, 1869-05-09

REAL ESTATE.

satisfactory and healthful condition than Il Is Just
al the present time. There Is neither excitement
no. depres sion hut there is an amount OF proper
ty le'ng sol! hat counts up laIGes value IN pro-
portion to the population than In any other large
city in ,hc world, and At prices which aao" mod
crate LIT general and EteaIy, increase
II the ttanzfer and improvement OF real estate
should 20 on at the rate o! the past few Weefa no
Ole need complain nr fee! uneasy about the
growth ot the c.:y. The colrse OF ptteea, hhwef-
c7 Of anrt!iuF, whether Of real ehiaee or portable
cs1nu odics never does run evenly for any great
leigh Of time. Men md communities have their
continually alternating spells OF confidence and
oycrr,ld speenlations and their spasms Of ttmdy.
We hare had both OF these extremes IN the
real estate market within the past three months.
and dLrinS the last txo weeks the trade h2s been
Just secovtrng from the latter. The nsst Of these
began in January, With the abundance Of money
Which cou!.l Ind no more profitable Investment
than real Estate, the probable rise Of which secn-
ed fuls warranted by the growth Of the city. The
Impetus given to real estate transactions then
was further stimulated By the movement to es-
tat1tsh the present park system, and temporarily
eliminated With the accomplishment Of those pro-
tects rcsy Roon DOW, however, new clement,
which. though !. has been talked Of. hhS wr BE-
ucsc, had comparatively little actual efeft yet on
thc Price Of Chicago real estate, viii begin 10 have
an influence to advance prices Wc mean the
cotnp'elou VI u!e fAeiue na4"oAn- -1'a.A - tu"
great enterprise has beeu talke,t OF, in connection
with the satne Of property In this city, 1t has al
been IN such vague. indefinite Hxy TINT practical
people have moi pai1 as much attention to It
rs they Will IN future Even the speculative rut-
ctases OF properly that have heretofore been made
tn Chicaeu hare tceh hased Cd calculations made
ucon The past growth Of the city. The establish
nc11t Of the parks has really had twice the eject
In increasing rrccs that tho prospects, Of nc,ea*ed
business Al thc result o! the comp1etdnu Of the Ps.
rGc RaIl1f at] te. ba thns far though The Differ
enct in ,at ,r,roTtance Of The two cyents In re-
suect to 1Ler learnp on the yaiue Of c!ty real cs
t.,r. ts srnrccly u,sccot,h,e of cnmnartson. and
vii, mt lie realized until peonle begin TO aec some
NJ rho oc,n., ,s,ta nr,,, thev ~ orr merchant.
se,ino coo,a m TN T.arinc stn,cs ant as,a,tc
oro.,s hane ,nr,or4et, tn f-hIra0o hY w.r nj N.
Wex+ hrt I'm ercct of +hcxe nm snrc.s ~r ,ro,,-
h1v hn I'll, IN n rons,d.ranlc rrtrrt fhts sznnor,
| ,rd neyrtal,
;Ianra ,.D,. h.r. nc+ ,xccr ar, Ing +, cbL.ro fo+
/ rour or tv, vr,,r.,. thc nresrnt tin,r ne4thrr
| hare there been In that time 40 many vacant
| tU.t,tncs RI rcnt nr IN sru Tn Ia .he 1.t nf Mar
rc,ts werx. sn.,.Inr, a, nearly ne game ratr, M
t,,, ycav snmgh IN som. cssc, landlord. 1na.,e
| e;,cht ron.essons IN rrs,ln c1,otf tcn.nta tmme
1.ate1y after the trst Of The month. however.
fpnts OF nearly sill descriptions Of dwellings we're
| reduced. and arc now from uyc 70 ten ptr cent
! lnyrr than befor, the nrst This shows the effect
o! making Que general moving DAY for everybody,
aid bow i, wer6s to tho disadvantage Of tenants
| 10 u,,lp.ns them L, reu. i .lmA
| when rents cre the highest; to borrow term
! from tic exchange rcoms. the iandloris
[ make an ANIMAL ''corucr " on Ill the house rooln
| iii the CITY, and those who arc caaght "slozt :"
rave to1ay toE It acctnlinGl}. Tue r7l!e Tor re-
rcwne u.l leases on the first OF May Is one OF tue
| a1,sutdit.es ttas VIC have boETuwed from Ne"
York ana one tha., for the good Of the city. ought
/ to c ntoliAhed, because i: forces tho tcn@ns
r,y hrhrr raic q! rent ,tan the supply OF houses
i,,stin,y In rn.laielpnla leases begin AMI expire
at all tlnfts II tue ee11' aeeo'eiAtt ~ % go
mcat Of the landlords and fenanta' anau IS 1oano
scr mr. ~ ;hc landlord who missed renting hi.
no,s. hetor. thc rrst nj May nns scarcely an,
49,. !. ,r,.-.-,,. mi, ra, ~ nna ,t,l,
the ness May, 1ftenans woald endc7sor to &c
annual leascs dated after tho nrzt Of May. th1
system could gradually 10 broken up.
.aasa..n,os ~ 80 :. sansIa,r.h,r ,ess hut,a
no* uncrcariea' mere u conAoe1ao'5 ICES enilo
ing cong on than asca a. Ia .as seasou an
| tnrrth.r and efen sash and door anil blind facso
-. ~ -, ,-.,,nr rnr,,.rte c,n n,x hc let rnur,
s,se IL y, ,.!aao. .e.9 ,',' .,.. - n,,.s,
| chesrtr IMAM al th's 8'ne last sea'' It"'a''t
about !s.l tho INCREASE Of population Viii c7tel
? up With the over supply Of houses, and auild!n
!. w." ss.,s. ~ ,t,,s ~ e.,,,oc, -, 5E.t,,, h,,o
: eoaneeton "49u tne e"ulee' W ~" mug ~.
rents we PRINT belo" part ol teeent ieslet itot
. Josiah Quincy, Esq, Of Boston, to the nIAy 40
r-,+t.,r 1T thnf civ nm the subject of Amo1era,
g hnrsos r., m,n ri moderate ncan. :. which ma
nooses ios men o. taooelass ,nss ".nvu ~.
3 furnish 10 some OF our wealthy and'o"ners sut
: restions thA& are worthy OF EtAl here The onl
Z ,Ioo.,o, - .oc ~ +hi. p,an fnr f~hte. m I
o"pe.o ~ ~ ~ sa'1 - -. - ~.
{ seas she iana increases ~ 4ass ~ sas InA1 y"
Z cfs have hcscto'ofe pteictlea " AAe tHse3 ~
4 quicker sctafn ous Of tnat tnau out oi tae seSn
y arn.r.ar In tho city uf Phlla4Ielnh1a maj
thors.n1 sn,nI1 honses htii,t owned And n.>rtni1
~ | lie p.-zotx whn IN <aw Snrf tIr Il,:tnn wir,
SEer,. r11,r,u IN rTy1v.ei tenrmcnfa 1'hr I'm