The Sun from New York, New York on January 2, 1916 · Page 48
Get access to this page with a Free Trial

The Sun from New York, New York · Page 48

New York, New York
Issue Date:
Sunday, January 2, 1916
Page 48
Start Free Trial

THE SUN, SUNDAY, JANUARY 2, 1918. BIG INDUSTRIES FOR LONG ISLAND CITY Br NEW YORK BUILDERS TURNING TO QUEENS Apartment Section Along New Transit Lines Future Field of Labor. MORTGAGE MARKET NEW SUBWAYS TO BE POULTRY NOTES REALTY'S WEAK POINT USED THIS YEAR ft! Many Concerns Locnlo There Because of Advantages Not " Found Elsewhere. iir MintAKi. !.'. Country wide licttrnnent In general business conditions Is retloeted In many ways right here In New Vork, lint In no lipid of endeavor I that betterment more apparent than In tho Industrial development of Iong Inland City. To say that Ixing Inland City Is rapidly working up to a point of most intenslvu Industrial development Us a result of Improvement In practically nil m.itiuf.iiturlng Indus-tries would be merely to state nn opinion which Ih supported by facts. But when 1 say that this unparalleled growth Is a result of general business betterment I must ndd that It Is tos-elblo been uu comlltloriH In Long Island City make It so. In other words the manufacturers of this country who seek the greatest and best markets have come to tho conclusion that no other place offers them tho advantagm which are. to be had thete. First Is low priced land, of which there still Is nn abundance. Next Is tlm actual presence of tho greatest labor market In the world In which skilled or unskilled nun may bo bad almost without number ror any II y r.llWARII A. MAODOUGAM., 'resident of the Qeensboro Corporation, It Is Important to Queen real estate development that many of the big operators ami operating companies In Manhattan, the llronx and llrooklyn are now active In tho development of Queens Borough. During the past year the American Heal Estate Company from the Bronx nnd the Matthews Building Company from the lUdgewood section of Queens and Brooklyn, after a careful study of the situation, have decided to make long Island City, tho scene of their activities. Before another year his passed Queens Is likely to seo most of the building and oieratlng concerns best known In the development of high class residential sections In nil parts of the city actively engaged In this borough In supplying the almost unlimited demand for apartment houses. There Is room for all or tnem kind or grade of manufactured article. ' and more too, for while the renting of Not tho least or the twvaniiigin iong , apartments io-iay is tor anwu m cuir Island City offers Is that a concern may structlon when the new dual subways In-have Its olllco In the bulnst part of Man- Uo Queens ore opened next June there ,t,if, i.i .n.i nnd be more than ten 'win he such a rush to this nearby In- minutes distant from Its factory, via the ' expensive section that the best efforts Queensboro ubw-ay which now runs cf builders will not be able to cope with from Forty-second strict. Manufacturers have concluded that Ixwg Island City Is the best place In the country to locate their plant. This statement Is based on the furl that during' the last eighteen months we have had four of the lamest concerns In their I respective lines settling In the I'egnon Terminal nnd to-day we have negotiations pending building up practically all of our remaining land with modern factory buildings for some of the largest Individual Industries In the country. It was less than two years ago that we completed the physical development of our property anil closed the contract 'for our first building operation the erection of tho great I.ooe-Wlles plant, the largest concrete building In the world. That concern lecldd to locate In the Degnon because by means of a termlnnl we could put them In touch with every trunk line In the country and because by means of ,the dredging nnd bulkhendlng of Hutch Hilt canal right Into the heart f our property wo made It possible fir them to ship by and receive from any steamship line In tho port of New ork. '.These Improvements and the proximity of Manhnltan Island with Its great mar-kit brought more Industries to us. Ihe American Ev cr Heady Works of the National Carbon Company iulckly saw the ndvnntages offered ami located Its big plant there. Next followed the Brett Lithographing Company and the Stude- baker Company. Tlu-e concerns are nil housed In the Pegnon Terminal now. and we have started a great structure for tho use of the Koine Metallic Bedstead Company. . ., , Within a con paratlvely short time I expect tho upbuilding of our terminal will lo completed. We are negotiating Tor iv huge bulldlr. for one of the largest -in, ...iniiif:ietiiriiig concerns In the V l 1 believe that all the wonderful records of the Bronx and Brooklyn during the lust few years will be greatly surpassed In the development and eerttle-mmt of Queens during the next decade. One of Hie most reassuring features of the outlook In Queens Is that capital Ij ready and willing to back the big operations planned. It has been demonstrated that apartment houses of the tvpe found In Washington Heights nnd I,', iiMiMr sections of the Bronx pay well In the sections of Queens adjoining the new dual subway lines. The Queensboro Corporation has already erected n number of high class niartment houses llvo stories In height, comparable In construction nnd finish with lilt. Iiest nf those In upper Manhat- ton and The Bronx but having consider ably larger rooms, ft betterment permuted to us by the comparatively low cost of our land. It was possible to rent Hima buildings at from two to three noi lars a room less than builders have to obtain In other parts of the city nnd still to realize n greater percentage of profit on the Investment than Is had In Manhattan or The Bronx. A number or these apartment houses have been sold because or tneir invesi iill'ltttles. With the assured success of high class apartment construction we lire convinced that the building and permanent Inm Institutions nre now beginning to look to the rapid transit sections or Owns for a new field ror tneir operations. The Jackson Heights Apartment Corporation has been organized under the auspices of tho Queensboro Corporation with a capital of $250,000. nnd have nireidf commenced the operation of six in-root five story apartment houses, each to accommodate ten families, and are planning four more ;r..foot twenty fam ily apartment nouses in inn spring. tm. In rnn rrml Lrm nf th fftClOrV L'nlte.1 St. it cm. A maker of cotton fibre bul(1nK which assumed Rueh Innce pro- goods tor lining nun portions Detore tne i-.uropean war nnnw- hose and for similar puri-oso his "bout nut m the vicinity of the great Pennsyl-declded to havo us Improve a large block . vana yar,is where so many large plants of our property for him. This structure aro ow er(,'cted. The near approach of will bo even greater than the I-ooe- ,,1p, completion of the New York Con-Wiles plant, a $2,000,000 building. On tlwtin(; Railroad will give these facto-,or the most Important operations we ex- rP!l ,nrect rail connections with the ipect to have under way soon Is a build-1 preat New Haven nnd Pennsylvania sys-'ing for n mall order house which will re- terns. Many Inquiries for factory loca-(julro 1.150,000 euii.iro feet of space. A 1 tlons have been coming In. and several largo Western storago house Its nego- barge concerns bave made leases on (tinting with us for a whole block of buildings to bo erected within the last property on which Is to be erected n , month. truoturo containing SOn.OOn squ ire feet The near completion of the rapid tran-of floor space. 1 expect that most of these pt lines nnd the activity In factory operations will ie cioseu soon aim mm 1 ntuming in mm icai) wumv i the building iieratlons will be start ed In activity In tho real estate market during the "early spring. 191G than for a number of yearn past. ' MARKET LIMITED; INVESTORS INACTIVE f . Cmitinurrt from Fifth Pap: cellng out of the land of the Loyal L Smith state to builders of six sttry ppartmcnt houses. A new development was tho opening of the .1. Hood Wright property on 1'ort Washington avenue to Improvement with llals. Still further to the north In the Hyclsman Motion, speculative builders h id n god season, having bought land, erected Hats, rented them quickly, ami In many cases sold them or traded them at substantial protlts. Practically the only new development of note In the Bronx was the beginning of speculative activity on and near the Oraml Boulevard anij concourse, .vciiv-ttv of boomlike proportions has prevailed there for the lrit twelve months, based '.on the probability or n big demand lor apartments as soon as tin- .uronio avenue extension or the Lexington avenue HUbway Is completed. This ..ctlnn, how ever, did net have a monopoly of activity, for trading was active In nil parts or the borough, resulting In the erection if a creator number or Hats during r.U" than during the picci-dlng year. 