, 1875-10-10
verv Few Transactions Reported
in the Market
Operations in the Building Line
Quite Active.
4 Biz Week's Business in the Local
Loan Harket.
The c, & G. c. & D. Co. Borrow 81, ESQ.,.
600 at Nine Per Cent.

almost nothing. DOING. expresses exactly the
OF the market. While all other busi-
mesa shows fair degree Of hctivity,-and the
wholesale ksada WAS never better,-noDodg seems
willing to operate in real property Here and
there, it il true, q sale may ba made, and an &C.
casiona1 trade-they are by far the most fre-
now and then. reported; yet
dealars find it difficult to get enough
to do to redeem their tune nom
absolute idleneae. In the main, however,
the confidence Of holders in their property has
not suffered my decline. They have never peen
disappointed in this, that it they can pay inter-
est and taxed, and hold on, their realty ls sure
to command fair and even renunerative prices.
1t has done so always IN the past, and tha' II
viii again 90 20 is as certain as anything eau be
In tho future. Meantime. building and improve,
tnenta Of all kinds go On apsco. In this regard
business vas never more active, e1ceEt the nfas
aud peshaps the second year after tha great are"
OF our
BUILDING OPERATIONS
the correspondent OF the New York Times says:
THIS has been remarkably prosperous ye1f Will
Chicago 60 fer Is building is concerued Inc anouu
Of money expended rev buildings from tne des 80 -
snd this vii haye been paid for tte construction
aolid buildings Of brick and stone liners Ems not
been fraua building put up IN tho caiy, gu ~
or removed outside the city limits and thear acss
xnYn1hed With brick stone etTuctures 6ezoso ne
panic 20 would not have psoonasa o9 tbs sum
erxt stated. The city has mora 10 shov1ot VIC Aoue5
exuanded shan could have shown a. any otaet atne
htTs ,Ine to nud Handsomely and substantially,
sd 1t tue anne time have taken lessons IN economy.
Materials srs uuprecedontedy cheap, ~
tha same with the nAturA prod
ucts tor building which are almost ~ our
rery doora. To-day it COSTS only abou! tufes-naH ~
much TO nut up building it did lwo years zgo; SO
u,at hEtaudiug tho ordinance TerJ Wisely ae-
ands that nothing uut brick or stone ehaA be erect
3D. tha poor uxu Who formerly found II moro IN aee-
no with his means to put up wooden stsuctufa,
:hes1tuly xcauiesces in this Eequrrnant WHICH might
,,Autwi1e Eeein = hardship. -, -. :.
Ii il an interesting thug to taSe k1ul "oous ~ 10
business portions Of Chicago Just nov aud note the
,Iu@5t unparalleled advancement. -Ihe VACANT 1oss
1t wear ago IN ths old burned district arc mosf Of
mem covered with 6ne hocks and, despite tae etJ 81
:ontrzoted finances nearly each succeeding day wit
se.Aes magnificent mamie or stoLe buaaness uloSk
Stumbling toward tho sky. One year ago aist 1uls "
south sde To-day nearly the Whole Of that space y
:ebmlt and net With anything shabby, but wath gooa
substantial edihccs Chicago has bu.t Just ~hat st'e
ma rct.lcd She is accommodating the natural over
.roxiue uf the CITY and CITIZENS have improved tho
opportunities 10 d because it waE the best thdae hty
.ouid do with their money. Investigation A.o INC
,uxness OF this place shows coocilslyey taat II
suffering laks by reason of iEe paine OF 1910 th,n
.l,At any other Guy in tho countr7 I14ds u neaisn5
u4d strong.
All this is more than confirmed by the e.abo-
rute statement VIC published On Saturday morn-
inc. Oct 9, the anniversary Of our great hro
four &earx aco. Not only the number, but the
ipcraased value 9ud substantial character. AL
,e,ue Of hEicE, Of the buildings, are sure agus OF
tbs real progress Of Chicago. It SHOWS that
aer ..mnnifes1 destiny Of being the largest
.ity upon the continent is 10 be realized long
before another century has rolled away.
TIE LOAN MaEKET.
Tho figures ct the weeks buainess loom up
.ather largely, bnt this is owing to the negotia-
aon OF auttLer loan By the Calumet l. Chlc1-
70 CauA and Dock Company, amounting to
ii, ,25e, $50, FIVE years. per cent bonds. So fa1
Is leriumate transactions sre concerned, thera
s but little complaint amongst our oGn
oan agents, the amount changing hanas
,.yjnr been IN excess Of tne average
II the season, and but little below ahs ne.
lres of a:year ago. There is still good deman2
or money for building purposes, but these ap
,hcations gro not regarded with go much favol
.s they wore short time ago, and extra security
8 required in ali such applications, where they
ire not absolutely refused The business OF tht
aty has been extremely good and the seasons
transactions will probably net larger prof
o our merchants than it has beet
heir happiness to enjoy for BONE years
stocks have been deplated to Large extsnt. and
Ao demand upon Eastern merchants aod facto
aee must, in the nature Of things, ,11npart stlm
illus to trade. We understand That even neal
aome, in our own city. one small manufacturing
establishment is running night and day to sup
ply the vacuum ereated By the demand for 1T
goods This favorable state Of trade must creatt
= surplus, which nnst sooner or later be felt II
The real-estate market, and beget demand fo
cneap building lots BY the laborIng and mechanic
classes, and finally absorb the residences ane
buildings which have been or are now beinE
erected. Heace We See no reason to entertain
fears as to the security Of the loans nade fQ,
improvements. It is possible that our enter
priaing citizens may have anticipated the de-
mand, but the few years that must elapse bofors
such loans mature will have vludlcated the wls
dom OF both borrowers aud lenders.
COMPARATIVE srAIExKS1 FOE THE WEEK KEDISt
OCT. 9.