THE' OREGON DAILY JOURNAL; , PORTLAND; ' FRIDAY EVENING, JULY 3 1914. 0 U ; if. r i: t 1 : AGRICULTURAL VORK MAY YET BE TAUGHT AT MULTNOMAH FARM School Board Members Seem in Favor of New Plan Sug ' gested, SOCIAL" CENTER FAILURE Directors leld Hot to Bnj Any More Portaolt School Hone tot Xhm District. Instead of in the', proposed agricul tural hlh school It -now seems as If the science of farming- will be prao tically, most practically, taught at the Multnomah farm. At least a majority of the school hoard felt Inclined to ward this, innovation at the board meeting- last night. Directors Sommer and Alan Welch Smith waxed most enthusiastic over the proposition which originally came as a suggestion from County Commis sioner Holman. The scheme is predi cated upon the school district or coun ty paying the fares of the didIU to and from Troutdal, where the farm is I located, la return for the service they will do in raising produce for use of the-county road gangs. Instructors will probably be provid ed at the farm in case the plan is put into operation. The theory of the pro posed farm instruction, as one director put it, Us that thes mother earth is a better place for learning farming than a four story building. Organized social center work at Ar ista school was declared a failure and ordered discontinued. This action will not halt the holding of community en tertainments there, If it Is desired, but the school board will have no of ficial connection with the work. The five cent lunch will" be retained next term, however. - It was proposed at the meeting to offer a prle of several thousand dol lars for plana which minimize the cost of constructing school buildings yet increase their fireproof qualities. No more portable schools will be "purchased. An effort will be made in stead to illl up vacant rotfms in some schools by taking pupils away from crowded schools through the expedi ent ""of changing boundaries of the school districts. In accord with this system of boun dary changing it is probable that classes for the deaf and defectives as well as the blind will all be housed in one school, the Allen, although there Is -some talk of abolishing the blind school. The deaf are now at the Buck man school, the defectives at the Allen ,and the blind at the school" of trades. The board adopted a resolution de nying newspapers access to fifes, whloii contain lists of school employes and students who are injured about school property. 1 . i PERSONAL MENTION Things Are Changed Now. Way back In those days when Port land was nothing more than a lustv Infant Frederick Lay ton, now the old est living pork packer in the United - State, paid the city a visit and the best hotel accommodations he could get then was a room with a small bed and the privilege of eating In a "chop . house." He Is back again, at the age of 87 and with the Multnomah as head quarters is taking in the sights. Mr. Lay ton resides at Milwaukee, Wis. He retired from the packing business 14 years ago. During the last three dec- ades he has spent much time traveling and has taken in most all points of Interest of the civilized' globe. ' Comber Hits Launch. Few seafaring men have got a closer view of Davy Jones locker than George May, of Astoria, captain of the sea going gasoline launch, who is stopping at the Imperial. Captain May several years ugo was aboard the steamer Oshkosh, a small coaster when it fan into a heavy gale off the mouth of the Columbia. He was in the engine room when the ves sels struck by a huge comber, turned turtle and