1905. n THE OMAHA SUNDAY HEE: JULY 1: MEWS OF THE BUSY HOME MMRS TIMELY REAL ESTATE TALK Recorded Sales Show Property Pricei Steadily Advancing. NO DISCOUNT ON OMAHA DIET ath Omaha Also Show a Steady I rreaae la Selling Prices and Baalncaa la Generally Satisfactory. Much Interest Is manifest by real estate Sealers In business property In Omaha, par ticularly In the vacant spots east of 81 teenth street. Increase in values are everywhere apparent and iome aood money la to be made In property which la at all likely ta be needed for store or factory Bite. One of the reefnt Kales in the dis trict has drawn considerable attention to the vacant lots. Only a short time ago Charles K. Sherman bought the corner at Twelfth and tJavenport streets and an nounced that he would hold the property for some time, as he had secured the lot for an Investment. Mr. Bherman rld $6,000 for It and a week ago sold It readily to the Loose-Wiles company of Kansas City for llO.onn. Other lots In the vicinity, real es tate dealers believe, will he sold during the summer and fall, as business Is not alto gether quiet aimply because of a preslden. tlal rampalgn. At least three other bul ness houses which contemplate coining to Omaha have madn building sites during the week. The B.i le of a site to the Independent Telephone company at Twenty-fifth and M street. South Omaha for $10,000. which only a little more than n year ngo was priced at $S,Of0, shows that Omaha and South Oman real estate Is not selling; at a discount, as property Is In some of the eastern cities. The east is rather inclined to be accurate In sending out reports about financial conditions and even ss late as July 1, many of the eastern cities reported that business and residence property waa selling at a discount. "I don't know of a sale which we have madn this year, which has not brought us just what we asked a year ago, and usually a little more." said C. C. George "No Investor who has a dollar tied up In Omaha real estate lost money during th past year." On the other hand almost all have made money by having their money Invested In such good security. Whether two blocks of fine residences will be erected In Kountie Place this year or go over for a year, hangs on the action of the Fark board In connection with the old Exposition ground track between Six teenth and Ktghteenth streets and between Plnkney and Pratt streeta In the north part of the city. The Park board Intends to have a large shore drive "similar to the drive In Chicago," and the boulevard will cross the tract If It Is built. Hastings & Heyden, agents for the property, have been enabled to sell a few lots In the tract and fine homes have been erected ss soon as the deeds were given. It Is the opinion of the firm that every foot of the tract could be sold within a few days If It could be placrd on the market and that a new home would be erected this year on every Lists of "Offered for Rent" In the resi dence and cottage columns are Increasing at the real estate offices and rental agencies. For the first time In many months agents are able to offer a number of moderate priced houses for rent. There are even a number of houses which are quite desirable offered for from fill to $22. Seldom can a modern cottage be secured In Omaha for less than . The reason for the large number of houses for rent Is nothing more than the building. Hundreds of families will move into new homes this summer and fall. Hundreds will move from houses for which they are paying high rent to something Just as good for less money and most anyone who desires to do to will be enabled to Improve the comforts and conveniences In the home by looking around a little. Oood property Is not vacant long houses out of repair, which have paid for themselves many times In rents, will probably stand empty for some time. Two questions asltate the abstractors of Omaha and of Nebraska In general. The State Board of AsHessment has Intimated that an abstractor's books should be as sessed. To this "outrage" the abstractors object, holding that the books used In their offices are only memorandums and should not be taxed or at most they should be exempt the same as a carpenter's tools "While the decisions on the subject In other states are at variance, I believe we could beat it out In the courts," said an Omaha abstractor. "The courts of Nebraska have never decided the