The Sunday Oregonian. (Portland, Ore.) 1881-current, May 27, 1917, SECTION FOUR, Image 60

The Sunday Oregonian., May 27, 1917, SECTION FOUR, Page 12, Image 60

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Newspaper Page Text12 TOE SUNDAY OREGOXIAX, " PORTLAND, MAT 27, 1917.. 1000 REALTORS TO BE AT CONVENTION F. E. Taylor Tells Seattle Members of Work Done to 4t Dispose of Sharks. PUBLIC INTEREST SERVED Good Roads, Industrial Develop ment, and Vtllization of All of Xatural Resources Are Some of Objects. After a tour of Seattle, Spokane and Tacoma In behalf of the first conven tion, of the Interstate Realty Associa tion, which will be held at Grays Har bor August 9-11. F. E. Taylor, presi dent of the association, predicts that there will be fully 1000 delegates from the Northwestern states In attendance at the convention. There were 26 directors of the Inter state organization In the party that made the trip last week and the party moved on a wave of endless enthusiasm from city to city. Spokane, following the visit there, began to lay plans for a big special train to carry its delega tion and the delegation from Idaho. Every important city in the North west will put In the next two months in stirring up enthusiasm and developing as big delegations for the convention as pbssible. Paul A. Cowgill, Frank McCrillis, of Portland, and O. E. Skotheim, of Eu gene, represented Oregon in the party and there were F. K. Jones, of Spokane; E. S. Goodwin, of Seattle; E. R. Man ning, of Tacoma, and J. E. Calder, of Grays Harbor, presidents of the local realty organizations in thise cities, and a delegation of 10 from Hoquiam and Aberdeen, who attended the meetings in Tacoma and Seattle. Man, Not Profession, Elevated. F. E. Taylor, president of the Inter state Realty Association, in his address at Seattle gave one of the most thor ough outlines of the plans and pur poses of the organization that has been put forward. "The Interstate Associatior " he said, "was formed not for the purpose of ele vating the ethics of the profession of the real estate man, for such it is, but for the purpose of educating the real estate man up to such ethics. "The Interstate Association was formed to rid the profession of sharks and fight such freak laws as are cal culated to imperil property values. "The Interstate Association was formed for the building up of the en tire Northwest country. We realized that the real estate men have many serious problems to solve, the solution of which could be best accomplished through organization and united effort. "We realized that the Pacific North west has an honorable reputation to maintain and a serious mission of cor recting falsehoods and error as to ex isting conditions within our territory. Public Confidence Weakened. "We realized that In the past prac tices had grown up here and elsewhere which undermine the confidence of the public in the real estate profession; we realized that such practices must be eliminated and the unworthy individual exposed and punished when the public good demanded such action. "The Interstate Realty Associa tion rfas formed not only to promote the interests of the real estate profes sior but to render a genuine service to the Pacific Northwest. "To assist in the promotion of road construction, road projects, road legis lation, building, industrial develop ment, including manufacture of all kinds and all things which tend to the development of this Northwest coun try. "It will aim to gather data and sta tistics regarding resources and will continually endeavor to present favor able opportunities to outside capital for investment. Educational Campaign Advised. "The real estate profession in the Pacific Northwest is now on a liigher standard than ever before. With the organization of the Interstate Realty Association the business of the real es tate operators is bound to reach a still higher plane. "Our membership comprises the rep resentative dealers of every community In the Northwest and should become a great factor in the future development of the North Pacific Coast. "There is need of a real campaign of education both as regards the pub lic and its relation and duties to the real estate men and also on the part of the profession of brokers in their po sition of trust and responsibility to the public "It was with these, and many other thoughts, that the Interstate Realty Association was formed. "Few men are in position to do as much as the real estate man to advance the welfare of a community. "We felt that the thing most needed In this Northwest country was more of a spirit of co-operation between sec tions, the elimination of state lines, more