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About The morning Astorian. (Astoria, Or.) 1899-1930 | View Entire Issue (Aug. 12, 1906)
SUNDAY, AUGUST n, 1908. THE MORNING ASTOItlAN, ASTORIA, OREGON. 8 :acaptainiN: !' THE RANKS a By George Carry Eggleiton ) f (Continued from Last Woek.) SYNOPSIS. Captain OullforJ Duncan, C. 8. A take part In tlm Inst fluht. it Anno mattox, and leave tlm army, lie then determine to go to Cairo, 111. Although well educated and a lawyer, Captain Duncan U without family op money, and work bit pag to Cairo. Hurt lie lAvcit ( aplain Hum's cotton from flio, and Captain 1 la Ham, a modern "captain of Industry," lilni Captain Duncan, and quickly advances In hi employer' estimation. Ha tavaa Cap tain llulliiin' eosl het from destruction by a atorm, and U made a partner by Captain Hallam. Ilia youna man be come a foroo of good among tha young men of Cairo. Barbara Verne, a young lady, run the hoarding houee In which Captain Duncan take hi meal, tap tain Duncan la thanked by Itarbara for saving bar from annoyanca by miscmev oua boy. Me determine! to tail upon her. Captain Duncan Invitee Ilarbara to a dano. Ha Incur tha enmity of Napper Tandy, a capitalist a rival of Captain Hallam, by maklna of the latter eoal mine a paying property, In competition with one of Tandy' properties At the coal mine Duncan meet an old acquaintance, Dick Temple, now working aa a miner. Dick Tempt suggest a way to lnorae the output of tha mine and I appointed engineer. XVI Duncan, who I in lova with Ilarbara. Napper Tandy attempt to bribe Duncan. Duucan pro poses to Harbara. She tells him aha can not glva him a decided answer. Nappar Tandy circulate the atory that Duncan hi asked him for a bribe. To retall- lt, Hallam propose to buy tufllcient hrt in Tandy' bank to elect Duncan prnldent. Dick Temple la commission d by Hallam to muy the bank dock Barbara tell Duffcan eh cannot marry him became the I the daughter of a thief. Temple uwd In buying the bank atork. CHAPTEK'XXI. IV'Oi morning after bis cou 0 aultatlon with Cnptitlu Will Ilalluui; Itlctinrd Teruple hnl bla Drat Interview with Tin dy. Jewett, the hotel proprietor. - a Wltlt blui to U X National iTSuX took him Into the bank parlor a:ul lu troduced him to the prealdont, l.itluut log that he would probably wlab to do tome business with the bank and a anrlng Taudy (but the young man waa "a euuar aa tley make 'em." Tandy welcomed the visitor cordial ly, and wbcu Jewett had bowed blm elf out Temple opened ncgotlatlone. rery cautiously nu I with every aecru log of Indecision, aa to what he might ultimately decide to do. "I have n little money, Mr. Tandy, that I rimy wnut to Invent, I'm rather a stranger lu Cairo. I wonder If you. a a banker, would mind advising me, Of course If I nml; (i any Investments I ahnll do ao through your bnuk." "It la my hushies to advlao Invent ore, Mr. Temple, and In your cane It la loo a pica Hiiro. If 1 may be permitted to nay ao. What ure your IdeasIn a genera! way, I menu?" 'It would bo somewhat difficult for me to" "Oh, I quite umlorstuud. You haven't yet nmdo up your mind. You want to look about you, eh? Well, that' right There'a more harm done by hnsto In making Investment thnu by anything else. There tire lota of 'cat and dog' on the market. Of course they're a good buy aometlmea If a mna want to take long chances for the Bake of big profit and If ho la in poaltlon to watch the market" "I am not much disposed to speculato in doubtful securities," aald Temple. "I can't afford It, for one thing, and, of course, I tun not In poaltlon to watch the market, ns you any. What I would like la to put a few thousand Into some good, sofe, dividend paying aecuiity. Of courHo" "You're right, of course. Still, If you chooso to take Homo small risk, I could watch the mnrkct for you. I often do that for customers of the bank. I'm naturally In a position to know whut'a going on. Hy the way, how much money have you to Invest?" "I have $12,000 lu New York" "Where the Intercut rates ore small," Interrupted Tandy. "You waut to bring It went, where It will earn more. I un derstand. You're right In that. The west Is the place for men and money to do the best they can for themselves. This part of the couutry is growing like Jack's benimtalk. You must have noticed It. Hut come. I want to take you for a drive around Cairo to show you whnt we are doing here and what we are planning to do. I think when you see It you'll know for yourself where to put your money. Can you go with mo for a drive?" "Very gladly. But first I want to ar range to bring to