The Oregon daily journal. (Portland, Or.) 1902-1972, October 02, 1907, Page 4, Image 4

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    . tfHE : OREGON DAILY JOURNAL; PORTLAND. WEDNESDAY EVENINO. OCTOBER 2 1C07.
F
GOLD IS
No Cocaine-'-No Gas
No Students'
HERE WOULD PAY
SOUGHT BY EAST
' Our aueaese Is due to uniform high
THE SUPREMACY OF THE STYLES WE HANDLE has nwr beerf .seriously
! aaestioned. 5 Not content, with ther artistic V productions . of , Prandegee, ;,; Klnctid &
,Wood clothes, which we : control Vexclusively lot ! this city, . we 'show our. own Chi
cago -Specials and the world-renowntd College cbthes made by Singer & Sons, thus placing
aide by aide the fine, finer and finest creations of America's foremost makers, and giving
our patrons a range of choice Impossible In stocks of lesser magnitude, .There never was
j a time before in this store's history when . stocks were, so thoroughly complete as now.
grade work at reasonable prices,
; ? Nervous People
1 SMBSBraSSBBBMBMSeMaB-W-BBBSan
Financial Institutions Eas
of 31ississippi Offer Good
Interest for Short Loans.
. Merchants Are Paying Their
. " Bills as Fast as They
Become Due.
Consumption of the Sweet
Grains Would 3Iake Re
finery Profitable.
WOULD SIMPLIFY.
LOCAL DISTRIBUTION
And those afflicted with Heart weakness
can now have their teetn . extractea,
filled and brldgework applied Without
J
the least pain or danger.
ITie Gilcano SpecialSuits
T0LU3IE OF TRADE IS
OX THE INCREASE
GROWING COUNTRY IS
PAINLESS EXTRACTION .....g .50
11 KARAT CROWNS ,6.00
MAKING NO OFFERS
BRJDQB WORK 5.00
OUR BEST PLAIN PLATE 8.00
Coiis, Overcoats, Dainconls
Xotablr Indication of Good Time It
! That Jewelers Are Looking For-
ward to Very Prosperous noli-
TEETR , 'IS
Soil
In Vicinity of Portland Well
September Is Showing Greatest Crop
; Comprise all the richest "weaves and all the newest modesAmer-
cas woolens, fashioned by America's leading tailors -sold , by
Adapted to Production of Sugar
Beets Factory Here would Cut
Movement of Years and Country
Banks Draw Heavily on City De
.ronjna a leading clothing store at America's lowest price. ; ;
Hen's JliSO end $15 Suits, Raincoats, Etc
day Season.
Out Rates. '
positories.
COlLECTiOnS
ARE BOW GOOD
SUGAR
COSY
OREGON
TOD
WJ l
'r -
if
In recent Issue of the Wall Street
(Journal is printed a vigorous denial of
.the report sent out from New Tor that
mercantile collections are Slow, and
that the utrlngeney la money i begin
ning to have an unfavorable Influence
Portland aa the hub of business ao
tlvity of the Pacific coast la the proper
place for the establishment of a cane
sugar refinery, according to flnanolal
Interests. This city la the canter of a
very wide territory and distributing
Xipon general trade eonMUona ratM trom her, wouu therefore be
"It is not true, says the New iora cheaper than from other cities,
baner. "that mercantile collections are Sugar handlera say that Portland's
,lo w. The report totn. conir.r, I -y iuall7 to make the estab-
r' be due to the fact that ona of the large
merchants Of the country who has el
ways made It a practice of being slow
In making payments, baa, owing to his
extensive real estate operations, been
Intensifying this fault n ,pay!.nf
' sometimes In 0 and 80 days bills that
fehould have been paid in ma u-.-'
though no one doubts the soundness el
' -bis business.
Good as Xft4 Tear.
Talnstaklng Inquiry In mercantile
Wrclea of New Tork shows that in the
vast majority of cases collections are
' as good, or nearly so, as they were laat
" year at this time. It should not. how
.ever, be understood from this that the
monetary conditions are not ' felt in
trade, they are felt, but so far.aa can
te ascertained the effect thus'far in
dry goods and kindred trades is that
there are fewer anticipations ot maiuri
then, has been the case in the
neat.