'Hie Bronx was esp. dally f.ivmwl by lenders. who seemed ready to iterations !ln iinv nart of the boiough boicleiing on ( rapid' transit lines completed or under com-lructlon tneir i.i.ui im "een justified up to this time Is Indicated In the oulck renting of the new houses and the numerous hales of mu-Ii properties to Investors. Tn Brooklyn nnd Queens trading con lnued olong familiar lines. Theie wn extensive buying along new transit routes, followed by the erection of unaitment buildings nucl ope and two famllv hoiiKcs, The opei.lng of the 1'ourth nveniie-Conev Island subwny cave grtat liupetiis to such iii'Hvll.v la Hrookln and has lesulted In the up building or a number of new neli;hlor hoeds. .Mot of th new' u s are being rented rapidly at whleli tnake them good Investneut pioposltlons. Iiut a seeming relm taiice on the p.irt of Brooklyn builders to let tin world Know of hi wales they have to sell has kept the investing public fiom looking upon then- prupeities as wood Jitirchil.'es. One of the mot notable features of the lliooklyu dm lug Mi" l.i"t and at as -gooa rates oi return wiui u go.xl possiliumes lor incrense, mi- nhere- In, tho greater city ! In raci, op-nortunltles for making money In real estate were never better than they are to-day. In every grade of porperty ann every part of the city conditions nre more favorable than during the memory of the present generation, for profitable Investment. Prices of nil properties are lower than they were since before the beginning of the Inst boom and the supply of new, well rented, good Income producing properties was never much better than now, Many owners who cannot et figure their properties on the lower basis of vulues established during the lat few years are one of the stumbling blocks to the resumption of active trading: Inability to finance, build lug operations In the present market Is another nnd between them they have caused much of the recent depression. Kor the new year the outlook Is better than was tho outlook tit tho beginning or the year Just past. Of recent months there has been a decidedly better demand for rentable space which has made an actual need for more construction in many sections. Improved business condition In many lines throughout the country have resulted In much money being made which will seek lelnvestment. Olllclnli who nre charged with the enforcement of laws relating to buildings and building construction aie showing a more liberal attitude and a reasonable desire to cooperate with realty Interests to have new laws made that will relieve real property of many of the abuses from which It now suffers. Kcouumy, with the eventual idea of lowering the tat rate. Is patt of the platform of every elective olllcer In city and State. These are i-ome of the reasons why real estate trading should be oetter this year than It was during he lnt twelve mouths. On the other hVind, c pltal l likely to continue to refuse to coinntl. Itself permanently whlln the war In Knroi continues with Its many possibilities of embroiling this country. In addition money Is likely to be larking for financing real estate us long as roie.ign governments are norrowers here willing to pay higher rates than leal estate ran hope to pay. Continued from Fifth Page. figures vouched for by the Interested persona the loan represents only 40 per cent, of the value, and on that basis It Is not remarkably cheap. For the rest of the financing tho owner of the land probably goes behind with a large sum at perhaps O'i or G per cent., making the average rate of. Interest from CVi to 6V4 per cent., which Is the rate on most loans made during the Inst year. Of 4 'A per cent, mortgages there have been about a dozen during the last two months, ns ngalnst about twenty during the same period In 11)14. The amounts In both years were about the same. At the lilgher rates of interest the number nnd volume of loans recorded during tho last year have been o close to those of 1914 that to find great Improvement In the mortgage market would be a difficult task. Dur- ng 1914 a total of 4,000 mortgages were recorded In Manhattan for a total amount of $120,000,000, while last year 4.2DO loans wero recorded for a totni of $100,000,000. What Insignificant sup port the mortgage market has given real estate can best be reauzeu w-nen k Is stated that In 1912, which was con sidered a remarkably) poor real rotate year, 6.000 mortgages were recorded, but of course that included Manhattan and The Bronr for a total of $290.