Brownsville Daily Herald (Brownsville, Tex.), Vol. 18, No. 36, Ed. 1, Friday, December 24, 1909 Page: 4 of 6
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1
Mission Town
ot
BUY NOW
Prices Advance January
L
Sale
1st
Mission Most beautiful and healthful location in the
valley.
-One year old Dec. 16th.
-1500 Population.
-More farms and more successful farmers
than any other town.
-Best business openings in the valley.
-On the St. L. B. M. Ry. and a railroad
now surveyed from San Antonio through
Mission townsite.
Misskm-Mission-Mission-
Missicm-Mission-
I
To Give Investors a Special Opportunity
We have induced the Mission Land Improvement
Company to postpone a general advance in prices un
January 1st 1910. After that date
All $350 lots will sell for . . . . $400
All 300 lots will sell for ..... 350
All 250 lots will sell for 300
All 200 lots will sell for 250
All 175 lots will sell for 200
All 125 lots will sell for 150
This Insures an Immediate Profit
TOWN LOTS AT MISSION
Are selling rapidly. Many have more than doubled in prices since they were first sold. cill lots fifty feet front
and all within five blocks of railroad and main boulevard :::::::::
Small Payment Easy Terms Special Discount for Cash
For choicest selections coll write or wire
HAGUE BROTHERS Sales Managers
Mission Texas
Brownsville office on Elizabeth street half block west of Miller Hotel
R. N. MAGILL General Sales Agent
Brownsville Texas
SEEDS
1
I E
D
S
Dorrb take chances on unknown brands.
Order from the Big Texas Seed House
REICHARDT & SJCHULTJDCO.
and yon can bank on Sure Yields of Qualify
and Quantify.
PLANT NOW: Beet Onion Radish Lettuce
Cobkago etc.
Write for Free Catalogue and merchants
wholesale price list. Address
REiCHARBT & SCHULTE CO.
DE? " HOUSTON TEXAS
YOAKUM GOT
A BARGAIN
BOUGHT FRISCO FOR $7O0O000
LKSS THAX COST.
Wall Street Congratulates Ilim and
Mr. Hawley Upon Having Made
One of tho Greatest Conps in Re-
cent Railroad History.
FIGURE WIT
US
LUMBER & PAINT
FRONTIER LUMBER COMPANY
Christmas Dainties
SPECIALS FOR THE XMAS DINNER TABLE
Crystallized Fraits Stuffed Dates Matinee Figs
Wine Sap Apples Spanish Table Raisins
WiseNewman Grocery House
12th STREET BROWNSVILLE
BROWNSVILLE GRAIN CO.
(INCORPORATED)
FEED AND SEED Wholesale and Retail
Phone 66
DISTRIBUTORS FOR
TEXAS SEED & FLORAL CO.
Mason Transfer Co.TE
TiTto Hancock Store Thursday Plow's How's I'lowV the only
afternoon and buy some of those nice J candies in the market for si at
fresh home-made pies and cakes Brownsville DS Co. Phone for
IreSU UUUli. tham Vr 1flfi Rrnwnavilln 11rn!
the Home .Mission wuiuvu m .
that me i r oi.if
be selling
21-4t
It cost the Moores and 1). d. Reid
just 57000060 to get rid of the
Frisco system according to the latest
disclosures regarding the separation
of the Rock Island-Frisco combina-
tion. It appears that the Moores and
their associates were so anxious to
part company with B. F. Yoakum
and let him take his railrond and go
home to St. Louis that they chose
to pocket a big loss and start over
again with the same railroad they
originally secured when they bought
the old Rock Island line.
In view of the latest developments
Wall Street is congratulating Yoa-
kum and Edwin Hawley for having
completed one of the greatest coups
in recent railroad history. That this
is the case is seen when it is known
that it cost Yoakum and his friends
only 5J0.S42.500 to get back stock
for which they had received approx-
imately $20000000 only a few years
ago.
At the time the separation of the
Rock Island-Frisco system was an-
nounced financiers were wondering
how B. F. Yoakum succeeded in se-
curing almost $20000000 in cash to
carry through the deal and buy back
the common stock which the Moores
had purchased of him when the com-
bination of the two roads was made.
