Morning Oregonian., July 08, 1913, Page 2, Image 2

T
s
THE MORXIXO OREGO.MAX. TUESDAY, JULY 8, 1913.
! NATIONAL BANK IN
PITTSBURG CLOSED
1 BANKS OF COUNTRY
NEW AMBASSADOR TO AUSTRIA APPOINTED BY PRESIDENT
WILSON.
3
(1 nT&'mrt,
SAFE, SAYS Pn'AOOO
a. yjf a, L
ss
' r
is -
Receivers Are Simultaneously
Named for Three Affili
ated Institutions.
Pittsburg Failure Merely Case
of Unsound Banking, De
clares Government.
STEPS TAKEN PROTECTIVE
FIRST-SECOND 'SORE SPOT'
v ' ' v
:
Out
l'nlluro of First-second Bank to
Keep Satisfactory Reserve Causes
Government Action in J. S. and
YV. S. Kuhu's Organizations.
'. PITTSBURG. ' July 7. The Kirst
l Second National Bank of Pittsburg-, the
First National Bank of SlcKecsport, a
I neighboring city; the Amerlean
' Waterworks & Guarantee Company
I and the bank ins-house of J. S. and
XV. S. Kuhn, incorporated, of this city,
; -were forced into the hands of a re
ceivers today, through the failure of
Ihe first-named institution to open Its
; doors this morning.
The losing' of the First-Second Na
' tional Bank was ordered by the Con
u troller of the Currency, T. P. Kane,
after every effort had been made to
1 meet the Government requirements as
to the legal reserve.
The Kuhn banking-house has ex
; tniKlve interests in Irrigation projects
i throughout the West and. mines and
1 street traction systems throughout
i Western Pennsylvania, besides being a
dominant factor In the American
; Waterworks & Guarantee Company.
J Step Are for Vrotectfon.
W. S. Kuhn was president of the
J Virst-Second National Bank, vice
J president and director in the banking-
house and vice-president and director
of the American Waterworks & Guar
5 antee Company, besides being a di
F rector of the McKeesport Bank. J. S.
Kuhn was a director of the First-Sec-!
end Bank and president and' director
"of the American Waterworks & Guar
; antee Company, besides being: a dl
S lector of the McKeesport Bank and
chairman of the board, of directors of
I the banking-house.
When it was learned that the banks
5 would have to suspend business steps
were taken to protect the American
; AVaterworks & Guarantee Company
j and the Kuhns' banking-house, and up-
plication was made in the Federal
; Court this afternoon for a receiver for
both Institutions. '
i June 4 Statement Available.
j No statement of the condition of the
, bank was obtainable subsequent to the
; one issued June 4. That statement
follows:
? Resources.
Loans and discounts
overdrafts, secured and unae-
secured
. TTultd states bonds to secure
g circulation
United States bonds to secure
i l nltrd States deposits
J United ates bond on hand.
Premiums ou United Stales
bond
. PoiKia, securities, etc
- Banking-house, furniture and
T fixtures . i
Othtf real estate owned
Ijue mm Nalmnal banks (not
-. reserve agentH)
T. Duo from state banks and '
3 bankers
Iu from approved -reserve
5 agents
; Chei-ka and other cash items.
m Kxchanges for clearing-house
S rotB of other National bunks
Kractlonal paper currency,
nk-kelH and cents
13.701,901.18
2.5T1.T8
1,000,000.00
171.000.00
JH.000.00
40.121.28
S.540.1!3t.85
176,755.04
1,541, 077. 03
l,lt8,9S7.08
1,316,820.23
4.,-'16.447.V.i
180.078.2S
8D2.230.4
380.000.00
13,237.83
2 Lawful money reserve in bank:
) Fpecle and legal tender notes 1,881,023.00
t jieaemption funa wttti United
5 btutes Treasury (.5 per cent
5 of circulation 1
Due from United States Treas
2 urer, other than 6 per cent
X redemption fund
95.000.0Q
87.500.00
Total ; 38.103,888.60
Liabilities.
rapltel stock paid in S
Surplus .
Undivided profits less expen
ses and taxes paid
National bank notes outstand
ing Due to other National banks.
Due to slate banks and bank
ers Due to trust companies and
savings banks
IMie to apprVd reserve ag'ts.
Dividends unpaid
Individual deposits subject to
check
Tiemand certificates of deposit
Time certificates of deposit..
terllfled checks
CaHhlers' checks outstanding.
