The Sunday Oregonian. (Portland, Ore.) 1881-current, August 23, 1908, SECTION THREE, Image 32

The Sunday Oregonian., August 23, 1908, SECTION THREE, Page 8, Image 32

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Newspaper Page Text1903. HEAVY SALES OF Portland's Fine Residence Streets Are Now Being Substantially Improved REALTY RECORDED LARGE TRACT TO BE PL.VNTED 20 MILES FROM PORTLAND. in PORTLAND PERMITS LEAD Business District of City Extends Boundaries In Three Direction and Invade Former Fashion able Residence Quarter. Real estate transfers for the past week averaged approximately $100,000 a day, with about the usual number of deeds recorded showing: nominal amounts. This, average is double that of several preceding weeks, and Is an other evidence of the growing impor tance of the clty'a realty business. In business not yet recorded there are a number of transactions involving large amounts, which swell the week's total to about $800,000. Among the larger deeds' recorded were those "of ' part of the block at Seventeenth and Couch, bought by the school district, $41,000 part of the Love donation land claim. bought by E. Brong and others, liZ,i& seven acres of the Ladd farm, bought by Mrs. Mann, $21,972; eight acres Sul livan's gulch, by B. P. John. $25,000; 100x125, of block 67. by A. O. Towne, $62,500; lot in block. T, Couch addition, by Sol Rosenfeld. $20,000. and part of . . . . w T Xfn-fia $22,500. In the records of building permits there were over the usual number is sued, arid several were for large amounts. The first permit for the Meier & Frank building of $25,000; ex cavations and foundations for ware houses and other business structures; Christian Brothers' school and exca vation for the Homeopathic Hospital were among the larger items. There were quite a number of high-priced residences also figuring In the week's record. Amazed Over July Figures. The July figures for Portland still attract comment throughout the coun try, Bradstreet's compilation last week of comparisons between Pacific Coast cities indicating that Portland and Los Angeles alone made gains over 1907. This city's increase was 36 per cent, and Los Angeles' 2.9. The Coast fig ures are as follows: Change frnm July, 11X7. Cltv July. los. Inc. Dec. June. 1908. Portland .-.$l.n3S.i0 L. Anseles. 1.3S2.200 Epok&ne . . 4S3.SS0 S Fran.... S.S39.02T 6attl 043.100 Tacoma ... 3ol.(Sl 36.0 $ S41.085 2.8 9.4 804. 2"3 2.531.211 20.033 268,658 14 8 40.0 47.4 Inquiry for irwide income property continues, but sales are not numerous. The reason for this has been referred to frequently and holds good little in side realty can be found where the owners wish to sell. Even when offers are made at considerable advance over ruling valuations of the last two or three years, holders of improved busi ness sites are not Interested, declaring when approached that besides receiving . a good rate on their investment, they know of no place where accruement is more certain. The natural result is that buyers look to localities near the boundaries of the former busines districts, and. are showing their confi dence in future extension of these dis tricts toy picking up good building sites both to me north and south of Washington street. .. ; . Several realty firms report having commissions for central sites, suitable . for business houses of various descrip tions, and also report that long leases are to be effected for buildings to be erected or now under way, which will cause favorable comment in business circle. .Two large firms have already secured buildings just started, in which to est Jlish new enterprises in Port land, and one of the principal houses now located near the river Intends to move up town, and is on. the market to lease special quarters to be erected for its use. . Grows to Westward. Considerable Interest Is taken in Up per Alder and Upper Yamhill streets by investors. Aider street being but one block removed from Washington, and free of car tracks, is rapidly extending its business blocks, westward, and while the street has altered Its ap pearance to a remarkable extent in the last few years, the Indications are unmistakable that the etreet is des tined . to become a business street straight through to Chapman. ' Meantime preparations are going , forward for the extension of the whole sale and retail district northward. Quite a number of new buildings are started north on Fourth, Fifth and Sixth, and in the depot district at least half a dozen buildings will start In the next few weeks. Several good sites remain along the streets leading north from Stark, and from what Is said by realty men, these are being negotiated. There Is one class of buildings that would appear to have reached the limit of present requirements, reference be ing made to flats and apartments of a cheaper character. Renting agencies report less inquiry for this class of homes during the past few weeks, and while demand will again become brisk In the next month or so, it is believed the number of flats Is sufficient to house those unable to get separate houses for some time to come. Agen cies advise the building of more sepa rate dwellings for renting purposes, for nearly every applicant asks for houses rather than rooms. Busy Downtown Scenes Satisfactory progress is made on the larger buildings under course of erec tion, and there appears tobe no lack of workmen