The Oregon daily journal. (Portland, Or.) 1902-1972, January 12, 1908, Page 48, Image 48

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THE OREGON ' SUNDAY - JOURNAi; PORTLAND. SUNDAY MORNING, JANUARY ,12. 1003.
WILLIAH EEIDT FLATS, UNION ATEXUE, NEAK JIOLLADAT.;
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' riti built by William Reldt on Union avenu four yean ago at about 60 per cent of what the same character of building would cost sow. Each of theil bulldlngf la
dotibU flat eontalnlnc aiz roomi and was built at a cost of 13,000. The same character of building would now cost at. least $4,600, and probably could not be put op for that .
sum. Mr. Reldt claims to hare started the reriral In building in Portland by putting JP a number of cottages In 1898, at a time when it was almost impossible to find a new
roof In the city, la that year he built several cottages In South Portland and a number of more pretentious structures on the east side sn ear the steel bridge. Bouse build
ing at that time was cheaper than It has been known for many years. Mr. Reldt declares that for $800 he put up cottages In 1898 that would now cost $2,400. , , , "
Dowager . EmpreSa 1 Orders
Suppression o( All Public
Meetings at rclnn.
Pekln, Jan. XI, Th oowaaar empri
has stvn verbal ordtrs to the Interior
department 4nd to the polloe tsua
prees all publlo piMtlnf in FeklR, and
there is reason to believe that this order
will be extended to the provinces.
Popular agitation lon the lines of
'Yirhta reooverr" i" srowlnir In a phe
nomenal manner. The question Of pro
vincial aa aaalnat rederai aovereigntv
VIIIVI lailQIJT IUIU III. I . V. : Tf VIH"
en'a aoolntlea, echoole for bora and fine,
the family newapapera and the polutoai
firesa au are participating in tne aav
atlon. ; . ... t-
The aovernment li relrlng on the a up-
port or ureat Britain.
5
Everybody Desires Ilich
Country Opened and All
Will "Aid Largo .Tracts
fhi t in Mam a A r r AnlPn ti
'erners Tour In'.
YEAR OPEflS IVITH
STAPLE. TJARKET
Eealty Outlook Promises
Continued Activity in
Portland During 1908.
crrr jubilant
OVEE PfiOSPECTS
Rapid Recorery of formal Ooadl
tfons Is Felt In AH lines of Prop
erty Transactions Investment
Propositions Eagerly Sought.
' ' Optimism Is tbe distinctive tone that
pervades every rl estate office In
'Portland during theae openlna days of
,the new year. By real estate offices
, la meant thoee well-known and recot--J
: nlsed places, where a legitimate com
mlaalon business la transacted, and
there are scores of each acenctos In the
. city. Id fact, there Is not a city on the
Paoifls eoaat as free from the typical
' real ostate boomer as Is Portland.
A very larae per cnt of the people 1
nrand In aelllnK and buvlna realty In I
thfa city and vicinity are directly ln
- ' teres ted In the welfare or the commun
ity. They are largely property holders
a thnmeelvea or else repreaent extenalve
noiaera or - reuty, ana consequently,
from self Interest, are opposed to un
' duly lnflatlnar values, and thereby In
flicting upon the city a train of Ilia.!
that 19 years' time wlU be required to ,
recover from.
XopefUl Slaw Prevail.
So. the berlnhlnr of the year, finds
. this class of men, who labor constantly
. ana accompiisn mucn ior me upunua-:
. .Ing- and advancement of Portland, m an i
'optimistic frame of mind and planning i
lor a larger ana better nuainess auring
this year, 190. ;,
Many of the conditions that have
adversely Influenced tne realty mar-
ket durina the past (A days are no
longer in existence. The financial ron
, ditlon of the country Is fast becoming
. normal.- The banks will soon ne in
shape to lend proper npport to all legit
imate enteroHses. - The Interest rate.
