, 1877-08-26
Natural

The above figures for 1871, it Is true, show m
ncrcase Of only about 3, ,000 600 in the aggregate
population OF the twelve States and Territories,
which is probably yconsitlerablcless than the true
increase, but 1t must be remembered that the
table is made upon an arbitrary rule Of aTeraec
progression for the fourteen years, and that
while It nlay not be correct for this year> be-
cause it makes no allowance for the great emil
grafton to Texas and Kansas, at the present
time it is probably nearly correct for the whole
period OF fourteen years
The bearing OF the above facts On the
TRADE AND nEA1~EsTArE INTERESTS OF CHI
cAGn
must be obvious. With so large an increase OF
population there must be corresponding ln-
crease Of trade aud manufacturing industry in
Chicago. In Our two previous articles under
this head We have shown that this increase o1
trade aud manufacturing has been in progress
for the Inst four or five years, IN spite ot the
prevailing talk about hard timcs, and it Is in
this Increase at population in The Northwest
and Southwest that We find tue basis for it, md
also the grounds for the belief that it will
continue
The uuspose OF the statistics Of crops for
1871, manufacturing and city improvement in
Chicago, population in the West, etc, vas to
shovy that there was not sufficient reason Tor
the fear that Chicago real estate
would continue depressed for several
years ret, as sors persons nre continually
arguing. The great growth Of population in
the West would sooner or later cause great In
crease Of trade in Chicago anyhow, but the Inn
mediate cause Of the first movement 1t, that d.
rection will be the sale Of the abundant crops
raised this year and marketed this fall and Win
ter. 1t Is true, as mentioned in our article ol
Sunday, tue 18th inst,
THERE AXE SOME aEPrEMHEn CLOUDS
in the financial horizon: the volume Of the cur
rencr has been greatly diminished In the lust
year aud vet the amount required for market
Ius the Western crops will need to be from 20
to Is per cent greater than cyer before. Inc
savinys banks Interests arc Jet in tue same un-
satisfactory condition MS was made evident
tv the runs on the banks month
or SIX weeks ago. Either or both Of
these features Of the situation may develop
nnfarorab1y any day, but cTen It they should,
the criI effects would prove only temporary; the
more irnuortant facts VT have pointed out IN
this and our two preceding articles will bring
,,rnsp.1ritv to the Northwest, aud to Chicago,
notwithstanding the continuance OF hard times
elsewhere, and in spite Of any pinch Tor curren~
ey or any local financial troubles. Chicago TRACE
and Chicago real estate have reached tut = hafo
ran.'' a firm basis OF increasing wealth anu pop
u,otion. which will increase trade very greatly
this fall, and give greater value to real estate
in this city before the end OF 1877
DEALERS REPORT
n sensible increase in the inquiry Tor moderate
| nriced real estate, say that which ranges from
sslo to 5000. Tic parties asking prices want
os 4 more ecnerai rule that which costs aooat
Il 5ts, to 5000. Not many sales ara reported
but decidedly better feeling is naniestea on
an sides. The failures Of the savings banks IN
New York aud st. Louis, and the stnpenoous
robbery which has been discovered In some o1
orr life and other stock companies have turned
NE minds Of the people to real property NO
| bo,ty looks for a speculative movements oot'
! unless the Judgment OF Our shre"dest operators
| in almost ali departments OF business Il AZ
f,n1t- nm improved and d speedy demand 7of
| rca1 estate may confidently be expected
| rhat is something which does not run aFay'
| and which nobody can steal. True, the taA-
| ..tcrs have gorrcd for the past lew years .
| 1sroer mart OF its valuc; but there Is healthy
! movement among owners to stop these rascal''
| ties. The thing must be done Il eSer real estate
fs restored to the favor it once held Us an nnsest
I ment among the people.
r. HOUSES TO REST.
| Agents report much better demand 1os
| houses at uoderate rentals, viz. At ABOUT >@o|a
| a. ncr month. It comes mainly from st1ancefs
~rish;ne- to settle in the city. This has been the
,,o,for1n result of hard times for many years
met While business in other cities and towns
remains starnant, people always hnd 1ali
! t-.da in Chicago, relatively much more active