United States deposits
Postal savings deposits
8,400.000.00
1,700,000.00
230,068.45
1.882,000.00
0,239,871.82
1,448,118.71
8.712,210.31
2C2.535.41
1.83O.U0
15,103.144.50
3bi,008.03
' 18.01HI.SO
472.880.10
78,210.30
41A.S14.18
10,458.88
? Total , $ 38,103,886.39
Tonight Mr. Kane issued a statement
I in part as follows:
j "A a meeting of the directors of
- the First-Second National Bank held on
Sunday, the condition of the bank, and
; the results of the recent investigation
J of the bank examiner were discussed.
; The directors declared their inability
f to make good the banks' impaired
J capital, and it was decided, that It
would be best for protection of all
I interests to have the Controller of the
Currency take charge. -
; Clearlng-House Refuses.
"The Pittsburg clearing-house com
; inittee, which has been engaged for
! the last four days in going over the
affairs of the bank with the examiners
and in making a careful Investigation
; as to Its condition, refused to furnish
; funds sufficient to warrant the bank
; in keeping its doors open.
J "The officers of the bank have ex
j pressed to the department the belief
that there will ultimately be but little
it any loss to the bank s deDOsltors.'
t The Pittsburg clearing-house tonlsrht
; issued a statement In part as follows:
"The closing of the First-Second Na
; tional Bunk by the Controller of the
l Currency was not entirely unexpected
by this association, and it was there
j fore prepared for the crisis. The mem-
bers of the clearing-house are all in
; good condition, and we believe that the
; banks and trust companies in the City
; of Pittsburg as a whole are prepared
for any emergency."
Run Is Checked.
During the early hours of the day
. a run was made on the Pittsburg Bank
.' lor Savings, another Kuhn institution,
because of the climax of the affairs in
the First-Second National.
: All rdemands up to $50 were paid
; without question, and notice for larger
: amounts was aaked running up to 30,
' 60 and 90 days, according to the amount
' demanded by the depositor. This insti
tution also made a statement that it
had $5,000,000 In cash and quick as-
sets and was prepared for any emer-
. gency. The run was over before the
closing of banking hours, and it is not
. thought any more anxiety over this In
stitution need be felt.
The former First National Bank
which was accredited as one of the
strongest banks in the country, was
- merged with the Second National Bank
last March. At that time Oscar Tellin
formerly of the controller's department
and who was president of the First
National, was made vice-president of
. the combined banks and W. S. Kuhn,
tnen or tne second isationai Bank, was
imide president.
Oovernmesit la Blamed.
Today, upon the closing of the
merged institution, a statement was
. sent broadcast by a press agent for the
Kuhn Interests in which a director of
ml , v -
4 I 5 v t
'-" x ' X
' i v - , ( -
FREDERICK COUBTLASD PEXFIE1D.
WASHINGTON, July 7. President Wilson appointed today as
American Ambassador to Austria-Hungary Frederick. Courtland Pen-field.
the bank, "whose name could not be
used." was quoted as saying the Gov
ernment was unjust and was treating
the bank unfairly. The statement fur.
ther quoted the unnamed director as
say In the Government was responsible
for the merger of the two banks, be
cause it was Hanctloned by Lawrence
Murray, then Controller of the Cur
rency. The statement was almost im
mediately recalled by the distributors
of the report, but the recall in many
places was ignored.
Judge C. P. Orr appointed as receivers
for the J. S. and W. S. Kuhn Company,
incorporated, the two Kuhns and J. K
lJuff, treasurer of the banking house.
For the American Waterworks & Guar
antee Company Tvere appointed J. S. and
W. S. Kuhn,. J. H. Purdy. general man
ager of the company, with, a fourth to
be appointed.
The affairs of the First-Second Na
tional are tonight in the hands of C. C.
Murray, who has been appointed re
ceiver. Bank- men are taking some
reassurance In this appointment be
cause of Mr. Murray's successful wind
ing up of the affairs of the defunct
Allegheny National and Fort Pitt Na
tional banks several years ago. W. S.
Kuhn is at the bedside of his wife, at
Prides Crossing, Mass.
IDAHO PKOOECTS UNAFFECTED
Kuhn Enterprises in West Involving
$16,000,000 Nearly Finished.
BOISE, Idaho, July 7. The failure of
the Kuhns will not directly affect any
of the gigantic enterprises they In
augurated and put through in Idaho.
All are completed or practically so.
