St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-10-12

Nothing Requiring Special Men
ton TRANSFERRED in Real Els
tate Last Week.
Although a Great Many improvements
are Talked of, Prices Remain COM
paratively Unchanged. q.
Property on Dayton Bluff Inclined to Go
Upward Official Transfers For
the Week.

necessary to change the general tone of the
remarks made last week in regard to real es-
tate. Prices are firm, inquiry is active and
the tone of the market is all that could be
asked. Transactions, however, have not in
creased much, and sales continue to be no
more active than they have all summer long,
and that is not saying a great deal. Gener-
ally speaking it may be said that the dealing
in this city for the past four months shows
steady, regular and healthy condition of the
market, where sales are made because the
property is wanted for use. This condition
while it is the safest and best in the
long run for the city is not at all satisfactory
to two classes of people. One of these classes
is the real estate dealer and the other is the
person who has ''bit off more than he can
chew" That is, the individual who has
bought large quantity of real estate with
the expectation that the market price
would be so quickly and largely increased
that he would be able to sell at large and
speedy advance. The market has not ad-
vanced and the purchaser has not had an
opportunity to sell at the advance hoped for.
This brings trouble. Fortunately this
trouble will not strike many here in
st. Paul where purchasers are very coDserva-
tive in their views and generally buy for i'm
mediate use.
The inquiry for property between the two
cities continues undated, and every little
straw that indicates the location out near
the transfer or Hamline of any manufacture
ing or railroad establishment is caught at
with avidity by all who are anxious to make
money quickly. Every day something oc-
ours to make people think something is about
to transpire out in the direction referred to.
Sometimes the Marques de Mores is going to
build an immense slaughter house out there,
and then again some railroad is going to
build immense shops, car and boiler works,
somewhere near Lake Como. The next
minute some new road is coming in and
will want great many acres of land for
railroad purposes. One story follows the
other i'll rapid succession and no one can
find out anything for certain. A few buy
and good many do not. In this way the
market is kept in a feverlsh state a con sid
cradle part of the time. There ought to be
some fire where there is so
much smoke, and there undoubt-
edly is. Something is to be constructed
out in the direction Of Hamline university
and Como, but just what it is is not at pres
ent known.
The good effect Of the Seventh street fill is
already being felt all over Dayton's Bluff.
Property in that location is rapidly adyanc-
ing from the river to Arlington Hills. 1t
could not be otherwise, for Seventh street is
the natural and really the only inlet to the
produce of the country east of the city.
Three or four other roads that branch off to
saltwater, Hudson, and other points in the
country. Over these roads come the
produce OF a vast region and all con-
tribute to swell the traffic on Seventh street
Every day 1t is more and more apparent
that this is to be the great thoroughfare OF
the city just as soon as the Seventh street
fill is completed. 1t will then be an i'm
mense and superb highway of traffic, and as
soon as it is finished the people all over the
bluff will observe the improvement at once
Property has already advanced in many To-
calities and has even more than
doubled in some instances, and
good deal of this very
property belongs to the men who are making
such strenuous opposition to the assess
meut.
The time is now rapidly approaching when
work on the exterior of brick and stone build
ings must necessarily cease for the year. As
has been previously remarked all of the large
structures are so far under way that there is
no danger of their not being under cover be-
fore snow flies. The work of the year has
been greater than that of any pre-
yions years and from present APP
pcaranees that of the coming year will
be still greater than that of last year.
Among the structures that viii be built in
1885 may be mentioned the following:
The new court house, $500, 600
New club house, 50xl00.
Lucian Warner, block on the corner OF
Fourth and Minnesota, 50x100.
Henry Hale, corner OF Third and jackson.
64x75
The Minnesota bank block, corner of Sixth
and Jackson, 50xl00.
The Syndicate block, 15Oxi00, on Robert.
between Fifth and Sixth.
stees, 75x1Co, on seventh street, between
Wabashaw and Cedar.
August Batzet, lOOxl50
Maurice Lyons, Sixth and Siblcv, 5Ox1Oo.
Samuel Mayall, 5Ox1OO on jackson. below
Seventh.
Completion OF the Union depot and the
baggage warehouse.
the Wisconsin Central freight depot on
lower Third street.
Dsnuis Ryau's new block on Seventh
street. adjoining The great hotel
The Northern Pacific and ST. Paul q
Duluth buildings.
These are bat few OF those that will be
erected next year, and are mentioned simply
es an indication only.
kavanagh sold yesterday at the coracr OF
Aurora avenue and Rice street nine lots.
25xlio, the property of Mrs. Abby Warner.
;or the sum OF ten thousand dollars. Chas.
PottSiess, John Haggermiller, Col. Keller.
Jos,n Wenber, Chris. kGStuer aad Herman
feg.ow were the purchasers. large audi
u ,,e were present
oTi-fal List.
The following is TIE list of transactions as
they appear on the books OF the register.
MONDAY.
LJohuson 10 Henry 4 snyih. lot 10. block
81, Woodland Park addition, $1,000.
Catherine suthan 10 !. X. kingsley, lots 10.
Il ami - blurk IL Suur,ft PARK asss,so,