The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-04-25
REALITY AND RENTS
DEALERS IN REAL ESTATE SAY
THERE IS SOME MOVE
MENT ON.
SOME GOOD SALES REPORTED.
LOT AT ST. PETER AND NINTH
STREETS SOLD FOR SPOT
e CASH.
IMPROVEMENTS NOW GOING ON.
Demand for Dwellings Is Good, NO
Particular Portion of the City
Being Favored.
IMPROVEMENTS NOW GOING ON.

y
The past week in realty circles has
shown quite a noticeable movement in
the market which encourages dealers
to look for increased business in the
near future. There have been few
actual buyers, but many inquiries,
though the demands Of the prospective
purchasers place property at bottom
prices. The demand for dwelling prop
erty by tenants is large, but the in
quiry appears to be in general for less
expensive houses than have been
sought in the past. In fact, there is an
admitted falling in rents, though not Of
very decided nature. A number of
the renting agencies are unable to sup
ply applicants on account of the in
creased demand for cheaper houses.
Among the large sales of the week
was one by Joseph Weide Jr, who dis
posed of part of lot 2, block II, Bazille
and Gurin's addition, at Ninth and ST.
Peter streets, for $22,500. The property
was sold by Peter Stoltz to Mrs. Ida
King, being purchased with vault
money for the purpose of investment,
a fact regarded as a healthy comment
airy upon the realty market. Mr.. Weide
also disposed of a house and lot in
Vanderberg's subdivision of Hoyt's adj
dition for $780,
Speaking of the market Mr.. Weide
said: ION the whole, 1 think the con-
d1tionS favorable for a revival of bust
ness. There is a great increase in the
number of inquiries, though on ac-
count Of the kind Of property desired it
is somewhat difficult to supply the de-
mand. Prices are about stationary, and
somewhat in excess Of the demands Of
purchasers. Cheap property seems to
be the one specification of those pre-
pairing to buy, and, with this fulfilled,
there is opportunity for sales"
Val J. Rothschild stated taht he had
observed no particular movement in the
market, one way or the other Per
sonally, he had made no large sales,
though he found plenty Of inquiry for
residence property
]. w. Shepard said: "There is an in
creased demand for dwelling houses,
but a decline in rents. Not very
great depreciation, but sufficiently gen.
eral to be regarded as a fall. People
are moving in large numbers, seeking
new quarters in all parts of the city,
but many are not able to be accom-
modated in the prices sought. The
greater demand is for St Anthony hill
and suburban property for dwelling
purposes Generally speaking, there is
a healthy tendency in the market, evil
denced by the fact that there are far
more applicants than houses, such as
are desired 4 .-r.75 -
The Improvement Bulletin contains the fol-
lowing st. Paul items this week:
E. Sephton, 495 University avenue, has be-
gun the work of building two double frame
residences on Fuller street and Kent street
for Rev. E. c. Haupt Specifications: 80 X "A
two-story, frame, stone foundation, cedar
shingled roof plumbing, baths, mantels, lead
ed glass laundries, hardwood interior finish.
Cost, S., 900. Allan Black has the contract for
plumbing and gas fittings.
Cass Gilbert, architect 524 Endicott build
Ing, will have plans ready for figures on the
general construction of the superStructure
structural iron and steel work of the new
state capitol after May g.
c. A. johnson. 726 Marshall avenue. has
begun work On a residence on Holly avenue
stories, frame, plumbing, bath, mantel, lead
ed glass, hardwood interior finish, laundry
tubs and furnace; Cost, $1,000.
Louis Lockwood, architect has plans for a
residence to be built at Reedsburg, Wis, for
o. R. Ryan. Specifications: 80 X 40, two
stories. frame, plumbing, bath, mantel, lead
and furnace. Cost, So, 500.
Joseph Trenter, 904 West Seventh street,
has the general contract to build residence
at Stewart avenue, near Bay street for Louis
Walters. Specifications: 20 a. history
frame, mantel and hardwood interior finish.
The Danish Norwegian Presbyterian church
has had plans prepared by Louis Lockwood
architect. for a frame church. to be about
Is Sc. Estimated cost, So 0O0
A. Koerner, 641 Winslow avenue, has the
iT71Tly
in G.. w. Gardner's frame residence at 251
Summit avenue. Louis Lockwood, architect
Cost, 81, 700.
Thomas Brady, 1876 Rondo street, has the
general contract for improvements and re-
pairs on two-story frame residence at Lin
coin avenue and Avon street. Cost, 81, 800
Reed & Stem, architects.
c. P. Wildung 1923 Won M!nden street. has
the general contract for improvements in the
Hale building, at Third and Jackson streets
Real Estate Transfers.
N Bell to Heyduk, 1t %. stinson,
Brown and Ramseys subd. blk g.
Sttnson, Brown and Ramsey's add $500
F Strassky and wife to l. Stransky, 1t
3, blk IL, Nelson, Stevens and Kings
Urion to T L Melgaard, It 10, blk IT, 1'O
A Gotzian's Encouragement, Siegle's
- ADD -. -. ............ 1000
blk ID, Gotzian's Encouragement,
Johanna NJ Finch to Anna D Thorn.
west Il Its and s, blk Z, Rondo's
Catherine Walker to B Smith, It's %.
"a and 25 blk z, Stinson's Rice Street
add .......:-. .;..:............ 1900
t Kinnan and wife to Kinnan, west
" northeast Il, southwest r. section
- Is, town 80; range % ................ 5000
Kinnan and wife to T Kinnan Jr east
II northeast Il southwest a. section
Is. town 80, range % ................ 5000
H Floody and wife to z Bouquet Il
81: blk g. Woodland Park add 49,. $500