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Eugene Weekly Guard in Eugene, Oregon

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Newspaper

Eugene Weekly Guard

Location

Eugene, Oregon, United States of America

Date

Nov 07, 1907

Page

5

Dividends for November Break All Previous Records

New York reports banks and trust companies distributed 75 million dollars in stock dividends and interest on bonds, the largest November distribution in U.S. history. Money returning to banks, cities refuse currency transfers, government to deposit funds in the South for cotton, National City to issue extra notes. Washington notes new national bank note rules amid inquiries. London gold shipments to America total 6.538 million pounds. crisis seen lasting. Grand Island, Nebraska bank failure linked to Chariton, Iowa. Pittsburgh clearshouse to issue small checks for wages to sustain industrial labor.

New York Lusitania Washington London Bank of England America Grand Island Neb Chariton Iowa Pittsburg

London market eases amid dividends and export fears

London trading opened dull as money supply improved from dividend disbursements while discount rates firmed on fears of further gold exports to New York. Prices were easy and the bears lingered, though some stocks rose above yesterday.

London New York

Pittsburg Bank to Import $500,000 in Gold

Pittsburg on November 1 reports that the First National Bank has arranged the import of 500000 in gold bullion and American eagles from London. It marks the first gold import by a Pittsburgh bank.

Pittsburg First Nations Bank Bellion London

Stocks End Session With Late Rally In New York

Prices dipped in early trading on the New York stock market but rallied toward the close, narrowing losses. Canadian and Mackay preferred notes fell, Southern Pacific preferred eased, Atchison, Alton and Anaconda slipped, Westinghouse declined, while Pennsylvania Allis Chalmers and Erie first preferred posted gains as financial status reports surfaced.

New York Mackay Companies Southern Pacific Atchison, Alton Anaconda Westinghouse Pennsylvania Allis Chalmers Erie

Railroads Halt Northwest Lumber Shipments After Court Injunction

In Bellingham Washington on October 31 the Northern Pacific ordered agents to stop receiving lumber shipments in the Northwest until further notice. The move follows a federal court injunction in Sear y that compels railroads to revert to the old 40 cent rate on Pacific coast lumber. Railroads anticipate similar actions by other lines, fearing risk and ongoing litigation as lumber firms falter.

Bellingham Wash Northern Pacific Railroad Northwest Northern Pacific Seary Pacific Coast

Prune Growers Face Heavy Loss From Market Freeze

Salem October 31 The Oregon prune market is paralyzed by financial stringency. Packers face cash shortages and eastern buyers ask delays. unsold crop and lack of payments leave remaining growers unable to secure offers. No permanent losses anticipated unless packers overextended at market peak.

Salem Oregon Kers

New Massachusetts family to settle in Lane County

F O Davis and family have arrived from Merrimac Massachusetts and will make Lane County their home. Davis and Guy Armitage, a clerk at Cockerline and Wetherbee’s Store, have purchased the Parsons Store at Creavell and will assume control within a few days. Davis is a brother-in-law of F R Wetherbee.

F. O. Davis Merrimac Mass Lane County Mr. Davis Guy Armitage Cockerline & Wetherbee’s Parsons Creavell F. R. Wetherbee

Railway Telegraph Operators Receive Second Salary Hike

The Kansas City Southern Railway Company grants a voluntary five dollar monthly raise to telegraph operators, the second salary increase on the line since January 1.

Kansas City Southern Railway Company

President and Cabinet Discuss Finance. No New Action Expected

Washington November first report states the president and cabinet reviewed the financial situation but found conditions satisfactory and no new measures to be taken at this time. The article notes the ongoing deliberations and lack of decisive steps pending further developments.

Washington

Stock Prices Edge Up in Opening Trading

New York on November 1 reported irregular stock movement at the open with Union Pacific rising 2.125 points and several issues gaining one point while others slipped one or two. Money opened at twenty percent.

New York Union Pacific

No Trouble at Frisco Banks Open Except One Trust

No trouble reported in San Francisco as banks reopen with confidence growing, the California Safe Deposit & Trust Company being the only exception. Citizens expect normal operations to resume soon amid cautious optimism in the financial district.

Frisco San Francisco California Safe Deposit & Trust Company

Banking Status Steady in Portland on Nov 1

At Portland, Nov 1, there is no change in the banking situation today. Markets remain steady with no new developments affecting deposits loans or rates as of this afternoon.

Portland

Tribute to Dr. I. D. Driver by Rev. T. B. Ford in Portland

Rev. T. B. Ford of Portland honors Dr. I. D. Driver who died at Tangent. He lauded Driver as a useful map and citizen, noted his national influence, debates with Watts and Ingersoll, and his mastery of science, history, law, and languages. Driver, a strong churchman, family man, and capable politician, left a lasting impact on Oregon.

