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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Aug. 21, 1910)
THE OIlEGOrJ SUNDAY JOURNAL, PORTLAND,' SUNDAY LIOHNING, AUGUST 21, 101D. t-. .- wmm days wm Oil U. S. Steel and Other Leading ( ' Stocks Decline-Standard ; , Rakes in Usual Modest DM " dend.. - . . '' . yC," - PuiHib' Prw leand WIr.l , New YorK, Aug. 20. Trading nn the stock market was dvU and narrow to Tday, and owing to tne fact that many trader -wejje out at -town,' the volume was liaht.v United States Steel was one of the weakest features, and 'the HarrM ' t mari Issues were heavy. - Southern . Fa ctflc started' with ft decline of three eighths and Union aci He vltt a reces-, slon of about th eame amount. .Amal gamated .Copper and' American Smelt ing and Refining both .closed three eights higher. 0 i The market ; was exceedingly- dull -after the opening. This was a holiday fon London stock , exchange, which was another? element making for dullness. - The healthy bank statement lent a . good tone to what tittle trading there -was. There was an interesting rumor that a Brooklyn' -syndicate" had been formed to take a great amount of. bonds. s Thia, it is - said, , would herald ; a . big 'stock-buying campaign. Hock Island became 'somewhat heavy , and it closed one-fourth off, - .An ef fort was made to bid up Pennsylvania. As it was, this stock closed ne-half " to one point Klgher.Commlaiion houses .were almost entirely deserted during the ' short ,es1oh. i VY -;.: :"i;-H. . The directors ' of the standard Oil 'company this week , declared .the regular quarterly dividend of $6 per share on its million shares of stock. John D. Rockefeller's portion of this dividend Issue is -$1,120,000. ' w ; The report of the American Smelting company., for the ..year ending April SO last has been Issued and it shows 7 . per cent earned upon its common stock in that period. tit report shows the company had total earnings of $1,548, '287 aurnlna over the ' dividend. A?' though this Is not as good as 1909, nevertheleseJit is satisfactory. i The , directors of the International Harvester company will meet on Mon day to take a dividend again. In the matter of dividends there is 'no Indus trial company better fortified, than the International Harvester company.. The i earnings of . the company this year are expected to -show a substantial increase ' av those renorted last year. ' .-. Indications pointed to' a substantial' increase in buslnes for the year, And deducting a-4' per Cent dividend from - thisr.ths sum of 48,600,000 wouW be ' left for surplus; In fact, the reveriue is about 15 per cent on the company's common etocR.. 'S. ;xA... xnex report., of.., the Kansas City : Southern railway will appear next - month, arid it is confidently expected, . according to statistics already In, that the company wIi show earnings of be tween S-and 4 per. cent. on. the com mon stock.The gross earnings are the largest in" lh history Of the company. r- Thfe-earnings, of thaTere ; Marquette rail waf for.tha fiscal year just tlosing were the highest; in , the roada history. , The road' -earned, between 4 and per cent on its preferred stock. This 1 the -first time. that the roadjhas earned dividend upon its first pre ferred ' stock, .and .it is now assured that dividends will be. disbursed begin ning June,1 1911, whan the 'cumulative clause goe Into effect. Increased business on the Colorado Y " "Western railroad Is leading to a new stock and bond' issue". m HAVE BURNED TO DEATH IN FOREST RRE (Continued From Page One.) as soon as they were available. They - 'will probably , be here within the next three days. Fearing that enough men could not ba secured in this manner, Acting Supervisor Swennlng tcfisk the matter up with tha reclamation service asking tnat the men engaged on the irrigation system at, Klamath Falls be sent to Buck Lake to. fight the fires on Clover ' creek. - He has not received a reply at ' a jaxe nour inis evening. Ashland's Water Supply Threatened, The fires that are beyond control on the Ashland divide have already burnel over two square miles, and are spread' ing with the greatest rapidity. Over 100-men are flglmng this fire and IS "additional were sent out late this after-, noon. This fire la working havoo with tha Ashland water supply, as tha 'tint v ber being burned Is , entirely on the water shed of Ashland creek. Ashland has had a short supply In the past and It la feared that With Impaired storage -tha supply will ba so greatly diminished . , .that It will work a great injury to tha city. Several private holdings of tim ber have been burned over and tha dam age is tremendous. It is for