Medford mail tribune. (Medford, Or.) 1909-1989, August 01, 1914, SECOND EDITION, Image 6

Medford mail tribune., August 01, 1914, SECOND EDITION, Page PAGE SIX, Image 6

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Newspaper Page TextI' .it $, ? ' i '-rt TH3JS nx MEPFORD MAIL TRIBUNE, MRDFORPrOKKaON'.SMMIRPiV.Y. .AUQUSf,, J,.. 1014 ' ' 1 ' '..' . !. 1. I ' ' ' .' it1. lj iii.l""M' i ftM y fi i J L.m in. ,i ! ii.mi, ..-fc , ... .ii 1 i !. i.i ,.i P. i i.i, M...Jlili.l.w..W-il-lliiM'MIMiil..1ll.l.AlMMHW EXCHANGE'SCLOSING HEADS OFF DANGER OFHCIA L PANIC NKW YOHIC, Avtr. 1. After four dnys of. severe iiiiiultlcinciit re-ult-Jinr from tlic Aiistro-Scrvinn Mtuu- tlon, Ihe New Yoik slock c.elinn;c decided lo discontinue operations nml yesterday cloed for nit indefin il period. Till decMon wns not reached until shortly before the op enliijr lionr, when Icndiuc; bnnkinj; in-Icie-dH ndvl.icd tlic cxrliniigc tlinl tiny otlior course might endanger credits nml put tho entire finiinrinl structure of the country to tc.t lie yond endurance. II is altogether likely tlml Iho ex change, iniisht luive proceeded to do Iiumiicsf, regardless of the more lnrnneing war outlook, hut for the fni't thill the closing of the Loudon exclmngo left it in n im-ilion where if would have hnd to absorb tho stock offerings of all the world's markets. This, it wns reasoned, would have resulted in a titanic wave of selling, whieh would have depressed prices to n panicky level. The preceding day of the week were n succession of more or Icsh convulsive movement! which had their origin Inrgcly iu the heavy sales of our securities by Loudon and the continental markets. The one topic of discussion ami cause for appre hension lay ncross the water, all do mestic factors, such as the crop out look, mostly in tho eastern freight rate decision and the quarterly state ment of the United States Steel cor poration, sinking into the back ground. Tho heavy selling of stocks at steadily diminishing nines wns ac companied by demoralization in for eign exchange and the imposition of nlmo-t prohibitive "war risks" de manded by tho marine insurance companies for shipment of gold to London nnd Paris, which again at tained largo proportions. A number of foilurcs on the stock nml collon exchanges followed the locing of tboe institutions, but it is believed that more disastrous ef fects would have resulted but for the suspension. AMERICAN BANKS STOP EXPORT OF 10 EUROPE 0D NKW YOKK, Aug. t. Determina tion ot American bankers to prevent the exportation of more gold to Kit rono may make It extremely difficult for the 300,000 Americans abroad to get cash for their Immediate wants. It was Indicated today In reports from abroad that In the eent ot a Kcncral war and the suspension ot payments by the banks it would be Impossible for Americans to get cash on their letters of credit or travel lers' checks. Express companies, members ot the American Hankers' association and representatives of foreign bankers have announced that they have ills continued tho Issuance, of letters ot credit or tho salo of travellers' checks, because, it was said, It was Impossible to buy foreign exchange to cover them. The express companies and banks announce that every effort would bo made to Insure payment on alt out standing checks. They explained that they had sufficient balances abroad to meet those demands. HIGH PRICES FOR iSTRIA CALLS TOURISTS CHARGED RUSSIA ENROLLS BY STEAMER LINES Nl'W YOKK. ,inr,. I. Susmmmou iwis on orders received from the home, offices of the Oiuurd line nnd (he .Intel national Mercantile limine in Illinium). Hundred of poisons lud engaged passage. The compan ies.. iiunounenl the passage money would be refunded. LONDON. Aug. 1.-American ourists in Knglnnd entirely gave up their sightseeing trips today 'anil flocked to foekspur street, where the headipiartcrs of the trans. Atlan tic steamship couitiiiics are situat ed, to try to hook passages home. The Cunnrd, the White Stnr and 200.000 RESERVISTS El A HM E !