Chicago Daily Tribune Newspaper, March 30, 1873, Page 5

N, THE CHICAGO DAILY TRIBUNE: SUNDAY, MARCH 30, 1873. U R SR e B ey REAL ESTATE. A, Laris 1ot | Gifnas Forty/assenth iresh i Aveher fuad, for BANEING. | TRYGooDS. ___GIFT EXTERPRISE. Tgfi{g&ww Improveraents on Wabash Avenue--- What is Being Bone. Less Activity, Because There is Less Disposition to Buy. Projects and Speculation in the South- ern and Western Suharhs. Hyde Park, South Chicago, and ‘Washington Heights. From Harlem to the New Suburban Town Without a Name, Riverside, and Projects in that Direction. The Enlargement of Lincoln Park--- Tore New Business Buildings ‘and Hotels. Summary of Sales. There is scarcely as much activity in the spec- ulation in euburbsn lands, from tho fact that, as confidence increases, holders of land show less Aesiro to sell and moro disposition to hold on for higher prices. *Where should I invest my imoney again in another picce of property " saye one who was recently offered a large advancs on & iece of suburban land bought & month ago. [The incressing indisposition to sell for foar of {fosing n good investment is even moro notice- ble in connection with the nearer residonce {property within tho city. This fecling is, in fact, an obstaclo to the improvement of the property Steelf, and the anticipated increase in its value. Mhe supply of & good medium cluss of residences is emaller thux it has been for sov- feral years. A great many have been built on pgood strests in the West Division, but on tho South Side 20 much unimproved property is held for investmont that it interfores with the wth and improvement of thzt quarter. Many ©f the holders of large tracts of tho choicest resi- dence property ‘along the avenues and boulevards' next gouth of the city limits talk of numbers of fine residences that “are to be erected soon.” But it was the sams way last summor; there was much more talk then buildicg. The ground in that quarter is largely owned by wealthy capital- Ists, who are sbundantly able -to hold It, but the fact that they meither build themselves, nor offer inducements to those who would, interferes, forthe present at least, with the growth of the city in that direction. The samc Is true to some extent of the nearest residecce property on the North Side. The result is that many people who would like to secure homes pear the city are driven to tho suburbs against their wills. The southwest corner of Michigan-avenue and Twenty-sixte etrect, a lot 75 feet front’by 175 feet deep,—directly opposite the one recently purchased by the Piymouth congregation for their new church,—bas just been sold for €30,000, being at the rate of £490 per front foot, 0 A. L. Evans, who will erect there a handzome ‘block of threo residences, each threo stories and basement, with swell fronts. THE DALTIMORE & OIIO SHOPS. An evening paper, of last Friday, made a sen- satioral real esta‘o item out of a vaguo and un- founded rumor of the proposed establishment of sxtensive car-works and shops for the Baltimore £ Ohio Railroad at or near South Chicago. As acar as we can learn, there is no ground for the report. The new Baltimore & Ohio Company bave not oven located the Line of their road north of South Chicago. They have not bought any ground for eliops, nor had any-bought for them or given to them. Wo have the best rea- tons for believing that tho Company do not know yet where thoy will build shops for the pow road, an! the site is as tikely to be twenly miles from Chicago is ten. Tho proprietors of the ‘port™ of Bouth Chicago would doubtless like to have the =hops at or near their prospective city, and they may offer the railroad compauy strong in- ducements, but the location of the shops is en- tirely unsettled yet. There is, however, & great feal of activity in lands anywhore in the trisn- guler dixtrict which has EOUTH CHICAGO AND WASHINGTON HEIGHTS for the southeastern and eouthwestern points of its base, and ite northern apex at tho South Park. i This trisngular district, about reven miles long and about seven miles wide at its base, from Weshington Heights to South Chicago, is being intersected by more railroads, whose ruburban trains run from dopots located tlmost in the centre of business in the city, than any other suburban quarter of similar area abont the city. It 18 beipg dotted all over with sta- Lions that will each be the nuclous of a suburban town, and oventually the growth of these will bring them 80 near to each other that, in the course of a few years, suburban roads bordored with continuous lines of houses, will extend in »very direction. HYDE PARE. Our suburban neighbor on our southern bor- der bad a caucus ot the Town Hall on Thursday evening lnst, to nominate a Board of Education, and, to the Burprise of overy one, tho hall was crammed full of peoplo. The remark was gen- eral, Where do they all coms from? And yet, on ecauning the indisidual faccs, cach ono was rec- nized a3 neighbor. Whero bouses aro hid- awsy among the trees they make no “Another had just eold a 1ot on Madison ave- nue, near Forty-nin‘h atreet, at #55 por foot. There ate a great many inquidies sfter loca- tions, with a prospect of a steady increase in this direction. 