Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-01-14
REAL ESTATE.
The view of the Week anu Record of the
Sales in Detail.


about $4,000, the preceding week, the
market has not shown any noticeable diff
ference in tone or feeling. The natural
conclusion would be that as the sales have
been SO much larger a good deal more
activity would have been seen. This is
not the fact, though. So far
as one could observe the
appearance around the real estate Offices
indicated during the past week rather
quiet market. The fact is large amount
of the transactions, and especially all the
heavy ones are made son the sly There
is general rush for property, especially
for acre lots, between st. Paul and Mime
apolis, and in order to get hold of these
tracts negotiations are conducted through
third persons, persons not connected with
railroads, real estate offices syndicates,
or manufacturing enterprises, and
who would not be sus-
pected of having any definite purpose in
view in making the purchase. A person
owning these broad acres along on the
prairie west of the city is approached by
some harmless and apparently undesign-
ing private citizen, who purchases the
property and the grantor wakes up the
next morning and finds that his acres have
gone into the hands of some manufacturing
corporation and then the recent owner be-
gins to think he made q great mistake in
selling though he got good, fair price for
his property.
Several important tranfers were made
during the week. E. F. Drake transferred
to E. T. Skidmore and A. S. Cassidy TWEEN
ty-nine acres on the Short Line road, on
Marshall avenue, Reserve town, for $13,-
600. 1t is understood that this will soon be
plated and laid out in lots as residence
property.
W. A. Somers, Ed. Somers and Harry
Fuller transferred to the West Side Loan
and Cottage company twenty-five acres in
Prospect plateau, formerly Bells addition
to West st. Paul, for $4,000. This
company will proceed at once
to improve this property by
erecting thereon small, cheap dwelling
houses TO be sold on long time and at rea-
sonable sums. This company has done
great deal in the way of furnishing labor
ing men an opportunity to get homes by
paying small sums monthly.
E. R. Bryant and Louis Fischer, Jr., the
latter the son of Alderman Fischer, have
purchased of Michael Lydon ten and
fifteen one-hundredths acres Immediately
west of the lower end of Oakland cemetery,
on the corner of Sycamore and Rice
streets. This land lies very handsomely
indeed and will make very de-
sirable addition to the city. It
will be on the market soon, probably by
spring.
The largest, and unquestionably the
most important, real estate transaction
during the week was the sale to Greenleaf
Clark of lots 26, 81, 20, 20, 80, 81, 80, 33,
"a, 35, SO, 81, 38, 80, of Wilkin & Hay
wards outlots for $4,000. The purpose
of this purchase is reported to be manu-
factu ring. The whole plan has been kept
very quiet but some of the secrets have
apparently leaked out, and report has it
that the st. Paul foundry now located
down near Lafayette avenue is to be very
much enlarged, with new and more extern
sive machinery, and vastly more capital,
and moved out there, and that the st. Paul
81 Manitoba Railroad company is to have
large and heavy hand in the business.
The whole scheme is now, and has been for
long time kept so very quiet that it has
been very difficult to get at the real facts.
The property was purchased through
Frank Bass, and by him transferred to
Greenleaf Clark.
The indications are that there will be
more general activity ssin building and
manufacturing in st. Paul during the pres
ent year than has ever been known here
during any previous year. These indica-
| tions are continually cropping out not
withstanding there is a studied, increas-
| ing, laborious effort made all the time to
keep everything quiet. Nobody has any
object in buying anything. Some
quiet individual buys $4,000 worth
of real estate and it drops
into the hands of some cor
poration or syndicate, but it is not pur-
chased for any particular object. So far
as the grantee will admit the purchase was
made ''iust for the fun of the thing" and
there is no object in it, but there is an OBJ
ject in it, though, and it ''mean business"
in the spring, and business, TOO, of the
biggest kind.
THE WEEKLY TRANSFERS.
The following is list of the recorded
transactions:
Charles N. Bell to Genevieve P. Ware,
lots % and %, block 5, in Summit Park
addition, $1,4OO.
| Benjamin FARMLAND to Emanuel Good,
block 81, Banning & Olivier's addition to
West st. Paul, $1,000.
| Thomas W. Riley to M. Robertson, lot
10, block 6, of Finch's addition, $500.
Robert P. Lewis to Thomas Sharkey, lot
25, block 3, of Lewis addition, $500.
| Robert P. Lewis to Albert Litzinger, lot
9, block 6, of Lewis addition, 5000.
| Robert P. Lewis to VIM. B. Coveny, lot
10, block 5, of Lewis addition, $500. :.
F. Knauft to Ignatz Brandt, lot Is, block
| 6,of Mackubin & MarshalPs addition, $780,
Ignatz Brandt to Joseph Phillip, south
| one-half of lot Is, block 6, Mackubin &
Marshall's addition, $175.
E. F. Drake to HenryJ. Peters, lot 8.
l. u 4