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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Aug. 9, 1914)
THE OMAHA SUNDAY HEE: AUGUST 9, 1014 TIMELY REAL ESTATE GOSSIP 'Extra Efforts to Be Made to Entertain Wives of Merchants War Talk Scarcely Check Flow of Trantactiom. BXSIPEJJCES SELLING WELL Omaha Bank t l Follow Lead of K.a.t Mad Mill Sot nrd Yreelnnd-Wrirlrh Car-rnrr. W'kt Is occupying the minds of Omaha men a well na the minds of those of Burore and all the world. In spite of this, real estate has been moving In Omaha during the la.t witk. It has Iwn moving, real rotate men say, In prac tically the normal volumes, exrept pos sibly In the matter of large tmr.rattlons In business property. Moderate sized homes have been selling well. Apparently thuso who have appre hensions In regard to the future of busi ness on account of sny effect the Euro pean war might have, are yet net afraid to buy homes. They have apparently concluded that even though Kurope Is at war, Oman people mJl have homes to 1 ve In. While there have been no especially large transactions the last week, msny of the real estate men say they see no connection between this fact and the European war, since It Is not every week that a sale of 1.0iO or more Is con summated in jman. even uuwni conditions. War. however, always has a tendency to make tha man with money shrink back a bit. Even so h.is he shrunken into his shell a trifle over the present scare. Nut In the meantime the mail with $1,000 to 13,000, or enough to multe - a good first payment, has nut hesitated ' to buy a home when be found what he wanted, even though the newsboys were uhouting extras Into bis ears as be "walked to the office to rign tha deed. Omaha Standing Welt. White there la no denying that tha financial Interests of thj east were a Httlo ! disturbed at the first shot of the Euro pean upheave). It Is likewise a fact that Omaha 1" general felt very little of this , apprehension. It is a somewhat remark able fact that business men from the east and west, as well as In Omaha, still agree that Omaha Is, the bright spot on the map. White some of the eastern bunkers put themselves on a dealing- houss check .basis, when the first flurry of the war came and when thorp was fear that the ..gold supply would be drained to Europe. . Omaha did not follow In their footstep. Hlnce last Sunday the Omaha Clearing llouae association has been holding dally ..i-eiiriEs. Sunday and Monday these Special preparation for the entertain ment of the women Is to be made this enr for the Merchants' Market wek In Omaha, August IT lo ZZ. There will not be a dull moment for the fair sex of the visiting retailers. A theater parly f ir the Empress is planned. A 5 o'clock ta at the Field club la planned. Two danc. Ing parties, one at the Country club and one st t'nrler lnke, are on the program. Ftle shows, with special demonstra tions wllh living- rondels, are scheduled. All In all, an especial apenl Is to be made to the women. idERGHANTS'lYEEK PLANNED Local Wholesaler! to Entertain Mer chants They Sell Ooodi. WILL ENTERTAIN THE VISITORS WHERE TO LIVE A PROBLEM Apartment House Offers Modern Conveniences at Great Savi"T. COMFORT IS PRIME REQUISITE entl-( n-Operatle Plan la a t.reat Help to Tenants, for Mark of Drnrtaerr la Hone Away With. Itetalt Healers and Wires to Be Shown Hospitality by Omahans from Ana-ast IT to 22, Inplaalve. Another mercheits" market week la scheluled for Omaha. It Is set for August 17 to r. The Omaha Wholesalers' and Manufacturers' association is plsn- j Ing the arrangement now. This Is the week In which spevlul preparation Is I made for handling the retail merchants I from Omaha's trade territory. Special effort is aluo nmdo for tho entertainment j of the retailers from tho trade territory while thty ere In Omaha laying In their j slocks of K'hhIs for Ihe fall. j A series of four evenings of high class eniertiilnmrnt Is planned. It Is to be entertainment that the merchants' wives run enjoy as well as the men. There are to be two dinners at the country clubs, a style show, an automobile party for the Indies and other features equally attrac tive. Will nny Slocks. Business, of course, will be the chief feature of the visiting merchants who will ccme In to lay In their stocks of goods. The Omaha market never had Perhaps no problem confronts the pros pective tenant. honsehoLler or family of today which Is of siul Importance as thi selection of a place m which to live Environment, comfort, convenience and cost, must all be considered by tho care ful and economical tenant. Environment, by all means the first ele ment to be considered, and the most far reaching in Its subtle Influence, should be carefully considered, and a house or npsrtment taken which Is located In a well established neighborhood. Here the apartment house offers a surer solution in this respect than the medium priced house whose surrounding neighbors are regulated by no one and are