, 1874-04-05

take, but not generally at higher rites than hay,
prevailed up to this time.
a feeling prevails among the renting clae:
that IN view Of the times aud the fact that VT
no" have as many dwellings, IS ever, there
| should be and will be decline; and The AGENT
report that customers are very firm in their do
| mands Tor q concession Prudent landlords who
sail close to the wind are closing at slight reduc
tlons, but it is difficult to tell what the result OF
! tue next four weeks will te in the case OF dwell
[ lighthouses Of medium class, for which the
| great demand exists. The finer residences will
undoubtedly, be rented for something less than
before, ns they are in excess OF tho demand, and
| customers are comparatively few. Cottages, OF
| which Chicago has not enough, will not probab-
! ~ be let ut any lower figure. It is misfortune
| to both landlord and tenant that stated period
| OF leasing should have come into general
usage. The same embarrassment Ii met each
year under the 1st OF May excitement. Both
parties are induced to hold OF ns long as possi-
bic In the hope Of securing the best OF the bar
gain, and they are thus placed, in a moasure In
q false position toward each other. On the 1st
of May dwellings, will be offered for $500 that
would bring 81 1000 per annum the day before !;
and more than likely, after remaining unton-
anted during the summer, will be leased at the
rate Of 5000 for the rest Of the year. On tho
other hand, the tenant grumb1es through tho
whole year at being bound to = lease at 81 ,000.
ut $780, if he had waited till after the 1st OF
May This is the legitimate outgrowth OF the
Plan Of making all leases date from tho 1st OF
May. 4 mora uniform and legitimate rentage
would prevail, if the plan wero abandoned en-
tiroly, and the parties allowed to fall into tho
regular channels Of supply and demand.
OUTSIDE PROPERTY.
An instance Of the relative advance Of prop
erty adjacent to the city may be seen in the
following: Ten years ago, ". B. Pierce pur-
$4,000. Last week he made ealo Of 800 feet of
this land-which is little more than third of
the whole tract-for $4,000. an increase On his
Investment of over 400 per cent year. This Is
al extreme case, but there are many others that
approximate it, and, perhaps, there re- will be
instances in the future even more startling.
In suburban property, while it il yet too early
in the season to predict as to the future, the
dealers feel great confidence that the spring
season will be a good one for them: Iraders
arc getting ready their new subdivisions, and
laying their plans for village improvements.
The following instruments wore tlod Tor roo
ord Saturday, April i:
CITY PROPERTY.
Huron st, 33H # OF Sedgwick, At, 19Axl0o =,
dated March 24 consideration, s., ,s25.
Milwaukee ~, 100 # 8 9 Of Rucker It {, Azl1o
#, dated March . consideration, 49, .oo9
Bushnell st, Is It v Of Portland ss, I, 25x1a5 II,
dated March ! :; consideration, $3.50,
Madison st, 100 $40 # Of Franklin I, undivided
Of lo1183 IT. dated April consideration, % Scs soo
!; consideration, $1,000.
Park az $50 Lilo It Is Of Faust.sf. so1s* IT, dAted
CLARK St, 24o It Of Van Buren, 1, 25r1o3 #, dsted
Ap s. soastaesaen ga aa $a9 a,te March %
consideration, $18, 900.
West Madison st. les It Of jefferson st. (, 2o1l37
It, with building, dated April consideration $25,-
0oy Ia Hsm, a. teRn1 M Il n2ac es ae
dated Feb. II I; consideration, s, 400.
West Washington st, cor Of Despladnes 81. n I,
undiTided II Of 4o174 IT, datec april /; considers
D.cE Hawk 1t, Ass IT Of oleaver st, ST, Asss1
ook It the above, daed March consideration,
ogden av Of Taylor st. +, Triangle lot OF eo 7-1ox
Ewing st. l1s It Of ?s7amento St, I, 6drl4sS II,
dated Feb. S; consideration, $3.50.
Twentythird St. 275 # q Portland av I, o51&s it.
dated April 8; consideration, 5c.5.
Jackson st. 25l.4 # Of Rockwell q, c21125 71o
It. dated Mnrch y consideration. 5000.
sdssnh s14 g: asG Of 5fdisn" o '
Michigan AZ, " cor OF Thirteenth st. . I, 27u71 #
dated April p consideration, $50 QUO. Albert n shep
pard TO Charles B. Peet 1; Co.
Johnston st, 1G5A # Of Twelfth st, #, a511oo it.
dated April l; consideration, s., 400.
Twelfth st. Tof Centre ~ +, 251124 IT. dated Sept
Bisee1l st. Of Sophia st. VI i, 2o1125 IT, dated
March 10 consideration, <5, 900.
s'ts Co. improvements '''s' Ap'A ''n'''sE'o0o
SOUTH OF CITY 1rarrs.
Lot i, in Block Of FawBett's Tsrt n.N Sec. l.
Lot g. III Fish Il Young part of Lat s. Assessors
\ Of Sec 4, IS, II, dated March Il: eonsidera-
ton, <375.
Lots to II, in Block II, Stewards < Sec /, 80,
10. dated April 4; consideration, 81 800.
Lots 28 and ~, in Block 6, 0rvis Il Of Il Soc
T. 80, "A, dated March 20; consideration, $500
Lot II, in Rosenmcrkei's Lot 81, in Sec IL, 50, a.
dated Aug. 5, 1873; consideration, s1.G0o.
Lots and 10, in Block Of Herring's part II q
4 Of y Sec H. 49, II. dated March 9; considera-
ton, $3.50.
Lot except west feet in Bock19 Egandale, dat
ed March IT; confederation. s., ,400-
SUMMARY Fon THE WEEK.
The following is the total amount Of city aud !
suburban property transferred during the week |
ending Saturday. April i:
Consider |
No. Gales. alton. |
City property. y....-................112 $GlG,945
North of ctr limits 10 95.ll3