, 1879-02-23
REAL ESTATE.

MlcNi.an-llCcnue paEkVay-f<enta-Sales
of the Wcets-Tho Loan MARKET.
The real-estatc market continues firm but
quiet, with comparatively few transactions. A
general conviction prevails among owners that
''bed-rock" has been reached, and whatever
change occurs must be for the better. All
our older citizens have seen such "hard times y
before, when nobody would purchase realty at
any price, and yet those who had the means
and The 's grit to hold on to their property
realized handsome advance over the figures
ruling in very depressed market Chicago
real estate, if held in considerable parcels, has
always brought owners out II they could keep
1t till the stbulge'' came. Owners believe 1t
is as sure to come as any event III the not
distant future. At what time it's to realize ex-
pectations each one must determine for himself.
The best Informed as to the progress Of events
are predicting the doubling Of our population in
the next ten years, and even the most coDserVa-
tive believes Chicago will number her million
before the century closes. Making due allow
ance for present open spaces, the city will then
cover certainly one-half moro territory than it
now does. Let those who have taste for such
subjects tell us where, with q million Of people,
the limits OF this city will br.
4 PARKWAY.
With reference to her parks South Chicago
by this We mean the South Side OF the city-!s
in the condition OF d gentleman living in very
fine house with no staifWays to reach the upper
stories. We have been taxed millions for de-
ligltful drives and beautiful parks and have
scarcely decent country road BY which to
reach them. In this emergency it has been pro
posed to place Michigan avenue under the
control Of the Park Commissioners, have
them improve it, and then exclude drays and
heavy teams from. using it. There can be no
serious objection to the measure. Everybody
wants it, aud yet between junkcting and manu-
farturing political clap-trao i: seems doubtful
whether our Solons at Springfield will find time
to pass the law needed to cpnsumnatc this
most desirable object There ought to be
public meeting aud strong committee sent to
Springfield to urge the passage Of thIs much
needed laW.
It Is too soon for any special activity in rents.
The inquiry, however,, Tor houses ranging from
$50 to $50 per month is good, und the feeling is
age from last years. prices. As a specimen for
business property ne notice that the largo
double stores, 81 and SIS Randolph street, have
been leased to George B. Flor5heim, William
Barker 81 W. B. Seven for term Of years as a
general furniture commission and auction
house. Tile rent is understood to be a. slight
aoyauce on last years rates, stores IN that 10
cality being in good demand.
William D. Kerfoot & Co. have sold fourteen
lots in new subdivision on Eighteenth place
~ e nn' S'fcgI a MiI se 'ast ."o MGuhs
i",2 s 2'1o ,' 10 sou lney aac lgaI H. e m Tnlse
Gmc;nnt; molfs no" pen e'ee'co " pAts'e9 Afo1
e'oe'1'na'!'
SATURDAYS TRANSFERS.
The following Instruments were tiled for rec
ord Saturday, Feb. ~:
CITY PROPERTY.
E;ch , r. nnnjsf Hanchl @ 49, Q 55o
South uulstcd It 30 # q Of Nineteentu.
@-1t t. 1n4a1 Eo1, nr1ou
3. Farwell 10 Gustav Hcrtz) 80: ....... $500