The Sunday Oregonian. (Portland, Ore.) 1881-current, December 20, 1908, SECTION THREE, Image 34

The Sunday Oregonian., December 20, 1908, SECTION THREE, Page 10, Image 34

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Newspaper Page TextTHE .SUNDAY OKEGOMAX, PORTLAND, DECEJIKK SU, 1W8. 10 TWO HANDSOME NEW PORTLAND HOUSES- OLD SHACKS f!0 M E T THE BEST AND CHEAPEST ACRE TRACTS ON THE MARKET ON THE WEST SIDE. AND ONLY A TWENTY-FIVE TO THIRTY MINUTES' RIDE FROM BUSINESS CENTER OF PORTLAND LONGER PROFITABLE . ,4 Ground Is Too Valuable to Re main Non-Productive in City Limits. METZGER ACRE TRACTS -. G i r. 'i TAKES ADVANCED RANK Investors Attracted to Two Widely Separated Districts by Reason of Recent Purchases Made. Secretive About Theater. BT JOHt J. HARRISON. One of the probable factors In the metamorphosis that is going- on In Port land, stirring up the dry bones of village days and substituting big modern build ings for sharks that for years encum bered desirable locations. Is attributa ble In some measure to the policy of taxation adopted by Assessor Slgler. "Valuations on important pieces of property here and there throughout the ctty have been gradually brought up to a base contingent on proper Improve ment. This advancement In valuations has been conducted with, a rare sense of responsibility and fairness, but It has resulted In many Instances in compel ling owners of these lots to put tip im provements commensurate with the de mands of the times and of such char acter as to produce- revenue sufficient to pay taxes. In some cases Interest on loans, and give the owner a fair reve nue from the holding." The foregoing may appear to be sug gested by one of Henry George's books on single tax. but the fact is It Is the opinion of one of the leading realty brokers of Portland. This broker con tlnud by citing Instances where to his knowledge good Improvements had been made for the reason indicated. Some of these date back for two or more years, but the majority are of rec?nt months. Portland's Hijrh Position. Whatever part the assessment policy has in the remarkable advance In build ing operations during the last few years fc not a matter that Is to be authori tatively discussed in this column, but it is enough to provide a text for thought, to say the least. It Is a subject that Is. Portland' posi tion among the progressive cities of the country calling for much gratulation from all who hve interest or pride in this city's marvelous growth. On every hand are seen evidences of what appears an unbroken line of building operations, and from the records of the Building In spector's office this forward movement sliows no indication of falling behind for some months to come, at least. The announcement made In The Ore gun Ian Wednesday of the purchase of tiie old T. M. C. A. building at Fourth and Yamhill streets by Josenh M. Ilealy was the most Important deal of the week. This transaction must bo cred ited to the week's business for the rea son that It was not publicly given, out before, although negotiations had been under way for some weeks before. Mr. Healy is not to obtain possession of the property until July 1 of the coming year, but in the meantime will consider several proposals regarding future use to which the building will be put. His purchase has put considerable ac tivity Into the local market, especially for holdings in that locality of the city. It is somewhat generally believed that next year will bring long-talked of lm- j provement In corners In the neighbor hood owned by wealthy estates, and them beliefs are based largely on the knowledge of what these owners have already done elsewhere. The corners re ferred to have small buildings on the sites at present, some of which produce practically ro revenue while others only nominal amounts compared with what modern large buildings would bring. "ew Theater Talked Of. As to a site In the neighborhood for a new theater building. Ats selection stands as good chance as others mentioned in thRt connection, according to those who sre Interesting themselves in the project. The whole matter of a new theater Is said to be up to subscribers for stock In the enterprise. One of the promoters saM yesterday that If a sufficient public spirit could be worked up to undertake th erection of the proposed buildings, evidence Is at hand to prove that the investment would be one of the best paying In sight at the present time. Plane have been drawn to include an an nex to a theater of generous proportions, this annex to be arranged Into stores and offices. Not much enthusiasm has been aroused over the theater propect so far. principally on account of the aversion to publicity evinced by the pro moters. The district. In the vicinity of the dock and araln el-vator about completed by the Spokane. Portland Jt Seattle Railroad Company at the foot of Raleigh street Is to be further Improved by the addition of another big elevator and dock. The