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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (May 31, 1908)
r THE SUrrDAT OREGOXIAX. PORTLAND. . 3IA Y 31, 1908. SETTER TONE III REALTY MARKET TYPES OF CHARMING HOMES WHICH ARE BEING ERECTED IN PORTLAND AND ITS SUBURBS Week Indicates Improvement in Inquiry for Inside Busi ness Lots. OUTLOOK FOR BUILDING Eastern Capital Ready' to Invest In Portland W hen Suitable Sites Can Be Found Present 'Week Promises to 'Be Dull. . There was & distinctly better tone In the real estate market last week than during the week preceding;. Several dealers reported a renewed Inquiry for Investment properties and nearly every office In the city visited In the latter days of the week discovered evidences of activity. As a matter of fact, the prin cipals were out of their offices accom panied by prospective buyers. In many places visited, and there was a "feeling" manifested that business In reality had taken on an unmistakable strength. It may be, to a certain degree, that realty men have found that sitting around In offices waiting for customers is a poor way to keep things moving, and have decided, to get out and turn things up. There Is a good prospect for several important deals in what may be designated the southwest district of the city, approximately, and when the parties to the deal get together, which is likely to be done In a few days, there will be more or less of a surprise sprung on the trade. Good Deals In Prospect. In a very general way, there Is a district out Alder, Morrison. Yamhill and Taylor, between West Park and Thir teenth, that is being figured on by sev eral responsible dealers and brokers, and within the next few weeks announce ment will be made of some transfers that will open the eyes of "conservatives." It Is known definitely that at least three big buildings are to start this coming Fall, apart from those already announced, as will be observed In the interview published elsewhere with C. K. Henry. These with the Meier & Frank Company's ten-story structure at Sixth and Alder streets; the Olds. Wortman & King's full block on the Pennoyer square; Gay Lombard building at Fifth and Stark; addition to Good Samaritan Hos , pltal; Rosenblatt Hotel, at Tenth and Alder and start of building operations for the Swift plant, together with a 'continuation of the erection of dwellings at the rate done since the first of the year, will give for this year a record well up if not over that of last. year. The total value of permits issued 'In the short month Just ended was J754.S2S, for 372 Items. In May, 1907, 481 permits were Issued, carrying a total of Jl.152,732. The Spring months of last year were the heaviest known In Portland and there were more big buildings Included in the records than for any previous period. ' This Spring there were some permits taken, out for Important buildings, but by large odds the building operations cover more dwellings than In any pre vious year. While these dwellings are for the most part being erected on the East Side, there Is a good proportion on the West Side as well. Test Hotel Accommodations. This week will furnish an opportunity to test the present hotel accommodations of Portland. Some of the more timid Investors have been expressing fears that the building of hotels has exceeded the requirements of the city. With the pres ence of thousands of visitors In the city during the Rose Festival It Is more than probable some difficulty will be exper ienced In finding room for them, and evidence be given that the city needs more rather than fewer hotels. It is not sufficient to cite an instance or two where recently opened hotels did not pay big from the start, to prove overbuild ing; there Is likely to be some other ex planation beside the Increase in the num ber of buildings devoted to hotel use. There Is a persistent rumor that a syn dicate composed of outside capitalists has practically decided to build a hotel on a larger scale than any now standing In the city, and another enterprise, tem porarily abandoned last Fall, Is likely to be revived at any time. Reference is had to a tourist hotel for Portland Heights. A practical hotel man from New York who visited this Coast a few weeks ago remarked, when being shown the Heights, that he considered that lo cation the best on the Pacific Coast for a flrst-class tourist hotel. He also pre dicted that the building of such a struc ture would be taken up seriously before a great while, for the opportunity to make a success of such a venture Is be yond question. Kealty Transfers Improve. In the matter "f real estate transfers for the month of May the total reached J1.1S5.W9. There Is considerable improve ment In the matter of recording nominal valuations, due to the agitation in the newspapers and to the action of the Realty Board In favoring a reform in this direction. Instead of the total valu ation for the month footing the total given, if real valuations had been re corded In all cases the total would have reached at least Jl. BOO, 000. Great interest is being taken by the trade in making the coming lecture by R. H. Thomson, of Seattle, a success In point of attendance. The committee hav ing the arrangements in hand called on some 25 of the leading business men of the city on Friday and invited them to art as vice-presidents at the meeting. The committee was received in a way that impressed the members with the widespread Interest property-owners are taking on the subject of street improve ments. The mass meeting is to be held at the Empire Theater on the night of June 11. Arrangements have been com pleted to have the subject presented by Mr. Thomson in the fullest manner and to have short addresses made by local men who have given street work much attention. This week, on account of the attrac tions of the Rose Festival, beside the unusual interest in the election, will re sult in dull business? There are several pretty good-stied deals on, but no one expects anything to be done until the town quiets down again. Hawaiian Prince Mortally 111. SAX FRANCISCO. May SO. Prince David Kawananagoa. of Hawaii, son of ex-Queen Llltuokalanl, la seriously ill in this city. He was attacked by pneumonia several days ago and continued to grow steadily worse. The physician in attend ance announced today that there is hop that the Prince will recover, although his condition is dangerous. He came here a short time ago from Hawaii with a party of Hawaiian, which was going to the Northwest on .a hunting expedition. The party Is detained here owing to bis Illness. 