Richmond Palladium (Daily), Volume 34, Number 77, 24 January 1909 — Page 10

PAGE TEX.

THE RICHMOND PAIXADIUM AND SUN-TELEGRAM, SUNDAY, JANUARY 24, 1909.

BUSINESS GOOD III 1908 DESPITE THE DEPRESS!

Notwithstanding the Panic of The Past Year Local Real Estate Transactions Equaled Those of 1907. MOT MANY MORTGAGES WERE ALLOWED LAPSE

Looks Like Old Fashioned Prices Would Prevail This Year and Already There Is Considerable Building.

During the year just closed the real state business in this city has held lip to that of 1907. In this particular it Is somewhat remarkable as by many it had been expected , that values 'would decrease. It was but a natural supposition to think that many men owning; mortgaged property would have been induced to drop their claims owing to the fact that many of them were without work for a short time at least. Such did not prove to be the case and John Peltz, of the firm of Ball & Peltz, real estate dealers, is authority for the assertion prospects for the current year are brighter than have been noticed at the beginning of any recent year. Old Fashioned Prices. It looks like the old fashioned prices will prevail in Richmond real estate this year.' There is quite a little building at this time and indications are- that there will be a great deal more as soon as the weather opens up. It is fully expected that the city will ye more building during the spring months than . it has for many years. This building will be general throughout all sections. The west side, south end and east end seem to be the most preferred just at' present. An impetus to building in the north part of the city will be given by the Riverdale Improvement association. Trade Opportunities. This spring will see many offers to trade city property for small farm Bites situated for easy access to the city. Here is a growing disposition on the part of a number of local property owners to, make an attempt at life in the coutnry. Dealers have many requests to secure property of this kind. Property is moving rapidly now and trading now gives prospects of a real-for-sure rush a few months later.

City bowling alley, 22 N. 9th ; 22-tf

It Costs Very Little to Hake

none Pleasant and Boose Keep

In j a Joy.

Dust pans. . . . . . ... .5c Irons. . . . .25c and up

CHEAP DOT MODERN HOMES ARE NEEDED

Real Estate Is on the Boom in Richmond and People Are Moving to the City. RESIDENCE COST IS SMALL

CONVENIENT HOMES CAN BE ERECTED AT NOMINAL COST AND HOUSES CAN BE RENTED AT REASONABLE FIGURES.

"What is needed in, this city more than anything else is a number of residence properties that will prove convenient, have many of the modern improvements and at the same time demand a rental of only about $10 or $12 per month," said Theodore Woodhurst, one of the leading real estate dealers of the city yesterday. Mr. Woodhurst went on to say that just at present real estate has taken a boom in this city. More people have moved in and more contemplate coming. Every day, local real estate dealers receive letters from outside the city asking as to houses to rent here. Richmond to Be Center. Indications now are that there will be more people come to Richmond this spring than have at any season for many years In the past. The local factories have shown their stability. The managed to run through the recent financial difficulties with but a

brief shut down or in some instances

none at all. This fact counts strong with the laboring nen and they seek

for their home a city which oifers

such conditions in its factories. Several of the local manufacturing concerns contemplate additions to their forces this spring and this will mean additional families in the city. These will have to, have homes and at present the real estate men say there would be trouble in accommodating them. Small Homes Cheap. A small residence of six rooms can be, erected at only a nominal cost. Such a house will rent for $12 per month and need never be vacant. It is the kind of house that is needed and must be provided if the property owners wish to meet the demand and at the same time help toward the growth ofthe city. Real estate in Richmond is regarded as a splendid investment.

CITY STATISTICS

Deaths and Funerals. WELCH The funeral of James C. Welch will be held at 10 o'clock Monday morning instead of at 9 o'clock as announced. It will be held at St. Mary's church. Friends may call any time to view the remains of Mrs. Mary E. Lawrence, Sheridan street s Sunday afternoon.

Dont Get a Divorce. A western judge granted a divorce on account of ill-temper and bad breath. Dr. King's New Life Pills would have prevented it. They cure

ConstiDation. causing bad breath and

Liver Trouble the ill-temper, dispel colds, banish headaches," conquer

chills. 25c at A. G. Luken & Co.

Coffee pots'. . . Granite wash pans

.. ..10, 15, 25c . ... 10c

6 quart granite bake pans with

handles. . .. " 10c

7 4QT.

6 quart granite kettles ,10c Tubs 50c and up

4 quart granite sauce pans.. . . .10c

100 piece dinner sets . . . .$5.00 and up

A few dimes make, the table radiant

and the housewife smile.

57 Varieties of Coal Only one wonderfland coal. We get the best all round Coal and stick to the one kind. You can be sure of the pick of the pick. Order early these winter days.

