davidaulloa/AmericanStories huggingface dataset:
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-11-13
REALTY TAKES DROP
Record OfWeek Shows Slight
Decrease III Sales.

Although showing in the total records
an approximate decrease in business for
the corresponding period of the previous
year of 10 per cent, the week just past
was not altogether an unfavorable one
for the local realty operators. There was
almost total absence of largo deals. but
the smaller residential property sales held
up well with the records previously set.
and upon the whole ii may be said tina:
conditions were normal.
OF the few large sales recorded during
the week. that of GA 10 SO Virginia ave
nue. southwest was probably the most
important. especially from a commercial
standpoint The deal involved S30.000 and
included the extensive area devoted to the
bottling plant Of the schlitz Brewing Com
pany. Nikolaus Auth IS the new owner.
and he will incorporate the property with
his own, which adjoins. Another large
sale was that OF the fOur-stOry office
building at 620 F street, owned by Anna
NJ. Taylor and sold 10 owen owen. The
consideration was not named
About the only other sales of impOr-
lance during the week were those of four
apartment houses, aggregat1ng in sale
price slightly more than $4,000. The
OneOnta. Dartmouth Prince George, and
Winchester were the four buildings in
volVed in The sales. The Winchester
apartment was sold for DIR. Harrison G.
Dyar 20 l. J. Mangan for $500, II is
a fOuT-stOry apartment, built about two
years agO ia Eighteenth street, near L.
and contains twelve apartments OF five
and six rooms each. Mrs y. o. Poole
purchased the Prince George, a three
story apartment, IN Thirteenth street
near q. for $3.50 II contains six apart
ments of six rooms and bath each. The
same price was paid for the Oneonta, at
First street and New York avenue north
east. by Mrs. Zada Kemp. This is a
fcur-stOTy house containing twelve apart
ments. The fourth. the Dartmouth, was
taken by l. J. Mangan for Sl5.0O0. II is
a fOur-story house, at 80 N'street north
west, containing four apartments
Little suburban activity was reported
for the week J. Sprigg Poole invested
$4,000 in Rockville property, buying a
twelve-room horse and two acres of
sround at Pleasant Grove on the cleo
trio line. and an eight-rOOm house and
one acre a short distance away.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-11-13
OFFICE STRUCTURE
NEARS COMPLETION
G Street Fast Becomes Ac-
tive Business Center.
BANKERS WILL SOON MOVE
New Building EmbOdies Many Novel
FeatureS-aIeLachIen banking Cor
poratiOn VIII Occupy the Ground
FIOOr-Eighty offices Ia Structure.
OF Loft Type Construction.

Merging from the old plan of dis
tinctly residential city. Washington Is
fast becoming a business II not com
mercial center. The older resident OF
the city looks back 10 the day when Fiji
teenth street upward from the Treasury,
New York avenue. G and + streets were
lined with stately residences. The pres
ent sees these same sections teeming
with industrial activity. The old homes
have fast disappeared. and In their place
have risen tall Office buildings 1t is the
normal development of the time.
As Indicative OF this gradual trend OF
transformation, there is no better ex-
ample than that section Of G street lying
between Ninth and Fifteenth streets
Scarcely week passes but that permits,
either for new construction or extensive
remodeling. are issued TO owners of
property on this street In consequence.
il is fast becoming as much of a favored
shopping center as F street, although It
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-11-13
VIII OH Ocean PAN.

Plans are being considered by the
United states Photographic Office to keep
an ocean lane between New York and
Europe smooth by systematic oiling
With the Atlantic highway smoothed out
in, this way. passengers may cross with
perfect comfort, and seasickness will be
a thing OF the past 1t has been esti-
mated that one quart Of oil poured upon
the waves every hour by every ship in the
transatlantic service would keep the bill
lows smooth In any ordinary weather.
The cheapest grade Of petroleum will an
swer the purpose. and it is estimated that
an expenditure OF SIS a trip will pay the
expense. The ocean lane is so crowded
nowadays that Il is believed that the oil
carried away by the ocean currents VIII
be restored frequently enough to keep the
ocean highway smooth. The oil spreads
quickly aud a very thin covering suffices
10 still the water.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-11-13

