The Oregon daily journal., January 23, 1921, Page 21, Image 21

j SUCTION THREE "fflK ) ' SnESNEWS
"i PORTLAND. OREGON. SUNDAY MORNING. TANUARY 23. 1921. k " -; ' '
PORTLAND REALTY
NEW HOME OF DR. WATTS ON WESTOVER
MARKET SHOWING
-
HEALTHIER TONE
Demand for Residence Property
C Continues . Strong, With Ab
sence of Speculative Trend.
. Th Portland realty market is
more healthy' In .tone than at any
previous
time during- the' past eight
years, according to J. A. Wickman,
head of the J. A. Wickman com
.pany. Riore Inquiries for homes are
being received than during January J
ol last jjear or the two preceding
years, according to Wiekman. and
there laj very little speculative buy
ing, the majority of purchases being
made by new residents or by renters
who have been converted Into home
owners. I
"I entered the real estate business In
Portland! in 1908." Wickman stated In
an Interview Saturday, "and participat
ed In the prosperous business harvested
by the Fred A.' Jacobs company through
the "boom' years which terminated in
tbe slump of 1913. It took the real es
tate business' about five -years to re
cover from the oversold market of 1912,
and I do - not believe the city ever
aain will indulge in such (a period of
speculative huying. The present mar-
Icet is healthy in tone and prices are
" .based largely on 'utility values."
The" -Wickman agency reported five
. - sales ot residence property on Thurs--'
day of last week, the aggregate value
being. $22,130.
RESIDENCE PEICE8 REMAIX FIRM
Present price levels , for dwellings
were creaien oy a sumumiea aemana
for homes and a shortage In new build
ing operations, and the price will not
recede (until the city 'catches up with
its' building program, according to Mr.
Ilohnart of Coover & Holman. "The
present rate of new building is not
sufficient to take care of the new ar
rivals," I Holman stated, "and the de
mand for homes certainly eliminates
sny possibility of prices taking a tum
ble In I the immediate future."
Among the recent important sales re
ported by Coover & Holman was. the
transfer of the V. W. Ferguson home
at 634 I Hoffman road to Ktrnest Thom
and wife for 17000; The firm also re
ported the transfer of 93 lots in the
townshjp of West Woodburn, the sale
being made by C. L. I'arrlsh, formerly
a prominent Seattle dealer, who has
taken icharge of the subdivision and
acreage department of the firm.
SUBURBAN PROPERTY ACTIVE
Tlighj price of "garden and -orchard
produce, no less than the high price
of homes. Is forcing the city dweller
suburban acreage. In the opin
io V-' Ku-nHnn. "Renvertnn T- ; 1
EOr. There have been many sales of
Small tracts in the Ueaverton neighbor
hood during the past year, and there
in no letup in the demand for coun
try homes- in that vicinity, according to
Swensin.
' Similar activity is reported from other
points, along interurban electric lines
runniiig out of the city. M. J. Clo-
hessy has handled a larger number of
transactions along the Oregon City line
this winter than during the correspond
ing period of last year, and he con
sidered 19 J 9 and 1920 record years in
suburban acreage deals.
8TRONU DEMAND FOR LOTS
i -r Preparation for an aggressive home
buildjrig campaign during the spring
and sjmpimer is reflected in the in
creasing number' of sales of vacant
Sresidehce site, . according to A It.
Johnson of the Johnaon-Dodson com
. pany. Activity in this line In the Pen
insula! district is gaining in strength
daily, j and dealers in other sections of
the city are. not behind in volume of
business reported. .,
Among the 75 transfers handled so
: far this month by the Frank L. Mc
,Guire agency, several were sales of
residence sites, and Ritter, Lowe & Co.
have disposed of several desirable par
cels of vacant property in the Irving
ton district. The auction sale of lots
in Laurelhurst addition served as a
strong stimulus in the homebuilding
program and resulted in a heavy follow-up
business in that addition.
CLATSOP
DEAL IS
TOL
COUNTY
MENS
UmBERMEN
Purchase .of 3200 Acres for
$1,200,000 Insures Opening of
Tract of Choice Yellow-Fir.
One of the most important trans
fers of. timber land negotiated In
Oregon during recent months was
announced Friday in the purchase
of 3200 , acres in Clatsop county by
the Inman-Poulsen Lumber compa
ny from the Oregon-American Lum
ber company. The tract cruises
350,000,000 feet of choice yellow fir
and the consideration is reported to
have been approximately $1,200,000
The timber is ; located along upper
Hock creek and is on the line of the
Portland, Astoria &. Pacific railroad,
an extension of the United Railroads
running from Wilksboro through the
heart of the Nehalem valley " to Ver
non i a, and thence up Rock, creek to
the east line of township 4 north and
6 west.