D. C. Bullerdick & Son 529 South 5th St Phone 1235.

HUM'S SttOFC,

We have another lot of that extra FINE SORGHUM

BEE MVE COFFEE BETTER THAN EVER BEE HIVE GROCERY CO.

COTTAGES AND BUNGALOWS ARE 111 GREAT DEMAND

Real Estate Men Assert the Demand for Such Buildings Is Very Great. LARGE HOUSE IDEA GONE

MODERN COTTAGES IN RICHMOND FITTED MODERNLY, CANNOT BE SECURED FOR LESS THAN $20 PER MONTH.

Small cottages of the unique pattern or bungalow stlye are very much In demand at the present time. Local real estate dealers say they are far from able to comply with the requests for residence properties of this style. Of course all of these cottages must be fitted up with modern conveniences. They must have electric lights, bath room, other conveniences, especially wide cozy verandas. Without these they would be dregs on the market. The days of the large bunglesome house for small families are number

ed. They are passing so rapidly that

the public prefers to abandon them and live in- flats to continuing residence in such structures. For the larger families, however, these houses will continue to remain in demand. A few small families occupy such places. This plan is one that tends to bring in a revenue that decreases the real cost or rental to the occupant.

The modern cottage fitted up in first class style can not be rented for less than about $20 per month, according

to J. Fd Moore, a local dealer in real estate. There is a growing demand for such places of abode and the man who owns several lots and wishes a quick return for his money could make no better investment. At the present time the most offers are to pay $12 or $15 per month for such properties. The realty men say this is out of the question and if people want this style of house they will have to pay for it.

It is expected that a number of

houses of this type will bo built the coming spring. With the increase in the number of small families has come the call that will have to be answered. The cottage affords a neat, cozy place

of living and one that the renter ap

preciates.

(T

Brave Fire Laddies

often receive severe burns, putting out fires, then use Bucklen's Arnica Salve and forget them. It soon drives out pain. For Burns, Scalds, Wounds, Cuts and Bruises its earth's greatest healer. Quickly cures Skin Eruptions, Old Sores, Boils, Ulcers, Felons; best Pile cure made. Relief is instant. 25c at A. G. Luken & Co.

PROBATION OFFICER

In Madison County May Dis

continue This Office as Being Unnecessary.

WAYNE COUNTY NEEDS ONE

BUSIES AJU1MI9

in JaniaiFy IPre-Iiweitoiry Clearance CiIiie $ lays Tis really worth your while to investigate. Hundreds took advantage today.

Read tlfliese MemnifflirkaiMc Oflfieffnmiffls:

10 pieces Priestly's Wool Novelties, worth $1.00, $1.25, only, per yard 59c 10 pieces 50c Wool Suitings, light and dark novelties, yard 19c 50c White Madras Waistings, only, yard 25c 75c Black Guaranteed Taffeta Silks, 27-inch, per yard 50c $1.25 Black Guaranteed Taffeta Silk, yd. wide, per yard 95c 10 pieces 2 yards wide Bleached German Table Linen, sold regular at $1.00, only, per yard.. 79c 15c Linen Finished Bleached Huck Toweels, 3 for 25c 25 pieces Unbleaeched All Linen Crash, yard 5c 15 pieces Bleached All Linen 10c Crash, only, yd. 71c 12c and 15c Oriental and Floral Silkolines, yard tic Fine Val. Laces, worth to 10c yard, only, yard.. 5c All Linen Laces, worth to 10c yard, only, yard.. 5c 23c Heavy Unbleached 9-4 Sheeting, yard 18c 10c Extra Fine Bleached Cambric Muslin, yard.. 71c Yard wide Madras Shirting, yard I Oc Taffeta Ribbons, Nos. 60, 80, 100, regular 25c and 30c values, yard 15c Dresden Ribbons, worth to 50c, only, yard 15c

Children's Underwear, Drawers, Pants, Shirts and Union Suits, worth to 50c, while they last 1 5c Ladies' Underwear, Pants and Shirts, worth 25c, 35c and 50c, while they last 1 5c One lot Ladies' part wool and all wool Undergarments, worth $1.00 to $2.00, to close 40c One lot Men's Wool Shirts, worth $1.00, to close. 4Qc Men's 50c Heavy Fleeced Shirts, while they last 1 5c $1.00 yard wide and 27-inch Colorede Taffeta Silks, only, yard 49c 75c 19-inch Colored Taffeta Silks at only, yard, 29c JOc Cotton Cluny Laces, only, yard 5c All 15c Fleeced Goods, to close up, yard 10c 15c and 18c Fine White Goods at only, yard 10c All Comforts and Blankets go at Reduced Prices. One lot regular $1.75 Comforts go at SI. 35 One lot regular $2.50 Comforts go at . $1.90 Extra Special. 25 pieces fiae iaported While Dress Swisses Newest spring styles, just the thing for confirmation or graduation dresses, worth from 50c to $1.00 per yard, so giving our customers the benefit of this remarkable purchase, beginning tomorrow they go at, per yard 39c

Just a few pointers by which you cam jjudge the magnificent values offered throughout' the store. Come tomorrow.

