St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-07-14
JUST like OLD TIMES.
Property in the Suburbs Is
Waking Up in a Wonder
full Way.
The Demand Recalls the Boom
Times to the Minds Of
Dealers.
Inquiry Is Rushing for Prop
erty Along Proposed New
= Lines.
Notes and Comments Of the
Realty Market Developed
Yesterday.

towards the union depot to spend Sun
day at the lakes.
The increased and projected develop
mentS of tie city's transport facilities
have given the real estate market an
impetus entirely beyond the widest
Rnticipations. Take the Seventh street
cable. The rush for available lots
OH Dayten's Bluff almost equals
the proverbial thirst for claims
by the California gold diggers.
Real estate dealers have been
inundated with INQUIRIES for sites
on the bluff, and the enhanced value IS
strikfngly exhibited by al auction sale
conducted yesterday tby A: N:
Doherty. 1t was a sale of 161
lots II Dawson'S Earl Street addi-
ton. Owing to the eXigencleS of the
sale but ffty-Seven lots were disposed
of, and the amount realized was S31, go.
The property is situated 800 feet north
Of the Seventh street cable. There was
an attendance OF between six and seven
hundred people, but the number would
certainly have been over a thousand had
not the funeral of the late Edmund
Rice been held yesterday afternoon.
Mr.. Doherty says the bidding equaled
anything he has seen in the best days
of the city. The sale commenced at
O'Clock. and had to be abandoned owing
to the rain. Lots were sold upon an
average of one every three minutes, and
were. said to actual purchasers. l he
eagefness displayed to purchase lots,
and the prices obtained recorded III full
below exhibit confidence i'll st. Paul
realty undreamed of by the most san
guiue believer in the great future of the
city. In this sale Mr.. DOherty intro
Hueed new and what he thinks very
favorable set of terms for the sale OF
real eState-that is. in making the de-
ferred payments bear interest at per
cent instead of per cent as heretofore
The result of the sale also shows the
wisdom of this change.
With so great demand for available
property, consequent upon facilities for
travel to be afforded, the eye of the real
estate man is naturally turned to the
consummation of the promised cable
and electric motors. There are three
schemes definitely before the city, while
there are several more in an embryonic
state, to be launched upon the turgld
current of public opinion at the proper
time. All preliminarieS have been COM
pleted in reference to the electric motor
lines into Reserve township, the prop
erty owners merely waiting for the city
council to grant the requisite franchise,
when they will Immediately set about
raising the required bonus Of S250,O
Then there is the extension of the
Selby avenue cable. A meeting of some
of the larger property owners was held
Thursday evening, when the extension
,pf this cable was thoroughly Overhauled
and the conclusion unanimously come
10 that the line was absolutely neces-
sa1y. A bonus of 100000 is required
for the CARRYING out of this scheme, and
of this $4,000 has been promised. 1t
was agreed that special canvass should
be made among holders of property
which will be enhanced in value by the
proposed line and endeayors made to
have all the money raised and details
fixed by Aug /. BY that time 1T IS eX-
pected the petition to the city council
for the widening of the avenue and the
placing in of a sewer will have received
attention and that no further delay will
be experienced in the commencement
and completion of the line. 1.-The eX-
tension of the Selby avenue cable"
saws A. r.. Bushnell, sis a sure 60"
There has been a very lively sale of
property along the lines mentioned.
Hundreds of lots have been purchased
near the route of the Selby-partieS
purchasing 80, %, 20 and Is lots for in
Vestment purposes. The feature of
these sales is that the purchasers are
paying cash. and in consequence large
amount of capital has been brought into
the city. The inqairies from the East
for this property have been very heavy.
1t is not confined to one, but nearly
every real estate dealer of standing in
the city can report a good mail from the
East. Bushnell q Bushnell sold four
lots near Smelling avenue for S5,000,and
one lot in Summit Avenue addition for
$3.50. h. S. Norton says that within
the past four months he has had more
INQUIRIES from Eastern capitalists touch
ing st. Paul real estate that in any pre-
YiouS two years.
With such sales, continued inquiries
and prospective Improvements, the
real estate men are naturally very
jubiant in their representations for
bustling fall trade.
At meeting Of the real estate board
yesterday, George II. Hazard, Charles
A. Moore, H. A. Campbell, Charles S.
Bunker. C. L. Sumbardo, G. R. Smith,
o. G.. Clay and James Middleton were
appointed a committee to cooperate
with that representing the chamber of
commerce in rendering a reception to
the Puget Sound party, due from the
East on the 18th inst.
In visiting the Dayton's Bluff district,
made so easily accessible by the Sew
enth street cable line, the writer's at
tentiOn was called to plain, dignifed
square brick building on Bates avenue,
half block south of Seventh street,
which on investigation he found to be
modern fiat, or department building.
Entering the vestibule, very original
treatment of stairs and hall presents an
attractive feature, which led the writer
to explore further. The building con-
tains six apartments of four and five
rooms each, and is supplied with all
cOnyeniences in plumbing, lift, pan
tries, closets, CRATES and mantelS Of
hardwood, and is finished in hardwood
throughout. They are light and airy
and were particularly planned by Arch
itect Seaton to meet the needs of small
families at a moderate rental. The
building is owned by Edward o. Zim-
norman, who resides on the ground,
and who will be pleased to show first
class parties these cosy convenient
quarters.
The purchasers at the auction sale of
lots in Dawson's Earl Street addition,
referred to above, are: r. Seegar, 5
lots $3.50; NJ. d. Kelly, lot, S700; c.
Smolinsky, l lot, 500; W. j. Hoy. 2
lots, s1,240; o. Rafferty,, lot, 1928; n.
Welter, lot, $500; P. Swanson, lot
$500; F. Tarcke, l lot. $500; A. B.
Swanson, lots. $3.50: j. Swanson, 2
lots, S1.145; T. H. Dumble, l
lot, $3.50; j. j. Schultz, 1
lot. S7l5; P. Mueller, l lot, $40;
n. Fink, lot, 500: E. II. Souder. lot
1860; J. w. Semple, l lot, 800: J. Olaf
fey, Hot 500: c. Smolnsky, lot, S7l5;
j. B. Peters, lot, $685.; Jennie Bateson,
lot, $3.50: G.. Swanson, lot, $685.; T.
Wilson. lot, 1918; c. c. Maekubin, l
lot, 1865; A. Swenson, 4 lots, $1,000; o.
McMabon, 2 lots, 81, go; T. Cable, 1
lot, $3.50; O. Mcmahon, 1 lot,
S5l5; G. Peterson, l lot. $3.50;
c. A. Owen, 2 lots 81 ESQ; T. K. Wilson,
I lot, S675; 81. Mundt, 1 lot, $500; j..
Watson, l lot, $3.50; NJ. Early, l lot,
$3.50; j. II. Aunm. 2 lots, 81, 3S5; NJ. j.
Walsh, 2 lots, s1,255; A. ID. Smith, 2
lots, $3.50; T. Wilson, lot, 5000; L.