18 THE SUNDAY OREGONIAX, , PORTLAND, JULY 15, 1917. REALTY BUSINESS r-1 U C H IMPROVED Prospects Are Bright for Im mediate Future and All of Dealers Are Optimistic. ABERDEEN TO BE CENTER Entertainment for "Women Is Being Arranged, as Well as for Many Delegates From Portland. , National Meeting Draws. Interviews gathered informally among a number of Portland realty men last week indicate that the realty situation is much improved over what it was a year ago. and that the prospects of the immediate future are decidedly promis ing. Paul A. Cowgill. secretary of the Portland Realty Board, who comes in touch with the leading Portland real tors almost daily, reported last week that he had noticed more optimism than for a long time. He pointed to the fact that 10 Port landers. Frank L. McGuire. F. E. Tay lor. Dean Vincent. W. J. Patterson, H. O. Beckwith, .Arthur C. Callen. F. H. Strong. Paul C. Murphy. Charles L. wheeler and himself, would be in at tendance at the convention of the Na tional Association of Real Estate Boards, to be held In Milwaukee the latter part of this month. This inter est and enthusiasm, he said, reflected prosperity. Many to Go to Aberdeen. Mr. Cowgill also predicted that a bis crowd will go from Portland to the Interstate realty convention to be held at Aberdeen and Hoquiam, on Grays Harbor, August 9, 10 and 11. He received word last week that the ntertainment for the women who go to the Grays Harbor meeting will con sist cf an afternoon at the Grays Har bor Country Club, a musical Thursday afternoon, an automobile ride and ban quet on Friday and a trip to the beach on Saturday. "I think the situation looks very much better," said E. J. Daly last week in discussing the property out look. "There seems to be a better de mand for residences than for several years. This is probably due to the fact that the labor and material prices are now sky high. Many, after they lay plans for a new home, are fright ened out of the idea of building and decide that they will look around for a property to purchase. Gradual Improvement Seen. "At the present time I have more deals on than ever before and every body I have talked with lately seem to think things are gradually, but steadily, getting better. It will undoubt edly be some little time before the real ty market is normal again and I neither hope nor look for a boom, but mat ters are bound to shape themselves in a satisfactory manner. "The great strides that are now be ing made in the shipbuilding industry and the steady improvement of the lumber market are bound to have their ettect. Do you know of anyone who cannot find a good job? There is cer tain to be plenty of lucrative work for years to come." "Real estate is picking up and there is a better feeling than there was a ime back." remarked V. H. Mall. "I notice that investors are again taking up small investments and buying up equities. Industrial properties, par ticularly, are looking up, and the fact that large croups of residences nre being torn down cannot help but ex ert its influence on the residence mar ket. "Portland property is on the up grade, that's all there is to it. I re gard the present as a poor time to sell, but a good time to buy." Owners Improve Residence. H. W. Fries, of Wakefield, Fries & Co., said last week that there was a better disposition among the owners in the residence districts . especially near the industrial centers, to place residences that have been vacant for many months in rentable condition. He expressed the belief that new families are coming into Portland. Before leaving for San Francisco re cently to marry Miss Hazel Allen, of Oakland, Frank L. McGuire. president of the Portland Realty Board, said that he expected to see the realty market humming again before long. Like Mr. Daly, he places faith in the shipbuild ing and lumber industries and the fact that the Government is turning loose a tremendous amount of money to carry on war preparations. The faith of F. E. Taylor, former president of the Portland Realty Board, in Portland real estate was demon strated conclusively when -he pur chased a valuable lot on Ella street, near Washington street, about a week ago. SEVERAL SALES CLOSED FOUR PROPERT1 ES OF METROPOLI TAN COMPANY TAKE. Clackamas Farm of 75 Acre Sold for $12,Mo and Houses and Lots Also Change Hands, Four properties belonging to the Metropolitan Investment & Improve ment Company, as well as two other residences were reported last week as sold through the Fred A. Jacobs Com pany. I he residence at 11S8 Maryland ave nue. North Albina, was sold to Edward A. Freeman on a valuation basis of $4650, and a house at East Forty-ninth street and East Broadway, in Wiberg Heights, was sold at a like figure. On a valuation basis of $12,000 75-acre farm in Clackamas County was trawtferred to Floyd H. Bills. Two lots in t:ock 14 of Errol Heights were sold to Mrs. Albina Xormandin for $1S00. The