Image provided by: Josephine Community Library Foundation; Grants Pass, OR
About Grants Pass daily courier. (Grants Pass, Or.) 1919-1931 | View Entire Issue (July 21, 1924)
page rom MONDO. JULY HI, 11*21. GRANTS PASS DAILY COURTTn You Will Save Time Ry asking us first for anything you may need in the line of Hardware Rogue River Hardware Company The WINCHESTER Store PERSONAL “S LOCAL Leave Vour Orders— For gladiolus bloom, grown by Mrs. Emma C. Ament, at Soul hern ! Ore. Gas Co. 55 Watermelon«. 2c Ito.— Glasses fitted at Letcher & Son’s. Grants Pass night. Tent tonight. At Truax Grocery. fit Get in the picture. Tent tonight. 61 51 Miss Marjorie llontlg has left for Fresh fruits—Tourist Grocery. If Portland, where aho will spend the A Bargain— Dance from nine till one nt Gold It), 26 and 3 5 cents for lady and next two weeks visiting. Hill Sat. nite, for ll.lt). 60 gentleman or two ladies, which It's western comedy, Tent tonight. means IT Vs cents each, at Tent to 61 night. 51 Fined for Disorderly Conduct— Mrs. E. H. Lister has returned Optical goods at Letcher A Son’s. C. C. Cornell and Lillian King ap It s the climate; it’s the show. from Portland, where she has been peared in police court this morning I visiting relative for the past week. Crowd the Tent tonight. 51 and paid fines of 1100 each on I.adies free night. Tent tonight. 61 charges of disorderly conduct, They ■ Mrs. Dana B. Fox of San Fran were arrested last night. cisco Is spending the summer with her sons. E. B. and C. L. Fox. at (¡<$hl llill 1 inner— I Applegate, Ore. fit» Saturday, July 19th. See yourself in pictures. Tent to night. Grants Pass Booster. 51 Mr. and Mrs. Henry Truinbly and Funeral llehl at Medford— Funeral service« were held at Mod family left this morning for Kali spell. Mont., when* they expect to ford on Saturday afternoon tor .Mrs. H. E. Burdick, who died at her home remain. I'll l>e there. Tent tonight. 51 in San Francisco on July 16. She W. C. Harmon came over from was a sister of Mr«. Fred M Merrill the Kesterson sawmill at Topsy and of Takilma. spent the week-end in the city. He Fancy Head la'll uve— expects to return there today. Tomatoes and green beans at Wilbur Davis has arrived In Grants 51 Pass from Portland to spend the Truax Grocery. summer with his brother, A. B. Vncntion Pholograpli«— Davis. Eat 'em up. Jake. Tent tonight. 61 Will alwuy« be a joy if you have Mr. and Mrs. P. A. Schallhorn and them finished nt the Artcraft Studio daughter have arrived from Albany 51 to spend a week visiting friends here. They were formerly residents of Marriage Lirt'lises Issued— Marriage licenses have been Issu- Grants Pass, having owned a grocery | | t>d to Robert t'arl Moore of Pasa store here. Mr. and Mrs. H. H. Allyn. Mr. and dena. and Anna June Malone of Mrs. C. R. Cooley and Mr. and Mrs. Wonder, and to Frank Ed Robert C. R. Bodler of Portland, returned son and Ida May Davis of Wolf EVELYN KINCAID lust night from a camping trip at Creek. Prospect. From Prospect they made numerous side trips, visiting Crater Kodak Finishing— and Diamond lakes, the natural A h good an the rent, if not the bridge and other places near there beat. Artcraft Studio. 51 LADIES fREE To those of our customers who want Monograms or Initials stamp ed on their materials and who ranno« walt, W« ret orninomi Reform Initials In stock In nil sis«'« ami combinations, nuide of pure wool Will not break—Will not shrink. Mrs. NELLIE NEAS JUST IN A fillT LINE OF TEAPOTS Imported from Kuglnnd Big Tent Tonight » S HINGLES — Our Shingles are Premium Star A Star, absolutely the l>est in Southern Oregon Three C’s Lumber Company West G Street Phone 59 I IT’S EASY TO TAKE with you. Some time this month or next, we hope you will be one of the lucky ones to knock off a few weeks.—and do nothing but enjoy life. Before you do it. come in and tell us: “Hand me over one of those compact little portables you have in your window, and about a dozen good records.” If you take our advice, you'll have a vacation as you’ve never had one before. You'll marvel at the playing of one of these portables which can be carried in one hand.