The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-07
Mercantile Trust Company.

u
The Mercantile Trust Company reports
real estate transactions in the last ter
days aggrcSatinS over a million dollars. the
property sold including downtown bushes:
blocks. hish-class residence property. small
cottages and cheap vacant lots, showing the
activity to be general. They do not re-
gard their present rccord-breaking business
as n Worlds Fair boom. but attribute 1t to
the fact that investors are beginning to re-
aliZe that real estate in st. Louis Is cheaper
than in any city of its size in the world.
rapidly. They state that the Worlds i'air
has done much to awaken interest Of men
OF means 70 the opportunities offered by
81. Louis Real Estate investments.
IN addition 60 those reported. they have
other deals IL. course of negotiation. and
anticipate contiaued activity. A resume Of
their most recent transactions is as follows:
Ninth and Olive street. southwest corner.
four-story brick structure known as the
Emile building. erected on lot 12OxlO9. Sold
from Emile Building Company to l.. y.
anderson, representing Il client of The
Trust Company. The property sold for
si23.N0. There are no immediate plans for
for the present 1t will be remodeled and
modernized and continued as a popular
priced office building.
Seventh and Olive streets. southeast cor
ner. lot 22x5S: leased for nirety-nine years
for account of Captain John A. Scudder.
the lessee being William a. Gill. present
70 4 per cent on $751;. 80. Only a few years
ago this corner was leased for 5000 per
annum. with privilege of purchasing at $780,
600. The basis of this lease establishes the
corner as the most valuable ever sold In
st. Louis, and forcibly illustrates the in
crease of well-located st. Louis property.
No. !226 Washington avenue. a two-story
brick building, formerly occupied as an
office by the Liggett & Meyers Tobacco
Company. Lot 5oXlo0. being east of Thir-
tcenth street; sold for the Continental To-
bacco Company of New York, to Thomas
Dunn. who has operated most successfully
in local real estate. The property sold for
SSo.eN. Negotiations on the part of the To-
bacco company We're conducted through
Paul Brown. managing director. Mr.. Dunn
bought with a view of improving with a
modern wholesale building.
Tenth and Olive streets. northwest corner,
lot 50xlO9. a two-story brick building. leased
for ninety-nine years at 5000 per annuin for
first five years and 5000 for ninety-four
years, with option to purchase in ten years
at $500. 600. from Maffitt Realty and Invest
ment Company to Il corporation composed
of clients of the Mercantile Trust Company,
known as the Tenth Street Realty Com
pany Lease provides for the erection of a
modern building. which will be u credit to
Olive street.
Thirteenth and Washington avenue,
building, lot 40x1S7, owned by Charles Clark.
sold for $1,000, to a client of the Mercantile
Trust Company, who is negotiating. with a
tenant with view of erecting a wholesale
house on the corner.
No. 1890 Lindell boulevard. a modern two
story brick and granite building. containing
eleven rooms and all modern conVerlenceS,
erected on lot 6Sx2l3. with a large two-story
brick stable in the rear, sold for Sam NJ.
Kennard. president of j. kennard & Sons
Carpet Company. to Louis II. Haase of the
A. c. L. Haase & Sons Fish Company. for
SO, 900. Purchaser will make some altera-
lions and improvements in the property ana
occupy it as his future home.
Portland place, south side. lot lWX2oo, be-
ing the seventh lot west of entrance, the
same distance west of Kings highway as
the residence of Edwards Whitaker In
for the account of John kenna for 1880
to Mrs. Mary W. Mckittrick. who bought
for the purpose of erecting a residence on
the lot.
No. 5s42 Cote Brilljante venue. a modern
seven-room brick residence. erect
ed on lot 25x12O. sold to Lebbeus P. Grigler
for $1,000. Purchaser bought for a home and
will occupy at once.
No. 200 Baldwin street. a six.room
brick cottage. erected on lot 2ox1S2. sold for
Matthew Cummins to Mrs. Rose Cass~A 1or
81. SEQ, who bought for a home.
No. 2427 Bacon street, a one-story five |
room cottage. lot 25Xl2O, from Charles p. |
Amos to Charles W. Jennings. sold Tor w.
$50. Purchaser bought for a home.
Lot 3Ox125 on the west side of Ohio avenue
in the block south of Cherokee street; from
Mrs. Jessie Vale Ewing to Anton Hollen-
bach for $3.50. Purchaser bought to buiid.
Cote Brilliante avenue. south SIDE. De.
tween Hamilton and Hodiamont. IN Mount
Auburn, lot 50x12O, from H. c. Ochteroeck
to Mrs. Julia A. Bowen, for sl.SU cash.
Mrs. Bowen will erect a residence on the
Louisiana avenue, east side, 200 feet north
Meacham to Henry Hoerr. for Sl,Vl'.
p,r.hac car bnIpht to build. |