davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28

nering the remaining purchnsnblc
properties in or close to the desirable
certers, have bought heavily and are
now. with prudent foresight. extending
.hcir operations to new districts, which
must inevitably como into demand in
he near future.
Just as the area OF intensive devel-
,pment has expanded in the past
twenty-five years, bringing improve
mont and prosperity in succession to
such streets as Pine, Cedar and John
streets and Maiden Lane, so the move
ment in this direction must continue
northward toward the Brooklyn Bridge
Signs are not lacking that the dead
lires of Pearl Street on the east and
Church Street on the west will soon
be crossed by lines of high class Office
occupancy that have hitherto baked
1T the elevated railroads. Already one
firm Of former Wall Street lawyers
has established itself in a renovated
building on Water Street. and more
m, st inevitably follow to new enviroh-
monts when existing leases expire.
The tenement colony on the lower
'Wast Side is rapidly facing extinction.
o. orators. are actively buying there
now, and when once substantial
br llding operation starts the long de-
laycd improvement in that section
others Will follow in rapid success on.
In one week recently our Office sold
nc less than six buildings in this dis
II ct.
requirements of Modern Concerns
Looking at these comparatively re
cent developments and realizing the
increased power Of the forces Of ex-
pansion now at work, it does not re
a ire very active mag nation to
.oresee what is likely to happen in the
next generation. Where in 1900 the
rental of 10000 square feet to d sing.e
tenant Was considered notable lease
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28

inquiries are now frequently mnde for
10000 to 100000 square feet. and in
one case a single tenant has recently
been negotiating for 100000 square
feet The new Cunard Building. with
twenty-five floors Of over 10000
square feet each. is leasing it's entire
building on the basis of one tenant to
d floor In the uptown district build.
ings covering entire blocks Of 10000
square feet are being promoted but
that is another story. No such build
ing can be erected downtown, as large
sites are not now available.
There was n time, some years ago
when the continued prosperity of the
downtown district seemed to be threat
cned by the so-callcd uptown move
ment, but the recent heavy invest
ments by large institutions now as
sure the permanence of the lower sec
ton as the location Of the important
financial and business concerns. Wit
ness the enlargement Of the Stock Ex-
change, the purchase of almost an en-
tire block at Nassau and Liberty
streets and Maiden Lane as site for
the Federal Reserve Bank and of sew
eral large office buildings by various
banks and corporations.
When it is realized that downtown"
has successfully maintained it's SUI
premacy in the face of the tremendous
uptown" development, practically all
OF which has come since the opel.i..p
Of the subways of 1904, that it has
seen tenants occupying thousands
of feet of space remove 20 the new
uptown centers, and yet has not only
filled the gaps but is now unable to
meet the demands upon it, the funda-
mental strength Of the old business
dist.ct will be understood and an
preciatcd.
Profitable investments Possible Now
Surveying thus the wonderful de.
velopment of so short q period as
twenty-five years and considering the
increased ratio of expansion due to
that deve.o pment, wise investors Will
see that the days of profitable in
vestmcnt in New York real estate have
not passed Good opportunities are
as plentiful as ever. Existing build
ings win bring larger and more as
sured returns than ever before and the
speculative possibilities in the pur-
chase Of sites for future Improvement
IAN ha dly be estlmated.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28

emily or moro homes. whe,h., y.
cost Of building Is or Is no. .,..a,
tant at the present time, the dsa.
must be supplied.
Vacant Land Must Increase IN y,,.
More building demands moro sn,,
ing space. and just 80 surelv ., ~
building activity continues. ,u.,
surely VIII the demand for y,.,s.
property increase. While it Womb -
difficult, of course. to determine
cisely when the demand for va.
proF critics will affect any oar.,,..'
locality. II is safe to assume thu. -
exhaustion Of the house marke. v;.t;~
the next few months viii brinr abon,
An immediate demand for vacan,
ert.es where it has not alread baa.
created. That such a demand h.,
occurred simultaneously in all n.r,.
of the country is perfectly nat,r.,
Metropo New York seems -
one Of the last to respond. No. mi,
mas the greater city long been ~
paradise of builders, but the emf.
'uburban dist~.ct has enjoyed 4 sp,n,,
quite commensurate with the demand
On Threshold OF Great Land MARIE.
That condition has changed. howevs.
changed 50 completely that evnsr+.
have variously estimated that fror
three TO eight years Of unusual ero~s
VIII be required to reestablisb an,
ply Of homes equal to the denans
Briefly. therefore, the building n,o
gram must 20 on. We must have mor.
homes. More homes demand NOR.
homesites. and the subdivision marx.
supp les the ony answer. New YORK
and It's environment stand TO-DAY m
the t. resi".i OF the g~eatest boom r
undeve' oped property that this natIo,
mas ever known, aud whether the cal,
comes during the winter months o.
with the opening Of spring. it ia az in.
evitabie as the rising Of to-morrow,,
sun.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
By Harry Hall

