Portland new age. (Portland, Or.) 1905-1907, August 11, 1906, Image 1

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VOL. XT.
PORTLAND, OREGON, SATURDAY, AUGUST II, 1900.
NO. 10.
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THE FIRST NATIONAL BANK OF KA US PELL
KALISPELL, MONTANA
D. It. I'KKI.EH, Tret., V. J. LEnKKT, V. Prcs.. It. E. YYKUBTKIt, Cash., W. D. I.AW80N, A. Cash.
Tmnacts a general banking bualncm. Drafts lnued, available In nil cities of the United
State and Europe, Hong Kong and Manila. Collections made on favorable terms.
LADD &. TILTON, Bankers Portland, Oregon
fotatrflshcd In 1859. Transact a (leneral Hanking lltistnes. Interest allowed on time do
posits. Collodions made at all points on favorablo terms. Letters of Credit lued available In
Ktiror and the Eastern States, bight Exchange and Telegraphic Transfers sold on New York,
Washington, Chicago, Ht 'Louis, Denver, Umahn, Hnn Francisco and various points In Oregon,
Washington, Idaho, Montana and llritisn Columbia. Exchaugo told on London, 1'nrls, llorlln,
Frankfort and Hong Kong.
UNITED STATES
OF PORTLAND, OREGON.
J. C. A1N8WOKTH, President. W. II. AYK.lt, Vice-President.
a. m. Wiimur, Assistant uasmer.
Transacts a gcnoral hanking business. Drafts Issued, available In all cities of the United
fitates and Europe, Hong Kong and Manila. Collections made on favorablo terms.
NORTHWEST DORMER THIRD AND OAK STREET.
FIRST NATIONAL BANK of NorthYaklmm, Wmsh.
Ompllml mntt Surplum 0180,000 OO
UNITED STATES DEPOSITORY
w.m. Lnn
President
CHAD. CAIll'KNTEIl
Vlco President
FIRST NATIONAL BANK
alia Walla, Washington. (First National Dank In the State.)
Transacts a General Banking Business.
CAPITAL 1100,000. 6UUPLUB 1100,(00.
LEVI ANKENY, President. A. II. HEYNOLD3. Vice President. A. It. I1URFOIID, Cashier
JOHN I). KYAN, Prcs. I). J. HENKEBBEY, Vice Pros. JOHN (J. MOItONY, Cashier
E. J. 1IOWMAN, Asst. Cashier. MAUK BKINNEIt, Asst. Cashier.
THE FIRST NATIONAL BANK OP GREAT FALLS, MONTANA
Capital, $200,000. UNITtD STATES DtPOSITARY Deposit! $1,200,000
AHKOCIATE IIANKHt Daly Hank A Trust Co,, Ilutto) Dalr llank b Trust Co., Anaconda
THE NATIONAL BANK OF COMMERCE
TAOOMA, WASH.
UNITED STATES DEPOSITARY
Cmitltmt $itUO.OOO Surplum $300,000
SAVINGS DEPARTMENT
OKFICEItB-'Chrster Thome, President! Arthur Albortmin, Vlro President and Cashier)
Trodurick A. Itlce, Assistant Cashier; Delburt A. Young, Assistant Cashier.
JNO. C. AINHWOIITH, Prcs. JNO. a llAKF.lt, Vice Prcs. P. O. KAUFKMAN.Sd Vlco Pros.
A. U, PltlCHAltD, Cashier. F. P. HASKELL, JU., Assistant Cnshlor. ,
THE FIDELITY TRUST COMPANY BANK
General Banking CAPITAL AND SURPLUS, $390,000 Safe Deposit Vaults
SAVINGS DEPARTMENT! Interest at Iho Kate of 3 iwr cent per Annum, Credited Hcinl-Aumially
TACOMA, WA8HINQTON
ALKKEb COOLIDOE, Pros. A. P. McCLAINK Vlco Pres AAUON KUIIN, Vice Pre).
CHAB. E. UCItlllKIt, Cashier. I). C. WOODWARD, Asst. Cashier.
THE COLFAX NATIONAL BANK of Oolfmx Wmsh.
Ommltml, $120,000.00
Trancacts a gonoral banking buslnoes. Special facilities for handling Eastern
Washington antl Idaho items.
