New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-10-09

| cago. having drawn all the money from MS pahK
accounts
FRENCH'S HOTEL SOLD AT LAST.
THE PURCHASER SAYS HE HASN'T MADE UP Ills
MIND WHAT TO DO WITH 1T.
The leading attraction at the Real Estate Ex-
change yesterday was the partition saie Ul e Pnop
erty at the northeast corner OF rnhs Hotel
Chatham sts widely known as frencns hoteI;
Yet the attendance could not be called large ana
there was little competition for the properly T.:
II. Ludlow 81 Co. were the auctloneers ' 81
bid was made by one of the French DIotheIs at
$500 600. William l.. Hamersley, Ie"l os'h ~
broker at 5l2 Pine-st. raised the sum tho 10
$3.50 900; the next bld was @ tSe ppoperty was
Knocked down to Mr.. Hamersley for $500 900
The property was bid in Oh April 8. lSo1, lof
81 O 600 by r. j. French, one OF me helrs OF
Colonel Richard French, who bought II from ' ogo
Simpson the builder, for $500 600 many years ago,
When Colonel French died III Io,z l. .. tioa
& Bros: his sons, ran the hotel for some tine
Then w. G. Sticke took control OF 1t ana easeu ~
at $40, 500 year to +. j. French. The h0tel ma
been closed since July 81 loS2 because Oh hu{id
ing seven stories high with afrontage on IN
st. OF 13 feet 10 inches and depth OF 49, ieeI,
inches he rear measurements being 10Y rect lnches
by 124 feet inches Part of the property Is et OUT
as stores 1t covers. NEUTRALITY-SUSPICIOUS. SIN Guy
lots. 5o,,,,. o..
Among real estate men there was some DOUBT eX-
pressed whether Mr. Hamerslcy was the real pur'
chaser. One broker who was present M INC 5hIc
thought that the bidding was not spirited anu lhi9
he!auctoneer did not dwell as long on the last bld
as is usual where so important parcel OF realty Is
under the hammer. The referee, stephen A. W alker,
said that he knew nothing about iho
R PomtGf except Pnd 'P Pad 9 $iooo6 down
according to the terms of the SAFE:
Mr. Hamersley said TO a TRIBUNE reporter:
Il he property was bought by w. l.. Hamersley.
who is talking to you. | don't Know what l shall
do with it. may run il as hotel or turn IL INTO
an office building sell 1t again. L haven't nlade
up my mind; I've only owned the property three
hours. | only know that it is good location ana
! that downtown property IS gold Ill, :. H.,
Mr. Hamersley spcculates considerably IN do"h-
town business property and IN tue last rev years
has made some heavy purchases aud sales OF Broad
way and Pne-st. property.
story brownstOne house, No. East Forty,iiitl-st:
20 by 65 feet The lot 100 feet to George H. schicG-
| fein for $4,000 cash.
COMPLETING THE WORK AT HE'LL GATE.
TIE TIME FOR TIE EXPLOSION POSITIVELY FINED
ron IL A. NJ SATURDAY.
General Newton yesterday received ohclai notlh-
cation from the assistant engineers IN charge OF me
works at Flood Rock that they woald he ready Tor
the explosion a: the day and hour previously cacn-
! lated upon-1l o'clock tomorrow morning. me last
remnants of the machinery are beng removed on
! the island The pumps have stopped aud to-day
/ the two twelve-lnch syphOn pipes VIII be sci al
| work flooding the mine. The water acts as the best
posSib!e tamping for the explosives. tcOnneS each
/ cartridge to the work of shatteIlng the rocks
! Immediately surrounding II. For the same reason,
and also the score of greater safety the honr OF
/
| work that keeps the loose stones when form a
large part of the island IN place, VIII be removed,
and the stones moved below hlGh.~nter mara 80
! that there will be no more tiylng fragments than
| necessary After all the preparations have been
| completed the acid will be poured into the bat
terieS and the rock left TO ITS fate; lhen me de-
nres,I0n of KEY over on Hallctt's Point will close
! the circuits the white hot platinum wires VIII
ignite the cartridges, and rock and water viii go
up III enormous column.
The police nave made extensive preparations TO
keep the expected crowd OF spectators IN order
though 1t viii be impossible for those on lahd 10
get dangerously near 10 the rock. Prom seventy
ninth-st to e-hundred-and- fftecnth-st on the
New-Yo.k shore, line Of 800 policemen VIII he de-
ployed under command of Captains kllhlea,Niunnc
Island will be guarded by 100 men under Captains
Cortright and Clinchy ana tire unfortuuateS on
Wards Island will be protected from the mon OF
sightseers by fifty men commanded by captain
Mount.
The following notices were issued yesterday:
ENGINEERs OFFICE, L. :. ARMY, }
NEw-YoRK, october :, lS-j)
Notice hereby given by the authority and direction
on the East River the nOrher point OF lldck-
wells Island and the pom. 90 W bs
blowing up OF the rock known as Flood Rock when WIZ
aSe pace Oh Tes Wv. Viii Se allowed To- pass b.
tween the points named, from 1880 n. ID. 10 u
A. H. on the date named, and patrol boats under the
command of officers OF the Navy, Army and Revenue
marine viii be stationed at the places named that there
may be no occasion for gnorantly violating this rcguia
ton Persons dsregardng this notice will be liable FOR
loss of life property through this neglect After the
explosion vessels should the space occupied
by the reef until it has been sounded aud buoyed
Chief Of Engineers, L. :. Army.
which the pasering IL supposed TO be defective ana all
large halls be vacated at the time OF the explosion.
slant No other damage to he and property "a cou.d.
be probable: The Gordon OF patrol boats ana 81
be prudent not TO neglect JOHN NEWTON