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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. '
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, . 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
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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
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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
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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
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13
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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
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fr"
H hi-
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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