ill
Hi
n.
EARNS larqb profits
ENTAILS NO RISK
IS DOUBLY GUARANTEED
CANNOT DEPRECIATE
CASHABLE ON DEMAND
CARRIES A BONUS
INTEREST BBARINQ
INCOME EARNING
INCREASED VALUATION
The interest on These Gold Coupon Real Estate Certificates Commenced May 1, 1908, and Is Now Accruing; Payable Semi-Anniially
rl ' ' -
rx i nfi rirrrnN
y UM MM
'-PROFITS This certificate has four earning powers bonus, interest, income and increase
valuation. . .
INO WSKIts principal and interest is held in trust and hence cannot be misapplied or dis-
sipated.
GUARANTEE In addition to its funds being invested in Portland Business Real Estate
tinder a trusteeshipr thcr Standard-Trast-company of-Portland, , Oregonrguarantees4ts-prin-
I 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 Trust company will purchase these certificates two years from
their date )f issue, paying the principal face value with a 2 per cent bonus and all accrued
interest thereon. J :
INCOME One half of the net income received from 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 per annum. , ' ' . V
INTEREST-rThe interest on these certificates commenced May 1, 1908, payable semi-annually
and is guaranteed absolutely, under a trusteeship,
INCREASE VALUE The increase yalue of Portland Business Real Estate has been
" steady and healthy and easily justifiable. Within the last few years-the eastern money inter
Tests" have fully realized the many and wonderful resources of Oregon, among which :are its
agricultural lands, its timber and its water-powers, all needing development and exploitation.
These resources "must all pay tribute to . Portland, and it is easy to reason why Portland bus
iness property has within the past five years, increased from 175 to 400 per cent and it . is safe
to predict that the next five or ten years will see even a 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 certificates and th? interest and income paid on them, one half of the increased
valuation of the property, being the difference between the purchase price and the selling
price -of the property, which can easily be estimated between 200 per cent and 300 per Jcenv
for every reason gives evidence, that Portland should have between 500,000 and 600,000 pop
ulation within the next ten years. ' r 1
1 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.
or newts t
- WM, H. GARLAND. President
I. W. LANE, Fimt Vice-President
A. J. DILLON, Second Vice-President
. JOHN B. MOON, Secretary
" H. P. DAVIDSON, jjoans
K. I WKKATKH, wasnier
DENOMINATIONS-p-These certificates are issued in denominations of from $25 upwards,
allowing the small investor ..-the same :, privilege of profit sharing and an equal advantage of -the
large and assured advances of Business Real Estate, 'as is enjoyed . by. the nian of great
wealthy Remember, the interest commenced May 1, 1908 ard is now accruingv':;:ri::r;v.-.,Tv,-.f.vl:.'
CERTIFlCATESThe following will; illustrate the sources" of income from our Gold Coupon i
Real Estate Certificates: ' . v , . , , " ,
' Principal Guaranteed v. . Amount Invested. , ; '
Interest Guaranteed '.; : 4 per cent Annually ; : ;
Rental Income i: V;...,.- .4 per cent Annually
1 Increase. Valuation" , . . .;', ....... . . 7 per cent Annually , 7
Profit on Investment should be. . . ... 15 per cent Annually .,
AND AS MUCH MORE AS THE VALUES INCREASE DURING THE LIFf Of THESE CERTIFICATES ,
INCREASED VALUES In the above illustration of "Increased Valuation" we have estV
mated less than 150 per cent for ten years, while Portland Business Real Estate has increased
in values during1 the past six or' seven years, from f 75 per cent to 400 per cent as illustrated
by the following: ; ' ' . 1 ,
, - PROPERTY. SOLD ASS'D VAL. INC. VAL. ,
Lot 3, block' 64 ... . . . . . .$33,000
East l2 blk. 43, Couch add . 70,000
