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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (March 27, 1904)
22 GOOD DEMAND PREVAILS FOR BUSINESS REALTY K . ' .'.i'-'.'i.JJC : 1 . A w .... t.,":!Y X:r:-(::V.i....-s:v :,::...,.iv.,, .rf.fc..:,,-.,.: :, . i , ; , ;.y,: .:. . ,v' V---..V: j' 'S'- V.?;; .v -: " .; V ' i' . ' ; - ' 1?-- ! allliaiaaallMai,Mygi!yMaaaM VICINITY OP EAST TWENTY-FIRST Transfers Permits ..$ 29.833 t t,460 .. 12.751 S.450 .. 42.308 3,700 Monday Tuesday Wednesday Thursday Friday ............... Saturday . r Total for week. (.331 11.960 45,696 18.760 46,59 J 10.170 $182,510 161.470 Last - week 358,079 147.420 Loss this week........ $176,669 $95,950 . According ' to the figures last week was a very dull one in the Portland realty market, but then figures some times stray away from the , truth . a trlrto. Realty transfers for the week reached $182,610 as against $358,079 dur ing the week previous. - ' As far as the actual - recorded transfers were con cerned, this week's total shows a very large falling off, but the buslaes this week , was remarkable Inasmuch as a larger portion of the sales made were not recorded. -; ';..;.?''; Real estate men have no hesitancy In saying that conditions In the real estate market are showing .an-Improvement each week. Some of the sales made this 'week will not be recorded for some time yet. The actual volume of busi ness Is not shown.' - Much Inquiry for Theatres. Jut now Portland seems to have the vaudeville theatre erase, for almost every, day a new one Js announced. This week ' two new places of amusement were announced, both' of them represent ing large interests. Charles L. Brown, secretary of the Musicians' union and leader of the City Park band, Is now preparing to reconstruct a billiard par . lor, 'Which he has operated for several years at 128 Sixth street between Wash ington and Alder streets, into a first class ten cents vaudeville theatre to' ba known as the Bijou. Mr. Brown-hopes to have the place ready for the public by May 1. Alterations which will . oost about $10,000 will be made. The new place will have regular opera chairs, which have already been ordered by tele graph from Chicago. A large balcony will also be constructed. The new thea tre will have two exits, , one on Sixth street, the main entrance, and one on Alder street The new place will seat about 700 people. It seems that nothing but a . theatre is destined to grace the northwest cor ner of Seventh and Alder streets. A few years ago the site was used as a beer hall, but was afterwards trans formed Into an art store. Now a syn dicate, represented by Messrs. Keating & Flood, California theatrical men, have made it an object for the art company to vacate and a lease for five years has been signed with the owners, the Hoyt estate. The theatre will be thoroughly ?' :-'- W i'1 13 -V. :.''; il ."IK WlIKbulId you a Home , .nj.iOnlli i ., i HKli 'f-' I- lii'T -ri A-" -T ')" ' .-m -.. ,l4H,iim'.inimii I iliiWHH nivm .-.v .. , ,.,r , ... , . -...- ' , 1( " fti ',' (?;Sm mm0:ttyii I AND WASCO STREETS, SHOWING NEW IMPROVEMENTS. remodeled and a large balcony con-1 stiucted. When completed it is ex- pected to seat nearly 1,500 people, j Three exits will be furnished, one cn Alder snd two on .Seventh street. j ' Blaster Will Spend $75,000. John E. Blaster has taken out a per mit for the construction of hlM much talked of theatre on Fourteenth otreet between Washington i and Kumslde streets, which will cost in the nelRhbori hood of $75,000. The bulldiiuf will be three stories In height It has. Deen leased to , a large syndicate and 1 will play all the Independent road attractions of the " highest character. The work of excavating has already been started. ' To Xreot Aputment Konse. This week 8. L. Brown, a local clgur box manufacturer, sold to Stanley & Smith a quarter block on the corner of West Park and Yamhill