The Washington times., 1912-09-14
REALTY ACTIVITY
GIVES PROMISE OF
NEW HIGH RECORD
Mission Society of New York
Buys Big Tract in
Northeast.
SUBDIVISION PLANNED
NEAR DISTRICT LINE
Loan Market and Sales in North
west Both Experience
(. L. Slump.

The activity in realty trading which
marked the initial week of September
continued without interruption during
the past six days. The number of trans
actions effected by the brokers in the
: second week of the month reached
one hundred and forty-one, an advance
transactions better on daily average
than the record attained in the onening
week of September.
This showing tends to prove the bro
kers have strong foundation for their
hopes that September, 1912, will bring
a new high record in realty selling. The
brokers also expect the fall trading will
start earlier than usual this year.
The feature of the weeks trading was
Fourth street and North avenue north
east, adjoining the College of the I'm
= maculate Conception and opposite the
Ta1So,e main entrance TO- the grounds Of the
purchased by the Missionary Society
: OF st. Paul the Apostle of New York.
The purchase price was $66,333, or about
IS, 900 per acre.
Another Catholic institution known
as the Sisters of Providence of st.
Mary's of the Woods, an Indiana cor
poration, purchased during the week a
portion of block in the subdivision Of
Is located at Nebraska avenue and For
tieth stmet northw est. Ths consider
alton was not made public.
Plan New Subdivision.
A portion Of the estate known as
: Chillum Castle Manor, near the Dis
I trict line, comprising about thirty-three
acres, changed owners this week at a
price in excess of $4,000. The property
Is at the junction of Sligo Mill road
and Peabody street and was puri hased
by Grover G. Aderholdt. After placing
trusts aggregatinG $4,000 on the prop
erty Mr.. Aderholdt conveyed the trac:
to the Washington Land and Mortgage
, Company. The property will be sub
divided 1T Is understood. and placed
= on the market in small lots.
p, Outside of these three large sales, the
outlying suburban tract failed to dis
play the usual activity this week. There
were sold only forty other lots and par
cells in this section. The near-urban
. district led the weeks market with a
total of sixty-one lots transferred.
The deciding of five squares Of ground
along the water front, between Nine
teenth and Twenty-third streets, in
southeast Washington to Sidney Bieber
caused the southeast section to reach
second place in the record Of sales, with
a total Of fifty lots conveyed. This is
the land which Mr.. Bieber recently
agreed to convey to the United States
in settle settlement of dispute Of 7It,a long as
States will probably follow.
Surprising Northwest Slump.
The surprise of the week was the
slump in the northwest, which is usually
found in the van of the city sections.
There were but twenty lots conveyed
in that usually active portion of the
city this week, placing the section next
to last, it being exceeded by the north
east, which had twenty-nine lots to its
credit. The southwest, with record of
four lots conveyed, alone kept the aris-
= tocratic northwest out of last place In
the weeks record Of activity.
Included in the weeks sales were POI
lots and parcels Of real estate.
But two sales were recorded in down
town business property this week and
the paper: do not show the prices pald.
James D. Donnelly became tie owner
of premises 912 FourtecntL street north =
west. by purchase from Mrs Annie NJ.
Mascllmeyer Premises SIS Seventh
street was bought by Max David from
Bernice V. Failey.