Chicago Daily Tribune Newspaper, July 30, 1876, Page 16

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16 THE CHICAGO TRIBUNE. SUNDAY., JULY 30, 1876—SIXTEEN PAGES. REAL ESTATE. Some Surprising Facts Respect- ing Property in St. Louis. Her Claim to ““ Solidify*’ Vanishes Tpon Investigation. A Greater Shrinkage of Values than in Chicago. Business Property Suffering Terribly from Changes of Business. The Legend “To Rent” Every- where Greets the Eye. Review of Last Week’s Business in Chicago. Indications that Capital Is Getting Up an Appetite for Productive Real Estate. Irreconciiable Difference of View Be- tween Would-Be Buyers and Owners. ST. LOUIS. WIHAT INVESTIGATION DISCLOSES . Special Correspondence af The Tribune. S1. Louss, July 27.—Some facts have come to my notice connected with the real-estate mar ket of St. Louis which will surprise your read- ers, and may prove consoling to them at this time. 1t is generally conceded in Chicago that St. Louls is a *solid” city. In the abscnce of nearly every other distinction in which the large cities of the country take pride, St. Louis has been allowed without challenge to rejoice in the sttribute of peculiar and exceptional golidity. ' purpose, by an array of simple facts, todisturb r claim in this respect, and to show that, while she never epjoyed the benetit of lively speculation in real estate during prosperous times, she is now suffering more from shrinkage of values than js Chicago. It is the general impression abroad, except among the Eastern capitalists and insurance com- panies whose loan investments here huve given them an insight into the true state of thiugs, that the greater part of St. Louis real estate is owned by wealthy, or at least solvent, residents, who have no trouble in carrying the slight in- cumbrances upon it. The truth is, that, al- though the word * foreclosure” seldom finds its way into the St. Louis newspaper reports of the real-estate market, it is scribbled very ex- tensively through the recorés. By far the greater number of the notes, both for principal and interest, maturing last spring aud this summer, s / HAVE BEEN DEFAULTED, © and the property sold to pay the incumbrances. In nearly every case the mortagee has been obliged 1 buy the property for hus debt. Much of this property was improved, and all of it val- ued Letore the panic at twice the amount of the incumbrance. Four years ago, a local corporation loaned $15,000 on a prece of welldmproved property fronting 122 feet on Third street, near Yine, and 80 fect on Second. It was then appraised at $35,000. Default was made in the payment of the interest note for 1876, and the property was put on sale under the incumbrance. The cor- poration bought it in for $3,000, and I have not met & real-cstate dealer who did not consider the bargain a bad one. This property is within & block of the Merchants’ Exchange, the Cus- tom-House, and Post-Oflice, and the Globe-Demo- crat Building. - About four years ago,a prominent down-town confectioner moved out on Olive street, a lead- ing residence strect on which the rctail trade is struggling to obtain a footing. He purchased a- lot just west of Thirteenth street, with a front- age of 50 feet on Olive, and erected thercon a fine three-story stonc-front building, fitting up the two stores in first-class style. The lot cost ‘him 327,000 cash, the buildings $35,000,—making a total of 362,000. +On the whole he placed an incumbrance of $20,000. Last springtle lenders ‘bought in the property at a trustee’s sale for §19,000. Now both stores are vacant, and the candy man is running amodest little shop under Lis sun’s name. But those are not bad cases for St. Louls. Several years ago 2 loan of $40,000 was made on a piece of property on Walnut street, near the Southern Hotel. It was then valued at $100,000. Default was made, and the property went to the mortgagee, who is to-day lovking anxiously for somebody to take it off his hands at $20,000. THESE ARE NOT EXCEPTIONAL CASES. The several picces of property are well lo- cated in active business centres, and their record must be taken as representative of business property generally in” St. Louis. A _single statement will confirm this view. During the two or three vyears immediately preceding the panic, an Eastern insurance company placed a large number of loans in this city. It has been compelled to take in so much of the incumbered property that it has had to establish a local land azency to manage it. _The seizures by this corporation are cstimated by ie;]\din‘g dealers to amount to $2,500,000 in ue! There is no sign of touching bottom. Sales under deeds of trust arc on the increase, and that, too, among men who have held high places in financial circles, and whose credit has peen almost unlimited. Quitc 2 number of names that have becn classed among the “solid ”” ones of “solid” St. Louis now figure in the disagree- able fine-type advertiscments that betoken the sale under mortgage. To this list ma added many hundreds of S guspended " debts, as they are termed here. Most of the Joans now outstanding were made just before the panic of 1873, and, as money was n very rapid circulation and constant demand There at that_time, borrowers paid 10 per cent interest, giving scmi-annual interest notes for the jncoming interest. By special statutory epactments in this State, interest on intercst can thus be charged. By far the larger part of ttese interest notes are now held deiaulted by the lenders, and the borrowers are carrying in- terest on the principal and compounding it on the interest. This DEVIL-FISI SORT OF INCUMBRANCE 15 fastened upon a vast amount of property, most of which is unimproved, and much of which lies immediately west and northwest of the city limits. Of the latter class of property I will have more to say further on. 1t is a popular idea in St. Louis that Chicago has about a dozen magnificent hotel ces closed and in possession” of the Sheri St. Louis has very few fine hotels, and they are nearer the Sheriff’s hands than any that I know of in Chicago. Hotel property here, limited as it is, does mot pay. The Southern has just changed hauds, after bankrupting its old pro- rictors. A New York firm is now running it. 'he Everett, which has a frontage of 75 fect on Fourth street, just north of Olive, in the heart of the most valuable real estate in St. Louis, was offered on the market under administra- tor’s sule two years ago. It was well adver- tised, and, although there is no more avail- able property in the city, the best offer fell considerably lower than $100,000, and the Court peremptorily refused to confirm the sale. Othgr filurxs“wcre ml-.:dc to dlsposcc;f the ‘property, but it still goes begging a purchaser. Notwithstanding this record, property all along this square is popularly quot at §2.500 per {ront foot. The new Lindell could not raise its head until the ctizens of St. Louis donated $150,000 as 2 bonus to the projectors. Even this effort was insufficient to secure the restora- tion of the old building. The old Lindell, which was destroyed by fllef occupied the cntire ‘Washington avenue front of the square between Sixth and Scventh strects, and cost & mill- jon and a half. The restored structure occu- les half the frontage, and cost about one- Bd.