The Sunday Oregonian., April 16, 1911, SECTION SEVEN, Page 8, Image 78

TIIE SUNDAY OltEGOXIAy. PORTLAND. AFRIIi' 16, 1911.
A
EAST SIDE HAS
GREAT REVIVAL
March Shows Gain of 100 Per
Cent Over 1910's Building
for Same Period. '
APARTMENTS IN DEMAND
Blany Manufacturing KUiblltimrnt
I'rt-fMirlnK to Kwl Plant tn
(rntral Part of Kast Portland
in thr rar Iulurr.
taurine Mtrrh. ;i hulne bulldlna
ere atarted tn (nlrl Kt Portland
and AIMna. wt:l-h are II more than
rr trt-J in Marrh. I10. Kor Jan
uary. February and .irch. 1911. 51
bulnr hou were b-Kun on the
Central Kat le. and for the uni
months -f li. 3 bulne h"iic wera
started. Purina; Msrch. 111. the Italn
over Is loo per rent and fr-the
first three mont!a of 111 tli italn ovr
119 Is 20 Ir cent.
In new resiliences JTT wera started on
the Kast Sid in Marrh. 1I1. and for
tlie past thre months. JannaaJ. b
4 r'iry and Marrh. T wer. started.
Tliere Is but a ilrH aln In residence
over tor this ear. the total num
ber of resMem-rs beirun durlnjc the first
three months of 110 betna- 7S. aa
a(1init T4 for t'.ir ram time In 1911.
i In the matter of business s nouses tha
main portion started so far this year
i" on the t-entrul Kant Side were apart-mrnt-honseji
and Pats.
The most pretentions bulldinjcs under
way on the K.ist jtl-le at preent are
' t:re elirht-story buil'ltna of tfe John
Teere F'low tonpnv. Kst Seond and
Kal Morrison streets. I3'i.""; annex
t. th N;ional fold sstorave I-e
Company. rl Water and Ka.t Stark
frets. Jio.ooa: J. II. Caitwriitht and
a. latrs. lirsnl avenue anil KM 'i
jtret. 7J.. W. 1. .Mortar. Klel'lner
Jt Ituyre. lirand avenue and Hast ."turl
street. J-'1).'""'-
The last two are business and apart
. tnml b'lilrtmes. A slx-try nioilern
; vlasj A ilMlnr Is to be erected on li'
northeast rorner of ;rand avenue and
Kaet Ptne street, by IMatt . 1'l.ilt. who
. have lejerd the quarter M.clc there for
I". years from W. f. Isralnard. Also
Stanley Holse. who have leased the
quarter block at the southwest corner
' of Kast Sixth street and Hawthorne
avenue for SO years, will erect a mxl-
rrn building; next yenr. or. as soon aa
plans are drawn. They pay ,thoma
lltslnp. durln tie life of the IMssj: an
t accreaate of $joo.oou In rent, asl then
turn over the bulldlnea tothe heirs of
;' Mr. Iltslop.
Apartmrnl Arc Profitable.
Those who have built apartments and
flats on the Kast Side have found them
profitable Investments. One apartment.
', at Kast Couch and Kast V.lKhth streets.
lias pitld almost from the time It was
opened an averaae of 1" and IS per
vent on the money Invested
At the present not le than in flats'
. and apartments are under construction
in fentrai Kast Portland. The fart
wrlcht building on Grand avenue will
' be for a hotel a&ove the first floor.
Also the Moriran building on f.rand
avenue wltl be divided Into apartments
and offtrea on the upper floors. It is
j found that th e rlas of bulldlnars fill
( up rapidly as soon aa completed, the
tipper part carrying the Investment a
lone; time before the other rooms find
occupants. In spite of the many apart
ments and flate erected the supply baa
not srone In advance of tlie demand for
mall apartmenta. and It may be con.
Idered certain that the district be-
tween the Willamette River and Kast
Twentieth atreet will soon be com-
ptetely taken up with apartmenta and
flats. Practically all the new bulldlnars
la this territory are flats or apart
ments. The Hawthorne Park. Ktna.
