New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-16
OTERBOARD From THE JNBRlA
ASCHER WEINSTEIN DROWNED AT SEA.
TRAGIC DEATH OF \ wELLKNOwN REAL ESTATE
DEALEE-IlIS LARGE OPERATIONS
IN THIS CITY.

I'mhria. Captain Mckay. from N"w-> orK' 'I'L'
:. for Liverpool, arrived here N o'clock '"'
morning She reports that one Of her passengers
Aschcr Wcinstcn, Of no sos IeNnstoh-'''.'
New-York fell overheard from the saloon deck az
: o'clock yesterday morning. HE steamer WIS
stonped A. soon AS possible and boat went IN
search of Mr. Wcin,tcin, but he was not found.
II is presumed that he fell overheard ACCIDENTALLY
Half an hour before hc left his roommate ANA
companion. a Mr. Simmons, in their stat"room'
and was then in good spirits. Ills money an"
valuaLcs were on his person when the accident
occurred Nh Wcinstcn rcdl cStat" agrht.
Ills family arr AZ Long Branch. Mr. simmons
will return 10 Ncw-Nork on th" steamer Ltfurla,
which sails from this port tomorrow.
Men in tbc real estate business w"rc greatly
shocked yesterday when the news of The dca'h "l
,s,r.r W,ir.icin wa. received. lie did not have
many personal acquIintanccs In ~" real estate h'n
! hut hv name hc wa, widely and mvoriMy known
Abont two v,-ar, ago Nr. Wcinstcn appeared Tn the
real estate rnnriIct. No then know MN, but l.
was not many weeks before his dolngs were watched
lv every real estate dealer in this city 'lhs wa
on account Of the bold and daring r,urc NJ nj
o,4r,tions When hc first began TO buy real estate
tho older heads In the husine- were wont to wonder
what he meant by paying tho prices That BE- pal'
and bnyng the kinds 81 property that he h"u~N''
They soon learned however that what thcy l"d
,honcli 10 b. rcckr,sncs, waS shr""dne's 'I inc
most profitable sort. Everything that he tu'h'i
seemed 10 increase In value inm'E'Al'N' anu ~ "''
l,rc. pronis on his tran.action, The real estate
mon rho thought at first that he buying property
vitbout care or judgment soon began 20 follow m'
onor,tions and NJ, doings frequently hdh !i'of"D!'
or an adverse effect upon the market
Durin, tn. time oi If, extreme activity In me
real ,,tat, market b. han!lcd m'ny oi IN lATS~'
and most inlpor;snt r,al estate transaction, anu
f..rfx had
with mor. tran.action, than :.lmoo any other MAJ
f., that lin, Of bu.ib,ss n Is SAID iha' hr m-d' =
cr.o. deal OF noier and that n became the owner
Of large amour; of valuable and we'll pawn;
urop.rr,. SIR Woinstcn always appeared - hay"
prriy Of money. and he could pay cash Tor Il h'i''
or =, nuull.r Of vacant binding lots a; any uI" a
call was made upon him ior cash piym"n'. II
was said that he had some rich man behind him who
believed In tn future value OF r'nl property, Jnd
who md the utmost confidence In Mr. W'in'l'Ih ;
Judgment. Consequently be furnished Mr. N"l>'''H
with all Of the findS necessary for him To carry Oh
the long series Of bDd -Pccllatlons In RAJ r'tfr
which made him the talk of the real c-ta'e world
for two year Who tAis man was Who put mp tIe
money for Mr. Wcin-icin no found Ou'. ana h'
never wonld tell any one from Whom hr got his back
ing.
II was said yesterday that he frs began huoihr-'
a, "A clerk I'm Il real estate house and there hc look
the opportunity g. make thorough study Of ihc r.
estate of th" city. lie first hcgin business. IL Wa
learned by bidding Ia desirable pieces Of property AT
foreclosure and receivers ,alc> ana then selling on
hi, bargains al an advance of few hundred dollars
TO the brokers who would take them. Later hc be
came well acquainted with ONE man with fornn'
who let him use all the funds that hc needed 20
cary BIS business.
Mr. Weinslcin hal number Of partners, bu'
he never got along with them won. This WAS
due TO his temper and to the fact that Ia" lIhor'i
them altogether ana IA" hn-lnc,s OF ihr hrh
i'm hi, without consulting their Interests.
ON this account there were many changes oi partners
ms last partner ll1h,,lcr lIlin,-. and the
Office is n No. % Liberty IT., near The Real Estate
EAchang.. Mr.. Barnes had not heard O the irownlni
Of hi, partner until Tribune reporter Jaw nm.
lie was greatly shocked.
1T Is impossible for me to believe II :" h" cN-
claimed. and he started instantly for the ohic" %,
the Cunard steamship Company 10 scr II there h-l
been any news received there Of the accident. When
he learned that the report had been verified, IL" sld
that Mr. Weinscin left here upon the advice Of hi
physician 10 81 Carlsbad. lie tOOh - companion
with him whose name Mr. Barnes did know.
Mr.. N"in>tcn was thirycight years old. IL WAS
married and had several children. lie lived at 80.
sos LcXingtOn-avc.. but his family now h at Long
Urauch and the house Is closed.