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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (May 12, 1908)
10 THE .OREGON DAII-Y JOURNAL PORTLAND, TUESDAY, -EVENING, MAY- 12, - 1DC8. EARNS LAROE PROFITS. ENTAILS NO RISK . IS'DOUBLiY GUARANTEED CANNOT DEPRECIATE CASHABLE ON DEMAND CARRIES A BONUS INTEREST BEARING INCOME EARN1NO . . . INCREASED VALUATION The Interest on These GoW Coupon Real; Estate Certificates Commenced May-1, 1908, and Is Now Accruing; Payable Seirii-Arinually? -3 ! NV !;. J NVL, k JN) .'DEJMOMINATIONS-These ccrtificltes are;issued in denominations of from $25 upwar(Jsi allowing, the small, investor the same privilege of profit sharing and an equal5 advantage of the large and assured advances of - Business ' Real Estate, p s : is 'enjoyed by the man of great ' wealth. Remember, the interestcommehced May 1, 1908 and is, how accruing.; ' v j -v ' ' CERTIFICATES The following will illustrate the sources of 'income- from our Gold "Coupon -Real Estate Certificates: s ' -'X p -': r - Principal Guaranteed vl. IV.. v.i. .v Amount Invested. 1 -- - r Interest Guaranteed V. . 4 per cent Annually - w Rental Income ;.s.;';.. .4 per cent Annually" , - ., Increase Valuation ....... v.-. . V. . . . . 7 per cent Annually ' ; vJ'rofit oh Investment should be . ; 15 per cent Annually . : 5 : :f; AND AS MUQI MORE AS THLVALUK iNCRLASE DURING THE UFE OF THESE CERTIFICATES PROFITS This certificate has four earning powers bonus, interest,'' income and increase - valuation. . - - . . ' NO RISK Its principal and interest' is held in trust and .hence cannot be misapplied or dis sipated. ; ' . ..' .; " V :-, GUARANTEE In addition to its funds being invested in Portland Business Real Estate under - a trusteeship, the Standard Trust company of Portland, Oregon, guarantees its prin cipal and interest without reservation. - , - - . , - - ;: - NO DEPRECIATION Regardless of what depreciation may occur in'the real estate market, these certificates being guaranteed in principal and interest, will never go below par. ' ' CASHABLE The Standard Tnist company will purchase these "certificates' ; two years from their date of issue; paying, the principal face value with a 2 per, cent bonus and all accrued . interest thereon. . , ' INCOME-One half of the net income, received Jrom the property held in trust for these ' certificates, will be paid to the certificate holders, and available data shows net income should range from 8 per cent to 15 per cent peY annum. . , - ' INTEREST The; interest on these certificates commcnced-May 1, 1908, payable semi-annually and is guaranteed absolutely, under a trusteeship. , INCREASE VALUE The increase value of Portland Business Real Estate has been steady and healthy and easily justifiable. . Within the last few years the' eastern money inter ests .have fully realized the many and wonderful resources of Oregon, among, which, are its, agricuTtufallandsr its lim These resource$ must all pay, tribute to Portland; .and it is easy to reason why Portland bus iness propertyiiiatAvtthinhejpast fiveearsncreased from 175 to 400 per cent and it is safe to predict: that the next five br ten.years will see eventa greater increase. DIVIDENDS The property; purchased and held for these certificates will be so held under trusteeship for ten years and then sold. The certificate holders will receive in addition to the face of their ceiiificates and the interest and income' paid on them, one half of the increased valuation of the pi oerty, being the difference between the purchase price and the selling .price of the property, whh can easily be estimated between 200 per cent ancl 300 per cent, for every reason gives evidence that i Portland should have between 500,000 and 600,000 pop ulation within the next ten years. ' , CONFIDENCE---This investment - must appeal to all who have confidence in, Portland, and all living in this beautiful and glorious Pacific northwest country must know that Portland is destined to be its financial and social center. :? v INCREASED VALUES In the above illustration of 'Increased Valuation" we have estl mated less than 150 per cent for ten years, while Portland Business'Real Estate has' increased -in values during the past six or seven years, from 175 per cent to 400 per cent as illustrated by the following: PROPERTY. Lot 3, block 64 . . , East V blk. 43; Couch add. "70,000 Lot 6, N. Y blk."J" .... 15,000 East y2 blk 3i3 .......... 