The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-01-25

TIE week opened with continuation of the fea-
lures mentioned in our article OF Monday, but with
out public dealings that day. Yesterday the fol-
lowing sales were made at the Exchange
NEW YORK pgopERTY-By MULLER, WILKINS AND co.
lot, known rs 500 howery, 1903 IT, s. OF Houston st.
lot adjoining the above. 56sjS is6xssa"
fpon BRICK store and lot No. IS Bowery adjoining the
above; lot l6.6x9s.9 X. 9. Rgerson.. $4,000
me attendance at the sale was large and the
prices obtained considered far. This increased
attendance at the Exchange Saesroom at the
several although few, sales which occur Is in itself
one Of the most hopeful signs Of q re-
viyal Of interest in real estate speculation
speculation, not III the abused sense Of that
word which prevails among those who look
with horror upon Wall street dealings but the lcgti-
mate, wholesome activity which the pr essence Of en-.
terDrse in any business gives TO dealings. The re-
marks which have appeared here with respect to
Long Island lands have attracted much attention in
real estate circles and provoked inquiry into the
character and availability OF these lands which ex.
hioits in marked degree the initiative character OF
EXTENSIVE TRANSACTIONS IN VIRGINIA LANDS.
The Chesapeake and ohio Railroad Is an enterprise
familiar TO all as new central trunk line TO the
West, which expected one OF these days to mo-
nopo1e the great through traffic Of the Pacific
tlnent. Without going Into particulars which do not
belong here II may be worth while TO explain
| that this advantage over other trunk lines IS
| claimed, not only as OF absolute linear measure
mont. but by comparison OF equivalent grades and
distances, Involving In these TWO considerations the
1 great advantage OF cheaper operation and conse
I Quently cheaper tolls The Chesapeake and ONO
! railroad, so Called Is the result OF consolidation
| and Ohio Railroad, authorized by grant or tue
| Legislatures OF Virginia and West Virginia in 1865
"a aaa G pe Tyap 10 a n he
eastern corner OF tie state Of Kentucky, with otner
@ Wesern 5sa need not be
OF the three States OF OHIO, Kentucky and West Vr-
ginia Richmond has long been known as the eastern
terminus SO lar as was SUPP osed to be surveyed;
but IL was well known that u further line was TO be
built to some point either on The York or James
Of this extension was however, kept secret, ami in
the map furnished ~ the financial agents Of the
company, Messrs. FISK \ lIatcn, two problematical
OF the bonds VI Tie road might stake their choice-
the one to West Point, on the York river, and the
| other TO point short distance below Williams.
! burg, on the James. The heavy purchases recorded
below by parties interested In the road-Mr. Aspln-
! where ibis eastern terminus WIZ be-viz., near
Yorktown, where the waters Of the York river aud
I tile Chesapeake Bay mingle. The following are
OF LANDS purchased at Yorktown, between the York
iows:-The Anderson estate containing 10 acres a9
| IN and around Yorktown, fronting on the York
river, purchased a, BY William 4. Aspinwa ana
ing 2,5oo acres; VIM. II. Lees, containing 27o
acres fronting on James river; Robert A. Bright's,
! woods, 60 acres; Wall tract, 27l acres; Boliver
| Sueld's, 10 acres; u. B,sGrOrs, Sl7 acres: N, K
! Eagles 500 acres Waller Darlington's 500 acres
X oDert Arlstead's 10 acres; Willis Lee's As acres
the Wynn Mill Farm, 72O acres, owned by H. III
Wynn Lands purchased by Wolf L. HeYman OF
! New York. as f0l,ows:--The Power tract, at YORK.
town. 225 acres; Nas! tract, at Warwick river 3 100
| acres; Minors, 300 acres w. Il. Lee's 90 acres:
| Hubbard tract ironing the York river, rs acres.
| The following purchases have also been matle:-
! Edward Kirby, OF brooklyn, N Y, "moian field
| on the York river 600 acres; Metran Makely of
Washington, ID. c., 55 acres; Y. b. Choices, OF New
York, Grove farm, ' on the James river, $50 acres;
/ 4. J. Milford. OF New Jersey, $50 acres on the
| Poquosin river; William Bennett. or Pennsylvania,
! New York, tue ''Warrcn iarm'' fronting on the
! Staten Island soi acres: John !. Hovey, OF New
! YORK. 200 acres; J. Carpenter, or New YORK $50
acres: Charles Gallagher l. son, OF New York as
/ acres at dining the national Cemetery Yorktown:
Mr. W. I. Il. MlnSel OF New YORK. 225 acres on the
/ York river: Willard smith, OF the New Jersey Cen.
| tral Railroad Spratey's farm, on James iIyer
\ 10 o acres; 4. J. smith, Colonel Dupheys residence
and $50 acres. at Williamsburg: William jolly OF
New York, 100 acres near " Williamsburg, and SO acres
near Yorktown: II. IL Thurber, '.Bigler farm ;,
/ $500 acres; W. D. SGurS, OF Baltimore, ana Henry
! laistead, OF New YORK, .srempe farm. on YORK
river, 500 acres; DR.. Jolr -. Iabb's plantation or
4 1850 by George hughes, or New York, for
/ s6J,vo0; also the Aiuiton plantation OF $50 acres
Thy MI. Duncan. OF ~. Louis, for s4350o.
IL - Mr. james L. ASA, - acres, one mile from York.
! byS
| town, Va, : l., acres on WE York rlyer.
y ". 4 uoope, re al "''a1o y circuit Of
! iheah,vc purchases a..