TIIE 3IORXTXG OREGOXlANY THURSDAY, JANUARY 9, 1908.
ACHIEVEMENTS OP
YEARAREREV1EWED
NEWLY-ELECTED-OFFICERS OF PORTLAND CHAMBER OF COMMERCE
"Open AH the Time
ft
ABSOLUTE
Chamber of Commerce Offi
cials Report Progress at
Annual Meeting.
Chamber of Commerce Com
mittee Reports Accomplish
ments of the Past Year.
OFFERED
DEPOSITORS
GOOD WORK IN ALL LINES
RELIEF GIVEN SKIPPERS
lO
WORK IN AID OF
TRANSPORTATION
Commercial and Industrial Interests
of City Actively Promoted Dur
ing 190 7 Great Growth
in Shipping - Trade.
REFORMS AIDED BY
IX 190?.'
t'reation ot the State Railroad Com-
t mi -felon.
J Assurance from Mr. Herriman that
I a railroad will, be built Into Central
Oregon In time.
t Eiaetmcnt of faw providing .for unl-
I form fire Insurance policy.
Creation of Port of Columbia, which
ha been declared unconstitutional, but "
In before Supreme Court" on appllca-
t!on for rehearing.
Increased appropriation for the bene-
fit of the bhfpplng tfrom thl port.
I AslMlns to .secure, appropriation
from Congress of $:,,500.CO0 for . lm-
f provement of rivers and harbor In
J thla state.
I Distribution of 60,000 pamphlets ad-
t vtrtlsing Orearn In the East. .
Many of the Important achievements of
the Portland Chamber of Commerce for
the year 1907 were enumerated in the
report read by S. G. Reed, the retiring
president of the organization, at its an
nual bamquet last night". Other reports
were presented by Secretary E. C. Gilt
ner and the committees on navigation,
transportation and. grain standard. In
thfse reports a- continuous story of
activity was related of the Chamber,
which has a. membership of nearly 9C0;
dealing1 with its efforts further to pro
mote the industrial and commercial in
terests of this'eity. The report of Secre
tary GUtner showed disbursements, for
the year amounting to $17,604, with cash
on baud aggregating $1619.73.
The report of the retiring president, Mr.
Reed. In part was as follows:
The promise of a substantial Increase in
commercial activities for the year Just
closed, as compared wtlh the name period
of nine, has been fulfilled. The financial
disturbance of the latter portion of the
year has resulted in no extensive perma
nent Injury, and I think we. may say for
our section of the United States that signs
already apparent point to. a continuation
of the trade expansion we have enjoyed for
the past few yetr. The sentiment Is gen
eral that the .brief checfe in business growth
Is a warning to be heeded, lest through
overconfldence we shall be led after a
peYlod of expansion to a -disaster that will
take years to outsrow.
Work for Legislation
T call your attention generally to the bills'
enacted by the Legislature which were
drawn up and presented by pub-committees.
The railway commission bl't was Dassd
Yy I he Legislature an a result of the
efforts of the transportation committee.
It is already proving very effective for the
- Interests of shipping and cannot fall to
be of great value to both the State and the
transportation companies,
, The uniform Are Insurance policy bill,
framed 'by a special committee appointed
by the trustees, provides that "On and after
October 1. 1iH7. all Ore Insurance poHciej
Issued in this state shall be uniform and
In accordance with the New York standard
form." The necessity for such a law was
made . apparent during Ihe period of ad
justment of losses with the Are Insurance
companies after the San Francisco Are. and
the enactment of the law In this State will
effectively prevent the Insertion of clauses
Intended to benefit the Insurance com
panies without the knowledge of th policy-holder.
The Port of Columbia bill orovldes for
incorporating into a district of the coun
ties of Clatsop, Columbia and Multnomah,
with the purpose of placing the tug and
pilotage service at the mouth of the Co
lumbia River In the hands of a commission
to be appointed from these counties. The
bill was prepared by the rivers, -harbors
and navigation committee, and was passed
by the -Legislature, but met with very seri
ous opppsition from the people of one of
the counties, and a friendly suit. was
brought in the Supreme Court to test Its
constitutionality. The decision waa ad
verse, but the bill Is still before the court
on a petition for rehearing.