of a pull-together spirit and that is just what we are endeavoring to accomplish. By having members in all the different sections of this North west country there is bound to be a closer feeling between dealers. '' . Public Enterprises Helped. "The serviceable purpose of the real estate man now is finding stronger ex pression through organization. Real estate men Identify themselves and their railing with the activities that are of public moment, whether direct ly connected with the selling of land or not. "The field covered by the Interstate Tlealty Association consists of the states of Washington. Idaho and Ore gon and I hope to see at this, coming convention the by-laws so amended as to comprise all of the territory lying west of the Rocky Mountains. "The future of the Northwest coun try is without limitation, not only be cause of the diversity of resources, but also because of the expansion of the trans-Pacific commerce- that is bound to assume tremendous propor tions after the war. Great opportuni ties in industrial and development en terprises await capital. Thousands of email farms are available for persons of limited means. "It is the mission of the Interstate Realty Association to disseminate these facta and to assist prospective invest ors and homeseekers to become estab lished properly in this land of oppor tunity. "The coming convention from pres ent indications, will have an attendance of at least 1.000 delegates and their wives. "The Portland Realty Board has practically completed plans to run a big special train to Grays Harbor for the convention, and from present-indications will carry at least 250, and In addition 100 from other parts of Oregon. I have wondered, would it not be possible for you to run a spe cial train, from Seattle?" My under standing is that you need only 100 for a special train and with those who will be accompanied by their wives this number should be easily obtained. It would be a big advertisement for the Seattle board and would mean much to the association at this particular time. Experts to Be Heard. "Subjects of great importance will be discussed by recognized experts in their specialized lines. Some of the subjects are as follows: 'Mortgage Loan.' 'Farm Trades,' 'City Trades.' Rural" Credit Bill.' 'Relation of the Banker to the Real Estate Man.' 'Pub licity,' 'Advertising Ethics.' "Homes,' Real Estate as an Investment,' etc. "Among those who have been in vited to speak are: Tom Ingersoll, N J. Upham, president International Real ty Associates, Duluth the Internation al Realty Associates is the financial end of the -National Association and others equally prominent. ' "Our Tom Ingersoll, executive secre tary of the National Association, as sures .me that he will.be glad to at tend, if acceptable to the president elect to be selected at the Milwaukee convention, and as I expect to attend that convention, will do my best to see that Tom comes along. "Although the entertainment fea tures are always enjoyable and they will be most elaborate at the coming convention, we meet for business. Those real estate men coming from different parts of Idaho. Washington and Oregon come for the purpose of gaining new thoughts and ideas which will prove of assistance in their business. Kelso Diked Land Sold. KELSO, Wash., 'May 19. (Special.) Forty acres of land In diking: district No. 2 lying- a short distance east of m..T3Xa - " Kelso, has been sold by J. C. Eldred to Al Lelchhardt, a Kelso dairyman, and George 1. Marsh, of Ostrander. Mr. Leichhardt already owtied a tract of land within the diked district and is putting 18 acres of his newly purchased land, which was cleared last Summer, in crops. The rest of the land will be cleared and drained during the coming Summer. Mr. Eldred retains a larger tract of land, of which half Is in culti vation,, and the remainder, which has been . slashed and burned, win be cleared of stumps at once. "Buy - a - Home" Movement Popular in Portland. 