A. T. STEWART'S WEALTH.

New Zealand Tablet, Volume I, Issue 32, 6 December 1873, Page 10

A. T. STEWART'S WEALTH.

IHH precise amount is beyond his own calculation, and it is probable that he could not get within a million of it. ISTo one- can tell the precise value of a piece of real estate until it be sold, and hence an owner cannot easily attach au estimate which shall match the market He owns two churches in this city, one of which has been transformed mto a theatre and the other ,s the stable for the horses connected with Ins establishment, his private stables being up town. He owns the Depeaurowia Bleeker street, and some other property in that vicinity, and also a few buildings in Elm street, near his chief warehouse. His Broadway property consists of one church (to whi-h I ,have referred), two warehouses and the Metropolitan hotel *Hi» largest warehouse, which has no equal in the world in space and elegance, and which covers nearly three acres, is built entirely on leased land, the fee belonging to the Sailor's Snug Harbor. This plot would readily bring at auction three millions, and its rent, at the low rates of long leases, is a little under 50,000 dollars a year All the properties thus named are worth six millions, and to these is to be added the Saratoga hotel, the Hempstcad lauds, and the farm at Tuckahoe, and the place in Fifth avenue. The girls' lodgin* house, which is worth a million, being a charity is not to be reckoned Mr Stewart s stack of goods in this city, Boston, Philadelphia, and Europe ! may be estimated at eight millions, and his personal estate, such as bank stock and similar securities, may be> a million more. If you tak» round numbers, and place the available estate at twenty millions you make a liberal estimate of real value, and this is enough for any man - — c New York Letter.' J