Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-08-05

The real estate market during the week,
up to Friday Afternoon, was very quite,
and for the whole week the sales, accord
ing to the records of the register of deeds
Office amounted to $4,000 only On
Friday afternoon it became known that
the site for the new hotel had been deter
mined upon and that the long Imooted
question had been settled by fixing that
structure on Seventh and Robert streets
Of course this was signal for
a general scramble for corner lots, and
eligible points for money making in real
estate. Syndicates were formed and
pools and rings were multiplied in a very
lively manner, and every body started cut
| on still hunt to catch the uniformed
! who had not learned of the location of the
big hotel and, of course, did not know of
the natural increase in the value of their
property. Some such were found and
contracts were made at once. The excite
ment in regard to the matter was con-
tinued ali day yesterday, and everybody
who had any money, and a good many
who had none were scam Sering
around for the purpose of picking up bar
gains, and large amount of property
really changed hands though, the time be-
ing short, deeds were not passed. These
will come in the future. These substan-
tial transfers do not, of course, appear
In the list below, for the reason that the
deeds have not been filed.
1t is well known that a special commit
tee was appointed some weeks ago to look
up site for the new chamber of COM
merce building, that it is intended to erect
for the use of the chamber. This com
mlttee Will not say, even now, that it has
fixed upon a location. 1t was well
enough understood that the committe was
waiting for the hotel, and that the situation
OF the chamber of commerce building
would depend largely upon the location Ot
the hotel. Now that the latter has been de-
termlned it was thought the committee OF
the chamber would have no more DISPOSE
ton to keep Its action from the public
The committee, however, thought different
ly and declined yesterday to say anything
upon the subject. 1t is we'll enough known
however, that the committee decided
to recommend the purchase of what i:
known as the Brewster property on tht
southwest corner of Sixth and Rober
streets. This was the current report yes
teraay, but the committee would not speai
) a word on the subject. This location would
bring the chamber of commerce very neal
T to the big hotel, and would have a strons
tendency to centralize business on Rober
street.
In view of the final location OF the hote
several quite large sales of property wer'
consummated yesterday, and many NOR,
were all but com pleted. Fairchild d Da
wilson sold the corner of Jackson ant
Sixty streets, twenty-five feet, known a
the old Spread Eagle" place, for $17,5OO
. which is 500 per front foot. The sal
was from Commodore Davidson to Rober
Mannheimer. The same firm also sold TO
z. Z. Skidmore lot 9 and third of 10
II, block 4, st. Paul proper, to Annie 6
BartO, the same being fifty feet, TO
$12,500. The same firm sold for Minneap
oils parties lot 3, block 8, st. Paul proper
for $4,000, the purchaser being Commo
dore Davidson.
Negotiations have been going on TO
some time for the transfer of the propert,
belonging to the st. Paul Manufacturing
company, on the corner of Sixth anC
Cedar streets. The property is $50 feet OF
Cedar street by 200 on Sixth and the pric
named is 100000. The transaction is no
quite completed but it is understood tina
it is so far along that there is no doub
that it will go through all right.
All the real estate dealers were YER
5 busy and all had their hands full in show
ing property. The present week promises
! to be an active one in the real estate lin,
> and the sum total of the transactions will
on Saturday next, foot up quite heavy.
= The property on the northeast corner O
Fifth and Wacouta 1O0x1OO was sold to N
4 G. Barto for $4,000.