The Sunday Oregonian. (Portland, Ore.) 1881-current, September 15, 1907, Section Three, Image 32

The Sunday Oregonian., September 15, 1907, Section Three, Page 8, Image 32

Image provided by: University of Oregon Libraries; Eugene, OR

About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Sept. 15, 1907)

Prev Page of 56 Next Prev Issue Next Text PDF JP2 (4.3 MB) Clip/Print Image

Return to Top

Prev Page of 56 Next Prev Issue Next

Newspaper Page TextTHE SUNIMY OREGONIAX, PORTLAND, SEPTEMBER 15, 1907. MENDS WITH ) mm mi nin nrm n MAN! Hlb U til La F. H. Wiencken Buys Building Site on Madison Street for $30,000. HOTEL SELLS FOR $100,000 Bummer. Outside investors ars showing up frequently and indications are that more capital from out of the state will be placed In Portland realty this year than ever before. "Many out-of-town people are now seeking for investments In Portland and they seem to have plenty of money to in vest," said B. J. Daly yesterday. "A large number of Willamette Vai.ey and Eastern Oregon men are looking toward this city with the intention of buying. The large crops and high prices have made money plentiful and these men are In a better position to invest than ever before. "There is also considerable California and Puget Sound money coming this way There is no scarcity of buyers if we could only find owners Tilling to sell. There Is sure to be heavy Cealing during the Fall and Winter." Harriman Koad Purchases More Acreage Near Peninsula Tunnel Site Deal for $350,000 Is Closed In Irvington. Larger and more numerous sales of in side and residence property and suburban acreage have characterized the past week. Yesterday the announcement of transfers Just closed came with a rush and still other important dea.s, known to be pending, will be completed early in the present week. The sales show that the Fall business is opening up and from this time on dealers look for a very active market. A sale in the southern part of the busi ness section was closed yesterday when F. H. Wiencken. of the Sunset Creamery, bought the lot at ti.e southwest corner of Second and Madison streets from W. F. Hymmel. The price paid was $30,000 and the sale was made by D. W. Mackie, of the Commercial Investment Company, In conjunction with Walling & Hender son. That the purchase was a good one Is shown by the fact . .at a higher offer was received a few hours after the pa pers were signed. This lot is now improved with frame buildings of small vali;e. They are under lease until July 1. 1908, when they will be torn down and a more substantial im provement made by the new owner. It is his intention to erect a three-story brick building to be occupied by the company with which he is connected. St. (ieorge Hotel Sold. It was reported on the street yester day that the St. George Hotel, at the southwest corner of Front and Columbia streets, had been sold for a consideration In the neighborhood of $100,000. The building is a three-story brick, occupy ing a quarter-block. It was owned by E. J. Daly, W. B. Streeter and Dr. Gus tav Baar. The Oregon & Washington Railway Company purchased yesterday six acres on the peninsula, adjoining the large tract previously purchased by them for the construction of a tunnel and the es tablishment of a town site. The land lies between Columbia University and the Portland Flouring Mills. It was owned toy F. W. Leadbetter, John Kiernan and Russell & Blyth. The price paid was $17,500. Another sale in the same vicinity was made yesterday, whereby L. P. Beno acquires a strip of waterfront near St. John. The tract borders the Willamette and extends back of the O. R. & N. track, thus affording good transportation facilities for the establishment of a fac tory. The consideration was about $10, 000 and the sale was made by E. J. Daly and W. B. Streeter. Big Sale In Irvlngton, The sale of 629 lots In Irvington, which was announced some time ago, was com pleted yesterday, Charles Francis Adams, of Boston, disposing of all his holdings -.In this addition. The purchasing firm is McGrath & Costello, who have organized to handle It under the name of the Irv lngton Investment Company. The deal Involved a consideration of $350,000. The sale affects all of the lots pre viously unsold in the district bounded by East Fourteenth, East Twenty-fourth, Tillamook and Fremont streets. It is one of the finest residence sections of Portland, many of the lots having already been improved with fine homes. A build ing restriction of $2j00 has always been maintained and will be stipulated In sales made by the new owners. The land la now being graded and the streets Im proved between Tillamook and Knott streets. Mr. Adams platted Irvington just 20 years ago next month. During the hard times of 1S03 he withdrew It from the market and again placed the land on sale