The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-08-20

A ssSale'' Ho!-The Outlook OF the Fall
Trade-New jersey. Westchester and
Long Island Property, and the Pros
poets for General Activity.
The monotony OF the market was somewhat
changed to o spirit OF activity yesterday at the
Exchange Salesrooms by the presence or tolera-
BILE audience who congregated to witness a legal
sale held by Colonel James M. Miller, consisting OF
q house ana lot on the east side of Third avenue,
SOTO feet south OF 10th street, lot 2OxS5 which
was knocked down to Edward s. Innes for SIS, OoO
Although the sum realized is apparently small, yet
the fact OF sale having occurred at all is In itself
a gratifying change from the weary dulness per-
vading real estate circles But as q calm always
precedes storm, so does the present inertness in
this branch OF traffic indicate bright Fall
trade, for which great preparations are
already being made. Not only VIII there
but likewise IN suburban property. WestcnestSr.
annexation will come up for verincation at the
polls next November, and carried without any
material opposition, inasmuch as the measure has
been received highly favoraby by the citizens OF
this city and the Westminster towns affected
thereby.
NEW JERSEY REAL ESTATE
VIII, likewise, command considerable attention at
land are being prepared to come into the market,
among which may be noted the fine estate OF A.
in these Columns snort time aGo ecu
tensivc public sale Will be held next month at
Marion, N. d. adjoining the United states watch
Company, being q continuation OF the partition
sale held last month"; for the purpose OF Closing up
the affairs OF the Marion Land Association.
The opening OF the jersey City and Albany Rail-
road TO Tappan has increased the value OF real
estate the line Of this road almost 100 per cent.
The same might be said in regard to property on
the line OF the Northern road, were II not Tor the
extreme charges exacted for carrying passengers.
For instance, the fare eXacted TO Englewood Is
forty cents, While the fiIstnamed road, for an
equal distance, charges considerably less 1t was
currently reported yesterday that the managers OF
the Northern road threatened TO reduce the fare
to ten cents II their rival persisted in keeping up
the rates they established. II this rumor is true
then the property owners win be greatly bene.
fitted by the tght, which, At best can only be short
lived. ase,@s:sssEs IL fs.E: sgl-sR ssl.--
~Ir' LONG ISLAND PROPERTY
LOT the past season has been more active than ever
and promises TO continue so for an indefinite pc.
nod 10 como. On the 9th OF September we are to
have grand sale OF 450 building plots at Bay side,
the estate OF Messrs. John Straiten and George
storm, adjoining the we'll known Lawrence prop
erty under the auspices OF Jere. johnson, Jr One
OF the finest
POSSESSIONS IN WESTMINSTER COUNTY,
fronting the Long Island sound valued at present
over one million Of dollars, Is to come into the
market this FALL and Is being laid out now in city
lots. II the owner thereof concludes to carry out
his resolution and dispose OF this fine estate, he
Will realize very handsomely thereby. From this
quarter, as well as YOnkerSward, however, the
cry OF rapid transit" Is constantly raised and
when this much-desired result Is once attained
there Is no calculating where real estate specua-
lions are going to end. The future thus far has
most promising outlook.