'Prominent Residents Speak In Great Favor of Campaign Which Means l'rosreas for Any Community. EAKU A- w LiA iviv, rresiueni di gressive Business Men's Club The buy-a-home movement In the city of Porland is undoubtedly from an economical, thrifty and patriotic stand point, one of the best undertakings ever started in this city for the sake of good business and good citizenship, in my opinion. "The one outstanding feature of this campaign Is the fact that it brings Into co-operation the many business Inter ests that are affected by home-building In the city, not alone In the matter of selling materials with which to build the home or land upon which to build it, but principally because of the fact that a home-owner Is a better citizen. a better business man, a better em ploye, and of greater credit to himself and his city than a renter. His credit is better with merchants.. If for no other reason than the fact that he will fight for his home; he will, protect his family, his credit and his standing in the community as a - home-owner against any odds." W. D. B. Dodson, Executive Secretary Portland Chamber of Commerce Home is the first unit of prosperity, the first unit of progress, the first unit of sta bility, the first unit of society. "There is. an economy in the owner ship of homes for society as well as the individual. A rented home is not kept with that zeal and devotion ob served in the upkeep of the owned home. The resident property rented requires a heavy outlay for upkeep because there Is not the heart in Its protection and preservation to be found In the care of an owned home. Society saves wonderfully in .the preservation of property improvements by having the largest possible percentage of own ership." c.eortre L. Biker. City Commissioner I have found the most successful cit ies in the world, where civic pride pre vails among all the people, from the working classes to the representatives of business Interests, are those com munities which are alive with fac tories, machinery and Industries creat ing large payrolls, which nave meant prosperity for the city and comfort for Its citizens, and where the employes of these factories and industries have pur chased homes, thereby becoming per manent residents or tne community, interested in its activities and proud of its development. One of my fondest Hopes is to see the da v when Portland will stand In the front ranks of this class of cities, and the citizens of Portland content with their surroundings and loyal to their city. Personally. I have spent a large sum of money In rent during the years of my life, but .five years ago I purchased my home and I derive my greatest satisfaction in my moments of leisure In the enjoyment of that home." Jacob Kanzler, Secretary Civic Bu reau, Portland Chamber of Commerce A home-owner is the most desirable asset of any community. The fact that he owns a home establishes a man in the confidence of his neighbors and business associates. Home-ownership is the best evidence that a man has definitely decided to become a part of a given community. As long as a man's home Is "where his hat Is," that long will he be regarded more or less as, a "transient" resident of a locality. Without property ownership a man can sever his local citizenship at a mo ment's notice, and In consequence can not be regarded as a real part of the city, in which he lives. The slightest reverse makes him think of distant and greener fields; whereas, home ownership gives him the ginger to stand the "gaff," no matter what comes his way, and when all la said and done, the best and most appealing thing which can be said of any city any where la tiiat it Is a. "city of homes," r 1 . f S 1-fi NEW ECONOMY BORN BY ENTRY INTO WAR Conditions of Crops, Labor and Prices Investigated, by Trust Company. FULL REPORT IS MADE New York Mortgage Agents Compile Reports From All Over Country. Survey of Northwest Is of Promising Xature. Realizing that conditions throughout the. country, particularly Insofar - as they relate to the war, crops, labor supply and prices, are of unusual in terest at the present time, the United States Mortjrapre & Trust Company of FIRST UNIT OF BIG WITTENBERG-KING FACTORY AT SALEM , .11.... fTf- 6 "inn v 1 4 rrsrt . i X t E 4 I I 1 , 2 I'ERSPECTIVt: OF l'LANT 70O New Xork, following Its custom In the past at periods when unusual condi tions have prevailed, has obtained from its mortgage agents, attorneys and cor respondent banks in 55 cities through out the South and West, a consensus of opinions upon the following sub jects: Effect of the war. Crop conditions and to what extent acreage is being increased actual or anticipated labor shortage. Mortgage conditions including trend of interest rates and real estate mar ket new. building activity tendency of wages and building material prices. Influence of the Federal farm loan system upon mortgage situation. Financial conditions and retail trade. Briefly, the entire situation as In dicated by the replies received, is summed up as follows In a report re ceived last week by the Title & Trust Company, Portland representatives: The world war, while responsible for much In the way of high prices, labor scarcity, etc, particularly since the be ginning of our participation therein, has induced a degree of caution and economy which will be helpful. It Is furthermore