St. Paul daily globe., 1884-09-14
ST. PAUL NEWS.
ST. PAUL REALTY.
The Week Not characterized by Any
thing Unusual in the Real
Estate Market.
A Description of Dayton Bluff and st. An
thony Hill PrOperty-Transfers
for the Week.

The week has been characterized by nothing
unusual in the real estate market. There have
been no strikingly large sales that have come to
the surface though there are whisperings in the
air, and intimations that heavy contracts are un-
derway,Ro real estate upon which are TO be
placed manufacturing establishments OF large
proportions Inquiries OF real estate men and
those who sre.femiliar generally. with what is
going on under cover, nothing satisfactory can
be obtained. The two principal points about the
city, so far as real estate is concerned, are Day
toms bluff and all the lands between the two
cities of St. Paul and Minneapolis. AS has pre-
vionsly bsen remarked for great many years
rear estate on the bluff referred to, has been
held very low Lately it has been increasing
very rapidly and becomes more and more vau-
able as the time approaches for the Seventh
street improvement TO be completed. When that
thoroughfare is finished wide, ample and con-
yenient avenue will furnish all the
facilities needed to reach the bluff and all points
beyond it. OF course such an improvement as it
is helps to develop the county, necessarily helps
also TO greatly increase the value Of the prop
erty in all directions. Even now, before the work
is completed, lots, far ont On Seventh street, near
the Harvester works, selling for prices that
a few years ago would have been deemed fabu-
lous. All along throughout that region business
has greatly increased. Real estate having been
cheap for years was picked up and appropriated
for building purposes, so that now there is
large population scattered all over the bluffs ex-
tending out as far the Harvester works and
even beyond that locality, OF course this ne
cesstates the erection OF stores, and conse-
Quently scattered trade distributed all over the
bluff. 1t would surprise any one very much in
deed 70 90 over that part OF the city and see the
number of business houses and dwellings
that have been constructed within
comparatively short time. That
part of ST, Paul Is almost an independent town
so far as business and general trade is concerned
The business of that locality is similar to that
of West St. Paul in many respects, and will
soon be nearly as much in value.
The other point referred to, st. Anthony Hill,
is also developing wonderfully. The term ST.
Anthony Hill in this connection, is intended to
include all that spacesbetween Minneapolis and
St. Panl, 1t is unquestionably the fact that
what is now known the Minnesota Transfer
is destined to be very important business
point The Accommodations at first provided for
the handling of freight there, proved to be
wholly ins uhlcient and were enlarged, and still
they proved too limited and several times since
they have been enlarged, and still they are too
cramped and will have to be very greatly in
creased agnin before a great while. Rumors
are abundant of several enterprises that will be
located there provided the necessary grounds
can he obtained at anything like a reasonable
price. The enterprises referred 10 very ex-
tensire ones and will require several acres. In
the meantime, Merriam park, located a little this
| ~ (st,s
cago, Milwaukee * 81. Paul Short Line road and
Lowering park, still little east of Merriam park.
north Of the Short Line road and opposite Mer-
riam park, are selling rapidly. There can be no
doubt Whatever that in that general locality there
is at the present dime starting up a business and
social community that is destined to represent a
considerable portion Of the inhabitants and
wealth of this city. It cannot in the natural
course Of events fail to be 30. The means Of
reaching Merriam park are very ample as we'll as
speedy. 1t requires just thirteen minutes to
come in from the station to the Union depot.
This beats street cars out OF sight, and
brings the location Of Merriam park very near
to the city of It. Paul Quite number OF our
business men reside there, and all are
greatly pleased with tue facility with which the 5
can 90 aud come.
West 81. Paul feels now more confident than
ever. Heretofore she has rested in the expecta
| tion that the Minnesota IL Northwestern road
would be built through TO that point and now
she secs the construction of the road actually
| under way. She Witnesses the pile driver al
work driving the piles FOR the track, and forty ol
| fifty supply teams starting out every morning
I for the points below where the meu
are at work. Grading is in progress from the
| boundary line between Minnesota and Iowa tc
West st. Paul. Not less than twenty-five hun
dred men are at work on the road between the
points mentioned, and they expect to have the
work OF grading completed by the 1st OF Novem
Der. The rails will not be laid this year. but art
being supplied at convenient points along the
route. All this, OF course. has a tendency tC
make prices in West st. Paul somewhat frmer
SO far can be learned there has been no de
cided advance nor are there any
indications that one will be made a
present. There is stronger feeling though,
and kind of confidence, that is born OF increas
ing wealth and general prosperity, which indi
Gates that property in West ST. Paul will go
good deal higher before it goes lower
Altogether the real estate outlook in st. Pau
is very favorable indeed. II can be character
lied as firm and solid as to prices, conservative
as to the general condition, and independent ans
indifferent as to disposing of the property on the
part of sellers.
The residents of section 80, which include;
Merriam and Union parks and constitutes
school district, have agreed upon the erection o
a four-room brick school house, to cost abou
! $1,000, and expect 10 have the house so far com
pleted in November that school may then be op
ened in one more of the rooms. Mr.. Johi
Hnke, proprietor of Union park. reports
large inquiry for lots from persons who propose
to build early next season, and many Of whom
wish to begin building this fall. The fact tha
by the short line railway the park is only ffteel
minutes away from the Union depot in 81. Pau
is attractive to intending builders.
The Record.
The following is the record of transfers a
taken from the books Of the register Of deed
for the week;
MONDAY.