The Sunday Oregonian. (Portland, Ore.) 1881-current, November 29, 1908, SECTION THREE, Page 8, Image 32

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    HEALTHY TOE IfJ
REALTY MARKET
Transfers Figure Up Well Over
the Totals of Recent v
Weeks.
BIG GAINS IN BUILDINGS
November Permit Show Advance of
Over 300 Per Cent Over Fig
ures for Corresponding
Month of 190".
BT JOHM J. HARBISON.
Devoid of any particular sensational
deal, the pant week was nevertheless
one that made a frood record In the
realty business. The total of trans
fers for the week attain footed some
what over that of recent comparative
periods, and established the fact that
the business of buying: and selling real
estate In and near Portland has as
sumed a steady and unaoubtedly stable
position.
Kast Side realty acems to present
the most attractive Investments at
present. thoiiKh streets south of Morri
son street on the West fide are being
resarded with renewed Interest by in
vestors Yamhill. Taylor. Salmon, in
fact, several blocks in that direction.
JncludinK. of course, the numbered
streets running east and weRt.
The difference in values between the
north and south streets and the num
bered streets is largely chimerical,
especially from about Tenth street to
the river on the West Side, and from
Orand avenue to the river on the Kast
t-lde. Bridge streets on the Kast Side
have some advantage In valuations,
but on this side cf the river the differ
ence is not so pronounced. For in
stance. Washington street is not a
brldjre street, but valuations on that
thoroughfare are much higher than on
any other street leadUiir from the
river.
Thjs Is readllr accounted for by rea
son of the established prominence of
WashlnKton street as the main busi
ness street of the city. It Is the Broad
war of New York, the State street of
"hlcaro. or the Jl.trket street of San
Kranclftco as applied to Portland.
When once a street becomes recom
piled In this way. It remains so al
ways. Vldor Street Jieslrablc.
We of this day and feneration re
aret that the original plat of Portland
did not provide for wider streets and
. larfrer blocks. Intersected by alley
ways: but the thin Is done past rem
edy, so that we must make the best of
It Boston U done for nearly Io
jears. Values of Washington street
frontage doubtless will be at the high
est mark in the future .lust a they
have been In the past. This does not
mean that Stark. ak. Pine. etc.. on
the north, and Alder. Morrison. Yam
bill, etc.. on the south, are to fco back
ward In Increasing valuations, for
there Is every Indication that the dis
trict bounded by the river on the east,
the hills on the west, the river on the
north, and way tip there" on the
south. In the years to come will be sol
idly devoted to business. When that
day comes, resident of the city will
have their homes on the Kast Side and
on the Heights.
Owinir to a considerable movement
along Kast Stark street, talk has airaln
become current that the Mount Hood
Railroad people are about to make
some definite announcement concern
Inn the plans for starting up opera
tions again, miring the week a full
block was sold by the Jjtdd estate
with a frontage on Kast Stark, to a
buyer supposed to represent railroad
Interests, and the same estate sold a
quarter block on the southwest cor
ner of Kast Stark and Kast First
street to Edwin Caswell for $11.50".
without street improvement. The Im
provement will put the probable cost
to about $14.00. Mr. Caswell is said
to have bousht the property as an In
vestment. Rumors hsve been current for
some weeks that the Thompson heirs
Intend soon to begin extensive build
ing operations. J. N. Teal said on the
subject a day or two ago that while
nothing definite hail been decided upon
by those In Interest, tho advisability
of Improving the various holdings is
always up for consideration, and that
when sufficient Inducement shall be
made, the heirs of the estate will be
ready to meet it and build to suit
tenant-
Ruildlng Gains SOO Per Cent.
November building permits reached
$319.C50 yesterday, a high mark for
the month. Compared with November.
1907, there is a gain of over SUn per
cent, but as is well remembered, there
was a .month of depression in the
building operations of Portland as
well as elsewhere, so that the per
centage is not a fair gain to boast of.
