unday Bee
TOT AD SECTIOn.
P:s 1 to 0.
Year Mny' Worth
THE OMAHA DEC
Best tlT. West
ESTABLISHED JUNE 19, 1871.
OMAHA, SUNDAY MORNING, MAY 6, 190G.
SINGLE COPY FIVE CENTS,
GROWTH IS HOME OWNERSHIP
What Mutual Assoclstisni Art Doinc la
Promotinc Ownership of Homes.
THRIFT THE BASIS OF A COMPETENCE
Freseat Osnortaaltlea for Bom Got
tine la Omaha and. Senth
Omaha Folly ( Watt
la for Tomorrow.
TIMELY REAL ESTATE TALK
Development of a Street by Parking and Paving
Hastings & He j den Call Their New Koith
'",'111 I ' I m F4 ! 1 '' !L i w
v.
1 HE
Omaha
in great number of homisi tinder way
and projected in Omaha and South Omaha
attests the solid basis of the prevailing
prosperity. More gratifying still Is the
fact that two-thirds of the number are
for home owners. While home building by
home owners In eastern cities falls to keep
pace with the growth In population, owing
to tbe cost of ground, here the conditions
Invite the family man to buy or build.
The eastern tendency toward apartment
and flats Is not gaining In favor In the
went, nor la it likely to become a popular
mode of living while borne sites are abun
dant and moderate in price. "I like the
west. I admire the western people," ex
claimed an eastern clergyman In an ad
dress in Omaha. "You-are fortunate and
better situated than In the crowded east."
be continued, "because you have an abun
dance of elbow room for the individual
and room for homee within reach of all 4-
frugal people. There are no home asso
ciations worthy of the name which are not
connected with a home and a piece of open
ground In the sole possession of the fam
ily." Among the strong factors In promoting
home ownership among people of moderate
means, the building and loan associations
occupy a leading place. Self-help and mu
tuality of Interest unite la making them
a power for the ends they seek. Thrift
la the essence of their being, and the union
of resources of thrifty people not only
benefits those directly concerned, but their
example attracts others, thus constantly
widening their Influence for good.
Fifty-nine associations In Nebraska have
a total membership of 11,000, of whom
near'y one-third are paying for homes.
Scarcely 10 per cent of association loans
goes to other than home Investments. Last
year these associations mad 1,148 new
building loans and 1,488 loans were oa
homes already built. The aggregate of
their business for the fiscal year was. In
round numbers, $5,000,000, and their total as
sets passed the 17.000.000 mark.
Four "associations in Omaha and one In
Bouth Omaha represent nearly one-half the
total business and resources of the asso
ciations In the state. It la estimated that
they furnished the money for at least 300
new buildings In the twin cities last year
and a much larger number of homestead
loans.
- Facilities for Bom Getttaa;.
The policy of these associations, is to
provide every facility for the purchase or
erection of homes and - payment therefor L
in mommy installments oi principal ana
interest. ' The Interest charged is a shade
under S per cent, and this rat la further
reduced by periodical distribution of earn
ings. The Important consideration, how
ever, la becoming a home owner for a little
- more than the money paid as rent for a
riven number Of years. The Omaha Home
Building Hews explains this feature of the
business aa follows:
A tenant paying $2t a month rent pays
a sum equal to the monthly installment
of principal aad interest on a loan of $2,150.
Twenty dollars .a month will pay for a
Inan of $1.700 . and wipe out . the debt In
eleven, years. Fifteen dollars a month will
take care of a loan of $1,300, principal and
interest, and pay it oft in the same time.
Let us compare the accounts of the rent
payer and the home buyer and see how
they look In plain figures:
Paid landlord tiO a month, one year....$ 240
Paid landlord in eleven year l.40
Tenant's equity In - property rented,
nothing.!"" .
The home buyer pay on a' loan of
' 11.700 Per month $ 19.55
I'er year 134. ft)
Paid In eleven years LM0.60
Home buyer's net profit 1,760.00
For $00 less than the tenant will pay in
eleven years the home buyer will acquire a
tl.TiiO homestead free of debL Tbe renter
works for the landlord; the home buyer
works for himself I
Answering the objections of people to
the Installment plan of purchase the same
authority says: Many people object to
the Installment plan because they think
the house will cost more than If bought
for cash down. "So," says the renter,
with an assumption of superior wisdom.
