DIM CAPITAL J0I7RSAL. SALEM, 0M60X. FKIDAI, JA.H-aui
net Tiro.
pi".'
1
THE CAPITAL JOURNAL
tt .,rro pit. .nrf Proprietor. H. M. HOFER, Manager
t- -
Vfcot NefW to Anwtemn PrlncJpl- ud
nUHMd fcTfA-r E'-CDt Sunday. 8Jni, Or.
""CaimON HATESi
Unvariabljr Li Ad rare)
tWIr.br Carrier. rr- p" monUl--
Mr.br Mail. prrr - month-
WeaUr. br Mail. Pr year l- 8" mOT,l" '
60c
S5
He
FULL LEASED WIRK TELEGRAPH RE POET
WHAT FINANCIAL REPORT SHOWS.
Less business for 1911 than for 1910.
Lcmef prices for products and shrinkage in profits.
Exports increased and imports declined.
Five million tons less pig iron produced.
Steel production fell to 45 per cent of capacity of plant.
November and December showed steel uid cotton industries
picking up.
There were few signs of overproduction, and consumption
was checked by exhaustion of public buying power.
The year opened under a cloud of uncertainty, which continued
in one form or another unitl the close.
Railroad earnings were surprisingly well maintained.
We were lending large sums to Europe at a time when we
are usually borrowers.
There is really more confidence at the close of the year than
at the opening.
Those at the bottom of the social ladder are fighting for a bet
ter chance, and they are going to have it, as they rightfully
should. :i
The trust-movement has reached its zenith, and monopoly
must hereafter choose between facing competition, or rigid gov
ernment regulation.
For the calendar year our foreign .trade r aggregates $3,500,
000,000, an increase of more-than $171,000,000 over last year.
Our exports are the largest on record, while our imports,
which are also record-breaking, will fall only slightly below
1910.
, This country always leads as an iron and steel producer.
Before long it will also lead a3 an iron exporter, sweeping
away entirely the pre-eminence which Great Britain and Ger
many have so long held in this field.
It is estimated that there are about 500,000 automobiles in
the United States.
If these cost about $1000 apiece this would mean an outlay of
about $500,000,000. .
It Is safe to assume that the average cost of running a car,
including repairs, depreciation.chauffeurs, special clothing, en
tertainments, etc., is not less than $1000 per year.
This means that the people of the United States are spending
approximately $500,000,000 a year in one form of entertainment
alone.
From the economic standpoint the outlook is slightly better
than a year ago.
Trade conditions are sound.
Liquidation has been thorough.
There is little or no overproduction.
Stocks of merchandise are generally light.
. Credit is sound.
Commodity prices are still high, but often declining.
Labor is generally well employed, and getting good wages.
The unfavorable are the unrest of labor and the prospect of
fresh strikes next year, especially in the coal trade.
From the political standpoint the outlook is far from encour
aging. This is a presidential year.
As already shown there is much social and political unrest.
Radical tendencies are running strong, and while parties are
maneuvering for public favor all sorts of erratic and threaten
ing proposals imminent.
Undoubtedly there will be more talk than action.
Under such conditions capital is necessarily timd and new en
terprises will be checked until the final outcome can be fairly
guessed.
CHOICE FOR PRESIDENT
Mark cross between number and name of candidate.
1. (....) William Howard Taft, Republican.
2. (....) Theodore Roosevelt, Republican.
3. (....) Robert M. LaFo llette, Insurgent.
4 (....)
FOR THE DEMOCRATS
1. ( ) Woodrmv Wilson.
2. (....) Judson Harmon.
3. (....) Champ Clark.
4. (....)
Full Four Per Cnfr
Interest
ODER. OUR JTEW REGIXATIOXS, EFFECTITE
JAM'ART 1. 1913, WE TAT FILL FOUR PI Cm
INTEREST OX ALL SITINGS DEPOSITS OF ll
DOLLAR OR MORE, WITIIOUT PENALTIES FOR
WITHDRAW U.fJ OR DEDUCTIONS OF ANT KIND
DEPOSITS M IDE DURING THE FIRST FITE IHTS
mi iSS WILL DR Aw "MT F0 "
Capital National Bank
SAY 1NGS DEPARTMENT
J. . Albert, Pres. . M. Croisan, Vice Pre,.
Jos. H. Albert, Cashier
THE ROUND-UP
'
Milton has smallpox.
Snow falling, eggs rising.
Eugene used $9,000 boost fund for
1911.
Six mills will run Corvallis for
1912.
Junction women had a suffragette
party.
Roseburg Is planning a 540,000 ar
mory.
Pendleton will have the oratorio
Elijah."
Work will start soon on the Sius-
law Jetty.
Klamath Falls boasts a fine Cath
olic choir.
