Image provided by: University of Oregon Libraries; Eugene, OR
About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (April 13, 1902)
o2 THE SUNDAY .OKEGONIAN, PORTLAND, APRIL 13, 1902. ERRATIC WEEK IN STOCKS LOUISVILLE fc NASHVILLE DEAL INGS HIGHLY SENSATIONAL. Speculation Attributed to- Gronp Men. "Who Made Fortunes in Iron and Steel. of NEW YORK, April 12. The situation centering about Louisville & Nashville was the subject of keen Interest In "Wall street today, and kept the market fever ish and unsettled. The Jumps of over 10 points In Chicago & Eastern Illinois and the rlae In Evansvllle & Terre Haute re vived rumors of projects for a Chicago outlet for Louisville, and the conferences in progress, and known to the street, strengthened the Impression of an Im pending parting control of Louisville & Nashville itself. There -was a renewal of the activity and strength in Colorado & Southern, -which was attributed to the working of plans for the extension of the Slock Island connections, indicated by the purchase of the Choctaw, Oklahoma & Gulf. Otherwiso the principal strength rwas in specialties. The buoyant rise of Canadian Pacific to 120, with a relapse of a point, was not explained. The strength of the various -rubber stocks was due to reports of proposed mergers, as were the movements in Virginia-Carolina chemical and cotton I1. The rise of over 4 points in International Power was due to the expectation of stock subscription rights. The strength of the market was not gen eral, and the advance after the bank tetatement was met by realizing, so that the closing was irregular. The cash changes in the bank statement fconformed closely to the estimates. The loan decrease was laTger even than hoped Ifor, but the knowledge that large loans Twere transferred to the trust companies E.nd to foreign lenders, left the outlook or money by no means clear. Review of tho Week. There was a remarkably feverish and tsrratlc stock market this week, which Is attributed In Wall street to the specula tive operations of a group of wealthy men who have realized great fortunes in the Iron and steel trade, and who were con trolling factors in the constituent com panies of the steel corporation before the formation of that concern. The upward course of prices which was established last week was Interrupted on Monday by the fears of money stringency. The large exports of gold for Tuesday's steamer threatened a total wiping out of the sur plus reserve of the banks, which was cut down two-thirds, as a result of the trans actions of last week. The rise in the money rates shut off further gold ex ports, and made It profitable for foreign bankers to negotiate heavy loans in for eign money markets to place here. The trust companies also wero large lenders at the higher level, as they are not sub ject to the same legal restrictions as to the maintenance of cash reserve, and are thus able to leave their cash in deposit with the banks to figura In their cash re serves, while taking up the bank loan. This feature of the local credit situation has been the subject of some comment and criticism In connection with the active speculation which is fostered by the re sources thus made available. The money market has. nevertheless, been unsettled all week and subject to occasional flurries. The leaders of the speculation seem to be unaffected by these flurries, and it is believed they are protected by heavy loans on time. It was suspected that the early unsettlement of money was due partly to the taking out of large time loans in this Interest. Center of Speculation Shifts. The center of speculation shifted this week from St. Paul and the Western group to the Southern Railway field. The movement In Louisville 8s Nashville be came so sensational that the fear arose that the circumstances of the Northern Pacific corner of last May might be re peated. The reticence of all the parties In Interest as to the actual conditions ex isting in the stock added to the uncer tainty. The plausible theory advanced was that advantage had been taken of the strength of the stock to market the newly authorized Increase of $5,000,000 of stock. The formality of application and listing of a new stock Issue on the Stock Ex change requires about a month's time. Meantime the new stock is not a good delivery against sales made on the Stock Exchange. It was supposed that the spec ulative pool In the stock had discovered this technical short Interest In the mar ket, and, by forcing up the price, was compelling the delivery of stock held for control, thus threatening the absorption of the control. The announced plan to apply a portion of the new stock issue to the purchase of the Atlanta. Knoxville & Northern revealed an incursion Into the territory of tho Southern Railway Com pany. There were conjectures that con trol of a road into Chicago running north of the Ohio River was also spjught. Cou pled with the enormous dealings in the stock, these facts and surmises gave color to the supposition of a contest for con troL and the activity and strength in Southern Railway, as though in sympa thy, seemed