Laurelhurst home of George E. Crr. manager of the L. C. Smith Type- wrifer Company, located at 1132 Senate street, was sold to H. Jacobson, who has just returned to Portland after making his residence in Glenn Ferry Idaho, for the past 20 years. A five-room bungalow located at 1600 Rodney avenue, owned formerly by Mrs. Nellie van Buskirk. was sold to William McKinley, of the Hammond Lumber Company, on a valuation basis of $2100. All of the sales, with the exception of the farm deal, were handled by J. P. Parker lor the Fred A. Jacobs Com pany. Box Factory Has $8000 Klre. " ASTORIA. Or.. July 13. (Special.) A tire which started from overheating of a drykiln at the Astoria Box Com pany's plant today destroyed one kiln with its contents and badly damaged two othr kilns. The loss will total from $S0O0 to $10,000. WHITE SHIELD HOME FOR YOUNG MOTHERS WHO HAVE NOT TAKEN MARRIAGE VOWS MONUMENT TO LATE E. HENRY WEMME s 1 . Public Maternity Hospital, Dedicated Last Thursday, Is Situated Beautifully on Hills North of Portland, With Unobstructed View of Mount Hood, Roads to Which Were Hobbies of Dead Philanthropist Christian Science' Church Controls Maintenance Fund. THE White Shield Home for unfor tunate rf?irls, located about a half mile beyond the head of Thurman street in the Willamette Heights dis trict, was dedicated last Thursday and formally turned over to the public In a dedication address delivered by George . W. Joseph, the acceptance speech being made by Mayor Baker. The late K. Henry Wemme left an estate valued at about $400,000, the income from which he donated for the purpose of erecting and- maintaining the home. The trustees named by Mr. Wemme were J. J. Cole, Jessie M. Car son and H.-A. Weis. The will stipu lated that at the end of three years the control of the endowment fund should revert to the Christian Science Church. This three year period ex pired some time ago and the home was last week placed under the management of the church, but the building itself was presented to the city, to be used as a public lying-in hospital for way ward girls. The home, which was built from plans submitted by A. E. Doyle, a Tort land architect, is beautifully furnished throughout and has accommodations for about 25 girls. The surgery is especially modern. The building, which stands three stories above the ground, has an east front and commands a beautiful view of the city and sur rounding country. The White Shield is nestled In among the trees on an elevation above the Linnton road and below Hillside drive, the roadway that leads along the hill from the head of Thurman. street to Linnton. The home may be reached by taking the "W" car to the head of Thurman street and then walk to the building. Motorists may drive to the MEW BLOGK PLANNED Richard F. Wassell to Erect Close-In Apartment-House. CONCRETE WILL BE USED Cost or Proposed Structure Ap proximately $150,000 Other Large Work Reported and Several Homes Started. Although no definite announcement has been made lately, it is known that Richard F. Wassell, prominent apart me it-house builder, who left Portland some months ago to carry out construc tion work in Walla Walla, Wash., is back in Portland conferring with con tractors and with the officials of the city building bureau relative to the cost of a five-story reinforced concrete apartment building that he proposes to erect on a corner near the heart of the Portland business district. Mr. Wassell has built more apart ment-houses during recent years than ny other Port lander, including the Imperial Arms, Tudor Arms, Royal Arms and Rex Arms structures, all of which he has sold at good profit fol lowing construction. The Tudor Arms and Imperial Arms, the last two built. Mr. wassell sold to his partners in those building enterprises. D. B. Mc Bride and Claude H. Starr, respectively. The sale of his interest to Mr. Starr was made only recently. Each of these buildings cost in the neighborhood of $125,000. but it is ex pected that the proposed new apart ment, to be known as the Republic Arms. will, if erected, cost nearer $150. 000 than $125,000. The first hint that Mr. Wasasell was planning to build new apartment structure was given some time ago. but the location has never been announced. It is said that Mr. Wassell has his eye on a site that is closer in than Tenth and Alder streets, and the park blocks near the Arlington Club are involved in the guessing that is goinf the round in local building circles. Auto Bulldlns; to Rise. A one-story brick automobile build ing. to cost $10,000, is being planned for erection on a full quarter block at East Third street and Broad way by Rushlight, Ransom & Penney Ford agents. The plans are being handled by C. A. Duke, a Portland architect, and the lease deal through J. Fred Staver. Announcement is expected shortly of other automobile structures that are to be erected in Portland, at least one of which will extend to