Morning Oregonian. (Portland, Or.) 1861-1937, January 11, 1908, Page 7, Image 7

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    L
IN EVERY VENTURE
Title Trust Officers Poured Out
Depositors' Coin in Un-
ceasing Stream.
SQUANDERED BY SCHEMERS
Deals Through Which Institution
Was Wrecked Brought In No
Gains Fictitious Profits Hid
Abstraction of Hard Cash.
If the prodigious losses of the Title
Guarantee & Trust Company are fair
proof, the officers of the wrecked in
stitution were the boldest bunco
bankers, or else the most stupid, Port-
. land ever saw. Without a blush or a
'pallor, they entered loss after loss into
their accounts. Their .schemes are a
record of pay, pay, pay with' deposi
tors' money everything; going; out,
'nothing coming in.
The schemes by which the bank was
gutted brought in no gains worth men
tioning, except for the Marquam build
ing, which was marked up $194,000 for
enhanced value, after the Supreme
Court rendered a decision, confirming
. title in their hands. The other earn
ings are those of the several depart
ments of the company insurance, ab
stract, real estate, eta. Commissions
appear as accruing from sale of this
or that from one. subsidiary corpora
' ti'ui to another, or from sale of bonds
of some company to or through the
bank. But one looks in vain for
profits from the numerous invest
ments That "the bank held the money of
' depositors no better than, a sieve holds
water and will be evident from the fol
lowing list of heaviest losses, entered
Into profit and loss, or into "sus
pense" account, or carried in the guise
of assets, at par value:
Where the- Money Weut.
Trrlgon (irrigation scheme).. . .1250,000
Lafe Pcnce (flume scheme).... 1)0,500
Profit and Loss Account.'
Sllverton electric plant . 72.43S
Silver .Creek L.umher Co 6.276
Marion County wood account. . 7.254
Stearns Fruit & land Co 6,329
J. A. Kerr tnote; 5.000
Other notes 10,000
Miscellaneous (charged .June
SO. 190C) 62,754
Itoselawn Colony trust. 9,0fi0
John Poole, mortgage 6,238
Hall Laver, mortgajy 2,943
Suspense Account.
Iver trust. . 25.000
Fourth Plain Evaporating Co., fi.sno
Roselawn orchards o,5 '0
t;nUlbug syndicate 66,356
Great Central Rnilway 9,732
Layer partnership trust 6,000
Pac. Packing & Nhv. Cu. Alas
. ka salmon trust) bonds and
stocks 7-500
Total ..$662,880
Nor are these all the losses. Numerous
siimll ones appear in the profit and loss
account and there are many In the sus
pense account, disguised wiht entries not
yet untrtHsked. The bank officers had a
plan of recording losses in two accounts
. profit and loss and suspense. The sus
pense was a junk account, into which all
manner of trash was dumped and. some
few good Items. When depositors- money
was drawn out. a. piece of Junk would
be dusted off and held as an asset to bal
ance the weight of casW wihtdrawn. The
hank officers would- not describe the
transaction in this manner, but such was
its effect.
Xo Real Profits Shown.
The profit side of the profit and loss ac
count contains Items such as: "Safety
deposit vaults earnings." "department
earnings," "general earnings." trust de
partment earnings;" and the largest Item
Is enhanced value of Marquam bui.ldtng.
J134.00O. which lay for a time on the credit
side of the suspense account. One looks
in vain through the, profit account for
gains from the multifold schemes of high
finance In which the bank was engaged.
If the bank or the subsidiary companies
made profits out of depositors' money,
the profits went into the pockets of the
promoters, not Into the coffers of the
bank. But whatever losses were, in
curred were charged' against the' bank,
and entered either In profit and loss or
in suspense account. When the lops ac
count loomed up too big. the suspense
account was used to hold loss additions,
until such time as it would be well to
transfer thrm.
A large batch of suspense losses -was
transferred to profit and loss June 30.
IWrt. Just before the annual mpetlng of
stockholders. On June SO. 1907, the profit
and loss account, doctored up for the an
nual meeting of stockholders, showed a,
credit halance of $A4.3S1. meaning that the
aggregate profits were that much ahead
of the aggregate losses.
Bonds Listed at Par.
