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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Dec. 9, 1907)
8 . i r-- - , KEEP QN BUILDING No Stoppage Noticeable in Operations. DEALERS' VIEWS COINCIDE Scarcity of Small Houses for Kent Keeps Demand Active and Bust- -ness Structures Barely Keep Pace With Expanding Trade. Real estate men agree that no time In the history of Portland was there a bet ter opportunity to secure bargains than the present. Values, they say, are below those of cities of similar size and there is no Indication that real estate values will drop back to the ridiculously low prices that prevailed a few years ago be fore Portland had Us awakening.- The enormous amount of building done In the past two years and prospective for the next year are referred to as convinc ing proof that the city has at last at tracted the attention of the world as one ?f, if not the best, places on the Coast jfor homeseekers. M. Q. Griffin, who has been In business In this city since 18S5, has seen the city frrow from a village to a vast city, and Ills opinion .of the conditions surround ing the real estate market are valuable, particularly at this time when every thing points to ap . earlier activity than most people seem to realize. He writes: There la more demand today and hat been for many months, for houses to rent than ran be supplied. "We have inquiries every day from Eastern people who are here to stay. Many of them have money, are here to go into business, and are buying homes. I do not find any decrease In realty values, end I do not look for any, but. on the con trary I look for a steady appreciation. Care ful business men and women are coming to understand that Portland real estate Is the afeet and best place, for their money. They know that Portland real estate is now sell ing for much less than Its actual value, based on population. The city Is now grow ing very rapidly, and will In my opinion double Its population in the next Ave year. X doubling in population means a much more than doubling of values. The buying of Portland real estate at this time means large profits and a safe investment. Money in a safe deposit is safe, but earns Bo profit. Money Invested in stocks is manipulated by the sharp men of Wall street, and we know what that means. The largest fortunes In the world, made honestly, have been made in real estate. Ral estate cannot be stolen, and is not subject to stock Jobbing. In my bumble opinion there is no eafer or better Investment of money today than In Portland real estate and Oregon farms. It will be only af few years .until we have many great trunk railroads into this favored . city. A deepening of the river to the Pacific to 40 feet will mean the best harbor on thlH Coast, Portland Oregon, the Pacific Coast's greatest and most prosperous city. Money Invested In Portland realty, at this time, is a safe and most desirable in vestment. Anne Shannon Monroe, a Portland writer of well-merited distinction, cm trlbutes to December Spare Moments an article on "Oregon and Her Resources" that Is certain to attract attention. The paper Is one of .the best-conceived sketches of Portland and of the state yet Been, and Is a word-picture of the glories of thiB favored region that Is not only faithful as to facts but is poetical In form of expression an article that will do much to enlighten those who have never Been the state and will be read by Oregon people with appreciative pleasure. It is understood the article Is in competition for the Commercial Club's prize offered for the best article on Oregon. The six-story building erected this year by Baldwin & Dowllng, at the south west corner of Alder and Park streets. Is one of the notable improvements in that rapidly changing section of the city. The building Is to be known as the Medical building on account of the class of tenants who are to occupy the prem ises. The owners report that much space Is already engaged and that a number of others have put In applications which are under consideration. The City and County