two stories. New Theater Nearly- Ready. After the expenditure of between $25,000 and $30,000 on remodeling and interior d-ico rating, the new Liberty Theater, located on the southwest cor ner of Stark street and Broadway, will be thrown open this week as one of the most elegant motion picture houses on the entire Pacific Coast. The archi tectural end of the work has been in charge of Carl L. Linde, a Portland ar chitect. Chorea Decides to Build. The congregation of the East Side Baptist Church decided last Sunday to build their proposed new church build ing on their quarter block at East Twentieth and Couch streets. Con struction work will be started as soon as the plans are definitely completed and approved. The present church located at East Twentieth and Eas Ankeny- streets. - It is expected that I -- . V f'lH T jTxxxsrATy. ; " t I HjE cti Sii?lci SYortte;. I head of Thurman street and then fol low Hillside drive to Mayfair and Alex andria avenues. Under the direction of George H. Ot ten, landscape architect, the natural shrubs around the White Shield home have been preserved and the parking plan arranged to give so far as possible the effect of private residence grounds. The site for the home was chosen on the western hillsides overlooking Portland and facing Mount Hood as a about $25,000 will be spent on the new edifice. Stable to Cont $35,000. The local officials of Wells. Fargo & Co. obtained a building permit last week for the erection of a stable and garage building at 265 North Seven teenth street, in Couch Addition. The estimated cost of the structure is giv en as $35,000. The plans iwere drawn by James H. Humphreys and the con- ract is in charge of Litherland Abrey, Several Monies to Rise. R. H". Torrey took out a permit last week for the construction of a $5000 residence at 129S East Flanders street. n Laurelhurst. the plans being drawn by H A. Askwlth. W. Killion has commenced the erec tion of a $1000 dwelling at 134 Hart- man street, in Oak Park. H. W.-Dickinson is building a $3100 residence at 701 East Fifty-ninth street North, in Rose City Park. F. E. Bowman & Co. have commenced the construction of a two-and-a-half- t'ory residence at 522 Seventeenth street, in Carter's Addition, that is es timated to cost about $8000. REALTORS TO HAVE FUN GRAYS HARBOR PEOPLES RAISE fl'S'D FOR EXTERTAIXMEXT. Speakers From National Realty Asso ciation Are Expected to Attend Interstate Convention. ' One of the most Important excursions ever arranged from Portland, will be the Inter-State Tiealty Association spe cial to Grays Harbor. Wash., August 9, 10 and 11. The train -will be made up of all steel coaches with every ATTRACTIVE COUNTRY HOME OF I iK 1 RESIDENCE RECENTLY COMMENCED AT HILLSDALE, WHICH IS TO COST ABOUT S10.OOO, COMPLETED. From plans drawn by Kmil Schacht, a Portland architect. J. H. Williams, general contractor, has commenced the erection of an attractive country residence of Dutch Colonial type at Hillsdale, near Bertha Station, for Mrs. Emanuel Herrman. The estimated cost of the work has been placed at $10,000. , The first floor will contain a large living-room, vestibule, pantries, a kitchen with servants' room adjoining, a large Gunroom, covered porch and a large piazza on the north end of the house, floored with red tile. t The sleeping, dressing and bathrooms are located oil the second floor, together with two spacious Bleeding porches. The house Is to have hardwood floors throughout, and will be heated by hot water. The interior finish Is to be of stained fir for the first story and of Port Orford cedar and white enamel on the second story. The living room is to have an eight-foot fireplace of red pressed brick with bookcases on either side. The house will be equipped with electric carpet sweepers and with other electrical appliances, including an electric washer, - emer gency switches, etc fitting acknowledgment of Mr. Wem me's philanthrophy. Mr. Wemme en dowed the toll road leading to Mount Hood and was the first to dream of the proposed loop road around the mountain. He also assisted in obtain ing the right of way along portions of the Columbia River Highway. In memory of his association with Mount Hood a total of 600 Mount Hood rhodo dendrons have been planted in the grounds about White Shield Home. comfort and convenience for a plea sant trip. Interesting and instructive talks will be heard at the convention on realty and civic subjects by some of the best speakers in the Northwest. The Na tional Realty Association will hold its convention in Milwaukee, July 24 to 27. and some of their best speakers will come from there to the inter state convention. The convention is not to be all serious work, as the Grays Harbor peo ple have raised a large fund to enter tain the delegates and guest3 are as sured there will be "something doing every minute. About 250 active, associate and af filiate members of the Portland Realty