The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1907-03-18
) . . . . > > &c > . . . . . {

/
! o Real estate dealers and indlvid- q
/ o uals in any line of business are o
| o offered this opportunity to pub O.
/ @ lish any news about real estate o.
| @ transfers and activity transporting q
q during the week or before, which 9
g have not already been touched q
o upon. 81
@ Make it point to prepare copy q
O for this department to be In by @
g Saturday each week and thus em- o
q phasize the Importance OF Fargo 81
9 as real estate center. Address q
q Real Estate Editor, Forum, Fargo. q
y . . . o . 3 . . . . . . . . . 81
Maxheimer- Austin Investment Co.
report the following:
We sold F. T. Berkey OF Fergus
Fails, Mimi, half section of land i'm
Stutsman county last week. Mr. Ber-
key has been farming in Wiilxin county
[ for the last three years, but owing to
the wet seasons he was unable to make
it go and had to move TO town and go
to work to make a living. He expects
to move onto the land some time this
! season.
Arch LaPlant of Fergus Falls pur-
chased half section from us March
1, which adjoins the half section pur-
chased by Mr. Berkey, Mr. LaPlant
secured this land as an investment,
and expects to rent it to Mr.. Berkey,
! Prospects for the coming seasons
work are very bright there being quite
a number of inquiries from parties
who want to invest in North Dakota
Hand during the coming season. The
inquiries are for the most part of a
substantial kind.
Mr.. Ling, formerly with the o. W.
Kerr Co, who is working up our mort
gage loan department reports that
there is all kinds of money in the
country that can be had, especially in
Minnesota and Iowa Still the money
lenders are like the working men in
the fall--lots of them, but all holding
out for higher rates. Seven per cent
seems to be plentiful for conserva tive
loans in the valley. while 8 per cent is
demanded for western North Dakota
paper.
Mr.. Austin returned Friday night
from trip to Yankton s. D.. where
he completed the deal for the transfer
Of about 440 acres fifteen miles south
east of Breckenridge. The sale price
was $35 an acre. Mr.. Austin arrived
at Yankton just at the time the great
ice gorge which formed south of that
city, broke. The water above the gorge
in the Missouri was thirty feet higher
above the gorge than below it, and had
flooded the surrounding country, but
the break relieved the situation.
Yankton seems all stirred up over the
survey of the new railroad from that
city to the gulf. and 1t is rumored that
it is being made by the Hill system,
and will finally connect with the G.. n.
at Fargo, so as to make direct freight
n route for north and northwest ship
ments to the gulf The new road
1 would cut 500 miles off the twin city
route.
A land boom is on in southern South
Dakota. and some pieces are being
quoted at $50 to SIS an acre,
| J. B. Folsom returned last week from
an extended sojourn in the south and
| middle states. where he was partly on
: business and partly on pleasure. He
reports that If the Red river valley has
a dry spring that a very healthy land
movement will be felt along the river
He believes there will be much immi-
, grafton to the state in any event, but
| If the valley Is wet most of the settlers
will proceed to localities west of the
Missouri The talk of all the land
business being pulled to Texas and the
, south is not founded on fact, and
North Dakota will increase in popuIa-
tion many thousands during the SUM
mer and fall.
w J. Lane reports the sale of tbs
! Wilkinson cottage on Fourth avenue
north to Lena d, Larson, consideration
4 5000. Miss Larson intends to improve
the property and rent 1t. Mr.. Lane
) says inquiries for city property are
/. becoming numerous, and he believes
, the real estate market this spring is
] going to be active. He also Is having
: a good many calls for first mortgages
from people who have money to invest
Indicating that there is plenty Of
money to Joan for building this spring
4 w. ID. Hodgson reports numerous i'm
! quiries for property and some sales OF
B city property, as follows: Lot IT. block
! II, Reeves addition, to VIM. Ewes, foI
$1,000 and lots 90 and 81. block III
Chapin's addition, to E. r. Twicheil
for $3.50. Several other city deals are
] being closed UP.
8 Farm lands are again getting active
! and 4S0 acres In Manitoba near Cart
! wright, has been disposed of at SIT pei
. acre,
Mr.. Hodgson has several farms foi
rent, all we'll located