Arkansas Democrat from Little Rock, Arkansas • Page 9

THE ARKANSAS DEMOCRAT WEDNESDAY EVENING. JULY 7, 1920. Mistrial News AUTO COMPANY PLANS NE.WHOME Another rge three-story building to be occupied by a local automobile concern ia now being plauuod, according to a weli-fouuded rumor being circulated on automobile row. The exact locution of the new building has not been giveu out but the loeatiou is said to be one ot the -nost attractive in the retail business district, Announcement of the construction of the building will probably be given out within the next two or three weeks, or as soon as the deal for the site can be arranged. REALTOR DISCUSSES For Sale SPLENDID BRICK WAREHOUSE BUILDING One-story, 18-foot ceiling, solid concrete foundations 13-inch walls; size 75x80 feet located on two lots on Rock Island switch.

A great big bargain for a quick sale." American Bank of Commerce Trust Company PUGH BUILDING BEING RUSHED The concrete striictnril work on the new building, of the II. ti. Hugh I'rlut-ing Company just north of Fifth and Malu streets, is nearly completed and it is probable Unit the tiuinliiug of the buildiug will he started within the next week or 111 days. When completed this building will be oue ot the iiuest on Maiu street au to Je occupied exclusively the Pugh company. ELKSELECT AN ARKANSAN Chicago, July f.

Officers were eltvl-ed yesterday by the tinier of Klks in convention here, William Abbott of Sau Francisco was chosen grand exalted ruler and the convention voted to retain P. llrenuau of lleuison, as grand treasurer. The new Hoard of Gram), Trustees named includes Uivrge 1, Hogers, Ark. lu his speech accepting the post of grunt) putltrd ruler, Mr. Abbott said is my intention In keep the Ainer-icau (lag flying front every Klk home iu the country ns a warning to all who, lean to ltolslityini, anarchism ur overthrow of the country I hat they can go so fur and no further." Mr.

McCoy Gives Study, of Population Gains Since 1860. Br M. K. M'OOY. Secretary fealty Burma Ths report bj the United Statrs Census Bureau giving Little Rock 64.907 population for 102O ssainst 4S.M1 for 1910 or, ia round number, inereass of 20,000 during the ten-jetr period, is very gratifying to every "'resident of the Tell of gen Third and Main Streets.

Phone Main 9000. Most Attractive Bungalows Ever Offered in Little Rock By Any Realty Agency Through ci Daily between North, Little Rock and Jonesboro, Paragould and Maiden. Effective July 10, 1920, the Cotton Belt Route will establish through sleeping car service between North Little Rock and Jonesboro, Para-gould and Maiden on trains 437-4 and 3-438. Sleeper will leave North Little Rock daily at 5:30 p. Sleeping car accommodations and tickets at Cotton Belt Ticket Office, North Little Rock, Ark.

528,000 IS PAID FOR CAFE BUILDING Sam Breier Purchases Arata Property, on West Markham Street. Ram Hreler, proprietor of Breier's rate, 124 West Markham street, haa just purchased the building in which his restaurant is located, from M. Arata. The consideration was 128,000. The building is 2.1 by 140 feet, and two stories in height.

It is said to be one of the best constructed buildings in the downtown district. The lower floor Is occupied ly the restaurant and the second floor is used aa npnrtmrnta by Mr. and Mrs. Breier. The sale of thia property to Mr.

Breier adds one more to the long list of permanent business enterprises that have become the owners of the property they occupy or who have acquired permanent sites for permanent buainesa buildings. For several yeara the Little Rock real estate bureau has emphasised the desirability wisdom of such purchases, believing that home ownership ia as good 'for any perma-nejit-buiness aa it is for an Individ- START WORK ON BAKERY BUILDING Brick 'work on the new addition to the Rose City bakery at Fourteenth and Main streets has been started and the walls of the firRt story will now go up rapidly. The addition t. tje plant will be two stories high, the lower floor to be occupied by the bakery company and the ieond floor ia to be converted Into ansrtments. i BUNGALOWS ARE NEARLY READY The four new bungalows recently started by Henry W.

