The Providence news. (Providence [R.I.]) 1891-1906, 1894-06-15
REALTY MARKET.
Important Changes That Have
Taken Place This Week.

The week past displayed no very marked
change in the real estate market. The
demand still continues fair and sales steady
but no special activity has been noticed.
In suburban property there was quite
lively movement, and owners OF the
different plats report sales as numerous
and steady in demand. Prices in realty
are being maintained and with but Few
exceptions no sales have been con-
summated at sacrifices. Abundant
money is seeking investment. and
probable purchasers are busy in looking
Tor good substantial property in eligible
localities. The loan market shows
heavy demand, 81 real estate mortgages
and % chattel mortgages having been re-
The large building enterprises begun in
the fall and winter are well under way
and will soon be completed. These fur,
nish work for an army of carpenters and
builders, who are rushing with might and
main to finish up before the cold season.
While the demand for tenements and
houses was excessive early In the year,
there are still large number OF unoccu-
pied residences in the city. The cause Is
attributed to the seeking after homes
on the suburban plats, and house
owners are already contemplating stih
season of competition with owners OF out
side plats. However, as soon as financial
affairs readjust themselves and recover the
equilibrium of the past seasons the real
estate market will revive, but not I'LL
then.
A Novel Structure.
Afive-story building is soon to be erected
by the Burden Seamless Filled Wire Com
pany, on the plat bounded by Summer,
Meadow, Lockwood and Haskins streets.
The structure is to be 525 feet in length
and 40 feet in width. A court in the
centre, 130x150 feet will afford ventilation.
The building will be model OF its kind,
and Is to be constructed OF steel ana
glass. When completed it viii possess
every advantage for manufacturing.
Hoppin. Read a. Hoppin, architects.
The New Telephone 'Change.
The new building of the Providence
Telephone Company is nearly ready for
occupancy, 1t requiring but few weeks
more to complete the furnishing. The
building m ranks KANT among n; sns rsi ans
is easily in the lead for ornamental
beauty. The white coping and trim
mings give IL q rich appearance, ana with
the bronze settings the beauty in detail
will be accentuated.
The addition to the Brown a. Sharpe
Manufacturing Company's plant on
Promenade street is nearly completed, in
fact is completed as to the walls and roof.
A. high chimney now rises above the
plant and within a few weeks will be
completed. The addition is an immense
workshop OF great area, and will furnish
accommodations for the greatest rush.
The foundation walls for the new parish
house in process of erection by the So
ciety of the Church of the Redeemer, have
been almost entirely completed and work
on the main part of the structure will
be begun at once. The plans
call for building OF brick with
granite trimmings two and half stories
in height. The roof is to be OF sfute. The
structure will contain room for all the
church societies and parish organizations.
A larger hall for entertainments and social
gatherings will occupy one floor.
Intentions to Build.
Charles II. Day, 1O6 Dyer street, build a
2-story, two-tenement house on south
side OF Earl street. Robert Patterson,
builder; Gould, Angel q Swift, architects.
William III. Covell, build q 1h-story,
one-family house on east side ofCarlton
street, between Belmont avenue and Ro-
anoke street.
Joseph w. ". Rich, 10 Arch street, build
q 2-story one family house on north side
of Blackstone street, near Friendship;
cost $4500.
sisters Of Mercy, build 4-story brick
convent on Broad, Claverick and Foster
streets. William Gilbane q Brother,
builders; Martin Il Hall, architects.
John A. Angel estate, build two az
story 2-family houses on south side WASH
ington street, near knight street. Allen
Mcdonald, builder; Martin d Hall, ar
chitects.
Mrs. Scott A. Smith, make alterations
to one family house on north side of
Peace street, between Elmwood avenue
and Bucklin street.
Oliver Kendall, 226 Pine street, build an
addition to house II Hoppin street.
Phillip Durigan ct ux., Wood street,
build 2H story, two family house on
north side Of Wood street, between Hunt
ington avenue and Ellery street; cost
$1,000. Jude l.. Allen, builder.
ii. e. Barney, Ward street, build 2h-
story, one family house on south side
Meeting street, between Thayer and
Brook streets; cost $500.
William III. Hall, 20 Tobey street, build
a2h-story, two-family house on south
side Ring street, near Tobey street; cost
$4,000. Cornell, Peavey q CO., builders.
Rachel Cohen, 224 Gladstone avenue,
build an addition TO front OF building 224
Gladstone avenue for store; $500. James
McKannasy, builder.
Ernest G. Wesley, 20 Jewett street, build
| n 2b-story, two family house on west side
Holden street, near Jewett street; cost
$500.
Edward Connolly ct ux., No. 15 Flora
street, build q 2-story, two-family house
| on northwest side Merchant street, near
Ashton street; cost $1,000. M. McElroy,
| builder.
Daniel Troy, No. IL Dixie street, make
| alterations to house No. % Troy street,
corner Dixie street, for three families.
David j. Barr ct ux., 10 Perry street,
build a History one family house on
north side Chaplin avenue, between Mes
ser and Ellery streets; cost $1,000. Brady
| Bros, builders.
| Henry g. Day, 1O6 Dyer street, build q
| 2-story two-tenement house on south side
| West Friendship street, near Elmwood
avenue. Robert Patterson, builder; Gould,