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St. Louis Post-Dispatch from St. Louis, Missouri • Page 23

Location:
St. Louis, Missouri
Issue Date:
Page:
23
Extracted Article Text (OCR)

condition as far "as "a street "car crossing Is loaning and investment bus fin ess In St. Louis TO FIGHT THE ALOE'S 415 BROW. IK OPERA CLASSES, $1.50. Wabash and McCausland avenues, to Dr. Thos.

S. Hawley, at $600. Fifty feet, north side of Winona, between Wabash and McCausland avenues, to E. A. Koerner, at $350, One hundred and fifty feet, north side of Bancroft, east of McCausland avenue, to William F.

Reuweller, at $900. One hundred feet, north side of Bancroft, between Wabash and JklcCausland avenues, to William F. Reuweller, at $600. Fifty feet, north side of Bancroft, between Wabash and McCausland avenues, to Joe Felchlin, at $350. R.

M. NOONAN. R. M. Noon an reports an Important sale closed Saturday.

It was a lot at the corner of Cabanne and Union avenues fronting llo feet on Cabanne by 200 on Union, from Job J. Reardon to the Maryland Realty Co- at $100 per front foot. This company will Improve the property with two handsome residences fronting on Cabanne. An offer of $200 per foot was made for this property some time ago if the boulevard restrictions could be gotten around but this could not be done. The same property was recently, sold to Mr.

Reardon by Noonan, who bought it from Dr King aa a home site, but changed" hto President P. C. Maffitt of the Missouri Railroad is negotiating with the joint owners with a view to securing sole control of the line. STREET RAILWAY CHANGES. People's to Be Operated by Electricity and -'tbe Arsenal "Road Extended.

President Charles Green of the People's Railway, the Fourth street, cable line, returned Saturday morning from Washington -and New York. 'Mr. Green has been East for the purpose of furnishing specifications and particulars to two -companies who wished to make bids on the construction of the road with the underground trolley system. Gen. WjM.

Doge, President of the com. pany, holding the patents on what is known as the Love system, was in St. Louis ten days ago and carefully inspected the Fourth street line. He stated just before his departure that the road could be equipped with the underground system without delaying the cable cars or tearing up the cable conduit. The other system, known as the Pauspad underground trolley, is in successful operation in several German cities.

Bids will be submitted inthe next ten days by both companies. Work will be commenced as soon as the contract is awarded and finished within sixty days, so that by March 1 the entire road from Tower Grove Park to Fourth and "Morgan streets will be in operation with the underground Gen. Dodge has guaranteed to Mr. Green that in case the Love system -is adopted It need not be paid for if it is not satisfactory in every respect. The work of reconstructing the Fourth Street and Arsenal Railway, as an electric line is progressing rapidly.

This line is a direct feeder for the Fourth street road and for the present will run from Second and Dorcas street on the south to Fourth and Chouteau avenue, and thence north over the People's Railway tracks to Fourth and Carr streets. As soon as the" change In the motive power of the Fourth Street line is completed important changes will be made. In the Fourth Street and Arsenal road. A franchise to extend Its tracks westward to Tower Grove Park where it will connect with the People's will be asked for. The proposed extension-Is hailed with de Prices Fear $100.00.

Leather. city, ana county. Any application for a. loan on real estate secured by flrfct deeds of trust will be made by our company. Our Instructions are to submit nothing 'but the best of security.

A small loan, if it is absolutely good, will receive the same ejotisideration as a larger one. 'X he maximum -amount loaned on improved real estate will be limited only to the extent that the security will be first-class and absolutely good in every particular. As an evidence of that, fact the New Ttork.LIfe made a loan during the past few months of $1,000,000 on the real estate and improvements of one company here which owis the most extensive plant of its character in the United State3. The security in the case mentioned represents a gross value of fully four times the amount of the loan and Is regarded as one of the safest ever maoe in St. Louis.

"The rate of Interest will be governed by the financial conditions of the country at the time the application is made, the duration of tne loan and character or improvements. St. Louis is regarded as solid financiailv. and its record during the panic of 1893 has attracted attention not only nationally, but throughout the world. Here, no clearinghouse certificates were Issued; no business failures occurred; no cessation of business existed and not SI of foreign or home caDi- tal was lost in boom enterprises.

Large lenders of money never fail to keep an eye upon localities Known ior conservatism ana solidity; hence, after we passed through the trying period of "93, the large moneylenders of the East were attracted to the field in St. Louis as a safe place for the investment of surplus capital. "The advent of the New York Life Insurance Company will have a most salutary effect upon St. Louis real estate. It enlarges the scope of the real estate business by permitting the real estate owner or agent to.

secure funds at a reasonable rate of interest for the development of anv legiti mate building enterprise. "It will be within our province to make Irwins throuerh other real estate agents ptt. aotly as if to principals direct. In this way the entire trade will be greatly benefited. As to the efrect 01 loaning this money on local canitalists, banks, trust oomniuiics will sav that the same that atmlies tn competition in any line of trade will apply to tne loamiiK inuncj, mere are many loans that our local lenders cannot make at the rate of interest which large borrowers are entitled to.

