The weekly tribune and the Cape County herald. (Cape Girardeau, Mo.) 1914-1918, 1915-04-30
BUILDING RECORD
IN CAPE TO BE
BROKEN in 1915
One Hundred and One Build
ings Either Under Construc-
ton Now or Planned.
NUMBER SINCE JAN. l
ECLIPSES 1914 RECORD
Building and Loan Association
Accepts Request for $4,000
at Single Meeting.

The construction of more than one
hundred buildings in Cape Girardeau
have either been begun or planned
since January /, according to officials
Of the Building and Loan Association.
| This is the best record this city has
ever made and it surpasses any city
of its size in Missouri.
| To be exact, there are 1O1 buildings
either under construction or will be
within a few weeks. Eighty of these
have been partially arranged through
! the Building and Loan Association.
Loans aggregating $4,000 were made
at the meeting Of the Building and
| Loan Association last week.
: Officers of the organization say
there has never been such activity In
this city before. 1t was predicted in
some quarters late last year that 1915
would be bad year for the construc-
ton of new homes and business struc-
lures, but these forecasts have been
shattered.
The number of buildings already
under construction is about fifty per
cent greater than it was at this period
last year, and the number upon which
work will soon begin, also surpasses
the record of 1914.
Since the first of the year there has
been an average of one new building
planned each day, which if maintained
for the whole year, would surpass any
year in the history of Cape Girar-
dcau.
During the twelve months Of 1914,
there were less than $50 edifices COM
pleted, which WIS slightly less than
the previous year, due, real estate men
and contractors say, to the outbreak
OF the war and the general depression
of business which the war precipitated
Conditions all over the United
States have opened up since the pass
ing Of 1914, and the general optimis-
tic spirit that prevails, is partially re-
sponsible to the unusual activity here.
Crop conditions in this county, and
through the whole southeastern sec
ton Of the State are the best in half a
century. Wheat has reached almost
its full growth, and corn and other
grain is in excellent condition. If the
season keeps up with the record main
tanned to date, the farmers Of SOGth-
east Missouri will establish their high
est mark this year.
The conditions that prevail in this
section of Missouri are duplicated in
every other part of the State as well
as all of the other great producing
sections.
These are the reasons given by Cape
Girardeau> business men for the &C
tivity in real estate in this city.
Since the new year was ushered in,
MattesOn Terrace, a new residence
section has assumed an active pace.
There are several new homes now un-
der construction in that new residen-
tial section and more to follow,
Charles ". Stehr, B. W. Fletcher
and W. &. Schaefer have purchased
lots in this locality for $1,000 each,
and are planning to construct homes.
These, and many more, will be finish
ed during the summer.
Matteson Terrace consists of twelve
large lots and is located on North Pa
cific street, only a short distance from
the Normal School. Bowman Brothers
and Ben Vineyard, the real estate men,
have received many requests for lots
and arc now looking for sites for new
homes.