THE MORXIXG OREGOXIAX, TUESDAY, FEBRUARY 8, 1910.
9
BANK MOST QUIT
TO GET BIG LOAN
Clearing-House Imposes Con
dition Which German
American Refuses.
SEEKS HELP ELSEWHERE
Negotiations .With. Portland Banks
for $300,000 Wn With Which
to Pay Orr Oregon Trust De
positors Come to Xauht.
Negotiations for a $300,000 loan be
tween the Portland Clearing - House
Association and the directors of the
German-American Bank came to an
abrupt close yesterday.
The directors of the German-American
Bank refused to accept the condi
tions imposed by the clearing-house
that the German-American should close
Its doors, liquidate its affairs and re
tire from the banking business.
The financial deal had been put
tinder way in order to pay off' the un
paid depositors of the Oregon Trust &
Savings Bank and had been pending for
two weeks. The directors of the German-American
Bank had offered to
pledge their personal credit and col
lateral to secure a $300,000 loan from
the clearing-house banks. When the
clearing - house refused to make the
loan unless the German-American Bank
discontinued business the officers of
the bank immediately, began negotia
tions for the loan elsewhere.
The announcement of the termination
of the negotiations was made by Wil
liam McRae. manager of the Bank of
California, and president of the clearing-house.
What will be the outcome of the un
completed deal as to its effect on the
unpaid depositors remains to be devel
oped. President S. G. Reed of the German-American
and P. 1 Willis, one of
the directors, have turned their atten
tion to securing the cash upon their
securities in other directions and are
apparently unconcerned over the action
of the clearing-house. The condition
of the German-American is said to be
be one of absolute safety, all of the
funds on deposit with it being in cash
in the bank vaults and not out on loans
or tied up in investments. This bank
is thus able to pay all of its depositors
upon a moment's notice. '
That the unpaid depositors of the old
Oregon Trust & Savings Bank are rea
sonably sure of their money either on
February 12 or at an early date there
after seems to be assured from the fact
that the directors of the German
American have enough personal securi
ties to, cover the $300,000 required and
have expressed their willingness to do
so. It therefore remains only for the
German-American officials to find cash
for their securities. Some delay may be
involved, but no doubt is entertained as
to the ultimate outcome, it is said.
While announcing that the deal between
the clearing-house and the German
American directors was at an end, Wil
liam McRae, the clearing-house president,
refused to uiscups the situation.. "1 am at
liberty to pay that the deal Is closed as
far as the clearing-house is concerned but
I am not at liberty to say anything
further." ,
R. Lea Barnes, vice-president of the
United States National Bank, who was
former president of the clearing-house
and one of the comraKee which had the
loan under consideration, said: "I might
announce that a proposition was made
to the clearing-house from the directors
of the German-American Bank and that
in return a counter proposition was made
back to them. Without going into the
full details' that is all I care to say about
the matter and we have deemed it wisest
not to discuss the full detaila"
Edward Oookingham. vice-president of
the Ladd & Tllton Bank and also a mem
ber of the committee- which conducted
the negotiations, admitted that one of the
conditions of the loan which had been
considered had been that if the German
American received this loan it would im
mediately liquidate its affairs and cease
to do business. "I have not seen either
Mr. Reed or Mr. Willlf for several days
and did not know that the negotiations
iliad been brought to an end. We did
consider the closing of the German
American in connection with the proposed
deal, but I do not feel at the present
ttrae that I can speak for the clearing
house. Mr. McRae is the president and
official news should come through him.
President Reed, of the German-Ameri-'
can, refused to make the details of the
whole affair public. "I know nothing
about it." said Mr. Keed. "The clearing-house
has not notified me. I have
written them two letters on the subject,
but these have been ignored. The fact
that they have called off all negotiations
does not mean that the German-American
Bank is hard put to carry through
its contract. We have stood ready to put
tip personal securities aside from the
bank's money, and if we can't get the
money from the clearing-house all we can
say Is that the securities are worth the
loan and we will very likely be able to
get it somewhere else."
P. L. . Willis, who controls n. majority
of the stock of the German-American
and is ' reputed to be one of Portland's
extremely wealthy men, who during the
latter part of the negotiations was called
in by the committee of the clearing-house
and consulted as to the securities pro
posed and to whom it is said the ultima
tum of the clearing-house was given with
reference to the liquidation of the German-American
Bank's affairs, was also
seen. Mr. Willis said: "I can say notn
ing about the matter save that negotia
tions are being undertaken elsewhere."
