The Sunday Oregonian., September 20, 1908, SECTION THREE, Page 8, Image 32

8
THE SUNDAY OREGOXIAX, PORTLAND. BiSlTEJrBER 2Q, lQg.
WINTER
BUILDING
WILL BE HEAVY
TYPES OF NEW BUILDINGS RECENTLY FINISHED IN PORTLAND
Several Large Structures and
Many Small Ones Are
Under Way. t
'ORMAL AUTUMN PERMITS
ftealtjr Dealers and Brokers Report
' Health r Tone in Market With
Continued Inquiry for Inside
Income-Bearing Investments.
From prent outlook then Trill ba no
Jack of work in Portland the coming
Winter In building trades. Ten or a dozen
buildings will be ready for interior fin
ishing before rainy weather sets in, and
If the weather Is no more severe than
that of recent years, outside construc
tion will proceed at nearly the same
rate it did during the Summer and Fall
months. Except for a few days here
and there through last Winter, building
operations were carried on as usual.
Euch buildings as the Board of Trade,
Rothchlld, Beck, Gerllnger, Cornelius,
Medical, Masonic Temple, Oregon Annex,
jN'ortonla, Gordon, Mason-Ehrman, and
almost numberless residences on the West
Side were either building or receiving
finishing touches straight through the
Winter months.
This record was exceeded in the matter
of residences, together with several busi
ness buildings, on the Kast Side, and this
activity gives promise of being exceeded
In the coming four or five months.
Rushing Excavation Work.
Scattered all over the city on both sides
of the river are to be found excavations
for buildings of various descriptions,
many of which are for buildings of the
first class in point of cost and size.
Some of the sites have foundation walls
in place, notably the Lombard building,
the Henry, Blumauer-Frank. Crane and
Devlin A Wallace. Walls are started on
the Rosenblatt Hotel. Y. M. C. A., Pacific
Paper Company and several others of
about the same character. Excavation Is
being made for the Meier & Frank, Wil
cox, and Fuller & Co. blocks. Those
named are but a portion of buildings in
process of construction, and are referred
to to indicate what is to be expected In
the way of operations between now and
Spring.
In the new warehouse dlstrlot in the
, northwest end of the city several large
buildings are under way, or will be start
t ed before many days. Desirable sites for
wholesale purposes In that part of the
city, along rail lines, are nearly all taken
1 by firms now putting up buildings or
, that Intend to build in the near future.
One of the latest to secure a site In that
' part of the city Is the Irwln-Hodson Com-
pany, and plans are now being prepared
i by W. C Knighton, the architect, for a
; three-story building to be erected for the
; firm.
May Reach Average in Permits.
i
, While the fact remains that erection of
i large buildings Is to proceed without ln
I terruption, there have been so far this
. month few permits Issued for these
buildings, though before the month is
. over preliminary work will be started
1 In the way of excavations and founda
tions for several, which will bring up
, the total to something like average
' proportions. In the week Just closed
there were 10S permits lasued carrying
: in estimated cost $126,207. Theis were
j for dwellings of moderate cost. In the
' greater majority of Instances, and as
! has been the rule for months past,
most of these were for houses on the
Kast Side.,
There continues to be extension of I Eastern Multnomah County, from the
manufacturing enterprises and some of I city limits to its farthest settlements, is
the older concerns are seeking sites I growing rapidly in population. In fact
in localities off the river. One large it is keeping pace with the city in pro
enterprise, the Portland Mill & Fix- portion to the number of inhabitants. As
ture Company, whose plant is now lo- far out the Base Line and Section Line
cated at 441 East Morrison, ha under roads, to the ten-mile posts, the whole
.......... . .4 . i ..i..-. countrv Is fast being cut up Into small
v . . u . u . . . u . u tat.v; yin i. I - , , .
nn n wnrr, tr Hnuvht ,Km (h, vaot I I THL IB Ul O, XV UU tiV o, ...wu
In proximity to the great show
grounds. There are townsites on all
sides of the grounds, and no wonder
will be excited If a brisk buying
movement closely follows the meeting
of this week.