Therefore, instead of having to skirmish around the city for their money tney can tret 11 irom an institution Come Early and flake Your Selections. 10,000 Glasses to Select From. CHRISTMAS PRICES. Morocco covered Opera Glasses $1.50 and up Genuine Pearl Opera S2.50 and Up Aluminum Opera Glasses $4.00 and Up Gold and Silver Opera Glasses $10.00 and Up $1.50 to $35 OPERA GLASS $1.50 to $25 For Your Father, ilother. Grandfather, Orand-mother, Relatives or Friends, a pair of (feis nn ALOE'S SOLID COLD pSay.UU..

The recipient has the privilege of tested and fitted after Christinas, SKY SCRAPER BILL. Heal Estate Exchange Takes Action on Ivts' Ordinance. THE ARCHITECTS IN LINE. Eastern Capital Be Loaned in St Louis Important Street Railway Improvements Realty News. The fight made by the PosfcDlspasteh against passage of.

the bill limiting tKe hrfrt of buildings in St. Louis, to 125 fept has borne fruit. The Real Estate Exchange took up. the question at a meeting: held Friday afternoon and passed a resolution condemning the -proposed ordinance and ap- pointing a committee of five to appear be fore the Council Committee on Legislation next Tuesday and enter the protest of the Exchange against, the bill. The local chapter of the American Instt -tute of Architects will meet next Friday, in and from several members it is learned that a strong tight is to be made against it.

Architects are concerned, as their plans will be seriously interfered with if such restrictions are placed upon them.Many of them are now preparing designs for proposed structures that will exceed in height the limit of the ordinance. Artistically a majority of their number are of the opinion that a tall structure can be made as sightly and much more imposing than a building of only six or eight Stories. At the meeting of the Real Estate Exchange the discussion of ordinance introduced by Prof. Ives was brought up by James Carpenter. Mr.

carpenter discussed the Question from several -Stand points and summed up by saying that the ordinance would seriously injure the future development of the city. He requested that a committee of five "be appointed to- go before the Council Committee on Legislation to urge the committee to report the bill adversely. The discussion was continued by Charles J. Dunoeman, John. R.

Laughlin, A. Al. Everest. Kilgen. Judge John H.

Terry. Sam T. Rathell, Paul Jones, E. B. "Wolff and others, and on motion of John Laugh- iin a committee, consisting of Messrs.

as. M. Carpenter, A. O. Rule, L.

E. Anderson, L. H. Lohmeyer. and Leslie A.

Moffett. was appointed. The committee will appear before the Council committee Tuesday and present arguments against the passage of the ordinance. I After th appointment 05 this committee the regular business of the exchange was taken up. The meeting was aaaressea Dy ex-Stit'-t Commissioner M.

J. Murphy, who outlined the plan of Messrs. Isaac M. Mason and Web M. Samuel for the deepening of the channel of the Mississippi River be- tween St.

Louis and New Orleans. Maj. JIurphy, as a representative of the Merchant's Exchange, requested the co-operation of the Real Estate Exchange in getting Congress to sanction the project. On motion a committee of five was appointed to aid In furthering the plan. The committee consisted of Messrs.

Charles J. Dunner-man, John H. Terry, A. M. Everest, C.

F. A. Mueller and David E. Kaime. The purpose for which the meeting was called was to discuss President J.

T. Donovan's recommendation for the conduct of the exchange. The matter was then taken up, but an adjournment was taken to next Friday at 3 p. m. The Assistant Secretary was instructed to send copies of the address to all members.

A meeting of the Board of Directors of the exchange was held Saturday afternoon. The business transacted was of a routine I character. The books of the retiring board were examined and approved. The reslgna- tion of Assistant Secretary H. W.

Ewing, to take effect Feb. 1. was accepted. FIRE PROOF RESIDENCES. An Experiment With.

Them to Be Made in the West End. An experiment is about to be- made in the West End which will receive the careful attention of all property-owners, and particularly of those who contemplate the erection of fine dwtlling-houaes. It is the erection of two thoroughly fireproof residences. This is a move that has never been undertaken in St. Louis, or, for that matter, any part of this country.

As at present constructed, although considered good risks from an insurance basis, resi- tierces are in vc-ry great danger from fire. Their construction makes them inflam-able to a gh degree, and, in addition, they are frequently located at considerable distances from lire protection. When a fire breaks out in a weilirg-house it nearly always docs great damage. Chas. F.

