New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-07-22

surprising that New-Jersey should ever have been
selected as a suburban residence In preference TO
II. This only be accounted for by the short
sighted policy pursued by the railroads traversins
this section. 1t is only few years since the rail-
roads have afforded facilities for reaching the lower
part OF the county, and these have only been
granted after continuous pressure from people Nv
ing along the lines OF travel. The roads begin TO
see the importance OF the local traffic. and are now
making large OUTLAWS to accommodate It, In
short time real estate men will realize that some OF
the surest and most important real estate specula.
Sound and the Hudson River as laT as peeks.
Yonkers. New Rochelle, Pelham Manor. Larchmont.
growing rapidly As an instance Of the apprecia-
ton OF property In this section. the Astors have
Of Vest che.e at the price Of an acre The
railroad there has realized the importance OF
iivaie It. It viii not even grant family sxcSr.
sion tickets as some other roads In THIS state are
for thereby building up slm0 ss s"s
FOR many o miles sendnR anyhnS BY
a to az "S or Port Chester
II I'd the railroads should cultivate their suburban
business as the New-Jersey roads are doing. the
s s Second wDdd ASenne Elevated Railroad Nowt
standing the want OF facilities the country IRON
up rapidly with beautiful dwelling places. and many
improvements are IN progress, sucn az gradhg ana
macadamlZlng
In the matter of private sales the last week. al
though the aggregate Is nearly as large as In the
preceding week and almost double the results Of the
corresponding week Of last year, there Is little
worthy of mention except the extensive lot pur-
chases already referred to- The total private sales
Of last week aggregated NSWo, as compare
with s.. 10000 for the previous week; During the
corresponding week in July 1894. the total was
S76l $40.
There was perceptible falling off In the number
and amount OF recorded conveyances last week as
compared with the corresponding week last year.
tota al nnh er M recorded
246 OF which III were nominal the remainder
being represented by 22639lt while for the CORE
spending week OF 1894 the transfers numbered 301,
OF which 123 nominal the others representing
investment Of S.O3l.92l
In the Twenty-third and Twenty fourth wards
there seventy-nine transfers OF which thirty
seven nominal. the others showing a total In
vestment OF $l5554 against s2S0676 for the corre-
spending week In 1894 There was no decline In the
rate OF per cent yearly Interest which has been
the average rate secured for some weeks In fact,
the amount Of money lent last week was greater
tran In the corresponding time In 1894.
There were 3lS mortgages last week, involving
H4s 932 against 329 loans. representing s. 56733 In
the corresponding week last year.
week thirty nine pans for new structures. repre-
sentng $3.50 $50, against fory-s ven new building. to
cost 1894, $50. in the corresponding week OF 1884
trustee to President Henry W. Cannon. OF the
Chase National Bank the four-story brick and
brownstone dwelling. No 2Ss Madison-ave.. z5x95.
about $4,000
J. Hartman has sold, at about $4,000. the four
story brownstone dwelling. No. AZ West Fifty
eghth-st., 25xSOxl005
j. NJ Smith has sold to A, W speir. at s43. 500 the
sixth-st.. %. 6x65xl005.
Case & Farley have sold for Edward ]. Coppers.
Thrd-ave. 500 feet north OF Fast Onehundred-and-
Sixty-ninth-st for $500.