The San Francisco call. [volume], November 01, 1907, Page 4, Image 4

About The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913

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4
City Banks Do Usual Business
and Situation Brightens
Continued from I'npe 1. Column 1
for. collection. ; Large sums were paid
out only to meet demands' occasioned
by large payrolls. , , X.
It was evident, before nightfall that
conditions had vastly- improved. -The
flow of gold had already turned toward
th* Pacific coast The subtreasury paid
out $I.2so,ooo '.yesterday to. local insti
tutions. Of this account $750,000 was
transferred from the New York eub
treapury to banks -here and $500,000
v/as drawn out by banks', which had
sums on deposit with the subtreasury. \u25a0
Thomas. E.- Burns, acting assistant
United States treasurer,' eald that he
expected to pay out 'another $1,000,000
today. . A telegram from New York'
brought the news last night that
$1,000,000 would leavp ; there today for
San Francisco. The; subtreasnry here
contains $40,000,000. and the govern
ment is considering the proposal that'lt (
accept federal bonds .from t).e local
bankers and put- the' coin, in ctrcula- ' \u25a0.
tioh. " . , . \u25a0 \u25a0 : : . \u25a0'.<'
DUE TO EASTERN BANKS
' The stringency in- San Francisco, it
a*-^s pointed out repeatedly yesterday
by local bankers, was not due to causes
within the city itself, but the direct
result of the action of the large money
interests In New York. San Francisco
burfks have balances in New York
amounting to many millions.*-' but as
eooh as money tightened in New York
the c"astern depositaries refused to ship
the money to the coast. With $65,000,
000- on the way to New York from
Kurope and South America, the strain
has been relieved and the eastern in
stitutions began yesterday to relin
quish those balances belonging to the
. San Francisco banks. As soon a» this
cola begins to arrive, business will re
turn to a normal basis. 493S
Tiie phowtng for the week as reflected
in tli^ figures of the clearing house
were considered as exceedingly satis
tcctory under the circumstances pre
vailinp. The clearings for the week
ending last night amounted to $40,555,
595.70. For the corresponding week of
last year they amounted to $47,635,
601.64. For the month of October Just
passed the 'clearings reached a total of
$201,241,688.01. For the month, of Octo
ber, ISOG, the clearings amounted to
$206,389,733. 02. .The decrease for . the
month's business was only 2 per cent.
DEMONSTRATE STABILITY
Representatives of the associated
saving* banks met Wednesday /bight
after 5t was learned that the governor
h*ad proclaimed a holiday and voted 10
cpen yesterday morning. The com
rr.erclal banks had a tacit understand
iryj ihat they should continue business
<vithout interruption. It was explained
that the holiday had been requested as
a precautionary measure largely in the
interest cf the country banks, but that
it. had not been found necessary to take
afivant&gc of st. Throughout the city
USe action of the banks was taken as
a. complete demonstration of their
stability. Leading bankers expressed
tie opinion yesterday that the wave had
spent its force 5n the Pacific coast and
would vanish as suddenly as it had
c'oae.
EXPECTS TO REOPEX SOOX
No . statement concerning the re-,
sources and liabilities of the California
safe deposit and trust company may
be received for some days.' Ordinarily
from two to three days are required for
the examination of* a bank that has
suspended. The only ' bank .commis
sioner now In the city Is Commissioner
Garoutte. The other members are en
gaged in other parts of the state. The
secretary, J- Cal Kwinfr, Is. ln the east,
but has been summoned to return as
soon as possible. Commissioner Ga
roTitf* declined -yesterday to, say how
much money th^re was in the vaults
of the fnalTi bank and Its branches in
the Western addition, Mission and Po
trero."
"I have not gone far enough to give
ai»y definite idea of the condition of
the bank," said Garoutte. "I have the
impression that from $500,000 to $1,
000,000 In coin would have been suf
ficient to have prevented the suspen
sion. The deposits are between $8,
500.000 and $9,000,000. Mr. Brown, the
manager of the bank, expects to be able
to open up again in a day or two. The
commissioners would like to give the
banking company a chance to reopen."
There was no crowd about the Cali
fornia safe deposit and trust company
bank at California and Montgomery
streets yesterday. While Bank Com
missioner Garoutte was making the
preliminary examination few visitors
were admitted to the banking house!
Manager Brown received few callers.'