W. F. KETTEN11ACH, I'res.
J. ALEXANDEIt, Vice Prcs.
LEWISTON NATIONAL BANK
Capital, Surplus and Undivided Profits, $215,000.00
Capital recently Increased from tW.000 to 1100,000 Surplus Increased from .V),ooo to 1100,000
1)1 ItECTOItft-Jos. Alexander, C. C. Itunnell. J. II. Morris, Grace K. Pfatllln. It. U. Iieach,
O. II. Kester, W. l Kettrnbach, O. K. (luernsey, Win. A. I.lbert, Jno. W. (livens, A. Kreldonrlch.
Twenty-two Years a National Dank. Oldest Bank In Lcwlston, Idaho.
Send Your Washington, Idaho and
Montana Business to the
, .OLD NATIONAL BAINK
Spokane Washington
THE FIRST NATIONAL BANK
Mooroheud,
JOHN I.AMn, DAVID AHKKOAAUI), LEW
Presideut Vice President
Intct-ot Pulcl on
FIRST NATIONAL. BANK of East Grand Forks, Minn.
Kami Loans Negotiated. 1'iro and Cyclone Inniiranoa Written.
Guucrnl Hanking IHiaidusa.
Capital, .V),M K. ARNKbON, Pre. O, It. JACOIII Cashier
4 Pur Cunt Intcront RnlU on Tlmu OupoHltH
FIRST NATIONAL BANK
BISMARK, NORTH DAKOTA
mtmbllhmd In 1B7D. Ommltml, $100,000. Inlmrmmt Pmld on Tlmm OmpornHm
C. It. LITTLE. President. V. I). KKNDItICK, Ice President.
8. M. PYE, Laahter. J. U HELL. Asst, Cashier,
GENERAL BANNINO BUSINESS TRANSAOTEO.
THE JAMES RIVER NATIONAL BANK
Of JAMESTOWN, NORTH DAKOTA.
The Oldest and Largest Banking House in Central North Dakota
Collections made on all points in North Dakota. Foreign and domestic exchange bough
and sold. Telegraph transfers to all parts of America.
THE
FIRST NATIONAL,
OF DUL.UTM, MINNESOTA.
CAPITAL. 800,000 SURPLUS 7311,000,
U. S. Government Depositary.
CKOKGE PALMEH F. L. MEYERS OEO. L. CLEAVER W. h, BHENHOLTH
President Cashier Asst. Cashier Asst. Cashier
La Qrande National Bank "JUSSS'
Ommltal and Surplus, S120,000
DIRECTORS: J. M, Berry, A. B. Conlejr, V. J, Holmes, F. M. Bjrlclt, F. L. Meyers, Geo. L
Cleaver, Geo. Palmer.
The Merchants National Bank
Of St. Paul. MlnneHOta
UNITED STATES DEPOSITORY
Capital, 41,000,000.00 Surplua, $400,000.00
TrunaactM a neneral banklnir tuilnutn. Corroapondence InvltwU
OFnCER8-KENNETII CLARK, President; OEO. II. PRINCE, Vice President; ll. W.
PARKER, Cuhlcr; H. VAN VLECK, Assistant Cashier.
PIRECTORS-Crawford Livingston, Kenneth Clark, J. II. Skinner, Louis V. Hill, Geo. If.
Prince, C. II. BIgelow, D. It. Noye, V. M. Watkios, L. P. Ordy, F. B. Kellogg, E. N. Baunders
Thomas A. Mar loir, W, B. Parsons, J, M. Uanuatord, Charles I'. Korea.
NATIONAL BANK
It. W. 8CHMKKK, Cashier
W. L, BTKINWKO.
Cashier
A. It. CLINK
Assistant Cashier
GEO. II. KEBTEIt.Casblor.
ESTABLISHED
IHtil
MlnnuMotu
A. HL'NTOON, ARTHUR II. COSTAIN,
Cainler As.t. Cashier
Tlmo DoponltM
Does a
BAINK
NEWS OnHE WEEK
In a Condensed Form for Onr
Busy Readers.
HAPPENINGS OF TWO CONTINENTS
A Resume of the Less Important but
Not Less Interesting Events
of the Past Week.
