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About Medford daily tribune. (Medford, Or.) 1906-1909 | View Entire Issue (Dec. 5, 1907)
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Fair west hot ii promised fur
tunight and Friday.
JIEDPOIiD, OREGON, THURSDAY- DECEMBER 5, 1907.
ASKS TROOPS F0R
Signs of Returning
Rolls are Paid in
Company Likely to Be Organized Lo
cally to Fill Southom Oregon Bat
talionOld Fourth Regiment to Be
'Fifty thousand dollars in clearing
house money was lutnit'd ii Monday in
Portland, and one bank alone last Sat
i.rday paid nut over $HM),(iiii) in cash
on. payrolls," .said Judgo Vil)i:uu S.
Clowoll, president of the First Nution
u) liank of Mcdford. who has returned
from I'ortland, yllcr( iio attended t!ie
meeting of business men, hanker and
eommereia! clubs of the state, called
to discins the ipicstion of an extra ses-
s.on. "This is the lvst iudieation of
tho financial situation in the inctrnpo
lis, he eoul inncd. "It shows that the
sit "ill" v is beinj; relieved and that
conditions are rapidly improving,
"iilisiuess is fast rcmimiit"; i t -i nor
mal aspect, anil while it will he some
time before things are adjusted, the
outlook is optiinistie. Matters are in
such goud shape' that, it is doubtful if
the holidays are extended to the first
ol the year as planned."
Judge Crowoll was honored by being
made chairman of the state committee
that notified the governor that, it was
not necessary to call an extra session.
His optimism is further justified by
the reports of I Wild ml banks. The
First, National bank .has $I2,S(HI,)1 do
posits, $4,111111,11(111 in its-vaults and $2,
JMH.1,1,100.. additional .Hvajlnble in other
.banks. The -wheat crop is bringing in
$1011.11110 n daynow to I'ortland.
Any person or firm holding any ordei
on our company or time-chocks of em
ployes. plea-se see that same are present
ed at office not later than Thursday,
the ",lh insl. 2ls"
IOWA U'MIIRR & BOX CO.
Last Pettibone Challenge.
ilOl.SK, Idaho, Dec. 5. The state
used the sixth peremptory challenge
this morning in the session of the Pet
tibone trial. The examination of tales
Mcdford luny secure a militia com
pany if it goes after it. Seventy young
men have signed the roll and petitioned
the adjutant general for nil order to
muster tlieni into the service.
In order to comply with i general
order of the war department requiring
the organized militia to conform to
that of the regular army, tho state
military board met yesterday afternoon
in the office of Adjutant Oeneral Fin-
zor and formally abolished the Fourth
Oregon infantry, stationed in southern
Oregon. This action of the military
board will have the effect of relieving
Colonel Oenrge Yoran nnd his staff
from active service, but they will re
tain their commissions and remain a
part of the national guard organization,
subject to the orders of tho Raiutant-
general. Neither officers nor troops will
be mustored out of the service. Four
companies of the seven that consti
tuted the Fourth regiment will he form
ed into an independent battalion. The
remaining three companies will become
independent units, pending the nms
teiing in of another company, when n
second independent battalion will be
Tin' designation of the major who
will coin maud the independent battal
ion now formed has not been deter-'
mined, The two majors arc Creed Ham
mond of Eugene and Frank H. Hamlin
of Roseburg, both of whom will retain
commands of battalions when the sec
lain to Take Lid
Off Next Week
Banks are Safe.
PORTLAND, Dee. r. A special to
I hi1 Kvening Telegram from Salem says
t lint (inventor 'hnmherlahi mainiineed
today that lit' would definitely call off
tin- holidays on ). lumber 14. The gov
ernor considers conditions so shaping
themselves that the ronton for holidays
is past. He believes that an additional
ten days will be sufficient for the pur-.
poso, with the holidays declared. The
excellent showing made bv all hanks
was the determining factor.
