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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (March 12, 1911)
13 , TTIE SUNDAY OltEGOXIAN, PORTLAND. MAItOI 12, 1911. PORTLAND DEPARTMENT STORE WHICH CHANGE D OWNERSHIP YESTERDAY, FIOTJEElfc KOTLDTNG ntirrrrnTiiinPTiTTioo nBTfTVjmrn TtJ T-C CTH" TJTT T rVTT A ST T a A m HTPMTIV.'R.S CiV FIRM THAT SOLS. I UNUSUAL NOSE IS QLDS.WORTMAN & Xil lYiUbililUSUIiJ VMUU1A1W! IMUUWIi a V nrVJW ' - ; KING STORE SOLD Prisoner Still Denies Identity, In Spite of Accumulat ing Evidence. Max and Aaron Holtz Repre sent Heavy Financial Inter ests in Deal. jiyi pijii TELLTALE BOOK IS FOUND PRICE ABOVE $3,000,000 EZi"T'n'"w"--'sr"w AGIST KARNOFF Transfer of Bl(f Popartirvnt Store Include Building, Stork. Ground Ira, Stable, Warehou and Business) Control. (Cn D t In trtm Prtl Pu' ) known to us. to enter our organisation s a Junior partner. "Purlnr thl period we had constant ly la mini our plan for retirement from the esecutlve responsibilities of this great business Just as soon as w had demonstrated beyond the shadow f a doubt and to our entire satisfac tion that the removal of our -business ef the new location, with the resulting rreat expansion and Terjr much en larged Investment, was completely Justified In every particular. "I am pleased to say that the sue eess of our business In Ita new loca tion has now been conclusively dem onstrated, both In respect to Tolume of sales In the new departments which we added and also In a most phenomenal Increase la the business of our old departments, which has entirely ex ceeded our irreatest expectations. We therefore feel thoroughly Justified In now furthering the change In owner ship and executive management an nounced today. -My associates and myself would not have been satisfied to relinquish the control and management of this lares enterprise unless we were thor oughly assured that the growth, sta bility aad permanent proa-res of the greater Olds. Wortman ac Klna store were established beyond the shadow of a. doubt, and In parties; with the di rection of this Institution, which will shortly be assumed by our Junior part, ner and his associate, we are providing properly for the future management and operation of this store. In the most natural manner. -By reason of the association with this business of Alax lioltx. whose mercantile experience and history will give added strength and support to the operating organisation, we believe we have Insured properly the continuance of this business and the policies which have made It possible to progress and prosper In I'ortland, and to continue Its growth in the confidence of the people of this community." Ilesponslbllltlr Are Great. Max Holtx. when Interviewed by a reporter of The Oregonlan. said: "The announcement of Mr. Olds com pletely covers the situation. My broth er and myself are happy and proud to merit the confluence f f Olds. Wortman A King as Indicated In the statement of Mr. CMs. and we are deeply Im pressed with the aense of responsibility which we owe to them and this com munity la maintaining the prestige of this bouse. -Fpeahlng for my brother, as well as for myself. I might say that we have devoted virtually our entire business career to dryroods aad department store work. While he le well known to a great many of your cltliens by reason of his long residence among, you. during which period he has been -extremely active In local mercantile cir cles. I am a comparative stranger to your community. Opportunity la Attractive. "At the same time It Is proper to tale that for many year I have been la the cloeest possible touch with the retail and wholesale drygooda Interests rf the United Ptatea and Canada In an advisory and professional capacity, and a ordinary opportunity could have t.mpted me to give up thla extremely attractive relation to a great industry and concentrate my effort on a single feusiaevs. It is only natural that be fore entering Into such an Important commitment that I should make a care ful study of this city. Its environments, and potential resources, and analyxe ail the favorable and unfavorable fac tcre which might possibly Influence my Judgment, and my final conclusion Is that Portland and the Olds. Wort man King UTt are so well favored by all the conditions, present and pros pective, which make for growth and permanent prosperity that I could not la Justlee to myself forego the oppor tunity to acquire a large Interest la tills business. -la order to set at rest man- Idle and unwarranted rumors which have been la circulation during the period ef negotiation. I might say unreserved ly that I am not acting for the United lry Oooda Company, or the so-called Claflln Interests, or any of their affili ations, which own and operate many large dry gooJs and department store throughout the Untied Btates. Powerful Interest to Appear. -There will be associated with certain financial Interest who Iden tity will be made public at the proper time, and whose power and strength will bo self-evident. Their Interest In a large Portland enterprise will demon, trat that new aad powerful Influ ence which can contribute much to the future growth and prosperity of this city nd section have definitely committed themselves to permanent In vestment In thla city, and thereby war rant a deep Interest In It growth and welfare. -Speaking for tha Old. Wortman King business, and after a close In spection of It affairs. 