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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (May 25, 1920)
TIIE MORNING OREG ONI AN, TUESDAY, MAY 25, 1930 7 J. K. GILL SOLD FOR S150JH1 I. Holsman Makes Deal With Masonic Association. REMODELING IS SLATED Extension of Lease to Be Askefl by Stationery Firm Time Expires January 25. The building at the northwest cor ner of Third and Alder streets, occu pied by the J. 3C Gill company, was cold yesterday by the Masonic Build ing association to I. Holsman. wealthy Portland wholesale jeweler, for $150,000. The actual deal was made May 5 and probably established a record which will stand for some time in Portland for the lightning-like ra pidity with which it was achieved. Less than five minutes was consumed in all the preliminaries and no real tor was concerned in the purchase. Mr. Holsman called on Karl C. Brotiaugh May 5. Mr. Bronaugh is :rand master of the grand lodfye of Oregon, which is the principal owner of the property, and a member of the board of directors of the Masonic Huildini? association. Deal In Quickly Made. "I would like to lease that building of yours at Third and Alder," said Mr. Holsman. "Why don't you buy it?" countered JurlR-e BronatjRh. "How much do you want?" Mr. Holsman inquired reflectively. "What will you pay?" was the Ma son's rejoinder. "One hundred and fifty thousand dollars, answered Mr. Holsman. "It's a deal, subject, of course, to our f tockholdcrs," Mr. Bronaugh de clared. Mr. Holsman made a deposit. The stockholders met yesterday and the president, William C. Bristol, was au thorized to transfer the property. Mr. Holsmnn Pleased. "I am delighted with my purchase said Mr.. Holsman. "1 intend to spend at least $'2",000 in remodeling and improving the property and shall oc cupy one floor myself. With the pres ent prices for rents in the downtown section, and Third and Alder is within 400 feet of the heart of the city and at the intersection, or close to the Intersection of the leading carlines of the city, I believe the ground -floor rentals alone will make the purchase an excellent investment.' J. K Gill & Co. have a lease on the buildftig which lasts until January 25. Mr. ;ill left for the east yesterday, but V. A. Montgomery, manager of the firm, was obviously surprised that the deal to the property had gone through with such celerity. Lease Extension Wanted. "We have no. been advised that the property has been sold, but if the report is correct we shall negotiate with the new owner for a short ex tension of our lease, until we can make our permanent plans for the future," said Mr. Montgomery. "U is not correct to say the prop erty Iras been sold said Mr. Bro naugh. "There's many a slip between cup and lip. But if Mr. Holsman pays for the property it is sold. The sale was authorized." Mr. Holsman commented tersely that he "knew a bargain when he saw one, and there need be no worry as to whether he would pay for the prop erty or not." The building was largely owned by Masons. The stockholders of the as sociation are the Grand Lodge of Ore gon, the Portland lodges and several private individuals. The building is about 40 years old, and when it was erected it was on the outskirts of the then business section and made quite sensation in the city. It stands on 50x100 feet and is five stories in height. What convinced Mr. Holsman that he had made an especially advan tageous purchase was that the 50x50 southwest corner, across the street from the J. K. Gill company, was re cently offered to him, he said, for 5125,000. PE ELL GRADUATES FOUR Belli ngham Professor Delivers Ad dress at Commencement. CENT R ALIA, Wash., May 24, (Spe cial.) Professor E. J. Klemme of the Bellingham normal school delivered the commencement addrees Wednes day night at exercises marking the cloe of the school year in Pe E1L Diplomas were presented to four high school and 26 eighth-grade graduates. The school year closed Friday night in Bucoda with an entertainment in the Oddfellows' hall. The proceeds of the event will be used in purchasing books for the school library. The Fords Prairie school, west of this city, closed Friday. There were nine graduates from the eighth grade. Next year the ninth grade will be dropped, these pupils attending the Centralia high school. The members of the Rochester high school graduating class are Edith Johnson, Lanora Washburn, Marl in Hastings, Edna Wilson and Donna Sargent. The high school annual, "The Rochesterian," has just been is sued. Lcnora Washburn is editor-in-chief. 'S BRING SUGAR PROBE Government to Investigate Brokers of Nation. FAIR DISTRIBUTION AIM Announcement Follows Testimony Placing Price Responsibility on Federal Chiefs. AUTO STRUCK BY TRAIN Driver of Car Thrown High in Air But Not Seriously Hurt. PROSSER, Wash., May 24. (Spe cial.) Northern Pacific train No. 1, while passing' west through Prosser Friday afternoon, struck the auto driven by Phillip Wamba and, though damaging the car considerably, did not injure Mr. Wamba except for a few severe bruises and a good shak ing up. The car was propelled some dis tance across the street from the rail way right of way and Mr. Wamba was thrown several feet in the air and turned several somersaults before lighting on the pavement. The rear end of the car was mashed in and one of the wheels torn off. This makes the third smashup Mr. Wamba has had during the past few months. NEW YORK, May 24. The govern ment will seek to obtain fair distri bution of the sugar supply through a sweeping investigation of sugar bro kers who ignore conditions of their federal licenses, A. W. Riley, special assistant to Attorney-General Palmer, announced tonight. This announcement followed close ly upon testimony before the joint legislative committee investigating profiteering of Herbert Hoover, who charged the government with respon sibility for the high price of sugar because of its failure to authorize the sugar equalization board to pur chase the Cuban crop last year for 6 cents a pound. The investigation, headed by Mr. Riley, will begin tomorrow. Fair Distribution Aim. "It is our purpose,' he said, "to do everything in our power to remedy the market conditions and obtain a fair distribution of the sugar supply, even if it must be at the expense of some non-essential industries." Mr. Riley said that when sugar dealers were confronted with the evi dence of ' violations of their war-time license agreements, it was the usual thing for them to attempt to wriggle out ot responsibility (Ires within the past 10 days, in an area bounded by a few down-town blocks, were the work of a pyro manlac and not mere "coincidences," as at first supposed. Only once, they said, was the firebug rewarded with real conflagration. That was last Saturday morning, when the A. B. C. Storage company's building was gutted. in every instance, me lire iigniera pointed out, the fire started In the basement of the building with the ex ception of the A. B. C. warehouse, where no basement was available. Singularly, the fires were all started in the same way, from rubbish in the basement which had been broken into by the supposed firebug. Thus far nobody has been found who has seen the firebug. STOMACH TROUBLE GEOLOGIST LAUDS HOOVER RALPH ARNOLD SATS U. S. IS IX DANGER. OIL Credit Given Candidate for Hous ing Country to Menace of British "Gobbling." "To Herbert Hoover belongs the principal credit for awakening the country to the dangers resulting from allowing Great Britain to gobble up all of the oil resources of the world." said Ralph. Arnold, geologist and oil expert, of Los Angeles, who was in the city yesterday on his way east. "Hoover, who is the greatest min ing engineer in the world today, is a close student of the mineral resources not only of this country, but of the world. He recognized the real ob ject of the British military expedi tion into Palestine, Mesopotamia and Persia at their inception because he knew the wonderful oil possibilities of these countries. Furthermore, Hoover realized that our own oil resources were fast being exhausted with no new fields coming in in this country to meet the natural decrease In the old fields, let alone meet the increas ing demands for oil. He suggested to me as early as December of last year that the situation was a serious one, was not realized by the people in When the blood becomes thin a train of trouble starts. Weak blood causes stomach trouble and stomach : distress causes sleeplessness. Lack of ; sleep brings on weakness and it is not : long before nervousness, dizziness and I headaches are experienced. If you have any or all of these ; symptoms begin- treatment at once ' with a remedy which attacks and cor- , rects the cause of them all. Try the tonic which Mrs. George Smuck, of No. 1603 Sixteenth street. Port Huron, alien., enaorses so highly. "1 had become badly run down in health.' she says, "and my blood was so thin that I had very little color. Food of any kind caused stomach trouble. I became bloated and the distress was so great that I could not bear to lie down at night. I Buffered from shortness of breath and there was a dull aching in my head for days i at a time. I grew nervous and could I not keep my hands still. I was becoming very discouraged when a friend asked me to try Dr. Williams' Pink Pills and she was so sure that they would help me that 1 procured a box. In a short time my appetite improved and I noticed that food did not cause so much trouble. As my stomach gained strength I was able to eat more heartily and the nervousness and headaches disap peared. I sleep well now and feel stronger in every way than 1 have in a long time. I cannot speak too high ly of Dr. W imams' Pink Pills." Write today to Uie Dr. Williams Medicine Co., Schenectady, X. T., for the free booklet "Building Up the Blood." Your own druggist sells Dr. Williams' Pink Pills or they will be sent by mail, postpaid, on receipt of price, 60 cents per box. Adv. "These licenses are most emphati- I general and. outside the United States Motor Truck Trip -Made. COL.V1LLE. Wash., May 24. W. M. Meyer, leader of the Colville band, Sunday conveyed the entire organiza tion of IS players with their instru ments on a motor truck to Grand Forks, B. c. where they are to participate in the "annual patriotic celebration today. Kight automobiles carrying representative business and professional men will go to Grajid cally still in effect." he added, "and it is part of the government's task to bring this fact to the dealers' at tention." Employment of "economic patent medicines" as a cure for tlie high cost of living was attacked by Mr. Hoo ver. He said what was required was a definite co-ordination of policies of readjustment and a policy of seeking a remedy through studying' conditions under the surface. Mr. Hoover Suggests Remedy. In amplifying his opening state ment, Mr. Hoover declared there could be no question that the imount of speculation and profiteering had been considerable. He expressed it as his opinion that the remedy lay in the reduction of credits and inflation and in vigorous regulation by the gov ernment. Mr. Hoover said he believed the sugar equalisation board should have been authorized to purchase the Cu ban crop of last year which would have maintained the retail price this year at about 13 cents. SEATTLE FIREBUG BUSY Series of Blazes Counted Work of Pyromaniac. SEATTLE, Wash., May 24. Officials geological survey and bureau of mines, by the governing forces at Washington in particular. "There is yet time to save some thing from the wreck if we can be assured ot an intelligent administra tion in the next four years. "Seems to me some constructive statesman, such as Hoover, who knows not only our domestic condl tions, but those of other countries having a direct bearing upon our own and knows what to do to advance our interests, is the kind we should put at the head of things. Commissioner Corey at Salem. SALEM. Or., May 24. (Special) H. H. Corey, member of the Oregon public service commission, returned to Salem today froi . eastern Oregon where he conducted a series of rate hearings. At Pilot Rock Mr. Corey heard the application of the Inde pendent Telephone company for an increase of rates, while at Prairie City he heard a similar application involving the tariff of the Idaho Power company. Williams Goes to Washington. SALEM, Or., May 24. (Special.) Fred Williams, member of the Oregon public service commission, left today for Washington, where he will repre Forks and Rossland as guests of the of the Seattle fire department today! sent the local commission at the hear civic organizations of those cities. 'expressed confident belief that six ing of the interstate mission with relation to the applica tion of the railroads of the United States for Increases in freight rates. Word received at the Salem offices of the commission indicate that prac tically every public service commis sion in the United States will be rep resented at the conference. NEW SCAFFOLD IS NEEDED Work at Prison to Start as Soon as Primary Result Is Certain. SALEM, Or.. May 24. (Special.) Passage of the measure restoring capital punishment in Oregon will mean that the penitentiary officials will have to erect a new scaffold room in which to execute persons condemned to death by the courts. The scaffold chamber used previous to the abolishment of the death pen alty a few years ago is now being usea as a Kitcnen. Work on the new ecafTold room will start as soon as the official canvtss of the vote at Friday's special elec tion has been completed, according to prison officials. $20,000 Awarded Longshoreman. SEATTLE. Wash., May 24. For al leged permanent injuries to his back and leg, received when a sling load of lumber was toppled over on him last September 28, a jury in Superior Judge Tallman's court today awarded William Buster, longshoreman, a ver dict for $20,000 damages against the International Stevedoring company. Buster had sued for J37.0U0. Have You Discovered The New Army Retail Market? At 4th and Yamhill Streets It Will Save You Money Business has increased so at the Army Retail Store that a new branch market has been opened for the sale of Army frozen beef. It is located in the old Fire house Market and offers the same splendid quality and extraordinarily low prices that the Army Retail store offered. THE OLD MARKET is, of course, still doing business and a big business, too, in the sale of meats. If you are trying to save, go to these markets for your meat! SOME SPECIAL BARGAINS OFFERED AT pOTH MARKETS ARE: Columbia River Rising Again. HOOD RIVER. Or., May 24. (Spe- commerce com- cial. After a two-day standstill the Boiling Beef, lb. 8c Pot Roast, lb. 12 l-2c, 15c Sirloin Steaks, lb. 18c, 20c Round Steaks, lb. 18c, 20c Rump Roasts, lb. 15c, 18c T-Bone St'aks, lb. 20c, 22c Flank Steaks, lb. 20c Flank Boiling B'f, lb. 10c Prime Rib Roast, lb. 22c Should'r R'st Beef, lb. 15c Soup Bones, lb. 3c Fancy Short Rib Cuts for pot roast or boil, 10c U. S. Army Retail Store Entrance 5th and Pine Sts. ARMY RETAIL MARKET, No. 2 4th and Yamhill Sts., Firehouse Market. Columbia river climbed another six inches here last night and now stanos at the 17-foot staee. A rise of three more feet will threaten river bottom truck gardens. Harry Munemator, Japanese trucker, has a large gaso- line engine installed for pumping seepage water from .his vegetable tracts. nip bum ders- IM suriulFsicttuFei0 s Exporters aXaXa E N aX O-N-2 oration ANNO UNCE The Purchase of 1097 54- TO at LAT MS NEW From U. S. Navy (on Pacific and Atlantic Coasts) All Available for Immediate Delivery For Prices, Etc., Write or Wire Barde Steel Produ General Offices: 114- Liberty Street, New York City CENTRAL DISTRICT R. W. Daily, Dist Mgr. 108 La Salle St. CHICAGO, ILL. SPECIAL PACIFIC COAST REPRESENTATIVES Corporation Cable Address: Barstepco, N. Y. C M. BARDE & SONS, Inc. PORTLAND, OREGON PURCHASERS OF 300,000 TONS STEEL OF U. S. S. B.