Medical Society have engaged quarters on the second floor. It is ex pected to have the building ready for occupancy by the middle of January. Architect Jacobberger, who is prepar ing plans for the college "for the Chris tian Brothers, is also preparing plans for a Roman Catholic school and chapel for Bt Andrew's parish at Highland. This building will be 60x 80, two stories, and will cost about $10,000. Also he is pre paring plans for a similar building for Bt. Stephen's parish, between Sunnyslde and Mount Tabor. The cost will be about $10,000. Work is expected to start on these two latter structures early in the Bpring. For the present, temporary halls are being used in both parishes for pub lie services. The warehouse on the corner of Holla flay avenue and Bast Twenty-sixth, streets, for C. D. Brunn. is under con struction. The foundation is of -reinforced concrete. vOwing to the nature of the soil the footings for the main pier are 43 feet below the surface, where solid gravel was reached. The building will be of brick construction, three stories high and 60x100 feet. It has a total height of 70 feet. The cost is esti mated at J20.000, but this may be ex ceeded. It is situated on the O. R. & N. main line, and will be occupied by Blake McFall Company as a delivery ware house. The building is to be finished by February 1, 1308. Elmer J. Wallace, 327 Stark street, has been designated to do all the lettering on the different offices in the new COrbett building. The satisfactory work done by Mr. Wallace on the Wella-Fargo build ing was doubtless no small factor in the awarding of this contract. Kahle Sc. Kahle, architects and engin eers, have moved from their office in the Buchanan building. This Arm is now settled in its new quarters in the Cham ber of Commerce tower. By early Spring the new addition to Et. Vincent's Hospital, the Nurses' Home, is expected to be ready for occu pancy. It is a 8-story brick building, with basement, and will cost about $75, 000. It is located west of the main hos pital against the hill. On account of litigation instituted by Chinese, who held a lease on the 'Old structures on Second street, between Al der and Morrison, and which were con demned as unsafe by the Building; In spector, .work on the new building has been delayed. It is now expected to re sume operations in the Spring. The Gerllnger flve-story building on Second street, is going forward and a party wall is being erected joining the structure with the Burkhart, now held up pending suit for damages entered in the Circuit Court by former Chinese ten ants. The Orientals are moving from the locality as rapidly as their leases expire. HALL FOR WOMEN AT EUGENE Episcopal Church Takes Up Sugges tion of Bishop Scadding. EUGENE, Or.. Dec. 8. (Special.) Bishop Scadding, on a visit to Eugene last Summer, said that he felt that the people of his church should maintain a girls' hall here In order that the young women of his church and others might receive the benefits of a well appointed home under the supervision of a woman from the Episcopal Church. It has been definitely decided to erect such a home, to be known as the Mary Rodney Hall, and Miss Sheffield, a graduate of a Deaconess home In Philadelphia, is in Eugene permanently looking after the preliminary work of establishing the new home. The site has not been chosen and the LOTS SELL FREELY Homemakers Buy In All Parts of City. MARKED SUBURB DEMAND Site for Houses, Both Small and Large, Wanted by Outside In vestors and by Forehanded Local Family Men. The Dunn-Lawrence Company made the following sales, last week; House and lot, owned by J. H. Johnson, on south west corner of East Clay and Twelfth li'ffTril. Ft Fir? r t S i &. 5 ? !sr - 8 3itU4 ZZrLjm in mil m mm f;-:aauAy.w.-.Y.y.v.