K
THE OREGON":: DAILY JOURNAU ; PORTLAND. - -MONDAY EVENING, i SEPTEMBER 2, ' 1007.
II
.1
Populaivvants
NEXT A KIN OS LET, MSIST ST.
- FnrtUBd't leading marble and frutti
works.
TOWEL SUPPLY'
DAILY COMB,
ID. II per monm. rvruana
ranndry towl Supply Co, Stn ana
ma SI per month. Portlan
Coach aim. Phone
XRAJiSEB AW HAUUXQ
Henry Roe.y p BllMWNM.
. General transfer and storage; safe,
pianos and furniture moved packed f.n7d
- K"Va10l. Horn A-tUl.
- C, 6. PiCK OFFICE 81 1ST AT, BB
" tween Stark and Oak sts.; phone Sss.
Pianos and furniture moved and I packed
. for shipping: commodious brick ware-
house with aaparata Iron room Front
jViV and Clay la.
f ' XNtN6tfLAfe EXPRESS A BAOOAOB
A lAWMV 4SASNM
BUTTER SELLS
ill THE DROP
Townsend Company Latest
One to Quote 35c for Best
Cheese Duller.
Latest market features:
Heavy peach arrival.
Butter weaker; price is lower.
Cheese market much slower.
Good prices for eggs on atreet
Poultry eupplloa are short.
Heavy oyster demand is shown.
Little business on street.
Transfer. 847 Alder st,
im.
, Oregon Transfer co, m n. tr
- Main St. Heavy hauling and storage.
VNlftEPEKbBlW BAflOAOlS A TRANB-
frrol-Storage. tt Stark. Main 407.
WHOLESALE JOBBERS
ut A. OTINST A CO-
'DISTRIBUTORS OF FINE CIGARS.
J PORTLAND, OREGON.
i'tERDWG A FARRELL. PRODUCB
i and commission merchants. 140 Front
'st, Portland. Or. Phone Main 17.
0REQ6N FURNiTtjRi MANUFAC-
turlng Co. Manufacturers of furni
ture for the trade. Portland. Or.
JWadham a co, Wholesale oro-
i oars, maaufaeturers and commission
'wierchsMs. 4th and Oak sts.
FURNITURE MAMFACTURINO AND
speoial orders. L. Ruvensky's furnl-
tvre factory. 807 Front st.
ILLEN A LEWIS, COMMISSION AND
produce merchants, Front and Davis
StS, innuuw, v".
rtfoLESAL cRoCKBRT AND
rraei.
i glassware. www ww iir
land. Or.
, LErWlS-StfcWAlE BARBERS' SUPPLY
. Co- Barbers Supplies. Barbers Fur-
ultsre. Barbers Chalra. 10th A Morrison,
TRANSPORTATION.
) AV Sanasot. . .
Ala$Ka-l907
EXCURSIONS
turn, axabxa norm.
ImDtat mm Seattla.
ftafsmr, Bltka. Janean and way porta.
, t paiig, p.
'M.'B. H. Oo.s Xnmboldt. .Spt- S, 14, 8S
cnty or BMttit Bar, e, 90
'Go8aO Ottf, Tla Sitka SMpt. U. 87
. cAjr raAarozsoo norm.
I aaillac t a, as. From SeavUe.
Sept. a, 17
Sept T, 89
...Sept. U, 87
City Offloa. t4f WMOdBgtoa St.
"PffSaddSSt .
M. 8U Bpoknaa. .
Cttgr of taenia
Jamestown Exposition
10W RATES
, nsmtaoBM u, u, is.
CWcago wad return, 8TL88.
' St. Louis and return. 8(7.88.
St. "PauL Minneapolis, Duluth, 8upe
i. Tloe, Winnipeg and Port Arthur and re-
turn, 880,
3 TRAINS DAILY 3
For tickets, sleeping car reservations
and additional information, call on or
address a. dickjson, c. p. t. a.
. las ncrss bt, rorxA3n, om.
STsIepbones: Mala 880. Bom A-22S8.
COOS BAY
; Weekly Freight and Passenger
errioe of the Fine Staaaishlp
Brea kwater
&eares rOBTXiAlfS every lConday, SAO
-rp,-av, xrom K-sxreei xoojr, zo
EMPIRE NORTH BEND
t AND MARSHFIDLD
Freight Received Till 4 p. m. on Day
f of Sailing.
