The New York herald., 1869-04-05
REAL ESrATl MATTERS.
Real Estnte Notes.

drives, W lSdR, lSltn anu lSSth streets washington
Heights, which was to have been sold at auction OF
Mopdny last but was withdrawn in consequence o
the alleged delinquency OF a wouid-be purchaser /
again In the market. As the statement given here
at that time, upon information received, tnat II
'was withdrawn in consequence OF legal diniculsie
OF nature to affect the present ownership" ha
been interpreted in some quarters to suggest doubt
frl title It's but right to say that the owner
promise 'full covenant and warranty deed" th'
title being in every respect unexcepionabe.
Land In Cheyenne that sold for one dollar an'
twenty-five cents per acre now sells at twice tina
per foot
According to q recent reassessment OF the taxable
property in Savannah the lots are valued a
$3,s79oeo, and the improvements at $780, ,45o, or
total valuation OF SO, 2lel4o, being an increase
81, 19o,S6s over the assessment Of 1861
James C. Pollard, Of Norfolk Va, sold last weel
to D. J. Deborn, OF New Jersey, 800 acres OF land
four miles from the city, for S. 900. He also sold tC
II. II. Fish, exMayor Of Utica, N. " 100 acres, Two
miles and half from the city, on the Southern
branch, for $5,0 900 cash.
David D. NJ Digges, agent At Gordonsvlle, Va, has
just sold Captain w. T. Sims home farm, in Greene
county. Va, containing iol ncres, 10 Mr. Jesse +.
Pennington, OF Pennsylvania, for $50 per acre. lie
buys the wheat and oat crop, and took possession
On the tst OF April.
Inc iron dEu slilca properly In county
Va. about 5000 acres, one mile above the mouth ol
North river, has been sold to Vanderbilt, Anderson
and other directors Of the Westham Iron Works
Company for $4,000, equivalent TO cash. II was
purchased three years ago for $4,000. 1t is esti-
mated by scientific gentleman sent on for the pur-
pose that the lands contain 100000 tons OF iron ore
Among recent real estate changes in Pennsylva-
mia are the sales OF the following farns:-W. Georges
Lukens, Of Montgomery county, for $500; Daniel
Spence's farm OF eighteen acres IN Gwynedd, to
Blemyre NJ Matthias, OF Philadelphia, for So. 400;
John Knill Cumings farm Of fortyone acres in Whit
pain township to Stewart Craven, OF Philadelphia,
Tor SS,O0o
on the premises lot the southwest corner OF Null
berry street and Lerew's alley, 22Mx41h feet, i'm
proved by a two story and attic brick dwellings pur-
chased for So 200, in fee by Mr.. Eugene Cummskey.
Mr. Samuel IL. Cover, auctioneer, the same day sold
on the premises lot OF ground on Washington street.
lax5o ieet improved by three story brick dwelling
with store, subject TO ground rent Of $780, purchased
for $l,315 by John LintOner
The following exchanges OF real estate In the city
and county Of Alexandria for the month OF March,
lses are reported-Lot on west side OF Royal sreet
between Queen and Princess, 2oxs0, S160; lot on
east side OF Fairfax street and scas OF Gibbon, Sex
1885, $3.50; lot on west side Of Fairfax, between
Queen and Princess streets, 20.9X75, 5000; lot on
east side or Pitt street. north OF Cameron, 32x1l6
s5o7 house and lot souta side Of King street, be-
tween Royal and Pitt, 30.l1 11sXl76.7, $1,000; lot
bounded by Washington, Cameron and Columbus
strets, l02x24.10, $4,000; tract Of land Ill AleXan
dria county, containing 2s acres, s3 $50; house and
lot north side OF Ifince street ana West OF Fair.
fax, 20xl00, S1,670; lot east slide OF st. Asaph
street. btween Pendleton and Wythe 1SxSS.5 500;
mouse and lot on north east corner Jefferson ana
Fairfax slreetS 234X75, $225; house and lot south
west corner OF Wolfe and Water Streets 20XS0,
81 $50: one.lftn interest In house and lot on west
side Of Columbus street, between Gibbon and Frank
lin, 16.6xll55 500; house and lot northeast cor
M ner OF Prince and Patrick streets 4oxloo $1,000;
streets, 2s5xios.5, $500. House House ar and lot ,''i On
ORSR %o aSa Sa Fax 81 east es ss
Of Washington street, and north OF Cam.
eron street. J5x57, s., 900. Lot on west side OF ST.
