Image provided by: University of Oregon Libraries; Eugene, OR
About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Oct. 4, 1914)
TIIE - SUNDAY OREGOXIAX, PORTLAND, .. OCTOBER 4, 1914. BANKS STAND WELL Pile was voted down by the Council. During September 1166 tramps passed through Ashland, practically all south bound. These received no assistance whatever, but were kept moving. rrHiiiiiiiiiiiimiiiiiiiiiiiiiiiiiiiiiiiin THOSE WHO KNOW the Distinguishing Marks of Good Furniture, and WIw Further Know the Generally Accepted Value of Such Furniture, Are Looking to This Deposits instate Lower but Ample Reserve Is Held. LOANS ATTEST LIBERALITY Table Compiled by State Superin tendent Compares Figures With Previous Statements Proving Accommodation Is Given. SALEM, Or., Oct. 3. (Special.) With the average reserve largely in excess of requirements and a substantial in crease of deposits subject to check the banks of the state were in a. satisfac tory condition at the time of the last call, September 12, according to a state ment made Friday by State Superin tendent of Banks Sargent. Total de posits have materially decreased since June 30 because of withdrawals from savings departments, while loans and Investments have increased $3,707,500. Mr. Sargent's statement says, in part: "On account of the recent 'consolida tion of the Security Savings & Trust Company, of Portland, with the First National Bank, the combined statements of the National banks show a consid erable increase in nearly all items, while the combined statements of the state banks show a corresponding de crease. For this reason a fair com parison cannot be made of the two statements separately. "In view of Secretary McAdoo's re cent statement to the effect that many banks throughout the country have been building up excessive reserves by refusing legitimate credits and charg ing exorbitant rates of interest, the changes made in the combined state ment since June 30 are -of special in terest. Deposits Decrease f 1.200,000. "It will be noted that the loans, bonds and other securities have been increased $3,707,600, while the total de posits have fallen off about $1,200,000. "A most peculiar condition shown by the statement is the fact that the indi vidual deposits subject to check have increased, while the savings deposits decreased. No other statement issued by this department has ever reveaW this condition, the savings deposits gen. erally showing a steady gain, and never decreasing without a correspond ing decrease in all other deposits. This is no doubt due to withdrawals made by foreigners leaving for Europe to join the armies at war. "Notwithstanding the fact that the cash on hand and due from banks has decreased $3,800,000, the average re serve is still considerably In excess of requirements. The state banks alone, according to statements filed, could re lease $3,500,000 and still maintain the legal- reserves required by law. While -thi3 would seem to bear out Secretary ; McAdoo's charge that there Is a tend- ency on the part of the banks to hoard their funds, generally speaking, I do not think that such is the case in this state. Shoirtna Considered Satisfactory. "No doubt a few of our banks are subject to criticism in this respect, but a large reserve does not necessarily mean an excessive reserve, and one cannot judge from a statement as to whether or not a bunk is justified in carrying a large reserve, or as to . whether or net it is meeting the le gitimate demands of Its community. Conditions peculiar to the different lo calities must be considered as well as the conditions and circumstances con nected, with the business of each indi vidual bank. "Considering conditions in general, the Oregon banks make a most satis factory showing at this time and are in an excellent position to meet all le gitimate demands." The following statement of all bank ing Institutions in the state, including 171 state banks, five