The Oregon daily journal. (Portland, Or.) 1902-1972, January 26, 1908, Image 46

The Oregon daily journal., January 26, 1908, Page 46, Image 46

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Newspaper Page Text3 0 THE OREGON SUNDAY , JOURNAL, PORTLAND, SUNDAY MORNING, JANUARY REALTY MARKET TONE VERYVFIRH ilqlders Show No . Signs of Cutting Down prices of ..Their , Properties. OX SJLYLL DIFFERENCE Ws ' t .' sbjsbssss"s"" t , Considerable Activity Is Noted In " Lots and Acreage Tract on the J East Side- Good Demand for Ileal ' Estate. ' I 1 c , . Thert is abundant reason for saying that the drnression In the local real es tate .market, so noticeable la Novenibel and December of last year. rapidly disappearing. The chief reason for this belief la the heavy Increase In the num ber and value of the property transfers that are dally filed tor ,Mfr.J months agot the total value of Jmnafera filed each flay rareiy -7?7L ' OVO. while durlnr the past weak tna ay. rag waa In the neighborhood of $46. 000, and twice went above 5M0. , An rule, walty broker; reort the ao? but with Mlncrea-1 Inquiry Z.S ? iMOe .dlaDealtloa on the part of ,.ka concessions in oraer to rut throufh a deal. One broker tens or V .ale involving $20 000 ttat by wu bj g otlatin In the early part that failed to be consummated because the owner refuted to reduce bis price '5!,'vii. .ili. .. iv. Indicates stub- bornn... on the p7rt of both principal. . in . hm . transactions. It also Indicates strong faith on the part of the owner .n the vaiuea or rvrvmna A t (.:" .'- Bale's Saat Sid. Th dominant feature of the market i h. rinrt ' of the year has been the large number of transitions In east aid residence lota, and In email acreage tracts In the east aide suburbs. More than 80 per cent of the dally transactions , are In this character of Nearly every dealer who' makes a spe- r laity or insiae resiaenc pruwn business Sites, reports a good demand for both clashes, many of thetn having iormaislons to buy valuable bualnees .ti.M rhih the are unable to execute. unwilling to sell except at a substantial ivmiM over orlces . prevailing six . Among tha important sales closed dur ing the past wcea wer eri are preparing to make Portland their .home, gome pesidenoa Sales. E. E Biy has closed a deal with Jo seph K. Nnh for three lots In Nash's oeo.md addition for which he paid $5,000. Mrs. Mary F. Daly has purchased from Loula Burk a handsome residence on Nob Hill terrace, consideration '' 84.600. : ' '- . ' A house and lot on Sixth street, be tween College and Hall, was aoid by M. J. Beakey to James R. Thompson for 4.ooo. - .' A modern two-story residence on we northwest corner of Mason street and Mallnry avenue waa purchaaed by Charles K. Bockles from George W, Gordon, consideration IS.400. , H. H. Newhall. the east side banker, rhaa purchased from T. 8. West a. resi dence occupying three lota In Park View addition for $4,600. A five-acre tract of land, part of tha donation land claim of Robert- Gray, was purchased by Andrew J. Murphy frnm Choree W. Uenkle for $4,000. House and lot at the northeast corner of Broadwsy and East Water streets, purchased by William Weber from Ed ward J. Orahs. for $4,300. Two-story frame residence occupying fractional lot on Rodney avenue, be . twen Cook avenue and Kargo street, purchased by Samuel W. Mcllraln from Mlko Rltter; consideration $3,600. Theodore Fraun purchased from Loyal TV Elliott five acres east of and near Mount; Tabor? at Aha rata of $900 an acre."-- A new house and lot st Vernon was rurchaned by Ole J. Hatland from Olaf Kiola for $$.000. t Half Block 6s Hawthoraa. '"A half block In Hawthorne avenue addition; : neer Hawthorne avenue waa -purchaaed by W. 8. Roberts from George F. Felt for 11.300. Charles W. Stubbs has purchased from M. 3. Graham a house and lot on Kast Flanders street, near East Twenty elathth, consideration $2,600. Ten-acres east of Gresham, purchased by F. I Rugg from J.