Lot 6, H.'y2 blk "J .... 15,000
East y2 blk 313 25,000
Lots 5 and 6, N. Y blk. "I" 45,000
Lot 17, S. yz blk, 85 .... 13,000
$ 81,500
212,500
45,000
87,500
90,750-
Over 175 percent
Over 200 per cent
Just 200 per Cent
Over 200 per cent
Over 100 per cent
Over 400 per cent
5 -if SSSSNSrrS,, 1 U ni n II. II Wit. 'la YJ - OHAWC lfl or.-, a -jna n
flHHtf S gaS3Ml X HI tf: , - ,
ill I n vi urn 1 1 vii
67,000
Being a total average of over 203 per cent. - '
Comparisons of this kind can be secured, sufficient to fill many pages. These quotations
simply cover-ground values; exclusive of improvements. - - -INVITATION
We invite all to call at our office and we will be pleased to enter into full,
detail with them, explaining any subject of this investment which may not at once be clear
and to their full understanding. r '
ADDRESS Call on of address ' '
CHAMBER OF COMMERCE BUILDING
26W7 STARK STREET PORTLAND, OREGON
PHONE M 8623 A-1139
1 BADLY DEEDED
University Regents Submit
Reasons Why Money
Is Necessary. -
Office of tkt Board of Regents of
the University of Oregon, Eugene, Or,
May 11, 1508. To the. People Baaed
upon estimates submitted to the proper
committees, the last legislature by more
than two thirds vote, passed an act ap
propriating $125,000 annually for th
support-ana mainwnanpe or ne ijm
'Versitv of Orecon and for the construe
tlon and furnishing of additional build
ings, purchase or equipment, etc. a
referendum has been Invoked on the
bill and it will be submitted to the vut-
ri at; the coming election In June, for
approval or-rejection. - in view or tnese
facts the regents have thought it best
to make the following statement:
Since J 9 0 i the unlvnlty has depended
for its resources upon the annual appro
priation Of f 47,600. carried by the act
of that year, together with the Interest
on the university fund, incidental fees
and Interest on the Vlllard fund,
amounting to about $10,000 a year, and
npeciai appropriations from time to
time. The act of 1901 was Intended,
with the revenues from other sources,
primarily to cover the necessary cur
rent expenses at the time of Its adop
tion. It has been necessary to supple
ment the amount thereof from time to
time by special appropriations, that of
190$ being $66,100.
Kerga All JLppropriatioas.
'The purposo of the bill now pending
Is . to merge in one act all appropria
tions. The amount thereof Is based on
careful and what Is believed to be cop.- I
fervaii" estimates, and In the opinion
, of the regents-is necessary to bring' thr
university up to and maintain It at the
standard of -ef ficiency whJcb the edu-
P I L E
CURE
F R E E
Trial Packagt of Wonderful Pyramid
Cure Sent to All Who Send
. . , Name and Address.
' t - -
There are hundreds of cases of plies
which have lasted for 20 and $0 yeara
end have been inured In a tew days or
' ?, 1pUh tl warvelous Pyramid
1 tie Cure. i;. ; .
i 1'iles sufferers In the past have looked
t pon an operation as the only relief
lut peraUons rarely CUra, and often
tail to fearful results.
; Tba Pyramid Pile Cure cures It Te.
! fV'uth,1 ;welil,n1' ,toP" th eonges
tlon. heals the Ailcers and fissures and
the riles d Pjkar, There is no form
tt pilis which this remedy Is not made
to ure. - ",'''''' , '
Th Pyramid Pile Curt an be used
. t home. There Is no loss of time or
fletention from businesa . There is no
fir S.' Pf'w J evere that the Pyramid
Pile Cure will not bring relief. '
We make no tharje for a trial pack'
ee of Pyramid Pile. Cure. This sample
mil relieve the itching, soothe the ln
flroatnainbrane and start you on
ynur, way to a cure. After you have used
the snmple go to the druggist for a 60
-nt lm o( the remedy. Write todav
;i fumple rNsts vou nothing. Pyri
. rug Co., hj. pyramli Lido-,
u,f!.,ll, ilK'lk- ... ..v . ,
catlonal interests of the state- reaulre.