a corroboration. The announcement of the purchase of the Choctaw. Oklahoma & Gulf, and the supposition that it was in the interest of the Rock Island, was additional Incentive to credulity in the progress of plans for extension of community of Interest and strengthening of position by existing rail road systems, by control of outlines and extensions. The activity and strength of the Gould stocks were supposed to be due to the progress of plans for completing the system's outlet to the Atlantic Coast. It is a matter of observation that prac tically all of tho railroad construction of the present era of industrial activity is devoted to extension and strengthening of existing systems, rather than to the formation of new systems. It Is argued that this tends to insure against rivalry and destructive competition. Foreign Money Situation. The postponement of the British budget statement defers the clearing up of the foreign money situation. The announce ment on good authority that Russia will seek no further loan In Europe this year removes an apprehension that the recent loan placed in Germany, Belgium and Holland was preliminary to a large Rus sian .loan to be floated. The speculation in stocks has been sup plemented by an active buying of some of the low-grade speculative bonds, on which interest payments are contingent, at sharp advances in prices. United States 2s and old 4s, registered, advanced per cent and the 5s 1 per cent. Tho 3s, coupon, de clined per cent., compared with the closing call price of last week. FOREIGN FINANCIAL NEWS. Cabinet Meeting: Cannes More Talk Than Business at London. NEW YORK, April 12. The Commercial Advertiser's London financial cablegram is as follows: There was more talk than actual busi ness in the market today. Tho Cabinet met on urgent summons. This gave rise to divergent rumors, some reporting a Cabinet crisis, and that Sir Michael Hicks Beach wanted to raise the income tax, and Joseph Chamberlain insisted on a fresh loan, threatening his resignation unless bis plan was adopted. The latest rumor is that the Bank of England representa tives have been in conference with the Chancellor of tho Exchequer. This if true suggests a loan. Americans were above parity, but L. & N. was under, with apparently few dealings. Rio Tintos were -up on the rise in Amalgamated Copper. Many Flour Mills to Close. CHICAGO, April 12. On account of having to pay a premium of from 1 to VA cents over May wheat, together with a decline in the demand for flour and bleu, freight rates, says the Chronicle's Minneapolis correspondent, about one fifth of the Minneapolis flour mills will close down at once for an indefinite length of time. MINNEAPOLIS, April 12. About 50 per cent of the flour mill capacity of this city will be idle next week and for an indefinite time thereafter until conditions' Improve. This means loss of their time to about 1030 mlil employes. The shut down is due partly to the premium mil lers have to pay on May wheat, but principally because of the discriminatory rates on wheat and flour In favor of wheat. This discrimination is even now the subject of negotiations between the millers and the railroads, and although tho Western roads are willing to equal ize the rates the Eastern roads have so far declined to do so. The consequence is that the export demand for flour has fallen, it being more profitable to ship the wheat and grind It abroad. The'roads maintain that flour Is more expensive to handle than wheat and that the rates must therefore be higher. The millers say they can explode this theory entirely. To Raise Mules for Cuba. CHICAGO. April 12. Charles A. Allen, of HoopeBton, ex-Speaker of the Illinois General Assembly, and a company of Ver million County capitalists, says the Chronicle, have Just Incorporated In the State of Maine "The Hoopeston Land & Cattle Association," which will operate 58,000 acres of land in Cuba, valued at $500,000. It Is said to be tho Intention of the company to raise mules for use on Cuban plantations. Nine Mills Form Hominy Company. DECATUR, 111., April. 12. Announce ment was made here today of the incor poration of the American Hominy Com pany, to Include nine principal com grinding mills in tho country, with a total delivery capacity of 70.000 bushels of corn. The capitalization will be $3,750,000. and the business offices will be located in Chicago. Cotton. NEW YORK, April 12. Cotton Futures closed net 45 points lower. INCREASING CAPITAL STOCK Mississippi-Avenue Building: Asso ciation to Raise $4200. The stockholders of the Mississippi-Avenue Building Association will hold a meeting in the Mississippi-avenue engine house next Tuesday evening, for the pur pose of taking steps to increase the cap ital stock from $1200 to about $4200. Pres ident Thompson, of the board of direc tors, said yesterday that the building the association will put up on the corner of i Mississippl avenue and Shaver street will cost between $3000 and $3500, and that un der the circumstances it will be neces sary to Increase the capital stock, so that the work ofstarting the building could