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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Nov. 7, 1915)
THE SUNDAY OREGOXIAJT, - PORTIiATfU,- NOVEMBER 7, "1915.
NEW LABOR TEMPLE
h TO COST 5105,000
III REALTY DEALINGS
CLOSE OF BIG REAL
ESTATE DEALS HEAR
ONE OF NEW LAURELHURST RESIDENCES AND ANOTHER JUST STARTED.
improving his corner with a. $1000
eight-room bungalow. '
10,00 Home Built on Davis.
A 10-room New England Colonial
home Was recently completed at the
northwest corner of East Davis stree
and Laddington Court for S. W. Law
rence at a cost of approximately $10,
000. A particular feature of this resi
dence is the play-room for the chil
dren. W. M. Everett has purchased a lot
from Laurelhurst Company at East
Flanders street near Laddington Court
and is erecting a two-story eighj
room house that will cost about $5000.
Mrs. Paul C. Murphy has purchased
Asosciation Obtains Option on
erty as Site.
TENTATIVE PLANS DRAWN
President ' or Brownsville Woolen
" Mills Announces Repairs ou
Newly Leased Plant to Cost
Total of $30,000.
Perhaps the proposal of. the New
Labor Temple Association to purchase
property near the business district as
the site for the erection of a $105-000
Structure drew the major share of at
tention ffiom realty brokers, archi
tects .nd builders last week. -
At the meeting of the association
Wednesday, a committee was empow
ered to get an option on a larg-e plot
of l.nd extending from the southeast
corner of Twentieth and- Washington
treets back to the Morrison street fill
through the old Exposition building
Bite. Acting upon this authority the com
mittee obtained an option Friday from
Percy Blyth. representing himself and
the other owners of the property, Mrs.
lewis Russell and F. W. Leadbetter,
giving the labor authorities the rlsht
to purchase the land within the com
ing 60 days at a price of $60,000. The
option was arranged by J. Kred Stever,
& Portland realty broker, while the
plans for the proposed building have
been prepared by the local architec
tural firm of Houghtaling & Dougan.
While other sites are still under
consideration it is understood that the
authorities have virtually decided to
locate the building at Twentieth and
Washington, and that the purchase of
the land will be concluded soon, after
December 1, .when the general associa
tion of . the labor organizations will
meet to ratify the recommendation of
Other sites being considered are the
Henry E. rosch property at the north
west corner, of West Park and Taylor
streets, the Sitton property at the
northeast corner of Lownsdale and
Yamhill streets, and sites at Tenth and
Taylor streets. Eleventh and Salmon
streets. Fourth and Market and Third
and Market streets.
Eugene E. Smith, of the Labor Coun
cil, said yesterday that the commit
tee would not consider any location
north- of Washington street, and he
intimated that the final choice would
be the Blyth property at Twentieth
and Washington streets.
The tentative plans drawn by
Houghtaling & Oougan, call for the
rectlon of a three-story and base
ment brick and reinforced concrete
building that will have a frontage of
100 feet on Washington street and of
138 feet on Morrison. The plan is to
divide ttie lower fjoor into offices, the
second floor into halls for the head
quarters of the various units in the
labor organization, and to provide a
large auditorium, having a seating
capacity of 1000 on the upper floor.
Social rooms, including billard rooms,
club rooms and a bowling alley, will
be located in the basement, and it is
probable that a swimming pool ' will
also be installed.
According to the officials of the
Labor Council nearly 70 different labor
organizations are paying rent in vari
ous buildings, which would pay an in
come on an investment of nearly
$500,000. When the new Labor Temple
Is completed these organizations will
bo housed in it. The promoters of the
new building hope to have it com
pleted by next Labor day, when it
may be dedicated.
Repairs Will Tost :.0.WH.
J. L. Bowman. president o the
Brownsville Woolen Mills, last week
leased the Cambridge block, on the
southwest corner of Third and Mor
rison streets from the Corbett estate
for a term of 10 years. Before the
building is to be occupied by an en
larged manufacturing plant a total of
about $30,000, will he spent in repair
ing and refinishing the structure. A
feature of the improvements will be
an escalator that will carry people
direct from the Morrison street front
to the second floor.
Vew Armory Ih l'roponed.
