' . J t
... THE OREGON . DAILV JO OKNAL, POk i LAND, ' WEDNESDAY EVENING, MARCH 89. ' 1808.
1 . '
. ....
13
- . . ' .the f H-
fx
mvmsmmmm
FLOUR DECLINE
i DRMIIG CLOSE
Season Tusjif IsEitadr;
; dinary ancl differs En
i tirely From Otherj.
Front street features: ,
Great, mlllstuff demand. ;
Cheese market U higher.
Butter scarcity continues,
low prlcea rule In bona,
feg-gs are holding steady,
Chicken market 7a dull.
Banana advanced H today,
Asparagus la down again.
Xlour decline drawing cloae.
New potatoea more plentiful
Onlona are very ecarce.
nou Dscllns Drawing CHose.
. Every day add . to the weakness
of prices in the local flour market. As
has been previously forecasted in this
column, the prospects continue for a de
cline or JBO a Darrei on patents oeoauso
that la the amount being openly cut off
card prloee by most of the email mill
era. The flour situation this year has
been a most cornDllcated one. reaembllnc
1' f in not a single particular me ruungs
fcfvln any previous aeaaon for fully soore
V jrvaia. a ht, iiiaiitvi. .imiivu Willi uit-
uauai atrength and continued very firm
up to October, when the great financial
Crisis appeared. This seemed to have
knocked the market Into a heap. In
anticipation of sharply higher price to
rule later, most buyers stocked up quite
heavy y just previous to the financial
rumpus so their supplies held Out quite
well 'for several months. -It was not
until December, perhaps, that the mar
ket showed the least signs of life, and
even theft , there waa but a nominal
amount of business doing. While the
volume of trade has been gradually In
creasing In ' thv local field since that
time, trade has,at the best been of
small moment, consumers evidently cur
tailing their purchases to the last aotch.
JTothlag Sola U ttxtaatal Trade.
t To make matters wors, there has
been practically nothing doing in the
export flour market -While aone fair
steed nrdera ware filled early fn the
grinding of the preaent crop practically
all of this business wss received pre
vious to that time. Since the new
wheat aoneared on the market there
has been but little trad in flour. Ex
nnrl values ware boosted to 14.10 a bar
rel record flgurea for this market
hut the orient has evidently been out
of a flour taste and did not care to pur
chase. While export- values were forced
'hle-her here bv the added coat of the
wheat, the orient did not even show a
riiri tn know what crlcea were ruling.
The exit of Japan from this market as
a floue buyer further curtailed the us
ual business. Lack of flour demand
from both local points and for export
caused the cloning down of 76 or cent
of all the mills of the Pacific coast
earlv In. the season, and few of them
have been opera ted. since that time, even
ror spasmodic grinding. ,
Sever Snob a Mlllfeed Market.
No one in the trade has ever before
noted -such a mlllfeed market as Jiae
ruled since the opening of the present
wheat season! For 20 years or mors
there has never been such a long-continued
shortagf; of feeds as has ruled
since October,. 1007. At this time mill
feed prices are pat all previous -records
and, even though prices are exor
bitant, it tekes a very good customer
these days to even secure stocks at the
preaent market prices. Supplies are so
small that it is the ravorea ouyer, in
deed, who is allowed to purchase mill
fMila it thia time.
1 have been In the trade for over 15
years," saya one prominent handler to
day, and I nave never noted a aeason
like thla. The demand for mtllfeeda Is
rowing every year, but supplies this
aeason are so short that but a small
portion of the demand can be filled.
While the mlllfeed demand has In
creased, the milling facilities have like
wise expanded, but this season tne de
mand for flour has been so contracted
that but a small amount of millstuffs
has been made.
Cheese Market ts Higher.
An advance of about Vic is shown In
the cheese market at thia time, owing
to the larger demand and tne smauness
of No.'- 1 stock. Best cheese Is today
being held firmly at 15o and one of
the largest handlers Is talking of put
ting the price to 16c tomorrow mon
In a.
. Creamery butter Is still quite scarce
and out two grades are now snown.oa
uie marset.
