, 1870-04-10
REAL, ESTATE.
Selling, Renting, and Building-Be.
ginning Of Work On the South
ern and Western Parks.
MINES Wanted for the Parks-1ransfers for
The Week, Etc.

Notwithstanding the dnincss OF other business,
and agitation OF financial questions ia Congress-,
that make people feet disposed. % general princi
Pies 10 keep clear Of Assuming any new money ob-
lieanons thee u su1 lxEgu xmourS Of real estate
being soad-indeed city real es&ate seems 10 be onc
L Of the few things in which peopie have conhdcnee
enough TO Invest money. This u shown bJ the
weekly Aggregates Of the transiera. Seven
or eight hundred thousand dollars il =. very
| large amount ct property to change own
es ereU week, and, ia proporuon 70
nSpGniNt nite ta.ez larks Volume Il % ousines, IN
sales, however, only proves that while there Are
holders who arc Wiling to SELL there are also peae
PIE xho &c w1S To- PIT "ae ne na191 ten
certain limits, and particularly ali Improved prup-
ertJ. should gradually pass into the hands Of per
noases of sn.tsI Tue
more ast'vtty In pl,IJs improved pF0pssy than
have held until now, have made considerable cou-
cesslons, In many instances for the sake Of realtz
penstye class Of brsck aud marble dwellings Which
builders refuse TO rent Those who arc thus real
izine ore PRINCIPALLY builders b! profession, and
ceirel In new ventures OF the same kind. The re-
t!uced cost Of building compared to this time Last
Shf9 p est q tasI M o.5. g., for material
| ,hr buildings they arc selling at less cost
,,,NIsh, VIII gEtnPsGSsa G,n,n sT9nnd 1T
% ,tmsts q the city srsuna Is held NJ M ns 91a
Those who otter 10 sell at ali, make no concessions
on pTicer, because they know that within thosa
limits the area Of Rsuund IN the market dlmin-
tshcs from year to year, and besides, nearly all Of
Il ls held by owners who are not obliged to sell
md DO not DO 50 unless they get their price.
ACTIVITY, except IN shs s,cinIty Of he bouIesaris
to the South PARKS, where many handsome resi-
dsnee. sIe being erected, and wheEe the snme-
tliaie Inauguration of improvement on the paris
and houleya1ls will make great changes within
the nen tTo month";
The near approach Of the annual renting day
the habts q moving every year, to bunting houses
There WILL be no occa4on this year for any Of the
is large 1um5&r Of unoccupied houses, and ID
moet Ciscs, landlords viii be glad to renew leases
On all houses that rented last year for $500 and
cheaper houses, the aeclue In rents Is less There
was abundant reason for decline in rents: The
Gust Of building has declined 20 per cent within
kinds OF business, and tho dimiuuttou In INCOMES
generally, made It Impossible for tenants to pay
rtnts that had been established when the cutrency
W. greatly depfeeated. compared to what It Is as
present.
will. however, Induce good deaf OF building this
material, and In mechanics wages viii induce tha
erection Of many large and expensive business
1ild!ngs ia ~ parties Tho teel satisfied that next
Increase the demand for all sorts Of tenelnent1
Among other enterprises, We are Informed that
nre! arattons have been made for the building up
Of the whole Of the went ride OF Dearborn street,
from the Gouth end Of Hono5cS Block to Jackson
street. With series OF nse-stozJ marble front
business bulIdtnHA
The Park Commissioners tor both the South
Paris and Western PARKS wilt hegtn work within
the coming week. For the present, the West PARK
Commissioners viii only tcnce In the parks AMI
utah t.ftta nil frtAa
viii MISC authorize ali oWnes. Ct lots fronting
tile Ronlev3ftas connecting the parks to improve
The boulerarsis opposlte thelF respective proper
ties according @ one general plan, which may 10
seen at their ONCE, and, Nhsn such Improvement
IL made to the satisfaction Of The Commissioners,
1t VIII tF paid for out of the park sun,fs.
The South Park Commissioners will set from
hfty 70 sixty lanoren At work On the "a Dre1el~
and " EanEakeen Ronleyanls IN few dars and
81 ne a, me e0"
a.ss'.sa Ih:: hc EnHnecr Of :he p.,s BE- md hei.
41s : L 1T ads ss
:aa n na es 70 es L. st c se
far the Ce,n,seionrrs have obtained s1tlu thr1rta
II !: IL, h S 81 :"f5 ssaa I'd 10 aieW g.
Waite lc arpontd COMMITTEE, with antho1i 10 pur
.s a s.sstf stf pt"s. II? " in.
40 70 essahtssn @ nuL.tty On such rsss Of the park
Es,g!ssl Jhss u tsEpIsie. ef .le Boar, Of South
@ Z M s sa. r = 3 discharged
The Commissioners also had Considerable Discus
Sion III regard to nars for the two parks and tau-
levaIds, or roads leadtnR to them. The parks Il
Will I've remembered, have no names, except the
general one Of "Suuth Parka" which Is uset In
the legislative act establishing them, anu the
names " "kauEAkee h0uIesnri~ = and "Dre1el bou-
iesard," !" have only been regarded as Temporary
ONES, until more appropriate ours could be settled
upon. In the discussion of natnea by the Com1nts-
siontIs yesterday, The American pancity Of .nyen-
ton In Street nomenclature was Displayed In the
disposition to fal! hack upon those cid stanl.hys
lincoln, Douglas, Michigan, Illinois, etc hut as
we already hare Lincoln rark. Lnco.n ayenne
Lincoln street, pDug1as f2Ik, Douglas place, Doug
las grove. and several other 0ouelAees. It would
seem - though. In that respect, Ae2kr1 Lincoln
and Douglas had lsetn m8de sufTtctently faruouA
I he most of The Indian nates arc h2rsh-souniilng
an't cultural and their original NRnl1cAnon, IN
mot taRes, II. when Interpreted Into English cal
culzted TO forbid any pleasant associations. Of all
Inc 1ndtAn Ha1neA IN use In the city, Calumet"
The Pipe Of Peace = IL almost the only one that
hs1 At once pleasant bDund 1nA 4 pleasant nssa-
riation. The residents Of thu South Side ought to
1etl ~ much Interest In naming these new parks
ansi hc beautiful rpAds leading 10 them, as every
fathrF anil mother feels In naming the new babJ,
and We suggest that during the coming week the
pablc take part in thr NATTER and send sua,uc4-
uot 5 for names to the south Park Commissioners,
at their otnce in THE TRIBUNE Building.
The following table shows the volume and ten
s.cnCJ OF transactions In real estate situate within
4 railius extending seyen miles from the CouEJ
HOUSE, during tho week ending April =, the argre-
Eae volume In each direction, and the total IN all
Icing compared with the same for The four previ-
nEe WcfER. -