constantly changing. On the other hand, the choice of tenants that make up the community in Ihe modem apartment house la made by the careful building manager, on whose Judgment depends the success or failure of his building. Comfort Is one of the prime requisites of tha home of today snd Includes proper I heating, sanitation, lighting and ventila tion. Probably more than any other fac tor In bringing tl.e modern apartment house Into existence, wns the enormous cost, uncertainty and Inconvenience of heatintr the ordinary detached house. The modern, steam plunt has solved the prob lem at a fraction of the cont. Cooler tempers tores In summer sre brought about by brick walls with hollow tile lin ings, while plenty of windows, balconies, Erench doors and aw-nlngs are found In the latent buildings. Sanitation Is as sured by the Installation of sctentlflo plumbing, and an odorless garbage In cinerator In the holler room abolishes the nuisance of hauling garbs Convenience la Ien 1 1st. Convenience should be carefully an alysed, location with reference to church, school, business and transporta tion lines, should be studied. A con venient location Is a Joy forever, as It more to offer than It has this time. The stocks are especially complete this year, j saves a world of time and considerable The entertainment features were planned on the theory not only that all work and no play makes Jack a dull hoy, but also that It Is not conducive to the best buy Ing and that the wives of the visiting merchants were entitled to some recrea tion during their trip to (I, nans. AJniost every wholesalu house has al ready received Inquiries from customers us to when the market week would bo . meetings were long drawn out. and long i n1(, tn) yMlp They are clamoring for . qiartlaalnns BS tO and arauoua wtr - the best method of aiding In the nation wide precautions to conserve America There was even tai oi riesrinsr house certificate; gold supply. .going on a basts In Omaha, but tha majority ruled pnATn "P T.anrla r UUWiU J.1A X Ui Ui UUUUU market week this year, since that of last year was so brilliant a success. All this Indicates that the attendance this year will be even larger. .r.tn.t It. and It was decided that tha was currency enough to handle any posal - hie demand locally. It was decided that Omaha at least woii stand out and pay currency to anyone who asked, and It . was calculated that there would be no ;.. occasion for Instituting any other basis for banking business locally. , In tha meantime, congress got active In r getting the Vreeland-Aldrlch bill Into , .workable shapa This t the bill passed . by congress some six or seven years ago. It Is Intended to looaen up the money , market when It for any reason shall be come temporarily tight It require that banker In any given city wishing to participate In the advantages of this blU shall organise themselves Into a currency assoclutlon. Approved by MeAdss. " Thi nrecautlon tha Omaha bankers - nmmDtlv took. They organised such an association, and went word of it to Secre tary of the Treasury McAdoo. McAdoo acknowledged tha Intelligence, and ap j roved their action. This simply means that tha Omahn bankers have put themselves In readi ness to receive federal currency under - the Vreeland-Aldrlch act. If It shnll be come necessary to Issue any of It. The eastern bank have done likewise. The - Omaha banks, according to the amount of capital and surplus they have, would be eligible to receive some $10,000,000 of this currency If they want It. They are say li.s now. however, that It Is unlikely that they will need It. Especially Is this true since the crop moving money which Secretary of the Treasury McAdoo has promised to loan the banks of the coun try will he available at almost any time that the bank ask for it. Omaha will have $l,uoo,o of this money available to it whenever It wants It. The currency that would be available under the Vreeland-Aldrlch law would be Issued by" the federal treasury on the security of absolutely sale paper ue posited by th various banks with the '.: iwi-t-,.1 treasury. While the Vreeland- 'r Aldrlch bill is a complicated one to read ..' the nucleus of It Is eomj-aratlvely simple. Gaarantved by tiold. For example, every bank note, or bill ..as It la commonly called. Is guaranteed v . by gold in tha federal treasury or In the ' national bank that Issues It. The notes or bills to be Issued under tha Vreeland- ' A Id rich act. ar to be guaranteed and Z made good by valuable securities and .' mortgages deposited in the fedirid treas- t-tiry. Every bill Issued for tlUO under this 'act would be guaranteed by absolutely ' sound mortgages or other securities of ... faca of value of 1126. These mortgages and other safe paper would be d. ytsltert in the treasury by the bankers of the city calling for aucU . currency. The bankers must form them stives Into a currency association, ami .,' must Individually and collectively stand back of the face value of the Issue, as well as to furnish the unuueatlonabto t security to be locked In the vaults of the treasury. This would make the Vree land-Aldrlch currency as good as ordinary treasury notes. r But. thus far, the Omaha banker-i be Ueve they may not even call for an lsir.ni ST of this currency. in Nebraska Expected Real estate men are looking for a lively market for farm lands the coming fall and winter. Crops hava perhaps never been better In Nebraska, which, It Is as serted, means that the values of farm i mum, lands will advance. For fifteen years farm lands have steadily advanced In Ne braska from J.T5 an acre for the best of tha land to a price today of SITS and even t;XV Good crops every year have made this steady advanoe possible. Good crops have been grown so many years In suc cession that the agricultural world recog nises that Nebraska Is a great and de pendable farming state, and that the fail ure Is a rare occurrence. This year thV small groin Is already largely In the granaries, and the corn crop Is In as good shape as It has ever expense In the matter of lunch money and car fare, which, perchance, may aug ment milady's supply of pin money. The conveniences of the bulldlnv Itself, as planned by the architect, should receive eloso scrutiny before being accepted. There should be ampin clothes' closet room, refrigerators should be built In at tha proper height to make stooping un necessary and should be connected by an open drip. Pee thnt the gas range Is of standard make, with doublo oven and in good condition. Ascertain the size of the hot water tank in the boiler room. It should contain about thirty gallons for each tenant unless there are over twenty-five tenants In the building, lo which case the number of gallons per tenant decreases In proportion to the number of tenants. Finally, If It Is an apartment under consideration, ascertain If the Janitor orders and brings In the Ice, removes the garbage, scrubs rear stairs and steps, etc., thereby reducing tha drudgery of housekeeping to a mini- Value for Money. The Item of monthly or annual expend! tura for rental Is on that each tenant must determine for themselves, and hav ing settled on the amount, the remaining iproblem Is to get value received for your money. If you are considering a detached house located at a considerable distance from business, you should adopt a rule by which to obtain the amount of rental, tho figure quoted by the agent being only a portion of the actual rent which you assume. For Instance, If a house Is quoted at t4(i per month, you must add the cost been at this time of the year. Timely 'of each of the following Items: Coal, uali rains have put tho corn crop. In practi cally the whole of the corn belt of the stnte, out of danger. 'The corn crop Is msde," Is the univer sal expression of the farmers, and with that made, tho fullest, roundest crop for msny years Is assured to Nebraska. This means that confidence In the state. growing out of fort)' years of crops. Is this year some ten degrees higher than ever before with the harvesting, of, per hapH the best all-around crop the state has known. It Is this fact that la to loosen up the market for farm lands In the fall. It Is this that will make the farmers' more loath to sell, and the would-be farmers more anxious to buy. Post Farm is Now Being Platted Hastings A Ileyden have awarded tho Uoy N. Towl Engineering company the work of subdividing and laying out the first unit of the too acres ot land they purchased from Herns rd II. Post. The engineers have been at work for the lust week, und expect to have the plat renCy for filing during the coming w k. A great deul of time Is being expended In making this the most desirable and. from an engineer's standpoint, tha best acreage subdivision ever platted adjacent to Omaha. hauling, water rental, car fare for all members of the family, gas for sumnn r heating of hot water, and a reasoniibk amount for man to tend furnace nn,i lawn. Your actual rental will le over Im. an Increase of W per cent, and It Is folly to try to evade the Issue, or make your self believe that all these things are not j rent, for every item of the above expence is taken care or Dy the landlord and In cluded In the figure quoted as rental In th.i apartment holme of today. , Therefore, viewed from every angle, It would seem that the prudent and econo- ! mlcal tenant would carefully consider the advantages obtainable nowadays by what might be termed the seml-co-operatlve plan, which bus brought into existence the various ts of modern apartment houses. Fontenelle Hotel Walls Up Ten Stories Farm Land Sales Through the Stats Frank Ferguson has sold .hla farm near Okito for $1.7.50 per acre lllalr (Neb.) Express. F. M. Allen lias sold his 640-acre ranch to Krause brotheis and will locate In Casper, Wyo., where he has purchased an interest In oil wells. Alliance (Neb.) Times. Anders Peter Jensen to David Q. Steed, warranty doed, N. Vi NE. , ec. 15. Twp. 1. range, 11. SlOufti. Asa E. lixon. Jr.. and wife to F. W. Arndt. warranty deed, west part of lot J, lllalr Twp. I-rs Han sen and wife to Ed Matthtesen. warranty deed, tax lot til. Hlalr Tnu.. II. John l The clatter of riveting machines Is over Knudsen and wife to Chris Knudsen. at the Eontem lle building, and the ring ; warranty deed, undivided Interest In NE of the trowel Is now the principal sign , w NW ao.Twp. is, ran n iu of Industry. The brick wall has risen to rharles Knudsen. single, to John P a height of ten stories. HASTINGS AND HEYDEN HAVE SOME SALES DURING WEEK Knudsen. warranty deed, the undivided Interest in west 4.SIV. M Sec. 19, Twp. lit, range 11. Jl. Illair Neb.) Pilot. A. I White to A. II. Rosenbaum, SJO acres in HtHine county, near Albion. Neb. Price.-11?5 per acre, through A. W. To land & Co, Activity In real rut ate has not lessened during the lust week, and while sales ; have not been as plentiful, tho lnqulrietl are greater than during the last few Nels Chiistensen has sold Ms Kearney weeks. county 530-aare farm, fourteen mile Hastings & ileyden teport the follow-1 southeast of Minden, Neb., to John J. i.0. D. Kiplinger Is v . to Build Apartments O. D. Kiplinger I to build an apart-;- tucnt house at Thirty-ninth and Farham streets. It Is to cost $. according to Mr. Kiplinger. The new apartment Is to " be called "Tha Colbert." Is to be four stories bigb ob tha uorth and three on the south side. and 4. Donahue for IX per acre. A ad Affair. f -Why didn't you attend Jack's wad ding?" asked a vuiting friend of a Jack sonville girl yesterday. "Why? Becaune 1 wanted to reniim her poor Ja. k as he hx.k.d in life,'' ie l!if tti latter la a luiyiug lone. Flor M Time-L' moo. J. W. King sold his TM-aere farm, nine miles west of Itelgrade. Nance county, Nebraska, to George Mattlaon for 1110 per acre. Ileal made through A. W. Toland Co. ing sal en: John Harry purchased lots 3 block 7. IJncoln Heights. t.'.OOO. ennlnghoff purchased vy Maple 300. N. P. Jensen purhived Sfl North Thirty-third, $1,000. Harry O. Patters n purchased lot t, ' block i. oiendaw.. for t-T 'WHITE BOTTLE IN STONE Hasiin& llsyi'eu have sold fc'l bpencer street, beautiful homo, eiulit room, for $.sau, to air. Kaaa, who will occup it a bis horn. Am Asaasiag Case. "Is there anvthlng specisl In the case?" asked he reenter of the bunk presi dent, whose cvhler hud stolen $17. ' Ye." mused the president, "you may ssv tint wv .'.il not trutt htm Implicitly." Philauiiphi puUlu Leigcr. ON NEW ALAMIT0 PLANT Sculptured milk bottles dona la whits stone ad -rn tho side of the new Alamlto Dairy company plant at Twenty-sixth and Ieuvenworth streets. The building Is going up at a good pace. Tha white atones are set in a row around the build lug at about the level of the tops of the windows. The carved milk bottles gives the building a striking appearance. Put your dollars where they'll come back and bring other dollars with them That form of investment is Omaha Real Es tate. By no manner of means have prices reached their limit indeed, prices have only begun their upward movement. Property generally is selling for considerably more to day than at practically any point in the past. One might ask what has taken place in Omaha to warrant ad' vances in realty values. The principal causes are a steady growth of commercial and industrial activity and a more intelligent and efficient development of Nebraska's agricultural resources. Nothing romantic or phenomenal about it. It is a good sound business proposition with the element of risk re duced to a minimum. When you expend your money for real estate in Omaha you have the substantial satis faction of knowing that it is absolutely safe and that you cannot help but realize a profit upon your investment. Most of the large fortunes of today were made in real estate, in many instances the first purchase being a lot or a home, from which they made a profit, and continued to buy and turn over as values increased. In the real estate columns of The Bee today the fore most real estate men of Omaha contribute information pointing the way to immediate home-owning, describing localities in which opportunities exist and discussing their methods of placing homes in the possession of all who desire them. Authoritative articles on the Omaha real estate situation, written by experts, are a weekly feature. Noted architects give authentic details regarding the building of houses and bungalows, explain" ing how substantial, artistic homes can be constructed at moderate expense, and presenting other facts that will enlighten ambitious home buyers. Men who have made a business of real estate who know the best locations offer unusual opportunities in their advertisements in the real estate columns and any one who has the slightest idea of buying real estate will not hesitate to call upon them for full information and advice.- Telephone Tyler 1000 -THE OMAHA BEE Everybody Reads Bee Want Ads .4 '