. AM From Portland, lst-olass,
$1(U)Q; Bd-claos, $7.00, lnofudlnc berth
: and meals.
- Inquire Ctty Ticket Office, Third and
Washington sts, or Oak-street Dock.
Butter Weaker; Prloe Is Towes.
Although one or two creameries still
pretend to hold "up the price of best city
creamery butter to 87 He a pound, prac
tically little business is being done be
yond S6c and the market is not any too
firm at that figure. The T. S. Town
send company was the latest concern to
quote the lower price and this action
of this big concern in pulling down the
market shows the way the wind is
blowing. While the Haseiwood company
is still quoting 87 H a pound today for
Diuty d a decline to 8&0 later in the
day or tomorrow morning.
The principal factor in making but
ter priMs at this time is the general
absence of northern business. Only a
small amount of outside business is re
ported because this market continues to
be the highest on the Pacific coast; in
fact, it is the highest producing market
in the United States.
Ohloksn Supplies Are Too Small,
The volume of arrivals in the chicken
market is somewhat smaller than the
current demand and especially for fancy
hens the prices are hugging the top
closer than ever. Springs are moving
all right but mostly at the lower range
of values.
Cold storage holders are withdrawing
large supplies of eggs from local plants
owing to the scarcity of ranoh arrivals.
Market in fine shape at top values.
According to advioes reoelved here
from Tillamook there la still held by
manufacturers there 2,000 cases of
cheese of August ' make besides about
1,000 cases which were moved out on
the steamer Elmore yesterday, en route
to this market As Portland la the only
market on the Paolfle coast at this time
that will pay the prenent high rrif of
ValuSJ, Practically air the stocks must
be sold here. This will cause a smaller
demand than would be the case were
the northern cities buyers as well.
According to a report received by a
local handler from a big Seattle con
cern, that market cannot afford to pur
chase Tillamook cheese at thla time be
cause of the enormous values asked.
The northern Arm says that It la able to
lay down eastern ; cheese in the sound
city at less than IS Ho, the price makers
are asking jobbers, so will not be able
to do business with Oregon makers at
15c f. o. b. this city. The Seattle con
cern likewise says that the market
there 'is tilled -with' Wisconsin stock,
while costing less than Oregon cheese,
sells from H to le a pound more.
While prices axe unchanged here to
day the market is showing considerable
dullness.
Holiday Along Front Street.
There was Utile business transacted
in the produce district today on account
of Labor day, a state holiday. How
ever, there were very heavy arrivals
from all sides. Peaches came faster
than ever, two day's shipments being
received along the street on a holiday.
Most of the stock, however, was in good
shape and will bear keeping over for
tomorrow. This will place three days'
arrivals on sale tomorrow.
Three cars of bananas came in this
morning in very good shape.
Presnnd meats will likely oontinne in
good demand during the present week.
RUSH OHTPEilllS
TO EASTERN MARKET
Big Demand on Atlantic
Coast at High Prices
Pay Better than Apples.
UPWARD SUING
IN STOCK MT
Influence of Roosevelt's
Speech at Provincetown
- Felt By Wall Street.
(Special Dispatch to Th Junnul
Wall Street. New York. Sept. 2. A
fairlv BuhMtflnHdl recovery has oc
curred this week on the
100
and with it has come, if noi a complete 1 y' . r " " ji
return of conildence. at least a more 1 pri0T?L -Mr" ' IS
settled feelinir than has Drevalled In the 1 vlou F' 80
linanclal district for some time past- 1 There is a stronger tone in the local
Denina
cmiE I0IIE .
OOlNGjEnER
Demand Is Increoscd and
Low Point Marked Up 10c
Hogs Hold Well.
Portland Union Stockyards, Sept. 2.
Official run:
Hogs. Cattle. Sheep.
1.800
800
EXPORT FLOUR
GOES 1011
rr a
a Block exchange j wt' '
f noi a complete I week ago
CloMelv arruttnized. the causes
mis improvement are merely iims"-'"'.
There is no change in the conditions
hlch have depressed and aiarmeu
owners durlnr the last eight monins
and which at intervals have led them
to sacrifice stocks at heavy 'and even
ruinous losses. But in every instance,
no matter how bad. there is some limit
to the length that the stock market
decline can go.
President's Speech Helps.