- Poultry msrket Is rather dull, al
though prices are holding about the
same as yesterday.
rront Street Briefs.
,' Potato movement to the south Is
mailer.. Price unchanged.
Smelt run in the .Cowllts contlnuea
heavy.
. Bananas show an advance of Ho a
pound today, owing to the higher cost
Ht the Gun.
HUsparagus Is down again, with larger
Juppues.
Local caullflpwer Is In better shape
and ' prices are ruling between $1 and
fl.Zs a dosen, according to quality.
Money and Exchange.
. London, March 26. Consols 87 Hd,
Sliver jou, DanK rate s per cent.
! New York.' March 25. Sterling 'ex-
.change, long 14.84; short. 34.(7: silver
bullion, 65c.
i San Francisco, March 25. Sterling
exenange oujuy at.o Tt : signt. .BO?ti;
documentary, .bi. 'iransrers, tele
graphic, 7 Mi per cent premium; sight, S
per cent premium.
New Vinegar Plant.
(Special OlfDstcb' to The looratL)
The Dalles, Or., March 26. There Is
to be a vinegar plant added to The
Dalles fruit canning establishment in !
time to take cara of the fruit juices the
coming , season. An expert, vinegar!
Hreaer win wo cmpiuycu.
f '
f Northwest Crop Weather.
i Western Oregon and western Wash
ington 'air tonignt, with, light frost.
Thursday fair and warmer.
Eastern Oregon, eastern Washington
and northern Idaho Fair tonight,, with
frost, inuraaay iair.
Southern Idaho Fair tonight, with
frost; colder east portion, Thursday
DOUGLAS PEACHES
MIW PROMISE WELL
n 1 .
: (Special Dlipstch to Tb Teornsl.)
Rpseburv Or., March 25. The 4
prospects for a fine fruit crop la e)
the Umpqua valley la veey-food. V'e
The- warm weather of the past 4)
ftwo or three weeks has brought 4
jT the peaches and tha early pears "
p . and ; plums to - run broom. . The
s nights hare been' cool, with con- 4
la islderable frost In some sections, e
K but the fbs; has prevented any e)
ly 4amsf being- done, ao - far, and 4
k . the outlooit is very gooa ror a -
heavy crop er peaonea, .. ana 01
the earliest of the season hi L tha
.state. : Douglas county naa ai- e
.way been first In tha market
with strawberries, and this year . e)
will put her ahead in tha Una of ;d
other frpItaX . ,,.,'.... 4
wool rmcES -
GOING LOW
Values in East Are "Down.
Manufacturing Trade is
Very Quiet.
The shearing of a few mutton sheet
Is reported In the Yakima and Willam
ette valleys, and this wool Js betas, sold
hers at lower figures' than a year ago.
However, the wool market Is not yet
established this season, but the general
jra'WtfS&V ".arVgo " ""H
parea wun moss w t year . I
expectation of the trade is mat ma
It is generally understood that buyers
will grade wool more closely this year
because of the smaller demand mat ia
now aooarent. Theodore uernneim 01
Rernhalm s Co at thia city. Who re
cently returned from a trip to Boston
and other eastern markets, , saya that
conditions In the manufacturing lines
are very dull, and tnat oniy a aman per
"The
cen( or in. m&ue lv iun.
I, ,h... ha uvl "a
"are
run-
IIMJVIIIJ U, 3 .
ntn ahnrt time." .
Mr. Bernhelm calls the attention of
the wooltnento ths bad effects of the
nse of sisal or binuer iwmevDy wooi-
men as follows: . '
Xnok Pamags Sesvlts,
Thr haa keen such an Increase In
tha uaa of sisal or binder twine by the
farmers Iq tylna: their wool that some
thins; must be done to stop it The
loose fiber from the twine clings to the
wool through all tn processes of manu
facture, and causes Imperfect goods
with loss In- consequence. It Is not suf
ficient to remove the binder twine, the
damage has been done and wool should
not be received that has been tied In
this way. Our agents have been In
structed to refuse it.
