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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Oct. 8, 1915)
THE 3IORXIXG OREGOXIAN, FRIDAY, OCTOBER 8, 1915. ' STOCKS RUN AWAY WITH BRAKES SET All Wall Street's Precautions Fail to Check Specula i, tion in War Shares. WHOLE COUNTRY GETS IN So-Called Inmbs, for Once, Set Val ue That Make Veterans Gasp. Bethlehem Steel Seta Xew . Record, at 450." KEW YORK. Oct. 7. Wall street saw another runaway stock market today, though the financial brakes applied last Tuesday were still set. Under the leadership of- a dozen active war spe cialties, the entire market moved swift ly forward and upward through one of the busiest days the Exchange has witnessed in recent years. Bethlehem Steel, which last year sold 3own to 26i. rose nearly SO points on today's transactions to a new record of 45.1. Crucible SI eel, Baldwin Locomo tive, Westinghouae and other leaders in the dealing made sweeping gains of from five to ten points above yester day's llnal quotations. These gains were in the face of checks and hindrances imposed by banks, trust companies and financial institutions which recently decided that the time had come to put an end to wholesale speculation. Double the usual margin required on some stocks favorite in the dealings and decision by many houses not to handle these stocks at all except for cash failed to prevent today's conditions. The public apparently was in the market, veteran observers said, to an extent undreamed of before in the history of the Stock Exchange. Not New York so much as the entire coun try, they thought, was responsible for conditions. All America appeared to have thrown its purse into the market and for the flr.st time in years neither the hulls nor the bears, but the so tailed lambs, sets the values. From 20 to 50 commission houses, busy executing orders originating for the most part in Chicago. Cleveland. 1'ittsburg. .Detroit, Liouisville. Kansas City, Denver, St. Iouis, .San Francisco and other Western cities, were the busiest of the Stock Exchange mem bers. One-third of the dealings were in four stocks alone Inspiration Copper. United States Steel. Westinghouse and "Willys Overland. The day's total sales were slightly Jn excess of 1,500,000 shares. BOND MAY BE FORFEITED City to Act on $10,000 Pledse for Railway Given by G. T Heusner. Acting upon a request made recently ly Commissioner Daly, City Attorney LaRoche yesterday took the first step toward forcing George P. Heusner or his bondsmen to forfeit to the city a bond of $10,000 furnished by Mr. Heus ner to assure construction of an inter urban electric line from Kenton district to the West Side, under the provisions of a franchise granted in 1913. The line was to have been in operation within 18 months. Mr. LaRuche prepared an ordinance which will be before the Commission probably next Wednesday, declaring the franchise forfeited and directing the City Attorney to institute legal proceed ings against Mr. Heusner or the Globe Indemnity Company, his bondsmen, to recover upon the $10,000 bond. GREETERS TO BE INVITED Hotel Clerks to Try to Bring 1918 Convention to Portland. A committee of seven was appointed t a meeting of the Oregon State Hotel Clerks' Association at the Imperial Hotel Wednesday night to launch an active campaign for securing for Portland the 1918 National convention of the Greet ers of America, the hotel clerks' Na tional organization. The meeting was attended by approximately half of the local membership. The committee appointed by K. K. Bernegner. the president, is composed of li. B. Dunlap, of the Katon; Ros3 TMnnigan. manager of the Carlton; M. C5. Slatky, assistant manager of the Nortonia; J. H. Mcseiey, of the Palace; Carl Monroe, of tl.e Seward; E. S. Robe, of the Portland, and It, 11. Veitch, of the Benson. FREIGHT RISE PROTESTED Aberdeen Hears Humor of An nounced Rate Beinjr Held l"p. ABERDEEN'. Wash.. Oct. 7. (Spe cial.) Protests were sent yesterday by the Aberdeen Chamber of Commerce to the Interstate Commerce Commis sion against the suspension of freight rates recently granted Grays Harbor, which permits lumber shippers of this district to get their products to Utah and Idaho points on the same basis as the Portland mills. The help of Rep