Morning Oregonian. (Portland, Or.) 1861-1937, October 29, 1907, Page 2, Image 2

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    THE MORNING OREGONIAN. TUESDAY. OCTOBER 29, 1907.
FAILS
KAWSAS CITY
Trouble Was Expected, and
Does Not Affect General
Situation.
NO RUN ON OTHER BANKS
feeling Throughout Southwest gen
erally Good Oklahoma Banks
Close, but Those Closed In Ne
vada Are Again Open.
KANSAS CITY. Oct 28. Outside of the
failure of the Bankers Trust Company,
with deposits of JSOO.OOO there was no
real trouble here today. This bank was
considered the weakest Institution of Its
kind here and its failure neither caused
much surprise nor had any apparent ef
fect on the general situation.
The Bankers' Trust Company closed
at 10:16 this morning. Cashier J. C.
Hughes said that they had decided to
close temporarily because the Clearing
House Association had refused to extend
to them the privileges granted the 90
other leading banks here of Issuing clearing-house
certificates.
The Bankers' Trust Company was or
ganized last year, and had a capital of
500.000 and a surplus of J14.000. It took
over the business of the City National
Bank, which failed In July, 1905. The
Bankers' Trust Company was not a mem
ber of the clearing-house, and while no
run was experienced at this bank at
the opening of business this morning, it
was decided that a temporary suspension
was necessary to protect depositors and
stockholders. Cashier Hughes said that
the bank had ample assets to meet all
liabilities. Its foreign correspondents are
the Oriental Bank of New York and the
Prairie National Bank of Chicago.
There was no appearance of anything
like a, run at any of the other local
banks.
' Members of the Clearing-House' Asso
ciation today advised their correspond
ents in the Southwest by telephone to
restrict payments to depositors to a
small amount, until' the financial flurry
had passed and the indications were that
this advice was generally being accepted.
The Bankers' Trust Company had
asked aid of the clearing- house, but It
was declined because of the class of
collateral offered.
James F. Downing, of the Clearlng
House Association, said that no other
banking Institution here had requested
aid. and he believes them in a safe con
dition. The Bankers' Trust Company was
taken in charge by W. C. Irwin, who had'
been sent here by Secretary of State
Bwanger. The bank closed upon the ad
vice of Mr. Irwin and it will liquidate.
He said the concern had been planning
for several weeks to liquidate and under
ordinary conditions would have been able
to do so.
BANKS OP OKLAHOMA CLOSE
Governor Proclaims Holiday to Pro
tect Them Against Run.
OKLAHOMA CITY, Okla., Oct. 28. On
demand of the bankers of the territory,
Acting Governor Fllson Issued a proclama
tion closing the banks of the territory
for a week. The action was taken be
cause the banks of Kansas City and St.
Louis refused to forward cash to the
banks of the Southwest. It is said that
a consultation of the bankers of Okla
homa, Indian Territory, Arkansas and
Northern Texas by means of telephone
took place during the early hours this
morning, and all have taken a similar
action. There had been no uneasiness
In this city, and the bankers say the de
posits last week were greater than any
previous week in the month.
The closing is for the purpose of pro
tecting the banks In case of a run. Since
the banks here could not get cash from
Kansas City in case of a run, they con
sidered the risk too great.
The banks of this city are carrying
many of the small banks over this terri
tory. They have arranged to Issue clearing
house certificates to carry them until
conditions have improved.
The banks of the Southwest are fur
ther embarrassed because of the de
mand for cash to move the cotton crop.
It was necessary to get cash from
the Eaet to meet the demands. The
refusal of these banks to forward cash
caused the banks to take radical steps
to protect themselves.
The proclamation declares that as all
of the leading cities of the United States,
through the Clearing-House Associations,
have entered Into an agreement to pro
tect themselves by refusing to ship cur
rency to country banks which have de
posits with them or to honor the bills
of lading drawn upon such banks. It is
Impossible for the banks of Oklahoma to
meet the demands upon them for cur
rency to pay for the cotton and other
products of the territory. As the banks
appear to be in a solvent condition, a
legal holiday, extending from October 2S
six days to November 2, Is proclaimed.
NEVADA IS BECOMING QUIET
Deposits Amount to More Than the
Withdrawals Banks Will Open.
TOOPAH, Nev.. Oct. 28. There Is
no excitement in Tonopah today. The
Tonopah Banking Corporation. or
TVlngfleld and Nixon Bank, has de
posits exceeding four times the with
drawals at 11 A. M. The Nevada First
National Bank has $20,000 deposits in
excess of the withdrawals.
