The New York herald., 1869-03-29
REAL ESTATE MATTERS.
Real Rstate Notes.

The circular OF trio OF prominent real estate
brokers makes the following suggestion:-Is II not
most remarkable and incomprehensIble fact that
while nearly every class Of brokerage business is
regulated by an association Of It's operators for
mutual protection, or conciseness and system OF
labor the real estate brokers have entirely neglected
80 important feature Of cooperative aid and seem
to prefer TO plod along in the old yoke, slipping
every occasional step, when q new harness. pro-
perly adjusted, would render the burden OF their
most irksome work light and its profit secure2 Why
should not 100 or more real estate brc-
kers signify their intention OF forming an
association to adopt some such rules as
the folowing:-To hold daily assembage for trans
action Of business to adopt the rate OF charges and
TO secure proper legislation when required to regu
late division Of brokerage where several are inter-
ested, and to form commission 70 adjudicate ex-
ceptional cases; to adopt universal method Of es
tablishing employment; to arrange concise sys-
TEN Of the details Of business; to guard the business
from the encroachment Of a class Of men who steal
Information gained by years Of assiduous study ana
which TO broker s Of as much value a. the educa-
tion Of professional man, the skill Of mechanic
or the goods OF merchant to each respectively
Market which may be regarded as the extreme
''bulp argument:-"That we may possibly have
some change In the market at some time is not 10
be disputed and therefore the caution to purchase
for cash is good advice; but that any depression
win affect real estate in New York city to such
tune M Is ialscy We IN must not 10 lose sight t Of the
fact that New York stands in relation with the
whole country az its commerciai and financial
capitalize great heart OF the continent with
pulse true to the whole country. Its increase has
been 80 rapid that OF Its million inhabitants but
sions % from every '-' country OF chr,stendom, in
cuding their very best elements. The news OF the
country concentrates and M emanates from here. The
to San Francisco and return instantly. No provin-
calism or secti0nalism can secure lodgment here.
The sympathies OF all nations and all classes are
fused into one common mould and dow out cor
rected and purified for the whole country, with all
IT'S variety Of people pie Interests and thanks
toned press ana pure religion. New York will aid
the coming development OF our broad domain with
ness men, with its money; and the results Of this de-
veOpment will converge here. Every new mine
New York, and every railroad no matter how short
has one terminus here. We can now do the business
Of the Mississippi valley better than nifty years ago
we could do that OF the Hudson. The Pacific coast
Is quite as near to US now as then were the shores
OF Long Island Sound. The commercial and pro.
directed hcre Their results belong here. Their &C.
cumulated fortunes tend to settle here. The metro
polls viii ere long stand In AZ close business rea-
SS sssrs ssS Sd ws SR rs y Gy
r@us, with his hundred hands, viii be a. nothing TO
IT. pis the sUs sas oi Ss Ssfs Pac 81 @
coal fields ana OIL wells of Pennsylvania the
factories OF New England ana the PLANTATIONS OF the
South Will heap mp portion OF their accumulan0ns
were within the city limits Against the general
growth OF the city there In no onset OF decrease
The foreign commerce Of New York, the statistics OF
which prove Its progress with unsurpassed emphasis,
present no other prospect than continued expanse.
New York VIII occupy Q strong position. II stands
upon the Atlantic coast at point that must COM
niand the bulk Of the commerce between the great
continents that bound the North Atlantic and where
converge from the West the great internal lines OF
communication. These lines extend westward over
productive continent and AT the Pacific coast strike
ports ready to draw In the commerce Of Asia. 1t
will he the metropolis OF q wealthy, ambitious and
energetic people, Uf established material political
and moral strength and Will have position such as
no city In the world has ever before occupied
All this Is unquestonaby true and has been before
expressed here. The only trouble Ia the danger OF
anticipating that great future too extensively.
Mrs. ElliOtrs house, with quarter Of an acre of
ground at Throg's Neck, n y, lying Q mile east OF
the contemplated railroad 10 Poltchester, has been
sold at pubic auction 10 Mr.. John b Leddy for
$1,000. IL
me residence Of Assemblyman Atwater, 81 New
street. Newark, N. j. has changed hands; S10, 900 Is
the price paid by the purchaser, Mr.. Mortimer 5.
Wood.
the following is q summary Of the gross receipts
from auction sales OF real estate during the past
week and continued from the last report:-
SATURDAY, MARCH ~.
" m nnm-