The Daily journal. (Salem, Or.) 1899-1903, May 13, 1901, Image 1

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The Daily journal., May 13, 1901, Image 1

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Newspaper Page Text". " -"f mn m ittfln, THE DAILY " - Jt O ii VOL. XI r SALEM, OREGON MONDAY MAY 13 11)01 rr-af S3S V JOURNAL NO lis JBT MiriHiiiiiiiiiiiiIHBIIHIIIII(milllsBaIH8B 5 i Isaiem Mills 6oofl! M n, 2 w m m M aiuWBiBiU-uuuuuyj i iHRW Cloth, f 9 v B S B! EXPLANATIONS OF THE NOR. PACIFIC MYSTERY Different Theories as to the Real Ownership of the Property at Present. ONE SAYS MORGAN AND HILL, ANOTHER SAYS IT IS THE HARRIAUN'S A Mr. Schlff. Which Is German for Ship, Held the Cards While Jim Hill Thought He Held the Spadcs-Tlic Jew Firm May Dc Inside of Both of Them. to tho rcecuo of tho sltiiBtion and Uio difflculty iu rhlch operators and brokers who have given call for Nortlioni l'u. ciflc for tho end of May nnd July found themselves, is satisfactorily sottlod. RAILROAD BONDS HAVE BEEN LOST Somewhere Dctwcen New the Pacific Coast. York and & They Bolonsr to an Estate and Seem to Have Dropped Out of Sight, 5 5 THE LARGEST line in Salem. A minute inspection of our stock will convince you that we are showing the largest assortment of clothing of any house in the city. SATISFACTION IS GUARANTEED; CLOTH, FIT AND WORKMANSHIP. mm a m HOB COPvIMHJROIA.l B1 (HBHHHIflHHlBBBBBIBBRBHBIIIIfliaRBIHHBHHaH1BB7 RRAUSSB Those men's tan shoes at 2.50 are proving a feast for shoe buyers. - They are going fast and the time to buy is when the si'zps are not all broken. Come now. BROS Nuw Yoiik, Mny 13. Referring to tlio recout corner iu North Pacific, tlio Her ald today says: Tho Uuion Pacific in terests milotly becan buvliic tlio stodk through negotiations with largo holders. urcat rsortho rn Btock was uoobtalnnble. being very closoly held bv Mr.. Hill and his friends. Tlio control of Burlinclon has passed and the only property re maining available that had any voice In tho matter was Northern Pacific. Had It not boon for the friendship which Iibb oxisted for many years bo tween Jacob Schlff and J. J. Hill, it is doubtful If tho difficulty would have been precipitated. On tho uprtiah of prices holders of Northern Pacific, Including ofllcors and directors of that company, sold tholr stock, hoping to rebuy It in tho innrkot at lower prices. So far as is known, only ono of thosu sold short and ho, a holder of record for a lame amount unloaded his entire holdings and was caught short llvo thousand Bhares. Northern Pacific men Biiddonly learned tho true situation aa the result of a con. venation botwoon Mr. Schlff and Mr. Hill. Mr. Hill, it is said, was boast ing of his accomplishment of get ting tho Burlington and was comment ing upon tho bright proapocts of Great Northern as a reBiilt of tho ac quisition. Mr. Schlff Is ulloged to lmvo said in reply : . "Mr. Hill, wo have bten friends for n period of lb years and tho Ami of Kuhn, Loubit Company have financed tho Great Northorn Railroad time and again when its crodit was not as high as it is at present and whon tho nron- orty was vastly from its conditions now. "l liopo that tho friendly rotations. both personal and of a business, naturo will continue and It iu only in con sequence of our friendship that I toll you this. I think I owb it to you, Mr. Hill, to lot you know that vou and vour friends do not hold tho control of North orn Pacific. Tlio control of that road Is tho furious buying of Northorn Pacific was noted, In Now York, London nnd Berlin it was tho samo. Tho orders wro unlimited, either as to nricoor quantity. Tho conclusion seems definite that some of Mr. Hill's friouds had parted with