There is nevertheless a marked in
crease In buildings compared with the
past three or four years, and from
present indications the Winter of 1908
will show a greater number of largo
buildings constructed or started than
in any previous year In the history
of Portland. For the month to date
there have been "79 permits Issued,
carrying valuations of $!M9.'.!S: for
the week Just ended there were 63,
with JSfiP.410 In valuations.
The tone of the market continues
to be most satisfactory to the trade,
snu not a singrle complaint Is made
among- dealers. The small stuff han
dled, when totalled up. makes a hand
some amount of business. Only deal
ers that handle strictly Inside prop
erties report dull times, and even they
say the market looks good. Holders
are backward In letting go of the sort
of thing buyers are after good income-hearing
propositions. This class
of realtv In Portland Is so strongly
bel.l t!iat It Is practically out of the
market, and Investors are beginning
t- realise that unimproved property
Is the kind that must be taken from
now on. or at least until buyers are
willing to advance offers materially.
This di es pot mean that bargains are
hard to find In Portland realtv. for
there are as many ss ever outside the
lnoome else referred to.
BANKERS MUST SERVE TIME
Pennsylvania financiers Are Fonnd
Guilty.
riTTSBl'R. Nov. . A v.rdirt of
guilty as Indicted was returned by the
jury in the I nited States Court today In
the case of C. E. Mullji, cashier, and R.
K. Hifsen. president of the defunct
Farmer & Merchants Pank of Mount
l leasant. Pa., and fcl P. Stelnman. for
tn. r president of the Acme Lumber Com
j'.vny. Tne Indictment charged Cashier Multtn
w'th misapplying funds of the bank, and
Hissem and Steinman with aiding and
abetting Mm. The shortage. It is alleged,
amounted to $1'.'""-
TTtere are 19 counts in the Indictment,
and on each count the three defendants
are liahle to from five to ten years in the
jw mtent.sry. A motion for a new trial
Kill be made.
FINE HOUSES NEAR COMPLETION
.!(.. .
. " .. :
- S
1 " r ' "" M.. ,i-r.,il ininiT -
X .13. MENETE IC IjAUGEL
w i ;
GREAT STRIDES IS BIHLDISC
MI CH COXSTKCCTIOX AYORK IS
NOW VXDER 1VAT.
Ilev iew Shows Progress on 2 1 Struc
tures Thnt Will Add to City's
Iiti!.inos Facilities.
Progress on new business buildings un
der course of construction show the fol
lowing a the condition to date:
Meier & Frank Company Fourth tier
up. or two stories above ground, of steel
Interior.
Bluinauer-Frauk Prug Ompany Three
stories concrete walls in place, awaiting
setting of constructive material.
Kosenblatt Hotel Four stories up; work
on fifth started.
Pacific Paper Company Roof going on;
work on interior to start at once.
Lombard Basement and first story com
pleted. A. C. Crawford First story up; work
started on next story.
C. K. Henry Basement walls and pier
bases In.
Lewis Estate Kxcavatlon completed.
Omlhus Transfer Company Joists set
for first story: basement floor being laid
with reinforced concrete.
W. F. Fuller & Co. Concrete and ce
ment matte and side basement walls in
place.
Irwin-Kodson Company First story
about finished.
Portland Public Market Cold Storage
Company Kxcavatlon under way.
Young5 Men's Christian Association
Work on fourth story.
Wemtne Garage Interior work being
finished.
Sinclair racking Company Nearlns
completion.
Armour Storage Warehouse Nearlng
completion.
Crane Building Nearlng completion.
Imperial Annex Steel forms for first
story being placed in position.
Orendorff A Parlln Nearing completion.
Wallace &. Ievlin Concrete work
ta.-ted.
Barr Hotel Excavetlon under way on
addition.
Your.g Women's Christian Association
Re arty for occupancy.
Oregon Hotel Annex-First three atorles
occupied. ,
Studebaker Building W ork progressing
on baement story. .
This list does not include churches,
apartment-houses, ledpfs. school houses
or halls, a large number of which are
started cr are naring completion.