I which soared from I to I or 10 pe eent
louring Hue last two monus or nio i
year, haa settled back to a reasonable
'j figure. But moat Important of all,
.from a local standpoint la the welcome
j announcement that none of the depos
itors In the three suspended banks is
to suffer any loss by reason of tbe bus-
pensions.
a A look-In at the expected development
- and advancement of the year Is afford
".ed'by the following interviews wlta
some oi tne prominent realty aeaiens;
- Tear of ' Progress.
-. "K. J. Daly: -While U07 was a phe-
nomenal year In the growth and up
building of Portland, every Indication
points to a yet greater achievement in
that direction during the year at hand.
.X expect to aee an immense Increase in
the wholesale and jobbing trade of this
city during the eomlng IX months. This
' will necessitate building larger - and
. more commodious warehouses and store-
- rooms for our merchants and jobbers.
- A movement in this direction has al
ready set In. fieveral sites have been
purchased and buildings planned to ac-
' commodate tne vast increase in roe uu-
tness of Portland joDoera.
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DAILY-AVERIGF
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$40,000
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Past Week Shows Up Well
n I?eal Estate Trans
: . actions.
MOST DEALS UNDER
TIIEEE THOUSAND
Demand for. Property as Active as
Doling Month of OctoberDeal
ers Confident of Fntare -Residences
Are Active Investments.
'id j
Bales of real estate ranwell above
la dally average of 140,000 during the
past week. Many new transactions
were reported, nearlr all of which In
volved considerations of less than t3,
', (Special Dlsptteb' te The JoemaL)
Canby. Or.; Jan. 11. A meeting will
lng; organisation effected, for furthering ';.
t "--" t .V. . . . . . . . .. . .. . ,
treasure tr the crupusea vanDy-woiaiia rauroaa. a ,
Brltlah government is strengthening the corporation will be formed and "stock
f"lw"j Uriptlon. will -be opened. Among
by forelrnera as essential to the safety Prominent mlllmen Who have pledged
and progress of China, laid are IX I Trulllnger of Union MUls; -
It Is deolared here that the foretrn J.mta Adklna nnnnlln ak Milt erMlr't
agitation In the matter of the attitude i"A"lnf"n ? .r5 r-
adontMl bv Janan with rorard t Man. I uaxar vf jaoiaaia ana vne jaoiaua .
churla and tho learning of Russia con-1 Lumber company. Every farmer along .'
oerning tbe annulment of the telegraph I the route will help. - ; ; ' '
inis is tne biggest undertaking yet
attempted by local capital. The road
will lap lien , agricultural and timber
(vurcu.irioi net wean uajinv ana ma n
Cascade range. Billions of Xeet of th
CDOIOeSt limber In l)ri,nn nul1 ha
brOUCht to market. Tha nUn I- hnlM
iuni me aioiaiia river from inbv
tous uuiiring-the water grade all tbe
way. inere wiu be but one bridge to
uuuu ana n ja stimatea mat tne enter-
. . ... vm u ww uiKiwujiHa wild vnn mm
Iendltur n f nnt mnr. than tlAAAAA
Tha rnaul will t,n a tmanM..ia ma1 nt.w
iwiiira wnu larmars amply able to as-
i in nnancing tne project. Tne peo-
e or tne town or Molaua ara readv to
ena tbeir ala. This route la considered
by expert enrlneera aa the onlr feasible
one in ciacaamaa county. From Ore-
wouia be almost a physical
i o over . ice . areat
tremenaoua niiia lvin
beyond. The road can be constructed
ruory.
sreanag. vp jug TMota,
xne oeonie or (jannv ara lubiiant over
tne report mat in great uucaman
tract, owned by' Isaiah Buekmaa of
convention have leJrth British foreign
office to take action, and it is under
stood that this has been in the form of
representations to tne Toklo govern
ment 1
Japan. It Is averred. Is taking adran
tare of China's complications with Oreat
Britain in, order to postpone the nego
tiations regarding uancnuria. -, ,
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DRAWS FOUR ACES
THEfl DROPS DEAD
p i s 1 1 M i ssi pi in m i vasw in vnavau
A J f on City it wouJ
Tokh Player's Excitement frjl?1
Over His Good Hani lie
suits in His Demise.
