The Sunday Oregonian. (Portland, Ore.) 1881-current, July 16, 1911, SECTION FOUR, Image 49

The Sunday Oregonian., July 16, 1911, SECTION FOUR, Page 9, Image 49

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Newspaper Page Text9 EASTERN SEEKS CAPITAL VIEW SHOWING DEVELOPMENT IN DISTRICT NEAR EED COLLEGE GROUNDS. P rorevtr Endowed wtthWealYh an? Wttdnm Presence of Outside Investors i Is Preliminary to Big Transfers. INSIDE REALTY WANTED THE SUNDAY OREGOXIAX, TORTLAXD. JULY 16. 1911. SW - at ,M i imm aa. u ,an 13 laTJ T Ml saw t,Ty -A mi .TV V 1 PORTLAND . , ( .; s.;; ; -. . ; -: . ,-. - .. a--,-,- . ' - ..'-.; -; .,.... -; : :- lira Broker Receive Inqalrle-e for Vain. able Property Sales of Acre aro Keep Tp Permit Make Blf Showing. While th warm weather of the paat wak had a depressing effect on th roluma of raal estate transactions, there wara several larva da!a started which. If closed up. will set a new rec ord for mid-Summer trading. It V ur- prising to learn bow Eastern raj Its'- is sacking Imtitmect in Portland and la other parts of the state. Ona promt- KHIiB markabla aaowlna- Portland baa bca maklna- In all llr.ra of irrowth. Theaa oico ara conaiderlr.ar tha purctae of In-, is proprry iff refrtiiair a ioiki tiiu ation of ona of tha lta'.. It la doclarad. will ba c!od tomorrow. . Aaothar firm io Dcvottatlec (or East ara laraatora for an cotira biuak In tuo buitncta dlatrlct. Another outM In- vaator haa under conatdratlon tha pur. chaaa of a half block valued at IwO.OO). That aoma of taa bla; dal wi'.l ba cocaurnmalad thara la no doubt In tha I intnda of tha brokara. Tha point to ba mada la thla connactlon la that thera ara many paraona In Portland with large aurca ltn Idia in tha banka who do not eacra to bava aa much confidence la the city and faith In Ita tremenrfoue future aa foreign capttalltta have. Fre. guantlr la heard Ct.e coneervatlra ad monition that tha city la overreachlni Itaelf. Ona haa only to atudr every phaae of tha local altuatlon and to com pare conditio 1 with thoaa of other Im portant commercial and aMpplng can- tara to dlaabuaa auch view, held by aome or tha nemr-a.armlrta, prominent aealera believe. Box Fartorj Buj Site. Thara were no lama deala cloaad la the week, but there waa brlak trading- In bulldmir lota, auburban property, acreare and farm landa. Tha ebaence of many peraona from tha city In the vacation period la alwaya to ba taken Into consideration. For that reason im portant deala that have beaa poodles; cannot be cloacd up until the return of the prlncipala. Tha Multnomah Trunk Jt Bay Com pany bought from the Penlaaula Fac tory Sites Company last week a tract of eight acres near tha Monarch Lumber Company', mUVs aa a ete tor a new factory. T.a constJeratlon was $IJ.. Tha 0aJo building will be 71 by 300 feec O. C. Peiton and S. E. Vi'rann. prlnclral itorkhoMera in the coacara. announce that construction will be started on the plant at once. Until recently, the company operated a plant at beaside. but on account o the failure of the sawmill thera. from which the company secured ita lumber supply, the factory was forced to dls continue. The factory haa been dl mantled and a part of tha machinery win b brought to Portland and used la tha new riant. Purchase by Arthur P. Tim. aa at toraey. of eight lota la Turner Heights for ilt.oeo, waa one of the Importan deals in rasldanca property last week The ground fronta on Rarenavlew drive and Is quite valuable because of its scenic location. Tha buyer plana to construct fine dwellings on the property. Building Perm Ita Climb. J. R. Kaseherg Is having plana drawn for a four-story hotel building to bo erected at Washington and Lucratla streets. The exterior will be of pressed brick. It will have a frontage of 71 feet on Washington street and 71 feet on Lucretla street. The first story w!M contain rooms for store purpose. The upper stories will he occupied as r.oteL The cost will be S40.000. The contract f r the construction has been let to Morgan. Flledner A Boyce. A pleasing feature of the week was the volime of business recorded In the building Inspector's onTU-e. There were 141 permits Isaued. Involving total outlay for buildings of lljS.ISa. This Is eonsldered a remarkably good snowing tor midsummer. The largest permit IsjusJ was for the three-.tory dormitory to ba built I or loiumoia i niversity. It will cost 147.000. Ona of the fine dwellings for which a permit was Issued, that In to be erected Immediately, will cost $''. 