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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Feb. 6, 1910)
2 V THE OREGON SUNDAY JOURNAL, PORTLAND. SUNDAY MORNING, FEBRUARY 6, 1910. 1' ALL STREET IS TO BE REFORMED HHEHKJVr Stock A Exchange' Governors ' Awaken fo Fact That Public Sentiment Is Strong Agains ; Existing Operating Methods lrtmm LmH Wl!.I Naw Yotk, Feb. . Wall street 1-to , be reformed. That has he en determined by the board of governors of tha Stock kvrhnnc; by tha conaervatlve banking Interests, who suffer whenever thero la a financial flurry" on tha street; ana alna and with a surer certainty tin there will be real action by Governor Jlugh;e and the members of the alate legtlHtur.; This is entirely due to the remit disclosure in connection with the roilapae of "rorner" lb Bock Islsnd. . for which-. firm of brokers were sus pended, but not deprived of the right to continue business Just as they pleased, and by the smaah of tha Hocking pool, which carried down with It three big firms. . 'Kvery exchange In 'New fork Is to fee the curb, but the one moat affected will be tha massive structure carried on the boot of tha as manors of Naw York Hy aa -No. II Broad Street," but Which M known from Maine to California as "The Exchange." . The open nianlpulatlon -of values by cleverly organised pools, whereby the Insiders get in at the lowest mark and ,'the public la eooied In at tha. high 'water figure, has so aroused public sen tlment thst tha board of governors of the exchange, feeling that draatlc legis lation will follow if they fall to act 1'irmiptly, has decided to suggest certain Reform legislation to tha authorities at Albany. . . - The present laws affecting specula 'Hon sra loosely constructed. It Is a .joke on the "street" that a clever law ;)r can drive a team of horses through 'any of. them. For Instance there ia an ; anti-bucket shop law on the statute books. It was forced through the legis lature by public sentiment cleverly aid ;d by moat-oX.' tha big stock exchange firms who aw in it a plan1 to add to their bualnesa from the bucket shop ;,llent. One of the firms thst, took a 'fading part in having the bill passed, a jvrry old and supposedly Very conserva tive firm, whose head. Is quoted freely .whenever there is a financial flurry as io the cause and the remedy, Is notori ous for the manner in -which all of Its 'outside Orders are bucketed. And today 'there Is hardly a city Jn tho stste imhere there are not naif a doxen bucket .-hops all doing business .as I he 'Yepre ;sfntatlve" of flrma-that Ho (tutnea on the Philadelphia Xor ritCsWfg x--changeo. . V- "Xf " j ; Hughes la Sympathy. . - 4 So If new laws are to be made it mar necessary to have the men who havo Ithe Interest of the exchange' at heart 1 take, a ' hand . In", having them enforced, ilir-cause of tlfrejuent conferences f he off Hal are being held, and it it 'openly atatedVthat Governor Hughea is rfympathy wirh the movement, and itiiat he has promised to help all he can Hy having the legislature paas only such haws, ss the. officials -finally decide are V The proposed laws will, It is under stood, so curb buying and selling on margins as to make it impossible for outsiders to buy into a stock with a ,' niargln of less than S point and spread tneir money around so thin' tuat a Tew thousands will carry an enormous sec- ITALIAN: AMATLURS TO PERFORM fflllDEIiEll IS :V'-::.'--vtt:-..v-v:-?- NOV A SUICIDE . bf , H f X$lir7- Shoots Man, Then Barricades " " Vf .'. rvv t Door and Defies Officers 'Wi.$f' - .. f'tr irK3 Many Hours.;-.;;: K ! . ' ; V him. he stopped the officer SO feet from tha door, gun in hand, and said: "If you have got any one down town you don't like, send them up here to arrest ma and I'llvput holea In them," A poaae was at once summoned and its members established themsnlves In the windows of houses overlooking tha McDonald home. The Vlttorls Alfure, dlllettante dTam- matlcl (amateur dm ma tie company), will present the "Two Sergeants." and Tha Secret of tho Wilderness," at the JlMTflfi hall. Fourth tnd Mill streets, Februsry g. j 7 and i. The company hss been thoroughly rehearsed and members ahould give a good account of ORCHARDS LINE READY mARGH First Interurban Electric Road v . in Clarke County Near : Ing Completion. illGii WORRIES AUSTRIAN RULER ..-4 I. urk alon of stock. Thia latter method has fauscd many big flurries "'recently, and it is proposed to limit speculation of 'this sort by compelling the posting of a l'O per cent margin to carry all transac tions. It will b made mandatory for banks and brokerage firms in valuing securi ties for the purpose of margins or col 'latersl to take their average price dur ing, the past three months instead of the marked Quotations'. ' This will, It Is ' claimed, prevent pyramjdjng. ', But the big' reform 7 will be 'tho at tempt to make the exchange a responst ' hie body by forcing it to Incorporate, over this question there will be waged .one of the hardest fights ever fought by ;the stock, exchange. Sentiment as to the wisdom of this move is badly dl--vlded, and after the law providing for ; it is. introduced In the state legislature, now sitting, there are likely to be exten sive -hearings at which arguments on TFibiheldes wrTT be-irrvenld tbe public. By this means It is likely that exchange !ftcrets will be disclosed and the.; real reason for the failure of tha governors to punish specific violations of the rules may be disclosed. . Advocates of Incor poration declare It would absolutely ' (Special DUpitr to Tks JosrstLt Vancouver. . Waeh.. Feb. S. The sub- n railway running irom Mancortae to Orchards, a distance of orr frrues? is expected will be open to traffic by March U - .... - - -' s From tho car barns, the terminus of the Main street line, the track is now laid to Burnt Bridge creek, across tha new bridge and east laroua. tho Folk property, known as Jaggy road, which is about half way to Orchards.- Tho polos are up to a short distance beyond the brtdae and the wires aro strung and con struction cars ore takrng out- to tho and of tho Una ties, rails and all .other ma terial needed in the construction of the raNroad. ' Tha line to Orchards Is tha first piece of suburban electric railroad to bo built In Clarke county, all the rest of tho electric system of tho. Vancouver Trac tion company being within - the city limits. In view, of-this being tho be ginning of the construction of olectrlo railways throughout tho coiinty there will be a big celebration on the occasion of ths opening of tho extension to Or chards - ? '- Activities of the Kossuthites Cause Emperor Francis Joseph Grave Concern. remedv present conditions, and compel tho officials to transact business as it should be, on an open and bona fide acals. while others claim the only ef fect of. Incorporation would be to make the directors personally liable U" mem bers violate tho laws. There is a feel ing st present that a majority of th members of the state legislature be lieved the exchange should be compelled to Incorporate so that the ' legislative fight In tho matter will be Interesting. . More Building at Pasco,' . ' Siwh1.I DkiMtefa to Tba fcmraal.t Pasco. Wash.. Feb. 6. - Excavating has oommenced for two handsome brick business blocks In Pasco. One of these is the building to be erected by the White River lumber company, tho other is the Klino building. EsH of these buildings is to no a mouwn diock, equipped with all modern igptrvenlences. Will Plow by Steanu -Stanfield. Or.. Feb. ,5. M. A. 'Mills has ordered a 70 horsepower traction engine which ho wilfciiee-in.farming his large ranch., f ' ' SUIT TO ORDER $24.85 National Tailoring Company Bl sttark Stroot, BotwooA 4tk and gut. To make room for large shipment' of wring patterns wo offer -ou entire line f fall and winter woolens; values to 40, for II4.S8. . . " ; 1 - r ' 1. '!!! -IL-J U'l J-LJ Cash and Prizes Offered for Solving; Rebuses A N OPPORTUNITY to earn easy money i$ offered on f Pagfe 12, Section 4, of today's issue of The Journal. Sev eral ' advertisements of responsible Portland business houses are presented on Page 12, Section 4. With each adver tisement, is an engraving . representing a city or state in the United States. ' - " The Journal;offers cash prizes for the solving of these re buses, ns do some of the firms whose ads are displayed. If you are successful in guessing the entire list and your answer