T. B. Ford Portland Methodist Church Eugene D Driver Dr. Driver Oregon Dwight L. Moody Chicago Mr. Moody Watts Moody der. Driver Ingersoll Driver Pr. C. E Cline Peter Cartwright Driversaxaln

Cures All Kidney and Rheumatic Troubles by Mail

Advertisement states a two months' treatment by mail costs one dollar for cures of kidney bladder and rheumatic troubles. Dr BE Hall based in St Louis Missouri offers testimonials and Hull's Drug listed as seller.

BE. W. Hall Ol're Street St. Louis Hull's

Pickard Returns with 1500 Cattle for San Francisco

A. J. Pickard has returned from Shasta county California where he purchased 1500 head of cattle for shipment to San Francisco.

A. J. Pickard Shasta County Cal San Francisco

Dr J O Driver Dies at His Farm Near Tangent

Dr Isaac D Driver a pioneer Oregon minister and longtime Eugene resident died at his Tangent Linn county farm after a weeklong illness at age 83. He crossed the plains in 1853 and served the Methodist church in Oregon from Jacksonville to Eugene and The Dalles. He leaves a large family. Funeral arrangements to be announced.

Isaac D. Driver Pacific Coast Eugene Tangent Linn County Dr.Driver Fort Wayne Ind Indiana South Bend Rebecca Crumley Samuel M Driver Plains California San Francisco Panama Mary Hardenbrook Oregon Willamette Valley Douglas County Isaac Driver Umpqua Valley Methodist Jacksonville Corvallis Dalles Oregon City Leannalles Michigan Anna Northnip Salem Mary E. Williams F. L. Chambers Oregon State Senate Lane County Samuel Driver Los Angeles T. Thompson I.D. Driver, Jr Ransome Starr Ritzville Wash Nellie Emerson Oakland Cal

Gordon Discovers Strange New Race Along Northwest River

Dr George R B Gordon curator of Penns archaeology department returns from Alaska and the far northwest with news of a new people living along the Koshokwin river. The Kuskawagamutes have no crime or vice, show Mongolian ancestry indicators, and practice pantheistic worship retaining ancient dress and speech.

Philadelphia George RB. Gordon University of Pennsylvania Alaska Far Northwest Gordon

Harriman halts Northwest railroad work over money tightness

Harriman has suspended railroad construction across Oregon and parts of the Northwest citing a strained money market. Orders stopped work on the Riparia division and Pendleton-Pilot Rock branch with thousands to be laid off. Wallowa extension and other lines face shutdowns, while California work largely continues pending market recovery. Portland and San Francisco reports note no lay offs in the Bay shore cutoff, and officials defer comment.

Harriman Northwest Walt Portland Journal Oregon Riparia Wash Lewiston Idaho Pendleton Drain Pendleton-Pilot Rock Wallowa Elgin Walla Walla Omaha Cool Bay San Francisco The Columbia California Bayshore Portland New York Southern Pacific Company United Press Southern Pacific J. P. O’brien Harriman Lines

Union Pacific fires thousands as Omaha work halts

The Union Pacific Railroad discharged between 4000 and 8000 construction workers and abandoned all construction across the system. The Lane cutoff west of Omaha costing 5 million and three years’ effort was canceled. Work stopped on Kansas roads and the Topeka Lincoln line, plus Omaha shops. Operating crews remained, and officials in New York ordered the actions, with E H Harriman the only high official known beyond Omaha.

Omaha Union Pacific Railroad Kansas Kansas Division Topeka Lincoln Neb New York E. H. Harriman Union Pacific L. Mohler

Bankers Say Holidays Unnecessary, Oregon Sound

Salem reports pioneer banker A. Bush says there is no need for holiday fears about Oregon banks. He contends Portland bankers caused a market standstill by seeking a holiday, though Salem reveals no money market strain and fewer depositor inquiries since the alarm.

Salem A. Bush Portland Oregon

Concrete Pier Planned for Springfield Bridge

N N Roney visited Springfield to inspect the east Willamette River bridge pier. Authorized by the county court to replace the stone pier with concrete. work could start within days. The pier has long been in poor shape with a major crack risking collapse.

L. XN. Roney N. N. Roney Springfield Willamette

Will of Philip Heller Filed for Probate

The last will of Philip Heller who died recently in this city was filed for probate yesterday. Executed in Carroll county Illinois on August 27 1906 the will leaves all property to wife Mary Elizabeth Heller with remainder to daughters Emma Alice Thomas of Cannon Illinois and Margaret A Harper of Mt Carroll Illinois now living in Eugene. Estimated property value is $2000 with Mary Elizabeth Heller named administratrix.