To the newspapermen he- expressed
himself as being confident that all
would come out right. -He had nothing
new to impart, he said. His air was
confident and he did not seem to be
downcast over the situation, taking a
cheerful view of -the -ultimate outcome.
At the branches of the California
saf? deposit and trust company de
positors assembled «arly in the day and
asTted- questions .of those who - might
j!ve them information, but they were
quiet and accepted confidently the:
statements made, that the outlook was
good. .. :•
~ A meeting "of the -depositors iii the
CaTlfornla nafe' deposit and trust conj
>&ny liss been called for .'tomorrow at
l o'clock In the afternoon in \u25a0 Judge
Vlurasky's courtroom.
RAISING MOXEV IX EAST
Brown received a dispatch last even
ing that brought encouraging informa
tion concerning the progress of the at
tempts of President David F. Walker
and Director Bartnett to raise money In
th<» *est. Oy
'•* Homir S. King, president of the
clearing house, in discussing the sit
uation yesterday afternoon, said:
'\u25a0 "As soon as the' San Francisco banks
can get their money from New York
everything will loosen up. This money
amounts to several million dollars. To-*
day the banks are paying coin vp -to
il 00. Where a larger amount is asked
!or payment is tnade through clearing
house checks.
"The situation Is Improving con
stantly. It will be but a short time
STANDAR^'-'AHA ALKALINE I
NATURAII? WATER j
A ' Standard 1
Delightfiil l 5C ora * rtssv ™^ C H re i
Table for |
3 Water Dyspepsia |
i with Sl^aPHrsi Stomach |
I Miglily .. m^^M Troubles |
1 Medicinal rlSg|§i^ atl 1
| Qualities U§||S|E|t'' Gout g
befor.9 everything will be straightened
out. New York is' causing all the trou
jble.' \ The flurry: In the east and the
jrunsMn the east are all over. We were
jforced to adopt the clearing house'eer
;tlflcate plan only because -of the finan
c.lal *tieup in the east. That would
never : have .been done except for the
protection of the community's business
interests. As I .have SAld, before, ; the
state of California was never in better
condition. . The crops are. normal and
the demand for- them Is «tro,ng o at high
I prices and they are practically all sold.
•The hanks hav^' advanced the money to
move the crops." . . ?
DO BUSINESS AS USUAL
.W. E. Palmer,'- secretary, of # th« asso
ciated savings banks, said: ' >'•'
"The"- business, of the ;savings banks I
of the Icity proceeded' today just as
usuaL, Every savings bank opened at {
the usual time. . There have been no
signs of excitement in any quarter. The
seem to understand the sit
uation and know that th,«: ; re is nothing
to be alarmed about. There has not
been any unusual demand' for money.
No* one was waiting -when the banks'
opened' at, 10 o'clock ,to draw money.
The people' are sensible and are taking
a philosophical view of the. Bituatlon.
The governor was wise in declaring a
legal holiday for the good of the coun
try banks."
President Arthur A. Smith of the
Savings and Loan society said that
thvere had been no demand more than
ordinary at his banking house, i He
continued:
"The community is proving Its strong
common sense at this time. Yesterday
more money was taken in by the sav
ings banks than was paid out. Taking
yesterday and today together the aver
age is Just the ordinary one for the
two days."
W^ E. Wilson, vice president of the
American national bank, said:
"We hear that the financial situation
in New York has improved. The
trouble Is simply the clogging of the
financial machinery which has pre
vented the free movement of exchanges.
The eastern banks refused to ship cur
rency and coin and are using checks.
The amount of coin and currency in
San Francisco ,Jias not been sufficient
i to fill the demand for money.
VA venues are being opened up for
the transmission of ' coin westward.
The banks are solvent and the present
trouble will end soon. The opening of
the commercial banks today was due
to a general understanding and the
necessities of the situation. New York
balances can be transferred to Chi
cago and to Kanas City and to Denver
and so gradually will get west in that,
way. We will have more cash here
than is needed."
GOLD COMING FROSi EUROPE
Philip Liiienthal, president of the
Anglo-Californlan bank, said that the
Bank of England was doing all it could
to better the financial situation and
that the improvement would be evident
as soon as the gold arrived from
Europe.
