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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (June 24, 1910)
TIT 15 MORXIXG OREGONIAX. FRIDAT, JTTJN"E 24. 1910. MODERN DOCKTO BE BUILTONEASTSIDE Deck of Structure Will Be Level With Madison-Street . Bridge Approach. WORK TO BEGIN AT ONCE Operations Are Now Under Way or in Prospect That Will Improve Property and Commerce on . Both Sides of River. Work will be started at one on a dock to be erected on property adjoin ing the east approach to the Madison street bridge, owned by H. N. Burpee and Drake C. O'Reilly, which will be extended to the harbor line and occupy a large portion of the space now allotted to charred remains of what was once a leading enterprise of the city, the Wolff & Zwicker Iron Works. The upper portion of the dock will be utilized as stores, as the dock will be on a level with the bridge approach, while the lower dock Is to be devoted to wharfage purposes, and, as l will be even with the harbor line, promises to make a .material difference In the aspect of that portion of the East Side waterfront. OtWr Changes in Prospect. North -of that site piling is being driven for a new dock and Improve ments are contemplated by Joseph Supple, on property south of the Morrison-street bridge approach. With the completion of the new O. R. & N. bridge another unattractive portion of the front will have a more modern aspect, while in the lower harbor the proposed mill of Balfour, Guthrie & Co., which Is shortly to be erected on property adja cent to the Oceanic dock, will not only add another enterprise to the commerce of the .port, but reclaim unused prop erty. . On the West Side the North Pacific Lumber Company - has paved the way for the occupation of bottom- land that was of little use previously, by con tracting with the Port of Portland Commission to make an extended fill, which has been completed' and extends to the" company's dock and provides for thousands of square feet In additional yard facilities. At Albers' dock the concrete foundation Is finished for an addition to the present wharves, and with the prospects for rebuilding the Harrlman steamer docks near the. Steel bridge, also the'erection of extensive freight sheds in the rear, an enormous amount of labor is promised. Dock, Being Raised. At the foot of Davis street, where the Shaver Transportation Company has Its berth, the rear dock is being raised and a portion rebuilt. At Washington street the dock on the north side is being ex tended to the harbor line and practi cally to Stark street. Under an ordinance now in force all new docks must be constructed with .firewalls, and it Is possible that in the fttture a measure will be enacted pro viding tor the oonstruction of only con crete docks, all to begin at the harbor line. That restriction is favored by those working for a seawall, and it is argued that if the standing docks were bulkheaded and material were dredged from the channel and deposited under them instead of being dumped Into the deep holes In the stream, the channel could be more easily maintained, and "scouring" would result that would keep the harbor always clear of big de posits during freshets. . MODERN SQUARE-RIGGER HERE Pactolus Escapes Being Dismantled and Is Yet Seaworthy. One' of the last American square rigged, ships to be built, the bark Pac tolus. which is celebrating her 19th birthday, is gracing Portland's harbor today, and is a welcome change from the obsolete types such as the Amy Turner and Gerard C. Tobey, which have been relegated td the antiquated list by conversion Into barges, never more to mount the rolling billows Independently,- but compelled to depend on the power of towing craft. The Pactolus is at Inman-Poulsen's getting her gear in shape to receive about 1,000,000 feet of fir for Capetown, and in her hold Is stowed 200,000 feet of California redwood, which she took on at the Bay City. For the past two years the Pactolus has been inactive, having been tied up waiting more de sirable freights and after shipping a new mainmast, she was sailed north, making a run to the Columbia. River against head winds, in 14 days. Built in the days when clipper ships were in vogue, the bark was rated a leader in her class and a strong illus tration of her admirable construction is offered through the fact her wooden hull has withstood the ravages of time to such an extent that not a seam has been found that is not tight, and