St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-01-15
DEALINGS IN DIRT.
Real Estate Men Looking for the
Future.
WHAT THE DEALERS SAY.
Prices to Ascend and Money Plenti-
z ful---Gossip Of the Market
s The Review.

Lively CAiHS QuICts Uut pllCCo al
frm," is the motto emblaZoned on the
/; walls of all the prominent real estate
Offices. while the occupants are busy ar
ranging all the details of preparation
with which to meet the demands that
are sure to come with the opening kof
spring. A general tour of all the Oldest
real estate firms finds the universal
Minneapolis realty are none too high,
but will be material ly advanced within
the next sixty days. Even now, quiet
.as it apparently is, there are numerous
cash transactions daily, while very
large number of requests are being con-
stantly received by the real estate firms
from parties in the East to buy anything
that partakes of bargain, but they all
find it difficult thing to do. Genuine
snaps in Minneapolis dirt are 1eXceed-
ingly scarce. 49,
THE SMALL HOLDER
hangs to his little lot with the same
pertinacity as the big holder, paying his
interest with an inward consciousness
that all will be returned when the spring
comes, gentle Marier. A large majority
of the MinneapolitanS who went to
california some two months ago to in
vest their spare change in Pacific coast
dirt, have returned with the fact in
deIibly impressed ON their minds that
"TheTe is no place. like heme," and they
are hustling around to find an available
piece of property to tie to before the
tide rolls in.
Acre property one year ago was the
chief theme talked of, and everybody
wanted acres, no matter where they
were, SO long as they were acres; prices
went up 20, Is and SO per cent before
May, and then as suddenly dropped,
not in price, but in public estimate.
Prices for acre property are perhaps as
high as they will be for some time, al
disposition to sell for any less price than
listed. 1t seems to be the unanimous
opinion of great many that property
out towards Single Creek, Hopkins
and Minnetonka will come into prom
inence this season, from the fact that
several manufacturing plants are des-
tined to go to either Single Creek or
Hopkins.
INSIDE PROPERTY
in every direction is in a healthy con-
Htion with fully as great demand, at
fair figures, as there is supply. And
with the number of suburban trains
that reach out in all directions, afford
ing quick transit to and from the CEN
tiers of business, together with the eX-
tensions of the motor and street car
lines, will make property within a ra-
dius of three to, five miles of the city de-
sirable residence locations. Take the
table of comparative real estate values
and but a glance is required to show
that Minneapolis property is far cheaper
than in any of the great centerS of the
country, while but few of our shrewdest
dealers fully grasp the position that
Minneapolis occupies In the ultimate
development of the great Northwest
that is rapidly unfolding its hidden
treasures to the world, and which has
done so much toward developing this
city's greatness. With an area fully
equal to several of the old Eastern
states, but with only about per cent of
that area occupied, what, then, will be
the result when in the course of the
next few years Is per cent of the same
area is occupied. and it's wealth and
products poured through the gateway of
Minneapolis?
+ THE COMPARISON.
The comparative statement in tO-day's
review is not in any manner Indicative
of an advance in last weeks business
as compared with last years week of
the same period. The reason of this is
simply the weather. The past week has
given us the first real touch of North
western winter. At this time last year
it was comparatively mild. There is
one good sign, however. in the figures
/ during the past few months over those
ola twelvemOnth ago; while the num-
Der of transfers and permits was much
larger then than now in proportion,
thes considerations now run to far
higher figures than ever before, which
goes to show that the style and makeup
OF the present buildings are solder and
more val vable in appearance. Follow
/ ing Is the tabulated list for this week
and last year: