The Montgomery advertiser., 1906-01-13
So Say Dealers, of Most of city's Property. HOW THE CITY HAS CROWN Suburban Property Has More Than
 Doubled. A Remarkable Showing For Montgom- cry Is Made In the Statements of the Real Estate Men--Facts
 On Conditions Existing In
 Montgomery.
By VIII T. sheehan.

tt6dt CStcbt OI fHOSl CldSbcc HI 01olAt~ gomery has doubled in the past five years. The value of Montgomery su- burban property has perhaps more than doubled. So say the city's real estate men.
 Business property. that is, the stores and buildings in the heart of the busi- ness section have probably doubled. But there is no way of finding this out. None of that property is for sale. It is doubtful If single store in the congested business district could be bought now. Real estate men, ono af- ter the other have tried to buy Dexter Avenue stores, Commerce and Court Streets stores, but they are not For sale.
 Nor is there any Likelihood of these stores being put upon the market. The men who own them do not want to sell They want to buy other stores. No cir cumstance Is forcing them to sell. They don't borrow money, they have money
 to loan.
 There is not vacant store in Mont-
 gomery," so said Alderman Leopold Strauss yesterday, a member of the real
 estate firm of Holt and Strauss. Mr.
 Strauss knows because he had just turned away a man who wanted 70 start a new delicatessnes store. There
 was none to be had. And many other merchants and prospective merchants have found that this condition exists to their misfortune.
 Advance of All Interests.
 This situation briefly sketched, re- fleets not only the rapid advance of business property, but 1t reflects as well, the astonishing development or Montgomery in the past five years Another fact which has its own being upon this condition, is tfle action or tne Board of Equalizatiod which recently held it's session and which raised lhs tax valuation of the property apou' Court Square by $25O,O0O.
 MT. Holt of Holt and Strauss has an incident fresh in his mind which ls eIoduently convincing of the almos' l fabulous figures at which store proper ty in the congested district is held.
 asThere came man, to me" said MT Holt. 'wanting to buy certain piece of store property. He was wiling te pay s65,000 for this piece of property
 I submitted his proposition 10 tns own, a, CT of the property. The owner ulu no' even consider the offer. He refused tne nronosition in the same minute in which it was offered" And yet doupt aIte' insurance and taxes were paid, IT ne
 was getting more than per cent. Iron the property. .Lorn Ia But surburban property-there Is nothing difficult IA tihoihs os.i. comparisons. for gauglng ana TOT ,,sann. Ss...
 maiss for this class of property. There has been more suburban history writ- wr
 ten ten in the past five years than ever before. More suburbs have peeh open. pen, ed in. more suburban lotss have been sold more suburban houses have been buIIt and suburban property has en-
 hanoed more in value than in all other wears of the city's history. In the pas! five wears Montgomery has spilled out and overflowed its cid restraining hounds as 1t never did before. Mont
 gomery simply had to have more sup urbs.
 Suburbs old and New. So forgetting for moment that the marked and notable growth of the aid suburbs which had already started especiaiN notice Is to be taken of the suburbs which have in five years spruns I'D in new places. places which were once almost waste places. Mentioning | just for a reminder the splendid growth