Tn his report submitted to the County
Commissioners last week, Adjutant
General White proposed the appropri
ation of $100,000 to finance the con
Htruction of a new armory building on
a Site to be purchased on the Kast Side.
General White's proposal is to use the
new building for the cavalry and field
artillery of the National Guard and use
the - present Armory building for in
fantry work exclusively.
He believes the land can be purchased
and the building erected for $100,000.
The plans already have been prepared
for such a building by ex-State Archi
tect W. C. Knighton. The plan is to
cover an entire city block with a sim
ple building with a circular arena, offi
ces and storage rooms.
Antorin Will Vote on School llan.
The voters of Astoria will decide at
a special election November 9 whether
or not bonds in the sum of $100,000 are
to be voted to finance the erection of
a large grade school building to be
erected in the central part of the city.
The proposed building may contain as
many as 30 classrooms.
Work. Due on Roaehnr? I'ostofTlcc.
Notire that the site of the proposed
Postoffice building at Roseburg must
be vacated within 60 days has given
rise, to the understanding that work
Is soon to start on actual construction
of the $100,000 edifice. The site was
purchased two years ago. A three
story, fireproof building, covering S6
by ItO feet, has been proposed.
ollrte Hut Id In km May Go Ip.
Announcement was made at Albany
lat week that the total endowment
fund of $250,000 had been subscribed
for Albany College, and it is believed
that a portion of the fund will be
Hpent immediately for new buildings.
The plans were prepared by Architects
Doyle & Patterson, of Portland. Mr.
Ooyle said last week he had received
no instruction as yet to proceed with
- Baker to Vote on Proposed School.
The taxpayers of Baker will decide
by ballot next Saturday the question
of authorizing SIL'o.OOO in bonds to
erect a new high school building, and
the general impression is that the vote
will be favorable. A modern three
titory building of fireproof construc
tion is planned, but the School Board
has not as yet selected an architect.'
Salem to Get 20.t0O Tlulldlng.
George M. Post, a Salem architect,
has been commissioned to draw plans
and specifications for a two-story struc
ture to he built over 82 by 82 feet of
ground at State and Liberty streets,
Salem, for the McGilchrist family. The
probable cost of the new building is
given as, $20,000.
Medical Bulldlnss May Go Ahead.
According to information given out
last week four Portland business men
have donated $25,000 each toward the
construction cost of the proposed build
ings to be built in South Portland -for
the medical department of the Univer-1
sity of Oregon. The 19 3 Oreson Legis- j
lature appropriated $50,000. with the
proviso that an additional amount suf
ficient to caTry out the entire plan be
contributed. Dr. K. A. J. McKenzie,
dean of the medical department of the
university, has charge of the negotia
tions. Work Brine Done on ew Bank.
During last week a large crew ' of
workers was busy laying marble for
the exterior of the First National Bank
building that is in course of
construction at the southwest corner
of Fifth and Stark streets. A Colo-1
ratio marble is being used. The entire
bank Is to cost about $40,000, accord
ing to the original announcement of
the bank officials.
(!.-() Home Slsrlcd on t'rmit.
Ground has been broken at 1480 Fair
mount "boulevard. Council Crest, for
the construction of a $6500 residence,
to be built for J. B. Oberle. The resi
dence will extend two stories in height.
The work Is in charge of George East
man. Residence to 4 out 93000.
A residence is under construction for
W. J. Sheely, at 854 Mason street, Al-
Dina. The cost will be $3000. J. Paji-
man is the contractor. It will be a
story and a half in size. . -
'Contract L.et ' for Residence. -
Architect C. N. Erz has Just- let the
contract for a two-story residence.- to
be built .at 792 Glenn avenue, for Mrs.
C. Li. Saunders, of 221 Holman street.
The cost will be $3500. A. S. Leviser is
Walter Moore Krects Residence.
A $3000 residence is beinir built for
Walter Moore at 1012 Rodney avenue.
between Jessup and Jarrett -streets. Mr.
Moore is superintending the erection.
Sarah C. Scherman Builds Home.
Mrs. Sarah C. Scherman is having a
residence put up at 517 East Forty
third street North, between Thompson
and Brazee streets.
Killing; Station to Cost :K)0.
A filling station and auto repair
buijding is being put up at 2049 East
Stark street at a cost of $3000. H. E.
DePeel is the builder.
( oltse to Cost riuuo.
