The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1902-12-07
WHOLESALE HOUSES
LEASE LARGER STORES
important Deals on Washington
Indicate Il Great Increase in
st. Louis Trade.
YER STEEG COMPANY CHANGES.
Mercantile Trust Company Dis.
poses Of Factory Sites-Real
Estate Exchange Ban
quet Plans.

que i id!iS.
Advances in realty values and thu "XIen-
| sion az the wholesale mercantile .-crinn
| dong WaShIHEtuu avenue. are regarded as
! the sGrsst pulse Of s.. Louis progress. Two
| :-a! cs,aIe deals lasT week are considered
| y agents 10 r:-au that the solid blocks Of
| Dig Jo3b:nE h..s"s Will soon extend vest
| rom k.gaJ-..lJh street.
| For the last several years Twelfth street
-f- been tire BOUNDARY Of what is known
~ the wholesale G~!>tfirt. but already this
| imaginary i.us has been oDiiteratei. So
| raj big stores are being tt;cG on the |"<t
i"a d: Twelfth street on Washington ave
IUe.
The Dittman Shoe Company yesterday So
tired = suitcase through Sjmue! B""m-n
\ i~oH"tEy uI the bui.GlGg at No ll'' ana
| ~ Washington aV'uG-. :!uEl The N"rSte.S
7ia' ''inpa"N. winch Vii soon my" u
| mud and Fiddle S;r~' : The teim 5 >-E-n
I E-..t= Jai i.s-- MONTHS, 1T an anliih! F-H.aI
~ an ir..gtg:nn o: the Increased values
-asy - s,Asrf: ;.l.it IN May. -" the Nr:-
Sl""E Sn"r COMPANY !.a~'7i TINS I~fottEi!
Trough Samuel LuWEn.D from JuHE W =
.''}'". frl.~l"-. At : sEhda@t-d irh'a. aEr'-
I-..s Sil.'-' 4 year.
IL" ~uhi.as- Yesterday gives the Yer
Ht'-E company ii u : profit Of about 900
upon its .'.-&p!sei contract. TINS mci.eE
"ii h. Used ldls=.y il improving. tn new
warehouse t.h factory size at Third AID
eddie streets.
Within rnr last three years BOWMAN &
-. have made deals on Washington ave
at" each one ~: which represented an az
tension If business facilities Tor wholesale
houses, a%Er'eatinS an an;uai rental "t
NOR" than Ss.HG.,"r. This shows the great
%Iu"ih OF local commercial Establishments.
Tn" DittrIau Shoe Company has out
grown its IIg~nt quarters at the southeast
corner OF Ninth and St. Charles streets.
.ri Will move into the Washington avenue
;.:.,dIng. IL order 10 =,Cure almost double
he >c0." space.
MERCANTILE TRUST DEALS.
For II" sa,-n reason. expansion. the Yer
St".S Company VII! remove TO Third and
Eidi." streets and occupy the Old Mclean
building an: adjacent property recently
an. tiaaEc!7l Company Cor $500. This Will
80 them one Of tie largest pants in the
Since making this purchase. representa-
tvs If railway interests, either the Va
bash or tn" Terminal Association. have Of
i.red the Ne-Stsez company = bonus OF
S5.r," for the property. The offer was 1e-
j"cted. and III" sEOe concern Will sOo2 be
gin the rcnp :"fing OF the Mclean building
:tn! the construction OF u factory adjacent
til.r. 70.
rhe largest deal Of the week was made
sold for the CI4es & L~ennicu;-r IIanUfac-
turing Company the southeast corner CT
! fV" -ty-S-con1 street an" Washington ave
n'.', for $S,!rv caSn 10 August 3: Hart and
l.. II. Scmpl". Trustees IF Mary IL cemrie-
The Ciaes & Lehnbeut"r Company. how
cyJT. VII retain tkr IS" OK the property
! under 4 long lease. Their reason for se!iing
il that they can use ~. capital I" greater
advantage in exteading their business than
by having II tied up III real estate.
our manufacturing enterprise. like
eve; thing else in s.. I.onis.' seid q THn-
Ter OF tn :irni. is growing with sucn leaps
| and bounds; that we had to prepare our
selves to Tnsct til" greater demand. Within
I'll" next few years we expect to see a
s sT2 that Will eclipse anything on rec
Deals Of the kind made for the C;aes &
Lehnbsuter Company have bscon1" common
vrg,l tB. .fz...p-fg. Tr.r-. r.-rr,,z- yrhnSa
officers are alWa.-s seeking to advance the
interests Of any ST. Louis ENTERPRISE thit
rorg WTt G @fiaa wiri show now that ii ths st .st
Few months the Mercantile Trust has placed
many million dollars in investments fnr
volume Of trad" this city enjoys.
