, 1880-12-12
Sales That Have Been and Others
That Have Not Been
Made.
Tenants Anxious to Renew
Leases at Once-Speci-
men Leases.
Building Enterprises-Real Estate in
New York, San Francisco,
Boston, Etc.

performers were two dcacons Of the Board OF
Trade, OF, as they are better known. two
speculative members Of the Tenth PEesbyte-
rian Church. These gentlemen having
amassed immense fortunes in cornerlng iood
between Sundays on the Board OF Trade
have retired from business, and are now de-
voting million or two Of the hard-eaf1led
savings of other people to amelforating the
UNFORTUNATE CONDITION OF THE LAND
POOR.
They have been carrying out their pious
schemes by skipping around the real-estate
agents and dealing with principals direct
The agents, who are always wicked men, are
thus deprived Of commissions, which they
would waste in riotous living. The owners
of property are offered handsome advance
on the price at Which they are willing to sell.
So deiicately have these offers been made that
in every case they have been accepted.
One owner took S145,000 for a block his
agent was offering at Sl25,000. In another
case S5S0o0 was accepted as compromise
on S530OO Not less than $4,000 has been
distributed in this beautiful charity.
Chicago was too small field for this phi
lanthropy, and the philanthropists went to
Pittsburg. As they were on q mission OF
mercy, the Tenth Presbyterian
PAID THEIR EXPENSES
Their ostensible errand was to try new
preacher. In his congregation was the real
object of their search, the unfortunate pos
SCISSOR Of one of the choicest business corners
that remain unincumbered and uniunproved
iu Chicago. This corner had been utferedin
vain to the sons OF Delial at 600, and
they had refused to take il, for it. was not
worth so much. I'VE will give you Sl55, 600
for your Chicago lot. +" whispered the Chicago
missionaries during the parsons peroration.
81 will take it,"swas the reply; write
your agreement on the ny-leaf of
this hymn-book The trade was made
before the benediction was pronounced, and
the Chicagoans returned home, happy in
the consciousness that they had been done
again.
When Hugh Maher's project of
BUYING Up ALL TILE REAL ESTATE
in Chicago was brought to dead stop by his
losses at poker, played in the Washington
style, he was asked why on earth he had
been purchasing so much real estate. "The
fact is, guess" he said, "that HonorG muss-
merised lne'' The "inauence" is abroad
again. Some one has nussmerised " the
deacons. Who did it7 Let no guilty man
escape.
The business centre Is being secured for
desirable bargains in improved and 'unim-
proved property. 4 more hard-heahea,
USsPECULAT1vE MOVEMENT
there never was. Everything is looked At
from the point of view OF income receivable
at once, or upon immediate improvement.
What vacant property there Is between the
river, the lake, and Van Buren Is being rap
idly absorbed by strong capitalists Build
tngs that can be bought are being negotiated
for, and are rapidly passing into hands t''at
mean to hold them. AL the present. sa'e eners
will be very little transltory real estate lett
fu the business centre by May /. It will be
absorbed by permanent holders. Numoers
If important negotiations are II progress.
among other sales consummated during the
week was that Of
TILE LAKESIDE BUuoEd j
at the corner Of Clark and Adams streets.
This was sold on Monday 70 Mr. Henry c. |
Rev for 5000 Nh. y. W.. Irwin has |
bought, for SIZE, 900, the southeast corner of !
State and Van Buren, streek. The frontage |
OIL State Is l65 feet, and tn average depth is
1o0feet- This lot was the site of the Orient
Hotel before the fire of Ill The price inst
paid, $S75l foot
AN ADWycE
on npreyious valuations. The sale reported Of
the Ashland Block at tenortheast corner of
Clark and Randolph jtreets for S4Oo.Coo. to
1c1er brooks, OF BoS3n, has not been made.
premature Announcement has been made of
sale OF the southaet corner of Dearborn
alld Monroe streetsfor S3a5,0O0. Mr., j. n
Conley Is negotiahg for the purchase of
1hls plot for Mr. HEerly, but no transfer has
YET oeen made. II. uayer1y has signed q
contract with tae,Union Square Theatre of
Ne" aork 10 Noduce ''Daniel Rochatn
oept. ! next IN I: new theatre in this CITY.
Inc Monroe STREET lot has frontage of 13l
1eet On Monroe street and 100 on Dearborn.
and would mali the best kind Of a site for |
drst-class theatre.
RBIDESCE PROPERTY
Is IN request aud very extensive building
enterprises ae now in consideration to be
put uhoer way in the spring. Acres remain
oa'etr except In Localities where new manu- :
1actufaR establishments like the harvester I
WORKS at Cl.bourn and Fullerton avenues.
the car"urks at Pullman, the maIleable-iron
"ofksat Ashland avenue and Twenty-sixth |
street, aoo others, give real demand for 6
lots ''~@ 1o-
Inc present. situation OF real estate can be r
'unllned VI in the statement that there is r
NorA TRACE OF sPEctLAT1oS3 8
Il t4AS AAA@A tfL. duQ l1ldl LUOSe WHO are hDr- ] J
e are paying only for what they expect to
G able to ue at profit
4 significant circumstance is the anxiety y
tenants % renew their leases at once tor T
le year beginning next February or Nav. b
asst year tley waited till the last day of tie +
st month before saying what they wanted a
do. Butthe prospect Of active competi- s.
IN Tor accommodations has convinced many I;
them hat their best policy is to secure \
cir qnarers at once An advance of 10 per r
Mt or so is no stumbling block in their way. n
u. Fetrts has sold the southeast corner of r
RANDOLPH AND MARKET STREETS f,
the Starkweather heirs to II. J. Chris a,
III. being GO feet Oh Randolph street by $50 In
I deep to alley, with two~s,ory brick build "
5, FOR $4,000; also 1Sx100 feet on North Ii
Ills street, near Oak. for S1.:ao0; also 34x4o N
on North State street, near Walton place, Sa
Sl,000 -.
!. 5. Dreyer s. Co. have made the follow s.
sales: One threestory marble front
Use, No. 759 North La Sale street. for !
80: 5ox1oo, southwest corner Of Indiana ser
Noble streets, with three-story brick ne
o1ngs Tor $1,000; No. IN West fta1l- in;
I'll Efrphf &C