The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-04-22

skill has provided az means whereby sne may re
tain them as surely VIII the sceptre pass rem ne
hands, as the Empire CITY OF the Empire state y
This CITY is sadly in need OF some broad
comprehensive ,. plan Of improvement that WI W.!
Brooklyn Bridge-let the question OF annexa
ton be settled aterwards-but rapid transit and
these improvements are already discounted in tue
present assessed value OF New York real estate
especially the dock system, as upon the provision
0l that depends largely the maintenance OF our
commercial supremacy These improvements Will
OF course. cost money. nothing can DC
city Is yet good IN spite OF the reck,
less administration OF Tweed and Connolly and
the penny-wlse pound oOiisn policy OF Havemeyer
and Green, and any Intelligent nnancier WIN adj
init that II bonded for these improyements-viz.,
rans1' ana proper dock
wiped out upon the completion OF these improve
THE APPRECIATION OF REAL ESTATE
whlch they would bring. and the stimulus they
would give TO New York's growth.
Inc following extract from a journal which
IN rms cry Is given as showing what Is the &C
cepance OF the existing condition and IN justica-
ton OF what has been previously said here:-
The events of the week have unfavcrabe real
estate and 4 would be folly the show
mainian rm attitude when absolutely brought 70 an
ssSsysd nave ' he sreaisr Dart part
srs 81 but in at least instance
Oh prices secured were lar
OF nat sass sa 81 properly for the time beng
nue. made an equally poor showing and other sales
mpoxed properly indicated that real estate was going
!, lie IN q the week occurred
mary adjourned after one lot had been disposed OF
iion. e. '"AA 80 'N'1-
the depression in trade and the unsettled state all
and real estate when it must come INTO market is
viii
an to IL Ss n ses Of @
sections the city which have abnor
better time buy than now ana ceriainy greater
e e Is a nS Of ss 's
SLICK closely to their prices and TO carry their invest
ans s S a. eo
loans from these SOURCES are maltipyins there i
no reason why such loans cannot be safely made and
Renee should weakness in the market continue and
any regain all it has lost and viii surpass sanguine
To this can be added the assurance already FREE
quenty expressed in this column that whatever
may come tS pr9y0se an ex
tate, the certainty OF future profit to those who
inteligenty invest with the ability to hold, is be-
You'd that OF ANYTHING offered in this market. not
even excepting government bonds.
YESTERDAYS OPERATIONS.
The dealings in the open market yesterday were
wholly without interest, being confined to legal
sales. Mr. James M. Miller sold, under direction OF
A. 1. Ackcrt, referee, the lease OF the premises
No. $50 Broadway, between Blocker and Bond
Streets Messrs. 4. A. Lawrence Il Co. sold under
direction OF 4. D. Gale, referee, the house and lot
known as No. 20 Tnirty-ninth street, and Mr.. II. N.
Camp disposed OF, under direction OF Theo. +. Mill
er, referee. q house and lot on East Eleventh
street. The legal sale OF the Seventy fourth street
property was adjourned.
The following are particulars
NEW york PRoPERrY.ny JAMES NJ MILLER.
s. m g. blk. h. and lease OF lot No. $50 Broadw ay
1876 IT, north of Blocker ST. The lease has Ii
years to run from May l, 1874 ground rent Sc. 500
taxes, asse ssments and water rent; lot 29xl30; s.
w. LeinDach. S55 900
A LAWRENCE
l g. b. s. h. and No 20 39h ST., n. g., i75 IT. c.
Madison av., lot .5xSS.s @ A. Robbins. $1,000
BY II. N. CAMP.
3 S blk h. Qear). Fl. shop (rear) and lot s. f.
18th st. llS II. e. of nv. b; lot 25xg4.9 George F.
Miller plaintiff. Observation-Disclosures. .......... s0sl