The rivers, harbors and 'navigation com
mittee will report In detail, through Its
chairman, the important work accomplished
for the benefit of the shipping of this port. 1
We believe that too much cannot be said, 1
or done, to bring to the attention of Con
gress the Increasing importance of our for
eign and coastwise trad with a view of
an increase in the- appropriations for the
work of Improving the conditions al the
mouth of the Columbia, and for the open
ing of both the Willamette and Columbia
Rivera to navigation.
Publicity for State.
In June an edition of" 50.000 copies of
the book on Oregon was received from the
press and waa distributed in reply to in
quiries, and through various railway adver
tising agents, to all parts of the world.
Kxeepting a few copies -held by the secre
t ary to be used in connection with corre
spondence, .the edition is already exhausted.
The volume of inquiries for information is
constantly Increasing and attention to these
has been a very important part of the work
of the secretary and his assistants.
In closing my report, I wish to acknowl
edge the obligation of this body to thi
Senators and Representatives at Washing
ton for their never-failing interest and
prompt attention to all matters referred
to them.
My on thanks are extended to t,ho board
of trustees for support and co-operation; to
the various committees for the successful
work they have performed: to the secretary
and his assistants for their services in at
tending to all matters efficiently and with
discretion.
In submitting the report of the com
mittee on navigation, Chairman "YV. B.
Ayer called attention to the equalization
of the differential which had existed for
many years on wheat cargoes In. favor of
Vuget Sound. This wrk was begun by
the committee in 19U6 and much of the
credit for the successful termination of
the negotiations waa acknowledged to K.
V. Wright, who attended a conference
of the Foreign Ship Owners Association
as the representative of the Chamber.
Wheat Shipments Compared.
It was pointed out in the report that
during the season of "i903-4i the year be
fore the 30 cents a ton differential was
levied against this port, Portland handled
per cent and Puget Sound ports 34
per cent of the business to ports- after-
wards affected by the differential. In
1904-5. the nrst season following the im
position of the differential, Portland's
percentage shrank to 57, that of Puget
Sound points tacreasiug to 43 per cent.
The following year Portland dropped to
36. Puget Sound points reaching the high
record of 4 per cent. In 1906 a good crop
in the Portland territory and a short crop
in 'the Puget Sound territory enabled
Portland to overcome the effect of the
differential and the business was equally
divided between the two ports.
"The shipments for the current sea
son." says tho report, "Including the fleet
row loading and to clear this month.
CHAMBER
Com-
Iipiiiiiir jM? m mAmm whom )i
7yjrrf - ; tfwrs-' -
' p
show Portland to have handled 54 per
ceint of the business which was formely
subject to -the differential, with excellent
prospects, for thru percentage being in
creased before the close of the.season.
"The grain fleet in Portland harbor
during . the -closing days of 1907 was the
largest on record, the aggregate carrying
capacity of the' ships in port December
28th, 1907, being more than 150.000 tons. ,
Big; Gain in Flour.
"While flour shipments are not directly
affected by the differential on wheat, it
is interesting to note that for six months
ending t)ecember 31 Portland showed' a
gain of 50 per cent over the correspond
ing period in 1906, while for the, same
period there was a decrease of 20 per
cent in the Puget Sound shipments
compared with those for' a similar period
In the preceding season." '
After reviewing the history of the Port
of. Columbia legislation, which has been
declared unconstitutional, the committee
recommended the enlargement of the
powers of the Port of FrtlanB in the
following language:
We' would suggest that it might prove
wipo to enlarge . the power of the Port of
Portland .Commission by an Initiative peti
tion and submit to the. voters of Multno
mah County at the election, next June, em
powering thm to purchase tugs and tow
boats and thus operate a .towage system,
not confined to the bar. as was the case
with the Port- of Columbia, but extending
from the sea to the head of navigation on
the Colombia and Willamette Rivers. This
would leave the pilotage service in separate
hands, but it. Is possible .that at some time
the personnel of tho pilotage board may
be sucb that it would work harmoniously
with the Port of Portland to the Interest
of all the commerce that goes over the bar.
