GOOD TONE IN
REALTY MARKET
Several Deals of Good Size
Result in Creating More
Interest.
BECOMES CITY OF HOMES
New Manufacturing Plants Assured,
Which Will Mean Continued
Demand for Wage-earners'
Honriesltes and Dwellings.
The real estate market the past week
had enough good business reported to
keep the tone strong and also to keep
dealers guessing what is to come next.
The. fact that local wealthy men are
picking up the few remaining desirable
sites in the business district of the older
part of the city, and announce their in
tention to put up modern buildings there
on, has made the trade take quite a dif
ferent view of the prospective market,
for in the last few days not so much has
been heard of the brisk demand from out
side buyers as of the probable purchase
of this or that piece by a Portland in
vestor. Dealers say the outside inquiry has not
ehown any falling off, and In fact report
a growing Interest by investors from dif
ferent parts of the country; but local
capitalists are the class now being ap
proached with greater confidence than
was the rule a few months ago. It would
seem, as a leading broker said, yesterday,
that the prophet-in-his-own-country prov
erb is being ignored. Realty dealers had
a difficult experience in convincing Port
land investors that right here at their
doors better opportunities are offered than
are to be found elsewhere. Recent events
would seem to Indicate that at last the
dealers have won their point.
Becoming Manufacturing City.
One of the most significant signs of the
times is that Portland if. becoming a man
ufacturing city of the first importance.
The Manufacturers' Association has been
Instrumental in securing the location of
three plants within the last few months.
These are the Star Drill & Machinery
Company, located at Clinton street ana
the railroad, East Side; the Carman Man
ufacturing Company, of Tacoma, to be
located at Nineteenth and Savler. and the
rpment works now being organized, which
Is to build in the South End. Officials of
the association report that three other
enterprises are figuring on locating in or
near Portland.
These, added to the certainty of the
Union Meat Company's and the
Schwartzschlld & Sulzberger pacKln
plants, together with enlargements under
way of plants already estannsnea. point
to the certainty of having the manufac
turing industries of the city increase to
an extent that means much to its growtn.
Kvervbodv who lias even a superficial
knowledge of how cities are created
knows that manufacturing and transpor
tation facilities are the principal factors
In the making of great centers. Portland
takes front rank in the latter particular
and Is rapidly arriving at the former.
Large Enterprise Coming.
Without the element of what is
known in the vernacular as "hot air"
It is to be chronicled that within a
couple of months announcement will
be made authoritatively of the con
summation of the biggest manufactur
ing enterprise, or to be closer to the
fact, enterprises, that has yet sought
Oregon for its location. Enough may
be announced now to indicate that a
company is formed with stock all taken
for the establishment of one of the
most elaborate manufacturing schemes
In the whole country, and that little
doubt Is felt by the promoters of the
enterprise of its early consummation.
Eastern as well as local capital is in
terested in this enterprise, and the lo
cation will be not over 30 miles from
this city.
These enterprises mean much to
Portland, for manufacturing means
employment of men, and employed men
want houses to live In. The mainstay
of a city rects in the wage-earners, for
It Is they who keep money In circula
tion and make business in all lines
possible.
This city is fortunate in the class of
wage-earners that have grown into its
citizenship or who have been attracted
here. Fortunate, because they are in
dustrious and save part of their earn
ings, at least, and, better still, invest
their surplus in homesites and build
houses.
Becomes City of Homes.
It requires no expert in economics
or In building statistics to see for
himself how the city of Portland Is
rapidly becoming a place of wage
earners' homes. In any direction tra
versed the evidence Is at hand. Three
or four hundred building permits are
Issued every month to these most "de
sirable citizens," and as rapidly as the
houses can be finished they are occu
pied by families, whose head at once
becomes interested in pushing the good
work forward.
Transfers of realty as recorded last
week kept up to about the average
of the last few weeks. Several large
deals were placed on record, which
brought the average up. The consid
erations would total something over a
quarter miilion if the real amounts
had been stated in the records.
A rumor was current on the street
that part of the half block at Fourth
and Ankeny had been taken at $65,000.
and the transaction may be verified
later on. though at the time this com
ment closed oarttculars of the deal
could not he obtained.
