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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Oct. 14, 1906)
rrr THE SUNDAY OREGONIAN. PORTLAND, OCTOBER, 14, 1906. E GETS ITS INNING Knox-Abrams and Waverly Kern Tracts Sold for Platting. LATTER BRINGS $150,000 Ladd Field, Only Remaining Big Acreage Tract in Suburbs, Said to lie Also Designed for Early Flatting. A strong feature of the realty market during the past week has been the sale of large suburban tracts. Several deals involving large acreage have been closed and other transactions of the same char, acter are now under way. It is an ac tivity which is more important than the mere amount of money Involved indicates, as it denotes the general growth of the city better perhaps than sales of any other kind of realty. It is a significant thing that large acre age tracts which a few years ago were thought to be so far distant from the center of the city that it would be an Indefinite time before they would be In demand for residence tracts are now be ing platted and sold in single lots and quarter blocks for home Bites. This move ment has been going on during the past year with greater rapidity than ever be fore in the history of the city. In all directions and upon both sides of the Willamette the expansion has been going on and the dividing line between country and city has been gradually moving fur ther and further from the business cen ter. Those who knew Portland a few years ago cannot take a trip through the suburbs without witnessing the signs of this enlargement with surprise, but in dications are that still greater changes will transpire In the next few years, and that land which is now considered valu able only for farm purposes will be changed into thriving suburbs. Knox-Abrams Tract, 83 Acres. One of the finest acreage tracts on the Kast Side remaining intact was sold dur. ing the past week and will immediately be laid out in lots and offered for resi dence purposes. This is the Knox-Abrams tract, containing 83 acres, which has been purchased by the Overlook Land Com pany for a consideration announced as between $100,000 and $125,000. It was pur chased from J. E. Haseltlne through A. F. Swensson & Co. The purchasing firm was recently Incorporated by H. Wemme, A. F. Swensson and George W. Joseph. All of those Interested are heavy oper ators in Portland realty and the company is said to have several other large trans actions also in view. A survey Is now being made of the tract and as soon as it is concluded the land will be laid off in lots. Streets will be run, graded and curbed, cement walks will be provided and the tract will have all of, the conveniences of an up-to-date residence section. It lies at the same dis tance from the heart of the city as Irv Iugton and Is 200 feet directly above the river. It is west of Maryland avenue, south of Skidmore street and east of the O. R. & N. right of way. Another tract recently nnld. which also SUBURBAN AGREAG J. WHYTE EVANS, No. 7 Chamber of Commerce Building:, City shows the increased demand for suburban residence sites, is the Waverly-Kern tract. It was sold by Joseph Healy to H. W. Lemcke & Co. for $150,000. showing a gain in value of $65,000 during the past year. This land will also be arranged for a modern residence section and placed upon the market. The placing of these two tracts on the market marks the passing of two of the few close-in lots of acreage to remain in tact. The only other large vacant piece of realty, as near as these, is that known as Ladd's Field. It is rumored that ne gotiations are now under way whereby it will also be placed on sale soon for residence purposes by a local firm. Two factors enter Into the extension of the residence district of the city. One is the actual increase in population and the other Is the expanse of the business district, which is, increasing the values of property on the West Side and causing people to move to cheaper locations. This latter movement is very well shown by the changes In the public school situa tion throughout the city. The building of new school houses and the enlargement of present ones In the outlying districts of the East Side has been very marked, while the attendance at some of the most central schools on the West Side has not only shown no increase, but In some cases actual falling off. In the Ladd school. Mil JA.