be begun at once. "" Architect Chappell-Brown, who Is pre paring the plans of the structure, will have them, with specifications, ready for inspection at the coming meeting of tho stockholders. It is desired to begin work on the foundation of the building as soon as possible. The promoters of this build ing enterprise are very' enthusiastic and Intend to see that it is carried forward successfully. SELLWOOD FREIGHT DEPOT. P. C. & O. R. Co. Will Build It When a Site Ias Been Provided. The Portland City & Oregon Railroad Company will build a freight depot in Sellwood as soon as the Sellwood Board of Trade furnishes grounds for the build ing. O. H. Walburg is chairman of a committee appointed to secure a lot near Umatilla avenue on tho railroad. The property-owners will be asked to donate a site, or part of a site and the rest of the lot will be bought. It is felt that the owners of land In Sellwood are interested in getting this freight depot, and should be willing to help in securing it. A depot is wanted very much in Sell wood, and the company is willing to build it when the site Is furnished. The depot will be of great benefit and con venience to business men. It will also be the means of making Sellwood the ship ping point for quite a large district. The people of Sellwood feel grateful to the railroad company for Its offer. Pastors at Conference. H. L. Pratt, pastor of the First Rev. Qggg mgMB ifii - , jR? vcus, & In a. SSI S It is the most effectual remedy ever discovered for Kidney Troublo and Liver Comrrfalnt. A single dese will give immediate results. It goes direct to the spot. Itkeeps the liver-cells prooerly at work. It restores the kidaeys to their normal condition by removing the acias which are the caurc of the trouble. It is ih best blood purifier ever discovered. PATARRH, ASTHMA. You, who suffer from Catarrh and Asthma, -will find qnick relief by tho use of "5 -DROPS." Those two most distressing diseases can be cured by tbi3 remedy. Unlike almost any other remedr it b used internally and also inhaled, thus giving a thorough systemic treatment -which affords early re-lsf and efiectuolly cures GOUHS, COLDS and LA GRIPPE. To Cure Cola, Coughs, La Grippe and Bronchit23 use 5-DROPS." cures La Gripoa by immediately de3troy"ng the germs -which cause the disease. "5-DROPS" will stop a cou?a instantly and cure a cold culcker than any other remedy, tor tne cure of bronchial troubles it is uneaualed. All throat irritation and broncniti3 is cured by this remedy. It will nive immeaiate reJei to tho Bufferer and wiU effect a cure even after ether methods have ialsd completely. "S-DRQPS" SSM SURE GMIRE EF&R Rheumatism, Piear&Fgaa, Is Grippe, Cotes, oughs, Brsn ohltls, lumkago, SciatSca, Gout, Asthma, Catarrh, Lttves smal KEdtasy Troubles, Nervousness, BGchsahe, UyspB&ste, indigestion, Group, Nervous and NeurMglo Headache, Malaria, Heart Weakness, Paralysis, Creeping fttunkness, Sleeplessness and Blood Elisaases "5-DROPS" is perfectly harmless and can be taken by a child as -weJ as an adult It contains no opiate in any form No alcohol. No salicylates. If "5-3RUPS" is not obtainable ia your locality order direct from us and -we -will send it prepaid on receipt ef price, $1.00 per bottle. SENT FREE. Large Size Bottlo (300 Dosos SI.OO.) For Sale By Druggists. Ask Your Drnjrgiat far the "SWANSON PILL." a. sun caro for Constipation, PRICE 23 CT3. SWAHSOH RHEUHATIO CUBE CO., 160 -LAKE STREET, CHICAGO. United Evangelical Church. East Tenth and East Sherman streets, and Rev. H. A. Deck, of the Second Church, Alblna, are attending conference In session at Dal las. It Is expected that both will be re turned to these churches another year. This seems to bo the wislv. of the mem bers. During the coming year some Im portant changes In the First Church building Is .contemplated. It may be that some disposition may be made of the present property and another and more suitable location will be secured for an other and better appointed church building. Llght-Draft Dont. The frame of the Alaska light-draft stern-wheeler steamer, which Is being built at Supple's 'boatyard, Is completed. It stands on the east side of East Water street, between Belmont and East "Yam hill streets. The hull will be 120 feet long and very light. The ribs are placed close together to give strength. The frame will be knocked down and packed for shipment. All the parts will bo marked so they can be put together, on arrival on the Yukon River. May Build a Hall. Residents of Piedmont, Woodlawn and surroundings are canvassing the matter of organizing an association for the pur pose of erecting a hill for nubile meet ings at some central place In that neigh borhood. At present there Is no conveni ent public building. The matter Is ex pected to take form some time this month. East Side Notes. A Japanese named Arconl was injured in Alblna yesterday by being. struck by a locomotive. His right foot was crushed. He was taken to St. Vincent's Hospital, where the foot was amputated. The funeral of John Wesley Battln was held yesterday afternoon from his la'te home on the Base Lane road, near Wl berg lane. After the services in the house were concluded, Sumner Post, No. 12, G. A. R., took charge and conducted the final rites at the grave in Lone Fir cem etery. 