Frank Golden, head of the Nye and
Ormsby County Bank, is expected here
tonight; when the matter of resump
tion of that Institution will be taken
up. Cashier Cuahman, of the State
Bank and Trust Company says that
advices from the headquarters of that
bank in Carson City led him to be
lieve that the bank will resume in a
short time. The people seem satisfied
with existing conditions.
HAS MILLION IN GOLD COIN
Depositors Reassured by This Sight;
and There Is No Run.
GOLDFIELD, Nev., Oct. 28. John S.
Cook & Co.'s bank reopened for busi
ness at 9 o'clock this morning with
$1,000,000 in gold coin stacked in three
piles on its counters. The great heaps
of gold attracted a throng of people,
but there was no semblance of a run
on the bank.
The depositors were there In force,
however, four tellers being kept busy
receiving deposits, wfille bne teller at
tended to the demands of those who
came to withdraw deposits or check
against them, and lie was not very
busy.
The State Bank & Trust Company
E
R A 1-J K
remains closed, as also does the Nye
and Ormsby County Bank, the latter
Institution taking advantage of the
Governor's proclamation extending the
bank holiday until and including No
vember 4. The application for a re
ceiver for the State Bank & Trust
Company is being heard by Judge Lan-
gan.
KANSAS BANKS DO NOT PAX
Decline to Give Depositors Cash, but
Remain Open.
ARKANSAS CITY, Kan., Oct. 28. All
Arkansas City banks and many banks m
other neighboring towns in Southern Kan
sas declined to pay out currency to their
had closed this morning. After a brief
period of excitement, the depositors gen
erally accepted the explanation that the
action was for mutual protection and
would only be temporary.
Reno Banks Pay All Calls.
RENO, Nev., Oct. 28. Every bank in
Reno opened for business this morning,
During the last 48 hours confidence had
returned to the people, and the beilel
that there would be nothing which
could be called a run proved to be
correct this morning. A few depositors
gathered at each institution, and all
were paid their demands promptly. Uq
usually heavy deposits were made to
day.
Denver Banks on Good Basis.
DENVER, Oct. 28 John C. Mitchell,
secretary of the Clearinghouse Associa
tion, said today that all the trust com
pacles and banks of Denver were on a
conservative basis, and he anticipated
no hardship would result from the new
order.-
NEW YORK PAST WORST
(Continued From Page 1.)
of natural products, but the bankers,
after long and careful deliberation, de
cided that the prudent course would be
to adopt the plan which is so widely
adopted in other states. -
Stocks Rising in London.
LONDON, Oct 28. The confidence felt
here in the general soundness" of the
financial situation In the United States
was further evidenced at the opening of
the Stock Exchange this morning, when
American railroads were pushed up two
to three points over parity, a fair amount
of business being transacted. The cer
tainty of a drain of gold from here to
New York, however, affected the con
sols and other gilt-edge securities. Dis
counts remained firm and the fears of
dear money prompted the selling of con
sols, which early in the day declined
6-16. In some quarters it was thought
that the Bank of England's rate of dis
count might be raised today, but the ab
sence of an advance at noon caused a
recovery of H. New York buying in the
afternoon caused a recovery from an
early easing of prices, and the market
closed firm at the best quotations of the
day. Copper shares ruled strong on a
sudden increase of over $15 per ton in
the price of the metal.
San Francisco Protects Her Banks.
SAN FRANCISCO, Oct. 28. At a
meeting of the San Francisco Clearing
house Association tonight It was de
cided to issue Clearing-house certifi
cates, following the methods adopted
In many Eastern business centers. Lo
cal banking conditions were reported
sound and satisfactory The Clearing
house certificate plan, it was declared,
was adopted mainly to prevent hoard
ing and to protect the credit struc.
tures of the West, on account of the
demands growing out of Eastern con
ditions. ' . ' V - '
Pittsburg Exchange Still Closed.
PITTSBURG, Oct. 28. It was decided
not to open the stock exchange at a
meeting of the board of directors this
morning. Just when the exchange will
resume transactions Is not known. An
other meeting of the directors will be
held tomorrow morning. It Is the belief
in some quarters that the exchange will
remain closed throughout the week.
Aside from the suspension of the ex
change, there is nothing worthy of men
tion In the local financial situation.
Detroit to Issue Certificates.