"Another abuse Is the excessive use
of twine. Two moderate sited strings
each way are enougn Tor any rieece. in
some sections farmers have lately been
buying a very heavy, coarse twine,
which Is practically rope, and have been
trying to mane money tv tne amount
put on the fleece. Wool from Aus
tralia and South America, when tied at
all. la bound with one strand of small
twine each way. Our domestic fleeces
done ud with yards of rope or binder
twine suffer In competition. So serious
In this matter that all manufacturer
comolaln of It. and several refuse to
use domestic fleeces.
"Tn Inalst on reform In these mat
ters Is no hardship to the grower. The
imn of binder twine Is slrnnlv careless
ness on his part. The loading- on of
strlna- is a crime that the trade ts prac
tically responsible for. If these mat
ters are brourht to the attention of the
farmer we feel sure he will help correct
the abuses that have crept Into the busi
ness during the recent years of pros
perity." The Boston Commercial Bulletin says
of the situation in territory wools:
' Business Sard to Oct.
"It is estimated that about 1.000,000
pounds of clothing wools have changed
hands, largely Utah, but including a
fair amount of Idaho. Montana and oth
er kinds.' The demand Is far from ac
tive, and a good deal of the business
waa negotiated under eresaure. though
there if less rjf this feature than for
merly.. A sale of E0O.000 pounds fine
and fine medium, largely Utah wool, is
reported at.lSc. The shrinkage is put
at 68 per cent, and the scoured cost at
about file
"Other sales were J 4,000 pounds fine
medium, Montana at isftc. to cost &ihc
clean, and 100,000 pounds fine on the
basis of 5&c. There have also been
transfers of about 250.000 pounds fine
and fine medium on the scoured basts
of SB to SSc. and other sales of fine on
the basis of 65 to 57c and of fine me
dium at 62 to 63c.
The market still favors buyers on
clothing wools, especially the less de
sirable kinds,. Strictly staple Is closely
cleaned up, and Is mora or less nominal.
"Of Oregon wool there Is not much
grease wool left on the market, and
what small lots are here attract little
attention from manufacturers. Kven
staple eastern, of which there Is a little
left Is hard to sell. Valley wools are
sold out and scoured descriptions nearly
so.
OREGON OrilOriS STIFF
AT U IN THE SOUTH
San Francisco, March 25. Wheat
Ko. l California, club, per cental, 31.57V4
01.65; white milling club. 31.62
1.67V4: white Australian. Il.70ffll.72V4 :
northern blueBtem. 31.62 V4 1.67 V4
northern club, 11.67 1.62 Vk; inferior
graaes oi wneat, 81.26 0 1.60.
Barley No. 1 feed. 11.36 ffi 1.40. with
some fancy at tl.38: common to fair.
31.27 4 01.324: brawinr. at San Fran
cisco, 1.401.4S; brewing and ship
ping, air Port . Casta, tl. 401. 45: chev
alier, 31.6601.I6. according to quality.
nutter DTesn caiiiornia, extras, zsc;
firsts, 22c; seconds, tOttc; fresh pack
ing stock No1, l,, I8Ho; No. t. 18c
ggS-r-Extras. 16n nee dosen: firsts.
17c; seconds, 16Hc; thirds, 14V4c; dir
ties No. 1, 14Hc; dirties No. 2, 14c.
Cheese New. California flats, fancy,
12a DOund: firsts . UUf- aei-nndn inn:
California Young America, fancy, 14c;
firsts, 12c; storage, eastern, fancy. New
York, 174c; Oregon, 18c.
Potatoes Lomppcs, 11.281.30 per
Cental: Oresron Riirhanka ARriftjl1 00:
river whites, fancy. 5076c; early rose,
31.25(91.35; river reds, $1.36 1.40; sweet
potatoes. So pef pound; new potatoes,
2 Vic and 8c per pound.
Onions Oregon veiiow. Hon fiat:
eastern, f 3.78 4.00.,
fflp,b1,:.cno,0. $i.752."00: standards,
1.601.76; tangerines, $1.7502.00.
ARE
SLIGHTLY ADVANCED
San Vranclav. w.w-h k T
'flight's closing prices:
OOLDFIELD DISTRICT.
