Image provided by: University of Oregon Libraries; Eugene, OR
About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (June 5, 1908)
THE MORNING OREGOXIAX, FRIDAY, JUAB 3,i 1UUJ5. RATI FY NEW BONDS Committee of Union Pacific Passes on Big Issue. MONEY FOR BETTERMENTS liarriman Says Company AVlslios to Resume Developments and Put Its People to Work Total Issue $100,000,000. NEW YORK, June 4. The executive "committee of the Union Pacific Railway Company today rattfted an issue of S0, tMJ.OOU in bonds. ThiB is part of the is sue of 5100.000,000 already authorized by the stockholders. Following this announcement by the executive committee, Kuhn, Loeb & Co. stated that they have closed negotiations with the Union Pacific to dispose of the bonds when issued. They are to be se cured by a first lien refunding mortgage and will run for 100 years at 4 per cent. The issue will be made in New York by Kuhn, Loeb & Co., and in London by Baring Bros & Co., and Glynn Mills, Currie & Co. The price will be be tween 95 and 96. No date for receiving subscriptions was announced. About a month ago E. H. Harriman stated that the maximum amount needed at that time to put the Union Pacific In funds was $25,000,000, "but," he added, "we want to resume developments and put our people to work." Mr. Harriman said $T0,000,000 of the to tal bond issue of J19O.O0O.O0O would be re served for issue under strictly guaran teed provisions only for the construction or acquisition of new lines or additions. GATHER DATA FOR BUREAU Weather Man Would Make Amateur Balloon. sts Useful. NEW YORK, June 4. Professor Al fred J. Henry, of the United States "Weather Bureau, at Washington, has printed forms for use by persons experi menting in aeronautics. It is requested by Professor Henry that aero clubs throughout the country obtain these forms. He says: Corresponding with the observations of the meteorological elements made In the balloon, there should be - collected those made simultaneously at the ground. This can he done by arranging- with the neigh boring? weather bureau stations for special reading of the instruments at the stations, to be made during- the hours of the ascen sion. Many reports in the upper air have been found to be of little value for the lack of surface readings. The direWion and force of the wind at the surface should be recorded for com parison with the Mpeed of the balloon In Its flight. The remarks on clouds should in clude the kind of cloud, particularly at the upper surface and at the lower surface. The time of throwing out or of using the valves should be recorded. Copies of this form for each ascension phould be forwarded to the United States Weather Bureau, to the aero clubs and to the journals which are devoted to aeronautics. PAYNE EXPLAINS PLANS Committee Does Xot Wish to En courage Tariff Revisionists. WASHINGTON, June 4. The fact that Chairman Payne, of the House commit tee on ways and means, which is to in quire into the subject of tariff revision, does not intend to call his committee to gether during the recess of Congress; is attributed to a desire not to encourage tariff revisionists. , "AH that will b done," said Mr. Payne yesterday, "is that the executive depart ments, notably the Treasury Department, will be asked to collect certain data in regard to the tariff schedules, and have the information ready in time for the next regular session of Congress." The Administration programme "now, it is asserted, it for the nomination and election of Taft, after which a special ses sion of the 61st Congress will be called to take up the subject of tariff revision. In the event that a Democrat is elected next Fall, President Roosevelt will call Congress together for tariff revision next November. PLANS TO HONOR FLEET Festivities in Auckland Will ' T.ast Four Days. AUCKLAND. X. S. W., June 4 Festivi ties to last over four days have been arranged for the entertainment of the men of the American battleship fleet and the Governor of New Zealand, all the Federal officials, the Mayors and the municipal authorities are to participate in the welcome. On the arrival of the fleet August 8, there will be an official reception and a review of the volunteers, to be followed by a dinner to the Ad mirals and officers of the fleet in the evening. A municipal welcome will be given the following day and will include a recep tion by the Mayor of Auckland. August 12 and 13 will be devoted to a visit to Rotraqua Lake, where there will be enter tainments by the Maoris. The Governor will entertain the visitors August 14 and this function will be at tended by the members of the Legislature. Fumigate the Kentucky. PORT TOWNSEND, Wash., June 3. United States battleship Kentucky, .on which 77 cases of smallpox were recently discovered, came here today from Bremer ton Xavy-yard for fumigation at the hands of the United States quarantine officials. The work was immediately undertaken, and the vessel will, return to the Navy-yard tomorrow afternoon. TWO SUITS IN ONE Action by L. Y. Keady Against - United Railways. INVOLVES VALUE OF STOCK Other Stocklrolders Assign Claims to Plaintiff Witnesses Say Officials Agreed to Reimburse Investors for Money Paid on Stock. The United Railways Company is the defendant In a suit brought by L. Y. Keady In the Circuit Court, and on trial before a jury In Judge O'Day's department. Judge Pipes,, counsel for the plaintiff, argued yesterday morn ing that the defendant was not en titled to a Jury, but the contention was overruled by the court. Two suits are being tried as one, the same allegations relating to both. Thirty-five stockholders 'are involved, of whom Keady is one. The suit in volving 25 of the stockholders, includ ing the plaintiff, was tried "before Judge Fraztr, without a jury, but as he never entered judgment in the case, it has become necessary ' to try it again. In 1906 the property of the Oregon Traction Company was turned over to the United Railways Company. .This property consisted, for the most part, of franchises and rights of way be tween Portland and Forest Grove. At that time the Oregon Traction Com pany wa3 hard pressed for money, it is said, and an agreement was reached between the stockholders and w. G. Larrabee, J. Whyte Evans and F. S. Griffiss that the stockholders would be reimbursed for $47,850 on J200.0DO worth of stock. Keady owned 988 shares of this stock, worth at par $98,800. He says he sold all but 38 shares,- and that the: three men named, acting for the United Railways Company, agreed to pay him a reasonable value for the stock, or J34.5S0. He alleges that no part of this has been paid. Keady alleges that the other 34 stockholders had paid in $13,270 on the balance of the stock, and that, under the agreement, Larra bee, Evans and Griffiss should have reimbursed them for this amount, but that no part of it has been paid. J. A. Wilson, a former stockholder of the Oregon Traction Company, who had paid $300 on his stock, said on the witness stand that Mr. Larrabee made the statement to him before a meeting of the stockholders in Janu ary, 190B, that all would be reimbursed for what they had paid in. Wilson said the same statement was afterward made In open meeting by both Larra bee and Evans. The stock was sold, March 15, 1906, to George C. Lemcke for $36,300. The stockholders who nave assigned their claims to Keady and who are in terested in the suit, together with the amounts they are alleged to have paid in to the Oregon Traction Company, are as follows: W. E. Uarkedon. $200; Alfred H. John son, $TOrt;-H. Peterson. $10r; E. F. Graham, $1i!SO; p. H. Breier. $300; H. E. Gould, $2000; John Thomas, $m); W. L. Butler. $.iS; Ford Wood. $1400; H. C. Smither, $1400; S. H. Pomeroy, $:t.'; p. If. Messner, $:!."; VC. V. wiswell, $:i-iO; Gua Wahlgren. $10; F. Lavny. $17.-,; F. P. Bruok, $1C.-; E. J. Hy land. $l.-; Ryland O. Scott. $2i0; Dora Moller. $10.