The New York herald., 1869-03-15
Real Estate Notes


Tne "Odeon." Williamsburg, recently Hooley's
Opera House, is to be sold at public auction to-day.
Mr.. VIM. Perry has purchased the Democratic Hail
property corner OF Main ana Cortland street. Tarry-
town, from Mr. N. h. Odell. for $4,000.
Mr. G. Curtis has sold his house and lot near
broadway, Tanytown, to Mrs. J. Weatherspoon, Of
Mr.. 8. Emberson has negotiated transfer OF the
elegant stone mansion with thirty acres OF orna-
mented grounds, at Tarrytown, and lately owned by
sum approximatng SOC, ,000 sf-sss
The following private sales OF real estate on the
were made by Potter Brothers during the past
week.
Three entire blocks fronting on the Boulevard and
200; thrty-fve lots ON the Boulevard and St.
NICHOLAS avenue s55,000; four lots on Eleventh
avenue and % isotn q street. sr $3.50 0's " ''"
farm OF l60 acres and fine improvements. IN
Middlesex county, N. J., was sold BY thu same firm
As an instance OF appreciation in the value OF real
estate the following is gwen In weekly paper OF
,nis IN city:-A gentleman leaving Worcester Mass IN
lS4S was desrOus to dispose OF his farm In the south
suburb OF the city. He demanded 81, 500 for the
property and was offered $1,000. The bidder would
committed to the hands OF an agent for sale. who
has recently RENTED to the owner $780, 900 and still
retains one,half Of the farm on hand.
journal devoted to the industrial interests OF
Virginia. recently started In that State, has the fol-
lowing respecting the cheapness OF Virginia lands,
iuoSo Vi WuiCu 10 uuqucntiOuduly Iuc.-lHdL Tie
lands OF Virginia must be very cheap is evident from
the fact that there s here such immense surplus
OF uncultivated land II we look at the census Of
1860 we will see that about Onehaf the lands in the
very heart OF the State are still IN virgin forests, and
we think we can safely say that there is neither the
labor nor che capital to cultivate properly onefourh
OF the open land. The want OF necessary capital for
successful farming, the want OF experience in the
organization and management OF free labor and the
nigh rate OF interest, all these things weigh down
the farmer and eat up his profits he attempts to
cultivate large farm, and incline him to listen to
the voice OF experience which comes to him from
the farmers OF Europe as as well as OF the N0rtn
telling him to work less land and 10 work II WELL
But the causes which the distressing depreciation In
the price Of our lands s due temporary, and In
Virginia certainly must soon cease to exist. Already
the tide Of emigration westward begins TO be stopped
by the bleak and sterile plains OF the trans Msss
sippt, destitute alike OF wood and water, and the
strange sight exhibited OF idle men thronging the
streets OF the cities Of the Great West IL needs no
prophet to foretel that this tide OF emigration must
nrst dow into Virginia. Virginia OF all the Atlantic
States desoated BY the war, is nearest the States
where wealth and population redundant, and the
first wave OF southwark emigration must now ever
her. Already the pioneers OF this mighty movement
In the persons Of shrewd spectators and capitalists
seeking safe Investment for their bonds at gold
values are cutcning the choicest prizes by purchas-
ing the most magnificent estates ct mere song COM
pared with their intrinsic value buying for tre
mines OF inexaustble wealth.