Omaha Daily Bee Newspaper, December 14, 1890, Page 28

SMBER 14, 1800—THIRTY-TWO PAGES. SHOLBS & HAMILTON. Rooms 211, 212 and 213, First national tank. Snoles & Hamilton aro undoubt- edly doing the most relinb'e and largest insurance busiuess in the city. In sup- port of this statement we have but to stato that they represent ten of the larg- ost fire insurance companies in the world. The Liverpool and London and Globe: Tondo) and Lancashire, Insurance com- pany of North America, Northern As- sura’ ce company of London, Orient of Hartford, Providence, Washington in- surase company, Rhode Island, Un- derwriters association insurance com- pany of state of Pennsylvania and Amer- fean suroty company. Theso companies represent millions of dollars in capital, and are considered the best and most suceessful fire and tornado’ insurance compun’es in existence. The long resi- dence 1 business experience of Sholes & Hamilton in Omaha entitles them to the entire confidence of the public. Their business methods are most satis- factory. B, J. KENDALL, B. J. Kendall, formerly of Saratoga Springs, N. Y., is_now one of Omaha’s money loaners. Ho is ulso doing o real estate business, buying and selling for and othe He is the owner of a fine block on South Sixteenth street, which yields a handsome revenue, and also several other choice pieces of real estato, His office is room 506, Brown building. In addition to his other busi- ness his great love of fine horses has led him into breeding the most popular strains of standard bred horses. He therefore purchased the Stillwater stock farm, sixteen miles north of Omaha, four blocks from the depot at Fort Calhoun, where ean be found for sale some of the finest light harness horses and Shetland jonios to bo found anywhere in the west. Tere also they make a specialty of win- toring or summering horses for city cus- tom The farm is complete and fivst- class in all its appointments, J. B. EVANS. Tor a thorough acquaintance with Omuha property and its value, for fair dealing and reliability, for an extensive list of business, residence and suburban s property, J. B. Evans of 808 N. suilding, ranks second to no real estate agent in the city Having the sole agency, not only for a number of the best additions in the city, but for much other choice property, buyers will beat fault if they do not examine his property before investing. £ ge line of property in best local- ity, close to business center, on terms that will enable the small capitalist to secure a home or a paying investment. An extensive line of choice acreage 1n small tracts, suitable for subdivision, on hand. ¢ TRINGER & PENNY, The coming year will be a memorable one in the history of our city; everyth points to activity and higher pric the renl estate market. Our certainly sell more during th than we have in the whole of the four years we have been in busine We have several sales almost consumated to arties who will erect brick warehouses, husiness blocks and, tenement houses for their own use and for rental. We have buyers for well improved property leased for long terms at a lower return on the investment than hitherto re- quired. We act entirely as brokersin renl estate and loans and solicit corre- ![)omlmu‘ch'cm all partics in Omaha and elsewhere, STRINGER & PENNY, Barker Block, Omaha, Neb, PERSONS & BERRY. For the past five years the realty mar- ket in South Omaha has been steadily advancing and the accumulating profits thereon has beon the solo cause of pro- ducing a big demand for real estate in that city. A majority of the most profit- able sales have been made through the efforts of . J. Persons of the firm of Persons & Berry, and it is with pride that the senior member of this firm points to his past record. The junior member has devoted most of his timo to building up the other branches of business ropresented by them, compris- ing insurance, management of property and loans. The following insurance companies aro represented by them, to- wit: The AStna, Germania, Niagara, St. Paul, Providence, Washington and Se- curity of New Haven, Conn, Their rapidly increasing buiiness testifies as to the perfect confidence their patrons lace in them, and the firm thanks them or it nnd will always endeavor to merit such confidence. MUIR & GAYLORD, This firm, which has grown to be one of the solid and reliable firms of the city, has during tho rf“m year moved its office to the ground flcor of THE BEE building, Farnam street side. They now have one of the most complete and elegant offices in the city. Inall de- partments of