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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Jan. 23, 1910)
THE OREGON ' SUNDAY JOURNAL, PORTLAND. SUNDAY 'MORNING,- JANUARY '23, 1910. HAflDS IN REALTY -! , : .. vvSrH- f - deals in H-iv',igW Vtp,: ( Demand for Residence Sites ll;;i;; .nr . .x, KM ' I" .' ' ana uose-in Acreage cx- rXK i . '--fZi X ij J ! xee That of Any Week for II , MX hfiSjil . . T, w L- I- 1 I i Whatever discouragement wan ren y H , j H 'VeT)Zr. ' " - " " - ;U ViI I realty operator. b.W of the compar- . I H , ( . -4-TXTr- 'U-- l----i-4- 4 ' C A' ' ' . '1 I tlr quiet In the local market during 10 ( . -AtTT - " lT -- IdUrt'T ' II i th. first two week, of this month wa- I ' Wp, "-: C-L. i t Wll-J i If f rroord of tha week J.nt closed. Con- TTT7: , -v wjTV f -" : z:- i" ' I. i M f D- ' ?V j aldorably more than $500.(W0 rhanm-4 'V' V "-"1 ' U' i' I S '7 JT I 1 M ' - fj j I ! lsi ' A I U " ' 1 1 lianda ai a re.ult of aalea of bualnen ; ,V; f l-L H I Wr t' 4 J fl "i ' i! .1 1 M ' L . ' - Itea alona durlna the week, wnlie me II ,''.. I I; '.mm J !" I : ' f J f i Jl ! F I 'i f f :.'.?ir J 1 I ill I I . il 3 ::': I I V- .'il T mi mi ii ii. r ii - r- ii mi li hit . . , ,...' m"" '" ' V"'"i mi ' hi ii I i in Hi ii mi i HO1! I ii li i 1 1 tr'M If if immv I i II '! 'i nrrpt ! , , . ." t ' i iin i ininriiri t innnirnT nrinw ULUU I 1.11 LI Ul I I U contRlnlna Hi norm, fur which he paid II1L.II f I II I I 1 1 1 L.I 1 I II IIUJLU I llhflll iinT iirnr urT rnnTiir niiinirT n il UL ML VL I Lllll IUL 11(1 II I J 11 L. I mm m m m m a mm mm m ma i mmt mm mm m m m m mm m rm w ia n w m rUftiLULRJLr,B I1UI IILIVL ILI I Uli IIILIIInllLI int in iri i i ninn IIIHIM Hrl IT h IT : PULLMAN COBUYS FIB CAR MATERIAL Trade Bulletin Reports Sale of 16,000,000 Feet by Manu-" facturers' Association. MA Ml 1 Ml demand for realdence altea and rloa 1n arraace exeaeded that of any week for a number of montha. j . lbrkat' Toaa Haalthy. ! T'le feature of the we.k'a tranaao tlon wii the fact that In both buat j jieea and realdence propaftr fha deal i Inca wera more acattered than tiaual, j Indloatlnf that the tone of the markit continue healthy, and that the. heavy tra.naactk.na of th week wera not du i to any combination of favorable clr I cumatancea effecting a particular dlt- trlct ! la easily to bs acen that Rood bual ; nesa eonditlona. healthy proapecta for the future and confidence on the part of Inreatora are liavln a atlmulatlnK j effoct on realty trananctlona. and thm j tha market la In better condition than ! Jt haa been at any tinje thla early In j the year, alnce the financial dlaaater i in the fall of 1897. The prmthr transaction of the week vii the Bale of the quarter block at the northeaat corner of Seventh and Oak. atreeta for a conelderatlon amount ing to 1111,000. Thla parcel waa pur chaaed by a ayndleate of realty opera tore oompoaed of Robrt Uvlneaton and A. M, Wrlirht. of the United Btatea Na tional bank: E. B. MacNauarhton. H. N. Burpee. Georve A. Warren, of the War ren Pack in j company; Frank R. Kerr, of Wadhame A Kerr Broa.j T. J. Ttowc. J. R Wldmer and D. Parker Brron. Waa Oaah traaaaotKm. The property waa aold by the l.adJ Katate company ard waa a caah trana aotion. It la underatood that the pur chaxina; ayndlcate eontemplatea the fln provement of the parcel with a mod ern bualneaa atruclure in keeping with the value of the property and the im portance of the dlatrict A ncmberiof fine atrutturei. all new. have bden erected In the Immediate ricinty of thla property. The We!lt-Farjo building; t Hlith , and Oak; Beck ' building, juat acrosa Swenth street; The 'new Imper ial and the Oregon hotele. at 8venth anJ Stark; the Fenton building, ad joining the Beck building on the north, and the Elka club houae. at Seventh and Stark, r , Second only In Importance to the Bale td the Seventh and Oak street corner waa that of the to by 100 foot'lot ad joining on the north of the Spalding building at Third and Washington. Thla property: wan pnrchased jfcy 3: H. '.Peter son from Mra. Maria A.-Smith, the con elderatlon Involved being $113. POO. The premiaea are tinder a lease to the Fried man Packing company, which haB aome thUi over two yetra yet to run. On account of the leaae, it Is not probable that Mr. peteraon will hold the property for Improvement, but will ell it for a substantial profit at the fir.it opportunity. David 8. 