The turn for the better dates. It now
appears) reni-4apresldesiys-aieetts"
Provincetown 10 days airo. It was cer
tainly not based on any reassuring
things the president said, for the more
these utterances are pondered over the
more impulsive, rash and ill-considered
the whole policy of the government ap
pears. Wall street's view of the mat
ter, however, was entirely practical. If
this most radical and vindicative of
presidential outgivings failed to Induce
new liquidations, then it was to be as
sumed that stocks had passed Into the
hands of people who thought they were
low enough to warrant the risk of hold
ing on, or, as It would be more com
monly stated, the extreme low figure
reached in the middle of last month,
seemed to have measured the worst ef
fect which the agitation against cor
porations in any form that has yet ap
peared were likely to have upon finan
cial conditions.
Believe Stoeks Are tAttep.
If the uncertainty of the future trade
movements as well as the uncertainty
of the political outlook of the campaign
against corporations, they must be re
garded as reasons for not expecting
much advance, even if they have ex
hausted their power for depressing
& rices. The upward Impulse which has
etm-sirowrrn tnir market this week
may easily be carried further. But out
side conditions have not changed enough
to warrant anticipating much of an ad
vance. ,
All that has positively been made
clear is that at the level which prices
reached a fortnight ago Investment
capital was xndy to take its risk in
the market. With this assurance the
finanoial oommunlty apparently muBt
for the present be content.
cattle market and the situation is very
iioiy to improve rrom this time forth.
w.tL ln comln of rains stockmen
wlll"W be forced to feed and this will
call for smaller arrivals. The big run
of cattle seems to be about over and al
ready .he price is practically 10c higher
from the low mark. Today's run of cat
tle or In fact two day's run totaled but
100 head as compared with ISO head a
week ago, 222 head a year ago and 80
head two years ago this day.
Sheep Are Slow to Oome.
was very liberal, the arrivals at this
time are practically nothing; not a
single head coming Into the yards the
past two days. The market la there
fore showing a slightly firmer tone.
Hog market Is ln quite good shape
today. The fact that eaatern prices are
able to hold their own at the enormous
valuea ruling there has caused better
inquiry for local stock and In some in
stances as high aa 87 Is being paid for
top stuff.
Today 188 head of goats were received'
in we yaras.
A year ago today all markets were
holding their own although hogs were
weaker.
Official yard prices:
Hogs Best eastern Oregon, 88.78 7;
stookers and feeders, 88.16d8.80: China
fats, 28.80 6.78.
Cattle Best eastern Oregon steers,
8S.86O4.00; best cows and heifers. 83.76
0 8.00; bulls. 81.76OS.00.
Sheep Best wethers, 88; nixed, 84;
lambs, 8 4.60 6.00.
Many Sale of Wheat,
(Special DlKpateh te The Journal.)
Hood River, Or, Sept. 2. The
big
Ho! For Astoria
ck am
FastSteamerTelegraph
Dally (except Thursdays). Loaves Alder
treat dock 7 a. m.
Bandars 8 a. m. $1 round trip.
FKOOT WAX 665.
' Colombia River ftccoery
t . XXOTCATOB Lin STSAMEBS.
k Dally eerrtM between Portlead aad Th
' . SaUsa, except San&ar, Utrt&g PortUsa at
' ! f."' "ririD about 6 p. n, earryiau
freight ana pumtamn. Splendid cronimoU.
(tone for oetflts end livestock.
fc too of ldr t.. Portland; feet et
Ceart st9 Xho Call. Phone Mala 814. Portias.
!-''-! -
V i m
't SJtMtTm PACOTO STEAMSHIP CO.S
J,'' . STEAMSHIPS
j Roanoke and Geo. W. Elder
ITAN WITH DIAMOND
: CTJTJIANY WINDOWS
t Bora unknown miscreant armed with
- diamond jrin, played havoc with lno
hw,'.wMpwsVaa''TMrd''' between Oak
and Ash street last night by malicious
ly ccratehlmr the plate glass windows
wlta the -JeweL." The .' proprietors of
. stores aV 78, 71. .70.' Wf.Mlif4?pt?WM
, and 48 TTUrd stMet npon opening their
' establishments this moraine; discovered
.the work of the destructive feilow and
reported ' th matter t Patrolman
tiolts. ; Some of the. windows are so
badly cat that they will have to be re-
juacV
force and equipment of the Davidson
Fruit company Is busy making prepara
tions to receive apple ahlDmenta and ln
getting out consignments of Bartlett
pears, which at present are commanding
the highest prices in eastern markets
ever known ln the history of near arrow
ing. Bartlett pears are netting growers
this year as high as S3 per box. At
tnis ngure they are said bjr frultmen
to be more profitable than even the fa
mous Hood River Spltzenbergs, and all
the available pears of this variety are
being rushed to the Atlantic coast
dtles.
