, 1876-01-02
been put up during the past summer in great

to tue number OF houses. One permit WILL some
times cover twenty, forty, or even sixty bouses-
dir. c. ". Rigdon put up, for instance. forty
houses and ten stores. under one contract, on
she lake Shore at the coroer of Cottage Grove ave-
pue and Ih!rty-6rst street. Mr. S. S. Hayes bu'lt
eshty-three houses on one lot, aud groups OF
fifteen. twenty, and tblrty we're not uncommon
The increasing cosmopolltaniom Of ChlcaSo ap-
pears III tic number Of apartment houses erect
ed Several structures Of this kind have been
put up during tho year that are equal 20 tue
most e1acting standard of apartment houses.
large HUMBER of elegant private residences
have been built during the year, particularly On
the North and South Sdes. The
LoNG-DESEHTED TERRACE ROW.
on Michigan avenue, known before tue hFe ~
the laudsomest block Of residences between
New York and San Francisco, haa begun TO DO
rebuilt. and before the closo OF THIS year the
Latte Front Park will again be adorned with
homes along its cptire western front. The erec-
ton OF Grc-proof workiusmen's cottages,
under tho direction OF Mr.. Sydney Myers, has
been one Of the notable events OF the
wear. and marks . departure from tho usual
tene,neut house system Of cities, to which Ca1-
csno with her unlimited area need never resort
Rents were reduced in 1875 froIa IL to ~ per
cent Tho heaviest reduction WAS III the h!ehor
could not sustaiu $1,000 aud s1,500 rents, and
these fell heavily. The inquiry for moderate
tonements WAS so eager that these sun
cred much less in proportion. It
would bo nntural = Inference Gsa, an.,I;sn, from
lint rent would be much lower during the coa,-
I'M. season. nents will be low-nothing will
adycrtino Chicago better than Its cheap rents
but the inevitable increase Of population, tho
ctow1ug demand within our present population
leave old houses for homes with all tho modern
improvements. will oil
OPERATE To- ARREST ANT TENDENCY
to severe decline in rents, The only very cheap
that ,v,r;cions landords have kept in use, exact
;,.1 ;1aS ~ h;n,,e.t marlet mira They will be
sIsa ahaa-donad ofor na,raT and mora comfortable
nomes and viii It il to be hoped, be torn down
to mako room for modern houses.
~ ra- a1nf ;ntarest ~ the ,eal.cstata market
h.. Inns centre,i in tho
A''' rSorwora snn,T1oxs c.p1rA1 HAS MADE
:, 80 i,nnrngan,ant 1he 1,ltin1ato test of the
ra,ro ~ land in wi.at it will weld On1y real az
ta,e that is nroductlye-i. e.. that is improved
h . ~, a,;,oi r,;nc rhe aa}es of really during
80 raar inra heon restricted Prices have
hao, 1uo ia.r ,,nrc,,aseos wnrv and holders de-
e;rors ~ Easn;,r their nroporty for a
n,orn aci;va era. Few have sold who could
IoId On. The fatal value Of the transactions
| Of the year has consequently been much less
| than in INA 1873. and ls71, Tho e1act figures
ara no: before us, but toersbly accurate calcu-
latiou ehows that the transfers for 1875 amount
| ed to sbout Gas, ,OO0, 900 Tor 1874 they were
SGT ST. C36: fer 1878 SIS, 427, ,391. Leaving out
ot W." 'oaecoS4r' Jo - sn,9t ;ndahtcdness from
| cuan6es inauo W sn - +i"a st-ana tha ,nost
| the pecun'ar1iy "eah 10 tne o|.ons' 'oe A'00'
1t1iK'n sa1so 1oso-urApEp @41u DEED cArlral,srs. s
local anu outside, VINO haso taAen au'aueas -.
the times 10 ass an ayepue south Of
| Tanoraas atreet for s3O0 foot ut the corner
OF Michigan arSnne anu M 1aa @ uton psaa stse bJ a.
102 feet: Tor S29ooo; Q! tne tet Iese ,,aar VaIs
ing, Is feet fons, on state street. near .laas- ~
son, occupied 6y Jansen. 1AcLlutS ~ ~ toa
Sl32oG0; Of the thurman o1''1n n'as- o. 1oxa1 tu
northwest corner or Maoison ana s'arh, -oaao
for o. ~ tees On ~. Mapsn ~ at,or
| Mau:son siseet, tos Eu7,oso' ~. - coss.r,
Palmer building. occupleu ~ a'ose u e1ea nso ;
on State street, near aSuinE;on aos n.,no
OF the hne narole,1ronI nu'M1k & neis ai,o or upE
sitc, occuplcd by tie Manoel bros., TOE Siso'ooo'
md of the stores Gullt " 5o.sos M aav. asnr " f
noxe the enS eneb At TT most xth
out exception. tneso pieces OF properly "cte
the men hn7
future, and their investments a1e