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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Jan. 8, 1907)
THE OREGON DAILY JOURNAL". PORTLAND. TUESDAY EVENING, JANUARY 8, 1SC7. 13 SULLIVAN Mil FACES KUPTCY 1 Reports From Tonopah Say That Portland Larry Will Not Recover From Hi Reverses. CANNOT GET CREDIT ON HIS MINING STOCK Oregon Ua - Haflod Him Million- alre. Boosted Bis Investments wid Thereby Caused loss of Many Thousands of Dollars. 'V "to Sailor, sailor ' boardlng-houss man asar. nolltlclan.' postmaster at ; Blus ' Mountain, mineowner' and operator and noaalblv a bankrupt auch ar tn ante cedents and the poaaibla culmination of : the career of Lawrence M. Sullivan, formerly of Portland and now of Tono- "pan and JoWf ield, Nevada. " Report from Tonopah today are the affect that Sullivan will not '. cover from the financial reverse he haa met- with In the last few weeks. He . has to meet an overdraft of 1110.000, nnd It Is said ha cannot raise anything Ilk that figure upon such securltlea as ' he Is able to offer. The only security SuHl van" las" "to" offer,-U Is understood - la Portland, is stock In his mining com ' pan lea, and that will not be accepted by bank, even In Tonopah "or Ooldfteld. Im- lir M.-fiulllvan- Trust-oompany-a Goldfleld haa been attached for 144.000. and the eherlfr men are In chares of j the office. . ' ; . ;: ' .... Boo-t4 Bjr Orefoalaa. "r". '," Only a short tiro sgo Sullivan cams up from Toaopab and. was heralded by the Oregontan as . a millionaire from Nevada. He gave lit and S20 bills - right and left to old and broken friends eo said the uregonian ana nis mines war' th"richest l-tn world. Many poor people, believing the wildcat stories - that appeared la th local columns of the Oregonlan, Invested in stock in Bui- II van' companies. They are th ones that Buffer. . , ' -. , - -- - - j ,When Sullivan was la Portland he remarked " that - his company had sold $80,000 worth of stock In th city. A - prominent broker say that th handler of th stock advised their patrons ant to buy th 8olllvan Issues. On broker ' remarked that he bought these Issue only under protest, and later he sold every share of Sullivan stock purchased and that none of his purchase now re main In the city. , , . - " Xaay Lnoklasa Fartlaader. Many others bought stock' outalde of the brokers, and they ,stlll bold the stock. Others .got r'd of It. On of thee lucky people was Marry Utt, man ager of H. B. Liu's cloak and suit house, Mr. Litt said this morning that he had sold practically all his stock through his brother, Benjamin Litt. who Is now in Tonopah. "I believe Nevada la the richest eoun- v Allen Doom, CleTer lrlab" Comedian and Singer, Who Appears at the Helllg Theatre Tonight and Tomorrow Might m. "Kerry uow. . 'ORTLAND'S BEST CORNER LOTS . RING NO MORE THAN BUTTE'S "Whan th most valuable piec of Aualness . property, in Butte, ' Montana. sells for the same price that th finest corner In , Portland brings, the 1 Is something wrong with the value of realty in one of th two cities,? ssys M- J. Clohessy.. the well-known .real stat dealer. "V was at one tlm a resident of Butt and know th city quit as well ss J know Portland. The Liszt block the, best-located comer In the Montana city with a. frontage of 40 feet, recently sold for $120,000, or $1,000 th front foot, while th Olds, Wortman A King corneJV-wlth s front. g of 100 feet and generally considered the best business sit in. roruana, soia less than one month ago for $3,100 a front foot Now I contend, that by all the known rules" for determining the value of property.'- Portland realty of all characters I worth at least twice aa much as that of Butt. - - "Th population of Portland IS' mors than twice that of th Montana town, th bank clearances are nearly three time as much, while th postal receipt of Butt are far below thos of Port land. Portland baa every requisite for the making of a great city. Butt has nothing but her rich copper mines and when ,thes are exhausted the city will go th way of all mining towns. let. In spite of these conditions, w se the choice business si tea uf these rlttfi sell- n i-ha lng for shout th sam price. "Th only copcluslon that I can ar rive at 1 that Portland business sites are selling for much less than their real earning value." to place aa equal number of shares in escrow. Th