thoir stock and werenotat tho time tho absoluto owucra of tho property, Nothinis elao could nossiblv otjilnin tho employment of James R. Keono by tho banking houso of J. P. Morgan k Company and the tromendous purchases of tha stock throuirh Street & Norton, who openly bid in 1G0.G0O shares and forced tho price up 24 points. "Hint Boino of tho buying camo from Kuhn, Loeb & Oomtnuy is not unlike ly, but what Is called tho competitive buying was not altogothor a contest bo twoon tho rival interests. It was duo in part to heavy repurchases of stock through n Broadway banklmrand hrokur- ago houso which handled tlw speculative accounts of some largo Interests Idontl flod with tho Northern Pacljlu proporty. It will undoubtedly tako somo time to doflnitoly settlo whoro tho control of tho property really lies. That tho contest is vory closo is indicated by tho buying by both parties of fractional sham loin throughout tho country. Both houses havo, iu addition to Btock, aomo con tracts and whoro the contracts rest it cannot bo stated' positively. More light will bo thrown on this point, howover with the arrival of tho steamship from huropo. NTKW YoilK. Mav 1.1. Lost pnmmvl.npn between this city and the Paciflo Coast lire Mrt.lHHI 111 rn rnn.l l..,,l- ...I.!. I. David T. Hartahorit nf Ilmntk.,, a anxious to find. Mr. Hartshorn is tho administrator of tho estates of Richard Lauor and Carolino M. K. Lottor. Mr. Laucr and Mrs. letter, hisdaughter wero residents of Brooklyn. Tho formor died on Mny 1, 18!U, in San Francisco. Ho trans ferred to his dauchtur. Mrs. r.ti..r na railroad bonds of tho value of $1000 each. .Mrs. hotter was with Imr fntlmmt iim tlmo of this death. Slio died in Rrook- iyn on .November 10 laol. Tho bonds lu question formed pat t of tho ostntoleft by her but the Administrator, Mr. Hartshorn has been unable to looato them. It is his belief that somo timo beforo hor death Mrs. Lottor doposited tlio boiulsln somo bank or safe donos It vault. eitlmrin this city.Chicago.Oinclnuntl.St Louis, Knneas City or California. Mr. Hartshorn has recovoroJ all tho ititr wit coupons bolonging to tho bonds, but lits efforts to trace tho homU themselves havo failed, This missing securities aro poven first mortgage bonds of the Texas & Poclflo Railroad Company. 2(1 first mnrim.n bonds of tho Chicago, St, Paul A Min- neupolis Railroad Company nnd tho first mortgage bonds of the Metropolitan Klovuted Railroad Company of this city. SILVER BULLION STEALING DISCOVERED 4. ana 20 Doctors dOI M V.i Can't cure an incurable disease. Nor can Ayer's Cherry Pectoral. But it has cured some most desperate cases, as you- can sec by the testimonial below. There is this peculiar thing about Cherry Pectoral : it cures slight coughs and colds, and it curcsthe hardest kind of lung troubles, also. We mean severe cases, desperate cases, chronic cases, such cases as no otner medicine in the world touches. "I mi given up lo die with quick consumption. I rapidly lost In weight from t38 to 98 pounds. I went to bed never expecting to get up alive. I had repeated hemorrhage, and my cough .e.med to bo beyond control. I then read of Aye Cherry Pectoral and began Its u.o at once. In nine month. I was back to my old weight, a well man again In evvy way. How can I thank you enough for giving such a life-saving euro f CitAULM K. IIartman, P.M., Glbbstown, N. Y. James R. Keono In an intorviow last night Bald: "I boliovo Morgan and Hill havo control of Northorn Pad lie. Hnmn time boforo tho so-called panic, J, Pior- pont Morgan A Company bought 180,000 Bhares of Northern Pacific uinnk i.lirnn.i, Talbot J. Taylor & Company. Tlio order iMwuxecuiwi bo quickly and with bo much suddenness that tlin