Omaha daily bee., 1898-12-11

SOUTH OMAHA NEWS.

The real estate market In South Omaha
is on the upward turn and prices are ruling
higher at the present time than for some
years past. New buildings are being
projected all over the CITY and all that is
delaying the construction now is the low
temperature.
An unusually high price was received for
the lots sold by the school district Friday
night, the price paid being considerably in
advance Of that quoted on the market. While
nothing Is known about the transaction, 1t
is understood that Mr.. Loevy purchased the
lots for the Pabst Brewing company, he
having been the representative of this
company In a number Of other deals. The
triangle was without doubt bought for
speculative purposes. as 1t is we'll known
that the Union Pacific railroad 10 anxious
to secure title to this land for a depot
site.
The school district secured $1,000 for
a little over three lots and in order to
give a clear title will have to pay paving
taxes amounting to $1S0.9 on the Twenty
seventh street lots and paving taxes for
$16S.15 on the triangle. These taxes amount
to $349.13 and at the price named will leave
the school district a surplus OF Sc, S50.S7.
This amount Is nearly 1000 more than
the lots were considered worth q month
ago, and double what was asked for them
two years ago.
In connection with this purchase OF Mr.,
Loevy 1t might be stated that within the
last few days he has purchased four lots
upon which buildings will be erected in
the spring by the Pabst Brewing company.
The property on N street east of the Del
monico hotel, where the shooting gallery
is nov located, has been bought by Pabst
and he will erect a brick saloon building
on the site in the spring. The other sites
purchased recently by Pabst are at Twenty
fifth and Q streets. Twenty eighth and @
and Twenty-ninth, and @. brick buildings
will be erected on all Of these lots as
soon as the weather softens up a bit.
Another big deal was turned yesterday
by the transfer OF lots seven. eight. nine
and ten In block sixty-eight. Ed Munshaw
was the purchaser. but the price paid was
not made public. Munshaw bought the
lots for a lumber yard and will
making changes on the property as soon
as he gains possession. These lots are To-
Gated just north Of the L street viaduct
and are right on the tracks. They are con-
sidered valuable for the purpose and no
doubt brought a big price.
In connection with real estate matters
1t was reported at the stock yards yester-
day that Schwartzschild & Sculzberger, the
Kansas City and New York City beef pack
ers, were looking for a location here. II
was intimated that this Arm would like to
secure land adjacent to the stock yards and
az land In the vicinity Of the yards Is
scarce now everyone wonders where the new
company will erect its plant.
Deals have been on for some time for
the purchase Of some acre property south
OF Swift's plant, but the agents who have
handled the business are close-mouthed and
will not even admit that they are inter-
ested In any way.
Schwartzschild and Schulzberger hold a
position In the beef trade relative to that Of
Armour and Cudahy In the hog marker.
This firm purchases and packs the finest
OF beeves and buys large quantities for ex-
port. 1t will thus be seen that II the new
company comes here. South Omaha will be
a great cattle as well as a great hog mar.
ket.
In this connection 1t might be said that
overtures have been made to certain city
oficials In regard to the vacation Of GER
tain streets In connection with the estab-
lshment Of the proposed plant. When the