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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.
!' THE RANKS
a By George Carry Eggleiton )
(Continued from Last Woek.)
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
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
IV'Oi morning after bis cou
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
"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.
"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
"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
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
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
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
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
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
"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
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
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
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
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-
&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
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,
Auditor and Police Judge of the City
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,
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.
Auditor and Police Judge of the City
Astoria, Oregon, August 6th, 1906.
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"
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
T. 8. CORNELIUS, '
Assessor, Clatsop County, Oregon.
Astoria. Oregon, August 0, 1906.
8-5-28t. (D. k W.)
In the Circuit Court of the State of
Oregon for the County of Multnomah.
Eleanor Olmstead, plaintiff, vs. The
Traders' Insurance Company, et ah
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,
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.
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.