St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-09-10
NgiSceiIan,AOms.
4 UCTlON sALE-JUst out Rice St, three
u blocks from street cars

UCEION SALE-JGSt out Rice ST. three
II blocks from street cars.
Every adult person on the ground at 2:31
p. M. Oct. will stand an equal chance OF
securing one of the two lots to be given
away
take this method of advertising in place
spending the money for displays in newspa-
pers.
The lots to be given away are lot p. block
:, and lot II block B. Hager's subdivision OF
Walcotts addition to Cottage homes
The terms of sale will be one-third cash.
balance one, two and three years with inter-
est at the rate of 6 per cent per annum. Ten
per cent must be paid the day Of sale.
Lots i'll these blocks are worth $500; all YOU
have TO do is to be there OH time: it is not
necessary 10 buy lot or TO spend O. cent in
order to get one of the lots to be given away.
Owing to the lottery laws which prohibit ad-
Vertlslng even church fair drawing, we ara
not allowed to state here the exact manner
In which the lots will be given away; see
small bills for full particulars
II spite Of the dull times and the stringent
money market. in spite of the general lack
OF confidence in everything, shall sell at
pubic auction fifty lots out Rice ST., for
whatever they will bring.
These lots will undoubtedly go very low,
and this is the chance for the mechanic, the
clerk and the laboring man 10 secure a lot at
price lower than the lots will ever again
sell for. and thus secure a site for home.
The small investor will find this an oppOr-
tunity that will net occur again in twenty
years. Real estate has been down SO long
that it Is bound 10 react very soon.
Many timid people who have drawn their
money from the banks, have put it in real
estate, and now that we are emerging from
the panicky times, it will be found that real
estate has really been benefited by the panic, F.
as 1t Will be recognized TO be the safest of all
Investments when judiciously made.
Real estate cannot be stolen or embeZZled,
nor is 1t subject to any of the many dangers
attached TO personal property. 1t cannot be
cornered like stocks.
History thpca 6T,n
RODS torrea estate are always followed in
progressive cities by very active market
and advancing prices
The property offered IS fifty lots in Ha-
gers subdivision and Rice Street Villas out
Rice street, at the n. P. X. Il. station, and
On both sides of Lake Como and PhaIen ave.
nue., Just where the new Excelsior factory is
located and operating. Electric cars within
three blocks.
Half mile of side trackage now built This
district IS certain TO fill up with manufac
tories, which must have side tracks, and Will
have to come here to get them.
See the shops and industries located about
the Great Northern tracks at Rice street,
where the room is almost all taken up
Where will the new industries go if not to
the most convenient location on the North
ern Pacific tracks at Rice street?
Rice street is the main road. the best
graded and most generally travelled road
leading north from the city. The road leada
to j. j. Hill S great stock farm, and Mr.. Hill
has proposed to the city to spend $4,000
more on the street if the city paves the
street TO Front street This will make this
the main street leading north from the city
for ali time to come. Mr.. Hill has spent q
great deal of money on the road heretofore
and made it what it is, the longest street lex
cept SEVENTY in the city.
In the last five years hundreds of houaea
have been built, the building line has been
extended nearly miIe the $500 railroad
has been built, Rice anu other streets graded
and sidewalked
The Cordage Factory Brass and Metal
Works the Excelsior and other factories
have all located in this end OF the city.
The street cars have extended their line
from University avenue to Maryland street,
and are mile and a half nearer the lots we
will sell.
In spite of all these i'm provements property
can be bought cheaper today than it sold fol
five years ago
This condition cannot last much longer
and when 1t does turn and prices begin to-
advance it will go ahead rapidly
Now is the time to buy. Remember that il
is darkest before dawn, and we have just
passed that period.
The property must be sold, and it will probe
ably go ridiculously cheap.
All investment made here will prove per-
fectly safe and very profitable in i few years,
We will accept time certificates of deposit
or good claims against any suspended OF
other bank in St Paul the same as cash.
For further particulars see e. Holloway,
East Seventh ST., or II. T. McClung, 365 jack
son st.