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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (March 13, 1910)
5 mm IE STTXDAY OREGOXIAN, PORTLAND, MARCH 13, 1910. AU University Land Co. The directors of the University Land Company have instructed me to close out the business of the company as soon as possible. This company has been in business for IS years, and we have all grown old since we com menced business.. Now we have concluded to leave the field to others and settle up our business. Every lot must go, and go soon. Our prices! and terms will make them go. "When this prpperty was put on the market 18 years ago the company reserved from- sale several blocks of the best property. The reserve blocks must go now also. Make up a syndicate among your friends and buy one of these blocks. This is your opportunity and probably your last opportunity to get choice lots at the great future business center on snch terms, and I am certain you will never again get them at such prices. Study the Picture See the location of the numerous mills, factories, shops, docks, works, railroads, where thousands of men are now employed and where thousands more will receiyo employment before the year goes round. You will observe that University Park occupies the center of this great hive of industries. Each enterprise has its cluster of settlement, but it will soon resolve itself into one compact whole, with University Park as the com mon center. Five Hundred Thousand That Portland will have 500,000 population in 1912 I do not believe. That Portland will have 500,000 in 1915 is not probable, but when Portland shall have, 500,000 there will be 200,000 people clamoring for loca tions on the Peninsula. It will then require many tall buildings to accommodate this large nnmber of people. More than are shown on the picture. "When this condi tion comes to pass no lot can be bought for less than $100 per front foot. Many lots will sell for $1000 per foot. Do you doubt that Portland will have 500,000 in 10 years from today? I don't, donbt it for a' minute. Then it is absolutely certain that there will be huge fortunes made by those who have sense enough to buy a few lots at University Park before this closing sale is completed and holdthem jonly a few years. PRICES AND TERMS Our prices are much lower than is asked for similar property on the Peninsula. Our terms are one-tenth down; balance ten dollars per month, without interest to those who pay when due or before due. If you can show that you are earning enough more than a living to pay for one or more lots and desire to buy before they are all sold we will arrange to make the cash pay ment easier for you. v llSStf? SfSS-S-B ftJfLP TWENTY X WSseSi IL YEARS HENCE . ff- ( -WSS I r 6.7COMHERC.AL BLOCK I & PORTLAND OREGON 1 THE FOLLOWING ARE THE NAMES OF THE CONCERNS NOW LOCATED ON THE PENINSULA SURROUNDING UNIVERSITY PARK, AS THE PICTURE SHOWS: 1 Vault and Metal Works, 100 men. 5 Union Stockyards, 100 men. . 9 Leache's Foundry, 25. 13 Iron Works, 100. 18 Lumber Mills, 350. 2 Safe and Lock, 100 men. 6 Packinghouses, 1000 men. - 10 Food Products, 25. 14 Sawmills, 150. - 19 Standard and Union Oil. 3 Tank Factory, 50 men. , 7 Monarch Lumber Mills, 300. 11 Woolen Mills, 350. 15 Veneer Works, 100. 20 Lumber Mills, 150. 4 Wood Pipe, 300 men. 8 Pitchless Lumber, 50. 12 Flour Mills, 25. 16 Drydock. 17 Cooperage Works, 350 21 Flour Mills, 200. If you -will bring to my office this page of this paper I will give yon five pictures like the above, free, in five colors, on a triple-sized postcard, folded and clasped, ready for your message to a friend. ROOM 617 COMMERCIAL BLOCK .o SECOND AND WASHINGTON STREETS PORTLAND, OREGON FARMS demand Deals Are Closed for Large Tracts of Oregon Land. WHEAT ACREAGE IS ACTIVE Holding Near Lents Brings $83,400. Extensive Properties in Morrow, Sherman and Gilliam Coun ties Are Transferred. The Columbia Valley Realty Company, of Goldendale, Wash., .has purchased the entire tract of 139 acres known as the "Suburban Homes Club Tract" from the TVhitcomb Company, of Portland. The purchase price was $600 an acre or a total consideration of J83.400. The deal was made through the agency of the Moore Investment Company, which will handle the tract for the Columbia