One of the assets which the bank of
ficers listed as worth $250,000 or more, is
J2K6.000 bonds (par value) of the Oregon
l.and A Water Company, which has un
dertaken to irrigate some S000 acres of
land at lrrigon. I matllla County. These
bonds are probably worthless. The com
pany owes the bank $;)2.000 In the form of
an overdraft, and other obligations make
the total debt about J10O.OOO, aside from
the bonds, aggregating more titan $300,000,
The assets of the company are worth
probably not more than 1100.000. To com-;
pieie ine irrigation project win- neea an
additional expenditure of some $150,000.
Bo here we have the- Orepron band &
Water Company without money in its
treasury, in debt. Its bonds valueless, its
project unflniehed and needing $150,000
n-w money. The company has sold some
isnt acres of land. 'which depends on the
company's water 'supply. The company
has contracted with the buyers to water
. their land, and now cannot carry out Its
contracts. Work on the project has sus
pended, and there are not even funds
available to keep existing canals In op
eration. The company's water rights
have been assailed, and litigation must
follow In order to protect them.
Was Ross' Golden Dream.
This project has been one of J. Thor
burn Row' fondest illusions. It was go
ing to make him rich beyond the dreams
of avarice. Only water was needed to
make the rrrigon sands sprout with gold.
Wherever water was placed trees and
grain and grass sprang with wonderful
quickness and vigor. Ross sold $266,000
bonds (face value) ;o his bank at 80
cents on the dollar. Immediately marked
the bonds up to par and credited the en
hanced value. $53.9X. to earnings of the
bank, from commissions.
Ross thought, or professed to think,
that he could sell the bonds at par. When
the bHnk fell. Secretary J. B. Altchlson
was In the East trying to sell them and
to save the bank with the proceeds. Ross
ipent him frantic telegrams to hasten the
deal, and said the sale was all but eon
Ml
OSTMQREY
cummated when the bank crashed. But
as a matter of fact there never was any
chance to sell the bonds.
The irrigation project Is not worth the
face .of the bonds at least the Irrigation
works- are not. That there must be heavy
losses and a clean-up before the project
can go ahead seems evident. -It will cost
$250,000 to complete the scheme $100,000 to
liquidate debts and $150,000 to carry on
work to the finish.
The bonds probably will be lost. With
them will go $250,000 of the money of the
Title Guarantee & . Trust Company, per
haps more. '
Carried Project Six Years.
The Ross bank carried the lrrigon
project about six years. Ross organ
ized the Oregon Land & Water Com
pany to handle it. Some years before,
D. W. Bailey, of Pendleton" -first con
ceived the scheme and filed on the
water in the (Umatilla River. Under
his promoting some $40,000 was sunk.
Then C. B. Wade, the Pendleton bank
er, took up the project and sunk an
other $40,000. Ross then secured pos
session. In the last three or four years
he dumped in large , piles- of bank
money, the precise sum not yet ascer
tained. '
In 1902, Ross planned to get' posses
sion of about 3000 acres of Government
land under the desert land act by - a
method which other operators, under
the timber and stone act, found to
their sorrow got them into trouble
with Uncle Sam namely, hiring entry-
men to file on the land and then to
assign their claims to him, or to- his
Oregon Land & Water Company. But
just as Ross Jiad entered into this
scheme, Heney came to Oregon and set
the land-fraud probe to work. Ross at
once dropped the business like a hot
potato and allowed the claims of his
entrymen to lapse, without proving
up.
In this enterprise, the resourceful Ross
enlisted brothers-in-law, nephews, nieces,
bank employes, friends and whoever else
would go in with him. Bach had an
agreement with Ross' company to deed
over the land when they should prove
up on their claims. Ross" company was
to advance the necessary, money and bear
the expense.
'. Assumed to Own . Land.
Ross' company assumed to own the
land under the entries, and made con
tracts with intending settlers to sell them
the land in small tracts and to deliver
them title in five years, after five an
nual payments. - .
But now began the investigation of land
frauds by Heney. There was a scurrying
of land grabbers throughout Oregon for
cover. Koss was among them. He made
up his mind that his contrasts with Bet
tiers, for sale of the ill-gotten land, must
bo called in and cancelled: . He gave the
word to- his trusted employes to ac
complish this work without delay. They
bought back the contracts, paying for
them depositors' money from the Title
bank. The claims under the entries were
never proved up and .Uncle .Sam kept
the land. - '
Ross was not prosecuted, for the rea
son that the desert land law does not
make assignment of such entries criminal,
as docs the timber and stone act. But
Ross got a good scare. Had he been bold
enough he would have held the land.
