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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Aug. 2, 1908)
8 THE OREGON SUNDAY JOURNAL', PORTLAND, SUNDAY MORNING. AUGUST 2, 1908. BUSINESS LOTS SELL FOR FIRST TIME AT $5000 PER FOOT Unprecedented Upward Tendency Shown in Value of Downtown Tracts by Im portant Sales Made During Past Three Weeks New Buildings Assured. Rapid Transformation of Business Sec tionTwo Large Buildings to Replace Old Structures Standing on Valuable Sites Purchased by T. B. Wilcox. The local realty market for the week Just closed bears ft close resemblance. to the exciting weeks of the earl? days of 1907, when sales In the business dls . trlct were of dally occurrence and the ' weekly totals frequently reached the million dollar mark. Last week's sales, however, are of more Importance to Portland tljan the "'" heavy transaction of two yeats ago, - which were largely speculative, while very large transaction made last week means tne erection or one more ursi olass building; In the down-town district For the first time In the history of Portland business property was sola at a rate equal to $5,000 per front root, while in numerous Instances property In the business districts of Heattie and Los Angeles the two Paclflo coast cities in Portland's class have brought this gum. Ttobar Za Clear. Portland's horizon has been greatly widened In the piut year. People now see the future In a clearer light and Clsoernlng men are connuent that Fort- land will have a population of 600,000 by 1920. This means the trebling of all property values here long before that date, in Pittsburg;, Buffalo and Cleve land all cities having less than 800,000 population, there are numerous favor ably situated corners In the retail dis tricts that cannot be touched for less than 112,000 the front foot, while one of the principal corners in the former city was sold last .year for 113,600 a foot. As was said several days ago by Theodore B. Wilcox and printed at tho time In The Journal: "Portland property was never so cbeaD as it is now. I resard the corner at Seventh and Stark streets recently f urohaeed by me for JHo ooo as a bet er bargain than the same property would have been three years ago at 160,000 leas. Three years ago the fu ture of this city was not assured, while now It Is plain that Portland Is the metropolis of the Pacific northwest, and every year Its great superiority over its rivals will become more mani fest. Then, I was not certain that I wanted to make heavy permanent In vestments in Portland now 1 am cer tain that 1 don't want to make them anywhere else." Week's Important Sals. The purchase of the southeast corner Of Sixth and Washington streets the I-Abbe corner by Mr. Wilcox waa tho most Important realty transaction that has occurred In Portland In the past 12 months. It was not only significant manufacturing sites, while the higher ground will he platted anil pot on the market as n townslte. This Is hut one of scores of deals In lands lying along the Columbia slough that have been made In the past two years, all told In- HST BEACH isicwrociTy The NYhoKm Bay Iand company has ii Important announcement In today's Journal concerning the nearest ocean beach to Portland. Necarney City Is the new beuch and Is a beautiful tract of 1C4 acres about 67 miles nearly due west of Portland anl about a mile and u half north of Nrlmlcrn Hay park iNecnrney city tins one hair mile or ocean mintage. it is n. i.atural puik overed with groves of second growth llr, spruce and hemlock. This beach Is the site of the original discovery of the famous. N'ehalem bav so-called Ihu'swhx, the original owner having gathered and sold over $1,000 worth of this strange product. llelng 60 miles nearer 1'ort l.i i d than Seaside It Is expected that the beach, which is now put on the mar ket for the Mist time, will sell rapidly. Lots are 60x100 feet and every lot will face on a street. lfor the opening an nouncement lols are offered at the very low price of $50, on easy terms anl everv purchaser will get an allotment number which entitles him or her to participate. In the free, distribution of 34 lots. When the Lytic road from Ilillsboro to Nehalem Kay and Tillamook is com pleted Necaruey City and Nehalem Bay park win be .'0 than the Tillamook bay beaches, A study of tho Illustration In todays Journal will he profitable. The Paclflo Jtallwuy Navigation ooiupany hua commuted 20 miles of road from Hills boro to lluxton and 300 feet of tunnel through the mountains leading to the head of the Nehalem river, which I only about 20 miles from Nehaluin bay. Tho Nehalem Hay Park company will gladly glvo full information at t hoi r offices. 