The Sunday Oregonian. (Portland, Ore.) 1881-current, April 18, 1909, SECTION FOUR, Page 5, Image 41

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    REALTY GOOD. IN
EVERY DISTRICT
Various Sections Seem Well
Balanced for Purposes of
Investment.
FEW SALES OF "INSIDE"
Market in Most Excellent Condition
and AH Dealers Report Satisfac
tory Business Houses to
Rent Hard to Find.
.BY JOHN J. HARRISON.
I U a difficult matter to say offhand
3uwtwhat district of the city is.attract-
lng the most attention fmm i .
ora. Some big sales were made both in
the North End and out Washington street
during the week, and there is street talk
that another quarter block in the central
part of town Is soon to be announced, on
which a big building Is to be erected.
A a matter of fact, there are no more
first-class sites in the strictly down-town
district that are to be obtained. Some
very desirable sites have poor improve
ments, and these would be . taken at big
prices and would be built upon with mod
ern structures if it were possible to in
duce owners In a .-t ... . v. . .
Lnfortunately for the further building 1
np of the city, these holdings are in the :
hands of non-progressive people, or are
tled-up estates, that keep the ropertv
oft the market. It has come to be not so
much price as refusal to sell that holds
back irnprovemnts along some of the
principal streets. High rents provide
good revenue to owners of the old-stvle
buildings that are spotted here and there
r-etween modern buildings, and while the
presence of these structures mars the ap
pearance of the principal streets, there
seems to be little hope that some of them
re not to remain as they are until the
Present owners are called awav to that
rity where treej, are paved with gold.
City Grows North and South.
Solution of the difficulty, however, ia
Jn sight. One of these fine days dog-in-the
manger owners will wake up to dis
cover that the old business center has
broken through the old lines and has
taken In Stark. Oak and Pine in one di
I ..?" Yamhill. Taylor and Salmon
tn the other. These streets are certain
to attract retail business, as thev alreadv
are doing to a considerable extent, and
then those who refuse to Join In beauti
fying the city with modem buildings mav
nnd that offers tor their property will fail
short of what they are now.
last week with a handsome advance in
previous values for lots in that district
..mU nt F,ftn and Glanders sold for
00.000. Albert E. Johnson and asso
elates made the purchase as an invest
ment, although Mr. Johnson savs that If
a suitable tenant can be found the syndi
cate will erect a building, probably a
warehouse or building for a wholesale
concern.
Out Washington street there continues
to be great activity In the building of
"i-..iiiriii.,uuera. Al lhe
a modern building, and another Is started
on ayne. The whole district Is becom
ing a regular network of high-class apart
ments, and the end is not yet
The action of the Fire Commissioners
lth i reference to the little theaters scat
tered around town is believed to be the
start toward doing away with wooden
wVZ"L 'n'T"r- T" 'act that Calvin
tlJll I ""cured a site for one new
"i"ion. ii is an open se 1
Zl.l lat lpa"t tw" other sites aieN
t-i.1 .v. . " Ior "reproof buildings to
take the place of old buildings now in
k-!; ;ort,nnd 18 considered one of the
wnf.,m..0,inln the contry. but it is
7, bph,nd tne in the character
of its theater buildings.
Portland's Future Assured.
Much significance attaches to the views
fnThe Ore"' JV Ttn1aS ln an '"terv1ew
a rltfS " a" Frida- Mr. Thomas is
nf ?h rVr'a, one?F nd has seen much
of the Coast in the interim of his resi
dence on the Pacific. He says unhet -atingly
that, after looking over Port
land, he predicts that it is to be on
?!vthfP,lnClpal citles f the whole coCn!
wti.t v, Pfertlcularly impressed with
Tiefiv,.. .h8W " and ftom Portland
Heights, where, surrounded with magnifi
cent residences, he looked out over the
city and pronounced It good
Realty transfers again reached goodly
Proportions last week. The total consid
erations footed J606.342. the usual number
.!f were corded giving nominal
considerations.
