Cash Capital, Half Mlioa Dollars.
Invested in Registered Bonds of
the United States.
OFFICE 25 & 27 CHAMBER OF COMMERCE.
STATEMENT, JAN. 31, 1873.
flash Capital $500,000.00
Total Assets .$610,487.43
INVESTED AS FOLLOWS:
United States Registered 8end5...... ...5520.025.00
Bonds and Mortgages 30, J 11.10
loans, secured by Chicago City Railway
Stocfe .......V!. 17,500.00
Interest Accrued. 94 O.CO
Bill* Receivable for Inland Premiums... 000.00
Salvage and Reclamations 11,000.00
Cash m Com Exchange National Bank.. 2,185.74-
Cash In Company’s Office 1,764.21
Doe from Insurance Companies for Loss
es Paid 2,335.91
Premiums Due in this city and from
o£eo Furniture 1,702.97
_ T 8610,487.43
Losses Adjusted and Du.« None.
losses Adjusted and not Due None.
losses Unadjusted S 15,107.00
All other Liabilities. Taxes, Salaries, Ad
vertising, Printing; etc 6,633.55
S. A. EM 1 , Prest. H. C. RAMEY, Vice Prest.
WM, E. EOLLO, Secretary.
C. J. Blair, J, M, Hiohmond, Boffido,
B. A, Kent, N.T.,
Charles B. Pope, Ebenezsr Buckingham,
Asa Dow, Thos, L, Parker,
E.B. Stevens, Charles Comstock,
Julian S. Eumsey, W. D. Houghteling,
. Daniel A. Jones, H, 0. Eanney,
D. ff. Pearsons, George Btnrges,
A B. Burt, John Tyrrell,
J. W. Preston, E. A. Kent, New York,
E H. MoCrea, Marshall Pield,
Wm B. Doggett, E. A, Hnrlbat,
E P. Murphy, Charles P. Kellogg,
William Dickinson, G. W. Champlin,
fisorge Ellison, K. W. Dunham,
Eohert Warren, M. N, Jones, Buffalo, N. T.,
Nathan Corwith, Jas, p, Gage, Lyons, lowa,
CASH CAPITAL, -
ASSETS, Jan 1,1873
laaaa on Mortgage,"on property in Chi*
eagoand vicinity, rained at 8461.500... 9235*000*00
Interest due* and accrued bnt not dne.. 12*215.66
Stock in' Frnitport Magnetic and Sol*
phur Springs Co., market ralue
(Over 840,000 of this stock haring been
sold by the Co. at par daring tho past
Cub in First National Bank, Chicago.
and in office
Premiums in course of collection
Other property, consisting of Bills Re
ceivable, Office Furniture and Supplies,
Claims for Ee-Insoranco, do
Imks unpaid 811,760.30
lots, due May I, 1878 20,000.00
Losses in Chicago Fire,
paid in foil, oyer - - $60,000
WE, 172 LaSAtIE-ST. ;
6EOI.CLM.Pr6S. WALTER KIMBALL, Tms,
S. P. WALKER, Sec.
STATEMENT OF THE
FIRE rN’SUE.AE'CE CO.,
OF BROOKLYN, N. Y.
-A-OST X, 1873.
Capital - ‘ - - $250,000.00
Si &EEEEB W&
. • LIABILITIES.
“"oat of Losses Un
•S^E"~ 813 M:S
BAU. M. EOWHAE, Agent,
Boilers and Engines.
to purchase BOILERS or Engines will
bekat?hl» r to call upon the undersigned,
vur.^. t rf r york.and got prices for same. All work
that WZ*7 Articles not in store will bo furnished on
Also, ARTESIAN WELL SUPPLIES,
w eus put down on reasonable terms.
131 East Kinzie-st., Chicago.
E. BEACH & CO.
fessl Oners aM Contractors.
Between fir© and six tons of new Manilla
« cents per pound, to closo out. In lots to suit.
JOHN DAVISON, Oakum Manufacturer,
On Dock West End Lake-»t. Bridge.
I, w GOJ^JLm.
- $3.50 per ton, delivered. Wilmington,
■a “OCJaag coil, by car load, on track, s6.soper ton.
| ' J. C. GAI.DWEU. A CO..
‘5 163 LaSalle-it., Basement.
