Chicago Daily Tribune Newspaper, October 16, 1881, Page 10

a St: Ni cece aie 8 sala nab %, coat meaner tia SE ERT te cate YS wsnatermeanbe ~ 10 THE CHICAGO TRIBUNE:. SUNDAY, OCTOBER 16, 188i—' WENTY PAGE 5 a be really a seaside city pleasant to it ers. The elevators now located would wail “REAL ESTATE. frediction of the Greatest Era of , Activity the Country Has Yet Scen. Buoyant Views of an Operator Who “Dates Back to the Year 1830, Chicago Sales Quiet Because Holders Cannot Be Kept to Their Prices. Majority of the Sales and Build- ing Permits for Small Amounts. New Tracks to Englewood—The Belt BRoad—Plans for the Cook County Infirmary. Interesting Correspondence on the Subject of Bridges and Other Methods of Crossing the River. GREAT SPECULATION. VIEWS OF A VETERAN. | ordered a new sale. The oldest broker in real estate in New York, the “venerable E11 Ludiow,” as the Herald calls him,.in an mterview with a re- porter of that paper predicts that there is coming “the greatest speculative rise in real estate we have ever seen.” This is the time, he says, to own land.“ The rate of interest is and will be low, and land mst increase greatly. ‘the Astor family is founded upon jJand. The. first in. the line, John Jacob Astor, bought land with great judgment. In the time of the second in the line, Will- iam B. Astor, the opportunities for profita- Die purchases of land were unsurpassed, but he did not buy much lands: He invested money for interest, and built houses on his land or leased them. In the present genera- ton the Astors are buying land again, for the family are quadrupied, and they mean to re- tain their ascendency at the head of the wealth of the country. ‘They understand the subject.” Land is the best basis BITER THAN BONDS that-will be paid off, better than railroads that may depreciate. The Astors own large tracts of lands within the city limits atlow prices, covered with buildings. They are now buying land, and it is the same with many others.” “ Butis not the railroad speculation still so great that not much capital cau be diverted into land?” “Railroads have had a long period of rise which may be far from over, but this specu- lation has gone on into new railroads whose profits are prospective. Money is abundant and the annual profits of the people are large. Asmall amount overtiowing into Jand will rapidly advance the price. This process has commenced already. Take two instances. “| One WHO RECENTLY MADE HIS MILLIONS, has bought two: acres of land fronting on Central Park and is about to erect a series of dwellings and large apartment houses. There is an-investment of $2,009,000 or $3,000,000. The other is erecting a great office building on Wall and Broad streets which will cost as much. There are many others.. This is railroad and mining protits going into real estate.” “ But it is improved and not vacant land 7” “Every new building isa forward march upon the vacant land that Hes beyond it.” Mr. Ludlow gives this account of the move- ment of the real-estate market as he has watched it since 1830: Railroads; he says, are Teal ‘estate, first-class improved - property, producing constantly, though varying in in- come. They have land in all the towns and cities they traverse, immense buildings, and large personal property; but the basis is real estate. Itis an old saying that in hard times real estate is the first to inll and the last. to recover. When resl estate recovers the dif- ferent classes regain value in their order, nov slmaltaneously. “Good crops and business activity call for larger stores and warehouses, and the rise in rents of such buildings in- crease their yalue. Then the men engaged in business want, as they make money, to live better, to ‘move from small houses in down-town streets into their own houses in more fashionable locations. This makes a demand first for small up-town residences, then for larger ones, then for palaces. ‘| THIS STARTS THE BUILDERS, and their demand for lots increases the price for vacant lina where the street improve- ments are completed, and this finally starts the value of latid not yet ready for buildings and speculation follows. This ‘veteran observer of the real-estate market expects a great deal of acivity this Tall, When the men who-invest capital come to the city from their summer rambles —and they are coming every day—they will decide in what way to use their msney. They do not go on very general ideas; they study closely the signs of the times and the chances of profit, If a few notable purchases are made there will be many to follow the ex- ample— MEN MOVE TOGETHER— and all vacant real estate on this island, at aeasonable prices, is ai bargain. Look at the East Side, which has doubled and trebled since the rise commenced, and then go over the West Side. The elevation and grade of the land and the prospect over the parks are incomparably finer, and yet the. prices are one-third or one-fourth those on the East Side—lower now than the East Side before ihe rise there began. Compare Riverside lots with Fifth avenue lots, at one-tifth the “price, and yet ultimately the Riverside will de just as valuable.” “Who are the Jeading or most successful operators in the market 2” “There is haraly any one who makes it an exclusive business. “THE MOST FORTUNATE seemto be those who are thorourhty en- grossed in other business and {who invest oc- casionally. If real estate asa business could be owued as railroads, and such buildings as the Buercel are could be sold in shares, if blocks up town could be built up: by corpo- rations and sold in shares, the* profits would a wild speculation. There is where estate in the shape of miilroads has the advantage.” ’ “Sullyon think that land up-town will have its turn?” “Itis, indeed, coming, and the accumula- ‘jon of motiey and the storing up of the elec- iricity of speculative feeling will give it great force.” a SALES. TRANSACTIONS FOR A -WEEK. Notwithstanding the delay in settling the plans for the new Board of Trade, the Iead- ing operators arg sufficiently