Site Spnilg stafcnt
ASTORIA, OREGON:
SATURDAY OCTOBER
Northern Paciilc Finances.
controlling interest in the stock of
the Oregon Railway and Naviga-
j tion Company and the Northern
Pacific. It also engages in build-
- i i i r J J :n
'0 1S53 I inff orauciius uuu itcuuis, uuu um
have a lease of the Oregon and
California Railroad when com-
Tlllard, Et AI.
San Francisco railroad mana
gers are reported as saying that
the threatened refusal of the
Northern Pacific to continue the
special contract system will have
no effect on roads west of the Mis-
souri river. Under me imu auc
tion of a private agreement the
Northern Pacific took a solemn
obligation, as the clause reads, to
maintaiu the present existing rates.
Thev claim that Villard will have
to do so until he gives the re
quired ninety days' notice of a
Henry VillaWs great excur- plcted.
sion across the continent, with his This arrangement being under
American and foreign guests, was stood, it will bo seen that the
conceived in the idea of making it of the Oregon and Trans-
a sort of triumphal procession, continental Company must come
such as a Roman conqueror de- mainly from its share of the divi
ka ; rttiimino-with the ends of the other two principal
snoils of a victorious campaign, companies, and that unless they
But it is doubtful whether the sue- make money the Transcontinental
cessful generalissimo of northern can't, iheretore, it becomes ttn
railroad enterprise enjoyed the portant to ascertain how the finan
realitvofthe affair so much as he ces of the several companies stand,
had its anticipation. Not to men- The following is the amount, in
r:c;,, nut nf round numbers, of the outstand-
UUII Ull"- ailUUIUILV.O Ulli.li.vu. . .... . I line.
the incompatibility of some of the ng stock and bonds ot each com- nQw n violation of the
foreign -uests. the pleasure of the pany, including the Slb,UUU UUU ot ment entered int0 nnd that
occasion for President Villard bonds pst put on the market uy he has proof that Villard offered
must have been marred by what the Northern Pacific: special contract rates to Portland
was transpiring in New York. He ST?v merchants immediately after the
had hardly left the -city before n3 . 24.000,000 close of the conference, the con
Gould and other powerful specula- Northern Paciflc 92,000,000 tracts to run to December ol,
tors, who. had evidently banded 0raland T"d." 40,000,000 lS8i He says he also has reason
together and were waiting their . ! ! to know that Villard committed
omortunitv,spranr out of covert Total $150,000,000 himself bv a promise to give
and fell with fury on the securities bonds. through rates on local tariffs. These
EMPIRE ST.fl
RE-OPENING !
Fine Goods "Reduced Prices
Ladies desirous of procuring Goods
unequaled in Style and Pinish .will
take pleasure in examining our
Stock of
Fresh. Fruits Vegetables
withdrawal from the compact. The SILKS, SATlJM S ailO. WW!.
d
reasons assigned for this propose
I action of the Northern Pacific are
that Villard wants to establish a
present contract system on his own
line. One manager asserts t hat he
IN THE
GENTS' FUSMSHIEG DEPARTMENT,
Everything is Complete
and of the best.
Jordan
of the Northern Pacific and its Oregon Railway and Nav
igation 0,000,000
matters will be considered at the
Have a Full Line of
G4,000,000 meeting at Chicago the olst, when
another commission will be elected.
Managers of California lines say
allied companies. It was a con- -v-nrtliRrn Pacific. . .
. --
certed plan to break down the Oregon and Transconti-
stocks of the new transcontinental nental w ' '
road iust at the moment of its com- Total $ 91,000,000 that if Villard will not confine him
pletion, and, if possible, to secure The incumbrance on the Ore- seif to the agreement he will have
a controlling interest in the prop- gon and Transcontinental includes to fight.
ertv. As soon as rresident n- the responsibility it nas io assume i
.i i.. o fL.J :kJa.c f th CaU- Tue extraordinary
lam uuuiu uulculij .-u, tiu iiui luu iiiucuicuuw v.
i.;.ncntrntnr Ti-nm liic oriif;t; mid I fornix ijnrl Orprrnn. Here is a
NEW TO-DAY.
