St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-08-15
ST. PAUL REAL ESTATE.
The Aggregate Sales Still Increasing and
the Inquiry for Property
Improving.
Rapid Transit Coming to be Matter
Of Great Deal Of In
portance.
South st. Paul Rapidly Coming to the
Front With Great Future
Prospects.
Midway Property Still Holds It's Own
Against ALI Corners From
Any Quarter.
Encrea.ing Demand.


fore expressed in regard to it and transac-
tons have gradually and steadily increased.
The promises and indications of early
spring months, before the labor troubles
appeared, seem to be pretty we'll restored.
In addition to the restoration of confidence
and business, prices are stronger, and in
some instances have been advanced. ES-
pecially is this the case in regard to the
midway property. This property, all things
considered, seems to have the best hold up
on public confidence of any in the city.
There is never any question about its pros
pectlve increase in value and Importance.
1t is taken for granted. and conceded by all
without any question being raised, that
there is certainty about its future that
leaves no question whatever as to the very
important part it is to play in the history
OF these two cities of the Northwest. In
some other parts of the city the
prospects and promises of railroads, or the
establishing of manufactures, or some other
unusual advantage, serves to enhance the
value OF real estate. and in consequence of
this one part of town increases or decreases
i'll value and Importance to considerable
degree according to the chances of the To-
cation OF these improvements in the partic-
ular locality. In the midway districts quite
different ideas prevail. The Importance
and value of that locality is so we'll fixed
and so accurately determined that the
people can afford to refuse to allow certain
manufactures to be established in that To-
cality. So great is the confidence OF the
people in that part of the city that property
located there. which has been in the market
for year or more has had the price con-
siderably increased, and this too, during the
dulleSt season of the summer months when
real estate sales were the smallest known
this year. That there is a large tract of
territory between the two cities that will
require very large population to fill it is
true, but this is no more certain than that
gradually and continually growing to-
gether.
NO ARTIFICIAL MEANS
are required to cause this result. 1t seems
to be kind of attraction of gravitation
that is irresistible. 1t is not difficult to
foresee what an attractive and convenient
spot all that part Of town will be when the
various railroad lines are constructed and
the numerous stations are built for the &C
commodation of the immense passenger
traffic that will exist between these two
cities. 1t has been very evident for num-
transit" was natural and imperative neces-
sity for the people of st. Paul. Property
i'll, or near the center Of the city, has be-
come SO valuable that the large portion Of
people are compelled to locate their resi-
denceS at considerable distance from the
business center AS it is in New York and
other large cities, 50 it is here. Rapid
transit is necessary. 1t differs in one city
from another only in degree. Men of
moderate means who do business in the
city must live outside and be furnished
with quick and convenient means of in
greSs and egreSs. This is one reason why
Merriam, Union and st. Anthony Parks
have proved such marked successes. 1t is
plain to be seen that between these two
cities there must soon be rail service for
the accommodation Of the people OF these
two towns that will come to be in substance
almost a steam-street railway system.
That is to say, when the st. Paul
81 Northern Pacific, the Manitoba,
the Milwaukee q St. Paul, the Bur-
lington & Northern, and all the other roads
with their connections are finished and
everything complete it will be necessary for
them to have frequent stations at which all,
or nearly all trains, will have to stop. The
Northern Pacific and the Manitoba on the
north have already observed this necessity
and they are putting in stations at Rice
street, Hamline, Smelling avenue, st. An
thony park and other points along their
lines. The Milwaukee & st. Paul is doing
the same thing Oh its line on the south.
These stations will continue to multiply as
population increases, so that year by year
the various railroad lines running between
the two cities will naturally
A
in order to give the public the service that
will be required from them. This rapid
transit as applied to St. Paul, is having
another illustration on the Minnesota &
Northwestern which is now running
Robert street to South st. Paul, several
miles down the river. and soon it aims to
take in several points still further below
BY this line man leaves his business in st.
Paul and i'll a very few minutes he is at
home. He can go home to dinner and be
back to his business again in a shorter
space Of time than he could if he lived in
any other part Of the city. This conven-
lent and quick transportation Is one of the
principle reasons why property in South
st. Paul sells so readily. The readiness
with which lots sell there has surprised
many, but when one comes to think how
cheap they are, and, practically, how near
they are to the city in consequence of the
motor line, there ceases to be any cause for
surprise that they are disposed Of so read
lily. This rapid transit will unquestionably
be one OF the most important matters that
this city will have to consider in the fu-
tue.
miscellaneous.
Mr. William Dawson whose public snirit in