The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-10-18
preach the Gospel to every creature, is now to
all appearance command of subordinate i'm
nnrtance
City and Suburban Real Estate.

City and Suburban Real Estate.
There never has been time in the history
of New York when greater activity prevailed
in the real estate market in this city than the
present, nor in which the interest Of our peo-
pie was so signally awakened respecting the
prospects offuture appreciation Of real property
here, or their enterprise enlisted in developing
this result. 1t is not alone within the area of
Manhattan Island that this speculative energy
has been manifested, but all around us, in out
lying districts and townships to q dis
lance of from fifteen to twenty miles
from the City Hail. Land which few years
ago was regarded as of comparatively trifing
value-so inconsiderable as to be seldom the
subject of barter-is now anxiously inquired
for, and plots of few square feet eagerly pur-
chased for sums that o decade since would
have bought farms of many acres. Old estates
that have been the property Of single family
for time, whereof the memory of man run
meth not to the contrary, have been parcelled
into city lots and disposed of at figures that
give fortunes to the lucky heirs. During the
week which has just closed real estate to the
amount of $l,l7l, l2l was disposed of at pub
lie auction in this city and vicinity over one
million dollars of that sum being for unim-
proved property. Besides this there changed
hands by private sale property to much
greater amount. The largest sum realized
from any single tract was for one hundred and
twenty-eight acres at Fort Washington, being
a portion of the estate of the late Isaac Dyck-
one plots and brought $62l, 65O-an average of
nearly five thousand dollars an acre. The choice
location of this land, its superior surround
ings, with other indications of rapid future
appreciation, doubtless contributed to render
it thus high priced, not, however, beyond its
just mark, this being the fashionable quarter
of the metropolis. Less only in rapidly
increasing valuation to the above, Brooklyn
unimproved property to the amount Of
1920, 1874 was also sold under the hammer
during the week, comprising lots in East New
York, Williamsburg, the neighborhood of
Prospect Park and Flatbush, the larger num-
Der at the last named place. Large sales of
New Jersey villa sites were likewise held, the
purchasers in each case being mainly from
this city and the prices metropolitan in their
figures. In this remarkable activity, sweeping
around circle of many miles, of which New
York is the centre, stimulating in relative
proportions the value Of land about Fort
George in East New York, Brooklyn, Flat
bush and the neighboring towns of New
Jersey, we see but evidences of the growth,
development and progress of New York city.
Its rapid increase of population and of wealth
and the magnitude Of the numerous interests
that radiate from here, while securing for it
its present proud position as the commercial
capital Of the country and mercantile centre,
are president signs of still greater grandeur
and pre-eminence. Wonderful as has been
the rapid and high appreciation of real estate
in the past, in the city of the future it will be
exceeded. With the completion Of the Pacific
Railroad New York will take new departure
and, its commerce increased tenfold, its popu-
lation quadrupled, will before long comprise
within its built up area those outlying places
which we now call suburban, but which will,
by means Of bridges, railroads, underground
and elevated, and pneumatic tubes, be brought
into close and rapid connection with the pre-
sent metropolis and share in its expanded pros
perity.
The Naturalization Treaty With EngIund
One of our latest kilograms informs ms that
the protocol OF the Anglo American Naturali-
zation treaty proposed by the American
Minister will be appros ed both by the English
Parliament and by the American Congress.
We are not surprised by this announcement of
the London News, for similar announce
ment on even better authority was made some
days ago. 1t has long been known that Lord
Stanley, the present Foreign Secretary, was
not opposed to the principles embodied in the
German American treaties, and that If SINH
lar treaty were proposed for England he
would have little difficulty in signing it. It is
not unreasonable to conclude that the natural
cation difficulty is now over. The principles
already embodied in the German treaties and
likely soon to be embodied in the English
treaty will, at no distant day. be accepted by
the whole Of Europe. International law will
be greatly simplifed by the result. 1t is not
to be denied that the immense strides made in
recent years by the great republic Of the
West towards controlling power in the
world have been influential in bringing about
this happy change. The progress Of the
United States is a progress in the interests of
humanity.
ONE WAY TO SETTLE IT.-The time is get
ting short. Some of the democracy want a
new ticket How can their wish be salts
fed? The shortest way is for Seymour and
Blair to put their heads together and resign in
favor Of Grant and Cofax. This will throw
both parties together, aud, in division Of the
spoils, will bring about such confusion of