new item of interest in real estate
circles is the incorporation OF a new firm
known as the Sypret ". Hendrick Co.
Inc, with offices in The Washington Her
aid Building. 7S4 Fifteenth street north
vest. The firm is composed of Sypret ".
Res.t~sck, president. j. Arthur COnnOr.
vice president; +. +. Stoddard. secretary,
and Sterling ]. Gardner. assistant secre-
tary The members of the new firm are
Impractical real estate men and all OF them
for the past two years having been con-
nected with the sales department OF
Shannon & Luchs. II is the intention Of
the firm 10 do a general real estate busi-
ness.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-11-13
R00SEVELTS LEASE HOME.
West VIrginian Also Comes TO Capt.
tai for Winter.

With the opening of the social season
close at hand. many of Washingtons
fashionable winter residents are opening
their homes. Several who claim both
New York and Washington as their
places of residence have leased houses
in the northwest section, while few
whose new homes are not quite ready
have also leased for the winter
Robert T. Roos welt. Of New York City.
yesterday signed lease for Commander
Keys house. at III l street His new
home, in Massachusetts avenue, now I'M
der course of construction, will not be
finished until the early summer. This Is
one of the most pretentious homes now
being built. land will be a distinct addi-
ton to the. fashionable northwest.
The large corner residence at 1888 Six
teenth street, for a long time the home
OF Bourke Cochran, was also leased last
week Isaac T. Mann. of West Virginia,
takes the house for the winter. Mr.. Mann
contemplates buying in Washington
shortly, but is not decided whether TO
attempt finding home to his liking or
whether he will build.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-11-13
REALTY FIRMS ENTER FIELD.
New Concern Opens Offices In The
Herald Building.

a notable addition was made 10 the list
OF Washington realty operators last week
when the Sypret W. Hendrick Company
pref w. Hendrick, s J. Gardner, r. r.
Stoddard, and J. \. Conner. All have
lad considerable experience in the bust
ness, and the new firm viii have a large
clientele
Offices have been fitted up i'm The
Washington Herald building and were
opened for business yesterday. The firm
Will do a general real estate business.
handling rents and sales of both city
and suburban property. a considerable
amoust of property is already listed ION
the books of the new firm
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-11-13
MEXICAN MERGER EARNINGS.
Thirteen Per Cent Increase In Year.
MiIeage Grows.

The National Railways of Mexico has
issued a statement showing that the es-
timated earnings OF its owned and ceased
lines amounted to $6.S55.969 Mexican silver
for the month OF October. The total earn
ings for the twelve months ended oe-
tober 81, 1910. are s72,6S0,924 an increase
of s, 2so, 1876, or nearly 1S per cent, over
the earnings for the yeaT ended October
81. 1903. when the record was s64. 400, 429
The average monthly earnings for the
last. twelve months have been Sc. 056. IA.
as against $500, 7O2 for the twelve months
preceding.t
One year ago Mexico had 1852 miles of
railroad in operation: now the merger
system alone has 1906 miles.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-11-13
miners Get salary bonus.

For their work in October the mine
workers in the anthracite region of Penn
sylvania have received an increase OF
per cent on the rate of wages fixed by
the anthracite strike commission. The
commission after awarding general
increase in wages provided that there
should be a further Increase of l per cent
for every advance of cents in the aver
age tidewater price OF the domestic sizes
of coal As the average price was S4S1
in October, this entitled the mine work
ers to 6 per cent more pay for the month
This applies to all classes of employees.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-11-13
WILL BUILD NEW HOMES.
Investor Buys Four Lots in WyO-
ming Avenue.

An S1SO00 deal In Wyoming avenue
property was closed yesterday, when
Clarence f. Norment purchased four lots,
each 25xlO0 feet in size, between Eight
eenth and Nineteenth streets. Mr.. Nor
ment viii erect residence on each of the
lots. They are estimated 10 cost approx
mately $20000 each, and viii each have
twelve rooms and three baths.
Wyoming avenue property is steadily
advancing In favor with those who wish
TO locate IN the fashionable northwest
section. and this project of Mr.. Norment
viii add greatly 10 this particular part
of the street. Contracts have already
been let. and ii is intended to have the
houses ready for occupancy as soon as
possible.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-11-13
Has Extensiye Quarters.

