davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-02
Reports from the Section
Much Better than Those
of the City.
MARCH OF POPULATION
TOWARD SUBURBS
Brightwaters One of the Most
Alluring Places in the
Committing Zone.
ny T. Is. ACktRSON,
President of T. ID. Ackcrson Company

The year 1918 was a heavy weather
one. 10 use the yachtsmans term. but
Long Island suburban real estate. without
doubt. withstood recent general business
depressons much better than the hitherto
reliable New York realty. which, Of late
seems sick with no real cause.
New rk real estate always has been
and will long continue TO be standard in
value There Is only one New York ana
its realty areas are limited and insufil-
cient TO much longer comfortably accom-
modate the unprecedented growth of the
worlds most wonderful metropolis. IL
would seem that nothing could check the
growth Of old New York, but when values
become assessed above forced sale values
and the tax rate closely approaches
per cent on a too full value, 1t is not an
encouraging influence to say the least
and II is question how much New YORK
will stand and to what extent millions eN-
pended in subways and other transporta-
ton betterments will make still further
increases possible and bearablc, this all
going on while living in the crowded city
Is becoming a more and more serious
problem each day. with delays attehdihS
traffic congestion making an hours ride
from the Office or shop to the home not
an unusual but a daily occurrence. These
NAV lie some of the reasons why Ne"
York realty has been more affected than
suburban.
The more expensive and higher class
propcrties in city and suburbs also seem
TO have been more affected by recent DUST
ness uncertainties than the less expensive
class.
The buyers Of late have paid more cash
and asked less credit than they dld re"
years back when more buying may have
been done, but more thinly spread over
, extended areas" Depressed business con-
ditions prompt people in buying less aho
only what they can use.
Long Island suburban real estate, oil
any other nearby suburban property, VIII
naturally command attention OF buyer'
! because IL is much cheaper, taxes lower
living cheaper, larger areas possible ano
a thousand other advantages for the lover
of nature with a desire for the lure Of
the land. with the garden, fresh air. sun
shine, health, and there is such large
| portion of city population seeking thes'
advantages that this has made good, wei
developed suburban realty on Long Isl
and show increased activity at the eX
pense Of the city.
You ask II suburban Long Island prop
erty showed increased sales in 1913 al
compared with previous years. The
answer is no. but the decline is mucf
less than the falling off in city sales has
been.
You also ask, What of the outlook fol
1912" There is but one answer-if tariff
currency and other adjustment legislation
does not have the effect OF restoring con-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-02

estate mortgages or obligations secured
BY mortgages and that any other en-
ployment of capital in real estate is too
hazardous for public consideration III
this be true no individual or company can
afford to own an equity in real estate
above the underlying mortgaSeand in turn
the underlying mortgage would be I'M
sound. for no one could afford TO hold
the equity and operate the property for
profit
1. the ownership of real estate in New
York City is not made attractive to indi-
viduaiS and corporations there would be
no business for either the broker or the
lender, and unless the unity of interest IN
these three. owner, broker and lender, be
clearly understood and established with
out unjust discrimination real estate IN
New York will not offer an attractive
field for investment. Moreover, If the
investor cannot expect a return of AZ
least per cent on the average from
equities in New York real estate what
possible inducement can there be for In
wiling investment there? When mortgage
lenders are demanding ) per cent and 5l2
per cent. with charges materially increas-
Ing the cost of the money, how can they
logically argue against the possibility Oh
a 6 per cent return to the owner upon MS
equity?
Some of the specious arguments ana
half truths which have been employed III
the discussion Of this real estate situation
recently seemed TO leave out of account
entirely that which has been the domi-
rant factor in New York real estate busi-
ness for three hundred years-namely' the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-02
Confidence in Bronx
Real Estate mistaken

at tota, cost OF hundreds Of thousands
OF dollars.
The establishment Of new trade centres
through the migration 10 them Of business
houses which took advantage of the in
ducements of lower rents. more light ana
air and better surroundings. has caused
depression in certain Wholesale and retail
districts, but such movements are in
evitable when tho owner makes no EFFORT
60 keep up with the times and takes the
attitude that what satisfied tenant
twenty years ago will satisfy him now.
The rivalrics OF individual operators and
real estate organizations and the at
tempts Of one class Of operators TO decry
the offerings Of another have also been
factors contributing toward our present
condition.
The investing public has practically
been told that the only safe place for
investing money in real estate is in real
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-02
THE CAUSE OF
DULNESS HERE
Opening of Too Much Land for
Business Use a COntribut-
ing Factor.
By IRVING rutland,
Former President OF the Real Estate Board.