Sandstorm S rtnA Tnn r, n.Si r.
lUmbia Mt. SIC. Jumhn Rrt. S3n flltver
Pick 26c Black Butte Ext. 2c, Atlanta
28a. Great Rfnt - rinr.nn. ti. o-
P'ttni- ?-Jk.Cpne. 16c, Comb. Fraction
67o. Red Hill 34c, tou Dillon 4c, Goldf.
Cons. 35.07.
TONOPAH DISTRICT.
Ton. Nevada IK ok
I rXS Mac.Namara 45c, Ton. Belmont
$1.07. Ton. North Star lie, Jim Butler
.: a r k uiuiiiaim.
a ; SCATTERED DISTRICTS,
Nevada Hilla H 9 ' Tit.K,, en.,..
Exports of V?heaL " ,
NSw YorTt. March SSrviii. 1 nt.
IkT fu v i ! .75! w,tn eoruary
wwr ,iii,(ig Dusneis or Wheat
wvre eiuuriBG irom inn iTnit . b
This 'does' not 'include s'siis Ata . k.i.
of flour, making nearly 45,000,000 buhh
ii,iDwr mi o auaca to tne total, . or
This does not Include. 1,722,880 bushels
pr rye espied, in tha same period.
Chicago Cash Barter." '
ChlCfflCO. March.' S. ronh ' ttarlav
NEVADA
SHARES
peace rus
III WALL STREET
President's Message Is Fa
vorablc to Corporations
. and Stocks Eise.
New York. March J Wail street has
anticipated the president's message to a
nicety, as the lata advances la various
securities amply testify. However, ths
message as regards combinations of
various Industries Is even more favor
able than had been expected, and this In
iS&JffiStoYJrt&
w.,. .,,kn Th M.,v.t
opened somewhat mixed; some -securities
being a fraction higher, while oth
ers were not quite able to Teach the
height of yesterday's final figures. The
late trading was full of strength and
general advances over tha morning trade
are noiea. .
That financiers ara not afraid of the
situation is likewise shown in a con
tlnuance of the very easy money condl
tlons: call loans ruling today at former
figures oetween i ana a per cent.
tange py uowning-iiopitins company:
DHC1UPTION.
AmaL
Copper. .
Sugar
CoL p. A
I
Brooklyn .....
People's Gas...
U. H. Steel, c.
U. S. dteel. p..
Atchison
Bait St Ohio...
Can. Pacific ...
Erie
Louis. & Nash..
Mo. Pacific ...
Penn
Reading
Kock island ' . . ,
Southern Pac. .,
St Paul ,
Union Pac
Am. Smelter . .
N. Y. Cent ....
Northern Pac. .
Anaconda ,
Great Northern
Southern Ry. .
Ches. St Ohio . ,
Wabash pfd ..
Smelter pfd
Am. Loco ,
Fed. Smelting ..
Cent, Leather .
Norfolk
Ontario ,
R. I. pfd
Am. woolens . .
Soo com
Total sales, 801,900 shares.
Money High. 2 per cent: low. IK
per cent; cloae, 2 per oent '
SPOKANE MINING EXCHANGE.
(Furnished by Downlng-Hopklns Co.,
meuir opoaans nixcnange.l
Spokane, March 26. Official prices:
i 10 .16
Alameda .-. 6 7
Alhambra 4 ...
Alberta Coal & Coke 15 30
.
4
. 15
4
. 6
4
: JS
Vo
. 2
. 1
Am n. (jommander
Bell
Bullion
6
20
Chas. Dickens
Can. Cons Smelter.
Copper King
Dominion
Copper .