after prices had again advanced. The Boston millionaire made mucn money out of this Portland Investment. Because of -his retirement from active business, he Is now disposing of his real estate hold ings all over the country. An important residence transaction made yesterday was the purchase by Wil liam Reldt of a fine home at Twenty-first and Flanders stree- The price paid for the dwelling was $14,000. The Commer cial Investment Company made the sale. Local Market Is Strong. These sales and others that have been made show that the local realty market Is now all that could be desired. On every hand is reported a strong demand and there are frequent inquiries for costly business properties which, as usual, were somewhat slow in moving during the SCIENTISTS WILL SOON" BLILD First Church Has Plans for $73, 000 Edifice. Excavation will begin this Fall for a handsome edifice to be erected by the First Church of Christ, Scientist, on a half-block site on Everett street, between Eighteenth and Nineteenth, which was purchased some time ago for this purpose. The congregation now meets In the Scottish Rite Cathedral, but expects to occupy its own church some time next year. Plans for the building are being prepared in Chicago. It will cost $75,000. The building will havu 155 feet frontage on Everett street, with a depth of 81 feet. put up a house "of his own. Thou sands of Portland wage-earners are doing this in all the Portland suburbs. "The reason we have a most excel lent class of people In our suburbs Is that they have become home-owners. They now have something to live and work for. They can improve their homes make them beautiful and at tractive. Any man who can pay $12 a month rent can get a home In one of the Portland suburbs, and they are doing It by the hundreds and thou sands. The more suburban tracts that are opened around Portland the better It will be for the city. "This section will be annexed to Portland whenever the city is ready. The water question Is the main con sideration. We have a fairly good water supply from the local water companies, but we want Bull Run water. We cannot depend on water pumped from wells. The population out here Is becoming too great to de pend on that source. In 10 years there will be 50,000 people out southeast of the present city limits, and a 24-inch pipe will be needed to supply them." PROGRESS ALONG SANDY ROAD Extensive Improvements at Ross mere and Rose City Park. Extensive Improvements have gone for ward all Summer in the additions along the new electric railway recently com pleted on the Sandy Road: In Rossmere and Rose City Additions the grading of lots, grading of streets and laying of con- FALL BUILDING WILL BE HEAVY Important Construction Work Soon to Be Started on East Side. SOME NEW WAREHOUSES Deere Plow Company Ready to Be gin Excavation for a, $100,000 Structure Three-Story Brick Block for Holladay Avenue. Architect R. X. Hockenberry has just completed plans for a three-story brick warehouse to be erected on Holladay ave- is completing a four-story brick building. In Lincoln Park a considerable sale was made the past week. T. Olmstead sold to R. W. Clark lots 1 and 2, block 2. Lincoln Park Annex, for $5000. The prop erty Is Improved and occupied with buildings. Purchase of a 10-acre tract near the end of the Richmond tract for $24,000 by George Kugler means much for that sec tion. It will be called "Plainsfleld." It was platted several years ago, but has never been placed on the market. This new addition Is between the end of the Richmond and the Mount Scott lines, at the corner of the Powell Valley road and East Forty-fifth street. The Waverly-Richmond Improvement Association Is doing excellent service In stimulating Improvements In this hitherto neglected section. Water mains have been laid on Clinton street nearly to East Forty-first street and both Clinton and Ellsworth streets are being Improved. Mary E. Riggs sold to G. C. Morris lot I, block 59, in Holladay Addition, for $5900. Jennie Yung sold to Mrs. J. H. Kennedy lots 27, 28, 39 and 40, in block II, Hawthorne Avenue Addition, for $5375. In Irving's- Addition Edward J. Gragh sold to Mary Collins the north 10 feet of the west 60 feet of lot 19 and south 30 feet of the west 60 feet of lot 11, block 1. for $4000. Henry McGinn and others have sold Paradise Springs farm to Martin Keating for $12,400. The new owner will place th tract on the market. John H. Ackerman, State Superinten dent of Public" Instruction, bought from George H. Keene lot 12. block 3, In East Irvington, for $1900. Daniel McKlnnon jUggf ;,(! U I . . f 1ifeCSr-?a " f If ni 1 . '.r-uQBflLI flRIRiffl 1 Iplfi 1 ir .