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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Feb. 17, 1907)
THE SUNDAY OIIEGOXIAX, PORTLAND, FEBRUARY 17, 1907. FINE WEATHER IS SALES BRISK ON THE EAST SIDE TO Transfers. Have: Been Going Forward With a Rush All This' Week. ," Both Business and Residence Real Estate Responds to Strong Demand. ONE $130,000 DEAL MADE BUILDING ALSO ACTIVE 1 .. . - . - : ' : ; ' ' ' : : ' 1 -. j : ' j"' r..mmtii.ii..iim.fm BOON MARKET f 4v " 7 " " i ' :5P4 liL- ' ' r- Ir 1 I -i A I 'Mhlliv... 1" ..-WFU . i-tt . . U , TTHWaa2iy E Scarcity of Property for - Sale Com pels Kcalty. Brokers to Form Combines in Order to Meet .' the Steady Demand.. An entire week of tine weather has been a boon to the real estate market. Since the first of tho year property transfers have been so greatly hampered by storms that a week' of sunshine whs doubly welcome. Transfers went forward with a rush, many of the sales being of Inside property. . As is uniformly the case at present, every transfer was an instance of increased values and added its quota to the Immense profits that are being reaped by those who are operating in Portland realty. "While the sales of the week were both numerous and important, brokers are looking forward to still greater business during the next six days. There are many out-of-town investors in the city and the dealers have, their hands full to meet the demand. Local money, too, is being offered plentifully for desirable holdings and at the higher prices.: For a time local capitalists were slow in their will ingness to meet the new conditions in Portland, but outside money was spent here so readily that they realized that the higher valuations were permanent and no longer expect the snaps that were so plentiful a few years ago. it is now true to a greater extent than ever before that the hardest part of the work of tins brokers is in listing realty. So many owners are keeping their hold ings off the mRrket that agents have all they can do to keep up a list of prop erties of sufficient variety to appeal to the different classes of buyers. One well known agent said yesterday that he ex pected to spend the greater part of the coming week in scouring contracts on property, as practically everything in hi hands had been disposed of. Dealers Form Combinations. The fact that property for sale is rather scarce leads to many combina tions between dealers. When a broker, for instance, has a .'client who desires a hotel site he first looks over his list and If nothing suitable is found and he has no such property in mind, he joins in the sale with some agent who has a property of the right kind to offer. In this way the limited listed property in the city has brought about an unusual number of joint Meals during the present Winter. The largest single transaction of the week was closed yesterday, when J. B. llaseltine sold the building occupied by Mason, Bhrman & Co., at the northwest corner of Second and Pine streets. The building is a substantial four-story brick and stone structure, covering a .quarter block. ' The name or- me puremwr j withheld, but the consideration -is an, nounced as $130,000. The building is a first-class structure, bringing in a good revenue, and it is understood ' that no changes -are con templated by the purchaser. Mason. Ehr--man & Co., who have a lease upon the entire structure, will remain in posses sion until the completion of their new seven-story brick on Fifth and Everett streeta - It was reported yesterday mat a. a. Manley. has sold his three-story brick building at Knott street and Williams avenue for $30,000 to Mrs. Cox. The property is 88x90. and the sale was made by Louis Salomon. Sharp Advance In Price. A sharp advance is shown in the sale of a quarter block at the northeast cor ner of Tenth and Glisan streets to . Charles Barenstecher for $35,000. The property was owned by George Heusner, who purchased It a few weeks ago from Thomas Papworth for $30,000. A profit of $10,000 was reaped in a short time upon the three-story brick building and lot at the northeast corner of First and Main streets. It has Just been purchased for $SO,000 by Emanuel May from Brooke & Kiernan and changed hands less than six months ago for $50, JOrt. The building is one of the best con structed in this part of the city. H. H. Newhali has bought from A. C. Spencer a lot on the east side of Sixth street, between Everett and Flanders. The price was $25,000. The property is im proved with a frame dwelling, which will probably be' soon removed to make way for a business building. The sale was made by D. B. Mackie. A quarter block at the northwest cor ner of Eleventh and Flanders streets was vild yesterday to a local investor for S28.r,oo. tt Is improved with' a one-story brick stable and a frame building. The sale was made by E. J. Daly and W. B. Streeter. who . have also sold the New castle building on Russell street, near Mississippi avenue, for $12,500 to W. A. -MacRae for Emanuel May. Mr. Streeter has sold for the K" 1 n rr Aatntf twn Into on the west Bide bf Twentieth street, be tween Washington, and Ella, for $14,000. and the block bounded by Front, First .and Sheridan streets and Marquam Gulch! for $12,000. The purchaser's name m both instances Is withheld. I Vont-Street. Block Sold. A half block on the east side of Front . street,: extending 130 feet north of Pen uoyer street, known as the Campbell prop- ertv hnx been unM frti ttnAU w.. tt ..... ...... - . vw.vw uy n . n. Blrrell. The same dealer has practically ciosea me .sale ot a nair block on Rus sell street and Gantenbein avenue. ThroA Hdralllnvs nrt tl,A nAi.tl..., . ... r, -- iiuiutweai UU 1- ner of Twenty-third . and Roosevelt streets, occupying a property 50x130, have been 'sold by Erik .Wile, for $7500. The sale Ta iiiuue uy r. u. .orinrup and the name of the purchaser is not announced. r j .j . White a nrnnprtv. 33x50. nn tho ttn.timlln. ;m r rNnrrnnir. naa u i irt amri r tt uanT,. t corner of Fourth and Market streets, for J10.0W. George W. Kummer, of Seattle., has w"rih irvui i niiuure iwnniiai a iar at Damascus for $9400.- The sale ' w. ;vtiinde by F. Fuchs, who reports also the .s.sale of a lot at the northeast corner of -.second anrt Market Streets, the particu -trs not being made public. Orindstaff & Schalk have sold, to A. F. Ellis 80x100 at the southeast corner of . Thirteenth and day streets for $12,000. ... he land wlll .be used as the site of a . Frame apartment-house. . -. . . Transfers for tho Week. f phmary 11.., . i .13.S44 February 13 HS.'j'Ht February IX 57.033 February 14 ho.tw 1'V'briiiiry l." ois.nuiJ February lti 112,9.')4 otnI M7.?J7 , J u kjihislM -ill ''RSSStSSksss ) -r?i'MM ... wwSqt fc i inn i mill hi iiiiiiai mmr iii WIW am intir I Cmi-ihTi tr tfii "::f:rFi7V: IGHTOOF- talASHALL, -- , I BOth , WASHINGTON A j SO Ire dedicated -J ' I Jin instance of KMIiHTS TO DKuICATE TEMFI.E. t '.. S511 B l VAM'K HAS ALMOST TKKBLKI). t KNKiHTS TO DKDICATE TEMPI. Portland KniKJits of Pythias will dedicate their temple at Eleventh and Alder Ftroctii nxt Tuesday nigM. Not only will the local lodges be well rep resented but there will be delegates from the other cities of the "state end it !e expected that the occasion will be among the most memorable event of its kind, held thla year. Grand Chancellor "Davis, of Union, will con duct the ritualistic ceremonies, and an addrera will be delivered by Judge W. L. Bradvhaw. of The Dallee.. . There will he an attractive musical" pro gramme and the evening win end with dancing. The committee on arrange ments consfsts of J. G. Fox, F. P. Raumsartner, E. R. Mun?., T. ; E. Itwl ing. F. P. Holm, Joseph Supple and Gu8 C. Moser. ybXICK TO VACATE IS SERVED OX TENANTS. Important Building Project Con sidered for Block Bounded by First, Second. Pine and Ash. An attempt is being made to vacate the entire block bounded by First, Sec ond, Pine and Ash streets. It is re ported that all firms occupying buildings on "the block- have been given notice to leave, and those holding stores under lease are being induced to give up their leases. The owners are refusing to ac cept other tenants, and it is probable tnat tne entire diock win De improvea with large buildings. R. !. GUsan,. who is negotiating with his tenants on the block to give up the property, admits that an important build ing project is under consideration, but says that the details are not yet com pleted for announcement. It is believed that the project includes a long-term lease of the entire block for improvement with large warehouses. Gardner & Kendall are the .holders of one of the leases on the block,' extending for about a year. They have been ap proached with a request to vacate, and have been given until Tuesday night to make their daclfcion. Other firms, occu pying buildings on the block, and which will probably give up their quarters, are the Pacific Coast Rubber Company, Gra ton & Knight Manufacturing Company and the Byron-Jackson Machine Works. It was reported yesterday that the pur chase of the, Haseltine property across the street from this block had some con nection with this activity. Mr. Glisan, however, said last night that he knew nothing about this sale. BUILDING ON FIFTH STREET STRI CTURES WORTH A MILLION - DOLLARS UNDER WAY. Effect Seen in Advance of 1 Land Values Ten-Story Coribett1 Build ing Is the Highest. An interesting . phase . of the present building movement in Portland is the heavy construction now in progress along Fifth street. Work Is now In progress along this street on eight large business buildings which when . completed, will represent a total cost ; of . .more than $1,000,000. Such a large outlay, on a sin gle thoroughfare is a fact worthy of notice, and is laigely the cause of the rapid increase in Klfth-street values. The most expensive structure at pres ent under way is the Corbett building, at Fifth and Morrison streets. -This structure is ten stories in height and will cost : fully $309,000. The steel skeleton of this building has been entirely completed and a large force of men is now Hurrying work on the structure. At' Fifth and Alder streets the Failing building is nearing completion. - This is also a steel building, and the exterior walls are now -complete. It will cost about $200,000, and is six stories in height. The J. M. Acheson Company is erecting a three-story structure, to cost $45,000, immediately north of the Failing build ing. ' .- The new home of the Commercial Club is to rise to a height o eight stories at Fifth and Oak streets. It will cost more than $250,000. and will be one of the most beautiful i1klings In the city. The stock tor this building was sub scribed by members of the organization, and the quarters to be occupied by the clu'j will probably be the finest rooms of the kind in the Pacific Northwest. The fwetland building is now practi cally completed at Fifth and Washing ton street?. The cost of this structure, which is seven stories in height, was $92,- t from the other cities of the state and il mjfSr IT I IT 1 I . cl I J 5:1 U M rr, B ' y J. Ft. Whitney of Salem. It is Baumgartner, E. R. Miin, T,K T1 FT HL IU ft IT fcifJ Sll S T tl W W W Si U & 1 I .--l- f" :v 1 . iHlFrFl Inniil lltil liij iffl B .i 1 IllMl .:, 1 - TO IMPBDVE WHOLE BLOCK lSSL DEHMO jBBjfflM' UNO i d m ia'. . i i 4i i Bfii a j -n ii i t 1 i i i hji . i i it i iii it n u in t- I i B Sgfllf IT i rrlfl- iLJ'--'S rrT7 rr-' !i JJ T"n II Rll Rll bi I ! Tuk) for repairs and sold the property I I iFliEIr If m VJVJt TT-i- E r3S -LULUJ UJtl jlH 1 'i I ' " Mr- t I- ElTCJU- ' wmJk B-n "il 1 WS, 5 fT? , I LUi mj j SI Oorlii,K.-r in turn received ?4:t.W0 last . h ' wwiSf - " .a i , fivt - a 000. Tenants have been moving Into the building during the past week, and every office will soon be occupied. .. " The building of Mason. Bhrman & Co., which is showp jn perspective on this page.-is located at the southwest corner of Fifth , and Everett streets. It is to be 'seven .stories" in height and will cost jpepoo.. - ' The Neustadter building, a four-story structure,, is to stand at Fifth and Stark streets. Its cost will be. in the neigh borhood of $55,000. The four-story Friede building, under way at Fifth and Pine streets, will cost $43,000. At the estimates given of these build ings, the total cost will amount to $1. 077,000. This is probably somewhat be low what the actual expenditure will be, but it Is sufficient to show the magni tude of the .present operations. It gives a good idea of the present building move ment in Portland, as large buildings are now in progress on all of the principal streets, although Fifth street is at pres ent leading all others. Will Dedicate Grange Hall. The new hall of Milwaukie Grange will be dedicated Saturday, March 16. witli appropriate ceremony. This arrangement was completed at the meeting yesterday afternoon. A special committee was ap pointed to make arrangements for the dedication and another was appointed to purchase the furniture. Milwaukie Grange will have one of the best halls in the state, and the members are correspond ingly elated. A committee of women of the Grange is aiding in the finances. At the meeting yesterday afternoon members and visitors inspected the unfinished building, and - found it well advanced. Monroe Nye. T. R. A. Sellwood and Richard Scott are the building committee. . Appoints a Building Committee. Lents Grange, Patrons of Husbandry," has . appointed a building : committee" to investigate conditions in that neighbor hood and- ascertain- if the' erection of a two-story building -for general meeting purposes ia feasible. This committee will meet with -A. F.. Miller, master: ' It Is desired-to get the assistance of all peo ple lit. that .neighborhood who are inter ested -in. the upbuilding of the - commu nity. It is ;thought that ground for the building can b secured without .trouble. A. hall.