-000.000. and In 190.". the banner year. the figures were 20,000 mortgages for a total of $476,000,000. In li&, last year. Manhattan and The Bronx to- gether obtained S.000 loans ifor the small total of $18S,000,000. or less thnn one-half of the 1912 total. It was lust one year ago that real estate men were crying down city olll-clals because of tho $100,000,000 loan closed by the city at a fi per cent. rate. which many declared wouki oe tnuen from channels which ordinarily flowed into real estate loans. What, then, Is to be said of the recent Anglo-1-rench loan for $500,000,000, most or which was subscribed for right here In New Vork at nrlces which will net the Investors nearly 8 per cent.? It Is not to b doubled that real estate has suffered to a great extent from the marketing of the bonds on which that loan Is based, nor Is It to be doubled that other great foreign loans will be made to tnke mure money from Its legitimate and ordinary pursuits during the next year or two Willi such Investment opportunities real estate cannot comiete, for the normal rate for real estato loans H ' per cent.. and i per cent, comes near to belns prohibitive. The present season I" one of unnin1 opportunity for thore Institutions that nre restricted by law In their investments. Those that can make real estate loans find that they cm obtain better rates than ordinarily and aro taking a comparatively larger amount of the total business than for a long time past One of the features of the current mortgage lending Is the largely Increased number and total amount of loans made by banks anil Insurance companies. That the lending Institutions view the outlook with little optimism Is retlected In the recent nttcmpts to force amortizing mortgages on New York city It Is not to be denied that In certain conditions and under certain circumstances repayment loans are to be desired, anil that In the long run they will be to the advantage of all who own mortgaged property. Though protection of the lender was said to have been the theme at the recent conference of lending In stitution otllcers over an amortizing plnn, It might possibly have been added that another reason for working out a repayment mortgage scheme was the Inability of these Institutions, or many or them, to tlnd money to lend. Lend ing money on real estate with nil Its modern ramifications is good paying business, anil If some of the Institutions that have many millions out on bond and mortgage could now collect 1 per cent, annually and rclend It their protlts would be materially greater. The plan for amortization which probably will be put into operation during the present year originated with the lending Institutions and not with borrowers. Of the latter class there are many who would have availed themselves of such n provision hail lenders heretofore looked with favor on the Idea. The big companies have waited, however, to comdder such n scheme until a time when their own mistakes, coming back tn them In the form of properties tnken In foreclosure, they have fastened upon a plan whereby they imvi eat their cake and have it. The fctllng Is widespread that had these Institutions been guided not only by law but by reaon as well their loans would not have been so out of proportion to property values ns to have caiu-ed the great readjustment recently seen In the fori closure sales. slder equally as good ns amortizing loans Is State supervision of waving hank and institutional loans. They decl-ire that the law Is too loosely drawn and that It can be stretched to almost any extent. Lvidcnco lo Justify this belief Is not lacking In the records of forced sales during the last year or two. Perhaps a combination of amortization nnd State supervision in the best plan. lor under It protection would he offered to nil concerned Continued! from Fourth Page. $164,000,000, the Interborouch Rapid Transit Company $68,000,000 and the Now York Municipal Railway Corporation $14,000,000. Tho year 1910 has seen the completion and opening of the Fourth avenue sub-wny from tho Municipal Building In Manhattan to Coney Island. Karly this year the extension of the subway from Klxty-ftrth street to HIghty-slxtli street will be in operation. The Fourth avenue subway nnd the Pea Beach line nre now carrying up ward of 1,000,000 passengers a month, lis operation has materially relieved the tsingestlon on tho lines crossing the Brooklyn Bridge nnd lessened to some extent tho excessive trnlllo Wtween the boroughs through tho tlrst subwny. Tho west trades In the Centre street loop subway were opened to elevated railroad traffic from the Williamsburg Bridge In August, 1913. The two subways, tho loop nnd the Fourth avenue have cost the city of New York In the neighborhood of $30,000,000. In June the Stolnway tunnel was placed 1n temporary operation. Jt wet built by the lnterborough Interests at a cost of about $8,000,000 and transferred to the city of New York under the dual system contracts for. a consideration of $3,000,000. It Is now being operated with transfers to nnd from tho first subway. It Is carrying more than 200.000 passengers per month. This traffic will bo largely Increased when the tunnel now known ns the Queensboro subway Is extended from the uueers term tins to tho Junction with the new rapid transit