Valley Realty Company under the name of the Everding Home Tract. The land is one mile from the city limits on the O. W. P. line at Gilbert Station near Ients. Through the tame agency other large deals In acreage were consummated last week. One was for a tract of 860 acres in Sherman County which was bought by J. M. Yocum, of Sheridan, for 124, 000. The second deal was for 1900 acres in Gilliam and Morrow Counties, which was purchased by C. A. "Whitcomb from Frank Aldrich for a consideration of JG6.000. or $35 an acre. This ln.st place Is a well-Improved farm, largely in cul tivation, and the price Includes this year's crops, teams, farm Implements and tools. All these sales were made through the agency of the Moore Investment Company. Mr. Moore says there are more people looking for wheat land this Spring than at any other time for the last two years. Especially Is this true in the sec tions where the sales just reported were made. The high price commanded by wheat is attributed , as a reason for the present great demand for wheat lands. A fine dairy ranch of 100 acres located on the Lewis River, three miles from La Center, was purchased from Mrs. Mary H. Keed by A. E. Chlsholm for $7000 inn is a wen-improved place, the pur chase price including all the stock and implements. The sale was negotiated through the aency of Chapln & Herlow The firm of Kauffman & Moore last week sold a tract of 680 acres located near Buxton in Washington County. This is a tract of excellent fruit, land and was bought by a local Investor, who will sub divide it. from J. B. Wilkes and W. W. Paine. The land is partially improved, having a good orchard and several build- . Ings. J. C. Lubec purchased 12V4 acres located on the Salem Electric line at Broadacres from D. W. Hutchinson, Postmaster at Washougal, for $2500. The tract is all under cultivation and la improved with a house and farm buildings. The new owner will take possession this Spring. VXION-A VENUE PRICES JUMP Trading on East Side Street Reveals Increased .Values. R. A. Jones; of Glendale. has purchased llStxl20 feet at the northwest corner of Union avenue and Morris street from feter Nelson for $16,000. This property is occupied with four good residences, but the comer is vacant. Mr. Jones will im prove the corner with a two-story brick business" building in the immediate future. The sale was made through the agency of Goddard & W'iedrlck. This sale is an index of the increase of values along Union avenue. At the first of the year Mr. Nelson, through the same agency, bought this corner for $14,- 500. Although it brought In a rental of but $S0 a month, it was at once again in demand with the result of the sale at the Increased price last week. The prop erty has its larger frontage on Union avenue. Another sale on Union avenue was con summated through the agency of the same firm last week. This was for a lot on the west side of Union avenue, 100 feet south of Alberta street. It was purchased by Helen T. Duncan, of Uma tilla, from George W. Munshower for $5000. The property is 50x100 feet and is occupied by a good six-room residence that bring in a good rental. Goddard & Wiedrick also sold a house and one lot on Roselawn avenue, between East Sixth and East Eighth streets, to Pauline Hendricks from G. S. Harris. The price was $3800. .The purchaser is a new comer and bought the house as a home. A notable fact of all these East Side sales is that the purchasers in each instance are people from outside of Portland. WORK TO START ON Y. M. C. A. Sellivood Branch Organization Will Have line Structure. Work will start on the new branch T. M. C. A. on Spokane avenue and East Fifteenth street, Sellwood, about April 15, provided weather is favorable. This is the purpose of the executive commit tee, which met yesterday afternoon and went over the plans as prepared by Mac Naughton & Raymond, architects. Some slight changes were made in the details, but on the whole the plans remain prac tically as first drawn. The structure will be of brick. A. N. Willis, Dr. D. A. Thompson, R. Ij. Blossom. H. C. Klxott, F. Bauer, J. W. Caldwell, and H. L. Green are the general building committee. A. N. Wills, Dr. Thompson. H. L. Blossom and Dr. F. A. Brown were made the sub-committee to have direct charge