The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1876-06-20

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New YoRK, June l6, 1876.
The auction sale of Jauncey court is thu
first time any Wall street property hal
been placed under the hammer in nearly
half century or more. Property on thi
street is in such strong hands that it ia sell
dom put into the market. twenty-five
years ago the Bank Of Commerce building
was sold to government, and converted
into the assay office. The plot is about the
same in point Of eze with Jauncoy court
and the price was $3.50, 1000. This shows
at how low rate the latter was sold. An
additional illustration is found in the fact
That six years ago the Drtxel building was
erected, beng not more than $50 feet from
Jauncey court, on the same side of the
street. The land which this building &C.
cupies was bought at the rate of $14 600, =
OO0 per acre. After deducting the extra
value which this plot claimed because it ia
a corner, we have its price as $4,000, 000
per acre. Jauncey court, however, ohly
sold at the rate of two and one-seventb
mlllion dollars per acre which is a very
marked reduction. This shows how the
| general ehrinkage has affected Wall street.
Nevertheless, low as the rate may be, it
seems goodly price for business stard
PERSONAL ALLUsioN
Seventy years ago Jauncey was distin-
guished merchant in this city who lived in
| Wall street, which then was as fashionable
centre as Murray Hill is at present Soon
| afterward Col. Herman Thorne, a dashing
young officer, came to this city and was
very generally admired. lie married Jaun-
cey's daughter, through an elopement, and
they went to Paris, where Col. Thorne be-
came one of the leaders of fashion. When
age untitled them for Partisan gayety they
returned, and both died in this CITY, and
IN settling the estate this property came
INTO market. Some years ago it was con-
strucied into Jauncey court, and forms one
OF the best plots in Wall street. The pur.
chase just referred to was made by the
Orient insurance company, which Will erect
grand structure, and no doubt make il a
profitable Investment.
ANOTHER RECENT SALE.
This was the church of the Disciplcs.
which was covered with debt. and was sold
under foreclosure. The society purchased
it, and no doubt it will now be placed on a
permanent bagis. This will be great sat-
istaction TO the pastor, Rev. Mr.. Hep
worth, who has labOred ardently for its
support. and really deserves success. Tbir-
ly years ago the Broadway tabernacle was
in similar condition. The society had
ruined Itself, financially speaking, by build !
6se aTa f Ghu! T a, sod qaasr fere
their number undertook to buy the property |
for the society, and made the purchase at
SIG coo Although money was then worth |
II per cent, he accepted seven from the |
church, and gave il the privilege of paying |
the loan at It's convenience. The building |
was let for ADJUSTMENTS during the week,
and became favOIite resort. The rent |
paid the deb, and when the congregation |
moved uptown the plot was sold for $780, |
COO The man who carried this burden
WAS DAVID Hale, formerly editor of the
Journdl Of Commerce, and one Of the no.
blest men New York ever contained. Fl
nancially he WAS he founder of the taber-
uaclo, which is the most substantial Con-
gregational church in this city.
STEWARDS CHURCHES.
Hale sacrificed his own interests to the
success OF the congregation. Had he in
vested that $40 QUO for his own benefit, he
could have made other.purchases equally
remuneraliye. The course he pursued is
so much in contrast with Stewards policy
tina, one cannot help noticing it. Stewart
owned three churches; The Baptist in
Amitv street, which he turned into stable;
the Unitarian in Broadway, which was
changed into q theatre; and st. AIMS in
Ninth street, when was bought bot long
before his death. No doubt he had planned
some use for it aside from its original pur-
pose. | observe that Mrs. Stewart has
withia a fortnight made some handsome
donations. The point of remark in tins
case is not that the rich widow gives away
money, Int that it ia something new in her
history. Il has been known for many years
IN st. Marks congregation that nothing
could be expected OF Mis-, A. T. Stewart.
Many henel cent projects were accomplish
cd by that excellent society, but lady
who i. conversant with the facts told me
that the Stewards were always counted out.
This change, therefore, may be considered
as illu,natng the bondage in which she
was held by her gripping husband He bad
money for show, but none for charity. His
display was done in q manner that gratited
his peculiar notions. A ship load of pro-
visions; $4,000 check tor the Lanca-
shire weavers; four times that amount spent
"lo beat Grant," and palace in the Fifth
avenue-these were grand advertisements.
which correspond with his vast schemes of
business.
WEDDING NOTES.
Although this be not particularly sea-
son for marriage, the lovers knot is fire.
qucntly tied with much eclat. The Eng
fish style is now frequently adopted in the
churches, the gentlemen carrying their
hats and wearing morning costume
Among the clergymen who have OBLIGATED
on such occasions, | notice the name of
Stephen Z. Simpson. This gentleman,
who is a very popular member of the pro-
fesson, is the son of the late Edmund Simp-
son, former manager of the old Park thea
tire. Edmund Simpson succeeded stephen
Price in theatrical sway, and named his son
after his predecessor. The Barrett-Leland
nuptals at the Sturtevant House bring that
noted inn once more before the public
The Lelands, whose name ia now almost
legion, were there in full force, and the
ceremony was performed by the venerable
Mr.. Hutton, formerly pastor of the Wash
ington square church. He is now retired
with pension of $4,000 year. Only
three years ago the Sturtevant House was
before the public in very different man
ner, and the Walworth parrcide thrilled
the community by its horrors. ST. Bar
tholomew's church was also the scene of
recent wedding. The brides sister was
married a short time previously, and the
mother, fashionable widow, expects to be
| led to the altar during the coming autumn.
Three weddings in one family ought to be
considered suitable celebration for the
centennial year.
OUT or TOWN.
Tho TINA hao cnoa whan man habhlp