lines to Astoria nnd Corona on the Queensboro Bridge Plaza. This exten slon is now nbout 90 per cent, completed nnn snouid lie placed In operation durln the coming year. The tunnel Is to be extended on the wet to n Junction with the first eub-way at Time Square, when It will he possible for subway trains tn operate through It nnd then over the new lines in Queens borough. The lnterborough Itanld Transit Com pany I making rapid progress with the third tracking of the Second, Third and Mnth avenue elevated railroads In Man hattan nnd The Bronx. This work will be complete! within a few months, when express service In tho ruh hours on all these lines will be Inaugurated. In llrooklv n the New York Municipal Hallway Corporation linn completed and out in operation the new elevated rail over the route of the Lutheran Cemetery lln nnd the extension or the Fulton street elevated from Liberty nvc nue to Lefferts avenue, Queens. The new year will see the opening of the White Plains toad extension In The llronx. This Is a three track elevated running from the present ter-minn or the tlrst t-ubwnv at Bronx Park r until street through private property and north through Whlto Plains road to 211st street, which Is near the northern .ity bound try. The steel structure on the upper hair of this line In practically completed and approaching completion upon tb southern half. ilie Jerome avenue It. inch of the Lexington avenue subwav Is r.pprnachlng completion, This line extends from the trunk line of the l.elngtnn iivemm subway at 13.1th street ami Park avenue through Mntt. Itlver and Jerome avenues to Woodlawn road. It Is n three track underground line a far north as U"th sttcet and an elevated road fTom there to the terminus. Whether It will be possible to place this extension In operation ns Mion as completed Is dltllcult to say, ror It will have no outlet to the south. The Lexington avenue line will not be ready for o ration until 1917 and the connection betwien the Jerome avenue line and the wet side elevated railroad through l!2d street has not yet been placed under construction. The Pelhtini Bay Park branch of the Lexington avenue subway may be com pleted during the year. This In n lliTee track tindetcround railway through ISSth street nnd Southern Boulevard to Whltlock avenue and nn elevated railroad from there ncross the Bronx River and out Westchester avenue tn Pelhsm Bay Work on tho underground portion Is more than 5o pr cent, completed and th" compact for tho elevated work has been awarded, The Lexington avenue subway from nrtv-thlrd street north to the Harlem River, under tho river nnd for soms dls-tnnce beyoinl Is practically completed ns as tile structure goes. Tin. section fron Fifty-third to Forty-third street Is only 40 per cent, completed, while, the diagonal station connection under Forty-second street which will connect the Lexington avenue lino with the first SMALL BEGINNINGS LEAD TO BIG PROFITS Records of Four Men Show Wlmt Can Be Accomplished in Tonltry Ilnlsinp;. ALL ABE SUCCESSFUL "The proof of the pudding Is the eat ing thereof." It Is all right to pmni out the way to success to tell how-to make a good profit In the poultry business but many of us would like to hear of specific cases where men have made good with poultry. There are four examples within a few minutes walk of the writer's place living testimonials that there Is money In the busl-nets. All of these four men. who nre making a good living rrom mo pro., ic-tlon of eggs and meat, took up ra sing poultry because It afforded healthful outdoor work. Thomas J. Kelly wa the superlntend-... . ir stove foundry In Pitts burg and had charge of hundreds of men. He was successful in his occupa tion, hut the strain was teuing nn mm. n..i,i. t( hernme necessary for the, f bis family that he remove to a milder and more beneficial climate. But what could he do ns a means of a He read up poultry. Tt appealed to him. He studied the subject nnd then, with his business training, he saw where It was possible to create a good Income. He began small, grew gradually and to-day has a flock of 1.200 hens, half of thing moves smoothly. HI Income runs i a nrnflt of over one dollar per head. Anton Pier. Is an ex-hotel keerper. While he wns successful In his bus!