davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20

Of the buyers and sellers. The same
watchful eve must be kept on the
leases and other records Some othce
bows show a wonderful capacity 70 keep
records and "dig out" from them LEADS
to buyers. builders and lessees. In the
big Offices the services of these boys
are appreciated. and they get from SZO
TO about $40 a week. The Offices that
do not pay good wages TO their boys
who are experts in keeping records are
conducted by nearsighted men. A large
number of the many boys who began
their realty careers as taoulators OF
records, and who became great adopts
in this work, are still doing that work,
and with each succeeding year more
proftably 10 the house that employs
them than at any previous time. some
how they never were given or sought
outdoor work. A few Of their employ
ers-there ought to be many more sucn
employers have these expert RECORD
men, now grown gray IN the realty
field. share IN whatever commission ;
are earned by the Offices as result OF
the effective work Of the record men
As some Of these realty commissions
total in the thousands, the index men
are almost as we'll off in worldly goods
a regular
Offices. Don't stay any longer than pos
sible as an office boy; six months IN
such a position in the average ONCE is
long enough, unless you are still IN
vour teens. In that case, II you are
v,ide-awake office bow for several years
in a prosperous house, you would IN
ouestionably be large gamer by stay
ing.
The next step upward from office boy
is 10 enter one Of the departments IN
an Office. The big Offices are divided
about as follows: The sales, appraisal
renting or leasing, the insurance, the
mortgage and building management
departments. Many of these depart
ments are subdivided. In the leasing
department a staff Of men devote all,
or almost all. of their endeavors 10
getting renters for office space, another
staff is assigned to finding tenants for
residential properties, and still an
other for store premises. In the mort
rage department there are usually men
who make a specially of procuring
loans on residential parcels. others on
business properties. The sales depart
ment has its staff Of experts, too.
Some experts deal mostly or only with
owners Of lofts, stores or Offices, others
are busy in the private and apartment
house market.
Now, you cant be an all-round ex7
pert in the real estate field unless you
are genius. There are a few geniuses
in the realty world. About one hobs
UP about every year. so that the ranks
of the geniuses in the local realty
world have only had sixteen additions
to il this century. Meanwhile, about
twenty or more workers Of abnormal
capacity in New York realty zones have
died since the beginning of the century,
so to-day there are fewer master
workers or leaders than at the close
Of the previous century.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20
AT MANHATTAN
BEACH 80 YEARS
Place a Sand Dune When
This Employe Went to
Work There.

Few persons who visit Manhattan
Beach know why the little stretch OF
railway through the property is known
as Marine Railway. Patrick Noonan,
employed at the Beach for thirty-nine
years and still hale and hearty, can
tell you all about the railway. He is
still a conductor on the line.
Back in 1877 Patrick Noonan came
from County Cork. His first job was
on a little sand dune owned by Austin
Corbin and known as Manhattan Beach.
Directly across was Sheepshead Bay,
a tangle of woods and farms. 1t was
Noonan who drove the first Spite at
Manhattan Beach to make a break
water that would keep the water within
bounds, and il was also Noonan who
started the Juice" in the first car 70
run across the overhead trestle built
right into the water extending from
Pine Breeze to Manhattan Beach. II
was this popularity Of construction
that gave the railroad the name 1t
bears to this day, the Marine Railway.
Noonan, sixty-two years young, lives
in Sheepshead Bay with his family.
He has been witness of many stir
ring things, not the least of which is
the change in the place of his adop-
ton. Where Sheepshead Farms were
there is now city, and where the
horsecars ran into Smith st. there are
now the swift Brighton Beach elevat-
ed and Ocean av. car lines. Where the
sand dunes stood is now the Manhat-
tan Beach of to-day, one of the finest
ocean front all-year-round home com
munties in greater New York.
Only few of the old landmarks have
remained unchanged. Tappsn's is the
same little hosiery that sheltered
Colonial danes and gallants, and re-
tains some of its old atmosphere by
retaining the colored walters and col
ored orchestra Of old times. But the
greatest transformation which time has
wrought is the change in Manhattan
Beach. Almost a million dollars has
been spent in the physical improve
ment of this property. This property,
which is being sold on easy terms by
Joseph p. Day TO lot and home seekers
for the Manhattan Beach Estates and
the Manhattan Beach Realty Corpora
ton, is forty-fve minutes from Man
haitian Borough, and is reached by the
elevated and trolley service, day and
night
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20
SEALED BIDS.