-.rfrafr COMMERCIAL CLUB BUILDING, SOW WEARING COMPLETION. details of the plan, which are in the hands of Bishop Scadding, are not yet known, and will not be until his ar rival soon, but it is hoped to have the home In operation within the .next year, and if a suitable building can be'found, it will be established possibly by the beginning of the second semester. The hall is to be named after Mary Rodney, who was the first principal of St. Helen's Hall, in Portland, and whose splendid work and example is well known to many Eugene people, who knew her intimately. The establish ment of this home will be appreciated by the young women of the University, and will go far toward solving a diffi culty that has been encountered in the past by the young women students ta finding suitable homes, Xew Ice Plant lor St. John. The Harris Ice Machine Company has become the owner of 24 acres of land near the subpower station in St. John Heights, where it will erect an Ice plant Eventully the company will put in a plant for the manufacture of machines. Saturday's Real Estate Transfers. P. J. and S. C. Queslnnerry to William Hornecker, 32.039 acres of Alonzo Gates donation land claim in section 7. township 1 south, range S east $ 4,806 George and Emma Walkington to George F. Wescott, lots 7 and 8, block- 24, Columbia Heights Addition 10 George F. and Cella P. Wescott to Martha Hemenway. lots 7 and 8, blook 24, Columbia Heights Ad tlon io Gottlieb and Lidea Balllet to Wil helm Llbeld, lot 6, block 19, North Irvlngton L650 Anna Berg to Frank and Agatta Santella, lots 23 and 24, block 5, Tabasco Addition 1,100 D. Lt. Filley to Thomas J. Parsons, lot 22, block 1, Filley Park 165 Henry Schneider to Verena Schnei der, undivided interest in lot 3, block 101, Sellwood l Portland Realty & Trust Company to J. H. Hollschuher, lots 18 and 19, block 4, Evelyn HO Adolph Krouse to Edward Trickey, southwest quarter 'of section 13, township 1 north, range 5 east.. 800 Michael and Ellen O'Brien to Ju lius H. and Ida M. Beyer, lots 1. 2 and 8, block 1, Beverly Ad dition i Metropolitan Land Company to C. C. Darrow, east 90 feet of lot 6, blook 6, Nut Grove 450 El B. and Alma E. Holmes to W. L. Wheeler, lots 1, 2. 3, 4 and 5, block 19, Peninsular Addition No. 2 . . 760 union Trust & Investment Com pany to Harriet A. Pelton, lot 9, block 10. Ivanhoe 250 Sarah O'Hare to Samuel F. Owen, undivided quarter of lots 1. 2, 3, 4 and 5. block 2. Shepard's Ad dition, being a subdivision of part of Tract "B," Oak Park Addi titTn No. 2 , no A. C. Churchill & Comany, Incor porated, to J. E. Verllne, lot 32. Middlesex Addition BOO Municipal Railway & Improvement Company to Alice E. Richard son, lots 16 and 17, block 1, Ter race Park . . ; 10 Tota' 10.S21 Hv 1 rour abstracts rn1e br the Becnrltn Abstract Trust Co.. J Chamber ot Cam, ; streets, to M. T. Sherrett, of the Gard ner Lumber Company, Gardner, Or., for $4500. The six-room cottage at 179 East Wash ington, owned by E. W. Reader, was sold to P. J. Harbur, of Butte, Mont., for $2400. The Balf Toman 25-acre farm at Clacka mas station was sold to J. H. Johnson, for $4500. Otto, Crockett & Harkson has sold the four-acre farm belonging to Archie Con stible, at Gates Crossing, to A. W. War ley, for $850. J. Fi.nk Porter has sold for J. and Bessie Marguelis block 9, Sweeny's Addi tion, to Moses Burk, for $8500. George D. Schalk sold seven lots in Jonesmore Addition In the past two weeks. H. M. BuBh bought two; Pauline M. Stanley, two; L. E. Card, two, and J. W. Gelderbloom, one. Improvements have Just been completed in this tract at a cost of $16,000. J. C. Olmstead, the landscape artist, has been engaged by Portland Heights residents to plan a 60-foot driveway- ex tending from the Ford-street bridge to Twentieth and Carter streets. When the plans have been submitted and approved by the property owners, the contract will be awarded with the intention of complet ing the improvement early in the year. The Investment Company has Issued an attractive booklet on "Piedmont, the Emerald," that is one of the handsomest publications of the character seen. lie sides containing a description of the tract on the peninsula, and pointing out its advantages as a resident locality, the book is embellished with several halftones of excellent workmanship showing the class of buildings already erected in Pied