- -V WAR SITUATION VIEWED GLOOMILY IN FRENCH CAPITA L Nl'W YOKK. Aug. I. -OCtiehil Ju. "ice- was received today nt'tlle'Aiisk (ro'lluiigiirSaii consulate lioio that (he reserve had been called for gen eral luobilixntlon. Two hundred thousand Austrian's end Hungarians, ll wns nid nt Iho consulate, would therefore innuediatelv be called on to return home from this count fy and join the colors. How to get tho 'JMkOOO men. buck lo Austria-Hungary wits a problem officials nt the consulate were try ing to solve. It was at first planned to hne the reservists Miil from New York on Italian steamers. These miibnmfartnn was. to .return to French foreign ofrfco'niinlh til 11 other Urilish and the Dutch lines did I steamers, however, it was said at EDSON NOT SEEN IN KLAMATH COUNTY KLAMATH FALLSf Aug. 1. Sher iff O. C. Low thought bo had lo cated one Kdson, wanted at Gold HIU for taking two horses not belonging to htm, for leaving unpaid bills and on other charges. Sheriff Low even went to tho trouble of a trip to Fort Klamath only to dlscorer that tho suspect there was not tho roan wanted. Sheriff Low now is suro that Kdson is not In this region. Kdson left Gold Hill about a week ago without bidding his friends adols and since then has not been seen or heard of, at least, by tho authori ties of this or Jackson or Josephine county. He is driving a team of horses that are not exactly fat and a wagon that is not exactly new, nut ho has not been seen here, says Sher iff Low. ALLJOERVISTS ST. PKTKHSHUKO, Aug. L Kn rollment of the rcservNU of the Russian army started at a hundred centers in the Htisinn capital at 0 o'clock this morning nnd was accom panied by stirring scenes. Crowds of women mid children accompanied their husbnnds and fathers to the assembling stations, while priests everywhere blessed the reservists ns they marched through the streets singing hymns. EVANS VALLEY BRINGS GRAIN EOR 1915 EAIR un immense business, accepting many passengers who had intended to sail on Ilnmburg-Americaii liners, all of which had been definitely withdrawn from the service. Maximum rates were charged by all the companies and mniiv passeu gers paid high premiums for tickets to hoe who had them bought pre f erred taking the profit in the hope ot getting home later at a lower rate. The French trans-Allnntic line and the North German Lloyd still ac cepted bookings for their passengers today, hut most of the would-be passengers seemed to prefer Hritish vessels. Thomas Nelson Page, ambassador to Italy, who had booked on the Itn Hrator, decided today to return to Home in view of the critical situation. BEING HELD TODAY PETROLEUM EXPORTS TO EUROPE STOPPED NKW YOItK, Aug. 1. All exports of potroleum and other oil products destined for Europo have been stopped by tho Standard Oil company, such commodities being considered contraband of war. Several Stand ard Oil tank ships that were to Icavo Atlantic ports today have been or dered to remain at dock. Hogue illvcr and Kvons creek vat ley contributes samples of grain for Sau Francisco fair. Editor V. It. Drawer of tho Itoguo Illvcr Argus caruo staggering into the exhibit building yesterday with a load of grain and hay samples that have been selected by his patronB for display at the 1915 fair. Rogue Kiver and Evans valley farmers may well feel proud of their excellent farm products. The con tributors are: Fred Minthorn, vetch, wheat, oaU. rye; "W. H. Slsson. wheat; George Martin, vetch, wheat; Ed Boyd, wheat, timothy; Mrs. Ida Macgcrly, wheat, oats. Tho Commercial club wishes to thank these people and Editor H row er for their liberal rcotie uiid In tcrcst. LOUISVILLE. Ky., Aug. 1. Inter est In tho warm campaign that has been woged by former Governor J. O. V. Beckham, Hopresentnttvc A. O. Stanley nnd Governor James I). Me Crcary, for tho democratic nomina tion for the long term in tho United States scnato and in vigorous con tests In several districts for nomina tions to congress, was oxpectcd to bring out a largo vote today In tho statewide primaries ot Kentucky democrats, republicans and progres sives. In addition to nominating two candidates for the United States senate, one for tho short term from November to March 4, and one for the regular six year term beginning next March, tho three parties were to choose candidates for 11 seats In con gress, and a Judge ot the state ap pellate court. JAPANESE NAVY READY EOR SERVICE GERMAN AMBASSADOR LEAVES PARIS TONIGHT LONDON, Aug. 1.