THE. SUNDAY
OliEtiOXIAX. PORTIAXU, OUTUBKK n, 1VOD.
DIRECTQHS BLAMED
rnnmmrPK
ri
Grand Jury Wrestling With Re
port on Oregon Trust &
Savings by Experts.
SHOCKING CONDITION FOUND
TaiiKlcd Rooks flociil fusting 1
Shortage l'crmi ion to UrlnK
Milt Asa:nt IMrpctnrs I
Petitioned I'rom Court.
T:ie gr:iU jury. in session et th
otfire of District Attorney faniriTi. es
frdey started an invi .t:s;iti"-i of tfie
looting of th fun.ls of the wrecked Ore
gon Trust A Savin?? Bunk with the In
tention of returning indictments against
til? directors of tlie institution if rim
Inal negliceuee or criminal Intent were
apparent in the transaction." which led
up to its failure.
This investigation for the presrnt will
he confined to the digestion of the re
port of tlie experts, who have after many
weeks of work m:ide an analysis of tlie
bank's books and In the announcement
ef their fin.lines subject the directorate
of the institution to a terrible arraisn
ment. directly attributing to them the
wrecking of the bank.
1 his report. which represents an exam
ination of the books of the bank during
its entire career, comprises a book of 40
pages, and Includes both tire exnosc in
tigures of all questionable deals and the
comment of John Richardson, chief ex
pert, r ho had the work in charge. It
Is believed it will take a number of days
for the Jury to arrive at a clear under
standing of the mass of fitrnres compris
ing the report, and then witnesses, some
of them the various directors themselves.
If they care V appear, will be asked to
testify before the inquisitorial body.
1 From the deductions apparent and the
charges preferred in tlie official report
of the public accountants. It is prophe
sied Indictments are sure to follow. Tlie
jury received the report but a short
time before It adjourned and was aule
to Rive it only a cursory perusal. It set
V) o'clock Monday morning as the next
hour for convening, when the batik in
vestigation will agr-in be taken up.
All Deals Set Forth.
This report sets forth In detail an
analysis of all deals between the .bank
and the order of Washington. I-afe Pence.
Golden Eagle Drygoods Company. John
Karrctt Company. Board of Trade Build
ing Company. Washington Railway &
Power Company. Pullman Auto Car Com
pany. Pacific & Kastcrn Railroad and
others, the combined losses of which
caused the bank to ilose its doors and
refuse payment to its depositors. It
ba -ks up v ith figures and tha records
of the bane's hooks the charges that W.
II. .Moore. H. A. Moore. V. Cooper Mor
ris, K. K. L-tle and L?o Krle.le. who
were the directors of the bank on the
ilate if failed, must liavi boon fully
cognizant of 'lie juggling of the depos
itors' money an-J the forgeries resorted to
on the books to cover up the trail of
the high financiers. The report ehows
within all bounds, of reason that these
directors, or some of them, deliberately
used tlie bank s funds for their personal
speculations.
All of these directors have signified
their willingness to stand investigation
except W. J I. Moore, w ho has been ab
sent from the city for several weeks
and who is reported to be In Canada.
His brotiier. H. A. Moore, has not been
able to learn when he intends to re
" turn.
About the same time the grand jury
began Its Investigation yesterday it be
came known that on Friday Attorney
A. E. Clarke, on behalf of the receiver,
Thomas C. lcvlln. of the Oregon Trust
& Savings Bank, had informally filed
petition with Judge Gantenbein. .seek
ing permission to bring suits against
those who were directors of the bank
at the time it closed and also against
W. II. Copeland. 1 O. Ralston and
Albert T. Smith, who had been directors
during some earlier, periods of the
bank's career, to account for the nu
merous shortages. Reiiyests were also'
filed which included Georse Estes, S.
W. Stryker and J. K Keddy. as co-defendants
in connection with the Pacific
& Eastern railroad deal, and the name
of louis J. Wilde in connection with
the purchase of telephone bonds made
by the bank.
Attack Made on nireeloratc.
Thus the men concerned in the mis
management and In the high finance
of this institution were made the center
of a vigorous attack yesterday. Tlie
petition was presented to Judge Gan
tenbein because the bank is in the
, bands of a receiver appointed by
Judge Gantenbein and no action can
be taken without his consent. The rea
son for the suits against the men at
this time Is that according to the order
of the court made in February, the re
ceiver has lolose the affairs of the.
bank by February 11. 191".
