TTTp OMATTA DAILY BEEi SUNDAY, AHIIT. S, lWa
TIMELY REAL ESTATE TALKS
Lut WecVi Total Baiinos ' Amone the
LarMt of the 8eMm.
GOSSIP AS TO IDENTITY OF A SYNDICATE
Sam lutmit Exftreseee) : as
Men Who A re 'AssorlnteA In the
Parchaae, . af Faruam, , ,.
i'; Street Property; 1 ' "
i . ' . : ' f .(
Real estats wss at are tor the ,
the realty men' declaring that Injiplle Ot
the fact tbkt no -Very large' Sales tiwero
made, the aggregate consideration in-
volved tn the transfer were larger thaa
for any previous week this year, esccpt
one and that was the week when the Chris
tian church property and a large part of a
the Northwestern s purchase change! i
hands. That there Is such an unusual de-
rnand for houses and lots ranging- rrom
IL.600 to $6,fKJ0 is taken as an exnellent sign
for Omaha's .future, for II means i more
famllles .are getting permanent noma tna'i
ever before. Last weelc as far a enn . tn.i
learned, Were was almost ouymg-wun
peculation In view.
What may or may not have been a spec-
ulatlve deal was the buying by L. F. Cm-
foot from Mrs. Ward Burgess of lot. . ,n J $1,200 frame dwelling at 8344 South Seven
block 142, which Is leased by Bloom A .CI)., 1 teenth;J. W. Kasp. .. two. H.B00 frame
monument manurarturers. ine price was
$34,000. This same piece of property,' with
out Improvement Is snld to have bceri'hcTJ
at $40,000 during the days of the boom, but
at one time since could have been find for
$18,000.
Thomas Brennan reports another of the
larger sales of the -week.' It was that of a
brick block near Hanscom park to Morris
Kellner 6f Beaver Crossing, Neb.,' for
$24,000. Mr.' Brennan does not make public
the exact location of the property or the
name of the former owner. Mr. Kellner
owns other property In Omaha and Is
about to come here to live.
. O. Rosso has bought for $9,000 the Ains
cow block at the northwest corner of
Fourteenth and Leavenworth streets, from
the American Fire Insurance company.
He will remodel It, making store rooms of
the first floor and flats of the upper floors.
The site for the proposed new Rome
hotel just now presents anything but an
attractive appearance, being heaped with
the debris Incident to the removal of the
buildings that occupied It. The fine Pundt
residence that stood on the corner so long
was pulled down and removed piecemeal,
while the machine shop of . the Omaha
Water company was hauled . away to a
temporary site. The retaining wall has
been taken down and the place prepared
for the work of excavating, which will
soon be started. An unusual amount of
dirt will have to be removed, for the first
two lots to be covered by tha hotel build
ing are several feet above the street grade
and this adds to the earth that will he.
moved in preparing the site for the build-
ing. The subways that will be required
to allow for the closing of the alley .also
add to this feature of the work. Work Is
still progressing ' on the removal of the
rubbish from the site and the promise of
the fine hotel is steadily coming nearer to
realisation. Just how , soon active work
will be started on the building can not
now be said, as the details of the plans
are not all worked out, but it Is hoped
that the excavation will be well advanced
before midsummer.
The laying of the cornerstone of the new
Toung Men's Christian association build'
Ing was attended by ceremonies simple but
Impressive. The Importance of the event
as a fctor In the growth of the city was
attested by the assemblage of a large crowd
of business men and leaders. In the social
and religious life of Omaha, who listened
to the prayers and addresses then made.
The laying of a cornerstone In March In
this latitude la a rather novel proceeding.
made possible In this Instance by the favor
able weather of the winter season,' which
permitted active operations on buildings
under construction to go ahead steadily all
winter. The cornerstone of the association
building, now almost demolished, was laid
on September 16, 1887, nineteen and one-half
years previous to the ceremonies. Tha un
covering of the chest then placed in the
recess, which was removed by the work
men and opened yesterday, discloses In a
large degree the progress made by both the
association and the city since that time. Its
contents were found Intact and In perfect
condition, and show that in every regard
Omaha has gone ahead wonderfully. Work
on the new building Is making such pro
gress as assures Its occupancy in September
of this year.
Omaha la essentially a city of homes.
This la not the mere assertion of a
patriotic real estate vender, but is a fact.
