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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (June 23, 1907)
D TTIE OMAHA SUNDAY BEE: .TUNE 2.1, 1907. r. D The Greatest Sale of High-Grade Pianos Ever Held in the State of Nebrska MR i U HN order to recuperate ourselves as Omaha's most reliable and best known Piano Dealers and in recol lection of the fact that we had an unfortunate fire recently which originated in our Piano Depart ment, and which for some moments threatened the destruction of our magnificent building we have moved the entire remnant of our Piano and Organ stock to a very convenient salesroom ' o it 405 So 15$h SL9 Manage Block ?Hm wherein we will close out every ire or smoke tainted Piano in stock at time of the unfortunate fire. :3 i J r7i V TIMELY REAL ESTATE TALK What Omaha Dealers Who Went with Boosters Found Out. GATE CITY LOOKS GOOD TO THEM romiiarimin of Itrnl Estate Valnea and Trndc Conditions Are All in Favor at Uranbt at Prmcnt. Interesting comparisons of real estate valued nnd general condition In Omaha and tlio north western alatea viBlted on the roeent Boosters" excursion were given last Wednesday at the regular meeting of the Real Katata exchange, by President 8. P. Bout wick. Secretary 1 tarry Tukey. R. C. Pet era and William Dermody, who ir tlilputed In the excursion. Many statistics of value were Rarnered by the four Omaha real estate dealers, one of whom Is ac tively Interested In the sale of western landa.Mr. Bostwlck gave a brief aocount of the trip and the work accomplished on behalf of the exchange. Ha said that property values, both residence and busi ness' appeared to be higher In all the cities of the northwest and coast states than they are In Omaha. This condition was i particularly evident Jn Seattle, whk-h Is , nearly twice aa large aa Omaha, but ap parently not on aa firm a foundation In re ' gard to stability of present conditions. ' It waa also said that the Seattle real I estate business la In a great maesura de pendent upon the condition of the market for mining stocks, and that a recent slump I In the stock market seriously curtailed in- vestments In real estate aa compared with previous years. R. C. Peters said that only ona city vls , Ited, Portland, had made a favorable lm ipresalon' upon him with regard to main tenance of real estate values. His observa tions were gathered principally with a view of advancing money for Investments In the cities visited, and he was of the opinion that the other cities had had too much growth of the mushroom variety; had been "boomed" too hard without adequate and I developed resources to sustain the present Inflated conditions, with the result that ' loans are more safe on Omaha property than any place with the poaslble excep tion of Portland. Mr. Permody received favorable tmpres slona of the future for the semi-arid lands of the northwest with the development of Irrigation projects and that the jobbing Interests of Omaha will find that a profit able field for' action In extending their trade. The Boosters traveled through hundreds of miles of land now under Irrt gatlon and Intensive farming methods, showing wonderful results, but Mr. Der mody gage it as his opinion that Nebraska farm land will show equally good results It the same mefhods of cultivation are used IHiiing the ride last Tueaday toward Omaha, through western and central Ne braska, the Booeters' enthusiasm ran high over the beauty of the ' Nebraska land. "This la the finest agricultural country In the world," aald ona strenuous Booster. "Hera's a place where things grow all day and all night without Irrigation or bug , aprays. This for mine. It has tha whole . west beat-" Again are complaints heard from real estate brokers bewailing the fact that bus- Inese has net Increased to an appreciable 1 extent durlDf Uie liul week. All brokers Every Piano Absolutely Guaranteed To Be as Sound as a Bell in Tone and Action, and Thoroughly Dependable. Excavations Where Soon Will Rise Fine New Hives of LATINO FOUNDATION FOR MAIN BUILDING OF THE INDEPENDENT TELEPHONE COM PANT are unanimous in the belief that Inquiries for investment purposes are mora numer ous than ever, but no sales of any Im portance have been closed up, and much difficulty la met with In closing deals now pending, even when purchaae money haa been paid. Few transactions of any slxe have been