January 9,1886





The Record and  Guide.





86





to settlement throughout its extent, the Indians will be farming and
creating towns and we wUl have then, if we estabhsh now a line of com-
munifation with Texas, an area greater than Missomd and Klansas com¬
bined, looking to Kansas City as the centre of trade. The Times has no
intention of urging rash entrance into expensive schemes of railroad build¬
ing. The question it wishes Kansas City to ask seriou-ly and thoughtfully
Is, whether to get into northwestern Texas before its trade is diverted in
other directions, is not worth the pains.—Kansas City Times.

The Growth of the South.

The industrial growth of the South during the last few years has been
marvelous, and there is every indication that it is a thoroughly healthy and
permanent growth. South Carolina alone has increased her manufactured
products in the last five years from $17,000,000 to over $38,000,000; her
agricultural machhiery from $3,000,000 to $4,500,000; her agricultural
productions from $42,000,000 to $50,500,000, and her live stock from
$12,000,000 fco $21,000,000. Ifc must be remembered that South Carohna is
not the foremost of the southern States in multiplying her industrial pro¬
ducts. Georgia, Alabama and probably North Carolina surpass her in
industrial growth; but South Carolina has had graver race problems to
solve than any of the other southern States, excepting only Mississippi.
This industrial growth in the South is no sudden or accidental affair. It
is only the beginning of the wonderful advancement the South is about
to make in adding to her own and the nation's wealth. Her surplus of
a full hundred millions this year wiU fit her for more than doubling that
surplus next year, and the next decade will witness the South closely
pi-essing the North in every channel available for her industry. The
South will largely multiply her demand for iron and coal within
the next few years, and furnish fche iron and coal from her own mines and
furnaces; and the day is close at hand when the cotton of the South will
be all spun and mainly woven by her own magnificent water power and
her own labor, fchafc is mat e-nally cheapened by the gentler climate. And
when furnaces and cotton mills dot the South wherever needed, every
form of diversified industry will follow. We hazard little in saying that
the next decade will presenfc a more prosperous industry in the South
than in the North. There are many natural causes to contribute to that
result, and the Southern people are now, for the first time, prepared to
utilize their great advantages. This Southern growth does not mean
paralysis or decay in northern industry, but it means that what the South
can do better for herself than the North can do for her, will be done by
her own enterprise; and the progressive people of the North will readUy
adapt themselves fco the new order of things. The new wealth of the
South will be largely diffused throughout the North, and Southern
prosperitv will mean the common prosperity of the whole country.—Phila¬
delphia Times.





Adrian H. Muller and Son wiU sell afc the Real Esfcate Exchange,
Wednesday, January 20, valuable properfcy on the southeast corner of Sixth
avenue and Twenty-second sti-eefc. Also, fcwo houses, Nos, 110 and 146, on
Twenfcy-second streefc, befcween Sixth and Seventh avenues.

The foUowing are the weekly tables of conveyances, mortgages and pro¬
jected buUdings:

CONVETANCKS.

18?5.                            1885-6.
Jan. 2 to Sine. Dec. 81 to Jan. 7inc.

Number........................................             293                                    385

Amount involved...............................  $4,237,878                        *39,Q63,854

Number nominal..............................              63                                      94

Number SJ3d and 24th Wards..................              45                                      6•^

Amount involved...........................      $56,675                             8190,773

Number nominal...............................              14                                        5

MORTQAGES.

Number........................................             290

Amount involved............................... $2,110,091

NumberatSper cent..........................             H7

Amount involved.............................. $1,257,747

Number at less than 5 per cent.................                7

Amount involved .............................      $62.3'i3

Number to Banks, Trust and Ins. Cos.........              36

Amount involved..............................     $386,250

*Includes transfer of Brooklyn and New York Ferry Co. for $3,000,000.
flncludes mortgage on same fo;- $1,000,000.

PROJECTED   BOTLDINGS.

1885.

Jan. 3 to 9.