LINCOLN DINNER PLANNED
tnlon Republican Club Will Give
Banquet February 12..
The "Union Republican Club will give
a Lincoln banquet FeDruary 12, which
is Lincoln's birthday. The affair will
be held at the Commercial Club, and
promises to be a very pleasant occa
sion. Prominent speakers will be on
hand from many parts of the state. The
list is not ye.t complete, but Judge
Georgre H. Williams and D. Soils Cohen
are among those who will be invited
to speak.
It is planned to make the banquet
an enthusiastic rally for all Republic
cans in this section of the state. Plates
for the banquet will cot ?1. The
time and place for the dinner was de
cided last night by the executive com
mittee of the club. John -Gill, presi
dent of the Union Republican Club,
was made the head of the committer
on arrangements. Other members of
the ccfmmittee are'F. E. Beach and W.
M. Davis.
The Union Republican. Club plans a
smoker for the night of January 17,
to be held In the A. O. U. W. Hail in
the Selling-Hirsch building. . It is the
intention- to hold these smokers once
each month, to bring the members of
the club together and arouse their .en
thusiasm in the political work under
taken by' the organization. The club
has. displayed a great deal of energy
in politic since it. was formed about
a month ago, by " the union of the
Portland and Beaver Republican Clubs.
DELIGHTS MUSIC - LOVERS
The display of Grands .and Baby
Grands now being made in the win
dows' of Eilers Piano House, and the
exhibit in the salesrooms and Grand Pi
ano Parlors of the firm, have attracted
widespread attention. Not only has the
attention of music-lovers been cen
tered in the display, but numerous sales
have been made during the past week.
The special prices now In force cer
tainly prove an incentive to buying at
this time. It is unquestionably the
most favorable opportunity for anyone
who has a desire to own a Grand piano.
and with such a magnificent assortment
of world-famous makes to choose
from as are. Included in the sale, it is
possible to select o exceptional ad
vantage. As you pass the corner of
Park and Washington streets., notice
the window "display, which includes
nearly a dozen of the costliest instru
ments, valued in the aggregate at
nearly $10,000.
Arizona Copper.'
A careful study of Choenstone,. the new
copper mining district of Arizona, by
Rufus Steele, appears in January'Sunset
Magazine. It is well pictured and tells
all about this fast developing region. For
sale by alt newsdealers. '
HAKF PRICK K18ES CALENDARS.
10c up while they last. 248 Alder.
) J ; fcO ;; 1 V J
Mil
Annual Meeting of Chamber of
Commerce Held.
NEW OFFICERS ELECTED
Cbarles F. Swiger't Made President
and E. C. Giltner Retained as
Secretary rGovernor Chamber' :
Iain Among the Speakers.'
XEy OFFICERS OF CHAMBER OF
COMMERCE. -
President Charles F. fiwigert.
Vice-President William McMaster.
Sepretary Edmund x Giltner.
Treasurer Ladd Jb Tilton. .
Trustees George M. Cornwall, R.
Ti. rjarrow, J. W. Ganong, - "W. B. :
Clafk'e, SiK Slchei, Lloyd J. Went
worth. . ' ' " '
Satisfied with the record of its accom
plishments In 1907, the Portland Chamber
of Commerce last night ushered in an
other year with its possibilities of even
greater achievements, - by giving a suc
cessful banquet at the Portland. Over
300 of the members of the organization
attended the gathering, which was
marked. by the best of good feeling. Har
mony, through which only good, results
are produced, is a prominent element in
the work of this commercial body,' and
the election of officers for " the present
year was made last night by acclama
tion, in accordance with the recommen
dations of the committee on nominations.
The further and permanent improve
ment .of the rivers and harbors-of the
country was the keynote of the different
addresses and the sentiment expressed
by the speakers and in the reports of the
various committees or the Chamber In
dicated that tangible' results will attend
the efforts of this energetic commercial
body In that direction. After the reports of
the officers and from the. different com
mittees had been read, R. R. Hoge,
chairman of the nominating committee
after first proposing a vote of thanks
to the retiring officers, which was adopt
ed unanimously, - submitted' the list of
nominations. The report was adopted
and the candidates were elected by ac
clamation.
