The Sunday Oregonian. (Portland, Ore.) 1881-current, January 14, 1912, SECTION FOUR, Page 10, Image 52

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    10
TlTE SUNDAY OREGOXIAX, TORTLAND. JANUARY 14, 1912.
EAST SIDE SOUND
INVESTMENT FIELD
Recent Offerings and Trans
fers Show Substantial
Rise in Values.
PAVING DISTRICTS . GROW
Oldest Part of Fast Portland Is
Slowest to Adopt Improvement
Plan Residence Sections
Develop Rapldljr.
investments In Kait Side property
f attractive during in past year
ana inow whe retained their holdings
and sold recently mads substantial
profits. Thomas iilalop. a pioneer
resident, who sold recently a half block
A. s. trhols In the warehouse dls
trlct tor $50,000. held the property tor
many years. The price realised la
many times the pries that this prop
erty would bars brought four years
ago, or before the nils were made.
Tbers has .been a rapid advance In
all Kast Bide property sven In two
years, as may be seen In the prices of
tns diocks ottered for a site for ths
auditorium on the Kast bide. Ths
blocks ottered ran ire from IS5.000 to
8:00.000. Owners of the Wittenberg
ciock, on I nlon and Grand avenues.
nom tns property at K00.00. An est!
mate of the price on ths Bellinger
diock. on Kast Sixth. Kast Seventh,
Hollariay avenue and Ilassalo street Is
less than fli0.000. Ths tract offered
by Penkstake Ac Lyman, on East First.
Kast Second, liolladay avenue and Ore
gon street. Is listed at $150,000.
No prices were obtained on the Helpls
tract, m heeler's Addition. The audi
torium convmlttee waa Impressed with
ths prices if some of the property of-fered-and
urged that the site be ob
tained by condemnation proceeding's,
but compared with property on ths
West Side, the same distance from the
river, the prices ssksd for these blocks
cannot be consldsred excessive. It Is
pointed out. A lot In Wheeler's Addi
tion held for 17000 would cost ten
times as much on the West Side the
same distance from the Willamette
River. The block bought by the West
minster Preabybteiian Church, bounded
by Kast Sixteenth. Fast Seventeenth.
Schuyler snd Hancock streets, which
wss sold for 1-0.000 less thsn a year
ago. Is now estimated to be worth 830.
00 to $40,000. It la true that the streets
are paved on the four aides and ths
block Is especially attractive and valu
able, but It Is considered that the church
secured the block at a bargain when
It paid 120.000. The block bought by
Henry Jennlnit & Son. between Union
and Grand avenues, itirtly In Sullivan's
Gulch and partly on the high ground
on the north stde of the slough. Is now
worth at least ISO. 000 or ISO. 000 with
out the Improvements that have been
made on It. The figures for ths pros
pective auditorium sites may be con
sidered blah, but they Indicate a aub
stsntlal advance In Kast Side prop
erty. laveetsaeate ante Rrerrstm.
While portions of the Kast Side prom
ise more Immediate returns than others,
notably on I'nlon. Grand. Williams and
Hawthorne avenues. Ilelmont and Kast
Bumslde streets, there Is not a section
In which Investment will not be per
fectly safe and sure. Sme who have
been making Inquiry fr sites for
spartraents and other purposes In the
close-In districts complain that the
prices are too high, but taking Into
consideration that Portland has ex
tended to Kast Ninetieth street, nearly
five miles from the Willamette lilrer.
the prices for sites between the river
and Kast Twenty-eighth street are
comparatively moderate.
The-Rose rity I'srk Club bought sl
lots at the corner of Kast Klfty-sev-enth
street and the Sandy boulevard, a
year ago, for 8300. and the same
property Is now estimated to be worth
17000 or 14000. an advance of 100 per
rent. This Is a little better than Is
shown In other portions of the Kose
City Park district, but on the whole
the advance In that district will aver
age 2S and 30 per cent, due to the
building boom there and the splendid
Improvements made In the surround
ings. In Beaumont. Latirelhurst, Ala
meda Park. Itossmere and the prospec
tive Improvements of Ssndy boulevard
and Alameda Irlve.
At Mount Tabor there has been a
substantial gain In valuations through
the I2S0.000 expended In hsrd-surfsce
pavements there. In Sunnyslde. Wa-verly-Richmond.
Waverletgh Heights
snd Kenllworth, there has been a gain
In valuations. Smith of the Powell
Valley road, the gain Is due to the lo
cation of the Heed College and pros
pective erection of the college build
ings. The gain In that district Is from
10 to li per cent on an average. Hard
surface pavements have been extended
In many of the districts In the South
Ksst Side, and In these the gains are
the greatest.
