Image provided by: University of Oregon Libraries; Eugene, OR
About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Sept. 23, 1906)
20 THE SUNDAY OREGONIAX, PORTLAND, SEPTEMBER 23, 1906. BIG FALL DEMAND FOR REAL ESTATE Autumn Market Opens With Rush and Many Deals Are Already Completed. SALE OF WAVERLY TRACT Joseph Healy, Who Bought Property Last Year for $85,000,. Closes to Los Angeles Capitalists at $65,000 Profit. Every promise of a heavy Fall trade In Portland realty is being fulfilled, and Indications are that the transfers will reach .a higher total for the re mainder of the year than they did dur ing the same period in 1905, which sur passed anything previously known in Portland. The Summer lethargy has entirely disappeared, and sales involv ing large considerations are being made with great rapidity. Beginning two or three weeks ago, there was a great increase in activity, which is more than holding its own, additional purchasers who mean business appear ing in the market each week. There are few real estate dealers of standing in Portland who have not all the business they can conveniently at tend to at present. Many of the offices are so taxed that they find It difficult to meet the demand of prospective cus tomers who are anxious to Inspect the offerings on their sale lists, and scarce ly a day passes that there is not one or more transactions of importance concluded. One of the greatest problems which confronts agents in Portland today is not to find customers, but to list in side property. In the first place, there Is a great deal of Portland which is practically off the market. The reason for this Is that the holdings are both bringing in a revenue from rents or leases which pays a handsome dividend on the original investment and a very fair revenue on the market value of the properties at present. In addition to" this, values are constantly on the up-grade. Owners see no reason in selling when they are receiving good Interest and are seeing their invest ments grow in value, without trouble to themselves, at the same time. Demand Exceeds Supply. This Is especially true of Washington-street property and other holdings In the central business district. The result Is that there is keen competition among the dealers to list inside prop erty, and the offerings which are being made at attractive figures are being picked up almost as fast as they are placed on sale. Another result of the rising market is that owners are slow to give contracts for the sale of their property, or when contracts are given they are for an extremely short time. This throws the dealer at a disadvan tage, as definite contracts are an es sential as a factor in a quick-moving market. Many large sales have been, spoiled in Portland by owners raising prices at the last minute. Often they put the properties on sale at a figure which they consider altogether ample remuneration, but when their price is met decide that they should have a lit tle more, and thereby block the sale entirely. Brokers assert that it would be to the best Interest of the market, the city at large and the owners them selves If they would give definite con tracts extending over a reasonable length of time, and thus make possible more tangible propositions to the capi talists who are. anxious to invest in Portland realty. Some of the largest sales which have been under way during the past week are still under cover, it Is currently reported that several of the most Im portant deals of the season thus far are now well under way, and will be reported during the coming week. The big sales which have already trans pired have opened up the situation, and there are a number of transfers, involving $100,000 or more each, which will doubtless be closed during the next few days: The largest single deal which was completed during the week is the sale of the Waverly-Kern tract, which was announced as under way In last Sun day's Oregonian. The tract contains 140 acres, and is the most Important operation In East Side property which has been carried through for several - years past. Clears $05,000 In One Year. The acreage was owned- by Joseph Healy, one of the local realty dealers, Who purchased it a year ago for J85, 000. At that time many people who did not appreciate the real values in Portland realty did not believe that it was a good investment. The fact that Mr. Healy has now sold for 1150,000. thus clearing $65,000, shows that it is a new Portland wlh which Investors have to deal today. ' Even at the large advance, it Is rec ognised that H. W. Lemcke