mont. A. C. Gage, a former newspaper man, represents the company. C. P. Wells, formerly manager of Lambert-Whitmer Company's real estate department, has severed his connection with that firm. Mr. Wells has taken offices in the Worcester building, where he will continue the real estate business in his own name.. Jackson & Deerlng -have sold the two story dwelling, at 658 Quimby street, to H. H. Coleman, for $4500. WALLA WALLA'S Y. M. C. A. Building at Last to Be Formally Dedicated to Its Use. WALLA WALLA, Wash., Dec. 8. (Special.) The formal opening of Walla Walla's new $80,000 Y. M. C. A. building will take place tomorrow, and appro priate exercises will be continued foi three days. J. R. Thompson, International secretary of the Industrial department of the T. M. C. A., will be present. The building is by far the largest in the inland country outside of Spokane, and was completed a few weeks ago. While every room has been occupied for Borne time and many of the educational departments have been In active opera tion, the formal opening and dedication has been postponed until this time, . THE ELECTRICAL WORK In all its branches in the new Commercial Club Building is being installed by the Western Electric Works 61 Sixth Street Phone Main 1696 AH the Tile Work in the new Commercial Club Building is being laid by The Portland Tile S Mantel Company 'Office 217 Marquam Building. rHUMB MAXN 0873 Ceramic. Mosaic, Enameled and Encaustic Tile WHOLESALE AND RETAIL JAMES E. BARKER, Prop. Warehouse 356 Burnside, near Park Street. Branch Office and Salesroom, 451 Empire Building, Seattle, Wash. THE NEW COMMERCIAL CLUB BUILDING "Will Eave VAN EMON . ELEVATOR EQUIPMENT "Not in the Elevator Trust." San Francisco, Portland, Seattle. N. B. Taylor, Manager, 513 Ch. of C- Vigorite Lime and "J. B. White & Co. Portland Cement in the new Commercial Club Building was supplied by GEO. B. RATE & CO. Phone Main 981. 184 Madison Street. The cornice work, roofing, metal window frames and skylights on the new Commercial Club Building are being completed by the Portland Sheet Metal Worts (Incorporated.) s 429 East Madison Street, Near East Seventh. M. Renter, President. Directors G. D. Whitmer, Sec. and Treas. M. Eeuter, G. D. Whitmer, J. Hanson. All Glass for the Commercial Club Building supplied by the CENTRAL DOOR 8 LUMBE& COMPANY Wholesalers and Jobbers of all kinds of Glass for Building Purposes Sole Agents for Genasco Roofing, John W. Masury & Son's i Pure Paints, Colors, Varnishes, Etc. "OMER 13th and Gllsan. The Steam Heating Apparatus for the New Commercial Club Building is being installed by Gardner & Kendall Heating Co. HEATING AND VENTILATING ENGINEERS Main 801. 40-42' Second St. . Portland, Or. The Metal Stairs, Elevator Enclosures, Fire Escapes and all Ornamental Ironwork on the new Commercial Club Building is being completed by the Portland Wire 8 Iron Works Bank, Store and Office Railing; Useful and Ornamental Wire and Ironwork of all kinds. ( Second and Everett Streets. Phone Main 2000. The Hardware for the new Commerdial Club Bldg. will be supplied by the COLUMBIA HARDWARE CO. Second and Morrison Streets. Phone Main 1236. C. N. Stockwell, Manager. THE ADAMANT COMPANY Manufacturers of HARD WALL PLASTERS Our Celebrated "Crown" Brand Hair Fibered Cement Plaster . Used Throughout in Plastering the New Commercial Club Building. FACTORY t Foot Fifteenth St. Pacific Phone, M. 2109. OFFICE I 433 Worcester Blds.j Pa ctfic Phone Mala 718, Home A 1218. Use Raecolith . For Sanitary, Water-proof and Fire-proof Floors, Wainscoting, Stair Treads. Ask your architect about it or call or phone. THE KAEC0LITH COMPANY, 71 First St Portland, Or. Phone Main 8271 W. J. Zlmmermann, Chun. A. Strum, . . Prealdent. Vice-President. Roy H. Flack, " Secretary. . Hydraulic 8 Electric Elevator Co. inc. Manufacturers of Hydraulic and Elec tric Elevators. Hand Wood Lifts and Dumb Walters. PHONE BAST S85T. 254 E. Sixth St., Cor. Madlaon, - Portland, Ore. We Will Meet Yon Evenings by Appointment. The Electrical Appliance Co. Will Furnish Ton Electric and Gas Chandeliers. Phones i Main 4884, A 3881. 