Daily globe., 1883-06-04
REAL ESTATE.
THE MARKET NOT is 1CTIVE rs
USUAL, BUT PRICES FIRM.

While during the past week the real
| estate market cannot be said to have been
dull it has been rather quiet. and
| that quiet seems TO have been an unnatur-
al one. With the general favorable condi-
tions of general business throughout the
northwest, the appearance of the crops,
and the abundance of money that is
| known to be in st. Paul ready for invest
ment there seems to be no natural
why the reason why the real estate market
| here should not be in an active condition.
The position of matters in this respect is
not at all IN accordance with the natural
laws of trade. There is money enough
ready for investment, there is property
enough to see, prices though very firm
| are not regarded as too
high, and yet sales are not as numerous as
they ought to be. Only one large trans
| action is recorded for the week, and that
is the sale of what is known as the BidwelI
lproperty on the corner of Ninth and Jack
son streets. This property consists of $50
feet on jackson street by 210 on Ninth
street for $4,000. Aside from this sale
| the transfers have been confined to much
! smaller figures. S. Lee Davis sold a lot
for $4,000, to Chas. L. Dickerman, loca-
| ted on the corner of Minnesota and Sixth
streets with a front on Minnesota
street of fifty feet and a
depth Of 100 feet. Upon this lot it is un-
| derstood the purchaser will erect a busi-
| ness block. Eighty-nine lots in Terry's
| addition were sold in the early part of the
week for $19,250. This was an auction
sale and was we'll attended. Theodore H.
Miller sold his homestead on Harrington
avenue, and lot 3, block Is, Rice & Irvine's
addition, the latter being fractional lot
on Third near the Seven corners, for S15,-
900. John Wann sold to Uri L. Lamprey
for $4,000 two lots on Bluff street, adioin.
ing William Davidson's residence.
Henry R. Beard conveyed to
IC. H. Maxey part of block
1 and 2, Pacific addition for S23, 200. This
property is out near elevator A. These
are about all the largest sales for the
week, and do not make very big showing.
The general impression is both among
real estate dealers as we'll as among real
| estate purchasers that good many are
| holding back to find out where the new
hotel is to be located. A most persistent
effort is being made to learn where the
favored spot is to be, and there are men
in town who would pay many thousand
dollars in gold to be informed. This
choice and much coveted piece of informa-
ton has not yet been obtained
by any outsiders though the persons
supposed to be mostly in Mr.. Ryan's con-
tidence have been most persistently be-
| sieged by the ANXIOUS ones. Many think
| there is pointer" in the purchase of the
! Bidwell property by Mr. Langevin, and
| turn their anxious eyes to the we'll known
| property on the northeast corner of Eighth
| and Jackson, known as the Oakes property.
/! and the Constans square, corner of Tenth
and jackson streets. It is not known
whether Mr., Langevin was acting on some
| definite point or n OF, but the feeling is SO
| general that the hotel will be in that re-
| gion that the public are inclined to accept
! it as settled.
| BUSINESS BLOCKS.
The business blocks that are going up in
| st. Paul are more numerous than ever be-
fore. 1t is impossible to enumerate in
the limits of an introduction like this all
the blocks going up. They are of all sizes
and of varied architecture. The following
are some of the principa ones:
A three-story brick block on West Sew
enth street, with frontage of sixty feet,
$35,0C0, belonging to Mic. Gross.
j. L. Forepaugh, Eagle, Third and Fort
| streets, brick block, three stories, $4,000.
| Geo. Mitsch, three stores corner of Sew
enth and Washington streets, now up to
the second story, $25,OOO.
Kelly and Shepard's warehouses, on low
er Third street, $4,000.
Kittson & Mckinney, five or six stores
on Wabashaw street, between Fifth and
Sixth, five stories high, $4,000.
| Noyes Bros. & Cutler, five-story block on
Fifth, corner Wacouta and Sibley, 100000.
| First National bank, corner Fourth and
jackson streets, four stories, 100000.
| German-American bank, corner Robert
and Fourth streets, five stories, $4,000.
| Mrs. J. E. Thompson. five stories, on
| Third below Sibley, $4,000.
| Dennis Ryan, five stories, corner Third
and Wacouta. $125,00O.
! Il. E. Thompson, corner Sixth and
Broadway, brick block, $4,000.
Dr. Wharton, corner Third and Franklin,
| three stories, brick, $4,000.
| James Gilfllan and Charles Faber,
| Chestnut and Fort streets, $25,0OO.
| d. A. Robertson, Fort street, $4,000.
| CFas. III. Eaton, Fort street, $4,000.
| Z. f. Drake, Fourth between Jackson
and Sibley streets, brick block, five stories,
$125,OOO.
Watson & Rice, corner jackson aud
Fifth, four stories, Lake Superior stone,
$25,OOO.
/ Charles Lockhardt's addition to his
block, corner of Third and Sibley, SAC, 900.
Taylor Craig, Fifth street, foar stories,
$4,000.
| 10 Dreis' brick, four stories, corner st.
| Peter and Ninth, $4,000.
Commodore Davidson's Opera house on
Fourth, 100000.
Commodore Davidson and James Fl.
| Davidson, corner Cedar and Fourth streets.
100000.
| Commodore Davidson, three stores on
Fourth between Wabashaw and Cedar.
| 100000.
D. G. Shepard, five stores lower Third