Daily capital journal., May 19, 1908, Page 5, Image 5

DAILY OAl'I TAL JOURNAL, SALEM, OREGON, TUESDAY, MAY 10, 1008
mmmmm wmmmmmm I in inim i nmmmm mm
' x. mmm
III - I'
ll
J. L STOCKTON
THE OLD WHITE CORNER
Late Curtains
78c a pr.
HI this week at great reductions.
1.25 values
jundrcds of single pairs; also one and three curtains of
kind to close out at 50 to 10 per cent reduction. All
ther curtains substantially reduced.
,adies' Suits and Jackets
AT SACRIFICE PRICES
Values in suits from
$15.00 to $75.00
Reduced from 10 to 50 per cent
for municipals as a class. The re
sults of the Philadelphia and Pitts
burg offerings, both of which oc
curred within the Inst ten days, nre
particularly Illuminative of tho
point In question. Philadelphia ob
tained for Its 4 per cent bonds 104,
299, a price representing about 3.7G
per cent bnals, whereas a year ago
It was able to obtain but 100.27, n
price representing a basis of 3.985
prr cent. Last May Pittsburg sold.
It3 bonds ajso at 100.27 but a re
cent offering brought prlcos which
ran won nbovo 104, tho best
celved In several years. ,
It Is natural, lu view of tho pres
ent situation, that the number of
municipal bond offerings now being
mado Is much larger than usual at
this tlmo of the year. Municipali
ties all over the country aro taking
advantage of tho change In attltudo
of the Investing public to supply
themselves with funds for the Im
provements which woro hold up dur
ing 1907 becauBo bonds could not be
sold on any but tho most expensive
basis.
Bend mon explnln the present con
ditions In tho municipal market by
tho fact that, as pointed out a fow
days ago In theso oolunuis. Investors
are now looking more to tho quality
of tho securities which they buy thnn
to tho Incomo which the securities
yield. Wnss-streot Journal.
of tho toy factories and In the num
ber of those employed In others
House Industry Is said to suitor es
pecially ns a result of theso condi
tions, and difficulties appear In car
rying out n proposed Increase of
from 10 to 15 per cent In tho prlco
of Qormnn toys. The Immediate out
look for tho Industry ns a whole Ih
pronounced not altogether favorable.
o
Power Transmitted by Steel Bolts.
Ilnrkct for Municipal llonris.
he cood demand existing for mu-
pal Issues continues to bo one
he strong features of tho bond
ket situation. This remand has
ergono n steady development
about tho beginning of March,
It first begnn to nttrnct tho
llal attention of tho bond houses,
II now It Is about as satisfactory
has been In cv'ldonco for a ycor
a half or two years.
he Improved conditions In this
kr'mcnt of tho bond mnrkot mny
clfnr'y Indicated by comparing
milts of somo of tho more Im-
lant of tho recent municipal of
ferings with results obtained during
1907. Tho relntlvo onso with which
tho city of Now York has Just suc
ceeded. In disposing of approximately
$40,000,000 revenue bonds on a
.basis of from 3 por cent to 3
(per cent, whereas Inst year It wns
cumpeneu 10 issue, me same cinss oi
securities at G per cent, stands out
rather conspicuously In this connec
tion. While tho peculiar character
of theso securities has to bo taken
into consideration In using them ns
an Index of general conditions, UiJr
mnrkot Is nevertheless strongly In
fluenced by tho demand of both In
stitutional nnd Individual Investors
Toy Trade Nerds Prosperity.
Consul II. W. Harris advisos that
a Nuremberg journal recently print
ed an nrtlclo on tho effect "which tho
prevailing business condition Is hav
inir nn tho Herman tov industrv.
It is stated that of n Intnl product
of German toys In 1907, estimated
worth $25,000,000, about $19,000,
000 worth woro exported. Of this
trndo tho United States and England'
took more than half. 'Financial
stringency In both countries, It Is
stated, has already caused a mnrked
falling off In shipments to thqm,
showing that this branch of German
trndo Is In n marked senso depen
dent upon prosperity nbroad.
In Janunry, 1908, tho exports of
toys from Germany to tho United
States amounted to 5C0 ton?, ns
ngahiBt 904 tons In January, 1907.
Tho export to Engtnnd for January,
1908, were 387 tons, ns against 025
tons In the corresponding month of
Inst year, or a totnl decreaso in tho
two countries of 582 tons, A some
what Blmllnr docrenms is oIbo noted
In toy shipments to Belgium. British
Inflln. tho Argentine Republic. Brn-
7ll nnd Canndn, whllo exports to
Franco, Austria-Hungary, Kussln
nnd Switzerland show Incrensos.