There are nearly 1000 depositors of
the bank remaining whose claims have
pot yet been settled because the re
, ceiver has been unable to convert Into
cash the assets of the bank, one of the
. principal assets being the money
wrongfully used and never returned.
What decision will be rendered by
Judge Gantenbein to these requests for
suits Is not yet known. One of the
conditions under which the German
American Bank took clyirge of tie
bank wreck was that It should have
. the right and power to enforce the
collection of all claims, hence It Is not
believed Judge Gantenbein will decide
in opposition to Ms first order. Tlic
wording of this clause, which forms a
part of the contract by which the German-American
Bank stood guarantor
for the claims against the wrecked
bank' follows:
The German American Bjnk hec-nnes pur
chaser of all arrets of the Oivft'Mi Trout Sav
iuu Bank. Inclu-ltrn the leaseheld. Imereet in
nl to the ;.remli.- wh.re the banking bul
dch was carried en. the bank fixtures therein,
the liability of any ttockholr of mid bank
for ary uni-atd part of his ubserlpticn to tlto
capital etoek therein, and ery or all prop
erty or vroirtles u!d cr i-onvcyed by any
peraon or pernors to Cic Ml.i Oregon Trurt
& avinis Bank an.I to the receiver for tha
purpose of asslstlrs In Its liquidation or
otherwise. It bein intruded comprise and
embrace all a.sJ-tj of every character ar.tl na
ture of the eald i regen Trust & Savings Bank
cr its receiver, with the itame riant and power
lo enfor.e the collection tr the benefit of tha
lierman-Amerii-an Bark of all chosr In anion
and other ciatms of every charrcter and na
ture with the rante rlht which tlie Oregon
Truit A savings rank woul-l have had in
the evnt thai it had not son Into the hand
t( a receiver, f
The text of the report rendered by
the firm of Lester. Merrick & Her-
rick follows:
Introduction.
Our instructions were M make as com
plete an investisation as isihle from
it.. l.eftnTiinir of busine-s to the close
thereof, uu August iV. V.". We have, ac- I
jnvwnLurvur dhui
natters wlth-
I'pon the commencement of our exam
ination, we found that the books bad
n'-ver baen reduced to a balance sheet
form. and. additionally. irJ in n very
crude state Accordingly, tlie statements
of financial conditions presented in this
report are presented 'n trial balance form,
cither upon a classified basis, or. with re
spect to comparative statements, upon an
un lassiried basis.
We rind that tlie Oregon Savings Fank
ns incorporated March V: 1!M. with a i
authored capital st.x-k of $1"V-' '. 1 ho
ram- of the hank was subsequently
changed f r- :t ti e Oreron faviugs Bans
to the i'-e.4i Trust & Savings Bank, the
date'of which change we hae no know 1
rd e of. awe have not n tlie orig nal
art e!es of incorporation, nor any supple
mentary articles of incorporation.
Classified Tr!oi imlance, Mny 5. 104.
'rVvj is the firs: statem?nt prepared by
the bank and is evidenced by the books
as at tiie close of bi:s::,ess on May !!4.
and Is apparcntlv tiielr condition after tlie
cb-se o! the first day's business. There
Mere no original entries in the books of
account appertaining to the official incor
poration of the bar:k. nor were there any
stock ledtrei. imrnal and transfer books
visible that would enal'lf us to show that
t! e capital stool: hr.d bcn fully sub
fcrfbed at this date, and additionally,
had been paid in full.
Clnavllted Trial Balance, August 20, 1007
This statement Is presented, showing
the .-tpparent condition of the bank the
dav it closed its doors, mainly by reason
of the fact that it shows the vast increase
in tiie business of the bank. Particularly
in savings deposits, general deposits, and
.e j .i -.a ...tltl.-jtu, .r fle-
i:ne. mil ami io-iiiiim ,.,n,'c... t
n.sit in the short period of three yearsT
A close scrutiny of I his statement w ill
show the insolvencv of the hank at that
time As a matter of tact. .we have found,
during our examination, no time when tlie
bank was In a solvent condition. This
would probably account for the fact that
the books were never reduced, at any
tine, to a balance sheet form. .
Comparative Trial Ilnlancca: Decem
ber 14-15, 1006.
