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About Daily capital journal. (Salem, Or.) 1903-1919 | View Entire Issue (Dec. 27, 1909)
I J PAGE FOUR. MLY CAPITA Tj JOUIlNAIi. SALE3L OREGON, MOXDAY, DECEMBER. 27, 1000. XGITEMENT STOCK ON EXCHANGE INCHOT STILL AFTER LAND GRABBERS Sky Rocket Raise of Rock Isl and Common Biggest Sen sation of Closing Year. united rnBsa leased v'bb. Now York, Dec. 27. A skyrockot rdfb'e in Rock Island common stock, from 50 to 81, and an Immedi ate recession to 50, furnished the stock exchange and flnanoial cen ters throughout the country today With the biggest sensations of the closing year. Everywhere reports of a corner wore htenrd, and there was lntonso excitement on tho floor, roeultlng In tho falling off of tho gonoral list of securities oy several points, some sustaining a loss of throb points. Tho fact that tho control of tho railroad system Is not In tho owner ship of tho common stock was tho only anchor that saved tho situation from growing much worso than It did. This fact precluded tho possl- uuity or tho buying Doing conducted by persons trying Suddenly to gain control of tho proporty. There was heavy selling during tno oner period or exciting activity. and one sale of 1800 shares was re corded at tho highest mark of tho day, 81 points, Tho first sale of tho day 600 shares at 50; Immediately thereafter heavy ordiors camo In apparently irom an sides. Sales of big blocks of stock were recorded, and tho price wont up by leaps and bounds. As it soared, tho supply increased, and when tho mar ld&t of 81 was reached, a big vol ume, of tho stock was thrown into tho market, and tho rising tldb stopped. With tho Increased supply tho price began to recede, and, going down slowly, by fractional decreases', it slipped back to vs of a point low er than tho opening prices. Tho stpek closed last Friday at 49. Tho sensational rise of 30 points was accomplished In botweon ilvo and six minutes of trading. $Tho recession of tho price was much slower than tho ndvanco, nnd it. took about 15 minutes for tho 'stock to resume its former level. , Many possible oxplnnntlons aro of fered for tho romarkablo demonstra tion of stock exchange aeronautics, luuiuuuiK wie meory tiint a clork ann inniio n mistake in miulfm m, oMv, no that It provided for tho pur chaso of 10,000 shares, when It orig- juuuy runci auuu. it is ostlmntod that more thnn 100,000 shares changed hnhds during tho oxcito mont, In many quarters It is bolloved that tho hoavy buying was tho result of frigh oned "shorts," who fran tically trlod to protect themselves. JtoproUBntntivos of the Rock Island systom donlod that olthor the Mooro OEjRold intoroHts, which control tho rffnd, had anything to do with tho ox pltomont on tho oxchnngo. -o- Fight Against Foes of Conser vation by Forester to Be Renewed With Vigor. United lTcitu Leased Wlre.J New York, Dec. 27. Chief For rester GIfford IPnchot today renewed his fight against thte foes of conser vation. In a speech at a luncheon, given at the University Club In his honor by several local publishers, tho chief forester declared that the fight that will decide who will reap tho benefits of a national conserva tion policy is now on in earnest. He said: "Tho American people have evi dently decided that our natural re sources shall be conserved. But will ZELAYA NOW SAFE N MEXICO UNITED MESS LEASED WIRE. Washington, Dec. 27. All indi cations today strengthen the belief that is prevalent here that the state department Is unmistakably skeptical concerning the reform program pro nosed by Jose Madrlz, the now presi dent of Nicaragua. Marin's reform against J. C. Sill, et MEYERS WILL BE TRIED (Continued from lago 1.) Burton settled. This latter was also a caso on account. A motion, made by the. plaintiff to strike out new matter from tho an swer in tho case of D. C. Hlllyard, et al., against J. F. Emerson, was denied; but a demurrer interposed to tho same end was sustained. In an other casio where the same parties are plaintiffs and .1. E. Hewitt Is defend ant, tho same preliminary pleas were