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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (May 16, 1908)
TIIE MORXIXG OliEGOXIAX, . SATURDAY. MAT 1G, 1908. - if rai Earn Large Profits, Entail No Risk, Are Doubly Guaranteed, Cannot Depreciate, Cashable on Demand, Carry a Bonus, Interest Bearing, Income Earning, Increased Valuation The Interest on These Gold Coupon Real Estate Certificates Commenced May 1, 1903, and Is Now Accruing; Payable Semi-Annually Gold Coupon n PROFITS This certificate has four earning powers--Bomis, Interest, Income and Increase Valuation. NO RISK Its principal and interest is held in trust and hence cannot be misap plied or dissipated. GUARANTEE In addition to its funds being invested, in Portland Business Real Estate under a trusteeship, The Standard Trust Company of Portland, Oregon, guarantees its principal and interest without reservation. NO DEPRECIATION Regardless of what depreciation may occur in the real es tate market, these certificates being guaranteed in principal and interest, will never go below par. ... CASHABLE The Standard Trust Company will purchase these certificates two years from their date of issue, paying the principal face value with a 2 per cent bonus and all accrued interest thereon INCOME One-half of the net income received from the property held in trust for these certificates, will be paid to the certificate holders, and available data show net income should range from 8 per cent to 15 per cent per annum. INTEREST r-The interest on these certificates commences May 13908, payable semi-annually and is guaranteed absolutely, under a trusteeship. INCREASE VALUE The increase value of Portland Business Real Estate has been steady and healthy and easily justifiable. Within the last few years the Eastern money interests have fully realized the many and wonderful resources of Oregon, among which are its agricultural lands, its timber and its water powers all needing develop ment and exploitation. These resources must all pay tribute to Portland, and it is easy to reason why Portland business property has within the past six or seven years in creased from 175 per cent to 400 per cent, and' it is safe to predict that the next five or ten years will see even a greater increase. DIVIDENDS The property purchased and held for these, certificates will be so held under trusteeship for ten years and then sold. The certificate holders will receive in addition to the face of their certificates and the interest and income paid on them, one-half of the increased valuation of the property,' being the difference between the purchase price and the selling price of the property, which can easily be estimated be tween 200 per cent and 300 per- cent, for every reason gives evidence that Portland should have between 500,000 and 600,000 population within the next ten years. CONFIDENCE This investment must appeal to all who have confidence in Port Call on or address land, and all living in this beautiful and glorious Pacific Northwest Country must know that Portland is 'destined to be its financial and social center. DENOMINATIONS These certificates are issued in denominations of from $25 upwards, allowing the small investor the same privilege of profit sharing and an equal advantage of the large and assured advances of Business Real Estate, as is enjoyed by the man of great wealth. Remember, the interest commenced May 1st, 190S, and is now accruing. . CERTIFICATES The following will illustrate the sources of income from our Gold Coupon Real Estate Certificates: Principal Guaranteed .Amount Invested Interest Guaranteed 4 per cent annually Rental Income 4 per cent annually Increase Valuation .,. . 7 per cent annually Profit on Investment should easily be ........ 15 per cent annually And as much more as these values increase during the life of these Certificates. INCREASED VALUES It will be observed in our above illustration of "In creased Values," we have estimated less than 150 per cent for ten years, while Portland Business Real Estate has increased in value during the past six or seven 3-ears from 175 per cent to 400 per cent, as illustrated by the following: Property. Sold. Assessed Value. Increased Valu9 $81,500 212,500 45,000 87,500 90,750 67,000 Lot 3, Block 64 $33,000 East half Block 43, Couch Add 70,000 Lot 6, N. half Block "J" 15,000 East half Block 313 25.000 Lots 5 and 6 N. half Block "I" 45,000 Lot 17 S. half Block 85 13,000 Being a total average of over 203 per cent. Comparisons of this kind could be secured, sufficient to fill many pages. quotations simply cover ground values, exclusive of improvements. INVITATION We invite all to call at our offices and we will be pleased to enter into full detail with them, explaining any subject of this investment which may not at once be clear to their full understanding. Over 175 per cent Over 200 per cent Just 200 per cent Over 200 per cent Over 100 per cent Over 400 per cent These STANDARD TRUST COMPANY PHONE Main 8623 A 1139 OFFICERS WM. H. GARLAND, President H. P. DAVIDSON, Loans I. W. LANE, First Vice-President E. L. DeKEATER, Cashier A. J. DILLON, Second Vice-President C