The Oregon daily journal. (Portland, Or.) 1902-1972, November 22, 1908, Image 54

The Oregon daily journal., November 22, 1908, Page 54, Image 54

Image provided by: University of Oregon Libraries; Eugene, OR

About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Nov. 22, 1908)

Prev Page of 64 Next Prev Issue Next Text PDF JP2 (4.3 MB) Clip/Print Image

Return to Top

Prev Page of 64 Next Prev Issue Next

Newspaper Page TextTHE OREGON SUNDAYS JOURNAL, 'PORTLAND,5 SUNDAY MORNING,'; NOVEMBER -22, 1908, OUTSIDE MONEY TAKES " ; CHOICE LOCAL REALTY Residents of Willamette Valley and Eastern Oregon Wlio . Stu4.v Conditions Even More Keenly Than Tort-. landers, Do -Not Hesitate to Invest- in 'Realty. 6 . ' M Buying of Portland real estate by res ident of Wijlamett.5 valley aod eastern 1 Oregon towns is one or the notable feat ures of present day conditions In the local realty market, and Is one that Is i being developed -by a tiumoer ouemer ' prising brokers. Wheat, fruit and wool ' kave ; broWit enormous; .quantities of new money l'tp n6 Interior districts ox .i.t. on the nast few years, all of (which has been lying idie In theeoun i try banks. One result of this conges tion of raftney, has been :ts d4 very 7 largely - to the amount of choice Port ' Und realty owned by residents of the ' state outside the city. -. - - One of the most prominent brokers In the city reports the sale of ;mere than i half a "million dollars-worth of- high- clVsa Portland real estate to Willamette I valley residents In. the past four years, i a large portion of which Is still held by Uhe original purchasers. Much of this S property was acquired not for -specula-' lion but tor investment purposes, and in 1 many instance has been Improved by ".the erection of modern buildings. A 1 favorite class of Improvements made by these investors Is apartment houses land flats, no less than a dosen of the I handsomest apartment buildings in the .'city having been -erected and are still 5 owned by residents of Willamette val- ley and i eastern s Oregon; towns. J j I ' Tker look Into the Tatar, i ... v 1 J .'A'dealer discussing this phase of the j mmUv market said: "As a rule. I find outside residents of the state, are much more appreciative of present values and v.nih!lltle of Portland property and buy-more readlly.tb.au do our)horoe J product; .. -w, ( -IfH i Am an illustration: in answer to an advertisement,- last .week a gentleman my office. Within ten ' minutes of the t time he first saw the property i naa a I deposit from wm on m purcnano pnc land-he said he was well. satisfied, and ; .hnnia have been, as It was a good buy. 'The purchase price was $10,600, and the J Income was 180 per month, which, made t pay over' 19 per-'cent net. Notwith i standing all H this, many Portlanders would recall the time-in the long ago iwhen they could nave bought- the' lot for $500, and for that reason would turn 'the proposition -down- promptly. Out f side-investors ' own millions of -dollars worth of choice Portland property, and lit is certainly a pleasure-to do business i with them. Another i reason why the situation looks, better to them, than. to I most residents: -they only come to Port iland at intervals, therefore are in much k lvAd . rnal 1 1 nr. . tn Tin t J. - t h . rrfiflt Ad-! f vancement which .Is con Usually taking (place. How many Portland people have ; been out on the peninsula and seen the . new 'Swift-plant? . Probably-hot over J five per cent, but-7S per cent- of the f people from - the country , tributary to Portland make a bee Una to wee it as soon as they-, arrive.' In . many way ; thev are much better posted about Fort f land than most of the residents. i The largest - transaction of the week J t and one of the largest or the year (and $ hy the way this property ! was acquired f toy non-residents), was the purchase by tne uregory investment company, oper ating :irt Seattle and Tacoma, of 80 acres in the Rose City Park tract. This oroD- . erty la a part of the original 1.100 acres i purchased two years ago by Hartman I A Thompson, and associates, and is to I be platted, its streets improved, , water f mains .laid and other Improvements i made, preparatory to putting it on the I market on about the same terms of pay i ment and with practically the same re strictions as those of the other high- .in b irsiuvnue - auuiuons in ioe . Jttuse City Park territory- . Entire- Sua Prom Outside. TTPl. r 1 - aw.. I . . I ... s "uiio