St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-12-07
REALTY NOW MOVES.
a Good Weeks Business Re-
ported by the Festive Dirt
Dealer.
Large Purchase of City Prop
ePty by Prominent Balti-
more Capitalist.
Transfers for the Week Run
Up to the Magnificent To-
tai OF 100000.
Demand for Suburban and
Inside Lots Likely TO Con-
tinue Very Active.

The real estate market during the past week
has shown a marked Improvement; many IN
porlant deals have been con=unm2ted. as
shown ey The transfers. Transfers for the
week ending yesterday morning aggregate
$4,000. Amongst the largest deals closed
IS he transfer Of the Schultz block. at the
southwest corner OF Seventh and Jackson
streets This Is an Office aud store building,
well rented. and sold for SlS3, 600 TO : Balti-
more business man The purchase was made
only after thorough Investigation by the
purchaser OF other Western cities, and is
sure indication thai values Of s. Paul realty
are Conservative. The same party also pur-
chased forty-Six feet frontage on East Fifth
street, near >ibley, and the Improvements
thereon. Tor $40 5O. The ground was valued
at $500 Per front foot Eighty acres
81 the corner Of Dale and Front
streets hiss been sold and transfer made.
The consideration paid Tor this property is
S-uo,O -. The land Is located east OF Dsle
and north OF Front street near Como avenue
ald'y-lll be wen supplied with quick transit
IS soon as The Como sveaEe and Front street
electric line l. operated. The track IS laid
and poles sud wires Ut. Il IS expected that
this line viii be operated as soon as the re-
p6lTs and strengthening Of the bridge over
tie Manitoba tracks are completed. which
VIII probably be II The next thirty or forty
DAYS. Many other important transfers OF
property haV- been made, and everything
seems favorable Tor an active winters bUsl-
ness.
Considerable inquiry IS noticed among real
estate dealers for los, blocks and acres along
me different rapid transit lines now being
constructed. Inc University avenue district
and property along the Seibv avenue cable
Inc seems 10 &c most sought after A num-
Der Of good sales have been made
- properly alour the Randolph street
electric line. This line IS partly
constructed. and On the completion OF
lie regarding Of the Randolph street hill the
Inc viii BE- finished and operated with very
satisfactory service. The st PAIL City Rail
way company have assured The parues who
secured tne bonus Tor the CONSTRUCTION OF
this line THAI no time VIII be lost IN com plet-
ing and operating = Is carly next spring as
possible
Owners of real estate in this city generally
feel vel saliSHed with the present outlook
snd are firm II their prices. Inquiry for ell
Kinds OF really IS good and many sales are
being cOlSEmulsted- " Ell located suburban
property That ! supplied with quick transit
5 considered very 1ayoTably and the inquiry
IJr inside business property Is large.
The early operation OF the electric lines On
the West side is stimulating business II that
direction. j large amount Of building has
been done On the West side during the past
season ard compares favorably both a 10
the class CT buildings and amount invested
with other sections Of me city. Arrange
Eent1 are being perfected for putting n .
large amount OF Irgckage below the Union
Sloekyards Oh the West side. Every induce
ment VIII be offered 70 manufacturers IN 10
cate OF these tracks. and Il IS proposed to
furnish power 70 small industries. The pres
en- outlook IS good Tor the location OF num-
ner OF factories IN this section OF the city.
Faiues are well maintained fOr ST. Anthony
nil ana Midway property. The large num-
Der OF frst-class dwellings and Improvements
made II this section Of the city compares
fGyOCsblv with the building record OF 1889.
i large number Of new buildings in the
n n IS district are nearing completion.
A1v-g them < the c. W Haekett Hardware
camPauy's building. IL the corner OF Fourth
and ROsdbel. costing SlOU o.; the Metro
DOlitan opera house and Office building on
Sixth street. costing $3.50, 900; the office
building al the corner OF sixth and Miune-
sofa. 500. coo; The large Office building at the
corner Of Fifth and Robert streets, costing
S500ooo.
4 few OF the important transfers for the
week were: Lot ~, block g, Anna E.
Ramsey;s addition. SD o: part of lot d
block 24- Rice * Iryines addition. SI2."OO.
The west half OF the northwest quarter Of
section -. town %. range d 80 acres
This property IS located az the corner Of
Front and ale streets. being north of Front
for $500 per acre, or total Of S-0o,0pO.
Lot %. block 4, Syndicate Addition No. >.
ecld for Ss5 ,.
lots % and pc. block > Haupt's, near St
Clair street. SD .: lot I. block g. Hol-
combs. IS. GEO; lot ., block II, Holcomb's
and improvements, So. QUO: lot ). block >
ScubneT u Chittendeli'S. and improvements,
=. 600; lot IS. block IS, MaTshall's addition
West side, $4,000.
Lot 9. block u, Munger < DonneIly's. and
improvements. s., 90 a; part of block 8 Me-
henIy's addition, Sl2,O o; lot 3. block Il,
Arlington Hills $1,000; lot 81. block T.
sylvan PARK $3.50.
lot 6. block 9. Arlington Heights and i'm
Park addition. and Improvements. ST. OUU;
lot %, block :. Winters addition, $500
Part Of block Is, y hitney L Smiths add
ton. being 10 feet frontage on East Fifth
street. near Slbley, and improvements. S46,-
go
Total transfers for the week Of real estate
are over $500, 900.
BUshueu y bu>huen consider the marke
IL excellent condition. and state that thew
have had q good weeks business. Numerous
sales have been made Of Midway and West
side property. and one inside business lot.
smith & Taylor-ETerythin is looking
1ne.
snow & FGlihee-We have nothing to com
plain about
Ed Simontor-I am still looking TO Midway
propertp 10 start the long promised boom.
The dealers generally throughout the eitv
we're very confident respecting the tone of