The President's Wealth

The President has just bought a large lot in the northwostern part of the city for his future town residence. Ho tays 122,000 for 15,000 feet, und the house is to cost with the lot near $100,000. It ia understood that the President, when ho is released from official duties, will divide his timo between his three residences - on the St. Louis farm, at tho sea-shoro at Long Branoh, and in Washington. He will retire from public life in very conifortablo circumstances. He has been, since he entored the arruy in 1861, one of the luckiest of men. I am told by those who knowthe facts, and are competent to judge in such matters, that Gen. Grant's investsments have all been made with great wisdom, with the solo exception of tho small venture in the " Séneca Stone Company," and even that concern is looking np of late. His investments hore, at Long Branch, and especially noar St. Louis, have turned out well. St. Louis people say that his farm in that vicinity will alone mako hiin a largo fortune, so rapid is tho increaso in its value.