Fosters
E
DD
decline in
the Villard stocks recalls to mind
himse 1 away lrom nis guesis aim lornia ana urcgon. uwu 13 , , L x, . - v i ti,
.J , .... -1- Mnnnnnnn the fact that immediately after the
wcutliying oacKto aew iwk grana toiai oi nj completion of the Central and
stay the mischief that was being 0f stock and bonds. Of course V
J : , , , -i j . ,. ., , i a Union Pacific railroads, nearly nl-
done and undo what had already the dividends on the Oregon and ...if
.,-1.- u m : :a u ra. teen years ago, the stock ot those
oeen accompiisueu. .unium i ransconuneiiiai aic (Jim - r'enccd a similar
cause Ylllard's presence restored handling the dividends of the other companies expene
. ?...,......, shrinkage in values.
the needed confidence, or because companies; but deducting so.-
thc bears had .undertaken more 000,UUl) from the total on mac ac-
than they could accomplish, the count, it leaves 210,000,000, a
panic was stayed, and the control fair rate of interest upon which
of the Northern Pacific will appar- must be paid out of the profits of
entlv remain just where it was b.e: the business, it the huge structure
fore, viz: in the hands of Villard's 0f credit which Mr. Villard has
friends. But this did not end the raised is to be unshaken. The net
troubles of the new railroad king, earnings of the system must be
A large floating debt had accumu- from 12,000,000 to $15,000,000
lated, and more money was needed every year from this time on. It
to build denots 'and feeders and remains to be seen whether these
branches. Consequently it was expectations will be -realized. Mr..
found to be necessary to make an- Villard is hopefui. He calculates
other issue of bonds to the extent on dividends of ten percent, on
of 1S,000,000, and this being un- the stock of the Railway and
expected to some of the stock- Navigation company and of
holders, they ..set up a chorus of eight per cent, on the preferred
groans and hisses to express their stock about half of the total
disapprobation. From being the stock of the Northern Pacific,
most popular railroad man in the This would be an unusual business
country, Villard has passed into for-a. new railroad system to do
another stage of experience, and even for a system having as many
has learned something ot tne bitter strings to its bow asnastne isonii-
ern Pacific. There is no likelihood
that there will be any enormous
crash, or that the control of the
system will be acquired by Gould
or any other persons other than the
Crockery Glassware,
Platedware, OitSerf,
Site.,
Etc-
Corner Ctami and. Mvrm Sis.
BANKING ANDJNSURAHGL
x. w. Gj9.se:.'
-- BROKER, BANKER
16. INSURANCE AGENT
-it a -vrr rm-cvrrvm I -VSTOlllA,
TO-NIGHT!
Finest fitted up Billiard'-and Sample Rooms
in the Citv.
.rts:'j.o hoe Mntnal taraice Co.,
n -j . OF CALIFORNIA.
Reaiy or Business.
j J GKO. I STOltr. Atfent for P-gm
1 ho t'ortiana ana Asiona
I nniini n-iiil mi in u. b. iroiiij
iSTEVEDOEE COMPANY
FEAIK L0 PAEKEE.
FANCY GROCERIES.
-4
W--. sr
A
CLARA PAMER
TKU :iniy to xw Captain. r to E. I. l'arker, Asent
Eugene D. Bjoch, Master.
or TOWING, FREIGHT orCIIAR
U. 15. l'AKKEK.
- - OKKGON
OFFICE UOUIUS:
FltOM 0 O'CLOCK A. SI. UNTIL :i
O'CLOCK P. M.
Tl
Capital paid up m U. S
coin
Is prepared to contract with nristTS and
consignees oi vessels ior uik
Loading and Unloading of Vessels
AT EITHEK POUT.
l'rouintness and satisfaction iniarautecd
in all cases.
For Rent.
milE. STORE LATELY OCCUPIED BY A.
S00 000 w
I. W. CVSK. Agent,
Clicnamns street. Astoria. Oregon.
