The herald., 1897-10-28

4
and a new stairway leading from Third
street will be put in.
BradDeer q Russell have prepared plans
| OF cottage for r. E. Wells, to be erected
at Prescott. Arizona. The founda tion walls
and porch columns win be of Arizona sand
stone and the inside finish of white cedar.
Estimated cost. about $4,000
| The plans for the new brewery and other
buildings to be used in connection with it
have arrived from the east, but the speci-
hcat1ons were not included with them, con-
| sequently nothing can be done until they
arrive These buildings will be erected at
, the corner of Moulton avenue and East
Main. The main building will be four sto-
ries in height. with additions for bottling
houses, stables. etc. Work on the concrete
foundation has been going on for several
days.
r. B. Young is preparing plans of the
| proposed new Catholic church to be erected
ON the northeast corner of Fair Oaks and
walnut avenues, Pasadena. 1t will have
a frontage of So feet on Fair Oaks by 1872
| feet on Walnut. The material to be used
has not been decided upon. A school build
, ing will be erected on the southeast cor
ner OF the same avenues. 1t will be of q
substantial character and in keeping with
the other building. The cost of the two
buildings will be from s35, 900 to $4,000. He
has also on the boards the plans for a
three-story brick family hotel. of Moorish
design. to be erected on the southeast cor
ner of Fifth and Hill streets for A. l..
Bath 1t will contain three store rooms
on the first floor and thirty-five rooms on
the second and third floors, together with
every modern convenience.
The following charges have been fixed by
the Denver Real Estate and Stock ex-
change:
| On sales under $250O. per cent
| On sales of greater amount, per cent for
HrC md mt fnv nINAxr
that amount.
Exchanges same rates.
The safest way for broker who desires
to represent both parties in an exchange
of properties is to have a commission con-
| tract specifying that he is the broker or
agent of both parties in the transaction.
signed by the owners of both properties.
This may not be necessary if broker only
acts a middle man in bringing the two
parties together and has nothing further to
do with effecting the exchange; but even
then safer course would be to have
| commission contract with both parties,
specifying that each has knowledge of the
fact that the broker represents both par
ties.
The present value of Central park, New
York. which thrty-five years ago was
little in excess of S.. 100 0OO is now $95 900 0OO
and there has been a corresponding gain
to property in the neighborhood of the
pdIh, real eStdlS experts SAY. IneTe mas
been, of course, a very large addition to
the park area of the city since the esti-
| mates taken were made thirty-fve years
ago. but. limiting the comparison only to
the parks of that period, and including
some of the minor city parks which have
reappeared under their former names 1t
| Is found that from s15000.OO0 or less, the
value thirty-five years ago the value has
| risen to $3.50. 900 900. or 1000 per cent
| At the recent convention of the fire chiefs
held in New Haven. Conn, the principal
| matter under consideration was the fight
ing of fires in tall buildings. The large
| number of these buildings erected in recent
years in our cities has made this a vital
question in case of fire. Legislation against
such structures was strongly advocated.
lie was also advocated that the insurance
companies make concessions in favor of
buildings of moderate height. No other
branch of the city service appreciates more
fully the danger from fire that goes with
buildings of such immense height. and it
was claimed that some day there would be
a fatality in sky-scraper that would ap-
pail the world.
| The new cab service of the New York
Central railroad was put in operation on
| the 4th instant This system of cheap cabs
| promises to become quite popular and at
| the same time dispense with one of the
| most noisy and irritating nuisances, The
! idea of cheap cab service was started by
| the Pennsylvania railroad, and met with
such large patronage that the New York
Central at once followed the example. For
years the noisy and incessant hawking of
| cabmen has greeted everyone on leaving
the station. The new system makes an end
of this nuisance The new cabs are hand
some. The vehicles are rubber-tired and
have al. modern Improvements. The pam
els are painted in olive green, the wheels
and running gear in lighter green, and the
bodies in black. The interiors are uphol-
stored with the best cloth. The drivers are
neatly hveried and a schedule of prices
is hung in a conspicuous place The SER
vice is under the direction of the Westcott
Express company. The entire city has
been cut into sections, and prices for one
passenger range from twenty-five cents to
a dollar. The vehicles consist of cabs, ham
SONS, four-wheelers and omnbuses.