The times. (Owosso, Mich.) 1882-1897, 1882-05-05
OUR NEW YORK LETTER.
New YORK, AfRlL "A, 1889.
Our Own Correspondent.

Ne" AoNNs hrkiL t14s 1907.
DECLINE AND FALL OF THE STEWART
DYNAsTy--How OUR VILLAGE CROWS
RELIGION AT AucTIoN-A REvoLU-
TON IN CoFFEE-swIFT SWIMMERS
OF THE sEA--A sENsELEss MYSTERY,
WITH MORE MISERY REVEALED BY 1T
VANDERBILT PREPARING FOR HIS
LATTER ,ENp--CANINEs CONGRESS
FoREsr FIRES ON OUR sEAGlRr
SHORES - - e
The event of the week has been
undoubtedly the announcements that
Stewards great dry goods house has
determined to decline business.
Judge Hilton says he's tired Of it.
1t must be fatiguing to handle such a
number of mills, stores, &c., &C., as
are comprised in the vast property,
and the competition of rivals was
bound to keep all concerned with
their nose to the grindstone. The
war with the Jews has no doub; been
also tiresome. People generally say
that the house lost q great deal Of
money; Judge Hilton says not. He
ought to know. @
Another interesting thing is the
announced sale of some 1900 lots
belonging to the Jumel estate, which
has been the cause Of an immense
amount of litigation. 1t is uptown,
but New York is growing SO fast
900 new buildings with tax value
of 10000, 900 having gone up since
January that that makes little
difference. And such palaces as
are going up, tool They are not all on
Fifth avenue either, by long chalk.
One block on Fifty-seventh street is
probably handsomer than any two
blocks of the avenue, and if you leave
Vanderbilt out, there's probably
more wealth in that block than in
any other ten blocks in this or any
other city. 1t is wonderful. No two
houses are alike, and all are adorned
with lavish richness that would
seem more suitable for the alters of
a cathedral than the outside of a
home. The price of the cheapest is
considerably over 100000.
There was funny incident at the
sale of some pews in Grace (P. E.
Church the other day. One sold for
$4,000 subject to ground rent of
$78, but the first bid made by a
speculator in hurry was $500, and
he then remembered to ask, even
can We get possesshun?" The idea Of
the little Jew broker trying to buy
pew in that very aristocratic Christ
ian temple raised a roar of laughter
amid which he subsidized.
The latest wonder OF marine
architecture, the Alaska of the Will
Jams and Guion Line, has beaten all
previous records in her trips both
ways across the Atlantic, and has
made the passage each time in a
small fraction over seven days.
This is splendid for mailcarrying
and for people in a hurry, but it is
expensive. The good old National
Line manages to make money by its
enormous importations Of steerage
passengers, and freights or exporta-
tons. The manager here, Mr. +. w.
7. Hurst, is the terror of his rivals,
for he gets the bulge on them in
business every time. When all the
lines get in a comfortable rut, he
bounces them out of it. He gets
special rates from the. railroads and
gives special terms for freight. His
ships are always full, going and
coming. Some of the others are not.
Freights have been ruling low of late,
and the lines have offered to take
grain as ballast free. Mr.. Hurst saw
this move and went better. He has
been paying for his ballast. For
bringing cargoes in good condition
and for safety and comfort for
passengers, the National Line is
unsurpassed. 1t has never lost
ship or life.
Have you had any number "a or
ar This question you might hear
in almost any circle in New York
and I'll tell you why.