9
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
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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
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3 .V 5-
21 Ml
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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.
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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
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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
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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.
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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.
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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!
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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.
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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.