New buildings are progressing with
out hitch of any kind. The Oregon Ho
tel annex looms up over the surround
ing buildings, the Fenton likewise is
receiving the finishing work on the
walls, the Cadwcll-Burkhart. on Second
street, in up one story; work on the
l . M. C. A. moves upward graduallv
and so It goes all over the cttv. Work
men will be putting up the superstruc
ture of the Rosenblatt Hotel, beginning
this week, and reports from the dif
ferent districts of the city are to the
effect that building Operations are
maintaining the remarkable actlvitv
that has become subject of surprise to
both resident and tourist alike.
Burglar Invades Bedroom.
NEW YORK. July ll.-A wakened at an
early hour this mornin by pressure
about the throat. Mrs. lgoe Whitley of
Boston, a niece of the late Mrs. Charles
F. Fair, discovered that she was being
gagged by a masked man. She was un
able to scream, but she fought desperate
ly and awakened her brother-in-law
Frank B. Leonard, at whose home she
was staying in Caldwell. N. Y. He burst
Into the room and the man jumped from
a second-story window and escaped. The
police are inclined to believe the intruder
was not a burglar.
Residents of Portland Building
TTyTVC., ' , i alj"
1 .VMF M 3 , Messrs s 0 I B III IL LZ. , 4-.
GOOD-SIZED SALES
ON EAST SIOE
Business Sites Figure in the
Week's Transactions Along
With Residence Lots.
NEW TOWNSITES FILL UP
Modern Street Work Gradually Re
places Old, Greatly to Improve
ment In Appearance of City
and Comfort of Residents.
Furchase of the quarter block at the
southwest corner of Grand avenue and
East Ankeny street for $27,500. by J. C.
Alnsworth, president of the United States
National Bank, the past week is a sig
nificant pale and a recognition of the
importance of Grand-avenue property by
Mr. Alnsworth. John R. Brigham, who
sold tho quarter, held it for nearly 40
years, having paid J1100 for it. The
price paid indicates the advancing value
of property on Grand avenue.
Quarters on East Alder street brought
$45,000 with their buildings several months
ago, but the quarter at East Ankeny is
occupied bv a small cottage. The price
paid would indicate that the value oT
blocks between Union and Grand avenues
has reached $100,000. It is understood
that Mr. Alnsworth will erect a brick
building on the site as- soon as a tenant
is found to lease the structure.
Buys Albina Lots.
Another transaction the past week was
the purchase by W. A. Caldwell of sev
eral lots in Albina for $16,000. The prop
erty Included are a house and lot on the
southwest corner of Failing and Hen
dricks streets: dwelling on the northwest
corner of Falling and East Tenth streets
and a 60x200 lot facing Union avenue, be
tween Fremont and Beach streets.
Mrs. Helen B. Banks, of Salt Lake,
sold to Deering & Jackson her former
residence on Broadway and East Twenty
second streets, for $7000. Mrs. Sarah
Evans bought a house and lot on Kerby
street. Albina, for $4250. A quarter block
and house in Vernon was sold the past
week to Mary T. Littleiield for $2100. In
this tract a number of building sites
were sold and new homes are under con
struction here In all directions. In City
View Park a lot and fraction, with a
house, was sold to Sophia A. Rledle for
$4000. R. A. Eva purchased lot 3 and
part of lot 2, in block 295, for $4750, and
in Holladay Addition sold a lot, 40x80
feet, with house, for $3500. Frank Bode
sold lot 7, block 201, East Portland, to
G. N. White, for $3000.
At Arbor Lodge, on the St. John car
line. Mary L. Gould sold H. M. Abbott
lots 3 and 4, in block 2, with house, for
$4150. In North Albina E. E. Lang sold
to Martin Reiling a quarter block in
block 2 for $3800. Ellis Hughes sold a
quarter block in block 36. Irvlngton. to
Joseph Menefee, for $3000. In Lincoln
Park John T. Foulkes sold to James
Blane lot 13, block 22, for $1800
AVaverly-Rlchmond and KeniHvorth.
The remarkable progress that has been
made and Is still being made south of
the Section Line road, including Waver-ly-Richmond,
Waverleigh, Kenilworth
and the entire district toward Wood
stock, is due to the Waverly-Richmond
and Kenilworth Push clubs. A year ago
there were no improvements under way
in this district worth mentioning, but
now an expenditure of over $1,000,000 in
substantial improvements, including new
streets and attractive homes, has been
projected.
In the Waverly-Richmond district an
eight-room scholhouse is being com
pleted and will be occupied this Fall.
