Image provided by: University of Oregon Libraries; Eugene, OR
About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (June 24, 1917)
G THE SUNDAY OKEGOMAX, PORTLAND, JUNE 24, 1917. REALTY MARKET ACTIVELY GROWS Proposed Erection of New Church Edifice and Sale of Residence Important. OSWEGO DEAL INTERESTS William PJgott, Official of Pacific Coast Steel Company, Announces Abont $100,000 Will Be Spent on Plant Within 6 0 Days. Announcement of the fact that the members of the East Side Baptist Church are planning the erection of a new church building that is to be com pleted within four months' time, the sale of the former H. P. Palmer resi dence in Irvington and a number of deals closed through the office of H. O. Epton and J. S. F. McClellan, who seem to have a "run" on exchange transactions, led the field in local building and realty events last week. The sale of the old blast furnace of the Oregon Iron & Steel Company, in cluding five acres of land and several brick buildings located along the river at Oswego was of prime importance, although it is to bear more directly on the shipbuilding industry than on the realty market. William Pigott, one of the executive officials of the Pacific Coast Steel Company, who consummat ed the purchase, announces that about $100,000 will be spent on the plant within the next 60 days to prepare it for the manufacture of pig iron. The Oswego plant cost originally about $300,000 and, though it has not been operated since 1894, is regarded as entirely modern. W. M. Ladd, presi dent of the Oregon Iron & Steel Com pany, is said to have agreed to make the sale to Mr. Pigott at a low figure in order to. insure the development of an industry which will mean a great deal to Portland as a shipbuilding center. New Church Problem lp. At a meeting to be held next Wednes day evening the members of Dr. Hin son's congregation at the East Side Baptist Church will decide whether their proposed new church building is to be erected on the present church property at the northwest corner of East Twentieth and East Ankeny streets or on a quarter block at the southeast corner of East Twentieth and East Couch streets. Authority will undoubtedly be given the church trustees to mortgage these two parcels of real estate as well as the old Second Baptist Church prop erty at East Seventh and East Ankeny streets, now rented as a garage, to finance the construction of the new building. At the present time the tentative plans call for a church hawing a seat ing capacity of between 1200 and 1500 and that will probably cost between $20,000 and $25,000. Prices are being obtained on brick, concrete and con crete block materials, any one of which may be employed in building the ex terior. The principal problem before the building committee, of which J. D. Mickle is chairman, is whether or not the Sunday school rooms should be placed on the same floor as the main church auditorium. The church offi cials hope to have the building com pleted within four months. The palatial red brick residence lo cated on the northeast corner of East Twenty-fourth and Hancock streets, in Irvington. built several years ago by H. P. Palmer, formerly a prominent Portland realty broker, who now re sides in Detroit, at a cost of about $33,000, was sold last week by S. Morton Cohn to Fred S. Morris, a bond broker who returned to Portland recently to make his permanent home after locat ing for a time in Philadelphia. Valuation Placed at 935,000. Mr. Morris is understood to have ac quired title to the former Palmer home on a valuation basis of about $25,000, satisfied in part by cash, in part by the assumption of an existing mortgage and a balance of about $5000 being given in the form of acreage property at Estacada. The transaction was han dled through C. Lewis Mead. Mr. Morris has already moved into his new residence and is planning to make extensive improvements both in the in terior of the residence and in the yard. Four important realty transactions have been consummated recently through H. G. Epton and J. S. F. Mc Clellan and a number of other deals are said to be pending. For H. L. Chi Id s they transferred a $60,000 ranch of 460 acres situated four miles from Brownsville to the Iroquois Company. Part of the consideration was paid in cash and mortgages and the balance in the form of a brick building located on the northeast cor ner of First and Clay streets. Portland. Considerable stock, machinery and the crops went with the ranch, which is rated as one of the best in the Browns ville section. As the representatives of Mrs. Delia Etchison the same brokers also handled the exchange of a 160-acre ranch near North Plains, valued at about $12,000, to John Sundquist. who