Image provided by: University of Oregon Libraries; Eugene, OR
About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Dec. 18, 1906)
TH2 MORNING OREGONIAN, TUESDAY, - DECEMBER 18, 1906. 7 QUARTER BLOCK IS SOLO FOR 3350,000 Ladd Estate Disposes of Olds, Wortman & King Build ing and Site. O'SHEA BROTHERS BUYERS Property at Fifth and Washington, Exclusive of Building, Brings $3100 a Front Foot Lease Has Five Years to Run. Negotiations have been closed for the sale of the main building occupied by the department store of Olds, Wortman & King, and its quarter-block site at the southwest corner of -Fifth and Washington streets. The Ladd estate, which was the owner of both land and building, has sold to John F. and James B. O'Shea. A consideration of $350,- OLDS, 9 JKjm.m'- - , , , J QUARTER-BLOCK PURCHASED BV JOHN F. AND JAMES B. 000 is Involved. The transfer has not yet been placed on record. The deed was drawn up by C. A. Dolph, and the transfer was effected through the agency of David S. Stearns. This sale is the most important transfer of Portland realty which has been made for several months, and figures among the largest deals in the history of the city. It is the more im portant as it is known that it is prac tically a cash transaction. The sale is also notable because this corner is one of the few lower Washington street pieces of realty on the market at any price. Several important leases have been given for choice business prop erty on this thoroughfare within the past few months, but this is the first actual sale closed there for some time. The property sold is a four-story and basement brick and stone build ing, with 10D feet frontage on Wash ington street and equal frontage on Fifth. In addition to this structure, Olds, Wortman & King occupy a four story building, 30x100, adjoining this on the south on Fifth street, and owned by the Corbett estate; also a five-story building, 50x100, facing on sixth street, and owned by S. A. and E. C. Brown. Neither annex is included In the sale. Lease Has Five Years to Run, The $350,0)0 paid for the Olds, Wort man & King property is probably the highest price ever given for Portland realty. With the improvements, the consideration is $3500 a front foot. The building is probably worth $43,000, leaving 5313,000 as the price of the quarter-block, or $3100 a front foot. High as this price is, compared with prevailing values in Portland realty a few years ago. It would doubtless be still greater if It were not for the fact that the property is returning a much lower ' revenue than it is capable of producing, it is held by a lease en tered into 15 years ago, which will extend five years more. At its expira tion the revenue will doubtless be more than doubled. The corner has been owned by the Ladds for about 40 yearj. The only Improvements upon it were frame shacks until 1891, when the ground was filled in and the present -building erected. It was built by William S. Ladd for the firm of Olds & King, wnich later became Olds, Wortman & King. A 20-year lease was signed, which began November 1, 1901, and has therefore five years more- to run. The assessed value of the Olds, Wortman & King property, under this year's appraisement, is $300,000, of which $40,000 is for the building, $175, 000 for the corner lot. and $S5.D00 for the inside lot. This shows an increase over the assessment of last year of $55,000, all in the ground value. The consideration of the sale is rath er low, compared with- the figures at which leases have been signed in the same localiy. The Failing property, at the southeast corner of Fifth and Washington streets, was leased a few months ago at $1500 a month, and in addition, L. Q. Swetland, who has ac quired control of the property, bears . the expense of erecting a seven-story building. It is understood that the Olds. Wortman & King quarter-block with the building is only bringing In $1500 a month under the old lease. If it were free from this lease It would probably bring in $3000 a month. New Building When Lease Expires. While the building is no doubt worth the $40,000 at which it is assessed, it is probable that it will be replaced by a larger structure at the expiration of the present lease. O'Shea Brothers have made not announcement of their intentions for the property, but the value of the corner would justify the erection of a much higher building than the present one. To do this it would be necessary to tear down the present structure, as It was originally designed for 'only four stories and a basement, and would not bear the weight of added floors. John F. O'Shea is president and man ager of the Union Meat Company, and James B. O'Shea Is vice-president of the same corporation. While they still direct the affairs of this company, a large interest In it was sold about a year ago to Swift & Co. It is said that the deed