Land Sales in the Pines

Folks:

Here is another article I pulled from the New Jersey Mirror last Friday while conducting research. This item dates to 28 February 1861:

RECENT SALES OF PINE LANDS.
A correspondent of the Monmouth Democrat, writing from “The Pines, Burlington County,” gives the following account of the large sales of Pine Lands, within the last two years—the most of which is located within our own [Burlington] County limits. He says:
“To show that important movements have been made by men of capital in our Pines, which are the precursors to future developments of the resources of this part of New Jersey, I present to your readers a few statistics. The large tracts of Pine Land that have been sold within two years, are the following:
The “Ivins Tract,” near Tom’s River, to Mr. Stanton—20,000 acres, at $3 per acre.
The “Greenwood Tract,” the “Empson Tract,” and what is sometimes called the “Stout Parker Tract,” near Cedar Bridge, sold to Messrs. Beers and Chetwood. In these tracts, there are about 12,000 acres.
The “Jones’ Mill Tract,” containing about 10,000 acres, and the “Union Tract,” about 5,000, were sold to Messrs. Beers and Chetwood.
The “Martha Furnace Tract,” containing about 17,000 acres, was sold at 70 cents per acre, to Messrs. Edwards and others, of New York.
The “Farrago Tract,” near the Hanover Furnace lands, was sold by Mr. Lockwood to Mr. Hurry, of New York. There is in this tract, 16,000 acres.
The “Atsion Tract,” or rather one-half of it, 32,000 acres was purchased by Matthew Newkirk, for the benefit of the creditors of Fleming, the former owner.
The above comprise all the largest tracts that have been sold within twenty-five months. Several small tracts have been sold, making an aggregate of many thousand acres, nearly every acre of which has been sold for the simple value of the wood growing thereon, without consideration for the land.
The original cost of these lands, it is impossible to tell, depending entirely upon the demand, the quantity of timber upon the ground, and other considerations, that would never enter the mind of any one but a Jersey land-holder or speculator.”
(New Jersey Mirror 28 February 1861:3).

Best regards,
Jerseyman
 
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