25,000 ' Lots 5 and 6, N. blk. "I" 45,000 Lot 17, S. y2 blk. 85 ... . 13,000 SOLD ASS'DVAL.. INC.VAL. . . . . .$33,000 J $.81,500. Overll75 per cent 212,500' Over 20G per cent N 45,000- Just 200 per cent 87,500 Over 200 per cent" 90,750 Over 100 per cent 67,000 Over 400 per cent COM Being a total average of oyer 203 per cent. Comparisons of this kind can be secured,' sufficient to fili many pages. These quotations simply cover ground values, exclusive of improvements. ' INVITATION We invite U toall at our be pleasecl to e'nter.to full7: detail with them, explaining, any subject of this investment; which:1 may not at once be clear and to their full understanding. ', k ' ADDRESS Call on or address " CHAMBER OF COMMERCE BUILDING 265-67 STARK STREET PORTLAND, OREGON PHONE -M 8623 A-1 139 OUTSIDERS WILL CLOSE SALOONS fJtayton' and Sublimity Will Be Toted Di-y "by People of Other Precincts. Rnipm ' Rurrau ot The JournaL) RAlfm.Or.. May Fearlni tiat the Anti-Saloon league would combine Stay ton, and Sublimity with eeveral other cuntlguoua dry precinct and. vote that whole aection of the.' county: dry In June, the liquor lnterte tiled v peti tion with the county clerk asking that the people of Stayton and Sublimity b allowed to vote on whether tnoee communities , s..ould allow , ealoone ln their rnldnt. .Later the antlg filed the tiptltlon the liquor Intereata feared and the liquor Intereate promptly aet up tlje'olea that the dry petition waa 11 leRal because It -wee filed later. - . County Judge 8cott waa called upon to decide : thia lntereatlng little local r.pjfnn ftfrht yesterday and determined that the petition embracing the larger L , '- " dlatrict , auperaeded the petition taking in the amaller district within the larger, though It waa filed later. Dlatrlct At torney McNary held the opposite. The petition of the antla that won out In the contest includes, besides the pre cincts of Stayton and Sublimity, Jef ferson. Aumsville, Marion and Macleay. The latter .precincts are already dry, while Stayton and Sublimity are strong liquor communities. It Is believed the latter, by preponderance of votes, will be able to sweep Stayton and Sublimity Into the drv column. - There Is a strong sentiment in favor Of local option lit this county and it la confidently expected that the major portion of. the county will go dry in June. So strong is the sentiment tha the Salem saloons recently petitioned the council to postpone the enforcement ot- tne strict regulation ordinance, pe cause the extra expense of puttlnar in glass fronts would ie useless ir tney were all to be put out' of business by the local option law.';The ordinance requiring glass fronts went Into effect ?esterdav ana all saloons are wlae open o the public day and night with Klaus fronts reaching -within five feet of the laewaiKB. . , - . . - -. v North Dakota Medics. (United Pren felled Wire.l - Grand Forks. N. D.. May 12. Mem bers of the North Dakota Medical so ciety are gathering here In force for tneir annual meeting, which win be in session during the next two days. An excellent program of "apers; addresses and discussions on professional subjects nas peen prepareq -lor tne garnering, What Stove for Summer? Nothing , adds to kitchen convenience in summer weather like aNew Perfection Wick Blue'; Flame" Oil Cook-Stove. - Anything that any stove can do the "New Perfection" will do, and do it better. Bakes, roasts, boils, toasts ; heats the wash water and the sad ' irons, and does it without dissipating its heat through the room to ar-discomf ort. The . Uleli Bie Haie oa Cco&-Sfove actually keeps the kitchen cool actually makes it comfortable for you while doing the family cooking, because, unlike the coal ' range, its heat is directed to one point only right tinder the kettle. Made in three sizes, fully warranted. If not with your dealer, write our nearest agency. n The 7rrA-T-, A Wit 0"- JlG&rHj' mellow sbjs' i Hglit that is very grateful ; to tired eye-a perfect student or family lamp. Brass, nickel plated, hence more dur able than other lamps. - ;( , : j-. .: '. Jf not with your dealer, write our near- est sgency. ' STAMJAKD OIL COMPANY ; (Ierportsd) v v. VEGETABLES FOR Garden Truck Will Be liaised by GoTernment for Panama Employes. (United Preu Uaied Wire.) waanington. My 12. Incidental to the work of digging the big ditch at ranama the canal commission Is brine ing to light other possibilities for this tropical neck of