-nes. he longed for outdoor work. Llk Mr. Kelly, he began studying the poultry question. If others succeeded why not he. The hotel was sold jind the poultry plant Mnrted. Mr. Piez had the capital to begin In a large way. but he read of the failures of many that started on nn extensive scale nnd It wai" a warning to Jilm. He knew to bo successful he had to oreep tvrforo he could walk. To-dav hi farm Is eompoewl of about M0 breeding and laying bird. Kvery hen U inn nested nnd each year he retains unci breeds from only the cream of the tlock. TlioniBs W. Vare gave mr his bu.lnes , In the city on account of Ills wife's henlth. Hhe lind been an Invalid for years. Aftor they boarded In tho town for a year or two and Mrs. Varo showed a groat Improvement In health Mr. vare purchased i home with four nnd a half aorcH of land. He lsiught la few fowls, and the worK of attending to them and also the culti vation of a small garden occupied botn his mind and body. Gradually the poultry part Inoreused until to-day he has mm of the largost Intensive poultry farnw in this section of the oounlry. Ono thousand head of ntock is quartered nnd Mr. Varo's book hIiow that he has reaahed nn income, clear, of nbout ?5 n day. John K. Oerhart conducted a cigar storo In the city of Philadelphia for ove.- twenty-six years. It meant hard work nnd long hours. Standing behind a coun ter for an average of fifteen hours n day, nnd that, too. In a room moro or less laden with smoke, broke down his health, nnd the doctor ordered that he give up city life nnd got nut Into tho open air of the country. This nil happened eight or nine years ago and In that comparatively short period bo hns established the most Intensive poultry plant of tho town, yielding a better profit than that realized behind tho counter of his cigar store. Then, too, the better hours, tho more congenial work, the purer air and tho physical oxcrtlon not only cured his attacks of "nerves," but restored his lost at,-petlto nnd gave him peaceful rest at night. Mr. Oerhart keeps between SO.'i and 900 layers nnd hi booh show nn annual profit of $1,600. All the above nre one man plants. The only help these men have Is what assistance their wives give them, such as helping to care for the chicks or mulling in assorting and packing the egg for shipment. Mr. Kelly's placo Is purely nn ertir farm; Mr. Plez sells table eggs, hntrh-I rig eggs nnd breeding stock! Mr. Vare hns mainly nn egg farm nnd does custom hatching, and Mr. Oerhart engages In tnble and hatching egg I, 'jrccdlwr stock and baby chicks. Mr. Kelly hns two ncrcs devoted lo poultry; Mr. Plez has five nrres. Mr. Vnre has four and a half acres and Mr. Oerhart has the nnd a half acres. These aro living examples, nnd I could name several more, but wnat I have given Is sufficient to prove thai there Is a good living In a poultry plan; If n man will personally npply himself to "n tnnk, will' not engage on a too extenslvo wmIc and will use tho same wood business methods bo would bo compelled to employ In nny other vocation. Not nil succeed, because not nil peoplo are adapted to . the work. The Oood Book tells us we have talents and tlhcsc talents arc not nil In tho same direction. I believe a man's talents aro oxemplllled generally In childhood. The boy that loves to nlav with tools is very npt to lean toward the mechanics; tlie boy who In a lover of hooks and spends much of his time In reading and study Is drifting on to a profession, and the boy who loves poultry, delights In their care and always wants to spend his tlmo with them Is destined to be a poultryman. Begin small that you may test your adaptability. This will ten you correciiy JUBILEE ORPINGTONS If It 1s advisable to Increase the size of your plant. It Is never advisable to start in a big way unless you have had years of experlen.-c. Moio failures are due to this tlr.iti to nny other cause. Many tiro nt the sameness of the work 1n raising poultry. It Is tho same thlnr every tlay In tho year. Poultry respects no holidays. The man who can go through all this nnd not get tired of tho monotony or discouraged Is the man whoso namo you will tlnd enrolled with the successful tnultry keepers of to-day. But more than at nntab tv 1s re quired. There must be capital to mako tho start mud there must be capital to wont with, without money nothing can be accomplished, Tho poultry business is not unlike nny other business tn re-siioet to capital. There have been many failures largely duo to lack of money. When men mut go Into debt they step upon dangerous ground. Bo frugal, keep tiovvn tne expenses nnd pay ns you go. Tho expenso of labor Is cut down con siderably when one does his own work. JUBILEE ORPINGTONS ARE HANDSOME BIRDS But Their Good Looks Havo Failed to Gain Great Popularity for Them. Odd hut handsome Is the coloration, of this variety of general purpoie fowl, originated In England In 1S97 and named In honor of Queen Victoria's Jubilee. The ground or body color Is reddish buff, each feather ending In a bliek ba.1 tipped with a large white spangle. In tho males some of the sickles i solid black, some solid red. some solid whlt, nnJ often