New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-09-07

pbysical advantages for broad future de-
yelopment that this beautiful town along
the banks Of the Hudson River possesses.
Not only do these realty prophets fore
see the transformation Of this town into
beehive OF large Industrial activity, but
also its transition into one OF the most
delightful suburban cities within easy
reach Of old New York.
To-day the town. or rather the incor-
porated Village Of Peekskill. for that is
its official title, has population Of about
sixteen thousand persons, and within a
radius of about FIVE miles from the heart
Of the village are about four thousand
more persons most Of whom are the own
ers and occupants Of nicely built cot
tsges on large plots.
The more the real estate measurements
Of this enchanting village on the easterly
bank Of the Hudson River are carefully
examined the more one becomes firm
believer in the prophecies in question.
Nature truly richly endowed Peekskil,
and It's legacies in this respect have been
so well preserved and improved that the
corner stone for the creation OF the place
into a hustling city OF many miles or
broad thoroughfares lined with high class
suburban dwellings, and with vast areas
teeming with industrial energy, will LEND
itself readily 20 the changes predicted by
the realty seers.
To-day Peekskill has many enchanting
home sections. II also has many vigor-
Gus factory centres. Furthermore, it mas
splendid retail shopping districts where
staple goods may be purchased at prices
as cheap as in the great marts Of the
metropolis. although this fact is not as
widely known as il should be within the
township OF Cortlandt, Of which the VII
lage Of Peekskiu is part
Peekskiu has already sufficient room
for the erection of houses to proVide
homes for many more thousands OF per
sons. and a frontage on the river OF sew
eral miles where unusually large lac
tories could be quickly and cheaply built
Along the river frontage there IS also
ample space for the building OF suit12Ie
docks for the largest vessels that ply the
Hudson River Besides, there is Grodhd
near the land touched by the waters 81
the river for the placing Of numerous
railroad sidings for the benefit OF ne
present and future industrial centres
In recent years many towns in the SUD-
urban disS@.cts Of the greater city nave
either stood still or their realty vgor has
decreased The Capitalization OF many
big industries is largely responsible ior
this shrinkage in realty strength Many
concerns which had before the financial
Oppression of 1897 factories scattered
throughout the country have abandoned
some of those factories and have deVei-
oped their remaining plants into larger
producing places. Peekskill. however nss
put on new realty vigor in that period
and lately it has given unmistakaoie
sisns of its larger attrsctiyeness TO the
heads OF many fourishing manufacturing
concerns.
To-day its industrial ranks present
more formidable front than it did few
Years ago. The Standard Oilcioth Com
psny which is one OF the largest ana
most PROSPEROUS corporations OF its kihu
IN this country. employing many tnou-
sands Of skilled hands At high wages Is
building a 10000 addition 10 its Pee"s-
the largest factory project IN SuDui'""
sections in some years
The greater Standard Oicloth factory
will furnish employment TO many run
ered persons al wages which VIII permit
them 10 occupy comfortable hohos III
nice neighborhoods. The earning po"ei
Of these people will enhance the Va'ue ~
every inch Of grouud in the village enu
viii be Of immeasurable beneht 10 inc
trading centres OF the place.
Within recent years. and particularly
IN the last few months, some promiainB
new companies have settled in Peeksh'iI.
The National Land Sand Development
company Is one OF those concerns. An
o'nsr is STEAMBOATS, Engineering COM
pany. and still another is the PeskSNiii