, 1890-04-20
$4,000 FOR SECTION 9
One of the Heaviest Deals of the
Boom Season Made Yesterday.
An Offer of s2s, 800 Made for a
Section North nf the City.
Interior Height Lots to be Advanced
Is Per Cent Thursday.

was closed yesterday morning, An acre
age tract adjoining the city was trans
ferred. Tue consideration was $40, 600
and the land all of section nine south of
the Denver Pacific track, being 500
acres. j. X. Jeffrey and associates, a
strong local syndicate. sold to Newton
Arnold and Chas. Cremer and others of
Peoria, Ill. The purchasers are keen
business men and made a careful %investi-
CATION before placing the sum mentioned.
Their intentions with relation to the prop
erty have not been made public, but as
they are men ofenterprise their course will
be'in the direction of progress. The sale was
negotiated through the energetic efforts
of Geo. Il Abbott, of the First National
bank. j. X. Jeffrey and associates. with
admirable foresight, secured section nine
early in the boom and have made a neat
profit. The grantors include shrewd
men who will invest again at once. This
tract is a pretty piece and no matter
in what form offered can be disposed of
readily at good prices.
A BIG OFFER.
Col. f. A. Sitter last evening received
a Geographic offer Of $2S, 800 Tor a full
section OF suburban north of the city. At
a late hour he had not consulted the
owner, but said the figure was nearly the
list price and that the deal would be
closed at once if the lucky holder said the
word. The eastern man has a brother
here and has instructed the latter to act
as his agent and have a contract executed
if the offer is satisfactory. This prospec-
tive buyer, it is learned, will be a genuine
acquisition to the town.
To ADVANCE PRICES
A meeting OF the Interior company d.
rectors was held at the Cheyenne office
Yesterday. The most important business
transacted was the disposal of the propo-
sition to increase the figures on Cheyenne
holdings. By a unanimous vote of the
trustees it was decided to advance the
price of Interior Heights lots 25 per cent
after the excursion of this week. Lots in
this beautiful suburb will be 1925 each
beginning next Thursday morning.
President Holmes, Col. j. II. York,
Col. A. NJ. York, Ell. York, Manager
Bridges and other members OF the com
pany said last evening that they were in
possession of information which warran
ted a greater advance. The Interior
company came here to assist in the grand
work of upbuilding Cheyenne and do not
propose to bull the market or establish
fictitious values.
THE COLLEGE
Prof. Sanders, who Is to be president
Of the Cheyenne normal school and train
ing college is in Denver on business for
the institution. Mr.. Holmes assures
The LEADER that work on the college
buildings at Interior Heights will com.
mence within sixty days.
A YOUNG OPERATOR.
While Col Stitzer was in Denver Fri.
day his son, Frank f., got a great move
on himself" He sold to Louis 2. House
Of the electric light works the splendid
residence property corner Twentieth and
Central avenue at a good figure, made a
couple OF smaller deals and placed a quite
large loan. Col. Sitter is Justly proud
of his sons work.
BRICK YARDS.
Rees q. Wider, the Andrews trip
hammer brick machine man, leaves for
Denver this morning with several bushels
OF Cheyenne clay, which will be returned
in the form Of bricks in a couple of weeks.
A. d. Kelley accompanies Mr.. Wider as
the representative OF citizens interested
in the project.
The keefe Brick company is in the
meantime attending strictly to business.