, 1874-04-05
The Market Of the Past Week, and
Prospects Of the Spring
Trade.
Seasonab1e Activity in Rents
---Average Rates.
Some of the Prominent IFans-
fcrs Of the Past Few
Days.
General Expectation Of Increased
Speculation.

General E1pecLat1on u uc11aooe
Speculation.
rhe indications Of the past Teek in tbs real
estate market point p1ainly to the fact that tht
hno7.nt feeling Of the week previous ID fulJ
sustained. .
There are many sales Of large amount pending
the action OF Congress On the ourreacy bill
xhic., arc tho legitimate fruits OF this weeks
labor. but which will not be shown IN thu trans
fcrs for some time to come. The fact that
<;,ese trades are not closed substantiatea the
oo;nion tbat customers and dealers are both
.ra;t;nr the effect of the imitation bill. There il
erery indication that an exceedingly a<:tive Sea
soa will be tho result, however, and there is
now scarcely firm but has some important
trade in negotiation, Which only awaits the def
mite action Of Congress ono way or the other.
There Is large amount Of capital in the hands
of brokers in search Of favorable chances. One
firm reports several letters from Germany dur
ing the week making inquiries with view to
loaning on business property, or toward pur-
chase for improvement. 4 number Of leans
have also been completed.
PROMINENT TRAssFEns-
Among the most notable Bales Of the week aEe
By ". D. Kerfoot d Co.: Six acres; north
west corner rTwenty-Bocond aud Jefferson streets,
sG0,000; three acres, corner Of Fulton and iea-
By s. n. Fay: Thirty acres 1t South Epgle-
wood, $50, 600; five acres at South EnElewood,
Ell. 500: 500 feet at Washington Heights,
5000; ten lots on Harrison and Tyler streets,
s27, 500; residences Nos. IA and Is Groyeland
court, SO, 900; Nos 45, II, ~ 81 and 81 thirty
By Y. Il. Sampson l. Co.: The residence Of
". H Loomis, Eeq., On Vernon avenue, near
Douglas place, $4,000.
Levi wing Il Co. sold tho two-story frame
house, No; 179 Walnut street, With lot - feet
By Charles Cleayer: Residence, No. Calumet
avenue, with SO feet Of ground $35, 000-
By. J: 8; Gould: Lot on Ontario street, 2o11oo
b. Campbell Bros: House aud lot On Camp
bell avenue, $500, two lots on Tyler street,
5000; cottage corner Of Jackson aud lamp
bell avenue S., 900,
BY Larkin 4, Jerks: Two stone-front resi-
dences on Indiana avenue north of Thirtietk
street, $4,000; 10 acres On Chicago avsnue
west Of the Northwestern Car-WoEks,-to ba in
proved ut once.-s29, 900.
By Snyder & Lee: so feet on the southwest
corner OF Michigan ayenuo and Twenty fifth
erection Of nine brick houses, three on Michigan
avenue and SIX on Twenty-ffth street. Mrs
Lucy E. Briggs is the purchaser from + c.
Ga1ribrnnt. This firm also report the sale Of
other property amounting to S2Go, 900, but IS
sale is pending il adjacent properly they desire
the location withheld
Warren, Keeney Co. have made the follow
ing sales during the past week OF property ut
South Evanston: To Mr. c. 2. Luse. OF Des
Moines, Iowa, houae and lot: 100 feet front on
Arnold avenue, between keeney and River
avenues and other property adjoining, Tor
$4,000; also to Mr. c. C. Howell, Of the same
place, 1900 feet front, located on Judson.
Wheeler, and Chicago avenues, for 200.
being at the same rate Per front foot. These
gentlemen will build fr- residences the coming
eea6on. Tho same fri: have sold to Mr. IL. l..
Jackson, OF Dexter, Iowa, Z tract OF land vest OF
the ridge at South Evanston, for $23,A 400 Ar.
Jackson intends to subdiTlde this property
during the summer. They have also sold to
6ever parties fourteen 50foot lots Of the recent
purchase Of Mr B. F. Allen, at from S25 to $50
per trout foot. The dwellings, being built for
him arc going forward rapidly. 4 block OF eight
brick stores are now being built in this suburb.
THE 5cAaIMoS PROPERTY.
1t is generally thought that the sale OF the
property and Improvements located on Wabash
and Michigan avenues, between Van Buren and
Congress streets, which WAS made at public
tie United States Mortgage Company, will not
be verified; but TINT Dir. Scammon will be able
TO make arrangements for its redemption. The
bid Of S100, 900 ut which it was struck OF ls, of
course. no indication Of the real value Of the
property.
There has been unusually active inquiry
for North Side residence property during the
Teek; a1d, though there are few sales reported,
:here are many trades in prospect. The accessi-
5ility of this section Of tho city renders it pecu-
ia1ly attractive ut this period Of the year, when
10 many are looking for homes. Dealers are
confident Of an act1ve season from nov on
kard.
TIE CANAL STREET BURNT DISTRICT
promises to be built up in better shape than it
xas before. The contracts have been let for the
,rection Of eight brick stores during the past
Feck, and other owners OF property In the vacin-
lty a1e prompted By this action to contemplate
ocated inside ct the fire limits.
EESTs.
Probably more activity exists in this branch Of
he realcstate traffic than any other at tho pres
.nt time. The Offices Of those who make spe-
salty Of renting stores. Offices, and dwellings,
.re already crowded a:th thronSs Of inauirerB.
There are few con1xncts yet closed but many ure
6guring for leascs. The Indications arc that
store-rents will hs considerably lower,-probably
Is per cent.
The following new stores have been leased
turing ths week By W. II. Sampson l. Co.:
Store and basement, 1I2 East Madison, to Y. H.
5chimpfe=nan d Co., for fancy groceries, at
70 kusemnn d Co., fer wholesale and retail pic
sure-frames, ETC.. 81, GOO half OF store aud base
ccnt, 176 East Madison. to Henry Freedman,
rho wil occupy it as crockery-store, at 81, 800.
AVERAGE RESIDENCE RENTS.
4 general idea Of the prices asked for resi-
dences may be gained from the following in
stances Two-story aud basement bricks On
Wabash aSenEe, near HaEmon court, may be had
at $3.50 to ST, 600. These are in fair repair, but
not now houses. thrce-story and basement
nr1ck on Michigan avenue, near Fourteenth, is
one-ed at 81 ,5u0. South Of this, on the ave-
nues, arc several other similar dwellings, at
about the ea-aa rate. L good two-story and
basement doublo frame On Twcnty-second street,
ar{Fn t4nAE