TnE MORXIXG OliEGOXIAX, MONDAY, JANUARY 16, 1911.
13
DOCKCOUU
AFTER KNOWLEDGE
Board Will Hire Expert to Map
Out New Water-Front
for Portland.
'FUNDS ARE NOT AVAILABLE
Body Has Not IMre of rtK Slmp
Now. and Will Make No Pur-
rtM Cntll Aftrr Englnwr
Makr Hla 1 1-port.
When ajked retMr for
opinion rerardlnj the plan proposed by
J. P. Newell and C. II. Ooett to -
tabltah a dock yitem In the channel on
one aide of Swan Island. Ben Selling
and H. I Corbett. of the Portland Dock
Commission, said yesterday they would
not favor taking; any action regarding
the establishment of any kind of a dock
intern until after they received a re
port from the engineer the commission
la clanninr to hire to map out a new
waterfront system. It Is the -plan of
the Commissioners to let their work
rest until the engineer haa made i
studr of local conditions, and tha
means that there will be no property
bought for a public dork for Portland
this rear.
"The Commission will not consider
any plan for public docks until we nave
the opinion of an expert engineer, saia
Ir. Selling. "It is too big a matter
rrzAjiEB nrrtiuswci
Dm ts Arrive.
Name From Data
Alllaaca turlr. ..... J port
adviI Handia In p-rt
Hanrlk Ibaaa..hoakons;....In port
ftaavr -n Padra... In p-rt
Praaaaat, ooa Har....ln port
Sua H CmociTmunoot.... Jan- I
Ga W. Kldar.tan Padr. .. Jan. 1
Golden Oete..Tiilemook.... Jea. 17
Roaa City f.n t'tdra... J
t Falcon. ...... .i KranclaaJan.
f VtoaaoB. ...... baa J,dro... Jan.
e BMvtr Ja ydro. . . J to.
Sekedaled U Denart.
Kama
Hnrik Ib
Alliance. ..
Anv.. ,
rr. . . . . .
For.
-Pona-kong. ..
, rurki. ...
. . ....
San Prra. .
. fpin Bay . .
Boa H Elmore. Tli:anonk. .
ceo. v tmar. .pin radro
Ooio Caie....TiUamoolt.
ftoaa Cllx......aa Padre
Falcn ........ Jian Kran-ac Jan.
Roanoke. ...... Fan P,dro. .. Jan.
Ba,e Can I'ailra. .. Jan.
Data.
Jan. I.
Jan.
Jan.
Jmr.
Jan.
Jan.
Jan.
Jan.
Jan.
1?
IS
1 1
IT
IT
1
i
11
1 1
31
27
for us to go Into until we thoroughly
understand the situation.
H. L. Corbett. when aaked for an
opinion, replied that he did not think
It right for a member of the Com man
sion to be quoted In regard to the mat
ter until tl.e engineer had made hla
report.
Although the Commission has author
ity to sell bonds for I2.io0.0oe for Its
use. at present It does not have a cent
with whlrh to pay even for postage
stamps. The Commission may be forced
to sell a small block of stock soon to
meet various small expenses, or It may
arrange to have the money advanced
from the general fund of the city until
a sale l mad.
Secretary Cll'ner la sending to vari
ous porta rniist for Information
about their public flocks, and especially
for Information regarding where an
expert engineer ran be obtained.
Among the places Mr. Gilmer will ap
ply for Information will be San Fran
cisco, Oakland and San Diego, CaU
where the docks are under the control
of a state harbor board.
BREAKWATER ARRIVES EARLY
Five) Hours Abend of Timet Vcaset Xot
Met With Customary Crowd.
Driving against a southwest gale on
tier way to Coos Bay from Portland, and
returning against a disagreeable nor
therly wind did not prevent the steamer
Breakwater from arriving here yeeter
day about five hours ahead of her
usual time.