Completing SIHwaukle Sawmill.
The Hawlejr sawmill at MUwaukie la
xYDixaJarrsgg. it .elm,
- ji- - . fA
i.i is r-...-.-5 --' -I
tii - 5?4 tui - : f f.
T1
J 4
j.iULIP BUEHNJCB 276 PRETTYriAN AVE
being completed and will be soon put Into
operation. It will be used to cut up logs
for use In the paper mills at Oregon City.
Logs will be brought to the mill at Mil
waukie on trains run over the electrio
tracks, where they will be cut up Into
blocks and shipped to the pulp mllls
Ahout 15 men will be employed in and
about the mills.
SALES OF KEXIIWORTH REALTY
Advance of 25 Per Cent Made In
Price of Lots.
T. H. Compton reports the sale of three
lota on Gladstone avenue. In Kenilworth,
at the rate of $600 per lot. including the
cost of improvement on the street. The
price raid was about 25 per cent in ad
vance of the price of lota In Kenilworth
brought before the Improvement of Glad
stone and Francis avenues. The rates of
Increase In the price of lots and other
property In this suburb have been about
the same per cent. When first proposed
the improvement of these two streets
was opposed and the work held up
for a year, but both now have
been completed and accepted. Several
other streets are to be Improved the com
ing year. A nrehouso and engine have
been asked for and the request approved
by Chief Campbell, and the measure prob
ably will" be granted so they can be erect
ed some time next year. It is proposed
to erect the eradne-house on high ground
so the engine can afford protection for a
large district. Next year streets will be
extended northwaVd across the Powell
Valley road so that an engine located on
the highest point in Kenilworth can reach
the growing district to the north, includ
ing Waverlelgh, Richmond and .Waverly
tracts.
The suburb of Kenilworth made greater
progress last year than for ten years be
fore, all through the Initiative of the Ken
ilworth Push Club.
Building Association Formed.
The Portland Building Association,
composed of several well-known build
ing firms, has been organized, and
will make a business of erection of
buildings. The first structure will be
put up on the corner of Ainsworth and
Mallory avenues, and will be a two
storv dwelling. The first story will
be built of Phoenix and St. Helens
stone, and the second story will be
of frame construction. A. FT. Faber
Is the architect for the association.
Police to Read Palms.
SAN FRANCISCO. Nov. 28. The fln
per print system of identification has
been installed by the local police de
partment to aid in the determination
of the identity of suspects. A full rec
ord of the palm and finger-end prints
of all prisoners will be kept in future
i fhn sonnrstu necessnrv to a elosa
study of these prints has been secured.
OLD MUST MAKEW AY
Antiquated Buildings Will Be
Replaced by New.
TRANSFORMATION WOW ON
Operations Continue to Go on With
Unabated Vigor In Portland and
Increase Is Looked for
When Spring Comes.
Two frame buildings occupying the
southeast corner of Washington and
Thirteenth streets are offered for sale,
according to placard on the premises
It is reported that the owner of the
ground, Martin Winch, has commis
sioned Architect W. I. Morgan to pre
pare plans for a two-story brick build
ing for the site. The lower story is to
be made into storerooms and the upper
for a rooming-house.
One of the most Important leases an
nounced last week was that of the Com
mercial building at Second and Wash
ington, formerly occupied by the Title
Guarantee & Trust Company. The Port
land Railway, Light & Power Company
Is negotiating for a lease for a long term
of years of the main room and private
offices on the upper floors. m
Fifteen new houses have been erected
r ti. Atll.tnn in tViA lanf few
months, ranging In price from 2700 to
JS0W.
Plans are being drawn for the Bollam
Investment Company for Its proposed
building at the southwest corner of
Fourth and Everett streets. The build
ing la Intended for occupancy by Chlnese.
Emil Schacht la the architect.
Building Inspector Dobson, backed up
by Fire Chief Campbell and. the" Mayor.
4,4 ecrVit niralnst hnvlnCT brick Wall
thieknesa outside fire limlta reduced to
eight inches. Mr. Dobson stnenguienea
vta Mntntinn ri to daneer to life with
letters from authorities In a number otj
cities.
The Veteran Land Company is planning
to erect six residence buildings at Gold
endale. Wash., aa a speculation.
r . linn.. rt VftHWlllVPr Wash..
announces that a new theater Is soon to
be erected in the garrison city.
County Commissioners have under con
sideration the erection of a 300-foot span
bridge at Troutdale over Sandy River.
Tho bridge is now estimated to cost
30,000.
Alterations have been made in the
original plans , for the Carnegie library
at The Dalles to conform with the
amount of available funds.
Among building permits tessued the
past week are tho following. For two
story frame dwelling on East Twenty
ninth street, betwwn Broadway and
Schuyler. H. H. Hawley. 3500; two
story frame dwelling, Barr road, between
Forty-eecond and Forty-thh-d. .1. K. Gib
son. 00: A. H. Hickman, 782 Multno
mah. 1-story concrete building, $.1750;
two-story frame dwelling. Fifty-sixth,
between Burnolde and Ankeny, S. M.
Vemard, MOOO; Meier & Frank Company,
corner Sixth and Aller, 45O.O0O; two
storv frame residence. Twenty-fourth,
between Qulmby and Pettygrove. R
Lutke, J5O0O: two-story brick veneer
apartroent-honse, Tenth, between Hani
son and Hall. I. A. Peters. 20.0Q0.
Spokane Intends to have a separate
building of its own at the Alaska-Yukon
Pacific Exposition. Plans are being
drawn for the proposed structure.
The W. P. Fuller & Co. building, at
Twelfth and Davis streets. Is to be of
five stories on Twelfth street and four
on Thirteenth. Foundations are In place
for the structure, which Is to occupy the
entire block. D. C. Lewis Is the archi
tect. Graders are at work to the west of
the Spokane, Portland & Seattle Rail
road passenger and freight depots, on
Hoyt street. This district is rapidly as
suming a first-class appearance and the
leveling of the terminal grounds for the
new railroad adds much to this Improve
ment. Architects Clausen & Clausen have
i - Jt ... o a fnr construction of
unaiucu
the building for S. Natuscher to be erect
ed on Couch street, between joirsi mu
8econd. The building Is to be used for
stores and rooming-house. It will oc
cupy ground 60x100 feet
w .r rr whn Intends to recon-
J. in. Aniin.. .... . -
struct and enlarge the Barr Hotel, de
stroyed by fire some montns ago, an
nounces that work on the new building
has been stopped until Spring, as ho pre
fers to have the building put up In good
TT-rcavatlon has been partly
finished on the lot to the south of the
old hotel. Plans for the new building
have been prepared and accepted by Mr.
Toomey.
Portland Is aptly called the Philadel
phia, of the Pacific Each of these cities
is about 100 miles from the sea, each is
noted as a city of homes, each Is the
second city" In point of size on the re
spective coasts, each Is Important in
manufacturing, both are making rapid
progress In building operations.
BTTIXD NEW HALL AT BROOKLYN
Building to Be Erected to Provide
Pnbllo Meeting Place.
The Brooklyn Hall Association, an ad
junct of the Brooklyn Improvement Club,
has decided to go on with the erection of
a two-story frame building on Powell and
East Thirteenth streets. A year ago the
association purchased a lot at this place
a i . -v- i. i- trained at H20O.
wi i vnj. uiu uic mi
At a recent meeting of the association the
c i rectors were autnonsea w v.-" -the
erection of the building. Over
was subscribed In stock which, accoroing
to the report of Treasurer A. L. Keen an.
makes a total-of $3000 of the stock taken.
Several members of the Hall Association
v. . . DI4iHnn9i to what they
had already taken and other members
doubled their subscriptions.
The building it Is proposed to erect will
be a two-story frame 100x50 and will cost
,.,. tin em t. R T)aue has prepared
tentative 'plans for the structure, which
will probably be adopted. This building
i . . . .. V. nf n is need of a OUbllC
IB iuo wui.swwn, v. -
hall and a permanent home for the BrooK-
... . . ninh
lvn Republican ana imiuui
one of the oldest and most effective Push
light Is president and it has a large mem
,ci,fn Tn hnilHlnfir will be owned and
controlled by members of the club.
PLAXS SEW HOUSE OX CREST
C. I. Linde Designs Appropriate
Building for Hillside Site,
The sunny slopes of Council Crest af
ford opportunities for home-building of
which many are taking advantage.
It has a large area of Improved land,
with vistas of the Willamette Valley and
Tualatin Plains, and upon which fine
dwellings may be erected without being
incongruous to the surroundings.
Among the homes to be built and to be
occupied by the owner, will be the resi
dence of Mrs. Carl L. Linde.
It will be a frame building with a rough
cast plaster exterior finish; a cement
concrete foundation, mission tiles" for the
roof; costing in the neighborhood of
J5000 and will have much Individual arch
itectural beauty.
The surroundings are thoroughly tn
keeping with the style of architecture
and with its excellent location will stand
as a desirable residence.
Its general dimensions are S6x26. The
building was designed by C. L. Linde,
who Intends to put the drawing on ex
hibition at the next architect's. show.
WILL TESTIFY FOR 30 DAYS
Standard Oil Magnates to Go on
Witness Stand.
NEW YORK, Nov. 28. "While there has
been considerable gossip recently con
cerning the probability of John D. Rocke
feller and John D. Archbold seeking im
munity from any possible future criminal
prosecution on the plea that their testi
mony given in the Government's disso
lution suit entitles them to such, counsel
for the company lay absolutely no stress
on such a move. They said yesterday
that no Importance whatever was at
tached to the immunity question, inas
much as in their opinion the possibility, of
criminal action against Mr. Rockefeller
and Mr. Archbold was too remote to be
taken seriously. The Standard, tt Is said,
will occupy almost every day in Decem
ber in the presentation of testimony. This
would seem to indicate that after Mr.
Archbold concludes his testimony and
William Rockefeller and James Moffet
have been called, experts will be put on
the stand by the defendant company in
an attempt to offsot the Government's
contention that pipe lines are in effect
common carriers. Witnesses from Cali
fornia will also be summoned to tell of
the company's operations in that state.
The hearing goes on again Monday after
Wednesday's adjournment.
Frank B. Kellogg, special prosecutor
for the Government, Is still raking the
country for the court records which dis
appeared so -strangely at Cleveland, O.
Copies of records used by Ida Tarbell
in the preparation of her article on
Standard Oil are in Mr. Kellogg's pos
session, but this data, it is said, is incom
plete. WILL NOT HANG MURDERER
Chicago Judge Inflicts Long Prison
Sentence.
CHICAGO. Nov. 28. While not men
tioning the so-called "unwritten law,"
Judge Mc3urley drew a distinction be
tween what he terms "domestic crime'
and an "anti-social crime" yesterday in
sentencing Santo Porcaro to 25 years in
the penitentiary. The defendant shot
and killed his wife and severely wounded
Frank di Trento, who boarded at their
house, July 22.
Porcaro accused Dl Trento of aliena
ting his wife's affections. In deciding
the case. Judge McSurley said:
"This defendant has pleaded guilty to
having murdered his wife as charged In
the indictment. It rests with the court
to determine his punishment- The case
more properly comes under the classifica
tion of a domestic crime as distinguished
from a crime distinctly anti-social.
"The man, having bo criminal instincts
at all, may be driven to the commission
of a crime where the sanctity of his
home is Invaded. This seems to be a
primary instinct and Is confined to no
one class in society. Taking all these
facts into consideration, the court will
not Impose the death penalty in this
case, but will sentence the defendant to
the penitentiary for 25 years."
Electrocuted for Wife MaTder.
