6 ....
THE ' OREGON SUNDAY JOURNAli, PORTLAND, SUNDAY MORNING, . DECEMBER 6, 1908.
HEAVY SALES
SHOW BIG
DEMI
Uealty Market Now in More
"Active Condition Than for
'Many Jfonths Large and
Small Properties Are Pur
. chased at Good Prices.
ART IN HOME-MAKING SHOWN IN OLSEN HOUSE
M. Ol sen's now home -which appears In
today's . Journal. is pronounced by all
who have seen it one of the most artis
tically arranged and finely finished
houses in the city. $io expense , was
spared in carrying out the ideas of Mr.
and Mrs. Olsen, the ' designers. , The
downstairs part, including the floors, is
all finished in mahogany and quarter
sawed oak. The three pairs of massive
pillars In the drawing room, living room
and dining room, and the baluster are
polished- mahogany. -The beams in the
living room and dining1 room, and the
panel work are all the best quality of
eastern quarter sawed oak, a are also
the hall tree, hall seats, bookcases, side
boards, closets, woodbox, lifts and mir
ror, work, which are ail built In, giving
the house a rich, aristocratic appear
ance. ' . ." !
The beveled plate glass" windows and
doors also enrich the whole house, which
is rurnlshed with special furniture from
Grand Rapids. Carpets are eliminated,
Turkish rugs being used exclusively.
The upper story is finished In white ma
ple and white enameled spruce. Special
French ' windows of stained ; glass of
oeauiiTui aesign, ana : many other feat
tires, including a sleeping porch of
umo.ua design, make this resident much
aamirea oy ui iovers 01 artistio homes
' i-With one sale concluded Involving a
consideration of $75,000, several new
transactions in which the considerations
were, between $10,000 and $30,000 and
numerous deals of a smaller nature,
the realty market last week gave evi
dence of greater activity than for sev
eral .months.
i In addition to the actual sales that
Were negotiated, there were other lm
1 portant. happenings that had a strong
tendency toward buoying up the spirits
of brokers snd operators in the local
market. Among these was the letting
of construction contract by the Union
Meat company for the erection of over
" $8u,oe worth or new Duuamgs on me
site of the proposed packing plant on
the lower peninsula, the taking out of
permits for two office buildings ana
one gsrage, the three to cost nearly
$500,000, and the positive announce-
' went by officers of the Union Meat
' company that a sawmill with a daily
capacity of 1S0.O00 feet of lumber will
be built adjoining the stto of the penln-
. tula packing pjant
i; V' Harks Is Ramming.
' Brokers we-rte kept unusually' busy
throughout the week showing proper
ties and many of them are confident
of ample returns from their efforts.
That the conditions are better and
are constantly Improving Is undeniable,
but the market Is by no means as
active as it was two years ago, al
though' Infinitely better than it was
one year ago.
. Following a dearth of what may be
describe! as big business, ! extending
over a period of several months, during
which time the, traffic In outside prop
erty has actually increased, transactions
running into large figures are again
becoming fairly frequent.
Buyers, both for speculation and in
vestment, have taken on an active
rather than a passive Interest In the
situation, and while it Is yet somewhat
difficult to meet their demands, the
fact that money Is becoming easier, if
not actually plentiful, will result in an
increased activity in realty buying as
well as in all other lines.
Three Classes of Buyers. - . j
A well, known writer on subjects
pertaining to market, conditions in real
estate has the following to siy hjt-'way"
of criticism of buyers of real estate:
"Three classes of buyers are always
more or less in evidence In all markets.
Those who scout theory and follow
the crowd as sheep follow their lead
ers, having no knowledge but that cov
ering present and past values: those
who are long on the theory of ultimate
development with but limited facts
upon which to base their conclusions;
those who have a good knowledge of
the theoretical elements back of the
development of value, tho method of
its construction, and the necessary pert
inent basic facts upon which all
growth is founded."'
This classification may have aptly
descrUied Portland real estate operat
ors at. one- time In the history of the
city, but certainly, there are none here
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.'4;iS',.,i.i-'''.;''.-. ... f ,"wi-.i; . '
f ' ' $ j ' ? '
t ' Jj j PI f " t i ! , j ;
$ ',','-'.''' f 'v - 1 tw '
l -x, ' '"'"' w ,tt Ml
,'yv"-w . -, in ii urn iirwiiMiminr J
ssssSt
Drulng Room In Olsen Home.
now save those who belong to the third
classification.
rifth Street Lot Sold.
The most important transaction of
last week was the sale by Russell &
Blyth of a 60 foot lot on Fifth street.
one lot south of Ankeny, for $75,000.
This property, was purchased by a syn
dicate of wealthy lumbermen, but title
was taken by Jacob H. Cook, one of
the purchasers, who will act as trustee
for the syndicate. Russell & Blvtli
purchased this lot five years ago for
$15,000. and were told at the time that
they were paying too much , for the
site.
