The Sunday Oregonian., February 25, 1917, SECTION FOUR, Page 10, Image 58

10
THE SUNDAY OltEGOXIAX, PORTLAND, FEBRUARY 2J, 1917.
GOVERNMENT FAILS
III BUSINESS, VIEW
Private Conduct Under Regu
lation Declared to Give
Better Results.
INSURANCE DATA ARE CITED
Farmers' Non-Partlsaii League At
tacked and Organization Against
Further Spread in North
west Is Troposed.
Bt C. TJ. BABCOCK.
Secretary IiiBuranco Federation of Oregon.
(Portion of paper on "The Htate in Busi
ness" Head Before the Portland Realty
lioard laast Friday.
It Is the tendency of the times to lean
on the Government, to question the mo
tives of business men and to attack the
private management of business. State
control of many lines of business that
have been conducted by private capital
eince this overnment was established,
is advocated by ambitious politicians
and by a. constantly growing socialistic
element of our citizenship, and jet this
ever-increasing agitation for collective
control and management of business Is
scarcely warranted by the record of
the world's progress in this direction.
While there are certain activities of
Bl semi-public nature which it may be
admitted, can be operated to better ad
vantage by the city, state or Federal
Government, generally speaking, better
results will be obtained by strict su
pervision and regulation, permitting the
actual conduct of business to remain in
the hands of private capital. Let us
refer briefljto the experience of some
of our states'and cities in attempting to
carry on lines of business requiring
skill and. technical knowledge.
Many Cities In Straits.
Glance at the public annuity funds of
other cities, states and countries:
The teachers' retirement fund of New
Jersey, established in 1896, required an
increased income In 1899, 1903 and. 1906.
The pension system in Porto Rico,
established in li98, was abandoned In
1905.
The Boston pension system, estab
lished in l'JOO, had to face a deficit in
1914.
The Indianapolis fund, established in
1907 was in financial straits in 1914.
The Maryland fund, established in
1908 had to increase its resources in
1912 and 1914.
The Virginia system, established in
1910 was compelled to reduce its pen
sions as early as 1912.
The Cincinnati fund, established in
1911, found it necessary to reduce its
pensions in 1914.
The Illinois system, established in
1915, was made the subject of a legis
. latlve investigation before it was a
year old.
The London Metropolitan police pen
sion fund in 1S54 amounted to $140,000,
or 8 per cent of the payroll. In 1890
this had grown to $985,000. or 17 per
cent of the payroll, and in 1915 to $2,
947,000, or 30 per cent of the payroll.
In Berlin the civil pension roll
amounts now to approximately 37 per
cent of the payroll.
State iDHDrance Acta Drastic.
South Carolina enacted a series of
laws covering the conduct of the in
surance business that were so drastic
and so filled with contradictions and
Inconsistencies that the companies
found it impossible to comply with
their provisions and withdrew from the
State.
Wisconsin has been experimenting
for many years wtih state life and fire
insurance. Governor Phillip says the
laws are a failure and should be re
pealed. M. J. Cleary, Insurance Com
missioner of Wisconsin, says that the
only way that the laws can be made
successful is to make them compulsory
and exclusive.
In 1915 J. V. Gillies, claim agent of
the Industrial Insurance Commission of
"Washington, embezzled about $20,000 of
the funds of the commission. This in
cident resulted in a thorough house
cleaning, the appointment of a new
commission and a survey and audit
of the department by the State Auditor,
requiring about 10 months' time. In
liis official report the Auditor de
nounced the old commission for ineffi
ciency, extravagance and incompetence
a.nd reported that the reserves set aside
for the payment of permanent disability
and death claims were more than $500.
000 short.
Many Pay "Without Benefits.
Oregon taxpayers who are not oper
ating any industry under the work
men's compensation act of this state
and who derive no direct benefit what
ever from the law. are contributing
more than $100,000 per year to help pay
the losses of those who are operating
under the act and who are directly
benefited by its provisions.
Less than two years ago the Farm
ers' Non-partisan League was organ
ized, in North Dakota. At the Novem
ber election the league captured the
Governmental machinery of the state.
The campaign was made on a platform
calling for, among other things, com
pulsory hail insurance.
