St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-04-12
A Week Which Shows Advancement
in Prices and an Enlargement in
Sales of Land.
Much Demand for Inter-Urban Property
Another Tract to be Opened Between
the Cities.
Scarcity of Houses at Moderate Rentals
What Railroads Will Do-Yes-
terday's Record.
The Week.

1
is the large proportion of cash transactions.
In this respect it has never been equaled.
large amount of cash capital is comm g
into the city for investment in real property,
and daily the real estate men are receiving
communications making inquiries in regard
| to cash investments. The most inquiry is
| for interurban property, and considering
| the great improvements that are to be put in
| and around the new State fair grounds,
Lake Como, the Transfer, Merriam and
Union parks, Hamline, st. Anthony park.
| and all through the recently annexed district,
it looks as though the most sanguine, can
not estimate the vast changes that will take
place throughout that whole district during
the next year or two. 1t is naturally beau
tiful country, and appears to be fully appre-
ciated as residence part of the city, or,
perhaps more accurately speaking, the two
cities. Prices are very firm and are gener-
ally advancing, especially on acres and out
side lots.
One great difficulty we labor under is the
scarcity of houses tor ent under $40 or $50 a
month, and unfortunately it is difficulty
that does not seem to be susceptible of a
remedy. AS previously, many times re-
marked, the real estate men are overrun with
applications for such tenements. Nearly
every one of our dealers has list of appli-
cants that they are unable to supply.
ST. ANTHONY PARK.
This park is one of the latest that has been
brought to the attention of the public. 1t is
the tract purchased by Messrs. McClung, Nc
Murran, Curry and Hager of Messrs. Lang
ford, and Knapp, fainter and Wilson OF
Menominee. 1t is located opposite Pratt's,
on the boulevard between st. Paul and Min
neapolis. It fronts on the boulevard for
three-q quarters of a mile and is within a
| quarter of a mile of the State Agricultural
society park, and from various points in ii
both cities can be seen. This boule-
! ward is to be two hundred
| feet wide. Two trunk lines, the
Northern Pacific and the st. Paul & Mani
toba roads run very near to it. where con-
venient stations are to be placed. On these
two roads trains will pass and repass to and
from each city every fifteen minutes. Be-
sides this the use of these two roads will
| be leased by other roads that are coming to
| st. Paul, SO that no doubt the means will be
| furnished for connection by rail both ways
every five minutes. The intention OF
the parties managing and owning the
property is to build up this interurban
property rapidly. Several years ago Gov.
Marshall had Mr.. Cleveland, the well-known
landscape artist, come here and carefully
survey and lay out the ground.
They will have this work nearly
or quite all of it gone over again
and laid out in the most attractive way with
a view of rendering this park as attractive as
possible. As soon as the plats can be COM
pleted they will commence work. Probably
within sixty days the work will be under
way. The purpose is to sell to actual set
tiers, but the precise terms have not been
determined upon.
| ANOTHER TRACT.
The same parties have another tract con-
sisting of sixty acres east of the fail
grounds. This they propose to open to the
public as soon as they can have it plated.
| This tract when cut up into lots will be sold
out to parties for homes at reasonable prices,
and assistance will be furnished to all who
| desire to build but have not the
necessary money. Such parties will be fur
nished with all the lumber needed with which
| to erect good-sized, comfortable houses. and
they will then be given long time in which
to pay, either IN monthly .installments or
otherwise This property will be within two
or three blocks of the station on the Northern
Pacific road, and within about the same dis
lance of the st. Paul 81 Manitoba road. II
will also be near Hamline, and right in the
midst of such Improvements as will render
| it certainty that the country will soon be
filled with an active, industrious and thrifty
population.
MINOR REAL ESTATE NOTES.
II. s. Fairchld yesterday sold two ten acre
| lots in Rogers garden lots, about one mile
and half northeast of Lake Phalen for $40
an acre.
Messrs. Fl. Greve & Co., sold five lots yes
terday in Kalman's addition.
1t is an assured thing that that iron
| foundry will be built near McCarron IS
lake that we mentioned few days ago.
o. G.. Greene has sold his residence on
Summit avenue between Wabasha and st.
Peter for $4,000.
Mr.. Josiah Fairchild sold house and lot
No. 537 Broadway for 100000; house and
lot on Rice street for 1850, and a house
and lot on Dawson street TO Mr.. Thomas
Riley for 1,50O.
| The new German Lutheran church on the
corner of Wabasha and Tilton streets ia
| gradually making its appearance. The
foundation walls are up to the water table.
The interior of the new National German
| American bank building will be artisticaly
very beautiful especially the room used for
the bank proper. This room is being flu
| ished off in various colored woods. with very
delicate tints shading off in great variety.
| In the enumeration there is good deal Of
elaborate carving.
A. s. Cassidy has sold to E. T. skidmore
for 50, 900, the property on the southwest
corner of Minnesota and Fifth streets.
A. X. Barnum has conveyed to J. B. st.
Aubin ct al. the Il of Sc Il and e1l Of sw
| Il Of section %, town 30, range %, and
miscellaneous property for $4,000.
Quite number of parties now building in
Union Park have been notified by the build
| ing inspector that they must all take out
permits. Some of the buildings were CON-
menced before the property was taken into
the city and there is talk of contesting.
William R. Marshall has conveyed to Ed.
s. Norton block 5, nine lots in block and
two lots in block 4, in Winters addition fol
$40, 500.
Commodore Davidson commenced las,
Friday the excavation for the foundation OF
block of stores on Fourth street, between
Wabssha and ST. Peter streets. and directly
in front of the exposition building The
block will consist Of five stores, aud will cost
$40, 900.
D. s. B. Johnson has purchased Prof.
Wright's residence on Holly avenue fol-
Sc, 900.
The LAYING of brick on the Minnesota club
house, corner of Fourth and Cedar streets.
was commenced yesterday.
Excavations for the new McQuillau block
on the corner of Seventh and Minnesots
streets have not been commenced. The
ground has been cleaned OF lumber, but q
| small frame building is left
Mr.. H. s. Fa;rchild will immediately COM
mence to plat Whist is known to be the Tatum
tract. Just east of the Minnesota transfer.
| There il inst 100 acres in the tract and II Il