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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Sept. 21, 1902)
THE SUNDAY OBEGOKIAK, BTNi, 2J, 1S02. 25; RESERVE WIPED OUT Deficiency in NewYork Banks' Surplus Account $ SHOWN BY WEEKLY STATEMENT Loans Show a Contraction of Nearly Twelve Jlilllons, and Deposits Fell Off Twenty. Millions. NEW YORK, Sept 20. The Financier says: The most striking fact shown by the official statement of the New York "as sociated hanks last week was that the surplus reserve had been entirely wiped out, leaving a. deficiency of $1,642,050. It is noteworthy that this Is the first time elnce November 25, 1B99, that a deficiency In the reserve has been shown; then It was $6,632,200. It may be observed that the wiping out of the surplus last week should excite no apprehension. As has heretofore been stated, reserves are for use, not ornament, and whenever the needs of the situation demand an en croachment upon the surplus, even to the extent of its entire extinction, it is per missible, and is so recognized by the Con troller of the Currency. Moreover, It may be noted that only the National banks in the assoclalon, numbering' 42 out of the 59, are required by law to maintain 25 per cent of reserve to deposits, the remaining 17 state banks being obliged legally -to bold but 15 per cent. The banks In the association are exceptionally strong a? regards surplus and net profits, which ex ceed by $14,464,400 the total capital of JlOO, 072,700, and, therefore, there cannot be the least cause for anxiety.- Tho banks will In the current week and Immediately thereafter receive consider able gold from Europe and from other eources, and hence the present situation will be supposedly relieved. The banks last weekTeported a loss of $7,331,700 cash, specie being reduced by $5,768,100 and legal tender by $1,563,000. This loss was much greater than that which was estimated on the basis of the traceable movements of money during the week, which showed a probable decrease of $4,035,000. The dis crepancy can be accounted for on the theory that there was a much greater movement to the interior than was re ported. The loans were contracted by $11, 964,500, making a reduction since August 15 of about $41,500,000. This contraction was doubtless due to calls of loans by banks which thereby sought to rectify their position as regards reserve. The de posits fell off $19,S9S,300, or $71,200,000 since August 16; the reserve requirement was reduced $4,974,575 through the decrease in deposits; deducting this sum from the sum of cash leaves $2,357,125 as the loss of surplus reserve which, as above stated, now stands as a $1,642,050 deficiency. The circulation will be Increased during the week $493,800, making $2,178,600 since Au gust 9, which increase was distributed among the larger banks. The average daily clearings last week were $258,000,000, against $277,000,000 in the previous week, reflecting the smaller vol ume of business in the stock exchange. The statement of the associated banks for the week ending today is as follows: Loan. $887,534,400, decrease $11,964,500. Deposits, $888,871,000, decrease $19,838,300. Circulation $34,761,300. Increase $195,800. Legal tenders $90,568,500, decrease $1,563. C00. Specie $150,007,200, decrease $5,768,100. Total reserves $220,575,700, decrease $7,331,700. .ecT,'e reiulred $22,217,750, decrease $4,974,575. Deficit reserve, $1,642,050, decreasc $2,357. 125. ' ' EFFECT ON XEW YORK STOCKS. Active Selling Movement Followed. Appearance of Bank Statement. NEW YORK, Sept 20.-The problem of the money market was thrown into an acute stage again today by the disclosure of the bank statement that the reserves of the clearing-house banks were $1,642, 0a0 below the legal requirements. This was in eplte of a contraction in the loan accounts of $1,964,400, the shrinkage in the cash holdings having reached $7,331,700. as fFL primary estimates of less than $4,000,000. An active selling movement fol lowed tho appearance of the statement, -which effectually wiped out the previous gains which had been established under the leadership of an aggressive advance of 2 on large buying of St Paul. There yas no appearance of urgency in the sell ing, and the. losses established were not severe. The market closed distinctly easy and with no effective rally from the de cline beyond the covering demand from room traders, who took quick profits on .the decline. The last time when a defi ciency developed in the reserves of the New York banks was for the week ending Novembers 1S99. The reserves continued ot a deficit for several weeks following, In spite of large loan contraction, the deficit reaching $2,788,950 on November 11 and disappearing on November 25 as a result of the relief afforded by the offer of Secretary Gage to purchase $25,000,000 b per cent fives and fours of 1907. This was the period of the first large flotation of Industrials, and the overspeculatlon which had occurred in them left the stock market vulnerable to tho Influence of tight money, which persisted lntp Decem ber. Further loan contraction Is" clearly indicated by the present condition of the market The situation and outlook in the money market have dominated the speculation in stocks throughout the -week. Losses" have not been severe at any time, and the early declines were largely recovered near the end of the week, as rates for call loans at the Stock Exchange showed a steadier tendency. But there was no revival of animation which characterized the specu lation up to the time it was interrupted by the money squeeze, and only a few stocks showed any considerable activity, even after the relaxation in the stringency of the money market It Is probable that the restraint of the speculation had much to do with the quiet tone of the money market, although some relief was afford ed from the process of depletion of New York banking reserves, without, however, entirely arresting it All pressure of liquidation seemed to be promptly relieved as soon as the calling of loans ceased, and prices of stocks were easily lifted again without inducing any Important renewal of the selling. This was a reflection of the unvarying confi dence which is felt in the promise of act ive trade and prosperous conditions dur ing the coming season. Some effect was manifested early in the week from the freezing weather In the Northwest and the reports of damage to the corn crop, but tho belief that the crop is practically made and beyond the reach of serious harm overcame this influence. Tha continued bad reports of the cotton crop were a more persistent influence. Rumors of a formal settlement of the anthracite min ers' strike were followed by disappoint ment, but there was evidence of a con siderable increase in the shipments of coal, which Induced the belief that the trouble will wear itself out The iron and steel stocks quite general ly advanced, and various other Industri als reflected the favorable conditions In their special trades. The tight condition of the money mar ket and the danger, therefore, of future flurries, was the only apparent drawback to the advancing tendency of stocks. The activity of trade and the large require ments there created was one of the fac tors that threatened the money market and especially the convenience oftbose who are committed to speculation with I borrowed funds. With unusually large vi" uiufu, iwuuiuuu vi ex panded credits the country over, and for eign exchange still complicated by the heavy decrease in exports duo to last year's crop shortage and large foreign borrowings made In anticipation of a sus .talned export trade, the situation Is still further aggravated by the large customs collections and the approximate exhaus tion of the available means for releasing the Government's surplus revenues to the market. Since July 1 the 'Government has cpl lectcd over $16,000,000 more for customs than In the corresponding period last ?ear, which is several millions more than the reduction in the internal revenue from the repeal of taxes on July 1, It is only by reason of an Increase of over $16,000, 000 in the Government's expenditures that the current surplus has been reduced about one-third, but payments for cus toms duties are made almost exclusively in New York, and make a dally drain on the New York bank reserve. Last year the United States Treasury was purchas ing bonds at this period at the rate of several millions a week. This week the offer to pay the October 1 Government in terest has resulted in the disbursement of less than $2,000,000 to the New York money market. Free Government bonds held by National banks have been used to the extent of over $4,000,000 as securities for increase of Government deposit with banks, but practically none of this has gone into New York banks. The payments to the Subtreasury on ac count of customs and the deposit with that institution of currency for telegraph ic transfer to the interior largely exceed ed the disbursement of Government in-, terest, so that bank reserves have not en Joyed any actual recuperation from that source.' The feasibility of additional meas ures of relief by the Treasury Depart ment have been actively discussed during the -week in "Wall street, but -none has been found that meets the approval of the Secretary of the Treasury. The 20 per cent money rate on Monday sent the sterling exchange rate down to a point which made possible the engage ment of gold for import to the extent of $3,500,000 In London or in transit to that point. Shipments from Australia made this week or before brings the total gold bound for