Iafe Pence "stung" the bank to the
extent of $225,000; at least the bank holds
his paper to that amount. A large part
of the paper is worthless, since' the land
filling scheme will probably come to noth
ing. A conservative figure of the loss sus
tained through Pence is $iqo,ooo.
Another Disastrous Deal.
The Union Light & Power Company was
another very disastrous venture. The
profit and loss account of the bank con
tains a $72,438 loss item from tnat com
pany. At Silverton the company built an
electric power plant. Including a dam,
with depositors' money. A flood came
and swept the dam away. Then the com
pany resorted 'to steam power and lost
heavily. Finally It sola tne plant to
the Portland General Electric Company
for. $50,000. T. T; "Bifrkhart, treasurer of
the Title Bank, thereupon dissolved the
Union Light & Power Company. This In
vestment was his especial pet.- Its -fiasco
Is a monument to his frenzied finance
genius.
The Laver Trust and the Fourth Plain
Evaporating Company were prune pro
jects of Burkhart. which together cost
the bank $31,500. The Goldbug syndicate
was a mining venture in Southern Ore
gon. The $5000 charged off on profit and
loss, for J. A. Kerr., appears . on' the
books: "Uncollectable labor, and sup
plies." On June 30, 190i, at the same time that
the profit and loss account was repre
sented as being ahead $64,381, the suspense
account showed a credit balance of
$128,000-. entitled. "Profits held in reserve
for future use." On the two accounts,
therefore, she bank was represented as
being ahead $132,0001. That this was empty
wind was proved by Its quickness m blow
ing away when tle" bank burst Novem
ber 6.
THREE PATROLMEN FINED
Punished for Neglecting Duty and
Violating Regulations.
That it is costly business to neglect
one's duty, or to Ignore discipline, is
evidenced by the fact that three patrol
men, against whom charges were recent
ly filed, were found guilty yesterday and
were fined. M. P. Murphy was fined $50
and ordered severly- reprimanded by
Chief Gritzmacher: C. D. Henson was
fined $25 and John Quinton was fined $5,
and is ordered to "be more careful In
futnre." The report of the police com
mittee was adopted by the Executive
Board.
Patrolman Murphy, was found guilty
of neglect of duty on two counts. He
denied both charges, ht the committee
found that he went to Mount Tabor
without leave of absence one day -without
excuse, and that he lingered too long
In the Fashion Stables -one' night with
out cause. A fondness for a 'livery sta
ble on his beat was also the cause of
Patrolman Henson's undoing. He was
found guilty of loitering about a barn
while on duty.
Patrolman Quinton, who has an honor
able record, as - was officially recognized
in the report of the committee to the
Executive Board, was found guilty, of
drinking In a wholesale liquor establish
ment. He pleaded that he took the
liquor as medicine.
M.'KENNEY LOSES FIGHT
Iloquiam Council Refuses by Vote
of 4 to S to Reinstate Marshal.
HOQUIAM. Wash., Jan. 10. ( Special.)
Efforts to reinstate ex-Marshal Meken
ney were blocked by a secret vote of the
Council tonight, three of the aldermen
standing for McKenney and four oppos
ing him. When the result was known.
Mayor Maclntlre named Upson as
Marshal, and the appointment was con
firmed by the Council.
Bitter factional feeling has been aroused
In the attempt to reinstate 'McKenney.
who resigned . as . peace officer when
charges of immoral practices were brought
against him. and the fight begun In this
city, it Is believed, will have no little
bearing on county- politics next Fall.
Forbids Boxing Contest. -
SALEM. Or., Jan. 10. (Special.) A
boxing match was advertised . to take
place this evening in the Armory, in the
City Hall, witn two members . of a
minstrel show as participants, but Mayor
Rodgers, fearing' that the contest would
partake of the nature of a prixa fight.
Issued strict orders forbidding it. The
orders were observed.
JAPAN
E
AMERICAN LABOR
Prominent Citizens Speakers
at Exclusion League
Mass Meeting..
URGE CONGRESS TO ACT
John M. Gearin, Rev. Clarence True
Wilson and J. A. Jeffrey Dwell
, on' Evils of Unrestrict
ed Immigration.
. Continued immigration of Japanese
into the United States is considered- the
gravest danger of the hour by John M.
