St. Louis Post-Dispatch from St. Louis, Missouri • Page 63

ITT Real Estati ST. LOUIS POST-DISPATCH For Sales fART SEVEN. ST. LOUIS, SUNDAY MORNING, AUGUST 12, 1928. PAGES 11 6B.

Structures of Varied Types in Week's Real Estate News HARVEST HAT CONCERN BUYS 5-ST0RY FACTORY BUILDING NEW METHOD USED IN SINKING PIERS Boring Machine Does Away With Caisson Diver Lays Form for Concrete Base. international Company Parts With Structure on Lucas to Koken Barber Supply Firm in Transaction. ion of 10 Existing In Nine States Including Missouri Amounts to $201,981,400, Largest Monthly Total for Region Ones Addition of Two Included in Director'! Report. A new method of foundation wells for skyscrapers in being used in the excavation for the new Lenox Hotel, northeast corner of Ninth street and Washington avenue. This is the first time the pany at Texas and Sidney.

It Is of fireproof construction and contains 94,000 'square feet of floor space. The factory group was vacated by the Koken company some months ago on the completion of a new plant at 3400 Morganford method has been used in St. Louis (EW FACTORY FOR An important deal of an other- wise quiet real estate week was the sale of a five-story factory building on the northeast corner of Texas avenue and Sidney street, formerly occupied by the Koken Barber Supply to the International Harvest Hat Co. The latter concern, the largest manufacturers of harvest hats in the world, will occupy the building immediately. The present quarters of the International Company, a five-story factory at 717-19 Lucas avenue, became the property road, housing all of the Koken companies.

The International Harvest Hat $4,028,299,900 IN 37 STATES THIS YEAR CITY INVOLVED 296 Additional Elmployes A boring machine. Invented by C. L. Powell of Chicago, digs through 45 feet of clay and quicksand to solid rock in less than eight hours. Under old methods the same job would take a week under a 24-hour schedule.

The machine is operated by a crew of two men and in addition to the advantages of speed and resultant economy, none of the risks Incident to cais This Also Established a New Building Mark for the Co. purchased the larger factory because of the necessity of ob taining additional floor space to meet the demands of lta business, according to Ike Apple, president of the firm. The concern turns out 3000 dozen straw harvest hats a day. The transfer was bandied through the Mississippi Valiey Trust and the David D. Lynch Co.

Iff County residence, until recently the home of William E. A. Christmann, at ttyk 'Vm Natural Bridge road, purchased by the National Catholic Women' ivOKen investment in First Seven Months of the transfe 01 ine Will Be Needed, 20,000 Square Feet of Space, George C. Smith States and will be leased. 10 ueusea as a sanitarium.

1928. The factory purchased by the International company, is-the newest of a group of buildings formerly occupied by the Koken com 28-ACRE TRACT BOUGHT FOR NEW COUNTY HOSPITAL MUSSOLINI AND CONGRESSMAN DISCUSS NARCOTIC TRAFFIC son sinking under air pressure is incurred. Thirty-six of the 45-foot -jrell are necessary for the hotel piers. As the -ells are dug they are filled with water to prevent caveins. Beginning next Tuesday, a professional diver will enter the first well to prepare the bottom for a foot-thick concrete base, which will be poured through a pipe and permitted to set under water.

A corru Acquisition of two new industries lad expansion of 13 existing ones tuiUi the industrial activity In Greater St. Louis during July, George C. Smith, director of the j-ddtrial Eureau of the Industrial Oub of St. Louis, sets forth in the tareau'i monthly report, issued yesterday. Of the 295 additional employes -n -nraP, wzm ri E3 5 Si I Mil L.

Jl. I 1 F-l rri-t tr--S 1 Porter of Pennsylvania Thanks Premier for Italy's Support of (J. 8. at Genera. ROME, Aug.

11. Representative Stephen G. Porter of Pennsylvania yesterday discussed with Premier Mussolini the question of new A tract of consisting of 2S acres was purchased last Thursday by the St. Louis County Court from the Davis Estate as a site for the proposed St. Louis County Generul Hospital provided for in a $1,000, 000 bond issue.

