St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-04-26
Good Sales, Excellent Inquiry
and Heavy Eastern Mail Re-
ported by Dealers.
Midway Districts Still Lead
as the Best Section for In
VeStmentS.
Considerable Attention Paid
to the Great Promise Of
the West Side.
The Building Trade Opens
Bright, With Contracts for
Residences Galore.

in a line, is the realty record of the
week. Dealers are exceedingly we'll
pleased with the spring outlook. and
nothing but the most untoWard calam-
lty can intervene to mar the prospects
of a good business year. At present
the greatest activity is displayed in
Midway property. The operation of the
electric and cable lines, as indicated
months ago, has given quite an impetus
to the value of property in this part OF
the city. Contracts are already under
way for the building of hundreds of
houses in this district. The cry has
gone up that st. Paul was overbuilt
WHOEVER there may be in such cry
bears no weight so far as evidences on
the hill and in the Midway district are
concerned. The property in this Sec
ton is eagerly rented at good and re-
munerative figures. The untenanted
houses are few and very far between.
In small way the Manufacturers In
vestment association may be said to be
dong a certain amount of good, but it
falls away behind the great agitation
which occurred early last year for the
location of manufactures in the city.
1t is said that great things move slowly.
The Manufacturers Investment asSocia-
ton must be great corporation, for 1t
indeed has wonderfully snall-llke
mode of building up the factories OF st.
Paul.
Then there is the Industrial union
and Mr.. Phelps. The work done by
this moribund organization and its high
ly paid official should not be ignored. 1t
is. indeed, a standing monument to
certain section of business men-this
Industrial union and Mr.. PhelpS-that,
notwithstanding thousands of dollars
are annually wasted upon them for the
purpose of building up the city's man
ufactories," the sum total secured by
their arduouS labOrS is practically nil.
The supposed value of Mr.. Phelps
services will be better gagged at the
end of the three years contract to which
a score or so gentlemen have for months
been biting their fingers for having at
tached their names.
There is healthy. growing movement
on the West side. The better street car
facilities, together with the location of
the stove factory and one or two other
minor institutions, are doing a great
deal for the building up of this part of
the city. Next to Midway property that
or the West side is being most closely
watched by dealers. The values are
bound to go up within the next few
years. The delay in building the
Broadway bridge is very unfortunate,
as the building of a bridge at that
point is certain TO make the West side
the future manufacturing center of the
81 hn IN fnr
the freight yards of the railroads. The
railroads are now considerably ham
pered by the limited space available for
the handling of freight. The cIty's car
rying trade is growing yearly, and it is
only a question of time when the rail
roads will be forced to erect more
cOmmodious freight yards. The West
side-with the Broadway bridge built,
and below it railroad BRIDGES the
only available spot for the railroad mag
mates to turn to.
The Arlington hills and Dayton's
bluff are in a somewhat quieScent state.
These districts are largely being built
up Ly the industry and thrift of the
working classes. The hills and bluff
dreds of small, substantial cottages. A
straitened money market, and with it
marked diminution in the price paid
for labor, has natural tendency to cut
off any speculative or investive spirit on
the part of the working people. Here we
have one great reason for the quietnesS
noted by dealers on Arlington hills and
Dayton's bluff. But the lull is only
temporary. These industrial hives of
the city are bound to expand. The
popularity of the districts as residential
quarters has been enhanced by the
ready and easy access now obtained to
them. While the city's growth will be
extended eastward by the building up
of DaytoD's bluff, its march northwards
will he none the less vigorous by the
settling up of Arlington hills. Work
ingmen, intending property buyers,
would do well to look these sections up
before definitely deciding upon a site.
The building prospects for the season
are especially good. The contracts I'M
der way do not include many big build
ingS, though what there is of them will
be decided advantage to the city.
Residences galore are going to be built
in every nook of the city. The archi-
tects are choked with work in this line.
and in the end it is exceedingly prob
lematical whether the building for 1891.
Notwithstanding the lack of big con
tracts which have usually filled out
preceding years, will be found very far
in tho