Company, of Los Angeles, the purchasers, have made a good Investment. With Mr. Lemcke are associated E. C. Herlow. of Los Angeles, and J. p. Sharkey, of Portland. They will immediately plat the land and put the tract on the market. It Is proposed to make It one of the select residence districts of the city, and the steady demand for this kind of property gives Indication that there will be no trouble in Belling the lots. It la proposed to lay out a 100 foot boulevard, running east and west through the tract, and all other fea tures pertaining to a desirable resi dence district will be provided. Callfdrnla Investors have been more In evidence in Portland during the past year than ever before. They are be ginning to realize that there are better opportunities offered here than In any other Pacific Coast city, and are taking advantage of them. Dealers report constant Inquiry from California capi talists, and it is expected that much of the money from the South will be placed here before the close of the present year. Willamette Iron Works Buys Site. The operations of the Willamette Iron A Steel Works have also been a feature during the past week. After concluding an Important sale, the company pur chased yesterday a large tract which will be used as an addition to Its new site In North Portland. The land bought Includes 12 lots In Sherlock's addition, lying north of York street on both sides of Factory street, giving a tract 100x300 on each side of the thoroughfare. Al though the consideration was not an nounced, It is known that the price was one of the highest yet paid for lots In this Important warehouse and factory district. The company will use thls-land in ad dition to the large tract which it pur chased a year ago and to which both the Willamette Iron & Steel Works and the Willamette Boiler Works are being re moved. It is understood 'that a large warehouse will be built upon a portion of the site purchased. Earlier in the week C. K.- Henry, who negotiated the transaction, sold for the same company Its present office at the southwest corner of Fourth and Gllsan streets. The- price paid was $40,000, and the purchaser Is H. L. Colvin, who for merly had large logging Interests at Marshland. The building 1b a two-story brick, covering a single lot. Another sale In North Portland con cluded yesterday was that of the August Erickson property on the west side of Second street, between Burnside and Couch. The single lot, occupied by a two-story frame building, was sold to Louis Gerlinger and was the third piece of realty bought by him during the past three weeks. The price was $26,000. Qrindstaff & Bchalk made the sale. The building sold Is half of the Erick son saloon and concert hall, which has for years been one of the most notorious resorts of Its character in the North End. The sale leaves Mr. Erickson with, out ownership to either portion of the building, but he will continue occupancy, having leased from the new owner. Chinatown Property Sold. . ' Mr. Gerlinger purchased a few days ago a three-story brick building, 25x75, at the southwest corner of Second and Alder streets. It was bought from H. G. Col ton for $40,000. - The structure Is now occupied by Chinese, but their lease SUBSTANTIAL mm 1 mill ISiilli rj in - J 4 , it it 3. T. O'SHBA'S FOl'B-STORY BRICK AT SECOND AND AXKENT. The four-story brick which Is Just being completed by J. "F. O'Shea, at the northwest corner of Second and Ankeny streets is one of Portland's substantial new business buildings which has escaped general notice, being situated some what apart from the central retail district of the city. It covers a full quarter-block and will be occupied by stores on the lower floor and lodging apartments above. The plans were drawn by Richard Martin, Jr. This structure is a good example of the better class of business buildings which are being erected In the northern section of the city. expires In April, when the building will be remodeled and' leased to white ten ants. The northwest comer of Second and Main streets, 50x93, was purchased yester day by Frank C. Baker and Abraham Tichner for $25,000. C. J. McCracken of the Sphinx Agency, negotiated the trans fer. Several other sales at good prices have been recently made In that vi cinity. A. H. Ellers has just purchased a lot on Sixteenth street between Everett and Flanders, for $SOO0 from the Fire Asso ciation of Philadelphia. The sale was made by W. B. Streeter, who with E. J. Daly has sold to Mrs. Gertrude Russell a parcel of land, 20x104. on Washington street between