18 ,
THE OREGON. DAILY , JOURNAL PORTLAND. FRIDAY, EVENING, FEBRUARY 26, 1909.
LAND VALUES RISING IAI
ALL PARTS OF PORTLAND
No-more Interesting fact was devel
oped In the late heavy dealing in prop-
- erty in the North Portland terminal and
warehouse district than the difference
' between the assessed valuation ana
the price asked by the owners.
This condition obtains nearly all over
'the city and la said to be due .largely
to the general Increase in the value of
real estate. . The only district In which
there is no very great difference be
tween the assessed valuations and the
prices asked by, owners is the central
retail anu a jwrwvn ul wio wnuicaio
sections. Outside of this small area
most; city property is assessed -at not
'more' than 60 per cent of its selling
value, wniie in many ihhihomb h is
not more than 4ft per cent, and cases
. were actually found where the property
is held and frequently sold for five
times its assessed value.'
. Contrast la Prices,
The most startling contrast between
trie assessed and asking values is to
be seen in the property on the slopes
of Mount Tabor, where the city water
board la seeking tO' acquire a site for
a higii pressure reservoir.
Lots 9 and Hosford tract. Mount
Tabor, are assessed at J20S5 and were
recently offered to the water bpard for
$12,600. . '
Lots 1 to 8 In the same tract are on
the book of Assessor Slgler at $2760, but
. it is understood that the owner de
mands five times, that sum from tn
water board. .
Ijnt 9 in this tract Js assessed at
$1870, but $9000 Is the very least the
water board can acquire It for. .
Lots 6 and 7, Hosford tract will prob
ably cost the water board $1,000, but
are assessed for only $$130. ,
Xn Warehouse District.
In the warehouse district and In the
vicinity of the North Portland terrai
: tiala the difference is not so great, but
at that, the disparity, between the as
sessed value and the selling value Is
larn nnuch to excite comment.
v The northwest quarter block at Fif
teenth and Pettygrove streets which
. recently sold for $26,000 is assessed at
$12,200, or less than half the selling
value. But a greater difference than
1 that occurs In the block bounded by
Kearney, Johnson, Twelfth and Thir
teenth streets, which was recently sold
for $170,000, and Is. assessed at $56,400
' and the improvements at $6200. In
this case the actual selling value of the
land is nearly three times the assessed
value. But this is sn unusual case, and
probably is not duplicated In the prop
erty in that high priced district
, The quarter block on the northeast
corner of Fifteenth and Irving recently
sold for $27,600, but it is given a value
on the assessor's books of but $16,600.
At Thirteenth and Kearney streets, the
two corner lots brought at a recent sale
$50,000, and are assesser at $16,300, and
the improvements at $16,800.
t" Tar Above Assessed Talus. -'..-'vV'"
At the southeast corner of Thirteenth
and Northrup a quarter block was sold
within the past month for $40,000, and
is assessed for $13,660 with the Im
provements at $10,250. , - V
The quarter block at the northeast
corner of-.LoveJoy and Thirteenth
streets, part of the Craig purchase, was
sold for $45,000: it Is assessed at $15,
000 and $8800 for Improvements. This
is pretty nearly two for one of the
assessed value.
The southeast quarter block. Four
teenth and Glanders, assessed tor JU
000. sold recently for $26,000.
Two lots at the southwest corner o
Seventeenth and Irving sold recently
for $25,000. They are asesed. at. $9100
and improvements at
In the east side warehouse district
the same difference between the as.
sessed value and the actual sale price
an evidenced by recent sales, is notea.
the property everywhere selling for
about double the assessed value.
A quarter block on the northeast cor
ner of East Stark and East First was
sold last week for $16,000.- An exam
Inatlon of the assessor's books shows
that this property is assessed at $8200,
On the Xat Side.
Two sales on East Morrison street
negotiated in the past 20 days, bring
to lleiit the same condition or airairs.
In one Instance a quarter block was
com for S1Z.O0O. and assessed at I5Z00.
and a lot near Union avenue on this
street was sold, for $17,000, and as
sessed at S7300. In the cheaper rest
dence sections, the difference is not so
great, but in no. instance wa the as
sessed value as large as the- reported
sale price; this, however, does not hold
good in the high priced residenoe sec
tions, where almost without exception
property recently sola Drought from
two to tnree times ine aasessea valua
tion.