-rr,i-s-z&&nsrt.A.ijt fera t ii ; " -r-n- tm - k 4KI TJJssiifmiif 'Hi I1 v; 'TO ' I I BRICK Bl II-DING NOW I'XDER CONSTRUCTION . FOR L. Q. S WETLAND, STREETS. KMIL SCHACHT. ARCHITECT. for instance, there has been a decrease for several years past, as the near-by property has risen in value. This year, however, there is again an increase, which indicates that apartment houses and flats are being built to accommodate those who desire to live close in. Dr. Parker Buyer and Seller. Two very important sales in downtown property were concluded yesterday. Dr. H. H. Parker figured as the purchaser in one and as the seller in the other. The piece sold by Dr. Parker is the quarter block at the southeast corner of Fourth and Oak streets. It was purchased by the Board of Trade Building Company and the consideration is divided into 30 an nual payments. The property immediate ly adjoins the Chamber of Commerce build, ing and is one of the most choice sites on Oak street. Frame buildings are at present the only improvements, hut they mr r r t LD t will be removed and replaced by a sub stantial building in the near future. Simultaneously with this sale Dr. Park er bought the quarter-block at the south west corner of Fourth and Oak streets, immediately across the 'street from the piece which he sold. It was purchased from Mrs. Levi Shite, and the price is an. nounced as, in the neighborhood of $100. 000. Dr. Parker said last night that as yet he had no definite plans for the im provement of the property, but it Is be lieved that a large building will also be erected here, as it is known that the purchaser had considered building upon the quarter-block which he sold. Sales That Help Oak Street. These two sales mean much for Oak street, which has been showing many signs of improvement during the past months. The erection of the 12-story Wells Fargo building at Sixth and Oak streets h'as had its influence in increas ing the value of holdings along Oak as well as Sixth street and other Important Improvements, among them the new home was one of the purposes of Mr. Blyth's trip to Europe, but the San Francisco disaster so affected the money market that it was decided to postpone the proj ect for the future. However, tne building project has by no means been given up, according to members of the firm. The plans will be carried forward and actual construction of the skyscraper will com mence as soon as practicable. The only sale of Washington-street realty announced during the week was that of a small strip, 3ix95, on the north side between Eighteenth and Nineteenth. It was owned by M. A. Hirsch, and pur chased by Alexander Kerr. There is a six-room cottage on the lot. The sale was made by E. J. Daly and the consideration was not announced. Pending Sale on Washington. Another and much larger sale on Wash ington street is known to be under way. of the Commercial Club, are planned for this thoroughfare in the near future. Percy H. Blyth. of the firm of Russell & Blyth, returned to Portland during the past week from a lengthy trip In England and Scotland, and announced that no im. mediate steps will be taken towards the LADIES AND GENTLEMEN: Buy now, dirt never Dinna wait now is the time Years ago you should have bought and increased your wealth as you know others did. ' 'Tis not too late; better prospective conditions than ever exist. v LADIES AND GENTLEMEN : You cannot go wrong in buying now. Patrick Henry, your old' friend, said, "There is only one way of judging of the future, that is by the past," our only criterion. There is no city in the Union presenting such opportunities as are now knocking at your door. Where can you find XTU CA vviicic v.cin vuu Ainu ii rapidly? See Evans if there is anything you want or want to dispose of, and see Evans if you want to know how he discussed conditions with our elderly pessimist. 