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 We will accept this coupon as first payment of $1 on any of the fine SETS OF BOOKS selling from $10 up, included in our Annual January Event. (J There are no strings to this offer. JWe make it purely and simply to test tha comparative advertising value of the Portland newspapers. J How ever, it represent an opportunity for you to save an additional dollar, and we invite you to ' take advantage of the offer. Nothing Down $1.00 a Week For those who prefer to pay while read ing, we have arranged for terms of $1 down and $1.00 a week, during our Annual January Event. This coupon. If used before the time limit designated above, will be accepted in lieu of the first payment. (Larger payments may be arranged for. If desired.) The world's greatest -authors are Included In this sale, and we Invite your Inspection and comparison. The Sets are now on exhibition at our .store, at prices that should Induce you to make early selections. Therefore, oilp this coupon NOW, so you won't forget. The J.K. Gill Go, THIRD AXD j ALDER j Books, Office Buppllss And Stationery THIRD AXD ALDER 1 Gill's Book Sale! 3 n book lovers will find it to their ad vantage to participate in the genuine 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 terms so convenient, you most admit this is a golden opportunity to secure good books. Q This is bnt a partial list a few of the rare values awaiting your investiga ion. Come, examine and compare them. J We know you will be pleased, and will want to avail yourself of this exceptional opportunity. Q Study the prices I See how much money you save 1 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 $5.00 27.00 80.C0 80.00 24.00 .8.00 82.00 80.00 87.00 15.00 20.00 8.00 E.00 7.50 15.00 10.60 14.00 12.00 6.25 8.76 9.60 20.00 9.00 60.00 15.00 5.00 36.00 12.00 15.00 39.00 5.00 10.00 10.00 15.00 20.00 15.00 20.00 30.00 GUI's January Price. 9 7.50 12.50 50.00 1S.OO 22.50 15.00 12. OO 5.00 2S.OO 14.SO 27.50 15.00 12.50 10.00 5.50 2.50 5.00 10.00 7.50 7.00 10.00 7.50 4.50 25.00 5.75 7.50 6.75 12.50 6.00 45. OO 15.00 6.00 2.25 25. OO SO.OO 9.00 7.50 25.00 3.50 3.50 5.00 7.50 5.50 10.00 9.00 14.75 12.50 Your Savins Is tt 7.50 12.50 49.00 9.00 7.50 15.00 12.O0 3.00 7.00 5.50 9.50 10.00 2.50 10.OO 2.50 2.50 2.50 5.00 7.50 3.50 4 00 4.50 1.75 10.00 3.00 2.50 2.75 7.50 3.00 15.00 10.00 9.00 2.75 10.00 25.00 3.00 7.50 14.00 1.50 1.50 5.0O 2.50 9.50 10.00 6.00 5.25 17.50 The Coupon Opposite Is Worth $1. Use It! The J. K, Gill Co. Books, Social Stationery, Office Supplies And Fu THIRD AND ALDER LlV THIRD AND rnlture II LDER N