streets.' which he purchased about i month ago. The ptice of the property was $13,250; Mr. Brown clearing Just $1,000, on his in vestment ' The new ' owners fntend to carry out Mr. Urown's plans of t-u'ld- lng a Jhree-story apartment house and flats, which will cost in the neighbor hood of $26,000. Mr. Smith la a banker of La Grande. , . The past week In the realty market has been a very curious one Inasmuch as the business was very large, yet the sales recorded did not bear that fact During ' the week a large number , of valuable pieces of property were sold on contract but some of these may not be recorded for several years or until the time when they are fully paid -for.' . The demand for warehouse sites in the northern portion of the city con tlnues as active as ever and negotia tions are on for the transfer of several valuable plots. ' The principal call con tlnues along North Thirteenth street One of the new features which have sprung up In the business world is the proposed moving of the wholesale and commission district from Front street It has been found that this street was not nearly large enough to make a home for the entire wholeeale business of the city and several sites have been ' pro posed for Its location. One of these was . on the east side of the river on Water, East First and East - Second streets, between the Madison and Burn side street bridges. The only objection to this site seems to be against that sec tion of the city as a business locality, Then some property along Front street in the vicinity of the Terminal com pany's property was selected but this proved too expensive and the project to move the business to other fields was laid to rest Now it is proposed to move it to the northern portion of the city along either North Thirteenth or North Fourteenth streets. Property in this section Is high but . not quite as y,' r ,f I i - , . , ; - ' : V "A I If i lb J W k ax '. . hi ' I . i I , " '! ! ", 1 - V- I in I " l' ' k ""' """ .... wwitfuwhiitiaFj Ii (il in iil iipiilMIMMMwWl O. M. 714 Chamber and furnlah th money, a few, IRVINOTON LOTS' A SPECIALTY 1 expensive as other sites proposed. One of the chief recommendations toward selecting the north end as a site is the excellent railroad facilities. Just at present there is a very large demand for offices in the larger build ings of tills city, but as there are none to be had the applicants are forced to seek quarters in the rear end of some store. "Office buildings are big payers," says an architect, "when it comes to investments. Even at the present low rate of rents the office buildings of this city are paying much larger returns on the Investment than any other class of property.' The rents in the offices have not been increased so very much and in most cases they will stand an advance of nearly a third. They are cheaper in Portland than in any city of its slse In the country. Xouaea Are Badly Heeded. Although the moving season has not arrived there is a ; very, large demand for houses, and real estate men are besieged daily with large numbers of applications which they cannoVfllL Ev ery house in the city of decent looks Is occupied and people are not so quick to move if their rents are advanced as they were a few years ago. The fact is, they would .not know what to do or which way to turn to get a decent hquse, for houses are rented before the former, tenant has vacated the premises. For rent signs' are seldom seen in any locality, and if the present demand for homes increases it will not be long be fore they will have disappeared alto g ether.- iji. .'"