for the trans fer of the Olds. - Wortman & King building will not be filed for several days, as the signatures of several trus tees of the Ladd estate, who are in the East, are necessary to complete the transaction. The sale, howover, is considered closed, as the deeds have been drawn up and partially signed, and payments made. F. C. Baker Buys First-Street Lot. Frank C. Baker is the purchaser of a lot on the east side of First street, 75 feet south of Morrison, the sale of which was announced in The Ore gonlan Sunday. The property was owned by Dr. George A. Harker and was sold to Mr. Baker for $50,000, through the agency of C. K. Henry. "This property nets 6.35 per cent on' the investment," said Mr. Baker, "and I consider that a first-class rev enue from realty. Moreover, this prop erty, if in Los Angeles or Seattle, would sell for more than twice that figure. The same relations exist as to other Inside property, but there is really no reason for It, -and I expect to see ' more rapid advance in local holdings." Thomas Fapworth is the purchaser of the lot on the south side of Alder street, between Front and First, which WORTMAN & KING BUILDING was sold by George Stenger a few days ago. The sale was made by Goldsmith & Co., and the price was $22,500. SUBMITS WIRING MEASURE Street Committee Recommends Its Passage by Council. At the meeting of the street committee of the Council yesterday it was recom mended that thofprdtnance providing for the placing of electric cables and wires underground in conduits and subways be passed. By its terms wires in the gen eral business portion of the city on the West Side must be placed under ground by September 1, 1909. It is generally believed that the bill will pass the Coun cil. A petition to grade and pave McMillen street from the east line of Crosby street to the east line of Williams ave nue, thereby making the pavement con tinuous from the extreme east end of McMillen street, was reported favorably toy the committee. Similar action was taken on a petition for the improvement of Portsmouth av enue, from the south line of Monta street to the north line of Bluff street, at a cost of $9612.50. An Improvement was recommended by the committee on Sixteenth street from 120 feet north of College street to Daven port street. The cost will be $12,401.50. Other recommendations were to im prove Tenlno avenue, at a cost of $3669.98, and to Improve Seventeenth from the north line of Elizabeth to the south line of Clifton street, cost, $5749.57. LODGES ELECT OFFICERS Annual Meetings Are Held and Dig- nitaries Chosen. Albina Lodge, A. F. & A. M., has elect ed the following officers for the ensuing year: Worshipful master, P. Venstrand; senior warden, H. Woodham; Junior war den, A. L. Ennls; treasurer, J. C. Jame son; secretary, A. J. Handland. These officers, with the appointive ones, will be installed next Saturday night. Hawthorne Lodge, No. Ill, A. F. & A. M., last night elected the following offi cers for the ensuing year: Worshipful master, P. A. Combs; senior warden, S. W. Stryker; Junior warden, C. E. Rogers; treasurer, H H. Newhall; secretary, C. B. Miller. The Kremlin Baku, Imperial Order of Muscovites, held their annual meeting last evening at the Oddfellows' Temple, at. which time the following officers were elected and Installed: Czar, Isaac A. Man ning; regent, R C. Petersen; high .priest, O. D. Doane; commandant, Charles Ba tian; recorder, E. E. Sharon; treasurer, H. Blaussenlus; royal inspector, R. J. Lewis; royal messenger, N. P. Tomllnson; royal inner guard, D. V. Hart: royal outer guard, John Rabyor; trustees, -C L. Palmer, Joseph Micelli, James W. Welch. TRAVELERS' CIGAR Magazines, 92 Third and Our New Shop, Third and Washington. To hold 12. 25 or 50 cigars, very con venient and attractive. We show many styles suitable for holiday gifts. Slg Sichel & Co, agents Garcia, Mi Hogar and Lord Baltimore cigars. Milwaukie Country Club. Eastern and California races. Take Sellwood or Oregon City car, starting from First and Aider streets. . DENY HAINES CAN MUSTER 12 VOTES Hodson Men Say Washington County Senator Has Not a Majority Pledged. TRY TO BREAK HIS FORCES Whealdon Is Active In Behalf of Multnomah Aspirant I. I. Pat ter son. and W. F. Matthews Also In the Alliance. Denying that Haines has secured pledges of support from 12 Senators for President of the Oregon Senate, the Hodson element was active yesterday, bolstering up the hopes of their followers and crying to the Haines men "show us." Among those who wrought for Hodson were Senator Whealdon, of Wasco, who fastened himself to the side of Senator SOLD O'SHEA FOR $350,000. Bowerman. of Gilliam, one of Haines' 12; Senator Loughary, of Polk, who thought that several of the Haines men should have conferred with Senator Johnson, of Benton, and himself, as they are alleged to have agreed to do, before