resentative Johnson and Senator Jones also has been asked. The protests were made following information that the Interstate Com merce Commission was being urged to suspend the rates which are scheduled to go- into effect October 11. SHOPS OFFER BEAR MEAT WelRlit of Animals Killed Causes Prediction of Severe Winter. HOOD RIVER. Or.. Oct. 9. (Special.) Bear meat is in season now in Hood River. Local butchers offer steaks from bruin and fat. Juicy roasts from these berry-fed animals. It is declared by hunters that bears were never fatter than this year, and accordingly a severe Winter is being predicted. Charles Abernathy, of Mo sier, has brought in one of the largest animals for the year. His bear, killed In the range east of this city, weighed 240 pounds dressed. Bear meat is selling for 25 cents per pound at local outcner shops. PURCHASE 0FPARK URGED Vancouver Woman 'Would Bond City to Buy Fairgrounds. VANCOUVER. Wash.. Oct. 9. Spe rial.) That the city bond itself for $25,000 to buy the Clarke County Fair ground for a' city park, was a propo sition taken up at a meeting of the Vancouver Woman's Club, entertained Wednesday by Mrs. Thomas P. Clarke and Mrs. W. B. Hall, at the State School for the Deaf. It is found that the association is in debt about $22,000. Henry Crass, attorney, and C. A. Watts, manager of the fair association, presented the proposition. It is desired to take $22,000 of the $25,000 and get an abso lute title to the grounds, and use the $3000 for improving the grounds as a park. The grounds or park will be used as a city park for the entire year, except when the fair is held annually. A committee Including Mrs. Clarke, Mrs. Daniel Crowley and Mrs. K. R. Whelan was appointed to investigate the plan and report at a future meet-Ins. PRETTY GIRL TACOMA KfVRSE, 17, DISAPPEARS FROM EMPLOYER'S ROME. Mywtery Surrounds Stranse Departure. Letter to Mother Declared Fraud. Search Continues. TACOMA, Wash., Oct. 7. (Special.) Disappeared completely, Ethel Oliver, 17 and decidedly pretty, has been miss ing since September 2. All efforts of her mother, Mrs. Lizzie Oliver, of Ever ett; of the police, county officials and t i 5 1 ' J; - 5 ...-.?. .7 jifX-- jjre ! Ethel Oliver, Missing Tacoma Girl. T - 4 newspaper reporters to obtain any clue to her whereabouts have thus far proved unavailing. Employed as a nurse girl in the fam ily of W. J. Shedwick. 3SMi North Mul-. len street, for a couple of years, the girl left there with her belongings on Thursday, September 2. Prances My land, a neighborhood chum, saw her, with a suit case, get aboard a Point Defiance car bound for the city. Conductor Alfred Falconer and his motorman both remember her getting on the car and getting off at North Fifth and I streets, and that she made inquiries how to get to North E street, which is one of tne fashionable resi dence thoroughfares. She wore a blue skirt, blue coat and black velvet' hat with flowers, and the very heavy suit case she was carrying helped fix her in the minds of the streetcar men. From the time she left the car all trace of her is lost. A brother, aunt and uncle live in Tacoma and have aided the mother in the frantic but futile search. One letter, purporting to be from Ethel, has been received by Mrs. Oliver. This was postmarked from Avery, Idaho, a little place of about 40 Inhabi tants, which is merely a railroad sta tion in Shoshone County. Mrs. Oliver pronounces the letter a fraud, declar ing It is not in Ethel's handwriting. This letter said: "To my mother. Do not worry about me. I am working in a lovely place. I am capable of going out in the world alone and I am going to do it. Shed- wicks or no one else know why or where I have gone. I am not the quiet girl you seem to think me. "ETHEL OLIVER." On the back of the sheet of paper was written: "The postmark on this letter does not indicate the vicinity in which I am living." This Avery letter, with samples of Ethel's handwriting, Mrs. Oliver turned over to the Prosecuting Attorney's of fice. ' HONORSYSTEM DRAWS15 PORTLAND BOY AMOXG STUDENTS IX UNIVERSITY RESEARCH WORK. F.nrnrxt Spirit to Work Is Noticeable Throughout Campus Freshman -Class Is Big- and Serious. UNIVERSITY OF OREGON, Eugene, Oct. 7. (Special.) Fifteen students have enrolled this