confident wo soutinue to make Jarge investments in the neighborhood. The Atlantic Hotel, on_the gouthwest ‘corner of Sherman and Van Buren strects, was sold. last week by Join Keller for $100,000 cash. ‘The purchaser was the Traders’ Iusurauce Company. When the Loard of Trade moves it is understood that the building will be ovcupied by the Traders’ Jusurance Company and the Corn Exchange Bank, both of which are controlled ‘by B. P. Uutchizson, one of the leaders in the re- qioval of the Board of Trade. A The Connecticut Mutual have sold to Mr. | Nichols, of the Boaru of ‘Trade, the south- ‘west corner of Michigan. avénue and Twen- ty-eighth street, 57x125, for $18,000, Air. Nichols will build a residence here. . W.D. Kerfoot & Co. have sold 36 acres in See. 9, 37, 14 at $600 per acre; 15 acres in Sec. 16, $7, 14 at $8,500; 617 West Washington street at_ $5,500; 100 feet on Deming court, west of Clark street, for $4,000; 50 feet on Orchard street, between Wrightwood ave- nue and Dewey court, for $1,500; 257x148 feet east. of Clark street, in Wrightwood, near Lincoln Park, for $8,600; 23 acres near Blue Island, See. 30, 37, 14, for $5,800; 120x200 fect northeast corner Warren avenue and Central Park, for $7,000; 25x100 feet on north side of Iluron street, between State and Cassstreets, for $4,750; 26x120 feet on south side Congress street, between Wabash and Michigan ave- nues, with barn lot in rear 18x25 fect, for ‘$7,000. 5 ‘The property of the Chicago Academy of Sciences was receatly sold under a decree of the court in the éase of the Connécticut Mu- tual Life-Insurance Company vs. 8. 5. Rog- ers toE. W. Blatchford, E. JI. Sheldon, E. B. McOage, G. C, Walker. and Daniel Thomp- son for $102,509.91. The purchasers refuse to take the property, and Judge Gardner has “William Bross has sold throngh F. A. Brage & Co. to William C, Lobenstein the northeast corner of State street and Eldridge court, 60x70, for $24,000, all cash, taxes of 18S], and cominission.: A subdivision of forty acres has been made at Kensington by Messrs. Black, of: Spring- field, and Glover and Leiter, of Chicago. B, A. Ulrich reports the sale of 21 and 2% River street for $24,000 cash, 30x100 feet, and four-story brick building. Four hundred dollars au acre has been re- fused for several hundred acres in Secs. 19 east of Lake Calumet. Several interesting auction sales of real estate will be held this week by the Chicago Real-Estate Exchange. IN THE SALES OF THE WEEK were 50x150 2-10 feet, improved, on the north- east corner of Dearborn: avenue and Goethe street, for $24,000; 25x100, improved, on Franklin, north of Van Buren, $8,100; 150x 5441¥ on Tinrty-second street, west of South Halsted, $6,000; 10 acres on the Evanston road, northeast corner of Roscoe. $26,000: 241x100 on Blue Island avenue, west of Si teenth street, improved, $4,900; 52x100 on West Washington street, northwest corner of Halsted, with buildings Nos. 181 and. 183, $11,000; 2573{x148.0n street. between Fuller- ton and Wrightwood avenues, $8,000; . 223% feet to railroad, improved, on Bowen avenue, near Evans, $5,000; 2234x150 feet, improved, on State street, near Goethe, $9,000: 33x17 on Wabash ayenue, south of feenth street, $5,500; 343¢ to alley, improved, on Cottage Grove avenue, north of Twenty-fifth street, $5,500; 452/x160 7-10 on Ind nue, northwest corner of Thir street, $8,527; 30x94, improved, om Groveland Park avenue, north of ‘hirgypiirst street, $7,500; 150x100, improved, on*Marshfield, southeast corner of York, $22,120; 50x125, im- proved, on Hyde Park. avenue, north of Forty-aninth@310,716; 25 feet to alléy, im- proved, on Superior, east of Pine, $13,000; 90 feet to alley on West Adams, west of West- ern avenue, $9,000. More than half the recorded transfers are for considerations less than $5,000. Very few large sales are being made. + SATURDAYS TRANSFERS. The following instruments were filed for record Saturday, Oct. 15: CITY PROPERTY. Newberry av, 40 ft n of Maxwell st, e 125 5-1Ux100' ft, improved, dated ‘Sept. % (David B, Lee to dmond MeGrath)..§ 7,300 Lincoln av, bet Sedgwick und Wisconsin stg nef, 294-10 ftto alley, dated Oct. Taytor to Henry P. Klein). 1,000 st, 488-10 ft ¢ ot Centre ay, 120 {t, improved, dated Oct. - Wolf to Mary «A. Burns)... 4,000 ecor of Centre st,triungle of 51S xT3x59 9-10 fr, dated Oct. 14 (erick Gersteuberg to Cac Laux Jr, etal).....° 2,500 Lake av, near Egan, w f, 5x40 ft. dated Oct. 13 (Charles F. Jauriet to Harriet BL 0 u 5, ‘The premises No. #33 West Monroe st, dated Sept. 17 (Heory Potwin to Mary S. Van Zant)... . $500 Wisconsin st. 155 ft @. of Sedgwick, $i, 3 X72 tt, dated Sept. 7 (Maury B. Miller to Michigan av, 1; be st, Wf, 20x16] 3-10. tt, improved, da Oct. 12 (E. E. and P. H. Patoam to Etiza, 7 100 ft, dated Oct. 4 (C. B. Webster to Peter Toheiszes)...... West Twenty-tirst at, 115 ft. w of Union. T$¥4x150 ft, dated Oct. 15(Frances Lady to C, Blesterfeld).. West Fourteenth st, 40 4-10 {te of Latlin, n f, 4x123 ft, dated Oct. 15 (Peter Gener to C. H. Henroth).. ‘West Thirteenth st, 182 Tt w of Lattin, a. 1, LAXT25 ft, dated Sept. 9 (H.H. Hunne-" weil to W. Prochnow: West Thirteenth s1 twof Lutlin, ao 1, 24x125 ft, dated Sept. 9 (sume party to WS ftw of Latlin, a dated Sept. 9 (it. H. Hunne- tama). oe: West Thirteenth si, 20 ft wof Latina f, 24x12 ft, dated Sept. 10 (same to Fred Grunst). seus West Monroe st, ne cor of Californin a nf, Waxes ‘tr, dated Oct. 11 (J. Ch Hammond to Mary A. Wayne). State st, ne cor of Eldredge court, wf, 60 ft to alley dated Sept. 23 (William Bross to William C. Lobenstein)........ Centre. av, 105 ft s of West Jnckson et, e 1, 16x20 Tt, dated Oct. 1 John P. Brown 1 Hiram Medberry) .. a eshsaaes Burling st, W's fis of W ft, iinproved, dated Oct. Kellermann to Petor Lirost). Michigan av, 223 tt u of Twe st. 254158 ft, improved (with other prop- erty), dates! Oct. 14 (Master in Chancery to Charies it. Grubb). North Clark st, 35 ft 6 0! “ft, improved, dated Oct. 3,100 1,30 60,000 (Heury Welge to Frederick H. Winston) -. 12,500 Andiana av, 40 ft n of ‘Thirtieth st, ¢ 1,20 x113 ft, dated Oct. 1 (Thomas kt. Browne ito A.J. Marvin) ween 5,252 SOUTH OF CITY LIMITS WITHIN A RADIUS OF SEVEN MULES OF THE COURT-HOCSE. Forty-seventh st, 163 {te of Aberdeen, u - x125 tt, dated Sept. 20 (estate of H. Q. Stone to August Fraker) ... Winter st, 173 ft of Forty-ifth, ef, 14 it, dated Cet. 14 (Master in Chance to Joseph Riley Souih Hulsted Ft, 123 xi tt in same ad- dinen ‘14 (ame varty to Ht. 1,315, ay, 8 f, 39 ft to alley, dated Oct. 10(C. Olverg to 0. C. Hansen). 440 Lot on street s ftw of Langleyay and of Forty-seventh st, w f,25x12635 dated Oct. 14 (F. Gaylord to Ruth S00 Victor st, 240 ft § of Forty-cighth, e 1 24x it, dated May 21 (A. W. Windett to Bonter} 400 ev ted Sept. 1 F. Klein). 1,003 WEST OF CITY LIMITS WITHIN A RADIUS OF if SEVEN MILES OF TIE COURT-NOUSE. Humbolit st, 150 ft n of Waubansia, w f, TwxJ20 tt, dated Oct. 10 (John Johnston JrtoJ. B. Dw - $ SUMMARY FoR THE WEE: The following is the total number of city. and suburban sales within a radius of seven* miles of Ui’ Court-House - filed for record during the week ending Saturday, Oei. 15: Lacation. Sates. Amount, Cc ES S7801S North of city Tmits is Anas South of ini m Weet of city limits, 7 Total...... 180. 808.516 Total previous wee Jol. $818,053 BUILDING. THE BOARD OF TRADE. o No progress has been made by the Board of Trade in arranging for its new building beyond electing Mes J.R. Bensley, W. Dickenson, C. Counselman, and D. W. Irwin as 2 board of real-estate managers. A great and so far insurmountable obstacle proves to be ‘the prohibition in the charter against the board’s owning more than $200,000 worth of property. How the Board is to hold the new site and the building to be put onitand not forfeit its charter is a. puzzle that has not yet. been solved by its lawyers. Some of the members of the Board believe it has already forfeited its charter. PLANS ARE BEING BROACHED by those interested in the neighborhood of ALLEGED: SUBSTITUTE FOR BRIDGES. ¥ 2 RRR RE QqWWWwww SECTION ACROSS THE RIVER BO WW ! GROSS SECTION THROUGH TUNNEL (A-B) Scaue of Drawined:¥y3 INcu:1 Foor - ¢ ‘To the Editor of The Chicago Tribune. Cnrcaco, Oct. 15—I herewith furnish you with sketch of a proposod method of crossing theriver by tunnel, my judgment leading me to think this the only wholly satisfactory way of crossing, leav~ ing the river entirely free for vessels to pass to thelr destination without interruption, and remov- ing tho question ofelow¥t as regards time in crossing, also reducing tho loss of time in crossing the river to one minute at.ail times. tunneling in connection with the use of elevators. 70 feet. feet, making the length of tunnel about holes for clovators—the entire length of structure outside of walls being The'above sketch will mainly explain the method, which is by’ I propose to give a clear water-way of 150 Also forty feet at each end being used for well- 270 tect. There will besix arches, or tunoels—two for foot passengers, und four for teams and cars. - The well-holes at each end would be supplied with elevators of the safest and most durable construction, to curry any weight, including the horses bitched. ‘The hight of the drop, or lift, onthe side-of river where up- proach passes over railrond tracks would Le about fifty-one fect. On tho South Side, where there are none, the lift or drop would be about thirty-eight fect. The time occupied on elevators in crossing would be less than one minute, including the stoppuge ou the drop or lift. If there were four-team elevators at each end It would be as if there were one constantly in use movitig ‘ne way, delivering a car or waron ev vehicle to tho lift. The tunnel would require - first-class ry fifteen seconds of time on the average, counting only one work, and should vo well lichted and ventilated, the structure being so short, together with (he moving olevators, there would be no difticulty in this matter. No part of this work will come in tho front of private prop- erty. The viluc of elevators—twelve in ali—six at euch éna, would be worth, complete in every particular, about $80,000. The whole structure finished would not cost probably over one-half of what the present tunnel did—or about £400,000. The walls of masoury of well-holes would be fin- ished about six feet above the water live, the structure for cover of well-hole to be of iron open work, with glass roof. You will notice thnt there 1s 2 wide differenco as to whother.tho entrance to tho crossing shall be ut Randolph street, muking it necessary for everything north to the river to come two blocks south to entrance, or enter itnmediately at the river. The same’ objections do not apply to this as to the other tunnel. The elevators would be run only when necessary, they resting at thelr post at the top or bottom of shaft, oue-balf of the tunnels receiving one way and one-halt the other. ‘fhe question of cost, within reasonable limits, is not any part of the consider- ation. For this great city, it is only a problem of what needs to be done and what can be done tu do away with tho present and constantly-inereasing aunoyance caused by the present methods in crossing the river, and the continual passage of teams without Intermission will free tho streets largely from the blockade. the present building for the organization of a new board if the removal is petsisted in. There are shrewd men who believe that within two years there willbe two Boards of Trade, and that the richest and most pow- erful of them will occupy the site of the present board. ¥ COOK COUNTY INFIRMARY, The design presented by J. C. Cochrane, architect, for the new'Cook County Infirm- ary was adopted by the Board of Coumts- stoners on the 22d day of August last. Since that time the architect has been engaged in completing the working drawings, which are nearly completed. The plan is certainly original. The object sought ha been to secure light and air, therefore the pavilion plan has. been selected as the most feasible. To secure the greatest amount of sunshine the buillings have deen placed ir- regularly, radiating from two common cen- tres. ‘The administration and the four dorm- itory buildings are placed in front of a corri- dor whieh is in the shape of half a chain- link. in the centre, and dividing the corrl- dors, are the two dining-rooms and the kitchen buildings—comprising in all nine buildings, having a total front stretch of 440 feet. The arrangement of these buildings issuch t , THE SUN WILL SHINE into every room twice each day, striking one sideof the buildings in the forenoun and the other sides in the course of the afternoon. However difficult it 1s to accomplish such an \arrangement, the architect has done it, and to reat perfection. Mr. Cochrane has donc much towards educating the public in the method of constructing hospital buildings, and the witnesses of his skill are tue Cook County and Mic! built, a description of the latte! recently published in this pap The plin of the new infirmary is after the anodel of this hospital, but on a greater scale. ‘The buildings will be plain on the exterior, common brick walls, enlivened by red courses of brick and. red-bi arches: over openings, and surmounted with steep roofs, ona 45-degree angle. All the roofs will be pointed, thus producing a fine effect in the grouped buildings. ‘The plain roofs will be relieved by Louvre dormers with sloping roofs, while the ridges will have a black cresting. common to the style of arehitect- Se In the fronts of the principal buildings will be two and three story yerandas, thus forming a pleasant shade for the occupants, which will much add to their comfort and ‘The isMaticn of the buildings forms anoth- er guod feature, as it affords protection from fire. The central building is 48 by 7 feet, and three stories and basementin hight. In the basement are two large work-rooms and In the prineipal story is a wom- en's reading-room, men’s reading-ruom, and stair-hall... The ond story has nine pri- vate rooms and the stair-hall, white in the third isa large hospital ward and two. pri- vate rooms and the stair ‘The dormi- tory buildings are each 33 fuet by 120 feet, and two stories and basement. s ‘The two dining-room buildings. will be three stories and basement in hight, and are 38 feet by 63 feet in dimensions. The dining-rooms, to accommodate 1,000 people, are sv placed that No Fuop CARRIED more than twenty-eight feet. from the kiteh- en, and that the greatest distance from any of the buildings to the dining-rooms is only seventy feet. ‘Th accomplished by radi- ating all the buildings from the dining-rooms, so that they ean converge.to them, are planned seas to be heated by stexm or stoves, as determined upon by the Cotunis- stoners. "The administration building will be ventilated. by grates and direct flues in the walls. The dormituties will be venti- Jated each by four ventliating sh: fect four inches square, in which ar sheet-iron smoke pipes.” Registers wi placed near the floors nnd ecilings, the venti- lation being direct. The hospitals and. din- ing-reoms will have the downward ventila- tion, there being ventilating ducts placed under the flvor, and. connecting with’ two lafge ventilating shafts. -This is the same vlan adopted at the Michael 1 PERMITS WERE I during the week for the following buildings: Mrs. Eva Vorden, three-sto: d” basement, dwelling, 20 by 40 feet, No. 363 Ohio street, to cost $4,009; Lirenett. two-story and basement dwelling, 25 by 40 feet, Garfield avenue, “ear, North Clark street, to’ cost pe Ge nolds, three two-story dwell- ings, 48 by 42 feet, Nu. 3730 Johnson place, to cost $5,000: G. W. Brayton, two two-story and basement dwellings, 46 by 65 feet,.Vin- cennes avenue, near Thirty-fifth street, to cost $9,000; Glennon & Bee, one-story and basement boiler shop, 60 by 132 feet, Fuiton, near Cliuton street, to cost $5,000; J. B. 1am- mond, two two-story dwellings, 43 by 46 feet, Seminary,near Webster avenue, to cost $4,000; L. RO Williams, two-story and basement dwelling, 19 by GL feet, No. 627 Sedgwick. street, and basement under No. 629, to cost $6,000; John Walpole, three-story and base- ment dwelling, 25 by 3S feet, No. 27 Lincoln street, to cost $6,000; S. Petersen, three two- story and basement divellings, UL by G4 feet, Nos. 73, 725, and 727 Sedgwick street, to cost $10,000; Jerome Beecher, twelve two- story and attic dwellings, Calumet avenue, near Thirty-nfth street, to cost $42,600. Building is becoming dull, and an unusual proportion of the permits granted are for barns, cottages, aud other. unimportant structures. PULLMAN. Ivis stated that new locomotive works are about to be built at Pullman, and that the ground has been selected and Jaid out for them. ‘These new works will be situated avout half a mile north of the Pullman works. Five hundred. men will be employed. The capital is reported to be from $500,000 to $100,000, It is said, also, that the Ilinois Central Railroad Conipany. contemplates building extensive car shops near’ the pro- posed locomotive works, where it owns a Jarge tract of lund. * Rumor has it that Mr. J. 1. F. Wiers, Gen- eral Manager of the Pullman Works, has tendered his resignation, to take etfeet Noy. 1. Itis understood that ne will accept a po- sition as Master Car-Builder for the New York, Chicago, & St. Louis Railroad Com- pany. Ie will be succeeded, it is said, by Mr, Rapp, a gentleman who represents the company in Europe. FOR THE BRIDGEPORT PUMPING Works the City of Chicago has selected the block bounded by Asiiand avenue, Kerchi Dole, and May streets, if the latter were cut through. The building would be . 