The Sunday Oregonian. (Portland, Ore.) 1881-current, January 01, 1911, SECTION THREE, Image 39

The Sunday Oregonian., January 01, 1911, SECTION THREE, Page 9, Image 39

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Newspaper Page Text9 OUT THE KNGC KNOC I axxi nil r i LET US SHOW YOU HOW TO MAKE A FORTUNE IN FIVE YEARS THE STJJTDAY OKEGOXIA5, POKTXATTD. 1, 1911. 5? B 1 Net Profits The net profits on real estate investments is the increase in value above the interest on the investment, taxes and assessments. This increase in land values is said to have formed the foundation of nearly all the great fortunes of the world. Land values on the Peninsula have made an average increase of more than 100 per cent per annum for the past ten years over the price of ten years ago, and the future never looked brighter for an increase than it looks today. Ilere is an opportunity for you to get the net profit accruing for five years on choice, lots at University Park, the center and best part of the Peninsula without having to pay down more than a small fraction of its present value. Speculate on Our Money We will sell you the best real estate on the Peninsula at the lowest prices quoted on the market for only enough cash down to guar antee your good faith in the transaction and nothing more on the purchase price for five years. "We will give you a deed and take a mortgage on the lots for the balance due in five years, interest seven per cent. By this plan you will get the increase in value for five years without being required to make any pay ments. Think of what lots will be worth on the Peninsula in five years. i ENOW THIS MAN? Zsmt a rujD r iijtx Aor ro BiY ftAl. 37ATS iS YFAKS AGO I I kvOUtJi HAV MAD A A4 oS I ENOUGH TO CHOXE HCJVSC . 8VT jrj too re aow. Ttvose CI5SSD ?Airr SiHAffPS HAVE V fok Ttis Asxr FrrY yx?s tr jm y? a azes 4jM"r J 64 & -4 PSCS- O AJEAL 37Tf &ve ZAKi AGO J' HAVE 3EEM mCHSH TrtAAf MUAi WLi-j JT'S TOO I i.AT ASOVj At -Tfi GOOD. rHMGS IIS -w v ' -J j t f IE M " ' 1 S V V J I . .. . . - .X X - T - - -'ta tmtt i iMjr r o- r . t -Oregonian, December 30. I i .- Bear in mind that no other part of Portland has a brighter prospect for a big increase on value than University Park, the center of the Peninsula, which is only in the beginning of a great future. No limit there to where values will go. Remember the man in the cartoon. COE A. McKENNA & CO. A 2143, Main 4522. 617 Commercial Blk. Second and Washington Sts., Portland, Or. A Bushel of Gold The man who was offered a bushel of gold if he would carry it away at one load, ans wered: "It is a good thing, but it is too heavy for me." The answer shows our predicament. , We own more than 1000 lots, clear of debt on the Peninsula. Three sewer districts, five miles of hard-surface streets, extension of water mains, 'concrete walks, grading and everything on the move will heavily increase the value of real estate, but, like the man with the bushel of gold, we need some person to help us to carry it. We will give you part of the gold if you will help us to carry the other, part. The interest you will pay us for five years will help us to carry the 900 lots we de sire to hold. Sale Begins January 15th We will not allow you to take more gold than you can carry, therefore, we will not sell more than 100 feet frontage to one person on these terms. ' We desire to give as many per sons as possible this chance to make some money. Sale will begin January 15, 1911. No lots will be sold before that date. Only 100 lots will be sold on these terms. If you are interested, register your name at our office. First on the list will receive first attention. Applicants are likely to be more than the num ber of lots for sale. PAVING JOBS MANY East Side to Spend Millions on Streets in 1911. SEWERS WILL BE BUILT Cxtalve and Costly Improvement Projected in All Section. From Peninsula to Sell wo xi Many Mile of Hard Surface Due. Estimated rest of new pavement for ItU on the Cut Side already run up Into the millions. William avenue la to be paved between Morris and Al berta street at a cost or 174.000: East Morrison atreet. between Eat Water and Cnlon avenue. :.00O: Congreea atreet district In Swinton. I3S.4T1: East Thirteenth and Clinton streets. $3$. : Mason street district. $113. 