Fall as honor stu dents under the new honor system of the State University adotped by the faculty In June. Honor students are expected to do research work aside from class as signments. They receive no grades in the subjects In which' they are try ing for honors until they are about to graduate They will then receive an examination before a faculty commit tee. The amount of work is much in excess of that prescribed for non honor students. The 15 students enrolled are: James Cellars. Portland; Anne Hales. Klam ath Falls; Roscoe L. Hurd. Florence Bertha Kincaid, Ashland; Mary Steven son, Medford; Lamar Tooze and Leslie Tooze. Salem; Eyla Walker, Corvallis; .Martna Beer. Nellie Cox, Clarence E Ferguson, Henry Howe. Evangeline Husband. Elizabeth Minturn and I ranees Shoemaker, Eugene. An earnest spirit to work is notice able on the campus this year. Re striction of dances to two in each fra ternity house each year, except during holidays, is one reason. Heavier class work for the faculty is another. The serious character of the large fresh man class is a third. The university library reports as many books going out daily at this eaisy stage as f ent out during the two weeks just prior to examination last Spring. The enrollment in liberal arts and musio will this year be between 1000 and 1200. It is now 780 in liberal arts alone, with probably 100 additional freshmen coming in February. Insurance Company AVins Suit. WENATCHEE. Wash.. Oct. 7. (Spe cial.) Judge Grimshaw, in the Superior Court yesterday, found for the defend ant in the suit of J. B. Violette, of Leavenworth, vs. the New Zealand In surance Company, involving $2000. on the ground that the policy sued upon had never been issued. The saloon stock and fixtures of J. B. Violette were destroyed by fire last December. Dress-Up Week," October 11 to 16. Dress Up Uncle Sam Can Afford It " Copyright Hsrt Sdudhwj Jc Uses ( Here's a sure tip on dressing well; TOR the best -looking men's and young men's suits made, the right materials, the style, the expert design and tailoring, . the all-around 100 satisfaction, ask for Varsity Fifty Five Made by Hart Schaff ner & Mane At $25 See these suits today. Be in line for next week We have them for more and less, $28 to $35. We're showing a great line of overcoats also. , Ask to see Varsity Six Hundred. It's the coat for you. $16.50 to $35. We call your attention to the new hats and furnishing goods. Just what you want at the price you want to pay. Sam'l Rosenblatt & Co. Our New Location, 266 Morrison Street, Between Third and Fourth. BRIDGE CARNIVAL ON Monster Good Roads Meeting Feature at North Bend. CITY IN BLAZE OF GLORY Mrs. Ralph Root. Piano selections were rendered by Miss Ruth Howes. Mrs. Alberta Gillam-Jackson, Mrs. Root, Mrs. D. H. Drewery and Mrs. Henney sang. Festivities for Coos County Begin IVitli Big Parade and AVill Close With Mardi Gras Tomorrow Jiight- NORTH BEND, Or.. Oct. 7. (Special.) With the slight touch of coolness in the air, the Bridge Carnival opened in this city today, and the key to the city was presented to Queen Goldie, and the liberties of the city extended to all visitors. The morning hours were de voted to a monstrous good roads con vention for Coos County, at which B. H. jBurreii. senior United States highwav engineer, made the principal address. ine convention was adjourned at 3 o'clock in the afternoon, to be called after the parade. The line of march was on Sherman avenue, the newlv paved thoroughfare. In the parade were fraternal orders with floats, uni formed ranks of many orders. 36 Elk automobiles, footmen and bands and boo school children. A novel feature of the parade was a replica of the Coos Bay bridge, 100 feet long, carried by school children. Representative William C. Hawlev and State Highway Engineer E. L. Cantine, who were expected to be nres- ent, were detained at Florence. A num. ner or railway officials, including C. J. Mlllis, of the San Francisco headquar ters, were in tne city. The evenincr will be given over to wrestling matches. cometu Dames and dancing. The city is brilliantly illuminated for the fete, which will close Saturday night with a Mardi Gras. MORTON LEVIES SATISFY City Tax 31 Mills, Scltools 8 and Drainage 5500. MORTON, Wash.. Oct. 7. (Special.) In