It has long been a satisfactory condition
of Ufa here that an unusually large per-
centage of the population own their homee.
especially among tha mechanics. During
the last two or three years this splendid
oondltion has been Improved, as the men
who work in the shops and factories have
taken advantage of the steady employ
ment and good wages to buy or build
homes for themselves. The result Is that
all over the city are streets such as Is
Illustrated in this number, where rows ot
cosy cottages, well built and comfortable
In all regards, are decupled by prosperous
and contented owners. The workman Is
encouraged to build a horns by all the
natural conditions, and has very generally
taken advantage of It. Those houses that
have beiti built for rental purposes dur
ing the last three years have also been
made attractive and comfortable with their
modern appointments, and the result is
distinct gain for the city in every way.
The home owner is the most Important
factor In the city's prosperity and as such
is respected by Omaha.
Gould Diets has made another Investment.
He has bought from E. S. Marstun for
$o.000 the half block on the east side of
Thirty-eighth avenue, from Jackson to
Junes .itreet. It is a vacant property.
WMUra K. Potter his told to Charles
O. McDonald his row of brick flats at
Park avenue and Harney streets for
$10,000.
Charles O. Bomers paid $S.6u0 for resi
dence property at the southeast corner of
Thirty-third and Pacific streets.
Deeds have gone on record for the trans-
fer of the Paul flits at Nineteenth and
Chicago streets from W. F. Havemeyer
to John I. Redlck for $:8,6u0. The trans
fer was made the day before the death
of Judge Redlck.
Mattle Hardin paid $3,750 for the Col
umn residence at 11 Jo South Twenty
sixth street. Carrie Hrjska bought from
Henrietta Ha sea 11 Williams for $1.9u0 a
house and lot on South Thirteenth street.
between Vinton and Arbor.
List of sales reported by Hasrjngs
tleyden In the last two weeks:
Lot on Maon street, betsreen Thirty-
second and Thirty-third, to Elmer Johnson,
to be Improved.
Two lots, corner Twenty-third and Oak
streets, to Mr, Beat for Investment.
Lot In Hastings Hoyden's addition, on
Cimden avenue, between Twenty-fifth ave
nue and Twenty-seventh street, to Albert
limmer for an investment.
Lot ln Hastings 4k Heyden'a addition, on
tVaudea avenue, betweeu Twenty-fifth ave-
nue and Twenty-seventh street, to Cbrls
Flerger for an Investment.
One hundred and sixty seres of land In
Perkins county to Herman Schaeffer for an
Investment.
House and lot on Webster street, between
Twenty-seventh and Twenty-eighth streets,
to William Turner, for s home.
New house on North Twentieth street,
between Grace and Burdette, to V. A.
Flanagsn for home.
No. 1616 Corby street to Henry Koewler
for a home.
Three lota on California street, between
Forty-seventh and Forty-eighth, to .A.
Armstrong for an Investment.
Lot In Muff View addition, on Bherman
avenue, between nnkney ana &vns
streets, to Clara O. Fenwlck.
txtt In Hastings A Heyden's addition.
on Fort street, between Twenty-fifth ave
nue and Twenty-seventh street, to Erail
Sholl.
The city Issued the following building
permits last week: Benjamin Bhafton for
js.ooo brick store building at 1115 Doug-
itreet. tt. p. Steam Bakery. 4?.M0. al
tPr9ti0ns and repairs, Thirtieth and Lake;
M M Qrmsby, $2,600 frame dwelling. Nine
Urntn and Bpi-ague; W. K. Totter, two
Limn tric1t fiats at Twenty-ninth and Har-
nPy. Charles -JuncJL two 11.200. frame
&welIngg t Sixteenth and Center; I An-
dPrg0n. tnrea 12.000 frame dwellings at
Twenty - fourth and Maple; J. 8. McAllister.
tt.cno frame dwelling at SMS Franklin; Dr.
a p. . winoo row brick fiats. 918-23
Nortn Twentv-third street: Jens Petersen.
dwellings at Thirty-third and Seward; II
H. Bergcr, ll.ffio frame dwelling at Twenty-eighth
and Spalding; Lillian L. Bishop,
$2.CflO frame dwelling st Seventeenth and
Blnney; C' D. Itutson, $700 frame dwelling
at Forty-third and Brown; It. C. Strehlow,
two $2,600 frame dwellings at Forty-first
and Harney; J. Swanson, two $S00 frame
dwellings at Thirty-fifth and Burdette;
Ous Anderson, for a $1,200 frame .dwelling
st Forty-eighth and Mason.
