THE JIOKXIXG OREGOXIAX. THURSDAY, APRIL 2, 1914. HEW BANK RESERVE NEAR $100100,099 Actual Working Capital Under Law, However, May Be Only Half That Amount. DEPOSITS SHOW INCREASE .National Institutions Demonstrated by Statement Made Under Call of March 4 to Be In Good 1 ' Shape to Meet Change. "WASHINGTON, April 1. The new Federal reserve banking system will start business with a total authorized capital of about $100,000,000 for all re serve banks. This fact became appar ' ent tonight when figures were made public from all National banks respond ing to the last call of the Comptroller of the Currency, made March 4. The total capital and surplus of the 7494 National banks reporting, was eiven at about 1 1,788,000.000. Under the reserve act each National bank must subscribe six per cent of its capital and surplus to the capital of the reserve bank in its district and six per cent of th's total would be about $107,000,000. There were only 7465 National banks "Who signified in the legal time their intention to enter the system, so that the total would be somewhat reduced, but the entrance into the system of state banks and trust companies will tend to offset this, and it is possible that with these institutions figures in the capital of all reserve banks will be near $110,000,000. Actual Amount May Be Half. The actual working capital of all the banks may reach only half thisamount for the law provides mandatory sub scriptions of three-sixths of the total six per cent. The reserve board, the machine which will direct the system, however, is authorized to demand the payment of the other three-sixths. The statement today s'.iows National banks in excellent condition to meet the demands of the new law. Some ob servers were surprised by the fact that loans and discounts have Increased in stead of being curtailed. Loans and discounts on March 4. 1914, amounted to $$.357,535,898, a gain over January 13, 1914. the time of the last call, of $182, 130.936. Subscribing banks must begin pay ment for their reserve bank stock 30 days after the announcement of the dis tricts and reserve cities, and it was be lieved in some quarters that 'today's statement might show a decrease , in loans and discounts because of this impending announcement. Deposits Also Increase. The loans and discounts increase, taken together with the fact that ln dlv'dual deposits increased in the same period by more than $39,000,000, was said to be the best indication that the National banks are in shape to meet the demands of the new system. According to the statement, the re sources and liabilities of the National bank3 are $11,564,497,260; their capital stock is $1,056,482,120 and their indi vidual deposits $6,111,328,457. Their re serves were put at $1,547,592,375, an average of 20.62 per cent, and $47,529, 429 above the amount required by law. The cash in banks decreased since Jan uary 1914. about $14,000,000, but in creased over April, 1913, about $80,- oon. ooo. Ten new banks were authorized dur ing March to begin business and since the currency act was signed there have been 184 applications for conversion Into. National banks or for entrance Into the new system as state institutions. SCHOOL PLAN DISCUSSED Molalla. Citizens to Be Asked for Bonds for Union Institution. MOLALLA, Or., April 1. (Special.) An enthusiastic school meeting was held at the schoolhouse Monday night and the practicability of erecting a , now schoolhouse at once was discussed. A vote was taken as to whether the , district should be bonded or not and cnly two present voted against the proposition. The question of the class of school to be erected was taken up and by two-thirds majority vote it was decided to go before the district end ask that bonds not to exceed $22, 000 be issued and a. concrete school building be erected. It Is the ita.ten.tion of the district to make this a union high school. There are 14 districts surrounding this dis trict which would patronize this high school and help to maintain it. BERRIES TO BE ADVERTISED Eugene Logan Growers to Join Cam paign of Valley Producers. v EUGKNB, Or., April 1. (Special.) Eugene