Sullivan company Is - to - make good th $100,000 overdraft drawn by um ntum wun i . , , M . - ... i -. -in . try in th. world, but wa. not sai-I .irrj. with th Investment." said Mr. Litt this morning. "I have stock In other com panies and I Intend to hold It X have sold out all I had of Mr. Sullivan's stock." '.. - Others bought after - Mr. Litt had sold. -It Is said that 000 telegraphic or ders for stock were sent to th Sullivan Trust company from Portland by the Western Union In a single day. . Did land Onto Business. That Sullivan did a land office busi ness I shown by his advertising bills. Even so recently as December 10 he bought It pages of the Salt Lake Herald for advertising purpose. The - space was occupied by reading matter, pho- tograpbs and maps. .- The maps showed all the Sullivan properties, th Lou Dil lon, th Stray Dog,, th Jumping Jack and th Kagles' Nest, all apparently eon ' tlguoua to rich propertlea Th stock " In th rich companies was held at high price, while th Sullivan stock was sold for a song. Believing that lu Joining properties were Just a rich as th original discoveries, people bought Sullivan's stock, only to learn that so far It has not shown th values. When Sullivan's embarrassment was ; discussed this morning a mining man said it reminded him .of on of the first discoveries of gold in Montana. A . miner had fonnd gold, and around his claim about a dosen others were staked. His property waa rich, but th other proved to b worthless. People bought stock In th worthless mine, -only to learn too lat that they had been dab bling In a dirt speculation. , Decide to 4raai Sateasioa. " At a meeting In th office of Kltnk. Bean Co brokers, of San Francisco, held yesterday, - the broker of Baa Francisco decided to grant an extenKlon ' of ttm to th , Sullivan propertlea. '. An. agreement was catered Into between Pet ' Grant and Graham Rtc representing th Sullivan Interests and the San Fran cisco brokers by which th latter acre to placa all th stock held by them In escrow. Th Sullivan company agrees In 10, and th third In 120 days. , It is expected by the broker that they can protect themselves in mis manner. Whils this arrangement satisfies the local broker it leave th outside men In the cold. The Sullivan stock will In all probability be taken off th market list for a tlm. j ... . Mr. Ralph Baker Returns to . Portland. - THE T' Doan's Kidney Pills Have ' Done Great Service for People Who Work in Portland. Host Portland people work every day In some strained, unnatural position bending constantly over a desk riding on Jolting wagon or cars doing labor Ions housework; lifting, reselling or pulling, or trying the bark In a hundred and one other ways. AH these strains tend to wear, weaken and - Injur the kidneys i until they fall behind In thefr work of filtering the potenns from the blond. Doan's Klilney puis cure lck kidneys, put new strength In bad backs. ortland cures prove It. A. I Maney, repairer en th Port land t'alile Railway, end living at 664 Kim stret, PortUod. Oregon, says: ' Ixmn's Kidney Pills completely rid m of an attack of Intcksch which waa tironaht on through the Jarring and Jolting of riding on the cable cars. At l"Mt, thj't was the only way I could account for it. It was very annoying and worried me a great deal. Urine: In iii.d to try- iKmn' Kidney Pills throtirh the rcommndeUnne of the retni-cly. I found quick relief and a final ure. That wa over three years sgo, sml there haa been no return of th troul.l since." Vr ele by sll dealer. Price (0 cents. 1-'ifter-Alllburn Co., HurTulo, Nw fork, ..! -nt for the r rilled nutes. Kortipml"! th tuun DOAN'cWand laav liu viner. " j'' ,ltZx3i .- --it-..;.-, Mr. Ralph M. Baker haa returned to Portland after an - absenc of . three month at MarBh field. He will be glad to welcome hi friend In th children's department of the - Knight Sho com pany. Third and - Washington streets. Mr. Baker has a . reputation that tenda th length of the Paclflo coast as on of th. best and most careful children's shoa fitters trt tut found. - , .' -1 SUBSTITUTE PROPOSED FOR BELDING ORDINANCE As a substitute for the Beldlng or dinance-prohibiting a quarry within 12 blocks , of sny public sofiool, the pro. moters of the Portland Bock company will ask for an ordinance providing for blasting at certain hours of the day. Th street eoramltte of ' th . council will bold a special meeting this after noon to consider the ordinance. . It expected that property ownefs of South Portland will bo present to sustain the ordinance.