The New York herald., 1869-04-19
IrAI .nSS--.sTE MATTERS
SeuI Estate No,sr.

Eighteen acres OF land at weslaed, N. j., have
been sold 10 Mr.. Danl.l b. Coleman of this city, for
$4,000.
The valuable lot Of land VA shc buildings stand
ing thereon, known as the "Bn., ,stead Estate" and
numbered from 400 TO 413 Washing ton street. Bos-
ton, Mass. was sold by auction on the premises at
twelve O'Clock Friday. The property has frurtage
37h feet and depth Of about 2lo feet containing IN
all 72lsh square feet. After some spirited bidding
II was finally knocked down 60 Mr.. Charles Adams
1858 Washington street, for sl2 rs per square foot.
William A. Prescott has sold to Thomas Sprague
ton IS feet front on Federal street for 175 which
Is $l6 per foot Mr.. sprague bought about two
Federal streets and now owns all tie real estate be-
tween High and Purchase Streets and having about
$50 feet frCnT on Federal street.
The following additional auction sales OF Boston
property were made on Friday LAST
Pembroke street-Lot No. l, corner Of q ten foot
passageway 12o feet from fremont street. lot 2sx74,
l702 feet at 90 per foot, to n. J. Bradlee lot 2,
sakst sbaK c e4s s q ss to 70 ss9g George a.
Pope; lot same size. 81 IS, or S3,0l2, to Calvin
Brookllne street-Lots backing on the above:--
feet at 81 o. or sSsls TO "a " stetson; lot No: !.
low; lot No. g. same size, 81 80 So $780, to Calvin
Swallow; lot No. s, same SIZE at 81 67s, or s27lO,
70 N. J. Bradlee.
These lots were sold on the usual city terms, ten
per cent annually, with no limitations except as to
the time In which buildings must be nut up.
A contemporary thus summarizes W hat has been
SAID here during the peat month, presenting fair
the real estate market in this city:-he Isactlon In
real estate transactions has been greater than was
expected, and the market has for some time past
been very nat. The abuses which were practise
curing the early part OF the season have proved very
dapagtng. The demand for unimproved property
Tor time almost entirely ceased and for improved
property 1t was only moderate. The recovery Is very
slow, and 1t Is doubtful whether at this late day
gnere Will be any permanent Improvement in the
xlndS OF property which have been most freely Of
fered. This Is, perhaps the most trying time OF the
year. People are losing interest III city sales and are
directing their attention to country property
Sales Of this class have scarcely yet commenced, and
the public. not caring buy What presented unless
very great inducements are offered and unable to
get what they DESIRE are quietly waiting 1t Is to be
hoped that In the great sales OF out OF town lots
which Will soon commence, some leng already an
nounced, the speculative element which In the past
has been SO injurious Will be excluded. II 1t is in.
troduced If bogus sales are permitted, the army OF
bdders-n called again into service and the other
tricks and clap-traps permitted, the market will at
once fall dead and it will be beyond the power OF any
for country sales now is good, but they
must be honest and perfectly free from
the slightest imputatiou OF fraud or trckery.
The public have become suspicious and 1t Will be no
good sale Is, Of course, impossible; with It, satisfac
tory sales are almost certain. The owners and auc
ti0neers hold the power entirely In their own hands,
and as they use 1t so will they succeed or fail 1t is
OF course, quite possible that some adventurous
spirits Will try to enact again the scenes witnessed
during the Boulevard and west side excitement; but
II the responsible and well known gentlemen who
are most interested will promptly dsc0untenance
all such efforts and refuse to be in any connected
with them, the excitement will be but short lived
and can work no lasting injury. We feel justified In
believing that they will act and consequently look
forward to busy spring season."