4 Jjfew Cliroino,
I THE xew recruits,
'tora Given to each Customer, by
GREAT ATLANTIC AND PACIFIC TEA CO.,
I and 138 Xwesty-second-st.
We have in stock a
very large assortment
of Fine Watches, Gold
Opera, Guard and Vest
Chains, “Gorham” Ster
ling Silverware in beau
tiful cases, and elegant
Jewelry. One price to
all, and as low as any
Jewelry House in the
IUTM & CO.
SAMS Bps A N X,
105 CLAHK-ST., Dlcthodlst Church Block.
Six per cent interest allowed on deposits, payable semi
annually, July 1 and Jan. I in each year.
Wm. Kelsey Retd, Cashier.
NOTE.—Until further notice, any boy or girl calling at
the Bank will bo presented with a pass book free, and
one dime deposited to faia orher credit, which stun can be
drawn out at pleasure.
Tho second dividend of 15 per cent ag&lnst
MARKET FIRE INSURANCE CO.
Will bo paid upon presentation ofJPoliciea to
O. W. BABBETT & CO.,
~ 120 LaSalle-st,
WRENN & BREWSTER
- ■ $300,000.00
- - 341,63435
Deposits Received and Interest Allowed.
Gold, Government Bonds, Local Stocks, and Commer
cial Paper Bought and Sold.
Collateral Loans and Commercial Paper form a leading
feature in our business, for the negotiation of which we
have unusual facilities.
Parties holding claims will understand that we adjust
the same In all parts of the world, without charges un
less we collect. Also, sue without attorneys fees. Come
e-pd see us. FRASIER’S Mercantile Collection Agency,
MONEY TO LOAN
On Chicago Beal Estate, by
MATTOCKS & MASON,
To loan on Chicago real estate, in ono Bam, for 5 years, at
tO per cent. Apply to ALFRED JAMES, southwest cor
ner Clark and Madlson-st*.
Republic, Home, Knickerbocker, Groat "Western, Chi'
cage, Eire, Germania, and Equitable claims cashed by
J. N. WITHERELL,
COMMERCIAL INSURANCE CO.
Claims against the above Company can be proved in
bankruptcy at the United State* Commissioner's Office,
No. 20 Tribune Building, where Information can be ob
tained in regard to the condition of the Company.
Banker and Broker, northwest corner Clark and Madison
eta., dealer in Government Bonds, Gold, Canada Money,
and Local Securities. Buy and sell on commission in
New York, Stocks, Bonds, Ac. Will also furnish at sub
scription price any of the now Railroad Bonds, free of
(f) nn| Now is Your Time
M J Mk 8B To take advantage of the run of prices
. % 8 I | "in Photographs. For lees than half the
■ I 8B I ■! regular price yon can get Pictoresat
I I i jy If SHAWS, 137 Twenty-secoad-st.
v_ Carte de Visitea, $1.50 per doz.
RE TOWNER & CO.
181 and 183 West hTadison-at., northeast
TEETH EXTRACTED WITHOUT PAIN.
Artificial Sets $lO, sls, S2O and $25
Pure Gold Fillings $2 to $.,
Silver Fillings .$1 to $?
Extracting Teeth, each 50 oen*
THE CAUSE OF IN DEN
tlstry Is his first-class work at reasonable rates guaranteed;
and always having the most skilful operators and assist
ants to accommodate all bis patrons. Rooms in Me Vick
er's Theatre, also 50 West Madison-st. corner CHnton.
CATARRH IS EEADILY^^^^PROPERLY TREATED.
From my knowledge of tho peculiar treatment for Ca
tarrh and Throat Disease, as practiced by Dr. Clesson
Pratt, of 265 West Madison*st., and from what I regard as
a radical cure effected at his bands, I urgently proffer my
testimony in behalf of others afflicted as 1 was. A, T.
BATES, East Washiagton-at. Chicago, Feb. 22.
Projosals for Cut Ste
Sealed Proposals will be received until Saturday, March
1, 1873, for the Stone Water Table. Door Sills, and Win
dow Sills for the buildings of the * ‘Edgar Thompson
Steel Works.*' Prices to be per lineal foot, for the stone
finished ready for the wall, and delivered on the ears of
the Pittsburgh, Fort Wayne A Chicago Railway, at Chi
cago. For plans and specifications call on P. BARNES,
Esq.. Engineer at Joliet Iron and Steel Works, Joliet.
