, 1873-08-12
= LUOAL TNfCEa,
Tho local market is quoted by Lunt, Preston
BOSTON nEA1. ESTATE MAnKET.
Tito Boston J0urnatof Commerce Bays:

HUSTON AEAl ESTATE MAUAET.
Tito Boston J0urnatof Commerce says:
During tho paat week seyera very extensive saes OF
real estate have been effected in tho MARKET not only
81 suburban property, hut also q estaseH within tho
healthy tono to tho market, and, in consequence,
holders firm, mud not disposed to make CONCESSIONS
thst hnn oconrrc during this tho purchase
by tho Mntuaf Lifo Insurance Company of Now York
p the esns k "pa reai formerly
m area Of a7oG7 square feet, and wne sold by John
g. Cushing to tho above Company for s2is, ,os 10.
ct nt thrce lotB Of land Pearl street, paying
therefor $780, G8o88. Thesu Agures show enormous
increase in valuation IN that locality within the past
few years. There were several other important acs
nniong which an eutate Washington street, 6Sx
500 feet which was sold to Russell Eaton for 370o0.
lrovaed anil considering tho proaent dullneHB re!gn
Ing n almost all branches Of bsinesa TIE real estate
market freRe!lte encouraging outlook sud gfeB
PROMISE Of greater activity in the near future.
RAILWAY MATTERS.
Tho Missouri Republican has an article on
American railways in Mexico. We quote:
w recently gavsa synopss Of the memorial on tho
% o he Una to 'si@ssy e9s %
e Il doaS S o ssssn oehess vii
ratify tho contract ,nads between tho President of
SssS sa hss s certain s epchsa s to o
eation between tne USted staes and olty # aio1eo
try tho entro distance being 1000 miles. PlumbY Ia
to 10 oroadgango road ani ID TO connect tic Capital
with tho Unltcd Suites at about Loredo on tlo liz
Grnndc, the probable terminus Of tho To1aa 1nterna-
tona, which connecta ct Fulton with the Cairo Full
ten Road aud othera tributary to st. Louis The Guy-
eruu,ent Of Mcxco grants plu1nbs road aubvcntion
os 9Soo for eaeh klonoer 2sl Engsh feetl Of rond
the road III finished inside Of ten years. and many
other aiEantagca Gen. Rosecranz ia also at tho heAd
e. u american eaEasss ios tno eonstre
Of Mexico to Tu1la., al! connecting With 3 perfect
network Of branches. to build which ho n!so received
concessions from the Mexican Government, the subHi
dy being equivalent TO $l90 900 per mile. Two million
dollars wore subscribed m the United statea towards
1no@lsdEo Of , ths, aubjset wsn 10 represents lit
neglected field Of enterprise. uo has secn the
Rrna wealth ol Moxsco Idle or misNsod: ho hns aecl
us of tapltaI a1, tho opportunities Of Industry which
capital Affords lie expects tts regeneration by mea'h
present ablc President Of h1a1ico Lerdo Toiala an-
no4"eoa htsclf when inauguratod iii December last,
been On tho alert since for tho attainment Of
opportunity for profitable speculation III ratlroatl
hayo devoted much Thought to e two enterprsos Of
rmb 'sI and being snont equally divided
oup, nnd ngafn the other haa ccn considered 10 laye
tho advantage. It WIS reported solnD t!ue since t4at
tho iosecIalz Company would have 10 give security
expiring Whether this was done or not is uot stated,
81 on!s inteseats such as shu ny have, III favor
Of plunib's 1nsernational.
CENTRAL IOWA RAILWAY,
We quote tho following article from the Mus
catuo Journal:
Tha stockholders OF tho Central laallroad Company
o Iowa. held tAer aAnual meeting for tue election ot
seo bes
h iag IgnSs gs T. 4s,,a st
rJnuv vorks T, AfHtt Nat vtrks NJ GhnHn