.......................                 12

.......................        $156,750





81**

tB4.649,638

153

$1,329,410

It

$260,273

61

$1,134,000





The largest building for which plans have been filed this year is that to
be erected for Ehrich Brothers at Nos. 361 to 371 Sixth avenue, Nos. 110
and 112 West Twenty-third street and Nos. 103 to 109 West Twenty-second
street. Tfc e buUding has a frontage of 115 feet on the avenue, 43 on the former
street and 91 on the latter, and the cost is estimated at $300,000. The
fronts are to be of brick, stone and iron, and the buUding wiU be five stories
high. This will be a valuable improvement to the neighborhood. Messrs.
Alfred Zucker & Co. are the architects.





Real estate owners, brokers and dealers, lawyers, conveyancers and others
who desirft to obtain a fidler knowledge of the great question of land trans¬
fer reform, should read the majorifcy and minority reports of the commis¬
sioners appointed by President Cleveland, when Governor, to consider the
matter. The reports are given word for word, and also contain the bills
drawn up by the commissioners, as well as short fornas of deeds and mort¬
gages, etc., and other interesting matter throwing light on the question.
Copies can be had at the oflice of The Record and Guide, price fifteen
^cents.

-----------------•---------------r

Real   Estate  Department.

While this has not been an active week in real estate circles, there are
•evidences that the holiday feeling has worn off, and that people are begin¬
ning to settle down to solid work again. During the week a number of
pai'cels were sold, though few of them were of any importance. The two
five-story fiats 60x92, at Nos. 334 and 338 West Forth-eignth street, sold for
.$71,925. The three-story house No. 163 West Forty-seventh streefc, wenfc for
$20,153, and the northwest corner of Water and Pine streets, a four-story
brick building, sold for $32,200. A number of parcels announced to be sold
were adjourned. Amongst these were the seven-story flat the''Orienta,"
on easfc Seventy-second street, tUl February 3d; the receivers sale of property
belonging to Ferdinand and Benjamin Mayer, till the 27th inst. ; the front
and rear houses at No. 2.59 west Forty-first street, tiU January 28th ; the
twelve lots on One Hundred and First street, west of First avenue, tiU next
Tuesday, and the lofc and frame house at 108 east Eighty-third street, till
next Thursday. The sixteen lots on One Hundred and Third, One
Himdred and Fourth and One Hundred and Fifth streets, easfc of Sec.
ond avenue were withdrawn. Next week the auction sales promise to be
more numerous.

Richard V. Harnett wUl seU on Tuesday next, the 12th inst., the tenement
and store properties at Nos. 844 to 852 First avenue, situate on fche norfch
east corner of Forty-seventh street, and Nos. 403 to 407 Easfc Forty-seventh
street adjoining. He wiU at the same time seU No. 128 Broome street, near
Pifcfc, and the northeast corner of Baxfcer and Bayard sfcreets. This is a Sup.
reme Court partdtibn sale. Mr. Harnetfc will also sell on Thursday, the 14th
insfc., a desirable building lot on One Hundred and Fifth sfcreet, wesfc of
Fourth avenue, the sale of which is absolute.

Louis Mesier will seU on Thursday next, the 14th inst., fche valuable busi'
ness property, No. 58 Broadway, situate on the northeast comer of Ex"
change Place and extending through to Nos. 25, 27 and 29 New street. He
wiU also sell at the same time. No. 737 Broadway, extending through to Nos.
294 and 296 Mercer street. This is an executor's sale. The properfcy is of a
kind seldom thrown upon the market. It is choice business real estate, and
the sale wiU no doubt be largely attended.

Charles S. Brown will seU on Wednesday next, the 13th inst., twelve lots
situate on the Grand Circle, Eighth avenue, Fifty-eighth and Fifty-ninth
streets. They have a frontage of 155 feet on the circle, and 200 and 114
feet on the two streets, and will be sold in plots. TMs property is k
%»lendid site iot btiUdtag purposesi) and id mire to be competed for ^Yet^fi





No. of buildings.
Estimated cost...





1881.
Jan. 2 to 8.
40

$887,200





Gossip of the Week.

M. B. Baer & Co. and J. Romaine Brown have sold for the PhUlips
estate the plot on the southeast corner of Broadway and Thirty-third street,
with the four four-story business buildings thereon to Mary E. Hanley for
$218,500. The property has a frontage of 68 feet on Broadway and 75 on
on the street, being 51 and 60 in the rear irregular, 4,032 square feet in aU,
It is understood that the property wUl not be improved at present.