In the different building trades. The Oregon Hotel annex Is re ceiving an outside coat of cement, and work, has started on interior finishing; the roof Is about finished on the Fen ton building. Seventh and Ankeny; walls of the Rosenblatt-Hotel at Tenth and Alder have reached the second story; concrete work on the Y. M. C A. is going in, and the ground floor assumes shape, while interior work on the Y. W. C. A., adjoining, is rapidly being completed; excavation for the Lombard building at Fifth and Stark, the Pacific Paper Company at Fourth and Ankeny, the Henry building at Fourth and Oak, and the Meier & Frank Company at Sixth and Alder, all progress, presenting bnsy scenes in the downtown sections of the city. Average of $100,000 Daily Considerations Reported to County Clerk. -;r rr ,7 lr-w - ' " -T -j - " ' ' ? . v, - " '. " fta , I fUAr cwv 5 --- -xcv ----- , yrrzr I , r'WrV . ; ''--v" - 'uO ?vc" --J PLAN THREE-MILE STREET . . :m SOUTH PORTLAXDERS W ANT HARD SURFACE PATEMEXT.' Will Open Model Thoroughfare Be tween Center of City and Dis ' trict Beyond Gulch. A great, paved street, three miles Innar that Is the desire- of wideawake residents of South Portland, and from the contracts already ' let their wishes apparently will be fulfilled. This thoroughfare will be an artery to and from the business center of the city, and the addition named Southern Portland, lying some distance beyond the Marquam Gulch. It will also be of Incalculable benefit to Fulton. According to the property-owners most active in obtaining this perma nent Improvement, Its route will be south along Third to Grant, then down Grant to First, thence across the Mar quam Gulch bridge, a substantial steel structure, to Porter street and along Porter to Front, along Front street to Glbbs, and turning toward the river again until Corbett street Is reached. following that street soutnwara to Hamilton avenue. This affords ade quate connection with the White House road, one or the nnesi scenic driving roads In the Pacific Northwest. A portion of this route is aireaay im proved with hard-surface pavement. The Third-street pavement is being ex tended southward from Madison, its terminus for many years, for property owners on this street have begun to realize what such an improvement will do to the market value of their prop erty. The connecting link between Third street and the pavement already laid on First has been definitely pro vided for. while energetic residents along Glbbs. Porter and Corbett are demanding that their neighbors Join with them in securing its extension past their doors. The completion of this thoroughfare as outlined will give better access to the rapidly growing manufacturing dis trict along the river In Soutn -ortiana and Fulton, and would also give the drivers of light traps and carts a chance to reach the road to Fulton and Oswego. In spite of the pavements on Third and First at present me route over which the motor car1 or buggy must go to connect with the beauti ful river road is anything but easy going and horsemen and motorists alike will welcome the proposed improve ment. One ood paved highway to the Dig region south of Marquam Gulch will be sufficient for years to come, it is believed, on account of the hills com ing down so close to the river, perforce confining the growth of the district to extensions north ana soutn. ine nmnertv-owners who want it declare It will equal in value the Front and First- street bridges across Marquam uuicn, whose positive worth has repeatedly been proved, and that it will result. from the force of example, in me im provement of many cross streets where hard-suriac6 pavement ouum uc iu to advantage. acJtive ixqciry for houses Some Dropping Off In Renting of Flats for Time .Being. Renting of dwellings in Portland keeps up to records, both in the number taken and in revenue received by owners. Par rish. Watkins & Co.. a firm that engages extensively in the renting business, re ported yesterdwy that new dwellings are taken as rapidly as completed, and that significant, feature observed In their . r : ... V - '. . .- N 1 recent business is that from eight to ten daily applicants for houses are new comers to Portland. It was also observed that these new people have the appear ance of being of the better class, well dressed and prosperous looking. For some weeks past there has been a considerable drag in renting flats and apartments, though the firm expects more activity -in that line in the coming month, when people will be returning to the city from outings. In many instances re cently inquiry was made from callers for houses to buy, and this happens to a greater extent this year than ever be fore. An increase in renting always comes at this season of the year, and one way to account for it is that families come to the city to spend, the Winter so that chil dren may get the benefit of city schools. There appears to be, according to the agents, little difference in choice of loca tion; the main thing is to find suitable houses. The East Side shares equally with the West Side with newcomers, many in fact having no objection to cross ing the river. Old residents on the West Side are taking houses on the East Side In order to get away from the encroach ment of business In former residence lo calities. PIPELIN-E . IMPROVES VALUES Farmers Along Right of Way Ex pect Rich Returns. Construction of the second Bull Run pipeline between the Willamette River and Bull Run is looked forward to all along the route with satisfaction by farm ers. It Is expected the new pipeline will follow mainly the route of the present pipe line for which the city has rishts ,mliiliirni- j . ",J'A ": f- "1" " " . .v :.--i; if - v' )' , jf of way, and the road is already cleared. Farmers conclude that from the large sum expended In construction they will benefit greatly. The town of Gresham was started by a camp of men employed by the contractors of the first pipeline. There is already quite a boom throughout the county. Sale of the Studars tract of 53 acres et Greeham for $15,325 to B. Kelly, at the rate of $283 an acre, shows some thing of the value of land that is partly improved. The bidding for this land was spirited among local men. The present pipe line passed ddrectly through Gresh am. Large sums of money will be ex pended by the contractors along the line and farmers are sure to benefit. When this new line Is built, however, most of the material will be shipped out by elec tric railway, at least to Gresham, but food supplies from the country will be needed and farmers will be called on for them.- Between .Portland and the Sandy River land for a year or more has com manded a good price, whether improved or not. A reservoir that will have 100.000,000 gal lons capacity is included in the enlarge ment of the water plant. Several places are under consideration Mount Tabor, Mount Scott, Kelly Butte and Lookout Mountain. At present Mount Tabor seems to have the preference, and there is some negotiation between the Park Commission and the water committee to jointly- se cure a large tract on the top of Mount Tabor for this reservoir and also for a public park. A reservoir with 100,000.000 gallons capacity will require probably ten acres and would' have to be construct ed on the highest point. Residents in the southeast section the Mount Scott dis trictare hopeful that the reservoir will be built on Mount Scott; but when the se lection is finally made and work started on this second pipeline, and the big res ervoir. It means employment for a large number of men for many months. Whether this water main be or sheet steal, wooden staves or concrete does not so much concern the many districts on the East Side which are now short of water. These districts are Sellwood, with its 6000 people dependent on a ten-inch main; Montavllla and Mount Scott dis trict knocking to come within the shelter of the city with 10,000 people or more. There is hardly a considerable suburb which is not now clamoring for water. IfEW-BRIDGE IX SAME PLACE United Clubs Indorse Present Loca tion at Madison Street. One of the, most important transactions of the week affecting the East Side was the decision of the United East Side Pnsh Clubs to insist that the new Madison bridge be rebuilt on the present location without asking for more money. Change of location, it was declared, would dis rupt business and property conditions, be sides that It would necessitate calling for another $500,000 In bonds to build at an other point. Another important matter was the pro ceeding for the extension of Belmont street to the end of the carline at Mount Tabor. Property at Mount Tabor has been held back for want of street facili ties. Opening and improvement of Bel mont street to the end of the line, it is believed, would make a marked difference at Mount Tabor and result in a general building movement. A water main will be laid on Belmont street to connect with the large pipeline on West avenue. A sewer already has been laid on this street. Belmont is an important street because it runs from Mount Tabor direct to the Willamette River. On the. Peninsula the civic clubs, unde the leadership of Francis I. McKenna, have undertaken to establish a general parking system along the boulevards. These streets are 80 and 100 feet wide, and Mr. McKenria's plan is to devote 20 fef.t on each side of the boulevards to parkways. These strips would be set In shrubbery and kept in good condition by the Park Commission. As there are many miles of these wide boulevards on the Peninsula, these parkways would Involve some expenditure, and yet Mr. McKenna declared that within ten years there will be 160,000 people on the Peninsula. "Va cant tracts are being bought up and plat ted with wide streets along Columbia boulevard, and already sales In these new additions are being made rapidly. The Peninsula is being cleared and homes are being built all the way to St. John. This parking scheme is geneVally indorsed. Road Costs $190,000 Mile. WALLACE. Idaho, Aug. 22. According to a statement issued today by G. P. Oneal, right-of-way agent for the Chi cago, Milwaukee & St. Paul Railroad, the cost of construction of that line between the villages of Taft and St. Joe In this neighborhood, a distance of about 60 miles, will not be less than $11,400,000, or at the rate of $190,000 a mile. This is re garded as the highest price ever paid by any railroad company In the world for construction of a similar section of line. v Between the two villages there will be no less than 35 tunnels ranging in length from 8000 feet downward. Stations on the line have been located at dis tances of six miles apart. PACIFIC IRON WORKS O. E. Heintz, Manager. Phone East 57, Home B J157. CASTINGS OF ALL KINDS, STEEL BUILDINGS AND BRIDGES IN STOCK 3 to 24-Inch Beams. 