15-story building which the firm proposes to construct at the northeast corner of Sixth and Stark -streets. The securing of money for the erection Qf this structure Negotiations are only pending, however, but announcement of the transaction will be made this week, if it is closed. The lease of the M. E. Gearin lot at the northwest corner of Fourth and Wash ington streets, concluded Friday, "has at tracted much attention because of the im portance of the property affected. Roth child Bros, have secured the property for 20 years at a consideration reported on the streets to be $2000 a month. It is also said that a fine steel structure office building will replace the unsightly frames now on tho corner. Lumont & Harris announce a num ber of sales during the past week, most Important of which Is the trans fer of a quarter block at the northwest corner of Fifth and Grant streets, from Nathan Solomon to M. M. Spauldlng for $20,000. The firm has also sold the quarter block residence site of W. M. Killingsworih to Lucy Lumsden. at the northwest -corner of Alberta street and Williams avenue, for $4500; a lot on Twenty-fourth street, between John son and Kearney, for Beno & Ballls to Frank Klernan. for $3100. and a quar ter block at the southwest corner of Alberta street and Williams avenue WiFSI i - - - t FIFTH AND WASHINGTON for Goodnough & Stearns'to A. Lums den for $3J00. Through the same firm Frank Mulmquist has sold 1160 acres of timber land in Crook County for $10,300 to a purchaser whose name is not announced. Frank C- Baker Makes $2000. Frank C. Baker has just sold his In terest in a lot at the northwest cor ner of Second and Main streets to Ab raham Tichenor for $14,500. Mr. Baker and Mr. Tichenor purchased the prop erty ten days ago for $25,000, the for mer therefore clearing $2000 on his transaction. He announces that lie has withdrawn the rest of his holdings from the market for the present, as they are bringing a good revenue and he is well satisfied to retain them. The northwest corner of Fifth and Couch streets, half a lot. has been sold by A. F. Swensson & Co. for the Howe will be cheaper. income property i. r piupeny ior investment increasing heirs for a consideration thought to be in the neighborhood of $20,000. The. name of the purchaser is not an nounced. The site is occupied by a two-story frame building. The same firm had sold the two-story flats, owned by Dr. Fred Drake on Thir teenth street, between Clay and Mar ket, to L. Krause for $13,000. The flats occupy a single lot. The residence of A. F. Swensson 8t Twenty-second and Kearney streets has been sold to Eg bert F. Ferris for $5000, and the firm has sold two partial lots at Broadway and Victoria streets for E. A. Grans to Mrs. P. V. Hoistom for $3150. Permits for Week. October S $ 27.325 October 9 17.8.10 October 10 27.150 October 11 9.D25 October 12 17.350 October 13 9.725 Total $109,205 Transfers for Week. October 8 $ S9.702 October 9 219.7S5 October 10 104.990 October 11 97.617 October 12 31.00 October 13 6S.4S5 Total .'$611,673 Saturday's Ileal Estate Transfers. Ralph L. Nickum to Agnes Rob erts, lot . block 20, City View Park AfUltlon to Sellwood $ 250 Albert Cleveland and wife to Annie J. Lawrence and Herbert E. Ray mond, lots 8. and 5, lying south east of the right of way of the Portland Railway Company, in block K, Greenway 10 Angellne B. Richards to Frank Schuebler. lot 19. block 15, Bl berta 150 S. W. Stryker and wife to Brit O. Fatland. lota 19, 20, 21 and 22, block 1. and lots A and B, in block . Santa Rosa Park Addition 20 Title Guarantee & Trust Company to J. A. Dunn west half of lots 13 and east 17.97 feet of lot 14. block 67. Sunnyslil? Third Addition 373 Andrew J. Bobbins and wife to Ma mie M. Clements, lot 9. block 2. MQUlton & Scobey's Subdivision of block B. Tibbetts' Addition to East Portland 1.S50 Luther Scott and wife to Betsle C. Larson, iots 25 and 26. Santa Rosa Park Addition 50 S. W. Stryker and wife to Betsle C. Larson, lot C, in Santa Rosa Park Addition 5 Point View Real Estate Company to Oscar Mayes, lots 25 and 26, block 1. Point View 200 R. B. Carey to Ole SaM. lot 4, block 1. Holladay Park Addition 875 F. A. Knapp and wife to D. L. Fles- ter and wife, one acre beginning at point on east line of section 18, T. 1 S., R. 2 E.. 1494 feet south of stone at section corner of sections 7. 