296
The Real Estate Record
April 1,1882
to me there will be a great demand for houses
ranging in price from §8,000 to $30,000 during the
coming summer and autumn, as there is a good
deal of money afloat just now, and neai'ly every¬
body prefers, when able, to purchase a home of
his own to paying rent, which is always sub¬
ject to an advance. There are some persons who
think that those in want of this class of realty
will go to Brooklyn to live upon the completion
of the new bridge, but I am not among the nujn-
ber, for the vast majority of persons want to
reside on Manhattan Island, and I believe they
will prefer going into the annexed district to
going to Brooklyn, and, again, it is by no means
settled that the Brooklyn bridge, if completed,
will be able to sustain any great amount
of travel. It is somewhat strange that there
has been so little building in the ' quadrilat¬
eral' north of One Hundred and Tenth street,
and west of Fifth avenue, or rather in the lower
portion of it, but the fact that there has been so
little building there is peculiarly favorable to
that locality, for I have often noticed that in
any section of the city it is the property last
built upon that holds the handsomest buildings,
If a street is built up with tenements, those last
erected contain more improvements than those
previously built, so when the tide of building
once sets in in this district, I believe the improve¬
ments will be of a substantial and ornamental
character."
MINING INFORMATION.
Professor Rossiter Raymond is authority for
the statement that the recent developments in
the Chrysolite mine are really very promising.
From the'details he gives it would really seem
as if a second contact had been discovered in the
Vulture property. The uninitiated will under¬
stand that ore bodies are usually found in
fissures on mountains or their sides which run
down into the earth. But the Leadville deposits
have been called "fissures on their backs,"that is
to say, the ore has been found in deposits or layers
like coal, and is generally parallel with the surface
of the earth. The mining in Leadville is so far
shallow, aud only one layer has been found.
These developments in the Chrysolite look as if
there might be another layer, and if so the
potential values of the Leadville mines are
quadrupled. The Chrysolite management,
however, discourages any extravagant es^pecta-
tions, and Prof. Raymond warns the stockholders
against any boom in Chrysolite. If this mine
had the advantage of the present excellent man¬
agement from the start, what a splendid praperty
it would have been; but its first managers were a
pack of swindling rascals. The same scoundrels
have had the curious luck of getting possession of
some properties in New Mexico which are said
to be really good, to promise, indeed, splendidly.
But the reputation of the manipulators is so bad
that they can get no one to trust them and so
they will soon probably try to cheat one another.
Our readers will bear witness that in these
columns we have generally been bearish on all
mining properties. In nine cases in ten the
investor looses his money who risks it in mining
shares. But we have said all along that there
were certain districts in which there are great
possibilities. One of them is the Bodie. Bul¬
wer, for instance, looks like a good "proposi¬
tion," as it is termed on the west coast. It has a
mill worth $150,000, it has a surplus of nearly
8100,000 in the treasury and §35,000 worth of
material. Its net income is over §8,000 a month.
Whether the Standard mine continues or not
Bulwer will always be a great customs mill in a
growing district; then there is always a possi-
biUty of discovering something in the mine,
which in times past yielded liberally. The
Standard has yielded nearly §8,000,000 in six
years and its officers declare that it has three
years dividends in sight. Bodie is a mine of
great possibilities. Mono has only a stock value.
The Noondays may yet see very high figures,
for the developments are very important and it
has a fine mill. Oro, Paris and Concordia will
sometime be selling for very high figures. The
Bodie district is in its infancy and has a verj
promising future. About half the mines capital¬
ized, however, are worthless. It is in contem¬
plation to sink a great shaft far to the east, at
the joint expense of the Standard, Tioga and
Bodie.
The Miner Boy is a good mine. Such is the in¬
formation given by a trustworthy person lately
from Colorado. The listiug of the stock was the
ruining of the property, as the sharps who had it
in charge thought more of the stock deal than of
the development of the mine.- It is the old story of
a good mine tampered with by rascals to swindle
the public. But the mine is there and it will be
developed someday, but whether it will be worth
anything to the owners of the stock is the ques¬
tion.