M. SCHERER, Trust Officer JOHN B. MOON, Secretary A- E. CLARK, Counselor CHAMBER OF COMMERCE BUILDING, 26S-67 STARK ST, PORTLAND, OR. IN HELPS CROPS Was Badly Needed by Wheat growers in Washington. OREGON HAD NO THIRST the order with 50 members. The work will be in charge of State Deputy Gor man, of Seattle, and he will be assisted by the officers of Portland and. Seattle councils. The party will leave at 8:30 A. M. and will attend mass In a body at 10 o'clock. Father O'Hara, of St. Mary's Cathedral, will preach. All the afternoon will be taken up by degree work. A ban quet will be given the visitors at the close of the exercises. Cars leave Van couver on the return trip at 10:55 P. M. Visiting Knights are cordially invited. REGULATES JUNK TRADE Grain In This Slate Would Not Have Suffered Hud S towers Been De layed Precipitation Heav iest in This City. While the rainfall of the past 36 hours, has been general throughout Oregon, "Washington and Idaho, the downpour was heaviest in Northwestern Oregon and Southwestern Washington. Grain crops in this state were not suffering for rain and would not have suffered any damage for two weeks. But the pros pects for another bumper crop are greatly improved by the generous showers. Growing grain in kiistern Wash ing ton, however, particularly in the ter ritory along the Northern Pacific Rail road, was seriously in need of moisture and the rain probably will prove the salvation of the crop. The rainfall was the heaviest at Port land, where the total In the 21 hours ending at 5 o'clock yesterday afternoon. was l.R inches. At North Head the total j for the same period was 1.04 inches. In Southern Oregon the rainfall was light, only .12 of an inch being registered at , !Koseburg during the past 24 hours and ! only ,17 of an inch at Marshtield. At .Baiter City .IS of an inch fell Thursday night and only .02 of an inch yesterday, going to show that the rainfall was heavy only In the sections before mentioned. The river at Portland ha. boon sta tionary at a stage of 12.3 feet for the past IS hours and unless the rain be comes heavy in the Upper Willamette Valley and also in Eastern Washington and Idaho, which is not expected, no marked rise at Portland will occur. .Nothing was learned at the local wea ther bureau yesterday of the rainfall in the count if east of the Cascades, although moderate showers were reported jrnm The Dalle and Umatilla. The normal rainfall at this season of the year is 41 inches and while the aver age citizen may think the state has had "about enough rain for one Winter, the fact remains that the total full to date since September 1. has been only oti.38 inches, or nearly five inches below normal. This deficit, however, may be wiped out if the storm continues a few days longer. It way reported from Gilliam County that about three inches of snow foil during Thursday night and yesterday forenoon. This form of moisture was as welcome to the farmers as the continuous rain In other sections. Wasco was visited by a moderate rain, meeting all demands of the fruit and other crops and insuring for Hood River Valley another bountiful yield of horticultural products. Forecaster 1-odholt. who is in charge of the office in the absence of District Fore raster Beals. last night predicted showers for today. Ordinance Asked by Police Now Awaits Mayor's Signature. Mayor Lane has under consideration an ordinance which was passed by the City Council last Wednesday, regulat ing second-hand and junk dealers, and fixing strict rules for the enforcement of the law. The most stringent clause of the measure compels every dealer to furnish a surety bond of $1000 and make a daily report to the Chief of Police of everything purchased the pre vious day. Dealers having no perma nent establishment, but who travel about the city buying old junk, must furnish the same report and a surety bond of $500. The police consider this ordinance an excellent measure, and believe it will enable them to keep closr tab on the actions f these dealers. Much trouble has been occasioned heretofore because of the inability of the officials to secure correct lists of goods pur chased by the dealers. Kven the books that are required to be kept in Knglfsh have frequently been kept in Hebrew, and there was no means of checking up the entries. Mayor Lane is also considering two ordinances, carrying appropriations of $500 each from the general fund, which were passed by the Council at its last meeting. It is believed ho will veto both, because of his well-defined atti tude regarding further expenditures from the general fund, which he de clares is running dangerously low. One of the ordinances carries $r0) to be used in employing a consulting engi neer to investigate the feasibility of locating a garbage crematory on the river bank, north of the city, and the other carries an equal sum. to be used In deeorating certain streets on the Kast Side for the Rose Festival. Mayor Lane vetoed an ordinance ap propriating $2850 for a floral arch for the festival, and because of thai ac tion, it is predicted, he will take simi lar course with these ordinances. Kntslits of Columbus at