Donald Mackay purchased last week
through the agency of Wakefield, Frle?
Co. two fractional lots on the west
side of Second street, between Yamhill
and Taylor. The larger of the pieces
is a 26x85 foot lot, which formerly be
longed to tho -estate of 'Arthur Daven
port, and for which Mr. Mackny paid
$17,000. and the other has a frontage
of 18 2-3 feet and was sold ly K. Dalton
and Mrs. Dowllng for $11,600.
John' McKinney. a business man
from Woodburn, Or., has purchased
from C. Aerne, a two story concrete
snd corrugated iron garage on the east
side of Chapman street, between Yam
hill and Taylor. The lot is 43x100 feet
and was sold for $10,500, E. J. Daly
negotiated the sale.
Is. B. Menefee has purchased from
H. G. Sahlatrom a 60 foot lot on the
northwest corner of Sixth and Hoyt
streets for $30,000.
Heights and Acreage Deals.
Ii. H. Max-well has closed a deal with
.Tames W. Cook for the sale of an Ir
regularly shaped lot on Terrace road,
Portland heights, for $12,000.
'The largest deal In acreage reported
for several weeks was that of HO acres
tn the Stephen Roberts donation land
claim, which was purchased by A. C.
Ruby from Theodore Nlcolal for $21,
650. K. B. Rice, who has built a large
number of handsome homes in Holla
day park and vicinity, has Just con
cluded the ssle .of a large two story
dwelling on Clackamas street, between
Kast Seventeenth and East Nineteenth
streets. The property was purchased
oy i . u. innas ror ,uuu.
Ellis G. Hughes has sold to Charles
G Keers four lots facing east on East
Eighteenth street, between Thompson
and Brazee streets: consideration. $5700.
Morris B. Wells has sold his hand
some home on East Twenty-first street,
between Hancock and Tillamook streets,
to J. C. Brac.her for $6760. Mr. Wells
has tskeji up his residence, at New
port. Or., where he will hereafter-, be
associated with .lohri Fleming Wilson
in the conduct of a weekly newspaper.
Smaller Deals negotiated.
Peter Loratl has purchased from
John A. Patterson a fractional lot on
East First street between Weidler and
Halsey streets for $5,000.
C. W. Boost has sold to Vincenso
Cornello a half block fronting Taggart
street, between East Seventeenth and
Eust Eighteenth streets, for $6200.
Samuel OSborne has sold to Mabel
V. Roberts a quarter block on the
northwest corner of Mississippi avenue
and Fremont street. The property is
Improved and was sold for $6000.
- Charles O. Brown has purchased
from the Overlook Land company a
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" - iiiiirniiiMif- miLilJmW i eassMSBtji. ,r m.dt .
am FACTORY
IS TO EXPAIID
Local Company Will Build
. Second Plant and Greatly
Increase Its Output.
Chair manufacturing. Including all
grades from the ordinary cheap house
chair to the very finest turned oak. ma
hogany and other hardwood creations, Is
taking nign ran in the constantly
frrowing list of Portland's manufactuN
ng Industries. The Oregon Chair com
pany's plant . Jnv South Portland has
J rrown rrom a. very small beginning,
ess than two years ago. to where It
now has a paid up capital of $100,000.
has an annual output of over 1 100.-
000, employs about 40 men and has a
montniy payroll or X300Q. !
ins past week this company took out
building permit for the erection of a
second factory building adjoining the
rirst. wnicn. wnen completed, win mean
tne aouDiing or its annual output.
- A. J. Klii5-slcy. president and gen
eral manager or the company, leaves
mis weeK lor the eastern manufac
turing centers for the purpose of buying
machinery for the new factory. While
in the east Mr. Kingslev will Investigate
the latest styles in chair and will make
a special study of recent methods of
treating hardwoods, with a view to
keping his Portland plant up to the
standard of tho very best eastern fac
tories. . '
A. J. Klngsley, president and "'gen
two years ago for the purpose of estab
lishing his chair "factory, he met with
little or no encouragement. In fact he
was advised not to attempt the venture,
was told that the field of operations
PEW SEES
BRIGHT FUTURE
Will'Be Bailroad Center as
v Well as Packing-Plant's
Location,
The letting of the contracts for, the
construction of Ave immense brick and
reenforced concrete buildings,' six sto
ries nign, oy tne union Meat cpmpany
near the stockyards on the-lower penin
sula, has produced new life and energy
in every enterprise, from Album to Bt,
Tn fact, the people of Portland i every
where are only beginning to comprehend
the magnitude of the advantages to
Portland of the new packing plant now
rising on the peninsula. Five hundred
thousand dollars In buildings for meat
packing purposes seems large, yet , It
win awmaie to almost insignificance
when compared with the '.magnitude of
tne ou8iness that will be transacted an
nually by the stockyards and packing
houses when In active operation. '. The
bank clearances of Omaha run from
$10,000,000 to $12,000,000 weekly and
fully one half of the amount comes
through tho packing interests.
