T
THE SUNDAY OREGOXIAX, PORTLAND, JULY 0, 1913.
EAST SIDE SEEKS
WHOLESALE HOUSES
Development of Centra! East
Portland as Big Shipping
District Is Aim.
COMMON TERMINALS HELP
Business Men's Club Formulates
Gitenshc Plans lor Attracting
Commission Men Advantages
of District Arc Cited.
Between 13 and 20 commission
houses. Jobbers and wholesalers are
now located in Central East Portland"
and are having carload, shipments
placed right at their warehouses for
unloading. Other firms are awaiting
the action of the North Bank Railway
before finally securing locations on
1he East Side.
The East Side Business Men's Club
lias started a campaign to fill up Kast
Third street and Union avenue with
commission houses and jobbers, and
lias submitted an invitation to com
mission men to investigate the situa
tion. In a statement issued by H. A.
t'alef, president of the club, the an
nouncement is made that from SO to
!0 per cent of the produce for Port
land now comes in on the Kast Side
and the Southern Pacific when elec
trified cannot take freight down
Fourth street on the West side.
Jobbing: Center, (irowa.
Tn referring to the natural advan
tages of the Bast Side President Calef
Kays:
"The natural commission house, job
bing and wholesale center for Portland
will be on the East Side, between East
Burnside street and Hawthorne avenue,
along Union avenue in particular, and
along East Third and East Second
streets, where carload lots can be set
to your houses by ull railroads com
ing into the city. The new Southern
Pacific East Side freight depot at East
First and Oak streets, also now used
by the O.-W. R. & N. Co., and the new
Kast Side freight depot to be erected
this year by the S. P. & S. at the cor
near of Cast Morrison and Union ave
nue, will make of this Central East
Side district an ideal commission
house, jobbing and wholesale center,
without bridges to cross: with the most
convenient transportation reached by
all railway lines entering the city, both
steam and electric. This is particu
larly true under the new common ter
minal plan carried by a nearly 2 to 1
vote, for city belt line railway and
common terminals at the election June
2. This will provide for the use, by all
common carriers of any and all tracks
on the streets of our city, within 1000
feet of the water front, on equal terms
to all.
"With the coming In of Lents and
St. Johns, over SO per cent of Port
land's population now reside and al
ways will reside on the East Side.
Union and Urjind avenues are the great
and main transportation thorough
fares, with easy cross-line transporta
tion to every part of the city. This
splendid East Side location with its
strategic population and transporta
tion features, speaks for itself, par
ticularly as to future growth. We in
vito full investigation. Ground values
snd rents are far cheaper now than on
the West Side, but will not be 20 years
hence on this East Side.
"All of this spells opportunity. The
value in agricultural implements han
dled on the Central East Side last year
n eared the $:!.", 000, 000 mark. The ice
and cold storage plants are in this East
Side district.''
Freight !rpo Built.
The plan of the club is to develop
Union avenue between East Burnside
street and Hawthorne avenue into a
commission and general jobbing dis
trict. There are no street car tracks
on Union avenue, in that locality, and
probably there never will be, and hence
it is urged that the street would be
ideal for this purpose. The advan
tages of the freight depot by the
Southern Pacific Railway at East Oak
and East First streets, in response to
a demand for shipping facilities for
jobbers made through the club, have
been more than realized in the con
stantly growing shipments through
that depot. The agent states that the
volume of business has been con
stantly on the increa.se since the de
pot was finished. Through this depot
it is possible to ship and receive less
than carload lots. While the present
facilities are ample to take care of
the business there handled, it is con
ceded by the Southern Pacific officials
that the present freight depot will-have
to be enlarged in the near future. The
depot will be extended northward
toward the Burnside bridge.
"We now have 2'7S.OOO people." said
President Calef, "and already the com
paratively small West Side business
area has becomu greatly congested.
When we get 500.000 to 1,000.000 or
more population within the next 10 to
20 years, where will your commission,
jobbing and wholesale business be lo
cated? It will surely be compelled to
move to Central East Side to get rid
of the congestion, be convenient to
transportation and to the great ma
jority of the East Side grocers, who
are now and always will be located on
the East Side, and thus save them
selves crossing the river bridges twice
a day for supplies."