'Along the South Shoro no_special afforts aro bainguiale at present (0 Make ecles. Tho pro- poscd railroad from the Hhnois Central track enst on Seventy-firat streot to Railroad avenue and ihence south to South Chicago, would Inrgely increase alnos a6 soon a8 it ras kuown that it would be built, r. Woatfall aays o has §10,000 to invest in that enterpriee; and it is to bo tecomplished this year, in some shapo or other. And the owners of property can all afford to wait, if in- vestors cau. N TO THE WESTWARD of the city tho great increaro of railroad facili- ties west end northwest of Ceatral Park is making even a more compact line of im- ;‘)rovemonm all the way out to Harlem and Maywood. The dietrict abont four miles square next west of Central Park, and as far west as Austin, had for several yoars been neglected by speculators until the location of the new North- western shops almost in the “centro of it has givenit a stert. The building of theso works, and the large population cortsin to be drawn thero by it, will 20on grow g0 g8 to fill up tho gap between the cify and Austin, and will probably make tho most’ompsct line of suburban exten- gion in connection with the city. Maywcod, Herlem, Ok Park, Ridgelrud, Austin, and the Northwestern shops—which, by the way, ought to have s moro distinctive name—will all be in- cluded in a district eix miles loug from enst to west, end sbout-a mile and a half wide from nor:h to south. It is altogether probolls thet within threo yoars this district will have a popu- lation of 20,000 to 25,000 people clustered along ad, aud coming to their business in the ry day by tho enburban trains, that bring city ov ¥ them to the Wells street depot. THE RIVFRSIDC IMPROVEXE! i rovement Compeny is, we T COMPANY. rhed in the Chicago & Great Woster: Lad Company, which is_an ad- junet of the Chicago & Great” Western Railronl Company,—lato Chicago & LaSallo Railroad Compauy. Strong parties, well known among railroad muen, have Infoly becomo iden: tificd with ‘the Ilatter ~Company under its new name, and tho resd will prohably bo built to LaSallo within s year, The prescut out- standing indebtednees of the Riversido Company is, wo are informed, to bo made_exchangezblo into the stock of either the now Land Company orthe rtock of the Chicago & Groat Western Railroad Com.any. TUE EXLARGEMENT OF LINCOLY PARK. The lands (o be taken for the enlargement of Lincoln Park sro: WITUIN TRE CITY LrTTS. Dlock 16, belorging to the Foster estate ck 17, balonging to tho Newberry estai Mijtizan trac Farwell tract. IN TOWN OF LAKE VILW, % . W. X Sec. 29, 40, 14, belng west of and adjoin- ing tho present Park........ Total.... T3y Application will be made by the Lincoln Parl Commissioners to Judge Williams of the Circuit Court, within ten days from March 27, for a con- firmation of tho rocont assessmont of 1,200,000 on (he property in North Ckicago and Lake Tiew, decmeod to be benefited by reason of this enlargement of the park; meanwhile the assess- ‘ment roll is on file with the Clerk of the Court. The £1,200,000 alrcady assessed is assumed by the Park Commissioners to bo sufiicient to pur- chaso the land in question, though more may be roquired, &5 ne agreemont, chout prico bas_been made with tho owners of the laud, oxcept in the case of the Farwell tract, for which tho agreed prico_is $100,000. Tho spportionment of tho 1,200,000 assessment is as follows: That part of North Chicago decmed benefited, $700,000. On the town of Lake View the sum of 2500,000 is asscxsed, of which §240,000 is Iaid on property within one half milo north from the north and of the park. ‘WABAST AVENUE Dias taken hold in carnost of tho mattor of streot improvements, and is actively putting itsolf in shape to be in appearanco, what it reslly is, one of the finost avenues in the world. Tho order for the removal of all tho trees from Lake streot to Iubbard court, dead and clive, has been pushed. The living trees bslow” Harrieon streot aro being taken np by Jir. Peterson, to, bo set in tho pubtic parks, The dead trees aro being con- verted to fuel. The new sidewalk conteraplatod in sixteen feet wido, the roadway is widened eight feet, and tho curbs will be =ot back when the avenuo is repsired noxt year. Tho property-owneis are very generally complying With the wiovement, and putting in their side- walks, and where they fail the work will bo done by the city. The avenuo will be cleaned up, ro- paired, and all in order before tho middle of June, Tt is'work of thia class thot subetantially on’ courages and warrants permanent improvements, and we notice several new buildings projected. The Hadduck property, on the corner of Monroe street and Wabash avenue, is to be built up with a French-flat hotel, on the Phan 20 largely in favar in the Eastorn citiss. It will be seven stories high with an elovator, and have from sixty to eighty suites of rooms. The material will b Ohio sandstone. Pottor Palmer is to push the Wabash svenno front of his hotel, to bo finished next spring. On the property adjoining Odell's Block, on the corner of Adams streot, Mr. Kecler is to build a fino block of stores. 'If the heavy property- owners on the northern portion of Wabash av- onuo are wiso, they will disregard any clamor sbout over-building, snd at once put up business buildings iu s locality whera every ono of them will command a tenant. There will be no holding back from cecupying Wabash avenuo stores when tho gapsare filled and merchants eco that property-owners mean to make it & Girat-clags buAding strcet, With tho spirit that prevails among some Of our property-owners, Wabash avenus would teem with business from Lako stroet to Harrison. With the lack of Bpirit that oppresses others, and unfortunstely some large owners, the butut district would not have been restored for tweuty-five yoars. A fow first-class funerals would holp cortain real estate it would bp no difficult task to point out. MORE FINE DBUSINESS BUILDINGS TO BE DUILT Tms sPRING. Notwithstanding the impression that thore will b, for & while this summer, and, perhap throughout the year, & surplus of unoccupie stores and officés, thero is strong confidenco that, in view of the expanding country trade, there will be no surplus of unoccupied stores in any part of tho city & year hence. An instance of this confidence smong our own people is shown by the arrangements recently completed by Mr. Charles Busby—ono of the most oxtonsivo and successful builders in the city—for building an aggregate frontage of about 200 fcet of firat class business buildings on State and La Salle streets. Mr. Busby recently hought for £145,000 the lot known a5 the Crosby Music Hall proporty on Stato strect just north of . Wash- ington. This lot has an enst fromtuge of 9134 feot on State strect by & depth of 90 fe The owners of the Stewart property (old James Hotel lot on the northwast ‘corter of State and Warhington streets) which sdjoins tho property adjoining havo also detormined to bnilg in conjunction with Mr, Bueby, this spring, thus making an_aggregato froatage of 183 foot on Stato and 90 feos on Washington streot. such ehow as if arrayed on straight, naked | When thess buildings are completed, streets, and it is no incommon thingto find | the only unimproved lots on Weshing: ton street between Tifth avenuo and anew houso alreads furnished and oecupied before you had seen the foundalion }nii In a small district lately arraoged for a water district, to bo devoted to “'pipe-laying,” even tho Village' Trustecs were surprised to find 703 houses, by actual count. Large a3 the surface f Hyde Park is, the builder's bammer can be heard resounding everywhera ; and the first of May will find_moany liousehold goods on_their way hither. Just about this time Comell, or Grand Crossing, appears to be the cextre of at- traction. Mr. Cornell has donated Block 109, valted at £20,000, for a large tool factory, which 13 to bo built immediately, at a cost_of £950,000. As an inducement to add & cupola. heis to’ do- nate a flagetafl, and Elliott C. Anthony, Esq., is to dozate the colors. Nothing is completo now- a-days without either 2 manserd or o cupola. The eky lines are the most prominent lines in architecture ; and ths people of Chicego and Hrde Park aro to be kept continually looking ap. Pl[r. Cornell has traded for nesrly a wholo block at South Park Stat an, houses and all, end the people are to move down to Cornell a8 soon 88 their houses are ready. He has also taken Friend Holladay right from onder the droppings of the stone sanctuary at Hyde Patk, and is to transfer him in somo " way to_Cornell, ‘The pest week has been_oquinoctial week nct only with ofd *‘ Prob," at Washington, but with real estato metters in lirde Park., When the ground is covered with enow, it all looks alilke— ridge and elough, prairie or clearing, it is sll the same. Bo the inducements 10 go out and show off lots has been small, and, as & _consequence, transactions are few. All the dealers report “ grest cxpectations ™ in the near future. One :guld ;u a0 sere nonr Forly-thisd sirect, be- een Bvans and Langley avenaes, 5 frem gley , 8t £9,000, on Anotkier has just refused £250 per front foot on boulevard near Forty-third, and says large transactions are on hand in that locality. Another reports six houses of largo size for [Egandale, four of which are to bo on one bleck Judson J. C. Gillispio at the valuation cof Wabashwill bo the lot noxt the Chamber of Commerco, ard the Crosby Opers-Houso lot, 140 fect south front on Washington st, next west of tho Stowart property (held for silo et, o bo- licve, by dir. W.D. Kerfoot). This property would, wo belicve, bo even yot the most central and best location for & new opera-house_on the scalo of the old Crosby Opera-House, and if the proposed Joint Stock Company to buildan opera- oute hos sufiicient. vitality to sccomplith any- thing, it would bo worth thsir while to take the matter of sccuring tho lot into consideration. The building up of tne St. James' corner_will meko tho junction of Washington and Stato streots superior in point of srchitectural ele- ganca to any othor junction of strects in the city wheré etrangors can b2 taken get & view of tho bost buildin tbat the city can how from omo epot, sn swould not onls be a good locality for an opers- house, but would be some of the most valuablo businces property in the city. 3r. Charles Busby bas aleo leased the *Smith Iot,” which bas a frontage of 80 feet by & depth of 100 feet on LaSallo street negt south of the E Union Naticnal Bank building, aad will build there this spring 8 fino basiroes block suitablo for banks and similar business, B Messrs. William D. Palmer & Co. bavo just Jeased for 20 years 50 feet east front orn Clark strect, 125 foct scuth of Van Duren etre: per foot, to be appraised at the end of cvery five yoars. In 90 days 3Mr. G. will have two stone ZTront four-story siores erocted thereon. Messrs, Palmer & Co. Iave also rented to Jrliua Dauer & Co., of 390 and 392 Wabash aveane, two of ths stores under the Palmer House. A stock company, called the ‘‘South Engle- wood Hotel Comphuy,” Lss been started Ly Messre. Henry i Tipon & Newmaan, and A. F. Noble, for the p pote of building and running a first-class Lotel st South Englewood at 8028t of S20000. . “Brooke, Gilbest & Givi Mr. H. L. Hill bas sold within & few days 40 acres in Rees' Bubdivision of Sec. 11,53, 13, Algo, 80 acres on Fifty-fifth strect boulevard, just west of Halsted streot, for £60.000. BATURDAY'S TRANSFERS. The following instruments were filed for rec- ord on Saturdsy, March 29 : cITT TROPERTY. Thirts-first et. bet State stand Wabath av, 8 f, Lot %0, dated Mareh 28; consideration, 35,800 Barber sts, bet Union and Jefferson’ sts, nf, £0 ft to alley, dated Merch 24 ; consideration, £1,700. Auburn #{, bet Cayuga and Opoudags sts, w1, 95 1t 10 allay, dated Feb, 8 ; consideration, €450, Lot 30, adjcluing the above, dated'Jzn, 24. consid- eration, $450. Lot 51, in Hopkina' Block 9, 8eo 7, 39, 14, dated March 24; considerstion, £1,000. Hickory o7, couth of and near Divi £t toalley, with builcings, dated March 2. tion, $1,530. Kendll 8, n o corner of Wost Taylor at, Lot 13, dated March 28; coneideration, §1,000, Coulter st, bitwean Western av and Oakley st, n?, 4123100 ft, with 25 otker lots in same block, dated March 357 coasideration, $31,050. Napoleon s, ¢ of and near 16, dated March 23 ; consideration, “Thirty-first £t, 133 1t wof Dutle dated March 25 consideration, §930, Robey at, 396 ft 0 of Polk st, ' f, 24114 ft, dated March 27 ; cousideration, £1,200. 