W. C. Wood has taken out a permit
for the erection of. a cottage to cost
$1000 at 711 Reedway, between East
Eighteenth and East Twentieth streets.
Mr. Hood is building it himself.
;t.-.00 Residence Started. . ,
A two-story residence, costing $3300,
is being built for E. Legler at 871
Hamblet avenue, between East Twenty
eight and East Twenty-ninth streets.
Mr. Legler is looking after the con
Repairing Terminal Station.
At a cost of $5500 the North Pacific
Terminal Company is repairing the
three-story terminal station at Fifth,
between Johnson and Irving streets.
Bingham & Shelley are the builders.
Carl J. PoImoii KrertK Residence.
Carl J. Poison is having a residence
erected at 1177 Glenn avenue North, be
tween Killinesworth avenue and Jar
rett street. The cost will be $2500.
Two-Story Residence to Cost 9350O.
A two-story residence is under con
struction at 792 Glenn avenue, between
Dunkley and Bryce streets. Cost will
be $3500. A. S. Jueviser is the builder.
I. con Smith Erect V250O Home.
Leon Smith is erecting a $2500 resi
dence at No. 5 East Fifty-second street,
between East Ankeny and East Stark
streets. , James Taylor is the contractor.
Cottage to Cost flOOO.
A cottage costing $1000 is being built
for Mrs. Kdna Quinn. -6915 Sixty-first
avenue. South East Side, near East Sixty-ninth
street. T. LI. McDonnell is the
Residence to Cost S2000.
A residence costing $2000 is under
construction at 1152 Schiller street,
Eager's Addition, for W. L. Kitchen.
J. R. Dillon is the builder.
A residence costing $1900 -is under
construction for John Pfister at 34i
East Eighty-second street, between
East Mill and East Stephens streets.
Eugene Eggel is the contractor.
K. W. tuldnrll Urrcta 1000 Dwelling.
F. W. Caldwell is having a $1000 resi
dence built at S28 - East . Sixty-ninth
-X..-.--.'- - r '-. -.
RESIUEXU OK S. W. LtWSENCb.
.siS J '"-" .. -Jk.sT
HOMIJ I'L.INXHD FOR PAIL C. ML'RPHY.
street North. G. F. Cambridge Is the
A residence is under construction for
Mrs. Sara C. Silverman in Rossmere, at
517 East Forty-third street. The cost
will be $3500.
New Residence to Cost ' 3!00.
A residence costing $3600 is under
construction at 795 East Eighteenth
street North, for the McMinn Building
Company. Flora E. Ward is having a
residence built at 669 East Davis street,
the cost to be $2500. II. R. Kibler is
C. J. Cover Erects Home.
C. J. Cover is having a story-an-a-half
residence built at 4629 East Sixty
fourth street, near Thompson street.
The cost will be $2000. C. W. Crier
son is the contractor.
evr Home to Cost c-SOO.
A dwelling costing $2800 is being
erected for Sadie R. Beier, at 420 East
Thirty-eighth street' North, between
Tillamook and Thompson streets. Noble
Dunlap is the contractor.
J. B. Robinson Bnilds Residence,
f Work has been started on a residence
for J. B. Robinson, at 157 East Sxity
eighth street, near Belmont. The cost
will be $300(Lm. Cleland is the con
tractor. Cumberland Lot Brlnirs 93500.
A lot'ih CumberlandMias been pur
chased toy W. H. Chapman from the
IJmbdenstoek & Larsen Homebuilders'
Investment Company for $3500. The
property is described as lot 3 in
block 2. Martin Olsen has taken title
to a. lot in Piedment from the Pied
mont Investment Company, the price
named in the deed being $1000.
v Two Lots in St. Johns Sold.
George W. Miller haa transferred
lots 25 and 2G in' block 37, East St.
Johns, to U. Butler for $1100.
lot 3 in block 2, Portland Homestead,
was purchased by Mary Plennert from
Adolph J. Math en. the price being $2400.
Multnomah Home Brings S-OOO.
A home in Multnomah Addition on
Mississippi avenue between Skidmore
and Mason sti- ets was purchased by
Christina M- Smith from Lewis S. Win
ters, the price being $2000.
Herbert R. Tyler Makes Purchase.