Par tag Dlafrfcta (ins.
The hard-surface districts are In the
residence sections. Old Central Kast
Portland remains nearly as It has been
with Its mscadara streets, except East
Burnside. Kast Ankeny. Kast Morri
son. Kast Twelfth. Kast Twenty
eighth. Kast Twenty-fourth streets,
I'nlon anj Grand avenues. Hard-surface
pavements have been laid more
generally In the residence districts
than In the business sections, with
some exceptions. Albina paved Rns
stl street. Mississippi avenue and
W'illlama avenue, but the most exten
sive psvements there are In the resi
dence section. In Kast Portland the
money and energy of property owners
have been expended in making fills In
gulches and low lands. They have not
taken up the paving programme. There
was a movement to pave all the streets
In Central Kast Portland between
Hawthorne avenue to Sullivan's Gulch
but It was defeated because the prop
erty owners opposed It.
The time has come. said a prom
inent property owner who constant
ly making Improvements, "when all
tiie streets In Central Kast Portland,
the business district, should be paved.
It win pay the owners of property
there to tear out the macadam and
replace It with fine" hard-surface pave
ments. There Is not a lot as far back
as Kast Thirtieth street that will not
stand the cost of a hard-surface pave
ment. Certainly. If the Mount Tabor
property owners can lay 1300.000 worth
of pavements, the owners of property
In Centrsl Ksst Portland ought to
make the same class of Improvements.
There may be some of the Improve
ments on these streets which are still
under bond, but the tnsjortty have
paid and are ready to loin the pro
gressive 'procession.
"We cannot have a clean city when
macadam streets are maintained In
the central district as In Central East
Portland. It la demonstrated that the
property where hard-surface pave
menta are laid advances two-fold over
the property with macadam Improve-
LENTS AND WOODMERE DISTRICTS
ARE GIVEN FINE SCHOOL BUILDINGS
Twenty-Room asd Four-Room Structures Now Ready for Use Improvements, Completed at Cost' of $70,000,
Greatly Enl ance Utility.
SANDY SEEKS LINE
1 1 1 t ef "a nv I 9 ---" XT-W
-si -. .T-v- f - 'J T - l w:a M
U'tf ' -v. , : ' . . ...- .J
a,-)--. - -a . .,--.-- - a
ii- t j t f. . t a
J I v JL -Jt . li i,si v
.' e.
W
ITH the completion of the ad
dition to the school building at
Lenta there has been provided
for a rapidly growing district one or
the finest school structures to be found
In any of the suburban localities. The
building now contains 20 large rooms.
There are two stories and basement.
The Improvements cost S47.S00.
The Weston School, near Woodmere,
has been completed and is now ready
for use. The building contains two
stories and basement. There are four
rooms and assembly hall. This build
ing was erected at a cost of S22.950.
ments. I hope to see a general move
ment In Central East Portland for
hard-surface pavement. It seems to
me thet some of the streets running
north and south ought to be made su
feet wide while It can be done. Port
land will have a great population and
few wide streets v.111 be a good
thing."
Paving Tests to Ilo Made.
Br unanimous vote Friday afternoon
he Executive Board
perlment th
uthorlxed an ex-
t has never been tried
h.re and which undoubtedly win create
- .rest deal of Interest In paving cir
cles. It Is the Intention to select one
or two blocks of macadam street and
THEATER PUNS RUSHED
STTIXIVAX AXD COXSIDIXE'S
STRUCT 1'IIE TO RISE SOOX.
ly opened, but It soems that the burglar
was scared away before he got any
thing. There was some surprise when
Sheriff Crenshaw arrested Ross.
White Salmon Valley Trees Unhurt.
HCSCM. Wash.. Jan. 13. (Special.)
'Young fruit trees growing In the
I nite eaiznon Hiver vauey nave not
' Increased State Apportionment ConJ been damaged by the late fall of snow,"
DOUGLAS LEVY 13l2 MILLS
Seven-Mile Extension of Mount
Hood Road Proposed.
PROJECT BEFORE COMPANY
Large Productive Territory Will Be
Aided If Line Is Constructed.
District Drawing" Many
Settlers.
