REALTY HE m ah ip nnnnnccn. Committee's Report on the Ex . ' change Project: Deals .With : issue at Length; Meeting to . 4 Be Held Monday. ;: .- , v Th detailed plana for operating ft ' real estate exchange have been worked out byjthe executive committee of the Portland Realty . board and were sub mltted to the board In the fonn of ft . rsport at Its regular weekly meeting at tfce Portland hotel flast Monday, . ; ' .-While ft comparatively email number . of brokers agreed 1 to become members of the proposed exchange It li believed that a majority of the dealers' will fall in line following tomorrow rntetlng of the realty board,' when the plansub mitted by the executive committer will . come up for general eMscusslon. The fol- lowing la the full report of the'commitH tee: . .',r,:V,::.'"5,.-' "We advise, ths adoption of the mul tiple plan of listing, which worka out -as folio we: A member who baa an ex ' elusive selling contract ,on ,a piece of ' property and wishes to list it on the exchange, will fill out ft listing card provided for that purpose and send It .to the exchange, The exchange secre tary will then make copies of that list ing, leaving off. the name of the list ing member, but giving it ft number In stead, which number this - particular listing will retain thereafter. A copy of the listing Is then made and sent to very member of ths exchange for his exclusive uss and ths propsrty remains listed on the exchange until the ex piration of the time limit of ths con tract, or xi n til ths property is sold or withdrawn. .v " '." -;V The advantages of this system will be apparent to all board members. For example, a member having a call for property in a certain district can refer to his file and see what is listed on the exchange, and If a suitable property appears there, he . catt quote the same to his client without further trouble. When he has made' this quotation, In order to protect himself be will imme diately send, the exchange a T. D.Q., which means "this day quoted," giving all necessary details, Including name of trie client, and this notice shall be filed In the exchange office so that if a sale Is effected . to that particular client and , the' broker is the first 'one "to. quote "him ho will be en titled to his proportion of the commis sion'. . We recommend that the commis sion be divided on the basis of 50 per cent to the selling dealer, 46 per cent to the listing dealer- and 5 per cent to the exchange. ' , . Settlement of Disputes. "In ths event that ft dispute should arise-between members In regard to the payment of commissions or other realty matters, it is suggested that an arbitra tion committee be appointed, consist ing of possibly three members, one se lected by each party to the transac tion and the third, by these two, "For the present, jywing to the cost 01 uisinouiing listings aauy, we recom- mend that a distribution be made twice s week. "Ws believe thst all members of this board will dtslrs to become members of the exchange, but membership in ' ths exchange Is optional, but Is restrict ed, however, strictly to members of the Realty board In good standing. ''If this exchange should grow, as ws have every reason to believe it will, It will be necessary to employ an assist ant secretary, who shall devots his en tire time to the work. There will also be required a stenographer and ft separ ata offics, so that it Is not Improbable that ths expense will reach perhaps $209 per month. .Ws do not think It wise to Incur any such expense to begin with and therefore suggest that ths ex change pay our present secretary a rea sonable salary to start ths exchange and get It In running order in his own office for ths present. By beginning . In this way, ws believe that ths estab llshment of ths exchange and its main' tonancs will not cost over 1125 ner month, although there will be soms lit? mat expenses requirea in securing au- fillcstlng machine and other necessary tems of equipment, . . 1. Cost of Membership. "To cover the cost of running ths exchange, ws recommend- thst ft mem bership fee of S2 be imposed. Also monthly dues of $2. . This last item may not be necessary In case that exchange fees are sufficient to cars for current expenses. The income of the exchange wilt ds composed of S per cent commit- Inn tn ul tA ,h.A...i. h ... .w W . W.VW ...WV .til SfUQil ,.tV W change, and also a listing fee of 10 cents for each listing will be charged. "The real estate exchange and the ex clusive selling Contract ara practically Inseparable, and ths two must bs worked together. With the . establishment of this exchange all objections ' herstof ore made to granting exclusive contracts should disappear. Ths usual objection to giving an exclusive contraot la that ths owner deslrss to place hla property In the hands of several brokers. If ths gsnt desiring to sscure this contract can -tell the owner that his property ' Will ' be' listed on ' the exchange and tnerorore accessible to all trie best br ok- srs in ths city, hla objection' Is no longer tenable. If an owner should not desire this his property bs listed on the ex change the clause In ths oontrsdt which tans for so listing it can bs struck out. Ws believe that the establishment , of this exchange will have a tremen dous effect In stimulating realty busl peas in . this . city. : -. , ... -. i -. 