IftSiutht oi htui
The depression in the New York realty
market is due, to some extent, at least, to
local causes. for elsewhere. as in some of
the cities Of the Middle West, real estate
is very active.
Opinions will no doubt, vary as TO what
these local causes are. and as to which Of
them has done the most damage. II is
the writer's opinion that the premature
opening of too wide a territory TO COM
mercial uses is the main source Of the
trouble. Fully % per cent Of the land be-
tween Lexington and Seventh avenues
from 18th to 3ith street has not been
improved with modern buildings, and a
much higher percentage in the territory
between 34th and 42d streets. Yet high
loft buildings are being erected in the
1O's, practically destroying the streets for
residential use and thus throwing still
more land on a market already glutted.
No doubt much Of the northward move
menr Of trade is normal. but the writer
believes more of il is Observation-Disclosures
goes because Moskovitz does.
If still more territory is opened TO COM
mercial use before what Is already avail
able is reasonably well absorbed, the re-
turn of normal real estate market will
be proportionately delayed.
The suffering of certain areas Of the
city because of the sudden migration OF
trade should not. however, prejudice in
vestors against New York City real estate
generally There is no sounder invest
ment in the world: The general causes
that have affected real estate, as well as
all other forms of securities, have made
possible very attractive investments for
those awake to their opportunities.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-02
proof Given by Success of
Several Large Lot
Offerings.
sFCURITIES MARKET
FOUNDED ON PROFIT
sncgestion Made That State
Banking Department Regu-
late Bond Issues.
ny EDWARD II. BOYNroN.

-, II the American Real Estate 70
80 no reason why 1914 shouu NO.
80, st least the beginning OF the re-
us'' ~ New York real estate from the
to..,o, which has befallen since
80 when I say New YORK rea' es'".'
-, che market as whole not u"u
,r some one specific form OF "n"' j
,"e - in tbe market. There have been
'.- - -. an the last seven years many
- - and proatable operations. Inc van
- -, Moss and Forster-Schmidt es-
w &c no less than that OF the old
-, pork racetrack. were highly sue
NO',' I'D demonstrated that the conf
s.nc. of large part OF the investing
go. in the future values OF Bronx prop
- as firm as IL was before the gen
eral dulness began.
"a. s,,,cess OF our development OF the
-, estate from a sales point OF view
- shown beyond doubt that even IN so
- .6,,l times there are always buy
cor rroft in residential or retail
,.-..,.ss r~onerties which in the Judg-
-,ent Of investors or homeseekers are
s,,,s,ed in zones OF assured growth IN
,,,,,lation. trade and quick transit Inc
49,. ~ o,,r securities in 1918 exceeded
80. ~ 1912 bv q fair margin when inc
-.-eral business and political conditions
,,bicb have prevailed during the last year
ave considered. and this again 10 my nina
&C "a nrove that there is always
-, for securities founded on profit
ing real estate honestly and ably
managed even. though other stocks ana
hon6s may be a drug on the market.
Rut while there has been active indi-
,iSysl trading by fits and starts. and
while companies have continued 10 show
"a satisfactory balance sheet year after
YEAR We are all agreed that the evil days
which fen upon New York's real estate
buvers sellers and owners in 1907 have
remained with us up 10 this time. OF
late especially there has been practically
no mortgage money. or, rather. while
there has been no lack Of money those
who have had II to lend have been so
cautious that there might just as well
have been no money.
Holders and developers Of suburban lots
have had little 70 do but contemplate the
increased cost Of carrying their properties.
The overproduction Of lofts and office
buildings has made competition to rent
space in them so keen that low levels
have been reached, with the result that
what was at best an investment yielding
moderate returns becomes able 10 do little
more than carry itself. The activities OF
the various city departments, Health, Fire
Prevention Tenement House and Build
ings coupled with those Of state boards
whose functions In many details overlap
or conflict with those OF municipal au-
thoriues have made the life Of the owner
Of the old law building a never ending
nightmare and even those who have
erected literally up-to-date structures
have been forced I'm thousands of cases tc
meet the requirements Of new Legislation
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-02
New Business Structures
Erected in Greenwich
Village.
SEVEN BUILDINGS
RENTED FROM PLANS
Freight Subway Route OF the
New York Central Railroad
Through Section.
BY W. %. KiLrATRICk.