If the Sandy Commercial Club suc
ceeds In getting an extension of the
Mount Hood Railway & Power Com
pany's Una built to that place this year,
a large section of territory will be
opened to settlement. The general plan
of the extension la for a route from the
present line from Cottrell to Sandy di
rect through a farming and extensive
logged-off district. The proposed ex
tension will have a moderate grade to
Eandy. Several surveys have been made
by the company. It Is reported, and one
along the northeast side of Sandy, but
the company has yet made no move to
build it-'
A committee from the Sandy Com
mercial Club has been conferring with
the company's officials about this ex
tension, and assurances were given
that the line will' be built on Sandy if
rights of way and other concessions are
made.
Saady District Growing.
Sandy is the business center of - a
large and growing agricultural and
horticultural district awaiting only the
coming of railway facilities to develop
rapidly. It is estimated that more than
2000 acres of land has been sold in the
Sandy district the past two years to
men who bought for orchard purposes.
This land is located between Sandy and
Cherryvllle. on both sides of the Mount
Hood automobile road. Much develop
ment work has been done on much of
the land that has been purchased, es
pecially near Flriand and CheriyvlHe.
Purchasers of this land are Hood
River, Kastern and Portland men who
believe that the district Is well adapted
to fruitgrowing. They are encouraged
In this belief by the success that has
attended persons who have set out or
chards and by the opinion of experts
who have tested the soil and the cli
matic conditions. Boring, on the Esta
cada railway. Is the present nearest
railway depot for Sandy and the Sandy
district.
Fertile Area to Be Tapped.
The extension between the Moun
Hood Railway and Sandy will be abou
seven miles long. The committee
working hard for the extension and has
the backing of Sandy and the territory
through which the proposed line will
run.
There are hundreds of acres of
logged-off land between Pleasant Home
and Sandy where the soH is deep and
highly productive. For years the port.
able sawmills have been cutting out
the small timber and making it Into
railroad ties for shipment by way
Troutdale. Most of the timber of thi:
character has been worked up, and the
land remains with the stumps and de
cayed logs. When cleared and culti
vated this land Is found very product
lve for both cereals and fruits. With
a railroad the logged-off lands here wll
be cleared and cultivated. Many of the
fine farms at and around Pleasant
Home are from the logged off-lands.
Building Will Be Five Stories High
and Will Coat $J00,000 Feat
ures Are Outlined.
Preparatory to the erection of the
to lay a coat of asphalt " othr haTd ! 1300.000 Empress Theater building for
surface over It. to see what the effect j BoUlTM 4 Coa.lalne. work wtll be
W-W.fllture that It will cost but little . started this week In wrecking the old
tn try this experiment," said W. H. j frame buildings on the theater site at
r ltjgerald. chairman of the street com- j Peventh. Yamhill and Park streets. This
mlttee, "and we think It may work out.
LOIS BRING MILLIONS
REALTY JlbKTfi.Vr.E9 FAVORED
BY BIG EASTERN ESTATES.
announcement waa made yesterday-by
Lee DeCamp, supervising architect for
Sullivan Consldlne.
Plans for the structure are In course
of preparation and will be completed
In
tributes to Heavier Tax.
ROSEBURG. Or., Jan. 13. The Coun
ty LUUlL, ! ICUfefc. dCSglUll tUU4.
levied a general tax of 134 mills for
191i. The levy Is based upon the val
uations of Douglas County for 1911,
which approximate $33,000,000, or about
$1,000,000 in excess of the previous
year. The levy will raise approxim
ately $448.979. 61.
While the levy Is somewhat higher
than last year there were many matters
to be taken In consideration by the
court In making the levy. Important
among these waa Douglas County's
state, apportionment, which Is more
than double that of last year. Five
' ' - - iiirq aouoie mil dl mill year. r ive
a- few days. All the work in con-' new brfdges are also factors In bring-
Great Sums Go Into Substantial Seo
tlons snd Aid Is Given to
Development Work.
"A material change is
In the field of the real
says Bonds and Mortgages. "The time
has passed when'lt was merely a side
line and one of the perquisites of a
real estate business. It has become a
business of Itself, and the Increasing
attenltlon given It Indicates that It has
a firm hold on the good opinion of
the Investing public. When an estate
like one In New York Invests $1,000.
000 In farm loans in a single Western
state It means something. It means
first of all that It has been demon
nectlon with tha new building will be
done on a contract basis, and will be
supervised by Mr. DeCamp. It Is ex
pected that actual construction will be
started on the building before the end
of the present month.
Tha knlMlnr will he lnnvlSA feet In
f slxe. and will contain five stories. The
basement and first floor will be of re
inforced concrete, and structural steel
will tijk In the tinner atnrlea The
I exterior will be of white pressed brick
and terra cotta. It will be among the
I most attractive theater buildings In the
I Northwest. The general design will be
taking place, similar to the type of architecture used
estate loan," j In the theaters at bait Lake City and
Calgary. AIDerta. 1 lie cost ot tne Port
land building, however, will be twice
as muc-h as the outlay for either of
those playhouses.
