, 1889-02-07
REAL ESTATE.
A Visitor Tells Why Spokane
Attracts Investors.
The Demand for Residence Pro
perty Very Brisk.
I've BIG Sales Ysstsrday---Ths Record Of
tAs Transastiess for
The week.

''0ay. do you know there 10 something
peculiar about Spokane FalleP" remarked
q lev days. to friend during dinner at q
prominent hotel yesterday.
''How SOP" asked the other.
s'It 10 peculiar In this respect: have
noticed during the short time that i have
been here that every stranger who comes
70 the city 10 pleased with it. ! had not
been here half day before was DO favor
ably impressed with the place that CON-
cluded 70 invest iny money here. Since then
! have been ell over the city and ! am
convinced that . man with . little
money will be perfectly safe In going into
almost any kind Of business. / came from
Of the coast cities, but SPOKANE suits me
letter than any Of them. Real estate 10
not held ut unreasonable figures, and there
10 no reason why every man with family
should not own his own hearthstone."
Before leaving home" continued the
gentleman, II promised TO advise several
friends Of anime ~ to the chances for
profitable real estate investment In this
country, ~ the reports OF the prosperity
Of your city had spread even to Southern
California. have written them that the
opportunities hero were most favorable
for quick returns cn Investments, and
Am quite confident some. Of the gentlemen
Will come on to see for themselvss;;,.
are held by thousands OF people and &C.
counts for the great amount Of business
done by the real estate dealers.
During the week thousands OF dollars
have changed hands in realty deals, the
greater part OF the trades being In resi-
deuce property, although large number
Of transfers Of business lots have been
made. Nearly every Office visited yester-
day was full Of people looking over maps
and plats Of the various additions.
I'VE are In luck 70 have the handling Of
additions and lots in the vicinity of the
cable road," said Bolster Il Co. THAT
road will be great thing tor people who
have not the means TO buy property close
buy lota further away and yet be within
road" 2 'A'' '' ''' '''' " 'n'''' u '''
Business continues 40 good ~ ever and
lots in Bellevue addition are going like
hot cakes, said Dennee, Fowler u Co.,
yesterday. land we have made several
Rne sales of inside property during the
week. 1t will take as far into the night
to finish up deal We are working ON now
and We are glad o day of rest is at hand. '"
'Dillman. Routine & Co. closed two large
sales yesterday. which aggregated S54,-
C00-one on Mill street for &33 600 and the
other for e2l 900 on Frsnt street. They also
report q number of good buy" during the
week and are we'll satisfied that the future
10 bound TO bring with il q good steady,
healthy demand for Spokane realty.
business is coming my way in pretty
good shape" said j. T. McCarther. III
have had about oil could attend TO all the
week and expect larger demand for resi-
dent lots in the next two weeks than ever.
ALI the dealers seem to be doing q good
business and we all agree that there will
be Q marked advance In all classes of prop
srty in the mar future,
"Business is very fair" said John l.
BooRe, of he firm of Booge & Mcintosh,
yesterday. Trades have been good all
week and 1t is astonishing the way resi-
dence property has picked up lately. lrv.
and the certain advent of the cable road
In that region has attracted many home
steaders TO that vicinity. and considerable
Eastern capital IL going in there also"
Knox Johnson reports many Gales of
American Building and Loan Association
and stock, numerous loans on 1t to citizens
for buildiAg purposes.
Cook 4 Byens say either one OF them
have been almost living In q sleight the
past week. Had TO show buyers how
the land lay. you know" said Mr.. Cook.
''The last six days have been very busy
ones for us and am glad Sunday 10 COM
ing. There has been q remarkable de-
mand for outside lots, lately, by letters
and in person. The inquiries from the
east are increasing daily, many inquirers
stating they will be here in the spring to
look the city over, 80 everything points to
Q brisk business for all hands in the early
future"
The confidence of the dealers themselves,
~ evidenced by the many purchases made
for their own account, is significant, and
no one need hesitate to Guy a piece of
land when he knows all the dealers in the
city are spending all their spare cash that
way.
The sales. mostly in residence property,
OF the week, were:
SUMMARY CT SALES.
Consid-
No. GRAFTON.