New-York daily tribune., 1851-10-02

H. n iFErE OF tnr roI VII fbA tlft4-i H's.
coI .er oi the Stale, from ta;fo - "a SAFE ttf'
az ls vel Known. is q, the c0li.earc 0i ne ONO
ara Ml-sislfp - the eNTeat -os. rfh o'..t o' 20.
res l.. .l, y a. the sead 90 -asi5 ilion On tif
q TOS River The branch 20 'nlca-o Hlil pf'Ds.'J
fuu ca from tie man roai hc.'s Ia Si..e - -o7li
II ct1ftr of ne STATE. THIS rosd "ih orias 1tD
Gfisato - q ti, bU, % o.. middle sccii' 81 '-
nos. snd Of course ~iI greatly pfoa'ie d. pos
80 tis the Chicago and Rock Island R-.i-oaa.
IN u.l, Situated cd tle sane ty ..--A iae
Cttsfo sLj Nichilsu canal as 'ir As tor Canal
-c.s. to IA >alle, ana VIII oe cont -H'. oA - ne
roif- ht q Eocs lIvcr cnft rs INTO me i,i s'p~
80 . ,, fie Chicago and Ga.-na t,l..To it o lo2nt
,ie hundred snd si1iy ~ m l"asfl- Iuis nts
teen u operation foT t0rfy-iHo m.ies nearly year
ii IS beng rapidly gushfc 90 {, comp. -trA ana
mo'AsT section OF t~tlp ave 81 iAit} m..-s "iA
s,on o. afcca. branch Of t1's ii'fi io aurora j.
~ operation. Which "a also oe 'N'enIci - H"cA
E.gtr and through IT valley - - mouth y .ili
ir;ersect the Ga-eAa branch oi tie central i-od-.
srcU " twenty miie> norm of IA sale.
M o is fhe Fond du Lac aun kc'1 'sFaf l.ieT
Railroad. IL Wisconsin, which VIII D. cx'tndeIt ~
thosEo. and VIII pour ihto this ci'y the rich tcd-
sures oi TIA; fcriile and growing Stiie.
knd sers rfhiy. Road Wl!l soon be wanted 70 con
meet Milwaukee AMI tae lows On ihe western side
oi the lake With Chicago, for Winter ttst4. q, tii
the intercourse between Wisconsin and tle Last
must he through hlc2co.
Thus we have AZ least seven long Railroads cen
teIre a. this point running through tie richest
country Of Tie world, not Only 10 SOL, out - cI'a
and facilities for mauufacture~, of winch slx are
chartered and III a lalr WAY Of speedy completion.
Can Chicago fan 10 increase "a ihe tuafe as rapid,
a. IL his iU The pasl
The Illinois and Michigan Canal has been and VIII
be another oiemen: OF growth. This runs :rom thi-
ego TO La Sa ie the head of River navigation. aud
connects the commerce OF the Great LaNes WIN thai
ot TIE Mississippi and Tie cur OF NeXco. II D-s'-
ntss has always been good dLa Is rapijY increls-.
large k used A present ~ cagry ing lumber >Oil.
LastNeM 100toGcO0 feet of lumber "er' received -
Chicago. aoour one tnlrt OF which was transported
.nIough lt. not lucuGns square timber or lAtA ms
9 2 IA q fl AZ fFYI
The amount or shipping when loe> business NJ
thiS port / have been una0'e 20 ascertain with any
accuracy counted, the otner morning. ID 'esseS
coming iItO p,It aud ~ another tire - vessels m
der sail Nere ln slshi There Te ilnt> ot steam
boars-one running around the Lakes, another across
10 New Buffalo. IA connection With tne Michigan
Central Road. ard the third 10 VII Naukee. Beslue
the sai vessels, quite a lumber ~ lar-- propCicrs
are ustt IN Inc tran sportaton oi 'reiSni
IA lhis correction tae Plank Roads which run ont
from tils city. various directions deserve noNfe,
a. facilitating the means OF transport ahd communl-
Catlun.
From these data and The inevitable concus on 70
which they lead, that Chicago Is 10 grow With IA
nense rdp.dltv II follows that investment Ol money
IL real estate Is sure to yield q 5olntlih return
ne day OF speculation has gone 10y IN tais
city. Fortunes cannot no" be Won or lost m
cav bv purchase OF sale of land Los are
beng constantly Suld ~ be sure. and those who
sell raIciy tan 10 seI at an advance upon tue
Turc, dsV, and hose cases "horc The AN Vas oD
Ia med al au early period the advance i very great
but most OF ihe tots sod ~ present are disposed Of 20
actual occupants and out few TO those VINO wish 10
sell again. Real estate has settled mo h,e' ana
real value and there Is little or no false ,niaton O.
pI!ces liable 10 collapse ungcr Strncen,y = 4 no
money market. As far sample ofthe valve ofreai
estate Noud mention that lois IN the bus ness part
% lie c.iV ~ feet iOnt and 80 feet urnth, bring
.honf 5000 each The best residence lots on
Michigan av. command SIS per too' front, "ith
depth OF 10 feet
would state two or three cases Of the advance n
rcal estate as specimens OF the way IN whlch money
has been made BY early purch haSeS. house lot be
loraifl iu The United states Reservation. which was
pu up ~ auction N 1879 and bd of ior SG-, worth
now s4ttO Land IN the outskirts o the cit, Enrs
or Tie silc toward he pOpulOls part, which could
he bought IA 1852 al $50 the acre i nov ned AT
s 500 loi Toe feet front ami $50 depih, N tie
heart o the city, that was purchased IN 1888 tor SlN
cannot be- bought BON for less tran $2i,uOO From
ls.Gto lSi6 th> i", paid ground rent o loo, AMI
silCc trat time ground rent OF St,2oo a piece OF
l3 acres which was bought bY Il friend of mLe less
than tLnce yeaIs ago at $50 ths acre. viii command
Low from $ioU to $500 the acre One more instance
| VII give Of loi on MichIPan-aY., boush by
laay-frcnd TWO years ago for $500, can be sold any
day for $3.50.
The legal rate Of iuteres, is 10 per cent, and
ney D. fairy worth tnat prce Property ls rlslng al
thls rate now. and money can be loaned at any tnc
on TIE best security for term OF ytaTs Il. 10 per
cent The brokers are lending money constantly a.
H. 20, and even ~ per cent ult shcn rates are Rot
leeitna'e. Capital c0uii be Invested d, Ills time n
buildings 10 the best advantage TIE demand for
dwellings and Nr shops IS greater fhan the supply,
Hence no rents aIe hgh, and buildings pay an ex-
A
stories 20 feet Iou aid $50 cCpth, pay .F0 annual
rent Stores coald tc pot up a. cost Ot s5t9j each
or iots valued at $oorp, which WOULD 10y 9l"V
rclt. iha, H. 10 pGr cont and tlxe wI.h the bost
Drosl tCt of au increase o' rem 20, ne ctV advanced
81 N inc exception of rent and CiClning, ;ae ek-
pou>e of living lnouI 3N Per cent cncaper than '"
Ncp-Lnplard ant so percent twcrc or i,ssl cheaper
thal Iu New-NoTh. The piict of labor j. ABOUT tit
,ate as that 'n NeW-l 1rk. Or. Ioary -Ay ltoorcrs
are pald rom seven sniiugs 20 one dollar journey
men mechanics are palu twelve s9iLlngs 10 tW0 col
lars Printers receive about toe same that they DO
ia The Ir,bwf Office. The wage, cl 10orers on me
GIus n tnc surrounding country average Ihis yeaI
twcFc collars u month AMI noGrc, Tor N season
and dIc ~ demand. DOmesilcs arc paid ,le New
NOI priceS Hence u l. advent 1tDus iOr mechanics
L. cone mere from the East. Irev can command
tie same wages rs N New-NOrk and 1--we very much
chCaoer Two miles from tie b s.ucs, part Of the
city, lot could be obtained for s'aii sum, ard m
avery shCrf t.n.e an industrious mechanic could
9os ess himself OF q hcmesteat. and Do rehc,eJ Of
that toruDle dram Oh hls pocket which IS made D.
the rents 81 Ncw-hork
Thee roneyto be made here by aaavsactur
irr ard ms j. point u Rmlh eastern capitalists
should turn Their attention Manufactured goods
hnrg q higher price here iran az the Las, "heFrts
many offfen clIi be made hert - scss st. Wool
Is cnearer here. lumber, and good coal fOr lue
can De- bought al 50 per uiu. 1hls - the iHihoS
btuminous coal brought on he caGal some one nun
cred mics from the inferior - nov! s.is-ty m
iCnor 20 Pennsylvania coai, ru have no GCuy. maj
Il VII CGud Il when the m.ltS hd'e Oeen iO1Ief
vDTl ed Illinois -, IN fact. vast cohtbec, and tie
SUNNY OF .ueI H. nexnsu,, be. The manufacture
O.. arrlculturdl implements, Of machines steam en-
gIne and leather, AIMED oa s.. present pretty eX-
tcusivelv 4 large leather business i done. hc-
Counlck. VINO has Lately attained slc reputation
tv the success OF MS Reaper II England has aiactc-
~ here.aI turning out Ecalef> 81 he rate III
ttrstsud oi COO q year. rent Hdssey nave
tis SUMNER erected large establishment for "a,
rr,arufa,t.re OF agricultural implements. Their
building is FIVE ,tCnts hIsh, 80 f. ~ Us r., besies
eneine-bm.dme and blacksmith, saop fnsy have
= seam engine OF ~ horse power. made IN as CITY
moe are hve plauing nIs ~ tie city. TINS bus-
uss, think y soon be carried Ja more extensive
lv Auimmense business = done % the packing o.
beet a1o PORK fur e1pOct-' or. ~ this hns tlow
o, 10 city that Slrpasses thiCdr0 except CmcinuaG
A, evidences Of The grow IA lad prosperity pi the
clte q few facts may vel be stated. In tAe trst
place the nam r-rt. that OK ne soui4 site OF tle
ryer is lighted with gas, ana supplied with Eti-T
Nv bygru, works So ilatths cOnSenlences Ot light
and water are nearly equal u those Of Now-HorA-