Involved and tho court's ruling the same. Both are actions on accounts. The cauBe of J. G. Bennett against S. W. Thompson and C. D. McPeek, an action on a note, was settled; so was the case of E. L. Lamport al., a similar Portland's Popular Fire-Proof Hotel THE OREGON declarations undoubtedly -will not be acceped by the United States as sin cere until a prolonged and thorough scrutiny proves that the last taint of "Zelayaism" has been eradicated from Nicaragua. It is rumored that former Presi dent Zelaya may yet have to answer to this country for the summary ex ecutlon of two of its subjects, Leon ard Groce and Loroy Cannon, during the days of his dictatorship. It Is stated apparently upon authority that the United States was in no po they beconserved for the profit of tho ! sltlon to interfere with tho former Mystery Surrounds Case, "tUMTDD r-MJHH IJJABHD WItlB.I Lovoland, Tonn., Dec. 27. Mys tory4 surrounds tho death of Lemuol SUnnycalf. eight years old, and his brothor Husscl. a year youngor, whoso bodies woro found In tho ruins of tho Sunnycalf home, which was ddHtrqyod by flro oarly today. .Each boys' skull was crushed, Thnlr charred bodies woro found near tho spot whoro tholr bed had stood. Tho coronor Is Investigating tho caso. . o SAFE IN MEXICO rUNITRD 1MIBRH I.BAHRt) WWI1.1 Sallna Cduz. Mox., Doc. 27. Ex President Zelaya, of Nicaragua, ar rived horo today on board tho Moxl can gunboat Guorrorro. Zolayn's ox-mlnlstor of war ac companied him, n did four formor ofllcors undor his regime. Tho doposod oxecutlvo Hod from Ills capltol at Managua by way of Corlnto last Friday nlgkt. few, or for the benefit of tho major ity "Tho conflict that will decide this question of paramount importance to tho American people is now on. Tho battle is being fought. It is tho honorablo distinction of the forest service that It has been more con stantly and more bitterly attacked by reports of special interests than any other government bureau. It Is not ably .that tho more successful wo havo been In preventing land grab binqg nnd the nbsorptlon of water power, tho more ingenious their at tacks havo become." "Wo hawo allowed great corpora tions to occupy with their own men tho strategic pointsc of our business, social and political life. Tho present condition is, therefore, our fault more than, theirs," continued Mr. PInchot. "Wvo allowed all this when wo could have stopped it Too often we seem to forget that men in public Ufo can no more serve tho special interests and tho people at tho same time than wo can serve God and Mammon. Thero Is no other question before us that begins to bo so important or that will Uo so difficult to straddle as tho great question between spe cial interest and equal opportunity, between tho privileges of thlo few and tho rights of many; between government by men for human wel fare and government for money for profits; between tho men who stand for tho Roosevelt policies and tho mon who stand ngainst thorn. This Is tho ossonco of tho conservation problem today. "I believe in one form of govern ment, and I believe In tho golden rnlo. But wo must faoo tho truth that monopoly of tho sources of pro duction mnko It impossible for vast numbors of mon and women to earn n fair living. Right horo tho con servation question touches tho dally Ufo of tho great body of our people, who pay tho cost of special privilege. And tho price Is heavy. That price mny bo the chance to save boys from tho saloons and tho corner gang, and girls from worso, and to mnko good citizens of them Instead of bad. "Tho people of tho United States havo boon tho complncent victims of a system of plunder porpotrnted by mon who would bo surprlsod beyond measure to bo accused of wrong do ing, nnd many of whom In their pri vate lives woro modol citizens. But thoy havo suffered from a curious moral porvorslon by which It bo comes prnlsworthy to do for a cor poration things which thoy would ro fuso with tho loftiest scorn to do for thomsolves. Fortunately for us all, that doluslon Is passing rapidly away." o Notarial Commissions. Tho following