reported during the last week, even with favorable weather to aid the sale of prop erty, which is the all important factor In business. Residence property is in great demand, but the speculative demand has diminished to a considerable degree with the possible exception of small speculative purchases of outside property. The small business experienced Is due to several rea sons, chief among which is the unfavorable weather prevailing this spring. This has hsd much effect upon all lines of business, causing general retrenchment to a certain extent, and thus decreasing the purchasing power of contemplative buyers aa well as causing hesitancy on the part of prospec tive purchasers In Increasing their com mitments or investments In real estate. The Influx of outside capital Into Omaha continues, and many sales are being made to'nonresldents either for speculative pur .poses or with the Intent of establishing rea ldencea In the city. This is one of the most encouraging features of the local situation at present, showing that few cities present better investment opportuni ties than Omaha. Better conditions are anticipated, however. In the near future with regard to general aalea and all deal ers are most optimistic aa to the future. The most Important real eat ate transac tion reported during the last week waa the sale of the Pollock flats, near Twenty fourth and Farnam streets, to John D. Crelghton, who bought for Investment. Mr. Crelghton paid XMQ for the three three- story brick flats, which were built about 1 twenty years ago by A. Pollock, a well j known ci&-ar manufacturer. The flats nave The Pianos We Offer al This Temporary Location MAY BE SLIGHTLY MARRED, SCRATCHED OR SCORCHED, BUT NONE ARE DAMAGED SO FAR AS UTIL ITY OR QUALITY OF TONE ARE CONCERNED. WE MUST CLOSE OUT EVERY FIRE-TAINTED INSTRUMENT WHICH WAS IN OUR POSSESSION AT THE TIME OF FIRE, AND START IT WITH A BRAND NEW, COMPLETEPERFECT STOCK. Checkering . S6i, Ivcrs . Pond, Everett, Bach, Gilbert H Co., Packard, Bradford, Mendelssohn, Starr, Sterling, Schirmer H Beck, Harvard, Remington, Huntington, Richmond, Kohler , Campbell, Vose . Sons, UPRIGHTS and GRANDS. a frontage of sixty-six feet on the north side of Farnam street, adjoining the stores recently built opposite the Hamilton apart ments. Charles F. M. Morgan, a bailiff In the district court, has bought the six-room modern cottage at 41U! Nicholas street through Payne, Bostwlck & Co. for ,300. The property was owned by James Calder and was bought by Mr. Morgan for a home. Payne, Bostwlck A Co. also report the sale of one lot on Thirty-fifth street. Immediately south of Leavenworth street, to Frank R. Straight, whose home adjoins the lot, and gives him a large frontage on Thirty-fifth street. The lot was owne by Clarence M. Jones of Columbus, O., a client of Payne, Bostwlck & Co., who has1 large real estate holdings in Omaha. The house and lot of L. G. McLaughlin, near the southeast corner of Twenty-seventh and Grant streets, haa been sold for $3,400 to Henry Simonaon, who will occupy It for a home. One of the recent transactions In fine residence property In the sale of the large lot at the southwest corner of Thirty eighth avenue and Harney street to Wil liam J. Hynea for (6,000 was closed up dur ing the last week, when deeds were placed on record transferring the title to Mr. Hynea from Mrs. Clara 8. Kountze, the widow of the late Herman Kountre. It la the intention of Mr. Hynea to build a costly residence on the newly acquired lot this season, which will form a material im provement to the West Farnam street res idence district In which the lot la admirably situated. One of the large wholesale buildings, lately occupied by the Byme-Hromer company, at the southeast corner of Twelfth and, Howard streets, which has been vacant for some time, has been leased for a Ion; Urm by the Hayward iiros. i it I I"- i j 0 g EXCAVATING Shoe company, now at 1208 Howard street. The building is being partially remodeled for use by the Hayward company, which will take possession July 1, although It was originally built for use by the Morse Coe Shoe company. A. P. Tukey & Son have sold two more of the doxen houses near Twenty-second and Pierce streets recently bought by them from Russell St McKitrlck. ' Most of the houses contain five or six rooms, with many modern Improvements, and have met with ready sale. Two of the houses were sold last week for U.'