, 1881-01-02

Loodtton.s No. C'1isdsrafn
City property Ns 56o,s14
South Of city limits. :. :. 1880. Isl 1896
West OF city 1imits... .-.....~ q We
North OF city limits. .......... 9-7a
Total. - ...........-....( lI6tS d;12, sN
Previous week. l5S} 6Sl,A,3
Corresponding weeks, 1879:.4. 79sI GssssS
The South Park Commissioners have filed
for confirmation in the Circuit Court the as
sesslnent rolls for
IMPROVING MICHIGAN AVENUE
and part of Thirty-ffth street. The assess
ments are contained in three large bound
printed books. The improvement is from
Jackson street to Lake Park place, and the
assessment rolls show total OF S97, ,944 to be
collected; for improving the avenue, from
Lake Park place to Thirty-ffth street, All
expenditure Of S414, $50; and for improving
Thirty-tith street, from Michigan avenue to
Grand boulevard, S4s 523,
The Chicago City Railroad Company is in
earnest about the introduction of the
CABLE SYSTEM
of city railways. The Council has been asked
to permit the change Of motive power. and
plans have been prepared to make the new
Improvement at cost of 600. Super
the new system will be an immense saving in
horseaesh, in feed, and in the number Of EN-
ployes. The cable takes the place Of the
horses, fuel the place Of feed, and when
horses are dispensed with. the large number
of men required to feed them, care for them,
and doctor them, is gotten rid OF. 1t will
take just as many men-an engineer and
conductor-to run car as it does now, but
IL ff,n r Ia fy,yrh hh
tached to the grip~car and one conductor can
collect for all three The result will be that
there will be
NO MORE CROWDED CARS, il"
and the public will:no longer have any ex-
cuse for grumbting on that score. State
street is to be so generally torn ZIP next
spring that the Company will probably be
unable to run cars there. While the street
Improvements are going on, and necessarily
interfering with street-car travel, 1t will
probably take advantage of the situation to
lay down new tracks, transferring its cars to
Wabash avenue It will lay the new tracks
there, too, and will
KEEP TILE CARS MOVING
by building Temporary bridge, running
them up over 1t, and then moving it along
| from the SECTION over which it stood to the
ming the cars right. over that section while it
is building. In this way there will be no ill
terruption to travel, and the work will 80
steadily on. ).
With all arrangements perfected in adj
vance. the Company will be able to lay
block in three or four days when it gets fair
ly started. 1t will have at least one line run
n1ng by next fall, ;bnt probably all Of them.
! Indiana avenue will not be improved while
there is but one track, with ssyltche and
| turllouts The cable has got to be cont!nu-
GUS and in straight line, and on 4 Indiana
! It is estimateds7that the Board OF Public
| Works will want 81 ,G00, 600 to carry on its
! work, owing to higher prices on material
and the necessity for the uilding Of many
new sewers and intersections on streets to be
priation was about half the amount.
| the Boston Con,1nerctal Bu1leti?a says, the
activity recently noted in city real estate still
[ continues, and the easier money market,
which is expected after the first Of the year,
! will undoubtedly turn the attention OF in
vestors still more generally toward this class
Weil-iocated store property which will
yield net revenue Of per cent cannot fail
| to be attractive as IN Investment at the pres
| ent time; and desirable mortgages at 5(n5N
per cent are scarce Two mortgages Of $780,
! 600 each were renewed at per CENT the past
| week; and small and less desirable mort
cages are not plenty at 5H@6.
] The improvement in rentals has extended
| to all sections of the city and suburbs One
| welI-known real estate broker, who makes
almosta speciaty.of large store property,
has placed leases aggregating q value OF
! some $12, 900, GOO since the first OF last July.
| The average rent Of well-located store prop.
erty is per cent Of Its present value, and at
| this rate the owner nets about = per, cent
! above taxes, repairs, etc. One or two deslr~
| able little stores have been leased at rentals
as high as LII per cent Of their valuation; but,
| on the other hand, s per cent has been all
.. outside rate for a large piece OF property.
THE TIRIHUNE HRANCM OFFICEs.
IN ORDER 10 ACCOMMODATE OUR NUMER-
/ patrons throughout the city, We haye estab-
lished Branch Offices in the different piVslons az
designated below. where advertisements WI! 20
taken for tie same price Us charged nj the Aaiu
Ohce, nnd will be receiye4 qnIli o'clock p. m
! j. Il r. s1MMs, Booksellers and Statsoners, l3
". 4 Bot5ART, Druggist Gay Cottage Grove-av.
northwest corner Thirty ,....
II. W RuCHMAN, Druggist, corner Innt9"nsst ano
e'&0 WEST DIVISION.
JAS. n kIRKLEY T. Co, Druggists 13s South
Halsted- st. corner Of Adams
4. A. POPULORuM, Newsdea1er, 6tatouer. etc,
a2 West MAdlson-st. nenr WesterR.ayy; IT. W. r.,,.t
TIL. SoNN1CHSEN, Druggist ~ Blue &siand-aH,
w ~ = Il IEi5EfHL Io.a,or hewsdeo1ar and Fancy