-. Real estate dealers report the sale of a large number of sites for small homes in the suburbs of late, and it now looks as if the building operations of this character - will break all records during the coming season. All sections of the east side are being invaded for this purpose. During the past season several new and pretty additions have been laid. The sites selected were' once large forests and today pretty, comfort able homes dot the places where once the towering forests stood. JUttle Speculation in Pair Property. The general impression in the publio mind seems to be that a large number of, deals have been made for property in the vicinity of the Lewis, and Clark fair grounds. Such is not the case, however, aa very few sales of this class of property have been recorded. Most of these are for Warehouses. Real es tate men are unanimous in their opin ions that property will never - be so cheap In the business section of the city as it is at present. The demand for business sites is growing larger ev ery day. Department Store Would Bay. One of the signs that expansion of Portland's business Interests is in the - .'Jew WSW vwfVV, -fry urn).! tn&iJ-x is .v. iiis is 'i jn ' . - " - SMITH of Commerce fPay rent to yourself years. 1 C X ' r v wind is the announcement that one of the large -department stores of this city has been looking for a suitable site toj erect a building for its own use on some prominent corner for the v past six months. So far the 'site has not been selected. Property in the business sec tion is showing advances In values ev ery day. and almost very week some speculator buys a plot of ground and af ter holding1 it for awhile makes a quick turn with several thousand 'dollars to his credit The business section of the city is showlnc.a steady growth to the west and all property in its course, from Morrison to Burnside street Is showing a steady rise in values. - SCaay Seek Location. According to S. Morton Cohn, who re cently purchased ,' the property upon which the Merrill clyclery is located on Sixth street between Washington and Stark streets, there is an enormous de mand for ,a location in his proposed building. Mr. Cohn says that he Is negotiating with several outside busi ness men who want to .rent the ground floor . for a mercantile establishment "Another party," says Mr, Cohn, "Is try ing to Induce men to put ln.a Nlchleo- dlan, or. a vaudeville theatre, where the charge Is but 6 cents. This party who is trying to get me in the theatre busi ness has connections that are first-class. I hardly know, however, what I will do with the place," OPPORTUNITIES ARE GREATER Advantage of Today Over a Pew Yaara Ago. - .-Vi' No man of today can complain In his old age that he never had opportunity to acquire a home. Years ago in times of prosperity a young man with small means found himself compelled to pay high rents, and unless he had sufficient money with which to make a substan tial payment up"n property he could not buy a home and escape . the nigh rentals; in fact It was often difficult to find a house to rent at any price; but today the new-comer to theCity, or a man of small capital, if be does1 not find a suitable house to -rent, or does not wish to pay the high rents which now, prevail, can buy splendid modern homes by a payment down of merely a nominal sum and by the gradual pro cess of monthly payments which scarce ly exceed his ordinary rental, and in this way ultimately acquire an unin cumbered title to his property. Even better than this, if he does not happen to find a : house already built which meets his requirements as to size, style and locality, he can have a house built according to his own ideas and pay for it by the same method. - No young man receiving an .ordinary salary need be without a home of his own. Such opportunities give a young man of today a great handicap over his predecessors of a few years ago. These opportunities are of value to the town in that they create a community of home owners. , " Notable examples of such houses are now under construction on East Tenth street near Schuyler, or on Hancock street between East Sixteenth and East Seventeenth streets. The firm of Hartman, Thompson A Powers Is building