The Providence news. (Providence [R.I.]) 1891-1906, 1894-07-13
REALTY MARKET.
4 Reaction in Real Estate
Makes Business Lively.
New Business Blocks to Be Erected
and Stores Being Enlarged.


The real estate market displayed a con-
ness showed an increased activity. Con-
veyances OF properties were numerous
and several large parcels of land changed
ownership There is but little effect felt
IN the local market from the strikes
IN the West and conservative
falling Oh In the demand will result from
that score. In comparison with the same
week last year the market exhibits slight
d1minution in sales and conveyances, but
with each weeks recovery from the
recent financial depression comes the
prospects OF better times, and now the
far-sighted agent is stalking heavily ON
the fall rush OF business. Owners of tene-
ments and houses report the demand as
slightly under that OF the previous
week, but in some cases, owing
20 the times, reduction OF
Agents of the large Office buildings report
steady, undiminishing call for pleas
antIy located offices and are doing a
good business in the shifting and COM
Ing In of tenants. The loan market,
while not especially active, still
and loans of SIC, 900 and more can be easily
secured on good collateral. Owing to the
national holiday last week the real
estate market sustained q considerable
setback from which 1t is just recover
ing. In suburban properties the
demsnq continues strong and the ,,rrina several
temptations TO the investor with ready
cash. Taking 1t all In all, therefore, the
market is in az good q condition as could
be expected, with bright prospects for the
future.
Two New Business Blocks.
The work of demolishing the group Of
buildings included between Weybosset,
Orange, Pine and Peck streets was begun
Monday of this week. The property
owned by j. Edward Studley Is to be
cleared on and two new buildings OF
brick, stone and iron will be erected.
in height, and the other two, both tolbe
ussd for business purposes, at cost of
$4,000. The work Of demolition is we'll
under way and within q fortnight the
foundations for the new block will be
laid.
Boston Store Enlargement.
+ During the week to come the building
occupied by Callendxr, ,McAusian a. Troup,
known as the Boston Store" will be en-
fs1n ! half y to ''ohs the 'sD structure. % The The
plans have been drawn up by w. X.
Walker d Son and the contract for the
enlargement will be awarded shortly.
While the plans call for 2h story addi-
tion the enlargement will be practically
snsptsM Z, s sMwll, MSs" 'yss assMp % proof. roo When
completed the structure will be seven
stories In height and the second highest
building on Wsstminstsr street.
Intentions to Build
n. Martin Brooks, build two 2h-story,
one-tenement houses on Douglass street,
west Of YaW street. James Shaw, archi-
tect; T. B. Ross d Son and John X.
Harris, builders.
Frank o. Perry ct ux.. s2S williams
street, build 2h-story, tenement house
Ht 347 William street; cost $500. Peter
Jeremiah Rssrdon ct ux., Phenix, r. l.,
build 2x-story, two-tenement house ct
~ Ruggip street; cost $500. John T.
Machon, builder.
Ashael 8. Hawkins, <sl North Main
street, build 2h-story, one-tenement
house at 616 Smith street. John 7. Ma
chon. builder.
John Carrigsn, rear ~ Marvin street,
build . 2h-story, two-tenement house on
Huntington avenue. Cost $2400. Frank
/. Barrett, builder.
Mary p. Arnold, ia Burnside street,
build : 2-story, one-tsnement house at
Mrs. Isabella Tweed, 765 Cranston
street, build HISTORY building for
blacksmith shopi cost 500. A. A. White,
j. Edward studlsy, soA Westminster
street, build two buildings Of brick, stone
snd iron, one stories and one stories,
for business purposes, corner Weybosset,
Orange ard Peck streets; cost $50 900.
George w. Cady & Co., architects; N. B.
Horton q Son, builders.
George 2. Mcclellan, 244 Public street,
build ? 2h-story, two-teDement house,
226 Public street; cost $4,000. ceckson &
Beach, Westcott q Cole, builderS
M1. Catherine Noonan, $40 South
Main street, mako alterations to tene-
ment, $40 South Main street; cost 800.
Joseph Kent, builder.
Robert w. and Maria M. Blunt, 81
Plenty street, build 1 Y story one tene-
ment house, 90 Plenty street; cost 1880.
!. w. Bliss, builder.