—and you'll be happier for taking it with you, —anywhere. $12.00 to $60.00 The Music and Photo House S. Rowell Couch’s Pharmacy Harry E. Couch. Propr. FULL LINE of HAIR CLIPPERS $2.00, $2.50 and $3.00 10 per cent Cash Discount July Reduction Sale HELMER’S “The Home of Good Furniture" JOHN II VMM EL TAILORING Tuffs Bldg., 517 H Street Miss Fay Price and Miss Carol Peregov have left for Portland after a visit here with Mr. and Mrs. Charles Coburn and Mr. and Mrs. W. Riley Biddle. Mr. and Mrs. Frank Brewer and son left for British Columbia this morning. They have been visiting here for the past two weeks at the John Lloyd home. Don McKinstry and Johnnie Kin- caid arrived in town today from the Caves, where they have been work ing. They intend to remain in town the rest of the summer. Want Stores to «’lose— A committee from the Chamber of Commerce is to start work on ! soliciting business houses to close for two hours during the grange picnic Ion Friday, July 25. This would be i between the hours of 2 and 4 o’clock when Governor Pierce is speaking. The committee is composed of R. K. Hackett, C. H. Demaray and F. L. Vannice. ample CLEMENS Bells Drug« and Books ZU New Brunswick Records Today at Rowell’s al Barnes Jewelry and Gift Shop Men’s Oxfords Brown or Black In Calf or Kid, all IJCATHKR, Oxfonls that are st) 11-1» al •oilin' time com furiatole and SERVICE- ABLE—H4JMI, HA-tMI. ».N.IH», Woodward’s Nilo EH FOB THE FAMILY will remain in Grants Pass one more week, changing plays each night, but never changing prices Children...... .... 10c Adults 25c Reserved Chairs__ ____ 10e Making Best Seats 35e A flash light picture of the crowd will be made—so be in it. Ladies Free Tonight 2 Ladies or lady and escort admitted on one paid 35c ticket tonight only. It’s the csh “ we Grants Pass Gateway to the Oregon Caves THE CALIFORNIA OREGON POWER COMPANY CALIFORNIA OKHA>N PUWYR COMPANY Preferred Capital Stock Price $98 per Share YIELDING 7.14% The proceeds of the sale of this stock will be used exclusively for new, income-producing additions to and betterments of property and equipment. It HR PAR IN >A3 IN PAOGRKSS THE COMPANY THE STOCK The history of The California Oregon Power Com pany shows a substantial growth in facilities snd earnings resulting from the large sums of money in vested in its properties and from the development of the territory which it serves. Par value $100 per share. Dividends have been paid on The California Oregon Power Company Preferred Capital Stock each quarter since issuance, without interruption, at the rate of $7 per share per annum. Dividend checks are mailed every three months. Proceeds of all securities sold are devoted exclusive ly to additions to and betterments of the Company’s properties. The stock is not assessable by the Company for any purpose whatsoever. It is non-callable, and if pur chased at the present price, yields a return of 7.14% on the investment. It is exempt from Federal Normal Individual In come Tax. It takes precedence as to assets and dividends over common stock amounting to $4,441,100 par value. This means that all dividends on the Preferred Stock must be paid in full before any dividends may be declared on the common stock; and that the Preferred Stock has a claim on the assets of the Company prior to the common stock. The equity in assets back of the Pre ferred S’ock amounts to more than $9.000,000.00 as of May 31, 1924—over two and one-half times the par value of the Preferred Capital Stock now outstanding. Steady Growth in Customers Served The territory now served by The California Oregon Power Company includes parts of Jackson. Josephine, Klamath and Dou;;laa Counties in Oiegon, and Siskiyou County and parts of Shasta and Trinity Counties in California. This is an area equal to the combined areas of the States of Massachusetts, Rhode Island and Connecticut. During the ten years from 1913 to 1923, the num ber of consumers has grown to the present total of 18,225, an increase of 177"r. Due to the increasing use of electric power for industrial, agricultural and do mestic purposes, the Company’s output has grown from approximately twenty-six million kilowatt-hours in 1913 to one hundred and fifty-two million kilowatt- hours in 1923—an increase of 475%. In addition to its local consumers, the