Nineteenth and Twentieth. The owner was L. A. Patterson, and the consideration $7509. C. Ben Rlesland, a well known local real estate dealer, has just resigned his position in the realty department of the Portland Trust Company. Beginning to morrow he will be associated with the Moore Realty Company. Y. M. C. A. Building Project. The most Important building project announced for some weeks Is the struc ture now planned to be constructed .by the Y. M. C A. and Y. W. C. A. at a cost of $350,000. The interest which is being manifested in this movement gives assurance of the success of the associations in raising the money nec essary to finance th& proposition and the subscription lists are already being generously signed. This step on the part of the local association workers assures the city of another handsome building, which will be both ornamental and useful or, rather, of two buildings, for there are to be separate structures, although erected Jointly. The buildings will oc cupy a half block, and will be located in the center of the city upon a site which Is to be purchased later. Transfers for Week. September. 17 $47,312 September 18 , 42,006 September 19 ,. 35,556 September 20 ,.. 63,406 September 21 :.. 26.013 September 22 24,448 Total 238,741 Permits for 'Week. September 17 $ 69.116 September 18 1,27 September 19 18.650 September 20 f. 11.760 September 21 . 3,950 September 22 ,.. .' 21,000 Total "..$125,761 WILL OUTLAST PYRAMIDS. View of Consulting Engineer Re garding Steel Frame Buildings. PORTLAND, Sept. 22. (To the Editor.) How long will the skyscraper last? Since the announcement that many new skyscrapers are to be constructed here, there has been considerable discussion of this question. Consulting engineers who are familiar with the problems in volved are agreed that If proper precau tions are taken to protect the structural steel from rust and fire there Is practic ally no limit to their endurance. In view of the fact that millions are to be put into these new skyscrapers, the assurance that they will stand for gen erations has given their owners a feel ing of security. The ordinary observer hardly realizes what extraordinary precautions are nec essary to prevent any serious injury to the big steel structures. Foundations even of structures 20 to SO stories high are now so firmly built that although the whole building may weigh hundreds of millions of pounds. It cannot sink the fraction of an Inch. The large area of a structure over 500 feet high makes the question of wind bracing one for very serious and- accurate calculation, but consulting engineers have now got the thing down so fine that they can work out this difficult problem to a nicety. With the question of foundations and wind bracing settled, then come the problems of protecting the structural steel from rust and heat and the proper use of flreprooflng materials. It is upon the adequate protection of the steel that the life of a skyscraper depends.' -Once rust or corrosion sets in, the destruction of the whole building would become a matter of time only. But this Is one of the most unlikely things that could hap pen in the modern skyscraper. Struc tural steel is now so thoroughly encased that moisture and damp cannot affect It In any way, and at the same time pro tects the steel from buckling In case of fire. The great height of the modern sky scrapers makes It indispensable that they should be actually flreproof-that Is, un burnable. Consulting engineers are agreed that this can be most effectively done - by building the floors and parti tions so. that in the event -of fire it Is confined to the area in which it starts. The remarkable showing made by the steel skyscrapers In San Francisco, and the fact that many of - them are ready for occupancy again, proves that sky- BUSINESS BLOCK NEARING It 4&I scrapers of this type of construction are safe from any fire. Electric installation in big buildings Is now so carefully done that the dan ger of electrolysis is very remote. In fact, as engineers point out, unless some unknown danger arises, skyscrapers of the modern day will stand as solid and as enduring as the pyramids of the ancients. WILLIAM W. GooDRICH. Saturday's Real Estate Transfers. Clara. Doyle and husband to Mrs. H. A. Swanson, lots 1 and 8, block 101, Caruthers' Addition $ 10 James Davis and wife to Hermine A. Weber and Hermine Baylls, lots 5 and 6, block 8. Dolan's Addi tion 1,600 Sterling Land Company to A. Sulldsboel. lot 7, block 12, Dosch er's Second Addition 700 M. E. Thompson ana wife to W. H. Nunn. lots 7 and 8, block 18; lot 4, block 23; lot 8, block 14, North Irvlngtnn 600 N. L. Gllham and wife to W. D. Woodman, lot o, block 3, Gilham's . Sec. Addition 175 Wl'.llam D. Woodman to E. J. " Woodman, lot 5, block 3, Gilham's Sec. Addition 1 John Killgreen and wife to A. M. Dewar, lot 13, block 31, Alblna 3,000 Eliza Metjser and husband to First Free Methodist Church, lot 8, block 4. Mount Hood AcUition 160 Moore Investment Company to C. J. Ot'tercHhl. lot 8. block 64, Vernon. 