"There are many condition to ' be
considered In arriving at the assessable
value of property." said County Asses
sor B. D. Slgler, In discussing the sub
ject, "and this office has made it a
point to fife each one its proper weight
I .1 1 1 ,1 I
Ill ausaessiilK liu inv uruuvi ijr iu juuu
nomab county. The law requires that
all real estate in Oregon shall be as
sessed for what It win bring in cash
at a voluntary saie.-
it is not always possible to ascertain
what property" in a given-district will
sell for at a voluntary sale. In that
event we have to estimate its value
from its Income, If Improved, or If un
improved, what It would yield If proper
ly improvea. . Nearness to transporta
tion facilities Is another Important con
sideration In determining the assessable
value of property. -
"In the North Portland terminal and
warehouse district property having
railway frontage is assessed much
higher than that a block or two further
west and outside the warehouse district.
AH the property in the North Portland
district however, was assessed last
March for a great deal less than much
of It has recently sold for. The reason
for this wide difference is the fact that
an - Immense increase in values has
taken place there In the past 12 months.
"A comparison of the present selling
value of Portland ' property and the
assessed value of one year ago 1 not
just, tor tne reason mat a very general
rise In value has taken place In the
past year' . ,
Only Oae "BHOKO Orarnr"
That If LAXATIVE! BROMO QUININR. Loo
for the alf nature of B. W. Grave. Cud tha
worm ow to core a uoia in one Day. Be,
INDIGESTION AND DISTRESS FROM
YOUR DISORDERED STOMACH GOES
Hundreds of Journal Kead
ers Are Suffering; Unnec
essarily From Stomach
Trouble. ;
You haven't Catarrh of the Stomach,
or Nervousness, or Gastritis, or Cancer,
etc. Prove this, by .taking Pape's
Dfapepsin after- your very next meal.
Convince yourself within five minutes
that your actual disease was sour,
aclil Stomach Food fermentation that
every bite you ate turned to Stomach
gas, - Stomach poison and Acid, which
make you feel sick and miserable, pro
ducing such symptoms as pain in the
pit ef the stomach. Difficulty in breath
ing ufttr a meal. Headaches, Belching,
Heartburn, Nauseous, breath, Water
brash. Biliousness, Sour risings. Gas on
fctomach -nd many-other bad feelings.
Indigestion is a result, not a cause.
w wus uubiii. . 11 kiie .otomaca . iu
sour, -your food becomes tainted, and
" wiij yvu uiv Lucof eioxnacu dis
order. ..
Aak our pharmacist to show yon a
esse of Pape'a Diapepsin, which costs
nnlv KA dh a. T3 .... A . L. . 11.1. -MM . 1
' " t amu wiisi III I CIIKUVI
Stomach and digestive treatment con
talna, and how absolutely . harmless it
m 1 1 , TKa Kam. 1a.. m . il . a. .
1 vw uvd, iur 11 1 oiumacu
what the washing and sun bath do for
the .churn; absolutely removes every
corrupting or tainting element and will
digest all the food you can eat .--..
Go to your druggist and get some
DIapepatn now, then eat anything you
want at your next meal, and you will
not MUffer from TnrilafrlAM M. DA.Ak
trouble. Each bite of food will taste
good, and, besides, you will not need
and Stomach clean and fresh.
Now and forever rid yourself of tha
misery of Indigestion . and Stomach
iruuoie. jnaaa your meals a pleasure
by e-olng to , the table with a healthy
appetite. ,
I'fiilES "FIIIIS"
Oil LE6ISLATJ0H
"'"--'" ?yri . .,.-.1.... ;;;
Governor lias Vetoed 53
Bills, Last Being County
Division Measure.
(Br Journal Laaaed Salem V71ra.t
Salem. Or.. Feb. 2fi. All the lea-isla-
tion of the twenty-fifth legislature has
now peen tnrougn tne governors nanas.
In all, he has vetoed 63 bills, 17 before
the session adjourned and the remainder
inis ween. . .
Because the reaulrement of Senator
Bingham's oounty division bill were too
drastic and practically precluded - the
possiDiuty ox creating any new coun
ties, Governor Chamberlain stamped his
disapproval on the bill and returned it
to the senate. The bill Is the result of
the attemDt to create the countv of n-
smlth. ,-.
Nesmlth county, or the district from
which Nesmlth county was to be cre
ated, had no representation in the leg
islature, and not satisfied with effectu
ally killing the county creation bill, the
legislature attempted Dy tne passage or
thU bill to forestall anv future at
tempts to create Nesmlth county, either
by the Initiative method or by future
petition to the legislature. Regarding
the measure the governor says:
The orovision or the bin are so
drastic that if It should become a law
It would be impossible to create any
new oounty under - the term and pro
vision thereof, particularly lit a state
where such a large area thereof is in
cluded within forest Indian and -other
reservations.