60 Members Xsaulred. "The foregoing. is merely-sn outline of ths plan which has been put into suo- . ressrui operation in many other cities, If it should be decided to start ths ex change here, there will be many details to be worked out carefully, but it Is - executive committee to start this sx Changs as soon ss fifty (60) members Sign up io it. - Thereafter if any mem bar desires to make suggestions, they can be made to the executive oommlt- tee in writing and ..taken up at the proper time. . : - j ,i ', (Signed) "8. N. STEELE. .: , . T. PARKER BRTON, ' -,.;r---: ' . 7 "C. T, PR ALU , .jf . , ' ,; fC. H. : LEHMAN. Z ) WmTWS' ' CHAFING NORTH BEND, OR., DOCTOR ; ' FALLS HEIR TO $100,000 " (Special to Tbs Journal, t ' v t Marshfield. Or., Jan. II. Or, Hollis tar; a physician of North Bend, has re ceived word that he has fallen heir to ft fortune of $100,000 left him by an un cle who was, a New Tork banker and Who recently died. Dr. Holllstsr has been practicing in North Bend for some years snd is well known throughout the county.- 1 , s SITE CtliJnRblEO ... BY SCHOOL BOARD Purchase of Entire East More i land Block Made From the Ladd Estate. M As the sits for one of the first of the new fireproof brick and concrete school buildings to . bs built In this city, - the scnooi - board, at lis last meeting, confirmed the purchase of the entire Eastmoreland block No. 81, In accordance with the offer f. of F. ,N. Clark, selling agent for . Ladd , Estate company owners, :4:,Xi;v. : i .This Is In accordance- with ths' recent policy of the school board which aims at acquiring in advance large building sites at first cost, direct from the orig inal owners. In. this way many diffi culties are eliminated, much time la saved and the large extra expenditure usually necessary in buying a site, lot by lot, from Individual owners, is ren dered unnecessary. . In ths present case the fact that ft very largo number of homes in Eastmoreland will be occupied early, next year, made - It clear to the board that a new school for the dis trict should be built without delay. : The Eastmoreland block is (10 feet long and Is situated In a commanding location between East Thirty-fourth Elegant new home of Charles and East Thirty-fifth streets and Rex and Lambert avenues, and is within two blocks of the terminus ' of the Eastmoreland ear line. To the south within one block Is the Crystal Springs boulevsrd and one block to ths wsst is Reed College place, the 90 foot center parked boulevard leading to tne main entrance of Reed college. The area of this school block Is II, 000 square feet, which places It among the largest of the sites that have been acquired for school purposes. It is stated that In Eastmoreland alone there are sufficient large building sites to accommodate 1200 families, so It is ap parent that ft school building of the largest sises . should bs taxed ' to ca pacity with pupils sxclusively from this district. TS Explained Why So Many So - Called Fireproof Buildings . Destroyed; Journal Safe. Did you ever" notice. In the reports of the big buildings destroyed by fire, what a large portion of the fires Origi nate In basements T" remarked ft well known Portlander, while dlsousslng the destruction last week of ths Equitable Life building in New York.- "Yet how simple it would be to confine these fires to ths basements Where they orig inate, if the elevator shafts were stopped at the first floor level Instead Of carrying them down to the basement floor, as is dons In 99 out of every 100 buildings in the country." . -The published accounts of the 'fire thst destroyed the Equitable Life build, lng last Monday stated that ths elevator shaft acted as ft perfect flue carrying the fire with lightning speed to the up per floors and putting ths f lamss be yond ths control of. the firemen within 0 minutes after the fire was first dis covered. The report of this fire was Identical with that of nearly every big building that has been destroyed in this country for years where ths fire origi nated In the basement Always the f lamss leap up ths .elevator v shafts, (drawn by ths