CENTRAL POINT AMERICAN
|
STA TE M ARKET NEW S
• nd FA R M T A L K
| lamette valley this fall, an increase
o f merchandise, Professor Blood o f
Free Lima B ooklet.
The state lime board has compiled
an 8-page booklet containing much
valuable information for farmers in
the use o f agricultural lime in main-
tainence o f soil fertility, which may
be had on request at the office of
the State Market Agent, 712 Court
House, Portland, or o f the State
Lime Board, Salem. Practically all
of the soils in the Willamette valley
and the coast counties are in acid
condition and the matter of bring­
ing them back to high fertility is of
outstanding importance.
Fined fo r Sh ort-W eigh tin g
The state potato law provides that
in sale or shipment o f potatoes in
lots o f 50 pounds or more the stock
must be graded and the grade and
seller’s name stenciled on the sacks.
A large Portland fruit and produce
company put out potatoes in sacks
o f slightly less than 50 pounds in
weight, thus evading the grading and
stenciling provisions, and put them
on sale, but the sacks were marked
60 pounds. The state weights and
measures department promptly ar­
rested them for short-weighting,
when they were fined $15 and the
court costs.
L a rger W heat Surplus.
The U. S. department o f agricul­
ture estimates there will be an in­
crease o f 14 per cent in the acre­
age o f winter wheat in the United
States next year, while there will not
eb any material increase outside o f
this country. If the winter and spring
wheat yields in the United States
shall equal the ten year average, the
department estimates the exportable
surplus will be considerably larger
than that o f this year.
of about 2000 acres over last year.
Mint has been found a profitable
crop in the valley when grown on
suitable soils. It is reported that on
irrigated fields $175 per acre can
be produced, while the cost per acre
is about $75.
the advertising department o f the
University o f Nebraska declared be­
fore the Lincoln Ad club at a lunch-
! eon at the Lincoln hotel here recent­
ly-
If anyone has found a means for
| bringing about a rapid turnover with
I out advertising, Professor Blood
Canada Leads in C o-O peration.
; said he had never heard it.
He de-
Canada is making more advance­ | dared that advertising has taken
ment in the way o f co-operaion ! away about one-half o f the work of
marketing of agricultural products | the old fashioned salesman. Grocer­
than any other country of the world. ies used to be sold over the counter
Approximately 430,000 farmers out | Today they are bought over the
of a total o f 700,000 in the domin­ ' counter and the newspapers and na­
ion are selling their products through tional publications do the selling.
such organizations, to the value of
In some stores they don’t use a
$300,000,000.
Canadians respond counter to sell over, the customer
readily and loyally to the movement picks his goods from the shelves. The
and many powerful co-operatives written sales talk has an advantage
are bing built up. When more than over the spoken. It can be given
50 per cent of the farmers of a more thought. Where the sales talk
country o f the size o f Canada com­ may reach the ears of a couple of
bine for mutual protection, there is persons, the advertising talk is read
significance in the co-operative by thousands. The written sales talk
movement.
reaches the heart o f the home. It
has an intimate message.
O ue H undred Tons o f
Horseradish.
Rossi and Orsclli of Beaverton
have a horseradish farm o f 23 acres
that is attracting considerable state
attention. The farm is beaver dam,
tiled, and from it they have sold one
hundred tons; 60 tons o f grade No.
1 and nearly the same of grades No.
2 and No. S. Tl.e owners say they
cannot supply the orders received
and that there are ready markets on
the Pacific coast for far t more of
the roots than they can produce.
Favorable T rade Show ing.
In july of this year our exports
increased $28,000,000 and our im­
ports $14,000,000 over the same
month last year.
L O C A L .N E W S P A P E R A D S BRIN G
Q U IC K E S T T U R N O V E R O F GOO D
M iat A crea g e Increasing.
Reports are that a 3000-acre mint
Lincoln, Neb.— There is no substi­
crop is being harvested in the Wil- tute for the local newspaper as a
C O PC O ST O C K G O IN G UP A G A IN
P rice o f P referred Stock to A dvance
to $96 P er Share.
On November 16, 1926 the price
of Copco six per cent preferred stock
will advance from $95 to $96 per
share.
"This raise in price is made
necessary by an active demand and
strong financial market for this
type of security throughout the coun­
try,” stated D. G. Tyree, secretary
of The California Oregon Power com­
pany when interviewed upon the
subject. “ It is further justified by
the present satisfactory condition
of the company’s revenue-producing
properties throughout southern Ore­
gon and nothern California.”
"W e are giving our customers
and friends advance notice in order
tlAt everyone residing in our field of
I CALIFORNIA OREGON I
POWER COMPANY f
means o f bringing a rapid turnover
service may have the opportunity to
invest in this dependable security be­
fore the increase in price takes e f­
fect on November 16. Over $500,000
worth of this six per cent Preferred
stock has been purchased during the
past few months by careful investors
who recognize the true worth of
this excellent security. Less than half
of the original issue is left and it
Copco Preferred Stock
INCREASES IN PRICE
November 16
Effective November 16, 1926, the price o f 6 per cent cumulative pre­
ferred shares o f The California Oregon Power Company will be advanced to
$96 a Share
Orders received up to and including Monday, November 15, will be filled
at the present price o f $95 a share.
