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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (March 8, 1908)
t I-;. I 11 THE OREGON SUNDAY JOURNAL , PORTLAND, ' SUNDA Y.. MORNING, MARCH 8. 1903. "... ' BOARD OF TRADE AIDS IN PROMOTION WORK Oiianlzatlon Does Much Go od for Portland Secretary 3fuIIer Gives Keasons Why Citizens Should Assist I; , Efforts to Build Up State. Wkat la a board of tradst Wky do It claim rapport? Wky la it essential for vrj feasts Mi to become a mamborT Br TraA Mullrr. Secretary Board o 1 raae u. rvi uhu. X X will endeavor In the following dla eourae to annwer'aa near aa poaalble ' th above Question. Before going; Into details, however, I ' would like to refer to the elementary principle which !i today at the bottom : Of aJl successful effort. Thla prlritlpl la unity of action to ancure me tat possible reaulta In the moat effective and economical manner. The commercial condition! of a large city often confront ua with disadvan tage or lacg or systematic adjustment ' of prevailing abuaea, and where the ef ". forts of the individual merchant ceases ' to be effective it becomes tne amy ana "; prerogative of an Institution auch aa a board or trade to take up tne reina ana ' endeavor to adjuat those drawhacka aa they become apparent from time to time. la a Trad Orator. A board of trade la a trade center ' and emporium for the cryatallzatlon and the aeatmllatlon of commercial Infor mation., , primarily th dutlea Involving on a board of trade are to foster and care for the apecial Interests represent ed by ita membership; yet an organiza tion of thla kind should be euually mindful of the general needa of our cur, state ana country. When the present plans are thorough ' !y understood It will become a dally custom for members to aaaemble on the floor of the exchange, particularly so between the hours of 11 and 1. to affect , transactions in egga, butter, cheese, poultry, grain, flour, hay. seed, pro vision, country produce, lumber, real estate, coal and various other lines and to arrange for freights, marine and fire insurance. Investments, etc. Committees will look after the mar ket quotations of each branch of activ ity and the Exchange will be provided with telegraphic market Information covering domestic and foreign markets relating to breadstuff, provisions and livestock. Prices to Be Posted. Local market quotations will be dally posted in accordance with tha decision of their respective committees, at 12 o'clock noon, and will be accepted as the official quotations for that day. It Is hoped that the newspapers and others will quote these reports In their publications. In thla connection It may he stated that auch quotations undoubt edly will reflect the market more cor rectly than it la possible today. Daily local quotations will be posted Tn the blackboard of the exchange on the following commodltlea: Butter, cheese, poultry, eggs, cattle, sheep, hogs, hops, wool, hides, furs, wheat, oats, bar ler flour mlllatuffs cereal foods corn, hay, domestic fruits, tropical fruits, root vegetablea. onions, potatoes, rice, coffea, salmon, sugar, nuts, salt, beans, bacon,-hams and canned meats. Quota tions Of the New York stock exchange -Will also he furnlahed. Appropriate rules for conducting the regulation of trade operations and obli gations incident thereto, are now being framed to meet the requirements of the different branches of commerce. Such rules, and other facilities will become promotive of tha Interests of the com mission merchants, exporters. Jobbers, traders, manufacturers. Investors, and inunj ulnars. t a, X I' Will Inspect and Orad. As buslneaa grows, departments for the Inspecting, grading and weighing of different commodltlea, such as eggs, butter, cheese, grain, hay seeds, etc.. will be added. The general objects and purposes of a board of trade are con cisely covered by the following groups of functions: To maintain a commercial exchange; to provide uniformity in the customa and usages of merchants: to Inculcate principles of Justice ana equity In trade to facilitate the sDcedy adjustment of business disputes; to acquire and to disseminate valuable commercial and economic Information: to secure to Ita member the benefits of cooperation In