New-York tribune., 1921-03-06
Many Casualties
Reported i'm Army
OF. Real Estaters
All Are Doing Well and Will
Be Back in Action Soon,
According to Latest News;
S'Miracle Man. TO Talk

There are number of casualties
in the Real estate army of New York
1t will be some time before full infor-
nation on this score has been obtained
The showdown in activity noticed in
the last few weeks no doubt can be
attributed in a measure to the inca
pacltation of many active men, pri-
Yates and higher-urs in the realtors
army.
Those known to be on the tick list
are William II. Glass, Oscar D. Dixie
Williams W. Lighthipe and Robert r
Rainey. Reports are that they are
doing nicely and viii be back soon in
the field of action.
Mr.. Glass has wintered while at
Atlantic City, but is now back in old
New York. Bob" Rainey is down in
the Jersey pines at Lakewood. Bill
Lighthipe, who knows big heap about
elevators. is at his home, having
passed through very serious spell OF
sickness, which perhaps will keep him
away from several meetings to come
of the Building Managers and Owners
Association. Mr.. Dixie is now building
up for an early return TO action.
w. f. Morrell of White Plains, is
recuperating at Asheville, N. c., from
a serious operation. Nh. Morrell has
been illsf for more than six months Al
that time he was advised by his doctor
to leave business and rest. But there
were too many things needing his at
tenSion to allow hin. to take the rest
ordered by his doctor Word was re-
ceivcd in the White Plains district last
wee that Mr.. Morrell will be back in
the Westchester real estate field
shortly.
Capt. Leo, the Miracle Man, VIII Talk
Captain John P. Leo,s Commissioner
OF the Department of Street Cleaning,
who may we'll be called the miracle
man judging by the speed with which
he rid New York of the recent blizzard,
their meeting in the Advertising Club
Oh Tuesday evening. captain Leo un-
I'll recently was chairman Of the
Board of Standards. and Appeals and
therefore is we'll acquainted with if not
a sympathetic friend of the real estate
man. AS chief Of the street cleaning
bureau of New York City he continues
this acquaintance because he is the
man who removes ashes and debris of
the household, which is indeed a very
great factor in furthering the appear
ance and health of the city.
For some time the managers of big
buildings have had trouble having
ashes removed. The differences be-
tween private ash carriers, city in
forests and others have not been set
tied yet. For this reason what Com
missioner Leo will have to say on Tues
day will be at least interesting, if not
very interesting, to the men who man
age smallsize cities in the form Of
apartment houses and skyscraper office
buildings. President Cooley and Sec
rotary Merritt anticipating the nature
of the tale to be told by the miracle
man." urge every member of the as
sociation to be on hand next Tuesday
night.
Wide Field for This Concern
The Willard S. Burrows Company S a
firm whose field of action is far and
wide, holding as it does a commission
from Childs' Restaurant and perhaps
other chain store corporations to Sc
cure suitable sites in various parts of
the country. Announcement was made
last week that the company had ac-
qured for the Childs corporation the
Macarthur Building in Winnipeg, Can
ada, held at S1,125,000. 1t is twelve
stories high, 50x150, and was owned by
y. IL. McArtnuI. inNlpcg largest
building, as it is known. viii be man
aged from New York by the Burrows
Company. New York real estaters. per-
haps, never imagined this Western Ca
madam city possessed such valuable
realty. In this connection it will be
interesting to note that indications
are that $4,000 600 worth of new build
ings will be erected in Winnipeg this
year.
Forty-second Street Values Like Stock
Market Prices
Forty second Street property values
and rentals are like stock market quo
tations-they change from day to day,
There is this difference. however; the
Forty Street quotations move
in one direction only and that is up-
ward. This has been the case for a
number of years, at any rate There
is no groaud for thinking that it will
ever be any other way.