1000 Williams avenue and room t. Chamber of Commerce. HANDSOME NEW HOME IN IIOLLADAY IUMv Mrs. J p. Colburn la erecting one of the handsomest of the new homes go ing up In the Hollailay park addition. at the southwest corner of East Six teenth nnd Halsey streets. The build ing is n two-story frame, eontitilng 12 rooms, and will cost whenT-om-pleted about $10,000. The Interior fin ish Is being done In select Oregon fir. with hardwood iloorn tho lower floor In oak and the upper In rminle. K In to be strain heated and Is provided with all tfie modern conveniences. The plans were designed by Architect A. H. Knbrr, the style of architecture being modern Knglisll. Contractor T. C. lielchle has tho general contract for Us construction. CORNELIUS SELLS BLOCK ON OAK Proiier Knough. From the Kxohange Oonkley Old you ever notice that the average poet. In describing a winter landscape, always speaks of lis "munllo of snow?" Jonkley -Quite naturallv. too. That miles nearer Pnrtluiul mantle of snow Is the land's cape. Dr. C. W. Cornelius has sold to L. W. Watts a 25 by 100 foot lot, covered by a threo-story brick building, located on Oak streot between Front and First atreots. for 127,6,00. This property was purchased by Dr. Cornelius about one year ago ror 21,000. 1. W. Wright has purchased from T. . Ihinhar. executor, the east lislf of ots 6 and 6. In the south half nt dmilila oiock j, ror xi&.izb. Imnlel 1. llusbv has closed a denl with W. u Dlcl for the purchase of me south nair or lot l, block 8, Abend's uddltlon; consideration 16.600. Harry W. Peterson has purchased from John I,. Henderson a house and lot In llolladay Park addition for 14,000. Siii;rc(Ioii for Dr. Wiley. From tho Independent. It Is no Joke, but serious and sensi ble proposition made by a commission or the Kiisslun uuma, that the Imperial eagle hlthorto placed on labels attached to bottles of vodka, which Is a stato monopoly, he replaced hy n skull and hones, indicating Its poisonous and dan gerous character. UI RECORD MADE 1 WEEK'S REALTY DEALS Downtown Section Marked by Vast Im provement on Numerous Prominent Business Corners Old Shacks Re placed by Modern Structures. Pleasure Is one of the things that are harder to forego than to go for. NEW HOMES IN HOLLADAY PARK ADDITION 1 1 i '.: i,vtt,aiiiti.MsMiUAri 'ht"-'rir'- firf '"It I'm skirt fti'Vfiii"" ' ---"-- sisswftrii'issliiVr '-i mj.,n rtsfrsMi nsU - .... ..... 1 -r-.. "r kmu-jX swum ''" - ' ' ftUUiK TK ;w.:.:, ' -'M - r- -;4s " rU'WWK- v I.S Corners In business section to be Immediately improved: Southeast corner Washington and Sixth 10-story office struc ture. Southeast corner Stark and Seventh 8-story hotel annex. Southeast corner Sixth and Alder 10-story for Meier & Frank. Northwest corner Fifth and Stark 4-story for Oay Lombard. Southwest corner Second and Yamhill 4-story for Chinese syndicate. Northwest corner Fourth and Alder 6-story for Hotel Im provement company. Southwest corner Fourth and Oak 4 -story office for Charles K. Henry. Group of elegant new residences on Kast Seventeenth street, between Clackamas and llalsey streets. The building on the rlpht la the nearly completed home of William McMurray, general passenger agent of the Harrlman lines In Oregon. The design of this building la altogether different from tho prevailing styles of architecture, eo much employed by builders of the better class of Portland residences. Th-e other two houses in the group were' built by Contractors Carlander and Rice, who are among tho largest holders of improved property In the Irvlngton and llolladay Park additions, they having built more than 2 0 handsome homos in that district In the past few vears. Never before In the history of the downtown business section of Portland as there been In evidence such Impetus In new construction work as Is existent at the present time. On seven of the most prominent corners work on new and up-to-uati! office buildings or hotels has started or will start within the next tew weeks, and today there Is no indi cation that there will be the slightest abeyance or een temporary suspension of the marked Improvement scheduled for all sections of tho business district. Not alone are these new offices, hotels anil store annexes to improve the retail i and business region of tho city, but puiuinouut from a civic hcauty point Of view Is the refreshing knowledge that old shacks frame structures which have weathered tho storms ajnt unkindly remarks trr visitors to PortJund for a score and more of years are at last to bo torn down and replaced by types of modern architecture. On all of the corners listed in the schedule of Immediate Improvement, the city has been forced tor months to view with Ill-concealed chagrin and civic Hlmme, tbe tattered, torn and half-dismantled, antiquated buildings, long since passed bi yund the pale of useful !i. 