, 1873-02-03
eoup t1olusIon In 1t Tint will sorlo dny 10 gutl-

priCDH Horo Ill Gnicfb0f
cd volume Of rroileemnbto o!rrol1py, don't 500
but prices lnay bo sustained"
"!1lon you attribute tho continued ri In
values to nj, infla:ton Of tho. curra!oy md tho
" Hcs, to \ largo extoltt. Currency IL n,e1-
I'M Of exchanging other thieGa, fNotor which
can DO pu. to ilgo IN no othor why. Credit haa
becn expanded md coined, rs y Vero, :into.n
tangible ullapo, ~ oxcoss of the 1cEltin,!ato
Bit, hong in oxislencc, md having no
nouns OF retiring as It would naturally do II II
wero rcdeemable In epoclo which could bo OK
ported, It ohlfgea M iucroaso OF transactions to
mako artificial employment for jtH Bupe nbun1-
ancc. Failing to lind uufaoieut occupation II.
tho Enccutntton In commodities, 1t affects real
estate and incroancs tho volumo OF transactions,
mud the activity Of trading in land crcntps tho
popu'Gnr Impression that the lan'l ia riping i'll
But don't you admit tint The rise III valuo Of
roal ostnte II Chicago is moro largely attrlhua-
bio to tho innroauo OF trslo mud population of
tho city? Yon 800 that III oEl!nr ldareu o:on II
tho Went, real ostao hes not 1iscn in |a!uo us II
has here. ,-.. 49,,
tent tho immediate .cRl1so OF the illctcnRo of
rriccs, but tho growth Of the city, the incroaso
Of trndo md speculation aro all in q moasllro at
trihusab1o to tho rad1nianco of tho currency.
When. the currency ig allowed to contract to its
nnt'tral volume, speculative outorpsloos will
diminish tradc, VIII full of, md Immigration
a specie basis lust November and Docenbor
thpro would have boon not only n currency panic
but general commercial panic, md real oatato
would have deprcciuted largely from proacnt
With your Views, thcn. would YOU adyiso
ron who havo money In any sum from 9500 up
to 10000 to keep olear Of roal estate
nblo 6hrhkago Of values that would result from
q teHunpti01l Of Epecto payments tuyc8tntontH
iu realestato eroaftora theaafost for lilo largest
class Of men, becauBo thcre aro comparatively
fc's, Of those who ever get hold Of money by any
In trade, aud oven will! there few, a1.cccas
Is i'll most cases only temporary !; thoy
mako money, but do not keep it. .Iho faot ID that
1t is tho men Of mediocre talont who accumulate
mid heap money. They arc not Hu1art, and thoy
know it. Huving once got hold Of money they
are afraid to trust their own Judgment to invest
1t nany but roal estate, orsomething Of that
kind, which can novor loao its whole value, un-
less all the rclatlona Of commerce md society
nro broken up. The most cautious ones prefcr
Investment in mortgages, which bear 10 per cent
interest," but, in the general oagolneRs to mako
the most, are not satisfied with 10 per cent per
per ann,lm, and tnko tho next safest thing,
Tile foregoing, II not tho exact words, Is ut
least tho wholo substance Of the opinion OF ono
OF the most thoughtful and successful bankers
In this city. On the whole, We should conclude
that in lls opinion any man who was not salts
fed with 10 por cent por annum, accompaniodby
as 1,car absolute security rs can be had, could
not do better than invest in real estate.
SATURDAYS TRAxsFERs
The following Instruments wero fled for rec
ord Oh Saturday, Feb. L:
Mohawk 1t, bet Iinden tt und North Nv " +, % # to
alloy, with buildings datctt Jan 3t: consideration,
Lot i, in ny of Block Is, In Drnnd Add, with other
property, dated Jan. 24; consideration, $4,000.