1 will say that 1 waa amaxed at its wonderful progress and growth, particularly during the period In which It ha occupied It present quarters. -Ordinarily the removal of a largo retail business to a new location some distance from Its old headquarters re sults la a trial period of suspense and experiment before the Institution find Itseif.' To my surprise and great grati fication thla condition has never pre vailed in the Olds. Wortman 4k King store, from the day that the store doors were opened at Morrison. Tenth. West Park and Alder streets, the sale have Jumped by leape and bound, livery newly added department ha mad good, aad the record tor the past even month Is a marval of skilled operation and efficient management. Bastness la Good Shape. The business I today at the high tide of prosperity and stability. I con gratulate myself and my associate on tb wonderful opportunity that ha been opened to u here. and. barring accident, we hope to have In this store as perfect a source of supply for dry goot merchandise, food product, home furnishing and all line, a the ex perience and Ingenuity of men with airple capital can provide. "TM baslnee I too old and f am too new to Portia-ad and Ita people to JUT; -Vivl p r4 W&tt 111" . "'" " .'-SjSl'--L 0-- ,Jk5lS!T-v, , 11 I WT n,.,,' !'. 1 tv: JIV4 I ill II- ,1 ' ,V.- i '. ' II ferJ t. Jhf. . k r.:. CTvT CW6. warrant any statement from ma at thla time a to our plana and methods. The no 1 lev of fair dealing which ha char acterised this business since its foun dation In ISM by McLaren Hros.. suc ceeded by John Wilson, then by Old King, and to the present day by tb existing organization, has been Justi fied by the continued growth and In creasing prosperity of thl gret tor during It long career. It I unique In the respect that In point of continued operation It la the oldest mercantile business of Its class In the Pacifio Northwest. Policy to lie Continued. To trie extent that I will have a voice In the executive management the Olds. Wortman King atore will be a tradlna- establishment for all tne people and never for a section or a class. It motto will be "For the Pub- lio Service and I hop that If I have learned nothing else In the course of a rather Interesting business career I still have clearly before me the Idea that not only Is honesty the best pol icy, but also that the best policy is honesty. Some people call It a iquar deal, other the golden rule, but on thla statement I will rest my case and let eubsequent event demonstrate whether we have made good or not. 'I may add that Included In thi operation I the stock of the Portland Building Company, wnicn own in store building occupied by the busi ness anj the extremely vaiuaoie ground lease for their full period. In addition we will acquire the stable and warehouse property, also the china and glassware and house furnishing goods departments, which were Independently operated In thl building by J. C. Old. Mr. lioltx. when asked to state tne amount Involved In this transaction, de. clined to give the exact figures, ex- cept to ay they were wall up In the million. Final Transfer Not Vet Wade. Owing to "many detail Involved In the transaction, and to allow Mr. Holts tlm for clearing up many of hi K it em Interests, tn the most important of which he expects to retain his Invest ment connections, the final transfer of th properties will not take place for some month. Mr. Holt expect to spend the most of hi time In Port land, beginning with the early Sum mer. In the meantime the management and operation of the buslnesa will con tinue exactly a heretofore. The name Olds. Wortman King will be con tinued under the new management. Lire Spent In Business. . t ir..l i. wt.n. n). fn- ktialnAM development In Portlsnd bare Just been maae known., ia a native 01 nwiimir, N. T. He Is e. comparatively young . iA 1 . Ik, . li entered the employ of Blbley, Lindsay tt Curr. the largest department store of Rochester. Thla house haa a reputation tor the large number ef young men It haa graduated who have later succeeded to executive responsibilities and owner ship in other store. ' Mr. Holts fire served thla firm a a Junior office clerk, the lowest grade posi tion In Ita counting room, at a weekly wage of M. He quickly rose to book. ksaoer and assistant cashier, Alter a long service with thl house he went West, having secured a position with Car son. Fir!. Scott & Co. of Chicago, who engaged Mr. Holtz on the atrengtn of a Utter which he addreaned to them apply ing for a position, which waa granted without an Interview. After one year tn Chicago he found hi health becomlrg Impaired by reason of climatic condition and h sought . new field of actlvrty. In February. Ix9i he entered the employ of Younker Bro.. of Ie Moines. Iowa, on of th eubstantlal dry goods house of the Middle West. Mr. Holts spent several years In Des Molnee and bad charge of the accounting department, advertising and general office work for thl firm. At that tlm the art and science of advertising as since developed In the retail dry goods field was Jue beginning to emerge from the crude and haphaxard method of that tlm and to take shape a a powerful and positive Influence In the development of modern merchandising. Trade Periodicals Handled. Mr. Holts Immediately becam In terested In th theory and practice of de partment store advertising and soon afterwards took general charge of the publicity of that house. Hi work along new and original line attracted th at tention of the edttora and publishers) of the Dry Goods Economist, an Important periodical tn the dry goods trade. In 18S5 he was Invited to become aSUlatod with that publication. Coincident with his arrival In New Tork there began a period of development and expansion tn the publishing enter prise with which Mr. Holts had be come Identified, and In which he took no mall part. Th Interests In control of the Iry Ooods Economist acquired the ownership of the Dry Gooua Reporter of Chicago, I1L. an old and substantial trade publication serving the trade tribu tary to the Chicago dry good market. A year or two later the Dry Good Re porter of St. Iui wa purchased and renamed The Drygoodiman, and then fol lowed th acquisition of The Paclflo Coast Merchant of Sun Francisco, Th North western Commercial Bulletin at Minne apolis, the m. Paul Trade, afterward consolidated and now known a th Twin City Commercial Bulletin, and other trade newspaper properties, all of which are operated a Independent publications, housed, with on exception. In their own building, and all successful. Publications Widely Known. The .corporate organisation In which these various publications are connected I widely known th Root Newspaper Association, of which Mr. Holts was one of the Incorporators In ISS. and In whoae properties he baa large Interests. Mr. Holts Is probably as well known to th dry goods trade or the United Btates and Canada a any other single individual In direct contact with It. As president of the Economy Service Com pany, one of the constituent properties of the Root Newspaper Association, he haa for many years maintained an ad visory relationship to many leading dry goods Interests, which has given him an exceptional opportunity for the observa tion and appraisement of mercantile values, location and prospects. Mr. Holts' associate In th East tn th opefatlon of these dry goods publi cations are also In control of the Iron Age and other leading publications of National reputation In the sloel Industry- He ts also Interested In a large way In New York City real estate, and Is a close student of realty values and condi tions. Career of Aaron Holtz. Aaron Holts, the present Junior partner of Olds. Wortman & King, who Joins his brother In the purchase of this busi ness. Is well known to the - people of Portland and local and Kaatem trade Interests. He Is also a native of Roch ester, N. T., and laid the foundations Of his mercantile career with the house of Sibley, Lindsay Curr of that city. He subssquently became connected with the Den holm II McKay Co., of Worcester, Mass., and other representative house In that district He came to Portland In 1SS9, and for 10 years was associated with one of the largest local retail houses. On January 1. 1910, he became a partner In the busi ness of Olds, Wortman Sc. King, and has taken a prominent part in the executive management of this business. Mr. Wortman to Go Abroad. H. C. Wortman declared that the sale of his Interests In the firm was due to the tempting offer made by Messrs. Holts. "I still retain an Interest tn the cor poration." said Mr. Wortman, "and will always be with tt heart and soul. I shall make Portland my home always, and will spend the next two years In traveling. I feel as If I am entitled to a rest after M years of active business life. I wish to say that the same hlgn standard of excellence In the conduct of the store will be maintained by the new managers and owners.