In 1916 less than 10 per cent of North
Dakota's farmers elected to avail them
selves of the 30-cent per acre premium
rate offered by the state. The other
90 per cent went without hall insur
ance or paid old-line rates running as
high as $1 per acre. Those who paid
$120 for $2000 worth of insurance in
old-line companies received $2000 on
the loss of their crops while those who
paid $60 for an equal amount of pro
tection from the state fund were com
pelled to content themselves with $760
a difference of $1180 in favor of the
old-line insured farmer, after the ad-
ditional cost of Insurance was deducted.
It is said that the funds at the com
mand of the league In charge of the
campaign for compulsory health insur
ance, through Its membership fees and
contributions raised by personal ap
peals, are enormous. The league al
ready has 12,000 members in Minnesota
and is spreading to Montana, Idaho,
Washington and Oregon. That Oregon
Is on the league's list is confirmed by
private letters from those in touch with
the movement in North Dakota.
Local Situation Cited.
Organized labor, the Grange and the
Farmers' Union have patiently devel
oped, a working' coalition in this state
that already has made considerable
.progress along the lines followed In
other states.
Common prudence dictates that It is
high time for all of the conservative
business interests of the state and all
who believe in the preservation of
American ideals and American instltu
- tions to organize and prepare for the
invasion of the forces that have en
gulfed North Dakota and are now
spreading all over the Northwest. The
conflict may be delayed, but it cannot
be averted. The leaven of socialism
permeates the body 'politic from the
National capital to the humblest coun-
try constable, and it behooves the great
body of patriotic, home-owning. God
fearing American citizens to join hands
in a great movement for the mainten
ance of the ideals of our fathers.
The Insurance Federation, organized
in 45" states with a strong National
executive, council, has the officers and
the artillery with which to win this
war. It is up to you. and the other
substantial men In this and other
states, to furnish the privates to fill
the ranks and the powder:and lead with
which to load the guns.
18 HOME PERMITS ISSX-'ED
Work on New Residences Begins
Despite Unfavorable Weather.
Desp;te the unfavorable weather of
last -week, the past fortnight has wit
nessed the commencement of several
residences in "various parts of the city.
Following is a list of the owners se
curing permits issued during the two
week period:
T. B. Wlnshlp for a $3500 one-story resi
dence at 1241 East Couch street, in Laurel
burst. E. L. Larger for a $2000 residence at 774
East Seventy-first street. In Hyde Park.
T. Haddock for a $2500 residence at S7
East Eighty-seventh street, in Terrace Park.
Lillian J. DeKeater for a $30O0 bungalow
at 484 East Porty-flrst street. North, in
Kossmere.
L. C. Davis for a $2500 residence at S8
East Thirty-third street. In Sunnyslde.
.Mrs. Laurence Selling for a $0M0 resi
dence at 514 Twenty-first street, Portland
Heights, j i , .
Thomas Burns for a $5300 residence at
1204 East Thirty-sixth street.
Galllinore & Hoore for a $3000 bungalow
at VJ92 Rodney avenue. In Piedmont.
The Oregon Home Builders for the, construction-
of three residences, one at 908
Bryce avenue, Olmstead Park, to cost $5500;
one at jr:to Virginia street. South Portland,
to cost $2r(H), and a $2OO0 residence adjoin
ing the latter tn outn Portland.
Arthur .Vrenderberg a $120O dwelling at
292 East Eighty-seventh street.
C. Brookhardt a residence at 50ri Myrtle
street. Portland Heights. . to ' cost $1000.
mi 'ft i I
- - s - - i , - s f - S. -
ARCHITECT'S DRUVIN'G OP STRICTIRK SOW KIMSHKD AT roRJIsR lK SECOND STRUCT AD CAS
CADE AVEMK, HOOD RIVER.
The officers of the Hood River Garage, Mark Cameron, president; O. T. Wedermeyer. vice-president,
and C. E. Coffin, secretary, are planning to occupy their new garage building, located on the northwest
corner of Cascade avenue and Second street. Hood River, on or soon after March 1.
The structure is built on sloping ground, 100 feet square Tn area and varies in height from two to one
stories. The exterior is concrete. Plans for the building were prepared by Sutton & Whitney. Portland
architects, and the construction cost was about $15,000. The Hood River Garage Company has the deal
er's agency for the Franklin, Paige, Grant and Chevrolet automobiles.