SANDY WANTS GOOD ROAD
Telephone Company Acquires Line
and Will Build to Mount Hood.
SANDY, Or.. July r,. (Special.)
George A. Wolff, J. Scales and Harry
Thomas, being a committee from the
Sandy Commercial Club, appointed to
secure the Improvement of the road
between Pleasant Home and Sandy,
have taken up the matter with prop
erty owners along the route, the Coun
ty Court and the Portland Automobile
Club. This is one of the most impor
tant roads entering Sandy and is part
of the Mount Hood automobile road.
The committee will report progress at
a meeting of the Commercial Club Julv
16.
The Pacific Telegraph & Telephone
Company has acquired the telephone
line from this place through Cherry
ville to Rhododendron Tavern, and has
a force of men stringing the wires. Two
copper wires are being strung. This
will give telephone service to the
Mount Hood resorts.
BARN CHANGED TO THEATER
British Village Folk Add Gaiety to
Lives by Giving .Plays.
LONDON. July 5. (Special.) The
theater that lias been fitted up in an
Essex barn by l.ady Warwick in connec
tion with Robertson Scott's non-party
rlub at Dunmow;. is one of the latest
outcomes of the movement for the en
couragement of rural drama, which is
at tha present time one of the most
cheering features of English country
life. Several other theatrical ventures
of the same local character have flour
ished for some considerable time in va
rious parts of the country.
For nearly 30 years the Alvechurch
Village Players, who took part last
August in the Summer festival at Strat
ford, have given much of their leisure
to the study and performance of Shake
speare's plays. For about a third of
that time the Hildenborough Players,
in the depts of the County of Kent,
have appeared In plays written by lo
cal men-and full of local allusions, the
company consisting of the village
blacksmith and schoolmaster together
with gardeners and other working men
belonging to the district.
In the same way the Dorchester
Players, who for some years have given
public performances at Dorchester and
even in London of dramatized versions
of Thomas Hardy's novels, are all typ
ical sons and. daughters of the Dorset
soil and often the last kind of people
that might be expected to interest
themselves In the drama and the stage.
Yet. like the Norwich Players, or the
boys of Sawsten, in Cambridgeshire, or
the village children of Winchelsea In
Sussex, or the performers in the Box-
ford pastoral masques, or the Grasracre
dialect play, they have made their own
intelligence brighter and keener by the
exercise of the dramatic Instinct and
have added to the gaiety of other peo
ple. WAREHOUSE SITE SOLD
WA1HAMS & CO. PLAN- TO BUILD
IX NEAR FCTIHE.
Two Large Apartment-Houses Under
Way on East Side Candy Fuc- .
lory Will Cost $30,000.
i
vs
adhanis & Co., wholesale grocers,
hav 1nst DiirnhiHed from the Ladd es
tates a block located in Central East
Portland, bounded by East Tenth, East
Ninth, East Everett and East Flanders
streets, for $19,500. The firm made the
purchase of this property with a view
of erecting a building on the property
in the near future to accommodate
their business. However, no plans
have yet been adopted. The property
is located in a zone in which several
West Bide firms have invested recently.
A. five-story factory building is now
under construction on East Eleventh
and East Everett for the Modern Con
fectionery Company. The building will
cost $5),000. The foundation has been
completed and work is In progress on
the second story.
Plans have been completed for the
largest apartment-house to be erected
on the East Side for C. W. Miller, which
will stand on East Broadway between
Vancouver avenue and Wheeler street.
This structure will be 100x200 feet and
three stories high and will contain
more than 100 apartments of two and
three rooms each. The foundation has
been completed and work has been
started on the first story. The cost
will be above $75,000. Mr. Miller has
established a planing mill on the
grounds north of the site of the build
ing, which is turning' out the material
to be used. The exterior walls will be
of brick. This is the first large build
ing to be started near the east, ap
proach to the Broadway bridge.
