Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-05-17
3,0sl,tel IS
Total,
Is

This table singuay progress All thu
purchases 1885 for this purpose while the small amount
comparatively which sold in the following year.
regular natural increase Of settlements which
the commercial prosperity advsy Of the country has
control Il the natural result immigration this country,
and the Of the population In the table it
will be observed that the did vary much for
the four years ending in 1885, then that speculation In
real estate extended from property the lands
Of the wilderness and all ages and conditions seized with
that fever which reached its height only the close of 1885,
In that year, appears BY the table the sales o0O
900 above the average sales Of former years the settlers
This fair criterion Of the real operations throughout
the country
great majority Of these psculasns made private
advduas bat the Of the times they
secstaed to sell out their purchases heavier operators
ill the larger proportion became IN the OF
comPanie. and wealthy individuals with view to hold ever
until season Of prosperity sheuld enable realize
the expected fortunes is their endeavors that at
present, goes great way in embarrassing the Market
Tho speculative mania however net without its good re-
sss While land really worthless bosght extrava
CANT rates. productive property Manhattan Island wa. I'M
Proved streets and squares partly laid houses erected and
the property thus rendered valuable Now that we are
again ON the verge OF Of prosperity the
these lets mast go forward according the growing wants
oil the Community Those shrcw therefore, who held on
upon productive property this island will out
successful Our wealthy men are those who like John
Jacob Astsr have become BY the growth Of the CITY
to hold net to speculate upon When the shall have
become puged ofthe wrecks blind and
property shall have fallen back to its level capitalists un-
dsrstaadas their position will again push forward Symptoms
Of this already apparent the market We observe build
ers again becoming busy the upper part the lots
are opening, and new houses erecting; the Harlem raoad
which has today commenced running cars from the Park
brings the beautiful aad upper part Of the
city within ten minutes Of the heart busse and already the
mass Of hossskeepsrs begin to discover the advantages offered
by muptowa residence These facts put the ever watch
fal prspreors Of that section Of beautiful island ON tho
alert AID preparations making complete the squares al
ready elegantly laid cut style equal the pe ndor Of the
original conception For this purpose Mr. James b. Murray
has to London the agent the Of the i'm
the vicinity Of st. Marks Place. negotiate loan suciess
fer the erection Of the buildings there contemplated
This movemsat strikes the reader first bl ash as move
ems bst u will be rseoected that General Hamilton on hs
late mission to England the agent the Charleston Rail
Road Bank laid plan before London for the
negosiason Of oas the object Of which the resbsb
msnt Of the Bsrat District Of charetos Th. wa.
panied by statement Of the cost s erection and the probable
rents Of the and also the bspes Of Charleston
The proposition at fret fvorbly esteraned bat finally
rejected the ground that Of Charleston as city, but little
generally known "Were New York said thew the
wosd be different; that Is place comparatively we'll
known IL has advantages which will in time il to com
pete with any city in the ~srld. Its posion is such tina, IL
must form the great key Of communications between Eu
rope and the western world and limit can for ages be mt
TO its increase loan for improvement there is
fore feasbs than for those cities which,
but little known This view therefore and IN, tact and
standing OF Mr. Murray such render success on his
part highly probable On the cs.pleon Of these plans New
York will be without rival for beauty as city residence
for business a mercsl emporium
The following statement Of the Augusta (Gee) Insur-
and Banking Company 9th Of April $780, CON-
pared with that Of the former yesr:-