, 1874-08-16
Several Important Sales, but
Little General Activity.
Building Improvements in the Burnt
District and Elsewhere.
Potter Palmer Getting Up Model
Restaurant.
Condition OF the Real Estate Loan
Market.

tIHtlE3Grb OAfE .0heu F4n-o' 1At!H"AoN ~
this, the market remains generally lnactlSo' ana
dealers, when asked what they hare done, rec
o,nraend to the reporter an ezcurslon to inc
St,eian shades, it is evident that Investments III
real estate arc receiving more favorable con-
sidc1ation than for long time past inquiries
from purchasers ut home aud abroad arc moro
frequent, aud week By week transactions arc re-
ported which show tlat heavy buyers arc on the
ground.
Such havo been the Bales of the pore BIock.
the Kendall Block, the Ha"loy Block. anu sever
al otbory The moucy-markct is filled to rep1o-
tion with funds seeking employment at the East
ut 1G3 per ceut on call. AID here At per CENT.
Many other avenues Of investment are closed.
Local securities, however good, can absorb bnt
t fraction Of tile money Offering; railroad bonus
and stocks, for years fayo-ite securities, have
lad tho1r day, and arc DOW unpopular; United
States bonds are choice enough, but thelr ratio
OF interest is SO 1ow, and tho premium so high,
that men who eau tare care of themselves prefer
to put their money into something more remu-
ueratve-
On tIe other hand, real estate is sure. and, at
present prices, c!leaa. SO lar as the laws that
govern lhe movement Of real estate prices may
be Judged from previous cSaltatlous And de-
prcssions, it would be expected that real estate
had hardly reached the bottom IN its present de-
cline. Bat an unusual element must enter into
this calculation. The panic Of last fail. and tho
fire, have had their inauoace. Tney have &C
CELEBRATED the decline Of prices; they have net
oulv accelerated but condensed it. Capitalists
zee that whether the bottom has been fully struck
or not. prices have been hurried down much mole
rapidly than lu previous seasons OF depression
! anded property they sec TO be certainly cheap
aud safe investment. and they are evidently act
lug On that determination 4 full recovery OF
Tie market cauuot bc expected for somo time
Heal estate Ill investment, aud tile majority
of traueslneu, merchants, auu others. who arc the
CUSTOMERS Of tho real e1tate dealers. will have
litlc to luves; until after prosperous season vi
lnsine=s. This there is every reasou to expect
this I4u.
SOME tAlES OF THE WEEE-
4. J. + j. Il. G. tr have cosed for alr. Ed
ward F. Dore the :..e OF Dore.s Bloch. on the
northwest corner OF State aud Iadlson streets,
to SaE,ue! II. NiclersoI, President uf tho First
Hxt1oual Bank, for S35U,0}0 The lot is 6d15 on
S.a.e by 105!a feet on Madison, and building
covers the entire lot. Tie consideration COM
rrlsed the eighty acres known Us the west 1s Of
tile northeast X OF Sec Z, 81, II, at Washington
Heights, which WIS put III ut Sl20.0uU. Lie
tract EIJs from Spring street on The North to
Wilcox street on the Bt'n1h. and lies ouc-halh
milo west Of Mr. Hlllsard's homestead. It also
3lr. u. Il. Page has sold to Mr.. II. c. Boyd,
Providence, T. l., cap'ta.ia, 45U feet east front,
GIabu boulevard. south OF FortE-heventh
street, and .::UU feet on both sides Of Calumet
avenue. south of For.y-sescnth street, for to-
tai co1lhlde! alton of S17i.060. H. II. uonoro
purchased tho property about one year ago, OF
Jr. J. j. Page, wLo afterwalu transferred the
ti:lo to B. Y. Ease. Tho last named rarity sold
to Wi,ilaiu Il. Iaye, who is the grantor In this
tr3alsf:r.
c. ". Colc1lour has sold four lots iu sthe Ircn
Workers hdu.;luu, Scutl, Chicago, at Sjt0 each.
Within tue last two weeks O. j. Slough las
sold ]: 1o0 fcst at $40 pcr foot, near Stou.hs
new station, lllusdale. 10 correct o mlsappo-
proper lies mile and half nlong the Chicago.
burlington & Quincy Karoad. aud should not
rr cnnioundel with Western Springs, formerly
called East Hiusda!c, aud Clarendon Spllngs.
which used to be known as West 1liusAa!e-
Stoushs new station is in Hiusdale, aud il
simply an extra accommodation for residents.
