, 1873-10-13
REAL ESTATE.

The financial disturbances Of tho last three weeks
have affected the real estate business ltto any
other huaineas In tho city. Tho speculative demand
for suburban has fa1len Off, aud this has
doubto1y been largely due to the money panic But
thore ia ueycr much Of that class Of busincsa
at this Of the year In tho best Of
times, and, even II there had been no bank panic,
we should have looked for decrease OF sa1eB OF this
kind ut this timo In the fall Tho demand for small
cheap lots In the suburba IT, however, still quite active,
and many ure being aold now rs usual. In fact
there Is to believe that the dissatisfaction OF
snsnga.bauk depoeitoEa with tho course pursued by
the saylngsbanks In requiring tho sixty days notice
Of the withdrawal, ia influencing 1nnny Of tl1om to
mako preparations for investing their savinga IN real
estate. It ia known that many Of tho Lave given tho
sixty days notice With that object, aud 1t is not
improbable that Within tho next three months
considerable proportion OF the savings deposits will
be converted Into real estate tho only socure invest
nent Eventually this movement will revive tho
denand from capitasta for suburhan acres to subd-
vide Into lots Even there Ia feeling Of conl-
dcnce In thia direction aud Important sales Of
suburban traca have been 1nade pince the financial
citement las susdo aud business resumes its uplal
routne. Of Tho results will be tho diversion Of
good deal Of capital from Investment In bonds and
Stocks Of ali kins to city real estatc both Improved
| ind uniMpravcd.
large sale oi Washington Heights property to tho
begun before the panic. haa recently been completed.
Of property most In demand and the range Of prces
sae has 1oes made Of II .ess., located o. Forty r.
vinsennGs res rosa IT, same
avenue and Twentyeighth street, With improve
Ira Brown has sold since tile lat Of October, twenty
lots at Despiatnes, priccs ranging from S0o to
Nobie i Richmond sold 50 feet Of Lot 6. Block 9,
Bash + shapley sold 7b1l0o feet on tho corncr Of
Calumet avenue aud Twenty-ninth street cousldara-
Ieyi Wing 4 Co. sold, Inst Friday, two-story and
basement marble trout DWELLING with lot 2o1l17 feet
being No. ool West Vanpuren street, consideration,
Tie fsmo parties sold eight lots in stone'a snbdl.
is. s1ilwauloe avenue and Arn.itngo road con
| sideration $500 per lot. -...,--...
TIM Larrabee street. consideration sl25oo
Also 90 feet North olaik street. Doden avenue;
sonaidesaton, slas psr f9ot. Also lsl1l24 lees on
orchaEd street, ncar Sophia; consideration, $58 per
G',sttp wallaco sold two ots in Lawna1e, located
On Park avenue, near Union Park; consideration,
sl5ooo Also 5ofest at Ps5k RIDGE in uodaos' sbai.
Building is steadily going OIL ut South Engcwnod,
rniiroai is contcmpiatea Tho South Chicago Branch
Of tho Rock 1sand Railroad is finished from hs point
On Tuesdny tho auction at Ensewooa resulted in
tho sae Of 20 lots Mt ricea ranging from % to sl9os
rer ioo tho enre 7a,e IT, to 1900 TIE
l
on Wednesday the property known as W. F. Days
| Gutlvj.ion near Michigan Southern Iunud- House.
Of money. loa ett,ate on shurtloH avene selling 1t
frot sold At so7ss per foot Il the sauo limo wss
e! alao At uuctiun lot Wentworth avcnEe, between
o ss "a orowsy :sfa v'
g on Tharsdsy house and lot No. 17a shurt1on nve-
1MpnoyEatEsva ON wanAan AvrApE.
Charles folAnsbee proposes to erc7t during the sea-
son aeyen shree-story and basement 1'arblo-front
Tweatyesseons and rssnty-thsd ssssss Tho sota
| cost Of tic buildings Will amount to 100000.
Z. F. Doro IL erecting four fue st0nr-front dwell
ings, three.stosy aud basement, OH tho soutawest
ToHo elegant reslcneea along with oihcse mentioned
recently IN THE TN1nukE foyty iu ALL place this
avenue among tho 1ras In inlprosonaenss on the
THE Nnss RAILROAD TO SOUTH ost1oAoo.
Three n,lea Ut tho new rat!saad fresa tarkRsaa to
South Clcnga ullcnay graded for tlls raiIb which
now On tAe WY from ltsburgh Il H expected that
during IL, eone See' tho tr4s 6 VIII be cof "
| Hcvsnty-rst Hrcot a,ld lkaroad avonuc. From cnee
to scuia ohsagos por,n Of thy linz 4 graded ana tho
ao Iron i ssosed Tlo stye M of sas Us ased + liz
! English troN rat1,ss, ... 49,. =.
Xsation no,r ta water~worha Ia being orooted, and
Tha ~ ,niea oi rond when tlonc. wall cost about
&700tD and will estond from sout! Chicago to Parl-
elo satLon on The Illinois ootra at Seventy
| The opening Of tho road Will bring into market tho
south spre ans sloug tho luke, much Of WHICH ia de-
srabIe residence property. ....
| SUMMARY or TRANSFERS FoA TIE WEEK.
Tho following is tie total amount Of city aud ah,lr
ban property transferred during tho week enling ga-
consideration, s76i,R5l. Nufth Of city lnita-Nnn,-
her of sales. q; consideration, $4,000 South Q! city
limttH-NllfAr nf aales, 35 consideration, $a2 474.
| tnn, 81 bO0.
| TotAI salea, 1853,
Total consideration, $9s0a25.
| luke EruiGfltM
Wero fairly actyo aud firm at 75u for corn, 8h05go
for wheat, alla t3Ge for Duta to buffalo: Aul l4G Idc
| IN EfGns1m hin rtnm ~, r.,.