St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-07-26
The Price Of Real Estate Still Continues
Firm, with Probability Of
Rise.
West st. Paul People Determined Upon
Having Levee at Any
Rate.
How Real Estate is Looking at Lake
Phalen, Where Some Has
Been Sold.
Why Many People Go Ont to Rice
and Mississippi Streets
to Buy.
The ReNieW.

les during the past week to attract atten
tion, or cause comment, it may be said that
there has been the same regular steady de-
mand for property that mas characterized
the whole spring season. Prices are very
firm and steady, and, even in spots like
West st. Paul, where prices are, apparently,
very high indeed. and where consequently,
the market is naturally little less active
than ii has been. even there, the values set
upon the property are held with trnneSS
that indicates an advance, rather than re-
ducti0n, in price. 1t is the same through
out'the city.
THE WEST ST. PAUL LEVEE.
This is an improvement that the people
of the West side feel very great interest in.
They all know that in that magnificent
river tJInt they have the opportunity OF Sc
curing to themselves and their pos
terity grand, permanent public
improvement that will greatly increase
the value of all property in that part of the
city. and reduce what has always been
known as the flats" in other words, a
valueless swamp, to a great center of bust
ness Of all descriptions, and busy hive Of
manufacturing establishments. This is
what the West side citizen pictures to him
self as he looks across the broad acres that
lie along the river and stretch away up to
the bluffs. To him this is vast empire of
wealth and thriving industries in the future
There is no doubt in his mind in regard to
the future OF that portion of the city. 1t is
natural. therefore. that the people of the
Sixth ward. who have this picture con-
tinually before their eyes, should feel a
keen sensitiveness i'll regard TO this vast
and valuable domain. and that they should
feel very jealous Of any attempt to wrest
any portion of it from them. They know
that to utilize this property it will be nee
essary to have a good, substantial
leyee built, and they are also well
aware that such an extensive i'm
proyement will cost good dead of
money. They fully appreciate this, and
having counted the cost, they are ready and
willing to pay the money for the levee.
More especially is this the case as they be-
lieye there is a well settled and determined
effort being made by certain parties to get
possession of the Ievee and its advantages.
Whether this theory is correct or not, it af-
fectS the minds Of the West st. Paul people
They are therefore struggling to get the
levee built, and at the meeting of the West
Side union. held on Friday evening. some
very hard things were said against some of
the city officials. which came very near i'm
plying dishonesty on the part of certain in
dividualS.
Whatever may be the result of the con-
test between the West st. Paul people and
the board of public works and the city en-
gineer, all will agree with the people of the
Sixth ward as to the great importance Of
that part of the city below the bluffs and of
the necessity of the levee. The story has
been told more than once of the great and
sudden rise of property in West ST. Paul.
1t was a revelation to everybody. The
change was almost fabulous, and when the
figures are given of the value of property in
the Sixth ward a short time ago and the
figures at which it sells now, strangers re
gard the statement with incredulity. As
high, however, as prices now are they are
very firm and are more likely to increase
than to diminish. The advance has not
been confined to 1.-the fiat but extends up
onto the bluffs and all over the whole ward.
LAKE PHALEN PROPERTY.
Considerable attention is being devoted
TO the property around Lake Phalen. 1t
lies high and is very picturesque, and from
almost any part of it a person obtains an
excellent view Of a wide eXpanse of hill and
valley. 1t was but few weeks ago that
Farchild Il Co. put on the market a con-
siderable tract of land known as Rogers
garden lots. Nearly all this tract was sold.
there being now but five or six acre lots UNI
sold, and these are as good as disposed of.
All this property was sold in acre lots, and
brought. on an average, about $500 per
acre. 1t is regarded as very cheap prop
erty that is liable soon to rise to import
ance 1t will make beautiful residence
lots, and at the present rate this city will
want it all At present the roads are being
opened up through the tract beyond the city
limits for a considerable distance.
RICE STREET.
The section of the city laying on Rice
street, even quite a long way out, is re-
ceving a good deal of attention, and values
appear to be very firm out in that direction.
Recent auction sales have demonstrated
this, and many who purchased at the recent
sale of McClung. McAIurran d Curry. are
now taking additional lots at the same and
at even advanced rates. AS long as people
will insist on keeping Jackson street block.
AIDED so that no one can go beyond Eff
teenth street, or what used to be Aurora
avenue, they must expect to see people
crowd off upon Rice and Mississippi
streets, for the simple reason that the lands
that are spread out on both sides of these
two great thorOughfaTes are accessible
while those on Jackson street beyond Fiji
teenth are not. Mississippi street was for
meTly nearly as bad as Jackson now is. but
the people had the good sense to cut the
bluff down and make 4 good level street of
1t. AS soon as that was done business
went out with a rush and people began to
take up their residences out there. 50 it
would be with Jackson street if it were cut
down to respectable grade.
BRIEF NOTES.
Among the sales of the past week is that
of the handsome cottage of A. X Barnum.
at DellwOOd on the north shore OF White
Bear lake, for SIS, 600, TO Mrs. Hewitt of St
Paul, who Will occupy it at once and make
extensive Improvements of the grounds.
DellwOod, with its beautiful club house and
elevated position, commanding as it does
the finest views on the lake. makes it one
of the most desirable of summer abodes.
The old American Express company's
Office, on the corner of Wabasha and
Fourth streets, is being wholly rearranged.
The inside of the first story has all been
taken out and nothing left but few posts
Mr.. A. j. Wampler has rented it. and is
having it wholly rearranged. The American
and Wells. Fargo & Co. express companies
have moved down onto Jackson street.
Parties from New Hampshire are here
looking around for investments, and James
II. Dooley of Richmond. Va, who has al
ready invested largely liz real estate here, is
also in st. Paul taking observations. He is
the first one to arrive Of a number from the
same locality, who are coming to st. Paul
for the purpose of making money.
The foundations for the McQuillan block,
on the northeast corner of Seventh and
Minnesota Streets are about half finished
The ST. Paul & Northern Pacific railroad
took out permits yesterday for its buildings
at Hamline. to cost S120, 900.
Some parts of the foundation of the new
onurt hOuSe have hqap carried as far nm as