tying up with Haines; and W. F. Mat thews, ex-United States Marshal, and I. L. Patterson, Just finishing his tenure as Collector of Customs, both of whom were in frequent conference, in the course of the day. In the tolling throng mixed also W. I. Vawter, of Jackson, candidate for Speak er, who hopes for the election of Hodson or some other Mutnomah man for Presi dent, in order to throw the support of this county in the House to himself as outside aspirant for Speaker, and to se cure the strength of Chapln, candidate in Multnomah for that office. Vawter has a claim for the support of the Hodson element in the House, for having made possible two years ago the election of Mills as Speaker, by delivering to Mills six votes, two days before the organiza tion of the House. Vawter says he is practically sure of 30 votes enough to nominate. r . Should it be proved to the Hodson fol lswing that Haines actually has 12 pledged votes, which Is a majority, of the Republican Senators, omitting Sena tor Mays, the Hodson men will set them selves to organizing their forces so as ta stay out of the caucus that the Haines men want, and to fight Haines on the floor of the Senate, with the aid of the Democrats, of whom there are six members. Mays Urged to Help Hodson. In consequence of Haines' claim, there is already talk of bringing Mays Into the contest to support Hodson. This would require 13 for caucus nom ination, and would put Haines to the task of winning an additional vote; be sides, on the floor of the Senate, it would compel Haines to secure an ad ditional vote for election. Without Mays, the majority for election will be 15; with him, 16. Of the 12 Senators said to be in the Haines camp, four, assert the Hodson adherents, are unpledged: Smith of Marion, Miller of Marion-Linn, Laycock of Grant and Cole of Umatilla; proba bly also, McDonald of Union and Schol fleld of Clatsop. Unto which the Haines followers re turn that those six Senators are act ually in the Haines camp, pledged to support Haines, or whomsoever they may desire, and to stick together through thick and thin. They aver that the evi dence of the combine will be forthcoming, so as completely to satisfy the doubting Hodson men. In caucus they think them selves certain to win, and believe that Hodson cannot stop a caucus. In Multno mah, they have reason to believe that two Senators, not pledged to Haines, will go into caucus Beach and Bailey. Bailey expressed assent to a caucus yesterday. A continuous political show was per forming in the Imperial Hotel all day. Whealdon came to town early to stay until tomorrow morning, but not on political business, he said. Loughary arrived in the morning and departed late in the afternoon. Bowerman stayed over from the Sunday rally of the Haines forces. Hodson appeared about noon and stayed three hours or more. "What do you know about Laycock and Bowerman?" Hodson was asked, tor they are claimed in the Hainea camp, yet are said by Hodson's fol lowers to be unpledged. "Very little; very little." "And about McDonald, Smith and Miller?" "Very little. I'm not much at mak ing claims or prophesying." "You do not intend to withdraw?" "Haven't thought of such a thing.". Just then up came Whealdon, and the two greeted each other with the r GIFTS FOR THE CHILDREN HERE IN ENDLESS VARIETY TOY WAGONS, AUTOMOBILES, DOLL CARTS, VELOCIPEDES, TRICYCLES, ETC, ETC. An attractive array of the above in the foremost' models suggestions here for parents to select pleasing and novel gifts for the children a collection in such splendid variety as has never before been displayed in this city. Those who have in mind the selection of Christmas Gifts of this character will profit by making same from this line of easy-running and attractive goods. Something pleasing here at every price. Your credit is good. ' , A HOLIDAY DISPLAY OF CUT GLASS AND SILVERWARE From this department comes the announcement of the complete and attractive showing of "Bergen" highest quality cut glass, and the Rogers Bros.' 1847 and "Wallace" silverware. This stock in itself is suggestive of many ideas for Christmas-gift selection. Your credit is good. .COMMENC ING TOMORROW OUR STORE WILL BE OPEN EVENINGS UNTIL 9 P. M. glad hand and the sunny smile, in contrast with the icy mlt and the glassy stare that they used to -give when they were fighting each other in the Legislature two years ago. "Glad to see you," they each said, as Whealdon came forward and Hodson rose from his chair. Then they ex changed one of those handclasps, which George Brownell and Blnger Hermann made famous, sat down together and were as chummy as if political bed fellows all their lives. "What's this tale about your going to support Hodson?" Whealdon was asked. "Most likely, most likely," In a tone intended to carry uncertainty. Just then who should march up but Matthews and