certain that our people are becoming thoroughly aroused not only in connection with the demand for enlistment In the Army and Navy, but also with regard to the necessity for the fullest co-operation in all of the activities Incident to the present crisis. Vnlfled Purpose Weighed. A splendid and unified purpose per vades the entire Nation and It is quite evident that it Is going to prove a se rious mistake for any government to underestimate the effect of the com bined military, agricultural, financial and moral strength of the United States when concentrated upon a specific task. Crop conditions while adversely af fected by many factors are being met with a degree of intelligence and en ergy never before displayed. - The labor shortage Is acute and growing worse, and it is apparent that only comprehensive Goverernmental ac tion will obviate serious difficulties later on, particularly at crop-moving time. While the excessive supply of funds on hand to lend has tended to intro duce an element of danger into the mortgage situation by reason of un due competition for the immediate re Investment of idle money, this tendency has recently been greatly lessened by the absorption of funds in other chan nels, notably the new United States war loan. The real estate market Is generally quiet and any danger from overbuild ing seems to be confined to a very few cities directly influenced by the produc tion of war material. - Construction la Increased. Wages and building material prices have reached a level which Is resulting automatically in lessened construction.- The Federal farm loan system Is be ing organized with intelligence and en ergy, the most noticeable immediate ef- EASTMORELAND RESIDENCE 4 NRW HOMI3 FOR FRF.D HESSE. Kred Hesse, president or tne Hesse-Martin Iron Works, has con cluded the purchase of a new home in Eastmoreland. The house is located at 1355 East Thirty-second street. The purchase price was $6500. IA Jj- S I AAS feet upon the mortgage sluation being: the lowering- of interest rates. Financial conditions in the main are satisfactory and retail trade generally active. The abstract of opinions as to the separate subjects covered might be stated as follows: Effect of the "War. The effect of the war on the whole, especially the entry of the United States, seems to have been stim ulating. Farm values have been forced up and food prices, wages and material prices are soaring-. Strong evidence of a more Intelligent co-operation among the people than heretofore Is apparent, however, to gether with the manifestation of a fine spirit of patriotism, courageand determina tion. The tremendous impetus to shipbuild ing In almost all port cities, but particu larly in the Pacific Northwcat. and expen ditures for general military and naval pur poses have gone far towards offsetting the adverse effect of an actual lack of ships. Steel and cotton manufacturing have been greatly stimulated, but the difficulty of pro curing potash and fertilizers have been re tarding elements. Mortgage Conditions. Almost without ex ception the reports indicate a. superabun dance of funds for mortgage purposes with a relatively small demand, especially in tn Pacific Northwest and In the - Southeastern territory. Mortgage, rates the country over are tending steadily downward, with real estate and' new building ranging from fairly active to normal or dull. Wages and building prices tend steadily upward, the situation In the Middle West having prac tlcally reached, a point where new opera tions are being checked. In a few quar ters wages at least seem to have reached a stationary stage. Ielay In delivery of materials through car shortage and other c-ausns are complained of, particularly in the Pacific Northwcit. Influence of Federal Farm Loan System on Mortgage Conditions. This system Is only beginning to get under way, but the re plies indicate that sentimentally, at least. II V lOO FKET AS DESICNUU BY St It hs -not been without effect, as rates are admittedly lower, the term of loans has been lengthened and there ara certain specific evidences of Its Influence In states where the bonds of the land banks ha.v been made legal lnveatments, state home stead .laws, modified, etc. It Is quite evi dent that the largest activity In this re spect will at first be In high-rate sections, which are naturally those least developed, and where drought Is more frequent or rains apt to be excessive. Financial Conditions and Retail Trade. Taking the country as a whole, financial conditions may safely be stated to be above the average, with loanable funds more abundant than for many years and with but a moderate demand. Retail trade may also be said to be more uniformly good than for some years past. Bpecla men tion might be made of the Middle West, profiting as It has done by the high prices received for foodstuffs, and. by reason of its favored location, suffering perhaps less than any other section from the effects of the war. In states such as Oklahoma and LfOuislana. Important discoveries of oil snd gas have tended to bring about unusual activity; Oreater conservatism Is evi dent, noticeably In the Southeast, and par ticularly in locations where present crop conditions are not especially favorable. Northwest Report Made. For the Pacific Northwest and San Francisco the following general report Is given: Effect of the war: Generally stimu lating, especially as to shipbuilding and related lines. Some restrictions on ac count of car shortage and fear that subscriptions to the war loan will drive reserves from the Coast, as payments will be In New York exchange. Good evidence - of patriotism evidenced in general feeling and enlistments. Crop conditions, prospects for In creased acreage and labor supply: Con ditions somewhat below average, wheat off, but increased acreage will do much to tatte up the deficit. Some shortage labor, especially for farming and ship building. More acute situation feared. Mortgage conditions, trend of Inter est rates and real estate market, build ing activity, tendency of wages and building material prices: Easy to nor mal, with rates low and tending down ward. Fair amount of building but tendency largely neutralized by high wages and material prices, both of which are everywhere advancing. . . . Influence of the Federal farm loan system on mortgage situation: Tends generally to lowering of Interest rates. Financial conditions and retail trade: Excellent and retail trade good. 1480 Aeres Go for $55,500. GRANGE VI LLE, Idaho. May 26. (Special.) One of the largest land deals ever closed in the Lewiston country occurred this week when the George Follett ranch of 1480 acres was purchased by Piatt Brothers for a con sideration of $55,500. The ranch Is an ideal stock ranch and has been in pos session of the Follett family for 37 years. Piatt Brothers, who have ex tensive stock ranches- In the Salmon River country, will bring their stock from the range and finish them for market. RECENTLY BOUGHT FOR $6500. t e ""fr'nriiisiihtfl 1 i PLANT TO BE BOILT Evaporating Company Orders Unit for Salem. BUSINESS GROWING FAST Complete Installation Will Cover lOO by 700 Feet When. Fin ished Total Cost Will Be Nearly $200,000. Plans for the first unit of the big fruit and vegetable evaporating riant proposed by the Wittenberg-King Company In Salem are being completed by Sutton & Whitney and construction on the unit will be commenced within a short time. The same architects have charge of the work on the branch plant -for The Dalles. The plant in Salem will be an excep tionally large structure of Its type when completed in all units. It will cover a total ground area 100 TO B E BUILT AT ONCE. S!il5i JTT tr rTO. 1VH1T.EV, OK rOHTLASD. by 700 feet, fireproof construction In the first story and basement. The gen eral structure will be one story and basement only, but there are two units, one for each end. to be 50 by 100 feet, which will be two stories and base ment and more elaborate In their con struction than the remainder of the plant. The first unit, which Is now to go In. is one of these two-story portions planned for the general plant. The building will be at Market and Front streets, in Salem, and will serve as the headquarters and parent plant for the fruit and vegetable evaporating industry which the Wittenberg-King Company Is developing. The demands of the business are growing so steadily and rapidly that It was necessary In planning the plant to provide for quickly Increasing calls for floor space and hence the expansive unit design that has been developed. The first unit, completed, will repre sent an outlay of approximately $30. 