The negotiations between the officials
of the German-American and the clearing-house
were opened on January 13.
Vnder the provisions of the contract by
which Judge Gantenbein In the Circuit
Court gave the German-American Bank
a contract giving it the assets of the
defunct Oregon Trust Saving Bank it
was stipulated that all of the depositors
of the bank were to be paid off hi fuM
by February 12. 1910. During the past
two years Receiver Thomas C. Devlin
has cleared up and paid off more than
$2,000,000 of these deposits and there
now remain about 700 unpaid depositors
with claims aggregating $300,000.
The action of Thomas G. Davlin. as
receiver of the Oregon Trust & Sav
ings Bank against W. H. Moore and
other officers of the bank, to recover
1500.000. alleged to have been lost
through their negligence and misman
agement, will go to trial on the merits,
for Judge Gantenbein in the State Cir
cuit Court yesterday afternoon over
ruled the pleas in abatement filed by
the defendants. Attorney A. E. Clark
appeared for Receiver Devlin, while
cx-Senator Fulton and J. M. Long ap
peared for the defendants.
Bible Club to Dine.
The Men's Bible Club of the First
United Presbyterian Church will give a
banquet at the church at 6:30 o'clock this
evening. All men of the congregation
i ere" invited to attend. The meeting will
! be addressed by Virgil Speer. J. L. Wills;
C. L. Tripp. Miller Murdock and Rev.
F. D. Kinley. The Diamond Quartet -will
sing several pongs and F. C. Crowcher
will sing a solo.
COMPAXY SCKS EX - OFFICJER
Watson "Excavator Firm Demands
Accounting by Court.
The Watson Excavator Company
brought suit In the Circuit Court yes
terday against William J. Curtis, ex
secretary and treasurer of the com
pany, demanding an accounting.
It is alleged that on May 24, last.
William Watson and Curtis agreed to
co-operate in perfecting and promot
ing the sale of excavating machinery
invented by Watson. They conceived
the idea of organizing a corporation
with a capitalization . of $100,000, Cur
tis to receive 5000 shares at $5 each for
his services in selling stock, and the
patents on the new excavator to be
transferred to the corporation, for
which Watson was to receive 10,001
shares of stock, and Curtis 6000 shares.
Although Curtis is said to have sold
stock to the amount of $4900, he Is
charged with having appropriated all
but $2092 of the cash to his own use,
having mingled his personal account
with that of the corporation. The
stockholders removed him from office
on January 27, and elected W. H. Zlrbel
as treasurer in his place. It is charged
that he has refused to turn over to the
new treasurer the money, memoranda
and receipts he has on hand.
PAROLE TO BE GIVEN" BY TWO
Judge Morrow Says That State- Does
Not Gain by Commitments.
H. I. "Warn oc It pleaded guilty before
Presiding Circuit Judge Morrow yester
day afternoon to having obtained $176
from W. W. Savage on October 8, 1096,
on false pretenses. The Judge said he
Intends to parole the prisoner.
J. R. Miller, alias F. Ford, planing
mlll alborer, was arraigned for larceny
ina shop, and pleaded not guilty. Judge
Morrow asked his reason for stealing a
waich and chain belonging to J. Zoulek.
and he eaid it was because he was pro
voked that a position he could have
filled was given to what he termed an
incompetent laborer. Judge Morrow said
the state gains nothing by sending its
criminals to the Penitentiary, and inti
mated that he will parole Miller as well
as Warnock.
J. W. McClelland was arraigned on a
charge of larceny by embezzlement, and
will plead Wednesday.
A motion hae been filed to quash the
Indictment charging Augustus Walker
with having obtained money under false
pretenses in October, 1908. It is alleged
in the motion that Walker was tried- last
April on the same charge, and acquitted,
and that the same testimony will be in
troduced in this case. Four grand juries
have investigated the case, says the mo
tion, and one failed to indict. He is said
to have been arrested three times for the
same transaction.
RECEIVER NAMED FOR STORE
New Golden Eagle Turned Over to
Adjuster by Court.