"I'll wait until I have saved enough
money, and then I'll buy as good a house
for 11,500. say, as I can get for $3,600 on
the Installment plant" Very pretty, Mr.
Astuteness! But the wreck of ten thou
sand plans like your for saving up money
with which to buy a house for "cash
down," while at the same time paying
rent bears witness te the general lm
practicability of tbe plan. And then dif
ference in the price of a house bought for
cash and of one bought on the Installment
plan la not anywhere near so great a
you Imagine.
Preaeat Opportaaltlea.
Regarding the opportunities and the ad
vantages of home getting now the author
ity quoted makes this convincing argu
ment: The steady advance of Omaha and
South Omaha In population and material
development are Index Angers pointing the
way for prudent 'men to secure a slice of
ground and therewith .keep up with the
procession. General investment is tending'
more toward real estate aa preaenting the
best opportunity to get safe productive
property, with a good chance to share in
the Increment that attends the rapid
growth of the country. Small savings, as
well as masses of capital. Judiciously put
Into real estate, rest on a secure and gen
erally expansive basis. Every family is
better off for owning a home. Such a pos
session is protective, promotes comfort
and' encourages stability. It la a aafe
guard of lawabldlng. conservative cltlsen
shlp. Where rents are high there is an ex
cellent way out. for every thrtfty family
rail manage to become Its own landlord
and take an active part in Improving Its
surroundings.
Walt until tomorrow? Tomorrow comes,
but when It arrives It Is not tomorrow.
It is today. "It's sasy, this way of doing
things tomorrow, sure oneugh," says a
. philosopher, "but there certainly is one
drawback to It It doesn't roll up much
surplus. As a matter, of fact. I suppose
the only work we ever get paid for is the
work we do today.
'The things we are going to do tomor
row produce no revenue. Polng things in
this way Is easy, but It yields no great
returns, as I know from long experience.
Other men that I know, who have collared
things as they came along, who have not
put things off till tomorrow, but have ac
quired tbe habit of doing things today,
siave grown rich, or have come to be at
least nta of comfortable means, while I
hav nothing; I am Just where I was at
the beglnr'M aolng t have something to
morrow."
- .:t t -j.. ' .
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VIEW - OF
At the Congregational church Jubilee dur-' 854,809.25. Search the records of the com- City, the Bank of DeSoto and the Bank of
lng the last' week Mr. Charles B. Anderson mencements of any state in the anion, Tekamah. These banks were with prao
of Crete, Neb., read the following paper: - and find if you can another state that In tlcally no restriction. The public protection
The material advancement of this state the first fifty years of Its settlement shows was the Integrity ' and financial ability of
In the last fifty years is the history' of Ne- any growth to compare with that of Nn- those securing the charter. Under the
braska. The Star of Empire had not shone braska. unlimited powers given these Independent
west of the boundary of the Missouri river
fifty years ago. Nebraska was an unknown
land, save for the poor reputation that bad
been given the territory by the early ex-
plorers. It wa largely regarded as a des-
ert land, and even the first settlers who
were found here In 1856 had little or no
hope that the state was fit for agriculture,
beyond a limited area along the. Missouri
river.
Irving, In estimating the material value
and tloturlng the future chances of this
vast prarle empire, now Nebraska, says:
"It is a land where no man permanently
abides. Such is the nature of this immense
wilderness of the far west which apparently
deflee cultivation and the habitation of
civilised life. Such portions of it along the
rivers may partially be subdued by agri-
culture. Others may form large pastoral
tracts like those in the east. But it Is to
be feared that a great portion of it will
form a lawless Interval between the abodes
of civilised man, like the waters of the
ocean and the desert of Arabia, and like
them be subject to the depredation! of
marauders.''
Fifty Tears Age.
In 185$ the government had Just secured , Crop Statistics,
from the Indiana title of the land, but The first crop statistics of Nebraska were
the Red man wa the dominant force in.,, t0 the public la, the United States
the population.' The immigrant trail waa cenau, or 1860. Before that date not more
th only means of communication to the than enoueh to meet the little local demand
EE !'!!r ..JTiT.
u" -
ui.,,ri riuju. .r. h nnnnantin links
- " asw tne territory proaucea mt.uoq duiwh
wtlh th elvlllaaUoa of the at In no of wn(Mlt and a. 400.000 bushsls of earn,
way can th material advancement of Ne- porty.fiv, yearB jatar. !n the year 1305. th
braska In the last fifty years be shown ,ute of NebraBka proiuced 4i,ooo.000 bush
more pointedly than by a tew comparisons elB of whcat and 245.000,000 bushels of corn.
of the then and tne now.
