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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (March 20, 1910)
THE OREGON SUNDAY JOURNAL, PORTLAND, SUNDAY MORNING,"; MARCH 20, 101O.; 6 ONLY NATURAL; LOTSALESTOWL NEARLY $50,000 iMFl'THFATRF N HWIII HERE IS NO REALTY BOOM H. P. Palmer Says Portland ;? i Has Passed Speculative Day . Mow Best Time of All to fr Buy Land. V "There fire greater opportunities to "'tnj way of thinking to make good In- ' Teatments litre loony than there has J ben alnce I began operating ss a realt "broker several vents ago." said II I '. firmer, of the Palrii.T-J..n. s romp.nn . 'r- Mr. rlnr lm opi-ruicd extensively . '" 1 1 or eome years in IrniKton ami R'lja nt dletrtets. 11.' lias sold a great deal t Irvinfton properly ami bras built -many handsome hoilK In that section - n f the eMy ami Ik Jos' ' 'K'"''lf fthe construction of n.rul veiv hand . I lomi dwelling houses In the newer part - $4f Irvlniton. "The city has grown beyond Its spin- "' f Ulatlvc 1"5V" con.tlnt.J ill Palmer, i "and the fear of the tlmtd ones who ; I two or three yearn ago wh o predicting1 84 reaction and declaring that property! t held loo hiKh in Portland have been allayed. I believe, for all time to come. mobility Established. ' "It seems to me that our stability la ' firmly established that even the most i'eonftrmed pessimist Is ready to give 2 UP and corns Into the fold of those who believe that nothing short of a national 2 Catastrophe ran stop Portland's on- Ward march. We will continue to grow; J property will become higher with the Clty'a Increase in population and the far . " sighted investor who buys property to- j day will reap rich returns in a very few years. i , "Portland Is rapidly fulfilling the frophecy made by James J. Hill five j years ago and ' is today one of the f most talked of cities In the west on account of its rapid growth during I these last five years. This growth has been marked with no semblance of a i boom, however, up to the first of this year, when the presence of outside capi- : tal made Itself felt and the real estate market became very active In all dls- trlcta of the city. ; Wow Time to Buy. J l '"While prices have not advanced ma-e J terially since that time, the feeling that now la the time to buy real estate in I Portland has become general, and the r feault is that people are coming here ' from Seattle and the north, as well ;' from the south and east, to Invest n. "As an illustration, a newcomer to Portland from the east, with whom we ',. had some business dealings, gave us ithe name of a friend of his In Texas. We gave the name of this man to the publicity department of the Portland Commercial club and the result was that the man after receiving a quantity of literature on Portland and Oregon in ' general came out, looked over the slt- uatlon, decided to locate here, and has been instrumental In bringing out to Oregon eight families. "When one sees the rate at which Class A buildings are being erected and that other Improvements are being rushed to completion, he cannot doubt that the present activity Is not only on , a firm foundation but that It Is only the il Which will make Portland one of theJ atreatest cities In the west and the State of Oregon a producer to be reckoned with in the markets of the world. Alwwya Business Center. "Portland has always been a business Center to be reckoned with, but business has been carried on for many years In Offices, btislneys houses, and ware houses which have come down from father to son. In the last few years, many of these old land marks have been l riBini uy iii'HiL-in uuumngs ana 11 I Will not be. long before this city wllljcnted on the extension of King street see as great a change from Its present north of Washington, hns been pur appearance, as that which has taken: chased by R J. Frohman from Annie 'place since the tlm when some of our I Terry for $5nnn. present foremost citizens, as boys, took Judge W. B. (illhert has closed a deal their lunches and went fishing away out j with Paul Wcsslnger for a quarter block where