Board have signed up for the trip. Those who have not done so should communicate with any one of the fol lowing committee: A. C. Callan, Frank McCrillis. O. V. Badley, L, W. Cronan or H. L Idleman. FARMS BOUGHT. FOR $50,400 Heppner Places Produce Abundant Crops of Grain. The J. C. Brown and W. E. Brown farms, located about four miles north of Heppner in Blackhorse, have been sold to J. B. Woodward, of Athena, says the Heppner Gazette-Times. The con sideration was J50.400 and all stock and implements are taken over on the deal by Mr. Woodward. This is one among the largest indi vidual land transactions consummated in the Heppner section so far this sea son. The farm is considered to be one of the very best in the Blackhorse country. It is one of the oldest places in the county and has been very successfully-farmed for many years, pro ducing abundant crops of grain. To enable migratory fish to rise over waterfalls, dams and other ob structions in streams, a Canadian fish eries official has invented an automatic elevator. DUTCH COLONIAL TYPE PLANNED FOR MRS. EMANUEL HERRMAN The cost of the White Shield Home, including the four-acre site, the build ing and the improvements made upon the grounds, has been about $80,000. The maintenance is to come from the income from the endowment fund and the girls are to be given hospital clothes and free treatment during their stay. Between the hours of 2 and 10 o'clock today the home will be open to public inspection, but thereafter it will be closed. SITES ARE OPTIONED PLAKT TO I'SK FLAX TO BE ERECT ED HERE. J. Sidney Starling of New York, Is at Head of New Company With, f 250,000 Capital. Two locations in Portland have been optioned, it is understood, as the pos sible location for the proposed factory plant that is to be erected by, the Pa citic coast Linen Mills, which was in corporated last week with a capital stock: or 5250.000. J. Sidney Starling, president and gen eral manager of a flax company in New York, is the organizer and prin cipal officer of the new Oregon com pany, which has contracted for flax now being grown in the vicinity Salem, Turner and Gaston. Mr. Starling refused last week to state what Portland properties he has under consideration for the factory cation, but he did predict that the.plan would De under operation during th coming winter, with a daily output between 5000 and 6000 yards of linen crash and toweling. The company will manufacture both flax and hemp products, but will spe ciauze on tne iormer. Two Parker Farms Bring $19,550 Two real estate transactions were put through in the Parker district last week. Involving the transfer of 18 acres of farm land, when the Emanue King and Fred Loy places were sold, announces the Dallas Observer. Mr, Vieth, an Idaho farmer, was the pur chaser of the 91 acres in the King farm at a price of $9900. and the Loy place brought $9650, or $100 per acre, from Sussman & Pol sky, of Portland. Both of the farms are well improved and numbered among the best in that part of the country. BETTER INDUSTRIAL STATUS AIDS REALTY Owners See Better Days Ahead and Display Re- . newed Confidence. MARKET PRICES STIFFEN Concessions Xo Ixmger so Freely Granted as Hitherto Real Ks- tate Likely to Be Active This Fall and Lively Next Spring. BY HENRY E. REED. Assessor of Multnomah County. Improved industrial conditions in Portland are beginning to have their ffect on real estate. Owners of prop erty are more cheerful than they have een for three or four years past; they see better days aneaa ana navo n- ewed their confidence in the future of the city. Market prices are showing a ten- ency to stiffen and concessions are not granted so freely now as in the recent past. Passing events foreshadow a tronger situation and some activity n the Fall, with good prospects for a larger volume of business in th,e Spring of 1918. At the rate at which "Portland Is growing and prospering now and mak- r.g allowance for the better tone hich prevails in nearly all lines of business and among all classei of peo- real estate cannot much longer De denied its rights. Portlands Foundation ! Solid. Portland stands UDOn a surer foun dation today than at any time in its 75 years of history. It has more to back t up and more to look forward to tnan ever before, our prosperity is suo- stantial and the things that will grow out of it are more real than the out growths of any past forward move ments. To support this statement it is not necessary to go farther back than the period following the Lewis and Clark Exposition, when we had the best times we had known up to then. New rail road work caused the expenditure of large sums of money and it was accom panied by a sudden influx of popula tion, a considerable decree of land speculation and a building boom. In the natural order of things such conditions were destined to come to an end. and they did. The depression took hold in earnest in January, 1914. Its