170x140, the additional ground being needed for coul- sheds, ete. Lhe works would front on Ash- Jand avenue, and a bridge be built over the cut leading to the South Branch, which is within a stone’s throw of the location. The water would be hvisted into. the old sixty- foot feeder, and pass through it to the canal, ubout 1,200 feet from Ashland avenue. BETTER TRANSIT. THE BELT LL Ata meeting last week of the Directors of the Railroad Belt-Line. Company it was de- cided ‘to limit the issue of stocks and bonds to $4,000,000, and to make a resurvey of the route. As no survey has ever been made, it is a wild flight of fancy to talk of a resurvey. CINCAGO'S SUBURBAN FACILITL | are being rapidly increased. The Lake Shore and Rock Istand Roads are pushing-the com- pletion of four additional tracks betw Englewood and Twenty-second street. This, with the two tracks now. in use, will give each road three tracks between Englewood and ‘Twenty-second street. For the present these two roads will have to depend upon two tracks from ‘Twenty-second strect north, as their right of way will not admit of more. itis understood. that the two road making exchanges of property, the Lake Shore taking what the Rock Island has cast of their tracks for their yards onthe west side of the tracks at Forty-third street. This. will facilitate trafic between Englewood and ‘Twenty-second street, as each road will then have two tracks for its passenger business, aud a separate track for freights. STREETS AND BOULEVARDS. THE LAKE-FRONT City-Attorney Grinnell has been _ called upon foran gpinion as to the right of the city scavengers to cross the Ilinois Central tracks te reach the Jake. Ie-decides ‘that the Illinois Central 2 l Company: is iv only entitled to a right-of way in front of Lake Park, and said company does not own obsulutely such propertyover which it runs itstracks. The city officials have a tight to pass over their tracks at stréet. crossings, such as Van Buren street, for mstance, and dump street cleanings inte the lake and on the shore, although no. one has a right to dump material on the space oecupied by their tracks. It seems impossible that thus right of the city can be ‘questioned. by the com- pany, i HI SOUTIL PARK CODUSSIONERS have..directed the contractor to deliver on Michigan avenue 800 yards of stone-daily as soon as the grading south of Twenty-fifth street is ready, It was also ordered that on the south drive of the boulevard, trom ‘Chir- ty-ninth: street” to . Fifty-lirst, sewerage draius be. placed iminediately, with counec- uous to the property adjoining every seventy- five feet, andin any section where the. ma- jority of the property-owners desire | it. opening of Michigan avenue 150 .feet south from ‘Thirty-first street, on the west side of the avenue, to the uniform width of eighty feet, the title to which is still in the hands'of the owners of: the property named. ‘ , . WHE.WEST DIVISION Committee on Streets and Alleys have laid over for one week the ‘ordinance for the opening of Union'street from Lumber to the river; recommended tho passage of the or- dinance for the widening of Jefferson street from Harrison to ‘f'welfth; recommended the «ranting of the petition for the opening of Congress strect trom Desplaines to Canal; recommended the passage of. the order for lowering the water-main on. West Washing- ton boulevard, in accordance with tlie peti- tion of the property-owners along its line: also that the petition of the Chicago, Bur- lington & Quincy Railway to be allowed to raise the viaduct at-I'welfth street, the grade to be carried across Canal street, and the ¢: pense to be borne by the company, be grant- ed. * SUBURBAN. SOUTH CHICAGO. Some important improvements are in prog- ress at South Chicago. Along the Calumet River, between Ninety-eighth and One Hun- dred and Fourth streets, extensive lumbe: yards will soon be in existence. One slip was begun.in April last; another, not com- menced till Sept. 15, is far advanced to- ward completion as the first. Each slip is 1,700x110 feet, and will be.dredged to the depth of sixteen feet. 1t is expected that the south slip will be finished in about one week more. Mr. Wilson expects to build 3,500 fect of river front yet this fall. A neygsteam-forge is in process of erection at that pla ‘The proprietors are Willard, Sands & Bell, who have an establistinent of the sume kind at the corner of Archer avenue and Butler street. Already the main build- ing, 251x60 feet in size, is nearly completed. Itwili contain ten steant-hammers and many furnaces. In addition to that building there will bea machine-shop 30x00 feet, and a“scrap-house ” 40x40, and still another for puddling furnace and rollers 69x60.. One of the furnaces and steam-hammers will start in a few days. EVANSTON is is good an example as any of the growth of our suburbs. Its population has increased ‘from 3,062 souls in 1870 to 6,707 in 1880, and its assessed valuation from $250,000 on §1,250,- 000 to $583,000 on $ 50,000. CUICAGO. ITs Gowri. A. good real-estate itém is that the direct foreignimportations at Chicago are now equal to those of Baltimore. Chieago is u denser city than most people know. The Chicago. Real-Estate Circular points out that a com- ison of acres shows that of our important ities three only—Brooklyn, Boston, and Cincinnati. HAVE A SMALLER ACREAGE than our own, and of ‘these three Boston has less than two-thirds and-Cincinnati but half our population. Of the remainder, New York alone shows a denser population than ours, having between 26,000 and -27,000 acres within its city limits, while, as compared ith Chicago’s 22,707 acres, we find 26,880 acres in San F co, 40,000 in St. Louis, and $2,800 in Philadelphia. When, in connection with these facts, take into account the immensely more rapid growth oz our own city, it is easy to account for the present rppid increase in the value of real estate in and near the city. ‘There Is no question of the fact that Chicago real estate is relatively far lower than that in any other city of the United States. In New York, businegs property has lately sold as high as $120 per square foot, and in Boston it has brought $100, No business property here has ever changed hands:at over $30 per square foot, snd since the panic.