The bare cost of maintenance la noW
aDoroxtmatela 175.000 a year. Add!
tlonal Instructors are needed in several
of the departments, which will bring
tne amount for maintenance -to $86,000
or 190,000 a year. The library, whlca
touches all departments alike, will re-
?uire an annual expenditure of at least
10,000 for some years to bring it to
uie proper standard or erneiency.
Provision should be made Immediate
ly for the accommodation of the women
of the university by furnishing and
heating the present cottage and by tht
construction of additional cottages or a
general dormitory. This, It Is esti
mated, will take about $60,000. New
buildings are needed for class, labora
tory and recitation purposes, at .a cost
or approximately sva.uuu. -me neat
ing. power and water plant must be
enlarged, at an expense of $10,000 or
iio.ouo, to meet tne demands upon it
for heating. Irrigation and fire protec
tion. As soon hs funds are available
the campus should be enlarged to meet
present ana ruiure needs, ty acquiring
additional grounds by purchase, if a
satisfactory price can be obtained, and
lr not, Dy condemnation.
These several Itrma will mat trrmi
$125,000 to $160,000. and together with
others, developing- with the growth of
the university, will absorb the entire
amount carried by the present bill, and
all additional revenues, over and above
the expenses of maintenance, for a
number of years to come. -
This covers In a general way th4
needs of the university as we see .it
ana me use to o made or tne pro
posed appropriation.
There is another matter which should
be alluded to. The invoking of . th
reierenaum na reNtritA th mtivAr.
slty. since January i. 107 to th an
nual amount appropriated by the act of
ana suuut nu.oou a year rrom
other sources, making a total of about
ou,uuu a year, wnicn Has Deen inade
quate to nav the tunniiM ' Th Ha.
ficiency last year was met bv the boar-1
postponing all Improvements, purchase
ui lurnuure. aoaitional apparatus anil
the like, and hv nart nt tha fniilv
voluntarily foregoing their salaries for
me last Quarter or the ve r. ralvlnar
on the approval of the pending- bill or
subfieauent unnrnnrlii tlnn hv 1R Iss-ia.
lature for their -ayment - The salaries
and Incidental expenses for the present
scholastic year will amount to at least
b,umu, to meet which there -Is an ap
propriation of $47,600, Interest on land
fund, estimated at $6,000, Interest on
Vlllard fund. I2.S0O or total of 1S4.70A.
At the close of the present scholastic
year the university will therefore be
practically without funds and as the
law absolutely prohibits the regents or
faculty from pledging the faith of the
state for the university, In excess -of
the Income for the current year, it is
not apparent how It will be able to
open Its doors next fall If the pending
appropriation is defeated. - '-;
We may add that the regents re-;
reive no romoensatlon whatever for
their services, but realizing- (n the Aim.
charge of their duties In administration
of the university, they are. but servant a
of the people, they present the facts,
iur me consideration ana rinai deter
mination of the voters, without argu
ment. Respectfully submitted. -NEHEMIAH
U Bt'TLEH,
JAM EH W, HAMILTON.
CYRUS A. DOLPH, .
WILLIAM SMITH.
FREDERICK V HOLMAN, - '
R. 8. BEAN. .
J.-C. A INS WORTH.
MILTON A. MILLKR,
.SAMSON H- FRIENDLT.
. , Board of Regents.
JAPANESE OFFICERS
- HEAR OF DISASTER
' ' (United Preu Leased Wire.) "
- ToltJo, May 14. Touching scenes were
enacted at the naval port of Sasebo to
day, when the training squadron ar
rived here - and reported - officially to
Admtral'ITrtu, commander of the .port,
oil the reeent loss of the cruiser Matsu
shlma. -y '. v . -. .-- .- v -- . ,
Commander Yoshlmatsu of the squad
ron had the unpleasant duty of inform
ing Admiral Urlu of. the death , of his
son in the disaster. v
The sons of Baron. Chlnda and Field
Marshal 4 Oama y were evidently
drowned. ' .. ; ' , .
