THE' OREGON DAILY JOURNAL; , PORTLAND; ' FRIDAY EVENING, JULY 3 1914.
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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
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