Vancouver, The KnightB of Columbus of Portland, Astoria. Baker City. Marshtleld and Se attle will go to Vancouver. Wash., Sun- ,iav next to institute a new council 01 HAVE YOU SEEN THE FLEET? A commanding view of the great battleship fleet can be had from the hiKh bluffs at Newport. Or. The fleet will pass this point under "slow bell" Wednesday morning. May 20. The Southern Pacific Company and Corval lis & Kastern will sell special tickets from Portland and all Oregon points to Newport and return May 18 and 19. See any local ejrent or call at the city ticket office. Third and Washington streets. A Callforniaa's Luck. "The luckiest day of my life was when I bought a box or HucKien s A r nlca. Salve": writes Charles F. Bu- dahn. of Tracy. California. "Two Hoc boxes cured me of an annoying case of Itching piles, which had troubled me for years and that yielded to no other treatment." Sold under guar antee at Woodard. Clarke & Co.'s drugstore. Olympla Malt Extract, good for grand. ma or baby. Only 15-100 of 1 per cent alcohol. Phones: Main 671. A USJ. Hanan an oca at KoaenmaTa PLANS TO PAKTICIPATK IX T1IK PORTLAND KOSE FESTIVAL. distinguished visitors have come to the States for the purpose of hunting bear in Washington and Oregon, and have brought with them enough guns and ammunition to wipe out every bruin in both states. In the party, at tended by two maids, is the little prin cess, Kapiolani, five years of age. She will not participate In the bear huntd. Organization Consists of 2 5 Women and lias a High Reputation Throughout Montana. As a boost for Bozeman, Mont., the Ladies- Imperial Band, of that city, will be sent here to take part in the func tions of Rose Festival week, provid ing the management can arrange a sufficient number of concerts on the way to and from Portland to pay a part of the expenses. This musical aggregation has a high reputation throughout Montana and consists oi 25 fine artists. The Bozeman Board of Trade is un dertaking the scheme of handling its itinerary to the Coast in order co show what it can do in comparison with the many other bands that will be assembled here during the week. An advance agent of the band is in the city and says that with half a dozen concerts booked for the tour. the organization will come here and appear in all of the leading functions of the celebration. The Festival management is also in correspondence with the Ladies' Band of Burns. Harney County, this state, and hopes to secure its presence here under some similar arrangement. Another interesting feature along the line of musical attractions of the gala week is to have a massed band, something after the fashion of that which the Elks make a part of their grand lodge pageants each year. Every musical organization in Portland will take part In one or more of the festal occasions, and a considerable number of outside bands have signified their Intention of being present, particularly the Corvallis Cadet Band of 40 pieces, the Chemawa Indian Band, the Military Band from Vancouver Barracks and others. With this magnificent array of tal ent, a part of some day's programme will be set apart for the appearance of all these organizations grouped in the imposing musical pageant. It will not be possible to set the exact time for this novel feature until it is known definitely just how many organizations and how many artists will be here during the week. Splendid success is attending the work of the information and accommo dation bureau of the Festival, both in the number of applications for apart ments which are coming in from out side towns and in the way in which local hotels, lodging-houses, boarding houses and private homes are register ing their available quarters for visi tors. So far the registrations have ex ceeded the applications for the reason that it will take some little time for the prospective visitors to make up their parties and determine on the class of accommodations which they will need. At the same time, the Fes tival people urge all those who have one or more rooms to spare, all who have accommodations for rooms with or without board to file their list with the bureau, room 515. Swetland build ing, as early as possible, as the ap plications are coming in faster and faster each day. Hawaiian Prince to Hunt In Oregon SAN FRANCISCO, May 15. Colonel Sam Parker, his son-in-law. Prince David, of Hawaii, and John Baker, were passengers on the Siberia, which i arrived yesterday from Honolulu. The C0TTEL VICTIM OF FORGER VoutU Passes Worthless Check on Member of Council. C. W. Cottel, Councilman and druggist would probably favor an ordinance pro viding capital punishment for forgers. Cottel was made the victim of one of these operators, according to a report which he made to the police yesterday. A suave young man entered his drug store, 574 First street, Wednesday after noon and bought medicine, saying his mother was ill. He seemed a most re spectable young, person and there was nothing to arouse suspicion when he presented a cheek in payment. The check was for $12.u0 ami was readily cashed. But it returned from the bank yester day with the legend "no account" written