40. It will be built for C. I. Gintn reln. Clrruit Judre. ard will be located la East Twenty-fourth street, between Lincoln and Grant streets. The week's permits are aa folloars: Permits. Valuation. Ifoedav T.ty 'dn.4ay Tauraday . rn'Ur ... atarday . Totals i 2; 3 .V 5- 21 Ml J l'-.:..- HI HIJIM .144 .VU.;.j BflLDING TO COST $30,000 Korrell A Krdon Three-Cornered Structure to Rise Soon. Work haa been start ed on the Kor rell It Cordon building by the Port land Engineering & Construction Com pany. The building will be trlangular a.lapcd. and will have three atorlea and a full basement. It will have 140 feet frontace on Washington street. 146 feet oa Morrison street. 60 feet at the rear and will have only seven feet frontage oa Ella street. The eiterlor will have a pressed brick exterior. The first floor will con tain seven rooms for store purposes and will front on Washington and Morrison etreeta. The two opper stor ies will be fitted up for a hotel and will contain Hi rooms. The struc ture is to be completed. In 0 working days. It wtll coat about 130.000. 1L J. Hefty Is the architect. Canby favor Highway. CAXBT. Or.. July 14 Special ) Canby people are much Intaraatad la the proposed new Salem-F'ortland high way, and will lend their efforts to make It a success. Canby is on tha moat traveled route through the Wil lamette Valley, and this route, known aa the old state road, can ba Improved at much less expense than any other. Clackamas County haa already built aome substantial macadam roada from Oregon City towarda Canby. and there are other etretchaa that aave feeea well Improved In the last few years. The linking together of theae Improved stretches of present good roads can be doae nuclt cheaper the Ik laying out .of new road. J- T- -v-a" v,' LAYI.VU OV TRACK PIlRIIWFImiHFfl UnllLIIlL lU IIUUIILU Ladd Estate Builds Branch to Serve Eastmoreland. FAST SCHEDULE PLANNED Work Begins on Improving Streets W'lOi Hard Surface Material. Special Plant J n Mailed Fine Dwellings Being Built- in accordance with Its announcement of a few weeks ago. the Ladd Eatate Company has begun the construction of a carllce to acrve tha residents of FatmoreUnd and Westmoreland. Tha grading haa been completed and track- Uylcg is under way. The line Is about ona and a quarter miles long and will connect with the bUwood carllne In Mliwaukle street. It extends through Westmoreland along Bybee avenue Into Eastmoreland and terminates In Thir ty-second atreet at Re avenue. Ta rn m nl.ra thi. vnrk In record time tha Ladd Estate Company decided to I i eliminate the d.eaya consequent to let- ting contracts and getting t.: work I starred by contractor. Thrtorm they I appointed their own engineer. Paul A. bchuchert. who t.as brought together a fully equipped construction organiza tion. Further to facilitate me worst. Mr. Schuohart began construction sim ultaneously at both end of the line. The Illustration shows the line enter ing Bybee avenue from Mllwaukle atreet on a long curve. Thla curve allows the cars to make the turn at full speed. To make way for the curve the fine masonry pillars and arch at the entrance to Westmoreland bad to be demolished. Because of their tortuous routes, the proposals to extend the Woodstock or Brooklyn care to Eastmoreland were rejected. Instead, the Sell wood line waa choeen. as it proceeds in almost direct diagonal Una from Eleventh street at Hawthorne avenue to Seven teenth street at Bybee avenue. Visitors and students at the Reed College in Eaatmoreland will use this Eastmoreland car. Present schedules call for service that will never be less than one car every 15 minutes. The ears. It la planned, will be labeled "Eaatmoreland." with no stops for th greater part of the run from the city and will make the trip in 20 minutes. The construction of the track and over- bead equipment Is In accordance with the standards of the Portland Railway, Light A Power Company. As soon as the paving between the rails Is completed the asplialt paving of all the streets of Westmoreland will i PLACDTQ OF ' " 11 -I "vr ! i a : I ' . ';-ia t.'- . l-. ICU'AOWT: v ? . 2 " ; w-'.