houses on this sys tem in all parts of the town. THE BXAZ. BEXEST. From the Cathollo Sentinel. , There Is considerable discussion these days about local option and anti-saloon agitation and various other methods of coping with the evils of intemperance in drink. Much can be said in favor of the efforts which are being made . to curb the drink traffic by means of legislation. Certainly every such effort that commands the enthulsastlo ad herence of many good citizens demands the attention of every well-wisher of society. It must not be forgotten, how ever, that the ultimate solution of the problem depends, not upon ulterior leg islative enactment but upon the proper education of the individual will and conscience The child will have to have his mind Inculcated with the notion of self-restraint perhaps even to the extent of total abstinence, if complete and lasting good Is to be accomplished in the field of temperance reform.. Silenced Again. From the Chicago Tribune. "Have a care, ,madam." said Mr, Meeker, summoning up a little spunk. "Tne worm wm turns "Did you ever know the worm to hurt anybody when it turned?" calmly asked his wife. Worth Bemembering . The reason why so few marriages are happy is because young ladles spend their time in making nets, noMn making cages. fr.F'.r'wy . , 9 H .; ' and own your Home In hitiIe Fordid Auction , Safest .i , ' '. ; ' '. . " ' . ' , ,,v " '.- Monday, March 28, at 182 first St at 10 a. m. On this date we. will offer at our sales, rooms a fine assortment of Bedroom Sets, in polished oak with springs and mattresses. Metal Beds, trimmed in bras s. Dining room Tables and Chairs, Rockers, Center Stands, Bed Lounges, fine Lace Curtains, Combination Book Case and Desk. ... Kingsbury Cabinet Grand Piano Ilurners & Alberson Parlor Organ ' 60-piece Austria . China Dinner Set 10-piece Haviland Tea Set, also a fine lot of Glassware, Dishes, Kitchen Furnishings, Cook Stoves, Carpets and com plete Housekeeping Outfits. H. FORD, Auctioneer. Tuesday's Sale Fine Millinery Stock, etc, at Sales Rooms, 182 First Street, at 10 a. m. There has been consigned to us a complete stock of this season's Millinery, consisting of Trimmed Hats, Laces, Ribbons, Artificial Flowers and Foliage, Ladies' Neckwear, a fine variety of Trim mings and the usual lines of Ladies' Furnishings carried by first class millinery establish ments. , ' j N. B. This stock was pur chased in New York by parties with a view of opening here for the spring and summer trade. They were' disappointed in se curing a location and have de cided to ' have us close out the stock at public auction at time and place mentioned. This af fords the ladies an opportunity to secure an faster Hat, etc. H. FORD, Auctioneer. Wednesday's Sale Parlor, Dining Room, Bed Room and Kitch en Furnishings, 10 a. m. Sharp at 182 First Street This , sale comprises fine lines of Furniture, Carpets, Bedding, Cook Stoves and Complete Out fits for housekeeping.. ' H. FORD, Auctioneer. Friday's, Sale All Sorts, Everything, Bargains, etc. 10 a. m. Sharp at 182 First Street Foui; Van Loads of Furniture, Cafpfs, Etc. Buyers, Dealers and Consumers, attend this sale. We will clear our sales rooms on this date of the large quantity of house fur nishings, etc. placed in our hands for sale. , H. FORD, Auctioneer. - N. B. The best medium 'for qujck returns and to realize on goods you have for sale is Ford's Auction House. They pay-ash. i'ftotie Main 16J58.