St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-08-09
IT DROOPS A LITTLE.
Real Estate Oppressed With the Heat
And Weakens.
Prices, However, Continue Firm,
With Good Demand.
The Record of the Week and Build
ing Notes.

The exceedingly hot weather that has
prevailed during the past week, the prepar-
atoms for the funeral of Gen. Grant. and
the usual summer dullness have served to
cause a lull In transfers. The condition of
The market, however, is unchanged. Prices
remain very firm and steady, with consider
able demand and inquiry and moderate
sales. Lately there has been an active in
curry for acre property, suitable plat and
arrange for sale as building lots. This kind
OF property is sought for in all parts of the
city, and almost daily plats are filed of one
or more additions to the city. There is
something noticeable about these additions,
namely. that all, or nearly all. are filed up
very largely and very rapidly. We
have never had q season when
SO much suburban property was
appropriated for dwelling purposes Inside
property is becoming so valuable that
great many people cannot afford to hold
and occupy it for residences. The result OF
this increase in the value of real property
will be that the lines of all the railroads be-
tween st. Paul and Minneapolis will be
dotted with stations, like Hamline. st. An
thOny Park. Union Park and Merriam Park,
where large settlements will be formed. and
where property will be rapidly enhanced in
value. This can be illustrated in no better
way than by looking at the results at the
points above enumerated. 4 few wears
ago, the property where these suburban
gatherings now are was not worth more
than 5000 or $500 per acre. Now that
amount would not buy a lot.
People flock to these subur-
ban places where they can get moderately
cheap homes. and yet have practically all
the benefits that arise from city life The
means of getting out to these places and
and back again are so perfect and complete
that it is
ACTUALLY MORE CONVENIENT
and quicker to-day to go to Merriam Park by
the Chicago. Milwaukee & st. Paul road
than ii is 10 go out OH st. Anthony hill in
the street cars and a hundred times more
pleasant. This idea of going out into the
suburbs TO live is bound to grow into great
favor. st. Anthony Park. though further
out than any of the others. is destined to be
q grand success as a place where the hard
worked and tired citizen can find quiet
home. Those who are interested in it are
expanding Il large amount of money to
grade it. furnish it with parks, and all that
may be required to render it
attractive. 1t is in this way that the space
between the two cities will be filled up.
Large communities will gather at these
crease in population and wealth. The
railroad companies appreciate this, and
they will find it for their interest to put in
depot buildings and to afford such other
facilities as may be required by these colo
niStS Since the idea of SO cOlOniZing has
come into vogue, the notion of living a little
out Of town and doing business in the city
has been growing in favor.
The matter of opening Wabasha street
through the hill on the north has been a
, stupendous undertaking. A whole town
has been moved in order to extend
and grade this street, and the dirt has been
used to fill up the park between Bluff and
Cedar and Robert streets. Some of it, too.
has been used to fix up a number of side
streets.
DAYTON'S BLUFF.
This part of the city is rapidly coming
into favor. 1t is regarded by many as a
much more attractive and desirable part
than st. Anthony hill. The view of the
city from that elevation is very extensive.
and the building sites, many of them, are
very picturesque. 1t certainly has some
beautiful avenues and streets Now that
the great Seventh street fill is about COM
pleted and the grading on the other side
streets about finished, a general
rise in the value OF property in
that direction may be expected. Not
withstanding this part of the city for years
has been held back in consequence of the
inadequate facilities for reaching it, it has
naturally and from sheer necessity i'm
proved very greatly. It's streets and az
enues have been extended, streets have
been graded, additions plated. so that now
it presents a much better appearance than
one would have reason to think it would
under the circumstances. 1t is expected
that as soon as Seventh street is completed
the street cars will be run over upon
the bluff. and that tracks will be extended
i'll all directions, the same as is now the
case on ST. Anthony hill. When this is
done there will be a transformation through
out all that region that will be so sudden
and complete that few will be able to
recognize the place.