can we use loading to div with background image code example

Example: css div background image loading

if (settings.appear) {
    var elements_left = elements.length;
    settings.appear.call(self, elements_left, settings);
}
var loadImgUri;
if($self.data("background"))
    loadImgUri = $self.data("background");
else
    loadImgUri  = $self.data(settings.data_attribute);

$("<img />")
    .bind("load", function() {
        $self
            .hide();
        if($self.data("background")){
            $self.css('backgroundImage', 'url('+$self.data("background")+')');
        }else
            $self.attr("src", $self.data(settings.data_attribute))

        $self[settings.effect](settings.effect_speed);

        self.loaded = true;

        /* Remove image from array so it is not looped next time. */
        var temp = $.grep(elements, function(element) {
            return !element.loaded;
        });
        elements = $(temp);

        if (settings.load) {
            var elements_left = elements.length;
            settings.load.call(self, elements_left, settings);
        }
    })
    .attr("src", loadImgUri );
}