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About Daily capital journal. (Salem, Or.) 1903-1919 | View Entire Issue (Aug. 29, 1912)
DAILT CAPITA! J0CB5AL, SALEX. OEEGON, f HTBSDAT, AUGUST 29, 1112. THE CAPITAL JOURNAL E. IIOFEK, Editor and Proprietor R. M. IIOFER, Manager !dtilnt Newapapcr Dvotd ta American Principle and tha Vrnft anil Ilnt,mn of All OrMroa PoWUhw) Kry fcwnlna; Kirrpt .aolr, Hilrm. Oro SUBSCRIPTION RATES: (Invariably in Advanca) PI Carrlor, par year ...13 20 Per month. .4r Pali j, b Mall, Pr jnr 4.00 I'tr mouth. .S.' Wartly, by Malt, par yr .... 1.00 SIX months .60 FULL LEAKED WIRR TEI.KftKAI'll ItPIIYiHT AN OPTIMISTIC OUTLOOK. Dunn's Review, a journal of finance and trade, published weekly in New York, in its report of conditions for the week endinj? August 24, really publishes a splendid editorial on crop and financial conditions, that is highly optimistic. It says: With crop prospects exceedingly brilliant, with the principal industries working to full normal capacity, with trade distribu tion continuously expanding, and with business sentiment be coming daily more confident and buoyant, the whole situation, both in fundamental conditions and in volume of transactions, is tatter than it has taen for years. The problems now are not those of depression, but becoming those bf prosperity. It is no longer a shortage of orders, but of capacity to supply demand, and in some cases consumers offer premiums for prompt delivery. A shortage of labor, not alone in the wheat fields, but in some of the industries, is reported. The railroads are buying liberally of supplies and are placing heavy advance orders, but there is a prospect of shortage of cars to carry the traffic bf the country. An actual shortage of money has not been reached, but a threefold demand for money to provide for business, to move the crops, and to finance new enterprise and speculation, is be ginning to make an impression on rates for loans. It js noticeable that merchants are now disposed to buy more freely or advance needs. , . High or unsettled prices still, however, complicate conditions In some trades. . Although the dry goods trade is very attractive, especially in the West, South and Northwest, yet there is considerable dispo sition in cotton goods to await more stability in the price of raw cotton. ' " It is noteworthy that the outlook for a large crop of cotton is improving with the continuance of better weather conditions. The shoe trade is retarded by the continued high prices of leather and hides. From the iron and steel industry nothing but the most fa vorable reports are forthcoming; plants are working to capac ity, stocks of pig iron are beingreduced, and the demand by the railroads and other consumers is large and urgent. Building operations are active. The copper market reflects the prevailing advancing state of trade and the current use of copper by some of the largest con sumers is said to be the heaviest on record. The hardware trade is pointing toward increased activity. Crop and weather reports indicate even even better condi tions than were disclosed by the latest government statements Naturally, the statistics of bank clearing reflect this general advance in business activity; the total this week shows gains of 13.0 per cent over 1911 and of 18.2 per cent over 1910. . Railroad gross earnings in the first two weeks of August in-, creased 7.2 per cent over last year. In foreign commerce the feature of the situation is the expan sion in imports. At New York in the latest week the imports were $19,748, 3.12, which Is nearly two millions greater than in 1911 and over one million more than in 1910. Exports were $9,731,507 against $14,300,402 in 1911 and $12,100,330 in 1910. Tn finished materials of iron and steel most of the leading plants are working close to capacity, whih the smaller con cerns are fully employed, and the output would be larger were it not for the shortage of Inlior. Prices tend upward, with the movement more nfoticeablo East and West than in the Pittsburg district. In addition to the 220,000 tons of rails, which have been re ported placed for next year, orders for over 200,000 tons more are reported to be pending. The best reflection of the prevailing activity in the steel mills is the readiness of buyers to pay premiums for prompt deliv ery, but mnny of the larger corporations are opposed to the ac ceptance of this premium business, believing that a rapid ad vance in quotations would militate against the prosperous con ditions that now prevail. The Tacks (Jut Illm. ' ONiran raws Mini wi ) Alaniuila, Cal Aug. 29. An uncon scious "ouch" from a burglar who has been ransacking houtMis here n lila bare feet nearly resulted in his cap turn liy the Rev. C. I Mears. M.rors' valuables are gone, but a few tacks on the floor explained the "ouch." Another woman who killed her hus band Mrs. Bernstein of Chicago has been acquitted. Killing husbands hcpiiib to be a perfectly safe aport. A ON noMt Practically in the city limits of Salem. This place consign of 26 acres of the best land In the Willamette valley, every foot of which in In cultivation: Thero ah re 14 acres of bearing prune trees. There are 2 acres of bearing cherry treeB. There are two acres of bearing apple trees. There la a fluo vineyard of the best grapes. There la a garden. Including berrlcn, etc. There Is a good bonne, barn, fruit drier and all the necesaary out buildings. Thero Is a team, wagon, all fntm Implements and full equipment. There Is nothing In the Willamette valley that can surpass this place, and few can equal It. Owner