New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-06-21
THE WEEK IN REALTY j..
Several Investors Help to Brighten
Dull Market.

Some travellers who have spent considerable time
in Persia in recent years authority for the as
serton that many Of the sick of that country oIteh
erforu MANY Christian religious practices In the
hone of being restored to health. There are many
nersons in the real market who occasionally
act somewhat like these sick Persians Wheh theIo
is hustle everywhere and the omens for the future
forebode continued good times. they plan ana "olA
in their own peculiar way Still. however even IN
the brightest times distrustful OF theli
own strength, and they will jump at their own
shadows If they get in the light of prominence
To go down to failure leader they seemingly
think would be a calamity; to sink to hnahcai rum
i'm the rear ranks would be considered common
place failure and the bitterness or shattered hofe
would be easier to bear In trying times Ihe siiio
backbone that these workers in realty fields have
quickly disappears, and after ufterlns eAciaiiac
of woe they meekly hide behind the leaders OF the
market. bindly taking their cues from the ieauerS
II is probable that such state of affairs has not
existed long, and will probably soon De tnlns ol
the past Great changes have taken place In con-
Quoting many important lines OF realty business ia
the las few wears and changes should result
in the wedding out of weakings from the mar Ae'
This timidity and the lack of faith IN thelr own
Judgment which are clearly shown py many PEI
sons in the market in stormy times such as THESE
are blessings in disguise For some time they have
been practically idle. the only activity that they
have shown being in watching the movements VI
the leaders This idleness 1t is true. has causeo
some unrest but they might have caused greater
over the conditions the building trades
Those leaders of the market who We're asheu
what effect the present conditions wouio nave Oh
future conditions never uttered word that might
cause discord and they were not selecting thelr
words to hide the state of affairs Their con-
fdence in the stability of the market was deeply
rooted their hope in the future, 1t seems, cannot
BE- shaken one of the best known and largest
owners of real estate said when Things, iookeo
blacklist that the trying conditions would once
again clearly prove how solid was the foundation
of realty affairs. And predict. said the speaker;
ir-1-eS rTT1pT1
will be greater than last fall. ~,
The attitude of the leaders in the present situa.
tion has undoubtedly attracted the attention or
some big investors and they have helped 20 ADD
brightness to the days of buying Several of these
investors particularly active last week in TIE
Fifth-aye section. An investor bought the Eucnd
Building No 564 56S Fifth-ave.. six story
business building, on lot % Sx00x1IX35SX SKIS feet
from Horace A Hutchins of the Standard Oh
t'oTnpany for 100000 through Tucker, SPeyers
& co The property adjoins the house of Mrs:
Joseph W Harper, at the northwest corner OF
FortV-sixth- st. and Fifth-aVe. The other inter
esting Fifth-ave. ransaction was the negolatlons
10 purchase No 426 to 434 Fifth-ave.. No. / West
'ThirfT-eighth-st and No West Thirty ninth-st.,
owned bv +. Y. and J. H Burton