The Kuhns have spent $16,000,000 in
irrigation and power undertakings In
the southern part- of the state, re
claiming COO, 000 acres of arable land.
They have immense power plans at Sho-
snone Fails and salmon .rails anu re
cently bought from United States Sen
ator Brady the American Falls plant
for $2,500,000. The Kuhns personally
spent dollar for dollar in Idaho with
the proceeds of the bond sales of the
Idaho projects, -which amounted to
$8,500,000.
RANGES ARE RESTORED
JUDICIOUS USE INCREASES
PACITV FOR CATTLE.
CA-
Check on Overgrazing in National
Forests Shown to Have Had
Beneficial Effect.
- WASHINGTON, ' July' 7. (Special.)
The improved condition of the National
forest range after regulated grazing is
pointed to by experts of the Depart
ment of Agriculture as a demonstra
tion that areas which have been se
verely damaged through, overstocking
by sheep and cattle can be brought
back to their former carrying power
through a system of sufficiently intel
ligent use.
When the Government took charge
of the livestock ranges within the Na
tional forests, some of them were so
badly overgrazed and otherwise In
jured from reckless handling of the
.stock that their grazing value appeared
to have been almost entirely destroyed.
Many of these ranges, however, have
been restored and made as valuable as
ever.
An example of this improvement is
cited In, the Nebo National forest, Utah;
In 1908, when that forest was created
the ranges within the forest boundaries
were found to be badly overgrazed and
trampled because there was a lack of
any control or supervision over the
areas. One of the areas was at that
time estimated to be capable of car
rying only 3000 head of cattle. Now.
through conservative management and
judicious distribution of the cattle over
the ranges and improvements in water
conditions, the carrying capacity of the
range has been increased until, in the
present grazing season, nearly 8000
head of cattle are using this particular
area, and forest officers feel that a few
hundred head more can be safely grazed
there without injury.
NORTH BEACH ATTRACTS
Big Crowds.
xne i a in e oi norm Keacn as a Sum
mer resort ta being shown by the
crowds already flocking there, and the
Inquiries the O.-W. R. & N. passenger
department is receiving concerning this
wonderful beach. Steamer T. J. Potter
made its nrst trip of the. season las
Saturday at 1 P. M., and will leave
daily hereafter at 8 A. M., except Sun
days, ana on Saturday at I P. M.
Reservations can be made at Ash
street dock, or City Ticket Office. Third
and Washington streets. Phones Mar
shall 4500 and A 612L "
ERIE HONORS PERRY
Events of 100 Years Ago Are
Re-enacted in Detail.
TRIUMPHAL ENTRY MADE
Old Conestoga AVagon, Reproduction
of that Which Carried Ammuni
tion to Fleet, Arrives at Dock
"Where Is Rebuilt Niagara,
KRIE, Pa;, July i.ommodore
Oliver Hazaid Perry, impersonated by
Ludwig Meyer, a local business man.
left Fort Anthony Wayne at the Penn
sylvania Soldiers and Sailors' Home to
night, driving over the route followed
by the hero of Put In Bay, and entered
Erie one hour later.
Earlier In the day Perry Square was
the scene of another notable event,
when the Conestoga wagon, a repro
duction of the wagon which carried
ammunition to Perry's squadron a cen
tury ago, arrived after a 500-mile drive
from Philadelphia.
The arrival of the wagon, with its
accompanying guard of United States
cavalryman from Fort Myer, Vt., was
timed to correspond with that of the
original first load of ammunition, and
the route was the same as that covered
100 years ago. At the point on the
harbor front where the rebuilt Ni
agara, Perry's old fighter, lies moored
to the dock, the guard was received
by a detail of naval militia from the
training- ships. The wagon was driven
to the side of the old ship and the
troopers quickly dismounted.
Immediately old-time kegs, presum
ably . filled- with explosives, were
passed from the wagon to the dock
amid the cheers of the crowd. The
National colors were run up to the
masthead and the ceremony was com
pleted by the firing of a commodore
and salute of 13 guns from the naval
training ship Wolverine, lying along
side tne Niagara.
LOS ANGELES REGIME NEW
Mayor Alexander Suceeded by H. H.
Rose, ex-Police Judge.
LOS ANGELES, July 7. Los Angeles
has a new city administration today.
At noon George Alexander, who had
been the city's chief executive for more
than four years. Joined the "ex's" and
H. H. Rose, formerly a police justice,
became mayor.
A new council of nine members of
whom one i3 a Socialist, also took of
fice.
