Morning Oregonian. (Portland, Or.) 1861-1937, June 13, 1905, Image 11

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Morning Oregonian., June 13, 1905, Image 11

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Newspaper Page TextTHE MORXESG OREGOAX, TUESDAY, JUNE ' 1$ 1905. GREAT VALUE OF TIE FRANCHISES What It .Represents to Consolidated Street Railway. the SIX MILLION DOLLARS If the New York Law Were in Force Here the Company Would Pay Taxes, on Their Franchise to That Amount. VALUATION' OF FRANCHISES. Value or franchises of the Portland Consolidated Railway Company: Capital stock .000.000 Bonds 2,935.000 Value of atock and bonds.. $8,335,000 Tax assessment last year ...8 805,705 The bonds pay interest at 4. .5, and G per cent, and the capital stock Is ex pected to pay 5 per cent dividends. The bonds represent the value of the physical properties, and their aggre gate sum would more than duplicate the tracks, cars, power-houses and chops. This sum subtracted from the $5,535,000 shows the franchises to be valued at $6,000,000, on which the sew owner expect the public to pay 5 per cent dividends In spite of the fact that -the public gave the franchises 8-way free. Sale of the Portland Consolidated Railway Company means that tho new owners depend on securing: enough revenue from the people of Portland to pay interest and dividends on a public utility valued at $8,500,000. yet as esse J for taxation at less than $1,000,- 000. Whence the discrepancy of figures? From the value of the franchise for which the company paid the public not one cent yet wltn which the company plans, to collect big revenue from the public. Were a franchise tar law in force. the Consolidated Company would pay a franchise tax on the difference be tween the market aluc of the stock and bondSj I8,5QJ,O00, and the assessed valuation, $895.705 that is on more than $7,600,000. The interest on the bonds amounts to $116,000 a year; dividends on JM0D.000 capital sfbek at 5 per cent will amount to $300,000 a year total $416,030. or more than 16 per cent per annum on the actual value of the properties. The new owners are buying up the capital stock at $145 a share, the total number of shares of the company be ing 40.000. The par value of the shares Is $100, yet but a small fraction of that sum was ever paid up by the stock holders, and bonds were sold to carry on improvements. Thus the $6,030,000 capital is mostly "water" on which tho public is expected to pay dividends and which squeezed of franchiso value. would be worth little or nothing. Capital Stock Statement. According to the Financial Chronicle of New York, the capital stock of tno company laat February was $5,000,003 and the bonds were as follows: Willamette Bridge Ry.. 6 per cent-..$ 100.000 City & Suburban Ry C per cent 87.000 Oty & Suburban Ry.. 4 per cent.... 1.2B8.000 Multnomah Street By.. 6 per oent.. .. 14S.0W Portland & Vancouver By., o per cent 100,000 Portland Railway, 6 per cent 812.000 Total .$2,535,000 The Consolidated Company was ere nted last October with capital stock fixed at $5,000,000, tho bonded indebt edness being as above stated. The com pany was formed from the City & Suburban Railway Company and the Portland Railway Company, whoso combined capital stock was $4,000,000 That sum represented the value put on the franchises before that time. But when consolidation was effected, the capital stock was Inflated $1,000,000 more, and was fixed at $5,000,000. And now that the Consolidated Company Is selling out, another $1,000,000 inflation is injected into the capital stock, be cause the car lines appear able to yield S nor cent dividends on $6,000,000. after paying Interest on $2,500,000 bondedw debt. How to Get Their Value. ! The way to ascertain the value of franchises -held by a corporation like the Consolidated Railway is to deduct from the market value of the bonds and stock, which In this case Is JS.SSS. 000, the market value of the tangible property. In this case not- more than $2,500,000. The resultant sum. $6,000. 