F. A. Hennlnga Is drafting ' plans for
the folowlng residences: For Charles Her.
ron, D. D., at Twenty-first and Emmet
streets, $5,000; for Dr. E. Holovtchlner, Six
teenth and Castellar, $4,600; for George
Karbach, Thirty-ninth and Chicago, $3,200;
for John F. Hock, Thirty-fifth and Jack
son, $5,000.
Florence Is getting the benefit of the
growth which is legitimately coming to
Omaha and a considerable demand already
exists for sightly lota for residence pur
poses. This town offers all. the heat ad
vantages of a suburb, with water, side
walks and electric lights and plenty of
street cars,
The fifteen minute service on
nd the good connections at
the cars
Twenty - fourth and Ames avenue make this
suburb a desirable place for a cheap home,
The boulevards will be opened out this
summer and other improvements made
which will put Florence to the front. No
more suitable spots for the location of a
sightly home can be found anywhere than
In Florence. The hillsides overlook the
river for miles In each direction. Floren.ee
was always a favorite run for the bicycle
men and Is Just as popular with the owners
of automobiles. The water works plant
Is one of the sights of the city.
Said a man In close touch with the realty
situation:
"I heard a few days' ago that W. T.
Graham would soon announce the names
of his partners in the purchase of the
First Christian church property. He hasn't
made the announcement yet, and It seems
that he now Intends to keep it quiet. Well,
it's pretty hard to keep anything like that
under the hat, and I think the publlo will
know before long who the others-are. I
heard on what I consider reliable authority
that John C. Wharton and Oeorge Thum
rnel were in with Graham on that deal, but
If you talk to them they will deny It un
equivocally.
"This reminds me also of the mystery
connected with the sale of the Campbell
hemestead at the southwest corner of Sev
enteenth and Dodge streets. Harrison A
Morton took an option on the property at
$3S,000 and later sold it to a syndicate for
scmethlng In advancs of that figure. The
publla did. not know anything of the pur
chasers until F, D. Wead came to the
front as one of the owners and trustee
for the syndicate. Now Mr. Wead says hit
partners are a group of young business
men whose Identity will not be disclose 1.
I'm not sure they will keep tha secret.
Some of the real estate men can make
some pretty close guesses, and you can
bet It will leak out before many months
or even weeks, have passed."
Real estate and rental agents say there
never was a time wlun so few vacant
houses were to be found in Omaha. Last
spring and summer there was but a small
"slack," as the agents say, and this season
It is still smaller.
"I drive about the city' a great deal,
north, south, east and west," said A. P.
Tukey, "and I tell you one can see not
more than one or two vacant houses in
th9 curse of a half day. unless he knows
,u.t whw more are ,n(j drlvM t0 tnem
Considering the fact that many houses
wer, ,rected ia,t ,prlnr nn(1 ,nRt the
activity In house building this spring I
,hl. -onamon shows a nnM nwth
great, this condition shows a rapid growth
of the city."
"One day this week we had twenty-five
calls for houses and only two houses on our
list," said Byron Hastings. "These were
not from people who telephoned, but every
one was In an earnest hunt for a house
and camo to the office In person. If. we
had counted all who .telephoned I do not
know how many there would have been.
It was only one day we kept count, but
I truthfully, believe that an average of
twenty people a day oome Into the office
looking for houses to rent. A goodly
number are trying to And new houses al
ready built. Last year we erected several,
and this year there have been so many
calls from people who have not time to
oversee the erection of their own resi
dences that we are going to build a number
more. The possibilities In this line are
limited, however, because we only can
build for a man who Is thoroughly reliable
and able to pay when the house Is com
pleted. It doesn't pay to put up a house
and aell on amall payments, because of the
nature of the Nebraska foreclosure laws."
"Why Is it these people don't buy their
houses instead of renting? It is beciuae
nobody will sell to them," said Alex Reed.
"These days when a man builds a house
he wants a big payment on It, and tho
majority of people who rent possess but a
few hundred dollars at tha best. The only
thing they oan buy outright is the very
smallest kind of a cottage. A house that
amounts to anything at all will cost at
least $1,610, and ths lot on which It sets
would be worth $uQ."
Reform Needed.
"Senator," asked the reporter. "Is there
likely to be any Tetorra legislation in the
near futureT"
"Probably not." answered the eminent
statesman, "but the conviction la growing
that there ought to be a change In the
form of administering the oath In courts
of Justice."
"In what respectT"
"Well, it is felt that a witness should
be sworn merely to tell the truth and
nothing but tha truth. Telling the whole
truth Is not only unnecessary ln most
oases, but is sometimes blalily Injudicious."
Chicago Tribune.
WORK FOR ME MODEL CITY
Aim of the Real Estate Exchange in Ita
Modern Activity.
PROBLEMS THAT ARE TO BE SOLVED
P. D. Wmi Tells ot What la to
Be Done hy the Rody
nd How It May lie
Accomplished.
The problems before the Real Estate
exchange are numerous and considerably
different then they were when the exchange
was flrst organised," said F. D. Wead, one
of Omaha's leading real estate men. "For
Instance, a clause In the constitution of
the exchange says 'to restore business
confidence. This Is no longer needed, for
the confidence in Omaha la hers and here
to stay. The problems before the exchange
at present are, first of all, the general wel
fare of the community, and, second, the
real estate interests, which are in reall'.y
linked with the general welfare.
"The Real Estate exchange was organised
for tha purpose of promoting the particular
Interests of the real estate owners and the
general welfare of the city of Omaha. That
It has done effective work along these lines
Is well known, for It has acquired a reputa
tion for doing good work, and It wields
such an Influence In this community that
at this period of business awakening In
Omaha It is wise to anticipate and con
sider what problems may come before the
exchange for solution. With the growth
of the city will naturally come a growth
In the membership, which Is hoped will not
be so rapid as to change the present har
mony and conservative policy which charac
terizes the exchange today. For the good
of the real estate business everything
which tends toward a bcom should be dis
couraged. Values of property generally
should be based upon the earning capacity,
rather than on futures. "Permanent Invest
ments in real estate should be encouraged
by reducing the carrying charges, thereby
increasing the net earnings or permittlhg
lower rates of rent. Many things may be
accomplished by a concerted effort on the
part of the members of the exchango
which cannot bs done by individual effort.
Oeeeral Welfare Problem.
"Under the head of general welfare, we
should study to see how we can obtain
a better class of cltlsens In the great
growth which we are anticipating, for
the best attracts the best, and when the
report goes abroad that this is a good
community to live in the beter class from
the outside will be attracted.
"Not that we should shirk our responsi
bility for caring for our share of tha
unfortunate, for we must do that from a
moral standpoint, but from the city's
standpoint we should have good govern
ment, for that Is what people first Inquire
concerning. We shoull have clean
streets and streets that are not filled
with holes, for the flrst impression Is often
lasting, and a newcomer to the city should
see the streets cleaned and well paved.
We should encourage the Park board In
beautifying the parka and should have
good laws and see that they are enforced.
Conserving Real Estate Iaterest.
"The real estate Interests may be best
subserved . by making real estate Invest
ments attractive and seeing that property
la In condition to bring fair rates of income
on the Investment Prices should be stable
Instead of fluctuating. People holding
leases on property should be more careful
In the care of the' property under their
charge, and the real estate' men should
do all possible to make property ' more at
tractive. "The railroads should be made to pay
their share of taxation and this matter
should be the especial work of the ex
change. The railroads only pay about
$3,000 tos taxes at present for all the val
uable property they, own and use In this
city. Things are in such ' a state that
when a iailroad buys . piece of property
for $10,000, on which the owner has been
paying a just' tax, that much taxable
property is Immediately taken away from
the city and the treasurer might as well
draw red Ink through It.
limit to Bonded Indebtedness. ,
"A atop should be put to the practice of
perpetually bonding the city to the limit.
The argument that It Is a bill which future
generations will have to pay when the city
Is larger and can better afford to pay
does not hold. When eastern capital la
looking for an Investment it does not seek
a city which Is bonded to the limit. It is
Just like a man movtr.s to town and wish
ing to Join a church. He will not seek the
Church that is head over heels in debt, but
seeks the prosperous ohurch with no debt
to carry.
