Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-06-24

An unusually quiet state Of trade pre-
walls among the real estate fraternity, ac-
oording 10 reports OF many. All are dong
some business, but the summer lull mas
come, and Is In marked contrast to the
activity of month or two ago. 1t is pre-
dicted that 1t will continue until Septem-
Der. Few big deals will be pulled off in
the summer months, unless this year
proves the exception, say the dealers. Eust-
ern capital is very inactive in Omaha at
present. This is for the reason that the
investors OF the east close up their offices
when hot weather comes and go away for
the summer. When the cool weather Of
the fall comes they will return to their
Offices, and Omaha real estate will feel
the influence of their inquiries
or interest to those who have bought
property in the West Farnam business
district in the last few months is the an
nouncement by f. d. Wead that plans will
be in the hands of contractors this week
for the building TO be erected by Mr.. Wead
and II. II. Baldrige at the northeast cor
ner of Twentieth and Farnam. Sign boards
have been torn down on the lot and the
fruit stand there is to be removed at once.
The building will embrace five stores, all
Of which have been leased 1t will be
slxty-six feet on Farnam street and 1S2
feet on Twentieth street. and will be but
one-story in height, though walls and foun-
dalton will be made heavy enough that two
more stories may be added when 1t Is
deemed advisable.
Florence Heights is the latest suburban
project to be exploited, George & Co. hav-
ing announced within the last week the
opening to the market Of the new sub
division of Florence. The property con-
sists of eighty acres on the hills in the
north part of the town OF Florence. within
the corporate limits. and it has been d.
vided into sixteen tracts for sale. Six
sales have been made as follows; Bert G.
Fowler ten acres; Thomas d. Crane, ten
acres; J. H. Harvey. eight acres; Mr.. Parks
of Florence, two and one-half acres; ]. o.
Russell OF Florence, two and one-halt
acres Some will build summer homes and
others will make the purchases places OF
permanent residence. Florence and vicinity
Is a popular place for summer residence,
and the new subdivision Immediately adj
Joins the country places OF Myron l.
Learned and Henry Wyman-
One man who built stores on Farnam
street, west OF Eighteenth, not many
months ago viii In future be chary about
leasing his stores before they are built.
He leased one store before the building
operations were begun, and the tenant
shortly after moving in was offered SIS
a month for his lease, which was $50 more
than he had paid. Another tenant in the
same row of stores was offered 1900 for
his five-year lease. Such IL said to be the
increase In rental values in the last few
months. Either that, or the owner in
question was too modest m his demands.
The picnic Of the real estate men at
Missouri Valley last Thursday was the
most successful one ever held. More than
100 people from Omaha spent the day in
merrymaking in the park at the Iowa
town. The afternoon was spent in sports,
including a snappy ball game between Mis-
souri, Valley and Omaha teams, which was
won by the Iowa boys by score OF II
to l. Picnicking is becoming popular with
the wives and daughters OF the real estate
men and more women were in evidence
than on any former picnic. There ought
to be 900 people at next years outing