The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-11-15

Wv a q POI ~ VI SVlIlClo Ii VII
Iowa, who went out and bought 100
acres each of prairie land in the south
ern part of the Red river valley, along
the main line of the Northern Pacific
railroad. Several of them stated that
had the election turned the other way
they would have been tied up finan-
cially and unable to buy any land at
all. The early snow will, to some ex-
tent retard immigration, and practical
ly close the season so we will not have
the full benefit of the changed condi-
lions before next spring. An exception
to this is the heavy hard wood land
where the settler can spend the winter
proftably cutting wood and ties and
clearing up part of his land before
spring comes. We have, sent several
parties out last week to Wilson, Wis,
on he Omaha road, the nearest point
where this city can get it's supply of
maple wood and where a. considerable
increase in the price of wood may be
charged to the turn of politics or the
early winter or both. There is also
quite a movement to Milaca, Mimi, on
the Eastern Minnesota, railway, where
a new railroad line from Milaca to the
large lake, Mile Laos, will open up ex-
tenSive tractS of valuable hard wood
lands for the home seeker. The out
look is indeed very encouraging and
mex spring will witness an era, of
great activity in the Northwest and
land values will rapidly increase while
new lines Of railroad will open new
fields for the pioneer. The time be-
tween the Chicago Convention and cleo
ton day has been the dullest we have
ever experienced and 1t seemed as no
body dared to invest a dollar in any
thing before the financial issue was
settled. But now an easier feeling pre-
walls, and we have an increased number
80 1n%|oYc f~Or11 ~OA~1O urLA mo nToTnz no
ing to come out and o for new lands
as soon as practicable"
William Candy, Pioneer Press Build
ing-There is a material improvement
in the real estate situation since the
election is over. People who had put
by their money are willing to invest.
and in many cases are looking in vain
for the bargains which, a month ago,
they passed by, Most Of the inquiry Is
for improved inside property, and
while folks are looking for good deals
they are willing to put up a good por-
ton Of the consideration in cash.
The real estate exchange posts the
daily bulletin and the membership
which is now very substantial, keeps
increasing. The feeling generally is
better.
"A. SGOlDSSldQ@ nave CIOSSo tWO vi
three deals in residence property which
were hanging fire until election, and I
have several others still under consid-
Grafton. I find a better sentiment, as a
general thing, and although there will
be hardly any big transactions for some
time, there promises to be considerable
dealing.
Rush B. Wheeler-People are still
looking for bargains, and as yet, as FAR
as my business goes, there is little
money being put into property for spec
ulative purposes. There can hardly be
any advancement in prices for a time,
and it may be a year or two before the
figures stiffen up again. Oh, yes, the
real estate exchange is getting along
all right. I was too busy to attend the
regular Friday meeting, so that fact in
itself is a good sign.
Chester R. Smith, Of Smith & Taylor
While it is probably true that there
will be little or nothing lone In the way
of big deals there will be considerable
business from now until the first of the
new ear. For example, men of mod
crate means, who felt none to secure
before the election, are now putting
their money into real estate, not for
speculation, but buying houses and
lots. There is enough of this to show
clearly that money is easier, and that
confidence is coming back.
r =
J. L. Farley, whose office is In the
National German-American bank, finds
that his land business is picking up af-
ter the ante-electiOn Quietude. He says:
There is considerable demand for ag-
ricultural lands in the northern part of
the state, especially on and near the st.
Paul & Duluth road. The immigration
to this state is beginning to be felt and
persons from foreign countries who find
their way West here are not now afraid
to invest their savings in good land 1T
reasonable prices. It is hardly air to
expect a big rush, but a good beginning
has been made, and inquiries come in
from all quarters asking about improv-
ed farms and farm lands. City proper
ty will be sold from now on, but most
Of my clients are looking for outside in
VeStments."
H. H. Hoyt, Of Little & Hoyt-Not
W~ithstanding the bad weather, there is
a decided Improvement in the one Of
the real estate market, within the last
Inquiries are more frequent, and
while prices are low, there seems to be
a feeling that the bottom has been
reached. We confidently look for a
lively market during the coming year.
P. D. Youngman-There Is a de-
the real estate market. Dur
ing the past ten days I have made
several sales. People not only enquire
about real estate, but mean business
and are buying. The snaps are being
picked up rapidly. We should certain
ly have a good realty year in 1897.
The following is taken from the I'M
provement Bulletin:
McDonough & Bowers secured the
general contract for the complete
plumbing work in the new Northern
Pacific building which includes some
marble n slate work, thing and
wainscoting. Their bid was about s1O.-
900. Allan Black secured the heating
plant complete, his bid being about
$40, 600. Butler-Ryan Co. general CON
tractors. Cass Gilbert, architect.
Henry SchOm has had plans prepared
for a residence to be built on East
Third street near Arcade. Specifca-
tons: 32X44, twO-story, frame, stone
foundation, plumbing, loaded glass,
bath, mantel, gas and electric fixtures.
hardwood interior finish and furnace,
Work on the foundation has beer be-
gun and work will be continued all
winter. Cost, $4,000.
Hermann Kretz & Co, 1915 New York
Life building, nave plans for a resi-
dence to be built at Glencoe, MINI,
for Joseph B. Myer. Specifications:
35X54, two-story, frame, stone founda-
ton, loaded glass, mantels, hardwood
interior finish. furnace heat and rough
ed-in for plumbing. Work will be
mostly by the day.
The Robert-Goss Co, secured the
contract for steam heating equipment
in the Anaconda Theater associations
opera house. Steam will be taken from
another building. Harry G. Garter, OF
Minneapolis, architect. Cost, $4,000.
They also have o steam heating CON
tract at Buffalo Center, 10.
G. W. Thayer, 549 Marshall avenue,
secured the general contract eXcnnt