Baker City wants a branch min
ing station.
The Umatilla county waterhog war
Is still OB.
New $35,000 school house for Xorth
Roseburg.
The Albany Herald has expanded
to six pages.
Sawmill business is looking up at
Cottage Grove.
Deep Bnows reported on the hills of
Jackson county.
Costs $135,000 cash to run the city
of Salem for 1912.
Owen Keegan, a pioneer merchant of
Jacksonville, Is dead.
Pendleton has a balance of nearly
$50,000 in the banks.
Mayor Dimick has appointed Chaf.
E. Burns chief of police.
Medford will be run on a five mill
levy for expenses In 1912.
The Oregon Electric is considering
a branch line to Corvallis,
Oregon City German society had a
fine New Years cel"bration.
One of the Harriman lines in Ore
gon Is assessed at $45,000,000.
T. O. Hansen, an Albany teamster,
shot himself. Family trouble.
Bandon sent out five million feet of
lumber a month during 1911.
Stanfield has a new telephone
switch board but the same girls.
Dallas will have a big mass meet
ing for the Made-ln-Oregon campaign.
Oregon Electric and Portland, Eu
gene and Eastern headed for Corval
lis. Medford people will erect a $10,
000 church for the Christian denom
ination In the spring.
One hundred years ago, December
26, the first white men etered what
is now Baker county.
'
The Portland Ad. Men's annus!
banquet will be held at hotel Port
land on, Wednesday evening.
The J. C. Bushnell residence built
at Eugene In 1856 has been removed
to make place for a new blulding.
It takes special police and special
deputies from the sheriff's office to
curb the strikers at Roseburg rail
road shops.
W'm. H. Handy has sued the Cham
bers FawmlU at Cottage Grove for
Gold Dust Flour
Made by the
SIDNEY POWER COMPANY,
Sydney, Oregon.
Made for Family Uie.
Ask your grocer for It Rran
ad Shorts always on hand.
P. B. WALLACE, Agt.
SALEM BANK &
TRUST CO.
GENERAL IUXK1NG AM
TKl'ST BUSINESS
with our assurance that we
are able and willing to take
Rv?f we 80llclt yur
Banking Business. Open an
account with us. and we will
extend you every favor con-
cIplM1 Uh R0d banklnS Prln-
WE PAY FOUR PK.U CENT
O-V SAVINGS
Liberty Street, Just off State
J. L. AHLERs, President
W. G. EAST, Cashier -
8. S. EAST, Vlc-Prs.
DR. L. B. 8TEEVES
U H. ROBERTS.
Directors.
r. Lyon's rWir.Af:0 STO.R
PERFECT 1 .ii llilS .u -
Tootl) Povtlor
cleanses, preserves and beau
tifies the teeth and imparts
purity and fragrance to the
breath. Mothers should teach
the little ones its daily use.
$50,000 damages for an injury. No
liability Insurance.
W. E. Smith has given Corvallis the
second daily paper the Republican
a New Years present to the agricul
tural college city.
Mayor Matlock, of Pendleton, talks
of giving that town an economical
administration. He Is a young man
and new at the Job.
Salem Sons of Herrnian had a fine
meeting Wednesday night, took In new
members, and are a flourishing Ger
man society of Salem.
Mrs. Cleta Pearl Aliskey, sister of
Maybelle Gilman Corey, was grantel
divorce from Chas. W. Aliskey, son
of C. A. Aliskey, a Portland millionaire.
Remember Our Drawing Friday, 3:30 p. m.
i " i Anus REMEMBER THAT YOU
LADIES REMEMBER THAT YOU
NEED A .SET OF FURS FOR THIS
WEATHER WE HAVE
r:nnn FURS AT CHEA
PRICES: s GET YOURS XO
YVE HATE BIG BARGAINS ALL OYER OUR STORE TOO NUMEROUS TO R
riTF YOr A FEW EY.TRA SPECIAL VALUES EVERY DAY, Bl T LOOK IN THE EVENING PAPER SAT.
UIUHY AND THE SUNDAY MORNING PAPER FOR ONE GREAT BIG BARGAIN EVENT NOW ONLY A
FEW ITEMS OF INTEREST.
X-RAYSAND SMILES. j
The Woman's Journal, published in
Boston and advocating equal suffrage,
says resolution spells victory, which
indicates that Boston is not up in
spelling as she used to be credited
with being.
Now a gang of faddists back East
wants a national department of muni
cipalities with a thousand clerks
whose only accomplishment would
be burdening the mails with addi
tional departmental slush and In
creasing the postal deficit.
If Roosevelt accepts the nomination
for president he will be a close com
petitor of Bryan in persistency.
The attorneys fees In a case at As
toria were $9,000; receiver's fees,
$2,000; the property over which the
litigation occurred, sold for $19,000;
balance for creditors, with court fees
still unpaid, $8,000. Now for an ap
peal. To a disinterested person It looks
a little tough to be arrested for fail
ure to support his wife, the day he !s
released from the asylum for the in
sane where he has been held by che
state, undoubtedly against such wi'l
as he had, and was therefore unable
to earn a cent for her support or
any other purpose. It may be law
but It Isn't good sense.
Roosevelt's intimates are emphatic
In their assertions that he will not be
a candidate for president, but it is ob
served that Teddy does not say a
word. Why this sudden and unac
countable diffidence on Teddy's part?
Time was when he was not bashful
about talking In public.
'The National League for Medical
Freedom," whatever that is, Joins the
innumerable army of Eastern exploit
ers who are eternally trying to work
the newspapers for free advertising.
It sends The Journal today a two
column article written by E. Vance
Cook, concerning babies and hogs and
doctors, and other necessary evils,
but it is principally devoted to hogs!
and The Journal confesses to having
an oversupply of that kind of "hog
wash" from the other faddists of the
effete East
Ladies' Long Rubber Boots Men's Hose
A - M r- Buster Brown Brand
Plr.nL'C XI 75 None Better Made .
10alVO Y1, w The Guaranteed Ho,e
In Blacks and Blues at Men's and B(yS 1 O
$6.30 Only a few left
Only n few, so come early. IVtaarfc'e Qlllfo
z You cau't miss it by romlnfr 1Y16H S O 111 IS
down to the CHICAGO STORE
Colored Nets TODAY You oun surely make QiA Ckt
$1.00 buy more here tlmn PIlJ
xQp u A J2.00 In any other store In
OZJK, y 11 , Ie)i Just a Few of Them
Come quick
TTnr ONE LOT GOLD ByS' SuitS
Dressed Broadcloth .
all colors RINGS AT
7C 1.9 Iftcf Only 10 left You must come
Umbrellas
Taffeta and Surah Silk
Umbrellas, values up
to $6.00 ....
$1.95
FOR YOUR HAIR
Here Are Facts We Want Yon to
Prove at Our Risk.
When the roots of the hair r an.
tlrely dead nnd the pores of the
scnip are glazed over, we do not be
lieve that anything can restore hair
growth.
But, when the hair roots retain ,,
life, we believe there Is nothing that
will so surely promote hair growth
as will Rexall "93" Hair Tonic. To
prove that statement, we promise to
promptly return all the money you
Pay us for Rexall "93" Hair Tonic
should it not please you.
Rexall "93" Hair Tonic Atva
the genus which are usually respou-
ior uaidness. It penetrates to
the roots of the hair BHni..itin
and, by promoting circulation, nour-
ismng tnem.
Rexall "93" Hair Tonic hln
fuee scalp irritation, fn .
dandruff, to prevent the hair from
falling out. and to promote an In
creased growth ot hair. It comes in
two sizes, prices 50 rents nn t
Remember, you can obtain it oniv
at our store-The Rexall Store. The
J. C. Perry Drug Store.
The Chicago Store
13X3
tWI.'W'IHW -Ml ML
TREASURER
HAS HANDLED
. SOME MONEY
STATE TREASURER'S REPORT
SHOWS RECEIPTS $1,61,720.H
A XI) EXPENDITURES 1,8M,658.2
LIBRARY COMMISSION OYER.
LOOKS ELEVEN CENTS.
The receipts of the state treasurer's
office from July 1, 1911, to December
1, 1911, were $1,619,720.14, according to
the semi-annual statement Issued to
day by. State Treasurer Kay. The
disbursements during the same time
amounted to $1,889,658.62.
The statement shows that during
that period the Oregon Library Com
mission spent $16,951.15, leaving it a
balance of U cents. A number of oth
er funds also show small balances.
o
THE JURY MAY
RETURN MORE
INDICTMENTS
I united rasas lehsko wins.
Los Angeles, Cal., Jan. 5. The fed
eral grand jury, Investigating the al
leged dynamiting conspiracy went in
to session today at 10:10 o'clock. The
first witness called was Raymond Gray
a postoffice Inspector.
The Los Angeles county grand jury,
which yesterday reopened its probe
into the affal.r also resumed Its wnrv
today.
Reports, said to ll weii.fn,.n,i
that indictments would be returned
during the day, were circulated persistently.
Former Governor Henry T. Gage,
attorney for Franklin, was not in
court. The state was represented by
Assistants District Attorney Ford and
Hammon.
Kill More Than Wild Beasts.