land. The latest of these Is the raising of vegetables of the common garden va rlety. One of tha forma nr hnmuki. ness that prevails among the ditch dig gers la a passionate longing for the good old string beans they used to have before they went to Panama, or the suc culent cucumber, or the delicious' fresh green pea. In order to establish a supply of these uciiui.iM na seep tne workers from nocking back north. Dr. Henry F. bchults has established a garden of 10 acres which Is shortly to be enlarged to 1 as an experimental station for we commission. As a licensed horticulturist h. v.. demonstrated that hereafter the canal workers can have tomatoes, egg plant, celery, lettuce, carrots, lvin. oil kinds, cucumbers, radishes and a lot of other things if they will merely take tne .troume to cultivate them. Peas win proDaoiv nave to te rrarteil nn native plant or tne same family to rrow well, but even that will be done f necessary. Next year experiments are to be mads with melons. It is imeiy xnat even tnese will flourish. ASHLAND STUDENTS TINDOIZSETEESIDENT (Sped! Dlpetc'to The Journal.) Ashland, Or, "May- 11. The student body of'., the Southern Oregon ' State Normal v school, at a ' business . meeting Friday. ' passed resolutions aaklnv ' the board of regents to reelect as president of the school. President C. A. Payne. Following the 1 meeting the Various classes met ana tne memoers unanim ously signed tne pet be -forwarded at once regents. ; - ' President Payne was elected during the holidays to fill the vacancy made at that time by the resignation of Professor B. F. Mulkey. , Although as- petltlon, which will nee to the board of suming - the office at a , most tryini time. Professor Payne has discharge his duties so satisfactory that, it is deemed advisable by the faculty and students . that he be retained In that position.- As - he Is not seeking the position It was thought such a petition might have some welrht with both President Payne , and : the - board of regenta ;v . Two Textile Conventlonj. ' ' ' (Cclted Prens Leaied Wlre. Philadelphia, Ps,, May It. Textile in terests In the United States will devote their attention this week to two bin conventions in this city. Today the Na tional Association of. Hosiery Manufac turers began Its annual meeting st tha Continental hotel. It -will continue tin til Thursday, when the annual meeting of the American Knit Ooode Manufac turers association will upin, lo letnain In eeasioa two days. . . - t In connection with Ui;se'w meet ings there are special T-xMblts of the most improved textile nii."liii.ry. The exhibit Lsi is unusutllv noteworthy, nd as the meetings are W"ll artendoil- th- outlook Is for one -f the mowt surcey fut annual gathering tn the history of lite textile, trades, . HEFLf II INDICTED FOR SHOOTIIIG Congressman Mnst Stand Trial for Shooting Negro at Washington. (Cnlted Pfess teaeed Wire.) Washington, May 12. Congressman James Thomas Heflln of Alabama must stand trial for . shooting Lewis Lundy, a negro, and Thomas McCreary .while riding on a Pennsylvania avenue street car several weeks ago. An Indictment containing three counts has been made against him. Heflln became annoyed at the ac tions of tha negro, who was boisterous ana upDraiaed mm,, wnereupon Juunay, according to Heflln's version of the af fair, became more noisy. After a few angry words the congressman drew his revolver and shot, one bullet striking me negro in me neaa ana anotner pierc ing the leg of McCreary, who was stand ing on a street corner. . Diphtheria at Hood View. (Special Dispatch to The JoorntLl Hood View. Or.. May 13 There la one case of diphtheria In the family of William Murray of this place. Jessie. the little daughter, was taken ill at school last Wednesday. The home has neen quarantined - ana tne school Is closed, it is greatly reared It may aproau. Dr. Hamilton Succeeds Dr. Mas ton. (Special Dlspateb to The Jonml.l Klamattr Fallsr Or.. May It. Dr. ft. R. Hamilton has been appointed city health officer and physician, as Well as pnvsician ror tne reclamation service,. to fill the -vacancies caused by thsdeath of Dr. O. W. Maston. Dr. Hamilton came to Klamath Falls a few weeks ago xruin jHRuio, uregon. . -.. A Calif orniaa's Xnek. '"Th . 