me price si wmcn mis tract 1 sold, hag not been made -public, it is j understood that .the purchasers will In vest all of S2nn.0nn.riv tha tim th inta are ready for the market. Of course so large an investment aa th a a wavs means an Important transaction, hut it derives still more importance when" It in Known mat toe entire 'sum comos from outside- cities and la. -nut nn bv men who have heretofore confined their realty ODeratiOns tn.nlhpr .Paflrin nnaat This coming In of outside capital Is more than eratlfvlnc to h.ra) realtv brokers and indicates a imdwlnr Infor. ?m in t-vriiana. property, portentmus or a heavy winter movement in Portland reai estate. , t In con auction "with thl sale If 1vI. ops that It is the seventh large deal In Hartman & Thompson since the tract came Into their possession. Last spring BiuuiuAifl i-omDOHM nr mi Tnn. I innna Campbell. Mr. Campbell coming from the east, Mr. HHton from Los Angelee nu mr.- ijouus Deing a wen-Known local realty man, purchased 67 acrea. which has since, been Dlatted. handanmelv im proved 'and has already been largely f " . j n trace is Known as jym- hurst'anil' haa ttrmr1t.A tUa m tl.ntUn vi uome ouuaers rrom the start. ThA Tnnnl.. D.I . chased three separate steel columns that will carry Rose, City ' fSrk. all of whlch wre Uhe 'rnens load of ' the structure, platted. and rat m h. JS tk! Forms for the concrete are being made first of its purchases wa fift and lna put in place, and dellvery or steel im known' aa Belle Crest. No. 1. later oS " 52" "d lor tne skewton the comnanv, nmuiM in ..... k- l frame is In progress. north of its first ourcliaae and VTaiid f Dr. William L. Wood has purchased it n- r-Zri P"!"? "1 -from" O. A. Cobb a twostory brick diUons- hav T been largH- sold out and bul'dinr on Willlama avenue, between " " larger , .SOia OUt. ana I H.llIv.rI and Otantnn . Tha i""'!1' now rkeuii an so- r m, -r ,:;:, vr.t k. .was, made through the agency or a5-re.tre J fitn'e ! north of the Sandy fiX. . 4 Jtnown " "yde Park. j fiaiv and th Bales so far, in acreage and lota of . J' u alJi,?VTl Bose City Park property have aaare- Kiven H.600. gated about $i;?00.6or " chased' from Louis Tn h.ln. ... .u. , . , . i, on iweniy-i ixn H.6-. hSO4 Myrlt $7,000. between Ankenv and Pine, opposite the S,, ulldlnir occupied by the Marshall-i.-compru5r- The property was sold to two wealthy lumbermen by Charles K. Henry & Son for; $76,000. It has a froriUge(of lis feet on Fifth street, 50 -; riiB Ma oz reet on Ankeny. For the Dresant tha n.m.. .u . chaaera will not be made public, but It IT ""r. ,rt, u '"' ' iney will erect a uuuuina- nn tna nrnnartv nrnhih a six-story office strurtiira nf mnr. (' rlfl Oil HANDSOME H03IE miriv own.d k T.VTplri, was for- H. T. Hudson for the purchase of the . ' Llnniin Mil- a n " i ' , 6 . I nortneriy 4 . zeei 01 lot i. diock Z6'J, ..'J"!"..' Jr0l,e... -Co- closed a deal I city, consideration. $8,000. :TVlJ.""i""y-w"n.JFes Hilliard for A quarter block in block 4. Ilolladav lua-iuiirui hhh nr n hair hi.i. ... tt i. i i . . . i - - Vamhlll tra( w.r , i ram, n9 dcbh jurL-n,-ea oy Aiexanaer vmmFXwiL S;u "":ru r,ai Decona nna vvnue rrom Albert Bnx rpr ffiS&ESSS SWISS C1IAPT A Am vm ' - 1 Hotel Bit mrahaMd. VF-J" ,fec"te m.. one of the owners of ciosea a aeai last week with i.iuun uwuiraiin tor ine purchase of a in mi inn ami Blue or Hixtn street, be tween Everett and. Flanders for $34,000 It has been reported that a $50,000 hotel would go up on this property, but Mr Sechtem announces that he has not de cided what fcharacter of building he will erect on this lot, but that it will be in keeping: with the value nr tha nrmurto and the- class of improvements going ud In ha iptnlU r gag vlio Tiuiiiuv. William Reldt ha purchased from the "' -' -. r. i ; IhxvV " 'SA&S;. 1 " ---"fSy" - '. 1 m . . ... II . , ' . ) . 'Ill ' K!V'fJ- ,ir,: v'- f'Ui rmw-l - Ja -f V .a. iit't: 2 i I i i I i i if I 1 1 It II I 1 ' II ! Ill I .'- v t f. a c v a . -.. . .a -ka a i auaar r . a 'T. s a : a ini ta is ail - a f - a A ' . aV ; jf- V " wVJ. ' : Carman Furniture Factory,' Elgh- teenth and Upshur. '. - and the consideration, waa Mr. Daly has pur Uoldsmlth two lota and Twenty-sixth streets, consideration Construction work will begin next week on a two-story frame store and apartment building on the property at Sixteenth and Washington streets. The Bite belongs to Dan J. Malarkey, E. J. Daly and R.