-' for meeting- purposes; is ipeede'd, and. it Is considered probable that other fraternal . organ iatlons - may v be Induced to-take an interest in the project.' ;- -.. Children Are Entertained. , The- children of the -Boys' and iGirlst Aid v Society were treated to a1 concert Friday nigiit under the auspices of -the Young People's Society -of - the Centenary Methodist Church.; - Henderson's Orches tra rendered- musical selections for fhe occasion, and "Mrs. G. P. Henderson gave very amusing southern darky recitations. Mrs. John Tomlinson also gave pleasing recitations, and C. X Mace acted as solo ist. "Old Kentucky - Home,". "Old Black Joe" and several other popular ballads were sung, the visitors and children join ing in the choruses, and Miss Roberta Killam, aged 8 years, rendered a most creditable solo on the piano. The enter tainment was in charge of H. A. Killam. Among the visitors were Mrs. W. T. Gardner. Mrs. G. P. Henderson. Mrs. John Tomlinson, Misses Lillian Gardner, Lucile Kennedy, Amy Lamson and Rolierta Kil lam. M. B. Grenfell. G. P. Henderson, O. P. Myers. John Tomlinson. M. Myron, G. Begmarth, C. E. Mace. C. El Carter and TV. H. VanDoran. J3JMildins Uiider- Construction for. . MASOM:H&MAH & COMPANY. Stz and Everett Sts. ILL SELL STOCK Plans for New East Side The ater Rapidly Developing. BUILDING TO COST $60,000 Property-Owners, Business Men and Residents Will Be Asked to Par ticipate in Making the Big Venture a Success. The East Side Opera House committee is about ready to make the final effort to place $90,000 in stock with property owners, business men and in homes. Pre liminary terms and conditions have been settled, and the several committees hope to clean -up the subscriptions to the theater stook practically in one day. In order to set before the people just what the movement means, and show them it Is. not donations that will be asked, the committee has Issued the following pros pectus: . ' Within a few days, comittees from the undersigned organizations, will call upon every business man, property-owner and resident -of the . East Side requesting that they take some stock In the new Bast Side theater, to be bulit at the southeast cor ner of Grand avenue and East Salmon street, arid in order that every one may be prepared- to answer promptly as to what support they -will give the under-, taking, we have thought best to explain the proposition. '-. Investment, Not a Contribution. -. In thefirst place., we want it distinctly understood that this subscription is an investment and 1 not a donation. The stock will pay to every investor 6 per cent per annum- net,.' better interest than a savings bank. The' matter has been so arranged that Oils income is practically guaranteed; as the building will produce revenue sufficient to make the payment. A corporation has been legally formed under the laws of the State of Oregon by the subscribers hereto with a capital Stock of $60,000, divided into 6000 shares of the par value of $10 each. - The Hawthorne" estate has entered into a written agreement -with said corpor ation to give a ten years' lease free of charge to the half of the block upon which the theater is to be built, said half block being 100 feet on Grand avenue by 1W feet on the south side of East Salmon street. And the Hawthorne estate has further agreed to extend said lease for ten years thereafter, at a rental not to exceed 5 per cent per annum upon the ap praised value of the ground at that time. John F. Cordray. one of the most ex perienced and best theatrical managers on the Pacific Coast, has also agreed in writing with said corporation to take a ten years' lease of said theater and to pay. therefor the sum of S per cent per year on the entire cost of said building, and also the taxes, street and sewer as sessments which may be levied against said property during said lease, and all of the Insurance premiums thereon so that the stockholders will for the first ten years receive 6 per cent per annum net on their stock. Mr. Cordray will also receive the rents from the stores and other parts of the building not used for the theater, which at a conservative esti mate will be sufficient to pay the 6 per cent on tne capital stock.