TITE SUNDAY OREGOXIAX. PORTLAND. APRIL 4, 1909.
HEAVY TRANSFERS
RESIDENCE DESIGNS FOLLOW ARTISTIC LINES
OUTLOOK IS BRIGHT
!E MARKET
The
Social
Standing
Your Wife
Residents of Sunnyside Confi
dent of Its Future.
Trend of City Expressed by
Transfers Again Reaches
Out to South.
Of
MANY NEW RESIDENCES
IMPROM
WORK UNDER WAY RUSHED
Even With Remarkable Numbers of
Dwellings Just Kreoted There Is
Constant Inquiry for Homes
by the Newcomers.
BY JOHN J. HARRI80N.
Several deals were made during the
week Just closed that are of more than
usual Importance In realty affairs of
Portland. The principal deal was for
the Marquam rooming-house corner.
eUJ5?Ben Sel,,n and associates
for $350,000. The effect of this sale on
the market Is most pronounced, for
every prominent realty man in the city
used the Information of the sale to
prove to buyers that inside property
never was in better demand than now
and that values are not only main
tained but show signs of advancing.
In comparison with the sale of the
Olds, Wortman & King corner, bought
by the O'Shea brother, at the same
figure, the Alder and Sixth-street cor
ner furnishes a new front foot basis.
It is now figured that Sixth street
rrontage Is established at 3500, ae
least between Morrison and Washing
ton, and according to valuations re
cent y placed on Washington street
holdings frontage from Fourth to
Seventh realty is worth 5000. While
no recent sale has been made on that
basis, owners of pieces in the district
named place that valuation on Improved
lots.
Has Good Effect on Market.
The closing of the deal for a theater
u ?,.at.tV'n,h anrt TaV'r by Calvin
Helllg is another transaction that will
have good effect on the market. Ac
cording to present plans the new thea
ter building is to have a number of
stores on both streets and this fact
alone will move retail business an
other block southward. A theater
Building of good class attracts shop
pers to its vicinity aa scarcely any
other character of building does and
there is no reason why it should not
prove to be the case in this Instance.
Informed men In the realty business
assert that the trend of building is
again southward and that the next few
years will bring a great change in the
district from Morrison to Salmon and
from the river to Park street. The
two blocks now occupied by the old
homesteads of Corbett and Falling are
becoming so valuable that they will
be soon required for business purposes
in order to get a revenue commensurate
with the value of these two centrally
located blocks. Then tne proposed new
courthouse will have an admirable In
fluence In drawing Investors to the dis
trict. Already the two buildings of the
V. M. C. A. have had good influence in
stiffening valuations, and there is con
siderable talk of the Falling estate
erecting a skyscraper at Fifth and
"lamhill before a great while, although
there is nothi.ig of a definite nature
announced by representatives of the
estate.
A good Improvement Is under way on
the West Parle street front of the Cor
nelius Hotel. The 3-story brick be
longing to Captain E. W. Spencer is
being arranged as an anno ,
hotel and wnen remodeled will provide
20 additional rooms.
Good progress is being made on -the
important new buildings under course
of construction. the Meier & Frank
Company building now receiving the
cornice course, 'i ,ie Lewis building at
Fourth and Oak has nests In place on
the first story ready for concrete pour
ing as soon as forms are supplied. The
Henry building nas reached the third
tory. white enamel brick with blue
medalions composing the front eleva
tions on Fourth and Oak streets. Plas
ter finish Is olng put on the Y. M. C.
A. building and work has started on
the Interior. The same is to be said
of the Lombard building at Fifth and
cmin.. wnere windows have been put
in and plastering is under way. The
Rosenblatt hotel is rapidly approaching
uio mum recent aaaitlon being
Jiotuun oi ornamental lire escapes,
, Excavation Is progressing on the h.
ment for the Portland Railway, Light
o.- r ower t-ompanys building at Seventh
sua Aiaer ana tne big hole In the
ground of the Pennoyer block for nirts
Wortman & King's new building is
Rruwiiig oigger every day.
Heavy Transfers Made.
Realty transfers for the i.
eluding Friday amounted to $6S9,25 or
an average daily of $108,000. There
were several large transfers during the
week of North End quarter blocks fig
uring from $35,000 to $60,000. Interest
in that part of the city has not abated
and It Is known that at least two big
concerns of Cicago are in the market
iur sues on wnicn to build. S. Q. Mack
lin. representing the Cudahy Packing
Company and I. J. Bath, representing
Morris & Company, examined several
lsrse pieces but were unable to find
sites suitable for their purpose at a
figure they considered right. Thev ex
pressed themselves as much pleased
with the section of the city where Ar
mour & Company and the Sinclair back
ing Company have already built, but
thought valuations were rather too
steep.