left May alone in the dark with his feet planted on - the celling and the floor above him. For the next few hours the boat. keel upward, drifted with the currents, and May In the dark alternated his thoughts between home sweet home at Hammond, Jinst off, the lee, and his probable fate. In Davy Jones Locker. , Below he could hear the water churn but owing to the air that remained un der the hull It could not reach him. Finally the craft struck shore and receding tide gave him an opportunity to crawl out of his prison. By odd chance the vessel had been cast upon the sands near the mouth of the river, a country he was raised In, and the captain ended his voyage by walking to his home at Hammond. Cardie Guest of Honor. Ernest L. Cardie was guest of honor last night at an Informal dinner at the Commercial- club, tendered by his friends on "Railroad Row.'V Mr. Cardie has Just been promoted from the gen eral agency of the Canadian Pacific and Soot Line's freight department to be assistant general freight and pas senger agent of the Spokane Interna tional. :''.; , Martin J. Geary "was toastmaster and everybody had to hand Mr. Cardie a bouquet of eloquence.. When all had told what good things they could think of aboust the guest, W. A. Bobbins, ex president of ;i the Transportation club, presented Mr.; Cardie with a cane. Those who attended the dinner were: R. B. Miller, C. H. Dexter, Sidney French, J. H. Mulchay, W; C. McBrlde, W. Merriman,- Russell Stanley, T. K. Wallace, L. F. Knowlton, T. A, Roches, ter. M. J. Geary, t. Smith. William Leonard, J.' A. Harrison, -J. F.Ketchum, W. F. Cunningham. W. A. Robbins, H. C. Baker. W. S. Elliott. S, F. Safford. P. J, Peckens, James Casey, C. W. noyie, n. j. uriggs, tl. h. Keck, Nel son Fleming, H. M. Byers, D. B. Duffy, C. C Cochran, Shad O.'Krantz, W. P. btrondborg and C. T. Hoge. Amone the 'eastern tnnrit revf.. teredj at the Multnomah today . are M. F. FferguBon, of Philadelphia, who is accompanied : Dy his wire, mother and three! daughters. They are vlsltine the northwest, en rode home after a stay in California. William O. West is back to his posi tion behind, the desk at the Multnomah greeting new arrivals and speeding the parting guests after a couple of weeks' vacation a the beach. Mr. West is president of the local Greeters' organ ization. . N. A. Bentley and wife of Astoria are registered at the Eaton. A. T. Limon of Tacoma is registered at the Eaton. Mr. and Mrs. J. Miller of Grants Pass are registered at the Eaton. E. Pearson of Astoria is registered at the. Eaton. . L. Bllyeu, an attorney of Eugene and a well known - Democratic leader of Ahe dm-.rist and J. D. Matlock, for merly mayor of the university city, are stopping at the Imperial. , -? Frank 3. Miller of the Oregon Hall way Commission Is registered at the Imperial from Salem. r Charles B. Hali of the Oregon Elec tric s back from Atlanta. Ga where he went with the Sbriners for the big conclave. He is accompanied by a bride) who he f irsV met years ago in Tennessee. Mr. and Mrs. Hall are at the Imperial. v Philip A. Bertrand. general man ager of the Grays Harbor Railway and Light company, is a business visitor In the clty and is at the Benson. J. S. "Thornton of Raymond, a lum berman, is stopping at the Benson. , T. F. Palms and R. C Brown; lum bermen of Tacolt, Wash., are putting up at the Oregon. . Allan Clark of Calgary Is registered at the Oregon. : . - . . J. F. Dealy, a realty man of Spo kane, is stopping at the Oregon. . J. J. Sullivan of Washington, D. C Who is at the Cornelius, Is