, 1869-05-23
REAL ESTATE.
- REAL ESTATE.
The FarWtU Hall Sale of Suburban
Property.
Why II HaA Not Realized Ex-
peclations.
The Attendance and Bidding Yes
tetdAy.
Review OF tho w4ek,

I6tQAys
Review Of tho TVsek.
II hiss bccn SAID thai the real estate auction
which hAs heen IN psoEresH for te Last three dam
lad not realized the expectations Of people ger
ersiy. Ne think, however, that considering the.
sesson, snd the manner tn which tho sals has
@een conducted, more haa been done tnan opzht
70 hare been expected Viewed ffpm the xtand-
point Of petsou1 who hk1a 1nal eststs TO sell, We
should think tt WIS not tudietoua to III to force
the sale OF 10 laEgs IN 2moant Of property It q
slrae when hustneHs had been getting dill for
nearly two Hcek1, and Ne noticed, with no little
surrr1se. the attempt 70 continue the
sale after It Has. made apparent that the
temper Of the audience was not to buy
unless they could get properly At greatly rednted
prsees- A tndtious merchant never cheapens hi.
wares BY pressing them upon the market There
art times and seasons for al trades, not merely
teseons Of the year, but times for seIln1 when
people are eeser to huy. The ATTEMPT to gslvan-
tie any trade 50 as to create IN acuylty, generally
results In failure. Besides thlA there was TOO
much assertion, 100 much and too confident Pre-
f:fcuou by the managers Of the sac that this deu.
t4cal property would se1i for double the price In
eix months Even this we're psphable people
nho an hEely to be buyers, prefer to arrive At
sa, spon hs : noas q1 snts es's
NOT sut1ctent mental capacity TO md II out
without being told. The growth Of The CITY and
.lat& hs which to ludSc Of the f1.ure, and more
convincing th1n al the predictions that can he
uttered Ne .hlnl n these respects the tcas estase
aEct.nn has been tntuuictonstF managed.
YESTERDAYS AUCTION. .
l.s!, yts;e-day morning, commencing Al 10: 30
Ihc:e Was not q isrGe attendance by any means,
heather = u fine, aud peraona haa gone on excur-
konS . S.cE the rfuEsesty 10 be sold tomorrow,
The tesns were a,laouneed to be the same IS d
G.rai felfettnus ttrie- -
Tx eleventh elock WIS 1Ess offered It is u To-
acre tloct bounded On the norih By Forty
On tie sorth BY F6.7r-tcyenth, OF Mason et1tet
and on the we1t BY Cottage neore a~enne, 1ot
ttteet ts tie most prominent east and wet street
south Of the e!tJ lly1i,R The dummy car1 run
4o5g tas se.s . *i;is q a. bloch. and The uyde
itrts 'tH MsRn AeoTood ssauon Is onJ four
Lo,. fronting cn r.exel avenue boulevard, s,ox
rsnee % t. IS .: sa,i 70 - s. 4 nasai SoS e
rsys, which makes him the owner Of ihs snttre
streets 1t cost 35o,9aa.
'ss :; fronting On S9t.sxs G1oIe avenue sax1es
seoa we % "a - . e eold 4 IS e 70 e. soe
key IA ourr Of $50 was made far tne four hjocks
roth OF the foregoing, but the owners declined
The tesa.ae4s block fronting east on Cottage
tirpve aEenuc, between Forty-seventh and ForiT-
t:sh1h .,Ieet., nd frnntins 1sst oa Langley A.
through the centrr OF the block. The block lies
s.;Feen the two honleya1us leading to the South
Lots fronting on Mns1n or Forty-eeyeuth streets,
..1fGo kos. Z 81 8. > and 10, ralge $50 70 "a;
sold to 3osn {, Sylnaa. Scs- !, 2, 5 and Et1rfed
There 'enc but half . dozen bidders on the prop
Fft5. the auetonetr felt hound, IN Justice 70 the
Owner, to withdraw Tue remainder.
The next tract offered contains two ocres ex.
tending 10 ftet Eouth {Funs on Mason street, by
sesx feet On ETantafe avenue NWas ozsx.32ly
9neutir put Up IN lazRu residence louk 7ns dfst
loi c::eEed fsouts ~ feet on the boulevard. and
set Wen aou. NJ e Msssa e. sts = I sa At
to George VI. HOFFMAN The lot has . 1s foo;
a@e7. and Includes ssabe lot
Al l:s9 the sale was adjoutned until 3 O'Clock.
THE E'uvnlng session WAS = iallutc. There were
% NJ; many 1sssent. and the bids ven. few aud las
property sold, amounting to &32,a
AFTERNOON SIZE.
5.Sa S3.e r. ~ setuns ~ A. n The at,endanoe
prnre:nen! on .he mo.a:a: session
Ihe TINT Esnreny oferea was 81 lots on Cottage
M Grays @ md Eta Esan* avenues, bssween Porty-secoad
1hat Cottage Gfnre aSenuc is to be w1deneI frpE
81 10 100 fcet uh,ch will tafe 20 feet o1 the loi
offered for sale front1ne on TINT 3Fenue. The lot.
vary in width from Il to Is feet and haze = dept
pf 10 fcet No. 2, corner Of Cottage Grove are
nue. md Forty second street, and the three lot!
eold 10 l. u Fisher 1t tas-5a. No. II and IS.
total frontage q y teet started at rs aad sold t
J. n!nman at ~ The balance OF the proper.
Lots fronting west on Kankakcc ayenuc half
way tetxeen DouElas plaee snd Wanpaneh ave
nut were put up. The lots measure s31l&As ant
have 1+-tool Ltet. There will he no asseas
ments for street improvements on th.s property
= ah TIC Geu!esaH1 xni Be ppseysa by tae Pars
las place were esaItHt1 at so a foot, and wen
rapidly Ge 70 ~ at which they, were kaoeEel
lots wc:e Withdrawn, and The audienc. was ID
tltt.1 10 make personal Inspection OF the prop
1rtr.