Wm. Rankin has sold twelve lots on Fifty-second and Fifty-third streets,
20O feet west of Ninth avenue, six on each street, for $7,500 each, a
total of $90,000, to John M. Ruck for improvement. Broker, P. C.
Eckhardt. Mr. Rankin purchased the lots recently for $6,500 each, a
total of $78,000.

Scott & Myers have sold for W. J. Merritt the three-story brick dweUtng
No. S45 West Seventy-fifth street, 22x55x103.2, to Jane L. Richmond.

John J. Coady & Co. have sold for Laura Manley five lots on tbe south
side of One Hundred and Twenty-fom-th street, 175 feet east of Seventh
avenue, to Newman Cowen for $30,000.

S. Thonason & Son have sold for Wm. H. Simonson the four-story brown
stone single flat No. 307 East One Hundred and Sixteenth street for $16,750.

Yenne & Falk have sold for George Lehmann the five-story brovm stone
tenement and stores No. 1333 Second avenue, 25x60x72, for $23,500 to Mr.
Manheimer.

M. McCormick has sold for Jacob Jenny the four-stoi-y brick tenement
with stores No. 227 Easfc One Hundred and Eleventh street, for $17,C00 to
Mrs. Henry Otte.

C. L. Wolfe has purchased the premises No. 904 Sixth avenue, 22. .53^x75,
for $36,000; and D. W. Bishop the adjoining houses Nos. 906 and 908, 44x75
x77.5, for $72,000.   Broker, J. R. Waterlow.

Parsons, Scarlefcfc & Co., merchanfc fcailors, have leased the store No. 398
Fifth avenue from P. E. Guerin for a term of four years, fi'om February
1st, 1886.   Broker, George Day.

The Madison Avenue Congregational Church, comer Forty-fifth street
of which Dr. Newman was formerly pastor, is for sale. The trustees are
asking $200,000 for it.

Wilson J. T. Duff has sold for Andrew J. Kerwin the house No. 1643
Park avenue, befcween Ninefcy-firsfc and Ninety-second streets, 17..3x55x
77.4, for about $17,.500.

J. B. Ketcham has sold for J. M. Pinkney the fchree-story brown stone
house No. 51 Wesfc One Hundred and Twenty-fifth street, 18.9x50x100, for
$18,.500, to Mr, Roe.

B. Flanagan & Son have sold for John RusseU the three-story high
stoop brown sfcone dwelling No. 259 Wesfc Twenfcy-second streefc, I8.9x4.5x
98.9, for $13,500, to H. F. Lowndes.

P. C. Eckhardfc has sold three lots on the south side of Forfcy-eighfch
sfcreet 100 feet east of Ninth avenue, 75xlC0, for $37,000, to John Mul-
gnw and Alexander Moore.

Geo. R. Read has sold the five-story brick tenement and stores No. 380
Third avevue, 25x112, for $52,500, and for the estate of John B. How the
four-story stone front houses Nos. 25 and 27 West Twenty-sixth street, for
$60,000, to John Patterson & Co.

Meinhard Bros, are the purchasers of the premises No. 603 Broadway,
reported sold last week.

HUson, Poster & Co. have sold the four-story stone front stores and
dweUings on the southeast corner of Third avenue and Ninety-fifth street,
50.4x65x100, to Morgan J. O'Brien for $50,000. The sale of this property
to HUson Foster & Co. for $46,000 was reported last week.

E. Balmforth has sold four lots on the south side of One Hundred and
Thirty-second street, commencing 125 feet east of Seventh avenue, for
$22,000.

Two certificates, each representing ten shares of the stock of the Real
Estate Exchange and Auction Room, were sold on Wednesday, afc auction,
for $1,040 and $1,035 each, respecfcively.

Geo. C. Edgar & Son, nofc J. H. Steinmetz, has purchased from J. P.
Huggins four lots on the north side of Seventieth street, 200 feet wesfc of
Ninfch avenue, for improvement.

Francis Lahey has sold the plot on the northeasfc comer of Sevenfcy-
second street ahd Lexington avenue to a down-town Hebrew congregation,
who intend to build a synagogue on the site.

Victor Freund & Son have sold for Joseph I. West, the three-story high
^»opmsrble front dweUingj 163£50xlOO(, foif $7,500j and the   four-story