; SUNDAY : MORNING. JULY V 10, 192T7 -
THE OREGON STATESIAN, S ALEAl, -OREGON
The Story of A New Salem and How the Wise Ones Were (Mistaken
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LAV
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Wise Ones All Wrong
Several months ago Mayor T. A.
Uvesley said he had a' mandate
from, the people to build bridges,
construct sewers, Install an incin
erator and give the city adequate
fire protection. The wise ones
who knew all about the Salem
voters, said ..the Mayor waa all
wrong, and that t the. June 28
election, the people "would vote
against everything except possibly
thei Incinerator. v 'f ' x :'
"The wise ones were all wronger
The mayor was right.- The people
voted for cHy beautiful in the
' way of bridges. - They . voted for
sewers. They voted for the ln
.cinerator ami for better fire pro
tection. The old time voter who
always, voted NO was snowed
under. There is a new Salem aris
ing and the people sanction im
provements going up.
Upward Trend of Real
Estate
The wise one who thinks lie will
just wait and pick upTsome good
real estate bargains In Salem, is
doomed to be fooleC again.
i tVby? Becauee within a few
years, Salem will have uniform
concrete bridges, adding greatly to
the present beauty of the 4-ity. Tflie
narrow, rickety wooden bridge is
doomed to go.
Again ; why? With adequate
sewers, with a modern Incinerator
and with improved fire protection,
all parts of the city will develop.
The day of flooded basements will
pass.
No wonder investors are putting
their money in Salem real estate.
REALTORS
!- Anderson -A Rupert '
. 168 South High Street
Louis Bechtel :
341 State Street
A. C. Bohrnstedt -
147 North Commercial St.
Becke 9t Hendricks
189 North High Street
II. E. Brown
103 S. Commercial St.
Leo X. Chllds
320 State Street
Lelac H. Ellis
320 State Street
W. H. Grabenhorst & Co.
134 South Liberty Street
Gasklll & Earle
166 South Liberty Street
Geo. W. Hubbs
Silverton, Oregon
K. Burgard Kugel
J 75, South High Street
W. G. Krueger
147 North Commercial St.
The Man With A
Headache i ;
a ...... t
The man with sort of heiulache
is the one who thought. 8alem,was ,,
a good city, but hie didn't think
hard enough to ' Invest in Salem
real estate. ;
He stands around and says: "I
could have bouglit that business
lot five ream ago for $0,OOO. Last
week it sold for 920,000. cash.M -
"This house and lot was sold
five years ago for 4,900.t Jnst
a short time ago prominent law
yer, just as an investment,- paid
!),500 for the property. .
"See that little wooded tract
along the highway? Weil four
years ago it was sold for 9500 an
acre. The owner Is now offered
91,000 an acre and won't sell."
Is Real Estate A Good
Investment?
,The ; only safe answer as to ;
whether ' Salem i real estate is a
sound investment, are actual sta
t Istics showing Uow t he cit y has
been growing the past ten years.
The following are the actual build
ing "permits issued In Salem;, -
Year
1917
1918
JOIO
102O
1021
1922
1923
1924
1925
1920
jr. t
Amount
I ' 79,0.SO
4G.200
144,5.10
455,590
533,420
1,073,400
-1,283.632
1 .731,210
1,704,935
2,094,104
Building permits in Salem, Ore
gon, or tli- first half of the year
1927 amount, to SI, 607,085.,
SALEM REALTY
L BOARD
;-An VAssociationof
Realtors"
SALEM, OREfcON
L. . OBEHER -. .
' President ;',:t .
WALTER rKNXIXGTO.V
Treasurer .-
WINNIE PETTY JO H N
' Secretary " v'h;:v-:
