, 1874-03-15

: - lot, 25xl40 feet, at SIS. Is per foot.
8 lots, 251140 feet, at SO per foot.
lot 251l4o feet, At s2l rs per foot.
: II lots, e511:o feet, at SIS Per foot.
alola, 25xl40 feet, at SO por foot.
: 5 lots, 25114o feel, at $31 Is per foot
lot, 2511*o feet, At SIS per foot.
10 lott, 25x140 feet. at $40 per foot, -
4 lots, o51140 feet, at $50 rer foot :;
lot, 25x14o feet, at $3.50 psr foot, . :.
triangular lot for $4,000. -
triangular !ota for s3Qoo-
triangular lots for I'll ,oDo..
AL the lots ahove $50 per foot are for busi-
ness purposes, aud nome OF them have large and
valuable dock fronts. The cheap lots, a. from
$40 to si5 per front foot, have nearly all bean
bought BY mechanics drawn there by the recent
establishment Of manufactures. The aggregate
considerations for the above lots amounts to
nearly s100, 900. The Canal aud Dock Company
find that it pays them vol to offer sites to manu-
factu,ers where they c.n have dock facilities ut
extremely small cost. in orcar to draw the popu-
laslon 70 this new manufacturing suburb. When
it is remembered that the Company have
from fifteen to twenty: miles Of dock front NOW
available, and that this can bo bought TOR about
ope-tenth to one-ffth Of what dock lots can be
bought ever On, the distant and least
&c accessible portions Of Chicago River, and
the Calumet River is only about sir miles
south OF the compactly-built residence quarters
Of the south part Of the citr, the probability Of
great manufacturing suburb being built at
60utH tllCaaO must be apparent.
Dut7nE the last i've or Blk years the compactly-
built lines Of houses have been extended nearly
three miles Bouthward along tho Rock Ialand,
Pittsburgh i, Fort Wayne and the Illinois Cen
tral Railroads to Englewood and Hyda Park.
which are now practically connected with tho
city: The suburban trainh on these roads carr
business nan from the business centre OF the
city to their homes sir or eight miles distant
more quickly than the horse cars can carry them
one~fourth OF that distance. These intu-
ences will continue to draw population
in those directions, and with an objective poiut
like South Chicago there can bo little doubt that
in q few years the line OF buildings will be con-
tinuous al the Way to that place,
Th=se circumstances, however, seem to be
fully: appreciated and We find indications Of
south Of the city and east Of the Rock Island
Railroad.
We mentioned last week thata snlo Of twenty
acres near the lake shore and just north OF
Seventy first street had been made at 81, 500 per
acre, all cash. The purchaser has this week
he would eel On time, tho would-be purchaser
ofraripg to depoalt $4,000 school honds
as collateral security for tue payment
It 10 per. cent interest and tho
four annual payments OF $4,000 each, begin
ming Que year hence. The price, however. 1t
which the first purchase was made {31, ,5oo) was,
much below what the land has been held at, and
could only have been bought a. that price for
cash. ...,--
ea1e Of twenty acres in the n. ". x of Sec.
east OF ColreII, has also. been recently
made at $4,000 per acre. though thlee-foulths OF
tue consideration in this case WAS other prop
e1ty located within tho CITY limits.
Some weeks ago h1r. B. F. Culver bought fifty
acrcs u the eouth half Of Sec. l, 7. 81, r. u,
railroad crossing at Washington Heights. tho
consideration being $G2 500. In this case, also,
the consideration vas manly Of other property
inside tho city limits.
One thing Which seems to be stimulating
epecu1atiou southward il tho prospect Of an i'm
ediate increase in the railroad facilities in that
direction.
Tho projectors Of the
SOUTH CHICAGO INDIANA RAILROAD,
extending from Parks1de Station along Seventy
firet street, and thence along Railroad avenue to
South Chicago, have bought the IRON for their
track, and propose to finch the road at once.
They have al understanding with the Illinois
Central Railroad by which the latter il to rup its
Hyde Park trains to South Chicago, but Bay TINT ::
If this arrangement does not work eatisfac-
toruy they will put. on dummy
engine aud two passenger cars to run
back aud forth between South Chicago and Park
aide Station, s,hefe the IJdo Park trains OF the
Illinois Central nov ''top. as the entire e1-
cced $40 or 9l2 per day, inc.udingthe salaries Of
conductor aud engineer, their alternative seems
entirely practicable II they shonld be obliged to
resort TO 1t. "a any rats' the interests OF the
lake shoFo anu SCUM chicago property owners
would justify their expenditure in that respect.
TIE BALTIMORE OHIO
ltairoad company ls not lkcly to come to any
tet ms with the South Park commissioners for
fhe right OF way through the lark, though the
proP1aetofs OF the oouth chicago q Ano1ana
ital1foaa, ADORE mentioned, oner tn
me flsht Of way ilee on tEo whole
oI the'r tfack along Kailroad avenue ahd
~ sI Iii III .- - ss e. 49,: ~
~ - ~ y, 4un +.t ~"
~ Ha,t;.,oro a.. = o .a' ~ 90
Ln ,Ltl14ao-1 ~, ~ a~1 d Iuo uoghu1 s.uot e..
.no T.. 's'h lucy nAy auopt aoue ot1iea ie
laa. lav ott1a5 Iae - AosN'e Aa0
'ssa 1e...sa - 80 NttI1 1n,h H., x,- u .
,ons Aut vi ' non t1a3 sns ~ -, p11 ha
rsd T,a porit .as,1S ~ ,.-or
H. ~ ~ = MuI1u nos.t
.n,,,d ~ ~, 1na y. ~ saeu na sia1
,'n1" 1uaa ~ 10 1sau5 - 10y neeo .lia1
M of ",s snn;is not I;nov,, - a n,hc e'A1o
s1,,,ara ara tra a,lnr 1900 t,,,; Twas r,,,
ho East that must soon he applicants for routes
l,roi,ph the southeTu suburbs Of the city.
THE cAsApA souruERN |
,as still 1G0 miles to build before it reaches
" ,t,t.