a single sickle or flight feather mav contain all three, colors. When full grown tho male weigh AH to 10 pounds, the female 1 In 1 pounds. They are full breasted and plump from broiler nlre t& maturity, so thnt they may be killed and dressed profitably at nny age, Th hep nr good layers of large, tinted eggs nnd wil' become broody, sit nnd hatch nnd rnr tho chicks. The chicks urn hardy and matte rap'd, vigorous grow'h. The fowl do welt In confinement and make nn ideal i.iclty.irn tlocn both good lootltv ni.d profitable. In tnny section nf America Orpingtons nro as popular a American breed such n Plymouth Bocks or Ithode l-l. . and Reds. They are shown In large numbers nt 'vie hading winter shows. and competition In them Is so keen that American fanciers have sent thou. mil of dollar to Knslaud to Import lino ; -v.O,'i' ; i-poclmens. "fe.jT;. SM'"7y ' Tho lUnmnnd .Tublbe Orplncton are 3rfKiStt '9 fi" "nt rol'ular ns other varieties of the "T.- '"ttSr " i S.11110 breed. SIX CENTS FOR DAMAGES. tn v nr. I to SlitU Avenue Owner Who Milled llMllrou.l. Commissioners Albert Ottlnger, Kmest vesj- wa tlie buying of dwellings in welt1 (. Ilckley nnn Ivdiuond It. Lyon Wed locs'ted iielghboi ho.iils bv former rel- their tvort last week In the case of tho 1en(s of Manhattan Island High I en. 1 Manhattan Hallway ConiMny against tills In Manhattan have oam-ed many, liaer, awntdlng 0 cents damages to thu tp.i! Uncut dweller to look nbout In J abutting property owner for tho con-Uronklyn, where they have found that j struct Ion of the new elevated railroad with tho Investment of coriip.iintlvely station at .Sixth avenue and Thirty-small mn they nre able to obtain In-. eighth street. I, S. Bermant conducted dividual homes which cm !' maintained the ciie for Iho property owner. Tho for Hindi liws t tin 1 1 lli rentals paid In, voluminous record of 1,170 pages shows Manhattan. leaving a cunsldi ruble ; hearings continued during two months sllhwnv In Park iiveniin Is nhnut 4? nr What many persons con-1 -cnt. .nine. i no ieeinn avenue suoway in ;imn-hattan from Times Square down Seventh nvenue nnd other streets to the Battery with a two track branch diverging nt Park place and running to Brooklyn, generally speaking, Is more thnn half done. It Is entirely under contract ami the Manhattan part of the work should be complete In tho earlv months of 1917. Tho Park place nnd William street spur, however. Is only nbout one-third During tho coming year speculators completed and the tunnel under the East ami siveeiiVillve builders who are ac- Itlver from (lid Mlp to Clnrk street. customed to operate entirely on borrowed I Brooklyn, is only one-fifth done. The capital probably will mm nmieuity 111,111m nowevrr, inum oe piacen in opera-financing their operations, for the lenders tlon beforo the Brooklyn connection Is are known to be must favorably Inclined completed nnd It Is expected that this toward them nre thoe whofto fund seem will be done In 1917, when tho Lexington to be nt the lowest now. It has been , avenue inn- win no ready Employ to advise for a poultry expert you every week $1.00 a year demonstrated, however, that there Is always plenty of money for pound Investment propositions In thln.clty whenever they nppenr, nnd there is 110 doubt thnt money will continue to be available for such business. It ! to be hope1 that during tho continued period of quiet which seems to be tho lot of real estate while the European war take the money need"! here those lenders who, through The four track extension of tho first subway In Brooklyn through Eastern Parkway with a two track branch down Nostrand avenue Is entirely under contract. This extension will be completed dining tho year 1917, Tho new year should see the beginning of operation of the two new lines In Queens. flood progress Is being made on lines their favoritism and poor Judgment In 1 for operation by the New Vork Munlcl-the past helped to precipitate the Inst 1 pal Hallway Corporation. The Broad- few years of Inactivity, will live down their past deeds and place New Vork real estate on a firm financial bain, Wnllet Stop Knife Thrust. Lima, Ohio, Jan., 1. Cllrf Onskliw, .11, Is alleged to have thrust a knife nt the heart of Pnl Cumberland, In Cumberland's home. The knife lodged In n thick wnllet in Cumberland's Inside y?t pocket, saving his life, Ujsklns s held by the police, charged wTtli cutting with Intent to kill. iinount for sinking fund. Tim iimhi ineiit t.. Brooklyn has been most pronounce.! jrnng tho last year. It was said or Manhattan Island sov-ernl year ago that property values had gone so high that only rich men could Afford to own property there. That statement does apply to the expensive re-tall