8 tennis and James A. Taylor negotiated the sale. . - Pay 830,000 for Tract. & I Brubaker and C. H. Benedict lave flowed a deal with Mrs. M. M. Oearin for the purchaae of a 10 acre tract located at Division and aet Kortyiith street. ' The consideration Involved was $20,000. In the same district. Is located $4 acres, which was sold last week by Wli liam Frasler to the Northwestern Trust company for $40,000. "The property wae Just transferred by 'Frasler to C. F. Bold and then deeded to the Northwest err Truat company. The. Portland Truat company has closed a deal with Joseph Shemanskl for the quarter block at the northweit corner of Thirteenth and Clay atreeta. The purchasing company paid $20,000 for the property as a site for a modern XB3ZI2irCE OF A. . Z. . 2fOZ C OTTJS, A6T Z4TH & MWTrfO&IfJS In the monthly trade bulletin of the Oregon ft . Washington Lumber .Manu facturrra' association, it la reported that an order for H, 000,000 feet Of fir car material has been placed In Oregon by the Pullman company of Chicago, I for manufacturing 2000 Harrlman re rrlgerator cars. The , bualneaa is bernf handled through 1 committee represent inn a number of mills of the assocla tlon. ; . ' . Railroad structural material and ties continue In good demand, tt being stated that requirements of lines jinder con structlon within the state, with the probability of further Construction being undertaken, haa already material ised in contracts for large quantitlea of ties. It la expected that when the Cali fornia ad eaatern demands oomo In, a short supply will regulate the price on a considerable higher basis than now prevails. The bulletin elates that at the pres ent time reports from the Willamette valley indicate that the larger mills are busy, and appear to be confident of good Business during 110. The annual meeting of the Oregon &- vtunmngton dumber Manufacturers' association will be held Saturday, Feb ruary m, and It will be followed by dinner at the Commercial club. Improvement of Thoroughfare Will Mean Outlay of $3, 000,000 in 18 Months. lands in the Hill-Crest subdivision of the iliKhlaiids In Yunililll county. It. K, Black acquired lots 82. 84, K7. 91 and 92, containing US acre, fur which he paid $5700. "Lot 81, containing 80 acres, was sold to R. K. Poultencr and Jack Van Norman for $2500. Both tracts will be set In fruit and nut trees. I HE BRESKE BUILDING The placing of cluster lights and the extension of Alder street were the two Important subjects dlsoumttii at the meeting, of the Alder Street Improve ment association Thursday night. About j ow Aiaer sireei properly noiacrs as sembled at the Commercial club for the purpose of perfecting an organization which would further the move to make Alder street ' Portland's Fifth avenue. Ieo Friede was elected president of the association. In accepting the office' he told some interesting facts concerning the early history of Portland. "Alder street was at one tlmcvcalled the back street off Washington," Bald Mr. Friede. "This was 20 .years ago. Now it is rapidly' becoming the great retail thoroughfare of the city." Ho declared that the time would never come when a streetcar line would he allowed on Alder; that It would be the one street in the' cUy where carriage, and a'ulomo blln traffic would have undisputed sway. It was decided at the. meeting to place cluster lights on the curb for tho entire length of the street. A commit tee waa named to Investigate the cost of the various light designs and report at a later meeting. Attention was called to the fact that plana for new construction on Alder street have already been prepared, which will Involve an outlay of -'at least $3, 000,000, and, moreover, all of thin work will probably be done In the next 18 montha. A committee was also named to confer with the owners of the large depart ment stores which are-now and will soon be doing business on Alder street. and ask them to do away with the pres ent plan of doing the delivery business on the Alder-street side of thcrr build ings. ' The ltrcske building, fronting 75 feet On the west side of Park street, between Stark nd Oak. whs sold yesterday by Fred Breaks to John Kelly of the Booth Kelly Lumber company, for $76,000. The building was erected three yearB ago at a cost of $31,000, and Is now occu pied by the Pacific Monthly and Bu shong company, under a 10 year lease, which has seven years yet to run. urlck apartment hovwe. One of the most ir mportant realtv transactions