The next property offered Is sen.acre block
:.:!s ming 80. -. ou The suth, bounded ~ Foftr
=, s;,,+ ~, .gT tsn ~ Iaods'e on tit
lucttcneer stated that the fonoW1ns encambsannt
.:""s. aae Oc1cbeTid 40 Il rer eenI ri nicssst
SH,e"', iae Uctooer III is.o At per cent interest
so s due e os,ohsT I: III q er zen. ,leEe.
fS:f"' dEc October H. ls1l, at PEI cent interest
iht t NY ~ . i*t csrt Il pa'ahle III Phllbtlc
IHa. Sa Mh =: =: ANIMAL interest rhe trlst deed pro
,.,"i n lasmeni Of slu,5 or more al one time The
l.resAt owner will make similar terms on the
I"t senI III thirty dass, balance above enclu
t"::.r~, in ore and two gears, with annual Inter
+; u lock Was started At $4,000, and sold Il
l'sweN \ Eoeuc, at .4apnl. -.
It.e nt1t property sold d eightS-seyen and I
half 1t.t on tile southwest corner Of We!!s Al
Jackson EtEeets, With buildings, Wh!ch tselde.! ,
r.se,sGt Vi 10 pcE cent Oh Eatnat1on Of -
1tere was nc compc, ,itaon, and it vas bought in a
mthe CEarsea Walker er.atc, which the prorert
Ass o:t.sek the sale was adjourned nu!u -
l.. aa: The amount Of the afternoons sales va
s1s.i62-ca. The bidding was coalncl TO few pei
EuHa tEt Hnoc0E TnFlu N3} E11ltif.
KvEHH0 sEssroS.
Al ha:(-past :, the hour appointed for the cor
present a>oept she rspoFters, and as the.r m
little chance of dispns.ng VI lots 70 them. the con
neneesnent q thc sale was po-tsccet n2sl II
arrival Of an audience A. O'Clock shout ii
Persons con2TcERf--1, and the sale began.
The Irst property yt1tred Consisted Of 1eo lots
etxIe3. fronting 0a the Western boulevard and o1
blanchard and t1Al1 avenues, and between Porty
l.trt and Forty-secnud Etreets near The o!d eli
imsA The ground wss recommended ~ hlR
'i,wn, 'iatancc Of . reT cent IN Is days; II Re
cfut n - tayE- ana taiAuee tn one and two yea1
The lots fronting On Hart avenne sold At the 10
lnainR raies: No. %, s. loot: 70. 20 next 1
en;ss. 8 foot: No. :. nc1t Mouth, ss,aa: So.
S;..c. T1,c remaining lots we1e oCc.cd At 5 FOO
lat iAtre Wege no tAketA
The next property oEesea VAS snordonda!
?.:E= Mtween fasty-nfsh and Ftl!1-ninth street
s:1te;, l.:ooffeld nrenne, Northumberland At
1,re, and suowdondale avenuc. The western hi
State street, aud one and oue-haif miles southwe
81 pr1:cr fa1k The property is diyided into .
1tls~ measuring :311s4-2 e4ch. MI. C1Afke dliate
On tale .d1antaGes Of the property and It's fatul
r1st. In value- The terms were The tatne ns IN II
last case ....... ... ... .....
Lots fronting on neAbcn between Ff1y eisn'
aLd Fifty ninth streets. No - sold q sL2s; y
1s t.: No Il ut A.ca The n1so]d lots rere o
teEsi At u. with m taxelH
The lots fronting on the boulesaiA ttxl4
1etween Reuben strret and Broofreld aycuu
were next pot TIP. one bidder erpressed b
opinion OF tte boulevard b. Offering s. foot Il
lot No, ;, which waa nn1Ey knocked down at 445
No. st $50. No II Il. No h{ u. IT
1ther lots Kese offered at = \ foot without t1kcl
Mr.. CLARKE announced the kaie adjourned. tn
vas nertlt supplemental. sale for The o1cftr
oi cheap lots to worklnsntn, who had not al o
{ouuuity to attend The d2J RaIex- The few pu
rhase.e were mechanics. None Of Them SCENT
10 have any idea whtre the lol8 were 6ltuated-
thtE knew wa4 that The lois fFpnted on ayenu
asa toulcvA1us cuphuctoU6iy dcao11iuatcd-
Tar to:ai amount ee,h during the shrrc tiA
was f"s1,s19.s4 The sale viii be continued
1ne :TuN morning 1t 10 O'Clock.
REVIEW OF THE WEEK.
fEe following table shows tho volume and Il
tenc5 OF tsacsaesaons in real estate situate witt
ra'.as extending seycn miles from the, Coz
House. during the veet ending May e, the agg
gate ya.ne IN each direction anl The total In 8
t<.nR compared With The katpe Tor last week:
(ss = i