Ornnpnrr, local realty operator snd builder, are rapidly nearing completion and will probably -'jbe-Tresdy for occupancy in the next two or three weeks. market during the past ciuiit years which- should not be overlooked is Its remarkable freedom from speculative influence. The period has been notable for its constructive work. There lias been a constant and steady filling-in process going on throughout both the business and residence districts, of the latter the more accessible and desirable in particular. On the 'highway is where we reckon Hewitt Tire mileage not.

over the adjustment SOUTHERN TIRE RUBBER CO. "The House of Service" rhone M. th Loulalsna Sts. Modern in Every Respect Splendid Views-High Elevation. eral interest to the whole state.

In point of numberg the increase urine the 10 Teara Just pait i greater than that of any other 10-year period iu the city a history. In point percentaite of increaae the greatest growth Little Knck haa bad waa between the -years 1880 and 18T0, when it waa approximately 400 per cent The amallest percentage of any 10-year period waa betwene 180 and 1880, when the increaaa waa slightly leas than 10 per cent, A study of tie census figures since 1S0 and the 'relation the figures bear to the aacending or descending acala of real estate values ia rery interest- ing. For instance, the emails report 1860 shims a population of 8,727, that of 1870, 12,380, with rery much the largor portion of this increase accruing during the five years following the close of the civil war, and retult- ing In a very active and highly speculative real estate market) Several large additions were platted during this period, including, among others, Masonic, Rectortowu, Russell's and The depressed conditions following the panic, of 1873 are reflected in the census report of 1880 wjen only 13,138 could be accounted Air, or a net growth of 738 during the 10 years. During the next ten yeara On Ridgeway, the "Fifth Avenue" of Pulaski Heights, we have two beautiful bungalows of 5 and 6 rooms, and servants' quarters, furnace heat, laundry, attic and garage with each place; ground 75x140. Prices $10,500 aU $11,000.

Two bungalows on North Spruce street, in one block of car line; 5 and 6 rooms each built-in gas reflectors garage and servant's room with each place, Price reduced from $10,500 to $9,250 and from $10,000 to $9,000. we hava not yet fully recovered. While the latest figures do not show great a gain as some ot ua expected, they nevertheless show a very healthful increas during tie most trying period in oar history. Is no other past period haa the element of uncertainty been so potent a factor and during no other have we been called upon to solve greater problems or to a a a greater responsibilities. Through the first five yeara of the decade there waa continuous agitation and a divided public opinion over the question ot local prohibiten and all of ua remember the dire predictions that were made as to what would happen if the saloons were finally voted ont Just whea this agitation was at its height the Buropeaa war began and we very soon found ourselves face to face with a sure enough man-aiacd problem and for the first time Little Rock merchants and business men waked up to the fact that their own salvation as well as the salvation of the farmers of the state depended on growing something else on the farms of Arkansas besides cotton.

We saw tor the first time that it would be Jirofitable to have Arkansas try to eed The result was the and perpetuation of the Arkansas Profitable Fanning Bureau and the inauguration ot a work the possibilities of which can not even now be scarcely more than dreamed of. The long duration of the European war and finally our own entry into it brouicnt to us our greatest opportunity tor service, development and growth, and throiit-h sheer necessity we were quick to take advantage of it. The advance uat has taken place in the value ot real estate during this period, more particularly during the past three years, is very much different from that of previous years, in that the value of ground has remained practically stationary, while that of improvements has doubled and in some instances trebled. The value of grouud within the original city and in the more solidly built up additions ot the city has with few exceptons remained at practically the same values prevailing in 1910 or 1911, snd has not advanced in proportion either to the increased population or to that, of other things of use or value. In other decades the principal enhancement in firopnrty values has been due to the argely Increased ground value because in no other period has the replacement, cost of bnildings advanced so rapidly as to affect the value of existing improvements, In other words, heretofore it 'has been possible to build home or other structure st cost very little if any above the actual value that might be placed on an existing improvement after allowing for depreciation.

With these facts in mind it is inconceivable and this statement is made notwithstanding present contrary opinion that present property values should be adversely affected ex-jept as the cost of building becomes less. There can be no doubt but that a substantial reduction in the cost of labor and material would be followed by an unprecedented building activity and a resultant large increase in the value of and demand for ground. This does not contemplate the demand w'jich might arise because of further increase in population, but merely to take care of existing shortage of homes and business buildings. Another phase of the real estate The Lumber That Leaves This Yard can be counted on to do its full duty. There will be no planks with soft spots or great knots, no crooked grain stuff that cannot be worked up.

