The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-04-01

before. With lumber the condition is
much the same. The bottom fell out of
the market and now prices are back
where they ought to be. The boom in the
Sos started with conditions very similar
to those existing now. The tide of em1gra-
ton was westward and the scenes around
the union depot the last few weeks re-
MIND one of old times. A great many
new people are coming to the Northwest
Before the boom realty values were way
down, and the reaction came and gave
US great prosperity. L do not think we
can expect a boom, at least not for some
time. but we can, think, at least expect
better things, And they appear to be
near at hand"
! F. L. Bayard, of Bayard, Deuel. & Co.,
stated the demand for houses was increas-
ing every day and the visible supply
depreciating rapidly. He predicts a great
deal of building will be done during the
spring and summer.
w. j. Cremer said:
THE business outlook is good. A great
deal of heretofore idle money Is finding
Its way into circulation and realty has
penehted to some extent. Vacant prop
erty, however, still remains inactive, but
is bound to be a lively feature Of the
market before long, owing to the scarcity
OF ready built houses. Farm lands are in
good demand, and bringing a very good
price, very much better than a year OF
two ago. People have ready cash and
are looking around for homes of their
own"
The Western Land company Is doing a
record-breaking business in all sorts Of
farm lands. Last year the company sold
in the neighborhood of half million
foV hi, \
mas even exceeded the business of a cor
responding period in 1899. Very few for
| eign immigrants have been located, most
OF the settlers being people OF foreign
extraction born in this country, who came
from Iowa and Illinois
William Candy said:
A good deal Of property in small pack.
! ages has changed hands within a short
time and we look for a large business
! during the next sixty or ninety DAYS
| Every one feels very sanguine over the
| situation and not without cause. Bette,
prices are being paid for what property
| is being sold and the heavy demand fol-
small homes has had stimulating effect
upon prices generally"
| c. o. Scare, of Searle & Sanford. said:
For three months there has been q
! tremendous inquiry from Iowa for chear
| Northwestern wild lands 1t would seem
as II the whole state of Iowa was movine
TO Minnesota and the Dakotas, but as
fast as the people leave Iowa others flock
| IN from Illinois and take their places
| me class of settlers is all that could be
! desired. Many are Americans. and for
the most part they have cash and are
wiling to pay good price for what they
want South Dakota will see a great
| movement in immigration this year. Con.
! oltlons have changed materially in thai
state during the last few years. They
nave no more long extreme dry spells. A
rev days ago South Dakota farmers were
| pretty well prepared for seeding bl1t 2
general snow helped matters materially
| Many farms in South Dakota were
abandoned during the drought, but thi,
spring will see the state gain all that wa,
lost and thousands of new settlers VIII
plenty Of moisture a big crop is assured
in South Dakota
w. A. Hammond, of Campbell e. Ham
| mond, said:
| we sold several houses and some va.
cant property during the week. There :,
very large demand for commodious
modern, medlum-priced houses on the hi
ana out In the University avenue dis
trlct we have considerable inquiry fo,
vacant property, but there is but littl,
speculative feature to the demand II !,
| principally from people who contemnlat,
building homes