It is the expectation of the Davidson
oompany to ship 60 to 76 cars of fruit
from Hood River this season ln addi
tion to storing a laree auantitv In their
big cold storage warehouse, which is
said to be the best equipped of any on
the line of the O. R. St N. outside of
epokane and Portland. The company
also owns immense orchards that will
soon come into bearing and have this
year built warehouses along the Mount
Hood railroad for handling present
crops and for the purpose of taking
care of the big future output which
is estimated to reach 1.000 cars within
five years. This year it manufactured
all the apple boxes and strawberry
crates, amounting to 150,000, which were
used ln the valley.
Through agents of private car lines
who are now here It is making arrange
ments to secure cars for fall and win
ter shipments and has already sent sev
eral cars of early fall apples to
Pacific coast trade.
40 BUSHEL WHEAT
IS fJOT A
NOVELTY
Predicted Advance Takes Ef
fect in Local Market This
Morning Wheat Firm. '
The advance of 10 cents a barrel In
the prloe of export brands of flour pre
dicted ln this report early last .week
materialised today thus sending' the
value upto 2S.80 with the market very
firm at, the high figure. , .
While little business was reported
today as a resutt of Labor day, a num
ber of Inquiries were received from the
orient and the prospects for Increased
..I., tn tha nth.r aide are very good.
The orient seldom buys on a declining
market so the day's advanoe will likely
result in more business.
4Ko prices have thus far been named
on new wheat flour for local trade but
there Is a muoh firmer tone ruling for
ni.1 rrsrin ln the local market. Sales
of the latter are Increasing
advanced; some millers adding zo cents
In the north export flour likewise
Weston. Oregon,
K,000 sacks of wheat
Sept. 1 Nearly
eat have passed from
the- hands- of re wet s -to th Is - tcin) t y
at 70 cents ln the past few days. The
following sales have been made since
last Saturday;
8. A. Barnes bought the following
lots for the Pacific Coast Elevator
company: Moses Taylor, 4,100 saoks;
James King, 600 sacks; J. C Turner,
726 sacks.
J. H. Trice, Kerr-Olfford's agent,
bought about 10,000 sacks, Including J.
N. York's lot of 7.000 bushels.
Later Agent Barnes bought the fol
lowing lots: A. J. Mclntyre, 6,800 bush
els; Alex Walker, 6,709 bushels; Ed.
Tucker, 767 bushels; H. E. Turner, 9.000
bushels. John Beamer sold 676 saoks of
barley.
k'ritf t-rWr V vrmtr" frwrmw -rlsruTes;
Wheat market Is quite because of the
small offerings by producers. In some
Instances anxious millers and exporters
are paying a premium of 1 to 12 cents a
bushel over the present market but the
general trade believes that the pries are
about as high as they should be at this
time so is not offering more.
shippersTFTruit
APPEAL FOR RIGHTS
Want More Cars In North
Yakima Need 30 at Once
With None In Sight
(pedal Dispatch te The JooraaL)
Olympla, Wash.-, Aug. - fk Tk.
railroad commission has been called on
for assistance by fruit shippers of
North Yakima, who claim that calamity
will overtake them unless immediate re
lief la riven. The reauest to the com
mission came in the following telegram
from North' Yakima, signed by Rain A
Newton, Thompson Fruit oorqrpany, J,
M. Perry A Co, and Yakima Horticul
tural Union:
"Railroad Commission, Olympla This
station is short today, actual require
ments, thirty refrigerator cars, with
none ln sight for the next ten days. For
our heavy movement of peaches require
ments will be at least 160 cars. North-
(Special DKpaten to The Journal.)
Garfield. Wash.. Sept. 2. Christian
Jensen, living four miles east of Qar-
neld, has an apple tree ln his orchard
of the yellow transparent variety, that
has been planted by three years, which
contains one bushel of splendid fruit.