E. J. Tobln, secretary of the Hlbernia
savings and loan society, said yester
day that the situation had greatly im
proved and that the end of the flurry
was in sight. He continued:
"The people have shown their good
sense, and if they continue to show
this same spirit the trouble v will be
over in a few days. The banks of .San
Francisco are sound and there is no
cause for alarm. The banks have
agreed, that preference must o be given
where large payrolls exist so that the
workmen may receive their full wages
as usual £t the end of the week."
A. E. Sbarboro, cashier of the Italian-
American bank, said that business had
proceeded along normal linies. The de
posits wfire heavy ana the withdrawals
few. •'.' "\u25a0' \u25a0' . \u25a0 \u25a0 \u25a0 .\u25a0: . -\u25a0
. R. M. Welch, secretary of the Cali
fornia bankers' association, said yes
terday that the situation was so satis
factory that no meeting of the associa
tion was contemplated. The associated
savings banks held a 'short meeting
last night. The situation was can-"
vassesd and found to be eminently
satisfactory."
The mining, stock .and bond ex
changes held sessions yesterday^ as
usual.
Banks in the Interior Do
Not Observe the Holiday
Remain Open and Transact Usual
Business Without Disturbance
Telegraphic reports from every sec
tion of the state brought the informa
tion last night that the banks had not
observed the holiday proclaimed by
Governor Gillett. The dispatches from
the outlying cities and towns were al
most Identical. All contained the in
formation that the financial Institutions
had remained open as * usual and that
there had been no disturbance of any
character. The Los Angeles clearing
: house announced that the financial in
stitution's had remained open as usual
and that there had been no disturbance
of any character. . The Los Angeles
clearing house announced that it would
assist not only the banks of Los A
ngeles, but those of the surrounding
country if necessary. Confidence in the
banking situation was reported from all
points from the northern boundary to
San" Diego.
The only bank in Alame.la county
that closed Its doors in observance of
the day was the State bank at Nlles.
Jackson Dennis, the president, ordered
the bank. to be closed as a matter of
respect to the governor, Dennis ' ex
plained.
The closing of the bank was the
cause of an incipient strike of hundreds
of laborers employed on Western ' Pa
cific-railway construction work : by the
E. B. & A. L. Stone company. They
had heard that their time checks could
not be cashed and before explanations
could be made to the angry pick and.
shovel men.' a stampede had been start
ed among them.
After threatening to stop all work on
THE SAN- gRAXCISCO GAEL, FRIDAY,. yQ.VEMBER 1, 1907.
[He's the Man That's Responsible for th?frogble\
-..- • -: \u25a0 \u25a0 • -. . .
Federal Government to Put $30,000,000 More
in Circulation to Aid Business Activity
Golden Wave of $23,750,000 Soon Will End the Recent Coin
NEW YORK, , Oct. 31.— While ,
banking condition^ so far as c New
York is concerned have become fairly
normal in that there are supplies "of
credits to be had, there is now occu
pying the attention of the financial
world 'the solution of : the ; problem of
obtaining an interchange o§ credit and
funds among the leading cities of the
United States.
Struggles for money have now be
come so keen that Philadelphia and
Plttsburg have locked the doors of
their vaults on an outgo of currency
to New York. Chicago exchange on
New York is almost unobtainable ex
cept at great concessions.'; Boston
credits in this city have been ex
hausted and New York will not allow
the egress of money to other centers.
j "The credit centers' of the United
States," said a leading Wall street
banker today, "have llteraHy been
frozen. There is no interchange of
credits or exchange of - currency at
present."
The brakes on business which this
congestion has applied '', are, however,
being loosened bythe activities of the
federal government arid the local bank
ing community. - Banker* are support
ing Comptroller Rldgely's plan to in
crease tho amount: of bank note circu
lation, and it Is believed. s3o,ooo,ooo of
additional currency will be taken out,
provided the banks can obtain the!
necessary amount of government bonds. I
In this connection ' Frank ,A. "Van
derllp of the City bank suggested, that
the savings banks; ought to make -it
possible for the national banks to
take out additional currency either by
selling their government bonds or
transferring them.
Word has also been sent to the Phil
adelphia.mint to coin immediately $15,
000,000 double eagles, so that these J gold
pieces can be placed In" circulation* ln
order to relieve, the money strain. \ „
Efforts to bring in more^gold from
abroad resulted today in the engage
ment o*f $1,500,000: from London by
the road in this section, the malcontents
were at last ; molliflea I with the assur
ance that, there would be_ no trouble. in
getting cash for the check's. / The crowd
returned to~ work apparently satisfied. ,.;
The Oakland 'clearing house, repre
senting every; bank but one, decided to
remain open and to transact business
Just £&». though r the r Ifoliday had net
boen declared. • ,
The i bank of SaniLeandro was closed
early in the.day/rbut President L. C.
