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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (May 13, 1917)
THE OMAffA SUNDAY BEE: MAY 13, 1917.
WAR STIMULANT TO
' REALTY BUSINESS
Will Be the Means of Dispen
sing Huge Sums of Money
to All Arteries of
Real estate journals are discussing
the effect of the war on the real es
tate business. Valentine Surgnor,
president of the Chicago Real Estate
Board, in a recent interview with
newspaper correspondent, is quoted
it follows: "I think American en
trance into the war will prove a tre
mendous stimulant to practically all
lines of business and to none more
significantly than the realty business.
"My reasons why? They are plain
enough. The government has voted
an initial war credit of $7,000,(X),000.
That is the greatest single govern
ment credit in the history of the
world. What does it mean?
"It means the dispensing of the
huge sum of money in all avenues
ana arteries of trade in this country.
Yes, even the three billions that we
shall lend the allies, because that
money will unquestionably be used
in stabilizing financial balances in the
United States, consequent' upon the
huge purchases made of us during the
last three years or so, and, as a con
sequence, we shall have our own gov
ernment behind the obligations which
have been entered into by foreign
I powers to our manufacturers and pro
ducers. To Stimulate Business.
I "But more than the mere stabilizing
effect, the raising of this huge sum
and its distribution will mean stimu
lated business activity. My own
opinion it that within a few weeks
we shall see an activity that is al
"We shall tee all industrial lines
worked to their fullest capacity. We
shall see high wsges, speeding up pro
, auction, increased farm yields, with
Rric restrictions but fair, and even
igh prices to the farmers in
short, that wa shall witness a period
of the greatest business andaindustrial
activity that this country has ever
From tome cities the impression
teemt to be that temporarily there
may be a quiet period, but that in the
end there will be great activity.
Cleveland real estate men believe the
eountry is on the threshold of the
freatest real estate boom the country
as ever seen. Toledo reports a ra-
Sid growth and an acute shortage of
ouses for rental purposes and that
realtors are satisfied even though in
ternational difficulties are disturbing,
domestic conditions warrant continued
i activity on the part of real estate men
and therefore real estate is booming
- In Detroit, which hat been on
great boom for several years on ac
count of the automobile industriet,
and where the top of the wave has
been pred-cted several times, real
estate men seem optimistic, pointing
put the fact that history but repeats
itself and that the great majority of
conservative wage-earning people
realize that land, no matter in what
state of development, cannot be de
stroyed by any interference either in
ternal or external and expect a greater
demand for vacant property than ever
' In support of this view they call at
tention to the enormous demand for
large building lots in the north end of
Detroit, where four new subdivisions
NEW PURCHASING AGENT
OF HOTEL COMPANY.
Fred Rothery, well known hotel
man, whevfor the last eight years has
been connected with the Rome hotel
Ss assistant manager, has taken
charge of the North American Hotel
company's purchasing department.
Mr. Rothery, who is regarded as one
of Omaha's most capable hotel men,
is enthusiastic about his new connec
tion with the North American Hotel
company, which is establishing a
chain of modern hotels in the middle
have' been opened, in one of which
$250,000 worth of reservations have
been taken since March 1. Philadel
phia reports a temporary let-up from
the unusual heavy trading, but this is
attributed to. the period of adjustment
to new conditions. A great demand
for farms s reported, not only from
Philadelphia, but from Pittsburg and
other eastern cities. Philadelphia
brokers "expect a large demand for
space in numerout large buildings, on
the part ot the government, tor stor
age and tor the use ot equipment,
while the industries which center in
the metropolis will be needed for the
equipment of an army of 100,000,000
men. Lead'ng real estate men of
Pittsburg think that temporarily in
vestors may be timid, but that the
real estate market will benefit bv the
war and that tendency is being seen
there. It is Quoted that durinz the
evil war land values not only held
him, but went to the highest figures
ever attained up to that time. St.