Following the filing of petitions for
adjudication In bankruptcy and for fhe
appointment of a receiver for the New
STATEMENT OF PORTLAND CLEARING-HOUSE B AX ICS FOR JANUARY 31,
Deposits
.$13,357,857.56
. 9,216,006.33
. 3.176,021.36
. 2,652,057.56
. 12.643,753.16
. 6,07,068.06
. 4,152,599.91
. 3.704,741.99
. 1,372,881.18
. 1,402,829.61
First National Bank
United States National Bank.
Merchants National Bank.. v
Lumbermens National Bank..
Udd & Tllton
Security Savings & Trust Co..
Bank of California
Canad ian Bank of Commerce..
Portland Trust Company
Hlbernla Savings Bank .
Totals
Decrease.
Golden Eagle store. Third and Yamhill
streets. L- L. Paget was appointed re
ceiver yesterday by the United States
Court.
. The companies petitioning for the ap
pointment of the receiver, were Fred J.
Gumpert & Company, of New York,
with unsecured credits amounting to $202;
W. L. Leavey, of Brooklyn, N. Y., with
unsecured credits amounting to $916,
and the Imperial Glass Company, of
Bellaire, Ohio, with credits amounting
to $251.22.
COLD STORAGE AND PRICES
Argument Relating to Higher Cost of
Living Crusade.
PORTLAND, Feb. 7. (To the Editor.)
In view of the proposed investigation by
Congress of the high cost of living .and in
connection therewith the cold storage busi
ness as one of the factors in Increasing the
cost of living, 1 reply In defence of such
members of the American "Warehousemen's
Association as are engaged In the cold stor
age business.
There seems to be lack ' of information on
this subject. ' for people have based their
criticisms on the assumption that the cost
of living is enhanced by cold storage, when
the reverse is the case.
As a matter of fact, cold storage helps
greatly to regulate the prices of all perish
able products, including our own famous
"Oregon apple." prevents prices from going
to excessively high figures, and also relieves
the market from unnatural depression when,
from overproduction or some other cause,
prices sltimp to a point that Is unremuner
ative. The - "cold-storage-man" Is simply
one of the means of later-day life of pro
tection against the "rainy day" of want in
the perishable fo'Ml line.
It has been demonstrated by Government
inquiry that so perishable an article as
dressed poultry, when properly prepared, can
be kept in cold storage for six months and
longer, with scarcely any apprecia-ble change.
It has been said that "the necessities of life
are being hoarded for the sole purpose of
keeping the prices at the highest possible
point." Suppose that no eggs had been
stored when eggs were cheap, and the sup
ply much greater than the demand. What
would eggs of fairly good quality be worth
during November. December and Jsnuary.
when hens are not laying and the "strictly
fresh egg" is practically a myth? In our
own city storage eggs are sold at 25 and 35
cents, while the "strictly fresh" eggs are as
high as 50 cents and GO cents per dozen.
If cold storage did not provide a means
of caring for the surplus until a demand
arose for it. how could we have any lower
prices? What would become of the surplus?
Would it not be a total .Joss? Under our
system, we must produce In one-naif of the
year nearly all we eat in the entire year.
The better facilities we have for carrying
over the Summer surplus for Winter use,
the better protection we shall have against
famines and speculators.
S- W. HESRMAS.
Miirriage Licenses.
FISHEB-RACETTE William Fisher, 2T,
citv; Sophie Kacette. 20. city.
THOMPSON-MlLIfi Horace Thompson,
24. Vancouver. "B. C. : Ada Mills. 20. city.
GABWXI-PITTAVINO John Oardlnl.
over 21. city: Argela Pittavino. over IS. citv.
SCHWEIGER-HESS Matt Schweiger. 30.
citv; Asnes Hess. -6, city.
BBTSON-TRAOT Earl C. Bryson. over
21. citv; A. Grace Tracy, over 16. citv.
BARTHOLOMEW-KELLER Sydney J.
Bartholomew. 42. Seattle. Wash.: Mrs. Ma
belle U. Keller. "J. city.
MAHONET-DIKEMAN J. Mafaoner. 28.
citv: Nellie K. Dlkeman, 17, city.
REEVES-WADE Charles W. Reeves. 23.
city; Pearl Wade. 23. city.
Wedding and visiting cards. W. G. Smith
& Co., Washington bldg.. 4th and Wash.
PILES CT11ED IN to 14 DAYS.
PAZO OITITMENT Is guaranteed to curenj
case of Itching. Blind. Bleeding or Protruding
Piles in 6 to 14 days or money refunded. 50c.