J. l.. Campbell l. BIO. have sud eight lots
near the corner Of Till teenA street aud West
cin avenue a. s5O0 each.
Ira Brown reports tue sale Of eighteen lots at
Park kidge at @l00 each I; i've lots III Desrlanes
at $2UU each twu lois III Evanston at SJ0O
each: and live 4cres i'll Tlorton for 500.
J. lIenry Il Jacob rWcl yesterday completed
the saic OF the northeast corner of State and
southv est corner OF Wabash avenue aud Fifty
seventh st:ect, 300x1Ci fert, for S40,Uv0. Dam
icl 1cIarty was the purchaser
rhe sa,ue firm have sold the four-story and
basement brick livery-stabie, Nos ly2 and 19l
East Washington street, 4INl60 fec:. ON ground
with fulty-years' lease, to Carol Gnytes, for
s35.hUu.
J. T. rfanner has sold house and lot On
Hoyne stree: for $4,000:
Capt. \. J. Avc1ctl has sold the first-class
tf!rce-story and basement stoncf front house, 5y9
and Michigan avenue f.,r S25,OD0
Ho has also oolu Us feet u1i Forty-third street
ard Charles arenue for $4,000.
L. 4. Gilbert j. Co. have sold a two-story
frame house aud barn on 50-fo0t lot on Camp
Tell avenue and Van Eu1eu street for SG,50U, to
Joseph Berry. II West Monroe street; also, u
acres on tue ridge ut Washington Heights. for
sl5:uoo;. also ) lots on Harrison Htleet, in
failiarin's Subdivision for - 400; also, 500
wcoj, See. =. L. 81. Il. il, for 4G,550.
to Joscph G. Gates. Of Montreal, Canada
Henderson Il Frear have sold farm in Bull
1ltt County, Ky, for $4,000; u farm in Bal1ltt
Com!ty, ky., for *2.2vo; farm in knre ,Coun-
t., ill.,. for SD o0U; 1ots ut South Eugscwood
for $1,000; luis TT lark Ridge for 52.5O0; .
ho1:sc I'll Colfax avcnue for $4,000; lots in Iu-
Gia.a1'os, Ind, for slG,G00; lots i'll st. Louis,
Mo, for 4.t}U.
park, different dimensions, at $l0U each
: William +. small sold two lots a. Park RIDGE
Union Addition, s6xl50 feet, at s8 per foot;
four 1otn, 1oU feet frort, same place, at st0 per
Aeotf +sHce 1oas III LHfTEtE4E u Neareb 0nD0l-
riscn, ., 49, II, ut 81 l,556 50 feet Stewatt's
suhdivslon, h. !! %, 35 Il, at s750.
Dosc j. Fiichc sold al Lake View. on Fuller
Ton arenue. at ::775O; ono @25x15O ut $500; two
salile sixe at $500.
Z. Whirp,c t. Castle to Mrs. Prescott, two lots
in Whipllcs Addition to Evanston, {600-lots
23Nl't $40.
William d. kerfoot 4 Co. sold lot on VEN
dali street, 26xlUo. sl,Gco.
William II. Conson eold fonr lots in Block of
h1H subdivision, 25x125. $3.50 each; IS feet cor
1eE milwaukee and california avenues. 81 500;
c&chanset 70 lots in Block e. hs subdivision,
with William NJ. True, Quo house on West Van
3'aten' fo1ty lots in same With F. Curtis for two
houses OIL Dayton street.
Robert G, Gly,ns sold at South Englcwood one
iot oi slhcenues road to T. II. Sheanau, 5A00
us !ot o. Clinton street, in the grove, for $500;
MY =, t"o lots III Ste. ) for 3275 each.
1i itotnefoy Weaver Hold southwest quarter OF
x3,1W9. A'o4 80 1'A' on0"'oo'
~ =; l.. Achecver has sold two houses and lots
~ ""co avenue, between Lauciev and Vim
ecn'ea avenues. for S15.oN
george H. LESS has sold a brovn-stona front
.no sto*!eh hugh with basement, on N1chica1'
avenue south Of Twenty fifth street for "a I'm
anu twu b-oNu-stone fruuts Of same acsern;;1t,'
On !"epty-ifth street, west Of Aichir-an .ta,-.,a
at 81, UJt each. h~a A'eou''
u. 5. Ihoulas has sold the house and Int At e,s
West Monroe street for Ss,l50. and tI,e ,,o,,.o
nj fnr nf,f -~A+IG