St. Paul daily globe., 1890-05-11
BUSINESS POINTERS.
What May Be Expected With
Additional Street Car
Facilities.
Property for Investment Pur-
poses Unequaled Through
out the Country.
a Gentle Rub for the Mana
gers of the Industrial Un-
ion Scheme.
A Stronger and Firmer Tone
A Stronger and Firmer Tone
Observable in Business
Circles.

Circles.
81 found that the street car facilities
of Southern cities are generally great |
Improvement on what we enjoy In st.
Paul"
Capt. Ed SimOnton made this remark
yesterday in referring to his recent trip
through the Southern states. The re-
mark is one worthy of the closest atten-
tion of citizens having the prosperity OF
the city at heart. Great rs has been the
growth of st. Paul. it would have been
still greater had adequate street trans
portation been afforded people to COM
municate quickly with the suburban
district. The great want of st. Paul to-
day is the full development of its street
car service. This work is proceeding In
q strangely perfunct0ry manner. Mr..
Lowry is bound by an agreement to
complete a certain amount of street car
line and equip it with the latest facili-
ties for travel; but present indications
point to but partial fulfillment of that
agreement. 1t would seem to the inter-
ests of the street railway company to
push forward this work--the equip
ment of all the street car lines
so that increased and quicker facilities
for travel would be enjoyed. That the
people VIII patronize the quicker modes
of travel is demonstrated by the way In
which the two cable systems and the
electric system have been patronized
'ince their Inauguration. There is no
reason why an electric line should not
be constructed for the West side, the
Mississippi street and the Rondo street
tracks. What an impetus the introduce
Eion Of the electric system would give
the building trade in the districts
named, and particularly the West side,
which, the past twelve months, has had
It's progress retarded by the inadequate
facilities for rapid communication with
HE city.
An immense amount of business con- !
tinues to be done in Midway property. |
An old real estate man said yesterday: |
"For investment purposes the Midway !
district is the best place that [ know of, !
and this opinion is strengthened by |
tour throughout the country" There |
are many other realty dealers who sup
port this view Of Midway property. par
ticularly Alvin r. Bushnell, whose firm
large business in the district. The nat
ural advantages of Midway have pre-
viously been noted in this Journal. To
all intending investors and home seek
ers it Is but necessary to say: Visit the
district and make your own conclusions.
Up to date $500, 900 stock of the Manu-
facturers' Loan and Investment COM
pany has been subscribed. A strong
movement will have to at once be made
If the company is to do anything this
year for the development of the city. |
It will take determined effort to raise |
the additional $700,000, and, according |
tC an understanding when the company |
was formed, nothing of a practical char |
acter will be done until the Sl,000,000 |
capital is forthcoming. The public has
heard a great deal about the bringing of
additional factories to the city. 1t is
about time that talking was done with |
and real effort made to secure all the |
big factories "with a capital of 500, 200"
that are reported to be rushing head |
over heels to get location in ST Paul. |
The excitement caused by the city |
election has cooled down, and, as con-
tone observable III business circles. An
election-that is, a keenly contested
electiOn--has detrimental effect on
business. The peoples minds are con-
centrated entirely on the controversy
which mayhap has arisen, and feel dis
posed to set aside the ordinary hum
drum routine of life. Man could not
live without excitement. Thus 1t is
that elections always produce deaden-
ing effect on business. The public
mind becomes unsettled, but immedi-
10 Ind thn
ness man is again back to his books,
working with increased energy and
zeal because of the eXhilarating relapse
he has enjoyed from business cares.
An election is not altogether an unmitl-
gated evil.
1t Is singular that no combined pro-
test has been made against the Nc
Kinley tariff bill. The passage of such
a measure cannot fail to work to the
disadvantage of the people of the North
west. If the consumers are not prosper
Gus. depend upon it. protected on all
sides as the producer may be, he must
suffer to a certain extent. But why
should the consumer of the Northwest
be taxed to enhance the material
interests of the producer of the East?
When it is, perhaps, too late, the busi-
ness men Of st. Paul will see their
folly in not rising in their Indignation
and vigorously protesting against
continuance of this iniQuitous tariff
tax. The condition of the working
people will continue to get worse under
the grinding prices they are compelled
to pay for the necessaries of life, and
when the limit of endurance is reached
the men who should have been the
recognized leaders of the people will
see the awful mistake they are now
making.
o. A. Beal is about to build a two-story
brick dwelling on Isabel street. near Dakota
avenue, at an estimated cost of 81, 900.
Sarah Black purposes erecting two-story
frame dwelling on Marshall avenue, near
Victoria. The estimate is $1,000.
Louis A. Bonneprise will build two.story
frame dwelling at Lafond, near Victoria.
The estimated cost is $1,000.
John Merrill has taken out a So, 900 per-
NIT for a two-story frame dwelling on St
Clair street. near Grotto.
V. j. Rothchild has taken out Sc, 900
permit for twostory frame building on
FARM cunt, near Avon.
Ann Mcdonnell has taken out a permit to
build $4,000 tWO-story frame dwelling
Martin, near Milton.
w. W. Clark will build two two-story frame
buildings on Langford street, near the rail
road, costing 81, ,450.
M. j. hnutSon VIII DullQ q tWO-Story frame
dwelling on Portland, near Kent. Estimate,
$4,000.
E. F. Law has purchased for 81, 600 O lot
On Summit Park from K E. Dancer.
E. V. Holcombe has given 81, 800 for a lot
in Nininger's & Donnelly's addition.
Thomas Cochran purchased two lots at
Manchester Park for SO, 900.
Hiler Hoffman, gave Sc, 900 for a lot IN
Lewis addition.
TRANSFERS FOR THE WEEK.
Consider
Total. alton.
Monday -. .4.... .......... Is S23,475
Tuesday ...ss .i...ss.,..... II 1850
Wednesday. ..........s.... l5 29,1l5
ShurSday. ...s...s.sssss Id, l0Z
Friday. ......... 10 Z0tI40
BUILDING PERMITS
Estimated
Total. Cost
Monday ."'........ q sS2S'S90 600