The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-08-27
CALLS FOR 1000
HOUSES TO RENT
Commercial Club Says That
Number Should Be Built to
Meet Present Demand.

The most notable feature OF the COM
mercial clubs business opportunlt les
circular. issued yesterday, is the call
on capitalists for the erection of small
dwelling houses for rent.
The committee estimates the lmme-
date need at 1000 houses, of from i've
to seven rooms, 1000 of which should
at once be erected in the Midway dis
trict and suburbs, and to rent for from
SIS to S25 per month.
But, if disinclined to invest in resi-
dence property, the local capitalist
need not want for opportunities, for
the circular mentions nearly two score
in the industrial line. every one of
which has withstood close investiga-
ton and is presented with the recon-
mendation of the committee.
One of the gilt-edged opportunities,
according to Secretary Slime, is the
quest of a large manufacturing con-
Germ for st. Paul site and st. Paul
capital to increase its equipment. rms
concern is established and equipped to
do $500 worth of business per year.
1t has been in business for ten years,
but is compelled to move, and wishes
to come to ST. Paul, and will do so II
it can secure subscriptions for $4,000
or 100000. worth of new stock. It's
proposed factory will give employment
to from $50 to 200 hands, and the con-
Germ will bring sixty skilled mechanics
with it to st. Paul The clubs investI-
cation is said to show that the business
has paid stockholders from Is to 70
per cent.
Another manufacturing and jobbing
concern wishes to come to St Paul
It must have warehouse with ca
pacity of from six to eight cars. and
persons with warehouses or sites upon
which they would build such ware
house are invited to correspond with
the Commercial club.
A linen toWeling industry is another
that may be secured to ST. Paul if q
factory or mill with at least $4,000 feet
of floor space can be made available.
Six concerns established and doing
business in ST. Paul want to increase
their capital. A local department store
wants a $4,000 storehouse built. and
agrees to pay a rental of TO per cent.
A grain bin and bobsled mandatory
wants a site at Midway. and party Of
practical envelope men want to estab-
fish a mandatory that will have an
initial capacity of 100000 envelopes
and employ twenty-SiX hands.
The committee suggests the advisa-
bility. Of Establishing malleable iron
works III ST. Paul. and points out that
she Twin Cities alone use about $4,000
tons of malleable iron casting annually.
The committee is in correspondence
with a corporation which wishes to in
crease its capital. and could be induced
to come to st. Paul.
The committee also suggests that ST.
Paul. is a good place for the location
of a mailing plant. /. The local brew
ing interests would consume large
portion of the output, and North Da-
kota and Central and Southern Mime :
sofa produce large quantities of barley.
All of this territory is naturally tribu-
tary to st. Paul. and is favored in the
matter of freight rates.
The. new, work of the manufactures
committee. inaugurated last month. has
already proved its great value. That it
will result in bringing new industries
to ST. Paul and find new avenues for
the profitable investment of local capt.
tai. the committee is assured by the
results SO far achieved.