' Morgan A Robb. 350 Stark St., will
write your Fire Insurance for you.
E
DEPOSITS SHOWN
Ten Clearing-House Banks
Record $11,000,000 In
crease Over Last Year.
$58,585,816 IS AGGREGATE
Loans and Discounts In the Twenty
Three Concerns of Portland
3)978,54 1 Greater Than Novem
ber Report Tables Given.
The ten clearing-house banks of Port
land In their statements of condition at
the close of business January 31, 1910.
show an increase in deposits .of nearly
$11,000,000 in comparison with Febru
ary 6, 1909, the nearest corresponding
date to January 31 at which statements
were issued in 1909.
In exact figures the deposits in the
ten banks are represented by the sum
of $58,685,818.72. While the deposits in
the same banks one year previously
aggregated .but $47,669,985.61. showing
an Increase for the year of $10,916,
831.11. In loans, discounts and overdrafts fhe
Increase for the same period was in ex
cess of $8,000,000. On January 31, 1910.
the total was $32,081,264.95. while on
February 5, 1909 It was $23,797,999.09,
the increase being represented in exact
figures by $8,223,265.86.
Cash and exchange shown by the
statements aggregated in the ten banks
$21,153,264.50. an Increase for the year
of $2,945,334.59. This reserve as com
pared with deposits is In excess of 36
per cent.
The year's comparison on the reports
of the 10 clearing-house banks Is given
because one year ago all other banks
did not prepare statements for publica
tion. Statements from all the banks of
Portland, with the exception of a new
one which has not yet published a
statement, . 23 in number, as to their
condition at the olose of business Janu
ary 31, 1910, however, show deposits
aggregating $62,360,653.10. Comparison
with the reports of the same banks at
the last previous call, November 16,
1909, shows an increase In deposits for
the two and one-half months of $2,010,
500.18. At $34,579,900.58. represented by loans
and discounts at the 23 banks January
31, there is an increase of $978,541.26
since the statements of November 16.
In . the two and one-half months, the
total cash and exchange increased
$1,329,045.78 to a total of $22,721,671.61.
Following is a condensed statement
of the condition of the 10 clearing
house banks, giving also the Increases
in deposits, loans and discounts, and
cash in the last year:
HIA11W, JOOtt.
Loans,
Discounts a
nd
Increase.
2,631,078.23
1,784,722.42
, 426,945.30
1,253,231.09
1,422.060,52
1,339,270.01
1,322.073.81
234,423.17
126.842.85
375,183.71
Overdraft
$ 6,117,606
5,794,946
1,734,028
1.818,033,
$
.
13
86
52
65
5.807.41
.46
4.034.723
.49
3,414.166
.78
1.717,528
681,728
901,085,
.52
42
12
IMMENS
.$5885,816.72 $10,915,831.11 $32,021,264.95
The following is a condensed state
ment of the condition of the 23 Na
tional, state and private banks of Port
land at the close of business January
31, 1910.
Deposits.
American Bank & Trust Company., $ 311.740.25
Ashlev & Rumelin 148,378.48
George W. Bates & Co 724,841.76
Bank of California 4.152,599.91
Bank of Kenton 46,148.45
Canadian Bank of Commerce....... 3,704,741.99
Citizens Bank , 448,018.94
East Side Bank 365.798.64
First National Bank 13,357,857.56
First National Bank of St. John.... 131,917.78
German - American Bank........... 233.263.54
Hartman & Thompson 263.765.55
Hibernla Savings 1,402,829.61
Ladd & Tilton 12.643,753.16
Lumbermens National Bank 2,652,057.56
Merchants National Bank 3,176.021.36
Merchants Savings & Trust Co 407.226.35
Peninsula Bank 164.472.70
Scandinavian - American Bank 403,242.45
Bank of Sellwood - 126.021.49
Portland Trust Company 1.372,881.18
Security Savings & Trust Co 6,907,068.06
United States National Bank 9,216.006.33
Totals.. $62,360,653.10
Total statements of Nov. 16, 1909 ... $60,350.1 52.92
Increase in two and a half months.. $ 2,010,500.18
CARDS WILL INVITE EAST
PERSONAL- PUBLICITY TO HELP
ROSE FESTIVAL.
Rose Society Undertake."? Sale of Re
turn Postals for Mailing on
Rose Planting Day.
