, 1879-08-03
REAL ESTATE.
The First and Only Successful
Subdivision Since the
Panic.
The Growth Of Chicago Illus
trated at the Stock
Yards.
Figures of the Increase in Build
ing Operations This Year.
The Michiean-4venuo Boulerard--An
Auction Sale--Sales Of the Week,

The Michieau-Arenuo Boulerard-An
Auction Sale--Sales Of the Week,
There are few of the half-mill:on persons nov
IN Chicago who know tina: there still lives here,
hale and hearty, a gentleman who began his
residence in Chicago when the place contained
but
ONE WHITE MANS HOUSE.
The growth that Mr. Grrton S. Hubbard has
witnessed, and has honorably assisted has been
without q parallel in the history Of the world !;
but though SO rapid has been SO gradual that
the transition from village to town, and from
town to city, and from city to metropolis, has
been imperceptible- To-day the city is growing
faster than ever, but most Of its citizens are OBJ
liyious OF the fact A visit to the southern,
western, and northern edges Of the town re-
.veals an astonishing DEVELOPMENT This is
particularly to be seen at the Stock-Yards
where
NEW CITY
is springing up, Here working population OF
5000 is now emplo;ed. The nu.nber has been
as high as $4,000. This is the largest industrial
population gathered iu any single industry in
any one square mile in the world. It is larger
than that ut Krupp, in Essen, where the cele-
brated iron-worker who has given bis name to
the place employs 1900 persons. OF that at Sc
rane, ucar Brussels, where there is force of
1900 at work in the manufacture Of every kind
OF iron and steel product krupp contains
more land that the Stock Yards, hut has small
er working force. There are three establishments
1T the Stock-Ya.ds, Armour's, Hutchinson's,
and Fowler's, each Of which kept more than
1000 people busy during the last season. There
are in all tEirty~two packing houses and similar
places On the ground. The clerks, bookkcepers,
aud skilled and unskilcd 1aborers that belong
to these manufactures and to the yards form,
with their families;
4 VAST COMMUNITY
that has to be housed Ther are domiciled all
through the Fifth, Sixth, Seventh, and Eighth
Wards. Some Of them go tour miles to get to
their work. Omnibuses, horse-cars, and duu1-
mics are flied twice day by the crowd. Ham
burg, laid our in 1856 as town outside Of Chi
caoo is nov but part Of Haisted street. The
DEVELOPMENT Of the Stock-Yards and the organt-
zation Of this industrial army is the growth of
Chicago in only one direction, and for only thir-
teen years. There were at first but half dozen
packing houses, each employing 203 or 800 men.
1t is in the neighborhood OF the Stock Yards
that the
FIRST SUBDIVISION SINCE TIE PANIC
has been made It is natural that owners Of
real estate ia the vicinity should see the profit
to oe made BY capturing part Of this popu}a-
ton. E. s. Drever g. Co. hare subdivtded
1wentv-seven acres in Kay's Subdivision, and ten
acres in Stones Subdivision, on the west side OF
Ashland avenue, at the corner OF Forty-seyenth
Dre7er, have been run through tbs prop
erty: tive old streets, Paulina, Latin, Loomis,
Fortv-eighth, and Forty-ninth, have been
GRADED, sidewalked. and supplied with water.
Twenty houses have been built or moved on this |
land In the last three months. The tenants are
all Stock-Yards employees. A new church has |
been built at the corner of Latin and Loomfs |
streets, to serve as we'll for q school-house. |
-Four blocks north Of this |
NEW BRICK scHooLrHoUsE
IS now being constructed. Its cost will be
S23,000. Five new houses are now under con- !
tract. Eleven more are to be mored into his ter
rirorv in consequence OF the enlargement Of /
Armourss packng-house, which will take up the !
ground they now occupy: During the past
moved here. As this district is outside
the frc limits, cheap houses are possible bv J.
building Of wood Most thar have been built
have cost $500. Several stores have been
erected at cost OF s1,500 each. Lots are sold
and Forty-sevenrh street, where business lots
$500 to $500 each. As soon as
worknGmau has paid for his lot he can obtain
oan from the former owners for building. But
l
hat out three loans Of this kind have been
lskcd for. The great majority Of the pur-
:hasers have
BUILT WITH TuE1R OWN MONEY.
The horse-cars now come to the Stock-Ynrds !
N Halsted street; on State street they go as
ar south as Forty-seconn. The Cottage Grove
lrenne line is to be extended to Forty-sevenlh.
This is the only street running east and west
trough the Town Of Lake. This extension OF
he Cottage Grove-ayenue line through Forty
Arf1 will $he b-.fr TT. I
ar-shops, the 2tocK-Yards, and the new sub
lirision, and make it part Of The great and | ,
rowing City Of Chicago
The subdivision We have been describing is not
nly the first since the panic, but it Is the only
ucccseful one that has been made since 1874
.hc scheme Of its promoters seems to be good. !
hey propose to furnish the population OF the
toek-lards With sites for homes that arc I
'ith'n fifteen or twenty minutes OF their work,
nd that are SO placed to the southwest OF the :
tock- Yards that It will escape the smoke and .!
tnet1s Of Its chimneys. They have already | !
ctt'encnt OF respectable size, and the child | I
GEMS likely to become man. :
Potter Palmer has rented the rear third OF the
hlcaEo Carpet Companvfs store, on State !
Ercci- This newly rented position becomes 20 I
nd 81 jackson street. The rent is $50
'onth. The lessees ere Marrenncr g. Kimba1I, I
callers In glass; The :
SELECTION OF JACKSON STREET =
r a large wholesale house marks another step d
] thc southwark movement Of business | r
>. Il. kerloot g. Co. have made the following | :
ales OF choice lots in the North Division: 40x ! I
y 1eet on Indiana street, near State for s., 900;
20 feet square on corner Of Indiana and Cass | +
<ects for $10, SEQ, 25 feet on Ontario street. | r
ear St. Clair. for $4,000, and the adjoining lot .
feet, for $3,125; a 65-foot lot on Ontario
rect, near Cass, for S., 125; 109 feet corner Of
ass and Erie streets for 81, 500; 50 feet corner
dearborn avenue and Erie street for S12. 500; | /
,sdes several others for which the papers have
ot yet passed. Allo which lots were bought BY .