deeded Mrs. Ktchison three residences at Kirby and Skidmore streets. The exchange was balanced by mortgages. A third deal was made between Henry Kerbs and C. W. Udell, the former giv ing the latter title to his store building and stock at Gladstone, Or., said to be worth about $S000, In exchange for va cant residence lots in Alameda Park, and Sellwood additions. Mr. Kerbs has also taken title to a residence at First and Gibbs streets and 10 acres in Josephine County in ex change for residence property at East Twenty-second and Alameda Drive, Portland. Residence Sal Reported. D. C. Wilson last week sold the mod ern five-room bungalow located at 1146 Stephens streets, in Linn's addition, to Kusrene E. Smith, formerly president of the Central Labor Council, at a reported valuation of $3250. Five Rraidraera Started. Mrs. M. Titchner obtained a building permit last week for the erection of a two-aMry residence at 150 Kingston street, in Parkside addition, that is estimated to cost about $10,000. The plans were drawn by J. V. Bennes and the general contract is in the hands of L. D. Horn. The Peninsula Securities Company has commenced the erection of a $2000 bungalow at 905 South Ivan hoe street from plans drawn by A. W. Davis. For Mrs. M. T. Peterson a $2500 bun galow has been started at 45 East Sixty-second street, the plans being drawn by Claussen & Claussen. F. Cicero has taken out a building permit for the erection of a $1200 dwelling at 6527 Fifty-eighth avenue Southeast. The work is in the hands of M. V. Baron. J. A. Hudman is building a $3500 resi dence at 704 East Twenty-first street Xorth. in Irvington. for C. F. Harr. Pendleton Building Active. PENDLETON. Or.. June SS. (Spe cial.) William Milne has taken out a permit to build a one-story bungalow at 909 West Court street. The struc ture will cost $2000. J. A. Horn, well known Pendleton builder, has taken out a permit to build a $1750 bunga low on West Webb street. A large number of residences are contemplated in Pendleton this Spring. Among these win oe tne ilo.uoo home of Lowell Rogers to be constructed soon on North Main street. PEXDLETOX REPORTS BIG DEAL Frank Brown Pays $58,000 and E. Ii. Smith $40,827.85.' PENDLETON. Or., June 23. (Spe cial.) Two large realty deals have taken place here during the past few days. The last of the 3600 acres of wheat land in the Cold Springs section, purchased recently by a syndicate headed Dy Colonel James H. Raley, was sold to Frank Brown, whose property adjoins part of the tract. He took 768 acres at $38,000. The syndicate made a comfortable profit. E. L. Smith became the owner of the Herman Rosenberg ranch of 5443.73 acres in the Pilot Rock section for $40. 827.85. GRAYS HARBOR TO BE HOST Realtors of Xorthwest to Hold An nual Meeting in August. HOQUIAM. Wash.. June 23. (Special. 1 The programme for the annual con vention at Electric Pavilion here Au gust 9. 10 and 11 of the Trl-Statc Realty Men's Association has been com- LARGE ADDITION IS PERSPECTIVE BY ARCHITECT ERNST KRONER FOR $2.1,000 STRUCTURE, AS IT WILL LOOK WHEN COMPLETED. At the direction of the board in charge of the L O. O. F. Home for the Aged on the lodge's six-acre tract at the southeast corner of East Thirty-second and Holgate streets, Ernst Kroner, a Portland architect, has prepared plans for a large wing to be added to the present building, which has space for only 40 persons. The new portion of the building is to contain 38 rooms in addition to an assembly hall, a dining-, room, a laundry and bathrooms. It will be three stories high, of domestic pressed brick, and is expected to cost about $25,000. Bids for the work will be invited probably about the last of this week, with the prospect that the building will be completed about October 1. Robert Andrews is chairman of the board. pleted. according to M. C. Harris, of Hoquiam, executive chairman of the convention plans. The association will be entertained by the real estate men of Hoquiam and Aberdeen and the busi ness sessions will be held at Electric Pavilion, which is located In this city Just at the line between the two cities. This year's programme will be more elaborate than that of any convention held by the real estate men. Indica tions are that the convention will be attended by fully 1500 delegates from Idaho, Oregon and Washington. 