It is again rumored that Senators
Piatt ana Dopow are to resign.
Moderates of Russia may unite for
peaceful reforms by a new parliament.
The exclusion of rnportors has rained
a storm of protcat at the Pan' American
congress.
Turkiih troopi and Bulgarlanjbandits
have clashed. Tlio ticops hope to de
stroy the entire band.
Harrluian has been successful in his
fight to remain in control of the Wells
Fargo Express company.
Medals are being given the Russian
troops who remained loyal and sup
pressed the mutiny at Oronstadt.
St. Petersburg papers report that 700
persons have boon killed or wounded
during fight Inir between Tartars and
Armenians in Caucasia.
According to the census bureau the
population of the canal zono is about
30,000, and including the cities of Pan
Hiun Colon and Cristobal, 67,000.
The stockholders of tlio 'California
Insurance company hnvo voted to pay
Ban FranclBco losses dollar for dollar.
Tlio losses aggregato $1,325,000.
Tho Russian general strike has prov
en a com pie to failure.
Iowa Democrats have selected Claude
R. Porter as their candidate for gover
nor. The government wants 600 skilled
mechanics for work on tho Panama
canal.
Fivo Japanese fishermen have been
killed by Americans for poaching in
Alaska.
Unemployed negroes at Cape Town,
South Africa, have been rioting and
looting stores.
The enlisted men of the navy have
started a movement to do away with
tattoo marking.
The Russian government will hurry
its land reform policy to win the sup
port of tho peasants.
Thero eeema a possibility that Roneo
velt may he nominated for a third
term despite his refusal.
Facts gathered h- the census bureau
show that the per capita cost of run
ning Nw York Is greater than that of
any other American city.
A Philadelphia broker, supposed to
havo been a millionaire, proves to have
been a mere bluffer. Ills eetato will
not appraiso over f 2,000.
Russian Radicals have Issued a new
Hrlko manifesto.
The Iowa Democratic convention will
declare for Dry an.
Many deaths from boat acre reported
on tho Atlantic coast,
Three negroes have been lynched by
a mob at Salisbury, N, U,
An outbreak of Pulajanes and Igor,
rotes has occurred In the Philippines.
The general strike in Russia will be
a fiasco unices the railroad men Join it,
The Pan-American congrers, in ses
sion at Rio de Janeiro, voted for uni
versal arbitration.
The crew of a Russian training ship
has mutinied. The trouble has been
suppressed and 30 mutineers delivered
to the authorities.
A recommendation will he made to
congress to spend $160,000 enlaruintr
and improving Ellis island immigra
tion station, new York,
Reports from Ballonger, 400 miles
wst of Houston, Texas, are to the
effect that nine inches of rain fell in
24 hours over an area including several
hundred square miles. Bridges are
out, wires down and crops badly do.
vastated.
A member of the kaiser's cabinet is
accused of grafting.
It s reported that Russian bankers
will aid the revolutionists.
A. St. Petersburg paper says General
Trepoff is to be minister of war.
Ifarriman is believed to be secretly
buying up St. Paul railway stock.
Heat in Chicago is oppressive.
Deaths and prostrations are quite nu
merous. An Italian anarchist has been cap
tured wit)) a quantity of dynamite in
tended for the king.
Sarah Bernhardt has been refused a
decoration of the Legion of Honor by
France because she does not nay her
debU.
Ht-RING ARRESTED.
Cashier of Chicago Dofunct Bank De
nies His Guilt.
Chicago, Aug. lO.Henry II. Horing,
cashier of tho Mllwaukoo Avenue State
bank, which closed its doors Monday,
waB arrested yesterday and will bo re
fused his rolenao on ball until his con
nection with the disappearance of near
ly $1,000,000 of tho bank's funds ii
cleared up. Paul 0. Stonslnnd, ptesl
dent of tho deiunct institution, is still
a fugitive, and, although nearly 100
detectives nre searching for him, his
whereabouts ia as much of a mystery
as evor.
Ilerlng was arrested yesterday after
noon, two hours after tho time ho had
previously promised he would give
himself up. Ho was taVen at onro to
the olllco of Chief of Pollco Collins and
put through a thorough examination bb
to bis kuowlcdgo ol President Stens
land's mismanagement of tho institu
tion. Horing doclared ho did not know
where BtenBland was and had had no
communiclatlon with htm for over a
week. Tho cashier strenuously denied
the chargo that ho himself was partly
responsible for the failure of the bank.