Patterson, arm in arm, or so close together tnat they ap peared thus locked. After surveying Hodson and Whealdon together, they spoke softly Into each other's ear, Matthews went on and Patterson ap proached. "Hello, hello," spoke up Patterson, advancing with outstretched hand to Whealdon. "What's this I hear about your being " and Patterson's voice became inaudible. "Ha, ha!" laughed Whealdon. "I'm sorry for you fellows," went on Patterson, facetiously looking at Whealdon and Hodson. "You must be worried to death with politics." "That's how you got those few gray, hairs," suggested Hodson, making a sally of his own at Patterson. At this, Whealdon went off, leaving Hodson and Patterson together. Com ing back presently, he observed the two drawn off into a corner in earnest conversation, and at once joined them. Meanwhile Matthews was conversing with J. S. Cooper, of Independence. In the evening Whealdon and Bow erman had a long talk, Whealdon evi dently trying to show the other that Haines "had no show" and to take him away a rather big job, since Bower man was one of the charter members of the Haines boom. Matthews and. Patter son came up. Patterson pulled Whealdon away for a moment's con versation, after which Whealdon towed Patterson up to Bowerman and said: "Jay," that being Bowerman's first name, "let me introduce Mr. Patter son." Felicities Were exchanged, and Pat terson soon departed, evidently to se cure the acquaintance at another visit. The introduction was a mere formal ity, for Bowerman and Patterson had met on opposite sides of politics in Marion County six or eight years ago, when Bowerman was studying law in John Carson's office. Up to the last few weeks Whealdon and Patterson have been enemies also, until the late alliance being hardly on speaking terms. And what Is the allance? The Hodson-Whealdon Alliance. That is not precisely known. It is known, however, that the Wasco man dislikes the Washington man. since their joint fight against Hodson in the last Legislature, and that he Is now lined up with Hodson. It is evident that he hoped to carry with him Bowerman, and pos sibly Laycock and McDonald: this the Hodson people expected of him, and his inability to deliver is a disappointment. His opposition to Haines is said to come not only from personal preference for Hodson, but also common interest be tween Hvdson and himself, should a fight break out against election of Bourne, for United States Senator, for they rep resent the opposition to Bourne. Besides, It has been said that Whealdon Is a receptive candidate for President, (t ' 7v YOUR CREDIT IS GOOD j GIFT SUGGESTIONS Of a character that are sure to please a stock that suggests hundreds of Jjjjr$$ possibilities for the choosing of ideal and practical gifts a gathering of -Jl .the. latest and best in the several grades of furniture and other ate gift-pieces a of the consideration of the economical gift-buyer the immense and pleasing variety and the wide range of fair prices sufficing to convince of this unprecedented offering of suitable Christmas Gifts. - j ; - - WE URGE YOUR EARLY SELECTION FROM THIS DISPLAY OF DEPEND: ABLE GIFT -PIECES. YOUR CREDIT IS GOOD COMPLETE-H0U5E-FURni5HER5 and that should Hodson fail, he will fall heir to Hodson's support. Whether or not there Is such a deal on foot, has not been verified, but there are surface evidences of It. However, there has been talk, of late, of Hodson's followers turn ing to Sichel, of Multnomah, In hope of uniting behind him, the Multnomah del egation. Then again there has been talk of Hodson's support going to Johnson or Coke. Plan for "Valley Conference." It now seems unlikely that the "Val ley conference" will be held, as was planned six weeks ago, by Johnson, Kay, Miller and Smith, to Include also Bing ham, Booth and Loughary. The Hodson men want the conference held, as agreed, but the Haines followers say it is un necessary. It is alleged that Kay, Miller and Smith, who are said to have pledged themselves to Haines, promised to hold off from doing so until the conference, and to go into that meeting agreed to accept the verdict of the majority. This agreement has not been kept, say' the Hodson adherents, and they do not like the broken faith. That Loughary and Johnson will prob ably in no event support Haines seems to be their resolution. Loughary partic ularly dislikes Haines, and while John son's aversion is not so strong, his pref erence for Hodson will probably draw him to that candidate. It was said yes terday on good authority that should Haines be nominated in Republican cau cus, Laughary will fight him on the floor of the Senate. Should the Republicans be unable to choose their nominee in caucus, the six Democrats would become factors in the election of a President. Both Hodson and Haines claim supremacy among the Democrats. . Several of the minority