- - . ' . ., . It I aald that th proposed 13-block limit would prevent every quarry In the city from operating. - Th .- Portland Rock company now , wlshe -to open quarry a quarter of a mile farther up the Woods street gulch, as th property owners made a successful protest against a quarry at Fourth and Grover streets. . -a ' "i . WILL ASK STATE TO . . . PAY HALF.EXPENSES B. C. Barnard, topograph r of th UBlted State geological survey being mad In the northwest. Is of th belief that th state of Oregbn should put up 160.000 through the, medium . of . the legislature to aid the 'government In the topographs mapping of the State, At ths present time th legislator I put ting up 15.000 for the work, but this Is not enough to caray on th work 'as rapidly as It should be. It I th be lief, therefore, that if th stat would appropriate IS0.000 to be expended every two years on condition that th govern ment put up an equal amount it would result In great benefit to the. State. It Is now rtanned by the peotilo of the lr rlgafed districts to sk for the Increased appropriation when th legislature meets. SPECIAL GAS COMMITTEE MAKESPARTIAL REPORT Full Report Will Probably Say That Service Given by Com- . any Has Improved. HERE'S A f.KE 10 DO J00R BOOXKEEPIiiS '.i I 4 ' . ' : Beats Anything in Mechanical Intelligence Line That Ever . 'i Was Made. ' ' V.. A macljliie that will keep a Journal, daybook and ledsr and with the as sistance of any being with ths ordlnsry quota of human Intelligence, do the work of 80 bookkeepers with absolute perfection, can add three columns of flgurea and strike s balance Instantly, keep on adding and strike a new bal ance. In fact, do anything but think. has been Invented by a Portland man, M. E. Gibson, president- of the Gibson Manufacturing company, 210. Bast seventh atreet. This machine is, considered a areat improvement over any other accounting macnina invented. it is much more simple and will do a great deal more work. Th simplest machine now In use contains 1,800 piece and most of the other contain 2.000. .. The Gibson ma chine contain 419. No othecmachlne will add more than one, column of figures, nor will It add that column without first reverting to sero. Th Gibson machine adds 'three oolumns at ono from one to. 1.000,000, will allow mor numbers to bo added .to the list and then And the sum total. It will go back to sero if so wished, but not - until -then.' Th figures can be placed in any. oolumn whatever at the will of the operator. - A complete . bookkeeping yatemcan be eenduoteq wltn the machine and It will, give an Itemised account of articles purchased and the total and credits In three seconds, and will also ariv a bal ance to th proprietor every night. If he lOchooses, In the same Urns."- Th patent for the machine was sc oured by Mr. Gibson In September and he Is now restocking hi plant on East Seventh street with die ao that the machine can - be manufactured lmmedl ately. All his dies war destroyed in th San Francisco disaster and had to be remade. Th Inventor had not been In San Francisco long at th tlm of th cataatrop SCHUMANN-HEINIC TO REPEAT PERFORMANCE Schumann-Helnk will sing hers again. That Is th announcement that glad dened hearts last night when th world's greatest prima donna told It In her own charming way.. The return recital will be held in th Armory on Saturday night, and will bo at popular prices. - Kll th vsst out-of-town contingent, which Imply could not bs accommodated last night owing to the tremendous rush for seats for th first recital, will now have tho g i ear and aa there will be a complete chang of program th Saturday recital will be a magnificent one. . The seat sale for It will open tomorrow at noon, at the Sherman-Clay stor on Sixth and Morrison streets, and will continue, there until the night of the recital. 7hat Do They CureT The abnvs ntiostlon Is often asked con cerulng L)r. Plercu'a Jtwo.lcadlng medi etnes, "Golrtwn Medical dJiacovery and vortte inscription." The answer 1 that "Goldpn Medical Discovery U most potent alterative or blood-purlfler, and toulo or Invlgorator and acta especially favorably in a curt tive way upon all the mucous lining sur faces, ss of ths nasal passages, throat bron'.hlal tubes, stomach, bowels an bladdi'Brcui ing a large per cent, of catai rhal eaVi tyheihertue discus all ecu tli natal oaSui'i-s. the ifrbiat. larynx, bron cola, stomacaNtss catafMI dyspepsia ) bowalt (as aukouweiicjaA bladder uterus or other pCmc orgX.TA Even I thnchron'ff ir r'-""'ilvfi flrr" r,r thf t inft-n ucceul In tffi'C' thn-chron'c for n,t iv.tm cUmc tJTt t.rn wah, rr 1 Ij.' Tffiar la 4 power lu I yvl g Trrr.rj'TTiTOts at lna Linlo and nervine. Vor weak worn put, oven-worked women no matter wha-. bas caused tne nreau-aown, -ravonj Prescription "will ba found moet eUectlvi In buildiug op the strength, regulatin; ths womanly functions, subduing pall and bringing about a healthy, vfgoroui condition of the whole system, A book of particulars wraps each bott! giving the forma) 3 of both medicines stir quoting wani scores of eminent med-l,-.l authors, whims works ar consulted by physicians of all the schools of practice as guides In prescribing, say oi escn in gredlent entering Into thesa medicine The words of praise bestowed ,on th several luirredlnnts entering Into Doc to i Pierce's meiielne-wby such writers sbouli have more Weight than any amount o Don professional testimonials, becaust such men are writing for the guidance o their medical brethren and know wherec they speak. Both TnedtclnegTire nofraTcohoTTo, nor secret, and contain no harmful nabl' forming drugs, being composed of glyceri extracts of Jno roots of nstlve, America medicinal forest Dlants They are bot' sold by dealers Ja medlclneYoiLCi!4 afford to accept as a substitute for on c these medicines of known composition any secret nostrum, - Dr. Pleroe's Pellets, small, sngar-ooated easy to take as candy, regulate and Ik lgorate stomach, liver and bowels. Ths Armory Itself, will be trans formed for the occasion and the Im- aeas -company hall wWb tamed Into a lobby so that there win; be no standing in th street awaiting turn to enter. Aa there haa been no event In th an nals of Poruand to which people turned out In auch numbers, and ad many were nnable to get seats, there will be another vast crowd to hearAthe great artist on Saturday. TWO MEETINGS AT . UNITARIAN CHAPEL Mis Grae Eliot will entertain at th literary meeting of th Unitarian Women's alliance -members and friends wtttr-wn trrformar talk' "upon "Incident on a trip abroad." . Miss Eliot haa re cently returned from Europe, where h ha spent several months, and to hear her relat some of her own experiences will be a treat.. - ; Mrs. Balph Dunlway, 'who Is Just starting a class in conversational Ger- f You Want To Wear Garments hat have every appearance, of costly to-measure-made apparel in style, fin ish and fit, wear the "Benjamin Clothing" . It's the "Standard" for Men who wish to be , - in the "Well Dressed Class." During the : month of January we will allow you a dis count of ' Sole Agents Knox Celebrated Hats- D on all Agents Dr. Deiiicls Linen Mesh "Underwear "Business Suits. Overcoats and Raincoats Hats and rurnishing Goods - ; Are all Beinj Offered at a Discount . Contract CoodB jrcpfcfj -.'."-'. Buffum & Pendletpn ;".T::;"311 Morrison Street, Opp. Postoffice" -, Portland's Gentility Shop . man, , will 'cordially welcome strangers and friends alike. . Both meettnga ar free and both will b held tomorrow afternoon tn th Unitarian chapel, fiev enth andTamhlll streets. Mis Eliot at and Mr. Dunlway at' 4 o'clock. During th last year Vale ha made a greater development than sh ha mad tn IB year of her former life, says the Ortano. Two and perhaps thre transcontinental railroads ar ax- pec ted. . OAKS SKATING RINK - - -c -. - - - A Oood riao So ' Spend a Vlaasaat '' STMtlag. . -"' . The Oak rink I a very lively place to spend a few leisure hours, and th else trio heat and good skates, tn con nection with th large, fin floor, makes life worth Hving when spent at th Oaks rink. . Th courteous Instructors ar at the patrons' service at all times. When in doubt go to the Oaka rink. A partial report of its Investigations was formulated by the special gas com- I mlttee of the council last evening. An- otner meeting win be held next Tues day .evening .And -- It 1 - expected that when the council meets th next day th fuU reportwlll be presented. it .