8 Macedonian Manifesto. VIENNA, April 12. The Neue Freie Presse today publishes a dispatch from Sofia, Bulgaria, announcing that a proc lamation has been Issued by M. Sarafoff. tho Macedonian leader, calling on the Macedonians In Bulgaria to Join In a gen eral rising April 27. Bands collecting on the Turkish frontier are to co-operate and invade Turkey at different points. Immigration of Scandinavians. CHRISTIANIA, Norway, April 12. The present week toas broken all records of immigration to America. Thirteen hua- dred Scandinavians sailed from this port. In order that a rainbow may be produced tho sun must not be more than 42 degrees above the horizon. DAILY METEOROLOGICAL REPORT. PORTLAND. April 12. 3 P. M. Maximum temperature, 51; minimum temperature, 30; river reading- at 11 A. M., 8.4 feet; change in the past 24 hours, 0.4 foot; total precipita tion, 5 P. M. to 5 P. M., trace; total precipi tation since Sept. 1, 1001, 34.00 Inches; normal precipitation since Sept. 1, 1901. 30. CS inches; deficiency, 5.C2 inches; total sunshine April 11, 1:08; possible sunshine April 11, 18:18. PACIFIC COAST WEATHER. M, 1 "Wind. 5 g3 - S- O J? -- - B Ljl 2. a : . ? . . r . 3? gff STATIONS. Astoria Baker City ... Bismarck Boise Eureka Helena Kamloops, B. ( Neah Bay Pocatello Portland Red Bluff Roseburg Sacramento . . . Salt Lake .... San Francisco Spokane ...... Seattle Walla Walla . Clear Cloudy Clear Clear Clear Pt. cloudy Clear Clear Clear Clear Clear Clear Clear Cloudy Clear Cloudy wear Pt. cloudy Light. Trace. WEATHER CONDITIONS. There has bten a rapid Increase In pressure during the lost 24 hours In the North Pacific 5S 0.00 12 NW 40 0.00 1C NE 50 0.00 12 SE 52 O.OO 12 NW 54 10 NW 48 18 W Slfo.OO 0 NW 40 0.00 12 SW 54 0.00 26 SW 51 0.00 7 W 7C 0.00 10 N 50 0.00 8 NW 72 0.00 12 SW 58 0.00 NW 08 0.00 14 W 50 0.00 12 W 52 0.00 12 NW 54J0.O0 12 SW ml&im SWANSON'S "5-DROPS" will stop Neuralgic pains ,nstanty. It is an external and internal remedy which affords quick relief and effects a psrmaneat cure. In neura-giatho nerves are inflamed, they throb and sheet from congested and arrested circulation. ' '5-DROPS' hastens circulation, quiets the nerves and the pain stops. It gives ref rashin j sleep to the ner- tired and overworked. RHEUMATISM. "5-DROPS" never falls to care Rheu matism, no matter how severe tho case may be. Applied externally it affords instant reiiei from pain. Taken internally it r'.as tne blood, tissues and joints of the uric acid .ind other poiscn ou3 matter which are the caurc of tho disease. It is an acso'ute care for Rheumatism, Sciatica and Lura-arco. It has effected more cures of the above earned aLments tiiin aJ olhcr remedies combined. It is the greatest pain killer in the world. KIDtfEY TROUBLE. It No. 224 Cut this ootndsndn with your tuuno ana ad (ires toBiraiusn iuJoasnR.c Ccro Co-. Clileajro. .nu you n-. b seat botue Oi M-PitOfS" fret, postpt'.d. ttRAJBtfjvMRKJ KSTJTtTpNB A trial bottle will be mailed free of chaw to every reader of this paper upon reauest. Cut out the coupon and send to us -with your name and address. States, and a "high" of considerable energy now occupies the westers halt o this district. With the exception of a few light scattering showers alone the Straits of Juan do Fuca and the extreme Northern California coast, fair weather has prevailed today in the Bocky Mountain and Pacific Coast States. It Is cooler In eastern Oregon, Eastern Washington and Idaho. The indications are for fair and warmer weather in this district Sunday. WEATHER FORECASTS. Forecasts made at Portland for the 23 hours ending at midnight Sunday, April 13: Portland and vicinity Fair and warmer; northerly winds. Western Oregon and Weetern Washington Fair and warmer; northerly winds. Eastern Oregon, Eastern Washington and Idaho Partly cloudy; slowly rising tempera tures; variable winds. A. B. WOLL.ABER, Acting Forecast Offlclal. CLASSIFIED. AD. RATES "Rooms," Rooms and Board." "Housekeep ing Rooms," "Situations Wanted," 13 words or less, 15 cents; 10 to 20 words. 30 cents; 21 to 221 words; 23 cents, ate. No discount for ad ditional insertions. UNDER AISL. OTHER HEADS except "New Today." SO cents for IB words or less; 16 to 20 words. 40 cents; 21 to 25 words. BO cents, etc nrt insertion. Each additional insertion, one-half; no further discount under one month. "NEW TODAY" ((gauge measure agate), 13 cents per line, first Insertion; 10 cents per line for each additional insertion. ANSWERS TO ADVERTISEMENTS, ad dressed care The Oregonlan and left at this cilice, should always be- Inclosed In sealed en velopes. No stamp Is required on such letters. The Oregonlan will not be responsible tor errors In advertisements taken through the telephone. AMUSEMENTS. FREDERICKSBURG MUSIC HALLr- SEVENTH A.ND ALDER STREETS FLTNN'S LONDON GAIETY GHtLS In "A Jay Circus." THE DOCKMANS, The World's Champion Bag-Punchers. SEYMOUR AND HILL. Up-to-date Eastern Acrobats. General admission, free; reserved seats. 