the Weinhard Brewery now i at the northeast corner of Twentv-flrst , Stand." ,. "One of the best evidences Of the j' rapid growth of Portland Is the build- ; Ing up of the east side including the j I. peninsula. The miles of pavement ;j i. Which have been laid on Belmont Ktreet. j: East Burnside street, I'nlou, Crand and S KHllngsworth monucs have aided great- f ly In the building up of a great resi- ; Jence district on the oast side. The 1 new Broad w a j, Madison street and Steel I bridges will also help both sides of the ( I river equally. As an inslancc of the j f present art i Sty on the east side., the laureiiiur.st tract, formerly the old j i Ladd farm as put on the market about ,., ;.! ?7 nl"'H,lv nvfr nan Cf the 200 lots In the addition have j t everything Into consl.iera- 'Taking everything Into 'aanaaa i 0'a" ,ra " ; ;,B'-h """I T t V n i "u ' "rm.v it, neve uiat an realty values win continue ; to Increase during the next five -ars to a greater extent than they have done . In the past five joaru." MUNfNIS ON THEALBJMACARUH , One of the most substantia! imptove :t mentS to be made mi the lower Albina t carllne will l,e a two story lnhk itore and apartment house, orf-unying- 1m0 fei;t ; front rfn the wist slue ' f Missijo-,j,p f avenue near palling sMr t. Tin- bmld Jng will be erected by .1. y T.-miH.sle r and John F. Wilson. It will contain besides the stores on tt.r lov. er floor, I 16 two room apartments, ;iMj ,.osj J about $15,000. ; . Extensive brick imt.ivvf mmus are .planned by owners along upper J llama avenue. On a nuari.-r blm-k ne'i'r Monroe street p'mns are b. u,K pi ,iia r.-.l lor a. pressed DilrK f i on t structure to COSt' $25,000. VV, G. Holmes, who "ri'osui- Mue or illiams t . icime, eonieiiipia ien inn improvement . tf his property with a hrn k structure , durinpr the -coining siimrni r H. E. Maddock litis pun h.-isi J f.rrm I,. M. xi vis, lot jb. Mock la. ('eimiii Al- t ttina, on which he is jreparlr-,;; s a double flat building at a eost , V- $5000. o bi.ild ( ' 1. bout M. J. loung took out a permit 1'ridav last. for a two story frame residence to j v erected on Kast i-nty-tinrd street between Skldmore and Mason, at a tost of, $Pi0. T. R. Conlff has begun th ereeijon of a ruodrrn tn story rendencu. oe Ulusftwrth avtnua. beiwea Haifc II ;l r .'- ill. ;- .- h - r v jrrt 1 1 tu MTi f Splendid new home of B. S. Huntington on Thurman street. GREAT ACTIVITY . - K MW IM MflR B inn nnnnrnnrp I niLL rnurcnimo e a irt IH Thic Dortionlor Confirm nf Pitv I MHO I Ul UUUIUI MllllVII ui VIIJ Attracts Many Prospective Home Builders and Specula tors; Other Deals Closed. All sections of the city were liberal ly represented in the residence property deals consummated last week. Nob Hill property attracted the attention of pros pective home builders and speculators to a greater degree than had been the case for several months past. Wakerield. Pries & Co. took title dur ing the week to 175 feet frontage at the northeast corner of Twenty-sixth and I Marshall streets. The property was purchased from the Columbia Iand company for $1&,000. The Wakefield Kries company immediately resold a 40x100 inside lot facing Marshall street, for $4500. The property was sold to m. Kallls of Keno and Ballls, Mrs. Simpson Is Purchaser. Mrs. Ada L. Simpson has purchased from Lena Rlvenrs a house and lot located at the northeast corner of Twenty-four.th and Northrup. The con sideration Involved was $8100 The largest deal reported In the Nob Hill district was the puTohase by E. F,. Angell, a local contractor, and S. B. Kidder, a Baker City capitalist, from the T. M. Word company of 100x121 feet at the northeast corner of Nine teenth and Qulmby streets for $20,000. The property formerly belonged to J. 