Cairo what money I have. I muy not want to invest It all here, but It will be handy to have It here. I should like to put It Into your bank as n deposit. Hut I must draw on New York for It and get you to take my draft. Won't you direct your cash ier to telegraph the Fourth National bank of New York, asking for what amount my drafts on that institution will be honored? Then, when we get back from our drive I'll draw for the money and Dlace It on, .deposit, .with your' brink, where 1 can' put biy bund upon It when necessary." The telegram wu sent and then Taudy took Temple lu bla carriage, one of the beat lu Cairo at that time, and ahowed him all there wna of re source In the town, lecturing mean while on the prospect of Cairo as a future great commercial and manufac turing center. ( He allowed him all there wu to be abowti and then aald to hint: "Now, I'm an apostle of western de velopment, but atlll more I'm an apoa Ue of the development of Cairo. I'm a bull on the couutry and a bull on thl city. There is much to be done, and It wilt require the Investment of a great deal of money. Hut the In vestment will pay a nothing else promise to do. We 111 nut have grain elevator and mill and all the reat of It We've two big flour uilll already, and there will bo two or three more within a year, They must have bar rel by thousand and tens of thou sand. Now, a man of your Intelli gence muat see that empty barrels, being bulky, are costly tiling to trans port over long distances, while the mine must buy thorn at the lowest po a!l! price. Otherwise they can't eel I flour In competition with the mill of other cities. So the necessity of hav ing a big barrel factory here la obvl oua, and ao la the profit I am Juat forming a company for that purpose. We nave abundant timber tight at band. Juat acroa the two river,' In Missouri and Kentucky. We can make barrel at lesa cost than they can be bad for In any other dry, while we have a local market that will be on falRncr. The company la capitalised at 129,000, and a good part of It Is al ready auborrllied.' He did not say that none of It bad been paid for yet and that be waa un auccessfully trying to find buyers for It "It's a euro thing. The profits will be largo from the beginning, and the stock as soon aa the factory Is In opera tion will jump up 60 per cent at least If you want a thousand or ao of It I'll let you In on the ground floor. Oth erwise I'll take It myself." "That linpre we very favorably," answered Temple truthfully. "It la an enterprise baaed upon eound principles -one that offers a aupply In direct an ewer to a demand. I shall probably decide to take a little of that stock If 1 can get aome other aeeurltles to go with It but for a part of the money I have to Invest I must get stock In some already established and aosured bual oeos. I should especially like bank stock, either In your bank or Captain IIalra'. You aee" "Oh, yea, I aee. You want a neat egg that will certainly hatch out a chicken. tn find It for too. tefa leave tnat till tomorrow. Anyhow I'm an advocate of local Investments. I'm putting every spar dollar I've gut Into them, and I always advloe Investors to go Into them. We're ptanulng-IIallam and I to set np a gna pin ut here. The city need It and It'll pay from the word go. I'll tell yon about that tomorrow. You aee, I want you to know Just what we're do ing and planning and then we'll find the beat places for you to put your money Into. It'a getting late now, so we'll drive back to the bank. I told the cashier to wait for ua, though of course lt'a after banking hours." On their return to the bnnk each of these men felt he had "put In a good day'a work." Tandy was sure that by letting the young man have a few share In firmly established enterprises be could "rope hint In," as he phrased It In his mind, for the purchase of some more doubtful things. Temple, In his turn, waa convinced that by buying In to eomo of Tandy's more speculative enterprises be could ultimately secure the shares he had been set to buy In the X National. The telegraphic reply from the New York bank had been received and waa altogether satisfactory, so, late aa It waa, Templo drew on New York for 112.000 and, with the draft opeued a deposit account for that amount In Tandy'a bunk. Then he weut to hla hotel. Ills first Impulse was to send a message to Captain Will Hallam asking whether he might take the barrel fuctory stock. and perbaps some other thlugs of like kind, In aid of success In hla mission, but upon reflection be decided to act upon bis own judgment without con sultation or advice. Hallam had given blm a freo Hand, leaving him to work out tlio problem In bis owu way. Any communli.'utlon between him and Hal lam or between blm and Duucan would Involve something of risk. So he sat alone lu his hotel room, thinking and planning. He did not kuow or dream how anx ious Tandy was to draw him Into some Of his schemes. lie did not know that both the barrel factory and the gas en terprise had recently become veritable white eleiih&ntg on Tandy's hands. He did not know that Tandy, In his eager ness to overreach Hallam, had "stretch ed himself out like a string," as Hal lam picturesquely put It, by Investing more money In these two companies and several others thnu he could just then spnro. Especially he did not kuow that Ilallnm had himself completely organized nud capitalized both a compuuy oud n Imnvl company nud that Tandy'a two comp:r.:hM reiiriso:it- ed on unsuccessful attempt to rival enterprises Into which li.'.ilam hail "breathed the breath of life. ' He was surprised, tuere.'oe, wlie:i 11 boll boy brought blm Tandy's :i'd . he sat there In 'his lonely hotel room planning the morrow's c.-im: .ilju. "I thought you mlglit be l.:u:y. ' na!:l the banker as he was ushered lut; t!i? room, "seeing that you're 11 stransor in town, so I have dropped lu for a chnt." The .chat wv aulckbr fell tuto .Unan- I claTttianoeht aud it uTiTifet proceed far before shrewd Itlchard Temple dis covered some things of advantage to himself. Among the tilings discovered was the fact that Tandy waa some what overanxious to hasten the busi ness In band. He listened with every Indication of luterest to all that Tan dy had to kay concerning the two still anlnunched enterprli-tlie barrel fac tory and the gas compuny. He asked Interested questions concerning them, and at Inst felt sufficiently sure of his ground to venture a little farther. "I am Inclined to think," be said, "that 1 ahull want to take at least a little of the barrel factory stock to morrow, and jsMslbly I may eubscrlbe for some of the gas stock also. Of that I am not yet sure. But before I take cither I must Invest four or five thousand dollars In something abso lutely securo. I have been going over the latest report of yoor bank and the other one-Ilnllum's and they have Impressed me with the conviction that the very best arid safest Investment a man of small means, like myself, can make In this town Is in bank stock. This city I a point at which so many line of travel and traffic converge thut the exchange business itself must be sufficient to pay a bank's expenses. In fact It pnya more, as the reports show. And then there Is the larger business lending money on sound enterprises, financing Industrial companies and es pecially advancing money on bills of lading for goods In transit In view of all this It surprise me to learn that the stock In the two bank here stand only a trifle above par." "Oh, thnt'e becnuse of two things. People here have got It Into their head that anything less than 10 or 12 rer cent aa a return for money invested I ridiculously smalt, 80 they don't want bank stock. On the other hand, the commendation for the way In which Temple bad done hla work. Worda were unnecessary. "I hope. I made no mistake In aul acrlblng for that barrel company stock," aald Temple aa he passed the completed papers over to Hallam. "At any rate, I'd like to keep that my self. If I may, whether It ever prove to be worth anything or not I've ac cumulated enough money to pay for it" "Ob, aa to that" answered Hallam lightly, "the stock will be good enough. I'll make it so by taking a majority In terest In the company and consolidat ing It with my own. You aee, we limply must do something for old Nap per Tandy." " (To be continued.) DICTATES OF LA MODE. Bread Ribbon taafcee Brtcfctea -aser Ir-FlBt eVKsffrtt. Brood sash ribbons tied In Che back with long ends that fall quite to the hem of the gown will be worn not only by very young glrla, but by matrons as well. They are particularly at tractive with lingerie gowna or those of flowered lawns or muslins, dressing up an otherwise rather plain costume. Some extremely pretty trimming ef fect are made In point d'esprlt and WHITl CHIT HAT. other nets with little flounces piped with colored velvets and a band or sash to correspond. When tho straw hat becomes dis colored It may be given a coat of dye of any of the modish tones. The dye comes In a bottle with a brush. It is said not to come off even It It Is caught In the rain. A deep, stiff linen turnover collar has buttonholes at each side, through which a strong bar at the top of the four-ln-hnud scarf slides and secures It easily lu place. The Peter Pan shirt waists are hav ing a good sale, and with their turn over collars and elbow sleeves will certainly be appreciated when the warm daye are upon us. Linen dresses of every description are now offered everywhere among the bargain sales at the department stores as well as at the fashionable modistes. Linen gowns simple enough for morning or sufficiently elaborate for afternoon are alike smart. Dark colors and Ucht, new unusual shades and soft, pale tones that look cool with tho thermometer tit Its highest point are nil on the market. The hat pictured Is a charming crea tion of white chip. The brim rolls gracefully from the face and Is lined with chiffon and tulle lace. A large pink rose and a lour? white feather are tho becoming trlmtnluu. J Cme CHOLLKT. Mamma I hope you behaved like a littla lady while Mrs. Borera was trying to entertain yout Little Dnuchter Yes, mamma. I put my hand over my mouth every time I yawned. Pick-Me-Up. 1 SUMMER SPECIAL To tJvrtlM our itimpml llnne will sell canlerpleci likecul stsaiptd on pun UntH complete with floss to smbroider. Regular value 90c Special 50c la otaVrlnr br null wnd post offlca or ex press moo? order and mtnttn iMi faptr ligg ST-, PORTLAND Cfc CITY NOTICES. NOTICE OF IMPROVEMENT. NOTICE IS HEREBY GIVEN", THAT the Common Council of the City of Astoria ha declared Its determination and Intention to repair Bond street from s point 15 feet west of the East line of Forty-second street to the West line of Forty-fourth street. From a point 15 feet west of the eat line of Forty-second street to a point 132 feet west of the west line of Forty-fourth street the repair shall consist of replanking the street on the existing stringers with covering planking 4 inches in thickness hy 12 Inches in width to the present width, excepting the portion covered by the right of way of the Astoria Electric Company's street railway track, and that the portion from a point 132 feet west of the west line of Forty-iourtb street to the west line of Forty-fourth treet thall be repaired by grading the tame to it full width and by planking the same to the width of ten feet on each side of the Astoria Electric Com pany' street railway track. The cov ering planking to be three inches ia thickness by 12 inches ia width and throughout said improvement two new stringers 4 inches in thickness by S inches in width shall be placed on each side of the (treet, and new handrail shall be constructed where the same now exists on the old street. All ma terial used shall be good sound red or yellow fir lumber. In matter of detail said improvement shall be constructed according to the plana and specifications therefor to be prepared by the City Surveyor as hereinafter provided and general ordi nance No. 1901 and any matter of con struction and drainage found necessary to make the improvement safe or sub stantial shall be done by the contractor whether specified or not, without extra charge. The City Surveyor has been directed to make and file with the Auditor and Police Judge of the City of Astoria, plan and specifications for the con struction of said improvement and esti- )w)s))))e)w)$ &fe MORNING ASTORIAN THE ONLY PAPER ON THE LOWER COLUMBIA HAVING ASSOCIATED . PRESS SERVICE ln liquid 'iniHill ' II" CITY NOTICES. - mate of the cost and expense thereof. That the cost and expene of. con structing said improvement shall be defrayed by special assessment upon the lot .land and premise benefitted by the asm which laid Iota, land and premise are included in the special as sessment district including all lots, lands and premise o benefitted to-wW North half of Block 0 and 7 fn Adair's Port of Upper Astoria j South half of Block 105 in Adair's Port of Upper Astoria, a laid out and recorded by John Adsir. and the South half of Block 112 in Adair North Addition to, the Port of Upper Astoria, OLOF ANDERSON, Auditor and Police Judge of the City of Astoria. 