V ; s v ! u - THE-OMAHA-SUNDAY EEE: MARCH 21. 1920. itUA LEADS IN DUILDIflG OF ALL KlfM REPORT President of Association, ' , Back" From Tour of East ; N em Cities, Cites Pre vailing Conditions. ; .Men thinking of building will be " ' j-nerttcd in facts gathered by W. R. Adair, president of the Omaha '.jLoan and Building association, just returned from a tour of eastern cities. Discussing the buildiijg sit- I'lctioTu he said: ' '""From my 'observation Omalfa is tiding more building than any citv I visited, or other cities about which I nlkcd with men "I met, Omaha "gained 'a great advantage when it Maited ,m active building program frtv last year and thus accom plished s. great v deal toward over coming the shortage in homes and , ill , kinds of, building; but today there i even'greater shortage in ail " kind? of buildings and what jjros ; pert have wei for improving this sit- ', nation "Prom a careful survey of build- . iittr operations at this time. Omaha will niaU; a gain ii everv kind of building except possibly ware houses and medium-priced dwell ings. " Tt is hoped that before long some gcod method of cheaper con duction for the moderate home mHI be found. Today many who were doubtful as to whether prices Jvould drop arc now convinced that it will ht no cheaper to build for a fcood many years to come. Apartment Shortage Manifest, v "Looking over the housing sittia ' iion in Ihe east I found many in . tc-tslicr situations and isome very 4lifh.cult problems. ronf a general jnouirjf I find the shortage of homes nd art meats increasingly njani 1'esr, and in no given locality has ,the demand been met. j ,v'fn many localities where ' pros- Jpfctive builders preferred to wait in the expectancy that prices would jdrorv they arc paying for a "costly rxperimcnt in procrastination." Par ticularly is this so in New York .City, where it is estimated there ii -a shortage of 33 per cent as com '"faxred to prewar building programs. Tt , is predicted for this year th:t Sew York' 'City , will break al! previous building records. "In' no locality Ix have visited is Jhere any apprehension of a drop .in prices for a good many years to "come, the demand for all' "building materials being far beyond the plant rapacity of the entire country, The . ,factdries are., operating but little :over- 50 per cent of the prewar Rapacities, owing -to , changed labor 'Conditions and difficulty in securing -raw materials. i -: Money Market Improves. - J'It is interesting tcPnote condi tions of the money market on build nig construction. In the east there 'it serious complaint that the sources . ofjnoney for this class of loans liave preferred commercial Joans on tlortcr time and higher rates of in ;trest. 45ut this condition is. show- . '&ig. a .great improvement and there j$ a brighter prospect that sufficient money will be available to carry out the much needed building jro jjjects of all classes for this year. J "After a careful analysis of the i range of real estate loans made else j where, I find thaf in this locality we are loaning on a lower percentage i of values than is the case in any J other place I have been. The buiio i ing and loan contract in this, utatc lis generally on a 10 1-2 to 11-year basis arid the matter of percentage i now seldom enters into, the question of the amount' of a 'loan, being I based upon' the amount of cash j payment nnde to protect the. first i mortgage. About 75 per cent of the loans made by our association last 'year were cash paid in full to loan - or no second mortgage. "One of the difficulties encount f ered in many localities is that of j financing above'the loan. It is gen fralljr conceded that the gap bc ' 'tween the first ' mortgage and the 5 initial payment is widening, and in ieome localities this condition is be- ing overcome by strong second 5 mortgage companies. Omaha Money Abundant, j "I doubt if there is a section in I the United States where the people i have as much' money for initial pay j ments as they have in Omaha and . the middle west. This is indicated by the unusual amount they are a.hle ; j to pay in the purchase of property. While in the past it has been cus- tomary to pay down from 10 to 15 .' per cent, nowadays, in the majority of cases, not