We calculate that as you pay us good money it is up to us to furnish good lumber. And we do every time. Choice Pulaski Heights Property FORSALE a recovery was made with renewed activity In all lines, including real easy tate, with population increasing to 874 in 1800 or 100 per cent. Reac-W -lion-again serin in 1802. lasting throurh to 1807.

which reduced the We have some Ideal building lots "on the Heights'' that are. offered at reason 1514 and 1520 Hanger street, East Side; two bungalows with east front and one of the highest points in the city; -one block car line and high class neighborhood owner anxious to leave the city in the next few days and has decided to put the price of $7,500 on each of these homes. The houses have five rootns and glassed-in sleeping pordhes and large can be easily converted into -two fine rooms. Large front and back porches, solid founda-. tions, and several closets and everything that goes to make a home first class.

Garage with each place. able price. This property comprlsra that of the I'l'IiANKI 1IKK.H1S LAND 40. and MOUNTAIN I'AKK LAND O. of the II.

I'. Auten wlate, for which our president, Mr. W. la executor. May our Real Estl Department show, you these, lots todayT Peoples Savings Bank W.

K. LKNON. President 134 Main Street percentage of increase of the 1900 census as compared with the previous one-fifty per cent, the ficures for that year, including North Little Rock, being 38.307. The pendulum i swnng again during the next ten years (1900 to 1910) and the population of the two cities increased to 67.138, or a net increase of more um 7,000 over that of the preceding ten years. The period from 1900 to 1910, or rather to stands out above ail others in point of real estate activi ties, and particularly with reference to the character of buying that dominat ed the market.

There has been nothing to compare with it in previous years. Addition after addition was platted and the lots gold out to speculative buyers on time payments. Under high pressure selling and high-powered appeal and the inclination on the part of everyone to speculate rather tian develop, values in many in- stances, and particularly with reference to the newly platted lots, were forced to the highest possible levels. From the evils of this period of overselling or selling over-capitalised lots, You will have to see these bungalows to appreciate them. All have tile baths and were built for homes of real comfort and convenience.

These improvements could not be reproduced today for the price we are asking for the entire property. We willbe glad to show these homes at any time. Immediate possession. Some are finished and others will be ready within ono week. Main Street Lot for Sale! We offer for quick sale this lot in 1200 block on Main street.Someone is going to.

get a bargain. You HAVE to Save American Bank Third and Main Commercial Trust: Go. (Formerly Lasker-Morris Hank and Trust Co.) Fourth and Main Streets. Phone Main 2250. After Office Hours, Main 3506.

M. J. Sullivan, Mgr. Real Estate Department. Joe Sullivan, Salesman.

SALESMEN REAL ESTATE ALWAYS A GOOD INVESTMENT And Realtor Further Says That Now Is the Time to Buy. "Real estate ia now and always baa been a good Investment," said M. Sullivan, manager ot the real estate department of the Commercial Trust Company. "And this 'act ia partial- lnrlv in Little RoCK. I do 0t believe that the person who Invests bis money, In city property, vncoi or improved, will ever lose a dollar on hii invo.tmrnt.

In fart there is every reason to believe that the purchaser will enjoy a fair return on bis moner. I.liil. n.v-lc Is a irowins city and will show a greater increase in population in the next decade tnan nas oeen noi ed in the ten years just past. "I believe that the prf-ent value of Little Rock property is fair and reasonable and the person who buys at the prloot -today will never ire ret his purchase. Inject, now is the time to buy a home or make as Investment in some kind of Little Rock property.

This is also true of farming and timber lands in this vicinity. "With indications for a good crop there is' every evidence of a prosperous year for every class of business, and as prosperity comes some part of th money ncauired should be put into a good Investment, and I believe that Investment should be real estate. It Is not necessary to have big payment to make down on real estate pur-chasf there are many homes and lots thot can be bought on very reasonable terms. And as long ns few dollors will start a man towards owning his home, there is no reason (or him in delaying his purchase any longer. Buy now now ia the time." CHURCH ADDITION WELL UNDER WAY The new addition to the First Presbyterian church at Eighth and Soott streets is now well under way snd it is the purpose of the contractors to rush the work rapidly as posiblo.

The addition is in reality the north wing of the building as originally planned, construction of which was held up about the time the United Stntes entered the war. When the construction work is completed the First Presbyterian church will lie one of the finest edifices in the South. of Commerce Phone M. 9000 rC. H.

Mason W'm. I. Johnson MAIN 5272 Co. the Building Stock Way "Riivitig money by this plan, you are "obligated to put away so niui'h per mouth. Itut should you need financial assistance, we run give It.