8S: Knapp-street district, near MUwaukle. $11,000: Union avenue south of East c;y. 115.00: Hawthorne avenue, be streets. $;,50: East Salmon and East Ferty-flrst. Slo.lM: Union avenue, be tween Alberta and Bryant streets, esti mated. $10.000: Ktlllngsworth. Mvn Union and East Forty-first, estimated. $203,000: Mount Tabor district, esti mated. $:00.00: East Second street, be tween Hawthorne avenue and East Oak street. $4f.t0: Grand avenue, between East Grant end Ellsworth streets, esti mated. taCOuO: MUwaukle. between Hoi irate and Nehalera streets. Sell wood, estimated. $150,000: Westmore land district, estimated. $10,000. Paving under contract and not yet finished Include many mllea on Lom bard. East Morrison. MUwaukle. Dl vlalon and Schuyler streets. East Ank eny street Is under contract for hard surface pavement between Union ave nue and East Twenty-eighth and East Twenty-eighth between East Stark atreet and Sandy boulevard will he paved next year. It la hoped to get Pandy boulevard paved from East Twnty-ela;hth street and the city lim its $0 feet wide. It Is under contract between East Twenty-eighth and East Sixtieth streets. All tbe streets In the Buckman tract between East Twelfth and East Sixteenth, will be paved In 111. Woodstock streets are all to be arraded and aldewalks laid In 1911 at a cost of about $30,000. Sewer districts under contract and projected for 111 will also run up Into the millions. Those under contract are th Hola-ete-Kenll worth extension of the Brooklyn district. ' $104,000. and Riverside. $140,000. Prospective dis tricts are the Sullivan's Gulch section, for which a sewer will cost $!T5.000: the Peninsula district, between Ktll-lnc-swortn avenue and Columbia boul evard: Union avenue and Willamette River, estimated cost. $250,000; West moreland Sell wood Woodstock dis trict, which takes In the territory eouth from Brooklyn district, estlmat d at $300,000. PORTLAXD MAX IS HONORED C. M. Demmrr, Now Gotham Archi tect, Win Prle. In competition with a number of archi tects of New Tork City, the design sub mitted by Clarence M. Demmer has been accepted by the manacament of the Adams Express Company for their New Tork building. - Tbe new that Mr. Dem mer had been successful in the East was the cause of much pleasure around tbe City Hall, where he waa formerly em ployed, and among th friends of hi younger day In Portland. Mr. Demmer spent th early year of h's life In this city. He was employed as a draftsman at th City Hall for a number of years, and Is a brother of Hilton A. Demmer. now engaged with the City Engineer. C M. Demmer bas been located in New Tork since January, 19u. FIXE RESIDENCES BUILDING Mrs. Floyd T. Campbell' House In Unburst to Cost $10,000. Many residences of a high class are be ing built in Elmhurst and among the finest Is that for Mrs. Floyd J. Campbell, now neartng completion, and wtll cost $10,000. The building is constructed of clal.) J. M. Isham. agent for th Southern Pacific at this place, waa tried and found not guilty yesterday upon a charge of assaulting Al Teal, a vendor of hot tamales. The trial waa the out growth of the railroad company to pre vent vendor from peddling at . th train. Teal a few weeks ago was tried in the same court for trespassing and was acquitted and aa a conse quence the situation 1 still unsolved. Snowsllde Kills Four Italians. TURIN. Italy, Dec SI. A very se ver Winter, with heavy snows, is causing many disaster, especially In th Province of Cuneo. where railway communication has been Interrupted. Many avalanche are reported. One burled a house near Tenda. in the Maritime Alps, killing four persona and Injuring two others, probably fatally. FRUIT SECTION NEW Tualatin Plains District Now Being Planted to Orchards. one of the most prosperous signs of fu ture activity. Not alone In orchard culture, but for growing livestock and for gardening, many hundreds of acres are being cleared and brought under cultivation to assist in supplying fast growing needs of Port land'a population! NEW HOME Or ADAMS EXPRESS COMPANY IN NEW YORK, AS DESIGNED BY FORMER FORTLANDER. i, i i '' - Js " . M rrv i i ELECTRIC LINES BIG HELP It f&T t&BZ&T AAKMTT3SCT two-piece roncrt blocks of a new type which are ruaranteed not to admit moisture. The plaster Is placed direct ly on the blocks without studding or furrowing. Tbe house Is ornamental In appearance and Its dimension are $6x40 feet, two full stories high with attic. An exter- In. ,,,.