Louis reports greater building ac
tivity even than last year, a large
number of apartments are going up,
yet the dealers say the war has de
creased posrible improvements about
25 per cent, the loss being largely in
residences and flats. Milwaukee thinks
that the war will have little effect on
real estate in that city. The record
here in real estate was in 1916 and
hey think that this year will perhaps
see double the business of last year.
MHnrr." tale Mn. Nttslet, Impreulvtly,
Tv deolotd to take up lecturing.'
"NonienMl" aala her husband.
"X mean It. Henry. I have talents that
require & wider acope than that afforded
by the doneetlo olrolt, My mind la quite
"Well, my dear, If yea will, you will," he
"But I'll tell yon one Mine. You'll nerer
fet the publle to alt np until t and t o'clock
to llaten to you, the way X do." Boiton
Style Power Comfort
TJOW often do you get these
three in abundance in a car under
$1000? Scan the field and see.
See how many offer you choice of really
distinctive color finishes. Compare the style ana
beauty of design.
See if yon can find a car wiuV a more
economical or dependable motor delivering
more smooth, silent power..
See if you can discover a roomier car a more
comfortable car, with plenty of leg room in
both front and rear. ' .
Just see the Allen before you buy that's all
; Anon CUeaic Tourfnf Care, hi choice of 3 colore $S95
Alloa Clastic four passenger roadster .... $88$
Coupe, $1175 Open Sedan, $1195
F. O. B. Fottoria, Ohio
STANDARD MOTOR CAR CO.,
v CARL CHANGSTROM, Prop.
2020 Farnam Street Omaha.
Phone Douglas 1705.
Bankers' Realty Company
Expands Office Space
The office force of Bankers' Realty
Investment company are getting nice
ly settled in their newly enlarged
quarters which extend along the east
side of the ground floor of The Bee
building from Farnam street to the
In the new arrangement the en
trance has been changed from the
south to the east side of the building.
The whole space has been converted
into one large room extending trom
the front to the rear of the building,
there being a few private offices north
of the main entrance.
In the remodeling every pacsible
arrangement has been made to pro
vide plenty ot light ana ventilation.
The new offices will provide space
for the advertising and insurai.ee de
partment which have for nearly a
year passed has been located in other
quarters on the second floor of The
Members of Real Estate
Board Visit Ford Plant
Following the meeting of the Real
Estate board Wednesday, by invita
tion, the members visited the Ford
plant. They were much interested
and surprised to see the amount of
work being done at this plant The
board contemplates from time to time
visiting various industries in the city
and becoming familiar with what is
being done industrially in Omaha.
Council Bluffs Makes
Strides as Grain Center
Council Bluffs is making some
great smnes towara a grain center
and is boasting with good reason.
Ti.rA K!o .nn.ul. l.i..p. t..,-iiv .
capacity of 2,500.000 bushels, it is
claimed, are now ill construction and
it is unofficially stated that a con
tract for a third elevator with 1,000,-000-bushel
capacity has just been let,
although not given to the public. In
this connection it is interesting to
note how the grain market, and twelve
years of grain market history, has in
creased the elevator storage capacity
in Omaha and vicinity.
Real Estate Association
Leader Urges Mobilization
President Henry P. Haas of the
National Association of Real Estate
boards, recently told the Toledo busi
ness men that "Every real estate
dealer should stand behind the presi
dent in this 'bread and butter' war.
The home gardener ii the one solu
tion to orevent the Bravest situation
the world has ever faced." Mr. Haas
also said, "Chambers of Commerce
alongside of real estate boards are
simply old ladies' homes, for they
seem to have too many axes to grind.
The real estate board will soon do
the work of the government for these
men are more capable of knowing the
valuation of city properties than any
Dodge Street Property
Has Big Boom in Value
Interest is growing in Dodge street
holdings. Recent appraisals and a
new long-time lease have fixed new
values for the property in the vicinity
of Seventeenth and Eighteenth and
Dodge streets. The fact that the
amended city charter makes it pos
sible to carry out improvements in
the way of a radical grade of this
street, is given as a reason why the
business is turning in that direction.