25c; boxes, according to location. MEETING XOTTCES. ATTENTION. EAGLES! Members are re quested to assemble at Eagle Hall Sunday afternoon, April 13, at 1 o'clock P. M.. for the purpose of attending the funeral of our late brother. Lewis Larsen. All members are expected to be present. JOHN LAMONT, Worthy President. T. B. McDEVITT, JR., Secretary. A. A. O. N. M. S. There will be a stated meeting of Al Kadcr Temple on Monday evening at s o'clock. This meeting is called to see what action will be taken In calling an extra "Ceremonial Ses sion" in May, to confer the order upon the unregeneratcd N sons who are anxious to ac company the caravan on their pilgrimage to ban Francisco in June. Other Important business will be pre sented. By order the Potentate. WOMAN'S RELIEF CORPS AUXILIARY to George Wright Post meta every Friday night at G. A. R. Hall, cor. 1st and Taylor sts. Members of other corps welcome. THE DEGREE OF HONOR. SICK BENEFIT League will give a fine literary and musical entertainment on Tuesday evening, April 15, In the A. O. U. W. Hall, Second and Taylor, with a short drama, followed by dancing. Everest orchestra. General admission, 25c. aiARRIED. GREER-BOOS At the homff of the bride's parents. Mr. and Mrs. J. G. Boos, of Forest Grove, today (April 13) at noon. Miss Lena Boos will wed Lesley C. Greer, of the Jessie Shirley Company, Rev. Daniel Staver offi ciating. ' 1 DIED. BAKER In this city. April 12. 1002, at 247 Arthur st.. George W. Baker, aged 53 years. Funeral notlco hereafter FUNEItAL NOTICES. LARSEN April 10. at his late residence. 149 North 10th st., Louis Larsen. aged 35 years, 5 months, 5 days; member of Portland Aerie, F. O. E.. No. 4. Funeral Sunday. April 13. from Edward Holman's funeral parlors, 2 P. ii. interment in L.one ir cemetery. h J. P. PINLEY & SON Progressive Funeral Directors and Emhalmers, Cor. Third amd Jefferson Sts. Com petent lady ass't. Both phones No. O. EDWAUD HOLMAN, Undertaker. 4th and Yamhill sts. liens. Stlnson, lady assistant. Both phones No. S07. CLARKE BROS., 28D Blorrison St. Fine flowers and floral designs. NEW TODAY. FINE FLOURING MILL. CAPACITY 100 barrels per day; well located; large ware house; on S. P. Ry.; will bo sold cheap if taken at once. 2 farms in Linn County, one of 218 acres and other of 420 acres; 2 houses, 2 barns, 3 orchards; running water; 2 miles from good town; $1G per -acre. Fine quarter block in Holladay's, oh Second and Multnomah. 10 acres; C-room houso, barn, furniture: SOO pear trees, 100 prunes, 50 apples, and all kinds of small fruit; good water; on S. P. Ry.; $1200. BARFOOT & MONROE. 125 Ablngton Building. THE UNDERSIGNED GIVES NOTICE THAT he will recelvo sealed bids for the stock of merchandise and fixtures and notes and ac counts of the estate of tho McMlnnvllle Grange & Farmers' Company, of McMlnn vllle. Oregon, up to 12 o'clock of April 19, 1002. Bids for stock and fixtures to be sep arate from bids for accounts and notes. Cer tified check for ten (10) per cent of tho amount bid to accompany each bid. and right is reserved to reject any and all bids. The Sroperty may be Inspected at McMlnnvllle, Tegon, between now and date of sale. In ventory at my offic. Bids will be openod at First National Bank of McMlnnvllle. April 10. R. L. SABIN. Mortgagee. Office Front and Ankeny sts., Portland, Or. TEA. TEA 1 FOR TWO DAYS WE WILL sell a 60c pound tea for 40c; any kind; all new season's teas. Coffee, a 35c per tkjund Java and Mocha for 25c. A 10c can of Bor den's Pony brand condensed cream for 5c. A pound of Arm '& Hammer soda for 5c But ter, fresh table, full weight. 45c; a good dairy. 40c roll. Bacon, taking theplece, 12c per pound, mild cure. All goods frosh and clean. Full weight and measure guaranteed. California Market, 185 Third. Phono Main t33. Col.. G4L 4 GOOD CREAMERY. WITH MILK ROUTE, at a bargain. X $2500 Stock shoes and dry goodaHo trads for city property. Choice Improved farms to trade for city property. 5 acres, within one-half mile of Irvlngton car; good soil; to trade for Inside home. Keep one eye on ROSENTHAL & CO., room 4 Mulkey building, cor. Second and Morrison. DO YOU WANT A NICE BERRY AND fruit place? 11 acres, all in cultivation; no travel; only 1U miles from end of An keny car line. This is a very desirable place, and will be sold at a bargain. We also have 25 acres on Base Line road, 11 miles east; S acres cleared, small house and barn; a bargain at $2000. terms easy. Lam bert & Sargent, 883 East Washington st. OUT-OF-DATE JEWELRY MADE OVER. uslnc your own cold or taking It at full value in exchange; Jewelry made to ordcr UmUIDUUa tiuu IbLiUUB siwucs, nag.ii aim Jewelry repaired and guaranteed. Offlco and factory, cor. Third and Washington, up stairs, over N. P. Express Office. Tlngry, the Jeweler. WANTED 3 OR 4 FARM PEOPLE TO MAKE up a crowd to locate adjoinlnr homestead and timber claims; cost nominal; parties at my office, near Burnslde-Street Bridge, Mon day morn. D. H. Stearns. FOR SALE PLANING MILLS, SASK AND door plant, with building and grounds. For particulars address Glass Bros., Cottage Grove, Or. FOR SALE GROCERT STOCK; DO GOOD business; cheap rent; living rooms; selling on account of sickness. O 3, care Oregonlan. SHEEHY BROS. CARRT A SELECT LINE of wall paper, painting and kaloomlnlng; good work. 103 Sixth. TO LOAN PRIVATE FUNDS. IN SUMS TO suit, on city real estate, by Parrish, Watklns & Co., 230 Alder sV STOREROOM, 107 FIRST ST.. 25x100 FEET, fireproof brick, Wakefield. Frits St Co., 229 Stark bL y&' NEW TODAr. SEE MANNING'S ADDITION , Lots on East Ash, . S400 Lots on East Ankeny, $550 Lots on East Burnside, $600 SEE NICHOLSON'S ADDITION Lots in this Beautiful Tract $800 and up. W. H.IMUCO. Phone "Union 1812. 