Gearin, ex-United States Senator, who
addressed a mass meeting called by
the local Asiatic Exclusion League, at
Arlon Hall last night. ' Mr. - Gearin
urged the necessity for conducting an
educational campaign that,, through
educated public opinion, Congress may
be induced to shut out the further Im
migration of - the Japanese and other.
Asiatic races. J. A. Jeffrey and Rev.
Clarance True Wilson also addressed
the meeting, wiich was attended by
about 500 persons. During the. even
ing printed slips requesting the mem-i
bers of Congress to enact an Astatic
Exclusion Law were distributed among
the audience. These were signed and
returned to the officers of the feague.
Senator Gearin said the influx of
Japanese threatened not only this Gov
ernment, but American civilization, and
tended to Ihe degradation of labor and
the curtailment of the worklngman's
opportunities. He declared that it
would only be through the united ef
fort of the people of the three Pacific
Coast states, who are so vitally and
Immediately interested, that the neces
sary amendment to the treaty between
the United States and Japan will ever
be made, excluding mnderslrable
coolies. The agitation attending the
work of the league, he admonished,
must be peaceful, in which violence
must not be countenanced. But. he
said, there must be one united demand
for the legislation.
' Treaty Is Xo Bar.
Referring to the Japanese Treaty,
which was promulgated in 1895. the
speaker showed that a law excluding
the little brown men from this coun
try could be passed without violating
In any particular the terms of the
treaty. In fact, he quoted from It a
clause which made the instrument sub
servient to any laws' on the subject of
Immigration that" might be enacted
subsequently by either party to the
treaty. This reservation, asserted the
speaker, was wisely Incorporated -in
the treaty, for at the time of its adop
tion the immigration of Japanese to
this country was very small. In 1880
only 86 of these, foreigners came to
America, and this Immigration had in
creased only to 1110. in 1895, the total
number of arrivals in the United
States of Japanese for the 15 years
being 15,012. In 1900 the number of
Japanese immigrants was 12,365, while
during. 1906 the statistics' show that
14.000 of these people entered the
United States. During the 12 years
from 1895 to 1906 inclusive, lOO.loi
Japanese laborers immigrated to the
United States and its .Islands.
The implied promise as to immigra
tion that was made by Japan at the
time the treaty was signed, contended
the speaker, has been violated and
since the heavy immigration of these
laborers' to this' country has reached a
figure that seriously threatens the in
dustrial life of the country, the people
of the United States have every right
to propose all legislation, that may be
necessary to trecit with the -situation.
. " , Gearin Gives Reasons.
"We don't want this cheap coolie labor
here,'v Mr. Gearin said, "because we oe
lieve" in elevating the standard of living
of the American laborer; because we be
lieve in raising the wage' schedule of the
workingman. not in lowering It: because
cheap labor means cheap men and cheap
men are not capable of measuring up to
the high standard of American civiliza
tion. We don't want cheap labor. It Is
an evidence of the lack of prosperity;
cheap labor never was a factor in pros
perity. Wbat we' want is the creation of
conditions and laws that wili equalize the
producing power of labor and the com
pensating power of capital.
"We do not want the Japanese because
they differ from us in religion, tradition,
habits and theories of government and
they can never be assimilated with our
people and taken into our industrial and
social life. ' Furthermore, they come Into
Individual competition, wlilch means the
ruin of white labor and ultimately the re
placing of white labor, as they "have done
In the Sandwich Islands."
Mr. Jeffrey preceded Mr. Gearin and in
a brief address spoke strongly In support
of legislation that will exclude the Japa
nese. He called attention to the facb that
these foreigners not only threaten the in
dustrial 'life of tills country, but its civil
ization as well. He pointed out that in
California the Japanese are now found
employed in 62 industries and professions.
He recognized In unrestricted immigration
an alarming menace to the laboring men,
whom he urged to be actively alert In
support of the movement that has been
launched by the League in behalf of the
American laborer.
Preacher Gives Views.
Dr. Wilson test...ed to an Intense in
terest In the Japanese immigration ques
tion and assured the audience tliat he
would earnestly support any movement
that premised satisfactorily .to treat wi -
a subject of such Importance.
"Legislation has been enacted,"- he said,
"by which the manufacturer Is protected
from cheap coolie labor, and It seems to
me that some protection snould be fur
nished the laboring men. that they may
be adequately safeguarded from competi
tion with labor that lives in holes in the
ground and waxes fat on rice and rats."