490 Washington St. Phone Main '8479 44 Second St. Between Ash and Pine WE ' RENT ELECTRIC SIGNS Lighting Fixtures Regarding their purchase the majority of salesmen do not so much concern themselves with the particular requirements of each patron from an artistic point of view as they do in making sales. The salesman who has taken pains to study into the subject and has become an artist in his line is an invaluable asset, to not alone his firm, but to their patrons. The house of John Barrett Co. has a standard. We protect to the best of our knowledge the interests of our customers. Barrett salesmen are experts. Barrett designers are artists who distinguish between what is known as "for effect" and artistic merit. The skilled workman in our shop is no mere automaton. Brains, not labor, fashion our work. THE LARGEST ARRAY OF LIGHTING FIXTURES ON THE PACIFIC COAST AT YOUR SERVICE ANY TIME JOHN BARRETT GO. 408-10-12 MORRISON STREET CHOICE FARMS 10 acres, half mile from good railroad station, 11 miles from Portland; all cleared; good orchard, well fenced, 11-room house worth $300D; 2 good barns, other outbuildings; well watered. PRICE $5000, only the value of the Improvements. 30 acres, 9 miles from Portland, half cleared, balance stump pasture; all rich, black soil, well watered. PRICE $125 PER ACRE, one-third cash, balance to suit purchaser. 11 acres, near Portland, on good public road, all cleared. In a high state of cultivation; 5 acres of good Winter apples; all fenced, well watered; good nine-room house. PRICE R4000 1 $1000 cash, balance on or before five years. 64 acres, half block from railroad station, all cleared and in a good state of cultivation; well watered; new seven-room house. PRIQE $3250 $1600 cash, balance easy payments. THE SHAW-FEAR COMPANY 245 H Stark; Street. Oregon Trust Savings Bank Depositors Who desire to exchange their accounts against this bank for close-in residence lots, can do so by exchanging their claims for lots in IRVINGTON HEIGHTS During the past three weeks over 120,000 worth of this property has been disposed of. The owner of this property will accept claims against this bank at FACE VAWB and will exchange therefor property in this close-in suburb. J. A. HARBKE 26S Stark Street, Rooms 13-19. Main 2707. A 2707. Put Your Money In WAVERLEIGH THE SAFE BANK: PAYS MORE We are selling lots to others. Why don't you buyf Don't you want your money to make money for youf If you do, invest in Waverleigh. Lots $225 and up; $25 down and $10 per month. s Streets graded, cement walks, Bull Run water. JNO. P. SHARKEY COMPANY Sixth and Washington Streets. Phones: A 2537, Main 550. Otto, Crockett & Harkson REALTY COMPANY Handle City and Farm Property, Rentals, Insurance; Take Care of Prop erty for Non-Residents. 13312 TIEST STREET JONESMORE On the Montavilla carline. The best value for the money on the market today. Graded streets, sidewalks, Bull Run water; build ing restrictions. These lots are 50x100 feet. $300 to $500 $25 Down, $10 Monthly vV e will build for you. Agent at tract. Phones: Main 392, A 2392. 264 Stark Street. , Geo. D. Schalk HOLLADAY'S ADDITION The one BEST place in Portland to buy. GEOGRAPH ICAL CENTER and MOST DESIRABLE residence property of the city. . THE OREGON REAL ESTATE COMPANY 88V2 Third Street. The cornice work, metal window frames, skylights, copper ceil ing lights, store fronts and roofing in the new Corbett building are- being completed by J.C.BAYER Cornices, Roofing, Skylights, Metal Shingles, Ventilators, Etc Phone Main 467. 263-267 Second Street. Home Phone Scott 6206. W. L. BUCKNER Shop Phone Main 68S1. CONTRACTOR AND BUILDER J30 Stark Street. Office and Store 'Finishing a Specialty PORTLAND, OREGON. A. Carlson. Chas. J. Soderberg East Portland Fence & Wire Worts Manufacturers of wood, iron and steel fencing-, bank, - ffice and balcony railing;, elevator cabs and enclosures, street signs and window guards, wire and iron work of every description. Telephone East 821. SOS MORRISON ST., PORTLAND, OR.