SEALED BIDS WILL BE RECEIVED BY
the Board Of Water supply. at its Offices.
twenty second floor. Municipal Building
Park Row. Centre and Chambers Streets
New York City, until IL A. VI. on Tuesday
September 5. 1915. for Contract ia. for
furnishing. delivering and Installing con-
trolling mecnanisms and appearances
for controlling riser valves IN the shafts Of
the City tunnel OF the Catskill aqueduct in
New York CITY.
Al the above place and tims the bids
will be publicly opened and read. Pam
phlets containing information for bidders
and contract drawings can be obtained at
the above address. at the ONCE OF the Sec
Rotary, by deposlting the sum OF ten dol
lars (slO) In cash or its equivalent ,or
each pamphlet
This advertisement will not appear after
August %. 1915.
For further particulars apply 20 the
once Of tho Principal Assistant Engineer
at the above address
CHARLES STRAUSS. President,
CHARLES y. CHADWICK.
JOHN r. CALVIN
Commissioners, Board Of water supply
GEORGE FEATHERSToNE. Secretary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20
MorgMybuxddhonT M %zzrs~

suredly, they will learn how buyers are
unearthed, and that's a valuable thing
to know No one can afford TO waste
precious time while in the realty field,
and there is probably no place where
time is so firmly grasped by the fore
lock as in Spectators office, for
the quicker he gets buyer the better
the chance for larger profits.
A realty operator Is a person who
makes a specially of financing build
ing operations. He will buy a we'll
located plot and then offer it for sale
and agree TO furnish the capital 10
build, or at least the larger part Of
the sum necessary. The equity Of
the builder in the property is usually
represented by a small cash payment
above a fat mortgage on the land The
operator scrutinizes every detail of the
improvement Of the property, and in
case the builder does something con-
trary TO contract, legal steps are quick
~ taken to make him keep his word
As a rule such operators depend upon
no one in their employ to help them
form their opinion. There is room in
such offices for the services of bright
young men, but the business future for
the employees is not as bright as in the
regular brokerage Offices, with concerns
doing a general building and contract
ing business, with those individuals
and companies specialized in the place
ment and sale Of mortgages, with
agencies which devote most of their
time TO building management or ap-
praisements. You never can tell in the
realty world when you are going to
earn one Of the big commission plums.
You may just keep plugging along
without doing anything above the aver
age, and the further you go the more
you seem TO be chasing will-o'the-
wisps. In fact, you may never be able
to make more than both Office and
home expenses balance as you pursue
the realty game. But you will never
give up hoping and striving TO get one
of the realty prize commissions in your
hands. That's the lure of the realty
world.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20
Land Bank Can Lend to Any
Building Loan Association
Money Given on Promissory Notes Even if ORGANIZATIONS
Are Non-Members of State League-New Banking
Experiment Originally Framed to Promote
Agricultural Interests