It was Just 13:30 P. M. when the
Breakwater came abreast of the Alaska
dock, but being so much ahead of her
usual arriving time, there was not the
customary number of people on the
dork awaiting her.
"We made quick time going down
and back.' said Captain Margenn. com
manding the Breakwater, "and we lost
no time at the bar. We arrived at Coos
Bay at 3 o'clock In the morning and
passed at once Into the bay. We spent
a short tlma at Astoria on our south
ward trip, but did not remain long
coming back. We experienced quite a
anow storm on our way to Coos Bay."
The Breakwater brought SO passen
gers and a load of freight. 200 tons of
which were coal.
yesterday, taking Commander Ellicott
with her as fur as Astoria.
C F. Bwlgert. of the Port of Portland
who haa been Kast for some time, was
due to leave for borne yesterday and
probably will arrive bare the latter part
of the week.
Tha steamer Geo. W. Elder will not
arrive until some time today, owing- to
being several hours late In leaving 5an
Francisco for this port.
Movements of Veaaela.
rORTU.VP. Jan. IS. Arrived Ptaamer
Fraaaaalar. from Cooa Bay. oallad fitaam
Lblo Manzantta. for Tillamook Rock.
Astoria. Or.. Jan. 15. Condition at the
mouth of the liver at A P. II.. smooth; wind,
aasl. 2 mllea; araihcr. cloudy. Arrle4
dost at mldnlsht British ship PollaJloch.
Arrived at and left up at 4.30 A. M
hieamer Breakwater, from Cooe Bay. Ar
rived at 2 A. M. Slamr F. K. l-e(relt.
from haa Francisco, balled at A. al.
Vtramora ftaimer and fchoshone. for Ban
Francisco; steamer abasta. for tan Pedro.
Failed at 9 30 A. M British ahlp Scottish
Af.nra, for Quaanstowa or Kalmouth.
San Kranctaco. Jan. 13 hailed at 5 A.
!. oteamer Nome I'lty. for San Pedro. Ar
rived at 11 A. M. Steamer Rosa CUT. from
ban Pedro. Sailed iaat night Sleamar
Tnoe. U Wand, far Portland.
Point Loboa. Jan. IS. 1'asaed at 0 A. M.
Ktoamer J. A. Chaoslor. from Portland, tor
Monterey.
an Pedro. Jan. 15 Arrived yesterday
Schooner Kins Cyrus, from Columbia River.
I-oa Angeles. Jan. l.V Arrived National
City, from Port Brass; San Pedro, from
Eureka; Helen P. Draw, from Greenwood.
Called Centralis, for Grays Harbor; Helen
f. Drew and Orient, or Ban Diego.
Seattle. Wash.. Jan. IS. Arrived steam
er Jefferson, from Skacaray; eteamer Prince
Georee. from eprlnce Rupert; steamer City of
Puebla. from Kan Kranclsco; steamer orm
land, from Sitka. Sailed Steamer Guernsey
fi .Mukllteo: steamer Prince George, V
Portland Canal: steamer city of Puebla.
lor Vancouver, B. C
MARKE
T IS BETTER
Stocks and Securities
Seeing Change.
Now
ENTHUSIASM IS AWAKENED
Closing Month of Old Year Display.
Healthful Tone) Present Year Is
a
Expected to Witness Improved
Bond MarketDemand Good.
Merchants National Bank
Portland, Oregon
U at ted States Depository.
Capital and Surplns $350,000.00
Accounts of Banks, Corporations,
Firms and Individuals Invited.
We have every facility for the handling of Com
mercial Accounts and extend to Depositors
every accommodation consistent with
Sound and Progressive Banking.
3:71 A. M.
1.40 P. at.
Tides at Asterla Monday.
High.
Lore.
T.T feet'S:"! A. M 8.1 fet
OS feet:8 ST P. M....-L4 feat
PLAY GIVEN IN DANISH
ACTOR FROM COPLXlUCEN' AP-
rEAItS IJEFOIIK COCXTRYMEX.