It Is stated that, ns a result of
trade conditions, there has been a
roductlon of hours of lnbor In somo
Consul Frank S. Hannah of Mag
deburg writes that in a recont issuo
fO-iof n Herman tnp.hnlefll naner tho uso
of steel bands to take tho placo of
loather bolting for tho transmission
of rower Is stntod to have proved
practicable otter ropeated tests by ft
firm In Chnrlottenburg, Its advan
tages being given as fallews:
Tho points of superiority claimed
(or this now mdthod for the trans
mission of power aro tho following":
On account of Its Bolldlty a much,
narrower band can bo used, one
sixth of tho width at tho usual loath-
,er band being sufficient; ns a result
of this tho steel band Is not so heavy
as the lonthor band, as, as It can be
vory tightly adjusted, tho dlstanco
tiotweon tho cnglno nnd tiro mnchlno
Is not a matter of importance, as is
the enso with tho lonthor bolting,
whero tho transmission of power U
dopendont- upon tho weight of 'tho
hanging bolt; by a unique contact
tho slipping Is much reduced, oxporl
ments having shown that this docs
not exceed one-tenth of 1 per cent.
Cnroful and repeated experiments
hnvo Bhown Hint tho oiitlro loss of
nowor Is vorv nmnll. nnd ns far as
lean ho nscortnlncd will not exceed
1 mr cont. Further, owing to tho
lightness of woight of the Bteol belt
ing, It Is claimed, tho influonco of tho
centrifugal forcct Is not so gro.t
and nllowB of n.much Increased vo-loclty.
Grnml Opera House
Wednesday Evening
May 20
The New Sheer fabrfcs in
SUMMER WASB GOODS
aro dainty nnd attractive Thay ma'ko beautiful dresses for the
warm summer days. We're, ihowltfg h complete assortment of tho
choicest patterns in white and dollcato 'color combinations,
' '
Don't Bother With Making
MUSLIN UNDERWEAR
when you can buy oftir ready-made lino at prlcos only a lrttle above
the cost of tho muslin artd trimmings by tho yard.
LADIES' GOWNS, COItSKT COVERS,
PANTS AND UNDERSKIRTS,
well mado and nicety trimmed.
LADIES' DUSTERS ;'.;;.
Mado of noat scrvicablo fabrics finished nicely. Our prlco only
$1.90, $2.15 J$2.30, $2.85
Wo want you to think of thorn when tho dust begins to blow.
.
'
188 State Street
EXCLUSIVE MEN'S, SHOP
Phone Main 355
ODD FELLOWS
I
w' W .$
S ..Mtrat&AK
r " f' I'virt szrur' v
:'' WF
V'..iS3-flAJS
Berthn 1. Clay's Famous Lovo 8tory
DORA
THORNE
Dramatized by Loin B. Parker.
Tito lU'Ht Known Tiny in Amerlcn
Same Groat Cnt
Prices 23c, SWc, flOe.
Seat Salo at Box Oinco Wednesday
9 A. M.
SUMMER PARASOLS
rJkmmmmmWSmmmmT7T!it.dBK$&m
mmmm1XUtlmfLliMmQmiL.'mmmm ,
Tho Bunny days aro com
ing and you'll want a sty
llsh Pnrasot q match your
Summer Dresses.' We're
showing n splendid line at
prices figured on tho spot
cash basis, Pongeo drosses
will bo worrt' extensively
this season. Wo' have a line
of Pongee parasols to
match thorn.
mU
We're all "Odd" you know.
Some of us as members of a lead
ing fraternal ordersome of us in
other ways-but we are all "odd" or
"different" in f some peculiarity of
Urn nr fnt-m Ami tt'c fllfi "(Mri" :V
IUWU UI 1 Villi rtHW u- .v w.. v
fellows we fit successfully from head
to foot.
For the "Odd" fellow's head we
have the BAWES $3.00 GUARANTEED
hats in every conceivable shape and
color. The "John B. Stetson" hats
from $4.00 to $8.00 each and a(au$ord vShoes
straw nat ior every iacu, imy
and purse.
For the "Odd" fellow's feet we
re prepared in the BETTER way with CRAWFORD
USTOM SHOES at $3.50 and 4.00. ine acme or
hoe quality and comfort.
And fnr the "Odd" fellow's form we simply
ay, get into one of our "RACS0 SYSTEM" HAND
AlLURfcD SUITS and be better tinea ior me mmwy
you have ever been before. Easy to say
indeasyto prove for we've the goods anfl7) ?La"
IHnW vaii Tph minute?; of vour time will G Off
onvince you we have the best hand tailored clothing you ever saw at
a to $40 the suit.
MvV
t-Ti
"mw.mi vm&fl
POPULAR
DRAMA AT
THEATER
Uertha M. Clay's colobrated
drama. "Dorn Thome" will bo tho.
attraction at tno opora iioubo, ono
I-'ml Wiillrr with "Doiii Tliorne."
night only, May 20- This groat lovo
play Is Immortal and novor fails to
attract hundreds of tho readers of
tho great novelist. It U, without a
doubt, on? of tho foremost romances
of the age. full of heart Intorost and
pathQt bonded with a volu of tho
most delightful comody. Tho soonos
aro laid in Euglnnd.
Wouldn't your hnby npproclato
a hammock llko tho Illustration?
