St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-11-07
McClung, McMurran 81 70.

KE'CLUNG, M'MUREAN IL co. will sell at
LsI auction 100 lots in Rice street Villas and
Hager's addition, Nov. 20, O'Clock p. NJ on the
grounds. Their first sale of rs lots, July is, 1883,
was based on the prom sc of railroad station and
iron mill, which have been fulfilled and 75to lO0
per cent has been realized by the purchasers.
We are able to announce that second ron mill
is in Lr Icess OF erection, which Will more than
double the capacity and number of hands EN-
ployed and contracts can be shown for over S10,-
QUO of cash capital to he invested in the purchase
of new furnaces, boilers and a 200-horse power
with new machinery, ETC., to manufacture thirty
tons of iron per day and employ 200 hauds-re-
serving power to rent 60 other manufacturers, and
making the plant worth $4,000 This means 1000
more population for Rice street Villas and
quadrupling of values, which are now less than
half those of other interurban settlements with
inferior advantages. The advantages OF the Villas
the iron mills with spur track cost ng s60OO'
nearly two miles of side trackage for other manu-
factories lumber yards ETC.; thoroughtare Ike
East Seventh street. ten miles long, with stores,
business houses and sidewalks already built and
1000 feet of business property fronting on this
street bes :des 1000 on Phalen and Como
avs, another thoroughfare, beautiful eleva-
tons, for residences, with shade trees, hourly
trains making these Villas as accessible as st.
Anthony hill, close proximity to McCarrun lake;
street car tr lcks laid nearly t. the station and
sidewalks beyond. and about twenty houses al
ready built the first year, including two-and-
a-halfstory Or OK for four tenements, rented to
the mill men for nine years. This slde-trackage
and this street frontage is destined to be very val
liable, and as great development VIII occur mere
as has been realized East Seventh ST., whose
case is parallel and whose history will here be re-
peated. We have bought out nearly all the in
terests at this point and own or control the largest
part of this acknowledging fully convinced OF
its great future. We sell only 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
in with our customers. thus guaranteeing spien-
did outcome for their investment, as we did IN
McClung g. McMurran's addition Belvidere Park,
Stuart's Encouragement. Como Villas, Como
Heights, Lake Park and st. Anthony Park North.
At least twenty more houses are needed at once
to accommodate the iron mill empioyes-three
families occupying single apartment-and
lumbermen mechan cs and capitalists can realize
a splend id percentage by buying these lots at auc-
ton prices and uid ng. All persons who build
within year have three years to pay. no money
down; one-fourth cash, one two and three years
to others with Per cent If parties who think of
buying will call and see US, we Will tell them
something more. McClung, McMurran Co.. cor
ner Fourth and Robert first floor.