Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Dec. 6, 1914)
12-A TIIK OMAHA SUNDAY BYM: DECEMBER G, 1914. j ; j i PROSPECTS HARD TO FATHOM 1 Concrete Buildincr Company is Seeking Location in Omaha V.lat Build in j Actititiei Will Do is Difficult to Say. 11 UEW YORK $150,000,000 trrrla RtIw t BUI Opvratlaaa aa Fatar Poaal Itlttea la Aarrlna Caa traetar Df Th following article l reprinted from tho Amcriwn Contractor of Dumber I: Rarely. If evr, hi thcr been a time when the future In the building Industry he been ao difficult to can. a during the last few wee and months. Rarely. If evnr, have the prospects been ao tan talixlng. now promising, a splendid ex pansion, now shadowed by the darkest cloud of Incredulity. Rarely, If erer, has the Intereat In thla question been ao keen amen architects, engineer, con tractor ani builder. If archllecU and contraetora are the mora directly Interested a vastly larger rlass of the American people are vitally concerned. Tor there la In the country tio Industry, nave agriculture In Ma en tirety, that equala In Importance that of construction work. Building permits fcs- ued In New Tork City thla year will be about 030. MO,. At the same average throughout the country the total build ing of the country would amount to about ftWO.ono.OQO. The bulldlnc permit! In Chicago for the year will reach about 000,000. On that baala the total for the country would be H.MO,X000. The active work In Philadelphia In 1914 will total somewhere near tW.OOO.ono. At a cor responding rate the building for the en tire country would reach close to 13,000. coo.wio. The per capita construction work In the rural district la doubtless less than In the towns and cities, but the majority of the American people now live In towns and cities and the growth of the smaller municipalities In the great majority of Instances equals or exceeds that Of the larger cities. It would pir hapi ba extremely conservative to esti mate the total bulldi'ia of the country In excess of $2,WA,fl00,4 annually or ap proximately 1100 for each family. In Its final analytfi most of the building cost consists of labor. And remembering that the average family Income throughout the country Is scarcely $500, the building Industry looms up as of commanding Im portance, a degree of Importance not generally appreciated. It represents about M per cent of the total expenditures of the people. Baalaesa Perplexity. Uke VI other branches of human ef fort, It Is Involved more or lets at pres ent In the general business perplexity. Vet it Is at least semi-Independent, and does not ebb and flow In exact rhythm with yrnersl conditions. It possesses to a considerable degree an Initiative of Its own, but only so far as It la free, from financial dependence. The cue groat cloud that has hovered over the Ameri can nation during the last several months has been finsnclal In Its character. There have fcen other contributing elementa to the Blown down of business, and some Of them no doubt Important, but In recent yeara 'large American borrowers had availed themselves more and more of the plethoric' European 'money bags, borrow In there in huge and ever Increasing amounts, year after year. When the chill of war went through the financial world tho European purse strings tight ened and those larga American borrow ers, who crossed the aeaa for their re Quirements, were "tip against it" Another even more serious considera tion was the large holdings of American securities abroad In consequence of the borrowing. To prevent the dumping of these securities on thla side, and the consequent draining of our gold, the stock exchanges hex) to close. Additional un settlement came pending the Inaugura tion of the new banking system. It Is little wonder that the bankers "sat tight" lid waited. Hut those plunges have been taken and are now things of the past, It Is of the future that the building Inter ests are now the more vitally concerned. What of the future? The American Contractor has taken i cclal pulna during the last few days to sound the temper of the building trade. In all parts of the country. A largo num ber of architects, contractors, builders, bankers . and others have been Inter viewed and their best Judgment as to the outlook has been obtained. The Judgment may be summarised as most rheering. The spirit of optimism Is re aertlng itself In all parts of the country and the way seems to, ba rw.v.,4 . treater activity. . . , . Metarninsj Caafldeae. Looking to general conditions, ths re turning financial confidence. Is no doubt of prime Importance. The atock exchanges re gradually resuming their normal ac tivities. Th fear of the foreign