, 1875-11-07
REAL ESTATE.
The Past Weeks Dizziness Ascribed to
Political Excitement.
An Average Amount of Loan
Business Transacted.


Applied For.
Desle,s in reai estate report very few transac-
tions daring the past week. Several OF the OLD
est and generally the most actiye houses have
made no saIea, and have no immediate prospects
OF Any. Tbs truth is, there is real1y scarcely
austhing dong. For nearly all the week every
body's attention Was absorbed in the election
tad its results. wisely Judging that if out people
are ever ag1in to have an active market Tor
property, substantial citizens must give time
enough to the elections TO put men IN ofies Who
will not consume its entire value IN
high taxes. Property y-owners should na7er
forget that the men elected to tho
Common Council and the County Board
have the power to mortgage their property to An
amost unlimited amount, for those who seek
office to steA the peoples money csre not
rush for the constitutional limit OF 5 per cent
Of debt On the value Of the property on the
pledge of which they sell bonds and then put
the proceeds lxrge}y into their OWL pockets
For the above and perhaps other reasons $50 Gt.
cago has seldom had moro quiet real estate
market than for the past week.
THIS, TO DEALERS,
xery uncomfortable condition Of the market, ID
not duo to any lack of money in the hands OF
capitalists. or in fact OF individuals among a1l
cissess Of the people. Money is Eoundant. bus
capitalists prefer to invest in active securities at
small rates Of interest. and the people to put
their money IN the savings banks. or otherwise
invest carefully, rather to salt it down IN real
property, OF course they hope for lower hguzes
II bile holders, with few exceptions, will not con-
cede much, il anything, from old standard
prices. Their faith in the fnture COM
metcial manufacturing, aad financial su-
prcmacy Of Chicago ia unshaken. ana
hence they hold on to thelr Teal
iaow it ia only question Of time when their
resi- estate will command full rents OF good
prices. and as 10 the length Of that time they
arc willing to wait and hope. While thus ls true
in tie nam, pieces OF property can now be picked
!. q very few years. to realize d fortune TOR those
who have the nerve TO take and to hold
them The men in great cities who buy when
property has xesched bottom" pz1ces soon
r.eEe fortunes; but they are exceedingly wise
,,erha,,s it would be better to say ilcky-who
know lust when the lowest figures have been
reached. On that point each ons must judge Tor
himself.
aPEc1NEE SALES.
L, J. AyereIl sold for Edwin Lee Brown to E.
T. Natkins so feet on southwest corner OF North
Dearborn and Division streets, for $40, 500 cash.
GeogeH Hess sold a two-story aud basement
brovu-stone f1oat house, with lot. 91s Michigan
avenpe, for $1,000; aleo, No 1o1 Twen:y-ff:h
street, premises ainilar to the above for $1,000;
txo-s.ory and basement brick house and lot on,
kroeger street, nesr nscine aFenue, tor $4,000;
lot and two-story frame house No. SIS Fulton
street, for $500: ~ feet No. 20z Ellis avenue,
will. house., for 81, 500, and one lot in Evanston
Tor 25oo.
abeqesn - stTstt eoraer corr Of Tan Baren, vacant
q. asen -e- Soot =. Oh .,,d t,rna ia he imnroyei
iumeolatsly " henoo "1'uans WIZ tHo@
h:ory stone-ffone nouseo' snree rooms oe neep M
lkned in good style; also, sold 1,soo 1eet IN
Payne's Addition to the Village Of Ernuston at
s24 por foot, &2S. 900, part cash and part trade.
Irs Blown sold 20 lots at Thornton, for y 200
70 r 4 Foland % q T.'taa5' Him - !ots st
ra'A Ridge ut slW each; a,a and lots At LaAee'oe
- An.la LAWSON, 1or Sooo:
No. $40 West Van Buren street, for $4,000.
Window Bushnell sold ooe-half Of 1.2o5z473
feet on Harrison street; between o cahtornlA and
hsoauf "a, s.eauee' ~ 5 safI~,ec 1...
We \. seusen soio aoo;s - ai1D lses VI - ~
sso,ao. So ~ ~ ~ $3.50 -
he oas9 la. Of
&c : 'nU ". S.f, ~ 14 - - ''
F. A. Mccormick sold to John ". Clspp 4ox
lo0 teet on MAts0nelo avenue, soutn OF laylot
street, for 312 00U.
sArrRpAF's TRANSFERS.
The following instruments were filed forrecord
e~Aa1oA'' 4No'' ,,,,,rv
F,,to, = ~ wood 81 n : ns,1osu
l.. ata .: - - ~ "ooA ~ = a.o
oateu 'os, W. o''"
T. dated sos: ss... n :; . - :.
{, se1lse & a.sed stpt; y; ;.:;.:;:;;: 2,4oo
~ 49, 49, - ~ 49, 49, 90 . = ~' mn