- . - Auction Sales On Tuesday Next 'Fine golden oak furniture, elegant Parlor Suite In silk imported body brus sels, Carpets, Axmlnster Rugs, Cable Net Lace Curtains, handsome Couches, solid oak Dlnlng-Room Set, fine Iron Beds and Furniture of five bedrooms. French - Marble Clock, Shakespeare's works in leather, ' Roll-top Desk, and the usual kitchen outfit, removed ' to Baker's Auction House, corner Alder and Park, for positive sateon Tuesday next, at iu a. m. , GEO. U BAKER ft CO., - ' ' -Auctioneers. On Thursday Next We sell the entire furnishings of sub urban home. All the furniture is in good condition, . The sale will take place at BAKER'S AUCTION HOUSE, on Thursday next, at 10 a. m. ' - GEO. I BAKER & CO., . Auctioneers. : Ori Friday Next We shall sell the furniture,, etc, re moved from Seventeenth etreat Par ticulars later; Sale at 2 'clock in the afternoon. I . GEO. I BAKER & CO.. . . Auctioneers. , GILT EDGE ' . .,.' i 8ia19r-On . N. P. . tracks, . West Side; warehouse site.' Tine Quarter Block 24 th and Hoyt 96,000. , , ' " 7-Boom modern house, full corner lot, Eighth and Weldler $3,350. , c. ruU lot Double houser Gllsan. near Seventh f7,00O 34 rooms. HOalOO Irving, near 21st-94,500. 60x80 84th and Marshall, corner 93,300. 100100 Tillamook and E. th flSO. 10-BOOK modern house and full lot Maegley Highland a,TOO si.vuo casn balance low Interest . - - 10-moom aonse Sixth, - near Grant 9460. . IMne, Large House Corner lot, ; N. foruana ,uou. STetr 9-Soom Hons and full lot Very modern ana complete, rxorm lein si S8.000. . '- rine Quarter Block East 15 th and Weldler 93.000. Several choice lots, Nob Hill district 93,000 eaeh. , 5 Good lots, Albina Homestead 9875. Lot 11. block 14, Central Albina; "snap" 9460. raradise Springs lots, each 9338. 6 Acres Da Lashmutt ft Oatman's Lit tle Homes, Jn'o. 19750. 100x100 Row "N," M Patton'a Tract, southeast corner 9750. 4 liofs, 2 corners, , Riverside Addition. A. D. Marshall,' 82 3d FARMS 63 ACBES on Clackamas river, 20 miles from Portland; fine road: good land; good house, barn; 23 acrea culti vated. 180 ACmsS, IK miles from La Camas, wmii.; so acres omuvaxea; nouse, barn, orchard; 91i800. 80 ACCESS good land, fenced; 19 acres cultivated; nice new house, 6 rooms; woodshed 16x25, rustic and painted; watered by springs and brook; house fronts on two good roads; .corners .at place; splendid community; 10 H miles from Oregon City: planked and graveled road nearly all way; bar gain, 91.750. . 18 ACTEZS, fenced; house, barn, or chard; part cultivated; fronts -on - good road, near Forest Grove; one mile to postofflce, store, school; good neighborhood; only 9650. 88 ACmrs, all good, level land, all fenced; 20 acres cultivated; S00 bearing fruit trees, to grapevines; house, barn, other outbuildings; fronts on good road; 4 mile to store, shop, creamery, school, etc.; convenient to Portland; only $1,350. HENKLB & BAKER 81T Ablngton Blag, Portland, Oregon. 1 Is the place to buy a home. You are , sure no one will' build . a shanty next to your nice home. I DO NOT ALLOW a shanty in my addition, f l have laid, the best galvanized water mains all through. I have got 4, 5, 6 and 7-room houses and cottages all ready, all new and well built You can buy a home all COM PLETE FOR 3600 to S2.000 or a good building lot for 8300, and I , will , build to suit you. Small payment down, then monthly payments. . Take the Mt Scott car line and get off at Millard avenue and see JOE NASH, OWNER XX TKB UD X0TSSB. Farm For Sale THAT S5-ACXB tract 1 mile east from Lents; H cleared and fenced; good or chard, bearing; located on a line road; almost free from gravel; good water; is a bargain at 83,600. Cheap Building Lota JUVWOOD ADDITIOBT Lots 10 and 11, block 2; 7, 8 and 9, block 1; each, 9300. TOBASCO Lots I and 4, block I; each, 980. SVBTWTSrBB ADDITIOK Lots ( and , block 60; each, 9300. TABOmDAXB Lot 1, block 1, 9300. -MXVZB! A9BXTXO TO ST. JOXWS Lots 1, & and 16, block S3; each, 9160. AXBIBTA Lots 16 and - It, block 19, 9M00.; -. J. L. Wells & Co. 4 OBAirs ATBBVB. SIDETRACK Property, one-quarter block, Uth and Overton. See me for price. - A D. riarfthall Agent 834 TM3MD STBBBT. WANTED N Do you want to sell your farm? If so, list them, with us. We have many purchasers now. . HENKLB & BAKER 817 Ablngton Bldg 106H Third Street, Peruana, Oregon. 