- These rents wilt be turned over to the corporation for that purpose. In addition thereto he proposes to completely furnish said the ater with chairs, electric appliances, scenery, etc., at a cost of from $20,000 to $25,000. which will be a guarantee for the faithful, performance of his contract. New Theater Will Play Stock. Mr. Cordray also agrees to place a llrst-class New York stock company there in and by reason of getting practically free j iil huh me eili.iitiBiabl.lc auppuil ui me: new "East Side spirit" he will be able to maintain a better company than any other like theater on the West Side. He is also the representative of the Inde pendents In Portland, and all their attrac xions coming to the Coast will be pre sented at this theater. The Independents have many of the very best attractions in this country, but at present having no theater in Portland they are unable to play here. We confidently believe that the income from the building during the second ten years will not only continue to pay the S per cent per annum on the stock but will also earn a sufficient amount to more than pay the stockholders back their en tire investment. This is the first time that the East Side has practically unanimously committed Itself to an undertaking, and we must succeed. We now have a majority of the people of the city living on the East Side. Heretofore we have been a lot of scat tered communities, but in this project we have all joined hands and we must show the strength and ability to all pull to gether for a greater, better and more at tractive East Side. We have no place today where we can meet and know one another, but this theater will supply this great desideratum. During the past few years our different sections of the city have had their respective improvement associations, boards of trade, clubs and push clubs, which have worked wonders for their localities, and by ther . energy nave won the admiration of all observers; gradually we have been drawing closer together, until now there has developed the "Bast Side spirit" that , cannot and will not be put down. - Biggest Theater' in Town. The theater will be the largest in the city, with a seating capacity of 2200, and the safest from danger by fire. It is to be of brick or stone construction, with a large number of rlre escapes, and will be as safe as modern architecture can make it. - ' . ' Remember that the nearer your prop erty is to a business center, the more valuable it becomes, and nothing will do more than a theater to help create that business center. .There is not . a lot on the East Side that will not increase in value nore than one share of stock t$10) after this theater is completed. The Lewis and Clark Exposition brought all. Portland . together, and accomplished great results. .Let our new theater pro ject brlnx all the- East Side together and we will all be proud .of our accomplish ment. We earnestly feel that every business man, ever property-owner and every loyal citizen of the East Side should lend a helping- hand. Respectfully submitted. East ome Improvement Association, by W'. L. Boise, president. East Side Business Men's Club, by H. A. Calef. president. Sellwood Board of Trade. 'by D. M. Donaugh, president. Brooklyn Republican and Improvement Club, by L. S. Dane, president. Woodstock Push Club, by C. Ben Ries land. president.- Center Addition Progressive League, by Chauneey O. Rail, president. Montavilla Boar of Trade, by Charles Hyle. president. Woodlawrt Improvement Association, by J. T. Grgg, president. Montavilla Improvement League, by H. B. Dickinson, president. Mount Tabor Improvement Association, , by G. Everet Baker, president ACItEAtiE OS EAST SIDE SELLS READILY. Many Exchanges of Large- Tracts at Increasing Prices a Sign of Cirowing Activity. Call for farm property is growing, and several important sales were made the past week. Herman Metzger sold to J. L. Blair 10 acres near the Arclion Kelly donation claim, in Powell Valley' for $8C0i. Jacob Barbara sold to John Under a par cel of land for $3o00 in section 8. One of the largest sales In acreage was -that of O. A. Markland to O. A. Lyman a parcel of land in the John, Windle claim for $i:t. 500. ' ' In the famous PowelL Valley.