.12
THE MORNING OXEGONIAN, FRIDAY, MARCH 9, 1900.
IADSES' KID GLOVES
Our large Import order for Spring just received and presents an at
tractive showing, embodying every worthy feature known to best mod
em glovemakers. Perfectly modeled and finished; latest tints, eoft,
pliable kid and newest styles in fiiltchlngs. Nothing not truly worthy
Is admitted In our glove stock, of which
FIVE STYLES FOLLOW
Vassar
Best velvety French kid,
full pique seams, and two
pearl clasp wrists. Very
superior dress gloves at...
$2.0
The new and stylish sueda
kid gloves, two clasp
wrists. Colors, black,
gray, sand and tan, at
PAIR.
SI. 50
PAIR.
Two clasp, full pique
sewed, excellent for wear
and perfect fitting. Col
ors, brown, sand, beaver,
violet, tans, oxblood. blue,
green, mode and black....
Two clasp gloves, with
newest stitchings and all
the swell colors. Extra,
good values at
$1.50
PAIR.
$1.25
PAIR.
New Mascot, Best $1.00 Glove Made
LADIES' FANCY HOSIERY-The latest things in
cotton, lisle and silk-plated, for spring wear.
Have a look at them.
OLDS & KING OLDS & KING
LOOK FOR PEW NEW BANKS
IOCAIi DAXICEHS OX EFFECT OF
cunitcvcY hilt..
They Say It Ik Xot Likely to Increase
the Number of llanlcs in
Orcgron.
Iocal bankers do not believe that the
clause In the pending currency bill which
enables any one with sufficient capital to
purchase $25,000 In government 'bonds to
start a national bank wlli result In the
organization of many new banks In Ore
gon and Washington. There being no
banking law in Oregon, nothing prevents
the establishment of a bank on any capi
tal, however small, -nor is there any way
for the depositors of a state bank to find
out what its capital Is. It is not believed
that the character which a federal char
ter will give to a banking institution will
be sufficient to cause owners of private
banks, or others, to embark In the busi
ness under the restriction Imposed by the
government. The announcement In the
press dispatches from New York yesterday
morning that small "banks will spring up
all over the country as soon as the bill
becomes a law, Is credited, but few of
these new banks are looked for in Ore
gon. A number of representatives of local
banks were seen by an Oregonlan reporter
on this subject yesterday, and their view
In the main were identical.
G. E. Wlthlngton. cashier of the First
National Bank, said:
"Rather than result In the establishment
of new banks, I think the bill will tend
to force many national banks now In ex
istence to reduce their capital. Many of
them feel that their business does not
justify the capital Invested, and believe
that they will have Just as many deposi
tors, and transact just as much general
business on the minimum capital, as on
that which they now have. Times are a
little hard with some of them just now,
and they will be glad of an opportunity
to reduce their capital. I think It is ex
tremely unlikely that any new banks will
be organized, and if there are any, each
one will probably result in the retirement
of some other.
R, It. Durham, of the Merchants Na
tional Bank, said he knows of one concern
In Eastern Oregon which Is waiting for
the bill to become a law to organize a
national bank. That Is all, but he would
not be surprised if there are a few others.
"There Is no reason, however," he said,
"why any one who wants to go into the
banking business cannot do so as it Is,
for-there is no banking law in Oregon,
and there Is absolutely no requirement "by
the state as to the amount of capital, or
the conduct of the business. I do not
think, therefore, that there Is any likeli
hood that the new law will encourage any
one to rush Into the business just be
cause he can have the privilege of start
ing a national bank, when he could have
started a state bank any time before with
out having a bank examiner paying him
regular visits to see how he was running
his business.
"Oregon needs a "banking law. It Is al
most the only state that is without one.
In California state banks are subjected
to as rigorous conditions as are national
banks; they are regularly examined and
compelled to make statements at intervals
of their condition. In Oregon there is no
law of the kind, and no means of de
termining the condition of any bank that
has not a national charter."