114-Acre Farm Sells for $11,840. ALBANY, Or., June 23. (Special.) A 114-acre farm, five miles southwest of this city, was sold yesterday for $11,840. Fred Chase was the seller and the purchaser was Mrs. Lucy Hunt, who came to Oregon recently from Nebraska. VANCOUVER COMPANY SPENDS WATER oag'y.vtifV sag) Is - i v- - - -j VASCOrVER. Wash, J"tme ZS. CS pray, owning- the city water- and tha s about $60,000 tn betterment. t 100,000 gallons of water. Is beinff bull Vancouver Heights, ui a--. Th plpelina from Uls springs to V n diameter and four miles long. I pips is being- laid for a new dlstxibu ment ia being champed so that waxer c built. There la already a roaexvoir w aX the ftaj liBcm. In di(rymg tire U'enuB fmr Hbs TS-tn asd whinn dlsa four f et per mirmt Lt is apsrstsd try two men and a ate a ditnh 2H feet wlda and. sovct- fast, d r5 ! " - ft," ' I- - ?" , E .-. '-.w-. .:....- .s..-.v,..'JJ.-.e..v:.-. A . . I LAND VALUES GIVEN Realty Board Offers Services to Ownqps and Buyers. EXPERT APPRAISALS MADE Secretary Cowgill Sets Forth Why Unbiased Opinion of Realtors Are Important to Many Classes of Citizens. BY PAUL A. COWQILL. Secretary Portland Realty Board. One of the most important services the Portland Realty Board is contribu ting to Portland Is that presented to owners and -purchasers of real estate for getting expert appraisals of their property by the appraisal committee of the board. Business houses make an annual ac counting of their stock, and the mod ern method is to have frequent ap pralsals of their realty holdings. This PLANNED FOR ODDFELLOWS' HOME committee offers exceptional service, as it is composed of experts who are specialists in real estate values. The board has among its members the lead ing real estate men of the city and from this membership is selected men who compose the appraisal committee. At least three members of the com mittee examine and report every prop erty and their findings are reviewed by the full committee of five. The final result is given in certificate form over the signatures of the officers of the board. Conditions Determine Values. Real estate values are determined by actual conditions, such as: Location Is it accessible? To what extent is it adaptable to varied uses? Has the location possibility of future development? Improvements Are they modern, useful and in good repair? Deprecia- $60,000 ON BETTERMENT OF CITY SYSTEM. j r - 's - " . peciaL) The North Coast Power Cora treet cars in this city, is expending ank. 95 feet high over all and holding This is to give a higher pressure on the city. ancouver, now being laid, is 18 inches n addition to this, a large amount of tion system, and the pumping arrange an be pumped into the new tank just ith a capacity of 1,000,000 gallons east ch pipeline, a trench digger is being and does as much work as 150 men. am engine. It la capable of digging eep. ill: tion frequently takes place and it is often difficult to compute it. Corporations can use these apprais als, not only in right-of-way condemna tion matters, but for general appraisals of real estate owned for purposes of bond issues or basis of credit. So can the city, when school or park property is to be purchased, streets widened, rights of way or easements obtained or damages determined. The Realty Board appraisals are very val uable when appeals are taken from condemnation proceedings. In the case of mortgages, either be fore the mortgage is placed or after wards, property which was perfectly good for a loan live years ago may have depreciated and not good for a renewal now. Usually men who ap praised property for mortgage loans are special friends of the mortgagor and very often the negotiating agent himself. A fair and conservative ap praisal cannot be obtained under these circumstances. . Owners Valaem Always High. Administrators, executors or trus tees want to know tha value of prop erty for which they are responsible. The large property owner should "take stock" every year or at least at certain stated periods, just as a mer chant or manufacturer does. Ninety per cent of all property owners have an exaggerated opinion ot their own real estate. Wouldn't it pay them once in a while to get a cold-blooded, unbiased appraisal showing what the property is really worth? Merchants, manufacturers and others often have only vague ideas as to the IN EAST PORTLAND value of their holdings. Tax statements- seldom really indicate It. The fee charged for u appraisal by the board is reasonable, no greater sum being charged for the opinion of the, entire committee of experts than would be paid a single Individual for the same wqrk. The board urates arev City. $1 per thousand up to $50,000; 25 cents per thousand on all above' $50,000; mini mum charge, $15; outside of Portland, by agreement. HOME PROPERTIES IX DEMAND Half Dozen Residence Sales Made by One Agency. Frank L. McGulre reports the fol lowing recent realty eales made through his office: To Mrs. Ethel M. L. Powell a six room bungalow at 603 East Fifty-second street North, and also a small cot tage in Irvington Heights on the Irv ington