{ this sum. Nothing could do ter vio- Ience to Chicago building orthodoxy than to re- construct. onur.fils system of reduction in size and cost, but I have never heard that the pro- prictors of the Lindell felt cramped for room. The Latlede, the remaining Iarge hotel, has experieuced a change of management during the past year. ut once & month & St. Louis newkpaper gnnounces under groat head lines that THE PROJECTED PAGE AVENUE HOTEL b &n assured certainty, and that work on it will begin at once. The pn{;era take up the matter each in turn, so that the grand enterprise gets an airing just about once a mcnfl:‘mm%msc. Louis gets a compliment from 5S. throughout the country with correspond- ing quency and regularity. The struct- ure is to cost $2,000 and ac- 3 commodate any number of guests. The site spoken of isat the extremewestern limits of the citv, and is now occupied by German cabbage- gardens,—a most improbablelocationforahotel. ¥ have taken the trouble to sift this much-ad- vertised project, and find that there is nothing in it but the thinnest kind of talk. The men who have been named in connection with it say that they have not Igivcn the matter even seri- ous consideration. It is pretty safe to say that the Palmer and Grand Pacific will both be du- licated in Chicago before the Page Avenue otel will be buift in St. Louis. CHANGES OF BUSINESS CENTRES. | Owners of St. Louis business property have suffered terribly from changes of business cen- tres,—an experience from which Chicago owners have been wholly exempt. In Chicago there changes have developed property in the new locations, and increased its value enormously, while the abandoned localities have been occu- pied in some other way immediately, and have thus held their own. Thus, Field, Leiter & Co., Farwell & Co., Henderson & Co., with other leading houscs, established a great centre for thewholesale dry-zoods and boot-und-shoetrades in a section that was almost valucless five ycars f}g"’ yet no scction suffered by their removal. he wagon-and-carriage trade, represented by about a dozen heavy firms, has recently become centered on Wabash avenue; yet mno sec- tion is apparently the loser. The produce- commission business, which, up to two ycars ago, was confined to South Water street, has overflowed into Market street, and branched out. on Jackson street balf a nile away, yet South Water street has not suffered. It is natural to explain this by attributing it fo the great in- crease of business; but St. Louis has bad a con- trary experience, and her business has increased enormously both in volume and the number of firms ungaged. The five strects east of Fourth—Third, Main, Second, Commercisl, and; the Levee— were for many - years the great’ whole: sale streets the city, and ° contin- ued so until a few years ago. Fourth street was the great retail” thoroughfare, while all east of that was huilt up solid, and devoted to heavy merchandising. The levee, in old times the busiest thoroughfare in the city, is now given over to mock-auction shops and sail- ors? boarding-houses, and THE PROPERTY 13 ABSOLUTELY UNSALABLE. The other streets named have suffered terribly. Rents range from one-fourth to one-third of what they used to be; many buildings are vacant, while many others have tei- ants on the floor omy. The grand structure of the Merchants’ Exchange, in which the Democratic Nativnal Conventivi was held, was located on Third street in the hope that it would arrest the decling in proper- ty in this viciuity. 1t Las failed utterly to ac- complish any such end. The Exchange has a frontage of an entire block on Third street. The vpposite side of the streetis occupied by sub- stantial buildings almost tenantless except on the ground fluor where there are small lager beer saloons aud other cheap establishmeuts. There is not an important business house on the entire front. This entire scction cast of Fourth street, and extending about half-a-mile up and down the river, comprising an area about three times as great as that of South Water and East Lake streets in Chicago, has suffered & decline which cannot be estimated, because the property cannot be sold at any price. One cause of this decline was THE DECREASE IN THE RIVER TRADE; - another was the general removal of wholesale houses to Fifth street and hington ayenue. The destruction of values in this scction of which I have been writin, so long the cream of the business property in St. Louis, has beena severe blow tu many of the old property-owners of the city. Ten years ago this property bhad a ready ¢ale at littie less than §1,000 per foot; now it is offered in vain at from $100 to 3300 per foot. And worse than all, the deuline’ 18 hopeless. There is scarcely any chance of areaction for a generation. The property is ou a steep incline running from Fourth strect to the river, and is undesirable in every respect save proximity to the river. This consideration is not important in these days of railroading; hence all this property must remain depressct for many years until happily some new develop- ment or freak of trade shall bring it azain into activity. ‘It may be for years; it may be for- ever.” South of Walnut street there have been lo- cated a number of wareliouses and packing es- tablishments, not enough to develop the proo- erty in_the direction of that kind of business, but quite enough to destroy its value for any other purpot Still south, crossing below Chouteau avenue_and the new Union Depot—if an open train-yard may be so called—property is far below the prices of ten years ago. Business and residence sections have suflered alike. THE MOST VALUABLE PROPERTY in the clty is within the limits bounded on the east by Third strect, on the south by Pine, on the west by Sixth, and on the north by Wash- ington avenue. Of this, the property on Fourth and Fifth, and on Olive between those streets, is the choivest. The best- paying ’ympert_\' in the city is said - to be Pratt’s building, known as Insurance Ex- change, on the southeast corner of Fifth and Olive. Itis valuedat $3,000 per front foot. ‘Washington avenue and Fifth street are mag- nificent. They are nearly, if not quite, as fine as any strects in Chicago. Real cstate all over the city has suffered ter- ribly since the panic. The shrinkage has been about 33} per cent. This does not refer to the old business section, where the shrinkage has been greater. The greatest decline has been since January of this year. The squeezeis growing tighter as time goes on, and there is no prospect oI relief that can be counted on. The symbol “ To Rent,” used to be seonsider- edalmost a Chicago institution two or three vears ago. It belongs to St. Louis now. There are as many “To Kent! cards displayed on business houses and oflices here now as there