THE SUNDAY OREGOXIAX, PORTXAXD DECEMBER
13, 1908.
REALTY DEALERS
AGREE IF! OPINION
Big .Deals Said to Be Nearly
Closed Up, Probably Be
fore New Year's.
ASK FOR NEW POSTOFFICE
Senator Fulton Secures $2, 500, 0(H)
in Proposed Bill, Which Causes
Some Excitement Among Deal
ers and Brokers la City.
PT JOHX J. HARRISON.
There hu been no time in recent years
n-hen uch a unanimity of opinion was
held by realty men concerning" the con-
Portland people were just beginning to
realize what they hare here. H said
realty la bound to be the very beet In
vestment possible to And anywhere.
Good Progressive Bu'lding.
Good progress is bein made on the
various big buildings under way. and the
same la to be said of the smaller ones,
residences particularly, so that by Spring
there will be a great addition to the
number of completed structures In Port
land. Upon the opening of the new year
Indications point to an even greater
building movement than ha marked the
past six months. Among the notable
buildings to be started Is the one to oc
cupy the Pennoyer block. Announce
ment on the premises in the form of an
Immense billboard informs the public that
work is to be started next 8pring on the
building, and that It Is to be occupied by
Olds. Wortman A King. Now that this
big building seems to be an assured fact,
there is consldersble Inquiry for realty
In that vicinity, but the more deilrable
pieces In the immediate vicinity are
strongly held. The completion In a few
months of the Rosenblatt Hotel, facing
the site of the big store, will add value
to the locality.' Alder street Improve
ments are extending rapidly toward the
.. .nil thnt street is making
more marked advance than probably any
other centrally located thoroughfare.
Another , bit of activity, in the North
. i .. i. in .vM.nc Two auarter
blocks on Fifth street are reported trans
ferred, although particulars are not given
out at ' present. Prices are said to be
about on a par with sales maae in me
past ' few. months.
tm ...mmino- nn th tnn nf the market.
It might be likened to electrically sur-
RECORD MUG
Permits Now Exceed Total of
Last Year. -
ACTIVITY MOST MARKED
Official Figures Show Value of Xev?
Structures Projected to Be
in Excels or Ten
Million Dollars.
Building permits for the month to
date were J27 in number and I5SJ.170
In estimated cost: for the week ended
yesterday there were 71 permits Issued
amounting to a total estimate of $136,-
745. The total amount for the year to
sate is $10,031.24. or $584,264 In ex
cess of the total for the entire year of
1907. These figures, compiled from the
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HixDsosre hew residence: p rose.vthai. sistbrs, cm lovejoy stAeet.
Jltlon of the Portland market as exists
today. In every office one Is greeted with
smiles and words of confidence concern
ing the outlook, and no less than six
big deals for inside holdings are about
ready to close up and be announced.
Those not directly Interested In realty
deals may not understand why publicity
Is withheld when buyer and seller agree
tm price and terms, but it is a well-known
end well-established fact that with most
realty men a deal is not considered safe
to announce publicly until every precau
tion Is taken to have the transaction
stick.
Several things are liable to happen to
call the whole thing off before final
papers pass. The abstract may show a
clouded title: something may arise that
might prevent the prospective buyer from
coming through with his deposit or first
payment: a "piker." upon learning of the
deal, might come forward with a higher
offer and scare off the seller: in fact,
there are numbers of contingencies possi
ble, any of which would upset the deal.
Will Have New Postoffice.
Cms of the announcements last week
that will start speculation once more
among realty men Is that Senator Ful
ton has Introduced a bill in Congress
authorising the expenditure of J2.ty0.000
for the purchase of a site and construc
tion of a new Federal building in Port
land. A new postoffice Is regarded as Im
peratively necessary for the needs of this
city, and It is generally believed that the
present building is required, or one of
MmJlar slxe. for the ITnited States
courts and other Government uses. The
small ' blocks In Portland render it In
expedient to erect a new building large
enough to accommodate the postoffice
and furnish quarters for the other
ranches of the service. Another site,
therefore, must be secured, and while
rumors have nettled the choioe In the
neighborhood of the present building, so
far as is known no definite action has
been taken at Washington with refer
ence to another site.