is judged to be one of the neatest and most attractive, The Journal will present you with a cash prize according to the merit of the answer. ' The prizes will be awarded according to the neatness and attractiveness of the list All. that is required of readers of The Journal is to solve the rebuses and send them to the. Rebus ? Editor, The Journal, but do not neglect to use pains in making v up your list of answers. . . ' . To the person sending in a complete and correct list in the neatest and most attractive manner $25 in cash will be given; or, if no complete correct list is received, the person having the most attractive list with the largest number of cor ; rect answers will be awarded the prize. . In like manner a second prize of $10 will be given, to, the third $3, and to the next ten $1 each. ' The various firms represented also offer prizes amounting to $00 in the aggre- gate for individual repiies'sent direct to them regarding their ."' own rebus. ' , ' - , , , " - The rules of the contest are printed next to the rebus, on rage 12. Section 4. The contest closes at noon, Friday, Feb-" ruarv 1.1. . . By Emll Andrassy. kPullllllJei PrM Ud Wlr. ana, rsfc . I.The Hungarian' H- uaviuii i giving xne agea emperor mucn concern. The situation In Hungary is peculiar. The party lead by, Kossuth, son of tho famous patriot really holds the balance of power In tho Hungarian diet and can upset governments at will. As a matter of fact it does upset them. Tho Kossuthites may be likened to the Irish Nationalists In England. They have one dominating idea, the breaking away absolutely, from the Austrian al liance) and the setting up of an Inde pendent Hungarian government, a re- pubUe .by.pref etenre, s. kingdom with a Hungarian-king if necessary. it is of course out of tho question to Interest a party holding these funda mental views with the government, and It seems equally impossible to form a government which Is not at the mercy of Kossuth and his allies. The situation Is regarded by Austrian statesmen as rapidly reaching the in tolerable -stage and ytt;,to medj M seenis impossible. , That an effort will be made to dls solve the union- between Hungary and Austria seems to be a certainty In the not distant future. . Xomsaoe. A romantic love affair, terminating In a, runaway. match, haa created a aen satlon. d'Ptpmaticclrclea In Bofla and Vienna. The Bulgarian Prime Minis ter Dimltrij Fetkoff, who was assagai nated three years ago In 8ofla left a widow and a daughter. The latter is not only widely known for her boauty, but Is tho heiress to a fortune of some 1200.000. Under., these circumstances It will be readily understood that suit ors were not wanting. Frau Petkoff, however, refused all offers on behalf of her daughter, as she had already prom ised her in marriage to a young dentist. . Tho young lady had, however, quite different plans. She had met -the sec retary "of the Bulgarian ministry at Home, Dr. Kawaroff, some time before. They had become mutually attached. and finally betrothed. This was done without tho knowledge or consent of the mother or other relations. Mean wnlle Frau , Petkoff continued to make arrangements for the speedy marriage or ner aaugcter witn the young dentist. All was compute, and the wedding was to have taknn place,, when the. young 1 ady-wrote - to I?r. Kawaroff in Home.- Bho begged him to come to her rescue. He started .for Sofia by the next train, Tho young pair arranged to Join an ex curslon into tho country planned by friends.. The mother, suspecting noth ing, remained behind in the capital. On arriving at a village they entered the church and were speedily . married Borne of their friends 1 acted as wit nesses. They then hastened to tne sta tlon and-i took- the express train for Nice; On arriving at the frontier, they dispatched a message to the mother, asking her to forgive them, and to par don the step that they had taken. ';' ' -V:-'"' A Odd X.ogay. I''' An elderly spinster, who died here recently, left her fortune about 50,000 poundS--to bo divided between her threo nephews, now aged 34, 27 and 29, and her three nieces, aged i, at ana ,-xe, in equal parts, on the following, condi The six nephews and nieces must all live In the house formerly inhabited by their aunt, with tho executor, a lawyer, whose business it will be to see that the conditions of the will aro strictly observed. None of the nephews is tp marry before reaching his fortieth year, nor " the nieces Derore tneir miruein, under penalty that the share of the one s. marrying wui oe oiviaea among me others. ' ? . . : Further. he six legatees are admort lhed never to . quarrel - among mem selves. If one should do so persist entlv. the executor tls empowered to turn him or her out of tho house and divide the share as in the case of mar ri. The xecutor is himself forbid den to marry or to reside eisewnjre than in tho house with the legatees aa ir.nr as lie holds his office to. whicJi a handsome rernuneration is attacneu. . School District Oat of Debt. (Bpeelal nuimtch to The ioarsaLI - Wallace. Idaho. Keb. 6. Tho Wal lace school district has Just paid off its last dollar of Indebtedness. With splen did buildings and equipment, the dis trict "Is in excellent financial condition. Tho development has been made entirely since Hit. .'. ''?::'$. ? -.vV.'t:' Wenatchee' High School. -i, (Bpwlal.'OItMtch to Tb looraal.) j f Wonatchee, Wash., Keb, S. Wenat- chee"s nw high school building IS' ready for tho formal opening. 'The building has been under construction for. the themsnlvea. The stage 1 settings , are Dew and tho costumes aro, elaborate and historically correct v? ' , (PulilMiem rre LelMd'WIrr.r Walker, Minn., Feb. s, Walter Mc I)onald. who shot .Howard .Bexton Thuisday night at the Hotel Chase In this city and barricaded himself in hi home a btock away since then, defying an srmed posse, committed suicide by hooting himself this morning, : McDonald ended his life following sn sttnmpt last evening to lure friends and enemies, whom lie called upon his telephone to his hull, where It Is be lievod ho intended to make good a Vow to "get two more" before he died.. McDonald shot Kexton Thursday ovo ning because Sexton, wiirt was acting a clerk 6f the Uhaao hotoi refused to give him drink. . ( Tho clerk dropped in his tracks with two bullets through the lower lung and one In his lower jaw. . MeDona Id ran to ins noma a "block away and entering tho, house -said to his wife: Ty got tne of my enemies, and-1, think ho going to die. Draw down the curtains.'". She obeyed him and' he net to building his barricade. When Sheriff Dflury called to arrest LINE TO ABERDEEN READY MARCH 15 ' (Spedd Dlipttch io Tbe Journnl.) Aberdeen, Waah., Feb. 6. The Union Pacific tracks will bo laid t'o South Ab erdeen by March, IS, .There will be seven stations between Aberdeen, Qraya Harbor and Rochester. The work of tracklaylng, Interrupted In December on account of flood, will be resumed about rebruary 10. All of , tho material i now on the ground. --; - ... , SOCIETY VOMEfl BOVCOn UDSTE8S by Iluild Concwto RhM'k.' Ifluelil lilacfltrh ta Tt Jnarul I ' Stsnflld. Or., Feb. 6. Mrs. C, Ball and daughter and two sons who cams from Fsrgo, N. D.,- have purchased SO by 100 feat on. Co avenue, and Main street and will erect a tio.oeo rein- foroed concrete building at once. The building will bo 2b by 80 feet, with full basement, . . , " ; , i . Hotel CKooutx Opons.' ; ' (prll planateb vi Tn Journal. I Kennearlck, Wash.. Feb. 8. The Hots Koonts has opened Its doors with a ban quet, which waa attended by 100 towns, people: Tho Hotel Koonfa is a modern three story reinforced concrete build ing, provided with all the modem con veniences. It Is tha Second first class hotel for tho town of Kennewlok. , . Journal want ada bring results. Dcnver; 'Matrons ; Inspired , Meat Boycott to Make War on Milliners. v irulted l'"a tled Wirt 1 .. Denver, Fub. 6. Inspired by tho ouo "ejs of the mat strikers In forcing, the butchers to reduce their prioes,. so ciety women of Denver today declared a boycott against thslr milliners. Mrs. C. K. Orlffey and Mrs. E. I " Prentiss, society matrons, conceived, the Idea, and soon enlisted tho aid of most of the members of Denver's "ex clusive set." V"1-.w . "Thla Is just the time to strike for lower prices on millinery," declared Mrs. Griffey. Women's hair needs mora air anyway, and it is nearlng summer when we can carry sunshades in tho day ttma end go bareheaded at night. "Wt have been Imponed on ' long enough and do not propose to continue to pay 180 for hats that aro worth no more than 10." ' : , , ) ' '. j. t - ..' . , . Spring Valley Wino Co 34 1 Yam hill, 'pdrtland's leading family, liquor store : , , ,-v.'. . ., Ramemler "Vlllamead.' America's Greatest Pianiste Selects the ICimball Above AH Others for Her Per sonal and Concert Use. Forthcoming Concert Will Be tho Musical Event of the Season. The lvlmljan piano was destined to lead .from its :' inception: . Its makers : then as .-now,' were imbued with but one standard to make the world's best . piano! Steadily, year by year, its position has been strengthened. One great artist aften another found in the Kimball' the first perfect instrument to express , their art resulting in more Kimball pianos being made and sold than any other high-grade make, and gaining for itself the slogan -"The National Piano' At the Seattle Exposition last year the interna-- , tional jury of awards (the greatest body of musical experts ever assembled) bestowed on the Kimball the Grand Prix -the highest possible award.' The Kim ball was the only piano so honored . ' I 1 ...,.' S' Miss Myrtle Elvyn, the beautiful pianiste, who appears In recital at the Bungalow Theatre en Friday evening, February 11, Is proclaimed by. the greatest eastern musical critics as America s foremost pianiste. While endowed with youth and beauty, . her phenomenal success on tho ' concert stage Is due primarily to a natural talent which, through in cessant studying both here and In Ku rope since childhood, has enabled her to attain artiattc trlumpha naver before , known In the realm of mu sic, i Her talent was discovered eariv, and she was given all advantsges ponslble. She studied under Carl Wolfsohn, the musical instructor who , died recently. She also studied composition under Adolph Weidlg. Sub sequently she went to Berlin, where she received further development under tho gaidance-of Leopold Oodowsky. During her tour of Europe Miss Elvyu appeared before Kaiser Wllhelm and members of tho royal family.' Tho- German monarch was so pleased with her performance that he. publicly complimented her and presented her with a diamond brooch pendant.i . , Miss Elvyn created a profound Impression here last May, when she appeared as soloist with the Chicago Symphony Orchestra The concert . this . Friday evening promises to pe the musical and social event of the season. ,.".. - New York Boston , ' ")5ne comiwwtibn newToNew York' and a pianist who played for. the first time in this city were the features of the. concert given in the f New Theatre yesterday afternoon by the New York Sym phony Society, Mr. Walter Dam rosch conductor, The pianist, , Mim Myrtle Elvyn. played Liszt's Concerto in A. She made so exp edient , an impression . that ithe,' audience which .filled the, theatre" recalled her almost a dozen times. In the solo passages her playing was musicianly. and in the con certed -parts she held her. own against the volume of the orches tra." The Herald. ; .Pittsburg ' ', f'She also put to her credit, a brilliant perforrhance ofDebu sy' Prelude. .The interpretation of v Chopin she produced with -greatest feeling,' from the dark and melancholy to the vtilcan-, like expression full . of , fire and ,. passion." The Dispatch. "Art Amerfea'rf ""gTrl already a great artist." The Musician. ' Chicago "In the 'Childhood Scenes' of Schumahn-whlch charming work she gave in its entirety and mer its sincere thanks for reviving it . she showed fantasy, imagina tion, tenderness and an apprecia tion of the lyrical whichpromise well for the emotional and poetic; quality of her -work in -the fu turesDaily Tribune. Cincinnati ; "Myrtle Elvyn wai the pianiste of the evening, and she is the greatest musicat surprise I have encountered in many a day, ' But for technique, nervous force, and a compelling magnetism that grips1 and holds you -from first, note to, the last, Myrtle Elvyn is nothing short-vOf great." The. Enquirer. - - - SEAT SALE OPENS AT BUNGALOW THEATRE ' TUESDAY, FEBRUARY 8. Kimbail Grands and Uprights Are Sold vExciijs; flmm Mm r past six months, Jt baa. cost JJS.000.