Clinton street is being Improved through
to East Forty-first at a cost of $16,000.
Ellsworth and several other 'streets also
are to be paved, the cost of this class
of improvements aggregating $100,000. In
the Waverleigh tract all streets are to
be paved and 40 cottages are under con
struction. In Kenilworth, through the
inspiration and push of the Kenilworth
Improvement Club, thore has been
marked progress. Results are now being
secured after a long and hard pull on
the part of the enterprising members of
this club. Gladstone avenue, 80 feet wide,
is being improved between East Twenty
sixth street and Ivanhoe, a distance of
more than a mile. Gladstone avenue is
to be extended through to the Southern
Pacific carshops, opening that great dis
trict direct to East Twenty-first street
and providing another street, besides
Powell, into the city. Several of the
cross streets, including one running to
the Oddfellows' Home, are to be opened
and Improved.
As- one result of these street improve
ments Kenilworth has become a desira
ble home-building section and many lots
have been sold the past few months. A
large number of attractive homes have
been erected and others are now build
ing. Between the Southern Pacific car
shops and Ivanhoe. about a mile, there
Is a most satisfactory growth.
Holladay-Irvington District.
It would not be easy to place an esti
mate on the cost of the improvements
projected in the Holladay-Irvington dis
trict, and the district northward from
Thompson street. There are now under
way and projected improvements that
will cost upwards of $2,000,000. Of this
amount ax least Jl.OX.0u0. perhaps more.
Cozy Little Homes Like These in Every Section of the City
will be expended in hard-surface pave
ments within the next two years.
Northward from Thompson street,
which already has hard-surface pave
ment, a splendid residence district is be
ing developed. Thousands of dollars are
being paid out every week for new work
on streets, which are being graded, con
crete sidewalks and hard-surface pave
ments laid. This Is a new district and
vhile some wild growth yet remains, at
tractive residences are already being
erected. About 300 have been built al
ready and others are projected. The
building area is rapidly extending north
ward to Vernon, which was opened only
one year, ago in a wilderness of under
brush and stumps, but over which now
building operations reach on toward the
Columbia River. To the eastward im
provements are moving, and will soon ex
tend to Rose City Park in that direction.
In Holladay addition and Holladay
Park, residences are being built that will
cost on an average of $5000, several betr.g
estimated at $12,000. The Oregon Real
Estate Company Is laying Hassam pave
ments on many streets, which will be a
fair test of the lasting qualities of that
pavement. Out of the movement started
by the Holladay-Irvington Improvement
Association it is believed 'reasonable
terms for hard-pavement may be secured.
A. J. Capron declared in his address be
fore the club Monday night that it is not
the pavements that are objected tj, but
the cost of the pavements, and if the out
come of the work of this association re
duces the cost It will accomplish a great
work for the whole city. The cluo is able
to handle the question, being one of the
most powerful organizations in the city
and having ample means at its command.
Depots to Be Built.
The most important advance movement
on the East Side for the week was the
written announcement by General Mana
ger O'Brien of the Harriman lines, thai
plans for a passenger depot were being
prepared and that the building would be
ready for occupancy by the first of the
year. It Is believed the depot will be
built on East Morrison and East First
streets. The size of the building was not
given, except that It will be ample for
all public demands.
The freight depot will not be erected
this year, but assurances were given that
it would be built aext year and of suffi
cient dimensions to take care of the
freight that comes to the East Side. The
growing warehouse business in tho dis
trict between Union avenue and the Will
amette River Is evidence of the need of
facilities for handling freight. Mr.
O'Brien admitted to the committee from
the East Side Business Men's Club In an
interview that the Harriman freight facil
ities on the West Side were not altogether
satisfactory and that an East Side freight
station might give relief. He was very
cautious, however, about making prom
ises as to the dimensions of the building.
He said the outlook on the East Side for
a substantial growth was most encourag
ing. Several new warehouses are now being
built, including Oliver Chilled Plow Com
pany. Wallace & Devlin and Parlfn &
Orendorff, representing an outlay of $150.
000 ail in this district, which will largely
Increase the amount of freight handled.
It Is also predicted that when the fills
are completed covering some 20 blocks,
and the streets, it will result in a large
number of other wholesale buildings being
erected. .Those who have followed the
situation are confident that the Harriman
interests will provide ample facilities for
handling freights on Its own property in
this district.
Lay Cornerstone of Villa.
Preparations are being made to lay the
cornerstone of the first building of the
"Mission Villa" on the Powell Valley
Road in Waverleigh. A suitable ceremony
is proposed on that occasion. Several
distinguished men have been invited to
participate in the exercises. It will mark
a departure from the ordinary apartment
house construction and introduce some
thing novel here. A cluster of buildings
will be erected on the grounds, the occu
pants of which are to be given the oppor
tunity to purchase all their supplies on
the grourd at lowest wholesale prices.
The tlm6 for laying the cornerstone has
not been fixed, but will be soon. The
entire cost is represented to be over
$100,000.
Among the fine modern homes projected
for the East Side is the residence to be
erected by H. L. Chapln in Holladay ad
dition. Architect Wrenn Is preparing
the plans. The cost will be $15,000.
Floors will be hard-finish, it will be
heated by steam, arid there will be two
stories and an attic. Foundations will be
of concrete and stone for which bids were
received during the past week.
One of the attractive residences being
erected on the East Side Is that of C. B.
Moores on East Fifteenth and Wasco
streets, to cost $12,000. It Is well along
toward completion and will be occupied
this Fall. Mr. Moores formerly lived in
Salem.
Robert L. Stevens, who owns the quar
ter block at Union avenue and East Madi
son street, touching the Sargent Hotel,
contemplates the erection of a two-story
brick with full basement. There had
been an option on the quarter, but in case
the sale is not made Mr. Stevens an
nounces that he will put up the building,
which will be occupied by a transfer company.
SYNDICATE INTENDS TO BUILD
Owners of Lot, Fourth, Fifth and
Ankeny Discuss Plans.
Negotiations are under way by the
syndicate owning the irregularly-shaped
lot at Fourth, Fifth and Ankeny for the
erection of a modern building on the
f nst Whata Woman Wants
Tint Yonr Kooms 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 Wall Tinting Co.
Telephone, Woodlawn 2158.
site. Nothing definite has been decided
upon, but those interested say the build
ing project is under consideration.
The lot is that upon which the Dexter
stables stood, which was destroyed by fire
Tuesday night. The lot adjoins the Marshall-Wells
building and is opposite the
property owned by the Pacific Paper
Company, across Ankeny street, which
is to be the site of their new warehouse,
to be built as soon as plans are com
pleted. The members of the syndicate that own
the burned-over lot are: E. Ames, Ernest
House, H. S. Reed. I. G. Davidson, J. C.
Beck. J. M. Lelter and J. Foxton. The
lot is 125 feet on Fourth, 200 feet adjoin
ing Marshall-Wells Company, 70 feet on
Fifth and irregular line on Ankeny.
PORTIyAXT REALTY COMPARED
Local Agent Visits Sound Cities and
Returns Satisfied.
W. H. Mall, who has Just returned from
an extended trip through the Pacific
DAVIS & DRENNEN
406-408 East Burnside Street.
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. DRENNEN
PACIFIC IRON WORKS
O. E. Heintz, Kanager. 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 Channel..
V2xV2 to 8x8-Inch Angles
East End Bnrnside-Street Bridge.
Northwest, brings home a better Impres
sion of Portland property than when he
went away. He visited Spokane. Ta
coma, Seattle and other cities, and
wherever he went studied real estate
conditions.
Mr. Mall says that at Tacoma he found
lots that sell in the suburbs bring from
$500 to $1200, where lots the same relative
distance from business centers are sell
ing in. Portland for $250 to $600, nearly
one-half less than asked for similar
realty in Tacoma. He concludes that
Portland property Is the safest Invest
ment, because of steady growth in all
directions.
Grange Builds Sew Hall.
Pleasant Valley Grange has erected a
new and commodious hall. 54x64 feet.
The lodgeroom is 28x40 feet with stage and
anteroom, and there Is a kitchen and dining-room
26x40 feet. All the rooms are
on the ground floor. The property is
valued at $2000. Pleasant Valley Grange
has become one of the 'strongest in Mult
nomah County.
Portland, Oregon.
M. J. WALSH CO.
Salesrooms, 311 Stark Street.
Designers and Makers of Fine
Lighting Fixtures
Catalogues containing the latest exclusive de
signs sent free to builders on request. A full
line of electrical and gas supplies always on
hand. Electrical and gas work of all kinds
promptly attended to. King up on either phone.