Chicago Daily Tribune Newspaper, August 14, 1881, Page 16

AGO ‘TRIBUNE: SUNDAY, AUGUST 14 1881_SiIXTEEN PAGES REAL ESTATE. ‘A-Monroe Street ‘Lot Leased for Fifty. Years for . $500,000. Strong Inquiry for Acre Prop- “. erty in All Direc- i tions. ‘Sale of the Northeast Corner of Adams and Wabash—A Handsome Improvement. ‘Sale Near the New Board of Trade !-=Other Transactions of . Importance. “auction Sale This Week—New Build- ing Enterprises—Loans. A $500,000 LEASE. 5 Negotiations that. have been in progress ‘fora long time closed last week-in the exc: -eution of, what is probably the biggest lease “that has ever been made in this‘city. Mr. iJotin. Borden has: leased the lot which he purchased. within a year of Mr. George Sturges, of the Northwestern National Bank, on Monroe street, just eastof Rand, MeNally &Co., to Mr. George Taylor, of the Cleve- Jand Paper Company, for fifty years tor’ $500,000 for the whole term. The rent is to be $10,000 a year, _ «with. revaluations every ten years, but the *yentis never to be less than $10,000 a year. The Cleveland Paper Company will at once ‘begin the construction of a very fine build- ; 4ng on this lot, to be ready forthem by Jan. 1. Its cost will be $100,000, Messrs. Treat & '-Folz are the architects, a1 the plans at their office show that the building will be a hand- + some addition to the architecture of the busi- ness section, The lot is 90x19. ‘The build- ting will ‘be six stories high, and will shave a front. of pressed brick, with stone trimmings. ‘The lower floar will be occuvied by the Cleveland Paper Com- " pany, and above the building will be fitted up “for printing, manufacturing, and office pur- poses. This lease is one of the most ad- ~vantageous for both parties that, has been nade in this city, and its successful negotia- . don is evidently the work of a broker of. ~"preat experience and ability. Phelps, Dodge & Palmer have leased the > store, $9x180, now being built by Mr. E. 0. Sheldon, on the corner of Adams street and . Fifth avenue. The store will be ready for - secupaneyvan.1, The rent will average up- ~ wards of $20,000 a year for five years. cy . A STRONG MARKET FOR MIDSUM- : MER. ‘Notwithstanding the absence from the city + df many Jeading brokers and investors, the real-estate market shows a firmness and “animation greater than usugl at this time o! ~ year.’ Holders are singularly strong in thei ‘views about prices, and are encouraged by . the demand to believe that a considerable ad- yaneo will be made in a month ‘or two. ‘There is a good general “-inguiry ‘for property of all kinds, “with acres in the most request. Buyers are “Jooking for property both north and south fthe city. Betwéen South Englewood and ‘Pullman there is a stir of some imvortance, __ -and itis whispered that, for some reason, to wes af be divulged, South State street property is tohavéeaboom. The project for an annex >to the Stock-Yards is again under discus- -sion, and the favorit locality for it is southwest of the present yards, north of Blue Island, in Secs. 0, 31, and 36, on and about Mr. J. B. Sherinan’s extensive holdings there. If any such “scheme is on foot, it is not likely that it looks ‘toanything more than a removal, to some ; point along the new Belt Road, of the busi- the transhipment of cattle in transit : for the East. An extension of the Cottage Grove avenue car-lineto Pullman is planned for an-early day, Water and sewer pipes -Will have to laid in the = street : re, e__car-track is put down, «but :-Mr. Pullman holds himself in , ‘readiness to cash all assessments for that + purpose, so as to permit of the speedy execu- + tion of the work. In consequence of these new projects, and rumors of projects, South . Side acres are in growing request. The Connecticut Mutual has sold %6x180 eet on Wabash avenue, northeast corner of _ Adams, to Martin Ryerson for $95,000. - John D. Parker has sold 25x100 on Sher- man; 1% feetsouth of Jackson, east front, to Albert E. Kent, for $25,000. _ The Union Foundry Works have sold to the Chicago & Western Indiana Railroad $26 _x836 on Clark street, northeast corner of Fit- teenth, for $199,000. Alexander L. Duncan has sold to Louis E. . Frank 16160 on the southeast corner of Mar- ket and Van Buren for $40,000. J. H. Bissell has_just closed. sale for the ' | Callihan estate to J. IL Steele of the north- + east corner of Vincennes avenue and Fiftieth street, 417x208 feet, at $21 per front foot, on Fiftieth street. : _: Charles H. Nix to Benjamin Dagaman, lot on Madison street, 100 feet west of Ilalsted. 20x100, improved, for $25,500, all cash. Less than three months azo Mr. Nix purchased _ this same property for $20,500. Mr. Borland hus bought for $400 afoot the + Jot on Michigan avenue adjoining his recent * “purchase on the corner of Twenty-ninth street, for which he paid $500 a foot. Mr. Guarbrant has sold sixty feet on Michi- “pan avenue, with buildings, just north of - ‘Twenty-second street, at $700 per foot dur- : ing the past week. i Philpot.& Co. have sold eighty acres in ‘S. WoftheN.E. 1¢ Sec. 9, 31, 14, between -, Pullman and South Englewood for $462 an acre. The same tract was boughttwo weeks ago for $410, and $500 has been refused tor thy the last purchaser, oyt & Son havesold 1334 acres, Blocks 5 and 12, inN. W. 34 of 34, 38, 14, for $400 an aere. B.A. Ulrich has recently purchased 40 ‘eeres on the Caluinet Tiver, east of River- dafe and the Western Indiana Railroad, with 600 feet of frontage on river, at $100 per Bere. He reports sale_of 40 acres in the IN. W. 4 of N. E. 24, Sec. 31, 39, 15, for Mr. aiths, to a Chicago capitalist, for $5,000 ens) - E.