FACTORY SITES SOLD.
/ Both in the financial and real estate de-
r2rtmcnts the aim Of tn Mercantile ia TO
Progressively. and yet With conservative dig
| cre.ion. conduct negotiations that will tend
20 hui d Up every line Of legitimate business.
Tn" officers are awake 10 the fact that 81
! 10 ia is growing wonderfully. and they ar.
prepared to 90 a large part in meeting the
demands.
| In The Republic this morning the Mercan-
tile Trust presents Il strong Est OF propo-
| Stti"nS - investors. who will have their
! ch"ic. nf al. sorts OF property. The small
hOrHeEsrker. tho man with a modes: saw
IDgS account. 1nd the capitalist alike are
| appealed tn. The underlying PRINCIPE
throughout il to present investments that
! ne -t- {. 'll1iN sII" ana VII CIV. As good re-
turns as could be had anywhere IA the
| world.
Agents agree that tfit expression. "as
! good a. anywhere in the word" mav be
| nsed advis@diy. Notwithstanding the cragth
Of 81. Louis and thu bright future ;tis city
i; admitted 70 nave. prices 81 really have
shown no imitation Daily sales are being
mad" Whereby Investors got az much as 10
! pr cent interest on capital uIacei in real
"stat" tAHt has reasonable premise Of in
Among the sales mad" by the Mercantile
Trust Company last ~e.k was that IF 4 fac
tory site in North 81. I>o:;is. where the de-
creas.rg. Fred IL. We=terbesk said $3.50,
! for a lot adjoining the Mound City Coffin
Factory on second street. upon which he
| M!!l EJECT a can factory. TO cost more than
A.oth~r deaI inzIrinc al acquisition to
st. L"IiS ms manufacturing enterprises WIS
! announced by the N"-cartiie Trust Com
! ccrrparv Of Nv Jerssy he biz building
at Sos. 1921 and 1le5 St. Charles street.
Th@ M4G9it "2nc";n j. a branch Of the
fo.ud that the trade in this section de-
mants a hg plant for the manufacture of
/ 1t is stated hat this enterprise will give
employment 70 s."eraI hundred persons.
EXCHANGE BANQUET.
FxtFaorIira-y irteTast attaches to the an
HGPI banquet % The fi"a' Estate Exchange.
! Wric'I w:!i axe p.a." 1t the Planters Hotel
sutiects VII ae discussed bearing upon the
! Ir'irr p-"p"rrv o"rsrs should pursue In
| noting ire increased demand for home and
ou- a.s- si'"s due To the natural growth
Of tn" city and also to the abnormal coudi-
! :;ria crow nS az II the World Fair.
I Among tie members Of the Real Estate
| E."4Hr"e arc Toen identified with every
brand Of industry not technically connect
ed with the barter ard sale II realty. At
f. n i broad point Of view, subjects which
v.;aI!y concern future improvements in st.
/ Louis. Among these gubiectS will be the
pressing need ~ more hrst-class hotels.
President william A. G:raidir Will act as
| ~toastTaGter. and among the speakers will
he Frederick W. Lehman. Isaac II. Lon
! berger. 9 4. Fl. Mills. Jssse Mcdonald
: and John Schroers. The last named gentle
maj: viii discuss the old and new CIty
. Charters and proposed amendments.
Violin and piano solos. songs by the
knickeTbOcker Quartet and tenor solos by
:. A Buse will he special features Of the
entertainment In connection with the ban
guat. The committee in charge IL COM
posed Of @. ". Niernan. G. +. Mueller ard
J. NJ. Donovan.
L REPORTG