In assuming the . presidency ' of the
Chamber. Mr. Swigert complimented the
organization on the work it had been
EHDSWITH UHDUET
doing and assured his associates that he
would strive earnestly further to extend
its usefulness. . He recognized in the
Chamber of Commerce of this ity" the
foremost commercial organization of the
state and '-perhaps of the Pacific 'North
west and pledged his best efforts to keep
it where his predecessors had placed it.
Governor THrst Speaker.
Governor Chamberlain was the first
speaker of the evening, his- address con
sisting principally of a report of the In
land .Waterways convention at Memphis,
Tenn., which he attended recently as a
-delegate from the Chamber. He remind
ed the members of the organization' that
the Portland Chamber of Commerce is
no longer, a local body, but has attained
a position of National reputation by rea
son of the good work It was accomplish
ing and the- tremendous' Influence it was
exerting.
While the Memphis convention was pri
marily called for the purpose of seeking
favorable legislation for the benefit of
the Mississippi River alone, he said the
delegates, before dispersing, had become
converted to the need' for a general co
operation for the improvement of rivers
and harbors throughout the land. Such
a policy, he said, had already received the
Indorsement of President Roosevelt, who
had committed himself to the improve
ment of the Columbia River - as well as
that of the Mississippi and its tributaries.
"There are .38 states that are directly
interested in waterway improvements for
rate regulation and for relieving freight
congestion," ha said. "These states .have
76 Senators arid 376 Representatives, in
Congress, or more than enough to carry
through any legislation that may be
agreed upon. So it will be seen that by
co-operitlon the problem of river and
harbor improvements can be solved."
In concluding, he said it was largely a
work of education if the people are to oe
brought to see the need for this class of
improvements. He insisted that it was
the duty of the people themselves in this
state to proceed with the opening up of
its different streams, even . if Congress
refuses to give any assistance. .
Bishop Advertises Oregon.
Rlshop Charles Scadding, of -the Episco
pal Diocese olf Oregon, expressed his
pleasure for the' opportunity to address
the "Chamber of Commerce 6f the Pacific
Northwest." and told of doing some good
work towards advertising Oregon and Its
unsurpassed resources during his recent
Eastern trip. Haying supplied - himself
with numerous views. Bishop Scadding
said he had given many lectures In many
of the principal cities of the East, where
he found " a wide interest in the Pacific
Coast States. He told of having visited
President Roosevelt while in Washington,
where he found Senator Bourne "looking
as happy as a man who has 'everything
he wants" a statement, that provoked
much laughter in view of recent develop
ments at tne national capital. -
!'A1I through the East I told them we
had a country 'of perpetual green," con
tinued the bishop. "Why talk about the
rain all of the time? Why not instead
suggest the results of the rain?" coflelud
ed the speaker when the applause had
subsided.
- Bishop Scadding confessed a keen in
terest in the splendid work the Chamber
is doing, and promised his hearty as
sistance in all things tending to the sub
atantlal development of the state, and
particularly the Willamette ' Valley, to
which he referred as the ''Paradise .of the
West."
J. N. Teal, who attended the Rivers
and Harbors Convention at Washington
last month, gave a report of its delib
erations and urged the necessity of
legislation for the improvement of
waterways and the conservation of the
natural resources of the West, includ
ing irrigation, water-power, -preservation
of the forests and the coal mines.
He deplored the wholesale acquisition
.of these valuable assets by private in
dividuals for speculative purposes and
predicted that in another two years
there would not only be made a stand
ing annual appropriation for fiver, and
nnrbor improvements, but that a special
department would be created by the
.Government to b devoted to transpor
tation, rivers and harbors and the pres
ervation and? development of all natural
resources. ' '
States Must Unite.
He said the probability of a river and
harbor bill being passed at the present
session of Congress was altogether re
mote, unless the people of the different
states interested should appeal to their
Senators' and Representatives and de
mand that legislation.
