, 1873-06-23
REAL ESTATE,

Inere is less than usual to say abont rea1
estate this week. Speculation in outside land.
which has beon prolific source. of itema for
1hree or four months up to about tho middlo nj
.ne current month, seoms to have almost coasod
ING 1ufore to get hold OF acres in tho a;,tr;ct
west OF tho Great Euatorn Rai1road and aorth
ot tos south braneh, anywhere in tho. towns
vi Laso and Worth, has boen sue
oeeoea oy an apathy that borders
oa meense, and NC hoar Of instancea In
"incn parties who made bargains In the specu-
latlvo excitement two months ago, who arc now
Wiling to considor their tradoa "otr, ;" and would
Ake 70 tako back the 5000, $780, or $500 they
pa1a sneh TO bind the bargains, until abstraots
cou'o DO examined and papers for the formal
1sansiof OF sho land made out. Two months ago.
%uon We pointed out the entirely speculative
character and probable temporary duration of tbo
c4cltomont III regard to land in that nartic,,,.r
qlarter, NC were subject to some unfayorahle
criticisms from perBons whose interest n v,a
10 stimulate tho excitement. The preaont dn11-
nesB juatifies what wo said at that tima D,,tia
sAylng that tho excitement iH over 1t shonId MI
pc understood that thore las boen anv daclina
as mus as hana IN taa direction Is Just
bong made s'0l ~as nno tue prospects, Of is
ine of tie bsnsie bsiSo'o Sznooaas, " t5s es1la a.
road road arc just as good as thoy ever
noAo@pe1 a"ps uetLef-but tho chnucee Of bnv.
ing que day and selling the ncxt 4 ay or tho naxt
week 1t 19 to rs per cont advance have djsen.
Reefoa; IN this respect, however, tue case pf
the detriot raforrod to is not very different from
tnat OF otAorb IN almost any direction around
tne suburbs, only that In other quarters improyo.
31ltM nlents arc being made, railroads aro bainr
built, carriage and wagon-roMla ara hiS hoinSS |
na.s nmaGadamizca or graveled, houses are bsjngs bbs
onilt dratns, are being dug. and additional vs1uss
u hteadlly being given to tho land by roasor ~
atS Do1ag mado available for occupation.
STONY ISLAND AVENUE
Aaa now been grageled and made IA pooi1 i, cer-
1ia6o-road aa the South Park bouloyapfla Ill tro
"ay to beventy-hftl Htreot-aa far eouth as cnr.
no!l. IL ls now only about IN hours drive from.
9ay Twenty-Becond street, south on Smith
3afx !, aYonuo, down tho Grand Douloyari
70 70 me fark thonco across to tic Hvdo
1ask Station, thonco south on Htonv Ialsn5
nVenue to Cornell. The wholo distnnce 10 -.
smooth carriage-road AZ can ho found ~ 4ha
enYirons OF any city. Tlis eummer II IL nn,v
ueAghttul suburban drive, hut st t.. AMI ~ -
route one can look four miles furthnr aonth snS
soe the smoko-stRckR and roofs at goutl, Ghi~
rago an objective point toward which thn ctv l. |
s.lialy y, growing. Now, tho houses botwacn iiyda
LAsk STATION and Cornou are low ann far h.
,Woon I'VE or Ei1 yearu from now The whnia
cute VIII DO lined with housos, and tha m |
'orLance of the Calumet Harbor to tha ,sLo
zaf1o Of Chicago will be realized. AAAo
~, ADVANCE m SUBURBAN FAnEs
Ino 10" Aailrosd Law appearn Like cloud IN
,ie horl3on OF suburban roal astate epeoulstion
no Illinois Central has already raised it's r.t.s
or suburban fhres, aud other roads will douht- ,
oSa soon follow IT. example. There ire, how.