Herlng maintains that, if he is guilty
of breaking tho banking laws ol Illi
nois, Stensland 1b responsible, as Hor
ing In his examination doclared he
never henoflttcd a single dollar by
Stensland's peculiar system of banking.
Bank Examiner Jones and Assistant
United States Attorney Gloasoti woro
present during tho examination of Hor
ing. Nxithcr they nor tho pollco ofll
data wcro satisfied with his explanation
of his connection with the collapso of
tho bank, and it was accordingly decid
ed to rehiBO ball until tho matter had
boon further Investigacd.
ro PURCHASE SILVER.
Government Enters Market for First
Tlmo in Thirteen Years.
Washnigton, Aug. 10, For tho first
time In 13 years tho government an
nounced today its purporo to purchaso
sliver for coinage purposes. Tenders
are invited at the office of the director
of the mint in this city on Wednesday,
August 16, up to 1 o'clock p. m., anil
every Wednesday thereafter until
further notice. These tenders are to be
for delivery at the Pjlladelphia, New
Orleans or Denver mints, settlement to
be on the New York basis of bullion
guaranteed .000 fine. The treasury re
serves the right to rolect all tenders or
accept such part of any tenders as may
suit Its convenience.
It Is understood that, anticipating
that its reappearance as a purchaser
might temporarily disturb tho market
unduly, tlu treasury has obtained con
trol of considerable amounts for furture
delivery, so that it Is In a position to
drop out of the market for soveral
months if desirable The averago re
quirements of the treasury throughout
tho year will probably not exceed 100,.
000 ounces por week, and it will bo tho
policy of tho department, whilo keep
ing a reasonable amount on hand, to so
distribute its purchases throughout the
year that its demands will he uniform
and not an element of uncertainty in
the market.
TREAT BOTH NATIONS ALIKE
Japan Says China Allows Russia Free
Trade in Manchuria.
London, Aug 10, In a dispatch
from Tnklot tho correspondent of the
Daily Telegraph says it Ih stated with
authority that Japan will only consent
to the establishment of a Chinese cub
torn house at Port Dalny to levy duties
on goods proceeding inland beyond the
Kwau Tung peninsula on condition
that a similar system be inaugurated at
the southrrn frontier railroad stations
in Northern Manchuria.
It is asrerted, the correspondent con
tinues, that at preeont merchandise is
pturiiig into Manchuria over the Siber
ian rr.ilioad, from both European Rus
sia and Vladivostok, without the pay
ment of duty. It can therefore be sold
very cheaply. Russia's policy, th
correspondent concludes, obviously 1b
to isolate Port Dalny and divert all the
trade to Vladivostok, in order to rob
Japan of the fruits of victory.
Watson is Guilty.
Portland, Aug. 0. After being out
from 6:30 Tuitdy afternoon until 2
o'clock yesterday morning, the jury in
the case of the United States against
Charles A. Watson returned a verdict
finding the defendant guilty of perjury
as charged in the Indictment, with a
recommendation for clemency. Judge
Bennett, counsel for Watson, gave no
tice of a motion for a new trial as soon
as the verdict of the Jury was recorded.
He was allowed 30 day) to prepare bills
of exceptions in the Hendricks and
Watson cases,
Bandits Rule Polish Villages.
Warsaw, Aug. 10. The terrorists
are continually attacking and robbing
postofikes, government spirit shops,
treasuries and the mails. The governor
general has ordered that henceforth the
Inhabitants of villages, communities
and cities in or near which such crimes
runr ahall mv ihm 1asan rofliiltlncr
.,w-., ...... rmf ...w .v.... ....... ..D
from such robberies.
REVOLT IN FINLAND
Entire Populace Ready to Die
Fighting Oppressors.
GOVERNOR ORDERS REBELS SHOT
No Distlnc.ion Made for Ago or Sox
Women Are Taking Loading
Part In Revolt.