must sell at sacrifice to return east. l.ct us show this to you. Parker & Warcham t norm & sons SIS South Commercial Street Telephone Main 83 PORTLAND CLEAN -UP CAMPAIGN WHAT WAS DOSE YESTERDAY A!SD HOME THIXUH THAT HEBE SOT -EVAS3 DEdJSES APP0IST-HEST-SITIATIO AS THE DAY ENDED. Portland, Aug. 29. Walter H. Evans deputy United States district attorney, yesterday afternoon declined accept ance of Governor West's appointment to succeed George J. Cameron, giving as his reason the urgent business de mands of the office he now occupies. The governor has refused to announce any alternative appointment, although he continues to assert that Cameron Is no longer district attorney, and al though he Intimates he has under con sideration names of possible appoin tees. In the meantime, ho holds on tile the commission drawn up for Mr. Evans, saying that, while the present situation makes It Impossible for Mr. Evans to accept, he has not yet aban doned hope that he may at a later date find it possible to assume the poHltlon. Independent of the effort U secure a successor to Mr. Cameron, the gov ernor has announced that today he will go before the court, asking that a special prosecutor be appointed to In v.stlgatc the office of the district at torney, on charges of delinquency. The governor said that he would suggest for this appointment II. M. Estcrly, of this city, but that the court, at Its own discretion, may make such other selec tion as It may see fit. The governor has commissioned Tom Word, ex-sheriff of Multnomah county, to act as a special deputy to secure evidence for the grand Jury In the cases arising in the clean-up cam paign. Governor West announced last night that Mr. Word had agreed to accept the commission, while Mr. Word, ques ticned later, was non-committal, say Inf that he had not yet received the formal commission. "I can make no statement until the commission reaches me," he said- "However, everything will be all right." Mr. Word's appointment, according to the governor, is not to supplant the sheriff, but his powers will bo co ordinate with those of the sheriff and ills work will be entirely Independent. "The sheriff himself will be notified dally of the duties of his office and the innaltles will bo pointed out that, may attach to his failure to perform hlf duty," said Governor West last night "From time to tlnio I shall point out to him nuisances that exist, which it Is his duty to suppress, und after that It will be up to him to attend to them If he doesn't, thero will bo time enough for the next step by me. There are several statutes under which the cafto can be handled. Sheriff Stevens renewed hl state. ment that the policy of his office will stand, pointing out clearly that he was neither opposing law enforcement nor Inclined to refiiBo co-operation In ef I forts to enforce the law, so far as it came within the sphere of bis Jurisdic tion. "The policy of the sheriffs office is still unchanged," he said. "It will re main unchanged until the end of my term. According to newspaper re ports, the accuracy of which have not yet been questioned, the mayor has tendered and the governor has accepts ed the services of 230 policemen to aid htm In his crusade In the city. If these 2'j0 men so kindly offered by the may or, who bas unlimited power in mu nicipal matters, and accepted by the governor, are unable to cope with all of the law breakers, It will still be un necessary to order out the militia. The sheriff's office In the future, as In the past, will enforce all laws with strict Impartiality, concurrently with the po lice force. If possible, but Independent of them If necessary, and It will not make the slightest difference whether the complaint Is made by plain cltl v ns and taxpayers or Governor West, or any other politician. You D 'Toot Care Important as Your Complexion" Puff, Tlrrd, Aching Feet Change the Facial Expression and Are Often Responsible (or Wrinkles. Send for Free Trial TIZ ruckage To day. A well-rounded neck and shoulders are not enhanced In beauty when the feet make you look careworn and wrinkled. Tired, aching feet get on your nerves; corns, callouBes and bunions tako all the sunshine out of life. And yet if you put your feet In a TIZ foot bath all foot troubles vanish, the feet tako on a sensation of freshness and glow; your nerves and tired muscles at once relax and your mind thus be comes amiable and your face reflects this In the smile of happiness- Try the TIZ foot bath plan. It draws out the acids and poisons reduces all puf flnws, makes your feot look trim, neat and well-cared for. Do not use some thing else lor you will surely be dis appointed. For a free trial package write to Walter Luther Dodge & Co., 1223 8. Wabash Ave., Chicago, III- or go to any drug store, department or general and get a regular slie box of TIZ 25 cents X-RAYS AND SMILES. An eastern man writing to Klamath Falls for a ranch, has some queer Ideas. He wants a "ranch with heavy timber and a small part cleared near noBtofflce, with fishing stream run ning through It, plenty of game, near (tore on good road, with a lake and plenty of ducks and geese." In other words be wants the earth. a a The Stanley committee bas found that the Steel Trust's stock Is, $T00, OuO.OOO of It at least, water. The way to "bust" it la to tap It with an axe or knock out the bung. a Roosevelt Is being converted to the single tax 111 "a on the homeopathic plan. He thinks it would be a good plvu to put it in use in Alaska. a Oregon should hold her state fair In June. That Is when she most needs rain. a a a Dead fish and sewage