v
30
THE SUNDAY OREGOXIAN. PORTLAND. APRIL 28, 1907,
.SHORT SUPPLIES
IL
Six Months' Delay in Filling Or
ders in East for Struc
tural Steel.
OUTPUT OF MILLS TAXED
Portland Operations, Nevertheless,
Continue to Hold Place Near Top
i
In Whole Country City Lots
Are In Continual Demand.
While Portland is making gigantic
strides In the way of building and Is
well up to the front in such operation
!or the whole country. It is well to bear
In mind that there are others.
From all parts of the country come
reports of extensive building, and with
San Francisco practically rebuilding
the whole of the burned district in a
first-class manner, the question of se
curing enough structural material from
the manufacturers of Bteel and iron be
comes a serious one.
Portland contractors say their orders
for iron and steet are at least six months
behind in being filled, which accounts for
delay in rushing work through on sev
eral important propositions. It has come
to pass that orders are being placed with
Eastern steel companies for material with
the understanding that the order must
take its turn, and that It may be months
before the steel Is delivered. Borne of
the structures now tinder way are having
the steel put In that was ordered from
four to six months ago.
With brick, stone, cement and lumber
there is not the same trouble in having
orders filled. Cement is imported in suf
ficient quantity to keep all parts of the
country fairly well supplied, especially
on this coast; but now that reinforced
concrete is so extensively used in build
ing operations the cargoes are being in
creased In proportion, according to im
porters. That brings to mind the recent efforts
made by the Board of Trade to assist a
Clackamas County man to exploit what
he believes to be a deposit of the proper
material from which to manufacture
Portland cement. A large sample of the
material is now In the bands of - the
Board's analyst and a report is expected
before a great while. In case the de
posit is found to be of value and Is pro
nounced to be commercially what the
discoverer thinks rt la, there will be an
other Oregon resource that will add
greatly to the state's wealth.
Progress of Sew Buildings.
Among the more important buildings
in progress are the following:
Corbett, Morrison and Fifth Stone fac
ing on first three storiee and brick from
third story being laid; tiling and plaster
ing on Interior.
Commercial Club Steel work up four
stories and uprights on fifth.
Rothchild Washington and Ftnirth,
concrete foundations and piers going in.
New Failing Alder and Fifth, tenants
moving In. Acheson, lower floors;
Honeyman, too floors.
Board of Trade Concrete foundations
and piers going in.
Geieer addition Calumet, Park near
Alder Interior being finished.
Downing, Alder and Park Concrete
foundations In.
Acheson Company, adjoining new Fail
ing Interior being finished and copper
work exterior.
Couch, Fourth near Washington Inte
rior being finished.
Coorbett Estate. Fifth and Ankeny
Eight-story brick, mill construction, foun
dations and first floor beams in place. To
be occupied by Neustadter Bros, when
completed.
Leo Frlede, Fifth and Pine Four-story
brick, three stories up, mill construction.
Portland Trust Company, Everett near
Seventh Three-story brick, interior work
being finished.
Plans for Heights Hotel.
One more point regarding the projected
tourist hotel on Portland Heights, refer
red to in The Oregonlan Wednesday's
issue, is given out. The plans are being
prepared for a building of "U" shape, be
. ing a departure from the wing and open
court style usual to this class of build
ings. By this arrangement there will
be an unobstructed view of the city and
valley from almost every room in the
house. The promoters of the enterprise
express themselves as well satisfied with
the outlook for a speedy closing up of
the necessary preliminaries.
Operations In City Lots.
The Bushong lot. on the west side of
Twelfth street, 100 feet north of Wash
ington and 60 feet south of where Stark
street will go through, has been sold to
Eastern Investors for $27,600. The new
owners bought with the understanding
that Stark street was to be extended
through to Thirteenth street in the near
future, a:id when that long-delayed im
provement Is accomplished they will pro
ceed to build a substantial brick edifice.
The sal was consummated through the
offloe of Whiting & Rountree.
Clus Rosenblatt has sold the southwest
corner at Fourth and Hall streets to T. B.
