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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.
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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.
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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.