In 1866 when the enumeration of people
was made in this territory,. tne total wnite
popuiauon was iouuu 10 w w.
this number nine elaves were enumerates
4-rooaDiysnoi one-nan oi iu puimiuun
iouna ai win "
dents of the territory. Five years later
the population of the - terrtlory had only
reached $8,000. Today It has grown to
1.400.000.
The territorial life of Nebraska began
when the act constituting Nebraska a dis
tinct territory and opening up its lands to
settlements was approved May 30, 1854.
When the Civil war war broke out In 18C1,
though the population comprised less than
30.000 people, yet Nebraska furnished to the
Union army 3,807 'officers and men.
Admission ae to State.
In 1866 the legislature prepared a const!-
tutlon for a atate government, which a
vote of the people confirmed by a
small
majority. The first legislature under the
state constitution met July 4, 1SA6. The bill
to admit Nebraska aa a state was passed
over the president's veto, and proclaimed on
March 1 1867. The first capital of Nebraska
waa at Bellevue. it waa removea 10
Omaha ln 1856 where It remained until it
became a state when It was taken to Lnn-
. . ' k.i . h.... hA,,..,
whose name was then changed to Lincoln.
In 1863 the site of the city of Omaha waa
claimed. In 18&S. just fifty years ago, the
entire population of Douglas county was
but 1.028. Today the city of Omaha alone
has 140,000 people. It was a little less than
forty years ago when the city of Lincoln
first appeared on the map of Nebraska;
and yet In that short space of time It has
become a city of (0,000 people.
In 18&S there were only seven towns ln
Nebraska with an organised town govern
ment. It was exactly fifty years ago when
the leading town ln the terrtlory, Bellevue,
first .elected city officers and established a
city government. Today there are ln Ne
braska C43 incorporated towns and cities.
Coming of the Railway.
There la no one tact that shows more
strikingly and emphatically the ma
terial development of the atate ln
the last fifty years than the com
ing of the railways and the maner in which
they, have made Nebraska one of the great
est producing states ln the union. In 1K&
the territorial road was surveyed between
Omaha and Fort Kearney. Over the old
trails to the mountains the plodding immi
grant trains, with their guards by night
and their outriders by day to protect them
selves from hostile Indians, were the trans
portation' companies of the time. Today
over practically the same trail goes th
immense transcontinental traffic of the Union
Pacific railway, .one of the greatest line
In America, with service that could not
have been dreamed or realised by the pio
neers of half a century ago. Fifty years
ago railways to the west were just well
started west from CI he ago. Only a little
over forty years has elapsed since tbe first
railway train waa seen west of the Mis
souri river, and yet today Nebraska has
fOOO miles of rallwaya. It Is not fifty years'
growth, but forty years' growth that has
planted in this state th railways of Ne
braska, which under th valuation of 19
showed their Investment to b $233,324,881.
Growth of Material Wealth.
In 1866 th value of all property, " real
and personal, found In the territory of Ne
braska, was $1.705.ls. Over against this
Item stands the total valuation of property
of all kinda In thla state, exclusive of rail
way property, which la ahown by the
grand assessment roll for UOS to b $1,(23.
c'APITOt. AVENUE IN 1S80.
Nebraska's Material
jQ igc6( outside of the frontier black-
amith, who repaired the broken wagons
that traversed the plains, and who made
the crudest kind of repairs npon the few
implements that were used In the first
attempts at agriculture In Nebraska, there
was nothing that could be called manufac-
turlng In the limits of the territory. The
unitei states census of 1860 gives the first
record of manufacturing In what Is now
this state, and the numbe of manufao-
tures was listed at 107, employing 236 peo-
pie. what Is the record today? The latest
statistics of manufacture In Nebraska fur-
nlshed by the United .States government
for the year 1906 show . that there are In
the atate 1,819 manufacturing plants, hav-
ng a capital of $S0,000,00O, having over 20,000
employes, paying In wages over $11,000,000
annually and turning out finished products
to the value of $154,918,000 every year. And
yet Nebraska is not numbered among the
iarg;er manufacturing states In the union.
jt is a secondary proposition in the annual
weaith production of this state. But yot
what an enormous growth in this line of
manufacturing; is the less than fifty year
record.