Evolution
3
2
28
4tt
Echo
Qalbraith Coal
Gertie 4
Oranby Smelter 86
Hecla 100
350
7
6
76
23
13
2
a
Happy Dav 4
Humming Bird 7
Hypotheek 1
Idaho Otant Ki
Internafl. C. & C 69
Lucky Calumet 16
Missoula Copper t
Mineral Farm
Moonlight 8
Nabob 8
Nine Mile
O. IC Cons lU
Oom Paul 6V4
Panhandle Smelter 6
Park Conner 1 it
Reindeer 24
Rex (16 to 1) 13V4
Sonora 2
Snowshoe I04i
Snowatorm ;...188
Sullivan 1
Sullivan Bonds
8tewart 78
Wonder . . 1 04
Todays sales 1.000 Conner
8c; 1.000 Copper Klnsr 4c; 3.000 Cop
per jving, me; b.uoo annandie, 6c
Metallne and Idaho Stocks.
Mammoth. Morning and Amnrimn
Lead stocks are the nest buys on the
market. See us for full particulars
niiu ciubcbi insjae nnces.
THE L. Y. KEADY INVESTMENT CO.
a f-s cnamoer of Commerce.
BOSTON COPPER MARKET.
(Furnished by Overbeck A Cooke Co.)
Boston, marcn zs orncial prices:
Adventure
25&
Tamarack ..681
Alloues ....
Winona . . .
Glroux
Old. Dom...
Shannon . . .
Victoria . . .
Butte Coala.
Cal & Hecla
642
1014
65tf
8
Atlantto . . .
Cop Range .
Daly West
Dom. Cod. .
2
C Ely 9
'United
uoid Hill ...
Oreene
Trlnitv
Parrot 19
Michigan
Mohawk . . .
Nlpplsslng
lennessee
No. Butte ..
Nevada Cons.
Bingham . . .
55 I Ely. Cons
13 I Osceola . .
90 AIQulncy . .
CHICAqO WHEAT IS DOWN.
Liverpool Leads With an Advance of
fid for May Optidn.
CHICAGO WHEAT MARKET.
Open. Close. Mch. 24. Loss.
May 6 H 4i 96H
July 89 S9M 89
Chicago, March 25. Even though
Liverpool started strong and ended with
an advance of & for May wheat, the
Chicago market was weak except at the
siari, xne marKet openen here un.
changed from yesterday and advanced
anout c early, it lost all or this soon
after and closed with a net decline of
RsjigebyDownlng-HopklnsOmpany:
WHEAT.
Open. High.
May 95 M, 96 5l
Low.
Close.
94 H
89
4i
s2
July 89 90 H
CORN.
May , f 7)4 67
July.' . U 64
. OATS.
May ....... 63H .-t 63ft
Julyj...,. 46 ! ....
viU MESS PORK,
May 1250 1260
July ,,1290 . 1290
66'
64
62
ss
:
.1243
1280
1347
1385
Liverpool tiliet Market. .
Liverpool. March 25. Mav wheat
opened at a llttd, closed at 6s 11 Hd. a I
an ma.ia,vi. over yesteraay.
Cargoes Are Steadier.,
London.' March 11 Carvnea mtmAtr
Walla 'Walla prompt shipment' at 36s
a to ss. uaiuorni prompt- snipment
f t 86s to 86s 2d. Ens-llsh countrr mar. I
kets auiet but steady. , Krench countrvl
9 3 f A
I 5 ? IS
TT o etH ij4
22 21 22(2 U
il it 4i 47
0 60S t0
18 26 SH
100 9!4
74$ H 74H 1t
ta HM S2tt 3H
160H 150V 14 160U
1H 1 lH lH
100 101 100 100
40 41 40 40
117 117 114 117H
106 10 104 10
li 16 16 164
73 11 74 75
112 120 118 118
126 128 126 127
72 74 72 74
8 9 98 99
127 128 126 128
28 40 38 39
123 124 122 124
14 16 14 16
22 22 31 22
17 17
96 98 16 97
42 47
. 78
1 19
4 64
34 82
27 26
19 20
106 107 106 107
3V4
4
16
133
194
1
6750
90
3
Kin
HA
.
' When Such Firms as Armour & Co. and
Swift & Co. Buy Oregon Eggs It Is Goooy
Evidence That They Are Good as Any.
L TRADING IS
RULE Jfl LIVESTOCK
PORTLAND LIVESTOCK RUN'.