carline. Mrs. Powell made both these purchases as an Investment. - To Charles M. Pomeroy. of the Mult nomah Trunk & Bag Company, house and lot located at No. 630 East Forty fifth street North, which Mr. Pomeroy bought for his future home. To John Puvogel, six-room residence at No. 365 East Eleventh street, which he intends to occupy. To S. M. Cozad. small three-room house at 190 Farragut street. The above sales were made by G. C Goldenberg, manager of the house sales department. BABY CHICKS SHIPPED TOTAL OP 20,000,000 HANDLED DIR. - INO LAST YEAR. H- D. White. International Secretary, Declares Birds at Hatching Need No Food (or 73 Honrs. That there were 20,000.000 baby chicks shipped In 1916 In shipments ranging from 25 to several thousand In a single order, is the statement made of the extent of an Industry of which the world in general knows nothing, by H. D. White, secretary of the In ternational Baby Chick Association. This industry has grown tremendously, and suggestions for the handling of the chicks are given in a revised edi tion of the National Lumber Manufac turers' Association bulletin on model poultry houses. Mr. White says the shipping of baby chicks is made possible by the fact that the egg yolk which is absorbed into the chick's body just before lt breaks the shell is sufficient to last the chick as food for at least 72 hours. In fact, harm results in feeding during that period. Shipment can be safely made to any point reached In that length of time. Express service is the only means of transportation at present, and the ex press companies make special provision for handling chick shipments so great is the volume of this business. Spe cially designed boxes are used which protect the chicks from ordinary ex posure, the natural body heat of the chicks keeping them warm while on the road. Well-built, small, portable colony houses ranging in size from 5 by 6 feet to 8 by 10 feet, and sometimes larger, are best suited to average con ditions for baby chicks. A coal-burning brooder stove or portable lamp heated hover can be used in the house as long as the chicks need heat. It is then taken out leaving the chicks in the house until they are removed to permanent quarters. A small portable house Is readily moved about to the orchard, the corn field or the shady lane, affording fresh new range ground for the chicks as often as desired. If properly con structed these houses can be quickly converted into practical laying oi breeding houses by the use of simple portable equipment nests, roosts and feed hoppers. REAL ESTATE IS STABLE LAND IS "BASIS OV ALL WEALTH AND SUPPLY IS LIMITED. Ignited States Enjoying: Wonderfal Pe- rtod of Prosperity Dulsg Post Three or Four Years. In these days of momentous happen ings, the man who has money to invest, whether it be a few hundred dollars he hopes to put into a home or vast sums which he uses for operating purposes, is interested vitally in the character of Investments offered him. The United States has been enjoying a wonderful period of prosperity dur ing the past three or four years. Euro pean gold has been flooding almost every section of this continent, and few persons have escaped Its benefits. War naturally breeds timidity and more or less suspicion in the minds of in vestors in regard to offers made in exchange for their money. The last to rise from a period of lethargy, real estate has been comtng into its own and, now that the United States has definitely entered as a participant in the great European conflict, real estate stands out far ahead of all other forms of investment offered the American public It is tangible and can be seen, and for the most part its value does not depend upon personal management. Practically all present values of real estate in this country will remain the same or increase in value. Students of economic conditions have drawn attention to the fact that the business world operates in cycles, with periods of Increasing money rates, de clining bond and stock prices, declin ing commodity prices, and declining real estate prices, followed by a period of lout money rates. Then the opera tion is reversed exactly. Bond and stock prices begin to rise, followed by higher commodity prices; and then real estate becomes stimulated and higher prices are in evidence every where. The United States is on the verge of a tremendous real estate ac tivity. This may mean, to some extent, advancing prices; and the time, to buy real estate is on a rising market. There are few instances where real estate has declined in value to a very great ex tent, and values, if ever, have gone back to their original level. Real estate is stable and cannot be buffeted around from person to