0t th few ear,y ,ettIer W" P"
tne territory that is now Nebraska. .... in .
.. . .. . .
Lss than flftv Tnan nn 1 hrri nf
buffalo were roaming over our state where
toda 3971-70 hii nt rtti nhr hMM
and h are feedln on our fertli, Dralrles.
The VJ tock reCJ.,pts at th south Omaha
m-.i.,.. inn ,i,,rin th v.or. iaiK r.nr.
sented nearly $75,000,000.
Tk. . .v,-
braska In 1906 agricultural Droducts and
stock to the value of f96 000 000 How can
we comprehend figures of this kind? And
what a marvelous story less than fifty
years of Nebraska tells the world! In
round numbers the state of Nebraska in
the last ten years of Its history has pro
duced in its corn crop alone over two
Diuion Dusneis or that cereal. And re-
markable as the growth of this state
In Its develonment of railway. Its develon.
ment of .manufactures and its agricultural
development, equally remarkable is the
financial growth of Nebraska In the last-
fifty years in th. fln.nriRl nd hanum- m.
stltutlons.
. .
Banking I.tere.ts. .
In 186 there were seven banks In the
Territory of Nebraska. These were the
- -"""
Ban of Nebraska at Omaha, the Bank of
Florence, the Fontanelle bank at Belle-
vue, the Platte Valley bank at Nebraska
One of Omaha's New Retail Palaces
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BUNTEBLAND-WEB8TER BTTMMNQ AT SIXTEENTH AJTD HOWARD STREETS TO BB OCCUPIED WHEN COM
PIJTKD BY THUS F URN I TUB 19 E STABLJSiiiiENT OF MILLEK, BTUWAKT A fetlATO.W AND TUB CIxjN-AUUE-KELMOND
LfcT GOO Lei COMPANV.
Growth in the Las! Fifty Years
banks they could Issue almost unlimited
currency. In an argument in the first ter-
rltorlal legislature when the chartering
of additional banks was under discussion,
11 wa" declared that the . banks already
ha1 th power to Issue their currency to
th extent of over $3,000 for each man In the
territory over a years of age. That was
the beginning of banking in what is now
thl8 tate. Out from It grew the appellation
wildcat banking and failures and de-
faults were of almost everyday occurrence,
11 would be interesting to show In detail
th growth away from the wild banking
methods of fifty years ago In this state,
t0 the fixed, safe and unassailable banking
conditions which exist in Nebraska today,
11 aufnetent, however, to show here sim-
Ply n material growth of banks In this
atate In the last fifty years.
On' thirty years ago the national banks
,n thl tate numbered nine. January 1,
1908 the number had Increased to 162 na-
t'onat banks in. Nebraska. The total num-
ber of banks in this state on January 1, this
yr' fltty far" after the flr8t banks were
tabllshed, numbered 70s. These banks,
00m national ana staie, naci a capital or.
nearly $25,000,000. and the de,xsits at the
same time amounted to $133,432,082. How
the wealth of the1 people or this state haa
Increased since the first settlements In this
territory were madet What a growth even
ln the last thirty years, from a few mil-
Hon dollar, in a few banks In the state to
jim. 0OU.0M In over 700 bankal
fJW.ow.ww in over to nanus I
Story of" Ten Tears. ' ' :
. And the story of the last ten years in
the material advancement of the people of
this atate, represented In their banking
Interests. Is eouallv lnterestlnr. In the
last seven, years the deposits in the banks
of Nebraska have increased over 378.000.000.
In six years', time the deposits in the
banks ef Nebraska have doubled, and when
We oons der the develonment of the banklna
business for fifty years and the marvellous
progress that Is being made by the people
' this state along the highway of wealth,
WHU CB,n " w"l anomer nnjr years ur
even wnat anouier len years win snow xor
the wealth of the people of this state,
through their banking institutions?
Let me for a moment on this occasion
digress from my subject to aay that now-a-days
we hear it said that progress and
civilisation follow the flag. And so they
- tut 1 want 10 DUt 11 m anier way.
Civilization and progress have in Nebraska.
an1 1 believe generally, followed the Chris-
tlun church- How ch ws ar Indebted
t0 th missionaries and the splendid
Christian ministers who have unfurled the
h.nn.r nf fhrl.t I- ..t.hll.h ! ,h,..
In new territories, and who by their de-
vo,)on Mcrlnce, and untMng ,eal ave
kept that banner ever floating. How much
we Congregatlonallsts owe to those who
..luh.,. ... vii.B.cBaiiuni -""'"-"
of Omaha, whose golden anniversary we
celebrate here today. The planting of
churches has and ever will advance the
'..?,,.wL:' : r-
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SAME VIEW IN 1906.
material
growth and welfare of
any
country.
Growth of Chnrebee.
Tou will note from the figures I have
Just given you that there Is on deposit In
the banks of Nebraska nearly 1100 per
capita for every man, woman and child In
our state. Permit me to say, aa we have
been so blessed and prospered by God,
can we not, with our almost 16,000 member-
ship In our Congregational churches In
Nebraska, contribute for one year at least
$3.75 on the average for each member to
be used specifically where It Is so much
needed? To illustrate: Sixteen thousand
members at $3.75 per member equals $60,-
ooo. of which to the support of home mis-
slonary work appropriate $10,000; to our own
college and five academies Doane, Franklin,
Gates. Weeping Water and Chadron ap-
proprlate $50,000 toward new buildings and
endowments, which are so much needed.
with the splendid showing In our state In
material growth, we can do this if we will,
our Christian college and academies are
not only training the minds, but building
character, which will enduro In the lives
Cf the young men and women who go forth
from these institutions.
But I muBt resume my subject: If we
need another Illustration of the way de-
velopment has come to this state, in the
year 1856 there were four newspapers In
the then new territory, inis means 01
public communication had hardly taken
n8 first step In that year. But today, after
the lapse of fifty years, the newspaper.
the giant of communication, has reached
jn thl state the total number of 641 publl-
catlona of thla character.
Along Educational Lines. ,
' .There is another field and' another "iv- Ttte Board of Education Js expected Mon
lustratioh of the- material development In day night to try to solve the question of
this state, which goes far toward the foun-
datlon for all the success pictured in the
development of Nebraska. The pioneer set-
ti. in ihi. larriinrv hlimri In nuhlln
education and the establishing of the means
hniM men nf hintv frnm the children
0f the cioneer days In the territory. An
act to establish public schools was passed
kv rho tnrrnriir lenHniAtiirn nnrt nnnraved
January 26. 1S56. At the same session of
the territorial legislature' three unlversi-
ties for the territory of Nebraska were
incorporated. wnat 11 meHe nrsi sieps
accomplished, little and that the proposed
universities never existed save on paper?
The spirit of the pioneer wus there and
the expiration to make for this state a
great educated community was uppermost"
In the minds of those who had the destiny
of Nebraska In their minds fifty years
ago.
th. ..rroK.iv. .nirit for education
that characterised the pioneer has been
dominant every step of the way In the
development of Nebraska up to the pres-
ent. Fifty years ago there was o.ny tne
Ih. .I.k fn, -Hn.tlnn In thla
state. Today what have we? A perma-
nent school fund for aid and support of
public schools, amounting to $7,197,000:
school lands for the use of the public
tnwia .,,v,,vw - " ...u
can fairly be valued at an average of
$2 per acre. The value of the publlo
school DroDerty in Nebraska buildings.
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grounds and equipment Is over $10,000,000,
and we are expending In the support and
maintenance of the publlo schools of the
state $5,000,000 annually.
Great State tlalverlaty.
From the chartering of three unlversl-
ties fifty years ago, from which nothing
came, the University of Nebraska, with
a plant valued at $1,600,000, stands at the
head of universities In the state and among
the foremost universities In the United
States. Besides this great state instltu-
tlon there are some sixty-five colleges and
academies in Nebraska, without counting
173 smaller private schools. The value of
the plants of these colleges In this state
Is nearly $4,000,000, making a total of
millions In the educational-development of
this state, where there, was not a single
dollar for the promotion of education fifty
years ago.
In this so much briefed summary of the
material development of Nebraska in the
last fifty years, what more fitting climax
of the growth In wealth and business In
every direction than that shown by the
educational growth of the state? Only
through the Intelligence and the honesty
nd manhood that education puts into the
individual can we hope" for business suc-
cess and financial triumph and for the
high moral principles which underlies all
tool in the development of a common-
-
VINTON SCHOOL PROSPECTS
Board of Edaeatton "Will Hav Mat.
ter at It Moaday Night
I r , Meeting.
which local architect shall draw the plans
for the new Vinton school on the south
eld6- There is a wide difference of opinion
among the members and an effort will be
made, doubtless, to thresh the thing out In
executive session. Member Lindsay has
aervea notice that he will oppose barring
the nd excluding the public, believ-
mg that all worth saying can be uttered
,n puoiio neanng.
John La tenser, T. R. Kimball, Fisher &
Lawrie and Frederick W. Clarke are among
ho have friends
on the board "upport their claims. Varl
ous reasons are being raised why certain
architects should or should not receive the
contract and some xest may be Injected
Into the meetings of the board, which have
had a remarkable placidity for months past.
Another mattor to be brought up will
be the request of the Woman's club for a
separate school for delinquents, where they
may blvn ,Pec'1, '"'fruction and train-
J"kr
' '" h". L H
. " , ... "". '
' -. I VHB is 1BCK Ol money
put 'he through In less than
?wo r hree "awhile it had been
"ulK:u 10 , a ln" mnua training work
' me graae scnoois.
CTDCCT DAM iiiiv rvTrnr-inti(
Olntul nAILWAT LaIuNSIUNS
,
v lAutl Belleva Will Be Finished on
Tim aad Others Are Going
Ahead.
Grading is progressing rapidly on the
Omaha t Council Bluffs Street Railway
company's Bellevue line and the directors
hope to have the line opened on the sched
ule time. Some rails have been laid, but
several heavy cuts keep, back thla part of
the work. The track to Forest Lawn ceme
tery was completed Saturday, except the
terminal, which will be delayed until the
building is completed ats the entrance to
the cemetery. General Manager Smith says
the cars will be put on to the cemetery
Immediately and a good, schedule main
tained. PROSPECT HILLJEWER BUILT
Eight Months of Work Sees th Big
Drain Finished and Heady
for Service.
After eight months labor under two
separate contracts in the hands of J. O.
Corby and John F. Daley, the Prospeot
Hill main sewer system haa been com
pleted except for the placing of inlets.
The principal stem of the sewer runs
from Hamilton south to Thirtieth and
Burt streets, emptying into the Burt
street main aewer. A large district is
served. . part of the main sewer passes
through the Crelghton farm tract, per
mission being given by the owner, who
did not want a street opened through It
THREE STATE CONTENTIONS
Photographers, Dentists and Homeo
path! Doctor Gather Hero
oa Santo Days.
Three state conventions will be held ln
Omaha May 13 to 18. The Nebraska
State Photographers' association, the Ne
braska State Lental society, and the Ne
braska Homeopathic Medical society will
hold thtii annual meetings on that date.
Tne rturoaas nave granted a rate or a
fare and one-half from all points ln Ne
braska and fifty miles Into Iowa. The
Omaha Commercial club has arranged for
Crelghton hall as the meeting place and
exhibit room of th photographers. The
Other orcaaixations hav not secured quarters.
west Addition Military.
EFFECT OF BUILDING ON THE PAYROLL
Some Tboaghte Suggested by the Big
Citaag of Men Working oa
th Hew Brandela
, J.- Block. -s.
Military addition Is the name Hastings tk
Ileyden have given to their new suburban
property, Immediately north of Krug park,
the title being suggested by the fact thai
one goes out Military avenue to get to it.
The addition was platted last week and is
now' on the market. The east twenty acres
have been divided into city lots, the next ten
acres Into half-acre- lots and the rear ten
acres Into acre lots. The price named are
a little bit higher than lots In any addition
that far out which has been placed on the
market, with the exception of Benson,
which, of course, is a town of Itself. The
owners believe the price Is Justified by th
scarcity of good auburban property and
the demand for It. They have planted 150
trees, graders atarted to work Friday and
men are busy seeding the ground and clear
ing It of any rubbish which might be on
it. Twenty-Are of the city lots have been.
sold and that before the plat has gone on
record. In this number only one single lot
has been sold, the majority of the pur
chasers wanting three or four. In no case
have they been bought for speculation, but
for the building of homes.
