Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1860-01-07

REAL EsrATE.-This great source OF
solid wealth is At present almost At stand STILL
Transactions are limited although We notice
An improv cd tone in the market There seems
to be pretty general feeling to keep entirely
cool upon the subject, and wait patiently for
restoration to former activity. There 10 no
doubling the fact that Real Estate Of all class.
es whether in raw prairie. cultivated arns or
city lots, has decreased in value from prices
of two years since. Those who sold their
lands then ct the high prices we're lucky those
who held on to them, and are able to do so, have
no good reason TO complain. This is matter
which will regulate itself in time-that time
we think is not far distant. The cal! for farm
ing lands by immigrants will continue with it's
usual activity. but land speculators- oss who
buy to sell again at an advanced price. within
thirty or eixty days. must necessarily step out
Of the ring. This reduction in real estate will
operate favorably for this country. - it gives
the farmer better chance to purchase at rss-
ssnsble figures, and it is farmers we want to
hold and till the coil. not hucksters who only
hold it. and 90 tightly that it requires very
strong plaster Of money to cause their grasp
to relax. Our heavy land owners are doubt
less ready and willing to sell cut their shares at
reasonable 6gurss-6gures however. which
they would not have regarded but with feel.
ing Of dsrision two years ago. But this feat
ure is perfectly natural.
1l,o n,..e;ou -h oHk.. 1ar1e -ill al1 10
rise to the same prices which governed the
market year ago, will depend somewhat up
on the future condition Of the money market.
The immense amount Of capital which is now
lying idle in the East. must necessarily find
employment soon; and what better place for
investing it than in Western improvements and
Western lands. Many Of the projected West
ern railroads will undoubtedly absorb large
portion Of these Eastern funds in their con-
struction, and the building of these roads. for
built they must be, will have . diI ect tendency
to enhance the value Of real estate along the
section Of country through which they run
The decrease in the price Of produce has. ss
matter Of course. operated to reduce the price
Of farming lands money will not remove this
obstacle; it can only be done by the creation
Of new and extensive demand for farm COM
podites. war ON the continent failure
Of the crops In Europe would effect this. but
in case there should be no increased demand,
wheat may not for some time reach the value
Of Fl per bushel. At seventy Eve cents, how
ever. q fair profit 10 allo wed to the producer
Western lands are undoubtedly good prop>
erty and will always command good price.
but it will take some time to place them at
the figures which have marked their value in
former years. The next three months will de-
eide the extent Of the demand for the fore part
Of this year. We hope it may prove that the
demand for lands in 1850 will be greater than
in any former year. Our lsnd-holders must
not. however. expect to receive the prices Of
1861. Sell at fair rates and We shall all be
more or less benefited.