Women of the Rose Society met at the
headquarters of rne Rose Festival yes
terday afternoon to plan for the publicity
campaign authorized last Saturday. Mrs.
Q. H. Ijaxnberson is chairman of the
committee and is undertaking the task
of recruiting 100 women members of the
society to assist in selling the return
postcards which are to be mailed from
Portland on Rose Planting day. February
22- Yesterday's meeting indicated that
most of the feminine members of the
body would take hold of the project and
do all they cotild to reach their friends
in the East. That is the purpose of the
Rose Society's movement.
The 100 members are to distribute so far
as they can 50,000 invitational postcards
throughout the city between now and
Washington's birthday. The cards will
be sold for a penny each 'and in small
blocks of not more than 5. 10 or 26. so
that the widest possible publicity may
be gained.
The public schools are to be asked to
play their part in this advertising cam
paign, and It is hoped that thousands of
the pupils will send an invitation back
to their friends in -the East. To every
person that replies on the return card a
fac-simlle of the official Rose Festival
poster, together with railroad rates, will
be mailed.
President Drake and other officers of
the Rose Society have indorsed this form
of personal exploitation and anticipate
good results from it.
"This is our first well-organized ven
ture in the realm of advertising Port
land as the 'City of Roses," " said Presi
dent Drake last night, "and we feel
that with the united stand about 100 of
REFLECTION ON HIS NOSE
It Waw m Red Ok Before Poalam Com
pletely Cleared Ike Skia.
Because of the numerous reflections
on his red nose many a man possessed
of that affliction has determined to rid
himself of it, and has done so quickly
through the use of a little poalam, the
new skin remedy, naturally flesh-col-ered,
which- heals and hides skin
imperfections. Although primarily a
remedy for eczema stopping the itch
ing with first application and rapidly
restoring the health of the skin pos
lam Bhows immediate and surprising
results when used for less serious skin
affections, such as pimples, rash,
blotches. inflammations, etc. Used
after sharing: it will soothe and tone
up the skin as no toilet preparation
could possibly do.
According to the uses for which it is
employed, poslam may be purchased in
50-cent boxes or $2 jars at the Skid
more Drug Co. and the Woodard-Clarke
Co., also all other drug stores. A free
sample- which will demonstrate Its
marvelous work will be sent upon re
quest to any one who will write to the
Emergency Laboratories. 32 West 25th
street. New York City.
our women members are to take in this
campaign we shall gain splendid results.
The personal element in publicity work
always counts heavily. Our aim is to
have every person in the city that has
come from the East that has friends or.
relatives in the Fast, or, in fact, that
ever heard of anybody in the E3ast. as
sist in scattering these Invitations on
Washington's birthday."
The text of the invitation to the Rose
Festival as embraced in the postcard
publicity scheme Is summed up as fol
lows: "We want you to visit us in Port
land, the Summer capital of America,
and enjoy the feast of roses we are
preparing for you and for all the world
from June 6 to 11, 1910."
The call to the Eastern visitor, whom
it is hoped to Interest In the majestic
June celebration, and which goes with
the official cards sent out, is as follows:
If you are interested In our magnificent
June spectacle, detach and mall the ac
companying postal and you will receive
a facsimile of the Rose Festival poster,
together with railroad excursion rates
from all parts of the country, and other
data of the Festival.'"-
KLICKITAT LEAGUE BUSY
Booster Campaign to Open at Gold
endale Thursday.
GOLDESDALB, Wash., Feb. 7. The
Klickitat Development League Is making
elaborate preparations for a booster meet
ing to be held at Goldendale Thursday,
February 10. Among the people to attend
are Samuel Hill, of Seattle, president of
the "Washington Good Roads Association:
President French, of the S., P. & 8., and.
Tom Richardson, manager of the Portland
Commercial Club. In the Fall of 1908 a
booster meeting was hehT at Goldendale
for the purpose of raising funds to inaug
urate a publicity campaign. At this
meeting $5000 was raised and expended in
advertising. During the past year 40,000
small folders and 20,000 handsome lllusv
trated booklets have been distributed by
the Klickitat Development League. The
county has been widely advertised in the
East and exhibits of fruit and other prod
ucts have been placed on exhibition in
COMPARED WITH REPORT OF FEB.