de spite her long tie-up, the pumps have not been in use for relieving the bilge. The last voyage of the Pactolus was two years ago, when she carried a coal cargo from Australia to tfle Atlantic fleet, then on the Pacific Coast. On her forthcoming trip she will go to Australia from Capetown and take on coal for San Francisco. The vessel is commanded by Captain Dowling, and carries in her crew one woman, wife of the cook, who is signed as "cabin boy." COIXSDON'S CARGO . IS READY Inca and Glenlee Will Form July Coterie at Inman-Poulsen's. Inman-Poulsen have 3.400.000 feet of lumber piled on their dock in readiness for the tramp Coulsdon, which U due to start working there today. She Is un der engagement to Balfour, Guthrie & Co., as is the bark Pactolus, and will clear with a full load for China. The schooner Inca fixed by the Pa cific Export Lumber Company, is due in July to take material there for Ne--Zealand, and the tramp Glenlee is to arrive next month for an Oriental cargo measuring 3,000.000 feet. The mill has not accepted business for off-shore loading in August, but it is probable fixtures will be made next month that will guarantee a busy late Summer and early Fall season. Chamber Answers Longshoremen. Responding to a communication from the Longshoremen, in which it was stated in effect that the Chamber of Commerce would not be" accepted as a body to ar bitrate differences between themselves and local stevedores regarding Increased wages, the Chamber of Commerce has in formed the union that it was not under stood that its attitude with reference to an open shop should have any bearing on the question of the longshoremen keep ing -their agreement to work for- a stip ulated scale. All communications in the matter will be considered by the trustees next month. Powder Launch Starts in Trade. . On her initial journey, which is lil. wlse her trial trip, the new launch L.x left for Martin's Bluff yesterday for a powder cargo, and in the future she will ply In that trade, hand'lng explo sives for the local market and for ship ment by rail, also that conslgnc-I to Celilo for use on the cani-1. Her own er expects ns difficulty ascending the Upper Columbia. Chinook Will Dock Next Week. For three days, beginning June 30. the Government dredge Chinook will remain on the Port of Portland drydock, being cleaned and painted. The "con tract provides that the Marine Iron Works is to paint the hull to the 16 foot water mark, and the painting of the upper part of the hull and the en tire superstructure is to be prosecuted by the vessel's crew. Marine Notes. President Ward, of the American Trad ing Company, having headquarters at San Francisco, is in the city en route from Astoria to Puget Sound. It was reported yesterday that the British tramp Cape Finisterre, en route fTT.tMT.it INTELLIGENCE. Due to Arrive. Kama. From Date. Bear. .......... .San Francisco In port , Hereulea Hongkong. . . June 24 Golden Oate. . ..Tillamook. . . . J una 25 Sue H. Elmore. Tillamook. .. .Juno 23 Koanoka. ......San Pedro. .Juna 25 Breakwater. ...Coos Bay. ....June 26 Beaver. ....... San Francisco June 27 Falcon .Ban Francisco June 27 Geo. W. Elder. . San Pedro. ...July 3 Ryg-Ja. ...... . . Hongrkcnf. . . . July 10 Rose City San Franclaco July 11 SeUa Hongkong. ...Aug. 12 Scheduled to Depart. Name. For Date Breakwater. .. .Cool Bar June 25 Henrllc Ibaaa. ..Hongkong. . ..June 25 . Bear San Francisco. June 25 6ue H. Elmore. Tillamook. ...June 27 Golden Gate Tillamook .June 27 Roanoke. . .... .San Francisco June 28 Falcon San Franclaco July 1 .Beaver San Franclaco July 2 Geo. W. Elder.. San Pedro.... July o Hercules Hongkong. ... Juiy 10 Rose City. ; ....Ban Franclaco July 12 BysJa .Hongkong July 80 fielja Hongkong. . ..Sept. 8 from Manila for Ataru, had been fixed h V O. W- McV.ltT- fn. InmK.. T). . - - - - " ' ' . . '! ULl a i um f get Sound to Adelaide. Two barges for the Union Bridge & PnnSfrilPtlnn ftmrAnr I. . L.J . v.wi,a,,j uaTO UCVI BUtneU at Supple's yards and will be launched about July 1. There 'are to be used v wwm uil tui j. xt. oc in. oriage. Thnimh t tho .! . j r j ...... . . w uajo, Liio gas oline schooner Oshkosh did not reach her berth at Couch street until last night, owing to the fact she was beached at Astoria .to. ship a new propeller. She iv eaii ior luumooK tonight. To load llimhur Tnr .Ka C.,, V, V, steamer Wellesley sailed last night for WillariA T Ittrhnr T . . ntcm,.. cj . 