New-York tribune., 1869-03-27
CHICAGO.

The CIieaqo Republican publishes an immense ao-
vertisemcnt Of property which certain taxes ana
xpecial assessments OF the city unpaid This aoVe
tiseinent neeesstated supplement to the ordinary p"
per of tyenty-eght pages Of six columns each.
The excitement in real estate matters seems to Increase
nnce the settlement slegslaton Is concerned OF
the principal park schemes and the value OF transfers re-
corded during the week ending Friday night was the
largest for many weeks II not OF the entire season. feac
Sr n ios s57 Prices are still on the rise, the value OF
certain Ontsde property being increased Dy @ the
lots i'm many eases s. $40 aud sl5 Almost every one
seems think the end of this rapid appreciation IS sun
distant The various arehitects ore reasonably Dusy
with plans for buildings large number OF when
viii be erected during the coming season onS9 o Of per he
Spring, thus far has done something 10 delay
There not quite as much activity win builders a. ~
there were more unfinished buildings last Spring, that
had been commenced the previous SEASON. than now ho
year than the year previous Many fine buildings are
however already commenced and architects are actVe
The sn Masonic c are
About TO erect fourstoTy building at the cor,
feet deep Plans are already submitted FOR rebuilding
the Union Park congregational Church Inc south Con
new edince at the corner Of Indianaaye and Twenty
Csrk.sf. adjoining the building occupied by Jcvne q
Anin; also four-story building on Madsonst next 70
Novcker's Theater. Many other still more important
improvements are the tspis. which will continue to
add to the beauty OF the Garden CITY. IkephDllcah
ST. LOUIS.
In the last week in February there were permits
issued for building TO the amount OF t1l0,3J0; In
the first of March the building permits reached
t5sso5 being an increase OF slSlbS We may note par
ticulary two OF the improvements Tor which permits
were secured One will be fine stone front edfce at
the southeast OF Fourth and Morgan-st intend
ed for the use Of the North ST. Louis Savings Institution
and which will cost some $4,000 The other VIII be the
front block Of three buildings to m the now waste
Together will cost some Ss0OOO Their construction has
been eOnfded TO Mr. Francis ID. Lee. II is deserved
compliment TO the owner OF ths properly MIS- Ann -;
buildings 70 her liberal management OF her ample Tor
tune She taking the lead In the matter OF orna
mental stone fronts as witness he piock corner
Twentyhird, and last the business houses above
reported. 49,
creased How great the decrease cannot be quoted with
accuracy In some parts OF the city there has been
and in others less falling of We suppose safe TO say
that generally dWeDghonses are renting from 10 70 ~
less than the prices ruling at this time last
and say 10 TO 20 per cent except In the choicest
localities where there has been no change whatever
WHY the setback n rents we cannot pretend TO deter
mine positively We presume that the general business
iDaniy and consequent hard times Is one cause and the
superabundanee OF dwellings erected last Summer
another.
For all the encouragement OF rentals there is ap
preciatve reduction In the prices OF unmpr0ved city
property The predictions heard last FAN that
less of tumble down would occur during the Winter
been fased again 10 has been often before The
trnth abiding confidence in the fu
Faith as OF real estate themselves Hence
when crisis occurs instead Of Cutting the market with
everse the procedure wthdraSing all property TO await
better auspices In proof Of this can attention to the
singular fact that in times OF great thrift aud abundant
money the newspaper columns are OVercrOWdeo Win
the time becomes Angent there comparatively nothing
Advertised. lSt. Louis DemOcat