dump , Ing of American aecuritleg ls In part dls peUed. . And well It may be. The new banking system Insures an adequate sup ply of currency for domestic needs, elas tic enough to suit all conditions of trade. And ehooM the sl of foreign, held acur lUea again Increase aufflelrntly to endan ger th gold reserves. It would be as sim ple a matter as before to again close th stock exchange. There would b In that measure uo reflection Upon the domestic financial situation. It would be merely a precaution to retain our gold. Consid erable timidity continue in banking cr. cles. Induced In large measure by th Kuropean war etd the tyr of a possible AmerL-aa Involvement of some sort, but confidence Is rapidly rolng that the .n..e nates can make Itself Indepeu. WAR STAMPS FOR DOCUMENTS The W. T. Redman Perfect Hollow Wall Concrete Manufacturing company, to be Incorporated ln Alabama, Is looking for a location for a plant In Omsha, where It Intends to manufacture Its forma. Thla company manufactures steel forma for constructing any kind of buildings, re taining walls, sea walls, bridge piers, locks, dams and silos. George K. Harris, general agent for the Real Ett Hen Learn from Edwin Martin Papers Affected. THE AMOUNTS ARE VARIOUS Great Many Conve.raaeee Are fader Reaelatleas ef the New Law aa4 Al Mail Be Praerly Observed. Who shall buy special war lax stamps and who shall not? That Is what very- company, has Been In Omaha for some body wants to know, and the real estate days regarding the matter of a suitable I men of the city are as much pusxled as location for a local plant He has an office at 1TM Davenport street. The company manufactures a steel form, designed to take the place of the board forms-that-It Is necessary to build as the work progresses In the construction of a concrete building. Forms of various stses are built In aectlon. The forma of a building are laid In sections and filled with- concrete. As the concrete sets and hardens the form are taken off, placed at a higher level and refilled. These forms, Mrs. Harris says, are coming Into -general use In the construction of large concrete building In the east. Local Carpenters to Build Home for Mrs. Henry Peters Before Sunday night the carpenters of Omaha expect to have practically finished the construction of the four-room cottage for Mrs. Henry Peters, the widow, at 4M-' North Fortieth street. The lumber deal era have furnished the lumber. The brick layers have built the foundation. The carpenter are now to take hold in vol untary work and build the- house. They have announced the matter publicly from th labor union headquarter and expect to hav a good force of workman on th job. Missouri Pacific Buys Fifteen City Blocks for Trackage Fifteen block of ground between Sher wood avenue and Grace street ha Just been purchased by the Miasourl Pacific Railway company. The atrip adjoin the present tracks of the company. A pro posed enlargement of the trackage is th occasion for th purchase at thla time. The aggregate amount for this property I said to hav been about $20,000. The company doea not talk of building theJ l f" C?IHf additional tracks at once, but eventually. " I J d V W anyone else. The real estate men want to know who are brokers In the eyes of this new law. They want to know when a deed shall be stamped and when not. They want to know whether a contract of aale shall be stamped or not. Just which paper shall bear a stamp and whose business It Is to buy th stamp are questions puxxllrig the real estate business. Who would be fined If a docu ment goes out without a stamp Is an other question they are asking. Thl ques tion arises because In many case It la a difficult matter to know Just who Is obliged to stamp a document.' At the last meeting of the Real Estate exchange Edwin Martin, an attorney who has made considerable of a study of the new law, came before the exchange on Invitation and presented his explanation of the new law aa he understands It at the present time. ' He admitted that it waa difficult to fathom every detail of It He did not pretend to be speaking offi cially, and In many Instance he waa forced upon uncertain ground by mem bers of the exchange, who hurled doaens of questions at him at owe. Neverthe less, ha cles red up many points the real estate men wanted to know about, and during the course of his talk many other questions were brought up that could not be definitely answered yes or no by either Mr. Martin or any member of the ex change. The result is that the real eitate men will have to call th revenue office quite freely for some time In order to get definite rulings on Individual ' case aa such come