-t Hogs. Cattle. Sheen
Today- 75 28 23
1907 175 26 40
1906 116 210 !
1206 ............... 70 (6
Portland Union Stockyards. MVrch 26.
Tha livestock market continues to
how nominal trading because of the
very cant arrivals in all lines. All
prlcea are holding firm In consequence.
Ayear ago today hogs lost 25c; other
lines were firm Due unchanged in prlco.
UfflciaL yard values:
Hogs Best stuff. 36.505.60: stock-
ers and China fats, 25.26; block, 85.25.
Cattle Best eastern Oregon Iteers,
f4.60O4.76; medium, J4.26fi4.35; best
cows s-d neirers, is. 764.oo; medium
cows, t3.26fy.60; bulla, 32.25iA2.60.
Biieep Best wetners, i6.Y6iw.oo;
mbs. $. 2546.60; ewes, t5.00fi5.60:
mued. I6.BUO6.60
HOGS STRONG IN EAST.
Chicago. March IS. Hogs. 21.000:
cattle, 17,000; sheep, 14,000.
Hogs are, strong, uezi over yester
day, 4,900; mixed, (4.86(85.16; good and
heavy, f5.05&6.16; rough and heavy,
I4.V5W4.90; llgnt, If.SWD.lZft.
cattle tfteaoy.
Sheep Strong.
Kansas City. March 26. Hogs. 10.000:
cattle, 6,600; sheep, 7.000.
Omaha. March 25. Hogs. 7,000: cat
tle, 4,200; sheep, 10,000.
WOOL OP FINE GROWTH.
Finer Quality Shown Thin Season.
Some Expect Low Prices.
(BlweUI Dlnpttcfa ta The Joornal.)
Pendleton. Or.. March 26. Woolbuy-
ers are coming into esstern Oregon, and
the 1908 season will soon be on. Ac-
fOf.ll
FAR FINANCE
To Every Man and Woman With Saving's:
Up to four years ago the people of America invested their savings in Wall street or in stocks created in, or
controlled by Wall street. They bought what the captains of finance told them to buy. They were not equipped
to know the worth of what they bought. The result: The people annually brought to Wall street millions of
their savings and left them there. A further result: A few score of men became possessed of fabulous wealth.
During the past four years the people have been taught "Finance," they withdrew their savings from Wall
street. A result: Wall street had the stocks, the people the money. A further result: A deadlock between
Wall street and the people. This deadlock benefited no one if continued, it meant death to Wall street, dis
aster to the people. That this deadlock would be broken was inevitable.
Wall street has tried its every expedient to bring back the people with their millions of savings. Tne people
would not come.
At the beginning of the tussle between Wall street and the people, I predicted the outcome that Wall street
would be compelled to guarantee the people a square deal for the future.
After every effort had been exhausted to bring the savings of the people Into the stocks of the prosperous
industries of the people and after a violent panic had resulted, because the people refused to further entrust their
savings to Wall street until it reformed its methods of dealing with the people, some of the great captains of
finance asked my advice and, upon receiving it, my cooperation.
I said to the captains of finance: "The people have been educated to the old game. They will not again,
blindfolded, send their hard-earned savings into your market place. If the people will not buy their flour, their
sugar or their woolens without first being shown they contain no chalk, no sand, no shoddy, why should they
buy' grossly adulterated stocks or good stocks at grossly manipulated prices? They have awakened to the fact
that they have been buying stocks, the purity and legitimacy of the price of, which should be of far greater im
port to them than the quality of their food and clothing, without any real knowledge of their construction and
Consequently of their worth.
.
The answer was: "Times have changed. We recognize the change. Wall street must have the people's
piled-up savings; Wall street has good goods to give the people in exchange for their savings.
"If we cannot trade with the people upon our terras, we must upon theirs.
"How can we get to them with our goods in a way which will convince them it Is safe, best for themselves to
trade?"
My answer was: "Publicity; there is no reason why the old-fashioned horse sense methods by which people
do all their other business should not be applied to their investments and speculations. From now on display your
stocks to them as the merchants do their soaps, shoes and clothing. Tell them what they are, tell them honestly.
