davidaulloa/AmericanStories huggingface dataset:
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-03-28

Easter Monday ball. Old a avn r
March %, 3t3-2s
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-03-28

Would the parties who took my seven
wheelbarrows from, back of city
hall please return them and avoid
trouble. Geo. E. Kreatz. 1928
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-03-28

Miss Mary Warfield' will leave to-
night for Mr.. Carroll, ILL.,, where she
is attending the Francis Sinner aca-
denny. She has been spending her
Easter vacation with her parents,
Mr.. and Mrs. c.. w. Warfeld.
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-03-28

Miss Lillian Daydodge of Becida
was Saturday visitor in Bemidj;.
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-03-28

Clarence Newman - of Saltwater
was a Bemidji visitor yesterday:
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-03-28

Mr.. and Mrs. Oliver G. Whaley re-
turned Sunday morning from the
Twin Cities where they have spent
the past week on a combined bust
ness and pleasure trip. -: T. a.
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-03-28

w. c. Klein, district manager of
the Mutual Life Insurance company,
returned Sunday morning from
Crookston, Fargo and other points
where he has spent the past few days
on business connected with his CON-
pany.
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-03-28

Miss Minnie Huntosh left Friday
for St. Cloud to spend a month Wis
iting her sister Martha.
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-03-28

I. P. Lambeck of Swift was Sat-
urcsy business visitor in the city.
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-03-28

If you want a real feed, come to
the ham and egg supper at the Pres
byterian church Tuesday evening
from : to 8. 2t3-2S
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-03-28

G. G. Easton of iEKaAihesrryd#asv a
Sunday visitor in Bemidji = III
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-03-28

You have a right to expect to buy
footwear cheaper at our store, be-
cause you buy at wholesale prices.
Consumers Shoe Co. s3-23tf
The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-03-28

Percales sc inches wide, also ging-
hams at Is cents a. yard, at Tropp-
mans Bargain Basement. 1899
New-York tribune., 1921-06-05
Pershing Square Building
Facade Up 10 City
Henry Mandel Wants No Set
back in 23-Story Front Fac
ing on Park Avenue

Henry Mandel will start the con-
struction of the Pershing Square
Building, on the east side of the Park
Avenue block front between Forty-first
and Forty-second streets. soon after
June 28. On that day the Board of
Appeal, the supreme court in building
matters in this city, will approve or
disapprove his plans for twenty
three-story building without set
back.
Plans for the building were filed
some time ago, but could not be ac-
cepted by the Building Department.
under the broad ruling Of the building
heights regulations. This permitted
Mr.. Mandel to appeal to the higher
building court from the decision of the
Building superintendent, which appeal
will be heard the end of this month
Mr.. Mandel has good grounds for
asking for a building without set
backs. Park Avenue is wide at that
point and to the north IS the Grand
Central station, permanent low build
ing covering several blocks of prop
erty. Several buildings have been
erected recently without setbacks be-
cause of neighborhood conditions SINH
lar to those at Park Avenue and Forty
second Street
New-York tribune., 1921-06-05
Moderate Priced Country
Resort for Westchester
LOCO Acres Near Croton Lakes
Acquired TO Carry Out Plans
of Late Jacob LangeIoth

An endowed resort for people Of
moderate means IS to be built near
the Croton Reservoir in Westchester
County. 1t is the idea of the late
Jacob Langeloth.
Plans have been completed by Delano
e. Aldrich and Charles H. Higgins for
group of buildings at the head of a
lake, with a main building in the CEN
ter and cottages on each side. There
will be accommodations for 5000
guests. with tennis courts, fishing,
boating and the other features of a
modern country hotel or club.
The board of trustees includes Henry
Bruere, Julian B. Beatty and the former
Mrs. Jacob Langeloth.
The resort will be built on a tract
of 1000 acres, of wooded, meadow and
farm land. To the east are the lakes
of the Croton watershed.
Construction viii begin soon, giving
employment to many hundreds of car
penters and other workmen now out
of employment, and will go steadily
forward.
New-York tribune., 1921-06-05
Looking West on East fremont Ave-
toward Eastern Boulevard