'K and Rrraee. Within a few months these bulldlnRS and resemblances of buildings will be raxed. In their destruction Portland will witness with a relish the passing awu.v of numerous eye-sores. There still remains numerous other corners '.n I'ortlnnl which should ro celve the same treatment. The prlcn paid by T. H. Wilcox for the corner at Portland has too much frame work, not alone In Its business section, but In the residence districts as well. Throe and four-story frame upartment houses,, at tho mercy of any conflagration which starts, are common sights. They con tinue to go up in all sections of the city. To prevent their construction Is lm- fiosslblo without an extension of the tire Imita which, like Denver, should pre vent the bulldlntf of any structuro with in the city limits unless constructed of stone, brick or concrete. Portland faces the double handicap of being without alloys. Hence, righting flro is a difficult proposition. That was shown conclusively during the past woeic in uie norm end nre. n lias noun shown conclusively In other bitr fires which have swept sections of Portland. I.et a fire originate in any residence portion of Portland today, braced bv a strong wind like the one blowing wheu tho north end fire started last week, with no brick structures to check th advance of flames, no alley-ways In which the firemen could work against the conflagration, everything frame. In cluding private dwellings and apartment houses what havoc would be wrought? No estimate can be placed on tho thou sands and millions which would go up In smoKe. it nas Happened in ouier oiues, why not in Portland. The way to prevent a wholesaldls aster of this character, which Is more) apt to como to Portland than any other city of Its size, because of its short blocks, narrow streets and lack of alleys and tremendous amount of frame build ings, is to extend the Are limits. Den ver has set the pace by including every thing Inside of tho city limits wlthla Its tire limits. Perhaps objection to that oourse would be too strong for Portland to overcome, but the flro district oould at least be extended over a large portion of the residence district ana made to apply in the construction of all future builillngs. Civic elegance would not only be given a mighty impetus, but safety assured as well. BUYING ACTIVE IN COUNCIL CREST PARK If -. - : i j ; '. i jj . - ' 4 1 i i in n i .... " ' 41 " - ' ' - '.-j! - The John .J. Sharkey company report much activity In Council Crest Park, which they recently put on the market. Bull Hun water Is assured for ths park within 90 days and many who have de ferred building until the water service was assured will erect handsome and costly homes throughout the traot which commands a beautiful view ot city. valley, rivers and mountains. Streets are being graded, rt Is expeoted that ths whole traot will be sold out this fall. STOLEN INVENTIONS Coulburn Residence, East Sixteenth and Halsey Streets. as showing a very larpe Increase In Washington street vaiues within two years, but it renders certain the fat that the antiquated frame buildings on one of the most valuable corners In the city are soon to give place to a modern fireproof ten-story building. Another announcement of no less im portance to Portland was the positive statement that Mr. Wilcox would at volvlng a sum upward of I.'.OOO o.io Tuesday Lowens. hn l:ros. . ..d Eugene lloch. the Fourth Ktre, t 1:l chant, a to-foot lot on the i at h of Sixth street between Fiar.d. r a (lllsan streets for .'f''.'jaO. Mr. !! announces that ho made the ; i Rs a permanent Invn-i tn. nt i 1 wi;; , imdlately Improve It v. Irs. a brick bul lng. Bman Deals Vttmnoiu. rmaner aeais were t-unirro!. than for ar.y w --k In seven U. R. Dishman's Bungalow, East( Seventeenth and Halsey Streets. ODDFELLOWS TO LAY CORNERSTONE once Improve his recently purchasd iiiui ra.nu .-lai Bi.ivri.7i rirmnri Utti8 were r'U;l:rro, Vn r j in u way iuai win t.e in Keeping with 1 than ror ar.v w f--k In severs, mo-' . the value of the sltrt ar.d that will re- I Involving all r;.,:-s. s ..f res'. 'en. t". fleet no discredit on the splendid class ert.v. and a r.t.n.t.' r "f o jts'Je acre.-ie ' of Improvements nn the surrounding' tracts ;.rge .1 Watts foil to ' property. The bulTdlng Is to be an j Oien Harbor Itl'v company' a t- V.