Work Is progressing ratidly on the
four-story brick apartment at the
southwest corner of East Twelfth and
East Morrison streets, which Is being
built by J. D. Wassell. This structure
covers a quarter block, and the cost
will be $90,000.. Modem In all lines. It
Is the most pretentious apartment
house built in that part of the city. The
interior is now being finished.
CHEESE FACTORY PAYS
CLATSOP PLANT GIVES HIGH
PRICES TO FARMERS.
Icemaking Machinery to Be Installed
and VacUitles for Producing
Butter May Be Added.
SEASIDE, Or., July C. (Special.)
During the month of June the Clatsop
County Co-Operative Cheese Associa
tion paid 7 cents a pound more than
the market price for all butterfat
brought to the factory. Five cents
above the market was paid during the
month of May, and even the first month
that the factory was opened the
month of April 2 cents above the mar
ket was paid.
The average amount of milk received
now is nearly 6000 pounds each day,
but every effort is being made to in
crease the supply.
C. R. Brague, manager and cheese
maker, says the production of cheese
will be light during the Summer, as
the greater portion of the milk re
ceived will be bottled and sold to Sum
mer visitors. In the Fall, when the
demand for milk becomes lighter,
cheesemaking will be resumed at the
full capacity, or at least to the amount
of milk received.
The association has the first pas
teurizing equipment to be installed on
the Pacific Coast. It is known as a
positive pasteurizer and cooler. All
milk received at the factory is brought
to a heat of 142 degrees Fahrenheit, at
which temperature it is kept for 30
minutes. This kills all tubercular
germs. The milk is then cooled to 50
degrees and bottled for use or turned
into vats for further processing In
the cheese department. An ice manu
facturing plant will be installed hofore
next season. Ice cream is being man
ufactured and sold at wholesale.
Four and one-quarter tons of cheese
were manufactured during the rirst
month the factory was operated. This
amount was increased during the sec
ond month to 12, GOO pounds, and dur
ing the month of June the output was
about the same. Butter-making equip
ment probably will be installed next
season.
KELSO LAND TO BE DIKED
Project leathered by Commercial
Club Will Reclaim Large Area.
CENT RAH A, Wash., July 5. (Spe
cial. ) A start toward diking several
hundred acres of bottom land immedi
ately adjoining Kelso was made at a
meeting of the Kelso Commercial Club,
at which about 40 interested ranchers
were present. . All expressed the hope
that the bottom lands might be re
claimed, and at the close of the meeting
the club went on record as approving
the project by appointing a committee
of C. F. Jabusch, George Kerr, J. M.
Ayres, H. E. McKenney and James Wal
lace to give all of the assistance pos
sible. The proposed district will include all
of the lands on the bottoms east of the
Cowlitz and north of the mouth of the
Coweeman.
"Grouch" Meeting Scheduled.
Preparations are being made by the
members of the Portland Builders' Ex
change for the "grouch" meeting to be
held at the exchange Thursday night
at 8 o'clock. At, this meeting every
member will be given a chance to enter
a "kick" on anything he dislikes, the
Idea being to seifure a perfect under
standing between the members and the
exchange Itself. Refreshments will be
served and speeches made. '
u i
X EUGENE COUNTRY CLUB OPENS NEW HOME.
I ; , , ,
I " ' ' ' ' "P ' '
4
CLUBHOUSE? IS ATTRACTIVE 1ST DESIGN.
KLTGHNE. Dr., July 5. (Special.) The attractive new home of the Eugene Country Club was dedicated
Wednesday with appropriate exercises. The building occupies a. sightly part of the club's property ad
joining the golf links south of the city. The clubhouse is a. simple bungalow, set back some little dis
tance from the street carline and set among fruit trees. Except for the small kitchen, the main floor
is thrown into a single great lounging -room with wide fireplace. The floor is designed for dancing.
In the basement there are two dressing rooms one for men and one for women each provided with
shower baths and lockers.
ELECTRIC LINE AIDS
Mount Hood Railway Finally Is
Electrified.
FERTILE DISTRICT TAPPED
Large Holdings Are Subdivided and
Small Farmers Are Attracted.
