Image provided by: University of Oregon Libraries; Eugene, OR
About The morning Astorian. (Astoria, Or.) 1899-1930 | View Entire Issue (March 10, 1908)
. V TUESDAY, MARCH 10, 1901. THE MORNING ASTORIAN, ASTORIA, OREGON. 8 P'TH; T.8T.U Certain Proposed Legislation by the Present Congress. 'SERIOUS DANGER THREATENS V Tht Bills Are so Framed That if Enacted it Will bi Impossible to i Conduct tho Builneti of Marketing tht Crops of Thli Country. ., WASHINGTON, Mar, 0,-The commercial interests of the country, and particularly of the central wot, lire beginning to recognize the icr lotto danger that threaten the wd fare of the farming community, by reason of certain proponed legislation by the prctent Cottgre at embodied In several bill that have beer) Intro duced, regarding the wile of grain f - I... .1. !..... f I. I. ill. ... framed that if enacted it will be im tittmtllit to conduct the btitlnet of marketing the crop of thii country upon the preterit system, which U the remit of yean of experience and which ii thought to be the most econ omical, satisfactory and scientific method of disposing o( the cropi at ntlninum cost to the producer. Thii situation I io well recognized by the butinen interest if the central west that' auch large' commercial bodies at the Minneapolis Bankers' Clearing Home Association, the St Louis Chamber of Commerce, the Ill inois, Manufacturers' Association, the Chicago Association of Commerce, the Chicago Board of Trade, all of 'the national banks and trust compan ies of Chicago, and the stock ex changes of Kansas City, Omaha, Buf falo. Philadelphia. Baltimore, New York and Boston, are protesting gainst the passage of these bills. committee, consisting of Hiram N Sager, president of the Chicago board of trade, William S. Warren, of Hul bard and Warren, a former president of that body, B. A. Eckhart, the largest flour miller in Illinois, and B B. Bryan, of Logan and Bryan, com mission merchants, Is in Washington to confer with some of the members of Congress with a view of detcrmin Ing whether these bills are likely to pass, nnd to point out to their re presentatlves the very great injury that will Inevitably result from such legislation. In an interview, Mr. Sager, who by reason of his position at the head of the Chicago Board of Trade is per haps best qualified to speak, express ed himself as follows: "Under the present system of sell ing grain, the grain merchants of the large exchanges offer daily, by tele graph to buyers in the eastern states, or by cable to Europe, different par eels of grain of different grades and ?.' - I ! !! IT ,1.. (JMttlHICB, IIIVII Ulicin U'l'l, 111.. current market. If the offers are ac cepted these merchants immediately IV the grain to fill their sate, either iront tnc country grain ucaicrs or from sellers on the large exchanges. By the pending legislation makes it a crime to offer grain for sale unless it has been previously bought and is, at the time it is offered for sale, actu ally in the possession of the party offering to sell it. "It is evident therefore that if the seller, before offering the grain to the eastern states or Europe for sale, must go into the market and purchase the grain, he will immediately be come a speculator on his purchases, and, to cover possible loss in case he fails to sell it promptly, will of neces sity have to buy the grain from the farmers at a much wider margin of profit than is now exacted. ,! "This feature of the proposed leg islation is beginning to command the serious attention of the producer, and it is to be hoped that Congress, in its efforts to eliminate the bucket-shop evil, will not overlook tho very grave end serious Injury that would befall the legitimate commerce of this counr try in case the bills in their present form are permitted to pass." nw ATT BBftrTH TM rPHIPMT amnArfM iv. . mt ; nrnfiu In the Portland cement in dustry are very large, and this belief is energetically fostered by many so called "cement engineers" and "cem ent experts," as well as by irrespbnsi- I MS JH i ble promoters it the ttatement made by Prof, Kummel, States Geologist of New Jersey, in hit annual report for 1907, says Cement Age. For in stance' a pr6spcctu' recently issued to exploit Portland 'cement promises a clean profit of tixty centt on each barrel of cement manufactured, and asserts that this big margin profit should be Just at ture In thli com pany at a four per cent, in a bank or a trust company or a seven per cent Pennsylvania railroad 1 stock. The actual fact seems to be, on the con trary, that there it not now, and bat not been for a' number of years, a large margin of profit for most of the plants now engaged In Portland cent cnt manufacture. According to some authorities, the cost of manufacture In the Lehigh district (which cm braces also Warren County, N. J.), in a , 2000-barrel-ptr-day plant, ranges from 77 3 4 cents to 68 