Drugs and Chemicals
J.E. THOMAS J
DRUGGIST
AND,
Pharmacist.,
rr AST0RIA.C:
"h.i! M,, Montgomery,
IStTCESSOK TO .TACKIXS & MONTGOMERY.)
DEATiKB Jit
Tin, Sheet Iron and Copper Ware.
A General Assortment of
HOUSEHOLD GOODS.
Agents for
Blagee Stoves and Ranges
Tlie Best in the market,
i'mmbing goods of all kinds on hand. Jot
work done in a workmanlike manner.
PLUMBING, GAS FITTING, AND CANNERY WORK
Attended to Promptly on Reasonable Terms.
CSIEAAJII'S STKEKT. Xcxt to C. I.. Parker's Store.
E NEW MODEL
TH
$67,000,000 CAPITAL.
LIVERPOOL AND LOinON AND
GLOBE,
NOKT1I BKITISU AND MERCAN
TILE OF LUrJDUiN Ai u
EDINBURGH.
TlVfcSi""5.. fTOXTCECTICUT OF UART-
rnu'l'l'tru'or to ' C. 3. (SrXDEKSQX. FORD, AND
Stockholder's Notice.
TATinr tc nrvunv niVVV THAT THE
IM annual ineetW of the .stockholders of
as well as the sweet of the life of a
captain of industry-'
There is, says the -.'Ito, a gen
eral hick of "understanding of the
a r,.,.,.,.- nc Lo
orgau..atiuu. .t..u ..-.. or any otner persons omerwrnu ft, ritcku.gCo; 111 be held on
corporations which arc generally Dresent holders: but that the stock Wednesday. iv. 7. isw
known by the name of the iWth- s pecuiators of New York do not power
ern Pacific, even on the part of I believe the Transcontinental can before them. ..kaimi mit
VKAN'K N'OLIiEltR. 1 TVS.
about, them in the daily papers. Lds js shown by the decline of Astoria, Oct. c,kt. -"
Aim yet me coiutuuu.. the stock, which last year stooa at Administrator's Notice.
great corporate power is so unique par and yesterday sold at :37.
that it is worthy 01 stuuy as ine . Zi .,! r.r-,, ,T;,T7.r lipnrv tinier, dv
... i- .i I A "Rns-rftv official of the LlUOIl LmJ,! am Me nn:il account as sueli
most mieresung example 01 "'""-I-';' , . PxecUtor in the County Court of the Stat.-of
r ti.- . i -"At-ihr. savs there IS no uisposiuou or.ron fur rintson rountv. and tlie same
iinancierinjr. inu ilkzuvi a. . . . ; uA,tr., n Mnii.l:iv..Tanu
mere :innc ir :iwii nc utiini in u-mi
thereti. .
d5V JOH
FOR LIVERPOOL DIRECT.
PLUMBING,
Gas and Steam Fitting
Doxe r.v nrnnocic & avheelek. at
fair nites. Also a eomi'leU stock of
mMds in our line, hsu mates given aim
work Buaraiuceu. ,.
Cass street, in rear f I O O I buildmj
next to (!as Co s oince.
COMMERCIAL OP CALIFORNIA
FIRE1 INSURANCE COMPANIES.
Represontinc a capital of ??O7,O00.O0O.
A. VAN DUSEX. Aent.
Wilson & Fisher,
SHIP CHANDLERS.
DKATiKIlS IN
Notice is iikreky givex tiiatI Iron, Steel, Coal. Anchors, Chains,
tlie undersigned, executor of the last
TAR, PITCH, OAK.un-1,
NAILS AND SPIKES.
reader has onla vague impression o the part of ViUard's roads ,o 5M?fflK Shelf Hardware, PaiBtS and Oils
that the combination is an intri- abandon the proposed extension th :ipi)Car an(l e
i . . .. i ,i a i) r. imp
ern
..t nnp d that, the various com- to iiaker Utty. though tne u. av. a
panics composing it are a good N. Co. will not connect with the
deal like a wheel within wheels. Union Pacific on December 1, as
Ye't it is no riddle and can be ex- agreed. This is due to its joining
plained, in a very few words. Tt is forces with the Northern Pacific to
.;.,. nnmMnnrinn. .nnd its three push the completion of the main
frreat units are the Ore-on Kail- Kne. The Oregon Railway and
Tlie splendid A 1 British Iron
nip,
KILLOCHAN
Messrs. HALFOUR, G UTIUUE & Co.,
luniiiuu.
