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About The morning Astorian. (Astoria, Or.) 1899-1930 | View Entire Issue (Nov. 21, 1907)
JHURSlTAY, NOVEMBER i, 1907. flTHE MORNING ASTORIAN, ASTOMA, OREGON. Pure and Wholesome "fowles Log Cabin Syrup" Quarts, half gallon and gallons cansi Fall Measure. Our Price li Right. ROSS, HIGGINS & CO. Tht Ltadlng Qroaam E TILES 01 I lattallinf Willi Tlx Installation of the lrle tele graph talioB 1 progrelng finely, an exprt being oa the ground directing affair. It It expected that the plant will be In operation In a few day. Returned From Wedding Trip Mr. and Mm. Howard 1- Knight are Uuk in Astorlt, (rum tlmlr wedding trip. Willie aUvitt, from the city, they vlit ed teveral Pugt't Hound cltlct and ex tended tliflr trip to Itritiah Columbia. Taken to Hoapltal II. A. Ilfliiwu. of Knapptoit, who I connected with the mill there, wat taken to the hospital jeterdj after niHiii for mvilkal treatment. Hie trouble It nut aeilou and be It expected to be around again n a few day. Twelfth Street Repair That block of Twellth atreet between ComitirrvU! and llond street, ! under going repair, la the way of .new deck ing throughout, and the Introduction of number of heay t ringer all of which will be welcomed at the; went notably needed at that point. Soma Clataop Hog Itoea, Illgglnt & Company have been handling ine fine tpeclmen of Clat aop ewine lately, two having arrived here from Warreitton in tht patt 4X bourn, the weighed, respectively, 474 and 600 pound) which la pretty good hog on tht block, and rained on tht Clattop penintula, at that. Well la Hand City I'hpician Mohn report that there ae aeven or eight caaei of acarlet fever in the eity, and all well in hand, and eonraletcent) and that atidt (rum these, there are no eontagiou cae to be found in the city. The doctor aayt he I proscribed from resigning hi pott a city phyaiclan, on account of the "legal holiday" ttlll pending. Patent Granted Nil A. Akerman, of Atorla, ha re ceived notice that hi application for a patent on an improvement on flah trap hit been allowed, Mr. Akermnn atate K that he lm made arrangement for the tu, 1,... -' Li .ln.,Lut Bnil t.a. 1.AI.M lllllUHIM HMI Ul IIVVIW HMU ill" WVH proulid financial backing for U10 In tltutlou of a teal and fish oil factory near Ator)a. When tho patent ha been received oporatlon will be com menced. Leases Accumulating C. X, Sherman, tho oil expert, who 1 deeply intcretted in Uie forth-coming teit to be made for oil and gas in thi county, report that the lease for land are accumulating with fair epeed, and that there are already 20 farm on the Lewi & Clark and Young' River, Included iu the new venture, with a big acreage in prospect on the north ihore of the bay. lie and the committee in charge are quite satisfied with progrea to date. The tubtcrlpUon to the dollar hare of tht Astoria Fuel Company, art coming In handsomely and tht work it moving along heartily, all along the line. one tide of the ttreet will be olanked and that portion of tht roadway opened lor iramc. a urge torce 01 men were worklm on miner Kiirhth street, vetter- day, clearing off the mud, and filling Dole, and the street U now in a goo! condition. Contractor Lebeck under whoit direction the work on both street i king done I bustling thing. Rtturni to San Frandaco Vr. (Jeorg A. Wood, ton of Captain and Mr, (ieorge Wood, of thi city, who has been the recent, welcome guest of hi parent here, ha left on the re turn trip to the IUy City, where he will take up hi practice after an abence of month, ejmtit moitly in Chicago, and Itochiuter, N. Y where lie took poot-grailiute coureei In pathology and urgery. Tht Gri.ce of Cash t'ah i always the important thing with most men and women, and when It ha the grace of low figure for dcilr- able good, it mean more than ever to all concerned. That's what it mean iu the Charles He 1 1 horn A Company sched ule of reduction, published in thi issue. Ladies' Guild Sale The J-adliV Guild of Grace Episcopal Church will hold their annual tale of fancy article, delicaciee, candle, aand wit-he, coffee, and ice-cream, on Thur day (thi) afternoon, beginning at 3 o'clock, precisely, and continuing through tht evening, in the Itee4 building. Figure Don't Lie PublUhed figure, over the namt of a reliable firm have a convincing ring and hold the essence of advantage to whoio ever ball us them. Note the string of quotation in the Charles llellborn & Company ad. In thi iu. It li Up To You - When a good thing comet your way it it your lot if you let it go by. Charles Heilborn A Company art making ome interesting offers In this jusue, and they art your to make good on. The Chance