-. ' I .f'4Sb" r-r? IP1 tJ u U, ' , 2 -2 B I suuq 7i 1 T : - Tii i ifrmltimMi i)i-iif?iiii.ii i?mri i.' nil mumm THE NEW IRVINGTON SCHOOL. It will be the Grecian type of architec ture with massive pillars supporting a large dome. The church has a large membership, and it is understood that funds are at hand to pay for the edifice without assuming any debt. A GITY OF HOME- PORTLAND FORTUNATE IN LARGE RESIDENCE TRACTS. As Cheap to Buy In Suburbs as Pay Rent, Says Lents Realty . Broker. "I believe that we have more than 5000 families in this district, and more are coming dally." said W. Allen, a real estate dealer at Lents. "This would give us a population of 15,000 or more, all outside the city limits of Portland." Mr. Allen has been observing condi tions in that suburb, as to the propor tion of people who are home-owners. He has come to the conclusion that 95 per cent of the families who have gone Into the southeastern suburb extend ing to and beyond Lents own their homes. "Portland extends over a big terri tory all in all," said Mr. Allen, "but from my observation this Is a good thing, and It makes Portland a city of home-owners among those who have limited Incomes. My observation Is that few people come here to rent houses, for that is not necessary; they can get a home for the same amount they pay out for rent after making the first payment on the lot. Sometimes a man comes to me and wants to rent a house for $10 or ,$15. I always advise him to get a lot and Crete sidewalks, together with the build ing of the electric railway, have cost up wards Of $200,000. The grading contract In the Rossmere tract, now nearly completed, waa a re markable piece of work. The tract was broken up with deep ravines. These have all been filled and the elevations cut down. More than 250,000 cubic yards of dirt were moved in this leveling pro cess alone. About 25 fine houses have been built In the Rose City Addition, and the foundations for many more are being built. BANK CLEARINGS INCREASE Cash Business Passing Through the Portland Banks $8,237,969. ' Figures for the past week In bank clearings show one of the best weeks of the year. The total cash business passing through the clearing-house banks during the week ending at noon yesterday was $8,237,969. This figure proves that business has been excellent here during the week and every Indica tion Is favorable for a continued ad vance In clearing-house totals as the weeks pass. Bankers are confident that these figures will continue to increase weekly until the end of the year. New Bank for St. John. The Bank of St. John has been In corporated by S. V. Davldor, W. B. Streeter and A. C. Emmonds, with a capital of $50,000. This same company will probably be granted a. 25-year franchise to erect a gas plant in St. John at the meeting of the Council next Tuesday night. Mr. Davldor has purchased a site for the plant from the St. John Steel Shipbuilding Company and will begin construction as soon' as the formality of passing the ordinance granting the franchise has been at tended to. The Council has agreed on all the term and conditions. The (rank is one of the enterprises that will come with the gas plant. ff T iimilHU I I II .1.11. Ml P I I.JJ.ll.llll.llW.K,-.i.,R'A' 'MVlW" I.I I Willi .i.u.ii.ii,i,.I...PM IWmWff li.MWJ, 'J .,i.n.,. ww.v, .1.1' .1 i srv'iff Hykt1 -flnrlrft iiUr -r- . Til IT j'jj, , I "r : - LjLJtSH ! 1 - 4 i , , c- ft. . '--ffii-Tifiarii TERWILLIGER SCHOOL, WHICH IS NEAKING COMPLETIOaf. nue and East Twenty-fourth street. The Western Contractng Compiany has se cured the general contract. The Interior will be of mill construction. The cost will be about $25,000. In case no difficulties are encountered work will start in a few days on the foundation for the John Deere Plow Com pany's six-story building on Bust Yamhill street, between East First and East Sec ond. The character of the ground is now being ascertained. It has not been de cided definitely what kind of material will be used, but It will probably be rein forced concrete. It would only require three months to erect such a building with that material. This building will cover 100x200 feet, and cost $100,000. . Architect Otto Kleeman has prepared plans for remodeling the residence of Edward Sharkey, 383 Benton street, Lower Alblna. It Is proposed to change the structure Into a modern apartment-house of five-room flats. Many of the owners of residences in East Portland are having them remodeled into apartment-houses, as they can be rented to good advantage very readily. Architect A. H. Faber, who some time ago announced his intention to build a residence without flues, yet having an In dependent heating plant. Is preparing plans for two houses on similar lines. These will be identical with his own home at Ainsworth and Garfield avenues. Mr. Faber has prepared plans for a residence on Ainsworth avenue, near Union avenue, to be built of concrete brick, to cost $4250. There are quite a number of dwellings being erected