The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1902-04-06
Mercantile Trust COMPANY.

The Mercantile Trust Company report
perienced for good houses for rent and
lease. This demand is for manufacturing
property. as well as residences and fats.
and comes largely from newcomers to the
city for flats and residences. while for
from local concerns whose business is ex-
panding.. as well as from outside COM
panies desiring to take advantage OF st.
Louiss great commercial prosperity.
The Mercantile Trust Company also re-
port that they have recently gained many
new rent accounts. some with very large
rent rolls. and that during the past year
the volume of their renting and leasing
business has almost doubled. necessitating
collectors. Thi. company has three or four
buildings under course of erection for
tenants. and have made a number Of leases
In office buildings they report a healthy
demand. In the Emile building offices were
leased during the past week to D. D. Fas-
Accident Company. In the Ratio building
to Charles r, Brooks. Also leases of sew
eral smaller offices in the Gay and Republic
buildings.
This company report the retail Of a large
number Of residences, and have been unable
to supply many parties with houses owing
to their rent list being SO reduced. T he
rental of flats has been as numerous as
the supply is limited.
Basing an opinion on the number and
character of applications for buildings of
various kinds. this company believes that
the number of houses in course Of construc-
ton IS not sufficient to meet the increas-
assure investments in St. Louis real estate
to be safe and profitable.
The Mercantile Trust Company will sell
the big Wetmore Tobacco plant under the
hammer" on Monday. April IA. at noon.
The property is a massive five-story and
basement, brick. iron and stone building.
from Thirteenth to Fourteenth streets.
fronting 3l feet on the former street. This
building was originally erected by the Hay
docks as a carriage factory. and when the
Wetmore Tobacco Company took posses
sion over 10000 was spent in substantial
improvements. The building contains over
go 900 square feet Of floor space. being d.
vided into three sections. rendering 1t suit
able for warehouses and factories. The
other machinery. A number Of parties have
looked over the premises. The agents state
the property must be sold, and the sale
will be held on the premises.
A sale of West End lots on Kings high
way, opposite Forest Park. is announced by
the Mercantile Trust Company for Satur-
division extending from Taylor avenue west
to Kings highway. and from Clayton road
to Gibson avenue. The situation Is high.
trees planted. At this sale the unusual
terms of only 10 per cent cash and balance
of $40 a month have been made. and with
a lot in the Worlds Fair City facing
Forest Park and Kings highway boulevard
The Mercantile Trust Company also an
nounces that they will hold an auction sale
on May s Of a number of lots and a bust
ness corner in the West End. east Of Taylor
avenue.
h Haydel Realty Company.
No. 2ss7 South Jefferson avenue, new |
eight-room brick dwelling. with lot 35xl2o.
for A,7O0. from Apple & Hemmelmann Real
Estate Company to William F. and Cecilia
Stubinger. who will make 1t their home.
No. 4245 West Belle place. a modern six
room brick dwelling. with lot 2Ox156, from
II. A.. Piednoir. Jr, to ]. w. T. Houston. |
for $3.50. a bargain.
Also business lot on Meramec street. OPP
posite st. Anthony'a Church and east Of
Compton avenue. 30x125 feet, for LISTS. from |
Miss A.. NJ. Stumpf to Mrs. Barbara Bopp, |
who will build a store and modern fats.