-Information j encjied the French embusy here today Unit (hu (leruiun itmhaxgador in l'liiis Iiiih intimated that hu pur Iocd leuviug his pot tonight. PELTON AND L00?LEY POISON THEIR COWS FOJIT KLAMATH, Aug. 1. Kiuht lieud of cutllo belonging to Junius J'bJIiiu and Ired Loosloy have been kilM by outing poUouud out, The poUonud oaU had buwi bet out on (lie CulvornoH plane, where JVIton iul Looftltiy wure pwHtuiliig cuttlo to kill prMtMhpjijwrtf, but lbs cattle ffWNtj Ike rln miA deioiuid it TOKIO, Japan, An;;. 1. -The Jap anese navy has been prepared to meet any emergency and the minis ter of marine, Vicc-Admiral Hoktiro Ynshiro, today went to Nikko to con sult the emperor on the international situation. In the meantime the sec ond battle squadron hu aeinb!ed at the naval station, Hasebo. The Japanese, government has postponed its proclmution of its neu trality between Austria-Hungary and bervin, and is in constant communi cation with the llrili-li government. ACCUSES LAWYER OF APPH0PR1A1ING ALIMONY A warrant has hc.-u issued in the court of Justice Glenn 0. Taylor, upon compluint of .Mrs. Georgia M. Kcholl of Central l'oint, charging Attorney O. II. Uiwlor of this city with embezzlement. Tlio warrant was Hworn to Thursday, through Prosecutor Kelly, but has not been served, bccuiine of the constnble'H ubsence. Mrs. Kcholl alleges that Altornev Liiulnr appropriated alimony amounting to $40, collected from County Clerk Gardiner, uh her ntlor ncy, and failed to turn tho money over, ANK OF FRANCE RAISES ITS RATE OF DISCOUNT I'AHIH, Aug. 1. Tim Hank of Franco jmlny mixed lu ilUcoiiul rale from -JI-J to II per cent and iU tnt for Imiiuf fim i'i tffi 7 pur, cent. Tbn Imiirtit wux ihuhi. lull SUNDAY SCHOOLS TO PRAY FOR PEACE NKW YOKK. Aug. 1. -Thirty mil lion members of the World's Suuduy School association, scattered throughout tho world, have been called on to pruy tomorrow for peace. Tho call for tho caco pray ers was issued today by Sir Robert Laldluw, president of the ussociu lion. the consulate, would nave to pass Gibraltar, where tbev might be selxcd by KnglmnI nnd the reservists taken ns prisoners of war. BRITISH MINERS OPPOSING WAR CAKD1FF, Wales Aug. 1. -The executive council of tho South Wales Sluiers' Federation ret used today to accede to the suggestion of tho Brit ish admiralty that the miners in the collieries supplying esscls of the navy should work ou Tuesday and Wednesday next, which had been ar ranged us miners' holidays. The council took tho ground that it wns not necessary for defensive purposes for the miners to work, and they de clined to encourage Hritish interven tion in n KuroHan conflict. The members of the council sug gested that this was an opportune moment for the miners of Hiiropc to force on tho government their views condemnatory of war and urged the culling of n convention of miners of nil nations with this object in view. TELEGRAPH LINES TO GERMANY CUT , I'AUIH, jAug. inarm .Von Siihncii, ' .