The Dalles daily chronicle. (The Dalles, Or.) 1890-1948, June 25, 1895, Image 1

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    CI)
VOL. VIII
THE DALLES, OREGON, TUESDAY, JUNE 25. 1895.
NO 149
BONDS OF PORTLAND
The Credit of the Hetrbpo
lis Very High. .
LARGE PREMIUM
PAID
Cmmoalu la Honor of the Lata Frul
tent Carnot of France T.l
graphlc Notes.
- Pobtland, Jane 24. That Portland's
credit not only at borne bat abroad
standi as high as any city in the land,
: was demonstrated at noon today when
the bridge committee opened bids , for
tne purchase of $200,000 bonds. The
members of the committee, Messrs. Jay
V. Beach, Sol Hirsch and N. K. Wee,t,
met in their ofEoe in the Chamber of
Commerce building, opened and inspect
ed the six bids which had been submit
ted. The following are the bidders and
the prices offered for the bonds :
W. & J. Hays & Sons, bid par, interest
and premium of $28,847. ,
Firet National bank of Portland, bid
for $25,000 of the bonds, $112.65 and ac
crued interest.
Cashman, Fisher & Co., of Boston, bid
par and a premium of 15.65 per cent, be
ing 115.6 and interest, or $331,300 and
accrued Interest for the $200,000 bondp.
Commercial National bank of Portland
bid $226,600 and interest.
' EXtr. Rollins & Son, of Boston, bid
$122 and accrued interest.
W. Harris & Co., of Chicago, bid
$230,643 and accrued interest.
.The bid submitted by Cashman, Fish-
i er & Co., of Boston, being the highest,
V frill be awarded to that firm. This is
tne mgneet premium ever paia lor any
bity bonds offered for sale on the credit
of Portland $31,300 for $200,000 of
bonds. At that rate the city will pay
about .4 1-16 per cent interest premium
The net profit to the investor will b
4.10 per cent per annum for 30 years.
These bonds are to be - issued in do
nominations ot shhju, payable 30 years
from date, and bearing interest at the
rate of 5 per cent per" annum, payable
on the firet days of April and October of
of each year, principal interest payable
in United States gold coin at the office
of the treasurer of the city. These bonds
are to be paid for and delivered to the
purchaser at the city of Portland, the
bidder to pay the accrued interest from
April 1 to date of delivery, in addition
to the price bid.
These bonds are issued under author
ity of an act of the legislative assembly
of the state of Oregon, approved Feb
ruary 21, 1895, and will be issued and
delivered with coupons attached for in
terest from April 1, 1895,. The validity
of the bonds and the authority of the
committee to iesue and sell; them have
been fully' affirmed by the supreme
court of the state,' and no conditional
bids were received. The high premium
paid for these bonds shows that the
financial credit of Portland never stood
higher than at present.
Millions In Gold Mines.
Nw Yokk, June 24, "Millions "of
dollars have been invested in gold mints
in the past few months,'-' said John Mc
Donougb, president of the First Nation
al bank, of Creed e, Col. . "A carious
proof of the solidity and conversation of
the investors is the fact that they do not
allow these deals to be made public if
they can help it, the odium attached of
late years to the mining business being
, great as to almost affect a man's credit.
This spring several large gold properties
have been purchased by New York and
Boston capitalists, but these men adopt
a different method to that in vogue a few
years ago. The days of wildcatting in
this country are practically gone. In
vestors nowadays first make sure of the
presence of an ore body. . They pay for
ore in sight. That is the method which
Highest of all in Leavening Power.
has made David Moffatt, of Denver, and
other miners so wealthy. The capitalists
step in with the cash required to to bring
the ore to the surface. Deals have been
put through this ; spring in California,
Idaho, Colorado, Montana and Arizona,
tomejof tnem running over a . million
and a half dollars. In Europe, especial
ly in Paris, London ,and "'other money
centers, there seems to be' a . running
craze, bnt that is for south African
stocks, and we do not want any of that
excitement over here, as it discredits the
business aspect of the mining world."
- 'A Gratifying; Showing. .
r Chicago, June 24.-The. wages of not.
less' than 250,000 men in the United
State's have been advanced materially
within tht last 90 dvys. Careful Inqniry
throughout the country indicates an ad
vance averaging 11 per cent. The
Chicago - Tribune has compiled a ..list
which embraces more than 250 firms
which have witbin the last few weeks
advanced the wages of their employes.
A notable feature of this great industrial
improvement is that the wages of these
250,000 men have, with hardly an ex
ception, been advanced voluntarily by
the employers. . The season .has been
remarkably free from strikes. Employ
ers have shown a spirit of willingness
to share the results of the era of general
prosperity which seems to have pet in,
without and delaying the division of
profits until labor grew impatient.