person without adequate security; and, because of that fact, it is the basis of bank. insurance and institutional investments. Land is the basis of all wealth and nothing can deflect from its value. There is Just so much land available, and every time a piece is sold it passes out of the market, and the supply Is limited to that extent. MISSOURI WOMAN BUTS HERE Mrs. Elizabeth Hillis, of St. Joseph, Purchaser in Couch Addition. Mrs. Elizabeth Hillis, of St. Joseph, Mo., purchased property 100 feet square at the corner of Sixteenth and Johnson streets. Couch Addition, ?rom H. E. Manning. The consideration was not given, but property in this district has been held at from $30,000 to $35,000. . As part payment for the Sixteenth and Johnson-street property. Mrs. Hillis deeded to Mr. Manning six lots in block 21, Irvington, the remainder of the pur chase price being made up of mortgage and cash. The deal, was consummated by the F. E. Taylor Company,- Inside property dealers. The Old Home. QUITE well do I remember The place where I was born. The walnut and other timber And the crib for big-eared corn. The cows chewed cud in unison And fat pigs were 'round the barn While occasionally we had venison When in Winter we popped corn. Tobacco grew in great big leaf And the hemp, as I recall. Grew rank and was put in sheaf Before hackling in the Fall. Bed-topped boots, curling up at toe. With blue Jeans trousers made at home Were with us kiddles all the go No matter whither we did roam Evening meal of corn meal mush. Whose memory lingers yet. Gave one appetite always flush That we'd now give much to get. Frequently we had spelling "bees" At the wayside country school When, if teacher one would please. He must spell by well-known rule. There was cider and apple, red. On which one small boy doted: And when he shambled off to bed He had eaten more than voted. Then we read by the light of fire On hearth both broad and roomy. Cracking nuts until we'd tire. With youthful cheeks always bloomy. ' E. s. J. DOTY BUILDING NEW MILL Operation of Plant Will Increase Materially Chchalls Payroll. CTTEHALIS. Wash., June 19. fSpe clal.) Frank Crown and Mr. Schillings, in charge of the work on- the sawmill plant of the Chehalis Milling Company, expect to have the plant completed and ready for operation by July 15. Logs for the mill will be secured over the local railroad line on the south fork of the Newaukum. The payroll of Chehalis will be increased very mate rially when the plant starts operation. C. A. Doty, head of the company, states that owing to the shipbuilding plans of the Government there is a splendid market for hard lumber for ship construction, and the new mill here will have all of this business that lt can handle. Just as quickly as lt can be placed in operation. 67 Years - j..: or me For example The Idea of allowing cash surrender values Va practice that did not become seseral until coznparatlv ely recent years), was adopted by the National Life In 1S52 28 years before any state of the Union required by law the pay ment of a cash value on the surrender of a policy. This act of the Xatlonal Life of Ver mont pioneer. In Issuing an "Insurance Bond" Indorsing In the poller non forfeiture values, has been called "the grandest step In fair dealing In the history of life Insurance." Men of Good Character Wanted as Agents Wm. Goldman, General Manager, 209-210 Oregonian Building' INSURANCE IS ONLY WAY TO PLAY MORTALITY CLOSE GAME "Have Eye for Every Pretty Girl, Keep Mind Serene, to Live to Old Age," Says Chauncey 31. Depew. BY LIFE INSURANCE EDITOR, fir'jHE secret of how to be young at I 83 years of age. was recently re- vealed by Chauncey M. Depew in an address which he delivered to 100 pnysicians ana as many women at the celebration of the 69th anniversary of the Academy of Medicine. The rules advanced by Mr. Depew are as follows: "Have an eye for every pretty girl you meet and be sure to tell your wife all about her. "Get up early in the morning, no matter how late you go to bed. "Keep your mind serene and do not bring your business home or to the opera or to church. "If tobacco or drink hurt you cut them off. "Don't De a mollycoddle. "Associate with the young. "Give liberally to charity and make yourself like it." Mr. Depew was the only speaker of the evening and declared that the rules were for every one at the meeting with the exception of Dr. Abraham Jacobl. who was even older than he. "Seventy-five years ago." said Mr. Depew, "when I was young. I could tell every woman In our village who was past seventy. All wore caps and gray woolen Bhawls. But today lt is not so easy to tell the difference be tween mother and daughter. Nor are there old men now. Why?" Mr. Depew