The evening world. Newspaper, June 20, 1914, Page 5

Riad oe ean EVENING Wo arunpay, su} xe ae camel ein te 20, 1914. Building of the Home ' As a Matter of Economy Bronx Operator Who Is Distributing Huge Par- cele of Building Lots at Auction Shows How Homes Seekersyof the Past Have Found For- tunes by Acquiring Property at Low Prices on the Outer Edges of Northward Expansion. Vi Rates 6 Amalgamated Copper 7 American Can, pf.... 7 American Car & Foun jel Leadin, Present Selling Pric ‘an ph Expres is: Eats FS PEELE TSE OE PEE Pee brs be ee 10 Canadian Pacific 6 Consolidated Gas 7 Great Northern, 10 Lehigh Valley.. New York Central Northern Pacific Pennsylvania . Reading ..... Southern Pacific Ze = Ext errr fir. West oat Buel & ther. * a Be PShENS Boss xti YOU HAVE SEEN THIS YOURSELF + The STORY of JUNE 23rd, 1914 CHAPTER XII. Wuy You SHoutp Buy ReaL EsTaTe OU can try flying if you want to, but you've got to get down to earth sometime Market Closing—A break in Rock | Island issues checked advancing movement in market in second hour and little atention was paid to favor- | [30% able forecasts of rate decision. Clos ing prices showed small fractional | advances all through the list. Decline in Rock Island issues was | partly due to talk of litigation and partly to uncertainty regarding divi- | dend quality of preferred stock which | } in to be basis of exchange for the collateral trust bonds and for the stocks of the holding company with | Piterd ited & little common stock on the side. While new preferred stock Is to be a@ 7 per cent, issue it is non-cumula- tive and it was questioned whether dividends would be paid on it untit surplus earnings had been expended | { BY J. CLARENCE DAVi Homi" seekers and fortune @hould awake and look around. This is the time and the place. Te te the psychological moment’ for @rasping just such opportunities as bave proven highly profitable in the pest. Buppose right here in Now York City, Just off Broadway, with a few Dundred dollars, you could buy a few dots for a third or a half of what they ere selling for in the neighborhood, then put up a house and see the pro; erty increase steadily in value—isn't ‘that good business What you want is a little castle of your own, built at a @mall cost to eult yourself, on high, Realthful ground, within the city Nmits, with plenty of fresh air, green feere we cere F kers 2B. cree Ereres aed SEDAVIES. FACTORY COMMISSION TO HEAR GRIEVANCES ON STATE LABOR LAW READ— PEPE, sae LF Fes: Fa SEEPS aie anit BLL. & 4, v. PPE = Y grace and trees—a park near by with tennis and golf or other favorite @ports, where your children can grow on the road to pretty large amount. Suggestions for Changes to Be Opening was dull and listless; only 2Be Studs eae SESErS or other. Take it all in all, it’s a pretty good place to be and have a little of —if it’s the right kind. a few issues wero dealt in. Rock Island opened % point higher at 3 and the preferred % up at 4%. Foreign trade statement for May showed imports exceeded exports by $6,230,000, whereas last year exports excended imports by $61,126,000. Coming after the bad showing made in April the figures excited bearish comment and Jed to the bellef that the gold move- ment might be resumed. Toward end of first hour there was some increase of activity but business was. still confined to a few stocks, Stcel was strong and Union Pacific was leader ‘Considered at City Hall Meeting on Monday. up in a good eocial atmosphere, ore Jets will increase in value from 10 to 99 per cent. a year. Then, when your ohiMrea are married, you can forget your house, sell your lots at a great and have a nice little fortune fer olf age. That is exactly what has Been done over and over again by “ thrifty people in this city. Follow the growth of the great city along Broadway. After the first eet- The right kind of earth to live on—to make money out of—is right here—in this little Town—directly on the line of its northerly growth along Broadway. This City is growing at the rate of 17,000 people a month. The best kind of Real Estate to have is in the vicinity of such centers as Broadway and 34th, 42d, 59th, 72d, 110th and 181st Streets, etc. The Broadway City-Line Property will be one of these centres. It’s at the beginning of Broadway—at the entrance to the City—at the beginning of Van Cortlandt Park. geeieerd.se.2zrs. BteSERE FP The State Factory Investigating Commission is to meet here next Monday in the Council Chamber in the City Hall to listen to criticisms of and suggestions about the State Labor law. Lieut.