, 1869-04-19

The supplemental hiu to amend the fourth Sec
ton Of the South Park law, which passed tho Leg
islature testertsE, does not change any OF tho
boundaries OF the park or boulera1u from what waa
the Intention Of the original bill, but on}y dconca
what was beforc indefinite The clause which vas
changed Was Intended to describe the beginning
ana Width Of The boulevard running west, from the
west nne Of hankhkee avenue, along the line Of
F1ftE-nfth street, and read as 1onow6:
- 4 piece Of land commencing at tho southeast
corner o. han5aSee avenue and i1fty-nf,h street,
running thcnce vest u strip two hundred feet
vide adjoining the nor1h 1lno Of F1fsy-lth street
along hfsy-a}[h strcet4" " - '''
This description Was deemed indefinite, because
II did not specify that the present north line Of
Fnty NTH Erect was to BE- tho north line Of the
TWO hundtcd-foot-w1de boulevard, but Vas caps
bic Of being 30 coutuued NJ to cause dlnlculties
with land owners In securing the ground to hc
taken lot boulevard; II waR therefore changed
to read as foIlows:
"A piece Of land commencing At the northwest
corner ot Eankakee avenue and FiEty-nfth street,
running THEREON west Ia strip two hundred feet
vide, south Of and adjoining the north line Of
Flt1-ffth street."
The most important PARTS OF the supplemental
hli are those authorizing the Park Commissioners
TO issue bonds At once and put them II the naar-
Aet for sale, TO secure ready funds to pay for lands
ami improvements, md also the power Of the
Ju9er Of tho Cook County Circuit Court to re
move any Of the Park Commissioners On the
proper petition VI the f1eehuders ul the towns ID.
teretted-
II Will be noticed that the Goycrnor has nr-
pointed the I'VE Commissioners from tic nine gen.
ut10en mentioned py TuE TnlnrSr On last Sun
Day az The mot prominently spoken Of By citizens,
OF the South Side ns fitting persons for Commls-
sionefs. The Governor has acted entirely In hc-
cotuAnce with the wishes OF the citizens OF the
South Eide The names Of the Park Commission
int f,oFNN -
people for d week, aud the fact that nobody Oh
jected to them seems conclusive evidence that the
appointments must fe entirely eatisfactofy.
The trade In real estatc was rathtr quiet during
the Etst hhu Ut the plst week, but toWafu 1t
middle Of the week letter inquiry WIS notice
Rh1e4 The tine weather drew people out INTO the
suburbs, and as suburban property always lookt
douhly attractive In such weather, the increased
business OF the latter part o. Thu
week 1s no nure than might hare beer
expected. but this il nut tho oalr reason
for the increased inquiry for lots In the district.
beyond the bullt-ur portion of tho city. People
huvc begun 10 recognize tha. the establishment
of the Paris and bonfes1ris have in a cert2iI
senEe and for time "Fct bounds" TO the avallablt
residence properly. Improvements OF psopert!
and Of streets will probably accrrtc on the cit,
side OF these public grounds u long while befors
any marked demonstration wi!l bc uade In thai
way on the onter side
While these districts Of property inside the
parks are thus ctrcuulscTbe.l, two distinct
and continuous movements OF population
are operating Ill them up: First the addition
to the population OF the city In the aggregate BY
newcomers from abroad, and also by the natu1a
Ircrease; and, second by The crondlng Of tht
present population further and further out, as
larger districts azc req,rcd In the centre OF tht
CITY for business purposes. Many persons nevcl
think OF this latter caWse for the increased in
pruscment and ye!ue Of suburban property, yet 4
is one Of the most important Any great CONNER
cial cit. Il, in fact two distinct cities, one TO
business and one for residence, the former hent
comparatively deserted ut night When thcs
facts arc considered In connection Will
the figures published last Sunday, show
Ing that when the whole South Side L
built UP frpm Twent y-sec0nt street to Junction
avenue, u densely as it l. now from Twenty
second street TO Thirty first, It VIII only accom-
nodate 1a3 COO people, thcy will show good rcasor
fer large increase in both improvements ant
prices during the coming summer.
In regard to house rents there ls no change u
notice since last week. 1t IL noH near the annua
moving day, ana II l. safe TO say that there wi
not be near 30 much moving as usual, and ais
that there will he no Increase OF rents. On tn
contrary, there Is likely to he some Of the NOR
expensive houses left urer unpccur!ed for q time
There Is, however, good demand for dwellings q
low rents in all parts Of the city.
The following table showsihe volume and ter
dency OF transactions in real estate, situate with!
radius extending seven rules frum the Cou
House, during the week ending April Il, the aggrs
gate .alre tn each direction, and the total In al
bling compared with the samc for last week: