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About The Omaha morning bee. (Omaha [Neb.]) 1922-1927 | View Entire Issue (Aug. 6, 1922)
i ( f I . I ' THE SUNDAY BEE: OMAHA, AUGUST 6. 1922. B ( ' I Radio Brings .Best Kind off .EMtertakmemt into Tow Home Businees Leap Score by Loan Firms of State Official Beporti at End o Fiicil Year Show Gain Notably Even io Alio ciatitin Cenleri. it THOMAU J. PXTZMORRIS. A unexpected forward buiincn lep w$s icorcd by the building, sav in and loan nssociations of Nc bra.ks durinf the fiscal ytar endin June JU, iv.' Advance reports irom the leading imoctitiorn of the date, doing 90 per cent of the tout hmititsi. show ats.tts of $80,844,957, a aim of S7,4J2.86 over the preced ing flical report. Should the re maining associations whose assets to uifO sio.o40.151 1? months ago, maintain the gain average of the re porting associations, the aggregate assets of all associations in the ttate will approximate $92,500,000 a gain of $8,496,867, or 10 per cent over the total for the fiscal year 1921. By far the greater part of the growth came with a rush during the last nx months of the fiscal year. The reports of last January pointed to an average gain of 5 per cent in the state, compared with 8 per cent gain for the fiscal year. Easier money conditions and marked increase in the saving habits of the people, coupled with active demand for home loans daring the first half of the present year swelled the total volume of busi ness and doubled the percentage of gam indicated on the tint of the year. Gain Notably Even. Gains are notably even in the as sociation centers of the state, particu larly so in Omaha, Lincoln, Fremont, Beatrice, Tecumseh, Norfolk, Grand Island, North Platte, Columbus and Seward. The effect of the increased volume of money is seen in the larger number of loans, reports in dicating a total around 7,000, against 4,171 loans in the previous fiscal year. Of this number 1,952 loans were for new dwellings, compared with 1,116 new building loans during the fi nancial squeeze of the fiscal year 1921. Association officials comment on present business conditions and pros pects, in substance as follows: Omaha: Loanable money abun dant, demand slightly less than sup ply and home building operations considerably in advance of 1921. Lincoln: Business good and grow ing right along, the volume for the first six months of Vili being great er than in all of 1921. Prospects bright. Fremont: Demand for money fair- Building operations about normal Prospects good for increased busi ness. Beatrice: Building operations quite lively, loans in demand and money plentiful. Prospects look mighty good. Buy or Build. Grand Island: Largest building program ever experienced, active de mand for loans, money plentiful and business good. Norfolk: People appear to have plenty of money to buy or build.' .Prospects the best m many months. North Platte: Building prospects much better than last year. Business good, with money supply equal to the demand. Seward: Housing shortage quite serious, five seekers for every house vacant High prices of material and labor retard building. Prices higher than a .year ago. Nebraska City: Steady demand for money, but not equal to the supply. Marked hesitancy in the home build-. uig and home owning movement. Tecumseh: Prospects for new busi ness never better. Columbus: Prospects very good for business in general. There is a con siderable better feeling and more prosperity among farmers, which is reflected in all business in town. Aurora: People are feeling better and prospects more encouraging than last year. Hastings: Shortage of dwellings is .being met with renewed vigor. Busi ness in genera! very much improved. Wahoo and Holdrege report pros pects good, while Ord complains of too much money and not enough loan applications.' F. P. Manning Joins Sales Force of R. D. Clark Firm R. P. Manning, formerly with Equitable Trust company, has joined the R. D. Clark company as a sales man. Ed Erickson, who is a prac tical builder, has also joined the sales force. Mr. Clark; recently, returned from an extended vacation in California. "I am agreeably surprised to find," a;d Mr. Clark, "evidences of activ-, ity'in the Omaha real estate market. The summer season is usually dull, but business in our office exceeded that of the similar period last year, and indications are for an active de mand this fall. The multiple listing exchange, of which we are memhers, is and will prove of great benefit to both realtors and selters." Schroedcr Salesman Sells Five Houses in Last Week Nile Booth, salesman for Schroedcr Investment company, sold five houses last week, three of. them being sold through the multiple listing ex change of the Omaha real estate board. For the month of July the Schroeder Investment company re ports 12 sales .of residence proper ties, and, according to members of the firm, several other sales pend. The company's sales for the last 30 days totaled $63,950. ,W. G. Spain in Minnesota for Summer Vacation Trip W. G. Spain of the firm of Glover k Spain, has gone to the Minnesota . . . . : t t - lutes ior a vacauuu. x ic iicom anied by his brother-in-law, . Vail Purdy, Sf attorney of Sioux City. . r v tfFM '. I Wonderful lighting effects for Electric Co. of Schenectady, N. Y. Steam Radiator Used for Aerial Is Latest Report The latest scheme for receiving radio messages involves the use of a good steam radiator, or a hot water radiator, for that matter, ac cording to a report reaching the radio section of the army. This system. Mid to have been evolved and tested but satisfactorily by a former electrical engineer of the signal corps, has evidently a mar ket value, as the inventor is report ed to have sold out his circuits and patents to a big corporation for a large sum of money. Many curious forms of receiving apparatus have already been used in lieu of the usual aerials, some of them with remarkable success by well known experts. Among the unusual types of aerials employed are the "tree antenna" demon strated some time ago by Major General Squier; the bed-spring antenna used by several experi menters, a trough of water and a cake of ice employed in signal corps experiments a year ago, such as umbrellas and fish poles.. But the latest device for this purpose should interest many fans, as it is so read ily available and should prove most useful, if practical. Home Builders Has Contract for NewWarehouse Building Home Builders has just made a bisr sreneral contract with the Ad- vance-Rumely Thresher company to construct a large building at the northeast corner of Ninth and Far nam streets. The Work will be done under the direction of the construc tion department, which is now mak ing estimates on a numDer oi large buildings. The warehouse will be 99x132 feet, three stories and base ment. It will be of heavy type of oinfnrred concrete. The exterior ot the walls will be of matt-faced brick with cut stone trimmings. The struc ture will be the Omaha distributing olant of the Advance-Rumely com pany and will cost $150,000. Anotncr puuaing jusi tumnicicu by Home Builders is that of the Univeral Motor company at Leav enworth and Twenty-first streets. It is a structure of brick and concrete. Home Bui ders has just made con tract with the Chicago, Burlingtbn & Quincv railroad to construct a round house in Council Bluffs. Apartment Building to Be Moved and lurned Around The movins- and turning around of the six north apartments of the St. Clair building, Twenty-fourth and Harney streets, to allow widening of Harney street, is the biggest job of it iob kind ever done in Omaha, according to the L. P. Friestedt com pany. The present mam entrance now facing north with the six apartments in that section of the building will be cut loose, and moved round to face west. Benson & Garrett Firm Electeds to Realty Board Th real estate firm of Benson & (Barrett last week was elected to ac tive membership in the Omaha Real Estate board. This firm's principal activity is building homes. The senior member ot tne tirm, c. Newman Benson, is a son of E. A. Benson of the firm of Benson & Car- michael. E. A. Benson is a former president of the Omaha Real Estate board and has been a member for more than thirty years. Baby Grands of QUALITY Osborn . .. . .:.:.$425 Milton .......$635 Haynes . ... . . $650 Kurtzmann ..... $875 Cable $940 Steele ,..$950 Conover . .,.-.v. .$995 Weber ......$1,150 EASY PAYMENTS 419 Sooth 16th Street. Omaha MOsric Co. Lighting Effects for the Brazilian Centennial exposition, Realty Men Must Pass Test to Get Board Standing Membership Committee De cides to Give Future Appli cants Examination to Test Fitness for Profession. The membership committee of the' real estate board last week decided to give all future applicants for ac tive membership-in the board an ex amination to determine their fitness for conducting a general real estate business in Omaha. The questions will cover technicalities of convey ancing, all methods of arriving at values and ethics. . The membership committee con sists of Clark Carnaby, chairman; C. W. Newport. Jesse Schroeder, Henry Noar, Max Agor and Clare Nelson. This act of the membership com mittee has been approved by the board of directors. Apartment Hotels Gain in Favor, Says Morris G. E. Morris, manager of the El Beudor apartment hotel, says apart ment hotels are coming into greater favor than ever before. "Last year at this time the El Beudor had only 10 reservations for the winter months. Now we have more than 40 and expect to be com pletely filled by September 1." 