Herbert R. Tyler recently purchased
lot S in block 5 in Hyles" Addition,
from Alfred Odom, the consideration
Fife 1 11 fir I FHI ise rgE m '
Q Ti 0 G 0 0 B UE 0 0 E 1 SD B B 6 B ;
.j .L kk itefc ib's ?ni spi ibk . sfci feid &
. 4Sif i
. :; . . v
named in the deed being $2800. Mr.
Tyler also took title to lot 12 in block
5, Fraser's Addition, near Powell Val
ley road, the price being $3000.
$15,000 PROPERTY tS BOUGHT
C. Lewis Mead Hakes Building at
HoIIaday and Crosby.
Acting in behalf of the owner, F. O.
Engstrom, of Los Angeles, the Port
land realty firm of Wakefield, Fries &
Co. yesterday sold the two-story frame
building located on the northeast cor
ner of Holladay avenue and Crosby
street, near the eastern terminus of
the former steel bridge to C. Lewis
Mead, of Portland, at a price said to
be approximately $15,000.
Part of the consideration was paid
with cash and part was trade, stocks
of considerable value being involved in
the transaction. The property em
braces a total of about 57,000 square
Two Repair Jolts Up.
At the direction of Balfour, Guthrie
& Co., Contractors Tranchell & Parelius
are altering the company warehouse t
the foot of Ninth street, at a cost of
$3000. For the Smith Hotel Company.
McHolland Bros, are making repairs
to the building at 228 Sixth street.
These alterations will cost about $1000.
Home Planned for B. F. Worsen.
Ben F. Worden is building a. resi
dence at 1609 First street between Ne
vada and- Miles streets, the cost to be
$2500. John P. Preston is the con
tractor. Union Avenue Gets Oarage.
W. W. Graybeal is erecting a garage
at 693 Union avenue North between
Cook, and Ivy streets, the cost to be
$3500. Casebeer & Nimmo are the con
tractors. To Erect Residence.
C. W. Christiansen is having a resi
dence built at 491. East Forty-fourth
street North, in Rossmere. The cost
will be $2500.
It. A. Slfton Builds Cottniee.
A cottage costing $1000 is under con
struction at 1872 Fiske street, on the
Peninsula, for R. A. Sifton. N. A. Law
rence is the contractor.
TENTATIVE PLANS ARE DRAWN FOR $105,000 LABOR TEMPLE.
FOB COXSTRICTIOX AT TWENTIETH AD
Many New Homes Are Now in
s Course of Construction and
PROSPERITY HELD ASSURED
Full Activity of All Factories in East
Is Considered Criterion of Ul
timate Advance in Cost
If every district of the city were as
active in real estate and construction
bargaining as Laurelhurst and if every
set of men were as optimistic as the
administrative officials of the Laurel
hurst Company. Portland would per
haps outrank any city In the country
As he related yesterday, the many
sales that have recently been concluded
in Laurelhurst realty and pointed out
the large number of new homes now
under the course of construction, Paul
C. Murphy, vice-president of the Laur
elhursf Company, explained what he
calls a noticeable improvement in the
real estate market. Optimistic reports
of improved business conditions in the
East have, he believes, had a pro
nounced effect in bolstering the tone of
the local realty market.
"In discussing sales with prospective
purchasers we flrd that they seem to
be more optimistic and. feel perfectly
safe in making an investment, while
some few months ago they were very
fearful and doubtful about investing
their money," said Mr. Murphy.
Prosperity Assurance Is Felt.
"A great many people were waiting
for property and the price of building
materials to go still lower. The ques
tion of the future is not now discussed.
Most everyone feels assured of prosper
ity in the immediate future. ' We do
not argue this point with our custom
ers any more. These same people are
now looking for investments and pre
paring to build, making the best buy
they can obtain.
"Lumber is now on the upward trend
in price and will undoubtedly go much
higher than ever before. Desirable
residence property is now much below
real value. That labor will take an ad
vance shortly is not questioned. Ail
lines of hardware, on account of the
great purchases of the allies in the
East, have advanced in price twice dur
ing the past two months, and will un
doubtedly go much higher.
Factories Runninar Knll Capacity.
"All lines of manufactures through
out the East are now receiving orders
for the full capacity of their factories
and are getting big prices for their
output. The farmers are receiving
wonderful prices for all products that
the land produces. Mining districts are
said to be more prosperous than they
have been for the past twenty years.