loganberry growers will parti cipate in the plan proposed by the organized loganberry growers of the Willamette V-lley, to conduct a syste matio advertising campaign for this fruit throughout the East. A. tax of 23 per cent upon the sale price of every pound of loganberries handled by the local Fruitgrowers' Associa tion, will be -devoted to the advertising fund with which it is hoped to conduct a Nation-wide campaign. Lane County will produce approximately 250,000 pounds of berries this year. Loganberry growers believe that the future of the crop hangs upon the ability of the Pacific Coast to teach the world to like the loganberry. MODEL WET LAW IS PLAN , Cornelius Will Vote on Saloon Ques- ' , tion at Coming' Election. CORNELIUS, Or., April 1. (Special.) The question of again licensing sa loons in this city will come up at the regular annual election to be held here April 6. The new ordinance to be sub mitted is framed along the lines of the so-culled "model liquor" ordinances. It provides for the closing of saloons at 10 P. M.. for wide-open fronts, no side . or 'back doors, etc. Last year Corne lius voted "dry." and there has been an agitation slnce to re-establish tho , f saloons. A petition, signed by a ma s' ority of the city's voters, asking the Council to call a special election was turned down last Summer. ST, JOHNS T0 CLEAN UP Council Designates April 20 as Day to Dispose or Rubbish. ST. JOHNS, Or.. April 1. (Special.) The City Council in session last night designated April 29 as "clean up" day in St. Johns. Each owner of property Is expected to clean his prem ises of rubbish and leave it where the city's garbage team can gather it up. . 1 City 'Attorney Gatzmyer . was -instructed to draw an ordinance regu lating the plumbing done in this place. According to the statement made by P. H. Edlefsen. of the St. Johns water works, many kinds of plumbing are done. Philadelphia-street property owners presented a petition for a .dressing of hard-surface on the present founda tion on two blocks on Philadelphia street. The matter was referred to the City Engineer. The contract for improving Mohawk street fron Central avenue to Fessenden street was award ed to J. Hahn for $4327. The City Engineer was instructed to have all lo( not now connected on Willamette boulevard connected with the sewer before the hard-surface is laid. A resolution was passed for the im provement of Burr street from Daw son to Banks streets. A bill of $100 for services during the smallpox epidemic from City Phy cisian Luzana E. Graves was rejected. EMPLOYERS YIELD POINT W A SHIN i T OS APPRENTICESHIP PUZZLE KOW LEFT, Minimum Wage Conference Unani mously Recommends $10 m Week as Women Workers' Scale. . OLTMPIA. Wash., April 1 (Special.) Ten dollars a week was the minimum wage for girls 'over 18 years and women workers In mercantile estab lishments unanimously recommended by the minimum wage conference to day, but the conference failed to agree on any concerted suggestion on the ap prenticeship question, passing that problem back to the Industrial Welfare Commission. The Commission set April 13 as the date for final decision of this question, acceptance of the minimum wage rec ommended and fixing of a minimum for minors. Employes in the confer ence contended for an apprenticeship period of six months. Employers asked 18 months, but were willing to compro mise on one year. . The contending factions were equally far apart on the question of propor tion of apprentices to be allowed and their wages. When it became apparent no apprenticeship decision could be reached employers moved the adoption of $10 as the minimum wage, stating they would rely on the fairness of the Welfare Commission to settle appren ticeships. The vote today c"i after a long morning session, following a long day and evening session yesterday, during which the Commission and the three disinterested members of the confer ence acted the part of diplomats, trying to bring the employers and the em ployes to an agreement. SIREN DEAFENS, SHE SAYS Ruth Hoffman Sues Railroad for $10,019 for Loss or Hearing. NORTH YAKIMA. Wash.. April 1. (Special.) Claiming that the whistle on the rear platform of the observa tion car of the Shasta Limited emitted a loud and piercing blast In close prox imity to her right ear as the train was backing into the Portland station on July 25, 1913, and that the unexpected noise caused concussion of the laby rinth and dissociation of the auditory centers and nuclei, Ruth C. Hoffman, of Ellensburg, today filed suit In the Federal court here against the O.