The part of the building to be devoted
to theater purposes will be 90 feet wide
and the opening of the proscenium arch
i will be 43 feet In width. There will be
i a suite of Offices for the manager, a
special office for the press agent, a
nursery, tearoom and restroom for
women and a smoking-room for men.
There will be no gallery, and instead
there will be a large balcony. The
lng about an Increase In the levy, as
was the general demand for Improved
roads. '
strated that there Is no other Invest- "eating capacity win pe uvu. i ne coior
ment of such actual value or with such ! "cheme Is to be a combination of cream
s-ood return, and It la hv odd. the . IT and gold. Special attention will
safest of all forms of security. I Klrea to the lighting features.
-The insurance companies with i n h 6eventh-street side there will
their millions In real estate loans are ' D Pried space for four stores on the
i ground floor and 20 office rooms In the
upper stories. One of the features of
the building will be the ventilating sys
tem. The plant as outlined win change
40,000 feet of air a minute, and in the
Summer months the air will be washed
today the leadws and they are in
creasing their holdings. It is becoming
recognised that the stock exchange
does not offer great opportunity for
the individual Investor. The fluctua
tions are B-reat and the losses frequent
So the Investor Is returning to the . and cooled. Individual heating, elec
forms of security that can be watched trie power and lighting plants will be
closely and that give promise of ab- j Installed and operated aa a part of the
solute certainty and definite Income, building.
-The demand for positive returns, as I "It ur to provide Portland
Income that will be steady. Is one of . with the finest theater In the North
the most pressing Influences In favor j west," said Mr. DeCamp. "Every mod
of the realty loan. The neld. too. Is I ern appliance will be used to provide
extending. The new sections, of j for the comfort and enjoyment of our
course, are always asklnr for more . patrons, ii win di u hi mi nueii-
KJteap County Prosperous.
OLYMPIA. Wash., Jan. 13. (Special.)
According to the report of the bureau
of public inspection on the condition
of Kitsap County from July 1. 1910. to
November 1. 1911, the county has as
sets of I46.t37.42 and liabilities of only
$14,438.59. The officers are commended
for the manner In which they have
handled the county sffairs.
says William Olson, county fruit
spector, of this place. He asserts, how
ever, that should a tight freeze occur
after the rain that is now falling, it
would be necessary to clear the snow
and Ice from the young trees. During
the late snowstorm the thermometer
did not register below the zero mark.
and young orchards In this locality will
fare none the worse for the mild weath
er that has continued here for the past
six days.
Cottage Grove Bank Elects.
COTTAGE GROVE, Or., Jan. 13.
(Special.) A the annual meeting of
the shareholders of the Bank of Cot
tage Grove, held this week. Cashier
Hall reported the most successful
year's business since organization. The
following officers were elected: Presi
dent, George H. Hall; vice-president.
B. Lurch; cashier, Harry Short.
Moved Property Xot Exempt.
CHEHALIS, Wash., Jan. 13. (Spe
cial.) The State Tax Commission has
given Treasurer Arnold, of this county,
an opinion in effect that if any per
sonal property subject to taxation is
moved from one county to another it Is
not exempted from taxation and that
any delinquent tax against it Is col
lectible.
1-13-12
OREGONIAN COUPON
Time Limit Jan. 31, 1912
1
capital, but even In the older settled
sections the banks are requiring so
much capital for the growing Indus
tries that they are asking their farmer
looking buildings in the daytime- and
the best-lllumlnated building at night
in the city. We expect to begin con
struction in a few days, and hope to
customers to secure their capital when I have the theater ready by the middle
possible on farm loans and thus relieve
the pressure. -
-So the millions of dollars that are
being placed In real estate loans are
going Into the most substantial sec
tions and the borrowers are among the
most substantial of business men. The
farmer with a good 'place Is a good
risk, and the Investing public Is recog
nizing this. The future of the realty
loan is very bright, and we shall be
disappointed if 1311 la not the most
satisfactory year In a decade lor the
Investor in thla security."
part of the year.
Tillamook Shoemaker Arrested.
TILLAMOOK. Or- Jan. 13. (Special.
