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About The Omaha morning bee. (Omaha [Neb.]) 1922-1927 | View Entire Issue (Aug. 6, 1922)
I . I ' THE SUNDAY BEE: OMAHA, AUGUST 6. 1922. B
( ' I
Radio Brings .Best Kind off .EMtertakmemt into Tow Home
Score by Loan
Firms of State
Official Beporti at End o
Fiicil Year Show Gain
Notably Even io Alio
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
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
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
Fremont: Demand for money fair-
Building operations about normal
Prospects good for increased busi
Beatrice: Building operations quite
lively, loans in demand and money
plentiful. Prospects look mighty
Buy or Build.
Grand Island: Largest building
program ever experienced, active de
mand for loans, money plentiful and
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
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
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
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
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
Wonderful lighting effects for
Electric Co. of Schenectady, N. Y.
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
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.
Osborn . .. . .:.:.$425
Haynes . ... . . $650
Kurtzmann ..... $875
Conover . .,.-.v. .$995
419 Sooth 16th Street. Omaha
Lighting Effects for
the Brazilian Centennial exposition,
Realty Men Must
Pass Test to Get
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."
Get this book
opening September 10, at Rio de Janeiro,
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"
Ballet "Danen of the Houra". .PonchlnelU
Fantasia "Old Kentucky Home," with
For all Instrument euphonium, rornetl,
clarlnetH, trombine, fr-f!at clarinet
and pieeola and bassoon.
Patrol "Guardmount" EUenberg
Mureli "Heart of America" Trjnt
Rhapsody "Slavonic" Friedmann
Duet for French Horn and Flute "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
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.
Your local' dealer
can supply you
PRICE 35 CENTS
Wholesale Distributors for
MUVflf WW Wcrrr
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
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.
Crystals Take the
Place of 'Whiskers'
Bronite and Zincite Found to
Be Very Sensitive for
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. .
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
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
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
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.
(nrl Publle or "ship to nor"..
Point to Point
Technical aod Tralnlns School.. ,
Amateurs by Districts.
Guaflyi ... sadi
r a wr s rt
For Crystal Set
SLIDERS, 3-U aa 1-4 lack.
Slid root, (saass sicoa.)
Cardboard tukblf, fcaralaUd.
Sinsl aod DuM cotton covri
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
CRYSTAL SETS, $S to $31
3-16 inch PANELS
S. E. Cor.
17th and Howard
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. ,
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
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
Cabinets, Knocked Down
Stats, Switches, Veriometers
Safe Antenna Equipment
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