American SlapMlrk Comedy Hard to
Vnderstand. Says Performer Whom
Kings Have Heard.
Having; performed In the Royal The
ater of Copenhagen for many years. In
the presence frequently of royalty. Jo
hannes Hersklnd, playwright, actor and
vocalist, leave a performance Saturday
night In Danish, before the Danes of
Portland. In Danla Hall. Russell street.
Mr. Hersklnd Is fresh from Copenhagen
and this is bis first trip to Portland,
although ha haa paid visits to this
country three times during; his career
as an aetor. which datea back 30 years.
"Your theaters are very fine in this
country, said Mr. Hersklnd yesterday.
"You are so different. We Danes all
enjoy the play, but not your way. W
ova the sentimental. Just like you. e
olios the lines of comedy, but your
comic oera 1 not what do you call
-'understanding;.' e Danes like
American plays when not too funny.
We have had in the Royal Theater.
When We Were Twenty-one,' 'Dollar
Princess' and Tha Prince of Pllsen.'
The Prince of Pllsen" hit the Dane be-
ween the ribs and he laughed much.
But aa a rule we cannot understand
your 'slapstick I near one American
call It that comedy. are lovers of
ha music. We like the things that
play with ...e souls and make you feel
way down In your heart. That la the
Dane play.
Then we believe in history ror piays.
Americans have accepted one or our
anlsh plays. The Revolutionary wea
iina.' It Is bv SohDus Mlchaelis. and
was presented In' New Tork last Win
ter. It has much tnougni in 11.
When a Dane noes upon uia stage.
nless he Is to appear In hlnh comedy,
a la verv verr serious. We are serious
eople, but at the same time the Dane
s very happy and loves a little bit of
fun once in a while.
I like you Americans. ou run so
fast. My. It Just takes my breath away
o keep up with you. were everyoouy
runs to your nreaaiasi. 10 ur cumm
and to vour train. It's funny to see
ou and you s;et, what you can n me
money when you run. Europe is not
so fast. It takes more lime.
Durtna; his stay in the city nennna
as been the sruest of professor Emll
Knna. the musician.
Alliance Repairs Come Slow.
Repairing- the steamer Alliance at ths
Port of Portland drydock la progressing
more slowly than was expected, and In
stead of getting; off the dm-k today, she
probably will remain there for two or
three days more. The steamer recently
sprung a leak In a storm while coming
from Eureka and Coos Bay. After be
ing taken off the dryjork. it was dis
covered that she was still leaking and
ahe was returned to the drydock Friday.
As soon as she Is released from the
drydock she will load for Eureka and
Cooa Bay. It had been planned to have
a force of men working on the veaael
yesterday, but no work was done on
her.
llenrik Ihsrn Sails Today.
leading of the steamer Henrlk Ibsen
was harried yesterday, and last night
It waa announced that the vessel would
be ready to sail for the Orient at
o'clock today. The Ibsen will carry
about looe tons of wheat. Soo tone of
flour and &0.00O feet of lumber. She
waa loading flour yesterdsy at the Port
land Flouring Mills. It had been ex
pected to have the Ibsen sail yesterday,
but It waa not possible to get her car so
aboard In time.
Marine Notes.
The steam schooner F. H. Liggett ar
rived at Astoria yesterday from San
rr a nclaro and will go to Tongua Point to
load lumber.
Work of caulking the dredge Columbia
at the Port of Portland drydock baa been
t oir.pleted and the veseel will be off the
drydock by Tuesday.
The lighthouse tendi-r Heather Is deliv
ering supplies to lighthourvs off the
Washington coast. 0he left Seattle Bel
li r day for that purpose.
Tut Tillamook Rock to deliver supplies,
the lighthouse tender Manxantta sailed
PERSONALMENTION.
F. J. I-alrd. of Lebanon. Is at the
Oregon.