J. N. Braun a $12."0 residence at 2913
Fifty-first street. Southeast, in Creston.
H. Prouty a $2700 bung-alow at 404 East
Korty-flfth street. North. In Rose City Park.
O. A.- Blddle a $1600 residence at 1543
Denver avenue. First Electric Addition.
F. Wolyns a $ir.OO residence at SM6 East
Twenty-seventh street. North, in Alameda
Park.
W. A. Nolan a l.r00 dwelllnK on Hayes
street, between Alms street and the North
Bank Railroad, In Kouth St. Johns.
Roseburg Man Goes to Roundup.
ROSE BURG, Or., Feb. 24. (Spe
cial.) S. S. Joseph son, for several
years secretary of the Roseburg Com-
ercial Club, is now located at Round
up, Mont., where he has been elected
to a position at the head of the board
of trade of that city. Mr. Josephson
was considered one of the most pro
ficient publicity managers in Oregon.
and was the means of bringing many
newcomers to Roseburg and Douglas
County. He will be joined by Mrs.
Josephson and little son some time next
month. They are at present visiting
with the formers mother at Walla
Walla, Wash. Mr. Josephson will as
sume his new duties at Roundup on
March 1.
Ranch Xcar Durkc Sold.
At an announced consideration of
$50,000. Floyd C. Vaughan has sold his
640-acre ranch at Lurkee to Byron
Vandecar, a prominent rancher of East
ern Oregon. As $24,000 of the payment
Mr. vandecar gave Mr. Vaughan
title to a JZO-acre ranch near Haines.
The balance was cash. The transac
tion was handled through C. H. Newton,
of the Myers Investment Company of
Baker.
ULTIMATE HOME OF UNITED STATES NATIONAL BANK IS
RAPIDLY ASSUMING FORM.
9 "v
1 1" J 4' fh II 5 li I I i-
PARTIALLY COMPLETED STRUCTURE AT NORTHWEST CORNER
OP SIXTH AND STARK STREETS, SHOWIAG STARK-STREET
EXTERIOR NEARLY FINISHED.
REALTY
IKS WEEK
School Board Takes Site on
East Twenty-Fourth Street
for Polytechnic Plant.
MOOSE LODGE WILL BUILD
Contractor for Posloffice Has De
lays by Reason of Concrete and.
Bad Weather Novelty in
Bungalow Proposed.
Final adoption of plana for the pro
posed home of the Loyal Order 'of
Moose that is to rise on the lodge
property at the northwest corner of
Fourth- and Taylor streets, and pur-
IPOKTflT
DEALFif
HOOD RIVER GARAGE BUILDING IS. COMPLETED AT
-n.u mi sawmill
chase by the School Board of a site for
a proposed Polytechnic School for Girls
furnished features in the local realty
and building market last week.
The plans for the new Moose build
ing have been completed by Hough
taling & Dugan. the architects in
charge, and were adopted by the lodge
officials last Wednesday night. Bids
will be invited in the near future and
actual construction is to follow short
ly, with the prospect of having the
building completed by September 1.
The proposed structure is to cost in the
neighborhood of $45,000. The site is
L-shaped. embracing 8300 square feet.
It cost the lodge in the neighborhood
of $80,000 about two years ago.
Three-Story Building Proponed.
The plans call for a three-story
building with space on the lower floor
for five stores, a barber shop, and the
main entrance to the building- The
second floor is to include an entrance
lobby, social quarters, parlors, offices,
lounging, card, billiard, and dining
rooms, a kitchen, buffet and a gymna
sium, 32 by 65 feet in area, with sup
plementary rooms. The top floor is
to contain the main lodgeroom with a
large stage and a smaller lodgeroom
for the Junior Moose. The main en
trance will be on Fourth street.
The structure is to have a red brick
exterior, with galvanized- iron cornices,
and is to be built along colonial lines.
School Site Chosen.
Four blocks of land bounded by East
Couch, East Everett. East Twenty
fourth and Kast Twenty-sixth streets
were acquired last week by the School
board as the ultimate location for the
proposed new polytechnic school for
girls. The property was purchased by
J is
- l
the board at a valuation of $75,000. of
which $40,000 was satisfied by giving
the owner, William H. Mall, a Portland
real estate broker, title to the Buckman
School building at Kast Twelfth and
East Burnside streets, and the entire
block of land on which the latter struc
ture is situated.
