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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (July 19, 1914)
j THE OREGON: .SUNDAY, JOURNALS. TORTLAND, SUNDAY. ORNING ; JULV; 19,.I91i. annua L EXCURSION OF GROCERYMEN WILL BE A FUN MAKER FOR ALL J Sixty Special Cars WHi Be .Needed to parry Crowds to Picnic Grounds TRIP WILL BE WEDNESDAY Grocers and Salesmen vrui Clash oa the BssebaU Pltmonli A&Tertie la Staats On reeture. LOCATING WELLS WITH ROD . IS EASY FOR CAPTAIN SHAW With a band of 16 pieces, the: drum corpa of tha Son of Spanlah American War Veterans, singing squads of sales men arid grocery clerks, the, retail gro cers of tha city, with their families and friends, will, on next Wednesday, ride to Bull Run park, where the four teantb annual excursion of Portland xooa aistributors ia to ba held. The picnio will b made the occasion of a r un crucsn, ana nousewives ' are generally requested to purehaae their requirements on the twenty first, whan all atorea are to ba open unui iu p. m. Bixty special cars will 'be required to carry the crowda to tha picnic grounds. Orocera have been preaaed Into service as conductors, and, in fact, the dispensers of breakfast food will participate In every activity of the day. Tha grocera and salesmen hava been practicing for weeka in an ticipation of tha contest for supremacy In tha baseball game, one of tha big - features, while representatives of vari ous Jobbing and manufacturing con cerns will at rive for the prises offered for those who present tha moat unique advertising stunts during the day. Babies to Baca. Children accompanied by their pa renta will be carried to the picnic and return without charge and tha com mittee in charge' of the athletic events has outlined a aeries of races in which they will compete. A babies' race will attract especial Interest. This race win be run by kiddies under tha age of six years, under the supervision of their parents or guardlana. A program of 20 racea will ba ataged during the afternoon, including a fat men's race, crab race, ladles' and gen tlemen's race, etc. Prlzea valued at $1000 have been donated by varloua wholesale houses for the events. Pic nic trains will ; leave East Morrison .and Water streets at 8:50 a. m., Wednesday. According to L. K. Mer rick, secretary of tha association of grocers, 1600 tickets have already been aold and in his opinion not less than 3000 will celebrate Grocers' Day. Fol lowing is the list of events outlined, along, with the committees and prlzea to be awarded: Program of Eranta. r. W. Fuok, inuy clm-k. Bert Landauer, starter . 10:30 a. m. A. C, Black, ; chairman at Judges. Pint. BabaU fame. Grocer t. Sales men. Theater party to be tendered both teams bjr Portland Grocera- aud Merchant' sasoctstlon. - Hecoml. Bora' tbree-legired race. 50 yards. Required bolibt Sj to 60 lncbes. First prise on 20-pouod. box cookie, by Independent Cracker company. (Second .prise, one gallon . l'-e cream, by Haxehrood Cream company. Third pftxc, ne-hair dozen Know rufra sodas, by Pacific Coaat Biscuit company. Third. Girl' race, 60 yard. Required bdgUt 45 to 50 Incite. Firat price, one cae aorted jelly powder,, by Wadham at Co. Recond price, two dosen toilet op, by Luck el, King Ac Cake Co. Third prise, two-pound box fancy chocolate, by Alden Candy com pony. i Kourtb. Ladles' and gentlemen's race. Po sition a when roller akatlna;. CO yard. Ladle: Flrat prize, one bride' cuke, by Itoyal Bakery A- Confectionery Co.: aecond pilce. three gallon Ice cream by Haaelwood t ream company: third prlx. two gallon ice neam ty liaxciwoou cream company P IK - mm Nw I aW If I 1 . SB III m z '. . V til EACH GROWERS OF S A L EM EXPECTING TO HAVE LARGE CROP One Hundred Carloads Ripen ing Compared to Ten of Last Year, " TO BE CAREFULLY BOXED Producers Affiliate witb Salem Pruit Vnloa and Win XCarkat Crop Tbxouglt tba Distributors. LANDMARK PASSES. IN REMOVAL OF 1ST NATIONAL 5 Gen. tlenwn: Plrat price, one Rex ham and on Hex bacon, by Cudany Packing company', aecond prize, one rasa pork and bean, by Kelley