'There is a large demand for acreage
property at a reasonable distance from the
car line." said Mr. Ileyden. "I have been
surprised at the success we have already
met in placing this new tract on the mar
ket. We expected the lots to sell, but the
demand has been even better than we
thought"
Hastings A Heyden have taken the block
north of their formerly exploited block 6,
Sulphur Springs addition, and have placed
it on the market It la Just a the south
end of what la known aa the bluff tract
of the Transmlsslsslppi exposition grounds.
In block 6 the majority of the lots have
been sold and eight houses hav been built
to date. '
It has turned out that the forty-acre '
tract belonging to Mrs. Flora Brown of
I'hlladelphia, lying just east of Krug
park, though reported sold a month ago,
is still unsold. The rumor of the sale
atarted from the fact that negotiations
looking toward that end were in progress.
It seems - that a local real estate man
wanted the property for a client, and
wrote to Mrs. Brown, making her an offer
on it of $14,000, which ahe accepted.
When another Omaha realty man began
to make inquirlea regarding the forty
Mra. Brown Informed him It was aold
and mentioned the name of the man to
whom she had disposed of It There wa
some slip between tbe cup and th
lip, however, and the real estate man,
who han not put any money up on th
land to bind tbe bargain, retreated and
left Mrs. Brown In possession of the prop
erty". ' It is presumed that hla client failed
him. Charles XS. Williamson is now offer
ing the property for sale at the same
figure at which It waa recently held.
The aale of aalvage houses to make
rcom for the new Northwestern freight
terminals continues. Saturday night
thirty-eight houses had been sold, out of
seventy-seven which had been placed on
the market by the railroad itself, while
the majority of those belonging to in
dividuals had also been disposed of. The
sale will continue this week, and it is
expected to have the last house sold when
the sun seta next Saturday night House
movers are already at work clearing the
property of the dwellings, and the first
one to go was the store building at Thir
teenth and' California streets. The re
trieval will be fapid from now on, for all
the buyers of the houses have made con
tracts to get them oft the land within
thirty days from the date of purchase.
In several cases leaaea will Interfere with
the work, unless satisfactory arrange
ments can be made with the tenants.
Saturday morning Are destroyed two of
the houses which have been offered for aale
by the Northwestern. They were two
frame structures standing at the northeast
corner of Thirteenth and California streets
and were priced at $200. A tenant in on
of them was getting lunch and her gasoline
stove exploded, scattering fire over the
house. It extended to another dwelling and
both were destroyed.
"The influence of Herman Cohn's pur
chase and the fact that other big deals are
thought to be pending on North Sixteenth
street haa been felt on real estate values
In that section of th city," said George
O. Wallace yesterday. "I hav th agency
for a piece ef property there which not
long ago waa held at $3,600. It was raised
to $3,800 and a few days later to $4,000.
Just about th time I thought I had It
sold the owner sent m word he wanted
$4,260 for it, and I am now negotiating
on that basis.
"Another factor ln bringing about this
condition Is the vacation of tbe North
western terminal property by people who
have been living there. They all have to
get new housea, and th most of them,
having been used to living ln the lower
part of the city, do not wish to ltave th
business district. It Is very natural that
they should try to buy between North
Sixteenth and the hill to the west and
around on Cuming atreet as far west as
Twenty-third.
"All through that three-cornered district
I hav mentioned Inquiries for property
have been very numerous Indeed in th
last two weeks."
Dirt was broken Friday for M. EL Smith
Co.'s buildings on Ninth s treat, bo
tween Farnam and Douglas, one of
Omaha's really big building projects. Th
contracts are to be let soon for the erec
tion of the Carpenter Paper company's
new home at Ninth and Harney streets.
Bids for the erection of a new warehouse
for the United States Supply company
at Ninth and Farnam streets have been
returned and are being considered. AU
this marks a new era ln the development
of the wholesale district. There seems
to be little trackage property available
west of Tenth street and the wholesale
district has to grow east of it. Business
men say it Is only a question of time,
until this district, already encroaching on
the limits of the red light district, will
finally push northward and drive the
denlsens of the slums to other quarters.
One of the surprising announcements
of the week was that the Woodmen Circle
had given an option on Its property at the
southwest corner of Eighteenth and Far
nam streets. The Circle bought th