Abbildungen der Seite
PDF
EPUB

is due largely to the growing amount of Insure your property with the space given to religious matters by the

daily press. Formerly it was left to the Home Insurance Co.

religious newspapers, a week or even a fortnight afterwards, to report the proceedings of such an assembly as the Methodist General Conference, or the Presbyterian General Assembly, while now the daily papers treat the action of these bodies as part of the news of the day.

The seventy-fifth anniversary of the Unitarian Church in America was celebrated in Boston recently. Distinguished churchmen were present from all over the civilized world, and among the speakers were Edward Everett Hale, Minot J. Savage, and Rev. Robert Collyer.

Rockefeller promised, on condition that the remaining $30.000 was subscribed by the first of June, to give an endowment fund of $100,000 to the college. Leading Events

May 18-Boer delegates are in Washington, D. C.

May 19-The University of Oregon is victor in the athletic field contest with that of Washington.

May 20-President Kruger is reported in London to have sued for peace.

May 21 The British forces are within 40 miles of Johannesburg.

May 23--Stubborn fight reported on Catubig Island. in the Philippines, with heavy losses to the Americans. Lord Roberts nearing the Transvaal frontier in South Africa.

May 24 Queen Victoria's eighty-fourth birthday is celebrated. "Boxers" drill openly in Peking, China.

May 25 The United States government warns China to suppress the "Boxers."

May 26-British troops cross the Vaal River. At Mafeking the garrison pays last honors to British dead.

May 27-Roberts still moving forward in the Transvaal. Kruger admits the gravity of the situation.

May 28-Eclipse of the sun is observed by President McKinley at Fort Monroe.

May 29-Lord Roberts reported to be within a day's march of Johannesburg.

May 30-Lord Roberts reaches Johannesburg. "Boxers" revolt in China assumes alarming proportions.

May 31-Johannesburg surrenders. toria is in hands of the British.

forces begin to land in Peking.

Pre-
Foreign

June 1-Lord Roberts occupies Johannesburg.

[ocr errors]

....Of New York Cash Capital, $3,000,000.00.

The Great American Fire Insurance
Company.

Assets aggregating over $12,000,000.00, ALL
available for American Policy Holders.

J. D. COLEMAN, General Agent,
JOHN H. BURGARD,
250 Stark Street,
PORTLAND, OR.
SPECIAL AGENT.

JOLLS

THE CHOCOLATES THAT
ARE MAKING PORTLAND
FAMOUS
THEY ARE

[ocr errors]

THE MOST DELICIOUS BITS
THAT YOU CAN IMAGINE.
MORRISON STREET, OP-
POSITE POSTOFFICE. &

"Regal"

Instruments.

Music Half-Price.

[graphic]

H. H. WRIGHT
Musical Merchandise

Opposite Cordray's

Graphophones. Music Boxes.

Music Bldg., 349 Wash. St. Portland, Oregon

Quit making "Hen's Tracks" and BE A GOOD PENMAN

PRIVATE LESSONS in the most Practical and Up-to-date Style of BUSINESS WRITING.

JShenderson

Holmes English and Business College,

414 Yamhill St.,

Portland, Oregon.

June 2. British official refuse to be alarmed over the movements of the "Boxers in Peking.

June 3-Aguinaldo is reported killed.
June 4-Lord Roberts invests Pretoria.
June 5-Pretoria surrenders.

June 6 The Liberals in Japan ask Marquis Ito to accept leadership of the party.

June 7-Congress adjourns. "Boxers" still destructively active in China. General Federation of Women's Clubs in session at Milwaukee, Wis.

June 8-Great excitement prevails at Peking. "Boxers" movement hourly gaining strength.

June 9-Boers ask General Buller for three days' armestice. General Pio del Pilar is captured at Gaudaloupe, near Manila.

June 10-In Peking the situation is reported desperate.

June 11-Boers refuse to consider the war ended.

June 12-The imprisoned Chinese Emperor begs to be released.

June 13-An engagement is reported between British marines and the "Boxers" at Peking.

June 14-Governor Geer of Oregon is married to Miss Trullinger, in Astoria, Oregon. June 15-Reunion of Pioneers occurs in Portland, Oregon.

[blocks in formation]
[blocks in formation]

BELMONT RABBITRY

P. O. Box 174, Portland, Oregon. Rabbitry at 148 East 34 Street.

BREEDERS and DEALERS
In High Grade Pedigreed

BELGIAN HARES

DUKE OF TECK score 95, a long, red, racy son of Champion Dash, greatest prize winner in America. At stud $15.00. Britain Chief at $5.00

Stock for sale from Britain, Banbury. Yukon, Rockdale, Sir Styles, and other noted strains.

Write us your wants-we will start you right with acclimated stock.