I. Site gated lining will then be inserted in the hole, following which the l-Mrco will oe requireu, 10 win uc iAeded in the new industries, the sport adds. The projects will re water will be rumped out and the work of building the pier completed. The method has been used successfully in Chicago and Pittsburg by Powell, who is superintending the job for the Fruin-Colnon Construction Co. The Lenox HotH will be 27 stories, with a basement and sub-basement.

The tract, which Is locateu on the west side of North and Soutn road, north of Clayton roa.d, was tire 20.0UO square feet of new factory buildings, while 143,600 square New construction started in nine states of the Central West, including Missouri, during July amounted to $201,981,400, the largest month- ly total ever recorded in this territory. The total was 5 per cent more than the total for June and 35 per cent greater than construction started during July last year, according to a report of the F. W. Dodge corporation. Analysis of the July building record showed the following items of note: $72,664,600.

or 36 per cent of all construtcion, for residential buildings; $49,746,900. or 25 per cent, for commercial buildings; $44,414,800. or 22 per cent, lor public works and utilities; ai.d $11,421,400, or 6 per cent, for industrial projects. Last month's contract total brought the amount of new building and engineering work started in this district since the first oi this year up to $1. 217.166,000.

ds-ing 19 per cent ahead of the total for the corresponding period of 1927. Contemplated projects as reported last month in the Wa reached a total of $156,59,200. Apartment building for 36 families being built at Kingshighway and Wilcox aVenue by A. M. Cornwell.

Nolte Nauman, architects. of existing space will be ab sorbed. The added industrial Investment is more than $500,000. 0n of the expansions involves a PS -ew factory for this city, the main quarters for the American Embassy. Porter explained to the Premier that the matter would not be taken up for some time.

Mussolini expressed his regreat at this, and advised quick action, pointing out that since the city was rapidly expanding all the best and central locations were being snapped up. The conversation then turned to the recent Geneva conference on opium. Porter thanked Mullolini for the Italiai. attitude which was completely in harmony with America's. He said Deputy Cavazzoni, the Italian representative, delivered some "masterly speeches." lie then asked what was done in Italy to narcotic peddlers.

The Premier explained they were "caught, tried and sent to forced domicide on the lant, being located fcithin the district. "Passage of the ordinance per t3 sold for $100,000. or about i3750 an acre. The property is bounded on the north by the Rock Island Railroad, on the east by North and South road, on the southwest by tha St. Louis Belt and Terminal Railway, and on the northwest by the Kirkwood-Ferguson car line.

Excellent transportatio i cilities provided influenced the selection of the site. The County Court Ignored a Clayton ordinance a hospital within the city ii.nits of Clayton in making the purchase. Plans for the first unit of the SMITH NOMINATION FILED Formality Reqnlred by State law to Provide I3cctors on Ballot. Special to the Fost-Dlipatcb. JEFFERSON CITY.

Aug-. 11. A formal certificate of the nomination of Gov. Al Smith of New York mitting the Illinois Traction bys- tem to erect 4 modern terminal at Twelfth street and Lucas avenue is the most important local event of the month." states the report. "A considerable stimulus to the indus MARTIN AND BREITT REPORT NUMBER OF LEASES CLOSED Martin Breitt Real Estate Co.

has closed a number of leases during the past week. The Coca Cola Bottling Co. has taken a long-term lease on the two-story warehouse building at 1225-27 Spruce street which they will use for storage of merchandise. The lease was made for the account of Louis Yeckel. Julius Horwitz and Abe Schwartz, a new firm' starting in the dress manufacturing business, has leased the second floor of 902 Washington avenue.

The lease was made for the account of Hell- trial, development of North St. Louis will result. hosDital are being prepare Dy Principal business barometers The Aegerter Bailey, architects. for th tnenth of July. 1928.

as I Porter is chairman of the com compared with July. 1927. may be first unit, to cost about $300. ttu, will provide accommodations for 140 patients. mittee selecting embassy quarters In various countries.

This figure was just a little less than half the total for June of this yeat and it was 7 per cent less than the total for July of last year. July construction contracts in nmmarizrd as follows: Building permit increased 11.86 per cent: bank clearings increased 1.66 per as the Democratic candidate for President, by the 'Democratic National Convention at Houston, was filed today with the Secretary of State to place the Democratic presidential electors on the ballot of the. Noviber election. A similar certificate was filed on the nomination of Joseph T. Robinson of Little Rock as the Democratic candidate fcr Vice President-Filing of these certificates complies the Missouri election laws.