less than 30 to 40 per xent is being paid. k I "In the east I found some little consrderation being given to the , question of the safety of loans today Arr English Style of Cottage c - This beautiful design is of English tj-pe of archi tecture, and is an uousual-. ly comfortable home. The wide porch runs the length of the living room, with the dining room contain ing a, closet, and pantry, on the opposite side of the house. The hall, from entrance to kitchen is a desirable arrangement The second floor contains four bed , rooms with roomy closets and a large bath room. Clyde Smith 'Adams, Architect. ib JLV -VQ" 1JS . ' 1 ' ' ' - ' ' . JttCOHDllOOEJlAJJ' TISTJLOOR$LAM based upon ruling real estate values, but any misgivings that may have been expressed related only to the. siraigin loan anu not to tne amorti zation plan of loans practiced bv .building and" loan associations. By this I mean that the monthly pay ments made oh a loan placed by building and loan associations cut down the pripcipal loan from month to month and year td year which has the effect, of course, of increas ing the security. "There is nothingin the general situation, sovfar as I could sec.- that would indicate any depreciation of values, but should a slump corned at any time in the future, the building and loan associations! occupy a se cure position respecting the sound ness of their mortgages." Large Tract on the -South Side Is to Be Graded and Platted South side property costing $167. 000 has been purchased by Shuler & Cary since last May. The fast tract' was the Colonel Bulla 40-acre tract on-L street just west of the south end of the cross town car line and is to be graded and platted for the' market at once. Engineers are now working on it. The other property includes West L Street Acres which was sold in acre lost' last year, and the Childs estate property in Sarpy county. Joins Sales'Staff pf . New Real Estate Company in Omaha . . . - C :V. Young, for' 16 years special representative for the tt. S. Gypsum company, has joined the real estate firm of Fowler & McDonald as a salesman. Mr. Young's home is at 3314 Burt street. , While connected with the gypsum company he traveled iii every state m the union and in Central and South' America. Walsh-Elmer Report Big . Real Estate Sales Lately ffeal estate sales amounting to $257,700 have been made by Walsh FJmet m the last 10 -lays. This figure includes $198,000 wortn of business and investment property, and $59,800 worth of. house sales. The business property includes one apartment house at $77,500, and a -row of brick flats at $40,01)0: . Any on rarnam street. Charles Dpvinson has 'bought for investment, through Glover & Spain, the 22-foot property at 1204 Famam from Nathan Somber for $22,5W. This property' is just west of the old Nebraska National, bank building. Mr. Sombcrg who owns the bank building, is remodeling it ' Coad Buys House. W. J. Coad has purchased through Glover & Spain, the Daniel Baum 10-room house at 601 South Thirty eighth avenue. Mr. Coad willget possession October 1. John Bckihs is now living" in the house, Louisiana Oil Leases We handle straight commercial leases in the proven and geologically defined fields of Louisiana. For the real investor to own a lease is the only way to engage in the oil business. When you own a lease you can sell it, drill it or let a 50-50 drilling contract. , You control-it absolutely. , i. v ' .... . The . lease you- buy may offset the next Louisiana 'Gusher." Get in ahead of the drill while you can buy at low prices. Write for our lease offering at once. ' Free Map and Oil Review " x .Write today for free oil map of Louisiana and three-, month trial subscription Jo the Louisiana and Texas Oil Review, jiving the latest reports of leases and developments. Subscrip tions limited. ' " H. M. Wyatt & Co. 302-4-6 Times Bldg. Shreveport, La. "We Do Not Sell Stock" New Building Group Now Under, Way to Have 1 44 Apartments in All A new group of apartment houses has- been started vby the Drake Realty & Construction company orf Twenty-fifth avenue just south of StrMaty'S avenue. , The property -was 'sold 'to Drake by. the McCague Investment com pany for Olaf Xelson for $18,000. J'he ground is 198 feet by 