000, represents the value of the fran chises. In the State of New York this resultant sum would.be taxed like real estate. In accordance with the Ford law, which has been upheld In the Court of Appeals of the state and by the Supreme Court of the United States. It will be seen that the value of the franchises of the Consolidated Sompany much exceeds the value of the tangible property. The importance of reaching franchise values for tho purpose of public revenue therefore becomes evi dent. For taxation of franchises in Oregon a new law seeing necessary. Such is the opinion of B. D. Sigler. Multnomah Assessor. Mr. Sigler said yesterday that If any way could be found under the present law of assessing and tax ing franchises, he would be happy to do his part In assessing them. "And." said he. "nobody will And me shirking the task." NOT POWERFUL ENOUGH Gasoline Motor Cannot Overcome the West-Side Grades. The gasoline motor-car ordered by the Southern Pacific Company for the West Side lines is not going to prove the success that it was hoped it would, according to the results of the experi ments that have been made. The car made a successful trip from Omaha Across the country as far as Huntington, where something hap pened to" the machinery, and it was hauled Into Portland behind a freight train, dead. After some time in the shops, the -car- was taken out for trial runs, which, though they have not been failures, have not been the great successes hoped for by the -mans gement of the road. The car was intended for service be tween Portland and Hllsboro over the West Side, but It has been found that the power will not haul the loaded car over the heavy grade on rourin street with sufficient ease to make It a sue cess in operation. Owing to its small capacity, it would be necessary to run a trailer with the inotor. and the power is not sufficient to meet this extra de mand. It is nrobable. therefore, that the -car will be put on the "East Side line of the Southern Pacific, though this has not as yet been determined by the railroad officials. Larger cars of greater power are be ing built In the East for the Harrlman lines though it is not known -whether any of them will be sent to Portland. EXERCISES AT ST. HELENS Enjoyable Musical Programme Given at Commencement. Bright-faced, laughing-eyed children be gan commencement week, yesterday aft ernoon. at St- Helen's HaU. by giving a most enjoyable musical entertainment. These three numbers formed the first part of the programme: '-Trrlichf (Ellenberg), Miss Kate Moore; recitation. "My Kate" (Browning), Miss Frances Conlln; Danc dlls" (Chretien). Miss Matilda Zellg. Then trooped in a bevy of children dressed as fairies, for they wore gauze and had wings springing from their shoul ders. These children belong to the inter mediate, primary and kindergarten de partments, under the charge of Miss Eliz abeth K. Matthews, and they took part with great credit to themselves in the rendition of an operetta, "Woodland Fairies" (Mrs. Alexander Roberts and Edmund Rogers), and sang and posed quite prettily. The accompanist was Miss Finley. Today will be music time at the hall. for Miss Dorothea Xash will present the pupils who have been trained under her direction, and from the record already made my this, excellent teacher, the work of the young people will be awaited witn pleasurable anticipation. The junior re cital takes nlace this afternoon at 3 o'clock, when this programme will be pre sen ted: Duet, "'Epanlrfi Dance" (Mprkewskl), Sllrwes Flora Davis and Helen Hart: "Slumber Soar' (Bledermann). MtsrfGUOjn Curry; "Seng With out TVorda," E Tat (Mendelssohn), Miss lnl frfl Vnn nuwn: ""Arraronnalee" from 'L Clt" (Massenet). Mlas Alta Ring; "Vanse In B Flat Major" (Godard). Miss Eileen Terex; "Llebeslled" (Henselt). Mlas Louise Emmons; "Swing Boat' fl Fontaine). Miss iJsrethy Gilbert. "Thistledown" (Read). Ml Georgisna Leadbetter; "Because" and "Elfin Dance (Grelg). Mis Flora Davis; "In the Twilight (Rohde). "Shepherd's Dance" (German), ams Helen Hart: "Mazurka In B Flat Major" (Chopin). Miss Gene-leve Saagrtaclcen. Programme for commencement concert tonight at S o'clock: Cantata. "The Home et Tltanla" (Tours). choral dam; "Romance." vtettn ioe (Beeker). Mill Louise Emmons; "Brier Rose." reeita tlon (Bovesen), Miss Helen Chandler; "Fas chtngsehwaak aus Wlen" (Schumann). Mlr Maud Carlisle; "Karamcaol Ostrew No. 2T (Rubensteln). Miss Mauo Van Dusen; (a) "To a "Wild Rose." b "Autumn." Ic) "Water Lilv" (McDowell). MLv Gertrude Gray; "La Plleuse" (Raff). "Gavotte. B