then answered his own question by stating that he believed that the telephone, the telegraph, rail roads, the wireless, the cable and other modern improvements had enabled every one to 'keep up to the moment," and that consequently they had much to do with keeping people young. Con tinuing his address, Mr. Depew said: "Persons do not apologize for being old as they did some years ago. They do not look upon old age as their fathers did. Do you know that I think the nineteenth Psalm of David has killed ten times as many persons as have been destroyed In this present war. The reason Is that persons of earlier days did not stop to consider the character of David. "Nowadays we know that David lived the life. You remember how he was a shepherd boy and rose to be BR OADWAY DEAL CLOSED IMPORTANT BUILDING LEASE FIXED BY J. K. STAVER, Butler Bro, Larare Wholesale Concern, of Minneapolis, Enter Portland In 6-Year Transaction. An Important building lease and a deal for a new building on lower Broadway was closed last week through the office of J. Fred Staver. On prop erty 125 by 90 feet in area, located at the northwest corner of Flanders street and Broadway, owned by the Bernard L. Stone Estate, a new building is to be built for the occupancy f Fred Dundee, pioneer automobile repairman. According to the plans, as drawn by xoughtaling & Dougan, Portland archi tects, the new building is to be one story wlth buffed brick exterior, and completely modern throughout with plate glass along the 125-foot frontage on Broadway and skylights in the cell ing. The' structure is to cost between $10,000 and $15,000, and will probably be finished about September 1. The proposed new building has been leased for a five-year period. Through Mr. Staver, Butler Bros., of Minneapolis, said to be the largest wholesale manufacturers of notions and dry goods in the world, last week leased the entire third floor of the Manchester building, at 85 H -Fifth street, for a term of five years. The premises are now being remod eled and will be opened about July 1 with W. P. Gibson In charge as local manager. . Butler Bros, have donated $50,000 to the Red Cross fund, part of which is to be credited to this ter ritory. IS UNIQUE PURCHASING POWERS OF IOOO FEET OF LUMBER ARE MEASURED. Terna of Other Commodities Used In Determining- Ynlne of Timber. Conclusions Are2 feinted. "How much will 1000 feet of lumber buy In other commodities." provides some interesting comparisons from figures compiled by the National lum ber manufacturers. Measured in terms of other com modities, the purchasing power of lum ber has decreased remarkably In the last 10 years. This ia simply another way of stating that while lumber prices have remained practically sta tionary, the prices of everything that competes with lumber or that the lum her manufacturer buys have been mounting higher and higher. Some recent investigations as to what the ultimate consumer pays for lumber, compared with what he gets for the commodities that he produces himself, are very much to the point. In a typical Wisconsin town the com parison was as follows: Sold W farmers 190 lfll. No. 1 hemlock piece stuff $22.0O $J 00 No. 1 hemlock hlpip. boards. 24 00 28.00 Red cedar .algnle- (clears)... 8.7S 4 oo White cedar ahinslea S.23 S.75 Paid to farmers 1006. 1016. a Leader The National Life of Vermont, since its organization in 1850, has been growing old without ageing:. One of the earliest of American life insurance companies, jl the National has maintained a progres- sive leadershiD bv oriednatincr some of -JVV .- 1 - -. - e most important insurance reforms last nan cpnTurv. Again the National led In allowing the insured upon surrender of his policy to select either extended Insur ance, paid-up Insurance or a cash value payment. The National practices retroaction. The policyholders of the '50s are re ceiving the benefits of modern policies. Ton don't have to be a prophet when you insure in the National TOUR POLICY WILL ALWAYS BE KEPT UP TO DATE. King and conqueror, and then, with all that money and power could produce at his command, he made the most ot his opportunity. If a husband hap pened to be in the way the husband soon found himself In the forefront of battle, and David consoled the widow. That was how David came to think that three score and ten was the end' of things In this world." Mr. Depew is undoubtedly ripht In his contention that people now live to a greater age than formerly, and that they show less physical evidence of their age. The death rate In the United States is falling. Only 13.5 persons out of over 1000 persons died in 1915. ac cording to the figures just given out by the census bureau. This constitutes the lowest mortality rate ever recorded in this country. "The widespread awakening of the people throughout the United States." says the bureau, "together with the great progress tn medicine and sanita tion has resulted in the saving of 170. 