Copenhagen, Aug. 0. Legallicd
slaughter of Finnish womou is promis
ed If the troops carry out tho orders
given them by tho Russian governor
general yesterday. Ho Issued a procla
mation to the commending otllcers of
tho troop, instructing them that all
persons engagod in advocating and
spreading tho revolutionary propaganda
must be shot, without regard for age or
sex. Inasmuch as for the past wook
tho loyal Finnish women have drcssod
themselves in garments of flaming rod
and paraded tho streets, stopping pass
ers-by and forcing their way into fac
tories and shops, it is evident that tho
order of tho govornor gonoral Is direct
ed ngalnst them.
Tho order followed tho stabbing of
tho captain of a Cossack troop who at
tompted to arrest three women who
were mldrcsslng a crowd of working
men In tho markot equaro of a Finnish
town. As the trooper placed hla hand
upon tho arm of ono of them sho turn
ed, and drawing a dagger that sho had
concealod in her hair, ran it into his
heart. With her companions she es
caped, and has not been apprehended.
Other reports of similar occurrences
havo been received during tho last three
days, and, acting, it is understood, un
der orders received from St. Petersburg
the governor general has determined
upon tho strictest lepresslve measures.
All Finland is seething with revolt,
and practically the entire populace is
ready to sacrifice lives and property to
deal blows at the military oppressors.
Tha Russian authorities realise this,
and are strengthening the garrisons of
all Finnish towns. Halt a dozen at
tempts on the lives of Russian officials
have occurred recently, but none- havo
succeeded.
CASHIER IS INNOCENT.
Officer of Defunct Ohlcago Bank Says
President Did Looting.
Chicago, Aug. 0. Tho Tribune today
says:
"Henry W. Herring, cashier ol tho
Milwaukeo Avenue Stato bank, looted
by Paul 0. 8tenslond of over $1,000,.
000, is in Chicago. He has not been
out of Chicago since Monday morning.
Tho police department can call In Its
circulars, tako its detoclives off the
trail and rest assured in the belief that
at 1 o'clock tomorrow, or rather ono
minute after 1, Mr. Herring will ho In
the custody of Inspector Shippy. Her.
ring intonds to give himself up nud is
absolutely confident that in a short
apace of time he can show to the satin
faction of every ono concerned that ho
had no part in robbing the 23,000 de
positors of ttie wrocked Institution."
Theodore StenBland, vice president of
tho Milwaukeo Avenue State bank, and
on of tho fugitive president of that In
stitution, Iibb come to the rescuo of tho
23,000 depositors, and It Is tho general
belief of tliofo who aro endeavoring to
straighten out the atlairs of the bank
that there is an excellent chanco that
all depositors will uvolvo almost dollar
for dollar when a final settlement is
made. The improved condition of the
bank's affairs was brought about by
young Stensland, who announced that
he would turn over to Receivor FeUer
all tho real estate and personal proper
ty of Paul 0, Stensland, his father.
The eon places a valuation of $000,.
000 on this collateral, and he stated
that he had full authority to make a
transfer of the property lor the benefit
of the depositors.
Canned Veal Is Disguised.
Columbs, 0,, Aug, 0 Reports of the
analysis of 20 samples of potted ham,
chicken, hamburger steak, luncheon
sausage and similar preparations sold
by meat packers submitted to State
Dairy and Food Commissioner Ankeny
today show the presence of preserva
tives and in some cases traces of tin and
zinc poison. Some cans labeled "pot
ted chicken" were found to contain
veal. Mr. Ankeny will officially warn
the manufacturers that their products
will be kept out of the Ohio markets
unless they comply with the law,
Loss Will Reach $1,000,000.
Fort Worth, Tex., Aug. 0, Reports
from the floods in the territories Indi
cate that the damage will be great.
Conservative estimates place the loss
up to this time at 11.000,000, suffered
mostly by the railroads,
BANK UTTERLY GUTTED.
Evon Safoty Deposit Boxes of Chica
go Institution Wero Rifled.
Chicago, Aug. 8, Theodore -Stens.
land, vice president of the Milwaukeo
Avenuo Stato bank, was arrested lato
yesterday afternoon on a charge of vio
lating tho banking laws of tho state.