, Buraman and Laurethurst Additions
are the tarirest tract remaining In
Central Kast Portland which have not
yet been built up. but development Is
arolna- forward In the fine of attractive
tomes. Close in the property has be
come too valuable for homes- and hence
people are going out Into the suburbs.
Prpwtle Wholesale IMMrlot.
Investments In Central Kast Portland
lave been found attractive and profit
able. However, ownera of warehouse
property are not generally In the mar
ket with theTT holdings and few sales
liave been made between I'nlon avenue
end the river this year. It is conceded
' that the future development of the
sjrarehouse and wholesale district tn
Central Kast Portland depend on the
outcome of the movement for a freight
. depot and freight facilities. wUh has
been started by the Kast Side Business
il-n s Club.
tietween It and 1 blocks nave been
f: td up to basement level and the
streets to gr.de In thl district be
tween Kast Morrison street and 111
thorn avenue at an average cost of
' 11. per block. Wholesale houses
of Portland will concentrate on these
aant blocks when there are faclll-
' tiea for hand ins: freight, and the great
roet of hauMng across the bridges to
the North Portland freight depot la
, eliminated entirely. Already the fen
, tral Kast Side has the main Implement
. business of the Northwest, and at
the last meeting of the Kast Side Busl-
nrss Men's Club It was announced that
. a large firm had decided to locate a
' wholesale grocery business tn Central
- Kast Portland.
: Making Permanent Improvement.
Many of the Important streets In
Central Kast Portland are to be paved
ti year. Including Kast Morrison. Kast
Water. Kdat Washington and Kast
' trk.
, '.arrahee street and Mississippi ave
nue are being paved for two mile
t through the heart of the territory along
the river and through Alblna. The
street railway company 1 relaying Its
; tracks on Mississippi avenue at a cost
r-f about $15. 00'). Inside of five years
there win be a complete network of
permanent pavementa laid connecting
' all sections, and soon thereafter all
macadam and gravel street will be re
placed. Laarger projects In Central Kast Port
, land Include the erection of the !V0tt0
home for the Northwest Pental College
In Holladay's Addition, the ITS.000 stone
" edifice by the Westminster Presbyte-
Tlan Church. Central Christian Church
on Kast Twentieth and Kast Salmon
street costing 1100. On. Sunnyside I'on
i gregatlonal costing IjO.nOO. the Sunny.
- side Methodist costing :.000. the
chair factory ar.nex of the Duernbech
. cr Furniture Company. Sullivan's Clulch.
' costing $'. 0w: Jennings A Sons build
' Ing covering a block between I'nlon
and Orand avenues. Several other Im
. jMvrtant atructures are projected and
. -will likely be erected during the year,
v Including a slx-atory fraternal build
ing by Multnomah Camp, No. 77. Wood-
. men of the World.-
HANDSOME NEW HOMES ADD TO ATTRACTIVENESS OF EAST SIDE.
v B W ': I Li ; M z : :
' j --'-'aw m. a X. S -saav
' . X ass.
.'i.AV'-- r.
"a : SIL.
tzyu.lt ' - ire.-..-- - A ' h .. s? - . --3L
ROAO AIDS REALTY
Operations Active Along Mount
Hood Line.
VALUES ARE ENHANCING
..-LJ.""- r-. ..4. ...... "f ' i
-' mi" 'l'1" ' " " it V
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VALLEY WILL GROW
Railway Provides Means for.
Tualatin Development.
AGRICULTURE IS SUPPORT
Fertile syiil anil Agreeablo t'llniale
.Make Sta tion Attractive for New
Stll-r anil Portland (.Ives
Market for Products.
While the territory tributary to the
United Hallways between Portland and
Panks has developed rapidly In the last
few years, owing to the presence of the
rail line, the completion of the rnnnel
through Cornelius Gap early in the year
has made real estate In that section es
pecially active.