Homer Davenport, the cartoonist.
who was introduced as "a man who had
done as much as any other man to
spread the name and fame of Oregon,"
entered humorously into the discussion
of the needs of the state for further
river and harbor improvements.
W'hen I left Silverton this morning.
being escorted to the station by a tune
less band," he began. "I was told that
Governor Chamberlain would probably
talk for some time on the need of im
proving tho Columbia and the Willam
ette Rivers. But I was cautioned not
to forget to remind the members of the
Chamber of-Commerce that there was
also need -for some Improvements to
Clear Creek. Where this stream enters
Pudding River, its mouth is filled up
with sawdust, and until that is re
moved, fishing on upper Clear Creek Is
seriously injured."
Mr. Davenport became reminiscent
and told a number of interesting anec
dotes relating to his early life in his
home town, Silverton. He concluded by
telling some interesting experiences
connected with his recent trip to
Arabia.
General Charles F. Beebe, chairman
of. tne entertainment committee, con
cluded the speechmaKlng by comment
ing briefly on the-fetrttng of good cheer
and unmistakable evidence of confi
dence that was expressed through the
organization in the future greatness of
Portland. He proposed a vot of thanks
to Manager powers or ine noiei com
pany, who had done so much to Insure
the success of the banquet, and this ex
presslon included -the season's best
wishes. The vote of thanks was ex
tended unanimously.
HIBERNIANS DENY STORY
local Members Say Order Xot Con
nected With Molly Maguires.
The accusation made by Rev. D. I. Mc-Dermott,-
rector of St. Mary's Roman
Catholic Church of Philadelphia, that the
Ancient Order of Hibernians is, or was
at one time, connected with the Molly
Maguires, is denied by Frank Hennessy,
who has been until lately president of the
Portland branch of the order. He posi
tively asserted last night that, the Hi
bernians, on the Pacific Coast at least-,
have absolutely no connection with the
Maguires, and that he did "not believe
any connection exists between the no
torious criminals and the order in the
East, although he admitted that he
could not speak with accurate knowledge
of local conditions there. He attributes
Father McDermott's charges to spite on
his part toward the order, or to spite on
the part of others, who might have mis
informed him.
"The-first requirement of any person
wishing to join the order," said Mr. Hen
nessy last night, "is that he be a loyal
citizen of this Republic, - and that he be
conscious of the dignity and glory there
of. He must also be of Irish descent and
a member of the Catholic Church.
- "It is not true that the Hibernians on
this Goast pattern after the Molly Ma
guires, for I have found them all gdod
American citizens. Something must have
happened which has caused Father Mc
Dermott to come out with such a state
ment as this." ' -
Today and tomorrow, will positively , be
the last days for discount on West. Side
gas bills. Portland as Company.
Takes Credit for Good. Work Done
in Dealing With Freight Conges
tion in Local Terminal Yards.
Many Reforms Advocated.
STEEDS OF PORTI.AXn THAT
CHAMBER IS WORKING TO
SATISFY.
Placing Celilo Canal under continu
ing ' contract.
Extension of State Portaire . Railroad
from Big Eddy to The Dalles.
Approval of al-1 proposed .advances
In freight rates by , Interstate- Com
merce Commission tefor they shall
become effective..
Improvement of rivers and har
bora. Including purchase of' Oregoa
City locks, by Government.
Adequate terminal facilities.
A . deeper channel from Portland' to
the sea. ' ,
A railroad- through Central .Oregon.
Improved steamship service between
Portland and San Francisco.
Establishment of a -line of steam
ers between Coast points, including
Portland and Panama.
A more satisfactory handling of
freight between Portland and Tilla
mook. - ,
Recognizing that transportation Is the
most important factor in Industrial and
commercial progress, the Chamber of
Commerce during the past year has ac
tively exerted itself to develop further
these facilities, both- by rail and water.
The committee on transportation, of
which Henry Hahn was the chairman,
representing this organization, gave its
financial assistance to every effort hav
ing for its purpose the Improvement of
the rivers and harbors of the state.