"The exchange should discourage the
erection of cheap tenements, for these do
not give the proper facilities for leading
good lives and has a tendency to bring a
lower class of people to the city. The
exchange should encourage good men to
stand for the offices of the city. The repu
tation of the city should always be borne
In mind and all these things help to give
the Investor a good impression of a place
where he wishes to place his money.
"The problem of cheap power and cheap
March Building Record Shows Shows Slight Decrease
Bad weather had its influence on building
operations in March. During the month
Just closed permits were taken in twenty
six of the principal cities of the country,
according to official reports to Construction
News, for the construction of 10,671 build
ings, involving an estimated cost of $46,-
C1TT.
New York, Including Manhattan and Bronx
Chicago
Brooklyn
Philadelphia .,
Los Angeles
Bt. Louis.....
Toledo
Washington
Kansas City
Detroit c...
Denver
Milwaukee
Duluth
Seattle
Bt. Paul ...
Louisville -k
Minneapolis
Omaha
Atlanta
New Orleans
Columbus -
Memphis
Grand Rapids
Allegheny
Levenport
Cleveland
Total
This fahlng oft may be attributed wholly
to bad weather, for it was then that the
first touch if winter was really experienced.
It was ftl'. keenly ln Chicago where there
was not only an interruption ln actual
construction, but also lu projected work in
the hancU of architects. The falling oft ln
Chicago was 10 per cent. New York's gain
b.-- .,ntw S m un T"!,, tilth's nla nifr
tba same month a year ago was 668 per
cent, which might be accounted for by the
nermlt for one larae building. Construction
ln Los Angeles continues active, the gain
being 84 per cent. Louisville 54 par cent,
Cleveland 43, BU Paul 8S, Toledo A Davea-
fuel la always before us and the exchange
should be always working with the Com
merclat club in looking for some plan to
get these Into Omaha as cheaply as possible.
"The model 'city should be a slogan, nod
with tha clean streets and better pave
ments we should encourage the building
ot more permanent sidewalks. In this con
nection it would be well for the city to
have a Contract whereby these sidewalks
could be obtained at wholesale prices. This
was formerly done With board walks. A
man could wait and have the city's con
tractor put down board walks cheaper than
he could put them down himself, or even
cheaper than he could buy the lumber.
Buch is not the cose now with permanent
walks. If for some reason a man neglects
to put in his permanent walks when ordered
and the city has them put in by contract
It costs the owner at least 21 per cent
more than he could have bought the ma
ter ln.1 and had them put in by day labor.
"The exchange has done a 'magnificent
work in the past and the future offers a
still wider field for its labors. Let the
men continue to work In harmony as In
the past and wonderful things csn be ac
complished for the city of Omaha."
SOUTH OMAHA BUSINESS GOOD
Activity la Real Estate la the Great
Packing Center Is Satis
faetory, '
The movement of real estate in South
Omaha, accordlnc to the statements of
the prominent mtn engaged in the busi
ness, has been steady and reasonably ac
tive. Wherever the conditions are favor
able, that la where there are good streets
with paving, there has been no trouble to
tell all the property offered and at profita
ble figures. Ot course much property has
been placed on the market at prices which
meant slow selling, but where the Intention
was to dispose of property, It found ready
buyers. Publlo and private Improvements
have Increased at a fair rate during the
year. There has been uniform work done
on many of the publlo streets. It will not
bo long before all of thorn win be brought
to grade. Property for business purposes
on Twenty-fourth street has been on the
move during the whole year. Three new
brick blocks are ararnged for. Construction
has begun on the Wilcox barn at Twenty
fourth and J streets. Excavation is rap
Idly progressing for the building at Twenty-fourth
and L streets, on the Plunkett
property. This will be a $16,000 building,
leased for a term ot years to the Gibbs
Home Furniture company. The Nebraska
Telephone company will begin the construc
tion of Its new exchange shortly.
More flattering still than the activities
of the past year Is the outlook for the
coming season. Twenty-fourth street is
to be repaved and Missouri avenue is to
have new paving put in. This will be a
great Incentive for the movement of prop
erty In that part of the city. Much addod
Impetus will come from the construction
of the South Omaha sewer system, for
which bonds have been voted and for
which the legal steps are well under way.
Two other blocks are planned for Twenty
fourth street and there are rumors of
others still. These two are the Koutsky
Brothers' building for hardware, crockery
and paints and the block Just north of
the postofflce to be built by Dan Hannon.
These will be substantial structures of
brick. The real estate transfers for ths
last month have taken on greater activ
ity than for many years past. All of the
real estate men are doing a good business.
Wireless Telegraphy oa Trains.
Consul Daniels ot Sheffield reports that,
by license ot the postmaster - general, the
Midland Railway company is conducting
a series of experiments In the vicinity of
Derby to determine whether wireless teleg
raphy can be used In connection with their
fast train service between London and
the north. ' The system adopted was con
ceived by Sir Oliver Lodge and Dr. Alex
ander Mulrhead, who are assisting ths
electrical engineer ot the railway. The
difficulty with the aerial wire constituted
the greatest problem. In order to test
the idea under, the most disadvantageous
conditions an old car was used as a re
celvlng station: The aerial wires were
carried on' porcelain Insulators, the' height
of the wires varying frohn nine to fifteen
inches above the curvature of ths roof,
It Is claimed that never before has so short
an aerial wire been used In wireless teleg
raphy. From the roof the wires, arscar
ried in a small cable through a special
Insulated fitting to the interior of the van
to the receiving instrument. Here the suc
ceeding . waves of dots and dashes are
separated and resolved Into words upon a
drum ot psper similar to those employed
tn a tape machine, the message being writ
ten by a Lodge-Mulrhead syphon recorder
such as is used with marine cable In
struments. The transmitting station Is
situated in a hut near Derby, with an in
stallation of appartus for sending the mes
sage into, the air. Outside the cabin is ths
aerial wire, which follows conventional
lines, being supported upon masts forty
feet from the ground and connected with
a spark gap and coll for Increasing the
strength of tho electrical Impulse dis
charged from the transmitting Instruments
at the station. The experimenters find the
common trouble of enormous electrical
energy being required to obtain successful
conversation, especially to compensate for
the short aerial wire used at the receiv
ing station.
116,811, against 18,816 buildings, aggregating
ln cost $49,931,184, for ths corresponding
month a year ago, a decrease of 1,844 build
ings and $8,818,873, equivalent in cost to 7
per cent. In thirteen cities there were In
creases, while the same number show i
falling off. The figures in detail are as
follows.
1906. 1j6. Per Cent.
No. Cost. No. Cost. . Gain I Lots
628 $16,979,840 870 $11. 874.700 T
Vat 4,27,tS0 c6 8.116,866 80
l.iAJ 4,,ail l.isg 6.816,1,'M T
t.(4 6,1X2,646 1,91 6,147,760 16
Wil t.&.M 768 j. 178.148 M
669 l,Hi.m 1.0J0 $,01f.41 86
12 1.126.675 m 919,871 22
878 K4.407 4SI 1.679,799 49
297 896.346 678 1,6:8.166 ...A. 41
OS fjg 7i-6.1'0 1$
19J 818.6t4 293 737,070 11
819 7WJ6.I8 40 917,680 $3
80 690, Ul 7 89.H31 868
666 673.6a 731 774, lk4 14
1 644,644 268 402. 9 86
t!i 642,466 tv2 861.668 (4
814 44,445 669 864.640 41
163 44,8u0 114 419640 7
78 429.6.4 $47 M.607 18
404. M6 48 81! $
114 248.640 1U 44.010 49
2d6,40 858.466 81
11$ 1C7.1 166 161.069 1$
81 126.176 61 138.076 I
18 81.2.4 26 47.4Z6 80
664 1,2)5.015 584 866,(k 4$
10,671 ImTiU.SII 12.664 $49,932,184 7
port 10. Atlantlo 19. Grand Rapids 1C, De
trolt 1$, Denver 11, and Omaha T.
Other than the weather there were no
untoward events to interfere wlV ' con
struction: Tha demand everywhere for
buildings of all kinds was nsvsr stronge
and as a consequence rents ars high and
the prospects are that they will go higher,
n.A if-munA a kl.h niHn.. afllmitlAtma rnn.
struction. During the reoi;nt plaasanl
weather there has been a revival of activity
with every reason to believe that while
the season may not continue to show the
enormous heavy sains established from
tlmi to time recently It will Ve a busy one
SUBURBAN ACREAGE' PRICES
How They Ar Determined fcnd Why They
'Are sJly Low.
ATTRACTIONS OF THE OUT-OF-TOWN HOKE
K. Arloa Lewis Dlseaasee Some of the
Frslnrei of the nnslaeas af
Selllasr Acre 'Tracts to
Home Ballders.
The demand tor acre property within a
reasonable distance of Omaha never was
better than now. But this field of ths
realty market is new. to many, and there
fore It may not be out of place for a few
kindly suggestions, as between buyer and
seller regarding this class of property. At
present the "go-between" or agent Is Im
pressed with the necessity ot pointing out
the praotical benefits ot these kind of sales,
flrst to ths buyers, so that they may realise
the difference between buying an ordinary
city lot and an acre which is equal to about
five and a half lots. Secondly, the sellers
are to be labored with to convince' them
that much is gained by these acre sales,
which stimulate values until attractive lot
prices can be realised.
Improvement whether ln town or coun
try, enchance surrounding property and at
tract attention to localities that have
hitherto remained but a memory upon the
map of the "boom-time" lot agent
What aa Acre Will Do.
The I possibilities of a single aero
under proper cultivation seem Incre
dible when one investigates. A lot
affords of course a site for a house, etc..
but an acre Is capable, if worked to the full
extent, of supporting a family, as It Is the
home site, the garden plot, the chicken
range, the fruit patch and with alfalfa
trimmings will keep the milk account at
home.
Many people lay too much stress on dis
tance from cars, as a barrier to the pur
chase of suburban acreage, but this is a
great mistake, as the tilling of a few acres
necessitates the keeping of a horse, so that
the transportation problem is also solved
at home.
Values must be carefully understood, so
as to discriminate between suburban acre
values and farm land values, as they are
not at all synomymous terms. The buyer
usually makes this error and spends the
best part of the year trying to prove that
be can buy acre property at fnrm land
rates.
The reason he cannot Is Just and proper,
as no farmer Is willing to cut up and
destroy his farm by peddling it out at
retail for the same figure he can soil the
farm at wholesale. The Investor comes
along, buys a large farm tract, cuts it up
into acre lots and must get a good margin
to enable him to handle the land in this
retail manner.
Values of Aere Property.
Good sltaly acre property ranges In price
from $200 to $400 per acre on the average.
The price Is regulated by distance' from
cars and Ita general character. Some
beautiful spots very close to town will
reach the $1,000 mark and some can be found
as low as $160 per acre. Acre property to
be had at $100 per acre, always needs somo
explanation and Is doubtless in the Papplo
bottom.
Again, an agent will price a lot on one
side of the street at, say, $500 per lot and
have no difficulty in making a sale, while
or) . the other side of the street, directly
opposite, he has an argument over values
when he offers an acre at $1,000. This is
all because this buyer has heard the word
acre used and at once imagines he is buy
ing farm land, acreage. Comprehension
seems dulled by the sound' ot $1,000 an
acre, and never for a moment realises a
chance to get a lot at the rate of $200 In
stead of $500.
Aere property in or around Omaha is
generally ln close proximity to lots being
sold at three times the acre value rate,
and of course commands a price much
higher than acreage having really no sub
urban classification.
Advantages of Aere Homes.
The Omaha banker and merchant will
soon learn to appreciate our Deautirui,
sightly land, where all the advantages ot
rural life can be Interwoven with a lucra
tive city employment. Healthy outdoor
sports for a growing family and a happy
childhood spent In nature's playground will
brighten many a frail little hothouse plant
till a sturdy constitution will reward the
parepts who cater to a sentiment that
bestows a gift not to be found In the :lty's
busy marts.
The great army making up the toll
brigade of our large cities need only
glance at the tenement rows, with their
bare and unsightly walls and an interior
that will not bear analysis, and then think
of. the green fields, the budding trees and
the freedom and Independence stamped
upon the very life of those who dwell
close to nature, to convince them of their
wasted, wornout lives. New York, Phila
delphia and Chicago are confronted with
the necessity of crowding, but Omaha
offers many acres near Its border for .the
little cottage and stately mansion. The
concentration of so many people into a
mall area is neither' healthy nor condu
clve of .the best results from the stand
point of ths moralist or economist, and
If commercial demands seem at present to
require this, it is to be hoped that the day
Is not far distant when the commercial
will give way to a higher ideal of life.
S. ARION LEWIS.
CUT-OFF LINE INTO
OMAHA
lie Ballt
the
Coaaeetlag
Link Is to
Ashlaad to
Metropolis.
from
Several surveys have been completed by
the Burlington for a line to connect the
new Ashland cut-off directly with Omaha.
When the building of the cut-off by the
Great Northern was flrst contemplated, it
was anounced Omaha was not to be neg
lected In ths new building, which was
planned, but the matter was dropped and
nothing had been heard of the proposed
line for some time. One plan Is to run a
line directly from Yukon to Omaha, mak
ing a short Una by the Burlington, which
la to operate the cut-off for the Great
Northern to Omaha trom Bloux City.
President at Clab Dlaaer.
WASHINGTON. April 7.-At the annual
dinner tonight of. the Boone and Crockett
club. President Roosevelt frill be the
fuest of honor. It will be a private affair
and. although the president Is expected to
make a brief address his remarks will not
be made publlo officially.
Beautify Your Lawn With
- a
C1IM.1P10H IROII AI1D WIRE
r ' ; j V J I
) 7
Cy
"Z. Tred Kerr.
, If you have a 11 Kerr"' Abstract, a $10,000.00 bond with
The American Surety Co., of New York, as surety, absolutely
protects your interests.
!
If you are looking for a home in the city or country, we
can best serve you. .
. Agents for South Dakota lands, especially the Rosebud
country, with prices that are convincing.
The Kerr-Shallcross Co.
, ' Successors to
THE J. FRED KER.R. CO.
1008 N. Y. Life Bid Phone DuJ. 2244
b Jr
I i- C - i
11 1 ass
Shimer & Cliase Go.
Builders of Modern Houses
"Bs it ever so humble
There' no place like home."
Tour means must determine tie
alse of your Investment Happi
ness and contentment la quite aa
of tea found tn a cottage aa a
palace. Draw a pencil sketch of
the house you would build. We
develop Ideas and relieve you of
all the details of construction.
SHIMER & CHASE CO.
Building Sites, Suburban Acreage, Hornet
1609 Farnam. Ground Floor
Douglas 3867
CEFCRE YOU 6IVE BUILDIN3 A SERIOUS
THOUGHT CONSULT
SAM'L DRESSIER
CONTRACTOR AND BUILDER
For valuable advice and assistance.
The most important thing
YOU WILL 8AVK MONEY
2420 LEAVEIIWORTII ST.
'Phones Office, Red TOM; Res., Douglas M71
THE HOME PAPER IS THE
BEST FOR THE ADVERTISER
Our Steel Picket Wire Fence
Our Champion Bteel Picket Heavy Wire
Fence. 19 cents per lineal foot.
Hitch Posts, Window Ouards, Tree
Guards. TrtUUes.
Fifty styles of WrougVt Iron Fsnoe.
OUR POSTS WILL NOT RU8T.
Establishes IMI
WORKS, "JwJM!?1
William J. Shallcross.
It is time
to paint
it
Whnfu paint;
use tf J4St Vatnt
Lowe ' Brothers
fHigh -Standard9
$ECAVSB
' I. II preU bSti.nd
jrers beerfe
4V, It bt-mot
bwauttful colore. .
: 3, It eot th lwMt pr
yctr of irrio.
,4. Th futrtnty U broftd
nd good.
1$, -'lt'OtT Bt Wfrstitifr
. ,7'ti .ill. UU$., ..i.a
: '
"Attractive nomw," :
"Hot to Taint.' ttc.
truer ak rn.Kt
THE ONK BEST PAINT
POR YOUK PURPOSK
MYERS-DILLON
PAINT DEPT.,
i4i harncy a-ntirr
TELKPHONC DOUOLAS At
The Omaha Trade Sctioov
' 01 PLUMBING, HEATING
and VENTILATING.
Is now open and will give to
students a life scholarship for
$100. The course usually takes
from six weeks to two months,
but you can stay until satisfied
without additional expense.
OFFICE 701 S. 16IH Street
Do You Know
JOHNSON
Will make you a low price and do
the best work ln remodeling your
old or Installing your new
PLUMBING
and HEATING
Hot water heating ln either old or
new ri'HlUences and
something; new.
Keep your furnace and have him
put In HOT WATER HE ATI NO In
connection and change YOUR
Hot' HE INTO A HOM.
mum),
Phone Douglas UftO. 1M Harney.