Varney of Varney and Woolrych, architects, has recently purchased a lot froniirg 123 feet on Lindell boulevard by 213 feet on Taylor avenue. On this lot Mr. He fully real. zed the difficulty of persuading clients to undertpke what is as yet only an exper'ment. her.ee he will attempt It own his own property.

I The property will be divided into three parts. There will be two lots on Lindell boulevard, one at the corner of 58, the other of 65 feet, both to be 170 feet deep. The remaining 43 feet on Taylor avenue will be im-i proved with two adjoining ten-room resi- cer.ces to coki eacn. On the Linde! avenue lots, two fire-proof residences will be erected. Tnev will cost 1 between JiS.f) and $30,000 each.

They will be exteriorly of an attractive charac- ter, built of buff brick with gray 1 trimmings. Their novelty will be in the In-1 terior finish. Mr. Varney proposes to make them as thoroughly fire-proof as possible, having in view two objects. One is the I avoidance of fire risk and the other the freedom frcm the annoyance of warping and shrinkage unavoidable where wood is used.

No wood will enter into their construction, except for interior doors. The exterior dcors will be of bronze. The re. ceptiaji hall will have marble floors, halls and filings, which, with the bronze doors will lend a highly artistic appearance. Throughout the house the floors -iil all be of mosaic and carpets will be laid by the i use of strips around the edges, making their removal easy.

The stah-ways will all be of marble and the railings of bronze. The bath rooms win De unique. They will have marble walls, ceiling and floor, and the porcelain bath tubs will have their edges flush with the floor. The -construction or the buildings will be entirely of steel supporting the walls, and the walls themselves will be of cement and lined with terra cotta lumber tiling. By 415 II.

BROADWAY. Center of Block. Open till 10 p. m. HAVE XMAS FOR MAMMA, PAPA, SISTER, BROTHER and FRIENDS.

concerned. As soon as this is 001 iew i 1. .1 I. QQnl tllA North- diner uy a. unuge ui unici hi- ern Central will be pushed westwardij opening up a splendid section of the ciiy which has now to depend entire Suburban road for traveling facilities.

Property owners in the northwest quarter are greatly elated over the prospects ana many of them are sanguine that their noia- ings will Be doubled, in value. ZION CHURCH DEDICATION. Handsome New Lutheran Church. Just Finished at a Cost of $100,000. This morning one of the finest new churches in this city, will be dedicated.

It is located at the corner of Twenty-first and Benton streets, and was built by the German Evangelical Lutheran Zion's Con- gregation. It occupies a plot of ground 98 feet on St. Louis place by 135 feet on Benton street. The -building was designed by Architect Albert Knell and cost something over complete. The style is gothic and Its appearance is massive ana impressive, j.

H. Drees, who was the contractor, is a member of the congregation. He spared no pains on the building. The interior fittings of the churcn are unusually attractive. The organ is ui-vided in two parts and is of beautiful design.

The altar, pulpit, baptismal font and reading stand are of onyx and marble. There is also a set of chimes, consisting of sixteen bells. The heating and ventilating apparatus will be of the fan system. -The communion set is a work of art. It is of solid gold and was presented by 1 Blumel, a member of the congregation.

The new church will have a seating capacity of 1,270, and the Sunday school on the first floor is arraneed to accommo date sw. Adjoining tne church on lien- ton street the congregation has put up-a handsome rocK iront parsonage wnicn win be occupied by the pastor. -the Rev. C. F.

Qbermeyer. The. parsonage is connected with the church. The congregation will meet at the old church, corner Blair avenue and Warren street ounaay at y.io a. 111.

auu pruueeu co the new church in a body. There the builder will turn the key over to th'e architect and he in turn will erive it to the chairman of the Building Committee, W. C. Sohutz, who after making a few appropriate remarks, will hand it to the pastor to open the building. There will be three services on Sunday in the forenoon and aftetnoon in German, and in the evening at 7:30 in English.

On Monday evening there will be a special children's service to dedicate the School. This senrice will commence at 7:15. On Sunday forenoon Rev. H. Sieck, of Milwaukee, will deliver- the sermon and on Sunday afternoon Rev.

A Brauer, of Beecher, 111., will preach. In the evening Rev. F. W. Herzberger, of Harmon, and the pastor of he church.

Rev. C. F. Obermeyer and the assistant pastor. Prof.

A. Graebner, will officiate. On Monday evening immediately after the Sunday School dedication services, there will be a wedding ceremony performed by the pastor, when the chimes will play the wedding march on the arrival of the couple at the -church. A very handsome souvenir programme will be presented to 1 every one attending dedication services. JEFFERSON AVENUE PROPERTY.