Proposals should be addressed to
CARNEGIE, McCANDLESS A CO.,
479, 481 & 483 State-st.,
COR. EIjDRIDGE-COURT. -
ANX>EKSOX & CO., Proprietors.
TERMS, 52.50 PER DAY.
CHICAGO, SUNDAY, FEBRUARY 23, 1873-TWELYE PAGES,
To their New and Capacious Warerooms,
80 and 83 Adams-st.
diSS o7Vir C f”n I '/in<- V i t v= t,e “u tion t0 tbo eitnordln.rr
ROOMS th« their CHICAGO WARO.
NET ORGANS McounS?’ 1 °' OABI ‘
35 SffIMICES, $55 TO $1,580,
THE ONLY i^ < r^ can * lus j cal Instrument* of such ex
command a wM^°. t^i in i a %- anc * rcooffnhed excellence as to
ALWAYS MnH*?! 0 ?* premiums. including the
rind7.HdWn. t . tho ds Exposition. Of hundreds
aS a aKSIS« Wtl0B ?f the P hiV9 not been »lx la ill
where any other Organs hare been preferred to those.
HNTVERSALLY rccommcn^e d by eminent musicians as
.nvVtK* Possessing excellencies not attained la
•V , Sco opinions of ONE THOUSAND la Toati
THE MOST EXTENSIVE
at less cost than otherwise possible.
PHIRFR PIYPTI and as low 4s consistent with sernpn
liliULO XIAIiD lous employment of only best material
ILLUSTRATED CIRCULAR and TESTIMONIAL
CIRULAH, with important information about Organs,
which may save purchasers from disappointment in pur
chase of Inferior or worthless instruments or payment of
nigh prices, sent free.
Organs to rent, and ample time given in which to par
MASON & HAMLIN ORGAN CO.
80 and 82 Adams-st.,
USED AND RECOMMENDED BY
JULIUS BAUER & CO.,
"W" -A. 33 ■V.
We would call the attention of any one desiring
to purchase an ORGAN, to tho fact that the
SMITH AMERICAN URBAN CO,
Are about changing the style of their Cases, and
that tho proeent style of Cases will be
Sold at Cost for the Next Thirty Days !
Also a large assortment of
PIANOS at Eeduced Prices.
Address or call at W. W. KDIALL’S
Piano-Forte Wareroomu, Wabnsli-RT.,
corner Tlilrteoutfa-st., Chicago, 111.
GEO. F. BOOT & SONS
Have removed from 750 to their new and
commodious Warerooms, 283 Wabaah-av.,
near Van Buren-st., and offer to the citizens
of Chicago and the Musical Public every va
riety of Merchandise, of the best
quality, and atlowprices. Having purchased
large stocks of
STEGK & HARDMAN PIANOS, •
MASON & MMLIN ORGANS,
MINS, ACCORDIONS, GUITARS,
BEST GERMAN AND ITALIAN STRINGS, •
SHEET MUSIC AND MUSIC BOOKS, k,k,
They are prepared to supply the trade.
Wholesale and Be tail.
An entire Block, with east front, on Micblgan-av., and
west front on Wabash-av., opposite tho Rock Island
shops, between Forty-eighth and Forty.ninth.stj., for
sale on the most favorable terms. Also, lota on Wabash
av. between Forty-second and Forty-thlrd-sts. Also, lota
on Aberdeen-st. between Jackson and Van Bnren. Also,
- ono hundred lots on Second, Erie, and FourtF-sts., be*
tween Paulina and Wood. Also, four blocks, of 6% acres
each, corner of Ashland-av. and Seventy*first*st., in the
Jones Tract; to close out Eastern Estates nodor our con
trol. MATTOCKS A 31AS0N, Attorneys,
Yet? choice property at Kenwood Station, fronting east
on Lake-av. Lots very deep. Fine trees and shrubbery.
Beit residence property sooth of Chicago.
For terms apply to
WILLIAM H, SAMPSON A CO.,
141 LaSallo-st., Otis Block.
Eare Chance forTroutEaising.
. A choice farm of 250 acres, situated on the Fox River,
9 miles from the flourishing city of Elgin, with any num
ber of cold, living springs; 40 acres timber, balance prai
rie and bottom land. Two good dwelling booses, 9 largo
barns, with underground stables: now need as a dairy
farm; or will sell of acres, including springs and timber.