the furtherance of their legitimate pur suits: to secure uniformity in commer cial laws and customs, and to promote equitable principles. It can easily be surmised that by a proper application of concentrated en ergy and Intelligence the board of trade will become a factor In the aucceaaful aolvlng of even the most difficult prob lems. In fact every effort of the board will tend to stimulate the expansion of the trade and commerce pf our CUy. Situated na Portland Is. surrounded by the greatest and most productive area of land, with rivers forming nat ural highways for commerce, which we have not yet perceptibly taken advant- ge or, and railways, steam and Bailing hlpa reaching all points of the com- pasa, nature has placed ua In a most enviable position for both the concen tration and distribution of raw and manufactured products. Will Expand Market. No good reaaon exists why Portland should not become the largest handler IM All IL-U1U1IAI LIITIUUI in. 11 Will U . . .. . , . the board of tradVs effort to atlmulate ?Julc and without partiality hould this growth which Is bound to Increaae f?d i" due c,ou,r"e. " f urnished by the prosperity of our merchants and iVffl1 f trad!;- .N otner branch manufacturers for the tendency and in- !LUBf ,n.e" conducted so openly, so cllnatlon of every man is to make hla ,u'e'y, bov(. bord and BO directly purchases In, the market where he lias w't,h 1 10 the common welfare Xl.nai of hi. nroduct. liv. toek ,.r and 1 department of buslneaa la bo grain Unquestionably the rapidly expanding Make More Competition. trade of Portland Is being Jealously It has no mononollRtlc feature wht. watched by competing markets, making ever, and admits of the unhindered and e ) :- w v. ..- : : l : (). i ..t:..l: ?. " ' 1 Fred Muller. strenuous efforts to prevent the further healthful play of the forces of compe advance of Portland Into trade terrl-! tltion. Hv a. luiUciniin iv.tom.ii. torlea which have heretofore been con-1 practical adoption of business methods trolled or considered a their own. the conditions of the market can ne Here again Is a strong reason why we I adjusted, finch nrlc munt t.u in cannot afford to relax our efforts, but consideration the prevailing atate of on the contrary should create addition- supply and demand and the facilities al force and energy to Increaae the con- offered to members to dally buy or sell trolled territory of this market. on the floor of tho exchange at the ca'l ii can naraiy ue expeciea rrom tne will tend to act as a proper barometer Individual merchant, busy with his own and adjuster of over supply or unsuf- effnlrs. that lie should give general flclent demand conditions and required Improvements ' The work of a board of trade broadens much of his attention. Hoards of trade In scope as It grows In usefulness. The in all large trade centers are expected statistics collected will indicate the to and do look after matters of this progress of commercial development, in- nature Again, the volume and valuo eluding relative production movement of the chief cropa fix rates of Interest, and values of commodities and such determine to a large extent rates of data will be of value to those engaged transportation and Oie extent of inter- in business In the different lines stato commerce. Tredlts given by mer- With the growth r the board of chants and bankers are measured there- trade a membership therein becomes a by. In fact every financial and Indus- valuable business asset. A share of trial Interest Is directly or lndli-ectlv stock entitling a merchant m affected by the crops of the country, bershlp on the floor ran at present bo In this constant and vital relationship obtained for J10 per share and speak- ihk i nun many years 01 experience in consplcu- the board of trade occupies ous and useful position. All Information concerning crops and other movements for the benefit of producers and consumers alike, without Blmllnr Institutions, the assertion Is Justified that before very long the limit of BOO members will be reached and the stock will only be available nt a premium. The expense for a share of stock is only Incurred one time and the annual dues ace fixed on the reason able basis of tl! per year. Stock In exchanges In other