After streets are vacataed the prop
erty acquired by the board will have
a full area of 460 by 410 feet, embracing
37 lots. It is served by three carlines.
Postoffle Work Delayed.
Grant Fee. the San FranclBCO con
tractor in charge of the construction of
the $1,000,000 Portland postoffice build
ing, has been having troubles of his
own lately. For a considerable time
after the concrete piles were ready for
placement Mr. Fee s workmen were
obliged to halt until the concrete had
hardened and last week-the uncertain
and severe weather caused additional
delay. Under the terms of the contract
the building must be completed within
22 months from the time construction
was commenced.
Brick Bungalow Planned.
F. Manson White, a Portland archi
tect, is planning the construction of a
seven-room brick bungalow in the Ir
vlngton district which is said to he
the first of its type erected in this city.
Mr. White will himself occupy the new
bungalow. The site is on Cast Six
teenth Ktreet between Beech and Fail
ing streets.
Plant Plans EsUrged.
Definite decision has been reached by
Ralph Hahn. manager of the Frel
Pickle Works, that the main structure
of the new factory plant to be erected
COST OF $15,000.
if. !i i l i
on the recently acquired site along the
Macadam road Is to be three stories
and basement above a ground dimen
sion of 100 by 150 feet. The annex is
to be one story, 75 by 100 feet in area.
The interiors are to be of mill con
struction and the walls of concrete ac
cording to the plans outlined by the
architect. F. Manson White. Originally
a smaller annex was proposed.
CITY LOTS ARE SOLD
FRED W. GERMAN NEGOTIATES
SEVERAL CASH DEALS.
Cheaper Class of Property Reported In
Demand Three or Four Old Places
to Be Removed. -'
The Fred W. German Company re
ports the sale or property located on
the Northwest corner of Seventy-third
street and Fortieth avenue Southeast,
to Joyce Warden Clark for M. F. and
Agnes Terry. This tract. 118 by 179 in
area, has a badly run-down cottage on
it and the new owners have taken pos
session and are making extensive im
provements. A five-room cottage was sold for F.
Neubauer to Addle Minor, located at
1302 East Sixteenth street North. The
new owners are recent arrivals from
Tennessee.
A badly dilapidated piece of property
at 1544 Kast Eighth street North was
sold to James Crooch for Vern S. Ward.
It is located on the southeast corner
of East Eighth and Holland streets,
Woodlawn.
Lots 19 and 20, Tifffs Sjbdlvision
Block 4. Smithson's to East Portland,
were sold to W. E. and H. E. Hudson
for the William Fliedner estate. This
property is located on the northeast
corner of Fisk and Oberlin streets.
For Simon and Anna Stritzinger. lots
7 and 8, block 17. Katlierine Addition,
were sold to W. V. Loom is. This prop
erty is vacant and is located at the
corner of East Seventy-seventh ana
Multnomah.
Another vacant lot was sold -lot 1,
block 6, Gleneyrie Addition, located on
Twenty-sixth and Stanton streets. This
property was sold to C. S. Battin and
was an all-cash transaction. Mr. Ger
man was assisted in this sale by Fred
A. Jacobs, of the Fred A. Jacobs Com
pany. A stucco bungalow containing five
rooms, located at 621 Willis boulevard,
corner of Dana, was sold to F. H. and
Dora V. Kearney for William M. Ryan
and wife. This was an all-cash deal.
Another all-cash transaction was the
sale of a four-room cottage to George
and Lizzie McDonald by Mr.- German.
This cottage is located at 665 East
Eighty-first street, lots 14 and 15. block
12. Gregory Heights.
A five-acre tract located 3H miles
from Sycamore on the Foster road was
sold for J. A. Merriman. of Eugene, to
J. B. and Bella PurcelL This property
was in a run-down condition and will
be greatly improved by the new owners.
A two-acre tract in the Wise Acre
Tracts about three miles this side of
Woodburn was sold to Charles and Em
ma Root for Bessie M. Hlrsch. and a
1 1-6-acre tract near Garden Home was
sold to F. N. Whitney, of Monroe. Or.,
for Evelyn Fisher, the legal description
being tract 6. Evelyn.