Considerable figuring is going on for the
acquisition of big timber Interests down
the Columbia, but as these details are of
frequent occurrence, and Interests In ex
isting companies change from time to
time, the recent reports have no great
amount of interest to the public; and be
sides, those concerned say they have
nothing to announce at present, further
than that a deal is being talked of In
which one of the largest concerns on the
river is a party.
No permit of unusual amount was Is
sued during the week, but the record
shows about the normal total. There
continue to be the same number of per
mits Issued for new dwellings and apart
ments that made the past- few months
so noteworthy. The great East Side
shows no falling off 'In the remarkable
building operations that have attracted
the attention of all who keep track of
the growth of cities. In November there
were lt& new dwellings authorized by the
Building Inspector, against 67 for the
corresponding month of last year. For
the 11 months of lsst year there were
K74 permits Issued for East 3ide resi
dences against 1S49 last year for the
same period. The number of residences
tor which permits were Issued In the en
tire city in November was 177; for the
11 months of the year. 3S34.
Portland Well Known East.
" Prominent residents of Portland who
have made recent trips East ssy on their
return that the fame of this city as a
place for investment in realty has spread
to a great degree in the last two years,
due principally to Its rapid growth and
Its avoidance of boom features. The suc
cessful advertising campaign that has
been prosecuted by the commercial bodies
of the city al has had good effect. T.
R. Wilcox, who returned from an ex
tended trip a week ago. said in an In
terview that he found Investors in the
East well informed on conditions In the
Factflo Northwest, and quite ready to
place money In enterprise here. He said
that In financial circles he found Portland
to be well-known as a good place In
which to lnvt. In the way of loans
and realty. Mr. Wilcox made a remark
on a streetcar during the week, when ad
vising the, owner of a Washington-street
corner to hold on to the property, that
charged atmosphere. The air Is full of
rumors and there is reasonable expecta
tion that one of the liveliest time ever
known in this city and surrounding coun
try will be experienced between now and
early Spring.
CRY FOR CHEAPER MATERIAL
Good raving Wanted, but Citizens
Object to Overcharge.
East Side prop?rtyowners are Inter
ested In the outcome of the Investigation
of the rockcrushing question by a spe
cial committee recently appointed at an
Bast Side massmeetlng. They are "in
terested for the reason that many miles
of streets are to be Improved, possibly
with crushed rock, or hard pavement,
and are anxious for cheaper material.
In Multnomah Addition ten miles of
paving ts being done, but much of It
was held up and retarded for want of
crushed rock, according to the property
owners. More miles rf streets will be paved on
the East Side the next year than ever
before. I-anre additions to the territory
of the city have been made, and these
suburbs are coming in with petitions for
Improvements. Montavilla wants Im
provement. The district between Sunny
side and Mount Tabor Is asking for
street Improvements, and Sell wood Is
after more paved streets.
Other suburbs Piedmont. North Alblna,
Woodlawn and portions of the Penin
sula want paved streets, and double the
amount of paving material will be used
over last year, hence property owners
are anxious to know where it Is all to
come from and what must be paid for
It. Property owners do not care wheth
er the city or private concerns supply the
material, so they can get It at reasona
able rates and they declare they are
going to get It somehow, and cheaply.
FORM DEVELOPMENT LEAGCE
People of Piedmont Organize for
Advancement of Suburb.
A large percentage of the residents
of Piedmont met at the home of L D.
Wiggins, 1212 Vancouver avenue, and
formed an organisation called thePied
mant Development League, having for
its objects the material and social ad
vancement of Piedmont.
Lu D. Wiggins was elected president
and J. w. Buckley secretary. A propo
sition to build a club house in the tract,
similar to the one in Irvlngton, was re
ceived very favorably, and the Invest
ment Company has signified Its wil
lingness to assist the members In the
movement, and designated a large
block of ground that could be secured
for the club house and tennis courts.
The subject of street Improvements
was discussed, and It was the unani
mous opinion that the tract should be
Improved with cement sidewalks, and
the streets put In a good, serviceable
condition. Owing to the fact that the
district has no sewer system, or gas
mains, and that the water pipes are
rapidly becoming Inadequate to supply
the demands made on them. It was de
cided that it would be a very unwise
proceeding1 to even consider any hard
surface pavement at the present time.
Owners Anxious for Carline.
Agitation for a streetcar extension on
the Section Line road has been resumed.
It is desired to get the Hawthorno sve
nue line, which now runs to West avenue,
built out the Section Line to a point
opposite Kelly Butte, or tlje Kelly farm.
It is argued that this extension would
permit the handling of the output from
the county quarry should the cltv ever
go into partnership with the county In
the rock-crushing business. It is re
ported thst the property owners on the
Section IJne road are willing to give
enough of their property to make the
road 80 feet wide If they can get a
streetcar line.
Coal! Coal! Coal!
Gibraltar screened lump: no smoke: no
soot. Gusranteed weight. ' Prompt deliv
ery. Oregon Fuel Co. A 16S5; M 65.
official records, speak eloquently
enough without further comment.
Through negotiations by Van W. An
derson, E. J. Daly sold to Charles Gauld
three lots on Portland Heights for
S6000. It Is the buyer's Intention to
erect a modern residence on the tract.
A network of reinforcement Is being
placed on the first floor of the Imperial
Hotel annex and steel rod uprights for
the first story are also in place. Con
crete construction will start In a few
days.
Material is belnr assembled in large
quantities on the Lower Peninsula for
early start of work in the construction
of the various buildings for the Union
Meat Company's big plant. At Kenton
several houses are under way and work
of grading and further laying put of
streets Is progressing.
Whidden & Lewis have been commis
sioned by the board of directors of the i
Arlington Club to prepare plans and
specifications for the new clubhouse
that Is to be erected on the park block
facing Salmon street.
Slnnott & Stnnott and Isaac Swett.
who own the lot on the northwest cor
ner of Tenth and Burnslde streets, have
under consideration the erection of a
modern building on the site, the height
to depend on requirements of tenants.
The lot was bought from R. B. Larason
about two years ago. As outlined at
present there will be four stores on the
ground floor with the other stories de
voted to apartments or rooming-house.
Cornice line of terra cotta is being
placed In position on the finished fifth
story of the Rosenblatt Hotel. When
this is finished the Interior sixth, story
will be built and the whole put -under
roof.
The building of the Pacific Paper
Company at Fourth and Ankeny streets
Is under roof and work has been start
ed on the Interior, which will be rushed
to completion. The company expects to
move Into its new quarters soon after
February 1.
Bennes, Hendricks & Tobey will be
ready to turn over the new Chandler
Hotel at Marshneld so that It may be
opened for guests about the first of the
year. The hotel Is five stories in height
and Is along the same lines of architec
ture as the Cornelius Hotel In this
city. Two carloads of furniture were
sent down on the Alliance last night to
be placed In the hotel.
Joseph. Jacobberger has prepared
plans for a $3000 bungalow to be built
on Portland Heights for Henry Prud-homme.
The six-story reinforced concrete
building at Eighth and Everett, being
erected by the Labbe estate for Blu-
mauer-Frank Drug Company is ready
for the roof, work on which will begin
this week, Bennes, Hendricks & Tobey
are the architects.
Mall & Van Borstel have sold for
Frank J. Richardson to H. T. Hudson
50x100 and four-tier flats situated on
the north side of Northrup street be
tween Twenty-fourth and Twenty-fifth
street. Consideration was 112,000 cash,
and the income Is $110 per month. Mr.
Hudson bought this property for an in
vestment.
E. J. Daly reports the sale of the quar
ter block on the southweet corner of
Fourteenth and Overton; consideration.
122.500. There are four xottages on the
property, which Is In the heart of the
warehouse district; besides the trolley
track on Fourteenth street will probably
be discontinued and a railroad switch
substituted. The property was owned by
I EV Kern: The name of the purchaser
will be given out later. He also reports
the sale of one and one-half lots at tne
head of Lovejoy street belonging to the
A 'PRO
OTSSIVE 8AOTA GLADS
Did you ever stop to think what becomes of your Christmas presents year after year? Perhaps
you can show some of them today, but have any of them ever increased in value? Don't let this Christmas
pass without making the most valuable gift possible. Make a payment and get a contract for a lot at
SWINTON. Present this to some member of .your family whom you are most interested in as to their
future. If they happen to be making their own living, have them keep up the payments of 2 per cent per
month. Almost any one can do it if they try and this obligation will be the making of them. The recip
ient of such a gift will look back to the Christmas of 1908 as the brightest and most substantial of all.
Every man, woman and child should own some real estate in Portland these prosperous days, but
the best opportunities are now offered on the Peninsula. The richest men in America made most of their
money in real estate. '
If you are not thoroughly convinced that Portland will be the New York City of the Pacific Coast
you will not deny that it wdll grow many times greater than it is, hence the values of real estate will
increase step by step with its growth. . . .- - .
Only a few reasons why Portland should he the largest and hest city in the West:
It is the only fresh water harbor on the Pacific Coast. Has five transcontinental railroads. Is the
healthiest city and has the lowest death rate of any city in the United States. It has an unlimited sup
ply of pure water. It is the first in lumber and wheat exports on the Pacific Coast, and above all is a
city of homes. '
Hundreds of houses are contracted for in Swift & Co.'s townsite, Kenton, for their employes.
Kenton is near SWINTON on the west and is one and a half miles south of the packing plant and stock
yards A trestle of that length is alreadv built and streetcar rails laid thereon. By early Summer this
industry which is going to make a new Portland wiU be in operation. Part of SWINTON is only four,
blocks from Piedmont and is but three miles directly north of the Steel Bridge. Two city railroads are
projected to run through SWINTON, as it is the center of the peninsula. SWINTON building restric
tions will make it first-class residential property. Columbia Trust Company are grading the streets to
city engineer's stakes and putting-in mains through each street for Bull Run water. While this improve
ment is going on we are making a reduction of 10 per cent oh the price of our lots. We have made a new
record for the sale of subdivision lots in Portland. Over 850 lots have been sold since the middle of Sep
tember which leaves less than 200 unsold: At this rate they will all be gone before Christmas. Each
customer is a booster and most of them intend to build. Already numerous contracts have been let for
substantial houses. Values will surely double in a year.
' We will continue to fun our automobiles out to SWINTON to show our lots while they last. 'Any
day and any hour vou elect, but by all means don't put it off. Get your choice while you can. Already
some of our early purchasers have made good profits selling and reinvesting in this very propert
COLUMBIA TRUST COMPANY
SEVENTH FLOOR COUCH BUILDING
FOURTH STREET NEAR WASHINGTON
Barker estate to W. B. Peacock; consid
eration, JS250. Mr. Daly also reports xnm
sale of the lot on Willamette Heignis,
belonging to Earl M. Wilbur, of Berkeley,
Cal., to H. W. Stone: consideration, J1500.
-.! i. K .ar.H h thn Mult-
nomah Club for four acres of land ad
joining the present holdings of the club
at a consideration of $60,000. The
ground is part of the King tract and If
the scheme-goes tnrougn is imu iu
the intention of the club to erect a new
cluotiouse and enlarge the field.
Saio were made last week by Otto
Harkson. as follows: Harrald Johnson's
sso.acre farm In Benton County to
James McDonaugh. for 110.000; O. F.
Wlcklund's 10-acre farm near Clack
amas, to L. Rasraussen, . for $3500; four
lots at Arbor Lodge, formerly owned by
Frank Butterfleld, to Albert Larson, J1300.
