St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-12-25
ST. PAUL,s GROWTH.

1t is with a great deal of pride that the
GLOBE calls attention to the fact that it has
been enabled to embody in its mammoth
Christmas edition fair and full statement
Of the business condition of st. Paul. An
examination of the facts and figures which
are published to-day in connection with a
review of the business transactions in this
city during the past year must convince
every one that ST. Paul has before it a fut-
ure of unparalleled greatness and prosper
ity. This city is not only the political cap
ital of one of the most progressive states in
the Union, but it is the financial and COM
mercial capital of the great Northwest. ST.
Paul has tributary to it the largest terri
tory of any city in the world. This vast
region of the Northwest, OF which st. Paul
is the metropolis, covers an area of 923, S29
square miles, or one-fourth of the area of
the United States, and equal to the whole
of Europe emitting Russia.
The statistics which are presented to-day
show the marvellous growth of this city with
IN the last half decade. A comparison with
the statistics of the year 1880 will show an
increase in wealth and population not
equaled by any city in the world in the
same length of time. In 1880 the popula-
ton of the city was 41,OOO. Now it is
10000 In the year 1880 there
were 729 new buildings erected at a
cost of 50, 1894. During the four
years that followed there were Is, 102
structures builded. at cost of over
$50, 600, O0O In 1885 1867 new edifees
were constructed, at a cost of over
50. 600, 600. The buildings already pro-
iected for 1856 indicates that the amount
will exceed that of this year. The amount
Of building done in st. Paul the last year
las exceeded that of any other city in the
Union, with the possible exception of Chi
.ago, and the probability is that it is ahead
Of that city. The buildings are handsome,
substantial and admirably designed. There
are in st. Paul seYenty-siX church edifices
and siXty-six educational institutions,
and nearly all of them models of arch
itectural beauty The real estate trans
actions for the present year have amounted |
to nearly $1S,0OO,OOO, and something |
over $50, 900, 600 for the last three years, |
and this too, without any of that artificial |
booming or system of fictitious transfers |
which so often prevail in new cities The |
real estate business is on solid basis and |
is conducted in thoroughly legitimate |
manner.
In its wholesale business St. Paul stands |
pre-eminent. Being the distributing point |
for the entire Northwest, its jobbing trade |
has been worked up to gigantic proportions. |
During the year which is now drawing to
close the amount of business done by |
st. Paul jobbers reaches nearly $780,
000. 600. During the past three years
there have been over five miles of frontage |
Of business blocks erected, and they take
rank with the most imposing, ornamental
and perfect in the whole country. Includ-
ing all kinds of buildings erected within
the last four years there have been nearly
seventy miles of frontage achieved.
The banking business has kept pace with
other departments, and with the exception
Of st. Louis and San Francisco, st. Paul
0utranks any city west, north or south of
Chicago. Manufacturing is fast develop
iHg, and for the present year the amount
Invested in manufactures exceeds $50, O00,-
Uj0. As Il railroad center ST. Paul ranks
third in the United States. draining
and feeding more territory than any
Utler. There are now sixteen dis
tinct lines of railroad terminating here, and
three more in process of completion.
Standing, as it does, at the head of naviga-
ton of the Mississippi river, this city is
bound to be, in process of time, the great
railway center of the North American con-
tinent.
In its wonderful development St. Paul's
growth and prosperity is an index to the
development of the region whose resources
are so rich and varied and of which this
city is the metropolis. An illustration of
this is found in the fact there has grown up
right along by the side of st. Paul another
city of such magnificent proportions that it
is justly entitled to the appellation twin
sister,
--9-
OUR CHRISTMAS GREETING.