-S. Hawley sold for Jonn Johnston, Jr., + ten acres of land at South Chicago for $25, 000," ‘This property lies_along the Calumet River, just south of the Fort Wayne bridge, and was bought by Mr. Johnston last Janu- ary for $1,000 per acre. ‘The purchasers are the Willard Sons & Bell Company. who in- tend to erect their new steam-forge works at an estimated cost of $100,000. , Messrs. Pierce & Ware report « strong act- ive market during the past week, especially in acre prop . They have closed the fol- ‘Two five-acre blocks N. W. 2¢ . E. 14 Sec. 24, 38, 13; }, 37,133 twenty acres ten acres S. W- 34 Sec. N. E. 4 Sec. 30, 37, 14; 150 feet Prairie avenue, near Fifty-ninth street; 500 feet in Biock 6, ‘Normal School Subdivision, prices on all of the above being higher than could have been realized thirty days ago. ‘W. P. Larkin has sold one house and fot at Humboldt Park for $2,500; one house and lot for $2,200; also tive lots at Gartield for $950. Five acres on Seventy-ninth street, Sec. 36, in liyde Park, near the Baltimore _& Ohio Road, was sold for $1,000 an acre. The prop- erty was bought last March for $3,800, show- ing an aavance of $1,200 in five months. ‘A sale was reported last weeltin the Boule- vard Addition to Chicago of Lots 49 to 67, in Block 27, for the sum of $4,500. The. sale was made _by J. S. McDonnell, of New - York, to Edward Chillis, of _ Arapahoe County, Colorado. ‘The property is absolute- Jy worthless, as the lots in this swindling addition are only 67 by 313¢ feet. a the sales of the Week were 96x150 feet on Superior, northwest comer of Kingsbury, 000; 25x175 on Indiana avenue, north of ‘Twenty-ninth, - $5,000: - 116x100 on Centre, northeast corner of Hurlbut, $7,500; 20: on South Water, east of Clark, $17,000; 396 teet on South Park avenue, southwest cor- ner of Fifty-ninth, running west to Indiana avenue, $31,586; 235x183 on West Madison, east of Spaulding avenue, $11,250; 30x98, im- proved, on Groveland Park avenue, north of fhirty-first, 2505 on West ‘Madison, vest “of Halsted, $25,500; 125x100 on West Washington, west’ of Kedzie, $5,200; 359 feet front on Clybourn avenue, northwest_of Perry, to alley. $5,000: 99°feet to alley, South Grove Parkway, ‘southeast corner of Clinton avenue, §9,9173 101 6-10x197 on Hyde Park avenue, southwest corner of Fifty-tifth street, $3,250; Six80¢ on Eliza- beth, north of Madison, improved, $5,500; 96 x123' on State street, northwest corner of Phirty-seventh, -$9.000; 50x1724 on Prairie avenue, south of ‘Twentieth, $25,000 100 on West Madison, west of Halsted, 204 Clyponrn avenue, $5,000; 2234s State, south of Eighteenth, $12,000; 100 feet to alley on South Grove Parkway, south of Clinton avenue, $18,000. : GARFIELD. _Jamies F. Keeriey has just completed the purchase of tlie southeast quarter of Sec. 34, 40, 13, being 160 acres fronting ov North | avenue and adjoining the city limits. This property is three-quarters. of a mile west of Humboldt Park, is uccessible by North avenue, Armitage road, and “Grand avenue, all of which are fine drives. It is also acces- sible by the Chicago, Milwaukee & St. Paul Railroad, with a depot in the centre of the tract. It is only five and a quarter miles from the Madison Street Depot of the St. Paul Rvad, which will land residents of this place at their new depot on Madison street on the West Side at only four cents. ‘The ride will take only fifteen minutes. Mr. Keeney’ has just completed a subdivision of this vroperty into lots and will at once place them on the market.. He has already contracted for twenty cottages, the plans of which were drawn by George I. Edbrooke. He will also build cottages to order for any one who wishes to live at this place, and_will sell the same on monthly payments. | He has made arrangements -with Mr.” “Peterman, the murseryman, to set out trees at proper inter- vals on the entixe subdivision, so that every street and lot will be: well and uniformly shaded. The street-cars are now running on North avenue to Humboldt Park, and it will only be a short time until they are extended to this place, which has been named Garfield. AUCTIONS. The twelfth public call of real estate takes place at the Chicago Real Estate Exchange next Wednesday, the hour being. changed to llo’clock a. m. Any. picee in the entire number can be called up out of the regular order, so that little time need be consumed by prompt burers who are on hand at this hour. The list of certificates from the sale of June 29 to be called has been redpced, as one-third of the South Park and Vernon av- enue lots has been deeded to purchasers, and the remaining certificates can only be ont- standing until Aug. 29, the termination of the thirty days allowed to make balance of pay- ments. Another auction of Ilalsted strect lots is in preparation for Aug. 27, and September and October will be more active for public and special sales of higher-priced property. ‘The offerings of property for the public calls have increased so much that the Exchange, commencing Sept. 7, will hold them weekly, and they will be hereafter known as the yerular Wednesday call of rea! estate. By such frequency and regularity the distribu- tion of the catalog for the succeeding call will be made at the close of the pending one, and it must necessarily be an entirely new list. Large bulletin-boards have been placed in the hall, on which quotations of property sold will be kept standing for the informa- tion of those interested in real-estate sales. BUILDI ‘Mr. Martin Ryerson will begin at once the five-story stone and brick building designed for the northeast corner