The Providence news. (Providence [R.I.]) 1891-1906, 1894-06-29
REALTY MARKET.
Important Changes Noticed
in Land and Buildings.
Suburban Property Still Has the
Call Intentions to Build.

Business in the real estate market dur
ing the past week fell far short OF that OF
any previous week this season. Many
causes contributed to the general depres-
sion, not the least OF which was the intense
heat. There was considerable falling OH
in the amount of sales, but notwithstand-
ing this, there Is no actual depression In
prices. feeling OF strong hopefuiness
and abiding confidence in values still
exists which has as yet been unshaken by
the depression OF the commercial interests
of the country. 1t is the general opinion
among local brokers that the
market can not get much worse
and those who have been waiting so pa
tienly for the clouds OF depression TO
break, are still progressive and hopeful:
For the most part the transfers recorded
are for properties valued at less than
$4,000 but this Is considered as evidence
indisputable that the home buyer Is
still in the market. A large demand Tor
mortgages for improvements character
izes the loan market, and good sized
amounts can be easily secured on good
security. The warm weather has had,
and will have a depressing Influence on
the market, but the prevailing opinion Is
that with the settlement OF the labor
troubles and tariff discussions there VIII
be inaugurated better commercial feel
ing throughout the country. lnsuburban
properties the activity is rather pro-
nounced, and the several plats are being
rapidly settled. The work on the
several business blocks in process OF
erection is being pushed as rapidly as
possible and in all parts OF the city new
resident structures are going up almost
in a night. Notwithstanding the mid
summer dullness there are unmistakable
signs of promise, and the general verdict
is that the market will certainly improve.
a Doomed Landmark.
The Simmons homestead, the old land
mark on Weybosset street, nearly oppo-
site the Round Top Church, is to be razed
shortly and a new modern business block
will be erected in its place. The structure,
which Is more than century old, Is the
2-story wooden building, part of which
is occ lpied by John Pettis' oyster
rooms. The exact age OF the landmark is
not known, but IL Ia an assured fact that
it was erected long before the church across
the way. When first built it was looked
upon as being the most pretentious build.
ing in the city, but with the progress OF
time comes deterioration and the struc-
ture must make way Tor block OF these
days. $50
The New Convent.
The old building at the corner OF Broad
and Claverick streets has been entirely
demolished and work on the new conven,
10 be erected on that site will be begur
shortly. Architects Martin * Hall have
prepared plans for n handsome and sub.
stantial structure and when completed
the building will contain every possible
convenience for its purpose.
Schoolhouse Sold.
At noon yesterday the old Federal street
primary schoolhouse on the north side o
Federal street was sold TO James >. Nc
Cabe for $50. The building is 2Sx6O feet
containing four rooms.
Intentions to Build.
Joseph +. McCarron, SO Wallins street
build q b-story four-tenement house OIL
north side Hedly street, near Wallinl
street; cost s2700. Charles A. Phillips
builder.
A. S. Doughty, 1886 Broad street, bull,
an addition for creamery at 1885 Broa'
street.
Mrs. Ella f. Gardiner, build an addition
for shed 263 West Exchange street
near Bradford; cost $3.50. Thomas Stubs
builder.
l.. Kamelher, i3 Bernon street, build
pne-story store 43 Bernon street; cos
Sl65.
Mary T.. Bonino, build 2h-story, tw
family house on south side of Atwell
avenue, west of Ridge street; cost $500
IgsEbear, builder. Il. /. Nickersor
architect.
Hetty T. Sprague, build 2h story, on
family house on west side Stimson avenue
u. Mason, builders; Il. j. Nickerson, ar
chitect.
Patrick Lynch, address Butler Hospita
build a History, one family house o
northeast corner OF Lorimer and Rocham
beau avenues; cost S1200. James Nc
Gregor, builder.
Philip Faust, 567 Harris avenue, max
alterations TO house in rear of 567 Harri
avenue, near Helme street. Charles A
Phillips, builder.
John Cotton ct ux., Governor street
build 2h story three family house o
Governor street; cost $500. Thomas
Barry, builder.
A. o. Coates, 954 Manton avenu,
build a 1-story bakery, 95i Manton avenu,
above school house. Clarke, builder.
Lloyd G. Eddy, % Dyer street, bull
all h-story cottage at Fields Point. i.
Saunders, builder.
Samuel Lister, 9o7 Manton avenu,
build a 2h-story, two family house o
Dyerville road; cost $500.
Edward Boylan, 1898 Westninste
street, build ~ story two-family hous
herst street; cost $1,000. Barstow q Chas
John w. Angel, AZ Weybosset stree,
make alterations on front Of buildin
1853 and 105? Westminster street, 70
stores; cost $3.50 each. Allan McDonal
builder.
George f. Long, address III. T.. Dodg,
46 Custom House street, build 2-stor,
French roof, four r-family house on south
west side OF Charles street, near AshbuI
ton street; cost $1,000.
Mary A. Mulvey, build bay window o
front of two-family house 32i Publ
street.
l.. Diamond, corner Charles street an
Randall square, build 1-story store o
west side OF Richmond street, near CORN
OF Pine street; cost $500. j. TaudviI
builder.
Avcr's pills nromote tho natural potion ,