Asaph street and south side of Princess street. 2Ty
S3.5, $500. Same to Arnold 81 Field $500. Lot and
on west side OF Washington street
aud south Of Duke street. $3.50. Lot east side OF
Patrick and north Of GibbOn street. 42x65, Sis.
OneIourth square at northeast corner Of Queen and
Alfred streets, 1236xl76, $1,000.
The State Journal Of Harrisburg Pa, has the fol-
lowing respecting the movement OF Northern capital
into Southern land which Is deserving OF c0nsdera-
great speculation OF the day is in land
and in the south land along incaiculsble lengths Of
tine frgld zones, land IN the valleys. land where
waterfalls abound, land beyond the sea- land every
the market as land agents-individuals are hawking
1t as patent rights i0r churns, log chains shutter
locks, spinning wheels and labor saving machinery
OF all kinds were formerly huckstered the coun-
try. We feel 1t to be our duty as journalist
the unwary adventurer who has = small capital 10
buy no land upon which he has not trodden; to pur.
chase no farm whose soil he has not tested,
and to 60 into no land speculation what
ever. ever. The saarpers who robbed the pub.
IN great land scheme, the bubble OF
which destined to burst sooner or later, and
all VINO are near it with mud. Seven out Of every
ten plantations offered for sale in the South are
either worn out tobacco cotton felds to reclaim
which will imperll the life OF any Northern man who
attempts 1t, farm in the wilderness OF the West,
where the soil Is its virgin purity, would be pre-
lerable 10 one of the farms alluded to- because the
land In the south has been exhausted by the spend
thrit5 who owned and utterly ruined by the ignor-
ance which TILED it, This land Is now advertised
for sale as eligible fruitful and valuable. Let those
VINO contemplate such purchases remember the ''dry
holes" In the oil regions, down which the results Of
many an honest mans hard toll disappeared for.
ever. Let those who own farms In the North and
Eastern states keep them, and mechanics Who have
surplus capital consider well before they engage In
the purchase OF land from the sharks who are huck-
sterng it In all parts OF the country. All who take
this advice viii save their money"
A Virginia paper thinks somewhat differently to
the above and says respecting emigration from that
state;-"Ihe Sfeendndodn valley states that fifteen
or twenty young men OF Shenandoah and Page coun-
ties have lately left that region for the West Upon
this that paper remarks that the same amount OF
labor and economy which they VIII spend in the
West will meet an equal remuneration in Virginia.
This Is perfectly true. II man IN Virginia would
rise as early, work as hard and live and dress as
poorly as they do In the new countries OF the far
West ne could not only get along as well In Virginia,
but far better. The true reason why this desire to
emgrate has infested Virginia SO long that some
lew OF our people thar go West have made
fortunes. No account Is taken OF those who
have returned. finding that they could do
young men think OF those who have failed out thero
or died FAR away from their native State. II these
results OF emigration we're taken into consideration
but few could be found who would 90 away from
Old virginia But yonng men will be always rest.
less. Some OF them would emigrate from the Gar
den Of Eden, II they had TO 20 INTO desert, and the
migratory propensiiies of youngsters cannot be
wholly restrained. The best way is to let them see
the elephant. Many or them viii be disgusted In
few months and come back fully cured and more
devoted sons OF Virginia than they were ever before
In the meantime the small number that quit Vlr-
gnia will be more than made up by the lmmlgra-
Iion mat Is beginning 10 now into her borders.r
Inc New York Observer, preaching from the text
Of high rents, the extravagant prices of which 1t
says truly are necessarily carried into all the ex
penses Of city life for where ones grocer and butcher
and dry goods merchant and other snopkeepcrs and
tradesmen and Iadeswomen pay all the way up to
year for the rent Of their places Of business
those who do business with them must help TO pay
this rent and II comes at last out OF the pockets
Of the people, and further. at IL this system of
high prices which Is driving persons OF moderate
means out OF the city, and New York Is thus becom-
ing the home OF the very rich and the very poor for
the latter Will live In large cities and nothing will
compel them 70 leave, not even starvation" points
the following lesson-This great advance In the cost
OF living has an immediate eject to increase the