Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-12-23
that this condition will continue during
the coming twelve months.
A Christmas Greeting.

A Christmas Greeting.
The customers and friends of the Swart-
zell. Rheem & Hensey Company are receiv-
ing little token of Christmas greeting
from the company In the shape of a mem
orandum book of convenient size.
Investment Buying.
In the opinion of Charles p. Stone OF the
Store & Fairfax Co. one of the features OF
the market at present is the investment de-
niand. which seems to extend, he finds, to
all classes of property. In other words
money is flowing to this city. and one
purpose OF those who control 1t is to place
1t in real estate In one shape or an
other In the various forms in which in
vestments of this class are presented to
buyers such as houses and business places
and apartments and unimproved land, there
seems to be a demand for all.
Large properties can now be marketed
here with comparative ease, and SO 1t Is
found that apartment houses are changing
hands, as. for example. the one that was
sold during the week through Mr.. e. c.
Brainerd, and properties that are bought
with the view Of making Improvements, as
was the case with the two recently pur-
chased by Mr.. Walsh.
Large Properties in Demand.
In these and similar cases, as. for ex-
ample. the series of sales made by Mr.. B. B.
Bradford. which included an apartment
house. hotel and an Office building, the
same principle is illustrated, that the mar
let for property the value of which runs
up into the hundreds Of thousands of dol
lars, is broadening.
Negotiations are now on foot, with rea-
sonable prospect Of successful completion,
which will involve the transfer Of a large
Office building, which Is valued at about
$3.50 This valuation is based upon the
income-producing ability of the building,
and 1t is to be purchased, If the deal goes
through, for investment.
Houses and Lots.
j. Augustus Taylor, real estate broker,
has bought for client. through Heiskell &
McLeran, real estate brokers, house 1924
U street northwest. The price was about
SSCOO He has also sold for the owner lot
137 in square &c. on the west side %, OF 2lss
street near N street, for $4,000 The d.
mansions are q by 80 feet; and a lot on the
west side of Columbia road for $4,2oo
Southern Lands and Homes.
Grant Parish has followed up his sale OF
North Carolina timber to the Standard on
Company, who recently bought 9,344 acres,
and which has purchased Mr.. Parish's en-
tire holdings of 81, 600 acres. the price being
So per acre. The tract CONSISTS of hard
wood timber, that will be converted into
slaves for the oil barrels. The sale was one
of the largest ever recorded in the annals
of timber transactions in this country.
Mr. Parish has sold a tract of land on the
Chesapeake bay, near Annapolis, Nd, 10
Geo. E. Smith of New York state, VINO Will
improve and make it his permanent home.
Mr.. Parish reports the demand for residen-
tial estates and farm lands increasing,
mostly from western and northern people,
who are coming south, being attracted Dy
the excellent markets and milder climate
Sixteen Buildings to Be Erected
Among the notable improvements pro-
1ected for Columbia Heights the coming
year are sixteen buildings to be erected by
Harry Wardman at the northwest corner
of 18th and Harvard Formerly Bacon
streets. On the 18th street side Mr.. Ward
man Is to erect eleven one-story store build
ings. On Harvard street five three-story
dwellings will he erected. All of the struc-
lures will be of the most up-to-<iate char
acter. The houses will be of three stories
and ten rooms and bath each. The fronts
will be most attractive. with covered
porches. bay windows and with Spanish
tiled roofs. The houses will sell for about
1880 each Moore & Hill, Incorporated,
will have the sale of them.
Sales Of Realty.
Moore & HILL Incorporated. report, among
the sales made recently. the following: For
Osterman & Butler. 512 and 516 ID street
southeast, two-family apartments. at $3.50
each, to Daniel N. Knapp; 3415 Ashley ter
race, Cleveland Park, to the Institute Of
Historical Research. for 5000, the build
ing, it is intended to be the nucleus of a
considerable institution; 2310 2oth street
northwest, the price paid being somewhere
in the vicinity of 50 800; 1451 Chaplin street
for A. " Cushman; 1925 18th street north
west; 400 and 457 Missouri avenue north
west; for Harry Wardman, 210S F1agler
street northwest; 1927 e street northeast
for George Cooper, for So $50.