, 1880-09-19
REAL ESTATE.
Market Firm, Sales Few and
Unimportant,
No Movement Likely Until
After Election.
Specimen Transfers - Rents --
Building Notes, Etc., Etc.
THE MARKET.

| Whtlo every man at all versed In the values OF
| the country, With scarcely an exeep ton, will
tell you that reale estate Is. the cheapest thing IN
the market, comparatively few sales are made
from day to day. With the millions Of money
lying idle IN our banks, these facts appear pass
Ing strange. Not only Is money abundant,
but 1t can scarcely fail to become more 50.
Foreign countries are sending us millions Of
|: gold every week to purchase our broadstuTs
and other farm products, cotton, petroleum, aud
other articles: our gold and silver from our
own mines remain in this country; the interest
On our vast National debt is paid mainly to our
Own people; and never before was nation grow
Ing so rapidly in wealth.-but her actual
money is also rolling up into. tha hundreds OF
millions as never before In tho worlds history.
What can the people do with all this money!
Mining, manufacturing, railway, commercial,
and other enterprises give large blocks of it en-
/ ployment; but still there are millions piled up
In the vaults Of out banks. ill over the country
for which no profitable usc can be found Now,
why are not the rrer y both F.
nunher and amount? The fact Ia well estab-
ltshed that minority Of the great fortunes OF
holders Of real estate. These cities are growing
ahd nobody, doubts that before The century
she viii havc. her million and more.
So far as human ken can Judge,
Ing that result in tia tiu,o specified; Oar rail
West, and pour thelr increasing products into
vii viii span tho Continent. These Tic % raiixays G sand and
our lake marine make our commercial facilities
unrtyaled. Our snn!tury condition and our water
supply nre excellent and abundant 1t Is not
Boosting. but Simple fact, to say TINT our deal
!ngs Ia cattle, hogs, lumber, grain aud provis-
increasing in tremendous ratio. In fact every
thing that eau Influence nn onterprislng man 10
this country or Europo invites him strongly TO
lation would filt up many vacant spaces let any
man look at the map and make up his mind how
much land VIII be required to aeoonmodate that
best he can what Chicago property will be worth
We presume not an Intelligent reader OF TIE |
TRIBUNE will doubt the facts above stated and
scores of others equally pertinent and the CUES
SO dull and lnactlyeY Can this thing last? Yes,
beyond tho next Presidential election. Capital |
m ~ h1 fs @ DO not
tsh maiIgnlty, on scores Of terrible bartlehc}ds,
tf s esa0z e
still rampant as ever, ana would as surely, could
T. Rrasp The p9wer. do # nov as they tried to DO
rise :. in prices IN. real estate must
esoe o hs PFC s of Fl hs
Government Will be quito sure to keep the mar
ket Inactive till the middle OF November. Tint
Is but two months hence. and till then people
tience. ~ ,7:1'a.
But. granting tho calamity that the 5!4Sfqanntry
should fail into the hands OF the Rebels and
Copperheads, what then1 All prudent men Win
money, be the same little or much, will hold on
to it till they see whether under the fear OF the
rulers viii do reasonably we'll, or certainly till
they have seen the worst that can come, and
then they will adjust their affairs according to
their best Judgment. We shall see.