The Sunday Oregonian., April 12, 1908, SECTION THREE, Page 8, Image 32

HIE SUNDAY OREGOXIAX, PORTLAND, APRIL 13, lOOS.
REALTY MARKET
KEEPS UP TONE
Transfers. Maintain Record
in the Number of Items
Figuring.
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FEW LARGE TRANSACTIONS
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1'asl Week in Building Operations
Show No Tailing Off Prospect
for Future Ilrlght Hoile Ac
commodations Invreased.
The week past was void of sensa
tional features in the real estate mar
ket, but In totaling the number of
transactions recorded It Is found that
the active husines-s done for the past
three months has shown no falling off.
The firms that handle only Inside prop
erties and which are not financially In
terested in the cheaper lines of lots,
complain that the v.eck was profitless.
Those who are selling agents for the
platted tracts, especially in those aK
riitlons which have made good starts
In the way of settling up with perma
nent residents, all report that the
number of Fales made In the last week
have been quite up to the records of
several previous weeks.
The innovation made by the Realty
Hoard in Malting these tracts In a
body has resulted in bringing this
branch of the business more promi
nently before the whole trade, and so
far has given no sign of creating Jeal
ousies between the agents owning or
handling these additions. The pres
ent year promises to cement real es
tate men more closely than they have
been ever before. On the first excur
sion undertaken under the new admin
istration there were quite a number of
Introductions made between the mem
bers and others in the business; on the
last excursion most of the "boy" ad
dressed each other'by their ftrst names.
The. officers of the board say they
trust that these excursions and the
frequent meetings outlined for the
year will result not only for good in
a social way, but will bring about bet
ter understanding between those who
are engaged In a common avocation.
Keep Iteeord Up.
In five days of the week .107 items
figured in the transfers, with a total
of $287,000. Eliminating such items as
cemetery lots, re-transfers to perfect
titles, corrections and all that did not
represent actual purchases, the total
number was 276. As to actual amount
in values there Is no certain way to
figure it out, owing to the large num
ber recorded with- nominal considera
tions stated. Tn the days referred to
only sl transfers were Included in
which the values were given as above
$5000.
Permits for building maintain the
record started the first of the year.
There were lis permits- iesued last
week carrying $165,860 In valuations.
For the month, beginning the middle
of the previous week. 190 permits have
been Issued with, a total valuation of
1271.510.
These figures furnish evidence of a
continuation of the healthy tone in the
Portland, market. The Construction
News' monthly compilation, obtained
from official sources, shows Portland
fourth In the list of 15 cities of the
country making gains In March, over
the operations of 1907. The number of
permits Issued last week were largely
for dwellings on the Kast Hide, which
has been the rule for some months
past.
ifiood. Class of Alterations.
One of the most noticeable features
of present building operations in Port
land, apart from the steady and al
most unbroken record of new build
ings being erected In all parts of the
city. Is the character of alterations and
extensions made of the older struc
tures. On every side these alterations
are found to be of the most substan
tial and artistic character. This is
particularly true of interiors. Num
bers of stores tn the retail districts
are being reflnished in hardwoods and
art glass, and several others are be
ing altered from plain old-fashioned
warehouses . Into up-to-date sales
rooms In modern types. The Corbett
estate buildings on opposite corners at
Fourth and Stark are examples of this
Improvement.
The new business structures are
progressing favorably, and prepara
tions for additional buildings are under
way. The Medical building at Alder
and Park Is filling up rapidly, and ten
ants express much satisfaction with
the completeness and excellence of the
appointments. The Beck is about
ready for tenants and the Commercial
Cluh building is filling up. After re
maining vacant for some time the big
first floor store of the Couch building
Is about to he occuplod by a music
firm.
Advertising; Brings Hcsults.
The persistent advertising done by
the commercial bodies of Oregon Is
bringing results which the realty deal,
ers are participating In. iore In
quiries are .coming from out of the
state places for investments in real
property at the present time than ever
before. Those inquiries are not only
for acreage, but for city lots as well,
and several dealers have commissions
for Improved city property as well.
The widespread advertising has at
tracted the attention of capitalists,
who at first evidently thought the sit
uation and claims of exploitation were
overdrawn: but aa the reports became
verified these conservative Investors
finally have come to the conclusion it
Is time to examine into the chances
offered and take advantage of present
offerings.
Place for Big Hotel.
One of the chief points brought out
In the Commercial Club's prize article
on Oregon was that hotels of Portland
are overcrowded. That condition Is
being relieved gradually by the open
ing of new hotels In the past month,
and will be further relieved when the
additions to existing hotel buildings
are completed and new ones projected
arc ready. At the same time there Is
a pretty generally expressed opinion
that another hotel of large dimensions,
and to be conducted strictly on modern
plans. Is - required and would be not
only a paying Investment but would
add greatly to the attractiveness of the
city.
.eppermen Build Homes.
Richard D. Cannon, city editor of the
Evening Telegram. Is having a residence
built at Midway, on the Sellwood carltne.