It Will Ee Enhanced by Improved Street Car Service. The change which is shortly" to be made In the motive power of the Jefferson avenue street car line from mules to electricity is being anxiously awaited by property owners along that thoroughfare. For a long time it was the only cross-town line and notwithstanding its objectionable character, it was well patronized. There was a change, however, when the Grand avenue line and the various downtown lines leading to the north and south ends, were put in operation. People who cOuid not use the Grand avenue line, would ride down town frotn the North End and take another car" to their destination in the South End in preference to riding behind th The effect of this was to depreciate to a considerable extent Jefferson avenue property.

The street was not available for business purposes, and homeseekers preferred streets where there were better transportation facilities. This order of things will change as soon as the new cars propelled by electricity are put on. This will be done in the early spring. The line is the joint property of the Missouri, Lindell, Citizens' and Union Depot railways, and it is contemplated that each of these roads wall exchange transfers with the Jefferson Avenue line. In addition -to these manifest advantages! the Jefferson Avenue line will be considerably lengthened.

Starting at the Fair grounds on the north-it will go south on Jefferson avenue past the present terminus at Geyer and Jefferson avenues to Gra-vois avenue. This extension, together with the transfer system, will aUract a large volume of travel and enhance values along the A Btrongly-grouadti rumor ha tilia ALOE'S 415 1. BROADWAT. exchange and the eyes properly free of charge. Open till 10 p.

m. PRESENTS OPEN UNTIL v9 O'CLOCK. FRANKLIN AVENUE. SUIT FOR A m. Controversy in a Synagogue Over a Murdered Man's Estate.

The estate of Samuel Bank, who was murdered last summer at his home, H'i7 North Eighth street, was divided between his widow and tour children. It Included a pew in the Beth Hamedrosh Haggodol Synagogue, 1123 North Eleventh street. Bank's children were all minors, and Berry Schlachman was appointed their guardian. Mr. Schlachman desired to sell tha pew, which was valued at $150.

Morris Rosenfeld, President, and James Levitt, Secretary of the Synagogue, refused to yield possession. Schlachman made application, through his attorney. In the Probate Court for a citation directing Messrs. Rosenfeld and Levitt to answer why they should not yield possesion of the property in question. IiHOYV THYSELF." "An Ounce of Trerentlon Is TTorth a Fonnd of These two mottoes'have been the guide and life-work of the distinguished Dr.

Hartman, President of the Surgical Hotel. He hat written more to teach the people ho to prevent disease than any other living writer. He says the month of December Is the most dangerous of the year. In this month cold weather Colds, coughs, sore throat and hoarseness, all of which are sure to set ud chronic catarrh or consumption, are ac quired in this month more than any other. Thousands upon thousands begin their downward road from health to disease and death in this month.

The doctor has had a life-long experience with Pe-ru-na in the prevention of these affections. Not only has he prescribed It for a vast multitude of people, but this remedy has been his constant shield through his many years of travel and active profession. A bottle of Pe-ru-na, rightly used In the family at this season. Is of value untold. Pe-ru-na cures catarrh, cures colds, cures ovughs, cures la grippe, cures all diseases due to catarrhal congestions of the mucous membranes lining the head, throat, bronchial tubes, lungs, stomach, kidneys and pelvic organs.

Dr. latest book on catarrh and diseases of wirher will be sent free for a time by The Pe-ru-na Drug Manufacturing Cav pany of Columbus, Ohi. $5.00 00 Beautiful Onyx Handsome Pretty Rockers Elegant 1 Table, Music Cabinets. for China Closets 1 $6, $7 $9. $9, $10, $12.

$4.50 and $5. $18, $20. i i -1 I rTsfonbie: Handsome Parlor Nice Garland RUGS 6 Chairs, Cabinets for Steel Itange, for 1 $18, $22. $31. $33.

$1, $1.50, $2, $2.50. 1 1 GAMBRILL M'DOWPT lni to lient who Purchased KSoT The consideration was nmlVZ l01 100.155., north side of Horton place. wiJf Hamilton avenue, from Howard Gambrill to James T. Smith, for $3o a foot, or $3,500. tlso north sl(ie ot Cook avenue, I avenue, from Miss Nellie $l'750 lshwick t0 a client $35 a foot, or The firm also made a loan of $3,000 for three years on Income property near Garrison avenue.

Also a loan of $700 for one year on a six-room brick house on North Market street, near Grand avenue. SCHOLLMEYER-LEAHY. Schollmeyer-Leahy Real Estate Co. reports the following sales: 3818-20-22-24 Morgan street, eight flats, lot 89x150; from Paul VValz to John P. Rodgers, the well-known capitalist and speculator; consideration The purchaser bought for a permanent investment.