Morehouse ordered it . opened as ",.. soon
as he : was advised -that the : Oakland
banks were open.:. - • " ;
Stockton, Sacramento, \u25a0 Santa Cruz,
Marysville, \u25a0-, Santa Barbara,
Baker sfleld. Fresno, • Eureka," Chlco, San
Diego and Los Angeles sent typical re
ports of complete confidence. and satis
factory business. ; Following ; the ex
ample of San Francisco; precautionary
measures < have -been' adopted in the
"other cities i of the state :.; J :
f . The combined .banks ,of Santa Rosa,
Sebastopol : and , Guerneville ;: issued . a
somiofflclal ' statement J yesterday to . the
effect that while they had made large
advances; on;: one 'of the 'most valuable
crops' in the history of, Sonoma county,
: and; were" unable :t; to '; receive ' immediate
returns owing to present "financial con
ditions, they had. ample -funds on hand
to "meet", all I requirements. • They,'ad
vlßed their clients,^ however,! to handle
their funds in a manner as nearly nor
mal i as . possible," until ! conditions in ; the
east improve. -
RJEBTJSE TO MAKE STATEMENT
NEW YORK, Oct! 31.— Officials of the
Bowling Green trust company," at. 26
Broadway (\u25a0rere|considerably)perturbed
when a Call representative 'inquired ".to
day as to theVextentlof ttheir account
with' the California-; safe\ deposit- and
trust company, of ; San Francisco. S; : After
a consultaion 'the;' officials- said: ; "We
can .make .no; statement; at jthisKttnie:
Just say' that ;we' have; no 'Statement to
make at present.";:. Further .questioning
failed : to bring anyJotherirosponse.^^i,
Special by Leased Wire to The Call
New York bankers. . This engagement
brlngs'the total amount of yellow. metal
on its way to New," York to $23,750,000.
Only 2,500 depositors "in a half, dozen
of the leading savings banks inthe.clty
have given the required 60 day* notice
of withdrawals and the. institutions are
not at all. worried by. the developments.
\ -Disturbances : in^thls ; \u25a0pity's | banking
field have abated • with the ext-eption "of
the runs on the Lfricoln trust and the
Trust Company of America, where a
sort of chronic condition' has, set In.
Th/» excltement r has died out and only a
few appear inline, for only a few. now
reach the window of the; paying teller.
At the Trust Company of America to
day one bank'sj messenger occupied the
attention iof ; the paying 'teller all day.
It was ' stated -that ho had more . than
500 -checks, each of which had to be
t verified -and proved.
Banks Quick to Take Up
Offer of Treasury Funds
Chicago Engages $2,000,000 and
Total May Touch High Mark
Special by Leased Wire to The Call
\u25a0WASHINGTON, Oct. 31.— Secretary
Cortelyou is much gratified at the
alacrity with which national banks are
availing themseives of the facilities
offered for increase of national bank
circulation. George E. Roberts, for
merly director- of the mint and* now
president of : the, Commercial national
bank of- Chicago, came here today -to
engage $2,000,000 .additional circula
tion for the institution.
Inquiries* from other banks indicate
that the expectation of the comptroller
of the currency that from $15,000,000
to ?2d,000,000 can be added to.circula
tion ovill be. realized and possibly sur
passeJ . Mr.- Ridgeley went so far ao
to predict that 'circulation' , may' be
Bwelled by as, much as J30.000.000. : v V'
The comptroller now fyas $167,000,000
Ui national bank currency, and •while
amount of this belongs
to banks which \u25a0 already- have issued
circulation ; to- the limit of .their
11 # nit , "It costs less; than one; cent fora cup of my h
Vi// 1 / A Cocoa— a trifling expense for a luxury. fj
capacity, other ba"hk3 still have a con
siderable margin. One large national
bank in New York -city which could
put. out $10,000,000 additional circula
tion is expected soon to apply to do so.