(Special DUpetet to The JoaraaL)
Cleveland, Jan. 11. eight of four I Portland, and lying almost In the cor
aces, dealt to litm In a poker game,
killed Thomas Bkchs at midnight last
night He toppled off of his chair .as
his thumb and foreflnaer ralaad tha
fourth aoe, his heart action . stopped,
and he died in tbe ambulance en route
to a hospital.
There waa not such a hi twi m
and the Jot" had something like $1.76
porate limits of this city, la now being
surveyed for the purpose of cutting it
into small tracts. There are 400 acres
of this land In one body and If devoted
to Intensive farming It wUl auDDort 60
new families.
A larae tract owned bv Charles Lucks
and lyluc In the city limits la being
considered by easterners, who propose
to cut it into smaii tracts ana piant it
to English walnuta Experiment hero
000. and a majority were for leaa than ' Ln V' acua companions say, when the ".u"u. "5,, fTmu,m . iwcunany
:;v.?attTJ"f"1. V. Ti. . i " if" dealer naaaed htm frair b nr.. I adapted to this delicious nut and when
as irWaa duringThe month of OctoberT'the othsr, on the fourth round to six le tree, are In good bearing the land
15" U continJally wing better! J a As the fourth came up Sachs "ft wbSnrd ffii
Brokera aenerallr exttress more confi- -off his chair, and half an hour il.JfIt
Residence of J. B. Dickson, 1118 Rodney Avenue.
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New Residence of Q. A. Sollars, 1097 Williams Avenue, Walnut Park.
number of wholesalers and jobbers
quietly casting about for an- opportunity
to escape from the restricted Quarters
of the old wholesale district. It Is
along this line that-most of the big
buildings will be constructed ln Port
land tnis year, ana or. - necessity many
building sites in the extended whole
sale district will change hands before
the year la fairly under way."
. Mall r Von Borstell: "an Increasing
number of local people are putting their
money Into real estate, as la evidenced
by tbe mora than doubling of transfers
filed for record since the opening of
the year, -we are receiving numbers
tf Inquiries every day for property for
Investment purposes, most of tbe in
quiries, however are for holdings of
moderate cost. "This goes to anow tnat
a portion of the vast sum that was
drawn from the banks last fall Is find
ing its way back into circulation by
means of realty Investments.
0 -r 4 Demand for Xomes.
B. Hynson: "The demand for
houses, . flats and apartments is as
active now as at any time last year.
Of course this applies to modern, com-1
fortable living quarters. The cheap,
1tk1 11 1 iiniAmfArrahla nitiiateast av-
There are j many of (hem without tenants and will
remain so. Manv of this class of build
intra are being torn out and replaced
with up-to-date cottajres. rreatly to
Ithe advantage of the owners' Income."
Portland Investors are berlnnlnr to
appreciate the Income value of the mod
ern apartment house. Two years ago,
there were not half a dosen such build
ings here, now there are several times
.that number. In every - city of more
than 60,000 population, there la a cer
tain area between the business and resi
dence districts that Is not available for
either- purpose, and where the modern
apartment nouse aeema to lit perfect
ly. Portland Investors were a long time
In making- this discovery. But the
movement In this class of construction
is now fairly on here: and announce
ment is alreadv made of a lares amount
of new construction along tnis line during-
this year.
January Special!
We are offering enecial prices
throughout January on picture framing,
artists' material and wall naper. EL IL
Moorehouse & Co.. 312 Alder street
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TITLE PASSES
TO MY LOTS
Large Volume of Transfers
Shows Exchange of Owner
ship in Suburban Realty.
EESTJLT OF SALES
ON INSTALLMENTS
i
Deeds Now Being' Conveyed to Per
sons Who Signed Contracts Two
and Three Years Ago for Newly
Platted Tracts.
nave an made money. Scarcely any
oi tnese lots can Do naa today tor lews
than three times what It sold for two
years ago, - while much of-the most
desirable territory on the peninsula, es
pecially that within striking distance
of the car line readily sells for four
times what it brought to tha orlrinal
addition owner.
