Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-08-10
DULL REALTY WEEK
Few Transactions Reported in
City and Suburbs.
EFFECT OF LABOR STRIKE
Brokers in General Are Very
Reticent.
MAY SETTLE CONDITIONS
Review of the Past Month in Coun-
try's Building operations-No
Great Slump.
Y SETTLE CONDITIONS

Great slump.
For real estate transactions this has been
the dulest week OF the year. The reason
for this is said to be chiefly due to the alb
sence OF investors and realty brokers on
their summer vacations Many business
men who stuck to their desks throughout
July have succumbed to the call Of the
mountains and the seashore at last and
are getting into condition to push their
business harder than ever in the fall
OF course. the principal topic Of CONVEX
sation in real estate Offices this week has
been the big strike of the local building
trades unions. which has thrown over 100
mechanics out of work and tied up the
construction of fourteen buildings. The
total cost of the buildings thus affected is
about 81, 100000
Real estate men on the whole prefer not
TO talk about the probable effect Of the
strike on their market 1t is pretty gen.
orally looked upon, however, as a bad
thing and that should be settled one
way or the other as possible
Those brokers who are willing to talk
for publication about the situation will not
admit that 1t Is a bad thing for the mar
ket
THIS Broker Optimistic.
- think the strike is the best thing for
the city, as it will make settled condition
of affairs" the opinion expressed by
ii. Clay Stewart of the real estate firm of
II. Clay Stewart & Son to Star reporter
Mr. Stewart was of the opinion that there
has been too much uncertainty between
the builders and union men. and that if the
strike is settled soon, either side winning
there will be a settled condition of af-
fairs. so that building operations in the
District which have been practically at a
standstill will go on.
II think that the builders will win the
strike If they stick. as the open shops will
undoubtedly prevail" said Mr.. Stewart.
At Takolna Park
II. l.. Thornton with William H. Saunders
& Co., has just closed deal by which
Claude Livingston of the aforementioned
real estate firm becomes the owner of the
residence located Blair avenue Takoma
Park, d. c.. known as the Gary property.
The house is large and attractive in de-
sign, contains twelve rooms and bath and
has all city conveniences. Mr.. Livingston
will make permanent home at Takoma
and improve his property before occupy
ing it,
During the last week Mr. Thornton has
leased the Thornton House." SIG Cedar
street, to Ira Johannes for one year the
Lung House. on Takoma avenue, to
Charles d. Fowler for nine months and the
Warren House. corner of Montgomery
and Pine avenues, to Mrs. Edith B.
Schmick for one year. Mr.. Thornton re-
ports great demand for houses to rent by
the year at Takoma Park, where there are
al the present time very few.
Henry A. Curtis has recently moved into
his new home on Dahla street and A. H.
Johnson into his recently completed home
on Cedar street, Takoma Park
July Building Operations.
The long-prevailing prosperity in building
operations continues with little abatement
practically none If Greater New York be
eliminated from the calculations.
Official reports from ifty-fve leading
building centers collected by the American
Contractor New York. and tabulated.
show loss In twenty-six cities and a gain
In Twenty-Five, compared with July
1905. The losses are comparatively light
from monetary standpoint, with the ex-
eeption OF New York city. which brings
down the total decrease to II per cent.
This decline must be chiefly ascribed to the
enormous operations Of recent years and
the consequent supply of new buildings
The following figures show the percentage
OF gain in some of the cities: Allegheny, II;
Cambridge. o.; Chicago 10; Cleveland 2l;
Chattanooga. 218; Davenport 233; Dallas,
A.; Denver, 81; Detroit. As: Duluth, Is;
Evansville, 2i6; Milwaukee, ~; Mobile, 81;
Nashville Is; New Haven IL. Omaha %.
Paterson. 40.
Losses are as follows: Baltimore 80: Biz
mingham. 80; Buffalo. II. Harrisburg I:
Hartford AZ Indianapolis 10; Kansas City
IL; Louisville. rs; Los Angeles &c; Mime
apolis, 81; New Orleans. 81; New York %
Philadelphia, I; Pitttsburg. Al: Pueblo 80;
ST. Louis, L. San Francisco Is: Syracuse
S3: Salt Lake City 80: Topeka, "a. The
total loss, as compared with July. 1896 is IL
per cent. The gains and losses are widely
distributed and show response to demands
for hlIildInrs