C. M. Haybl, president of the League,
presided and concluded the meeting by
referring briefly to the extent to which
cheap Japanese laborers have replaced
white labor in different parts of Cali
fornia. He urged the enlistment of every
laboring man In the movement which has
been started by the Exclusion Leagues on
the Pacific Coast. It was announced that
another . anti-Japanese demonstration
would be held some time in February.
This, meeting will be addressed by a
number of the delegates to a convention
of the Pacific Coast Exclusion League
that will be held In Seattle early next
month. -
Several of the delegates from California
will be induced to stop over in this city
to attend the meeting and deliver ad
dresses.
Fruit Rally at Corxallls.-
OORVAIjLIS. Or.. Jan. 10. (Special.)
There isj to be a big -horticultural rally
at the college tomorrow forenoon, begin
ning at 9 o'clock. Hon. . W. K. Newell,
president of the State Board of Horticul
ture, Commissioner A, H. Carson and
SEMEME
r
STORE
GREAT CLEARANCE SALE EVERY ARTICLE
Thrifty shoppers should not fail to take advantage of the attractive specials which we offer for today's sell
.ing and also the exceptional bargains contributed by every department to the Great Clearance Salel Specials
quoted for today only are subject to delivery at our earliest convenience and for which mail, telephone or c. o. d.
, orders will not be accepted. No exchanges. "
CHINESE MATTINGS.
6-yard piece for ..50
7-yard piece for" .. ........ 75 c
SMo-yard piece for $1.00
llVi-yard piece for .. ..$1.25
STOOLS $1.15
Attractive little pieces in several plain
and novel designs frames in the ma
hogany, fumedf weathered and golden
finish, and upholstered in leather. ' These
Stools are made tip in onr own cabinet
and upholstery workrooms, and are ex
ceptional, bargains' at the above special
today.
Hllll
CLEARANCE SALE
DINING CHAIRS
CHINA CLOSETS
DINING TABLES
others will be speakers, and the fruit in-
... - luinf.p simT-t nursA and other
Students' and local horticulturists and
farmers will Join in me meemus.
campaign against old orchards and a gen
eral boost for horticulture will be the
keynote. A spirited meeting occurred yes
terday afternoon, when President Newell
delivered an address on Hortloilture and
the Dairy." He showed how nicely the
two industries fitted together on the same
farm, in case there are suitable soils for
both.
FLORENCE ROBERTS MATIXEE
Favorite Actress in' Brilliant Com
edy, "Sham," at Marquam.
Thi. afternoon and toniglit. Florence Rob
erts one of the most di8tlngulhed of
American actrese. will repeat her maj
nlfllcent performance of the brlllant comedy
of modern society lite. "Sham." In wblch she
has been so successful. Last night's audience
a mildly enthusiastic over the play and
and the company and the town Is full of
theatergoers today who are advising their
friends to see it. TJist performances this
afternoon and tonight. -
GREAT PliAY AT THE BAKER
Matinee and Tonight End the Run
of "Soldiers of Fortune."
Those who do not see the Baker Stock
Company in Richard Harding Davis' play.
"Soldiers of Fortune." at the Baker for
one or the last two performances this after
noon and tonlg-ht, will mlM one of the most
beautiful and interesting plays of the entire
year It is said that "the proof of the pud
ding Is in eating of it" and nothing but
hieheut praise is heard from everyone who
has -witnessed this beautiful production dur
ing the week.
"At the Old Cross Roads.".
Thelast two performances of the great
Hal Reid play. "At the Old Cross Roads."
which has been delighting patrons of the
Empire all week, will be given at the mat
inee this afternoon and tonight. The play
by this celebrated author hi filled with true
heart Interest and Is presented by a capable
company in every particular.
COMING ATTRACTION'S.
"The Man t the Hour" at Heilig
Tomorrow Night.
Beginning tomorrow (Sunday) night, at
the Heilig Theater, Fourteenth and Wash
ington streets, and continuing every night
next week with special-price matinees
Wednesdav and Saturday "The Man of the
Hour" will be the bill. It is a play of poli
tics and if raft and Is said to be the best
of Us kind any Ajnerican has written, and
from all accounts deserve to be seen by
everyone who can appreciate a good drama
finely actea. it is am vow ijiiw i poli
ticians George Broadhurst has. drawn- In
this nlav are alive and busy. For outright
truth In 'characterization of certain kinds
of men no play of the time excels -The
Man of the Hour." Seats are now selling
at the theater for the entire engagement,
"The $10,000 Beauty" Sunday.' .
Next week the Marquam management will
At the Theaters
What the Press Agents Say.
CLOSES ON SATURDAYS AT SIX O'CLOCK
SPECIALS
IN THE CARPET DEPARTMENT TODAY A
GREAT SALE OF REMNANTS
Short pieces which have accumulated in the past few months Mattings, Ingrains,
Hodge's Fiber, etc. these in every, instance being new and desirable Floor Coverings
in lengths of V2 yards to 18 yards priced at much less than regular. The following
comprise but a few of these short lengths.
. JAPANESE MATTINGS.
3-yard piece for .'. 25.
4y2-yard piece for 35 ?
9V2-yard piece for ....60
12-yard piece for . . . . . .$1.00. '
18-yard piece for ;$2.75
HODGE'S FIBER CARPET.
' 4-yard piece for
4-yard piece for,
' 8-yard piece for
16-yard piece for
LACE CURTAINS
SPECIAL $1.45 Pr.
Today in the sixth-floor
Drapery Department, a spe
cial sale of 119 pairs of Lace
Curtains regular $3.00, $3.50
and $4.00 values, in white and
Arabian tints. From the entire
lot we offer you your choice at
the above special per pair.
15c Brass Extension Eo'da, special,
each 5
Full-size Lace Curtain Stretchers, regu
lar $1.75 values; special, each... 90
BASEMENT SPECIALS
Mixing Bowls in the imported
50c Bowls special
55c Bowls special
60c Bowls special
C0MPLETE-H0U5E-FURni5HER5!
a i 0000 j
offer its patrons one of the. greatest musical
treats 1n the history of the city In the
shape of the Lewis & Lake Company of
singers and comedians in the big musical
comedy hit "The 10,000 Beauty." The or
ganisation comprises a number of . very
clever singers and dancers and a corps of
dancers that, cannot be beaten.
"The Other Girl" Tomorrow.
New to Portland theatergoers Is Augustus
Thomas' great comedy. VThe Other olrl."
in which Lionel Barrymore achieved his
first success in New York, bnt after the
opening performance tomorrow It Is more
than likely the play will be the talk or the
town, as It. has wherever It has been pre
sented. It will open tomorrow matinee and
be the Baker Company's attraction all next
week.
"A Texas Outlaw'? Opens Tomorrow.
A heavy melodrama, with scenes' laid in
the State of Texas, during the period when
lawlessness reigned supreme, will be the
Empire's attraction all next week, opening
with the matinee tomorrow afternoon. Two
men are in love with a beautiful young girl,
and one, the hero, wins her love,- which In
curs the hatred of the other one. who. It
happens. Is an outlaw In disguise.
AT THE VAUDEVILLE THEATERS
Money's Worth at Pantages.
There are' no less than four big acts which
could he utilized as features at Pantages The
ater this week. The Velda trio, acrobatic
marvels, with their -loop-the-loop doge,- comes
first. Then Tim Cronin. the noted mimic
monologist and comedian, with his grotesque
humor; ..Coccoa and Amato, fancy' and -novelty
danclns epeclalists, and Phyllis Allen,
the contralto, now touring in vaudeville. All
the others are good.
(
Pantages Books Big Acts. '.
The two biggest features ever seen on one
bill in Portland will be presented by Pantages
Theater next week. The two are the Mixkoff
troupe of Russian dancers in the fascinating
Russian dance, and Frank Hall In a return,
engagement with his untamable lion Wallace.
A strong supplementary list of attractions has
been booked. -
SATUf?DAYSPECIALS.
Women's two-clasp Mocha, pique and
English walking gloves: also French
glace kids, standard J1.25. 1.50 and $1.75
values on sale at 95c a pair; all colors
and all sizes; $3 long. kid gloves at 12.25;
all gloves fitted at counter. Greatly re
djiced prices on all knit underwear,
hosiery, men's goods, coats, suits, um
brellas., etc., etc. Good goods only. Mc
Allen & McDonnell.
Mass Meeting at Lents..