Submit testers for your statements and give them a square deal."
Then I agreed to act as salesman, but upon my terms, which were that I be first actually shown the value
of the goods to be offered, and in a way that would enable me to prove the values to the people, so that they, too,
could actually know them.
My condition that I be allowed to "paw over" the goods of "the street" was conceded, and I quickly found
enough rare good ones for a test. I thereupon asked that the public be given such bargains on the first selected .
lots that the people would fall over themselves to buy when they were offered. The result:
minions ot copper, inira Hundreds ol millions ot (.10 be named later;.
Of offers two and three I will not now treat, that is, not until after first has been presented and bought
"Fair Finance 3." Tomorrow will treat in detail of gold. I will touch upon it here, with the following per
haps unusual statement: "Men and corporations of great wealth and business responsibility have been induced
to contribute 20 per cent of one of their most important investments to the public at 50 per cent of its actual
sure worth, or 25 per cent of its perhaps worth, for the purpose of proving to the public, in an unmistakable way,
that from now on the people are to get a square deal in American finance.
"That this offer is a most extraordinary one, and possibly only because of the remarkable conditions which
surround finance at this time, can be seen in the light of the following:
"In 38 active years in finance,. I have never known of an investment which combined safety government bond
safety with unusual dividends or unusual profits."
In that time I have neer known of any investment where large dividends were combined with sufficient safety
to justify an honest' man, who really knew finance, in advising, say a woman of ordinary means, to exchange her
government bonds or savings bank deposits for it.
In that time I have never known a sure, safe investment stock which could be bought at even 60 per cent ol
In this gold case,
will be offered.
This remarkable investment, which is to be offered to. the people, is really free from any hazard. It could
have been sold at any time during the past two years, and can be sold now, to Wall street itself at much more
than the price at which it is to be Offered to the public. It is as safe as any investment can be. It represents, one
of the greatest successes of its present owners, who are in the very front rank of the world's greatest captains of
--.industry.--- ' A--'-- - - -- - ; -
The enterprise represents an expenditure of probably the largest amount of capital, $12,000,000, and time,
three years, and successful effort ever expended by one group of great capitalists before allowing- the' tmblie ta -participate.
. . -; , f ,
It has been impossible until these owners consented to this offer to the public, for any one, public or capitalists!,
to .secure any direct share in the property. The other four fifths of the property, amounting to $14,000,000 which
is retained by the owners, cannot be bought, even now, by the public or any one at even double the price at which
the public are allowed to come in on this one fifth. ...... Z h '
' . In other words, in my chapter tomorrow, J will demonstrate absolutely: thaf this" : remarkable offer is feall
what it appears upon its face ta be. An opportunity for the people to accumulate millions, and that this oooortuniti
is given to them solely for the purpose of most successfully inaugurating a new system of finaact ' -
' Boston, -March 25,
-J.
cording to the buvers now In the field
the market will be. weak. The sheep
men, nowever. are very optimistic, snq
while they anticipate lower prices than
last aeaaon, tney xeei tneir clips win
sell well. Th open winter and the gen
erally favorable conditions have caused
Morrow and umatiiia county wool to Da
of better quality than last year.
The eradication or fcao in mis sec
tion will work to the benefit of sheep
men, and this, together with the fact
that the wool clip promises to be heavy,
will doubtless offset any decline there
may be In the price, - -
Throughout the country the lambing
season is now well under way and the
conditions so far are said to hava been
ideal.
FEEDINO IN THE OPEN.
Stocks Hare Been Turned Oat to
Graze Spring Work Active.
(Special Mspatea to The JooraaL)
Stiver Lake, Or., March IE. Farmers
are now all vary busy putting In spring
crops. The stock ranges of this section
IM In In .AHIHim mwA 1 U .. .
been turned on the desert In large num-
ocra miring mi psst inree weens. They
seem to be thriving on the feed.
Deer have been scarce ths past sea
son nrnhlhttf n. trm InstrAaalna.
tlement of their favorite winter feeding
1UUIIUI.
Ducka. a-eeaa an1 iwm ara n1r,il,.l
on the marshss near town.
