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About Morning Oregonian. (Portland, Or.) 1861-1937 | View This Issue
THE MORNING OREGOXIAN, MONDAY, NOVEMBER C, 1922
NEW BUSINESS ERA
DRIVES OUT GLOOM
FIRST POSED PHOTOGRAPH OF WIDOW OF SLAIN 2SW
Several thousand people
to help us remodel
Eastern Business Man
300D TIMES ARE HERE
Enormous Savings Bank Balances
Arc Testimony to Sound Fi
nancial Condition of Nation.
BY VT. V. jpTRANDEORG.
NEW YORK, Oct. 27. (Special.)
The "undertaker's face" has dis
appeared from the eastern business
man and he is quite inclined to
wear a smile and has almost entire
ly ceased munching dyspepsia, tab
lets as a steady diet. The reason
is that the recent days of gloom
and depression seem to have been
swept away and there is an atmos
phere, a feeling and a distinct tone
of optimism everywhere, and that is
inifrhty unusual around New York.
When times are good down here,
the average business man is won
dering if it is true and really feels
that it can't last, and when busi
ness is bad, he knows the whole
world is going to toddlo off into
limbo and never be heard from
Five or six months ago, things
were sort -of wobbling on their axis,
but the wobbling has ceased ahd not
only is t'h-ere definite promise of
good and better times, but there is
cold, hard evidence that' good times
are here and getting better grad
ually and steadily not with leaps
and bounds, for that unfortunate
jpiienomenon can probably never oc
cur as"ain. The average business
man has learned bitter lessons in
the past few .years and won't let
anything throw him off his balance
like when he went sky-rocketing
iuring the war and immediately
thereafter. It was an awful dose
for some of our foremcst captains
of. industry, and they are etill
K'Jlping and asking for a drink of
water to take the nauseating taste
out of their mouths, but they will
"proceed with caution" hereafter.
Steel Kins Optimistic.
That is the message that sticks
cut in the exper utterances of the
Jveenest studenvs of business con
ditions in the east today. You can
read it regularly in' the Koger Bab
fion reports. . B. C. Forbes is harping
on that string, with a sort of "I
told you so" sense of complacency,
and the leaders in finance and in
dustry and commerce themselves
Slave joined the newspaper com
mentators with similar expression
during the last few months.
Only the other day, Judge Gary
of the United States Steel Corpora
tion in a public address made one
of the most optimistic speeches of
his long career, in discussing the
(situation in the steel industry,
which, we all know, is one of the
most important of all the business
barometers of the country. This is
what he said:
"There are no obstacles to con
tinned prosperity in the iron and
Eteel business of the United States
except such as may arise from in
terference with the natural course
of supply and demand. There is i
great abundance of high quality
. iron ore; steam, gas a.nd coking
coal; limestone and other raw prod
ucts, all within easy reach; also
furnaces, railroads and ships for
. transportation, and the demand for
every kind and character of steel la
iar in excess of capacity to produce,
bteel is needed immediately for
bu 'dings a-d other structures, for
railroads, for farms, automobiles,
airplanes and many other -purposes.
"Order books are well filled, fin
ished steel, aggregating many thou
sand tons, is stored at the produc
ing mills, ready for shipment, and
this notwithstanding the recent la
bor troubles at the mines and in
the transportation circles.
People Are Economizing.
"If the natural course of business
had not been interrupted, we wcrld
now be enjoying success and pros
perity in our industry greater than
ever before, so far as volume is
"The manufacturers of steel are
now producing, on the average,
about 75 per cent of their estimated
capacity. This is more than double
the total capacity 20 years ago. We
shall soon get back to a basis of
businessi that will yield fair prof.Hs
if permitted to proceed without un
- "As to general business condi
tions, great significance should be
(riven to the publications concern
ing the enormous savings bank bal
anoes. These show conclusively a
disposition to economize, whatever
may be the reasons. Economy and
eaving are fundamental to thrift
"In this greatest, richest, most
Sdmirable country, there should be
the continuance of prosperity with
out prolonged depressions."