this point to about $S,000,000 due to arrive In the next three weeks. The future condition of the local money mar ket, it Is believed, will turn upon the ad ditional amounts of foreign gold which can be secured on profitable terms for shipment to New York. Bankers agree, however, that with the additional Interior requirements for currency still to bo met, there is a probability of tight money in NewJTork for several weeks to come. Bonds have been dull and irregular, in sympathy with stocks. United' States fives advanced 4, new fours Vz, the threes , and the twos and the old fours 1 .per pent, .as compared with the closing call of last week. f Banlc Clearing. Bank clearings ' of the three principal cities of the Northwest for the week end ing September 13 were as follows:. ' Portland. Seattle. Tacoma. Monday $ 718,733 $- 857.764 $ 341,844 Tuesday S30.02T 1,009,729 279.547 Wednesday ..... 598,674 771,354 235,005 Thursday 639,387 752.977 235.877 Friday 464.858 803.351 1SS.427 Saturday '3Gt,549 764.3S0 181,806 Totals $3,636,228 $4,984,575 $l,462,5v Clearings for- the corresponding week In former years were as follows: Portland. Seattle. Tacoma. 1901 $2,228,876 $3,051,631 $1,000,129 1900 ,2,425.276 3,316.551 1,284.334 1899 1;649,231 5,400,326 1,226,161 1S98 , .1,542.602 1,761,615 682,952 1897 1.819.-395 053.9S1 "711,962 Clearings and balances Saturday- were as follows: Clearings. Balances. Portland $365,549 -$37,032 Seattle .- .764.250 338,108 Tacoma ISLSOo 28.700 Spokane 206,376 93.703 Imports and Exports. NEW YORK. Sent 20. The Imports of specie this week were $105,19? gold-arid $23,- 713 silver. The exports of .specie from this port to all countries for this week aggregato $450,616 silver and $2000 gold. The imports of dry goods and merchan dise at the- port of New York this week were valued at $11,333,073. Daily Treasury Statement. . WASHINGTON. Sept 20. Today's Treasury statement shows: Available cash balances $218,189,747 Gold f , 131,091,305 FACTION FIGHT IN MONTANA Clarlc and Heinze "Struggle for Con trol of Democratic Party. "Montana Is in the midst of a faction fight for the control of the Democratic party." said John F. Forbis, one of the principal attorneys of the Amalgamated Copper Company, of Butte, who' is at tho Portland. "Senator Clark has been the undisputed leader of the party in the state since the election of 1900, but F. Augustus Heinze, a recent convert to Democracy, has undertaken to wrest control from him. "In the campaign of 1903 Clark and Heinze were allies, though Heinze was then a Republican In name, at least Heinze organized' what he called the eight-hour Republican party, which In dorsed the fusion ticket and aided in the election of the Legislature which elected Clark Senator. But the Legislature no sooner met than Heinze sought control for his own ends. He tried to secure his own election as short-term Senator, and his supporters held up the election of Senator Clark for 10 days after the Legis lature met "When Heinze announced last Julv that he was a Democrat he immediately 'be gan to lay plans to wrest control of the p'arty from Clark. He secured the adop tion of his plan of apportionment of dele gates to the state convention by the state committee, and his supporters bolted the meeting of the Silver Bow Count' com mittee and called a separate convention. x.e is a man of considerable means and of great energy and ability, and while he cannot compete with Clark In the amount of wealth he has available, he can make a very interesting flght Clark has the reputation of having used money freely In former elections, and If he should do so this time, there will be exciting times in Montana, with good chances ot Repub lican success. "It Is openly charged by the Clark men that Helnzc's object Is not so much to secure control of the Legislature as to control the courts. He Is engaged In a number of suits In regard to valuable mlnca In Butte under the extra-lateral right law against the Amalgamated Cop per Company, he being at the head of the United Copper Company. It Is charged by the Clark Democrats that he wishes to have the Supreme Court enlarged to five Judges, so that two additional Judges would be appointed by his friend. Gov ernor Toole. It is claimed that he would then control a majority of the court, af least that Is the version of the case given by tho Clark men. "As a Republican, I have no direct in terest in the fight, but as my interests are those of the Amalgamated Copper Company, for which I am attorney, I am naturally an Interested party. While I do not believe that Heinze can win, he can certainly give Clark a hot -fight" THROUGH THE COLUMBIA RJVEIt GORGE. A delightful trip of a few hours will take you through the famous "polumbla Fiver Gorge," the greatest combination of river and mountain scerfery