000 and the entire plant when com pleted will represent between $150,000 and $200,000. NEWS CLIPPINGS PRESENTED S. S. Thompson Gives Collection to Realty Board for Library. A collection of Interesting news Items and articles pertaining to real-estate sales, leases, mortgage records, public improvements, new buildings, etc., com piled by the late John B. Harrington, who was the owner of extensive realty holdings in Portland, has been pre sented to the Portland Realty Board by a member. Stanley S. Thompson, and will be preserved in the realty board library in the Henry Building for ref erence purposes. The books were given to Mr. Thomp son by Mrs. Harrington, and the former derived so much information from fre quent perusal of the clippings that he communicated with Paul A. Cowgill, secretary of the board, 'and offered the set of 17 books as a donation. The following books are Included in the collection: Book 1 Realty brokers, real estate ads., February 19o8-January 1W09: book 2. news paper accounts of sales of Portland real es tate. February 10O8-September 1109; book S. new bulldlnga to be erected, architect, contractor and price. February 1JK8 -September 10O9: book 4. record of mortgages and leases from newspaper reports. June 19o8 January 1911; book A. record of mortgages snd leaaes from newspaper reports. January 1911-January 1912: book 6. record of real WIDOWS OF WEALTHY MEN ARE OFTEN LEFT IN WANT Two Cases Shown Where Life Insurance Would Have Made Declining Years of Women Freer From Hardship, and Others Are Warned. BY LIFE INSURANCE EDITOR. NEARLY every man. woman and child in the country has heard of the late "Tody" Hamilton. If the great majority of the people of this country have not heard of him, they have at least seen the product of his alliterative literary genius in the press notices of Barnum and Bai ley's circus. It was 'Tody" Hamilton who dug from the dictionary adjectives which thrilled both young and old, and carried with them the atmosphere of circus sawdust and pink lemonade. But "Tody" Hamilton is no more. And just a few days ago, many of his former associates- met at the Hotel Astor in New York to devise means of providing for his widow, who is 60 years old and deaf. A committee known as the "Tody" Hamilton Fund Committee was formed and Includes Leander Richardson, chairman; Will iam A. Brady. E. F. Albee. George M. Cohan. Charles B. Dillingham. Bruce Edwards. Mark Luescher. William H. Donaldson, and George L. Macfarlane, secretary. The finance committee is composed of Alf T. Rlngling, of Ring ling Brothers; Henry Lowenthal and Louis E. Cook, manager of the Buffalo Bill and Barnum and Bailey circuses. "It's easy come and it's easy go," said one old showman in speaking of "Tody." "Very few of us ever save much money, although we could, of course, if we really wanted to. Per sonally I believe in putting a little by for a rainy day, and a good many years ago when a life Insurance agent came around to see me. I fell for the game, and now I'm mighty glad of it." Leaning back in his chair, the old timer gazed remlnlscently out of the window at the side of his desk. "A good many. eara ago," aald fie, estate vales from Portland newspapers. Oc tober llHW-March 1!H: book 7. realty brok ers, real estate for sale ads., from i'ortland papers. August lo-Kcbruary l'JIO; book S. clippings from newspapers shnwinK cost of buildings erected. September lmm-liecember 1IM)9: book t, clippings from newspapers showing cost of buHrtines erected In Port land, December 1SH9-Kebruary 191l: book 1 real estate clippings for sale ads.. June 111 March lull; book 11. newspaper accounts of real estate sales. October mfct-June 191J: book 1-. clippings of new buildings showing cost, architects, contractors and owners. Oc tober 1911-October book 13. newspaper clippings showing cost of buildings, etc.. February 1912-Aprll 1912: book 14. various news clippings referring to real estate, build ing conatruction. rentals, etc.. December 1912-March 1913; book 15. new buildings, new bridges, city Improvements, etc.. Sep tember 1911-February 1912; book 18. cost of houses and large buildings, apartments, etc.. February 1911-March 1911; book 1". cost of houses and large buildings, apartments, etc. March 1011-Auguat tail. CASH REALTY DEAL- MADE Steady Movement In Market Is In dicated Here. An indication of the steady move ment in the real estate market, even thouch there ar no lame deals being swung: at the present time, is in the following; list of sales recently an nounced through Ooddard & Wiedrick. One of the significant things about these sales, as about most of the other recent sales reported is that nearly all deals were cash deals, in several in stances the existing mortgages being paid off, although not due. One and one-balf acres with buildings In the city of IVoodburn, Marlon County, to L. Putnam at S.t.VWl. Six-room residence with by 10 feet on the northwest corner of Fast Fifty. seventh and Klickitat streets to 8. C. Dun- lap, of Yamhill Oounty. at $."5fH. Six arrea on Villa avenue, all In cultiva tion but without buildings. to Giovanni Cereghtno for t:tlo. Four-room house with loo by loo feet on Ear Forty-third street and Kelly avenue to Perry Stringer for IKHHl. Four-room house and r.ll by ion on Fast Sixty-fifth street In Parkhurst Addition to D. Gullano for rt'J.V One hundred by one hundred and twenty five on the northeast corner of Union ave nue and Graham avenue to t H. Kmerson. of Montana, for SMJoo: this property Is 1m proved with a. two-story frame building, two large stores on the first floor ana iiats aoove there is also a six-room cottage on the rear of the plot, facing on Graham avenue. Ten acres two miles from t'anby to Walter Johnson, of Portland, for lJOO; no Dulia ings. Five-room bungalow on East Twenty-ninth treet N'orth. being lot 19. block 14. Alberta, from Eva G. l.undy to Andrew and Elisabeth ( tla.n for 1700. At Ardenwald. 