-M. Short, for IS.000. M. V Holbrook sold to N. F. Noren a new rxsiience occupying rractionai lot in Smith's addition to St. Johns, con sideration 12,500. , I, a. Deragesch has purchased from W, . G. Kegler a fractional lot on the northwest corner of Weliler street and Grand avenU3 for tl,160. An . unimproved auarter block on Clackamas and Fifth etreets, Re wood, waa sold to E. L. Prince by Jacob Michel for $2,000. The Bt. Johns Gas Light & Heat com fany purchaaed from Ben Wise a 60x100 : loot loi at bi. jonns iur ,uuu, , At Point View, north- of Bt Johns, i cottaea aid 60-foot lot has been our chaaed by Mrs. Matilda Edwards from Jacob Halvorson for $1,450. .?. Harry W. Hogue has sold a residence lot on Cook avenue, between Williams . and Rodney avenue to John Vernon for : 11,450. " ; ;-.- - A. large number of lots valued at lesa than $1,000 have changed hands during 'V rf t! i ' fc t I it-: ve J r I'lMl ' i BieiDPRraffii HOLLADAY DISTRICT ,- : ;,- ' . 4 1 .; 'in " Miles of Sidewalks and Many i Handsome '. Ilesiderices Built During 1907 ; f ; Daring the year 190T the Oregon Real Kstaia company, - controlling , many blocks of property la HolUCday addl tlon. laid. 1 $.100 lineal feet over three and a half miles of cement sidewalk in the Holladay park district, y In addi tion a large amount of street work was dona .there. Probably in no other seo uon of Portland was so much substan tial aid permanent' street and sidewalk Improvement made during tha paat year. One result of thla is seen in tha large amount of building in progress there. ProsDCotlve builders are prone to seek a district where all Dublio lmprovemonta have been made and where troublesome atreet, sidewalk ano sewer assessments Will noi mi inc. j ' . t Anions tha costly Improvements to bs made in that district in tha near future is a $10,000 residence, which will be put uo by Mrs. .Phebe J. Colbourn on the quarter block at the southwest corner of East Sixteenth and .Halsey streets. This . site was recently purchased by Mrs. Colbourn from tha . Oregon Real Estate company ; J v.' t . ; a The same company naa just aoia to William McMurrajr, general paa- passenger agent of, the Harrl man lines,' a - beautiful ' alte on the nnrthMal mrniir fif . Kut , Heven tenth and Clackamas streets. Mr. McMurray la having plans prepared for a hand some residence, which he will buUd on the property. . A number of other building sites have rocAntlv hean sold in that district tO prospective builders. . ' WORK TO BEGIJ1 SQOJI Newly Incorporated ; ) Company Arranging: fori ; Necessary.;,. Buildings, v The announcement Is mads that tht Bt Johns Gas, Light ,Heat oompany, which was recently incorporated, with a capital of IJO.000, will in a few weeks, begin . tha erection . of tha naoessary buildings fof tha Installation of a M plant On tha Bt Johns waterfront Ar chitects Goodrich A Goodrich sjs pre paring plana and specifications lor a k 2x1 o-fftot steel and brick building to ba occupied by tha machinery, gas-genera tora,' engines, ate. of tha Pant ' There win oa one gs-n-iur ,v,vvV cublo feet capacity. About flva miles of mains will ba laid this spring. Tha n.iin th . nnmtiuiy axDOflt to expend $40,000 In building and equipping ' St Johns has an exeallent water sys tem, and aewer system.: It Is supplied with electricity and streetcars from tha Portland company, and when lta now gaa works is ready for operation,' tha town will hava most of tha neoessltlea and' oonvenlencea of. modern city Ilia. KEW TODAY HOOP RIVER BARGAIN Fifteen