New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-15

Mouth Of Canal-st and new burial ground
laid out between Forteth and Forty-sec-
ond SITS. on Fourth and Fifth aves.. containing
ten acres and costing SS.449." The Fulton Bank
and the New-York Gaslight Company were in
corporated later in the year. the latter having
granted 10 II by the Corporation the exclusive
privilege for thirty years of laying castiron gas
pipes in the streets south of Grand-st. On June
16 Castle Clinton given up as a military
post and relinquished 70 the city.
In the beginning OF 1924 news from Liverpool
Of a great rise in the price Of cotton reached
the city. Pilot boats and expresses were dis
patched to all the Southern cities and ports to
purchase the commodity. which rose instantly
from 10 to 30 cents n pound. Vast sums were
lost and won. and the Specializing mania ex-
tended to all kinds of merchandise. strong
impulse given to business for a time. The
reaction set in, and prices fell below the for
1ner standard, prostrating respectable and es-
tablished houses and giving the mercantile COM
nunity 4 shock from which il did not recover
for many years" During the year sixteen hun
dred houses were built in the old Eighth. Ninth.
Ienth and Eleventh wards. They were mostly
two story structures. A correspondngly great
increase took place in the value of real estate
especially IN the northern part of the city.
The city was honored Monday, August 10,
10y the presence of General Lafayette who had
arrived on the Cadmus the preceding day and
residence OF Daniel D. Tompkins, Vice-Presi-
dent OF the Unitsd States From the Battery
nc Was escorted 10 the city Hail. where hs
was welcomed by the Corporation and congrat-
ulated by Mayor Paulding his safe arrival
An Immense and most enthusiastic gathering
OF the people proclaimed the warmth of its af-
lection for the friend Of Hamilton, the adopt
ed brother Of Washington and the man who
had won golden opinions from all ranks and
parties by his frankness and valor in the Arneri-
can Revolution" Men in all walks OF life Wed
with one another TO do him honor. After the
ceremony he was conducted to Bunker's Man
Elcn House. the guest Of the city He visited
the navy yard, fortifications and public insti-
buttons. and his departure was escorted by
G large detachment of troops to Kingsbridge
whence he set out for his proposed tour through
the States. On his return in September q fete
was given TO him at Castle Garden, which for
grandeur. expense and entire effect was never
before witnessed in this country. six thousand
persons being assembled In that immense area"
The Chamber of Commerce and merchants re-
solved this year TO adopt the measure of
buying and selling by the quintal of 100 pounds
instead OF III, as heretofore. beginning with
january 1, 1875. Anthracite coal from Pennsyl-
wanna was introduced into the city the latter
part OF the year, but was not universally used
The last year of the chronology. 1926. found
q large and mixed population in New-York
transportation facilities into the heart of the
continent and a foreign trade diffused over the
whole globe The population numbered 10000
and was straining at the leash in its efforts
10 achieve more strength and prosperity The
Erie Canal. gaspipes joint stock companies. the
opera the Sunday paper, the Merchants Ex-
change and marble a building material all
made their advent IN the great metropolis in
the course OF this year. and NETWORKS evo-
luton was fact.