wears old. as bright, think, ms myself
working for $3.50 month, and iur
nishinr horses and tools besides, ana
with no prospect Of ever purchasing a
farm Of his own. H.. r
81 want to say right here that /
don't think the farmer is as yet eau
Gated to strictly cooperative methods
The American farmer is not. 1hey
talk 10 us about the advantages OF
amortized mortgages for farmers, and
they are needed. but It Is necessary 10
educate the Yankee farmers and
sneak for them because by birth and
breeding | am one of them In CO
lucrative methods. Very few associa-
tions at this time, | imagine, no mat
ter how helpful you are, can be formed
strictly of farmers. for the reason that
thev need education along these lines
They live comparatively lonely lives,
and the Yankee farmer is little IN
dependent and self-assertive. lie does
not adapt himself readily to coopera-
tive methods. | think that 1t - the
duty of the associations in the villages
and the smaller places to seek out the
farmer.
A Roseate Prediction.
T do not dare tell you to-day how
croat a thing ! believe the Land Bank
Of the State of New York, If properly
supported by the associations OF TINS
league. will become. Its opportunities
are almost uncXampled. q,
"Our law has now been so amended
that its operations may be adapted 10
the business of any building and loan
association in the state and need not
necessarily follow one fixed, hidebound
nlan. The Land Bank of the State OF
New York, in spite of its lack OF sup
mort from associations generally, mas
recognized the fact, even If the assocla-
tions have not. that il is concerned with
the good. the welfare, Of every sssocla-
tion in the state, and the law nov pro-
vides that it may help every association
in this state by loaning them money
upon their promlssory notes even "heh
they are non-members.
zone Of the things that demonstrate
TO every living man that your assoc'a..
tions and the Land Bank of the State OF
Now York are safe and sound and have
achieved a place in the public estlma-
ton of which you may all be proud rs
tho fact that the bonds of the Land
Rank of the State of New York and the
promissory notes of savings and loan
associations have been made legal in
vestments for the savings banks OF the
State of New York, and there are no
financial institutions in this country
whose investments are so strictly safe
guarded. To see what this does, con-
slider their immense resources, nearly
two billions of dollars; a single savings
bank with nearly one hundred and fifty
millions of dollars, and these resources
are now placed at your disposal, thus
coordinating and combining the two
great savings systems of the state. Cen
tlemen. that coordination, that har-
mony, means much to the people OF this
state, if you and the savings bank peoo-
pie can be aroused to your opportuni-
ties"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20

Many persons connected with up
state banking institutions and building
and loan associations are carefully
watching the growth of the Land BANK
Of the State of New York originally
designed TO furnish loans on farm LANDS
in this state and thereby increase inc
area of cultivated land in the state
How this land bank experiment is sue
ceedng was the topic of an address de-
livered by George |. Skinner. FIRST Dep
uty Superintendent OF State BANKS II.
the twenty-ninth annual convention OIL
the State League of Savings ana Loan
Associations, held recently IN tlmlra'
His address has been printed IN pam
phlet form, and is being widely. as
tributed owing to the interest SHOWN
in the subject.
Here are some of the salient points
Of that address: ave have started in
floating bonds Of the Land Bank of the
State of New York at four and one-half
per cent. The most that the Land Bank
can charge as commission is one-half
per cent. We all hope, of course, TO
see both of these elements OF cost re-
duced.
The Land Bank of the State OF New
York. originally framed to promote the
agricultural interests of the state, was
first conceived by city men, because
they had given thought TO the nation
wide effort for the promotion OF agrl-
cultural interests, and they sent lot
me TO come down and talk over their
ideas with them. We have had the
criticism, the advice, the support OF
men who have made study OF all the
European systems.
Farm Situation in State.
"At first it might seem, as ! must
confess il did TO me, that the agrl-
cultural interests of this state DID not
need special legislation. New YORK
State stands high in the list OF agn-
cultural states, Notwithstanding our
Great prominence along other lines,
hut with our farm lands within easy
reach of home markets farms are
being abandoned within few miles OF
our railroad stations. Near my own
little village land has been so ID for
less than $40 an acre, and enough TIM
ber cut from it to pay the purchase
rrice and leave the land as a proht, IL
il could be considered a prott and not
liability.
al have not visited for many years
the house where was born, yet, unless
some energetic foreigner has ia ken hold
of the old farm that through many
wears and for several generations gave
a competence to my own family. l
should expect t see its meadows COW
cred with daisies and its pastures with
moss.
at is not entirely a financial PROPOSE
ton. II is very largely labor propo--
sition in this state, but the financial
feature has its bearings, even in this
state. | was recently talking with
tenant farmer who would gladly. pur-
chase a farm could he obtain the funds.
For a member Of my own family | am
even now running farm at long. dis
lance. and here was man. over forty
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20
Other Branches of the Market.

