Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-09-09

Au0 oACItoAuonL CduScu Uy tuS great Cci-
ebration in honor of the opening of the
Northern Pacific road from St. Paul to
Portland, ORGY on, and the time taken to
prepare for the same, left but little time
during the past week to talk up or look up
real estate matters. Pretty much all kinds
of business suffered good deal on account
of the great occasion, and very naturally,
too, as it is seldom in the history of city
that more important event happens than
the one celebrated last Monday in
st. Paul, over the completion of the North
ern Pacific road from st. Paul, its eastern
terminus, to Portland, Oregon. 1t was
great event in our history, and it was
proper that its occurrence should be suit
ably oommemorated. From st. Paul, in
Ramsey county, Minnesota, to Portland, IN
Multnomah county, Oregon, is nineteen
hundred and eleven miles. Starting from
the union depot in st. Paul, at the foot OF
Sibley street, the steel rails of this trans
continental road extend out over prairie,
and river and mountain till
the great waters of the Pacific ocean are
reached. The history of this road has
been many times written, and its import
ance to st. Paul has been dwelt upon
Although the road has purchased large
quantities Of real estate here for the pur-
pose of constructing large car shops, round
houses, machine shops, tracks and other
terminal facilities, and although this will
add to the general prosperity of st. Paul,
yet all this is one of the more minor con-
sideYations when reviewed in broad and
more extended contemplation of the great
work that now spans the continent from
st. Paul to Portland. The country through
which it passes is now comparatively IN
settled and almost unknown region. In
| few years the vast prairies will be filled Hp
with an industrious and thrifty popula-
ton, cities and towns will grow up and
thrive at the functions Of the rivers and
the road, and SO all along from st. Paul to
Portland will be strung, like dia-
monds upon golden chain,
wealthy and populous and influential
cities, each one of which will have COM
MERGE of its own, and all will be busily
engaged in trading and making money, so
that with all the splendid agricultural
country and the inexhaustible richness of
the soil to sustain them the vast population
that will gather along the line of this
road, and for miles on either side of 1t,
Will constitute an opulent empire the rich
ness and importance of which cannot be
estimated.
With such a vast change in the country
west of US, with such an accumulation of
wealth in the valley of the Red river and the
James, along the Missouri and the Yellow
stone rivers with all their ten thousand in
dustries, such as saw and grist mills, ele-
vators and all varieties of manufactures,
with thriving, industrious communities, St
Paul must necessarily take lively inter
est. Our wholesale jobbers will be called
npon to furnish supplies to the great ar
mics of industrious artisans and laborers
that sooner or later will be marshaled
along the valleys of the Red, the Missouri,
and the Yellowstone, and upon
the broad, rich wealth yielding
prairies that to-day invite the
husbandman and tempt the farmer. Even
at this early day, while this new transcon-
tinental line has been open but few days
our dealers have felt the impetus given to
business. The hotel registers show the
arrivals from Portland, New Tacoma, and
other points in Oregon, and all along
through, Montana, Colorado, Washington
and other territories, out in the great west
They come to trade and daily, now, large
freights go out from st. Paul, over this
transocntinental line to all points IN the
west clear to Portland, Oregon, while
from Montana and all through
the grazing country near the Rockies come
in car load lots to st Paul, thousands upon
thousands of the Montana cattle. OF
course, in view of all these considerations
it is not surprising that st. Paul with her
| wealth and commerce, occupying the COM
handing position that she does, should
look upon the completion of this road for
the accomplishm ent of which she has
labored so long and so earnestly, with
more than usual interest. 1t was fitting
that on the completion of this great work
st. Paul should signalize her rejoicing in
the graceful and elegant manner in which
she did. What it all means
is long step toward
the accom- lishment of the predic-
ton made by the late Secretary Seward.
1t means car shops, machine shops, and
all the industrial parphernalia that goes
along with great railroad when compile
ted, and consequently increased trade and
business generally in st. Paul, more and
larger warehouses and wholesale houses,
and last, but not least it means multi
plication of our manufactures. These are
among the leading features of the results
which beyond question will prove to be far
more extensive and important than any of
the people of St. Paul to-day believe.
THE MARKET.
With two or three days taken out of the
week for the great Northern Pacific cele-
bration not mnch is left to brag of in the
way of transactions in real estate. Bust
ness, however, has continued along with
considerable activity after all, and it can
be safely said that there is an improved
feeling all around. Rather more people
than usual have been looking around pric-
ing property and hunting about generally.
The prospects are that the real estate
dealers are to have a little i'm
provement this fall, and that
the next year we will see
real estate year such as we have never be-
fore seen in st. Paul.
WHITE BEAR LAKE.
Mr.. Gates A. Johnson, has Just complet-
ed the plating of Ramaley's park, at
White Bear lake, opposite cottage park
station, and these very desirable lots are
now for sale at exceedingly low prices, and
upon very easy and liberal terms. There
is no doubt that this is the most desirable
lake property now in the market. 1t is