Grehani and Pleasant Home
Make Big Progress.
t
From' Portland to the Sandy River
lies the Powell Valley, which Just now
is being served with new electric car
service on the. Mount Hood Railway.
The electric railway traverses one of
the richest sections of the state. Start
ing at Montavilla the new electric rail
way touches practically all the centers
between Portland and ihe Sandy River.
It crosses the Base ' Line road and
passes the junction at Ruby station,
where passengers may take the Trout
dale cars. It passes a short distance
south of the town of Kockwood and
then, reaches Gresham, Gillls, Pleasant
Home. Scenic. Onftroii. . Uuhn,.
other centers around which settlements
imve sprung up since tne line was built.
These stations are the shipping
points for that district. Before the
construction of the railway the country
roads were the avenues of traffic be
tween the city and county, but there
has been a marked change as these
DTOSnerous rnmrntmitlou Hbva t,A.,nn.A
developed. Many thousands of acres of
unaeveiopea land nave been subdivided
and sold in small tracts.
The track was laid a quarter of. a
mile away from the old village of
Pleasant Home, but the ' town has
PERFECT WALNUT AIM:
OF HORTICULTURIST
Eleven Varieties Are Grafted on English Walnut to Determine Which Is
Best Variety for Clark County, Washington.
X W ' ' ft i ' & 5 . I
KKGLISH W.41.MT TREK
VANCOUVER. Wash., July 5.
(Special.) An English walnut
tree, on which have been grafted
11 other varieties, so that the best one
for Clark County can be determined, is
thriving in the front yard of A. A.
Quarnbergr. District Horticulture In
spector, who has given walnut culture
a great deal of his time during the past
25 years in this county. His walnuts
won first prizes at the Alaska-Yukon-
Pacific Exposition in Seattle in 1909
and have g-ained many other awards.
A tree originally from southern Cal
ifornia was planted by Mr. Quarnberfe
20 years ago, and it 1s now a foot in
diameter at the base. On it he has
grafted scions from the Concord, Wil
son Wonder, of California; cluster seed,
lings from Clark County: Neff. Spanish
Mission. Mayette. Frankette and Wiltz.
of California; Parisian and seedlings
grown and surrounds the station. A
number of buildings have been erected
at the new town. A live Commercial
Club has been started, which is a factor
in the life of the community.
The railway penetrates the best part
of Powell Valley. It opens up to rapid
and substantial development the large
territory between Montavilla and the
Sandy River. There Is much land un
improved which is available to the man
who wants to live in the country and
own a few acres of fertile land. The
centers which are being built up - at
units, Scenic, Pleasant Home and Cot
trell will afford the man who lives
near the railway shipping facilities for
everything that he can raise either in
his garden or field. A number of men,
including B. C. Altman and others, have
demonstrated that high-class stock may
be raised in the Powell Valley. Some
of the finest and most attractive homes
anywhere near Portland may be seen
along the route of the electric railway
Gresham is the largest and most
prosperous town on the line. It is
the central point of Powell Valley and
is very progressive. At tne recent
school election it was voted to select
a site and erect a modern high school
building. All country roads pass
through Gresham. Completion of the
electric line from Montavilla provides
Gresham with two electric railways
one along the south side and one on
the north side. Land anywhere near
Gresham is considered very valuable
and those who acquired tracts several
years ago are fortunte. as land values
have increased materially the past iew
years.
La Grande Has Building Activity.
LA GRANDE. Or., July 5. (Special.)
Keeping pace with the precedent In
building permits, established ' this year.
June has outstripped last June witn an
increase of $lt.645, the permits for
June, 1913, reaching $36,450. The totalis
for the months this year are: January,
$5025: February, S3450: March. $14,600;
April. $51,725: May, $51,234. The largest
number of permits is ror new dwell
ings, of which a desirable class Is. being
erected the average cost being about
$1400.
A borne hitching strap Invented by an
Illinois man can De tiniastenea by a puu
on the reins from witnin a vehicle, avoid
ing the danger ofr a nervous horso bolting.
WITH IX VARIETIES OF GRAFTS.
from this county. Later he added a
Melam.