EAST MULTNOMAH
Notable Increase in the Population
and Realty Purchases
EE tJ. GKEEtTE 1156 WZJiatvI XVE:
sgo by theproprietor Martin W Pare- are selling rapidly. Many new homes B. Leonard, C. E., of San Francisco, is to I German Empire requires to balance its
llus, in Sullivan's Gulch, near Doern- I nave been bullt and the Inhabitant are I deliver a lecture on "Fireproof Construe- budget - A leadinng Centre paper now
bech.r Manufacturing Company, plant. "fSf J Z""' h
The land bought by Mr. Pare II us con
lists of about three acres, for which
tion " ThA lecture la to be eiven under
A a-reat lmDetus was riven tnis move- i th (nln nenw if th Pnrtlund Arehi-
ment by work on the Mount Hood Rail- I tectural Club and Portland Realty Board
.. A 1 finHno nri thATH l ,nn K i (if T"- I . , . . . . . i 1 1
for ti: YX: work To. Jac obrger '.prudent of the
month. 115.000 was offered for the ha, been temporarily suspended. The Architectural Club and Henrv W. Fries.
people are hopeful, however, that the presldent or tha Reaity Board, will take
mail will inon be bullt and no one Is I ... , . . .... V;i. .i..
... i i . .... , . , . . . , . . , , an, umiiuu jui an auniiiuuii" ..u
" . . " . n9 discourased because au realize mai wieir around the city tomorrow and In the even-
xutun uuuuiuK, ovxiiu, lour aiuries, i investments are sale. 1 i i i . w- v.nn
!S JIZ0' "rXhT! King at the Nortonia. While lnPort1and
be monev Droaucer. in . few years. wUl be tne 01 iucnara
2ST DIZ ?.d "tandard VBrleUe" Airmcln.lon of the lecture Tuesday
As an Indication of the growth of that flf" the Architectural Club will give an
section It may be mentioned that the
Furmeri' TeleDhone Company, with the I
central offlce at Gresham, now has 46 BRISK BUILDING AT GRESHAM
circuits in operation ana more Duiiaing.
There are over 1600 miles of wire and
over 400 subscribers. The company has
been In operation only two years and
baa the finest end best equipped system
in the Northwest. It also has long-dist
ance connection witn an outsias points.
tlons in. Dry kiln and power-house are
to follow a. rapidly a. possible and the
whole plant finished early next year.
The plant will have 678 feet of sidings
of tha O. R. & N. road and when com
pleted will be one of the prominent
manufactories in the city.
Peninsula Shows Activity.
Work is progressing down the Pen
insula on the site of the Union Meat
Company's plant. Piling Is being
driven and fills made for the main
buildings, and operations are going
forward on the townslte adjoining the
packing plant. Agents for townslte
lots, not only in Kenton, but surround
log tracts, report satisfactory sales.
Coming on southward, the Peninsula
tracts are all meeting with good sale
and in some of the older localities
prices are advancing. On southeast
ward. In Rose City Park and surround
ing tracts, a gradual advance In prices
for lota is noted. On HVwthorns avenue
a strip known as Crystal Springs Park,
handled by Knapp 4b Mackey, a good
sale of lots 1. reported and at $700 a
lot the tract. It 1. believed, will soon
all be taken. Tha extension of street
work on Hawthorne avenue will reach
this district.
The tone of the local market Is re
ported by dealers and broker, as In
excellent condition. Continued Inquiry
Is made for Inside income-bearing
property, with the aame strong hold
ing that has marked the condition for
the past year. Several dealer, have
order, for thl. clas. of realty and
from reports there Is a larger total
of funds In tha hands of brokers wait
ing opportunity to Invest than ever be
fore. Small Tracts In Demand.
Movement In acreage is regarded by
dealers as unusually good. Small
tracts Ave to 25 acres pass owner
ship almost every day, lands lying in
a radius of say ten or a dozen mile,
of the city of course attracting greater
attention.
