St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-11-16
McClung, McMurran 81 Co

ET,CLUNG. M'MURRAN az co. will sell at
ltE auction 100 lots in kice street Villas and
Hager's addition, Nov. 20. at O'Clock p IN. the
grounds. Their first sale of 20 lots. July IS, 1885,
was based on the prom Sc OF IA lroad stat on and
iron N Ii, which have been fulfilled, and IS 10 100
per cent. has been realized oy the purchasers.
We are able to announce that second ron mill
is now in r of erection which Will more than
double the canacity and number OF hands en-
ployed. and contracts can be SHOWN 1or over S10.-
90 of cash tai to be invested IN the purchase
of new furnaces boilers. and a 2U0-horse power,
with new machinery, etc, to manufacture thirty
tons of iron per day and employ 2U0 hands re
serving power to rent to other manufacturers, AID
making the plant worth $4,000. This means 2uOO
more population Tor Rice Street Villas and "A
quadruplng of values, which are now less than
half those OF other interurban settlements with
inferior advantages. The advantages OF the Villas
are the iron mills with spur track cost ng 000.
nearly two miles of de tracka1e for other m tnu-
factories, lumber yards etc; a thorou Jhfare Ike
East Seventh street, ten miles long, with stores,
business houses and sidewalks already built. and
1000 feet of business property fronting on thi'
street. bes des 1000 on Phalen and Como
avs, another thoroughfare beautiful eleva-
tions for residences, with shade trees, hourly
trains making these Villas accessible st.
Anthony hill, close proximity to McCarrOn lake;
street car tr lcks laid nearly to the station, and
sidewalks beyond, and about twenty houses al
ready built the first year, includ ng a two-and-
a-half-story Dr ok for four tenements, rented to
the mill men for nine years This side trackage
and this street frontage destined to be very val
as has been realized on East Seventh ST., whose
case is parallel and whose history will here be
peated. We have bought out nearlv ali the in
erests at this point and own or control the largest
part of this settlement-being fully convinced of
is great future. We sell only a limited number
of lots to encourage settlement and interest 9th
ers in making this the most populous and thriving
settlement between the cites. We intend to hold
for improvement and development the bulk of the
property. bring in other manufactures and stay
n with our customers thus guaranteeing a sp!en-
did outcome for Their investment, as We did in
McClung Il McMurran's addition. Belvidere Park,
Stuarts rearrangement, Como Villas, Como
Heights, Lake PARK and st. Anthony Park North.
At least twenty more houses are needed at once
to accommodate the iron mil empioyes-three
families now occupying single apartment-and
Iumbermen. mechan cs and capitalists realize
a splend id percentage by buying these lots at auc
ton prices and Guild ng. All persons who build
within year have three years to pay, no money
down: one-fourth cash. one, two and three year
to others with per cent. If parties who think OF
buying will call and see us, we Will tell them
something more. McClung. McMurran j. Co., cor
ner Fourth and Robert first floor. ~