the pur ' pose of controlling this fire that the ri 'quest for- the .Ro8eburg' company of muiua was sent in. . The fires in the nftlrhhorhnni nt M McLoughlUi are of a. far greater extent 'than those neiv Anhinnd u on square miles ; of territory nava been burned over and. tha loss is extremely heavy, .especially in tha forest reserve. Private holdings have not been damaged CURES RHEUMATISM 00 Rheumatic j.OO Per bottle. . r Tn bottle. JiiTTXRiiAt remedy rom. RHEUMATISM a rrrxAvr roxxs. Sciatica Neuralgia " Nervousness Sleeplessness Nervous Headaches Neuralgic Headaches Nervous Dyspepsia Nervous Affections EIGHT-STORY BUILDING SOOii TO BE BUILT ON THIS CORNER rT mmr"?tsrr, .iw. mum,, , , . . i 'O'T vM ' ' '. : h r Nsssw. mmmmmmmxmammM-' & f, v ' if ' i 1 f 1 ' . Y , ; ' - ' , t i . I -.-', ') . t :' h 'sv Y: 1 : J " V ft ; ; ; - i fsf A- f ?, il i ? ."-..,? , ,,. T !f ' YiS ;, ?Yf :ff Hi li if 1 t fir' .; J ' W . 1 y ' ' ' 'Y 'S f-'' " " ' " ; 1 .... -yv:-:'W; - - flW ' BSeWK; - :; - y L:rlrf' Property at southwest coraer of Sixth-and Yamhill, owned by J. C. AIns . - ' worth. Negotiations are in progress betVeen John C . Ainsworth . and Ellers Piano company for the lease to the latter, for a term-of 3a years,. of the quarter block at the southwest corner of Sixth and TamhiH streets.1 While no definite con tract has been tmade, it is kntfwn that Mr; Ainsworth has submitted a propo sition to the Ellers company in which he offers to put up at once an eight story , class A, building on; tna property and lease it for a term of 20 years. That tha proposition will be. accepted and the contract of lease closed within the next few days is believed by; both parties to the negotiation. v w Mr. Ainsworth said last night that If. his proposal were accepted that he would Immediately begin the erection of the building, and that It would be modern, $ story, fireproof structure adaptedJto mercantile purposes. TRADE SUPPLIED BT ' rfA7WrAIlen-&Co: . wholesale-and Retail Drugglata,' !5th & Marshall Stj., Foffland, Or. PACIFIC COAST AGENTS. - v. to any great ; extent as '.y'et.T.trat: are in imminent dtw,!; :-3.4''&f &ala May Ba Only .Bopa,'i.:. Troops have reached this firs "and are at present engaged In an endpavor- to control it. So great, however, is the teritory covered , that it is feared that tha only possible check tha flames can receive now is from rain, and there is a prospect of that. : -"' - " A number of settlers on the lands northeast of Butta Falls known as "un surveyed," are said to have lost their homes' in a branch of this great fire which swept .their neighborhood. Two sawmills in this . neighborhood, Olsen's and Hawk's, are also " said to have been burned.' Twenty-five soldiers wr sent into this territory today ' - Supervisor M. I Erickson of the local forestry service, has. nearly ,160 -men fighting flames; near Four Mile' lake. On Friday he drew on the timber crews around Pelican bay and these men. equipped with three weeks supplies, are now at the front, Bnok to Assist In Work. C J. Buck of Portland, assistant dis trict forester, will arrive in the morn, ing for the purpose of assisting Acting Supervisor Swenning in the directing the. work from this cRy Mr. Buck formerly had charge of this forest and la familiar with it It seems unlikely tonlgitt that the local officials will suc ced in getting men from Roseburg, as a fire Is reported on the south Umpqua, which is said to ' be beyond control Acting Supervisor Swenning was noti fied this evening- that all of the avail able ' men In that neighborhood were neded there. However, this does not apply to the militia A new fire was reported this evening to have broken out on the south fork of Rogua river, about -4' miles southeast of Prospect This Is said to be gaining greatly in volume. Another new fire was reported on the north fork of Lit tle Butte creek. There is but Jittla djjubt but that the firea were, for tha most part, set out It la understood that , the government now has: secret service men on the ground In an effort to apprehend the miscreants, j ,v ' : FIRE IN DOUGLAS IS .NOT DOING GREAT DEAL.: OH DAMAGE IS BELIEF - - 8wcili DtlDttck to Th Ionraal.1 ' "'' Roseburg, Or., Aug. 20. Forest fires are raging on .; the headwaters of; the South Umpqua above Tiller, about 75 miles southwest of Roseburg While there has been a call placed' with the local forestry office for 100 men, it is thought by people who know the sec tion that the fire is not so damaging to timber j as lit U , reported. "The fire sweeps over many hundreds of acres. burning the dead brush and leaves under the big timber without any . material damage to the standing timber. This