Major" (God arc). Miss Maud Carlisle; "The Cricket and. the Singer." recitation (Browning). Miss Helen Dotrie; "Loreley" (Seeling). "Nocturne, G Ma jor," and "Polonaise, A Major;' (Chopin). Mlas Bmellne Powell: "Orslno's Embassy." from. "Twelfth NlgtatA recitation (Shake speare), Misses Chandler, Weet and Doble; Quartet, "Invitation to the Dance" (Weber), first piano. Muus Powell and Van Dusen. second piano. Misses Carlisle and Gray. Commencement exercises proper begin tomorrow night cir S o'clock, when ad- dresse will be delivered by Bishop Morris and Bishop Keator. Diplomas will be awarded to these graduates In the sonlor class: Byra Abbott, Walla Walla, Wash.; Eva Bailey. Hillsboro; Clara Boot, Port land; Helan Coldwcll, Portland: Alice Col Her. Portland: Catherine Emmons, Port' land: Gertrude Gray, Seattle, Wash.: Jcs sle Grlmmett, Island City; Dorothy Lang fltt, Portland; Myra Loverldge, Eugene: Alice 'McCormac. Marshflold: "Clara Mac Ewan, Portland; Margaret Morrison, Port land; Carrie Short, Astoria; Maud van Dusen. Astoria; Winifred van Dusen, As torla. Kindergarten training class graduates: Gertrude Hutchinson and Ethel Waltor. both of this city. Northwest I'ostal Change. OREGONIAN NEWS BUREAU, Wash inrton. D. C. June 12. Oregon rural routes havo been ordered established Ah gust 15. as follows: McMinnviUe. Yamhill County, route four, population 464. heutes 303; Sheridan, Yamhill County, route two, population SCO. houses 13L Rural carriers appointed for Washing' ton routes arcr Buckeye, route 1. I -Von D. Acklcy. carrier. Christian Ackley, substitute: Snohomish, route 1. William A. KJkendall, carrier, George H. Snover, substitute. Baseball for the Week. SAN FRANCISCO. June 12. (Special) The strenuous Mr. Davis will remain as umpire this woak at Recreation Park to take care of the Portland-San Frandsco series, which will be a hot one, .The Gi ants' ranks will be reinforced by Teddy Corbett. whom McCredle bought from the St. Paul club. Oakland will play at loa Angeles, and Umpire Bray will be arbi trator. The Tigers and Siwashes will change the battleground to Seattle this week, and Perrlne goes with them. Northwestern People in Xew York. NEW YORK. June 12. (Special.) Northwestern people registered at New York hotels today as fellows: From Portland Mrs. J. B. Montgomery, at the Murray Hill. From Tacoma E. Rice, at the Churchill. From Seattle-J. D. Farrcll. at the Wol cott; J. A. Brady, at the Grand Union. ... , President's Visit to cvv Orleans. NEW ORLEANS. June 12.-A letter from Secretary Loeb fixes October 24 and 25 as the dates upon which President Roosevelt will visit New Orleans. Ar rangements ,are already under way to make the President's reception a brilliant affair. Heltfeld 1h Mayor or Ixswiston. 1.EWISTON. Idaho. June 12. (Spe cial.) Bx-l'nlted States Senator Henry Heltfeld was elected Mayer of Lwis ton today. He will assume the. duties of office July 1. Pence Outlook Stiffens Stock". ST. PETERSBURG. June 12. Prices on the Bourse today were strong, and trading was active on the peace pros pects Imperial s rose a ull point. Kdltors Stnrt for the Fair. MUSKOGEE. I. T., June 12.-Th 600 member ot the National Editorial Asse clation left at mWnlcht to visit the Lewis and Clark Exposition at Portland. Or. EASTERN EXCURSION RATES. On June K 16, 16. I", the Great Northern Railway will sell excursion tickets to St. Paul. Minneapolis. Duluth Milwaukee, Chicaco. SL Louis, Omaha, Kansas City. Winnipeg, etc.. at rate of one fl rat-class fare plus 110 lor round trip. Tickets al low stopovers coins and returning;, good for three months. For fBll information call on or address H. Dickson. C P & T. A.. Great North ern Railway. 122 Third tret. Portland. Oregon. ' Murine Eye Rcmexlr Core fcyes; Makes Weak Eyes Stronc Sootbea Eya ialn- Doern't Smart. When you surfer from sick headache, dizziness, constipation, etc, reroemoer Carter's Little Liver Pills will relievo you. One pill la a, doss. I THE PIONEERS AH Arrangements for the Re union Made. OFFICIAL PROGRAMME OUT Some Misunderstanding: Had Arl&cn as to the Particulars, but the Pioneers Are Xbiv Able" to Know All the Details! (To the Editor.) There are so many functions going on at this time in this city that considerable misunderstand ing has arisen among ploners with re spect to the particulars about the an nual reunion of the Oregon Pioneers Association; hence I desire to announce the following as the official programme so far as It has been arranged: "Thursday. June 15 From I to 2 P. M.. the pioneers will kindly, assemble at the Armory, corner of. Tenth and couch streets, clothed with the proper Pioneer badge for 190S. Ko other badge will be honored. Upon arrival at the Armory they will be received by Joseph Buchtel, grand marshal, and his aids, assisted by the woman s reception committee, and con ducted to the dance hall on- second floor, where the exercises of the hour will take place according to the fol lowing programme: Calling to order by President W. T. Wright, 1B52. Music Brown's Orchestra. Prayer by the chaplain. Rev. Robert KODt). is&z, Brovnsville. Address of welcome by Hon. George ! H. Williams, 1S 3, Mayor. . I Response by the president. Appointment of committee on resolu- ! tions by the president. ! Music Brown s Orchestra. Annual address Hon. H. H. Gllfry. 1852, Washington. D. C. Recitation (original) Miss Minnie M. Bode, Portland. Music Brown's Orchestra. Announcement by the grand marshal. Benediction Chaplain. At the close of these exercises, last ing about an hour, there will be a so cial reunion until i o'clock, when Grand Marshal Buchtel and his aids will form a column of twos, beginning with the earliest pioneers, and march to the banquet-room, where they will be received by Mrs. C M. Cartwrlght, chairman of the Woman's Auxiliary, assisted by the Pioneer Woman's recep- j tlon committee, who will conduct them to the tables, -where, after all are seat ed, the feast will begin- No children or young people will be admitted to the banquet. At 4:30 the annual business meeting will be held in the dance hall, officers for the ensuing year elected, a list of the members of the association who have died during the year and the re port of the committee on resolutions read. At the close of the business meeting an informal programme will be ren dered, as follows. Judge M. C George presiding: Contralto solo Miss Mabel P. Baker, daughter of a pioneer of 1853. Reading "The Ride of Kit Carson's Wife." Miss Maud Battelle HammelL Pioneer campflro talks, three min utes each. Songs by the veteran double quartet. S.. Bullock. W. S. Powell. J. S. Hamilton, first tenors; C W. Tracy, R. V. Pratt, second tenors: C C Pratt, George Bu chanan, first bassos; A. M. Cummlngs. Dr. H. R, Llttlefleld. H. P. Bestow, sec ond bassos: Mrs. J. S. Hamilton. Miss Cora E. Felt, accompanists. All friends of pioneers are Invited to the evening meeting. Friday. June 16. 9 to 11 A. M-. pio neers will asemble at entrance to the Lewis and Clark Exposition grounds, clothed with their proper badge for 1905, with the figures showing the year of their arrival in Oregon In plain view. The secretary of the association and his assistant, aided by Grand Marshal Buchtel and his aids, will Indicate the proper gate through which to enter the grounds. Alter entrance Is effected. all are requested to go at once to Fes tlval Hall, where exercises will take place in accordance with the following programme: Musics Exposition Band. Calling to order by president of tho Pioneer Association. Prayer by the chaplain. Contralto solo Miss Imogen Hard ing. Oregon City, great-granddaughter of Samuel K. Barlow, who In 1S46 built the first wagon road across the Cascade Mountains Address of welcome President of Exposition H. W. Goode. Response President of the Pioneer Asociatlon. Address Speaker to be announced. Music Exposition Band. Adjournment. The afternoon will be spent by pio neers as they may choose. It will be borne In mind that nothing but the presentation of the pioneer badge for 1905 will gain free admls slon to the Exposition grounds be tween 9 and 11 A. M. on June 16. and the presentation of that badge at other hours than those mentioned will not be honored. j It Is requested that as large a num- J her as possible attend the exercises at Festival Hall, which will be reserved J "ecin" or ..! ., ucmccn IHD hours of 11 and 12 of the day named. At 6 o'clock last evening HQ pioneers had registered. There are many in the city., however, who have not secured badges. All such are kindly requested to call and set them today, so that the rush and confusion resulting from de lay may be avoided. No one but pioneers and especially Invited guests will be admitted to the Armory on Pioneer day. Space is "lim ited and the day is particularly set apart for pioneers to meet pioneers. The secretary regrets to say that he has Information -to the effect that cer tain parties are planning to attend the reunion at the Armory and banquet on June IS. also to gain entrance to the Exposition grounds the following day. without complying with the roles of the association. Such action is not In accord with the true pioneer spirit, and every effort possible will be used to prevent all fraudulent practices. Those who are willing to provide bis cuits will kindly report to Miss Nannie E. Taylor, phone Main 4451; and all who will furnish tongues and ham. to Mrs. John W. Minto. phone Main 2227. So far the amount of food needed as above designated la very short. GEORGE H. HIMES. Secretary Oregon Pioneer Asociatlon. Portland. Or- June 12, 1$0S. Headquarters for Baptists. With their usual enterprise along social and philanthropic lines, the members of the First Baptist Church have established Baotist headquarters In the White Tem- nle. Here Baptists and their friends from all parts of the country, who are visiting Portland and the Fair, will receive a cordial welcome. A parlor has been fur nished, where visitors may meet their friends., write letters or read. The head quartero will be in charge of a hostess from S A. M. to P. M. each day. An Information bureau, also telephone and ALL THE T AT7e WORLD NO TRIP Jf' j UlUyAl lyAllDO I Mi YD I t! LDM VTlA MvulD PA I i u i i i n ,i mi t n r 111 1 1.' The Most Delightful Trip In America, and the'Bcst I 1 way to the Lewis and Lfark Exposition. EXcur- . 1 I ,Un Ttt.c- -af-CII l.!.. Ul.k.. nm. At-1 It !-!! Ml , siuii i oi oiiyimy i iiyucK rsic; inail all nail 1 i :. l ' - ' : : . II . I . . -EUROPEAM OR AMERICAN PLAN ... It I M jawmcu j-iaa t9ciaa au expest? ta ess ticket.) I f . . j . f. - '1 f S. S.INQRTH LAfND S.S.NORTH WEST It I , 77 i- . .... . -"T oeiweea ousio, v.icTeiaaa. aiacKinac ir- m I !r T T r . TJ a rhnr ffnnnrf M II wm n V A a.d Ian ci o. r t. m Im -" . - rami uf, AKrasne. nuujnwa . I m Ketumcs weklr trios eommenelcr June 21 . - Rimmi, wviv trir, rimm.in. .inn. -i 1 ! from Buffalo. - -from Buffalo. , Sailing from Buffalo -Wednesdays aad Saturdays. 1 . Saltlns: from Chlearo Saturday. Eailinr from Duluth Tuesdays. 1 ' Writ trrr Full Partlralsa''Rmranlla rimt TV. Tmm ai I If - ... J: IAaareas m H. DICKINSON. C. P. & T. A. W. M. LOWRIE, G. P. A. f j 122 Third Street 230 PrudeHtlal Bid. Portland, Or. Buffalo, N. Y. I i. F. DAVIES. Pits. C - DAVIS. Sc aad Treaa. j AUCTION" SALES TODAY. St. Charles Hotel CO. (INCORPORATED.) FRONT AND MORRISON STREETS PORTLAND, OREGON Earopean Plan Rooraa 60c to $1.30 FIrat-Class Restaarant tn Conaeetloa I The ESMOND HOTEL j OSCAR ANDERSON, Manager Front and Morrison Streets, PORTLAND, OREGON ; J Free 'bus to and from all trains J : Rates Eu4n 75c to $3.00 Per Day : HOTEL Fifth and Washington Streets EUROPEAN PLAN Rooms, Sl-03 to $3.00 Per Day Accordlnc to Location. VITAL WEAKNESS Xe&rcat tabUshed. saost successful aad reliable socialists ' la disease of mcs. j aa fsedlcal diplomas. Heeesea ana ser records show. Stricture, Varicocele, Nervous Debility, Blood Poison, Rectal, Kidney and Urinary Diseases An all disease aad TreakBcsaes due to laherltaace, ertl habits, oxreasea or the result of speclflc disease. C8KSULTATI0N AND EXAMINATION FflEE Office Honrs I 8 A. 3f. to 8 P. M. SUBdays, lo to 13 on It. Cl. 1 ..S Medical Jl. LUUI3 Surgical Cer. Second aad Yamhill Streets, Portland. Or. rest room, will contribute much to the comfort of visitors. A list of rooms, which may be secured In ?ome of our best private families, wilt also be kept as an accommodation. Hood's Sarsaparilla cures scrofula, salt rheum and all other troubles caused by impure blood. DAILY METEOROLOGICAL REPORT. PORTLAND, June 12. Maximum tempera tare. 69 decrees; minimum temperature. 4S derreea. River readlajc at 11 A. M 13 feet: ehsuce in past 24 hours, rise, of . foot. Total .precipitation. S P. M. to 3 P. M-. none: total precipitation sine September 1. UXM. 33.57 Inches; normal precipitation since September 1. 1904. 44.69 Inches, deficiency. 12.12 Inches. Total sunshine. Jtm 11. 10 hours 8 minutes; potsible sunshine. IS hoars 40 minutes. Ba rometer, reduced to sea lereL at 5 P. M-. WEATHER CONDITIONS. Fair aad generally pleasant weather has preralled In the North Pacific States during: the Isji 24 hour, except In Southern Idaho, where scattering thunder ahowers haTe oc curred. It Is cooler this evtnlnr tbrouthout thl district east of the Cascade Mountains, while to the west of this' rane the tem perature is slightly higher than at the same hour -yasterday. . FORECASTS. - Forecasts for 2S hours ending: midnight. Tuesday: Portland and Tldnlly Partly cloudy and slightly warmer; northwest winds. Western Oregon and Western Washington Partly cloudy, slightly warmer, except ne'ar the coast; winds mostly westerly. Kastern Oregon. Eastern Washington and Northern Idaho Partly cloudy. Southern Idaho Partly cloudy, with prob abty thunder showers. THE RIVERS, The Upper Columbia continues to slowly rlst at all staxloas, except at Umatilla. PERKINS PORTLAND., OREGON Xlrst-Class Check Rtaarat Coaaected With Hotel. Abore all other thlngrm, ire atrtre to mare tha thou sands of young and middle-aged men who are plung ing toward the grave, tortured by the Troes of nervous debility. We have evolved a special treatment for Nervous Debility and special weakness taut Is uni formly successful in cases wn.ere success was before and by other doctors deemed Impossible. It dots not stimulate temporarily, out restores permanently- It ly Irritations of the delicate tissues surrounding the lax and unduly expanded glands, contracting them to tnelr normal condition, which prevents lost vitality. It tones up and strengthens the blood vessels that carry nourishment. The patient realists a treat blight has been lifted from his life We want all WHO ARE SUFFERING from any disease or special weakness to feel that they can corai to our office freely for examination and explanation of their condition FREE OF CHARGE, without being bound by any obligation whatever to take treatment unless they so desire. We cure and Dispensary where the rlrer has been on a stand for the last 24 hours. The Snake Is falling at all stations. The Willamette at Portland will continue to rise, until Wednesday, reaching a stage of 13.4 feet Tuesday, and come to a stand at a stage of about 1S.8 feet Wed nesday. ine indications ar for parity cloudy m auinci luetaay. with prob ably thundershowers In Southern Idaho. PACIFIC COAST WEATHER. 2. : stations. n; 5- 2 fa- ? :. Baker City.. Bismarck. ... Bolie-r Eureka . . JCSfO.OOr SINE Clear f 4IE PtIoudy ..-76; T I 8 NW v-iear Clear Bala Clear 3SK.0020tXW 0.14'12SW 0.021 0 . . . Kamloops. B. &. . . 174 North Head U a00t24 NW IClear 0.0IJ 88W i Cloudy Portland . ea.'O.OOJ 4NW Clear Bed Bhrff .. . . I2tt.C9? 4 5E Roseburg ..'TOto.OOl 8NW Sacramento ;8e0.00'X2 S Salt Lake. City 8S 0.00I2 S 8an Francisco. . . ."Ss'O.OO 24IW Spokane .12.0.00 tl6'.SW Clear Clear Clear Clear Clear !Pt cloudy Seattle 2ra00 SJW ICloudy Tatoosh Island. B8-0.00 10!SW fPt cloudy rrSTXOOl 8!SW JCIear Walla WalU." T trace. A. B. WOULABER. Acting District Forecaster. , NEW TODAY. WASHINGTON STKEET J10.CO0 cash wtu handle property netting 10 per cent, near 16th u E. J. Daley. 222 Falling bldg. At residence. No. 303 William are., by the Portland Auction Rooms. Sale at 10 A. M. eharp. C L. Ford, Auctioneer. At Oilman' Auction rooms. 413 Washington street, at 10 o'clock A. M. 8. L. N. Gil man, auctioneer. At Baker's Auction House, corner Alder and Park. Sale at 10 A. M. Geo. Baker & Co., Auctioneers. MEETING NOTICES. A. & A. S. RITETwelfth semi-annual reunion. Pro gramme tor today: 18th de gree at 9 A. M.; 21st degree iSalem team) at II A. M.; 2, oia octree ai jmwi A 2Sr.t p3. m: k 28th degree at 2 P. M.: 50th PRESIDING OFFICER. MIRZA COUNCIL NO. 021. K. L. OF S. Members are requested to meet at their" hall at 0 o'clock today to attend the funeral serv ices of our late slMer, Lady Cora V. Smith. ROSA A. GARRISON. Prest. KATE J. MISNER. Sec SCOUT YOUNG CAMP. NO. 2. U. S. V. V. All comrades are requested to attend the funeral of our late comrade. George P. JIc lotyre. on Tuesday. June 13. at 2 P. M.. at Flnleya Chapel. 3d and Madlaon sts. By order ADOLPH WOELM. Commander. OBST In this city on June 12. 190S, at the family residence. 230 Lincoln st.. Mrs. Easle udsc tuneral announcement later. FUNERAL NOTICES. ANTELL The funeral services of John Ante)!. wno was accidentally killed June 11. 1BC3. will be held at "Finley chapei at 4 P. M. today. Friends Invited. Interment Lone Ftr Cemetery. M'lNTTRE Friends and acquaintances are respectfully Invited to attend the funeral erviees of George P. Mclntyre, which will be held at Finley chapel, at 2 P. 11. today. Interment Lone Ftr. SMITH Friends and acquaintances are re spectfully Invited to attend the funeral ser vices of Cora V. Smith, which will be held at Flnley's chapel at 10 A. M. today. In terment Greenwood Cemetery. OBST At rest June 12, Esther, beloved wife ot m. it. uost. mother or Alvln L. Obst and slater of Mr. J. Shemaaskl. Mrs. H. Btatt. Sam. Louis. Harry and Tlllle Levy- Funeral from residence of H. Blatt, 200 Lincoln St., Wednesday, at 2 P. M. PETTING KR In thl city. June 12. 1805, at ma jate residence. 211 East 30th at., William E. Pettlnger. 'aged 43 years. The funeral services will be held at Flnley's chapel at 2 P. M.. Wednesday. June 14. Friends In vited, Interment Rlvervlew Cemetery. HAM In this city, on June 12. 1003. at tno family residenoe. 363 2d at.. Sarah Eliz abeth Ham, aged 03 years. 2 months. 29 days. Funeral Wednesday, June 14, 1003, at 10:30 A. M.. from the above residence. Friends respectfully Invited to attend. In terment Rlvervlew Cemetery. TURNER At the residence. June 12. 1905, Acme jjeu xurner. aged. 32 years. 1 month, B days, daughter of Mr. and Mrs. J. Turner. Funeral will take place today, June 13. at 3 P. M-. from the residence, 194 East 19th. north corner ot Pacific. Friends Invited. . BROUILLARD In San Francisco, at the lamny resiaence. 16HO folsom st-. Mrs. Ed. na Elnora Porter Brouillard. aged 23 years 4 months. 7 days. Funeral from Holman's Chapel, 3d and Salmon sts.. Portland. Or. Tuesday. June 13. 1903. at 3 P. M. Friends snd acquaintances are respectfully Invited to auena. interment at ureenwood Ceme tery. MQUIR3-In this city, June 11. 1905, at the resacence ot ni son, arepnen, &4 Johnson rC. Patrick MeGutre. aged 77 years, 2 months and 24 days. The deceased Is survived by four on0 and one daughter: John, ot Pitta burr. P-: William, of Chicago, 111.; Stephen, ot mis ciiy; ueorge. oz I'srsersourg. W. va.. and Mrs. Andrew Caldwell, of this cltv. Friends and acquaintances are respectfully Invited to attend the funeral services, which will be held at St. Patrick's Church, corner 19th and Savler sua., at 9:30 A. II.. Tues day. June 13. Interment Lone Fir Cem etery. DUNNING. McENXEE ft GTXBAUGH. sactessors to Daanlaa Campion, uader takers aad embalsaers, modern In every tie tail, it a aad X'lae. now Mala 4S0. Lady assistant. EDWARD HOLM AN CO., Undertakers aad csB&ahueci, havo resved to their new bnlld las. Third aad 8 aim oh. Lady assistant. Tclrybeae No. 597. a. T. FINLEY spy. Funeral Directors. cer. 3d aad Madlsoa. OfBce of County Cor- e". Lady asslstaat. Teteyheaa No. 9. F. S. DUNNING, Undertaker, ill East Alder. Lady asaJataaf. TelBhoBa East 52. ZEXXKR-BYRNES CO, UNDERTAKERS KSSiUaeu, 27 mm'li East 1688; lady as't. NEW TODAY. ABSTRACTS 0JT TITLK far imwiiM mm- aveastet aad as w raraies akstracta yraaisUy. I Jte MORTGAGE LOANS O mTS-rK jr?rilaa. KW: Zatata. fIXCKITT JLHdTRACT T&UHT CB. S14rXlf Oaanlmr of Ciwer. GEO. BLACK PUBLIC ACCOUNTANT 318 Worcester Block Oesarzl aracUee. laveatifatleaa. Cstal vrHk. Sertl aad periodical auilts. Xaae neat j-u AMUSXXENTS- BE LAS CO THEATER III. SIM 31! (Formerly" Columbia Theater WAsMngtoir.) (14th aad FIRST TIME TONIGHT ALL. WEEK MATINEES SATURDAY AND SUNDAY. Third Week Belasco Stock Company. THE FUNNIEST COMEDY WRITTEN". Are You a Mason? THE BIO LAUGHING SUCCESS. Prices Evening. 15 toT5c; matinee. 15 to 30c NEXT WEEK "WHEN KNIGHTHOOD WAS IN FLOWER." PMDIDP THEATER ; I If 1 f 1 lL Twelfth and Morrison. MILTON W. SEAMAN. Resident Manager. All plays of musical merit. Matinee every day at 2:13. Evening at SJ5. ADMISSION 1 0 CENTS . ALWAYS Empire Stock Company In the treat Three Act Comedy-Drama. "A SECRET FOE." AU this week. EMPIRE SPECIAL 5 Nights Beginning Tues., June 20 MATINEE SATURDAY MRa- LEAH FISKE KLESCHNA Seats on sale Thursday. -J2. J1.30. $1. 