effects and the recovery from them are too recent to require reference here. Portland's new prosperity is founded upon smokestacks and payrolls, tne sure structure of any commercial city. It has every aspect of permanence. with potential power of expansion over a very wide range of endeavor. It is many times more stable and desirable than the prosperity prising merely from large outlays for railroad con struction or any other work of transi tory character. Persons who have not kept pace with recent developments in the city will be surprised to be told that there are more men and women employed in manufactures in Portland today than at any other time in the history of the town and that they are paid Detter money wages than ever before. Shipbuilding In Great Asset. The art of shipbuilding, which had been all but forgotten in Portland, has come to be an Important industry. At this time nearly 11.000 persons are di rectly or indirectly dependent upon this source for their daily employment. This number will be increased to close to 20.000 before the year 1917 runs out. The Northwest and Columbia plants, in South Portland, will be working 7000 men when they are going right. When we use figures like these we be gin to think of the big iron and cot ton mills in the industrial hives of the East. Shipbuilding has within it elements of hope and strength for the commun ity more farreaching than the mere construction of vessels and present em ployment of labor thereon. In course of time, perhaps well into the future. however, the world will have all the ships it will need and building will slow down. But by that time new in dustries will grow out of shipbuilding and our manufacturing force and capi tal will increase rather than decrease. Then again the shipbuilding era has revived Portland's ancient maritime spirit, which, above all things that we possess, needed a dip in the fountain of youth. Portland needs shipping to broaden the market for the products which it handles. It will have to build the ships with its own money and operate them. This it will do. Shipbuilding has opened a lead Into this important line of enterprise. Latent Industries Await Vs. I know of a number of industrial projects in the making that mean much to the city. They cannot be mentioned now, as they are not ripe. They are going to be worked out successfully and Portland will be the gainer. Portland is a whole lot better, stronger and more confident town than it was a year ago or even six months ago. Its response to the liberty bond call and its achievement for the Red Cross showed the stern stuff of which the town is made. It brought out the Portland of old. ready, willing and able to start anything it puts its mind to and finish what it starts. It is not practicable to review all that is happening hereabouts in the course of a short article, but briefly it may be said that the lumber indu try is back on Its feet and the prices of the product are the best that have been realized since the San Francisco fire of 1906. There is only one weak spot In our structure and that is in respect to re tail trade. This line has had some un favorable factors to contend with since about February, but appears to be get Una: its stride, with a good outlook f Fall. With so much business all around them, it would seem that the retailers -will not have to vatt long for their turn. Portland I on Up Grade. To sum up: Portland is on the up grade and. together with the rest the state, ought to gain steadily in population from now on. Readjustmen of business premises caused by the closing of saloon locations when pro hibition came in has about run its course. With the people generally employed in profitable ways and the nonulation Increasing, the city s stock of idle houses and living quarters ought to be reduced to the minimum by nex Spring. I have talked with well-informed people who believe that there will not be any idle houses in Portland eight or nine months from now. As demand for real estate and real estate values are based upon the growth and pros perity of the community, there cannot be any argument on the future of Portland realty; it is good. Portland real estate has never had so much substance behind it or in front of it as it has today. And it Is not . going to get any cheaper. LAl'RELH VRST LOTS ARE SOLD V Four Tracts Included in AVcek'S Sale of Close-in Properts-. The following realty sales involving the transfer of property in the Laurel hurst district were reported last week: Mable C. Flanders sold to Dr. R. K. Watkins a .corner lot in Laurelhurst, at East Thirty-ninth and Pine streets, a nominal consideration being vqowq. Joe Sandvall sold a six-room bunga low located in Laurelhurst. at 1200 East Burnslde street, to H. fti. Turney for $4000. The Laurelhurst Company sold to Edgar Oilley a 75xl00-foot site in Lau relhurst, on East Burnside street, near Laurelhurst avenue, for $3375. W. C. Kuehner sold to Everett A. Johnson a lot in Laurelhurst, on East Ankeny street, near Laurelhurst ave nue. & nominal consideration being shown. H. U. Pittock sold to Everett A. John son a lot in Laurelhurst, on East An keny street, near Laurelhurst avenue. nominal consideration being shown. UNIFORM COURSE ASKED REAL ESTATE INSTRl-CTION IS NOW NATIONAL ENDEAVOR. Lack: of Co-ordination Betfreen Agen cies of the Country Hereto fore Muck Felt. The announcement that the National Association of Real Estate Boards will sponsor a uniform course of real estate instruction constitutes a timely mile stone between the old order and. the new in the field' of real estate endeavor. For several years educational agen cies in various parts of the country have been offering courses in "real estate." Despite the lack of co-ordination between these agencies and the lack of precedent in fo-mulating their methods of instruction, popular demand for authentic and systematized infor mation on the more important phases of real estate operation has enabled them to successfully accomplish their mission, in most cases. Now comes the National Association f Real Estate Boards with a uniform ourse of instruction. The movement has assumed an importance proportion ate to the vital economic benefits to bo secured. The National Association pro poses, in substance, to produce a text adapted to the requirements of modern real estate practice. To adapt the text by the use of master sheets and. sub- tituted chapters, to conditions as they exist in various parts of the country. preserving in each case only the sound economic basis and fundamental form of the National text. To present this ext. together with a complete and thoroughly tested plan of instruction, to the various educational agencies which are qualified to preserve the high academic standard of practical instruction which the National Asso ciation hopes to maintain. It is reported' that a text has already been prepared which is in the process of revision for actual use: and that many colleges and universities through out the country, through their exten sion divisions and schools of com merce, have hailed the production of this course with enthusiasm and have pledged their aid in Its successful de velopment. The plan of Instruction will enable the National Association to standardize and improve real estate methods throughout the country; to raise eth ical and professional standards and in crease the sphere of economic useful ness of the real estate broker; to make scientific investigation of the laws- of real estate development: to promul gate among the real estate fraternity and its clients the evolution of real estate practice which has accomplished the progress of modern commercial and industrial expansion, and to se cure the assistance and co-ordinate the experiences of the leading authorities throughout the country on the various phases of real estate development and operation. $35,000 Farm Deal Reported. One of the biggest land deals to take place in Douglas County was closed when Orvil Martin transferred his fine big ranch at Days Creek, consisting 'of 700 acres. 350 of which is river bottom land, to W. C. Pickens and J. O. Metz, receiving in part payment the home of Mr. Pickens on South Stephens street and that of Mr. Metz located on North Stephens street, reports the Roseburg News. The exact amount involved in the deal has not been made public, but t is said to be in the neighborhood of $35,000. Indian Lands Sell at Pendleton. PENDLETON. Or.. July 14. (Special.) -Two tracts of Indian wheat land sold here this week brought good prices. Bruno Weber bought 160 acres adjoining his ranch on the south res ervation for sii,120. The owner was the mother of Michel Wilson. The other piece, SO acres, was bought by Tom Thompson from the Ealonni heirs for $10,480. It also is located on the south reservation. Directory of Prominent Life insurance Agencies Members of Life Underwriters' Association of Oregon Wm. Onldznan, General Manager. NATIONAL LIFE OF VKKilO.NT. Oregoniaa Uldff. H. G. Colton. Manager, MASSACHUSETTS MUTUAL LIFB. Chamber of Commerce Blds- E. L. Harmon. Manager, PENN MUTUAL. LIFE. .Northwestern Hank Bldg. H race Mecklem. Manager. NEW ENGLANU MUTUAL L.LFB. Northwestern Bank iSldg. Pettls-Groesmayer Co.. General Areata, IHAVSUilUi INSURANCE UOHrAJI, 303-S10 Wilcox Bids. E. W. Ameabary, Manager. NORTHWESTERN MUTUAL. LIFE INS. OO, Northwestern bank Bldf. Judd Lowrey, Supt.. AMERICAN CENIU'-L LIFE INS. CO.. 7XU Oekuia .:dF. John Pauer. Superintendent. THE PKUDENTI7AL 1NSUKANCB OO 601 Northwestern Bank Bidg. T. H. McAllls. State MKT., UNION MUTUAL LIFE INti. COl Board of Trade Bidg. Elgar W. Smith. Manager. EQUITABLE LIFE ASSURANCE BOCIETT, S06 Oregouiun Bids. 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 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. j Bend J. A. Estea, T BoKburg-W. A. Bo gar d.