A modified form of commission gov
ernment will prevail. All functions of
the city government will be grouped
into nine divisions and each coun
oilman will be a special committeeman
tor one of the classifications.
The council is required to hold ses
sions every day except Sunday.
CROSSING ACCIDENT FATAL
Nebraska Train lilts Auto, Kills
Women and Injures Two.
WALTHILL. Neb., July 7. Two wom
en are aeaa ana a woman and a man
seriously hurt as the result of a cross
ing accident this afternoon, one mils
south of here, when an automobile con
taining William Denshass, his wife and
two daughters was struck by a Bur
lington passenger train. Mrs. Den
shass and her daughter, Ethel, aged
za. were instantly killed and Mr.
Denshass and daughter. Hazel, seri -
ously injured, the latter suffering from
a fractured skull.
The family resides at Lake Park, la.
LADUKbK bUmtU IN DITCH
C. N. Coleman, of La Grande, Aged
. 60, In Precarious Condition.
LA GRANDE, Or.. July 7. (SDeclal.t
Caiight by a huge slide of earth and
gravel while working in the bottom of
a city pipe main ditch, C. N. Coleman.
aged 60. was so badly Injured today
tnat his condition Is thought to be
extremely orecarious.
He was dug out by companions whom
tne suae missed and was unconscious
for some time. One leg and arm are
rigkl tonight and internal injuries of
a serious nature are feared.
Discrepancies in Statements Given to
Public and to Controller Add
to
Suspicion That Has
Lasted Several Years.
WASHINGTON. July 7. Secretary
McAdoo in a statement tonight de
clared that the general banking condi
tion in Pittsburg, as welt as In the en
tire country, was strong and sound and
that he expected no further trouble as
a result of the failure of the Pittsburg
First-Second National Bank,
'The failure of the Pittsburg bank
is simply a sporadic case of unsound
bank in b: and has no other significance.
the Secretary said. He added tnat tne
receivershlo for this institution re
moved a long-standing "sore spot in
the Pittsburg situation. leaving the
general condition in that city sound.
The Secertary will make a sweeping
investigation of the causes of the fail
ure and probably will call upon the De
partment of Justice to assist the
Treasury In unearthing any possible ir
regularities in connection with the col
lapse. Statement Copies Differ.
It developed tonight that one fact
which drew the critical attention and
suspicion of the Treasury Department
to the bank's condition was a discrep
ancy of nearly $2,000,000 between the
sworn statement to the Controller ot
the Currency as to the bank's condi
tion on June 4 and what should have
been a true cony of this report pub
lished by the bank in the newspapers of
Pittsburg. The law requires every
bank to publish its reports to the Con
troller of the Currency, in response to
his call, in local newspapers, so the
public may know the facts.
The report to the Controller showed
ssets and liabilities aggregating $39.-
997,347.10 each, while as given to the
Pittsburg newspapers for publication
the report placed these totals at $38,
103,886.39. the $1,893,460.71 difference
representing rediscounts or borrowed
money. Officials declared tnat this
was illegal.
Losses May Reach 3,OO0,00O.
Reports to the department indicate
that one-third of the $3,400,000 capital
stock of the bank has been Impaired
and that the surplus and profits have
been wiped out. While details are
lacking estimates based upon the last
report to the Controller of the Cur-
I rency indicate that at this rate the
losses mignt reacn ,uuu,vuu. oecre-
tary McAdoo issued this statement:
"The Acting Controller of the Cur
rency took charge of the First-Second
National Bank of Pittsburg today be
cause its directors, at a meeting held
in Pittsburg yesterday, expressed their
inability to make good an Impairment
of Its capital and decided that the wise
thing for all interests was for the Act
ing Controller to take the situation in
hand. The Pittsburg' Clearing-House
Association, which has had the matter
under consideration for several days,
had in the meantime also decided that
it was inexpedient to furnish the
amount of assistance required to keep
the bank going.
. Bank Held "Sore Spot." -"This
bank, which was handed down
from the last Administration, has for
some time been a sore spot in the local
situation and its liquidation became in
evitable.
"The Kuhns of Pittsburg were in
terested in the First-Second Bank and
also in the First National Bank of
McKeesport. The latter also closed its
doors as the result of the former's
failure. The general banking condi
tion in Pittsburg is sound and no fur
ther trouble with banks is expected.
