, 1863-01-22

mcnts or to make for themselves home IN
The metropolis Of the great West. Within
the last few months real estate has been
steadily advancing. Large sales are re-
ported almost daily at very large advance
upon the figures rulings year ago. Pru-
dent capitalists see in the position Of our
city, in its wealth and certain progress in
the future, not only q safe place to invest
money, but one where Investments will be
sure largely to appreciate. Those who are
now investing are not mere Adventures
operating for i rise; but shrewd, cautious
men who both know how to make money
and have tho means to do it. :.
TIE practical application which We de-
sire to be made Of this paragraph is not
that it incitc speculation or appreciate pri-
ccs; but that those who have money to in
vest do 50 while the prices for real estate
are yet, as compared with other things, ut
a very low figure. Let the poor man, es-
pecialIy, it. he can possibly command the
means, secure himself home.
The figures which We publish from
week to week in our commercial columns,
should be carefully studied by all those
who would find the true secret of: the
prosperity Of our city. For example, our
tables yesterday showed that from the LIST
Of October TO the 18th Of January, Chicago
had received 917,so7 hogs; during the
same time last year the figures were
5o0,251. This shows IN increase Of nearly
hundred per cent. in single year: In
all the leading staples Of pork, beef, grain
and lumber, figures have abt1ndantly
shown that the business Of Chicago sur
passes that of any other American or Eu-
ropean city.
Again, the confidence everywhere felt by
capitalists in the credit Of our city is the
best possible index to the good opinion they
hold Of the future Of Chicago. In table
taken from the Comptro1ler's books few
weeks since, we showed that our total
debt was very little more than three mil
lions of dollars, about two-thirds Of which
was for sewerage and water bonds, md to
pay which sinking fund is provided.
We noticed sales, q few days since, in the
Boston papcrs, at $110; and G. c. Parks
& Co., one Of our OWL houses, advertise
for $4,000 ut the same figures Fortunate
are the men if they get> them-for with
gold at n premium, md bonds not a whit
better, if, indeed, they are so good, selling
for $1.25, Chicago sevens are splendid
investment, at the highest figures ye1
reached. Beforehand, in our judgment
long beiore-they become due, Chicago
will contain half million Of inhabitants
They are now, and will be, as NC hope ant
believe for ill time, prosperous, liberty
loving and debt paying people.
We spoke few days since Of the exten
sion Of our commercial facilities That il
constantly going On, and will until ou
canal is enlarged and our railways; rcacl
the Pacific. Our brave boys will soo1
open the Mississippi, and Canada is onl,
anxious to keep open the St. Lawrence ant
enlarge her canals for our accommodation
During tho last year freights were on al
average from two to five cents cheaper Il
Montreal than to New York, and the tim
something like week less. 1t needs bu
the ordering Of our. imports by that rout
so as to secure return frcights for vessels
to make tile Seymour and Wood Copper
heads Of New York trcmble lest the com
mcrcc Of the West on which they have fat
tened, leave them out in the cold" Ev
cryt11ing, therefore, whether prosperit.
or adversely visit other parts Of the coun
try, seems to benefit Chicago and urge o.
her manifest destiny" as the second city
if indeed in time sho does not become til
|. first city upon the American continent