87 Union ave. EAST SIDE LOTS SqoR 50x100 on the southwest corner of 060 Going st. and Cleveland ave. C QRft 150x100 on the southwest comer of 5 OOXt East j3th and Wygant sts. C 1KO 100x100 on East Ninth St., between jp OUU Going and Prescott sts. $K(( 100x100 on East Seventh st., between ouu Going and Prcscott sts. C Oft ft For Tour lots on Delay st., between 9 JUwlom-s and Stanton sts. Or will sell Separately. C AAA Will buy three fine lots on the north v w east corner of Colfax and Hendricks ave., Piedmont. CI KAA 100x100 on East Yamhill, between 3AOUV Eaat 20d and East 24th sts. CiftAA All of block 0. Maegley Highland, 10 vUUU lots, each 50x100, 20 minutes' ride from Third and Washington stA. and between Williams - avenue and Union-avenue car lines. R0UNTREE & DIAMOND 241 Stark st., cor. Second. PRICES GO UP. Every lot in University Park will be advanced 10 per cent on the first day of May. Do you know why? This question will be answered by every person within sixty days from now. Can you take a hint? UNIVERSITY LAND CO. 151 Sixth street, near Morrison, i EASY TERMS $1000 33 1-3x100 and 0-room cottage on the northeast corner of East 37th and East Madison sts. 42Vjxl42 and S-room house. No. 1215 $1300 $1600 East Taylor St.. between East 42u and East 43d sts. 60x100 and S-room house. No. 731 East Ash St.. between East 22d and East 23d eta. They are all snaps. Can be sold with a reasonable payment down and balance in monthly Installments, with 6 per cent Interest. R0UNTREE & DIAMOND 241 STARK ST., CORNERSECOND. Sugar by the Sack, $4.25 No 1 creamery butter, 45c; Oregon eggs, 16c dozen: best ham. 124c pound; 15 pounds prunes, 25c: 3 pounds dried apples, 25c; 15 bars Cud ahy's C soap, 50c; 6 pounds white or pink beans. 25c: Lima beans. 5c pound; 10-pound graham flour. 18c; 10-pound nack corn meal, 25c; 2 packages premium mush. 15c; Albert Roach sardines, 10c can; gallon can of pure syrup, 45c: 3 packages mincemeat, 25c; best bacon. 15c pound. .Buy for cash and save money. Oregon Cash Grocery Co., 234 N. 14th. ACREAGE SNAP 12 1-2 acres, on car line, near "Woodstock. R0UNTREE & DIAMOND 241 Stark st. cor. Second. Acreage on Peninsula over OOO acres, 20 to $275 per acre; rooms and houses to rent or sell; reason able prices for good locations. Some Rood bargains ntr offered. The Bnchanan tract In bulk or in sec tions, situated in heart of 1005 Fair site; we offer at fair prices. Home Land Co., University Park, Oregon. I , Notice to Property-Owners. Wanted two Jols 50x100 each to gether; ten minutes walk from post office; no agents need apply. Address at once, F. R S, care Ortfgonian. 1 rtfWI 1 O -ff THAT VERY DESIRABLE 1UUXJL1.- It. property, S. E. cor. First and Caruthers sts.; street frontage 212 feet, two houses on same, plenty of room for six more. WAKEFIELD, FRIES & CO. 220 Stark st. THE BEST CHEAPEST IC ALWAYS I J METER THE CHEAPEST BEST Try a Squaro of Ferris Bacon Chase & Sanborn's Coffee and Teas are al ways the best. At J. N. BRISTOL'S, 202 Morrison Street. ll-RoomHouseS 449 Sixth st.. In good location; interior of house In good condition; needs painting on the outside, for which we will make a good allow ance. WAKEFIELD. FRIES & CO.. 220 Stark et. j , MORTGAGE LOANS On Portland real estate at lowest rates. Titles insured. Abstracts furnished. Title Guarantee & Trust Co. 7 Chamber of Commerce. Mnrrifinn St 75xl0 FEET. IMM JlLOrribUIl 3L. ately adjoining the IMMEDI- nw 100.000 Masonic Temple, now in course of construction. A property with a great big fu ture. WAKEFIELD. FRIES & CO.. 220 Stark st. MORTGAGE LOANS On improved, city and farm property. R. LIVINGSTONE. 224 Stark st. "HTvxTf Hr VERT CHOICE 33 l-3xl00-FOOT HO J lOl. south-front lot. In the swellest part of the residence portion. WAKEFIELD, FRIES & CO., 229 Stark tfi. A. J. FARMER. WHOLESALE AND RETAIL Grocer. Third and Jefferson Best Eastern t.aM. 19 i Anvvn mnx flpvll ham. 40c: 1 sack best Valley flour. 70c; 6 packages Tuco mush. 23c: 4 packages Mother's mush. 25c; 1 package Scotch oats, 10c: 2 packages Malta Vita, 25c; 4 packages Premium breakfast food. 25c: 1 pound Arm & Hammer soda. 3c; 1 3-pound tin sliced pineapple, 20c; 2-pound can preferred stock oysters. 25c; 2-pound can Bluo Point oysters. 23c; 1 bar Kels-Naptha soap, 5c; 7 bars Lenox soap, 25c; 7 bars Owl soap, 25c; 6 bars Baby Elephant soap, 23c; 12 bars Royal Savon soap. 25e; 3-pound pack ago Golddust wash, powder. 15c; 2 cans Econ omy cream. 