8-9-M. NOTICE. NOTICE IS HEREBY GIVEN THAT the Common Council of the City of Astoria ha declared it determination and intention to establish the grade on Columbia avenue from the east line of Lincoln Avenue to the West line of Mel bourne Avenue, so that the grade when so established will be on the following elevationa above the base of grades, to-wit: ' On the North half of the street at the East line of Lincoln Avenue at 109 ft. above the base of grades, and in the center line of the atreet at 110 feet above the base of grades on the North side of the street and 110 ft. above the base of grades in the center line of the street; at the Southwest corner of Block 19 at 132 ft. at the North line of the atreet, and 134 ft in the center line of the street; at the East line of Melbourne Avenue at 117 ft. above the base of grades on the North line of the street and at 122 ft at the center line of the atreet; at the West line of Melbourne at 120 ft. above the base of grades at the North line of the street, and 123 ft. above the base of grades at the center line of ths street, and on the South half of the street the grade shall be as follows: At the East line of Lincoln Avenue at the South line of the street at 112 ft. at the center line of the street 110 ft at the west line of Lincoln Avenue, at the South line of the street 112 feet. and at the center line at 110 ft above the base of gradea. and at the South west corner of Block 19 in Taylor'a As toria, at 138 ft above' the base of grades at the South line of Columbia Avenue and 134 feet at the center line of Columbia Avenue. At the Eaat line of Melbourne Avenue at 140 feet above the base of grade on the South line of Columbia Avenue and 133 ft. above the base of grades at the center line of Columbia Avenue at the west line of Melbourne Avenue, 142 ft. at the South line of Columbia Avenue and 140 ft at the center line of Columbia Avenue. OLOF ANDERSON. Auditor and Police Judge of the City of Astoria. Astoria, Oregon, August 6th, 1906. 8-9-10V )))))) if leii IS OUR FIELD, AND WE COVER IT. Our field is the district tributary to the mouth of the Columbia River. We pene trate into all the outlying districts, into lumber camps and isolated neighborhoods. The business of these places belongs to you, and it is worth going after. . .Space in THE MORNING ASTORIAN is reason able; contract for some and let these out siders know that you are still in business at the old stand. You may have a "grouch" but that won't get business; forget it. Let the people know what you have to sell; they may "forget" or have "forgotten" LEGAL NOTICES. NOTICE TO TAX PAYESS. The Board of Equalization of Clatsop County, Oregon, will attend at tha office of the County Clerk of Clatsop County, Oregon, on Monday, August 27, 1900, and daily thereafter until and including Saturday, September 1, 1906, to public ly examine the assessment roll for the year 1906, and correct all errors in valuation, description or equalities of land, lots or other properties and it shall be the duty of all parties inter ested to appear at that time and place for the purpose of correcting any error that may appear in said assessment rolL T. 8. CORNELIUS, ' Assessor, Clatsop County, Oregon. Astoria. Oregon, August 0, 1906. 8-5-28t. (D. k W.) RECEIVER'S NOTICE. In the Circuit Court of the State of Oregon for the County of Multnomah. Eleanor Olmstead, plaintiff, vs. The Traders' Insurance Company, et ah defendants. Notice ia hereby given that the under signed ha been appointed by the above entitled court in the above-entitled cause receiver for the State of Oregon, of the defendant The Traders' Insurance Com pany of Chicago, Illinois, and that by order of the aald court, all persona bar og claims, against the said defendant The Trader' Insurance Company, arising on policies Issued in Oregon, are required to present the same to the undersigned, at the addrei below given on or before the 31st day of October, 1906, and If not so presented, the same will not partici pate In the distribuation of the funds of the said defendant company ,in the hand of the receiver. Notice is further given, that all re turn premium will be computed from the 6th day of May, 1906, the date of the Insolvency of the said The Trader Insurance Company, and all policyhold er of the said defendant company are urged to reinsure, if tbey have not al ready done ao, and to present their claim properly verified promptly to the receiver with the surrender of their policies. Form for proof of claim may be had from the receiver or from the former agent of the company. A. H. BIRRELL, Receiver. Addresa McKay Building, Portland, Oregon. Dated June 23. 1900. j A. F. FLEGEE and ' BEACH & SIMON, Attorney for Receiver. 7-16-30L NOTICE TO STOCKHOLDERS. The annual meeting of the stockhold ers of the Odd Fellows' Land & Build ing Association will be held on Thurs day, August 23, 1906, at 2 o'clock p. nu at Odd Fellow.' Hall JOHN HAHN Secretary. l-8-4t Low shoes, when new, often blister the heels by slipping just a little as the wearer walks. To prevent this it is well to rub the inside of the shoe at the heel with soap before' putting it on. . ..!:.',