'V .Tif '"-x . 'Iff ' xjHj UL. lr,: fXZ fr mJ n ai 5 T1 it ' p F.. .-,T . . t is-sgJIl .f, .,' Tyfr . , 'imC' I 'r:Vs? l - ' ; " ,--SSSSSISSSSSSSSll , , j 1 I&e&ag - W , --V-i- -' -s ' ' "j!' ' . . i x-is- wr '' 1 II V - - ' jJWX. &?&fA'h?&i'f? I'.' '"!"'5t II en years' constant attendance on III!.- ! v s SS -' - ' " 'Y''yr.ii,!.t',i! t . . ' - ,JW'st y ,'V,' ?-v,- y 4 - J',.!! I I Inquiry at the office or the Portland I tv; JCt r V3 I Retail Lumber Company brings out the lllt- vl?s V-f- S tfe.-nt'!? v?-" - MmIII information that at no time since the I to"1 wiJtJitfSJ Sfr-'A- ' - .V '.XS- . JIII I concern started business has there the city. ii h - , ?ti;-ir Hit.'. . u-vt.. vjiii i, OLD BUILDINGS MUST GO FIFTH-STREET CORNER Villi BE IMPROVED. Little French Restaurant That Holds Distinctive Place In Portland "Will Close Its Doors. Sentiment and business don't mix. When It was announced some months ago that Gay Lombard had notified tenants on the quarter block at the northwest corner -of Fifth and Stark streets to move out, the news was her alded as another evidence of this citi zen's Interest in improving the city with modern structures. Mr. Lombard and his associate. Joseph M. Healy are 'regarded as among; the leading; men 7i;"r7S . ' ' r,Tif "1 J MAKE HEAVT LOOEK SAIjES -1 4S l" V-fe .:l'fvt$rg J More Building- Material Is Being of the day in supplanting; "shacks" with up-to-date buildings. The quarter block in question has a number of one and two-story frame buildings occupying the site, and the fact that Mr. Lombard has served no tice on the tenants to vacate is suf ficient Indication that ha Intends to erect a building on the ground com mensurate with its importance as a business location. He has had a pla card displayed for eome time that he would build to suit-a desirable tenant, but now that the tenants are to leava and the old buildings to be removed it would seem to mean that he will build In any event. Now, as to the sentimental part of the matter. For seven years there had been maintained in one of the small buildings on the site, at 93 Fifth street, a French restaurant owned and con ducted by Madame Vucash and her two daughters, the parents coming to Portland from Butte. Before that time it was conducted by by La- Fabre, whom older residents of Portland will remember. Since Mme. Vucash has been presiding; In the "rear room," ths dinners at this unpretentious resort have been recognized as among tha most distinctive in Portland. The din ners served were just such as one finds In La Belle France in the quaint little restaurants and cafes that have made that country famous as the Ideal for Bohemian life. There was the relish and tha soap with its suspicion of garlic; the entree with its sauce of toothsome flavor; the salad; the roast; the sweets and pastry; the cafe noir au cognac, and before tlmes the nearest approach to the wines of Bordeaux possible In Western America. The regular patrons of Mme. Vucash's for ths last few years have been those who understand and enjoy the food and environments. The little restaurant has entertained millionaires and working people; French sailing; masters and flO a week clerks; busi ness men whose wives are away from home, and a large clientele of people who have tired, of the incessant steak and porkchop. Kot an evening - has paased but that one could find the dinner-rooms tha resort of men in almost every walk of life, with tables occupied now and then with family parties out to Changs the regulation order at home. But ths march of improvement has put a stop to this. Sunday night the last dinner will be served at the little French restaurant, and the madams and her daughters will go over to Woodlawn and occupy their cozy home. Just Whata Woman Wants Tint Tour Booms With Washable Kalsomine Costs less than the ordinary kalsomine, which fades and rubs off. No trouble to call and ex plain our process, and give esti mates on' your work. Portland Branch, Pacific Wail Tinting Co. Telephone, Woodlawn 2158. DAVIS & 406-408 East Gas and Electric Lighting Fixtures Sold direct from manufacturer to the consumer the highest quality at the lowest prices. Do not fail to get our prices. Fixtures Built to Suit the Home B. E. DAVIS Phone B 2151, East 591. H. T. DRENNEH PACIFIC IRON WORKS O. E. Heintx, ICanager. Phone East 57, Home B 1157. . CASTINGS OF ALL KINDS, STEEL BUILDINGS AND BRIDGES IN STOCK 3 to 24-Inch Beams. 4 to 15-Inch Channels. 1V2X1V2 to 8x8-Inch Angles East End Bornside-Street Bridge, been as much building; lumber bought j In Portland for an equal period than during the months of April and May. This company being the agency of Inman-Poulsen, Eastern & Western and Portland Lumber Companies, Is in po sition to keep closely in touch with the demands of builders of the city and environs. Henry W. Hall, tha city sales agent for the companies, said yesterday that the evidence of his of fice proves that more building opera tions are under way at the present time than ever before in the history of LIGHT IS LIFE Nothing adds more cheer to the home, hotel, of fice or display window than artificial lighting;. See THEM. J.WALSH CO. Fins line of Lighting Fixtures and Supplies. If yon see them you will buy them. SALESROOMS! Sll STARK, BET, Dth A3D th BOTH PHONES. AU Kinds .f Electrical and Gas Work Fi unapt, ly Attended To. DRENNEN Burnside Street Portland, Oregon.