m. rot, ,,.., wore iiiiuio beforo anybody could dolor 1II1I1U IIIHL WIHlt till, inn n . But a Plucky Sheriff Recovers Aost of the Stuff. Paiik City, Utah, May 13. Geo. Itedsull and Albert N. Nlles wore urrest (Ml today, chargod with stealing slher bullion from tho Mnrsac refinery. Thefts will amount to nearly $15.000. Groater position of the bullion was n. covered by tho aherlff today. MORE TIME THAN A10NEY Some peoplo have to spond, but if you have no time possibly you might like to Havo one 01 our una 15 jewel timekeep ers, as they do not require much money for the investment. Our stock of lino watches for ladles' and gentlemen is complete, and embraces ovory thing hi Klglu nml Wultham vsutclit'y. Turkish Difficulty Is Not Settled Pauih, May 13. A. corresoondent of tho Associated Press loarns on trustworth uni j ubiuu. urn uuiurui m nun roiui ih j-u "hui uiu uuyini; mcanll nnii.n.ln. i,. ...,i n... u..u I. Kuhn, Loeb 'Company, ofiico at StSffi?" - rll , VloZnTJ1 with foreign post o.Ilces, the I edto-them. ilZTr.. .W'" . K buying." ' "-i" iiiiiiuHuiiu in n iow nays oacKei uy u ri. . 'r:'. .,r. I naval demonstration. Iho runes says: "It was learned Into last night (ran a sourco thut should bo Chief Justice Fuller In Supreme Court In a position to bo well lnfnr..w.,i ti... 'f,win ,..,. ...,..! m. u......f .1 ,, .. .,. . ....v Miuuuiiiini .mi iimiviuii.ui iiurruu 111 tf... nHH.nl nlnnlili.l.l .. f. . . .. .. .. . ... ... bluu, hiiivhiiuiuiiie iniorcstfl in tlio v. H Ulrcult Court district of WaBh Northorn Paclllo of tho Hart Iman peoplo ington incase of Cluis. V. Norstrom C, T. Pomeroy 288 Cora'l St. Watchmaker and optician DRESS GOODS mat isn t poastb 0." Mr. Hill re torttd. "I own 30.000,000 of tho Bluff myself nnd I havo not sold n Bharo. With my holdings nnd thoBo of my frienda wo havo an abaolute majority." "You may be holders of record of tho majority," replied Mr. Schlff, "but mo hold tho certificates. Including the common nnd tho preferred slock, wo havo a clear majority." Immediately aflor this conversation H I Three sizes : I 35c" 50c, $r.oo. I All druggists. "mmmm m-mmmm mm'mwimMm.im, To keep on ltand you will like the Jt.oo ite bt, nd you will need thli amount to euro a chronic or very severe caic. The 50c. lize i ju about right for bronchitis, hoarieneu, la grippe, croup, etc. The ,3.5c. size is convenient when traveling, and is enough to break up a freih cold. J. C. AYER CO., Lowell, Mmi. THE NEW SHAMROCK WAS OUTSAILED Will Not lie a Match American Yacht for the New Unless the Ilrltlsh Sports Are Ine Her Back to Win Money. Hold- ia sulllciont to give them control of the proporty, this regardless of commit. inontH for future delivery of stock." He Has Saved My Life Lovoon, May 13. Tho ommltteonnd J. P. Morgan exchango have coine SALE NnVnlK U'liaVll If, V.uir Riun n...1 ---.- ..-. ... i(i,, .urcil mill Hrowil. JO ffu-lx.n .(,!.. a.,, I ...... -, ..-.. ., t,lu n,ii, nui vil 1.25 11 yard, special 78 cents a yard 50 Ilioll lllnlll llU!nro riI.. 1 nc values Special 82c yd. 88 '"w! mlxe,lWr8elnNRVvGrecn1 ir mm uruwn, rfguiar pric Boo a d special 63 cents a yard Ura van SE4MS ALLOWED FOR. I van! llilttnrilA In nil llm twiur shades, regular 0 00. Special $4.68 patterns Plaid and fanoy novelty goods in full lino of colors at 18 cents a yard A lot of rppnlttr 7 ln"ti nK niu.1. .. h.,. iu new auu uesirauie styles at special 48 cents a yard SKnluWrlo,,- "'. Ore, May 1 im To whom these pri-renU tball, come irctlmr, Thl. 1. tncirllfv lli.t I Iiiiva lyw.ii .illlllfw1 urttu O vn r Inn Tumors fur a inimlmr of ytnn, also livi.plriiltlila. I ilffclri, tn unlillnlv .l.l nn.ti oalb lliat tir J. K. Cook, of balcm, Oregon, liiu remoreu aiil tumon, two In number, wltliout tne uso or kuue, pimtcr ormjlwinoiiiUrusii, tini (lilt I am entirely, mu in I Iwllere permanent li f'llril. 