OF SWEETHEART
Ahin Heaton Breaks Down
and Confesses Killing
Girt He Betrayed.
(United Press Leased Wire.)
Kanab, Utah, May 14. Broken by the
constant sweating to which he has been
mercilessly subjected, Alvln J. Heaton,
the 18-year-old boy accused of the mur
der of his sweetheart, Mary Stevens, 17
years old, near Orovllle. has confessed.
The youth said he met the girl by ap
pointment In a canyon back of Or.ov111e,
lor the purposa of dlscusslna her trou
ble, for which he alone was responsible.
She begged hint to marry her and while
pleading- with him to right the wrong
he had dona he shot her four times and
secreted her body In a gulch under a
pile of rocks, where It was found two
day a later.
The two were schoolmates two years
ago and soon Oeeame sweethearts. The
Srl s parents did not frown upon
aton, as he came of a good family
and had always conducted himself in
an honorable manner.
; Three months ago, however, he caused
the girl's downfall. From that date to
the time the murder was committed
the boy tried to cast her off. but she
would not be deserted and wrote to him
frequently, begging him to fulfill his
promise to marry her.'
Driven to desperation, determined not
to marry hr, the boy arranged a meet
ing wtiA her la the lonely canyon.
. The tragedy Is very similar to the
murder of Grace- Brown by Chester Oil-
AXARCHIST'S WIDOW
RECEIVES BIG SUM
(United Press Lesstd Wire.) -,
t.lahcn. Miv 14. A - sensation has
been created by the publication in : 1
Mundo todav that tne widow or Manuei
S. Bunssa. who killed King Carlos, has
drawn $4,000 from an American bank,
the - money - having been deposited- to
her -husband'a - order." , An- investigation
is being made by the paper to find out
nrhn anoalted the money and ' Whether
similar deposit have been made to the
credit ot otner anarcnists.
San Francisco's
TWO BXW BOTSU
Vadar lb same uaaag-emeat
HOTEL JEFFERSON
rtrxx Am eotrox tsxxts
M Booma. 180 Private Baths.
Zuropeaa, Flaa tlO to $6.00.
Ameiioan rlaa tXOO to 11040.
HOTEL STEWART
OSABT 8T. ABOTX TOCO
QUAJUB. .
980 Booma. 180 Prirate Baths.
Baropeaa Haa flO Upward.
Oaf a la Carta.'
Baoh Xotal Beads' Omallma
To all Trains and Bteamera.
Stewart-Barker Co., Props.
BaJT TBABCZaOO.
Mexican
Mustang
Liniment
The Antiseptic healing agent for
Burns, Scalds, Cut, Bruises,
Sprains, Frostbites, Sore
Throat, Rheumatism, Aches
and any ailment reached
by external application.
The standard household .
remedy since 1 848. -, .
f,or Man. ant Beast.
se.,sae.sBdiatiotile, JunjJrorrista,
Ik laH TBAJrOZBOO. s I 1 (
j Overlooks the entire h !
CI Bay and Harbor. 1 I 1 -
Comm and Battle- nil
ft I A; ship row and the . I I
I fi .? fleet anchorage. 1
I f' Single rooms $1.80 L 1
I 'HI upwards. Suites f it I 1
I Jf": upwards. Every room l
Ij with bath. Reserve- . 'J
r- tion mada by wire. ' 1
I'C MAjrAOBJCBlfT " ' '"I
. V VAXACfi XOTXIi COIOPVT -Jf,
HAWAII VOLCANO
HOTEL ST. FRANCIS
SAN fRANQSCO
Each guest receives, without
asking, the response to the multi-form
requests of the most ex
acting pUl)liC ; '' , ,
The comfort of the preienf is
built upon the complaints of the
past, and Hotel St Francis to
day represent) the sum total of
a study of individual require
ments. t ; ; .
BATES XTTBOraAsT, TBOK M
, WW ABB.