-'oO each to Joseph Orlando and Antonio Scallse, leaving but a few more to dispose of. Tukey 4k Son have also sold three of the four lots on which the tennis courts for the students of Brown ell Hall were formerly maintained. A lot seventy feet wide waa bought by John Krejol for $1,Tj0, and two lots, were sold to Surah Sgarlato for I1.2S0 each. A large lot seventy-flve feet wide, near the south west corner of Park Wild and William streets, waa also sold by Tukey & Son to E. L. Benson for S1.Z0, and the Immedi ate erection of a large and modern resi dence la contemplated by the buyer. The O'Keefe Keal Estate company In the New York Life building sold to Mary B. Shook the southwest corner of Forty-second and DavenpoVt streets to J. D. O'Con nor, formerly of Portland. Ore. The con sideration was tZ.ttfi. The new purchaser will build two tine residences on the prop erty, which consists of two lota. . ' As an Investment proposition, real es tate in Florence, the sightly little suburb north of Omaha, 1 coming rapidly to the front In popularity, and real estate trans actions In Florence property bave never been so numerous as this spring. Florence 1 getting the benefit of the woaderful growth which is legitimately coming to Oaittiia and Uia town offers all the desira Meantime: One-Half Price, One-Third Price and One-Fourth Price on all instruments wholly unharmed. The Insurance Companies paid up prompt ly and liberally, therefore, these extraordi nary Bargains: $500.00 Pianos for $280.00 $475.00 Pianos for 235.00 $450.00 Pianos for $225.00 $400.00 Pianos for 195.00 $350.00 Pianos for $180.00 ' $275.00 Pianos for .. ....135.00 $250.00 Pianos for $120.00 $225.00 Pianos for $110.00 Second-hand Pianos, Pianos taken in rental, Organs, strictly new or second-hand, offered at what they will bring. Easy Payments Easy Payments Out-of-town buyers are especially invited to attend the most extraordinary Piano Sale ever known in the history of Piano retailing. A . - . t 1J iTf ""-' n Ilk f ! ik it r Mr. FOR THE NEW PAXTON-OALLAGHHR ble advantages of the modern suburb, with water, electric lights and good street car service. The reduction of the through fare from Omaha by half to Florence has aided materially In increasing the demand for residence property In Florence, as well aa along the car line, and It haa become a most desirable place for cheap homes. Boulevards have been opened to all parts of tha town and, Its substantial develop ment Is assured. Conner & Healeyreal estate agents, re port the sals of 1,440 acres of Irrigated land In the Arkansaa valley near Rocky Ford, Colo., for the reported price of 135.100 to a syndicate composed of eastern Nebraska farmers and a few Omaha business men. It Is said that the Income derived from the rental of the property Is about 20 per cant per year. Nine lota In Halcyon Heights, which la a new residence subdivision southwest of Benson, have been sold by J. H. Dumont & Bon for L F. Crofoot to the Grove Wharton Investment company. The con sideration was not given. Mr. Crofoot bought an entire block in Halcyon Heights about two year ago, and the lots sold to tha investment company were the last of his real estate holdings In the heights, i Mrs. C. C. Buchtel has bought a large va cant lot with a frontage of 66 feet on the south side of Cuming street, between Sev enteenth andi Eighteenth streets, fo $7,500 from F. D. Wead and is having plans pre pared for the improvement of the property by the construction of three two-story brick data and stores, to cost about $10,0u0r Fremont Benjamin, president of the Bn-jamln-Fehr Real Estate company of Coun cil Bluffs, H. P. Benjamin and Carl F. Benjamin have formed a new corporation for the transaction of real estate business in Omaha and have opened offices In the Neville block. Sixteenth and Harney 1 ' y II : Every Piano in the Slightest Degree Hurt by Water Has Been Shipped Back to the factory from Whence It Came. Local Industry it .J COM PANT WAREHOUS streets. The new company la distinct from tha Council Bluffs concern. F. D. Wead has let contracts for the con struction of a one-story frame cottage, to cost about $1,600, on his -lot at Twenty-fifth and Wirt streets, and another cottage sim ilar in style at the southeast corner of Twenty-ninth street and Meredith avenue. The Wirt street house will be built by 8. Rasch and the other by N. Hubbard. Contracts were let Friday by George A Co. for clearing the new atreets to be es tablished In the residence addition, Patrick addition, recently placed on the market. The new addition contains fifty-two lots, of which twenty-three have been aold. and streets will be made from Twenty-fourth to Twenty-sixth streets and from Lake to Miami streets. The new streets are now covered with a dense growth of large trees and will be graded and paved aa soon as the treea are removed. FRUITS OF BOOSTERS' TOUR Branch Iloasea Will Be Entabllshed in Northwest by Byrne Hammer. One and possibly three branch1 sample houses will be established In the north western states by the F.yrne-Hammer com pany, wholesale dry goods merchants, us a result of the recent trip of the Omaha boosters through that territory. T. C. Byrne, president of the company, and Dan Fuller, manager, participated in the trade excursion and have decided to establish Immediately a branch sample house it 6alt Lake City, with a representative con stantly in charge. A full line of samples will be maintained and the firm la seri ously considering the question of estab lishing similar branch bouses .at Seattle and Spokane my 1 1 EXCURSION RATES ABOLISHED No Eeductions This Tear for Mer chants) Season Tourists. W. P. A. SENDS OUT THIS NOTICE Attributes Its Action to the Enact' ment of the Two-Cent Fare Law by the Nebraska Leulalut ore. Officials of the Western Passenger asso ciation have notified John M. Guild, com missioner of the Commercial club, that re duced rates for merchants' associations cannot be granted In the future and the former practice will be discontinued Im mediately. Reduced rates were formerly given to merchants who came to Omaha on certain dates to buy their goods. In creasing the revenue to the railroads as well as the sales of local Jobbers and mer chants. Not daunted, however, by the unfavor able edict of the traffic association, the country merchants will still be lnducod to come to Omaha, and excursions for this purpose will be held from July a to No vember 1, under the auspices of the Omaha laha tlon, who J Jobbers' and Manufacturers' assoclatl which will refund fares to all buyers come to Omaha and buy goods of which 2 per cent of the value equals the railroad fare expended. The adverse action taken by the West- Pannrp a Bnrlfi tlnn WAS had after a 5 meeting at Chicago on June 12, and tha Commercial club was officially notified of the result by a letter from Kbcn McLeod, chairman of the assoclutlon. This action Is said to be due to the recent inaugura tion of the J-cent fare rate In Nebraska, and It had been anticipated by the Omaha Jobhers' association, as advertising llfvr ature has been prepared for distribution throughout Nebraska, Iowa, Kansas and the Dakotas, announcing the dates of tha different merchants' excursions to Omaha and the concessions given in refunding the fare paid for this purpose. GOOD SHEPHERD CONTRACT Three New Buildings Designed by Latenaer to t'oat sixty Thou sand Dollars. Contracts have been let to John Latensor, architect, for the preparation and plans fox the construction of three new buildings tI cost about $W,000 at the Good Shepherd cni vent. Fortieth and Jones streets. The plan are now being prepared and bids will be taken for Immediate construction within a( few weeks. Tha plans provide for the con- ' struct Ion of a two-story and basement laundry house, a large boiler and power plant and extensive stables, all of which will be of brick and situated south of tha main convent buildings. New and costly machinery will be n. stalled In the new laundry plant, which will be a model of Its kind, as an innovation In laundry oonst ruction will be followed. In stead ol having two floors filled with ma chinery, causing clouda of steam to remain' In the plant, which Is to be 160x60 feet In slxe. the building will be two stories hlnh, but with no dividing floor, allowing ample space for light and the dissemination of all odors and steam likely to cause discomfort to the operatives. The bulldlnn of the new power plant haa become Imperative, as the power generated by the present plant Is entirely Inadequate since the recent growth of tha convent. The new stable will provide for the carej of many teams and tha upper story of tha building will b U8e4 xor rooaja Utt tba attendant,