Also, 3652 Finney avenue, arranged as two flats, rentlngor $600 per year; sold for from Benjamin Lynds to Henry Schwenker. Bought for an investment. Lot 120x240, north side of Wells avenue, between Belt and Clara; from John P. Rodgers to Martin Wifler; consideration $3,600. The purchaser will erect ten flats, costing $15,000...

Also 25 feet on the east side of Granville place; from John P. Rodgers to Paul Walz; consideration $600. The purchaser will erect flats, costing $4,000. Also 100 feet by 134 north side of Ken-nerly avenue between De Hodiamont and Hamilton from John P. Rodgers to a client.

Consideration, $2,500. A vacant- lot on the south side of Ken-nerly avenue between De Hodiamont and Hamilton from John P. Rodgers to Thos. Howard. Consideration $1,500.

The purchaser will erect a dwelling costine OOO. A vacant lot on the southwest corner of Botanical and Lawrence; 75x125; for $22 per foot, making $1,650. From Henrv Sch ker to Benjamin Lynds. Mr. Schwenker was represented by Dyas Co.

Also one loan of $3,600 on Easton avenue for three years at 6 per cent. BLACKWELDER-HOLBROOK. Bleckwelder-Holhrook Realty Co. sold to B. M.

Verdin for William H. Miltenberger, four dwellings, Nos. 4117, 4121, 4125 and 4133 Lindell boulevard, for $68,750. These are all new dwellings just completed, each occupying a lot 37 feet front by 150 feet deep to an alley, and containing 11 to 13 rooms each, with all modern conveniences. Mr.

Verdin bought for an investment and the houses will therefore be to rent and in charge of his agents, Blackwelder-Holbrook Realty Co. Nelson Mersman represented the seller, Mr. Miltenberger. PONATH BRUEGGEMAN. Ponath Brueggeman report the following sales: 3626 Garfield avenue, a two-story, 7-rcom brick dwelling, lot 130x135, sold for from Anna M.

Schobea to Mary Mueller. Also two two-story 6-room frame houses, Nos. 727-and 29 Garner avenue (Benton Station), lot 50 feet front each, sold for from Paul Jones, trustee, to Hy Ameling. EAST ST. LOUIS.

J. T. McCasland reports sales as follows: P. Phillips and wife to Chas. A.

Caldwell, lots 43, 44 and 43 in first addition to Win-stanlev Park, Melchior Figi and wife to Emil A. Renz, lot 8, block 2 Gross subdivision, lot 47, Cahokia Commons, A. L. Martin to G. L.

Varnell, lots 10 to 16, block 18, Rutledge Horton's addition, M. F. Geary to H. C. Griesedieck lot 21, black 73, and part block 215, East St.

Louis, $900; M. T. Bisso to Edward O. De Forest, lot 16, Eustachi subdivision, lot 13, survey 116, Cahokia Commons, $800; Francis McCabe and wife to John W. Koch, lot 347, block 9, Illinois City, M.

L. Boismenue to C. O. McCasland, lots in Cola's Central Place, East St. Louis, Wm.

Thompson et al. to James Sheer, lots 15, 16 and part 14, Rose Hill addition to East St. Louis, P. W. Abt and wife to W.

D. Grone, southwest half lot 11, block 16, Winstanley Park, $125; P. W. Abt and wife to L. P.

Grine, northeast half lot 11, block 19, Winstanley Park, $125; C. Dill Clovis Soucy, part lots 20 and 21, block 48, Town of East St. Louis, $600; J. H. Douglas to Charles Miller! lot 12, block SO, Denverside, $300.

BUILDING ASSOCIATIONS. The, St. Louis Saving and Building Association at -its sixth annual election this week elected as directors for 1896 Freelander R. Dunn, B. Chamberlln, M.

Chas. Gallagher, Thomas A. Rice, W. P. Dwyer, W.

J. Hughes, J. A. Itice, C. B.

Menaugh, Jos. Rossier, J. D. McGinnis, J. McGroarty, W.

C. Flynn, A. Weir, and H. W. Carreras.

Its new series begins January, 1896. The Washington Saving and Building Association, which has made a net profit of 22 per cent to date, will hold its ninth annual meeting this week. Twenty-eight nominations for directors have been made. Its ninth series will be issued Jan. 2, 1896.

The Franklin Building Association, which last month matured its first series, paying to Its free shares the full dues and 94 per cent per annum interest, held its 126th meeting last Wednesday, but made no loan. Its eighth series was issued last July, and 223 shares have already been taken. New Bank Building. The work of tearing down the old buildings at the northwest corner of Pine and Fourth streets is progressing rapidly. Work will be begun, as soon as the wrecking is complete, on one of most artistic bank buildings in the west.