BIG OPERATORS ARE
BUYING OUR EGGS
Tacoma Wheat Market.
Tscoma, March 25. Wheat Export,
club. 82c; blueatem. 82c; red, 80c. ,
There will be offered to the investors of America and
AH the above heretofore unmet-with
1?08.
PRESS AGENT AT
isjiypi
Captain of State Police Saja
Holdup Was Boom for
Goodwin Mines.
(UnlUd Vrm L.a Wire.)
Reno, Nev., March 25. "A plain fake
and an. attempt to work a theatrical
press agent trick to boost a mining
proposition," la the way Captain Cox of
the Nevada aula police characterized
the reported holdup and robbery of a
mining promoter near Rawhide last
week, when 847,000 in gold waa aatd to
have been taken from him.
The state police and deputy sheriffs
have been seeking the robbers for sev
eral days without getting a clue. Todav
they gave up in disgust and declared
that the entire atory had been Invented
hy the promoters of the Nat C. Goodwin
company to advertise the coalition of
their Kawhide mining properties.
Platforms to Be Large.
AH csra to be purchased In the future
by the Portland Railway, Light A Power
company are to have large and spacious
platforms on the two ends. This Is to
be done ao that If It Is ever decided to
install the pay-as-yoa-enter system In
Portlsnd all that will be required will
be to equip the platforms with tha nec
essary ratlings and devices.
Northwest Bank Statement.
PORTLAND.
Clearings today....
.,.$1,150,292.99
... 1.161,298.81
66.699.97
172,818.61
Year ago
Balances
today. .
Year ago.
SEATTLE.
Clearings
Balances
Clearings
Balances
.11,331,038
118.086
..1562.666
.. 93,193
TACOMA.
San Francisco Grain Market.
Ssn Francisco. March 26. Mav wheat
closed at 3137 bid and $ 1.68 V asked.
December barley closed st 81.11 Der
cental
Europe: First rMillions of gold.
conditions surround and control the
roo.2
THOMAS W. LAWSON
!
Mrs. Steunenbergrr i Is ; Ex
pected to feign for Sen
tence Commutation. '
i ' , eWssssssjBsnsasBsssjgsg i jsV , '15-: "
Boise. Ids., March 25. Mra. Frank
Bteunenberg, widow of Idaho's assassin- ;
ated governor, will alga ' tha petition
wniun wilt oircviMfv 'in v.iu.h
asking ths state board of pardons to
commute the sentenoe of Harry Qrch
tha Rtnun.nhAr. tnllriiar It la under
stood that a brother of the dead gover
nor end other members of the Bteunen -berg
family will alao sign the petition.
The circulation of tha petition Will
begin this week and It will be very,
numerously signed. The claim Is made
that 90 per cent of the voters of Cald
well will affix their names to It.
The decision to present taa pennon
to the state pardon board waa reached .
after It was learned that members of
the board desired to know the eontlment -of
the people of Canyon county before
acting on Judge Wood s recommendation '
for clemency, made when ha pronounoed !
the death sentence a week ago today.
CHAMBER COLLECTS -BOOM
LITERATURE
eWSBBaWaMgMBSBaBSw V V '.-;' '
The Portland chamber of commeroe ,
is trying to sscura a complete stock of.
literature from the various town and
countlea of ths state that wish to hava
their resources exploited In tha east.
Secretary Olltner yesterday wrote 70
letters to commercial organisations and
mayors of cities, asking that they send
supplies to the Portland organisation. ,
Literature has been received from
Eugene, Dayton, Salem, Med ford and
Columbia oounty. There la still a large
number of places In the state that could ,
oroflt bv being represented on tha liter
ature tables of the Portland chamber. .
where many visitors) call every week to
secure Information. The chamber also
receives Inauirles by mall that could be .
answered by forwarding the literature
of the county Inquired about by tha
homeaeeker. '
inciiti'sniooi:
mm nnnvnrnnv
fctfILL riUll IiiLUUI
Second Scores of
investment which!
:'.f'.,ijii
l
closed 70S 30. . . 1