The Montgomery advertiser., 1908-09-01

to be broken. but the information is as yet a secret.
 Other sales of note in the residence districts were those of V. H. Hanson, who sold sI3.000 home on South Court Street. the $10,000 Stokes home, also on Court Street; the Wilcox place on South Lawrence Street. valued at ss.000, and the stuart residence on Hull Street which brought SS,500.
 All about the residence district im- provements are being made. the trend in architecture of few years ago to- ward the much advertised style of Northern suburban home, giving way to the far more acceptable and home like semi-eoloniai and the Moorish ef- feet. adopted by the Spaniards in 1890. later seen in Mexico and California. and commonly misnamed as mission. " But the aim seems to be anything but the prim begabled and unnecessar- fly cut up New England ideal, and all the city Is grateful for the awaken Ing.
 In suburban property the i've can build your home for $1,7s9 Con paper) but 1t will cost you s3.000 before you are through" style still holds common sway, and because some one started the style. like sheep, the new home seekers follow suit, redeeming the raucous jar of the individual house by the uniform whole, and after all, indi- eating prosperity, new populaee, the advancement of those who have for long huddled in the poorer quarter, in other words, prosperity.
 The vacant property In the subur- ban districts is being sold In lots rap- idly, the cheapness of the land be- cause of its raw condition, and the chance to get a bargain, attracting many. Possibly the most noted trans action In suburban real estate Is that of the Cloverdale Company to the Clo- verdale Homes Company for s55,000: other figuratively large transactions were: The sale of ten acres adjoin- ing the Country Club for s11,50O: and twenty lots in Ciltherall plat between Fielder and Clanton Streets to Messrs. Haas and Well for $16.000.
 The easy payment plan of buying suburban property has become more than popular lately. especially among the salaried men of the city and bus mess in this branch of real estate has been unusually active. It is said that more salaried people are buying homes now in the suburbs than ever before, and each month sees the num- Der of home seekers and purchasers increasing.
 Rural real estate just now is beyond the ken of the real estate man. The owners of farms each believe that un- der his truck or cotton Is either a min- eral deposit, oil, or something of the sort. and until they know what they have. it is useless to suggest a sale to them. Besides the farm property Is paying well and they can afford to wait.
 River Property Booming.
 Property along the course of the riv- CT. because of the advent of the new steamship company. and the re1uvena- tion of old lines. is literally Jumping: and land beside the course of the Ala bama is now more precious than fine gold. The easy transportation from farms on comparatively hign lands, eliminating the dependence on rail- ways, has vastly enhanced the value of this farm land in the alluvial plains because of the cheapness of transpor- tation.
 Compared with reports of real es- tate men in other cities, and the known decline elsewhere in the value of land Montgomery stands out in the debris of the panic conspicuous because her real estate was too firmly imbedded in worth for its values to be washed away by the flood of falsely inflated values that formed the nucleus of the flood tide of the recent panic.