the three hearings in Morton for the purpose of setting the tax levies, not one objection was made. The Coun cil voted to levy a 31-mill tax, 10 of this for general expenses, and 21 for outstanding warrants. Even this will be about $1500 short of retiring the present indebtedness over the legal limit and taking care of next year's ex penses. In order to be on a cash basis, 2433.85 would have to be raised by taxation. Consolidated School District No. 214, with a valuation exceeding $2,000,000. will make an 8-mill levy, raising $18, 160. Drainage district No. 1, of Lewis County, known as the Davis Lake Drainage District, will have a levy of $500. HIGHWAY TO BE DEDICATED Governor Lister Wil Open National Park Route Saturday. MORTON, Wash.. Oct. 7. (Special.) Plans for the official opening of the National Park Highway between Mor ton and Mineral, which will take place Saturday, are for all autoists to stop at Mineral for luncVi. leaving there at 1 o'clock, the procession to be headed by Governor Lister and his party. One hour and a quarter will be taken In viewing the road, the arrival in Morton to be at 2:15. F. S. Thompson, president of the Citizens' League of Eastern Lewis County, will deliver the address of 1 "JUDGE a man by hia coai mar be bad advice aa to men but it's worth thinking about in ci"ar. An even burning cigar needs the kind of wrapper that smokes down neither faster nox slower than the filler. There's only one spot in the world where Gen'l Arthur's silky wrapper can be grown and that's under the tropic skies of the far off Island of Sumatra. Jm Mm - wmm D ' wipe MMM H Gold Medal Award &f " ftfi!fi ranama-Pacific WwmMM" Expos.". urtr'i IPHl ARTHUR , .: WMiSSn CENTS nf ; UV'I U Also a 3 for a quarter size Or' - M A. Gunst & Co, Ine, Distributors welcome. Oovemor Lister w ill then make the dedication address, to bo fol lowed by a social and get-acquainted time. Budget Session Opens at Pasco. PASCO. "Wash, Oct. 7. (Special.) Th County Commissioners are in ses- L&ton over the county bjdpet. Some vrunmg will be done, but it is not thought that any great changes can be made without impairing the effi ciency. Franklin County is one of the three counties in the state that have been reducing taxes gradually for the paft five or six years, while the popu lation hfls been increasing. SONG ILLUSTRATES TALK Mnsic Lecturer's Points Empha&Ized by Vocalists at Hood River. HOOD RIVER. Or.. Oct. 9. (Snecial.t The first meeting of the Musical De partment, a new allied organization of the Hood River Woman's Club, which admits men to membership, held Its first concert Wednesday night at Li brary Hall. Lectures on musical subjects were delivered by Mrs. C. H. Henney, teach er of music at Pacific University and in the local city schools, and Mrs. John W. Sifton, of Portland. These talks were Illustrated by vocal selections by COFFEE A NARCOTiC AND DOPE WITH OPIUM Well-Known MedlcI Writer Declares Coffee. Like Opium, Holds Vic tims In Pitiless Grasp. In all the documents stored In the pst.nt offlf at Washinirtrtn could be placed end to end they would form a strip that would reach around th earth three times. "I would like to make everyone thor oughly understand that coffee Is a nar cotic a very strong narcotic, too." says Dr. C. S. Carr in a communication to the Ohio State Journal. "There is no drug in the pharmaco peia that has a more powerful effect upon the brain centers than coffee. Coffee is a dope and narcotic almost equal to opium. To be sure, it does not produce at once the mental disaster that opium does. Slowly but surely coffee gets control of its victim and holds him in-its grasp, a pitiful, help less victim." OTK. The food-drink. Instsnt Poa tnm, while mack resembling; the hlicher Trades of Java coffee In flavor sad ap pearance, la absolutely free from the coffee drns-s. caffeine and tsnnln, or 7 otscr harmful Insrredlcnt. Pare, wnoicvome. 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Arrange with your grocer for a regular supply. Write our General Offices, Chicago, for a free copy of our real cook book, "HOME HELPS." ft THE N.K. FAI PRANK COMPANY! Cottolene makes good cooking better" lii'ili: Liliiiii:!!:!:!!!!!!!!!!!:!:.1!!;!!:'!'!!!:!!!.!:!.!'1!!?!!: "I:i'!:iij;:ini! MMv.:Mv- i'a m