The Oregon daily journal. (Portland, Or.) 1902-1972, March 12, 1911, Page 21, Image 21

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    THE OREGON SUNDAY JOURNAL, PORTLAND, SUNDAY MORNING, V MARCH' 12, 1911. 1
10
HIT FUTURE IS
Si II J01S
JHHIHflU
Big Holdings by Large Firms
CForm Evidences of Faith
- With Which Suburban Prop
erty Is Regarded.
" Those persons who though generally
.Interested, are not actually In touch
with the trend of events In St Johns
- and on ths peninsula, cannot fall , to be
surprised,' not only at ts physical
growth' of the city and Us Increasing
" ImportanoTTur aairofaeturlng-eenter,
but at the steady but rapid rise, of real
stats holdings, and ths solid financial
backing that supports ths concerns lo
cated in .that district
"A Journey along the waterfront would
a. .. tiiM f factories that
would open the eyes of many, whilst
- the property, on which no factory has
as yst been located is owned by men
of strong financial standing; who there
by express the - faith in the ultimate
Mgh value of the properties they con-
troL8tsrtlngfromthepartJ9fthe
Ogden tract known as the Ogden lower
'. ranch, which passed to the hands of E.
v Xetchum last summer, snd following the
river bank, : are seen ths holdings of
W. Patton, which extend - for seven
eighths of a mile along the waterfront.
The next property is the Ogden tract
proper, which In turn adjoins the land
acquired b the Portland syndleats con
sisting of F L laly,. Honeyman and
others. The large holdings of tho Wey
erhaeuser company and of Messrs. Bar-
- ker and Stewart corns next and then ths
; - busy factory: district follows. ; The fit
, Johns Shipbuilding . company and the
St Johns city dock, are next In rotation,
Porter Bros, owning a 200 foot strip be
tween them. The asbestos factory, the
Jobes Milling company come next, their
neighbors being the large mill and plant
of the 8t. Johns Lumber company,- The
400 foot front Immediately contiguous
to tho mill property recently changed
., hands, being acquired by the Star Sand
sV Gravel company 'for $40,000.
Mors Big Solders. -'.
' The Portland Manufacturing company
follows next and their property shuts on
ths Port ; of Portland drydoek. Next
follows a valuable strip of land ovef
if which ths Western Cooperage company
holds control. The property was sur
vsysd and plans prepared for a large
lactory, but it was understood that the
offer of a bonus by ths people of Aber
deen was the factor that, induced the
company' to. stop In. that city. The
' Peninsular Lumber company has large
: adjoining holdings on .whloh their mill
is built, and ths Mount Hood Railway
- company recently purchased 800 feet at
the extreme end of the Peninsula, hold
inga, for the erection of tho steam aux
iliary plant which will be completed In
a few weeks. Ths. ttnmtrtlM at th
Union -Oil ; company and ths Standard
Oil company come next in order, and
ths shingle mill Is located soma distance
farther on.
, The ! very names of these concerns
spell to ths Initiated a sense of flnanolal
,j security and a personal Inspection of ths
; various .factories will convince even a
; stranger of the commercial Importance
of these locations. . And this concentra
tion of manufacturing concerns In one
.. . area has a direct Influence on ths real
estate values of the residence district
In th vicinity and of the trading ceo
ters nearby. - The population of St Johns
in 1000 was $60. while the latest figures,
i according to the official census of mo,
'were 4872- The assessed value of the
i school district in 1900 was $182,000.
.while It grew in 1910 to $1,700,000. The
bonded Indebtedness of ths city still
remains very low. probably holding the
low record for any town of its slse In
- the state, the total amount being only
$80,000. including $10,000 for the hand
some city hall which is worth many
tlmss that amount On the basis of ths
valuation of ths present city a burden
or sometning ius $476,000 could be
City nook Tames Kiss.
ni . , . m .....
J. .. l" uuuneea mooks 01
be city is visibly increasing. James
ohn, after whom the elty is named
- sold the block at tho corner of Burling
- ton and Jersey about seven years ago
for $700. Its subsequent prices of trans--,
fer were $1700, $2700 and $4000. which
latter was considered a high figure, but
last year Cochran brothers, ths then
crar buildings
, ' V " huuiiiiw, woo nas
-slncs-refose4Mo psrt-wlth his noldtng
umoruiiy aavanaed rip-nr Th.
f mi. rise in prices is by no means sx
. ceptlonal Is shown by the fact that as
' late ago as 1906 the in mn,n.
v which the McDonald building and the
4 uwmo puuaini now stand, was sold by
' 3" MEE50V th lat w- Vandermeer
for $1200, which Included a $700 house,
while offers of $15,000 for tht w.
would not buy the property today
Other property in St. Johns has also
' changed hands at advanced figures re-
cently. Ths Forbes wlto m
. buildings and lot on South Jorsey street
nrintn1Ml h K r .... ' ...
