, 1873-04-06
4 Scheme to Build a " Belt Rail-
road" Around the City,: a.. :;
landlord and Tenant Laws--
Long Leases.
The New Custom-House-.-A Wholesale
Dry Goods end Clothing ~:
-: Quarter.
Transfers for the Week.

days has increased the disposition to buy
suburban lands, but it has also caused feeling
Of greater confidence on the part Of holders Of
land, and many who we're willing to sell few
weeks ago, when the weather was wintery and
the bleak prairie lands III the suburbs looked
anything but inviting are unwilling to sell now.
Spring sunshine and sprouting grass are great
etirnu1ants to imaginations that picture future
suburban Wins where there is nothing OF the
kind yet. But while there is more cont1dence
there arc fewer transactions, for the reason that
the views of holders and Of would-be-buyers
seem to be further apart. Some Of the latter be-
gin to think that, possibly, " tho speculation is
out Of land in eome directions, where the ad-
vance in prices has been great within the last few
months.
The most active speculation just st present is
poIhaps in that extensive, uninhabited, and al
most Inaccessible district extending about six
miles west from the Great Eastern Railroad, and
8bout ax miles Houthward from tho Chicago &
Alton Railroad, comprising about twelve square
miles Of territory in the west half OF the Town OF
Lake, and about the same in the east half Of the
Town Of Lyons. The price Of land in that
direction is low compared to the prices in other
directions the same distance from the city, be-
cause there ia no means of transit to and from
the city. Two or three suburban railroad pro-
1ects for making this land accessible are talked
Of, though, We have reason to believe
none Of them hsve, as yet, any
more substantial foundation than "talk."
The talk, however, has had the effect to increase
the prices asked for q large part Of the land in
th1t quarter, and good many sales hare been
made at prices double what the land could have
bean bought for q year ago. The latest sale We
hear Of IN that direction is that Of 160 acreB, in
the northeast II of Section %, Town Of Lake,
being four, miles west Of Englewood, md one
nile directly west of South Lynne, ut $500 per
acre. There appears also to be some kind Of a
speculative railroad project brewing in connec=
tion with the district between the G. B. d Q. r.
r. and the Ogden ditch, aud extending all the
way from the city limits out to the Despleines
RiVer,. In the ="
NORTHERN PART OF CICERO,
which includes Ridge1and; Austin, and tho North
western shops, there is also good deal of spec
1atve e. activity though it has Grs t% substantial
railroads already built, and buildings being
erected-than the districts first mentioned.
About hundred men are NOW at work on the
Fodnd-house, which is to be part of the G7eat
several dwellings for occupation by persons con-
nected with the mechanical department Of the
Northwestern Railroad ar6 about to bo erected
In this quarter ne hear Of the sale Of 10 acres in
oec. u, pou16 VI a.ao4son stee', ~ oaA l. t111e
also acres in Sec. is, over . mile aud . half
west Of the city limits. and half nile southeast
of Austin, for 81, 500 per acre. ..
RAILROAD RouSp IAE CIT.
entire suburban territory, just outside the city
limits, are being talked Of. One Of these has
sort Of quasi Endorsement from the North
western hailro3a COMPANY and :; It r. = proposed
60 e. me 14 11o n Ron1 p. n the 1oMn o.
you'd pass Humboldt, Central, Douglas, and the
ooutn fa1hs, tnus 1o5.m1ng ne1t railway, "hcn,
N ITS R!ogrosa M9u!a cfosa every laureaa enter
ing Cn1cago: Al tne advantages OF union
depot would thereby be secured to the traveller.
1a4n IIa.ne "ouo 10 1un, say start1ne trom tne
southern terminus and On ARRIVAL at the drst
ctossm8' ne name OF thst railway would be an,
The same proceeding repeated at each crossing
upon me- tne Dali Nc cafcalar louse.
The york on the Chicago 4 Pacific Railway is
now being pushed forward With e1eIEy. About
one mile Of track is lid per day: Tho road is
E3aded, with the exception OF afe" cuts. to
Elgin,. and the track is 1aid distance OF rs
n miles from their Temporary depot, corner North
Wats Ha1ted h street, It 49, j. e.
Eisn BY s The 1eth Of ns1t May, and to the june
ton Oh the Western Union Railway during the
eeason. There 10 considerable activity IN refer
eaeo 70 STOCK Aong the' lne, and the euoscf1p-
lions are encouraging.
mixed t1aln WILL be put on WITHIN week,
running over the completed part each way once
per day. As BOOB as spring has fairly opened q
suburban Taln' running elx or eight times day,
vi VI Do adasd: Inc Gompany Is alreaay supplied M
with conslaerable rolling STOCK TO meet the De,
manda Tor freight and passenger traffic; Several
etano9s are estaollsneo near me city nfnlts,
a1ouno "nicn tnefe 1s macn act1V11y N 1eai
estate. Inc 4tst one OF these ID at
humboldt Park: Lands ad]acant may BE be
pug down at from $1'eoo to S4,Wo
Pe55 pr = acre: M4ca OF II 1a snoaslaea.
ana Is On me MARKET q 1no los. One ana nau
nies .nas WEE % Humnolqt y ne 9econ9 atatlon,
eauea fac!9c: me ianos at th!s pont haYe
% oeen s1oolvloeu nto v1uage 1o1s ana are 4ea at
@ Ao9uI me same 1g1tee as ABOVE: Ne31 70 fac!he @
ana 1Nl ono au9 . naH mnes 1urtneI, u tne tnlfo
= stauoa' .t;a Ganea *a+; helvyn arGve: ne !anas
Saran hnndred 1 snd ~ nu% oeraf
80 - ~ 4s-t1~ ~ as.@o aao ~ 'no
5no.1;4+ ~ ~ = VIZ psGpp"oe - aho % tns
an ~ ;5a =. Iii 5i... tL4o., ootosat9
49, 81 .,or+h ~ anrft - 49, ~
Mest III 10 IN +Aa+ % 4r;Jt, '.'eAS aA'esnAte
~ w. W. stst;o, 10 tsG.1a.rooa .r;,, t.;