Flynri for ?60. The transfer Includes
one lot and an old-style dwelling. In
September, 1906, Mr. Rosenblatt bought
the property for $5000.
The southwest corner at Park and Flan
ders streets has practically been decided
upon as the site for a proposed new po
lice station. The ways and means com
mittee of the City Council has recom
mended the purchase. Through Sengstake
& Lyman the option at $34,600 has been
agreed upon with the owners, H. C. Wolf
and Mrs. Bundshuh. -
Puffer & Burgard have purchased a lot
on Trinity Place near Everett. 66 1-8x100
feet, for $0500. It is the purpose of the
owners to erect In the near future a flve
or six-story apartment-house.
Beno & Ballls and E. J. Daly have pur
;hased from Ben Healy the lot 80x100
it the northwest corner of Twelfth and
Overton, for 260. There are two old
frame dwellings on the lot. The new
awners are contemplating the erection of
a brick-store building. Overton street Is
expected to become a good business
.street, as it will be the main open
thoroughfare to the river, after the new
North Bank depot is erected, and all the
other streets south to Hoyt are closed
for travel.
SOUTH PORTLAXD WAKES UP,
New Plata Laid Out and Old Onea
Extended.
M. Clohessy, R. A. Boo'th, of the Booth
Kelly Lumber Co., and others, comprise
the Capitol Hill syndicate, which bought
the property west of Fulton in South
Portland last year and began the sale of
lots.
The syndicate has recently added to Its
holdings by the purchase of 80 acres from
Stoler Bros., near Carson Heights, paying
$3,00 for the tract. This property will
RETARD
KG
be platted and put on the market. This
tract was offered for sale a few months
ago for I23.O00.
Since the reorganization of the South
Portland Improvement Association, new
energy hasv been aroused In putting
through several measures that will at
tract buyers to that section for residence
and business . properties. - One improve
ment proposed- that is being looked sfter
by Councilman Beldlng Is the divergence
of First street, from its intersection with
Lane, making a detour around the hill
that obstructs the street to a height of
7 feet between Lane and Thomas.
The detour will provide a driveway of
easy grade practically level in fact, so
that residents on First street, south of
Thomas, may reach their homes directly
out First, instead of by way of Slavin
road, the only open driveway available at
present.
Another matter the Improvement as
sociation has under advisement is to com
pel owners of property to repair side
walks that have been allowed to get in
bad shape.
Various other improvements are in con
templation which when completed will
put the district in such good condition as
to make It an even more attractive place
in which to establish homes than it now
is.
GOES TO INTEREST CAPITAL.
Real Estate Man Personally Backs
Up Wide Advertising.
David S. Stearns, one of the most en
ergetic real estate men of Portland, is
In the East for several weeks' stay. Mr.
Stearns will undoubtedly take advantage
during his absence of the wide circula
tion of literature concerning Oregon's ad
vantages that has been accomplished by
the commercial bodies of Portland. This
literature has been sent out literally by
the ton. and besides advertisements have
appeared In the principal periodicals of
the Bast, directing" attention to this State
as a desirable location in which to estab
lish nonces or business enterprises.
Mr. Stearns therefore will find the way
paved for interesting capitalists who may
desire to Invest on a rising market, for
In all the country, according to the table
of valuations printed elsewhere In this Is
sue of The Oregonlan, there is no field
so promising anywhere In -the country as
right here in Portland. Real estate values
are advancing at such a rate that a sim
ilar table prepared a year from now will
certainly show that investors were not
slow to "get in" when the chance was
brought to their attention.
WORK PROGRESSES ON YARDS
Northern Pacific Terminal Scene of
Great Activity.
At the foot of Tenth street, from Hoyt
to the main line of the Northern Paclfio
and the strip between Tenth and Elev
enth, all the old buildings, with the ex
ception of one at the corner of Tenth
and Irving, have been razed and the de
bris nearly all removed or burnt.
The concrete walls for the great freight
shed that extends from Hoyt several
blocks north, are completed and lumber
la on the ground for the structure.
On the northeast corner of Tenth and
Hoyt, adjoining the wholesale houses of
woodard. Clark & Co., and Heywood
Brothers, foundations are In and joists
in place for the first floor of the freight
office to be built on the site.