company en joys a large and advantageous wholesale contract demand from other power companies, thus greatly expanding and diversifying its field. Increase in Facilities SPECIAL NOTICE ■ i THE EVELYN KINCAID DRAMATIC CO. This is the time of the year when Items such as the follow ing are most useful no matter where you go: Couch’s Pharmacy Swifts Premium Hams and Bacon The Truax Grocery “The days of old. The days of gold. The days of ’49,” Miss Kincaid as the girl J. Burt Burton as the man Canl of Thank« I wish to thank the friends acquaintances for their kindness floral offerings in my sorrow. Mrs. J. D. Dugan. Be sure you have an supply. FOR FILMS. DEVELOP« ING AND PRINTING In by 0 a. m. out by 4 p. m. “THE GIRL OF THE GOLDEN WEST” Printed batter wrappers for at the Courier office. ABSORBENT COTTON. ADHESIVE TAPE. GAI ZE BANDAGE. IODINE. SNAKE BITE REMEDY. SKEETER SKOOT. To MM* them la to buy them. And the play is Thr Romantic Story of Sunday Schools to Meet— The Sunday schools of Merlin. Hugo. Pleasant Valley and Oak Grove will hold their group gather- ings at Hugo. Sunday. July z 27. <. Special speakers from Ashland and other points will be present, The gathering is to be under the auspices of the American Sunday School I Union. It will be an all day gather ing, with a picnic dinner. felt. The company owns and operates eight hydro-elec tric plants in Southern Oregon and Northern Cali fornia. In building these hydro-electric plants, natural resources are developed which will be productive forever. The Company’s main trunk high tension and distri bution lines at the end of 1923 were 1550 miles in . length. Tne actual investment in the construction of these facilities has increased from $4,787,624.35 in 1913 to $11,752.616.19 in 1923, exclusive of valuable water rights and intangible assets. Immediate Future Development The Company is now engaged in building a new 4,250 horse-power plant on Link River at Klamath Falls, and an additional power plant with a generating capacity of 40,000 horse-power at Copco on the Klam ath River, together with an important extension of its high-tension lines. A large part of this increased pro duction has already been contracted for, in the case of the new Copco plant, and it is estimated by the Company that the new facilities alone will increase its net earnings by more than $400,000.00 a year. where your money does its Upon the completion of the new Copco power house, the new Link River power house, and other projects now commencing construction, approximately Five Million Dollars in new and productive property will be added to the company's physical assets. The stock may be purchased in any amount from one share upward. It may be purchased either for cash or on our special savings plan, namely, $5 per share as first payment, and $5 per share per month. Interest is not charged by the company on unpaid balances. Interest is paid by the company, however, on all partial payments under the savings plan at the rate of 6% per annum. Interest checks are mailed to subscribers under the savings plan every three months. Subscribers who find it necessary to cancel their installment subscriptions will be allowed a refund of all payments made, plus interest earned, either in cash or in paid-up stock. (A deduction of $1.00 per share will be made to cover the expense of cancellation.) The stock is listed on the San Francisco Stock and Bond Exchange. THE RECORD OF TEN YEARS’ GROWTH Year Value of Physical Prop erties (not including water rights, etc.) 1913 1923 $4,787,624.35 $11,752,616.19 Gross Revenue Operating and Maintenance Expense Net Earnings without Deducting Interest or Depreciation Kilowatt Hours Generated $203,515.03 $775,940.81 26,485,359 152,124,781 $347,261.70 $143,746.67 $1,370,544.78 $594,603.97 THE CALIFORNIA OREGON POWER COMPANY Offices: Roseburg, Medford, Granta Paas, Klamath Fall«, Oregon Ask any member of our organization, or mail this coupon * Yreka, Dunamuir, California . ............................................................ . .................... THE CALIFORNIA OREGON POWER COMPANY MEDFORD, OREGON Please send me full information about your 7% Preferred Stock and special partial payment plan. Name Addreas
