Covina Argus from Covina, California on December 21, 1907 · Page 7
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Covina Argus from Covina, California · Page 7

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Location:
Covina, California
Issue Date:
Saturday, December 21, 1907
Page:
Page 7
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GOVINA FURNITURE GO FOR ANYTHING IN THE LINE OF ,«IM or FLOOR COVERINGS SAFEST PLACE TO TRADE \V. Q. CUSTER, Manager 's (ovioa florseries Choice fcrtis and potted plants, roses. carnations ami other ornamental trees in season. Sales yard, corner of First street and San Bernardino Koad. U. S. C. FRESHMEN WIN. THE PROMISED LAND Invest Wisely in Old Mother Earth and You'll Never Go Broke. Reed of Covina High Shows Splendid Form. The freshmen clnss of U. S. C. won the first annual fall inter-class track and field trymit meet or' U.S.C.' held Wednesday afternoon at the university oval. The results by classes are: Freshmen, 54; academy, '2C>; juniors, 10; law school, 8; medical college, 5; seniors, 4; sophomores, 1. The two Richardson boys carried off the honors. Charlie taking four firsts, and Grant winning the mile, half-mile and pule vault. The day was most too cool for records, and the majority of the re- j suits recorded are mediocre. j The little city that lias won its Reed of Covina High School show- way into the hearts of the homo seek- ed class in the broad jump, and also ers and investors on its genuine ran well in the sprints. In the ; merits. No trick of advertising can ' broad jump Reed took second place, alter facts ,and the mere facts about Richardson making first by jumping j Beaumont commend its advantages to 19ft. 1 1 A in. This was about six every conservative man and woman inches less than Reed jumped in the I with the intelligence to know a good caumont Mr, New Resident: • Before you open your bank account iu Covina come and see us. We can offer you every convenience and accommodation that safe bunking will allow. Covina National Bank J. n. COIJI.STON, Pres. DR. .!. T>. K'KED, Vice-Pros. V. O. KNdf.ISH, Cashier Dr. J. D. Reed G. II. White V. C). English J. Iv. Matthews J. H. Cool m an Chas. Nicolai Samuel F'esler J. 15. Collision Madison Baslior Bonita-Azusa-Covina meet last year. High School Fair Play For the Railroads. An interesting and rather astonishing array of. statistics is given by Logan G. McPherson in the North American Review for November. He points out with a clearness that must surprise all those citizens who are in the habit of blaming the railroads for all their ills, that figures that will not lie are saying a lot of good things for railway corporations. The United States census, the reports of the Interstate Commerce Commission and the records of the year book of the Department of Agriculture, are placed side by side for the purpose of telling just what they really mean. Taking the good American dollar as the measure of value, it is found, among other things, that the net returns to the railroads of the country for the year 1905 (8616,311,657) were less than one-third the net returns to the country's manufacturers, with nearly the same total capitalization,and less than one-fourth the net returns to the farmers of the nation. If it be claimed that the low net return to the railroads is because of their inflated capitalization, the reply is made that the present total capitalization, including all inflation, is only about 852,000 a mile, far less than that of the roads of any other country, as shown by President Hadley of Yale, President Roosevelt and other authorities. And to make its profits the railroads have to spend more money than either manufacturers or farmers. Truth telling figures again show here that to get one dollar back in net returns it costs manufacturers 80.62 of capital, farmers 89.44 and railroads 122.40. All deductions show that while the administration of the railroads is far more economical than that of either manufactures or agriculture, the return^ to capital are far less, and this means that the prices for the railroads' product-transportation rates are relatively lower than the prices for the other products compared. Again, Interstate Commerce Commission figures show the average railway rate per ton per mile for 1905 t<> have been a decrease of 8.8 per cent over the ten year period between 1890 and 1899. That piratical speculators have brought about au unreasoning prejudice against the railroads the writer concedes, but he urges the necessity for fair play if the nation's general health and prosperity are to be assured, and suggests the wisdom and good sense of readjusting popular impressions to fit the facts that the figures here quoted unmistakably demonstrate. thing when they see it. Right on the Southern Pacific. Round house and ten engines; monthly wages, 86.000. Pine stores and other buildings. Beautiful residences and school. Two churches; three more coming. No jail; no bad men. Best fruit on earth; world's prize held there. Best poultry land in America. Biggest land values on the market. Terms easy for all. Best soil in the state. Purest ample water supply. Best climate ever discovered. No asthma, bronchitis or catarrh. Best tree experts in charge. Advice and assistance to all purchasers by Prof. D. C. Bursou, Inte of the government service, who will plant, irrigate and care for trees, guaranteeing them until the bearing period. We pay 4 per cent interest on term deposits in our United States Savings Bank We arc new here ourselves and are here to stay and we believe that Covina is the coming- city