$35 has been the highest figure. IN RESIDENCE PROPERTY the discrepancy iseven more marked. We haye not at hand the figures for Boston, but in New York choice locations have sold as high as $4,500 per front foot for lots 100 feet deep, while within the past few weeks the highest prices paid here for lots 150 to 180 feet deep has been $500 per front foot. On ihe South Side such property, 170 feet deep, hassold for $740 per front foot, while on the North Side an offer of over $570 for lots 142 feet deep has been declined, showing about an equal value in proportion to tho depth in the two divisions. i STEAM HEAT BY WIOOLE- SALE. THE LOLLY SYSTEM IN NEW YORK. tupid progress is being made in the scheme for supplying steam to New York houses through street-mains. The Steam- Heating and Power Company of New York, which was organized two years ago, and went so far as to obtain authority for laying pipes in the streets, has been succeeded by the New York Steam Company, a large cor poration made up apparently, as such bodies often are, of private capitalists who use the corporate form in making investments, but without public announcement of their inte: tions. ‘The capital of the new. company is| sald to be $7,590,000, but none of the stock is offered for sale, nor has any prospectus been issued. Vigorous operations are, how- ever, now in progress, and in Greenwich street, north of Cortland street, the company is laying large. pides. Plans of the entire system have been filed with the Commission- er of Public Works, from which it appears that ten boiler stations are to be established between the Battery and the Central Park, from which steam will be distributed : B 3 OF MAINS, in the same y that gas is now delivered. Each consumer is to be furnished with a ice-pipe and meter, and regulators are ho wili fix the pressure at the l for any purpose, from one or two sper square inch, which will be sufficient for heating purposes, to eighty pounds, which will answer the re- quirements of y ordinary engine. The main pipes are of rolled wrought-iron, from four to fifteen inches in diameter. All of them are carefully packed with mineral wool, and the larger ones are finally cased with brick, while the smaller ran in wooden boxes, protected from dampness by wrappins with reofing-felt and tar. ALL THE CONDENSED WATE! is returned o the boilers, at a great initial expense, but with ultimate advant i point of economy in working. The practice of “hiring steam,” even from long di: isnow: so common in the busines New York that the suec of the new sys- tem in supplying power is almost but whether its use for heating purpo: be found always compatible with a s: tory service in other res; is - perhaps doubtful, although the great resources of the company should in’ the end insure success. WINTER SEASIDID RESORTS. A SUGUESTION FOR NEW YORK AND CLICAGO Apropos of the scheme vf Banker Corbin, of lowa and New York, to cover Long Island with suburban villas, the New York Heritld makes a plea for the establishinent of a sub- stantial, attractive, and -healthy seaside sub- :urb that shail be a place of pleasant resurt “in winter as well as summer, It points out that London has Brizhton ‘within an hour’s ride of Charing Cross—a city that runs down to the ocean, a city of fine hotels, strecis, and churches, with the comforts and con- yeniences of modern civilization—a city which ismore of a winter than a summer re- sort. Instead of running up these mush- room “villas” and hotels atong the Long Is!- and and Jersey coasts, built. without any re-, gard io safety or convenience, in. violstion of the laws of comfort and. sanitary welfare. Measures were taken to secure the | why not build a suburban town that would ANY MONTH IN THE YEAR? It may be that Long Island possesses the best site for such accity. It may be found in New Jersey.. Philadelphia has developed a winter seaside resort in Atlantic City, and the hotelkeeps of that watering place are preparing for. their’ winter season. “If New -Yorkers desire to go to the seaside. during . the winter they must visit a Philadelphia suburb. ‘There isan idea here for Chicago enterprise, People here: who huddle them- selves into their sewer-aired houses as soon ‘as winter begins have no conception of the beauties of the lake-shore in winter, or of its superiority for health over the filthy streets of the city. ae : Se FRENCH FLATS. TUF CITY HOUSE OF THE FUTURE FOR SMALL : FAMLLIES. ‘ Potter Palmer is now completing one of these buildings on State street, near Four teenth, and on account of the peculiar orisi- nality of plan-and peculiar merit from a san- itary point, we herewith present a diagram, showing the arrangement of the second floor. ‘The building has a frontage of seventy-four feet by 152 feet deep, and contains elghty-two rooms. ‘I'he entrance hall. is wainscoated and tiled with variegated marble. ‘The Board of Livalth have pronounced it the most per- fect building of its kind in the country. The public are invited to inspect the building on Wednesday next: A STATE STREET CORRESPONDENCE. THE BRIDGE PROBLEM. To the Editor of The Chicago Tribune. Cuicaco, Oct. 15.—I wish for a place in your valuable columns in whieh to urge upon your attention and that of our fellow-citizens generally, the extreme importance of treat- ing our bridge problem in « manner befitting what is probably the problem to be solved. in the growth of Chicago. Itseems to me that we are dealing with this question as one to” be settled fora limited fime only—say five, or at the outside ten years.. Our wise men talk of bridges that are to be broader and bigger, and more expensive. They are to be operated by steam or hydraulié power, and are to swing more quickly. There’s the rub —they are to swing. I submit that our present system is the greatest drawback to. the prosperity and growth of. our city that could be devised. Whole districts on. two sides of the city, within half a mile of, the Court-House, are comparatively valueless because of the un- certainty of communication, the smoke of tugs, the whistle nuisance, and the thousand and oue annoyances peculiar to a river neixhborhood. . We have three “sides”? whose commercial and social interests'are about as diverse as. those of so many different cities. Our commerce is brought almost to a standstill many times every day to accom- modate our marine interests. Life and property are risked in the insane rushing of accumulated crowds over the bridges in the interims of waterway com- meree, and the citizens who live through these peri!s to our age when nerves fail and rest is important are: finally and literally “© whooped”? inty our er: by our whistle- fiends. All of this “ calamity,” and more than can be told, is very largely the direct result of “swing” bridges. any sane win look forward to doing business in this place ten, fifteen, or twenty yeirs hence, with an inereased commerce on streets and river, and place amore and bigger swing bridges as the sole solution of our troubles? < It seems to me childish to expect that these devices can be more than temporary, and that we must not delay serving notice on the community that ata very early day the river. will be spanned by first-class permanent bridges. Lean sec the Chicago of 1900 pretty clearly asacity of at least 1,000,000 people. If th present system, or any modification of it, i: maintained, the streets of the South Side will be an inextricable jam from sunrise to sunset of each summer's day, and no nun- ber of bridges, be they never so wide and move never so quickly, can save us. ‘The main. business section, foreed by river, lake, and railroads, must “string out” down Wabash and Michigan. avenues and State street, so that we shalt havea “centro” some two miles long and three biocks wide. ‘The land contiguous to tne river will be “cheap” property, and all. t the terni im- plies, and as conmerce increases on the river it will be even more undesirable. Now I understand that the river is the city’s practically, and that the cityean bridge. ithow, when, and where it pleases. Sup- pose, then, we commence nore with perma- nent bridges, putting them in “to stay”; -building of stone and brick, wide as the streets, and gradually but as fast as we consistently can, replacing the old structures as above. When 1900 comes we will have # more symmetrical business quarter, as with permanent streets, wide bridges, business would uotstop at the river; much property would be redeemed, and all the real estate in Chicago would be benefited. Business could be done without the intolera- vile delay and annoyance that now obtains, and people living on different sides could af- ford to know one another and even make calls. ithardly seems possible that the damage to the interests of this city is justly appre- ted by those who propose to merely qual- ify the existing system. Neavy as it is in dollars and cents, the loss arising directly from delay is far from representing tne sum total of damages to our city. It is the point above all others wherein our city has been slow to show a just, appreciation and a com- |. mendable foresight. Is there another city of reasonable magni- tude.in the world wherein the land traflic is lsinade almost entirely subservient to the ma- rine? I think not. ‘There will be strong opposition to this from several directions. ‘The heavy land-owners in certain locali- ties will lock to their own interests and not to those of the city. «A compuct business sec- tion would serve the general interest, but a “ pan-handle extension would suit certain in- dividuals. Certain ‘dock interests would fear. this movement, though should the river and branches be vacated and pumped dry at some time in the future, they would be the’ gain- their disadvantages as compared with those to be located at South Chicago, in the onter ‘harbor, etc. But as every otherconsiderabla city in the country has to do more or less lighterage, we can probably adapt ourselves to the changes proposed. In time we should, I firmly believe, be abla to do away with -the river altogether, using its bed for huge intercepting sewers, tele- graph-cables, street and steam railways, ete, as has been suggested. Should this come to bass the city.should derive advantages that would pay for bridges, etc., several times over, and in that day the city would grow as a young giantess should—freely, and not em-. barrassed at every turn by te swaddling clothes of herinfaney. In that day“ profanity will become a com-* paratively unknown vice, the citizen will not “iniss” his tran, and his wife can cross the city, certuin that there shall be no bridge. tender or tugman.to inake her afraid. Liy. ing on the North Side, one shall go even unto the West or South Sides, and be sure he can return the same day.. Seiah! e. 1S 1T PRACTICAL? To the Editor of The Chicago Tribune, Crucaco, Oct. 15.—I have heretofore sug. gested the idea of enlarging the canal, de positing the earth out in lake, and selling tng land thus made in the form of lots. But, is it practical ? [ think it is, and that it will be. done. In the first place, think it is certain thatthe General Government, the State of Illinois, and the City of Chicago will give their assent. If. so, who else has anything to say about it? No one, I believe, but the Iiti- nois Central Railroad Company and the lote owners on Michigan avenue. Well, the latter class are all there together, - asisalso the President of the road. ‘They can talk and figure the matter over at their leisure; then, when they find that there is a. net $100,000,000 in it, the lot-owners can, and I think will, form themselves into a corporation and then con- solidate with the Iint Central Railroad Company and go jointly into the manufactur- ing of real estate, and incidentally. enlarge the canal, and thus connect the great chain of lakes with the Mississippi River and all of its tributaries, and at the sume time secure a perfect sewage system for the city, and that, too, without one cent of cost to. the State or city, and the whole thing can be carried out with a working capital of 32,000,000 or 33,000, 000, and therefore {submit the matter forthe considerauon of the parties above-men- * tioned. t $ But before doing so perhaps Lought to present some