- east of Gresham there has been a considerable movement in farm lands. O. Brandberg has just purchased the improved farm of G acres of P. J. Erickson near the Powell Valley rond for $3000. which is at the rate, of $500 per acre. A. C. Browning sold 10 ucres for $1500. The Lutheran Church will purchase two acres of Brand berg for church purposes. The Osmund farm on the Powell ' Valley's road . was sold the past week to a Portland man for $2000. Max Davis, who recently sold his M'-acre farm near Lusted. . on the Bull Run pipe line, to Martin Lenartz, has bought the property of Mrs. Julia Reg ner. in Gresham. for $1500. it consists of a house and lot. Powell Valley, the oldest district in Eastern Multnomah County, is being set tled up with Swedish, Norwegian. German and American families, who have bought tracts of 10 and 20 acres, which are being cleared and improved. C' E. Drowley sold to F. J. Seidler 3.83 acres with some other property for $2S00 and E. E. Hugan sold a 20-acre tract to C. W. Canzler in section 13 for $1500. On Columbia Slough the sale of a 33 nere tract on Columbia boulevard to C A. Rhea, A. L. Woolery. E. F. Day and August Walker, from Joseph Burkhardt, for $12000. is confirmed. The new owners will plant about 20 acres as an addition to Portland. ... Across the Willamette River from St. Johns, R. Shepherd & Co: and H. G. Og den have just completed the sale of 200 acres on the side: of the bluff for $5000 to a syndicate of Portland men. It is the announced intentions of the new owners to plat the tract into lots and acreage tracts. - The Sellwood Land Company has sold IS acres east of Milwaukie to men from Denver, for $18,000. It will be platted for sale. There is- quite a demand for acreage property at . and near the old town of Milwaukie. The property of Professor L. A. Read, formerly principal of the Mil waukie School, has been sold, but the terms are not known as yet. Programme at Y. M. C. A. The Sunday Club having in charge the afternoon activities at the Young Men's Christian Association has pre pared for today a strong programme. There will be an opening concert by the association orchestra, followed by a concert of four numbers by the Schu man Concert Company of Portland. 'Tile artists of this company consist of Miss Laura A. Warner, ptaniste; Miss Alita Arie. sopra.no; Miss Minnie Hatfield, violinist, and Miss Sophia G. Shivers, reader. The address will be given by George Robert Cairns, of Seattle. His- themo will be "Americanitis. Its Cause and Cxire." The programme is for men only and is free. Scandinavian, Revival Services. Evangelistic services will begin today at 10:30 at' the Swedish Missiou Church, at Seventeenth and Glisan streets. A num ber of Scandinavian congregations have united in this service, which will con tinue in the several churches for a num ber of weeks. Hundreds of Dwellings Are Under Construction, anil With Onnd Weather Work Will Begin I" pon Many Others. Inside property on the East Side con tinues in good demand. 1. M. Don augh has sold to the Bank of Sellwood the east 36 feet of lot 1, block 47. for for $300. It being at East Thirteenth street and Umatilla avenue. The land is purchased as the site of a brick building to be erected by the bank for its quarters. Plans have bfon complet ed for a structure that will cost $12, 000. In . Albina on Russell street tha Fisher brick was sold to a local in vestor for $15,000. It was erected by .1. J. Fisher several years ago. This was the first large. sale made in Lower Al bina for some- time. Dr. Locke purchased the quarter block on the southwest, corner of Un ion avenue and East Clay streets for $15,000. Thore are some cottages on the ground. The sale of the Dclmoiiico Hotel and ground on the southeast corner of Union avenue and East Clay for something above $12,000 is reported on good authority. It was formerly the property of Thomas Hislop. Dr. .1. P. Mclntyre purchased tho residence, of H. H. Hmmonds on East Twenty-lirst and Brooklyn streets for $4000. Thomas Shen, of Seattle, purchased a half block on Beach street, near Union avenue. Upper Alhlna, for $000. The owner was Mrs. F. Mchwartz. At Highland Place Roxie K. Wymora sold to S. R. Calvin lots 2 and 3, block 3. for $4250. In Stephen Addition C. B. Scars sold to H. T. Hill lot 4. iu block til. with buildings, for $(Zfl0. In the old townsitn of Albina B. B. Holmes sold to Alice II. Dodd lots 30 and 12. block 2. for In East Portland G- W. Jackson sold to f. N. Rankin south half of lot 2. block 116, near East Burnside -street, for $5X). Will Build Hotel.' The most important deal on