matter, but there are good reasons for holding that a mere col lection of memorandums or data for the owner's use csnnot be treated as property subject to taxation or levy. "As to fixing any value on an abstractor's books, such a thing would be almost ab surd. There have been sets of books In Omaha which were not very valuable and there are others, carefully and con sclentiously kept, which are quite valuable to their owners. But who ever heard oj the state taxing a lawyer's briefs or a phy slclan's collection of prescriptions or the I collection of clippings and data about a modern newspaper office." Another ques tlon which has vexed the abstractors out over the state frequently has been ths right of a county clerk to compile ab stracts of title and receive money for his services without putting up the usual $10,000 bond. Abstractors are discussing these questions and there Is talk of some legislation at the next session which will give them further protection both from county clerks and assessors. Investor Hcs to Tak? Many Things Into Consideration. HOW TO MAKE P00H LAWN GOOD SUIT ON OLD DEPOSIT NOTES Action Broach t Asalmt Hundred and Seventy-Five Depositors ol Trnnsnitsalsslppt Fire. Arthur C. Wakeley as receiver of th Nebraska Mutual Fire Insurance assocla tlon has brought suit against about 175 depositors of notes of the old Trans mlssisslppl Fire association of 1896. Thl latter association was subsequently merge Into the Nebraska association. The notes were given to pay losses of the Transmls slsslppl concern and all of them are to be collected. The original amount of the notes In the aggregate was approximately $10,000, of which about $1,900 have been collected. The notes are all under $200 each. The suit was begun In Justice Cockerell'a court Friday. ARE IN BLYING REALTY Former Park Commissioner Declares Beat of Lawns tan Had In Nebraska as Well aa In Knrope. trail Be 'Buying property for a rise," said a local real estate man who Knows wnereoi no speaks, "requires much more to be success ful than the happy coincidence oi a riBins market. The process requires keen fore- lent as to the probable growth of a given locality where the property is situated. The question to be decided is, win me aui rounding real estate develop and carry up to higher figures the piece of property to be purchased? Are building operations pro gressing toward the plot In question? Is It likely that a buyer can be found who will want the holding a few months or years hence for a price that will represent a good profit? To answer these and other questions re gardlng a prospective purchase requires ac curate knowledge of values, of the move' ment of business and population, the rela tlon of transportation facilities to the re gion where the property lies and to other conditions which always enter Into the value of real estate. Again, If the property bought Is already Improved, In the busi ness section or among the older residences of the city, dues it offer good advantages for rental? With a reasonable outlay for repairs or remodeling of the building will It pay a higher rental? Is It so situated aa to Invite a higher grade tenant If It is put Into shape? These are questions which en ter Into the Intelligent purchase of property. It Is the wlso man who can Invest under such circumstances with a certainty of profit. There are hundreds of opportuni ties for profitable Investment In Omaha. This city Is growing steadily and not spor adically. A ride about the city on the street cars with a bit of Intelligent "head work' will put any man In the way of making a good Investment." Attractive and Inexpensive Homes By Mas In Keith. V a. v- ' I 1 ' S e? 4 I - li iVji -iWiafttaaiaiWi'lftt- H A NEAT FIVE-ROOM Especially among the young people, the one-story bungalow is very popular, largely for the reason that they do not care to burden themselves with details of building and the responsibility of keeping up a full two-story house, and then to them, even more than to older people, the conven iences of keeping house all on one floor proves quite attractive. There Is. appar ently, no style in which the bungalow can not be designed, but many bungalows re quire a considerable outlay of money. It la, therefore, best to figure on making the bungalow home as simple as possible, and then after the figures are received, If the limit In price has not been reached, some of the special features, such as pergolas, bay windows, etc., can be added. The de ign is a very attractive little bungalow for a young couple Just starting out In life, or an old couple who have been relieved of the care and burden of the family. It Is only twenty-four feet wide and a little over A Fortunate Texan. K. W. Qoodloe, Pallas, Tex., found a sure cure for malaria and biliousness In Dr. King's New Life Pills. 