The Providence news. (Providence [R.I.]) 1891-1906, 1894-05-11
REALTY MARKET.
Many Evidences of Activity
Noted During the Week.
More Big Business Buildings Suhur-
ban Activity Intentions to Build.

UnmistakaBie evidences OF activity were
90 be observed in the Providence real
estate market during the past week. "A
ISumber OF large transactions were con-
summated and in every case the prices Sc
cured showed the tangible value OF Prov
idepce property. The atmosphere
is pervaded with feeling OF
encouragement and capitalists are
exhibiting decided inclination 10 make
Investments in good paying realities.
Money seems much easier and IN the loan
market il is easily obtainable on good
security. In the large office buildings the
usual turmoil OF changing tenants and ar
ranging for new occupants As now being
experienced, and while the changing
about Is considerable, the agents OF the
Office structures report results as very
gratifying, not alone in the number
OF tenants secured and retained, but
in the keeping up OF rents to the
standard. The prevailing conditions
of the market point to one OF the
best seasons from the financial point OF
view and dealers are already experiencing
great rush of business. One of the best
indications as TO the state OF the market
is in the number of intentions TO
build filed by people desirous of
owning homes. When these in
tentions are numerous the market
is active and when few il is poor. The
the conditions of the market is cores
pondingly healthy.
New ve-Story Block.
handsome five story block for business
purposes is TO be erected by the Butler
Duncan Land Company on the site of the
old block recently demolished on West
minister street. The structure is
70 be OF brick and iron
and when completed will be
fQI nf INN irr ar-rt ta0 faf fr n
The contract for the building of the
block has been awarded to Norcross
Brothers, and work will be commenced
immediately.
More Large Buildings.
A large building for business purposes
is to be erected by the Gallup Building
Company on East George street
for a. photagraphing, concern in
Will stand on foundation of rock
five feet above the level OF the street.
The Gallup Building Company also has
under process of erection large block on
Gano street for tenements. The building
will be 30x100 feet two stories high, con-
tainlng eight tenements and will cost
5000.
Important Convcyances.
The estate comprising three dwellings
and lot 100 feet square at the corner OF
Jefferson and Common streets, was sold
this week by ". Y. Horton 90 Annie Il.
Percc. The sale includes very valuable
tract OF land An estate on the Eagle Mill
plat on Norfolk street was sold
by the heirs of Catherine Quinn this
week TO Mrs. William Quinn fer -S+s.2244-a, H.
Daniel Sayles has bought an estate on
Point street belonging to T.. S. Dodge
for $1,000. Rodolph Berry purchased
estate at the east corner OF Chest
nut and Bassett streets of w. X.
Reynolds for s7475. w. II. Reynolds
also sold TO James j. Maher estate on
west side OF Elbow street for S37o0. An
drew $. Southwick eft ux. sold estate on
Linwood avenue TO Charles Law fer $4,000,
and IL. "A. Cook conveyed Co w. G.. James
estate on Madison avenu for $1,000.
A New Suburban Plat.
Isaac l.. Goff has recently completed the
purchase OF large tract OF land on the
outskirts OF the city containing 30 acres
which viii be plated as once, laid
ont into house lots and pat upon
the market. The plat is within W
minutes ride Of the city and will he sup
piled with wattr id gas direct from the
city streets. The owner has not divulged
iic name OF the new plat as yet, but will
clnounce il shortly.
Suburban Property.
Thore is a big boom 1son'' in lots on tho
Naylsnd Park Annex and the pronrictors,
knowles, NcCeiu ~ Co., report sales as
active and business ns exceedingly pros.
perons. fhe property is provided with
ell ans luxurie- and conycaicnces ct the
q ~ water enc gas, and is Loing rapidly
bought np.
highland Park, The new plat on Gran
sts - street, recently placed on the market,
rrvyes a great drawing card T. 8. Che
neys the agent for r. l.. BudlonR the pro-
pr1ttor. reports trade in hcse lots n ! hrt4l.
and sales as active.
Mood, Harmon & CO.. are still booming
the West Arlington plat with great suc-
cess. This charminyly located piece OF
property now resembles n small city, SO
nuiacrous have the resident struetures
become aud before the close II the season
tits expected that every lot will. have been
.aken.
The demand for house lots on tho An
burndale plat, controlled by the Narra-
gansett Real Estate Company still con-
tlnues DISK and active. Sales are steady
and business is thriving.
W. w. Rickard q Co, report an in
creasing demand for portions of the Oak
land Beach property and q number of
summer residences nre already well under
way and nearing completion. This plat
includes large tract of land, most OF
which Is we'll wooded and delightfully."-
located.
The Moses Brown farm plat controlled
by Samuel A. Nightingale is one OF the
most desirable locations for residences
within the city limits. IL extends from
the Friends School property and the
Dexter donation on the west TO the Black I
and severed.
Calderwood Park on the east side is Just