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About The Ontario Argus. (Ontario, Or.) 1???-1947 | View Entire Issue (July 27, 1922)
V , " ifWSIitWW I iW THE ONTABIO ARGUS, ONTARIO, OREGON, THURSDAY, JULY 27, 1922 f n JNREAL ESTATE WORLD The Statistical! Sees Now Figures That Will Upset Present Stan dards of Valuo Wellesley Hills, July 22, 1922. Roger IV. Babson, advisor to over SQTenteen thousand of the country's leading executives, has called an other turn. In a statement Issued today he outlines coming conditions in the realestate field and advises the pur chase of suburban property before it Is too late. "The big movements in real es tate usually get well under way," says Mr. Babson, "before anyone realizes what is going on. "Because they have seen land unused for yeirs most people think it will al ways continue to do so. This is why the original holder seldom makes any profit from real estate. The value is so close to his nose that he does not see it. "A fundamental change in real estate values is taking place. So far it has proceeded quietly without much publicity. Few people have 1 A few wise heads have . oponlng up millions of realized It discovered the bargains in country homos and they are quiefly buying up all the land they want for them selves and as much more as they can carry for a speculation. "My advice to those who want suburban real estate is to buy at once. For the past decade of more people have been crowding to the cities. Now, however, a reverse movement to the country is begin ning which promises to be the greatest shifting in population since thesinsitution of the railroad. With in the next ten or more years the building of suburban homes should rival the growth of the automobile, good roads, movies, the phono graph radio. "In fact, these inventions make possible (the suburban movements. A few years ago country homes were limited to the rich or to those em ployed in the country, because only such people 'could afford means of transportation. Now automobiles nave, come within the reach of the great middle class of people. They aro increasing at the rate of more than a million a year. Ten years ago there were 1,000,000 passenger automobiles in the United States. Today there are abput ten million, which is an average of one car to about every ten people. They are bringing new and better roads and Every surplus dollar not actually hidden, away is earning money for some one. Until you have a better, permanent investment for your funds, a savings account at this Bank is the ideal employment for them. Do not let a single dollar lie idle. Put it to work here. ttfcqr acres of hitherto inaccessible land. The moro cars purchased, the more fam ilies there aro who can have a su burban home, oven tho the broad winner must work in the city. Wage earners during the last period of prosperity spent their money for motor cars; in the next period of prosperity they will buy country homes. "Tho motion picture has put tho local town hall on par with the city theatre. The motor truck is giving tho rural or suburban dweller near ly the same freight and express fa cilities as has tho city. Motor bus lines are covering routes which never could be served by trolley cars. Automobiles are bringing school houses and the vil lage to within a few minutes of the country homo. Chain stores are carrying to every community tho samo efficient merchandising as the city dweller enjoys. Last but not least, the radio, especially if de veloped on General Sqijjro's wired basis, gives to suburban homes the finest city lectures and music "Tho reason for suburban expan sion, however, .is not alone the at traction of a country home. In the cities congestion of dwelling house space and high rents long have been brewing discontent. For moro than five years now these conditions have existed. Rebellion on the part of tho rent payer is reaching the point of explosion. Almost any kind of a change would be attractive. Once the average city worker realizes that with a few hundred dollars and a fllver he can get a house of his own with all the land he needs, the chances are two to one he will move. "The city no longer has a wall around it. Railroads make the first breach, but the railroads opened up only narrow strips along their lines radiating from the city. In most cases the railroads followed the valleys and low lands, which are not the best building location. Between these lines are miles of land much more desirable for build ing, but which have been inacces sible to the commuter because men had no means of getting to the train. It is in these areas between the railroad lines and within a ra dius of 15 or 20 miles qf the cities, which the motor car and good roads have opened up, that'the most spec tacular development In new build' ing should take place. "If you are interested In real es tate the situation demands action. It means that if you want to buy de sirable suburban land near any good city at present low prices, you will have to go about it at once. In selecting such property, a good plan usually Is to follow out the best resident strcen and buy where land begins to sell by the acre Instead of by the foot. On tho other hand, if you town city dwelling house proper ty which cannot be converted to business uses, the quicker you get rid of it tho better. This does not apply to business buildings nor to property which will soon be in de mand as tho business section of tho city expands. It does apply to othor city dwelling houses for which such extravagant rents are now bo ing demanded. Romember that while tho readjustment in Industry is well along, tho readjustment in real estate has only begun. "Some may ask why industry does not move to tho