-Gov. Wagner, chairman of the commission, has re- ITEMS FOR INVESTORS. Southern Railway's earnings de- clined $24,498 second week of June, From July 1 total increase of $875,- 888 In shown. A petition is being circulated on tlement at the Battery, in 1613, it had feached Pine street by 1700 and Bar- @lay street by 1800. City Hall was Dullt In 1809 with a marble front and “Brownstone rear because the wise men of the day never expected ¢he @ity to grow further north. But by 1860 Broadway had grown up to Thirty-fourth street. In 1875 tt was at Fifty-ninth street; by 1900 it was at One Hundred and Tenth street, with Harlem establishing a city at One Hundred and Twenty-ffth street. ‘Then with ene subway came a rapid etride from One Hundred and Tenth to Two Hundred and Seventh streets im fourteen years. We have elevator aparimenta at Broadway and Two lundred and Twelfth street and five- tory apartments as far north as Two Hundred and Thirty = third) etreet. BETTER TRANSIT HA NS! , OUTWARD RUSH OF HOMES. In Colonial days a ride to Canal gtreet was quite a trip; to Harlem a Journey. Then came stage coaches, wi transit, horse cars, elevated ads, cable cars, electric trolleys, @ubways, clevated expresses. You can, go to Two Hundred and Sixty-second | street and Broadway faster to-day than you could go to Canal street in the olden times. And the quicker you ean get to a place the more accessible | It 1s, the faster it grows, the more waluable becomes the land, Watch) gceessibility along the favorite lines! of city growth and buy land in the th of transformation {f you want ig profits either for homes or for investment. Pecullar to New York has been the Settlement along the east side. The! first residents began |t—the tmmi-| grants settle there now. Hut as soon aa the early settlers began to learn, they moved toward the west side and along Broadway. They are doing the Game thing to-day. It was not long before the people Jearned, too, the value of parks and the gdvantages of ilving opposite | them: There was the Bowling Green at the start, then the Schaape Waytle, or the public sheep pasture, which cepted the site of the Wall street ‘of to-day. Then homes clustered ground the parks on the march of the generations northward, Land values Feflected the derirability of park frontages. A corner at Broadway and Fifty-ninth street, which sold at auction in the early days for $875, Is worth from $200,000 to $490,000 to. berause it is opposite the Central § Parkentrance. On Fifth avenue, Poalte the park, lots which sold at ayetion for $500 are worth $200,000 to 000, On the site of the Plaza tel, where lots sold at auction for 75, a mere voom which faces the park Is worth $6.75 a day FORTUNES BY STEADY RISE OF BROADWAY VALUES. Broadway long since won fame an the backbone of New York real estate, It has been a veritable gold ine for early land buyers. Lote mm that great thoroughfare between orty-first and Forty-third streets, ahich sold at $2,500 to $3,400, are now worth $300,000 to $600,000. Between Forty-fifth and Forty-sixth streets lots sold at $1,000 to $1,300 each and they are now worth $250,000 to $400,000, Between Fifty-seventh and Fiftty- pinth streets lots which sold at $600 to $1,500 each are worth $250,000 to was born at the Battery wing along a stretch of fteen mi! steadily Inte Yonkers, from which !t bi clear field north- ward to Albany. New York may ‘well say that its own Broadway rests with its feet in the oll, coal und gold district of the earth at Wall street, fts limbs in the clothing district, its mach among the lob palaces of e Great apie wey “a jones breathing the invigorating air of the ‘ks, ite head on the high ground the city line. ‘North from Two Hundred and For- tleth street to the city line, the east aide of Broadway is covered with Van Cortlandt Park, leaving the west side only for development. Where else in all New York City can you buy a ecuple of lots cheap enough to put up @ private detached dwelling with Sach chances of future enhancement? ‘Within the next five years, apart- mont houses ere sure to