Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-05-31
SaoI,o55


Another statement gives the aggregates hundred and
sIoae lots and the S2i0l5 But this does not al
ter the bearing Of the sale.
These prices twill be observed high for the
and within 10 per high any point touched in
1896 1t therefore established that productive real estate
this island worth very much under the influence OF
speculation three years ago Capitalists who then invested In
property this island confident that
the rsvuson depression which has involved all descriptions
OF property that Time that real estate has kept il. value
onward march Of the city growth, when
generally has been depressed.
This sale necessarily be the precursor Of gene
raj real estate The values fixed BY this
salt and capitalists who had already begun, the neghbor
hood Of the vaross squares progress in their
will feel encouraged and the work go with greater
facility Nothing like speculation apparent either the
part Of buyers sellers and these only present whose
motive in purchasing the Investment Of funds which, in
present dull state q trade cord not otherwise be
prtaby employed, giving evidence Of condition Of trade
healthy In few months may naturally be expect
ed Of commercial prosperity, and with that return
the city rapidly progress The prices Of this Prop
ery will far above the which they have
been sold today proving most profitable investment for those
who have taken advantage OF the opportunity offered by the
peculiar position Of the property to make investments II has
always heretofore been the that large sale Of this kind
gives impulse transactions in this description Of property
and further rise takes place. followed by little speculation,
the winch
therefore highly probable that real WILL Cor season,
show greater degree Of activity than has been the for
some time.
sales nj the stock Exchange.
Is Blk of Commerce l03 10 Manhattan Bk 100 Mechanics
1906 IA Union 49, so Pheux 1908; Is River 81 Is Dry
Dock lo5Ic TAO do 1885, so Merchants Ex 1885, 10 CONNER
eial Blk o. IS Am sat; 90 Mech Bkg Assoc eoJ "a
Planters Bk Tenn 9 % Del Hudson s0l 80 90 do SOL
100 do s0 do sob60 30 do sol IS do s03 100 do
b. SOL 90 do s0tav $50 do SOL 100 do s03 l2s do 80
aw rs do s0b3 80 Am Trust l0 100 do lols60; Bank
lie a. do 100 80 DO 2o.0; so Kentucky s0o 25 do SOL
$50 100 do s96n 70 do sslao; 10 City Blk 1905 80 Long
Island %; 90 American 1loi; rs Mohawk 64i, DO SAL
do c Is do 65 10 Paterson 6 90 do $780, s0do 6sb6o 10
Bost Prov l06l 40 iool so do 1905 40 sonngtsn
S. 50 do 3 % do 35nw 30 do 3S3 so do $780, 90 do rs
100 Harlem 53 5odo 5s so do 59bs0 so do $780, l0 do
5e las do 5s so do 5sb5, $50 Long Island 552, 100 do
$3.50 100 do 55sons, 900 Il s5L
sts Of Trade.
Business OF all kinds remarkably inert There
transactions Of importance doing any branch of
tate, which have been extensive
BRrapsruFrs continue exceedingly dull Sales Of Geneses
In ANAL parcels have occurred 81 10 81 7s and Of Ohio
ceived via New Orleans nj 81 Several parcels Of Penn
yvsnia whea, have been sold at So Germ commands 95 e
100 cents.
Rer in consequence Of the high price. in limited demand
Small Gales been made for home St57 S. Tn,
stock IL rather light.