Cash
and
Exchange.
f 6,360,191.06
3,794,051.77
887,690.24
887,503.92
3,377.931.15
2.553.576.48
1,04,629.54
1.392,546.08
389.498.39
525,645.87
Increase.
907.850.38
2.0S6. 471.36
44.733.5l
814.252.72
1,074,036.48
971.049.50
1,042,240.40
990,399.73
154,042.88
227,655.92
Increase.
$1.426.89(i.07
80,950.81
239,557.46
283,486.41
' 439,932.17
587.401.39
282,688.85
628,083.20
- 117,210.29
115,294.34
$8,223,265.86 $21,153,264.50 " $2,945,334-59
various Eastern cities. The most impor
tant resHilt was the first prize for nonlrri
gated fruit at the Kational apple show
at Spokane last Fall. The -exhibit of ap
ples from Klickitat County was selected.
Loans.
Discounts and
Overdrafts.
$ 251,315.24
145,130.88
427.583.14
3,414.166.78
38,214.80
1,717,528.52
387,200.01
164,515.21
6,117,606.13
106.484.89
68,697.69
130.607.24
901.085.12
5.S07, 417.46
1,818,033.65
1,734.028.52
252.592.13
157,564.48
337,364.04
91.365.90
681,728.42
4.034.723.29
5,794.946.86
$34,579,900.58
$33,601359.32
$ 978.541.26
Cash
and
Exchange.
$ 74.927.97
48,787.1.7
347.945.28
1,004,629.54
35.808.72
1,392,546.08
94,041.98
217,496.64
6,360,191.06
48.651.66
224,575.12
102,693.09
525,645.87
8,377,931.15
887,503.92
867,690.24
- 140,803.36
34.794.97
157.149.27
40,731.98
389.498.39
2,553.576.48
3,794,051.77
$22,721,671.61
$21,392,625.83
$ 1,329,046.78
arranged and financed by the Klickitat
Development League. Development work
is now under way on several large proj
ects and the county is looking forward
to a most prosperous year. The league
has decided to continue the .publicity
work another year and take advantage of
the results obtained from the efforts last
year and the present meeting is to be held
for raising funds and outlining the cam
paign. COMET A BIDS G00D-BY
Sky Visitor Visible Only With Aid
of Powerful Telescope.
Comet A-1910 has bidden the earth
good-by and is rushing back into space
at a rate of 2400 miles a minute. Ac
cording to Professor J. W. Daniels, of
Hill Military Academy, a Portland as
tronomer who has been much interested
in tho celestial wanderer, the comet was
faintly visible last night.
"I visited Council Crest to get a fare
well view of the comet." said Professor
Daniels, "and was successful. It w
still to be seen through a glass, but only
to persons who knew just where to look.
The tail of the comet had entirely disappeared.-
If the sky Is clear it may be
possible to see the comet Tuesday night
with the aid of a powerful telescope, but
after that it will doubtless be Invisible."
RfiAD THIS.
This is to certify that Hall's Texas
Wonder of St. Louis. Mo., cured me of a
severe kidney, bladder and . rheumatic
trouble three years ago. and I can fully
recommend it. R. D. Teter, R. 4. Box 61
Salem. Oregon. 60 days' treatment $1.
by mail.
An attack of the grip Is often fol
lowed by a persistent cough, which to
many proves a great annoyance. Cham
berlain's Cough Remedy has been ex
tensively used and with good success
for the relief and cure of this cough.
Many cases have been cured after all
other remedies had failed. Sold by all
dealers.
The general manager of the Cuba railroad
predicts the opening of the line bttnen
Bayamo and Santiago in June, 1910.
Bring Your Krell-French Checks
To Reed-French Piano Mfg. Co.
And to no other piano house these checks are made payable
to Reed-French Piano Mfg. Co., and must be endorsed by .
us before they can be of value to any other firm but ours
6 th and Burnside is the location store open every night.