This comparative statement is presented
to show- the numerous fictitious .entries
that were made in tiie accounts on De
cember 13. lSHti. It was npon this day that
we found that the official of the bank
increased the bonds a. id warrants account
In an amount of r.:r!. representing
portion
f eerixin stock bonuses that tiiey
i had received from the National Securities
I Company with tiie purchase of Puget
Sound .Honi Telephone I ompany nonds.
As an offset to this charge to bonds and
warrants of tlie slock of tlie Home Tele
phone Company, there was credited to
the loans and discount account an amounr
of ilr.lXe, covering an apparent note of
W. H Moore for $?9.1o and an apparent
note of W. C. Morris of J!o. There also
appears a cash shortage on this date of
in A". On this particular date. Decem
ber ir, 118. the loan and discount account
is also charged with a note of E. E. Lytle
In tlie sum of $35. Wf. though said note was
dated October I". I !'. which is also the
date of the stock eertllh'ate Issued to Mr.
Eytle. As an offset to this I.ytle charge
of $35,000 to the loan and discount account,
there appears a credit to tlie same ac
count in the sum of $i.(W. presumaoiy
rcprer.enting the withdrawal of an ap
parent note of W. C. Morris for jr..0n0 and
of W. H. Moore for J'a.o.X). There also
appears In the accounts on this date a
charge to tiie loan and discount account
in the gum of $.V:.00o. the contra credit
for which is evidenced by the creation of
a surplus account of I.Vi.tiOi-. In other
words. tlc charge to loan and discount
account in tile sum of t.Vi-.oOc. as noted,
and tlie contra credit to surplus account,
appear to be fictitious entries and repre
sent a deliberate falsification of tlie ac
counts. In order to present. In an Intelligent
manner, the falsifications nbove. we pre
sent the entries in the following journal
entry form: .
Dr. Cr.
Bonds and warrants (P. S.
Home Tel Co. stock) $ 90,0X
Loans and discounts (no
data) S0.000
Eoaris and discounts (E. E.
I.ytle. note) D5.000
Loans and discounts (W. H.
Moore, notel lO.WV)
Loans and discounts (W. C.
Morris, note 25.000
Loans and discounts (W. H. (
Moore, notel S8.100
Loans and discounts (W. C.
Morris, note) vol)
Surplus
Cash (shortage) 50.000
Totals .' $175,000 $17..tJ0
Comparative Trial Balances, July 24-25,
10O7.
We are presenting tills comparative
statement showing the Increase and de
crease in the ai-counts during thesj two
cavs. for the purpose of presenting tlie
manner in which the bonds and warrants
Recount was Increased by an amount of
$!0.50. representing additional Puget
Sound Home Telephone Company stock
bonuses, which tiie bank had received In
the purchase of bonds from the National
Securities Company. This stock bonus.
In the sum mentioned, was taken into tlie
accounts by a credit to the loans and dis
count account in the sum of $.9tvJ.iM.
representing the aggregate totrfl of cer
tain notes due the bank by the Golden
Kagle Drv Goods Company. There was
also an arbitrary credit to tlie interest
and discount account of $8t.96 in order to
balance the entry. In order to show more
clearly how this matter was accounted,
we present the following journal entry,
showing the transactions:
Bonds and warrants (P. S.
Home Tel. Voj stock) $l'5.05O
Loans and discounts (Gold
en Eagle Dry Goods Co.,
notes! $!4.9t)i04
Interest and discount lan
parent arbitrary entry).,--
Totals $95,050 r.'o.OoO.OO
These entries, as well as the entiles on
December 15. are not only incorrect in
theory, in that the stock was received by
the bank as a bonus with bond purchases
and the par value of the bonels taken into
the accounts at the date of purchase, but
are fraudulent in thai in each instance
the entries are used to extinguish either
the Indebtedness of certain officials and
stockholders of the bank on account of
loans c idenced by a note account, or to
extinguish certain negligent loans mado
to the Golden Eagle Dry Goods Company.
We have not expatiated at any great
length upon the fictitious entries noted In
this staK'tnent or In the statement of De
cember 15, 19uS. as we consider the state
ments speak for themselves. 1
The bonds and warrant account on
August 20. 1907, shows an aggregate asset
of 1.&M.ii50.12. The securities turned over
to Receiver Devlin amounted to $1.0Sl.tS0O.
the difference being an apparent siortage
unaccounted for of $29S.4i,ul2.