Will sell cheap for cash, or on long time. Address
J. W. RANSTEAD. Elgin. PL
An old-established mercantile house In this city would
admit a partner (special preferred) who could within a
reasonable time furnish from $20,000 to $30,000. This la
on opportunity that very seldom occurs, as the future
prospects look very brilliant, and to parties who can fur
nish good references the strictest investigation is invited.
Inquire of _
J. N. WITHERELL, 150 Dearborn-st., Room 6.
Wanted, to Rent.
A first-class for & boarding house, on the
Vest Side, between the river and Hoisted. Adams and
Lako-sU., from 30 to 40 rooms, all in good order, and will
ing to pay a reasonable rent, from May 1, IST3. first-class
references given if required. Address, at once, B 74,
TO PMTERS, PUBLISHES, k
WANTED—By an A 1 Pressman, well up in Book, Cat,
and Color work, a situation with a first-class house. Ad*
dress TBS, St. Charles Hotel, 48 South Desplalses-st.,
CARTES DE VISITE.
«n O A NIMBLE SHILLING IS BETTER THAU
US I A SLOW SIXPENCE.
•II I 81.50 will pay for one dozen PHOTO
-111 I GRAPHS, at SHAW’S. 137 Twenty
lU U second-st.. FOR TWENTY DATS
I V ONLY.
Avery choice and beau
tiful variety Silver, in
Cases, Spoons, Ladles,
Vases, Tureens, Baskets,
Urns, Casters, Etc., of
latest designs, is offered
at very low prices by
99 STATE-ST., cor. WasMmJon:
Elegant Gold Jewelry, Solid
Silver and Plated Ware,
Wedding Presents, Fine
Gold Watches and Chains.
Kieh Goods at Low Prices.
GONE & STRONG
101 East Madlson-st.
Worth of Watches, Jewelry, Sterl
ing Silver and Silver Plated Ware of
the finest quality at COST, to reduce
my immense retail stock. Call and
No. 452 Wabash-av,
JOHN 6, ISHLEMAK.
WANTED—A second-hand Safe suitable for a
The copartnership heretofore existing under the Ann
name of John F. Rathbone A Co., is dissolved by limita
tion. JOHN F. RATHBONE,
X EWIS RATHBONE,
*RANGE SARD, Jr.....
The undersigned hare formed a copartnership under
the Ann name of Rathbone, Sard A Co.
JOHN F. RATHBONE. Albany, N. T.
GRANGE SARD. Jr., Chicago, HI.
ROBERTS. OLIVER. Alban/, N. Y.
EDWARD BOWDITCH, Albany, N. Y.
Albany, Jan. L 1873.
Albany, Jan. 1873.
SARD & CO.,
OFFICES AND SALESROOMS,
CHICAGO 38 & 40 Cake-st.
DETROIT 23 Mohroe-av.
ALBAN! 9 & 11 Green-st.
151 Monroe-st., Room 15,
M Business that Collectors do, on
terms that SAFE Collectors do it.
Claims in all parts of the North
west COLLECTED or SECURED.
Special terms to REGULAR customers. In
quire about the Agency, its responsibility, etc.
For references and further details, send for cir
cular or call at the office.
MERVTN TABOR. Manager.
For the cure of cuts, running sores, neuralgia, rheuma
tism, ulcers, toothache, chlllblains. chapped hands, salt
rheum, burns, scalds, corns, and the prevention and cure
of BROKEN BREASTS. Ask your druggist for the
AMBER . OINTMENT,
or send an order to the manufacturers. It is put up in
earthen boxes, at 30 and 50 cents each. Address
PERKINS A CO„ P. Q. Drawer 527. Chicago.
Rospecfnlly informs his friends and the public that he b**
returned to hi« old Quarters,
Nos. 84 and 86 LaSalle-st, Eoom 10,
And that be will be (lad to see his old friends on and after
MONDAY, Feb. 34. A good (lass of ale, and choice as
sortment of wines and liquors. Cold collation every day.
Ann sl-50 Will Par for One Dozen
LSI Cartede Tisites,at
IIIU 137 TWENTY-BECOND-3T.,
I FOR 20 DAYS ONLY.