As an lnstanoe of the verv recent
advance in values on the lower penin
sula, attention- is caiiea to tne pur
chase of an acre in the -vicinity of the
railroad crossing, which was taken over
last jviay oy a local investor ior ji.vuu.
The same property was sold last week
for $1,600, plus the dealer's -commission.
FARMING LANDS
ARE IN GOOD DEMAND
That farming lands ln the territory
tributary to Portland are in active de
mand at good prices is proved by the
sales of this class of property by a local
agency during the past month. These
sales were negotiated through the
agency of A. A. Baker: The Sylvan
park farm in Washington counay was
iurcnasea Dy ran w. Metcair ror J10,
00, who also purchased a smaller tract1
dence In the Immediate outlook than
they have at any time ln the past 00
days. ,
The largest transaction reported ln
the naat week waa that of tha auarter-
block at the southwest corner of Broad
way and East Fifteenth streets sold by
the Portland Trust company of Oregon
to F. Dresser and company ior iu.ooo.
The property Is Improved with a two
storv frame bulldlna. the lower floor
being occupied by the uresaer irving-
ton stores.
Another sain of some importance was
that of a house and lot on Twenty-first
street, between rianaers ana uusan
street, purchased by Alma B. Cowls
rrom ur. Andrew v. emitn ior ib.vvu.
Henrv Hartfleld has purchased irora
Anna Thurley a house and lot ln Oak
park addition to St. Johns for 13,000.
Otto Starker has purchased from
neors-a Welsensee a house and lot at
Grand avenue and Shaver street. Holla-
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aay para, conaiuerawun. ,oov.
Florlan and Paulina Fuchs have pur
chased from B. Plannlnck a house and
lot at the corner of Tolman and Mil
waukle avenues, near Sellwood, for 3-
000.
E. aft Rasmussen has sold to E. "B.
GowapJock a auarter-block' and resi
dence at East Morrison and East Twenty-eighth
streets for 13,150.
5Mv lota fronting Pntton avenue In
North Albina have been sold to Minnie
Bratchl by Stephen Shobert for 13,600.
Rebecca A. Sherer has sold to A. S.
Narmey four lots ln University park.
Consideration. 12,500.
C. S. Tigard has purchased from the
investment company an improved quarter-blocs
at Alnsworth avenue and Com
mercial street. Piedmont Considera
tion, $2,500. A , Li
Tha naff block at Lexlnrton Heights.
fronting: Raymond avenue, has been pur
chased by K. L Phelps from O. Pur-
ham for 12,125.
James Gllbreath has purcnasea rrom
W. Gaetten a dwelling occupying a
fractional lot at the corner of East
v thirteenth and Frederic streets zor
32,000.
J. H. Middleton has sold to Estella
bmlth a house and lot on unve avenue,
Ivanhoe addition; consideration, 32,000.
P. T. Hill has sold to Henry I. HaJek
a house and lot on East Eleventh street
near Durham avenue, wooaiawn. con
sideration, $1,100. '
John B. Hlbbard has purchased from
Tt TA Timbard two lots in the Han-
cock-street addition fdr $1,450.
C. M. Shelton has purchased from
Amelia Hastorf a iarter-block at the
corner of Millard avenue- and Nlllard
street. Willamette addition. Considera
tion, 11.800. ' 1J( ' .
Charles It Thompson has sold to J. A.
Herdman a 60-foot lot on Oregon street
between East Ninth and East Tenth
streets for 31.500.
Mrs. Caroline W. Berry has pur
chased from W. N. Chllcote a 15 -acre
tract ln section 13, east of the city. Con-
uucnuun, j,uuv
here and tha posalblllties are attracting
people from the east. Heretofore
the typical Clackamas county or
chard has been a dilapidated, moss-
mwn. funua-1nfected lunvla. that
would discourage the average man who
did not know the Quality and quantity
of commercial fruit these trees will pro
duce when cared for In the proper man
ner. In the last year or two. under
pressure of state laws, the spray pump
aa been brought into use ana tnere is
The zrrlgatloa StosstbUltle,
Owing to the advantageous location of
filIS.rdlfl.TI4' m OrtPPTrfl Frtr. under irrigation at a very .alight ; cost.