acres of ths beat fruit land In this beautiful valley, 4 miles .south of town near School, churches and atore; county road on two sides of place; i acres In orchard, 4 acres In clovex, m-rfLMM Karri. . , t arga barn, goo4 water right and farm ing implements Included. This will make some one an ideal, little place. It la positively tha beat bargain in the Talfey today. You will only hava t see it vuiiTiuuou. Africa i,qoo. , 1 1 Devlin & Flrebaunti . , B08-S0 sTwetlaad ulld4aa;. . sy NEW fRUIT LANDS A Subdividing V, , "'I Proposition 1.128 acres renin land. 1 miles off I north Dank railroad and Columbia river about $0 miles from . Portland; also I gooa rot dairying. ... , , , d Price only $U per acre, easy tarmav '..'- i, vtvniuifi . inuwri vwr TX Couch lot ta at, sear waafc.1 KB5I PENCE OPCrVlcS JBNN1 NG E iaTrt &VA&CO BEGIN ERECTION OF HEW HOTEL IN JULY Work Starts on Eight-Story Structure as Soon as . Leases Expire. '. The Hotel Investment company's new proposed hotel on tha northwest corner of Fourth and Alder streets will as suredly go up this summer. W. L. Morgan, one of the large stockholders In the investment says that excavating for the foundation will begin early In July. Immediately after tha expiration of the leases held by tha tenants on the premises. The proposed structure is to oa eirnt stories high, steel frame, faced with pressed brick and of absolute fireproof construction. The plana are now being prepared in the office of-Morgan, Sweet A Chapman. The groundrloor is to be utilised for business purposes, .except one room for the hotel office.' The seven upper floors will contain a total of 210 rooms, and 1$ bathrooms to eacn floor. EH FIRf.1 AFTER PORTLAND LOCATION Ogden Company, Owners of Southern Oregon Deposits, iiookinsr for a Site. It la currently reported that the Ogden Cement Manufacturing company, with a factory at Ogden, Utah, la negotiating for a alta for a cement plant In tha vi cinity of Portland. Thla company owns larae cement rock deposits In southern Oregon, which it is anxious to develop. It Is claimed that an analysis or tnia rock ahowa that it will make as high a grade of cement as any that is im ported from England or Germany. Tne ugaen company naa m. capital stock of 3300,000 and haa expressed a willingness to Invest half that sum In a mill here, provided local capital of a similar amount will go into the enter prise. A number of local capitalists have Indicated their intention of taking stock in the proposed company, and it la thought probable that the full amount can ba raised. BUILDING ALL OVER COUNTRY SHOWS BUT SLIGHT SHRINKAGE IK i -4 4 L t sTi JrfiiQ i r.i'- l it fif at ( Wheat tdndo , Stock & Dairy F armi Fruit Lands : ; I and small aoreage near Portland fori sale, - Call or send for description Of! ths.land. ;,' .';''''' " Moore Investment Company - m Waahtagton .,.,. Dairy Fruit Farms FOR SALE RESIDENCE OF C KlNlKefiTi) . E.12T.S1XM5BV atS- As shown by the table below, com plied by the American Contractor, the volume of new construction begun in the 6 prlncfpa cities in the United States In, 1907 waa but 1$ per cent less than tha building record of the' same cities in 106. When It is re membered that 1906 broke all building records in this country, the 13 per cent average decrease for 1907 Is con sidered very small. This falllner off in new construction Is largely accounted for by tha money panic or NovemDer and uecemoer, when new business of every character waa at a practical standstill all over the coun try.. Builders generally expect that tha record of 1906 will be equalled this year, as a result of easier money, and tha consequent resumption of normal busi ness conditions. The following are tha figures com piled by tha Contractor: . City. Baltimore . . Birmingham Bridgeport . . Buffalo Chicago Cambridge . . Cleveland . . . Chattanooga Cincinnati . . Davenport . . Denver Detroit Duluth Evansvllle . . Fall River . . Grand Rapids Hartford . . . Indianapolis Kansas City Little Rock Louisville . . Los Angeles Manchester . Milwaukee . . Minneapolia Is ... ....