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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
May 03, 1908
Page
5
Rode E. Dowling president of City Investing Company spoke at a West Side Y M C A Acme Club dinner at the Hotel Astor about financing realty. He noted rising demand and borrowing difficulties as improvements outpaced supply, with the nation’s great financiers aware of the growing strain on credit and construction.
A speaker argues that distrust of trust companies stems from prejudice, not facts, noting fewer mortgage loans and a strong attraction to securities and real estate. He foresees growth of mortgage banks and nationwide certificates, predicting real estate will outperform railroads and criticizing industrial stock favoritism.
Speakers at a real estate gathering urged unity to push for fair laws and a centralized broker board to counter adverse legislation. They argued real estate stands above other securities, criticizing lack of money in loans and urging organized action to influence Albany and railroads.
A free special train will run today over the new subway route under the East River to Richmond Hill Haliis Jamaica Springfield and Massapequa. Depart from Md St station at 11 p.m. The company promotes home deals and property highlights at Massapequa and Springfield while opposite the No 124 East 241st address.
J P Ketcham lists several transactions including sale of a basement dwelling at a city address to BG Gollner and a three story brownstone at 140 st leased with White & Bon to J Lieberman. Also shows leases at 77 West 13th and 123 West 125th streets and Hackensack NJ lot for improvement.
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