Neck waterfrontage are to be obtained.
ana the lots are we'll suited to improve
ment with bungalows, all-year single
and two-family houses and 'walk-up'
flats.
Judged by the number of plans
MED, and the actual construction work
begun, since | sold the Coster and
Bruce Brown estates, there is distinct
trend of population to this gloriously
endowed and naturally attractive sec
tion of the East Bronx, where all the
benefits of tax exemption for ten
years are to be derived by lot buyers
who begin building before April /, 1922,
and where frame houses may be erect
ed outside of the fire limits.
This property presents rare COM
bination of city waterfront and sub
urban features, all within easy reach of
the Westehester Avenue {five-cent
fare) subway
Because of the fact that these lots
are to be sold for whatever they may
bring, this is a splendid opportunity
for distressed rent payers to buy few
lots, at their own price, and to become
their own landlords by building a bun
galow or permanent all-year home"
New-York tribune., 1921-06-05
Why Gov. Miller Refused
To Sign License Bill
Did Not Think 1t Would Accom-.
plish Aims; Too Far Reach
ing. He Thought

Governor Miller objected to the
measure for licensing real estate brok-
ers because he did not think the bill
would accomplish what was expected
of it. The Governor seems to be in
sympathy with the purpose of the
McWhinney bill. Governor Miller said
in vetoing the bill:
with certain minor exceptions it
would be unlawful under this bill to
employ any one, anywhere in the state,
to sell p piece of real estate unless he
had license from the State Tax Com
mission. I very much doubt that this
measure will prevent the evils at which
it is said to be aimed. Assuming that
1T might tend to curtail improper prac-
tees, the bill should be confined in it's
application to the more populous GEN.
ters where these evils are said to exist"
Those who favor the licensing of
brokers and the regulation of the
realty business should note the objec-
tions set forth by the Governor
New-York tribune., 1921-06-05

Here are some of the reasons why
prices cannot go any. lower: First,
consider land value, which in West
chester averages about Is per cent of
the cost of the house, Land never
went up-there has been no imitation
in the price of land in Westchester
County since 1907. We certainly can
not expect land values to 60 below this
point. When the building boom comes,
as surely it must, land will most GER
tainly go up. Therefore, we have sim
ply the house to consider in the pos
sble reduction. lnasmuch as the price
of the ready built house must alwavs
adapt itself to the cost of duplica. i.
tion, we come right down to the cost
of building, which is the key to the
whole thing.
Gradual Rise in Cost
Ever since I can remember there has
been gradual rise from year to wear
in the cost Of building. | remember
when we built an eight-room house
sixteen years ago for $4,000 We were
told that we were foolish because
building was so high. People were
waiting for the cost of building to
come down long before the war oc-
Cured. The war and the aftermath
naturally inflated building prices, and
labor was extremely unproductive but
now things are quite different. Every
iaborer is doing a full days work, and
IN Westchester County the building
trades are just about to settle the
wage question for at least a period of
two years, thereby eliminating any
possibility in a further drop in this
item, which is by far the largest in the
cost of constructing the country home,
The prices of building materials
have become stabilized. Lumber NAV be
bought. at the source for almost pre-
war prices, and some grades even lower
than pre-war prices. Other materials
plumbing supplies, electrical equip
ment, etc.-show no definite trend
downward. AS a matter of fact, as
soon as the wave of building really
starts, the prices on these materials
are likely to go higher than they are
at present with the demand lacking.
Therefore, with the price of land
firm, labor stabilized and materials at
normal, how can we expect to build
any cheaper for several years at least :?
Really, the only possible loophole for
a downward trend is in the price of
and as this is a small factor
IN an average suburban home, it is
certainly. not worth waiting for, mean
New-York tribune., 1921-06-05

