Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-06-10
REAL ESTATE.
Il QUIET MARKET FOR REAL PROP
ERTY DURING THE WEEK.
Great Activity in Building Operations
A Creditable Record of Transfers.

The real estate market, owing to the
rainy weather has been quiet during the
past week, and dealers have been unable
TO take any one out to show property, and
no one has been disposed to go. If the
rain should ever stop falling, and the
streets once more get into passable con-
dition something may be done. The
transactions recorded for the week amount
to $761.275 only. Dealers have taken the
opportunity of the lull to clean up lot of
old business they have had on hand and
close up the papers in regard to property
already sold. so, as far as possible to have
a clean deck for future operations.
FIRM AND STEADY.
Notwithstanding the interference of the
rain the condition of the market remains
just as firm as though the weather was
pleasant and transactions numerous. The
condition of the market does not appear
to depend on any such accidental or tenn
porary interference. Values in st. Paul
are too firmly fixed, the prospects of the
future are too full of promise, and the in
dlcatlons of solid and permanent advance
ment are too numerous to admit of any
notions that because a week of rain renders
trade slow, that therefore the market must
surrender. Prices are as solid and as firm
as rock, with an upward tendency, and
1t cannot be said that any particular part
Of the city is specially favored. Inquiry
Is made for property in all parts, as
much IN one as in another. Residence
property on st. Anthony hill is always in
demand, and not less so now than hereto
fore. Prices in that direction, however,
are such as to compel people of limited
means to select some other locality. Lots
on Dayton's Bluff and West st. Paul, out
in East st. Paul, and in many outlying
additions all around the north and east of
the city, give an abundance of opportun-
lty for men of smaller means to obtain
homes at moderate prices where they can
build, at their leisure house for them
selves and their little families. These To-
cations also bring the men within a short
distance of the place where they can OBJ
tain plenty of work, where their children
can have an opportunity of attending the
public schools, and where the whole family
can have chance to attend church.
WEST ST. PAUL.
This part of st. Paul has for years been
one of the most neglected portions, and
still it is as beautifully located and as
picturesque as any part of this splendid
town. The land is peculiarly located and
rio in or far
many miles, all of which receives the
gracious sunlight from morning till night
Sooner or later that portion of st. Paul
will grow into such favor that prices will go
much higher over there than they now
are. At the present time lots can be
bought there very cheap, in almost every
part of that portion of the city which, in
the next few years, must necessarily large
ly increase in value The several building
associations and the association formed es-
pecially for the purpose of securing hous-
es for the laboring men who have not
money enough to'buy lot, have done
great deal for that part of st. Paul and
will do much more. Small houses for me-
chanics have sprung up on all sides, and
at the present writing over five hundred
buildings are in course of construction
over there. One need but stand at this
end of the Wabashaw street bridge at
night, and see what an almost
endless string of teams and people pass
over it on their way home after the days
labor, to be convinced of the Importance
of West st. Paul.
OTHER PARTS OF TOWN.
East st. Paul, the head of Mississippi
street, across the north part of the city
beyond Oakland cemetery and all around
Elevator B, property is in good demand,
and is very strong, and while this is the
case many holders are unwilling to sell,
feeling perfectly satisfied that all the real
estate in those 10 calities must necessarily
largely advance, not in a spasmodic, spec
ulative way, but in a solid. substantial
manner as a part OF the general growth
of the city of St. Paul. In reference to all
this outlying property above spoken of it
may be said that it is increasing rapidly in
value, not because of any speculative eff
forts, but because of the general crowding
out of the city. This process is going on
in all directions. The old boundaries are
being burst and the city is rapidly extend
ing out into the country districts on all
sides, even much faster than the people of
st. Paul have any idea of.
What the Record Says.
The following are the transactions as
thew aDDear of record for the uaaIz Tho