New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-12-03
81 Al. BrtEcEER, son q CO.
crNERAL ELAL EsTATE ITENs.

b' fos w. l 49, ~ W. H. okleA V@s'''''''''''''"
- - GENERAL REAL ESTATE ITEMS.
Louisville KY, has a Board of Real Estate.
A mammoth hotel. to be known as the Stockton
House. Is 60 be erected at Cape Island, ~. D.
More than 20 new buildings have been erected
IN the village OF sprngville,N N. Y, this year
The State of Michigan is selling of its swamp
lands by auction FOR from 81 80 10 s. 80 an acre.
The valuation of real estate in Philadelphia,
sIss,i95,s7o
The late owners of the Pacific House in ST.:
Joseph, Mo. have sold it 10 Mesars Abel, Lincoln &
The Charter Oak Life Insurance Company
Is about erecting rev building which Is to be one Of the
finest structures in the City OF Hartford
Since the removal of the county courts from
IenoK TO Ptsdeld. Mass. real estate has advanced in
tho latteTndmed place. Seventy thousand dollars worth
has changed hands there recently
Building in WinOna, Mimi, has been carried
on more extensively during the past year than ever
before. The following are the statistics Dwellings, ~
factories and shops, 81 hotels, stores ana Offices "a
barns, 10. Total cost S455,790
There are people all over the South who desire
dispose Of surplus lands either because they are hold
convert some Of their into capital FOR working tine
Thousands Of Northern men are inquiring where
they may tnd cheap ana desirable laIq5- IIe men OF
thcNOrth who would be likely TO buy read TIE IRlI NJ
the OF the South who want to sell do. also II both
advertise ia THE TRIBUNE they VIII obtain tie
needed information.
For several years before 1877, real estate was
ties are being disposed OF daily remuneratve figures.
The reports OF sales recently made show an advance
Of % TO 100 per cent Bu.dng ots command Iron
Az TO S2S foot front, and cottages containing SIX rooms
with the usual accommodations from SlOVO 70 Si'-Vy
Rents in the CITY are on an hveras etIV renewed
. lease at an increase Of 800 per cent.
NJ Rurr p. holland, attorney for the heirs
OF late VIM Ewers recently s9d inc Two !FC ~ 10, S
land in Loudou3 county, NJ Nrylsnd for 90 ner acre
lie "gOne House Farm" OF 5l5 acres 10 hI W, Couh
go IN q 6ne state OF cultivation. Mr.. Frank Fred mas
90 At private sale his farm OF $50 acres 10 oil James
Burton Of Ia Lee1 farm Of rs acres belonging to Isaac
a. Nichols for SO O2s per Richard Rogers purchaser
An Auburn, n. Y, newspaper, IN a.. comment
On ti higb Uce OF real estate IN that city, expresses
. bsef that lis value viii not be any less az present
and assigns Its reasons that the Ius d ne rc
of any article u tie cosi OF pOuuc..sS; % ttiet
ycIv fails below this unless the supply GroaNt man
ne oSma ~ to tiues must Occur-ether the cost OF
building be1essened, OF the supply o. nP =, s
sSceed the demand neither Of which y ia! ~ t
tnnedsfey Tic real estate agents o. Auburn say that
there are more applications for houses 10 rem '"A u4s
any previous seasoh' NJ,
The Providence, Il. l., correspondent OF Ihe
eor,0dsd UntO says: Building gOcs on rapidly ~ thl7
civ and yet the mode Is peculiar No one holhbg az
sSblelot the business part Of the city can be induced
IN ssI nor viii they pun down the miserable Old rat
traps for business purposes and eud better class
business men 10 the hand for term OF years vary
,dtng AZ sGicient capacity 10 accommodate their
branch OF business. with portions 10 rent 80 az 70 return
tie money expended by the time Of the expiration o. the
Ia a. thei the whole goes with the tot Dwelling
L0nsss are perpiexlugy scarce ana ye1aonsy gA lhe
l,Hft
land calculate so much surface and then running do
zoe miles and uD about 90 20 That III the construction
Of teRements much a. posHDle Is put nioei siouhu
and the balance IN the air"
The San Francisco Bulletin has the follow
ing OF buying and selling farming laDds m california
during the present year probably than II any three pre-
yiGus year OF the than 10000 people who have
60 = snce January last large proportion have been
eager 10 buy lands for bOmesteads aud fatns purposes
vhe great many old residents have caught the land
fever and have bought speculation. We have been
earnestly calling for influx Of population ana Tor more
oconDapts Of te soil I've years OF successful wheat
growing brought agriculture m TINS state into
the front rank Of industrial pursuits. There Is no
danger Of initiating the prices Of agricultural lands
BEYOND gu Ies'In1 tI lst cha1ce lad come There
s more land In California than there u ~ tho United
Kngdsm OF Great Britain; and were there soO1,oo0
added 10 our population there would sill be- virgin soil
waiting segregated into farms We hear OF instances
where wheat farms have been rented during the resent
Autumn ce per very nearly equal 10 the value
OF Tho land These prices range frO S TO $40 per acre
snd'sman parcels OF land have even been rented al a
higher figure II there should be such failure OF the
wheat crop next year has occurred in some previous
year, the dead broke men viii be plenty after
the collapse OF the Frazier River excitement Farmers
wen enough But essees. Who begin With nothne and
rent lands At these high figures, only be saved from
gong W tbe wall by good crop ana GOOD prices me.
again. The rush has carried uP The price OF
poor lands beyond all safe hgnres. These
parties who have recently 70 tho State aud who
.9w hsIs or nothing Of their relative value lhere was
uine during the mining stock excitement when every
eoGy wanted feet" and they got them to their sorrow
,oB many people rushing abOnt wildly FOR lands
gn5lhg Often without having what they are paying
r money Ol, taking every thing upon trust, ana ~
IN many Instances getting sold badly a consider
n advance ~ the price Of good grain lands the very
ntai result OF two good wheat erOps iu succession
niEht possibly bear further advance aud then NOT
80 "tou apONe tllr actual value Tue prices OF remote
.ihp proved lands have been inflated by the LUCKY
$3.50 IN wheat raising A few rch mines 80 NnshOe
aoi sen wildcat stocks 10 The tame 81 millions OF
now u D. true that most OF the land offered Tor
n~s p0rlilFc value. aud yet II sold al 800 per cent
the Intrinsic value, The transaction borders on
$3.50. operation II D. good sigu 30 see men OF finau
h. s eager Tdr lands But timely service may be- dono
.islhk tben thai n these tunes there b. great danger
paying too dear fOr the whistle aud that there
ssoh tne when greater caution needed in these
astetsebts thsi now. There 10 other faliacy whch
W be tLeeiaaliy exploded. There wheat
nSe save h0n uyer bottoms subject 10 overflow,
1sre there IL not tendency 10 exhaustion from success
Nv wheat Groupings"
TkA&sFERs or REAL ESTATE
C.. EEW-TOKK CITY
'-.r Y a. % n " Rislngtsnst zaalga o noe