Clarke: third prize, on bos cigars, by Ilocenteld Smith. Fifth. Grocers' rce, 100 yard. Flrt price, one caee clam, by IIudon Gram cnu-pany; aecond price, one barrel flour, by Portland flooring Mill company; third prise, one cae peaches, by Kelley Clarke company. Sixth. Married ladle' race, 60 yard Klelacbmana apeclal rent. F1rt prise, kltctaeu set fWe kai; eooad PTla. large earring ret; third price, atnall carving act; frnirth price, act alx kntre and lx forks; fifth price, one cold meat fork. SeTentb. Fat men', race. Muat weigh 300 pounds and girth mnat mearnre 40 Inches. Kb at price, one caae pancake flour, by O. E. Fletcher; neeond p. ice. one case ketchup by Jenklna Co.; third price, one kit dill pickle, by Knight Packing company. ... Eighth. Salesmen' race, 100 yard. Ftrit prise, one caae 1 -lb coffee, by lull Brother; econd price, one caae aasorted canned fruit, by Libber. McNeil m Ubbey; third prise, one tax orangee. by W. B. GUfk. Ninth. Grocery clerk' race, JO0 yards, i Ftrnt price, caah, (5. by Log Cabin Bakery; aecond price, one barrel flour, by Jobe Mill- 1 ing company; third price, two sack flour, by Columbia . Milling company. Tenth. Boy' ' aack rc. 60 yard: re quired height 40 to 45 Inch. Pint prize, on crate ranteloupe, by Bell A Co.; aecond price, one caae tjrny, by Cascade Byrup com. tany: third price. 25 lib. parka sea macaroni, by Columbia Italian Paste company. - Eleventh. Shoe race opea. - High -or bat ton shoes required, first price, one esse lem on, by Pacific Fruit V Produce company; econd price, on box soap, by Mt. Hood Soap cniiny; third price, one docen syrap, by Pacific Coaat Syrup company. Twelfth. Crab race, 60 yard; boy under 60 Inchea in height. First prise, on case pineapple Juice, by Johnson Lieber company; second price, one race condensed milk, by Morrl ft Co.; third price, one docen assort ed fancy biscuits,' by PacKie Coaat Biscuit company. Thirteen. Ladle' baaeball throwing con test. Flrat price, nickel 5 o'clock tea pot et. with lamp, by Prael Hegele company; f econd prise, fancy box candy, by Russell Divining Staff Works Like Magic in Hands of Port- x. land Resident. Back In the mists of antiquity, down through the old wives tales to tha present there have always been per sons, seemingly possessing some gift or power other than their fellows', of locating hidden springs or wells of wa ter. Boms indeed were able to ocate hidden treasure, subterranean running streams or veins of ore. Such people are called "diviners" and it has long been ,a moot question whether their powers are evidence of some strange scientific phenomenon or just pure quackery. - On the continent diviners are ac credited with far more power than in America where their activities have usually been confined to locating wells. Almost every community has its d! viner who with the traditional divining rod of witch-hazel wood locates the wells arhd springs for the neighbors ror miles around. Portland is no ex ceptton and the man in question Is Captain J. P. Shaw, Civil war 'veteran. lonner newspaper, editor and proml nent In local a. A. R. circles who lives at Lakewood on the Oregon City line. , Tha captain has been able to locate subterranean water beds all his life. He has never failed in an attempt. Like all 'diviners he uses the widely forked branch of witch-hazel and with it be has found water at a depth of 80 feet beneath the surface of the earth. Out Milwaukle way they eall him the water witch. The captain does not confess to being a witch although he can't explain how he does it. All that he knows is that he does. He can theorize a bit and that's all. Tie Charm Works. Holding, the two forks of the witch hasel crotch, one iiv either hand be fore him, with the butt end of the twig vertical In the air he will -walk slowly over the, ground to be surveyed. and when he stands over a. subterran ean well or spring, slowly but irresist ibly the branch will bend until it points downward. Dig here and water will be found without fail. This then is the art of divination. It is the process