Omaha daily bee., 1906-06-17
TIMELY REAL ESTATE TALK
Eastern Men Find Omaha a Little Bit
Buster Ths7 Expected
NO EMPTY HOUSES IN ALL THE CTY
Prospective Increase I'm Values II
More Than Justified, According
90 President wattles OF
Grain Exchange.

Two men from the-esst who loan money
on western city property were in Omaha
lest week looking after their investments
Before they went away, one of them re-
marked to his Omaha representative:
we have been in the city two dsyE.
and have ?. ent most of the time out In
the residence .ortion, but we have seen
only two vacant houses. and they are be-
ing repaired, ready for families to nova
IN. We were In Des Moines, and found
about 200 vacant houses there. The facts
10 not speak iil Of Des Moines, for there
is usually more or less slack in every city
in the matter Of houses for rent. but they
spenk esrec ally well for Omaha No one
eds better proof OF the city's growth
,han &c see the number of new houses
hat have been built in the last Few
months. and then have to search for days
sor vacant house.
A canvass Of the real estate men for
their opinion as to the number OF vacant
houses in the entire city. would show thu
average guess to be below nifty The
constant shifting of families allows this
many, but no one is empty longer than
It takes one family to move out and an
other to get in.
Suburban Omaha keeps on growing. A.
p. Turkey & Son have bought Epworth
and are placing the lots on the market
The new addition lies west of Thirty-sixth
street and south of Grand avenue and
Immediately across the street south from
the recently plated Turkey Heights. The
ground is high, affording a sweeping view
of the surrounding country. The addition
was plated some time ago.
The advance in Omaha real estate
values in the last two or three years Is
only start for what is to come in the
next few years"
"In less than ten years, with tho
proper management of the Omaha Grain
exchange, Omaha will be the biggest corn
market in tho world"
These two optimistic statements were
made by Gurdon w. Wattles at last weeks
session Of the Real Estate exchange. Mr..
wattles said the gradual advance In,
values was warranted in every way, and
he could see only brightness for the fu-
ture Wyoming and western Nebraska, he
said. were on the very verge of enormous
development which would bring wealth to
Omaha in the way OF trade. Another OBJ
servation made was that property Is
lower. comparatively. than in other cities
of similar size.
J. II. Dumont who has been actively
engaged in business in Omaha for a great
many years, has entered the real estate
business, with an office at 726 New York
Life building. His son, John r. Dumont
who has Just graduated from the Univer-
sity of Nebraska, will be associated with
him, under the firm name Of J. H Du-
mont q Son. Mr.. Dumont has for years
been one OF the leading spirits in tht
Commercial club and has been conspicuous
in every movement to help Omaha. 1t IL
expected that the new firm will be a live
factor in the local real estate world
For some reason or other the letting OF
the contract for the erection Of the Car
penter Paper company's new building o.
Ninth and Harvey streets is being hello
up at the office Of the architect Inter
ested contractors are OF the opinion tina
the bids run higher than the Carpenter
expected, and they are calculating som,
way OF cutting down expenses. larg
amount Of stonework is called for by tn
specifications, as they stand at present
and 1t Is said that the cost in this item
could be cut down about $4,000 though a
the expense OF the looks OF the building
The bids are said to have run we'll towar
$4,000. The building will be six storie
high and 1872 feet square.
The annual picnic OF the Real Estat
exchange will be held Thursday at MissouI
Valley, Ia, and every member who ca
get away from the city is preparing to 20
They figure Omaha will be a dull tow
anyway, with the grocers ana butchers o.
on their picnic. and everybody else wishin
they didn't have to work. One train wi
leave for Missouri Valley at 1850 in tn
morning over the Northwestern and ar
other at 80 over the same road. Z
arH q d baxK H,aa
to Missouri Valley TO make arrangement
for the picnic. and they found a par
there. with shady grove and good bas
ball grounds. which has been offered I
them free OF charge. The real estate me
Of Missouri Valley welcomed them, an
said they would be glad to do what the
could for the entertainment of the me
from Omaha. Their offer to match a ba
team against team from the Oman
exchange was promptly accepted. Fac
man will take his own lunch to the picni
hHlg Ia UaW,afNN