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About East Oregonian : E.O. (Pendleton, OR) 1888-current | View Entire Issue (Dec. 15, 1903)
Material allDescription j poors & Windows L to order. Building !' 10 nt. hr ck f, Line. . d,wood gutters for ulna Q""""6 Yard kSt. Opp- url nauaK fir f LOCATION i lffl better prepared eer to suppiy Ifo and bents wiui ,M that WEAR, are YLISH and are al- ,;, COMFORTABLE Shoes made to your measure. Repairing a specialty. A. EKLUND I p Coart Street 4 loved from Judd block. . ' D. BOYD i Real Estate for Salt iUl ESTATE of all kiodianddescriptlons. tapag from a small taeaov to one or lue modern and best quipped mansions with i the limit of the city urenaieton. ana iroin a of a few acres of alfalfa land to Itaand of acres of !it land. Call or Address Rnvn m rn..t c 'vvtut III VUill Jl( i 1 THE BEST THE CHEAPEST w mis in mind when you ift for tho International na a.oci; rood, use Kore for your cow tron- F. Colesworthy ! t for Lee Lice Killer J MIESCKE'S i EAT MARKET ' meet the l0weht prleeH U by aiivr.un w alwayn OKT GOOD 'AT when mImu.1t.. mil COURT ST. "'tmlnHthe place. D DRY WOOD All Kinds good sound v.ood ueuvered at 'liable gr;,M F Cash. W C. M1NNIS at Neman's UK store. LARGER llNO DAILY EA3T OWHOONIAN, PENDLETON, OREGON. TUESDAY, DECEMBER 19, 1W3. STANDARD OIL PROFITS ARE FORTY-FOUR PER CENT One-Slxth Larger Dividends Thlt Year Than Last for Holders In the Great Monopoly John D. Rockefel. ler Owns One-Thlrd the Stock of the Corporation Yearly Profit $44,000,. 000. New York, Dec. IB. Those persons rortunate enough to own Standard Oil stock received a handsome Christmas present today In tho shape of checks for their share of tno $12,u00,000, rep resenting mo rourth and last quarter ly dividend of the year. Tho dividend disbursed today amounts to $12 per share, which Is an Increase of f2 over tho dividend declared at this time last year. This brings tho total dividends for tho year to 44 per cent, or $44,0ii 000 in dividends for the full year. There Is no regular rate of dividend paid on Standard Oil stock. The dis tribution Is made out of tlio turnings of the quarter. When the directors meet slips or paper are presented showing the profits up to date for the quarter, nnd the directors thereupon deride what amount shall be distrib uted In dividends to the stockholders. In the fall and winter months, when the use of oil and kindred products is larger, the dividends declared are proortlonatoly larger. John D. Rockefeller Is credited with owning 33 per cent of the stock of the Standard Oil company, and his re ceipts from the earnings of the cor poration during the current year ap pear to be approximately $15,000,000. The four quarterly dividends of the corporation this year are as follows: March. 20 ner cent: June. 7 uer cent: September, 5 per cent; November, 12 per cent. In the first quarter of 1902 20 per cent was declared; second quarter. 10 per cent; third quarter, 5 per cent, and last quarter, 10 per cent. The increase In the dividend during the current quarter is due to larger earnings, resulting from a sharp advance in the price of oil. Ac cording to an official of the Standard Oil company, the corporation carries no surplus, giving the benefit of all earnings to the stockholders. Leads World in Size of Payments. The Standard Oil company is now disbursing more money to stockhold ers than any other corporation In the world. The United States Steel cor poration held first place as a dividend payer previous to the reduction in the common dividend and the conversion of preferred stock Into bonds. It now ranks second to the Standard Oil company Since January 1, 189". the Standard Oil company has paid to stockhold ers more than $275,000,000 In divi dends, Of that amount John D. Rock efeller has received more than $90, 000.000. Since 1891 the disbursements of the corporation run close to $375,- 000,000, or nearly four times greater than the $100,000,000 capital stock. A fair Idea of the magnitude of tne dividends of the Standard Oil com pany can be obtained from the fact that the Pennsylvania Railroad com pany, within the last 67 years, has paid something like $215,000,000 to stockholders, or $00,000,000 less than tho stockholders of the Rockefeller corporation have received In six years. In view of the fact that oil has been advancing on tho strength of reports that production is falltng on very rapidly, the present increased divi dend of tho Standard Oil company has caused considerable Interest In finan cial circles. People In close touch with