New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-08-16
crrKINC INVESTMENTS IN AFRICA.
JEFFERSON NJ. LEVY SAYS THE SHARES of HE
MINING COMPANIES ARE SELLING

JEFFERSON NJ LEVY SAYS ShH"i@' - --'-
MINING COMPANIES ARE SELLING
RAPIDLY IN LONDON.
Jefferson NJ. Levy, the well-known reai estate
dealer and owner of Thomas JEFFERSON noines'eau,
Monticello. returned from five weeks visit ABROAD
ON the steamer Majestic. which arrived at TINS
mort on Wednesday. In speaking Of his trip Mr..
Levy said yesterday:
ct spent most Of my time in England and
especally in London. / noticed great change IN
London financial circles from the conditoh oi ias'
wear I never saw such excitement as Is taking
r,ace there over the shares Of the African min
ing companies At what they call the kaiflr CIR
GUS after Stock Exchange hours. people actuahy
fight for a chance to buy shares The BRUSH Sou'h
African Company charter-Mr. Rhodess company
is a great thing. The company owns tract
Of land 1900 miles long and 400 miles wide, and
1, ,s being developed rapidly. The production of
GOLD In these fields ranges from ten pennyweights
N thirty ounces a ton and they are still finding
more reefs MIR. Rhodes is considered TO be an eX-
traordinary man.
1.-The excitement shares almost equals the
Juror about the South Sea Bubble although of
course, the real value of the shares is very diff
ferent think that these shares will In the main
continue to be good investment. although OF
course. they vary to trustworthiness. The IN
vestments NAV be overdone. however Many large
fortunes have been made there recently. one man,
Mr. Robinson is said to be worth fSO"oVn
Then there is Bento. originally a circus clown
named Isa4cs. He also is enormously wealthy.
Actors. LAWYERS and all classes besides bankers
feel the fever Of speculation. The French people,
too have become excited over these shares.
REALTY ACTIVE IN LONDON.
Real estate in London is more active than
have ever l., and now the sales Of real estate
are quoted at length every day-something new.
They are selling leaseholds well freeholds.
and prices are based derived incomes of 2l9 to
3lz per cent Suburban English property is also
being largely scld in London. many large estates
are being divided up into lots.
Speaking of New-York real estate. think that
while prices are high. they will be higher during
the next two years. l saw W. W. Aston in Eng
land He said he coming TO this country be-
fore long. He seems TO think that there Will be
Of buying more Of 1t.
Il spent day with the Prince of Wales at
is more like an American than any other Englishman
ever met He told me that the memory of his
dream. / don't think he will come to this country
again. l spent som. time with my friend Colonel
tralan gold fields, and says there are roads TO
fTu1ss he5 Mi hsa s so % ae sd w9
Mrs. Cookers. He is satisfied with his visit and
thinks the English great sporting people.
has deposits OF over s2cocoOco All hrst-class Eng
net returns. Consols are selling at even less
THE ENGLISH IGNORE THE SILVER CUES
1.-The English people ignore the silver question
They becoming rich and prosperous under their
own monetary system If there were a prospect of
an international agreement there might be chance
for silver but all the great nations giving 1t up
/ am for sustaining the honest dollar OF fore
fathers. Millions Of English capital would come
here for investment II we should stop talking about
the silver English investors other things be-
ing equal. prefer TO come here 10 going TO Canada
The silver in the South is hurting the chances
OF getting English capital for investment there
i think the silver question is practically dead one.
Fanatics like Senator Butler Will be relegated to
the rear. Ii is a mistake TO say Thomas jefferson
the father of silver coinage His acts as Pres
ident contradict the common superstition
"As an instance Of the profits made by London
concerns / may tell you that the net profits OF the
Gordon Hotels Limited. for the year ending May 81,
1856. after payment Of the debenture interest.
amounted 10 fl60.s37
The iron Industries. which are improving, are
the forerunners OF prosperity here.