Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-20

buildings continue TO come. Last week j.
b. Rahm announced an $4,000 warehouse
at the southwest corner OF Ninth and Far
nam streets for the United States Supply
company. The contract has already been
let and the excavation will be started
within a few days.
Other buildings in prospect are $4,000
brew house for the Willow Springs brewery
at Third and Hickory streets, and $4,000
structure for the M. spiesberger g. Son
company on lower Farnam street. Negota-
lions are under way between the Spies
bersers and the owner OF the property for
the construction Of the building.
From recent Improvements which have
been made OF churches to be built this
summer Il would seem that Omaha Is get
ting to be a city OF churches. Bids will be
opened In a few days for the construction
of an 5000 building at Twentieth and Bur-
dette streets for 81. Marks English Luth-
eran church. In the last two days have
como the announcements OF a church that
will be built at Twenty-fourth street and
Ames avenue to be called the Pearl Metho-
dist church and to cost $1,000; OF a Swedish
Lutheran church at Thlrty-sixth and La
fayette streets, TO cost $4,000 and of
Jewish synagogue on Ninth street, near
Burt, to cost between $4,000 and $1,000.
Also, II has been but short time since
the First Christian church and the Lowe
Avenue Presbyterian church began to lay
their plans for building
ct see" said the veteran real estate
man. that Peter Her, along with his
hotel projects and tile and brick factories,
dstilleries and other things, occasionally
picks up a neat piece of money a real
estate deal and 1 shouldn't be at all sur
bn
tate than on all of his Industrial projects"
'what has he been doing now2" asked
n friend.
"Oh, only sold the last piece Of his eleven
acres on the river bank, that's ALL Just
north of the Union Pacific bridge, you
know Paid $4,000 for 1t years ago and up
TO the present time has sold so4,500 worth
OF ground and still has a piece left which
he values at the original purchase of the
whole. These are Mr.. Hers figures and
/ have no doubt he has made the money
They laughed at Peter Her when he bought
that ground and they called 1t swamp land
He sold three acres to the Dietz Lumber
company for t25,OOO then he sold a piece
to the Distilled Water Ice company. Next
the Omaha Electric Light and Power com
pany bought a piece. The Union Pacific
wanted wider approach to It's bridge and
bought a strip for right-of-way. Then the
Burlington railroad and the Sheridan Coal
company cleaned up all there was left.
Mr.. Her never had over $4,000 invested at
any one time"
There always has been a sentiment among
the members of the Real Estate exchange
against allowing weatherbeaten shacks to
be moved from the lower parts Of the city
into the better residence districts. This
has been lately heightened in intensity by
the prospect of having the buildings from
the Northwestern terminal purchase scat
tered all over the north part OF the city.
Some have already been moved, and the
others will be taken to new locations as
soon as leases expire. While It is not ex-
pected that anything can be done before
this Northwestern property is cleared, the
incident has been an incentive for work
on the part OF the exchange for laws to
protect the better parts of the city from
the invasion of shacRs A committee, con-
sistng Of Byron Hastings, c. c. Sinner
and d. c. Patterson, has had one inter
View with the building inspector and will
have others in regard to proposed ordi-
nances regulating this evil.
Unless some Of the real estate men get
into line very shortly the Real Estate
exchange will have but one representative
on the Kansas trade excursion of the
Omaha Commercial club this week At the
last meeting of the exchange Stanley p
Bostwick vice president, was selected
TO head the delegation. Byron r. Hastings
volunteered to go with him, and the two
expected to get four more to accompany
them. Since then Mr.. Hastings has beer
pressed into the service of the CONNER
clal club to help raise money to guarante,
Al A..
Union of America, which meets here II
July and his duties along that line TAX,
much OF his time he feels he cannot
go on the excursion. 1t looks now al
though Mr. Bostwick would be the only
representative of the exchange. I'VE ar,
too busy selling property to 60" said on,
member. mr.. Bostwick will have to maxi
enough noise for all Of u.s.
A. L. Reed of the Byron Reed compan,
declares that scarcely a day goes b.
which does not bring someone from on
In the state looking for house.
1T is surprising the number of peopl
who are moving 10 Omaha" said MI
Reed. Some are retired business men o
farmers who are coming TO Omaha I
live. Others are business men who fin
a chance TO exercise their abilities 4
Omaha, like Mr.. Newman, manager Of tn
Independent elevator, who recently move
here and bought a nice house. Toda
A. Nystrem OF Denver was in here an
bought a house. He paid 5000, a modes
sum, but there are so many who ar
buying similar homes that It makes
large aggregate. II all goes to help towar
the city Of 10000 in 1870"
while you're talking VI people buyin
homes in Omaha. I want to speak a wor
about their buying in Omaha for invest
ment," said Charles Williamson. with
out attempting to make a list OF men froI
Nebraska towns who are putting the
money into real estate in Omaha I wi
simply state that many OF them are NAL
ing investments which show an unbounde
confidence in omaha's future. One IL
stance IL the purchase, which was mad
through my Arm. OF some acreage prof.
erty near Fort Omaha by an Indianap pol
concern. This firm, though II has NJ
yet begun operations, proposes to lay o,
a model suburb. grade the streets, plar
trees and put in sewers The wealth
farnara ara looklnU aRound 10 has, 20