section burns over every year, and la not thought to be in any danger of loss, even If a call has been placed for 100 men to -fight fire. A company of the local militia will be called out Medford placed a call for 100 men. from . Rose burg today to .help - fight fire in the Crater Lake fire. Probably half of this number will be supplied by tomorrow. TlMBER:BAR0NS PLOT TO GRAB , 1 -"7 OREGON'S FORESTS (Continued Frtim Page Ona) -' interests ff "theTteople, but . rather for the benefit of the larger interests which have, mentioned. Wo Merit In Tlea. There is very little land within the reserves of Oregon that is fit for home stead settlement and the plea lor tnose who are in search of homesteads is ab solutely without merit, for, under the law as it is today, the actual homestead er can procure title to lands within these reserves under the homestead law where the lands are more valuable for agricultural than for other purposes. "This," conunuea (senator unamDer- laln. . "explains ' why Mr. Hill of the Great Northern Is so anxious to have the. forest reserves of Oregon opened up to settlements- am . m iavgr oi opening--up--the agrloultural-.lamls for settlement, but not f handing ovet- Vie timber lands to tne interests mai nave already hogged as much as thejr can. 1 believe in a policy or sane conserve tlam. That is the policy of Theodore Roosevelt and of Glfford. Pinchot It means the withholding of valuable tim ber from Interests. that will use If in creating monopolies and In maintaining extortionate prices. It means usig dis crimination in restojaAig lands to entry so that the homesteader who actually builds a home can secure farm lands while at-the same time preventing the big timber interests from obtaining a greater hold than they have at present Vrho conservatism advocated by Bai linger and proclaimed by bis local organ as to apportioning the lands among the people really means giving the. people s splendid heritage bodily to monopolls tio f Interests." The , conservatism s of Roosevelt and Plnchbt prohibits the big interests from possessing the remnants of the publlo domain, prevents wanton waste' and destruction or our resources and preserves the rights and opportuni ties of the home maker. ' Bill Important factor.. Y VI voted for the bill presented at the last session of congress, empowering the president to make temporary with drawals of lands, I believed that such withdrawals '-would go far toward the solution of the question Of our natural resources. . xao ' growin oi me consei vatlon movement has been slow but in volvlng a it does a great moral ques tioir tt will never be retired from politl cal or economic discussion until it has been rightly solved, and the party or the Individuals who opposes It must eventually be crushed by an outraged public opinion. "The man to whom the country owes more than to any other individual for calling attention to the wanton destruc tlon and waste of-our timber resources. to the dangers lnoident to this destruc tion' on the upper reaches of the streams which feed, the navigable waterways of the country, . both as affecting water flow and soil erosion is Glfford Pin chot; and President Roosevelt did not hesitate 'to say hat he himself received inspiration in thr-efjforts he made for the , conservation . of our " national re sources from this distinguished forester, "No greater tribute can be paid to him in the midst of the bitter controversy that has , surrounded him and his act than the fact that the president of the United. States and the secretary of the Interior profess to be as ardent support ers of the policy of conservation as he has ever been, differing only As to the methods which are to be pursued in that behalf. . "Those were the sentiments I ex pressed in my speech before the United States senate and those are the senti ments I bear now. I am opposed to the release of our timber lands to" 'the mo nopollstlc timber Interests." ome Inevitable. TV asked that B0 men ba recruited In -Roseburg. When . only 25 had been found news came of the big fire in the Umpqua valley. The 25 men that we had expected, to use in Crater Lake park had to be sent to the Umpqua and we need 76 more men for this one re. . , . . ... . ,; ,, There is now in th fiM th lar fire patrol of 500 mep, together with about 800 others, doing special service. For the government service alone hundreds of men are imperatively needed. '.This, does not include the forces that fight fires on private hold inga The eost of fire flahtinr to date has been more han $25,000. With the spread of flames the dally -cost is rapidly increasing." ' - - -..Y i r W'sglo Threatened. Y Reports of. leaser fires day from the John Day .country,: west Cf Burns, In eastern Oregon. A fierce fire is burning on the east bIods of the Mount Rainier reservation. No. news came from Buck Lake,- where a big area has been burned overs, j. Many ; of the . fires are caused bv campers. " Due to - the extreme gravity of thesltuatlon, Associate District For ester Cecil asked yesterday that the greatest care be taken, not only to aid in preventing the spread of the flames, but not to start the fires. He said: Few of the thousands of campers who annually make excursions to the forests on pleasure trps realize what great damage results from a little care lessness on -their part It is known that at least 25 per cent of the forest fires which have occurred In .Oregon in lores reserves, m uregon win mean their irobblln uo by the timber inter- Wtar-Bn' aef5r mrcr ClSil, the presiaent was empowered to from time to time set apart as national reserves timber landaf in the various states and terrltoriea This power was; used by President Roosevelt,, thus setting at naught . Bellinger's assertion while in Portland that the present admlnistra-' tlon has made the only substantial prog resa toward true conservation. By ne cessity the work, had to be quickly done, qiuu.. many liuich ivinmm taaciui cinm-. Inatlon of the soil or the growth wlth-r lh the reserve. Many of the lands in cluded in the new reservatons had been granted to the railroads. In these In stances the railroads were given the right to deed over their holdings to the government receiving In return equal areas in lieu thereof without the re serves. , . - ' ' ' : Blow Bauroaa rrontea. 'The Northern Pacific was one of the railroads, said Senator Chamberlain, that availed itself of this opportunity. It surrendered and deeded to the gov ernment practically worthless lands in the Mount Rainier forest reserve to re ceive In return thousands and thousands of acres of Oregon's best timber lands by what is called indemnity selection. The act authorised the railroad to se lect lands in any state where its lines extended. The Northern Pacific rail road had at the time about 20 miles of railroad in Oregon. "This right of Indemnity .selection granted to the . Northern Pacific rail way and the scrip which it had said Senator Chamberlain, "would enable that company or Its assignees to secure title and get possession of the splendid forests of Oregon now. held" In reserve If those reserves are ever, opened up by congress or by executive proclamation. "I have been Informed that the North ern Paclflo railway company has a con tract with the Weyerhaeuser interests, under the terms, of which much of the right of indemnity selection has been sold to the Weyerhaeuser Interests, but selections are made in the first instance under this contract by, the Northern Pacifio railway company. In addition to this there Is danger that the timber and stone act would be availed of in the future as In the past to secure these timbered lands In the Interests of east ern syndicates. Tobody understands this situation better than Louis W. Hill, and nobody understands better than he that the fight against conserva tion In the west Is not a fight In the DRIVEN BY. HIGH : WINDS, FLAMES .DEVOUR FORESTS (Continued From Page Ona) man yesterday evening to go to Wal Iowa and Ikkn chnrsa Aaalatonf Til. trlct Forecaster Buck left on the Shasta umitea,jast night to take charge of the an.. . V. Ml . uuuiiiiu vrsjun urg campaign, . . Clamor for Xilitla. ' 1 The fire fighters of southern Oregon are clamoring that the militia be de manded at once. Without the organised aia or aruiea men they consider the sit uauon nopeiess. Mr. Cecil said: , "Only as a last resort do we want call for the aid of tha miiin nut .iti. the shortage of regular troops and the impossiPy or getting enough men oi the ground to hold the fires it may be Perhaps uuwxmr 3t tou haven't got time to nvice prepare your own ads, or maybe you can't afford to hire a permanent advertis ing man. In either case see us about the prepara tion of your copy. ! Newspaper Advertising - ! older s, Booklets ' Circulars, Catalogs Inserts, Posters, eto. It Pays to jet the Paying Kind 33-33 Xafayette Bldg. Washington and 6th yghone, A-7083 the Ja.ft two years were started from abandoned camp fires or In some other way by campers. A camp fire, though it may be ever so small, if left with but a spark of life, may smoulder .for days and then when fanned by .the wind, break out and oftentimes spread over thousands of acres of timber land. ! Y Campers Are ''Cautioned. "Listen, campers! Think a mlnetel The forest fire means an enormous loss to the timber grower, to the