Mr. German personally purchased
lots 23 and 24, block 5. Gregory Heights,
from W. M. Lorenz and wife. This
property is located on the northwest
corner of Seventy-seventh and Klicki
tat streets and has a two-room un
finished shack house on it.
Mr. German also sold the timber on a
12-acre tract in Klickitat County,
Wash., belonging to himself, to the
Western Pine Lumber Company. ,
Mr. German reports a stronger de
mand for the cheaper class of property
than at any time during the last five
years.
North Dakotan Buys Farm.
G. L. Spe'rling and A. L. Sperling have
sold their farm, located two and one
half miles north of Independence, to
John Titus, a new arrival from North
Dakota, at a reported consideration of
$30,000. The farm embraces 220 highly
improved acres located in one -of the
best farming districts of the Willamette
Valley. Mr. Titus will be joined on
the farm by relatives from North Da
kota. The sale of the former Sperling
place was handled through Peter
Springer, of Salem. - . ;
PORTLAND TO HAVE
OWN TOY FACTORY
Great Demand of Northwest
for Gifts to Be Met by
$30,000 Corporation.
WASTE WOOD UTILIZED
Growth of Industry Nationally Is
Pointed to as Evidence of De
mand and Opportunity for De
velopment of New Field.
In the wake of the announcement
made last Sunday that the Portland
Stove Works and the Oregon Packing
Company had purchased new locations
for the expansion of tfietr business
comes an entirely new industry, the
Valentine Manufacturing Company,
which appears destined to act as the
forerunner of a number of successful
Industries designed to capitalize raw
products of Oregon and compete for
the trade of the country with articles
of staple demand.
Toys to Be Mannfaetared.
The Valentine Manufacturing Com
pany, an Oregon corporation capitalized-at
$30,000. has leased the two-story
factory building on the southeast cor
ner of East Tenth and East Lincoln
streets, where it will engage immedi
ately in the manufacture of wooden
products, such as staple toys, special
ties, nursery, lawn and garden furni
ture and art gifts. Short length and
blocks not now being utilized in the
manufacture of commercial lumber will
be used to make the products.
The company is owned and controlled
by a group of Portland business men,
none of whom has been permitted to
purchase more than $500 in the stock
of the company. I W. Cronan. the
fiscal agent who organized the com
pany and sold all its stock, is planning
to develop other factories that will also
use Oregon raw products, such as lum
ber of both hard and soft variety,
fruits, grain, cereals and wool.
Portland Capital Involved.
Mr. Cronan. who has given industrial
development much attention during his
experience as chairman of the free-factory-site
committee of the Portland
Realty Board, believes that the quick
est and surest way of acquiring new
factories In Portland Is to interest
Pqpjtland capital In the utilization of
local raw materials which can be made
into staple products which will find
ready outside consumption.
In the past year the toy industry
alone has grown by more than $10,000.
000 In the United States, and the fac
tories of Vermont, Masachusetts and
New Hampshire have paid large divi
dends on the basis of wood purchased
In the West and manufactured Irvto
toys, many of which have returned to
the West for sale in their finished
state.
The Pacific Coast territory, comprised
of the 11 Western States, Is said to use
more than $3,000,000 worth of toys tid
kindred wooden specialties, yet less
than 3 per cent of this amount is
manufactured in the Pacific Coast ter
ritory.
The new Portland factory Is to be
managed by John J. Valentine. vho has
had II years' selling experience In' the
Pacific Coast field, part of which time
was spent in the toy business. As soon
as new machinery can be placed In the
East Side factory building, probably
within two weeks, production will be
launched. W. J. Duncan, who has had
many years' experience In the wood
working Industry, will be foreman of
the plant.
BUILDING BOOM IS UNDER WAV
Many Residences and Three Busi
ness Buildings Arc Going Up.
GRANTS PASS, Or.. Feb.. 21. (Spe
cial. I Grants Pass residences are all
filled and with a demand for more, a
building boom is under way here. Sev
eral new houses have been commenced.
G. A. Carner is building a solid block
of bungalows on the principal resi
dence street, five of the houses now
being near completion. He will con
struct at least a score during the
Spring. As a novelty in the arrange
ment, Mr. Carner has constructed a
community garage in the center or the
block for the use of all the renters.