The frame of the building is np. Robert
Withrow. also of the Telegram, will have
a bungalow built in Rose City Park. It
will stand on concrete blocks. Contracts
have been awarded and work will start
at once.
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PORTLANDTD
NEW NEIGHBOR
Opening .of Lewiston-Riparia
Cutoff Is Important to
This City.
GOOD FOR MERCHANTS
Ex-Scnator Heitfeld Declares That
Clearwater Baiin Will Be Tribu
tary to Portland Big Excur
sion Planned to Festival.
Henry Heitfeld, ex-United States Sena
tor from Idaho, and present Mayor of
Lewiston, is a member of the committee
of Idaho business men. who have come
to Portland for the purpose of extending
an Invitation to the business men to
visit Lewiston and Clarkston at the cele
bration of the opening of the Iewiston
Rlparta branch of the O. R. A N. Rail
road ln'Lewlston. May 2. at which time
the annual Blossom Carnival will als.o
be held.
Senator Heitfeld Is deeply interested
in the success of this excursion, as he
considers it will mark the beginning of a
new era in the commercial development
of the Inland Empire. Mr. Heitfeld said
yesterday tn speaking of the opening. of
the new branch:
"We are here on an errand of good
fellowship, to ask your people, to Join
us In celebrating an event which Is one
of the greatest in our history. For 20
years and more we have hoped for the
coming of the railroad which would give
us communication dlreot with Portland
and at last the time has come. Unless
one has studied the question as carefully
as we have at Ljewiston It is hard to
reallie just how important this new road
is to us. The fact of rt is, that logically
our future is bound up with the future
of Portland, for we are the beginning as
Portland ia the end of those causes that
have made and will make both places
grow. We are at the headwaters of all
that tremendous drainage basin which
Portland considers and rightly considers
her territory for the purposes of trade.
During the early years when the trans
portation Into the interior was entirely
by water Lewiston grew In the same ratio
as did Portland, but with the coming of
the railroads Lewiston lost Its place on
the main line of transportation, which
has now been restored to it by the build
ing of the new line. It should be remem
bered that trafSc takes the line of least
resistance every time. It follows natural
ly that a railroad with a- water grade
route can be operated much more cheaply
than by a mountain grade, and it is be
cause the new line opens a water grade
freight traffic route from Lewiston to
Portland that we feel ourselves to be in
a position to command the business of
our territory.
"The opportunity open to' Portland
merchants is too obvious to need more
titan the barest possible mention. It
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means that the whole Clearwater Basin,
In which Portland has, heretofore, com
peted only at a disadvantage, lies open
to trade; that a buying population which
In numbers Is no inconsiderable per
centage of the total in Portland's field
is for the first time made available. To
us It means much, it means the more
rapid selling of thousands of acres of
fruit land recently brought under irri
gation, a better buying market and a
better selling market.
"Our merchants at Lewiston are making
every effort to further plans for the
proper entertaining of your people when
they come. We have much to show them
and among other things the most beau
tiful fruit valley In all the West. By
May 2 the fruit trees will be in their
fullest blossom and consequently the
valley will be in its most showy costume."
Improvements In Mount Tabor.
Mount Tabor has some new and very
beautiful homes. J. A. Babford has com
pleted one of the most attractive resi
dences in that section. It stands on the
Base . Line road on ample grounds from
which a good view of Portland may be
had. Just back stands the home of E. N.
Wheeler, on equall elevated ground.
There are scores of attractive homes on
Mount Tabor, and others are being erect
ed. While the growth of this suburb has
been slow, it is now going forward rap
idly and substantially. A sewer has been
completed along Belmont street to a con
nection, with the Sunnyside system, and
others are to be built. Between West ave
nue and East Thirty-ninth street over 75
houses are being built.
Higher up. along West avenue, a good
class of homes is being erected. Now
that a 6tart has been made. Mount Tabor
is expected to make rapid growth. At the
end of the electric railway at Tabor
Heights many new dwellings are going
up. Stevens & Bowen report that many
lots have been sold here to people who
intend to build.
Take your wife to see Evanston. It
is on the W-W carline. 14 minutes from
Morrison -street bridge. It is without
doubt the finest lot purchase in Port
land. An agent will be there today (Sun
day). The Spanton Company are the sole
agents.
Hetzger fits glasses zor $1.00
EAST SIDE'S PLANS
Will Illuminate Many Streets
for Festival.
SCHOOL CHILDREN PARADE
Business Men Will Arrange for Attractive-
Feature Which Had
Been GiTen Tp Because of
School Board's Action.
The Kast Side Business Men's
League is doing fine work in its efforts
to make tie Rose Festival an eminent
success. Committees are arranging
with the property-owners on the more
prominent streets along which the
great automobile parade will be routed
to get them to decorate and Illuminate
their store fronts. The club has al
ready arranged, tentatively, for a
parade of not less than 2000 school
children, and they -are to be well
drilled and trained In all the pretty
maneuvers and evolutions which made
last year's pageant so picturesque.
