Illinois News Index

D.M. Erskine, Jr.’s Insurance and Real Estate Journal (1883), 5 May 1884, p. 2

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The Journal. REAL ESTATE AND LOAN AGENT The annual rent; r911 of the Astor estate in New York city alone amounts to over $8,000,000. ‘ 183011) B! ) D. M. ERSKINE, Jr., On Tuesday before Judge Drum- mond of the United States Court the Chicago 8: Evauawn R. R, were again victorioué in two more of their units, with the North-western. The Directors of the Chicago Dri- ving Park voted to have Sunday rucâ€" ing upon their groundn. The press and pulpit denounce uuch action in unmeasured term-a, nnd ‘well they may. Too many mule have al- ready been made upon the peace and quiet, 01 the Sabbath. Hence we say, halt! _ ,The last few‘days have witnessed in New York, what the newapapérs and commercial circles aré pleased to term 9. “financial flurry,” ‘ but which, in point of fact is nothing nioré’ than “a failure among lgani. blers.” This is no time to kick up 1; fool; and cry “panic.” The state'of trade and the éusy cdhditioii of the money market is not going to make anything of the kind possible at this or any other period in the near fu- ture. ‘ A Chicago paper in its columns the other day, asked the question: “ Why should Government bonds weaken?" The question is very eas- ily answered. Very few men of‘ any business segacity will invest funds in a security that requires five years interest to be paid as a premium, while first mortgage security on Real Estate, :3. much better inducement, is ofi'e’red and into this channel there will be much more wealth turned in the future than has been-in the pest; ‘ An anonymous person pretends to have found a plumber’ a bill, running as follows': “Finng up Smith’ a bdst. ed‘ pipes, to wit: Going to see the job, $1; coming! back for tools and help, $2; finding the lea ,' $1.50; sending for more help, 31. 5; going back for solder forgotton, 31,50; bringing the Hglder, $1; burned my; Pi} , We represent none but. first; clu- compsniou, sud our “toque an 10"“ past upgrimoe will justify. INSURANCE. Chicago Real Elute. [l-‘rmn own. Enkhn Co‘l Epoch! Ctmum.) Real estate in Chicago has been in pad. years a good medium for the profitable investment of surplus funds. Is itnow 'f This is a ques- tion that many people ask us almost daily. Please allow us in this short circular to answer one and all. We firmly believe it is, if the same care is exercised in the selection of the property to be purchased as is exer» cised in other kinds of business. There are locations where property will not be likely to advance much for a few years to come, while in other more favorable localities it will ,doubtlese continue to advance very lrapidly, because the growth of the city in those localities is rapid, and will increase every year. \Vhile such are facts, as we believe, we confidently predict for the future of our city a healthy growth, both in wealth and population, for many years to come, and generally a cor- responding advance/in well located real‘estate. That /the city will con- tinue to grow as rapidly in the future as in the past does not admit of a doubt in the minds Of those who are well acquainted with the causes of a city’s growth, which mainly are agriculture, commerce and manufacâ€" ture. The agriculturalresouroes of this. city are ' certainly unlimitable, and are being morezactively devel- oped than ever before" Its commerce is also rapidly extending, while in manufacture it is becoming more prominent daily. But these are not all the causes which operate to in- crease the population ofa city. It is well known to the statistician that as wealth accumulates in any'centre it has the tendency to draw other wealth to it. That is, wealthy per- sons Will flock to a city for a wider 'field of operations, and to live in the society Of other wealthy people, and I:tjtius' our banking capital is conse- quently'increased.‘ i’ill the above ’reasoiis, with many other minor Ones, lead he :to believe that we are safe in saying that present judicious investments in Chicago real estate will still continue to pay a, larger dividend for a term of‘years to come than any other investment which 'can be made. The Solid Content a? Farmer H83. 3 Farming in a slow way to make money, but then there is a. law'of compensation about everything in life, and farming has its blessings that. other pursuits do not have. The farmer belongs to nobodv. He is the frees-t man upon earth, and the most independent. He has )9. house in the country, with plenty of pure air and good water. If he makes but little in the field, he has no occasion to spend but little. He can raise his own hogs and shoe had agile md chickens. His woo? costs nothing, end the luxury of ‘big heck-logs and bluing fires in open fireplaces all winter long is some- thing that city people long for, but cannot sfi'ol’d. My own farm cost me $7,000. I have 120 scresaf open land in good condition, and it yields me on in: average about five dollars an sets