The morning Astorian. (Astoria, Or.) 1899-1930, November 21, 1907, Image 5

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    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.