Building permits show a continuation
of the remarkable records made in the
last few months. There would seem to
be no Indication that the building of resi
dences to to fall off during the Summer,
as architects are busy preparing planr
for dwellings of all styles and degree
cost.
Among the realty dealers there Is a
hetter feeling than ever before. Hardly
an agency ln the city complains of lack
I it , . i ...i , I
, 'Vy - i tth Z
I v v - ! - ' ' ' -it
( - - .
t ; t
if -,l i,1 u - i
f tSt v Ht ' I 1
"W i v - t
. HANDSOME HOUSES AT WALNUT PARK. J
...... . - mm
of business, and soma of the leading men
nicy nave more commissions then
they can give proper attention to. A bifc
dealer, who in not given to indulging in
"hot alr"sald last week that he had
been told by a. banker that there is on de
posit in the bank with which he is con
nected over $5,000,000 of Eastern capital
sent here for investment in Portland
realty. There ts no reason to doubt the
remark, for whenever 'deals for large
amounts are negotiated the money is
forthcoming at once. Plenty of local
capital is being employed, but outside
moijey is being called upoip as well.
Suburban Lots In Demand.
Reports from agencies handling sub
urban lots prove there Is no falling off in
the sales of this class of investment In
some of the recently platted tracts buy
ers are taking over two up to five lots In
one purchase. Indicating confidence In the
tracts. Weekly report of sales are con
clusive proof that these suburban dis
tricts are soon to become thickly set
tled and stretch the outlines of the city
well out into new territory.
The tone of the Portland market could
not be better. There is no evidence of
Inflated values, although there is decided
strength. In no section of the city is
there weakness, which proves that realty
In any part of the city is a good purchase
right now. What has happened in the
past Is certain to happen again, so that
any purchaser at present figures Is prac
tically sure of getting an advance as the
city grows. That the city grows is a self
evident fact.
The renting situation does not improve
in the way of additional houses offered.
... -riinnj art inKan as soon as com-
pleted. and the only ones obtainable are
old houses badly In need of repair.
EAST SIDE LOTS-SELL
OVTSIDK MXDS BRING
AX ACRE.
$ 1000
No Falling Off in Transactions for
in Platted Tracts Nor in
Older Districts.
F. B. Holbrook ha's purchased a 32
aere tract of the Egger Bros., west of
west Irvimrton for
Mil riv rf? j no
tract will be platted. Manhattan Tnve.t.
ment Company made the sale. Egger
own 7 a dBiry ne" Woodlawn.nd
Speth1endbUt "
nounced. and the J t tjm I U ,s an"
WiSTUJUS Vonla
nge'-mTeeenng
Alblna maTtorauire'dOPeArr
Ix.er Alblna and others are in prospect
U Trammer has just sold to G. M
2: ZVLl ?' and 15. bl2k M.
-aauion, for I2SO0. On
ioi secured Is e,- , .
1Alr'V,P-, Ma" Co- "H lots 7, 8. 9 and
Fowled7' erst"R Addition, to J. Nv!
owler. for R. Hamburger, for 000 This
property Is not improved at present". Th"
on Lnion avenue and Ktast Glisan street.
Pehl-la5? RMlty Company has sold to
WalwnLtoT0'- a- ,0t Bfi2-Xl'0l o" East
vashlngton and Bast Thirty-eighth
winT. fr ,1J459- Two frame dw lings
will be erected on thejot at. once.
hlir ,h.,,li,,' ha" Pfrehaaed the east
half of lots n and 12. block 105. West
t or ?3700. On the lot is a two-story mod
em seven-room residence.
-J-- Zrgl?. rcpntly sold six acres
7MI TMaxy :,Se" to Fred A- Jacobs,
of the Jacobs-Stine Company, on East
Syend and ' Hassa'o streets, for
S126. The owners will plat the land into
town lots.
C. K. Henry sold a five-acre tract in
Flrwood in the vicinity of East Thirty
first and Thompson streets for C W Gay
to Dr. George W. Parrish, formerly of
St. Louis, for $12,000. Dr. Parrish expects
to erect a- handsome residence on the
property.