Banks Making Applications
for Loans of State Funds
Treasurer Williams Awaits Legal
Advice Before Granting Them
SACRAMENTO. Oct. 31.— Since the
announcement of the governor's proc
lamation declaring today a holiday to
assist the banking interests of the
state, - there have been many applica
tions, for state money, which under the
law passed by the last legislature may
be lent t6 approved banks which give
proper security. State Treasurer Wil
liams has refused ;to forward loans
until he shall have been advised by
Attorney General Webb, on the ground
that he' does not know whether it would
be l<sgal to close the deals on a legal
holiday. Williams said:
. The proclamation declaring today a holiday
has not aftVcted tt»> cashing of warrants against
the state treasury. This is payday and th»
officials - and attaches of the state . bare been
paid. .: But I hare refused to fend out money
sought by banks 09 loans heretofore negotiated.
These applications since holidays haTe been pro
claimed hare been pouring In, but before I
close any of the deain I am going to get advlc*
from tho attorney general. . . \u25a0
' Under tUe l»w A the loans cannot be made
unless the banks give . good and' sufficient se
curity. In all the cases where loans have been
negotiated and the money has been turned ovpr
to the banks th« . security Is good. ; I would
faror letting the money out, because it wouM
be" perfectly secure and would dij good, but m
a' matter of protection ..to myself and to the
banks I shall not close any of the loans until I
hear from : the attorney -general, which will be
tomorrow, or the, next day.
It was announced , at the capltol to
day that Governor, Gillett had left his
home in Eureka and would arrive in
San Francisco early tomorrow morn
ing. \u25a0 \u25a0.;.;.\u25a0=•'. "•;. ,- \u25a0. J -"..\u25a0\u25a0\u25a0.\u25a0 . ;•
; Acting, on the direction of Governor
Gillett," a second proclamation,' declar
ing: tomorrow \u25a0 a holiday, was issued
as follows: . . . . :
interest .of the public, welfare, I,
J. N.- Gillett. grovernor of tba -state' of Cali
fornla./by rlrtue-of authority Tested in me by
tte constitution and laws of this stah*. dft
hereby -.- designate, appoint " and declare '• Friday,
the first day -of NoTemb«r, A. D.. 1907. a» a
public '- !*««< - holiday. "•*
Fresno Friiit Growers Feel ;
Money Stringency in East
\ Cannot Follow the Usual L Method
j of Moving Their' Crops
FRESNO, Oct. 31.— A serious situation
has developed : here--in connection > with
moving the fruit on account of the
financial condition in the east.
ordinary method is, to send through the
local banks a draft ; on : the eastern
jobber attached to the bill of lading.
As :lhe eastern/ banks, are not paying
in cash, 'however, {his method of mov
ing- the raisin and fruit crop cannot
be followed: '; A number of th« packers
explained to the. growers today, that
thoy couldlnot paj-. for the contracted
goods on delivery. The growers have
accepted situation phllosophJcally.
The most, prominent ' packers in the
stale -who' own plants' in will
hold a meeting 'tomorrow with the
local bankers. The object la to devise
a credit system whereby the- great
raisin and dried fruit crop of Fresno
can be handled.
FAILS TO GET »6^00,W0
NEW YORK. Oct. 31.— Notices were
sent out by the Denver and Northwest
ern, railway company that the 'Company
Has'' been* unable to obtain fund* to pay
the $6,000,000 first gold mortgage 5 per
cents, called for retirement November 1.
The company operates .electric lines be
tween the Denver City lines jaini Ley
den arid Golden, Colo., and 13 also t»e
holding company for the tramway sys
tem. This holding 1 company* floated
$20,000,000 of bonds and planned to re
tire the former indebt.'sdnesa of $8,000,
000. The Denver. Northwestern and
Pacific- (the" Moffat railroad) is Itv no
manner connected with the trolley
company.
CASHIER KILLS HIMSELF
DES-MOINES, , Oct. 31. — National
Bank Examiner H. M. Bostwlck is In
charge of the First national bank of
Charitoni la., whose cashier. F. R.
Crocker, committed suicide rather than
face .impending trouble last night.
Cashier Crocker left a note to Exam
iner Bostwick. explaining that the bank
had ; overloaned. The bank is capital
ized^ for $50,000. and has a surplus of
$50,000. It carries about $90,000 in
deposits. The other banks of Chariton
are unaffected.
