The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1910-05-07
Sales Drop Slightly But Dealers
Are Optimistic.
PROPERTY GOING UP,
Neiswanger Cites Increase in
Values of Realty.
TOpekans Show Faith in Their
City by Purchases.
SUNDAY.

injured the market slightly. Pros
poets look good however, to the real
estate men and they are not worrying.
Contractors have not been able to push
exterior construction work to any ex-
tent during the past week, but they
have had more time to figure on new
propositions.
Building permits have taken a
slump, but people have been moving
into the city in the same steady
stream. During two weeks the local
transfer companies report that they
have handled the household goods of
II incoming families. Eight of these
were handled by the Topeka Transfer
company, among the number being
one family that hailed from Kansas
City and another from Pratt, Kansas.
This week the Atherton company
stated that r. S. Gordon, formerly of
Galveston, Tex, assistant general bag
gage agent, A. T. & S. f. moved to this
city. The Merchants Transfer COM
pany moved eight families in two
weeks.
Can Now Secure Skilled Labor.
Contractors state that there is not
the difficulty in getting skilled work
men that there was a year ago. Men
of this class have heard that things
were humming in Topeka and have
focked to the city from other portions
OF the country.
Also no trouble is being experienced
in getting building materials on the
ground from the manufacturers as was
the case last year.
Real estate men for the most part
are very much exercised over the pos
sibility of there being no new paving
contracts signed until after the first
of January, 1911. 1t will be bad for
the reputation of the city, they say.
THE business people want the paw
ing" said w H. Maxwell of the firm
of Maxwell e. Foltz, land then too
there are many places throughout the
city where the property owners want
the streets improved.
1T will hurt the city. Other cities
competing with Topeka for high class
homeseekers will point to the fact that
paving operations have ceased in To-
peka and will say the town is dead.
Then we have a great many labor
ing men who would be thrown out of
work-most of the cost of paving goes
into labor"
Neiswanger Talks.
Below is given the second of a Sc
| ries of interviews on the general topic
~Sif the advantages of investing in To-
p6hd real ESTATE. W. "A. NGlSMdHSeTS
opinion of the question follows:
I'm the first place Kansas is destin-
ed to become one of the great states
of the union; I mean that the state
will have a large population together
with it's vast resources which have UP
to the present time hardly been touch
ed upon. There is an endless amount
of material for making cement; there
are vast beds of salt and coal: TN
known quantities of coal and oil; and
10 Nd c0f1 IN,
world.
Topeka is built in such a way as to
command the admiration and respect
of everyone coming into the city. Its
people cannot be surpassed anywhere
their aims and ambitions are for bet
ter things, as manifested by our col
1eges and schools.
City Attracts Wealth.
This attracts men of wealth who are
coming from all sections of Kansas, and
likewise from almost every point of the
United States
The rapid growth of Topeka in a
substantial way is proving to all that
the city has just made a good start
and the increased value of property is
proven in hundreds Of instances by
the profits that are made by those who
have invested in the past several years
and have sold recently.
For example, one individual who pur-
chased $4,000 worth of lots in Elmhurst
a year ago is now turning them at such
prices as to show a net advance of
80 per cent. G. W. Swartz of Salome
Arizona, purchased from US three years
ago on College Hill 10 vacant lots, and
is able today to almost double his
money.
Kansas Avenue Property Booming.
kansas avenue property, between
Ninth and Tenth streets, has increased
In value as shown by an advance of
30 per cent in the past six months.
This increase will also apply to the
avenue in the vicinity of the postoffiee
que TO the new buildings which are be-
ing erected.
One example of the high esteem in
which Topeka property is held by To-
peka people was the purchase Of a
patch OF ground on Topeka avenue,