UNDER THE MANAGEMENT OT
JAMES WOODS
THE PENINSULA
SAN MATEO 5
' CAUFOlUSU
A Twentieth Century Hotel of the
. Highest Degree of Koelleno
AMLWCAN PLAN
and
EUROPEAN PLAN
NOWOPLN
Thirty minutes by rail from Ban
Jtancisca Located In a beautiful
Xark of thirty years' cultivation.
11 the charm and delight of the
coun.ry combined with the' attrao
tlons and oonyenlences ot the me
tropolis. '' : For reservations or infonaatloa
address . .
X IAS. H. DOOUTTLB, Mgf,
. San Mateo, California.
1-
TEETH WITH OR
WITHOUT PLATES
OUT-OPTOWN PEOPI-13
Should remember that our force is so organized that we
can do their entire Crown Bridge and Plate Work in a
day if necessary. Positively Painless Extracting Free
- yhen plates or bridges'are prdered; We remove the most
sensitive teeth and roots without the least pain. Ten
chairs.. No students; no uncertainty but specialists
who do the most scientific and careful work.
20 Years m Portland. ,
WA W I VP AND ASSOCIATES
A ISEf PAINLESS DENTISTS
- - Failing Bldg.,- Third and '-Washington Streets. " ; -8
a, m. to 8 p. mN Sundays, 9 to 12. Painless Extrac
tion 50c; Plates $5.00. Both phones, A and Main 2029
SCARES PEOPLE
More Activity in Pit of Hale-
maumau Than for Many
Years Past.
SEE THE FL,EBT
By Btaytor at tbm
KEY ROUTK INN
OAXXAXS, OAJUTOBBTA,
Every 0 minutes trains leave the
hotel, connecting with Key Itoute boats
for San Francisco, passing the fleet at
anonor. . a. b. TtLUJUiULZt, jgaaaa-sc
(Dalted Press Leased Wire.)
Htlo, Hawaii. May 14. Not for many
years has thera been such a wonderful
activity in the pit of Halemaumau as
has developed during the last 10 days
There . has been fire In thai pit aver
since the overflow a vear an Inst Jimi.
ary but the fire was fluctuating and
uncertain. It would hiss h rim
for a day or two, then would shrink
away slowly. .
For some tlma pnst, however, the pit
-lag been gradually - fllllno- nn .. ,tw
molten lava, forced from halnv, v,o.
uUitil.ljj a dazxlLBC Jill jslxjam. lu
half a dozen places. As It cooled cones
would be formed and through these tor
renis or lira wouta spout until literally
melting themselves the cones would
collapse with a mighty roar into the
crimson lake of flame, this has been
witnessed by hundreds of awe-stricken
people, unable to tear themselves away
from the spectacle of almighty nature
m one 01 ner angriest mooaa. t -(
To Pardon Magfll. -j-f-i
. (Cnlted Preas Leased Wlre. -
Sacramento, CaL, May H Governor
Olllett has decided to pardon Arthur
Mag 111, who was sent to Folsom prison
for one year for manslaughter. ' Maglll
fa dying of 'consumption, it la alleged.
- Valued Sama as Oold. ,
B. S. Stewart, a. merchant of Cedar
View, Mississippi, says: . "t tell r
rcusiomers wnen iney ouy m dox oi
Itir. Klpg-a New Life Pills they get tUe
wortn oi mat mucn goia in weignt,.u
afflicted- wlthi constlpatlort, ' malaria or
biliousness." Bold under guarantee at
bkidjsort Drug company' store. J So.
IVIercHanls Savings & Trust
Company
247 WASHINGTON STREET
Capital $150,000
Pays' Interest on Savings Account and Time Certificates.
Receives' deposits subject to check without limitation as to
amount-. ' ? - , '
.'C Effects collections in any part of the country on most rea
sonable terms.
Acts aa trustee in all legitimate relations. . "
;? Cares for properties, collects rents, etc. -
Interviews solicited with those contemplating any phase of
our service. i r : .'.-r.--. - - ;, "