Mr. Jenson has on exhibition at the
office of the -Garfield Land company an
appie picked rrom thin tree this morn'
Ing that measures 11 Inches ln cir
cumference, and the smallest apple on
me tree, said Mr. Jenson, . pleasures
iv mcuea in circumierence.
Mr. Jenson has Just finished thresh.
Ing his wheat, of the red Russian va
riety, that yielded about 40 bushels to
the acre. The wheat has been sold to
Mr. Rogers, local agent of the Kerr-
Gifford company, for 66 cents a bushel
A. Houchln has just finished threshing
nis wheat, which yielded 40 bushels an
acre. So far but very few yields of
wheat have been reported that were less
tnat 40 bushels.
The oats crop Is going to be much
larger than was first reported, and but
very few fields will yield less than 0
bushels, and many will make 76 to 80
bushels an acre.
'1 he potato crop will be a good one
this season and already several patches
of early potatoes have been dug that
yielded 100 bushels an acre. The rains
are a great benefit: to the late potato
crop, and also to the gardens. Cabbage
is now growing and neading up splen
didly and carrots, beets and turnips are
making a great growth.
This will be a great year fo the farm
era of the Palouse country, and with
their wheat, fruit, potatoes, hogs, horses
and cattle to sell, the banks will be
bursting with the farmers' money this
fall.
FIGHTING FOR WHEAT.
the
BUYING AT KLAMATH.
Beef Going at Quite Good Figures
Prospects for Rise.
(Special Dlipatcb to Tb Journal.)
Klamath Falls, Or.. Sept. 2. Beef
buyers are coming Into Klamath county
and soon the annual pilgrimage to the
railroad will be started. The drive is
fenerally made to Montague or Ashland,
t is estimated that there will be sev
eral thousand head taken out this fall.
Steers have sold for 6 He gross and
cows and heifers for 4 He. It is said,
however, that the price will go higher.
At Hunt buyers for a Puget sound firm
paid 7c last week for about 600 bead in
Hood River valley.
J. C. Mitchell has beert for years the
leading beef buyer ln southern Oregon.
He arrived in Klamath Falls this even
ing. He will run up against a top notch
price. The cattle are in fine condition,
and the movement to the railroad will
n a j UQglU BUUU; UiV IU1UU1. ui ocpwuiwoi ,
kotu wi obu r rancisco ana ivOfl
juto iuw in inira .near Aider J-lii 1 In i JjXL Art 1 in mrj J. Al ITO
Various Parties Want Same Grain
and Forced to Pay Quotation.
(Special Dispatch to Tho Journal.)
Moscow, Idaho, Sept 2 Moscow
buyers are paying several cents more
for wheat than surrounding towns are
paying. The reason for this Is said to
be the presence here of several indepen
dent buyers. The Miller-Wood Co, con
sisting of Mark P. Miller of the Mos
cow Flowering mills, and C. E. Wood
of Genesee, and W. W. Chambers, rep
resenting the Chas. H. Lilly Co. of
Seattle, are said to be the cause of the
"nigh prices. The Miller-Wood Co. are
said to buy for the coast flouring mills,
and the Lilly Co. are supposed to buy
because, they want the grain. In any
event, these are the firms that are mak
ing the farmers smile and they are get
ting considerable of the rraln. although
the combine buyers are bidding up for
The red variety of wheat is bringing
67 cents, which Is said to be at least
two cents above the market.
Considerable wheat continues to come
ln, although the receipts have fallen
off considerably from the early part
of the week, when harvest operations
were Interrupted by damp weather,
while the weather conditions were
threatening for a few days during
the week. harvesting operations
have not been interrupted In this sectio
Since they were resumed last Tuesday.
Weather conditions are now fine.
Million Dollar Wheat Crop.
Heppner. Oregon Sept. 2. The
grain crop of Morrow county will prob
ably exceed i. 600.000 bunhelH this vour
Most of this wheat Is expected to sell I
ror iv cents, wnicn win Drlng more
than $1,000,000 to the farmers.
FRONT STREET MEN
VERY HAPPY TODAY
GO OVER ONE MONTH
With Portland ministers returning to
the city from their summer vacations,
is was planned that the Portland Min
isterial alliance should resume the reg
ular meetings at the Y.'M. C.'A. audi
torium today. Owing to this being Lab
or day, however, the meeting was not
called, and the first meeting of the min
isters of all the denominations will
be held the first Monday in October.