across the face. Ijearning he had been victimized the Councilman proceeded to give the police a detailed description of the swindler. Needless to say the detec tive bureau is working hard to locate the crook. Otherwise Cottel might not be inclined to indorse resolutions commend ing the police in the future. Court Orders Boy to Become Sailor David WellM, Who Stole Automobile in Which to Knlerlnln Frtendti, Will Ship Before the ManU AUTOMOBILE tastes on a roller skating income have made a sailor out of David Wells, who wanted to be a laywer or a doctor. David will have to take the first windjammer out of port and stay away for a year or two, in order that he may get over his craze for the festive automobile. He was so sentenced by Municipal Judge Cameron, yesterday morning. Young Wells broke into the Rose City garage a night or two ago in order to get an automobile in which to take out a party of friends. He broke a lock and appropriated W. L. Morgan's car. Loading it up with friends, he set out to break a few speed records but he broke the automobile Instead and this brought about his downfall. Unable to run the machine back to the garage he had to abandon it. The absence of the automobile became known at the garage and the appropriation was quickly traced to Wells. He-was arrested Thursday night. Believing that a sea voyage and a few years before the mast might do more good than a term in jail. Judge Cameron suspended sentence in the case when it was called, up before him yesterday morn ing. Wells is now IS and if he thinks he can ' behave himself, he will be entitled to return to Portland by th'time he is 21. BATY MAY BE RETAINED as any one of the three patrolmen now cert i tied could be appointed and is signed to' such a command as -would adjust matters so as to leave an open ing for Baty. Police Committee Falls to Xante Suc cessor to Captain. The police committee of the Execu tive Board did not make any report yesterday as to the selection of a cap tain in the Police Department, to suc ceed Patrick Bruin, who vuas dis charged for incompetency. It was thought the committee would announce its selection, and because of the fact that it did not, it is believed that the administration intends to retain Charles E. Baty in command of the detective staff. He is at present di recting the secret service branch as an emergency captain. Captain Baty, it is known, is the choice of the administration for the position of captain of detectives, and. judging the future by the past, he will be left where he is, as he is believed to be the best for the place by those who have the charge of police affairs. In a recent civil service examination, he passed fourth, and the rules of the Commission require three names to be certified. This has been done, those crtified being Patrolmen Mallett, Riley and Circle. It remains to be seen just how the matter will be settled. There is a possibility that the ad ministration will soon put into service an East Side station, and if this should be done, it would solve the problem, Great opportunities exist In Spain, for American nrm implements Kidney, Bladder, Urinary and Skin com plaints due to excessive Uric Acid. I know what my remedy will do that is why I offer to let you test it free. No case is entirely hopeless and I want all chronic sufferers to write me at once, so I can give them relief. I want them to know that there is one effective remedy that does not derange the stomach, cause dizziness, faintcess, cor affect the heart, for it contains no Iodide of Potash, Morphine. Acetanilide or oiner dangerous drugs. I Want Yon to Hare Kv Valu able New Book en Rheumatism and Other Diseases Due to Excessive Uric Acid My Book elves most valuable Information about these diseases and explains to you tbeir causes and describes my triplex method of curing. It con tains 40 illustrations. Don't waste more valuable time experimenting witb outward applications, for my remedy treats the disease itself not merely the symptoms. Thoa&ands have been benefited by the test treatment alone many entirely cured, and even if the $1 test box cures you, you are un der no obligations to me. for where I said free, I mean absolutely F-R-E E. For this tl box I expect nothing at any time. Your test treatment is wait ine for you and only a limited number will be mail ed, so don't put off sending until later. Send your application today better still. DO IT NOW. XMM To Rheumatics lsm, I I 3 Ci r ' ' S' I Will Send a $1 Package Zj'" rW-! of My Famous Remedy Ik K ? 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State Medical Institute Specialists OLDEST In experience RICH EST In medical knowledge and skill CROWNED with unparal lelled success the sufferera friend the people' specialist. We have cured thousands and can cui you. All chronic. Nerv ous. Blood and Skin Diseases. Stricture. Gleet, Varicocele, Rupture. Piles cured without uitlng or detention from business. Consul tation free. Cures guaranteed. If you can not call. WRITE- Perfect system of born treatment for out-of-town patients. Illus trated book free STATE MF.DICAL INSTITUTE. 178 Wasii lncton fat., b at tie. Waah.