Omaha daily bee., 1899-10-22
DEAL IN REALTY
Kingman & Go. Purchase Southeast Corner
Tenth and Farnam Streets.
INCREASING BUSINESS DEMANDS
Will Expend 100000 Next Spring in
the Erection of the Best Whole-
sale Implement Warehouse
in the World.

Martin Kingman & Co. have purchased the
vacant quarter of block at the southeast
corner of Tenth and Farnam streets and will
erect thereon one of the largest and most
elaborate wholesale implement warehouses in
the world The purchase of the property,
which has long been vacant, was made from
the Equitable Life Insurance company of
Iowa at Des Moines few days ago through
the agency of C. B. Denney, a real estate
agent Of this city, the price paid for the
property being 1925 The Kingman COM
pany has been negotiating for property in
that vicinity for some time and has sue
ceeded in securing what seems likely to
prove and is considered by It's local manager
as the very best Wholesale location in the
city.
j. b. Starr, manager of the Kingman
Omaha house, says that arrangements are
being made for the erection of a building
that will be a model implement warehouse
The company does not expect to see the
fulhllment of its plans accomplished
at an expense of less than $4,000 The
warehouse will be 1872 feet square and seven
stories high, of slow burning construction
and with ornate glass and brick fronts en-
both Tenth and Farnam streets. 1t will be
distinctively modern in every feature, with
steam heat, electric elevators and the latest
appliances for fire protection. The first floor
will be devoted entirely to offices. Surveys
have already been made for trackage
facilities, and it has been found easily
practicable to run tracks up the alley be-
tween Farnam and Harvey streets to the
rear of the structure. Arrangements have
been completed as far as possible for the
construction of such trackage 1t is the
purpose of the company to at once begin the
shipment of material to Omaha for use In
the building operations, which will begin as
soon as the frost Is out OF the ground next
spring, The business OF this company has
been carried on since the destruction of its
warehouse at Ninth and Mason streets last
spring in the big wholesale house formerly
occupied by Steele, Smith & Co., at Twelfth
and Jones streets.
The business of the company has sus-
tained a substantial increase since / came
here two years ago." said Manager Starr.
Eve have recently been adding new lines
and the present building Is so inadequate
| that we have had to store great deal of our
stock out on the platforms. We have sorely
! felt the need of additional store room and
realizing that there is a great future for the
| implement business in Omaha, have decided
| to supply 1t in such manner that we will
| be in position to secure fair share OF the
business of the future. We think We have
secured the best location in the city and We
| Intend to erect thereon one OF the mos
modern and substantial implement ware
| houses in the world.
Last season Mr.. Kingman doubled the
! capacity of the Cordage company's works al
! Peoria, H., and he has just completed, al
| Ayeryyille, a suburb of Peoria, the erection
Of one of the largest and best plow factories
in the world. We are making provision In
this movement for disposing OF the product,
Of these factories. as well as increased quan.
titles OF the implements we handle The
Kingman establishment has it's central OF
parent house at Peoria, with branches al
Omaha, Des Moines, St. Louis. Kansas City
! Minneapolis and two or three other points