Similarly, one finds that the
business pages of the daily news
papers and the financial journals,
tis a whole, are heartening reading",
when everyone is eager to see an
end to the protracted period of de
pression and , inertia., .
Building Boom Continues.
Among the indications and ac
tual business facts that have been
noted in the papers within the last
week or so may be set down the fol
lowing: The tremendous building boom is
continuing with unabated strength
throughout the country, and Her
bert Hoover said the other day,
"The United State-s is still more
than one million homes short of
Coal production is improving sat
isfactorily. Strenuous efforts are being made
to relieve the shortage of cars
needed to meet the increasing
movement of crops, building ma
terials and other materials.
There is a labor shortage in many
sections, "-and employment condi
tions are the best they have been
eino.e December, 1920.
Silk consumption is being main
tained at its high level with stocks
of raw material on hand the largest
in two years.
Bank clearings and debits hav
been increasing over preceding
months and as compared with the
corresponding periods of last year.
Sales of mail order houses have
been increasing and are in excess
of the heavy volumes reported fo
a year ago.
Business failures, both In num
bers and liabilities, reached their
lowest point since August, 1921, and
both Dun and Bradstreet report
have been reflecting a healthier
tone in the retail and jobbing trade,
for some time past.
Security Prices Advance.
Security prices are advancing,
with industrials and public' utilities
ehowing the greatest increases, and
this is one of the best Indexes of
the trend of affairs, for the public
"Wide World Photo.
MBS. EDWARD WHEELER HALL.
In this, the first exclusively posed picture of Mrs. Edward Wheeler
Hall, widow of the murdered Rev. Edward Wheeler Hall, whose body was
found near the Phillips farm. New Brunswick, N. J., with the body of Mrs.
Eleanor Mills, his choir singer, six weeks ago, it will be noted that Mrs.
Hall has turned gray and aged considerably in her appearance from the
misery and anguish caused by the murder of her husband and the noto
riety received through the case. She was quite youthful at the time of
the murder, but this close-up reveals her present self.
utilities, particularly, have for
several years needed hundreds of
millions of dollars of new money
for capital investment in plant ex
tensions, and the aetive and grow
ing demand for the new flotations
show both the desirability of such
investments from the market stand
point, and also that the utility in
terests are preparing, to meet the
increased aemanas mat come wun
business revivals and the return or
The indications are that the late-
lamented "buyers' strike" has been
overcome and that normal condi
tions are approaching with a
stronger' feeling of confidence in
the 'minds of the public that prices
are reaching levels that warrant
purchasing somewhat beyond the
mere "hand-to-mouth" practice that
has been so long in vogue.
When we speak of normal con
ditions," it is not to be taken IMu
price levels are reaching the pre
war marks, for it is the universal
belief of all students of business
affairs that such levels will prob
ably never come' again, but that a
norm" has been reached that es
tablishes a stable equilibrium be
tween the average scale of basic
wages and the average schedule of
cost of living for the average fam
ily, as we now" have them. In other
words, neither wages nor the cost
of living will probably sag to the
low points experienced in ante-bellum
times. And, furthermore, prob
ably very few people want them to.
KAISER WEDS HERMIONE
(Continued' From First FagR.)
which would have driven others to
As an evidence of faith he pointed
out that the "kaiser" conducted re
ligious services on every lord's day
in his home. He paid tribute to the
virtues of the late empress and
Princess Hermione's ex-husband, re
ferring to the "kaiserin" as the ideal
"Love each other as God loves
you," he admonished, "and you shall
prevail over all evil reporta"
Then followed the reading of the
marriage service. Rings were ex
changed and the hymns, "Soenimm
den Meine Haende" and "Harre
Meinseele" were rendered.
28 Guests at Ceremony.
. A brief official communication, is
sued later, announced the civil and
religious solemnities and mentioned
the number of guests as 28. Prince
Henry of Keuss, as senior member of
the family, spoke a few cordial
words, to which there was no re
sponse, according to the German
custom, and no further speeches.