In Honor of Carnot.
. Paris, Jane 24. In the presence of
enormous crouds the anniversary of the
death of President Carnott was observ
ed today at the Pantheon with touching
ceremonies. In the offical cortege were
President Faure, Challemel Lacouer,
president of the French chamber of dep
uties, followed . by cabinet ministers,
ambassadors, senators and deputies.
M. Faure, In depositing a crown on the
tomb, said: "la the name of the re
public, on the day on which is renewed
the mourning1 of the country, I lay
this crown upon the tomb of President
Carnot." ' The religious ceremony took
place in the church La Madeline, at. 11
O'clock. ' l ' .
Kinfcaley Notes."
Born June 24th, to the wife of Geo.
friend, a 9-pound boy. With proper
care George will recover. He would
consider it a favor if someone . would
kindly mail him the words to the song
entitled "Papa's Baby Boy." He needs
them in his business.
Mr. Emile Scbanno'of The Dalles, was
the guest of Mr. and Mrs. J. C. Thrall
last week. .
Hugh Morehead has the boss "poke"
for preventing horses jumping fences.
Now if be caninvent'eomething to keep
hogs from roaming around, bis fortune
ismade. - -;
Miss Maggie Kelly -was visiting with
friends In Kingsley last week.
Miss Mamie Callahan has been quite
sick the past week.
Mr. .John Ward of Wapinitia, was
shaking hands with his many friends in
Kingsley last Monday.
Miss C. Cline of Woodburn is visiting
with Mrs. E. L. Boynton. 4 '
Mrs. Thomas of Woodburn, Or.,', is
visiting relatives in Kingsley,
.. Mr. I. Butler took, a flying trip to
Wapinitia last Monday. '
- Chas. Fraley informs us that fall grain
is suffering considerably for Wantof rata.
Charlie is not kicking, but says if we do
not have rain soon well, we won't,
that's all. - .
- Last Saturday was quite a lively day
in our usually quiet place. Five fights
were seriously talked of at one time.
Only for the presence of mind of Mr.
Wesley Schutz, we might , have bad to
chronicle a sad ending to the day's en
joyment. The Wasco Warehouse Co. have on
sale at their warehouse Seed Wheat,
Feed Wheat, Barley, Barley Chop, Oats
and Hay. Are sole agents in The Dalles
for the now celebrated Goldendale roller
mills flour, the best flour in the market
and sold only in ton lots or over, tt-tf
Latest U. S. Gov't Report
" ffN " "': ' ft "
This is it
This is the new shortening or
cooking fat which is so fast taking
the place of lard. It is an entirely
new food product composed of
clarified cotton seed oil and re
fined beef suet. . You can see that
13 dean, delicate, wholesome,
appetizing, and economical as far
superior to lard as the electric
light is to the tallow dip. It asks
only a fair trial, and a fair trial
will convince you of its value.
Be sure and ret tbe Erennlne.
Bold in three and live pound
pails by all grocers. Made by
THE
N. K. FAIRBANK
COMPANY,
' ST. LOUIS and
CUcace, Hew York, Boa ton.
William Visited tbe New York.
Kiel, June 24. Emperor William re
mained on board the TJuited States
cruiser New York, yesterday .
. While in Stockton Cat., some time
ago, Thos. F. Langan, of Los Banos, that
state, was taken ..very severely cramps
and diarrhoea. He chanced to meet Mr.
C. M. Carter, who was similarly afflcted
Ho says : "I told him of Chamber
lain's Colic, Cholera and Diarrhoea
Remedy, and we went to the Holden
Drug Store and procured a bottle of it.
It gave Mr. Carter prompt relief and I
can vouch for its having cured me.
For sale by Blakeley & Hoohton, Drug
gists. : ., ' . '. ' -
Travelers And a safe companion in
De Witt's Colic and Cholera Cure. A
change in. drinking water and in diet,
often causes severe and dangerous com
plaints. This medicine always cores
them. . Snipes-Kinersly Drug Co.
A Splendid Offer.'
Our clubbing arrangements with the
San Francisco Examiner entitles those
subscribing for that paper in connection
with The Chhoniclb to all the benefits
of . their premium offer, that is a nam
bered receipt ana choice of premium
pictures. The price of . the Examiner is
$1.75, the price of Tax Chronicles $1.50,
and we send you both with all privileges
as above stated lor one year tor yz.lb.
- Notice.
All persons are hereby warned not to
purchase that certain note given by the
undersigned in favor ot Mrs. feari Ularfc
for the sum of $3,000, dated March 26,
189o, nnd due in nye years alter date.