8t. Louth st, 141 ft 5 of Weet Twenty-cecond st, o 1, nat, 6 1,25 consider- e st, s £, Lots 17 and it, nf, 26135 £t, 53132 £, dated March 28 ; connideration, $2,400, Lot 57, in Block 27, Shettield's Addition, dated March 20; consideration, £503. Sainpson st, befween Wood and Paulina sts, 5 1, 24x 124 fi, dated 3Tureh 29 ; cousideration, $300. Thirty-fratst, belwien Butterficld and a8, 0 f, Lot 42, dated Mareh 1 consideration, $2,100. Lot 8, of Wilson’s Lots 11029, inw 3 Block 25, 1n 8ec. 1,40, 14, dated March 215 consideration, $900. Weat Clyboiirn place, 8 € cor of Ridgeville road, o f, Lots 21 and 22, dated March 29; consitleration, $1,200. W5 of Lot1 fn Sub-Block 8 of Lots1 and 3, in Block'8, Shefield’s Addition, dated Juno 12, 1872 ; con- uideration, 81,562, Lota 88 fo 41, i1 Block 1 of n 3 Block 4, Shefeld’s Addition, dated March 24 ; consideration, $4,800, Crawfcrd ay, bot West Madison and Kinzlo sts, w £, 10 acren (except railroad), dated March1; considera: tion, $40,000. Tho West Chicagy Land Co,'to 3. B. and W. G. Juckson. SOUTI OF CITY LiITs, Thirty-ninth st, 141 ft cof Pierson ft, 8 f, 21125 t, duted Aug. 12, 1872 ; conslderation, $300. Lots 4 aid 8, in Block 25, of Eimbark's Addition to Hydo Park, dafed Mzrch 25 ; consideration, $3,200. SUMMARY FUR THE WEEK. The following is the total amount of eity and suburban property transferred during the week ending Saturday, March 29. City property— Number of sales, 149 ; consideration, $366,471. North of city litnits—Nwuber of sales, 3 ; co sidoration, $4,150. South of city limits—Nnum- Dber of saley, 25 ; consideration, £66,475. West of city limifs—Number of sales, 1: considera- tion, £60,000. Total sales, 193; total conidera- tion, 697, Burnsido REAL ESTATE. EREATBARGAINS HOUSES. WABASH-AV.—A fine two-story and brick basoment house, with 10 rooms, and all modern fmprovements, No. 185 Webash.av., near Follansbee's Block, noar Twoaty-third:st. Tho house was bullt by the owner, and 1 in evors rospecs well built. If called for within & fow dajs, ftcan be purchased at the low price of #12,00, part on long tme.” This property is cheap st B14,000. MICHIGAN-AV.—No. 543, a first-class rosidence, 2:story an3 basenient brick, with stone trimmings, contaln ing 12 rooms with odern fmprovements, andZsle- gantly finished. The abore will bo sld very choap if epplied for soon. Possession given immediately. WABABT-AV.—No. 739, & splendid brick Frezo 20d barn, 11 roms ments, at ths low prico of $14, INDIANA-AV.—No. 10, near Twonty-niath-st., sz elo. gant two-story frame house, brick basement, finished in supertor stsle; al! modorn improvements; barn and carrisgehouso; lot 50x175; only 318,000, oge-third cash, A COSY COTTAGE HOUSE, with English basemont, on the West Side, being No. 165 Soath Robes-st., con- talning 8 rocms, bath-room, furnace, hot and cold water, marblo washatand, and 8 clossts; lot 25x120, well improved, and good barn. This house will be s0ld cheap if s0ld within ten days. 188 LEAVITT-ST.—2story aud bascment brick, awoll front, all modern improvemonte, 10 rooms, besides closats. A newhouse. 23,500—part on time. It s Icss than any ome could build & house of the same class. tory and basoment 1l modern improve- ; easy torms. W alio havo s greai many houses and lots on the nues and streets on the Svuth and West Sides at all Cheap and on oasy payments. 1 thoattention of the publio to the fact that we have one of tho largest lists of propsrty for salo in this city. Also, eplendid lots fronting on tho Boulovards and Parka in Hyde Park, noar Kenwood and Egandale, in the CLARKE, LAYTON&; 00, No. 120 LaSalle-st., Rocm 2, Oriental Building. Forty Acres. The handsomest high gmve land around Washington orchard, excellent water, commanding viows, aud a’ vory chalga proporty for subdivlslon ot Improsément. For sale by C. H. BECKWITH. 276 LOTS For Saleon the South Sido. Will Exchangaa part for 2038l proj . H. BECKWITIL K WIT NAVIGATION OPEN! Groodrich’s Steamers, RUNNING BETWEEN CHICAGO AND TWO RIVERS Froight received and shipped to Racine, Milwaukeo, Pt. Washington, Sheboygan, Manitowoe, Two Rivers, Kowaunee, and Ahnepee. BUTLIN, Supt. DENTISTRY. D10, TOWNER & €0, DENTISTS, 181 and 183 West Madison-st., northeast corner Halsted. v TEETH EXTRACTED WITHOUT PAIN. ial Set: $10, $15, $20 and $25 -S2 to 54 FURNITURE Of all kinds at Lowest Cash Prices, on weekly and monthly instali- W. L HUNT & CO.’S, 37-% Milwaukce-av. ments at REMOVALS. Removall GRORGE (. SWITH & BROTHER, BANKERS, HAVE REMOVED THEIR OFFICE TO THE Soutbwest Corner_of UB&I‘DDI’HEQ Randolph-5ts. EDUCATIONAL. “Clicagy Cniversity Law School Threo Sessions daily and Moot Court. Lectures in Boono Block. Stadents entor at any time, and graduate when compatent. Term begins April 1. For torms and ¢a alaama address Roow X9, Tribune Building. SAVINGS BANKS It is gratifying to notice that the system of Savings Banks is making a good headway among us. There are no institutions that are exerocising a more snlutary influenco in cer- tain quarters, which cannot be rozched by any other means than theso. Their vast benedlts ave felt far more plainly than they ars seen. There are but few who contemplate the ag- gregate amount of the surplus earnings and the savings of thoso classes of pergons who aro not engaged