St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-12-05
ST. PAUL RIAL ESTATE.
The Activity in the Real Estate Market
Continues to Increase in Its
Activity.
Sales Are Not Restricted to Any Partio-
ular Kind, But Includes All
Glasses.
Transfers This Week Aggregate 81 -
C-C-S0S IN spite OF the Very
Cold Weather.
Some Reasons Given Why st. Paui
is Destined to be n Very Large
City.

some he0SOuS 6lNen w Hy oHi
is Destined to be n Very Large
City.
Winter has commenced in solid earnest,
and the cold weather which began early in
the week looks as though it had come to
stay. Notwithstanding this fact the real
estate market seems to have been stimu-
lated rather than chilled. The transfers
recorded for the week show that good
many deals have been closed. Several
large deals have been reported as closed
by contract, but the transfers will reach
the office of the register of deeds later in
the month. Many persons not familiar
with the remarkable growth and develop
ment of st. Paul and its resources are wait
ing to see lull in its onward progress.
They cannot comprehend why the city
continues to grow so rapidly, and to spread
and Increase i'll population and width, nor
can they fully comprehend what there IS TO
build here one of the great inland cities OF
this continent Ii st. Paul has but the
area of Minnesota as feeder she is already
overgrOwn. If she has what is claimed
for her. domain that is an empire, then
lie at the foundation of her greatness should
be compTehended if one desires to under
stand the demand for realty which has be-
come so active and which seems to be so
steady and firm when conservative men
have been expecting lull, or at least a
period Of rest.
THE REASONS WHY 1T IS so.
st. Paul is located nearly midway be-
truaQn tho anH anoIIOh tn the
great inland seas. the Northern lakes, to
have the full benefit of cheap water trans
portation. She is at the head of navigation
to the greatest river system on earth. YES
sells loaded at her wharves may, without
transhipment, land their cargOes in about
twenty different states and territories.
| They can go into the Ohio, the Mississippi
| the Tennessee, the Cumberland, the Red
| river, or into any other of the tributaries OF
| the Mississippi river; or they can carry their
| freight to tide water on the Gulf of Mexico,
| and thence to all ports in the world. OF
| course the trade and commerce of all parts
of the earth, to certain extent, may be re-
turned to her wharves by the same system
| of transportation. Her location combines
unusual facilities for the exchange of pro-
ducts, both by water and by land. Already
| six of the great trunk lines of railway COM
pete for business between Chicago and st.
Paul. and very soon every other great trunk
line doing business in the West must come
to St. Paul. The Minneapolis, Ste. Marie
& Atlantic road is being built through the
| great pine forests of Northern Minnesota,
| Wisconsin and Michigan, on the shortest
and most direct line to tide water at
! Montreal. When that is completed twelve
days will take freight from ST. Paul to
Liverpool. Thus this city will be brought
as close to tide water by direct trunk line
as Chicago now is, or. in other
words, the whole distance from st.
Paul to Chicago will be eliminated.
| That road will forever be competitor with
the Chicago system and will give St. Paul
| merchants the protection in winter which
they now have by lake transportation in
summer. Its trains will go to tide water
loaded with grain and -four, and will return
\ loaded with direct imported goods, bonded
/ through from the markets of Europe to the
4 central city of the continent. They will
| also bring us coal and salt. and all heavy
| freights This road opens the finest lumber
region in the Northwest and the hard
! woods and the pine will come here instead
of going to Milwaukee and Chicago. Here
| tofore the cut of that region has gone to
| the lake ports, and when landed was no
nearer its natural Western market than
when it stood on the stump in the forest.
| 1t will come to st. Paul and Minneapolis,
| and will reach the pralries through this
market. The great iron deposits in North
! ern Minnesota, Wisconsin and Michigan,
now so rapidly being developed, will load
| the docks at every good harbor, particu-
larly at and near the west end of Lake
| Superior. An immense fleet will find con-
| slant employment every summer season in
moving this iron ore and the grain, which
| will accumulate at Duluth, to Eastern mar
kets. Having the certainty of cargo at
the west end of the lake. they will load with
merchandise cheaper in Eastern ports and
wholesale houses here will thus get
A DECIDED ADVANTAGE
over Chicago merchants, and be able to
compete with them everywhere and sell
goods almost at their very doors. The
Northern Pacific road is rapidly construct
ing it's feeders, and developing the
rich region extending from st. Paul to
Puget sound. All the business along the
line of this road is naturally tributary to
St. Paul and will increase while the coun-
try is developing and filling up. The
Manitoba road extends up into the British
possessions, and opens up a vast region for
traffic to merchants and manufacturers. 1t
is building westward toward the Pacific
ocean. and, without doubt, will sooner or
later parallel the Northern Pacific, but far
enough from it to develop region of it's
own as rich in natural resources as any belt
on this continent. No one who knows Mr..
Hill and his associates can doubt that their
ultimate ambition to have completed
line. st. Paul is the great center from
which these lines radiate, and to which
Eastern trunk lines all converge. 1t is the
natural exchange of the Northwest, and
must develop with wonderful rapidity here
after to meet the requirements of this great
and growing region. When Chicago began
her wonderful development after the dis
astrous fire, but few men were
broad enough in their views to
see her great FIXTURE. Those who did were
regarded as enthusiasts and boomers"
but their widest predictions have been
more than realized. st. Paul is at the
threshold of an equal. and probably a
greater development. The iron mines, the
copper. silver and lead mines now being de-
veloped to the north and west will yet
prove of immense advantage in building up
this city. Smeters and refiners ought to be
located here and large reduction works. If
thew were they would draw the valuable
ores here from Butte and Helena, and from
the rich mining districts beyond. The time
is not far distant when works that can
handle the Self-huXing as well as the re-
fractory ores will become necessity in ST.
Paul, and when once established will sup
port and build up host of kindred indus
tries. Below the falls of st. Anthony there