of cement blocks and ce ment brick. AV111 Build Concrete Block. Plans have been prepared for a two story reinforced concrete building, 50x100, on Union avenue and Going street, for B. J. Haight. A two-story nine-room residence Is to be built for W. J. Zimmerman on East Twenty-second and Weldler streets. The cost will be $6000. Dr. Ray Mateon will have a residence put up on Broadway and East Twenty-second streets to cost $3500. B. C. Brainard, who owns the lot at the northeast corner of East Pine street and Grand avenue, is making arrange ment to erect a one-story brick hall for Sumner Post, G. A. R., and also for Sum ner Relief Corps. Mr. Brainard has gone East, but on his return will take up the matter and proceed with the building. With the completion of the pavement on Grand avenue several buildings are to be erected. Dr. Van Waters, who owns the quarter block on Grand avenue and East Ash street, is figuring on a brick, but his plans have not yet been definitely out lined. . The two-story brick building for M. E. Thompson will be built on the southeast corner of Mississippi avenue and Shaver street. Multnomah Addition to Alblna. Mr. Thompson announces that he will build a vault in connection with the struc ture so the corner room may be used for banking purposes, but does not expect to establish a bank at once. However, he thinks that the time is not far off for J an estaDiisnment or mat cnaracter. "Everything looks encouraging for Al blna," said Mr. Thompson. "We are get ting some results from our scheme to Improve all the streets In Multnomah Ad dition, including about eight miles of macadam improvement. Alblna avenue Is being advertised, and many of the other streets Included In the general Im provement resolution for Multnomah Ad dition are to follow." The firm that leased the Buckman build ing will place iron posts on East Burn side street and Union avenue for clusters of lights. This is a departure on the East Side, where, except on Grand ave nue, the streets are lighted only by city lights. This is In line with the plans of the East Side Business Men's Club, which has proposed a scheme of street illumi nation. These modern buildings, started on the East Side last year, are being completed, and their effect toward estab lishment of a business center will soon be felt. Pays $24,000 for Corner. W. L. Morgan has purchased the quarter-block on the southwest corner of Grand avenue and East Stark street and the east 24 feet of a lot facing Union avenue for $24,000 from J. M. Healey. Mr. Morgan had a lease on this quarter and sold to G. W. Carpenter the east half ot lot 11 and 12, In block 64, Irvington, for $4509. At Piedmont and Walnut Park many sales for residences are being made. There Is a building restriction In Walnut Park, with the result that a fine class of homes is being erected there. About 10 dwellings, costing on an average of $3000 each, are being put up In Walnut Park. R. W. Clark has purchased the two story frame residence at the southeast corner of Grand avenue and Wygant streets, near Highland, for $5000, from T. Olmstead. George M. Hyland has sold his hand some home In Holladay Addition to Mrs. Hattle E. Wells for $9000. It Is a two- story residence occupying a full lot Minna Godfrey sold to W. W. Hills a residence on East Second and Irving streets for $4250. Nelson O. Loucks sold a quarter-block occupied with a two-story residence. In Piedmnot, for $4150. Blain R. Smith has sold his lot and res idence at East Tenth street, between Hal sey and Clackamas, to Mrs. Etta Hol brook, for $5500. Three Residence Sales. Mall & Von Borstel have sold for R. W. Schmeer to Mrs. O. S. Collins a residence on East Eighteenth street, between East Ankeny and East Ash. The consideration was $3750. Also for C. W. Batcheller to Frank McKnlght a two-story residence at 715 East Ash street. The consideration was $5400. The Mercantile Trust & Investment Company sold to Dora H. Schnltka, through the same firm, another resi dence for a consideration of $1900. . Will Build Frame Apartments. Dr. Louis Buck Is having plans pre pared for an apartment-house, to be erected on a single lot at Twenty-first and Flanders streets. It will be a frame structure of three stories and cost about $16,000. In the same vicinity, at Twenti eth and Johnson streets. Mrs. J. A. Ven ess, of Winlock, Wash,, Is to erect a 14-room residence, at a cost of $30,000. Brand New Section Of Rose City Park Will be opened for sale this Fall. Not only new, but the most beautiful part of the en tire 1100 acres. Just north of Sandy road and west of the hill, still nearer the city than any part of the park heretofore placed on the market. Lying at the foot of the Ala meda Terrace and along its crest, this is unquestionably the most magnificent lot of building sites anywhere in the City of Port