1 Dollar also went to Puget Sound for i-ursu. int iNorxniana is due today and win wwju at me rorxiana mill. With OfrttT tji xx tt - i. . i - 1 - . - v.uinB ai ina helm, W. A. Burley as purser and W. W aiHuii pi valuing in me steward s de- Tlftrtmunt vhnr. H a n.UI . . l .1 1 m , ......... . . . . i 1'. w HI; (1 1 1 n I . carte menu, the steamer-, T. J. Potter is to inaugurate the Summer beach service at 8:S) o'clock this morning. Wheat cargo Is to be started aboard the British bark Iverna at 1 o'clock this afternoon at Montgomery dock No. 2, and it is hoped to have 110,000 bushels in the hold hv tVia Avonlrx t T.. on She will -reach the harbor from Linnton Jliis morning., t s; .. .... ' ."Heavy smoke rolling from the steamer ni.n.l T r. ..... v-iimica xv. opencer early yesterday morn 1 II s:. due tn tha fatt .... ... strong draught In her flue, caused an in ui iiio w oe sounaea, ana the Fireboat Qeorge H. Williams and the 4iai uui puirui reeponaeu. As Oregon City is to hold a celebra tion Julv 4 thA OrAlmn I "(r,, , tation Company has arranged to operate inw eieeiiiierB x-omona ana uregona be tween Portland and the Falls City that day. The company is making three round trips each Sunday on the Oregon City route. j ........ . i. mo v,UBLUUl House were the American, bark Pactolus, wiin ts,ii4 reec or redwood from San Francisco, and the steamer Wellesley, with general cargo from the Bay City. The latter was the only craft to clear, having filed a manifest showing she was in ballast for Hoqulam. Movements of Vessels. PORTLAND. June 23. Sailed Steamship Breakwater, for Coos Bay; steamship Stan ley Dollar, for. Seattle: ateamship Wellesley. for Hoqulam; British ship Leyland Brothers, for Delagoa Bay. Arrived Steamship Eureka, from Eureka:' British ateamship Coulodon, from Victoria; American bark Pactolus, from San Francisco; gasoline schooner Osfckosh, from Tillamook. Astoria, June 23. Conditions at tho mouth of the river at 5 P. M.. smooth; wind southwest six miles; weather, cloudy. Sailed at 6:30 A. M. Steamship Newport, for Bandon. Arrived at 9 j.. M. and left up at 1 P." M. British steamship Coulsdon, from Victoria. Sailed at 9:15 A. M. Schooner W. F. Jewett, for San Pedro. Ar rived at 1:30 P. M. and left up at 3:15 P. M. Steamer Eureka, from Eureka. Sailed at 3:15 P. M. Schooner Irene, for San Pedro. San Francisco, June 23. Arrived Steam ship Roanoke, from San Pedro. Arrived at lO A. M. Steamship Rosecrans. from Port lsirt. Sailed last night Steamship Caaco. for Portland. Arrived Tug Dauntless and barge Gerald C. Tobey, from Portland. San Pedro, June 23. Sailed yesterday Steamship F. S. Loop, for Portland. Tatoosh, June 23. Passed in Norwegian steamship Sark, from Portland. Tacoma.- June 23. Arrived German steamship Wotan, for Portland, for Panama. Falmouth. June 23. Arrived yesterday Frenck bark Jean Bart, from Portland. Southampton. June 23 Arrived Oceanic, from New York, Bremen. June 23. Arrived Breslau, from New York. Havre. June 23. Arrived La Provence, from New York. Liverpool, June 23. Arrived Cymric from Boston. San Francisco. June 23. Arrived Steam ers. Santa Barbara, from Grays Harbor; Rosecrans, from Astoria: bark, Gerard C. Tbey. In tow tug Dauntless, from Astoria. Sailed Steamers, Fair Oaks, from Grays Hil-bor; Atlas, towing barge Three, from Seattle. New York. June 23.J Arrived Deutsch land. from Hamburg. Sailed La Lorraine, from Havre: Graf Waldersee, from Ham burg. Valparaiso. June 23. Arrived previously Radames, from Hamburg, etc., for San Fran cisco. Boulogne. June 23. Arrived Nieuw Am sterdam, froaji New York. Queenstown. June 23 Sailed Steamer Teutonic, from New York. Rotterdam. June 23. Arrived Nieu Am sterdam, from New York. Genoa, June 23. Sailed Moltke, for New York. Tacoma, Wash.. June 23. Arrived Nor wegian steamer Sark. from Portland; steam er Meteor, from Seattle. Departed British bark Crompton, for United Kingdom; bark entlne John Smith, for San Pedro; steamer Buckman, for Sound ports. Seattle, Wash.. June 23. Arrived British steamer Strathlorne. from San Francisco; U.S. transport Buford. from San Francisco; steamer Grant, from Halibut banks. Sailed U. S. S. America, for Dutch Harbor, Alaska; steamer Meteor, for Dupont; steamer River side, for Port Blakeley ; steamer Jefferson, for Skagway and Sitka. Tides at Astoria Friday. High. Low. 1:11 A. M 8.S feet18:23 A. M -0.8 foot 3:02 P. M 6.9 feet8:l p. M 4.3 feet CANADIAN NATIONAL PARK The Canadian