were in Chicago three years ago, and about ten times as many residences. The number of offices to rent is amazing. I asked the cause of it, and was told that the publication of REAVIS' “ FUTURE GREAT CITY,” and the splendid success of the St. Louis Fairs of 1871 and 1872, produced an almost in- describaable sensation throughout the Southern States, and led to a general stampede of young professional men from all sections of the South to St. Louis, where they expected to find plenty of business and fortunes easy to make. This influx of law- yers, doctors, and the like, creatcd a demand 1or oflices, which was soon supplied abundantly. The large majority of these young men soon discovered their mistake, and” have been drift- ing away as rapidly as they could command the ‘wherewithal to drift, thus leaving hundreds of offices empty and dreary. There is no demand for business-houses. The fine building occupied by the Globe before the purchase of the JDemocrat has been almost tenantless ever since. Several banks have re- moved into the Merchants’ Excharge Building, and their old apartments are vacant. Idrove out the other day with a friend who wanted to rent a house, and, as we had a long list to choose from, I had a favorable op- portunity to notice the number of residences * To Rent.” I think I am well within bounds when I say that there are twice as many as there bave been in Chicago at any time, except on May 1, since the fire. In twenty-six blocks on Olive strect there were seventy-five resi- dences **To Rent.”” On other streets, in first- class localities, in two instances there were ‘WHOLE BLOCES “‘TO RENT.” Everywhere the symbol greeted the eye. The agents say their lists were never so full as now. 8t. Louis secms to lack the capacity to spread outand cover both extremities. Newly-built houses are occupfed and the older ones left va- cant. It is said that more houses have gone up during the past three i)s'cars than during any five years previously. It is estimated that there are about 300 now in the course of construction. The fact that nesw houscs are occupied only to leave older ones vacant indicates that the increase of population does not keep pace with the building. The Irishman in pulling the blanket over his shoulders did not cover himself more complete- Iy; he merely left his feet bare. The residences now going up are generally handsome stone-fronts, with cellars iustead of the English basement so universal in Chicago, and are almost always capped with the odious Mansard. The abscnce of the English basement is quickly noticed by a stranger from the North, ‘who naturally wonders why this admirable style is not adopted in the new liouses now going up. Instcad of the pleasant” basement dining- room in the front of- the housc they here build an L on the rear of the house, so that the dining-room is & dmgy. unattractive room look- ing out upon a forbidding area or court, visited never by the summer breeze and seldom by the sun, but always pervaded by moldy smells. ‘This clinging to the old Southern style of build- ing is caused by the prejudice of Southern servants inst going up and down stairs. Housekecpers here depend-upon their servants more than they do further north, and are even more at their mercy. Conscquently, as the eervants say they will not submit to a basement dining-room, the people who build houses are forced to continue the ancient style of a BACK-YARD DINING-ROOM. The Mansard is in its glory here; St. Louisis its empire. Nine-tenths of the newer residences are adorned with this architectural abomination. Ido not wonder that it has not been discarded here, for 8t. Louis {8 not given to change, but I l‘io wonder how it ever happened to be zdopted. As it s, its beauty, utility, and comfort, are never questioned. ’I’lmy probably never will be; the last Mansard erected in America will be in St. Louis, and that will be_scveral gencrations after it hus been repudiated everywhere elsc. Agents anticipate a further decline in resi- dence property. The pressufe has been felt more during tie last six months than_ever be- fore. One prominent dealwr estimated the de- cline at 20 per cent since last January, It is al- most impossible to rent houses for which more than $50 a month is demaunded. Very few people are removing to the city, and all who are here areeconomizing. But higzh-priced property has not suffered alone. The greatest decline in any one section is in that part of the city known as Carondelet. Here arc located the great iron foundries upon which so much of the prosperity of St. Louis depends. And all aoout the vielnity ure tenement-houses orected for the accommodation of the employes. The foun- dries are still, silent, and deserted, and the busy ponulace has seattered in all directions secking employment, leaving hundreds of buildings tenantless. It was thought that the improvement of small parks in different parts of the city would have the cffect to arrest THE DECLINE IN RESIDENCE-PROPERTY in their neighborhood, but there has been no such result. The general belief now is that the parks have had scarcely any influence, and the speculators who made exténsive improvements hoping to profit by the opening of the parks have succeeded only in locking up their money in very handsome but tenanticss houses. Oue circumstance bas given a touch of good fortune to some owners. The eity now owns several large markets which are the headquar- ters of the huckster-traflie. It is proposed to abandon these concerns and sell the property. This contemplated movement has stimulated the building of corner stores to accommodate the hucksters, and'this is about the only glim- mer of good luck that has been vouchsafed to St. Louis property-owners for nearly three years. Oue unfortunate circumstance connected with a valuable section of business property should not be overlooked. The tunnel tarough which all the trains pass from the bridge to the Union depot runs along Washington avenue under the ‘middle of the street, and oetween two rows of the tinest business buildings in the city, the Lindell Hotel included. TUE SIOCK OF PASSING TRAINS 2 is so great that the heavy walls of these build- ings ure jarred until thé¢ windows up to the sixth story rattle alarmingly. The Lottom of the tunnel is, in many places, lower than the foundations of adjacent buildings, which accounts for the effect referred to. The entire side wall of a_large building on the line of the tunnel fell down during the building of that great wark, and the apprehe slon is generally ‘entertained that the constant Jjarring to which all these buildings are subjected will cause the walls to crumble and fall. This cireumstance has aifected the value of property on Washington avenue very materially. The system of developing suburban property which has resulted in surrounding Cluua\g(; “'m: almost clusters of beautiful villages s wholly unknown here. St. Louis has only “two or threc suburbs, and little s been done to develop them. There bas been considerable effort in thus direction, but without effect. Two magniticent parks have been opened, strect-car lines have been extended, a narrow-gauge road has been built, all witha view to bringing suburban pmpl.'rlf into de- mand. The land is favorable. 