THE ENQUIRER, CINCINNATI, WEDNESDAY, MAY 4, 1921
REAL ESTATE AND BUILDING

scans from newspaper collection of
Ruth Adams-Battle

transcribed by Liz Stratton

REAL ESTATE AND BUILDING

     A 9 to 10 per cent increase in the lower grades of yellow pine lumber has reached the Cincinnati market, the boost becoming effective this week.  The gain has been anticipated in building circles for a month at least, but many builders felt that it would not strike the market before the middle of summer.
     The increase is attributed to a natural demand for the product, together with a gradual recovery of the price tone of the lumber market.  Prices of lumber of all building commodities broke faster and more unevenly than other essential materials.  This was due to the fact that for months there was no market for lumber and consequently the mills disposed of their supplies at low figures in order to obtain cash.  The general resumption of building, particularly in the residential market, according to one wholesale lumber merchant, has given those dealing in yellow pine a change to again take charge of the market.
     This is the first article in the building line to be boosted since the peak was reached followed by a downward trend last year.
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     The Le Montree Manufacturing Company, making garment hangers, with a factory at New Richmond, Ohio, has bought the property at the northwest corner of Seventh and Sycamore streets, part of which has been occupied by the corporation for office purposes.
     The holding was under lease to Dr. Harry C. Mensing, the fee being held by the John Hauck Brewing Company.  The deal was closed through Harry J. Meents, broker, with Nelson J. Cramer, attorney, representing the buyer.  The corporation takes a five-year lease on the balance of the purchase price, the parcel selling for $23,000.
     The lot is 30 by 100 feet, on which are two separate buildings
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     W. P. Rogers, former dean of the Cincinnati Law School, who recently purchased the McAlpin homestead property on Lafayette avenue, in Clifton, is  in a hospital in New York City about to undergo a serious operation.  Just before leaving for the East several days ago he awarded through Elzner & Anderson, architects, part of the contract for alterations to his new home to James Griffith & Sons Co.
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     Henry J. Heilker, attorney has bought as an investment eight frame dwellings, 2811 to 2874 West Sixth street, with a frontage on Sliker avenue and extending to Mr. Echo Park.  The property belonged to Mrs. E. L. Hamlet, a nonresident, and was sold through Cleneay & Nourse, brokers.  The group was held at $7,500, but sold for less.
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     Weigold & Benz, builders, have broken ground at 950 Oakland avenue, Price Hill, for a five-room brick bungalow, the total investment being $8,000.
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     R. Peters, one of the owners of the Norwood Garage, and L. Doughman, who jointly bought the nine-room brick dwelling of James Stone, 3930 Elsmere avenue, Norwood, have disposed of the property through the Charles H. Willliams Real Estate Company to Mrs. Mary Daly.  Mr. Peters purchased through the same agency the five-room brick bungalow of Fred Smith, 2234 Buxton avenue, in the same district, the two parcels having a valuation of approximately $20,000.
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     John Clark, contracting teamster, acquired as an investment the flat building northeast corner of Chase and Turril avenues, in Northside, the seller being Ed Koetter, who received $16,500.  It was sold through the George Ludwig Realty Company.  Mr. Koetter has bought the dwelling at the southwest corner of Delaney and Ella streets for a home.
     The realty firm also sold the dwelling of Mrs. Rosa Backer, 1674 Springlawn avenue, Northside, to Raphael Harris, in the cigar business on John street, the price being $4,600.
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     H. C. Boelleke, 3508 Reading road, plans numerous changes to the two-story brick dwelling, 1328 Regent avenue, Bond Hill, bought from Robert S. Alcorn, attorney, through the Frederick A. Schmidt company, the price being $5,000.  The lost has a frontage of 60 feet.
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     Garage real estate, known as 217 and 221 East Second street, belonging to Henry Diesel and John D. Roberston, has been the subject of a sale., but the identity of the buyer, who is credited with having paid approximately $30,000, has not been disclosed.  Title to the holding, with a frontage of 87 feet, was taken yesterday by E. M. and R. J. Costello, of E. M. Costello & Son.  Mr. Diesel has taken a lease on the property at he southwest corner of Second and  Baum streets, with the privilege of purchase at $6,000.
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     The residence of Harry R. Nielson, on Grandvista avenue, Pleasant Ridge, with lot 100x200 feet, has been bought by Lawrence and Ollie Slaback, for approximately $17,000.



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