St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-04-20
Capital Pouring in to Secure
the Chances for Invest
ment.
A Railway King at the Head
Of a Syndicate That Has
100000
To Drop in City Property,
and Will Build Several
Railroads
That Will Secure the Capital
and Connect the Other
Big Towns.
Special to the Globe

Special to the Globe
WATEETOwN, S. D., April 19.-The
past week has been an active one in
Watertown. Quite a number of moneyed
men have visited the city with view
to Investing in real estate. These par
ties all admit that business and resi-
dence lots are cheaper here than at any
town of its size in the West. Several
transfers have been made, but there is
no rush of buyers, nor is the town hay
ing boom, but is in that condition
where the investor can purchase with
the positive assurance that the property
Will advance. A syndicate has taken
options on over 100000 worth of city
property. This syndicate has at its
head William McIntire, the Dakota
railroad rustler, and through his efforts
company has been org anized to build
a road from Watertown to Aberdeen.
and the grading will be completed
early in July. This will bring us
within two hours ride to that busting
city of Central Dakota. Mr.. McIntire
is also organizing a company to build
line to Sioux Falls. BY getting these two
lines WatertOwn'S vote for the capital
of South Dakota will be largely in
creaSed-in fact its location here will be
practically settled.
Not only among real estate and rail
road circles has there been increased
activity, but three new wholesale firms
have decided 10 open houses here
Jewett Bros, wholesale grocers. of
Aberdeen, will open house here in
few days; a Chicago firm has taken one
OF the best store rooms in the new Goss
block to open out wholesale book and
stationery store, and NJ. A. Tenderland.
OF Sioux City, To-, has leased the Dewey
block and opened wholesale butter
and egg house. This firm will employ
several men on the road, and make
Watert0wn
THE HEADQUARTERS
for the business in Dakota. During the
past week number of our leading citi-
ZenS have organized 1.-THE Commercial
Exchange club" The objects of the.club
are:
To promote the diffusion of useful in
formation by acquiring, preserving and
disseminating valuable commercial and
economic information; to give proper
direction to all commercial movements.
to improve facilities for transportation,
protect the manufacturing interests of
the business community. inculcate
principles of justice and equity in trade,
establish and maintain uniformity in
the commercial usages OF WatertOwn,
facilitate the speedy adjustment of
business disputes, and generally secure
to its members the benefits of co-opera-
ton i'll the furtheIance OF their Iegiti-
mate pursuits.
The club has decided to fit up in ele
CANT style three rooms i'll the Granite
block.
On Tuesday, the 29d. this city will
vote on appropIiating $4,000 for a high
school building and $4,000 for city
hall. As our people are almost unanf-
nous in favor of these two buildings.
this summer will see our city supplied
with a fine school building and city
hall that will be credit to our town.
There is one matter in which the city
OF Watertown has, contrary to the
course taken on most questions of inter
est to the city, been very negligent, and
that is in regard to sewerage for the
business blocks. The city being en-
tirely without sewerage, and for the
health Of our people, the authorities
cannot act too quickly in regard to it;
there being no city in South Dakota of
the size of Watertown but what has
good system of sewerage.