- Th committee haa don nothing for seven month. It waa appointed nearly a year ago and beard a mans of testi mony concerning the quality . of ga aupplied consumers by the Portland Gas company. In th remainder of th report, to be drawn up nex.t week. It I probable that mention will be made of the fact.1 that the service given by the company haa Improved. . Bennett, Mas ters and Menefee last evening declared there waa no- question such had been the case. The committee now consists of Menefee. chairman; Bennett, Masters, Kellaher, Rushlight and Vaughn. An nand wa originally a member, but re signed several months ago. , The portion of the report arreed upon last night was in the form of a resolu tion, a follows: ' "Resolved, That it - is -the sens and opinion of this committee that th gas furnished by th Portland Oaa company 1 of poor quality. "That It U th opinion of this com mittee that th Portland Gas company haa grossly overcharged th public for gas which they hav furnished. 'That It is the opinion of this com mittee that th Portland Gaa omparjye methods of, dealing with ths publlo ar cumbersome and unsatisfactory." Tief erred nook Oenad Ooofta. . Allen 4 Lewis'. Beat Brand. fbari ar snaay Want Aft ta tooays tea1 ttiet wIV tntereot rb FRANK L SMITD MEAT CO. taej-aaa avdzb stbszt, Btwa rim and Isoond Itreets. Smltli Is M FlghlLog; tbe Beel Trust, and Will ConUnne to Fight Ibe Beef Trust v Prima Rib Roast 104 Sirloin Btmk . . Porterhous Steak "T"-Bon Bteak . Rib Steak .. Round Bteak Shoulder Bteak 12H 132H 12H 12 Ha .....t. io Rolled Roaat Beef '...... t ..... . 10f Pot Roast Beef ........8 Chuck Roast Beef Phort Ribs to boll ... ,.& Plate to boll 5 Brisket to boil ...5t Necks to boll Hamburg : ......,.., , ........ lo Corned ,Beef t 6 Liver ................ 5 ;.':.. un, ... L.';. Leg of Lamb ; .I5i Loin Roast 16 Rib Roast ....15 Frontquarter - lo Bhouldera sj Rib Chop ........I ..15 Loin Chop 15 Shoulder Chop ............... Stew ... .., BVaTSBXBat. ' Breakfast Bscon .......1T riaras ., , 17ST Bologna , N Krnkf artert 1 Os sausage. ........ ,...,...,... .10 f TheJANUA Your Credit Is Good Represent the offerings of our various departmentsa profusion of gpe- -cial values in odds and ends, sample g. small stocks, discontinued pat terns, broken -suites, and remaining articles of previous sales, ctc marked at special pricesT which will appeal to the economical Oppor Tlune targairis in Furniture," Rugs," Bedding, Draperies and Crockery. i-: Make Your Own Terms Exceptional arid Special Values in Odd and Sample rurniture Pieces $17.50 Mahogany Arm Chair, in carved de- . sign, richly finished; sale price, .$12.50 $20.00 Library Table in the weathered oak, leather top; sale price.......... $15.00 $23.50 Arni Rocker in the golden oak, richly . finished r sale price........ $16.25 $24.00 Roman Chair., in golden oak-carved design; sale price V.... $15.75 $26.50 Mahogany Arm Chair in richly carved design ; sale price ....... ..... ..$18.75 $27.00 Writing Desk in the fumed oak; sale price ...................... .$14.75 ; $37.50 Bookcase in, the golden oak; sale price . . . ; V .$22.25 $1.25 .Tabourettes in weathered oak; , sale 'price . . . . ........................65 $1.75 Pedestals iii the weathered oak; sale price, each .......................85 $8.00 Mission Rockers in the weathered oak, .' leather seats; sale price.... $4.00 $10.00 Mission Rockers in the weathered oak; sale price......... ....$5.50 $11.00 Weathered Oak Chair, in' Dutch de sign; sale price. .............. ..$0.75 $13.50 Magazine or Music Stand in the . golden oak ; sale price. . ........ .$70 $15.00 Plate Rack in the mahogany finish; sale price ,.$CQ5 )QOo $17.00 Desk or Reception Chair, in golden oak, carved , design; sale price.$11.75 MONiLRCH( This complete line of modern gas heating appliances embraces a number of different styles andjsizes in gas heaters, radiators and gas grates, each having I superior and distinctive features in their construction. The design of these dif ferent styles add materially to their attractiveness, and their wonderful economy of gas is another feature of consideration to intending purchasers, of a gas heater. Our terms on all sizes and styles: $1.00 Down , $1.00 a Week ,1 :-v Sale V aicuuuig IV.-V . : , : - . . . Sixth ttrouiiciutwT itsooo floor 3 0fJIPLTE-H0U3E-FURmsnER51 Sale of rc Drapery and - ; Upholsfy fabrics' 1 T t ,