Building permits issued for the five
days of the week to Friday afternoon
amounted to $123,245. There were 97
permits but none for any considerable
slxe. the majority being, as usual for
the past few months, for dwellings to
cost from $2500 to $5000. It has become
a matter of much comment In building
circles that the large number of dwell
ings going tip has not caught up with
the demand before this time, but the
fact is there are no Indications that the
condition Is to come very soon, for
renting agencies have applications
booked that cannot be filled. Railroad
figures show a remarkable influx of
new residents and of course these peo
ple must have places to live In, which
accounts for the continued Inquiry for
houses.
Known as City or Homes.
While Portland has established itself
as a city of homes there are few apart
ments vacant, small families finding
about as much trouble to get rooms as
others do to find vacant houses.
Kvery realty man In town expresses
the opinion that this year is to exceed
any previous one In volume of business
both in realty transfers and in new
building operations. The totals for the
first three months Indicate that the
view is the correct one. and there is
nothing In the outlook that points to
e-ny failing- c.l.
j; a. -zzzzrZ" . . wr v&;
Kfct. - P- 4 J :U fca kssL uUuJ. y y I ! i ;
f tease - $ ? '-'". l " " . 1 I
lvl aL - 4 lUrtv ;
- u
I,. " I ""T1. WW 's " "OMW
Kdge of
Growth
City Shows Remarkable
and Gives Evidence of
Continuing and Increasing
Fast and Steadily.
"VTith two stone church edifices and
countless attractive dwellings In pros
pect, Sunnyside has a bright future. The
Sunnyside Methodist Church has adopted
plans, through a competitive test, for a
stone edifice that will cost above $76,000.
The Sunnyside Congregational 'Church is
having plans drawn for an edifice to be
built of concrete stone blocks that will
cost $25,000. The Methodist Church edi
fice will be erected" on East Thirty-fifth
and East Yamhill streets.
A general working committee of 100
has been organized by the pastor. Rev.
W. T. Euster, to raise the funds and
finance the project. It will be 100x100.
The Congregational Church will be
erected on East Taylor and East Thirty
second streets and will cover 100x100 feet.
The plans for this building are hoino-
arawn and will be ready for bids bv
May 1.
Dr. J. F. Ghormlev. of th rVntT.1
Christian Church. East Twentieth and
Salmon streets, announces that the con
tract for the new stone edifice under
construction for his church has been let
to John Bingham. Tenino stone will be
used and is now being delivered on the
ground. Dr. Ghormley says that the new
edifice will be oecuDied next Pnii .a
will be completed at a later date. The
new church will occupy a Quarter hloclr
and will have a full basement. Its cost
will be above $50,000.
Sunnyside is one of the oldest suburbs
on the East Side and Is considered one
of the most attractive Vacant n nil fio a
are seldom seen there. Belmont street is
being improved between East Tenth to
East Twentieth streets, where hard-surface
pavement begins and extends
through Sunnyside on to Mmmt t0i
Provision has been made to pave the
street to Frances avenue and some of the
work has been done. Bv th t,h
the year the entire street will be im
proved, giving Sunnyside a more direct
line to the business center.
Work Is In progress on Rnt stov
street, which - is being nave h.t.n
East Twentieth and East Fortv-first
streets with crushed rock and which 1U
pruvioe anotner street for the Sunnyside
and Mount Tabor suburbs.
A committee from the RnnnvcM. v..-.
Club is asking the Board of Education to
iiuiuiia.se me west side of the lot on
which the Sunnyside schnnlhnu i. i
cated. The land is partly occupied, but
it is urged that with the .remarkable
growth of this suburb more room win
needed. At present the SunnvcU. .v, i
iiuussc covers nearly all the
grounds, leaving no playground.
MAKE MOHAIR CLOTH
COMPANY ORGANIZED TO EN
TER MANUFACTURING.
Mill at Sellwood Will Give Local
Market for Product From
Angora Goats.
Organisation of the Multnomah Mohair
Mills Company has been effected with
John E. Young, president and treasurer;'
M. F. Henderson, vice-president: Stew
art Llnthlcum. secretary, and John E.
Young. M. F. Henderson. A. L. Mills. D.
C. Iewls and Rodney Glisan, composing
the board of directors.
The company has Incorporated with
capital of $150,000, paid up, and a bond
issue of' $75,000. authorized and sub
scribed for by t"he same men who took
the stock, making the working capital
$226,000.
The company has bought a site for lo
cation of the mill at Sellwood. at the
point where the Southern Pacific crosses
the Cazadero branch of the O. W. P.
line. The tract comprises about eight
acres, which will furnish room for expan
sion, and already has a sidetrack from
the Southern Pacific to the location of
the warehouse. The site of the factory
is on Johnson's Creek, which will pro
vide good- water for washing the product
delivered, and also will aid to furnish
water power.