XT. A. Wllshlre. of Ashland, is at ins
mperlaL
S. R. Smith, of Coos Bay. as at me
Portland.
Henry Cutler, of Lowell. Is at the
Cornelius.
A. R. McCombs. of Marshfleld, Is at
the Imperial.
Mr. and Mrs. George H. Oeorge are at
the Portland.
W. K. Sturdevant, of The Dalles, is at
the Cornelius. i
Mrs. K. L. Shelton, of Taeoma. la stay
ing at the Kamapo.
J. U. Bratton. of Goldendale. Waslv,
is at the Itamapo.
J. D. Murphy, of Grass Valley. Is reg
istered at the Perkins.
W. E. Harnold. of Eugene, is regis
tered at the Ramapo.
C , W. Mallett. of Ontario, ej reg
istered at the Imperial.
P. Fuerst, of Mount Angel, la reg
istered at the Cornelius.
Mr. and Mrs. C. J. Allison, of Seattle,
are staying at the Lenox.
J. H. Taylor and W. A. Turner, of
Taeoma. are at the Lenox.
E. E. Lyons and family, of Bandon.
are staying at the Perkins.
A M. Perry and C E. Broadbent. of
.Myrtle Point, are at the Lenox.
Mr. and Mrs. w. R. Kalney, of Tha
Dalle, are staying at the Portland.
Mr. ar.d Mrs. William Stanley, of
Roseburg. are staying at the Oregon.
Charles W. Baker and J. J. Foley, of
La Grande, are reglstjrea at me ore
(On.
SA.V FRANCISCO. Jan. 1. (Special.)
Portland arrivals at the Palace Hotel
todar were L A. Lewis and L. W.
Prims.
CHICAGO, Jan. 15. (Special.) Ore
gon residents who registered at Chlca
ko hotels today are:
From Portland C. A. Farrar. at tha
Congress; Elmer Dover, at the Black-
stone; N. B. Oregg. at the I-a bane: r .
Todd, at the Kalserhof: Misa L. Robin
son. at the lire tel.
From Coos Bay R. M. Jennings, at
the Congress,
Cottage Grove Buyers Active.
COTTAGE GROVE. Or.. Jan. 15.
(Special.) Plana are being arranged
by a number of local buyers purpos
ing to organize a Consumers' Pro
tective Association, with Its members
pledged to purchase no necesaarv or
staple aril, lea unless prices conform
with Portland retail quotations. The
Merchants' Protective Association Is
expected to meet these demands, and
are also arranging to establish a rash
market for all marketable products of
the farm.
The drugstore with a reputation Is a
safe one. Don't forget that. Plumtner's
la the safe one. Third and Madison sts.
Iellverios free ail over Portland.
BT SPENCER TRASK CO.
The security markets and more partic
ularly the stock market, have felt In the
month Just passed the force of conflicting
Influences. The stock market began the
month while still under the shadow of
the pessimistic Interview of Mr. Hill
which had been published in the closing
days of November. It was not that Mr.
Hill had said anything that was not al
ready known to those who give thought
to such matters, but that a man of such
prominence should express the view that
the country waa facing a period of se
rero depression was of Itself sufficient at
once to arrest and focus attention on the
situation.
Mr. Hill is looked upon as being a par
ticularly close student of economic ques
tions. He may have been over-pessimistic,
but that Is something which the fu
ture alone can definitely decide. In any
case, the effect on the stock market was
to chill enthusiasm and to arrest the
plans of those operating on what Is called
the "constructive." or bullish side of the
market.
Taft's Meonage Feature.
The next noteworthy occurrence was
President Taft'a annual message to Con
gress. The message waa accepted as the
most satisfactory which had appeared In
the last eight years, and. amongst other
admirable recommendations, embodied
the suggestion that the country has
enough laws and that what it needs now
la not more laws, but a better apprecia
tion and application of thoae already on
the books.
