Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-12-10
REAL ESTATE.

Years Buildins--A Probable Scarcity OF
Business Houses.
Ihe past week has been very dull one
In real estate matters, and the transactions
TOT the week foot up only $135.4O0. The
Total amount as shown by the books of the
register of deedsmarks a decidedfalling of
from the preceding week. Still it is not at
all unexpected, and was predicted by
real estate dealers. Though this
Is the situation as to the
the amount OF transfers, no one should be
deceived as to the tone of the market. If
any person. judging from these figures.
has his ideas aroused by visions of picking
up real estate cheap in st. Paul, let him
come into the market here and try his
hand at it. He will soon find that it will
take a pretty long purse to enable any
man TO buy real estate in this little village,
1t will be noticed by the transfers to be
found below that Mr.. D. c. Shepard has
purchased two lots, or 100 feet square, on
the corner of Third and John streets. This.
it is understood, he intends to improve i'm
mediately by erecting thereon large ware
house. He has just completed a block of
two stores, or 100 feet front, on lower
Third street, Since that he has purchased
more real estate east of the block he has
just completed. which, it is understood, he
intends to improve soon. Mr.. D. c. Shepard
has been a railroad contractor for many
years, has had large experience in business
affairs and can grasp an idea when he
sees 1t. He has been out on the Northern
Pacific railroad, and knows also what the
st. Paul u Manitoba road is doing
He knows what will come next summer
when the Northern Pacific road shall
have united again the waters
of the Atlantic and Pacific. He
knows how st. Paul will be
cramped for buildings, in which the add
tional business shall be transacted. 1t
will then be found that we have not half
room enough to DO the business in. In
this connection it may be mentioned that
these two lots that Mr. Shepard just paid
S20.500 for. were bought by Hon. Alex.
Ramsey but two months ago for 81, OO0.
He:e IS pretty fair example of the
jumping up process in real estate in st.
Paul.
The foundations for the Norman Green
block on the corner of Fifth and Wacout ia
streets, 100X130, five story block, are 60
ing in.
The excavations for Noyes Bros. &
Cutters block on Fifth street, 7Sx13O, are
being made.
The piling for Nicols & Deans block on
the corner of Fourth and Wacouta streets
is going in as rapidly as possible.
IN oct Ii
commenced here, and for two or three
days thereafter Ethe Ecold was 80 intense
that it was supposed the last chance for
working on the walls of the unfinished
buildings was gone; but the last two or
three days of mild weather is such that
work can still go on as before. About all
the buildings, the walls of which were ex-
pected to be completed have bsen, and
everything is pretty nearly satisfactory.
Building throughout the whole city still
continues pretty nearly as vigorously as it
does at any season of the year, and the
tone of the real estate market is solid,
firm, independent and confident, and
it matters but little whether
the transactions are 100000 or 100000
the market remains Just the same. A few
sales more OF less are not material.
Transactions fer the Week.
The following are the transfers filed for
record with the register of deeds during
the week just closed:
d. w. Ingersoll to j ohu Pinger, lot %,
block i, of Asylum addi ton No. l, $500,
ALagnus Nilsson to Chas E. Larson, lot
10, block sc, of Arlington HIPS addition,
1915.
E, G. Rogers to Soloman Bergman,
lot IL, block IL, of Whitney & Smiths ad-
dition, $4,000.
Martin J. Swanson to Augustus K. Bar
NUN, lots and 3, section 20, town so,
range %, $4,000.
Anna NJ. Rice to August Hanson, lot 4,
block 1, Edmund Rices third addition.
$500.
Martin n. Leahy to Edward G. Rogers,
lot "A, block 80. of Dayton Irvine's ad-
diticn, $500.
Caroline Kinning to Henry E. Wedel-
staedt, part of lot 1, block 4, of Hoyt's ad-
dition, $4,000.
Chas. e. Plummer, to Elizabeth w.
Mickey. part of lots 10 and IL, block s.,
Woodland Park addition, $4,000.
Chester Hitchcock, to j. Owens, lot Is,
AOIOSh AO., AOdISiiti1l ouultlcu W NcSt Dr.
Paul, $1,000.
Virginia S. Peugnet, to Terrence Ken
ney, lots 1, 2 and 3. block 81, Of Kittson's
addition, $4,000.
Andrew Erickson, to Erick Novel;, lot
10, block -, of Stinson's addition, 81 $50.
A. J. Wampler, to P. Sexon, lot 8, block
5, Nininger q Donnelly's addition to Hol-
combe's addition, $3.50.
Silas B. Walsh, to Chas 81. Boardman,
lot 81, block s, of Summit Park addition,
$625.
Maurice Auerbach, to Chas. H. Wright,
lot 1, block 10. in the town Of White
Bear, $3.50.
Russell c. Munger to Alfred N. Soren-
son, lot 3, block 2, Niningsr d Donnelly's
addition to Holcombe's addition, 1925.
Josias n. Rogers to Patrick Kenney, lot
10, block 3, Edmund Rice's Second addi-
ton, $3.50.
Henry S. Fairchild to Albert Sheirer, lot
50, block 4, Stinson, Brown & Ramsey
addition, S $50.
Anthem W. Mortenson to The West Side
Land and Cottage Co., n1a OF lot 4, block
IL, Brown q Jackson's addition, $3.50.
Jacob Ellwanger to Peter II. Lebens, W q
of Z of 4 of W of sw a, section IA,