112 feet deep. This group of buildings will con sist of four units three stories and English basement in each one. There -will be 144 apartments in thcJ The buildings will all be oi rein forced concrete and work is now under way. j Brunswick-Balke People Locate on Famam Street Rrunswick-Balkc - Collender com pany has taken a six-year lease on the ground floor and basement ot the Jorrcs Realty building a,t 2549,-51-53 Famam street. This is the place now occupied by the Goodyear 1 ire and Rubber com pany which vill move into its new building on Ninth street April 1. The new lease, dealing in auto mobile tires, billiard parlor equip ment, was located at 1309 Famam street until it was burned out by the S.-hmolltr & Mueller fire February 27. The lease was negotiated by the 'World Realty Co Columbia Phonograph Company Branch Has Secured New Quarters Another big eastern concern, the Columbia. Phonograph cojnpany of New York, has located a big branch house in Omaha. 1 This company has leased' 23,000 square feet of floor space in the new Trinibl building at Eighth and Jrfckson streets to be ready for use early next fall. The phonograpah company will make Omaha its distributing center for western Iowa, Nebraska. South Dakota' and states west to SaltXake City. The company will pay an anr nual rental of $11,200. This firm will occupy a floor and a half of 'the Trimble building. . Leaves Loose-Wile 1 Ralph L. Wilder,, manager c' the Loose-Wiles plant in Omaha, has' foresaken the cracker business to enter the life 'insurance field -heie. He has become special agent of the Mutual Benefit Life Insurance Co. of -Newark with offices at 411 City National building. Mr. Wilder came to Omaha ' three years ago from Kansas Citv having served the cracker firm there a number of years., Chickens on Display. - Two thousand baby chicks will be a sight for those Visiting the poultry department of the M. C. Peters Mill Co. today and tomor row. These chicks have, just beeiv hatched and the flock includes quite a number of the different breeds. All visitors 'will be welcome -and experts will be on hand to answer questions on- poultry problems. , : The Union of Theatrical Employes in Canada will from now on be taken car of under the workmen's compensation act in case of acci dents. ' BROKERS AND SALESMEN Are you ready to take on the sale of a high rlass oil lease combina tion which we will cut and fit to match any sized purse. Look us up and write. Non-Producers need not AT1SWC1" ' J. F. MARION COMPANY 804 Burkbiirnett Bid.. Fort Wwth, Tex. Real Estate Transfers Still Breaking Records March real estate sales in Omaha p;.ssed the $5,000,000 mark last week. Total figures tor the first 18 days of the month, compiled by the Reai Fstate board from official filings in lie office of Register 'of DeeJS Pearce, are $5,523,560. Corresponding figures for 1'.'19 v.-ere $2,361 7.14. , There were 769 deeds tiled in the first 18 days ot March this year, compared to 575 for the sams pe riod a ysar ago. Wolf Buys on Dodge Street. The H. A. Wolf 'company last week purchased from A. II. Blank, 44 feet on the south side of Dodge street at Twenty-second for $14,500. This ground is near the Central public school building and has on it two brick flats. COMING YEAR HAS MODELS IN PRETTY BLOOMS Old-Fashioned Annuals Are ' Haying Their Day After A Period of ' Retirement; Old-fashion annuals, ancient fa vorites in oun, grandmothers' garden, are having their day after n period of retirement before the furor for perennials. The marigold, the snap dragon,, the lupin,- and others now find luxurious homes not only in the garden, but on-the greenhouse benches. Snapdragons iand ' pot marigolds adorn the florists' win dow the year round where, a few years ago they found little place. They bloom, that is the secret. Neglect doesn't stop them. The bet ter care the larger and more lavish their display, but they will always bloom.. Graduated from the little patch of posies wherever grand mother found room for them, they now hobnob with the tea roses and other floral aristocrats. Blooms in To Months. -y A garden of-bloom in two months' time with annuals is always an easy task. It js only a matter of selec vantage of the season, Mourning brides, lurgvr end liner, than our f gr.irclmothers ever" knew, give'a (wealth xi long sicir.med flowers t for ! .'