Or to P. U CHERRY, Astoria.
...... r o T-irv
iric.ii uuiu) xi ni i .... I 111 oe snnniy on inu uirini ioi .i.m.uu.i
i ...1 "VT : : f I IxaVlfaLlOn -rOIUUttllV 1 uciiuiui; iu iuui iu suu .Mupjrcis. riui.ittui' ...
roaa aim lxawmuu vjumpauj, c - surance apnly to
the Northern Pacific and the Ore- lls energies w uib uu,ii.iu.i
gon and Transcontinental. The the Baker Utty road, wmcn wm oe
first named is a combination of connected with the Union Pacific
ocean and river steamer lines and next spring. As an evidence of
local railroads in Oregon and the good faith of the Villard roads
Washington Territory; and the with the Union Pacific they have
Northern Pacific, as" everybody opened up their line to Oregon
knows, is the company organized and Was lington Territory, via
rn huild the frreat transcontinental Garrison, Montana, the junction
line from Duluth, Minn., to Taco- point with the Union Pacific and
STEAM PACKING.
PROVISIONS.
flouu and rwir.i. fi:i:i.
Agents for Salem Flouring Mills,
and Capital Flour.
.FAIRBANKS STANDARD
SCALES.
All sizes, at Portland Prices, in Stock.
Corner Chenamus and Hamilton Streets
ASTORIA. OREGON.
TOR TILLAMOOK.
THE
k J. I THOMAS, .
RANGE CAN BE HAD IN AS
TORIA ONLY OF
1
Prescriptions carefullj- conipounded
Day or Niglit. (
AGENT
CALL AND EXA3HNE IT, YOU
WILL BE PLEASED.
E.R.HAWES is also agent for the
Ml latent Cooling Stove
And other first-class stoves.
Furnace Worbt Steam Fit
tings, etc.. a speoiftlty.
A PUIL STOCK ALWAYS ON HAND.
Two doors east of Occident Hotel.
ASTORIA, OREGON.
HANSEN BROS.
Str. GEI MILES sash and door factory,
nZZTZZn - AKD PLANING MILL.
At C o'clock.
ma,b,i.Puget Sound. What, then, the Utah and Northern branch. rderS
is the Oregon and Transconti- The offieial says that the Northern YEU.kiamooic.CanL xAt Yaartx
CHAS. HEILBORN,
JIANTJPACTTJRER OF
FURNITURE S BEDDING
AND DEALER IN
Carpets. Oil Cloth, Wall Paper, Mirrors,
j Window Shades, Lace Curtains, Picture Frames and Mouldings
WINDOW CORNICES AND CURTAIN POLES
, Complete in every branch.
rrBX.' " .1. OUSTAFSOX. A-JOirXSON.
MARTIN OLSEN 8c CO.
DEALERS IN F
FURNITURE 3: BIDDING.
Comer 31am anil Siiucmoqua Streets. AHtorf a, Oreson.
lath and shingles, WINDOW SHADES AND TRIMMINGS; WALL PAPER1 ETC
In Quantities to suit at Short Notice a complete stock.
stoxe&davhjsox. PRTfl.S AS CHEAP AS QUALITY WILL AFFORD.
tf Ono. rurker II ohm.
ttt. t.-toik IMF FITKinTCTtE REPAIRED ABiI VAItRISHEI.
ISTAliLISIIWl 1.-.
AEMES & DALLAM,
Manufacturers ami Importers of
Wooden and Willow Ware
Twines, Brooms. Brushes, Baskets,
Palls, Tuns, t'I:ur us, "Washboards, Konc
Cordasr, "WrappinK Papers, Paper
Kns-s ttuiltllns Papers, .IXatcUcs,
Handles, Clothes Wrlnscrs, Car
pet SAVecprrs, Feather a ast
ers. Stationery, Vc.