on earth, o. R. & N. train leaves Portland dally at 9 A. M. Return can be made by steamer from Cascade Locks. Special low rates for this trip. Get particulars at O. R. St N. ticket office. Third and Washington. EXCURSION TO "WASHESGTOX, D. C. For G. A. R. encampment Washington. D. C, October rttfU. the O. R. & N. wI sell round-trip tickets for $77 35. good 60 days. Dates of sale, September 29 and 30. MAKE PRACTICAL MEN FACTS RELATING TO PORTLAND ASSOCIATION fiSTITUTE. Courses la Commercial, an A Te clini cal Sabjects the Leading Feature -Other important Branches. It may surprise many to learn that the school in Oregon haying the largest at tendance of young men is not the State University, the Agricultural College or Portland High School, but the Portland Association Institute in the Y. M. C. A. building. This school has had a steady growth since It was started five years ago, not only in attendance, but in the, confidence of educators and practical men of affairs. Y. M.C. A, STUDENTS AT WORK ON MECHANICAL AND ARCHITECTURAL DRAWING, The growth In numbers Is well shown In a table found in-the catalogue of the school recently Issued by tho association: a s s s n S q f S Different students 23G 294 331 236 535 Total registration, all class 455 645 795 00 992 No. classes conducted 23 32 32 37 51 No. teachers ' employed,... 13 14 IS lo 23 Many young men begin life at the rear end of the'procession; some, prepare Tor an advance, watch their chance and slip ahead when the opening comes. These are -the kind that are attending the night Classes at the Association Institute. The man with determination always gets ahead; there are several ways of making up .educational deficiencies; . study- at hpme, evenings is one, but it lacks in centive, and ia like sawing wood".- The association. night classes come nearer fill ing the need. There is inspiration m numbers and a competent teacher ,1s the great factor in all thorough" educational work!. The Purpose of the association cecms to be' to teach -young men. something practical that will fit.themto fill their present positions bet ter, to do their work more easily, to give them better jobs, to enable them to get better salaries, and to do It when they feel theneed of what they lack and are ready tolearn. Perhaps the great factor of strength in this night school that'ls not even real ized by the students who attend is Co ordinating the social and entertainment features with the educational In the samo building. The young men are ambitious and think they only want to study book keeping or electricity, butafter the day's work the coming into the large building with music, good fellowship and games of all kinds to interest for even a few min utes before and after class Is of incal culable value in helping along the serious class work. The 75 Classes. One of the strong features . of this school is that it provides suoj a large list of different studies for the young man to select from, so he can fit him self In the institute for almost any call ing. This season over 75 different classes have been arranged for. Including alge bra, arithmetic, architectural drawing, bookkeeping, commercial law, commercial geography, commercial correspondence, carpentry, clay modeling, civil service school, electricity, electrical practice, elocution, free-hand drawing, geometry, German. Latin, mandolin and guitar," machino design, mechanical drawing, -manual training, penmanship, photog raphy, physiology and hygiene, plumbing, public speaking, reading v and spelling, rhetoric, shorthand, Spanish, trigonome try, typewriting, wood carving, vocal music. The CoHrses. Students may take any one ot tne classes separately or select courses them selves from the large list of branches taught However, eight regular courses have been arranged for those desiring to take up special lines of study. These courses are English, commercial, short hand, electrical engineering, mechanical engineering, plumbenp, carpenters and builders. - Two of these courses are new this season, viz., the plumbers' and car penters'.. The main purpose of these tech nical courses is to make more efficient those who are already In the business, rather than to try and make plumbers and carpenters of those who have no con nection with the trade. In the engineer ing courses, while all unnecessary work is eliminated in the mathematics and other parts of the work, the student Is given thoroughly to understand tha there Is no "patent" or "cross-cut" meth od of acquiring knowledge. These courses follow and work to recognized, educa tional standards. . Tho Faculty. The teachers are specialists drawn from the various schools and business estab lishments of the city, as shown from the following array of names: Reno Hutchinson, director educational department R. R. Steele, High School, arithmetic Jennie Conners, Holmes Business Col lege, shorthand and typewriting. John A. Wesco, penmanship. Merwin Pugh, City Auditor's office, bookkeeping, commercial law, commercial correspondence. Jame3 R. Thompson, electrician for Portland General Electric Company, elec trical engineering. G. E. Jameson, Principal Thompson School, English. David W. "Ja'rvis, Principal Atkinson. School, reading and spelling. Joseph Jacobberger, architect, archi tectural drawing. W. F. Hose, draughtsman O. R. & N;,. mechanical engineering W.