F. C. Miller, cashier of the United States
National Bank, also emphasized the neces
sity of a state banking law. "There Is
no reason to believe," said he, "that the
privilege of obtaining ; national charter
by the purchase of ?250,000 In bonds will
encourage any one to go Into the banking
business, when he can conduct a private
bank without government or state restric
tions. The holding of government bonds.
of course, enables a bank to draw 2 per
cent on its capital, which Is $500 a year.
From this $500 the tax on the circulation
and expressage on exchange, etc., takes
$100, leaving $100. Now, the question Is, is
this $400 enough of an Inducement tfa cause
a banker to sufomit to government restric
tions, to have a bank examiner question
him about how he runs his business, and
tell him he can do this and cannot do
that? I do not think so. A few banks may
be organized under the new law. In good
times many new banks are organized, any
way, and in hard times many banks go
under. This Is always the case.
"Should a large number of new banks
be organized, I cannot see how It will
affect the general business of the state.
It will be hard for them to gain cus
tomers, as those of the banks already es
tablished will be as little likely to change
their banker as their family doctor. In
both cases they prefer to stick by the
man who has pulled them through tight
place.", bel.evlng that if he has done so
ont.e he enn do so again. It may scatter
the business a little, but it will all come
to tr-: s.'iie tblng. The banks here In
Portland will have many small correspon
dents instead of a few of good size.
"Tiie neeJ of a state banking law in
Oregon Is very manifest. Other states
have them; but Oregon Is yet young, and
will no doubt come to It. Banks which
contain city or county money, public
money of any kind. In fact, should be made
to give some accounting to the public
of the safety of that money. In Kan
sas, which was for a long time without
a state bank law, and overrun with wild
cat banks whose assets consisted of practi
cally worthless real estate, the law. worked
admirably. A fine man was appointed
state bank examiner, and fater half a
dozen years he has the state banks In such
condition that they are every bit as good
as the national banks. Such a law In
Oregon would prove a great benefit, and
1 hope will be taken up by the Legislature
at an early date."
pointed J. Alstead, Alfred NIblln and E.
Gunderson as viewers and assessors of
damages for a crossroad between the
Powell and the Foster roads. The petition
for this road was presented to the county
by A. B. Gates. For another crossroad
further eastward the same action wat
taken. Douglas Taylor, James IIumphre
and W. S. Falling were appointed apprais
ers, and were Instructed to survey the
road March 19.
e
SECOND OREGON NIGHT.
Snnnlsh "War Veterans Address
Young Republicans".
the
The Young Men's Republican Club held
an enthusiastic meeting last night in their
headquarters in the "Worcester Building.
It was In the form of a Second Oregon
rally. The principal speaker of the even
ing was General Summers, who told tho
audience of many personal reminiscences
In the Philippine Islands, especially of
somo of the experiences ho had with Gen
eral Law-ton. He then talked on the pol
icy of our present Government In regard
to tho Islands, which, he said, was in
accordance with his own views. He de
clared that the condition of the Philip
pines Is much better now than under the
Spanish yoke, and gradually they are
finding out that tho United States is
their friend; that it Intends to do good
by them, and they are accepting the pres
ent Government, as they know it to bo
tho best thing for them.
The next speaker was Captain Charles
E. McDonell, who told of some of Die
things done by the Oregon boys In tho
distant islands. His words were equally
anruslng and interesting. In regard to ex
pansion, the Captain said the situation
was thrust upon this country, and it must
accept it, but "where the old flag was
once raised. It should never come down."
Tho music last night was furnished by
tho Oregon quartet, composed of Messrs.
N. H. Alexander, Ed Drake, W. F. Elliott
and M. L. Bowman, all of whom are
members of the club. Twenty-five new
names were added to the membership roll,
whllo the club in general is In a flour
ishing condition.
9
Of Course You Can Always Find
Plenty of
Spring and Summer
Fabrics
From January to September they are
shown but the choicest weaves and
fabrics can be procured best at the
present time only. They are all here
now. It is only a matter of a little
time and a little sunshine, and the best
and prettiest wash goods are gone.