175 E. Waterford to Abbott of St. Bene dict's Abbey, Mount Angel. lots 13, 14. 15, 16 and 17, block 10, Boise Addition ; 1,100 Ella Woodward and husband to Ad die Schwartz, lot 5, block 10, Clif ford's Addition to Alblna 10 David Goodsell and wife to B. F. Lohr. lots 3 and 4. block 21, Co lumbia Heights 250 G. B. Tucker and wife to W. D. KIrkpatrlck. lots 1. 2 and 3, block 69. Lnlversity Park 900 T. H. Strang and wife to R. S. . Bean, lot 2, block B, First Addi tion to Holladay Park 2.600 Hiram White and wife to John A. Fenton, lot 3, bloak 1. Laurel wood. , 300 O. W. Taylor and wife to H. H. -Johnson, - lot 6, Taylor's Subdi vision 300 Security Savings & Trust Comopanv to Willamette Iron & Steel Works, lot 8. block 36, Couch's Addition... 1 Annie Pearson and husband to Wil liam Hay-hurst, lots 13. 14, 16. 17, . 18 and 21. block 2, Sec. Electric Addition 1,050 John Renfro to L I Cooper, lot S. St. Johns Heights 4,800 Qiea Van Bolton to Security Sav ings & Trust Company, lot 4, block I. Ravensvlew Addition 1,500 Arleta Land Company to Lizzie Woodin. lota 19 and 20, block 6, Arleta No. 2...: 249 Fannie Sutherland and husband to Security Savings & Trust Com pany, lot 3, block 277. Portland 10 American Trust & Investment Com pany to Security Savings & Trust -Company, lots 5 and 8, block 205, ' Couch's Addition ' '1 Charles Heller and wife to W. A. Warner, lot 12, block 12, Lincoln Park 275 Land Company of Oregon to J. M. Nlckum, lots 1 and 2, block 6, City View Park 637 A. B. Manley and wife to A. W. Dewar. lots 3 and 4, block 4, Irv lngton Addition -4,750 Real Estate Investors' Association to Fred Bauer, lots 12 and 13, block 101; lots 12 and 13, block 102, Sell wood 550 Nettie Palmer to C. C. Mauren, lots 11 and 10. block 101. Sell wood 250 Title Guarantee & Trust Company to Herman V. Tarter, lot 5. block 14. West Piedmont 250 J. W. Cook and wife to O. L. Bar- -rett. lots 2 and 3, block 2, Cook's Sec. Addition to Alblna 1,060 Total $24,448 Ray your stwtracts made by th Security Abstract Trust Co., 7 Cbambcr of Coramro. H vise. - SAVED BY ORATORY Auto Owner Pleads His Own Case in Municipal Court. SARCASTIC OVER ARREST Pays Respects to Police for Enforc ing Law Against Oil Spilling. Doings of a Day Before - Judge Cameron. His legal training stood Francis Clamo, an automobile enthusiast, in good stead yesterday - morning, when' : he and two others stood before Municipal Judge Cameron, charged with permitting oil leakage to fall on Portland's -asphaltum pavements. He was arrested by Patrol man Richard Barter, to whom he referred as "a Chesterfield," a "pretty boy," etc. It was evident that Lawyer Clarno was somewhat bitter, although he es- COMPLETION , -3 f'f sayed to treat the matter lightly, and seemed most chagrined because "Ches terfield" Barter had refused to permit him to go to police headquarters unac companied when the arrest was made early Friday evening. It was humiliating, Clarno thought, to be escorted by a uni formed policeman through the city's main thoroughfares. Lawyer Clarno, whose specialty is mining, had been accustomed to leave his auto in front of his office in th Washington building, and it, like soma such machines, had been guilty of drip ping oil on the pavement. It happens that the police mean busi ness in this oil dripping matter, and will stand for no nonsense. The tip to get busy came In the form- of a com munication from Mayor Lane to Chief of Police Grltzmacher, calling attention to the oil nuisance, and advising the ar rest of guilty autoists. The communication was received at headquarters Friday morning and Friday evening saw three arrests. Clarno was among them. The others were H. Becker and C. M. Parker. All were ar. raigned before Judge Cameron yesterday morning. They frankly admitted that -oil from their machines had undoubtedly dropped on the pavements. They said, however, that they thought the offense less grave than horse stealing, and they were rather surprised at the military grip of the police on the situation, es pecially since no arrests had been made or warnings given before that