The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1906-12-04
PROSPECTIVE PROSPERITY.

The large number OF real estate
sales in this city at this time is con-
elusive evidence that there will be
development next summer that will
not be much short of boom. While
real estate men are not boasting of
the number of sales being made of
residence lots-for fear the demand
will send the market price to the
dealers skyward-it Is a we'll known
fact to those who are, so to speak, On
the inside Of real estate dealings, that
there was probably never stronger
and safer demand for residence prop
erty than at the present time.
Some Of this demand comes OF
course from the efforts of the already
residents of the city to do away with
the congested conditions under which
they are compelled to live at this time.
The hotels and rooming houses are
full to overlooking and as every avail
able residence for renting is now &C.
cupied, there is nothing left for the
overcrowded people except to pur-
chase lots and build residences for
themselves.
This is creating part OF the present
demand for real estate, but it is not
the entire cause. A large number Of
people are coming to make their home
in this city. Many Of them are re-
tired farmers who have saved their
competence for old age and are de-
sirOus of surrounding their families
with all the pleasures and convenien-
~ces which the city affords and which
cannot be procured in the country
and in the smaller towns. Others are
coming here for the splendid educa-
tional advantages which are afforded
both in the public schools of the city
and the special advantages afforded
for higher education at the state uni
:versity
They are not influenced by any de-
velopment of the city's industries nor
are they dependent upon any indus
trial enterprises. These latter would
bring another class of citizens. The
ones indicated would be the result of
the location of enterprises which
would employ a number of men. It
may be true that with the present
labor problems of the northwest un-
solved there would be some question
as to the securing of enterprises en-
ploying large numbers of people AS
has been repeatedly indicated in The
Evening Times, to be successful, any
mandatory must be close to the raw
material. There are other consider
atoms but this is primary. This To-
cality has no raw materials except
those which are produced from the
soil. 1t is true we can manufacture
brick, and it is claimed that We can
manufacture a class OF vitrified brick
for paving purposes which will stand
comparison with any in the world. II
this is true, it would open up q line
OF nlanufactury which would add
thousands of dollars annually to the
revenue of the city. But SO far as
building brick is concerned, the pres
ent manufactures are we'll able to
supply tie demand for this, extensive
as it is.
But outside of this, we are entirely
dependent on the products of the
farms for the material with which to
supply the manufactures That it is
possible to secure a large number of
these is evident. They may not be
large ones but they will be employ
ers of men and they will by securing
large number, answer the same
purpose that a few large enterprises
employing large numbers would.
Nn,D vrynrr.-ur