thu situation say that it is very unlikely that Rockefeller Interests would agree to an Increase In dis bursements to stockholders If they bel!eed that an oil famine was threatened. t i SPORTING BLOOD A Notice to the Men. Wo are now prepared to treat our m:iny patrons with the face and scalp vlhrassage truatmont Our machine is of the latest patent, and appliablo at any hour of the day. Everything new, up-to-date. Finesi Dam Id the city. We have also in connec tion the electrical race ana ncmp treatment, something very beneficial to the scalp and fare. The only shop fitted with all the run ireaiineiim. Vibnissage treatments, electric treat. mnts, plain massage, baths, etc. KKASSIli & diiaiw. One Hunareo uoiwis a Ik the value II. A. Tisdale, Summer ton, S. CV places on DeWltfs Witch Ha.ei Salve. He says: "1 had the piles for 20 years, I tried many doc : . ji.i . u fnllori ex. tors ami memviuw, - ctpt DeWltfs Witch Hazel Salve. It 1 .... , . V. I . 'i 1 1 fin fT t h M cured me." is a. iuuimii --- .... iirll. IffiTal with Mealing propcruuu ui nn.u ,... ....- nntlseptlcs and emollients; relieve A. .., liiinil bleed unu pernmueuiij vu.o , pg, Itching nnd protruding piles. koj ps, cuts, bruises, eczema, salt rheum and all skin diBeabcs. Sold by fpA11.nnn fV frt X 'ill U IV Iowa Fraternal Men. 1 . ImU'51 Des Moines, ia.. uec. --'"-Fraternal congress began Its annua meeting In Des Moines today ami will continue In session until Mlday I principal business is u if possible legislation at tbe com ... .1.0 ir,,n mate legislature. session "i i--5 fit. Soe DEAN TATOM. m.n.ntly cured Vnk Cures' A pleasant herb. J.qo " wakes """"LT TSL wrt T and happy, you oat, sleep, ""j. r poner Satisfaction SU"ntV Schmidt back. 26c S r v' L Co. Is apt to run in any family, and so are Colds. To cure a cold temove the cause. ? A cold is caused by the t closing of tlie secretions t potos that carry otl thu waste matter of the body. tut: J. ATWOOD'S I-j axative COLD TABLETS YOUR CREDIT IS GOOD For ono of our high-grade Sowing Machines. Tho Singer is acknowledged to be tho most porfect sewing machine built. Time lias proven it to be tho beat machine for any pur pose. Wo would bo pleased to have you take a Singer on trial. We know what the result will bo, for a trial proves its merits. ABmnll payment down and thu balance in easy pay ments. Office 5o9 College Street P. A. LOVETANG, Manager. 1 DO YOU ENJOY A GOOD SMOKE? Cures a cold by removing the cause. It contains Quinine for a tonic to tone up tho system, Ipocac to open up the secrc- f tions; Cascara Sagsada, a mild, gentle, thorough physic, to "f 1 force the accumulated poison from the system. Atwood's f Laxative Cold Tablets ate sold on an unconditional guarantee f No Cure No Pay. No red tape about it, you get your money back. For sale by "f BROCK & McCOMAS CO. Cor. Main and Court streets, Pendleton, Oregon. t .....t Try "Pendleton Boquet" and "Pride of Umatilla." Made at home. A. ROHDE, Maker. ll . -i 4 4- fr- f,.-i,-4- .-t-.'f.-i..." .f , We Offer no chromos and no Prizes Did you ever stop to think ? That no man is in business for his health? That all must make a profit to live? That the business man who gives a prise with a purchase must charge more for his goods or give an inferior article? Some one must pay for the prises That some one is the party who buys the goods. We have one price for all the lowest price that first-class goods can be sold for. Our stock this season is the most complete col lection of the very latest and most desirable Christmas goods that has been brought to Pendleton. We have many new creations never before shown here Among the special lines which win the admiration of all who have seen them and where you will certainly find just the thing you are looking for to please your friends and relatives THE CELEBRATED LOUWELSA WARE In Jardineers, Vases and Steins The Beautiful Perfecto Wetter Ware IN VARIOUS SHAPES AND SIZES Toilet Sets in Stag Horn SHAVING SETS Beautifully ornamented and plain mugs, brushea and morB POCKET KNIVES MUSICAL INSTRUMENTS PURSES POCKET BOOKS WRIST BAGS i HANDKERCHIEF BOXES . COLLAR AND CUFF BOXES FOUNTAIN PENS TRIPLE PLATE MIRRORS. New Designs MILITARY BRUSHES Smokers' Sets, that win the admiration of all smokers Holiday Clgam Cigar Cases Hand Mirrors Manicure Sets . ,, , t Toilet Sets Ornamental Candlesticks , Perfume Atomizers, very artistic, , ' Fountalu Pens Lowney's Fine Box Candies i Calendars and Curds . , Especial attention Is direoted to our Perfumes. New cut glaHB and fancy bottles and the new style boxes I