J.ne mercnanis an
their
caring
'Mils when they become due, but they
." are not paying tnera in advance ana
- taking the Ulecounc. Moreover, mor
! Sfatint note of conservatism run
ning through all the reports made by
the New York merchants. There Is a
"'. distinct recognition or tne money rar-
ket conditions, snd in many cases. a be
lief that the depression in Wall street
must necessarily, sooner or later, com
' munlcate itself to general trade. There
' 1s not a little anticipation of a con
traction In the volume of business next
year, and in some cases actual meas
ures have been taken by the merchants
In anticipation of such a contraction.
' 1 'There Is, however, not a single note
v- of pessimism to be found in all the
statements made by the leading mer
chants In New York. Their reports
'" fthow that business condition are in a
. strong position. The volume of ..busi
ness is now. and has been since Janu
ary I. In excess of last year, with gen
i --rally increased profits. The products
of cotton mills are sold ahead, some of
tnm as far as October, 10S. It is true,
however, that in a few Instances the
merchants report that, while they are
busily employed filling in orders made,
far in advance, their fresh, sales are
rather small. In the grocery trade
there hasn't been a -better year than !
this, and the only cloud upon the situa
tion now ia the scarcity of goods and
the fear that Wall atreet conditions will
gradually affect general business.
, "'" Jewelers in Happy Mood. "
"One of the most remarkable situa
tions is that which exists in the jewel
' tr trade. This is a business of luxury
and Is generally the first to show any
feigns of bard times. Tet this trade is
now, and nan oeen ror ine past two
years, experiencing the most prosperous
conditions in a generation. Collections
are, indeed. Indifferent, but this is a
business .In which collections are al-
, ways slower than in other branches of
. jrade. .: -
"The jewelers are looking forward to
4. prosperous holiday season. The pros
' perlty in their trade la undoubtedly in
. great measure due to the- growing
wealth of the West, and also to the new
; prosperity of the wage-earning class.
A part f the high wages earned by
working men is going Into the buying
, M Jewelry, ;f.'-. v .
" "1 suffered; .habitually from constlpa
" flon. Doan's Regulets relieved and
, strengthened the bowels, so that they,
, fiave been, regular ever since." A. EL
JJavls, grocer. Sulphur Springs, Tex.
PILOT ROCK STRONG
i ON.TyiNTER APPLES
lishment ot a cane sugar refinery very
profitable. The sugar could be Just
as easily orougnt to tnia city as io
San Francisco and the steamers or
ships bringing the cargoes could receive
a sufficient return load to make . the
shipment highly profitable.
The establishment of a surar refin
ery in this city would greatly simplify
the distributing of sugar all through
the Pacific northwest and down Into
the California line. With the establish
ing of such a line the freight charges
between this city and California would
be cut out because the shipments of
raw stock could be made as cheaply
to this city as to the present, refineries
In California. A refinery in this city
would likewise be a benefit to the trade
here because supplies could be more
easily and promptly delivered than they
can at present because of the long haul
over the mountains from San Francisco
If coming by rati and the tedious de
lays if coming by steamer because of
the lack of facilities,
The proposed refinery would like
wise be a benefit to the trade of the
Pacific nortwest inasmuch as It would
allow them to carry - smaller supplies
than they do at present and yet, be in
a much better position to supply their
trade than they would if shipments
bad to be made from Ban Francisco.-
A beet sugar refinery would like-J
wise be a paying investment in this
city according to the local trade be
cause In a large city like Portland the
labor to run a plant could be more
easily secured. This refinery would
pay even better than the cane establish
ment beoause the beets could be raised
very close to this city; thus insuring
a Very large -market right at the very
door of the sugar production from the
raising of the beets to the time the
product ts sacked and ready for mar
ket This would in all probability stim
ulate the beet sugar Industry to a great
extent
Every year there Is an increasing
volume, of beet sugar cansumed as
well as produced, hence the necessity
for more refineries, and one located
nearer the demand. No better place
could possibly be secured for the grow
ing of the beet than the immediate vicin
ity or rortiano 'ana experts say me
soil here has proven wonderfully rich
ior me culture or sugar peets. it in
tatea trial samples., or ugar neeta
raised in this vicinity have a higher
percentage of tfugar than elsewhere.