large cities of a par value of 1100 or less Is in many In stances In great demand at figures run ning Into tho thousands. It la hardly poaslhle to draw the line between direct and lndlrec( benefits derived from membership In an organi sation such as this Institution or similar commercial bodies, but even the most cynical must admit that an exchange which hs for lln objects the buslnesi llke. legitimate promotion of the com mercial activities of Portland, la worthy of support. As an Indication of the Interest so far created by the new plans, I might mention that a large variety of trades are today represented among the mem bership of the board of trade and It Is the Intention to ultimately divide them Into departments of the exchange with efficient committees at their heads. Those represented by the largest number of Individual merchants are the following Interests: Produce, eggs, butter, cheese, exports, Imports, lumber, real estate, banks, fur niture, wholesale and retail grocers, im plement and vehicle trade, live stock, agricultural products, provisions, manu factured goods, hardware, machinery, transportation. plumbers, dry goods, professional men, etc. he proper representation of the dif ferent Interests is belnj taken cogni zance of In the making up of the board of directors. Every branch of commercial activity las already stated, will be represented In tha organise t ion by a committee to be canea a goveraing committee and sucn committees will ba oomnosad of aav from flv to vea member eaoh. Every on of these committee will nav run power to attend to and work out tho needa and requirement of it respective line of trad and to make rule and regulation for the nrotectlon I Of uch interest. To Unit Organisation. While on thla aubiecL Itmia-ht he rer-I nitiM ro suggest mat in the Interest of the city of Portland, a consolidation of the leading organisation of the city mlgnt ultimately be brought about. If ucn a movement would be noaalbla it unaouDieoiy wouia arreci in tne most beneficial way our commercial and In dustrial activities. The work now be fore th different bod lea mlaht ba clna- suiea unaer me ionowing neanings: Work of a strictly commercial na ture, auch performed by the board iiiii i nmniinn iimni nn 9 oam. mo oooAxn I Mil I III V I IIWII )fl II X I lilLLUIDUUddliUIILUU :r n i SIX GREAT BELIEFS jj m Bishop Ecadding Announces If your gum bleed whn you brush t J 4sw VJUIUIIUI. nihak Subjects of Sermons Dur ing Lenten Season.- which. If 1st run. linui i..ik i ' .-.., i 1 W positively cur th abov diaa,i TEETHts,ITnh During Lent Bishop Scaddlng will preach each Sunday evening on "Six Great Religion" at St. Stephen's pro- cathedral, Thirteenth and Clay crests. of trade. Drovldlna- atatlatlca. marine l. t 7:30 o'clock. Th blhop will dl- tolllgenc. commercial rule and regu-1 cuss from s broad and liberal viewpoint H,;.V.i T K..ei 4, i. OI lne reugiou oeei OI m. i va -ii V wMlt v Ml V auuawguuau UIC I chant. a iii7ii iiicia mm liib wurs now nfir i . . h., . - - - " - viiv formed by th chamber of commerc. a la. ,, announcing the er lea Bi.nop " Wn and Xormula for doing wn:cn mignt oe ciassmed under the I v..nun - heading of freight and transportation tlc" ot tna ermon: rrir matters, supervision of river and har-1 ' vu r "oreby cordially invited to HI ID PDirFC bor facilities, manufacturing Interests I attend a course of sermftn which will VUU I IIIV.LO and leglslntlv work. be preached in Ht. Htephen' on Sunday 12.K Crown Thl offlc la equipped with all th Then there I the work done by the Venln" In Lent by.th Right Rev. I Commerclal club, covering all detail of M-harle Scaddlng on "Bix Great Rellg- I Urldg Work, SS.OO oer tooth ar publicity and promotion. Ilona" Man Is a religious being, and L P m rn A Theie exists today a tacit understand- whon w8 consider how universal in all ""ran v.rown B3.QO to S5.00 Ing between these bodies for a division religion ar uch Idea aa communion I Re,t Rubber Plata ma of this work as outlined above, on a with Deity, Incarnation1, sacrifice and ... o.vv I proper, comprehensive and Intelligent I Immortality, etc., it 1 not difficult to Aluminum Lined basis. Tet It 1 conceded that ultl-1 ae that ther waa a real preparation .Flat SIO.OO to 815. OO