of Wabash avenuc and Adams street. It will be 116x189, and will ‘cost $200,000. The land was.purchased for $150,000... Mr. Ryerson is making good progress with his building on the site of the old Nevada liotel, on the east side of Wa- bash avenue, between Madison and Monroe strects. e Mr. Norman B. Ream, who recently pur- chased the Woodruff House, proposes to double its present capacity. Ee . Building continues active in Chicago. The pennit for the building on Monroe street, east of the new First Nation! Bank, that is to be put up by the Brooks estate of Boston, has been tal aA full description of he plan was given some time ago in ‘Sf Ground was broken last we building will be the highest in the city. At will be about 136 feet abuye the pavement. It- will consist of nine stories and basement, and will cover an area of seventy by ninety feet. A good idea of thé sta- bility of the structure can be formed from the statement that the massive founda- tion of concrete and dimension stone will re- quire over two-thirds of the surface area. ‘The strueture will be of brick, with stone trimmings, and will be after the Renaissance style, with Gothic detai At will be abso- lutely fire-proof, and will be occupied by banks and offices. Easy access will be af- forded by two elevators, and every office will be fitted up with a fire-proof vault. MLessrs. Mortimer & ‘Tappan, the contractors, expect to have the building ready for occupancy about November, 1582. The building will cost from $175,009 to $200,000, and the property of C. P. Broo! yf Bi h owner of the Portland Bloc! Burnham & Root are the architects. Prices of building material have not re- eeded to accommodate: those who delayed operations last spring to wait for lower prices. Brick one year azo sold at $6 and $6.50 for common, and pressed brick at $25 per thousand. This year common brick are worth $9 and $9.50, and pressed brick $35 per thousand. Stone has not advanced so much, but.lumber, especially choice lumber, is very high, and ‘builders’ hardware has boomed with iron to almost a startling figure. The Chicago Real Estate and Building Journal has made an_ examination of the walls of the Custom-louse, which shows eleven fissures extending from the roof inan inward direction to the roof of the Post- Office, where hundreds of clerks are em- ‘ployed. ‘The fissure on the north wall is widest. The window cases, half-inch iron bands, are pried and bent out of shape, and the bricks below forced out one-half their width. ‘The other cracks are not so promi- nent, put each of them is visible from the top to where the view of the wall. is hidden by the glass roof of the distributing room. ‘They ull, probably, extend to the founda- tions. which must have settled cons| to produce an effect through the vation ot the building. ‘The architects and builders of the building must be cognizant of its condition. It is criminal carelesness to neglect the walls longer. A most thorough and critical examination should be made at once. ‘The Real Estate Journal calls the attention of the Supervising Architect at Washington to the building, and demands, in the interest of those employed in it, that such an examination be immediately or- dered. ‘The Building Uepartment issued 109 per- mits last week for buildings which will cost within a few thousands of half a million dol- lars. Among them were those of J. M. Smyth, four-story and basement store and dwelling, $0 by 100 feet, Madison street, near Halsted, to cost, $22,000; Alan Pinkerton, basement and additional story, 22 by G1 feet, to No. West Monroe street, to cost $9,000; J. J. Healy, two-story and basement dwell- ing, 2 by 6. fect, Lane place and Centre street, to cost $5,500; Mrs. 1 C. MeCormack, three-story store and dwelling, 50 by 7 feet, $016 and 3018 Archer avenue, to cost $16,000; the P. F. W. Peck estate, six-story and base- ment. store, 50x180 feet, No. 20 and 22 Ran- dolph street, $80,000; G. Lasher, two-story, basement, and attic dwelling, 27x69 feet, Lia Salleavenue, near Oak street, $12,000; Jo- seph Shepherd, two-story, basement, and attic dwelling, 32x60 feet, No. 2724 Michigan avenue,$10,000; Anton A.Smith, two-story and. basement store and dwelling, 24xS0 feet, No. Stl Ashland avenue, to cost 35,000; M. B. Hanson, two two-story and basement dwell- S feet, No. 33 Le Moyne street, to cust $6,000; J. Livesy, two-story and base- ment, dwelling, feet, No. 54 Loumis street, to cost $10,000; J.T. Davis, three- story and basement store and dwelling, 25x 1 feet, No. 735 West Madison street, to cost fy ‘LOANS. ‘The business in loans has been quite large this week. Money and borrowers are plenty and rates are low,—from 5to Ton good se- eurity. The largest loangare taken to pay for or improve realestate in the centre of the city. - Following are some of the largest transactions of the-weck: Thirty-one thou- sand dollars for five years, atS per cent, on improved lot on Washington street, between La Salle and Fifth avenue; $25,000 at G per cent on call on part of Blocks 106 and 107, School Section; “$12,000 for one and three ye at 6 per cent, on Lot 8, Block 17, trac- tional Sec. 15; $30,000 for five years, at 6 per cent, on lots in Block 90, School Section; $27,000 for five years, at 53s per cent. on vari- ous pieces of property : $75,000 for two years, at 5 per cent, on lots in Block 83, School Sec- tion; $50,000 for two years, at. 534 per cent, on lots‘on ‘Wabash avenue, near Adams; $70,000 for three years, at5 per cent, on lots 5,000 for thre in AStor’s Addi- in Block 14, School Sectior years, at 7 per cent, on lots jon, TRANSIT. : ‘The four belt lines projected. for “Chicago have been reduced by consolidation to two. "The Western Indiana will build its Jine as originally planned, but the other companics have joined their forces. At a meeting of the Raitroad Companies’ Belt-Line Company Just. week_the Burlington, rthwestern, Michigan Central, and Iilinois Central v represented. ‘The Grand ‘Trunk, Milwaukee & St Paul, and Pittsburg & Fort Wayne, and the two other Belt-Road Companies have signified their intention to become members, "The New York, St. Louis & Chicago ft is buying the right of way between Ha mond, where it crosses the inain Calumet, and Grand Crossing, ‘where it makes, a junc- tion with the Illinois Central, over whose tracks it comes into the city, “Che course of the road passes between Lake Calumet, and the Calumet River. % A charter was taken out at Springfield last week for a new city railway by a corpora tion known as “The People’s Horse Railroad Company of Chicago,” with a capital of $300,000. ‘The incorporators were given as Ors ‘A. Barnes, W. IL Reed, and George Berg. STREETS. AND BOULEVARDS. The General Superintendent of the South Park Board, in his last monthly statement, reports that the Michigan avenue improve- ment has progressed very satisfactorily. About 990 fect have been covered with two courses of slag, upon which the grayel is be- ing placed, About lineal feet of gutters are already laid. ‘The grading of the drive- v has been completed to Eighteenth street. ‘The flag sidewalk has been laid to ‘Twentieth street, and the sandstone is now being laid trom Twenty-third street south. Thirty-fifth street is bem graded by the con- travtors in tisfactory manner, ‘The Brush Electric Light Cowpany_have made a proposition to the South Park Board to light the Michigan avenue boulevard. The distance from. Jackson street slong Michigan avenue and Thirty-fitth street to Grand boulevard was said to be 18,500 feet. “With 370 gas lamps av a distanceot fifty fect apart they would agaregate a total of $10,000 ‘as construction account, to which may be added $8791.20 for gas, lightmg, ete. The illuminating power of the 370 lights does not more than equal sixteen Brush lights. «The Brush Company will furnish ninety electric lights, equaling in power 2,000 gas lights (such ‘as are used by the city) for the term of one year for $14,710, averaging the same time each night as the Gas Inspectors of Chicago report the gas lights to have been burned in the street unps,—abont seven hours per night. The Company will furnish power, lamps, wires, carbons, the care of same; in fact, everything but the stationary supports for the ninety lamps. ‘the South Park Board have notified the contractor for broken stone to be delivered on Michigan avenue, from Park place to ‘Thirty fifth street, that he must steadily in- crease the quantities of delivery of such ma- teria! until Sept. 1 next, when the daily de- Jivery shall be uot less than 209 yards, If he fails to do so, his contract, may be declared forfeited, and the cost of fulfilling it charged to him and his bondsmen. é Mayor Harrison has announced his. inten- tion of vetoing the Common Council’s order to stop the improvement of Astor, from Di- jon to Schiller. Randolph street will be opened about Sept, 1 through to the Lake-Front from its present terminus on Michigan avenue. It ‘will be carried over the Mlinois Central tracks by the longest viaduct in the United States. It is 172 feet long and cost $80,000. ‘The west- ern approach is of Lemont, stone, and cost $20,000. She viaduct itself is of iron, and has twenty-one long and seven short spans, varying from twenty-five to eighty feet each. The road way, is twenty-one fect cizht inches ide between the centres of the truss ich will give a clear passage-way tw wide for teams. Ti jaduct will be easy approach, the grades at either end being avout half an Inch to the foot” ity SATURDAY’S TRANSFERS. The following instruments were filed for record Saturda CITY PROPERTY. West Lake st, near Falls f, 25x05 ft, dated Aug. 12 John C. Polley to Arthur. Farrai + eeeasee ee! 837 Evergreen uy, 25 v Sty nf, 25x150 ft, dated Au; iol- tan to. G. Dahl). South Wood st, 50 50x10? ft, dated Aus. 13 (F. and ding to B. Decken). ws -. 1,000 Wood st, se cor of ‘Thirty-seventh, | 10 ‘acres, dated July 23 (Raspin lt. Cherry. to George BUtters)......-5-ccceee+ueee42 20,000 West Harrison st, nw cor of Honor 97x100 ft, dated July 1 (J. N. Balestier to A. R. Jackson et al)... -- 5,000 West Harrison st, undivided 3j of tne ‘avove lots, dated Aug. 8 (E. P. Mur- dock to Leonard St. Jobn). -. 1,250 West Thirteenth place, 115 tt st,n f, 2$xl07 ft, dated Aug. Pearce to John Bibow). West Lake st, near Fal dated March 9 (0. M. and £.S. Hart to Jobn C, Polley)... ....---+s2-5e25 seeesee 70 Fifth av, 63; ft_n of Polk st.w f,50x106 ft, dated Aug. 13 (Louise Kraetft to Albert A. Munger). ees Lincoln st, se cor Ambrose, w f, 100 x73 if ft, dated Aug 1 (estate of A, Sutton to the Lincoln Street Methodist Episcopal Chureh)...-....6-+2+ 1,800 Mather st. 133 ft w of Desplaines, 5 ‘x11 ft, dated Aug. 11 (Master in cery toS. W. Rawson)... 1,800 Ashland av, 16{ ftn of Van 40x180 ft, dated June 22 (C. D. and Harrison to Reuben Rubel, 8,000 North State st,n_¢ cor Bunk, w f, 160x 12593 and 173g ft, dated June2t (Edward Clark to Joei D. Harvey). 20,000 Judd st, 14. ft woof Canal, sf, 214x110 ft, aed Jane 2 (John Wallwork to Angela 000 Indinni av, 8¢ cor of Hightecnth, wi 3i x100 {t improved, datea Aug. 13(George . Morton to Caroline D. Howard)..... 