St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-09-09
ST.PAUL REAL ESTATE
Business Interrupted by Pol
itieS and the State
Fair.
Values Have Continued Firm
and Showed a Steady
Market.
Progress Made i'll Building
Operations at South st.
Paul.
Summit Park Coming Into
Prominence as a Beauty
Spot.

Business in real estate has not been
very oppressive during the week, and
dealers have had abundant opportunity
to consider the political situation or any
other subject that attracted their fancy.
In addition to the excitement of the
convention preparations for the state
fair have occupied the attention Of
great many citizens, so that, between
the two, less attention than usual was
paid to real estate matters. NOtwith-
standing these considerations, sales
have kept along about the same as
usual, and the average transactions
were 10000 or $4,000 per day.
Speaking in general way, in spite of
the state fair. the political excitement
and the half day when St. Paul aban-
doned business TO go to the MinneapO-
lis Exposition, dealers have had a very
good week in real estate. Not boom
week. but one of sales that have came
naturally and because the purchasers
wanted the property for a definite pur
pose and not for speculation. This ar
gued a slow but steady market, based
upon rock foundation, and one that
was for the advantage of the city.
This indicates a steady, solid growth
in a substantial and permanent form,
which in its very nature would result
in producing a very large city. The
sales that have been made, or at least
most of them. were of the same charac-
ter as those made during the entire
summer. The result of each sale viii
be. in almost every instance, family
residence, store or some other kind OF
Improvement that will add to the per-
manent growth and value of the CRY.
-
Summit Park is attracting great deal
of attention, and many of the hand
soonest dwellings in the city are being
erected there. During the week MesSTS.
Bushnell d Bushnell have sold two lots
in this park for $4,000, and upon the lots
residences will be erected to cost from
$4,000 to $4,000. These residences Will
correspond i'm all respects with those
that have already been built there.
Summit Park is one Of the most charm
Ing and attractive parts OF the city, and
will always be occupied by tirSt-claSs
community Of people.
Messrs. Bushnell q Bushnell also re-
port the sale OF eight lots in lnv6T Grove
for =. 500. and two houses and lots in
the same locality. These gentlemen
report that the general market has been
firm and steady, with good inquiry,
especially between the two cities and
on Sixth, Seventh and Eighth streets.
Aessrs. Green Brothers. from Pike and
CazenOVia, \. Y. were in St. Paul DUE
ing the week, and made several invest
ments. They spent portion of their
time looking over former purchases and
sizing up the town. These gentlemen
have for years been engaged in running
a wooden mill in New York, but re-
Gently they were burned out. They are
seriously considering the matter OF
starting a wooden mill in st. Paul, and
part of their business out here at
this time was to look over the ground
with view TO an investment in that di-
TectiOn.
Work on the buildings i'll South st.
Paul are progressing with as much
rapidly as is possible under the circum-
stances. The big King packing house.
the second packing house, and the dis
tillery are nearly ready for machinery.
People who live on the north side of the
river ought to make a visit to that part
of the city and witness what a change
has been wrought, and how wilder
ness has been turned into busy hive Of
i1.Htc+rxr