He will watch the action of the vari
ous grafts every year and keep a record
of when they bloom, when the nuts are
ripe, and of the quality. It is his hope
that he will discover-an English walnut
that is blight-proof, blossoms late, so
as to avoid all late frosts, and at the
same time one that will be large In
size and fine in flavor. Though some
trees blossom later than others, all
ripen about the same time.
Each large limb shown in the picture
Is rilled with grafts beginning at the
tree, all on the same limb being of the
same variety. There are from six to 10
grafts of each variety, and each one is
marked, so that no mistake can be
made.
It will mean an endless amount of
work to observe the results, but several
years time will be saved by this
pitnod.
NATIVE STONE FINE
Use of Product in New Post
office Is Urged.
CAMPAIGN IS LAUNCHED
Business Bodies Join Stonecutters'
Union In Efforts to Secure Recog
nition or Oregon Building Ma
terial by Government.
Inaugurated by the Stonecutters'
Union, and supported by various busi
ness organizations of Portland, the
campaign to induce the Government to
use Oregon native stone in tho con
struction of the new $1,000,000 Post
office building is gaining wide propor
. a. tancu meeting field Thurs
day nignt at 20.1 "A First street rescnl,..
tions were unanimously adopted urging
",0 uuvernmeni to permit specifica
tions to include Oregon stone, appeal
ing to the people of the state 'to join
in the movement in encouraging the
uoo ui native products in building con
struction, and CalltnK UDOn the (Irpnn
delegation to Congress to renew their
eitorts to secure Kederal recognition of
Oregon products in Government build
ing enterprises.
Stirring addresses were made by H.
N. Liwrie. chairman of the Oregon Bu
reau, of Mines; E. Hofer, of the Manu
facturers' Association; II. G. Parsons,
of the Central Labor Council; 1 j!
Biron, secretary of the Stonecutters
Union, and others.
Boosting? Committee Named.
A committee was appointed to direct
a statewide campaign for bringing Ore
gon products and building materials
to the attention r the Federal au
thorities. The committee consists of
J. W. Crossley, of the Portland Realty
Board; A. II. Harris, of the Labor Press:
S. C. Rasmusseii. of the Progressive
Business Men's Club; L. J. Biron, H. G.
Parsons and K. Hofer.
"We cannot hope to have the Gov-,
eminent or state accept the native
product unless the product conforms
with - the prescribed specifications,"
said H. N. Lawrie, in discussing the
subject. "I attribute the tardiness ot
the stone development in Oregon, first,
to the limited railroad extension, and
secondly, to the lack of support of
public contract which is essential to
success in any quarrying enterprise.
There seems to have been a. lack of
civic pride expressed in the erection of
public buildings.
"I do not believe that the rates es
tablished by the railroads have retard
ed the growth of the stone industry
to any serious extent. Some years ago
no doubt the railroads were anxious to
win long-distance-haul freight from
the Central, Western and Eastern
states, but of recent years the tran
continental lines coming into Oregon
have been overcrowded. Furthermore,
the extension of electric lines has been
somewnat rapid in the past few years
and it would seem that the railroads
were quite in favor of building up local
freight traffic for these extensions.
Railroads Will Aid.
"To this end. and for the reason that
the railroads recognize the Importance
of building up local industry, we are
pleased to note that the Southern Pa
cific Company was granted by the Rail
road Commission their request for the
reduction of' their former rate from
Gold Hill to Portland to a ton on
cement produced at Gold Hill, and from
Green to Portland a reduction to J1.75
a ton. Should we encounter any diffi
culties due to rates that now exist, in
keeping the local product from comDe-
tition with the product produced in the
Central West. I am convinced that the
railroads would be allowed further con
cessions by the Railroad Commission
in the reduction of their rates to meet
the requirements of the business. With
these assurances it is now largely in
the hands of the present -owners of
quarries to use their initiative in pre
senting specimens of their stones for a
test,, and it is to be hoped that there
will not be a quarry owner In the state
but will avail himself of this oppor
tunity. Testa Are Xeeeanary.
"There have been Government tests
made on several of our quarries, but
I would suggest that inasmuch as they
have been inactive for some little time
it would be well for the quarry owners
to enter into the competition as though
these tests had not been made."