connected with the federal labor commissioner's office. . ' -' J. A. Churchill, state superintendent of. schools, is registered at the Cor nelius. Dr. Harry Llttlefleld is registered at the CorneUus from Newberg. He is accompanied by Mrs. Llttlefleld. Mrs. G. C Murphy and Miss M. E. Huntley of Ashland, Or are guests at the Cornelius. . , . Vaille 8. . Andrus. who Is connected with the Southern Pacific at San Fran Cisco, is a guest at the Multnomah. He is accompanied, by Mrs. Andrus. E. M. Hecht and Louis Newbaner, of San Francisco, arrived last night in Portland by motor from the Bay City! They are registered at the Multnomah. A. A. Fisher, Sidney French, George D. O'Connor, L, - M. ; Tyler and- E. K. Garrison. ;.-. ;;Vi.;-'-.-'' SoutHernPacif ic ; -. Prepares for Crowds fty Coaches Brought la From Cali fornia and Distributed at Various Points la Willamette Valley. Fourth of "Juiy crowds are to be handled expeditiously up and down the Willamette valley tomorrow If the Southern Pacific's extra equipment, brought up from California, will turn the trick. Fifty cars yesterday were brought Into this district and dls- Special celebrations at Hlllsboro, Gaston, Falls City, Woodburn, Silver ton, Albany, Eugene, Grants Pass, Talent, Philomath and Klamath Falls are expected to lure the patriotic and 1 in most cases the company figures its 1 regular service, with the addition of t what extra cars ' are necessary, ; will vare ior me. crowas. A" special train from Grants Pass to Ashland, however, will be run for the Ifenefit of the celebrators of - Grants Pass and Talent and a special from Albany to Detroit on the Corvallls A Eastern, will care for the horn e-ninr crowds. Portland-celebrators at the nearby points will be. brought home on a special electrie train leaving Mc Minnville at 9:15 p. ml. Forest-Grove at 10:19 and Hlllsboro at 10:30. Valley people who see the electric parade in Portland will be taken home on the regular trains and ' an extra leaving Portland at 11:30 p. m.. 15 minutes after the last regular night train.' - For the beach travel, the company will run two trains to Tillamook to morrow: morning instead of - one, the second leaving at ; 9:0V 10 minutes Sfter the regular . train. - The regular week end ' train leaving Tillamook at 4:45 p. m. will be followed by a sec ond section a few minutes later. July 4th at North Beach ; Queen of all beach resorts. Steamer T. J... Potter leaves Ash street dock a. m. July 4; Hassalo, 9 p. m.. - Make reservations eaily at O-Wi R. & N. city ticket office. Third and Washington. Both phones. (Adv.) t Charter No. 4514 CONDENSED REPORT OF The United States National Bank - OF PORTLAND,. OREGON Submitted to the Comptroller of the Currency ! At the Close of Business, June 30th, 1914 RESOURCES Loans and , discounts ... $ 5,673,592.36 United States bonds at par 1,115,000.00 Municipal and railway bonds 1,325,222.60 Bank building 125,000.00 Customers' liabilities on letters of credit ... ' 27,421.04 Cash in vaults 2,639,001.91 Due from banks 1,353,790.96 Total $12,259,028.67 , LIABILITIES Capital ., $ 1,000,000.00 Surplus 1,000,000.00 Undivided profits 199,674.28 Circulation . ... 800,000.00 Letters-of credit ' 27,421.04 Deposits ..i 9,231,933.55 Total ....$12,259,028.67 Hibernia Savings Bank OF PORTLAND. OREGON Statement at close of business June 30, 1914' f" r RESOURCES Loans and discounts Heal estate, furniture and fixtures...... Stocks ,and securities Bonds and warrants U. S. Government 4 bonds. '. ., .$ 65,062.50 City of Portland improvement bonds. .... . .. 