- J. Stanley, .manual tralalitg-, car pentry, clay modeling, wood carving. Waiter Haynes, assistant manual train ing, electrical, practice. 'W. H. Boyer,' vocal mus$o. C. RabagUatt madolln. guitar, Spanish. Arthur E. Breece, High Scaoql Algebra, geometry, trigonometry. . Thomas E. Hulme. city plumbing in- hspector, plumbing. camuei u. uowns, jrrincjpai seiiwooa School, boysV English course. Ethel- Webb, St Helen's Hall, elocution, public speaking, J. R. Wetherhee, M. D. pbyshfiogy, hygiene. J. W. Tollman, with Woodard, Clarke & Co., photography. C J. Stevene, pupil Frank DuMpndt freehand drawing" and life class. R. F. Robinson, County Sc.ho.ol Superin tendent, commercial geography, rhetoric J. EL Gantenbeln, German, Latin. William Hayhurst assistant com mercial subjects. . Manual Training: Department. One of the most Interesting features of BUILDING AND ONE OF ITS the association Is the manual training department Special rooms and shop; have been equipped for this work with new benches, tools and machinery, af fording the best plant for giving instruc tion in manual training, carpentry, wbod carving, etc, to be found in the Pacific Northwest The work as conducted for boys Is not Intended to be a trade school, but to supplement the public school work by surrounding the boy with the realities of life In thought and things. The development ofprlnclplo Is sought rather than a finished piece of work, though many things that are both beautiful and useful are made by the boy: in the shops. The shop instruction is Intended simply as the laboratory method Qf education. The courses are progressive and graded. Patience, painstaking, neatness, dex terity, courage, honesty, are among the many qualities developed by this work. Art Department. Thl3 department has been greatly en larged this season; more time, room and money has been devoted to it; arrange ments have been made for day and night freehand drawing classes. These may be taken separately or with classes In man ual training, wood carx'ing or clay 'mod cling. There, are elementary and ad vanced classes In all these subjects. Worklnsr Boys' School. Another new feature this season Is the separate working boys' school, giving in struction In the regular public school branches, besides providing boys tho op portunity to take classes In drawing. pen manship, electricity and other special subjects. The work of this school, like the evening classes for men. Is especially Intended to be practical so as to fit the boy to earn a larger salary and be more efficient whatever his position. Supplementary Features. Tho association has a splendidly equip ped gymnasium, a magnificent swimming pool and hand-ball court These, together with the reading rooms and library are of great value to the students in the in stitute. During the season there is a. succession ox practical taiKs, lectures, concerts and entertainments that have large educational value and are open to students of the association. JERSEY'S PURCHASE PRICE Sold by Indians for Rum, Axes, Ghhb and Trinkets. New York Times. Carefully locked away In one of the fire proof tafes of the New Jersey Historical Society there now are two valuable docu ments that tell of the early colonization of the state. The first is a deed on parchment from Charles H to his brother James, Duke of York, afterward Klrig of England, giving him a grant of all lands from the St Law rence River to Chesapeake Bay. The only two names on the grant that Ameri cans of today would recognize, arc Nan tucket and Cape Cod, which are spelled as they are today. The St Lawrence River is designated as "The Great River in Canada." The deed iseautifully written In Gothic lettering, and the document Is in excellent condition. Under each line of writing Is. a ruling of red, evidently done with a quill. The parchment is over two feet in length, and to the bottom Is attached what was once a large seal of wax. Gold and silver cords are fastened to the seal. In an "upper left-hand corner Is an engraving of Charles II, and the borders of the deed are filled with pen-and-ink de signs, delicate and beautiful. The docu ment Is dated from Westminster In the 17th year of King Charles' reign. While tho ded Is apparently the original, for the amount of Work expended on it