Mr. Piano Buyer, don't be misled by the smooth talk of advertising
of a jealous competitor. This firm being unable to meet our low prices,
has grown desperate, and in their last effort to meet our competition in a
business-like manner (which they have been unable to do because Ave are
factory distributers, thereby saving the purchaser all middlemen's
profits) have boldly advertised to accept Krell-French Co.'s checks (made
payable to us), plus 5 per cent. We know, and every business man and
woman knows, that a check drawn payable to us, cannot be of any value
to this firm unless the check is properhy indorsed by us, but we feel that
it is no more than right that we should warn the winners of the Krell
French Co. check against any firm making such a ridiculous offer. Wo.
are proud to say that our bailoon puzzle contest was conducted along fair
and above-board lines. The piano we advertised to give awav was won bv
Mr. F. C. Baker, 353y2' 2d st., Portland. The judges were three of Port
land's most promment men, and atou will find the Krell-French Co.'s
checks to represent their face value when presented at our store.
In presenting these facts in regard to this matter we wish it clearly
understood that we are not looking for any notorictj-, but we do want it
understood that we are ready now, and at all times, to defend our custom
ers, our friends, and ourselves.
Now for Prices
20 to 40 Discount on Every Piano
. When we say 20 per cent to 40 per cent . we mean every word of it. Shop
around; note carefully the prices; consider the quality and the responsibility of the
manufacturer; then you will realize that we sell pianos at a discount of 20 per cent to
40 per cent cheaper than any piano firm in the West, because we are manufacturers'
distributers of the many pianos carried, and this allows us to sell you a piano direct
from the factory at the same low price you would pay if you purchased the piano
right at the factory where it was made.
One price to everyone. The fairest to you and ourselves. All prices
marked in plain figures always.. Terms: Two and one-half years in
which to pay for a piano. Store open evenings.
Reed-Frerich Piano Mfg. Co.
Cor Sixth and Burnside Sts., Portland
1 ' ; J
PORTLAND IS SUED
FOR LIGHT BILL
Railway Files Complaint Seek
ing Payment of $29,479,
Long Withheld.
MAYOR MAY BUY BONDS
Simon Would Offset Interest on
Claim Awaiting Result of Ac
tion Bill Is Holdover
From Lane Regime.
The Portland Railway, Light & Power
Company alleges Portland owes It $29,
for electric lights, and the rail
way has filed suit for the cum and ac
crued Interest.
Pending the outcome of the litigation.
Mayor Simon has asked the ways and
means committee of the Council to recom
mend an advance allowing him to buy
bonds amounting to $29,000 to offset accru
ing interest on the claim.
Until the Winter of 1905 the city light
ing was being done by the Portland Gen
eral Electric Company under a contract
signed June 29. 1903. In November. 1905,
a new agreement between the city and
the Portland Raflwayr Light & Power
Company was entered into, new lamps,
which are said to require less current,
being installed by the company. It is the
assertion of the company that these have
a greater lighting capacity. But begin
ning In March. 1908, the city officials re
fused. It is alleged, to pay in full the
bills for current furnished by the com
pany. .
Short Payments Cited.
The bills and the payments made dur
ing succeeding months are as follows:
March, 1908, bill J7SO9.02. payment, $4997.7:
April, $7971.73, $5101.91; May, $8066.58,
$5129.84; June. $S0M.17, $5173.87; July,
JSM2.96 $6211.47; August, $8194.13, $5244.24;
September. $8243.91, $5276.10;. October,
$8407.44. $5380.76: November, $8525.39, $5456.25;
December. $S49S.10. $5438.79.
Mayor Simon appeared before the City
Council committee on ways and means
yesterday and asked that an ordinance
be recommended granting him authority
to purchase for the city bonds to the
value of $29,000 to draw interest on a
similar sum that- constitutes a disputed
claim between the city and the Portland
Railway, Ligh & Power Company. . The
action requested was taken.
"I found when I took office," explained
the Mayor, "that my predecessor had left
a disputed claim to the extent of - $29,000
relative to city lighting. The Portland
Railway, Light & Power Company held,
and still holds, that this money belongs
to it, and I declined to reopen the af
fair, it having been settled against the
company by the former administration.
Meanwhile interest continues to accumu
late on the money. Now should the
courts decide the money belongs to the
company, there would be considerable
Interest due. I would like to have au
thority therefore to purchase bonds with
thia disputed money and let the bonds
draw equal interest to balance the loss."
Lane Ordered Refusal.
The Mayor's appearance before the
committee called to mind a bitter fight
waged by Dr. Lane as Mayor. After
an investigation, he decided the company
was not giving all the light contracted
for, and he ordered the Executive Board
to withhold about one-third of the con
tract price each month. This continued
until the company trreatened to shut off
the lights and plunge the city into dark
ness. This crisis was averted by a tem
porary contract. A new contract was
PALE, NERVOUS
AND RUN DOWN
Under the Care of Doctors
Much of the Time.
