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About Capital journal. (Salem, Or.) 1919-1980 | View Entire Issue (July 28, 1925)
THE CAPITAL JOURNAL, SALEM, OREGON PAGE SEVEN Salem's Building Expenditures Now Gain Steadily and Fast TUESDAY, JULY 28, 1925. Names of the upstanding and stalwart citizenry of the city of Salem whose reliable information, fi nancial assistance and moral support has made this issue of the Capital Journal one of the fore most and important news paper features ever issued in the Northwest. Alphabetical Arrangement ARMY & OUTING STORE "Your Satisfaction Is Our Success" -Everything for the Workingman and Camper 189 North Commercial Street, Salem, Oregon Next door to Busick's ATLAS BOOK & STATIONERY CO. Manufacturers of Rubber Stamps Typewriters Typewriter and Adding Machines Repairs and Supplies 465 State Street, Salem, Oregon ARMY GOODS Men's Work Goods and Shoes HILLPOT&SON 305 State Street BONESTEELE MOTOR CO. Dodge Brothers Motor Vehicles Service First 474 South Commercial Street Phone 423 KENNETH J. BROWN SPORTING GOODS Athletic Supplies, Fishing Tackle, Outing Clothing, Guns, Cutlery, Golf 173 South High Street Between State and Ferry, C. & C. STORE Located at 254 North Commercial Street Being Out of the High Rent District Permits Us to name Lower Prices Groceries Dry Goods and Men's Furnishings DIRECTOR'S DEPARTMENT STORE Salem's Largest Department Store "Better Goods For Less" FOSTER & BAKER Reliable Service Store GROCERIES 339 North Commercial Street Phone 259 HUTCHEON PAINT STORE . Paints Varnishes Wallpaper 154 South Commercial Street Phone 594 HUNT & SCHALLER Dealers in FRESH AND CURED MEATS All Meats at Lowest Possible Prices 163 N. Commercial Street Phone 1900 They Will Pass the Two Million Mark in 1925 Compared With $549,290 Spent in 1920. They Grew 276.7 Per Cent in the Past Four Years Which Is An Expression of Financial Faith in the City and of Growing Confidence That Restoration of Peace Is Assured By Richard L. Rowe Cities that Really Grow MUST Really Build Houses. And the Construction Must Go On Expansively. It can't be expected that the Rale of addition of new buildings will be as fast in times following the disorgan ization caused by a great war as in favored times of peace. But with Restoration, New Construction has to go on, and it should grow steadily... In case of Salem, that has been true. Here is the official record from 1920 to 1925 taken from the city Building Inspector's reports: Salem's Building Record from 1920 to 1924, Showing Number and Value: TABLE 3 ' 1920 No. Homes Built In Year 74 Yearly Value of Horoca 175,230 Yearly Value ol All Penults 459,290 1921 135 323,350 633,020 1922 233 $ 645,200 1,082,270 279 1,285, C23 1924 283 $ 944,080 1,731,210 Tho first six months of 1925 totaled $1,102,325 In Value of Building Permits In the City of Salem, rate of $3,324,650 for the year. It Is certain that the Two Million Mark will be passed this year. Gain In 4 Years. Amount Per Cent 209 2S2.4 $ 768,850 433. 7 1,271,920 270.7 That Is running at the Gain of Salem's Building Expenditures Visibly Measured CHART D THE' FOLLOWING CHART LINES Show the Comparative Yearly Growth of This City's Investments in New Structures from 1920 to 1924 and the Reasonably Certain Minimum Outlay for 1925. The Four-Year Total in Value of Permits Rose from $459,290 in 1920 to $1,731,210 in 1924 arid for the First Six Months of 1925 They Were Making a ?2,324,G50 Drive Close to the Two and One-half Million Level. The 1920-1924 Pace Was 276.7 Per Centum for All Buildings and 438.7 Per Cent for Homes Alone SALEM'S YEARLY BUILDING TOTALS WERE FOR- 1925 $2,000,000 (by First 6 Months) 1924 $1,731,210 1923 $1,285,632 1922 $1,082,270 1921 $533,020 CII'IIWHHWI j 1920 $459,290 These Chart lines are accurately graduated. They express tho spirit of . Salem's General Expansion Movement in All Departments as well as in Building. It will be seen that every factor featured in Table 3 has been strikingly Progressive. The number of Homes enlarged from 74 in 1920 to 283 in 1924. The Gain was 282.4 Per Cent in 4 years. The Yearly Value of expenditures went up from $175,230 in 1920 to $944,080 in 1924. The Rate of Increase was 438.7 Per Cent. And, the Yearly Value of All Expenditures, for all kinds of structures, rose from $459,290 in 1920 to $1,731,210 in 1924, and in the first 6 months of 1925 were driving at the Rate of $2,324,650. The city is moving into something like a normal confidence in the financial conditions of state and nation, and feels safe in making permanent investments. It is a very reasonable, and is a safe prediction, that Salem will pass the $2,000,000 level in Building Construction Expenditures in 1925. Is Fine to Look At Stated in cold print, those figures do not impress the mind as clearly as when measured to the eye in pictorial form. That is done in Chart D, with this article. No one can look at the lengthening advance of those Chart Lines and not realize that Salem is Moving Onward and Upward. And the pace is cheerfully fast. Cheerful because of the proof of progress the movement demonstrates, and of the very important fact that people of means are of opinion the War is over and it is time to get permanently at work. Capital goes into new buildings because it has CONFIDENCE and Confidence is the mainspring of all developments. Thus, we have the evidence of the banks at home and in the Nation generally; of the Postal receipts on the same scale, and in the tendency to make larger and more numerous structural improvements, that the better times of Peace are at least surely approaching. In fact, are in part here the Beginning is Assured. When people generally FEEL that way, a large part of the hesitation that has stood in the way during the past four years will automatically disappear. Perfect Financial health to America and the World will come slowly, and a3 the result of wise counsels, real industry, sufficient farmcrops and rehabilitation of the welfare of the farm popula tion, which means Old Fashioned American Pluck and Push. There IS Gold at the End of the Rainbow But it MUST BE MINED 1 American History Made There This, Marion, county is shaped like a gigantic boot. The leg is about 40 miles long and lays east and west. The boot-top emJr. up against the Cascade mountain range, with Olallie Butte (7,243 feet high) and Mount Jefferson (10,523 feet tall) sort of acting as bootstraps. The foot stands on its heel back, the toe pointing north against tho Willamette river. Salem is at the corner of the heel and instep the sole occupant there. The Willamette river bends westward across the boot toe, curving southward, then northward, and then takes its general course southward toward the head. Right where that south curve is lowest is Champoeg, whero on May 2, 1843, 102 settlers, pioneers, Empire makers, met and by vote, 62 to 50 decided that this Oregon country should be American and not British. That little majority of two practically annexed Oregon and Washington to tho United States. Metaphorically, the Marion county Boot (that was to be) kicked the British Lion out of this Great Northwest! That was a vote with a Kick to itl Names of the upstanding and stalwart citizenry of the city of Salem -whose reliable information, fi nancial assistance and moral support has made this issue of the Capital Journal one of the fore most and important news paper features ever issued in the Northwest Alphabetical Arrangement "Eat Honey and Milk Bread" MODEL BAKERY 121 South Commercial Street HENRY O. MILLER Automotive Parts NEW PARTS FOR ALL CARS 184 S. Commercial Street, Salem, Oregon THE PASTIME Confectionery, Cigars and Tobaccos. Modern, Airy Cards and Pool Room Patrick & Michels 129 S. Commercial Street Phone 1344 JOHN J. ROTTLE ".Walk-Over" and "Cantilever" Shoes 415 State Street, Salem, Oregon SALEM PUBLIC MARKET Fancy Groceries and Meals Fruits and Vegetables Always Fresh State and Commercial Streets FOR QUICK SALE HOTEL Situated in heart of business district, Salem, Oregon. Sacrifice for cash. Good paying business ready and assured. Vrlto at once Mrs. C. M. Stewart, 381 State St., Salem, Or. THE SPA CONFECTIONARY AND GRILL "Salem's Finest" "When Better Automobiles Arc Built Buick Will Build Them." New 1926 Buicks Aug. 1, 1923 OTTO J. WILSON 388 N. Commercial Street, Salem, Oregon WHITE SEWING MACHINE CO. "White Is King" RENT SELL REPAIR Ask About Our Free Dressmaking School 221 South High Phone 208 WOOD'S AUTO TOP CO. Our Glass Enclosures Give Closed Car Comfort Auto Glass Service and Auto Painting Prompt and Reliable Service 205 North Commercial