WMIT.IS »I 5 A. WEEK
GUTHRIE. Okla.. Oct. 31. — Four hun
dred bankers, representing the Okla
homa and Indian territory banking, as
sociations, in convention In the assem
bly rooms of the lone hotel here to
night agreed on a plan to reopen all
banks not later than Monday, with cash
payments not to exceed $5 In any one
day or $15 in any one wwk until the
shipment .of money Is resumed from
the moiwy centers.
POSTOFFICES NEED CASH
CHICAGO. Oct. 31.— The Chicago post
office went to the rescue of postofflces
in the west in V material way yester
day. Postmasters in many towns were
seriously handicapped by the ! lack of
currency with which to pay money or
ders, and a heavy, call was sent to Chi
cago for aid. At Postmaster Camp
bell's office it was said there was plenty
of money on hand to meet the appeal.
SHASTA'S BANKS "WOT OPENED
REDDING, Oct. 31. — The four banks
In Shasta county did not open for busi
ness^- today, observing the governor's
proclamation of a legal holiday. Resi
dents take the situation as a matter
of course. No alarm is felt, but mer
chants note a pronounced falling oft
In business, the day's receipts not be
ing half as great as those of yester
day.'; Miners and smelter men have
been hoarding money and spending only
for necessities. . „ . •
WILL CONTINUE COXSTRUCTIOX
CHICAGO, Oct. 31. — Construction
work* on the Illinois Central railroad
will be. continued, according to Presi
dent J. T. Harahan. who returned from
New York today. 'Some m^n might be
put out of work by the.coining winter,
but there will be no letup in the work
now, said Harahan.
o"V ' vv"Q
\ PASTEUU FORMULA \
STOPS IXDIGESTXOX
! Go to any well stocked pre- !
scrlption drug store and get the
.' following: Two . ounces Essence
of Pepsin; three ounces Syrup of
i Ginger; one ounce Catandir Com-
<\u25a0 pound; mix them well in a six
ounce bottle and take from one
to two te&epoonf uls after each
meal also at bed time for the
first four days.
1 This is a harmless mixture,
pleasant to . take, and is said to
be the most effective formula
known to science for the relief
f and cure of all stomach troubles
such as belching, sour stomach,
bowel pains, and chronic dyspep-
* sla. It was given out by the
great scientist several years ago,
who also claims that dyspepsia ,
is responsible for seventy-flva
per cent of all diseases because
from this the blood is poisoned
and the system weakened so that ,
it easily falls a victim to the at-
tacks of any malady. Therefore
symptoms of indigestion should
be promptly relieved and much
future suffering will in this way
be avoided. • . .
A well known local druggist
states that he frequently fills
this prescription for the best
physicians here and that he has
seen remarkable results from its
use.' '
Q.«.« »n— —\u25a0\u25a0\u25a0..«\u25a0\u25a0«.\u25a0».\u25a0»\u25a0»\u25a0\u25a0«'\u25a0\u25a0»« .«\u25a0'»!« i» » . imQ
"I nare used jonr valuable Caasareta and Had i
them perfect. Couldn't do without tb«m. I b»r«
psed them for tome tim* for indiceatlnn aad bil-
iousne»s and am now eomplatsly ear«t!. Iteeom-
n«nd ttaemtn eTeryon*. One* tried, yoa wUt
Barer be without them in tba family."
; . Edward A. Marx. Albany. N.T.
*^^B^S^ CANDY CATHARTIC \^^^
.' Pleasant. PaUt^ble. Poteet. Taita <Snod. Do Good. ;
Never Slcketi, Weaken orGrlpn. lie, Kc.SOc. N>Tjr
•old in bnlk. > Tbe t*nnina inhlet stamped CCC.
Qnarantead to care or jour mouey baok...
Sterling Remedy Co.*, Chicago or N.V. 64a
AHHUAL SALE, TEH MILLION BOXES .
with yoor
\u25a0^^^^^ 'if
B
\u25a0Rain or Shine
\u25a0.you must have a Cra-
\ venette Raincoat.
Wei have 50,000 Coats to se-
lect from. * n
: \u25a0 .Attend the great Manufac- H
Ladles' $40, silk rubberized
yien's $20 Cravenettes. 9ll.3s jj
_ Ladies* $22 Cravenettes. s9.7s jj
\u25a0 Men's and WQmen's Raincoats |
jj (Value $8) ......:.--. ,. $2.75 S
-; Bt>ys* and Girls' Raincoats al-
I .most given away.