Railroads have not sufficient rolling
stock to meet the demands for freight.
They are looking upon the future with
an optimistic eye and are preparing
plans for improving their lines as well
as their rolling stock. The automo
bile industry is greater now than ever
before in history and is expecting to
build a million cars next year.
"In fact, the lumber business in the
Northwest is the only business that is
not extremely prosperous. With all
other industries improving, it is only
natural that the lumber business will
improve very rapidlj-. It is certain
that this is an opportune time to make
a real estate investment as well as to
build, as all the materials used in the
construction of a. home are bound to
continue to Increase in price.
"The activity in Laurelhurst has kept
up during the past year. Even during
the dull Summer months there 'were
some 25 houses under construction all
the time, and there is every indication
for greater activity during the coming
Fall and Winter.
Excellent Results Reported.
"We are getting excellent results
from our advertising. We had over 150
people looking through the district im
mediately east of Laurelhurst Park a
week ago last Sunday and over 100 last
Sunday. We are firmly convinced that
Portland is full of people that want
well-designed, well-located, up-to-date
Mr. Murphy reports the following
sales made in Laurelhurst during the
H. w. Trueblood has purchased a lot
near the corner of East Forty-first and
Each Ash streets, on which he is about
to erect an artistic colonial bungalow
J. L. Swayne, a retired merchant
from Corpus Christi, Texas, recently
came to the Pacific Coast to make his
future home. After visiting every city
from Seattle to Los Angeles Mr.
Swayne became enamored of Portland
and, after thoroughly investigating
every addition in the city, purchased a
sightly lot in Laurelhurst at the south
east corner of East Forty-first and
East Ash streets, commanding a won
derful view of Laurelhurst Pask and
I the surrounding country. He is now
from the Laurelhurst Company three
large lots on the corner of East Burn
side street and Laurelhurst avenue,
and is now . erecting an eleven-room
old English home designed by Ellis
F. Lawrence and William F. Holford,
architects, at an approximate cost of
$12,500. The general contract is being
handled by A. Pajunen. - This site is
one of the best in Laurelhurst, with
an unobstructed view of the park.
George E. Maxwell has purchased
from the Laurelhurst Company a lot
on East Couch street near East Forty
second street on which he is erecting
an attractive eight-room house cost
Laurelhurst Home Completed.
A. Pajunen has Just completed a
handsome two-story home on the south
east corner of East Thirty-ninth and
East Xavis street in Laurelhurst. Mr.
Pajunen has sold this residence to P.
J. Holahan, recently of Idaho, at a
consideration of $8000. v
J. J. Klamt and T. C. Miner have
purchased of the Laurelhurst Company
a lot on East Burnside street near East
Forty-first street on which they are
erecting an attractive six-room bunga
low costing $3500.
For $4500 Hal C. Perry has pur
chased from Alfred E. Anderson a
seven-room bungalow Just completed at
1183 East Burnside street. Mr. Perry
is now moving into his new home.
Seymour C. Friendly has purchased
from F. B. Turner an unique six-room I
bungalow near the corner of East:
Burnside street and Meikle Place. He
paid $4500 for it.
O. H. Mattern has purchased from
Messrs. Hubbell and Fishburn a six
room Colonial bungalow Just completed
on East Ankeny street between East
Thirty-ninth and Forty-first -streets.
The consideration was $4500.
Harry G. Smith has paid Messrs.
Hubbell and Fishburn $4500 for a six
room bungalow, recently completed on
the same block. .
East Stale P-operty Purchased.
Gregory Giustina has purchased
lot from the Laurelhursf Company on
East Burnside street near East Forty
first street on which he has erected a
two-story seven-room house, costing
Evert LiisananttI has purcshased of
the Laurelhurst Company the north
east corner of East Forty-first and
Burnside streets where he has com
menced the erection of a seven-room
bungalow. The plans were drawn for
this particular lot and are entirely dif
ferent from anything ever constructed
in this city.
At a price of $3000 the Laurelhurst
Company has sold Julia F. Wait a
five-room bungalow located on Senate
street Just south of East Forty-first
H. W. Hughes has Just completed
and moved into his artistic nine-room
New England home on the northeast
corner of East Thirty-ninth and
Ankeny streets. This home cost ap
proximately $7500, and commands an
unobstructed view of Laurelhurst Park,
being directly across the street from
FARM PROPEKTY DEAL t MADE
AVasliougal Property Is Given for
Home on East Side.
