The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1880-08-18
Is miles ND the Mississippi from this


point. Cap Pierce has put the Lone Star,
ia the trade to-day. audi negotiating the
charter Of the Petrol or Willie Wilson. to
take che place Of the Viola. II is stated
that probably both these vessels will be
put on. in opposition. At present how
eyer, negotiations have not been compile
tied.
Last nis htwas the forty-6fth anniver-
sary Of Mr.. Peter Sherer's entry into this
world, and q mum Der of bis friends thought
they would like to call aud congratulate
him on the event and wish him many
returns OF the occasion. They did SO, and
took Henry Schiliinger's band with them,
which completely astanished Mr.. Sherer,
Mrs. Sherer who had somehow got an ink
ling of what was the matter soon had an
elegant lunch to offer the guests. and they
partook freely and had a most delightful
time. singing and dancing being among
the amusements INDUCED in.
The Investment OF Capital In Rea,
Estate.
Real estate in Peoria is being largely
invested in by capitalists, and is being
| held by them. Several new business
blocks have recently been built, purely on
speculation. and on land purchased for the
purpose. One gentleman in particular
has quite lately bought no less than SIX
pieces of real estate. to hold, aud is now
| bargaining for other lots. Chicago
| Times. e. rzs-
1t is sure indication ofprosperity to see
capital investing in real estate. Il shows
that the town is go-ahead business
place. aud that she moneyed men are sure
| Of an INCOME from their Investments
| Wherever capital is largely invested in
real estate, there you invariably find
business prosperous and an energetic sci
of business men. If capital could be
| induced to invest In real estate in Rock
Island, the business would be given fresh
impetus and the growth of the city be
only matter Of time. This has made
Chicago what it is, has built up lndianapo
lis. St. Panl, Minneapolis. Peoria and
other thriving cities of the west, aud it
would largely assist 10 infusing new life
| into Rock Island. A mans interests lie
where his money is invested, and If large
sums are put into real estate. the invest
ment is. in measure. permanent. To
enhance the value of the real estate will
bs the aim of the holder of the same, and
to this end, a new interest is awakened.
business men wake up, the people become
more attached to the city. strangers are in-
vited Ito come and invest, and from q
slow moving, tnethodIcal town, Rock ISL
aud would, if capital were more freely
invested in real estate. hecone q live.
active business centre.
Geographically Rock Islands advanta
ges are excellent, while its facilities both
by rail and water are unsurpassed by any
city Of its sizs 10 the state, What is
needed is more snap and a more liberal
Investment OF capital in real estate.
There is an abundance of unemployed
capital 10 the city, and if some OF it were
Ijudiciously invested IN real estate, it would
not be long before the improvement
would be plainly pereeptible. So long as
Rock Island continues to plod along in the
same old pathway-keeping in the old
groove. and relying on prosperity to seek
Us out, instead of Offering induce nents to
immigration and By our energy compel q
seeking after Us. 80 long will this city be
but mediocrity in the list Of cities. To
| infuse new life into our business and give
an earnest OF energy. there must be q
more liberal investment of capital in real
estate.