The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-01-25

US for sale at $3,700, and in forty
eight hours We got this price from a
Kansas City man. The house if moved
off would bring probably. $500. A
month or two later we sold the north
west corner of Seventh and Topeka
avenue for $3.50. There are three
lots here with very old buildings. The
lots sold this property.
I'm the last five years there are
very few lots in Topeka that have not
doubled in value, so if you want to
share in the prosperity of Topeka,
our advice is. buy Topeka lots.'
Merry Game Went On
For the last half score of years,
Topeka real estate interests have en-
joyed a remarkable development said
G. M Cottrell. Indeed, something al
ways has been doing in this line, but
formerly the number of dealers was
much more limited. Many of you can
remember when the principal dealers
could be numbered on the fingers of
one hand-anyway on the fingers of
both hands. The list stood something
like this: Bartholomew, Collins. Barnes,
Gillett, Forbes, Benedict, Torrington.
Noble and perhaps a few others; but
with the impetus of these later years,
as the noise of our more rapid expan-
s1on-the creaking and swapping caused
by the bursting of our swaddling clothes
was heard over the state and beyond,
new blood, or bloods, came pouring in,
OF dropped DOWN from mere ana there
and everywhere, until we awoke, and
found an army engaged in selling To-
peka real estate, laying off new addi-
tionS, building houses and making
things fly generally. Besides this reg
ular army there was the curbstoner,
the clerks in the stores and Santa Fe
offices, and almost any one else that
had a little money-aH taking fling
at the real estate market. And it was
no gamble either. Almost anybody
with good horse sense, who was careful
and discriminating in buying could do
so with pretty good assurance OIL
making profit.
And SO the merry game went on,
everybody happy, and everybody MAX
ing money Addition after addition
was laid off. After Orchard Place,
came Westlawn. When Mr. Lyle
had built half dozen, or dozen new
big all modern high priced houses, we
began to say that he better look out,
he would glut the market, and there
could not be enough high-priced buyers
to pick up so many expensive houses
But the work went merrily on. Then
came the Melrose Addition, and College
Place, and Elmhurst, and Garfield Park
Place, and Pinehurst, yes and Lake
wood besides the building up OF nearly
all of the vacant places in the inner ana
older part of the city,
Land Men Talk.
A.
1906, a party agreed to take 716 Kansas
avenue at $4,000. The next morning
he cut his bid 81 ,000 Three months Ia
ter the property was sold to the pres
ent owner, r. ]. LOOMS, for Sl3,ooo:
Mr.. Loomis inside of 20 months refused
the sum of $4,000 for the property"
w. W. Webb stated that five years
ago the corner on which the Prudential
Trust company is located-Seventh
street and Kansas avenue-was pur-
chased for $4,000. Today $4,000 is
wanted for the property. He stated
that George ". Stansfield, who owns
property adjacent to the Prudential
corner, could get almost double what
he paid for it but a short time ago.
"A property on the corner of Tenth
and Topeka avenues said George
Clearinghouse, sold about five years
ago for less than $4,000 Within the
last six months our firm offered nearly
$4,000 for the same, and it was re-
fused
Walter Thompson Speaks.
There are two classes of people in
habiting this terrestrial GLOBE said
Walter Thompson. For purposes of
classification we will call them the
pessimistic and the optimistic. These
words are self-explanato tory; you have
heard them so often used that to dwell
on the meaning would be perfectly
usiess, yet 1 will say the pessimist is
an insufferable bore. His skies are al
ways overcast We meet him in all
the avenues of life. We cannot ex-
cept the ranks of the real estate
dealers. 1t takes all kinds of people
to make a world-even a real estate
pessimist may be found. The vocal
song he sings is most unmusical and
nerve narrowing. Well, I'll be ding
donged (not the exact words used)
this here old town is going to the
bow-wows. Times are dull. Kansas
City is too close and Topeka has no
future. My real estate talents all
lack opportunity of exploitati ton here