4 8 arres. owned by J. W. Simon, of Idaho, to Johanna ueckenoack of Alaska, for H'COO. Six-room bungalow and RO by 12S feet on r.in.n. afreet. near Eat Eighty-eighth street, owned by J. W. Eyles. to H. E. and Adella Stubbs for trjoo. SCHOOL BOND ISSUE IS UP Ccntralla Plans $15,000 Structure to Replace Old Building. CENTRALIA. Wash., May 26. fSpe cial.) At a special meeting of the local School Board Tuesday night It was unanimously voted to hold a special election on June 2 to vote on the prop osition of issuing $45,000 In bonds for the erection ot a new school on the Edison grounds. This action was taken following a report from the state bureau of Inspection that the district's finances on May 1 permit this expendi ture and still leave the district within the legal limit of indebtedness. Prior to the election a mass meeting of school patrons will be held in the high school building, at which mem bers of the Board will state its build ing nlans In detail. The new struc ture. If authorised, will take the place of a veritable flretrap that has been used for many years. Burns Theaters Consolidate. BURNS. Or., May 26. (Special.) The Cozy Theater has purchased the Levens place, and after the Cozy has been en larged it will be operated for moving pictures and road shows. The Levens 1 will be remodeled Into a store room. knew H. R. Jacobs. I can remember the time when he was owner of 23 theaters and the operator of 27 theat rical companies on the road. His for tune was estimated at more than $1, 000,000. He owned Harmanus Bleeck er Hall, in Albany, and theaters In New York. Chicago, Rochester and in many other places. "Now," he continued, turning to the reporter, "just a few weeks ago, a little old woman, staged and bent and wearing a mangy fur coat, arrived at the drand Central on a day-coach. This woman stepped out on Forty-second street without the price of a single meal. Naturally, she was bewildered and very nervous. She went into a public stenographer's office nearby and asked the young woman at the typewriter If she would take a let ter, feebly explaining her nervous con dition. "The young typist, quickly sensing conditions, gladly consented to write the letter, and so this woman dictated line after line the story of how her husband's fortune had been swept away, leaving her without a home or any means of support, and how she had been compelled to sacrifice every thing for food exce.pt the old fur coat and a little dog which she carried in her arms." "Believe me. that typewriter girl broke down in tears, and turning from her machine, declared she could write no more. She called another young woman -Into the office and, as It was time for luncheon, they took the old woman out to the tearoom where they had hot soup, meat and tea, and the dog. too. had his share. I don't know what happened after this. I never learned but this old woman was Mrs. Jacobs, the widow of H. R. Jacobs, the millionaire threatrical man. Further more, lfa a true Btory." S2000 TO BE FUN-FUND IKAlTY MUX OK GRAYS HARBOR IMlllPARK FOR CONVENTION. 16.0OO Letters to Be Sent Ont to Get Operators From Northwest to Par ticipate In Conference. ABERDEEN', Wash.. May 19. (Spe cial.) A fund of $2000. to be u&ed In entertaining the Tri-State Realty Deal ers' Convention, which meets on Grays Harbor August 9, 10 and 11. is now- as sured, according to the convention fi nance committee. The realty men them selves have contributed more than $600 and fully $140n can be raised easily among the merchants of Aberdeen and Hoquiam. This fund will assure the stacrlno- of a big smoker, a banquet and a trip to one of the Grays Harbor resorts. The real estate men have not yet decided whether to take their visitors to T . b m Quinault or to one of the beaches. IMXteen thousand letters in nr 40tio each are to he mailed out prior to tno convention to encourasre a larira attendance. The Grays Harbor Realty men at tnoir weekly meet nets are dis cussing every possible means to make me coining realty gathering by far the greatest in the history of the North west, both from the standpoint of