The Washington herald., 1911-05-30
FINANCE And REALTY

1 AASxAANV0 A4vO XN0I104 i
Saturday half-holiday and Monday
coming Just before Memorial Day. there
would be little to do on the exchange
the lack Of interest. It took less than
half an hour to clean up the business of
the day.
Familiar Faces Missing.
Many brokers who are most active on
exchange are out Of town for the three
days, and as a consequence the stocks
usually active were not even bid on. No
trading was done in Gas, or in any of
the public utilities.
Typesetter stocks Sold.
Mergenthaler was strong at Us, and
two lots Of five each were sold. one lot
after call, Lanston, brought IS IL, i've
shares being sold after call.
Bank Stock Handled.
Union Trust opened up with the sale of
two shares at 1F rs. and eight shares
were sold later at l42 H. Ten shares of
United States Trust were sold at III.
Bond Market Sales.
Only one security figured In bond sales
during the day, and that was Washing
ton and Norfolk Steamboat SIS, a $1,000
bond sold at 1o1.
Gas President Resigns.
George Howard, president Of the
Georgetown Gaslight Company. has ten
dered his resignation to take effect on
June l. Until the annual meeting. which
takes place on June 8, the duties of
president will be discharged by the vice
president 1t Is said that Mr.. Howard
| is not favorable to the proposed bond
issue by the Georgetown company. but II
is also reported by those familiar with
the situation that there Is great doubt
about the shareholders Of the gaslight
| company voting the Indebtedness.
DIR. Pyle's Building Sold.
The four-story apartment and store
building on the southeast corner Of Four
teenth and L streets northwest, owned by
/ DR.. d. Franklin Pyle, dentist, was said
| through the Office Of the James ]. Lamp
ton Company, to William ]. Kehoe. for
s55OOO. The annual lease Of the build
! ing yields 1900 Values in this vicinity
are well up. as the property on the
| northwest corner was recently sold Tor
$65, 900. and the church property on the
southeast corner held by All Souls
Church. which President Taft now at
tends, Is offered at 100000.
Victoria Apartment SOLD.
Brainard H. Warner. ct al, trustees. yes
terday transferred the Victoria Apart
ment at Fourteenth and Clifton streets
northwest to Edward ]. Hannah. William
J. McClue,s and George H Zellers, trus-
tees, for a consideration Of $Ss.oO0.
Old Mansion Open To-day.
The old residence Of Alexander r.
Shepherd, the last governor Of the Dis
trict Of Columbia, will be thrown open to
the public to-day for inspection. This
historic mansion stands in the middle
of a subdivision that has recently been
opened. and the owners will give those
who desire a last opportunity to exam
inc an old landmark.
Busy Firms Record.
Kennedy Brothers. in a review Of tho
work of the firm for the two years just
closed, report that in that period they
have built 40 houses, of which all but
four have been sold. In the Subdivision
of the Cammack estate, along Rock
Creek road. to the east OF Georgia ave-
nue.. fifty-four houses built during the
past fourteen months by this firm have
all been sold at prices ranging from
S. 500 to 1900. Another lot Of forty-four
houses in the northeast, within the
| boundaries OF Sixth, Lexington. and D
streets and Maryland avenue. have.
with but a single exception. beeE sold at
Of forty-two houses in Lamont street,
between Eighteenth and Nineteenth
streets, thirty-nine have been sold at
from $500 to $1,000.
Hillyer House Remodeled.
The Hillyer residence, at 1913 Twenty
first street northwest, recently purchased
by Judge Chandler P. Anderson. is now
about to be remodeled from plans just
completed. which involve the expenditure
Of between 5000 and 5000,
!! Sale of New RcsideAces.
i Two Of the new houses in Thirteenth
street, north OF Monroe street northwest.
built by Charles E. Wire, were sold to
Samuel 8. Marks and Mary G. Kreiger
for $500 each, through the Office Of Phil
lips & sager. The same firm reports the
sale Of the dwelling 2703 p street north
west for H. @. Lugenbeel to Michael ].
Ready for $3.50 as an investment. A.
J. Cummings bought through this firm
from John c. Deichman the six-room
house 1928 A street northeast. for 1875.
New Houses Planned. Al
Kennedy Brothers will start to build
fifteen new houses in the northeast sec
ton Of the city this week. Seven Of
these will be in Sixth street. between
Lexington and Z streets, and eight will
be put up in Lexington street.
To Accommodate Buyers.
Hartman & Company announce that
their brokerage office in the Colorado
Building, will be open this morning from
$50 until II o'clock, to receive quotations
from the London Stock Exchange, and to