of the past week was th? purchaee by A. S. Ellis of the quarter block at the southeast corner of King and Washington atreeta from James Mu.'kle. Mr. Ellis paid (45.000 for this property. This property was formerly a part of three lots, which were purchased last May for $45,000, and by the aale of the corner two lota to Mr. Ellis. Muckle comes out with a 60x100 foot lot a his profit on the deal, which Is equiva lent to fully 30 per cent profit on th : transaction. Purchased Three Corners. Within the past two years Mr. Ellis lias purchased three of the four cor ners, at the Intersection of King and Washington streets, two of them, tin; , ones at the northwest and northeast corners, he Improved with modern brick apartment houses. ' which he sold at a handsome profit, and one he now owns. Mf.,' Ellis acquired the property at the southeast corner as a site for a four jjtory apartment house covering the en tire quarter which he proposes to build :(a'.soon as the preliminary arrange- ments arc completed. His improvement '. there will Involve an expenditure close to $100,000. Another large deal of the week was I the' purchase by E. L. Thompson, of Hartman Thompson, of a 50x100 lot. at Park and Burnslde streets. The lot I was sold by E. B. McNaughton and as-j nociates for $46l!00. This is the third time this particular parcel has been I sold in the past bIx months. The first i of these sales was for $26,000, showing a prom or Z0 per. cent between tho first and last sales in half a year's time. : Mr. Thompson announces that iie 'is prepared to put up a modern busi ness house on the lot and will do so hm soon as a satisfactory tenant can be found. Pay 837,800 for SO Past. A 80 foot lot on the eaat aide of Park Btieet, 100 feet south of Morrison, was aold by the Clark Investment company last week-to a local Inveator for $37. 600. This la Just one fourth the price paid for a 50x100 foot corner at Park and Morrison less than 12 months ago. The half block on Market street, be tween Water and Front, waa aold laat week by Charles E. Hall to W. K. Hchuller for $50,000. The deal waa made I erect - It is understood thatMr. Schul ler will Improve the 'proper tbaw.ai, early date.' Just what class of Improve ment he will put on It however, has not been determined. . This half block e pnrchaaed by . Mr," Hall less than thre years ajrn for 3l.t00, . ;.-. A SAglOO foot Jot at the northwest cor v r of Third and "Montgomery streets was purchased last Thursday by F. J. Delano, of the Portland Hardwood Flo,or conipatiy. It formerly belonged to N. L. Wurman and was sold at a figure in the neighborhood of $15,000. FRUIT AND NUT LAND IS IN GREAT DEMAND Chapln and Herlow report the sale of nearly $8000 worth of fruit and nut li . 1 l : , v '4 i Duplex . Cooperative House, Seen in East, Latest in Building Line. The duplex cooperative apartment house, which Is the last word in apart ment house planning, and which la be ing built extensively In the eaat, has not yet reached the . Pacific coast. In fact. It Is doubtful if one. of theao houses has been erected west of Chicago. Thla type originated In New York, less than five years ago,' on account of the fact that land Is being held at prlcea so prohibitive for the building of resi dences by1 even fairly wealthy, , that It was found necessary for owners to combine Jn the erection of a building, In which-they could reserve, for their own use, one apartment and selling or renting the remainder to owners or ten ants, approved by a committee of the original joint owners. These buildings are built from four to 12 storlos high, each --apartment befcna- allotted ,two stories;, the living rooms on one story and the sleeping rooms -on the story above. An- unasual feature in some of these apartments is a larger salon, opening uu through two stories, with surround in balconies. Around thla central room the various utilities are grouped. This arrangement affords an excellent opportunity for people of this class to entertain In regal raatuon. ror recep tions and dancing parties the musicians may be looated in the overhanging bal- oonles, this giving clear space for en tertaining and dancing. Land haa not reached a sufficiently high figure in Portland as yet to make It necessary to resort to the duplex co operative type of apartment house in order to get a fair return on the cost of the site and building. But if the busi ness district continues to encroach upon