, 1875-07-25
REAL ESTATE.
4 Lun that Divides Two
Eras in the Real-Es-
tate Market.
South Chicago Shows Itself the Most
kctive Of Our Suburbs.
No Important Transactions in
the Sales Of the Week.
The Loan-Market Displays the Usual
Summer-Quiet.
The New Boulevard Southwest
Building Notcs---Miscel-
Ianeous.
RECORD OF THE WEEK.

1e~~~N~~3 -
business, feels the effect OF the quiet that ordinar
ly comes With midsummer. large p1oportio.
Of our local capitalists, and Of those from abroad
nho are investors in Chicago realty, are - this
lime tak,ue tnclr annual vacation, or indule1nG
themselves in the rest the timo requires. The
operations Of rno week will bs seen BY the sum-
mary Of sales below TO have included few trans
.c.,ona OF importance. But the presen.
or;et is more than the pause
lint precedes the full activity. II
marks IN interIude in all probability between
tyo distinct oras in the market That which has
lust closed it is hardly to be doubted Is the end
If the pa1.ic period. Unless all the signs that
aro usually taken to denote the condition OF real
estate ire at fsalt, landed property in Cook
County will from this time become moro and
more mercbantable commodity It better and bet
tor prices. Real estate here is cheap It ls in
demand, and will yield m income, as the heavy
Investments in building show. The city is in
-rcasins in population and prosperity. The Else in
he value OF the e1porrabe products OF the North
ness 4s looked 10 to produce generous revival
q trade Ut this place. With that improvement
employment 1t good wages will be ot}erod again
10 work people, and the retail dealers Of the city
will again find profit in their business. These
are the causes that produce tne surplus OF n1oaas
among the people who always. in Chicago. put
.hc,r savings into real estate rather than into
5ubious savings banks.
In another direction the growth OF Chicago is
being rapidly fed. The manufacturing
industries that utilize The facilities OF
Chicago are constantly increasing in czpi-
tai and importance. This is seen paEic-
plarly in South Chicago. A great deal Of activ-
,ty prevails in this suburb on the banEs of the
Calumet, where it Was originally planned that
Chicago itself should stand The establishment
of the ]. H. Brown Iron and Steel Manufactur-
ing Company and other manufacturing enter
preee ut this point have been 1ecognitions OF its
advantages for manufacturing and have H.
ready brought thther considerable population.
The Chicago l. Calumet Canal and Dock Com
paur have sold 50o lots in their Subdivision, at
N average p1ice OF 5000 each. This subdivis-
ion was made Oh the 18th Of January, 1874. and
comprised TOO acres, 120 Of which have river,
dock, and lake frontage.
There are 1900 men now at work in South
Chicago on the various industries situated there,
Rnd this number will be greater when others
Laat are nov in contemplation are finished. The
Baltimore Il Ohio RMroad have contracted for
c,.;s. ~ 10 ,,,1t tv;+,,;,, nc,t for+r d,rs-.ons
on4Laho, ~ ~ N9"s $500 .1;a ~ -.
r. osons taAau a III 90 uue
1n:.eH 49, .a VIZ II n E-e.r ;-s.1 49, ..aoi
works, new foundry anil machine shop is to be
Dulls W F. -. Aano ~ "o.A n]e ICY ~ W
tnts' sao ~ s.A.y uaa7 40 a,.G SAp.sa sIa. ....
1lll % composed. Pc LIS capacity WI
The main building with : circular dome,
will be so feet III diameter, and the wing will BIO
~ lees lone' LUIS iounolJ "iil occ1i! acres
Of ground between Nl..ety-nlath and One Hun
dfedsh streets. On the Hock 1saaud brAnch 10 the
Eo!liuG Mills.
The Chicago Calumet Cana! and Dock Com
pany have opened some new subd1r1sions to
meet the demand. present and prospective, for
homes ior the manufacturing population OF South
Chicago. lroudalc is the tito Of one OF these:
1t il situated On the E. OF Sec u, 81, Il. and
covers $40 acres- l. lies wessof the j. L. Brown
Iron and Steel Manufacturing Company's works,
aud is between One Hundred aud Sixth and One
Hundred ano Fourteenth ssreots And Terrence
and Nillett avenues Streets to the
lcnsth OF ~ mlles will pass through
this property f1cm north to SOUTH South and
east of thus subdivision is the ship canal, 600
feet long. which has been drcdged by the Canal
i Dock Company to connect Calumet River and
Lake Calumet. The canal has $50 feet OF docks
rcady for USE
Tho Canal l. Dock Company also placed on
record 10Th Of June, 1875, subdivision OF $50
acres lying between Ninety-tifth and Ninety
ninth streets, aod Ashkum avenue md ihe
river. This il north OF the new foundry and ma
chlne-ahopa OF Z. L. Lamb.
Still another subdivision is one Of 240 ac1ea
batveen Ninety-ninth aud One hundred sad
sixth streets. and Torrence and Willard ave-
nues, This uas put on record July 10, 1875.
The sales OF tie week are given below, End
call for no comment.
Nichols, Bragg Co. have sold Is feet on
Wabash avenue, 10 feet north Of Thirtieth
street, for =, 500 caah.
A. 4 Bieelow has sold 50 feot on Michigan av-
aune snuth Of Thirtv-fourth ut, eet, and zoo feet
On oaksood boulevard, for s3o. 900.
william E, Dodge, Jr., has sold 481150 feet
with fine business block, On State street, north
OF Madison, for $14O,U00i sold to George o.
Harvey,
A. G. Webster sold No. 4S9 Indiana avenue fol
4l3,00O-
Cali + Craft hayo sold tHo houses On Calumet
Ihlrty-thi1d streeis, ono to a. .. Slaughter and
one 10 n. Il. 9hcoos. lor $o'ooo c2sn eacn-
n.aia.* Gn. ~, ~. "a'e s;S.ea oou ~ -
Ss.us5 Lots J. 23 IN Block G. Ridee Subdwlsion
III South Evanston, and Lot i'll d. Il Nheelcr's
6Cbdl vision IN Evanston.
haloet. nAs pntcnasso tne propeIty 80 90 1e7
George & Knrnn has add to r n. Hnhh.rd
block in k,1nbal's Subdivision in Is, S., Il, fol