, 1876-07-09
$4,000
12,000


CITY Limits-Sales, a; cons1ue1atlon, Sio;,ooo'
Total sales, 70. Total consideration, s34',a49'
IN GENERAL.
4 BIG THING SECURED BIZ PAYING TAXES.
About the biggest thing In the way OF "1no-
fall tnat has been chronicled, for los tncsemany
days, has come to light within the past lew
days in this city. During the winter months
Cobb & Branham have had In their employ q
man by the name Of D. A. Brnin, Who
has engineered a coal cart With s'g-
nal skill and ability. Bruin lived On
Yaudes street with wife anu tnfeo
children. and has been in somewhat straiteneo
circumstances. Mr.. and Mrs. Bruin lived II II the
Lchigh Valley, Penn, many years ago. anu
nearly twenty years ago Mr. Burns, the 1alner
Of Mrs. Bruin, decided her and her orotnef II
O00-acre tract Of mountain land which was tneh
comparatively valueless, and was chiefly pro
ductiye Of underbruBh and rattlcsnakes. Inc
Bruins moved west shortly after this, at lengsn
finding haven in Indianapolis. The brother
remained in Pennsylvania, but at some distance
from his mountainous possesslonts' 1uu cH1e ~
taxes we're prudcntly kept paid up, as it was
expected that the land might increase
In value. Not having the advantage OF
very extensive education, IN 1act
he1nQ mG4IEI1T E1AOh EA al tAAAe ASE,e-~A3, S~
brother and sister have not carried on much o1
a correspondence nor kept a very close "atcn On
their property, being quite In ignorance OF It's
value. Imagine, then, the surprise OF the Wor-
thy Bruin and his wife at receiving can from
and an offer Of s2O6, coo for ten-year lease Of
the aforesaid tract. The cautious couple con-
ceaIed their feelings and asked the advice o1
friends upon the best course to pursue IN t9e
matter They were advised to WIT ,a ana acco'a not
At once accept the offer. The men re- re,
turned East, and three or four days
since another set Of capitalists from Pennsyl-
yania called upon them, aud, after tne M nsna1 o2d
amount of diclScring, proposed to g2ye S4O0uoo oS
' BE- paid Oh the 1st Of July NIT, and the balance
in niuc annual payments. This proposition was
accepted, md the gentlemen left for Nevada to
look after other mining interests: Ihey VIII
return in few days, and the sruns' fssb acepm-
Brnnham, will 60 to Pennsylvania and close tue
compact Mr.. and Mrs. Bruin are past the prime
Of life, but bid fair to live many years to enjoy
their suddenly inquired wealth~-lndsa7.apot
Journal.
TWO MILLIONS OF DOLLARS AN ACRE.
A ycry Important real estate sale was lately
made in New York. Jauncey court and bulld~
ings, with frontage, including couItway, OF o9
feet on Wall street, midway between bonn and
William, and lis feet In depth, sold for
500, and was purchased by the Oriental 1nsur-
ance COMPANY The rental for the buildings,
which are brick and old, is now stated at
s31, 900, which capital, invested at u per cent,
the oss od 9 the yaaaon
lower. The point Of the sale is its recognition
that bottom figures have been reached IN thfs
discounting Of m improving valuation. me
Troy Times, referring to this sale, remarks that
any Wall street property has been placed under
| the hammer in nearly half q century or more.
| TWENTY-FIVE years ago the Bank Of Commerce
| building was sold to the Government, and
converted ino an assay Office ne plot Is t ABOUT
| and tie price was s55000o. Six years ago the
| Drexel Building was erected not Tar from Jaun-
! cev court, and The land Was bought at the rate
| OF s14,OO0, eco per acre. After deductlng the
extra value which this plot claimed 6ecaa6e @ II Is
| a corner, we haye its price at S8,0o0, wv per
| acre. Jauncey court, however, sold at the rate
Of two and one-seycnth million dollars per acre:
Seventy years ago Jaunccy was q distinguishes M
merchant in this city who lived In wall street,
ray Hill is at present. Soon aftcrward Col. Her
man Thorne, a dashing young officer, came to
| ibis CITY and was very generally admired. he
| married Jauncey's daughter, through an elopc-
ent, and they vent to PaE Co t11nee Whee
age united them for Partisan gayety they re-
| turned, and both died in this city, and in set
| ting tile estate this property came into market.
Some years ago 1t was constructed INTO 'aunces
court.
One result Of this is a decline In real estate,
| mot rapid st present, not even leading to a
wide depreciation OF values, but still i vcry
striking feature In the present condition OF tne
letn IL London before, especially at this season
Of the year, when generally any stutfy baud
boz Of . room will fetch a fancy price Agents
tell me that it is almost impossible to find ten.
ants for the dearcr class OF houses. AS you Il
New York know too we'll, when once this sort
Of downward movement begins, there is nc
telling where it will stop. London is q large
place, aud there is always plenty OF ne" money
pouring into it, consequently the depression II
estate scarcely eye1 Pc So gteas mere a
appear to have fallen from 10 to Is per cent, anu
that is great fall 10 the very height Of the Lon
don season. "You can get house Tor moth.
ing" said an agent to me the other day; bnt
when tried to secure this most desirable prop
erty, in every way suited to my wants, an
sorry to say that it did not quite answer to TN
| description of the agent. And although there
has unqucstionably been widespread loss, ane
even ruin, still no one would think that anything
| Of the sort existed, to judge from the enormous
numbers of brilliant euuipages which fill the
| streets, and the signs Of wealth and prosperity
/ which abound On every side When people cal
still afford to give 5000 aud 1o,o9o Tor ptct
urc, couple Of thousand for an ugly old vase
4
which last incident happened only yestcFdny-l
is quito clear that there is good deal o1 hoatn
capital still lying around loose. few hundred
| Of Impoverished families drop out OF this grea
ocean Of London, and are as little missed US
drop OF water would be missed from the Allan
tic.-Louis Jennings in the Mem 1oTE fVorsd.
BUILDING PERMITS.
| The Superintendent OF Buildings issued th
following permits last week:
Eliza jennings. one-story store, 21z3O, corner
Fillmore and Hoyne streets.
. A. THOMSON. three e-etory dwelling, 141ax5d, o
| Hubbard, near May street.
Dennis Ward, one-6tory packing house, 50x7G
. ! corner Of Archer avenue and Haven street.
James Thorseu, two-story dwelling, 1l337, Q
Shober street.
". ". Doyington, three STORY store, 48z120. +
/ 1856 and 331 Wabash avenue.
Thomas Carney, two-story dwelling, 2lx42. I
466 Uuion street.
George Decker, one-story store, 2517o, at 81
| West Madison street.
: Frank knight, basement 20x3o, at 598 unio
| street.
c. il. Julius, two~story store, at 162 West Pol
[ street.
Henry Yatt, ouc-story barn, 4o115o, at So
b. B. Shipn1an, three-story dwelling, 35184, :
E. S. Heaton, one-story store, 15ox7o, on We
A. and D. Rocca, three-story store, 2o170, COZ
| net OF Illinois aud Franklin streets.
, L. G. Branard, two-story dwelling, 14lx4o,
| Vernon avenue.
| Twelfth street -