Postponed to Await Locating of Su
pervisor Gallagher, Who Is Missing
Last Heard Mrom in New York
SAN FRANCISCO. Dec. 5.- The trial
of Patrick Calhoun, president of tin
United Railways, on the charge, of brili
cry of the supervisors, begun this morn
mil', but on a motion ot Henev s it went
over until Monday to give the prosecu
i urn i ime in locate lormer tsunervisor
fames u linlltti'her, who was last
heard from in New York. Thero are
14 indictments neaiint Calhoun. Abe
Kuef is expected to bo the central fin
ore in uie inni or v nuioun.
BILLS FOR OREGON
INTRODUCED IN SENATE
DEMAND DEEPENING ux
RIVERS AND HARBOrtS
WASHINGTON. Dec. o. Fully iiOO
nil. I nAnan.tn . 'I J'lJll 1 1 IOII.I I UCI. I'.'IU'H HI leiKletl t lie .Ml
wnu loo musieniig in ot another com
RIVER AND HARBOR
CONGRESS IN SESSION
WASHINGTON, Dec. 5. With an
attendance that includes the governors
of several states, the mayors of a num
ber of cities and representatives of
trade and business organizations of
very section of the country, tho na
tional rivers nnd harbors congress as
sembled in this citv yesterday and will
remain in session until Saturday. The
I'ongress, owing to its representative
character nnd the prominence and in
fluence of tho patricipants, promises to
give it fresh impetus to the popular d
maim tor luifium waterway and harhor
improvements. Joseph E. Runsdell of
Louisiana is president and .1. Kllisun
of Cincinnati is secretary of the congress.
loseph X. Teal of Portland, Or., rep
resenting the chamber of commerce, is
e in the interest of the several Ore-
gnu projects, principal among which is
the Celilo canal, which will render the
Columbia river navigable for hundreds
of miles along its course nnd bring the
rich Inland Kmpire into closer relations
with tho city of Portland and tho sea
board at Astoria. I
iivers and Harbors congress to-
lay, (ioveruor (.!lenu of North Caro
lina declared tho matter before con
gress t he most important approached
within the last 1 00 years. "As Secre
tary of State Hoot said yesterday, we
have reached the bridge. I say to you
we have not only nached the bridge,
but we must cross the bridge this year.
We driuaiiil ilie dit in ning of our rivers
ami ha-l. ins. We will take no denial,
WASHINGTON, Doc. 5. Senator
Milton ot Oregon has introduced bills
follows: To amend tho interstate com
merce act so us to prohibit railroads
rrotu making rato increases effoetiv
against shippers' protects until a hoar
ing neroro t lie com Hussion is had
establish an assay offico at Portland
with an nnsayer salaried at $50, nnd
an assistant tit $1400; to erect a lioht
house at Capo Arago, Or., at the cost of
20,000; to appropriate $000,000, or so
mucn or that as needed, to buy the
locks ot the canal at Oregon Citv
providing for the sale of tho Silotz In
diau lauds; creating a new judicial dis
trict in eastern Oregon to compriso the
counties ot jiaKcr, mainour, Jlarney,
tirnnt, Union, Umatilla, Morrow, Slier
man, Gilliam, Cook, Wheeler and Lane.
and providing for court terms at linker
( ity in April and November; to con
struct a hatcliery in Snake river at
Morton island; to build a monument nt
Fort Clatsop to cost $10,000.
Senator Ilourue has introduced a bill
to relievo R. Green of tho loss, as imot
master of Oregon City, of $200 by bur
ginrv; niso a hill providing tor the pay
ment of volunteers in the Cay use lii
diau wars of 1847-8.
rr 'liter Ink Factory Bums.
XKW YORK. Dec. a. The factory of
.. v ih.-rg. mnntitai turer ot printers'
ifik, v. as r"sl"oycd by fire early to
day. Tlh loss is $1011,000.
Tiicom.". Banks Sound.
TA 'DM A , W ash.. Dec. o. State-m.-iils
issued by local banks show thai
cash on hand is twice the amount re
1 1 u i red by law. The general conditions
are t xcc llent.