Quite a nest of wholesale houses and
factories are already established In the
immediate vicinity of the new railroad
yards and proposed sheds. Beside the
two already named are the American
Steel and Wire Company and the Colum
bia Steel works.
CAPITAL LOOKS TO COAST.
Not Satisfied With Excellent Oppor
tunities for City Investment.
Reports from different localities along
the Oregon coast are to the effect that
considerable activity marks the real es
tate market.
In the Coos Bay district, especially
about Marshfteld, the commercial bodies
are busy exploiting and advertising that
section with good results. It is said that
sites have been secured for two or three
woodenware factories, and that another
site has been selected for a furniture
manufactory and another for what is
surmised to be a match factory.
Lots are in good demand at the resorts
on the coast where cottages for Summer
residents are building at a great rate.
Richard Mansfleld'a Lnck.
In 1891, when Portland had quite a boom
in real estate, Richard Mansfield, the
actor, bought several lots platted In the
Arbor Lodge section.
In the panic years following the actor
was unable to get hla money back on the
prices then prevailing. He decided to pay
taxes and "take his medicine."
He has held the property ever since,
and today could sell out at a handsome
profit, but evidently believes in the future
of Portland and appears satisfied with
his Investment. The lots are not on the
market, so far as known.
Front-Street Lot Sold.
Through the firm of Whiting & Roun
tree H. Wemme has sold his lot 50x100.
on the west side of Front street, midway
In the block, between Washington and
Alder, now occupied by the commission
firms of Levy & Splegl to Eastern In
vestors for $45,000. No change In the
building Is contemplated by the new own
ers who- are wealthy men. Through the
efforts of Whiting & Rountree they are
contemplating making additional Invest
ments to a total amount of 375,000.
FOREIGNERS FLOCKING IN
Great Rush of Immigrants Crowding
Into United States.
NEW YORK. April 27. How stupen
dous is the rush of immigrants to this
port this Spring is shown In a tabulation
that makes It appear that this month's
arrivals here will total more than 140,000.
There are waiting in the harbor 10,496
men, women and children, chiefly Italians.
When the 25 ships due here within the
next few days arrive, there will be waiting
in the harbor and at the piers about 40,
000 prospective dwellers In our land.
Farmhand and day laborers have been at
tracted by the stories of high wages and
general prosperity that have been sent to
the old country by relatives and friends.
Besides, the new Immigration law will go
into effect on July 1, and make it harder
for laborers to enter the country, so there
is a rush to get in before the flew barriers
are raised.
The record for April 1906 was 131,631.
There have already landed thus far this
month 101.400, and by the end of the month
the figures will be over 140,000. making
this the record month In the history of
Ellis Island.
Death of Miss Bertha Honeywell.
CENTRAIJA. April 27. (Special.) iliss
Bertha Honeywell, daughter of Mr. and
Mrs. Ira Honeywell, died at her home in
this- city on Wednesday afternoon after
a year of suffering. The cause of her
death was tuberculosis, brought on by
the grip. The funeral was held today.
Rev. F. S. Pearson, of the Methodist
Church, and Rev. W. Dickson, of the
Chehalts Episcopal Church, officiating.
The interment was in the Washington
Lawn Cemetery.
KISTTR FOR SCENIC PHOTOS.
Imperial Hotel Also Kodak Developing
i I 1 1 j i -1 $ I 4 I 7 i I 1 1. iT
JvffHw WtJ J.-l lrl A.gSH
I7 ie.)ltt Hll4)5Uc
- ., . ..
IjjW.I, U . I.
Come Out to the End of the 28th Street
Carline and We'll Meet You With an Auto
We Refund Your Carfare
And Provide Car Ticket for Return
TAKE THIS OPPORTUNITY TO SEE
BEAUT
JB If m IR1
THE SITE OF
Lots
$40 Down
Belle Crest an Ideal Location
Live where you have pure air, an inspiring view; where Mount
Hood and Mount St. Helens look so near that it seems you could
throw a stone to them. Live .where broad, well-graded streets are
to be builded on both sides, with fine residences. Live where there
there are to be no saloons, where you and your family will enjoy
life. Live within twenty minutes' ride of the heart of the city and
still have a home that has cost you but a fraction of the high
priced real estate "down town." Come out today, choose a lot and
make a small payment on it. You'll soon have it paid for and be
fore you have finished paying for it, 'twill be worth nearly twice
what it cost you.