Mr. Lawrle said that if systematic
tests were made of the building stone
to be found In the various quarries, the
results would be generally favorable,
and that a big step would be made in
he development of the quarry industry
of Oregon.
Kine Home Is Completed.
Thomas Word, son of Sheriff Tom
Word, has had a modern and attract
ive home built in Alameda Park. The
house is of the bungalow type, with
finish and fixtures of striking beautv
The dwelling was constructed by the
Investors' Building & Trust Company.
Mr. and Mrs. Word, who have been
on a honeymoon tdip. will occupy their
new uuuie mis weetL.
LOW EBB BEACHED
Gradual Improvement in Busi
ness Is" Now Due.
POLITICAL UNREST FACTOR
With Tariff and Currency Reform
Questions Out of Way, Renewal of
Investment Activity and Strong
Bond Market Seen.
Reviewing the trade situation and
the money and bond markets of the
past six months, Spencer Trask & Com
pany, of New York, in their advance
sheet received yesterday by Wilfred
Shore & Company, say:
The half year now having been com
pleted, a spirit of retrospection is time
ly. We have accordingly made a critical
examination of the market position of
10 high-grade bonds of railroad com
panies operating in widely separated
parts of our country, and have found
that they have fallen in price to a
point where they are now lower than
at any time during the past 15 years,
with the exception of a short period
in 1907. and then only to the extent of
a small fraction. This is all the more
noteworthy since the period in question
represented the height of the panic of
that year, when the market values
bore absolutely no relation whatever
to intrinsic merit, whereas now, with
all our troubles, we are far removed
from any such condition of stress.
"The question consequently presents
itself whether bonds whose margin
of safety is beyond dispute have
touched their low point, or if the de
cline which they have experienced so
far, and which has been almost unin
terrupted for the past four years, is
to go still further before the climax is
reached. This question 'goes to the
heart and root of our present economic
situation, and for that reason the an
swer, to be correct, must be based on
a true appreciation of the forces and
influences which bear upon the sub
ject. These forces are the condition
of the'iivestment market, the financial
situation, and the business outlook.
"As regards the investment market,
it is no secret that both here and in
Europe investment has been at low ebb
for some time. This has not been due
so much to a lack of investment funds,
as to a lack of confidence produced on
both sides of the ocean by a great
strain on capital and by political un
rest. "In both hemispheres the man with
Idle money has been suffering from
pure satiety resulting from a long revel
of new offerings indeed, from such a
bewilderment of fresh offerings, that
at last governments in Europe and
financial powers here have had to
call a halt in all but the most neces
sitous cases. By restricting new is
sues, old ones have a chance of becom
ing assimilated, and this process, if
given sufficient time to become ef
fective, must Inevitably produce a
healthier condition.
"As regards the political phase of the
subject, the foreign investor, for all
his hoarded gold, is not likely to part
with his money until peace between
the Allies has been definitely and ti
nally concluded, and even after that long
awaited event occurs it may take time
for courage to revive and show itself
in a. practical way. Here, one of the
special causes of political unrest will
soon bo out of the way the tariff
while another, the currency reform bill
is making considerable progress.
"Coming to the financial situation,
the indices are that the tendency Is at
last showing improvement, particularly
in this country. For several years our
Industries had been working at such a
rate that early, in 1912 the relation of
the supply of money and credit to the
demand therefor began to show a de
crease. This decrease, in the proportion
of supply to demand, reached a point
a few months ago where something
had to happen. This time the banks
were forehanded, and particularly the
New York banks, by curtailing their
loans and increasing their liquid re
sources, have succeeded in materially
Improving and strengthening their po
sition. That is a matter of special mo
ment this year, as the outlook is that
Europe, will have its hands full financ
ing its own needs at a time when our
crops are calling heavily for cash.