'W. Nance. It Is unimproved and will be held as an Investment. Lot 4 In block "B" Crown Court, lo- and Myrtle streets. Portland Heights Judge Gilbert paid $1750 for the parcel Bought for $13,000. A full.i,lot at the southeast corner of Fourth slid Mill was purchased last week In- J n. Kennedy of R H. Brown for $1.1. mm. The' Improvements on the lot consist of three frame residences bringing In a total rental of $60 a month. J. n. Williamson has concluded the purchase of a 60xf0 foot lot on Alder street between Fifteenth and Sixteenth for which ho paid $36,000. The lot Is value, it will he held as an Investment, no Immediate Improvements being con- templnted. I'he Alameda Land comnnnv ham unlit to John Fishe sty lots In Alameda Park, the total consideration Involved re-;hrfng $510, the lots selling for $860 each Oeorge Burbach has purchased from Peter ftasmussen two lots In Central Alhlna, the total consideration being $7onn. The lots are located one on Vancouver avenue, between Mason and Shaver streets, and the other on Haight avenue, between Beach and Fremont streets. Both lots are Improved and each brought $3500. Margaret E. P'rasler has taken over n quarter block at the northwest corner of Kast Sixteenth street and Hawthorne ii venue. The property was sold by Lucy I. Clarkson for a consideration of $62&0. A modern cottage In Vernon was pur chased last week by Harriet M. Miller from Otto Brauer for $3400. The resi dence property consisting of a large house and three lots at the southeast corner of East Ankeny and East Twenty-second streets has been sold by H. W. Monastes to M. F. Hayes for $h7t0. Three Improved lots at the southeast corner of Vancouver avenue and Skid more street has been sold by W. H. Weeks to 11. P. Kimball for $4000. nd Commercial streets. The building 'Will cost $45(1(1 Permits were taken out Friday bv C. H. I.eaiilit t ter for three two story dwell- 'AfiS B olMrffr.lr.BS to bo erprterl In th vfelTitt.. n t i-m u-sixth and Stanton streets. I wo of th,. buildings will cost $2000 eai-h and Um other $3000. W. )!. Wafrnitz lias begrun the erec tion of a one and oua half story frame eottace on Moiiis street, between Rod- 'iev Colon venue. The improve- "lent will r-nS Jl'lfl. A permit was taken nut la.Htt Friday Slrs A. H. Page for a 'one storv frame . ottajre which she will build on Jast .Seenih between Thompson and Riazce st a cost of $2000. ETVctric n ut cmobilc- to the number : of t'-l.'o'l wei. ti.itlt lii hu l-n,t.. c:. ...... 1411 " . . - ' - .ki-r -vrt ' i! i 1 - - :r t'V - mWMffiPi WMi u ' wr-: '' fm ;'' :!; Ji THE LAND - WHERE AND WHAT Wolf Creek Cove, Josephine County, contains scarcely more than 2000 acres. It is surrounded by wooded hills and is drained by Wolf Creek, which empties into Rogue River.. Its altitude is 1318 feet. The annual rainfall is 33 inches. Because it is so small and secluded, it has not yet been developed so intensively as the southern part of the valley. That is why the present low prices are possible. Nowhere in the valley are conditions better for pears and apples. The rich red, ferruginous soil is always being renewed by the soil essence washed down from the hills. The hillside land is the least expensive, yet Flame Tokay Grapes, a highly profitable fruit, grow to perfection. Prices per acre and the size of the tracts depend upon the number of or chard acres in each tract. ANNOUNCEMENT Two thousand acres, practically all the available orchard land in this wonderful, secluded section of Rogue River Valley WOLF CREEK COVE has just been purchased from the original owner, in this case the actual homesteader. It is now being divided into orchard tracts of five to twenty acres. For the next thirty days buyers will be given the benefit of the wholesale purchase. After that prices will be in creased to correspond with those of other sections of the valley. For 9350 per acre in Wolf Creek Cove you may thus obtain, for a limited time, orchard land set out to fruit and taken care of for four years, of the same formation and soil (plus additional shelter) that is now being readily sold at $500 to $1500 per acre in the wider, better-known and southern part of the Rogue River Valley, and just as good lands not under cultivation for less than $100 per acre. This offer is good for only a few'days during the introductory sale. All the land is within two miles of the Southern Pacific railway station of Wolf Creek. ,' 8 REASONS WHY YOU SHOULD OWN A WOLF CREEK ORCHARD First Rainfall 33 inches, making irrigation unnecessary. Second Climate and scenery unsurpassed in Oregon, the ideal state. Third Soil is of the best for fruit raising in the unsurpassed Rogue River valley. Fourth It is right on the railroad, Wolf Creek being in the center of these tracts. , Fifth Elevation 1318 feet, assuring best flavor and best keeper of apples and pears. -Sixth More than 2000 acres in one body, assuring a packing plant and cannery at Wolf Creek. Seventh Right pricesv and very easy terms on small orchard tracts. Eighth The Rogue River Fruit Growers' Association is well organized, assur ing the highest prices in the markets of the world for its high-grade fruit. Investigate Our Free Fare to FREE FARE COUPON BRING THIS COUPON WITH YOU With a bearing orchard to boss, nobody else and Be Sure of a Permanent Income m 4 i rr. Wolf Creek and Return Pescriptive literature with plats showing acreage of each tract and prices of same and all othef information furnished on application to M. Ei. Oiapln Realty Co. 203 Corbett Building. Portland, Or. VV. G. 'Smith, Wolf Creek, Or. Property Involved In Ladd Ad dition Sold by Torgler and , Strong & Co. . Lot sales, Inrolvlng a total consider ation of nearly $60,000, have been closed In Ladd'a addition by F. W. Torgler and Strong A Co., since th,e first of the month. The following ara the purchasers and lota taken: Charles Mace, lot 12, In block v8, $1800; V, Gib bon I. lot 1, in block 10, $3800: Anna and Nellie Parmenter, lots S and 2, In block 17, $4750; Alfred Keller, lot 9, In block 9, $1900; J. O. Nelson, lot SO, In block $2100; J. F. Drake, (6 feet on Elliot avenue, $2960; O. L. Price, lot IB, in block S, $2100; Kdward Ounderson, lot 8, In block 9. $1900; Lydla M. Willis, lot 19, In block 6, $1900; A. S. Harring ton. Jot 20, In block 12, $1900; Andrew M. Chrystall. lot 23, In block 12, $1900; H. F. gtoner, lot 12, In block 18, $2100; Contractors Smith -and Dodge, -lot 8 in block 8. $1950; J. A. Williams of Salem, lot 1. In block 4, $8000; F. Har nett, lots 22 and 23, In block 8, $3900; Thomas Vlgars, lots 20 and 22, In block 18, $4100. R W. Torgler also sold to C. W. Kleppel a -modern eight room, two story dwelling occupying a 60 foot lot on East Madison, near Kast Twenty-second street, for $fi600. riant Eastern Oysters. tRperlal Pi.p.tcb to TTie Jnnroal.) South Bend, Wash., March 19. The Tokeland Oyster company Is preparing to plant IB carload of eastern oysters In the beds near here. The seed will be brought from Baltimore. can ever boss you" Valley Orchard John Consldine Says Proposed Vaudeville House Will Seat Approximately 2000. John W. Consldine, of Sullivan & Con sldine, the vaudeville theatrical firm, spent last Tuesday In Portland. While here he made two Important announce ments forecasting extensive change and Improvements In the local theatres un der the controIS)f that firm. Mr. Consldine gave It out that he was figuring with a local property holder for a site for a new theatre to take the place of the Grand. "We are going to build a theatre," said Mr. Consldine, "that will seat between 1800 to 2000 people all on two floors." He declared that he had about settled on the location, but would not be pre pared to announce the site until after his return from San Francisco two weeks hence. A distinctive feature of the new play house is the fact that It will have no gallery, in that respect resembling all the new theatres erected by that firm In different parts of the country. Another Interesting announcement of the vaudeville magnate waa the proposed remodeling of this Orpheum. The plans for this work have already been drawn and .include among other Improvements the setting back of the stage about 18 feet, which will allow the addition of about 300 scats. Mr. Consldine said that the new theatre he expects to build Outright would not be named the Grand, but would probably be called the Mft Jsstlo, the name selected by the Sulli van ft Consldine Interest for all their new Pacific coast theatres. If k1ii! 31 1 1