At first the company expects to employ
about 150 hands, .the larger proportion
to come from Sellwood. where intelligent,
self-respecting girls will seek employ
ment near home.
In the preliminary plans of the com
pany It is proposed to erect reinforced
concrete buildings, furnishing all possible
comforts and conveniences.
That the new company will be equipped
to carry out plans absolutely up to the
requirements of both law and advanced
Ideas, is vouchsafed by the character of
the officers, who will have charge of the
plant. John E. Young, president and
treasurer of the company, comes from
an old New England family of manufac
turers, his father and grandfather being
among the largest owners of New Eng
land cotton mills before, the Civil War.
He- Is a graduate of the Massachusetts
Institute of Technology, and came West
In 1S90, under Instructions from Henry
Vtllard. When the Northern Pacific
passed ltrto other control, he engaged In
the wool and hop business In Portland,
afterward engaging In wholesaling and
Importing of woolens and linens.
Mr. Henderson is vice-president of the
Eastern & Western Lumber Company,
and the other directors are well-known
Portland business men.
speaking or tne situation from theH
standpoint or a prospective manufacturer.
Mr. Young said yesterday:
The foothills of the Cascade and Coast
ranges have been especially (iirficult to set
tn shape for agricultural purposes, as the
sotl and climate are such that underbrush
ferns and weeds (crow so rapidly that grass
can get little start even after the ground
has been cleared. There are hundreds of
thousands of acres in this section that would
be good grazing land if this growth were
killed out. and for that purpose it Is esti
mated that five goats can do the work of
one man. The goat, besides clearing, earns
annually about r.O per cent on the Invest
ment by furnishing a fleece worth from
1 2.. to $1.75 and by the natural lncreas
The development of this countrv any dis
tance away from transportation Is at first
for grazing purposes, and clearing in anv
way except as above, is too expensive to
get returns on investment. Kotninr will in
crease the productiveness of the region be
tween the Oascadea and the coast aa much
nnuuiiinii me goat industry in that
i... .w , . ""onair mm win stimu
late the raising of goats by furnishing i
pro-
staple aa
steady home market and good prices ail
the year round. Already some of the larger
lumber companies are fieurinn- on nutting
goats on their logged-off lands.
As the development of the outlying dis
trict means much to any locality, and as
manufacturing is something we must have,
if the Northwest is to continue Its phe
nomenal growth, the men who have started
and Invested in this proposition have done
a great deal for the community, for this
enterprise helps in both ways.
The industrial history of any compara
tively new district shows that success usu
ally follows the handling of the natural re
sources of the country: the greatest success
being in manufacturing staples from the
natural products. In the Pacific Northwest
the manufacturing of flour and lumber have
been very profitable. Mohair is another
raw product that opens a new field. It is
grown largely in Oregon. Washington and
"-aiuomia. ana when manufactured
ouces some articles almost as
flour.
Our climate and water are very much like
that of Bradford. England, where the finest
finishes are obtained on this class of goods,
and outside a difference in cost of labor,
there Is no reason why our costs or produc
tions should not be as low as that of Brad
ford and our quality equal.
The Oregonlan recently said:
Polk, Benton and Lincoln are the conn
ties raising th( largest number of goats. It
is astonishing that more men engaged In
clearing upland do not utilise the Angora
goats to aid them. To put on a clearing
machine which not only does the work but
repays each year over 80 per cent of Its
cost, would seem to be a good proposition.
It cannot be too strongly stated that on
Oregon brush-covered lands there are few
farming industries that will Justify paying
out from $30 to B0 an acre for getting rid
at one operation of brush, trees and roots.
To Increase the grass and clover-growing
area of the farm, on the other hand. Is to
enable an Immense Increase of the number
or stock that the farm will carry, and there
in lies the chief source of profit. The
slashing and burning of the brush and sow
ing the field down in gTaea and clover can.
In most cases, be done for $10 an acre or
even less. The next year sheep and goats
can be turned in on the land. Each sheep
on an average yields U.10 a head for wool,
ana each goat 1.2S for mohair. On land
where cherry, hazel and vine maple are
the chief brushes, the sheep and goats will
kill the brush out In from three to four
years, and do well on the feed all the
time. The roots can then be knocked out
with ax or grub-hoe. and then burned. The
land can be plowed and cultivated and
thrown Into the acreage of plow land on the
farm.
GOOD ADVANCE IN TWO TEARS
Park-Street Lot Gains 5 0 Per Cent
In Addition to Rents.
D. Parker Bryon announces that he has
sold for Miss M. L. Surman a lot on the
east side of park street, between the
Tull & Gihbs store and the corner of
Yamhill street, to a syndicate composed
of local business men. The lot Is 50x
100 feet and is improved at the present
time with an ol two-story bouse. This
property Is but ISO feet from the corner
of Park and Morrison streets, recently
purchased by Joseph M. Healy from the
Realty Associates for $150,000. While the
exact price has not been given out It Is
about $35,000 and is considered In the light
or a Dargain by real estate men.