COMMITTEE NAMED TO
WASHINGTON, Dec. x ( hainnnn
Fowler of the house committee of bank
ing currency today announced that a
subcommittee of five would frame and
submit to the main coniiuittoo a cur
remy bill. The committee is as fol
lows: Fowli r. New Jersey; Prince, Il
linois; Calderhead. Kansas'; Lewis, Geor
gia; (MllcPipie, lexas. The last two are
GOES FROM BLUE LEDGE
TO MINE IN MEXICO
Frank P. Safford, who has been
sistaut superintendent at. tho lilue
Ledge mine, loft Wednesday for Mexi
co, where ho will bo in charge of p
large mine owned by R. 8. Towne, own
(r of the Jtlno hedge. Mr. Hafford
made many friends in Med ford, whore
he was a social favorito, who wish him
luck in his new position.
. LOOKING FOR ORCHARDS
Carl A. Hillstrom of Posndt mi, Cnl
is in tho city and hus been looking
over tne valley with a vioy to purchas
ing orcnam lanti.
Mr. Hall of La Grande. Or., recently
came 10 mcuioni anu will locate.
.John Norling, the bandmaster of
Jacksonville, visited in Mcdford Thurs
Air. nownrd or L.a J'orte, lud., is in
Medford and will locate in tho valley
ii mijwiine iiivesimeuis can lie mime.
Mr. Lyle of St. Louis, Mo., is look
ing over the valley and will make pur
liases ot land.
THE FIRST NATIONAL BANK OF MEDFORD
Publishes below its sworn statement to the Treasury Department of its condition on
TUESDAY, DECEMBER 3, 1907, and we also republish our last prior statement, dated
August 22, 1907; so that our patrons and the public may have an easy means of
comparing our present condition witn our condition three months ago.
WILLIAM S. CROWELL President.
RKI'oliT OF Til K CONDlTroX OP
The First National Bank of Medford
in tin- Stall- ..f Otvi'.mi, al Hit' t-1 p h (if liusimvw, August 22, 1907:
al tin' i'Iiiki' df liuHinras, August 22,
I.ii.'ims ami discounts $102,1 13.34
((cnlialts, secured and unsecured 4.-IIX.44
I'liitcl Slates lmiiils Id secure circulali'ill 3it.lKIII.IIK
Premium mi 1'iiited States bonds I,:iiiil.:t7
.1:. aids, securities, i'U' 120,:! IS. so
lianliini; lwiu'e, furniture and fixtures is,li:il.:is
line frnin nntinnal lianlis. mil reserve agents (io.lll
Hue from state lunik and bankers 12
Due from approved reserve agents &7,080.05
' keeks and other cash items 7iHi."i!l
Notes of other national banks BWi.OO
1'r:n'ti,.nal currency and nickels S'.'S.ltl
Lawful money reserve in bank, viz.:
Legal tender notes 440.00
lic.lemi'ti.in fund with Cuitcd Static Treasurer, 5 icr
cent of circulat ion
M. L. ALFORD, Cashier.
HKPOIIT OK THE CONDITION OF
The First National Bank of Medford
.fjH,!l 1 it..-,f
ill Ihe State of Oregon, nt Hie cIohc of business December 3, 1907
Loans and discounts
Overdrafts, secured and uiisectirisl
T'llited States bonds to secure circulation
Premiums on I'liiled States bonds
lfouds, securities, etc
Hanking house, furniture find fixtures
Due from national banks (nut reserve agetits)
Due front state banks and bankers
Due from approved reserve agents
'l ks and other cash items
Notes of other national brinks
Fractional paper currency, nickels and cents
Lawful money reserve In bank, viz.:
iieiieinnion iiiii. I with l mlcd States Treasurer (3 per
cent of circulation 1300 00
t '.'i.il,'il stock paid in
Sui ilns t'tinil ' t
rii.lividod profits, less expenses and taxes
S'llioiiril bank notes outstanding
Due s'nl" banks and bankers
luuiviiuii.i in pusus Kuuioci io CIICCK 248 031 74
Demand certificates of deposit 194,r)8'83
Tinie certificates of deposit 8 89901
''i.1''".1 ,'l'"'ks '.-.i.ii.n.1
f'a-liii I 's eh' , !.- outstanding 17", 00
. .$ 50,000.00
l'ndivided profits, less expenses and taxes paid
National bank notes oiitstandini
Due lo ot Ik
Due lo state
r national baukr
banks and bankers
Individual deposits subject to check 208,04
Lseiiniiiu cumiicaieB oi deposit
Time certificates of deposit
Tin- Siate of Ont,,5, founty of Jackson.
t. .V, I.. Alt.. i.l, la-liier of the nbovi. named bank, do solemnly
w. ..r the iikinc statement is true to the best of mv knowledge
'"'I bili.-f. . M. L. AI.FOltD, Cashier.