In 1918 the construction Of mercantile
buildings in Greenwich Village kept pace
with the gradual. healthy development Of
preceding years. seven buildings having
been constructed. all Of which were o.
cupied at completion by lessees who had
leased from the plans and ownt- s VINO
built for their own occupancy. THESE
improvements were in the district be-
tween lith and Canal streets. Hudson
street to the North River. At present
there are In this section but five build
ings to lease. three OF which are OF the
uon-freproof type which becomes yearly
more difficult to rent.
There Is now an unsupplied demand Tor
modern buildings with large floor areas
I'D 70 20Ox100 feet. at the low rents which
have obtained in this section due TO the
low land values: The scarcity OF mort
gage money has prevented the consum-
nation Of a number of leases and con-
sequent improvement of several large
plots II mortgage money becomes easier
10 OBTAIN during 1913 THESE oPeld1oi'o wan
undoubtedly be carried out Among the
firms which have located in Greenwic
Village during 1913 were V. Rigaud q
Co, from Beekman street; c. Perceva.
| from Sixth avenue; the Riker & Hese-
man Company, from Sith street. the
Anger Baking Company, from the Bow
| cry; Handy Brothers, from Beeknan
street; the Seamless Products Corpora
ton and the New Doll Company. both
( from Pearl street.
| The New York Central's plans for
! freight subway show the route to be on
Tenth avenue and Washington street.
south TO Canal street and thence 10
rev and greatly enlarged ST. Johns Park
( freight station II there were any pros
pect in the fairly near future of this sub
way becoming an accomplished fact II
would, beyond question, result in the up
building of both sides of Washington
street with very large buildings, probably
running to West and Greenwich streets.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25
Mission. Texas. May -. 1911.
Mission Chamber of Commerce.
Mission. Texas.

Sir> IN reply To your favor of even
f..tc. viii say that | came down here
March. lal2. and bought twenty acres
~ land one mile west of town. paving
Son per 'trrc a. the place was improved.
NV land il not for sale.
Last season | had in five or six acres
Of cabbage which made me 4 little money.
Ny three acres of onions gave me a
yield cf l.3>6 crates. on which | was ad-
vanccd SIS per crate. ] do not know
whether | will get any more money for
my onions or not.
| have one and 4 half acres IN canta-
lnupc> which are lacking ni.r.
| have twenty acres planted r. corn
on rented land which looks good and as
if it might make good corn.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25
OSCAR :. PERKINS.
Mission. Texas. MAY -. 1911.
Mission. Texas.


Mission. Texas.
Mission Chamber of Commerce.
pcar SirS came 10 Mission Feb
ruary II. 1912 from Madison. Wis. l
bought twenty acres Of la!ld three aud
one fourth miles from Mission M >l1l
per acre cleared. | have made my living
and raised and sold of the twenty acres
uf land over 5000 worth ~ pruiuce ia
The last two wears. Ny crop this past
winter was six acres II cabbage and
ihrtr arrc> NJ onions. have now grow
ing on this land icn acres ii rorn which
I have bred M from selected seed ana
which ! expect il good for one hundred
bushels per acre. Ii H. lust now coming
into roasting ears. ! have also grow
ING ou The land one acre of canialonpcs.
one acre II Irish potatoes aud y acres
az sorghum NV land j. producing a
revenue 81 ~.lno per acre and | consider
u we'll worth that price. | am we'll
pleased with the country and my pur-
chase al Mission. Yours very truly.
T. 4. ALSMENER.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25
Notary Public, Hidalgo Go. Tcx'

Mission. Texas. May -, 1911.
Mission Chamber Of Commerce.
Replying 10 YOUR request Of ever date,
I came to the Lower Rio Grande Valley
twelve wears ago. and with the exception
of about three wears spent trying To find
a better location III the northwest. ! have
resided here continuously.
For the past five years ! have farmc'l
near Mission ! have just recently paid
300 an acre for "A farm near Mis-.
sion. Bought il for a home and because
| regarded II a. one of the cheapest
places | knew Of.
| have been fairly successful farming
and have accumulated som property,
Ny only regret l. that | wasted three
wears and considerable money irving T.
find 4 better place. when | was then and
am now ~ the best country ! ever saw
I came to Texas from Indiana. Yours
truly.
Seal FRED W. NoI/.
Sworn and subscribed 10 before me
this 22nd day of May. A. -. 1911.
SCOTT CAWTHO\.
Notary Public. Ilidaleo Go. Texas
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25
T.. A. WRIGHT.
Mission. Texas. May -. 1914
Mission Chamber Of Commerce.
Mission. Texas.