4 .4 Get this book OMAHA Brazilian Centennial 0 opening September 10, at Rio de Janeiro, Band Concert The City Concert Club band of 38 pieces, Arthur E. Smith directing, will play in Hanscom park at S p. m. today. Lawrence Dodds will give tenor solos and Herman Evers and Olaf Petersen will play the Titl ser enade with French horn and flute. The program this Sunday includes: March "Who'f Who In vj Bit".. Overture "lluncurlaa Lastaplel" Kelt Bcls Ballet "Danen of the Houra". .PonchlnelU Fantasia "Old Kentucky Home," with variation UaHiej For all Instrument euphonium, rornetl, clarlnetH, trombine, fr-f!at clarinet and pieeola and bassoon. Patrol "Guardmount" EUenberg Intermission. Mureli "Heart of America" Trjnt Rhapsody "Slavonic" Friedmann Duet for French Horn and Flute "Titl Serenade" Titl Hy Herman Evers and Olaf Petersen. Tenor Solo By Lawrence Dodds. Selection "Mile. Modrete" HerheH Flnl "The Star Spanieled Banner" Key Clip and take this program to the park. Two Sets of Flats Sold by Hastings & Heyden Included in a list of sales reported for last week by Hastings & Heyden were some brick flats at Twenty sixth and Binney to Clara Bolker for $12,000, and ilats on Harney street near Thirtieth to an investor for $15,500. The list also included a house at 4337 Chicago street to Mrs. I. L. Strong for $6,250, through Schroeder Investment company, and a house at 5627 North Twenty-seventh avenue to George Moss for $4,500, through R. D. Clark. Lots were reported sold to Mrs. Catherine Bowler, Miss Hazellc Beam, Mrs. Margaret Saling and R. Westerfield. - Your local' dealer can supply you PRICE 35 CENTS Wholesale Distributors for oration otiAmmca MUVflf WW Wcrrr SIOUX CITY JWwiooijoy popular IWioCbrD have been designed by the General (Intl News Reel) Valuation. Record Map Is Passed to Realtors The real estate board last week issued to its members a valuation record map which is for the exclusive use of realtors. This map divides the section east of Twenty-fourth street between Leavenworth and Cuming streets into districts that have similar and relative values. Permanent records are being kept of all the sales, leases, appraisals or other transactions that have new bearing on values in these districts. Real Estate Journal Has Lease Article by Sholes The current issue of the National Real Estate Journal carries a three page article on 99-year leases, a re sume of a discussion by L. C. Sholes, president of the Omaha Real Estate board, before the convention of the National Association of Real Estate boards, held last June in San Fran cisco. In this article Mr. Sholes points out that a greater amount of city real estate each year is being placed under 99-ear leases. New Gasoline Station. The U. S. Oil works will open its first filling station in Omaha before September 1. The station will be located at the northwest corner of Twenty-fifth and Farnam streets. Ac cording to an announcement by Mot ris Milder, president of the company, the station will be equipped with the regulation drainage pits, bottled oil, free air, distilled water for batteries and patented electric and air pressure visible measure pumps. ST. LOUIS T mm Crystals Take the Place of 'Whiskers' Bronite and Zincite Found to Be Very Sensitive for Clear Reception. Detectors uing galena or lead sulphide arc almost entirely used today to the exluiion of other kindt of crystals. Although galena is more sensitive, - it is considerably more difficult to keep in adjustment, borne other kinds of crystals are easier to adjust even though they are hot quite so sensitive. Galena or lead sulphide require a very light pressure of the cat-whisker. Another type of crystal detector is one which combines the rectifying effects of two different crystals; on of bronite and the other of (incite. The hrnnite rrvaial tilrea Vtm l.,. of the cat-whisker. With this ar rangement it is invariably possible to find a sensitive spot quite easily. Another form of crystal detector is one which utilizes carborundum. This is not so sensitive, but is very stable in operation; a rather heavy contract is used and an ordinary steel phonograph needle mounted on the detector arm is employed. The sensitive spot in the carborundum crystal is found by jabbing the point in various spots until the loudest re sponse is obtained. . SPARKS Late figures on wireless sets now in use in the middle west are approxi mated at 250,000. The radio enthusiast who drills his own panels has doubtless found dif ficulty in making a neat job of the small "peep holes" for the V. T. fila ment. An easy and cheap way of making an extremely neat and business-like job is to buy, or take from an old. pair of boots, a few small eye lets. If worn shiny they must be painted black again to match the panel. These are inserted in holes of the proper size, and will usually be found to fit firmly, and the result is all that could be desired. A big broadcasting and receiving station will be erected on the munici pal pier in Chicago at the forthcom ing "Pageant of Progress," October 14-21. More than 100 dealers, manufac turers and radio engineers met at the Hotel Sherman and decided to put forth their best efforts to "sur prise Chicago" with a monster radio exhibit. There will be a conference of the world's best known radio ex perts at the pier early in July, when many new devices will be shown, con tests of various types and other features. George E. Foster of the Commonwealth Edison company has charge of the arrangements. Are You Hearing Atlanta, Ga., and Kansas City, Mo., VIA RADIO? The fascination the excitement of it! Who knows what's coming music, laughter, a thrilling story, an inspiring sermon, a news bulletin of some world event. Within 60 days the demand for Receiving Sets and Parts will be acute again, so we suggest placing your orders now. Receiving Sets, Tube, $15 to $325 Crystal Sets, $10 to $25 Loud Speakers, $45 to $200 Head Phones, $5 to $15 Tubes, Detector or Amplifier, $5 to $6.50 Transmitting Sets Reach High Number, Federal Report Shows A survey of all radio transmitting stations licensed by the Department of Commerce shows that there are today 19.067 stations. Of this num ber 15.495 are amateur stations. 348 experimental and technical training schooli, 2.783 American ships snd the balance, 4J9, commercial sta tions. Of this last noinber there are to day -74 broadcasting stations, known as limited commercial sta tions, 20 of which were licensed re cently. They comprise universities, municipalities, pewtpapers, electrical manufacturers and rttail stores, tending entertainment or informa tion on weather, crops and market reports. The growth of this class of radio stations has been 'remarkable; it jumped from 67 stations a little over two months ago to 27,4 today. Ap plications are njrd on an average of about 3 or 4 a dsy. Transmitting Stations. Trans-Oceania (nrl Publle or "ship to nor".. Point to Point Breadraatlne America ship Birlmenial Mil Technical aod Tralnlns School.. , Amsuur Spscltl Amateur Amateurs by Districts. 1. Boston ll.SM 101 S 410 Guaflyi ... sadi r a wr s rt r 111 STOCK lal fib For Crystal Set Catswhisksr. SLIDERS, 3-U aa 1-4 lack. Slid root, (saass sicoa.) Cardboard tukblf, fcaralaUd. Sinsl aod DuM cotton covri rnafut win. Biadlas posts, all kind. $1 LIGHTNING ARRESTER. Crystal datsctors, w kav tkm mouatad, uanxuatad fas kotk epa and slat oacloaod. FROST FONES. $B. MUROOCK FONES. tS. Brand Matekod too. SS. DIALS, 3Sc to $1.78. Switch points and atop, 2 for Sc. CRYSTALS aad tbr part an hand. CRYSTAL SETS, $S to $31 3-16 inch PANELS RADIO APPARATUS CO. S. E. Cor. 17th and Howard Via Radio! Our Radio Advisory Board is ready to help you select, install or operate your set. Nebraska fi( Power Co. I. N York , I III I. Kalllmara t.lil , Haiti savannah) lit t. Naaj OrlM , I. Sa Praacwe I. sis t. Maalllo 11 I. natron ,,,, , ,, f III I. I hi. SI t tor The Commercisl depsrtment does not regulate or record receiving sta tions, and will not I uc t the total number, now unomcislly estimated at sbout 1,500,000. Outlaw Island Uses Radio for World News Off Honduras in the Caribbean ties a little piece of land called Swan is land, where Americans have lived for many years, although the nationality' or ownership of the island has never been decided. On this "island with out a country" the United Fruit com pany has a commercisl radio station ' and ues the call "U S." which, how ever, is not a United States call, but an' outlaw call chosen by the com pany in 1909. Although Italy owns the three letter calls from UPA to UZZ, "U S" does not come within the control of that country any more than does the island itself. If the island came into the posses sion of the United States, the station would lose its identifying call, as all United States calls begin with the let ter "N," "K" or "W.8 Wu cannot go wrong on using Bee Want Ads. They always pro duce results. , i SUPPMGS For Vacuum Tub Sot GENUINE REINARTZ COILS. Vacafcub Detector Tubes, M-SO. RadMroa U V 300, SS. Radltroa U V SOI, M-SO. Phonotroa Detector, $4 -SO. Pfcntrn Ampliiiar. ISJ0. Mym R A C tukos, SS. Myers chafe calla, $10. (Paoal and Sockat mouatlaf s.) Variometers, $4 In $11. Variocouplora, $4 to SIS. Variable Condoaora. $S t $ Transformer Audi. $4 to ST. Radi Frequency, S to $7 .SO. Plain aad Vernier Rheostat. $1 to $1.75. Loud Speak are. $f to $1SI. Honeycomb call and Mounttaf. DICTOGRAPH HEAD SETS. THE WORLD'S BEST, $U. Also Kejilet. Evmtt, Fdral. Waiter Electric and other. Llfktniar Arresters and Switches. 1 3-4c per inch Phono at 2424 ryi Omaha, Neb. 11 Bakelite Panels Cabinets, Knocked Down Stats, Switches, Veriometers Veriocouplers, Sockets Safe Antenna Equipment