National Republican., 1883-06-09
GROWING GREATNESS.
Washington Pictured as the Future Paris Of
the American Continent.
The Real Estate People Have Unlimited
Confidence in the City's Future.
The Prospect Never More Flaering For Continuation
Of the Boom 10 tho Last Day in the Evening.
Record OF tho Notable Trnnsactions i'm
District Property For the Weok.

Zone of the peculiarities of this boom in
Washington real estate, If it can bo called a
BOOM" said Mr.. Presbrey yesterday, is tho
largo number of buyers from tho outside. Tho
people of tho nation are beginning to realize
that Washington is one of the best places to
live in the United States, and great num-
bers of well-to-do men are turning their eyes
this way. Washington in the no distant flu
ture will be the Paris of America. 1t will be
a winter Saratoga, and the impression that it
is unhea lthy in sumper will wear away. The
truth is Washington is one of the healthiest
cities in the country. am getting up some
statistics ON that very point, and you would
be surprised at the result. The time was
when nearly everybody wanted TO get away
from Washington in the summer Our citi-
Zens are getting over that notion, and more
of them are staying here through the summer
season than ever before. The midsummer he
gira does not exceed 15 per cent. of the popula-
tion now, If indeed the percentage is that high.
l am firmly convinced that no city in the
union will experience such rapid increase in
population relatively during the next ten years
as tho national capital. / have great faith in
Washington. 1t Is destined to become So
cial as we'll as a political Mecca Retired
merchants manufacturers, bankers, and
naturally want TO see and mingle with famous
people, and they cannot find them anywhere
else so readily as here. They will therefore
gravitate this way inevitably. Once here
they will never want TO live anywhere else"
Hundreds and thousands talk and feel like
Mr. Presbrey, and that is the cause of the
activity in the real estate market. The boom
Is no mere ephemeral movement as some
croakers profess to believe. 1t is based on
solid confidence in the future of the city.
Real estate dealers were very busy this
week, and innumerable small sales are re-
ported. Several large deals arc in the wind,
liable at any time to be Consumated. There
were no startling features in the market. The
volume of business was quite heavy in the
aggregate, but as before stated the list en-
braced few transfers involving big Jumps of
money.
The Hill purchase of the Columbian col
lege property was entered on record day or
two ago. The purchaser has plated his land
according to plan of his own, and expects
to clear $4,000 on the venture. He says he
will probably not put any of the lots on the
market before fall.
II is said that Senator John Sherman will
clear nearly 100000 on that north boundary
purchase of his. The property, IL is under
stood, stands him considerably over 100000.
Nobody knows better the market value Of
great names than real estate operators, and
they are anxious to locate famous person
ages on their pet subdivisions.
Ex-senator Blaine. according to report
cleared enough on purchases and
sales of property around about Du-
palace. The story is that he bought a great
deal of land in that vicinity before planting
the stakes for his residence. If Vanderbilt,
or any of the New York millionairos, con-
clude to build here, and it is not unlikely
they will, they will do little trading on
hAtN a.aN
sound their trumpets until they have secured
retusals ON much desirable territory.
Deeds for the property on Lafayette square
lately sold to Mrs. Catherine V. r. Berry by
IL. b. Rathbone for $4,000 have been entered
on record. The sale of piece of business
property on Pennsylvania avenue, near
Seventh street, by w. w. Gait to David Il.
Yulee for $4,000 was also recorded.
Some of the Chicago friends of Gen, Phil
Sheridan, headed by l.. u. Letter. the retired
dry goods millionaire, have dubbed together,
and bought him handsome residence ON
Rhode Island avenue, The transaction was
closed yesterday. The house belonged to
Judge Adds and the price paid was $4,000
1t is the intention of the gentlemen con-
cerned to surprise =" Little Phil by pre-
senting the dwelling TO him when he comes
to Washington to take command of the army.
Among the building permits taken out
during the week We're the following
"
street, between + aud q streets, 500, 900;
Mrs. George Todd, a brick dwelling on JEFF
ferson place, $4,000; John Davis, a brick dwell
ing on Connecticut avenue, near Rhode
Island avenue, $1,000; O. J.HIllyer, six brick
dwellings ON Hillyer avenue, $4,000; @. w.
King, eight dwellings on b street, between
Sixth and Seventh streets northeast, 10000.
The work of demolition is rapidly pro-
crossing upon the old Chronicle building, No.
GIG Pennsylvania avenue, which is to make
way for the new fire and burglar proof build
ing Of the Safe Deposit company. According
to tho plans proposed by Mr.. j. g. Horn
blower, the architect, it will have q frontage
of "a feet by depth of 95 feet, running back
to the north side Of @ street. 1t will be
three stories high, and have gran
ito and brick combination front, Civ
ing the structure very solid and
substantial appearance Tho first story will
contain the general business Office, beyond
which, separated from it by large iron doors,
are tho vaults and private rooms The vaults
will be steel lined and walled in separately.
This part OF the building will be supplied
with all the arrangements for business con-
venience to be found in institutions of this
character. The different stories will be sepa-
rated by floors Of iron beams and brick
arches.
In his report to the secretary of the interior,
submitted yesterday, Gen. NJ c. Meigs as
experimenting engineer aud architect of the
new pension building, states that the cellar
walls under the southern half Of the building
have been completed, excepting tho two
upper courses, The north wall of the court
yard and Of its east and west walls north of
the center line have been raised nearly to the
level of the floor of tho second story. The
exterior wall of the north half of the building
has been carried up to the sills of the ex-
terror windows of tho first floor. The amount
expended up to date is $29,765.57; balance
remaining $3i2713.01.
1t is understood that Mr.. Wormley, of
Wormley's hotel, some time since offered to
purchase the present German legation build
ing on Fifteenth street for the purpose of en-
larging the accommodations of his hotel, and
that Baron Won Eisendecher the German
minister, has recommended to his home gov
ernment the erection of suitable building
in this city for the imperial German embassy.
No decision has as yet been made by tho Ger
man government, and tho matter will proba-
bly, remain unsettled until next winter
No Teas $40 TO Wimbledon.
New YORK, June S.-AIr. Alex. f. Kur-
sheedt has addressed the following TO the
Office of tho associated press in New York;