Thoy'ro built bo tho baby can't
fnll out. Our prlco, $1.10.
Full sized Ham
mocks in all color
combinations from
55c to $4.75. .
M
&rwed! iaz4A u&s&
1 " i '
"Regular Stores" Can't Match Our Prices
-o-
'Every Man
Is Odd"
But We
K Fit Him
m lj
"Every Man
Is Odd"
But We
Can Fit Him
CLOTHIER-'HABERDASIHER
Sii!niii Court Derision,
Stnte v. U. D. Hume, appealod
from Curry county, alllrmed; opinion
by Justice Moore.
State v. Luper. nppoaled, from
Marlon county, nfllrmod; opinion by
Ju'tlce Eakln.
Hough and soven others, v. Porter
nnd 45 others, appealed from Lake
county, ufllrmed and part continued
for nrguraent; opinion by Commis
sioner King.
A Gigantic Railway Tonnliuil,
Tho tunnels aro but part of tho
story of the complete McAdoo under
taking. Tho other part relates to
tho gigantic twin terminal building
that has arisen as if by magic Just
off the main lino of Broadway traf
lie on the incluBlre site facing on
Church street, between Cortlandt
and Fulton streets. This bulldln,
built in two sect'jons divided by Dey
street, which forra for It a court,
U tont7-two torle I aelgat, Oc
cupying tho lurgor part of theso two
city blockH, it Is aptly called tho
nervo conter of Now York's under
ground UrniiBportntlon system; or
from tho train platforms, two stories
below tho street lovol, ono may got
to any part of Manhattan or Its out
lying suburbs, by tho underground
and underrlvor routes. Tho tunnols
como In from tho river under tho
great structure, about thirty font
bolow the street lovo!, nnd form n
loop, with platforms nnd approachui
with Bufllclent dlmonslatiH to ne
commodato 100 porsonB a mlnuto, or
D00.000 during tho day. Tho build
ing will accommodate 10,000 olllco
tonnnts. It Is tho only olllco build
ing over- constructed whero floor
epneo Is reckonod by tho square
acre Instead of by tho. aquaro foot.
It la tho largest offlce structure In
existence, containing 18,000,000 cu
bic foot and moro thnn twonty-ftva
acres of floor spuco. Edward Wlhl
tnnn In Iho World Todny.
o .i i
l-'iiHt Tmvi'l on Intcnirbaii LIim-h.
Tho Intorurbnn trolley lines aro
growing In numbor and In populari
ty. Thoy afford a mothod of travol
which makes n pleasing variation
from that of 'tho ordinary toam
railroad. Whllo most of them hnvo
n comparatively abort mileage, thoro
Ih a gradual reaching out by syn
dicates for consolidations which will
make long dlstanco trips possible.
It was shown recently that a travel
er may rldo upon trolley cars almost
nil tho way from Chicago to Now
York, tho mlfwlug Ilnkrf of today
being promised completion before
long.
Theso trolley lines run along the
country roads or on private rights
of way near them. They go up hill
or down with tho undulations of
tho country through which tfoey
pass. Often tho equipment Uilight
er thaa that of t railway. The
roadb! U not so welt Made or w
IWMIIIMVWMilMr
woll ballasted. Tho coaches art
lighter In n good many particular
the onnlpiiicnt varies from tho w
tnbllsued modols which experience
'has dolH0(l for safe pnssongor travel
on ralhyny trains,
Tho block syatoms, Intorblocklng
swltchesi telegraph oftlcos, air
brnkes, and slmllnr snfoty devicesx
of tho stoam road are either not umJv
or exist In modified form with ocon
omy of expenditure uppormost Ir
J mind, Notwithstanding those llml-.
tatlnns, thimi nre many stretchos of
of track wlioro tho doflnlto purpose
exists of effcctlvo competition with
tho stenm roads in socurlng public
latronnge. TIiq cars nre run At
high speed. In Home places n mile
a minute Is the rule. Forty of forty
llvo miles an hour Is not Infrequent
on limited trains ' which stop only
nt larger towns.
Tho result Is sure. Tho distress
ing accident between Charleston nnl
JMattoon In this stnte, Ih recalled. The
'experience nenr YpiHnntl shows the
dnngor. A collision on n curve be
tween n limited car running fifty
miles an hour oven In Bitch u place
nnd a local car bound In tho othor
direction had Its Inevitable results.
Buoh things are lluhln to hnppon up
on nny Intorurbnn line. It la cloar
that more attention must bo paid to
safety of passengers on tho trolley
roads or thero will bo an increasing
number of bad nccldonts.
i Tho popularity of tho eloctrjc
cars for country travel will bo less
ened by recklessness or cnrolotMneis.
If they hopo to compete with the
steam cars tho aafoty devices of tke
IntUr or modified forms demanded
by changed conditions must be pro-
vlded. A careful system of dis
patching, a prudeut set of motor
men, a faithful attuntlon to the track
are esiontlal. Theso being assured,
the public patronago will be give la
a satlifactory volume. Ckleajo
Tribune. ..
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