8. 17 and 18, T. 1 S.. R. 2 E 350 Clifford Ackley and wife to W. J. Hawkins, lot 6, block 11, Lincoln Park Annex 20 John Gregory to Joseph L. Turner, lot 6. block 8, Railroad Shops Ad dition 2.500 Alberta W. Thompson and husband to Isaac Leisy and wife, lots 1 and 2. block 8. Woodlawn Heights 1,950 W. C. and M. E. Aylsworth to Frank Dietman, lot 2, block 2, Hewitt's Addition to Mnntavilla 950 Mary Phelps Montgomery to John W. Treber. lot 24. block 11. Original Townslte of Albina 475 John W. Treber and wife to J. H. Koch. lot 24. block 11, Original Townslte of Albina 500 Lawrence S. Kaiser and wife to Anna C. Smith, west half of lots 1 and 2. Kaiser's Subdivision of block 1. King's First Addition 2,000 The Title Guarantee & Trust Com pany to M. A. and E. R. Raymond, lots 5 and 6. block 69, Sunnyside Third Addition 750 Lavina Staver to Grace A. Staver. west half of lots 5 and 6. block 238. Holladay Addition to East Portland 1 George W. Brown to Elizabeth Thomas, lot 17, block 3, Laurel wood Park 90 George W. Brown to J. D. C. Thom as, lot 16. block 3. Laurelwood Park MO Portland Tru.t Company of Oregon to Calvin FollPtt. lot 4. block I, Portsmouth Villa Extension 375 Eliza Caxebeer and husband to J. A. Follett. lot 4. block 1. Ports bringing greater net returns? 'j j : Broker mouth Villa Extension 1 Henrietta Jarvla and husband to H. S. Stone, parcel land commencing at northwest corner of lot 1, block 11. Peninsula Addition to East Portland 500 Frank Axtell and wife to Henrietta Jarvip. lots 1 and 2. Shaes, East Fairvlew 850 David Goodell and wife to Oella M. Morris, lots 3 and 4. in S. block 2. Columbia Heights 200 Meridian Investment & Trust Com- ' pany to W. G. Gosslin and H. L. Hamblet, north half of southeast quarter and southwest quarter of southeast quarter, section 2. T. 2 N.. R. 2 W 10 George W. Brown to Sadie M. Bry ant. Iots 21 and 22. block 3, Eve lyn 250 XV. M. Davis to J. H. Andrews. lot 2. block 4. Failing's Addition 1 William Kllllngsworth and wife et al. to J. L. Barnard, lot 11, block 14. Walnut Park 750 William Mills to John E. Htller. lot 14, block 7. St. Johns Park Addi tion to St. Johns 400 George Blersdorf and wife to Es ther C. Boggs. lot 5. block 21, Al bina Homestead 340 Electric Land Company to Sarah S. Ball, lots 9 and 10, block 11. Ports mouth 400 George Force and wife to Sarah S. Ball, lots 25. 28, 29, 32, 33, 36. 37, 40 to 44. Inclusive, block 6, Smithson Land Company Addition to East Portland 1.500 Stella and Andrew Smith to Sarah S. Ball, lota 14. 15 and 16, block 5, Portsmouth 1 Andrew Smith and wife to Sarah S. Ball, lots 19, 20 and 21. block 3: lots 17. 18. 19. 20 and 21. block 4; lots 11. 12 and 13. block 5. Portsmouth 1 Portland Trust Company to Edward C. Malone. part of lot 2. block 2. Portland Homestead 1,700 Sara A. and Alexander Reid to Will iam Killingsworth and Frank M. Warren, lota 7 and 8, block 20. Wal nut Park 2,000 Carrie M. and E. L. Chaplain to Guetav Freiwald. lots 5 and 6. block 260. Hoiladiy's Addition to East Portland 3,250 Mats and Lena JacobPen to Frank A. and Wilamlna Morton, lot 10, block 2. Miller's Addition to Sell wood 1.200 E. H. Dement and wife to F. W. King, lot 6. block 2. Laurelwood Park 20 George W. Brown to Arthur T. Workman, lots 3 and 4. block 10, Iaurelwood Park 260 Edward Devaney and wife to Fred Baarch. lot 5, block 120. West Irv ington 756 Adam Appell and wife to G. D. Mon tague, trustee. 10 acre? beginning at point 10S rods north and 24.64 rods east of the southwest corner of Hampton Kelly donation land claim 1 Security Savings & Trust Company to J. J. Kadderlv. south half of lot 3 and 6. block 1. city 35,000 Chrestina Harker to Christine Hoff, lot 11. block 19. Willamette Addi tion to Eaet Portland 300 James D. Hart and wife to Ed Ba der. lots 5 and 6. block 1. Stanley.. 