cents per barrel, exclusive of the package, according to the size and number of kilns, while in the smaller plants the cost is somewhat higher. These pub lished figures are somewhat lower than similar data obtained direct from cement manufacturers of New Jersey and Pennsylvania. These show costs between 80 and 90 cents per barrel when all fixed , charges, such as interest on the plant, depreci ation, etc, have been allowed for.but they do not include the cost of the package in which the cement is ship ped. During the past three or four years, the selling price of cement has varied considerably. A careful dis tinction must be made between the price in bulk and the price including the package. The average cost of the package it 35 centt for a barrel, 40 centt (per barrel) for . cloth bags, and IS centt (per barrel for paper bags, Thiscost it charged to the pur chaser with a rebate of about 75 per cent for the return of the barrel or cloth bags in good condition. Since the cost of these packages it not in eluded in the cost of manufacture as given above, it must therefore be de ducted from the telling price in order to arrive at a true determination of the margin of profit The present selling price at the milt is from 85 to 95 cents although some sales have been made at lower figures. A com parison of these figures with the aver age cost per barrel it evidence at once that the margin of profit it close Whenever the net selling price of cement (exclusive ot the package, freight, etc.), reaches 80 per barrel at the mill, tome of the mills of the Le high district sell at an actual loss, and the average dividends paid by one of the most successful plants since its establishment are reported not to have exceeded six per cent, on the capital stock. During 1904 and 1905 the margin of profit of one of the large mill was only a few cents per barrel, with nothing allowed for de preciation of the plant. It can be ac cepted as certain, therefore, that all claims of net profit of "60 cents per barrel" for 'Portland cement are grossly exaggerated, if not wilfully fraudulent. Exchanged and None Delivered : Fife It is getting It W',. ' ' U-;.' J.,'. .l.J ie ffibre Come Yourself QiTelephone i ,91 f - i ,i more exciting as the end . r draws ws. impossible to "wait on all the people yesterday ana the crowd n V i er was will be larg" Mi 1 No Cause on Record. There is no case on record of cough or cold resulting in pneumonia or consumption after Foley's Honey and Tar has been taken, as it will stop your cough and break up your cold quickly. Refuse any but the genuine Foley's Honey and Tar in a yellow package. Contains no opiates and is safe and sure. T. F. Laurin, Owl Drug Store. MILES AND MILES. "Will we never drop miles for kilo meters?" said a mathematician, "Miles are very confusing. A kilo meter, the world over, is a kilometer, but a mile in America is 1760 yards, while in Sweden it is 11,703 yards, and in China it is 629 yards. "The Bohcmains go in for a long mile, So do the Danes, the Hungar ians, the Poles, the Swiss. If you walk three miles a day among those people, you would have done pretty well; you have covered about fifteen of your own miles. f There are, Hn fact, 'thirty-seven kinds of miles! It would take eigh teen of the shortest to egual one of the longest' The rest vary in size between those two extremes. Doesn't the world, then, need one measure the kilo, that it may use without con fusion? Consider. A train that goes 168 miles an hour in China would go only nine miles an hour in Sweden." f KEF ABED INSTANTLY, Simply dd bolt tnt water, coo) and c pur pactacd tt 11 grocers. 1 fUvorS. Rotas ill substitutes. ' Willis Clark of Marion, O., offers to bet $100 that his Maltese cat can catch a fox in a straightway run be fore he crosses a hundred acre field after the fox has a three minute start. V'VJ s'v.!U Harlan W. Kingsbury of Sterling, Mass.," saw a fox carfy off his tomcat one night recently. He says that the cat put Up a; good fight, but that" the fox was too much for it m -'3 iI Mi's 'i toaav. - - t. -. . i o S t t IblLMEW to our customers to do their trading early we dl again put on sale our entire line of fine muslin underwear at about half price. Also Prom 9 to HO a. m. We will sell children's good mus lin gloves at ...... Ladies' $1.50 and $2.00 fur boas at 20c Big line of 50c dress goods now, selling at : : 24c All 25c, 35c and 50c veilings for " per yard :., 10c Fixtures For Sale at AeryJUow THE BDBTON i , :,l ...... BTOIRB a i ' if,: i Successors to the Morse'Department Store JUST A LITTLE FOR SALE AD But It Created Quite a Commotion In The Placid Life of Mr. Applegate. Tcace once more reigns supreme in the home of Abner Applegate and smiling prosperity sits down with the family at every mcaL Aslthe words once more" would indicate, things have not always been in this happy condition. Abner has had his trou bles, but they