This Bellingham Woman Gained
at Once Under the Tonic
Treatment and Is in Good
Health Now.
Thin blood is the most frequent causa
of debility. As the supply of blood sent
to the brain does not carry sufficient
nourishment the patient is doll and
drowsy, the nerves become starred and
there are marked nervous symptoms.
As the blood and nerves control diges
tion the stomach suffers from lack of
tone and the victim loses 'weight and
strength.
The treatment for this condition is to
build up the blood and a blood tonio
that also directly strengthens the nerves
is best suited to promote rapid and per
manent improvement. " Such a remedy
is Dr. Williams' Pink Pills.
Mrs. S. O. Clapper, of No, 3618 Cherry
street, Belliugham, Wash., tells of the
benefit she received, from the use of
these pills, as follows :
"I was in a run-down condition for
years and was under the care of doctors
a good deal of the time. I was run
down in weight to 110 pounds and
wasn't able to do much of any work. I
was pale and nervous. My throat troubl
ed me some and I had to cough a great
deal.
"I was living at Fisdlay, Ohio; and
decided to come here as I hoped the
change of . climate would help me. As
I found no relief, I -began using Dr.
Williams' Pink Pills. I felt better after
taking a few boxes. I gained several
pounds in weight and took the pills
until cured. I have never been in such
good health aa I am now."
The value of Dr. Williams' Pink Pills
in debility oases lies in their direct re
sponse to the needs of the blood. That
they do this well is shown by the gradual
disappearance of the symptoms and the
return of color and health. They lay
the foundation for permanent health in
the future
A valuable booklet,- "Diseases of -the
Blood," containing fuller information
will be sent free upon request.
Dr. Williams' Pink Pills are sold by
all druggists, or will be sent, postpaid,
on receipt of price, 60 cents per box; six
boxes $2.50, by 'the Dr. Williams Med
Icine Company, Schenectady, N. T.
I!
I'.i
later submitted, but Dr. Lane went out
of office without signing it. and it was
signed by Mayor Simon shortly after
his induction into the position. Since
then, President Joseelyn has repeatedly
asked Mayor Simon and members of the
lighting committee of the Executive
Board to pay the claim, but the Mayor
has advised him to take the case to court,
and will not consent to pay It until such
time as a court may decide the company
is entitled to it.
One especially interesting feature of ths
development in the Importation of hides and
kjns Is found in the fact that nearly one
third of the value of this large total con
llstsnf nat skins
Turkish Baths at
Home Cure Eczema
Take but a Tew Minutes, Cost 2
Cents Each Itching Stops,
Sores Vanish.
Kczema and other skin diseases art
caused by the accumulation of impuri
ties in the tissues and blood. Orugs do
not eliminate this poison. The most
they can do is to ease the pain and
itching for the time being.
The llobinson Thermal or Turkish
Bath has a remarkable effect on
eczema, and all skin troubles. A tre
mendous amount of poison is extracted
from the system through the pores,
whenever a Robinson Thermal Bath is
taken. Cases have been known where
eczema or a bad case of pimples and
boils have been almost entirely cured
after a twenty-minute bath, taken at
home. The terrible itching and burnintr
stops, the blotches heal, and the disease
disappears. .
Remarkable results occur in nearly
every case of rheumatism, lumtiaero.
kidney and blood troubles, dyspepsia,
throat and lung trouble, nervous pros
tration, insomnia and constipation.
Robinson Thermal Baths can now be
taken at home at a cost of but a few
cents each,- and with almost no trouble
at all.
The only way to take these thermal
baths is by the use of the Robinson
Thermal Bath Cabinet. The results are
a real Godsend. If you are sick from
any cause, it will have an almost
miraculous effect upon your system. If
you are well, it will keep you so.
The Robinson Thermal Bath Cabinets
are a remarkable . invention. They are
now on exhibition and for sale in Port
land at Woodard, Clarke & Co.
If you cannot go and see these Rob
inson cabinets, send your name and
address to the Robinson Manufacturing
Company. Suite 000, Snowflake Bldg.,
Toledo, Ohio, for full illustrated infor
mation, free.
BOOKKEEPING
TAUGHT PRIVATELY.
SOI Merchants Trust Bldg.