Another factor of importance was the
long-expected decision of the Circuit I
Court of the United States in what la
known as the coal trust case. In this
case the court delivered the opinion that
there existed no illegal combination
amongst producers snd transporters to
regulate the price and aale of anthracite
coal, and although an Injunction was Is
sued against the Temple Coal & Iron
Company, which acted as a distributing
agency, on the whole the decision was
considered fair to all Interests.
On the other hand, the market had to
contend with the renewed activity on
the part of the Attorney-General of the
Vnlted States In Instituting further pro
ceedings against the American Sugar
Refining Company, and with the an
nouncement that preparations were on
the way for prosecuting subsidiary com
panies of the General Electric and West
lnghotise Electric & Manufacturing com
panies, on the ground of Infringement
of the Sherman law.
Freah Attacks Are Disconcerting.
The methods of the American Sugar
Refining Company have already received
such severe condemnation that these
fresh attacks are disconcerting only on
account of the spirit of aggressiveness
which is still shown by certain arms of
the Government. The proposed suit
against the so-called "electrical trust" is
more Important. Involving as It does the
right of corporations to control certain
lines of trade through Interchange of
patents. Thla point is on of great mo
ment and developments In the case will
consequently be watched very closely.
Bearln? these conflicting Influences in
mind, the small volume of trading In
j stock." on the exjh.ir.pe In not surprising
it la even ine oeai imng mat iuuiu
happen under the circumstances.
Turning to the question of the bond
market, it Is pleasant to record that the
closing month of the year displayed a
distinctly better tone. December began
with a declining tendency, but gradually
an Improvement set In, and In the days
preceding Christmas week the volume of
business was larger than It had been for
some time.
It may be of Interest at this time and
Juncture to cast a look back over the
year Just past and to make a few com
parisons with the previous year.
Taking for one thing the record of 30
railroad dividend-paying stocks. They
have fallen from a high awage on Jan
uary S. imo. of 137H to about 121 on De
cember 81, or a decline of aome 16 points.
The low for the year was registered In
July at 113, or more than 26 points below
the high record early In the year.
If the course of 12 Industrial dividend-
paying common stocks is examined there
is found only a sJightly better situation
the average high for the year having
been l'V the low 81. and about 91 at the
close of the year, a fall of respectively
and 12 points.
Strong Argument Cited.
Compared with these figures, the rela
tively small decline in the bond market
Is a strong argument In favor of its pow
ers of resistance. Here we see that the
high and low prices of 25 representative
Issues of bonds show an extreme fluc
tuation of less than points for the
whole year, the average at the end of
December being down from January less
than 14 points. It should, however, be
pointed out that this firmness was at the
expense of activity, the total recorded
sales for the year having been less than
half of what they were In 1.
In the present year the outlook la that
there shall be seen a better bond market,
as trade is unquestionably slowing down.
nd with less activity in the industrial
world money should gradually accumu
late. Nevertheless the situation needs
delicate handling, because. If the moment
a better feeling manifests Itself all kinds
of new Issues are thrown on the market,
we are likely to sre a repetition of what
happened last March. At that time
bonds were being gradually absorbed in
considerable quantities. Evidently to
take advantage of the situation and pos
sibly to forestall less favorable condi
tions, railroad and Industrial corpora
tions hastened to market their Issues,
with the result that nearly 1300,000,000
of new bonds were thrust upon the mar
ket alone In the one month of March.
As could easily have been foreseen, thla
proved too much of a burden, and from
then on until August prices weakened
with hardly any recovery worth men
tioning. Now that a nascent demand Is distinct
ly felt. It is hoped that a similar occur
rence may not again disturb the gradual J
Improvement. If due consideration Is
exercised In this regard. It Is the opinion
that bonds will be sought by Institutions
and investors and that gradually new is
sues will . be placed on advantageous
terms. With floating Indebtedness cared
for, the corporations would breathe more
easily and would And thamselves In a
stronger position to face the Increased
demands of trade once our general
economic position la in a better condition.