mnieiy a sun oiosr wuraing oasis I i i ' unmnw m tin; yai.n .n . irilllntra aiM .flr,.!.. .ftolno., I rellrlnn Hlahnn Hcflddlna' will f.llouy"r "ng - fectlveneea of the work on hand. I with thl aublect from a wide and gen- Gold Filling. j. i eroua t'oim or view, ueiieving inai una I 1.00 9 AA a as AA A far aa the board of trad I con- erou point of view, believing that "God . t. ww.vw earned, It shall puraue Its polloy a out-I left not himself without wltne.' By vegeiac-ie vapor used only, by nfor lined, fearlessly, unselfishly and with I tnes studies in comparative religion we I "" mimuni nam a constant re.srara Tor tne advancement, i anaii see iiiui tjrrrisi is in true na-ht: development and expansion of thl great f but he llghteth every man. and no re el! y. I llgloua belief Is without som spark of ir tne reany support given our errorta I eternal raaiance. ine acneduie of sermon a announced k Tit.l. Li . a i . . . k'r J! u .AlT7U U'N ... , ... j iiia viirua. in arc II i o Kranminism (India), "Seeking God inrougn pniiosophy." March 12 by the leading merchants of Portlnnd, la a criterion for the future, the sue- cess of the Institution 1 assured and while Ita policy will be broad and pro gressive, every step will be carefully considered ny the hoard of directors and anything which might In the least have I Buddhism (eastern Asia), "SeekliVg fial- the appearance of a scheme will abso i lutely bo cut out from consideration. vatlon Throuah Works." March ir Mohammedanism (weat Asia), "Seeking God In Dogma: A Creed With On Ar ticle." April 6 Judaism, "8eklng God Through Law: A Religion of Prece dent." April 11 Christianity (Anglo-Saxon). i CHICAGO Painless Denslist CO. CTX AJTD WAJI a-ro. B aura vnu ae. m.l-4 m Mm Lady attendant 1 Phone Main ISIO. A-lllt. CBOWDS SEE GOOD SII0W. rembered b' p most remarkable performer that rr Millinery Openingr. We open the millinery season tomor row with new styles irresistibly low priced.' Tin unfolding of millinery creations, so different, so striking aa to win undivided attention from lovers i I of dressy wearing apparel and charmlnir tlXt Wyou wm adm.rtr.ndCOrd?i,,rn.hai2 MT. OonUn, to .tand for U. B.rt -PPred hera Th.y will introduc a xn v auaevUia. I - . v " .iu .qhmuuhbi l . vm Pantage natronaa la stead!! t. 00 th occasion of their econd appear- oreaslng, and nearly every performance anc. They ar far and away th beat the world today. and Pearl have mad good In ber of fashionable women. The ex- tages Is the name that represent real tne bl eastern cltle with their talking - i vmuca in vauuevnie. ana mat good act ki, wmcn is repiei shapes are very popular. " may be expected week after week. Pan- w,th nw turns and lively fun. Arthur mm niHi. w. ...... u.9, tages insiats on hav n the best, nn tiousion, me comeay juggler. 1 llkewlsa possess and you may for the price at our millinery department la always within your reach. Fashion favora large hat this spring, for several weeks past has been to ca- acrobat In although many amali hats are In style, paclty houses. The theatre-going pub- " . Turbana are worn at present by a num- lie Is coming to understand that Pan- Mrlon n rolled sides, are In vogue and some of ter what It costs. For example, the fa- olever man in his line and stand on these hats are trimmed with generous mout actor, Melbourne McDowell in a the t0P runf ln th comedy Juggling bunches of true to nature flowers, fast- dramatic sketch, has been signed up to I'uslnesa Houston doe many "eati , ened with bows of taffeta ribbon and appear next week, and other noted tar which none have been able to lmitat. handsome buckle. Every color la rep- are being ne-rotlatert with Polk and.Co.lln. linger and danoara reseniea in uib epruiK nais, iiui ine soft tints of brown, old gold. Delft blue, exceptional values, and hoseTho'nave Thf " been o d rose tints and cerise are particularly not feen to Be. It will do well to enjo? vaudeville circuit striking Large American beauty roses a coupie of hours of bright merrlmint ce- Jean w form the principal trimming of aome tnAavv r,eir,i,in rJii" .ST. it!?!1 Illustrated snnr i danoara. ,ne diii just enamg has been on of ppr iiere ior me nrt tun. oeen piaying in western with considerable sue. Wilson will Bin a naw