The Sunday herald and weekly national intelligencer., 1891-09-13

The real estate marke has been practically
at standstill during the past week. Very
few dealers report any sales, and even those
that were made were not very large. This
condition, however, does not cause any
anxiety among the agents who are all conf
dent of most successful fall season. They
say that the advance which was noticeable at
the first OF the month was due to the return
OF few of the active operators in realty
These people secured the property which
looked most promising at that time, and are
now looking around for further purchases
The heavy investors, the agents say, those
whose dealings most largely affect the con-
ditien of the market, are still absent from the
city, and until they get back the greatest ac-
tivity will not be apparent.
That the season will be anything but dull
is anticipated from the large number of in
quires about property which agents receive
every day. "There seems to be q temporary
standstill," said prominent agent, sbut this
is only due to the fact that each fall when our
investors return to the city they begin looking
around in order to see in which section of the
city operations are liable to be most active
before they purchase. You will see that in
the next week or ten days the market will
have very different aspect.n
The largest transaction which was reported
was the purchase by one of the members of
the firm of Spear g. Videtto of tract of land
in Alexandria for $500.
Building operations on the other hand were
never in more fourishing condition. The
permits issued during the week were largely in
excess of those of the week previous. During
that week there were issued "a permits for the
erection of 45 buildings in the northeast
section to cost S36,SOO, 5 buildings in the
southeast section to cost $53, 500, and build
ings in the county to cost $685. 200.
The permits issued during the past week
provided for the construction of eighteen
buildings in the northwest section to cost
$4,000, eight buildings in the southwest sec
tion to cost $4,000, fifteen buildings aggrega-
ting in cost $l2S, 700. Last week there were
twenty-eight permits issued providing for the
construction of ffty-fve buildings aggrega-
ting in cost S262. 300.
The largest structures for which permits
were issued were for the two ca r-houses
which will be erected by the Washington and
Georgetown r. R., one will located at the
Navy Yard terminus of the road and the
other at Mount Pleasant. The former will be
the finest structure in that vicinity.
public wafting-room, apartments for the
use of conductors and gripmen, space for
car storage on both floors, electric light
and steam heat. both manufactured on the
premises, will be among the conveniences.
The building is TO front 300 feet Oh Eighth
street and extend from L to NJ, depth of 98
feet, with the rear on 25-foot alley, the
ground space being the east half of square 9O7.
twill be two stories IN height, constructed of
red brick and brownstone and will cost
$4,000. The Mt. Pleasant house will be more
artistic in appearance than that at the Navy
Yard, but the general appointments will be
similar. Its dimensions will be 140x29O feet
and the cost $65, 900.
Great interest was occasioned among
builders and real estate agents by the an
nouncement last week that Mr.. w. r. Hearst,
proprietor of the San Francisco Examiner,
intended to erect in the vicinity of Newspaper
Row an eleven-story structure at an expendi-
ture of S1,800,0O0. Considerable speculation
was INDUCED in as to the probable location,
but nothing definite could be learned regard
ing the exact site.
1t is Mr.. Hearst's desire to have the West
ern Union and the Postal Telegraph companies
IN the building, the two press associations, the
Press Club, and all the newspaper correspond
ents. The rent would be placed at such
figures that it will be an object for the tele-
graph companies and others to occupy the
building, and in addition to this they would
save money in the reduced force that would be
necessary when such arrangements were pro-
Vided for them.
The correspondents Offices will be equipped
with every convenience known in modern
Office building, including pneumatic tubes
running TO and from every Office to both tele-
graph offices so that copy could be shot from
the correspondents desk into the telegraph
room as fast as written, without the writer
moving from his desk or needing the services
Of messenger
Every assurance is given that the building
will soon prove areality, and when completed
will be the finest private structure in the city. /.
$25.5OO Real Estate Purchase.
The records Of the county clerk of Alexan