the institution which will occupy it,
both in finance and real estate.
The company has occupied the street
floor of the Chamber of Commerce for
the last fifteen years. The headouar-
ters of the company have been made
quate for several years. The company
expects business to be greater than
ever before because of the housing
shortage which will have to be relieve d
and the general expansion of the real
estate business which is presaged by
the development of new sections This
Will require a business home such as
the company has started on Nassau
Street.
The building will cover about 5000
square feet. The first story will be of
granite and the upper stories lime
stone. The doors and grillwork will
be OF massive bronze and the steps of
marble. On the main story will be a
magnificent banking room, forty feet
high and circular in form The ap-
proach will be a flight of steps of
monumental character from the cor
ner of the building leading into a cir
cular space designed for the use Of
customers and surrounded by balus-
trade of Tavernell marble. Encircling
this space will be ten columns of simi,
lar marble.
Above the central circular space will
be rotunda, carried, up through the
roof of the building and surmounted
by glass, giving flood of natural
light into all parts of the banking
room: The walls of the banking room
VIII be of Italian Travertine Radiat-
ing from the central customers space
Will be the different departments
and, in the rear, rooms for the closing
OF mortgage transactions, telephone
swltchboards, etc.
A large directors room, space for the
record and bookkeeping departments
ana freproof rooms for documents will
be located on the third floor.
The ground floor will have plate glass
store fronts, both on Nassau Street
and Maiden Lane, suitable either for
banking or insurance purposes.
New-York tribune., 1921-06-05
zealty Market News and Comment of City and SUBJ
w aitng for Great Reversal i'm Suburban Real
Estate Hoax That Will Prove Costly to Manv

of morning after"---we will not. buy
anything. We suddenly wake up to
the fact that we are poor business
men and we swear we will never do it
again. Then period of inacton fol-
lows. when no one buys, and every
thing is comparatively cheap, and we
wait and wait until things begin to
skyrocket again and then go out and
repeat the process. A psychologist
may explain this by mob psychology"
DO not know the explanation, but
know 1t happens and know the re-
suits.
To-day's Prices Are to Remain
am constantly in touch with people
who really want to buy homes, and
they all advance the same argument
for waiting. They say they will not
puy now because prices are coming
down. If they could only be convinced
that they are down as far as they will
ever go they would buy. wish | could
convey the real sincerity and convic-
tion that have In my own mind when
say that prices are not going down
any further than they are to-day on
Westchester County rea! estate. BY
"to-day's. prices" l mean the prices
that are being paid now for Westches-
WI oNh'y PioPci ricoy HOI lnOSo you
may have heard about or any particu-
lar property, which may be actually
inflated. | mean that the average price
at which homes are being bought this
week is not going to be any lower next
month or next year than it is to-day.
Our organization was the first and
only one that admitted in Decemb ber.
1920, that "prices had broken" | wrote
an advertisement with the foregoing as
a heading and I'll never forget it, be-
cause agents and property owners crit
cized us strongly for saying such
thing. But we believed it and we con-
tinued to say it, and prices did break
from the peak of last year, and any
owner who expects to get the same
price to-day as he could have got
last year will be disappointed. Now
want to say with the same emphasis
and conviction that prices are not ro
ing any lower. If could only drive this
home to all those people who are wait
ing and start them buying or building
their own homes I am sure that I
would make real friend of every one
of them and I would feel that | had
done real human service. The best
proof of what I am saying is that I
have bought lot at White Plains and
! am building house for myself--and
haven't any money to throw away.
New-York tribune., 1921-06-05
Unqua Point Taken
For Development
WithCountryH
Interesting Property Jut-
ting Into Great South
Bay Bought by Samuel
Eichen From mJones Family

Hundreds of acres of land at Massa-
pequa, in Nassau County, have nassed
from the ownership of the FLOYD Jones
family, in whom it has rested since
1858, into the hands of newcomers from
the city, who find the territory within
easy committing distance of New York
and appropriate for villa purposes.
Owned Originally by Major Thomas
Jones, Colonial forbear of the Flovd-
Jones family, the change of more than
5000 acres to new hands is gradually
getting under way.
The latest parcel to pass from the
hands of this historic family is the
famous Unqua Point tract of several
nundred acres, jutting into Great
South Bay, and bounded on its east
and west sides, respectively, by Car
mans River and Massapequa River.
Tins is one of the most attractive
scenic spots along the south side and
abounds in variety of choice trees
and fine acreage. 1t extends from the
South Country Road to the bay. 1t
was long owned by the late John D..
Jones, who for forty years was presi-
Gent OF the Atlantic Mutual Insurance
Company, and whose wife was Floyd-
Jones. This extensive parcel was BART
OF the Jones country estate. From
three sides are marine views that are
unsurpassed along the South Shore.
1t is being developed along fine villa
lines by Samuel Eichen, who made the
tine home colonies at Beechhurst and
at bayslde, in Queens Borough. Unaua
Point has natural setting for subur-
ban home purposes on villa lines. Trees
abound on it and the prevailing south
west breezes sweep it,
New-York tribune., 1921-06-05
Turks Come Here for
Building Money