The -ministers of each denomination
will hold meetings separately ,. on the
second, third, and fourth Mondays In
each month.
. . Suffered day and Right the torment
Of itching piles. Nothing helped me tin
til I used Doan's Ointment It cured mi
perranenUy."Hon- John R. Garrett
may ort Girard, Alabama i, ,
To Elwood Wiles, contractor,
Front street merchants ddffed
their hats this morning. The
reason for It was Mr. Wiles'
determination not to molest the
street paving along that busy
thoroughfare until after the
fresh fruit season is ovei about
two weeks. Then he will tear up
the stone blocks and replace
them In a concrete setting. The
action of Mr. Wiles comes as a
surprise to the "street" because
the. merchants were about re
signed to the fate of allowing a
large par cent of the fruit crop
to go to Waste because with a
blockaded street they could not
. do business. .. . .
Preferred Stock Csnaeft (roods.
JOlsa A Lewis' 3est Brand, .v
REDUCED
RATES
FOR IMPORTANT EVENTS IN OREGON
Will Be Made by The
Oregon R R. & Navigation Co.
AND
Southern Pacific Company
(TjXhxb nr obsoov)
ON A BASIS OF A
Fare-aod-a-Tfoird
FOR THE ROUND TRIP
AS FOLLOWS:
Secretary Tail's Visit to Portland
SEPTEMBER 6, 1907.
TICKET SAXJSS
O. R. & N. From Pendleton and all points west, including
branch lines, to Portland and return. Tickets good on
trains reaching Portland on afternoon of 6th and morn
ing of 6th. Return Jimit, September 7th.
S. P. CO. From Roseburg and all points north, including
west side lines, to Portland and return. Same limita
tions on tickets as on O. R. & N.
Oregon Irrigation Convention
AND
Rogue River Valley Industrial Fair
GRANT'S PASS, OR., SEPT. 10, 11, 12.
Tickets on sale from aJl points in Oregon O. R. & N.,
Sept. 9 and 10. S. P. Co., Sept 9, 10, 11 and 12.
Final return lirnit for all tickets, September 13.
Oregon State Fair, Salem, Oregon
SEPTEMBER 16-21, INCLUSIVE. '
TICKET SAXSS OATHS t
O. R. & N. SEPTEMBER 12, 14, 17 AND 19.
From all points in Oregon.
Final return limit, September 23. O. R. & N. tick
ets must be validated for return by S. P. agent, at
Salem Fair Grounds.
i
S. P. CO. SEPTEMBER 15, 16, 17,' 18, 19, 20, 21.
From Oregon Line Pointsv
Final return limit, September 22.
Stopovers will not be granted on tickets sold for these events
Inquire of Agents for Full Information.
General Passenger Agent
Portland, Oregon
VM. McMURRAY c
ern Pacific gives us no satisfaction and
unless prompt and vigorous measures
are used, calamity will follow. Can you
assist ust" - -4, r,.,.
The matter was taken up' At once
with the officials of the Northern Pa
elf io by the members of the railroad
commission, who are In Seattle today.
WILL PICK HOPS IN . ":
: ; JOSEPHINE COUNTY
' (Soeelal Dispatch to The JooraaL)
Grants Pass. Or., Sept. 2. A large
percentage 'of the population oT Grants
Pass Is now employed at the hopyards
on the ' Rogue and Applegate rivers.
Picking is now well under way and the
delightful weather of the past week has
favored both the pickers and the grow
ers. Practically all of the yards that
were cultivated and cared for will be
picked of their hops, -A week or so ago
there were a few growers who talked
of letting; the yards go unpicked, but
these have changed their minds. On
account of the unfavorable outlook ln
the matter of prices earlier in the sea
son, several of the owners of smaller
yards did not train their vines, not hav
ing the funds at their disposal to guar
antes 1 pickers, and the banks were not
disposed to make loans on hopyards.
Had all the yards been cultivated the
crop would have been a record-breaker
In Josephine county - this ..year. The
vines are heavily loaded and the' bops
firm and of good quality. The Ransau
yard, the largest' in southern- Oregon,
was well cultivated and cared for and
will have an -exceptionally large out
put thla year. The Rancau yard was
purchased last spring by Cornell
fr iannagan or mis cuy. .