'section 1 tit the act In ouestion tiro.
vide that when a petition is filed to
form a new county, if it appears that
such new county ha an assessed val
uation qf at least $2,600,000 and that 75
per cent of the land proposed to be
nciuaea in saia new county snail be
outside of any forest reserves, mili
tary, Indian or other reservations, and
if it shall appear than 1,76 per cent of
the land remaining In the original coun
ty or counties after the formation of
such new county shall be outside of any
forest reserve, military, Indian or other
reservations. It shall be the duty of
the countv court to submit the Question
of tne formation of the new county to
a vote of the people.
"I question Very much If any county
In the state, particularly those border
ing along the east andf west sides of
the Coast and Cascade mountain ran rex
could ever be divided if this bill becomes
a law. Many or tne counties are too
large now and reasonable opportunity
should be aiven the neonle to form new
counties wherever this is necessary and
It is better than the law remain as it
Is than that it be made Impossible where
necessary to form new counties out of
on or more of those already created."
JURYEXOIIERATES
I
EDPfffHCfPA
I
I'Esroii siuoEiir
BOOK'S APPEAL
Soliciting Popular Support
for School Until Leg
islature Can Act.
(Br Jmirnl TjemaeA Salem TOIre.t
to keen the Weston Normal school open
during the next two years, or until such
time as the legislature or the people of
oreerm mini Drovision ior tne scnooi
Is evidenced by the following- resolutions
adonted bv the student bod V of the in
stitution and forwarded yesterday to the
secretary - or tne ' Doara oi regent at
Salem: ., ' .
"Since the Oregon state . legislature
has not appropriated money for the
maintenance of our school during the
next two years; tnererore, te it
"Resolved, that we. the student body
of the eastern Oregon ; state normal
school, stand loyally by our school and
its faculty, and do atDeal to the peo
ple oi tne state oi uregon ror tneir as
slstance until the legislature shall ac
proprlate funds for our further mante
nance; and be It furthermore
"Resolved, that we. -of the student
body, ask the alumni and friends of the
school to do all in their power to in
fluence public opinion for legislation In
xavor oi tne normal schools.
(Signed) , "XSIjEN LESLIE
"CBCIti BOYD
' '"ROYAL F. NILES
; "Z. MAY MEIGHKN
1 "IRA STAQGS
"ADA ELY
"FRED M. HUFFMAN
'committee.''
Conies Ttt the resolution r in Yi
forwarded to the papers In all those
counties represented in the student body
of the Weston school. Tb.e number In
cludes counties or ootn western and
eastern Oregon, as follows: Baker, Gil
liam, Harney. Morrow, Sherman, Wasco.
Crook, Douglas, Malheur, Polk, Union,
vYmiuwa, (jiacmmas, urani, j&aarion, i ll'
lamook and Umatilla, ...
FISCAL AGENCY
BILL VETOED
For Season That No Secur
ity for Deposits Is Ex
acted Other Vetoes, t
J. B. Clarke of Scotts Mills
Found Not Guilty of
Cruelty Charge,
received at Salem that J. B. Clarke, the
principal oz tne ecotts Mill schoolB,
who wa driven out of town bv irate
parents, . acting In sympathy with a
mother Whose child, he had nuntnhari
wa fully exonerated bv a lurv In tha
Justice court at Sllverton.
xne jury was out nut rive minutes,
physician. Dr. Brooks, testified that
there was no evidence of the bov havinr
received any severe Injury on account of
the punishment.
GOVERNOR ASKED
TO RECALL VETO
Salem. Or.. Feb. 2. Governor Cham
berlain yesterday received from the
print! lng trades council of Portland a
protest against the action of the gov
ernor In vetoing the bill requiring that
deeds and mortgages should be recorded
In well bound sewed booka The coun
cil ask the governor to reconsider the
action ana recall tne veto.
Such action would not be possible even
If the governor were so disposed. I
(By Journal Leased Salem Win. I
Salem. Or- Feb. 28. A bill IntrnriucaA
by Senator Albee of Multnomah county
providing for the establishment of a
fiscal agency for the state? of Oregon
in niw iok was vetoed Dy the gow.
ernor yesterday on the ground that no
assurance against the failure of the
ageiicy was required by the act. The
f overnor regards it as a one sided and
mproper enactment and returns the bill
to the-senate with the following mes
sage: w '.
'The bill leaven no discretion what
soever with any of the counties, towns,
school districts or other municipalities
in the matter, but requires them to re
mit to the fiscal agency, at least 15
days before the maturity of any bonds
or coupons payable In New Tork city,
sufficient funds for the redemption of
such bond or coupons. There is noth
ing in the act which requires the fiscal
agent to put up any security to the
state of Oregon for moneys which might
be remitted to it to meet the obllga-
nuns oi in municipalities or Oregon.
