The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-03-22
new ENTERPRISES
COMING TO ST. LOUIS
HackIng-House and Cracker Fac
tory Will Result From Two
Sales of Realty.
MORE DWELLINGS IN DEMAND.
Big Building Is Planned at Broad
4 way and Pine After Mills K
Averills Lease Expires
Apartment Houses.

A candy and cracker factory. to repre-
sent an investment OF sJe9,OGO, and a new
packing-house, to cost about $4,000, will
result from two of the most notable sales
OF real estate made last week
third sale that OF the southeast corner
81 broadway and Pine street, likewise was
important. Mills & Averill retain a five
year lease on the property. which was sold
ey L. Wen to August Gehner for his SON.
Albert Gehner. for s275,e00
As soon as the lease expires Mr. Gehner
VII erect "a handsome building on the cor
n i The Western Union Telegraph Com
pany owns a lot fronting 35 feet on Pine
street, adjoining the uehner property
which is 60xS5 feet
a Ii Is generally believed that the proposed
SIuetnre VIII be used by the telegraph
fsmpany, which may require larger quar-
Wfs even before the Mills & Averill lease
expires. There is said 10 be little likeli-
mood, however, OF any change being made
on the corner in the near future.
construction OF the 10000 candy and
cracker plant at Fifteenth street and Clark
avenue is expected TO begin in a few weeks
Inc Kansas City concern proposes TO op-
crate IN competition with the National Bis
cult Company and desires 10 enter the mar
ker with its St Louis products next autumn.
y The site OF the new factory was formerly
had been owned By CATHODE societies for
nifty years. 1t was sold through Joseph p
Mhyte Co. and Thomas Farrely for
Credit for being instrumental in bringing
another important enterprise to this city is
which sold 10 the SchwarZschild & Sulz-
berger Packing Company four lots at
broadway and Montgomery street. near ST.
louis avenue. and extending back to the
Wabash tracks.
E. f. Machette. manager of the Kansas
!. City branch of the packing company, stated
bat the investment here would amount TO
10000. 1t is an independent concern.
Construction probably will be started in
DEMAND FOR DWELLINGS.
Realty dealers are again urging the con-
Ter reported sales aggresating $4,000 last
week. and most of the sales were of resi-
dences They state that they can not meet
condition. especially as regards medium
size dwellings of a good type.
The demand for flats also is greater than
J. NJ. Carpenter TO Norfieet Hill a lot 'front.'
ing 443 feet on Vernon. between Taylor and
Walton avenues; Eighteen buildings to
erected. The investment will amount to
A client of the Lincoln Trust Company
will erect handsome apartments on Wash
ington boulevard. near Euclid avenue. and 1t
Is said that they will be rented before they
are completed.
Renewed activity on the North Side of the
Worlds Fair site is noted. F. II. & C. 3.
!Gerhart are negotir ling for the sale of sew
keasl hundred feet Of ground on De Baliviere
0end De Giverville avenues. Temporary no.
fels are projected.
ticipated with the advent of pleasant
weather. and agents believe that more of
this character of property will be sold THIS
eeason than ever before in the history of the
city.
Z Already the Mercantile Trust Company is
ceiling many lots in tho pretty. restricted
suburb. Southampton. Contracts are let for
street improvements to cost $I5s.0Ve and be
finished by July l. Fifty citizens who own
homes there have organized an Improvement
association on a cooperative plan. which is
described as very attractive and calculated
TO make the subdivision exceedingly hand
some.
s The daily meetings ct the Real Estate
Exchange, inaugurated last Monday, have
been successful. IT is believed that they
will grow in attendance soon as IL is
fully realized among the dealers how much
real benefit can be derived from the noon
gatherings.
That the market is much more active
than II was a year ago is shown by the
records, and the fact that since January
1 the Mississippi Valley Trust Company
zlone has made sales aggregating 81, 6Si, 356