1t is high, lealthy, and convenient. Its natural attractions are not equaled by any about Chicago, but the villages are not. “There have been extensive AUCTION SALES OF SUBURBAN TRACTS, additions and subdivisions during the past three years, but, in the absence of properly systema- tized efforts for developing the property, a very large portion of the lots have gone to small purchasers, who bought on ~ long _tine and who have been unable to improve. -Build- ings have been put up here and there, wherever accident or cheapness of the property may have led the purchasers, without regard to symmetry or compactness. Instead of villages, there are scattered dwellings, of every style, stragaled along over many square miles of tie beautiful high, rolling land to the west and northwest of tiie city. Most of this property is heavily in-" cumbered under the “suspended” debts re- ferred to before. As the projects for develop- ing this rezion are still considered hopelul, tie lenders ar¢ not inclined to foreclose. So long as money is not in demand, and there re- mains a prospect that the land il increase in value, the mortgagee will content himeclf with his compound inter- est. The time, however, cannot oe extended much longer, or the borrower will insist upon giving up the land and canceling the obligation. £ the prospect for the improvement of land adjacent to Korest and O'Fallon Parks does not approach realization before next spring, o great part of it will change hands in a very disairee- sble fashion. Strenuous cfforts were made to put this property on the market last spring. It was divided into 25 and 50 foot lots, and put up at auction, but without success. ’f‘al{u, 1or in- stance, the land lying between St. Charles Rouk road and National-Bridge plani-road, two of the most traveled thoroughrares leading out of St. Louis. The land is the finest in the county. It Is assessed and taxed at from 31,100 to $1,200 peracre. It is generally incumbered tothe extent of at least $600 per acre. The best result of repeated attempts to sell by the single lot of 25 1eet has been less than §1,600 per acre. When it i3 understood that these gales are made on very long time at 6 per cent interest, while the owners arc paying 10 per cent compounded, the unhealthiness is ap- parent. H. . HONORE IN ST. LOUIS. If this very clear exposition of the status of St. Louis property could have been made three years ago, THE TRIBUNE might have saved a party of Chlcnfompitalistsngrcntdealot money, and preventeda greatdeal of ‘embarrassment aud chagrin on thefr part. Mr. H. H. Honore could tell you all about it, but, as he probably will noz,i will. In 1872, the Legislature of Mis- souri passed an act manifestly In the interest of a gelect ring of real-estate owners hereabouts, by which the City of St. Louis was authorized t0 purchase a very large tract of land running along King’s highway, 4 miles out, and open and iinprove a park. After much wrangling in the Courts this was done. A few knowing ones who held property in this vicinity had the news carried to Chicago and whispered in the ears of certain Chicago speculators, who took the bait at once, and bought about 50 acres Iying near the projected park, at the rate of 3300 per acre. Had the park been neara city that understood the art of expansion as Chicago understands_it, the price would have beena bagatelle. But St. Louis is_not that sort of a town. There cameno rush for fine residence lots; the property never came into demand; the park tax went up to a figurc never reached by anything but a park tax; expensive lawsuits blocked the way of the projected boulevards, and to-day the property can be had for one-half ‘what the innocent Chicagoan paid the bad men of St. Louis, three years ago. To one that has ‘examined the matter care- fully, the fact that in *“solid* St. Louis real estate has suffered more since the pauic than in speculative Chicago is not astonishing. IT 18 EASILY EXPLAINED, \ and isdue to the fact that there is no real-estate market here as there i in Chicago. Real estate in Chicago is & commodity which is bought and sold like wheat. Thereis always a market for it. It may be higher atone time, or lower at another; so is wheat. But there is no time when it is not marketable. ~There are always plenty of buyers looking for bargains, and offérs are al- ways ready. The many periods of successful speculation which Chicago has experienced have led to the establishment of a constant market, the advantage of which can scarcely be caleu- lated, except by comparison with other cities. This ' advartage clearly apparent when the condition of St. Louis real estate is considered. Here there has never been any wild speculation to send prices up to an un- reasonable figure. The trading here has always been legitimate and conservative. Prices have never approached the Chicago limit. The ad- vauce has becn s0 slow and gradual that one ‘would naturally expeet it to be **sotid.” Then, 8t. Louis has never had to sustain the burden of a great fire or other calamity. NO ‘“ACT OF GOD” ever drove her to the necessity of borrowing $830,000,000 to replace property swept away in i single day. There was every reason to c¢xpect that she should stand the strain of “hard times,” and sustain hersclf far better than Chicago. That, she has not done so; that the value of her property has not been main- tained as well as that of Chicago, I think I have shown. The philosophy of Chicago’s success in so nearly sustaining her ante-papic valuations of real estate is due, I think, in a very large degrce, to the system of trading to which I have alluded, by which a market is always maintained. It has been a food while since any onc has said a kind word for the speculators like H. H. Honore and Sam Walker, who labor to “kecp things going.” A tribute to them may be cvolved from this paragraph, and I think they deserve it. REAL-ESTATE AGENCIES, There arcabout 125 real-cstatc and house- renting agencies here. Each agent has to pa; a city license of §100 per _year. they do any auction business the to pay 5300‘ to the city an $350 to the county. No other business is taxed with such utter disregard of justice. They depend more upon their collections for rents than on commissions on sales. It is growing more to he the custom for owners to give to agents the ex- clusive charge of their property. This gives the agents s chance to turn an honest penny in discounting bills for repairs, etc., and the plan seems to be satisfactory toall parties concerned. The annexed paragraph irom yesterdsy’s Globe-Democrat refers to a gentleman well known in real estate circlesall over the country: A THIRD OF A CENTURY. The forniture and fixtnres of the real-estate house of H. W. Leflingweil, on Chestnut street, were sold at uiction yesterday, and the business