The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1888-11-23

presl1ent C1ev ,lnnd's suharhan vllls. a.
View. - he r1nce1 IN the Msrket. nna
WIN Net Ilandsosne Pront On tlse Ia
vestmsnt -secressry Whtsasy's Prsnts
On 0rs>a1an'ls.
WAsuIxoTox. Nov. n Real estas.
agents are lust now greatly agltated over
The report that the President Is nbou. 10
ofzer bis country villa Oak View. and ali
the land attached % IL Tor sale. Within
the past few days AZ least score or them
have attempted 20 interview the Presi-
dent on this point and several OF them
havo succeeded IN getting m expression
Of his views. They can BE- purchased At q
good round Azure. Nearly every agent
IN town has notinsd the President thas
should he wish 20 sell. he has but 70 say
%. and . desirable purchaser will Il once
be found They all real.xs the advantage.
In tho way Of advertisement 10 be Sc.
cured BY placing the Presidents proper
" upon their books. Though nothin; has
vet been DONE 10 can be stated thai
Oak View will b sold before next
spring, and 1t handsome profit on tie
original investment Several gentlemen
Of means are just now paying attention
doubt secure Il when the President va
nugurafion Of General Harrison. Tie re-
port has been current here that an agsat
Of tho VanderbiIsE u now engaged In
looking over Washington real estate Win
view either OF purchasing house Or !
building site upon which TO erect resi-
donce. Rumor has II that this ar.nr.
has made trip TO Oak View with the idea
Of buying Il for his clients, but the story
receives little credence. for the reason
that the vanderbilts. II they really want
. Washington house. are believed 70 de-
sire distinctively wiuter residence. aud
not = suburban villa
A good deal Of curiosity has been ex.
pressed as To the value which the Presi-
dent sets upon his place. He has init.
mated that II will take at least SIS, o)) TO
buy II and there Is no doubt that II is
worth every cent Of that amount This
sum, however, represents 200 per cent.
proht on the original investment The
President pail >2i5)9 for o * View when
IL was hardly more than an inclosure o.
unimproved suburban land. H, is said
20 have spent nearly 49, 900 in this work.
and the property must therefore, repre-
sent an outlay OF at least so, 900. Since
he purchased the estate. Iaud northwest
OF the city has advanced In price with
great rapidity, in some quarters doubling
in value IN q single year. A piece OF
property embracing nineteen acres. adj
joining the Presidents place. but not SO
eligibly located. was purchased two years
since by Gardner Hubbard for 81. O0l He.
has since refused $1,000 for l. Lind all
about Oak View isvalusd ut from twenty
to thirty cents square foot, and the Presi-.
dents place. fronting on the four roads
that will be boulevards In the future, Is
particularly well suited tor subdiviiing
into building lots. I: embraces thirty
acres. which, at thirty cents per square
foot, would amount 10 nearly <f)o.ooo.
Secretary Whitney purchased his hand-
some place. Grasslands, three years ago.
for $50. 900. II embraces hundred acres
A year ago he sold TO Washington syn
dictate twenty acres for ST.. 500, ami short
" afterward he disposed OF the remain-
der. including all the improvem snts for
81. 900. 10 Colonel X Hannewcii, cot
ton planter OF South Carolina thus
clearing $50 900 on tho transaction He
now leases the property at a rental Of
$4,000 per annum, but will vacate Il Ia the.
spring.