time. After Lawyer- Clarno had finished a lengthy and most polished address, "in which he flung sarcastic shafts right and left at the police. Deputy City At torney Fitzgerald explained that the ob ject of "the arrests was more to warn the autoists than for any other pur pose, and that the cases would be heard further at a later date. It is admitted that no fines will be imposed, as the law on the subject has not been enforced heretofore. It will be henceforth, how. ever, and Mr. Clarno has put canvas un der his auto to avoid further trouble. "I sent my daughter to Rohse's saloon to get beer for soup," said Mrs. Mary Yaeger in the Municipal Court yeBterday morning, when she- was questioned by Judge Cameron and Deputy City Attorney Fitzgerald. The courtroom tittered. "If you sent your daughter to the sa. loon for that beer, you should pay the defendant's fine," said Mr. Fitzgerald. "You are the one who should be pun ished," chipped in Judge Cameron. Gus Rohse, the defendant, was arrested Friday evening by Patrolman Roberts on a charge of selling liquor to Minnie Yae ger, aged 16 years, and when he was asked to plead, said he was guilty. "The girl came to my saloon with a note from her father, telling me to give the beer to the girl," explained Rohse. "I gave it to her, but she did not enter the saloon." Mrs. Yaeger recently had a saloon keeper arrested for selling liquor to her husband, and created a great stir about it, and Judge Cameron remarked that, at best, she waa not very consistent in sending her own daughter to a saloon. The case will be tried Monday. If you were the owner of a house, how would you like to have a man and his wife and child take possession without your knowledge or consent, move In their .belongings and enjoy all the com forts of a home, just because they wanted toT This la precisely what Philip and Ger. trude 9nydr did, when they moved into a house at 344 Front street, owned by Mrs. Emily Stoehr, tat whom George N. Driver Is the agent. As soon as Mr. Driver and Mrs. Stoehr ,. -Vrt,U . T.'U :i: u1;Vo i ; kW I ft xh vwl? STANDS FOR AGE, QUALITY, PURITY AND UNSURPASSED EXCELLENCE Today the most popular beverage on the Pacific Coast Our Bottled Beer is the ideal product for family trade The Famous Kaiserblume Bottled Beer, owing to its nourishing and sustaining qualities, is found to be almost indispensable to young mothers HENRY . WEINHARD Phone Main 72 learned of the peculiar stunt of the Snyders, they called the attention of the police to the case and asked warrants for the arrest of the trespassers, wnicn were Issued. Yesterday morning the de. fendanta were before Municipal Judge Cameron and admitted that they had no legal right In the premises. Judge Cameron gave them until 2 o'clock in the afternoon to remove their belongings. They at first demurred, say ing they could not get out until Monday, but the court stood pat. Police Captain John T. Moore, com manding the day patrol. Is not at all superstitious. He has seen too many years in military and police service for that, but he came near being convinced yesterday that there is something In palmistry. He knows now, however, that In his particular case he was buncoed. There was a lull In business yesterday. There is a familiar saying, and a true one, that "Time proves all things." When a medicine has stood this test for a period of forty years and is then more in popular favor than ever, there is no doubt as to its merits. This is the standard by which S. S. S. has been measured, and its record of forty years of cures fully justifies its popularity as a blood medicine. For nearly half a century this great remedy has been used in the treatment of blood and skin diseases of every character, and so satisfactory have been the results that it is now the best known and most widely used5blood medicine in the world. The success of S. S. S. is based upon the fact that it has always done everything claimed for it ; it has maintained the confidence of the people because it deserves it. The constantly increasing demand for S. S. S. is the result of the good words spoken of it by those who have been cured of disease by its use, and know from experience that it is the greatest of all blood purifiers. iTS FORTY YEARS OF EXISTENCE HA VE BEEN FORTY YEARS OF CURES. For Rheumatism, Catarrh, Scrofula, Chronic ores and Ulcers, Skin Diseases, Contagious Blood Poison, and all other , diseases due to an impure or poisoned condition of the blood, there is nothing that equals S. S. S. It counteracts and drives out the germs and poisons, cleanses