NEW ROAD TO OPEJf
. The United Railroad extends from
Linn ton to Wilksboro, a distance of 19
miles, and was leased during the past
year by the Oregon-American Lumber
company. Both lines are common car
riers. The new railroad. including the
United line, should be In operation by
July, according to Charles T. Early,
manager of the Oregon-American Lum
ber company, and prepared to handle
traffic throughout the territory served
by it
A spur has been built from the United
Railroad at Burlington, about four
miles north of Linnton. connecting with
the property of the Nehalem Boom com.
pany, which has acquired a large tract
or tana ana several miies oi waierr
front for the purpose of booming and
rafting logs. .. j
The OregonAmerican Lumber com-i
pany and the Inman-Poulsen company
will complete a private carrier road of
five or six miles from the western ter
minus of the Portland, Astoria A
Pacific road through the township in
which is located the main body of the
timber just transrerred and about 24,
000 acres adjoining,, owned by the Ore
gon-American company. . .
BIO OUTPUT AHEAD
! This will '.enable the two concerns to
carry on logging operations Jointly In
the Rock creek district, and their out
put, together with that of other opera
tions of the railroad in the Nehalem
Valley,-will insure an eriormouB amount
Of desirable lof fpr Portland and Co
lumbia river 1 nmber manufacturers.
I ThexJnman-Poulsen Lumber company
has been operating a logging camp In
Cowlitz county, Washington, for the
past 15 years, and will have completed
operations there in 1922.
The Clatsop county purchase was
made with a view of enabling the com
pany to continue logging indefinitely
having in mind the, enormous reserve
bodies of timber adjacent to the Rock
creek tract.
Negotiations for' the purchasing com
pany were handled by Paul C Bates,
who also represented the selling con-
Lumber Business
Still on Slump,
Report Declares
Production at 112 mills contributing
to the , report of the West Coast Lum
bermen's association for li'e' 'week end
ing January 15 aggregated 3J.29l.450
feet, or 61.S2 per cent below normal.
Orders and shipments are somewhat
greater than production for the period, .
but this does not signify an Increased
volume of business, according i to the
weekly bulletin of the association.
Orders received for the week totale.i
34.31fi.364 ' feet, and shipments aggre
gated 32,685,358 feet. Nw local - busi
ness totaled 1.829,198. feet,-and local da
liveries 2.&51.135 feet.
Unshipped rail orders on the books
of the mills at the close of business
for the week totaled 2480 pars.. Un
shipped domestic cargo orders amounted
to 69.233.503 feet, and unshipped export
.ut 3 years ago aie naa.- , 063.204 feet. -.
died the sale of the Dubois tract , oi . - ;
27,000 acres to the Oregon-American.
Lumber company for approximately
$4,000,000. This company was organ
ized as a subsidiary concern of the
Kccles interests.
Norway is planning the establishment
of a museum of the whaling industry,
Store Interest Iionght
Milton. Or.. Jan. 22. T. C. Klliot of the
T. C. Klliot Mercantile company has. pur
chased 'the Interest of F.-A. Oailoway In
the Milton Drug company. V. 11. Chas
taln, a former proprietor, will luv
charge.
Plans have been completed by DeYoung & Roald for a $15,000 honse to be erected at 2o8 fehenancloan ter
race by Dr. G. K. Watte. The site Is 100 by 100 feet in area. Work on the foundations is under way.
One of 'the most wonderful views of
the city and mountains to be had from
Westover terraces has been selected by
Dr. G. E. Watts in selecting the site for
his home at 258 Shenandoah terrace.
Plans for 'he house prepared by De
Young & Roald call for a two story
frame structure of stucco and half tim
ber interior. The basement, which will
be fitted (up with an entertainment and
billiard room, adds another story on the
side of the house facing the city, and an
arched gallery extending the length of
the house is accessible from the base
ment, i
The plans provide for 10 rooms, three
bedrooms and a large sleeping porch be
ing located in the second story and a re
ception hall, living room, dining room,
kitchen and sunroom on the ground floor.
A large breakfast room is convenient to
the kitchen and dining room and a
roomy garage has been nicely included :
in the architects' plans. The living room i
and billiard room are featured with mas- j
sive fireplaces and the house will be j
heated with a gas hot water heater. The 1
house is 40x50 feet in dimensions and
occupies a site 100x100 feet in area.
uonsirucuon worx aireay is unuer
way on the Watts house.