Mission. Texas. May 80. 1914
Mission Chamber Of Commerce.
Mission. Texas.
Sir>-I came here from Kansas IN
1910 and bought forty acres If land one
mile from Mission al $50 per acre IN the
brush aud now consider my land worth
800 per acre.
] have good success in raising crops.
but have sometimes found il difficult H.
sell what | produce ~ fair prices. ]
have raised enough OFF the place 10 pay
for the land and improvements. This
season has been very favorable and !
have marketed nm average Of $1,000 per
month from the place since January /
1911. ! had ten acres of onions. eight
acres If cabbage. three acres ~ straw
berries ~ winter crops and now have
growing five acres If sorghum. twenty
acres ~ corn. one acre of sweet nniatGcS.
lnc acre II peaches. two acres ~ cranes
md one acre in - hog pasture on which
I expect Il run thirty head Of hogs until
November IL.
Strawberries have been very >pcrcSS
fHl. From three acres put ont ia No.
Ncmhcr. 1913. | have sold To date. Man
- 1871. over 800 worth ~ berries
Yours very truly.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25
Protecting the Chauffeur from Head

Lights patent l.O>9.j39 Theodore
l.. Driver Of Mclrose. Mass. shows 4
pair of chauffeur sprctaclcs in which
are provided A rosy ~ three or more
vertically arranged noncontiguouS Stats
or screens. These are So arranged that
the space between them u such a. 10
afford nu material obstruction H. the
straight head view although they VIII
operate t. cut off the rays from ap-
preaching headlights.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25
J. i. TANNER
Mission. Texas. MAY -. 1911,

Mission. Texas. May -. 1911.
The Mission Chamber Of Commerce:
Replying 10 Your request of even date.
| came To this Valley III March. 1912. ani
purchased land. for which | paid Ga.
an acre. This land had been cleared.
plowed and fenced. but had no other i'm
provcmcnis.
| built n house and moved onto this
property IN January y: the present wear.
Have a good corn crcp now growing 81
this place.
| am we'll pleased rim thu country
and think | made a good investment.
Your truly,
Seal1 4. l.. WEBSTER.
Sworn and subscribed 10 before me
this 22nd day Of May a. ID. 1911.
SCOTT CAWTHON.
Notary Public. Hidalgo Go. Texas
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25

Mission. Texas. May -. 1911
Mission Chamber IT Commerce.
Mission. Texas.
>ir> Replying 10 your request Of even
date. I came L. the VALLEY III 1907 and
bought land az - per acre in the brush.
Since that time | have been engaged IN
farming and developing my holdings. |
now own Q acres of land one mile east
of Mission which | consider worth Si0O
per acre.
Nv returns this winter from twelve
acres If cabbage WAS eighty tons which
| sold ~ an avcragc price of III per ton.
now have ~ "a, VI and rented land
about fifty acres of corn which think
will Weld about sixty bushels per acre.
This j. my own voluntary statement.
Yours very truly.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25
am we'll picrs,i with the untrl
Yours very truly.
GEORGE IispOiN$.

Mission. Texas. May - 1911
Mission Chamber II Commerce.
Mission. Texas.
SirS-T came 20 Mission Nav II. 1910
and bought land one mile fro Mission.
10 acres for $50 per re. have rai>el
pigs and chickens. have a milk cow mi
a few colts and cultivated the land "a
corn AMI truck crops. | have sold off
this land over 5000 worth II produce,
besides making a comfortable living. ]
consider ny land vel worth 500 per
acre aud would not sell il mt that price
! am wei pleased with the country ard
my purchase al Mission Yours very
truly.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25

Vehicles-lohn II. Burns of San Fran
cisco and his aSsignreS. Robert Colman
aud +. VI. .Auliffc. both of the same
piarr. show NJ patent No. 1000. 80 an
apparatus for incl aiing the letting III
vehicles. which apparatus has a suiia-
ble timing and Indicating dcvcr. acta-
aied IN TIL SEATING uf a pass NIGER. the
door of tn vehirfe CON rolling means
for iutrrruptiag Y movement uf che tIIu-
ing and indicating device.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25
DIR. G. III. MURPHY.
Mission. Texas. May -. 19l.