- The Holts broth ers are of the highest type of merchants to be found. That they will win th approval of the public is my positive oonvlctlon." C W. King, In speaking of his prospec tive retirement, said he had reached the time of life when repose waa of consider able Talue, and he felt It his duty to dis pose of hi interests In connection with those of hi partner. "The store has been my main life." said Mr. King, "and its growth has been a great pleasure to watch. Of course, I am still Interested in the new firm and will be with It in spirit at all times." RUSSIAN LABORERS ENTER CnfaToraDlo Iabor Conditions In Seattle Xo Bar to Immigrants. WASHINGTON, March IX. Secretary Nagel today admitted Rusiand, destined for Seattle, who had been held at Ellis Island. New York, because immigration Inspectors reported labor conditions were unfavorable at their objective point. Th Immigration authorities thought the Russians were likely to become public charges If they went to Seattle ! and wanted to divert them to Iowa. . Secretary Nagel In admitting the men J held that unfavorable labor conditions , alone could not be Held a a bar to ira- I migration. I Bride Testifies Husband Was Absent From Home ' Only One Xight From Time of Wedding Un til Last Sunday. With the sworn testimony of Wr. George Karnoff on the one hand that her husband, accused of two crimes, was never In Portland until last Sun day and, on the other hand. With th discovery among his effects of a note book bearing the name C. T. Hubbard, written in striking resemblance to th signature on a bad check, alleged to have--been passed by Hubbard, the mys tery of Karnoffs identity, which has been in question ever since his arrest early in the week, seems as deep as ever. Detective Maher-has identified Kar noff as the man who, under the name of Hubbard, went to the County Jail six weeks ago and asked to be sent to an Insane asylum, because he had suffered from insomnia until he was on the point of losing his mind. Maher was called into the case at that time, and is sure that Karnoff is the man. Nose Is Saving Feature. Karnoffs nose, of unusual shape, is the feature around which the identi fication centers. Those who say that Karnoff is Hubbard refer to the nose as establishing the Identity, while those opposed -declare that Hubbard had a straight nose. The felony charge against the pris oner was called In Municipal Court yesterday morning, and a host of wit nesses were present. For reasons satis factory to the court, based upon the incapacity of one of tnose concerned to proceed with the case, a continu ance until Monday was ordered. Upon the plea of Mrs. Karnoff that she must return at once to Spokane, her testi mony was taken. The wife testified that she was mar lied to Karnoff in Spokane last Sep tember, and that he was manager of the Neal Institute, a drink-cure in that city. Since his marriage, she said, Karnoff had been away from home only one night, up to the time of his departure for Portland last Sunday. Upon cross-examination, she said that he was a good penman, and admitted that he drank to excess on occasions. She could not say what effeot being drunk had upon his penmanship. Notebook Is Evidence. The notebook among Karnofrs ef fects Is relied upon as strong evi dence for the prosecution. On one or its page is written the name C. T. Hubbard, and comparison of the writ ing with the signature on a bad check passed upon G. Ewelss. proprietor of a stall In the Washington-street mar ket. Indicates that the two Writings were by one hand. The prosecution Is not impressed with the statements of witnesses for the defense that Karnoff is not the Hubbard who gave himself up at the County Jail. Dismissing that conten tion, they stand upon the positive Identification by G. Ewelss of the man who gave him the bad check, and of Manager Patch, of the Breslin Hotel, of the man who lodged in his house and fraudulently collected rent rjom his tenants. The defense, on the other h.na professes its ability to bring any number of wjtnessfs from Spo, kane to support the testimony of the wife that Karnoff was not In Port land until a week ago. Prisoner Show Strain. The defendant shows evidence of great strain and aeems to be approach ing a nervous breakdown. At the time of his arrest he was confident and plausible and brushed the charges aside with a lofty air of being the victim of a ridiculous mistake. As he sat in the courtroom yesterday and listened to the testimony of his six months' bride, he wept, and he has . . i w ..,riv . week of incar- ceratlon and uncertainty, the gloss of manner ana aresa wiutu "' feature at the time of his arreet. College President to Lecture. W. H. Crawford, a lecturer of Na tional reputation, and president of Al leghany College, will deliver a lecture dist Church next Friday night under the auspices of tne tpworin CARD OK THANKS. On' behalf of my family and self I , i . A,anA mir ninrern thanks and appreciation for the many kind nesses shown us during the last illness . . i J - . V. n 9 mi m ft t Fl ,F t M T - abeth HeSs; also for the beautiful floral tributes. ,.,T A . H p. A'ti."n a r i rfl.Miwr A Car That Satisfies Its Owner THE tremendous success of the Pope Hartford is evidenced by the universal commendation of thos who have purchased