be built along Broadway opposite Van Cortlandt | suse elevator apartments Ing down to that Broadwa ait is fr ceived many complaints from real es- | of the railroads. tate owners and others that certain provisions of the law are too strin- gent, while, on the other hand, many persons and organizations complain that certain provisions of the law are not stringent enough. Two hearings a day will be held here from Monday up to and includ- Ing Friday. The commission will sit in Buffalo on July 6 and 7, in Roch- ester on July 8, In Syracuse on July 9 and tn Albany on July 10. The idea of the hearings is to give all persons in any way affected by the labor law an opportunity to offer ideas for amendments. In many respects the law is in the ex- perimental stage and practical | 8 are needed for its tmprovemel Representatives of bodies will be on hand ing session next Monday: ‘The Real Estate Board of Brokers, the Allied Association, the Allied the Manufac- —_—_ NEW YORK COTTON MARKET. ry The market opened lower. 8 to 15 points decline. ———.—_ — nik Reserve @39,839, the open- ani Rera $38,839,250 reserve 11 gal requirements. ‘This in $3,471,950 from last wee! turers and Busines: tion, the Bullding Trades Unton, t! Allied Printing Trades Council, he mittee on Safety, the Consumer's Teague and the Child Labor Com- mittee. Ses ELECTROCUTED ON POLE. ndreds See Lineman Killed on in several American citie ing to-day one of the ape: Reynolds, a former Asi Attorney of New York. ers was J. B. Staten Island. Thomas Howard, n lineman employed by the Richmond Light and Railroad Company, was to-day electrocuted in the alr above the corner of Crescent avenue and Jersey street, New Brighton, | Staten Island. Hundreds of persons saw him killed | and his body thrown across the electric | light wires overhead, For a half hour! the dead man swung on the wires whil: | word was being sent the company to cut off the power. The voltage was so great tn the live wire that his death was in- stantansous. Howard was engayed tn putting In a| new tranaformer on the pole just above | the feed wires when he touched the-live wire. He was twenty-two years old and lived at No. 28) Richmond Terrace, Port Richmond On JULY 2, 3 and F. Baer Was Worth 83,155,000, PHILADELPHIA, June 20.—The in- ventory filed tin Reading by his execu- tors shows that George F. Baer, late President of the Philadelphia and Read- Ing Railway, leit Property worth: $3,055,000 and real estate valued at By his will, which was admitted several week er “TZ” EASES HOT, SORE, TIRED FEET Nopuffed-up, chafed, tender, sweaty feeu—no corns persona Returning Same Day . RURAL SUM! H. 1 When your hot, tired, aching feet fecl like paving blocks; all puffed up, chafed, sweaty and smelly, just get from any drug store a 25-cent box of “T1Z"—get the genuine, and begin at once to enjoy real foot comfort. No more sore, burn- ing, tired feet—no more pain in corns, callouses and bunions; your shoes won't feel tight and your feet will never, never hurt or get all tired and swollen, "*TIZ** is great—glorious. Don't disappoint your poor, suffering feet by accepting ing “just as good,” but get ~ A True Tonic is one that assists Nature, Regular and natural action of the stomach, liver, kidneys and bowels will keep you well and fit,andthisactionispromoted by BEECHAMS, PILLS Ferrey 0 City Tis eet Ofice ’ Tieket OMeea: Bronciwiy, 1400, 1286, 40, 08 Park, beca are already at from the city of Yonkers. ana Pe ee © Benoni salar) ae Denar aait TSE ae ear eereten ahem tesla See tr weal se Demand from shorts was encountered on the opening decline to new low levels, and in the absence of aggressive pressure the market rallied at first, but turned weak in the second hour on better ‘The market closer weak pa pian The statement of the actual condition ‘ollowINg | of Clearing House banks and trust com- jes for the week shows that sey LONDON, June 20.