While it is true that all realty affairs
revolve about the brokerage Offices as
the centre of activity, nevertheless
brokerage is only one big line Of the
realty field. SO there are different
kinds Of work to do for the young man
seeking a position in the realty sphere.
All the big buyers and improvers of
land in this city and suburbs require
constantly the services Of many persons
TO carry on their business. The big
buyers and improvers are what are
known as the professional men IN the
market. II purchaser is an investor,
and carries property for long time be
fore seeking a new owner for It, he APP
preciates the services Of trained men IN
certain lines Of the realty field.
Generally such purchasers do every
thing possible TO place their properties
on the highest income basis. That
means all waste in management must
be eliminated the plants in the apart
ments for running the elevators or
heating. etc, must be kept IN good or
der. Many poor realty investment
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20
A REALTY TALE
OF PIRATE DAYS
Parts of Old Vessel Dug
Up at Baldwin-Thought
To Be Tom JOnes's Ship.

Lively public interest has been
aroused at Baldwin Hsrbor. L. l., IN the
"bonesv of an ancient vessel that was
urearthed by a dredger of the NC
Clellan Dredging Company while deep
ching the water at the shore front OF
the home of Frank Tinney, the actor
on Milburn River, while mixed with the
hulk and the earth was composition
that is understood to be gold. The old
maritime skeleton has stirred the recol-
lection of every patriarch Of the sec
ton, but none can recall any vessel
ever being sunk at the spot where TINS
one was found beneath the bed of the
river.
Il is believed that the bones" are all
that is left OF one Of the ships Of Pirate
Thomas Jones, who lived on the south
side of Nassau County in the early part
of the seventeenth century, and after
whom Jones's Inlet to the ocean, oppo-
site Baldwin Harbor, is named. Under
the crown Jones was chief ranger or
the Island of Nassau. and had Jurlsdic-
tion over all Long Island waters: Long
Island was originally named Nassau.
Jones was so in love with the sea tnat
ne provided in his will that he should
be hurled "near tidewater." All that is
mortal of him rests under quaint
tombstone in an ancient burial ground
in Nassau County, few miles from
Baldwin Harbor.
The remnants of the vessel un-
earthed indicate great antiquity. II IS
known that Pirate Jones used the inlet
that bears his name for access
to the ocean. and that. ne, ire
ouently anchored his ship in what is
row part of Baldwin Harbor because IL
was the most nayigable water adjacent
TO the inlet, as well as TO his home IN
Nassau County.
Attention was called to the material
around the old ships frame by lts
lumpy nature and the fact that II tend
ed to clog the suction pipes that DIS
tribute material from the bay potion
TO points along the shore:
Close examination by Van n. may,
a mining engineer, disclosed the TACT
that the composition IS Dlend OF
earth, petrfied wood and gold ore. An
assayer has been engaged to find out
whether il is worth while to dredge
Milburn River further.
Baldwin Harbor was for century
known as Hicks's Neck, and its water
WAYS were canoe places for Indians
carly in the seventeenth century. Sub
seouently small merchantmen made 1t
their port of entry, and some OF the
famous shippers who have made Long
Island known the world over resided at
Baldwin Harbor.
Pirate Jones bought much property
from the Indians. and his jurisdiction
over the adjacent waters made, MIN
respected 'paleface" among, the un-
worlike tribes of the south shore.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20
Transit Links Are Adding
Lustre to Future of
Entire District.
DEVELOPMENT THERE
IN RECENT YEARS
Many New Routes of
Travel Expected To Be
in Operation Soon.