.-. Cn-rest Attest:
vm. s. i:om:i.i
V. K. I'r.TKl,,
Subscribed and sworn
State of Oregon
I. M. I
swear that tin'
comity of Jackson, ss:
Alford. cashier of the above mimed ,l ...i i
stalein. i,t is true to the best t my knowledge
.ii. I.. Ai.coitiJ, c,hier.
, fore me. this etith ilav nt Autrnst,
1). T. LAWTON, Notary Public.
vm. h. ("owki.i,,
f. k. di;u;l,
Sulncribid and sworn tu before me, this 5th day of December,
,!'"7- I). T. LAW-TOM, Notary Public.
People Invest Money
Hereafter in the
ery Follows Slump.
Governor Sparks Astonishes His City
Krquet for Federal Soldiers To
Operate tho Mines With No.i-Union
(IOLDPIKLD. Dee. 5. News that
Governor .Sparks had called U ou tho
federal government to have tru h ready
for use in loilillield at n nionienl 'a call
to restore order was received in thin
(immunity with ainazcment this morn
ing. It was not supposed that the strike
s 'liatioii had reached audi mi acute
stage as to warrant such precautions.
On the surface (Inldflcld is as quiet as
a holiday. People generally accept the
news as meaning that mine operators
are preparing to open tile mines with
niiiiiiiiiiiii minors. If this undertaken
the general opinion is Hint there will
lie nut and bloodshed.
KANSAS CITY BANK
KANSAS CITV. Dec. 5. Tho Nation
al liank of Commerce of Kansas City
x.u.-o ,,, open us (morn una morning,
The bunk is one of the oldest and Inrir-
est in Ihe city. Tho bank's directors
and stockholders include some of tho
most prominent men in Hie city. Other
banks havo issued their statements,
showing a healthy condition. The bank
has been in a weakened condition since
the last statement, issued August 22
Dr. H. Woods, president, stated: "The
directors of Hie National Hank of Com
nierie thought it was best to nt least
close I. niporarilv. We made tho (Ight
oi our uvea, nut conditions were
against us. Ihe depositors will not
lose a cent.'
None of the other banks have asked
aid and tho clearing house considers
them perfectly sound, 'flic failure of
'In liank did not cause nnv run
other banks, nnd deposits are being
(MiOIC IIS IISI1UI.
The fa'liir.' was due to culls made by
inner nanus lor balances. In Septom
ber the bank, had 14 .000,01)0 deposits.
Mildred Hoot, Mrs. M. L. Brown,
Mrs. II. C. Cook, Miss May Crain, Lu
ther llaniinersley, Miss c'nrnu'lii llin-
klo, .1. T. Junes. Mrs. A. L. Johnson
('. M. McCov. Y. I'clerson. W. II linlh.
inn, Alnielher Hoe (2). Washington
oiieriuuu, .-sum n f ere, A. t'-. Kwdgortv
lohn It. oostiMi.
J. IT. Mitchell, alnto agent of the
Hankers' Life Insurance company of
Omaha, and part owner of the lYndle
Ion Daily Tribune, has deserted his
ionic city to locate in Medford. He
visited Medford some tinio since and
was so pleased wilh city and vnlley
that he decided to locate permanently.
Hefore his return ho visited ucarlv ail
tties of Washington, Oregon nnd Idaho,
and states that conditions in Medford
are better than in many other places.
no ninny ideas and theories have
been advanced as to the cause of the
present financial condition that it is
almost impossible to offer anything
new," said Mr. Mitchell. "However,
after a trip covering tho greater por
tion of Oregon. Washington and Ida
ho, I would stale that the general opin
ion aeenia to bo that it is enured by a
cleverly laid plot by high Iliianciera in
New York. Of this there can bo-liltle
doubt; that they were successful there
ia no doubt; in fact, it appears to have
gone further than they anticipated. It
will take New i ork years to again irain
the confidence of the western banker
or smnll depositor.