district of Fifth avenue, tho financial section nnd the more costly apartment neighborhoods. It Is not true, however, tin rewnnls twist parts of tho city. Today 5,iiiiii, $10,000 or $15,000 can be Invested on .Manhattan Island as safely and a tlelerinliied effort to obtain a larger amount thnn the railway company had offered to settle with the plaintiff, hut lie tefused on the ground that the settlement was not enough, Tho result to tho property owner Is a loss of an advantageous settlement and nn Incurrence of large expense, with only 0 cents compensation. This being the third proceeding where awards of only nominal damages have been obtained, It would seem to indicate the general attitude of courts and commissions toward like rases. The POULTRY INFORMATION BUREAU OF THE NEW YORK SUNDAY SUN THIS bureau acts . as "Central " to connect buyer and teller. It tells you bow, when and where to buy stock, supplies, baby chicks, eggs for hatching, o. Timely news of the poultry world, special articles of Interest, Ac, will bt found lo The unday Sun. Helpful bint by .an expert Buitrymau about breeds apted to your want and ways of securing beet results. Persons! replies to every In- ?iulrr, No charge to either party or this service. Address , POULTRY INFORMATION BUXEAF MtwYork flUP. W. . ..' way subway In M.inhatttan Is more than 90 per rent, completed south of 1'iilon Squaro and the sections north of that point nre In various stages of completion. This subway will bring trains of the Brooklyn company Into Manhattan through a new tunnel under Iho East Blver from Whitehall street to Montagu., street, Brooklyn, and over the Manhattan Bridge, The lino runs from Whitehall street to .Morris street, thonco up Trinity place and Church street to Vesey street, through Vesey street to Broadway, up Broadway to Forty-second street, thence under the tlrst subway nnd through Seventh hve. nue to Fifty-ninth street with a two track extension through Fifty-ninth nnd Sixtieth streets nnd thenco by tunnel under tho East Itlver to a connection with the new lines 1n Queens, over which tho Brooklyn company will have trackage rights. Tho lino Ik now entirely under contract. Tho last section awarded was that In Broadway nnd Seventh nvenue betwis'it Thirty-eighth nnd Fifty-first stredK, mid this should bo completed by June, 1917. It will bo posslhle to oper-nto the Manhnttnn part of the. line beforo tho tunnel under the East Itlver Is completed. There will be a connectldn through Canal wtrect between the Fourth nvenuo subway going over the Manhattan Brldgo nnd the subwny In Broadway, It is probablo thnt the New Utrecht avenue elevated line In Brooklyn will be placed In operation early the coming year nt least as far as Sixty-second street, where transfers will be given to and from the Sea Beach line. Tho Clravesend avenu elevated line, which will run from Thirty-eighth street down araveeend avenue and Shell road to Coney Island, has been placed under contract. The work was started nwently and should be completed by the first part of 1917. Poultry keeping is a business of endless details. Things happen fast. The poultryman needs regular weekly information and suggestions. That's what you get in The Country Gentlemanevery week, an up-to-the-minute poultry paper, inside a big farm paper. Expert advice free. We have arranged with the best poultry experts so that they will answer any questions you want to ask. You get your answer through the mails, post-quick. Last year our experts answered thousands of poultry questions for Country Gentleman readers. Judge W. H. Card, the leading poultry judge in America, is criticising the various breeds in a series of articles now appearing. He discusses the' importance of each breed; how it was founded; its development; Its strong and weak points; and its place in the poultry industry. The Poultry Calendar is a weekly reminder and guido for every one who keeps chickens. It provides a timely schedule for every detail and gives the best methods for the fancier, the commercial egg and meat producer and the amateur. It will keep you from forgetting what to do and when to do it. It will give timely advice on breeding, hatching, brooding, remedies for diseases and pests, and plans of houses, coops, trap nests, roosts and feed hoppers. The biggest weekly poultry depart-ment in the country fifty-two times a year at the new subscription price $1.00. On the news-stands it is five cents a copy. ISe COUNTRY GENTLEMAN Box 687 THE CURTIS PUBLISHING COMPANY Independence Square, Philadelphia

What members have found on this page

Get access to

  • The largest online newspaper archive
  • 16,500+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free