THE OREGON SUNDAY ; JOURNAL POftTLANtv SUNDAY MORNING, JANUARY 20, 1913.' M.'!i2l.iUX! ACOUSTIC IDEAS IN iFROMTABERHACLE Famous Mormon Structure at Salt Lake Studied- by : Lee 1 De Camp, Architect for the ''ff All outside'..: scaffolding hiding ths ; tiew Empress theatre at Seventh and r Yamhill : streets will be removed in a ff day or so and .the handsome ' $$78,000 J show house will shine In all its ivory beauty on the site which has been k , bustling with the ; excitement of eon o atructlon work for the past year, The new theatre is far nearer completion ' : than revealed by a casual glance from the street, and It la now certain that , M playhouse will be reaay for its first show March' 1.- ' -I The heating and ventilating plant of the theatre en oil systems-was. com V4 pleted several weeks ago, and the plant .'has been In operation day and night I . in the process of drying the treatre for 31the decorators. All the plaster and jty"stucco work is in place and the decora ot tors will begin their task tomorrow, M the interior scaffolding . being left ,i standing for that purnose.Jk feature-of . . L- - a . .... II I ' . ... . if " siucco jneutiiea in me new ineaire is that, it is all molded and not sawed :; to fit, as is usually the casa Every W . KU . . - I i . . . m i Mil oi . stucco , dm Deen insiauea, ana , because of the molding system followed ' not a single rough edge protrudes In any of the wall or celling decorations. The decorative colors to be used throughout the -theatre -will be Ivory, gold and. tan, and these hues will pre- dominate in all the embellishments, , from the lower floor to the highest point in the gallery. The 30 boxes are V, complete and In .their three colored 'beauty shine as f particularly bright spots in the rising playhouse. It "Is . expeoted that the Interior decorating will be complete within 15 days. Then , the interior scaffolding will be removed In readiness for installation of seats, . -'-.scenery and other theatre paraphernalia r which is all stored pending completion I of work by the decorators. The mural decorations are painted on canvas and will be placed on the walls as they are received from tha artist. The acoustic orooertles of the new v1 Empress have been pronounced perfect by Lee De Camp, architect and builder, 'wno naa emnooiea pians louowea in the Tabernacle in Salt Lake City in the .construction of the Sullivan & Const dine theatre here. Before undertaking construction of the Empress Mr. De Camp made a long study of the souna qualities of the famous Mormon audi- . tortum. ,,; , Mnrhlo wIM ppffn In,, tha, new TTCmprfHB from the lowest floor to the highest All the wainscoting Is of marble, four feet high, and the heavy, highly pol , ished material will border every stair way In the theatre. The seating capacity of the new Em press will be 2000, and the seats have ' been designed to vary In width from , 20 inches to 22 Inches. All will be up holstered. " ' H. W. Pierong, manager of the Em press, left for Seattle Friday night on business in connection with completion of the theatre. Probably within a year the members of tha Irvlngton club, at East Twenty first and Thompson streets, will be m a handsome new building, to take the place of the present clubhouse. Plans for the raising of a fund with which to build this structure have already been discussed, and at the annual meeting of the members last week, when officers were elected, it was announced that $250 had already been received to be used as a nucleus for the fund. - The present clubhouse Is said to be too small for the club's needs, and with an added membership of 120, for which a campaign -has- beeiu atarteiL-amuch larger building will be necessary. While only a general Idea of a plan of the proposed new building has been outlined, it is stated that the club will cover more ground than the old build ing, and will be probably a story high er. Everything will bo most modern, and will be one of the big features on (the .east side of the river. FEDERAL OWNED POSTAL TELEGRAPH SERVICE URGED (United Prest Leaeed Wire.) '. Sacramento, Cal., Jan. 25. The Cali fornia assembly went on record today as favoring the establishment of a govern ment owned postal telegraph system to be operated in connection with the mail service, wnen it adopted a Joint resolu- : tlon requesting congress to enact such legislation. The memorial sets forth that the gov ernment could undoubtedly operate - a public telegraph service at rates consid erably below those charged by private corporations, as well as provide better facilities. New Failing School t 'i ii hi t f SI MIL vnnm mniTtiri nnrrv iffi new fei&rr ar, New Falling school building at Front and Hooker, streets. This magnificent school building, which has cost $180,000 to erect, will be ready for occupancy on February 10, when school opens for thtsecond term. Prpctlcally all the .work haa been completed, except finishing touches. .This structure, which is "U" chaped, is 18Q1 feet square. Tiie grounds will be improved about this building at a cost ot 120,000. Workmen Rearing Scaffolding From .: . is . -4' ' - ..' ' ; I F": iff I ' ' ' 1 ' ),1 f " r i i New Empress theatre at Beventh and , , moved increase in Land Values Alone Ample Financial Guarantee That Plan Is Success, De dares William E. Harmon. That playgrounds pay for themselves by increasing land values Is the con tention of William E. Harmon, prominent and wealthy realty dealer of New York City, who strongly urges that the prac tice of devoting one block in every sub- poses. In an article printed In the Sur vey for the Playground Association of America. In order to determine the oplnon of those who should be familiar with the situation, Mr. Harmon put the follow ing hypothetical question to six lead ing realty dealers: "Assuming you were about to de velop a tract of suburban property for residential purposes; .that said tract contained to or 40 acres; that in the center of the tract the city had laid out a small park of four or five acres; that said park fitted perfectly into your street plan, as shown by the accom panying diagram; assuming that If the park were not there the average retail price of the lota over the wholo par cel to be $1000 each, what effect would the park have upon the land in "A," "B and. "Q" represented In percent age of increase or decrees on tha av. erage inside lot value of $1000?" In every instance, the promoter de clared, there would be a substantial Increase, the only variance being in the amount, which wae estimated from 26 to SO per cent Zand sines Considered." "Small public parks, If intelligently planned," says Mr. Harmon in the arti cle, "may be taken from almost any residential land area at the beginning of the period of active development, without loss to the owner or developer, or expense to the municipality in which they are situated. , Obviously, if this contention can be established it opens up the door to an almost unlimited ex tension of a certain type of jmbllo park. "In order to bring the fact out clear ly It will be necessary to go somewhat into the inner workings of the subur ban real estate business. I will take up the first relative cost of acres and lotsland values at wholesale and at retail. A sueoessful real estate devel oper must follow fairly closely the fol lowing figures: "Cost of land and physical improve ments thereon, 40 to 45 per cent of total selling price. "Cost of selling and collection, 25 per cent of total selling price. "Cost of maintenance, carrying Charges and profit, 26 to 25 per cent of total selling price. "These figures are given only to show approximately the average successful development; there are variations in very high-priced and very low-priced real estate, but these figures will an swer our purpose. Intelligent Planning Zfecessary. "Upon the- foregoing basis the actual cost of a lot of land with physical Im provements completed represents say K-n Per cent of total selling price, and to sustain our theory we must secure this amount from the increased value Building Will Be Ready Next Month Piif'O W .mw.. a & 5 O x ff? t X M Msjnswsy fsy-jsn---w-o . v c ft fc , iM Ut 1. f II E'il.j:4ft.. ..ii,; I . m all I 1 "'t-Z I ; f ! ., I i S i - ex.. r--:::J4L i Yamhill streets.- The scaffolding ,T--v;-v,"2'';:Vv:vi;:-.'3,v I 3 1 Jii I I Hid I 1 f w I inn ;irl early this week. Work Is being ruBhed. Segregation No Burden on Landowner IIIM'III HI STREET ft & 8 -:; & 9 ? a ? " 8 1 "aL 1 STREET XL Map showing typical park, 200 by 5 of the lots adjacent to the land segre gated for park purposes. "The first -requisite to success is in- p1)lirfT'ti rlf "'rgi 3th 11 pBrlMi mvptn be distributed eo as to give the great est value to surrounding land, and must be laid out of such size and conforma tion as to distribute their burden of cost over as wide a district as possible. These park areas should not have a greater width than the depth of two lots; in other words, the width of a city block. In New York City that will mean 200 feet; in Chicago 266 feet. In both places the principle would, operate equally well, as It is the number of lots and not their size which measures the burden. The length of such a park, properly planned, would be from 400 to 600 feet, though this may be extended somewhat without a serious effect; at least, until the length reached 700 feet. "Having our typical park thus In mind 200 to S00 feet In width (two lots; and 400 to 600 feet in length- let ua proceed to the distribution of Its cost on the adjoining land. "Whlle l have repeatedly -demon strated to my own satisfaction that these small parks give to the surround ing land an increased value sufficient to offset their cost, I realize that my own conviction may not be shared by others, and as it is difficult to get satisfactory data on the parks already m existence, for the reasons hereafter stated, I concluded to submit a typical park plan to a number of the most competent real estate developers, with a hypothetical question as to the lnflu en.ee that such a park would exert on the surrounding land if incorporated in a development or their own. Diagram Shows nan. "As these men set thev price at which tha publio-purchases-their -real estate, and do so through an expert knowledge Of the conditions, and as they are sub Ject to loss if their opinions as to value are in error, it would seem that such a consensus of opinion would approxi mate the truth. "At the beginning of this article I have also stated that hypothetical ques tion and the valuations given by six of the most prominent real estate men accessible to me at this time. The typical plan is ehown in the diagram. "It would seem that this testimony of independent operators would demon strate my proposition beyond dispute, but If further evidence is desired it will only be necessary to examine any number or paries, from the center to the circumference, in any number of cities, keeping always in mind that an increase of value of 20 to 26 per cent in the land immediately about the Jjark (as distinguished rrom the land and buildings) will wipe out the land cost of ray park in a new district. The difficulty of getting data of any value rrom existing parks in built-up sections comes from the fact that they are almost invariably of the wrong shape to support my proposition, and, further, fed; i IB . awl ; ii rw f.fyi LI ' I V 111 New Playhouse Tr;.v;'-.V v.:;:-.- ., , ...si.Uhf . Ul Til IT kbout this structure will Z C n 00 feet, size of lots 20 by 100 feet. that the land values are retail values, as distinguished from wholesale values. Lands Fronting on Parka. crease shown in the lots Immediately fronting the Dark, a second question was asked as to the effect of such a park over the whole tract. The opinions ranged from 'definite sentimental value' to 15 per cent In .the .writer's opinion the effect on land not'directly contiguous would be measured by In creased selling value as much as by the Increase in attractiveness of the whole proposition; therefore, no oon8id eration is given to it "Let us confine ourselves to the in creased value given to land fronting on the park and see how far this Increase offsets the cost of the land embodied in the park and the Improvement of the street surrounding the same. "Assume the cost of the land and improvements to be 45 per cent of the selling price, $1000 per lot Taking typical park shown on diagram: "fin lnts tnkpn nn bv nark at cost of S450 each ....$22,500 "60 lots in tr increased izso - each (minimum percentage of . Increase shown in estimates). 12,600 "40 lots (20 in 'A' and 20 in 'B') Increased $250 each (minimum percentage increase shown in estimates) 10,00 "Total increase in value of sur rounding land $22,500 lUalmnm Figures Used. "It should be noted that I am using only the minimum figures furnished by my appraisers; the average would be considerable in excess of these est! mates. Furthermore, I am not taking the benefit of the increased valuation of-Xorners,which . wouldL.ba somewhat In excess of inside lots; nor any in- creases in the main body, of the land, which might either be measured by an increase in price or a decrease in sell ing expenses. "Variations in the length of the park would, of course, affect the result, but hot appreciably till 700 feet la reached, which should be the maximum length for a park of this kind. "If you will, however, accept, my type of park, my statement of relative whol sale and retail values, and the testi mony of disinterested practical experts upon the effect of parks on adjacent values, you cannot escape my conclu sions. "It would be hard to estimate the economic value of my theory in avoid ing the wasteful expenditure of publio moneys in the purchase of grounds for park purposes. If its correctness be admitted it will strengthen the work of those engaged in playground propa ganda, and it would solve the problem of certain' kinds of open spaces in the cities of the future. So Borden oil Landowner. "There are two directions In. which the data shown In this report can be made available. One Is in its applica tion In the business Interests of those engaged .in the work of suburban real estate development, who are naturally anxious to get the beneficial coopera tion of municipal authorities. I know of no public act which would result 4n a deeper 8nsa Of-appreolatioh or stronger disposition to cooperate than the voluntary gift of lands to cities. The second direction is in the use of these facts, supplemented by further in vestigations, to encourage legislative ac tion in various states. This action could take the form Of permitting cTties to scgxgata.JandsXox-paxkpuxpaaeain. connection with future city : planning. the cost being placed on the abutting properties. If, as I stated before, parks are. intelligentlyplanned," f ronrtito"10 per cent of tho total area of unplotted ground within the borders of our cities could be segregated without any burden whatever upon the landowner. "PAY DIRT" IS STRUCK NEAR POMONA, CAL (United Fresi Leased Wlre.i Pomona, Cal., Jan. 28. Excitement was caused here today by the discov ery of gold made by Elshery W." Rey nolds, a Chicago publisher of Harold Bell Wright's books. v v ' "Pay dirt" was picked up by both the publisher and the author when examin-Inr"thaWeavalOnorfc'-'swImmIng pool, on of tha Improvements at Rey nolds' new home In the foothills near here. Aasayers say' that a big mining pro ject ran be launched. JleynoMs de clined to discuss his plans at this UOts. 1 e T ; k.;-Has J be re- SURVEY PROVES TAX ASSESSivlEHTS Logical Relationship Between Cost of Buildings and Val uations Recorded With As- ' sessor, Does Not Exist. " With the first, unit of the Portland real estate cehsus completed by Arthur I. Street, and in the hands of the Port land Realty Board, startling facts and interesting comparisons are brought to light One of tha results Is to show that there is no logical relationship be tween the cost valuations of buildings as officially recorded with the building Inspector and the assessment valuation of improvements as given la the records of the assessor. ' The first unit of this census covers a complete summary of realty develop ments of Portland for the six years end. ing December 81, 1912, In all additions to the city the names of which begin with the letter "A." The Journal has already published a summary of , a section of this report. The following data has been gathered from the completed report, which shows the maximum and minimum of. "the building activities in some of the dis tricts. One of the peculiar features of this report is that activity in building In one section of the city oould not be taken as an indication that there was similar activity In all sections. The maximum building period In Avends ad dition was In 1908 when the total was $22,000 and the minimum was in 180, when the total was but 83500. In Aik ens, the maximum was reached in 1911, when the total was $26,700, and the minimum was In 1912, when the total was $24,000. ...... Values Uore Than Double. In Alblna, the maximum was reached In 1911 when the Improvements aggre gated $108,974, and the minimum was in 1909, with $71,020. The maximum in Alblna Heights was in 1910 with $14,350, and the minimum in 1907, with $1100. The maximum in Alblna Homestead was In 1908 with $73,200, and the minimum In 1910 with $10,900. Alton Park, maxl. mum, 1912, $17,930, minimum, 1907, $1740; Arbor Lodge, even for three years from 1909 to 1912, at about $10,000; Ar cadia, maximum, 1911, $24,100, mini mum, 1910,j at $4900; Arleta Park, max imum, 1909 at $18,600, minimum, 1910, at $2000. Interesting facts can be gleaned from a comparison of the fluctuations In the average sost of the new dwellings In these districts, In , ilngaorth.,traf.t the averages grew from $800 In 1907, to $1900 In 1909, and then fell off to $1600 in 1912. In Alblna they grew from $1844 in 1907, to $3818 In 1912. This average was raised considerably by the fact that there were many flats and apartments erected In 1911 and 1912. ' In Arbor Lodge the average grew from $060 In 1907 to $1700 In 1912. In Avalon the average lnoreased from 8760 in 1907 to $1800 in 1912. In speaking of the result of the in- Every Stockholder is a Partner in this Business and Receives a Partner's Share of all the Profits Were you half owner of a grocery store, you would be en titled to one half the net profits arising from the operation of that business. Were you the owner of only one third, your profits would be one third. If you owned out a tenth, then one tenth of the profits would be your share. In other words, your earning.is in proportion to the proportion of the business that belongs to This company is incorporated for $2S0,000. If you owned $125,000 of tfii stock of the company, your income would be one-half of all the profits real ized by the investment of the company's capital in the building of homes, tp aging 10 or better per annum, or slightly over $12,000 per year. The pro portioft of the stock that you purchase determines the proportion of the i earn- ' ings that belong to you. There is a wise limitation provided by the Board of Directors of this company, prohibiting any stock holder from owning more than $10, 000 of its stock. By this method, centralized control is avoided, and the actual operation of the affairs of The stock of this Company is secured by the same collateral . ' as a banker 'demands. Shares are now $10.25 each. t: ;E " : Investors' Building and Trust Company ' BUILDERS OF HOMES . , 407-408 YEON BUILDING, PORTLAND, OREGON 1 vestlga'tlons,; Mr. Street said: "There were a large number of, permits Issued in 1907 and 1908 for temporary dwel lings to cost from $60 to $300, but these have diminished to such an extent that by 1912 this class of permits waJ almost extinct This can betaken as an indi cation of Increased Stability In home building as well as tha steady Increase of the prosperity of home building." ,' Assessments rail Short. , These figures show a big discrepancy In -the manner of making assessments of improvements. The proportion of the sasessed valuations of the new improve ments to the value of the improvements, vary all the way from 8.2 per cent to 67 per cent, while the law requires, that the valuation be at least 75 per cent Of tbs value. ' ,. i -'v, : , In Abends, for Instance, the average cost of dwellings was $2964, yet the assessed valuation is 11082,; This is but 26,6 per cent of the valuation of the Improvements. , ; , : In explaining this condition, Mr. Street said, T do not pretend that tha figures yet arrived at constitute either a stricture or a vindication -of the Method' of making assessments In this tlty, but. we have gone far enough to show that there is no logical relation ship between the records in the building inspector's office and the assessor's of fice. ' "Our figures cover only the dwell ings erected since the beginning of 1907, and take no account of those already in existence at that time. "Neither does it include the cost of new business structures. . They do show, however, that In Abends addition on the east side, where the new buildings con stitute 80 per cent of all improvements, the assessed valuation on improvements is only 86 per cent of the average cost of the new buildings.'-: In AJnalea Place, where the new dwellings constitutes 66.6 per cent of the total number of im provements, the assessed valuation is only 2E.8 per cent of the coat of the f ytt new buildings. Some xnteroBtlXLf Comparisons. "As en. Illustration of disproportion on the other side of the fence, our fig ures show that In the Alnsworth tract, where the new dwellings constitute 15.5 per cent of all the Improvements, the assessed valuation is 64 peroent of tha actual cost of the new buildings, "In Alta Vista, one of the star sec tions on the West Bide the ration of the assessor's valuation to the cost of new buildings is 60 per cent, and these new buildings make tip half of all the Improvements. Again In Ardmore, an' other west side choloe district, the as sessor's figures are 67.4 per cent of the actual cost of the new dwellings, the latter amounting' to over 86 per cent of the total lmuroyements, while in Avenel, on the east slue, the assessor's ratio runs as low as 6.2 per cent "In Albion, the valuation made by the assessor runs at 20 per cent of the total cost of new buildings, and in this dis trict, the new buildings only constitute 34.5 per cent of the total Improvements. In Alroy, the valuation is about the same ratio, but the percentage of new dwellings to total Improvements runs un to 75 per cent ii'Pleaae de not-get. the Impression that this book has any intention of doing anything except presenting twmptled figures for the purposes of j study and analysis. I hope that the assessor will find them quite as useiui as win prop erty holders, and If they servo any pur pose in the way of throwing light on the vexed problem of municipal taxation, I shall feel that the enormous work in volved- has not been in vain." Journal Want Ads bring reaults. you. , , the company rests with the stocte holders at large, through a regularly elected Board of Directors. There- -fore, whatever amount of stock you purchase, from $100 to $10,000, that amount determines the percentage of therjompany8 irofitsthatTrecni to you. It is eminently fair. REALTY fMiLI 101 MIILV" II hi- UULOUillOlt llRffllSK: Country Transactions Report ed From Many Sections of State; 440 Acres of Fruit Land Sold for $75,000. From all points in the state coma optimistic reports of activities In the realty . market, in the sals of timber, farm ' and town properties. ; Many Im portant deals weremade during ths past week, according to ths reports that have been racetvad here. . , The acquirement of approximately one-fourth of tha entire Kinney's addl- tlon to Roseburg by the Himes a Oli ver company from A. Crcason for a con slderatlon of$45,000 was one of the most Important deals of the week. The new owners' intepd to continue ths sale of ths property. - Many important deals have been made at Newberg, but In most of the trans fers that have been filed for record but nominal considerations are shown. . The report of the sale of 440 acres of fruit land near Nyssa by F. O, John son to tha Idaho Trust A Title company, pf Boise, for $75,000, Is an Important Item noted, -EH.' Test and H. M. Grieg, of Nyssa, hare sold to Charles K. Mar- shall, of Texas, 120 acres of raw land on Shoestring Ditch for $10,000. - A sal was made last week In the office of C. A. McKenna A Co., ot Portland, of a section of land in Llnooln county, by Francis L McKenna to Borero. for $6400. This is an undeveloped tract, suitable for pasture land, and ths own er intends to develop It for stock aa4 dairy farm. " , W. B. Kahler, of Central Point,' haa purchased an 80-acre farm in Bams Val ley for $3500. This place has 50 acre under cultivation. Lee Bllyeu, of Leb anon, has sold 40 acres of his farm to J, M. Ramsey, of Lebanon, for $8000. - C K. Marshall, of Hood River, last week purchased from F. L. Wood his farm at Balem for $23,000. This farm includes 283 acres, a large part ot whloh. Is cleared and under cultivation. As a portion of . the consideration, Mr. Wood aooepted a group of seven lots on Bast Twenty-sixth street, between Tillamook and Thompson streets. ; , v - G00DNOE HILLS COMPANY SELLS INTEREST IN LAND (BpeeUl to The Jursi. "' Ooodnoe Hills, Wash., Jan. 25. Sev eral transfers of Goodnoe Hills prop erty have been recently reported, ths iarrAa nf whtah la th sale of a nn&r- ter interest in the Goodnoe Hills Im- acres of which is set to apricots, al mond nuts and grapes. The price paid waa $22,400., William Mortrude, of Valley City, N. D., is the purchaser; and is very well pleased with his in vestment. The orchard is In a high state of cultivation, and rapidly in creasing in value. Bales of several 10 and 20 acre tracts of bearing trees are about ready to close, all around the $400 per acre figure.