And ez&mina onr stock of Sod, and Mlnand Water Ap
CHICAGO WATER AND GAS PIPE CO..
• 50 West Washington-st.
I want occupants for Nos. 44 and 46 South Water-st,
Intersection of Wabash-av. Will be finished hr April 16.
—— - - H. H. HAAF. 112 Cottage Grove-av.
A meeting of Washington Camp No. 1 of HI., of the Pa
triotic Order Sons of America, will be held in Bethel
Homo Hall, cor. Lake and Desplalnes-sts., on Friday
Evening, Feb. 30. All old-and new members of the Order
are requested to be present. A good time is expected.
By order of A. T. FELTY, District Frost,
Special Communication of Chicago Lodge, No. 437,
evening, Feb. 25, at Oriental
Hall, LaSalle.st., for work E. A. Members will attend.
Visitors Cordially invited. By order of W. M.
. SAM. SEELKMAN, See*/.
Lafayette Chapter, No. 3, R. A. M., Oriental Hall,
No. 121 Laoalle-st-, Regular Convocation Monday even
ing. Feb. 34, at 7M o’clock, for business.
By order of the JOL P.
(FOUNDRIES, ALBANY. N. T.),
P. O. S. of A.
E. N. TUCKER, Secretary.
HALL. HALL. HALL.
fhn nnl Go to HALLS, 217, InestlTadi
l»ll l! son-st.. for fine BERLIN and
\ / *1 iREHBRANDT PHOTOGRAPHS.
llft g i The best cards made only $2.50
I Brins’ the Babies to HALL'S,
217 West Madison-st. We al
ways get perfect pictures. Ber
lin Cards only two dollars and
jfifty cents per dozen.
1 1 Take yonr Old Pictures to
iHALL for fine copies. Art flal
:jery, 217 West 3ladison-st. Ber
lin and Hembrandt Cards only
j52.50 per dozen.
M| West Side people will save time
and money, besides getting finer
Photographs, by patronizing
iHALL. 217 West Wadison-st.
I Everybody will save money,
and get more artistic pictures by
patronizing HALL, 217 West
Madison-st. Berlin and Eem
jbrandt Cards only $2,50 perdoz.
‘HALL, 217 West Mafiisofl-st,
,1a bound to beat the World on
I good work and cheap prices.
M NEVER MIND THE WEATHER.
Our lightning procets overcomes the
difficulties of cloudy weather. Proofs
shown and satisfaction given in all
.HAIiIi, 217 West Madison-st.
12.50. PIOTOGBIM $2,50.
J - . IE3I. ABBOTT’S
NEW PHOTOGRAPHIC PARLORS,
The first in New Chicago, are lust opened
and ready for business. All who wish the
best Pictures ever made in Chicago, at the
most reasonable prices, will do well by giv
ing him a call. For 30 days he will make the
most elegant BERTjTN CARPS at
$2.50 Per Doz.
MDOTIS 12.50 iff Dfi,
TOE THE NEXT 20 DAYS.
cr. imi. GrOinsrs,
170 West Madison-st.
1 8188 IS THE BUSH IS WORTH TWO
I IN THE HAND.
| SHAW will make, for the next SO
days. Carte ds Viiites at 51.50 perdos.
I 137 Twenty-second-st.
T | At 528 State-st., | Y
A DOZEN.* Opposite Harmon-court. IA DOZEN.
The new Town Clock Store (beet In the city), with three
Coon, each 31 by 112 feet In clear, besides grouted collar
now ready to be occupied. Store and location especially
adapted for Wholesale and Retail Clothing, Cloths, and
Furnishing Goods, or Dry Goods business, both much
needed by our Increasing trade.
Rent $2,500 per annum, and lease as wanted. Address
TOWN CLOCK STORE, Dubuque, lowa.
First-Class Job Printing Office For Sale,-
Doing a good business; centrally located. Forpartles
wishing to start business this is a rare chance, will be
sold cheap, No extra charge for good will. Terms made
known on addressing, with name and address, G 40,
FitzSimons & Connell,
CONTRACTORS AND TDIBER DEALERS,
Office, No. 236 South Water-st.
We bare on hand a largo stock of BRIDGE and SHIP
TIMBER and DIMENSION LUMBER, of every descrip,
tion, which we offer at low prices.