The Financial World

"In spite of the shipment of $3,500,000 gold to France, the New York loan market has been quite easy and inclined to seek a lower level. The fact that the Treasury has made another call for $5,000,000 in the national bank depositories has no apparent influence on the situation. The extreme dullness of speculation diminishes the inquiry for funds on time, and the only notable demand comes from large corporations and syndicates. The case of the London market and the reduction of the Bank of England rate from 3% to 3 per cent also has some sentimental effect upon the situation here, and Berlin's financial pressure is not regarded as likely to have any immediate consequences for the New York market. Time money has been freely offered all week at 3 per cent for thirty to ninety days, and 3% and 4 per cent for longer dates, there being less than customary scrutiny of collaterals. Call money is in good supply at 1 and 2 per cent. Mercantile paper is dull and the supply small, with rates based on 32 and 4 per cent for double names."-Bradstreets.

* *

Railway earnings show gains for June, and reports for May are 10.7 per cent larger than last year, and 16.7 per cent larger than in 1898.

The damage to the wheat crop of the Northwest is the event of chief importance. How extensive the loss may prove, in view of the widely conflicting accounts, can only be judged from the speculative markets. It is information gathered at the West that has caused a remarkable advance at Chicago, 15 cents. in ten days, and the price here has advanced II cents per bushel, though for the September option only 9 cents. The belief is that a large part of the spring wheat has been killed so as to reduce a yield expected to be close to the largest on record as to be considerably less than the world has required during the crop

[blocks in formation]

year now ending. Until within the past three years it would have been reasoned that any material advance in prices would neutralize the foreign condition, which had caused exports of about 180,000,000 bushels of wheat, flour included, in the closing year after 223,000,000 bushels in the previous year, and 217,000,000 bushels in the year 1898, besides exports of 213,000,000 bushels of corn in the closing year against 177,000,000 last year and 212,000,000 in the previous year. But the fact seems to indicate a more extensive and lasting increase of foreign demand than has been considered probable. Other sources of heavy export have been found disappointing. The United States continues to show enormous power of increase, if supported by prices, which, until recent years, would hardly have been regarded remarkably high. If the coming crop falls much below expectations the demand for it may prove surprising, even though prices average more than have been expected.

In iron and steel structural producers a week ago reduced the prices of beams to $1.90 and angles to $1.80 at Pittsburg, leaving only rails and tin plates, which have not been reduced from the highest point. The railworks are crowded far ahead, and the question in plates depends largely upon wages. Western bar is reduced to $1.55 and steel bars to $1.50 at Pittsburg, with a general shutting down of works expected July 1. Hoops are quoted lower at $2.25, and No. 27 black sheets at 3 cents, buyers. asking only for small lots. There is a wide range of quotations for merchant steel, and the lower prices named for pipe has only started the demand a little, as buyers expect yet lower quotations. Minor metals are also quiet, with small transactions.-Dun's Review.

* * *

[blocks in formation]
[blocks in formation]

Mining

Pres.

Treas.

F. J. HARD, Sec.

DIRECTORS-L. G Clarke, J. E. Haseltine, David Goodsell, P. J. Jennings, I. G. Davidson, F. V. Drake, E. A. Clem.

near

Reports are beginning to come in of the winter's clean-up in the northern gold fields and in every case they exceed expectations. It was feared that the first news from Cape Nome would prove that place badly overrated, but it seems that but half has been told. Not only has Nome more than justified expectations, but new gold fields of the most promising kind have been discovered Nome. These new discoveries simply confirm the belief of many miners of experience that only a beginning has been made in the discovery of the Northern gold fields and that subsequent discoveries will be made which will make Alaska easily the leading gold-producing country of the world. One thing, however, is established beyond doubt-the Northern gold fields will be of a permanent character, and will be the means of bringing great wealth to the Pacific. Coast.

*

The estimate of the Klondike output this year has been placed as high as $20,

000,000.

Di

The situation in the Northern gold fields and the opening up of the Eastern Oregon mines have brought about the establishment in Portland of two mining stock exchanges-the Oregon Mining Stock Exchange and the Portland Mining Stock Exchange. The former is located in the auditorium of the Chamber of Commerce Building, and has the following officers and directors: J. E. Hazeltine, President; F. J. Hard, Secretary; David Goodsell, Treasurer. rectors: L. G. Clarke, J. E. Hazentine, David Goodsell, P. J. Jennings, I. G. Davidson, F. V. Drake, and E. A. Clem. The Portland Exchange is located at 126 First Street, and has the following officers and directors: Tyler Woodward, President; L. B. Cox, Vice-President; J. Frank Watson, Treasurer, and P. L. Willis, Secretary. Directors: Seneca Smith, Francis I. McKenna, Samuel Cornell, Tyler Woodward, L. B. Cox,

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][ocr errors]
« ZurückWeiter »