E. J. Dalv anal W. G. Fox have pur
chased from the Oregon Iron & Steel
Company a river front lot containing
about two acres opposite the Rock
Island Club, with a river frontage of
about 300 feet.
In Wheeler Addition, P. H. Schulder-
man has Bold to L. L. Matlock, lots
7 and S. block 37, for $18,000. This
property Includes the old Holiariay
Hotel building on the corner of Hoi
laday avenue and Adams street. Th
building Is an old structure and a land-,..-i,
ir, that nnctinn of the East Side
built by Ben Holladay In his reign as
railroad king in this state.
The Ladd estate sold to Edwin Cas
well and J- Raymond Rodgers lots 7
and 8 block 21. East Portland, for
12,500.
Charles K. Honry & Son have sold to
a local man th southwest corner of
Fifth and Couch streets for $40,000.
The property was owned by James Mc
tevltt and is occupied by the Uncle
8am Hotel. They also sold to another
local man the northeast corner of Fif
teenth and Marshall streets for $16,000.
The buyer will at once erect a four
story warehoure and office, costing
iiA nno fnr thn fieneral Electric Com
1 ChanMttBllir V V Th 1 S Site
f'tlll J . VI ---
Is opposite Marshall-Wells site, and on
the new Fifteenth street rail line. They
, h. If R Wells to J. C.
Bracher, a timberman. a residence ac
vanf Twentr-flrsft and Hancock for
$7,000.
Vajiduyn & Walton report the fol
lowing sales: The Majestic apartments.
Clay street near West Park to William
Fuqua, consideration, $20,000; 100x100
feet corner Northrup and Twenty-fifth
. Salesrooms:
311 STARK ST.
CHRISTMAS
The Feast of Light -
Is just the occasion for giving a
Hon u till) I electric lamp dome or
shade, for the festive season de
mands plenty of light.
Beauty, fitness and moderate
prices characterise our magnificent
stock the designs are plain or or
nate, from classic to modern.
Let us make the youngsters happy
bv wiring the tree safely with elec
tric bulbs they cost little but In
sure much.
M. J. WALSH CO.
streets, W. M. Hunt to Lena Revlers,
$10,000; 38 acres unimproved near Tl
gardsvllle. to W. Fuqua, for $5000; cor
ner Montgomery and Eleventh streets
to A. W. Smith, for $7500; fractional
lot on Northrup street to Mrs. Caro
line Koerber, $2000; two lots corner
Killlngsworth avenue and Gay street,
to Airs. L. Sharp. $1350; 10' acres near
Ints to W. Fuqua. $.W0; corner Kest
Washington and Twenty-eighth street
to C. W. Helmer. $1250; one lot on Kill
lngsworth avenue near Denver to A. H.
Barkman. $S00.
fHf ? f !
FOR STORES,
Modern
System of
Lighting
HOLLOW WIRE
Gasoline Lighting Systems
HALLS, CHURCHES, THEATERS, FACTORIES,
RESIDENCES, STREETS, ETC.
They light rery easily, and give a clear, steady, cheerful white light,
which is superior to gas or electricity.
They are not expensive to install and they cost less to
operate than kerosene lamps.
Another advantage is that they may he rejrulated to
give from 200 to 800 candle power.
They are guaranteed to give sal isfa?tion. Writ for
catalogue and prices.
We also carry in stock extra parts and supplies for all
makes of gasoline lamps and lighting systems.
H. W. MANNING L. & S. CO.
43 Third Street, Porland, Oregon
TeL Main 2311, A 2311
11
Suitable Xmas Gifts
Something In the electric cooking line.
Something in the electric fixture line.
Something in electric novelties.
Something In an electric stand lamp.
We Have Them AH
GET Ol R PRICES AND SEE THE GOODS.
WESTERN ELECTRIC WORKS
NO. 61 SIXTH STREET, PORTLAND, OR.
Phonn Main 16, A 16!).