"The acting controller had no alter
native in the circumstances but to
take charge of the First-Second Na
tional Bank, in order to prevent the
withdrawal of large deposits, which
had already begun and to secure for
the small depositors equal treatment
with the large ones.. Everything will
be done by the acting controller to
further prompt liquidation of the
bank's assets, so that the depositors
may be paid with the least posisble
delay.
"The recent reports of the National
banks to the controller of the cur
rency show a sound and strong con
ditian throughout the country. The
failure of the Pittsburg bank is sim-
ply a sporadic case of- unsound bank
Reserve Deficit $2,145,000.
The critical eyes of the Government
had been in the First National Bank
of Pittsburg for several years and on
the Consolidated First-Second ever
since the amalgamation in March. On
June 9 the legal reserve was deficient
by ?2,145,000,
The report of the First National of
McKeesport, which also closed its
doors today, showed: Capital, $300.
000; surplus and profits, $569,500; in
dividual deposits. $3,444,500: loans.
2,923,000; cash. $221,630.
Alter working for weeks to prevent.
if possible, a receivership for the
First-Second, officials declared that
they gave up the attempt in despair
only after It became known that big
depositors of the bank, who had heard
rumors of its precarious condition, had
oegun to withdraw their deposits. In
order to place the little depositors on
the same footing with the big ones
and accord them equal protection, the
otncials decided to place the institu
tion under Government control.
Responsibility Jiot Placed.
Officials of the Wilson Administra
tion disclaim responsibility for the
merger of the First and Second Na
tional Banks of Pittsburg. They de
clare that the consolidation was au
thorized by the previous -Administration,
and that, although the amalga
mation was not actually accepted until
March 17, Secretary McAdoo had noth
ing to do with it.
During the several years the First
National, previous to its consolidation
with the Second, had been under the
surveillance of the Government, various
I attempts, it is said, had been made to
consolidate it with other banks. Law.
renco O. Murray, ex-Controller of the
Clirrencv. rnmnpilpH th hnnlr turn vanr.
a to "charge off 1,000,000 of its as
aoia aQuM ujr I U 3 VJUVC1 Ul'lCUl L9
precarious. Shortly afterward Mr.
Murray was offered, and virtually ac
cepted, the presidency of the bank, but
the plan fell through and O. L. Telling,
chief of reports divisions of the Con
troller's -office, became Its president.
An attempt later on to consolidate the
Exchange National with the First
brought forth protests from minority
stockholders of the Exchange, which
resulted In the abandonment of the ef
fort By far the largest part of the world's
turquoise comfea from the mines near the
prsiBn city of Xtshapur. where Omar
iChayam was born and lies buried.
i jmm urn 1 mm nv mgm
IB 't7ftki-lWI lli rav,V H-.v.vV WWW
1 teVtffii&ai'f fill
40
$20
mm
60 Suits, val
ues to $30
$12.45
wash Dresses et - fr
at 98tf, $1.49 $1 .Ho
SIXTH AND ALDER
CUBAN CHIEF SHOT
Havana Governor Mortally
Wounds General Riva.
AFFAIR OUTCOME OF RAID
Head of National Police Mred On
by Officials, Who Protested
Against Arrests In Fashion
able Gambling CInb.
(Continued from K!rt Page.)
promenaders, including many women
and children.
Riva Not Expected to Live.
General Riva made a statement that
he was shot by Governor Asbert. An
operation was performed, but he is not
expected to survive.
A warrant has been issued for the
arrest of Asbert and his companions.
The shooting has caused the most in
tense excitetment throughout the city,
All political clubs were ordered closed.
Central Park and the Prado were
patrolled by squads of police who pre
vented any assembling in groups. A
strong force of" rurales is being hel
in reserve.
General Riva is an officer of the reg
ular army. He was appointed chief of
the national police by President Gomes
and reappointed by President Menocal.
Immediately after the shooting Gen
eral Asbert and his companions has
tened to the country resldtnce at Marl
ance of President Menocal, to whom
they made a statement, the purport ot
which has not been given out. Then
the Governor and his friends returned
to Havana and surrendered themselves
to a magistrate, by whom they were
provisionally detained.
General Riva in his ante-mortem
statement declared that he was shot
by Asbert jand Arias.
No Chance Given Riva.
Two witnesses have given testimony
that Riva was shot while he was at
tempting to shelter his sons in the car
riage. He had no chance, according to
these witnesses, to return the fire of
his assailants.