them. The 1911 Model W, 4-cylinder, is even a better car than the Pope Manufacturing Co. has made in former years. The motor is of in creased size, more power, more efficiency. Bated at 50 H. P, but de- velop considerably more, affording & great reserve power. Greatest Value for the Price 1911 Model W is priced at $3000. It is the biggest and best $3000 worth of an automobile that it is possible for yon to buy. Every little detail in the construction of a Pope Hartford ia built in with the pur pose of comfort and convenience always in mind. There is no un necessary complicated mechanism. Always, wherever possible, the mechanism is of the most simple design. Simplicity and strength go hand in hand. The Pope Hartford 1911 Model W is a car that you will be proud to own. To become thoroughly acquainted with its many good points, to know how easily it runs, to appreciate the beauty of design, the comfort of spacious bodies, yon must ride in one examine it at close range. Come to the garage any day. We will be glad of the opportunity to demonstrate this car to you. The new catalogue is full of pictures of the car, and describes in a most interesting way the different parts. Come in and get one. H. L. Keats Auto Co. Burnside and Seventh Streets ' lni if rr -n a ti i in nr - Tr-" -jj PUBLICITY FUND 6F1GWS COMMERCIAL. CLCB PRAISED FOR ITS WORK. letter of Thanks Aid Committee in Obtaining Subscriptions New Campaign Planned. Words of praise and commendation for the good work performed are coming in by letter to the officers of the promotion committee of the Commercial Club. The people in Curry County are the lateBt to send their good wishes to Portland, and state that they have received great bene fit out of the list of prospective settlers for Oregon. The letters have aided the committee in soliciting funds for the publicity work. The business men, as a rule, give expressions to their sentiment regarding the work and are liberally con tributing what they can-mfford for the furtherance of the development work. This week the committees will do more work than they have done any other week. The city is being divided Into dis tricts, and men are being assigned to sections for calling upon those whom it is desired to have subscribe. "We are getting along fine," said C. C. Chapman last night. "We expect to have a fairly good amount in sight by tha end of the week. It will take nearly all Summer before we get all over the list. The theory which we have adopted, and one which finds much favor, is the equitable division of the ouraen. do not believe that is right for a few men to carry all of the burden- in the matter of finance. There are many firms that have not been giving what they should, and it is this condition which we are trying to correct." Granges Plaa to Co-operate. Officers and members of the 10 Granges of Multnoman uouniy win hold a meeting today at the Gresham Grange hall. Masters and lecturers of local Granges are especially invited to attend. It Is proposed to form a co operative association .among the 10 Granges of the county. The object is to promote the financial interests of the order In the county. i BOY BOASTS HE'S TOUGH 13-Year-Old Steals From Mother to Make Tour of World. Tve been in trouble before, and I'm a pretty bad character," said George Jerread, 13 years old. to Sergeant Harms, when the officer questioned him after his arrest yesterday. The lad said that he had stolen nearly $100 from his mother ana set out from his home in Everett, Wash., Friday morn ing, "to tour the world." Accompanied by' Wilford Buchamp, 14 years old, young Jerread was ar rested at the Union station by Detec tives Mallet and Craddock. They were placed in an isolated cell at the city jail. Jerread said that his father i an undertaker, living at S523 Broad way, Everett, and Buchamp is a mes senger boy in the same city. His par ents live at 3801 Lombard street. Bu champ had 74 of the stolen money in his pockets when he was arrested. The parents- of the boys were com municated with by telegraph yester day. 'The postponed Japanese world exposition will probably be held In 1010. SELLING OUT "We move to Seventh and Alder. Our new building Is nearly ready. HTvery piano, upright or grand, every talking machine and record, every organ, pipe organ, etc., etc.,- to go into our new building has been provided; and every thlng. now in the old establishment must go! See announcement page 4, section 2, this issue. A seven-fold in crease. " CLO Pianos Player Pianos We Are Going Out of Business , $189 I ii47 T $297 SOHMER GUILD UPRIGHT DRAPER Piano , Fine Condition Mahogany Case $50 $115 I $147 LESLIE WERNER LUDWIG $390 $449 PLAYER -PIANO BREWSTER 88-Note Mahogany Case Player-Pianb Was $1500 APOLLO GRAND PLAYER PIANO $850 Term of Payment to Suit Your Convenience Every Instrument Guaranteed Privilege of Exchange ovendesi Pia-sio Go. 106 Fifth Street Next Perkins Hotel H A