trust companies and 86 National banks, at close of busl. ness September 12, 1914, compared with the last statement of June 30 and the corresponding statement of last year, August 9, 1913, has been compiled by the state banking department: W. G. MAC RAEM0VIE MAN Xcwspaperman Takes Over Produc tion in State of Feature Film. BAKER, Or., Oct. 3. (Special.) Will G. MacRae, for many years identi. fied with journalism In the Pacific Northwest and especially in Portland, has yielded to the lure of the movies. Mr. MacRae today took over the pro duction in Oregon of one of Jack Lon don's feature films. He arrived in Baker and arranged for a series of pro- I ! BUSINESSMAN IS ELECrED J J M.VYOR OF LEBANON. T x I J ' & ' I X - , t ,ss(SSM.T ' r If ! D. Carmld. LEBANON, Or., Oct. 3. (Spe cial.) 1. Carmlci recently was chosen Mayor of Lebanon, to to serve until January 1, 1916, filling the unexpired term of the late Edward Zeising. Mr. Carmici is a, businessman of wide experi ence, and has shown his faith in Lebanon by investing heavily in property here since locating here three years ago. For 15 years Mr. Carmici was traveling salesman for a large dry goods firm. ductions here, after which he will tour Oregon and' ultimately will appear in Portland. Cider Mill Draws Patrons From Far and Near. Farmer Korth of Albany. Who Charges Nominally for Patting; Apples Tbrougb Traction-Engine Press, Is Kept Busy. ALBANY, Or., act. 3. (Special.) Reminding one strongly of the early days, when the grist mills throughout the country operated only on stated occasions, when persons from all parts of the countryside flocked to the mill to have their grain ground, is the cider mill operated by C. R. Wid mer, a farmer who resides two miles north of Albany. .. Tuesday of every week during the apple season is "grinding day." Every Tuesday one may see a long line of automobiles and vehicles of every kind heading toward, the mill, loaded with big red apples. Patrons of the cider mill furnish their own apples, kegs and barrels for the cider. Farmer Wid mer and his son, Chris, do the rest, making a small charge for manufac turing the beverage. After the apples have been dumped into the hopper and ground up the pulpy-looking substance is placed on trays covered with burlap. Five or six of these trays are placed one above the other. The entire lot is then placed beneath a huge press operated by power furnished by a traction engine. From 40 to 60 tons' pressure is used in pressing the juice from the crushed apples. Pure cider runs into large tubs, from which It Is poured into kegs Resources. Loans an1 discounts OO.oOG 473 TO Overdrafts 410 7'Ju' ir United States bonds to secure circulation S 4tf 5o 00 Vnited Ktales and other bonds to sec. dep I''afit'nrt7" 13 I'nited States bonds on hand ' G374?'.0 Premiums on United States bonds 4421-,0.-i Bonds, securities, etc 16 0B3 Ti Banking-house, furniture and fixtures ........... 4514 Tr3l'r( Other real estate ownd , l!su!l'14!71 IJue from banks and bankers 24,00 iTkj3;2 checks and other cash items .I'lIHH' til:i'44H':io Kxchanges for clearing-house I.. 1 41.s"rt'i'oO rash or. hand . . 14.'o7S.p'jl'.i:! tve per cent redemption fund 3--i o"", "i0 Expenses paid .. sb'sSttiV Other resources than above 835.033.23 Totals J1W4.402.107.40 ' , Liabilities. Capital stork 1S.KS2.717.50 t'"--'?"1 W '' 7.6il.8O0.9 T ndiviued prorits 233 237 74 Rational bank notes outstanding 1111"!! 6073'u675t Dividends unpaid .' 43i7-"3:j Due to banks and bankers '. "". I" 12 01t$'93S fl's "Deposits due state Treasurer 4"l'ooo 6o Deposits sub't to cb'k (lncl'g cash ch'ks and cert, checks')".'.'.'. 73.::38.M87'.M Demand certificates 766-' H 7 O' Time certificates 14'w65:ibs Savings deposits ,s 74S .89 -.. .Postal savings deposits .. i ini'shi'-i United States deposits "jboSooro Deposits United states officers ...T 60677 06 Notes and bills rediscounted .. " ' R7- on Bins payable . 7ofj rrs4 C. D.s issued for money borrowed "" 'o"'oob'oo Reserved for taaes o'ftS3n- Other liabilities than above ................. 1 - 1, 053851.81 Totals $164,402,197.49 Denotes decrease. Chango since August 0, 1914. Increase. $3,733,636.04 20.804. 37 18,500.00 1.032,508.33 61,610.10 11. 823.90 414,647.47 310.444.0J H.-.7. 532.16 1,0!17,382.73 1!'1.457.12 350,056.02 28.739.30 3,330.00 23.272.61 164,932.06 $4,204,015.34 964.547.95 226.604.76 11.133.03 322.445.00 2.203.59 477.056.27 213,931.18 1. 773.931. (!2 6)0,21.l9 1, 900.466.59 2.007.343.77 209,827.30 62.849.08 25.42 163.9S3.S3 264.97S.99 44.500.O0 3.556.52 200,011.31 $4,204,015.34 GERMANS RUN TO COVER Details Told of Pursuit in Which Cruiser Is Damaged. SEATTLE. Wash.. Oct. 3. The Blue Funnel liner Talthybius, in. port from the Orient, brings details of the dis abling of the German auxiliary cruiser Princess Alice by the British auxiliary cruiser Empress of Russia, formerly a Canadian Pacific liner, off the Philip pines early in September, as already briefly cabled. The German vessel was bound for Tsing-Tau and was reputed to be carrying $10,000,000 for the Ger man officials there. She was sighted by the Empress and fled at once, pursued by the Britisher. The Empress carries four six-inch guns and six 4.7-inch guns. The Alice had eight six-inch Runs. Tile Empress overhauled the German boat and a running fight fol lowed. The German boat lost the top of her smokestack and had her main mast cut off clean. The stern was torn away and several holes made in the hulL The Empress was unmarked. The German ehip, to avoid capture or foundering, headed for the island of Cebu and ran on the beach. The British vessel did not follow inside the three-mile limit. The loss of life was not learned. Ashland Prepares for Hobos. ASHLAND. Or., Oct. 3.' (Special.) In view of the advent of cool weather, the city authorities will try a new task in connection with the hobo problem. Logs have been hauled to the Fourth street station, where tramps congre- gate,- and the alternative will be to cut wood or freeze. A proposed, rock.- OoniragOiui4 sal for their selections. It has been and will be the means of placing in the homes of Portland and elsewhere, many fine suites and pieces at prices that for their lowness are not likely to come in many a day. Every day lessens the range for selection that this intelligently chosen stock presents. You 'can depend upon the quality and authen ticity of our furniture, and the fact that it's much lower than its former modest price -A Fine Dining-Room Furniture in Suites and Odd Pieces Entered in This Sale Not One Piece or Suite Excepted $445 Dining Suite for S315 Jacobean oak, con sisting of Extension Table, Buffet, China Cabinet, serving Table, 6 Dining Chairs and 1 Arm Chair. Skillful workmanship and excellence of material and finish are in evidence in this suite. . $775 Dining Suite for $545 A very fine anct large, hand-carved suite by Berkey & Gay and an. exact reproduction of an antique in Jacobean Oak. Extension Table, Buffet, China Cabinet, Serving Table, 5 Dining. Chairs audl Arm Chair comprise J this splendid suite. ... $600 Dining Suite for $325 Flanders suite in old oak, from-the shops of Berkey & Gay. Consists of Buffet,' China- Cabinet, Serving Table, Extension Table, 6. Dining Chairs and 1 Arm Chair. $425 Dining Suite for $297.50 Buffet, Extension Table, China Cabinet, Serving Table, 5 Dining Chairs and 1 Arm Chair comprise this splendid Jacobean Oak suite, which is now offered at a price considerably lower than formerly. ' ' $788 Dining Suite for $498 Another Scroll Colonial Suite from the shops of Berkey & Gay. Of selected crotch mahogany, this suite consists of Sideboard, 7 feet long; Extension Table, with CO-inch top and 12-foot extension, and Serving Table. $985 Dining Suite for $678 Berkey & Gay are the makers of this massive and handsome suite of solid ma hogany a splendid example of the Scroll Colonial. Buf fet, 