is tho list of notarial commissions which wore issued yes terday by the secretary of state: Fred R. Mollis. Baker City; T. G. Thornton, John L. Day. E. 0. Stad to, Portland; Harry E. Cross, Oregon City; Guy Smith, Salem, o Try tho Journal's olasslflod ads. president's hutried flight from Nicara gua. when the new Nicaraguan gov ornment, whatever it eventually will be, is firmly established, it is h'pted that efforts may be made to bring Zelaya to trial on various ehari'Pa Mexico City, Dec. 27. In gov ernment circles it is reporrod tday that tho United States and Mexco have a full, but secret understanding concerning the flight from Nicaragua of former President Zelaya. Wncther the two governments agreed upon permitting the former dictator to find refuge away from his t:rbulent country with the understanding that his departure was oquivao:u to a solf imposed exile, is causing much discussion. Another report has it that 'he United States may, in tho future, take steps to bring Zelaya to Usk for the alleged indignities to which ho sub mitted certain Americans in Nicara gua. The officials at tho foreign office refused to disc tl.e affair. o Settlers Call Meeting. The SHetz homesteaders have calls for a meeting a court house in Dal las, Dec. 29. The object of the meet ing is to furnish Senator George Chamberlain with facts concerning tho situation out in their country so that he can do better work for their Interests In congress. A large num ber of the homesteaders was ex pected t obo present at this time o Planer Starts Up. The Falls City planer, which has been closed down for some time, was started up again Thursday, Dec. 23. The mills and camps in that vicinity are all working again, alter oeing closed down for some tlmo on ac count of weather conditions. action; so was also the caso of Per- llnus Hutz against W. H. Hutz; and so were also tho cases of F. C. Fish against H. E. Kirby; Mleyer, Strauss Rauch Garment Company against P. A. Frakes, et al., and that of Geo. Bayne against Jacob Vogt. Tho lat ter was an action for the collection of rent, and the two proceeding it ac tions on accounts. In the case of the state of Oregon against Herbert Adklns, who was charged with having more than five pheasants in his possession at the same time, a verdict of not guilty was rendered, and the defendant dismissed. The case was submitted on a stipulation of fact, and the right of a jury waived. Tho motion for a non-suit, which was based on the ground that the plaintiff was not a resident of this county was granted In the case of Gaar, Scott & Company against Levi Erb. Meyers Murder Case Monday. The case of the State of Oregon against George Meyers, charged with the murder of Night Patrolman Thomas Eckhart last fall, was set for trial Monday. This case ever since the murder occurred has been watched with interest, and when it comes up for trial Monday, it is pre dicted that the court room will be crowded to its utmost capacity with spectators, and curiosity-seekers. Grand .Jury Convenes. The grand jury reported for duty this afternoon, and went into session to consider the matters to come be fore it. Tho first case that will prob ably come up for its consideration Is that of James Pearson, charged with larceny by bailee. The case of D. M. Knlsley, charged with practicing dentistry without a license, will probably follow, and then will come tho gambling and bawdy house castes, and such cases as the jury will of its own initiative take cognizance oi. Owing to the fact that Judge Burnett this afternoon was compelled to leave for Dallas to hear some cases the jury has been directed to make no report of their labors to tho court until Wednesday. Our Rathskeller Grill finest dining service in city, with Hawaiian orchestra from 6 to 12 p, m, Most perfectly furnished, Moderate Priced, Modern Hostlery in the metropolis of the Northwest. ANNEX IS NOW OPEN Our capacity has been doubled and our bus will hereafter meet trains No, 6, and train No, 12, limited, Oregon Electric that arrive in Portland at 10:55 a, m, and 4:55 p, m. C