There is a greater demand for houses
this Spring than at any time for many
years.
Other building operations now being
carried on include the $80,000 court
house and two business blocks. One
of the latter Is a brick building on
South Sixth street, to be occupied by
the Hobart garage. The other Is a
two-story concrete building being
erected at Fifth and J streets by Burk
halter & Haberman for a feed store
and warehouse.
ASSESSMENTS FACTORS IN LOAN
Flnancinl Institutions Do Not Take
All Insurance Policies.
PORTLAND, Or. (To the Life Insurance
Editor. ) Will you kindly answer a question
through the columns of The Oregonlitn?
Can a loan be obtained by using- a straight
life policy us security? if so. where can
same be neRot iated ? The policy In point
has been running 2:t years, a straight life,
mutual policy, with assessments, which have
each time been paid promptly.
INQUIRER.
You cannot secure a loan on an as
sessment policy unless the company
itself is willing to make the loan. No
financial institutions in the country
make loans on assessment Insurance
Were It not for the assessment feature
in your policy it would be negotiable
at any bank or with the company itself
at an interest rate of 5 or 6 per cent.
Toppenish Fanner Sells Tract.
L. T. Parker, of Toppe-nlsh. Wash.,
recently sold a 240-acre farm, located
two miles east of Tangent, to his
brother. W. E. Parker, an Albany
grocer, at a consideration of $20,000.
W. E. Parker already owned 310 acres
adjoining the place he purchased from
his brother. Both farms formed a part
of the Parker estate left by the-father
of L. T. Parker and W. E. Parker. The
deal between the two brothers was
handled through Hecker & Besm, of
Albany.
Your Intention to Insure
may be
:USH Lf
Wm. Goldman, General Manager, 209-210 Oregonian Building.
Men and Women of Good Character Wanted as Agents.
FAMILY BUDGET
INSURANCE AS NEEDED COST
Model Estimate for $1500 Man Is Drafted by Professor Andrews, of Amer
ican Home Economics Association Importance of Protection Asserted.
BY LIFE INSURANCE EDITOR.
SINCE the high Cost or living has
become such a momentous ques
tion, many families are experi
encing actual difficulty in making both
ends meet. One solution to the prob
lem has been .an attempt to make both
ends meet, so to speak, without meat.
Various other economies are being
practiced, and in many cases it has
been found necessary to adopt an ex
tremely rigid budget for family expen
ditures. Professor B. It. Andrews, chairman
of the budget committee of the Ameri
can Home Econc-mics Association, after
a careful study of the situation, recom
mends that a systematic division of ac
counts be adopted, snowing the amount
which should be proportionately set
aside for rent. food, fuel, houso fur
nishing, clothing, carfare, lunch." help,
recreation, education, insurance, and
various other items.
In establishing a budget for a family
which has approximately $150n a year
to spend, the following apportionment
is recommended:
Rent $300.00
Light, fuel, laundry and cleaning
supplies, and Ice 7n.no
Furniture and repairs oo.OO
Meat, fish, eg-gs. milk, cheese, dried
vegetables r.12.00
Flour and bread ou.uo
Sugar, syrup, tea. coffee and other
groceries
Clothing 325.no
ACTIVITY IS ASSURED
Considerable Building Planned
Throughout State.
ELEVATORS TO BE ERECTED
As. tor la, Shuttier Kalis, Dufur and
Condon Report Proposed Work.
Armory at 'hs Bay and
Other Projects. Listed.
Reports reaching Tortland from vari
ous sections of the state Indicate that
the Spring season is to witness at
least normal activity In building.
Within the next two months the Port
of Astoria is expected to Invite bids for
the construction of new bulk grain ele
vators to cost In the neighborhood of
$275,000. The plans have been pre
pared by Tt. It. Bartlett. port engineer.
A contract was let at Astoria recently
for a three-story building for the As
toria Soap Company pursuant to plans
drawn by E. N. Larry.
A grain elevator of 150.000 bushels
capacity is planned for erection on
Shuttier Flats, six miles south of Ar
lington, one of 100.000 bushels capacity
is planned near Dufur and the capacity
of the Condon plant is to be increased
from 50.000 to 150.000 bushels. Dele
gates who attended the recent grain
standard hearing In Portland estimated
that more than 100 bulk grain eleva
tors ot various dimensions will be
erected in the interior country this
year.