11,000 Mobuwk st, sw cor of Sophia, e f, 40x 1239-10 ft, dated Aug. 8 (Michael Reich to Gerhard Castendyck).. woos 000 Indiana av, 15) ft n of Twe: d st, w f, 26x17814 ft, dated Aug. 1 (Edson Keith to Ole Hansen)... 3,500 Indiana av, same lot xs above, dated Aug. 6 (Ole Hansen to Leonurd Hodges) 3,500 Portland Sih; ft s of Twenty-ninth st, wf, 25x15; tt, dated July 16 (J. A. and ‘T. Casey to Aune Schmidt). see 1,000 NORTH OF CITY LIMITS WITHIN A RADIUS OF SEVEN MILES OF THE COURT-HOUSE. Wrightwood ay, bet Lincoln and Hulsted sts,nf, 50 ft to alley, dated July 14 (Morris E. Eddy to Louis Ballensen) ...$ 1,050 SOUTH OF CITY LIMITS WITHIN A RADIUS OF SEVEN MILES OF THE COURTHOUSE. Blackwell st, 6 w cor of Fifty-second, ¢ f, 501x330 ft, dated Aug 12 (Thomas N. Till to George W. Bi i Shurtlef av Fortieth: st, e f, 25x2214 ft, dated May 31 (S. R. Hur- CG fore! fopilennel Wall, oe ee ottaze Grove ay, ne corner of Forty third st, w f, 74x150 ft, dated auly (Cook County to Henry Ender).......... Partof Blocks 2 and 4 of Wiz NW ii Sec. 4, 38, 14, duted June 11 (estate of + C. Cram to Union Stock-Yurd & ‘fransit Company) 5,500 WEST OF CITY LIM S RADIUS OF SEVEN MILES OF THE COURT-HOUSE. Rendsbure st, 100'tt sof Shakspeare, w f, SoeigiNs fe dated dune 2 Goun dann’ 450 2,966 230 1 ft, dated July 16 (John Johnston, to Samuel P. Faulkner)... Pleagant place, 370 ftw of Vowel av A ', 26x 1104 » dates uy P. PLP to Charles Tol). e wee ee 1,800 SUMMARY FOR THE WEEK. - The following is the total amount of city and suburban transfers within a radius of seven iniles of the Court-House filed for ree- on during the week ending Saturday, Aug. Lacation. Sales. Amount. City sules. aeas, I BOS.393 North of city limi: Haan South of city limits. West of city limits. Total........ Total previous week. ITEMS. Owners of Hyde Park property wilt be in- terested to know that the Village Trustees have authorized their tax-claim agent on and atter Sept.-5 to collect the full legal penal- ties of 25 per cent each six months on prop- erty sold for village special taxes. ‘The vil- Jage has been favering delinquent taxpayers by chargmg them ouly 1 per cent per month frow date of tax-sale, but has now decided to enforce the legal provisions, first, how- ever, allowing the delinquents sixty days in which to take advantage of the rate of 1.per centa month. If they do not pay up it will be their own fault should they find tax deeds upon their property. : Plans for buildings in New. York City imade during the months of April, May, and June involve an estimated outiay of $17,500,- 000, of which sum $415,000 are for eight new places of ; pause iments eae es 5 , the New York Real-Estate sore says, Will soon haveits turn, ‘The Ganeued prosperity, the desire for’ better tenements, and the increased abilityto purchase homes ‘will'soon have its effect upon the price of realty. . We are on the eve of. the greatest laud speculation-i:tiown to the history of this country. ‘This will show itself especially in the cetitres ot popylation; and untess all tne signs of the times are fallacious, the upheaval in prices will commence next fall. ) Sareea a be, SUMMER-RESORTS. To the Editar'of The Chicago Tribune. Cincaco, Aug,;13.—Edgemore, -the first station on the Baltimore & Oliio Railrqad in Indiana, six. miles, east of South Chicago, would make the ‘finest of summer-resorts, equal if not superior to Long Branch. Here the lake recedes‘ instead of encroaching on the shore, as it dgés between Lake View and Waukegan. Theré.is a natural boulevard or drive 80 to 100 feet extending along the beach for at least five miles, and there is the finest surt-bathing. A’ pine forest in its primeval state extends back_aé least half a mile from Lake Michigan -and some two miles cast and west of Edgemore Station, which is located in the middle of the pine forest. For the grand summmer-resort which, has been so much talked of for several years this loca- tion cannot be surpassed between Michigan City and. Milwaukee. Edgemore can be reached by the’ Baltimore «G Ohio, Lake Shore & Michigan Southern, and Pittsburg, Fort Wayne & Chicago Railroads, and on steamers. It is just. eighteen miles from Chicago, the proper distance from the smoke and bustle of the ‘city, where there is pure air and no contaminated lake water. O. R. CARL. PRETZEL'S Self-Actin?, Back-Action Shleep-Dish~ turber. For The Chicaao Tribune, All dershinin’ lides of der liderary, schien- dific, und moosical vorlds hafe been dryin’ a amuch many years to infent a goot shiecep vake-outer, Dhey hafe shtuddied und cried about dot. Dhey hafe laid avake nides ‘dreamin’ about dot. ; a Shtill dhey found it out dot it vas onpossi- bie to got ub someding vhich would make you like dot early -vorm, so dot you got snatched bald-headed out like, so dot you could coteh der pird. i Und now it vas left by us to been der in- fenter of der only ting vhich could done der york bromptly, schkienaificaily, nitout four- thought und matices. It vas yoost so easy dot a camel could valk mit a ncedle’s eye out, as not get ub und der vay out vhen dis infentive band begins to play out. Yoost below dis, right’ here, I gives you a pigture of dot models of der great infentions, der prain-vork of only some great infentif cheenious. Dot’s me, myself, a Der abofe vas rebresent der first lesson dot you got to dook in dryin’, vhich you like best of der couble, Dis I vas call my “Thumper,” und vas builder oxbressly to sadisfy der demand made by dhry-goots shlingers, who vork like sixty during der day for deir boss, und ka- rouse around like olf hoondert efery nide for dhemselfs. : . Dis vas beculiarly adapted to dheir kneces- und I vood been. villin’ to, bet my mudder-by-law’s