UUttlUldUS VI AUCtJIia JOr Thej Molalla river can be tapped at a
point southeast of town, ana tne water
would have a gravity flow to the Wil
lamette river, thus covering an area of
fhousonds of acres of the finest soil in
the lower Willamette valley. The possi
bilities for Increased production are un
limited. - Strawberries, melons, garden
truck and nil kinds of small fruits tnat
later he passed out Mis physician bad
warned Sachs, who waa El rn nirf
about bis weak heart cautioning him
agaJnat undue excitement
GYPSY GOLD STOLEfi:
ARREST RIVAL BAND s
tune Decamp With. Cash
in Her Absence.
(Special PUpetch to Tbe Journal.) .
New Tork, Jan. 11. Half a dosen roy
alties very tawdry, very grin ny, but
very real Including two queens, were
up before Magistrate Walsh In the
Westchester police court this morning
to tell all they knew about thai theft nf
$8,000 In gold coins and ornaments.
yueen uora cruse of the Cruse tribe
find a ready market In Portland at good
prices, produce abundantly witnout ir
rigation, but It to estimated that water
toill rinuhl tha nraaent nroductlon. -
There has been a wonderful revival
also along the line of religious develop
ment Hereafter no liquor can be sold
in canby, and two new cnurcnes are in
course of building the Cat hollos and
the Scandinavians. Tbe Methodists,
of gypsies, charged that the Stanley thrlmmV!mliWi
tribe offered to sell to her young Bes- ?rt""n" La.ud JI.aLVIT
sle Stanley, to be given in marriage to
her son Tom. The price was to be
$1,600. and. seeing that she waa e-olna-
to take ber tribe down to Buenos Ayres
soon. Queen Dora drew out her whole
noara or ,ouo irora concealment.
While Queen Dora Went to see Bessie
Blarney, uua ana uick Stanley, who
were leit as guaras over tne
camped with the money.
The police arrested nine members of
the Stanley camp.
mm LOCKS THIEF
Finds Tramp "Filling Bag
With Poultry and Im
prisons Him in Coop.
resented with well organised churches.
Influx of Eastern era.
Not In recent years has the outlook
ror industrial development been - so
bright as it Is today. Besides tha en
terprises of magnitude, Canby profits
by its great natural advantages aa a
'.. I residence piace. inquiries irora aiar
gold, de-1 regarding the feasibility of manufac
I turlng plants here are pouring in. New
citixens are zast taaing tne piaoe or. tne
old timers, many of whom got their
land from the government by merely
puttlnir down a stake and claiming the
solL For years they have lived in peace
and enjoyed immunity from Intrusion
on the part of the easterner. When
these" easterners come along and offer
the donation claim taker $100 an acre.
for his land ne lumps at tne otter, r
being familiar with true conditions. The
easterner considers he Is driving a bar
gain, ix tne jana was at gui to cis
decessor.
But on the other hand. In almost
every- Instance the seller has plenty of
money, and Is able to get something
else stui more to nis iiaing.
This Afternoon and Evening
Go to the Oaks rink this afternoon
and evening. Big band, good skates,
plenty of. room and a Jolly good time
for all. Thousands spent the day nt
the Oaks rink yesterday and all were
made happy. cars every id minutes
direct to rink. This week Is a special
week at the Oaks rink. Watch for the
date of the big six days' races.
In the sania county for 3?.060i In Torn
hill county an eastern investor bought
two tracts, one of 166 acres , for $8,
buu, ana a smaller tract tor z,ouo, ,
A-teM.u.. J
;eace of i J. Jack son, 107 Cleveland Avenue,
Many of those who read the daily
grist of transfers of realty filed for
record are puszled at the large num
bera of hew deeds going on record, with
a .consideration of from $200 to $609.
