Democratic enquirer. [volume] (M'arthur, Vinton County, Ohio) 1867-1873, 1869-06-09
Correspondence.
CHICAGO CORRESPONDENCE.

The eWeathsr-Real Estate-Trade--J.
". Farwell o. Co.-Walsh q Hutch
Inson- III. G.. L.. FaxOn q CO.-Chtca-
go a. Northwestern Railway-Money
a-Am use ents.
CHrcAao, May as, 1969.-After long eea-
son Of cold, northeast storms, during which
there has ben an unusual fall Of rain, ,wehave
warm, sunshiny weather again. The reports,
from oil quarters OF the grain and grass
cool weather offspring, is succeeded by Sum-
mer drouths, we shall have an abundent har-
vest tl4 IT
REAL ESTATE.
There have been large sales of real estate
here at auction, one sale on the South Side
continuing two OF three days, and the pro-
ceeds amounting to wo-thirds Of million OF
dollars, when the public sales were with
drawn, and the residue, OF the property offer.
ed is for private sale. A very large amount
of unimproved property has. been sold this
spring in the neighborhood Of the proposed
new parks, and at high prices. At least to
stranger they would seem such, but tho
continued rise of such property has been
such the past few years that it is difficult to
predict when the extreme limit will BIO reach
cd. Property bought in January for $3.50 q
lot sold for $500 in May. There has been an
advance of about 25 per cent generally for b.
such property since last fall.
TRADE H3 h4
in the wholesale department in nearly all
branches, continues good. The leading
houses have done q large business this sea-
son-some of them much larger than last
season.
J.v. FARwELL b CO., I'D. .,
the largest Wholesale dry goods house in the
Northwest, sold nearly million dollars moro
goods the first four months OF 1869 Than in
the same months Of 1868. The reasons are,
they always keep full stocks, sell cheaper
than their neighbors, and country merchants
understand that they do not retail goods, and
thereby compete with their own customers.
1t is Interesting TO watch the mutations Of
trade and observe how one house goes up,
and another down, in popular regard. They
are all subject to inevitable laws, the popular.
ity OF firm depending ON the business char
acter OF it's members, the quality and price
Of their goods and the meaaures adopted for
making their business known to the public.
Among those who have achieved an honor
able reputation is the well known firm Of
WALSH HUTCHINSON, SO AND 60 LAKE STREET
importers and jobbers OF millinery and straw
goods, whose good taste, enterprise, pagacity
and fair dealing, combined with the choicest
goods at low prices, have secured large
trade in the Northwest.
One can appreciate the value of good
name on seeing custo mers from all the ad-
joining towns and states at
E. O. L. FAxoN co.'s, IA AND 70 LAKE STREET,
purchasing paper hangings, window shades,
lace curtains, bedding, &C., attracted thither
bythe best goods and choicest styles. For
people ,oiR trade where they are best served
CHICAGO AND NORTHWESTERN RAILWAY.
Ihad intended, some time ago, to speak of
a change in the Vice Presidency of the Chi
hWa oil
Perry II. Smith, who had occupied that post
80 efficiently for many years, having resigned,
and Henry r. Pierson, of Brooklyn, N Y,
taking his place. Mr. Pierson, the new Vice
President, is man OF large executive ability,
with much experience in railroading, and,
think, is possessed with. the idea that the
! good will OF the public is worth something
to railroad companies, and that he will
| best subserve the the interests of the stock
holders by serving the public well and
cheaply. The company have recently done
a wise thing, in reducing the freight on
wheat to Chicago from all points on the Mis-
sissippi, as high as st, Paul, to ten cents a
bushel-just half what it used to be-and the
freight on -four from 70 to 40 cents barrel.
And as I see the Milwaukee & st. Paul r. r.
company has done likewise, it will pretty ef-
fectually prevent the diversion Of grain car
rage TO New Orleans. At all events, the pro-
ducing classes and the general public will be
greatly benefited by this reduction,
| MONEY
Is becoming quite abundant, and the banks
have all they can proftably loan. Any one
with the right collaterals can obtain all the
money he wishes.
| ADJUSTMENTS
Are rather dull, just atpresent. "Peregrine
Pickle. in the Sunday Tribune, has begun
series of sharp and discriminating criticisms
on the actresses and actors at the Opera
House, Wards Museum, Alkens,an McVick-
or's Theatre. Needed. B.