The country Is peculiarly adapted to
agricultural purposes owing to the fer
tility of the soil and the agreeable cli
mate, which glvea It early Springs and
late Falla and plenty of moisture the
year around. Its proxlmtdy t the ocean
alway has made this strip of land val
uable from a commercial standpoint as
future trade channels through the tnfr
dtum of a seaport" town always were
more than a mere possibility..
Hut Portland Is the natural market
for all producte of that Immensely
wealthy region and with ample rail
fa-IIitles this city will become the
clearing hou for great quantities of
hay. grain, dairy products and live
stock, to say nothing of the almost In
estimable amount of timber that re
mains standing on the Coast Kangn
waiting to be cut. In order to clear
the right of way for the railroad ex
tension west of Hanks, the present ter
minus, much valuable timber had to be
cut. The belt thua pierced by the elec
tric line extends for many miles up and
down the Coast and averages 40 miles
la width.
Towns Spring; 'p.
Many Important towns have sprung
up along the railroad, since It was
opened for service, and many others are
destined to come Into being out of the
necessity of having adequate stations
for handling the marketable material
of the country and to supply the con
stantly Increasing population with Its
daily needs.
Both Burlington and Banks are im
portant trade centers and will grow
rapidly as the country develop. At
present North Plalna seem to be the
most active town on the line and daily
1 coming Into more prominence.
Land In that vlrlnlty has taken on
added value through the completion of
the railroad and town lots are selling
with wholesome regularity.
North Plains is the metropolis and
the natural trade center of the Tuala
tin Valley, one of the oldest and beat
cultivated sections of Oregon. Several
of the largest and best ranches tn the
vicinity of the town have been ac
quired by enterprising capitalists and
have been divided Into town lots and
Into tracts of from one to 10 acres. The
town site of North Flalns has been liild
out. with streets graded, some side
walks laid, water and lighting system
provided for and a depot erected. More
than a core of houses have been built
there, or. are In course of erection. An
active commercial club has been organ
ised and is aiding materially In the de
velopment of the community. Four of
the main county roads pass through
this settlement and their natural ad
vantages has been seised upon by the
promoters of the new town In making
them the principal thoroughfares.
The town Is dependent wholly at
present upon the agricultural resource
of the lurroundlng country for Ita ad
vancement and development- All It In
dustrie, present and 'contemplated, are
dependent either upon the luad or the
railroad for advancement. A cream
ery, a cheese manufactory and a num
ber of lumber yards will be among the
most active establishment. Plant
to manufacture clay products also have
been provided for. Mercantile houses
arc being established as fast aa they
are needed and in time a substantial
business district will be one of the fea
tures of the place.
Business property, as well ns resi
dence lots, have sold readily for the
past few months.
Not only has the town experienced a
wonderful activity In real estate, but
the adjacent furmlng country for miles
around has enjoyed the same whole
some boom. Within a radius of a few
miles of North Plains are sn.noo acrea
of fertile soil. 3.000.000.000 feet of fine
timber and several thousand acres that
can be devoted to fruit culture.
Within a few months Banks, which
npw la undergoing a transformation
through the presence of the I'nlted
Hallways will become a place at Im
portance equal to that of any other
town on the road. It also Is favorably
situated and Is destined to become one
of the leading ajumber centers tributary
.. Yl. . f t t n .1
This territory rapidly is filling; up I
with settlers. When the roan is ex
tended to Tillamook Bay. which Im
provement Is promised for the present
year, the Importance of these places will
multiply and the influx of home-Beckers
will become greater.
Heretofore large ranches have been
the rule In that district. Absence of
transportation facilities made It neces
sary for the farmer to cultivate largo
areas to make his work profitable. Now.
with a railroad at hand, the small tract
can be worked to equal advantage and
with perhaps greater profit.
It has heen sredicted that within the
next few years all the large holding I
In Tualatin Valley will disappear and
that the few farmers who have lived
and prospered there through the last
two or three generations will give way
to hundreds of email landowners whose j
presence will develop the towns and en
hance the value of the property.
Krult growing will become an Impor
tant industry in Tualatin Valley. Al
ready It Is practised quite extensively.
The country Is peculiarly adapted to
berry culture. Many tract recently
have been sold for this purpose.
