New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-07-15
REAL ESTATE.
Nsw-YoRK. Friday, July IA. 1871.


The market continues inactive ana WITHOUT
-, The season * too far advanced TOT any
tive spcculatou and dealers are holding inc "l''iAo'
arm,y in anticipation Of renewed activity III inc Nu,il'
- s trot time II is expected that the route Of tue
-. poilroad viii he definitely settled. This VIII az
- q more active tone ~ the market, as II VIII IN
- .lo number of purchasers OF all descriptions oi
,rrortv Al present all property ON the prospective
lime of the road is unstable. The most aeuVe sPe'u"
ton however will De in the territory north oI Tue '"
trail Park and extending the upper part OF
Comfy The whole Of this territory Is ueS.'a"o ~
Enrbau residences and only needs to be maze a'' t
hic 10 hc occupied 10y the overflow oI PoPw""'h avn
this city - ,uo,or+ rare opportlnity
,or nnrcbasine superior farm the CHESAPEAKE by.
4 gentleman of taste and refinement Pur.i" S cares
pleasant home whence 10 retire lIol 81 tbc
a., dcefb balked his earthly calculations, ana U1
demands of his business relations require no ra Tow
pass into the hands of strangers NJ slitos for
o.tione ~ our country which offer more 1acites lor
Measure or profit. Water and ANA n0th Sp S,i5 ,n
most delicious products TO satisfy appeue VI n h
nature while access 10 the social life or markets. vi ho
cities is peculiarly convenient, ,.h IN somiapnuol
me san Francisco Builetsn OF the 4h III @ ~, ,
review of the Real Estate market SAYS DURING InS rio
holf OF the present year 1910 real estate seS S
I'm te city ard county Of san Francisco ines ar,
Rad an aggregate value Of s2976, or an average value
of g. 267 each. The sales for thc HIsl h! VI .H
1q (which was the period Of great real estate alo
rted In c15 of the aggregate value OF S2lWl6lo or
o age of $3.50 each. The difference between tne
average vane of the sales made IN the hrSt nan 4L tni
- l mar of 1859 fairly represents the decline In real
estate prices which has occurred since te lasl lat
wear I'm the first half Of 1862 buyers hardy stopped
count the cost Of the land they purchased OF 10 assn
themselves any questions TO how small an amount oi
interest was possible to obtain from speculative prop
rt. ali they knew or cared for, was that all property
Woy1 sen and that the price of all kinds was advancing
RAPIDLY: but during the pas half year the question OF
interest and income has been very prominently kept IN
view BUYERS have not asked what past prices or the fu
ture possibility Of advance were but what income does
the propery nor yedl In this lies the difference between
the two eras in the former everything was taken on
trust i'm the last the actual receipts Of the present nave
been chiefly looked 10, Tried by this latter test of
course very large amount OF outside speculative prop
erty was found wanting and had either 10 submit 70 re-
duted prices or remain unsOld Th6feuct8nee OF own
er 10 submit TO reduced prices, had almost as much 10
do with the small number OF sales OF the past sA months
as the reduction in the number OF buyers
Tie mortgages and releases Of the first hall OF 1870 ana
1871 are hereto annexed. The business OF the past SIX
months is not compared with the last half of 1876 heca
the real estate business and all transactions connected
with il differ greatly at certain seasons ana cOhpdr
sons 10 be Just, must be made only with correspond
ing months:
Mortgages 800. Releases ,,e,.,