.nf iii(r nnit lihinm until fi-ncl rilt vikv,A v ....... them. down and they stand a lot of cold. , .. Huge zinnias, rivals of the dahlias and not half the trouble, will furnish sheaves of bloom. The florist has achieved a triumph in the new col ossal varieties in size, form and color. And they bloom and bloom. Salvias, the old-fashioned scarlet sage, growing tall or growing short, as nny be desired, with long stems or with short stems, the most bril liant annual! needs shelter front the cold when if" starts. Golden Daisies. Golden daisies, rivals of anything the florist turns out. can be had in tjie annual chrysanthemums. Double balsams , growing into miniature .trees of bloom- when transplanted and pinched back are popular again. They are 'now ap pteciatcdi as pot plants for summer table decorations. Pinks in myriad shades grow as easily as weeds. An nual' 'poppies in delicate silken shades as well as flaunting scarlets pre ready to furnish their blfcom once their tiny seeds arc scattered, but they arc annual that does not bear transplanting well. They should be sown in the open, ground. The hardy annuals offer the quick est return of any garden, material. The one fault usually found and which should be guarded against is planting theni too thickly and lo"sing half their' development. Four o'clocks, for instauce. need two feet between them and they will meet. Airican marirgoias inaKe ing ousnes " Old Residence Sold "The old KiiiK residence and prop erly at 1811 Cuming street, owned by Herman Bursky, has been sold by Brower McCague to A. Bem-s-tiir for ifllO a front foot. Th resi dence on the property is about 40 years old. see' shabby, faded garments turn new A Tit ltd Will Stntt What. retlU. it Wall Strwt'i wurtif . Who Reoiires. there, the nrof- itj. and howr What tltm ha all thlt on virar financial future ? Ttirse quebtlnna are answered in "Your Finanolal Skill." the booklet Ifree) which descr bea I our ' well-organized training in finance and nernce. senu ror tms nmwiei now. AMERICAN INSTITUTE OF FINANCE . 5502 Car ken Building. New York if 55 mas. some ot tne smaller growing annuals need more room than they are usually given. Mignonette needs a .six-inch radius to develop its "per fume, but it seldom gets it. tion. Thtuk of the royal asters we if Riven the room. So do the zin- now have, rivals ot the chrysanthe mum in size, of bloom and state liness of growth. Now is the time to -get ready for a sheet of color outdoors ilnd full vases in the house. Get ready for castor baans the size of a. small tree if you like this state ly exotic. Five cents will bring the makings of a stately screen of the Zanzibar castor bean with its great umbrella leaves. j A ' low hedge pt four o'clocks along the walk or driveway to brighten the dusk with their sheets of bloom can be started jn a kitchen window. They can be started outdoors, but why lose a month or so if there is a place forthem. ' African Marigolds. Gorgeous golden African -marigolds with their velvety brown, crimson and mahogany French cousins make the garden gorgeous for the later months. They can be started early and brought into bloom earlier. -It is only a question of selecting a favorite, to take ad- FREE COPY INDEPENDENT OIL NEWS You owe it to yourself, to get the plain facts regarding the money making chances in the great Texas oh fields. y, Send the coupon for FREE COPY of the INDEPENDENT OIL NEWS-it ahowt you how to inve'at telle you of great opportunities in oil, the' world't quickest fortune builder. It telli how others hire won and give you valuable infor mation regarding the marvelous oil fields which open to YOU the shortest cut to prosperity. ' Independent Oil News, 229 Uilmoio Building, Fori Wotth, Texas. k Gentlemen: Plea send me FREE copy of Independent Oil News. Name .. Street .. ; Town .'. . State .... . FOR RENT TYPEWRITERS All Makes - t Special rates to students. CEJITRAL TYPEWRITER ' EXCHANGE . D. 4121. 