Operating in behalf of both princi
pals, the Exchange Department of the
Oregon Home Builders completed a
deal last week between A. E. Rapp, of
this city, and E. S. Quimby. involving
the transfer of city and country proper
ties to the total value of $30,000. Under
the terms of the agreement Mr. Quimby
exchanges his 160-acre farm, occupyins
a prominent part of the highly culti
vated section near Washougal, Wash.,
and lying six miles northeast of that
The place is highly improved with an
eight-room modern new home, and full
set of outbuildings, while all imple
ments and stock are included in the
total valuation of $15,000. He receives
the Rapp modern nine-room home on a
quarter block at East Sixty-ninth and
Glisan streets, a quarter block at the
corner of East Severty-f irst and Glisan,
one-half of which is improved by a
single-story, double store building, now
under lease, 'and the quarter block on
the corner of Sixty-eighth and Glisan,
an unimproved business site. These
properties are also valued at $lo,000.
Railway Buts in Kern's Addition.
The Portland Railway, Light &
Power Company has purchased of, the
Hawthorne estate a strip 40 feet wide
in blocks H and L, near the Willam
ette River south of .the Inman-Poulsen
mill, the consideration being $8500. The
strip was purchased for railroad pur
poses. Peninsnla Property Is Sold.
Dr. E. N. Hutchinson has purchased
portions of lots 11 and 12 on Penin
sula avenue near Houghton street.
from H. E. Wachmann, and lots 31. 32
and 3S in block 47, Peninsula Addition,
the consideration named in the deed
Three Vernon I.ota Are Sold.
Melissa Dickerson has taken title to
three lots in Vernon from R. F. Dick
inson, the consideration being $1288.
These lots are in blocks 7 and 8, be
tween East Nineteenth and East Twen
Albina Quarter Sells (or f0O0.
A quarter block in Albina located on
Rodney avenue and Hancock street has
been purchased by Isabelle C. Veatch
from Ada B. Gage for $5000. The prop
erty is improved with a residence.
Bis Kenton Sale Reported.
J. A. W. Bell has transferred to the
Kenwood Manufacturing Company a
tract of land on Argyle and Derby
streets, in Kenton. The consideration
named in the deed was $16,000.
Suburban Property la Sold.
The Mount Hood Development Com
pany has transferred to I. N. Day lot 1
in Protor's Addition, to Pleasant Home
on the Mount Hood Railway, the price
Rone Sella for foOOO.
A home in Hawthorne Park has been
purchased by William M. Coplan from
Ursula Melster. the price being $5000.
This property is on East Fourteenth
and East Madison streets.
Halt Iot in Albina Sells for 910OO.
Annie McCoughlin has purchased the
north half of lot 11 in block 25. Albina,
from Virginia E. Dobyns, the price be
ing $1000. This lot is located on Rod
ney avenue near Sacramento street.
Irringtoa Property Sella for 9STOO.
James Sharp has transferred lot 11,
in block 13, Irvington, located at the
corner of East Twenty-second and Sis
kiyou streets, to George Crawford, the
consideration being $2700.
Henry Hartje Buys Irvinfrton Home.
Henry Hartje has purchased the
home of Eva Legler, in Irvington, on
East Twelfth street near Siskiyou, for
Home In Woodmere Sells for 92000.
Fred L. Howard has purchased lot
18 in block 15, Woodmere Addition, in
the South East Side, from Ira Martin,
for $2650. This saJe included a. bouse.
Transactions Are Expected to
Be Completed Before End
of This Month.
CORNER OPTION IS VEILED
California Investors Are Expected to
Purchase Fifth and Stark-Streets
Property but Definite In
formation Is Withheld.
While followers of the realty market
were busy last week trying to find out
the identity of the option takers at the
northwest corner of Sixth and Stark
streets and the location that will be
selected by the Labor Council for the
site of the proposed Labor Temple,
several prominent brokers were work
ing hard to wind up two big realty
deals that have been hanging Are for
The probability is that these trans
actions will be concluded before the
end of the current month and the tone
of the market, hna imnroved so munli
within the past five weeks that other
large deals will no doubt be put for-
ward in the near future. There is no
denying the fact that the multiplicity
of recent transactions and the in
creased willingness of the investors to
buy inside property will exert a whole
some influence on real estate for some
time to come.