Said note was given without considera
tion, and will not be paid. -
Dalles City, Or., June 13, 1895.
jan!5-lm J. F. Gomkz,
There is great danger in neglecting
Colic, cholera and similar complants.
An absolutely prompt and safe cure is
found in De Witt's Colic and Cholera
Cure. . For sale by Snipes-Kinersly Drug
Co. '- : - : - , .
Fay the County Debt.
All county warrants registered prior to
Nov. 1st, 1891, will be paid if preeented
at my office, corner 3d and Washington
streets, The Dalles, Or. . Interest ceases
after May 25, 1895.
WH. ftllCHELL,
Connty Treasurer
. Notice. . . .
All city warrants issued since Feb. 1st
1895, will be paid upon presentation at
my office. Interest ceases after this
date, June 4th, 1895.
1. 1. Btjbget, ,
. 1 " ' , - ' City Treasurer.
Whan Befcy waa sick, we gave her Oastoria.
Whanehe was a Child, she cried for Oasteris,
Whan she became sties, she chag to OassorW
v.L . ,. j. .. L .- v .. j".'.''
opecials
We Wish
Boys
... ' Pure White,
The perfection biand-
mer
Jfor lafaaita and Chlldreau
- Cajitorin. promotes Plgtiosw and
overcomes Flatulency, Constipation, Sour
Stomach, Diarrhoea, and Feveri&hneas.
Thus the child is rendered healthy and its
sleep ' BtimJ. Caatoria contains no
Iforpitine or other narcotic property.
"Cartoria to well adapted to children that
I reoommrad It aa superior to any prescription
kaowu to me." H. A. Aicut. M. D-,
111 Sooth Oxford EC, Brooklyn, N.T.
Tor seraral years I haye reoommenoedyonr
Outoria, and shall always continue to do en,
as It has Invariably produced beneficial renilta,
mrn F. Pardks, M.
125th Street and 7th Ave New York City.
"The nm of 'Caatoria la so nnlversal and
Its merits fo well known that It mma a work of
supererogation to endorse It. Few are the ln
tehi)rent families who do not keep Oastoria
within easy reach."
Oiaroa JLxwm. P. P
' MewTorkOlty.
In Osarctga OoanaaT, TT Itanrny Baiest, K.T.
IJr. HUee'Nnva PraraBScure BHST7MA.
TIBU. WAK BACKS. At drusfcista. only So.
tAAVtA-f
24 GoIofs
Two Cases
V Tailor-Made Suits,
Just Opened. "
todies', Gents' Children's
,. ; Straiglit from tlxelr Maimers
Boss Cash Store; X
to call particular, attention to
Sweaters at
Heavy Ribbed, Full Fashioned.
5
Mens Sweaters at
Grey Mixed. Full Sized.
We show a strong line of white, navy and black,
heavy all-wool Sweaters at $1.75 and over.See our.
See our special $3.00 light weight. ...
Gentlemens Leather Belt
The Proper Thing. : Rinpa and Buckles
leather covered. Try one. .
Gent'm's Sporting Shoes
A good, inexpensive and stylish Sum-
Shoe, in Black only
A M WILLIAMS Sc GO
FRENCH & CO.,
BANKERS.
TRANSACT AGSIfXBALBANKIKO B0SINI88
Letre of Credit issued available in the
Eastern States. "
Sight Exchange and Telegraphic
Transfers sold on New York, Chicago, St.
Louis, San Francisco, Portland Oregon,
Seattle Wash., and various points in Or
egon and Washington.
Collections made at all points on fav
orable terms. .
j. 16. Bcnict,
President.
J. U. PATTiasow,
Cashier.
first Hational Bank.
THE DALLES. - - ' - OREGON
A General Banking Business transacted
Deposits received, subject to Sight .
Draft or Check.
Collections made and proceeds promptly
remitted on day of collection.
Sight and Telegraphic Exchange sold on
New York, San Francisco and Port
. land. .
'. DIRBOTOKS.
D. P. Thokpsoh. Jho. S. Schinci.
Ed. M. Williams, Gko. A. Likbi.
H. M. Bball.
in Sanhs
of
Specials
our stock of
65c
ft -j- r Typ
nr c J , -
DOORS, :
WINDOWS,
SHINGLES,
FIRE BRICK,
FIRE CIxAX
LIME and
CEMENT,
Window-Glass
and
Picture Moulding.
ZEELV Q-XjIEj UST 3T:;
and Satins
6oc
Grand Show of
FELT and STRAW HATS.
Finest in the City.
Shoes
Whoa she had Chadrc.aeo garethsta
t