would not be given to a copy, no signatures appear, and apparently none was ever placed on it Frowning: on a Crucl'project. St Louis Globe-Democrat. President Roosevelt shows sense as well as humanity In discountenancing that proposed cowboy race from Deadwopd to Omaha. Many horses would be killed 1n the race If It were to take place and nothing would bo proved by It Tho con test would give a little cheap and vulgar notoriety to the persons engaged In It, would Inflict needless cruelty on the horses which would participate and would do no good to any person or thing. Thanks Extended. The ladies who had charge of the flower booth, which wa3 conducted for the bene fit of the Patton Home at the Carnival, wish to extend their thanks to the Car nival committee, the Shriners, the con tributors of flowers, and to the public generally for their liberal assistance and patronage. " QUARTZ MINE NEAR CITY TWO FQKTLAXDERS RETURN, FROM .VISIT 'TO THEIR LEDGE. .Fifty ' Miles Away, ea the Salmon Hirer, They Are Developing a R3C Property, Edward Renfer and Dod West returned last evening from a week's trip to their quartz mine, located about ?lx miles from Welch's place, on the Salmon River. They are well satisfied with tlje developments in the mine.- which isowned by half a dozen Portland men, who made up a purse to run a tunnel to ascertain what it contains. Already the tunnel Is in 125 feet Some Very fine ore has been taken out which CLASSES assays high in gold, Bllver, copper and lead. At first the vein was but an inch in thickness, but it has widened out to three feet and the ore is cettlntr richer as the tunnel advances. -Mr. Renfer brought In a sackful of the ore, and all who examined it say It looks like the real thing. An expert pronounced it ex ceedingly promising. The owners Intend to spend $2000 more in development By that time they will have a 300 or 400-foot tunnel, and will know what their mine is worth. If the ore holds out as the present Indications promise they will put In a mill and reduce the ore. They have a force of men con stantly extending the tunnel, and expect In less than a year to know whether they will be justified in putting In a mill. From the character of the ore taken out Mr, Renfer thinks that one concentrator will do the work. This will cost about $10,000, while If they have to smelt the ore the mill would cost $30,000. The ledge Is 50 miles from Portland, and can be driven to In one day. Mr. Renfer says thfft the road to Welch's has been obstructed by logs that had fallen during the fire, but when they came back most of these had been re moved and tho road cleargd . ' WORK ON SCHOOLIIOUSE3. Snnnysldc Bulldinp: Is Nearly Fin ishedOthers Are Behind.-. Work on the Sunnyslde, Sellwood and Woodlawn schoolhouses Is progressing slowly, especially on the last two build lngs.. At SunnysJde the schoolhouse will be finished ready to bo occupied by pu pils In about six weeks. PUsterlng- and tinting of rooms are finished. Delay In this building was caused by want of lum ber. The building would have been fin ished in time for the opening of school had thero been no shortage of lumber. which was no fault of the contractor. At Woodlawn only tho basement walls are finished, and carpenters are laying tho first floor, which Is not yet finished For this building lumber In small quan tities is being obtained from the Van couver mills. Thero has been so great a shortage of lumber at this building that the foreman this ,week. laid oft five car penters. Thero was no material for them to work with. An eight-room schobl- house Is being put up for Woodlawn, but the prospects for using it this school year aco -not very encouraging. The foreman fears ho cannot get It inclosed before the Fall rains. The school is using tho old building and several outside rooms, so the inconvenience ia no' greater than it was last year. At Sellwood the foundation and frame of the new portion aro up, and work Is going forward as rapidly as material will permit Here the pupils are accommo dated in the old building and several outside rooms. Probably tho annex may be completed so that It can be occupied the last few months of the school year, WINTER BATHHOUSE. Structure Is BcIhr Bnilt on Original Plan at Foot of East CohcJi Street M. J. Wllklns Is building what he calls a Winter bathhouse at the foot of East Couch street The structure can bo seen from Burnslde-street bridge, and has at tracted much attention. Mr. Wllklns has been at work on the structure for some time, and is only well started. Pontoons .nd the water-tank In the center are fin lshed. Ho says that it will be two stories high. He proposes to make tho water luke warm In cold weather by means of a boiler- that will hold between 2000 and 3000 gallons of water. When heated to the boiling point the water