, 1877-11-25
REAL ESTATE.
Few New Loans Reported by kea'-
Estate Loan-Age1fs.
Payments Good, Rates OF neefes'
Steady---Specimcn Loans
some Facts in Answer to Eastern Com
plants About Western Mort
cages.
Sales Of the Week in City ana
Suburban Property.


Suburban Property
A New and inexpensive Plan for Ere"
Proof Building.
c,o ths Ediur uf The 7rtbune.
Chicago, Nov. o4.-Any approach 10 u 'ac
,,roof }u,ildiuc, which can be, secufeo "'sn'N
reasonable cost. should command the attch1'on
If al,. All citizens ought gladly to hear ol
mode of building 1t oDcc cheap and surely ''e~
nroof. Mr. Jenney, III your last SUNDAY lssoc'
sounded the note OF alarm, urg'n" ant" esu@
1iou in building, cndeavor to secure saiet5 A'ont
fire. and suggesting the use oi part'1oue -
hrick. with floor ioists cemcntcd and dea1cteo'
int noting the possibility that wood SO kept
from the air, unless ''prescrveu "oulo ~
liable to dry-rot- The suggestions arc tIl'c',
wise, and prudent. but the measures p'oposeu
,rc only approximate, and add largely u LUG
cost OF building.
The real principle Of firc-proohne consists III
huildipg Of brick and mortar lhcsc are encap'
available, inexhaustiblc- Our lumper WILL g'i"-
uallv become dearcr es our forests are CUT a"as'
hit our brick will always pe cheap. III Eufop1'
they cannot waste lumber by bury1aS IL "ae'o
it is liable to dry rot. they cannot pull o&!1 VI
114 ioists into hcayy warehouses, uut tnsteaa
they use very heavy outside wall anu ollea
a,rbcs. This construction IS very hea's' "no
such arches seem to necessllatc ou'et "aiAs 0"N
,,ar,i,;ons very thick and strong. America Is
;nn.t;ent Of heavy walls demands large build
tncs to carry heavy merchandise, with Walls
c;ghtecn TO twcnty-four inthes thick, and
dwellings with walls from tTc1se
n srteen inches, and SO on
crc,, walls seem weak to carry the brick arch,
which is alone secure But now comes DR.. Hills,
of Delaware, O., with new departure in hrc-
nroof building. He dispenses with jolsts.
rooden or iron, using in their place an arch OF
hrick. q segment Of a circle of a large radius,
e,r;nrne from each Of the four sides OF room
and meeting in the centre. The walls are the
same as in tue ordinary brick with wooden
ioist construction, and are strong enough, ee-
carse in addition to the support gwen oy Inc
ua1s. the arches are belted with an iron or steel
hand or bars laid in the walls, and locked at the
mceting-pl SO that this iron or steel oalu
RECEIVES the entire thrust OF the Arches;
leaving only the weight TO De .s4ppotsEnu ptna
1,y TIC walls, admitting the use OF walls
so thick that only the crushing strength mas 70
be taken into the account These rods OF oahds
Of iron or steel Grid all the principal rooms,
and arc closely locked into each othef az te,e
is used The arches in ordinary buildings are
to he. with few exceptions, only two inches
th;rE' and they will not yield without the break
ing Of the iron OF steel belt ana when n NC r. ~
member that one square inch Of iron has te74-
xIte streugA ittlc, if any, impaired bv heaf} ot
GO.OO0 pounds, its capability is at once shown
This is ycry different from the use ot iron 1oists
with arches sprung from one 70 oanetr,,r anotnec
ton, because such ioists heated very
lot by fire, within or without, -, arc
liable to sag and give way. Such ajolst VIII not not
bear its own weight under heat, but cootd noe
he pulled apart if the Palmer House were hung
up bv it. The tensile strength Of iron renacrs
it nnssihle to make suspension bridge OF to
build frc-proof house on this plan. II 1t u
desirable TO have wooden toor. u can M os
made. as each room is a house in ltsell' ano
Sims with its own walls No fire could go be
yond the door OF the room "hcre IL stallei :t,
Business houses with elevators arc sAle WI ~
this construction, as with no other. Esa ~ tnt
Singer Building. from which t1ela, Le1tei ,; Lu
50 lately emerged been built after th1s p1ar
they would not have vacated SO hurI1caly.
Insurance in such 4 building would bc cont
AWAY with as unnecessary. - 5rlck ana morta,
nothing else. We have no wooden joists, NJ
wooden partitions, not necessary any s.; woouee
floors. With brick and mortar walls, partitions
ceilings, floors. including q roof of some lnconl
bustible material, how can It ohrn. cn onvtb;n,
OF the kind can be made, perhaps ~ per cen
more than in an ordinary building huilt q
brick in good style You can an see tue ,rSt oi'
coat only Of plaster to finish them; til
inside walls have light brown coat an
white coat 1t will be seen at . glane
that the saving in omittingiw joists iraiI
Ill: floor, lathing and plasteriug ceing etc
leaves large margin to go upon, and tue actn u
results OF building justify the asscrt'on IN:
houses can be built at not to exceed ~ pef GU
r0-fr1
The National Exchange Bank OF weston, '
Va. is built in this way. The family b'llidl1
OF the Girls Industrial Home e State bcney
lent insttution), IN Delaware ~, Is ~ % has
5oIsts in it. Dr.. Z. Hills has q residence ~ &c y
ware, O., with twenty rooms countinS .;.9e pa;
meur, without joist OF WOOD Or sr,n M. "itAo ~
asingle plaster3aastnr ing IL 3atrSav Da the steps being
slate, and the house is an elegant 1oo'c' an'
1ostiyelv firc-proof building
would be pleased to answer ;o any qugs.lors 3
sse sa"e,a ~ y,n;Tht 1yant. OMAR NEWMAN
AA -, THE nEAL-EsTATE LOAN MARkET
very little has been done the past week III
f;ra ri contracting new indebtedness. EorTs
crs hive been paying up, and agents had
.,1c1, ~ they could attend to in examining
rcn11incpess OF the paper and coin which h
been flowing into their c1nSrs. Inc latcs
Of q lower percentage, and higher rates are
Of the question as long as the PRESENT dep
sion continues The following arc the spccin
loans OF the past week:
Halsten street, IS feet north Of West s
entccnth street, west front, 224x100 feet, 81,
five years, at $ per cent
Dearborn avenue between Division and ]
streets, west front, 2e1100 feet, s., 600;
years, at per cent
Vernon avenue, between Douglas avenue
Thirty-seycnth street, S. feet, east front, IS,
five years, ut per cent.
Fulton street, northwest corner OF I
place south front, 50xl15 feet, $4,000.
years. at per cent
Indiana avenue, 200 feet, west front, mort
Thigty-seyen1h street, S25, 900; five years,
per cent
COMPARATIVE STATEMENT FOR THE WEEK EN-
NOV. "a.
1877. II 1876.
Instruments!
No. c'sdeTat'" No. c'sidfrt
EM Ttust-deets Ills 2149l3;l l55S o95
Mortgages. 4Oi o. 5GO.} SGT 42s