, 1873-01-13

continue to grow, aud the story Of the past will
10 repeated in tho e1perience Of the future
Transactions have been Light this week, AZ
thoy always arc ut this season of the year, bn:
! the most conservative calculators can give nc
| reason why the activity will not be IS great Ia
the spring as it has each epring for the last ten
| yoarg-
We hear Of one eale Of acres just west Of
Douglas Park at 81, ,090 per acre, and Messrs.
+! Marshall j. Dickinson haye just sold q tract Of
| 80 acres 21@ miles west Of Central Park, being
the E. II Of 8. ". A Of Sec II, Town 50, at 8-15
/ per acre.
WASHINGTON HEIGHTS.
Between Feb 10 and Dec. 81, 1872, there were
| 4G4 transfers of property at Washington
Heights, the aggregate confederation being $3.50,
4ss.
r. MONEY ON MORTGAGE LOANS
is becoming 1uoro abundant. We hear Of in
stances Of parties who we're unable to negotiate
louns during Decombor, but who have done so
without difficulty since then, and it may be SAFE
ly announced that the disbursement OF $25 0OO,-
000 OF $50 0000,0 600 of Janr:1y interest aud divi-
! dends in Boston. New York, and Philadelphia
will put ready money into tbs hands Of just tho
class of capitalists who will senda portion Of it
here for Investment in mortgages that pay per
cent net, and at the same time furnish as good
security az Government bonds.
TENANTS 1t $500 FER TEAR.
As an instance Of the demand for cheap resi-
tlences to rent, we'll known real estate agent
mentioned, q fow days since, that ho had twenty
eight applications in one day for cottages or
small dweilings at annual rentals OF from $500 to
$500. This is probably no greater number than
other agents have had for the same class Of
dwellings,, but it serves to give an idea Of the
deficiency in the supply Of this class Of houses
in Chicago, and may give builders hint Of what
will pay the best to build next summer. Five
huEdred dollars year comes within the reach OF
tho great majority Of sa1aried men, aud therefore
meets the necessities Of one OF the largest class
es Of the community But there. is an addi-
tonh reason for the demand for
Chicago: 4 great many men are coming to Chi
cago now from all parts OF the country to go in
to business. These persons understand thxt tho
general upheaval of business relations caused by
tue fire Of October, 1871, has made opportunities
for new men to get foothold here in business
they know that the extensive rebuilding OF the
business portion OF the city has made a supply
OF at least o1e-thfrd more hrst-class ofice-room
than there Was before the fire, and that the
probabiities are in favor Of low rents for Offices
for year or two. These circumstances being in
their favor, their next move is to get house rent
at such rates as men with few thousand dollars
Of capital can afo4d topay while they are getting
established in business As has been mentioned
before, the fire ordinance has had some effect to
diminish the supply Of houses ut annual rentals
OF $500 anywhere within the fire limits, and
hereafter great portion Of tenants Who cannot
pay more than that must go outside the territory
enclosed by the fire limits to get comfortable
houses at that price. Many Of them will live At
ity OF the West side parks, where cottage and
fifty feet OF ground can be bought for $1,000 or
$4,000, and paid for in annual lnsta1ments run
ming five or si1 years, 30 that the payments on
tho outright purchase OF home will be but
little more difficult to meet than the payment Of
$500 per year rent It is possible, however,
that the owners Of many Of the busi-
ness blocks in the central parts Of the city
will hud it so difficult to get tenants for all their
upper floors of their buildings into suites Of
rooms for families. It is to bo hoped, however,
that this system will never become popular here,
as the effect of crowding families into teue-
ments has been damaging to morality.
REST FRONTAGE FOR RESIDENCE.
Most persons, il they had the choice Of posi-
tions for residence, would, without much
thought about tho matter, probably select q
south 'front.' but writer in the New York 1fait
on streets running nearly north and south are
far preferable TO those located on those going
east and wsst in q sanitary estimate In the
first, here at the north Of the equator, the Sun
shines brilliantly in the forenoon on the front,
and with ~ ns96y 4 r.s equal na force in he
expelled and the whole edifice ia dry and the !
mir far purcr for its solar exposure. II q house |
is on an oastandwost street, those fronting north
are decidedly the best for q residence. because |
kN2 Suu b ACAQu Oil kl8 3AlAY A11G 6ItCuEu> &UQ /
usual regions OF neglected accumulations, puri- |
6es and modifes the humid atmosphere that is
suJe to predominase in yards and the back side |
Of hc~"es whose rear is north OF the street. !
Thus circumstauced, the back rooms are never
10 pleasant, cheerful, or economically warmed
IN winter or ventilated in summer, as when on !
he south side. Opening on the street, the |
'reme Of each gets both light and sir by
.eason Of the frequent swing Of the front door,
This would doubtless all sound very we'll
INIT
n Chicago have felt dissatisfied with during the
oast week, it has been doors and windows open-
ng to the west and north, to let in the recent
of wind from Alaska.
TIID PROPOSED LAND pfRACT.
The discussion OF tho Bostwick claim is still
ife in various quarters, with 3 general fading
mt Of the aspects that ut first gave apparent
o1idity to the case OF tho parties bringing the
ion to the matter Is Was borne BY Messrs. Dod-
on l. Pogg in the proceedings Bardell os. Pick
rick, according to the sworn testimony OF Mr..
samuel Weller. This seems to bo the view OF =
and owner in the tract in ques-
ion, who thus ives vent to his feelings On the
ubIect:
SATURDAYS TRANSFERS.
The following instruments wore filed for record
n Saturday, Jan. H.: |:
IN p,oc. gtT1 Sbssaa n5a,t,on dated
Indiana ~, near Fifteenth 1t, t, Is It, dated Dec
b. 46t& SQuk1uGTdIot1t |
East Is Of IS It Of Lots Is to 49, in Block 10, Of
iortons. . u Of nv4, Sec II, 90, 23, dated Jan.
0 consideration, $5l0.
Lot Of Lots and Of Lot O. In partition Of 81
swA r. Sec 8, 80, II, dated Dec. 10, 1872; conEder
on, $6:.a33
Lot in same, dated Dec. 10, 1874; consideration,
5,489.
Hurlbut Ct, cor Of Sullivan ct. es1125 IT, dated
an y, 1872 !; consideration, s, 800.
Division st, Of IArrubee ut, +, n Of Lot S,
ated Nov. 25, 1872: consideration, $1,000.
Monroe 81, bet Campbell and Western AVE, II +, Lot
10 It Of Lot 22 dated Nov. T. 1872 consideration,
10000.
Lot II of snbLot2 Of stinson's part Of sub-Lot g.
Block 25 SEC %, %, II, dated Oct. 6, 1872 con-
liberation, $500. |
Lots II and IS Of sab-Lot I, IN same subdivts-
N, dated Aug. H. 1874 consideration, $3.50.
Lot ls Of sub-Lot in same, dtted Dec. Il, 1872
$500.
Lot a. IN same, dated Dec 10, 1872; consideration,
'00
Wentworth ~, of Thirty third 1t, I, undivided
Of 25xl00 II, dated Jan. 9; consideration, <t25.
West 132 # OF n Of 4 Lot u in Block Of shef-
eld's Addition, with improvements, dated Nor. II,
~: consideration, 81 goo.
Wentworth ~, bet TwentJ-nnth and
hrtieth sts, Is It to alley, dated Dec. g. 1917
'usideratiou, 81, 500. ,
Mat rru,aotx .aoor7 - -r |