, 1876-08-13
SALES.

LITTLE BARGAINING AND FEW BARGAINS.
In the real estate market last week even the
negotiations that gave some appearance OF II
vacity to the situation in the preceding week
were wanting. Tie large amount OF outside
3:;,ital which THE TRIBUNE announced was
here for the purpose Of picking up bargains has
mt been withdrawn, but the purpose OF its
L.dcrs We are informed has been changed. The
prospects Of obtaining investments in real es-
.:'t ut prices satisfactory to them is appar
entity 81 il1uso-y that it is now sought to put
d! the money in good loans. But even this
proves unexpectedly difficult About all
l:s>. desirable borrowers ere already
supplied with the funds they need.
Satisfactory security it is hard to FIND, although
I he Rates at which the money would be lent are
low and tie commissions light. This is noTel
E:l IN interesting state of affairs. That cash
ctls RS like those We have recited in this column
i'll previous issues should be made aud refused
rai,,s counter to the views generally entertained
4: the extreme depression Of real estate inter-
t~1s. II shows that the owners Of productive
Improved inside property these remarks apply
!, no other other kin kind OF property are veg firm in
the future Of their property There is de-
Eland for such property evidently The
difficulty capital experiences in finding
tayestu'ent IL; IL 1 loans on on g good ; sceur,
aspect OF affairs. All the cha nnels for safe in
ytst,:,eEt arc choked up. Capital is piling up,
a:.si must soon look beyond mortgages on real
estate and Government bonds for employment,
OR else capitalists will get no return for shcir
cnnlul.1ions- Whether capitals new departure
will be into real estate, or into what arc now
known as '>fancy'' securities, is an interesting
and important conundrum. The man who
glrsses it right has the golden key Of fortune
in his hands.
THE PRINCIPAL TRANSACTIONS
Of the week in real estate were as follows
Warren, kecney <E Co. have sold SO feet on
Tinman avenue, South Evanston, for s, 500 to
Ch::lts Orchardson.
,tcssrs. Mead d Coe sold 90 feet on West
Adams street, near Lincoln street, for $3.50
cash.
l.. A. Gilbert sold o5 feet On jackson street,
1po feet north OF State street, for St, 200 cash.
T.. Il. Rice sold distillery ard site on the
to tho Chicago Alcohol Works, for $4,000. :.
The West Chicago Land Company sold Blocks
II and 1G in subdivision of the ". x Of the
S. f. { Of ), 80, IL, for S20,ON1
a. t. Smith sold house and lot on Park ave-
n':r. west Of Puulina street, for $4,000.
q. T. ostrom sold house and lot on LaSalle
street. south Of Chestnut street, for $4,000.
II. Jefferson sold 240x115 feet at the south
west corner Ut Franklin and Centre streets fo1
$4,000.
L:rnan Ellis sold house and two lots On the
northeast rorncr OF johnson place and Thirty
n;::tI! street, to Delonas ". Potter, for $4,000
l.: {. fitne1, Lot and part Of Lot S, Block
G1. E:a'sten, with improvements, for $4,000
4. D. Coffee sold undivided half of 59lxlGl
fc*'; ol the southwest corner Of Indiana avenue
a1i,l Forty-trst street to S. D. Weakley Tor
{i..5;u.
Edgar r Paul sold 20 acres in the east half of
1:.' northwest quarter Of Z, Sc, IS, to A. ],
Nawlan for SlQ,0Dn-
t,,..1. Bcattie sold 150K14D feet on the north
west cor1.er OF Wabansia avenue and Dixon
street for $4,000.
= 5. Willard sold house and lot on Lake Park
ay.nue, north Of Thirty first street, for $500
Ira Brown sud nine lots in La Grange for
S?ul.
Peterson g. Bay sold house and lot o12 ILL
nos street to Amuud Dahl for S2.900.
SATURDAYS TRANSFERS.
1::e following Instruments were hled for rec
orl Saturday, Aug. Il:
clTY PROPERTY.
Nc-t Ohio st, T2 # c OF Robey, I, 43x
1.:l:- II. dated Aug. S.....-.-..-.-....S 900.
Arcreta It ;,::;;.l4 # Of Ashland ar, ST,
3:xl.4 ti-l0 It. dated Aug. E......... $50
Beers st. " cor Thirty eighth, e I, 1904