Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-07-23
REAL BUSINESS.

BE cause 1t is Absolute Realfy-New Addi-
lions Being Made To The Cisy-Increasfpg
Act,yity-Reeord of the Sales for the
Week.
The real estate record for the week
shows that. nearly all the transactions
have been for small amounts, which
multiplies the number of pieces sold, but
does not necessarily increase the
sum total of the sales. The
amount of all the transactions
foot up $4,000, which is little
less than the usual amount of weekly
sales as they have appeared all SUNNI er.
The market still maintains the same
steady, undlsturbed, healthy tone that
has distinguished it all the season.
While the sales have not been for large
sums they are more numerous than they
were the week before. Building in all
parts of the city continues as active as
ever, and in every direction on the
outskirts, as well as in the more thickly
settled portions, the same general activity
prevails, and buildings are going up all
around Additions are being continually
made to the. city by new plats so that the
area is constantly being augmented. No
less than ten new plats have been made
this last week. Five of these were by
the st. Paul Syndicate, one by Geo. w.
Trumbull, one by Paul Martin, one by
Henry Warner, one by Ed
win Winter, and one by
Edward G. Rogers. All of these were
small additions, except the first five by
the st. Paul real estate syndicate. These
were very large. AS these additions are
among the largest ever made to the city
it is well enough to describe them little
more fully.
THE SYNDICATE ADDITIONS.
No. l is bounded by Dale On the east,
Victoria On the west, Ellen on the north
and University avenue On the south.
No. 2 lies between Dale and Victoria
streets, and Charles street on the south
and Edward street On the north.
No. 3 lies between Dale and Victoria,
Blair on the north and Lafond on the
south.
No. between Dale and Victoria, Min
nehaha On the north and Van Buren, on
the south.
These additions cover the property gen.
orally known as the Ramsey farm, on the
finest plateau in the city The street car
track is already laid to the
east line of these additions, and
no lot in either addition is further than
five minutes walk to the street car ter
minus.
Syndicate addition number five is stu
ated opposite the driving park, just out
side the city limits, and is bounded south
by University avenue and north by Min
nehaha street. According to the amended
motor ordinance, the Como Motor COM
pany, when the line is completed, will
land passengers at the east end of this
addition as it runs from Rice on Charles
to the addition. University avenue is
the only avenue in st. Paul that is 100
feet wide, and it is being graded to the
city limits, and half a mile beyond
This is the only avenue connecting the
two cities of st. Paul and Min
neapolis. When the Como railroad is
finished passengers can be landed
at the city hall in twelve minutes from
any part of Syndicate addition No. S. 1t
Will be seen from all this that this prop
erty is the most desirable of any offered
for sale this year. 1t lies high and dry,
is available on the great line of commun-
ication between St Paul and Minneapo-
lis, and we learn will be offered for sale
at very low figures to the first purchasers.
1t is owned by a strong corporation that
has the interest of building up
the city at heart, and that will do every
thing IN its power to make the property
pleasant and accessible Should ST. Paul
grow in the next five years as it has in
the past five this property will be in the
heart of the city. We understand that
the real estate agents generally will have
this property for sale. The main Office
Of the syndicate is at the Office of II.
Greve s. Co., Gilfllan block, corner of
Fourth and jackson streets.
The plating and placing upon the
market of the various syndicate addi-
tions, has had the effect of stimulating
inquiries for lots IN
COMO PARK VILLAGE.
n large number of people who are
looking for homes and investments, dur
ing the past week have gone out to select
lots, and the city map with the plat on
the reverse side is in everybody's hand.
The probability that syndicate additions
will be bought up and improved as
rapidly as capital can improve
them has stimulated parties to turn their
attention to lots that lie so favorably and
which have the advantage of immediate
and quick transportation to and from
both cities.
Welearn that some parties from Mime
apolis and other points in the state who
purpose sending their children to Ham,
line are intending to purchase lots and
build homes IN the new village. When
the corner stone of the girls school is
laid next Wednesday at Hamline it will
be an opportune time for those
who desire to do so to step
over and see the ground and
select lots on which to build. The pros
pect for an abundant harvest is reassuring
all who have hesitated about real making
estate investments, and though August is
ordinarily very dull month, it promises
great activity and steady sales, and Sep
TENDER and October may prove the most
active months of the entire year. Sew
eral sales are negotiated and in process
of contamination. The present outlook
indicates at least very healthy demand
and activity which may swell to the mag
nitude of genuine "boom" before the
entire plat has been disposed of.
GOOD AUCTION SALE
P. T. Kavanagh sold yesterday at
auction twenty-slx lots in E. NJ Mac
O.