- I- . nnn)i I9t1A ft The basement Is occupied by a bllllard-rootn. ; with large fireplace tnd by the cola storage room and heating plant. On the first floor are the reception hall, large living-room, library, dining-room, breakfast-room, buffet kitchen and lavatory. The si-cond story is occupied by four large sleeping apartments, an outdoor sleeping porch and bathroom, contains three rooms. B. F. the architect. The $(000 residence being Elmhurst for E. E. Llllle. tendent of equipment for the Hill lines. will be completed within 30 days. J. H. Adams and family have Just moved Into their new $4000 borne. The attkJ DUley 1 built In superln- Depot Agent Found Not Guilty. GRANTS PASS, Or, Dec. 31. (Spe- Constructlon of Railway Into Ter ritory Closely Tributary to Fort land Cause Xevr Awakening. Growers Form Organisation. Within a radius of 15 miles from Port land, various tracts are being developed for planting to orchard. Tualatin Plains, which general term seems to Include that territory from tb bill above Buxton to th confluence of the Tualatin River with th Willamette abeve, Oregon City and all th rolling, fertile country between, including the Hlllsboro and Forest Grove sections, is coming more Into prominence a a fruit growing section by reason of excellent result attained by individuals who have either cleaned up old, neglected orchard or brought newly planted trees Into full bearing -successfully. Practical results secured by these growers la prompting organisation of Washington County owners, who eee in what their neighbors have accomplished good prospect for the future develop ment ofthe orchard industry. Washing ton County fruitgrowers met yesterday at Hlllsboro to organise an association for promotion of the Interests of or chardista in that district. It ha been commented that consider able proportion of the acreage devoted to orchards in the Hood River district ia owned and operated by professional men In Portland and other cities of the North west, whooe ventures have proved profit able. This tendency on the part of profes sional men as well as wholesale mer chants and others Is becoming more ex tended as tracts In the Immediate vicin ity of Portland are becoming available. Opening and extension of the two elec tric lines the United Railways running north and west, and the Oregon Electrlo running southward provide access to such lands as are desirable and fitted for orchard purposes. Washington County was the scene of many of the earliest settlements in the Oregon country. In some localities in that county there still are standing orchards over 50 years old. whose gnarled and weather-beaten trees are a menace to modern methods, infested as they are with fruit pests and diseases. These con ditions a well-organised Fruitgrowers Association largely would assist In re moving. Such support given to the work of the horticultural commissioner will be effective in securing . a general clean-up of old and diseased trees and the dangerous product therefrom, and will encourage new plantings and enforcement of spraying regulations. Several Portland professional men have been making inquiries and buying land wit'a a view to planting orchard tracts near to Portland on land declared to b fully as productive and as well adapted to orchard growing as the more cele brated fruit lands along the Columbia. These lands are nearer market and more eaeily accessible from this city, and can be had at prices ranging from $60 to $400 per acre. Interurban carltnea are rapidly increas ing population in Washington County and the present "awakening" Is considered ; Roller Deeds Land to Wile. NORTH YAKIMA. Wash., Dec 31. CSpeclal.) Tbe name of Dr. B. F. Roller, of Seattle, appears on a docu ment filed today with the County Au ditor of Yakima County, deeding a half section of Wide Hollow land to bis wife, Troy Helen Roller. The doctor seems to have been very busy when he signed the deed at Chicago, December 6. 