"Another factor of importance is the
volume of bank clearings. It is recog
nized by authorities that about 90 per
cent of all transfers of money in the
United States are made by bank checks;
consequently as an index of industrial,
commercial and financial activity, bank
clearings are an excellent guide, al
though in studying their volume, spec
ulation in securities must not be lost
sight of. An examination we Irave just
completed of the records of bank clear
Ings throughout the United States for
the first six months of the year, indi
cates, that they are keeping up pretty
well in amount, but are showing a de
cided tendency to fall o(T when con
sidered in the light of the normal
growth of the country and that is the
only fair form of comparison to our
mind.
"This question of bank clearings
brings us directly to our third factor:
the business situation. The remarks
we have just made concerning bank
clearings might with equal propriety
have been made under the heading of
business outlook, for the reason, as we
have Just explained, that clearings rep
resent the broad trend of business.
Contluulng our examinations, we find
that building operations are falling off.
that commodity prices are showing a
steady decline, that copper is weaken
ing in price, that failures are some
what above normal, and that a distinct
hesitation has set-in in the production
of pig Iron, which is considered one of
the basic barometers of trade.
"While these changes might be con
sidered bear arguments, they are, as a
matter of fact, all tendfhg to right
unci correct what is generally con
ceded to bo a tense credit situation,
and therefore, rather than regret, we
should welcome the liquidation from
the view point of a broad constructive
policy.
"The deduction we make from the
factors we have just discussed is, that
the bond market has reached a stage
where, barring untoward events, and
considering the very satisfactory yield
that can be obtained, the grade of
bonds whose margin of safety is ample
may be bought with every confidence
of proving profitable when present
conditions have changed for the better.
On the other hand, bonds of a more or
less speculative type we should leave
alone for the moment, unless it were
a question of some issue which had
been unduly depressed for some other
reason than that of intrinsic valjie."
$25,000 PRIZE OFFERED
English Government Announces
Army Aircraft Contest.
LONDOrv. July .". Twenty-five thou
sand dollars is the first prize men
tioned in an official communique issued
for the naval and military aeroplane
engine competition next year. The
prize will be awarded to the maker of
the engine which, in the opinion- of the
fudges, beat fulfills five requirements
w-hich must be fulfilled, and possesses
13 desirable attributes stated, and.
which is entirely suited for adoption
for the aeroplane service. Orders up to
the value of ttfo.000 will be given to
the makers of engines which fulfill re
quirements and are satisfactory for
use. The orders will not necessarily
be confined to the prizewinner.
Entrants of competing engines, up to
the number of ten. which do not win
the prize, but which, in the opinion of
the judges' committee, are useful aero
plane engines, will receive $500 in re
spect of each engine. The competition
will begin on February 1. 1914, and
will be held at the Koyal Aircraft Fac
tory, Farnborough, Hampshire. Eentrles
will be received by the Secretary of tho
War Office on or before August 1. 1913.
Engines of British manufacture
throughout, suitable for titting to aero
planes, are specified, with a horsepower
of 90 to 200. with more than four cylin
ders, and weighing not more than 111
pounds per horsepower. Among the
desirable attributes specified are light
weight, economy of consumption, ab
sence of vibration, smooth running,
slow running, silence, adaptability for
starting, freedom frm risk of tire, ab
sence of smoke or ejections of oil or
petrol, relative invulnerability to small
arm projectiles, excellence H work
manship and reasonableness ef price.
The tests will include two runs of six
hours each at full power or throttled
down, and short special runs in inclined
positions not exceeding t.' degrees. Tho
engines are to be delivered at the fac
tory by January lri. next.
LINE READY JULY 15
EXTENSION" OF SOUTH MOIXT
TABOR TRACK PUSHED.
Large Territory to Benefit From
Direct Car Service Property
Owners Contribute Funds.
It is expected that the South Mount
Tabor extension of the Hawthorne
avenue carline to East Seventy-fourtU
street will be completed and in opera
tion by July 15. Only three blocks of
the route remain to be ballasted and
the work of completing the track is
being pushed forward. It starts at th
corner of East Sixtieth street and fol
lows Division street to East Fifty-second,
then south to Twenty-ninth ave
nue and turns eastward to East Seventy-fourth
street, the present termi
nus. J. E.' Rand, secretary of the South
Mount Tabor Improvement Associa
tion, said yesterday that Hawthorne
avenue cars will be operated on tho
extension without transfers. Property
owners and residents contributed $15.