-W. R. & N Railroad Company for $10,015 damages. The whistle was attached to the rail of the car platform. The plaintiff claims she will lose the hearing of the injured ear entirely. 600. LOGGERS ON STRIKE Employes of Representative Kord ney's Coniparfj- Quit Work. SEATTLE, Wash, April 1. Six hun dred logging camp employes in the Grays Harbor country, members of the International Timber Workers' Union, are on strike for restoration of the wages paid last Summer and Fall and which were 50 cents a day higher than the wages paid recently. The strike was begun in the camps or coates- ordney Company, of which Representative Fordney, of Michigan, is one of the owners. PAGEANT TO BE MAY DAY Walla Walla Woman's Park Club to Replaces UsTiul'Festlval. WALLA WALLA, Wash, April 1 (Special.) Arrangements were com pleted today between the Woman's Park Ciub and Porter Garnett, ' of Berkeley, Cal, to present a two-day May dav Dareant instead nf thu usual festival this year. The action will be drawn in part from CirffU mvthnlnw ,til!in- i. legends of Ceres and Proserpine. Work of drilling the children will be started immediately. New Centralia Club Elects. CENTRALIA, Wash.. April 1. (Spe cial.) At a meeting of the recently organized North End Improvement Club last night the following perma nent officers were elected: A. R Wil son, president; F. G. Gilbert, first vice presWent; L. A. Walter, second vice president, and Frank Graves, secretary-treasurer. Next Monday a com mittee from the club will call on the Lewis County Commissioners relative to the construction of a new bridge over the Skookumchuck River at First street. Eight-Hour Law Passage Celebrated. CENTRALIA. Wash, April 1. (Spe cial.) The passage of the eight-hour law for miners was celebrated at Tono today with a big picnic. A holiday was declared in the coal mines and the officers and employes of the Wash, ington Union Coal Company joined in the celebration. A feature of the pro gramme was a safety first contest. In which the winning team will represent Tono at the state meet soon to be held at Seattle. Centralia to Get Xew IWtory. . CENTRALIA. April 1 It was an nounced yesterday that James Church Ill, owner of a glove factory In Centra lia. Is about to erect a new plant here that will give employment to 100 per sons. The factory will be located at Maple and Pearl street and will be thoroughly modern In every detail. The City Commission granted Churchill per mission to erect a temporary ware house within the fire limits, pending the building of the new plant. 2 0 Convicts Go to Honor Camp. WALLA WALLA. Wash, April 1. (Special.) Twenty convicts were taken today to Honor Camp No. 1 at Hoods port to replace the men whose terms have expired. YALE STUDENT HELD Night Assault on New Haven Citizen Traced After Months. GREAT SURPRISE IS FELT Son of Lewis Xlxon, Prominent Shipbuilder and Successor to Croker 'at Head ot Tammany, Confesses and Gives Bail. NEW HAVEN. Con, April 1. Stan hope Wood Nixon, of New York. City, a prominent junior in the Sheffield Scientific School at Tale, was arrested tonight charged with assaulting Ed ward M. Everett, chief engineer of the Southern New England Telephone Company, on October 22 last. Mr. Everett was walking home alone late at night when he was struck from be hind with a club and knocked unconscious.