$ 1907 Cost tha week. ' F0RR1 IGANiTi Control All Patents and In ; elude All Large Bants - "VV4nf 4ln. rminirrv An organization of the big cement manufacturers in the United States has been effected in New. York under the name of, tha Association of the Licensed Cement Manufacturers. The combine includes tha North American Portland Cement company, one of the largest in stitutions of the kind in the country, the Atlaa, Alph. American, Lehigh, Lau rence and Vulcanite ojjinanies, all heavy producers of cemefund all op erating in the eastern half of the coun try.: in aduiiion to these there are holf a doien strong companies operating in the middle west and as many more In the southern states that are in the trust. The association will control all pat ents owned by tha companies, Including the Hurry and Seaman kilns for substi tuting pulverised coal for oil as fuel. The officers of the combine are: A. F. Geratell of the Alpha Portland Cement company, president; Conrad Miller, Dar ter Portland Cement company, vice president; Aiiorutu u.uu, -my no, fori. Innd Cement company, secretary general .manager. . - and Ktata Auditor B. F. Carroll or Iowa fs announced his candidacy for tha rrnublf.-an nomination for fpvernor. ),. u the ftecond candidate in the field, I iciienant tJorernor. Warren Garst 'a('"tt already , announced himself. . rTre-nts tha. progressiva ele- , , t - i) jjsriy, and Carroll tha t uJ: uttersL Memph: Mobile Nashville .. New Haven Newark New Orleans New York Manhattan.... Brooklyn . , . . Bronx Omaha Philadelphia- Paterson Portland, Or...... Pittsburg . . , Reading Rochester .....A' St. Joseph St. Louis St. Paul San Antonio . San Francisco Scran ton Seattle , Spokane V. South Bend Syracuse ................. Salt Lake City.... ToDeka Toledo Tacoma ................. Washington ............. Worcester .. . ....... . . Wllkes-Barra Totals 1. 1 ,439,680 1.84.079 2,448.601 8,411,000 (9,093.080 3.729.345 15,888,407 1,700.400 7,737,063 653,603 6,349.604 14.236,800 2,482,736 1,077,746 1.243,125 2. 068. 765 3.026.970 5,787.666 9.611,922 1,063.065 3,033.648 13,304,696 719.016 10,771,244 10,006,485 4,967.999 1.295.112 , 2,078.044 3.804,882 9.648,620 4.710.623 91,722,799 64,160,107 21,648.874 4,686,643 38,669.665 1,600,192 9,706,661 13,146,311 1.499,650 6,752.615 1.667,662 21.893.167 9,750,000 1,951.471 34.927.898 2,423,849 13,673.270 6,778,176 1,125.825 4.222,282 4,183.800 1,283,832 8,400,666 9.985.425 9,890.464 3.068,896 2.486,861 $590,198,747 1906 Cost. $ 8,611,708 2,132.469 2.684.399 8,686.030 64,822,030 I. 458,106 12.972,974 2.231,742 6,911,190 717,187 7,000,996 13.276,260 2.761,028 1,048,680 1,012,790 3.181.306 8.732,916 6,530,971 10,766,480 1,242.188 6,116,917 18,158,540 811.828 9,713,284 9.464.150 4,346,767 1.121,663 2.840,212 3,018.890 10.411,828 6,663,487 126.076,665 65.066,326 . 28.889.090 4.273,050 40.711,510 1,077,471 6,927.971 15,116,252 1.631.245 6.175,499 1.069,737 29,938,693 9,637,449 1,111,650 66,574,844 2.075,076 II, 920.488 3.701,869 1.073,397 8,313,261 2,315,930 827,408 4,696,970 8,032,855 12,414,451 2,939.403 2,224.83$ $673,960,470 Per cent Gain. Loss. ' 26 7 8 8 , 87 22 23 11 8 9 7 10 2 82 6 10 14 47 26 11 18 6 14 16 29 7 8 16 27 2 25 6 10 39 40 13 8 9 65 27 2 75 38 16 14 66 5 27 88 49 27 . , ' '" ,t -?l- imm- ww ; - -w. jnnnHf u,,;.,rr, u ft ; Writs us and we will send you descrlr tlons and orlces of tha fruit and dalr farms wa