Z The visitor from abroad riding up
broadway and noting the solid, stately
Ntsuctures that line its sides in prac-
eicRlly unbroken succession from Bowl
gag Green to the City Hall. and com
. airing them in his mind with the
older cities in Europe, must be in
clned to think that these massive
buildings are the result of centuries
bf, gradual development and probably
would be greatly surprised to learn
fhAt with very few exceptions they
ore all the product of the last twenty
FIVE years.
! Indeed. New Workers themselves
hare very short memories, and. when
once new building is completed,
quickly forget the former appearance
Of, the site on which it stands For
instance, just try to recall how the
aise at 81 Broadway looked before the
present Adams Express Building was
erfcted. then realize that only six
1ehrs have passed since the cd five
et9ry buildings of bygone age &C.
eupied the plot. Or try to conjure
up from the recesses Of your memory
fhe appearance Of the buildings on
Broadwhy from Barclay Street to Park
place ten years ago. before the tower
5nf Woolworth Building displaced
them.
Do You Remember?
II these memory tests prove inter
esting try to extend them over q wider
area and longA period of time.
Who can now recall the previous
~ight-story Equitable Buildng-the
~onder of its day when first opened
70 the public in the sos, or that
day eight years ago, when fire destroyed
Forever it's usefulness and water and
frost converted it temporarily into a
crystal palace of ice?
= The famous old Boree Building was
standing at l15 Broadway a short ten
years ago. and it is only sixteen yenrs
since the real estate salesroom was
compelled to leave its happy home in
she basement of old III Broadway"
10 make way for the beautiful Trinity
Building.
Interesting Retrospection
i Old prints show that in the sos
avail Street was not so mach fnan-
e. center as the home of fire insur-
t'ice companies. In the late zoos Pine
hIleet was still largely tiled with old
residences converted to business uses.
Cedar Street, now perhaps the most IN
Senslvely developed street downtown.
fvas street of warehouses occupied by
merchants in the drug and chem cal
grades, and the same WAS true of Will
yam Street and Maiden Lane. A Jour
ney along any of these thoroughfares
partook of the nature of hurdle rec
over the skids which constantly ex-
tended across the sidewalk to fac Ii.
tate the passag &c of barrels from ware
house to truck. Less than TWENTY-FIVE
years ago drug warehouses occapied
cots where now stand both the old ard
pew Continental buildings, the Bishop
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Big Land Buying Movement
viii Precede Constre1ctio,
nooert l.. Simon Says This Is Logical Conclusion ;
on'n1pr"sed Property Is Cheap; Investors Viii
lie NAoA~ f'~'n-neni in Buying FAels. N~1>. Ys.4