It now transpires that the common
stock cost Yoakum and his associates
only 37 1-2 which is a bargain in'
the opinion of Wall Street The feat
of compelling the Moores to let go at
such a cheap figure is regarded as
greater than the formerly supposed
feat of raising $20000000 witn
which to repurchase the road. The
deal means that Voaku.ni secured con-
trol of the Frisco for himself and
friends bv a cash expenditure of a
little more than ?0COO000.
When the Moores bought the com-
mon r.tock the issue Joeing ?2S0I0.-
300 they hypothecated it for a Rock
Island issue of between 17000000
and $18000000 of collateral -trust
gold bonds bearing 5 per cent inter-
est. These bonds were made redeem
able uron sixty days notice at
102 1-Z. and it was generally sup-
posed ftlut Yoakum and his friends
had nlade arrangements for their re
demption at this figure.
To do this would require an expen-
diture of approximately $18000000.
Tho Moores however had come to
the parting of the ways in so far as
Yoakum -was" concerned and deter-
mined to get rid of him and his road
at any-cost. Yoakum saw his oppor.
tunity and succeeded in driving a
hard bargain.
Hereafter it is stated when the
Moores consider buying a new rail-
road they will not take any one's
judgment regarding it but will de-
termine for themselves whethei it be
a good purchase. If the Moores were
bitten on the Frisco purchase it was
the second railroad purchase with
which they became dissatisfied. The
other was when the late W. E. Leeds
former president of the Rock Island ;
bought for them a control of the
Alton. It is stated that Yoakum and
his friends were greatly pleased with
getting back the Frisco so cheaply
and are going to bend every extort
to force it further to the front. Chicago-rtecord-Herald.
XOTICE.
Sealed proposals for the purchase
of the Market Revenue of the city
of Brownsville Tex. for the year
1910 commencing January 1 1910
and ending December 31 1910 will
be received at my office in this city
until Monday December 27 1909 at
3 o'clock p. m. A copy of the ordi-
nance regulating the collection of
market dues as passed by honorable
City Council December 20 1909 un.
der which these proposals are asked
may be seen at my office. The city-
reserves the right to reject any and
all bids.
Proposals should be addressed to
the honorable mayor and board of
aldermen of the city of Brownsville
Texas and marked "Proposals for
me Purchase of tne market reve-
nue." For further information apply to
the undersigned.
By order of the City Council
F. CHAMPION.
Sec'y City of Brownsville.
Brownsville Texas Dec. 20. 19J.
JfOTICK.
The regular annual meeting of the
stockholders of tho First National
Bank of Brownsville. Texas will be
held at its banking house on Tues-
day January Hth 1910 at 3 p.
m. for the election of directors and
the transaction of such other busi-
ness as may properly come before
the meeting.
A. ASHHEIM Cashier.
Brownsville Tex. Dec. 11 1909
Don't forget your Christmas candy.
Variety Store Co.
Chance to buy
A Small Farm
Four tracts 30 to 37 acres
ach splendid land clear-
ed fenced and under cul-
tivation for three years.
All under irrigation.
In 1908 thirty-three acres of this land yielded in
cabbage $400 an acre. In. 1 909 it produced in
cabbage $1 75 per acre the difference in price be-
ing occasioned by a poor market.
This land is now ready to
be planted in cabbage or
other vegetables.
It is situated four miles from Brownsville one
mile from station and is irrigated by the Browns-
ville Irrigation Co. Water laterals all built. Three
miles from Ohio and Texas sugar mill. The best
kind of land for sugar cane. Not subject to over-
flow and situated in proposed drainage district
This land can be purchas-
ed for $100 an acre one-
third cash balance in one
or two years.
For particulars address
BOX
413
Herald Office
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Wheeler, Mrs. Jesse O. Brownsville Daily Herald (Brownsville, Tex.), Vol. 18, No. 36, Ed. 1, Friday, December 24, 1909, newspaper, December 24, 1909; Brownsville, Texas. (https://texashistory.unt.edu/ark:/67531/metapth148190/m1/4/: accessed May 3, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .