, 1879-04-06

SUMMARY FOE TIE WEEK.
The following is the total amount OF city and
suburban transfers within radius OF seven
miles Of the Courthouse filed for record dur
ing the week ending Saturday, April 5: City
sales, los; consideration, $356,3S. North OF
city limits sales, q consideration. $500. South
of city limits. sales, 16; consideration, $37,0A5.
Total sales, l26: Total consideration. 1886, 1853,
SixtY-one building permits we're issued last
week. Most Of them were for
SMALL HOUSES OR STORES.
Frequently the two are combined. Some Of the
important permits were those to Charles Tunni-
cliff, thrce-story dwelling at 324 Indiana street,
to COST 5000; S. L. Martin, two-story office
and dwelling on Lincoln street, near railroad
track, to cost s.. 500, and kiln to cost $4,000;
McHenry street, to cost $4,000: Henry Goertt-
ty, two-story store and dwelling. corner of
Twenty-srcond and Tbroop streets, to cost
S3500; Samuel Wcrshotf, tbree-story store and
$500; Anchor Line Steamboat Company. shed
at to Is LaSa1le street, to cost 5000; William
Dadserman, two-story store and dwelling on
Halsted street, near Twenty-sixth, to cost
$1,000, and barn to cost 800: Il. c. Ban
nard, two-story stone front house at 3s4 On
tario street, to cost $500; Mrs. Della
Woodruff, two-story dwelling On Indiana
avenue, near Tnirt1cth street, to cost S4,900; J;
Conrad SeipD, two-story aud basement brick
dwelling, Superior, near Wells street, to cost
@7AUUU, Iul W L. u Is4AISA3 tAtCC-9tOAy aAlN
Easement swimming-school, 4SxSS. at Nos: 504
and sos West Madison street, to cost S25:000.
Improvements to the amount OF 510,000 are
to be made By Mr.. Samuel Gehr upon the Office
building 1C0 and 163 Washington street, recent
" purchased By ". Bayard Cutting, Of New
York, The number Of Offices will he increased
to seventy-dve, and steam beat and an elevator
introduced.
New York needed rapid transit because it was
long and narrow; Chicago needs it equally be-
cause SO much spread out ll1e
STIMULATING EFFECT OF RAPID TRANSIT
IN New York on uptown real estate will be
watched eagerly by the Chicago reai-estate
owners who hope to profit by similar enter
prise. Thc New York Times says:
At no time during the past seven years has build
ing in this city been so active as at present Al
though the influence of the elevated roads has not
as yet made itself felt the West Side, IS it has
on the East, there IL great degree OF excitement
among uptown property owners and real.estate
Operators In the uptown district on the line Of
Improvement new ground is constantly being
from the lower to the upper part OF the city il
likely to be greater than ever before known OIL
town region as lar ~ Ycrkviiic is now Immediately
available for small dwellings. which can be sold st
remunerative rites Us soon as built. In two or
three years the whole East Side, south Ct Eighty
bricks and mortar. Unimproycd property IN this
locality which two or three years ago owners would
have been glad TO sell ut an7 sacrifice has within
the last few weeks been withdrawn from the hands
OF agents. who have been yclnfy endeayo.ingt to sell
it.
In Boston, according to the Eera'd, there will
be ycry little store-bu;lding the present season,
and not q very large amount OF dwe]ling,housc
building. Builders, and landlords, and OWL
crs Of uni1nprovcd property will wait, it is
thought, until legitimate demand for these
structures is developed, and that Is not antlci-
mated for several years to come.