The bank clearances of Portland will
be increased by a half million dollars
daily ' within a year after the packing
business gets under full headway. This
money will continue to circulate be
tween the stock ranges and meat nro-
auomg farms and the packing centers,
a. consiaerapie portion oi mil money
win do paia ror laDor.
The lower 'peninsula ' is now on the
tiptoe of 'CiDeetancv over the nrosnect
of early renewal of the construction
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If you are a w(se young man or a
wise young woman or a wise mar
ried man you will mate provis
ion for the future and invest your
money in a piece of Oregon land.
MEIZGEK
ACM
TOMS
Home of M. Olsen,. East First, and Multnomah.
Residences of . Gerstal and J. Greeny, Twenty-third and Hawttrorne.
1 ;jtV.
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1 : sjy. LMr
4 limr
ItV.tS iasllf
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house and lot in Overlook, for $5000;
John Albert Wilson has purchased
from Fred N. Belcher a lot on Nortli
rup street, between Twenty-fifth and
iicmy-dum streets, ror 4&u.
M. .1. Smith a house and quarter block
In City View park; consideration. $3700.
Robert B. Beat has sold to John
Beneke a house and lot on Tflrhv
mien, upiween nnaver and Mason
streets, for $3600.
Franclsca Jae?er haa nnlrl t T.ann,
J. Wardner a quarter block on Wasco
street, between Twenty-fourth and
Twenty-fifth streets, for $3556.
LUMBER OUTPUT AT
HIGHEST POINT
(Special Dispatch to The Journal.)
Washington. Dec. 6, That the top
notch of production of lumber In the
United States was reached during last
year and that from now on the annual
production will either remain the same
as last year or show a decrease, is the
startling announcement made by Over
ton W. Price, associate forester In the
Lnited State's forest service. He also
says the annual cut of timber last year
would cover a piece of land 1000 acres
In area and would make a pile as high
as the Washington monument.
"It has been estimated." said Mr.
rnce, inai our industries subsist
ing wholly or mainly upon wood pay
the wages of more than one and a half
millions of persons; that the original
forests covered one-half of the United
States and existing forests cover one
fourth; that only one-fifth of all our
standing timber is publicly owned, anil
that only 70 per cent of our public for
ests and less than 1 per cent of our pri
vate forests are conserved.
"The average growth in all our for
ests Is about 12 cubic feet per acre, or
a total of 7.000.000,000 cubic feet. But
we take from the forests 23.000.000,000
cubic feet each year, or over three times
what the forests produce."
CARIBOU SCARCE IN
YUKON TERRITORY
Oregon Chair Company' Factory and' Foundation for Neir Buildings
(Special Dispatch to The Journal.)
Seattle, Wash., Dec. 6. Caribou are
very scarce In the section east of Daw
son this year. Hunters who have re
turned to the Yukon city from up the
Klondike report no caribou. They have
been up 76 miles. In former years
they have found many caribou after
going that far.
A number of Moosehides left Dawson
over the first lee for the Sixty-mile for
caribou, and may be coming In with
some soon. After getting Into the
Sixty-mile eountry, one does not have to
travel rar northward to cross the Inter
national boundary into Alaska. la that
country It is not permissible to
kill caribou or moose for sale, not even
for sale to prospectors or miners. One
may kill for one's own use.
Last year two Dawson prospectors,
while returning from Ketchurastock
killed a few of the caribou and sold
them to miners on the Forty-mile. They
were arrested, taken before Judge
Brady at Wlckersham and heavily fined.
Pracrant floral blooms, nlant-nllk. veritable
essence! compose Satia akin cream.
National Apple Show Spo
kane.
The National Apple show to be held
at Sookane. December 7 to 12. inclusive.
will be an event of world wide Imporl-
nMil Manhln. M,,ta V
The O. H. ' N. win sell special low
rate excursion tickets for this occasion.
The round trip from Portland being
114.95. Sale dates. 6th. 7th and Jlth:
limit December 15.
Tickets at O. R. As N. city ticket of-i
flee, corner Third and .Washington
streets. '., . . V ' . 1 . '
Dry rir Oordwood. .
Sawed, or four-foot length. " Main 15,
A-1615. Oregon Fuel company. .
; Metiger fits your ayes for IV
here was pretty well covered and that it
would be difficult to secure the neces
sary skilled labor for such an enter
prise. However, he was determined to
esiaDiisn a cnalr ractory, and in spito
of the discouraging advice he received
ana in lace or big odds, built a small
filant and commenced operations with
ess than 20 men. The plant had just
fot fairly under way when the October.
