New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-05-02
THE SITUATION IN REAL ESTATE.

THE SITUATION IN REAL ihhH'
prohablv the Iinclement weather this week had
ometbne TO do with the dulness of the real estate
market Little business was transacted at private
sale and the auction sales were OF no especial IN
norfanee Yet the quiet in real estate circles Is
P ~; dne to the general conditions of dulness
which rule all the markets, broken only oy ocea
sonal 6tfu spurts of liveliness IL is an unpeasaU
70 record but the majority OF dealers incline 10
snnport it, that where sales OF property are 70 De
made concessions in price must be MADE ihquiries
are scarce, and wOuld-be buyers are h9luing oil Ia
axnectstion of a decline in values. The result Is
that brokers complain of duness, but, fortunately
for the market. holders do not seem CohpelIedd "
nress much desirable property on the Market
fhere Is nothing to warrant a long continuance OF
starnaton in realty, and hence property nolders are
10th TO sacrifice their holdings. As one plOen
why people should sell their property at ruling
,'rees Init when sales must be made they can De &C
complished only at prices below the real Vaiue Vi
The reaity.r OF course, there are some localities
like Murray Hill. where full figures can be Obtained
and mediumsized dwellings, are always III goou a ue
rnand but builders who have Put up houses or mats
in homes of a good market have TO sell thenl al a
good deal less than the prices they expected 10 re-
ceiye. s;,a M oi.or;o,,
of the value of houses and investment business
prpperty The chief feature brought, OUT was Tue
f,yht demand for Riverside lots, ana also tne de-
tar,ninatlon of owners not TO let them 90 at sac
rifce. The sale at auction of Nos to II Broad
way RAINING through to the same nninPers so i
nnder foreclosure which did not change the Vrtual
ownership. Next week some desirable properly
will come the market AT pIiyate sac 10 6oI
monico. at a price between $40, 900 and 10000.
Mir Hamilton was the builder No 10 west Ihlnr ,y
njnth-st was sold by Il. H. Ludlow ~ 90. 10 MIS-
Riggs for about $50 900 to $4,000.
Philip Drummer has sold the properly at tne M
west corner OF FIfth-ave. and Ihrteebth-sI 10 W.
j. Denorest for 100000.
ELEVEN JURORS IN THE SHORT CASE.
While Captain Phelan sat in the District-At'
torneys office with his pistols se IT, The
Cont of Over aud Terminer. Charles Il. Knevais.
a coal merchant thinking that he would not pe
Rossas Office became the second juryman after hall
q dozen men had declared themselves loaded down
with bias. John A. Wustilch IN tne ire s ia
of the panel vino bad formed such an opinion OF
shorts guilt as would require strong evidence 10
remove it, that the selection Of ]1iops ProGeSae"
Blakeman a. Co., became the fourth luIyman.
Charles J. Evers, painter Bernard Mailoy; dd
who had read nothing about the shooting, but had
heard of IL, made the number OF Jurors seven
Robert Jackson tobacco I Sealsri rsv gentle.
man.; Harry Nj. Munsell. secretary OF the w yom-
ing Central Association; and William H. Woods a
broker, completed the twelve. Foreman Meyers
and Mr. Brakeman we're then excused and Ber-
pard Fitzpatrick became foreman. Mr. Brakeman
place win be filled ON Monday AT p mi T heen
called, and all but thirteen had been found want
ing Captain Pheap will appear in court on Mon
day, IL Is expected
MRS. MENTRUP GIVES UP HER CHILD.
Anthony Meutrup, of Brooklyn, in July last In
herlted ST 600 from his father. lie aud his wife
were living separately, Mrs. Mentrup being dress
maker They have daughter, Annie, eight years
old. She had been living with her mother. but Mr.
Neptrup. after he received his property, pro-
nosed TO place 3D. 900 of his fortune IN the hands
ri guardian for the child, the income 10 be used
for her education and support. Mrs Menirup con-
eepied. and George H. Knacht was appointed guar n
dian. Mrs. Mcntrup was then living az NO; zoo
South Oxford-st Mr. Mentrup placed the chlld III
fbe Academy Of the Sisters Of Christian Charity
M Niikesbarrc, Penn. fitted her out with dresses
and paid her board to June next On December ~
Mrs Mentrup went to Niikcsbarre, represented
fixt the childs grandmother was ~, and that mel
euardian was wiling that the girl should go te
Brooklyn with her 10 see her granddaughter. MIS-
Mertrnp took the girl home. Mr., knaeht then
began proceedings to recover the child MT
heutrup died meanwhile. Yesterday the case was
settled Mrs Mentrup agreeing TO give up Ahnie
TO her guardian and 20 allow her 10 return to
WiitesDarrc. Mr.. Knacht departed Tor that piao'
Yesterday, taking Annie with HIM. Dshlei d.
jn,ter roprsseAl ed Mr.. Knacht in the proceeolngs
ND n. T. Beliamy appeared for Mrs. Mentrup
THE wINANS DIVORCE CASE
Stephen r. Nash las recousidered his announced