Calaveras is selling higher, due to the report
that the reservoir is full and that the hydraulic
works are in play upon the great beds of gold-
bearing gravel. Now that this property it worth
something it is selling for $150,000. When it was
not intrinsically worth one-third as much it com¬
manded $2 a share on 500,000 shares.
The reports from the Bodie mine continue very
good, and the price of the stock keeps advancing
on apparent merit. They are sinVing a winze in
a vein of ore in the old workings, which runs as
high as $500 and $600 a ton. This vein has been
uncovered at a length of 100 feet, and the winzej is
down over 20 feet. Then the east cross cut from
the 800 foot level is liable at any time to strike a
rich ore body, the same the shaft went through
on the 700 foot level.
The Bobtail mine, near Central City, has aban¬
doned its lower workings, as the ore is too lean
and the cost of sinking the water too heavy. But
it is developing several above ground properties
500 feet below the top of the mountain, yet above
the tunnel at Black Hawk. These may, in time,
amount to something. The Union Pacific is do¬
ing what it can to ruin the mines in Gilpin
County by its heavy freight charges. It de¬
mands $3 a ton for coal carried from Denver to
Black Hawk, a distance of less than forty miles.
The Big Pittsburg people are expecting good
news, but there is nothing as yet to warrant the
stock being quoted at its present figures. The
property is still heavily in debt.
The movement in Little Chief is not from devel¬
opment, but from the desire of a certain part of
the stockholders to change, the management.
There is some money to be divided in the treasury,
after the disbureement of which tho mine will
probably be abandaned.
CISTERN WATER.
We have received frequent inquiries regarding
the use of cistern water for drinking purposes
No general reply can be given that will hold good
mall eases. Under certain conditions cistern
water is found to be very pure, and excepting
tor the flat, insipid taste, is preferable to mos7
well water. First, then, in considerinff w hethfr
cistern water is fit to drink, we ask whether the
roof on which it falls is of tin, woo I, Ipad -t
slate. Are any injurious metals emplnv^d for
gutters or leaders? Is the house surrounded hv
overhanging trees, from which the leave.^ collect
in the gutters and are washed into the cistern ?
Do pigeons or fowls frequent the roof, aud s-.it
It? For these and other reasons it is not advis-ible
to permit the first washings of the roof to enter
the cistern. The cistern itself should he well
made,carefully cemented,and thoroughly cleansed
at least every two years. It should have f ,•< p
access of pure air, not the air of a cellar, and ihe
pump-pipe should not reach too near the bottom
so as to stir up the sediment. It is well to throw
into the cistern from time to time a p^ck of
freshly burnt charcoal. One corner of the cis¬
tern may be walled off with porous brick, so as
to strain the water that passes through, and the
pump-pipe may be placed within this little cell
Lead pipe must under no circumstances be placed
m a cistern, because lead is attacked by soft
water, and here both exterior and interior are
exposed to its action. Iron is less objectionable,'
but It is preferable to have it coated within and
without with asphalt varnish, or, better yet, with
india-rubber. When cistern water acquires a bad
smell, stop using it, except for cooking or making
tea. If It is during the dry season, when you
cannot afford to pump it out and cleanse ifc, try the
addition of charcoal and forcing air through it.
Usterns out not to be in close proximity to drains
and cess-pools, although they are much saf er than
wells simUarly situated.—.Bosion, Journal of
Gheimstry. ' .....â– â– â– ... r j
THE BROOKLYN BRIDGE.
Mr. W. A. Roebliiig, Chief Engineer of the
Brooklyn Bridge, states in a recent report, in
giving a detailed account of what has been done
to strengthen the superstructure, that the aggre¬
gate strength of the wire composing each of the
four cables, has been estimated to be 12,300 tons
(of 2,00') pounds) and the elastic limit two-thirds
of-that amount—namely, 8,200 tons. ,Mr. Roeb-
ling gives the total weight of the bridge, includ¬
ing the transitory load, as 17,780 tons, from an¬
chorage to anchorage—3,460 feet. Mr. Roebling
adds: "It being the wish of the board, as
shown by the resolution annexed to the report of
the committee, of which Mr. Kinsella was chair¬
man, on the 6th of May, 1878, that the bridge
fehould be adequate to the passage of the Pullman
car, it became incumbent upon me to provide
the necessary truss power with which to transfer
the concentrated loads and to check the increased
deformation of the cables resulting therefrom."