6V2 feet long; Dining Table, with 60-ineh top and 12-foot extension; China Cabinet, with extra cupboards, and large Serving Table make up this suite. $39.50 Mahogany Serving Table for $26. OO. $148 Berkey & Gay China Cabinet of solid mahogany, scroll Colonial de sign, for onjy $75. OO. $155 Solid Mahogany. Scroll Colonial Buffet, bearing the Berkey & Gay shop mark, for only $1X2.00. $78 Mahogany Buffet, scroll Coloniai design, for $49.00. $77.50 Serving Table, of mahogany, Sheraton Inlaid reproduction, $3S $87 Scroll Colonial Buffet, of mahogany, for $57. " " $266 Dining Suite for $150 Chippendale Suite of three pieces, solid mahogany. Buffet. China Cabinet, Serving Table. $88 Set of Dining Chairs for $60 Of solid figured mahogany, Colonial pattern, with slip seatjo dining chairs and l arm chair. $98 Set of Dining Chairs for $69 Solid mahogany, with leather-covered slip seats, six dining chairs, two arm chairs. $335 Breakfast' Suite for $225 Handsome Adam re production 'in' solid mahogany and old ivory. ' Buffet, Serving Table,' Drop-leaf Dining Table, 5 Dining Chairs and 1 Arm Chair in this suite. " $465 Dining Suite for $318 Adam suite in mahogany, matched pattern throughout. Buffet, China - Cabinet, Extension Table,' Serving "Table, 6 Dining Chairs and 1 Arm Chair comprise this beautif uf and complete suite. $1130 Dining Suite for $785 A faithful example of the Sheraton 'Inlaid, in beautifully figured mahogany, con sisting of- large Buffet,- China Cabinet, Extension-Table,: ' Knife and Fork Urns, 6 Dining Chairs and 1 Arm Chair. One of the handsomest suites we have evep-shown. $150 large, solid Mahogany China Cabinet of the scroll Colonial type, for $75.00. $53.00 Solid Mahogany Scroll for only $37.50. Mr Colonial Serving Table STH Mill n i" i - fl i mt I i Ml If r-jB 1 J! "0 Genuine Navajo Rugs Your Opportunity to Purchase One or More for Less Than Their Cost to Us Sizes averaging about 3 ft. 4 in. by 5 feet., regu larly priced at $13.50, now for $7.50 Sizes averaging about 3 ft. 2 in.1 by 5 ft. 8 in., regular price $17.50, now for $9.50 $29.50 Navajo Rug, size 5x7 ft., now for $17.95. Fifth and Stark IT 6 Closing-Out Prices on Mattresses 0 F-nll Size Maltrruirs. S22.50 now.. . jglS.OO $20.00 now...S14.00 $13.50 now.. . 8.50 $12.50 now... T.oO $11.00 now.. . 7.00 $ 7.50 now...$ 4.75 Cotton Kelt, Floss and Comblnat ion Mattresses In the various sta ndard weights, made In the best way. Three-Quarter Size. $21.50 now...814.2S $19.00 now... $13. 25 g i.. now... 7.75 2 $12.00 now... 7.25 fl $10.00 now... 6.25 y $ 7.00 now... 8 -4.oO i Homefurnishers! This Matter Regarding In terior Decoration and Drapery and Upholstery Work Should Be Given Your Earnest Consideration It's to your advantage to know that our workshops are still in operation and that we are performing-all special work con nected with our dripery, decorative and upholstery departments in the same expert manner as heretofore. Xot until our store is closed and all work intrusted to us is completed will our workshops cease operat ing. Know, too, that we are quoting prices very much lower than before-t he-sale prices, an inducement to you to place vour dra- (jwj, ucuuinuvc anu upuoisiery worn; Willi US. 2 "-" .r-J Those Who Have Floors to Cover Cannot Fail to Be Interested in This Closing-Out Sale Floor Coverings Axminster the $1. 80-yard grade, now, yard 1.35 Jacquard "Wilton the $2.50-yard ' grade, now, yard S1.97V2 "Wilton Velvet the $1.80 - yard ' grade, now, yard ...1.45 Wilton Velvet the $2.00 -yard grade, now, yard 1.57 Wool Velvet the regular $1.50 yard grade, now yard ..1.05 Body Brussels the $1.80 -yard grade, now yard ...1.45 $35.00 SEAMLESS AXMINSTER RUGS NOW $28.50 High-grade Axminsters in the 9xl2-foot size, plain bordered, small two-tone all-over patterns no less than 16 to choose from. $30.00 AXMINSTER RUGS NOW ?21.75 . Twelve only in this lot, plain center ef fects in green and brown. See these 9x12 foot rugs in our show windows this week. Co, Fifth and Stark LlllillllliSjlll!illli:ill!lll!li:iillllllllH JACK GRANT VICTOR Dallas Baby Scores Highest at State Fair. DORIS LEE GORDON WINS and barrels. vThe cider Is strained In the making. Nothing is wasted in making- cider at the Widmer mill.