-t I ert y Is t Snd t -for f M a in t u M L t he r,. are , -h-.- r,f eignt-story rireproof struetvre of rt- 1 ci.ntalnirr Inf, enforced concrete and stel frame con- I nar I.lnntor; : Ptruction and will ot aj prox lma!l y j has a r! er ft $-6O;00. It is to Ne LPed as an annex' rxtenis w!. to the Imperial hotel I skirt tt.e w'nt Balld Hew Hlgli School. rJver - v' .JJ. 't J irir.g t;,e ,at week j r; f0,!;:; .. Chaii the hloek boor. '.-.I hi- i'ry.r Ia:s, Fr t-e-.tt. II ' g-. t er n t h streets find would b-t'l I t. U a" tn--!.-rr iir proor ni:i f t, . i t,, -.tk or the fran,.- r-.j d:,.K h: K.oire t-th ard Alder etreetv , m k helnr.rt-d to ir. w. ., s r.l:.-,t..s. i:. tn.- K-ke:.ti et?te snd I " H'--v J .rifi, Br,d w old for a ..n!d-'at!on f IICO CM. The deal was 'frede thr o:rh the acn -v of Chnrles K T J . i;r-- S..n. a.-ti-.e for the e) oo! bt,r ! t'ror . mt!. -'on f thU itni't ;re ' .r"r.J :.: nae three mnilf 'j:h f i-n.r tjarle K hiprv, who purehsxef! fee vacant otbwet rurner .f Fourth end ,nT '2r'vB. has since bn ' w-m-rea an invinN of 110 cm hit Mr. Henry declined to mniM., '1 the rl vi r : nt r S-a o.,o. The prc;.e.. tv 1 : it- . 1 .;..f. f, -t Rnd , k :-t , . ,, I -of the t i,.Hrr.-fe ' M i-m I'srlf:- 1 nrl i .ways' i r -,j 11-it - Ta. t. : ' . '..'1 t,r..p- at ' e j ; ; T r, ; - t p rr r.j-.d w I.- res- rel as 4 i a. -re r , i hyivau. J he r-o; ert y m 3 H. ir a-.d wan m; j This aereite tn "e r i w eet of : ee r'tv t ' t - ceveloped as a r .It o to the nw SaJem e:e-trlr 'ts line - 1 th pur- i ''I near owned by ' f"T f.'"1. I lat rirt . t ; rip. ,,y r.earneas A Ml lace Power, F'om t!. I' Faturd.ivl a rnltimbn ' "r n !- 6fl rt m. rr.Rn n v.'.-r.bus r'lsparch. f:rm had an arint a itr.i.l country town ' Jr. K in O:, ! envl nf'rr Inrff hu kfltmiea to ef.iiect de"rrcln1 to do s.)mthtn iadieR- Bo they wrr!e a lettr to the potn.Rtr of t; e town and feakd In- -l.able bu.tne.. hottH the ,its I 'j V? "-nlns; the in-nbAtt: fee a. satisfactory arranffemenis caoi 7,V vJ mTTJ i10-1 Wt 7 Vhr h W mad for leaain the premie, I M" bt ' ,nJ hat fc"1'1 rf mn Portland and A. tori a capitalists .L.Tt'''?''r!:i V"1.41'1 !f h n0 1 acres m the r-nlnayla aijotnlra t I rlSTT?;,? Justly of th peace for the tratti ,L1 " . . w7r "T ' rrnm U.Jji .something like this about h',ni you ar. seeking tnforma . L T" ' Jh" Smith iiwini. Sixth and Washington during the past week Indicates the steady and substan tial Increase per foot front of building sites in the business section. In conse quence. It Is nothlriK If not deplorable that so much of Portland's business heart should bo monopolized by fraino structures, so old as to almost antedate the city b first crude unsculpture.d log; cabins. On the face of fncts, patent to the most cursory observer, downtown property would appear to be far too valuable to remain long encumbered I the cr;olMe St "t 4 -W , . i . - " At. , -. - 4 t L a omethlBg above iiMt.CO Bolg for Kaaafactaurvra. Tne rolling extenda from Rrrart trL wi the south, across Mu4 Uk id from i41sitppl avenue on the t teCcBt-re stroet on the eett. anf l a fart cf the jt wia lunrm dnatloa J4 clalsa. The parses f the pue e. la t lla tket portion f the ' t yeualiif toe Swift firotrtfor iri' IL1 J,tB Prnlth. Justics of - imri Terr truly JOHN S1HTR- Tf yon want lot for yovr cnooey rt ts a ral atat.da.iar. At ? It olock this afternoon wrn oe mr the laying of the cornerstone of the new lew r build. ng of Orient lodr. L O O F, at East Flxth aad East Alder streets. The sercieea will be under the auspices of the ofTlcera cf Orient IfMjga. te.e grand master of ths grand loflge officlattnf tn the laying o? the eonwrstona. A arerteral tnvltatkvn Is e tdd to mwiUri of ether lodges te fc trsat at ths carenaony. The bulidins- la tn fv... enforced concrete structure covering a Plot by 10fl fet. nd will e..t to ed In Portland in fhe past few rears. Architect r J. Bemdt designed the structure. The stvls of architecture Is d arn ' f Jf" l0"." fl ""r ' hat ' kj""rn niodern English. . second floor arranged for the use or the lodge, and tha third floor la to be P' banquet hall. About alx months will be required to build the structure, which when completed will be a hand some addition to the large Dumber of fraternal buildings that have tca arect- a number or attractive feature are worked Into the dealer. The curtain wall, are to be of deep red brick, and pilasters and say windows are to be done in concrete of a warm gray tone. All tile Inserts are to be In browns and Sreena. and the band courses are In a-rk greens and