New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-12-15
Wife of Ex-State Senator
Thompson Will Be the
Recipient.
SHOPPING DONE" IN
EXCHANGE ROOMS
Henry Morgenthau's Nephew
Gets $4,000 Profit-Bronx
Sale Nets S255,850.

OnrlSlmJ Eve Inc COHIEheb U P~A
chase will be placed in the toe Of 1t,
and over the contract, which will be in
a large envelope, will be poured candy
and then as many oranges as possible
will be packed in. Thus, IL will look
Ike most Christmas stockings. The
ss5,s0o parcel which Mrs. Thompson
will receive as gift is the old road
house premises at the northeast cor
ner Of Jerome av. and 1920 st., which
were owned by George H. Huber, who
for many years was proprietor OF
Huber's Museum, IN 14th St
The total sum realized for the entire
Offering Of 241 lots OF the Martin
Schrenkeisen- George H. Huber estates
was s255.s50. For the Martin Scnren-
keisen lots, numbering 1856, sl3l,s5o
was paid, or an average Of s7lS lot.
The SO lots owned by George Il. Huber
went for $4,000, an average OF sZ'zI4
lot
Anthony Werner bought the plot at
the southwest corner OF Westchester
av. and White Plains road for sS,OOU.
Among the other buyers OF lots In the
East Bronx were T. A Stafford, James
Keane. n. Martin. +. ". Oppenheimer,
the Coggswell- Taylor Improvement
Company and the Balbour Realty Com
psny.
"The sale Of the PAL lots was nota-
bic realty achievement" said Messrs.
Day and Davies last night. Owing
10 the blizzard, which swept over this
city on Monday and yesterday, we eX-
pected TO have a very slim attendance
and 70 encounter our first realty frost
in the auction salesroom. Truly, II
was an achievement 20 sell every lot
of the offering in the winter season,
and when the weather was most unfa-
vorable"
Robert f. Simon, nephew Of Henry
Morgenthau, Ambassador TO the Otto
man Empire, figured large In the 500
600 Christmas gift transaction. lie
was the highest bidder for the prop
erty when offered yesterday from the
stand Of Joseph ?. Day. His success
ful bid was s33, 100. A few moments
later ex-State Senator Thompson, who
had been one Of the bidders for the
parcel, asked Simon at what sum ne
would sell the premises. Il want
profit Of $780," replied Simon.
An agreement on that basis was soon
signed. 90 next time Robert writes TO
his uncle he will probably begin his
letter as follows: "My Dear Uncle:
/ 7 did not fail 70 attend the voluntary
auction sale OF PAL lots Of the Martin
/ Schrenkeisen and George II. Huber
| estates, and I succeeded in being among
I the successful bidders. | was In the
auction room Just about two hours, and
/ for every minute | was there ! made
/ profit of about s21 for the Henry Nor
centhau Company. ! got the plot at
/ 162d ST and Jerome sv., on which Is
| the old Huber roadhouse, favorite
I gathering place, as you know, when
! brushes between harness horses Of the
| best breeding were of daily occurrence
/ along Jerome Nv. ] secured the prop
/ erty for s33,100 and was offered proht
/ Of $500 before ! left the salesroom.
The realty outlook is certainly en-
I couraging. 80
Hopping this finds you IN good health,
| remain your afectionate nephew
ROBERT
/ Messrs. Joseph P. Day and j. Clar-
/ ence Davies, who as agents and auc,
. tioneers conducted this sale OF well
located Bronx lots, said some day.
/ prior 10 the sale that all the lots OF
/ the Schrenkeisen and Huber estates
/ would make very acceptable Christmas
gifts. rs the sites were In the new
| rapid transit subway zones OF The
Bronx. where higher values are anticl-
pated. Many persons followed this ad-
, vice. and therefore there will be some
very happy recipients OF lots on Christ
mas morning, besides the wife or ex-
State Senator Thompson.
The two lots TO the east OF the gift
corner at 1921 ST. and Jerome sv. were
purchased by James J. Keane for So
500 each. and the next two easterly
lots fronting on 1921 ST. changed
hands at $4,000 each. Then followed
a sharp decline in the prices for the
remaining lots on 1920 st, owing to
/ The fact that the bed Of old CromWeli
4 Creek touches those parcels.
The triangular shaped lot a. the
/ northwest corner Of 1920 st. and Crom-
/ we'll av. went for $3.50, and the two
/ adjoining lots for 500 each. Lot IA
on Jerome sv., which Is Just north OF
! the gift corner, sold for S4,1OO. The
/ next westerly Jerome av. lot went 10
/ T. Foody for $1,000, and then the most
westerly lot in this block was secured
. by NJ. & D. Whithorn on bid Of So.
| 600. A. Monash was also a buyer OF
| Huber property.
/ "The lots are going at half what
thew are worth" said George H. Huber
during the sale. az was q young
man, ! would not sell them at all, but
would hold on 10 them and make al
the profits which the buyers will reap"
"Are anv Of the celebrities who used
to appear at your museum present ana
among the bidders ," he was asked.
MIR. Huber looked slowly about the
room at the hundreds Of persons
present and said: mo, l guess they
are all out working. They haven't got
the price for lots" Surely they could
afford 10 buy one or more OF the
Schrenkeisen lots, which are going at
bargain sums" interrupted hearer.
"Too bad they are not here TO get
them" mused Mr.. Huber as he walked
70 a seat
The sale began at 1880 o'clock. the
first lot offered being No. l49, at the
southwest corner OF White Plains
Road and Watson az. Terence j. Gro
min was the buyer. He also got the
adjoining westerly lot for 5000, ana
three other continuous lots, his total
purchase representing an investment
Of 81. 725. Interior lots on this block
front sold as low as $500. The south
cast corner OF White Plains Road and
Watson av. was disposed of for sl,OO /.
The adjoining lot to the south went
for 1925. For the northwest corner
Of Gleason av. and White Plains Road
81 225 was paid. and for the southeast
corner, disgonally opposite, $500.
I The sales on the private market yes
terday we're:
EAST 83D ST.-william A. White &
Sons have sold for the Guaranty Trust
[ Companv. as trustees, l52 East 33d St