The number of sales In this addition
demonstrates the demand for property
west of the bills which is sheltered
from the cold Kast winds and yet hav
ing all the advantage of hlRh eleva
tion and the rural view. As a further
evidence over 20 homes are planned to
be built this Spring, several of them be
ing now In coutko of construction. This
number will probably be swelled to 50
bv next Kali.
Mos.t or Sales in Acreage for Grow
ing ' Fruit and Gardening Jn.
Small Way Limited Serv
ice Is Promised.
Real estate along the line of the new
Mount Hood Railway has been ex
tremely active since actual operations
were started last year, and when trans
portation starts the sales promise to
become more frequent with a constant
ly Increasing valuation.
At the edge of Montavilla, just over
the boundary line 'of Portland, a num
ber of desirable tracts have been ob
tained by local dealers and are now on
the market at attractive figures. They
are being sold in town lots and in
acreage. Most of the sales thus far
have been in acreage to persons who de
sire to do gardening and fruitraising
in fc small way. A number of Portland
business men and others who work In
this city have decided to take up their
residences along the Mount Hood line
as soon as the cars start running. The
company has promised limited service,
which will make the time between
property adjacent to the city less than
from many point within the city that
have slower service.
Farther out along the line farm prop
erty and larger orchard tracts have at
tracted buyers. Land that sold two
years ago for 30 an acre now is bring
ing 1200 an acre without many addl
imnrnvements. One notable in-
.. . that of J. G. Glover, of
Portland, who bought property neat
Bull Run. adjacent, to the railroad.
Other transactions on the same basis
could be made, but the owners are re
luctant to sell, it saems.
With the completion of tho railroad
the values are expected to enhance, and
the rjrices will go up accordingly.
Not only does this road pierce a
highly productive section, but its scenic
advantages are such as to make the
land attractive to the homeseeker who
wants an ideal spot upon which to Jive
durlnc the Summer On tne nign
ground overlooking Bull Run or Sandy
Rivers are many tracts that can be di
verted into homesltes. and already
Portland men are buying these with
the intention of erecting bungalows
there, where they may spend a week
or where their families may remain all
Summer, enjoying the advantages of
country life, yet being in close prox
imity and ih constant touch with the city.
The territory adjacent to the big res
ervoir which the company has erected
Is considered desirable for orchard
tracts, and a number of recent inves
tors are preparing to engage exten
sively in fruitraising The ground Is
fertile and well watered, but is too
hilly for agricultural purposes This
condition will not interfere in the least
with successful orchRrdlng.
SALES ARE INCREASING
Irvlngton and Alameda Park
trlct Show Illf Gains.
Dls-
For more than a year real estate
sales have been numerou In the Irving
ton and Alameda Park district. Build
ing progress has corresponded. The
ridge, to feet In height, which ex
tends from Alameda Park to tha Coun
try Club has been attracting more and
mora attention as a location for resi
dence. Alameda Park, being located on this
ridge. Is elevated above surrounding
property, and splendid views of the
mountains and part of the city are
obtainable from it. The property Is
bounded by Fremont "street on the
south. Fast Nlnteenth atreet on the
west. Kast Thirty-third street on ths
east and Prescott atreet on the north.
Th Broadway car line was recently
extended to this property. Track
were laid on Eat Twenty-fourth street
from Knott street north to Regents
Irlve, thence through Alameda Park to
the corner of Kast Twenty-ninth and
Mason streets. The loop was completed
from the corner of Twenty-fourth and
Fremont streets west to Twenty-eo-ond
street and south to Knott treet
This new line give the Broadway car
a terminus In the heart of Alameda
Park.
ADDITION HAS FINE VIEW
Tualatin View Park Lots In Big De
mand at Present.
Tualatin View Park, consisting of 30
acres. I three blocks west of Zlon
station on the Portland Heights car
line, and only 25 minutes' running time
from Third and Washington streets.