000 lives in the year over 1905 a dec ade ago." The decrease In the mortal ity rate Is 16.7, or almost one-sixth. The most striking decrease was regis tered in Rhode Island, 16.7 per cent. New York follows with a falling off of 14.6 per cent: New Jersey. 14.3; Massa chusetts, 12.7; Indiana. 3.8. Among cities of 100,000 Inhabitants or more, the tendency was still great er toward reduction. Newark. N. J.. showed a decrease of 29.9; New York City, 26.8; Los Angeles, 25; Jersey City. 24.9: Plttsburp. 23.9; St. Louis. 22.9; Denver. 22.7; Paterson, 21.9; San Fran cisco, 21.7. That people live longer is considered as a great economic saving, yet in one sense it means nothing more than an exact statement of facts. While peo ple live longer, they surely die at some age, and the problem of death with its consequent hardships, is one which ts receiving more and more attention from year to year. It is Impossible to "beat the game of mortality. The agencies which come nearest to beating the game of mor tality are the life Insurance companies, which have succeeded in taking mor tality statistics and by means of their co-operative funds have worked out a system whereby many shoulder the loss of a few. Barley $ .45 to .50 $1.05 to 1. 10 Potatoes Sf to .50 1 00 to 1 50 Milk (per 100 lb.) l.Ootol.lo 1.00 to 2 40 Twenty years ago ten bushels of corn would buy 21 pounds of coffee; now lt will buy 35. A score of years ago ten bushels ot wheat bought 20O feet of atock boards; now you can et 600 feet of timber for that wheat. BIG RAXCU DEAL IS MADE Umatilla Stockman Takes Mlllican Property In Central Oregon. One of the biggest Central Oregon realty deals to be turned for several months was announced last week In the Bend Bulletin in the transfer of the George Mlllican holdings at Millican to Jim Sloan, a wealthy Umatilla Coun ty stockman. The property includes between 1300 and 1400 acres of land, of which about 300 is tillable and the rest range. In the neighborhood of 700 head of cattle and horses go with the ranch. Additional range, making a total of 2000 acres, is controlled by the land actually belonging to the ranch. The Millican r.nch is one of the oldest in the Central Oregon country, having been located in the early days by its recent owner. Communication with the Willamette Valley at that time was chiefly through the Mac kenzie Pass, and a bridge built by Mr. Mlllican to facilitate the trip still bears his name. RAXCU IS SOLD FOR $90,000 Black Bntte Livestock Camp Slakes Purchase at Bend. The Black Butte Livestock Company, represented by C. A. Parvln. of Port land, has purchased the well-known W. J. Jamison ranch lying In Lake and Klamath counties, comprising approx imately 00 acres, for a consideration of tao.000. reports the Lakevlew Ex aminer. In the deal is included 3000 head of sheep. 64 head of horses and mules and farm machinery. $10,000 INVOLVED IX TRADE Property at West Wood burn Is Transferred. J. B. Kennedy recently traded the John P. Van Orsdale 20 acres at West Woodburn valued at $5000 for the Sam uel Caren 250 acres two miles south of Crawfordsvllle valued at $15,000. Mr. Van Orsdale paying cash difference qf $10,000, says the Woodburn Independ ent. Robert Walker will take charge of the 250-acre farm. Mr. Caren is movina- to the 20 acres this week. Directors' of Prominent Life Insurance Agencies Members of Life Undertsriteri Aisocialion of Oregon Wm. Goldman. General Manager. NAIIO.NAL life OK vehmoht. Oregonian tildg. H. G. Co 1 1 o n. Manager. ltABSACHX'BETTd MUTUAL. LIT". Chamber o Commerce Biag. . L. H&rmob, Manager, PE.VN MUTUAL. Ll . Nortnweitern jU&nk Bids. H race Meckiem. Manager, NEW ESGUNU MUTUAL, UfB. KorUtwestern &ank Bids. U. T. Abel, Mgr., MLUN'CE L.1KK I.NS. Co.. Pittsburg, pa. iioo Morgan Bidg.. Portland. Or. Pettls-Grosamayer Co., General Agents, TKJk.VltLJl.Kd l.NSUKANCii CUllfA.II, 803-810 Wilcox tlldg. E. W. Amesbury, Manager. NOKTHWESTKhX MUTUAL. LIr'S LN3. CO. N'.rthweHtern Bank Bidg. Judd Lowrey, Supt, AMERICAN CEN1 K-'.L. Lit E IN COl. 718 Dckim Bidg. John Pauer, Superintendent. TflS PKLDENT17AL, INBt'KANCB OCX SOI Northwestern Bank Bids- T. B. McAHla, Stats Mgr., UNION MUTUAL LIFK INi OCA, Board of Trade Blug. E Igar W. Smith. Manngar. EQUITABLE LIFE ASSL'RA.NCli SOCIETY, 0o Oregonian Bids. State Members Portland Realty Board The following real estate men sre the accredited rnerabers 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. Col. Bend J. A. Kates. burs W. A. Begard.