Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-06-18
TRANSACTIONS In EARTH
Thei II Al Estate Record oil the week
Prices Below what the Actual Merits
Warraut-A Big City with Still Big
ger Future Where There IS Solid Adj
1880 Iuishnut WILD Snscula alton.

yer Future Where There Is Solid AID
vance without Wild Speculation.
The real estate transactions of ST. Pau
foo; I'D 10 $4,000 for the week, which is {
little under The regular figures. There have
been several transactions, however, OF some
size that have not gone on the record, notably
that of the NcCtrger block, TO Messrs. SnVsI
and D4wson, for $4,000. Il is not matter
OF much account, however, inssmuch as
there is no perceptible change IN the market
All the transactions mean business. There IL
no speculation, bus all CD luges in ownership
mean perm anent improvement OF some descrip
ton. The character of the transfers leave nc
doubt on the minds of any as to the solidity
OF the market. In this connection there Is
another consideration. Real estate in st.
Paul, notwithstanding all the booms in al
the towns in the northwest, is very low
With the exception OF parts OF one or two
business streets, and perhaps parts OF one OF
TWO avenues, real estate here is considered by
business men TO be not nearly up to the fig
ures it will bear. All parts of the city seem
to be growing and improving in about the
same proportion. There is a steady, gradual
improvement, and good healthy tone char
acterizeS the market throughout The new
organization in West st. Paul, the purpose OF
which is to enable poor men who do not own
lots to buy and pay for lots and houses, IS
working well. n the building societies
men must own their lots. Then they
can borrow money with which to build. This
organization furnishes lot and erects the
building, giving the purchaser an opportuni-
y of paying for the whole in monthly install
ments. This plan gives man home at once,
and is doing a good deal to build up West st.
PAUL ba M
provement company, both recently organized
on this side OF the river, will be very impor-
tant aids in supplying cheap houses, and
suitable business houses to those who need
them. The recent opening up of Palace addi-
ton, on Summit avenue. by Messrs. Creme,
Clarke and Oppenhelm, gives people who de-
sire lovely location on the great avenue of
the city an opportunity TO obtain lots
there at very reasonable rates and in
a most desirable location. The report that
Mr.. George L. Otis has sold his property on
Summit avenue to j. J. Hill is not true. No
such sale has been made. Commodore Kit
sons new residence, of Kasota stone, on Day
ton avenue, is progressing very satisfactorily,
and when completed will be very elegant as
well as imposing. Buildings are gong up all
over the city with great rapldlty, and still
there are too few of them TO begin to meet
the demand. The foundations are going in
for Dr.. Stewards new residence on Washing
ton street, which will be very handsome when
completed.
CHEAP HOMES.
Every man who can should secure. him a
home, and with seventeen lines OF railroad
converging in st. Paul, bringing in traffic and
business of vast area of fertile country, the
day is not far distant when our population
will again double This means that hundreds
of acres Of land adjoining the city win be
converted from farms into residence property.
As the streets stretch out from the main CEN
ter and the building boom increases, the price
Of ground will naturally advance, so now is
the opportune time for men TO secure them
selves cheap homes. Cheap in the sense of
not having to spend fortune to secure the
lot on which to build home. With all the
world adjoining 81. Paul there is no good rea-
son why a man should have to
spend two or three thousand
dollars TO get lot on which to build a cot
tage. In fact, by gong out three miles, on
az excellent road, to Como Park village, lots
can be had at from $3.50 to $500, and it prom
Uses to be just as desirable point to live atlas
Palace, or Summit, or Woodland Park addi-
tions. The nearness to Hamline university
always insures the best of school facilities
and the Manitoba railroad always insures fire.
quent trains aud cheap fares to and from both
cities. The men who are now buying lots in
themselves cheap homes but they are making
investments that will increase as rapidly as in
any part OF the territory contiguous to tue
dual cities. Everything is going to boom in
that direction within sixty days from this date,
as the street cars will by that time be running
on University avenue.
The following are the recorded transactions
for the week.
Robert A. Smith to John c. Brennan, east
half of east half of LOT 8, of Irvines addition
OF out lots, 81 900.
Amanda Turnbull to John &. Brennan, SIS
feet of Beaumont street, east of lot Il, Irvine's
out lots, s. $50.
Samuel T. Bennett to James II. Woolsey,
lots 30 and 50, block II, Holcomb's addition,
$1,000.
John Morgan TO James Mitchell, lot Is,
block +, Woodland Park addition, $500.
Chas. W. Brown to Gustav 4. Hoffman, lot
2, block 25, Of Warren & Rice's addition,
$1,000.
James H. Gildea to Henry Meyerding, Jr.,
tsest half of lot 8, block +, Rice s. Itvine's ad-
dition, $3.50.
Henry Meydering, Jr., to the st. Paul Arm
DRY ASSOCIATION, east half of lot 8, block 5,
Rice 81 Irvine's addition, $1,000.
Jens P. Hansen to Bernhard Knudson, lot
1, block 10, Smiths subdivision of Stinson's
division, 1925.
Curtis a. Hughes 10 Amanda C. Horns
berger, lot and east half OF lot 5, block Is,
Woodland Park addition, $1,000.
Robert P. Lewis to John T. ConyerS, lot II
of r P. Lewis subdivision of block 1G6 L.
Dayton's addition, $3.50.
Robert P. Lewis to Edward Hass, lot %,
block 4, Lewis addition, $500.
Charles Schuler to Joseph Silk, lot IA, block
2, Mackubin & Marshal's addition, 5000.
Melvine Hendrickson to II. J. Hamm, west
half OF southwest one-quarter OF section 25,
town so, range %, 81 900.
Herbert J. Hamm to John Karkosski, west
half of southwest one-quarter of section 25,
town so, range IS, $500.
Patrick T. Kavanagh to Helen Z. Brown,
lot of Park Place addition, $4,000.
Olive B Danforth to Miner Ball, one acre
of land OF the southeast corner of the north
half OF the north half of the northeast one
quarter of section %, town 80, range %, $500.
Catherine c. Nelson to John Mahoney, lot
S and part OF lot Z, block 2, Niningers addi-
ton, $500.
Anna Kredel to John McDonough, lot 81,
block 90, of Lyman Dayton's addition, SITS.
Amelia S.Macy to Ira Bidwell, north half of
lot /, Bidwelrs addition to West st. Paul,
1886.
Robert a. Smith to James S. Mcmillan, lots
II, 10, Is and Il, block 4, Dawson & Smiths
addition, 5000.
Frank F. Shanda to Joseph Kolar, north
west half of lots and 2, block 9, Terrace
Park addition, SS75.
Amanda Turnbull to Casper E.Frost, north
west corner of lot 4, of Irvine's outlets,