-Sa GIGANTIC GIRDER, S3 FEET LOAF, WEIGHING S3 TO.VS, IS IV STALLED. With tha Installing of the immense steel girder In position Friday, one of the Important steps was taken In the construction of the Pantages Theater building at the northwest comer of Seventh end Wash ington streets. The girder Is ft feet long, eight and one-half feet high, and wlghs 2S tons. It Is the larg est single piece of etructural steel that haa ever been used In Portland. - Although the contractors, McRae brothers, have been delayed nearly three weeks because of the non-arrival of the ateel for th building. It Is announced that the structure will be completed by October 1, the t'.me when the contract expires. A penalty of ia day Is to be paid for every day after that date in the event the bluld.ng Is not completed. One of the features of the building ie that there will be no oolumns to obstruct the view from the rear of the parquet. The columns will be eliminated by the use of the Immense girder. The plans for the structure were designed by Emll bchacht Son. FOR EITK.X IO. OP CAR LI . 12 THROUGH EAST.MOKELAAD. be begun by the Independent Paving Company. In Eastmoreland the asphalt paving will be executed by the Barber Asphalt Company. The magnitude of tha work requires a complete special plant and this has already beeq shipped from their headquarters in the East. The carllne will cross the tracks of tha Southern Paclflo on n viaduct 1400 feet long. The site of this viaduct Is shown In the middle distance In the Illustration. In the background to the left appears the Reed College campus." The fine residence In Westmoreland of C. H. Hellhorn, sales manager for Jennings at Sons. Is In tha foreground to the right and on the left the at tractive bungalow of E. A. Clark, gen eral manager for F. X. Clark, who is the sales agent for both the East moreland and Westmoreland proper ties. BUILDING TO BE ALTERED Homo of Women of Woodcraft Too Small for Working; Force. Remodeling of the Women of Wood craft building on the southeast corner of Tenth and Taylor streets will be started at once by Lamont & Walsh. Among the lmprovementa to ba mada will be the addition of another story to the eaat wing of the building. Much of the interior will be altered and remodeled. By the new arrange ment additional space will be provided for the office corps of the organisation. The Improvements will cost about $10.- 000. Ik Williams is the architect. NEW CHAPEL ATTRACTS t-Vlt JC -MJt-.MOlilAIv TO REV, GEORGE II. ATKIXSOX. Building Costing $9000 Will Completed Soon Dedicatory Exercises to Be Held. Be Work Is progressing rapidly on the chapel of the Atkinson Memorial Con gregational Church at the northeast corner of East Twenty-ninth and East Everett streets. It will be completed and will ba ready for dedication about the middle of August. The church own a quarter block and the chapel stands on the Inside lot. It will cost 17000 exclusive of the furniture, which will Increase the cost to about 19000. The quarter block Is valued at 14000. The chapel which is being completed is part of the main churoh to be erected on the corner lot and In which the auditorium will be located. It la con sidered certain that a large church will be needed at this corner. The property, which was formerly in the name of the Portland Congregational Missionary Society, has beea trans ferred to the Atkinson Memorial Con gregational Church. The name la In honor of the well known pioneer Con gregational minister. Rev. George H. Atkinson. Rev. Herbert O. Crocker is the present pastor. STEEL TOR PANT AGES THEATER " "W ' " " " i i i m i ') " '5 -r t ? - '-"it V-. . - . .. -.. ' j I - Jt- sr NATURE MS LAVISH High Bluffs on Peninsula Ideal for Homes. LAND TO BE IMPROVED Beauties of District West of Walnut Parle Recognized by Mrs. H. E. Hamilton, Who Plana Unique Development. naa Deen lavisn in scenic en dowments in many spota near Portland, but one place In particular where it cheerfully showered largesse of Its beauty la the district on the Peninsula Just west of Walnut Park. Here Is a plot of ISO to 200 acres situated on a high bluff which has been held almost intact since It was acquired by the Eliot, Gammons, Burrage and Beach fam ilies many yeara ago. Although thickly wooded, the altitude is such thai one can have a fine view of the Willamette and Columbia River Valleys. With ita proximity to the two rWers, the air current are cool and refreshing. j nose who