it Your A glance at the advertisement of Charles Hellbom A Company, In this Usue, will Indicate to you where and what that chance 1, and what ft is worth to you. The Astorlan, 00 cent monthly. Street Improvement The Improvemtnt of West Bond street Is progretslng favorably, and It It ex pected that by the middle of next week, Notice to the Public: , On and after Dec. 1st, 1907, all charge accounts will be dis continued and pur chases made at this store will be strictly on a CASH basis H.IR. Hoefler For a VICTOR OR AN EDISON PHONOGRAPH goto Johnson Phonograph Co, Parlor ttoend floor over Soholfleld , A Mattton Co.' HBO PERSONAL MEHTI0M 0 8 8 088888888888888880 Frank Hiiyder, of Port Huron, Mich., 1 In the city. J. V, Holdi-n is rcglHtered at the Occi dent, from I'ort Huron, Midi, A. L Ktrinirer, of Kama City, Mo., I vUitiiig AHorla for tew day. Ivan Holm I over from Narcohta, 'ttli,, on a vlitlt. Jut, Ifcaly, of Gray' Itiver, i vlilt- ing Astoria for a few day. Andrew Hanson, of Ilosnburg, Wah., i In the city. M, Mlverdrup U over from Knappton for a few day' vllt. C, C. Hall, of Cliicago, wa doing but- nes in Astoria yesterday, Dan J. MeGIII I visiting Astoria from Portland for a few day. J. K. Mager, of Portland, I on a bul- net trip to Astoria, and regUtered at the Occident. - . 'A T 1)ltnimn la in Aktnrll. from Portland. He will probably remain in this tection for a few dayt. .lohn Johnton, of Itohurg, Wann., wa In the city yesterday and left for hi home bint night. Kmll Ponkala, of Eden, Wash., who It proprietor of the gasoline boat run ning to that place I on a businc trip to Antoria. TA Donnelly, dock maler for the Ku 111 111 line in thi city, returned from a day's outing (and Inning), at Chinook, yesterday afteroon. Wieriir I'omeroy left on the 0-.10 train laul evening. He will make a IiumIih' and plcaxure trip to Anacortet, Wash.' Mrs. Rafael Ilonham, wife .of Inspec tor ltonhom, of the Immigration aervice in thi city, returned yesterday noon from Portland, with her baby daughter, Mildred, and accomiianicd by her friend Ml Mildred Baker, of that city. A Toothsome Manual 'Among the l!M7 production of At loiiu, the Grace Church Cook lJook figures, in one of the pronounced uc- ccteaj not only a an excellent and unfailing guide in the administration of the (iipreme affair of the home kitchen, but a an appreciated clleft It it a handsome volume, and i likely to be found among the holiday gift next month, when the present "hoUdaya" are no more, and people turn to kindly thought of kith and kin. Chlnookian Enterprise Tht gd people of Cliinook, aeroK the way, are busily engaged these days in the organisation of a meat company, and are effecting a ready tale of the 200 aharea of stock In the local corporation and expect to make it very successful a toon a they can float it. It It done to methodlM the receipt and disburse ment of the mcat-tupply of the town, and regulate, in a way, the cot of the Mine, to the people generally. Skipped by Moonlight Two young fellow, one of whom gave hit name as King, have been working the north ahore town during the past. week telling Da-doodle mining stock, under the sponsorship of what it called the "Champion Group Mining Company with alleged headquarter in Portland They "skipped by the light of the moon" on Tuesday, from Chinook, lcav ing an unpaid board bill to mark their wming and going. A Toothsome Package- Jens II. Hansen returned last night from Long Bench whero he was engaged in starting a gang of men at work on a largo plumbing contract. Shortly after his arrival here Otto Rund and he were seen carrying a mysterious looking box, which, on close inspection, proved to be filled with deep oca crabs presented by Captain Parker. Birthday Reception Mr. and Mts. Clarence Tyler gave an informal reception to a few friends, at their residence, last night, the occasion being the birthday of Mr. Gene Lent, an old friend. A very pleasant evening was passed, and enjoyed by all those present. These Wet Days knock the shape out of your clothes. A good pressing' will give them back their trim shape. Carl Franseeiip The Astoria Tailor, 1 does good pressing. 