Walter I. Willis, secretary of the
Queens Chamber of Commerce, has
written an article about the transit
DEVELOPMENTS in the Borough of
Queens. IL appears in the August
number Of the Bulletin of the Real
Estate Board.
"The population Of New York City
in a way is very much like electricity,
saws Mr.. Willis; mot only because of
its energy. but particularly for its
tendency TO travel along the line OF
least resistance. A large proportion
Of the population Of the city travels
daily on the subway and elevated lines
N reach their homes and Offices. For
the past number Of years, and at the
present time, the longest line OF travel
seems 10 offer the least resistance for
the workers in Manhattan travel to-
dav from the various business centres
many miles northward 70 The Bronx
and many miles south and eastward TO
Brooklyn, 10 find homes.
an the very near future, however
this condition will be very materially
changed, for. with the opening Of the
various rapid transit lines eastward
into Queens that are part Of the dual
subway system, the vast areas OF
Queens Borough will at last become an
integral part of New York City, and
be nearer the business centres not only
in distance, as they are now, but IN
point of time and travel as well.
"As New York City has grown, the
business centre of Manhattan has grad
ually moved northward. So that to-
dav it is generally conceded that the
42d ST. section is the all-day twenty
four-hour business centre OF the CITY,
when not only Office buildings and man
ufacturing lofts are considered, but
also the big department stores, shops
hotels. theatres, restaurants and the
passenger terminals like the New YORK
Central and Pennsylvania stations.
with the Grand Central Station as a
centre. a circle with ten-mile radius
would include more square miles Of the
Borough Of Queens than any other bor-
cugh Of the city. II naturally follows
that if equal transit facilities are pro-
vided easterly TO Queens as those now
in operation northward TO The Bronx
and south and eastward 70 Brooklyn
trade and population will flow into
Queens in preference TO other sections
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20

Of the city. for the areas in Queens
are broader and less developed and
nearer the source of value than are
those of Brooklyn or The Bronx.
"The development of Queens IN popu-
lation, building and industry during the
last FIVE TO ten years has been remark
able. despite inadequate facilities con
Meeting il witt Manhattan. The open
inc of the Greensboro Bridge in 1909
started a movement Of population ana
trade eastward. Then followed the
opening of the Pennsylvania Station. IN
1910. giving modern electric railroad
service through the tunnels under the
Fast River 70 all parts Of Queens but
AZ a higher rate Of fare than that
charged on the subway and elevated
lines 10 reach other parts OF the city
"The next connecting link OF transit
70 be put in operation was the queens
boro subway. at Forty-seconG street, IN
June, 1915, the traffic in which mas
more than doubled during the first year
of its operation.
Lines Soon To BE Operated.
"Now work has started on the con.
nection of the Second Avenue -
across the greensboro Bridge, and the
elevated extensions TO Astoria ana
Corona are practically competed any
viii no ready for the operation Of
trains this fall.
"At q recent conference held at the
Office of Chairman Straus Of the PUB
lie Service Commission, at when "eIc
present not only all the other mem
bers Of the commission, but Mayor
Mitchell and the members of the tran
e -
mate: Frank T. Hedley, general man
ager Of the marlborough Rapid ran
sit company. and the officers ana tran-
sit committee of the Chamber OF com
merce of the Borough of Queens, ten
tative dates were set for the operaHtilon
Of the extensions to Long Island CITY,
Astoria. Woodside, Elmhurst ana 20
rom. II was brought out at this con
ference, which was one OF the most
imnortant conferences ever held In re
lation TO rapid transit IN queens tnat
tho time of operation of the extension
81 Tho sOucensboro subway under
A2d ST. to Grand Central Station mas
been set for the end Of August; that
II is expected 10 have both the I'd aV'
elevated extension across the Queens.
boro Bridge, and the extension OF
the Greensboro subway from aga
st. operating TO the Bridge Plaza, IN
Long Island City. by November and
that the extension to both Astoria and
Corona will be in operation by De
cember IS or earlier, according to the
delivery Of the cars required for TINS
service.
"The elevated structure, station nm
ish. laying of ties and rails on various
elevated extensions in the LIST and "a
wards Of Queens will be completed by
the middle of October, and the opera
ton depends only upon the necessary
power and rolling stock. Arrangements
have been made for an adequate supply
of power and every effort is being made
to hasten the delivery Of the rolling
stock. 49,. :.
"With all these lines in operation Is
there another section in New York CITY,
or for that matter any similar area
in the United States, with such
bright future ahead of it? Queens
NAV we'll be called the borough of mag
nifcent opportunities"