land. Within five years, possibly less, lots in this part of Rose City Park will be scarce at $2000 each. An experienced real estate man made this statement Friday, and he does not own a foot of land in Rose City Park. That he will, is a matter of a few, days only. The winding streets and lanes in this new portion add immensely to its nat ural beauty. Building sites are ideally lo cated. On the terrace, they overlook the balance of the park and the city, while at the foot of the terrace, on the gradual slope, are scores of the choicest spots in the North west. No steep grades have been allowed to the crest of the Alameda terrace. Wis taria avenue comes down from the school house site at a 5 per cent grade, while none of the lanes connecting the upper and lower property are steeper than 8 per cent. The natural lay of the land has determined the right of way for these lanes. They wind about gracefully and provide many delightfully-situated corner-building sites. The same fair prices will be placed on these lots as on the ones that have been sold, while the terms will be easy enough to allow any body to buy. It might be a splendid idea for you to ride out to Rose City Park any day and see this new section. If you will call at our office, we will be pleased to have one of our representatives accompany you. Real Estate Department Hartman & Thompson Chamber of Commerce PAVE STREET NEXT YEAR IMPROVEMENT OP HAW THORNE AVENUE HELD VP. Hundreds of Homes Are) Springing Up All the Way From River to Mount Tabor. War between the two hard-surface paving companies has resulted In holding up the proceedings for the Improvement of Hawthorne avenue between East Third and East Forty-first. Announcement is now made by W. L. Boise, representing large property Interests, that the paving of Hawthorne avenue will certainly be undertaken next year. It Is now too late to get the matter under way and finished this year. Mr. Boise says there is no material opposition to hard-surface pave ment, and that there is considerable dis appointment over the failure to improve this year. It is realized that Hawthorne avenue, being 70 feet wide and leading from the Madison bridge, will be one -of the most Important East Side streets. There is now a disposition to improve It to Mount Tabor, although It may not all be hard surface pavement. Houses are being erected on both sides of the avenue for many blocks, and a business center Is being developed at East Thirty-fourth street. At the junction new additions have Just been opened up north and south of the avenue and many dwellings are being built. George W. Brown, who bought ten acres near East Forty-eighth street, has had the tract and streets graded. It la confidently expected that Haw thorne avenue will be improved next year through to Tabor avenue, and that the main portion will be hard-surfaced pave ment. It will be one of the most ex tensive street contracts ever let on the East Side and will cost above $100,000. There Is a wonderful growth along Hawthorne avenue east from Thirty fourth street to Tabor avenue and south to EMvision street. A year ago there were but few houses In this district, but It is estimated that not less than 300 handsome residences have been erected there. Between East Fortieth street and Tabor avenue the greatest new growth may be noted. This is a new section and had never been built over, but most of It was recently laid out a an addition. New houses are now being built on this land to Tabor avenue. Many handsome homes are being built between Hawthorne avenue and Division street. Land that had been devoted to farming and gardening has been oc cupied by homes. In locating the pro posed schoolhouse for the Waverly-Rlch-mond section the Board of Education made a selection of a site that will ac commodate this growing section for a radius of a mile. It is now thought that plans will have to be prepared for a 20-room schoolhouse to be built next year on the site In the Kern tract. Probably ten rooms will be needed and occupied next year. A number of Etreets have been cut through and Improved between Haw thorne avenue and Division street. The class of homes built In this section Is excellent. While not pretentious, all are attractive. The district between Sunny side and the suburbs, extending to Mount Scott, is rapidly being built up with homes. Brick Building for St. John. Goodrich & Goodrich have prepared plans for a two-story brick building for P. H. Light, to be built in St. John. Bids for the construction will close Monday. Queen Alexandra has Just opened In London several new buildings of tha Hostel of St. Luke, a charity Intended for sick clergy. U f ! I hi - U LJ U dn 3 if flll'l' - - - I DF! Fl . FT Ft FT FT TT "Wmtiht fm&km il - 1 & r-SassK ' ySSSSSL. Slit? a. X.. . 3N THE SEW VERXOJT SCHOOL Bt'ILDIXG.