. These prices are. for Friday
\u25a0 and Saturday only, j
GboDYEAR
I RAINCOAT CO.
1692 Fillmore St. x
L Store Open Evenings. 8
85251
I YOUR EYES
We have a new Ma-
terial for your glasses.
It jrives a dearer,; -.\u25a0\u25a0
• cooler and steadier : "
vision.
Call and Inquire
THE OCULARIUM ; v
HENRY KAHN & CO.
1309 VAN NESS AY.
Next to N*wnu 3c. Lavintoa
Chamberlain's
Cough Remedy
During 1 the pass 35 years no rem-
edy h'AB proven more prompt or
more effectual In Its cures of
Coughs, Colds and Croup
than Chamberlain's Cough Remedy. lat
many homes it is relied upon as Im-
plicitly as the family physician. It con-
tains no opium or other narcosic, and
may be given as confidently to a baby
*str» r-i «rtult. Prop ?sc: lartr" \u25a0' : :« 500
COFFEE
All the good words for
coffee ought to be kept for
good coffee. ' r *\s
. Tmjr jroc«r returns yoor ctoney If rou
don't like Schilling's Beit; wf pa' bin.
TAXES TAXES (
NOTICE TO T& PAYERS
Ijiffl fljiii 1 uu wiih ifli lij iiy 1 11 ij n ijdtLiiuwi irffyi
1. NOTICE IS HEREBY OIVKX,
that the taxes on all personal property,
secured by real property, and one-half
of the taxes on all real property, will
be due and payable on Monday, the
14th day of October, 1907. and will b»
delinquent on Monday, the 25th day
'of November. 1907. at 6 o'clock p. m..
and that unless paid prior thereto 15
per cent will be added to the 'amount
thereof, and • that if said one-half be
not paid before Monday, April 27, 1903.
at 8 o'clock p. m., an additional 5 per
cent will be added thereof. \u25a0
That the remaining one-half of the*
taxes on all property will be- payable:
on and after Monday. January S, 1308.i,
and will be delinquent on Monday.
April 27. 1908, at « o'clock p.-.m.. and
that unless paid prior thereto- 5 per
cent will be added to the amount
thereof.
2. That all taxes may be paid at the
time the first installment as : herein
provided is due and payable.
3. That said taxes are payable at the
office of the Tax Collector. £40 McAl-
lister street. For the convenience of
tax payers unable to attend during the
day the office will be kept open even-
ings from 7 to 9 p. m. from November
11 to November 23. both days inclusive.
Positively no checks recefrwd after
the 13th day of November. 1307. and
tbe 20th day of April. 1903. respectively.
Tax payers will save much Inconveni-
ence and delay by bringing last year's
tax bills. . . .
All' personal property tax bills unse-
cured by real estate will be mailed to
the respective addresses.
J.- F. NICHOLS. Tax Collector.
Dated at San Francisco, October 21.
THE CALIFDaNIA PROMOTION COMHinEE
(Organized 1903) C"
PROMOTION: Tbe act of promoting; td-
T«ncement; ENCOURAGEMENT. — Ceatary Dto-
itoaary.
The California Promotion committt* has for
Its object the PROMOTING of California as a
whole. ,'
It baa nothlnz to mil. : .
Its energies an devoted to fostering all things
that bare the ADVANCEMENT of California a*
their object. * .
' It-glres reliable Information on erery nubjecf •
connected with the indnstrtes of California. t'j|
It gt^ea ENCOURAGEMENT to tn« establish-
ment of new industries and tsTite* desirable Im-
migration. -* • \u25a0 " \u25a0 ; '
It It not an employment as-nej. althcncb It
gltea information regarding? labor conditions.
It presents the opportunities aad neerta in all
fl'Ms of bu»!ne«3 and professional activity.
. Tbe comtalttee i» ropported by popular »»b-
\u25a0criptioa aad maies no ebarge for any serTi.-«
Ttodered.
Affiliated with tbe commtttee ar» too commer-
cial organlutions of tbe state, witb a member-
•nip of over 20.000. . >
! Meetings . are beld semiannual!? :in different
parts of Callforala, wbere matters of state la.
terc*t are discussed.
Headquarters of tbe committee, are maintained
In San Francisco In California bulMln?. Uaioo
; Mtnare. .jaHHHBBHBMKSHSaM
f CORRESPONDENCE INVITED.