Tne Duuamg, wmcu is to be occupied by the Mississippi Valley Trust Company, will be one story, seventy ftat in neiirhf hut Its annearance will be impressive. The structure is one of several improvements that are to be made on Fourth, street. It is already the financial street 01 the city. To Complete the Chemical Building, An Important deed of trust was filed Saturday for $125,000. It was filed by the Chem ical Building uompany 10 uie mucoin irusi Company, as trustee ior me uonanoraers, and is to secure a series of second mortgage bonds for the amount named.

The bonas are issueu i iiac inuircj mi pietion of the Chemical Building at Eighth and Olive streets, and will bear 6 per cent interest. Real Estate Transfers. M'MIIXAN AV. 33 ft, sooth line, city block B. W.

jevla et al. to Dora C. lr warrarnr NEW MASCHESTEB ED. 85 fet. Booth line, city hlock 3U73; Dorothea Schoenthaler et al.

to J. Margait quit 1 VIHGIN'IA feet, treat line, city llolc 3134; Francis Doreey to Anthony Slnlilonn-warranty auo MINNESOTA AV. 50. east line, city block 3206; vm. focha to Joa.

Hardy warranty 1,725 CITY BLOCK 2S65, 20x100; Hy. Dnealng to O. H. Pappert and wife qnlttclaiin I MINF.KVA AV. City block 38; Anna M.

Itan tf BiJ. Werner warranty 3.0SO MIXERVA AV. City block 8817, lota 12, and 14; Anna M. Ryan to A. CI.

Bauer warranty 2 800 FLORENCE PV. Ixu 8-and dry block 4408; Cbas. ileidel and wife to S. J. Guyre quit claim SEVFXTI1 ST.

60 feet, west line, lota 14 and 15: city block 82; Lbwie Twiebau to Jolin IT. Twiebaus quit claim. 1 SEVENTH ST. -50 feet, west line, lota 14 and 15. city block 82; Frit Krtng to John H.

Twiehane quit claim COOK 60 feet, south line, lot JM. city block 3772: Nellie S. Flahwick to JU B. Offntt warranty MINNESOTA A V. 26 feet, eat line, lot light by the South Broadway merchants.

It will bring passengers direct to their doors, by rapid Jt -is expected that the. new line will have an important effect on real estate holdings In the section- through which it will pass. It is a district in which the street car service Is -at present inadequate and. the proposed extension will assist materially in the development of that portion of city. ANOTHER THEATER WANTED, Real Estate Men and Col.

Hopkins 1 Looking for One. There Is a general feeling In real estate circles and among citizens generally that St. Louis needs a new theater. The belief is not concurred in by local theater men, who say that the city can support no more than its present number of amusement places. in this men who make It their business to watch closely the trend of the city's growin ao not agree.

1 ney say tha theater patronage is capable of development and that St. Louis can easily support another theater of the first class. beveral local real estate and financial men are prepared to back a new theater. In this connection it may lae stated that there is a well credited rumor afloat that Cl. John Hopkins, lessee of the theater in the new Century building, corner of Ninth and Olive streets, is looking for a location and support for another theater.

It is understood that he contemnlates onpnins- two bouses, one to be of a high-class and play ing ouiy me viest companies, ana tne otner to be a continuous show on the order of that which be formerly conducted at Pope's. THE WEEK IN REALTY. Sales Heavy, With. Encouraging Pros pects for the Early Spring. A general improvement, was noticeable in realty circles during the? week just ended.

Several sales of Importance were elost-d and. the list of larger than for several weeks. Tha general tone of business was stronger-and inquiries for property more plentiful than has been noticeable during the closing weeks of the year for years past. Renting business nas Been talrly good. Many tenants will move January 1 and the demand for medium priced houses has been good.

During the coming week It is expected that three big deals calling for the erection of important down town buildings will be closed, and the early part of January promises several others. Agents' reports of sales lor-the week follow: HENRY HIEMETNZ, JR. Henry Hiemenz. reports the sale of 2648 California avenue, between Sidney and Magnolia, a new, two-story, nine-room brick dwelling, arranged in flats, with all conveniences, lot 30x125, owned by B. J.

Otto, was sold to Albert Sudhoff for Also 2021 Arsenal street, a two-story six-room brick dwelling, with lot 3oxl21, owned by A. Zanoni, was sold to T. Hemmeiman, for $2,000. Also 2927 Michigan avenue, a two-story, six-room brick dwelling, lot 25x125, owned by Philip Betz, was sold to F. G.

Uthoff for Also Flora avenue, South Side, between Spring and Vandeventer avenue, lot -2ox 124 owned by- the Charles Niedrtnghaus House Furnishing was sold to Henry Hiemenz. for $050.. Also 4056 Dominica avenue, a one and one-half story, three-room frame dwelling, lot 70x163, owned by Bernhard Tilligo, was sold to Joseph Nahlix for $950. LOVE SONS. 'This firm reports for the past'week sales as follows: 4015 West Belle Place, a 9-room stock brick, slate roof, two-story modern dwelling and finely decorated, on lot 30x 150.

