The sun. [volume] (New York [N.Y.]) 1833-1916, 1884-05-18
RxAx EsrArr Arrrs zus PANIC

HEAL AsAA1E AF1Hs TIE PANIC
a H..... .... r.,.-.. -, WIN :. s.-....s.
sass Assss The F'ssvss
Tho real satnts market. although . little
sm.r. =, W.m 49,. "a. s,,e :" ns~". =, s sH
-. ~, IA 1870. .'". .". ~ \" ho.S.,, Az.
the results will be permanently beneficial,
Tps 81 On tn's sup'oo' S0s'eroAs' A1. sonn
H. .. smvtn ssid;
IN. depression Is slight. II any In afsw
~ ssses .ne 0omple.on ol s"'e" nss Deen ae'eyeo
oy suspsnsions OF banks and bankers. But
OF Doyers resdy 70 invest IN good property NO
upon tho market BY owners lik. James D. Fish.
ward ana 1t the Grants; who Will DO compelled to
%
W.. q. 49, Az n .I ~. w. ~ Ss :. a.. s.u
In = DAY. and cannot depreciste to any extent
without warning. ! think the rs.ult viii b
large number Of buyers viii lead to a willing
ness 20 ooy more readily ana 1858 disposition
10 wait Tor lower prices. Among my own
~, n NO 'es' Tu" , 10
amnia ~ Sis or shnsH Gu" s W Snrtuna Sss
isrrsv mads nv 9~ysstmsntS ~ real estate was
e elias q property that VIZ nm
HoePie&y pe ansctsa Dy We 9nnS' Sm1 unsI
where the PRINCES have ySd Msnv
hsva "A th.ir se,rUs ont IL ta strast mai AZ
lower; some q ths builders wili % sausht On
%s sfss sppy 1 bs oDs enough 10
o,hsE M tS & 20 10
invest lasaev ~ rsaI sstte nnId 81 sec,sitv fop
loans which: IN the pressn. strI..sefncy q ne
theae he a" cnn,ns nias sh"uIH ~n una.s thsss
wouia hs vsry srns bocRa o S resl s, ru
failure Of the Globe the Consnen.a the Raek
miles q propsr.y But nS!hiSs q tie kis s 6ss
Of real ssf y thai have "a vet Lasn forc"I to
sale Sy .Ss psais law ~, .,o o Ss'a - S,
gs that also sest G the y sss
sss: ri: has 6sen notlcsd Tor ths past SIsG 8
teen Mon r. , ana me 1ehoehcy oi th' p"h'o
as0 SsI That tho o Az business
pseh hS s
oiiees IL w past isy !esTs has lea % A. mex, OK
thn dS S %bsb thSv sre s vii
also "a dSepreciate; h,,... 49,. ,o,, =, ao-
m,nd nnd te desire 20 nSrchsse tSem s on
the increnss ior permanent perm. Investment People
FL $sis tn.
create sotiyity in the real estate markst DO
apEn me mafxet 1eeausc ssoca 1pesasos es bo
uo ~ nrcss IN rai asate are loo allow for
most specuatcSs. ana the smouut Of capital is
e ep do not not mink there has 6een any
mas Deon loaitny. sVeaoY oeManu. whIen VIII
BE- increased . There h.. been good DEAL OF
Pr4ysd property ~ new nisn enoISh 70 pc s1ia:
MINK th1 reC9au q ns ~ IT, 80 ssns s
w shSS All, nas "na'
The among real ss.ass t me9 y e mi
benefit rSal estate q means 81 aaie invest.
nennIa Who nave trusted their money out. and
es disposiIioP q have The Sira i hand rather
o. % rss
estate thrown upon the market. but how much
W. Many nv pecpss during the past six ar seven
h:is 70 New aoGf * peSa aey
nnssht ~ ~. wh;r,wini and tha ch~nces nre
that some Of them viii have to soil out their
q IN is ana es
pisasy 70 e Ss$ o. ars.-s /; S,rHesrty; me
sn q there r. Already manifest desire 10
sell that Eisd q proDs;tS ..., ..,.,. ~ .ss,
nj nres"nt h tSs Ssansnd Tor Sousss heiHw
Tvsnfv.third street. This NAV he nceounted
for by the TACT that the old New Workers who
thniy neW quarters ' and strange NEGOTIATIONS
They do not recognize their native city up
thsv have be9nn 10 look for homes down
town and are rspopuiatipa the district be-
tween Washington square and Twsnty-third
arnm nj Gramercv park and the SQUARES. This
IL in1iicstsi by the new dsmand for real estate
| in these 0uartsra The pioneers have q OF tired
| can now buy q house below Twenty third
soIs eor AZ M to al IN, sbovs ffistH strest
| and the tcn1fency Is ~ upward prices down
town The movement 10 much the same az