You make 1(1 per cent on your money, save when ynu might not and become associated with leading men of the city. July series now starting. Our Class A (One of Several) You poy $20 per month for 4.1 months. You then have at your disposal having made a profit of $140 for this short time. Isn't this an easy way to make money to wive it? Make your first payment today.

Citizens Building Loan Assn. R. W. POKTKK, Secretary Phone Main 4117:1 317 Gazette Itldg. LUMBER FOR SALE Ten acres and six-room bnngalow, located seven miles out Twelfth street pike.

Fine place for poultry, fruit, and part of tract suitable for gardening. Property has been held for $4,500, but on account of owner wanting to leave immediately wiU reduce this price and sell st big bargain. Improvements alone would cost much more than property will be sold for. Southern Trust Co. I.

HOIjMAN, Manager Real Estate Department Now Is the Logical Time to Buy a Home J. S. KIMBRO LUMBER CO. O. O.

WHEELIS, Manager East 15tb and Bock Island R. R. Phone Main 128 Manufacturers and Dealers LUMBER, MILL WORK, SASH, DOORS AND BUILDING MATERIAL- M. K. McCoy D.

L. Sadler What would you consider lumber bargains? Just boards of some kind obtained at a price which gave you an unfair value for your money Or beautifully finished material in a completed Home of comfort and safety, a Home of satisfaction, a Home of pride and happiness Let us show you our modem pictures and plans and all details of built-in conveniences of this kind of a completed home. You also may use our architect. Phone Main 3661. David Russell Lumber Company liuilding Material Plus Helpful Service.

East Sixth and Parker Streets. Xlt -Vv W.Ja'st it BARGAIN How's the During the beautiful summer days is the fry -gvT PHONE Second Street HIGH CLASS LOTS IN South End Residence Section Being, Sold by Union and Mercantile Trust Go. 1 These lots are being sold to the right people for homes. These lots are located right for the right kind of homes. These lots can be had at the right price and on the right terms.

You may buy a choice inside or corner lot either east or west frontage. Your Jot should enhance in value for it is adjacent to Little Rock's oldest and best improved residence district the South Broadway, Arch and Ganies street sectionj-r You can do no better for your family and yourself than invest in one "6f these beautiful lots. Every convenience: fine view; on car line; within about ten minutes of Fifth and Main streets. 1 4 The price of lots on Ringo from. 25th street to 29th" street is $1,350.00 for inside lots and $1,500.00 for corner lots.

Terms: $50.00 cash and balance payable $25.00 per month per lot. Mr. E. E. Moor.e is special salesman from our office on this property.

Phone him after office hours at Woodjawn 995, or call this office, Main 1247. O. W. McCASKILL, Real Estate Officer NO. 3315 HIGH STREET A well located, modern home.

First Floor Reception hall, living room, dining room, butler's pantry, kitchen, kitchen pantry, large screened-in back porch, hardwood floors. Second Floor Four bedrooms, large closets, tile bath, large sleeping porch. This home is newly painted and redecorated. Has solid granite foundation and porch columns with large concrete porch on front and' extending side. Nice garage' and servant's room.

Concrete driveway; more than full lot. Shady lawn. 21TII AND BATTERY STREETS A beautiful five-room modern cottage, large sleeping porch; hardwood floors throughout. Lot, 50x160. This is an attractive 'cottage- home, located near Mltefrell school only one block of 15th street car line.

NO. 3700 WEST 14TH STREET Substantial four-room modern cottage Corner lot one block of Highland car line; two blocks of 'Robert E. Lee School. Price, $2,600.00, EIGHTY-ACRE FARM Located north of city on Batesville pike; substantial six-room residence two-stpry barn and other outbuildings two wells about 70' afres under fence about 60 acres in cultivation this year the rent goes with the place if sold before August 1st. Price only $3,000.00.

Terms if desired. J. A. Gurley Compainy First Floor A. O.

U. W. Bldg. Phone Mini 1523. best and most: convenient time to have your painting and decorating work attended to.

Our products are only those of Quality and Endurance -7- yet very ECONOMICAL and; our EXPERIENCE from being actively engaged in this line'of work for a number of years qualifies us well to take care of your wishes. up' Let us give you the results you would have! PACE HALL Painters and Decorators 216 Louisiana St. Phone Main 4391 ion and -Mercantile Trust 201-203 West.