of the erection of the building. Dr. Brown is from the City Association, and was a member of the building committee which looked after the new Y. M. C. A. and he was placed on the sub-committee so It would have his advice. MacN'aughton & Raymond will superintend the erection of the build ing. Cost is estimated at $16,000. SECOND PLOT IS READY FIRST QUARTER OF IjAUREJj- HURST ABOUT SOLD. Fine Section Bordering Park Now to Be Placed on Market Sales Have Been Heavy. The continually increasing demand for the more highly-improved residence lots brought sales for this class of realyt up to a high ' total last week. In Laurelhurst sales were so numer ous that, with the close of business Saturday, almost the entire 718 lots which comprise that section now on the market were sold, and only a few scattering pieces remained. The Laurelhurst Company is prepar ing to place & new section on sale. This comprises blocks 44 to 67 and the entire southwest corner of the tract, extending south from East 31isan street and east from Thirty-second street, and comprising blocks 68 to 96. Both these sections comprise the pick of Laurelhurst, and improvement work will be followed with all possi ble haste. The Ladd Park of 31 acres lies in the heart of this southwest sec tion and the streets have been laid to conform to the proposed driveways in the new park. East Stark street, from East Thirty third to East Thirty-ninth streets will be the most beautiful residence sec tion of Laurelhurst. For these entire six city blocks Laurelhurst has been platted into only 18 lots, with a front age of 100 feet and 180 feet depth. These lots all face the park and have a building restriction of from $7500 up, and compelling houses to be set back 50 feet from the property line. The improvement work in Laurel- burst is being followed rapidly these days. The paving company has in stalled its large railroad asphalt plant on the grounds and has already deliv ered several cars of asphalt there in readiness to commence laying the as phalt in the streets. Water and sewer pipes are scattered throughout the tract and the work of installing them will be commenced this week. Over 75 teams are engaged in the work of grading and leveling. Contract for Home Is Let. ' Architects Whitehouse & Foullhoux, who drew plans for the Old People's Home, to be built by P. J- Mann, at East Thirty-third street and the Sandy road, have awarded the general contract to Gardner & MeLeanan. .The plumbing contract went to Williamn & Beggs, wiring to the Evans-Dickson Company and the heating to the Kendall Heating Company. Henry Reimers has the con tract for excavating the basement and the concrete work. Work of construc tion will be started at once. Osborn Hotel to Be Remodeled. A. Mark has secured the contract for remodeling the lower portion of the Osborn Hotel, corner East Ash street and Grand Avenue, which was recently purchased by D. Lewis of J. H. Baylor for $50,000. Cost of the repairs -will be $10,000. PLANT TO COST $50,000 FIVE-ACRE SITE SOUGHT FOR WAGON FACTORY. Architect la Engaged to Draw Speci fications and Peninsula May Be Location. The Northwestern Wheel & Wagon Company has commissioned Wenzel TVitsche, a Sunnyside architect, to prepare plans and specifications for a factory, powerhouse and office "building, to be erected this Summer. Several sites have been offered, but It is considered prob able that a tract of five acres near the Swift plant, on the Peninsula, will be selected. The plant when equipped will represent an investment of $50,000. The main building will be 300x100 feet with lull concrete floor, in which will be located the wood turning mill, blacksmith and paint shops. This factory will be equipped with mod ern machinery the power for which will be electricity. The powerhouse will be 82x60 feet and will have a reinforced concrete chimney 120 feet high. The office building will be 28x28 feet. Besides these buildings there will be a warehouse.. This company was incorporated for $500, 000, and will manufacture a sectional wheel that is the invention of C. L. Thompson, president of the company. The matter of site will be 6ettled within a few days and contracts for the build ings let. PLANT SOON FINISHED NATION All WOOD PIPE COMPANY begins Work april- i. Site