followed by diviners and they invariably find water while their next door neighbor can walk over the ground for a month and the twig will never bend an iota. Captain Shaw has been tried out. His hands and wrists have been care fully watched and not a muscle has moved, the twig bending to some un known force. Others have tried tha witch-hazel branch over some spot where he has found water and have been uniformly unsuccessful. " "How do I explain it?" said the cap tain the other day. "I can't. Whether the art lies in the witch-hazel crotch I use or comes from some occult power, I am unable to say. "That I have -located many wells is true. In fact, I have never missed finding water in any of my attempts. And while I say I do not know whence comes my power I have a theory. It's only a, theory- however, and may not appeal to others as a correct solution. "It Is this: Concentrations of the mind upon a single object in this in stance the finding of water. The power and control of one's thought in the form of auto suggestion Is fairly un derstood, I believe, and this may be the source from whence comes the ability of tha so-called "water witch' to find water. By experience and the strength! of the pull on tha hazel I have been able to learn tha depth of tha water I am locating. Should there be a strong downward pull I rightly Judge that the water lies near the surface, and just Salem peach growers, are facing the prospect of the largest crop In their history, with fully 100 carloads ripen- ! Ing where last year they had less than 10. This situation was developed Wed nesday when Wilmer Sieg, salesman ager of the North Pacific Fruit Dis- i tributors, and C. A. Malboeuf, general manager of the Western Oregon Distrl butora, conferred with the growers re lative to affiliating with the organiza tion. Having only small crops In previous years, the growers had found such chance sales as they made locally and at tha Front street market sufficient to dispose of their product. According ly, not knowing of the enormous crop they hava tnis year, tney naa planned to market It In tha same way. It was not until Mr. Sieg and Mr. Malboeuf interviewed each Individual grower (present for an absolutely conservative i statement or his own crop that tne gathering as a whole knew that 103, 000 boxes of peaches were In sight. Finding that tha strictly local mar ket would be swamped with peaches if they were to be marketed in the old way, tha growers decided to go togeth er, affiliate with the Salem Fruit un ion and sell the crop through the Dis tributors. Thirty carloads of tomatoes will be shipped by the Umpqua Valley Fruit Union out of the Roaeburg district this year, according to advices received by Mr. Sieg today. They will be picked be- i fore they are entirely ripe, boxed care- I fully and shipped in refrigerated cars to Seattle, Vancouver and throughout British Columbia. The Belgian chamber of deputies has passed a bill granting a pension of 360 francs a year for miners 55 years of are. who have worked 40 years or more in a mine. f- , '. : , - I "-i...' . , v . . - I ' y j - - -". i I " w M ' I i I liy 1 -: li' i - 'Ml 1 l I i Ar U .US I Vi: -. t - - -mm-, 1 10'" Fi r tp- , 4 "' 'mwa nil, miSMwrnnf w-""rn"""1 ' " "' I Vi- -J w " "J First National Bank Building, at First and Washington Streets, Soon to Be Vacated After Over S 0 Years' Occupancy. - By Fred Lockley. Within a few days the First National bank will be removed from its old quarters at the southeast corner of First and Washington street, where It has been located for more than SO years to its temporary location In tha Corbett building. Within a year or by- January, 1916 at the latest, according to present plana, tho bank will be housed in a spacious new home at tha south west corner of Fifth and Stark streets which will be the last word In bank ing structures. Here this pioneer fin ancial institution tha second oldest bank In Portland and the oldest na tional bank on the Pacific coaat will round out tha first half -century of its exlatence. Tha removal of the First National uptown marks the passing of a pioneer institution from what was the oldtlme business district on Front and First street. It recalls tha old days when Oeorga Collier Bobbins, one time may or of Portland and one of Portland's early Jewelers had his own mint and used to Issue "Robbin's slugs' that were accepted everywhere in lieu cf gold coin. It recalls too, tha old pros perous days when mining was at its glory when the banks had gold scales and received bullion on deposit. At Jacksonville in Southern Oregon at Beekman's bank you may still sea the massive gold scales within their glass caae and you may occasionally aa Mr. Beekman accept gold oust or gold aus gets on deposit. : - . .. Ladd. Corbett, Falling and Bush, tha strong men, and tha monled men of tha earlier days hava gone. All four -of tbaee men were men of Integrity and of vlalon and helped lay broad and strong ttx foundation of Oregon's greatness and reputation for flnansUl strength, a . Tha First National Bank of this city was the first bank organised on tha Pacific coast under national bank lng laws and for several years It was the only national bank, In 1S59 W. 8. Ladd and C E. TUton started a bank in Portland under the nam of Ladd & Til ton, this being Portland's flrat bank. In those day a tha usual interest charge was two per cent a month and It was not unusual to mak a charge of rive per cent brok erage. So profitable was this pioneer InaUtutlon that witnm two yaara it was able to increase, its capital from $50,000 totl00.000. Tha bank was first located at 7 Front street where it remained for 10 years when a move was made to tha corner of First and Stark streets. In the spring- of 1S in sptta of the fact -that intereat rates had come down from two per cent a month to from one to one and a naiz par cent per month it was baliavad there waa room for another nans, ana me rirei national bank was organised. The stockholders and organisers ware A. M. Starr. I M. Starr. A. P. Ankeny, H W. Sddr and Phil Wassarman. Tha next bank to Begin operations In Portland was tha Bank of Britten Columbia which cam In 1866, E. Rua- sell being tha resident manager. This institution built at tne junction or Front. Vina and Ankeny streets. Ten years later the Oregon and Washington Savlna-s Bank began operations, win lam Held being its president. Then came tha Bank of British North Amer ica, tha Portland Savings Bank, tha Metropolis Savings Bank, the Wil lamette - Savings Bank, tha Portland National, tha Alnsworth National, the CommerclaX'National, tha Oregon Na tional, tha Merchants National and others. On June IS. 1119 tha clearing house was organised and began opera tions on July 1. It was located at 50 Flrat street. If you will refer to the Pacific Coaat Business Directory for 1167 you will find the First National Bank of Portland listed at 79 Front street L. M. Starr being president and Jamas Steel cashier. In the advertising pages of this same directory you will find a full page advertisement of the Ore gon Stage Co ii. W. Corbett to Co.. proprietors end In another place ap pears the following: "H. W. Corbett, importer of hardware, agricultural im plements and general merchandise, 53 Front street. The adjoining store, at 55 Front street was occupied by Henry Falling, wholesale dealer in general merchandlae. railing and Corbett In Control. The first, charter of the First Na tional was dated July 4, 1S65, it was renewed In 'IMS aad again in loa. . Aroory Holbrook. the first cashier,-was .. succeeded In March. 1166. by James SteeL . - . In August 1869. Henry Failing and Henry W. Corbett secured the major ity of the stock of the banic ana on August 11. H69. Henry Failing b cama prealdent and Henry W. Corbett vlca praaident. In. 1163V the bank purcnued me ground on which its present building is located at Flrat and Washington streets and erected a building coating ' f 10.000, which it Is soon to vacate. Henry Falling waa succeeaea .-as,-... president In 1696 by Mr. Corbett. A. U Mills becoming vice president. On April I, 190 J, upon the death of Mr. ' Corbett. Mr. Mllla became president. . . On August a, 1M7. toe capital was Increased to $300,000 and on November , 11. 110 tha capital was further in- .' creased to $350,000. On July 1. 1195, tha capital waa increases to go,ouw. . On June 1, 1911 the capital waa ln- creaaed to $1,500,000. the surplus was . $760,000 and the undivided prorits were $199,594.30, tha deposits being over , 13 millions. - It la now proposed to again Increase the capitalisation to : $3,500,000. The banks and individuals having money in the sixties bought green backa at from 40 to 45 cents on the -dollar and made a good profit when ; they advanced to par or near it. - Joaepb Oaaton In speaking of the . days of the panto of 1893 says: "Seven Portland banks cloaed their doors dur. lng the panic The Flrat National, the ' Merchants National and Ladd at TUton s banka withatood tha storm and paid out gold coin until every depositor was ' . satisfied." When the atorm brolte both the First , National and Jadd & Til ton were short of coin. They sent to the Bank of . California in San Francisco and se cured a half million dollars In gotd coin which was rushed northward oa - a special train. "All day long." aaya Mr. Oaaton, the calm and kind'v face of Henry W. Corbett atood behind hU eaahier witnessing the fearful drain of gold and aeelng hundreda of men whom be had helped over many a trying place coma up and demand the last penny due them. Or the aeven banite tnat were closed by tha panic only one op ened its doors for business again." Whenever you hear Portland s fin ancial lnatltutlona referred to at home or abroad you will uaually hear such expressions as "healthy condition," "conaervatlvely managed." "vary strong," "great reaourcea," used In. reference to them. THIRD PEACE CONFERENCE The Hague. July 18. The Dutch government today sent an invitation to the nations which participated la .the aecond peace conference to appoint delegates to a committee to formulate a definite program for the third con ference. It la proposed that the com mittee asaembla at Tha Hague on June X. 1915. NEW CLOTHING STORE FOR PORTLAND Credit Store for Men - and Women Will Open August 1st in the Pittock Block. Tha system of selling clothing for man and women on credit is not alto. gether new. But few atores have op. erated on this basis with such con spicuous success as CHERRY'S, main. tainlng stores in San Francisco, Oak land and Loe Angeles. The announce ment that . this well known Pacific Coast firm will open an elegant store in tha Pittock block is news of In- ' tense interest to the men and women 'of Portland. Tha aama principles of fair dealing . which have made CHERRY'S atores so immensely successful In other coast , ctUes will be rigidly adhered to In the new Portland store. Complete lines of 1 ferments, embodying the very latest tyia of effects, will be, carried. A small first payment Is all that la required at any CHERRY'S store. The i osiance or the purchase price is then ; Paid by the purchaser in convenient . weekly or monthly installments. Fuller announcements- of CHERRY'S opening will- appear 'in- this- paper " later, -f Captain J. P. Shaw, "water witch, divining rod in hand. the opposite, should the attraction be Blight. "I have located wells stating at the time that water would be found 80 feet below the surface of the earth, and have been proved right within a few j feet. I located my own well In an igneous rock formation and got water I at 33 feet yet in the same neighbor hood other water I found to be at a depth of 60 feet. "Another curious phenomenon is that an . oien or running stream ' has no effect or attraction ipon the hazel or myself." ' Divining Bod Is Popular Abroad. Captain Shaw of course Is only one of the whole fraternity of diviners and it Is in Europe, especially In France, that the most wonderful results have been accomplished with the divining rod. . There the "baguette" as the twig Is called, has been the subject of much controversy and many experiments. Ac cording to Garrett P. Serviss, a writer