Stock certificates were Issued with no
notation on the stubs thereof as to tlie
original issue and the stock books were
In such condition that -U was impossible
to prepare a full list of .stockholders at
the date the bank closed Its doors. From
a close scrutiny of the stubs of tlie cer
tificate books we have noticed from the
posting marks thereon that there must
have been a stock ledger.' journal and
transfer book niamtaim-d. but we are in
formed by the receiver that he has no
knowledge ot ever having received such
records and tiiat they were eitner re
moved by the old officials of tlie bank or
were destroyed by them. The certificate
books show that the issuance of certain
certificates of the capital stock of the
bank was a mere fiasco. We could find
no minute book covering the meetings of
the directors and stockholders.
Golden Engle Dry Good Compauy
Indebtedness).
A reference to this schedule will show
the specific loans made at divers times
to the Golden Eagle Dry Goods Company,
tiie said notes being given for overdrafts.
The sum total of this indebedness the day
the bank closed its doors was apparently
$ie,K2.h7. Since thai date the receiver
has effected certaiti payments and settle
ments in the amount of $ivc.2o7.10 and the
apparent loss to the bank as a result of
the transactions with the-Golden Eagle
Dry Goods Company is $.725.57.
Order of Washington, I npald Loans.
This statement is presented in order to
show the apparent unpaid loans in the
total sum of 4iS.. This total includes
the notes presented in tiie receiver's re
port of $C2.t4&, and we have deemed It
advisable to au thereto certain mites
aggregating $lo.250.S3 whUrh are evidenced
.bv the loan register as having been un
paid on August -0. 19o7. but which were
apparently not turned over, to the re
ceiver at "that time and of which he has
no knowledge.
Eftird of Trade Building, Bond Trana
aetlem. This statement practically speaks for
Itself. It is mainly presented in order to
show the rosultant loss of $40,735.74 to tlie
bank ns a result of this transaction. The
original vntry appears In the account of
the lank umb-r date of June 4. lf-7. in
which the bond and warrant account is
charted with an amount of $700'i ap
parcntlv representlnff tlie delivery of
holds of tie Board of Trade Building
Company, while tins company was cred-
rord'ncly. drled into niany ri
in li e t'Tne at our disnosftt.
ited an on?n account in the same sum. of
fV.w. We understand that the delivery
of these bonds was never made, which
resulted In a loss to the bank of the same
in the sum of JaO.WO and the Board of
Trade building account was overdrawn
on August "o. UV7. by the amount of $30.
7S5.74. making a total loss to the bank at
that time of SSo.725.T4. which has been re
duced, subsequent thereto, by a settle
ment of He.OV!. as effected by the re
ceiver by an order of court.
Pacific linmrri It nil way Company.
Hood TraiiNurtlon.
We have presented this statement in
order to show the entries covering the
purciiatc ot I'acinc : Eastern Ka.lway
company bonds to the value of Hw.OOC.
I'lie mst apparent purcnasc ot these
bonds was made on iay i. 19UT, $41.L.-aj
bein tak.-n Into the t-oiids, and warrant
accoi.nl as a cnarge. title a certificate
I ot deposit ot the cstaoada tftate Uank in
oie amount or ni.v was cnaiscu io
Estacada state bank on open account,
la payment ot these sejurities the Dunk
issueu. tin tlie same date, call certificates
of deposit. In the sum of iSM.otV and a
cashier's check lor !!. huiiseiiuently.
on June 7, ISO,', tna bonds and warrants
Hccouiit was Increased by an amount of
..4.c. rept est iiiiii an aoditional pur
chase of tiiee bonds and the Pacific et
r.astcrn Kaiiway Company credited on
open account by the same amount. ..75t;.
I'lie loan and discount aci'ount on
August i liO'i. shows an aggregate asset
ot iiii.,2.S;. 17. I'lie itot-'S us turned ovtr
to Receiver Devlin amounted to $(24,917.39,
the difference heing an apparent shortage
in notes of il-o.".i unaccounted for.
(jrurral Remarks.
in connection with tiie preceding de
tailed lindlngs or our investigation, we
have to report mat we touiiu mat the
accounts had loa n man f .nod in a most
preposterous manner. ' a; nooks ami
ouctiers iere in tfie utmost confusion.
Tney (iisplayed slovenliness and negii
fctnee lo an almost unsurpa.-sed degree,
nd Horn the consistent omission o all
iiccestuiy c xrilanalion. presented mere
ly u conglomerate array of figures,
meaningless and almost entirely unin
telligible until subjected to the most
searching analysis, there ws a totaj
t'lsregaru of all proper theory as 10
tfie accounting procedure.