OF oversupply in the future is directly
decreased IN proportion.
Labor represents probably 80 Der
cent of the cost Of the building. The
hkei mood of wages go NJ down mate
rally IS very light. There is q new
point OF view on the part of the en-
: Oyer. hereas in the past labor was
conSl dered as so many hands to- be
oou"ht at the lowest possible prizes.
to-day 1t Is looked upon as hun..n
oe!hgs, entitled to wage permit ny
wing under decent ccndit ons. Tins
is point of view and frame of mind
winch. is not to be easily altered. In
oruer, however, to prevent distress
and suffering because of lack of hous-
ing Conditions. the nat onal government
should make intensive study of the sit
cation and adv Sc the community -.
intelligent as it is possible to do and
enact legislation removing some of the
strain caused by income taxes from.
capital invested in real es ate. and thu,
state should shift some of the burden
or taxation, which is now almost en-
trely borne by real estate to othe,
sources of income in order to invit,
capital w ich is now tim because O,
uncertainty as to the future Of cost Of
con tructlon and not interested
'ecause Of more lucrative retur,,
n other Investments, to flow in. q
'cai estate and to encourage thr
o struct on OF bu ldings. For no
matter what is done or how ehci'ntlS
such campaign is prosecuted. it Wi,
axe long time before :, suoplv IN
created sutfic Mt to make any IN
preclaoie impression upon the pr,,-nt
ack OF housing and bushes ul.i ill.,
facilities. Mus
BIS Lot Mai ct Expected
Ther~ is still another field OF ,,n
estate operation which has NOT vnt
~ en- auected, namely. vacant and
mere must be an active moyement in
Gus oeiore there is any change in the
~ituatlon The real relief can onjv
come from additional buildings. md
,hese can only be built upon vacant
Iaha. Lots can be purchased TO-DAY
at less than they were sold for ve.rs
ago and WIN | look fer q much wider
market from investors in 1920 than we
ave enjoyed in 1919, and while il will
become Increasingly difficult as time
%oes on Tor the on rator to find exist
ing onlidings at prices sufficiently at
,tactiVe TO insure a profit before the
property reaches the investor hsI;eve
mere VIII be boom in lots which viii
oe ,Coaiy as spectacular as the ACTIVITY
n oui dlngs has been this ear Th.s,
VINO are interested ia real estate
'ro1sss ION or~.-n- inves ,meAs need havs
. eesessA 90 ts Conditions. affs etins
zeal esANhe savessely.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28

Building, parts Of the Mutual Life
block. the Royal Insurance Building,
the WHY'S Building. 6S William Street
Home Insurance and Great American
Insurance buildings.
One Of the older drug merchants
delights to tell Of the opportunity he
missed by not buying when offered at
low price the lot at IA Cedar Street,
shortly afterward acquired by the Con-
tinental Insurance Company ut a figure
nearly three times as great Another
laments the fact that he failed to
buy 90 William Street at figure about
one-eighth Of its present value.
Center of Evolution
But why multiply instances7 A
student of business movements will
see that IN the last quarter of a
century constant and irresistible
pressure, having its center at Broad
and Wall streets and operating like
balloon in process of dis Aension, h 5
steadily forced an expansion Of build
ing development in every direction un-
til the entire face of the district
bounded by Fulton. Beaver, Pearl and
Church streets has been changed be-
You'd recognition. Step by step and
street by street the old order has
given way to the new; the andma rks
Of a previous generation have sac
cumbed to the greater efficiency of the
modern architect and engineer, and
with this movement have come increas-
ing land values, with consequen, profit
to the fortunate real estate owner and
operator. -.
Just Coming into lts Own
We are apt to think that history is
something that happened in the pas
for the special annoyance of the mod
ern schoolboy, and yet this old world
has made more history in the past five
years than in any previous century;
and that the face of nature ais we Sc,
II IS hnal. but rivers are still cutting
canyons, and the processes of erosion
are still chang ng the contour of noun
tans. Just so we hear laments and re-
grets tor lost real estate opportunities
as IN the case of the gentlemen aboys
referred to, but New York is not fin
Ished yet-indecd, it has only Jus.
begun 20 come into its own. The same
forces that have operated to produce
such marvellous results in the last
twenty-five years are still operating
and with accelerated activity. The
things that have happened are bat !.
pledge OF those that are to be.
This year Of grace 1919 has seen a
real estate market never equaled in
the city's history. Largely increased
demands for accommodation, combined
with the lack of new buildings daring
the last five years, have sent existing
space to premium. Rentals, on the
average. have doubled, with very little
space to be had. Innumerablc con-
Germs, either unable TO secure ncces-
sary accommodations or unwilling t.
pay the price or risk the uncertaintl.;.
OF tenantcy, have purchased buildiuA.
Tor their own occupancy.
Operators, forcseeng Tor the 6rst
time the possibility of Practically cor
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
AeronauticaI Plant
Planned for Newark
To Cost Sl,OOo,OOO
To BE Erected in Units by
the Wright Corporation
of America for Making
OF Motors and Planes