EJEIE

IBo

MIS

BMJM,

Twenty Millions Per Year Estimated That This Amount of Money Is Buried in the United States Every Twelve Months.

Chicago, Jan. 23 Twenty million dollars a year is the cost of the "buried talents" in the United States, the money locked in safe deposit boxes, buried, hidden in old stockings, under floors, and in other out-of-the-way places. That is what hoardings cost the American people in 190S, according to official figures as to the amount that is now out of circulation, out of useful employment, drawing no interest, aiding no industry and benefiting no one. This in addition to the amount of money destroyed each year

by the forgetfulness of persons who bury or hide treasure as a measure of safety. Half a billion dollars is the value of the buried talents of the United States according to investigation made by the federal government, the conclusions of which recently were made public by Postmaster Gcr'.aral Meyer in his notable article in the Woman's World on the subject of postal savings banks. Even at the rate propos

ed for postal depository savings, 2 per

cent., the idleness of the$500,00O,O00

costs its possessors $10,OfK,000, a sum equal to the entire public debt of the United States in 1S.TO, and almost as much as th government spends annually in maintenance of the Indians. However, money is counted worth in business not less than 4 per cent and very few securities, particularly In the west, earn less than 4 per cent. The basis of the computation of the $20,000,000 annual loss caused by the safety deposit sort of security was that rate. In t he industrial world money and the very money that Is now hoardedis worth more than 4 per cent. The money panic of 1907 never would have happened if the buried talents of $500,000,000 had been in circulation, according to financial authorities. The chief reason for the hoardings has been the fear of the banks, although the net amount lost annually

1

in recent years in bank failures

less than the amount which the tdli

ness of money cost the public, mac

less. The total loss to creditors of

solvent banks In 43 years has beep

only 33.1S3.203 or $T71.Ti per yea . The losses during the panic year I 1804 were $4,473,528. The different s between $2O.00f.tMM and the a vera; annual loss is the net loss to the publc at figures so conservative that the actual cost of burying the talents Is not expressed. Hoarding Is a deed rebuked in the Bible and generally condemnedthough evidently It Is being done on a great, though lessening scale.

Relieves tour stomach, palpitation of the heart. Digests what you eat. PALLADIUM WANT ADS. PAY.

Because of the official records that are made, it is probable Madison county will abandon its probation of

ficer in the juvenile court. It is charg

ed that often a childish, prank on the part of a youngster is reported against him. He is taken into court and a record made of his probation. It is claimed this will work an injury to the child's reputation in after life. Madison county might do well to follow the lead of Wayne in this respect. Children are referred to the juvenile court of Judge Fox, but if they are not found to be serious offenders they are lectured and no record made. If prospects are that the child eventually will go to a reform school, his name is placed on the books.

NOTICE MASONS.

Members of Richmond Lodge No.

196 F. & A. M. and other Masons in good standing are requested to meet at the lodge room, 8:30 a. m., Monday, January 25, to attend the funeral of Bro. Stephen M. Scull. Cars provided. O. K. KARNS. W. M.

NOTICE.

During the invoicing of the stock of the Humpe Shoe Store, customers of A. J. Ford, repairman will please bring work to rear entrance. South Eighth street 23-4t

Chief Justice Shaw, of Massachusetts, one of the greatest lawyers of his time, was the plain, practical man, and looked in his old age, as he sat on the bench, somewhat like a Chinese idol, he used frequently to cut off Mr. Choate's eloquence by calling him back to the plain facts. At a bar dinner Choate was called upon to toast the chief justice, and what he said was this: "We regard our chief justice as the heathen as regards his idoL We know that he is ngly, but we feel that he is great."

There Is a luncheon dish which calls for fried apples and onions served with bacon. The apples are sliced round without peeling, and the peeled onion Is added, thinly sliced. These are fried together. The bacon Is fried

Lto a crisp brown and served with the

YUD ClfflANCe dbf January Sale

Right now we must dispose of all our former stock in order to make room for Spring Goods. Everything must go and at prices way below regular. Here is your chance to get goods at a price that will amaze you. There's money in it for you.

Connie airodl - - Be Coimviiimc(2(El

A special drive in Couches and Davenports. Big values at $5.45, $8.90, $11.00 and upward.

Ingrain Carpets, Rugs, Mattings, at a fraction of their value.

BUY A QUALITY MATTRESS $16.00 Mattress $1100 J 12.50 Mattress 1O50

$10.50 Mattress

YOU'RE ALWAYS WELCOME.

January Qearancc IMIEY9

Corner 9lh & Main St.

FOE -

SALS.

C