The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-06-30

.sss~so, for IRE Renton estate. On wnsch
. han.asorus residence - soon % be
crested
..yya sn,d sor the Hon Joe1n Leary .
ssors Of Eve lots on Beacon Hs3l 20
..,sx,le o< Easseca gentlemen for S. 900. and
-. :, r.. same neisabuhocd for Gecrgs
" KfrnbaE ard wife to NJ H Young. this
-.r-knoxn CAPITALIST OF this city. who
-. doue 20 much 20 hras,d UP that hand
some section cf seAsdA
"waIser Graham. the old pioneer. has 1uss
nourh. Of MrA Martha George. through
M forty acres Of land adjoining hin nns
fam IN the eouak Slough valley.
During the past week wehave ooio TWO
Tote IN our Madison Street Cable Railway
ssa,t;on and one IN Drexel Avenue
Ee,rhta and yesterday concluded the sale
OF a lot on Rose street, north OF Madison.
ex-senator 3. c. Van Houten. formerly Of
Snokane. who recently moved TO Seattle.
and who has already had plans drawn FOR
n handsome residence. This lot belonged
10 Mr.. John A. Sleicher. editor-in-chief OF
the New York Mail and Express. who
bought considerable Seattle property
through us several years ago. He had
sofa out everything else at good profit,
and had this one stray lot left. Recently
he wrote. taking a very discouraging view
OF the situation, particularly In the West,
ana predicting that it would be several
wears before things would again assume
nrosperous condition IN this section He
requested Us TO sell his remaining lot for
800. We Immediately sold the lot 10 Sem
afor Van Houten for $500, and sent TO Mr.
Sleicher q deed 10 execute. In returning
the deed he wrote this letter:
1.-The Mali and Express. The Leading
Evening Paper. Broadway ana ST
Paula Churchyard.
New York, June H. 1898,
".Nessrs Crawford & Conover, Seattle.
Vash.-Dear Sirs: / enclose the deed.
which trust is properly executed have
more confidence now than er.before in
Seattle. This is a lot which I thought
would Weld me well IL 1t brought me 500.
ana you have doubled the price on 1t. This
is lust like you and like Seattle. This
money belongs 20 Mrs. Sleicher, and she
would like to have you invest IL for her
again. I am satisfied that you know more
about Seattle and the Coast than I do.
There is evidence that liquidation here
has been nearly completed. and I look for
a much better business year in 1896. unless
we are disturbed by the agitation OF the
silver question and the presidential tur-
rroil. We are on the upward grade, how
ever. and have touched our lowest level.
Whether liquidation on the Pacific coast
has been completed or not do not know.
Out TINS Is q EcCHpcidlANo
country. and especially SO on its Western
slope. Sincerely yours,
JOHN A. SLEICHER.'
Zion. Leroy Crawford. of Lewis county.
". Y, who has invested considerable
money in Seattle. writes us as follows:
How are times In Seattle The boom
here is principally confined TO speculative
products The most encouraging indica-
ton can mention is the marked advance
in pig iron. This looks like business
Leather has doubled and hides more than
doubled in price.
"I have in mind to speculate. and see II
/ cannot make little addition to my fund.
which is being accumulated for that time
when a fellow cannot hustle. So. IL the
turn has come for quick speculation. ad-
wise me and / will try and be ready with
any reasonable amount of cash. What
about the silver question? How do you
stand, and what is the opinion OF business
men generally on the question? / much
wish to know. Send me some newspaper
clippings which reflect the general seni-
ment.'
1--WE are In receipt OF many other encour-
aging letters from the East, and believe
before long Eastern people will be looking
for some of our real estate"