The Wright Aeronautical Corporation
OF America is to erect an immense
p ant in Newark, \. ]. IL will be
built in units and when completed vii
represent. it IS SAID, an expenditure OF
Slo00,0oo and Will employ 1000 per-
sons.
For the Improvement the corporation
has bought from the Merchants Ma.
tional Bank tract of 51s acres al
FIRE inghuysen and MeeAer avenues
While no definite pans Of development
have been made, it was stated that the
first unit Of the projected plant wouid
be building to contain 100000 square
feet Of floor area 1t viii be usee
for the manufacture OF motors anc
planes. An Office bun ding viii also be
erected. Il is expected, to start the
construction work next month
The corporation is allied with the
Wright Martin Aircraft Company
which has disposed of its New Bruins
wick plant to the international Motors
Corporation. The managing directors
are the q. w. Goethals Company Con
nected With the concern IS II. NJ. Crane.
des gner OF the Simp cx Automobile
Company, while G. Ii. houston IS pes
ident and +. b. Rentschicr wee pres
ident and general manager.
Enterprise New TO Ne~vrA
AS explained by Mr. Rentshier. the
enterprise viii be new 70 Newark, and
IN ADDITION 10 the manufacture of mot
ors and planes conslde able expert
mental wo-k viii be undertaken Tor the
army and navy. FOR as "a
flying demonstrations are anticipated.
and for this reason local landing ned
IS not deemed necessary. At ,he star
1t IS expected that ABOUT 100 person.
VIII be emp Dyed
The acquired tract has frontage Of
about $50 feet on Frciinghuysen Ave
nue. and 100 feet on Meeker Avenue
and is available for a siding for the
Lehieh Valley Railroad. II is planned
20 use the entire p OF for building de
velopment Louis Schlesinger and
Riker & Riker were the brokers in the
transaction.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28

people are now reaching out for vaca ut
property with an eye to doing their
own developing"
In Oklahoma City the slurp which
succeeded the unprecedented boom Of
the last decade has given way to an
optimism that has not only absorbed t.
previous overdevelopment but is direct
ing a policy of expansion as solid and
secure as it's original efforts were pre-
cipitate.
Even frivolous, fun-loving New Or
leans has reached the stage where It's
crstwhile seemingly inexhaustble rent
lists have disappeared, and every avail
able inch of space, both commerc al
and residential, is at premium Old
rookeries that have been unoccupi ed
for half a century arc being pressed
into service and the dwelling house
market is completely exhausted. On
one occasion a single residence changed
hands five times within ten days. and
each time at a considerably increas ed
price. the ultimate purchaser paying
two and half times the amount of
the original price. Gradually the over
flow is turning toward vacant proper
ties, and old subdivisions plotted b. ok
in the early '3Os are awakening from
their slumber of nearly q century and
are beginning TO bristle with the
framework of new homes.
Space Situation Is Acute In South
New Orleans is awake and very much
in earnest. and. as one real estate op-
orator recently phrased it, Its no trsu-
bic to make sales now The difficulty
lies in getting the listings" And what
10 true OF New Orleans seems to apply
to the entire South, with the possible
exception of lower florida, where va
cant property has not yet felt Der
ccptble change.
The nor.h central states and also the
group of which Ohio forms the cen.er
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
Real Estate Is Booming From Coast to Coast;
Scarcity of Improved Property Presages Great Market

Steady Cain in Interest in Realty Residential Space Shortage
and High Values and Rents Not Particular of New York,
but Countrywide Condition; Reports From Every Sec
ton Show Unprecedented Situation Cry For Homes Will
Force Resumption of Buildings Buying of Land Follows
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-12-28
New York Has Not Stopped Growing, Which Means
Opportunities Are Great as Those of Yesterday

changing Conditions, Always for Bcerment Produce Cir.
Gle OF Chances Twenty-Five Years Transformed Down
town District From Section of Low Buildings to One of
Skyscrapers; Evolution Continues, Expert Clams With
the Prospects for Cain Great Those of Years Ago
The copper era and Morenci leader., 1919-03-21

The Hogwallow Improvement So- ciety let Poke Eazley off on his hair cut on the strength of the March headache argument but they saw that his yellow mule was sheared, head ache or no headache.
The copper era and Morenci leader., 1919-03-21
LUXURY TAX GOES ON THINGS
 WHICH WOMEN LIKE TO. BUY

