St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-10-26
The Demand for st. Paul Property
Abated Somewhat Last
Week,
Politics Supposed to be the Cause,
the 4th of November Being So
Near at Hand.
The Location of the New Bridge Has Ten
dency to Draw Buyers Across the
Greek.
Ham1ine Dirt Also Keeps in Demand Ow.
ing to the n. p. Shops--Transfers
for the Week.

Politics has had cousiderabl. nth
causing the real estate market t. - i little
quiet during the past week. There has been
good deal of inquiry, especially for real
estate in West st. Paul, particularly since
the location of the Robert street bridge. This
location has brought all that property near
the south end of the bridge prominently be-
fore the people. The consequence has been
that good deal of the property has been put
into the market and can be had at reason
able rates, although these rates are great
deal in advance of what they were last year.
There is also great deal of inquiry for Ham
line property. There was never a time in
the history of st. Paul when there was so
much inquiry as there is at present, and
there was never that wonderful and surpass-
ing degree of secrecy manifested KS there is
now in regard to sales. There are a number
of men who are lodging about from one
real estate office to another, endeavoring to
pry open the great secret of where TO buy,
and they are grabbing aud grasping after the
best and the cheapest While attention is
generally and most earnestly directed to
| Hamline and West st. Paul, it must not be
understood that other parts Of town are neg
lected. On the contrary all over the city
there is general frmness of feeling, and an
indifference about selling that shows an in
creasing confidence and solidity in the mar
ket.
One dealer sold yesterday sixteen lots
In West st. Paul at abovt 5000 apiece. This
is an advance of IS per cent over one year
ago.
Fairchild e. Son srn sold four ten acre lots
for s70, $50 and 500 per acre. This prop
| erty is located about one mile and half
northeast of Lake Phalen.
James Kennedy is building twenty tene-
ment houses on Edmuuds avenue, north of
University and west of Western avenues.
The demand continues quite active for
| property in Union Park, and the same may
be said about Merriam park. 1t is expected
that in the spring transactions Will be much
more active than they have been this year.
Dr. Bryant, who went into the real estate
business only a few years ago, has
| been very successful indeed, and whatever he
has touched seems to have turued into gold
under his touch. He has been remarkably
successful in striking the best property, and
that which always advanced the most rapidly
| u year VI JNO ago HeuG OUT on Tue SOulu-
west outskirts of the city and purchased
twenty acres which was used and cultivated
as nursery, for 1000. He has already
got back his money, and more too, and has
| two-thirds of the property still in his possess
sion, out of which he will get a good deal
more than the original cost of the property.
Year after year the houses fill up more and
more of the prairie west of the city and ii
will not be many years before it will all be
built up clear out to the dividing park, which
is the western boundary of the CITY,
A resident of st. Paul yesterday so far con-
cluded a contract for the purchase of two
! large tracts Of real estate that he informed
the representative of the GLOBE that he had
no objection to the transaction being given
to the public, providing the real estate agent
had none. The latter when applied to did
object, for the reason that the matter had
not been securely and finally ''clinched. ~
The consequence is that we cannot state who
bought or sold.