reside In this district declara that during tha warmest weather It I comfortable and TeBttul Dace. Of the holdings there only one has been Im proved, being that of Seneca C. each. His property consists of several acres, and is In a high state of cultivation. One of the first of Portland's newer arrivals tp recognise the atractiveness or mis location is Mrs. H. E. Hamilton, proprietress of the Calumet Hotel. Re cently Mrs. Hamilton acquired several tracts, aggregating over 60 lots, nea Arbor Lodge, which she Intends to im prove. Included la the Improvement plans win ba an 'Inside park block on which ui many of the natural trees will be conserved a possible. Large blocks will be provided to reduce the numbe of streets to a minimum and incident ally to keep the cost of street Improve ments as low as possible. When Mrs, Hamilton's plans are well under way, it is expected that other property owners In this district will dedicate land for streets and make similar improvements "After looking over the city, I decided to invest in property on the higher part of the Peninsula beyond Walnut Park." said Mrs. Hamilton. "The height of the ground, tbs rich soil, the view overlook ing the two rivers, the refreshing air currents and the natural beauties of the location are factors which impressed me wonderfully. In time I believe that this district will become the exclusive rest dence section for the people of Kenton and the manufacturing district of the Peninsula. "There Is a great future for the entire PROGRESSES. nnii.i.m . It X"'xfj. if - -jm eal &Z7'WA- 1 i 'V : 'M IN; Orthografy ill accordance Peninsula. The lower ground will be gradually utilised for factories while the higher locations will be Improved and occupied, by homebulider. The property owners on the bluffs are beginning to realize this situation, and in the near future I look for an immense develop ment there. 'On account of the rapid growth of the district, improved streetcar service will be demanded. The present St. Johns line is very Irregular. It is expected that the line will be straightened out in a short time. If this is done it will aave at least 10 minutes between the business center of the city and the end of the line in running time." In addition to her holdings - on the Peninsula, Mrs. Hamilton baa acquired property in otner parts of the city. She has Implicit faith In Portland's future, believing that Portland Is destined to become one Of tha greatest cities in tha United State. i i i, i, .i .. I DAIRY BUJLDJXG IS JPEAXXED Struct are for Oregon Agricultural College to Cost $30,000. Plans are being drawn by Bennes & Hendricks for the three-story dairy building for the Oregon Agricultural College at Corvallls. The exterior will be of brick and stone and the floor of the first story will be of concrete. On the first floor, there will be lo cated mllkrooms, churnroom, refriger ator, separator, cream, cheese and washing-rooms, besides the general of fices. The milk testing laboratory, classrooms, lecture-rooms and shops will occupy the second and third floors. The cost of the. building is esti mated at $30,000. The building will be thoroughly equipped and. it is be lieved, will be one of the most modern plants of the kind In the country. Apartments to Cost 82 0,000. A three-story apartment-house will be built by P. S. Hallock at the south, west corner of Twenty-sixth and East Ankeny streets to cost about $20,000. The building will be 44 by 00 feet in also and win contain 19 apartments of two and three rooms each. The inte rior will be of slow-burning; mill con traction and the exterior will be of plaster on metal lath. It will be equipped with important conveniences. BaHding Lots gold. In the Institute Place, at the corner r East Twenty-eighth and Holgate treets, an addition of it lots, several sales have been made. Christopher Hagelln, who purchased a lot in this addition, has started the erection of a ome. Alice Moldenhauer purchased a lot in the addition for $770. JpIVE years ago a f' ;'ff up hebwli 4 fiiW home. and five thousand lit rnoaey. Much k . pride and satis factioh residted. ' He and his family werle happy - ala$t hutf it lasted just a v year. First, a Fiat building iprang'up ia" i , the adjoining block. Kext a, moat . ter Apartment house overshadowd ' - hi Me porch, . A Store started on - v the corner. More Flafcj-J