75c, 30c Trices GRAND EVENING SHOWS 8 and 9:30 P. M. MATCHLESS SUMMER BILL. Star Trio in "OUR UNCLE." REGARO TRIO ACROBATS. THE KELLY'S, COMEDY SKETCH. BERT WHITE, MONQLOGIST. HERBERT CHELSEY & CO.. PLAYLET. FLORILLA SANfORD. CORNETTIST. JOE BONNER, NEW SONG. GRANDIBCOPE. EDISON FILMS. General admission. 10c Evening. Sunday, holidays Front seats, lower floor. 20c Dally matinee. 10c BAKER THEATER ff GOOD ATTRACTIONS ONLY. XEATKTS & FLOOD. Managers. EXPOSITION FOUR. GARDNER and REEVES. MISS LIBBIE HART. J. W. BURTON. THE LAMONT BROTHERS. JEAN WILSON. BABY COLSON. BIOGRAPH. BAKER'S ORCHESTRA. Performance, 2:30. 7;30 and 0 P. M. ADMISSION 10 CENTS TO ANY SEAT. Lewis and Clark Observatory HAWTHORNE TERRAC3C r OUT LAND HEIGHTS How open. Take Portland Heights car and get off at Hawthorne Terrace, one block trora car line. No climbing". Electric elevator. Most magnificent view In America. " 8e beautiful effect ot powerful searchlizat frora top of tower. Open U A. M. to 9 P. M. ADMISSION. 10 CENTS. See the Girl in Blue NOW DANCING . At 860 Upshur Street Bet. 23th and 26th Sts. CLASSIFIED AD. BATES. "Rooms." "Rooms aad Board. "Hoasa keeplnz Rooms. "Situations Wanted." 15 words or less. 15 centst 16 to 20 words. 28 cents; tl tu 55 words. 23 cents, etc No dis count for additional Insertions. UNDER ALL OTHER HEADS, except New Today." SO ceats for 15 words or less: 10 to 29 word. 46 ceats: 21 to 23 'words. B0 cents, etc. first Insertion. Each additional Insertion, one-half: no further discount un der one moath. rXEW TO DAT f gauge- measure agate), 13 cents sr line, first Insertion: 10 ceats pet Una ot each additional lasertloa. ANSWERS TO ADVERTISEMENTS, ad dressed car 'Tha Orezonlan. and left at this office, should always t Inclosed In sealed esvelopes. No stamp la required os saca letters. , Tho Orcgonlan will not bo respoBsmie rrurs In advertisements taken through tha telephone. NEW TODAY. FOR SALE-23X100 ON ylST ST.. NEAR Jetteraon, with Duiiains. -rice oouu. Pays over 10 per cent on Investment; can be improved and made to pay much more. Address G 40. care Oregonlan. RAILROAD FARE FREE To each, person residing outside of the city of ortland, who "vnll huy from me 50 feet frontage, or more, as our refrular prices and on our regu lar terms, on any street in University Park, Portsmouth or any other place on the Peninsula, I "will refund, -nis railroad fare to the Lewis and Olark Exposition and return to his home at the rate of 200 miles fare for each 50 feet of frontage so purchased. This proposition is open to all visitors to the Exposition. Prices ?3 to 10 per foot. Terms one-tenth cash, balance $5 monthly on each lot without inter est if paid, wnen nue. x ive per cant discount for all cash. University Park Is the bon-ton residence portion of the whole Peninsula. It is eminently respectable to have a home at Uni versity Park. It has the Columbia University, Bull Run water, Portland public schools, electric street-cars, electric street lights, empioymenrior all in the nearby mills, factories and. docks; alleys back of all lots, wide streets, in short everything to meet the heart's desire. Prices "will be advanced July 1. Don't forget the date; Francis I. McKenna, Room 606 Commercial Block 9 to 12 A. M. University Sta tion 1 to 6 P. M. - ILLUSTRATION NO. 6. THE OLDEST TRUST COMPANY IX OREGON." resources over $i,ooo;ooo Over four years ago a merchant thought he would buy wheat- He deposited 810.000 with us upon a certificate payable upon 30 days' call. From that day to this the changes In the wheat market have been such that h has not cared to purchase. The money a still with us. drawing Interest for him. It la available to him at any time upon giving the required call. . Can you not use similar paper In your busi ness Bank certificates are Rood to hold. Call "on us for further particulars or send for our book of "ILLUSTRATIONS." PORTLAND TRUST COMPANY OF OREGiN 109 Third Street. Phone Main 453. utrvi t. COHEN President w PITTJt.-K. Vice-President Secretary Assistant Secretary B. LEE PAGET J. O. OOLTRA New Residence for Sale Eiisantly finished 10-room bouse, on two lots In most desirable location West Side. This ulace. built for a home, contains five flrenlaces. hardwood floors and every modern convenience., and Is pffered at a pries that thould be attractive to any one wanting hlgb-clsa home. The Hart Land Co.-. 10 Sherlock bldg.