Better Relations Are Crged.
ELGIN. Or.. Jan. IS. (Special.) An
open meeting for the purpose of estab
lishing a more friendly feeling between
the farmers and merchants of Elgin
waa held at the Opera-house yesterday
afternoon. The principal talks were to
First National Bant
Capital $1,500,000
Surplus 750,000
Oldest National Bank West of tha
Rocky Mountains
show the merchants that the Farmers'
TTnlon was not In the least opposing
them, and that It would be to the
benefit of both farmers and merchant
if their organizations should work in
conjunction with each other.
TRAINS NOW USE TUNNEL
Permanent Service Is Inaognrated
Through Peninsula Bore.
Train service through the new
Peninsula tunnel was Inaugurated sue
cessfuliy yesterday morning and con
tinues uninterrupted.
The Oregon-Washington Railroad &
Navigation Company's "Owl." operating
between Portland and Puget Sound
entered the south portal at 12:15 yes
terday morning, thus marking the be
ginning of regular passenger and
freight traffic. Conductor Holllday
and Engineer Doran were In charge of
the train and locomotive respectively.
Speed was not attempted on this first
trip. The movement was perfectly
gauged. The train passed out through
the north portal about ten minutes
after It entered on the other side.
All the other trains then operated
through the bore the remainder of the
day.
Although the new service will cut off
at least 20 minutes of the running time
between the Union Depot and the Co
lumbla River, the new time card does
not provide for the elimination of thla
time. As soon as the exact length of
time that will be required for the run
can be computed a new schedule will
be competed.
Rivers, near the property and within
the city limits. Whitman Gowdy, one
of the pioneer residents of Cottage
Grove, is, by Covernment grant, owner
of that portion of the claim nearest t..e
city.
QUICKSILVER MINE FOUND
Big Body of Cinnebar Discovered
Xear Cottage Grove.
COTTAGE GROVE. Or.. Jan. 15.
(Special.) An extensive body of cln
nebar ore has been discovered at Gow
dvville, almost within the city limits
of Cottage Grove. Great bluffs of the
ore are In slgty of the public road
south of the Odfellows' Cemetery. The
big fissure vein runs diagonally across
the southwestern portion of the burial
place and on across the mountain where
mammoth boulders are broken and have
lid down the mountain side.
The discovery was made by Lew A.
Cates, who accidentally stumbled over
a piece of the rock, containing mer
curie sulphides, visible to the naked
eye. while he was in that vicinity De
cember 24, to gather a Christmas tree
for a child friend.
Mr. Cates will call the property the
Tuletlde mine, and Is planning to or
ganize the Tuletide Mining. Milling &
Reduction Company, negotiations for
options to the land being under way.
Unlimited quantities of the treated
ores can be used for filling low grounds
and dyking Silk Creek and Coast Fork
A CONSERVATIVE CUSTODIAN
HIBERNIA
SAVINGS
BANK
DOES A
General Banking
Business
Pays Interest on Savings
and Time Deposits
Cor. Second aad Washington Sts.
Portland, Oregon
Antlers Club Forms at Cottage Grove.
COTTAGE GROVE. Or., Jan. 15.
(Special.) The Antlers Club has been
organized with a membership of 65
prominent citizens, to meet every
Thursday evening.' The officers of the
new organization are Lew A. Cates,
president; C. W. Wallace, secretary; F.
H. Hall, treasurer; A. S. Mason, chap
lain.
Edlefsen delivers at present sootless
nam coal rnr 110. Kast 3"3. C 2303.
TRAVELER'S GUIDE.
LOSDON HAMBURG
tPRES. GRANT Jan. 2?. 9 A. M.
PENNSYLVANIA Feb. 8. 1 P. M.
TKAIMBIN ALU, VIC reft. 1J. 10 A. M.
f PRES. LINCOIJif Feb. IS. 1 r. M.
ffnexcelled Rlts-Csrlton a la Carte Restau
rant. Gymnasium. Elec. Baths. Elovator.