country? Be fore many years have passed we probably shall see a strong tendency in that direction. Many businesses can bo carried on In the country far moro efficiently than in the city. This idea that all offices and fac tories must bo located in the pop ulation centers is simply a notion handed down thru generations. In the old days industry was confined to the city and the country was left for agriculture. That was before the age of modern transportation. Of course, it must continue true in case of distributing houses. Whole salers, jobbers, merchants, etc., who group together according to their Industry in a certain part of the city greatly facilitate buying. "Manufacturers, however, find better labor conditions, lower rents and better power In the country. Hence, I would not dispute tho point with anyone that business eventual ly may tend toward tho suburban sites. "For the present, however", concluded Mr. Babson, "the main movement will be confined to tho buying of country residences. Thoso who are planning eventually to ovn a country home Bhould get busy at once, for every week you delay Is likely to cost you money." IRONSIDE NEWS LOOK FOR The Baking Powder that Gives the Best Service in Your Kitchen CALUMET The Economy BAKING POWDER GUARANTEES Pure and Wholesome Foods Tho first rain for many weeks fell Wednesday, delaying haying for a couple of days. One of the best ball games of the season was played hero last Sunday with Westfall. The score was 6 to 7 in favor of Ironside. Mr, and Mrs. Hr C. Elms, Mrs. F. Q. White and' daughter, Norma, at tended tho ball game from Unity. Mr. and Mrs. Alvin Busly spent the week end here with her parents, Mr. and Mrs. James Ehus. Lloyd Judy was an Ironside visi tor Sunday from Unity. Fred Elliott of Unity was in this vicinity a couple of days this week on business. Mr. and Mrs. Archie Murray of Baker, visited their son and family Mr. and Mrs. Hardy Murray on Camp Creek and Mrs. Murray's mother and family. F. Smith and family of Brogan were Ironside visitors Sunday. Mrs. H. C. Elms and Mrs. W. J. Hinton motored to Unity Sunday for a few days visit with relatives. Gov. Oicott passed thru hero Tuesday on his tour thru Eastern Oregon. Walt Meacham of the Commer cial club of Baker, passed thru this sectlpn Tuesday enrouto to Ontario. State Highway commissioners passed through Ironside onroute to Vale and Ontario Tuesday. Mr. McKamey of Payette, brot in a load of fresh fruit and vegetables Wodnosday. ' Mr. and Mrs. Hub Walters of Camp Creek, wont to Ontario Wed nesday for medical treatment. Mrs. Walters was suffering with an in fected finger. Mr. and Mrs. E. J. Beam and daughter, Vivian and Mr. Ray Wiso attended tho sale of Steve Kobach near Malheur City, Friday. John Westfall has returnod homo from Ontario where ho has boon ,under treatment for stomach rouble. H. Wnqffnll of flntnrln. ! accompanied him. E. A. Stagner of Fruitland, Idaho was in this vicinity Friday with a load of Blng cherries. Frank Auderson was an Ironside visitor Friday. Fat Mulligan arrlvod here Wed nesday from Ironside mountain for a load of supplies. No Failures When a "Big and Cheap" can of baking powder is offered you LOOK OUT. Every can of Calumet is the same keeping Qual ity Perfect last spoon ful good as the first. CMfJ BEST BY TEST No Watte The moderate cost of Calumet combined with the highest merit estab lishes the greatest of bakingpowder economy. You saye when you buy it You save when you use it BAPTIST CHURCH Bible school, 10 a. m. Morning worship, 11 a. m. Junior and Senior B. Y. P. W. at 7 p. m. Gospel service 8 p. m. In tho pastor's absence tho pul pit will bo supplied. Chas. II. Blom, Pastor. The World's Greatest Baking Powder UNITED PRESBYTERIAN OHUUCH Sabbath school at 10:00 a. m. Mrs. C. O. Bingham, Supt Preaching service at 11 a. m. F. E. Springer, MInlaterr A hearty welcome to all who have no other church home in Ontario. FOR SALE 140 acres 7 miles S. W. of Ontario, Oregon, on hard surfaced road to Vale. Good water, good house, fine shade and good water right. Fine place for one wanting to buy a home. Four thous and dollars will swing deal, remain der on time. For particulars write T, A. Cox, Lincoln, Illinois. 30tf. Successful Graduates Are the Best Recommendations of U. A. Vj. This institution offers n thorough, practical, and standard educa tion at a cost within icnch of thu high school graduate- It offers training for collegiate degrees In: Agriculture Mines Commerce Pharmacy Engineering and Mechanic Arts Vocational Education Forestry Chemical Engineering Home Economics Military Science and Tactics It offers training also in: Tho School of Music, Physical Edu cation, Industrial Journalism. Fall Term Opens September 18 For circulars of Information and illustrated booklet, write to THE REGISTAR, OREGON AGRICULTURAL COLLEGE Corvnllls, Oregon TELL your dealer you want to see a Fisk Tire beside any other he offers you. He has it in stock or can get it. See for yourself what the Fjsk Tire has to offer in extra size and strength, how its resiliency compares when you flex the tire under your hand, how the depth of the non-skid tread looks beside other treads. This is the way to buy tires! There's a Fisk Tire of extra value in every size, for car, truck or speed wagon aJjn J Tims to R-Uro? iwrrmrTTiMiwM .M El ti A W Tor t it w i ' ears IFnl Hi WQuiuMiAeV. I " li ii ifiiiii sr - . Same old process Same old flavor Same old value Same Health giving qualifies Same "body" Dame aging. is v jeSSpk : Budweiser Everywhere ANHEUSER-DU3CH. INCX. ST. LOUIS Boyer Bros. & Co. Local DUtrlbutor Ontario, Oregon Tfii l "See McFall and See netter" DR. J. A. MTALL Eyesight Specialist, Ontario, Ore. WE GRIND OUR OWN IvENSKS Phono 11