President Menocal summoned a meet
ing of the Cabinet tonight, at which it
was decided to convene immediately the
Supreme Court, In whose charge the ac
cused have been placed. This course
You will find nothing equal to
Chamberlain's Colic, Cholera
and Diarrhoea Remedy for
summer diarrhoea in children
and for the colicky pains to
which children are subject.
It never fails and is pleasant
to take.
"When our little boy, now 7 years
old, was a baby he was cured of cholera
morbus by Chamberlain's Colic, Cholera
and Diarrhoea Remedy, writes Mrs,
Sidney Simmons, Fair Haven, N. Y,
since tnen otner members of my
family have used this valuable medicine
tor cramps, colic and bowel troubles
with zuod a.tisfflr?t1nn nnH T plalv
indorse it as a remedy of . exceptional
.merit". . .
WORRELL'S
Here Are Just a Few Items Picked at Random
See Window Display
Suits, values to
$6.95 1
Every Desired Material
50 Odd Coats now
$1.98
$3.98
only
1 lot Dresses, val
ues to $10
SKIRTS AT HALF PRICE
STREETS
OPPOSITE
was necessary because the assailants -of
General Riva, on account of their of
ficial station, are not amenable to the
ordinary courts.
It is thought that the Supreme Court
will not decide upon Its future action
until after the Cabinet meeting tomor
row. The following -official statement
was given out at the palace:
The city is completely tranquil, but
precautions have been taken to prevent
any further disturbance resulting from
public excitement.
Event Not Political.
'The government is determined to
proceed with the utmost energy in the
defense of order and has no doubt that
the highest tribunal in the republic will
pursue the right course.
The event appears to have no rela
tion to politics, originating from the
suppression of prohibited games in the
General Asbert and General Betan-
court clubs by General Riva."
Late tonight the superior officers of
the army and rurales were summoned
to the palace and received from Presi
dent Menocal personally directions to
insure against any disturbance in any
pajt of the Island.
INJUNCTION SUIT ON TRIAL
Tillamook. Paving Case May Con
tinue All Week.
TILLAMOOK, Or., July 7. (Special.)
The Injunction suit brought by a
$985 31 $985
F.O.B. Oifft F.O.B.
TOLEDO ' TOLEDO
The Overland Automobile is the most popu
lar car in the world today in its price class.
40,000 automobiles is the production of the
Willys-Overland plant this year. This is the
gTeatest business in dollars and cents ever
done in the history of the industry.
If our cars did not give more value for less money
than other cars, this immense business would not be
possible.
People buy where they get the most for the least
money, and where at least twenty-five per cent can be
saved it is always worth consideration.
A striking example of this is our Model 69-T lor
$985.
This thirty-horsepower touring car by actual point
for point comparison will duplicate any $1200 car
made. It has the power, size, finish, comfort and com
pleteness. If you can't pay cash, we will give you terms.
J. W. Leavitt & Co.
Pacific Coast Distributers
529-531 WASHINGTON ST., PORTLAND, OREGON
$75,000
Stock at
Sacrifice Prices
Interest Intense
Shopping Eager
Values Phenomenal
EVERYTHING GOING
Lease, Stock and Fixtures for Sale
5.Sffl.te'...ue.s..,..$9.95
Every Popular Style
30 Odd Coats now
only
100 Dresses, val
ues to $20
$3.98
$6.95
SAMPLE CLOAKS
AND SUITS
OREGONIAN OFFICE
number of citizens to restrain the City
Council from making an assessment on
their property for street pavement con
structed by the Warren Construction
Company was up today for hearing be
fore Judge Campbell, with a large ar
ray of attorneys from .Portland, Hills
boro and Salem. It is contended that
the pavement does not comply with the
specifications and the citizens charge
collusion and graft in awarding the
contract and in the laying of the pave
ment. Engineer Richardson was on the
stand most of the day. It is thought
it will take a week to argue the case.
Bis; Ontario Elevator Burns.
PORT HURON. Mich.. July 7. The
plant of the Point Edward Elevator
Company, located north of Sarnia, Ont.,
on the St. Claire River, was burned to
day, causing a property los3 estimated
at i350,000, partly covered by insur
ance. About 60,000 bushels of wheat
and 220,000 bushels of oats were burned.
The origin of the fire has not been de
termined. Parcel Post Goes C. O. D.
VANCOUVER, Wash., July 7. (Spe
cial.) The first C. O. D. parcel post
package passed through the local of
fice yesterday, reaching its destination.
The new law permitting the sending of
packages C. O. D. became operative
July 1.
Edlefsen guarantees good fuel.