Palm Garden. "Second Cabin only. IHara-
bu-t; direct. (Hamburg via Cherbourg.
GIBRALTAR. ALGIERS, NAPLES, GENOA
By new 17.000-ton steamers, equipped with
an modern aarety appllancea. Klectrlc atna.
uymnasium. kjievator, etc
8. 8. CLEVELAND Jan. IS. 11 A. M.
ti, 8. CINCINNATI leb. 14, -Marrh 28
IS. 8. RATA VIA March
Naples and Genoa only.
ajJS. -rMaatr "all nrceuarr expenses.
!c Will take yon
AROUND
- the WORLD
la Lsinrr aad Comfort.
vlsltlns; Lisbon. Spain. Italy. Eirrpt.
India. Ceylon. Straits Settlements. Java.
Philippines. China, Japan. Sandwich
islands ana overland American Tour.
110 DAYS' DURATION.
By the Twin-Screw steamship CLEVE
LAND (lT.OftO tons). T'lrat cruise
leavvlna; ftew lork November 1. 1011.
Second cruise leaving; San Francisco
February 17, IB IS.
Other cruises to the Orient West In
dies, south America, Up the Mle. etc
Bend for Illustrated Booklets.
HAMBURG-AMERICAN LINE.
ISO Powell St.. San Francisco. Cel..
or local K R. Agents.
HONOLULU AND THE VOLCANO
THK TRIP MOST C'OMPETXINO. and
worth while, exrelhnjr all others for novelty
and pleasure, ihe volcano of Kilauwa. the
largest tn th world. Is tremendously active
now. It Is possible to make this desirable i
trip with SPEED and comfort and the price '
Is low. $110. first-class, San Francisco to
Honolulu and bark, and 45.60 for side trio
from Honolulu to volcano, including; rail
and auto to KUauea: hotel at HIlo. also
Volcano House. No other trip compares with
this. Jtfe sure to visit the islands ana uo it ,
NOw. whils the volcano Is active. B. 8.
SIERRA (10,000 tons displacement) sails j
Feb. 4. Feb. 25, March 18. Write or wlr
OCKAXIC 8. 8. CO.. ' '
673 Market Street, San JFraJicUco.
San Francisco, Los Anjelu anJ
San Diego Direct
North Paclflo a. 8. Co.-a 8. a. Roaan.
aad S. 8. Elder sail every Wednaada,
uarastel? at P. M. ZMiket actio 14J
JUlro L. eaar Alder.
ILAatTLX J. HlOLEr. Faseeas;., Asaa
w. st. L.ieeiktf. t rricut Agatu.
1-boiiM aa. KM. A 13 14-
To get the
r e a 1
truth
about pave
ments, ask
the-man who
has paid for
BITUL1THIC
STEAMER ANVIL
H'lXfj POSITIVELY SAJI, FROM ALBEltS
DOCK TUESDAY EVENING, JAN 17, ft P3L
For Bandon. calling; at Tillamook. Bar
City. Newport. Florence ana coos ay.
Freight received itn to 3 P. M. date of sail
ing;. Passengers for special trip called fir j
at 3 r". M. uiK-iiret, aociu raouei at am
161. A 190i
SAV FRANCISCO ft PORTLAND S3. CO.
New service to Los Angeles via, San Fran- ,
elsro every live ays.
From aV Ins worth Dock. Portland. 4 P. M.
$.8. ar Jan. 17. Rose City 22. Beaver 27.
From San Francisco, Northbound, 12 M.
8.S. Rose City Jan. 16, Beaver 21, Bear 26.
From San Pedro, Northbound.
8.S. Beaver Jan. 10. Bear 24, Ron City 29.
11. O. Smith, t. T. A., 143 Third fet.
J. W. Ransom, Agent, Ains worth Dock.
Fhonesi Main 403, S86; A 1402.