in the city OF Washington.
Has Extensive Quarters.
Occupying floor space covering slightly
over LOO square feet. the banking rooms
viii occupy a rectangular space fronting
on street, and running back on Tenth
street to The main entrance of the build
ing. Counters Will be of Vermont mar
BILE with bronze screens and mahogany
furniture. The presidents Office viii be
at the corner. with a meZzanine floor
above. giving space for a meeting room
of the beard of directors of the bank.
At the northeast corner will be located
the real estate department. with a sim
liar mezzaHine floor above for offices Of
the department
One OF the pleasing features OF the dec
Grafton of the building viii be the plac-
ing over the entrance TO the bank. in
bronze. the old Scottish coat of arms Of
the MacLachlen family The clan IN
Scotland has gone down through history
as possessing an enviable reputation for
integrity, faithfplness. aud bravery. from
which comes the motto, ."Fortes ct
tides, brave and faithful.
AS shown In the reproduction OF Mr..
De Sibours design. the scheme OF deco
ration of the building together with it's
height and size. enables il 10 take its
place with The best work I'm the city, and
from both an architectural and CONNER
cial standpoint II viii rank high in the
Improvement OF Washington.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-11-13
ELECTRIC LINE TO
Be REORGANIZED
Committee Submits Report
to BOndhOlderS.
WILL FLOAT NEW BOND ISSUE

BOndhOIders Expected 10 RatIfy
Recommendation of ReOrga niza-
ton COmmitee-Preferre stock for
Overdue Ipterest-Will Put Road
on Firm Basis-Under New Plan.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-11-13

The reorganization plan OF the Wash
ington. Baltimore and Annapolis Electric
line. as outlined by the reorganization
committee. has been mailed to the bond
holders Of the company. and they have
until the 18th of this month to assent TO
the plan as agreed upon by the COM
mittee
Under this plan the holders Of the first
mortgage bonds of the W. b. & A and
tho Baltimore Terminal Company will re-
oeive 100 per cent in new first mortgage
. per cent bonds and preferred stock at
par for overdue interest. There viii also
be issued 5000 600 first mortgage 5 per
cent bonds. sl.460 coo of preferred stock
and 100000 Of common stock. The pres
ent first bondholders are to receive 5000
900 of the new bonds and also $500 $50 Of
the preferred stock in settlement OF ae-
crued and unapId interest. For the sec
Ond-mortgage bondholders 100000 of the
preferred stock is set aside, while for the
terminal-mOrtgag bondholders sl,7S3. 900
Of the new bonds and $50, 4S9 of the pre-
ferred stock are provided. The last named
Is 10 adjust the accrued interest
Details of New Plan.
Adjustments of fractional amounts Of
preferred stock. given in payment of in
terest on bonds, will be made in cash.
Where a bondholder is entitled to a frac-s
tionaI share exceeding a half share he
will be required 10 pay sufficient cash to
entitle him to a whole share, and where
such fraction Is less than a half share
the amount thereof viii be paid in cash
In addition TO bonde6 Indebtedness. the
railway company and the receivers will.
a. OF March ], 1911, owe approximately
100000. including expenses of receiver
ship, pay the expenses of the reorganiza-
ton, and 10 liqtidate the same and pro-
vide working capital for the new COM
pany. The plan contemplates raising
100000 by the underwriting of 100000
per cent noncumulative preferred stock,
the underwriters securing Herewith the
entire common stock OF the company,
namely, 100000 par value. The plan
gives the secOnd-mortgage bondholders
the right 10 subscribe for, at par. 100000
OF the preferred stock, securing Herewith
100000 of the common stock. while the
holders of the common stock will be
given the opportunity 10 subscribe 10
$4,000 worth OF preferred stock and Sc
curing Herewith $2.500000 OF the common
stock. no fractional shares OF pre-
ferred or common stock VIII be is
sued In cases fwhere subscriber
IS entitled to a fractional share and
where such fraction exceeds a half share.
he viii be permitted TO underwrite a fun
share. IL cases where the fraction IS less
than a half share the right 10 subscribe
viii be reduced by such fractional
amount
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-11-13
May Sell Securities.