Mission. Texas. May ~. 1911.
Mission Chamber Of Commerce.
Sirs-Fivc years ago ! landed in Mis-
sion while il wa Ill it, infancy. Pur-
chased twenty acres of land. paid one
third, balan~c in one and two years.
Made other payments on land regularly
from crop profits. built a good residence
and paid for il spot cash. There has
never been i year since ! have been here
nj Mission that ! have not cleared from
$500 "a $1,000 per annum. Cabbage and
onions my speciality. Hog and hominy
as a side line; chickens and EGG to keep
square with the gr0ceryman. Yours very
truly.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25
NOTICE.

Notice is hereby given that the an
nual meeting of Stockholders and tho
annual meeting of the Board Of Direc'
tors of the Rio Grandc Railway Com.
many will he held nj the offices of tho
Compspy al Brownsville. Texas, or
"Wednesday June 3rl. 1914
q. ii. NANCE, Secretary
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25

Mission. Texas. May -. 1911.
Mission Chamber Of Commerce.
Mission. Texas.
Replying 10 your request ~ even date
| came ia the Lower Rio Grande Valley
and bought land III the year l9l2. ! now
-wn eighty acres purchased nj that time
for >la5 al acre. III the brush.
| have had this land cleared and
fenced. and brought into cultivation.
aud have u very comfortable five room
house on my farm. All uf the land -
IN crop. most If il corn.
After having studied conditions here
fully for the past two years ! am fully
convinced that This i the best country
have ever seen. and consider my land
well worth 300 IN acre.
This j. my own voluntary statement
~ conditions ~ seq them in the Lower
Rio Grande Valley a. this date.
Il. l.. SpIIMAN.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25
POLITICAL ANNOUNCEMENTS
FOR COUNTY JUDGE.

~. L. Yates announces through The
liriald his candidacy for the office 81
County Judge of Cameron county. sui,
jcrt a. The action of the Democratic pri.
na-i4,s ia july, 1914
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25

The brownsville Daily Herald i auth
oriyr'i 10 announce W. u. Walton T. a
candidate for reelection to the office of
tax collector ct Cameron county. sub
jet 4" the action Of The democratic pr
muric>.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25
Germans Municipal Motors

ful circular campo IN has revealed that
NJ y German cities having populations
of more than 5000. only , arr with
out municipal motor wagons. one If
these has y vehicle un order. The num-
her of vehicles i'll zach city varies from
! "a - per capita. the total number be.
ins 500. nf These. the fire hrigadcs have
90: street cleaning and watering. 1l3;
ana smbulanccS. 81 the remainder are
used for miscellaneous service.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25

TIL Herald j authorized ~ an
nom n N i. :. Ford j. o rauii latq
for tie office 81 tax assessor of Gamer.
or ~onntN. subject t. ihc action uI the
Democrat primaries IN July.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25

1.oST-on train arriving Brownsville
12:.0 n. IN MAY ~. small leather coin
Tmrsc. initials w. y. H." burnt on out
side. Contained some change. Reward
Tor Information or return. W. y. Hall.
- %. Box III. or Fort Brown : % Il
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25
STATE SENATE.

The brownsville Daily Herald j. an
th" zcd 10 announce Archie Parr aS IA
c.inIi late for State Senator from the
Twenty third Senatorial District. sub.
jcci 90 the wishes Of the voters al the
Dciaocratic primaries in July.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25

TIL friends ~ ~ ~ Hiatt announce
him ~ a candidate Tor the office ~
superintendent ~ schools for Cameron
County. .uhiect to the action ~ the
Democratic primaries in july. 1911.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25

Catering 70 ConvenlenCe.-Ih NO nlHllu
facturcr III Z British car has provided
un exceptionally simple means for clean.
ing tho fuel tanks nn his ears. IL has
merely made the filler cap large enough
Tn admit a mans hand and arm. Incl
drntalf the lar"c filling o%rifirc fariii-
iatrs rrplrniShing the supply and a. Y
makes possible heavy. substantial
threads IA M cap ID eliminates the
chance al their failure.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25

80 II rfld T. authorized ~
HN. : lVnrr a> % candidate Tor re-
feIer .pufur commissions of Cameron
4 roan'v missioner precinct No. ?.
*s,fbic I T. the action VT the democratic
\ lprumarirs IN July.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-25

The Herald is authorized a. Announce
w x. PERKINS of Jim Wells county.
N - can litiatc for state senator. sab
jet "a n. action of the Democratic phi
marie Of next July.