26c. For sale by Deaton Prug Co. Building Statistics for June Itulldlng for June In the principal cities shows considerable Improvement over the preceding months of the year. There waa a decrease of 15 per cent, however, In com parison with the same month a year ago. During the month Just closed permits were taken out In forty-four cities, according to official reports to Construction News, for the construction at 13.515 buildings. Involv ing a total estimated coat of $52, 9:7.538, against 13,673 buildings aggregating In cost No. of City. Buildings. N"w York, Including Manhattan and The Bronx 27 Chicago 1.103 Philadelphia l,2s Brooklyn 428 Snn Francisco Ht. l.ouls t Denver 329 Detroit 44 8fttle 1.0S9 M'lwaukee 48 Allegheny 37S Minneapolis 6W BH'tlmore , 43 P'irllnnil 81 Bt. Paul !. Angeles M Newark 2-1 Clevelnnd 513 B-iffnlo 200 Pl-rilp;!iam !4 foliimh-is lr4 Spokane 1e,i'..-n -ells TM Iloet-e-iev 1F.S Allan a 3"!1 finie'i M2 V,w ' ' t:fl Mrr' 24" Were 117 riini 17 90 dram llaplda... 123 !. p.ii ' (-!ty M Mil- - 31 r,, . , v" wiii Mre s? Ha m r . ft 1 i:i . ; 4-' TVire t'o'ite Davenport 15 Mobile , 3" Totals 13.515 It Is Interesting to note that New York City is among the list of cities showing a gain. Permits were taken out In that city In June for buildings Involving a total esti mated cost of $l.HK.4t0. against $12,131,376 for the corresponding month a year ago. or an Increase of 39 per rent. Fourteen cities In the list show an increase of from 2 to 1J4 per cer.t In w lilely varying lo calities, remote from each other. It may be surprising to note that building is so active in the south, inasmuch as Birmingham baa an increase of 134 and Atlanta $ per cent. Other increases were: for the corresponding month a a decrease of 158 buildings and $32,41.092 year ago, $9.4S.634. This is a good record. It should be re membered that June a year ago was a high water mark, or very close to It. And we are therefore comparing a month of moder ate quiet with a former corresponding period of unusual activity. Building, it will be seen. Is on a much better basis than most people would suppose. No. of Buildings. 345 1,406 923 77 241 497 m 357 434 4X 327 S2 2M KVl 2:. 779 314 SO 2i 175 :i TO 317 m j 94 107 2m I'll 271 ( 33 lsft 19 57 Vrt 52 to 103 21 3.1 13.673 ; 1907- Estlmated Cost. Gain. Ixiss. -1901- Estlmated Cost. $18,t,4O0 .. !..' 3.017.H45 2 Sfi.i.210 2.673,77 1.942.73 1.3411. 1'ift 1.338.150 1.20.033 1.24H.442 93K.149 H77.02O KS till R33.490 so7,542 7f.7.KM 761.2" till'.'. 50'! tfD.onO 653.ff 6fi7.3S3 504.20! 494 731 4S5ft! 4M 93 450.11 415.139 8M W 313,770 W'1.745 2t &59 O.M9 lM.17t 19 9 19U50 1W 320 IS 2ti 13 310 1M.M1 74.02.1 65.942 4S.S95 45 5' '2 f.',2,927.55S Milwaukee, son, N. J., 35; (Jnind Haptds, 3o; Worcester and Du luth. each 22; W'.lkes-Burre. 7; Omaha, i; Seattle, 3. Metropolitan cities other than New York shorn- decreases, including Chi cago, i per cent; Philadelphia, 5; Brooklyn, 72; St. Louis, 3, and Cleveland, 43. This Is encouraging, as It reflects an aun usually active condition and leads to the belief that the building operations of the entire country will soon be upon a level with the high totals of the few years Just past. $12,131,375 7.0H.t.SI 3.1S6.410 744.530 3.91H.450 2.016.610 1.333.670 1,624.800 1.249.203 7rt5.17 1.7S1.KO0 l.H"2 025 .'I4.K7 Prt5.Zi"x) ' 662.792 1 516.616 1.0S2.128 1.231.591 S76 0O0 236.690 377.820 1.191.245 1,100.514 5. 920 419.147 432 790 612 438 ftVV741 255. 63 246,737 644 520 153.997 42S On 1 13S.O00 2) 1.200 22. 930 4"9.160 127.443 420.795 91,938 107.KH0 141 42S 112.247 69.9V) $'!2.t1 6.092 63 36 43 134 34 22 30 7 35 6 6 72 34 3 46 12 50 29 43 11 53 55 32 41 60 53 S2 32 17 61 69 30 ) 5S 34 15 "Trying to mend a poor lawn Is like 'put ting new cloth Into an old garment,' " said former Park Commissioner Craig. "The only treatment for a scraggly, mottled, weak and anemic lawn Is to pluck it out like a bad eye. plow It up. roll It down, sow seed, water It. nurse it ar.d finally be rewarded by seeing a real lawn, a lawn such as Is produced by experts on the big estates of Europe. Most of the lawns in Omaha are unhealthy, afflicted with the disease of dandelion or weak. This is because they do not get proper care. Sime people think there is not a possibility ;or growing the velvety lawns of Europe In this country because our climate Is too hot and wlrvdy and cold by spells. But I do not agree. i'roperiy. cared for we can have just as fine lawns In Nebraska as anywhere on earth. Now the secret of growing such lawns Is this: First plow up the ground good and deep. If the soil Is not very rich, manure It and fertilize It and pulverize the lumps and get it shaped the way you waut it. When all this has been done, plant the seed. Bee that It Is the best. Let the rain and sun do their part until the grass Is well up and the loose ground Is beginning to pack. Then roll It with a light roller Don't be afraid of killing the grass by roll Ing It. The rolling should be repeated fre quently as the grass grows' thus packing the ground snugly around the roots. Event ually the weight of the roller used may be as much as a half a ton. All this time careful campaign must be waged against weeds. The result will be that at the end of a season you will have a la.wn that will be the envy of your neighbors." The steady stream of building permits be Ing Issued by the city building Inspecto shows that Omaha Is continuing on It accustomed way and not shying at the scarecrow, panic, nor at the paper bag money stringency. A pleasing feature o the situation Is the number of permits fo homes of medium price, homes for th common people, homes for that class which Is the botve and sinew of any city an whose backing is a guarantee of solid growth and substantial adolescence. It rather the quality than the total amoun which Indicates whether a city Is havln a substantial growth or whether It Is not. And there is no better quality of growth than homes built by the great middle class, the class which God loves because He made so many of them. Omaha has already a name among the cities of this country for the number of homes owned by Its citlsens. In some of the large eastern cities It Is the exception to find the man who owns his own home. Here It Is rather the rule and the percentage Is Increasing every year. COTTAOE FOK $1.0e. thirty feet long, but It contains all that is necessary for the comfort and convenience of a family of two. The entrance Is Into a vestibule in one end of which coat.t and wraps could be hung. The parlor and din ing room are separated by sliding doers and the fireplace Is In the dining room, making it an easy matter to warm up quickly on chilly mornings. As there Is a door be tween the chamber and dining room, the heat of this fireplace will warm up this en tire home well into the fall. Every provis ion, however, has been made by a furnace In the basement. While the exterior Is shown with a shingled roof and lap-sldlng on the side walls, the latter could be shin gled or laid up In rough cast cement on metal lath. This, of course, would cost somewhat more, but would prove very at tractive, more durable and, in the long run. would be a saving In repairs and painting. Under natural conditions at this time $1,000 or less should completely build this design. Omaha Loan and Building Ass'n 101 South Sixteenth Street. No Raise in Rent The family that lives in u rented house is continually in fear of a raise in rent. If the house suits you the land lord knows you will not want to move, so up goes the . rent. If you build or buy a home on our monthly payment plan you will have no fear of n raise in rent. The monthly payments the rent on a loan in this Associa tion remain the same for a few years and then your home is your own. No raise in rent. No moves. No rent at all. Our plan is worthy of your consideration. Assets, $2,000,000. Heserve fund, $.)0,000. 0. W. LOOMIS, Pres. 0. M. XATTIXGER, Sec'y. W. If. ADAIR, Ass't Sec'y J SHED j -9 FEB. E H I 5. nptl L 1 SKT-'BAm 0j n r3 """I tTz. I: ' r 5I I J I I i THrcTiDiii r 1 i VorchL . v . j !Ello Effij I I For tho baker and candy maker Bakers and confectioners find no method of supplying power to their mixing, kneading and stamping machinery, so cleanly, or desirable, as the electric motor. Each machine can be directly connected to motor. This docs away with all dirt collecting belts and line shaft and gives you power when and where you want it, night or day. Omaha ESeciric Lfght& Power Co, Tel. Doug. 1062 Y. M. C. A. Duilding. BARRET'S SPECIFICATION ROOFS Pitch and graved roofs put on according to this specification have weathered storms for twenty years without any cost of repairs. We use this specifica tion in applying this character of roofing. SUNDERLAND ROOFING AND SUPPLY CO. 1006-8-10 Douglas St. Phones: Bell. D. 871; Ind. A1225. Now is the Right Time to Build 63 per cent', St. Paul, 35; Columbus. O., 34; 43; Pater-Baltimore, V xmh JJ You can't catch money spenders with penurious looking printed matter A. L lUa. Uuowttoi, I210-II11 KWwvJ Str. 0k MORE FINE HOMES GOING UP Dan Fuller Will Ilulld Large Dwelling at Thlrty-F.lnhih and Dav enport streets. Dan Fuller, vice presluVnt of the B rnc Hummer Vry Goods c;minjJ, has poujlit a tl e at Tuiriy-elghth and Davenport str.els, where he will erecte a fine re-I dem e. The lots secured b Mr. Fuller are C2x247 feet and were secured Irom Wlilla.n K. Potter, receiver of the Omaha Loun util Trust company. The ( onsldcrat':en was !,0 e. Craig I.. Spencer of Dakota City has sold a sce:lon of land In Cheyenne county, Kan sif, lor 10 jer acre and bought Omaha prop r y f i r an Investment. Through J. II. Dumont & Son he has Ijo .g, t the lesldenee at 377 Leavenworth htriet for M.BCO. Mrs. Mel I'hl has bought from Charles R. Sherman a let between Twenty-elghtl) ani Tent . -ninth streets cn Harney for '..j00 where the t his will bu Id a home. The dea' was uIho made by J. II. Dumont 4 B n. who report the sale of a lot on Harnej tt.cet ne;:r Thirty-flflh street ir in Wi liani O. Glllert to D. I Shane for J-.&'O and a lot at Thirty-first and Wright streets from K. H. Scott to 1. C. Stenner. TAFT THANKS NEBRASKANS tipmiri Aopreclatloa of What Me Klaler Club and Other He aubliraas Have Done. President Ifadore Zleglrr of the Mo K'nley club la In receipt of a letter from William Howard Taft. repuillcan presi dential nominee, expressing In most cordial tern a his appreciation and gratlMde of the splendid effort, exercised In his behalf by the club and hy all good Nebraska republicans. He recalls In pleasant word.-i his visit hers when the McKlnUy club was his host and the magnificent recent ion an. I entertainment given l.lm by Xebraskm led by the McKlnley club. Mr. Taft expresses perfect confidence as to ths outcome In Nebraska, Xovemwr 8. He says he knows that his friends In this state will do just as much for hlin In the election campaign aa they did In th nomination preliminaries Silent workshops, Idle crews and dust covered plies of merchandise In the ware houses mean stagnation for any country. The degree of stagnation is determined by the completeness of the close down, state of Idleness appeals only to those whose vision Is blurred and whose mind Is distorted by false education. The science of merchandising applies to the buying of labor and building material Just as truly as It does to the purchase of goods sold across the counter. Well bought not only Is half sold but If unsold means an extremely good Investment. To buy well Is to buy at an opportune time to have on hand goods that are In demand, whether the price paid be high or low, or to buy at or for less than cost of production: In other words, for less than the recognized fair market value. It may be economical to pay a man $6 a day during a rush season In order to com plete an unfinished piece of work. If this wage be far above the scale, such expen diture Is not, however, justified at all limes. Buiress men must cm pare the out lay with the returns. It Is possible now to secure more and bel ter work frr the same price than at any time within the last two years. Ma'erlals are cheaper, labor Is cheaper, anxious for employment and earnest In Its desire to give full value. These certainly are factors which the wise Investor should take Into account. Bulldirgs put up for Investment yield not to exceed an average of S per cent. By building at this time investors should save 10 to 20 per cent on the cost as compared with the cost In 1'T ard the outlay that probably will be required next year. This Is equivalent to the earnings on the Invest ment for two and a half to three years. It Is admitted, of course, that the demand Is greatest when prices are highest, and In turn prices are high because the demand is great. Humanity has ope c haracteristic In common with sheep, and that Is each re quires a leader. Frequently the excuse Brown gives for building Is: "Well, Jones i Is a shrewd fellow and he started to build; if it Is a good thing for him It must be a good thing for me." In point of fact what may be good for Junes may prove other wise for Brown. Each Individual should consider his own resources and scan closely every possible advantage. His determination to do or not to do should be formed not because of the activity of someone else but upon his own Initiative. A word in rigard to lumber prices: Values necessarily 111 show fluctuations in the future, gale prices will move up and down In response to heavy demand or Its tem porary restriction. The lumber trade of the county arnd the lumber consumers of the country shouldi remember, however, that a steadily Increasing demand is being filled from a constantly decreasing supply of timber. Ths inevitable outcome of these forces working one upon the other will be a higher price level. Ths history of years past shows that each decade has Ita high snd its low prices, but the low prices of I duo to 1110 will be about In line with the h:gh prices ef 190 to 100. There art pos sible exceptions, but few people have the opportunity to profit by the exceptions which in substance mean the sacrifice of someone's else property to satisfy pressing claims. Lumber, brick, stone and other materials necessary to the construction of buildings, purchased and put Into place at this time, will be worth In the new relation they bear to the other a great deal more a year or two from now than the present cost. Furthermore such struc tures will be ready for use. By diffusing the efforts of workmen over a broader period a twofold advantage Is gained; one is the work Is done without undue haste and more attention Is given to the perfection of details than where speed Is essential. The other advantage Is that by keeping a majority of the people of the country constantly employed the dregs of depressed times are not tasted and It Is possible to pass through such periods with out undermining or seriously . Impairing the credit and real Interests of the country. American Lumberman. Dining Room Domes Chandeliers Chain Hanging Pieces Real Brass, Hot Plated QUALITY ALL THE TIME AMERICAN ELECTRIC COMPANY "The Fixture House" 502 South 16lh St.Ttl D 1418 Y PLANS Working plana, (2 gets), for the Bungalow design on .thla page with complete specifications, Bill Material AND a year's subscription to my new and interesting monthly magazine, JOURNAL OF MODERN CONSTRUCTION $5.00 Require Your Contractor to Give a Surety Bond Its Cost Is But a Trifle Money to Loan On Improved Itoal Estate Building Loans a Specialty you harmless from lions material tlung. home within It saves and labor. It guarantees the erection of your building utrwt- ly In accordance with the plans and specific It Insurer, the completion of your the time specified. J. H. MITHEN dtneral Affent, Fidelity k Deposit Company of Maryland. 203-903 First national Bint Biuiaing, Telephones, Douglas 1J i s Did. A iais. J ju riwJwllMtwm. --LTL-.ru-. - - ...... ...... ov yiijun.nji.ririririJUrw-M-u'LTi.rinruLnrii'.i.i '.rii-u'UiU'-i'LriTijULnj i i-Lruj-Lru-u-i,"w."i'i" "TO f ' A7 :f l..lt.-JK-lt..l M" I ' run PT.AN NO. 49. COST The Journal of Modern Construction devoted to buildings is an authority on Design, tionstructton and Materials, and will prove a valuable aid to all prospective builders. Regular sub scription 12.00 a year. SEND 50 CKNT8 for a copy of my new Book of Plans. 76 Attractive Homes. The above 5.00 offer applies to any plan In this book. MAX L KEITH, 110 Lumber Excb., Minneapolis, Mlna. Founded 1S54 Incorporated 1907 Johason-Rowc-DaJy Co. Plumbing and Heating Contractors and Engineers 1412 Howard St. Omaha, IMcb. ALEXANDER MUNROE Wasuinglon Ball CUfl., 40$ S. 18th St.. Omaha. Neb. Af.nts for ths tsltbraUd GBXZX HOT AIB TUK.WAC7EB all cast iron or all Shsnt Stssl. A?snt for ths Jonso Sot Air alas wall rrnlors. TIH AXD COPPER WOSX OF AX.X. KMDS. Tel. Douflu 4066. n BmATZ CHErBPVLLY CIVET 1 1 J' BERBER METAL LATH PIERRE JACKSON, SALES AOINT 615 BEE BLD6. TEL. DOUG, 4471 write ir YOU V A T USE OR WANT VJ 1 J fare Csal Mlata Co., PalU. Itti Call Us by 'Phone Whenever you want some thing", call Theme Douglas 23s and mailt It knows) throucb a Bse Want AC 1 I