60 Frank A. Myers and wife to T. S. McDanlel, lot 6, block 49. Sunny side 1.600 William McPhee to J. R. and P. A. Penney, west 40 feet of lots 7 and 8. block 189. East Portland 3,150 Walter Frederick Tilton to M. K. Mayo, lot 11. block 19, Townsite of Albina 10 W. A. Rideout and wife to Victor Ind Co.. lot 21. block 8. High land Park 1 R. B. Wilson to Victor Land Com pany, lot 21, block 8. Highland Park 5 H. E. Noble and wife et al. to Vic tor Land Company, lot 21, block 8, Highland Park 10 Total :1LL. $6S.485 Hay your abstract ra r th 8cuHty Abstract Tnut Co.. 7 Chamber of Commirt. Mailed Fist at Polish School. BERLIN, Oct. 13. The government has formally prohibited the use of the Polish language in the schools in Prussian Po land. At Posen a large number of schol ar have refused to attend the religious instruction claaees unless given in Polish. an heretofore, and are supported by their parents. The children have been threat ened with the deprivation of holidays un less they adhere to the new order of things. su Telephone Main 4006 E OF SITE BOARD OF TKADE COMPANY PAYS $100,000 FOR CORNER. Modern Eight-Story Office Building Will Be Built on Corner of Fourth and Oak. Negotiations were concluded yesterday for the purchase by the Board of Trade Building Company of a site for the new home which the Board of Trade proposes to erect, as announced for the flrt time by The Oregonian Friday. The building will be erected upon a quarter-block at the southeast corner of Fourth and Oak streets, adjoining the Chamber of Com- merce building, where the quarters of the Board re at present. The property on which the new home Is to he erected was acquired from Dr. E. H. Parker. The price Is not announced, but It is known that an agreement Is entered into whereby the ground will be acquired on 30 annual payments. At the end of the period, title will go to the commercial organization not only to the quarter-block but to the building which Is to he constructed upon it. It is under stood that the sale Is based on a present valuation of the land of a little more than $100,00t'. The building to be erected will be eight stories in height and will be either a steel skeleton structure or reinforced concrete, the type of the Couch building now under construction on Fourth street, between Washington and Stark. It will be built along the most modern lines of office architecture, and will be an Important addition to the business district of the city. The Board of Trade Building Company, which has acquired the site and will erect the building, is a separate organization T-ora the Board of Trade, but the two are affiliated. The incorporators of the build ing company are E. I. Barnett. B. U Hlckson and R. W. Wilbur, and the cap ital stock is $150,000. There Is to be no sale of stock or soliciting of subscrip tions, as the money to finance the project has been entirely raised. It la knawn that some of the funds are being advanced by out-of-town capitalists, simply because they believe It a profitable Investment. The new building will have stores upon the ground floor and offices above. It is probable that the upper floor will be de voted to the uses of the Board of Trade. Although no agreement has yet been en tered Into by the Board for a home in the building. It was through that organiza tion that the project was Initiated, and It Is practically certain that the building will be the home of the Board. As all the funds are at hand, the build ing would commence immediately if it were not for the fact that the property is held under lease by the present ten ants. This lease, however, will expire in about four month, at the end of which time the present frame structures will be torn away and the eight-story building begun. Dr. Parker, who sold the property, yes terday concluded the purchase of a quarter-block Just acrow the street. It was bought from Mrs. Levi White, and the price Is announced as in the neighborhood of $100,000. V. M. C. A. at White Temple. On account of the smallness of its au ditorium, the T. M. C. A. will hold the men's meeting this afternoon in the White Temple. Twelfth and Taylor streets. Large numbers of men will be drawn to this meeting to hear Robert E. Speer on -The Value of a Clean Record." Mr. Speer Is one of the strongest young men in America. For years he was a recognized leader In college and young people's movements In the Bast. He is a graduate of Princeton, where lie was an athlete and honor man. Mr. Sneer is a, man of unusual power as a speaker.