St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-09-17
A UCrIoN sALE-Lnst out Ricn 81 llrl

II blocks from street ears
Every adult person on the ground at 30
p. m. Oct. will stand an equal chance Of
securing one of the two lois 10 be given
away.
1 take this method OF advertising in place
OF spending the money for displays i'll news
papers.
The lots TO be given away are lot p, block
?, ard lot II. block ), Hager's subdivision Of
Wa!lcott's addition 10 Cottage Homes.
The terms OF sale W i'll be onetbird cash,
balance one, two and hree years with inter-
est at the rate of per cent Der anDum Ten
per cent must be paid the day of sale.
Lots i'll these blocks are worth $500; all Won
nave to do is to be there on time: il is not;
necessary 10 buy a lot or 10 spend cent ia
order to get one of the lots to be given ayynv.
Owing TO the lottery laws which prohibit adj
vertiSlDg even Il church fair drawing. we ere
not allowed to state here the exact manner
Ill when the lots will be given away; seq
small bills for full particulars
IL spite of the dull times and the stringent
money market, IN spite of the general lack
OF confidence in everything. shall sell al
public 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 tho
clerk and the lGboring man to secure q lot nc
u price lower than the lots will ever again
sell Tor, and thus secure Il site for n home
The small investor will find this an oppors
tunlty that will not occur again i'll twenty
years Real estate has been down SO long
that III Is DOunu 10 react very soon.
Many tlmid 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 il will be found that real
estate has really been benefited by the panic,
as II VIII be recognized to be The safest of all
Investments when judiciously made.
Real estate cannot be stolen or embeZzlc1,
nor is 1t subject TO any of the many dangers
attached TO personal property. 1t cannot DO
cornered like stocks
History repeats itself. and these dull De,
RODS for real estate are always followed III
progressive cities by very active market
and advancing prices.
The property offered is fifty lots in Ha-
gers subdivision ana Rice Street Villas ou6
Rice street. at the y. 2. X. r. station, and
on both sides of Lake Como and Phaen ave,
nue., Just where the new Excelsior factory is
located and operating. Electric cars within
three blocks.
Half-mile of side trackage now built Thig
district IS certain 10 fill up with manufaet-
ores, 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 uD
Where Will the new industries go if net TO
the most convenient location on the North
ern Pacific tracks at Rice StreetY
Rice street is the main road, the bes6
graded and most generally travelled road
leading north from the city. The road leads
to j. j. Hill great stock farm, and MIR. Hill
has proposed to the city TO spend Sl0,C9O
more on the street if the city paves tho
street to Front street. This VIII make this
the main street leading north from the city
for all time to come.
In the last five years hundreds Of houaes
have been built, the building line has been
extended nearly mile. the 500" railroad
has been built Rice ana 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 lima
from University avenue to Maryland street.
and are nile and half nearer the lots We
will sell.
In spite of all these improvements property
can be bought cheaper today than it sold fox
five years ago.
This condition cannot last much longer,
and when it does turn and prices begin TO
advance it will go ahead rapidly.
Now is the time to buy. Remember that is
is darkest before dawn, ana we have lust
passed that period.
The property must be sold, and it will prob
ably go ridiculously cheap.
An investment made here viii prove per-
fectly safe and very profitable i'll L few years,
We will accept time certificates of deposit
or good claims against any bank in st. Paul
the same as cash.
For further particulars see E. Holloway,
East Seventh ST., or IL. T. McClung, 500 jack
son ST.