the system of all unhealthy matter, cures the disease permanently and restores strone. robust health. Where the ' Gentlemen: For several years I was a sick man. Jnst what -was the matter I do not know, but I do know I was indeed" a sick man and ooald get nothing that would bring ma out. I tried local doctors, specialists, highly advertised tonics, pills, compounds, and everything that was reoommended to me. Last winter my trouble was at Its worst. I was unable to work for several months, lost in flesh, had no ambition or energy whatever, and was ex tremely nervous. I became alarmed as to my condition. I asked a friend of mine what I shouid do, telling him If I didn't get something shortly to build me up that I would not last much longer. He told me S. S. 8. had done him a world of good in some chronio trouble and strongly ad vised me to begint. I did so, but must admit with little faith, as I had tried so many things without ienefit. Im agine my glad surprise to And I was actually improving after using a few bottles of the medicine. Of course I continued on with the medicine with the result that it put me on my feet again and made me a well man. I believe my blood had gotten very weak and impure, and as a result my general system became so run down and debil itated that I would have given way under it had I not fortunately gotten hold oTyour S. S. 8., the greatest of all medicinal preparations, in my humble opinion. Wooster, Ohio. L. Y. McCLTJRE. ' ' ' ties, it acts gently and pleasantly on the delicate members and tissues of the body. S. S. S. enjoys the distinction of being the only blood medicine on the market that does not contain a mineral ingredient of some kind. If you are in need of a blood remedy do not experiment with unproved medicines, but get S. S. S., the remedy that has the endorsement of millions of people, and one that has proved its worth by its forty years of cures. All sufferers from blood or skin diseases are invited to write our Medical Department, stating their case, and our physicians will take pleasure in giving any medical advice needed, and will send our books on the different diseases. We make no charge for the advice or the books. THE SWIFT SPECIFIC COMPANY, ATLANTA. GA. BREWERY and Captain Moore was given a "reading" by John A. Mears, of the detective bu reau. As Mears progressed, giving -the cap tain's age, date of his marriage, name of his subject's son and his age, detailed other events In Moore's career and fin ished by revelations that astounded the captain, the latter pronounced Mears a wonder, and expressed great surprise at his remarkable ability. "What else can you tell?" asked Cap tain Moore, In wide-eyed wonder. Mears .laid hold of the captain's hand, scrutinized it very closely, and replied: "I see that not long ago you laid a choice Havana filler In yonder desk, and by this peculiar line, it Is quite evident the filler Is for me." That settled It. Captain Moore "turn, bled" right there. He glanced around quickly, and caught Desk Clerk Casey giggling. - Then he recalled that for sev ITEMS OF'GU Portland, Ore. eral days Casey had been making in quiries about Just such things as Palm ist Mears had revealed, and he shw at a glance that he had been "Jobbed." Captain Moore joined In the laueh with the station officers, but when you men tion palmistry to him he looks coldly over your head. In the Municipal Court yesterday morning. James Sullivan, M. J. Tuhey and M. T. Tuhey, arrested by Patrolmen Lillis and Adams on Grand avenue for robbing a fish market, were arraigned anil entered pleas of not suilty. They will ho given preliminary hearings tomorrow. They were captured after an oxdtinK chase, during which the officers tired sev eral shots. A whole field of buckwheat blossom 1 often lilackened during the passage of a thunderstorm. 011 blood is weak or anaemic and unable to nourish the body as it should, S. S. S. sup plies it with the healthful properties needed, and being a bracing, invigorating tonic it builds up the entire system. It goes down to the very bottom of all blood disorders and in this way reaches deep-seated and inherited cases on which the ordinary sarsaparillas and tonics have no effect. S. S. S. is also an ideal old peoples' remedy, relieving the diseases and discomforts of old age and giving strength and vigor to their declining constitutions. Not only is S. S. S. certain in its results, but it is safe. Being made entirely from roots, herbs and barks of the forests and fields, chosen for their cleansinsr, healine and buildinpr-up proper-