From a business point of view bus
iness men ot Portland claim there is
no reason why such a plant ahould not
be established either In the heart of
the city or In the suburbs; right on
the. railroad lines where the very beat
"of transportation can . be secured to
any part of the country. 'With such
a plant in operation the sugar sellers
of the northwest, would be saved In
terest on the money that would other
wise be tied up in a sufficient amount
of sugar to allow them to supply their
trade until more shipments could be
secured from the south.
Eastern banker are now looking to
the Paclflo coast for money, and In
vestors who have usually been looked
for In 'the east to place their surplus
cash in Pacific coast realty are casting
about In western financial circles to
feel the puis of the money markets. It
Is said that the strength of the coast
today In money matters Is felt more
strongly throughout the country than
ever before.
On eastern industrial concern whose
millions have heretofore come from be
yond the Mississippi river for Invest
ment wept of that waterway writes to
a Paclno coast banker like this:
"ws are in the market for some
money at this time, and can take some
from you at IH per cent per annum for
four or six months. If that Is your
pleasure,"
It Is said the coast has much money
but not enough for its growing needs.
and that all it has will be required for
local development uses.
"September is usually, like August
waiting montn. ome years invest
ment picks up In September, but not el
ways, depending on relative conditions.''
said E. Lk Thompson of Hartman A
Thompson. "This year there IS on hand
the heaviest crop movement in the his
tory of the northwest It Is a heavy
drag on the banks and the country
Danas are arm wing neavuy on mo ci
banks. These are not what one cou
call dull times,-but simply waiting for
events of the immediate future to
transpire. As soon as the great crop Is
released to foreign shipment there will
oe great quantities or money axioat in
addition to the unusually large yield,
the price of wheat Is 86 cents, and
therefore it requites nearly 16 per cent
more money than ordinarily to handle
It"
It is said there has . not been any
very heavy individual Investment of
outside capital made in the city or state
during the last month, although a great
aggregate sum of small investments
have flowed in. along usual channels.
The waiting game Is evidently being
played by outsiders as well as .those
here on the ground.
Portland bank clearings for the week
ending today were approximately
17.000.000 as compared with 16.924.167.13
for the same week a year ago.' The in
crease of about 17 per cent is much
smaller than the rate of increase that
has been recorded by the Portland
clearing house most weeks of the cur
rent year. Some weeks, the gain has
reached 40 and 46 per cent
I fRiMHTla! Dlnxteh ts The Josraal.1
. - Pendleton, Or Oct S. The town of
mot kock. wnicn mane sucn an eiao-
(irate showing at the district fair here
ast week, will make an exhibit at the
coming fair at Walla Walla. An es
pecially large and choice exhibit of
winter apples will be sent to Walla
: iwalla. v 1
If you really are sincere In your de-
Sire to better your financial coi
pall at room 216 Couch building.
OCTOBER.
J 1 3 415
Some men are born kickers.
Some learn to kick.
Some have kicks thrust upon
them.
1 ' But if there were no kickers
we'd all become slaves; slaves
to Standard Oil, railroads, ex
press companies and the trusts.
' Kickers ;, always welcome at
our. store .
' Our fall clothing in quality, in
style and price will satisfy even
the chronic kicker. ,
166 "arid 168 Third StL-
Mohawk Buildioj. v
MAKES BIG INCREASE
, , SSassbSBSasaMsjewasgSMaBBiMs
Great Northern Plans to
Forestall Freight-Car
. , Shortage.
ABSOLUTE
SECURITY.
Re-Enameling Teeth
Is the greatest Invention In modern dan-
all meth
tistry and has been moat suoeeesfu! of
oa
We extend to sll a neclal Invitation
to call at our office and nave their teeth
examined free of charge. , ,,
We own and control the largest and
best equipped dental establishment In
the world, having Just opened an office
in Astoria, maxing us 1 otiioss ail told.
We give a written guarantee with all
work ior io years. utof attendant
Open evenings tUl 1:10. Bunday f to 1.
Chicago PainlessDentists
bxxtx in WACxrjraTOjT.
'Be sure you are In the right place. '
SAYINGS BANK
OF TUB
Genuine
Since March L i06 the Great North
ern railway has increased the number
Of Its engines by 42 per cent and has
added 10,000 freight cars to its equip
ment. The above statement was made by
Louis W. Hill, president of the Great
Northern, while on' a recent visit to
New York. Continuing, Mr. Hill aald.