their business—real estate. mortgage loans and insuranco—shey are stronger than everand better than ever repared to satisfy those who have deal- ngs with them. To their insnrance de- partment they have added a strong surety bond company. Their faith in Omaha has been shown by large invest- ments in their own behalf. While ag- gressive. th; are at the same time con- sorvative and of wide experience. We commend this firm to all who may have business to do in any of their depart- ments as in all respects trustworthy and reliable. n firm will s one yeur RINGER & BRADLEY have for sale or exchange a large num- ber of choice propertics which are of- fered af bargain prices, and in many cases owners will exchange, In business and choice inside residence property we have some fine investments, Also, over two hundred good Nebraska and Iowa farms and ranches to exchange for city property and assume encumbrance and will pay some cash if necessary. We can obtain deals from $500 up to $200,000 on residence, business and trackage lots, or acrenge. 'We solicit eorrespondence with non-residents who have property here or elsewhere they wili sell or ex- change, and with all who are ina situa- tion to make investments if shown the advantages of Omaha realty, To such we can show some particularly promis- ing ventures. We furnish bank refer- ence. Ringer & Bradley, real estate, loan and rontal agency, 1519 Farnam street, Omaha. G. L. GREEN, Omaha, Neb,, room 38, Barker block, dealerin real estate,barginsin all parts of the city, making a specialty of the best business an res- idence proverty investments and loans made. Reforences: Any business man or banker in the city having lived here for twenty years, Was con- |mected with the Omaha postoffice for more than thirteen years. For the past five years have been in the real estate business. . JOHM H. M'INTOSH. In the real estate and loan interests of Omaha John H. McIntosh isa prominent factor. The gentleman has always been identificd with the leading enterprises of the city and his business methods have ever been of the most honorable icharacter. Mr. .with the Ames real estate company, 1507 ‘Farnam street. All business submitted to him will be promptly attended to. £ For Sale—Cloice acre property at the ~ity limits; electric cars running vear _his property at the present time. 60 acres on Ames avenue, ~ 20 acres near the Belt line. 1 15 aore frult farm near Ames avenue. | { | MecIntosh has offices | Two 10 acro tracts, Benson addition. 5 neres Solomon's addition. 200 acres near South Omaha. 10 ncres in Kensington. C. M. POwER, fole agent, Chamber of Commerce, 1. F. SWEESY, . | Mr, J, F. Sweesy, the well known | Omaha financier room 35 conducts a large busi- discounts, He has offices at 214 and 215 New York Life building. Mr. Sweesy is ono of the oldest real estato men in the city, and has probably developed as much Omaha property as any dealer in the west. Swe ‘s addition, on part of which the handsome Creighton college building is situated, contains undoubtedly some of the most excellent residenc arty in Omaba, The addi those secking convenient tions, together with a desirable neigh- borhood, and at reasonable figures. Mr, Sw s facilities for investing for- eign capital are exceptionally fine. Those having business relations with lim, have the advantage of his reputa- tion for reliability. MALMG & LOVOREN, The real estate, rental, lonn and in- surance firm of Malmgren & Lovgren, is too well known for reliability and [\vrnmplm'ss to require o lengthy notice. Mr. Malmgren is from St. Paul, Neb., where he was engaged for ten years in real estate business. Mr. Lovgren 'n_a resident of Omaha for ten years and during that time has been ac- lively engaged in the r The gentlemen do a general business i ne but devote their attention principally to inside property. The firm s entitled to the confidence of those who desire to transact a legitimate business. The firm has an office at 14, Barker block, telophone 487, CRARY & CRARY, In Omaha’s financial circles the firm of Crary & Crary, real estate and loan brokers, is well known, It is composed of Nathan N, and William H. Crary, who have resided in Omaha continually during the past twenty-six years and are consequently thoroughly = acquainted. The firm was regul: y ostablished May 1, 1887, since which time the membe: have been instrumental in negotiat- ing many real estato transfors of importance. Desirable inside and suburban property can always be found on the list of this firm. They have ex- ceptionally fine eastern connections and are in a position to place loans at an ad- vantage. Both of the firm are members of the Omaha real estate exchange. Their offices are at 206 New York Life building. | ness in real estate, loans and | 1 D. V.'SHOLES CO., Loans, investments and real estate, This firm has had a successful expe ence of thirteen years in placing first class loans, buying and selling property and handling all kinds of real estate. There is no company in Omuha who has been more active and at the same time given such satisfaction to its patrons all 0 the country with its prompt and upright methods of doing business, 1t is known generally that they do an en- ormous annual business in placing mort- gage loans and buying and selling realty in Omaha and that they have a large list of thomost desirable property. They also care for property for non-residents, col- lect rents and do a strictly real estate, mortgage, loan and investment business. Correspondence is solicited from all points. Reference, First National bank of Omaha, R. F. NIX. Always ready for a trade. Real estate and merchandise exchange Lands, houses and lots in every part of the country for sale or exchange or bought and sold. Merchandise of every variety for sale or exchange. Loans négotinted. Special attention given to non-resident property. Rents collected, the real estate, loan and exchange business trans- acted satisfactorily and promptly in every detail. Office, 619 Paxton block. Mr. O. R. Nelson, the well known land agent whose office is at 606 S. 10th street, has for many years been identified with the interesss of this state, and been very instrumental in locating & large number of our most successful German and Scan- dinavian settlements in east and central Nebraska, in which parts of the state he still offers for sale some 60,000 acres of he most fertile lands, ranging in price -om $8 to $15 per acre on five to ten cars’ credit. . At these prices he also has for sale the best and chenpest irri- gated landsin Colorado with an abun- dance of never failing water. These lands are located near Garland, in the famous San Luis valley, known for its fine climate, and as farming by irriga- tion is “the farming that pays” these lands aro selling fast. Having resided in Omaha the last eighteen years he is equally well posted with regurd to location and prices of Omaha real estate, and his list” contains some of the choirest bargains. He will in all cases cheerfully give his customers the benefit of his experience. Iusurance.' THE HOME FIRE INSURANCE COMPANY of Omaha was organized in 1884, and has done a large and successful business, having written $600,000.60 in J)romiuum, and paid over twelve hundred losses to the people of Nebraska. The company’s success has been admired and its honor- able record in fair and courteous dealing with its patrons has made it well an favorably known throughout the state. The Home Fire now has $300,000 in as- sets, and is the largest, strongest and best state company in Nebraska. Every dollar of the capital of the Home Fire [nsurance company is held by re- sponsible citizens of Nebraska, and each officer of the company has $10,000 or more invested in the company, and the value of the private property ‘of all the stockholders is over $5,000,000.00. Nebraska people appreciate a good thing when they see it. This is proven by the way in which the business of the New England Mutual Life insurance corapany hasgrown since they entered the state for business two and oune-half years ago. Besides being the oldest line company in the country it has always had the reputation among business men of being very economically and consorvatively managed, paying liberal distributions of surplus annually. An examination of their contract shows plainly another reason for its opularity, viz: The high cash surren- gm‘ and paid-up values which the Massa- chusetts law compels them to endorse on every policy, making it cashable any year for the assured’s equity, if he chooses to discontinue. Their Nebraska manager, Mr, W. J. Fischer, reports business 50 per cent ahead of 1 CE—NATURAL PREMIUM S, LEV PREMIUM PLANS. The natural premium system provides for current and future mortuary pay- ments of death losses and actual expen- ses, The level premium does the same, plus excessive charges for the creation of a reserve. Natural premium com- nies charge from $2.40 to 8 per housand insurance in force for any ago, upon the equitable [)rlnchml that it costs no more to write policies for middle aged or old men than for younger men. Cost at age thirty on natural premium