1 nhi'rfilllr rvimiiipnit lip Vuilr ti .11 erou atttcted ax I wu. I fcvl tbat bu ba nared mv life. Mi lionie 11 Ihreumlla. aouth ur Tint. mp llp..n MfUV, W.BUH( 01IIH. I AlllMd.r. IUtliUl.1 RnliinrlliPil mil Murnrti in libfurH inn thl. Hr.f day of May, IV01. pi'bi aiinciirii. n . . iiai.u. County t'lerk. Do Not Listen to TCappers" Wlin Bra Mr,.,! (nHAftiliiA iiia nml mv nin,lt.l.. of trtatmeut. in couM not euro ix-oiilo there would be no line to tltihl me. It la Imumiiu- i iin cure lKopla that I am penlxontly mltrepie- -v...vr u... .W, .71, V.I,IIB IUI.R Jll.fc HIV l.mi. .nil kninH ..rilij. l.t ..ii1a In r...... .. land by me, tut which I am thankful Srnd for Circular! containing ledlmoiilali from patient cured both lu Orwou and lu the are bven told ou could not be cured Dr ( ook liaa cured biuidredi of (ieople whow cuw i,m . .-: r...""" "i-' 17 me uiu. ThudouUirhaaderoUxl the beat eari of liU '" " "" ""y " uiM-aw, aim me uw ana o tlon of Naturu'ii veBetable remedlen, until he knowi absolutely jutt what he can do. Tb'a Dlvikh IJm fllill(litatiiA I(A(jENT5)B BEST FITTING, STYLISH SUPERIORITY PGUAnANTEED POPULAR PRICES Dr. J. F. Cook g'?a,l Curallkindiofdliertaei, ' OBlce, 801 Liberty Bt, Balem, Or i III i'I m El S BULLETIN fel ..S WWWBWi Hi. "5" " ro' under sontonco duntli for murder. ----- fusing to gront writ hahoas corpus. Illinois Central passenger train jump ed track thirty miles from Jackson, La. Mail clerk and fireman killed, englneor will nislntant mall clerk Injund. Loniio.v, M-iy I,".. Slnunroek I today heat Sir Thomas Linton's now Imni. live minutes and five HecondN nvnr iim tr lingular courso of almut 20 miles. I There tns no dlscovorahlo holding hiiekof tho challenger, nltliough onco or twice she pointed such n course as loft a suspicion that the steersman wifmmi taking ml vnnlngo of ovory chance. The results of todny's trial was distinctly disappointing to those who had pinned their faith In tlio now challenger. WOULD ESTABLISH MINIAIUM WAGES JfejAc I II mmdFi&ii aWur.iJji.jJa.i.ifjlnwvMPipri fiou66l6aninfl Sale THE LATEST Proposition which ought to interest you is our weekly specialty sales. This week wo are Belling watch chains for ladles or gentlomen, $1.00 values for 3 00, All others at same hlg discount. Go mo and look nl them, nml if u llinm.l.t ill,.. through your mind tha' they aro not matchless or the money, you aro not familiar with tho market. Tho now lot of Hawk's cut glass we hnve received ro. contly is being admired by lovers of cut glass, Call and see it, you are welcome. BARR'S JEWELRY STORE LoudorB in Low Prices, Such Said to be the Object of the Fed eration of Labor E55SSS2S HHHLV FAINS LACE CURTAINS PORT1EUS TAPES'IRIES SILKOLENBS RUGS, ETC. Nnw Vohk, May 111.- Puiiiuol (."ouw pers, president of tho Aiiierionn Federa tion of Lubor. accordlnir to tlin U'.hIi ington correspondent of tho World. niado it statement last night in reply to assertions of President Huhwub of the United Htatos Httel Corporation before tho Industrial Com mission that labor organizations put all men oun levul nml prtiveut one from advancing unless all advance. Mr. (loin, pure rn Id: "It is a inlsstatHmeiit to say that wo aro endeavoring to fix ono price for the wages of workliigmon of any one Hans What we aim ut Is to establish a mini mum of wages, below which a .working- man will not Imi obliged to labor, llo cauee it minimum is uatahllHliwI It ms not follow that a worker uitniiot lecolvo moro than Unit. "We are engaged in proinotim; the general wtilfiutt of tho MurkniL' i-1uhhui r . u aua b a. iiKiiiui man h iim