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