blues. . . . with lamshuckle buildings. Not alone Is the elegance of Portland retarded nnd given civic smallpox by these shacks, but fire danger Is likewise highly enhanced. No more striking example of the folly of permitting frame structures to re main In the business section, or to per mit them to be remodeled f Is seen dally, is apparent, than the disastrous Are which swept four tilo ks In the north end of town hint week Faithfully and as diligently as the firemen fought the terrific onslaughts of that blsre as the flames ate their way In the fore of a stiff wind, the most unheeding spectator realized that had not the Barr hotel with its solid brick walls stood In the way, although consumed Itself. nothing could have staid the flames until thev burned them selves out sgalnaf solid structure.! nearer the heart of Portland's business district. No amount of water could hv pre vented a wholesale, snd what might, tinv Precautions Taken Before Days of Patents. From American Industries. Before patents were granted for In ventions, the Inventor had but one way to secure a return from his Invention. That whs to keep It secret. Heeret Intentions wore tho most val uahlo possessions of many families nnd guilds. Hut In proportion to their valueV they tempted the cupidity of competi tors. Tho Secret of making Venetian (rlass was greatly prized and was most Jealously guarded. -V Venetian named Paoll, who possessod the secret, left Venice and wandered northward prac- 1 Using his art. He was stabbed In Nor mandy with a dagger marked "Traitor" a measure taken to preserve the se cret. In 1710 the elector of Saxony learned that a man named Pottgcr had lilsoov. ered the secret of making porcelain. lie accordingly confined him In the cas tle of Alhroch tshurg until Lhe discovery had been perfected. The workmen were sworn to secrecy, and the drawbridge was kept up except to admit those spe cially authorized. Thus was the manu facture of the famous Lresden ware be- rrun. The secret was soon carried to Vienna, where n royal factory was es tablished, and to France, where It was the foundation of the manufacture of the famous Sevres pottery. The stealing of the secret of making "cast steel" Is an Interesting example. A watchmaker named Huntsman was dissatisfied with the watch springs the market afforded.- and In 17H9 conoelved that If he could cast the steel Into an ingot, springs made from It would he more homogeneous. Ills conception was successfully carried out. and a large market wns established for "Huntsman Ingots." Large works with tall chim neys were soon built. Every effort was mads to keep the secret. No one was admitted to tho works. The process was divided, and persons working on each part were kept In ignorance of other parts of the work. One bitter winter night a man. dressed as a farm laborer, came to the door ap parently In an exhausted condition and asked admittance. The foreman, de ceived by his appearance Into thinking the man was Incapable of understanding what he would see. let him In. The man dropped down In sight of -the furnaces and seemed to sleep. Through furtively opened eresj he saw the workman cut bar of steel Into hits and depositing thm Into crucibles, put in rurnaees and urge the fires te the highest pitch. The work men had to protect fhemsetraa from the heat hy wet clothes. Finally the steel melted, he ssw the crucibles were with drawn and the afeel was cast Into mo. ilds and the secret was a secrot no longer Wlioat In the Pat North. Ottawa Correspondence ft. John Pun. The rei.ort or. tho standing committee of 'h- commons on agriculture ntt1 rnl onlgaflon J' reented to parliament today r.otes that O K. Tonni. superin tendent of railway lands of tho depart ment of th Interior, pointed out that wheat la successfully ralaed et Fort StmpKon. 10 miles north cf the !nt-r-natlonal boundary ar.d K00 miles north of Kdmonton. Dr. Thompson, member for the Yukon, presented to the com mittee a sample cf white outs grown on a farm 61 ilcjrwK north latit i'V Thla sample, a.alvzed by Pe Commissioner Clark, was found to run 4 pounds "i have proved wholesome destruction of the bushel and to be an exreptionil'v the entire north end district. Put the I fine sample of white oata of superior lesson was there In emblaroned lettera milling quality. ARTIFICIAL STONE We furnish High-Grade Stone for all classes of work Trimmings for Brick Buildings, Pillars, Bases, Cap. Water-Tablinp, Building Blocks, Colored and Natural Brick. Modeling Architectural Designs-a specialty. Dyer Molding: Machine Co. KENTON, COLUMBIA BOULEVARD Offices 17-18 Lfajrette-Bltig.