$40.00 Down Gets You a Lot
s
FWlIll III DUB
COMPARISON OF CONDITIONS IN
LEADING CITIES.
Showing Made Is Especially Favor
able to Portland and Seattle.
Eastern Towns Outdone.
The accompanying table gives a compar
ison of front-foot ground values in some
of the leading cities of the United States.
These figures are in some respects only
estimated, but they are as nearly correct
as estimates can be. The values are the
highest in the different kinds of property
and do not indicate average values. These
estimates are furnished by responsible
concerns, whose names are given as au
thority. These figures are especially favorable to
Portland and Seattle. These two places
Jacob
COMFARISOX OF REAL ESTATE VALUES IX LEADING CITIES.
Front foot Valuation.
a K EC X
City. e J j p-J 5- Authority.
s r 1'
- :
Boston . . . .
Chicago ......
Cleveland .
Columbus ....
Detroit
Indianapolis .
Los Angeles .
Memphis
Newark
New Orleans .
Oakland
Pittsburg
Portland
San Francisco
Seattle
Spokane .....
St. Lout ....
Washington . .
SWOOO! 24.000! 3.000
2.000.000 27.0001 8.0O0
450.0001 5.0OO
3.000
5.0001
10,000
8.000
7.000
5.0O0I
1,000
1.000
4.000
1,500
750
400,000
22 S, 0001
270.O0O1
lftS.OOO
300.000
400.000
12.1.0WV
12,000;
6.2.V1 J.Ooo;
t.noo! l.ooo'
400.0IMV
20,000
8.000I
l.ooo'
3.S001
1.50OI
itoo.ono;
400.000'
20R.OOO!
Sis Onol
3.5001
10.00O'
4.5O0J
4.0OO!
l.OOOl
tSO.OOO
2S.SOO
lO.OOOl
1.700
826.000,
8.000!
CRESl
PERMANENT HOMES
$400.00
Buys a Lot, Then Small Monthly Payments
Phone Main 359. Let us know when you want
to come and COME Lots going- rapidly now
BUY Don't neglect it and Wish you'd bought
- Stioe
are seaport towns that are destined to
become great world cities in the upbuild
ing of the Northwest and the develop
ment of the commerce of the Pacific,
while many of the towns with higher
valuations have no such future. There Is
no question but that the future greatness
of the Northwest cities is now assured,
and the thoughtful and far-seeing will
at once realize that values in the cities
of Oregon and Washington are low.
Take Into consideration the population,
resources, chances of increase in popula
tion, values, etc.. of such places as Colum
bus. O., Indianapolis, Ind., Memphis.
Tenn., and there is certainly food for
thought for those who are talking high
valuations. New York City Is not given,
but a plot of ground 29 feet 10 Inches
square on Broadway was sold last Sum
mer for $4,600,000 that is, over SSO.OOO a
front foot, less than 30 feet deep. A
hundred years ago, when the same prop
erty was worth about 32000 a front foot,
people said the value was too high and
would have to come down.
. In the census of 1900 Portland's popula
tion was 90.425; Seattle's, 80,671. There Is
no authentic information to prove that
Seattle has had a greater proportionate
growth than Portland; In fact the lndlca-
800'Germania Savings Bank.
2.400'National fihawmut Bank.
l.OOOroomell Bros., real estats broker.
50O-Cleveland National Bank.
lfl0;National Bank of Commerce.
500;Commerctal National Bank.
3.ViCapItal National Bank.
200 California Savings Bank.
200'The City Bank.
1,000 Merchants' National Bank.
COO Hlbernla Bank & Trust Company.
'200 Union Savings Bank.
600 Real Estate Trust Company.
l.TO'Portland Chamber of Commerce.
