Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-04-23

Ing Events.
READERS of the GLOBE have been kept
informed from day to day and from week
to week of the almost unparalleled &C
tivity which has prevailed for the past
year or more in the real estate market in
this city. Commencing over year ago,
there has been constant increase in the
number Of transfers, until at the present
time it can fairly be said that there is a
boom in the real xestate market
in st. Paul-not a boom IN the
wild acceptation of that term, but
healthy, active and increasing demand
for city property. This demand does not
come from spectators, nor is the prop
erty bought for speculative purposes. 1t
is dawning upon the minds of capitalists
that st. Paul is rapidly taking her place
among the leading growing cities on the
American Continent, and that the proph-
ecy of W. Fl. Seward, from the steps of
the old capitol building, years ago, was
not an idle use of words
The unprecedented, not to say
marvellous development of the
great Northwest, stretching west to
the Rocky Mountains and north to the
fertile valley of the Saskatchewan, has
opened the eyes of almost the entire
civilized world to this veritable land of
promise--the home of health, security,
peace and prosperity All this vast en-
pire, it can be seen at a glance, is tribu-
taryt to st. Paul, situated at the head of
navigation. on river which forms free
natural highway for the commerce of
continent--the centre and pivotal point
of the gigantic railroad system Of the
West. 1t needs no prophet to forecast
its future. Here is the grand distrib-
uting and receiving point for vast area
of territory greater than an empire in
extent and as fertile as the valley of the
Nile, where seed time and harvest never
fail and where the earth yields up her
rich productions of every nature to
kiss the children of men. There
are many in this city and State
who will read this edition of
the SUNDAY GLOBE that can recall the
feeble sound of the first low wash of the
wave in this, then far western country.
They have lived to behold that tiny wave
expand into vast human sea, that Is
penetrating into every corner of the
mighty Northwest, turning the wilder
ness into a garden, the productions of
which can feed the world. No wonder
then that thoughtful men and timid cap
italiSts can fOrsee the future greatness of
Minnesota's capital, and it is not strange
that they are anxious to share in the GER
tain prosperity of its glorious destiny.
1t was not the intention of the SUNDAY
GLOBE at this time to indulge in any pre-
dictions of the future, but to deal with
the facts of the present. 1t is all well
enough to refer to the numerous sales
and transfers of real estate, as an index
of increasing prosperity, but the growth
of city depends upon the improvement
of that real estate by the erection of bus
mess blocks, churches, school houses,
manufactures, dwellings,, etc, The
GLOBE need not make mention again Of
the many large and costly dwellings and
mammoth business blocks erected last
year in st. Paul as they speak for
themselves and are already part of the
city. Great as the improvements were
last year, they will sink into insignlf-
canoe beside the improvements of 1882.
Few even of the city readers of the SUM-
DAY GLOBE have any idea of the magni-
tude of the improvements already in
progress and in st. Paul this year, and it
would require even more space than the
SUNDAY GLOBE could furnish to
give them all in detail There
are hundreds, not to say thousands of
small dwellings being erected in every
part of the city, a full list of which it is
impossible to obtain without weeks of
patient labor. They are the prospective
homes of the laboring classes, and while
their cost is not so great their value to
the city cannot be estimated in dollars
and cents. Give a man a home of his
own, no matter how humble it is. and
with rare exceptions, that man is good
citizen.
In order that the readers of the
SUNDAY GLOBE might have
some idea of what is being
done by way of improvements in St. Paul
for the year 1882 it has taken some pains
to collect list of the more prominent
buildings already in course of erection
this season. The list does not contain
the hundreds of comparatively small
dwellings alluded to above, nor does it
contain a large number of costly business
blocks and private residences in con-
temptation, the plans for which are not
sufficiently matured to give to the public
at this time. Some architects and build
ers were unable to supply their lists to-
day owing to contracts being incomplete,
but the record given below embraces only
such as have been absolutely determined
on and are already in process of construc-
ton or under contract.
r.