, 1869-04-12

Real Extptc Trade OF the Hycck-Cn-
p,abisltics of the city for In
crenafnE Popusntlon-Sauth
Ynrk Commissioners.

It has been khoNn HhtE Elea4ly AaiaHs +He p37*
week than perhaps ever before, what Is the real
strength and support Of the real estate market IN
Chicago. Spectators In large tracts and in out
st,le lands have been compelled to cezte opeFa-
t1on. to a great extent on account Of the extreme
st.inzency cf money IN nl the principal cities OF
the cyuntf1, mud numbers Of trnlea for large
uInoufts Of property are now hanging tncomrletctl,
for no other reason in the world than the general
scarcity Of money. But while the uRhtneas Of the
money market has checked the actual transferring
OF real estate Ia large tracts, confidence In 1t ~
the most profitable investment has
fsecn increasing. and the csaas Of
buyers whom the general money market does not
encct. arc buying more than ever. These are the
pp.chnsezs Of single lots for homes, IN districts
where property bcarB d low price, persons who
have had money laid away In Email kums Of afcW
hundreds, OF, n most, OF one or two thousand
dollars, nnd who, when they nuy, buy to keep for
use and not to speculate. The effect Of this clAss
Of purchases the aggregate Of the transfcss for
the week IL shown In tho fact that, while the nnm-
ber Of uankttrs h4s considerably increased, tho
average valac Of property conveyed bJ each trans
fer Is less than &, 900, while during the previous
week It HaA over ea,00a
The inquiry for iow-prioed lots In the southwest
quarter Of the city, northwest Of the South branch
Of the Eer and also for the satne Kind Of property
IN single los In tie new eubdlstslou1 Ia the neigh
W. ocs'u VI toe ."ueu ~ :, - ..s-,.~
Ao1 -, ~" ~. $500 ~ - 20, 49, ~a.,~ h,,~ 49,,
bought last fall for from 10 10 t15, and single lois
In the village OF hyde Park 1t prices ranging now
from 80 to ~ per foot, for properly that Wsa
| held NJ less than hatf that price last fall.
| The Kind Of property aoofe referred 70 u eeneF-
| ally spoken OF "a s"As oas III tae couua!t aao
hs 20 'a1 n aa' @lec u .ne stoNA .. LUG en' .as
ita a'ailaolott q RESIDENCE properly IL laaen7
ntelJ remote IN tne 1usa1e. IA tae hafno Why
The miles ano HAes' OF oou1e'asu ano
PARK ifonta are SPOKEN OF hs oo eAten.
| Five" fnE occnpaucy oanaE tMe s. nea.
oecAae. noe. l1hou4 n"Ae .SsS -. 'ss'o..'
ano ~. tAese .ooa. G.,sst ~, ~
Foa ~ = sa,',a., 49, -, -aeh -.
s,.e as.A W ahn.,ns ~ - ,oE,s,an tn,t
~, ~, 1or,, s,,r;
| - ~. s.,.s r,st.,oa wi, ,..-h.n. on.-a-
-, ...s -. <,s,,e.ta =, IN it,nt.. ,-a t,,,r.
.,a.x,s ,,sanad Tha.a r. In tails IN. cj,r nn
- .o..s.sa ~ ~r, 49, t,,t M who1s f-ort,., ~
! ..,,. ~ ".e. nna~s.. n.,r. or sh. snu,h Is.rr
and ri tho hnn,er1n, cnnnrrt4np .hrrn ia inst
e;cbt miles or 40 On f4.t IN nrere1 an. E.nra
! rre avenues arter thcy arr w1,cne,, IN nccortl.
| ance with Tho snecinrattons Of thr sonth
| I,,rr nm thcra viu II. seren mt1eo of
| rnontar,. o- s6 otG fec, Tpua ali the
na,l and honicyar1 rnon..ra 1s.nr r.st ~ stntr
-. ,i,i ~. "a an tae, 49,, ,n,s oho,,, rs, IN
| .,,,.&,a 1nnsr aus taryn ynr 1nto
"..s.s ~, su..s ,asr,n1 :, esa Yoos ~ av.,sras
sC.s 49,. e.-s,,a e. .n,s ~ " -. rt,,. - ~
~, - 49, ~ ,,st ssrsa,v ,<,,,r,.+st ,1,s
tr.c,. ~ IN. ron,ternh,s dr. A. = cr.,rr,nn snf
s.s,T,1s four nr1snn. tn e.rh a:.7oot lot WS nnl
| ,h., All ,hrtn acxtenstye marx and bou,esAr
t,nn,s vi, on1y accommodsta II. 400 neope ar les
than !. t,cny ai]du to the whole populatton Of tn
rtv each yesr.
lint II may be said thst thts is on, Al cs.trnat
of.hc csya.t,s,tcs q. the oars md ,,u,eys, front
o,nnc anil thar tb,. sld. ktrt AM, 1,.railri e,rct
wond ct,,, ,ea1c la,vr ,r,rts cf r,1nrrnn,.a TORI
t,rr 1ct ns then mare nm e,,instc in snotne
w,r. In Tho d,s,rtc, enclosed by sta,r styre, a.
thc vest Trcn.y.ac.on,, srrrct On the north .Ionr
linn aYcnue IN the sonth. m, the lake shoTr n
tbr EAST thern are something less than eIoh, sonsr
nils, Win ca arms to the souare mills. tby
ronId make a1sp acrca Fr,u1 th,s shoa,l ,e ID
aurte, i M acrra tatrn nm in nart, pouteyari,
! ana othr, nn,Ic crnunaa not atree,. AMI .jIer,
/ 1sar,n. = oso .rres In n. NV th,f tota ~ nsn
a,r I.id nnt IN aria DIV an .rrr III, rnt nm int
ntne Io,s nf t,Tcnty-cre fect eaeh md jeayr roor
| foy thc .trre,s AMI afe1s besides This vout
c.ye Ba 80 lots Of rHenty-nye feet front each an
ne calculat four ,,eraous to lot IT will be sec
| th., the vho1e dlstr,ct will Accommodate On,
1I1. .1eo peon1e. and though In this estimate no n
lorance ts made for the snace to b. occupied
s,or,.. znona and public buI1dtnr1, which won)