The certificates were mailed from headquarters of the Democratic National Committee In Washington by R. T. Buchanan, secretary of the Houston 'AM- cent; debit to individuals accounts acreawd .7.53 per cent; industrial the territory east of the Rocky Mountains reached a total of Isaac T. Cook Co. Report.

The storeroom at 823 Pine street, on the ground floor of the Paul Brown Building was leased to John A. Morovitz Tailoring Co. rung Grimm. The Monarch Stationery and -allures (liabilities' increased per cent; barge line tonnage Gives Up Seventh-Papin Corner. A three-story building at the southeast corner of Seventh and Papin streets has been sold by the C.

Kostuba Furniture Co. to a client of the M. J. Slonln Realty Co. on a basis of $1000 a front foot on Seventh street.

The Kostuba company, which occupied the building for the last 25 years. Is retiring from business. 2ucea per ceni; postortice ipts decreased 1.92 per cent; $583,432,400, according to the Dodge Corporation. The area covered in this record consists of 37 states and includes about 91 per cent of the total country. This is the highest July contract total on record.

It. was 9 per cent Sundry Co. have taken a long-term lease on the store and basement at 813 High street. The lease was mada for the account of the Metropole Hotel Co. They also sold the one-story building on the east side of Ninth Inter consumption increased 4.13 btrcent.

Five-story factory building at Sidney street and Texas avenue purchased last week by the International Harvest Hat Company from the Koken Co. The Associated Millinery Co. have leased the store at 407 North Sixth street. The buUding" at 2940 Locust street was leased to E. J.

Swarth-out Auto Body Co. For the month of June, 192S, compared with June. 1927: street between. Franklin and Mor- plephone calls increased 7.59 per sot and the telephones in service gan streets known as 322-24 North pereasfd per cent: street, for the account of revenue Ninth Km. Kessler Kolb, to a client.

mr passengers aecrnased ahead of the total for the same month of last year, but there was a drop of 10 per cent from the total for June of this year. Last month's record brought the total amount pf new building and engineering work started since the first of this year up to establishing a new high rec- bus revenue passen- Joseph Raia has leased the store at 707 St. Charles street, for a barber shop. W. W.

Phillips has leased space on the first floor of the Arcade Building in the main recently occupied by the Acme Flower Shop, for his office supply business. WESTINGHOUSE ELEVATOR CO. TO OPERATE AS SEPARATE UNIT The Kaestner Hecht elevator constructors, which was recently acquired by the Westing- prs decreased 14.99 per cent' on pes of the St. Louis Public Serv- and 7.94 per cent on those TWO STORE AND APARTMENT BUILDINGS IN MULLINS DEALS The Mullin-Walters Realty assisted by the Glick Real Estate last week sold two ttore and apartment buildings in the West End. otthe buildings, a three-story fireproof structure at Glll-17 Page boulevard, has four large stores, two of which tre under CKRISTMANN COUNTRY HOME SOLD FOR USE AS The country home of William K.

A. Christmann at 6S85 Natural Bridge road was sold last week to ord for new construction ccntract- the People's Motorbus in-Fiatrial gas consumption increased Ua per cent, and industrial eer. Real Estate Loans We have money to loan in any amount on improved city and St. Louis County property. We specialize in building loans.

Also .30 -year loans on monthly payment plan. Seasonable commission. Call and see us before placing your losn. Andersbn-Stocke-Buermann REALTY CO. MAin 4593 808 Chestnut St.

house Electric and Manufacturing I ei f0r during the first seven been renamed the West- 1 months. The increase over the (fqicity gained 7.05 per cent." first seven months of 1927 was the National Catholic Women's uiiou me increase freieht Car i nt f-rr Vi a te i ct inghouse Electric Elevator Co. The company will operate as a separate unit, with sales offices puis, the report continues: Union and will be converted nto a sanitarium to be operated by the organization for its members. The estate consists of eight acres of ground well located for the pur- rong-term lease to the Missouri-1 The Terminal Rail Recent Sales by The Rengel-Weber Realty 3539 South Grand Tjoulevard." report the following recent sales: 3878 Juniata street for W. A.