East Burn side street during the past week was the leasing for 10 years the piece lox75, East Third and East Burnslde streets, for erection of a threo-story hotel. R. A. Proudl'oot is owner of tlie land, but th people who have leased the land are not announced, but the lease is confirmed. The assurance that the Buckman sisters will erect a three-story brick on Union avenue and East Burnside street, and that the Masons will erect a handsoma temple on East-Burnside and East Eighth streets is taken as ail ; indication that East Burnside street will become a cen ter before long. There Is quiet talk among those on tha inside that, when the East Side opera house, to be built on Grand avenue and East Salmon street, has been assured by the raising of the money, that another theater building will be put up on East Burnside street. Is is assumed that tha Ladd farm will be opened and put on the market, which will throw 500 acres open to homes directly east of the Burnside bridge, and that the wide street proposed to be opened from Grand avenue to tliei city limits, following East Glisan street and Villa avenue, and then on to Fair view, will tend to make the district tribu tary to Burnside bridge a business cen ter." In the warehouse district Fisher & Thorsen huve acquired a quarter-block: adjoining their quarter on East Water street, where they are erecting a ware house. It may be that the firm will put up a half-block warehouse instead of covering a quarter, as was first proposed. Building Moves Northward. The building area on the East Side in rapidly'- extending northward toward, tha Columbia River, and following eastward along and beyond the Alberta street-car line, until it lias already reached East Thirtieth street. Nearly all the tracts that have been platted. Including Vernon, have been sold, except in the district north of the street railway. There are innumerable small houses springing up to be replaced with more pretentious dwell ings in the Spring. North of Killingsworth avenue the resi dence area is extending and has nearly reached the Columbia boulevard. Houses in the district north of the Piedmont car barn are of the better class. The erec tion of the carbarns was the starting point, and around them has sprung up a, considerable center. Several frame busi ness houses have been built on Killings worth avenue, and nearly 500 cottages have been built within half a mile. Tho Pacific States Telephone Company ha erected an exchange at the carbarns, ami the Board of Education has purchased three acres in this vicinity for the pur pose of erecting a High School building for this portion of the citj-. The Redemptorist Fathers have secured a considerable tract between Union anil Vancouver avenues for a large churcli and school, to be erected some time ia the future. It is ex'ident that settlement will extend northward as faras the Co lumbia Slough. Down, on the Peninsula there is considerable building. Near Peninsula a two-story frame 100x50 In under -construction. The brush and trees are being cleared between Peninsular and University Park, and the foundations ot houses niay be seen in every direction. The Congregationalists are erecting a $2500 church at University Park. Rev. George B. Van Waters purchased yesterday the southeast ' corner of East Ash street and Grand avenue through Mall fc Von Borstel. for $15,009. George Simon was the owner. It was bought as an investment. The firm also sold to Mary E. Knott a parcel of land from the Bartel property on East Ankeny for $3500. Joseph Healy sold ,to Clark Tabor a half block on the south side of East Taylor street, between Union and Grand avenues for $35,000. Tnis half block was bought from Miss Maude Hudson by Mr. -Healy for $30,000 two 'months ago. John Annand sold Friday to Charles K.. Henry north 100 feet of west half of lot 6 and the north half of lot 7, block 8, John Irving's First Addition, for $12,000. In Hawthorne Park Addition: Georgo W. Caldwell sold to J. J. Read the east half of lots 7 and 8. block 2!3. for'JSOOO. John P. Sharkey has purchased the quarter block on the northwest corner ot Bast Alder street and Grand avenue from J. M. Healy for $40,730. This quarter was sold "to Clark Tabor for $32,000 re cently and then to Mr. Healy for $10, or.V BCSIXESS ITEMS. If Baby Is Cuttle Teeth B sura and ua that old and wall-triad rem edy, Mra. Wlnilow's Soothln Byrup, far children teething. It soothes the child, oftens the (urns, allay all pais, cures wta4 colie and diarrheas.