1910, for the number of the town ship Is omitted from the description of the land, although the section and range numbers are given. Miss St. Clair Resume Journey. HOOD RIVER, Or., Dec. SL (Spe cial.) Mies Alberta SU Clair, who la touring the United States to win a ranch in Wyoming and $1000, arrived here yesterday from Tbe Dalles on her cow-pony. She excited much comment and left today on her Journey to Port land. Miss St- Clair put her horse up at one of the local stables and cared for him as well as any horseman.. TRACT IS ABOUT READY HAWTHORNE PARK PIAT TO BE PLACED OX MARKET. Property Offered to City for $150, 000 Now Worth Much More. Streets Are Opened. Hawthorne Park has been platted by the Hawthorne Estate, and all the streets have been opened. Extensive Alls are to be made and the streets are to be Im proved with hard-surface pavements. This tract lies between Belmont street, Haw thorne avenue. East Ninth and East Twelfth streets, and comprises 18 blocks. Some bouses have been built In the tract on East Twelfth street. That part of the property between East Salmon street and Hawthorne avenue was offered to the city for $160,000. and Its purchass for a park was strongly advocated. The city held an option for several years, but did not take it up. East Tenth and East Eleventh street are opened through the tract, and . the un opened streets east and west are also to be opened by filling the gulch. The tract is the largest vacant piece In Cen tral East Portland, and has rapidly in creased in value since the city dropped Its option. One of the main features of tbe plat ting of Hawthorne Park will be the fill ing up of Asylum ravine, which extends through the park from Belmont street to Hawthorne avenue, with an average width of about 150 feet. It will be an expensive piece of work to fill It up, but the great value of the property will Jus tify the expense. Petitions for hard-surface pavements on the streets in the park will be filed later, and the improve ments will be undertaken next year. . While many people1 have not ceased to regret that the city failed to secure part of the land for a public park, yet all will rejoice that the streets have been thrown open and that the property will be placed on the market. The tract has a history. It having been the site of the first asy lum for Insane persons in Oregon. The land is now worth at least $20,000 a block, which would make Its total value $360, 000. A Matter of Preference), Exchange. Depend on what you know yourself; not on what some other fellow says he, knows. To date more than 800 practice! aero, plane have been built In France. APARTMENT-HOUSE TO COST $100,000 AND PAY INCOME OF 15 PER CENT. AMERICAN APARTMENTS, NORTHEAST CORNER OF TWENTY-FIRST AND JOHNSON STREETS. One hundred thousand dollars will be expended by the American Realty Company In the erection of its first apartment-house, which will be built on the quarter block at the northeast corner of Twenty first and Johnson streets, and it is estimated that the Investment will net 15 per cent. Frame houses that formerly stood on the ground have been removed and building operations will be begun this week. The building will be five stories high with basement, the main entrance and court fronting on Johnson street. The exterior will be faced with standard-size brick of light shade, with metal cornices and belts and plate glass windows and doors. The entrance court will be a special feature. It will be 22 feet wide and 58 feet deep to the entrance, which is approached by wide steps to the marble vestibule. The vestibule opens into a spacious lobby facing- the electric passenger elevator and main stairs, and flanked by the ladies reception and men's smoking-rooms. The apartments are so equipped that each one forms an individual tome, -with private lifts, phones, and out-door balconies. The service for the building will be complete, with public and house phones, postofflce distributing station, electric and gas, refrigerators, steam heat and well-ventilated laundry with patent dryers. Particular care and attention have been given to light and ventilation, as well as to easy and quick access to all stairs and fire escapes, there being no less than five exit on a floor.. . W. B. Bell Is the architect. , . , - . - .