- The dry substance is conveyed to a nioving belt, which dumps It on the ground outside for the stock, horses and hogs displaying re markable fondness for it. It also Is used as a fertilizer. The Widmers made 13,000 gallons of sweet cider at their mill last season. The record run for a single day last season was 3450 gallons. On that day the first customer with his apples ar rived shortly before 5 o'clock in the morning and the last one departed for home at 8 o'clock that evening. A per son bringing nine gunny sacks of ap ples to the mill usually goes home with a 50-gallon barrel of cider. The Wid mers also make apple butter and cider vinegar. The Widmer home contains 14 rooms and is lighted by gas generated on the farm. Hot and cold water are piped throughout the house. ' FISHERIES INVADE SCHOOL University of "Washington First to Establish Hegular Classes. CNTVKRSITY OF WASHINGTON, Seattle, Oct. 3. (Special.) The first school of fisheries In the United States has been established at the University of Washington through the efforts of united States Fish Commissioner Hugh Smith, who for some time has urged such an innovation for this university. Initial steps were taken this week with the establishment of a hatchery on the campus. With the assembling of the State Legislature the university will ask for an appropriation to in crease the capacity o the undertaking, Daughter of Portland Man Takes Girl-Baby "First Prize, Scoring . "Fraction . of , Point Less . " Than Grant . Child. SALEM, Or., Oct. - 3. (Special.) With an almost perfect score, Jack Grant, son of Mr. and Mrs. D. J. Grant, of Dallas, today was awarded a gold medal for being the finest baby en tered In the eugenics contest at the State Fair. Doris Lee Gordon, daughter-of I. J. Gordon, of Portland, won the -girl; baby first prize, scoring a fraction of a point less than the Grant child. There was no perfect child as last year, when Jane Kanzler, of Portland was so credited, but the judging this year was far more accurate and the scoring closer. More than 175 babies were, entered .as against 80 last year, indicating the interest that is being taken in this feature of the Stafe Fair, which was inaugurated three years ago. The winners In this year's con test are as follows: Grand champion of the state. Jack Grant, of Dallas. Boys' Score 09 or Leas. Boys, between 3 and 4 years Jack Grant, of Dallas, score 99, first; Thomas Larkin Williams, son of Mr. and Mrs. T. L. Williams, Salem, 98.5, second; Howard Kavanatgh Ragan, son of Mr. and Airs. O. L. Ragan, Grants Pass, 97.5, third. v Girls between 3 and 4 years Mary Elizabeth Ott, daughter of Mr. and Mrs. Otto T. Ott. 1086 East Salmon street. Portland. t7, first; Vernon Lu cile Kelley. daughter of Emruett Kel ley, Gresham, 96.7, second; Juliet Ap plegate, daughter of Mr. and Mrs. C. G. Applegate, 180 Lane street, Portland, 96.5, third. 'Boys between 2 and 3 years Mat thew Schade Mochel, son of Mr. and Mrs. L. S. Mochel. of Gervals,- 98.5, first; Arthur Charles Boeschen. son of Mr. and Mrs. Arthur C. Boeschen, of Salem. 97.5, second; Jack Barnes Bald ing, son of Mr. and Mrs. John Balding, of Sherwood. 07.2. third. Girls between 2 and 3 years Doria Lee Gordon, daughter of Mr. and Mrs. I. J. Gordon, 38S Eleventh street, Port land. 98.7. first; Muriel Victoria Ga briel, daughter of Mr. and Mrs. W. W. Gabriel, 883 Colonial avenue, Portland, as., second: urave Feist, daughter of Mr. and Mrs. O. R. Feist, Salem, -98, third. . . Salem Baby Scores High. Boys between 1 and 2 years Mal colm Hubert Davis, son of Mr. and Mrs. W. H. Davis, of Salem, 98, first; William Gerard Gibson, son of Mr. and Mrs. V. L. Vincent, of Salem. 