Some of the
Latest Arrivals
25c
35c
35c
Fancy Mercerized striped
Zephyrs, blue and white,
gray and white, pink and
white, black and white,
lavender and white.
Another case of Mercer
ized Foulards, designs and
colorings and finish "Just
like silk."
Embroidered Moussellne
de Sole; Irregular stripes
and rlntr deslcms. In all
Yard, the leading solid colors.
Do-Coilar Style
Graduated Lcathtr Style
Pulley
A manufacturer of fine leather belts
sent us a sample line of his new belts,
desiring to show us Just how fine he
could make them. Only one of a style,
black seal, morocco, monkey, suede and
patent leather. We place them on sale
today. A chance for you to get some
thing unusually choice.
75c to $2.50 each
An Exquisite Collection of-
French Tapestries
In satin stripe
Jardiniere effects and
Oriental designs.
Some in heavy designs and ma
terials others In graceful,
gauzy effects are shown here
today.
FOR PORTIERES
FOR CUSHION COVERS
FOR DRAPERIES
FOR COUCH COVERS
In point of color-shading and gen
eral rich effect, these French Tapes
tries are masterpieces.
Corset News
It Is greatly to your advantage to
learn all you can about Corsets and
now to wear them. Miss Pauline Kepp
Ier, one of America's greatest Corset
experts. Is here now for a few days,
and her services and wealth of corset
information are at your command.
563d Friday
Surprise Sale
TODAY ONLY
Ladies' Dress Shoes
The
London
Trefousse
Kid Glove
Si
0
e
e
Pair J
$2.37
Ladies'
Perrin's Glove
Perrin's $Sj8
Are o n
the iMgmm
Best 1
This Pique Suede has made a host
of friends for itself. It is shown this
time In white beaver, mode, slate,
pearl and black.
tttoei9(ite(etiiiiiet
Christian Science Lecture
"Christian Science, the Religion of Jesus Christ"
BY
Hon. William G. Ewing
OF CHICAGO
Member of the International Board of Lectureship of The First
Church of Christ, Scientist, Boston, Mass.
AT THE
MARQUAM THEATER
Sunday Afternoon, March 11, 1900, at 3 o'Ciock
Admission Free.
You Are Cordially invited.
A PAIR
These shoes are made of the
finest vici kid and In the very
latest style. They have the
newest scroll fronts and flexible
sole, and
Every Pair
Is Guaranteed
to be first class in every respect.
See display In
Fifth-street window
And for the benefit of the many
customers who have been wait
ing we take pleasure In announc
ing the receipt of a complete line
of the various styles of gloves
of this celebrated make. All the
. newest shades are represented.
Other New Goods
Silk Shirt Walstar,
Silk and Moreen Underskirts,
Ladles Tailor Suits,
Ladies' Tnllor Jackets,
A ne-rr line of Golf Capes,
Children's Dresses,
Children's Sailor Suits,
ladles' AVnlkinf? Hats,
Misses' IValkinpr Hats,
New Portieres, Conch Covers
anil Arabian Net Curtains,
New Sprinjr Snltlnprs,
Silk Glngrhnnis and.
Silk Comlaa Cloth.
Men's Wear
New Ties, 25c each
We are showing especially good values
In Band Bows. Batwlng Clubs, Tecks and
Four-In-Hands, at
25c each
Men's Suits
"We are now showing excellent values In
Men's Suits. Among the latest attractions
are Men's All-Wool Tweed Suits, very
swell, at
$12.50, $13.50 and $14-50 a suit
Men's extra Fine Worsted Suits, noth
ing finer in make, material, fit or finish
to be had.
$16.50 to $24 a suit
Spring Overcoats
The "Bradford," swellest Topcoat In th
market.
$13.85 each
Special Safe of
Boys' Washable Suits
Sizes 3 to 10 years,
Blue and
Brown
Striped and
Natural Crash,
43c
52c
a Suit
Same as above In Natural
and Striped Crash, a suit..