15c: 1 pound good black tea. 25c: 1 pound good green tea. 30c r 1 pound P.ojal baking powder, 40c; 10 pounds pink beans, 30c; 10 pounds small white beans, 35c; 1 pound package Shepp's cocoanut, 25c; S pounds pearl barley, 25c; 7 pounds split peas, 25c; 10-pound box fresh soda crackers, 50c; 15-pound kit salt salmon, $1; 1-gallon can best table syrup, 45c; 4-gallon can best table syrup. ?1.75: 4-gallon pall pickles, 83c;: 12 pounds California prunes, 25c; 1 good houso broom, 15c; 1 good mop handle, 10c: 100 pound sack be3t D. G. sugar. $4.35; 2 cans Crawford peaches, 25c My prices are always the cheapest and quality guaranteed.. THUNDER MOUNTAIN. Group o seven rich claims and water right in famous district tor tale; high values. Ad dress J. T. J., c&ro Oregonlan. NEW TODAY. UNIVERSITY PARK. The seat of the great Columbia University is inside the city limits of Portland, has Portland public schools, Portland city - water, street cars, graded streets, only system of 100-foot boulevards in the cityj has a thirty-acre public park, electric street lights, churches of all leading denomi nations, stores, beautiful homes that cost from $1000 to $10,000, building restrictions, liquor re strictions, the most charming mountain and river scenery, in fact, everything to make a great city, and yet you can get lots for $75 to $200 each, ten per cent cash, balance $5 monthly, no interest, no taxes. Abstract with each deed. When a thousand dollars is paid to us by all of our purchas ers we lend it back to some one of them (determined by drawing which one), at five per cent inter est, to be used in building a home. This is repeated by us till all get homes. $25 down and $15 per month will stop rent im mediately and get you 75x100 feet of ground, a large barn and a neat cottage. Rent is eating you up. Be somebody. Live in your own home, however humble. Special inducements to those who will build houses costing up ward of $1500. Open evenings. UNIVERSITY LAND CO. 151 Sixth Street. Horse Heaven Country Yakima County, Wash. Wc have 20,000 acres of choice agricultural land for sale in the famous Horse Heaven Country, within easy distance to railroad and Columbia River; this land is producing from 20 to 30 bushels of wheat to the acre, and we are offering it at the extreme ly low price of $5 per acre, one third cash, balance long time; low rate of interest; liberal dis count for all cash payments. According to the way this land is selling, we expect to dispose of our holdings by Aay 1. Call on or address Hudson & Brownhill Real Estate and Investment Co. 551 Sherlock BIdg., Portland, Or., or The Dalles, Oregon. LEWIS AND CLARK CEN TENNJAL EXPOSITION. Where will it be held? Ask the first 100 people you meet on the street and 90 will tell you "on deep water below the bridges." Public opinion has settled this question. We give you until May 1st to take advantage of present prices. Every citizen of Portland will have anopportunity to make some money through the Exposi tion by purchasing a few lots at University Fark before prices ad vance. Prices of all lots will be advanced 10 per cent May 1st, 1902, and will be advanced 10 per cent monthly until present prices shall be doubled. Present prices, $75 to $200 per lot, one-tenth cash, balance $5 monthly. No interest; no taxes. Abstract with each deed. UNIVERSITY LAND CO. 151 Sixth street, near Morrison, j ) Portland Trust Company of Oregon 109 THIRD STREET CONDUCTS A GENERAL BANKING BUSINESS It offers to depositors every courtesy and accommodation con sistent -with sotfnd principles. It receives savings deposits nnd is sues interest-bearing: certificates of deposltf In addition, it affords all the facilities of n Trust Company. It carcN for estates, collects rents, dividends and income. It oilers to investors flrst-class mortgages, stocks, honds and in vestment securities of approved value. BENJ. I. COHEN. President. H. L.. PITTOCK, TIce-Preeldent. B. LEE PAGET. Secretary. FOR LEASE 100x100 on the northwest corner of Fifth and Burnside sts. "Will lease this desirable quar ter blcclc for a term of years at a moderate rental. For information apply to R0UNTREE & DIAMOND 241 Stark, corner Second. DO TOU WANT TO BUILD A HOME OK BUSINESS BLOCK? BUY A FARM OK PAT OFF A MORT GAGE? THE CALIFORNIA, OREGON AND WASHINGTON HOME-BUILDERS' ASSOCIATION. 417 ABINGTON BLDG.. PORTLAND. OR., Will advance the money, allowing you to re pay the same at $5 per month. For particulars apply to agents or office. C.Pnnm TTnnA 1N GOOD CONDITION. O-XIUUJH .HOUSO pleasantly located, at No. 550 Sixth st. A comfortable home for any one; sle of lot 33 l-3xl00 feet. Special price for a few days. WAKEFIELD, FRIES & CO. 29 Stark - NEW TODAY. Best Not Too Good Have you tried to plan In your mind what we could have on a site away from the river that would Interest Eastern people? Are ,you aware that the best show that we could have on such a site would not match one of the annual state fairs held by many of the Eastern States? Our best efforts on such a site must prove to be a failure. If the Exposition be held at "Univer sity Park, we can show our harbor, the ships coming and going, our