1.000 Crocker National Bank.
300 Puget Sound Realty Asaoeiatea
200 McCrea Merrrweather. brokers.
2.v'St. Louis Real Estate Exchange.
1,200, American Security A Trust Co.
Co
Jfe III isi
and Up m
Fifth Floor
tlons point in the opposite direction. One
fact that leads to that conclusion is the
report made by a firm of circular dis
tributers that maintains a house in each
city. That report gives 15,000 residences
in Seattle and 24,000 in Portland. Assum
ing neither city has had the greater
growth and accepting 200,000 as the pres
ent population of Portland, or a gain
over 1900 of 110,000, the figures for Seattle
would be 190,000.
In fact the United States Census Bureau
issued a bulletin recently giving Portland
108,000, and Seattle, 102,000. While these
figures are admitted to be low, yet they
show that Portland has Government
authority for claiming a larger popula
tion than Seattle.
Movement In Suburbs.
Jennie Martin bought a 10-acre tract
near Oak Grove for $3250 from from the
Sell wood " Land Company. J. Reynold
bought a tract of acreage near
Kenilworth for $900 per acre. H.
Grebe, of Nevada, has Just pur
chased 20 acres of 8. J. Croft Z&
miles east of Montavilla on the Base
Line road -Tor 56500. Alvin and Louie
Floss have purchased a 12-acre farm
south of Portland for $6000. They recently
sold their farm near Hurlburt east of the
Bandy River.
Ten-acre tracts are being sold off near
Rookwood on the Base Line road for
$1200. Land bringing this price is not im
proved. Improved land on the Base Line
road brings mora than double this price.
J. H. Huddleson sold to W. C. Norris
parcel of land in section 83 for $6000. F.'
A. Knapp has purchased 10 acres In aeo
lton 30. Price Is not announced.
Buy Tract at Mouth of Nehalem.
O. T. Robson and E. C. Halllnan, prom
inent local capitalists, have completed ne
gotiations for the purchase of a large
tract at the mouth of the Nehalem. "
" Let Somebody Else Fay Taxes.
NEW YORK, .April 37. The World today
publishes, in connection with the an
nouncement of gifts by John D. Rocke
'Slir ill if. 1 ;l
- I
All Improvements Included
When you buy a lot in BELLE CREST, you have all im
provements included in your contract. We lay cement sidewalks,
pipe in BULL RUN WATER, grade the streets and make it a place
worth living in. No extra cost to you. This is all included in the
purchase price of a lot in Belle Crest. Streetcars run within two
blocks of your home, no matter where you select a lot in Belle Crest.
Buy now, and share in the inevitable advance in values. Come out
today, we've made preparations to make this the biggest day since
we first began to sell lots. Start buying a lot, whether for spec
ulation or a home. It's a good investment.
Pay Less Than You Waste Now
feller of land In Chicago and Cleveland,
the statement, credited to a friend of Mr.
Rockefeller that the gifts 'are part of a
plan which Mr. Rockefeller baa formed
of giving away all of his real estate. These
;.SS::!-:;i::::ffii
4r
1
This letrant home, situated In one of the most scenic locations In Portland,
command v an unobstructed view of the city and mountains. The site comprises
a full block, 200x200, well stocked with choice bearing nut and fruit trees and
11 kinds of ornamental shrubbery, grass, etc. The grounds are f.nced with a
substantial woven fence. -The house has eight large rooms, besides a full concrete
basement, with stationary tubs, latest improved heating furnace, fruit, vegetable
and fuel rooms. The large attic can be used as a billiard or dance hall. The re- .
cption-room Is finished in curly redwood, the parlor, dining-room, kitchen and
chambers in blrdseye maple. The attic Is finished In East Lake cedar. The n-
tire house is strictly modern and absolutely first-class in every respect, and for
the price la the best house' on the market in Portland.
Oregon Pacific Investment Co., 304 Dekum Bldg.
tlandBldg.1
holdings, It Is stated, have always wor
ried him, and his Idea is to turn over
nearly all of his real estate to his son and
have the latter assume the responsibilities
that have come with their ownership.
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