It follows, therefore, that If a bank
aotlng as the fiscal ageiicy happened to
fall with large sums of money belong
ing to the different municipalities in
this state, these munlcipaliUs would
have no recourse against such fiscal
agency, and the treasurers of such mu
nicipalities would not be liable on their
bonds, because-the law compel them to
remit funds to this fiscal agency. '
"There would vbe no particular objec
tion to such a bill if . tne fiscal agency
were required to secure the state against
the loss of money deposited with it to
meet, the current obligation of the
state or It legal subdivisions. No act
ought to be permitted to become a law
which does - not protect the' people,
against the defalcations of officers on
thedeposit of publlq funds." .
A salary bill increasing the compen
sation of deputy, district attorneys in
Lane, Benton and Lincoln counties, dur
ing the term for which they were ap
pointed, was also vetoed. The measure
was introduoed in the house by the
Lane county delegation. ,: " -
House bill -No.-8, Introduced by Representative-
McCue' of Clatsop county,
Is returned to the house by the gov
ernor far the reason that It is without
an enacting clause. ' '' ;
Eoses arm when : ,
' auto lamp explodes
' " i ' " ' ' 1 ' V - -
"(United Press Leased Wm.) ' :
Berkeley, Cat, Feb. 38. Walter Sher
idan's left arm was torn off yesterday
through the explosion of a lamp of his
automobile. 8herldan Is 24 years old,
and a son of Chief Wharfinger Sheri
dan. 'He had chsrg-ed an acetylene gas
tank for his automobile in the rear of
his home, 1510 Harmon street. When
he attempted to- light the lamp to try
mo sue mere wtt an exuioaion mat
t-.At .fnInn.M I . V. J I. 1. 1
ana reoucea tna arm wmcn neia ma
match to a mangled mass of splintered
bona and torn flesh. The arm was am-
f utated at the shoulder. Though badly
njured, on the way to the hospital
Sheridan joked with friends about the
accident ' and laughed at bis - own In
Jury. . The windows of a bir store nearly
a block from the Sheridan home were
so . badly shattered that the feathered
Jiets on sale were released and flew out
n a flock. .
Men's
Spring
.1 . . - j-x a ..-
m:
lit . f -' 4
That Look as wellFit as well
and Wear as wellai the highest
priced clothes in town are only
1
mm
At this store of GOOD VALUES
Mix for Lame Back
To one-half pint good whiskey, add
one ounce syrup saraaparllla and one
ounce , Tori compound,, which can be
procured from any druggist. Take In
teaspoonf ul doses before each meal and
before retiring. This recipe is never
failing. Leading specialists prescribe It,
Not only will thi formula promptly
relieve the muscular pains but it also
makes one of the most effective system
builders, known to the profession. It
will Increase the appetite and If use is
continued will restore, full physical
vigor to all persons of falling strength,
especially the decline caused by age..
It Is surely worth trying by anyone
who may be afflicted.
WHEN YOU SEE IT IN OUR AD IT'S SO
MOfll
Third and Oak
First and Yamhill
mm
m Ym Co
j - -
In Our Ladies'
j. ' ' L "' 1 1 aiaai ii m , ( , , MM
Department
Wc make a specialty of
large and small sizes, and
sell for cash or on credit
Visit our Suit and Cloak
Department before you buy.
We can save you money.
See our. new Panamas and Serges, in blue, black, pray,
rose and green ; also Novelty Suitings in all leading shades,
stripes and mixtures.
We have all the latest weaves and shadessuch' as wis
tariamulberry, catawba, reseda, castor, modes, taupes.
:Newest Styles at Little Cost
They are dependable styles, tpo, arid our prices are always
A LITTLE LOWER than those made by the EXCLU
SIVE DEALERS. It means money saved to buy of Ge-,
vurtz, as you will find upon investigation and comparison .
of materials. ' t , . ,
, You are welcome to credit, and to
pay as little as , ,
We Make It Easy for You
to Dress Well
Our credit system is the most liberal o f any in the city.,, No hard conditions to '
meet no disagreeable features just a plain personal : credit propo-"
sition. Make us a small cash deposit, take the Suit or Overcoat, and then
Pay Us a Dollar a Week.
Week)
M'clWQQk
See Those Hew Spring
Styles and Veights in
MeBs Suits
Just received and shown thisweek
: for the. first time-7-new; shades of
, green and blue and black serges.
;Nb better styles are shown in the
city, and our, prices are a little lower '
'than those made by exclusive deal-.
ers. ' ' - - '. ' !. '
T7T
first' and Y8iRhi!l. GpOVO Second a.-:d Yarr.hi!
u
Your
Credit Is