mountain scenery, 200 miles of standing timber extending from Mount Rainier to Mount Jefferson, as part of our Exposition. We can have nothing on a site away from the river that we cannot have on the river, but we can have many at tractions on the river that we cannot have away from the river. Then why not have the best possible for the mon ey we shall have to expend? ' Hawthorne Park, in connection with Ladd's Addition, is the only place, be sides University Park, that has any con siderable number of advocates. The only claim made for Hawthorne Park is "that it is central." While it is nearer to the Postoffice than University Park, it is not as accessible. Hawthorne Park would have to depend wholly on the street-cars and carry-alls which would be burdened to their fullest capacity wherever the Exposition may be held. The unobstructed boats and railroads to University Park will make the trip in less time than the street-cars could reach Hawthorne Park. Think of the crush at an open draw which must take place many times dally. Think of the delays at street crossings, to avoid crashing into heavy trucks or to avoid killing pedestrians. Compare this with a clean, breezy boat ride to University Park, without crowding or hanging to strap, or with a 10-minute run on the railroad, where all wagon roads are overhead, except the one at Lower Al blna, and where the liability of acci dent would not exist. Even its claim of central must vanish before the supe rior facilities of reaching University Park. PENINSULA BOARD OP TRADE. WEST SIDE LOTS CI Ann 50x100 on Savier St.. between 24th P-IVUU and 05th sts. 50x100 on and 23d sts. di ( "P1""" man and 22d sts. CI Onn 50x100 on Northrop St., between 18th ;pj.Muu and oth sts. v Cl-AA 50x100 on Northrup St., between $10UU 21at aad 22d. Cifthn 50x100 on 10th st., bet. Jackson and 5)1 OUU cilfton. COnnft 50x100 on the southeast corner of Pvuu Fourth and Caruthers ets. $OKfin 50x100 on First St., between Hall OUU and college sts. eqnnfl lOOxlOO on the southeast corner of JPOUUU 20th and Northrup sts. Or will sell either lot. CQfinn lOOxiOO on the southwest corner of VOVKJV 19th and Northrup. Or will eell , either lot. QQ-flfl 100x100 on the southeast corner of JPOOUU 22d and Northrup sts. coflflO 100x100 on the northeast corner of VOIVXJ 22d and Marshall fcts. C-ftfirt 100x100 on the northwest corner of JpOUUU 2d and Johnson eta. The aboie Is but a small portion of the list of desirable lots we offer for sale. R0IWTREE & BIAM0ND 241 Stark st., cor. Second. W1LUAMG.BECK&C0. FINANCIAL AGENTS, Real Estate and Loans City and Suburban Property FOR SALE. Lots from ?50 to $2000. Timber lands Oak, fir, cedar. Stock ranches and dairy farms. $1000 room house, new. Just completed. lot 50x100; East Side. CI "inn 5-room cottage, tv.o lots, each 50x Jp-llUU 100t sman fruits; East Side. $uoo 7-room house, Vancouver car line. lot 50x100, nowers and fruit. 'filnOO 7room Drlck house, lot 50x100, East ClOSA 8-room house, new, corner lot, 50x JplSCU 100 Eaat Side. (CiRen 8-room house, fractional corner lot, 3)100U Eaat yamhlll st. ClQnn Modern 8-rcom house, lot 50x100, JplOUU East Side. $oon Modern 10-room house, fractional lot, -ou West Side. $3200 $3000 5-room cottaec, bath; also stable; lot 50x100; "West Side. House and lot on Third st. Two houses and lot on 13th et. House and lot on Clay st. $4000 $5000 Lots In KInzel Park, ?10O. Lots on East 20th. on car line, $300. Lots In South Portland. $300. 321 MORRISON STREET. km view Lots Only $50 Each.' High, sightly and healthy location, pure air, pure water, fine view. An Immense sawmill and a box factory have been arranged for, and will soon be under construction at Point View. These enterprises, together with the ex tension of the O. R. & N. to St. Johns and around tho Peninsula, the location of the big dry dock and the probable loca tion of the Lewis and Clark Centennial Exposition, will cause a rush for Paint View lots. Buy a few while they are cheap I TITLE PERFECT. TERMS EASY. Title Guarantee & Trust Co., 6 and 7 Chamber of Commerce. Ground floor, on Fourth Street Side. GOOD BUYS Cflvl f( On "Washington st., opposite Ex OUX1UU position building. 1 nn--1 nn On the northeast corner of 11th lUUAXUUand Aider st3. KfWinft On Morrison St., clos to Port OUXAUU iand Hotel, and carnine 5 per cent net. Only partly improved, and gaining in value every day. 1 Kn-wl nn On East First and East "Wash lOUAluU lngton sts.. on So. Pac track. "Will be sold very cheap. Onn-irinnOn 13th st. This Is the finest 6VKJX.1.JJ warehouse site in Portland. R0UNTREE & DIAKOND 211 Stark st.. cor. Second. $5500 $6500 FINE QUARTER 12th and Harrison. BLOCK ON BEAUTIFUL QUARTER BLOCK on Taylor st.; the choicest loca tions In tho city for flaU. $25,000 ICOxlOO ON SEVENTH AND Oak sts; fine hotel site. GRINDSTAFF & BLAIN. 21Q Stark. MORTGAGE LOANS On improved city and farm property, at lowest current rates. Building leans. Installment loans. MacMaster & Blrrell. 311 "Worcester blk. nnj cf CHOICE EAST -FRONT LOT, OU Ol. between Marshall and Northrup streets. Price $1700. "WAKEFIELD, FRIES & CO., 223 Stark st.