DETROIT, Mich., Oct. 28. The Detroit
Clearing-House Association today decided
upon the issue of clearing-house certifi
cates beginning tomorrow.
This action was followed tonight by a
meeting of representatives of 12 savings
banks of the city at whleh It was decided
to take advantage of the legal 90 days'
notice that can be required before the
withdrawal of deposits.
Boston to Issue Certificates.
BOSTON, Oct. 28. The Boston Clearing-
House Association today decided to Issue
clearing-house loan certificates bearing
interest at 7.3 per cent. The high rate of
interest is for the purpose of retiring,the
certificates at the earliest possible date.
The New York rate is 8 per cent. The
loan committee of the clearing-house will
pas upon collateral and approve the Issue
of the certificates at 75 per cent of the
market value of- the securities.
Duluth Stops Grain Trading.
DULUTH, Minn., Oct. 28. Trading in
grain was suspended on the Duluth Board
of Trade this morning owing the
money conditions. No sales were made in
either cash grain or the options this
morning, although the trading-room was
open and the members on the floor. Busi
ness will not be resumed until conditions
Improve, and the country elevators are
being advised not to buy grain.
Buys Bar Gold in London.
LONDON, Oct. 28. The United States
secured all the bar gold offered today in
the market, totaling nearly $5,000,000.
The price paid was $19.60. This is 314
cents higher than previous quotations, in
dicating the keenness of the competition.
Both Paris and London bid against the
United States.
Normal Condition at Providence.
PROVIDENCE, R. I.. Oct. 28. The
banking conditions had a normal appear
ance today. At the beginning of business
there was no evidence that any of the
savings institutions would be subjected
to an unusual number of withdrawals.
Confidence Being Restored.
WASHINGTON. Oct. 28. Secretary
Cortelyou stated today that he had re
ceived very reassuring reports from New
York, Chicago and other points that con
fidence was being restored.
Certificates for Baltimore.
BALTIMORE. Oct 28. The Balti-
more Clearing-House Association today
decided to issue clearing-house certifi
cates. Chicago Opens Branch Offices.
CHICAGO, Oct' 28. The Western Union
Telegraph Company today for the first
time since the strike of telegraph opera
tors reopened a number of branch offices
In this city. Within the last two days
2 Soperators have returned to work In this
city and 26 in St Louis.
Fll styles Hanan snoea at Rosenthal's.
Seventh and Washington
Red Cross shoes for women. Rosenthal's,
II IIS
CLOSE' FIVE DAYS
(Continued From Pass 1.)
range affairs this week so that they
will be ready for business next Monday.
The men who came to Salem on the
special train tonight were W. M. Ladd,
of Ladd & Tilton; Ralph W. Hoyt,
cashier of the Merchants National
Bank; A. L. Mills, president of the First
National; J. C. Ainsworth, president of
the United States National; W. M. Mac
Rae, manager of the Bank of Cali
fornia; John A. Keating, vlce-preeldent
and cashier of the Bankers & Lumber
men's Bank; and C. F. Adams, presi
dent of the Security Savings & Trust
Company.
The only outside banker present was
John H. Albert president of the Capital
National Bank, of Salem, he having
been called in by the Portland bankers.
Governor Chamberlain tried to oom-
municate with A. Bush, of Ladd & Bush
but owing to the lateness of the hour,
was unable to do so.
Salem Banks May Open. v
Mr. Albert said that so far as Salem
banks are concerned there is absolutely
no occasion for proclaiming a holiday. He
added that so far as his own Interests are
concerned his bank will open as usual to
morrow and if he closes It will be because
the closing of Portland banks makes it
inconvenient to transact business. He
will confer with Mr. Bush early In the
morning, and then It will be determined
whether Salem banks will close during
the week.
It is understood that the Portland
bankers this evening sent telegrams to all
banks In the state notifying them of the
Issuance of the proclamation. The pur
pose Is to prevent calls for money from
country banks. Induce them to close for
the week and bring them together In an
arrangement that will satisfy demands
before next Monday. That Portland
banks are solvent and in fact were never
In better condition than they are today,
was asserted by the bankers who waited
upon the Governor tonight.
Governor Chamberlain at first doubt
ed the wisdom of the action requested
by the Portland bankers, but when the
situation regarding the locking up of
funds in the East was explained and
the necessity of checking any strin
gency which might arise as a result of
this in the West, Mr. Chamberlain read
ily complied..
STRAIN WILL NOT LAST LONG
Bankers Expect Return of Normal
Conditions in SO or 40 Days. '
Two meetings of the Portland Clearing-
House Association were held yesterday,
the first at the lunch hour, when advices
received from Eastern correspondents
that currency will not be shipped on
credit balances honored except in clear-
mg-nouse certincates were discussed,
Each bank had been sent telegrams of
which the following Is a fair sample:
Bt. Louis. Oct. 28 In harmony wltb
action of New York and Chicago, the St.
Louis - clearing-house will, commencing Mon
day, October 28, Issue clearing-house certifi
cates. All 'checks on St. Louis banks and
trust companies will - be payable . only
through clearing-house. We therefore beg
to advise that shipments of currency will be
aiacontinnea for the present.
UliKCANTlLE TRUST COMPANY.
Run on. Banks "Was Feared.
This cut off the Portland banks from
realizing on their funds in Eastern depos
itories, together with all other Coast In
stitutions, for the same action Is being
taken all over the country. With the
conditions of unrest prevailing in the
East, it was considered likely that runs
would be started on the local banks,-
while at the same time a very large part
of their assets, usually the most easily
realized, would be tied up In the East
How best to avoid this unpleasant condi
tion was the problem that confronted the
bankers.
A. L. Mills, president of the First Na
tional Bank; J. C. Ainsworth, president
of the United States - National, and W.
M. Ladd, president of the Ladd & Tilton
Bank, were appointed a committee on
resolutions to devise some action to pro
pose at a later meeting of the bank
ers. The' second meeting was at 4 o'clock
yesterday afternoon. Meanwhile tele
grams were received from Seattle and
Spokane, asking what action the Port
land Clearing-House proposed to take in
view of the locking up of Eastern de
posits. This session was an extended
one, the bankers talking the situation
ver for two hours. The proposition of a
legal holiday until Monday, when It Is
believed conditions will be much im
proved, was submitted in a resolution by
the committee named earlier In the day.
Go to Salem by Special Train. .
The bankers telephoned to Governor
Chamberlain, at Salem, asking him to
declare a legal holiday for five days.-
The Governor replied he would like to
talk the situation over with the bankers
personally and they agreed to come to
Salem and hold a conference with him.
The committee then called on General
Manager O'Brien ofthe Harrlman lines
In this territory, who placed his private
ear. "Oregon," at the disposal of the
bankers, furnishing them with a locomo
tive and the following clearing-house
committee left for Salem on the. special
train thus supplied: A. L. Mills, presi
dent of the First National Bank; J. C.
Ainsworth, president of the United States
National Bank; W.M. Ladd. senior member
of Ladd & Tilton, J. A. Keating, vice-president
and cashier of the Bankers' & Lum
bermen's Bank; Ralph W. Hoyt cashier
of the Merchants' National Bank; C. F.
Adams, president of the Security Savings
& Trust Company, and William A. Mac-
Rae, manager of the Bank of California.
The special left Portland about 8 o'clock
last night, returning to Portland, shortly
after midnight Although the Portland
Trust Company is not a member of the
Catarrh
Is a constitutional disease
originating in impure blood
and requiring constitutional
treatment acting through
and purifying the blood for
its radical and permanent
cure. Be sure to take
Hood's Sarsaparilla
Nasal and other local forms of catarrh
re quickly relieved by Catarrlets,
which allay inflammation and deodorize
discharge.
Hood's Sarsaparilla, all druggists, $1.
Catarrlets, mail order only, 50 cts.
For testimonials of remarkable cures
end for our Book on Catarrh, No. 4.
C L Hood Co., Lowell, Mass.
clearing-house. It stood firmly with the !
other banks and signed the petition to the
Governor that the committee on the spe- i
cial train carried. Portland bankers were j
advised by- telephone last night about 10 i
o clock that Governor Chamberlain had
granted the petition and would issue a
proclamation declaring the next five days
a bank holiday throughout the state.
. Think Week Will End Trouble.
Portland bankers do not anticipate that
the difficulty will last- longer than the
week out. As Eastern banks which owe
the Portland banks will not pay, except
In clearing-house certificates, which are
of no use here, Portland and other banks
which have large deposits In the Eastern
banks were bound to be affected. Clearing-house
certificates are emergency
money, which never go outside their own
city. This money never travels and Its
substitution In place of real money cuts
the Pacific Coast off from a very large
source" of cash supply.
Benjamin L Cohen,' president of the
Portland Trust Company, thinks the crisis
will soon he passed. He said:
"I think the present condition will be
very short and sharp. In --SO or 35 days
the strain will be practically over and
possibly in the next 10 days there will be
a marked amelioration. There Is between
$40,000,000 and 150,000,000 in new money
from the outside that will come to the
people of Oregon, Washington and Idaho
from timber and the year's crops within
the next few months. This means that
this huge amount of money will be dis
tributed among a smaller population than
In the city of New York.
Gold Coming From Abroad.
"The first gold shipments from Eng
land, of which $15,000,000 has been engaged
already, will reach New York In five
days. The opinion in the East Is that
money will ease up considerably by the
first of the year. Knowing the whole of
the country Is prosperous. In my opinion
we are going through a temporary finan
cial desert but we shall emerge in better
condition very soon."
J. Frank Watson, president of the
Merchants' National Bank, holds the
same hopeful view. He said last night:
"Had it not been for the locking up
of our funds in the East there would
have been no trouble at all. Our banks
are safeguarded on all sides and are in
very good shape. I think in five days the
atmosphere will be cleared and we can
go ahead. The storm came quick; I
think It will pass Just as quickly. We
have plenty of wealth all over the coun
try but not enough circulating medium to
handle the business.
PRESIDENT IS DISPLEASED
NOTIFIES BOURNE TO STOP HIS
PROPAGANDA.
Says He Will Be Better Pleased With
His Friendship if He Stops Boom
ing the Third-Term Idea.
WASHINGTON, Oct 28. (Special.) An
Interesting development of the day at the
White House will make third-term boom
ers a little cautious. -
There is excellent authority for the
statement that the President has In
formed Senator Bourne that his persis
tent third term propaganda is not receiv
ing hearty Indorsement at the White
House.
Senator Bourne has been a frequent
caller at the White House and on leav
ing has always given out an Interview
reiterating In one form or another his
opinion that the President must be nomi
nated whether he gives his consent or
not.
The President has gone so far as to in
form Senatqr Bourne that he will be bet
ter pleased with his friendship if he will
discontinue his propaganda.
THE DAY'S DEATH RECORD
Nate Roff, Nevada State Auditor.
RENO, Nev.. Oct 28. Nate Roff, State
Auditor of Nevada, supreme representa
tive of the Knights of Pythias and a
prominent man in Nevada, died last night
at his home as the result of internal In
juries received in a runaway accident ten
days ago.
Lucius T. Noyes, Texas Templar.
HOUSTON, Tex.. Oct 28. Lucius T.
Noyes, aged 26, past grand commander
of the Knights Templars of Texas, and
eminent commander of Ruthven Com
mandery. In this city, died last night He
was born In Connecticut
John Barrett, Newspaperman.
SAN FRANCISCO, Oct 28. John
Barrett, news editor of the Examiner,
died of apoplexy this afternoon. He
was walking on Van Ness avenue when
stricken.
Byes fitted to glasses, tU at Metzgefs.
Metzer suves you money on watch bk
TEA
Moneyback means that the
tea is good and well worth
the money. - "'
Can't mean anything else.
Your rrocer returns your money If too
don't like SchllUng'a Buti we par him.
Arrow
A SIZE COLLAR
m
Made of Clupeco Shrunk Fabrics I
L ? ise eacnt a lor zsc
S.3 OLOrTT, PrjtBODT OO.. MKfM
IkdiffDsBBSBBBHBOBBHHflBflBIBHnttSIB
New Umbrellas Just
Received
And they are entirely different from other lines, in style and in work
manship, representing the very highest skill. The shapes of handles are
stunning and will please the most particular. Prices are also inviting.
Corner Third and Washington Streets H
Manufacturing Jswelers Opticians Diamond Importers
The Sale of Silks Has Set the
TOWN-A-TALKING
Reduced prices prevail. This tremendous sale comprises the best sorts of choicest
plaids, stripes and figured or dotted effects. Detailed descriptions follow:
Fancy Silks In novelty designs
and checks, with Persian
stripes; shadow effects; Iri
descent plaids and Tartan
Clan stripes, in taffeta or
lonisine weaves; regular $1.00
grades, sale 7Qr
price
'Splendid novelties in Crepe de
Chines, which come in Dresden
designs with overplaid or stripe
effects, etc., for gowns, waists and
, DuBarry 6carf s, $1.50 01 yf
values, sale price P
Carving Sets Very Low Priced
Just the season when these useful articles are so much in demand. Prepare
now for Thanksgiving by supplying yourself with a first-class carving set.