a. TURKISH builders, finding it diff
cult to secure money in Euro
pean capitals, have asked New York
real estate men to get them loan
of from 100000 to s50o,O00. The
money is to be used in reconstruct
ing several important locations in
the center of Constantinople.
Structures said to be centuries old
are to be removed and modern
huildings put up in their places if
the money is secured. Only meager
information bearing on the plans of
the Turkish promoters is known
here. The belief is that the inn
provement will mean the recon-
struction of much of the great city
of that corner of the world.
Prospects of getting financial
support here are not good, judging
from the difficulty encountered in
securing money fer New York oper-
ators.
New-York tribune., 1921-06-05

Another step in the transformation
of Nassau Street. in the vicinity of
Maiden Lane, from thoroughfare of
shops to banking section was taken
last week, when work was started pre-
pairing the northeast corner of Nassau
Street and Maiden Lane for the new
home of the Lawyers Mortgage Com
pany. Buildings on the block opposite
are now being removed to make way
for the Federal Reserve Bank Building,
which is to cover the entire square be- e.
tween Maiden Lane and Liberty Street
almost over to William Street.
The Lawyers Mortgage Company
Building will be ready next February.
1t is to be three stories high, of granite
and limestone, and of a design that
will harm onize with the big structure
which will serve as the headquarters
Of the Federal Reserve Bank of this
district. Renwick, &spinall & Tucker
have designed the building, having in
mind while doing so the importance of
New-York tribune., 1921-06-05
By A. w. L.ockyer
Secretaau. Prince C. Rinlea

secretary, Prince & Riplev
1t always has been said that real cs-
tate was the barometer of business.
When real estate is active everything
else IS active, and when real estate is
dull business in general is bad.
dont think much of this theory, be
cause the barometer Dies not act until
the storm breaks. In fact, / think
sometimes that it works backward, and
general business conditions are the
barometer OF the real estate market.
anyway, 1t is largely matter of your
own personal viewpoint, but it shows
ehat the two factions are pretty much
IN sympathy with each other.
~, property IS not selling readily in
Westchester County just now. In fact,
l doubt If there is any section of the
country where there is great deal of
activity. The same condition applies
TO selling automobiles, straw hats
STOCKS and bonds, or numerous other
commodities. | never have witnessed
the New York Stock Exchange was in
one of those dull, sluggish periods such
as 1T is going through at present. These
things lead ME to the conclusion that
the main reason why people are not
buying homes is because they cannot
afford to buy them or because the gem
eral conditions in their line Of business
are such that they are not sure what
investment they can afford to make or
how much they can afford to carry.
Cause of Buying Slump
High prices are not the cause of the
slump. The average prospective pur-
chaser uses this as his big argument
for waiting, but as a matter of fact
that is only surface reason, without
much weight behind it. High prices
never stopped the American public
from buying anything. Watch the
stocks go when they get up toward
the peak. Didn't we all buy automo-
biles when the sky was the limit? We
filled our wardrobe with clothing at
top-notch prices, and how the homes
did sell last year at the very peak of
the market. We don't care what things
cost If we have the money-and the
buying spirit.
This "buying spirit" is peculiar
thing. 1t affects the American people
ever so often, and then comes a re-
action. During this reaction-a sort
New-York tribune., 1921-06-05
House for 81 Families
Started lu Vest 55th ST.

julius Tishman & Sons, who have
erected many apartment houses and
commercial structures, have started
their first cooperative apartment prof.
ect. 1t is to be nine stories high and
Will cover a 100-foot frontage at 110
West Fifty-fifth Street. Fifty-four
suites of three and four rooms will
be provided in the structure. The first
floor will be laid out for the especial
use of physicians and the top floor
Will contain two apartments of the
studio type.
Each apartment will contain log
burning fireplace. The dining rooms
IN the four-room apartments are so
arranged that they may be converted,
New-York tribune., 1921-06-05
Mrs. ". TEL. Day Sells Fine
Estate tn TohaccO Man