hava for sale, most of them! situated on or near tha Columbia river J Moore Investment Company , SI 3 Washington Bt Nob Hill Home FOR SALE House -of 10 rooms, cement basementJ auto room, electric lights and gas; all modern; corner' lot Ererythlng firsts Class condition. Call 160 North 31st Phone! Main 37$$. A CHEAP HOME : ON EASY TERMS' ,V ' Pacific St. I $0x100 an eight-room house on northwest corner of Twenty-fifth th andi lTai4n artm Price sa.liO: term a J $100 down, balance in monthly lnstaU4 I men t s to suit ourchaaer with Interest! I at the rata of a per cent. MALL & VON BORSTEL 104 eoo&d Rt. and 899 B. Bnrnslda SI J Mra. J. Weiet's New Twenty-third Btreet Apartment House. OMXTKZVO WBW. -.' : , Nturallv aubirrleated lands on sun ny slope, that will produce wonderful! crops of peacnes, apricots, - aimonusj a .finrt distance from Portland on thet north bank railroad, and are now offered! tin 10 acre tracts, bearing orchards on otherwise,, at prices ana terms in reaoni of any one employed. This means si home and an Income for you. Write or &u on B. 0. COOK ft CO 851 AXtDEB BT. Have You Money In Bank on :.: . ... 3 or 4 per cent Interests ?t can loan it on first city mortgage?; I at 7 or 8 per cent net. I Know title and values; probate and mortgage busl-l l ness solicited. I warn a xew mortgages! I now from $500 to $1,500. Call or write! for details. - W. 8. WARD, Attorney Alisky bldg. v v r ? 228 4 11 21 13 1 pWr -; ? . if v; IT, . ' v. ' if' f, ' . ,.. , A ' , f " ? " ' V n : . v . 0 K 1 if I UK' r it r f i UracUre ' New W Wamette Height Ckttage. WOLVES IN FABMYARBS. Kill Horses and Cattle In Montana- Hunt in Big Packs. From the Anaconda Standard. For some unknown reason wolves are coming back into our section of tha state, said Frank Metzel, prominent as a stockman and ranchman of tha up per Ruby valley for many years, "ana thev Are creatine: . considerable havoc. They think nothing nowadays of com ing into a barnyard and making a kill, and a number of valuable animals hava recently been destroyed b the varmints. "Only a few days ago a pack invaded one or tne pastures near toe u. a., iar able Brook Nook ranch and killed two finely bred colts while their dams were powerless to prevent it ana wttn rancn hands lees than a half mile away. There are a number of other Incidents In the valley where they invaded the corrals and killed calves, and It is nothing in frequent ror a killing to oa made in a Dasture. - -' "Until within, the last few years our section of the country has been Ires from this curse of the range, and it 1; onlr in isolated cases that a crav wol waa ever reported.' Now they,, go- in packs and h'nt systematically. . I can remember the older men of the valley tening or seeing won pacas in the early '70s, but those old time hunters - were so relentless in -their hunt of the ani mals that few escaped, and it' was be lieved the entire wolf tribe of that part of Montana was practically exterminat ed. It is only during the last few years, since the establishment of ' the forest reserve system, that tha wolves have become particularly pernicious. There Is some talk of the forestry, bu reau putting in a trapper to hunt -the wolves in the Madison reserve this winter; . o: VS.. ;,".. "The situation regarding tha. wolves In the upper part of the Ruby valley Is really a serious one and the stockmen of the county are feeling the loss keen ly, -l or a wolf is almost as Dig as a St. Bernard dog and has an appetite In pro. ortlon. It takes a lot to feed him and e generally likes to feed on warm flesh and do the killing himself or else be in on It. He is not a coyote to Dlay the Jackal and fead off carrion. t . "For a while I- scouted at the Idea of wolves being in the valley in numbers, but I had ocoaslon to chanae my mind a few weeks ago. I was above tha up. ,-. A- -r v. V m'-rrt 'I; '11 4 ' " '''!''f fr" H hi- 4V4 v Remember, $50 Cash With $5.00 monthly and per cent ln4 I terest will ouy ; nic .unDru "cr home in Covoll Oregon Olty canine Beats anything you have aver seen. THB SXTtnf-IJiWJUBB'OX OOn 948 Alder Bt ;: GOOD BARGAIN IN CITY HOME inve-room. strictly . modern, cottage, i block of Hawthorne avenue; full - Sun iratm int. Mar. rrAnrr lunaara diuiiiu1 i. A fine home, and a bargain at $2,350. Terms. - '-.