have become so loud at Grants Pass that that place holds Its nose whenever It talks about home, sweet home. a a a Governor Johnson Is on his way from California to stump the east. He Is pretty well loaded and prepared to "stump It." a a a George W. Perkins announces that he Is no longer connected with J- P. Morgan & Co., and has not been con nected with them for a year. This may not prove Perkins a country sav er, but It certainly Is a good showing for the Morgans. D. C. Eybco teaming contractor liv ing at 609 Keeling Court, Canton, III., Is now we'l rid of a severe and an noying case of kidney trouble. His back pained and he was bothered with headaches and dizzy spells. "I took Foley Kidney Pills Just as directed and in a few days I felt much better. My life and strength seemed to come back, my headache left me, I slept well, and got up free from headache and dizzy spells. I am now all over my trouble and recommend Foley Kid ney pills to every one." Dr. Stone Drug Store. POUT OF COOS BAY Y0TED. (I'oYcnior to Sumo Commissioners of People's Choice. Marshfleld, Or., Aug. 29. The final returns show that the proposed new Port of Coos Bay carried at the spe cial election Tuesday by a large ma jority. The vote for the port was 793 and against It only 88. At the same time the voters ex pressed their choice for port commis sioners. This was unofficial and the vcte was canvassed by the chamber of commerce. Governor West has agreed to appoint the five receiving the larg est number of votes. There were 12 candidates and those chosen were: L. J. Simpson, mayor of North Bend; Peter Ixiggle, of North Bend; A. H. Powers, of the Smith Powers Logging company; Henry Sengstacken, of Marshfleld, and A. O. Rogers, a Cool Ulver farmer. After the county court has made a proclamation of tho election the gov ernor will formally appoint the com missioners. Denton County Has 30 Fairs. Corvallls, Or, Aug. 29. Thirty school districts participated In the Pcnton County Industrial Fair here yesterday. The extent, variety and ex cellence of the products shown far ex ceeded the expectations of the fair managers. The young exhibitors were Intensely Interested, and heavy showers of rain failed to dampen their enthusiasm. They carefully compared the prize- winning exhibits with others in the same class, getting pointers for their endeavors of next season. The great success of this fair makes it certain that the school exposition will be made an annual affair. Shaker Indians set an example for white folks; don't drink, smoke, chew or swear; help one another, especially the sick; shake hands much and take no medicine. . Memory of good unselfishly done Is prlcolesa treasure. on't Have to Worry About styles, fashions, new creations and low prices when you trade at the big Chicago Store, Our New York buyer attends to the buying worries. He is an expert in his line He knows the leading manufacturers of America and the best importing wholesale houses of America. His extensive buying is so great that he gets prices so low that merchants of a small volume of business cannot touch, When you trade here you get the benefit s great buying power, both In style, quality, and low prices, We do the business. Mountains of New Fall Goods Now on exhibition in all departments. Beautiful Dress Goods and Cloakings, New Silks, a grand assortment. Cloaks, Suitings , Millinery, the best values we ever offered 42 departments filled from the basement to the top floor, Do your trading here and save money, 55 mm mm New Fall Styles Now Opened Up and Ready for Selling Coats, Suits and Millinery Now on display. The choicest und best values we ever had the pleasure of offering the ladles of Salem and the surrounding vicinity. You will say ao when you see the choice values we are offering and our close advertised prices. New Suits $4.95, $6.90, $9.90 $12.50 and $14.50 New Coats JS4.50, $7.50, $8.50 and $10.50 New Trimmed Hats $1.50 $1.75, $2.50 and $3.50 Extra Special We buy goods specially from the manufacturer at Job lot prices for our extra special sale. You cannot duplicate them In Salem. 15c Madras Drapery, yd 8 l-3c Sc Linen Finished Percales, yd... 5c Nice 6c Ladles' Hdkfs, only 2c Standard Outing Flannel, yard ...At 9c White Outing Flannel, yd Cc Ladles' $3 Rubber Coats, now ..2.95 60c Children's and Misses' Union Suits, winter weight, now 25c VI. 50 Black Tafreta Silk Waists now only 11.75 And so it Is all over the store; no such values offered In Salem. CHICAGO STORE SALEM. OREGON THE STORE THAT SAVES YOU MONEY The Odd Fellows are erectlnfe a It is Bald that girls who lisp are ex brlck'bulldlng at Pilot Rock. pert klBsers. Somo people practice economy, but neglect to learn it. r ' r "- A - i - . . .- Where ocean, mountain' and forest combine to give you an ideal vacation; where the beautiful Cape, improved with boulevards, drives, walks, streets, sidewalks, postoffice (with daily mail), water system, electric lights, and tele phone, etc, projects a mile or more into the Pacific Ocean, and affords a view unsurpassed. Agate Beach has also a 42-room hotel, with hot and cold water, electric lights and telephones, patronized this season to its full capacity. There are stores and boarding houses, auto service to and from Newport (nine round trips daily), and busses making regular trips to surrounding points of interest, Forty new cottages have been erected the past three or four months and lots (50x1 00 and over) are in demand at prevailing very reasonable prices, Agate Beach Land Co. 213 Board bf Trade Building, Portland, Oregon, or Agate Beach, Oregon . AUATK BEACH I.V.