-.; Mrs. N. Weldman. $100; Marte Barbara Moller, $105: N. F. Canavan $12.; J. A. Wilson. $:t00; G. U Allen, $:0; John Thomas', $!: N. McL. Coney, $3S; ,T. K. Sharpe, Jr.. $100; W. J. Wall. $3O0; W- C. Relpert, $300: Ferdinand Sechtem. $0; W P. Walsh. $100: J. N. Home, $:K0; R. c. Yenney. $:iflO; John A. Workman, $33: P. H. Messner. S:l."V; Leah Maher, $:t50. The United Railways Company will contend that such an agreement as al leged was never made, and that, even though it were, the company could not be held responsible, as it was not or ganized at that time, and hence could not have had an agent or agents. IN REVOLUTIONARY PLOT CKOWX PRIXCE OF SERVIA IM PLICATED BY ACCOMPLICES.- Witnesses Testify That He Planned Bomb Outrages Against Monte negrlan Government. CETTINJE, Montenegro, June 4. Sensational testimony involving Crown Prince George, of Servia, in a conspir acy against Montenegro, has been given at the trial which is now proceeding here of 32 prisoners charged with revo lutionary activity in connection with the discovery of a store of bombs in Cettinje last year. Two of the .wit nesses stated that the bombs in ques tion had been manufactured by Servian artillery officers by direction of the Prince, the object being to use them against the Montenegran government with the object of overthrowing the ex isting regime. This sworn testimony has caused the greatest excitement here and the in terruption of diplomatic relations be tween Servia and Montenegro Is ex pected. The Servian minister here de clares that owing to the revelations his stay in Cettinje Is impossible. The Crown Prince of Servia is an ir responsible and wild young man, whose escapades and misbehavior have at tracted much unfavorable comment in Southeastern Europe. Resigns Alaska Railroad Job. VANCOUVER. B. C, June 4. J. H. Rogers, of Vancouver, traffic manager of the Tanana Railway, with headquar ters at Fairbanks, has resigned and is now on his way In this city. 0- LEADING FURRIERS FOURTH MORRISON OUTFITTERS GRAND ROSE FESTIVAL BARGAINS FOR. FRIDAY ONLY Greatest values ever offered on high-class merchandise. Out-of-town visitors, take advantage of these exceptional bargains. Read each item over carefully. GRAND SPECIAL OFFERINGS IN OUR SUIT DE PARTMENT, AS FOLLOWS Ladies' Linen Suits, in white and colors; specially priced at $7.85 Misses' Linen Suits, in white, tan and blue stripes; ByJL specially priced at ..Jpffr!70 Ladies' Khaki Suits; specially priced at ...$3.85 White Linen Skirts; specially priced at $1.98 White and Colored Linen Skirts; specially price dat. $ X .39 Tailored and Lingerie Waists; specially priced at -$275 White Lingerie Waists; specially priced at. , . . . V0C clFld $ 1 .43 Colored Lawn and Chambray Waists; specially priced at 89c Ladies' and Children's Jackets; specially priced at. . $3.9S Navy and Colored Panama Skirts; specially priced at . .$4.98 Silk Jumper Suits; specially priced at $ X 4.75 GRAND MILLINERY V PRICE SALE Pattern Hats at HALF PRICE Street Hats at... HALF PRICE Dress Hats at HALF PRICE Misses' Hats at HALF PRICE Children's Hats at HALF PRICE UNDERWEAR AND HOSIERY SPEC'LS Ladies' fine lisle Summer Vests, regu lar values 35c 19 Children's Hose, in black and tan; reg ular values 25c '. . ... 19 $2.00 12 and 16-button Silk Gloves for $3.50 12 and 16-button Chamois and only 98 . Cape Gloves $2.49 New Neckwear specially priced at 21 Ladies' $3.00 Parasols only. . 19 35c Jabots and Stocks . .' 21 PERFECT FACILITIES FOR FUR STORAGE NOW IS THE TIME TO HAVE YOUR FURS REMODELED AT REDUCED PRICES. STORED FREE OF CHARGE. We axe the biggest buyers of Raw Furs in the West. As Manufacturing Furriers, we pay the very highest price for raw furs. Send for our Price List. This is the first time in the history of Portland that a stock of mer chandise of this high class, including as it does Hart, Schaffner & Marx fine suits and overcoats (for which we are exclusive agents) ; "Xtragood" brand of boys' and Youths' clothing; standard makes Of furnishings and hats, were offered at such price reductions. .MEN'S 115.00 Suits or Overcoats $10-50 $20.00 Suits or Overcoats $14.25 $22.50 Suits or Overcoats '.