The number of people killed yearly
by wild beasts don't approach the vast
number killed by disease germs. No
life is safe from their attacks. They're
In air, waten, dust, even food. But
grand protection is afforded by Elec
tric Hitters, which destroy and expel
these deadly disease germs from the
system. That's why chills, fever and
ague, all malarial and many blood dis
eases yield promptly to this wonderful
blood purfier. Try them, and enjoy
the glorious health and new strength
they'll give you. Money back, If not
satisfied. Only 50c at J. C. Perry.
o
"Dollar Bill' wheat is a fine fellow!
-
Salem Fence Works
Headquarters for Woven Wlr
Fencing, Hop Wire, Barb
Wire, Poultry Netting, Bhli
Klet, Malthold Roofing, P. fc.
B. and Ready Roofing. All at
the lowest prices.
CHAS. D. MULLIGAN
The Dunifcr of La Grippe
Is its fatal tendency to pneumonia. To
cure your la grippe coughs take Fo
ley's Honey and Tar Compound. R. E.
Fisher, Washington, Kas., says: "1
was troubled with a severe attack of
la grippe and nothing I used did me
any good and I was threatened with
pneumonia. A friend advised me to
use Foley's Honey and Tar Compound
and I got some at once. I was re
lieved from the very first. By the
time I had taken three bottles' my la
grippe was gone. I believe Foley's
Honey and Tar Compound to be the
best medicine I ever used and always
keep a bottle with me." Red Cross
Pharmacy (H. Jerman).
o .
CHIEF JUSTICE DAY'S
njJS DIED TODAY I
iDNITBD l'SEMS LKA8ED WHUt.J
Canton, O., Jan. 5. The wife of Jus
tice Day, of the United States supreme
court, died here today.
"
Children Cry
FOR FLETCHER'S
CASTORI A
Here Is a remedy that will cure your
cold. Why waste time and money ex
perimenting when you can get a prep
aration that has won a world-wide
reputation by its cures of this disease
and can always be depended upon?
It Is known everywhere as Chamber
lains Cough Remedy, and Is a medi
cine of real merit. For sale by all
dealers.
o
Corvallis postoffce receipts for
1911 were $19,551.47. a gain of 12.7
per cent over 1910.
Escaped With Ills Life.
"Twenty-one years ago I faced an.
awful death," writes H B. Martin, Port
Harrelson, S. C. Doctors said I had
consumption and the dreadful cough
I had looked like it, sure enough r
tried everything I could henr of, for
my cough, and was under the treat-'
ment of the best doctor In George
town, S. C, for a year, but could get
no relief. A friend advised me to try
Dr. King's New Discovery. I did so
and was completely cured. I feel tbut
I owe my Lfa to thU great throat aui
lung cure." It's positively guaranteed
for coughs, colds and all bronchial
affections. 50c and $1.00; trial bottle
free at J. C. Perry.
H 01ir rhililran ... ...v.... .
tacks nf ern, I TUJe" 10 t-
ohiM """fuy as soon as the
, uvaioc mm ine attnnir
be warded of,. For sale bTal.
Consump Jon
Anyone Imeri.stwl iu me cure of Con
uimition sh.Mil,! net out of the booklet
ii-nmis of iwoveiii-s by the use o Etk
Ulllll s Alterative.
Concha. Stubborn Colds iiQd Pneu
umiilu umy be the liexiuuliiK of more
siMloua trntibleH-Kikuiiiiis Alterative la
the efteetlve remedy. Head Mr. Knniily's
statement:- Saratoga, N. Y.
ttentleineii: Kor Bve or six years I
was troubled with cough and expectora
tion. I also had a blub fever. My cne
was declared t'otmuiuptinn by niv nhvsl
clan. I was given t,d Liver Oil, Create
uud other inedlciues, all without benetlt.
v. , V'1""' ls,!- I w not
Carthy ),e advise.) the use of Eckman s
Alterative, which I took with excellent re
ults and was entirely cured
Ibirlmr the past year 1 have gained
k i . K0 m,t lu a" weathers and
aae had no cough or cold whatever.
1 give these facts to encourage others to
use Eckmans Alterative."
(Signed Aftidavltl JAS. W. KAXAI.Y
h. Alterative is effective In Bron
chitis. Asthma, Hay Fever: Throat and
Lung Troubles, and In upbuilding the
Ji8vM?',. i"" not "ntHln poisons, opiates
or haim-formlng drugs. Ask for lwoklct
of cured cases and write to K.kmnn
1-aboritorr. Philadelphia. Pa., for more evl
denee. For sale by ail leading druggists and
J. C. Perry, Salem. Oregon.
t
I
B
y
Express
White Nubuck Boot, the
latest thing in Footwear,
made on the very latest
last. Also another ship
ment of 18 Button Boots
in tan and gun metal calf
Reinhart's
ohoe Storp l
'l ' STATE LTREEtI