CmpbelI-ianford-Henley Company an nounces its Intention to build on the waterfront property at the foot of Sev enteenth street, acquired by the firm some months ago. When the next grain season Is fairly opened and the North Bank road in good shape to handle the product of the great country known as the Inland Empire and the big yield from the Columbia Valley west as well. There will be need of the big storage fa cilities being provided. All these im provements In the extensive terminal dis trict will make it one of the most im portant in the city. The wholesale sec tion to the wst and south of the ele vators and docks is moving ahead at a great rat, many large firms finding that former locations In places occupied by them are too highly valued by own ers of the sites and that modern Im provements are denied lessees in many instant.es. While there continues to be much lack of pride in having records of realty transfers show the city's importance, about the usual number of records ap pearing evcrr day with romlnal cost named, it would appear that many pur chasers of ground withhold the correct figures in order to keep the Assessor from getting a line on values, and this practice certainly is not commendable, ifo tar the advocates of having city rec ords accurate seem unable to devise a plan that would compel proper record, and have finally abandoned hope of reform. Boys Block of Ground. G. W. Priest, a well-known building contractor, haa purchased a block in Ravenswood. near Richmond, for $7000. and next Spring will erect a number of dwellings on the land. The Central Methodist Church, of AlMna. has purchased a Quarter block on Vancouver avenue and Central street, anil has started on the erection of a chnpel. Work is in progress on the base ment. At Highland work has been started on a jui liaptist Church building. I i : . . Ait - "' 'v-- WW " t III m.X - I I I I - . Ill W:v; ,t . .J - li.i' -3 1 i I 1 I i t '..' Ue-4 ; I t it t " ?Q( j ii-asMj?' .. . - a t aJ a?. oortS zz.sarJTS. tvwctCe? MllssjBisasaisaBW "H f ' - . If I : - . . r. U 3 . I I ,ti- H . ti'-k i l:i- -Ul; ";:V iiw .ii..ijiiiiiiuiiMijjiiiiiiuwyij- s- rra J ilL W s LSfer FINE SHOWING FOR HTH BllLDIXG PERMITS . IX DECEM BER OVER $1,000,000. One- More-iMTge Structnre to Kigure in Statistics Before January 1. ' Building permits for the month of December -to the close of office hours yesterday amounted to 186, and the to tal amount of estimated cost of the structures and for alterations to $784, 93S. Plans and specifications for the annex of the Imperial Hotel being ererrted for T. B.. Wilcox are in the Building Inspector's hands for exami nation and will. figure in the month's totals as the submitted plans will be. In all probability, passed upon in the course of the week. This estimated cost for the work covered In tho appli cation will approximate J250.000. taking the building operations for the year well over 0,000.000. For the past week 67 permits were is sued with I19S.715- In estimated valu ations. Permits of over $3000 each la sued for the week, with location and owner's name,' is shown in-the follow ing: . December 14 H. -T. Kreiger. tors and ftat. Union avenue, between Ivy and Cook avenue. So".!; Thomas MolTaU, dwelling, Northrup, between Twenty-fifth and Twen-tv-sixfh. $W50; F.i Sheen, dwelling.- Wil liams avenue, between KlllinKsworth anfl. Sumner, J31KH): L.' D. Wolford. dwelling. Weidler bet ween Boat Fourteenth and East Fifteenth. 45GO. December ir C. Oaksbaugh, dwelling. Col fax, corner Moore. $45"0; P. . A. Carhmdor. dwelling. Cleveland, between' Sumner and Kiuerson, $-MXK): Mrs. J. W. Else, dwelling. Oarfleld between Jarrett and Alnsworth. 2.00; K. V. Jone, apartments, MontEomery, between Sixteenth and Seventeenth, $25,000. December 16 Dr. A. M. Webster, dwelling. Hawthorne avenue between East Thirty-first antl EBst Thlrty-rcond. S35O0. December 17 Norwestan-Danlh M. K. Church. Vancouver avenue, -corner Skldmore, $T(i0O: E. M. Baker, store and office. Alberta, between Kast - Seventeenth and- Eighteenth. $10,000: J. Indtgan. lo5glng-houe. Com mercial, between Stanton and Jlorrls, $12,000; Hannah C. Grohs. dwelling. East . Eleventh between Thompeon and Brazee.- $3000: Emll Plttelkau. apartments. Park corner Taylor. $W.00o; G. A. Anderson, apartments. King between -Washington and Davie, $15,000. December IS Lutke Manufacturing Com pany, warehouse. Fifth between Hoyt - and Irvinir, jr-iioo. December. 1C. M. Poty. dwelling, Alns worth. corner East Sixth. $.1600. , , Olympla Malt -Extract, good for grand ma "or baby. Only 1B-100 of 1 per cent alcohol. Phones Main 671. A 24 $7. "" LATEST ADDITION TO NEW CHINATOWN. i 4? - ' ., : i 15L.'' -- ' ' ' Jff i-w--ssia--ujj(i mi i"--sJvisjws--sai--sM BUILDING TWO CHIXEsE CAPITALISTS WILL HAVK ERECTED OS LOWER rOl'RTH STREET FOR EXCLUSIVE USE OP CELESTIALS. On the Quarter block on the southwest corner of Fourth and -Everett street another building to be devoted-for-use. of Chinese tenants is soon ' to be erected. The Bollara Investment Company owns a long-term lease on the ground, which it has sublet to two Chinese merchants, Lee Lung , and Lee Hong. It Is the intention of the Chinese 'capitalists to 'build a three-story brick and concrete structure on ' the site, , the first floor of which Is to be arranged In stores, and the upper floors divided into offices and rooms; all to be rented to Chinese. .This building will provide " the third large structure In that locality for -Chinese- in. Portland;, prac- tieally deciding the matter of a new Chinatown, as. former places occupied . by them along Second street are rapidly, being . vacated. BUILDING IRK ACTIVE CO:YCRETE PILIXG IS BEIXC USED OX FllIi SITES. AVhen - 'ew House Is Ready There Will Be Three Large Structures At Fourth and Everett. Concrete cylinder -piling is being put down on two sites on the Kast Side for buildings that are to be additions to the wholesale district. This form of foun dation -is -to be extensively used In those places in that district that were filled in and reclaimed for building purposes. The process has been attracting consid erable attention from passersby, as this form of piling has been practically tin known in this part of the country ex cept in bridge construction. .Plans for the new building to be erected by a Chinese syndicate at Fourth and Kverett streets, on the quarter-block leased from the Bollam Investment Com pany, are about completed by Emll Schacht, the architect. When thia build ing is . completed there will be three large buildings In the immediate vicinity occupied entirely by Chinese. Lee Hong, recently appointed Oriental agent for the Harriman steamship lines, with office in Portland- is one of the officers of the syn dicate, and a principal owner. Preliminary , estimates are being made and received by David C. Lewis for the construction of the new . building to be erected by the Lewis estate ton the lot, $0x100. at the northeast corner of Oak and Fourth streets. Mr. Lewis said yes terday that it Is his purpose to have the new. building a model in the way of office-building construction and finishing. Plans are to be completed for a structure of reinforced concrete of 10 stories in height. Uprights and girders have been put in place . for the first floor of the. Henry building, at Fourth and Oak streets, ex tending for the sidewalk base. Con crete bases for uprights have been under water for some, weeks, and those who were unconversant with tho fact that concrete hardens In water expressed the opinion that this condition would weaken the mass. Kxperts says directly to the contrary, and refer to numberless In stances where their contention is borne out. One point brought out is that In the building of walls for buildings of concrete they are kept saturated so that the mass may become more compact. . Top course of brickwork Is about fin ished on the Crawford building at Fifth and. Ankeny streets. Some surprise is expressed by passers-by that the struc ture is to be only three stories high, pre vious announcements having been made that it Was to be from four to six stories. The building, nevertheless, is' a distinct improvement for the locality, and as It covers ' one-half of tho half-block, It makes quite an addition to what last year was- the site of a rambling frame. The Fifth-street front has concrete uprights- and bonds, the balance of the building being of brick. Contract has been awarded by Doyle & Patterson, the architects of the Meier & Frank building, amounting to about A c R E T R A C T S ON THE SALEM ELECTRIC LINE For every twenty-five-cent piece invested in Metzger Acre Tracts NOW, you are sure to receive a silver dollar in. return, within a very short time. This is not a supposition or speculation, but a positive fact, considering the ideal location, the present very low prices, good car service and proximity to the heart of a rapidly growing, prosperous city like Portland. A visit to our Acres will substantiate every assertion that we have made in our ads regard ing Metzger Acres. Take the Salem electric car at Front and Jefferson streets and en-joy one of the most scenic rides in or about the City of Portland; get off at Metzger Station. Don't delay NOW is the time to go, if you take advantage of these low prices. You will never regret having made this trip. We have some of the richest and most productive soil to be found in the state, free from stones or gravel, which is especially adapted for the raising of all kinds of vegetables, berries, fruits, walnuts, etc. Improved, unimproved and partially improved acres to choose from. $200 PER ACRE AND UP ACCORDING TO LOCATION TERMS 10 per cent cash and 3 per cent of the purchase price per month. INTEREST Six per cent per annum on deferred payments. ON CASH PAYMENTS a discount will be allowed. For particulars and descriptive plat call at our Fortland office, 226-228 Front street, or at Metzger Station. All cars stop at Metzger's. HERMAN METZGER, OWNER Office Phones, Main 474, A 1374. Agents and Phone at Station. M. 6409. 