Nio olay to Edward J. Dalton; cottage. 3971 Humphrey, for Arthur Mc-Keen to a client of Arthur "lch-mann; 3973 Humphrey, for Charles J. Schmidt to a client of Fischmann; bungalow. 6459 Southwest avenue.

iioa reports 1.5.15 ois Illinois Stores operators of the iand service shops in all principal ladled during th first Piggly-WMggiy stores. The two up- pose. The grounds are landscaped 1 floors are divider! Into 16 mo.l- oiths of 132S, as with and ampfe shade is provided. In ern efficiency apartments. This addition to the former residence of building was sold for the account during the same period of an I nr.

1-0 per cent. Analysis of 'the July building record showed the following outstanding items: $228,734,800, or 39 per cent of the total, for residential construct'on; $137,074,700, or per cent, for public works and utilities: $95,696,800. or 16 per cent, for commercial building; $36,926,400, or 6 per cent, for educational projects; and $31,399,800, or 5 per cent, for industrial projects. New work contemplated in the 37 states during the past month cities of the United States. The officers of the company are: E.

M. Herr, chairman of the Board of Directors; F. A. Merrick, president; R. I.

Phillips, yce president and general manager; E. D. Kil-burn, vice president; W. S. Rugg.

the. Chistmann family, a 10-room to Charles J. Schmidt for the Clif- 1 j. ui j.u jier cent. "ins the month of July freight interchange represented an in- 1 of 14.4 per cent over July.

DElOHE BUYSSTORE ton Realty lots on Wiesehan. for Herman Heitert to a client; 4044 Oregon avenue, for William M-vGarrett to Henry Foerster; lot on Wlesehan avenue, for William jvice president; N. G. Symonds. secretary; F.

E. Craig, general au modern structure, there are a modern five-room house and a number of outbuildings 011 the property With blight alterations, the main building can be ccrtiverted into a small hospital providing 25 beds. The purchase was made through the Hartwig-Dischinger Realty Co. Visitors at iK-uny Place. More than 301 persons visited the demonstration house on tba $647,682,700, J- Grass to a client: cottage for reached a total of of W.

X. Walter Co. to a client of Mullin-Walters Realty which will act as rental agents for the property. The other piece of property sold is a store; and apartment building at 3975-77-79 and 4001 Delmar boulevard. This property has f- stores on the first floor and.

efficiency apartments on the upper floorsC The property has a frontage on the north line of Delmar 75 feet. This property was purchased by W. D. Waller realty operators, as a speculation. being a loss of 37 per cent trom the amount reported in the pre ditor: H.

F. Baetz. treasurer, and Frank C. Reed, general sales manager. Recent Installations by the concern in St.

Louis include the Civil Courts Hotel. University Club and the Missouri Pacific Building. Emil Mueller to James aiciaugn-lin; new bungalow. 5915 Hartford, for a client to Laura Meis and new bungalow at 5911 Hartford to Ray J. DeMuth.

Vz YOUR LIFE IS SPENT IN BED You Look and Feel Younger When You Sleep Cotnfortsbty. MURPHY BEDS are more comfortable. -easier to opeiate. require le space. made to give long service.

and are backed by a responsible and ever-growing organization. Progressive builders have found that it pays to cater to their tenant comfort that's why the better buildings have them. Yes, the first cost is a litde more, but real comfort is worth it. Look for the sign "Murphy Bed Used Here MURPHY DOOR BED CO. ceding month and a drop of 7 per ent from the amount reported in July of last year.

I James K. McCoy Co. Reports Sales. $65,000 GARAGE WILL OPEN IN EAST ST. LOUIS TOMORROW AND APARTMENT BUILDING A modern brick store and apart- building at the southwwt j'nier of Kingshighway and was sold iast wetk 'Ui.

Edward K. Love Realty Co. AKT DeLr president of the VCiLore Paint Co. Jb building, which is of buffered brick, contains seven si ores first floor, with modern rtments above. The purchase 5 was approximately $11 5.000.

Wrc bought the property as P.n 8Tstment. HOUSESlOSAGE HILLS A iievr group of houses facing Co Club ara nearing com- Denny place subdivision, which is being developed on the old Cius tract on North Denny road. In Kirkwood, last Sunday afternoon. Denny place Is being dev loped by lhe Raymond H. Henky of Kirkwood for homes selling from $8500 to $15,000.