12 ACRES Perfectly level and fine soil, on Patton grerfve, I blockr to. cars: suitable for platting. ,Jfou caYi't beat it .for $8,600 or, 4 acres of the above, $2,850. A. D. Harahcll, 02 3d PeY Houses and Lots ' ;, ;.;. : v .-: 9350 BOWH-$16 monthly; a lovely six room modern houses well-improved lot; sightly view. Only $1,250. HOOM 1 -story nearly new house; can partition upstairs and make two additional rooms; 60x102 lot; $900. 910O0 DOWN 18-room house (including .store and basement) and .large lot; barn; grocery stock at Invoice if want- - ed; good rental or business property, at less than cost of buildings; $3,000. 1 to exChanqs y POB ' PAJtMS ll-room house, 60X100 lot: 8-room house, 50x100 lot; 6 -room house, half acre; 6-room house, 8 60x . 100 lots; 10 60x100 lots on Mt. Scott car; rooming-house, 16 fine- rooms. What have you for theseT FARM FOR SALE ' 156 ACBES '104cultlvated, fronts, on river; good salmon1 and trout fishing; .. lies nearly level; 4-room house, barn; V mile to postofflce.' Would trade 1 for Portland property or sell for 11,600. V v DO NT BUY L.OTS Until you see Beauvoir Heights sight llest finest-building spot in Portland. Water mains laid. 60x100 lota $150 Easy payments. Take Woodstock car to Hellman Station. Man on ground Sun day 2 to 4 p. m. . Phone Main 809J about lota - - T ' WB . XXUTT HOUSES, STOXSS AV9 Columbia Real Estate & Trust Co. 834V4 SCorrlsoa St, Corner Seoond. , Bargains in Houses and Lots -j.-ju.oXE S-B.OOU modern . cottages, ce , ment .basements, . 100x100 feet ground, good location, good in vestment 84.500. , , - , 83850 8-room modern house, corner lot 60x100, choice location, east side, 93500 7-room house, lot 60x100, Xast , Sixth near Pine. . .. 93000 6-room modern cottage, lot IQx .100, choice location. 93300 6-room modern cottage and barn. East 28th near Burnside. -v 8180O 6-room house, East 27th near An- keny. 91800 6-room cottage, choice corner lot. East 30th and Ankeny eta. v 91600 Corner 100x100 and 6-room cot tage; room for 9 more houses; i East Ankeny. st near 80th; a very goed investment 1900 6-room cottage, corner lot 60x100 In East, Portland Weights; fine view. 91800 6-room modern cottage; 2400 casn, oaiance on time; iuast 17 tn near Sandy road. f 9700 4-room house, large barn, plenty -fruit la Monta villa; $26 cash, ' balance $26 every 9 months; cheaper than to pay rant A SNAP $550 Will buy the best lot In Haw thorne First add., East 80th and Couch ate.; all assessments paid. ' sewer, street improved, gas, eleo-, trio lights, city water; for a few daya only. 40 ACBES of choice land miles from here, aome cleared, at a sacrifice, " '. 960 per acre. This la a bargain. V. Schmidt? 108 CntAJTB AVXinXB, BAST KM. FOR SALE A half Interest in the largest and most thoroughly equipped Wagon and Carriage 8hop in the city. Tha business is en a paying oasis, ana win stand in vestigation. . pood reasons for selling, KNAPP HART 188 XOmSZSOV STBEET. FOR SAL,B A modern " 7-room ' house, " cor. lot 100 feet square; alley in rear, at University Park, 3 blocks from new city, park; 1 block from new street car line.' Call on owner, 816 Chamber of Commerce, for terms and see photo of premises. The Only Double-Track '' : RaUway between the Missouri River and The Chicago-Portland Special, the most luxurious train in the world. Drawine-room Bleeping cars, dining car, buffet smoking and library car (barber and bath). Less than three days Portland to Chicago. ' Two ThroughTrains to Chicago are operated daily via the Oregon R. R. & Nit. Co., U. P. R. R. and Chicago ft North-Western Rjr. to Chicago from Portland and points in Oregon and Eastern Washington. - Ditty excursions in Pullman tourist sleeping cars from Portland through to Chicago without change. -' - 8. R. WTCHIB. ' A. O. BAKKSR. . Gt1 Art. Fe. Co.lt, Gea.r.l Artlt, Sir Mirkti Sik tnTklrd BtreM, . Sam FaAHCiaco, Cai . rosTiAxo, oas. jbaltimorjc r omo r. r. AtL TRAINS VIA WASHINGTON Chicago 1 .