- B. Sinnotfc H. ' R. Reynolds has sold to W. F. Flledner a part of block 6.' Johnson's ad dition, for $5.000. Lewis P. Love' has purchased from the Brong-Steele company 13 lots In El Tovar addition, consideration,' $7,700. A. W. 8mitn nas closed a deal with The handsome , Swiss chalet erected by D. C. Henny at Fourteenth and Hau streets, on Portland Heights Ter race,, from plana drawn, by Architect H. J. Hefty, has been completed and presents one of the handsomest appear ances of any home on the high ground west . or tne city, vine nouse is two storiea high. The lower storv is in stucco with coarse sand dash, and the second story is or squared fir logs, stained in Imitation of weatherbeaten. .The interior is finished is flat-grain, se- Oreeon Real Estate comnanv fwn ne lienor W finished I" flat-grain, e on Grand avenue, near th' handanm. ,eot.ea nr ami is;done in Dutch library- new office recently completed for the company. Mr. Reldt paid $8,000 for the property and will improve both lots with substantial brick bulldlne aa aoon as the preliminary, arrangements can be made. Rapid progress is being made in the foundation and basement work of the Imperial Hotel annex. The northwest Bridge works, which has the general contract, - has completed the heavy iron pier plates upon which will rest the. atyle, except that several of the rooms are finished in golden oak. - Tha stair way and entrance are in natural oak and all tho windows are of elate elans. in the location of the chalet and in the arrangement of the grounds a most pleasing and artistic effect has bee raaae. t t o-..xlrffii I J.-Tt It-l Homeopathic Hospital. East Third and Multnomah Streets. Women may be the weaker vessel, nil ii. is generally lue man who euc oroKe. . . .1 " 'V' '-''ft i :''--f1:-I'---'3f ! IM. 'I V r i "7"fi' 'r ''""I ' ' sJ-f aHyi.at.i;jMtpiilnai,ii,,.t m u,,,.,.,, ji.upi,., ' ' ' aj iimyij .aajniw l . j ij,., w,.,,,,,. wj, 1 1 (a,; w a .. , '- t' . k .... - t X '4 V . I' ; - '4 .J, .. ' ,......v,y..--' ""....'. - . ' ' : ' w . z i f 'f if; X 'J ; 1 ' f . .. - ' - J t ' ' '' ,' y? ' ' 1 . EX-WASHEE WAN TO BE DEPORTED Eng On,-Suspected of Hav ing Sold His Certificate, Must Go Back to China. Eng On, a Chinaman, waa ordered de ported yesterday by Judge Wolverton in the United States district court. Eng was arrested several months ago at Pendleton by the immigration authori ties on suspicion of being In this coun try illegally. Eng claimed that he had lost his certificate of identification -in the San Francisco fire. .The govern ment authorities believe that he aold the papers to another Chinaman. Eng at one time lived in Chicaeo. There he was in charge of a laundry He worked night and dav. as all Chinese seem to do. and finally saved enougn money 10 go oacK to nis native land where he had planned to spend the rest of natural life. Eventually Eng On returned to the land of his birth. But he wasn't as contented there as he thought he would be. Conditions had changed. Life in China waa not what ne had pictured it when living in the United States. Eventually he came to this country again. But he man 1 nave nis certificate. He applied to the department at Washington for a auDiicaie or tne oriannat. Tha ottim als smelled a rat and after an invest! gation JSng On waa arrested. ins Kovernmen 1 representatives are or tne opinion tnat icng On disposed of the papers while in China and that tne orotner countryman to whom he sold it ill now over here somewhere naving tne -time or nis lire and lauarh irg in his bla wide calico sleeva at tne smootn tncK ne played. Eng On the agents figure. ' probably received $100 or $200 for his certificate. To ne aliowod'io live in this land at tha free Is worth a good deal, you know particularly to a uninaman. w nen tne aeportation 'order was made Eng On said nothing. But It was apparent that, he thouaht a a-nnd ui-ai. - ne was represented in court Dy an aiiorney. . . ., ,. PROPOSE LAW TO CURB REAL ESTATE SHARKS - ,.. Keputable Dealers of California Will Unite in Asking Xext: Legislature to Pass Stringent BillPort- land Operators Mav Folio w- Bxainpl e. San Francisco, Nov. 21. Copies of a bill designed to keep "fakers' and' "sharks" out of the real estate business, which will be presented at the next ses sion of the legislature, are being sent' to all reputable j real .' estate dealers throughout California ' by " the State Realty ' fefleratton. Tha bill was pre pared by . DeWUt.H. Gray of Fresno, chairman of the legislative committee M. E.'