life dot it would vake out any vell-rekulated dhry-goots ge , ofer he gifs der ting achance to gotonhim. __ Many of. dose dape-worms in der leadin’ dbry-goots houses on Shtate shtreet would. efen now, from der pigture alone, gif ample desdimony of its vorth, ofer you dook der trouble to make ?em unraile. One of em sent anode to me only der day behind yesterday, und he said dot he must hafe one yoost now too soon. I solt him one dot afdernoon, und der same nide he got so trank like notting at all, und der next morn- ing he vas immediately oxchanged from his Dosition on der shtore. Vy, dot makes not- ting out. I could dell a goot many desdi- monies of its goot und useful qualidies like der above. ‘ All you got to done would been to say. I vant to get me ub at 9 by der vatch.” “Vell, go on your bed, und der chances vas S to 7 you would been ub at S. You see by dat you yas make an hour. Yoost keeb it on your mind, und, vhen der paddles come down. once, ofer you was dhere, it brings you right avay rota all der nide-horses under oder ides. : vas annoder beneficialness of ids y= Der abofe deception vas mine patent “Tumbler.” Dis congenial contrifance vas suggested yoost aboud der dime vhen der Granger Inoofment vas bobular. But, since Dr. Ayer vas got his vork in on dat moofment, I vas combelled to adapt dot to some odder us- sages. ‘At one time I yas gombelled: to belief dot dere County Borde vould adopt it; but_dhey only adopted some resolutions, und fergot all about der machine myself. A Pooty quick der newspapers got a-hold of it to vake ub dheir reporters; but der cldy editor of a coundry paper got mat once at mine “'Tumbler,” und gif it a blast, und dot ruined it for dheir pishness. I didn’t tum- ple to dot myself for a long time; also I vas told dot der machine voke out his frow. by iishtook, and dot’s vat’s der reason mit me. I hafe loaned der abofe inshtruments to congregations to vake ub dheir ministers, In dis I got ita rebutations. I hafe received much many obinions trom shurehes about dot, and in’efery case dhey vas convincing. Dese inshtrunients vas easy conshtructed, and more cost vat dhey vas vorth. Mit ‘eGot usages, one vill last 2 feller about twenly- four hours. Afderagood tumple you don’t got mat about it. One may last dwo nides mnidout going to bieces. We hafe had ours now dwo veeks (in a box), und it vas yoost so coot like new. _ 3 3 Lvill send any one sample copies of it for der price, vhich vas‘not high up, C. O. D.3 und, if it don’d proof yoost so gout vat it is, [ vill make you proot it. ‘Dot's fair robbery, or no exchange back. Address all orters:to me, und I will see about it. é yi ‘Vhen you send, please shpeak abont it. cr “Never Mind the’ Hat, My Boy %—A Miner from’ the Gunnison and Gen, Sheridan Talk Over 2 War Incident. Denter (Col.) Tribune, It is only natural that greut Generals who commanded thousands of nien in. the lute War should frequently meet men in diferent parts of the country who cherish some incident of war life with which private and Gencral wero closely connected. It:is doubtful if Gen. Phil Sheridan, whose fampus twenty-mile ride to Winchester hus made his name fumiliar in every household, ever tnet 2.miun who brought upa pleasanter reminiscenée than a -brown-faccd, hardy miner did in this city 2 day or two ago. Gen. Sheridan was idly suuntering up and down the lobby of the-Windsor Hotel decp in thought and complacently pufliing at pis Ha- vana and blowing the smoke into pretty little rings. Suddenly a rou¢h-looking man with face s0 heavily bearded that one could sce nothing but. the twinkling black eyes, approached bim, and, raising his hat with awkward embarrass- ment, said: ip Ake “Good morning, General.” The hero of Winchester returned the greet- ing, touching his cap! with military politencss, and then, trying to peer through the miner’s heavy beard to get a glimpse of his features, the General added; : : oa “I'm afraid E've forgotten your face, sir.” ‘The eyes of the mail from Gunnison twinkled brighter than ever as be remarked: “It’s not unlikely, General, scin’s we never met but once afore; you wouldn't be so apt to re- member me as I ‘am ‘you, It’s seventeen years since 1 saw you last, Things have changed since then. It was on the battletield of Cedar Creek. Don't you reiiember the soldier that gave you his horse when yours was shot from shower of cunnister from the mas teries on the brow of the hill?” ani the old man looked up with eager pride into the General's face. “That T do,”. answered the General, with pleased interest and a brighter fash in his eye, .“Lremember it well.” “I was that soldier,” continued the miner, proudly. “I reinember the circumstance well. sir. When you put the spurs to my horse and gailoped off, you left your bat behind you, and Eculled to you as loud as I could, but you replied,” Never mind the hat, my boy." I've got that hat yet. General. -Jt's hanging in my cabin in the mountains," and the rough fellow’s eyes flowed with pleasure. s Sheridan grasped bis hand and led him to a seut, and for balf an hour they fought the battle of Cedar Creok over aguin. . ———___. THE SERPENT’S TRAIL. For The Chicaoo Tribune, . Across the meadow [ walked one day: ‘Throush the tangled grass the pathway lay; Great ox-eyes grew on either side, With yellow buttercup for bride; And just before ran sparkling stream, ‘That did like thread of silver scem. under you sked bi ‘Across the brook lay meadows fair, Whose new-mown hay perfumed the air; And, like a monareh in repose, Still farthor on 1 hill arose, Where pines with hemlock were combined, And elms with ivy dark were