upward draft, setting firs to ths woodwork on each floor and making It practically imposslbis for the firemen to- lombat the conflagration. Nearly every big building in Portland has this defoct of elevator construction. One exception, however, to the general rule in this city will be The Journal's nsw building, which Is under construc tion at Seventh and Tarn hill streets. In tnat structure ths elevator shaft will stop at the first floor level, and ths only communication with the basement will bs by means of stairway. The stairway In the new Journal building sxtsndlng from the third floor up will be snclossd In ft concrete stair wall with automatically closed fire doors at sach floor landing. This will render It prao tlcally impossible for a fire to travel upward from floor to floor, as all com munication will bs shut off, and ft fire in ths bssement of ths pew building can be absolutely confined below the first floor. . The ; Journal building will be more nearly fireproof than any othsr build ing in Portland because of this arrange ment of the elevator shaft, and the fact that ths staircase Is snclossd In a eon crate well. In addition to these prscau. tlons, the minimum, amount of wood is to be used in the building, the door frames and wtndow frame being prao tlcally the only combustible material to be used In Its construction. - fY'i ;(t ' L , u ' ' " K " - 1 ' - I ii ' " " s j I i . i i 2f " j jL- j; Y" ssh ':' 1 J'Ll j I - . is ::f (s ELEVATOR CAUSE DISASTERS (if ' I - . ' Y" 1 ' I ' ' ? j f'- '"v i T - ' ! I ' . J it 'i ! i I - i . a 111 . I t , V "1W . I w - r" I I . Ir ' ' Residencft of J, W, King of OldB, Wortman & King, BARLEV SELLS AT A Lew) s ton, Idaho, Jan. 18. The record price of 2.10 per hundred for barley, was paid this week by C. Weifigerber, proprietor of the Lewiston brewery. The central Idaho and eastern Washington barely crop way sold this year at prices ranging from 11 to $1.70 per hundred, the bulk of the crop having been sold before the prices passed the 11.60 mark, The purchase made by Mr. Welsger ber comprised the crop of William Von Berge, of Camas prairie, to whom was awarded the grand prise on barley at the National Brewers' association con vention recently held In Chicago. Mr. Von Berge received s cash prlxfl of $100 for the excellency of his product and the distinction attained brought him flattering offers from all of the big breweries of -the United States. Mr. Weisgerber was one of the first bid ders to enter tha field for the Von Berge crop but the competition arising from itern breweries forced the nrlce UD to the $2.10 mark before the safe was fin- ally made. The price paid establishes a new record "for Darley throughout the central iaano ana eastern wasnington sections. FRUIT CROP SAVED FROM REAL DAMAGE Wall Walla, Jan, IS. That fruit was' not damaged a particle by the cold snap that has lust ended is the opinion of all the fruit experts of the walla Walla valley. The .trees were in fine conditions, the shd being- driven well Jnto the ground by continued chilly weatner. ana mere is oenevea 10 nave been absolutely no damage done, al though this is the coldest winter the valley has known for several years. 'There was no damage done to fruit," says District Fruit Inspector C. L. Whitney, who has looked Into the matter. "Not even peaches have been hurt, and I believe that there, will be an unusually good crop of all kinds of fruit this year. The trees wers In un usually good condition, and I have no fear about the cold, weather. There la but one thing that could damage bow, end that la a late rroat next sarins:. a.s this valley Is quits Immune from this, I feel confident In predicting ft big orop this year." The report that peaeh trees were killed by the sero weather Is found to be absolutely without foundation. Trees of all kinds came through in good shape, and are now In good condition to withstand any further weather that may come. The January freese Is the coldest of ths season, as a rule, and now that It haS been passed there is lit. tie uneasiness on ths part of the fruit grower. . "" ' : - ' Order How, ne-Uay-Old OUoxjs, - . -' 2" ot - Spring Deliver . RECORD ARODND $2.10 :2SnW:rr::- ,:s': Acre Fonltry'- rearms -' JF: ,(Wi Teach rioul the 1 , 'Business. Cooperate 1 m , in buying and selling., nostrOTS oo. - 1 l 108-J Spalding Bldg. . V ita. . Portland, - lf , I JVj"- Oregon, ' gr y H. Bagley, East Twenty-fourth strt, East Ninth and , Multnomah, Building Permits Oay Lombard, repair fireproof rein forced concrete office and store-building, 109 Fourth street, betwsen Btsrk and Oak; builder, Hurley-Mason com pany; $200. Mrs. Madge Williams, repair frame dwelling. 426 Sacramento street, betwsen OffoceiT Bill tliBiBKliit Do You Want to Reduce YOUR Cost of living? Come LIVE end of near Thotopon. TTnlon avenue and East Sevenths build er. A. Rollroan; $160. . O. W. Oerle. erect one story frame office, Howthorne sveous, betwssn East Thirty-first and Thirty-second; builder. R.B. McFarland; $400. Frt( Vita A Russell, reoalr seml-flrsnroof saloon, southwest corner Burnsias ana Second streets; builder, William Otcbsr; iiooo. - ' E. B. White, erect one and one-half story f rsme dwelling. Elliott svenue, be tween Jtsircn ana central park; Duuaer, same; so. .--v- J. Allison, repair ons and one-half story frame dwelling. 824 East Twenty- rourtn street. Between ocnuyier ana U.....I.. k..iu.. f-i Tii n.j . , 1 rt D. Rott, repair one and one-half story frame dwelling, 488 Mason street be tween wintn ana Tenth; builder, u. tr. reaerson; C. vv. Michael, electrical wlrina- for one and one-half story frame dwelling. 136 East Seventy-second street, between Oliean and Hassalo; builder, same; $45. H. Falman, electrical wiring for one and one-half story frams dwelling; 104 Kasi Bixiy-eignm street. Between un san snd Flsnders; builder, ssme; $25. Rabuck A Crum. erect two story or dlnary stors snd apartments, East seven ty-secona street sna nrty-nrth avenue: builder, asms: $8000. ' W. W. Amburn, srsct one story frame barn, 186 East Eighty-sixty street, be tween root ana tiawtnorus; ouiiaer, ssme; $200, Star Drilling Maohlne company, erect one story frams building, East Four teenth street, between Clinton and 8, P. railroad; builder. Peters Manufactur ing company; $4600. ' Sara E. Tonsey, ereet one and one half story frame dwelling, ' Delaware avenue, between Holman and Portland boulevard builder. D. Cheney: 81626. H. F. Froh, repair one and one-half story xrame aweinnc. ozo rourteentn street ana cole; builder, J, J. Bus; $100. . & ai.ci mJHt . cv. uno via,, j . I Klliv a weuing, usst isineteentn street. De tween Brooklyn snd Tibbetts; builder. O. W. Oilbert: 81600. J. A. Patterson, er(ct one story frame dwelling. East Nineteenth street, be tween Brooklyn end Tibbetts; builder, O. W. Oilbert: 81600. A. Benson, erect footings and base ment retaining wall for 12 story fire proof steel frame hotel building, south went corner of Seventh and Oak strsets, builder, Sound Construction A Engineer ing company, $10,000. American Investment Co., repair two story frame dwelling, 1285 Twelfth street, between Ainsworth and Holman; builder P. O. Marks, $100. Plttock & Leadbetter, erect one fire proof steel frame sign board, foot of "out Sunday: wtyH show you and SAVE in this beautiful tract. Take the . Parkrose car, at-the Yj the Rose City Park line. No fares collected on the new: line Sunday. . . . Belmont street on river front, builder, Psdflo Sign Co., $100. t . . i r - ' , - Hertsohs r Bros 1 rspftir three , story ?illl oonstrusted stors arid warehouse, 04 Pine street, between Fifth and Blxtlt, builder, E. Melton. $300.,- , ? T. Miysgema, repair frame barber and Everett; builder.. B. Williams, $50. ,;agar nutcnuaon, repair two iwry frame store, West svenue between Di vision and Sherman; builder, 0.1 Wt BU sell'; $3000. ..,- ' Unltsd fltstes Cashier Co.." erect one storv frame building, .Columbia boule vard. between Derby ' and ' Fenwlck; builder, Portland Concrete Pile company, $1000. '. :,f . t , J. c. - Ottle. erect' one and one hair story frame dwelling, 1361 Kerby street, between Ainsworth and Simpson; build r, Clinton Bros., $2000. - - F. W. Wascher. erect one stonr frame dwelling, (4$ Rodney avenue, . between Russell and Knott; builder, sams, $45. unaries . ewsnson, - srect - ons siory frame barn, 1133 Delaware avenue, be tween Jessup and Ainsworth; builder, sams, $500, Vf ' . i Sterling Trumsn. srsct one : Story frame - dwelling, Esst Thtrty-thlrd street, between Kelly and Lavtna ave nue; builder, R. Y. Freeman, 6U. Irish Ladles' .Endeavor society, re pair two story frame building, Fifth street between Sheridan and Arthur; builder. I. Lyaen. $600. Beck Investment Co.. repair frame stors, J4 Oak street, between Seventh and Park; builder, WV X -Buckner, $90. Mre. Davis, erect one story irama bam. 1136 East Twenty-seventh street. between Emereon ana Kiuingswortn; builder, a. v. usrung, xbo. Mrs. F. Aliesrsm. reosir one story frame shop, 84$ Market street between East Third and Union avenue; builder, Frier Metal Co.. $6. . S. Sllvsrfleld. reosir two story brick stors room. 28 Morrison street, between Fourth and Fifth; builder, Relnhart & Riepl. 12000. Otis Brooks, srsct one storv frame barn, los East sixtietn street, Between Gllsan and Flanders: builder, same. $50. C Lv Woods, srect ons snd ons hslt story frame dwelling. East Forty-first street, between Fremont and Klickitat; builder, sams, itooo. L. H. Lentch. electrical wiring for one story i rams dwelling, is K.euy street mi liner, umi. iiv . Carl Olson, electrical wiring for on story frams dwelling. 