Same In Madras Cheviot or CO
Crash Combination; a suit 03C
Boys' Washable
Kiit Suits
New Jine just received.
Sizes 2 to 4 years.
MEIER St FRHNK CO
Natural Shape Men's Shoes
sewed, w. U styles
leather 1 gljj vpJ
TANS AND BLACK.
E. C. Goddard & Co,
OREGONIAN BUILDING
WHEN YOU SEE IT IN OUR AD IT'S SO
u
T
F
I CLOT
E
tein
Two Crossroads.
The County Commissioners
have ap-
For Spring with the very latest touch that tailors can
give them. Ready to put on without a wrinkle. We'll
risk an expert mistaking our $15 worsted suits Alfred
Benjamin make or our $16 fancy Cheviot Suits, of the
celebrated Stein-Bloch make, for tailor-to-measure
goods. They're exclusive, they're new; the swell color
ings of the season. We've got them as plenty as pie at
a fair; $20, $18, $15, $12; maybe we've got as nice as you
want for $10. All prices in dependable goods are rep
resented, but "quality" has been our first consideration.
If you've been wearing
BlOChor
Alfred Benjamin
Clothes you know what they are. If you never have worn
them, open up the Spring season with a trial suit, and
we'll guarantee you never will wear any other kind. We
tell you these things not just to see them in print, but ex
pect you to test the truthfulness of our statements.
Boys' clothes big boys or little
boys; certainly the nicest we've
ever had. The colorings and
styles are so attractive this season.
The very little fellows have the
first chance, so man' with fancy vests and other exclusive touches, confined to this season's
goods. "Crescent" clothes are here in great variety; they're the best-made boys' clothes in the
world. We mean it not only that we guarantee it. There is no risk in buying "Crescent"
clothes, because they must give satisfaction or you get your money back. "Crescent" clothes
for boys from 3 to 16 years.
B
not save money
f pay more
you can
us for I
VVc Carry the Finest Assortment of
Cloaks and
Suits ,n,hewest
All Our Goods Are Man-Tailored.
We buy direct from the manufacturers,
and carry only the most carefully selected
stock. When down town make ft a point
to examine our line; compare our goods
and prices with those of other dealers.
The result will be one of satisfaction to all
SPECIAL SALE ON FURS
when
buy of
ess.'
ill
(J A fi
THE. SILVERFIELD FUR MANUFACTURING CO.
LEADING TOimiEItS OF THE WEST.
283-285 Morrison Street, Portland, Oregon
HIGHEST PRICES PAID FOR RAW FURS
! Willamette Iron k Steel Works I
JAMES LOTAN, Manager. PORTLAND, OREGON
1RONFOUNDERS, MACHINISTS, BOILERMAKERS AND
STEAMBOAT BUILDERS
Designers and builders of Marine Engines and Boilers, Mining and
Dredging Machinery and General Mill and Iron Work, Fire Hydrants,
Pulleys, Shafting, etc. Correspondence solicited.
eo90eoe0eaee9o9ooeeeeeoe0oeceoee
IMPROVING THE HERDS.
5r"0?0s-.
CL
Popular-Price Clothiers
9
H
BEN SELLING, Manager
Influence of Dairy Dullness on 31111c
Stock.
C. II. Markham, general freight and
passenger agent of the Southern Pacific,
has lately returned from a trip to Wood
burn, which he made for the purpose of
learning what had been done toward es
tablishing a creamery there. He found
that the enterprise was well under way,
that the product of 400 cows had been
subscribed, and enough money was In
sight to commence immediately the instal
lation of the necessary plant. The cream
ery Is to be in charge of a practical dairy
man, named Christ, who has the confi
dence of the farmers, and who thinks that
there Is no doubt of its success.
Interest in dairying, Mr. Markham says.
Is on the Increase through the Willamette
Valley, and there is every indication- that
its growth will be steady and rapid. He
believes that It will increase the pros
perity of the localities In which It flour
ishes to a very remarkable degreee. and
that the whole state will be benefited by
It.