,out ' to
Ion of
Floor and Paving
Block Device Good
For Heavy Traffic
W. H. Hallenbeck, Portland inventor,
has just received his patent papers on
a new and useful floor and paving
bleck which is simple In manufacture.
The invention is recognized as of special
value for paving streets where heavy
traffic is expected, on bridges wnere tne
surface must remain in place and at the
same time combine lightness and dura
bility. 1
In its flooring purposes the inventor s
Idea was to make a block for heavy
machine shop and factory floors so as
to last a considerable period of time ; to
permit the attachment of machines
thereto without the ordinary objections
due to concrete floors, as well as obviat
ing destruction and dirt and dust other
wise caused. ,
A further object of the Invention is to
provide a floor i and paving block of
novel form adapted when a series of
blocks are laid. The aim is to produce
spaces between the upper and lower por
tions of the blocks adapted to receive
a filler, to connect , and bind the blocks
together, that they may be prevented
from moving up and down, backward
or forward, or in any other manner.
They are securely locked in place by
the filler.
' f-M.mi.lc IWUI lUfUUKII uws lunimmu m I ... -
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II 11 I ' '-: - "I I 1 1
Commenc
!
BRISK BUILDING
CAMPAIGN OPENS
New $750,000 Theatre Promised
for Hippodrome; Apartments
to Be Sold to Tenants.
Mining Convention in
Spokane February 28
SpokanY Wash., Jan. 22. Mining of
ficials frern all parts of the Northwest
and from Washington, D. C., will be
in Spokane to attend the mining con
vention which will open February 28,
according to L. K. Armstrong, chairman
of the convention committee. A confer
ence of the heads of western stations of
the United States bureau of mines will
-probably be held at the Same time. The
Metal Mining j associations of Idaho,
Montana, Oregon and Washington will
hold meetings in Spokane during the
week.
Albany Plant Is to
: Make Arch Supports
'Albany, Jan.- 22. Plans for the
erection of a factory that will be de
; voted to the manuacture of a patented
arch supporter invented by W. C. Burns
: of Albany, are announced. TRe build
: ing will be 15 feet wide. 60 feet
; . lori, and will be on a concrete founda
tion, according to (he plans, and it is
. expected that the structure will be com
pleted by Spring. Burns and John
s lleisbeck as partners will supervise the
factory, which they say will at ' first
employ 12 men. A site has already been
procured. Estimated capacity of the
proposed plant is 5000 sirpporters a day.
Homes Are Planned
' For Alberta District
U. C. Goldenberg announced last week
that he proposes to build 12 or more
bungalows hi the Alberta district. The
houses will contain five rooms each and
will be placed on the market at about
$3500. Goldenberg withdrew from the
building game !at the beginning of the
war but prior to that time erected more
than 50 residences in the city.
Announcement by Ackerman &
Harris last week of plans for the im
mediate erection of a new Hippo
drome theatre building to cost ap-
proximately $750,000, together with
other construction plans now under
way, would indicate the beginning
of a prosperous year for the build
ing trades in Portland.
Announcing the purpose of his firm
to erect a new theatre here, Sam Har
ris stated that the building would re
quire a site 100x200 feet in area and
that the location would be on Broad
way south of Washington street. Three
sites for the building have been ap
proved. Harris said, and the choice will
have : been determined within 30 days.
Construction work on the new theatre
will start within 60 days and the play
house is to be finished by autumn.
One of the sites considered by Acker
man & Harris embraces the quarter
block occupied by the Unitarian church
at the southwest corner of Broadway
and Yamhill street and the quarter
block adjoining on Yamhill and Park
streets, which belongs to the Corbett
estate.
Another possible site consists of the
quarter block at the southwest corner
of Broadway and Taylor street, occu
pied' by the Meier & Frank warehouse,
with either of the adjoining quarter
blocks. Other .property is available in
the same neighborhood and considerable
speculation exists among realty men as
to the location of the new theatre.
COOPERATIVE APARTMENTS
PROPOSED
Cooperative ownership of the pro
posed new 1500,000 apartment house at
Sixth and Madison streets will be of
fered tenants of the building, according
to announcement made last week, by R.
F. Wassell and his associates in the
building enterprise. The quarter block
adjoining the University club at this
location was purchased recently by Was
sell and Donald B. McBride as a site
for an eight-story apartment building.
Pians for the structure were prepared
by a New York architect and call for a
fireproof structure of the highest type.
It is proposed to offer apartments to
prospective tenants for a cash deposit
which would enable them to finish pay
ment on the installment plan in about
tfour years. Management of the prop
erty would rest with the tenant owners.
This plan has met with considerable
success in New York and other Eastern
cities.
EAST SIDE APARTMENTS PLANNED
A similar plan of sale will be at
tempted by L. H. Hoffman and E. M.
Rasmussen, who propose to erect three
apartment houses on a tract bounded by
East Hoyt, East Glisan, Twehty-fo'urth
and Twenty-sixth streets, one block
south of Sandy boulevard. The build
ings would be two stories in height, of
frame construction with stucco exterior,
and each would contain 30 apartments
of two and three rooms each. The
buildings are to be heated from a cen
tral heating plant detached from the
apartments and plans call for elaborate
landscaping of the. ample grounds.
According to Hoffman the two and
three room apartments could be sold to
tenants at minimum cash payment of
approximately $600 and the balance of
the purchase price spread pver a five
year period in monthly installments
equivalent to a normal rental. The in
itial unit of the apartment house plan
is under construction. The Malcolm and
Salisbury apartments at Twenty-fourth
and Sandy boulevard are similar in con
struction to those proposed.
ODD FELLOWS PLAN BUILDING
The quarter block at the southwest
corner of Tenth and Alder streets was
recently transferred by Samaritan lodge
Xo. 2, I. O. O. P., to the Odd Fellows'
Building association for a consideration
of $48,819. The association was organ
ized several months ago by the members
of Samaritan, Hassalo and Minerva
lodges and Ellison encampment of Odd
Fellows for the purpose of erecting a
building to be used in common by vari
ous organizations of the order. The
association also holds the two-story
building on the 50x100 foot lot at the
southwest corner of First and Alder
streets, the upper story of which is used
for lodge meetings. The association pro
poses to dispose of these properties artd
erect a new home on a site to be selected
by a building committee. i
&4
Box Factory Opens j
Grants Pass. Jan. 22. I." A. Robie. j
manager of tlie( Sugar Pine Box com-'j
pany jlant here, states that his factors I
will soon begin operation. Itobie saysj
tnat just as soon -as the Southern Cali
fornia fruit crop Is assured they will
commence running. He stated that there
would be in the neighborhood of 50 car
'oads of fruit in Southern California,
but that the orange crop will be some
what Jightjj owing to the lack of moisture
to bring the fruit up to standard size.
ALL'S WELL THAT ENDS
WELL
This is as true of bathing as.it is of
anything else. But the bath is not
ending well in truth unless it Is
finished in clean water. The only
practical way that this may be done
is with a shower bath. By itself
a shower bath is- a blissful delight
in all seasons. As the final act of
a tub bath, it is the crowning touch
of refinement and cleanliness. Real
ly nice people, everywhere, are rec
ognizing this and having showers
installed.
There is a type and size to suit
every possible requirement and
every purse. Of course, the water
may be warm or cold, as desired.-
ALASKA PLUMBING &
HEATING GO.
Now in our New Location.
363 East Morrison Street,
Make the Old Room New With
PERFECTION Plaster W all Board
The Original Plaster Wall Board for
. Wall, and Ceiling.
Fire retardent; strong; easy to apply. Can be painted,
tinted or papered. - t ;
" ' PLAIN OR PANELED WALLS
" TIMMS, CRESS- & CO.
Sole Distributors ! - 184 SecanJ Strut
Sell Your Vacant Lot
"Build a Home on, It"
A home built on your lot NOW will
Sell readily at a good price.
We can help you finance the
Proposition. Come up and let
us give you full details.
The following homes, built complete
on your lot, for prices stated :
Colonial Bungalows
3 Rooms Siza 20x26 $1850
4 Rooms Size 32x20 $2650
! 5 Rooms Size 28x34 $3700
i
Plans of All Styles and Prices of Homes on File at Our Offices
!ANUrACTUEEKSf -BUILDERS -DESIGWCJIS
Gordon Bldg., 283 Stark St., at Fourth
Portland Oregon. Phone Aut. 524-53
3
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Monday, Jan. 24
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at 9:15 A: M,
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: inn Omit
Eimftiura Stock
u UlJJbil ii ' USE o ia .
s.
No Exchanges, No Refunds
No CO.O.'s. No D
elfaleries
iris , '..
n
Third and "Vy ashington Sts.
Henry J J Ditter, Mgr.
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