He explains in great detail what he has accom¬
plished, and finishes the report with the words:
"The cables are strong enough to pull up the
two anchorages."—Manufacturer and Builder.
THE ASSESSMENT COMMISSION.
New York, March 30.
To the Editor of The Real Estate Recobd:
I desire to call attention through your columns
to the tardy action of the Assessment Com¬
mission. Instead of flnishing their labors in six
months they: have already been granted two
extensions of six months each. As there are but
three kinds of work to be considered, viz: i-egu-
lating, paving and grading, the labors of the
Commission should be easily finished up.
While the Commissioners are drawing $3,000 per
annum, the unfortunate property owner, whose
old assessments are still unacted upon, have their
property so tied up that they can neither con-
viently sell or improve their holdings.
One of the Sufferers.
LIABILITY OF LANDLORDS.
Judge Barnard has decided, in the case of Mary
McGuire against William Spence, that; the fact
of property being occupied by tenants does not
relieve the owners from liability from damages
to life or limb that may result from any negli¬
gence upon their part, in not providing all proper
precautions for the safety of foot passengers.
It is interesting, and it may be instructive to
some, to learn that certain kihds of wood, al¬
though of great durability in themselves, act
upon each other in such a way as to produce
mutual destruction. Experiments with cypress
and walnut, abd cypress and cedar, prove that
they will rot each other while joined together,
but on separation the rot will cease, and the
timbers reuiai'i perfectly sound for a long period.
—Manufacturers^ Gazette.
OUT kmm THE BUILDERS.
R. Rosenstock is at work on the plans for ten four-
story brown stone flats, 29x77x100, to be erected on
the southwest and northwest corners of One Hundred
and Twenty-flrst str<-et and Fourth avenue, five on
each corner. Owner, Lotiie L. Dean. Cost, ShiO.OOO.
Mr. Ro.senstock has also prepared plans, for the same
owner, for the erection of six three-story brown stone
houses on the north side of One Hundred and Twenty-
flrst street, 10') feet west of Fourth avenue. They
will be 14x6) each, and cost, $80,000.
J. G. Houston propo.sea to erect six four-storj brown
stone flats on the northwest corner of Oue Hundred
and Twenty-third street and Fourth avenue. Tliere
will be one 20x76, and four 30x70, fronting on the
street, and one ou the avenue 81x55. The architect is
R. Roaen.stock, and the cost of the improvement will
be$l^,noo.
Messrs. Carter & Ferdon have the plans in hand for
a Gothic cottage, 30x38. with an extension, to be built
at MoUnt Vernon by Mrs. Q. R. Richardson, at a cost
of $4,000. The same architects are preparing plans
fof a brick store, 30x45, for John .J. Fay, to be erected
at the same place at a cost of $3,000.
Mr. Moran proposes to build an extension and con¬
servatory to his house in One Hundred and Twentieth
street, between First and Second avenues. Architects,
Carter & Ferdon.
G. Robinson, Jr., is preparing plans for the erection
of fl.ve four-story brick and brown stone residences on
the southwest corner of One Hundred and Twenty-
seventh street and Madison avenue. These houses
wiU be first class in eVery particular, and will ba of
various dimensions, ranging, from 18 to 22 feet front,
with a uniform depth of 50 feet and an extension of
12 feet. Owner, James Floy. Cost, $100,000.
F. Schuck proposes to build three flve-story [flat
houses on the north side Fifty-seventh street, 175 east
Third avenue. They will be 26x61.6x100.5 each.
Architect, John Brandt.
Victor B. Dispiirris will build a seven-story apart¬
ment li9U?e, 53x71,5x75.5, on the southwest corner of