clased. Thirty-three years ago Mr. Lefiingwell, at present United States Marsha). opened the first real- estate office established in the city, in the basement, of the Planters' House, on Fourth street, and con- tinued the business withont interruption until yes- terdny, A vast deal of the property of the city passed through his hands, hat only & small portion “vstuck to his fingers.” e way_the originator of Grand avente and other thoronghfarcs, the father of Kirkwood. and the grandfather of Forest Park. The next reul-cstate house was thatof Belt & Prieat; then came Willlams, Dolman & Hepbnrn, sncceeded by J. H. Obear, and now there are over 200 in various parts of thecity. ‘The Gray Eagle retires to his eyrie in the top story of the Custom- Honse, and looks complacently down upon the fledglings that have grown up under his wings. Lively and vigorous as a hoy of 20, he rests from his labors, and expects to live many years to enjoy his otium cum dignitate. BOSWELL. THE CHICAGO MARKET. SOME CASH OFFERS THAT WERE NOT ACCEPTED. . The sales that were not made last week in the real-estate market will throw as much light on its situation as the usual weekly review of those that were consummated. As we said in our article of last Sunday, there is a large amount of “foreign” cash capital in the city sceking investment. From some of the numerous in- stances that might be given of the offers this capital has made for Chicago property we give the following: For the Quinlan Block, on the corner of Clark strcet and the alley, 44 by 150 feet, $140,000 cash was offered and refused; the price asked was $150,000. For the Dearborn Block, 50 by 40 on Dear- born street, and 40 by 60 on Madison street, the building occupylug an L-shaped lot, $120,000 cash was offered. The offer was not accepted, the owner holding to his figure, $180,000. For the building on Dearborn street, adjoin- ing the northeast corner of Mudison and Dear- born street, 24 by 80 fect, $45,000 cash was of- fered, and refused because it was not $50,000. For an undivided third of the Huale Block, at the southeast corner of Washington and State streets, 100x90 feet,$100,000 cash was offered and refused. 3 These facts show already the state of the mar- ket for improved real estate in the business part of thecity. It is in demand. Capital is in search of such investments, but holders and buyers are not so near that they can come to- gether. To explain the situation of capital. it is only necessary to mention that of $500,000 which is secking investment here, $250,000 i3 now making no-intercst and the other half is getling only 2 ver cent per annum. When idle capital accumnulates so that it draws no interest,- or only 2 per cent, it is evidently time for its possessor to seck some investment. Al over the country capital is beginning to grow restless at the want of employment for it. It will, it is safe to say, prefer real-estate investments to most others, us the former are steadier and safer, and therefore it is reasonable to pect that.our improved business property has about reached the hardpan of prices. THE PRINCIPAL SALES OF THE WEEK were as follows: Henry L. Till sold 119 feet on Calumet avenue north of Tiwentieth street, fog Fernando Jones to Judge John D. Caton, for §25,000—all cash. West Chicago Land Company sold two lots on Par‘k avenue, near Forty-sccond strect, at $850 each. Davison & Welch sold 47x100 feet on Grow atreet, near Fifteenth, for $2,200, and 23 feet on sluu)dluun avenue, near Thirtieth strect, for $2,500. C. C. Lay sold house and lot on Park avenue, 40 feet cast of Leavitt street, for §10, 000. W. M. Brown sold house and two lots on Lake avenue, south of Thirty-1ifth street, for $16,000. Joseph 1. Leonard purchesed 70x100 fect on the northeast corner of Michigan and Market streets, for $25,000. W B. Shute sold honse and lot on South Park avenne, north of Thirty-seventh strect, for $10,000. J. F. Iecaney sold 50x30 fect on Harrison street, west of Canal street, and 45 acres in the northwest %{ of the west % of 13 14, for $22.000. Jumes Fitzgerald sold 50x118 fect on De Puyster street, west of Deeplaines street, with building, for $13,000. ‘The Chicago Land Company sold to the Mer- chaunts’ Savings, Loun & Trust Company 383x240 feet on the northwest corner of Hawthorn avenue and Rees street, running back to Canal street, for 7,450: AUCTION SALES. The auction sale of boulevard property was a failure as regards the prices obtaine ‘o those unfamiliar with the wmatter, it is only fair to explain that the property was incumbered, and the sale equivalent toa forced sale. The ex- eriment of dlsg‘usin of real estate in this mar- et by auction has often been tried, and never succeeded. Messrs. W. A. Butters & Co. sold at auction on Monday morning, at their salesrooms, two lots, Nos. 67 and 63, east front on South Park Boulevard, between Thirty-seventh and Thirty- cighth streets, at $1,950 each, to Mr. W. H. Metzger; four lots, Nos. 63, 64, 65, aud 66, ad- Jjoining above, at $1,875 each, to Mr. J. N. Gage; two lots, Nos, 61 and 62, same front, at §1,775 each, to Mr. J. II. Thompson; six lots on For- rest avenue, (west front)between Thirty-seventh and Thirty-vighth streets, at $875 each, to Mr. 8. Gage; also, a fine. d\vcfllnz and lot (100 feet front,) on Svuth Park Boulevard, corner Thirty- cighti strect, for $17,250. SATURDAY’S TRANSFERS. The following instruments were filed for record Saturday, July 29: CITY PROPERTY. Ogden av, n w cor of Taylor st, Lots 37 and_ 48, dated March 1.... 3 7 Ogden av, 208 ft n of Twi 50x74x54 ft, dated July 24 Tlét"’premlscs No. 38 Finnell of i st, ¢ f, 24x123 11, duted July 26. Tnion Park place, 8 w cor of Carroil st, ¢ 1, 217-10<100 £, with otherproperty, dated Yest Monrod &t n_e cor of Spauidingav, X193 ft, with other property, dated 10,009 July or sese. eeeeee 5,000 North Wells st, 147 ft s of Engenie st, w f, 30x227 3-10 1t, dated July . 3,000 Ontario st, bet North State and Dearborn, n f, 21%x100 ft, with building, dated JULY 15+ e nnaeaer 7,500 West Tiwelfth e, 180 Tt w of Jefferson, 20x173 {t with buildings, dated July 27. 3,500 West Monroe st, 18133 ft w of Ionore, & f, undivided % of 18x80 ft, dated May 27.. 3,800 West Van Buren st, e of and near_Sacra- mento st, 8 f, 934X125 ft, dated July 21 3,000 NORTH OF CITY LIMITS, WITHIN A RADIUS OF SEVEN MILES OF TUE COUNT-HOUSE. Southportav, n e cor of Diversy st, 271- 100 acres, dated July 26, $ 7,000 SOUTH OF CITY LIMITS, WITIIN P BEVEN T MILES OF THE COUBT-HOUSE. Léts 38 and 37, Block 2, of 8% of ne i Sec. 4, 38, 14, dated July 27............3 2,200 SUMMARY OF TRANSFERS FOR THE WEEK. The following is the total amount of city and suburban transiers within a radius of 7 miles of the Court-House, filed for record during the week ending Saturday, July 29: City sales, 77: consideration, $395,9105 xorth of city limits, sales, 2; consideration, $13,000; south of city limits, sales, 6; consideration, 318,750 Total sales, 85; total consideration, $427,660. THE LOAN MARKET. The past week has been very uneventful. Nu- merous small loans have been negotiated at the usual rates, but there has been a marked falling off in loans of $10,000 and upwards. The demand is fair, but securities are subject to a severc scrutiny. The opinions of owners and loan agents are wide apart a8 to the value of pmpcr:j', and hence many n])romising negotia- tions fall through. The only important Joans were: One hundred feet east front on Indiana avenue, southwest corner of Twenty-first street, $32,000 five years at 734 per cent. Sixty by 151 feet on West_Washington street, between Des- laines and Union streets, $10,000 five years at § per cent. COMPARATIVE STATENENT FOR THE WEEK ENDING JULY 28, 1876. 1875. Instruments———— —— —— No. | C'siderat’n|| No. | C T Trust-decds| 174'$ 325,138/ 214'S 606, Mortgages.. 2 37,020 20 127,687 Aggregate..| 2015 302,168|| 2435 733,900 Releases ... b i | T B oo sinicaise COMPARATIVE STATEMENT FROX JULY 1 T0 JULY 20. 1876. 1875. Csiderat’n Insiruments il | .Nfl. Iv'fldernl‘u Aggregate..| 821/51,990,481(| 1,136/, 803, 33¢ Releases ...| 884].ceseereens| 1,088).u... ... NEW SUBDIVISIONS. Tll‘\e following were filed for record the past week: (1.) Subdivision of Lot 8, Block 1, of Saltenstall ?!?d Russell’s Subdivision of part of the s.¢. & Sec. } Plot of Commissioners' subdivigion of Lot 9, Block 24, Canal Trustces' Subdivision south {fraction Sec. 29, 39, 14. - Jewelry. Jennte June in the Graphic. The rage for massive gold jewelry which ex- isted some time ago, and which revived the heavy chains and broad band-bracelets, has, we are glad 1o say, entirely disappeared. Bracelets, icularly, excepting in the light porte bon- eur forms, scemed tohave become obselete, | and we heartily wish such abominable evidences of former barbarianism and ~ scrvitude could nmever again be reinstated. Ar- tistically they ‘are an incongurity s'lm}:ly disfiguring _and _spoiling _the shape of a round, well-formed arm, and only sharpening the defects of an ill-formed one. Nothing in gold just now is fashionable, however; all Jewelry is “artistic.”” The value depends upon the rarity not the richness of the material, and the work that is put_upon it. Foreign woods and choice engraved stones are much sought after, and the latest ornaments are of cnameled gorcclnin put on velvet and worn in the form of log-collars, with pendents, like the Genoese silver, for which there is also a great demand. e e ot T i FALSEHOOD VERSUS TRUTH. Haet ever hieard of artist—famed in story For wondrous power, and, too, for vain Self-glory— Who, with his pencil and most marvelous skill, Life gave to canvas, nor died he now untll, Finished the portrait, he it then would view; His jniy 80 great, he bade the world adien? Let alf who drink of the Pierian fount Heed lesson well, nor venture yet to mount On swift-winged Pegusus without rein or checl; For highest tlights prove oft the areatest wreck. Truth ne'er misleads, nor climbsa dungerons steep; And yet 'tis true she's never seen to creep, Nor cringe, nor crawl, nor play a double part, Nor use a silken tongue with deadly-poisoned dart. Alone and unaffrighted, she may safe rely On Highest Power. and all her focs defy. Falschood’s a coward, who only seeka to kill By foulest means, and, with his wicked will, He'd check free thousht, and play the tyrant etill, His schemes once folied, he calls aloud for ald; Lo! at his side appears o Siren-maid; In such disguise he sces lovely Muée, Who feigns to guide, but with intent to lose; . So, lhr‘\:ugh dense fogs and clouds, her way doth chovse. All Nature weens to hear her doleful song, And hills and rocks the harsher notes prolong. Louder and shriller zrows the Siren’s cry, Darker and denser clouds about them lic. ‘At length they reach tlie eagle's lofty height; YVision now clear, the Siren takes her fight. Onr Poct earns his Muse was but a Lird of Prey, And scream: of eagle all his sweetest lny. Agnin he calls; no aid doth now appear; He's doomed to fall, or pass his life in fear, Cuitcaco, July 10, 3 THE ELEVENTH ANNUAL PICNIC AND GAMES OF THE CHICAGO CALEDONIAN (LUB WILL BE HELD AT CALEDONIA PARK ON THURSDAY, AUG. [0, When prizes will be competed for amounting to about $400. Several of the most distinguished athletes will ke part in the games. TICKETS—Adults, $1; children, 50 cents; may be had of the officers of the Club or at the train: Cars leave corner Halsted and Carroll-sts. at 8 and 10:90 a. .. ond 12:30 p. m. Returning, leave the Park at 5:30 and 7:30 p.m. WILLIAM JAMES, Chief. UUGH CAMPBELL, 3d Chieftain. COLISEUM. MOXNDAY July 31, and entire weck, first week of REL MUEB, the Fire King; Star Sisters, Salart and Zanzar; The Melville in the farce entitled LOVE, LOYALTY, AND MYSTERY. Al the old favorites retained. Continued Success of **Our Musical Party.” Everyevening at 8, and Sunday Afternoon at 8. Admission a3 usual. EXTRA ANNOUNCEMENT. Friduy Afternoon and Evening, Aug. 4, Grand TESTIMONIAL BENEFIT, Tendered to Messrs, Tlamlin Bros.. by the Per- formers and attaches of the Coliseum, and the Profession generally. One Handred Volunteers in an unequaled programme. Rescrved Seats now ready ut Box Oilice, and at principul hotels. ADELPHil THEATRE, THIS (SUNDAY) EVENING, and first LADIES NIGHT, fiecond appearance of the moat complete and amus- Ing Varicty Company ever constituted in Chicago, ‘The great success of the opening night, attested by the unanimous pablic approval, of an album en- tertainment, comprising gems of charscter, melo- dy and mirth. Bright Contrasts, Rapld Changes, No Walts. An entertainment from the rige to the fall of the curtain, embracing the most successful hits in fun, fancy, and sentiment ever presented to the public, HOOLEY’S THEATRE. MAGUIRE & HAVERLY. WILL E. CHAPMAN. . One Week Only, conmencing Monday, July 31, TONY PASTOK'S TROUPE, with the following combination of Specialty Artists: Gus Williams, Tarry Kernell, Tho Big Four—Lester, Allen, Smith, and Waldron,—Lurline, Wateon the Man-Fish, Jennie Morgan, Marie Whittingham, Master New. man, John and Mageie Fielding, Crossley and El- der,’ Karl Lind, Baby Bindley, Chas. Worley, Frank Girard, and Tony Pastor. Aug. 7—JOHN DILLON AND COMPANTY. .Lessces, .. Manager. AUCTION SALES. By G. P. GORE & CO,, 63 and 70 Wabash-av. 523 North Dearborn-st., near cor. Schiller. On Tuesday, Aung. 1, at 10 o’clock, elegant Honsehold Furniture—Pinsh Parlor Set made in Paris, cost $250: Chamber Sets, Bedsteads, Bu- Teau, Lounges, Easy Chuirs, Rockers, Centre Ta- bles, Drop Lights, elezant Library Desk, Draper- ies, French Clock, Enzlish Brussels Carpets, Bed- ding, China and Glassware, a fine Range, Nickel Silver Gas Fixtures. All the furniture was made to order. G. P. GORE & CO., Auctr's. Boots, Shoas & Slipmers AT AUCTION, On Wednesday, Aug. 2,at 9 2-2 a.m. Some early shipments of very dewirable lines of Fall Goods will be otfered, to which we call buyers’ attention. GEO.'P. GORE & CO., 68 & 70 Wabash-av. 68 & 70 Wabash-av. GEO. P. GORE & €90, Auctioneers. SALES OF BOOTS AND SHOES, Wednesday, Angz. 2. FURNITURE AND CROCKERY, Saturday, Aug. 