, 1879-03-01
BACK AGAIN.

CHEAT NEWS FOR THE LADIES.
TnE Tribune can deilhttely inform ita read.
crs to-day that Mcssrs. Field, Letter Il Co. have
purchnscd from The sngor Sewing Machine
Company the magnificent cliflco Jus. con,plct-
cd Mt the corner Of Washington a,lu State
streets, and falnilinrty known rs Tho Singer
Building, together with the lot upon which It
stands. The negotiations III bchatf Of thu
Singer Company woro conducted by ". II,
King, Esq.,, attorney, und the price agreed upon
betwcrn tltu principals is said to havu been
$o5U t0O, and Tho llrst instal,tnent OF the p1sr-
cllasc money WIS paid over to Mr.. King yestcr-
day morning. Fur tic purpose OF obtaluiny
some further information regarding this large
transaction, TRIBUNE representative callcl
OF MI. MnrshaIl Field Yesterday afternoon,
md, after acuuant1ng lin with c fuct TINT Ito
lad learned OF thu salo Of the property, made 4
reaucat for the terms. hfr. Field replied tint
ali The information he could rive wns that 10
had bought ihe building. Tic rrportcr then
dapaTtea III search of sonlp tnelnucr OF tho
Wholesale ary-foods hollse Of 2
oAnsoN, tIK1E. SCOTT / co.
lie found QUO Of the Mrssrs. Scott III. and in
tcrvlcwed lu concerning tic lunse ttlut hts firm
hnl obtained OF The Singer Building. The rc-
yurter WIS informed TINT negotiations wcrr
il progress, tho naturs Of which could
Instrument they held bud bceti Included in tho
sule OF the property, Mr. Scott said it llad not
Ills rn1 hud leiscd tho building tn good faith,
mot for speculative purposes, but for ths
tnrge and increasing. business, md they Ind
opened negotiations for 1t after Mcssrs. Field,
Letter g. Go. haa g!gon up the Intention of oc-
cupYing It again. The negotiations a6out tho
cotlId voucllanfe no other Information in rein
tion 10 the aalc Of tlo propcrty, md the re-
porter went away mud learned tat tic first con.
sigument OF goods fnr The new store had besu
Pirio, scoit j. Co. i was .qu!te evident to tho
rcportorluI mind that tl,u lcasc would bo
purehascl back by the Singer Company from the
iltnl, aiMt that tilu prce paid for the property
wns q very high QUO for these times, md, IN tho
opinion Of so.ne m,.cl' iarcor thai would haya
been given under my other circumstances. 1t
wns uptncl by otllers that Messrs. Field,
Letter t. To. would again occupy their former
location Tor tl!eir retail trailc, ana u nlovo III
ilat direction seems likely As soon as tho Post
Office Is removed from tile bascuent. There Is
IN impression il!at they want to Eet IN by alay
!, under any ctEcun8tances.
NIL HENRY v. KING
told reporter yesterday that ha received \
TIC tic credit Il tic Singer MISUNDERSTANDING
Company, and he sent by last evenings inntl
the 4sed oi The building sna gr9anus to Mr,
New York, for him to executr. lie declined to
give the figures, rs he WIS afrafl Field d Letter
might not approve OF IT,
MIR. VAN nyKg.
the architect Tor tho Btngcr Company, stated, In
reply. TO . question by the Reporter ns to
ts Co. was blind to draw Flrll, Lcitcr s. Co.
out, Tint 1t was touu tuo transaction, and he
was willing 10 tnuku affidavit u ,fEtt efltct. lilo
aa! Field, Letter y CU. had cvldcntIY thuught
no dry goods tlrm iu thls city was ahlo u luko
tho SlnyGr Building but theirs, and 80 were
waitlng lur lu Singer Cotnpuay 10 acccpt their
olIcr. Tho Company l!asl conalderablc difficulty
in gctttl.g Carson IL firlu to tclinlulst. their
lease, 10 fully lluu they bccolnc committed Ia
=" ii tMr ruulor true Tint tho Singer Company
agreed ~ put money into lha tit'"s'' asked tho
II no, sir; tlev couldn't do IT," was tho reply
"Fronl Now York dry gou4s houscs. They
got soms Ut ss.: i.as ad alter tue lease Vas signed
Sir, Vnn Dyke went on to. State TINT the
Singer Company offered TO Lease the building 10
Ftula, Letter T. Co. q few duYs. nefore ihe lirc.
or, rather, That thu o!er cae from Field, Letter
Il Co.,. anl VIVA accepted BY the Singers, to
lease Inc bnllllDg for . certain sum anl al THO
taxes After 1t was rebuilt the owners offered
1t 10 The dry goods tirM Tor the su1Ne sun OF
1n0Uey and half the taxes, which offer WIS re-
"Would It not hare bccn bctter for the Singer
Company to l1aYe arcepteu tltu $3.50, ,000 offered
by Field, Letter & Co, for the ground after the
building burned downf'
''Eo; not by 4t00, ,000.H .-..
II Ia understood tlsat Field, Letter Il Co. take
the purchase clear Of all Incutnbrance, n1,i. II
| any bonus Is pntd 10 Eafson. prla d Co., 1t IL
pasd BY the Singer Company. Mr., King ln;,
lasteyenlng was Incorrect as regards figures, etc.
AN aQu1KNs,
Assistant Postmaster. stated Yesterday nfter.