Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1879-03-25
Letter from LceSbur1.

Core joodarco of the Alexandria Gszeit,
IEEsBUEG Va, March %, lS79.-My las!
letter nenrioccd TIC 'cct lhs! NJ. g. l. I. a.
tlslcher bed fused sn ffel OF so per acre
for 2l:4 tc:es # land Gear uamitoO. N. G.
coocIujrd &c se!i I'D lid 50 10 his uGcle, osbus
Hatcher, at that Irce. Inc assessment was
$1,000; Sal ), sis. SAC 2j; !upd rcmaininr,
S1,4i6 %, Il. kirg total selIrH 7a!u, Of land
S2O S92 80 tXse,. t! ses over assessment,
s. So so. or u9rc lhan 80 per c!nt. B. ie2soo
Of the fall in interest % U. S. bonds to PEI
ceot. acd the tendency to rtpudiatG honest
public obligations Of other s1:ts. the turn is 10
favor Of land, which docs not lua Away, Gld
which producers coupons every year Ct from
four to six per cent, alter feeding Ice Pre-
ducsrs, and kroWs 90 shrinkage Of values 10
this region, which looks hopefully forward 10
| the great growth of the cities at toe head 81
| tidewater.
By decree Of the Ciicui. Court the house aud
lot 90 Fayette street. just belo9 the Naliona!
| Bank, sold for $Sl7. 1t is O one story s,.uc-
| ture of brick, AID has fair stabling, ard TIE
lot contains perhaps half an acre it reots
DOW for SS4 per aunuu. Perhaps 800 will
put j! 10 order, aud hen tho rrofit will be 9
per cent, less taxes 81. 50. CT clear Income CT
| ST. 10 per cant, aud With insurance eff, OF /
per cent. This property, about 1882 sold ct q
court sala for $685. and two years ago fer
| 81 900, when it was 10 Mica condition.
| Mrs. Mary f.. ksighn has sold lot 81 feet
| front, 90 north King street. aud running back
more than 200. to G M-. Saunders, Tor $3.50.
He intends to build house. This LOT il 10 tie
Deary extreme noIthern part CT Ike t0Ta, and
half nile from the other lot. There is not q
vacant house 10 the tow. Our great advan.
lage Of free water from the b5dfants and
! pumps, situated tTo oC every square, makes
Leesburg o very desirable place. Oar ttx.s
are, State so ceGts, of which 10 is for schools +;
county AID district tax for schools, If cents !;
orr county levy, cents. loeiug II per cent OF
State revenue y roads 10 cents, (2O per cent OF
Ststo revenuc,l aud cur borough tex 50 ccnts,
which clears our debt of $ll coo away OF the
! rate OF 81 GOO per an1um. Our totai tax is
therefore $l.3O. Bonds owned by citiz,us of
| the town bring clear interes. Of 81 10 per
! 500. or I 10 Of one pr cant above Uoted
States bonds. The tendency Of taxes is dowo.
ward, they Daviug decreased canta on TIE : loo
Elthin four years. i:o irXeS in the other dis
triC,s OF rho county arc Somewhat higher tnap
! the Ln:ada pirt OF Lacshurg mas list rioi, EAR;
'Gk from % 49, @l - > - a-;.rtre p.rt".
are DOT our p.vpc {, lucky people No ccu5 ;
! Gekt, and the toWa debt IS only Sll.nGJ, bear.
lnv o. 500 3hA "a all iat.g... .a.,.c, CT
about !: : :,.'i ccut o. ne whole ~. or q little
over y per c;n: ou &c rally assessed 1t
1880 900. The tawD osn9 real estate e. tho
value u 81 600, and SO. 900 10 W. {; @. r.
4. s!tck. and s. 600 ia preferred stock Of tho
LHrsturg and Acic Tarrp!kn CON- go. Our
,
tEnk he authorities don't waot to borrog any
n'e1ey, but when they 60 they stand chance
It gnttiog it at less thar six per cat.