The opening of the Country Club
grounds this week by the Livestock As
sociation's exhibition Is certsln to have
a beneficial influence on realty in that
district of the city. Thousands of
residents of Portland and vicinity have
not seen this magnificent property
since It was acquired and improved by
the association. Nothing short of a
revelation will come to them when the
inspiring panorama first greets their
vision, and naturally prospective buy
Numbers of Residences and Busi
ness Houses Under Way.
The city of Gresham Is enjoylnr
building boom Just now. At least half
doEMi new modern onf t a f f am hainff
INVESTED I erected and several have Just been
finished.
Amonff the owners of new bulldlnra.
Outsider Has $150,000 With Which which will cost HOOO or more, are Dr.
Alfred Thompson, C. L. Crenshaw, Mrs.
EASTERN' CAPITAL
to Operate in Portland.
The northwest corner of Twenty-sixth
and Thurman streets has been sold by
Morris Kuehrier to an Eastern capitalist
for 212,000. The deal was handled by
Martin J. Higley. The name of the
L. T. Lusted. Frank Gibb. and Mr.
Rusher.
Carl Sholluck is putting up a grain
warehouse at the O. W. P. depot, 45x50
feet- The Real Estate Exchange Com
pany is putting up a warehouse 60x100
feet, and George Houston is building a
."" . r. 1 1. I iti. ana ueon
mirrnHHcr IB uul kiwu. vin. i.j . , . , . , , .
. , , . ' , ..rrtwiA -u i v, k. I two-story siore ouuaing, dux-luj ieei. j.
ic in.-. v....
. . 1 1 . T") . I Maltu
ji.a "''. ,. concrete building 50x100 feet on Main
,J f. ZJXXi JS with two .tore I street. In addition to these are the new
16ox.s0 and Is occupied with two store I k.-mi .v.iv. .n .v. . .0..
bulldlnes. three double houses and a " ' C'" 1 "1 ",
....... Th. l-mr, at the nurchase njr council nas just oruereu is
- 0 ... - I more arc llehta for th utrepta and
cen? FrX2i PT -
ferred to announces his intention to re-
oaic and Daint tne nouses.
! - I H TT-4.1 TA1A.J
ANOTHER SALE IX NORTH END Contractor. hav. been forced to susnend
work on the Rosenblatt Hotel for a few
... . c, , days on account or a San Francisco
Inside Lot on Sixth Street Brings flrm., fallura to prov1ae terra cotta
STnnr tif (inn I ordered to be delivered September 16. In
" 1 a letter received Friday the firm advised
C. R. DeBurgh, of the Portland Real I Mr. Rosenblatt that the terra cotta would
Estate Company, announces the sale of smppeu wiowr a, wnnoui iurxner
lot , block 38, at a consideration of about delay. Both the owner and contractor
$27 000. This lot Is on Sixth street, be- are much annoyed over the delay as
tween Everett and Flanders. For busl- they ars anxious to take advantage of
.... xtr TteRni-ph hu withheld I tne nne woauior 10 pun conairucuon.
the name of the purchaser for the I wiucn naa nuw hhcuct ntcima oiory.
present, but announced that It Is the in
tention to erect a modern Duiming on I TAV nil nrrn
the site. The figure is regarded by realty INCREASE TAX ON BEER
as a shade under values recently
German Financial Secretary Plans
to Meet New Demands,
BERLIN, Sept 19. (Special.) For
some time past there has been much
speculation as to the manner in which
established in that district of the city.
ENGINEER LEONARD TO SPEAK
Lecture on "Fireproof Construction"
at Commercial Club.
viaion. and naturally prospective buy- the New Financial Secretary will pro-
ers of suburban lots will be Interested j At the convention hall of the Commer- I pose to raise the additional annual I
in learning mora ot tha tracts lying ciuo on Tuesday at, OS P. M, John i 100.000.009 fU 5, 000,000 which the
states definitely that the money will
be obtained from the following sources:
Increase in the beer duty,' introduc
tion of a so-called banerol duty on
cigars, fundamental organization - on
the duty on spirits, a duty on gas and
electric light, extension o the death
duties to children and spouses, and a
wine duty.
If any of the flowers in this gor
geous bouquet shnould be refused by
the Reichstag, the Government has In
reserve proposals to tax newspapers'
advertisements and dividends. This
or any other scheme to raise an equal
amount of revenue means lively times
in the forthcoming Parliamentary session.
"" . . , , . , -
as v ' '-W' ! ' "
- v - ' WW-
if r" ir; I IN;, h - 'y? 11
if i-' - JL Iff L ' . i ' rr- -
Iff' ''" 'v,'"." fT l-io
GROWING I B f - - r - I II
POSTAL SAVINGS
BANK IS SUCCESS
Experiment in Philippines Has
-Demonstrated Weil Its
; , . Practicability.
NATIVES AMONG PATRONS
At First Slow to Take It TJp, Fili
pinos Now Comprise Considerable
Proportion of Depositors Over
2600 Accounts Are Opened.
OREGONIAN NEWS BUREAU, Wash
ington, . Sept.. 19. The only postal
savings bank system In operation
under the American .flag is that In
the Philippines, where, after two years
nt experiment. the institution has
ttaen declared a srreat success. In tne
renort of the PhllloDlne Commission,
Just published, the postal savings bank
Is discussed briefly. This is what is
aid about It: '
"The nostal savlntrs bank was iirsi
nitfntd In Manila on Uctober 1. lsuo.
The law provides for three classes, with
limitations as to tae amounts in cu
be received at any one time In each
class. Following the opening ot tne
Manila office, other postal saving,
bank offices were opened In various
cities of different classes, until at tne
close of the year 23d had been opened,
of which nine were first- 86 were sec
ond, and 140 were third class.
"At first the Filipinos did not to any
great extent avail themselves of the
opportunity of depositing a portion of
their receipts In the postal savings
bank, and the great bulk of the deposit
ors were Americans or other nationali
ties. As the advantage, of thl. sys
tem have been disseminated through
means of schools. Government bureaus.
private agencies and others, the propor
tion of Filipinos is continually increas
ing, and give, very good promise that
the Filipino, will learn to trust their
money to the care of the Government.
and welcome the opportunity.
"The accounts opened up to the close
of the fiscal year numbered 3676. of
which 347 were closed, leaving Z3Z
still open. The deposits reached the
total sum of 786,361.03 pesos an aver
age of 108.21 ' pesos. Withdrawals
reached the total amount of 280,499.21
Desos. leaving a net deposit of 509,463.31
peso, at tne end or tne iiscai year
or the tlrst nine montns ot tne opera
tion of the postal savings bank but
by no means the first nine months of
oneratlon of the average number oi or-
flces, the smaller ones having been
opened from time to time during the
year, so that many naa not oeen openea
more than a month or two at the time
these figures were taken. -
At the close of the Ilscal year oepos-
itors were as follows: American. 1616,
or 60.4 Der cent: Filipinos 944, or 35.8
ner cent: other, scattered between
Europeans. Asiatics and societies.
In the report of the bureau of posts
other methods of classification will be
found which will be of Interest. Of the
2329 accounts standing at the end of
the fiscal year, 50 are standing open
without balance, and 1155 will be found
to be of less than 50 pesos in amount;
722 of these are accounts of Filipinos.
Investments in Postal Savings. .
The device of Issuing postal savings
bank stamps has met with some response.