Is poured out Into tho tank, and tho operation Is re peated. Mr. Willdns is confident the wa ter can be kept almost as warm In the Winter as the Willamette River is on a warm Summer day. On the top of the bathhouses will bo a promenade. Mr. Wilklns offered his plan, he says, to those who built tho free baths, but It was de cllned. His bathhouse 13 about 70x40 feet FAVORS FARMERS' CONGRESS. B. G. Lrcedy, Master State Grange, ' Will Give His Assistance. B. G. Leedy, master of the State Grange, is very much In favor of the congress of fanners as proposed by Even ing Star Grange, No. 27, Patrons of Hus bandry. H. C. Welch, of Mount Tabor, met Mr. Leedy at tho State Fair, and he then expressed himself as pleased that the movement had been started, and said that he would do all he could to make it a success. Mr. Welch also-talked with other prom inent Grangers, and they all expressed themselves In favor of the contemplated gathering. It will take about a month to get re sponses to tho circular letters that have been sent out and It is hoped that every Grange receiving tho invitations will act Downing, Hopkins & Co. EstebllsheJ 1893. ' . WHEAT AND STOCK BROKERS Room 4, Ground Floor Chamber of Commerce promptly In the appointment of a con ference committee. No definite steps can be taken until these responses have been received. As soon thereafter as possible a general committee meeting will be held. Stephens Addition Streets. East Mill street, Stephens Addition, which Is being improved between East Twelfth street and Union avenue, is be ing cqmpjeted. The steam roller has been at work packing the surface for the past week., For this the rain was a good thing and saved the contractor the ex pense of sprinkling. Probabljjjjy the 1st of October East Mill street will be completed. Work Is also progressing on Stephens and East Lincoln streets, in Stephens Addition. A petition is in for the improvement of East Harrison, and the City Council has the matter in hand. Additional Power. At the power station of the City & Sub urban Railway Company an extension was built on the east side of the building to shelter the new generator and en gine which are to be Installed at once. Excavations for the foundations of the generator and engine have been made. Under both there will be. 10 feet of solid concrete. A Babcock tubular boiler Is on the ground, ready to be set in position as soon as the old fuelhouse has been moved. These additions will provide about 00 horsepower, additional to the plant Lents School Mqetlnsr. A meeting at the taxpayers of Lents School district' will be held Thursday evening, September 25, to take steps to rebuild 'the sciioolhouse .recently de stroyed by fire. Until a new building is erected, temporary quarters will be se cured and the school accommodated as well as possible. To Nuxnlier Houses. At a meeting of the Montavllla Board of Trade Friday evening, the committee on numbering houses and naming streets reported good progress. It is hoped that in a few weeks all the houses in this sub urb will be numbered. Residents will find it to their advantage to assist the move ment East Side 3iotcs. Lone Fir Monument Association will hold a meeting this- afternoon at 3 o'clock at 64 Grand avenue. The foundation for a new dry kiln has been laid at the Standard box factory. It will boat $2000. E. S. Brubaker, of the firm of Brubaker, Nomandln Sc. Co.,' of Mount Tabor, who has been in St Vincent's Hospital with severe illness, returned to his homo yes terday greatly Improved.! The funeral of Dr. Lyman B. Trow bridge was held yesterday morning from Dunnlng's undertaking rqoms, and at the close the Interment took place In Lone Fir cemetery, by the grave of hl3 wife, DAILY CITY STATISTICS. Marriage Licenses. RenhMi Xorton. 20: Minnie Hlnton. 23. "Walter F. "Woolrldee, 23; Rosa Fairfield, IT. Deaths. September 17, Hazel C. Abramson, 12 years. 300 Sacramento; abrasion on lip and septic in fection. September 17, Anna Louisa Nagel, 63 years. 040 Gantenbeln avenue, meningitis. September 16. Anna JT. Thoburn, 4T years. 24 East Fourteenth, remittent rever. September 13, Jo3cph J llcMlckcn, 43 years, Good Samaritan Hospital, cerebral hemor rhaco. September 17, Bertha Howard. 15 days, 253 North Seventeenth, inanition. September 10, Minerva Hoare, S days, in anition. Contagions Diseases. September 1C, Florence Hamerlyck. 