AUBURN, N. T., Nov. 28. William
Robert Brasch, the Rochester wife mur
derer. In whose case Governor Hughes
refused to interfere, was electrocuted in
Auburn prison today. The crime for
which Brasch was executed was the mur
der of his wife. Roxanna, whom he
pushed Into the Erie Canal at Rochester
on the night of June 16, 1905. He killed
her that he might marry May Gilmore.
of Defiance, O.
NEHALEM BAY
LAND COMPANY
Room 3, Chamber of Commerce
DON'T rORGET you have
only 17 days in which to secure
a lot in
NecarneyCity for $75
'TIS OF THE HOME
WE SPEAK
It should he well lighted and heated.
We have the latest improved designs
in lighting fixtures, mantels, . grates,
dogirons and andirons. You should
investigate our line and prices hefore
buying.
M. J. WALSH CO.
Electric and Gas Work in All Its
Branches Promptly Attended to.
King Either Phone.
311 Stark, Between Fifth and Sixth.
Open Saturday Evenings.
Way back in May, 1887, there was an agreement
drawn up by the owners of IRVINGTON, as it was
then platted, and the owner of that portion of IR
VINGTON that is now designated and described as
PROSPECT PARK, which agreement is on record,
and is, in part, as follows:
"That, whereas the said parties are now the owners of that part
of the Wm. Irving Donation Land Claim lying East of the town of
Alhina, and not heretofore laid off into lots and blocks, and it is
deemed for the joint benefit of all parties that the same should be
laid off uniformly . . . that the said first party (owning what
is now called PROSPECT PARK) not being desirous at this time of
laying off or dedicating that part, desires to secure the laying of the
part of the same owned by the other parties on such a plan as may
be in conformity with the plan on which the owner of the first part
uj : wt !iii!!!!t
Jfote OB the above pint fhat the diagonally rnled portion Is IRVrVG
TO". the cross rufed part being that part of IrviDUton called PROSPECT
PAMf. Observe that PROSPECT PARK i just one block east of the
Uniom-avenae carlines.
desires when the same shall be laid off and dedicated as a Townsite.
... I, said Elizabeth Irving, have and do hereby covenant and
agree with (parties of the second part) that when the tract of land
so now owned by me (which is the tract now designated as PROS
PECT PARK) shall be laid off into lots and blocks, that it shall
be laid off in accordance with the plat hereof herewith filed, and
not otherwise, as a part and parcel of said general plat of 'IRVING
TON,' and with numbering of Blocks and names of Streets as shown
in the accompanying plat."
This agreement between the owners of the entire
tract of IRVINGTON, definitely determines that the
portion of IRVINGTON that was later platted and
is now named PROSPECT PARK was included in
the original platting of IRVINGTON.
The name PROSPECT PARK was given to thia
part of IRVINGTON by its owners for the express
purpose of distinguishing it from the rest of IR
VINGTON in advertising their property for sale,
the owners wished to throw all of their energy upon
this particular part of IRVINGTON, hence the name
PROSPECT PARK.
PROSPECT PARK is the choicest part of IR
VINGTON. the highest part of IRVINGTON PROSPECT
'PARK a hundred and ninety feet above First and
Washington Streets.
has improvements already installed that have
cost $250,000 a uniform plan of improvements car
ried out over the entire addition, PROSPECT PARK
has the finest system of drainage, sidewalk and street
improvements in the Northwest.
a ten-minute car ride from Second or Fifth and
Washington streets on the Woodlawn or Alberta
cars, getting off at Knott street, walk one block east.
-the booklet, "Prospect Park in the Making,"
gives a most minute description with illustrations of
the character of improvements in PROSPECT
PARK, and should be in the hands of every person
interested in high-class residence property.
at our office these booklets may be had as well as
any other information that may be desired concern
ing PROSPECT PARK.
Price $1000 and Up, Favorable Terras
ROUNTREE
DIAMOND
241 STARK STREET
Eastside
Office,
Corner of East
Seventh and
Knott Sts.