The Washington times., 1901-12-22

the exchange said yesterday: II have
| been in business many years. and during
that time at least four attempts have
been made TO establish such real es-
tate exchange. In one instance only did
the plan get so far as an organization. and
| in this case II lasted only a short time
and was dropped because it could not be
made to accomplish its objects.
"The difficulty is that IL broker is
dishonest OF unfair he will continue 20
be so with an exchange quite as much as
without. There is no feasible way of en-
forcing the rules OF such an organization
and they are kept by broker only as
long as It is TO his advantage TO do SO.
The honest brokers, therefore los bust
ness to the dishonest ones. They are
bornd by rules that do not bind their
competitors.
Cutting Rates Wouid Continue.
And even IL every member OF such an
organization should live up TO its rules
the few brokers that failed to join would
have an immense advantage over them.
a conspicuous example of this is 81 hown
in the FIRE insurance business here, where
the pirate" concerns obtain board rates
where it's possible and take business
away from the board members by cutting
rates trifie where it is necessary,
Moreover. l do not consider a cast
iron commission rate a good thing even
If it could be enforced. / have seen many
instances where a commission smaller
than i usually charge has completed a
most important transaction that would
not have been made otherwise. ] have
known cases where a 2 per cent commits
sion instead of 3 per cent has prevented
property going under the hammer and be-
ing sold at low price to the detriment
OF all the property In the vicinity.
My prediction is that in a very short
time the people that are now most eager
to form the association and become active
members viii be among the first 10 drop
out
'-A5 far as the proposition TO compel all
members TO make a deposit OF $500 is
concerned. that cannot succeed. as a very
large number OF brokers could not possi-
bly, make such q deposit"
A New Church for BriEhtwocd.
Brightwood is to have another church
in the near future. The Rock Creek Epis-
copal Church is to build a chapel on
Brightwood Avenue just north of Ingra-
ham Place. near the centre of the town
The lot for the chapel has been pur-
chased and plans have been made. Con-
tracts will be let TO the builders within
two weeks.
The church viii be OF stone and the
plans are for q most attractive little
'edifice of Gothic design. II is stated that
the first services will be held in the
chapel on Easter Sunday morning next.
Brightwood viii have when the Episco-
pal Chapel Is built Eve church buildings
which is probably the record for sub
urb OF its size in the District -'here are
the Northern Methodist, the Southern
Methodist. the Catholic. and the Colored
Baptist Churches already in existence.
transactions in Realty.
Stone G. Fairfax have sold for William
Thompson four houses on Twenty-ffth
Street, near NJ Street, for $1,000; for
Mrs. Rose Scott to Mr.. L. c. Hay. house
W Souder. house 1888 Eenesaw Avenue, 4
for 5000, and for the estate of Peter 4
Byrne, house on " Street, between
Twelfth and Thirteenth Streets. for 81, 500. !
This firm reports that il has made TWEEN (
ty-three sales during the present month, /
thirty pieces of property.
Carl B Keferstein has purchased from /
W. J. Palmer house 1899 Vernon Avenue. I
Heights. for 81. 800. Mr.. |
Palmer takes in part exchange two |
houses. 2l3 Sid 915 Street northeast. /
for 81 eco each. The sales were made /
through the b. II. Warner Company.
Some Building Operations.
IL L. Rust has had plans made for a
number of residences on Columbia
Heights which he will soon build. Mr.. b.
Stanley Simmons is the architect. Three
houses are to be erected on the south
side of Huntingdon Place, between Four
;aenth and Fifteenth Streets. Columbia
Heights. BrOwnstone and brick viii be
used In The constructions OF the fronts
The houses. viii contain ten rooms and
two bathrooms. Three houses of the same |
general design are also to be erected on
the north side OF Euclid Street. between
Fourteenth and Fifteenth Streets, Coium-
bia Heights.
An attractive suburban house is being
designed by Appleton p. Clark. ir.. archi-
tect. which is to be erected on Kiri; |
Street. Chevy Chasc, on the cast side Of !
Avenue. There is 10 be ample
space about the house, as the latter will
have frontage OF 62 feet, while tho lot
is l20 feet wide. The exterior walls, which
will continue through two stories and
viii be crowned by high roof. are to be
covered with shingles. There is to be an
fireplace. The finish Of the first floor will
be IA white and mahogany.
Country Residence for Mr.. Harbour.
The country place Of Mr.. james f. Bar
,our. just cast OF the Chevy Chase Lake.
s to be improved by the erection Of
handsome house, which is being designed
~ Appleton p. Clark. jr-, architect 4
ute has been selected which commands
IN extended view OF the country and over
ooks Rock Creek. The treatment viii be
colonial, and wide and roomy porches will
,e a prevailing feature. One section Of
he porch system will be rooted by the
lpper portion OF Tho house and will be
fx30 feet. In the treatment OF the hall
md dining room some fine cnccts VIII be
The high -waiBse0ting of wool
VII harmoniZe with the beam ceilings.
md the woodwork VIII biggest The forms
harscieriJtic Of the Middle Ages. This
dearw!il be further carried out by the
urniture. which will be the product OF !