Timber sawed and planed to ozact sizes, and op to
eighty feet in length, and promptly delivered.
t-» Timber Yard. Sawmill, and Planer, corner West
Twenty-second and Union-sts.
Mcaete de tisites
PER DOZEN, FOR 20 DATS, AT
SHAW'S, 137 Twenlr-secoEd-st.
The beautiful Store, No. 35 Ad
ams-st., next west and adjoining
the Store to be occupied by Spencer
H. Peek for a Wholesale Carpet
House, and in same building; In
quire of DREW & NEWBURY,
Booms 8 & 9 Bryan Block.
Stores on West Vanßuren-st., between Canal and Clin,
ton. Four stores on North LaSallo-st., between North
Water and Kinzie. One store on Twenty-second-st., In
Central Wall Building; also offices in Central Hall Build
ing. One store on southwest corner of Hannon-conrt and
MATTOCKS & MASON,
Stores, Banking Booms, Offices, Sleeping
Booms, in the Burnt District; also, Dwell
ings now ready to occupy.
J. 2d. MAKS HALL,
House and Store Benting Agency,
. From May 1, 1873.
The docks and lots in the rear, near Lake-st. bridge,
with or without buildings, now occupied by the Union
Steamboat Company. Also the dock* in that vicinity,
with lot* In rear, occupied by John Granger. Also tbo
•.* Waldo Dock," with lots In rear. Also the dock now oc
cupied by Mears, Bates 4 Co. oa the North Side, at the
forks of the river. Also 340 feet of dock on the North
Side, east of Rnah-st. bridge.
_* MATTOCKS* MASON. 523 Wabash-av.
For a term of years, lots on Canal and Cllatoa-sU., be
tween Vanßuren and Jeckson-sts. Also lota on Canal
and Clinton-sts., iu the vicinity of Carroll and Fulton,
adjoining the Milwaukee 4 St. Paul Railroad connections
with the tracks on Canal-*:., by
MATTOCKS 4 MASON. 523 Wabash-av.
jGo to the STUDIO of our POPU
|LAR ARTIST. Mr. E. L. BRAND,
'whose work!* kept up, la every par-1
.tlcuLu 1 , to tho Terr highest standard
l°f Photographic Excellence, and
iwhose Elegant BERLIN FINISH
$ A of 'SHADOW" and “REM- 1
■Ta BRANDT” Photos, and the peculiar
JS manner la which he brings oat the
FEATURES of a picture, have won
bE3 for him a REPUTATION, and for:
hisPHOTOGRPHS a POi*DLARI.
_ Tr aecond to none in the country.
BP i BRAND has Instruments and light! jJw B B
iLERY, £96 Wabasb-av. J
s£\ TAKE YOUR
Old Pictures of De
ng ceased Friends
To BRAND’S, to hare them beauti
BEAM'S ART GALLERY,
BRAND makes a specialty of Child-1
Iren’s Photographs; so while the little
ones arc in good health, take them to
■his Studio, where you will net the'
Ihnost work for THREE DOLLABSj
Don’t allow cloudy weather to deter'
r Iron from going to BRAND'S. It Is 1
generally supposed a bright sunshine'
produces a nnor picture, but to the*
S contrary, “ CLOUDY WEATHER"i
SHADE 10 ” SOFT “ d £>EI ' ICATE ,
J\ "SHADOW” 4 **REMBEANDT” :
I B Phntos, in the finest Berlin finish, fur'
\J THREE DOLLARS PER DOZE&, at
i B RAM'S, 596 Valiasli-aT. i
Mr. Brand shows yon PROOFS of
every “negative,” dooa
2s OT restrict yon to
And guarantees all Photographs ta
ken in his Stndlo satisfactory
in every particular.
ART BALLEHY, 596 VaM-ar.
We are disposing of our M3SCEL-
ATONE-TEIRD LESS THAN REG
Book-buyers will do well to avail
themselves of this opportunity.
We have a very complete stock,
embracing Standard Works in His
tory, Fiction, Poetry, and General
The stock is being sold rapidly,
and, in order to get the books you
want, it will be necessary to call
COBB, ANDREWS & CO.
Rubber Clothing Company,
HAVE REMOVED TO
105 & 107 Madison-st.
