, 1873-10-12
REAL ESTATE.

Tie financial disturbances Of tho last three weeks
haye affected tho real cstate business M little rs any
other business in the city. Tho speculative demand
for suburban haH fallen of, anu this has
doubtedly been largely duo to the money panic. But
there is much Of TINT class Of business
at this Of tho year In tho best Of
times, mud, oven If there had been no bank panic,
should ayo looked for decsenBo Of sales Of this
kind at this time In tho fall. The demand for small
cheap lots in the suburbs is however, still quite active
aud many aro being sold now as usual. In fact.
thcro Ia to believe that tho dissatisfaction Of
savings-bank 1epostors with tho course pursued by
the sayipgsbanks, IN requiring the sixty days notice
Of the withdrawal, Is influencing nnny Of them to
make preparations for investing their savings in real
estate 1t ia known that many Of them have given tho
sixty dass notice with TINT object, and 1t Ia not
Improbable that within tho next three months
considerable proportion Of the Baylngs deposits will
be converted into real csate tho only invest
rnent. Eventually this movement will revive tho
don1and from capitalists for suburban to snbai-
vide into lots. Even now thcro Ia feeling Of cou1-
heaco In this direction, nnd sone important sales Of
suburban tracta Lave been nntee anco thu financial
furry. It is also believed tat when tho financial ex-
ccment hna subsiled mud b,sincss It's usual
good deal Of captal from Investment In bonds and
stocks 81 all kinds to city real estate both improved
largo aalo Of washington Heights property to tho
amount Of 100000 for which the negotiations ycro
begun before tue pane, has reeontly been completed
Of property most IN demand and tho range Of pricos
are the following:
aalo has been mado Of IN acres, located on Forty
fourth street and st. Ghar!es avens aud sas of tlo
parties als9 aoa slao sSs on the % f9rncr Of Portland
msnta consideration ,l.a sa; ~ co. T. r..
los at Desplanes, prices ranging from 800 10
Noele nishnond so1a 60 feet Of Lot o. Block 9,
Dash 4 shaploy sold 75xioo foot on tho corner Of
Calumet nvenue aud TwentyniutA street; considela-
tion, $4,000.
Leg! Wing Co. sold, last Friday, tW0-story and
basement marle front dwelling, with lot 20sl17 fcot,
esng e. No. eoi West Vanpurcn street, consideration,
Tho parties Bold eight lots III stones snbli-
vision, in tho southwest Of tho northeast Il Scc &c. 81,
siteration, id rail $500 per lot: w - ''"1' '''' @''
Linn Hawkins sold loo ieet on the corner Of Fuller
on 6 s and Hr ,z
Orchard street. near Sophia consideration, s58 ner
foot.
on Ha S; CON e * g
sisooo Also 30 feet Park Ridge. iu Hodges subli.
,iHIon consideration, $500. '>'~>'.
Building Ia steadily going Oh at South EnRlewoot.
Ten houses arc now Ia prososs Of erection. 4 new
81 the Rock 1sIand arcad ansea ffe sS1 sla oint
On Taesday the auctfou at Enelowooa resulted in
tho saIo OF 20 lots ut prices ranging from 50 to S10
per foot tho cntire sale amounting to over 5000. Tho
sao wns considered successfully tic attendance being
On Wednesday the properly known % v. F: Days
Subdivision, near Michigan Southern Hound House.
Of money, lots situated on shurtsE avenue selling at
1860 10 $3.50 per lot On Durnsido street lot 81 tret
front, Hod at $27 o5 per foot. at tle Balno time
sold aao ut auction. lot Wentworth ayonue between
per foot Michael Crowley No. 2os East Twelfth stroet,
tho purchaser.