Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-12-16
TIMELY REAL ESTATE TALK
Great Demand for Traokags Property
Shows Growth of the City,
MANY NEW PURCHASES ARE REPORTED
Expansion of Implement JObbing
Business "A Feature Of situation
that n Attracting Atten-
ton of Dealers.
MANY NEW PURCHASES ARE REPORTED

that IN Attracting Atten-
tion of Dealers.
Nothing ls n better indication OF the faith
OF local business men in Omaha's future
than the constant investment in trackage
property for the last year or two. Tho
movement in this direction has been es-
pccially lively this fall. several pieces hav-
ing changed hands I'm the district west Of
the railroad stations, and a number having
been sold along the Belt Line. Most OF
these purchases having been made for Inn
mediate use OF coal and lumber companies
and factories but some have been made
purely as Investments
a recent deal Of fho Willow Springs
Brewing company combines these two
features The company has bought a piece
of trackage property large enough to pro
vide for the growth of the brewery for
many years. and at the same time to pro-
vide sites for one or two other factories
or warehouses. The tract is 100 feet in
length and two lots wide at tine end. A
$4,000 brew house Will be built in the
spring on the company's land just south
Of the new Acquisition.
George Barker is another believer In the
future Of Omaha's jobbing and manu-
featuring Industries. He has paid Patrick
j. Carney $500 for trackage lot at the
northwest corner of Eighth and Pacific
streets, having already possession Of the
lot Immediately west. Mr. Barker will
build on the lots I'm the spring If the de-
mand for warehouse room warrants it,
Some incentive to hustle was given the
real estate men Of Omaha by the recent
fire in Council Bluffs which burned up
the four-story building of the Union Trans
fer company. together with its stock and
that Of three concerns for which it acted
as transfer agent. AS the Council Bluffs
implement row has been gradually trans
ferred to Omaha for number of years,
and as the general tendency Of the i'm
plement jobbers seems to be in favor of
this side Of the river, there is every rea-
son TO hope that the Union Transfer
company can be induced to come to the
Gate City. At, any rate, the real estate
men think so! and they are furnishing the
manager Of the jobbing company with lists
of property which may be considered avail
able. They are also bestlrring themselves
10 get offers Of capital to build for the
implement company and one Omaha capt.
tallst has offered TO erect a building.
OF course there is q possibility that the
business men OF Council Bluffs will offer
Inducements TO the company to remain
In that city. as they are considerably
alarmed at the possibility of the loss Of a
Jobbing firm.
Another bit of interesting news to the
realty men was the announcement that
the Rock Island Pillow company is con-
a.,
After the publication of the fact, many
dealers who did not know of it before
went to the Rock Island office to tell what
they had to offer. They have been referred
to w. L Bogardus, general manager of
the company at Rock Island, ILL.,. for j.
8. sherdeman manager Of the Omaha
house, says no ground has actually been
bought, though negotiations are under way
for a lot Some of the realty dealers
think the company at least has options
on property, as they have the information
that plans for the structure are being
drawn in a local architects office.
The decision OF the Rock Island company
to build is but one OF the many recently
displayed evidences of the development Of
Omahas implement jobbing business. Par
lin, Orendorff & Martin Co. has erected
a large building, the sattley Co. is about
to add three stories and the John Deere
Plow company has announced its inten-
tons Of selling its old home and building
q new and larger one. In order not TO
lose an opportunity TO sell real estate.
the agents have to keep a close watch
on the city's jobbing firms.
The demand for Florence property was
shown last week, when bidding became
active at a forced sale of some twenty lots
and several men Wed with each other until
the price was run up to double what was
asked for the lots in the vicinity six
months ago. Considerable building is being
done at Florence and the owners who have
been accommodating property there for the
last few years are beginning to sell for
building sites. Several good sales were
recorded last week at advanced prices
which tends 70 show people are lookins
70 this ancient settlement as one Of this
coming suburban residence districts around
Omaha. Florence has some Of the sight.
Hest hills which can be found in eastern
Nebraska hills suitable for building DUR.
poses, from which a good view of tbs
winding Missouri may be had for miles, II
both directions. The canning factory give,
employment to a considerable number OF
people, and other industries have beer
looking over the ground for a location.
Samuel Burns, one OF the pioneer bust
ness men of Omaha, has sold his buildin,
and lot az 1916 Farnam street TO w. A
Moses OF New York City, for $4,000. Tn,
building Is three stories In height and 4
RxlO feet. 1t was formerly occupied b.
Mr.. Burns with a stock of croekery an,
Queensware, but is now the home Of tn
Omaha Clothing company.
Metz Bros. have bought the beautiful
wooded tract on West Center street know
as Ruser's park, securing It from Colone
J. c. Gallup, who bought It about thre
years ago from Mrs. Ruser. Fred Met
said last week, that he and his brother
had bought the park largely as an in
vestment as they did not intend to fix
up much during the coming summer. The
Will hold Il until the growth OF Omaha de
mands another park on q large seal
similar to Rrug park. Since the formin
OF the Elmwood club this property ha
taken an additional value, because thar
IL every prospect OF the street railwa
company running its lines there this sum
mer. and whether the car line Is run ou
Center street or Leavenworth, Il win b
close to the park.
Farnam street seems 10 be coming I
the front as a street OF flats ana anori