1S9 Mill, typhoid fever. Births. September 15, to wife of. Elmer Davis, Lor Inp street, a srlrl. ) September 16, to wife of David Franklin, 81 North Fifteenth, a boy. MANY YEARS ALONE For 15 years old Dr. Kessler was the only specialist In this city for diseases of men, and hundreds of men are healthy today who were cured by nim of Prostatic Inflammation or some private disease. He could point to thousands he has cured, but he has always made it a rule to never use a patient's name. He wouldn't tell your own father that he was doctor ing you. His word is good and he guarantees to cure any case he takes. He cured a case of private disease last month that had been treated by five doctors. He wants just such cases that other doctors can't cure. SAD SUFFERING WOMEN The Ladies' Department is luxurious, and there is no need of you suffering any longer from your complicated diseases. Dr. Kessler will see you himself if you call for him. He is a very busy man, but any lady who desires to consult him in person can see him. Quite a number are sent by country doctors. All such are provided with a comfortable, homelike place while they are being treated. Always write a few days before com ing so he can arrange for you. Inclose ten 2c stamps and address J. Henri Kessler, M. D. COR. SECOND AND YAMHILL SIS. Portland, Oregon September 17, to wif of Joseph Shemanski, EJeventb, near Harrison, a girl. To wife of T. 3. Hoare, 238 North Seven teenth, a girt. Bnildins Permits. September IS, Hartman, Thompson & Pow ers, East Davis, East Twenty-third, East Twenty-fourth, two two-story dwellings; $4000. September 19, Ferguson & Houston. Jfprtk Front and Fourteenth, can factory, 512,500. F. P. "Wood. East Thlrty-flfth, between Belr mont and East Yamhill, $1500. Side-TV alt: Permits. "Willamette Steam Lumber Company, Six teenth and Thurman, 112 feet cement. E. J. Godfrey, King and Salmon, 264 feat cement. J. Strowbridga, Second and Morrison, 10Q feet cement. C. k. Rankin, East Eighth and Couch, 50 feet cement. Total, 526 feet cement. , Real Estate Transfers. Sunnysldo Land & Improvement Qompany. 10 csaraa ai. jeweu, lot o, diock o, sun nyslde Jt 204 Jennie R. Backer! and husband to Her bert B. McEwen, lot 1, block C, Kern's Addition IQtt Aiei uameron to a. ai. .fetter, jr., trus tee, N. lot 4, block 34, Central Alblria Leroy Keonan o Jennie "R. Bacfcert, sarna Mary A. "Werner and husband to Charles' 1 IS? Jfc. Werner, lots 11, 12, 13, block 22, Car eon HelKhta Samuel) Werner and wife to Charles P. Werner, lota 4, o, 6, block 22, block 17. Carson Heights "William J. Hill and wifo to C E. Hams- by. lots 1. 2. block 1. Mldwav Annex. J. P. Kennedy and wifo to Anton FasaL lot 10. block IS. Lincoln Park Aneex 3M P. H. Marlay to "W. B. Wallace, -lot o ' ! block 7, Proebstel's Subdivision to Al- blna .. .. . M 2 Hannah Young to "William Helming, lot . 12. block 41. Fulton Park 0t Harriet Kennedy and husband to Margaret u. Artnur, lot 15, diock v, 'iiDDctva Homestead . 48 Nellie M. Thorn and husband to Ida R. Brande, fraction lot 6, west ft lot 6, block 3. Solan's Addition , . 2109 T. J. Cleeton and wife to Geo. Good, SW. Sec 24. T. 2N..E.2 W... Wto I. B. Darety to T. J. Cleeton. samo...-. 1 Alt A. Baker and wife to Fred R. Mason, lot 14, block 2. Smith's sub. E. F. JtWO Percy H. Blyth and wife- to John W. Brown et al., lots C, 8, block 145. Couch Addition 4SQ .A. S. Ellis and wife to Julia Stark. B. H W. i lots 8, 10. block zv. Alblna Home stead .. - 1209. H. N. Scott Jr., to "W. H- Nunn, Jr., lots 9. 10, block 17; lot 16. block 18, Lincoln Park - 3 Daniel Padrlck and wifo to Edw. J. Jaeger, lot 22. block 1, "Woodlawn. ji Henry L. Coffin to Alma F. Morgan, Sea. 11. T. 1 S., R. 1 E., In Gideon Tlbbetta D. L. C .V. 12M Alice C. Hanna and husband to Chas. N. wonacott lot 0, block 10. Tllton's Ad dition , . 320 Jas. M. Wallace and wife to G. G. Gam mans, portions lots 9, 10, 11, 12, block 1. North Falrlawn - 1 B. M. Lombard to Jas. A. Randall, lot 7. block 11. Sub. Proebstel's Addition to Alblna 1600 C. J. Decker and wife to B. M. Lombard, same 1630 Chief of Police to Victor Land Company, lot 16. block 0, Multnomah B4 D. Marx et al. to S. J. Nelson and wife, lot 24, block 6, Alblna 700 A. L. Hclman to S. P. and Augusta Roes, lot 17. block 2. Sub. "C," M. Patton Tract , 925 Jacob Mayer and wife tu James McBride, fraction lots 4, 6, block 1, North Port land 2000 S. Swanson to John Donnerberg. Sub; E. lot 1, block 5, Portland Homestead 1 Chas. Ashman to Samuel Swanson, sama. 1 For Gnarnnteod Titles See Paclnc Coast Abstract, Guaranty & Trust Co., 204-5-6-7 Falling building. 3Ioral Saasion and a Strap. ' Brooklyn Eagle. "Shq eeems to have abandoned her moral suasion Ideas relative to the train ing of children." "She has." "How did it happen?" "Well, I was largely Instrumental in bringing about the change. You see, she has. no children of her own and I grew weary of her constant preaching and theorizing, so I loaned her our "Willie." "Loaned her your boy?" "Precisely. She was to have him a week on her solemn promise to confine herself to moral euaslon." "Did she keep her promise?" "She did, but at the expiration of the week sho came to. me with tears in her eyes and pleaded for permission to whalo him Just once."