North Dnrta st, bet iinz!e ct and Washington nv
'''ssa4 Wei siss bet Lincoln and Wood sts soft
suiot IL Honorea Subdivision, Block IS, seo 80,
Il, With buildings, datcd Oct, 1872 consideration,
seymour st, bet Fulton mud Knzie ats, " I, atx125
Wood st, cornor Of Knzie It. Lots ii to a3 dated
lot 70, - Alnn,a' Addition, dated Dec. II. 1879;
consideration, 5000.
so1ioo t. aed i: bee CO. % saa so
Lois 10 md q, IN Brown and Hurls Block 3 III Car
pe'tera Addition dated Nov %, 1879; consideration,
n ing partition Of 4 see ~ - for 1aread dated
one hundred # across the v x Of tho above lot,
dated Dec. o; consideration, s, 100.
IT 70 aiieys dated 5nns i eeasderatloa, $1,000.
Emerald 81 Of Thirty; at W.T. Is It to alloy,
dsa 3a L. omns a1a eS st, ttto
aGy Murisut ta Sc of BlseE haS II Ii alley,
Henry et, cor of Iain i, t. IA # to allcy, dated
Jan. II consideration 81 900,
Part Of tho aDovo lot dated Jan. 27; consideration,
State at, 1ctwecn Thrty-1rst and ThirIy-aeeond sa,
VT, l5o IT to alley; alao, Wabash ay between Th!reth
aud Thtry;rat es, VI q IT to alloy dated Aug 15,
Uiayton ct. cor,scr Fisk st. {, 2511oo It, dat cd
Jan. SO consideration, s., 400,
NE Hs5sa 1 s ssisa q T. I?ss psEt Of
Gracn ST. botvccn Van Bnrcn aud Tyler s.s W +, 251
Third at, between armour ard Biclerdlls sta, I,
= f to alley, dated Dec. !, 1879; considerations,
llorgan hs, Of aud qurley ST. T. Lot ., dated
Ja,. o; consideration, 81 900.
North w, q It " Of Seymour av, ns e5s125 #, dated
naas ~, ii Il q Nesih av, wi, a5xlea IT, dated
Fyb i; coi'asi.dlcsat:on, a.l s35o, o-x1oc ,. ;,,.o,
Feb. /: consideration, $3.50.
Second a bet Armour and Dickcrdike str, I, . #
- Lot Ip H. mn IN s: Of 1oek j. 4 &c. ao a, IA,
dated Nov. 0, lx12 constipation. 500 o,u.o,. :.
aais ssSfSSs fs aa eas'D
Nora corner Of Ktrsch st, VT :5x2o II, dated
fsS ss;oar 49, s. e os rscl s f. ssr,ss it,
dutc1 Feb. j. consideration, $3.50.
seymour Nv, 20 + ot Airseh at, W 1, 25x1eo It,
Dated EID coHsiucrnt.Ony Sl3U.
Wcateru nv, 900 It Of 1rsch st, a5x12c IT. dated
Feb. ! consideration, e75a
Dau.a av cor Of lIirsch at, f. 5o<120 It, dated
F6b, ! }; confederation, sl030.
Nora ~, a6 1t y Of Nf.sh nv, W T. e5Sl28 it, dated
Feb, /; confederation $I3O.
North ay, 10 # OF Nora ay II I, o4x1c5 *, dated
Feb, i; consideration, $500.
Danfa av, 111 # Of ursch at, n 25x1et #, dated
Feb. u consideration, $500. -.,
Seymour ay, 315 It Of North av, IT. o5xl2B It, dated
Feb. l consideration, $3.50.
Qunn st. Of and near Wrong 1t, I, Is # to nlloy,
with buildings, dated jan, Is; confederation, sl60o
Tho pronises M. o. Wilson st, dalea lsuv. lG 1879
consideration, $4,000.
EouIH Clrf LI.IIT5.
South 1871 So -1U0 # OF Dsock Il, Of Packers II CTS
" = Sec. g. 81, IT, dated jan. so; consideration,
$4,000.
Exauttao ny, between Torty-nlnth md Fiftcth Gt1,
Of, 173h1l5u loft, dAed Oct 2, 1879 consideration
$1a 000.
Lots IL and e, in Block 19 in Adam smitha euba-
vision in 4 Of Sec &c. 80, u, dated Sept. 27, 1872
confederation, 5000, ..-..