The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1893-02-25
7HH TROLLHY'S WORK.
How 1t Has Developed
Realty in the West
Prospects Here.

the purchase of the street car lines OF
this city by an energetic company will
work the same changes that have been
noticeable wherever rapid transit systems
have been operated.
Rapid transit to all parts of the city has
been promised and spectators are
anxiously awaiting the time when the
new company will take control and
supply this long felt want. That Jersey
City is behind the age SO far as surface
road facilities are concerned Is an ac-
knowledged fact. 1t has resulted in the
slow growth of the city's population, and
has had demoralizing effect upon real
estate values. In the West, rapid transit
has been in operation for years, and its
effect for the Improvement OF cities mas
been most remarkable.
Sc. Louis has developed the possibili-
ties of the trolley syssem to the furthest
extent by the successful use of enormous
vehicles called palace cars. and also ope-
rating an express and mail system on one
of it's most important lines. Duluth,
Denver, and Omaha have tried the
trolley system of rapid transit and
found its operation success, attended
with good effects upon business. real
estate aud population. This city has
now been given taste of rapid transit,
and its peculiar, expansive consequences
| are being felt. The extension of the
Montgomery street lines means the build
| ing up of property now unimproved and
| lying on the outskirts of the city. and
also the pushing of the building limit
| furthet and further from the old centre,
| viz, lower Jersey City. Everywhere
| quick transit swells the cities where it is
| in use, and the same effect will be seen
here.
HOW IT WORKS.
An insight into what the trolley system
t,F elf has ri and vcy lot
| can be obtained by using St. Paul and
Minneapolis as examples. The electric
cars of Minneapolis run upon 130 miles
| of tracks. aud the electric service in st.
| Paul is 100 miles ia length The cars are
OF The most modern pattern. large, with
| wide platforms and great plate glass
| windows. They are so managed
that they always look new aud
| clean. This tidiness and atJrac-
tivenes5 is an important element in
| the successful conduct OF the business.
| Here, in this city, the clean and cheerful
appearance of the MONTGOMERY street
| cars mas develoved g host of patrons, who
never before would ride on the untidy
horse cars. However, this feature of
| latter-day street raiiroading is of trifiing
| importance as compared with the swift
ness that is obtained by the use of cleo
| tricity.
| The trolley system of rapid transit is
which are ten and half miles apart to
| weld together. the cars used are run at
| the rate of eight miles an hour in the
| city or twice fast as q horse car, aud
on the outskirts speed of twelve miles
| an hour is attained.
THE LINK TO NEWARK.
Now speculators are longing for the
| time TO come when the mucn talked OF
road between this city aud Newark will
| be completed aud put in operation. The
| operation of this road cannot but be at
| tended with remarkable results. The
| two cities are bound to reach out toward
| one another. This means new buildings,
| new streets, new values on real estate
| aud complete revolution of affairs,
| throughout this city particularly.
Business will be benefited, and in the
| course of a few years property owners say
chat it will be a difficult matter indeed to
! tell where one city ends and the other
| begins. The almost marvellous effect
upon business and realty in other cities
where rapid transit is given has awaS-
ened property owners. and it is not
at all probable that the new
| company will meet with objections from
property owners whenever an effort is
made to improve the street car service
| with rapid transit, no matter what sys-
| tenn the company proposes using. Any
| thing will be preferable to the slow coach
horse cars which are now in operation.
1 THE NORTH HUDSON L.
| The North Hudson County Railroad
| Company has entirely abandoned its sur
| face road from the Court House via.
| Oakland avenue to the ELEVATOR, and
| officials say that travel has been much
| heavier over the electric, elevated road.
| The effect of the road has also been mar
velous. Property has advanced in value
all along its line.
| just at present the transfers show that
speculation in Hoboken property is much
more active than it is In Jersey City
realty. 1t is also a noticeable fact that
| values on an average are higher than in
| this city. The activity in real estate in
Hoboken is due mainly 60 the improve
ment of the street car systems.
Transfers.
Ann and Gustav Fischer to Marie Karstner
for $500, lots and in block g. North Bergen.
| Wisconsin Jackson to Mrs. Jane Smith, for
$500, lots SO and 35 in block 531, on the north
westerly corner of Oxford and West Side
avenues.
Henry Byrne to the Manhattan Laundry Co..
for $4,000, lot 10 on Railroad avenue and lot 90
on Wayne street, in block 434.
Phillip Tumulty to the Manhattan Laundry
Co., for S4500, lot II Railroad avenue and lot
IS on Wayne street, in block 434.
Mary Cana Leonard Kemp to Enoch Palm, for
S. 400 property on the souJherly side Of Clayton
avenue, 81 feet from John street in Kearney.
Mortgages.
| Manhattan Laundry Company to Henry
Byrne, on lots 10 and 20 in Block ABA for $3.50
| Manhattan Laundry Company to Philip
| Tumulty on lots II and 18 in Block 434, for
| So, 500.
| Enoch Palm to James G. Mcdonald, on prop
erty on southery sido of Johnson aveuue. 81
| feet from John street, in Kearney, fer 5 1,O09.
Hermann Walker ct al to Edwin w. Grittop,
on lots AZ to 80 inclusive in Block 2 and lots So
| to IS inclusive. in Block /, for $4,000 Property
| situated on Bellevue avenue.
Anna Spaeth to Hudson Trust and Savings
| Institution on parts of lots 2I % and % in
Block on the northwest corner of Grove street
and Paterson Plank Road, for $500.
Building aud Loan.
Tho sixth year of the Erie Association prom
ises to be a successful one indie I'd The associa-
ton is now upon solid financial foundation aud
is paying large dividends to shareholders. The
officers are Stephen H. Horgan President; Ar
mold j. L'Hommedieu, Vice President; John
H. Freeman, Treasurer; Patrick Nc
Ardle Chairman of Management Board.
Last week new series was opened and nearly
one hundred shares subscribed for. No money
was sold at the meeting. The new officers of the
Excelsior Association are
William D Reynolds, President; R. Brown, Vice
President; John Trail, Treasurer; w. G. Nelson,
Secretary; Directors, j. ]. Bundschuh f. w.
White, j. Herman, .. Hussa, EThorp, is. O'Con-
nor, A. Wertage, j. T. Villipigue, A. Craig, T. G.
Mundy s. Crane and H. F. Reinhard. The
tenth annual statement showed that the receipts
were SIS, ,S00.18; profits S9,05i89.
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