of the San Gabriel valley and are anxious to do oer part to make it so. If you don't want to open a bank account now, come in and £ct acquainted anyway. I. N. WILSON The Blacksmith With the most skillful mechanics and the best equipment we can do your work in the most workmanlike and best manner in shorter time and at a reasonable cost to you. Wo. also carry a line of Farm Implements, Wagons, Etc, and if you are thinking of purchasing a vehicle os any kind we invite you to call and look over our line and talk the matter ove». We fnr Yourself' wil1 & uaran - lee y° u a s( i uare deal and save vou a few dollars besides. Select Your Route Seeing is Believing and Special Train Excursions Every Sunday and Thursday Via Southern Pacific, leaving tbt> Arcade depot, 9 a.m. and stopping at Albambra, Covina, Pomona, Ontario, and Colton. Bound trip rate from all above points. * Sunday $2.00 Thursday $1.00 Tickets at this office,but you must apply ahead as the trains are always over-sold. City lots, 60x160, veritable mina- ture farms, with 80 foot streets, 20 foot alleys and city water. $70 and up 5 Acres and Independence in the city, with water $8.75 and up Prune, Grape, Grain and Poultry Land near S. P TOURIST CARS To the EAST Via New Orleans, El Paso or Ogden Personally Conducted Tourist Excursions from Los Angeles to New Orleans, Washington, Cincinnati, Louisville, Chicago, St. Louis, Kansas City, Denver, Omaha, Minneapolis, St. Paul and other points in the East without change of cars. Through the warmer climate of the South, with its and cotton fields; or over the route of the Pioneers of and across Great Salt Lake—"going to sea on a train." D. B. SCI1KNCK, Agent, Covina Home phone 144 rice '49, or G. L. "RAVIS, Commercial Agent, Pomona Home phone fil; Sunset Main 70 Southern Pacific IA>S Aupelcs Oflicc, <iOO S. Spring St.,'corner Sixth on oiled county rond, Depot, telephone aervice $100, $90, $65 an acre 93333V49>*44* County Division Platform 1. GOVERNMENT Home people in full control of Home affairs. 2. EXPENSES The moat economical administration which may be had with efficient government. Santa Cruz county cost (13th class) $04,211.81 New county cost (13th class) 96,534.00 Orange county cost (15th class) 103,227.18 Riverside county cost (20th class) 124,398.16 San Bernardino (10th class) 228,966.70 It cost less last year to run both Orange and. Riverside counties, with combined valuations of $34,700,000.00 than San Bernardino county on a valuation of $25,646,000.00 The small county is the best and cheapest. 3. ROADS Cut this out and mail J. B. Coulston Bids In Panama Bonds. Pasadeua New*: .7- B. Coulston, president of the Crown City Bank, and. also of the Covina National Bank, this week received notice that he has been awarded I'J5,000 of the Panama canal 2 per cent bonds at a price of 102%. Mr. Couleton etatt-s that these bonds are to be used to increase the circulation of the Colton National Bank of Colton and tlie First National Bank of San Pedro; also to seem e United States govcrniui-(jt deposits of $50,000 in the latter bank. Mr. Coulston has faith in the Panama project and liis purchahe of tlie ranal bonds is evidence of his belief in the general financial soundness. BEAUMONT LAND AND WATKH COMPANY, 226 Mercantile Place, LOH Angeles. Please send me literature free regarding the hustling little city of Beaumont and tho fruit land in same. Also state what rates you make from here. Name Address Place your span- cash Valley Savings Bank, fc meut at 4 per cent. in lh<- Cuvina safe in vest - Annual Stockholders' Meeting. Office of the Covina Irrigating Company. To the stockholders of the Covina Irrigating Company: Please take notice that the annual meeting of the stockh driers of the Covina Irrigating Company will be held =it the office of the corporation in the City of O,vina, County of I<o» Angeles, Statt-i of California, on Tuesday, the 14th flay of January. A. D. 1VOH, at 10 o'clock a. in., for the purport- of electing directors and for the irannac- tion of such other business a.^ may [jroperly come before tht- meeting. 15. F. KDWAkUS, Secretary. Dated Dec. 14, lOgT. The best roads which can be built. The money to be raised by bonds or direct tax as the tax payers may determine through their supervisors. 4. HORTICULTURAL COMMISSION Citrus men in control of citrus affairs throughout. They know what they want and can pay for anything their industry demands. San Bernardino county wants to quit county fumigating, according to their supervisors' statement. Now is the time to let them quit. 5. FRUIT PRICES Citrus fruits sold on its merits and by its well known brands. 6. REPORTS Such records transcribed as the new county needs and may secure without wasting public funds, VALUATIONS AND TAX RATES a tax rate for next year This estimate is backed by The increased valuations now being published make it assured that in the new county of $.636 will be more than sufficient to run the county. unqualified approval by the auditors of Orange and Riverside counties. 8. NOW ISTHETIHE If organized at once the new county will begin with money on hand from this year's taxei amounting to a sum from $120,000.00 to $135,000.00, to cover expenses for the remaining eight months of the fiscal year. This will leave a balance of $40,000.00 to $60,000.00 above necessary expenses. To wait means to lose this revenue, to become a part of Pasadena's county, or to be shunted off from Los Angeles county with only thu territory between Covina and Claremont for the new county. NOW IS THE TIME

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