... "uj.ti mercantile
i, oonrpany to Benedict Brothers from
California and the adjoining cottage to
M. Loy. the price involved being $000.
The Simmons estate nart .ik . ..i
... ivicnroona ana Hayes streets to
, Tom Cochrane at a price of $9000.
It Is not only the city proper that can
boast of these Inoreased and increasing
v prlees, for William Day sold six acres
, of land In Point View a few months
s ago for $12,000, anA smaller parcels are
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TYPE OF
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1 -Residence of sAUQrner Geor Wfltapleton, Fifteenth and Clackamas streets.
2 Handsdme resldeWe ereded4 if Fourteenth and Clackamas streets. V
gradually1 changing hands t increased
prices. Many of those who own land
havs such confidence In ths future that
they ars holding out for even higher
prices, W. Holbrook being unwilling to
place any of his inside property on
ths market, but it is pretty safe to pre
dict that during the next few months
therswlU b- a very large turnover of
lots and residences In 8t. Johns, and
the great Influx of newcomers, at
tracted by the good wages and Bteady
employment at the mills, adds to the
stability, of the real estate prices and
the slow but sure upward trend of their
values.
CONNELL FARM WILL
BECOME SMALL TRACTS
Taken over for the purpose of sub
dividing Into town lots and small farms,
ths. Connell farm, whloh extends, .Into
ths town of Hlllsooro, was last week
purchased from the Connell heirs 'by
a syndicate of Oregon and Washington
Investors. Ths trsct contains 600 acres,
76 acres of which is within incorporated
limits of HIHsboro and comes within
leas' than two blocks of the Wsshtngton
county eotfrt bouse. Ths consideration
Is nominal, but It ts understood ths
pries j was between $160 and $200 an
acre. '
The property Is to be called the Hills
boro Garden Tracts. All the tract ex
cept 76 acres, which will become town
lots, is to be platted into 6 acre tracts.
That part of the tract to be subdivided
Into town lots will have streets graded
and cement sidewalks laid.
The following ars ths officers of the
company recently organised to 'handle
the property: William Welstl presi
dent: A. Ii. "Watson, vice-president; Dr.
O. J. HlUa, second vlcs-prssldent: C.
H. Jacobs, secretary; J. N. Pearcy,
treasurer.
THERE ARE MANY
Who consult the Wants when they wish
to "pick up" a special bargain. There's
like as not soras one who hss need for
Just the articles that you wish to dis
pose of a Want will acquaint yon with
each other.
Delicious $1.60 wines $1 gallon;
Spring Valley Wine Co., 2d and Yam
hill.
HOMES GOING UP Olj CLACKAMAS STREET
TO ACREAGE HOME
X
High Prices in City Drive Peo
ple in Humbler Circum
stances to Where They Can
Raise Eatables.
"Land hunger has come to be one of
the great Impelling motives of the age.
Ths high price of living Is the chief
cause of ths back to tho land move
ment which is In evidence today all
over the country." Ths above ars ths
words of M. B. Lee, realty broker, who
has operated for ths past five years in
small acreage traotrclose tr Portland.
Mr. Lee says he never saw In Port
land such a craze for small paresis of
land. Hs says h has sold more aero
tracts and smaller parcels In country
subdivisions during ths past, three
months than In any like period stnos hs
entered the realty business in Portland.
"One of our great troubles Is the high
cost of ltvlhg in Portland," continued
Mr. Lea. "I do not want to be under
stood as knocking, either," hs hastily
added; "the trouble here Is the exoes
slvs cost of food stuffs. '. Ws sre paying
unheard of- prices for everything we
eat. Is It any wonder people are getting
back to nature, seeking small pieces of
ground where they can grow ths greater
portion of their food supply?