"whatever freight congestion there may
be this ' coming fall and winter will
not be due to an Insufficient supply
of cars and engines. Last year's con-
?:estlon was not due to that cause so
ar as our road was concerned. Mv
observation Is that about every 10 years
we encounter a fierce winter and thn
no amount of precaution avails ' to keep
me lines clear.
"During the past Season, that la the
summer months, we have handled more
than twice as much coal as a year aaro.
although local consumers have not yet
laid in supplies as largely aa thev
SQOU1U.
Carter's
Little Liver Pills.
Must Bear Signature of
5ee PacSUsJla Wrapper Below.
ssffas
I Yawy saun aa
I . tstaks
CARTER'S
B
I
FOIIEaBACKE.
roi DUZMESS.
roi IIUOUMESS.
FOI TORPID UYEJt.
FN COXSTIPATIOf.
FOISAUOWSni.
rOI THECOMPIXXIOI
ssni mitniiiiiTwi.
eyrtaMeywge
CURE SICK HEADACHE.
TITLE GUARANTEE
& TRUST CO.
j-
OPEN ON SATURDAYS FROM
I A. 11 TO 1 F. 11.
AND ON SATURDAY EVENINGS
FROM I TO I O'CLOCK.
WE PAY 4 "TOBEST
On Savings Accounts,' Interest Com
pounded Beml-Annuauy.
WE PAY 3 ON DAILY
Balances of Check Accounts.
OFFICERS:
J. THORBURN ROSS - - President
GEORGB H. HILL - Vice-President
T. T. BURKHART - - Treasurer
JNO. E. AITCHISON - - Secretary
240-244 Washington Street
(Corner Second)
PORTLAND, OREGON .
"An East Bide Bank for East Bids
People."
The
Commercial Savings Bank
XJTOTT AO : WTTiTJS MB ATX.'
A bank that looks after the
needs and requirements ot each
Individual customer. -
COURTEOUS "
PROMPT
j APPRECIATIVE
CHECKING ACCOUNTS and
SAVINGS ACCOUNTS
Interest st 4 pr cent on SAV
INGS ACCOUNTS' from $1.00 up.
George W. Bates. ...... President
J, 8. Blrrel... ...Cashier
firsntfegee, Klacald & ITsod Pro-dodioas-Tbe
ITcri Si test '
Suits, Overcoats and Cravenettes,
$20.00 TO $30.00
3l3se & Sons College Clothes for
' Yecsg Ilea
Priced at $12.50 to $15.00
Special Money-Saving Offerings; Uttfi Vzitmtzr, Skrts, Hosiery, Shoes, Gloves, Efck
Out of
the High Rent
District .
0
Nwti ss s I
n
Not in
the'High1 Price
Clique
L MILITARY
ACADEMY-
PORTUAN0 ORE.
A Boarding and Day
School tor Toung Men and
DOTS.
Preparation for eel
leges, U. S. Military an
navai Asaasmies. AO
credited to Stanford,
Berkeley, Cornell, Am
herst and all State Uni
versities and Agricultural
Colleges. Manual train,
ing. Business .course.
The principal has had II
f'earr experience in Port
and. Comfortable quer
tera Best environment
Make reservations new.
For Illustrated catalog
and other literature ad
dress J. W. BILL, Elf D..
, Vrlnslnal ast VsopvtstPa
. r -- - - - . '
fT,.. i3Hi "miQ
GOLD DEEDGING.
Western Exploration at Dredging Oo.'s
Tests Show SUea Oravel Deposits and
Work WIS Bs Fashed Bapidly Tor-
ward.
What now gives promise of - being
Oregon's greatest industry, dredging the
banks, beds and benches of her aurlfer-
gold, Is now supplanting in interest"
neany every otner une or development.