the west aide residence section as It has In the past five years. It will not be long before those whoso business re quires that they live on this side of the river will find themselves living in well arranged, comfortable , dwellings, located In an eight or ten story duplex apartment. New jersey is naving much success with building stone roads with a top dressing of stone dust and tar, which renders them almost waterproof and noiseless. In a new type of pontoon bridge being tried In Denmark, the pontoons are an chored beneath the surface of the water, the entire bridge remaining motionless. Independent of the level of the water. Million Dollars Already Used on Columbia Irrigation Scheme; Promoters Are Big Men. Journal want ada ..bring results. IAMT mc fHHI TII1L - VNEWRESIBENCES Past; Week Shows Great De- man'd for Home Sites and ' Many Transfers Made. lgh class residence property was In greater demand last week than for many months, past "From all sections of the city where are found the homes of the well to- do class came reports of numerous transfers. Among the more ' Important deals ln this class of holdings may be noted the following: ' new eight room two story dwelling, locsted on Elliott avenue, near Central Park, in Ladd'a addition, lids been sold by F. W. Torgler to I E. and D. Paint er for $7600. - , A fractional quarter block on Broad way, between Eaat Thirteenth and Eaat Fourteenth, haa been sold by W. Swart to J. P. Chambleaa for $6800. Six Iota In Braxee street addition, de scribed aa lots 17, 18, if, 20. and a 37 by 200 foot strip, all in block i. have been sold by B. ' M. Lombard to C. I Horn for $8000. The quarter block at- the northwest corner of East Lincoln street and Grand avenue, haa been purchased by Frank H. Waits from M. F. Brady, consideration $9000. , - Several tracts ln Mill Creat Acrea and two. lots In Kenworthy's addition have been sold by Nelson C. Ovlstt td Stron ft Co. for $14,000. The Fidelity Truat company has sold . to Percy J. Collins a part of lot 2, In block. S2J, Baloli'a gulch, for, $4260. The apartment Building company haa aold to Carl Friedman 4S'by 60 feet near the corner of. Sixteenth and Jefferson for $8750. A fractional quarter block at the northeaat corner of Salmon and Eaat Twenty-third has been sold by John li. James to Carl Q. Johnson for $4260. Lot 7. In block 14. Goldsmith's addi tion, located on IxveJoy street, between Twenty-fourth and. Twenty-fifth streets, has been sold by M. L. Church to A. C. Pike for $55Q0. A. B. Minaker, pastor of Im manuel Baptist church. South Dakota, Florida, New Hamp shire, California and Louisiana, In the order named, were the only states ' to have notable Increases last year ln their mineral production over the year before. DEDICATE IMMANUEL BAPTIST CHURCH " Nil Mill III I I mm - mmmmmammmmmmsmmmmmmmmm Immanuel Baptist church, just completed at Second and Meade streets, and which will (b dedicated today. Ths" new Immanuel Baptist church, which has Just been completed at Sec ond and Meade streets, and which is to be .dedicated today is one of the most modern church edifices of . Its class In Portland. ; The '..Interior arrangement of the building is such that there aio two auditoriums, and gallery.' The lower auditorium is arranged for Sunday. school purposes and social gath- eruttfs. It includes the Sunday achool room proper, a kitchen,- four individual classrooms, two closets and two separ ate, toilets. The upper auditorium has a bowel cd floor with a two-foot rise, a concrete bnpistry" just back of the pul pit above hlch is a large ehoirroora. There are threts "closed rooms off .of thjs' auditorium, and one in the tower which, slvea 'elghf closed . rooms aside from gallery and' choirroom which can be used for Sunday school classes. The whole building lone. of artistic design and beauty, finished within' in. natural wood, and without it. is a combination of old English gothlo and the modern bungalow. Pebbla dash covers the first auditorium - without the next . floor' Is shingles, . meeting a projecting roof. The old building waa destroyed' by fire. December iS,1909.