5. On Saturday, Aug. 5, at 9 o’clock, Twenty crates W. G. Crockery in open lots, Yel- low and Rockingham Ware, Honsehold Furnitare. We are closing out several consignments ut any price. Look for barg Parlor and Chamber Sets In every style, Book Cascs, Wardrobes, Side- boards, Marble and Wood-Top Tables, Ensy Chairs, Lounyes, Sofas, Meat Safes, Walnat Chairs'and Rockers, Bedsteads, Bureaus, Springs, Mattresses, Parlor and Oflice Desks, Show Cases. Carpets, an clegant Uil Painting, cost $200, with- out resoeve. At 11 o'clock—Buggies and Mar- nesses. G. P. GORE & CO., Auctioneers. POSTPONEMENT. We shall hold no éale of Dry Goods on Tuceday, Aug. 1. Ournext Regular Sale will be on Tuea: day, Ang. 8. at9% a. m. GEO. P. GORE & CO., Auctioncers, €8 and 70 Wabash-av. By ELISON, POMEROY & CO., Auctioneers, 84 and 86 Randolph-st. ENABE PIANO, PARLOR SUITS, CARPETS, &c. At Residence 840 WEST MONROE-ST., Trcs- day Morning, Aug. 1, at 10 o'clock, the entire ont- it for housckeeping, Parior. Chamber and Dining- room Furniture, Brasscls and Wool Carpets, Beds, Bedding, Crockery and (lasswure, Stoves, &c. Also, one splendid Knabe Piano. 4 ELISON. POMEROY & CO., Auctioneers. FRIDAY MORNING, Aug. 4, at 9} o'clock, REGULAR WEERLY ATCTION SALE NEW AND SECOND-HAND FURNITURE, And General louseheld Goods. A full line new and used CARPETS, Office and Li- brary Desks, Lounges, Sofas, Mattresses, Bureaus, PIANO. General Merchandise, &c., &c. Buyers, always the largest stocks at our rooms. ELISON, POMEROY & Co., 84 and 86 Randolph-st. By WM. A, BUTTERS & CO., Auactioneers, 118and 120 Wabash-av. 8 BUGGIES AND PHAETONS, GLASS SIDE CASES FOR STORE, 2 PLATFORM SCALES, 3,000 LBS. FINE WHITE LE. Wednesday Morning, Aug. 2, at our Szlesooms, 118 and 120 Wabas] WAL A. BUTTERS & CO.. Aucti ers. BUTTELS & C0.’S REGULAR TRADE SALE THURSDAY MORNING, Aug. 3, at 9:30 o'clock, at their Auction Rooms, 118 and 120 Wabash-av. , STAPLE & FANCY DRY GOODS, Clothing, Cassimerss, Furnishing Goods, Bouts, Shes, &L BUTTERS & C0.S SATGRDAY SALE. SATURDAY MORNING, Aug. 3, at 0:30, at Salesrooms, 118 and 120 Wabagh-av.. FURNITURE, PIANOS. CARPETS, ETC., ETC. o'clock, at I RAILROAD TIME TABLE, Erplanation of Reference Sarks.—t Sat, cepted. ®Sunday excepted. . 3 eiay ex. Five Sundoy sU8 . e DAy, 0¥ execpted. | 55 CHICAGO & NORTHWESTERN Ticket Offices, 62 Clark-st. (Sherman Houe) po, Canal-strect., corner Madison-et., and at the 40073 aPacific Fast Line... abubuque Day Ex. via Giinton aDubugue Night Ex. viaCl'ton aOmaha Night Express # aFreeport & Dubuiue Expro gk recport & Dubaque Express bMilwaukee Fast Mall (daily) oMilwau! Biilwauks SEPPFPERRpRRPIF P FEREEEPEEBFBREREE ‘a—Depot corner of Wells and Kinzf 8 Depot corner of Canal and Kinsieae Kinzfe-sts,’ MICHIGAN CENTRAL RATLR Depat, iout of Lake:st. aud 1wt of T-eutyélxe"flm icket-office, Clark-st., % doSph. and 4% Dalnicr Hogse. o theast cormerof Ry B w0 m: [+ G0 B t Saturday Ex. * Sunday Ex. # Monday Ex. § Dalys CEI0AGO, ALTON & ST LOUTS s oy Um“IN)SAb h{:‘i'Y &SBEMB BHORT LINEg, , it 3 3 200-; o’ ‘Plckir Otficea: At Depots and 12 bemispririse ) |_Armire Leave. Kansas City & Denver Fast Ex. &t. Louls & Springtield Ex. St. Louls, Springiield & T Pekin and Peoris Fast Express. Peorla Day Express. Peoria, Keéokuk & Burlington. Chicago & Paducah R. R. E: Streator, Lacon, Wasii'ton E Jolet & Dwight’ Accomundat’n LAKE SHORE & MICHIGAN BOUTHERY, Leave, o FPEEPRRPD BEFREEEEE Mail, via Main Line. Sheclal B Y- Kepoal Colehour Agmmmudldun Night Express..... GHiGAgO. mwmxn“wn& 8T, PAUL Tnion Depot, corner Madison and Canal-sta. Tieg Otlice, 63 Sout kK rman Hoae Otlce, 63 South Clark-st., opposite Sherman My Milwaukee Express. ‘Wisconsin & i Day Express. o Wisconsip, Yowa, and ‘Minne| 'Night Exprese. t9:15p. m. 1t 7:008 m, All trainsrun via Milwaukee. Tickets and Minneapolls are ond elthor ¥1a Madisor aud Fray du Chien, of viaWatertown, La Crosss, st i Depot, foot of Lom JLROAD, epot, fout v AKe-sl. aid 100t uf LI'we 3¢ P icket Oftice. 131 Kandolph-st., near Chagid ™ Leave. St. Lonfs Express 5t. Louls Fast Line .. Cairo & New Orlean: Calro Night Ex. Springteld, Peorla & Keokuk Springtield Night Express. ... Peoria and Keokuk Express. . Dubugque & Sioux City Ex. Dubuque & Stoux City E: Gllman Passenger CHICAGO, BURLINGTON & QUINCY RAILROAu, Gkt o and at depots. o Tioker Ofiees 53 Leave. Arrive, Mall and Express.... 2 Ottaws and Streator Passeng'T » 7 nofir{om. Dubuque & Sloux Pnclac Fast Line, for Omaha. Eansas L‘lz. Leavenworth, Atchison & St. Jo h E a.m. e 345 (*10:302 m. * 530}, o *10:30 8. m.|* 1:30 1:45 P, I0|* 700k o 4:20p. m{Matem. P mij&:Ssa m, . m.| 10:10a m, 0p. m.|* 7:00a m. P m. [ 6iSSa m. v Paciic Night Exp. '10: Eets, O, S, cl n & Jose] Exp.. | Downer's G{B\'C Acct?mmos'n z 2 m. 40P m. By WM. MOOREHOUSE & CO., Auctioneers, 274 and 276 East Madison-at. Liberal Cash Advances made on Consignments. Bargaizs i Furnitore and Carpets AT PRIVATE SALE. Next Regular Sale,Wednesday, Aug. 2,at10 a.m. Immense stock of goods to be closed out to pay advances and charges, consisting of 25 M. T. and Plain Chamber Sets, 20 Parlor Suits, in Hair and Rep. 50 B. W. Bedstends, all grades. 100 Mattresses, all kinds. 100 Lounges, single and double. 75 Carpets, new and uged. Alarge lot of second-hand goods of every de- scription. LAKE EXCURSIONS, SUNDATY, JULY 30, The Steamer GE). DUNBAR Will leave Madison-st. Bridee at 2 p.m. for SOUTH CHICAGO. ReturnatGp. m. EVENING EXCURSION TO SOUTH CHICAGO, Leave at 7:30. Return at 10:30. Good music in attendance. Tickets, 50 cents. PICNIC EXCURSION, TUnderanspices of United Lodges of Good Templars, TO HIGHLAND PARK, TUESDAY, Aug. 1. The Steamer George Dunbar leaves foot of Washington-st., on South Side, at 9. m. Wedgwood's Reed and String Band will furmsh music on excursion and on the grounds. Ample provision for refreshments. ~Tickets, 50 cents. _Children, 25. FHE TOLEDO, 141 East Madison-st. GRAND CONCERT THIS AFTERNOON AND EVENING, Also every night, by the World-Renowned VIENNA LADIES’ ORCHESTRA T*Ex. Sunday. {Ex. Saturday. $Ex. Monday. ERIE AND CHICAGO LINE, et e, SR G ST, Hoses, grant a = -av., o . Sot. " Lratns 16ave from Exposition Buliding . - Leave. | Arrive. Day Express—Pollman Draw-| eplng Cary, 1o ¢ withiout chanze.. Atlantic_ Express — Pullman| PalaceDrawlng-Room Sleep- 1ing Cars and Hotel Cars.. 5:08p. m.| 8:10p. m, Only line running the hotel cars to New York. FPITTSBURG. FY, WAYNE & CHICAGO RATLWAY, 8:508. m.| 8:108. By JAS. P. McNAMARA & CO., 117 Wabssh-av., N. W. cor. Madison-st. 1,000 Lots Boots, Shoes, and Slippers at Auctlon Tuesday Morning, Aug. 1, at 9% o'clock. Great Bargains. 