They were not put on sale until Febru
ary, of this year, and It Is believed they
will be greatly appreciated by people of
small means and school children. No
original deposits less than 1 peso are re
ceived, nor can a book be Issued for
less than that amount. The stamps are
simply a method by which small amounts
can be deposited without the expense of
issuing a book, figuring Interest, ana
open an account. Each postofflce at
which a postal savings bank has been
opened has for sale postal savings bank
stamps of the denominations of 5, 10
and 20 centabos, which can be sold and
accounted for as are ordinary postage
stamps. A child purchasing receives
card upon which to stick the stamps.
with spaces for enough . stamp, of the
denominations selected to fill out ' the
amount of one peso, and upon filling in
all the blank spaces of the card with
appropriate stamps, deposits the card.
which is received as cash by the post
master, and a postal savings bank book
is issued to the amount of the deposit,
and an account Is opened on the office i
with the owner of the book. An effort
Is being made to advertise the use of
these stamps through schools, hoping in
this way to .reach the people.
Tomorrow (Monday) positively the
last day for discount on East Side gas
bills. Don't fall to read Gas Tips.
Caution! Beware!
Be careful you don't get fooled when, buying your
electric wiring and electric and gas fixtures. Don't
purchase goods of questionable value because the
price Is a few cent, lower the difference in qual
ity probably outweighs the difference In price.
Deal at a reliable store.
M. J. WALSH CO.
Electric and Gas Work la All Its Breaches Prompt
ly Attended to. Ulna Either Phone.
311 STARK. BET. FIFTH AND SIXTH.
PACIFIC IRON WORKS
O. E. Eeintz. SCanager. 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.
V2xV2 to 8x8-Inch Angles
East End Burnade-Street Bridge,
Portland, Oregon,
DAVIS & DRENNEN
406-408 East Burnside Street.
Gets 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. DRENOT2N
$450 in cash for
Ten acres of
Magnificent
Fruit land in tne
liia Valley
Ten acres of fruit land in the Umpqua
Valley has produced, is producing and
will produce a net profit each year of
$5000. This is the case where trees have
come into bearing. That $5000 a year has
been cleared from fruit land in this fertile
valley is proven beyond a doubt.
Four hundred and fifty dollars in cash for
ten acres of this land seems almost out of
reason. Yet the fact remains that $450,
according to our plan, should pay for ten
acres, plant it in fruit trees and cultivate
them until they produce their first crop.
This is the plan : We offer you a ten-acre
tract of Umpqua Valley land at $150 per
acre, amounting to $1500. We sell you .
ten acres on a first payment of $150 and
monthly payments of $25, which amounts
to $450 the first year. .
By paying $450 cash, no further payments
would be due for a year. In the meantime,'
we will set out your trees this Fall at cost.
Next Spring we will plant potatoes, can
taloupes and other root plants between
the trees. The cost of seed and labor to
cultivate this crop is absolutely nothing
to you. We perform this part of the
agreement absolutely free of cost to you.
One-half of the profits of this inter-tree
development goes to you.
The history of the Umpqua Valley uar
' antees that one-half of the profits from
this land will net you $300, which will pay
your 12 monthly installments for the sec
ond year.
!A.t the end of the second and third years
we again divide the profits of the inter
tree development. Each year one-half of
the profits ought to pay the installments
of the succeeding year.
The first crop, of fruit the fourth year,
and each succeeding crop will take cara
of all future installments, pay a good
profit, and make the land worth ten
times its present price.
According to this plan and we have
taken as a basis for our calculations the
actual experiences of people who have,
operated and are still operating fruit
orchards in the famous Umpqua Valley,
you will pay $450 for a ten-acre tract in
full bearing. The land pays the. balance.
Umpqua Valley history guarantees every
word of our proposition to you. We do
not guarantee that it will produce what
we claim for it, but from observation of
what others have done in this Valley we
verily believe it will do even better than
we claim.
For further in
formation con
cerning this won
derful fruit val
ley and our plan
for giving you an
easy ownership
of ten acres of
splendid fruit
land, call or address
COUPON
W. C. HARDING LAND CO.
80 Fourth Street
Please mall full Information
about ROSEBURG HOME OR
CHARD TRACTS.
Name
Address
W. G. iAMMG
MM) GO.
80 FOURTH STREET
BOARD OF TRADE BUILDING, GROUND FLOOR
PORTLAND, OREGON