Excepting our New York House, we have
the Largest Stock of BUBBEB GOODS of
any house in the United States.
GOODTEAB BUBBEB CO.
GEO. CLAPP, Agent.
F. M. SHEPARD, President. J. A. 3HNOTT, Sec 1 /.
361 X 363 Broadway Neiv York.
400 North Fonrth-st St. Louis.
607 Market-st San Francisco, Cal.
WILL REMOVE TO
80 AND 82 EANDOLPH-ST.
About March 1. Stoves. Ranges, Furnaces. Refrigera*
tors. Ice Boxes and the largest stock of House Furnishing
Goods in the West. «
UNEQUALLED FOR 9
SAFETY, and '
Parties desiring Elevators, or Information thereto,
should call and examine, as we can show them that tber
cannot afford to use anj other, EVEN IF ALREADx
W. E. HALE & CO.,
S. E. Comer Slate and Waeblngtoa-ste.
PIOTOSBM & AffTOfißiPl
AT -WHOLESALE AND RETAIL, BY
GULVEB, PAGE, HOME & CO.,
118 AJNX) 120 3IQNROE-ST.
The Activity in Real Estate Declines
With the Mercury.
A Plan of Selling Property by
Selling Paper First.
Montague Tiggs in (he Seal Estate
The Dangers of Buying Dots
Without Seeing Them, .
Transfers for the Week.
Unfavorable weather affects no other business
so much as the sale of real estate. No sensible
man will buy ground without going to look at it,
over it, and around it, and all around
he neighborhood of it. There are people who
buy lots without these preliminaries, but, in nine
cases out of ten, they sometime wish they hadn’t.
Instance the “Boulevard Addition” of Goorgo-
W. Scott, and several similar “ suburban ” addi
tions, two of which wo call to mind now as
“ south of and adjoining the town of Hyde
Daring the few days of pleasant weather in
the first half of this week, there was a percepti
ble increase in the inquiry and negotiation
for suburban lands, but the activity baa
declined with the mercury in the
thermometer, and it is not probable there will
bo much done until the advene of milder weather.
Considering tho difficulty of negotiating reat
estate paper during the past month or two, it ia
a little remarkable that the volume of transac
tions has kept up so well. Many of those who
speculate in land depend on the sale of the pa
per they take in the sale of one piece of ground
for money to buy another, and the difficulty of
selling the'paper this winter has been the means
of greatly diminishing the number of sales.
The demand for single lots at prices ranging
from SSOO to SI,OOO baa not been affected by thd
stringency of the money market, because th»
purchasers are nearly all mechanics or salaried
men who have had the money lying in savings
banks for that purpose. The supply of money
offered by brokers and loan agents is, however,
increasing, and it is pretty safe to predict that
when the grass begins to sprout speculation ia
suburban property will be as active as in any
THE FLAN OF HEAL ESTATE PAPER ”
to sell, has been resorted to in a good many in*
stances lately. “A” owns a ten-acre tract in tbs
suburbs, or has built a block of dwellings, or a
business block, which he wants to sell for. say,
SIOO,OOO. Failing to find a bona fide purchaser
at once, at that price, he gets some friend, “ B,' v
tobny it nominally for $125,000. “B”getaadecd
to the property and gives his notes and a mort
gage back for SIOO,OOO. With the mortgage and
the SIOO,OOO of notes representing four-fifths oC
the nominal purchase money, “A” goes to some
other city and sells the notes and security to
*• C,” who thinks that it cannot bo
a bad investment if 14 B” was will
ing to pay $25,000 down and give bis
notes for the remaining SIOO,OOO. When tho
notes come dne, B is, of coarse, nnahle to pay,
and, having never paid tho $25,000 in the begin
ning, does not care; C either forecloses, or the
property is transferred to him by agreement,
and the net result is, that C has bought the
property for just tho price he could have bought
it of A for. It should not be understood that
this is a common practice, though it is known to
have been done in a number of cases. It is to
bo condemned, because, like all other deceptive
transactions, it makes a fictitious standard of
prices, and has the effect to throw a general dis
credit on the whole volnme of legitimate trans
actions, and when found out, as it inevitably
will be, is an injury to every man who offers to
sell property or real estate paper on an honest
SWINDLES IK “CHEAP SURURBAK LOTS ”
are getting to bo eo numerous that unless some
stop can be put to it the whole real estate busi
ness will be seriously affected br it this spring.