Sold from M. Wallace to A. L. Wyman, who -buys for an investment, it being under good lease. Also 6155 Ella avenue, a four-room frame, with old oak trees, on lot 50x137 feet.

Sold for $2,000 from L. M. Camp to A. S. Clyde, who buys for a home.

Also a lot on Morgan street, north side, 200 feet west of Kings highway, 50x170 feet to an alley. Sold for $50 per or $2,500 cash, from Dr. A. Enderle to G. S.

Smart, who buys for improvement. Also a lot on Burd avenue, west side, between Minerva anL Ridge avenues, -50x125. Sold for $30 cash per foot from Mary Nicol-son to Clara Bass, who will improve with two six-room, stock brick, slate roof houses. Love Sons also report having loaned $4,300 during the week, mostly in Westminster Place and" Delmar avenue, all at 6 per cent, except $1,200, which was at 5 per cent. They report renting as very good for this season of the vear; also a good inquiry by purchasers for medium and first-class residence, especially in the West End.

T. RATHELL. The Sam Rathell Real Estate Co reports the following sales closed In Linden- WFif ty feet north side of Oleatha avenue, between McCausland and Wabash avenues, to Inhn (1 Rrandt, merchant, at $b00. One hundred feet, north side of Marquette, between McCausland and Wabash avenues, to Wm Cozzens, at Fifty" feet south side of Oleatha avenue, between McCausland and Wabash avenues, to A Cuendet, at fow; Fif'tv feet north side of Oleatha avenue, between McCausland and Wabash avenues, toTeome bT architect, at $600. who WFiftvPfte' north side of Pernod avenue.

Tftv feet! north side of Pernod avenue, v. McCausland and Wabash avenues, wm Hammes. merchant tailor, at $600. toX (Vet. north side of Pernod avenue, i.ifen McCausland and- Wabash avenues.

French Ray burn, at $600. iT-mv feet, south side Pernod avenue, Wabash and McCausland avenues, to Jerome B. Legg, at $650. who will im- PFmy feet; south side of Pernod avenue, between Jamieson and McCausland avenues, to E. A.

Koerner, -at $i3. Fifty north side of Oleatha avenue, between Wabash and McCausland avenues, to Geo. W. Cale, at $600. Sixty-one feet, north side of Tholozan, between Jamieson and McCausland avenues, to Wm.

Lenox of Mattoon. 111., at $671, who will Improve. Fifty feet, north side ol Mardel, between ZION GERMAN EVANGELICAL LUTHERAN CHURCH. r(j IUUI-IOU3-IUOO city block 2703; Max Bottler to P. Bottler warranty ITASKA SI'.

50 feet, north line, lot 8 and 10, city blot-k 2707: Eiuile Ellerbeek to Baymond 1'lcquet warranty EDWARDS ST. 170.3. rnt line, lot 20, city block 4036; Hydraulic Press Brick Co. to Kusnnna Bowman warranty CLEVELAND AV. 25 feet, south line, lot 40, city block 2037; Breezy Height L.

I. Co. to Keystone B. L. Association trustee's deed PLATEAU AV.

BO feet, east line, corner MeCausland avenue: Sarah E. MeCnlly and himband to Henry A. Lane warranty. VERNON A V. North line, lots 47.

48. 40 and 50. city block 29D1 E.J Henry B. Scott to Chas. W.

Moore warranty OLIVE PT 25 feet, south side, lot 27, city block 1015; Chu W. Pierce and wife to V. M. Haley warranty DUNNICA AV. 70 feet, south line, lot 26 and part of 25.

eity block 4173: Ben Sil-Hro and wife to Jcs. Nahlik warranty. NORTH MARKET 8 5, aonth line, lot 13, city block 3719; Chas. A. Douglas and wife to John H.

Martin MAftQUET-E AV. 100 feet, south line, lots fi and 6. city block 5005; Leander Hal-lack to Oeorfe Blcsen warranty HANCOCK AV. 50 feet, south line, lot 2, city block 4775: John Wanner to Wm. Wanner warranty NORTH MARKET ST.

48.5, wrath line, lot 13. city block 3719: John H. Martin to Chas. A. Douglas warranty MAIN feet, west side, city block 82: A.

C. Bowman et al. to Francis Sharon qalt claim CITT BLOCK 4031.. lots 16 and 17, Western Investment Co. to Woodward as Tier-nan Printing: Co.

warranty WESTMINSTER PL. 60 feet, west line, let 12, city Mock 4581 N. Kenneth Investment Co. to Frank C. Case warranty TWELFTH ST.