907, panic struck the country. In spite
of this heavy handicap, the company
has made steady and substantial prog
ress and now employs about 60 men and
has a daily output of 250 chairs. Upon
the completion of the new factory now
under way, this daily capacity will be
increased to 800 chairs.
The whole plant is equipped with the
most up-to-date machinery known to
chair manufacturers, and there is no
concern in the country better equipped
for turning out a high grade nroduct.
tn fact It is one of the few concerns
west or tne Mississippi river making
high grade dining room and bedroom
chairs and rockers. The new factory
will be equipped with a line of ma
chines for a turned line of rockers, din
ing room and kitchen chairs.
The material used is nrinclDallv Janan
oak. local hardwoods such as ash and
maple, and eastern oak. Motor power
is employed exclusively in driving the
machinery, each machine or set of ma
chines having its own motor.
The output of the Oregon Chair com
pany Is rapidly being introduced Into all
the countries bordering the Pacific
ocean. A considerable market has been
opened up In Alaska and the Hawaiian
islands. The company also ships chairs
to California and British Columbia, and
is preparing to introduce its product
work on the Oregon & Washington rail
road, which will be built between Port
land and the sound to accommodate the
business of the Union Pacific, the Smith
ern Pacific, the O. R. & N. and the Chl
cao, Milwaukee & St Paul. Bids have
been received from contractors for the
construction work and the bids for the
roms lunnci nave Deen opened, but
the contract has not been awarded. This
new road to Puget sound will center
imir transcontinental lines on the penin
sula, where they will enter the tunnel
under the peninsula at McKenna Junc
tion.
The completion of this link between
Portland and Puget sound win nab.
the lower peninsula the greatest rall-
inu LTumr on me coast. Within a
nun nniH will oe tne Knnkane Vnrttnn
& Seattle, the Northern Pacific, the
Great Northern, the Oregon & Washing
ton, the Union Pacific, the Southern Pa
cific, the Oregon Railroad & Naviga
tion company, besides the traffic ar
rangement. Which Permits the entrant
oi ine i nicaji), Burlington & Qulncv
' j i i .uu a m i.iu, miu i no untcago,
uijinaunce OE Ol, rail!, j
into certain portions of tho orient.
The Importance of such induatrlea tn
Portland is better 'understood when it
is Known that this company alone has
brought 25 skilled workmen from the
east , during the present year. These
men with their families are desirable
additions to Portland s population.
More than 1.000 persons are emDloved
in the manufacture of artificial pearls
tn the. Gulf of Lower Calfornta, by a
company working under a concession
from the Mexican government.
Oak
1H) TL
1l ffiLiriiS.
One, Five and Ten-Acre Tracts'
FOR SALE IN
OAK PARK
$175.00 Per Acre
Land is all cleared and under a high state of
cultivation.
On the electric car line and only forty minutes'
ride from Portland.
This land will grow grain, fruit, alfalfa, vege
tables and berries.
The best and cheapest acre tracts on the market. ,
Moore InvcstmentCo.
LAFAYETTE BLDG., SIXTH and WASH. STS.
'; , Both Phones . .
Arc situated on the-Oregon Elec
tric line, on the west side of the
Willamette, only 30 minutes from
the station at the comer of Jeffer
son and Front streets. This road
gives a frequent service so that
it is mote convenient to live at
Metzger station than it is in many
city additions where single CO
foot lots cost more than an acre
of fertile land in our tract If you
consider the location, the choice
land and the choice location , of
our tracts you will realize how
cheap these tracts are at
$200 UP
PER
ACRE
And you will own one or more
before next Sunday. This land is
unequaled in Oregon for the pro
duction of fruit, vegetables, and
particularly for cherries and wal
nuts. which pay well. We have
hundreds' of acres to choose from
and can show acre tracts to suit
all conditions of men and suitable
or the cultivation of any products
that grow in Oregon. You can
work in the city and reach your
country home or reach the city
from Metzger in a
THIRTY
MINUTES'
RIDE
There are no impediments to traf
fic and you know just when you
will reach your destination, as
all trains start and stop on sched
ule time the same as a standard
railway train. Land along the
Salem line will be held at a pre
mium within a year; then you will
either be sorry for not securing a
piece or happy for having. secured
an acre or two within easy reach1
along the
OREGON
ELECTRIC
LINE
We have agents on our property
at Metzger Station every day, in
cluding Sunday, and we advise a
visit to the tract today. Explain
what kind of land you wish
cleared, partly cleared or all tim
ber and our agents will show
you something that will please
you and fit your means. Remem
ber, you can get easy terms on
these tracts.
OWNER
Call at our office, 226-228 Front
street, for printed plats and other
information, or at our Metzger
office at the station. , Our city Of
fice phones are Main 474 and
A-1374, and our, Metzger office
phone is Main 6409. .