- It was thought the motive was robbery. On the . night of the assault there was a student outbreak, during which iron bolts were hurled through win dows of homes of prominent residents. Detectives worked on the case since last Fall, but no definite clews were found until today, when it Is said sev eral of the iron bolts were found in xsixon s room. Nixon confessed, according to the police. He is out on bonds of $1500 lor a nearlng tomorrow. Nixon's father is Lewis Nixon, a prominent member of Tammany Hall, who succeeded Richard Croker as head or mat organization. He Is widely known as a shipbuilder. News of Nixon's arrest caused great surprise at Tale today. He is one of me most popular men in college, a member of the varsity crew squad, and belongs to the Brezelius Society. CHURCH WOMEN CONFER 33D SESSION OP PRESBYTERIAL SO. CIETY HELD 1ST ALBANY. Xenrly All Ckifkn of Seven Conn leo of the Willamette Valley Are Represented. ' ALBANY. Or, April 1. (Special.) With splendid programmes and a large attendance, the 23d annual meeting of tho Willamette Presbyterlal Society began in this city today for a two days' session. This Bociety is com posed of the women's organization of the Presbyterian Churches of Lane, Linn. Marlon. Yamhill, Polk, Benton and Lincoln counties. Nearly all of the churches In the entire district are represented here. The conference opened this afternoon in the First Presbyterian Church with an organ solo by Miss Julia Crowell. of this city. Mrs. J. V. Milligan. of Portland, president of the North Pa cific Board, led tne opening devotional exercises. Mrs. H. M. Crooks, of Albany, then welcomed the delegates and Mrs. W. S. McCullagh. of Lebanon, responded. The annual reports of the secre taries of tie Various departments or the society were then presented as follows: Corresponding. Mrs. G. E. Bicknell. of Turner; literature, Mrs. J. H. Lewis, of Salem: mission study, Mrs. H. N. Bouley, of Jefferson; mis sionary extension. Mrs. H. B. Arm strong, of McMinnville; box work. Mrs. C. H. Sedgwick, of Creswell; bands and juniors, Mrs. V. L. Holt, of Eugene; Westminster Guild. Mrs. J. Muhr of Eugene; Y. P. S. C. E, Miss Gertrude Eakin, of Salem. Mrs. M. H. Whitby, of Corvallis, recording secretary, and Mrs. J. H. Albert, of Salem, treasurer of the so ciety, presented their annual reports. Interspersed with the reports was a vocal solo by Miss Rachel Pears, of Albany. A dramatic entertainment, featuring phases of missionary work. was rendered tonight. An organ solo by Miss Laura Taylor, Albany; a vocal solo by Ray Cleaver, Albany, and sev eral violin selections by Mrs. Juno Reed. Corvallis, wire features of the programme. "Cindy's Chance" under tho direction of Miss Elsie Bain, of Albany, and a Twenty Christian Centuries pageant, under the direction of Mrs. E. M. Sharp, of Albany, were also rendered. CUT AND RAILWAY TALK Sl'PERIJITESDEXT BURKHALTER HAS POWWOW AT CORVALLIS. College Town Wuti Its PsTtac Prob lem Aronnd Depot Solved Before Beginning Summer's Work. CORVALLIS. Or, April 1. (Special.) F. L. Burkhalter, division superin tendent of the Southern Pacific, came to Corvallis yesterday, at the invita tion of the Corvallis City Council, and discussed with that body the question of -street Improvement adjacent to Southern Pacific and Corvallis & East ern property. . The city will do consid erable paving during the coming Sum mer, including A and B street, one di agonal to the other, and each terminat ing near the Southern Pacific freight depot. The Southern .Pacific Company has been asked to state Its attitude relative to this paving. Superintendent Burk halter asked that the matter be re ferred to .the Railroad Commission, adding, however, that it is the policy of the Southern Pacific Company to be neutral in the matter, neither opposing nor favoring the joining of these streets. The company was also asked to replace the plank pavement and to bring all tracks to grade. Superintendent Burkhalter also asked for an extension of time in which his company shall comply with the terms of the street railway franchise as to construction and beginning of operation.