179 nth St. - Phone Main 3711 A oomnlete line of Fall and .Winter sample ready lor your Inspection. Come and look them over. , REAL CAUSE OF THE STRINGENCY AH ASTORIAIf REPORTER GETS WORD FROM, AN UNDISPUTED AND AUTHENTIC NEW YORK SOURCE, ON THIS SUBJECT. "Jut why thi country, at a time when everything seemed prosjierous, when business wa nevep better in all line of Industry, ihould in the short pa of a week, be entirely turned around, so far at money matter are concerned, It a question which we have all tried to reason out, and tht varied opinion that have been offered by every one differ very materially j to much 10, that one cannot come any nearer to the solution than when it first started. However, an Aatorian reporter met a prominent New Yorker, who wat at one time a member of the Consolidated and Petroleum Exchange, on Wall a'reet, and well versed in Wall Street affairs, who, while not expressing an opinion a to the real cause, on account of hi abw-nce from the storm center, kindly showed a letter he bad jut received from his brother, who It at tho head of one of the most prominent brokerage houses in New York, giving hi opinion aa to the cause, and what happened. Being fact from the lnide of the ring, it will doubtlei throw some light on the ipie-ttion, and being also, from a prominent man In financial matters who comet in daily contact with the "power that be" it authenticity can not be questioned we quoit in part: "I have your letter asking about the trouble in the (Wall) street. Thi is what happened: We bad quite a de cline due to Roosevelt's calling the pub lic's attention to the frauds the cor porations have been perpetrating for years; at about the bottom C. W. Morse unloaded hi United Copper (pool hold ing) and Otto Heinze & Co. tried to make biin buy back in the open market, Ho sold United Copper to 37; Heinze put It up to 00 Groat and Kleeburg did the business on the curb and Heinze & Co. could not take the stock. Both as signed. F. Auguatu Heinze, brother of the other one, wa President of the Mercantile Xat'l Bank and borrowed their money on United Cooper around SO to protect himself. United went to 71 which it still if. The Clearing House Committee forced him to resign also C W. Morse to get out of .all the banks be wat interested in, and in a week had forced out every bank president or dir ector who wat known to have promoted any wild cat enterprises. Buna' ttarted on nearly every Bank and Trust Com pany. The Knickerbocker Trust Co. waa allowed to bust; the Trust Com pany stood (with outside help) a run that lasted 12 days. It it said they paid out $70,000,000. Quite a number of small banks add trust companies were forced to close. Mot of them are sol rent but could not raise ready money or sell their holdings. Money loaned at 150 per cent and for days was at 70 per cent. Cah is still at a premium and so is gold (naturally). "The examiners came down (both State and National), and went through all the institutions. Every one who had broken the law and borrowed their own institutions money for speculation or promoting purposes was sold out and forced to resign. There was nearly 100 of these Napoleons disposed of. IT WAS TUB LIQUIDATION OF THESE LOANS THAT 'MADE THE LOW PUICIC. It was distinctly a RICH MAN'S PANIC I do not think the pub lio suffered much but they hollowed a good deal aud hoarded money - which makes things bod. f "You can size things up from what I have written and can understand how things are. It is a general cleaning up and shake down. "J. P. Morgan is in control of every National bank in New York and he has forbjiddfcn any short selling, and all margin business end everybody obeys, If they should not, they could not bor row any money at any rate. They keep tab on how much everybody borrows and you could not borrow a dollar out aide of the Exchange to save your soul. However, I think the worst is over now. I hope I have answered all of your questions and made things clear. One trouble brought on another and the liquidation was enormous, and every body who did not have strong backing waa in trouble." The obsequies over the remains of the late George Siverson, will be conducted from tho Norwegian Church on Twenty ninth street at 12 o'clock today. The interment will be had in Greenwood cemetory, and the boat carrying the re mains will leave Booth's cannery at 1 o'clock p. m. New Assistant Engineer The steamer Boanoke has a new third assistant engineer, Joseph' Watson, now filling that position. One Piano Ticket with. Each $5.00 Sale to Wise Customers The Yale Ederheimer, Stein & Co. Says May to Joe: "You can't look foolish in aWlge Suit or Overcoat." . $10 to $35 We take checks on Astoria banks, of'clearing house certificates inpayment of GOODS, BUT ;, not in exchange for cash; we are not the U. S. mint. Herman Wise The Clothier, Who Makes Astoria Famous, .,. Morning Astoriati 60c per ttiontli. j T&an Tan Milling lliUII UVII lTUIBIIIIUI 1 Big Sale Now On ! v - ! 1 y r' v jr v . v.-:: ;.".- y -' " - -( - - I if Our Quality is Unexcelled. Our Styles the Best Blue and Brown Hats in Abundance. Big Line for $K3aSO STREET HATS AT COST S Bom Tom MilliMery MRS. GEORGIA PENNINGTON 483 Bond St.