Subscriptions to pay the expense of
this feature of the Bast Side celebra
tion are being made In a gratifying
manner. K. D. Inmsn swelling the fund
yesterday with a contribution of S100.
A scheme of decoration and lighting
of the streets, which will probably
surpass anything attempted on the
West Side of the river, is being worked
out and this attractive feature will be
accentuated by the series of arches
over the various streets which the Eaet
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Side Push Clubs are preparing to erect
at their yidlvidual expense.
The business men of Sixth street,
realizing that It will be a fine adver
tisement for the city as well as a fit
ting part of the week's jubilee, will
meet tomorrow night at the Commer
cial Club to discuss the question of
turning that street into a court of
honor to be set aside for the fun and
frolic for the entire week, wherein
many of the day and nlgrht functions
may be celebrated to best advantage.
If this meeting is successful In its
purpose it is not improbable that on
other streets something similar will be
attempted, giving a large portion of
Portland's business district a gala ap
pearance at very Bmall individual out
lay. The coming week will "probably wit
ness the closing up of a number of
Important contracts for floats on the
part oi Oregon cities outside Portland
for the "Spirit of the Golden West"
parade. Emissaries of the Festival
have been out for the past two weeks
covering a good deal of territory and
reports will be in the hands of the
management early this week, and upon
these reports can be based a statement
as to the comprehensiveness of this
pageant, which will be one of the great
est features of the entire week and will
cost many thousands of dollars. Some
of the cities and towns have contribut
ed anywhere from $500 to 1700 and $800
for their Individual entries In the
parade and with 2t or more floats in
the line it will be one of the most gor
geous and imposing spectacles ever
seen in the West, by far exoelling any
thing ever witnessed in Portland.
The Festival has received from the prin
ters the issue of 100.000 postcards, which
contain the official programme of events,
together with the Festival slogan and
emblem, and these will be distributed free
of charge to drug stores, postcard shops,
department stores, hotels, restaurants,
cigar stores, and all other places where
there are conveniences for addressing
them. The public is Invited to call at
headquarters and get as many of them as
will be needed from now on until the
Festival. It should not be overlooked that
these cards, together with the issue of
250,000 advertising inserts, making a total
of 350,000 pieces of advertising literature,
will go to all parts of the United States
and will do more to advertise the Festival
to Eastern people who are planning to
come out here than any other form of
exploitation ever undertaken in the
Northwest.
Rheumatism Picks Blondes.
LONDON. April 11. In London hos
pitals, said Dr. F. C. Shrubeall, lectur
ing before the Child Study Society,
sufferers from acute rheumatism are on
the average much taller and fairer than
the mass of healthy Individuals in the
same district, while sufferers from con
sumption, cancer, and nervous diseases
are distinguished by their average
shorter stature and brunette traits.
Milkman's Big Find.
PAR 13. April 11. (Special.) A milk
man on his way into Versailles the other
morning saw a dilapidated bag on the
top of a garden wall surrounding an un
inhabited villa. He took the bag down
and bonds of the City of Paris worth
$3000 fell out. He took his treasure trova
to the police station and in a year and a
day. If it is not claimed by ttie owner,
the $2000 will be the property of the
milkman.
Spring styles hanan suoei at Rosenthal's
THE CALIFORNIA BUNGALOW
iust ready) containing many half-tone
and line engravings of Bungalows of
varying .sizes and prices, with floor
plans, nooks, cozy corners, mantels,
open fireplaces, buffets, sideboards,
etc. Description of each house Is give
with estimate of cost, etc. No one who
Is contemplating the building of a
home, no matter how modest, nor how
pretentions, should fail to obtain thl
book. The WILSON Bl7NOAMW BOOK,
is 8x11 iches; large enough to give
plans, etc., which are of sufficient size
for practical comprehension and utility.
The price of the WILSOX BIMGALOW
BOOK is one dollar, postpaid to any
address. Complete working plans and
specifications of any house shown In
the book sent to any address fr $10.00
(one dollar less if you have a copy of
the book).
l.SON. Architect.
l.oa Angeles, Cal.
This style of building has so much
of beauty and cozlness to commend it
that it is spreading all over the coun
try. Altogether the best exposition of
this architecture is the WILSON Bl'N
GALOW BOOK, (new second edition
HENRY I.. WI
4S427-4ZS I opp Building.
I Will Sell My $50,000 Home
Having fully determined to remain permanently in Portland, I
am prepared to offer my elegant San Francisco home at an unusually
attractive figure. It is for sale.
My home is located near the corner of Van Ness and Pacific ave
nues, has a high elevation and commands a fine marine view. The
lot is 3714x110 feet; the . house has 16 rooms, and covers pretty
nearly the entire lot. It is modern in every detail, and one of the
best homes in the Bay City.
The property is valued at over $20,000 and the house actually
cost $47,000. It is cheap at $50,000, and I will take $40,000 for it,
either in cash or Portland property or an equity in Portland property.
FRED A. JACOBS
Care Jacobs-Stine Company, 148 Fifth Street, Portland.