fizures. Here they are: To makea square mile out inthe lake and ad- joining Michigan avenue, assuming the av- erage depth to he fifteen feet, would require 15,488,000 cubie yards of filling; if we a- sume the required depth to be eighteen feet, it would require 15,585,600 yards; if we as sume the depth twenty-one feet, it would re- quire 21,633,200 yards. make a canal from Briizeport to Luckport 209 teet wide and, 15 tect deep from surface, dnd 30 miles long, would require an excavation of 16,100, cubic yards. ‘To make this excavation and. deposit it out in the lake, if-it could be done at $1 per yard, which L suppose it could, would of course cost just as many dollars in theaggregate—viz. > $16,100,000, and would make avout one square mile of solid land. This - square mile, after being cut up into lots of ordinary size, and allowing for streets and alleys, would give.a frontage of 2152,064-feet, which. at an average valuation $1,000 per front foot, would aggregate 3152,064,000. These are. fascinating figures, but still I ask, ls the thing physically prac- al? and I expect that the general reply i zht, be that it is-not, for you ¢ ake anew shure line so far out in the lake without its being washed away -by the action of the lake. ‘Io this I reply that fortunately the bed of the Illinois Michigan Canal is composed largely of rock, a arth excavation can be used for nz und the rock tor the outer hed away, but it practi butf want to knew what be thought that this is too biz to be taken_hold of by tie mentioned. If so, L then suggt t d companies entering the city en- general consolidation, and each und depots they, nuance for busines’ W. L. Saupson.-: terprise yarties above st that all of purposes, — THAT PRIZ! To the Editor of The chicago Tribune. j CricaGo, Oct. 16.—Ifaving noticed that a: prize of mouey was about to be offered for the best draw or hoist-bridge for our river, [ would like to say through your paper that if this amount of money. were divided into ten parts, offering a first and second prize for the best methods, and iso the different methods, the results would prove to be more satisfacto- ry. The great question to be settled is, the best method of crossing the river, so that the least” time is lost by either the vavigator or citizen. We can. scarcely hope that the river can be. changed “by cutting channels miles north or: south, thus doing with the present river. , The practieal question before us is to find the best system of crossing. ‘There would be aslight advanjaze ina lifting-bridge or in a drawbridge in the time occupied in moving it; both would require to~ be worked by power other than men’s labor. The present, swing-bridges might also be worked. by power so that half jthe time of opening and shutting would thus” be. saved. The’ bridges aré now swung before — the necessary time, which would — not be the if power were used. ‘The men would calculate their time without tear. Whether the bridge be swung oF lifted, or a ‘draw, in either case the bridge must’ be out. of the way before the vessel passes. There would be a very slight ad- vantage in the draw. or lift bridge over the swing, should the ing bridge move toward the vessel, but the bridge moves with yessel, so there could be very little advan- taze in time over, the present bridge, all be ing alike move fy power. The swing, lift, and dr: ewike liable to injury from the same cat » the wear and tear being about the same in all, It does not seem possible that any system of movable bridges, how: ever perfect, will be wholly satisfactory— the time is lost in the vessels passiy and not in. moving the ~ bridge All persons will agree they, are_not. frett about the time when the. bridge is about 0° close, or closing that time is short, and way, with power, be reduced. "There should bea first and secoud prize offered for the best practical method of crossing the river bY draw, lift, or swing-bridge, all worked by power; also, for any other inethod of cross ving, and a prize of substantial value for the ~ method which, being carried out, spout prove if complete in every respect. this way the best thought muy be stimulate and the outcome a satisfactory solution 0 the bridge questiun. D. G RULING STYLES IN FURS. Seal Sacques and Dolmans SU} the Fae > vorites. Fashion authorities alt agree that in spite of all rivals the seal’sacques and dolmans are more popular than ever this season. A few years ago they were considered a luxuryy but they have now come to be a necessity it the wardrobe of every lady who desires 10 - hoid 2 position in the fashionable world. Une of the first to bopujarize the seal gar ments inthe West wz e firm of Messrs. A. Bishop & Co., now located at 164 State. street, corner Monroe. -'They demonstrated. that seal sacques and dolmans could made as perfect fitting and as stylish look- ing us the finest silk or velvet wraps, and for. over fitteen years they have made seal care: ments a specialty. In this line they rand at the head of the trade in the United States, and their styles are copied in all the Eastern cities. ‘They secure the choicest selections of the London dyed seal skins, and every detail of the work receives the most careful wtention. TheirSeal dolmans and sacques, -: as well as their seal ulsters and circulars, are unrivaled for elegance and comfort, and it isno wonder the ladies think them so charm- ing. s bs : Seah oen Seame PE ASHBURNHAM, Mass., Jan.14,1980.—I bave beed very sick over two yeurs. They all gave mo uP as past cure. I tried the most skillful phys”: icians, but they did not reach the worst pi ‘Tho lunzs and beurt would nilup every night and distress me, and my throat was very bad. “1 told my children [ never should die in peace un- til T bad tried Hop Bitters. I have taken two bottles. They have helped me very much 1D: deed. ‘Lam now well.. There was a lot of sick 5) folks here who have seen bow they helped me and they used thom and are cured, and feel 3 thankful as I do that there is so vatuable 4: medicine made, = *_ Bins, JuuLa G. CUsuisd-