New York's latest novelties in fin
footwear at Rosenthal's. -
"Watch the Movement Down the River."
Free Ride to Harborton
THE SUNDAY QREGOXIAX, PORTLAyp, APRIL IS, t909
P LAN TJ EVV CHURCHES
Several Additional Edifices for
East Side.
PEOPLE SHOW ENTHUSIASM
Methodists and Catholics Have Ar
ranged for Buildings of Imposing
Dimensions to Meet Demand
of Growing Congregations.
Ground probably will be broken for
the new Methodist church at Sunnyside
within the next month. According to
the report of the building committee
subscriptions to the building fund are
coming in in a most satisfactory man
ner. The building committee is com
posed of the following well-known
men: Herbert Gordon, president; Dr. W
... j-im, vice-prpmneni; a. u. FTaley.
f,re'V'eAPt0rtland Jrust Company, treas
t : " V,Vey ,W- A- zoinRer, secre
tary. J. Allen Harrison, Fred Oppen
lander and J. F. Newell and Rev. w T
Euster. the pastor, who is one of the
well-known church builders of the
country.
Mr. Euster has effected a most thor
ough organization of all the forcea of
en, VJM t0 Stftrt Wlth- He haS ""t
enthusiastic support from the entire
membership, which means a great deal
in financing so great an undertaking.
Erection of this fine edifice means
much for feunnyside and for Portland
as it will be a model of church architec
tural beauty.
A n inn her nf-ne, .
. ' " icoiucutvs are n e -
I ing erected at Mount Tabor, and others
lil'ti. . ? Piannea. The Mount Tabor
Methodist people are preparing to erect,
in the place of the present building on
the Base Line road, a modern church
.in 'i.i iSf. W,U Cost between 10.000
B.na 1 5.000. AirAaritr . j . .
portion of the money has hAAn .k
scribed and plans will be drawn In the
near future Th i.-.J .
. rv v i-'ii uuara ana
HVXLI-J:.- McDoub.11. hope to
i ZL unaer way in May.
Also the Preshvtet-ior. r-i u.
buuiui, located
on Belmont street, is getting In shape
year cnurcn aurlng the
Ground has been broken for another
magnificent church edifice, to be erected
on East Pine street, between East Elev
enth and East Twelfth streets, for St.
Francis Catholic Church. Architect A
II. Faber. who has been working on the
Plans for this building, says the details
have been completed and that the base
"!.!nt T!" be constructed at once. Soon
a26r Ft.her J- H- BIack- the rector
returned from his trip to the Holv Land
two years ago he commissioned the
architect to prepare the plana for the
nTuedlfiC6 that was to take the place
of the frame church, that had become
to small and unsuited for the growing
congregation. ,He gathered manv ideas
during his trip by inspecting churches
and cathedrals, which will appear in
time ln the new edifice.
,oTh? bul,dlnS -will be 96 feet wide by
I ,4 '"f, .lonf. taking up practically
all the half block on East Pine street.
PHOENIX
IRON WORKS
Engineers, Founders,
Machinists aud Boilermakers,
Balldlng and Structural Work.
WE 'MAKE
Fire Hydrants, Log Hants, Cast
Gear, Hydraulic Glanta, Water
Gate, Lumber Truck, etf.
Hawthorne Ave. and East Third
PORTLAND, OR.
BUNGALOWCRAFT
KTi5f-".nd bo,k on Bungalow
B. J,I" ,4r- PaB 8x11 inches,
5 J iy, "lutrted. large clear plans with
2.??rip,ions nd estimates. Rouses from
0 to $3000. Bungalow doors, windows,
fixtures, etc., mantels, buffets, fireplace.
The most complete and practical book on
the subject: Indispensable to every home
builder. Price $1 post paid
TKE BTOGALOWTBAIT CO.
Q3 t nam her nf Commerce. Ixs Angeles, CU
5
Today. See Page 14.
Jl.
1018 Board of
ine ground has been cleared of all
buildings and some excavating lias been
none, out now the work on the founda
tion and basement will s;o forward ln
earnest. Brick or stone will be used
Ln l,oediBc' that matter having been
decided on.