As illustrating the remarkable rise In
the value of Portland real estate values.
Miss Surman's brother, the late Dr.
James Surman, purchased this property
irom ur. it. c Yenney a little more than
two years ago for the sum of $20,500, and
it has thus netted In that short time over
50 per cent of the purchase price In ad-
dition to the rents received during that
period.
Mr. Bryon also reports that ho has
sold for Kate and H. J. Kingsley the
southeast corner lot of Twelfth and
Harrison streets, to Dr. E. G. Ausnlund
for $7000. The property Is Improved with
two small cottages rented for $40 a
month.
school-
Plans for Five-Story Brick.
Lewis & Lewis, architects rA
paring plans for a flve-storv hriw
building to be erected in th.
iiuuse aisinct or iast
cpring. Jt 18 tne
most Important
this
and
depends more upon where yon build your home
than upon many other things. The better class
of Portland people who contemplate the erection
of new homes are looking towards PROSPECT
PARK, which is the cream of Irvingion. The
reason for this movement in this direction is the
fact that improvements are all installed, that
they are all of exceptionally high grade. The
streets are asphalt; cement sidewalks and curbs
have been laid, and the sewer, water and gas
mains are in their places. PROSPECT PARK is
considerably in advance of every other section of
Portland, -with respect to improvements. The
other features which commend it to the discrimi
nating buyer are its building restrictions, the
fact that it can be reached in ten minutes by two
streetcar lines, and the exclusiveness -which is
guaranteed by the class of people who are buying
there. It is really and truly well worth your
while to board a Woodlawn or Alberta car at
either Second or Fifth and Washington streets,
ride to Knott street, from which point a walk
. one block east will bring you to our office on the
property. Our manager in charge, Mr. Mum
ford, will be glad to show you over the entire
tract at any time of the day or any day in the
week. If you are really particular about where
you want to build, it is quite essential that you
see PROSPECT PARK before you make your
decision and prices are raised, April 12.
ROUNTREE
AND
DIAMOND
241 STARK STREET
EAST SIDE OFFICE
EAST 7th AND KNOTT STS.
H.UMUMFORD IN CHARGE
costly structure erected so far In that
portion, and ywill rank with the plant
of the National Cold. Storage & Ice Com
pany, now .under construction on East
Stark, between East Water and East
First streets, and the cost will prob
ably be above $100,000. The builders
and location
the present.
are not made public for
A leading Oerman electrical company has
in contemplation the erection of a new
plant for the exclusive manufacture of air
ships and aeroplanes.
Webfoot oil blacking (a shoe grease),
softens leather, weatherproofs shoes.
Swell English pumps at Rosenthal's
'CALIFORNIA BUNGALOWS'
A book Illustrating a number of the
latest designs and floor plans for 50f
FLANS SIO.OO.
W. I ALLEX,
Delta Bids., ton Angeles.
On Sale at Oregon News Co., 147 Sixth
St.. Portland.
PHOENIX
IRON WORKS
Enarlneera, Founders,
Machinists and Boilermakers,
Building and Structural Work.
WE MAKE
hire Hydrants, I.c,K Hauls, Cast
Gear, Hydraulic Giants, Water
Gates, Lumber Trucks, etc.
Hawthorne Ave. and East Third
PORTLAXD, OR.
Designed Fixtures
So large a part of social life is
lived by artificial light that the
fixtures have become a most im
portant part of decoration. Art
and utility are specially combined
in our varied assortment. Con
sult our experts free for special .
designing.
J. WALSH COMPANY
SALESROOMS 311 STARK STREET
M.
OPENIf
UNITED
to m
m of
THE
,WA!
MS TON
will take place this week. Until that time the price of business
property in the townsite of BURLINGTON will be continued on
the present basis. The day the first car runs to- the new town,
however, these prices will all be raised. It is impossible to state
what day the first train will be operated, which leaves a few re
maining days for those interested to purchase first-class business
sites at unusually favorable prices. The inauguration of first
class suburban service between BURLINGTON and Portland
means a rapid increase in the price of propertv all along this right
of way. BURLINGTON is the terminal of the new road, at junc
tion with the Northern Pacific, and will become the busiest and
greatest shipping point between Portland and the mouth of the
Columbia River. It will be the water terminal of the UNITED
RAILWAYS, besides being the shipping point for Sauvies Island
and the Tualatin Plains. Representatives of this company will
be at BURLINGTON all day today. Trains leave Union
Station via 'the Northern Pacific at 8:00 A. M. and 1:15 P. M.
KDTH
TRUST
CO.
OWNER
ROOM 3 CHAMBER OF COMMERCE
PORTLAND