members have endeavored to hold the Democratic strength together, but no conference has yet been held, and their sentiment Is not known. Claims of Haines and of Hodson. Rival claims of Haines and of Hod son forces are as follows: In Haines camp claimed 12, Wright, Schol fleld. Nottingham, Bowerman. Bingham. Cole, Laycock, McDonald, Kay, Miller. Smith, Haines. In Hodaon camp claimed 12, Beach, Bailey, Sichel, Booth, Loughary, Johnson. Coke, Wheal don, Smith, Miller, Cole. Hodson. Conceded to Hocteon 9, Beach, Bailey, Sichel, Booth, LAUghary, Johnson. Coke. Wheal don, Hodson. Doubtful 2, Malarkey, Hart. Conceded to Halnas 6. Wright, Nottingham. Kay, Bingham, Bowerman, Haines. Doubtful 5, McDonald, Laycock, Scholfleld, Malarkey, Hart. Possibly available to Haines 4, Beach, Bai ley. Hart, Coke. Possibly available to Hodson 5, McDonaldv Scholfleld, Laycock, Malarkey, Hart. SIG SICHEL & CO., 92 THIRD And Our New Shop, Third and Washington Streets. Garcia cigars, the green and sold label, stands for quality. Acceptable Christmas gifts. Argue for Newspaper Passes. .WASHINGTON, Dec. 17. The Garrett bill to permit newspapers to accept rail way transportation was the subject of a hearing today before the House com mittee on Interstate and foreign com merce. E. W. Stevens of Missouri and Representative-elect Ashbrook, O., spoke in favor of the bill. showing that is truly worthy SALE OF DINNER SETS Special ending today Crockery Department, Base ment. Holiday special offering of six sets in semi porcelain ware on the pleasing payment terms of . $1.00 DOWN-50 WEEK. Set of 42 pieces in the plain white; special $3.50 Set of 46 pieces in the flown blue decoration; special. $4.75 Set of 56 pieces in rich rose and gold decoration; sp'l.$7.75 Set of 56 pieces in dainty blue floral decoration; sp'l.$8.75 Set of 56 pieces in rich rose and gold decoration; sp'l.$9.00 Set of 56 pieces in plain green and gold band decoration; special $9.75 Sent Back to Get His Parents' Consent Mnrrtaere License Refused ITenry Becker, Aged 10, and Mabel I.u rlniln Johnson, Aged 21, Because Bridegroom-Elect Is Too Youay. REV. C. BUECHLER'S word Is un questionably good with his congrega tion but It failed to satisfy the County Clerk's office yesterday afternoon. Mr. Buechler appeared at the marriage license counter with a young couple from St. Johns. Deputy County Clerk Wilds com menced filling out the necessary document when he ran against a snag. The pros pective groom, Henry Becker, revealed that he has thus far succeeded in at taining only to the thoroughly insufficient age of 19 years, whereas the law requires 21. The brlde-to-'be, Mabel Lucinda Johnson, was 18. Mr. Wilds said he could proceed no farther without the sanction of the boy's parents or guardian whereupon Mr. Buechtel said the elder Becker had dele gated him to extend the parental sanc tion. The official, however, declined to accept this explanation. The wedding party adjourned to St. Johns and will re appear today, the groom-elect declared, with the requisite parent. House for Widow Nearly Completed. The house for Mrs. S. Carnut. of Mil waukie. which is being built by the Odd The soda cracker is an ideal food. Uneeda Biscuit are the ideal soda crackers. Indeed, the Only soda crackers rightly made in the first place, rightly protected first, last and all the time. f& In a dust tight, moisture proof packag. NATIONAL BISCUIT COMPANY fe ll (m A li appropri llllllliiii? FREE TELEPHONE IN THE LADIES' WAITING fellows, members of the Woodmen Camp and residents, was nearly completed Sunday. About 25 carpenters, under charge of Mayor Shlndler, worked alt day, and got the building under cover. At noon the Women of Woodcraft pro vided a fine repast In Woodmen's Halt. A delegation from Portland assisted and Mr. Shlndler says the house will be ready for occupancy this week. It is 26x26, of two-stories, and contains eight rooms, nullt by contract, it would hava cost about J1100. SIMENSTAD-MANN WEDDING Alaska Mining Man and, Former Val-. des Schoolteacher Married. A romance which had its beginning in) a little schoolhouse in far off Alaska, culminated last night in the marriage of Charles Slmenstad and Miss Elizabeths Ann Mann. The marriage took place at 8 o'clock last night ac Trinity Churchy Rev. A. A. Morrison, officiating. After, the wedding the Invited guests, friends of the couple enjoyed a bridal dinner at' the Portland Hotel. Mr. SImenstad, is in-' terested in Alaska copper mines and it was while mining in Alaska that he met Miss Mann. The bride was teaching school in one of the little towns near Valdes. After a brief stay in Portland, and a month's honeymoon In Seattle, they, will return to Alaska. "The Best Pill I ever used." Is the fre--quent remark of purchasers of Carter's Little Liver Pills. When you try thenv you will say the same. I mi MAKE YOUR OftH TERM&)