The property has 1400 feet frontage on
th Scholia Ferry road and extends
south of the road about the same dis
tance. The elevation at the road Is
about 900 feet, being only 100 feet low
er than Council Crest. The slope Is to
the south on a very easy grade, each
street being, a few feet lower than the
street above, which afford a prac
tically unobstructed view from each lot
of the beautiful Tualatin View Valley.
The streets have been graded and re
taining walls will not be required on
a ooscn lots In the entire addition.
appeals to the man
who wants some
thing different
Laurelhurst is undeniably Portland's most exclusive and highest-grade
residence park.' It is ideally located within fifteen min
utes by car from the shopping center of the city and is in the center
of a district where nothing; but handsome homes can be erected.
Laurelhurst is provided with every improvement essential to
the comforts and luxuries of a refined home. Its streets and side
walks are parked and paved; perfect water, sewer and gas systems
are installed and shade trees and curb cluster lights line all of its
streets. Besides these improvements it has the finest private park
in Portland. i
Laurelhurst is known s Portland's premier residence property.
The cheapest house that can be built in Laurelhurst must cost $2-00.
while the restrictions in most of the tract exceed this sum, the
maximum being $7500. '
With such restrictions the lot-buyer in- Laurelhurst may be
assured of never being annoyed by undesirable neighbors; only
people of refinement and culture can afford to live in this section
of the city.
Laurelhurst lots are the lowest, in price $900 and up, 10 per
cent cash and 2 per cent a month; 15 per cent discount to builders.
Extra discounts to buyers of more than one lot.
MEAD & MURPHY, Sales Agents for Laurelhurst,
Are prepared to handle first and second mortgages for builders
in the tract.
Downtown office, 522 Corbett Bldg. Telephones, Main 1503, A 1515.
J. H. DELAHUNTY, Agent at Tract.
Telephone East 989.
IRVINGTON
The close-in, highly improved restricted residence district of Port
land. Look at it, investigate its advantages and you will then
understand why it is destined to be the choicest and most val
uable residence property in the whole city. It is now selling on the
easiest of terms, at prices which are only a fraction of its value.
Lots 50x100 $1250 and up
Terms, 15 per cent cash and 2 per cent per month.
A. R. DIAMOND & CO.
210 Railway Exchange Building,
Or Irvington Office, Corner East 13th and Knott Streets.
MEXICO!
HERB IS THE WAV WE PROMISED YOU, W HEREBY OV CAX
HAVE THE PROFITS FROM THE RICHEST USD IX
WORLD WITHOUT GOING TO MEXICO IMMEDIATELY.
THE SANTA CLARA RANCH CO.
Four hundred forty-seven and one-quarter (447.251) of rich
black sandy loam, on tne minmun or lenuaniepec. i ( s
Mexico; two miles from National Tehuantepec Railway, four miles
from Ojapa Station: three miles from Oluta (2400 people); three mile"
r sin AAA ,.ri- milpa frnm KnrnnilK(,l) (1500): eievallOn
about 450 feet, four ever-runnlns brooks or fipi ing water cruaa ."
n 1nr.A n-lilnk la 1 roA.nllArlfTS 111
nctivfs working land on shares, raising; corn, beans, yuca, bananas
ana tobacco; Rood roads, right on the main Patolman road. All under
fence has a 100-foot shed used for curlnfr leaf tobacco.
'ow planted and arrowing on the places
35.000 rubber trees nearly two years old.
nO.HOO rubber slips in nursery ready to set out.
20,000 coffee trees (planted in with rubber trees, using latter for
shade). -3.500
banana trees (18 acres in all on the place).
150 tnango trees.
400 cacao or chocolate trees.
4,000 Spanish cedar slips in nursery ready to set out.
L'lf acres tobacco $150 per acre (table $250).
2to acres corn $26 per acre (table ?ia)
'l8 acres bananas $67 per acre (table $250).
.$ 3.000.0ft
,. 1.200.00
. . 9,200.00
lemons, limes, grapefruit).
.1,000.00
5.000.00
4.000.00
2,000.00
2,500.00
et returns first year
Extra planting first year:
40 acres bananas.
20 acres pineapples.