1 link I .f Aair a, ; . --- j win wucn uuugui doi or t5UCKien 8 Ar nica salve," wrues unariea jr. Budahn. Af Tr.cV fO 1 1 frtr I '"T-ire- i : cured roe of an annoying case ofTtch- years and that yielded to no- other ireuiwni, ouia unaer guarantee -at puuuiin vrui compuj i store. Tjiils and Horses are a bad combination and the resnltant strained shoulderi and ; legs mnst be riven careful atten. " tion if your faithful beast is to - , be spared to yon. Prompt treat. ' . . ment la necessary and the best suited for the purpose it old '. reliable 'Mexican Mustang Liniment , Made of oils, famous for their -penetrating and healing qnati. r ' . titi it qoicklT relieves soreness.- i soothe the injured parts and - " removes all stiffness from the joints and limbs. . . : ' Scad for a FREE eornr of pvt valuabie booklet Touita fl am s Hone Doctor's Diary.' ' . Iron ManufacttiringCo., 44 Sp TiSlh Bt., Brooklyn, N.YjJ The Florence Central is the Richest the Honslcr Monarch It was from this mine that 105 100-pourid sacks of ore Were taken in April in eight hours' time by four men which netted the leaser $105,000, or $1,000 per sack. It was from the Little Florence, another Florence letse, that. the. leasers took tons of ore that yielded np $30,000 to $50,000 and some s much as $100,000 to the ton! v THE FLORENCE CENTRAL. MINING COMPANY HAS A LEASE COVERING A PART OF THIS STUPENDOUS , . . , And. for a little while we cannot say just how long we will offer shares. in this propo sition at 10 cents each, payable 25 per cent down and 25 pet cent per month. Included in this corporation is one claim adjoining the well-known Butte Boya, one in tha ' wonderful camp of Hart, south of Goldfield, and two at Silver Peak, aother section as well known in Nevada as is Rawhide or Hornsilver.r These latter four properties this company owns outright, and will belong to it forever.' As early ss December 2, 1907. . . WE HAD ASSAYS FROM' OUR SILVER PEAK PROPER TIES RUNNING FROM $16 TO $800 TO THE.TON. I So it is seen that thee are "not barren claims,' picked up to merely enlarge our hold ings. Every inch of each of these four claims we own are ours because we have tested their values, and -each will, we most - sincerely believe; . prove a mine of exceeding value. Like the Rawhide and Hornsirver camps the Hart' district is now more talked . about than wis Goldfield four years ago. " It, has the newspapers on the run ta keep track of it, "and property theife is changing hands with, the alacrity of an eagle's flight - . ' $500 ORE IN SIGHT. C : ; The Goldfield Tribune has large space devoted to the Hart camp, relating a find, ; on the Big Chief of ore averaging $500 to the ton, and reciting the sale of the Red Boy claim for $100,000. Full particulars of thij transaction is related, so filling the reader s . :: veins andbloodjvith;enthiisiasni tht:he instinctively f eels Jhathe.wpuld, desire to fly away to that land of gold. . - . : 4 : . . v vs THERE IS NO CAUSE TO SAY MUCH OF THE FLORENCE ' ' ' , MINE! - : " : It has made its owner ten times a millionaire; it has enriched every leaser that has' had to do with it and it will lavish its golden treasure upon those who have so wisely invested their money in FLORENCE CENTRAL stock, r - - , , . - A WITHIN A SHORT TIME THIS STOCK WILL GO TO 25 : CENTS PER SHARE. We already are crossentting from the Chedd shaft, as narrated in-previous advert tisements, and have let the contract for the sinking pf our shaft. This work is ging on now at a rate as fast as men can press the development, and -- -, . . . WE BELIEVE THAT WITHIN 90 DAYS WE SHALL BE IN THE DIVIDEND COLUMN. ' And our people happy in the receipt of more than their entire investment each month ; during the life of the lease. - ' ; WE THANK THE PEOPLE. . . . : In conclusion, we desire to thank the people of this city and state for the liberality: ' in which they invested in our promotion stock, sold to them at '3 cents per share. We ; ' Only wish we could afford to maintain the price at that, bufin so wonderful a property . this is impossible. And now we offer once again shares of the real value of 25 cents . apiece at 10 cents each, but only or a little while. First come, first served.. . : . ; florcnce Central IWiriing Co. Incorporated under the laws of Oregon' for $1)00,000, divided into 1,000,000 shares of thf par value of $1 each,1 fully paid and non-assessable. ' , , " - OFFICE 5 17, LUMBER EXCHANGE BUILDING Telephone Main 5514 President '. George Bever; - Vice-President,' John A. , Jeffrey; Secretary-Treasuref, M. Bever.' , ; . - ' " 1 ' . ' - Directors, George Bever; John A. Jeffrey and D. M. McLaughlin." -