George Ross, a shoemaksr, who has
a shop opposite the Postofflo as ar
rested today for alleged breaking open
of a safe. A few months ago the Ray
Feed Store was raidea. A week ago
the Tillamook Feed Company's store
was broken Into and the combination
of the safe worked and 960 taken. Last
B'gh tha safe ot lmar Haas was part-
This Coupon Is "Worth
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OF BOOKS selling from $10 up, included in
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ever, it represent an opportunity for you to
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be arranged for. If desired.) The world's
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we Invite your Inspection and comparison.
The Sets are now on exhibition at our .store,
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price reductions offered on fine Books
In Sets at Gill's Annual January Event.
(f Glance through this list; almost every famous name
will be found here and the prices are so low and
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AUTHOR, Ana Description.
Jane Austen
Six volumes, leather; illustrated
edition.
Jane Austen. ............
Ten volumes; cloth; large type; pub
lished by John Grant. Edinburgh.
BaJsae.
Thirty-six volumes; leather; De
Fau edition; fine Illustrations.
Balsae.
Eighteen volumes: English Buckram
binding; Illustrated edition.
Bnlwer Lytton . . .
Three-quarter
teen volumes.
leather binding;' flf-
lllustrated edition;
large type.
Robt. Browning.
Twelve volumes; three-quarter leather.
Charlotte Bronte......
Twelve volumes; cloth; large type
edition.
Bos well's Jonaoa
Four volumes; half calf binding.
Cooper.
Sixteen volumes; one - half calf;
Sterling Edition.
Carlyle
Ten volumes; three-quarter leather;
Sterling Edition.
De Fee.
Fourteen volumes
English half calf;
Dickens
Fifteen volumes; half leather; Illus
trated edition.
Dickens
Fifteen volumes; cloth, good typo and
Illustrations.
George Eliot.
Ten volumes; St. James' Edition; clottk.
George Eliot. .
Eight volumes; cloth binding.
Tnines' English Literature
Four volumes; cloth; Illustrated.
Tallies English Literature
Four volumes; three-quarter leather.
Emerson.
Six volumes; one-half leather.
BenJ. Franklin '. ,
Ten volumes; cloth.
Goethe
Seven volumes; English Buckram
large type edition.
Goetbe.
Seven volumes; three-quarter leather
Illustrated edition.
Gibbon's Rome..
Six volumes; three-quarter leather
illustrated edition.
Gibbon's Rome
Five volumes; cloth.
Huso
Twenty volumes: Crushed Morocco;
Illustrated edition.
Ush
ers Price.
lingo
Eight volumes; cloth.
Hngo
Eight volumes; English Buckram.
Hawthorne.
Nine volumes; cloth.
Hawthorne.
Nine volumes; three-quarter leather.
Irving.
Eight volumes; cloth.
Irving.
Twenty-four volumes; English half
calf; large-type edition.
The Immortals.
Twenty volumes; one-half leather.
Kipling.
Ten volumes; cloth; Illustrated edi
tion. Lincoln
Six volumes; cloth.
Modern Eloquence
Fifteen volumes; three-quarter
leather.
Tbontaa Paine
Revolutionary Edition.-
Poe
Six volumes;
three-quarter leather.
Poe
Ten volumes; illustrated edition;
Buckram.
Parkman. .
Thirteen volumes; half leather; Uni
versity Edition.
Pinto
Three volumes: three-quarter leath
er; The Republic, Dialogues, etc.
Plato. :
Four volumes; Buckram.
Pcpys' Diary
Four volumes i three-quarter leather;
large type edition.
Plutarch's Lives
Five volumes; three-quarter leather.
Konsseau's Confessions.
Four volumes; Buckram.
Smollett
Twelve volumes; Buckram
type; Illustrated edition.
Shakespeare. .
Six volumes; Full Turkey Morocco;
India Paper edition
Shakespeare. . .
Ten volumes;
large
three-quarter leather.
Shakespeare
Twenty volumes;
cloth; illustrated
edition.
Schiller 10.00 7.50 2.50
Five volumes; three-quarter leather.
Schiller 7.60 5.00 2.50
Five volumes; Buckram.
Stevenson. 7.50 5.00 2.50
Scribner Edition; ten volumes; cloth.
Scott -.; 16.50 10.00 6.50
Twelve volumes; cloth.
Scott. 18.00 12.O0 6.00
Twelve volumes; English Buckram.
violstoy. 36.00 25.00 11. OO
Twenty-four volumes; Complete Tula
Edition; cloth.
Thackeray 15.00 10.00 S.OO
Ten volumes; cloth.
Thackeray 20.50 15. 50 5.00
Ten volumes; English half calf.
$15.00
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THIRD AND ALDER
LlV
THIRD AND
rnlture II
LDER N