The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-07-21

According to his comparative exhibit, there has been,
in period Of three years increase in the value Of real
estate Of S54 and IN increase in the value Of per-
sona estate OF S1stota in three years.
$G4oCa 6t2 Since 1S4S the annual increase has ranged
IOs, thirty thirty hve millions of dollars per annum.
At this rate the aggregate viii show increase Of
hundred per cent in five years The speculative
nsnt in real estate within the past two three years
particularly in unprodrcye lots has been great at
any time within the past twenty years The construc-
boD Of many magnificent aud extensive brown stone
warehouses and dwellings has added largely to tho
osseskes value Of property in the city and build
Ing ia the upper wards has progressed with
wonderful rapidity. The speculation in real estate
ier some time past has been greater than in any
thing else. IL has absorbed SO much capital, and
much Of the attention Of capitalists, that fancy
stscks have been neglected Real estate commands high
prices in all parts Of the city; but, general thing
holders anxious realize Independent of the
for the advance value found in the abundance
Of and lev price for money there many why
there viii be pernaneucy in the present position Of
rsal pcriyhe most prominent of which the rapid
increase in population and the amoet daily additional
demand fss houses and warehouses, This gives different
character TO the movement than that presented in 1886
ana 1887 The population of this city in 1886, about
two hundred and sixty thousand now it is not far from
Ave hundred and fifty thousandan increase OF full
01IuItG per cent III sixteen years Parts OF the city
which in 1886 Were not graded, covered with
splnad edifces The basis of the advance in value Ia
therefore, better: but it by means follows that the
rse,ion in the event of Revision in credit system
aud in the currency would not be great and the effect
n ruiDous as in past years
The interest the first mortgage bonds Of the Hud-
son River Railroad due the LIST of August, will be
paid the I'd Of that monh-the LIST being Sundayat
he Office o. The company in this city The interest
the stock of the Rochester Lockport and Niagara Rail-
road duo the 1st Of August will be paid at the Ame-
Exchange Bank. The semi annual interest the
suTon bonds of the company, due the day, will be
Pa,o by Iessrs. Duncan Sherman e. Co.. Of this city
The asnes of the Commercial Bank Of Mississippi have
declared dividend Of five per cent the capital, paya-
BILE to the New York stockholders, at the Manhattan
Ia NIX on the % Of August.
The Vermont Valley Rairoad Company in the
market the sae of two hundred thousand dollars Of its
per cent first mortgage coupon bonds, prncpa
payable in $780, interest payable semi annually in this
cy This read extends from Bratteboro to Bellows Falls
through the valley the Connecticut river and about
tWcn'y four miles in length 1t forms part of the main
Trunk line New York the White Mountains, Mont
Lower Canada It'll completely built equipped
and furnished throughout at cost Of more than
million Of dollars The line is in active operation with
rapiSy increasing traffic The with all It's furni-
tnrc is morgaged to the holders of 100000 Of
bonds. of which the amount offered forms part.
Robert Schuyler GouyeIneur Morris and Elihu Town
send trustees for the stockholders These bonds will
~ sold Friday the Esd Of July in the Mer
chants Exchange to the highest bidder.