Is a Good Thing.
"Now this (I nunc in 1 depression, while
it has hurt some of us, is the best. Ihinu
that ever happen for the wiige-cirner
and small capitalist. Wo all know lhal
the past few years has witnessed a
great change in the banking world.
I rust companies, on account of tho lib-
nil interest paid, havo beci-me ihe
nding depositories for working nen-
le. They advertise 4 per cent and
pay it, as long as they run. Hut when
company pays 4 per cent, doesn't it
stand to reason that tho company must
oatl tins again, nnd they cannot alwavs
get prime loans. The coiiseuiienoo is
that many of the loans nro made on
urilies that n national bank could
not accept, and when they are forced
to realize this find it impossible.
Look to Real Estate
'The wage-earners, in the future, ill
nil of putting money into trust com
panies, will invest it in real estate. No
mger will they expect Hie interest on
the deposit to liny the house rent. There i
are in Oregon nnd in the Koguo ltiver 8ION8 OF GOOD TIMES
alley today thousands of acres that
un be bouirlil on the installment i.l-.i.
small tracts, which will pav moro
than any trust company, and when' hard
times coma Hie owner has a home and
"The agricultural and liorl icull nrnl
vcloiiment of Oregon are in their in-
fancy. .Smaller wheat fields, smaller or
hards and a higher state of cutlivn-
lon is what, we need. Thia alnto could
ed anil employ in tho growing of its
nrious products millions.
No Risk in Realty.
Another reason why the small lu
stier should buy real estate! There
absolutely no risk. The various
agricultural localities have b( on fully
sled and he can take his choice wheth-
it be to engage in the production of
heat, fruit, vegetables, dairy nrod
IB or uny of the many staples which
this ( nt rv is well miauled for. "
TESTIFY TO THREATS
MADE AGAINST QOEBEL
t.'i:ol-(ll:Ti,W. Dec. 5. State Sen
alor Watson, testifying in the Caleb
t oivers trial today, said that he nw
lour tinned men citizens close the door
in tne executive building while due
bel's body wns being carried from the
Hlnle Senator Frazier testified that
he heard some mountain men any: "We
are here to stand by Tuvlor nnd purpose
to give I hem hell."
PAGE'S NEW WAREHOUSE
AT ASHLAND BURNS
I'ngc 4 Son's large frame warehouse
at Ashland burned to the ground Wed
nesday. Tho building wns new, having
just been completed. It wns located on
the railroad right ,.f way and intended
lo bo used in packing and shipping
truit. It is not known how Hie fire
WHEN FACTORIES REOPEN
HOSTON, Dec. 5.-Signs of recovery
from business depression nro being feft
in all parts of JV,.W .:g,i hy the
resumption f openiti,,,,, j,, ,inM Bml
Goes on Record as
Whereas, Tho Commercial clut
hatt been notified through the
press that tho Oregon railway
4- commiHriion will visit Bedford
4- on the 10th inst. to hear any
Krit,v'""'e against tho South-
f ern Pacific company, and in par- V
f tieuliir thfl train ftorvice,
4- Resolved, That thia body no-
4- tify tho aaid railroad ennimis-
4- aion that tho (.'uDimorciai club
4- of Medford has no complaints or
grievances to prosent at thia
- time against tho said Southern
Pacific company af fee tine this
4- locality or tho train service; 4
4 that it ia the sen so of this bodv
- that the Hum t hern Pacific com-
4- pany nro meeting nil just do-
f jnands mado by tho public as 4
promptly as conditions will per-
4- mit. And be it further
4- Resolved, by the Commorclal
4- club of Medford, That we are
4- not in accord with the contin 4
4- tied hostile agitation against the 4
4- railroads, but beliovo they .
4- should have tho sumo just bud-' 4
4 port aa any other largo business 4
4- interests in the state. -
The Commercial club hold it regular
monthly meeting last night. Indorsed
resolutions presented by tho Horticul
tural society nnd passed resolutions to
the effect that the taking off of trains
Nos. II and 12 did not work an injury
to Mcdford and that the club would not
Umrticipntu in the hearing brought
against the Southern Pacific railroad
by tho si a to railroad commission.
A letter was read which was from
Secretary Loeb by President Perry
thanking the club for the box of Cornice
penra shipped President Kooaovolt for
liis Thanksgiving dinner.
A letter was received from President
M. P. Kggleston of tho Ashland Com
mercial club requesting the assistance
and aid of tho Medford business nmn in
presenting testimony beforo the state
railroad commission at Its hearing next
week to force the reinstatement of day
light trains recently taken off,
Speeches against participating in tho
imiuirv were made by Southern Pacific
Agent Kosenbaum, Attorney W. M. Col
vig, who also represents the Southern
Pacific, John D. Olwoll nnd lr. J. M.
Keene. It was tho ironerul sonse of the
meeting that the temporary removal of
the trains had not injured Mcdford, es
pecially since a pnssenger coach had
been attached to the fa-st freight, en
abling travelers to leave Grants in the
Resolutions as given aoove were p re
nted by Mr, Olwull and adopted with
out a dissenting vote.
Lineman Is Killed.
TArOMA. Wash.. ,p. Hi rtram
i mini, ii iiiiemjwi, tii vears or io.
whs struck by n streetcar Inst, nivht.
ami his skull fractured. Ho died noon
forwards. Ho leaves a widow. ev-
sons am! two daughters.
Eastbound Record Broken.
gilKKNrfTOWN, Dec. 5, Tho Cunsrd
iner Mauritania arrived hern nt. .Vi!i
lock this ufternoou, thus breaking
cant bound record.
TAFT LEAVES EUSSIA
TO VISIT IN BERLIN
NT. PKTKRHHPRrt. lw. --H.itp
Tat't and party left at iiuon lodiiy for
Merlin. A party of Russian officers and
functionaries mid the staff of th
American embassy suw the party off at
the railroad stption. The Russian nu
thorities are lelieved that tho secre
tary 'a visit has passed without any un
THIRTEEN INJURED IN
PITTSnrRfl, Dec. .1. A wreck
raused by either a defective switch or
the too hasty throwing of the switch,
resulted in a serious injury to 13 per
sons on the east bon rid Pennsylvania
passenger shortly nfier leaving the
7li:PORT OK TUB CONDITION OP
THE MEDFORD NATIONAL BANK
nt Medford, in the slide of Orniron, at the close of business, Dfcambef
Loans and discounts i $120,658.69
Overdrafts, si cured nnd unsei-ured 9,8113.28
Tuiled HlatcH I Is to ar-enre circulation 49,800.00
rreiniuiiiH on Vnited States lioiuls 1,795.87
Bonds, securities, etc
Ittinkluo; house, furnituro illul fixtures
T)ue from national luniks (not reaervo ngonts) ..
line from slate hanks ntul liliuhers
Duo from approved reservo stents
Checks and other cash items
riol.l dust on hand
Notes of other niitionnl lianka
Fniclionnl mtM'r currency, nickels and cents
Lawful money reservo in hntik, viz.:
TiCnl lender nolfs
s and taxes paid ',...jo'
Redemption fund with t'llited States Treasurer (5 per cent
of circulation ,
Total .., j.
f'npital stock paid in ..
Undivided profits, less expenses and taxes paid k...jBp' . . . . 2,424.67
National hank no'es outstanding ; 49,800.00
line to slate ImiuI.s and linnkers 1,815.58
Individual deposits subject to check 83,794.81
Demand certificates of deposit 13,639.96
Time certificates of deposit 2,650.00
State of Oregon, t'ounty of .Tnckson, sst
I, John H. Orth, enshier of the Hbove namod bank, do solemnly swear
that the above statement is true to the best of my knowledge and belief.
JOHN S. OKT1I, Cashier.
J. A. PERRY,
VM. M. COLVIQ,
J. E. EN'YABT,
Subscribed and sworn to before tna this 4th dnv of December, 1907.
P. M. STEWART,