The explanation Is found In tbe fact
that a large number of contracts of
sale for suburban - lots Is just now
maturing and the purchasers are re
ceiving a -fee Simple title ln place of
the original1 contract
Most of these contracts that are be
ginning to mature are for lots sold
two and three years ago on the weekly.
monthly or quarterly payment plan, and
In a great majority of eases call for
aums - ranging between iuu ana S490.
. One enterprising firm of realty deal
ers platted a tract on the lower penin
sula two years ago, and within 90 days
sold pearly 700 lots for a cash pay
ment of $10 and weekly payments of
31.- These lota were sold for $100 and
I1S0 each, and tha contracts of aala
are Just beginning to mature.
Hunareaa oz acrea or peninsula prop
erty, between University Park and St
Johns was platted two and three yara
ago and sold out In this, manner. Prac
tically allof these lots were sold for
less than 3200 and llf many Instances
for-less than $100. Tbe purchasers,
. . i at in,' .ii.ii.i .in m' .' Hi in Hi 'li .' .iiiii ii i ' '.
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Beaver Apartments, Vnst. Completed ;at;Twelfth; andVilarahall Streets;
Property t Beno k BallU.
- (Speelal Dispatch to The fonrnal.)
Coatesville, Pa., Jan. 11. Mrs. Eliza R.
Baker, wife of H. Preston Baker, Eat
Fallowfleld township, cleverly caught a
Chicken thief in her henhouse this after
noon. Robert Demsy, a tramp, is the
man trapped. - .
-Mrs. Baker, who Is a daughter of
Craig Rldgway, the wealthy steel-cas
ing tnanuiaciurer or uoateavllle, had
been missing her chickens for several
weeks. Today she went to the hennery
and found pemsy there putting chickens
In a bag. j. ,..,.,. -n,; ;.
Without saying anything, she turned
the key In the padlock, put fbars up to
the -windows and made the thief a pris
oner. Then she telephoned to Denutv
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lyuuauioia uvum vyeii, uaiiowiieia town-
KILLS FRIEND'S STEER
1
e
Farmer Eevcnges Himsel
Upon Neighbor for Letf
fing Animal Eoam; i
HER SELLS II MEAT
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. , (Special Dispatch to The Journal.)
Washington, Pa., x Jan. 11. Joseph
Baniford, a young farmer bear here, gotl
ship, and Demsy was brought to the unique revenge upon a neighbor, Georg
Coatesville lockup.
BOM
TO ORGANIZE
REALESTATEEaWGE
Final Arrangements WiU my -own 'tmr'
Be Completed at Jlee.tv'
ing in March.
Young, for depredations committed byl
young s steer, v .
Rnmfnn unva that in SPltS Of COm
plaints Young allowed j the animal tol
roam -over , uamiora s prgpwij; ina
butchered the steer and then sold' thai
ment to Young.-' '-,,"- ; ''." 'l
' When the animal's hide wm found iri
his barn, Bam ford eonressea -to th
deed, and he Is now under $600 ball t
await grand Jury action. - -
"I don't mind the loss of the animal.'
said Young, "but I do object ,ta buying!
Perfect-fitting glasses $1 atMetzger's
At the regular meeting of the Port
land Realty board held. Tuesday after
noon, last In the rooms of the' Com
mercial dub, It was voted to launcH"the
recently organised real,, estate exchange
at tba annual meeting of the Realty
board, which 'la to be held March-A I
in meeiinK win do neia in tne rooms
of the Commercial club at t p. m. on
that data, when the annual reports of
the-officers will be Submitted and offi
cers for the ensuln year will be elected.
On" the evening or the same datn. tha
annual banquet of the board will . be
given, i.When formal announcement ' of
the -organization of the real estate ex
change wlll.be made. ,
I hi,
L
FOR N
, Dcctrical
and Gas
Chandeliers
"Supplies
' ';-';: see ; the": -
M;j.: Walsh
Company
811 -Stark It. Bet rtfta and sUxtn,
- Bora yanies.
i