, 1872-10-27
The Industrial Fair 1zl 1873
...A abstracts of little.
The Lake View Cemeteries
and Public Opinion.
Building Notes---Transfers for
the Week.

not yet show any evidence Of q smaller busl-
ness. It is possible that week or SO hence the
effect Of the present monetary pressure may be
seen in some decrease in the aggregate value Of
transfers recorded. But the depressing effect
thus fer has been so slight that it may be safely
argued that if it had not been for the tightness
Of the money market there would have been q
great speculative excitement. As it il, all
classes Of property arc firmly held,
and even for inside property. which
has been rather dull lately, there is disposition
to advance prices rather than to make conces-
sions to purchasers. For suburban lands there
is still an active speculative demand, and prices
continue to advance ct rate that makes many
cautious people wonder how long it can go on
without pause to take breath.
VALUES IN VARIOUS QUARTERS.
The auction sale Of thirty-nine lots comprised
IN the six acres belonging to Alr. John Daylin,
lying on the west side Of Central Park, and on
the north side Of II Test Lake street, shows great
activity in the demand for suburban lots. Twen-
ty Of the lots front east on Central Park. OF
these, the inside lots sold for prices ranging
from @45. so to $50 per front foot: The lot on
northwest corner OF West Lake street and the
Park sold for SIT per front foot; the one on the
southwest corner Of Fulton street and the Park
sold for S56 per front foot. The lots fronting
west on Davlln street sold for prices ranging
from S25 to $50 per front foot. The whole six
aores sold for an aggregate of $4,000, or at the
rate of $1,000 per acre.
Last week l1r. S. J. Walker sold 25 lots 'front.'
ing north on Evans street between Wood and
Paulina, for $4,000, one half cash, being 5000
pei lot.
Eighty-Fourth street, running through to In
diana Avenue, we're sold during the week at
81, 600 per acre..
Another tract OF S acres near tho depot to be
built On the Fort Wayne Road. at Eighty-F Fourth
street, WAS sold at 81 $780,
The extensive tracts known as the University
Addition: one mile south of the city limits on
the Great Eastern Railroad, is to be the scene OF
immediate improvements. A handsome brick
depot structure is to be built. Nine residences
are under contract for early completion in the
spring.
4 tract OF 50 acres in the E. X of s. IT. x OF
Section Z. Town Of Cicero, being two miles west
of the new Northwestern Railroad Shops Was
sold On July = for $50, 900, and was reso!d last
week, to llr. John D. Platte for 512D,000.
ABOUND TIE OPERA House LOT.
Mr. Albert Crosby contemplaies building
block OF yery elegant stores On the so feet Of
frontage formerly occupied BY the Crosby Music
Hall, on State street. between Washington and
Randolph The old Crosby Opera House lot
will thus be surrounded On Eli sides by some Of
tie finest buildings and most important estab-
ushments n the city, viz The First, Third and
Commercial National Banks, Oh the north and
"IA1ts eAA 4AttsIs I4Gl43 LG4tGI O. w. . 0A5
goods house on the east. The 50 feet Of north
frontage On Washington street, next west Of the
First National Bank, is also to bo built upon
soon.
4 SWAMP LAND sw1SD1E.
Somewhere about seven miles west Of WASH
ington Heights, in Section 10, Town OF Worth,
lies tract of worthless swamp land, which was
sold last year Z. auction for 80 per acre. This
has bsen subdiyidoa into lots Is feet front, and
30 feet deep, and somebody is swindling iGnor-
1aF,nrara hv- Eaf11ey fhcY1 these fnta
dollars each.
TIE INDUSTRIAL FAB n 1878.
It is understood that parties interested in hav-
ing the proposed Chicago Fair, to come of next
Stock Yards, have already perfected plans for
the same. and are having the designs d5awns for
the buildings. The parties who are NOV
ing IN the matter, ere understood to
the4s ez Ills IS $ Hot ths % same sa as fhe 2nc
:aso Industrial Exposition " proposed to be or
5anizod come months ago by Messrs. Scam
mon, Bowen, Drake, Pierce, and others: We do
not hear that the latter. are doing anything to-
ward the consuumation Of their project.- It
anything commensurate with what would be ex-
pected Of Chicago On such al occasion is to be
accomplished, It is time to be perfecting the
plans.
THE ABSTRACT. BooKs.
TO the Editor Of The Chicago Tribune:
4 matter OF considerable Importance, con-
nec5ed with the proposed purchase OF the Alb
stract Bool-s, hns not as yet been noticed in any
Instruments filed for record since the five posted
up in the index books proposed to be sold to the
county ?-because, if these instruments are not
indezed upit will cost several thousand dollars
to do the Work-and this should be considered
Sd Sd that the COT county II purchases
these books at all, it will hereafter keep them SO
posted up that all necessary examinations of
title can be made at the Recorders Office directly
f.-,- L., 1--1 ~rt4L
short Of this viii justify the large expenditure
proposed. # these books are purchased and
kept so posted up that no abstracts Of title will
be required, and no delays experienced in the
transfer Of real estate the county can we'll afford
the whole amount yearly, for the tax for abstracts
has for many years been the most grievous
borne by the real estate interest Of the county.
And every dollar of it be saved to the people,
if they Wil only ineist that the public records |
examined directly from the books at the Re- |
coriers Office. Not only will the immense sums |
paid to the abstract men be all saved, but sales
OF real estate can be made, the title examined, |
and deeds passed the same day. Nov (and it |
was not much better before the tire), after sale
Is agreed upon, We have to dance attendance at |
the abstract Offices for some two months, |
and, besides, pay them . considerable part |
OF the money realized for the property |
before the sale can be closed up. The abstract !
books are merely tract indices of the public |
records, and the county should either keep it's |
public records properly inde1ed or else not keep t
any records ut all It seems remarkable that |
this, or any, other county, should, at any time,
go keep their records that any party could make
a speculation, OF even paying business, By
keeping private indices Of them and yet By |
doing SO in this county, the abstract men haye, |
for many years, been able to levy and collect an
immense tax on the real estate interests of the
county, aud this tax could not be collected il |
proper indices, free to the public we're kept in |
Cue Recorders office with the books. The |
Judges having wisely blocked the attempts |
of the County Commissioners, some weeks ago, |
to take 94oo, 1000 out of the treasury mot
to pay for the abstract OF index books, for they
we're not getting them at all,-not getting even |
3 copy of the valuable ones) to Pay for copy of
used by one of the abstract firms at the time !
they we're making up their abstract or index /
books. Taken ell together, the action Of the |
Commissioners in this case VAS about one Of the /
coolest proceedings that has been attempted in
thus county for many years. and it should have
been much more thoroughly ventilated at the
Tine: It may be said in exclamation that the I
ably actuated as much by ignorance of what they