349,804.45 Other bonds and warrants.... .............. 10,345.00 Cash on hand and due from banks.... Suspense , LIABILITIES Capital stock I Surplus and , undivided profits Dividends unpaid Savings and time deposits $1,899,122.05 Demand deposits . - 914,295.88 Total deposits - $1,905,799.83 62,343.24 472.49 415,211.95 731,050.50 3.47 $3,114,881.48 . $ 200,000.00 100,891.55 572.00 2,813,417.93 $3,114,881.48 STATEMENT OF CONDITION OF TheNorthwesteraNational Bank of Portland At the Close of Business, June 30, 1914 RESOURCES Loans and discounts. United States bonds Other bonds and securities .......... Furniture and fixtures . . . ... . . . . , . . I Cash on hand and due from banks ..... LIABILITIES Capital stock paid in ........... T. . Surplus and undivided profits . . . .... . Circulation . ...... . . . ........... Deposits ; . . . i . ... . . . . . . .... . . . $l,845,958i75 50,000.00 . 599,580.54 74,306.01 . 1,182,040.88 $3,751,886.18 $ 500,000.00 (1 99,381.31 50,000.00 .3,102,504.87 $3,751,886.18 STATEMENT OF CONDITION OF Portland Trust and Savings Bank At the Close of Business, June 30, 1914 RESOURCES Loans and discounts ...... . . . . . . $ 887,338.74 Bonds and stocks ... .-. . . .v . . . . . . 142.220.72 Real estate, furniture and fixtures. . . . . 242,515.29 372,460.65 Cash and due from banks . UABIUTIES Capital stock paid iii ........ . .'. Surplus and undivided profits . ... Deposits .... ... .... . . ... .... - $1,644,535.40 . . .$ 300,000.00 52,124.40 ... 1,292,411.00 $1,644,535.40 INSTITUTIONS t a L. PITTOCK, Chairman of the Boarcl Charles H. Carey John Twohy A. S. Nichols c'n V WiUiam D. Fenton A. D. Charlton ( O. L. Price F- W. Leadbetter L. B. Menefee George H. Kelly 1 J. D. FarreU Emery. Olmstead COMBINED DEPOSITS $4,394,915.87 STATEMENT OF CONDITION OP Ladd & Tilton Bank At the Close of Business. June 30, 1914 RESOURCES , Loans and discounts : $ 8,030,512.92 Bonds and stocks f. 3,476,281.65 Customers' liability on letters of credit ,. ;.T.. 149,721.26 Real estate ...... L ; . . 60,000.00 Cash on hand and due from banks .' 3,834,162.73 1 $15,550,678.56 LIABILITIES Capital stock fully paid .$ 1,000,000.00 Surplus and undivided profits 1,296,835.30 Letters of credit , 150,321.26 Reserved for interest ; 45,000.00 Deposits 13,058,522.00 $15,550,678.56 REPORT OF THE CONDITION OF The Scandinavian-American Bank PORTLAND, OREGON At the Close of Business, June 30th, 1914 RESOURCES t Loans and discounts ...$1,150,452.35 Stocks and bonds 241,668.90 Real estate, furniture and fixtures ..' t 47,071.68 Cash on hand and due from banks . 485,054.89 i Total amount of resources ...$1,924,247.82 r LIABILITIES Capital stock paid in $ 100,000.00 Surplus and profits, less expenses and taxes paid 21,105.15 Deposits, individuals and banks 1,803,142.67 . Total amount of liabilities .'.$1,924,247.82 CONDENSED REPORT Hartman & Thompson, Bankers OF PORTLAND, OREGON At the Close of Business June 30, 1914 J RESOURCES ' Loans and discounts $222,511.44 Stocks and bonds t. 133,992.81 Real estate 15,69a.00 Furniture and fixtures .- 16,724.07 Cash on hand and due from banks... 118,110.22 $507,033.54 LIABILITIES .Capital . ., ' . . ". .$100,000.00, Surplus and undivided profits. .. . . ..... . 17,811.83 Deposits . 389,221.71 $507,033.54 STATEMENT OF CONDITION OF f- Geo. W. Bates & Co. Bankers PORTLAND, OREGON At Close of business June 30, 1914 RESOURCES Loans and discounts .$504,077.87 Bonds, securities, etc. 74,377.79 Banking house; F. & F., real estate 65,907.99 Cash in vault and due from banks. 147,547.39 ' $791,911.04 LIABILITIES Capital stock .$100,000.00 Surplus and undivided profits. 9,727.01 Deposits 682il84!03 $791,911.04 CONDENSED REPORT OF - The Citizens Bank PORTLAND, OREGON At the Close of Business, June 30, 1914 ; RESOURCES Cash, and due from banks-' .$251,636.53 Uoans ......... City of Portland bonds Real estate and fixtures - . - LIABILITIES Capital paid in .V... ............ ' Surplus and, profits ' Deposits ". ........ti. ......... 420J550-- .... 108J90iX) ... :.8t954.64 $78936J7 ' ....$100,000.00' 19.553.36 ..., 670,183.01 , $789,736.37 '- REPORT OF CONDITION OF The First National Bank OF PORTLAND, OREGON At the Clofe of Business, 'June 30, i 1914 , . . . 1 . -" '' RESOURCES Loans and discounts ..$ 6,957,000.77, U. S. and other bonds ' 2,643,021.14 Bank premises . 70,000.00 Cash and exchange ... 4,3 1 7,448.42 ' , $13,987,470.33"' ' ,-f - ' i - LIABILITIES Capital stock . . . ; ............ S i .500.000.00 : Surplus and undivided profits 1,100,342.64 r Circulation-. 605,845.00 - Deposits . . ....... ... 10,781,282.69.;' V J $l3,987,47a.33 V Security S STATEMENT OF CONDITION OF ....... avings&Trust Company PORTLAND, OREGON At Close of Business June 30, 1914 RESOURCES Loans ... $3,502,642.47 Bonds, warrants . . . ....i... 1,485,173.05 Real "estate . , None Customers' liability under fetters of credit 88,474.50 Cash and due from correspondents.... 2,531,233.85 $t,G0724.47 ' LIABILITIES Capital : .... .$1,000,000.00 Surplus and undivided profits 591,936.56 Letters of credit 88,766.48 Reserved for taxes 14,313.41 Deposits A 7,912,508.02 $9,007,524.47 - REPORT OF THE CONDITION OF ' Merchants National Bank Washington and Fourth Streets, Portland, Oregon At the Close of Business, June 30, 1914 '. RESOURCES . , -.. Loans and discounts ......... i $2,215,09870 United States bonds . J 433,000.00 Premium on bonds '.. 7,186J9 Other bonds, stocks and warrants ,". '886,051.41 Real estate and mortgages 44,025.44 Furniture and fixtures 30,500.00 Banking premises 81,500.00 Customers' liability under letters of credit 15,250.00 Cash and due from banks 1,208,913.54 I $4,921,525.48 LIABILITIES Capital stock Surplus and undivided profits ,.. National bank notes outstanding ...... Dividends unpaid ........ .'. ..... ... . Bonds borrowed Deposits . .$ 500,000.00 119.299.13 297A.00 ..' 544.75 ...... 175,000.00 ....... 3,829,681.60 Increase in deposits since last call, March 4th, 1914. ... ..... ...... . . .... $111,320.45 Increase in deposits since June 30. 1913. $237,978.46 '1 STATEMENT OF CONDITION OF Lumbermen's National Bank ' OF PORTLAND - At Close of Business, June 30, 1914 RESOURCES Loans and discounts ... . . .$3,945,084.63 US. bonds to secure circulation ';...... 250,000.00 . U. S. bonds to secure government deposits. . . . 100,000.00 Municipal bonds arid premiums. $1,1)03,964.46 Other bonds , V.... 56,665.00- 1,120,629.46 Furniture and fixtures ... t 65,600.00 Due from U. S. "Treasury ..i....... 12,500.00 Cash on hand and in banks. . ...... .V.V. .'. . . . 1,464,601.27' Total . . . . . . . . . . .' J. . . . . . ; ....... .$6,948,418.30 f LIABILITIES Capital . . ............. .$1,000,000.00 Surplus and undivided profits. . ........ 193,972.50 Circulation 250,000.00 Dividends unpaid .' . . , ....:..': . ;7.50 Deposits .... I...." 5,504,43S!3C .$6,918,4186 Total omeni OEO. W. B1TZ1, Prldt. r. o. CBAwrosD, tic rrssidraft A. Tu TUCZZB, Csblr. . DSASUI SVZZXiBT. 9ZXXCTOSS ' Oaorr o. Blarluua . 9. B. Bnunbr - O.- Crwor -.-; - Sr. X. A. 9. lCekmsl jtoMrs Trttt natt n Cluuu B. -3sastU '--? $4,92U2S.48 " I