Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-02-09

the timber and ties Prices paid average
about $40 per acre.
Large Residence Site.
The transaction of the week that had
more than usual interest was the sale of
the Tindall property on the brow of the
hill at the head of Connecticut avenue.
and commanding a fine prospect not only
down that broad thoroughfare, but also
of the city. The site considered as a
place for a single residence-and that is
what the new owner of the property, Mr..
A. ID. LothrOp, has in mind-has generous
proportions, with broad frontages on Con-
necttcut avenue as well as the plaza
formed by the coming together of the
avenue and Columbia road
Owing to that feature of the property,
as we'll as the desirable character of the
general locality for residence purposes. the
late owner had number of opportunities
of selling it at different times. 1t seems
good deal to pay. more than forty thou
sand dollars. merely for ground on which
to build private residence, but, when over
a quarter of an acre is secured. situated as
this property Is. the price paid comes into
comparison with what is given for resi-
dence sites in an equally good neighbor-
hood.
The site is unusually large one for a
city home, but the price per square foot
that was paid was only $3.50, which Is not
within half of what has been given for
ground in the residence section of the city.
Apartment House Sold.
Willige. Gibbs & Daniel. real estate brok-
ers, have sold for Mr.. Clarence B. Hight the
apartment house known as 1.-THE Dawson ~
ON the north side of s. between 18th and
18th streets. These apartments have bay
window front Of red pressed brick, with
brownstone trimmings The building is
three stories in height. and has six large
suites. 1t is understood that $25,500 was
paid for the property. 1t Is the purpose of
the purchaser. Mr.. R. H. Munson, to hold
the premises as an investment.
Building in January.
Official reports from leading building CEN
ters throughout the country. received by the
American Contractor. New York. and tabu-
lated. comparing the building transactions
of January. 1907, with those of January,
1906. show that the aggregate volume of
building Is less than In the corresponding
month of last year. but the losses are 50
widely distributed and so intersDersed with
gains in many cities as to indicate that the
building movement is simply following the
fixed and imperative rule of supply and de-
mand.
Some cities appear to have met all press
ing demands while others are still placing
liberal contracts for buildings For the
building interests of the country in general
a present overproductfon must inevitably
result in later stagnation in place of the or
derby movement at present in progress. In
New York falling off of % per cent is re-
ported, but this still leaves the enormous
amount of more than fourteen millions.
The following figures show the gains in
the leading cities. as compared with Janu-
airy, 1906: Atlanta, SO; Buffalo, AZ; Chi
cago, 16: Chattanooga. II: Davenport, 49,
Duluth, %; Indianapolis. 223; Memphis, IS;
Mobile. 30: New Orleans. %; Omaha, 81;
Philadelphia. 43; Pueblo 90; Rochester, 81;
st. Paul, II; Syracuse, III; Washington, 80;
Worcester, IS. The chief reported losses
are as follows: Bridgeport, SO; Cleveland
SO: Denver, %: Detroit. 46; Grand Rapids
As; Kansas City. %: Louisville, "a; Los
Angeles. %; Milwaukee. 3; Minneapolis, 81
Nashville. So: New Haven. SO; Newark, 49,
New York, %: Paterson. &c; Pittsburg, g.
st. Louis. s; Wilkesbarre, 81. The total per-
mits for January in the cities reported ag-
gregated 81 922, 2SO. as against $40. 1913 939
loss Of II Der cent.