'Tour years ago I began selling small
tracts and- lots southwest of thejolty,
along, and In striking dlstancs of ths
Oregon Electric road. Since thon I have
probably sold $160,000 worth of prop
erty In that" district, and nearly one
third of It was sold during the past stx
j months. ' None of ths districts adjacent
; ... - -.-
to Portland nas been more negieoiea ny
realty operators than ths country along
the Oregon Electric as far out as 10
miles from ths center of Portland. The
result Is that land In that section is still
cheaper than in any other of Portland's
environs. People have been a long time
realising this, but they seem recently
to have grasped Its real meaning, and
now everybody that Is operating out
there Is overrun with business. It is a
small business. It is true, but It pays,
and Is qf Immense value In helping to
settle up the agricultural districts closs
to Portland.
"Fully 20 per cent of the people to
whom I have sold property along ths
Oregon Electric line have built their
homes out there. Any number of these
people are making half their living ex
penses on one or two acres of ground.
They raise ohickrns, grow vegetables
and keep ons or two cows. There ars
people living out there who buoght an
acre of ground three years ago and paid
$1000 for It 10 per cent of It cash, who
have paid the remainder from tho pro
ceeds of their little , chicken business
and vegetable gardea I know of one
man who cleared up $1000 last year on
two acres of ground, located five miles
out on ths Oregon Eleotrlo that hs pur
chased from me two years ago. Hs did
It raising vegetables and chickens.
"I am a firm believer In the rich re
turns to be derived from investments In
acreage anywhere In the-Port land-dis
trict Slnoe I have been connected with
the realty; business in Portland I have
seen so many men grow rich from buy
lng acreage near Portland that I have
come to believe a man can't loss money
from such sn Investment"
I
AT
For the purpose of putting up a four
story brick building on the site, Eu
gene Hoch of Blumauer A Hoch. has
leased for a 25 year team a 65 foot lot
facing north on Madison street between
First and Second. The property be
longs to Messrs. Graham & Jensen, who
under the lease are to bs paid a monthly
rental of (200 for the entire term. Ac
cording to the lease Mr. Hoch is ob
ligated to erect a four story -brick or
concrete building on the property within'
12 months, the building to revert to
the owners of the lot at the expiration
of the leas, The lot Is now covered
with old frame buildings occupied by a
blacksmith shop and a Chinese laundry".
BUSINESS OPPORTUNITIES
e Getting in touch with a bust- e
e) ness partner who will aid In en- e
Urging the scope of a business )
if by providing additional capital, e)
e is a matter that. Is often accom-, e
O pushed by r means of an an-
e nouncement In Journal Want Col e
e umns - e
H- Many j business opportunities e)
e are presented in the Wants that e,
e lead to successful business deals e'
e that reap big returns for many , e I
S investors.
e Legitlmateybuslnes opportunl- !e)j
e ties that afpear in' the :Want
W vuiumim kic varciuuy .consiaerea . S
e .. by . investors . who are alive . to . e
e the possibilities that are -pre-", e
Rtffttcdr' : "
Journal Wants have aided many ' e
'a. business man In, enlarging hi' e)
business or establishing a new e
venture. , , - e
EASES
MADISON
1
ANNUALLY
DOTTING OF 0IY
111 BIG BLOCKS
KEEPS IIP III 1911
Resume of Structures From 4
Stories Up Surprises by
v Their Number; March Per-
mits as Heavy as Ever.
March opened ausptolously for a continuation-
of the activity In building
operations, which has been ths main
feature of Portland's ; development for
many months. In ths face of unfavora
ble weather conditions, there were issued
during the first 10 days of the' month
297 , permits,, calling .for ths expendi
ture In new construction of $521,400.'
There Isnearly as much construction
work on business blocks in. progress In
Portland today as at any previous time
In the city, and before the year Is much
advanced ths amount wilt be greatly In-crss.-?Tfrr
Work of excavating for "the basement
and foundation of . the ; Wilcox office
building ' at. i Sixth ! and ' Washington
strests Is nearly completed. The con
tractor expects tObegla nutUng4n- ths
concrete footings, for., ths steel ' piers
early next week.". No delay is antici
pated in having the fabricated steel fori
ths frame of this structure, and it Is
likely that June 1 will see ths skeleton
frsme of ths 12 stories la place and riv
StSd.. V" :-:0--.''".-V-.--
Satisfactory progress Is beings mads
In the erection of ths eight story Mult-i
nomah hotel under consideration for the
Thompson estate, on a block at Fourth
and Pine streets. - ;:
Contractors Mclnnls sVKeed are well
under way with the excavation for the
new Multndmah Amateur Athletic club,
and will get at the superstructure with
in a short time. . Tho clubhouse Is to be
an Immense structure. If will bs com
pleted and ready for occupancy on or
before November 1.