97.5. sec ond: Frederick Jarrett McFarland, son of Mr. and Mrs. F. K. McFarland, Os wego, 97.2, thirds Girls between 1 and 2 years Martha Louise Kumler, daughter of Mr. and Mrs. B. T. Kumler, Salem. 98. first: Mila Nell Mason, daughter of Mr. and Mrs. Clyde Mason. Seaside. 97.5. sec ond: Francis Dorothy Haack, daughter ot Air. an-d Mrs. Frank Haack. of Marion County, 91, third. Dr Mary V. Madigan, who had charge of the contest, and O. M. Plum mer, of Portland, who was instrumental in having the first eugenics exhibition at the State Fair, were enthusiastic over the success of the work. Both said interest had become so keen that few if any prizes . would be offered next year. "The mothers have learned." said Mr. Plummer, "that it is to the interest of themselves and their children that they be examined by such experts as we have had here. I have attended contests in various parts of the coun try, and. I do not think I ever saw a finer lot of babies than those that were judged nere this year. Baker May Try Auto Streetcars BAKER, Or., Oct. 3. (Special.) A movement is under way In Baker for the establishment of an auto-truck streetcar service to serve West Baker and South Baker, connecting these points with the business district and giving 5-cent fare in the city. The proposal is indorsed by the Commercial Club, and it probably will be carried out by a coterie of business men, who are also considering a proposal to es tablish a motor-truck freight line to Eagle Valley. CASCADE ROAD COMPLETED Washington Highway Commissioner- Passes on Sunset Work. r OLYMPIA. Wash.. Oct. 3. (Special.) After efforts extending from terri torial days, Washington at last Has a road across the Cascade Mountains, says State Highway Commissioner Roy, who has returned from an official trip of inspection of the Snoqualmie Pass section of the Sunset highway, which has Just been completed by the con tractors. The new highway' will be in excellent condition for automobile traffic next Spring, Mr. Roy declares, though on account of the mountain rains the new fills are now so soft that it was decided advisable to cancel a proposed automo bile tour, planned for -this month, to be headed by Governor' Lister. The greatest grade along the route is 5 per cent. jElma Postmaster Resigns. CENTRALIA. Wash.. Oct 3. (Spe cial.) Alexander Jolly. Postmaster at Elma, whose term would have expired December 15. has tendered his resigna tion to the Postoffice Department and will retire as soon as bis successor is appointed. Mrs. E. S. Avery, Assistant Postmaster, has resigned also. W. F. Roberts and J. W. Anderson are the only applicants. Mr. Jolly has occupied the office for 18 years. Woman Gets Five Pheasants. ALBANY, Or... Oct. 3. (Special.) Mrs. Herman A. Hecker, wife of a prominent- Albany stockman, has the distinction of being the only woman in Linn County, and probably In the state, that killed the full limit of China pheasants on the opening day of the season. Mrs. Hecker is an ex pert with a shotgun and it took her but an hour to get the five birds al lowed by law. Many other Linn County women were in the field on the openingv day. T31cy1es are unpopular in BHmt, Pyria. WJ This$250 fcfiW NewPiano I'&'X Terms. A. Veer to Tay. Head Page Fourteen, This Sgcrton. BIAXSilXG IMPROVED TABLE LAMP. 300 CANDLE. POWER LIGHT. PRICES $6.50 Burns SO Hours to One Gallon of Gaso line. Supplies for All Makes of Gasoline Lamps. E W. Manning L and S. Co ,-. . 63 'i Sixth U Portland, Or. ' ' FREE SAMPLES Briquets Will Reduce Fuel Bills from 50 to 100 Per Cent. Per Ton No clinkers, no screenings, no smell, absolutely clean. Does not burn out your furnace. Keeps fire all night. GfivTear more jieat per pound than any other fuel. Two cents' worth of our Briquets will cook a large meal or give heat enough for a large ironing. ... PACIFIC COAST COAL CO. 249 Washington Street, Bet. 2d and 3d Phones; Main 229, A2293