Pacific sells a round trip season ticket to the Canadian Na tional Park, the greatest of all moun tain resorts, for $35.00. This is an ideal spot for a Summer vacation. FESTIVAL INFLUX BREAKS RECORDS Figures and Estimates of Var ious Railroads Show Big Gains Over Last Year. FETE GREATLY ADVERTISED Festival Traffic Doubled and Even Trebled by Some Lines and Total of 100,00 Strangers Brought In, Thought Conservative. Figures collated from the various rail roads running Into Portland show Just how large the traffic from local terri tory and distant points was for the Rose Festival. From Oregon and Washington territory there was not a single station that did not double Its travel to Port land the same time last year. In many cases the figures ran from two to three times as great. Up to the present the figures have not yet come to hand from the Eastern aud iting offices, so that nothing more than estimates can be made of the enormous travel from Missouri River and Chicago territory, to say nothing of the heavy travel from points south of Ashland and in Idaho. Estimates Not Extravagantv . Estimates of 100,000 visitors were by no means extravagant, say the railroad of ficials. From distant points, making very low estimates for .districts from which returns are not forthcoming, 2S, 904 visitors spent the whole or part of Rose Festival week in Portland. These figures are probably too low, as the estimates from eastern Harrlman territory are placed at only . 2000, while authentic Northern Pacific figures show that 6000 people took advantage of the low convention rate to Portland. , The Great Northern figures show that 300 additional people per day were carried, making a total for the seven days con cerned of 2100. Nearly 3000 visitors were hauled by the Southern Pacific from points north of Ashland, which in itself speaks for the thorough way in which the Festival was advertised in that territory. A similar number were hauled by the Oregon Elec tric, which took every passenger away from the Southern Pacific at Salem, ac cording to the railroad men. Suburban Lines Busy. No figures were btained with regard to the traffic on the suburban lines of the Portland Railway, Light & Power Company, the L'nited Railways, steam boats and other suburban means of trans portation. But that the visitors from near-by points outnumbered those from distant points in the ratio of three to one seems certain. This being the case, there were easily over 100,000 visitors from out-of-town points for the Festival. Some of the more Interesting figures follow: Southern Pacific north of Ash land, and Corvallis & Eastern, 2900; O. R. &.N. (Oregon points), 1325; 'Oregon & Washington, 2000; Astoria- & Columbia River Railroad, 1700: Spokane, Portland & Seattle, 379; Northern Pacific (eastern points), 6000; Northern Pacific (Puget Sound line), 4800; Great Northern, 2100; Southern Pacific (south of Ashland), esti mated, 1500; Harrlman lines (eastern points), estimated, 2000. STREETCAR MEN HOLD PICNIC Conductors Forget "Step Fp In Front" Refrain for Few Hours. Sixteen hundred employes of the Port land Railway, Light & Power Company, from J. H. Barbur, assistant to the pres ident, down to the office boys, and from the oldest motorman in the service down to the newest recruit .conductor, left Portland at 9 o'clock yesterday morning in two nine-car trains for Estacada Park, where the day was spent. The occasion was the first annual em ployes' excursion held by the street rail way company. Basket lunches were taken and both dinner and supper served under the giant trees in the park. A number of the carmen took fishing tackle along and went fishing, but by far the greater number stayed in the inclosure and en tered .into the ball games and sports for which arrangements had been made by a committee of the conductors and motor men, acting under B. B. Boynton, claim agent. Every office of the company was closed down for the day and as large a percent age of the men as could possibly do so obtained leave from duty. Those men who were unable to get away on this occasion will be cared for on subsequent picnics. There was a large gathering of sisters, wives and mothers, as well as a considerable percentage of "the other fel lows' sisters." Speeches from prominent members of the Portland Railway, Light & Power Company's organization and from the streetcar men took up a brief interim and the evening was spent in dancing. The return to