391 Holland street, between Rodney and Williams avenue; builder, same, 811. F. BicKis. repair one story . rrame stors, 14 Ask street; Duuoer, m. j, Beisnsr, $(00, .... Wataon. renalr three story brick ho- t.l mnA atnraa. - southeast corner Sixth snd OHsen streets; builder, H. a Ross. I1S7R. The Macleav estate, erect four story ordinary warehouse, northwest corner Nlneteentn ana upsnur sireeie, ouiiuor, Hurley-Mason Co., $36,000. H. O. Wllles, erect one story frame dwelling, East Thirty-ninth street, be tween foweii ana rrancis; ouiiaer, a Lane-. 21200. Mrs. Schoolman, repair one story frame grocery stors, 76 First street. between Artnur ana juaaer, imuaer, a. V. Born stein, $1(0. ESTMENT ft LONG TIME LEASE An Investment syndicate headed by Qeorge T. Moore, ft local realty oper ator, has secured long- tlms lease on a lot at the northeast corner of East Thirty-fourth snd Belnont streets as site for ft three story combination store and apartment building. The ground floor of ths projected struo ture, work on which is about ready to begin, will be divided into small shops and each of the upper floors will be arranged into two and three room apart- ments with private bath. The esti mated oost of the building is $16,000. Plans have been drawn by Architect W. H. Cowan for ft two story brick apartment house to bs erected for M. snd C Llnebaugh at the northwest cor ner of Chapman and Mill strsets. The building will cover a 80 by 100 foot lot and will contain 33 two room apart ments. Ths improvement is being made under the supervision of M. E. Lee, agent of the Linebaughs. PARKROSE and explain how. SECURES OLDEST HOUSE IS V: III IIEMSEY ' .! ' : 1' ' - w2"siesisBjssjBssess4ssSBlsj ,j . rf, .,.-, Structure at Bloomfield Said to -Be, More Than 250 . Years Old.', ' One of the oldest bouses, If net the very oldest residence ,1a ' the United SUtes, is ths Cadmus , homestead In Bloomfield, N. J.. according to the New j Tork Evening Post.. '"V:' Xiyd 'rr i This ancient structure is said to be . mors than 350 years old. " The builder. . Thomas Cadmus, settled on the Faseaio river In, 1634. He received - from the English crown ft grant of $000 acre of land extending from . the ' Paasalo to : Eagle creek. In the center at this tract he built In I6S7 the house which af ter. ; wards became famous "Washington's Headquartsrs." . .-..'('.- " Ths oldest house in the stste or new York is that built by Frederic PhUlpse, who, at that "time was one of the richest men on the American continent ' Ths Fhlllpae manor house, as It Is now called, was built near Scarborough, on the shore of one of the bays border--lng the Tappan Zee, and later, in 1884. he erected a grain mill at the mouth of ,. ths Pocantlco rive while the promo itory mill law was sff sctlve to prevent tne maaing or sewing ox riour bjwoo In the state except on Manhattan island. This monopoly Is recalled by the seal of the city, which displays ths sails of ft windmill and two flour barrels. V What la nrobably the oldest house in Connecticut was sold recently and will; be replaced by ft modern homestesev if i. x -.laoa htillt mnn than 800. years ago at Orson Farms, which Is reported to be the only house that the British left standing when they crossed from Long Island and burned every Deo itabls structure between the sound ad Danbury. -. . T DOES PORTLAND INJURY "The American Contractor," trade paper published In Chicago, puts ' the k,itM1n Mnnttt taanibl in -OArtlsnt. lut vur at 217.000.000 Of I UIUHIV VI. uvaw'. more tnan sz.ouu.vuu tese ua actual sum. Whon ft mistake of this uud u Anna mftA. h mn tmnnrtant an . ..... ... . . i , it.. authority as the American Contractor, It is airncuit to ever overcome iv nu the probability Is now that In every statistical table printed throughout the country of the building activities of 1812, Portland will suffer by this mis- sbvST ln tn tha tmarlnrl Tontrset- . or, Los Angeles led all other Pacific coast cities with a total of $23,000,000 , of new construction- for the year nd -ft 8 per cent gain. San Francisco's to tal was $31,000,000. Portland's true figures were $19,152,373. which was a loss of about f 1,700,000 from the to tal nf ibia. County Clerk Flies Candidacy. ., (gpwtal te The Jonrnal.V Eugene, dr., Jan. 1$. The first nom inating petition for the April primaries in Lane county was filed yesterday by County Clerk Stacy M. RusselL who seeks renominstlon at the hands of the Republicans. Mr. Russell is serving his first term, having been elected in 1910 on the Republican ticket by large ma jority. you can RADE PAPER'S ERROR