and Apart ' ments foUowd until he iVas squeerd in between high brick walls! . T . V .. . J" The J3t straw was t&e opening J a Garage! At that he gave ima Garage! At that he gave got out, in search of breathing space and an untainted at mo s fere. ONE THOUSAND HOMES in Portland today the Owners are -waitm - "LAST STRAWS To trt I ajr "Watch &iUaQr eland NoV io a Homi-Iovingr community, wit poitire hi rar&aee ajalnst all menaces to health &nd happZaeas. Fixt Mad graduated Price hsit $750. , v; -v- vrith reebmmendationx of Simplified Spelling Board, N. Y. SEVENTH STREET LOOMS SEW RETAlJj BrSIXESS TRICT PREDICTED. DIS- Location of $1,000,000 Postoffice on Block S Causes Activity Among Property Owners. With the payment of 1540,060 for block S for a Poetoffice site, there is renewed speculation over the situation that will follow In realty devejopment in the vicinity of Seventh. Eighth, Flanders, Glisan and Hoyt streets. Whilo it Is not expected that the $1,000,000 structure will be completed within at least two and one-half years, there is bound to bo considerable ac tivity In the district now that the loca tion ' of the structure is definite and final. Added to this factor there is to be taken Into consideration the Broadway bridge and of the rerouting of a large part of the East Side ear system. In view of these Important developments property owners on Seventh street seem to be alive to the situation. A movement haa been started to widen the street from 60 to 80 feet from Burnslde to Hoyt street to conform with the width of Seventh street above , the Burnslde-street intersection. ' It 1b reasonable to conclude that What Ails You Do you feel weak, tired, despondent, have frequent head ache, coated tongue, bitter or bad taste in morning, "heart-burn," belching of gas, acid rising m throat after eating, stomach gnaw or burn, foul breath, dizzy spells, poor or variable appetite, nausea at times and kindred symptoms ? ' If you have any considerable number of the bore symptoms yoa are suffering from bilious . - ness, torpid liver with indigestion, or dyspepsia. Dr. Pierce's Golden Medical Discovery ia made up of the most valuable medicinal principles known to medical scienoe for the permanent core of such abnormal conditions. It is a most efficient liver invigorator, stomach tonic, bowel regulator and serve strengtbener. . The "Golden Medical Discovery" is not a patent medicine or secret nostrum, full list of its ingredients being printed on its bottle-wrapper and attested under oath. A glance at these will show that it contains no alcohol, or harm- -ful habit-forming drugs. It is fluid extract made with pure, triple-re6ned glycerine, of proper strength, from the roots of native American medical, forest plants. . World' Dispensary Medical Association, Prop., Buffalo, N. Y, Portland f upland FINE, Seventh street in time will become one of the important business streets of Portland. The retail business is grad ually moving up Washington, Alder and Morrison streets with the result that the complexion of the business district is undergoing a decided change. Merchants are being driven out of their old-established locations below Fifth, street because of prohibitive rentals. As leases expire other locations will be sought where rentals as well as leaseholds are attractive. ; That many businesses will be estab lished on Seventh street and Sixth street west of Washington there seems little doubt in the minds of those who have been studying the situation. This prospective new retail business dis trict, however, is entirely conditional. Property owners in the district cannot . see. this change tajce place if they are unreasonable In their demands, it is pointed out. Fair returns from rentals and leases, based upon a reasonable property valuation, can only be expect ed, say brokers. It is declared that property jiwners have a golden oppor tunity to create an important addition to the retail district if they take ad vantage of the situation by improving their property and making Seventh and Sixth streets attractive to merchants and shoppers. Vancouver National Bank Moves, r VANCOUVER. Wash., July 14. (Spe- claL) The Vancouver National Batik will occupy a corner of the Hotel St. Elmo for the next six weeks, while, the present bank building is being re-.-modeled and finished in marble from, Greece.