Tlo- loan and olscount account and
the register .or" loans we found impos
sible lo reconcile. Certain loans ap
pearing on the greneral ledger account
were not evidenced by the loan regis
ter, other loans appearing by tlie loan
register were not evidenced by the
general l.'dKor account, and yet other
loais appearing by the receiver's in
ventory an ot September Hi, 1907, we
were unable lo trace to either tlie loan
tilid discount account or to tlie loan
register. Similar conditions prevailed
in all accounts and records, and tho
prosress'ot our investigation was great
Iv impeded by the consequent difficulty
of determining the logical sequence of
etitttes
The conditions, as stated above, could
only have been obtained under the
grossest mismanagement and negli
gence of the directorate, and, in conclu
sion, we would state that. In view, of
tlie general condition of the accounts
and records of the Oregon Trust &
Savings Hank, at the close of business,
Atigtu-i 20. 1907, and of tlie fraudulent
entries and the apparent defalcations
as to the securities and cash, it is our
opinion that the wrecking of the bank
was effected by the directorate as a
result of these conditions.
DEBATE DATE IS SET
OHEGOV TO MEET IT AH ON"
JAMAKY 14 NEXT,
National Control of- Corporations
Doing Interstate Business to
Be Topic Discussed.
UNIVERSITY OF OREGON, Eugene.
Oct. 16. (Special.) The universities of
Oregon and Utah will debate In Portland
January M. 1910. on the question of
the advisability of National control of
corporations doing an Interstate busi
ness. This was decided ai a special meet
ing of the university committee on debate
and oratory today, at which Oregon's de
bating arrangements with other coast
colleges were perfected.
Tlie Utan debate will be the first time
that an Orrgor. university debate team
has ever debated in Portland, but if the
event proves popular, it will probably be
made an annual occurrence. The team
representing each university will connist
of two men. aiMi-'the exact wording of
the question will ba decided later.
It was al decided at the meeting that
the same i-nstlon be used in the tri
angular debates between the universities
of Oregon, Washington and Idaho, which
will take place March 2t. Each college
will be represented by two teams, one re
maining at home and taking the affirma
tive side of the question while the other,
goes on the road with the negative. Oie
gon will debate Waeihngton at Seattle
and Idaho at Eugene this year.
Sweeping changes In the method of
selecting debaters' in th-s tryouts will be
made this season. Instead of having only j
one tryout. in which candidates- for the I
team have a certain time to present one
skle of the question to the Judges, as in
previous years, tryouts In future will last I
for two weeks. Every candidate ror me
debating teams will have to speak off
hand on some phase ot the question, and
answer question." asked him under actual
el-bating conditions, op each tiay of tha
two weeks' tryout. The Utah tryouts
will occur just after Thanksgiving while
thotre for the teams debating against
Washington and Idaho will be held after
Chriptmas.
Several of last year's debates arc again
In college, among them being: W. C.
Nicholas. Charles' Roblson. Leon Ray,
Percy Collier and Burleigh Cash.
MILWAUKIE OPPOSES PLAN
Mayor and City Auditor Want Im
provements Before Annexation.
MILWAUKIE. Or.. Oct. 16. (Special.)
For the present. Milwaukie people do
not favor Mayor Simon's plan to annex
the town to Portland. Mayor Stricb, in
giving his views of the question said:
"I think that the proposition to annex
Milwaukie to Portland comes too early,
and I am not in favor of it at present.
It should not be undertaken at liapt until
we have secured tome of tlie improve
ments we have in view. Then, we may
consider the matter of annexation."
City Auditor Howling al.' expressed
There's comfort and a
Good start for the day
In a saucer of
PostToasties
With cream and sugar
For breakfast.
Crisp, sweet, bits ,
Made of white corn.
"The Memory Lingers"
Now Only $7.90
This is the greatest price-cut yet made
on round pillar extension tables like '
illustration. 6 feet in length, looks like
quartered oak.
WASH
Take advantage of the greatest in
vention of the age to do your wash
ing. We are the agents for
Guaranteed for Three Years
This machine is the only one made
that will give such long service.
Terms, $1.00
Down, $1.00
Per Week
himself as opposed to annexation at
present. H said: .
Wo have at least 1000 people inside the
corporate llmlU of Milwaukie. . We have
few Improvements, as our charter ties
us up so we cannot make improvements.