of New Factory Near Kenton, on . Peninsula, Means Added Busi ness Impetus to Vicinity. The plant of the National Wood Pipe Company, which purchased a large tract on the Peninsula, near Kenton, as the site for its factory, is now near lng completion, and the company ex pects to start operations on or before April 1. The plant stands just north of the Columbia Boulevard and west of the electric railway extension of the Swift plant. For the main factory there is a building, 300 by 100, covered with gal vanized iron. . There is another build ing, 350 by 70 feet. Both buildings are of the Howe truss construction and are not obstructed by columns on the inside. . Two . large concrete dry kilns, 50 by 100 feet, are being com pleted. A building for the generating plant has been erected, and a 800-horse ppwer Atlas water tube boiler installed. An Allls-Chalmers engine and 35 Allls Chalmers and Fairbanks motors have been installed. All the machinery will be operated by electricity. The company will employ about 150 men to start with and the capacity of the plant will be at the start about four loads dally of pipe and tanks. The company will manufacture all sizes of wood pipe from two to 12 Inches In diameter. It will take about 5.000.000 feet of lumber and 2000 tons of steel annually. The plant is considered one of the most important Industries that has been established on the Peninsula. A 25-acre tract, recently purchased by the company, will be used for homes for the operatives in this plant. EASTMORELAND SALES MHGE Homcscekers Buy Locations In New Addition on East Side. With the opening of the beautiful Spring weather the sale of lots in Eastmoreiand, the new home addition in the southeast ern part of Portland, has been especially large. The addition has been extensively advertised, and with the location of the Reed Institute in the heart of the tract the owners have only awaited the better ing of weather conditions for a heavy Bale, and this Is now being fulfilled. Up to date many sales have been made and already many of the buyers are planning to build homes. On Wednesday nine lots -were sold on Alvarado avenue between Bybee avenue and Knapp street, and nine lots on Lewellyn avenue between the same streets. On the same day two lots on Wlllshlre avenue between Lambert and Rex avenues were sold, and two lots on Wlllshlre avenue between Bybee avenue and Knapp, as well as three lots on Al varado avenue between Bybee and Wlll shlre avenues. The Thursday sales were also heavy. Five lots were sold on Normandy avenue between - Rex and Knapp. five lots on Wlllshlre avenue between Rex and Knapp, seven lots on Iroquois between Rex and Knapp, and two lots on Bybee were sold. Wednesday's sales $32,000. alone totaled over TTie collection of a pound of nectar re quires 33.000 foraging- expeditions by the bee. J I' ST KEADY FEB. 25th. 1910. California Bungalow Homes The newest, best, most practical and most comprehensive Book of the Bun galow; 300 illustrations of the beauti ful bungalows of Los Angeles, Pasa dena and environs: exteriors, floor plans, interiors, mantels, buffets, doors, etc.: costs and descriptions. Homes costing from $350 up. Price one dollar, postpaid. The Bungalowcraft Co., 403 Chamber of Commerce. Los Angeles. Cal. BIG PLANT ON PENINSULA WILL BEGIN OPERATIONS ABOUT APRIL 1. X -s- 0 vs. T X Vt fT mfi fr!i:x'S:,: , ""'"""'Wrvi si ' .-cn-.;."- c' .... : v. ;: ' . s -V.JWV ' C4i -w(S r. ' , , - 'V. aiW" . ' Mr.- . . . x- x v sX- x-." xrx ocxc - "jiMiMnr i in i i i I NATIONAL WOOD PIPE COMFAX'S JEW HOME. LOOK OVER The sales in Overlook are nearing the $200,000 mark for this year so far, and every day brings better returns. New homes are starting all over the tract and everything is moving lively. Prices will advance in a few days. Buy before they raise and save that much. See for yourself. Transfer to Russell-Shaver car and LOOK OVERLOOK OVER Overlook Land Conip'ny 207 Burnside Street, Portland, Oregon. v . tit5 51 i - , "J-ts -I tLJ--f-r s-- -sw The above, thoroughly modern, hot - water - heated dwelling, located on magnificent view point on Portland Heights, must be sold account failing health of owner, who leaves early. Equal opportunity seldom offered. Call for particulars. JACKSON & DEERING, 246 Stark Street