The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-07
nue.. Mcpherson avenue. Maryland avenue.

nue.. Mcpherson avenue. Maryland avenue
Hortense place and the north and souti
struction. AT least a dozen residences ar
in process OF construction along Berlin ave
nue.. while the other streets show up well n
this respect. Malcolm Macbeth has severa
houses in course OF erection on Marylant
avenue. as has {. X. H.. Davis on McPher'
son avenue.
the week concerning the site likely 10 bs
chosen by the Castle Square Company fol
ito new theater. 1t is recognized that the
company must have a home of It's own. but
estimates as to the probable site have al.
ways been placed downtown. Ninth and
Olive streets, the site of the present Emile
building. being regarded as the most likely
location. The rumor OF last week. however
concerned Twelfth and Olive as the possible
location.
Plans are already made for two of the
available corners of these streets. while q
third. the southeast corner, is occupied by a
business ho:se. But the northeast corner Is
occupied 10y a row of di!apidated. iil-condi-
toned little shacks. one and two stories in
height. the absence Of which would improve
the property immensely. 1t is said that this
site Is under consideration for the new thea
ter of the Castle Square Company.
Oba Site of New Thcater.
Nothing definite can be learned in this re-
spect as yet. but the plans for Twelfth
street corners row In existence will make
the site a most promising one If it is finally
chosen. From the westward trend of the
wholesale houses and the hotels projected
Tor twelfth street 1T appears as If it would
t~horoughfare by the time of the Worlds
Fair.
For the southwest corner of Twelfth ana
up and the building will be erected on the
site of the old Merchants Hotel by the
bradiord Realty Company. The northwest
son, formerly a Miss Lucas. while the north
ern half of the block, extending to Lo-
Gust street. is owned by Thomas Hayden.
A hotel is talked Of for this site. but no
definite arrangements have been made.
Adjoining streets running east and west
have felt the effect of the Twelfth street
projects, notably Pine and Chestnut streets.
charge report that there is increased inter-
est aiken in sites between Tenth and Four
teenth streets, while as soon as the plans
for Twelfth street nave reached the definite
rers. it is predicted that there will be a
great interest in the value of property on
Chestnut and Locust streets between
Twelfth and Thirteenth.
The increase in property values has been
marked in every case. Leases now made
are on a bisis of 4 per cent of the value of
creased in future leases if the heavy de-
mand continues. which it is expected to do.
Real Estate Exchange Election.
Among the real estate men, next to the
activity in their business. the most inter-
esting topic is the question of the election
at the Real Estate Exchange. which will be
helo lueSuay. april 10. nominations Tor
president. vice president. directors and 9TH
er officers must be made before April. 3.
but as yet no nomination for president has
been filed with the secretary. although it is
known that several candidates are being
advocated by their friends. Among the
number are Z. c. Rowse, Joseph p. Whyte.
Robert Rutledge. L. G.. McNair and F. G.
change are being pushed by their friends
for this Office and for the office of vice
and director. 1t is expected that
Monday will see the majority of the nomi-
nations bulletined at the exchange. Nal
colin Macbeth, president of the exchange.
date this year for reelection. His third
term will expire April Is. and he wishes to
devote all his time to business for the pres |
ent. His friends have advanced him as q
but he has declined to run for
the office. His last two elections were !
unanimous, no other candidate being nOmi-
In the first five days OF the present month
l41 real estate transfers were recorded.
amounting in value to 1861, 736. In the same
time 13 deeds of trust were filed. amount |
InG to $3.50. 451. This record promises eX- |
tremeiy we'll for the month. The transfers !
handled by the Mercantile Trust Company
and the sum total of the presen,
year is likely to be a recOrd-breaker in
of magnitude.
A firm Likely TO move to this city In the
hear future, or at least to establish a plan.
mere. is the w. H. O'Brien Foundry COM
cured an option on the northeast corner OF
Grand avenue and Carolina street. a site
feet by 40, and it is said that the firm
starting a branch establishment
here in the immediate future. The prop
erty is owned by Patrick O'Malley.