Nothing, moreover, could make a better or more appropriate gift. Three-piece
sets, with pearl handles, at greatly reduced prices;
Sets regularly worth $9.50, special price for today .$7.65
Sets regular price $12.00; very pretty styles; special ... . $9.75
Sets, regular $15.00 values; good quality; special $12.25
CARVING SETS
Stag Handles, Three Pieces.
Kegular $3.00 values, special. ........$2.39
.Regular $4.00 values, special $3.35
Regular $5.00 values, special ..$3.95
Regular $7.00 values, special. ....... .$5.65
Regular $8.00 values, special $6.50
HANDSOME IMPORTED HATS $37.50
THIS INCLUDES THE ELABORATE CREATIONS WORTH TO
$125.00 EACH. HATS WORTH TO $67.50 NOW ONLY $22.50
Buy Curtains and Bedding Now
Many a housekeeper is renewing her
Curtains before the holidays. Let us
show you how to do this in an econom
ical way. We are closing out the small
lots of all odd lines; everything reduced
to five pairs or less is in this sale. Not
tingham Curtains of the newest patterns,
also Cable Net, imitation Irish Point,
Brussels Net and many others. We quote
a few examples.
$4.50 grades re
duced .to $3.35
$4.00 grades re
duced to j2. OS
$3.50 grades re
duced to $2.65
$3.00 grades re
duced to ..$2.25
Buy Supplies the Hallowe'en Party
Make this store your shopping place for the many novelties so essential to Hal
lowe'en night. We have them all, the useful and the ' ornamental; favors,
score, tally and place cards; Jack o 'Lanterns, masks, pumpkins, candles, etc.
WEDDING
AND VISITING CARDS
W.G.SMITH 6 CO.
WASHINGTON BUILD INQ.
FOURTH AND WASHINGTON
New Silks in combination checks
and plaids ; two-tone Pekin stripes
and many other new patterns;
regular $1.25 values, sale
Silks in stylish Tartan plaids,
Roman stripes, etc., in mes-
saline or taffeta weaves
$1.25 values, sale
price
S8c
Silks in choice plaids, Pekin stripes
and Dresden effects, in the best
and latest colorings; worth $1.50
a yard ; sale , $1 1 9
CARVING SETS.
White Handles, Three Pieces.
Regular $2.75 values, special $2.25
Regular $3.90 values, special $3.15
Regular $4.75 values, special $3.85
Regular $6.00 values, special $4.25
Regular $7.50 values, special $6.15
$2.75 grades re
duced to $2.10
$2.50 grades re
duced to $1.90
$1.75 grades re
duced to $1.30
$1.50 grades . re
duced to $1.10
White Wool Blankets,
with striped borders.
$3.50 to $20.00
Gray Wool Blank ets,
$3.25 to $10.00
Plaid and Fancy Wool
Blankets, $6.00
to $37.00
G. P. RUMMELIN & SONS
126 Second Street, Between Wash
ington and Alder
We are showing new effects in
E
Stol
rmme
es
Ermine Neckwear
Ermine Muff s
Russian Sable Scarfs, Mink
Stoles, White Fox Scarfs, Etc.
Alaska Sealskin Goats made
in the newest designs
Russian Pony Goats, Per
sian Lamb Goats, Etc.
Send for Oar New Fall Catalogue
Bend, Or. A telephone line will be built
In the Blue Mountain National Foreat
from Big Summit Prairie . to Davilla, a
distance of 100 mllw.
French novelty Dresden lonls
lnes, in soft, lustrous pastel
shades; a material and color
combination that makes this
particularly adapted for af
ternoon and reception gowns;
regularly worth j on
$1.75; sale price. px.Oi
Novelties of .the highest grades in
a variety of weaves ; choicest fab
rics for this season's wear; all the
regular $2.00 values, d 1 ? Q
sale price pl.J&
It's the season for increasing your bed
covering. Before doing this, see the un
usual reductions we are showing on the
4th floor. A vast assortment of Blan
kets, Pillows, Comforters, etc., marked
at exceptionally low prices. Blankets of
the largest size, all strictly pure wool
and heavy weight. Notice this list for
three points, high quality, large size and
a small cost.
Feather Pillows, 5 and 6
pound weights, at, the
pair, $1.25 to.. $9.50
Warm Comforters, $1.25
to $2.25
Downaline Comfort
ers $3.75
Established 1870.
Bend, Or. It hai been found Impractic
able to operate the traction freight train
over duaty roads. Another) trial will be
made after the rain et lai