, Other big building projects! are in
contemplation ; for the immediate fu
ture, including a half blook structure, 10
stories high, for Upman, Wolfe on the
west side of Fifth street between Alder
and Washington. A It story building
for the Mallen syndicate at the north
west corner of Park and Morrison, and
a, 12 story office structure on ths Trim
ble" property at the northeast corner of
Fourth and Washington streets.
iron fttory Brick oa Stark Street. V
Ground was broken last week for the
Loeb building, a four story brlok struc
ture to go up on the north side of Stark
street between Fourth and Fifth streets.
Joseph M. Healy owns a lot at the
northeast corner of Park and Morrison
streets, having a frontage Of 100 feet
on Morrison street and 60 feet on Park.
It Is understood that his purpose now Is
to Improve the lot with a four story
building, ths foundation to hare suffi
cient strength to carry six additional
stories.
Ths projected Improvement ' of the
northeast cornsr of Fourth and Wash
ington streets remains In a somewhat
ehaotle state. The property belongs to
Mrs. C. A. TrimbU, but was leassd to a
local syndleats for a SO year period upon
condition that a 12 story building be
sreoted on the lot Some thne last fall
ths syndicate holding the leass exca
vated the lot and put in the foundation
of the building, but for three months
no further work !as been done. It is
understood that Mrs. Trimble will pro
ceed In a short time to carry 'out the
plans of the syndicate by improving the
corner with a 10 or 12 story structure.
BBlargemsnt of 2MleigH Bunding.
April 1, Harry Wood, lessee of the
three story Raleigh building, at the
northwest corner of Sixth and Washing
ton streets, will begin the alteration of
the structure, which includes the addi
tion of three stories, making it a mod
ern, six story building;. Mr. Wood ex
pects to expend about $50,000 In enlarg
ing and altering the building.
Speculation is rife among local realty
men who operate In the district south of
Morrison streets, as to the outcome of
the projected theatre and hotel which
Charles Sweeney, the Spokane million
aire, announced he was to build for the
Klaw Brlangsr syndicate. It is known
that a contract ws signed last August
by Mr. Klaw and Mr. Sweeney's local
representative, which , provided for
erection of the structure by October,
1811.. Novr, however, that the theatrical
warfarebetween ths Klaw it Erlangar
syndicate, and Cat Heillg has been ended
by a contract allowing the production of
K EN
If you are working in or near Kenton you should have a home in this new tract, because
you can save your car fare each day, which amounts to the interest on your lot. Just think .
this over. v:w-.; ;' - ' :':A', : A AA-AA Ai'AAA:- V;:- '''-AA'X -;';
"This addition is in the center of Kenton and borders on the great manufacturing dis
trict. There are several large ' factories in operation at present, and three of the larger
ones are within 200 feet of National Addition. . ' , -' , s .. ; j
.1, . i M-p. , .1 .1 . " ' - 7, , V f
If you are an investor or a homeseeker, you should lee this beautiful tract; and select a loca
tion before all the choice lots are gone. A large 'number of people are .visiting National .
Addition every day. " ' " " s "
Call at. our office and get a, folder showing the exact location and views of the factories
and business , houses adjoining. ' Or fill in th: coupon below and mail it to us today. .
: u Our salesmen and automobiles are' at your disposal, ready to take you out to the tract
at a minute's notice. '- ' 1 ; ; ; , ' '
520 Railway Exchange
the Klaw & Erlanger plays in the Heillg
theatre, It Is announced from New York
that the Klaw Erlanger people have
ool use 1 o t Atheatre- Jn,PortlandMr.
Sweeney says hs Is going to Improve his
block at Fourteenth and Morrison
streets , according to his contract, with
Klaw A Erlanger. The announcement of
the signing of a peace treaty abrogating
the' contract is dally expected, f
One of ths finest examples In Port
land of the -skill of .the construction
engineer is to be seen In the 8 story
half block warehouse which is going up
for the John Deere plow company ' at
East Second and East Morrison streets.
Ths type of construction is what1 Is
known as concrete skeleton. ."Th," en"
tire frame of the structure Is ons solid
piece of concrete, reenforced with steel.
Brick ; s .being tie in, the ; exterior
walls. Ths concrete work was , com
pleted last f week, and ths bricklayers
are now. running up. the walls. ,
. Within the next 60 days durable con
struction on Grand avenue to tho value
of approximately $250,000 will be under
way. Two of ths new Grand avenue
buildings are being erected by W. L.
Morgan and' the, other by property own
ers - on 'sites between . East Morrison
street and Grand e venue.
P0IXC0UNTY-PI0NEER W
- : DIES At AGE 0F 70
(Salem Boreas of The Journal. 1 ,
Salem,. Or., March 11. John Emmett,
a Willamstts . valley pioneer of' 184J,
died suddenly, last night as a result of
a sudden attack of heart fallurs. .. Hs
ate a hearty supper, but a few minutes
afterward the attack came, and at 7
o'clock he was dead. i ,
- Mr. Emmett was 70 years of age. He
settled in Polk county upon arriving in
Oregon,, where he farmed extensively,
He leaves a widow ana one son, cneriee
Emmett ' The funeral will be held Mon
day; at 2 o'clock, ' Interment ibelng In
Rutaell cemetery In Polk county.
John Emmett Is the 'second pioneer
of 184S to pass away within a week at
baletn. Mrs. Mary Porter ' Logan died
at the home of her brother. Judge Wil
liam Waldo, last xWednesday;v'.;-,sft'!s
OF THE
UTMOST IMPORTANCE
TO YOU
Should b the telecfing of your
future homesite. Would it be
good policy for you , to choose a
site in a district where the im-
provements are NOT IN BUT
TUST PROMISED, or would
you display better judgment by selecting a site In
a district where the IMPROVEMENTS ARE- IN
and where the better class of home-builders are con
gregating." . -' .:-
0?er 70 Homes Contracted
. This record alone should be
portance of first investigating our LIBERAL DISCOUNT PLAN
TO HOME BUILDERS before deciding on a homesite. One hour
of your time will be sufficient to carefully investigate this building
plan. Let us hear from you today. We will call tor you at any
hour to go and view this park. East Ankeny, Montavilla or Rose
City Park cars. , . ,
Either Phone for Full Details or Cut Out and Mail Coupon Below
XiAtruunmsT cc
saa-se oorbstt Bidr .
-. . Porttand, Or. ' -
Gentlemen: Kindly send me new elty
details of your plan of assisting home
Name. .........
; city or Towny
NATIONAL ADDITION
Name
Phones: SI'
Marshall 2248
Address
mm msi'
FOR SHORT CAREER
North Plains, Founded a Few
Weeks Ago, Boasts City;
- 1 Conveniences; ,
North Plains, on ths United Railways,
claims , the distinction of having made
more progress ths last 0 days than any .
new town In the northwest Bora a lit- -tie
more than two months ago, the town
now boasts or us own watsr ana iigni- .
lng systems, street railway transporta-1
tlon , to Portland! graded streets, side
walks, ta water ' tower, , modern depot, r
lumber yards, restaurants. ' ' general ,
stores and more than 20 buildings either
complete or In the course of construe- j-
tlon.
With tho completion of ths Cornelius
Gap tunnel, 4000 feet long, the" running '
time from Portland to North Plains will
be ; reduced to i0 minutes, It ' is ex
pected the trains will bs using this tun- :
nel within three weeks. ; The tunnel. Is .
built through solid rock ana Is probably .
one i of the most expensive places ' of '
work of the kind ever undertaken for
an electric line. ; " , 1
Several large buildings are 'planned
for North Plains. One of the first will
beer brlck-bulldtnr to-houss - a' general -store.
. The more enterprising " cltlsens -have
taken steps to organise a commer
cial club, and a " weekly paper will be '
established within the next 80 days. A
number; of the large farms hate been
cut up into five acre tracts, and several ;
industries are said to be headed for ths ,
new town. , -
m
,
for in Lacrelhiirst in 70 Days
sufficient proof to you of the im
Main 1803
a-iois
map. plat of "Laurelhurst" and fall
- builders.
Street No... .. . . ,
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ootxyow
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11 AD
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ON
OO-OrrXATXTB XJBAXTT OOh
520 Xallway Xxohaage, Fortiand, Ore.
Gentlemen: ' - -
Please mall me literature descrip
tive of Kenton-Natlonal Addition.
Homa of L. K. Moores at East Fourteen th and Wasco:
. ;. .. T
t S.W
fv"