Omaha daily bee., 1883-02-24
Away. winner. and the growing appre.

always winner, and the growing appre.
citation of ali his properties, he must
out Of his sheer savings from his In.
come, be adding millions every year to
his already enormous fortune. Van
derbilt is said by those who know him
to be very doll and stupid, by no
means the equal Of his father In those
qualities which enabled TIE Staten
Island boatman to ibecome the great
steamship commodore and finally rail-.
road king. But he has all the plod-
ding ~ssgacity that enables q man to
hold on to what he gets, and he has
surrounded himself in the manage.
ment of his great railroad interests by
the best executors and advisers.
Should he live 80 long al his father and
be succeeded by another Vanderbilt OF
the same kind, 1t is a curious specula'
ton as to what the Vanderbilt fortune
will amount to, or perhaps rather
what tire would be, at the end OF the
third generation, left for other peo-
pie. Yet IL Gould were twenty years
younger, it Is within the possibilities
that he might easily distance Wander
bilt before 1t came to his turn to
8 art for that land where earthly
wealth cannot be taken, for he, with
all the money-making qualities OF the
first Vanderbilt, has reached that
point where the millions roll up OF
themselves, even though their pos
SCISSOR be q fool or an idiot. Admis.
mission to the picture gallery in Van
deroilt's new house, on Nifth avenue,
is to be had on two
afterwards In the week, by
previously writing for tickets OF
admission, and is awaited of by people,
who do not only want to see tho pic
lures, but to behold for themselves
the inside of the house of the great
millionaire. Not much of 1t is to be
seen, however, but what there Is Ia
very fine and costly. The California
millionaire, Governor Stanford, quiet
ly occupies Vanderbilt's old house,
having his office In Mills building
the erection Of another Oalifornis
millionaire, who, since his daughters
marriage with Whitelaw Reid, has
bought out the mortgage held by Jay
Gould on The Teibune, and taken the
paper founded by Horace Greeley into
the family.
The estimate cost of the structures
for the erection of which permits
We're given during January Is 81 ,096.
$40, which Is more than twice the
cost of the buildings for which per
mits were given In the corresponding
months OF last year. If this proper
ton holds good throughout the yeal
there will be $75, 600, 900 expended
on new structures in 1888. Last yea
Q, 561 buildings were put up, at q cos
uf $44, IT'S, $50, and it'is thought thu
number will reach 1000 this year, 81
great Is the demand. This sends ~
the price of real estate and makes
strong market. When the land OIL
which the Drexel building at Wall ant
Broad streets is situated, was purchse'
at the rate of Gid, 000, 900 an acre
1t wal thought the highest price FL
several years to come had been reach
ed; but 8 ince then land In Broat
street and exchange place has brough'
SIS, 900, 900 the acre at that rate. MI
James r. Keene, who has the notion t
emulate D. o. Mills In the erection o
q downtown sky palace for Offices
has Just purchased half q dozen lot
on Broadway, Broad and New streets
at . figure which will make the rate
little over Sig, 100000 per acre. YET
Notwithstanding the erection of g
many offices In the air, office ROOF
continues to advance In price, an
there are few that 60 begging. VI
town, apartment houses In brick an
terra GOTTA are the fashion, and the
mount skWard also. A new apartment
house on Twenty.third street Is to b
twelve stories In height, and . doze
otheru whose plans have been approve
are nine and ten stories each. Al
they safe in case of fret By n
means; but the cost of city lots an
the faahion of the hour demand tn;
! style of building, and the people VIII
? elect to crowd Into the narrow spac
between our two rivers must be cor
tent to take their chances.