Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1891-11-29
IT'S COURSE UPWARD.
MARKET STREET REAL ESTATE HOLDING ITS
OWN BEAUTIFULLY,
As H1.mplif.d in the Sale Of the BusbY Proper
ty, Ysslardsy-lhs Figures AppGain-
ing to Recent Sales Recalled
Causes and Effects.

| The man WIN ndo q oilOo VI 1hoi h00
street real estate, between Eleventh
street and the creek, has good thing.
The fortunate individual who has a
section of land between Twelfth and
Sixteenth streets, has q particularly
good thing.
That property in this section of the
city has been q fine purchase in the
mast. at the prices asked, everybody
knows.
This faith in the value of realty in the
section named has been abundantly
demonstrated in late years, and was
once more illustrated yesterday, when,
at the auction sale OF the BuSby prop
erty, at the intersection of Market street
and Alley Twelve, thirty-nine feet eight
inches sold for S630.55 a front foot, and
forty feet sold for $500 front foot, an
average of about $3.50 foot, the sale
netting SAL, 5000. The firm Of Trimbe
& LutZ purchased the north half, and
the south portion went TO Louis Huse-
man. There was big crowd present
when Auctioneer Halter put the prop
erty up, and among the bidders were w.
L. Calm, for the Masons, John Frew
and j. P. Rogers.
Within the past ten years the value OF
Market street property betweenEieventh
and Sixteenth streets, has appreciated
fully one hundred per cent. on an aver
age, and in special instances, the in
crease has been even higher.
The City Bank paid $40, 600 for thirty
four feet front at the corner of Market
street and Alley nine, or S5SS front
foot.
Just across the street, and but two
doors below, the Title and Trust Com
pany paid $4,000 for sixty-four feet
front, or $751; front foot. This piece in
cludes the fine building known as
Schul2's confectionery.
Then the thirty-three feet just south
of Pollocks mill was put up, and j. M.
Brown bid it in for $4,000, or S424 a
foot.
The next sale was the Central res
taurant property, opposite this office, to
Col. Thomas OBrlen, twenty-five feet,
for Sl2, 500, or S56S foot.
The next sale was that OF the three
story block just south Of the Dollar
Bank, to that corporation. The 'front.'
age was thirty-six feet, and the price
was $40, 900 or $3.50 front foot.
Yesterday the Busby property came
in, as has been stated, with thirty
nine feet eight inches, atS63O.55 front
foot, and forty feet at $500 foot.
A summary of these sales show that
269 feet of land brought $171, 800, or an
average of S633 front foot.
A study OF these figures will show
that, considering the nature OF the In
provements property south OF Four
teenth street is just about as valuable
as that north of that street, and the in
dication is Enthusiastically that investors
and business men recognize that the ad
vent Of the Union depot, and the great i'm
provements along the creek general,
and the prospect that the 3. 81 o. road
will ere long be removed from Six
teenth street, is having its effect. The
trend of business has been steadily
southwark for twenty-five years, and at
no time has II been more pronounced
than at the present time, and the very
near future promises that that portion
Of Market street south OF Fourteenth,
and especially on the east side, will see
some improvements equal to any exist
ing north Of Fourteenth, or, indeed,
anywhere In the city. One OF these I'M
provements to come within few
years, will be at the corner OF
Fourteenth and Market streets,
where the Rogers estate has in
contemplation the erection OF very
large and handsome structure. Farther
down, on the same side Of the street,
the existing frame buildings, OF no par
ticular value, must soon sIccumb be-
fore the march OF Improvement, and
handsome business blocks will take
their place. Nothing will probably be
done with the Busby property for some
little time TO come, as the north part
will not be occupied by TrimbIe g. Lutz
for year or so, their present lease not
having expired, and Mr.. Huseman's in
tentions respecting the lower half are
not known, but such valuable ground
cannot be idle long. When Messrs
TrImble & Lutz move in. the Lutz
Bros. laundry will go in with them.
North of Fourteenth street several i'm
provements, notably those by the Ger
man Fire Insurance Company, are in
contemplation, and the next ten years.
1t is safe to assert, will see the street,
from Twelfth TO the creek, lined with
magnificent business structures OF which
an example and a pioneer is afforded by
the new City Bank building.