today. Delphino and Delmora, the noted "lutrated song, and the blograph will French travesty artists. In "A vr.iaieai ap'n off th latest thing ln the movln-r I'pronr," are the hit of th week, al- Pcture lln. When you see the mov- though Jack Symons and the half doten '"" P'ture st the Pantag you otner successful performers have been 1 Ior lao ursi ume. going Dig. It takes only a casual glance over the Una,.,, T attractions booked for the new weelc to -Hail 11. MllUU. Convince VOll that vnn'tl Ml I Formerlv nrAnrlntnp rt Slbson's roses. Slbson s roses are hard- money's worth and more. Two headlln- 1. Chamber of Commerce bldg has lly grown In the open ground, well rip- ers have been booked, the first feature purchaaed the aaloon, northwest corner ened. full of fibrous roots and true to being the well-known comedlana, Mur- Fourth and Washington, ln th new name. Lnrlpe plants with poor roots phy and Wlllard. ln a new comedy Rothchlld bldg., and wllf be pleased to ' .--. . k -- ..unn. MB.ni i uipir own creation. These I niany irienas ana patron. Mi.-w un.y uii uuii uua..-9. il jf.iu rc oomeaians nave n vein of their own inexperienceo in rose culture, you win which many have tried to lmitat. m 1 Ti c" . soon realize this, and then you also will They are posslWy the funniest people OllCfcen Dinner 2d OntS. wni Diunuii " j; mua mt nave neen here th a year. We give thl to advertise our sr e.n time to plant. The Slbson Rose Nurser- The memnA r.i,.r. i. im ... ?J 26:.Mnt LVavefnCue,lnI nur8erle 1180 Mllwau- troupe of acrobats In . "return engage! New '6ran Central itaSVinuYo Noh of the gorgeous effects ROSE CITT MILLINERY, 103 Morrison st. Plant Slbson' Boss. Quite a number of our customers In form us they are digging up and dis carding other roses and replanting with MAW Since This Ad WMWrittenearly All of the HAS EVERLASTINGLY Eternal Durability of Concrete . ' Withstanding the storms of ages, the constant dissolution and transformation of Nature; standing sentinel to the earliest kingdoms of history and still the guardians of ancient secrets, . the Pyramids of Egypt are the most convincing arguments Ot the indestructible properties of concrete construction. Huge mountains have been toppled; islands' have been thrown up by the sea; the face of the globe has been altered; cities have . been founded, have grown, have thrived and fallen. The Con- crete structures of ancient Egypt, Greece and Rome are still S,wSC-5!'';livinK- Save th "rth itself, there is no v tenalo durable as Concrete. TRATI 0tlnin:-Your Co no rate proooaitiu. to nwd your booklet. "Concrete Fa?u "0t.1lnten,,I "nterestlng. I would Ilk in tow ooa I coald tpct to rec.lv aLSLJI' W1U ou Inform v ,s - i uvioend and how much they would be a an Investment of I , im Address Efficiency of Concrete Construction The modern demands for solidity, fireproof equalities, inde structibility, permanency, economy and convenience in the rearing of tremendous skyscrapers has sent the construction men hurrying and scurrying to the uttermost parts of the earth for something to fit the demand. Concrete was redis covered, the art of making it relearned, the skill of adapting it reemployed. Today, you have to admit that its equal was never known. The biggest and best buildings of the century are being made of Concrete. This has developed an enormous demand. Not a Concrete manufacturing company in the world lacks for work. It is almost impossible to meet the needs. BLUE DIAMOND PRESSED STONE CO. TOE Reliability of the Investment What makes an investment good ? A demand tjiat makes the product manufactured a staple on the market- Invest in the stock of the company that -is working overtime to complete its orders, realizing a magnificent profit on each one and your profit is assured. That is exactly what we offer you. This sale of stock is to provide funds for enlarging our plant' at Sellwood. It is for sale at par value, TEN DOLLARS A SHARE. The plant is' now earning 15 per cent, and can be made to earn more than double that amount. You can share in the prosperity of this company by purchasing stock in any amount from $50 to as much as you think you can afford. Fill out the attached coupon. Write, Call, Phone or Wire 218-220 Abington Bldg., Portland, Or.