.Church ; South; Union .Avenue and JMultnomah Street. - . and former president of the realty fed- eratlon. . " - The desired law . If naaaod iHll niv. It a misdemeanor for anyone to engage in business as a real estate agent with out 1 obtaining a- license In tha atata and without. filing a bond for not less than $5,000 for the benefit of persons with-whom --the agent may deal. . The measure la aimed to check the mushroom brokerage firms that spring up-when aaies and investments become brisk. ' It - will also protect the real es tate fraternity - fom unjust censure when a "curb", firm is exposed. ',. A" law a. containing practically the same provisions as' are incorporated -in the proposed California law has often been discussed by the reputable realty brokers . operating in Portland and in other Oregon cities, but chiefly because of a lack of concert of action, nothing has been done along that line.. No reputable business is more subject to injury by, the curb brokers, or as they are: sometimes antlv called, "flv- by-olghta." In times when there Is an. active demand for realty, real estat agencies spring up likei mushrooms, to the serious injury of the old-line, well established brokers, who mav with tha nusiness. wnerner they make one sale a month or a half a-dosen a dav. The organisation of the Portland Realty board during the past year will in all probability result in the framing of a statute and its presentation to the next legislature, which will correct many of the evils that now beset the profession - ANNIVERSARY OF IINNKA S0C1ET.Y The. twentieth anniversary of the founding of the Swedish society LInnea will be celebrated at Arion hall Satur day, November 28, with a musical and literary program in which some of the best of local talent will appear. The Columbia Singing club will also take part- The evening will be concluded with dancing. This is one of the strongest societies tn the citv. It Is a social and literary club for cultivating the Swedish langu age and for mutual improvement. An- drew Hanson is the -president. "It IsnVMe." :V From the Kansas City Star. The Ottawa Herald tells of a farmer who received a- ; telegram from New Mexico saying that his son had been killed and asking, what they should do with the body. The bereaved father sent word that the body should be sent to him. . Next day he received a dis patch from his son saying: "My corpse shipped to you, but it- isn't me. After eliminating the immigrant in crease to the population of New York city. It is growing annually 65,800 by natural accretion. MOST INTERESTING Kewa of Oriental Bngs We Xaye Erst Had to Print, i . During the last- few months.- Mr. George Atiyeh while in Constantinople luunu a conaiuon sucn as might nave been met in a border state durina tha tivn war. . . , The throne of the sultan fnttarad the well Informed knew that death or deposition of the sultan would main no lasting difference because the sultan Is the personification of tha Moham mad an church and with the saltan out nis successor would . be of that ilk. But everybody was not well informed and there was a feeling that it- were best -to turn effects into .money in case uir wuiai wxurrea. -, , The well Informed, not . nuiii frightened, were eauallv nrudant tha throne - wouldn't permanently fall , but In any emergency, even for a time, money was the ever present help. 80, while we- were gathering fine choice rugs for regular business, we obtained them at prices that will set the. town agog. ; .,. - it- . menrm of Atiyeh Bros , J94-Wash. narion eireei. is w-nii Known and has maintained a reputation for always car rying the finest collection ..of ruga in the whole northwest and alwava can sell them at the lowest possible prices that oriental rugs can -be aold. in tha American -continent. . But now they of fer - you a very rare opportttn(ty--tha should not be missed. by shoppers of - Reiemg is Bellrtn. wt-h Satin akin beat , rbapa. rnta,. cracks or aores, 25c.' One " pound of cork ' is sufficient A support a man of ordinary size In -the NEW CHRISTIAN BROTHERS' r COLLEGE A MOST MODERN EDUCATIONAL BUILDING s r-: j?;.- r.:y. a ,. ........ . ,. Christian Brotherg CoUege at Grand AVenueAEaat Sixth, .Cla'ckamaa; and -Munndniah'Streeta; sVnwab FJatg.. Sixteenth, Between Morrison andiYamhlU Street. ,'-!' Follow the crod to tha PorVlna nn for Thanksgiving dinner. Epeciai mus ical program:., ... v ..... ri-; , -. -; -rr ' x)'-1! ? . I- Eyes tested free ' at Metieersv,: Most , complete , in appointments and conveniencee is the- new -Christian Brothers college, which Is to be dedi cated by Archbishop Christie next Sun day afternoon. , Most Rev.. OTHea. bishop of Seattle, will, deliver the-address at the ceremonies, which will be held in Alumni halk on; the-third floor of the- new building. ; Undoubtedly 7 the hall will : be 'filled "to . overflowing, for the dedication of the new Blancbet Insti tute has. attracted widespread attention among the Catholic-population of Port land, and -vicinity.--- '- . Occupying a square block bounded by Grand- avenue, - East ' Sixth, 1 Clackamas and Multnomah- streets, the new insti tution -stands a monument and credit to the Christian Brothers and the Cath olics of . the city. The buildmgu a three-story -structure,--1 J JxSS f eet It is constructed of metal lath frame work, f laster -nebble dashed, making It prac I tally fireproof. The Interior Is divid ed, Into 131 -rooms,., including the base ment and . the -Alumni- hall, , which oc cupies - the third floor. . . ; . - : CoaTenient Arranfesaents. '"In the basement are found the kitchen, pantry,' .brothers' dining-room, a lunch room for the; students, where either hot -or c,old lunch- jnay" be procure, plsy hall, sOx'S feet, the heating plant, fitted np with the latest Ruurt hot water heating system and h- tanlm-'a nvn On the first floor is situated the' chapel for the use of the? brother This Is a beautiful little . oratory, about - 24xS0 feet and is tinted in a beautlfuf blend pf cream,, the,, color- growing lighter as It approaches the steel ceiling.,- . -Thj panel work of this room is djone la white oak. It was furnished as was Alumni hall, by the Alumni association of the college. On -this .floor also are to be found the office-, president's room,, the brothers' reading-room and study, . the large music room, a commercial room which is fitted up like a bank with sep arate windows for cashier." teller. ' etc niBiiuiiri - ruuiii aniu awme vi tim brothers' bedrooms, most of which, bow-ever,- are on -the second floor.- Thene bedrooms are ouite small, but when-lt Is pointed out that the brothers occudv them only during sleeping hours, "that 4 a. V. A A.SA ' . 1 M i..nl t v w w h 9-. au ih -tua.avpning- inn a.av In the morning,, larger rooms would be superfluous. The windows of all the classrooms -In-the buildings arefltted with ribbed glass, which not only Itenda to keen the student's ' attention on his book-s-JMit-aso: prevents -the sun from streaming in. , The - students' entrance to the buildinc: is on Clackamas street and at the head of the steps are found the stationery room and a large bulle tin board adjoining. A large and val uable oil: painting,, donated by Mr.-D. Kelly, Is hung In the- main hall at- the head: of the stairway. .-'-. ,.. :i , Sanitary . Tountain. . ' On; the ' third floor is 1 Alumni hall."! which' undoutrtedlycobtalns one of. thel pest, and , smoothest . dancing lloors , in furnishings and decoration. Pennants . and streamers of the institution hang from the high beams of the ceiUng. The stage is fitted up -with a full set of ; scenery- and a drop curtain, -both . the -work of a graduate of the Lewis scenic studio of Chicago, which Is ac counted one of the best In the country. Adjoining the -opening into the main hall is - the - ladles' parlor, a small balcony with-a seating capifclty of about 100. a cloakroom and toilet-rooms. Outside, - to the south of the main building, are the handball courts, in ?rocess of- erection. Each court is 60x 4 tha miiitlnn nice and-as vet the basement only is completed. , The structure will be .finished at a later date.' This addition alone .was ereeted at a costof about $1,000. - iv; - ; Cement Walks Around . Buiiaia. f 'Around the collere extend broad con crete 'walks, Grand avenue is now being paved past the building, which together with the facti that the. hew structure occupies a sita in the ' center or ..one of the city's prettiest residence districts. makes It a valuable architectural addi- " tlon to Portland's beauties. .. - Monday, November 80, the day after v the dedication, class work will be ba gunj at the- Christian Brothers' new home. The .president. Brother Andrew, assisted by- a competent -corps -,of - In- structors, will find in this new building . much better and more convenient facll- Ul for1, conducting tuition, which hag given Blanchet Institute a name in edu- cation circles. ' , . . - . , , ...-. '