Coos Armory to Cost (40',OO0.
A sum ot $20,000 appropriated by the
Legislature for the construction of an
Armory building at Marshfield is to
be matched by a like amount raised
by Marshfield. making $40,000 avail
able for the building.
Officials of the Basche-Sage Hard
ware Company at Bend have decided to
erect a modern fireproof warehouse
building to cost $15,000. The structure
is to cover a site irregular in shape
with dimensions of 172 feet, 159 feet
and 45 feet.
Sutton & Whitney, Portland archi
tects, have charge of plans ror a large
evaporator plant to be built at The
Dalles tor the Wittenberg-King Com
pany. As yet the exact details or the
proposed plant have not been made
public, but it Is understood that the
Investment in buildings will be be
tween $80,000 and $90,000.
College Buildings Assured.
Appropriations granted by the recent
Legislature will rinance the construc
tion of a new women's dormitory at the
University or Oregon, to cost about
$50,000. a $65,000 library unit on the
Oregon Agricultural College campus
and enlargement or the gymnasium
and assembly hall at the Monmouth
Normal School at a cost of about
$31,000.
A site has been acquired at Oregon
City for the erection of a three-story
modern, garage building estimated to
cost about $17,000. An automobile firm,
the Miller-Parker Company, negotiated
ror the purchase or the property, which
is situated at Ninth and Main streets.
L SHANAHH HAS MOVED
IMPROVED QUARTERS IX DEKl'M
BtlLDlG ARK OCCll'lED.
After SH Years im Hnslsm In Port
land, Floor Space of 6O0O Keet
Is Occupied.
An important milestone in Portland's
mercantile- progress will be marked
this week, when L. Shanahan, one ot
Portland's prominent pioneer mer
chants, will formally open his new dry
goods store in enlarged quarters in
the Dekum building, on the southwest
corner of Third and Washington streets,
with two entrances on Washington
street and a third entrance on Third
street. Removal from the old quarters
at 144-146 Third street was completed
last week.
Mr. Shanahan first entered the mer
cantile field with a emaM dry goods
store at First and Salmon streets more
than 28 years ago. About 10 years
later he moved to the Fleischner build
ing on Third street, where he remained
until last week. Constant growth and
expansion of business and enlargement
of an already immense stock compelled
Mr. Shanahan to seek nfw quarters
a consoling memory to your
widow, but it won t lift the mort
gage or buy food for the family.
Insure in the
National Life
Montpelier, Vermont. ,
PROVIDES FOR
Shoes 7O.00
Insurance al.'i
Carfares 4.H
lentist and physician 3mo.
Recreation, church, and charity o.OO
This division of expenses will leave
only a few dollars for items that art
difficult to classify and to cover un
expected expenses.
Strange to say. one Item of the
budget is not regarded by many fami
lies as a necessity, but rather u a
luxury; that item bving insurance. '
There are innumerable instances on
record, where family budgets have been
established.'and the heads of the fami
lies have not included insurance upon
their own lives. This is regarded by
students of economics as a serious
error. No one can tell when the bread
winner will. die. but certainly at the)
time when hin earning power ceajses,
there should be some provision made
for immediate cash, so as to give the)
other members of the family an oppor
tunity to adjust themselves to new con-
ditions. whatever they may be.
At any first-class stationer's you iviH
find that a family budget book may bo
purchased at a nominal price, and in
making up the budget, it is well to give
careful consideration to the item of
insurance, apportioning as much to
this one Item as can consistently bo
done. At any rate, it is really an item
which could be properly classified as
"savings." because in a great emer
gency, if a policy has been in force
three years, there is a substantial loan
or cash surrender value.
that would glvo him more space to
carry on his business.
Thejiew location, which is numbered
2S4-2fii Washington street, as well as
12.1 Third street, embraces a floor
area of 6000 square feet not including
a basement of like area. It affords 46
feet of plateglass window frontage on
Washington street and about 25 feet on
Third street. The former Third-street
locntjon had but 3000 square feet of
space and much less window front&gtt
than the new premises.
Many improved innovations huve
been made in the Dekum building;
quarters to facilitate the efficient han
dling of business. Among the new de
vices are IS electric change-carriers
which Insure quick service betwren
the wrapping desks and the adminis
trative offices. The interior of the
store Is finished in white with effec
tive green trimmings.