are all over now, and this is the way it came about: One night after supper, as Mr. Ap plegate was smoking his pipe by the kitchen fire and looking over the news paper, his eye was attracted by little advertisement which read like this: "FOR SALE Seco.nd-hand furniture almost as good as new at very low prices. Must sell at once. Call at No. 37 Orchard St." Abner pondered over this adver tisement for some tunc, and then, turning to his wife he said, "Martha, here's what looks like a chance to get that new dinning-room table you have ben pestering me about so long. Guess I'll go, into town tomorrow and look this thing up." So the next day Mr. Applegate drove "into town and went to ( the house indicated in the advertisement. It was well he went early, for the nervous lime man who was selling "the furniture seemed in a hurry to get rid of it. He was taking almost" any price offered, and, as a consequence, the contents of the entire house were going like hot cakes. Abner bought the table he had in mind; he also bought a quaint, old fashioned desk for i himselfsome thing he had been threatening to do for the last thirty years.' . ; In examining the desk a few days afterwards, he found that one of the drawers opened with' great difficulty, and on searching for the cause he dis covered fastened to the back of . it with a piece of sealing-wax a folded parchment This proved to be a$S,- 000 bond of the A. L." and W. Railway and the honest Abner at once harnes sed his team and started to find the nearvous little man of whom he had bought the desk. The man had dis- .. - ..... i u ....... M .... appeared, however nobody knew where and Abner could find no trace of him. After talking the matter over long and seriously with his good wife, Mr. Applegate concluded that the bond belonged to him, as he had bought the desk in good faith and , in the ab sence of any other owner, was entit led to its contents. Having reached this conclusion, he went to the city to sell the bond, and tne Droker to whom he offered it promptly telephoned for a policeman and had Abner locked up in a cold damp cell, with a charge of forgery hanging over him. It appears that some clever forger had lately pulled off a good job with some bogus bonds of the A. L. and W railroad, and the police in several states had been on the lookout for both the bonds and the forger. After languishing in jail for a day or two, Abner was brought before a magistrate and formally charged with the crime. Before the trial had pro ceeded far, however, an official of the railroad was placed on the stand, and this gentleman, when he came to ex amine the bond, pronounced it genu ine and said that its number showed that it was the original bond which the forger had used as their model. When the question arose as to the ownership of the bond, the court an nounced that that was no affair of his, and dismissed the case. . The railroad man, after talking the thing over with Abner for a time, fin ally said, "Well, Mr. Applegate, the bond does not belong to the railroad, as it was bought and paid for. The rascals who owned it have evidently fled the country, and, under the cir cumstances. I guess you had better keep it as a partial recompense for tho and annoyances you have suffer ed." ' .;' y--?yr : ij "Partial recompense!" yelled Abner "Jumping June-bugs I I'd stay in jail for a year for $5,000." J So this is why peace reigns in the home of. Abner ' Applegate, and pros perity Is likely to remain for a long time, as Abner is not a man to throw away his money even if it does come easy. - Truly, little advertisements are of- UP-TO-DATE PfUTJT Always on the lookout for the most approved wag nf fiiinr tUnga, have secured the right to scB the we3 known pdott, , staina, rennthes, made nd toid under the mark f ACME QUALITY A nark mat enable any one, novice or expert, to get, without doBot, wactly toe rigHt finish tor wood or ootat, old or new, insid. or out. ; Whani'n boyiu. aak for a easy of 9m Mttfalo 'hok, r'Thm Selection and (WkndF1iuala,'araMtat Mttaa faaar patatksg foe (TKyasa. ALLEN WALL PAPER AND PAINT CO. , 11th & Bond Sole Agts. EhI EhIS aaHB Blw l lli k lla IXfem 75 c and a bottle $1.00 at the AMERICAN IMPORTING CO. ten responsible for great results. Do you want to buy, sell, let, rent or hire? - , No matter what your want may be or what you may wish to dispose of, a little advertisement in the Morning Astorian will produce results, and the cost is small.- ; . ; The very best board to be obtained In the city is at "The Occident Hotel." Rates very reasonable. : Wilt lady who bought the cream cake at the St Agnes' Guild sale two weeks ago please return the plate to Miss Crang'i Art Store. - Richard Croker has nominated the three-year-old filly Rhodora, his entry for the classic races for three-year-olds in England, for the Ascot Gold cup, one of the great races of Eng land for mature horses. ...