Callfornlana Want Corner.
The wild rumors that have been
going the rounds following the original
announcement in The Oregonian that
an option had been taken to purchase
the northwest rnrnppif Sixth nnrfKtnrk
j streets for $275,000 were set at rest
last week when J. C. Ainsworth an
nounced positively that the United
States National Bank is not consider
ing a proposal to locate on the site.
Mr. Ainsworth threw considerable
light on the situation by announcing
that friends of his from California
had conferred with him relative to the
site before closing an option with the
owners Harry Wolf, Marcus Wolf and
Alexander Wagner. Marcus Wolf lives
in San Francisco, but came to Port
land recently to sign the option.
Henry W. Fries, of the realty arm of
Wakefield. Fries ; Co., who is holding
the option for the principals, would not
give any information on the option last
week except to remark that the pros
pective purchasers live outside of Ore
gon, which lends further credence to
the explanation given by Mr. Ains
worth. Various reports were to the effect
that the United States National. Theo
dore B. Wilcox and the Southern Pa
cific Company were the option-takers,
but none of these reports received
official confirmation. If the California
investors purchase the property, it is
presumed that they will improve it
with a 12-story building.
Maplchurst Home Brlnss V14,5KI.
One of the most important residence
sales of recent months was concluded
last week when Charles Rudeen, a
pioneer -meat packer, purchased the
Fred. Zimmerman residence on a
quarter block at East Thirty-fifth
street and Beakey avenue In the Maple
hurst section of Alameda Heights. The
Rudeen residence commands a view of
the entire city.
Parlt-Strect Lot Sold.
For a stipulated consideration of
$5865 Elvin C. Condit last week gave
A. L. Levy title to a portion of a lot
on the east side of Park street, between
Hall and Harrison streets.
Home In Lox Brings $30OO.
George M. Young has transferred
lots 1 and 2. in block 1, Lenox Addi
tion, to Charles Arata, the reported
consideration being $3000. This prop
erty is located on Holgate and East
Fifty-first streets. A home went with
Charles II. Pnct- Buys Quarter Block.
The Alameda Trust Company has sold
lots 15 and 16, in block 50, Alameda
Park, to Charles H. Page. . The con
sideration named in the deed was $1350.
L.ot tn Mentone Sells for 8105.
Robert Hess has purchased lot 12 in
block 5. Mentone Addition, in Rose City
Park, from W. H. Flanagan, the price
named beinir $1025.
Directory of Prominent
Life Insurance Agencies
Members of Life Underwriter
Association of Oregon
Wm. Goldman. Manager.
it. ' G. Co 1 1 o n. Manager.
MASSACHUSETTS MUTUAL, LIFE.
Chamber of Commerce Bid a.
K. L, Harmon. Manager,
PENN MUTUAL. LdKK
Northwestern Liank Bids.
Horace Uecklem, Manager
NEW ENGLAND MUTUAL. LIFE.
Northwestern Bank Bids.
Alma D. KaLZ. Manager.
MUTUAL, LLfcE INSURANCE CO. OF N. T.
G. M. Slocnm. Mgr.
RELIANCE LIFE INS. CO.. i'lttsbnrg. p-
206 Morgan Bldg., Portland. Or.
P. Lockwood. Vlce-Prea. and Gen. Mar.
COLUMBIA LIFE & TRUST CO.
20 2 Stevens Bldg.
PettU-Groeamayer Co., General Agents.
THE TRAVELERS' INS. COT.
303-310 Wilcox Bldg.
E. W. Amesbury. Manager
NORTHWESTERN MUTUAL, LIFE iNS. CO.
Northwestern Bank Bldg.
Western Oregon Agency,
COLUMBIA LIFE & TRUST CO..
Stll A Bliss. Gen. Agta.. 204 Stevens Bldr.
BUILDERS' SUPPLIES and
J.C. ENGLISH CO.
C Irvlns: and Union Avenue,
Facturj to Oonsumer.
Phones E l-4:. ij uw.
Phase Main 1005.
Morgan Wallpaper Co.
230 Second Street Near Salmon Street,
Therels a Good Paint House
TIMMS, CRESS & CO
184 Second Strcest