2,500 PAIRS SANPLE SHOES, To be sold without reserve. JAS. P. McNAMARA & CO.. Auctioneers. By WM. F. BHODGES & CO. GROCERY SALE, Monday Morning, July 31, at10 o'clock, at 108 East Tyvelfth-st., near State, consisting of Canned Goods, Spices, Coffees, Tens, Sugars, Soaps, Starch, etc.. etc. ; also, Fixtures, 3 Counters, 3 sets Counter Scales, 1 Swift Coffee Mill_(cost '$50), Show Cases, Lamps, Canisters, *Sunday excepte o. #Monday excepria. - 10U BALTIMORE & OHIO RATLROAD, Tralns leaye from Exposition Building. foot of Mam Toe-st. Ticket-offices: 83 Clark-st., Palmer Homa, Grand Pacttic, and Depot (Exposition Bullding). tSaturday excepled Leave. | Amive. Accommodstio 3 * 5] Day Express. i %!; SR E Fost_Express § 5:08p. m.i® 8:10p. m. $Dally. *Dally, Sundays excepted. CHICAGO, ROCK ISLAND & PACLEIU JAD. Depot, corner of Van Buren and Sherman-st D O iies 56 Clarit st Sherman Howsn o Candy Jars, Desks, etc. Sale positive and without reserve. Look out for barguins. VM. F. HODGES & CO., Auctioneers, 662 West Lake-st. At our Warerooms, 662 West Lake-st., On Wednesday and Saturday evenings,at § o'clock, 2 large stock of Houschold Goods, Carpets, Crock~ ery, Stoves, etc., etc. WL F. ODGES & CO., Anctioneers, 662 West Lake-sat. EXPOSITION BUILDING. CRYSTAL GARDEN. GRAND SAGRED CONCERTS This Afternoon at 8 o’clock and Evening at 8. Admissio) .25 cents. W00D’S MUSEUM. Monday cvening, the great New York Ledger Story, THE GUNMAKER OF MOSCOW. Monday Matince. ZOE, THE OCTOROON GIRL. LAKE EXCURSIONS. The Stesmer GEO. DUNDAR can be chartered for Excurslons on very reasonable terms. ~ Apply on board at Madlson-at. bridge, or at 271 Madfson-st., cor. M; ket._Sundavs to South Chicago av 2 p. m. DENTISTRY. DR. M'CHESNEY'S Large and Elegant Dental Parlors, ‘The Host Papular Resort for all Dental Operations, A physician‘in office to administer gas, ether,and chloroform, with perfect safety. Go to sleep with leasant dreams and wake up with your teeth out. for the beet faull set; no better to be gotten in this city. Gold fillings one-third the usnal rates, ‘Warranted 10 years. Cor. Clark snd Randolph-sts. NoPain. Teeth,$7.50. Dr. Swengel extracts teeth absolutely without pain or danger, and Inserts the best tecth on cellulold, which {8 positively better than rubber, for-$7.50, Entire sat- isfaction guaranteed. Best nllings at greatly reduced prices. Room B, northwest cor. State and Madlson-sts. BEST WORE---LOWEST PRICE. DR. VEDDER (23 years’ experience), cor. Clark and Kinzie-sts. ~Full eets of Teeth, $6 to $5, lSmnlll‘(;x'n!rl Fillings, §1.50; Silver, 75¢; Teeth Ex- racte PROFESSIO] AND FISTULA positively cared lvg'm:gm pain or lh;:u!cxfknifc, licature, or caustic. SURE CURE OR NO PAY. With pa- tients from a distance we will contract to pay all traveling and other expenses if we fail to c’!}ecln radical %m’e. No charge for consultation or examination, DRS. MINER & PHILLIPS, 167 Madison-st., Chi And MORPHINE habit abso- lutely and speedily cured. Painfess. No publicity. DR. CARLTON, 187 Washington- st., Chicago, | SEWING MACKHINES. ‘ AVE$0.°_° B BUYTHE! fiouss AP PP s s o v ot s 2 s AMERICAN LINE. PHILADELPHIA AND LIVERPOOL. Cabin, intermediate, and stecrage passage AT LOWEST RATES. General office, 138 La Salle-st., corner Madison. J. I MILNE, Western Agent. CUNARD MAIL LINE. Sailing three timesa week to and from Brit Ports. ifl;vest}’riczs. o Y e pply at Company's ce, northwest co! Ciark and Randolpb-at3., Chicazo. Nk P. H. DU VERNET. General Western Agent. INMAN STEAMSHIP LINE, Carrying the Mails between EUROPE AND AMERICA. For passage, apply 2t Company's office, 32 §. Clark- |_Leave | Amive._ Omaha, Leavenw'th & Atch Ex;*10:00a. m. * 3:45p. 0l Peru Atcommodatlon.. : Nikht Express.... 5 05 . 2 Bison LAKE NAVIGATION. GOODRICH'S For Milwaukee, etc. dally (Sundsys excepted) 9a. m. Saturday Boat don't feave ntll oo m msy.fl- For Grand Haven, Grand Ra dally (Sundays excepted), For St. Joseph and Benton days excepted) ... MEDICAL CARDS. DR. JAMES. Lock Hospital, cor. Washington & Franklin-st. Chartered by the State of Tilinols for the express pur pose of giving lminediate relief in all cases of pri chronic, and urinary diseases In all thelr complis forms. "1t Is well known that DR. JAMES has stood st the head of the profession for the past30 years, Ageand experience are all-important. Seminal Weakness, night Josses by dreams, pimpies on the face, lost man- hood, can positively be cured. Ladles wanting the most delleate attention, call or wrife. Pleasant home for par tlents. A book for the million, Marriage Gulde, which James I3 sixty years of age. . Consultatlons always fres and invited: > Office hour & im0 b SaRdaTS 10to 128 m. Allbusiness strictiv contidential. S5 s R fi G GLIN e 3158 ' Ra Ul 3 Simed Senont of Medleino (no mereury), only Selentifis Specialist in thecits, Iongest locatel, larsest peactice In the Northwest In all Privaiey Chronic ad Shxua) Disease, of either Sex : paticnlarly lonf standing, delicate, {atricate, ohscure or of a_complicst chamcter. Those having falied 1o find relle elsewhere, parties: larly fovited to call or write: consultalion free. B Weakness and Impotency peroianently cured. m ARRI AGE ; 7 iuformation for_everybods. GUIDE, : s of the Sexval Syes; 8 overies in reproductian s ho Ay Price 30 cents. Book 64 pagef y for 2 stamps, st ofice Dr. O, NEYE Dr. Kean, NOPAY 1! 175 South Clark-st,, comer of Monroe, Chicay, May be consulted, personally or by mail, free of charge, on 8l chrenic or Bervons diseases: DIt J; KEAS Istbd only physician in the city who warrants cures or 10 pat. Office hours, 9a. m. t68 p. m. : Sundays from 9 t0 1% Coburn Medical Institute, 177 South Clark-st., Chicago. The oldest Instita- tion in the United States, chartered expressly for the cure of Private, Chronic, and Special Diseasesof both 8t., Chi ' FRANCIS C. BROWN, Gen. West. Ag't. $27~ Drafts on Great Britain and Ireland. ecxes. A staff of eminent Professors in attendance. Consultation personally or by letter free. FISCELLANEOUS. The Lazarus Hotel Co. Can afford nomadic, equestrion, or chariot exerclse and living at from 6 to 100 cents per day, and cquivalent to from 5 to 100 per centum accumnla- tions for annuities or infantile entails, and yold equivalent; cosh credits. Good for semi-invalids and despondents, Address GEX. R. K. SWIFT, Rosits, Colorado. BANKRUPTCY SALE, The Shelving, Store Fixtures, and Sat 3 ing to the bankrupt estate of Wm. Fr?cx{?l &bg‘;‘lfi at 240 East Madison-st., for sale cheap. i iy BRADFORD HANCOCK, Assignce, Room 8 Major Block, 149 Luggu,..g_, A BOOK FOR THE MILLION. MARRTAGE, 4 Erizatc Counseler to tbe Mar- ried or those about to marry,on llbg GUIDE, physousicamstercaandrereiy i lons of the sexu! latest discoverles in the sclence of reproduction, pre: serving the complexion, &c. This is an intercstlig workof 260 paes. with numerous engTavings, and con?. talas vaiuable Information for those whoar maried or contemplate marriay till 1t 13 0 book that onght L0 be under lock and key, and not left carelessly about (e house. Sent to any one (post-paid) for. X dress DR. BUTTS' DIS! \F":g gf;"l‘:’h L . S ENS.J 12 N ciecil BE Lonld alas > © e RAlT 1 Ao 7 st Chlea- DR. LYON ioiatian Privae chtonie o and Nervous Discases and Fo- male Difficulties. My celebrated French Periodical Pills, - gsrv”’i.(:‘g sgegldde fllustrated, large , ilas 50¢; with Freacription, 3100, Correspond denttal, Gall O Write, Witk 08Ty

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