During the year, the Chamber of Com
merce, through .its committee on trans
portation, co-operated with the railroad
officials and gave valuable assistance In
relieving a congested condition in the
local terminals that seriously interfered
with shipping. The committee employed
men to check up warehouses and team
tracks and very materially aided the
movement of freight by expediting the un
loading of cars. But with the entrance
of the North Bank road, which will have
its own terminal facilities, and the prob
able enlarging of its yards by the North
Pacific Terminal Company, the committee
does not expect that the same trouble
some conditions will be experienced again.
r-ne committee -heartily indorses the pro
posed amendment to the act to regulate
commerce, providing that where advances
in rates are proposed to 'be made time
shall be given for filing objections -there
to, in which event the complaint shall
be heard and passed on by the Interstate
Commerce Commission and receive its
approval 'before the Tiew rate can be put
into effect. Says the committee in its re
port: Explains the Amendment.
This proposed amendment is the direct re
sult of the recent arbitrary and abnormal ad
vance in lumber rates from Pacific Coast
points which has seriously affected one of the
greatest Industrie of the Northwest, as well
the general business of this entire section.
This action on the part of the railroad com
panies brosght to the attention of every ship
per the possible abuse of the power to ar
bltrarly Jlx rates now resting' solely in the
judgment of the traffic officials. This Is a
menace whloh confronts every producer, par
ticularly so where an advance is based, as
it seems to be in thla case, almost altogether
upon the prosperity of the shipper. The dan
ger of such a basis of rate-making needs
no elaboration
Disgusted with the general inadequacy
of transportation facilities and the ap
parent indisposition of Harriman to do
anything to relieve the situation, tho
Chamber appointed a special committee
to take up the subject with the Union
Pacific magnate and his associates per
sonally. The result of the interview
which followed was included in the re
port of the committee, which said:
Interview With Harriman. ' -
In September of last year a meeting waa
held with E. H.' Harriman and J. B. O'Brien,
looking to the increasing of the transporta
tion facilities of thla System. The chairman
presented as- subjects of Immediate -importance
the following: The building of a railroad
through Central Oregon, the bettering of this
steamship service between Portland and San
Francisco, the bujldtng of new docks for these
steamers so that freight can be handled ex
peditiously- and economically, the increasing
of the terminal facilities of this city, and in
cidentally the shortage of cars, congestion of
freight and other subjects- were taken up.
Each of theae matters were presented fully to
Mr. Harriman. -
In connection with the building of a road
through Onxral Oregon, he intimated that
such a road would in time be built; that the
country bad Impressed him favorably, but
that the -population was sparse, and at the
present time there was not much Inducoment
to build new railroads with money at 7 per
cent.
In connection with the steamer service, he
stated that it vu entirely his fault that new
steamers had not been put upon the run;
lhat he had expected to buy some, but had
failed In this, but that the matter would re
ceive attention. . . -On
'the terminal situation he stated he ex
pected by January. 1908, that matters would
be adjuste-J so that thereafter the yards would
be In a condition to handle all the business
offered.
The committee must state that they did not
feel greatly encouraged from what Mr. Har
riman said that his system would do anything
towards the building of railroads through
Central Oregon In -the immediate future.
Continuing, the report says that in the
judgment of the members of the commit
tee Central Oregon will receive its first
impetus through railroad construction toy
the owners of the North Bank road which
will soon be in operation between Spokane
and Portland.
Hope in Hill Road.
. "The history of the roads of which it
is a part," says the report, "has been In
the line of development, and there is no
reason, with the opportunities offered,
why they should change their policy now.
This road should and will receive- all the
encouragement possible from the people
of this cHy and state, and any and all
other roads which desire to seek an en
trance bere to do business with us should
receive like encouragement, for it is only
through the lack of transportation facili
ties that the development of this state has
been, retarded. A through route from
Portland 'to Canadian territory has been
established by The Oregon Railway &
Navigation Company and Spokane & In
ternational Railway, thus opening new
fields for trade to the Jobbers and manu
facturers of this city."
The report sets forth that the Spokane
No interest paid on
commercial accounts or
daily balances.