DICKINSON, Manager THE OREGON day morning. The fire broke out in the fire bringing a couple of chem- the place of Jesso Whiteaker, about icals. It was largely through his ef 2 o'clock, and gained so much head-! forts, it is said, that tho hotel was way that the building was a total loss sovea. MORNING "FIRE AT INDEPENDENCE In splto of the heroic work of the firemen. It took hard work to save the Independence hotel, the two build ings both being frame and join each other by about two feet. Great credit is due J. L. Hanna, of Hanna Bros., for the work done, he having come to It Is understood that Mr. White aker carried an insurance on his stock of goods, but it 1b believed thnt he will suffer considerable loss from the damage of the fire and water. o Try a Journal want ad. A Woman Is Not Pretty Unless She Has a Well Developed SHE'S A QUEEN I SHE'S A SIREN ! Siren Wafers Develop the Bust ! The town of Independence came near being destroyed by fire last Fri- fKSaiSBEEtKSlXU REAL ESTATE NEWS Good 6-room house and three lots in Highland ad dition, $1250, 5-room house and lot on 22nd street, handy to car line, $950, Several nice homes and building lots forale on installment plan, FARM BARGAINS 85 acres one mile from good railroad town; goefd 6- room house and largo barn; 12 acres in young orchard; $75 per acre, 68 acros all in cult!vation, 7 miles from Salem; 7- room house and large barn; fine spring of water by house; $4700, If you are looking for a small fruit tract, don't fail to see what wo have to offer, Choice building lots on State street, $700 each. For real estate of any kind or description, call and talk the situation tQ us; we may have just what you want, , . jt WQ nave 9V(J.ui exGimngos umi mny inwresi 6 topxoug Those hard night coughs of the childrenlf What shall you give them? Just whaty your mother gave you, and just what herr .. , . T A l-S mj motnergavenen insomeiamiiicfj.rtyci Ask your doctor if he endorses Oyer's Cherry rectorai nas Deen tne oniy couj-nc Cherry Pectoral for the coughs and colds of medicine for seventy years. Once in the! children. Do as he says. i7i'. family, it stays. Keep it on hand. is an expression that Is always heard at sight of a well developed woman. If you are flat chested with BUST UNDEVELOPED, a scrawny neck, thin lean arms the above remark will never be ap plied to you. "SIREN" wafers will make you beautiful, bewitching. They DEVELOP THE BUST in a few weeks from 3 to 6 inches and. produce a fine, firm, voluptuous bosom. They fill out the hollow places, make the arms handsome and well modeled and the neck and shoulders shapely ".ml of perfect contour. Send for a bottle today and you'll be pleased and grateful. "SIREN" wafers are absolutely harmless, pleasant to take and convenient to carry around. They are sold under guarantee to do all we claim or S TtlONEY BACK. Price fl.00 per bottle. Inquire at good drug stores or send X DIRECT TO US. During tho next 30 days only we send .you a sample bottle J S pIsHH of these beautifying wafers on receipt of 10 cents to pay g I lLiLt cost of packing and postage if yo umention that you saw 5 the advertisement in this paper. The sample alone may be suffl- 2 g ciont if the defects are trifling. g DESK 5, ESTHETIC CHESUOAL CO., 31 W. 12.1th St. NEW YORK S 1 B U 0 you. Wrfta for nrtoted list of propsrty for said In Salem and vViiiamette vall'. H, A. JOHNSON & CO. Sfi statri Street Ground Floor I nis is tne season or tne year mat we always noia our an- nual sa!e. This year business has been the largest we have ever had and we are now in a position to give the greatest values in the history of our business. In order to reduce our stock before taking an inventory we will cut the prices regardless of cost and give to you an opportunity to supply yourself with clothing at prices that will astonish you on ac count of immense values you will receive. OUR REGULAR LINE OF Bishop s R H TP ! 1 O 6 n eaay lanorea ouits 1 0.00 to $35.00 CAN NOW BE HAD FROM $4.50 to $25.00 COME IN NOW WHILE YOU CAN GET THE FIRST SELECTIONS Salem Woolen Mill Store! 1 W "15,