- The company has but one month in which to complete two miles of streetcar lino and less than half of the work has been done. No action was taken relative to an extension, ex cept that Mr. Burkhalter was asked to present to the .City Council a con crete statement of what the company will do and when, at which time the Council will consider the extension. " BROKERAGE CASE SETTLED Opinion of Judge Gatens Reversed by Supreme Court. SALEM. Or, April l. (SpeciaL) Mere introduction of a purchaser to an owner is not sufficient to bind th owner to pay the broker a commission should a bale be consummated, the Su preme Court held today in reversing decision by Circuit Judge Gatens ren dered last July. In a suit by A. A. Cunningham against J. C. Friendly, Cunningham claimed he had earned a commission by introducing Dr.' A. E. Rockey. a prospective purchaser, to Friendly. Dr. Rockey said at tho time that he would purchase the property in question and paid $1000 down. The case has been in the courts for nearly a year and Its outcome has be'sn of Interest especially to members of me Portland Realty Board. Other opinions today were: 3aretson-HfUon Lnmbfr Company, ap pellant, va. W. B. lllnion: appealed from Multnomah: an action for money. affirmed. L. P. Hewitt vs. Crayton 8. Andmrayrt at, appellants: appealed from Mullnonrah; suit on promlaaory note, affirmed. Maxwell Land Irrigation Company, ap pellant, vs. Herfnlaton Bank A Trust Com pany; appealed from Vmutilla; suit to set aside a trust deed, affirmed. . ' Harvey Kellogr: vs. Frank ' H. Ford, ap pellant; appealed from Marion; action for malicious prosecution, reversed. J. B. Elwert. appellant, va. Willis Reld. et aL: appealed from Multnomah; suit to set aside a deed, affirmed. HALIBUT TO BE CAUGHT TWO COMPANIES FORMED TO FISH BANKS OFF KEWPORT. Several Other Concerns ana Persona Hare Boats Ready or Plan to Esjnlp - Them for Operations. NEWPORT. Or, April 1. (Special.) The halibut industry on the newly discovered banks lying off Newport soon will be developed to the fullest extent. Two corporations are almost ready to commence catching fish. The Government steamer Albatross will survey the banks this month and the fishing will take place immediately af terward. M. Maiden, of the Newport ice plant, has formed a company which has raised $40,000 to buy a fishing schooner, which will be equipped with six dories. George Henderson, of Tillamook, who owns an Ice plant at Pacific City, and D. P. Simons, a lumberman of Seattle, have investigated the Industry and announced yesterday that they would have a schooner Ashing on the banks in May. They are prepared to buy all the fish caught by the smaller fishing boats. Tho Wachamlth Fish Company, of roruana, win nave its boat in opera tion as soon as the- bar is smooth enough to permit small vessels to go outside. There are several other boats. Including the Fish, commanded by Captain Dolbeare. and the Pilgrim, commanded by Captain Colver, ready to nsn now. CEMETERY SOON 'REALITY Vancouver Burial Ground Surrering Work I Begun. VANCOUVER, Wash., April 1. (Spe cial.) A cemetery for the city of Van couver Is becoming a reality. Survey ing of the Adams tract, east of the city, has begun. The city of Vancouver owns 54 acres in this tract. Ten acres will be cleared free of charge by Mr. Adams, wno neia tne land In trust for a time. The remainder of the tract, -about 44 acres. Is to be put Into a city park for use of the city. A committee has been appointed by the Council to look over the tract and pick out the most suitable 10 acres for cemetery purposes. It Is proposed to nave a pipeline put In. striking the main of the city water supply, and have the water pumped from that level to a tank In the proposed cemetery. DAIRIES BEING INSPECTED Oregon Joins Washington In Clarke County Milk Probe. VANCOUVER, Wash, 'April 1. (Spe ciaL) The dairies of Clarke County are being inspected by W. T. Bowman. State Dairy Inspector, assisted by Dr. Brown, local Inspector. All dairies sup plying milk and cream to Portland have been Inspected. C. R. Davis, of Portland employed by Oregon, assisting in this work. When near Hocktnson. Mr. Bowman found alfalfa that had already grown 12 Inches this year, and some Winter rye was three feet In height, though this- Is in March. FLOUR MILLS CHARTERED Two Astoria Concerns Kile Articles With Large Capitalization. ASTORIA. Or, April 1. (Special.) Articles of Incorporation of the As toria