FARM PROPERTY- EXCHAXGKD
rtIi-u Plaee Is Traded for Timber
Tract Near North Yamhill.
Mr. and Mrs. M. S. Wallis, formerly
of Kugenc. but now residing here, have
exchanged their 70-acre farm, about
seven miles southeast of ICucene. In
the vicinity of Ooshen. for 160 acres
of land belonging to Harry W. Itarh
herger and Augusta llarxhberger, of
Warrenton. Or., which i located about
seven miles west of fot th Yamhill.
The latter place is said to have be
tween T.OOO.imio and 8.000.000 feet of
first-class saw timber on it. in addi
tion to a. fair set of buildings.
In the transaction each piece of
property was valued at about $8000.
and all parties were represented by
Samuel Doak.
$26,000 CASH IE.L l'EXDIXQ
Leslie M. Scott's. Ilusiiicss Property
Involved in Negotiations.
As a part ot a three-cornered trans
action that is likely to be consum
mated within the next few days, salo
of Leslie M. Scott's property at the
southeast corner of Sixteenth and Alder
streets Is pending at a cash price of
$2b,000. Even Mr. Scott himself does
not know the identity of the purchaser,
and the agents interested in the trans
action did not divulge any particulars.
The corner is covered by two frame
buildings of two stories each, which
have been occupied for several years
by automobile establishments.
80-Acre Ranch Sold.
An encnursgaing real estate deal was
completed in Albany recently, when
L. B. Lu-per, of Tangent, bought the 80
acre ranch owned by A. ('. Schmitt,
situated two miles from Tangent- The
place is known as the Marquardt farm,
and Is half in clover. The farm La
well Improved and is considered one of
the best In the county.
Directory of Prominent
Life Insurance Agencies
M embers of Life Underwriters
Association of Oregon
Wm. Goldmnn, General Manassr.
NATIONAL. L.IFK OK VEKMONT.
Orenonian Bldg.
H. O. Colton, Manager.
MASSACHUSETTS Ml'TUAL LIFE.
Chmter of Commerce MMtc.
K. L. Harmon. Manager,
PK.VN MUTUAL L1KK.
Northwestern llnk Bids
H rsce Mecklem. Manager.
NEW ENGLAND MUTUAL LIFE.
Nort hweeteru Htiuk tldg.
G. M. Slocura. Mgr..
RELIAVCB LI KB INS. CO.. Pittsburg, Fa.
'I Morgan Blilg.. Portland. Or.
S. 1. Lc k ooU. Vi-e-Prea. and Gn. Mjf7.,
COLUMBIA LI KK & TRUST CO..
-'J Stevens Bids'.
Pettis-Grosstnayer Co.. General Agents,
TKAVtltEKS INSURANCE COMPA-.JY.
::. 310 Wilt-ox Rldg.
K. W Amfchurv, ManRKer.
NORTH WESTKK.M MUTUAL 1,1 KB INS. CO.
Northwestern Bank Bldg.
Judd Lowrey. Pupt.,
AMERICAN CENTRAL I.I KB INS. CO-.
71 ! Dekum Bldg.
John Pauer. Superintendent.
THE PKUDKNTI7AL INSURANCE. CO.
6"i Northwestern Bank Bldg.
" T. H MoAllla, State Mgr.,
UNION MUTUAL LIKE INS. CO.,
Board of Trade Bldg.
FIgar W. Smith. Manager.
EQUITABLE I.IFR ASSURANCE SOCIETT.
30rt Oregoniau Bldg.
State Members
Portland Realty Board
The following real estate men are
the accredited members In their re
spective cities of the Portland
Realty Board. None or these sought
membership, but were selected after
a canvass of the available men In
their line. If you have a real estate
transaction in any of these cities or
with information, write them:
Astoria Astoria Harbor Imp. Co.
Bend J. A. Kstes.
Rosebsrg W. A. Bogard.
BUILDERS SUPPLIES and
HOME SUGGESTIONS
J.C.ENGLISH CO.
LIGHTING
FIXTURES
E. Irving and I n ion Avenue.
Kirlory to Consumer.
I'hunra 11 1S43. J 12 $8,
A