St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-10-18


side would show to magnificent advan-
tage and be a pride to the city. The
street lies high and dry. and cOnid
never be muddy. There Will never be
any necessity for heavy trucking
through it, while the beautiful view
from it makes it most desirable for car
riage driving. In fact, cannot mag
inc street which could be more artistic
ally and beautifully arranged for ladies'
shopping, driving and promeDading than
West Third street; ana | am not The
fortunate possesSOr of any corner lots
there, either.
81
at last Tie realty men of ST. Paul have
awakened 10 the fact that that if the
city is TO be kept before the capitalists
of the country 1t is necessary to use
printers ink more extensively. The
great mistake of the real estate men in
the past has been that they allowed
themselves to be consumed with the be-
lief that the city would advertise itself.
They are new finding out their mistake.
A meeting of realty men was held the
other evening at the chamber of com
merce. and those present determined
that in the best interests OF the city
printers ink must be used more eXteu-
sively iii the future. One gentleman
remarked: 1t is a singular fact that
in the East, while you hear repeated in
quiries respecting Minneapolis, rarely
anything is heard Of ST. Paul.
TIE reason is that the Min
neapolis men are ever on the
alert TO advertise their city, and use
nine times the amount of printers INK
that is used by this city" In this coli
nection, Secretary Tallmadge voiced
what should be the sentiments of local
advertisers, and that the necessity for
refusing to advertise in schemes got up
10y outsiders. As Mr.. Tallmadge stated.
such schemes do not do the city a par
ticle of good, and, in almost every in
stance where such advertising had been
placed, ne mad noticed that the contract
had never been lived up TO. Such
schemes were merely got up to make
money, and, having secured that, the
people plotting them cared little whether
the advertising was placed as they had
guaranteed the advertisers.
~
For the inauguration Of the ''printerS'
ink period" the realty men have de-
cided 10 put $500 in a special publiea-
ton got up by local publisher, and
copy OF this is to be placed III the hands
Of 5,G00 wholesale merchants through
out the country. The idea is one CON
ceived by II. 5. Fairehild. No one Will
deny st. Paul,s undoubted position as
commercial center; the manufacturing
standard in the city will be established
in time. Mr. Fairchld suggest thata great
work can be accomplished in extending
The iObbing business in st. Paul. Few
people, even in the city, are aware of its
present mammoth proportions. and the
desrability OF publishing information
respecting it is. therefore, all the more
necessary. There are, i'll various parts
of the country, owing to the mgrationS
Of citizens. Il large number of reSpecta-
BILE iobbing and wholesale houses doing
a languishing business. Mr.. Faircii!d'S
idea is TO get the owners OF these inter
eSted in St. Paul and ultimately make
this their location. There is room
enough Tor many more jobberS and
wholesalers, and the more located here
the better it Will be for the city at large,
and real estate men in particular. All
the empty lofts will lie rented, and a
demand created for more. In that way
all along the line healthy stimulus
will be given to the city's trade.
The property owners on Selby avenue
between Victoria street and Merriam
Park seem to have the best of the ar
gument with Col. Lowry, of the city
railway company. A little over a year
ago these property owners subscri bed
100000 for the extension of the cable
line from Dale street to Merriam Park.
Within the last six weeks. largely on
the score Of economy, Col. Lowry has
seen fit to substitute electricity for cable
power, and, as result, people travelling
on the Selby line through to Merriam
Park have to make transfer But it
is not only this which has raised the
choler of the property owners. The
electric service is claimed to be inferior
to the cable service, i'll that it is not so
regular. Col. Lowry freely admits that
there has been a breach of faith, but
claims that eventually the electric car
service Will be found better than the
cable car service. However, as the
property owuerS protest. he has sug-
gested that the bonus question mad bet
ter be compromised. and the final set
Element of the matter is now in the
hands of committee of property own
ers. 1t will either be a compromise or
a law suit.
Of the real estate trade the past week
the stereotyped phrase may be used !:
"a good inquiry ana few sales" The
property sold has been largely in the
suburban districts fer residential pur-
poses. A real estate man put the stu
alton very clearly the other day. In
the early spring there was a healthy
movement in realty. The SUMMER
months trade was quiet. and | do not
expect any decided movement until
about FEBRUARY. Money is pretty light
just now. All the available cash is
tied up in the movement of the crops.
In the latter part of December and JAN
nary much of the money will he rptIrD-
ing to the cities, and III FEBRUARY the full
flush will be experienced. Then look
out for boom i'll st Paul realty. Val
ues are bound to go up then"
Il
The renting agents report very brisk
demand for good residential property
There are very few houses, rented al
from S25 to $50 a month, vacant-that is
if the property is in good condition and
supplied with all modern conyeniences
A West side realty dealer makes novel
prophecy. He says that in time all the
low-lying ground on the West side viii