The Providence news. (Providence [R.I.]) 1891-1906, 1892-05-11
NEWS OF REAL ESTATE.
Twenty-six Lots will be Put Up for
Auction on May Il.
ALL ARR NICELY SITUATED.
4 New Plat to be Opened at Washington
Park-A Spirited ssie-Notes-Trans-
actions in Real Estate and Intentions
to Build

4.
esting proposal to those wishing homes In
the more central parts Of the city. Thirty
six lots will be put up at auction on Sat
urday. May 2lst, at noon. These are
splendidly situated on Potter's avenue,
between Seabury and Grand streets, and
near to the Gorham works. Horse cars
are near on either side, while the belt line
touches the rear with two depots close by
Perhaps, never before in the history of
Providence was such an opportunity given
10 obtain lots at auction prices.
The one who finishes the first house on
the plat will have that house furnished
free of cost. from the well,known estab-
Vile, where the goods are now on exhibit
tion.
The Hon. Henry r. Barker, ex-mayor of
Providence, Mr.. Pryce Owen, merchant
OF Olneyville, and Mr.. Charles IL: Baker,
assistant superintendent at the 6orham
Manufacturing Company, VIII act as
judges to secure fair play.
A New Plat to be Opened at Washington
Park.
The easterly portion of Washington
Park Is to be thrown open TO the public
at the Office Of Isaac L.. COLI on Saturday,
May Ia
This is one of the most beautiful spots
on Narragansett Bay. Part OF this sec
tion is lower than the general level, but
this only serves TO add TO the picturesque
beauty of the rest.
The northerly portion will contain a
whole series of lots that are very high,
overlooking the bay rs far as the eye can
reach. Fall River being plainly visible in
the distance. The view from these points
can never be cut of.
Streets will be continued through this
section so that one may ride, drive or
walk near enough to the water to enjoy
the delightful scenery and drink In the
refreshing breezes which can come only
from Narragansett Bay.
Nowhere in Rhode Island is sunrise so
beautiful as here The heights of East
Providence on the farther shore, the bay
at your feet and every blade of dewey
grass sparkling in the fresh light of the
morning make scene which ought To
lift one above the cares and vexations of
life.
Lots here will be offered at very low
prices, and OH the easy terms which are
characteristic OF the Home Investment
Co. Ten dollars down and $40 a month
and money furnished on liberal condi-
tions to build house.
A park will be laid out in this plat
which in honor Of the period In which we
live will be called columbia"
A Spirited Sale.
A. S. Andrews sold the lot on Hanna
street, next to the corner OF Amsterdam
street, At auction the day before yester-
day for $l0So cash. The lot measured
40 by 50 and the price obtained was fully
up to the highest Olneyville prices.
Chicago's New Manufactures.
A Chicago real estate agent, In speak
ing of the situation in that city to a re-
porter Of the Chicago Herald sat re-
Gently: ''The chief characteristic of the
Eat Ia hn in ppa
tracts, and this must in due course of
time affect other branches of the trade.
1t is within my personal knowledge that
at present Ill factories, principally in the
East, are figuring for locations in and
near Chicago before the WORLDS % fair
made up list of such accessions, 1t was
found that $3.50 Industrial establishments
had located in this vicinity during the
twelve months prior to that time. This
is an unprecedented record, which will
soon be felt in the general real estate
The Central Real Estate Company be-
gan excavations on Monday last. on its
new business block which is to be erected
on Mathewson street.
The members Of the New York Real Es-
tate Exchange contributed sl,S90 to the
Grant Monument Fund last week.
The Exchange has declared semi-an-
nual dividend OF 2lS per cent on the cap
ftal stock PAYABLE May Is.
Benjamin M. We'll of Milwaukee, Wis,
the president of the National Real Estate
Association, has been visiting Boston for
several days with view of interesting
real estate agents of that city in forming
q real a real estate exchange, and inducing
them to send representatives to the next
meeting Of the association, which is to
convene In Buffalo on the 4th OF October.
He has met many of the real estate men
there, and 1t is probable that a good dele
cation will go TO Buffalo.
Mr.. We'll says the prospect is that from
1900 to 5000 gentlemen will be present mt
the convention. and interesting papers are
to be read on various live topics connected
with the real estate business
Mr.. We'll has also been in Providence
recently for the same purpose.
Transactions I'm Real Estate.