Earlier in tho day tho Institution was
placed in tho hands of a rccolver and
Paul O. Stonslnnd, president of tho
bank, and father of tho vice president,
also CaBhlor Honing, wore officially
doclared fugitives from Justico and
tholr poraonnl descriptions placed in
tho hands of the police throughout tho
country. This action wna taken by tho
authorities after dovolopments had
shown that the finances of tho failed
institution wore in a deplorable condi
tion and had been for a number of
years. Even the safety boxes, owned
and rontod by tho bank, had been
tarn pored with and rifled.
The day's developments were pro
ductive of th) first ray of hopo for the
depositors, who believed their savings
of years Bwopt away in tho wreck.
David R. Forgan, vlco president of tho
First National bank, and ono of thoso
to whom tho state of tho defunct bank's
affairs hnd been laid bare, declared
that probably 70 cents on tho dollar
would be paid In the final adjustment.
FLOOD IN TEXAS.
Deluge of Pttn Drowns Stock and
Crops and Blocks Railroads.
Fort Worth, Texas, Aug. 8. Ac
cording to advices rocoived hero, West
Central Texas has been visited by tor
rentlal mine, considerable domago be
ing dono to growing crops and railroad
traffic Is badly crippled. However, no
casualties, bo far as known, have oc
curred. Traillc on the Lampasas branch of
the Santa Fo railroad la suspended be
cause of washouts.
At Browuwood, Pfcan bayou, which
(lows into tho Colorado river, ioso so
rapidly that mnny people living in the
lowlands had to flee for safety. About
six miles of tho track of tho Santa Fe
has boen washed out. Five hundred
people aic homeless. Last night the
water was standing within three feet of
the high water mark of 1000. A strip
of country 30 miles long by two to four
miles wide Is covered with three to
ten feet of water. Railway tracks have
been washed out for miles, and a pile,
driver sent out with 200 laborers was
unablo to proceed further than here.
At Balllnger some damage was done,
and the Concho river rose to a higher
stage than for yoAra.
At San Antonio it was said that
family of fivo had perished, but this
was an error. Tho family escaped dur
ing the night in advance of tho flood,
and reached safety.
Amurlllo, Texas, in tho Panhandle,
reports a eovorn electrical storm, and
has news that Canyon City, a small
town, was wiped out by n tornado that
killed several penplo. Wires are down
in that direction hiuI tho report cannot
be confirmed. At Amarllln tho family
of a (armor named Rlggs, residing four
miles south of town, whh killed by
lightning.
BLAMES TIMBER OWNERS.
Los Ang'? Lumberman Says Thero
Is No Lumber Trust.
Los Angeles, Aug 8. W. F, Wheat
ley, vice president of the Consolidated
Lumber company of this city, which In
a dlBtrlhuting branch of tho St. Paul h
Tacoma Lumber company, today gavo
out an Interview, denying that thero Is
any such organization as the "lumber
trust," an the Pacific coast.
Mr. Wheatluy Is quoted iib saying
that the timber owners control the
prices and aro In tho main responsible
for the recent raises. Thero are other
causeH, also, ho said, including tie
union labor difficulties, at the principal
porta.
Mr. IV heat ley admitted, according to
the Inturvlnw, thut tho St. Paul fc Ta
coma Lumber company waa the princi
pal owner of timber lauds In the Puget
sound country, but stated that tho
company was cutting very little of itx
timber at this tlmo, It was buying ho
said, from small holders,
Tho preterit price of 12-Inch Oregon
Oregon pine boards In this citv for the,
clear is $41 and for the rough $28, In
October of last year the price was for
tne clear ski and tor the rough $18.60.
Will Ignore Separation Law.
Parle, Aug, 8, A rumor is prevalent
here that instructions from the pope to
French bishops relative to the law of
separation of church and stato have
been received In Paris. It is declared
In a well informed quarter that the
Vatican considers the enactment of the
law to be a dead letter and does not
recognize the principle that the lay as
sociation shall govern churches, The
Vatican overcomes the difficulty, how
ever, by permitting for this purpose
the formation of Catholic societies un
der the bishop.
Whole Ice Trust Indicted.
Philadelphia, Aug. 8. Tho grand
Jury today found true bills of indict
merit against 14 members of the Phila
delphia fen exchanxe, who are charged
with conspiracy to increase the price
o( ice.
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