over all expenses. Say 9 per cent. upon the investment Well, that is mighty little, consider- ing my own labor and supervision. I' ve seen the time when I made five times as much without any capital except my “head. But then we have to keep a pair of horses to ride around, and they have to be fed from the farm. There are little leaks all round, but still we are happier on the farm than we were in town, and feel more secure from the ills of life. We fear no pestilence or. disease, no burglars or thieves. W lock no doors, and Mrs. Arp has quit looking under the bed for a man. I love to hear the’} roosters crow, and hear the peaâ€"7 cocks holler, and see the max-tins sailing round the martin gourds. I love to hear a neighbor stop and chat about the growing crops} I love to take the children with me to the watermill, and fish below the dam amid the roar of falling waters, or paddle around the pond in an. old leaky batean. I love to wander through the woods and glades, and wear clothes that dont get no older ‘ or airtier, and get caught in a shower of rain it I want to. Old man Hor- ‘ ace remarked about 2,000 years ago that the town was the best place for a rich man to live in, and the coun- try was the. best place for a poor man}, to die "in, and inasmuch as riches were uncertain and death'wae sore, it become} a‘prudent mané to Lmove to the .eoimtry as soon as he can get thegfiFarmers ' hate their ups and do _,‘6f course, but they «don’t collapse‘ and burst up like tradesmenâ€"They [don’t go» 'down under a Danieâ€"Bill A17). - ’ Thcy Never Die. Is this house to rent? It is. You seeit'has‘téxx the front, and the letters a distinct. I Does the woman who pulled the bell desire to house? Oh, no. As sodn as the. (looris opened the follovfing conversation will take place: “Is this house for sale?” “No, ma’amâ€"â€"â€"it is for rent." “\Vhat would they ask if they were going to sell it?" 7 “About 86,000.” “Wouldn't they take $4,000?" “No, ma‘am.” - “Then it is not. for sale." “No." . “Wasn’t it for sale fast year? I do not know}l “Won't it be in the fall?” are very has just rent the E on “I can't. say." “Can I look it Over? I don't want, to rent, of course, but i! I should happen to lime; plan of the inter- ior, and the rooms just suited, and the neighborhood was-all right, and I get some money I am expecting, I might possibly want to buy someâ€" where within‘a mile of this corner.‘ And here comes another woman. Does she desire to rent the house? You shall judge for young. Lis- ten: ’ “Is this house to rent?" “Yea'm.” “O, I thought it was to be sold at auction.” ‘ “Né’m.” "Hasn’t it ever been sold that way?” "Never." “And won't‘ it be in the fall?” “No’m.” “Then it is to rent?” “Yes’m. ” “Well, I don’t want to rent, but. T11 look it over and if it suits me I' 1] keep the location in mind. , I may :run across some one whcf'wants a. home." " Houses to Rent.â€"â€"We have re- served for late applicants, a. few 'choice places, and while it is our de- sire and intention to be accommo- dating, ‘yet we cainnot hold these places subject to call much'longer. in the but 5nd. shown route to find from Chingo 3nd Council mum. (Omaha ), and ch“ 11 1. preferred by all you posted travel- or: when naming morfmm V l_3_hjcagq amj St. Paul; and Minneapolis; Adion ii few of the numerous points of superlo ty surged II the "trons of this 1:09.01“? up _D CO on _ rwhlch are the Ituno opontx we be" route and the short line between Muwnukee. LI. Oroepe 8 arm. HadhonJ‘ort Howard Green Bay). W 3.. Wino’nn. Owaton- nu. Men a Inn)" Cadu- Rapids, Des- Molnon. We tar City. Algona. Clinton, MnrehullmwnJowe. Freeport. Elgin. Rock- ford nl.. no emonzu “.000 local stations oqtégnneu. A finest. thlt human nrt and hmenuitv can o'eaw: [t9 PALA'I'IAI. ILEE uq CARR. WL. the like of which we not. run by any othnr rand anvwhere. In almrtilt is any'rnul that ['1‘ 13 run BEST qu‘ ['PED ROADJN THE WORLD. I81 mm of inmost Northwawmnd West of h go.lmsinedscentresjummer resorts nnd noted humlng and fulfill; gmundn HT" accessible by the Various branches 0‘ this road. rounds um sen-sauna by the vnrloun mnche- of 1.1113 rand. It own: und commlu over 5,000 mum: of mud Ind has over hmr hundred wanna” oonducmrs constantly egg-lug {or my mn- liongofpntrpqa. ‘ whl hare models of comrort ands snag ALAOE DRAWING R00 CARS, which aria unsurpassed by any, and m \\ l-le- ly oelebnmd NORTH- WESTERN DINING CARS, Auk your ticket ant for tickets via thin route, AND 'I‘AK NONI OTHER. All leaning ”chat wont.- [tell them. It costs no more to tnvol on this rogue. thn 11v"- first!» class Locommodntlonl. t An ll doe- m go by th: poorly equgppgd‘gonda. 7 VFérT-Xin; léircfi'itjve clr‘culnru and num mar resort plpel'fl. or other Inrormmhm nu! chum-hit "your loci] flokot che. write to the . ‘ , GEM]. P188. AGENT. C. h In". B", cunneo. In. ‘ Y ALL oboe "BEST EQUIPPH uurogmu cowamq film on: m. ha ran a and Chicaggsl Nuflh- Westem AILWAY RAILROAD "fin: womE n be ton"; Wuhand um ‘mo’?

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