Because of the abundant cropPihe
yards tnat were cuiuvaieo, me output
ror - josepnine win om . very nearly as
large as ln former seasons. No con
tracts have been made and there is still
a considerable quantity of last rear's
crop unsold. ' . . .,
i .11 m ' ii - ii 1 , ,'
Harbor Lumber Camp Reopens. 1
(Special DlflpatcD to ins journal.) .
Aberdeen, Wash., Sept. I. The oamp
of Boeing and ' MoCrimmon wilt open
this week with about 88 men in. the
T.V.4- nmn ! lACAtMl fltl .Iia '
Crew. i. turn v..--
Yiri.wir. lvr ana has been GlOaari
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down since June 15. .
THE
BUSINESS
lias become sn integral and essential part of our commercial
and social life. Itbinds communities into one sensate mate
and keeps the business tenter of a nation in constant com
munication each with the other.
The output of all the factories nor the equipment of all
the operating companies is sufficient to properly supply the
demand for service.
A business of such importance, entrenchment and extent
should be THE MOST SUBSTANTIAL ON EARTH. Its
securities should be considered standard for investment pur
poses and as safe as government bonds.
HomeNBonds
FACTS ArtE
Few people outside of financial circles know what a public
utility bond is, but were it not for these unit mortgages,
street car lines, trans-continental railroads, gas, electric,
water and power companies and every public utility now in
use would hardly exist. The telephone is not an unknown
quantity and its bond issues are quite as legitimate as any
first mortgage secured by the assets of either of the above
corporations or on a piece of real estate. This is strictly A
business proposition and by this method of unit mortgages 4
all progress in great undertakings is provided.
TRUST COMPANIES
Are akin to these transactions for it is a part of their legal
right to buy, sell, exchange or underwrite part or entire bond
issues. Portland has never been a bond center on account
of Oregon's wonderful natural resources which offered such
other inducements to attract attention from any well-secured
first mortgage bond carrying a low rate of interest offered
by various bond houses, therefore all public utilities and
municipal bond issues put out in this territory were pur
chased and retailed by eastern banks and trust companies.
Now there comes a time in the history of all cities when
opportunities to GET RICH QUICK in lumber, milling,
mining or speculating ceases and the community gets down
to looking for the steady income. 'Tis then the capitalist,
banker and home-builder looks to the responsible bond
houses for the investments I am referring to. I have sold
to hundreds of banks and trust companies these and other
bonds but Oregon is yet too full of play with its forests,
mills and mines to look for a steady income for its savings,
and its financial students have expected too much earning
power for their surplus funds, or to encourage bond selling
in this community. They have also become rutty and rude
to the newcomer for advancing a market for its own munici
pal and public utility interest-bearing securities. I have no
complaint to make, no excuses to offer. My business is to
BUY AND SELL LEGITIMATE INTEREST-BEARING
SECURITIES, or to act as agent for those who have same
to offer, and no corporation was ever harmed by any sales
I ever made them. I am sensitive to criticism of course; on
the other hand, J am particularly grateful for your favor, and -trust
I have conducted myself m your city in such a manner
that any attacks from those insanely jealous of my successes
will be ridiculed. I am deeply grateful to many ofdihe de
positors of the Oregon Trust & Savings Bank, to the public
and to the press for their flattering endorsement of my
course and for their kind personal expressions.
Very truly yours, LOUIS JT WILDE.
Long Distance
Telephone
Strenuous times brought them out- offered for tiie, first time.
$45,000 Northwestern Long Distance Telephone Bonds, and
that is all I can secure. Price on application.
LOUIS J. WILDE
5 Fafayette Block
JOURNAL RESULTS
The following testimonial was received yesterday from
the L. H. Freeland company, and is another proof of the
superiority of The Journal as an advertising medium :
4 ..... . ,
; Portland, Aug. 31, 1907.
Throuch two insertions of an advertisement in The Tonr-
' f U a. a I 1 . A T-v 1 ?r r
nai.wc 9Qiu ro.nancs . uougias, ot is.earney,.iNeDras,
and to F.' T. Phillies, of Sinnx Ttrv Tnwa re in DeS
- - - g ' J ' " w ' -
cnutes irrigation country, crooK county, uregon. i nrougn
-two insertions we sold three five-acre tracts, and through
one insertion We sold 25 acre tracts. We are having grand
U- - J x! ' rrl . T . -r- ',
it
L: H. FREELAND COMPANY,
Roora ;7, Uli First Street
, 4.
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