The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1908-01-10
REAL ESTATE MANS DREAM.
Buys Last Lot on Most Crowded Spot
on Earth, But Hasn't Collateral.

Speaking about the phenomenal
value of real estate in the crowded
parts of Manhattan island" said the
real estate man, 81 had a dream last
night of place where land was so
valuable that it made land here seem
like acreage property.
"This place was on an isthmus be-
tween the two hemispheres, narrow
strip of land that was the most crowd
ed spot on earth. There was just one
street along through this isthmus, and
all creation that passed from one hem
isphere to the other had to pass along
this thoroughfare.
Sure, this was a place to do bust
ness, if there ever was one, and by
gracious there was vacant lot on the
great isthmus thoroughfare, just one
vacant lot, with sign stuck up: For
Sale, to Close an Estate. Inquire of
So-and-So.'
"And of course, l sort of saunters
into the Office indicated on the sign
right away, and says to the man
there:
What are you asking for that lot
down there at 22?" And he says:
"a million dollars a front foot
"+How much is there of it?' asked
him, and he says:
Seventy feet and I says:
"SWell, I'll take it, just like that,
because l knew it was bargain;
never'd been offered at that price in
the world, knew, except to close an
estate. and the only wonder to me was
that somebody hadn't snapped it up
before I came along.
$50 I bought the only vacant lot on
the great itsthmus thoroughfare, and
the man said he'd have the papers
made out right away and could drop
in at o'clock the next morning and
pay the money and he'd hand over the
deed; and then l went out and stood
on the sidewalk and saw those wond-
erful multitudes of all the peoples of
the earth, passing in those amazing
professions; crowds that made the
people passing on Broadway and
Fifth avenue, New York, seem like the
lines of stragglers working their way
out along to some county fair; and
then I goes down to that vacant lot
at 20, my lot, and stands there and
sees 'em go by from there, and pats
myself on the back and says to myself:
"1Wen, son, thank goodness, you've
finally hit up on something that you're
going to make something on; large
money
"And I was eongratulating myself
like that, watching the people go by
when all of sudden it struck me that
"a hours was pretty short time for
me to raise $7o,oo0.O00 in, with me
good ways from home; for this was a
cash sale, you understand, cash on de-
livery of the deed, and / knew per-
fectly well that I'd find q string of
men waiting in the Office In the morn
ing, any one of them ready to snap
this bargain if wasn't there with the
money, and I suppose it must have
been worrying over how was going
to get The $70,000,000 together in that
time that woke me up."-New York
Sun.
The cattle industry of the state of
Tamlipas Is coming to the front. One
stockman and commission man alone
Bartolo Rodriguez, shipped $4,000
head last year to Cuba and Yucatan,
which amounted to $1,500,OO0. He
has a fine ranch near the City of
Tampico called Monte Alto, with 300
head of cows and bulls, costing about
$500 head, imported from the United
States and Switzerland. Careful es.
innate made by the shippers to the
north Of Tampico places the total
number of cattle and horses in that
area at 1000, 000.-Mexican Herald