Advertising Is'Big Item
In Real Estate Business
Following a discussion among the
members of the Omaha real estate
board last week on the advertising
situation, the editor of "Realty," a
well known magazine devoted to real
estate interests, published in New
York, wrote to Secretary Wallace
that he considers this one of the most
important questions before the real
estate men of the country.
"You and I fully realize that there
is enough money wasted each year I
in injudicious advertising and bad '
rnnv tn maki a larer hnli 1n th $7 . i
000.000.000 liberty loan. !
"Personally, I never could under
stand why a man who intended to
start an advertising campaign tried
to do the thing himself instead of
calling in an expert. When a busi
ness man wants to find out how he
stands he calls in a certified account
ant, despite the fact that he has book
keepers and when he has a toothache
he visits the dentist, but when it
comes down to advertising, which is
unquestionably his silent salesman,
and which, if properly conducted,
creates a desire and indicates the man
ner in which it may be met and should
be met, he calmly rushes in where
angels fear to tread, and because he
can't produce results from his foolish
efforts criticizes advertising and the
medium, instead of placing the blame
where it belongs on himself."
Inside Property Is in
Big Demand, Agents Say
The interest in insfde property is
increasing. This is indicated by -the
activities of a comparatively young
firm which reports sales and long
time leases in the past six weeks on
inside property amounting to $250,000
with commissions of $7,500. While the
transactions in acreage and suburban
property have been less in the last
week or two because the seaso for
acreage sales is practically over, '.here
ate nevertheless several important
deals pending. The new laws gov
erning the interurban situation will
undoubtedlv stimulate the lavirnr nt
cf small farms and acre tracts alongj
prospective interurDan routes.
Persistent Advertising Is the Road
Charles W. Martin to Build
Twenty-Five New Houses
Twenty-five more handsome resi
dences are to be built by Charles W.
Martin in ulinne Lusa addition, north
of Miller park, as the summer's build
ing program. These houses will be
worth from $2,500 to $9,000 each. The
aggregate of the building permiufjust
taken out for this program totals
something orer $100,000.
REDUCTION IN TOLLS
THE ASHLAND PLATTE RIVER BRIDGE CO,
Announce that they have reduced the rate of toll on
their bridge for this season to
FOR EACH AUTOMOBILE AND DRIVER
Good Roads and Best Route on the
OMAHA LINCOLN DENVER HIGHWAY
Maxwell Owners Wrote This Advertisement
200,000 enthusiastic Maxwell owners in the world. The extracts from
letters printed below are typical of what they all say:
Repair Expense 5c
Bait thousand Biles 22 mil to the gallon
one set of tins. Repair expense. Sc. I am tatiified.
J. l Fall, 6208 IWonity At Chicago, 111.
All Kinds of Power
My car hai all kinds of power. Wo bar irp to
45 grades around hero and it is seldom I novo
ores to shift gears. I bar had no tronUo and
ao axpente other thaa (or gas and oil. A. B. Chrif
cjoittoftj Hendricks, Minn.
11,780 Mountain Miles
My Maxwell haa gtmo 11,780 miles wherever tho
track of any car haa boost around those mountains.
I got 8,000 miles on my tiros and about 22 miles
to the gallon. No trouble or repairs whatever.
f. C HsiUy, Colorado Springs, Colo.
Climbs Any Hill
1 ran about 22 miles to tho gallon. My car
newr (ails to start, haa never boon in a garage (or
repairs, and baa never (ailod to climb any hill. I
Sm't say too ranch for tho Maxwell. H. W. Lacy,
utoy, Now Mexico.