r - -" goods of Indifferent or oor nuality cost i"1"1 ritiniliig at their geiinral iinpr..vt- Dioaniicru mat mace is j. r. itniuru'. This sale offers an excellent nnnnrtunitv n those neat housekeepers who want everything fresh and clean before the hot weather sets in. What's the Use of Talking... There Is plenty of places whore you can gut good liquors by puylug exorbit ant prices; thoro Is ono place whore you can net the very best at figures as low us RUGS--1 7x34 Smyrna LQn wilh fringe OOt Bifplow AxminiMer without fringe 10x36 18x36 Bigelow ax' minster, w,"rl0e 90c $1.35 30x60 Biifelow ax minster 27x63 Bifjelowax" 0 OH milliliter w,ftijje Cp.J LUCE CURTAINS $I6 with frlnjt 36 x 72 Bfcelow Electra hemmed 36 x 72 Smyrna jvith fringe 16-inch ;'imterclam Smyrna y $3o83 $3.65 $2.95 $1.80 POfi I IEDS $2,12 $675 s safe every wav toortler wliatoveryou llkeiu the way of wines and liquors at uogers', &JT' CflfiCM-r J. P. ROGERS, $ ia hi Commtrclll Kfrr.t Wholesale and Itetall Llauor Dealer BOSTON ECONOMISTS FOR THE PEOPLE STORE The great Inducement 8 offered by other 1ioumb seems to have no iffeot on the patronuge of tho Itoston Store. We ore crowded every day, Up-to-date mer ehandUing and real honest values is what the jieoplo ap preciate. Quick sales and small profits is our motto. WATCH OUR ADS. Ladles' -10c roft white Kgyptlan eutlou vU kdig sleeves, fanoy ribbon and lace trimming, wihi prk y, 15o India Lawn, fanay laeo and ahek white Hoods, sale price 10c, 8,He white cheek Nainsook, sale prtee f. 7,i,' best American fanoy light (thirtlng mwlm, sale price 6c. 8H best heavy eheek apron Ginghams, sal )rk Mi cents. 8c heavy double twilled crash, sale price 0tf. 18x3t white buck towels, special rule price 0, lOo heavy cream shaker flannel, sale price 8Jo, j Sheeting, white bed spreads, sheets and pillow caVm at wholesale prices, 18o Hea Island percales 0 Inches wide, the buxt goods manufaoturwl, salo prlco J2ia. 7J4v ny sheer lawns, pretty styles and patterns, sale price lo, We sell dress goods at prices that will astonish you, 120, IBo, 36e, and 35c worth double. Oat oor prion on ladles' suits, dress skirts and waists before you buy. It will bo money in your Our millinery department always busy. Trimmed hats ami sailors at prices that wllj guaranty qiilcfk 303 COMMERCIAL ST. Opposite Postofflce, Salem, Oregon. infill rather than trylnir to uul mie ore f rrt.l pohilion for some trtlfiinr Individual, It may he true Hint there a recti no vthere a hiboring man advancoH beyond his colalxirers but it is usually at (he expenro of others. Hotter thoooiidUl.ii.n of tho oraft generally and all will prollt." Our (ioveriimnut Is olllofally informeil by the UiimIiui government that the Itusslan pohuy from the first hits beuu land still Is to maintain tho Integrity of. mu viiiuiese umpire ami iiih govornmeiit oi unit, oountry us It existiMl "ab antique." Latent from .Mrs iloKlnlcy Is that she restml vell Inst iildilst Kau KrunuUitn. but u ii low thoro Is a radloal tfliaugo (or tlie Ixitter parly will Ihuvm fer Washing ton, Ii O., as soon as celebrations lu Kan KrauoiMio aro over. ...FRESH... Cream Chewing ..Taffy... Al Ellis & Zinn's 9c and II l-2c a yard JAPANESE GOLD CREPE DRAPERIES THE PRESIDENT IS COMING WU HAVE 1'URCHASKU bSI'fcCIALLY FOR HIE OCCASION A BIG LINE OH EES'IOONING DRAPERIES AND FANCY TISSUE PAPBR DECORATIONS. :: : ' .. .. STARS ' WREATHS - BALLS STREAMERS . both i ricolos and solid qolors of red. white and hlue :: :: :: RED, WHITE, AND BLUE' BUNTINO: WE HAVE IHOUSANDS OF YARDS OnTiAND " Ani re p,tftti i0 Fll fy ad all Orders at the Lowest Prices. LET US CELEBRATEiavI. " - --- - iiiiiiii - S3 i i ,! " ' 54 SUtciStrcct, Slra 'Phone 2174 JSLiTT-