DIRECTOR Y-
E. A. Rliller
208 Oregon Building
Lee A. McAllister
134 South Liberty St.
MeGilchrist & Pennington
209 U. S. Bank Building
IS. E. Obf rer ,
13 4 South Liberty Street
Gertrude J. M. Page
492 North Cottage Street
Winnie Pettyjohn
175 South High Street
Richard L. Reimann
"147 N. Commercial Street
Victor Schneider
228 Oregon Building
George Thomason
320 State St.
S. R. Tandy
Jefferson, Oregon
Ulrich & Roberts i
129 North Commercial St,
IThU nin will ba nsd aeh week hv th Snlpm R.iitv nn.tti thnrnitvhi rnnintine the neonlft of Marion anA Polte counties in reeard to why they should recognize the .Realtor and to our present resources In farming and mercantile
' ' 1 . - activities, and as toour potential possibilities, and the fact that there Is no more favored spot in the whole United States to live than right here in the Willamette valley.. Watch for the next advertisement one weea irom today). c; s
Your Eastern and Middle Western Acquaintances Will Appreciate Receiving the Choice Listings of Salem's Leading Realtors on This Page. Tear Out and Mail to "One of Them,
M'GILCHRIST & PENNINGTON
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' 40 acres, 2 miles east of Marion,-, good soil, improved,
price $2,000 and terms.
9 acrest 6 miles" from Salem on pavement, spring water,
fruit. 5. room house, big barn, price $2,500 and will take city
property. j" - - - '
9 acres. north on gravel road, 4 miles, improved, fruit,
price $4,500 and will take home in Salem.
'Splendid 10 acres, 2 miles out on good road, all equipped
with crop, stock, farm machinery, chickens and household
goods and will trade for Salem home.
40 acres, one of the best improved and equipped farms on
the Silverton highway, -worth $12,000 and will trade for Sa
lem property and carry balance.
McGILCHRlST & PENNINGTON
' Realtors .!
200 V. H. Bank Bldg
Phone 1 40
Choice Business Location
If you are looking for a choice business location,
either for investment or for business purposes, I have
a fine business lot 56x165. Can secure a 10 year renter
for back half at a very profitable rental.
Sheep Ranch Bargain
I Jiave 188 acres-of fine pasture and farming land
within 12-miles of Salem for only $7,500. Can accept
$2,500 clear trade as first payment.
A. C. BOHRNSTEDT
Realtor Loans Insurance
- 147 North orhT St.- Salem, Oregon
9 acres of good land, running water, buildings. Close
to paved road, $1600, only $600 down.
87 acres, well improved, 2 springs, fruit, berries,
buildings, north of Salem. $6850. Good buy.
$1500 to loan.
Notary Public Fire Insurance
H. E. BROWN, Realtor
109 South Commercial-
Confectionery and Restaurant
Splendid Buy at This Price v ? . .
1 Acre With Modern Country Home
' Near City Limits ;
See Us About These NOW!
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Insure With the
NIAGARA FIRE INSURANCE COMPANY
GERTR ODE :J. M. PAGE,.Realtor
492 North Cottage Street J.YY , Telephone 1186
Plenty of 5 Money
for Willamette Valley
Farms
ANDERSON & RUPERT
Representing Equitable Sav. & Loan Ass'n. of Portland
1 69 SouthHigh St. . Phone 1644
WHAT IS HOME?
To you. to your wife, to your children What Is Home?
Is it a place of dignity and permanence? Is it a thing of
beauty beneath an open sky does it stand apart among its
worthy neighbors, possessing Individuality, character, even
personality, and with a bit of nature's own loveliness about it?
If It does, then you have done mucii to insure the present and
future happiness of those in whose welfare you have most vital
interest.
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. "tVrtaiHljri-Mo "rltjMfUBrtiiient, however spacious or costly, .
;' can "ever bev 'fai thw'fnlleM senw, jour home.
We have home to sell ranging in price from llJOO to
915,000. With our experience we should Ik; able to help
you select theright one.
RICH L. REIMANN, Realtor
318 U. S. Bank Bldg, Phone 866
GOOD BUYS
2 1-4 acres, sewer, electricity, city water. Will cut
into ten large lots. Absentee owner will sacrifice. $750.
10 acres, 1 mile from citjnknits, east, all in cultiva-r
tion, small house, electricity, paved road. The right
location for a poultry ranch. Snap at $3200. Easy
terms.
6 1-4 acres on paved highway, close in, attractive
modern house, hwd. floors, fireplace, new plumbing, ,
dlectric ; lights, fine oak trees and variety of berries,
fruit and shrubbery. A nice country home for less than
real value. $6500. Terms on part.
WINNIE PETTYJOHN, Realtor
175 S. High Street
EXCEPTIONALLY GOOD FARM
114 acres, 6 miles north of Salem, on good road, paved
most of the way, good set of farm buildings, water system,
good well and running water on place. &0 acres under culti
vation, balance pasture and timber. This farm is in the fa
mous Lake Labish district and has 20 acres of choice Beaver
dam land on it that brings near $1,000 cash rnt each year
and would bring four times as much if you would work It
yourself.; There is also 10 acres of filberts, 5 acre3 of berries,
24 acres jof flax, and a good family orchard.
lVice 92I.OOO with fenns. Will take Salem home
up to 93,000 as part
FOR GOOD BUYS IN FARMS SEE
320 State
Street
EoM.CmwsGo.
REALTORS
Phone
1727
Exchanges
Good Portland home for acreage near Salem.
Modern Salem home. Will take car or lot as part
payment.
14 acre tract near Keiser school for modern home in
Salem.; .
For Real Values In Exchanges See
W. G. KRUEGER - Realtor
147! North Commercial v Phone 217
SPECIAL BARGAIN
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160 acres located 10 miles South
of Salem.. A good red hiirrarichj ji
suitable for sheep or any kind of
fruit, part in cultivation balance ;
timber and pasture, old build-'
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ings. Price f or quick sale $65.00
per acre. $500.00 down, bal
ance reasonable terms at 6 per
cent interest. See
W. E GRABENHORST & COMPANY Realtors
134 S. Liberty St., Salem, Oregon
f- Telephone 515 r
VICTOR SCHNEIDER CHRIS SCHNEIDER
"The Firm of Real Service"
There never was a time when investments in Oregon
farms, Salem and Portland properties were better than
right now.
A Salem income property that will bear the closest
"investigation and is a money maker at $75,000.
Another at $40,000 brings $600 per month and will
take & good farm as part. J
' In Portland we have them; from $25,000 to $1,000,
000. Some will take farm land or timber holdings. We
offer here only the highest type properties.
? s ; As to Oregon farms, you canjiot afford to buy be
" fore you see us. We' have them from 1 acre to 25,000
; acres and they are lown to rock" bottom in price..
Acreage or suburban home sites, where our archi
tects, will design your home to 'order. ; ( 'I J .
AIM
To buy, sell, trade loan or borrow .money-, and
" all kinds of insurance, see us . j
VICTOR SCHNEIDER - Realtor,
22S Oregon Cuiliinj?
t Telephone 673
Greatest Trading
Organization
ON THE PACIFIC COAST
We have ovei3000 properties listed for ;
; exchange. Every kind of property, every
price, every location, i We can. match your.
exchange EXACTLY. If. you would like
to trade your property TODAY, come 'in
TODAY.
Hardware business doing about $100,000, business
a year. Priced at $40,000. Will trade for good clear
farm to value in Willamette valley. Store will stand in
vestigation, i - , i -
' ; - Have good hotel in good town and doing good busi
riess: Will trade for clear farm property.
5 room plastered house and garage close to , State
'street. Will trade or small acreage or will sell cheap
Garage and service station doing a good business.
WiU trade for good farm " t . T " .
100 acre ranch, 50 acres in cultivation, good build- .
ing& rricc $11,000. , Will trade for Salem property. , .
, GASICILL & EARLE, Realtor - -166
South Liberty Street Phone 2242
Res
i
ponsible
nters
You can buy a home from us like rent
; Low interest
Drive by these five homes
Three are brand new
All are vacant
333001 768 Court Street .
,$4150-940 Highland Avenue
54350 930 Tarrierack Street
e. i (Block West of Hollywood Theater) 1
$5150780 N. Summer Street V
' '$5250980 Tamerack Street
BECKE &HENDRICKS,Rcaitor3
XS0. North High Street
Phone 161
Real Estate and Insurance -v.
: V
i.
Hoines.and Farms Bought
? and Sold, Leased and
: Traded ; " . .'
New fully modern 4 room bungalow and garage for
sale at $2600; $200 down, balance like rent. - "
. 06 acres with .good 5 room house and barn, 35 acres
- under plowj miles from Salem. Price $8500, easy
payments, or will take house in Salem.
A beautiful suburban "home and 5 acres at $10,000, '
easy payments. , - . . . -
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6 room bungalow; near new junior high school, price
$3200. Will take car in trade. ; '
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If you have anything to trade tell Us about it
ULRICH & ROBERTS
129 North Commcrciallstrcet . ! Telephone 1354
American Fidelity Building