The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1879-01-28
Real Estate and Resumption.

teal estate agent mere has addressed large
number OF letters to dealers in the West,
asking as to the effect of resumption, &C.,
on real estate. The following are some OF
the replies received:
Kankakee, Ill.-There seems TO be a
more hopeful feeling here, although but
few sales are being made. We think we
have touched bottom, and with many that
ls money aud returning confidence. We
look forward to better times.
Fort Wayne, Ind.-In our judgment we
can see no material change in our real
estate market. There arc very few sales
being made, and those are mostly in the
way OF trade. We look 10 see some i'm.
provement in the market during the win.
ter and spring. Now that resumption has
taken place, we hopeit will have tenden-
cy 10 revive the market.
La Porte, 1nd.-Real estate is looking
up tritie, and Inn looking for great i'm.
provement in 70. The unsettled financial
interest has kept things back, and we are
now looking for better times in all branches
Of business.
Holton, Kansas-Real estate has been
quite lively here for over six months, and
there seems 70 be still more and more in
quiries being made every day; and good
substantial citizens are coming in and tax
ing up . great many unimproved quarters
Of land.
Altoona, Ill.-The real estate market is
not improved in Knox county, but what
lew sales have been made in this immedi-
ate vicinity are at original prices, say $50
70 $40 per acre, being about the same rs
for the past few years. But unless times
improve soon there will be some forced
sales, that must break down prices.
Clinton, 1owa-The demand for clinton
City property is increasing. There have
been more trades OF farms for Clinton
City property within the last month than
for twelve months prior. There were 3l2
instruments recorded in the Recorders
otticein December, showing quite move
ment In real estate. Our mill men and
steamboat men are getting ready for a
large business next season, There are
more inquiries for improved farms in this
county from Eastern men than for q long
time. All the indications are that this
year will be profitable to business OF all
kinds. Since resumption, money Is get.
ting plentter, and more inquiries for profit
able investments, particularly in Western
Becurites. Farming lands have not de-
preciated any in this county. Most OF the
farms sold range from $50 to $50 per acre,
which is an advance on any previous
sales, except near large cities. The Bur-
lington & Missouri River Railroad in Ne.
braska reports sales averaging 90, 900 acres
per month since January, 1878, and an
ticipate an increase Of sales for 1870.
Little Rock, Ark. = Little Rock CITY
property is holding its own firmly, with
slight advance in some cases over figures
of 1877 and 1878. The general depFecia.
tion since the panic has been fully so per
cent-varyingf from 20 per cent on'choiCe
improved to 90 per cent on unimproved
lots in the suburban parts. Rents have
followed this tendency, but not perhaps,
to so great an extent, owing to the con.
slant demand. The present demand for
$l5 10 $50 dwellings is unprecedented, and
although building has been unusually &c.
tive the past year or two, real estate agents
esteem themselves fortunate to have any
scrap OF tenement 10 dispose Of
Gallatin, Move have had four good
crop yearsin succession, and grain OF all
kinds is low; corn Is worth but seventeen
cents for shipping, but cattle men are
paying from eighteen cents to twenty
cents for 1t on the farm. Land is looking
up, and were 1t not for the trustees sales
for debt, we think 1t would advance more;
parties wishing to buy often wait for the
trustee to sell, or buy from the mortgayor,
who Is compelled TO sellto save a small
margin. Theland Of our county Is as fine
as any between the Mississippi and Mis-
souri, rivers, and good farms can be bought
nog for S. to 10 pSr acre, wild land at about
half those rates, either prairie or timber,
but from present indications these prices
won't last long, rs they are bound TO ad.
vance unless something out OF the usual
course OF events occurs to prevent It.
Vinton, Iowa-The prices are very low,
but tho sales are improving, and think
that real estate Is looking up; the pros.
pect looks ilattering. The prices OF pro.
duce are very low, although there Is a
large cropol everything except wheat; the
country Is full Of corn. 4ll kinds Of i'm.
proyements which pertain 10 the country
will startup this spring. Times are easing
up little. There has been largo emil.
grafton TO Kansas the past year, but large
per cent Of them are coming back again.
We expect that real estate will ad vance 20
per cent within the next six;months, ac-
Cordiug tothe present outlook.
Crown Point, Ind.-There Is but little
change In the real estate market here since
my last report. Mostly exchanges Of prop.
,etty, and not real money sales. There Is,
hewever, every prospect Of improvement
In real estate, as there arc more Inquiries
for farm lands than for two years past.
With the resumption question settled, con.
fdepce Is being restored, and the prospect
for the future Is most promising.
Indianapolis, 4nd,SIhe only improve
IAent ipttRe real estate market In indiana.
poll Is that property Is selling. Men are
buying for homes aad ON Speculation.
\ Prices law, hut attheFslAEs prices, which
ID az Improvement on twelve months ago.
| Mendoza, III. There Is better feeling
pervadingl the Community In regard %
real estate; business property u titI0ef
thanitwas, but there ara thosh who wish
Ito CO West, who otIert their dwelling pro.
4 peay al q low figure; this Is TO be expect.
| ID, shut little money has been made il
1any business lately, and a'thosa WHO. have
\ heel lIyilG ifSlp hand 10 mouth, and own