The Providence news. (Providence [R.I.]) 1891-1906, 1892-07-08
NEWS OF REAL ESTATE.
The Only Activity Is In Auction
Sales.
NO IMPORTANT TRANSACTIONS.
a. Auction Good Improved Property 10
Almost Certain to Bring Its Full Value.
--AnAirs 1t Oakland Beach. "The Eden
Of Narrsgansett Bay


The News last week published the
opinions of a number Of men engaged in
the real estate business In regard to
real estate exchange The matter OF its
formation rests entirely with the real es-
tate men of PROVIDENCE. II they deem it
desirable to form one the NEWS will give
Ats hearty cooperation.
The Market.
Now seems to be the dull season. The
remainder of the month and the whole of
August promises to remain so. There
have been no transactions OF Importance
and the only activity is in auction sales.
A large amount of property seems TO be
thrown on the market to close at auction
from the fact that auction sales are well
attended and fair prices are being real
ized, in some cases above the expecta-
tions of the sellers. Any good improved
property is almost certain to bring very
near its value at auction under the pres
ent conditions Of the market.
Alterations In the Atlantic building.
The First National Bank and the
Rhode Island Safe Deposit Company
some time since removed their quarters
from the Atlantic Building. Soon exten-
building to prepare IL for occupancy by
the Industrial Trust Company.
At harrington.
ID. A. Waldron reports a number OF
sales on the Drownville Plat OF Villa lots
in harrington. A number OF parties are
looking over the plat contemplating buy
Ing.
At Oakland Beach.
Next week the RHODE ISLAND militia
will 90 into camp at Oakland Beach.
There are thousands who will visit Camp
Brown. II will be q first rate opportufe
ity to visit the property OF the Oakland
Beach Association and may be the means
of starting quite boom in real estate in
this attractive place. One who intends
70 purchase q site for summer residence
can scarcely visit Oakland Beach without
buying lot.
oakland Beach is one of the finest places
ON Narrsgansett Bay. The water view is
excellent. Bathing Is safe. There are
drives, both along the shore and inland.
There Is a combination OF sea shore and
country, which makes 1t most attractive.
The hotel has Accommodations for 200
guests. There seems to be everything
that is desirable in this eden of Nara
gansett Bay"
The Pdwturet VALLEY Cleaner of Octo-
Der Is. 1891, had the following: Speak
ing about Oakland Beach Hotel few
QAl8 blnCe. Ill bukkCctCu
that IL would be good thing for its own
ners to convert it into sanitarium Tor
Yictims of nervous diseases and dipsoma=
MIA. The suggestion was prompted by
seeing the numerous advertisements Of
such institutions in the popular maga
ZINES OF the day. and observing that they
were mostly out of New England. For
the treatment OF the affiiction named,
Oakland Beach from a climatic point OF
view would prove good place ana IT
could easily be made as comfortable for
winter as for summer patients"
William " Rickard Company are
tiou.
Ten Cents on tho Dollar.
Two insolvent real estate dealers in
Holyoke, Mass, Williams e. Lockwood,
think they can settle their bills at ten
cents on the dollar. The creditors are
ready to accept any figure. This is but
little better than a Fall River man who
paid his creditors four cents on the dollar.
Washington Park.
Nothing is more common than to hear
some old:.resident say
II have been out to Washington Park;
] have not seen it before In two months
and never before saw place change SO
There is abundant reason for such an
observation as this, Water pipes lie on
the ground the whole length of Massa-
chusetts and Vermont avenues, but before
this Is in print they will be covered up
and filled with cool Pawtuxet.
Five avenues are now supplied with
water
Gas Is being put IN over the whole plat
Several new houses are just begun on
MASSACHUSETTS avenue.
Washington, Massachusetts and Yer
mont avenues are to be graded and other
wise improved so as to invite travel clear
to the river; the other avenues will also
soon be improved.
A sewer Is among the possibilities in
the neAr future.
e. c. Pierce, the well-known attorney,
has decided to bnild a house on the south
east corner of Washington and Virginia
avenues, one Of the most beautiful spots
on the plat.
Messrp. George f. Tillinghast and John
M. Battey will build at once on Washing
ton avenue.
The new house Of George A. Yonlden is
Just completed and the barn nearly so.
Both are very handsome and have at
tracted marked attention from passers
by. The beautiful lawn is adorned with
the owners name artistically wrought
with growing plants.
GeoBge l.. Robinson has moved into his
new house.