Such subscription rights are available
Only 10 such second-mortgage bondhold-
ers and stockholders as deposit their Sc
curities under the reorganization agree
ment. and the committee reserves the
right to dispose of any portion of the Sc
curities not subscribed for in its discre-
ton AT price not less than the subscrip-
ton price 10 be offered to the second
mortgage bondholders and stockholders
OF the Indebtedness contracted by the
company prior to the receivership and
contracted under the receivership. ap-
prOximately S40o,000 thereof is Of a nature
10 require the payment of the same I'm
cash upon reorganization. representing
payment in fun for ten new cars. cost Of
Lombard street freight terminal, recon
struction Of tracks of Washington Rail-
way and Electric Company so as to per-
init operation of the railway company's
cars in Washington, and costs of receiv-
ership. and the payment OF the same oy
the issue and sale Of preferred stock re-
lieves the railway company bondholders
and the terminal company bondholders of
any of the burdens Of reorganization or
Of themselves providing the amount nee
essary TO pay such Indebtedness.
VIII Issue New bonds.
The issue of bonds. par for par. as to
principal, to the railway company first
mortgage bondholders. and to the terni-
nal company bondholders, and of pre-
ferred stock for interest, liquidates in full
the entire amount due on all such bonds.
and gives to the holders thereof interest
and dividend bearing securities.
The issue of SiO00O0 preferred stock 10
the second-mortgage bondholders. with
the right TO subscribe for an amount of
underwriting equal to one-tenth of the
par value of their bonds in the opinion of
the committee. fully protects the equity
OF the second-mOrtgage bOndhOlders, and
gives them a chance 10 participate in the
anticipated growth and development OF
the property.
The allotment of the remainder of the
underwriting to the present stockholders
gives to them an opportunity, first, to ac-
quire dividend-bearing securities for the
new capital invested; second. tn preserve
stock control of the entire property of
the company
stockholders may subscribe for prefer
red stock in amount equal to 10 per cent
of their present stock holdings; but the
committee reserves the right to reduce all
subscriptions to per cent of their stock
holdings. the same being necessary in
case more than IS per cent in amount of
stockholders subscribe.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-11-13

came banking corporation under the SUI
pervision Of the Treasury officials. and as
such has long and favorably been known.
Its new quarters will be of the most
modern type, and the equal of any with
in the city of Washington.
Albuquerque morning journal., 1910-12-29

The good roads movement has
landed in the middle of Socorro county
and Is there 10 stay. Probably there
is no other county in New Mexico
where good roads are more import
am. socorro county is vast en-
pire, bigger than some eastern states.
and the greater part of its resources
are without railway communication
Until the railroads come, the people
of the remote sections must rely on
the public roads for development.
That better highways mean better
business is becoming generally rec
ognizei throughout the county. The
socorro Chieftain says:
socorro county Is soon to enter
upon the good roads movement in
dead earnest
Land Commissioner Robert p.
Ervien and Engineer c. IL. Neal Of
Santa Fe We're in sooorro Sunday and
in company with Chairman David
Farr OF the board OF county commits
eioners and Probate Clerk Il. IL. sweet
they spent the day in making an ex-
animation of the Blue Canyon road
To determine Il the grades could be
improved so as to mako the road
easily passable, and IL SO. about what
amount OF work would be required.
The results of the examination were
satisfactory and encouraging. and IL is
now an assured TACT that a gang OF
conviets from the territorial peniten-
tiary viii soon be put TO work 10
make first class public thorough
fare of this now hardly passable road
between Socorro and Magdalcna
And this is but beginning. AT
Toast, II should be but beginning OF
the good roads movement in Soeorro
county. II Is hoped that the terri
torial authorities may be induced to
lend their aid to improving the road
from Magdnlena on 20 the Mogollon
country. SO that the eastern and west
ern parts OF the county may thus be
made accessible TO each other as they
should have been long ago. The nd-
Nantages that would result are
obvious.
Albuquerque morning journal., 1910-12-29
BOOST.

Go 10 the big statehood meeting at
the Elks' theater tonight and boost,
II marks the beginning of the ac-
tive campaign for statehood. II is a
campaign, The success OF which affects
your pocketbook. II Is q campaign
for the building OF prosperous
state, one of the two last TO shed the
shackies OF territorial form OF gov
srnfrcat M the continental United
States. II is a campaign for self
government, better government, busi-
ness government and hence cam
paign IN which every business man is
Interested---no matter what his poll
ties or whether he has any politics or
not
Lenders Of the both parties viii tell
you why you should vote 10 ratify this
constitution and assure New Mexico
immediate statehood. They will show
you where II is 10 your business In
terost TO vote for business-like, fun
damental law, and show congress that
her sensible organic act is backed
practically by the solid sentiment OF
New Mexico
Albuquerque morning journal., 1910-12-29
THE ALBUQUERQUE MORNING JOURNAL THURSDAY DECEMBER 2s 1910

hibition and have counted II a priv
ilege to assist In our small way But
we have nothing IN common with the
work the Rev. J. /. Seder and his as
sociates have at present laid out for
themselves, the defeat OF the consti-
tuition of New Mexico. The opposi-
ton from that source is foolish and
egotistical The gentlemen In ques-
ton desire the defeat OF the cOnstitu-
tion because IL does not contain
prohibition, their pet hobby. The pet
hobby of the democratic party, at
least one Of the pet hobbies, was
left out, but the leaders of New Mex
leo democracy arr supporting the con-
stitution. The pet hobbies of many
republican delegates in the conven-
tion are left out of the constitution,
buk these men are working hard for
the adoption of an instrument that
VIII speedily assure us Of the long
wished for statehood. And most Of
all, the editor Of the News has reason
to feel aggrieved. There is a pro-
vision requiring all state officers to
be over 80 years Of age, a provision
which absolutely cuts us Off from the
governorship for many years to come,
but we are not asking that new
convention be called to correct this
most glaring error. We are support
ing the constitution.
If 1t is really the purpose Of the
New Mexico Anti-saloon league to
defeat the constitution, they will fall
far short of their goal. Their influ-
ence is not such that the voters of
this territory Will vote against the
best interests Of New Mexico to sat-
isfy the leagues spite at the MEM
bers of the convention. 1t Is to be
regretted that matters have come to
such pass. The position taken by
the officers Of the league may injure
the work in the new state, at least it
VIII not tend to make friends for the
league among the citizens who are
supporting the constitution.
Albuquerque morning journal., 1910-12-29

one of the boys who afficiated at
Matsons during the Christmas rush
In a clerical capacity, tells pretty
good one;
The blanche Walsh sale of tickets
on the day of the performance Of
"The other Woman" formed itself
at one stage Of the proceedings into
a line reaching almost to the outer
door OF the store.
At the end OF this line stood a man
who waited and waited. patiently at
first, then impatiently Seeing a clerk
nearby he called him over.
Have I got 20 wait all dayg" he
asked the man.
You win have 20 walt your turn. +"
answered the clerk.
The man waited. but his humor did
not improve with the passing mo-
ments.
Finally he gave an impatient move
ment and started toward the door. IF
yen want tickets YOU had better keep
your place" advised the clerk
"Tickcts," growlcd the man. Il
don't want no tickets. want 20 buy
my wife Christmas present"
He had been in the ticket limo for
half an hour.
Albuquerque morning journal., 1910-12-29

feat statehood under a constitution
approved by a large majority OF the
constitutional convention and of the
people. are making serious error.
Public utterances OF representatives
of the league make Il appear that the
personality Of the delegates enters
largely into the motive OF their op-
position. The anti-saloon movement
in New Mexico has been growing and
little more broad minded attitude
on the part Of the leaguers at this
time would materially strengthen
their cause. The people do not be-
lieve that prohibition should 20 into
the constitution and there Is no use
trying to stretch minority senti-
mcnt 10 cover the state. The Pocos
Valley News Of Artesla, in the fresh
water country, has the following
strong statement on the subject:
AS q factor for the betterment of
generally, and the work
ing out OF a well devised scheme of
for the entire country, the
prohibition party is an unqualified
success. As a political factor, bas-
Ing its principles on but one founda-
ton, having for its purpose but one
idea, the prohibition party is a flat
failure. That such is the case at the
present time is more than fortunate
for New Mexico, for II the prohibi-
ton party stood as strong in politics
as it does in moral work, the fate of
The constitution would be In the
balance. with a grim possibility of
lcfeat.
TIP to this time the News has sup
ported every move OF the various anti
ialoon societies, saving only on one
occasion. We have cheerfully given
IF our space to aid the work of pro-