Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-09-16

Than at Present.
The real estate market has only been
moderately active during the past week and
the sales foot up aboutthe same as those of
the previous week. The inquiry through
out the period named has been quite large
and general and there have been a good
many purchasers in msrket. They are
looking out however, for bargains, and
most of them are holding off before pur-
chasing, hoping that something soft will
fall in their way. In this they do not ap-
pear to be at all successful. The value of
property in st. Paul is too solid and too
well established to give any opportunity
for any especially soft things in the way of
real estate purchases. Besides holders of
property here are just as we'll convinced
of the value of property in st. Paul as are
the professional dealers or the purchasers.
| The consequence is that all holders are
very firm, and all buyers are carefully and
anxiously looking aorund. This naturally
produces firm, solid and at the same time
rather quiet market. Transfers are not
very numerous, running at about S150,000
or 100000 per week, On an average; but
the inquiry is continuous and notw1th-
standing the apparent quiet
ness in the market there
Is really great deal of activity. With
everybody willing and anxious to buy and
everybody firm and unyielding in price it
is not surprising that sales should be lin
tied.
QUESTION ABOUT TITLES.
In the early days of st. Paul business in
| regard to real estate was transacted in
very loose manner. The consequence now
is that there is trouble about a large num-
| Der of the titles owing to the fact of there
not being witnesses enough, dates being
| wrong, or some informally that does not
| really make any difference in regard to the
validity of the deed, but which careful peo-
| pie can complain of and demand to have
remedied. This causes great deal of de-
lay in the matter Of recording papers,
| One dealer in real estate yesterday told the
writer that he had in his possession over
had been made out, but the documents
| could not 60 on record at present, as the
purchasers desired to have certain infor-
malities in the execution of the deeds
| cured. The consequence was that
the papers are still in his
hands waiting correction. AS it IS with
| this dealer SO it is with others, and this is
one reason why the transfers do not ap-
pear more numerous.
BUILDING AND ITS PROGRESS.
The progress of the buildings under con-
struction in the city during the season has
been generally pretty satisfactory. There
have been no serious Interruptions from
strikes and for most of the time the supply
of workmen has been sufficient for all pur
poses. The buildings therefore under
process of construction have been got so
far along that there will not, in all prob
ability, be any difficulty in getting them
| all under cover before the snow comes.
| The opera house has been delayed some
from one cause and another, so that it will
| not be completed precisely at the time ex-
pected at first. It is under cover, how
! ever, and has been for some weeks. and as
many men are engaged inside at work
plastering and on the woodwork as can
possibly be accommodated. No more
| could be worked to advantage. The in
terror of the building is rapidly assuming
| shape and form and the mouldings and
other ornamental work that were got out
in the shop some months ago are being
| put in place, and the scenes
are being prepared and set up. The hallway
through the old Opera house is also being
torn out and rearranged for the main en-
| trance through from Wabashaw street.
At the same time the excavation on the
| Fourth street side where the engine and
boilers are to be placed for the purpose of
furnishing the heat for the whole struc-
ture, is going forward as rapidly as posi-
bic and will probably be completed thi
week. The whole structure is expected to
be finished by the middle OF October. The
season promises to be favorable one for
| building for some time to come, and the
chances are that the builders will have
several weeks yet of good weather in which
to crowd work along.
THE SALES.
| The sales for the week do not include
any particularly significant ones. There
has been good fair amount of transac-
lions at good prices, and nowhere has there
been any reduction in prices. Buyers
could either take it or let it alone, as they
| pleased, and that is all there is in the mat
fer. Property is not pressed upon the
market, and more Indifferent set of men
never was seen than the holders of real
estate in st. Paul. They cannot be hur-
ried, and have great faith in real.estate in
this town, and especially on Seventh
street.
THE TRANSFERS.
The following are the transfers for the
week as they appear on the books of the
register of deeds. In amount they figure
up $165.376:
Lane X Stone to Anna Nelson, lot IA,
block 81, Oakville park addition, $3.50.
H Bachus to Elizabeth j CHM, lot 10,
l. Il II i