1905 Farnam St. TEXAS OIL TIMES Tells you how Texas Oil Gushers are Making Millionaires Over Niajbl Issued weekly by exptrienced oil men. contains interesting illustra tions, authentic maps, and live news about the rich oil pools and good substantial oil companies. A three months' trial subscription will be mailed you absolutely free, upon re quest. Write for it today, and ask us for any information you may de sire about any oil stock, oil com pany or oil field in Tckss or the Southwest. BROWN-McBRlDE CO., Inc Pioneer Texas Oil Optrators A Brokers Suite 16, Edws. Bldg., Ft. Worth, Tex. I North Louisiana OIL LEASES 4 Wildcat leases in blocks as small as 10 acres near drilling welb. Price $2,50 up. Five pear commercial leases. Titles Guaranteed. Acreage in Sabine Parish, on famous Sabine Uplift surround ed by development, as low as $10 per acre. " United Brokerage Co. 517 Market St., Shreveport, La. Broker Wanted , We own a block of 24 dividend - paying stock in one6f the best producing oil companies operating in TeSas. This is a going, produc ing company free from debt with unusual po tentialities and adequate ly unanced. we can make you a very liberal proposition. Bankers Trust Company of Wichita Falls, Texas McCLURKAN BUILDING Wichita 'Falls, Texas SELECT FOREIGNBONDS 'V f In consequence of low exchange rates, due chiefly to favor able trade balances, many foreign National Government and - Municipal bonds may now be purchased at prices to return a phenomenal yield notMikely to be duplicated again during the present generation. , ' . - Investments regarded as uniformly safegmay now be made , to yield profits ranging upward to 40 ft. 1 The time is ripe for holders of low yielding bonds to con- ; sider the advisability of exchanging to more profitable, safely , secured, foreign bonds. , . ( 1 Send us a list of you? holdings for suggestions SPECIALISTS IN FOREIGN A - GOVERNMENT BONDS - . L. L. WINKELMAN & CO. 44 BROAD STREET, NEW YORK Tslsphoas Broad M70 rbilidelrikia - Baltinora Ckieaio I'ltvriand Findlir, (j. Marietta, 0. r-arkcrabiirf, TT. Vs. i.. Direct Private Wfras te Various Merfcei and BVancb Offices The only non-poisonous Rat and Mouse exterminator in the world Millions a -star It in all HtJI- Exclusive territories srranted to responsible dealers or stents. Trios 15 os all er tex. "!' " $1.00 sir Ik. la bulk. BERG & BEARD MFG. CO., Inc. lOO Emerson Itare, Brooklyn. K. 1. C R 0 STOCK PRIVILEGES C 1 0 K 0 D L PUTS AND CALLS $ I L J SO DAYS ODD LOTS Best, safest way to trade. No margin Calls rossible, as risk is limited. Profit, unlimited Ask for free booklet. "SUCCESS IN THE STOCK MARKE" With small outlay hundreds of dollars are made UNLISTED SECURITIES KENNEDY & CO. Est. 18: Members Consolidated Stock Exchanfe.N.Y 74 BROADWAY, NEW YORK UP-TO-THE MINUTE . OIL NEWS FROM TEXAS FIELDS Get vour name on our mailing list We are watching developments and -will furnish you this informa tion Without Cost to You WRITE FOR IT UP-TO-THE-MINUTE OIL NEWS Suite 499. Oil Operator's Bldg. Ft. Worth. Texas "Diamond Dyss" tyake Old Ap parel Fresh and Stylish, Don't worry about perfect results'. Jse "Diamond Dyes," guaranteed to Rive a new, rich, fadeless color ;o any fabric, whether it be wool, iilk,, linen, cotton or mixed jroods dresses, blouses, stockings, skirts, children's coats, feathers, draperies, :overings. ' . The . Direction Book with each package tells so plainly how to dia nond dye over any color that you :annot make a mistake. ,. ' To match any material have drujr ?ist show you "Diamond Dye" Color Card. 1 PAYMENTS; monlllv toys etlrlftt V "' PLirthasir ucurti MwWr'ol CV& oh r spttblty Wnl r KfW l,3l mnd Ml porli(u!ar$ - f 'REE CHARLES E VAN RIPER MrnMr tonftohofottd Stock tu.h9 50BOAD ST, MfW VOK SILVER and OIL DIGEST FREE Gives valuable information about oil and mininic companies. Tells whera y can buy nnd sell minins? and, oil stock. Quotes prices. C. W. riavei-y, Publisher, 661 Denham Bldg., Denver, Colo, OIL LEASE SYNDICATE FORMING We are syndicating four oil leases intu T5 units of $1,000 each. The niembrra will either make a minimum profit of flo.ooo for each J1.000 invested with an annual in come of $1,000 or more, for a number of years, or they will lose their money. No one is desired as a member of this syndicate bo cannot afford the risk. We . believe you have nine chances of winnina BRainst one of Josine;.' Tha PCOPlo " are furnishing theMcsscs for' this