- ...: , f j i Portland will be Interested to know that the new Irrigation project on the Columbia river at the mouth of the Snake river will be placed on the mar ket Immediately by the new company In control. The owners compose some of the best known and wealthiest men on the Pacific coast: Jacob Furth, James D. Hoge, C. E. Farnsworth and J. E. Chllberg of Seattle, and the major por tion of the bonds are owned by the Na' tlonal City 'bank of New York city. About $1,000,000 has been expended In perfactlr.g this project, and .this winter fully $100,000' Is bPlng expended In further improving the canals, power plant, machinery, etc. Means ltnoh Xiooal Trade. When this large tract becomes set tled with small fruit, berry and garden farms it will mean considerable to the local! trade. Bnrbank-on-the-Colombla, as the project is called by its founders, after the great wizard of horticulture, lies In the corner of Walla Walla coun ty, where the Snake flows Into the Co lumbia and comprises a series of high bench lands overlooking the whole val ley at that point. Across from It Is the 1 Yakima valley, thickly settled, and demonstrating ln a conclusive way tha possibilities of surrounding lands. An abundance of water Is supplied by one of the largest power and dump ing plants In the northwest, complete In every detail. Concrete Is fully used In construction and nothing haa been left undone to conserve the water sup ply and protect the lands most amply. Town Named Bnrbank. A town has been platted, bearing the name Burbank, on the Northern Pacific railroad, where a new modern hotel Is In course of erection and will be oDened about February 15. The Water nrl I l-and companies occupy another new building, and he usual business enter prises common to small towns are com ing forward rapidly. This town will bo the commercial cenfer and' shinnlnir point for the entire 13,000 acres, mak ing of it a substantial town. Both the O. R.' & N. and Northern Pacific railroads cross the lands, while the North Coast is building a Sl.ooo.nnn Dricige at the town of Burbank, and will snortiy nave its line constructed. These rauroatis, with steamer transportation on both rivers, give Burbank fine shin. ping facilities. , in Portland the Burbank T.n nd com pany is represented by Malr & Frail in the Lumbermen's building, who will de v6te their time exclusively ,to the Ore gon field. THQMPS0N TRACT PLACED ON THE MARKET ft tadwaifl Sale Pending Removal to Our New Store in Electric Building We i Offer Bargains in Electrical Devices The old Thompson tract, which was recently sold to the Southport Land company, an incorporation composed of R, E. Kingsbury, Fletcher Linn, S. B. Llnthlcum and Edward Cooklngham, was platted Into 268 lots the, flrat of the year, and the Spanton comna nv n fa the exclusive Selling agents and report! the sale of 87 lots during the last two weeks. . J Several corners on Macadam street I have been resold at a nroflt $500 to $700. Miss Clnda Llnebaugh of , 403 Twelfth street boujrht a lot on the corner of Macadam and Carolina streets and refused $700 profit. .' E. Palmer of 538 East Fortv.flr.f . street purchased the - southwest and I northwest corners of Iowa and Ma. I dam streets, and refused $1400 for his bargain. A. Margulla of South Portland bought corner on fendleton and MacnriMin I streets and refused a profit of. $1000 : I Considerable, nctivltv t .nii.i..,. , 1 f along the carllne on Corbett street. The t South Portland Boosters' club are ex- pe'cted'to have Corbett street paved from one end to the other. , ' 'f It Is reported that nnii, ,..., i site has been purchased adjoining South- ' j T1 Dort. and-detail Af ,hiK i,.. " S M held up by request of the purchasers jtaxwormy & mum purchased a half block on Virginia street, between Call- i fornia and Texas street from J. I, Cardwell. The price nald wa In the, neighborhood of $3600 cash. The-samel parties haje several other parcels of j - . ....... .ii mW cainr vicinity. They consider property "In southern Portland the cheapest In the city today, and taking into considera tion the fact that three electric and xne steam railway runs through the addi tion. It has transportation facilities sec ond to none in the city. r , 147 7 th Street Portland fy, Light & Power Co. ; ii 1 1 m M, fx i 'Sv-s-Si : ' rrc i A part of tract 26, in Cedar-Hill has been soldi by Charlotte Green to F. Breske for $12,000. , , TtrfAMVC A r.uwr j, . ii 7 " I o i. w nviuii x Journal 'Want -nda-hrlnff iJemilti'v. I " r-- c-C If the Only Mission of a lighting fixture was to give light, you may as well take a few electric bulbs and string them about the rooni tbut- the decorative value is ofvast importance. IN . J. C. ENGLISH CO. 'i.l W-M 128 PARK STREET A r ' If f :f.f-