Mrs. w. H. Day has sold her fine es-
tate on the Hommocks at Larchmont
through Edward C. Griffin g. p. H. Col
Inns TO julius Lichtenstein, president
of the American Sumatra Tobacco
Company of New York. The property
consists of a stucco dwelling with
about three acres, garden, fine trees,
with dock and float running out into
Larchmont Harbor. The property was
held at S150,000.
Prince & Ripley sold for Anita Feis-
ter her residence, 2 Concord Avenue,
in the Lester Hill section of White
Plains, to Bruce Ellison, Of this city.
The property was held at $4,000.
New-York tribune., 1921-06-05
lh0g Neck Ozvnery Ready TO Dispose Of 4u0tey Tct
In This Sectlon for Devel0pment Min Small Eomp
new Houses on the Coster Estate
oirecsiy opposite the lots to be sold

,nsslng sold the Coster and George
Te TIrss Brown estates, between East
sasas m9nt Avenue and Long Island
d. IN the Throg's Neck section of
p,s.a.st last Bronx, Joseph P. Day will
gVssa gSsssa to sell, by order of the Title
h sssntee s5lee and Trust Company, trus-
d.. no 10 lots on the opposite side of
sro,.I, fremont Avenue and extending
saSn1,gh to East 177th Street, between
nstS, and Philip avenues, almost di-
s,t,.s. opposite the Coster and Brown
ny. ss sale will be held on Saturday
sotb ~ the premises under a man.
~ tent, rain or shine.
a. sascfioneers Opinion of Lots
Il \. 'aese lots" said Mr.. Day yesterday,
" u ~ tne base of the triangle formed
srss. s,e Eastern Boulevard, East 177th
hos, s' ana East fremont Avenue, al |
stes AZ the very entrance to Throg's
s,,d winch begins at Eastern Boule-
lssmasV ~ winch point operates the East |
.snss.at Avenue trolley line, which
lssnnsts sT,sts directly with the Westchestcr
asenae extension of the Lexington
ss,,ssss subway, with station at
aestcr Square. In East 177th !
New-York tribune., 1921-06-05

while paying out high rents and living
in undesirable quarters.
Just word as to financing: The
scarcity of money and the high cost
OF procuring, it has unquestionably
been big factor in holding back new
building. Money is easier to get now
ana things are improving daily in this
line. There is no reason now why any
one cannot get conservative building
loan or first mortgage. Of course, it
IS necessary to have good portion
OF your investment in ready cash.
twenty-five per cent is absolutely nee
essary and about 40 per cent of the
total investment desirable. Banking
institutions, insurance companies and
other financial organizations have done
mucn to relieve this barrier to home
ownership.
People should remember that real
estate is very much different from
other commodities and that it is not
nearly so susceptible to fluctuations.
Real estate is basic. 1t is the back
bone of the country and the safest in
vestment in the world 1t is really
astonishing to me how quickly man
will invest SO 900 in motor car and
then hesitate about paying the same
amount for real piece of Mother
Earth because he's afraid the price
will go down.
Nothing For Rent
| have not said a word about the
supply and demand theory. Enough
has been said about this, and if any
one thinks that homes are over-pro-
duced let him look up statistics, or,
better. still, try to rent one out in
Westchester County. Waiting for "nor-
NAL conditions" is only hoax if you
are waiting for the time to come back
when you could rent nice new six or
eight-room house in a good West
chester suburb for $50 or SIS month,
or buy one for $4,000 or $4,000. When
these prices prevailed they were far
below "normap and the owner of the
rented house was getting about 9 per
cent on his investment and in some
cases losing money. We are just about
back to normal now and just as soon
as we realize this and start to make
ourselves comfortable we will improve
our own health and that of the coun-
trys business at the same time.
Many people are buying in West
chester-the really wise ones-picking
up bargains while the others are wait
ing, and some time later on those who
have waited will go out and pay a
profit to the man who is buying to-day.
New-York tribune., 1921-06-05
To Live at Dongan Hills

Davis & Davis sold residence with
attractive grounds at Dongan Hills,
5. L., for Mrs. Bangerter, to Charles
Dohren; improved realty at st. George
to P. j. Ryan and Charles E. Schuel-
Ter; a tax-exempt home at Pelton and
Henderson avenues, for the Dohrmann
Construction Company, to Captain
Bouchard, and a plot on Hoyt Avenue,
Tor a Mr.. Kiralfy, to a Mr.. Wheeler,
who will erect bungalow.
Cornelius G.. Kolf sold for Jose
phine Harper her dwelling at Dewey
and Miles avenues, Great Kills, to
Father Samuel Ludlow. of this city