en tertainment and good accomplished. CITY PLANNING EXHIBIT HERE Reports From 75 Cities Shovcn at Central Library. A striking exhibit on City Planning; and Housing, obtained under the aus pices of the I-niversity of Oregon School of Architecture, began showing at the Central Library in the North Uallery. Friday, and will continue on exhibition until tomorrow niirht. fc-llls b. Lawrence, dean of the School of Architecture, expresses the opinion that this exhibit will be of exertional importance and interest In Portland t this time, owing to the interest in city planning mat was stimulated at the recent Commonwealth Conference at the University of Oregon. This exhibit has been shown In most of the large cities of the E&et and comes directly from the National Convention on City Planning recently held in Kansas City. It was featured also at the National Convention of American Institute of . Architects In Minneapolis in December. It Includes pictorial records of results achieved In 75 leading American cities, as well as several Canadian and foreign communi ties. Last week the exhibit was shown at the University of Oregon, where It was the feature at the Commonwealth Conference, at which a special session was devoted to the subject of city planning. At this session, largely as a result of the evidence of what was be ing done in other cities and states, the following committee was appointed to organize a State Conference of City Planning, patterned after the very suc cessful organization in California: E. R. MacNaughton. Professor K. O. Young. Allen Eaton, Marshall Dana and Kllis K. Lawrence. City planning has come to be no longer recognized as limited to beau tlfication of the city. The zoning of New York City Indicates that investors and renters alike are, vitally interested in city planning and correct city plan ning Is becoming synonymous with minimum taxes and maximum, effi ciency. HO LOTS PASSED IX SALE Important Realty Deal in Willam ette Addition Reported. E. B. Holmes, of E. B. Holmes Com pany, prominent real estate brokex, and associates, last week closed a deal involving the purchase of 110 lots in Willamette Addition. The principals Irt the transaction were Emma R. Brown. Caroline Griffith and the' Willamette Syndicate. Willamette Addition adjoins Alameda Park, 20 minutes' ride from the heart of the city, and is one of the prettiest residence districts in the city for mod est homes. It is Improved with side walks and watertnains. the lots all lying on a nice grade. The addition la further improved with many attractive bungalows, a good school, church and small clubhouse and is not far from a, thriving business district. The Willamette Syndicate is made up of a number of prominent business men of Portland, and the purchased lots will bo put on the market. Condon Fluilding Homes. CONDON, Or.. May 19. (Special.) Many new houses are being built In Condon. Judge 13. R. Parker's new residence is Just completed on Main street. C. W. Harris' new home is nearly completed. Campbell Brown and Walter Groves are among those build ing homes. Lottie Keisur. a teacher, in the public school, has recently built a cottage. All vacant lots are being planted to potatoes and other veg etables. Condon expects to organize a Red Cross Society In the near future. Directory of Prominent Life Insurance Agencies Members of Life Underwriter Association of Oregon Wm- Goldman. General Stansser. NATIONAL, LIFE OK VKlOAu.ST. Orearooian Bids- H. G. Colton, Manacer, MASSACHUSETTS MUTUAL, LTFK. Chamber of Commerce. Bids- fcL L. Harmon. Manarer. PEN'N MUTUAL LiFU. Northwestern bank Bids;. H tc Meclclem, Manager. NEW KNIIUM) MUTUAL LXFB. Northwestern bank Bldg. . G. XI. Biocum. Mar.. RELIANTK LIKE INS. CO.. flttsbnra. 06 Morgan bids.. Portland. Or. U. p. Lock wood. Vlce-Pres and Gen. IU" COLUUHI LIKE & TRUST CO.. SOi Stevens Bids. Pettls-Grosamajrer Co.. General Affiata, TKAVk.Lb.K3 INSURANCE COUfA.l, B03-S10 Wilcox Bids. E. W Ameabury. Mana g-er. NORTHWESTERN MUTUAL LIKE INS. CO, Northwestern Bank Bids. Judd Lowrey. Supt.. AMERICAN CENTRAL, LIKE 1KB. CO, 719 Uekum Bids;. John Pauer, Superintendent. THE PKlPENlTiAL INSL'KANCB CO. . eOl Northwestern Bank Bids. T. H. McAllla, State Mir, UNION MUTUAL LIFE INS. CXX. Board of Trade Bids;. Elarar v. Smith. Manager. EQUITABLE LIKE AS8URANCK ISOCIETX. SOtS ureguDian Bids. State Members Portland Realty Board The following real estate men are the accredited membera In their re spective cities of the Portland Realty Board. None of 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 wish Information, write them: Astoria Astoria Harbor Imp. Co. Bend J. A. Kstes. Rosrburg V. A. Bogard.