—A movement ts on Women's Trade Union League, Com-| foot in London for the appointment of policewomen, following the plan adopted At a meet- ‘ant District- Ef VA the curb, calling for a special meet- ing to be held June 24, by members to Investigate charges alleged against a curb association member. Department of Commerce reports: Imports for May Increased $30,170,936 and exports decreased $37,186,499, compared with May, 1918; for eleven months imports increased $54,380,646 and exports decreased $126,972,463, compared with previous eleven months. May imports exceeded ex- ports by $6,230,814 Rock Inland reofeantzation abol- ishes both holding companies. New 7 per cent. non-cumulative preferred stock to be issued. Chicago, Rock Island and Pacific Railway new preferred, when issued, was bid up from 18 to 40 on the curb, with none offered at the start. Later 1% was offered at 90. First sale was at Common stock in new company quoted 39 bid 40 asked, sold at 37. Rock Island collateral trust 4 per cent. bonds rights and Rock Island preferred righta to subscribe to Chi- cago, Rock Island and Pactfic Rail- way new stock, common and pre- ferred, when issued ara quoted 3% to 5 on the curb. io» Excur Sfon ‘A FALLS 4 $10.00 CHAUTAUQUA LAKE On JuLYsandwuuve. . $21.75 GREENWOOD LAKE .. ++ $1.50 Ask any Erie agent for the following free booklets : ** CHAUTAUQUA LAKE “GREENWOOD LAKE” ‘or eva 60, WALLACE Parnes postage to ger Ageot NEW YORK 4,225, Oho Fit : 234 Street Forres Ch, 8s Court street. SUNDAY EXCURSIONS TO NE\/ HAVEN or Bed a ae iy TAD fen Lase “a4 “ae 00" A.M: due Haren 0) ai, Bante isusice Reetrestinente, bing $1.00. Children, 66 conta, ; UP THE HUDSON Ky Fi low fe Bi ean men ta, cents, Thess ereussions nnder management of FALL RIVER LINE Tiche ea simited thi rs wmiied to halt Ube capac, Pie: om day of excursion, STOP A MOMENT AND THINK—RECALL WHAT YOU HAVE SEEN YOURSELF. FIFTEEN YEARS AGO, Broadway above 110th Street was a dirt road, with Bloomingdale Insane Asylum about the only building in sight. Today, Columbia University is there, surrounded by solid blécks of 8 to 12-story apartment houses. TEN YEARS AGO, on Broadway above 125th Street there were only a few scat- tered houses — today it’s solidly built up. FIVE YEARS AGO, at 181st Street, Broadway and St. Nicholas Avenue was all vacant lots —today it’s a thickly populated apartment house district. THREE YEARS AGO the Dyckman District, around 207th Street, wasa wilderness— look at it—you can see it growing over night—with 5 and 6-story apartment houses, YOU HAVE EYES—you have seen this—you can’t deny these facts—and this, in spite of all the bad times since 1907, And now the good times are coming. The Broadway District today is practically built up to 233rd Street. Broadway ends at 262nd Street. There are only about 30 blocks left on Broadway to build up. Twenty of these can be built upon only on the West Side, as the East Side ie occupied by Van Cortlandt Park. In a few years Broadway will be built up solid to the Broadway City-Line Property. This Property is at the entrance to the City—the Beginning of Broadway—the entrance to Van Cortlandt Park—a Strategic Point. YOU CAN’T MAKE A MISTAKE BY BUYING PROPERTY IN THIS VICINITY — YOU SHOULD DO IT FOR THE SAKE OF YOUR OWN AND YOUR FAMILY'S FUTURE — YOU .KNOW IT YOURSELF, See Chapter XIII Tomorrow. % Broadway City-Line Property’ 197 Lots, Broadway, 262d and 263rd Sts. Opposite Van Cortlandt Park—At Absolute Auction Tuesday, June 23rd, 1914 at the Exchange Salesroom, 14 Vesey Street, at 12 o’clock Savings Bank Books taken as deposit on the purchase of lots. Send for the book J. Clarence Davies, 149th St. and 3rd Ave, Joseph P. Day, 31 Nassau Street Agents and Auctioneers 75% can remain on mortgage for 5 years STEAMBOATS, STEAMBOATS Sia 7 yaa, LPATTEN LINE] (3 Wi 1 3a Haye | Interstete Park 45MiLES UP MUDSO! Failte eee wei Fo W. 284 ot. 10; ILA. § es SAVINGS BANKS, Williamsburgh Savings Bank Broadway and Driggs Ave. Broskira. | very hosp! Notion is, that op and after the fng-house that you have nierest ob the me} g-! 4 to be tree?” PER CENT. 53,899 ve af dhs ee Hae ie was be | WORLD “SUMMER ee = $200 $e 0o,, @ + 0 SMOKE-| Lake Hopatcong $1.00 To-morrow 3} Ly, W. 234 St. 8.50; 11 ‘Jackson Ave,, Jersey Ci Atlantic City $2.50 TO-MORROW Ly. W. 23rd St, 7,50; Liberty St, 8.00 8 m, ckaon Ave., Jersey via NEW JERSEY CENTRA STEAMBOATS. ‘AY Li (ALBANY y P, 1130 AM. #, VACATION IS HERE Did you ever stop where—up near the tle mountal the HIVER m To J debe ile Mo yi 2 before duly 10, 1014, | in aly PANE LDY aahise, AY 2! 4 TO 7, ANDKEW D, HAKLES J. iD To, Aibany by dayilght, ro erarohlighs, Toataat hs Now York Secmday sreestees every night at 6.00 0% nabin avis ion COMPANY,