1M; acres citrus fruits (oranges,
40 acres Spanish cedar (16,000)
Second yeart
20 acres tobacco. ...........
200 acres corn
, 58 acres bananas
20 acres pineapples. $150 per acre table $800)
80 acres coffee, $30 per acre (table $200)
t returns second yenr $17,500.00
Tlilrd year:
As above $17,500.00
Bananas, $100 per acre (table $750) add H0,0'?'!
Pineapples. $200 per acre (table $8001 add i'SS'?-??
Coffee, $50 per acre (table $200) add l.pOO.OO
Vet returns third year 2 1 ,800.00
As'aboe6.": $21,800.00
20 acres citrus fruits $100 per acre (table $250 $j50).. 2.00U.00
Net returns fifth to elurhth year Inclusive 23,800.00
Asnioovea": $23,800.00
35,000 rubber trees, 50c per tree (table $1.50) 1., 500.00
returns ninth rear 4 1,300.00
Is-aboVe" """! $23,800.00
Rubber (full yield) $1.00 per tree (table $1.50) 35,!!!12?IJ
3,000 Spanish cedar, $10 per tree 30,000.00
xet H8,xno.oo
Note thV'f'igu'rVs" in' pVre'nt h'e'ses which are taken from a table of
"Normal Expectations" Issued by. the Department of Agriculture. Our
own figures are given first. . , .
Mr. Hathaway and Mr. Rabb took an option on this land at $1i.00
per acre, and the title is now being examined by a Mexican attorney,
preliminary to submitting it to the Land Department, Mexican Gov
ernment, for ratification.
Total price $7603.27, attorney's and transfer fees extra.
The plan of Incorporation Is as follows:
Capital stock .25,000 shares, par value $1.00 per share.
To incorporators 16,000 shares at 5"c per share, $8000.00.
In treasury 9000 shares at company's disposal.
This 9000 shares mav also be sold for development money, if
stocknolders prefer, or may be distributed pro rata as a stock divi
dend. ,14V.
There is no promotion stock; all charter members go in at the
same rate, viz: 50c per share, in real money, which is placed in escrow
in bank until attorney's report on title is received and until the com
panv has its charter and officers are elected.
This is a proposition that a promoter would never offer you, It is
founded on bed rock, we all go in at actual cost, and every dollar put
into it will be returned the first year, and will pay from 100 to lOOOi
each year thereafter. )
Subscribed to date ." fi"0 shares $3,000.00
Spoken for but not tied up 4000 shares
RABB & PATTON
LAM! IX MEXICO.
31118 LUMBERMEN'S BLDU, 5TH AND STARK STS, PORTLAND, Oli.
'
GATE
WAY
OREGON
Gateway is a new town on the Deschutes Railroad
(O.-W. R. & N. System).
Located in Northern Crook County, 90 miles south
of the Columbia River and 14 miles north of Madras.
Gateway is surrounded by one of the most thickly
settled and well developed communities in Eastern
Oregon.
That Gateway will become a town of great im
portance is doubted by none who know the country
adjacent thereto.
The natural resources of the tributary territory
assure Gateway of becoming one of the main ship
ping points and distributing centers on the Des
chutes Railroad.
The altitude being 1-100 feet makes a very health
ful climate and frost is unknown.
An abundance of pure water can be had at a
depth of 30 to 60 feet.
The opportunity awaits the banker, the merchant,
the professional fraternity, the home-seeker and
investor.
The trip up the Deschutes Canyon is one of the
most beautiful sights in the Northwest.
For particulars address :
GEORGE NORTHRUP & CO.
Phone Marshall 3066 411 Spalding Bldg., Portland, Or.
PHONES: MAIN 6914, HOME A-2815
The Lawrence Company
(Successors to The Dunn-Lawrence Company)
ESTABLISHED IN 1887
Real Estate
And Financial Agents
BUY AND SELL REAL ESTATE
LOAN MONEY AT LOW RATES
Funds Carefully Invested for Non-Residents Cor
respondence Solicited Houses for Rent
or Sale on Easy Terms
248 ALDER ST., PORTLAND, OR.
A
S