S.S. Golden Gate for Til
lamook, Bay City and
Garibaldi
Leaves Wash.-st. dock Tm"ir t S Pl
Freight and Passengers.
Phone Main 8619. A 246S.
COOS BAY LINE
STEAMER BBEAKTVATEB sails from
Alaaka dock. Portland. P. M. Deo. IS. 20.
II. Jan. S. 10. IT, X. U. Feb. 7. 14, 21. 2M aad
vary xvesuay msnc loareanor aunsf ta.
Winter. Fralsnt received at Alaska Dock,
antll P. at dally. rasatneer rare nrst-
claaa, 110; second-class. luoludlna; meals
and berth. Tickets oa aale at Aloawarta
Dock. Phonaa Ualn 26a, 'A 1234:
STATEMENT OF CONDITION OF
THE BANK OF CALIFORNIA, N. A.
SAN FRANCISCO
V
Including Its Branches in Portland,
Seattle, Taeoma and Virginia City
At Close of Business January 7, 1911
ASSETS
Loans and discounts $27,539,450.64
Bank Premises (San Francisco and Branches) 1,144,112.95
Other real estate 480,000.00
Customers' liability under letters of credit 4,048,179.87
Sundry bonds and stocks 4,160.103.15
United States bonds to secure circulation 5,050,000.00
Other United States bonds 285.000.00
Redemption fund with United States Treasurer 250,000.00
Cash and Sight Exchange 13,925,025.75
- i.i
$50,881,872.36
LIABILITIES
Capital paid in gold coin $ 8,500,000.00
Surplus and unidivided profits 7.914.401.80
Circulation 4,999,225.00
Letters of credit 4,289,072.75
Other liabilities 365,906.84
Deposits 30,813,265.97
$56,881,872.36
PORTLAND BRANCH
Temporary Office, N. E. Corner Second and Stark Sts.
Tf. A. Macrae, Manager. J. T. Burtchaell, Assistant Manager.
lumbermens
National Bank
CORNER FIFTH AND STARK STREETS
Capital $500,000
OFFICERS
G. K. Wentworth, President
John A. Keating, Vice-President.
Geo. L. McPherson, Vice
President. F. A. Freeman, Asst. Cashier.
Graham Dukehart, Assistant
Cashier.
DIRECTORS
G. K. ft'entvrorth,
Chas. S. Russell,
P. S. Brumby,
Dr. K. A. .T. MaeKenzie,
George G. Bingham,
Llovd J. "Wentworth,
J. E. Wheeler.
Geo. L. McPherson,
John A. Keating,
Robert Treat Piatt
E. G. Crawford.
Condensed Report of the Condition of the
Banking Departmeni of
HARTMAN 8 THOMPSON
BANKERS
At the Close of Business January 7, 1911
RESOURCES
. Loans and Discounts-
Stocks and Bonds
Real Estate
Furniture and Fixtures . .
Cash on Hand and Due from Banks
LIABILITIES.
Capital
Surplus and Undivided Profits
Deposits
...$172,856.41
... 116,282.00
. . . 28,575.25
... 16,984.64
... 114,658.21
$449,356.51
...$100,000.00
. . . 27,913.84
... 321,442.67
$449,356.51
Portland Trust Co.
of Oregon
Capital, - $300,000
Surplus and Profile), 75,000
4 per cent interest paid on savings deposits,
computed semi-annually.
Accounts of individuals, firms and corpora
tions invited.
H. L. Pittock, President.
F. W. Leadbetter, Vice-President.
Emery Olmstead, Vice-President and Manager.
A. S. Nichols, Vice-President.
B. Lee Paget, Secretary.
Bank Notice
Security Savings and Trust Company
Corbett Building. Fifth and Morrison Strsoti
Capital and Surplus $953,003
Invites Accounts oc
Merchants, Individuals and Savin;)
4