The Minneapolis journal., 1905-11-26
: LITTLE retrospect is comfort
ing and strengthening to the

z1 * LITTLE retrospect is comfort
~ ing and strengthening to the
real estate agent. He has to
be continual Inspiration to himself
and to his clients. he must always be
bulllsh in his comments onathe prospects
Of tbs market. Much honor is due to
the real estate mentor the attitude
they have held during long period Of
inactivity in the property business. For
at least five years they have been con-
stant in assuring their customers and
the property owners for whom they
have been serving as agents, that good
time was coming in Minneapolis. To
those whom they have induced to buy
on the prevailing low values,ato hold
for a rise, they have been continual
high barometers. In the face Of the
popular opinion that Minneapolis prop
held up the beacon light Of future
equable values. When year after year
passed and property did not show >the
promised even advance the agents were
compelled to use the most plausible
sarguments to keep property on the move
rand to save themselves from the charge
FofE bunco.
Z s. Low Prices Gone Forever.
Their faith has been rewarded, and
Eopinion Of the best diagnosticians of
the market, it is an assured fact that
low. prices of the last ten years have
gone forever. Minneapolis is over the
hill. No.better proof of this is found
Ethan in a, little retrospect. It seems
Fhard to convince the people, who have
seen the whole Transformation going
on, that Minneapolis has really grown:
A glance backward is a very good
criterion.
Two years ago Minneapolis had no
| Auditorium, emo Orpheum,, no Unique
theaters. The citizens were complacent
over the theatrical facilities at that
time, but now they don't see how it
would be possible.-to get along without
the three new houses, too. Each of the
new theaters is crowded whenever they
are&open.s Two sof them give fourteen
or more performances a week, all well
attended. The growth of the city is
the# only thing that can account for
this. - 49, 49,
Two years ago the city had no good
place in which to hold the Minneapolis
Symphony orchestra and PHILHARMONIC
concerts. It had no appropriate audi
torium in which To offer grand opera
1t had no place Of assembly such has
proved necessary.sin' the late scomblned
ebN
| the Auditorium Affords; and no suffi
cient room for small parties and recitals
4 such as the same building provides. It
had no place in which other than syndi
cate theatrical presentations could be
made. 1t had no standard vaudeville
performance which the people %prove
eager to attend, as shown by. their pa
tronage OF the Orpheum ana the unique
houses.
New Bank Buildings.
A look backward over the banking
!, situation reveals rapid advance IL
|, only twenty-four months. In that time
the city has added the magnific cen1
Northwestern National bank building
which graces First avenue S with it,
marble and bronze portals. In the same
span the German American bank ha:
built beautiful marble columned banl
building and occupied it. The ST." An
thony Falls bank has completed a new
i, structure on the East Side. The Sc
curity bank building has begun a ten
story cream glazed brick building. tt
cost $500, 900 when finished, 'Fhe FRS
has prepared foundations TO-
!. a building which. is tosbe the peer O.
other new: bank, structures, to cos
$3.50 900. These tremendous change
have taken place in only two years, O.
less. -..5 -
-. In two years the wholesale and manu-
featuring district has received addi
tions, too numerous. to mention IN Gle
tail. A few illustrations will suffice
i. The Cream Of Wheat building, one Q
l the structures over which Minneapoll
9 swells with: pride, was twenty -fou
Q months ago in embryo. The Patterson
;, & Stevenson building in the same neigh
borhood has been finished and put Il
q operation, az we'll as two or three build
4 ings of very little less Importance TO
t which Major G. B. Heffelfnger> has pal
/ the, bills. 80 s1~s=st
: In the south part Of the city two ney
oys A. W. Wright of Alma, Mich, hay
1been put up. A whole chain Of lesse
structures and. some. others equally i'm
2 tportant could be mentioned, but a pag
,l'or two Of the catalog should suffice t
9 show that Minneapolis is growing.
d II. Many Palatial Residences. ~
! In the residence part Of the city s
- - many fine structures have been. erecte
: that it almost makes one catch nj
l. !. breath to think what large sums hav
- been put into fine homes. In two years
:. time the F.. T. Heffelfnger, George "
Il Il Peavey, F. M. Crosby, Swan Turnbla
. and G. NJ. Harrington homes have bee
occupied on Park avenue. In othe
I parts OF the city may be mentlOned !
= the way Of little more evidence 9
: the city's growth the Gilfillan, Velie, T
:. L. Carpenter, Alf Pillsbury, Cliffor'
q q Brooks, Jaffray, Strong, John Crosb;
70 f. N. Osborne, Martin and Dunwood
: houses. Ten years ago the erection {
anyone of them would have created
g sensation and would have puffed UP. tf
= city over it's fine show house. Yet thel
are property pessimists in :MSinn!eapo1
who will not yet say that the city hs
grown. tt$ r. ~
ID Improvements by the street railwa
d company are. not to be overlooked. !
s. two years the company has complete
III it's $1,0oO,OOO auxiliary steam pow
* plant and it's new office building an
is transforming station on Eleventh stree
. It has put in operation several miles !
id new loops, all Of which appear to
k nearly as actively in use as the O.
" loops, less than one-half as large, tv
ID years ago. The, growth in populatie
" made the change necessary, The opee
h, ing of the Minnetonka suburban III
III is an event of the last two. years
W the direction Of putting the city in tt
j. metropolitan class.