St. Paul daily globe., 1885-08-16
REALTY STILL STEADY.
The Week Not a Lively One in Real
Estate, But Prices Firm and
Steady.
Some Obscure Hints of Another Big Boom
in West st. Paul Real
Property.
Big improvements Being Made at the
Transfer and the Stock Yards
Enlarged.
Building for Next Year Looms up,
Several Large Buildings Being
Planned.
TIVE Review.

more liable to 90 up than down.
There are whisperingS in the ar ana sly
nifcant actions on the part OF certain per
sons that are usually inside OF most schemes
and rings. which indicate that II Is llkeiN
something important will transpre IN Nest
st. Paul in the near future. just N,laI IL
is 10 one has thus far been able 10 una OUT.
Some intimate that it is quite llkclI that |
more railroads are 10 make thelI
apnearance on the fat IN the near Iuture. /
Others intimate that several large mauutact- |
uring establishments are 10 be iCcdted ulele' /
and that the whole fat is 10 be turned into /
an immense hive OF industry Jhat will eX-
tend down to Pigs Eye, and literally cover |
the hundreds of acres that lie 50 invitihgiy !
over there. II the harb0r plans of the gov
ernment work faVOrably. as they now
promise to, and a good harb0r is made on
The south side of the river, there seems 10
be no reason why these pleasant and gor-
geouS prognostications and rosy dreams
may not become realities The people who
own property in West ST Paul are
firm believers that something is going
on. and this belief causes them 10 put very
large prices upon their property, much
larger. in many instances. than it viii bear.
1t is quite likely that other railroads VIII
come in over the flatSand, strange as II may
be thought. there is limit to the amount OF
money that even railroads have. and When
the price OF real estate is set SO high that 1t
becomes unreasonable. it will undoubtedly
become the policy of the railroads to resort
to condemnation proceedings rather than TO
pay such enormous prices as Oyer-greedy
people may endeavor TO get. 1t is pot worth
while to overdO this matter, and to Kill the
bird that lays the golden eggs.
SOME INDICATIONS,
1t is pretty early in the season to begin
10 predict as to the building likely TO be
done in St Paul next year. still there are
some indications that have good deal OF
meaning in them after all. It's well known
that d. Schultz OWNS the block on the south
east corner of Seventh and Jackson streets,
on which stands the brick block erected by
the late Aid Krieger twelve or thirteen
years ago. Mr.. Schultz has now pur-
chased the fifty feet next south of the block
referred 10 on the corner, and next year
will Pull down the building and erect on
the two lots a large and elegant building
that will be an ornament TO the town. This
is not all the improvements on or near that
corner The next 100 feet south of the lot
purchased by Nh Schultz is owned by
Judge Pierson of Philadelphia and Judge
Hale of ST. Paul who will next year re-
thereon a handsome block. This will
greatly improve thai part of Jackson street.
MI Dennis Ryan viii fill up the vacant
space between the hotel and Seventh street
bV erecting All immense block fronting both
on Seventh ard Robert streets. The prob
ability and expectation now is that Robert
street on the west side from Fifth to
Seventh streets a distance of two blocks,
Will be wholly built up solid, and that the
south side of Sixth street. from Jackson
nearly up to Minnesota street. viii also be
filed with new and valuable buildings.
These are nothing more or less than the
necessary results of the erection of the
RYAN hotel. Next year will see that whole
region changed.
JACKSON STREET.
There is no doubt whatever in the minds
of large number of our citizens that
great mistake was made many years
ago. There was a time when the
hill at the head of Jackson street
could have been cut down with but little
cost TO any one. If it had been cut down
Jackson street would be lined to-day
with business blocks nearly its
whole length. AS it is, there is not
one Of any Importance north of Eighth
street. 1t ought years ago to have been
treated as was Mississippi street when the
city ordered the big cut near Nash street.
That made good and attractive thorough
fare clear out into the country, and a street
that people Ike to drive over, and upon
which the street railway can run the street
cars. One of the most active and rapidly
improving streets in st. Paul is Wabasha,
and for a year or more it has been
steadily gaining on Jackson street.
EXTENDING SIXTH STREET.
L, 4,1I- al,
Sixth street from College avenue to Sum
NIT avenue. and in regard TO this proposed
improvement a correspondent writes as fol-
lows:
To the Editor of the Globe.
Sir: The writer has been frequently solc-
ted TO call attention to the opening of Sixth
street from College avenue to Summit. Its
convenience is manifest when 10y so doing,
the distance TO ST. Anthony hill from the
postOnice would be shortened i'll the round
trip six blocks. This is quite an item, and
would save considerable time and tiresOme
walking if this necessary Improvement were
accomplished. There seems to be no opposi-
ton to this much needed Improvement eX-
cept. possibly, Capt. Berkey, and il he will
coOlly reflect upon his own interests, he viii
probably find them subserved by the work.
Let it be done 10y all means.
ST. ANTHONY HILL.
MINNESOTA TRANSFER.
Some time since the GLOBE published an
extensive statement of the proposed i'm
prOvementS to be made to the Minnesota
transfer grounds. These improvements are
now in process of completion. The general
warehouse and Office building has been ey-
tended several hundred feet to the north.
while the cattle yards have been widened
and enlarged so that they now include a
great number of acres more than they did
before This increase in accommodations
has been made necessary by the fact that
business has crowded upon the transfer
company at very rapid rate. Ii is
evident now that the company will have tC
handle a very much larger number
of cattle this year than ever before
and TO do this the company must have
more room. Not only has the cattle bus
ness been increased. but so also has all Othel
kinds. 1t was a wilderness two or three
years ago. vet now it is one of the most ac
tive points in the city. and though they dc
not belong to the Transfer, those beautiful
suburbs of the city. Merriam and UnioI
Parks. which are being built up 50 rapidly
help to form a part of the cluster Of in
dustries that has been gathered about tha
SPOT whereof the Transfer is the center
This is getting to be a very important point
and ali the way around the Transfer, il
every direction, for the distance of two
OF three miles a great many kinds of busi
nesses are being established and valuable in
terests are gathering around it. 1T is des
tined to be one of the busiest points III th'
state.
Yesterday. 8Iessrs. McClung, McMurren 4
Curry sold an undivided half interest in thC
ne1l .ne15, section "a. town %. range %, t
Brooke boswell for S12, 900. This property