twined. Tsought a quiet, sholtered nook ‘That Iny beside the sparkling brook, Where graceful willow drooped o’erhead, ‘Where grass like carpet green was spread, On which in happy mood I lay And dreamed an idle nour away. Tdrcamed that life was always grand— ‘That laurels green on either hand— ‘oat he who would, could conquer fame, And win himself both power and name; J dreamed the perfect Summer-day Was embiom of tho life that lay Before wy feet: then woke with ery, For slimy serpent glided by. In after years my dream came true, For joys were plenty—sorrows few; And now as. then he can who will In triumph rise o'er every ill; And yet there is no spot so fair But that the serpent's trail js there. Jacquita. a THE SUMMIT MYSTERY. The mystery surrounding the case of the body found in the Illinois & Michigan Canal at Summit on Friday has not yet been cleared up, Yesterday forenoon Deputy- Coroner Uansen empaneled a jury, which viewed the boty, and the inquest was con- tinued until, Monday, Aug. 2. Dr. Korst made a post-mortem -examination, but dis- covered nothing additional to what was pub- ished in Tis ‘Trung * yesterday, He thought the wound in the neck could not have caused death, and his conclusions gen- erally pointed to a case of suicide rather than of murder, Nobody has so far attempt- ed.to explain why an intending suicide should first strip,—only a crazy person would ilo so,—and it seems impossible that all the clothes could have been torn off by a tug. = —___ Mow a Man Attempted to Run an Irish Newspaper in New York. ‘Traveler, An Trish gentleman who made a_ splendid record in the Union army during the Civil War, nnd who fg well Kuown us a Republican pali- tieiun in New York, once essayed to conduet Irish paper. It bad the usual genealogical fe: ure, as @ matter of supposed necessity, though he ‘was: perfectly aware of the subjects being ortraits of distinguished Irishmen. After per- stent and well-direeted elforts to make his paper suecced on tts really excellent lterary merit, he gave up the enterprise. To give up the gencalozicnl teature would have been con- sidered suicidal. The following are about the: style of communications with which he was frequently favored: Mather Editor: Sor Last week you had a picthure ofan Ulsther man and before thats picthure of a Connaught man. Ther's -too Inueh Ulsthor and too little Munster. Sbtop my paper. Misther Editor: T asked you for a history of the McGrourtys, and you say nothing about it in your puper, Last week you gave a lot of stuff about the Shexs. Tho Grourtys are as good as the Sheas uny day. Stop my paper. Porrsviute, Pa.—Smt: You're wrong about the MeNamuras. You make them out tobe from Princes, and you've got the O'Neills from Kings, Some of the rapseallions of that name begin tu think themselves too good for the Mollie Maguires. You can stopmy paper. And be did, by stopping the paper altogether. ne AUCTION SALES. GEO. PB. GORE & CO., 214 and 213 Madison-st., WILL SELL AT AUCTION, Wednesday, Aug. (7, A LARGE BANKRUPT STOCK OF Sa Shoes, 220 LOTS. Wednesday, Aug. 17, at 100’clock, BOOTS & SHOES, We will offer a line of Fine Goods tn Children’s, Misses’, and Wonten’s, Also Hen’s, Boys’, and Youths’ Boots and Shoes, Allgerg desirable lines, which wo will sell to close signments. ae GEO. P. GORE « CO.. Auctioneers. THURSDAY, Aug. 18, at 9:30, AUCTION TRADE SALE, Crockery Glassware. ale. In lots to sult the trade, &K. Booter, und Park- ‘We shall offer at th full lines of Boote &. rst's W.G. Ware, lcrates Blue Willow, 50 crates packages Glassware, ried American Ware, 1,00) ssorted. Also Lawps, Burners, Shades, Iluminators. &c. GEO. , GORE & CO., Auctioneers. By POMEROY & CO. CHATTEL MORTGAGE SALE, Wednesday Morning, Aug, 17, at 10 o'clock, Ar + Ko. 176 North Halsted-st Tatire Furniture &: Houscheld- Good, Counters, Shelving, and Store Fixtures, Contained in above Number, will be sold to highest bidder, without reserve, for account of Mortsmpee. POMEROY & CO., Auctioneers, POMEROY & CO.. AUCTIONEERS, Manufacturers’ Agents, Nos. 78 & 80 Randolph-st., Are offering an elegant line of PARLOR AND CHAMBER SETS CARPETS, BEDDING. &e., for PINVATE SALE at AUCTION PRICE: iving purchasersan opportunity Sekt over Pee DAT atea) am ‘ ke, every TUESLA iE ES . 1D. Be Be OVE TOE ERO & CUn Auctioneers, By D. LONG. ASSIGNEES SALE. The Entire Contents of a First-class Pho- tograph Gallery, 88 North Clark-st., ‘At Auction Thursday, Aug. 18 at 10 o'clock a. m., con= fisting of valuable Cameras, Lenses, Glass Negatives, and everything pertaining to First-class Photo- raph Gallery. Also, tine Gold Frames, ead-Kests, fine Parlor Furniture, rine is Cirpets, Show- ‘cuses, Counters, Desks, Chairs, Scenes, Iruckety, fuintings, und Valuable Chinese Scenery, Matting, ete, OLN N. JAMESON, Ausignee. 'D. LONG will conduct the sule. Pp. & I. CASEY, 41 and 43 Fifth-ay., IF YOU WANT SOME FINE BEER-COOLERS, ice-boxes, ale-boxes, saloon outfits, bank or office outtits, billiard tables, pool. tables, puker tables, | restanrant outfits, house furniture of every king, guns, pistols, cutlery, several fire-proof safes. Call at P. & J. CASEY’s, 41 and 45 Fifth-ov. AMUSEMENTS, MeVICKER’S THEATRE. Eyery Night, Wednesday and Saturday Matinees. 21st to 27th y _ Overwhelming Snecess! Performance. : GREAT REALISTIC SPECTACULAR DRAMA, THE (ie THER - ‘NOISOTAXE ; HELL THE EVERY SCENE A LIFE PICTURE. ‘ha Hlevator was as life-like as anybod Td wi a view of the river, was a ‘his play witl enjoy un exceedingly prosperous “he -Haft Scone’ is one of breath-holding excitement”—Times. tha Haveivtngas could wish. ‘The Asylum, andthe Revolv! ene o) marvel of mechaniest ingenulty.”