16,200 Miles No Repairs ,
my Maxwell car 16,200 miles aver
aga 26 H miles to tho gallon. Hare not bad any
repair expanse. My car is tho boat tho market
t tho priced-Oscar U YoJtr, Chickasha, Okla.
Will Go Where Other Cars Can't
I like the Maxwell because it is roomy and com
(ortable, easily operated, almost trouble-proof, and
because it .will go anywhere any car can and eomo
R laces whoro others can't. I. . Mead, Marshall,
Economical to Ron
My Maxwell is very economical to run. t hare
gone more than 10,000 miles average 23 712
miles per gallon of gasoline. George L. CUavr,
Imbler, Ore. !
My Maxwell has wonderful endurance. It can
stand any kind of abuse. Betides, it goes better than
20 miles per gallon. My United States tires havo
given 4,000 miles so far and are good (or many
more. George Umbtrgtr, La Crescent, Minn,
e a e
30 Miles Per Gallon of Gasoline
I bar tried a good many light cars and know
that tho Maxwell is tho beat all-around car in its
class. 1 have driven it 8,500 miles and get 30 miles
to the gallon. No repair expense whatever. L. A.
Sw.atman, Providence, Rhode Island.
Plenty of Speed
My Maxwell la wonderful hill climber, has plenty
of speed, is easy to operate and is vary substantially
built I hava driven it 4,500 miles. John C.
Freeborn, Blooming ton, Kansas.
Averages 27 H milee per gallon, has driven 4,000
miles, and says, "If 1 were getting a car tomorrow
it would bo a Maxwell. It has amaxing power."
F. B. Ctrhard, Coral, Penna.
Perfect Shape After 23,700 Miles
23,700 milee, average 20 miles per gallon. My
car has never failed me, no matter whera I want to
go. If I were buying another car it would surely be)
a Maxwell. F. H. Haroun, Portland, Oregon.
Monthly Running Cost, $3
Has driven a Maxwell (or 2 years, and says, "Mr
total expense (or tires, gasoline, oil, new parts ana
everything else is $75, an average monthly expense
of about $3." G. W. Baker, Carthago, Missouri,
. , . No Equal for Service
We hava driven our Maxwell 6,804 milee on about
21 miles per gallon of gasoline. One trip of 1,916
miles, fire passengers, tent, bedding and provisions l
crossed the Blowett Pass, Snoqualmic Past, Mt Rai
nier Park, Sunset Mountains and Blua Mountains.
Wa believe that the Maxwell hat no equal at any
thing near its price. J. U. Barky, La Grande, Ore.
4,500 Miles on $58.20
Mln seven months, I hava driven 4,500 miles, get.
ting 22 miles to the gallon, total expense $58.20
including gas, oil, tires, etc. average monthly oper
ating cost $8.31. My driving it over mountains or
desert. - In my opinion a Maxwell could bo driven
8,000 miles without a single item of oxpense, except
gasoline and oil, if given fair attention and operated
on (airly good roads. Fred WiUianu, El Centra,
Drove Up Pike's Peak
My ear has run 10,872 miles through jMmtainous
eountry and I average 19 milet to tho gallon. I
drove up Pike' Peak Highway, over all the ecenle
drivot of, Southern Colorado, through Ariaona and
New Mexico. Never had any angina trouble what
ever. Altni J, Black, Avondale, Colorado.
These extracts are but a Very few of many thousands of letters from Maxwell owners.
What the Maxwell has done for these motorists, it will do for you
because the Maxwell is built right of only the best materials, on sound, sane,
time-tried lines of construction. , . " '
Come into our Salesrooms and let us show you how and why.
I Roadster. $650;' Touring Car, $665; Cabriolet, $865; Town Car, $915; Sedan, $985;
completely equipped, including electric starter and lights. All prices f. o. b. Detroit.
' - C. W. FRANCIS AUTO CO.
2216-18 Farnam St.
Time Payments If Desired.
2212 Harney St.
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