in extended business opera- tions. These small sums, which would gen- erally be hidden awsy, snd produce noin- come, begin at once to accumulate by the interest nllowod by the Bank to the depos- itor. They are also laid up where neither moth nor rust can corrupt, nor thieves break through and steal. They also remove the temptations of the murderers, who frequent- 1y take tho life of their unsuspecting victim, whilehe is sleeping, for merely a small sum of money which he is supposed to have luid by. In this concentrated form of thaso small deposits, they constitute s capital on which this same class of people msy rely when they have accumulated nearly enough to make for themaelves & home, or to enter upon or en- large & lucrative business. Savings Banks have probably done more to suggest and en- courage habits of econom:y, and to lay tho foundations of splendid fortunes among that class who cid not happen to be * born with a silver spoon in their mouth,” than any other system. The independence one feels in hav- ing agood bank account is o great satisfac- tion. Every one is acquiring small sums of money, and who aspires to independence, comfort, and position in society, should, by all means, open an account at some good, solvent, and liberal Savings Bank, and the younger the depositor begins the better. There is probably no one thing that will exert a greater moral and conservative influenco upon the younger portion of a community, of both sexes, than to become interested in this mode of savings. Whatever may have been their associations or antecedents, they be- come lovers of law and order, and opponents of all mobs, riots, and disorders. They take greater interest in the condition of their city ortown,and all public institutions and affairs therein. They also feel that they can aid in some important improvement with these no- cumulated funds in the Bank; and, by the reputation acquired by the frugality and industry which this course engen- ders, may be called upon to teke charge of responsible trusts, or if not enabled or clined to take o direct interest in such im- provements which are calenlated to promote the public interest, they feel thattheir united deposits or capital in the bank can render efficient aid in tho accomplishment of stu- pendous works, will promote their own in- terests and every good member of their com- munity. The first Savings Bank in New York was chartered in1818. In 1820, itsde- posits wero one hundred and fifty-five thon- sand dollars ($165,000). They incressed an- nuslly at a rapid rate. In 1873, its deposits amounted to eighteen millions three hun- dred and sixty-seven thousand dollars ($18,- 387.000). The Bowery Savings Bank was chartered in 1834, The growth of this bank exceeded its contemporary. In 1838, its de- posits were two hundred and fifty-seven thousand dollars ($257,000). In 1872, they were twenty-six millions six hundred aud eighty-three thousaud dollara ($36,883,878). Its increase, like the first, was gradual. To givo an idea of the immense benefit, or fu- cilities afforded to_the trade by tho means of these small deposita in Savings Banks, it may be well to state that the annual reports of the New York Banks in January, 1873 show that the Savings Banks in the Btate of New York had ninety-six millions loaned on bond and mortgage, and one hundred and fifty-six millions loaned or invested in stocks. In Massachusotts, the amount loaned on bond and mortgage was seventy- four millions, besides fourteen millLons to counties and cities, and twenty-four millions invested in public stocks. Connecticut, Savings Banks have Joaned ight mill” ions on real estate. Tho accumulation of de- osits in the six New England States and Kew ok increase annually m rogular but incroasing ratio. Thoy sggrogated, Tastyaar, three hundred and twelve millions (S312.° 000,000), thus exceeding the National Bank copital of the United States. The Savings Banks are invested with different priviloges and powers in the different States in regard to the appropriations of their funds. Some of them aro restricted to loans on real estate, some to real estate stocks, stocks and bonds. The fund so raised by these small deposits constitutes what may be termed *Credit Foncier,” and who can compute the amount of facilities which it has afforded to the trade, commerce, and industry, and the development of the resources of the country. The principle is this: . early and small depositors have not sufficient capital to enter upon any extensive entor- prise, but as they accumulate and conteni- plate’ en undertaking, the same parties be- come borrowers, and have this stupendous capital to fall back upon to aid them in its ac- complishment. Having presentcd & synop- sis of the Savings Banks of other States, it will be encouraging to observe_that our own young city of Chicago has made remarkablo progress in the establishment of such insti-. tutions, and it is indeed very remarkablo, wheon it is but eloven years since the firstone was organized, The following tablo will un- doubtedly astonish many who bave not given sny minute attention to_this dopartment of Political Economy, and it affords an impor- tant lesson upon financial acience for consid- That the, 000250000000009000000060600060000¢09000 ©0000000000600000000C0O0000000000C000000 SPECTAL ANNOUNCEMERT. §CHN B DAVEY & (0, 328 & 330 West Madison-st,; CORNER ABERDEEN, Successors to Hamlin, Hale & Co.'s Retail, Respectfully announce to the Peaple of the West Side, that they propose to establish themselves permarently on the West Side of the city; and identify themselves with West Side interests, We have made large additions to the stock, and shall always keep a full assortment of such goods as every family may reqaire. New York Milis, Wamsutta, Fruit of the Loom, Lonsdale, Scmper Idem, Tuscarora, And many other brands of Cottons, retailed by th? yard or by the piece, at mauufacturers' prices, S Asplendid assortment of Marseilles Quilts, Linens, Damasks, Crashes, Towelings, Napkins, Doylies, and other Housekeepers' (omls. A full stock of White Goods, Notions, Lzces, Ribbons, and Ties, Gloves and Hosery. Over 5,000 yards Hamburg Edging and In- serting, very cheap. ‘We shall make Dress Goods a specialty. will keep all the new fabrics,and in all the new and desirable shades. We will npen on Monday, March 31, 100 pieces Double Warp Black Alpacas, and offer them at 50 ets. per yard ; the greatest bargain yet offered. N. ‘We buy every dollar for cash, and ask credit of no one. and sell forcash, We shall have one price etrictly, which the peoplé of the West Side may be assured will be satisfactory. A liberal patronage is respectfully solicited., JOEN H, BAVEY & @0, 000000000050000000030000000000000000000 00060000000000000000000000000000000000 FORSALE. AtLgss Than Haif Gost A first-closs Boiler and Engine, 35-horse power, either on premises at 85 South Canal- ot. cr removeblo May 1, for aale with or witi- out lease of premises. Call this week. A. N. KELLOGG, 77 and 79 Jackson-st. W ARHTG! NO DELAY e cocue with bugors wha {ntend 1o bold tickets g SHRAND GIFT CONCERT I SR GRAND GLET CONE G anta {will not Sheald to_the ' one: ’ok ]’u\ ic ll"l,:’“{ ouptly on i 5 Rt la seartor ot s single 42y, af tho pres nt ratoof sales Ehichisih ¢ o to ezhast the fall one- Bandred thouan tickeis auy Lonr. ‘b' eanll;. “vlnalzl agencies lélh- lihed. thesmamott tho Cr e twa orov e by S aia ad ey saloof ticketa for thia: Jliers Ly, “Firut corm firsssorved. - Ths Ten Thonarnd s <, to be aistributed by Jot to_tickac-holders, amount to HALF & MILLION DOLLAMS, dirid astollows, viz: One Grand Gift, Caslt, One Grand Gift, Cash, = $100,000 50;000 One Grand Gitt, Cash, 25,000 One Grund Casbi Cuft, = = = 20,000 s - - - 10,000 . e - 5,000 24 Cash Gifts of §1,000 each, 24,000 50 Cash Giftsof 300 * 23,000 80 Cush G 400 32,000 100 Cash Giftsof 800 * 30,000 130 Cush Gifts of 200 30,000 | 520 Casb Glits of 200 ** 59,000 10 90,000 9,000 Cnsb Gifts of Total, 10,000 Gifts, nll Cnal, - 2500,000 Tickein, §10: Halves, 853 Quarters, $2.50. Ongtaten s saro to draw. Ty Eleven Tickets for 2100, nnd zet your money bick at leant. Dayabiofa greoniacks, wiihoat deducting 2y ‘ne Library 1n und’c dirert coatrol of the Legislature of ths State and tho Library Trustecs, sssist and zdvisod by the most eminoat citizens of b weat, ander whor : direction, also, the Coneart and Ing 13 hel ess of the iee; chargs ef” Hen, . Bramlctre, of | are’ good to’ tho | Iy, uve to be st Ia furntshued discoun: cd throagh any Drok or I same as A drat or Casck, Order quick. Sci r 3 money. . 0. Crder, Draft, Registared Lotter, or Express, pre- or tickete, fall programme, in fon ard all par- tlars, apply either t Hon. LHO! RAMLETTE, Toaiseilts, or F, 1. DIBE LaSalia’ st., CHICAGO, Weatern D Apply alto at Bokstores of 133, Dear- borast, and 7 Statest,: 1 ., 137 Wort L. MA- TRE- GENERAL NOTICES. Notice to Stockholders and Bond- holders. - Smcaca & Aurox RomRoan Ca., | SECRITANY'S OFFICE, Cuicado, March 24, 16 Tha Stockholders =nd ~uting Hondholders of the Chi. cazo & Alton Railroad Company aro hereby notltied that o 13l Meating of said Compaay, for tho clectinn of he A terae Directors 0 serso for threa sears, and transaction of such otko: businars as may bo presented, will bo beld at the ottzu of the Com-wny, in Lhicago, Ulinols, on Moo at v o'clock Ths day, the 3th day of .upril nest, m. The Teansfer Hooks will e closed 'at the close o usiness hours on tho 21¢a inat., &nd reopenad for Tranafers on the Bl dey of Aprl mexts W 3. LARRABEE, Secy- Notice. s Thers will be & meeting of tho Contracting Plastorors of Uhicago hold at the Bullders' Exchange, 333 LaSalle- st., st3o'clock p. m., sharp, on Tucsday, Aprill. All members ars roquested to sttend, as business of impor- tuace is 1o be brought boforo tho Association. All Con- tracting Plasterers of Chicago aro invited to bo present. By order of THE PRESIDENT. INOTICE- WEST CHICAGO, March 2. I woald respectfully taform my fefends (hat Lam & Can- ¢idato for Collector of the Wost Division, and very ear- pestiy request that those Interosted fn my election will cume out carly on ths morning of Tuesday, April 1. oura rospect! CHAS. MCLAUGHLIN, Eloventh Ward, HOTEL FOR SALE OR EXGHANGE (o Maryastte, the most Ty g city on Laks Supertors hotal firt-cla 22 (il the timp. P H. BECKWiTH. ~ COFFEES AND SPICES AT COST. We will sell at cost, for cash, for the noxt five dass, to 16 Michis OCEAN NAVIGATION. NATIONAL LI, Sailing from New York for Queens- town and Liverpool every Wednes- day, and for London direct every fortnight. Cavin Passaze $80 and $00 Carrency. STEERACE, 5.0 cur wncy. Prepaid steerago tickets from Liserpool, Quasnatown, Loadonderry, Glasgow, Cardid, Bristol, or London, 331.00 booked to or from German and Scandipa- t low rates. Steamsbips of this lino are the largest In the trade. Draits on Great Britzin, Ireland, and i Continent. WILLIAM MACALISTER, 55 Market-st.. Chicago. CUNARD HATL LINE. ESTABLISEED 1840. Passengers carried during 1872 - - - - 72,363 From New York every Wednesday. From Boston every Saturday. Cabin Passage, $80 and $100 Gold. Ezcursion Tickets at Reduced Rates. Spring sailings are now arranged, and intending pas- gengers aro recommonded to mako early application for erths. Steerage P: gers booked to and fr mfiumlrclt\nw- estrates. Drafis oo Great Britain, Ire d, and tho Con- tinon:, Throug: Bills of Ladiog for Merciaadise to and from Earope. ', 11 DU VERNET, Gon'l Weet'n Agent. N. W. cor. Clark and Randolph'at., new Sherman House. ALLAN LINE Hontreal Coean Steamsip Co. First-class Steamships, Unsurpassed for Speed and Comfort, running on the Shortest Sea Rontes between EUROPE AND AMERICA. RST-CLASS LINES. i or trom Earops, 2180 atlowest rates, and through (o polats fa the Weat Jower than by othor ilnes. RATES OF FREIGHT: Tarlf arrangod on all classos Merchandise from Liver- gl or Glaszuw THROUGH to Chicago. turotherfolormation, ot (rolcht contracts, aoply atthe s Otide, 72 and 74 LaSallo-at. pany's Offve, 12 and T LaSTAN & €0.. Aconts. FOR EUROPE. INMAN LINE MATL STEAMERS. v York as foilows: Satarday, March 2 2P, 3. | Saturday, A?nf 5, nooa) day, April 1, 3 P. 3 CITY OF BROOKL Sat April 12 2 PL3L Acd each _sacconding SATURDAY 2ad THURSDAY, from Picr No. 43, North Riser. Cabin Passage, $85 and $100 Steorage, to British Pu 3.00 Carrencs. Stcerago: to German [ .00 Carrone; o fire FRANCIS C. BROWN, Genoral Weatern Ageat, 86 South Market-st., Chicsgo. eration. E g TEDZ FEFEFIEEFIESE B EEEREEEZIZ| . EESRFgasESE| S Qo EdsPezl? FEzigEEz 153 83§gifg #E2 L8 rEsiigsFiege b 14 - = H L k-1 8 e o= 3, o H »d 5 E T 2 55588 g dm:o3F £ 22 B ez 52 H H g e T H g‘ ; BEFREGE E REEE ) FE#SEufiggggg =§ 3 %20 H 2y 3 EEPE_ QP 8333 4ls T 7 SRR E SRR E i K : g B Fgogro g cfd Fi.850 H m 2 e = 8 F L - Eow PEerfE| L% FEL Biggi B| %l &8 H §i 8| 3|8 i3 B I s H £ H = = g T @ e ac ~x252$2888E8 GEESzSSSd222 ) b BT 2grzzeaT |3 558888z 53388 ¢ SSaccSweadssl| o= Sm 3= E qfi—é E & S5c8383:83¢8¢8 seeScwSo B8 £ss3 2232 [i85288338288¢858°1 The figures above spenk in cheerful tonoes of the prudence, probity, andpu’cum?echon of the officers of our institutions, and of the strong hold of confidence thnt,ths{‘l have upon that portion of the public who are growing in thrift, and destined by this very economy to become the solidmen inthe com- munity. It was designed to present a Synop- #is of the law by which these bALS are gOV- erned in their operations, but as there is not a general law for this objoct, esch one acting under o special charter, 1t would not conform with the brevity contemplated 1n the com- mencement of writing o 80. i The * Savings Banks” are State institu- tions, and should commend themselves to the patriotism of our people. The ufllcflrl{ and Directors of these banks are mex o standing in this community, ip whom can be placed implicit confidence. They cre men thoroughly scquainted with the banking business, ‘and the success of the patrons of those hanks is du in & grest Dessuze to the W] control of the . TR EMMETT CULBRETH. {ting twico a weok from e wil parta of Grost it 4w St 23d Jrish ‘ow York, and carrsing Trelaad, C: 4. Con sable In U. e Cor s Y., 80 N. E. corner LaSalle HENDERSON BROTHLRS. Axzcnoi: e e ey scavzs. FAIRBAXNKS STANDARD SCAT.ES OF ALL SIZES. FATRBANES, XORSE £Cr } or within line of river, PROFESSIONAL. PEOFESSION.ATI. ACETOPATHY, or the ACETIC ACID CURE, Fer Colds, Rhromarism, Nouralgta, Asthma, Bronchitis, Fovera, pratas vd 31l Acute and Chronic Disesses. Panpilor, Agaata wanted. Coarultations ol v T3 oiclock, MENARD & CARIIS 2B WO Moottt Chicago. ARTIFICIAL FLOWERS. . COX & CO., Masafactarers and Importers of \ificial Flowers, Roses, Leaves, Etc, For Millinery aso, DMadison. PROPOSALS. () TANUFACTURERS. Trogosals for Honse of Correction Laber, Sesled proposals will be reccived st the office of the . notil Apeil§, 193, at 13 o'clock m., for the labor ablo-bodied city prisoners, st BRICK-MAKING. ution to fornish grounds; 10 hours to be a day's wrk, 20d no chargo for labor when prisoners canaot ba employed for reason of bad weather. Contractors may use cloy belonging to the institution now in riser bottom, contemplated by survey fof rivor enlargemont. Cantract to exten! throo scars, sub- ject o cancellstion by three months' notice from con- tractors to the Board of Inspectors. Prisoners to work during brick-making season oaly. Also, lio proposals for the labor of 50 mala city prison- err, at any other outdoor employment. Institation to far- nich necessary grounds. Coutract stbjoct to 8arme con- ditiont as to hours of das’s work, bad weather, length of cuntract. and canecllation, as above specificd for pro- posals fur Iabor at brick-making. Iike proposals for the Iabor of 75 able-budied male Iaborers at ndocr work. Institution to farnish workskop and wareroom. Contract subjoct to the tame conditions 15 t0 hours of day’s work, lonz*h of contract, and cancel- Iatlon, a8 above specified for proposals for labor at brick- makicg. aisy, Ik proposals for tho labor of all sblebodied fomalo prisonors not roquired at ordinary prison daties. Institation to furnish workshop znd warcroom. Con- tract subject to samo conditlons aa above specitied, as to ours cf day's work, leng:n of contract, sud cancellation, fex proposals for labor at brick.making. Institution to farnish all necorsary gusrds and keepers 43 enforce labor. Proposalito state the price por diom fur sach prisoner; also, wisther more than the namber spocifiod are wanted, and ifiso, how many; the bustnces ¢ whvch it 1s proposed o eciploy them; eize of workshop cc1vom, of grounds, requirod; and if power or 1310 bo used. Proposal to bo accompanied by abond nthe sum af 820, with two surotios, to be ap- Drovt by tho Meror; ths conditians cf tho bond o bo tho making of the contract if.theid is accepted; and to bo addressod, **To the Board of'Tnspectors of the Housa of Costction, Mayor's Office, Chicago,” and marked, “+Proganalsfor Prison Labor.” Tho Board of Inspectors smierve. ‘w0 right to roject.any and all bids, A good and suliclent bond will bo recuirod for the falfillment of any contract. All roquired ififormation will be farnished by application to the Meyor,.or 10 tho Superiatondent of the Honso of Corraction. 5 order of the Boardiof Tnspectors, JOSEPH MEDILL, * Aayor aad Chairman. PROPOSALS For Material, and Work, and La- Dbor Required in the Construe- tion of the Cook County Jail and riminal Court !Cuilding. 2 182 Ea roposals will bo reccived until thy 7th day of Sealed a pril, 1963, at nomtfib tho Eoard of Cownmissioners of Coe uaty, for L. roishing and dalivery of all ma- jerial. work, laborJand _construction of rnd for the Cook 'Couuty Jasi'and C riminal Court Building, being erected n the corner of Wichigan and Dearborn-ats., in the Clty sof Chicagn, accor Jing to plans and specitications, detalls {and dramngs on :[ic in the oftice of Measry. Armstrong & Fgan, Keclivects, No. If Souts Cirk-at., Colcaro, sa ifiove; o wit; t 1. All materia), “work, Iabor, construction, and finfsh {for catire masa, cut stons, aad plasteriag work com- it 3. A1l material, bwork, labor, construction, sad finish for the iron wurk comploze. 3 3. All material, work, Iabor, construction, and finish fer tho balldizg. carwater, jlaer, And wocdwork co: e PN materie, work, Iator, constraction, sad Aalsh for tha plambiox and ges-ntting complete. ‘The stone 1o bn used may be granites, marbles, or sand- 5 'A;r‘o‘ qualities mil:‘: bavi untformity of color, tex. and Ju-ibility, aad g0 stons will be considered quality has oot been tested by acital nse in butld- 3aiiders may fnelude ono or mero of the itams cified o thelr proposaie, 2nd ail proponts st b ade ca 3 z o priatad forns to 66 obtiined of the Coanty Cler) & commanied with s’ copy of This notice. aad by & pensi Beiad 1 the sum of ano theasand deilars (31, U6), with as. d by nrtd Board, tiat tho bidder will d et the cantract 1f warded to, oy ol cur ] raater Fo (Le carpenter, Juiner, and bufliiing work and el i 15 reserved. e aclunsd 12 3, sorisd e3velope doruci i various of mork and. mate D e depaatved with tho Connty Clerk, sddressod TG lioard of Comminsloppry of Cook Cauaty. Propouals must THOMAS LONERGAN, GEOKGE M. BOGUE, Cemmlttes on Pablic Balldings, Board of Commisstoners T s, Jotimal, Post, BisatsZeltuog, Uaios, aod 6 WEST WASHINGTOS-ST. P Deees slean eipr. o Mareh 12, 1273, OFFICES e Buil Not Yet Taken. Two very desirable single of- fices on Second Floor, One suite of two or three rooms on Second Floor. A few large and small rooms on Third Floor, suitable for Ar- chitects or Artists. Very large and desirable room on Fourth Floor, nox;r.h light. The finest single offices and suites in the city. The building is strictly Fire- Proof. The Joors are laid in Englisit Tile. Fireand Burglar-Proof Vaults All appointments of the best description. An elevator counects with all the floors. The entire building is steam- heated, with portsr always in attendance. Vacancies yet remoining of- fered at reasonable rates fora term of years. See the offices. For terms in- quire cf EV. C. DOW, Room 1.-i¢evada Block. __ RAILROAD TIME TaBL:. AREIVAL AND DEPARTORE OF TRATR Winter Arrangement. i = tonpi—] FErLoIuTION or REFERZNCE MATKS.— § Sttarday ox eopted.” * Sunday oxceptod. : Monday excertsd. - rive Sundayat§:0a. m. 3 Daily. press (Western Divislo oliet & Dwight Accamo'dstion. t. Loals & Springtield Lightaing Express, via Mara Line, andalso| via Jacksonvilla Divts{o -{9:00 p. m. [$7:20 p. m. Kansas City Express, sl Jack-| i soaville, 1il., & Loalstans, Mo. = Jeilersan City Expres Poorts, Keokuk & Bu < Daily, J B +ia Main Line, #ad daily excopt Saturdiy, vis Jatksoueillo Divieton. -2 DAlly, via Sfati Lins, and dails, except Mcnday, nia Jacksonvilie Divis: CHICAGO, MILWAUKEE & SF. PAUL RAILWAY. Twion Depot, corzer Yadivon and Canal-sts,; Ticket Ofice ' Weat Hodisonst. and al Depots - 100, Teare, | Arrice. Mtlwaukes, St. Paul & Minneap- olis Day Express. .| 9:0a. m.:l e o Milwaukeo & P ) " 4:30p, m. "1l 0a. m. [+ 9:00 p. m.|* 6:00 p. m. 31ail and Exprees. Milwaukee, St, Paul & Minoeap- olis Night Eipress..... CHICAGO, BURLINGTON & OUINCY RAILROAD. Depots—Foot af Lnkeat., Indianaar., and Sixteenth-st., and Canal and Sixteenti-sta. Ticket oficein Brigys Houss and at deputa. Mafl and Ex Dilbaque aad 8 Pacific Fast Lins Galesburg Passenge: Mendota & Ottawa Pasionge: Aurora Passe Aurora Pasteazi ‘Aurors Passcoger Dubuqug & Sioux City Exp. ific Night Express.. Downer’s (irovo Accommodn’ Downer's Grove Accommodation Otiawa and Streator Passons: ILLINOIS CENTRAL RAILROAD. Degot foot a7 Laliest. and foo oies, 75 Can ‘Springtield Fxproy Dubuso & Sivuz City Dubuaus & Sioux “*On Saturdaya this train will bs ran to Ghampaiga. CHIEAGD, INDIANAPOLIS & CINCIIRATI THROUSH LINZ. VIA KARKAKEE RGUTE. Traina arrice and d-part From Depot, folaf Lake-sr. zor throuph f car berths apply at Tickrt oice, son ; 120 Washinaton-st. 22, and Michiumn s Teave Chicaxs. Arrisoat In Arriva st Ciaclana Trains arrive at Cliicaco at 7008, m. aod 9:15 . Oaly lizo ruaning Saturdsy night train to Clacinaati. The entiro traln rans taroagh to Cinclaaati. Pullzmaa aleopers 03 nlght trais. Trem ., enrner Conjran 0 ook ur Tieoniy-srcomt-r. R0, . 3 2 Bay Express.. S Paul Faprose. CHICAGO, ROCK ISLAKD & PACIFIC RAILROAD. Depot, corner of Harrison and Shermanta. Ticket ofice, D Wert Wadisonst, Qmaha, Learsuw'thd Atchison Ex! Peru Accommoadation.. Night Exprose. LAKE SHORE & MICHIGAN SOUTHERN RAILRCAD. Depot, corner Harrison and Shrrman-ate. Ticket oMess, northwert exrner Clark and Randolpbate,, and southiest enrner Canal and Yadisun-sts, Mail, via Alr Linn and Main Lina pecial New York Esprese, via’ CHICAGO. Partenger Depot at I naland Kinzie-at Freioht and Ticket ofice 163 Wa DANVILLE & VINCENNES RAILROAD. , corneraf Ca- Mait,.. Evads MICHIGAN CENTRAL e GREAT WESTERS FAILRS Doty fis oy Lii: it and foo o 73 Canalat. corner of it Mafl (via main and alr lins) Day Expross. Jacison Accommodation ‘Atlantic Expre: Night Expros: GRAND RAPIDS XN Morning Espreas. Night Expres