plan, $11.42 per $1,000and divided, stands $2.40 for expenses and 89,02 for mortuary elo- ment. Level premium cost same age $22.70 and divided, stands $6.49 for ex- penses, $8.08 movtuary and 88.18 for ro- l sorve. Age fifty-flve, natural premium | rato per 1,000 would be #80.62 and di- vidod, stands $240 for expenses and 82822 for mortuary element, Level premium charges same age, $59.91 and | divided stands for expefises $17.22. mor- | tuary $17.38, reserve $25.81, o the disparngement in level premium caleula. tions. The man aged filty-five is made to contribute $17.22 for expenses while the muan aged thirty contributes only $6.40. The reserve clement, level pr mium or old line companies nssert essential to perpetuity and will be needed to pay for increasing mortuavy losses, In 1886 o table was prepared embr: a periodof thirty-seven years of thirteen | old line companic During this period | war, epidemics and all. other emergen- | cies wera experienced which could tend to offect our mortality and yet the ratio did not materially increase. The ratio of the then oldest thirt level pre- mium companies did not coed $13.24 per $1,000 insurance in force, the high- st 816,85, the lowost $10,46 and the av- o $13.64. If this essive reservo aceded 10 poy to policy holders, why is it that while in some of the level pre- mium companies this reserve continues to inerease notwithstanding their moc- tality largely decreased. Want of space udes our making any further anal- s of this subject, but if any reader do- more light on this important mat- you are invited to eall in person or adaress G, ¢, Lambert, 619 Paxton block, Omaha, N who will deliver or mail free a treatise upon both plans, and every insurable man whether now in- sured or not should post himself on this very important subject. THE PAXTON & VIE IRON WORKS, The Paxton & Vierling iron works is one of the largest and most rapidly growing industries in Omaha, Organ- d_February, 1886, with a capital of $£50,000, the company was unable to meet the demands of trade, with additional facilities, and the capital stock has been increased from time to time to $125,000. 1n 1886 60 men were empls in 1890, 250, Business hos — increased 400 per cent in five years. The works aro conveniently locited between the Union Pacific and B, & M. tracks, fronting on Seventeenth street. The original real state plant has been twice enlarged by purchase, and the works now cover an area of nearly four acres extending from Seventeenth ™ to Nineteenth stree During the last two years large impro ments have been made. Offico build- ings, foundry and machine shops have been erected, much labor saving machin- ery cpurchased, and now there is ‘no such complete plant in the we With improved machinery and increased faci- lities 250 men have, during 1890, turned out more work than 825 could under the former system. The corporation manu- factures all kinds of architectural and other iron work for fire-proof, brick and stone buildings, iron store fronts, gird- ers, boams, sidewalk lights, bridge work, general foundry work and car castings, heavy forgings, Owing 1o superiority of appliances and a large patronage the compuny is pre- pared to turn out perfect work, on time, and at lowest living prices. During 1800 the volume of business done has reached $400,000. A large quantity of this work has been furnished in the city, but or- ders have been filled all over Nebraska, Towa, Colorado, the Dakotas, Wyoming and Utah, and the company has paid for freight during 1590 §55,000. Like maay other Omaha institutions, this csrporation owes its existence in a large mensure to the push and enter- rise of Hon. W, A. Paxton. There has een 1o change in management since 8886. The directors were thon, as now, ‘W. A. Paxton, Rohert Vierling, Louis Vierling, A. J. Vierling and J. L. Kan- nedo. Officers: W. A. Paxton, presi- dent; Robert Vierling, vice president; Souis Vierling, secretary and treasurer, and A. J. Vierling, manager, OMAMA SHOT AND LEAD WORKS. The Omaha Shot and Lead Works of Omaha were established in 1880 under the firm name of Northwestern Shot and Lead company. Last September the or- ganization was incorporated under the Illinois law as_a branch of the Ameri- can Shot and Lead Company. The works are situated on Seventeenth street, between Mason and the Union Pacific railroad tracks. The company’s lant is entirvely of brick and is being nereased in caps niy. The territory of the company extends west to Ogden’and east to Chicago and St. Louis, The central locavion of the plant especially adapts it to