St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-04-08

sea SALE cording of some
"a s.: :;;: ; & g $: e
St zsESs fa% y t. '1 pfs sgss
. 1! 4 5 HS!. 5 sf sss 5 asi':s$;
IH% |. nation of a sale
uuuI lL.,u.:.lia made some time
"' since on which the
improvements are already well under
way.
There is considerable inquiry for we'll
located inside business property. John
Kerwin purchased during the past
week piece of ground Oh the north
west corner of Ninth and Minnesota
streets. 1t is between so and so feet
frontage on Ninth street and is 225 feet
deep along Minnesota, extend
ing nOrtherly from Ninth street.
1t is not known whether
he proposes improving it Immediately
or not. The sale was made by Col. ).
81. Dawson, on behalf of the executors
of the estate of William f. Davidson.
Two or three parties are negotiating for
large parcels of business property, but
the negotiations have not thus far re-
suited in contracts.
~
The exceedingly chilly weather has
been detrimental to trading in outside
property, but there is considerable more
inquiry than during the previous weeks.
Along the line of East Seventh street,
far beyond the harvester works, con-
siderable money is being invested in
anticipation of the proposed extension
of the cable line during the present sea-
son. This, it is claimed, will enhance
the value of the property contiguous to
the line almost 100 per cent, within a
year or two, SO that parties are looking
up property in Weed d HalleyS addl-
ton, j. n. Rogers Fourth addition,
and some other additions near Hazel
Park station on the Omaha railway.
South and West st. Paul are being
examined into, and new projects for I'M
provement and development seem to be
blossoming with the usual spring vigor.
The exceeding GOODNESS of the past win
.6r does not seem to have killed the
seed, but it is sprouting with renewed
Vigor il various schemes for develop
ment during the coming season. The
midway district is especially looked
upon with unusual interest. The Or
SdlllZdIlOu VI du tlofdUCu ldllWdy COul-
pany does not seem to have resulted in
securing the needed franchise from the
common council, but parties in interest
are clamoring to have something def
mite Immediately.
A gentleman who has examined some
what carefully into the question OF ele
waited roads has become convinced that
they are of much more Importance than
surface roads, especially in this climate.
1t will save the expense of snow block
AIDES and cleaning the tracks during
such winter as the one just closed.
AS vehicles and people can not cross an
elevated road as they do surface
likely, and enables elevated
trains to make better time between the
stations than they can do when running
upon the surface. 1t is believed that an
elevated road would attract nearly all
the travel between the two cities because
of the superior opportunity to view the
country to what is afforded by any of
the surface lines. 1t is probable that a
reasonable income on capital invested
can be derived by charging 10
cent fare one way and Recent
fare for a rOund-trip ticket. This
would be an immense saving to the
travelling public over the present prices,
and the common council in its anxiety
to protect the interests of the city gen
orally, it is claimed, ought not to with
hold the privileges from those who pro-
pose to put millions of dollars into an
enterprise of this kind, and there is
very general feeling that the council
ought to reach some conclusion in ref
erence to the franchise asked by the
elevated railway company.
~
During the past winter but little
PROPERTY has changed hands in what has
been hetofore known as Reserve town.
ship. Indeed, but little suburban prop
erty has been transferred since snow
first fell last fall, but as soon as the
ground is visible and the roads are in
moderately fair condition there will be
renewed activity in the Midway district,
and MANY parties who are seeking
homes will secure for themselves build
ing lots and will improve their holdings
as soon as they are assured of reason
ably quick and certain transportation to
and from their homes.
~
The real estate board is having I'M
usually interesting sessions every Sat
urday morning, and the members are
feeling that it is of considerable adj
vantage to belong to such an OrganlZa-
ton. They hope during the present
season to secure a greatly increased
membership, and to increase the
field of usefulness, not only to
themselves, but to their customers. At
the meeting of the board yesterday sew
eral interesting reports were made, the
principal one being the report in regard
to the value of property on Seventh and
other streets. These reports in regard
to the value of property are to be kept
strictly private, and will be made to no
one except members OF the board.
~
On the whole, the outlook for real es
tate has decidedly improved over what
it was during March, and it promises to
become much better and brighter with
pleasanter and settled weather.
~
Broadway and State street property is
being withdrawn from market at old
prices, as it is coming to be considered
as exceeding desirable, and it is eX-
pected that much higher prices will OBJ
tain than have heretofore prevailed.
More About Houses to Rent.
Now that the gentle spring has come
again, the cry for houses to rent is heard
just as naturally and just as regularly
as is the song of the robin. This year it
is little more numerous, and consider
ably more noisy than heretofore. There
is no doubt that if houses to rent for a
sum ranging from $25 to $35 per month
were five or even ten times as numerous