October 13: ON THIS DAY IN HISTORY
ON THIS DAY IN 1920, the Brooklyn Daily Eagle reported, “Congratulations to Cleveland. It has won the world’s championship because it has the best ball team in the world and deserved to win. It is not altogether pleasant for Brooklyn to acknowledge that its team, which is so good at its best, is only second best in the end, but the record is made. There is satisfaction to losers as to the winners, that this championship struggle was fought out on its merits and was cleanly and honestly won. No such scandal as followed Cincinnati’s victory last year can trail itself along through the next season to the injury of baseball, the cleanest professional sport which has ever reached to great prosperity. The Brooklyns did not lose because anybody on the team was paid to lose, but because their power failed them in the face of the tremendous onslaught of the Indians.”
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ON THIS DAY IN 1929, the Eagle reported, “The suburban lot market will show a decided improvement this fall, in the opinion of J.E. McGolrick, president of the McGolrick Realty Corporation. ‘Developers may look forward to the biggest activity of the year,’ he declared yesterday, ‘and the momentum should enable them to operate successfully throughout the coming winter. This acceleration in sales may be expected because the real estate developer’s greatest rival, the stock market, is in the doldrums. Stocks are on the steady decline. In September alone stocks on the big board lost the stupendous total of $2,100,000,000. Ironically enough, at this time reports are issued of estimated 1930 assessed real estate valuations. And every county in and around New York City shows a substantial gain for the year. The $2,000,000,000 lost in the stock market in the one month would have been sufficient, according to assessment figures, to buy out the boros of Queens and Richmond or the entire counties of Westchester and Nassau.”