Burnt river and Its many tributaries,
the scene of rich gold discoveries back
In those palmy daya when no wan
worked gravel from which he could not
readily pan at least II a day, and when
the opening of enormous, pockets was a
matter of common experience, is coming
now into its rightful supremacy. These
prophetic words of Waldemar Llndgren,
In the United States geological report
of 1901: "The Blue mountains abound
In physiographic problems, many of
them still unsolved, and a rich field here
remains for future development," are
now being realized. The development
has begun. The Western
4 Dredging company, 215 Couch, build
ing, officered by well-known Oregonlans,
has for some time been working quietly,
making tests of large holdings ell along
Burnt river and now furnish proof of
gold in quantities that win pay fabu
lous profits. That the most conserva
tive business men in Portland are tak
ing stock .in' this company Is sufficient
evidence of the practicability of their
undertaking:
V Dr. T. J.Lloyd.
Veterinary surgeon and dentist. has
opened a new veterinary hospital at lit
North Sixth street, near the Union
depot.. ' The doctor is thorough. In all
branches - of the profession. He pays
particular attentionto the treatment of
dors and operative surgery. Telephones
Bankers and Lumbemns Bank
Corner Second and Stark Streets
PORTLAND, ORE.
i CAPITAL STOCK, $250,000.00
OFFICERS
Q. K. WENTWORTH. President
y. H. ROTHCHILD..lst Vice-President
H. D. BTORT.
PLATT A PLATT. ,
li.ov v v.o-x i ceiuoii , f AiAa A fJB I AJ A A
JOHN A. KEATING, 2d Vice-President and Cashier.
.Assistant Cashier
.General Counsel
G. K. WENTWORTH,; President,
President Portland Lumber Co.
CHARLES 8. RUSSELL.
Pant 4 Russell, Lumber.
Director Commercial Bank,
HillsbOrO. . ;-H'3
P. S. BRUMBT, - , '
Agsnt Rlodget Co.; Ltd.
Director Booth-Kelly Lumber Co.
DR. K. A. J. MACKENZIE,
Chief Surgeon of the Oregon
Railroa4 & Navigation Co.
DIRECTORS
GEORGE O. BINGHAM,
Attorney,-Salem, Oregon.
Vice-President Bank ot Wood
burn,' Woodburn, Oregon.
LLOYD J. WENXWORTH,
Vice-President Portland Lum
ber Co. '
J. E. WHEELER,
Becj-etary Wheeler Timber Co.
FRED H. ROTHCHIDD.
First VicPres!dent-
. President Rothchlld Bros.
JOHN A. KEATING, " .
.Second Vies President and
Cashier. . v t, -,-:-t 'X- -
ROBERT T. PLATTi 1 : lJ
Piatt A Piatt, Attorneys.
Vice - President Peninsula
Bank, at, Johns. Oregon. - -
H. , IX BTORT, Assistant Cashier,
An
In t ere
sting
Comparison
'-, Contrast the service; of the individual trustee,
confronted daily with his own affairs if a successful
man, with that of the corporate trustee that makes
a business of such work! j .
Verify the statement that the shrewdest and
most successful men in the East are employing trust
companies to care for and dispose of their estates,
rather than leave them to the uncertain and ex
pensive probate administration.
...... Then Jet-; us AadviseT with you as to the best
method of carrying out your desires, ;
You can consult us freely by personal interview
or by correspondence.
Merchants Sayings and
Company
247 WASHINGTON STREET.
CAPITAL ftiLLY PAID $150,000.00
J. Frank Watson. . . ... . ..... ... . . ..... .President
- R,' L. Durham.. ... .... ... . . .. . . . . Vice-President
W, H. Fear. ...... , . . . ................. Secretary
S. C. Catching, Assistant Secretary
O. W. T, Muellhaupt. Cashier
WO M.Uso Pas.
T7 Thsa BVhueM V. PV
Wfl&IA WE
11 H:
Lunsc
EXCHANM
iUILOINO
OUR NEW POLICIES OFFER ALL THAT IS "BEST IN
LlFE tONTRACTS EITHER'TO BUY OR SELL. . '
LoW Non-P2rtidp2lLnhg Rates High Cash.Values
SUPERIOR INDUCEMENTS OTFERED TO RELIABLE ACTIVE' AGENTS.
Apply JTESm ah aaUUSS, Xaaagst of Agents, ai S,unnsBSxeaaars Bldg.
JOURNAL LINERS COST LITTLE. ACCOMPLISH MUCH.
A-6435. Alain (01.
aft- r - w'.'."' :' '. A !'..- - .'
.... ' - .