We will vote on amendments that we
may bond the city for street improve
ments and sewers. December 6." When
we g-?t tlirse improvements It will -be
time to talk about annexation. If we
join Portland before we get these Im
provements It will be slow work to git
them. The Milwaukie Commercial Club
will meet next Friday night, and I sup
pose some action will be taken then."
DR. B. E. WRIGHT.
I . i . ,
(X. " J
Good Set of Teeth ffT AA ' Bt Set of Teeth 0 ftrt
on Rubber PUte VU on Rubber Plate U.UV
Best Celluloid Plates $7.00
EJ
'9 &JQ
- PAINLESS DENTISTS
Associated with M. S. Bennstt and F. A. Blackmore
R. O. MacFarland
'
342V2 Washington Street, Corner Seventh
OFFICE HOURS-8 A. M. to 5 P.M. SUNDAYS-9 A. M. to 12 M
- Phono Main 21 f9 Fourteen Years in Portland
A great double brass bed five spindles in head and foot. Same
bed as advertised "by many stores as being worth 1 O H r
$22.50. Our price while they last only 4) 10. I J
8.45 Dining Table &gSSS
BY WATER POWER
COFFIELD
SPRINGLESS
G EARLESS
WASHER
$25.00
mm
A OOOp PLACE TO HTRMPEf J
ELEVEN DOGS ARE TAXED
Josephine County Conines Are Worth
Only $2 1 0, "Assessor Finds.
GRANTS PASS. Or., Oct. 16. (Spe
cial.) Josephine County has in rour.a
numbers 20.000 acres under a high state
of cultivation, and In uncultivated
land about 400,000 acres. This enor
mous amount of untitled land is used
for grazing, but much of It can be
cleared and farmed. Some of It Is good
fruit land, and all that Is needed Is
We Want
Your
Dental
Work
If the greatest skill,
gentle treatment
and modern meth
ods will secure it
EXAMI.VATIOSI FREE.
CALL AT OM'E.
WRIGHT
$4.75 Sanitary Couches $4.75
Buy a Sanitary Couch at the price
most dealers pay. Size and quality
are not stinted just because the price
is low.
4h "Stay Sfttlsf&ctorylt&Rgej
Gold Medal
Portland Fair
1905
Gold Medal, Seattle A. Y.P. I 909
Monarch ranges Ifave been shown at only two Exposi- x
tions and have been awarded the Gold Medal each time.
If this is not sufficient to convince you that 'we are
in the lead, jusf take timeto see the sample line and get
our prices, or write for our free booklet.
Prices $63.00 to $139.00
more population to make it as valuable
as the present land under cultivation.
The Southern Pacific Company has
36.92 miles of railway and the com
pany will have to pay this year at the
rate of J35.000 per mile on tlie roadbed
and 13000 on rolling stock. The tele
graph and telephone companies are as
sessed at $69,360. in Rll the Assessor's
rounds over the county, he and his dep
uties found but 11 dogs upon which
B. K. WALKER, LL.D., President. A. LAIRD, General Manager.
ESTABLISHED 1867 -
The Canadian Bank of Commerce
HEAD OFFICE. TORONTO
LONDON OFFICE
2 Lombard Street. E. C
Branches Throughout the Dominion of Caaada. Alio at San FraneUco,
' Seattle and Skagway
CANADIAN COLLECTIONS
This Bank, having over 180 branches distributed throughout tha
Dominion, is enabled to offer unsurpassed facilities for mak
ing collections in any part of Canada.
PORTLAND BRANCH, CORNER SECOND AND STARK STREETS
' F. C. MALPAS, Manager.
Tomorrow Is Washday, Avoid Its Troubles
by Sending to the
UNION LAUNDRY COMPANY
Wliere Linen Lasts
FAMILY WASHING
Rough dry by the piece lc up. t
Lace Curtains, 30c per Pair.
Call Main 398 or' A 1123.
mm
mm
mi t"15l0 ESS ;r
A ten-pound turkey free
to every Monarch pur
ehaser until Thanksgiy-
the owners will have to pay taxes. The
gross value of these 11 dogs was fixed
at $210.
Tlie gross value of all property in
Josephine County is approximately $10,
000.000. Data given in the last nn-fsage of tho
President to the Brazilian vngrem nhow
b total of more than $'.'Oii.ii(i.nmi of Fren. li
capita! actually Koing Into -Brazil at th
present time.
NEW YORK OFFICE
16 Exchange Plac