Portland was made at 10 o'clock. FRENCH FARMERS BUY BONDS Chicago, Milwaukee & St. Paul Is sue Taken Up Abroad. " - Information has reached Portland that the recent $50,000,0000 bond issue of the Pacific Coast extension of the Chicago, Milwaukee & St. Paul Railroad has been taken up by small French capitalists, mostly composed of the farming class. The bond Issue, which amounted to 250, 000,000 francs, was subdivided into de nominations of 1000 francs, or S200, and in single lots of this value, practically the whole issue was sold. Publicity regard ing the Middle and Far West will thus reach the whole of France In a manner that could. hardly be surpassed. Railroad Personals. Harry Brown, Northwest agent for tlie Nickel Plate, with headquarters at Seattle, was a much-esteemed visitor on Railroad Row yesterday. M. J. Costello, assistant traffic man ager, and J. H. O'Nell, superintendent of the Cascade division of the Great Northern Railway, were In Portland yesterday on business connected with the new Great Northern service to British Columbia. . . A. B. Cade, assistant secretary of the Transcontinental Freight Bureau, with charge of the weighing and inspecting in the Northwest, was a visitor in the railroad offices yesterday. H. M. Adams, general freight and passenger agent "of the Spokane, Port land & Seattle Railway, went to Spo kane yesterday, where he will make his official adieus to members of his staff. Mr. Adams' resignation becomes effec tive July 1, when he takes up the posi tion of general passenger agent of the WestsxaJEaxUac Kallroad. Sicaiiteinnieini FREO A, JACOBS I have never written an advertisement in my life, but I feel that the time is come when it is appropriate for me to speak. I am about to make the most liberal and startling real estate proposi tion that has ever been offered to the Portland public. The importance of the proposition justifies me in making this statement. I urge every man of small or limited means to read every word of this. I think he will not regard the time wasted or fail to profit. The Jacobs-Stine Company, now succeeded by the Fred A. Jacobs Company, is the largest owner and developer of residence property on the Pacific Coast. We have over $1,500,000 in assets; we purchase large holdings; subdivide them into building sites; install improvements; sell them on a small margin of profit and upon easy terms, and have enabled more men and women to make big profits in real- estate than any other firm or institution on the Pacific Coast: The secret of the success of my company is in knowing where and when to buy, how much to pay, when to sell and how to sell to enable my buyers to reap the biggest profits. A few weeks ago the newspapers published the information that shrewd capitalists had pur chased 130 acres of land in the Rose City Park district at $3000 per acre a total of $390,000. Three years ago I purchased, on behalf of the Jacobs-Stine Company, a tract of land in the same vicinity at $1000 per acre. That was Belle Crest. That was subdivided and sold in lots at a minimum price of $400 per lot, which included street grading, cement walks and cement curbs, Bull Run water, beauti ful, ornamental stone entrance gates, telephones and electric lights and the extension of the street car line. Think of it! Less than three years later far-sighted business men pay more for unim proved, undeveloped land in the same district than I received f orJ3elle Crest with all the above im provements, without cost to my purchasers. This is pretty good evidence that my advice on real estate investments is good. . If a person buys a lot upon the installment basis, payable within three years, and sells for double what he paid, he realizes a profit of over 50 per cent per annum. There are scores of in stances like this in Belle Crest. Lots are now being transferred daily for $800 to $1000. We have the book records to show you in proof of it. Now look at Berkeley. ' I put that upon the market two and a half years ago. This property immediately adjoins Ladd's beautiful Crystal Springs farm. There were 1200 lots to be sold, at $100 each. -My company sold the entire property in exactly 17 days. These same lots are bringing from $200 to $300 apiece today. This success was so great that I bought and platted Dover, adjoining Berkeley. These 600 lots were sold in the same way. The increase in the value of these two additions,- over $150 per lot, has netted a profit