on March 1st the new war tax on
 luxur1es went into effect and it will
 bring many hardships on milady
 dalnty who demands only the best
 For instance, if she insists on paying
 more than $15 for her hats, why
 Uncle Sam says he must have 10 per cent as tax on the excess. | She must pay a tax for the fan she uses if it costs more than S1.
 Uncle Sam thinks that $7:50 is a fair price for the pocket book she carries ana II she must have a more eX- penslve one, why, she must help pay for the war, for there will be a tax on it.
 Two-dollar hose are the limit, for theN women who want silk ones, and even men and boys are curtailed in their hosiery expenditure by a limit of $1 per pair.
 The dear departed and the still on earth loved ones, must not be framed in setting that costs over $10 or 1 Uncle Sam will have to be paid extra Milady must keep her kimonos peti- coats, and waists at $15 and under. She mustn't use an umbrella, para sol or sunshade that costs over S4 nor must travel with a valise, travel ing bag or toilet case that cost in excess of $25
 Of course, if she has lots of money it's real patriotic to buy the more expensive things and pay the tax But it's a good wager that money won't count when lovely woman hears of the tax for she will never pay it unless the article she is en- deavoring to buy is guaranteed to be the only one of it's kind in stock and some clerk who knows her business will put on the guarantee that there won't be anything like it in town. Then even the tax that Uncle Sammy uses, in order to keep good Ameri- cans only using necessities, will be no bar.
The copper era and Morenci leader., 1919-03-21
CLEVER YANK SLIPS
 ONE OVER ON MAJOR

So he put one over on the major.
 A clever little story waited here ward from California training camp shows how the nimble wit and poise of a young private enabled him to turn the tables and score not only over his major but over the entire company.
 The company was lined up for in- Spection and as the major reviewed them, he was attracted by a sort of fiZzy, effervescent sound coming from between the teeth of a fine looking. happyigo-lucky private. The major stopped looked and listened a mom- ent and the lad with evident disre- gard for military discipline, continu- ed to whistle softly to himself.
 Suddenly the major vent his wrath upon the lad with a 'bawl out"' for the benefit of the entire company.
 Whats the matter with you?What do you mean by standing here whist ling? Are you soldier with any military training You ought to know better than to do a thing like that. If you're so fond of whistling, if you really enjoy it we'll just give you an opportunity to whistle. Step our front, stand at attention and en- certain the company for little while-Company at resi-" command ed the major. The private stepped out in front of the company and proving that he was a humorist as well as a whistler of no mean ability, began to whistle with birdlike clearness the notes of the Star Spangled Banner"
 Instantly the entire company in cluding the major-were forcer to stand at attention and to remain that way until the last note of the nation al anthem died on the balmy air.
 I call that clever, don't you.
The copper era and Morenci leader., 1919-03-21
S2,00O GONE SAYS
 WILEY FISHERMAN
Spent Small Fortune on Treatments Before Finding Relief By Taking Tanlac.

q spent at least two thousand dol fore I finally got relief by taking Tanlac," said Wiley Vesperman, of AIS Bowser avenue, Dallas, Texas.
 ''l suffered with rheumatism in my left arm and shoulder for seven years," he continued, "and at times I was so badly crippled up that I would just have to give up and go to bed. I also suffered terribly with in digestion, and what little I ate form ed so much gas that I would belch up my sour undigested food and would become faint from dizziness. I could hardly sleep at night for the misery I was in and in the morning I would get up feel,ng so awful that I could hardly get around.
 But Tanlac has Griven away every bit of the pain and misery. I never suffer from indigestion and can eat anything I want. My condition has improved so wonderfully since } started on Tanlac that I am able now to give all my time to my busi- less, just like l did before that awful rheumatism got it's hold on me. My wife is taking Tanlac, too, and she is just as enthusiastic about it as J am '
 "Tanlac is sold in Clifton by Cliff ton Drug Co.,, in Duncan by Elk Drug Co.,, in Morenci by Arizona Copper Go. Ltd, in Guthrie by Brown and Beck, in Metcalf by Bianez and Val deg, and in Franklin by Franklin Co., Operative Mercantile Institution"
The copper era and Morenci leader., 1919-03-21

forms were received until a few days ago there are a large number of persons who did not file returns. In some instances, of course. the tax payers are at fault, but others are to
 be excused because of the unusual circumstances. The Treasury De- partment has advised that returns may be accepted if the taxpayer will attach statement to the return, set ting forth his reason for delay. This statement will accompany the tax return to Washington and will be passed upon by the Commissioner. If the reason is good and sufficient there will be no penalty assessed. This gives all an opportunity to get right with the Government, and hope that those who are delinquent will see that their returns are filed Immediately