(leruuut nmltadbr )J i.. :. ...n.i .fl.i...l ... .i ' Ai. office and fromler Ylvlnnt, then at tending a cabinet council nt the. Palace of tho Elysco, left bis col- leagdes and had half nu hoMr's con fercuco with tho German diplomat. It was afterward announced that tho Ilia tha af ternoon. . Tho conventloii gave Hj to nu Im pression that hopa of peaco must not bo considered Irremediably gone, but It was admltcd that tho situa tion wns very gloomy, Nothing was known among the general public ns to what was going ou behind tho scenes which fell alotu tho Germnn frontier yesterday after noon. Evoryouo supiKised Gorinnn mobllUatlon was In progress and that tho French government was tak ing tho proper measures to meet the situation. Many weddings were performed )estorday and today, having been has. tened owing to the proupcct ot tho bridegrooms having to Icavo for the frontier. The churches wcro full of wor shippers, among the in many women. , i , in nm , ni f .in I ii 1 i i i . ., it Behling's Low Shoe Sale Commences j j londay, August 3rd ctf ig s 8loa 6lor ' I '' i. i1 1. DISCOUNT RATE RAISED NOW TO TEN PER CENT LONDON, Aug. l.-The Hank of F.nglaud today raised its discount rate to ID per cent. NLW YOKK, Aug. 1, The French Telcgniph-Cable cumpuiiy announced today there was little likelihood of messages for Geneauy reaching their destination over its lines, ns ull tel egraph wires within Germany had been cut. Message to German Kints wcro accepted at the sender's risk- The Power of Our Powder Is welt known. Thou sands of women have . learned It rntscs tho dough thoroughly, leav ing It light, moist, and delicious. VALUABLE ASSET An account with tho Jackson County Hank U a valuabln asset to any oung man or woman, It speaks volumes for character and good management. Your account Is cordially Invited. i Interest Paid on Savings Accounts. 'Jl i interest raid on Savings Accounts. l M QVCW ff VKAW UNDKW ONC MANAOf MINT fl tgSrj Everyone Should Read Bulletin 103, U. B. I)opt. or Agri culture. It settles tho question of aluminum compounds in baking powder. Wo mail copies oa rcuet Crescent Mfg. Co., Hcattlo, Wash. Urban in id ititoriirlmn iiiou find tho Ftifd a faithful friend. For tho qutak trip into townfor (ho leisurely rido through t'onntryHitlo for hiiHinoHs for plcasut'o anywhoroovorywhoro tlm Ford HorvoH lOHt. And it's liht, rlRht, dopundahlo aild im-oiioiii-ioal besides the Ford servietj Al ways. f&IS la tha pries of tha Kord runabout; tba touring car Is 1146 f, o. b. Medford, complala with aulpmsBt. Oat catalog and particulars froas C. E. GATES BPAItTA HUILWNO. MKI)F01U, OfUC TO NEW YORK PHILADELPHIA, Auf. 1. Thirty million dollars in double caglo gold coins was shipped today by parcel post from tho Philadelphia mint to tho sub-treasury in New York, mak ing a total or fifty million forwarded since Thursday. It Is bald twenty million moro will bo sent on Monday, Cant of lliunks Wo dcslro to express our heartfelt thanks to our many friends and noghbors, who so kindly assisted us during tho Jllncss and death of our darling baby, MIL AND MILS W, F. QUI8BNHUUY MIL AND MItS, II, C. IIUUUBSa MIL AND MUH. J. WOLD. 313 aam. iV gaHHal bbV ELECTRIC FARMING What One Gents Worth of Electricity Will Do (At Ten Cents Per K. W. Hour) Separate. 700 pounds of milk. Churn 10 pounds of. butter. ' Milk ft hows. Elevate 5 bushels of grain 19 feci iu ft minutes. Keep soldering iron hot 40 minutes. Keep half pint of gluo hot for ft hours. Operate forgo blower for 2 hours. Operate farm grindstone for 30 minutes. Operate portable drill for 20 minutes to 1 hour. Clean 4ft0 square feet of carpet. .Raise IftO gallons of water 100 feet. Operate a sewing much ine for 2 hours. Operate a 12-iueh fan, fur 2 hours. Run a domestic buffer V hours. , ........ I r. !1 J f r . i H fa IS THE CHEAPEST TO INSTALL, COSTS LESS TO OPERATE, IS "ON THE JOB" AT ALL TIMES-DAY AND NIGHT For further information citll at our office or-pbone' Patron Lo I loose Oy smoking ML Pitt, the best Gc clgur on tho market. SEATS NOT ALL SOLD Tint report Unit nil heula nru i.od for "Oiimr, tlio Tent iimker," U crroiieoiu. Tlmro lire iilenlv of unml seats nt the tbwter bv, pre. i California-Oregon Power Company 216 WEST MAIN STREET X ifiBp Phono 108 iMedftmlOiogoii i i iir ' 4v M I m -y N j ft 'lrv KM 9 'Uotu'lojirf, jDbTKS3E'K"L"!TiiiWJKI