The day began clear and bright,
"Hohenzollern weather" but soon
turned to showers, and a chill rain
fell when the ex-emperor's black
car drove from the castle to the
lodge at the appointed time for the
TRIBUTE PAID LATE EMPRESS
"To the Silent Sufferer," Says
Card on Wreath at Tomb.
POTSDAM, Nov. 5. (By the Asso
ciates. Press.) "To the silent suf
ferer," a solitary wreath of ivy
evergreen bearing the above dedi
cation lay today at the .-foot of the
grated iron doors which guard the
body of the late Empress Augusta
The inscription was laboriously
printed in lead pencil on a plain
pasteboard card attached to the
wreath with a tiny-'ribbon of mauve,
Augusta's favorite color. Bearing
also the date "November 5" the card
told the history of what monarchial
Germans feel toward today's wed
ding at Doom, when within 19
months William has refilled . the
place occupied by the late : queen
Policemen guarding the grounds
said that the wreath had been left
there in the morning by one of
Augusta's sons or a representative
of her sons. Scarcely a sound
marred the sepulchral silence per
meating the particular spot in Sans
&ouci Park, which is the empress'
resting place an antique temple
under stately elms. Occasionally
there is a straggling visitor and
today there was a dismal dripping
of water from the temple roof as
the remnants of, winter's first snow
WIFE DECLARED CRUEL
Woman Accused of Beating Hus
band and Children.
CHEHAXfS, Wash., Nov. 5. (Spe
clal.) A sensational divorce suit
was filed Saturday in - the Lewis
county superior court, wherein John
Ulrich is plaintiff and Katherine Ul-
rich defendant. Mrs. Ulrich is
charged with having been unduly
cruel to her husband. -On occasions
she is said to have struck him with
her fists, with the broom handle and
firewood. - As recently as October
26 she is alleged to have threat
ened to poison her husband and
burn the, house. x
Unusual cruelty to the two chil-
and play golf
x Don't envy these "boys!"
A round oi golf every morning before break
That is the way the successful business and
professional men who live in Eastmoreland begin
their day. And what freshness it gives for the
day's grind. How easy it is to think clearly and
make quick decisions after this early-morning
exercise. , '
But the Eastmoreland Public Golf Links is just
one of many reasons why so many people are
making their homes in
Consider also the attractive and imposing homes, the
beautiful scenic surroundings, the winding driveways and
boulevards, the Reed College environment. It's no wonder
Eastmoreland has such a strong appeal to the home owner.
Phone for appointment
There's an ideal homesite for you in Eastmoreland, too.
Let us drive you out some day soon. We are the owners.
246 Stark Street
Phone Broadway 5754
dren, 7 and 9 years of age, also is
charged agaginst the mother, who
is said to have knocked them down
and kicked them. Some time since
Mrs. Ulrich is ald to have become
infatuated with one Ed Wilkins,
with whom she has spent much of
her time. Ulrich and hlsi wife were
married at Holsington, Kan., March
BRICK PLANT IMPROVED
New Machinery Installed and
Kiln Repaired at WUlamina.
Considerable improvement has
been .made in the plant of the Ore
gon Face Brick company located at
Willamina,. Or., and it is now turn
ing out about 30,000 brick a day, ac
cording to Robert Shelley, vice
president and general manager, who
was in the city yesterday. This con
cern was formerly the Pacific Face
Brick company, but was reopened
under the new name last March.
Recent improvements include the
installing of new machinery and the
repairing of the kiln so as to put .
it in first-class condition.
'Mr. Shelley reported the demand!
for brick to be good, but said the j
industry was suffering because of ,
a shortage of cars for making deliveries.
( " j
Peacock Kock Springs coal Dia
mond Coal Co Bdwy. 3037. Adv.
Vote for Loots P. Hewitt for circuit
judge dept. No. 5. Ballot No. 34 'Adv.
i o n is
ient. Sixth and
Alder is "just
around the cor
ner" from any
f' and ALDER, STS.