—Tribune. ” reueen ‘he sun kissing the tar-oll horizon made a roasterple e of stage portralture.”—Inter-Ocean. a run.”—Heral ‘One would think the whole world Lad turned outto see It-”—Jonrnal. THE MOST ENTRANCING OF MODERN DRAMAS, Enacted by a POWERFUL DitaAMATIC CO. under the management of BROOKS & DICKSON. THURSDAY NEXT. GRAND GALA NIGE 'T—25th Performance of “THE WORLD," a on whien oceasion an EXQUISITELY ENGRAVED “SOU VENLt PROG KAM’ will be presented te gach Indy, AUCTION SALES. By ELISON, FLERSHEDI & CO. REGULAR SALES FURNITURE, Carpets, and Housefiald Goods Every Wednesday and Saturday, Furniture, Carpets, Desks, otc, at Private Sale at Auetion Prices. $25,000 ' STOCK First-Class FURNITURE AUCTION! AMUSEMENTS. GRAND, OPERA-HOUSE. MONDAY, AUG. 15, 188L EVERY SIGHT AND USUAL HATINEES, - Last Week of the Very Popular ~TEOMPANY IN THE GREAT COMIC SUCCESS, THE MASCOTTE.. Last Week of GOBBLE-GOBBLE BAA. Last Week of the ODRANG-OUTANG SONG. ‘Last Week of the GRAND CHORUSES, Only One More Week— Z ONLY ONE. ND: Only One Noveliy in ihe City— ONLY ONE, Monday and Tuesday, Aug, 15 and 16, | AND THE GRAND HAS GOT.IT! AT 10 A. M. EACH DAY, aT 250 & 252 Wabash-ay. 85 Parler Suits, PALMER'S U3 MONDAY, AUG. 2—Mr, A. M. NION OCHAT, SQUARE THMATRE CO. in DANIEL # GRAND OPERA-HOUSE. Mr, A. ML. Palmer's 35 Rich Badroom Sets, | UEpion Square. EASY CHAIRS, PATENT ROCKERS, LOUNGES, BOOK CASES, FOLDING BEDS, Theatre Company Will inaugurate the second regular season of this fnangre ‘Theatre, appe: on Diing-Roon aud Libary Funtie, | Monday, August 22, A Lot Upholsterers’ Coods. Sale positively without limit or reserve. ELISON, FLERSHEIM & CO. Auctioneers. S! Auction Sale -§50 Choice Imported German Canaries, Thrushes, Blackbirds, Starlings, Bullfinches, &c., &e. Sale at our Stores. One day only, Tueslay, Aue 16, Wan|LAS FLERSHFIM & CO., Stand S Itandotph-st. 1,000 Volumes Books, 800 Albums AT AUCTION “Wednesday. Auz. 1%, at 12 o'clock, Consisting of Fleetwood’s Lite of Christ, Shaks- peure, Moore, und Uyron, History of Church, Vil- srim’s Progress. Also,n lot Fine Albums. bees a -ELISON, FLERSHEDM & CO. —$———_—$_——————————————— AMUSEMENTS. HOOLEY’S THEATRE. This Sunday Night, The Only First-Class Theatr Open in This Ci, Farewell Performance of James O'Neill, Supported by ROSE WOOD, LEWIS MORRISON, snd full Deamatic Company, in RICEDLLIEVD. Remember—This Sunday night only.. GRAND. OPERA-HOUSE. THIS SUNDAY NIGHT, Grand Special Performance of the * MASCOLTE| 1 erent ESL SRR Monday, Aug. 2-THE UNION SQUARE THEA- TRE CO. LOOLEY’S THEATRE. pOnly First-Class Thentre Open To-Nisht-Eareel ci co Of JAMES OSBILE, supporter PEER AUOD ana LEAWIS MoitisoN. Pee PF RACHELIEU. SPRAGUE’S OLYMPIC THEATRE, :. TO-DAY (SUNDAY), AUG. 14,” RM S. MATLNEE AT 2:30, ELISON, Se NIGHT AT 8 O'CLOCK, Of the Highly Artistic, Exeiting,‘and Amusing Com- edy, in tive nets entitied ~~ BLACK DIAMONDS; + Or, The Weroine of 1nzelton. Seale of Prices~Iie, %e, Xe, le. Positively no higher. ‘The cheapest prices of any tirst-cluss theatre In the World. Remember—0 und ste for the bestseats +, ATHENXZUM GYMNASIUM, 0 Dearburn-st. . DUPLESSIS’ SPARRING SCHOOL, Now open at the above institution, Lessons.so con- ‘| ducted as to be entirely safo and axreenble to the pupil, with . the best resulis, Call for particulars. HUOLEY’S THEATRE. earance of JAMES O'NEILL, sy ‘OUD, LEWIS MOR- KISON, and in uet, Polo, Alsatian, etc. Fine Waltzing & -|-xuarunteed. “Fo: call from In the latest Union Square success, by A. R. CAZAU= TSS Hom thd breach of 30. SARDOU, DANIEL ROCHAT. Original Cast. Original Hos‘c, Original Scenery. ‘The Box Sheet will be ready Tharsday Morning, August 18, at o'clock. | 3 NOTE.—Especial attention is called to the fact that the full strength of the Union Square Theatre Co. will appear for the first © time in four years. A THOMAS SUMMER NIGHT CONCER: POSITIVELY EXPOSITION © BUILDING. COOLEST RESORT IN THE CITY. or THE: EVERY | A NIGHT. Saturday Matinee. THOMAS: Summer Hight Concerts. TO-MORROW NIGHT—Wth Concert—Miscellaneous ¢ Prosrum. Niet Yager ore Concert-SCBUBERTS t se WEDS} AY NIGHT—Wth Concert—NOVELTY OG RAM. EUIRESBAY. NIGHT—sth Concert-SYMPHONY PEIDAY, NIGHT—dch Concert—LAST REQUEST PROGRAM SATURDAY, AFTERNOON ist Concert-LASF S EDAY EVESING—£d Concert—GRAND |; SUBILEE PROGRAM. a 1 ‘Tickets, 2%and cents, Forsale at the Exposition Building. ‘ MRS. GEO. B. CARPENTER, Lessee, ~ MILWARD “ADAMS, Mansper. HOOLEY’S THEATRE, Only First-Class Theatre Open ‘To-Night., Farewell formance of James ‘SNeli, supported by Hose > Wood and Lewis ‘Murrison una compuny. 12 RICMELIEU. , SPRAGUE’S OLYMPIC THEATRE. ~ Every Evening at 8,-and Matinees Wednes ‘day, Saturday, and Sunday, 2 COMMENCING MONDAY, AUG. 15, The Favorite Comedian. Mr. TARRY WEBBER, will « Present, for tie first time, the new and power~: ‘ul Detective Comedy-Drame, 1 A-DARK CORNER! is. An Original American Drama, hing New. A Good Company, a Wealth of _peyerg inne News, Aand Muteeta” he Liznrd Light (Revolving). Itain Storm of ites! Water, The Burn: ing of a Ship tn Harbor, Interior Railway Couch om the U.N. W., the Private Mad-House ntar the <- qhe : BAUWS PAVILION. ‘Pwenty-second-st, Cottage Grove nad Indisna-ars— ing and every evening during the summen = ‘This Everday evening und sunday Matinee, = : ‘GRAND CONCERT: Admission, 25¢; Sunday Matinee. be ->-.- HOOLEY’S THEATRE. Sanday Night—Ferewell Performance | of TANS SPRINT EWS MOIMSON, and ROSS WOOD. RICHELIEU. DE LONG’S DANCING ACADEMY, ‘American Express Building. 73 Monroc-st- Pe 102 o'clucke Private instrnetion the year round. F particulars: