Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-04-18
THE ST. VINCENT BOOM

Auother Evening With the Coming Inter-
national City-Nearly One Hundred Lots
Sold st Range from $a6 to $85-Con,in-
uation of the Sale at the Opera House
Tc.Nisht.
The st. Vincent boom which party
of gentlemen brought down from Mani.
toba last week was continued ct Sher-
mans hall last night. Tie hall was
again filed by parties desiring te invest
or interested in the novel manner of
booming real estate.
Shortly after o'clock, Coolican, the
famous auctioneer, stepped to the front
to open the sale. He announced that
double tier of lots around the entire out
side plat of the town had been
sold in Winnipeg. yesterday at a65
per lot, and, being ADVISED OF this fact by
telegraph, they were marked off upon
the map from which the sale was beng
made in St. Paul. After this explanation
he proceeded, much in the same
manner as on Saturday night, to
explain the location of st. Vincent and
the plans for the future. He said they
offered the lots here without reserve be-
cause they desired to interest Americans
in the town. 1t was an American sale
and the people of Manitoba desired to sell
great international city built up and to
do this required the cooperation OF the
men of both countries. The more people
they could get interested the better.
Every man who bought lot. was inter-
ested in working the boom.
The Hudson Bay company had retard-
ed the growth of Manitoba by keeping
its splendid attractions in the back
ground, but that day had gone by and
people were now pouring in with great
rapidity. They had seven or
eight million acres of the
best wheat land in the world
and 1t was being developed. The people
there looked IN this direction for their
supplies, and St. Paul merchants would
find it to their interests to locate
branch stores on the border at
the international city of st. Vim
cent. He recounted the improvements
already contemplated, the railroad and
river development and prospects, and all
the attractive features of the scheme,
An interesting sketch was also given of
the manner in which they "catch on" to
the real estate boom at Winnipeg,
It was further explained that the de-
posts made on purchases were held by
Gen. Johnson, Of this city, who will see
to the delivery Of deeds to purchasers,
and that the title was guaran-
teed to be perfect by the well
known attorney, W. P. Clough.
After these preliminaries the sale was
formally opened. The first bid of the
eve4.ing was s25, the knock down price
being $50 and the purchaser took two
lots. The next sale was one lot, started
at $50 and sold for $55. The
third call started at $40 and
sold at $50, the purchaser taking two
lots. The sale progressed quite rapidly,
lots starting from S25 to $40, and run
ming up at times to $65. Once in
a while a lot started at $40
but none were sold less than s25,
and the great majority went to $40, OF
upwards. One gentleman took fourteen
lots which was the largest single sale
made.
In all nearly 100 lots were
sold at about an average price
of from S45 to $50. They announced
that the map could be seen during
the day at the Merchants, where parties
desiring could secure lots at private sale.
The Opera House has been engaged fol
this evening and the sale will be contin-
ued there.