$16.75 $'25.00 "Suits or Overcoats $18.25 $30.00 Suits or Overcoats $23-50 $35-$40 Suits or Overcoats $29-75 BOYS' 2.50 Suits Suits Suits Suits 4.00 5.50 8.00 $12.00 Suits $15.00 Suits AND YOUTHS' Overcoats $ 1.65 Overcoats $ 2.65 Overcoats $ 3.70 Overcoats $ 5.35 Overcoats $ 8.00 Overcoats $10.00 or or or or or or Boys' Wash -Suits One -Third Off $2.50 $3.50 $5.50 $6.50 $7.50 Men's Men's Men's Men's Men's Trousers $2.00 Trousers $2.80 Trousers $4.40 Trousers $5.20 Trousers $6.00 BOYS' AND YOUTHS' LONG PANTS $2.00 Values at $1.35 $2.50 Values at $1.65 $3.50 Values at,l $2.35 $1.50 Fancy Vests... $1.10 $2.50 Fancy Vests $1.85 $3.50 Fancy Vests $2.65 $4.00 Fancv Vests $3.00 $5.00 Fancy Vests $3.75 BOYS' KNEE PANTS 50c Values at 35 $1.00 Values at 65 $1.50 Values at ?100 Sam 1 R osenblatt o Go. COR. THIRD AND MORRISON STREETS ATES jREBUCEO I FROM ALL POINTS ON THE LINES OF THE OREGON RAILROAD & NAVIGATION GO. and SOUTHERN PACIFIC CO. (LINKS 1 OREGON) TO PORTLAND DURING THE WEEK OF THE GREAT TICKETS WILL BE ON SALE AS FOLLOWS: TrtlKr T.ino 1 ( From The Dalles and all points west UtWly , J UIlC A LU U "From Albany and Oorvallis and all points north J "I "5 rrf From Pendleton and points west to The Dalles UIlC lj J clllLl J Prom Eosebirg and points north to Albany Jt "l cinH From all points east and north of Pendleton UUC 1 ctllU O LFrom all points south of Eoseburg FARE AND ONE -THIRD FOR THE ROUND TRIP Final Return Limit June 8 PROGRAMME FOR THE WEEK MONDAY, JVXK 1. oom Arrival at hlgrta noon of Rex Oretronus and Court. Cavalcade escort through decorated treeta and arches to Royal Palace. Rveaina- Feast of Lanterns and General Illumination; Coast Ad men's Rose Banquet. TUESDAY, JUJTB S. Afternoon Opening of the Com petitive Rose Exhibit at the Orient al Building. Evening Illuminated Parade "Spirit of the Golden West." WEDNESDAY, Jl'SE 8. JO A. M. Monster prize parade of Floral Decorated Automobiles. Evening Venetian Water Car nival, procession of Illuminated Public and Private Craft; all-day free exhibit of rare blooms by Ross Boctety at oriental uuiiaing. Damrosch Concerts In evening; at Armory. THURSDAY, JUNE 4. IO A. M. Macnlflcent street parade of Fioral Deoorated Vehicles. Compellt lve Float. Equestrian Clubs. Etc.. including; the marvelous Japanese "Cherry Blossom" pro cession. Afternoon 104 -mile Autlmobtle Race, uO-Mile Automobile Race. Evening East Side Street Carni val of Masqueraders and Children's Parade. Damrosch Concerts at Armory Afternoon and Evening-. FRIDAY, JUNE 5. Morning Business Houses' Re ceptions to Portland Visitors. Evening Allegorical and His torical Parade of EJeetrtc Floats, Including "ChineM Dragon"; Grand Ball at Armory. SATURDAY, JUNE . Morning Regratta on the Rtver: crews from Victoria, Vancouver and the University of Washington will compete. Hon Grand Parade of Woodmen of the World. Afternoon P. X. A. Championship Field Meet at Multnomah Field; Re lay Races for High Schools and Public Schools of the Northwest; valuable trophies to be presented for each event. Evening Pyrotechnics and Mas queraders Farewell to Rex Ore- gonus and Queen Flora. WM. McMURRAY, General Passenger Agent, Portland, Oregon THE NEW POLICIES of the COLUMBIA LIFE 6 TRUST CO. Are Ideal Life Insurance Contracts Issued by a Home Company LOW NON-PARTICIPATING RATES EIGH CASH VALUES Superior inducements offered to reliable active Agents Apply to JESSE R. SHARP, Manager of Agents 214 Lumber Exchange Bldg. W. M. LADD. President . THEO. B. VILCOX. Vice-Pres HAND SAPOLIO Is especially valuable during the Bummer season, when outdoor occu pations and sports are most ia order. GEASS STAINS, MT7B STAINS AND CALLOUS SPOTS yield to it. and it is particularly agreeable when used in the bath after violent exorcise. .All Grocers. sod Druggist flPnPCV Cured; quick relief; removes all linurot ,weilns In 8 to 20 days; 30 o 60 days effects permanent cure. Trial treat ment given free to sufferers; nothing fairer. Dr. H. H. Green's Bens. Bos K. Atlanta, Ga.