4 to 15-Inch Channels. 1V2X1V3 to 8x8-Inch Angles East End Buraside-Street Bridge. 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 B2151, East 591. H. T. DRENNEN The Company Will Plant 55 Peach Trees to the Acre Between the Walnut Trees. The growing of English walnuts in Oregon Is fast becoming one of tha large Industries. In the last five years It has been proven that walnuts grown in Oregon are far superior to those grown in any other part of the United States, or even those grown In foreign countries, in size, color and flavor. California has always had a great amount of trouble from the walnuts burning in the hot sun of their semi tropical climate, which causes an extra expense for bleaching, a fault that Is entirely obviated by our cool, damp nights. In the past three years there have been many acres of walnut orchards planted In Oregon, and many of them will undoubtedly prove failures, as they have been planted by those who have not had experience in walnut cul ture, and walnuts will not prove prof itable excepting In proper localities. Oregon is undoubtedly the best etat in the Union for raising diversified fruits, but one would not go to the cranberry marshes of the coast to raise apples, nor would they go to the high, dry hills to raise onions; and so it is with walnuts, the choice of location must be the fhst consideration. The walnut is a catkin-bearing tree, and the male flower, or stamlnate cat kin, appears from eight to 12 day earlier than the female blossoms or pistilVates; therefore, one must be very careful to avoid such locations as are subject to late Spring frosts, for if the male flower is frostbitten before the female blossom Is pollinated, the tres will be barren. Another Important item in the grow ing of walnuts Is the character of soil. Do not think that you can take an old, worn-out farm that will not raise or dinary farm products at a profit and raise walnuts, because you cannot. The walnut tree, with its great spread of roots, needs the richest kind of soil to become a -money-maker, and a few dol lars' difference in the first cost .of land is of little consequence, compared with the difference in the worth of a walnut orchard in a walnut country or one in a poor location. The Wajnut Plantation Co., with their offices at 508 Wells-Fargo build ing, have purchased several hundred acres of the very best walnut land In the state, and will put 200 acres on sale Monday, August 24, this being their first series. This land has been thoroughly tested as to depth and char acter of soil by one of the most expert walnut-growers in the state, who pro nounces it Al walnut land. This land has never been farmed, but has Just been denuded of a very heavy growth of fir, oak and other native trees that Ijave.for years enriched the land with the droppings of leaves and decayed vegetation, and as to the surety of a crop, on three sides of the Plantation walnut trees are growing and have been very heavy bearers for the past five years, without a failure, while the bottom lands in the valley below have but this year been caught with the late Spring frosts, and their crops of frulta are failures. This land is admirably adapted to the growing of peaches; therefore, this company has decided to plant IT wal nut trees and 55 peach trees to the acre, as the peach tree reaches the end of its productiveness when 10 or 12 years old, and the walnut will then need all the room for the immense spread of its branches. Now, here is an opportunity for the man working for salary who would like to own an orchard and has not had the good fortune to save enough money to buy one outright; neither has he the time to plant and care for one. The Walnut Plantation Co. will plant a 5 or 10-acre orchard for you, and will care for it for five years from date of planting, charging no interest on deferred payments, and paying all taxes, and will do all this for $100 down and $15 a month on a B-acre tract, or double that amount on a 10 acre tract. Remember, this land Is only 20 miles from Portland, and two and a half miles from railroad depot, and before the land is turned over to you the electric cars will be passing this property, making It as close to Portland as our present suburbs. Come in Monday, the 24th, and make your selection of a tract, as this first series will not last long, and the soon er you have your orchard planted the sooner it will give you an income. Murhard Estate Worth $9051. An Inventory and appraisement of the estate of the late G. T. Murhard was filed with the County Court yes terday afternoon. A "total valuation Is shown of $9051, of which $3500 is represented by real estate. The ap praisement was made by Ernst C. Bailey, S. Harkins, and J. B. Levy. Gee Rosenthal's window, snbe bargains. Builders' Information We have made a life-time study of the lighting and fixture business so are better Qualified to do this work for you than most firms. We find now a number of people very much disappointed on ac count of the lighting effect in their houses which was all caused by poor or little knowledge of the business. We are certain we can be of assistance to you in solving the lighting question. etore placing order see M. J. WALSH CO. Electric and Gas Work In All It Brunches Prompt ly Attended to. RlntC on Either Phone. 311 STARK. BET. FIFTH A.D SIXTH. Portland, Oregon.