U. S. Grant
YOU will fand the treasure a
faithful servant." -
Open your account tn our Sav
tngs Department Compound
interest will be paid on your
deposits. Start toward your h
nancial goal today.
The carpenters will soon
tell us to make more room,
likewise the painters will tell
us to move silverware out of
their way. In brief, here's
the situation : We are forced
to remodel and the time is
not far off.
This is our first remodel
ing sale in over sixty years.
New Holiday merchandise
must be moved before the
Holidays. Everything in the
store has been priced to make
it an inducement for you to
help us move this fine mer
chandise. It's a case of get what you
can while quantities last.
Xmas will soon be here.
Across from Pittock Block
386 WASHINGTON ST.
, PINEAPPLE LAYER CAKE
Regular price 70c. ffr
For Saturday only
The filling- and icing
of this tempting
cake is mixed with
pure pineapple juice,
imparting a rich,
fruity flavor to the
entire cake. -
HAZELWOOD DAIRY STORE
126 Tenth Street
THE ORIGINAL, GENUINE PATRIOTIC TICKET
BEWARE OF IMITATIONS!
15 Watkins, Elton 50 Huston, Oliver B.
17 Pierce, Walter M. 51 Kirkwood, R. J.
18 Hoff, O. P. 52 Kubli, K. K.
20 Burnett, Geo. H. -. . 53 Kuehn, Louis
21 McCourt, John 54 Lewis, D. C.
24 George, S. S. 55 Lynn, Walter G.
29 Kerrigan, T. M. 56 Simmons, Mrs. C. B.
30 Rossman, George 57 Woodward, William F.
32 Tucker, Robert 64 Lovejoy, George A.
34 Hewitt, Louis P. 74 Meindl, Fred J.
36 Hurst, Roscoe P. 77 Myers, Stanley
39 Klepper, Milton R. 81 Rankin, John Howard
43 Clark, W. J. H. 82 Walker, Dow V.
15 Adams, L. H. 83 Martin, Sam B.
46 Brownell, Cyril G. 85 Funk, George R.
47 Campbell, E. R. 88 Thomas, George" B.
49 Hurlburt, Thos. H. 95 Bigelow, C. A.
No ticket genuine unjess signed by W. C. Elford, Secretary,
and bearing the corporate seal of Oregon Federation of
Patriotic Societies (Inc.).
The above ticket has been carefully selected and is recom
mended by the Oregon Federation of Patriotic Societies (Inc.),
which believes the candidates named to be trustworthy and
responsive to the highest American ideals. '
This Federation receives duly accredited delegates from
various patriotic societies, and no candidate or officeholder
or deputy, elective or appointive, federal, state, county or
city, can be a delegate. It has but one object that none
but real Americans be placed in official positions.
This is the only authorized Patriotic Ticket for the official
slection, November 7, 1922.
OREGON FEDERATION OF
' PATRIOTIC SOCIETIES, Inc.
W. a Elford
547 Maiden Avenue Portland, Oregon
. Capital, Surplus find Undivided Profits,
' a guarantee fund for the protection
' v.. of our depositors.
Sk BANKOF CALIFORNIA
lAWATlONAI BANK) ft.inrl
rihird and SurKStnOS
OF WASHINGTON, D. C.
A lecturer and educator of broad experi
ence and unusual ability a powerful and
convincing speaker who knows his subject
Will Sprak for the
Compulsory Education Bill
. TONIGHT NOVEMBER 6
SCOTTISH RITE CATHEDRAL
A. A A, S. R. School Committee, 7Z1 Gasco Bids.
. 1 11 g
1 1 Vf . jzxiA -4 sJ
To Favor the 1927 Exposition '
Portland voters must vote on TWO measures. !
Vote.308 x Yes
for state amendment
Vote 500 x Yes
on city charter amendment
Both Measures Must Pass to Make Exposition Possible
(Paid Advertisement by Oregon 192" Exposition Committee)