-,!' - " Coast Commercial Company ' 04 Dekum Bttildlntf. Hutert Residence, Franklin' and Rugby Streets, Willamette Heights. and camped out bear the ' Carrutli- ers - cabins. Before davllaht I aot vp and found that the horses had moved out of tha little valley and . I started after, themi Before I had gone more than a mile it began to get light, and in that saga brush, nos-over TSOOards away, I could make out 80 or -40 ob- ects moving about, which I miatooK for deer.i Thinking it queer that deer should be in such a locality. 1 went a litis-1, nearer to Investigate. Then-my hair stood on 'end, for I-could see that they were wolves, all big, gaunt, nun ghy looking chaps.. 'Seeing me, they sidled slowly away. trotting on a hilltop, where they came against the skyline and I could distln- guiati them clearly. ' l counted eighteen in the bunch, and fully, that many more went below the skyline, so that they I were lost in the shadows. That was I sur you I do not want to sea any mora of the critters, especially wnen am on foot and unarmea." .f-1 : , . per canyon looking after some ,stockmy first. sight of wolves, but I can as- J monarch Carmen Sylya's Book StoreaQueen v , of Portngal'i Chemist Shop. . ... rom it-iui. It - Is popularly aupposed: that all In- dustriali"kiri'gs" come from America, but Europe can still boast a few records, j and among them is tha production of real, genuine business monarch. For lnatanca. the kaiser la the proprietor of i a most important porcelain factory at j cadinn. ana. as miant ue excectoa. ns they I dons not delegate the duties to others..-. : nut tne KRwer is oniy one oi many monarens wno . nava gone , into . traaa. King Peter of Bervlai is perhaps the most unconventional of them all, for no runs a barber shop, owns a patent mwui clna and conducts a motor car agency 1U Ilia aui i.. - - , , . P Thu rnlarnlnv Orince Of LIppe-DetmOldl deals in butter and ggs, while a pros-l porous brick factory swells ms proms. The king of Wurtemburg is the jpro nrietor of two hotels In his kingdom, and they add ' U0.O00 -year to his malesty'r revenue.- ' " ' . The emperor of Austria owns a china war faatorv 1n Vienna, which is , one of the most famous in tho world,-and employs over 1,000 skilled i workmen. The king of Saxony conducts a similar business, though- on a much smaller scale, but, according to report trade Is Increasing, so his majesty need not keep "awake or nights" wondering if his trav elers are fit for, their Jobs. i Queen Carmen Sylvia is the only working1 Journalist among tne crowned heads of Europe, but her majesty' has within lata years aaaea a oooaseiieris Mhnn to tha affairs of her state, This may be aeett in Bucharest, acd Is the leading house in the trade. Lately she has opened a Bookshop In Paris. ' Tha oueen of Portugal has a chem ist's shop in Lisbon, registered in her own name. Unlike the various other businesses enumerated la this article, the Lisbon establishment la conducted solely in the Interests of charity, and consequently when the aueen attends to the. wants of customers personally 'she often, makes up prescriptions herself she is working in a good cause and seed fear no criticism. , , -",-' 'f