Flouring Mills Company were filed in the County Clerk's office this afternoon. The Incorporators are: E. L, Smith. Ede-ar W. Smith and C. B. 200,000 PEOPLE USE INTERNAL BATH The record of its cures and benefits reads like a revelation td those hitherto unacquainted with it. It is used by means of the "J. B. L. Cascade" (the only scien tific appliance for this purpose). A book has been published on this subject entitled ""Why Man of Today Is Only 50 Per Cent Efficient." Copy will be handed to you if you will call and ask for it at "Woodard, Clarke & Co.. Al- der and "West Park Sts., Portland. MUSICIANS! Send for Catalogs and The Famous FREE Trial nffa. Conn Band Instruments Sold Exclusively in Oregon and .Washington by GRAVES MUSIC CO. 151-153 Tourtta St. Portland, Or. v. V SI ill I I 11 -Tj WiIITake$3500inTrade on this beautiful in -room TjATT- RELIIURST home directly across me street irom the old (J. K. Hen ry home. Built by one of the hisrhest-class builders in the city and finished in an elaborate and artistic manner. Everything in. Price $S300. bal ance easy terms. Phone Main 1503, A 1513, Auto Service. PAUL. C. MURPHY, Vice-President ana Sales Agent for Tne Addition of Beautiful Homes. Stout. The capital stock Is $100,000. divided into shares of $100 each and the object of the company Is to op erate flour mills In Astoria. Articles of Incorporation ot Mc Gregor & Malone, Incorporated, wers also filed today. The incorporators are: W. F. McGregor and W. F. O'Brien, of this city, and P. F. Malone, of Rose burg. Wash. The capital stock is flS.000. and the object of the com pany is to operate logging camps. ARMY DRILLS OUTDOORS Colonel Young Issues Orders for Season's Work Four Times Weekly. VANCOUVER BARRACKS. Wash., April 1. (Special.) Outdoor drilling season in the post began today in the post. Colonel George 8. Young, post commander, having issued this order. Four times during the week drills will be held in the afternoon at 5:30 o'clock. Other forms of outdoor work also will begin tomorrow and continue through the Spring and Summer. This will Include target practice, short prac tice marches out Into the country from the post, building bridges and cooking meals In the field. Plans for the biennial maneuvers have not yet been made known, but from what Information has reached here from the headquarters of the Western Department at San Fran cisco, two big maneuver camps will be held on the Pacific Coast this year one in California near San Francisco, and the other possibly in the vicinity of American Lake. RIVER BARGE HAULS GRAIN New Astoria Mills Ship Grain Irom Portland to Save Kail Rate. ASTORIA. Or, April 1. (Special.) The first shipment of wheat, consist ing of about 600! tons, arrived today for the Astoria Flouring Mills Com pany's new plant. On account of the railroad freight rates, this wheat was FOR POWER- THE GASOLINE, OF QUALITY Not a "mixture," but a straight distilled refinery product the best gasoline the Standard Oil Company can make. JDealers everywhere. Ask. our nearest agency regarding bulk delivery. Standard Oil Company (CALIFORNIA) "y ""Pi. Your Easter T Suit Is Here, Sir! All ready for you to slip into the f most ready - for - service Clothes that Amer ica, produces. A multitude of the smartest weaves and colorings. Men of every taste in every walk of life will find just the right Suit in our im-' mense showing. Stein-Bloch Atterbury System R. B. Fashion Clothes Why not drop in today, and try on a few of the new Spring Suits before our big mirror? A veritable exposition of fine Clothes at $20, $25, $30 and upwards. Especially large selec tion at $25.00. Wtnderful how a new Hat acts as a tonic to a man's at tire ! Our Hat Store is brim ming over with everything that's new. Sole agency for Dunlap Hats $5.00 Brewer Hats $3.00 BEN SELLING LEADING CLOTniER, Morrison, at Fourth. brought from Portland on a barge and on Friday a second shipment is to be brought by steamer from The Dalles. Portland 8 .AHH ill "if The new mill will be ready for op eration soon after the middle of the present month. Ttjtrlrr rvtz imjt . --.-722: iffeg v. . ,;iv;