30 000, for the plumbing, heating and wiring of that structure, which has now reached the seventh floor in steel inte rior construction. The fifth story concrete construction of the Lombard building, at Fifth and Stark streets, will be started this week, the lower story -walls having set. New front on the Alder-street side of the old Oddfellows building, at the cor ner of First street, is about finished, and gives the building quite a modern ap pearance. Opening of the recently completed freight sheds for the Portland Railway. Light & Power Company was celebrated yesterday afternoon by a public inspec tion of the buildings and surroundings under invitations Issued by the company. About 30acres on the hillside at the head of Lovejoy street will soon be placed on the market for residence sites. Humason & Jeffery report the sale of a 60x73 1-3 lot on northeast corner of Tenth and Everett streets. Mrs. Mary N. Whitney was the purchaser, and paid J16.000 for the property. At present it is paying but small returns, owing to the inferior buildings erected. Abe Tlchner was the former owner. Considerable buying is going on in the Irvlngton section. In the past few days Humason & ; Jeffery report the sales of the northeast corner of Thir teenth street and Broadway. 50x100. to Mrs. Lucy Dougherty, who will erect a dwelling. The lot was sold for 2fi00 Also 50x100 on Wasco between Nineteenth and Twenty-first was sold to Mrs. Al Moser, price, $1900. Chapln & Herlow report the following sales in the Riverdale district, which comprises Riverdale. Palatine Hill, Riv erside and Abernethy Heights: Eight acres formerly owned by John Sommer ville to F. C. Graham, of Portland; four acres owned by the Breyman estate to Carlos H. Smith, controller of the Elgin National Watch Company, of Elgin, III.. and Alfred La Voie, retired real estate broker of Chicago; four acres from J. J. Graham, of Albsfhy, Or., to G. A. Hoff man, of Portland; 3 1-3 acres formerly owned by Judge Williams to Ira F. Powers, of Portland; 4 6-100 acres from the Breyman estate to Frank C. Savage, of Portland: 10 1-5 acres, formerly owned by Isam White, to a local investor of Portland, whose name is being withheld for the present; z-o acres irom . c,. s. Wood to Walter V. Mackay. of Portland. Base Line Acres 8 miles due east on Stark street. 35 minutes to the city by Mt. Hood Railway. Splendid soil, high el evation, magn ificent scenery. Investment opportu nity unsurpassed. Lowest prices on Base Line Road. $250 to $300; terms to suit buyer. F. B. H0LBR00K CO. Room 1, Worcester bldg Portland, Or. Xew Oregon Postmasters. WASHINGTON, Dec, 19. The President sent to the Senate today the following nominations for Oregon postmasters: William M. Brown. Lebanon; J. E. Beezley, Falls City; Merritt A. Baker, Weston. , A Christmas Present that will ever become dearer a deed m QB-:ni v vU. 5L.VL71i 11 CT Reedville Acreage This property appeals to all who investigate it, locatc.l as it is on the Southern Pacific Railway, within 10 miles of the Courthouse, and the most fertile soil in Oregon, no white soil below, but a subsoil that provides a natural drainage, that makes the community healthy and the soil adapted to fruit, nut and vegetable culture, which ranks the property as a revenue-producer when so cultivated or rented for such and an assured increase in value when developed in fruit or nuts. This property is platted into tracts of from one-half to ten acres each, with graded roads to each tract, and selling to home-builders and investors at from $75 to $250 per acre, a small cash payment and your monthly savings applied puts you in possession of one of these tracts, and gives you the increase of value, and a start as a real estate owner. Don't delay, but talk this matter over with your wife and such of your friends as are really interested m your future welfare, then call at our city office and we will be pleased to give you information and free tickets to the tracts, where our agent will meet you with a carriage and show you over the property. We also have large list of Willamette Valley; farms at prices that will interest inquirers. THE SHAW-FEAR CO. 24512 STARK STREET. Salesrooms: 311 STARK ST. CHRISTMAS Feast of Light Make the L'rht Store your srlft center, for nothing can be more appreciated than a gift that sheds its beneficence over the entire fam ilv. URhtini? adds to the dignity of tiie hall, tho elegance of the draw-insr-room, the Intimate charm of the dining-room. Our assortment of Stand Lamps. Electroliers. Domes. Candelabra are specially priced and the most com prehensive In the city. T,ct us make the tree brilliant with electric bulbs they Insure much at a triflinc cost. M. J.WALSH CO. IIS mm moxr CALL MAIN or A 1696 AND LET US PLAY SANTA CLAUS Probably we can suggest a suitable present Western Electric Works !SO. 1 SIXTH STREET, PORTLASD, OR.