A mass meeting of the citizens of Lents
has been called for next Monday sight at
8 o'clock- in Davis' hall, to consider the
question of annexation to Portland. Here
tofore that community has opposed an
nexation and appeared to favor xorming a
municipality, but recently there has been
a disposition to Join the general move
ment. At this meeting it is desired that
there should be a full expression of
opinion.
Take no substitute at soda fountains.
Ask for original food-drink, "Horlick's"
Malted Milk. Not in a Milk Trust.
flattie Creek'. Mich., has set aside a cliff and
certain streets for boys' coasting. '
TODAY
COCOA
IVi-yard piece for
2V2-yard piece tor
3-yard piece for
7Vi-yard piece for
9-yard piece, for
. ...30
'. .75
$2. 00
..$8.00
PEDESTAL
STANDS
SPECIAL
85 c
These Stands are 25
Inches high and have
ll-inch' base and top
made of solid oak
and finished in the
weathered.
"Edelweiss" Enameled .Ware
....35
; .4o
50
No. 7 size nickel-plated Tea Kettles, regular $1.25
values, for ; ,. 65
Eureka Folding Wall Clothes Back special. ..75
Empire folding Wall Clothes Rack special. . .75
HE T0UH
HE TOUH l
UTEIMtll
SEEM GREATLY RELIEVED
MAGNATES GLAD M'CREDIE
DOES NOT WANT VANCOUVER.
Announcement That Franchise Was
for Sale CauHtd Hurried' Gather
ing of Managers for Gabfest.
SEATTLE, Wash., Jan. 10. (Special.)
The announcement that the backers of
fhe Vancouver baseball team in- the
Northwestern eLague had thrown up
their franchise, quit cold, and would sell
to the highest bidder, did not worry Ciar
Lucas and his compatriots, according to
their outward expressions. Lucas, how
ever, rushed to Vancouver.
Strange as it may seem, though. Man
ager Brown. of Aberdeen; Manager
Quinn, of Spokane and Manager Hall,
of Butte, showed up here this afternoon.
Dugdale wap at home with a sick toe,
so he was out of the gabfest. but there
was some tall talking during the aft
ernoon. '
It may be taken as-a fact that North
western magnates thought - judge Mc
Credie was figuring on grabbing the Van
For Coughs
Never hesitate to ask your doctor about
Ayer's Cherry Pectoral. It is a regular medi
cine, a strong medicine, a doctor's medicine.
Ayef s Cherry Pectoral
REVISED FORMULA
It would be very interesting to know, how many
years your family physician, has prescribed Ayer's
Cherry Pectoral for coughs, colds, and all forms
of lung troubles. Ask him the next time you sec
him. We know physicians who have used it for
over half a century.
.' We hate- no secrets I We publish
the formulas of all our medicines.
J. C. AYER CO., Manufacturing Chemiits, Lowell, Mag.
J
Sore REDUCED
MATTINGS. .'
....... .35
. 50 ?
:. . -50 -
$2.75
$3.50
ALL-WOOL INGRAINS.
10-yard piece for .$4.00
14-yard piece for ..$9.00
17-yard piece for M. $11.00
TODAY
CLEARANCE SALE
IRON BEDS
DRESSERS
CHIFFONIERS
couver franchise, and it is known that
some of them were anxious to know-if
he really were in Vancouver. When they
learned that he had not even made an
offer for the franchise, or appeared oa
the scene, they felt much relieved.
Hillman Among Professionals.
NEW YORK, Jan. 10 The executive'
committee of the Amateur Athletic Cnion.
stated that Harry L. Hillman, the run
ner, suspended himself by accepting a
gold watch given him for running an ex
hibition quarter mile at the games of the
Twenty-Second Regiment. He will not
be eligible to compete in any amateur
event until reinstated by tlie registration
committee. The Yale basketball team,
disqualified for playing with professionals
of . George Washington Univoreity, will
be reinstated.
Oregon to Meet b. A. C. Five.
UNIVERSITY OF OREGON. Eugene.
Or., Jan. 10. (Special.) Two basketball
games not on the regular varsity schedule
will take place tomorrow night in the
Eugene Armory- The varsity will meet
O. A, C.'s fast five, and the Oregon sec
ond team -will play company C, O. N. G.
Much Interest is being taken in the O. A.
C. game, as that institution's team was
champion of the Northwest last year.
Oregon's men have been practicing hard
under Coach Murphy and believe they
have an even chance for victory.
J