The demonstration house has been comrlet'y furnished by Trorlicht-Duncker will be open for Inspection ior 30 days. The James K. McCoy Co. reports a five-room model home now being built in Westchester will be open for Inspection Sunday, and that this house has all the latest modem features of a home for moderate means, also reporting sales for the month of July of 34 lots, totaling $43,000, in Westchester. 593" Lnright Changes Hands.

A residence at 6957 Enright avenue was sold last week by Lafay-ett Lytle of the Barber Asphalt Co. to Nathan B. Dozier. The house contains nine rooms with a brick garage at the rear. Lytle has been transferred to the New Tork office of the Barber The Arcade Garage, with parking accommodations for 200 automobiles and 33.000 square feet of floor space, will be, opened tomorrow in the downtown district of Phore CEntral 5670 315 N.

10th St. Bel-Xor Ojens New Section. Four new streets will soon be r-ady for homes in the new section of Bel-Nor. now being developed. This section will have the same high-grade improvements that have been built hi Bel-Nor; reinforced concrete streets and curbs, five-foot sidewalks, water, gas, sewers and electricity.

Knlckryeyer-Fleer Realty and Investment Co. are the selling agents for Bel-Nor. Bel-Nor is directly between two golf courses. Bellerive and Norman-aie, on Natural Bridge road. Remsbet lier in New Quarters.

in East St. Louis, at 103-5 North Main street. The garage is built of fireproof brick, has two floors and cost $65,000. Parking rates will be charged by hour, day or longer i periods. Other branches of motor service will be provided.

Sam Weiss cf East St. Louis is the owner. Underwood Office, 1107 Locust. The Underwood Typewriter Co. has leased quarters at 1107 Locust street, now occupied by the Gross Chandelier which is moving to 2036 Morgan street.

Thomas Dunn owns the Locust street prop Realty 'Men to Meet in Boston. The next annual convention of the National Association of Real Estate Boards will be held at Boston next June 24 to 29. it was announced last week by President Zander of the National Board Boston's invitation to the real es- vmSo iiius ana wjii ie I for inspcct.on shortly, ac-dinc in The real estate offices of Harry lulcil Sn Hills during erty. tate men was placed before th)3 1 Remsbecher have been moved fro u.ui nave oeen r'5. year's annual meeting at Louisville, but the decision was 3617 South Grand boulevard to the southeast corner of Nebraska avenue and Chippewa street.

Ahhcir nu-r lo-t with president manner. AS LOAN CORRESPONDENT OF THE Metropolitan Life Insurance Company The Largest Life Insurance Company in the World We Are Able to Offer You A First Mortgage Loan for 15 Year Without Any Question or Expense of Renewal With Privilege of Repayment After 3 Years LET US SAVE YOU MONEY If You Want a Beautiful Setting for Your Home SEE mi a Althcimcr. il- inc reports sales ''n $211,000. Including three- Wum garage at 365G Li-ton boukvard. This prop- PLUS SAFETY FIRST MORTGAGE NOTES 3 -year lease to the Washington Gara ire Co.

at a rntaJ of $475,000. othpr Kilo- I duplex residence in Web-2 proves, for also a 17 flat at 8015-17 Bonhomme Residential Lots Surrounded by Algonquin Club Build your home in this beautiful, exclusive psrk surrounded by the Algonquin Golf Course. Huge stone gates, informal Tarvia drive, all city improvements. SEASONABLE PRICE AND BESTKICTIONS. Out TtnmA Nrli -if Lorkweod.

ton. for and a $500 and Up Guaranteed Titles Every Investor Has Always Received Every Dollar of "Principal and Interest on Loans Bought Through Our Company Let Us Help You to Sound, Profitable Investment. CHOUTEAU TRUST COMPANY -s I'siuiirr avenue. LACLEDE BOND MORTGAGE Cornelian C-tcns OffU-e. a vornl jinn lii 1 Wif at the southeast cor-rI CHcstnut 6910-O13 714 Chestnut Street ,4030 Chouteau Avenue Corner Vandeventer buv-l ana 5 J.W.

KERR REALTY CO. JC-gi 107 N. 9TII ST. MAin 2624. -J wilt le ondsy evenings.

The ofices.