on scientific- subjects, experiments con ducted by Monsieur Armand vire, a scientist of note, with three celebrated diviners, in the department of lot in 1913. revealed miles of subterranean water courses and springs, some at a depth of 300 feet. Hidden streams of water were traced all through their windings and underground caverns were found as well as water courses.' - The diviners are also said to have located skeletons, graves and ancient metallic objects, even announcing be fore digging in the ground what was to be found. The question as to whether the art of divination is a superstition or a manifestation of science is still un settled, however. One theory is that some people are extraordinarily sen sitive to vibration and that the divin ing rod held upright responds to this vibratory influence and bends the twig. The process of divining is not only old on the continent but has been prac ticed in parts of England for years as ' "dowsing." Whether the demonstra tions in' France prove anything of value is a question but beyond doubt an un known subterranean river at Dadirao was found in France by this method. .l though the credulous may derisively cry "accident." - Co- andStaf. 13 MERGER OF BANKS - First National antr Security Trust Unite JirStrongest-IMorthwesTlnstitution. NEWB0ME TO BE BUILT mcern. Gilbert; third price, one box candy by Rut sell Gilbert. Fourteen. 100 yard dash open. First price. ens case goods, by Wsdbsms & Kerr Bros.; second prize. . one case pineapple, by Hnnt Bros.; third price, one case peaches, by Ma son Ehrmsa. Fifteen Babv's race. nartlciDant not be under 8 rears of are. Distance will be left to the Judgment of the eports corn- mine, tnces, a oox or canay win oe girea to each midget, all donated br Pacific Coast Biscuit company. Committee la Chart af Fieni. Reception. W. C. Gunthar. chairman: A. G. Bunkerhof f, T. E. Foote, ' G. Gunderson, C. Blschlnser. A. It. Biacamo. C. Anderson, T. 3. Con cannon, F. A. Darin, H. F. Dooley, f George Down. HalTor Dabl, Ji. W. Uerse. B. A. WiriltH, Lu E. England. F. Fischer, A. B. Fleming, C. C Hanaberger, W. H. Heroes, William Hoss, Win Harrey, 3. O. Hours, B. C. Heath, G. Gleaaon, H. U Goo Id. 9 . - Mnsie. Georcs Smith. Ceore Zeisler. '-I, A. Tate. Tindale, f. H. Bupert. C. E. La Grande. C. Scboenfeldt, A. T. Kahlke, Charles Scbwind. PubUclty committee. I B. Merrick. Entertainment. J. C. Mann, chairman: C. D. Ott, J. P. Hendron, A. Btrshecker, Frank mn, t. J. uoncannon. b. Helmer. nay j. Sherrett, A, M. Banter. F. A. Darla. 8. V. Squire, A. Kilns, C. V. Smock. A. Newman, H. M. NUbet Transportation and aronnds. George Hock anyes, chairman; L. R. Merrick, A. Keller, i pan- 1T by Claud Schmeer, George Zeisler, A. Emig, C. C. COark. - Sports- Bart , Landsoer, chairman; Clanda Schmeer. Fred Hoffman, Conrad Meyer. Carl Walstrom.W. . Byrne, Bafas Franks, M. Jensen. . ' Befreshment Jake Neubauer, 'chairman; 3. Herrick, K. Gelbert. Bob Jobnson, Jo Uaaagbaa, G. F. Gallegly, N. A. Perry. D. Sngarman. . A. W. Anderson, Dan Kellahar, rY. Li. easier, js. u. unntner. . - , Jndgea. A. C. Black, chairman; Harry Tattle, A. u. crawlore. H. Bain, W. B, Ulalk. J. tleosner, A- ucniDOen. I . Prlcea for Selling Tickets, "i First Price, two casea lard, two case lard. two ham aad two bacons, by tha Union Meat company. . - Second prlas 10 peands tree tea and one ea..ao pounds, ta, ail by M. Bracken atein. - ; . ' - - - ' Third prls. eae 8-pound can coffee and 80 1 pound cap coffee, all by Pwight Edwards company. - - Foerts prise, three cases assorted goods, by Cloaset A) Davars. - ' Fifth 'prise, one barrel flour, IS pound coffee and 60 cigar, ail tor Lang. A Co. - Sixth prise, one box lemons, and one ' box oranges, all by Pearson Page company. Berenth prise, one Qase Jam, and one case Jelly,, all by Dickinson jelly company. Eighth prise, one casa oats, one case cake flour, and one ease wheat nnts, al. Golden Hod Mlllins company. Ninth price, one case pineapple, and on barrel flour by Allen 4V Lewifc Tenth Drlze. pickle snd bottled goods. rslae $5 