community and to yourselves as well. Large forest fires drive out the game and in some Instances even , kill the fish in the streama-besides - converting th-.area burned over into a desolate; God-for saken country, unsuitable for recrea tion of any kind. When you go to the woods for a camping trip the forest is your home, and you should treat it as such. . Furthermore, it Is a borrowed home and Should be cared for even more carefully than your own property,- You would not think of leaving a fire in or near your home that might possibly break out and destroy your house as well as the houses of your neighbors. Is it not, therefore, your duty to take the same precaution to protect the for ests, which are one of the greatest re sources of the northwest? ; 'Some campers are careful, others make a haphazard attempt to put -out their fires, while still others go heed lessly on and leave their camp. fires to go out 1 they are so disposed or to smoulder and later be the source of a great conflagration. . Some of you may ssk Just whit U t!'. lr.y - r - Here are som-i hint: Hints for C.iwp !'. "First 'With a shovel. -cr r. remove all -the grin.-i, loaves. !! and other debris from it sjifit s s more feet in diameter and-bui'M a fire in the center. Be ur you h n- down to the mineral soil. u only Y era! soil can be depended upin t'5 conduct fire. ; O "Second. Do not build a flr Psa! t a rotten log or stump, for the fi.- works Into the decayed wwd and if U then impossible to determine whether It is extinguished or not. 1 "Third. Do not leave a fire until yru are absolutely sure that it is out. "Fourth. Do not throw away burn ing matches, cigars or cigarettes. WFifth. If you see ' a V fire. evm though it be a small ground fire, put it out, and If tha fire is so large 4ht you are unable to fight it alone, reroft It at once to some forest ranger or fire warden, who will take the proper action. A rass fire can often be beaten out with a wet sack, blanket or grea boughs. Dirt or. sand, whether wet r dry, is also effective. ' Going a short distance in advance of the fire and rail ing a path a foot or more wide is often effective.'' s Water, of course,; is effec tive lf.lt is obtainable near by. Y Eugene Guard: Y Officer Bonney has collected 160 in tdog taxes jjunng the past, week. Pe says dogs are scarce in Eugene, and he hardly finds any fe males, the tax on which is 1 5, while that on males Is 12.60.. ' ' ! DuiSIicity SERVICE T We are selling all low cut shoes at onethird off reg ular prices. All makes. High grade goods cheap. BETTER BUY 2 PAIRS dddard-ScIIy-Sho8-Co.- 324-326 Washington SU Near Sixth 8 vssr: Fall Styles M0YERS L iL JL Tailored by hand Made up in the most Stilish Materials and in the recogonized fashionable fall colorings These suits are equal to those sold in other stores at $20 Balance of Stock of Summer Suits at HALF PRICE MOTE Third and OakY First and Yamhill 89 Third ' " First and Morrison Second and Morrison Operate Your Automobile at Cost " Vhy shfetildyoa opersteyoor automobile at an enormous expenss, payw ' - - - - Ing full RETAIL PRICE for eTerything you buy, when by Joining tha ' v ; membership of the , Automobile Owners' Purchasing League; $50 The Sign of Eoo omicl Auto mo bile Operation and Upkeep. Yoa can bay all your supplies and sundries at regular- wholesale prices, , . 1 V Or EXACTLY WHAT YOUR RETAIL DEALER PAYS FOR THEM? to $300 Per Year . .Sawd Operating Your Automobile , - Garage storage at 20 per cent less than regular rates. Repairs 10 per, cent less than regular scale. Gasoline at 3c to 4c less than regu lar price. , . . .'.;. ,' , , - - ' A membership card in tha' Automobile Owners' Purchasing League.' eosts you $10JOO per year, which entitles you to purchase all your sup plies of us at, wholesale prices, -or exactly what your retail dealer pays , , for them. Our members living in the country buy at exactly the same , ' - price at bur members in Portland. '' " AH' goodsr,are guaranteed fres"h stock and first-class In every respect . ' , ' Y ' We have an interesting booklet that tells all about the purposes of the League, with a comparatir price list, showing hoy we can save you . ? ' from 8 per cent to 60 per cent on all automobile sundries, r This book Is . yours for the asking, and a post 'card brings it. Don't be afraid to v ' Automobile Owners' Purchasino Lcagus 522523 Spauldlng BuildlnarPorllan-J.- Orcsrs .. : ' 'Y -;. t , . .-. Y' .a '- i Y-' .. " -' ' ' ; - ' Marshall 2107, A tr.7 omcTwti Pre Went, Albert Olevelend (Free. Cleveland Inv, Oo.) Vice-Free., D. w. tJ3lnbrooi Treaenrer, Willi m xneece v . Socreiary, J, T. VTeart XJCCAXi WCVtr , . i;. A. i.... 1 1 rat. u'1 il