Attention, he says, has already been
drawn toward the .value of Introducing
good blood into the herds, and many of
the farmers are contemplating the pur
chase of Jersey stock. Results in but
ler fat show that the Jersey win turn
out more butter on the same amount of
food than any pther breed, and many of
the herds now employed In supplying tho
creameries are already seven-eighths or
fifteen-sixteenths Jersey. As the business
Increases the tendency will be more and
more to Improve the herds, till Oregon
will become famous as a land of fine
cattle.
Corner Third and Oak Streets
m - - P!
The St. Johns Explosion.
A correspondent at St. Johns sends the
following particulars of an explosion
briefly reported yesterday: Henry Knight
had been employed In the match factory
here, and he knew very well the danger
ous character of the chemicals used in this
composition, as he has been making
matches for more than IS months. He
had not been making matches for a few
days, but went Into the building to get
some article he needed, when a can con
taining gunpowder exploded. The con
cussion caused some other chemicals to
explode, resulting In tne serious Injuries
to Mr. Knight and the destruction of the
building.
A milar accident occurred in the match
factory here about three years ago. One
of the employes, a man of practical ex
perience, threw a small quantity of chem
icals In the furnace, little thinking of the
result. It exoloded, tearing the furnace
to pieces. Had a larger quantity been
thrown In no doubt more serious results
would have followed. Mr. Knight is a
quiet, steady, industrious young man, and
he has many friends here, whose sympathy
Is not feigned.
THEIR WORK APPRECIATED
Chamber of Commerce Tlinnkg Ore
Ron Emergency Corps.
The thanks of the Chamber of Com
merce to the Oregon Emergency Corps
and Red Cross Society for the work of
that body in receiving returning volun
teers have been extended In the follow
ing letter:
Portland, March 7. Mrs. F. E. Louns
bury. Secretary Oregon Emergency Corps,
Portland, Or. Dear Madame: The Board
of Trustees of the Portland Chamber of
Commerce begs leave to acknowledge re
ceipt of your esteemed favor of February
27 to General Beebe, enclosing a report
of work accomplished by your organiza
tion for the entertainment of volunteers
returning from the Philippine War to
their various states. This letter and re
port were read at a meeting of the board
held yesterday, and elicited most favor
able comment.
"It was unanimously .voted that the sec
retary acknowledge receipt of same, and
that the best thanks of the Portland
Chamber of Commerce be tendered to tho
ladles of the Oregon Emergency Corps
and Red Cross Society for the efficient
and careful manner In which the return
ing volunteers were received and enter
tained by the ladles of the society:
"And It was further voted that this mo
tion be published In the dally press, and
a written copy of the same be sent to the
ladles of the Oregon Emergency Corps
and Red Cross Society, and tlmt it be em
bodied In the records of this Chamber.
"Assuring you of our highest considera
tion and esteem and thanking you for
efficient and successful services rendered
in behalf of our soldiers, we have the
honor to be. yours, very respectfully.
"The Portland Chamber of Commerce,"
"I. N. FLEISCHNER, Secretary."
Itepnlrlnpr Enprlne Henilqnnrtew,
The assembly-room of Engine Company
No. 7, East Pine and East Third streets.
Is undergoing a thorough overhauling.
The walls and celling have been kalso-
mined and tinted, and a handsome-colored
' stencil pattern encircles tne walls at the
ceiling. The floor has received several
coats of paint. The chairs and furniture
i have been thoroughly revarnished. When
i these repairs have been completed tho
hall will have an attractive appearance.
New lace curtains have already been hung
at the windows, and a large mat will be
placed in the center of the room whera
the center-table will standi This is tho
I first time that the quarters of Engino
j Company No. 7 have been repaired since
the building has been used by the firemen.
When all has been completed the firemen
will Invite In their friends to see what
has been accomplished. The work is
being done by the firemen.
"Two jewels time and good advice."
Two boon companions. Hood's Sarsapa
rllla and pure blood,