Philip Heller Carroll County Tll Mary Elizabeth Heller Emma Alice Thomas Cannon Margaret A. Harper Mt. Carroll, Ill Eugene

Marriage at Justice Office in Eugene 1907

Clarence Githens and Dora L. Nibert of Junction City wed at the Justice of the Peace office in Eugene on October 30 1907. They left for a short honeymoon trip to Portiang and plan to reside in Junction City. Githens is a fireman for the Southern Pacific Company and Nibert is a popular Junction City resident.

Justice of the Peace Bryson Eugene Clarence Githens Dora L. Nibert Junction City Portiang Junction Southern Pacific Company

Detectives Seek Raymond Hitchcock in Ongoing Search

New York detectives hunt Raymond Hitchcock as clues are explored with no success. T. C. Camden, who fell from Berlin's house yesterday, is somewhat better but remains in serious condition.

New York Raymond Hitchcock T. C. Camden Berlin

Judge McFadden's Fine Orchard in Lane County

District Attorney W S McFadden from Corvallis visited Junction City to share orchard data. He reported over 45000 pounds of dried prunes 6000 to 800 bushels of apples and 600 to 800 bushels of peaches shipped mainly to Portland and the East. His 90 acre fruit farm includes 2000 peach trees with oldest stock eleven years old.

W. S. McFadden Corvallis Junction City Lane County Portland J. McFadden

Chicago Hopes for Cheaper Living Across Markets

Chicago reports a mood of expected price relief as financial pressure spreads through meat egg and dairy trades. Robbers wholesalers and retailers see potential cuts in retail meat by about 10 percent if money stringency continues. Eggs in cold storage near one million cases with fresh eggs at 27 cents a dozen retail and cooled at 23 cents. Butter quotes on South Water Street show wholesale around 26 cents a pound with anticipated retail drops to 30 to 31 cents.

Chicago South Water Street

Obituary of Edward H Bates Pioneer and Veteran of Wars

Edward Harris Bates was born January 30 1830 in Norwalk Ohio and died October 30 1907 in Eugene at age 77. He married in 1856 at San Juan California and is survived by his widow and eleven children. A Oregon and California resident, he came west in 1854 and served in the Indian and Modoc wars. He was baptized in the Episcopal church and served as deputy sheriff in Rhodes Tulare County and county superintendent. The funeral was held October 31 at 11 o clock 156 Lawrence Street with Rev D H Trimble officiating.

Edward Harris Bates Norwalk Huron Co Ohio Eugene San Juan Monterey County California Bates Pacific Coast Oregon Rhodes Tulare County Lawrence Street D. H. Trimble

Harrisburg Notes on Shisler Visit and Local Mill Changes

Ralph Shisler visited his parents in Harrisburg from Eugene to attend business college. George E. McCulloch and family also visit Eugene relatives this week. Wilhelm & Sons will run the Harrisburg mill during repairs at Junction City, but the Junction City mill will idle this season. officials hope to operate it next season. The mill is a top equipped facility for flour in the valley. Harrisburg Bulletin.

Ralph Shisler Eugene R. C. Shisler Business College Geo. E. McCulloch Harrisburg Bulletin

German Seamen Federation Strike Continues After May Outset

The Federation of German Seamen, a 20,000 member body, remains on strike having begun in May. The stoppage affects ports and shipping operations, with leadership signaling solidarity and ongoing action until grievances are resolved.

Federation of German Seamen Havng

Sawmills to Resume Operations Amid Freight Rate Battle

The Booth Kelly Lumber Co plans to restart its Wendling and Springfield mills as a freight rate injunction against railroad companies precedes a ruling on lumber tariffs to the East. Ge o H Kelly says Wendling will reopen tomorrow with other mills idle until final rate decisions. Head Sawyer Barnett confirms resume, while a Saginaw mill previously closed due to shortages.

Geo. H. Kelly Geaura Booth-Kelly Lumper Company Wendling Saginaw Cobrg Harry Barnett Kelly Sawmi Woodburn Springfield Geo. Kelly Booth-Kelly Kelly Sawyer Barnett

Marriage Licenses May Be Illegal This Week

County Clerk Lee notes licenses issued during Governor Chamberlain’s holiday frame may be unlawful. Couples risk invalid licenses as counties may seek a second license to be safe. Marriages held on Sundays or holidays complicate legality and potential property disputes could arise in future court cases.

Lee Chamberlain Oreton Gal

Also Mentioned on This Page

Pittsbung Bank DR. I. D. Driver Eugene Resi Dent One OF Thorndike Baltimore Bush C. I. Hood Co Lowell Judge McFadden Harrisburg Castoria Onge Resuye WoomtRy the Good Samaritan Hospital Betelle Jacobs Harvey F. Wright Roper William Whitall Ter
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