syndicate formed a similar1 syndicate in the early part of l'J19. Esch member of that syntli cste hss received better than 200 in dividends snd has retained an interent'that has increased in value many tlniei. The. minimum investment ia $i00. It you can afford th risk, let ua lay full particulars bcfove you. ' R.M.Sanfarrl, Omaha Branch, SIS Bes 3'd. Dividend Announcement 6 Cash 100 Stock HARVEY CRUDE Harvey Crude Oil Company of Kansas City and Tulsa at a Direc tors meetinjr Monday, March ,15th, declared a Regular Quarterly 6 Cash Dividend, as-heretofore paid since September, 1918, to Stockhold ers of record March 31st, 1920. The Directors also authorized, in accordance with plan promulgated at recent annual meeting, a 100 Stock Dividend as of April 10th, 1920. S. M. GOLDMAN, Secretary. Panhandle Oil Leases Texas Panhandle Leases Offer You the One Best Chance To Get Into v the BIG MONEY We Mean "RIGHT HOW" It" y6l put this Panhandle buy off to see what those hundred drilling wells develop, you will have lost, and somebody else will have made. V . '- i Itfs already the world's greatest gas field, and everybody says it will be the sensation of the Mid Continent when those deep tests hit the oil sands. Look Avho's there! The Empire with millions of acres leased ; the Prairie ; the Sinclair; the Humble ; the Magnolia;' the Dutch Shell; the Tidewater; the Texas; the Texas Pacific; the Oklahoma State. Oh, well, they're all there, and betting millions on big, deep production. , , We will sell a part of our holdings in tracts of1 10, 20, 40, 80, 160 acres, singly or in combinations. AVill let you select what you want from our leases in' Dallam, Hartley, Oldham, Palmer, Sherman, Moore, Hutchinson, Carson, Swisher, Ochiltree, Roberts, Gray, Wheeler, Hemphill, Collingsworth and other Panhandle Counties. Will also quote special prices on Montague, McCulloch, Clay and Hardeman. ' You cannot find a purchase thaf will excel our offer. Your inquiry incurs no obligation don't wait long. JIME spells PROFITS. J. F .El Ail ION 00. 304 Burkburnett Bldg. Fort Worth, Texas. Fundamental Financial facts I Published Monllity in Ihe Interest of (he American Investor It will be. of profit to read the s i following articles in the March number. E "A Boiled-Down Lesson1'. in finance. 1 "The Controlling . Factor I in Industrial Development " "Speculators ' in tJ. S. I Bonds Made Enormous " Trofits." . I "The Outlook for the 1 Motor Industry. ( I "Judging Europe's Sol- I vency by Past Records. " 1 'The Foreign Exchange 1 I . Situation." , . "Business , as Usual in ' I Germany. . I . "Europe's Remarkable I Industrial Recovery" "A Well Balanced In- I vestment" . I "American Speculation In 5 Foreign Bonds." - jf i t Sen r on Request Gratia , I BAGBY & COMPANY 1 i Invttmmnt Snd Floor, Orcar-Lesllc Blda I KANSAS CITY, M9. 5 RiiiiiiiuiuiiuiiiuiniiuiiiiiuiiniiiiHHiniiiiiiniiniuiiuiii n mm Wii n 15 mm e era V ' Fort Worth Is the Fastest Growing City in America j v Population ii 1917 was 107,000 now 170,000. ; $30,00,0, 000 worth of. buildings now under construction.' ' ' ' ' 1,000 Residences, 75 Apartments, 100 other big structures under way. 24-Story Office Building 17-Story Hotel now building. TEXAS ' FORT WORTH The World's greatest oil tenter., 9 Oil Refin eries in operation 6 more building. Tipe Line center 6 trunk pipe line systems to great Texas oil fields. Rail way center "17 railroads. Bank deposits doubled, last year 6 new banks opened. Most prosperous city in the country! Send for our paper, the Fort Worth Oil Jleporter FREE. Read the latest news up-to-date, authentic, dependable. Get the facts about the great Texas-Louisiana oil fields. You want to make money watch iour paper for opportunities! IT'S FREE USE THE COUPON BELOW MAIL IT TODAY! Increasing in population faster than any other State the greatest oil producing State, in the Union all records broken ftfr high percentage of big wells over 3,Ot)0 wells now drilling ' Texas oil is a fortune maker 100 new Million aires already made more in the making!. . FORT WORTH OIL REPORTER, Suite 585 t 810 Throckmorton Street, Fort Worth, Texas Please send me your paper thetFort Worth Oil Reporter FREE ..me ........ .Address . (Pleaae Writ Plainly) v 'V 4 i