INTEREST
Paid on Term , Savings
Accounts
By the old gold tried
and tested
German-American
Bank
Corner Sixth and Alder Streets
Opposite Oregoniaa
rate oase Is still pending ibefore the Inter
state Commerce Commission, while the
question of local distributive rates
throughout Eastern Oregon over the O.
R. & N. awaits the decision of the Oregon
Railroad Commission. . The committee
expects the interests of Portland will be
fully protected by the decisions to be ren
dered in "both controversies.
The committee has also registered its
vigorous opposition to the proposed elimi
nation by the railroads of rule -16 of this
transcontinental commodity tariffs,' apply
ing to and from North Pacific Coast Ter
minals and the substitution or another,
which, it is ibelieg-ed, would increase trans
continental rates 20 per cent on at least
70 per cent of commodities, unless the
shippers release the carrier from all dam
ages excepting those arising directly from
causes under their control.
WAITING FOR DEPOSITORS
Merchants National Can Resume
When They Sign for Certificates.
President Watson, of the closed Mer
chants National Bank, urges all who have
deposits in that institution to sign agree
ments to exchange their demand deposits
for time certificates of deposits. This is
practically the only method toy which the
closed bank can resume business. Many .
depositors are coming into the hank daily
and making the required exchange.
"We have about (3,000,000 deposits, said
President Watson, . "and we want the .
greater part of this figure to be 'taken
in time certificates of deposit. Nobody
should wait but should act at once for it
is to the interest of each depositor in
the bank to come in and sign up as soon
as possible. The eooner they sign up for
these certificates of deposit, the sooner
will they have their funds available. If
depositors come forward promptly, there
need be no longer than a. week elapse
before the bank can resume." ,
-A Higher Health. Level.
"I have reached a higher health level
since I began using Dr. Kings New
Life Pills," writes Jacob Springer, of
West Franklin, Maine. "They keep my
stomach, liver and bowels working Just,
right." If these pills disappoint you on
trial, money will bo refunded at
Woodard, Clarke & Gov's drugstore.
25c
Today, and tomorrow will positively ha
the last days for discount on West Bids
gas bills. Portland Gas Company.
GENUINE PIANO SELLING
I Will Take Factory Cost for Two
Carloads Now Stored at 103
Front Street. 'f
Tf you can use a fine high-grade
piano I will give you a chance to get
one for less than half the price that
the dealers charge for them. ' I have
two carloads of the very highest grade
pianos now stored at 103 Front St., in
the City Transfer & Storage Co. ware-.
house.
They are the best my factory has
ever made. They are new pianos, and
they contain many patented features
not found in -any other upright piano.
These pianos have been sold right here
in Portland by the dealer who formerly
held the agency, for $450, $500 and $550.
I know of dozens of fine homes in this
city where my pianos are in dtfily use...
These people paid the above -prices,
and they know our pianos are well
worth the money.
These pianos were shipped to a
dealer here who lias met yith misfor
tune. He can't take them now. I have
offered them to other houses. They
won't buv them. The Instruments are
TTere. anel the freight is paid on them.
My instructions are to dispose of them
to best advantage, quick.
. Since the dealers will not buy them,
I will sell them to anyone who will
come to take theni. I will willingly ac
cept tne dealer 8 price. res, l will o
more than this I will acreot the a
tnal factory cost to build these Diarros.
I have only a few days to devote to
this matter, for I must return East at
once. If you want a fine piano and
want one without paying a dollar of
profit this side of the ftory that made
them, now is your chance.
I am not obliged to get all" rash. I
will sell on as reasonable payments as
any reasonable house would take, and
I will sell the piano at cost besides.
Every piano I sell Is accompanied by
our factory guarantee for five years,
and I will also arrange to keep the
pianos in perfect tune after they ars
sold.
This is a bona fide offer, and if ycu
will act quickly you will secure, the
bargain of a lifetime.
Remember the place Is 103 Front
Street, between Washington and Stark
Streets. Come at once between 9 in
the morning and 5 in the afternoon. Id
F. Ramatciottl, General Agent.