The style will be German Gothic, and
We
M
RAILWAY
Announce the opening of the
new Interurban Line between
Portland and Burlington.
Schedule commences Sun
day, April 18. Cars leave
Chamber of Commerce build
ing at 6:15,7:15, 8:15, 9:15, 10:15
and 11:15 A. M.; 1 o'clock, 2:00,
3:00, 4:00, 5:00 and 6:00 P. M.
Fourteen miles of beautiful
river scenery, Columbia and
Willamette rivers; overlook
ing the mountains.'- Special
Sunday rates.
NEW CARS
Stops at Cliff Inn, Whitwood
Court, Glen Harbor, Linn
ton, Harborton, Millers and
Burlington.
REE
-TO
TO
TODAY
VIA THE NEW UNITED RAILWAYS LINE
and 1 to 6 P. M. Ask for ticket
- 1 1 v'li l rtx l nillB.
In addition to the scpnic beauty and the elose-in-on-the-West-Side lo
cation ot this tract, mountain spring water is beine piped to everv
lot. The new sub-station will furnish electricity for vour home and
telephone lines are ready to he connected. "
Lots $200 up Acres $350 up
$10 Down and $10 per Month
HEP ARB
AGENTS
Trade Bldg. Branch Offices at Harborton and Linnton
w.ii be one of the mnt . . i
iMiurcnes in Portland. A to the cost
Father Black said that he and the
building committee desire to keep out
of debt as far as possible. However,
the first cost probably will be at least
$50,000. and -perhaps more. The interior
decorations of the church will he a mat-
ED
RIDE
TrNN yv TF8 ZSvV iP5!sv era
WmJJ (I )) ff V
at Dawson & Koberts, 272 Stark st.
All the mountain peak.'?.
The Columbia and Willamette Rivers.
St. John. Vaneouvcr ani Portland.
The streets we have lai.l out an.l are gradinc-
hat perfect soil for gardening nnd'fruitraisins.
How the streets fnllnw- Hi .,.,i.. n..
& HARDY
llPi?fJyeJrB- Father Black said that be
. . cnurcnes during liu trip in Eu
rope where the work of decorating had
-?nRO nK n tor a eentury. and had
not bein completed. Architect Faber
remarked that Interior decorations of
HOME SITES ON
ISE WILLAMETTE
wirbo iTre e,,"Vninf than a horee on the banks of the river,
hlh f u fl green lawns, gently sloping to the water; a perfect
talVtSSSSSrT fine old trees' gentle' co1 breezC3
RIVER WOOD
(The Old White House Property)
combines all of these qualities, and besides, it is only 16 minutes ride
from town, two stations on the property, and nearly every city
convenience. J J
BETTER NOT PUT IT OFF IF YOU ARE INTERESTED
It Pays to Sec Us.
CHAPIN
&
Phone Main 1652.
The new electric line brings within 20 minutes' ride from city the
BEAUTIFUL SCENIC DESIRABLE
GLEN HARBOR
Loi 50x100 and larger; from $225.00 to $500.00, with improvements
TAT l"T 7 b"K i"staIle"3-- Restrictions. N-rSeSJSo Is
Take electric car at 3d and JSfark sts. Sunday morning. Car stops at
GLEN HARBOR
GLEN HARBOR REALTY CO., 836-80 Chamber of Commerce Bide
Phone A 1568. . .
M. J. WALSH CO.
i.'tw church might easily cost
$100,000. There will bo a full basement
In which will be located the social club
rooms of the parish. The church will
probably be ready for dedication within
a year.
HER LOW
332 Chamber of Commerce.
LIGHT
LUXURY
In Colonial days candle
sticks were prized for their
utility and artistic lines. "We
have embodied all their
quaint beauty in these spe
cially designed electric light
supports.
Where an atmosphere of
subdued and unobtrusive ele
gance is desired, we advise
this artistic selection.
Salesroom
311 STARK STREETSalcsroom,