230 and 232, Pront Street,
SAN FKAXCISCO. CAL
L. K Gr. SMITH,
Imnorter and wholesale dealer In
Isars and Tobaccos, Smoker Article
Playlns Cards, cutlery, sia
Tl,n larnut Mini fllliwf itlok Of MEEK-
ckii i iTAiVn.i AAiiii.i? tioniis; in tlinltv.
ranicniar aiicniion paiu i im;i mmi
un; couuirj. .
Tiieo.BKACKEK, Manaiter.
unenmnns sircei, AMrr.u jivk'
LUjMBER !
A full stock of home manufactured Roods
constantly on nanu
nmital? It is the dominant cor- Pacific and Union racinc are in
unmtinn of all. It owns but few accord, as.aainst southern lines,
railroads and no steamboats in its and declares that the Union Pacific
own sight, and yet it controls both in connection -with the Central Pa
of the other great companies. The cific and Northern Pacific, is in a
r- orwi Truiconnflnontfll ?c a Tiosition to do the bulk of trade
corponnion whiih was ora H ,P-Ca,.j U . take busing
for the purpose of buying up 11 1 lines.
FOR TILLAMOOK.
The new Steamer
AST01UA.
ana. Tjracucauv, tu tatvc uu.w- r i;;. :r;7 r thisti.kr. Main
out of the hands of the southern Utreet Wharf, Astorfa: allen & lewis.
I VArl inH . T T. HTY1K
X.P..TOnANSEX. - - - Master.
TCTOR SAILING DATES AND rAHlIUU-
Portland; J.L. STORY Tillamoot.
Cleaning Repairing.
NEAT, CIIEVP AND QUICK. BY
GEORGE IiOVETT.
Main Street, opposite N. Ixiob's.
Gr. A. STINSON & CO.,
BLACKSB51THIN6,
MAGNUS C. 0R0SBY,
Dealer in
HARDWARE, fflffl, STEEL,
Iron Pipe and Fittings,
PLTJMBEKS AXD STEAI FITTER5
Goods and Tools,
- SHEET LEAD STRIP LEAD
SHEET IRON T1H AND COPPER,
-5 5
3 cn
CO ?,
CO o
Ul H
At Capt.
KoRcrs old stand, comer of Cass
anil uoun airecis.
33 s3
rS tnS:
.2 a:
m.J ftmiiprv wnrk. Ilorseshooinc.
Wnmiiw m.ailR ami renaired. Hood work
guaranteed.
NOTICE-
TO GAHHSRYMEK !
I WILL MAKE BOXES NEXT SEASON
in any amount required, and guarantee
Iku-k tlii-iii sntisnnrterv in ever' resnect.
atv nrlri' for shooks will lie IS eents : for
nulled boxes l" cents. Any one wishing to
UiaKC a COIlinici ior l-u-sl- van rumi: iiu
.r I' TIMTT.T.T VflKU
oct I-2IU rroprietor West Sliore Mills,
ASK FOR
h0"nion India Rubber Co's
rure Para Gum
Stoves, Tin Ware and House! CRACK PROOF
Fnpnisbinn Goods. i cewake of imitations!
. . ... j
JOBBING IN SHEET IRON, TIN. COP
PER PLUMBING and STEAM FITTINC
Done with neatness and dispatch.
None Out first class workmen employed.
A large assortment of
SCALE?
Constantly on hand
Be sure the Boots are stamped CRACK
PROOF on the heels, and have the PURh
GUM SPRINGS on the foot and instep,
which prevent their crinB or breng;
We are now ihuivihk " "Y.fri"
AND ASBESTOS Soles which will make
them last more than twice as long as any
Wfiffife ALL DEALERS.
, ALL KINDS RUBBER BELTING. PACK
1G. HOSE. SPRINGS. CLOTHING,
BOOTS AND SHOES. Etc.
I COODYEAR RUBBER CO.
K. 11. PEASE, Jr. i Agents,
S.M.RUNYON, ) San Eranclsco.