Potosi journal. (Potosi, Mo.) 1894-1929, 1905-10-11
potosi's Great Boom
October 18th, Auction Sale
in the New Townsend
Addition.

POtcsl, Missouri. This will mark
a new era in the development Of
the charming old town. Town
sends addition Joins Potosi on the
east and is decidedly the heart of
the town, and in short while will
coDtain the most stately residences
and prcttiest homes in Potosi.
Townsend's addition to Potosi is
admirably located, being right at
the Iron Mountain depot and occu-
pying a valley field that has no SUI
perior for townsite. 1t is a gen
tly ipduIating meadow plain, COW
cred with carpet of clover. IL is
not too level nor is it too rolling,
but ideally formed as to surface,
and properly located on the Nine
aBreton Creek to afford perfect
drainage.
The ground is rich. smooth as q
floor, and will afford fertile soil
for blue grass, which is so neces-
sary in identifying and improving
q home. The new town is perfect
ly plated, SO that every lot is use
ful and not one will sell for less
than 800; this is evidence that the
place will be peopled by the best
and most substantial citizens. The
streets have been graded and the
sidewalks are made. so that the
town will start off from the day of
the sale as if it had been settled for
years. There are 10 lots in Town
sends addition and 35 have already
been sold to Potosi's best citizens.
Among those who are now already
building in the new addition are
Mr.. l. f. Plank, recently of PuIas-
Xxi, Iowa; Mr.. james A. Shields,
Jr.; Mr.. Eugene OMara, Mr..
Mcnt. l.. Townsend, the we'll
known drummer, and others. BY
the day of sale new and costly resi-
dences will be nearing completion.
PoTosI IN \ RHsOURCEFCL COUNTRY.
The quaint, charming old town
of Potosi is nesting among oman
tic pine and oak clad hills, in the
center of rich mineral region, 1t
few miles from the famous Belle
vue valley, where corn and wheat
grow like crops Oh Il Mississippi
bottom.
Being situated only G5 miles
from St. Louis, on the Iron Noun
tain railroad, and reaching heaven
ward 400 feet higher than the me-
tropolis of the Mississippi Valley,
Potosi, in point of health, beauty
of scenery, charms of ciimate and
resources of wealth stands preemi-
nent. 1t is the county seat Of
Washington county and is destined
soon to be one of the best towns in
the Southeast.
Potosi is on Il boom, the growth
is substantial. Washington coun-
ty land has doubled in value with
in the last two years. This is due
to the mining impetus which has
pushed through St. Francois to
Washington county. Men like
Firmin Desloge know where the
disseminated lead ore ranges, they
are reaching out for this valuable
mineral land, and Washington
county is rich in lead, zinc and 9th
er ores. The want of enterprise
has until rov caused the town to
lag. Mr.. Walter S. Townsend
and others purchased the the bean
tifuI field adjoining the town, which
is now the Townsend addition to
Potosi.
FOTOSI 5 SUPPORT.
The American Lead and Baryta
Company is capitalized at 50. 500.
600 and has title TO 26,000 acres
of mineral, timber and farm lands
in and around Potosi. This com
pany is making arrangements to
begin developments Oh Il large scale
by sinking modern shafts, building
smelters, lead mills, saw and plan
ing mills, and house building.
This will require several hundred
additional men. In mining Larytes
or digging titf'' the company is
getting large quantities of sulphide
of lead, or galen;l, worth $50 a ton.
This lead is found III the form of
surface ore or float" in rock tis-
sues and veins, besides these is the
disseminated lead like that found
at Flat River. Recent drilling by
|the company shows the tiisseminat-