furnishing the trade of the northwest.. They manufacture shot, lead pipe, sheet lead, ete: Their busi- ness has increased enormously during the past year. OMAHA VITRIFIED PAVING BRICK AND TILE COMPANY, Among the tnterprising institutions of Omaha, the Omaha vitrified paving brick and tile company are in the lead. As indicated by their corporate title, the firm are manufacturers of and dealers in vitrified paving brick, tiling and build- ors’ supplies of every deseription. The company has acquired a gen- eral reputation for turning out a very superior uality of goods. They handle enly the best arti- cles in their line and are reliable in every respect. The honest methods of the compuny have resulted in_building up an enormous business, both in Omaha and throughout the adjucent territory. All orders promptly filled. The com- pany have offices at 401 Bee building. WELSHANS & GIBSON, William S. J. Welshans and J. S, Gib- son composeathe above firm, dealers in building material specialties; with office at room 2064, New York Life building. They are also agents for: St. Louis and Kansas City hydraulic brick, build- ing and ornamental terra cotta, Hart- man & Durstine sliding blinds, Albany improvek Venetian blinds, ornamental parquet hard wood floors, wire work, iron fences, lawn ornaments, fire proof- ing, plaster oups, brackets, centres, ete., Swoezey’s dumb wairers, iron stable fix- tures, mortar colors and other special- ties. WILLOW SPRINGS DISTILLERY. The Willow Springs distillery is the third largest in America, The buildings are substantially erected and cover an areu of oight acres. The diptillery did a business in 1890 of $3,800,0 and paid in salaries $03,360. Taxes were paid the government on the product amounting $2,880,000. Four thousand cattle were fed, 700,512 bushels of ‘fmin mashed, and 4,000 tons of hay used. The coal con- sumption was 144,000 tons and 45,600 barvels were used. One hundred and twenty-five men aveemployed atthe dis- tillery. The distillery is operated and con- trolled by the Distilling and Cattle Foeding Compuny of Peoria, 11, P, E. Tler is the resident. manager and princi- pal owner, and Mr. Heory Suessenbach acting manager, The vectifying firm of Iler & Co., which is connected with the Willow Springs Distillery company, has $500,000 invested in the enterprise and oceupies extensive premises on Harney street, where they also carry on a large whole- sale liquor establishment. The product of the house ranks among the best. They are sole owners of the celebratod brand of Golden Sheaf, Sour Mash, Bourbon and pure rye whiskeys, dis- tilled for them by the Willow Springs distillery. They are also manufacturers of Ken- nedy’s East Tndia Bitters, one of the best known remedies for nearly all diseasos L resulting from sedentary habits. OFFERS ~ OPPORTNUNITIES FOR MANUFACTURERS, JOBBERS AND | INVESTORS | Not Excelled By Any Other Western City. . Seventy-two miles of Paved Streets, Fifty miles of Paved Alleys, Eighty-fivemiles of Sewers Nine and a half miles of Cable Railroad, Fifty-two miles of Eelectric Railroad, Thirty-six miles of Horse Car Road, Nine hundred miles of Telepone Lines, Sixteen hundred Tele- phones in use. OMAHA HAS The Largest Smelting Works in the World. The Largest Newspaper Building in America. The Third Largest Packing Business in the United States. Eight Daily Newspapers. = Thirteen Weekly Newspapers. Three Elegant Theaters. A Coliseum Building; capacity 18,000 people. The Finest Natatorium in the West, Five Beautiful Parks. It has the largest Linseed Oil Works in America. . Ithasa Jobbing Trade amounting to over Sixty-three Mil- lions of Dollars in 1890, and although. fourteen new houses were added during the year, making the total number three hundred, there is room for more in almost every line of business. OMAHA §tands on a solid foundation of substantial resources, constitut™ ing natural causes for her marvelous growth, TRIBUTARY TERRITORY. POPULATION. Coloyado, 1 Wyoming, Utah, foeer Nevada, J Western Jowa...ocuee von South Dakota......... Northern Kansas. ... L e S BRI PO A A D “es0e.1,350,000 525,000 300, 000 300,000 500,000 200,000 AHA REAL ESTATE Incr*eiasesinValueYear’ by YearastheCity Irhproves TRANSFERS, 1890, $19,831,000. u ai OMHAA Is the headquarters. for several great railroad systems, employing thousands of men; is the largest jobbing center in territory embraced in Nebraska, Kansas, Iowa, Dakota, Wyoming, Utah, Colorado, Idaho and Nevada. It has the third largest distillery in the world. It is the third largest packing center in the United St t