There are dozens of plausible Alontague Tiggs
in this city in the real estate agency business,
and nearly all of them make a specialty of
“ cheap suburban lots ” which are utterly worth
less, but which they contrive, in a dozen ways,
to'sell to unsuspecting workmen for prices rang
ing from SSO to S3OO each. Many of thee© fel
lows have respectable-looking offices! and make
a show of legitimate business, calculated to de
ceive even some reasonably shrewd purchasers.
Many of them get, by some hook or crook, rec
ommendations from respectable and honest peo
ple. In short, these real estate swindlers
are assuming such an alarming degree of plausi
bility, and are got up in such elaborate ways, that
in many cases it is difficult to prove the swindle
legally, and yet it is apparent to common sense.
The swindlers are, in many instances, so well
posted in the law that they defy it, and if the
press makes the charge, it is at the risk of a suit
A REAL ESTATE SWINDLER COME TO GRIEF.
Lot C. Whitford. a well-known dealer in water
lots and subdivisions of divers swamps in Hvde
Park and Lake Townships, was arraigned on Fri
day before Justice DoWolf, and held to bail to an
swer at the Criminal Court to a charge of swind
ling, preferred by Joseph Platt. Several of
Wmtford’s victims were in Court; others are al
most daily turning up, and the prospect is that,
for seme time to come, be will bo sufficiently
busied with past real estate speculations to have
little leisure or inclination for fresh enterprises.
His plan of operation was somewhat original.
His agent, or “ pal,” advertised in The Trdjunb
for furniture, hoises, wagons, Western
lands, etc., in exchange for suburban
lots. Inquirers would be shown some
nice-looking vacant land in some attrac
tive locality, as the property of Whitford, and a
trade negotiated by the agent. Whitford takes
the property offered in exchange and gives a
deed of soma swamp lots, five or eight miles
distant from the spot shown to the unsuspecting
victim. These being usually ignorant laborers,
farmers, poor widows, strangers new to the city,
unaware of the importance of an abstract, and
unable to fee a real estate lawyer, thinking of
nothing so much as a little cottage on their
“ suburban lot,” take the “prominent real estate
dealer at bis word, and scores of them are per
haps jet ignorant of the fraud which has been
practiced upon them. WhitfordV escape dodge
was, of course, his ignorance of the fact that
the agent hail shown the wrong lots; while
the agent, in his turn, pleaded that he never saw
the deed, and did not know its contents. No
other field for the Chicago swindler is at present
so fertile as the real estate business, and cons
is more industriously worked. For the reputa
tion of the city, and the interest of all honorable
dealers in real estate, it is to be hoped that the
fate which, at least, overtook Fuller <t Bain
forth, may soon be visited upon some of these
miscreants who live by ficecine the honest, un
suspecting seekers of bumble nomes in Chicago.
STILL ANOTHER CASE.
Jacob Cohn and Melvin W. Palmer, of tbo real
estate firm of Cohn <fc Co., were bound over by Jus
tice Cannon to appear at the March term of the
Criminal Court to answer to tho charge of stria*
dling a Mr, Getz out of $4,500 worth of goods—
being part of hia stock in trade on State ai£cct —
which said Cohn <fe Co. eacceeded in getting
possession of by the transfer of 30 lots in “Bus
sell's Subdivision,” situated in the swamps, 2
miles south of the mouth of Calumet River. It
seems Cohn & Co. told Mr. Getz exactly where
the lota were really situated, and, therefore,
could not be charged with misrepresentation in
that pstricular, but they also persuaded him tha*
thevcould retail them all out for $135 tosi6o each
within a month, and to convince him of this the*
got three “ Peter Funk ” purchasers to com" ii
and make bargains for three of'the lots wh : <*h
thoy ircre tohuy of Mr. Getz as soon mhem)
his title to the whole. The three Peter Fu : L
even paid S2O each to Cohn & Co., to bind !-•
bargain, the money, of course, being handed
back to them when Getz was gone. The retail
of all this trickery was that Cohn * Co t-o‘
possession of the 34,500 worth of i;oo-le.' an j
Getz got the thirty worthless swamp lots.
DOZENS or BUra-AE CASES
Qonbtlces occur, in which ourchaaera are awa>.-
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