The Providence news. (Providence [R.I.]) 1891-1906, 1894-07-06
|EALTY MARKET.
le Situation About the Same
As Last Week.
? Changes In Land and Buildings
rded-Suburban Boom.


~ matter OF course the real estate
1rket FELT the enervating influence the
~ weak OF the national holiday, and In
oking over the transactions In realty
little can can be found OF great
ade involving amounts rnnging
pm F500 to $500, but the majority were
smaller sums, under $500 and there
,oufs. While the business interests OF
- country remain In the semi-dormant
ndrion which is characteristic OF
oustry In these times, but little
pocted. notwithstanding the fact that
zere are great sums OF money controlled
lndividuais, lying idle In banks, the
sling Is not as yet one OF any great
curity Tor the future and until the ex-
Ting conditions change capitalists are
ther wary In investing funds in land,
sm 10 prefer to have the money easy OF
,cess than tied up in real estate. The
mand for small properties remains
bout as usual, as for the past spring
0nths, and there is quite a desire
idcnced for the securing of good home
tees at terms easy and at prices moderate.
no suburban properties still claim con-
derable of the popular attention and
any are ticking advantage OF the
resent depression to secure their
ouscs at sacrifice rates. In the loan
Aarket there has been no especial activity,
be greater number of the loans being on
nattei securities. Real estate mortgages
numbered about thirty, most OF them
etng for reasonably small amounts at
The demand for tenements and houses
mains up TO the average, despite the
arm weather. People are continually
boxing for new tenements, and the owner
new houses finds no trouble in renting
pc property, even before IL is entirely
njshed. During the week several new
E<uctures have been contemplated, and
chitects are busy in drawing up plans
nd estimates.
Taking 1t all in all, the situation is not
very bad, and as there is every indica-
on OF increased activity some time in the
eer future. Agents and brokers are con-
snf during the hot months to let the
1arket rest.
New Public Library.
The competition for architects on the
separation of plans and specifications
the proposed new building OF the
kovidence Public Library, was begun
oedrday with the distribution of the
f1uted "Conditions of COMPETE
ION" to the local architects. A
ox1od Of four months will be allowed
- architects In which to elaborate their
eas, and November 1, 1894, has been set
the date OF the examination. The COM
6ittee on award will be aided by Prof.
VILLAIN X. Ware of Columbia College.
New Business Blocks.
During the past six months there has
|pon great activity among house builders.
ID 70 July I, there were 3sf applications
|Lod for permission to build, the struc- |
nr:s hanging In value from $1,000 TO $4,000,
y Immense brick business blocks
1bose cost will reach far |
1to tho hundred thousands. Among
noge are the following: A 5-story brick |
aiding for business purposes at the |
orner OF Washington and Union streets,
James Hanleyj Q 4-story brick build
oe for manufacturing purposes at se and
Q 6abin street, by Fred Talcott; |
} g. story brick business block at
~ corner OF Cove and Merrill |
treetes By the Spicer Stove Company; q
-etory brick business block at 1876 and
~ Westminster street, by the Butler
!nncan Land Company; l-story brick
"A Foster streets, by the Sisters of
fercy, and q 6-story brick busi-
~ block at the corner of
yostminster and Orange streets by Mar
heu Woods and wife. All these buildings
ave been commenced and all will proba.
" b completed before the new year.
Shepard's New Store.
The work of remodeling the store
xned by Shepard and Company on
<ogtminster street was begun Monday.
ne plans call for structure four stories
. height OF brick and when completed the
'oro will be tho equal of any hereabouts
y beauty OF architecture. A great feat
~ will be In the arrangement OF the
xwk IN H. .-L |
very part. The front of the
|oro Is to be demolished par
ally, and In its place viii arise the four
|ory brick building. The change
made to Eake the entire establishment
unifcrm height. Several years ago the
|or Of the store was raised to height of
lur stories aad the increasing pressure
business has made it necessary to en-
|<go the store again.
Intentions Ia Build.
Mary r. Dobson, 20 Evergreen street.
uiid Q 2jh-story, two-family house on
ortacast corner OF Doyle avenue and /
lney street; cost $500.
Gathering O'Conneli, build a k-story,
yo-famliy house on east side OF Pekin
rect, near Balaklava street. Kelleber
rothefs, builders.
Mrs. Ida T.. Cotton, 113 Point street. )
axe alterations TO house on southwest 4
Kner OF Gordon avenue and Gsllup ,
xecti cost 800. III. o. Cotton, builder. ,
~. r. Humes, make alterations to house
Public street; cost $50. ii. o. Cotton,
zildor.
George A. Simons, build a 2IS-story. i
ur-family house on north side Of Whit,
4rsh street, west OF Elmwood avenue.
. X. Hilton, architect. y
Mrs. II, Gallagher, No S5 Sheldon street. !
l1lo an addition To house No. 85 Sheldon
RSe.; cost 900. James III. Canning.
lildor.
IfabeIle Collie, build a 2b story, two q
mily house on south side Lippitt street. v
~ Dwight street; cost $500 McCloud {
|os., builders. r
John Shepard Jr.. build 4-story brick =
|ainess block, 200 to 253 Westminster
net, corner OF Clemence street. NJ. N
3rton Il Son, builders. Z
NJ p. Greene and Lillian Walker. 81 q
atcrman street, build an addition TO a
mt OF house on south side of Cushing 8
'oet, between Brown and Thayer streets: i
Et $500. Day work. n
3iovanni Sisto, build a 3-storv. six- !,
nily house on west side Of Grape street. !.
. fi0oe. A. J. Jackvony, builder. :