and one casa assorted ulckles by Fret Pickle company. Eleventh price, one esse eats, by Albers Bros. MUilng company, ana one ham by l Bi. ciair rronsion company. Twelfth prize, one case triscolt, by Shred ded Wheat company. - Thirteenth prize, one ease assarted relishes and one kit fancy sweet pickle by Knight I racking company, ana one-nair aosen Brant' A-l sauce, by Soohn & Russell. fourteenth prise, (one-nan aosen brooms by Zian crvuiera. Public Speaking - Work to Continues t. i j M.: 1 JPlan WU1 Be Extended a TT. JO. O. A. XTntU Haxt rail; Classes lor Be- gtaaers and Advanced Students. Public speaking work at the Port land young Men's Christian Associa tion will be extended next fall. Pro-1 feasor W. -O. Harrnigton, head of the department . of English and public speaking at Pacific University, Forest Grove, has beea engaged to take charge of this branch and will organize two public speaking clubs.. One of these clubs will be for be ginners and the other for advanced students. They will meet on Tuesday and Thursday nights throughout the fall and winter. Registrations are al ready being made with B. C. French,! the educational director. . .Professor Harrington Is an experi enced Instructor. He is a graduate of Boston university and of the Emerson College of Oratory. Before going to Pacific university Tie did considerable 1 teaching In eastern colleges. At Pa-1 elfio his students have won nine out of It debatlne and oratorical contests, competing fjivthe leading - institu tions of tA"J - lacif ic .Northwest. One-Story Structure, Modeled From Ulicrtlan Parthenon, to Be Most g JieautlfoJ on Coast and Vtlll Be or tn c ana .Pps-wiatUDs:5 will tirectted on parceput tne sonwiwest c tark streets was made1 A. I. Mills, president of ional Bank. story brick, occupied by J. G. JIack & Co., now stands on this site. Plans for the new building:, which is to cost between $300000 and $.400,000 Con template the removal --pf the present structure within the nest three months nd completion of the bank building; nam a year or tne beginning: of work 'he new buildtnjgf Is to be; used -e lyciy .oy the Kirst Jatlohal B lec. as Lt v5&J)e nft of thA r-C' h oneTslory.. ennancy 12 than Januarj Our new hi moot up-to-; architecture . can find ar It will b two cr tl will be tl elusive! Inapt "We have and ex pen a I purpose of growth of Pc First Nations banking Inst ics, had 000. and power Ju. then. 'X desli a saving I ions of This is tlons for a trust d from would , suoh, under and. 'Omni flee The taking over of Our Lease by the First National and Secur ity Savings and Trust Banks demands that we dispose of our $ 1 SS,OOONewStockof Floe Fuirnitore, Carpets, Rugs, Draperies, Etc. immediately. Building to be torn down as soon as this is accom plished. ' We therefore announce a ami: Beginning Monday Morning at 9 o'Clock fx IT .the Bubllsheo ar5regonl ect been regonlaa. v-Mr.' Mills, in his annowtcement yes- 'terday. id that! the - consolidation would become effecttve on. Juljs-x6. and rav further detail of the jnerger and of the plans 'for thejlirfjding. ' Mr. .Mills wllLbe-praaldent of the new eonsolidattitFlrst Katl6nal.'BarJc C. 3 AdaiffaV president of the, Security. vill become a vice-prealdeht. and K. A. Wyid, V "Mjreeldent eu port today. shows i tte ii;.4 baa $3I4J13.! funds.' the school The $41,011. fund fa 12,1 fror. From the Oregonian, issue of Julr fSth Every article of this most complete and new stock purchased last Fall to replace the stock - damaged in the fire which occurred in our building night, of June 10th, 1913, is to be disposed of at Astoundingly , Low Prices The. Hih-Grade Furniture proouctiona of such well- known makers as Cowan of Chicago, and Berkey & Gay of Grand Rapid will be of fered in this sale at prices well within range of those asked for ..the ordinary kind of Furniture, Selections will not be held - for future delivery. No ex changes. - Delivery will be made at our earliest possi ble convenience. All Fixtures for Sale Watch for further announce ments regarding this CIos--ing-Out Sale. : v