000 toward the cost of building the ex
tension. Many of the owners of acre
age tracts contributed at the rate of
$100 on an average an acre, and some
paid even more. The extension is about
one mile long. Targe benefits are ex
pected on completion of the line as it
enters a territory remote from any
other carline. It is about midway be
tween Section and Powell Valley roads.
While it ends at present at East Seventy-fourth
street it. is believed this
is the route on which the Mount Hood
Railway must enter Portland. The
Mount Hood cars at present connect
with the Montavilla. cars, where h.
transfer is made, and as the gauge of
the Mount i Hood track is wider thun
that of the Montavilla that line can
not enter Portland over the Montavilla.
track. The gauges of the Mount Hood
Railway aid the Hawthorne-avenue
line are the same and the. cars of t!m
former may run directly into Portland
over the Hawthorne track. Severn!
miles of track will have to be laid to
connect with the Mount. Hood Railway-
PRUNE GROWING DISCUSSED
Producers From Threo Stales Hear
Suggestions at Salem.
SALEM. Or., July 5. (Special.') With
the object of Improving, the quality of
the fruit and agreeiug upon a stan
dard for curing it, between 500 and 400
growers of prunes are having a con
vention in this city. Oregon, Washing
ton and Idaho are represented.
R. J. Miles, of this city, was elected
chairman, and after an address of wel
come by Mayor Steeves. Luther J. Cha -pin.
Government Agricultural Expert,
spoke on "Soil Nourishment for the
Orchard." H. S. Jackson, pathologist
of the Oregon Agricultural College,
spoke on "Brown Rot and Other Prune
Diseases," urging a free and 'extensive
use of spray on all prune orchards.
"Can Prunes Be Standardized?" was tho
subject of an address by 1. C. Lewis,
of the Oregon Agricultural College. O.
C. Bell told of modern methods of dry
ing prunes, and J. C. Brumfiold. a
Portland packer, discussed "Market
Problems."
NEW PATHOLOGIST NAMED
J. R. Winston Will io to Hootl River
Experimental Stution.
HOOD RIVER. Or., July 5. (Spe
cial.) J. R. Winston, a graduate of
the State College of North Carolina
and tho Virginia Polytechnic Institu
tion and who has received his master
of science degreo from the Pennsyl
vania State College, where he had a
fellowship in botany. has iieen ap
pointed plant pathologist of the Hood
River" County Experiment Station, and
will arrive here about the middle or
July in company with Professor H. a.
Jackson, of the pathological depart
ment of the Oregon Agricultural Col
lege. -
The duties of the new plant patholo
gist will consist of an investigation
of local fungus, bacteriological and
diseases and physiological troubles.
An especial study will bo made of
Winter injury, fruit pit, core rot. ap
ple scab and mushroom rot.
BEEKEEPING GETS BOOST
Prizes Offered for Best Products of
Oregon Moneymakers.
OREGON AGRICULTURAL COL
LEGE, Corval'.is. July 5. (Special.)
That beekeeping is soon to receive
state-wide the attention which the im
portance of the industry deserves is in
dicated by the prizes offered by the
State Fair Board in the bee and honey
department, says H. F. Wilson, profes
sor of entomology at Oregon Agricul
tural College.
Professor Wilson, who is secretary of
the Oregon State Beekeepers' Asoscia
tion, is making an effort to interest
bee men of the state in the educational '
value of the fair exhibits.
Prizes are offered this year in 12 lots
for honey beeswax, honey vinegar and
displays. The award of premiums will
be restricted to exhibits from within
the State of Oregon.
Woman Educator to Speak in East.
OLYMPTA, Wash., July a. 'Special.)
State Superintendent of Education
Josephine Preston has gone East. Sh5
will deliver addresnes at the convention
of the National Educators' Association
at Salt Lake. City; the Grove Citv Sum
mer school at Grove City, Pa , and Chau
tauqua Lake. New York. She will con
fer with the Russell Sage Foundation
and tho Carnegie Institute relative t
a survey of the educational held of
Was Kington,