up. . -Mr. Martin, however, In order to pre sent his subject In concise form, pre pared a list of th rlsss of documents, paper, contract, transaction and buel nessrs thst are taxd under the stamp tax act. He selected .principally the sub jects that he believed would come mostly within the scope of a real estate man's business. He declared even then that his list could not be regarded aa entirely offi cial, but that it represented his Interpre tation of the law aa he had studied It Heat Affected Doeaaieata. Following la the list of matter to be taxed or no, marked' "Te" or "No," ac cording to whether they are to bear a tax or not. In Mr. Martin's Interpretation of thl law, which Is to ft In force from December 1. 1M. to January 1, ll: Acknowledgment. No. Abstracts of title. No. Assignment of mortgage. No. 4anks. Tea. Un capital, surplus and profit. One dollar on each 11,000. Hank checks. No. HID of sale. No. Billiard rooms. Tea.! Five dollar each table. Proprietor ptirs. Bond and debentures. - Tes. Five cents on each $l. Honda, surety. Tes. except those re quired In legal proceedings. Fifty cents each. ; bowling alley s. Yes. Five dollar on each alley. Proprietor pays. Brokers. Tes. Thirty-dollar flat tax. Butlnlng and loan . associations. No. Stocks and bonds exempt. Cancellation, stamp ' or write Initial and data. Certificates of stock. Tes. Five cents on each (WO far value, t cent on each 10 for brokers' sales. Certificate of deposit' No. Certificate of any. description. Yea. Ten cents. C hattel mortgage. No." Checks. No. Contract of sale. Yesv If they vest title In purchase; same as deods. Coupon notes. Tes. ft s me a promis sory notes. - Court bonds. No. - Deeds. Yes. Consideration or value, exclusive of lien, 60 -cents for first ft0 and same for, each additional l'00. Employers' .lability. Yea. Bee Inaur ance (except mutual). ' F.wrow rteerla. No. ?MI' Fidelity Insurance.. Yea. Bee Insurance. , Fire Insurance. See Insurance. Insurance. Yes. Fire, tornado, etc.. new or renewal, H-oent on each fl of premium. " , . Irrigation companies, mutual. No. . Fine, lino for failure to affix stamp. I I.. Yea. gam As deeds. - lasting agreement. ,No. ' Mechanic lien. No. .,. Memorandum of sale. , Yes. Ten cent. I Mortgages. No. ' Mutual fire companies. No. Pension papers. No. ' ' t offices lined with lead Prom'xnory nolo. Ye. Two cent on eafh IIOJ or fraction thereof. t ower or imy. trm. r ur tuuiii . . corporate meetings, 10 cents. I Power of sttornoy. Yea. To sell, rent T . , or lease real emte, or sell stocks or innOYKtlOn in Equipment 01 KOOmi bonds, Z6 cents earn. Pmtent. Yea. Any Instrument, S cents. Quit clnlm Jeed. Yes. Pee deds. Reinsurance. No. Klense of mortgage. No. fltok eertiflcatee. Yea Five cent on, each I00. I Telegram. Ye. If charg Is 15 cents or more. I cent for each meesage. i Telephones. Yes. If charse la 15 cents or more. 1 cent for esch messnge. Commercial Clubs May Start National Employment Bureau in City National Building;. (HOT PE5ETRATED BY THE RATS v Devtor W will Operate Paw erfal Marklac Wkleh Re ajelrea High Voltage. Lead lined officea are being equipped In the City National Bank building for us of doctors who are operating very powerful X-ray machine In their prac- A big centralbureau of employment Js fcn mKhtng hundreds of being considered by th. v.rlot- larg cover the ?TBm',i.C Z. a lM li:w"" noor- The lead being a poor t would be conducted a a conductor of electrical current I. a pro- -mat what 1. aa,d would b . V " k- . .,.,. the dangerous penetration from tho rays. The furnish farm labor at .peclal tln,. uch h first building in the city to "tr a. at harveat time, to ee that c ,n-tln the demand for rifle. l-'Pr with Is prevented and that the flow of labor mtcrial. Work at lining these of I. more nearly In accord with the demand j be'" "'nf some w.ek. for It The plan has betn endorsed by tho """ted that If the powerful cur graln and agriculture committee of the r'nta of electricity are not checked by a Commercial club and la now under con-; thorough nonf ondvlctor Ilk lead, they slderatlon by the manufacturers' commit-eventually work great harm to the M f th Omaha Commercial cluh. iii "'r urmunn me macnine ana possi will be submitted to the executive com mute eventually. RAILROADERS SAY PASS RULE IS 0LO AS F.vpoSITION In Justification for making the an nouncement that railroad men are not going to be given free tranaportstlon to the Pacific coast exposition - next year, railroad officials assert that the rule that Is to be adopted la about as old as expositions themsefves. As long ago aa when the Centennial wgs held In Philadelphia In 1S78, the railroad men assert that transportation waa cut off and that the only railroad employes who rode free were those holding annual passe. The same rule waa adopted at the time of the New Orleans exposition, the World's fair In Chicago and the St Louis exposition. P-J Ln TfWWtTtHWfWWTTlfffWfHWfmWWT i-- - . . v. " -H HWtTWWffrWtftWfWrTWfTTttTH r3 ,.3 f3 n CENTER STREET CAB LINE IS NOW IN FULL OPERATION Th. West Canter tret community I rejoicing over U new car line. Th first car mad th trip over the Una last week. It waa an occasion of Jolificatlon for th neighborhood. Hundreds gathered at th and of th car Un to receive th first car, whlah carried school teachers and pupils of the Beat school. a. W. Wattles, president of the car company, and N. P. Dodge, Jr., In behalf of the West Canter street people, delivered short addresses. Th extension Is on. and seven-tenth mil long from Forty- eighth and Leavenworth, where It leave th Leavenworth line. It bring hun dreds of people to within from one to four Mock of a car tin, who up to this time were a half-mil removed from th Un. ALAMITQ COMPANY IS LOCATED IN NEW PLANT Th. Alamtto Dairy company now doing business In good shape In ita new plant at Twenty-sixth and Leavenworth. Th former location on Farnam street la still being retained aa a branch plaoe for some of th retail trade, , aa th new plant la Rot yet quit properly equipped to handle the retail trade. Practically vry other department of the excellent new plant I now In full working order. TUKEY BUYS THREE HOUSES ' AND VACANT LOT ON CLARK A. P. Tukey A Son have Just purchased three houses of Mrs. Catherine Hamerlek and Mrs. Null Leary at th northwest corner of Twentieth and Clark street. A vacant lot wag also Included ln th purchase. Tukey expect to sell th va cant lot for a business corner and to sell th. three house separately. Public Meeting Soon on River Navigation A publle meeting to consider the possi bility of Missouri river navigation be tween Omaha and Kanaaa City la to be held soon at th. Commercial club ro.ims It I to be a meeting at which Conned Iiluffs business men as well aa On. aha business men are to be welcomed, as such a P"oject I sure to be of Intereat to. all. This follows the report of the leclal committee that went to Kinitt City a few week ao to make a titudy of the atcamboat system now being oper ated between that tlty and Ft. Louia 3. W. Gamble and R. 11. Manley. th penal committee, are to leave Monday 01 IlKf LnJ IDEA bly to persons In adjoining rooms. Th machine Installed are expected to produce ray generated by 800,000 volts. By the use of a Cool Id e tube . these scientists say they can produce a ray of electricity of penetrating power equal to that of radium and of the same quality. Why Use Gtorm Sash? The Monarch Metal Weath.r PtrlD la 75 Per cent more ef fective and costs less: excludes draughts, dust and soot Wlr,- oows never rattle or stick Pay for Itself soon ln saving or ruel. Makea windows and door practically perfect. F.H. Turney&Co. Agents, Omaha, 603 War Blk. rug.89 n Talco caro of tho digestion, for it is from this source you receive your, health and strength. Poorly digested food only clogs the system, upsets the liver, causes constipation and makes you feel miser 'able. You cannot afford to allow such a condition to continue and run chances of having sickness overtake you. 7 Be on the safe side and help Nature restore the stomach, liver and bowels to a normal condition by the use of ST. 6 rJ2 AC E-3 jja 11 mm BITTERS T ' P-JT aJ7w Lru It has a stimulating and toning effect upon these or gans, aids digestion, restores the appetite, and is really cbnducive to better-health. Try a bottle do it now. r' ' '' ; V T-i44-44-4-4-f4i4ww4w4 wx'4"f"f"i"g"as puniiipd i. will 'Mm w wnwimip wi w w 11 'IK H' mi MirrowiTi nn c-'MmrnM.'w " wmnu'.mi'j.iB i ' tiBiiirm.. rani i-iimn inirri.iMiiiii im . i.nii an .i.iimiiiiiiii-ninnwl r-H-M-wT wwww-t-f t teiHh X Own your own home. You can purchase one on easy monthly ' paymenis iiK.e rent. rs.eaa me reai tate columns. cs- WHY? doea Home Builders increate its Capital Stock to $200,000.00? To finance and build more homes. Why are Home Buildere' shares so much in demand? They are safe, easy to turn Into cah and have paid as high as 11 per cent. Why do Home Builders' shares increase in value? Because Home Builders receives 7 interest on its mortage and makes a builder's profit on every house It builds, which belongs to the shares. Why are Home Builders' shares safe? -They are secured by mortgages on new homes of reliable people. VVi7 shares bought now participate in the builders profits for the past six months? Yes, on the profits of over 140,000.00 of contracts for houses now under construction. . Home Builders booklet, the ""New Way," explains its plan fully. Free to any one.1 Em safe nouEn s Heavy Hauling . 1212 Farnam (HONK DOUQLAS 383 REPAIRS FOR - Furnaces. Stoves and Boilers WATER FRONTS PROMPT 8KRVICE OUIt HOBBY Omaha Stove Repair Works iaoe- xxmffUa str. Faoa Tylar BO. P-J Lru dtnt financially as well as politically ami ' or wll,nSton- wher they ar io t s that Idea stienirthnM .v,. .u. ' .,,.! delegate to tho National Rivera and Har- brtghten to gorjieous hut-.. Th country co"Broa ta aeaalon ther next eck. may not yt ho approt,rhlng a boom hr ih'" wiU nw ",0 Pointers perlfKl, but the allyin8 of financial rar ton Miou, r,vr navigation, that t.aa rec.ly occurred, . , asset of , ".' ' ' ' aimoat Incak ulable v..ue. A co..lltlon' FflSTPr I )l RTTI 1 SP Uuit dewrve. spca .m,h?s'.ls thai' UJ)l'L1 "iiAli hlection Contest - " l sverywiM-tv, Bre uptlmls- lio In the expression of their views, and th reasonable Interpretation of thla is uai a large amount of work Is planned. being New Building for Myers-Dillon Corner Woik Is to begin July J next on th r.ew ofdc and stor building at PlxWnth and J-arii am streets, on th location K!i.wn ac th Myers & IMllon corner. Th niia.l, beaded by Aruwlrong at ASaUn. that obtaiiMsd a nlnety-niu-year k-fcs on tha grC'Und soma montYs ago. Is p'-aiutlug to go ahea4 with th construe ttun of a ffur-atory rcliiforcad concreto (rutuie. Two targe stor rooms are p!itiu,-d fur th first floor. Ther ta to be a Lakxmfiit eulranc at th northeast orn-r dirt from th sldelk. The two i.j M-r fioois i. to b used for offk rcfiiui. Aijlktlun for many of th ju-iiim are already on fllo atath office f Aj-(iitioi. Uh. Tha conteat brought' by Hurry Foster, republican candidal for th legislature, defeated at the recent election. In which he question tie election of slumber '.ar son, Bursers and Prucaedow. on th ground of arrors In ta count, hi dla nilw;4 by him. Hearing had been sche duled before JuatU Kd Lec-der. JOHN MAHAR DISMISSED Ofl CHARGE OF-THEFT John Ma bar. Ninth and Capitol vuue, kged T4 yeara wm arrested for th theft of several ChrlKtma trees. Mahar stated that h picked them up at Twelfth and davenport airerta and waa going to give them to poor ct.'Mren In ths Third ward. Desplta bis years. Mahar . worked all summer In th harveat fUlds of Bouth Dakota. lie Is th father of Inn children and ram to Omaha la 1871 from Tlpper ary, Ireland Judge foster dismissed th cat alr t him. Surprise tlie Folks on Xmas C : A portrait of jrou and the children almost invari ablj' funiirihes a big surprise is father, mother, brothers and sisters back home, '' - Be Want Ads Troduc JKesult Ther'i no better time tor that surprise to coma ) than, f pa ; Chrtktmkg morning, whea all are at hand to look with wonder on the chances time . hag worked, especially on the youngsters. Pose at once for A portrait of yourself with your little ones and use the pictures .liberally as Christmas gifU. . Besides four Immediate family, you hare a score of cqus.tnUncei' to remember with, something Inexpensive, yet full, of personality. Nothing answers quite to well as artistic portraits. BUT rllstie poBes require time and patience, both from you and from the photographer. Rush ed work is never up to standard. So do not wait until the la t moment, but Telephone at Once To Any of These Good, Photographer and Arrange an Early Sitting Charles R. Ciiy. 2531 lrs.i Aa, WiS. 3731 Hep lUilt, Cor. IStl is KsTtr., Dajjlit 43t lu'.erj Stui!o. 151? Firsta Vm, 3331 ltzlmi Stjila, 1322 firara St., C:n 35U F. k. Rlsiiirt, I8tk ui Fin.i St., CjijIu 1732 Wm S!a.ij, 1811 Firns Stmt, Ir.ilu 5622 ti:'.U:i 4 Eltair, 137 Si.' Uli tU C::.lai 2337 J. W. tl::'.::i, 24U t:l Znu SU., Cs::t 1373 Moving Packing Storage STORAGE CO, ffSsfTk 10 "CsvliOl r- cub mm TORE PACKERS AREEXPERTS If you are going to locate elsewhere. 1st us crate aiuf wrun vour a-ooH fnr .hinmni rtr services will sav you time, work and relieve you of worry aa well aa pos sible damage to your good. Our Guaranteed Fire-Proof Warehouse Offer, at rery reasonably rates, aafe storage, for your furniture, piano, ruKs and other household furnishing. Phone us for prices on separata locked room Douglaa 4 ICS. OMAHA VAN Cc STORAGE CO. 806-818 South Sixteenth St. 1 1 Now is the time for 1915 plans.... When planning for next year's business remember that loca tion is of primo importance. THE BEE BUILDING "Th bm'lding that ti m'wayt rw" 4 Is well located, easy of access and known to every one in the middle west as an ideal office location . . . Let us help you plan for better 1915 busiuesa The Bee Building Company Office, Room 103 t