THE CALIFORNIA OREGON POWER COMPANY
O F F IC E S
MEDFORD, OREGON
GRANTS PASS, OREGON
KLAMATH FALLS, OREGON
YREKA, CALIFORNIA
ROSEBURG, OREGON
DUNSMUIR, CALIFORNIA
*
*
*
*
In all o f Oregon’s 96,000 square miles there is an esti­
mated population of only 825,000 people— less than 9 to
the square mile. W e have 55,157 farms— an average of
one to every 15 people. We have only 2500 industries that
employ five men or more— an average o f one industry to
every 330 people.
Out o f Oregon’s 825,000 people, 782,256 didn’t have net
incomes big enough to file income tax returns. O f the 42,-
545 who did, one-half o f tnem showed earnings under
$3000 and only 311 had earnings in excess o f $10,000.
Only one-fifth of Oregon’s 5000 corporations made
enough to file returns and o f the 1073 reporting, 47« made
less-than $5000, and only 183 made in excess o f $20,000.
*
*
Our farms and oui industries are our two main sources
for new wealth. They both face hard problems on account
o f scant and scattered population, long hauls, competition
insufficient capital, and heavy and ever-mounting taxes.
If our farms are to prosper they have to secure outside
money for loans and money to finance crops.
If our in­
dustries are to develop they have to finance their purchase
and payrolls. Both have to have markets and that means
new people and more industries.
*
*
*
*
That is what the Dennis resolution is designed to do. It
is an invitation for capital to come in and help us all out.
We desperately need new money to open up the state. We
hav to have money for farm loan and no matter how pretty
ths talk sounds about a state income tax we cannot escape
the economic and unalterable fact that new capital which
we require does not have to and will not come to Oregon
unless we make it advantageous for it to do so.
W e must remember that there are 120,000,000 people
in the United States. O f them one hundred and nineteen
million plus outside o f Oregon. They have plenty o f need
for the same money in case we of Oregon don’t show that
we really want it. We tried it once— and befor the people
repealed the state income tax it cost us millions; drove in­
dustries, payrolls and taxable wealth out o f Oregon and
taxes still went u p ! Every farmer who had to borrow mon­
ey knows what it did to him, too.
*
*
*
No forward thinking and constructive citizen wants
that disaser to happen again.
Instead o f making things hard for everybody— farmer,
merchant, industrial worker and citizen in general we
want to have a purely economic problem taken out o f poli­
tics. The way to do it is to vote no againts both the Grange
Income Tax Bill and Offset Tax Bill and vote yes for the
Dennis resolution. By this means we guarantee to every
citizen, industry, and to capital that there will be no in­
come tax before 1940. It further guarantees to every fami­
ly that they will not have to pay taxes on thier savings
when their bread winner dies. It is a prosperity-making
measure— it is sound business policy and «eserves every
progressive citizen’s support.
Vote 306 X YES— Dennis Resolution
Vote 329 X NO— Offset Income Tax Bill
Vote 335 X NO— Grange Income Tax Bill.
Paid Advertisement
Greater Oregon A
J. O. Elrod. Chairman
rman
Hirsch, B. t . Fmnk, Irn F. Po were, J. B Teon, R. L Maclea/, G.
M
G. Guild, J. H. Borgsrd, W. S. Bat» «in, Executive Committee. 419 Ore-
(on Bide., Portland, Or«.
«
If some women were as hard to
please before marriage as afterwards
a lot of men would be bachelors.
By BRUCE DENNIS,
Author of the Dennis Resolution
During the heat and excitement o f political campaigns
and the confusing statements that attend them we are apt
at times to forget hard economic facts, and the bitter
fruits o f some pet “ ism” tha look good in theory but do
heavy damage in practice.
For this reason it is time to begin telling
a few plain truths about land taxation, the
incomes o f our people, corporations and in­
dustries, and again to bring to mind the fact
that capital does not need Oregon— but
Oregon does need capital.
And the reason why we should continue
to remind ourselves and our friends is be­
cause another effort is being made to force
a state income tax upon our people despite
the fact that practically the same tax cost
many millions in capital and improvements in Oregon
and the people o f Oregon before it was repealed in 1924.
W e cannot expect a proved breeder o f hard times to bring
good times, because it can’t be done. And here are a few
o f the reasons why.
*
Information about our investment offering to cus­
tomers will be cheerfully furnished by any member
o f our organization. Shares may be purchased for
cash or on our convenient monthly investment plan.
“ Those who purchase this stock
during the next few days will still
be able to take advantge o f the $95
figure. On November 16 the price
will advance to $96 per share."
Taxation, Capital and
the Oregon Farmer
*
TOUR PARTNERS
IN PROGRESS
sold out and over subscribed in the
very near future.