37 feet 6 inches, west line, city block 411; Hnbert P. Taosstc; et al. to Mary Kate Berg's, trustee conveyance la trnst 400 2,800 700 1,200 6: 62jS 0,990 050 1.800 600 5 300 6,355 9,000 2,300 Other Bales. McNalr Sc. Harris Real Kstate reports the sale of house No.

78 Vandeventer place, a handsome 12-room residence, on lot 50x 145, from Mrs. Km ma Hobart to Mrs. Mary Hopkins Kinjr, wife of Goodman The consideration was $25,000. Picquet Bros. Sc.

Wood sold lots 5 and In Wood side Park, at Olendale. 200158, to Mrs. Em i lie EHerbeck, for $2,400. Also a four-room brick house. 3523 Itaska avenue, to J.

E. Lyons, for $2,800, and a seven-room frame house. No. 6567 Bradley avenue, lot 50x207. to C.

O. Shepardson, for (3,200. The C. R. H.

Davis Real Estate Company rrnnrtn the sale of a lot in Fullerton place. 60x145 feet to an alley, from the Kenneth TnvMtment Com Dan to rns u. case, ior $9,600. or $160 per front foot. Mr.

Case I purchased tor an in-vestmeni. The John Masulre Real Estatt Company sold the eight-room dwelling at 1320 Monroe street and a four-room house In the These occupy a lot 24 feet 10 Inches. by a depth of 112V4 feet; owned by the Guarantee Building and Loan Association and purchased as an Investment by John A. Arndt for $2,700. A Through Train.

The Katy Flyer now runs solid from' St. Louis to Qalveston. leaving Union Station 8:20 p. m. dairy and P-indays, too.

City Ticket Off lea 103 North Broadway. xnis arraugeuien-, snuum lire oreaK out It cannot spread. Such thorough fireproofing has never before been attempted in medium- i priced houses. Excavation for the four residences is al which rro2ni7i-s Ana the createst cities in the United States." THATCHER'S NEW HOTEL. Contracts for a 10-Story Hostelry to Be Let Next Week.

The wrecking of the old buildings on the south side of Locust street, just west of the Centurv Building where the new Thatcher's Hotel is to be built, has been completed. In a few days the contracts for excavating, foundations, will be let and work begun. It is proposed to have It ready for occupancy by Oct. 1, Since the plans were drawn three weeks ago it has been decided to add two additional stories to the building, making ite ten stories high. The entire structure will be occupied by the Thatcher Hotel a recently formed corporation with $40,000 capital, for a first-class European hotel with a fine restaurant on the ground floor.

IMPROVING NORTH AND WEST. Increased Street Car Facilities Promise tc Enhance Realty Values. The improvements going on In the north- 1 111 1 llic: .7 erally discussed in realty circles. Building is going on at a rapid rate and many residences of a substantial and attractive character have gone up. Much of this improvement Is due to the extention of the street-car lines out through this section, as well as to the fact that Union avenue is to be opened in a continuous line from Forest Park to the cemeteries.

On the latter project commissioners are now at work condemning property along the proposed opening. In conjunction with this desirable improvement, several car-lines in the district are rapidly making extensions, The Marcus avenue branch of the Citizens Railway has already been changed from horse to electric power and will soon be in operation under the new regime. This line was from Eastom avenue to Natural bridge road. The Cass avenue line has also been extended to King's highway and is now In operation that far. Probablv the most Important extension, however, is that contemplated on the Northern Central.

This line, which formerly had its terminus at the south gate of the Fair Clrounds. has already been built west on the Natural Bridge road to Newstead avenue and will soon be to King's highway. The ultimate intention is to extend it to the city limits and to have an-extension over Lnion avenue to Forest Park. These extensions are being delayed by the bad condition of thetstreet at Goodfellow avenue. In making a crossing there the Merchants' Terminal belt line went below gTa.de, leaving the street in an impassible ready under way and construction will be begun shortly after Jan.

1. WILL MAKE BIG-LOANS. srvv -vt- 7- -l. -r -r ti -rr Great Confidence in St. Louis.

The importance to the realty interests of St. Louis of the recent appointment of the Anderson-Wade Realty Co. as local representatives of the New York Life Insurance to place loans from Its surplus' on St. Louis property Is receiving much attention in real estate circles. The general feeling Js one of satisfaction, as this will bring to jjt.

Louis practically an unlimited amount capital, The importance of this move can be better realized when It Is understood that the local banks have always been slow to take such collateral when borrowers intended to use the money for development, and that the local trust companies cannot handle the business to good advantage. In conversation with a Post-Dispatch reporter Festus J. Wade explained the tion of the New York Life toward St. Louis and the character of the loans to be made in UllI cuy. "My firm," said Mr.

Wade, has been pointed as the representative of the real estate, bond and mortgage department of the New York Life Insurance for all its.

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About St. Louis Post-Dispatch Archive

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