of $240,000, distributed among the 900 people who bought from me in Dover and Berkeley. , This seems to me is additional evidence of the value of my advice to intelligent investors. A city's growth means the increased value of its real estate. To illustrate: The assessed value of New York City real estate, 10 years ago, was $3,000,000,000. Last year it was $7,000,000,000. This shows an increase of $4,000,000,000 in ten years, or $400,000,000 per year. AN INCREASE OP $1,500,000 EVERY WORKING DAY OF THE YEAR. No more land was involved. The value has simply increased.1 The same or a larger ratio of increase has been true of Portland. Let me illustrate: . . '. . , ' Three years ago 'a well-known business man in this city showed me a piece of property that his father purchased for $5000. He told me he had just refused $250,000 for the same piece. A few days ago I asked" him the present value of the same property. He replied: "I have refused $400,000 for it." Here is an increase of $150,000 in three years; or an increase of $395,000 during the time his family has owned it. This is value .that has developed through no effort on the owner's part. It is known as the unearned increment. . In other words, money well invested in Portland real estate will pile up, double, treble and quadruple before your very eyes, without a single effort on your part. '. It is not hecessary to be wealthy to purchase property. It is absolutely necessary to use judg ment and far-sighted wisdom in the investment of your money. It was and is my hobby to point out good investments for men and women of small or limited capital. And I have made good. No man in the Pacific Northwest has greater reason to be proud than I, when I say that NEARLY 5000 PEO PLE HAVE FOLLOWED MY ADVICE IN THE LAST THREE YEARS AND NOT A SINGLE ONE OF THEM HAS LOST A PENNY. To make it still more impressive, let me state NOT ONE OF THE 5000 SATISFIED CUSTOMERS OF THE JACOBS-STINE COMPANY HAS FAILED TO PROFIT ON THE INVESTMENT THEY HAVE MADE UPON MY ADVICE. During 1909 I sold over $1,500,000 worth of Portland real estate. During 1910 our sales will ex ceed $3,000,000. All of these sales have been made upon my statement that the buyers will profit therefrom. And they will. When you consider the following facts you will readily understand the confidence I have in Portland real estate. Ten years ago the volume of Portland real estate transactions was $3,532,980. During the first 11 months of 1909 the aggregate was $24,443,870, or over seven times as much as in 1899. In 1900 Portland had 12,674 school children; in 1910 there are 25,000. Bank clearings in 1900 were $106, 918,000; in 1909 nearly $400,000,000, and they will be $500,000,000 this year. The increase is greater every year than the year before. In five years the postal business has doubled. If Portland's pop ulation increase should continue upon the same ratio in the next ten years that it has in the past ten, we will have 1,050,000 inhabitants in 1919. Portland's percentage of increased population for the last five years has exceeded that of any other city in the United States. The last of the great holdings in the city of Portland has been purchased by my company. It has taken two years of negotiations for me to secure this property. It is the beautiful Strowbridge tract, adjoining.Dover, overlooking Crystal Springs farm and the sightly location of Reed Institute- I predict that the sale of this property, which I have named ERROL HEIGHTS, will be the most sen sational that Portland has ever witnessed. I have waited a long time to secure a piece of property I could sell upon a plan I have originated, and ERROL HEIGHTS is the one. In The Sunday Ore gonian this plan will be explained. It is the most wonderful real estate proposition ever planned. Those of you who have followed my advice before, FOLLOW IT AGAIN! You know why. And those of you who have not followed my advice, BEGIN NOW! BEGIN WITH ERROL HEIGHTS. Quit walking the streets pointing out those whom once you knew as poor men that are now wealthy, when you might have done the same th.ng as they did and have others point at you. What are you doing for tomorrow? How about the wife and babies after you have passed along? "Let us then be up and doing, With a heart for any fate; Still achieving; still pursuing; Learn to labor and to wait." PRESIDENT j" he PYect A.. Ja.colbs Coimpa.siy SUCCEEDING The Jsicolbs-Stiinie Cooipeiniy 1