The Washington times., 1914-07-18
REALTY TRADING IN
PERIOD OF REVIVAL
Weeks Transactions Increase
by IS Per Cent Over the
Preceding Week.

4S1oANS IoAiht AoN ACSON-tS SiAAS
week from the period of inactivity
through which it passed during the
opening DAYS Of July. but showed an in
crease Of nearly IS per cent over the
number OF transactions erected last
week. This advance bears out the fore
cast of The Times last Saturday and en-
courages the brokers in their deternni-
nation to have the months record equal,
II It does not surpass. the business done
IN July. 1913
During the week there we're recorded
so sales. involving 21s lots and parcels
OF realty. q daily average Of g sales.
The activity vas fairly distributed. Mon
day was the busiest day. with twenty
nine transactions. Thursday was close
second, with twenty-eight. Saturdays
half holiday furnished twenty-three
trades There were twenty-five deals
closed on Wednesday, twenty on Friday,
and seventeen on Tuesday.
The selling Of outlying suburban prop
erty continued to dominate the weeks
trading, but not by the wide margin of
the initial week of July. A total of sew
enty-one parcels Of real estate changed
mand for property in the northwest
brought this sree into the second place
n the weeks activity. there being more
han twice as many lots in that locality
sold as in the preceding week. The rec
o:d for the northwest was forty-seven
lots. The near-urban district was in
nird place, with total of -forty-two
lots conveyed, followed closely by the
northeast. with thirty-seven lots trans
ferred. There were twelve lots sold in
the southwest and nine lots in the south
east.
Biggest Sale of Week.
South Washington has the credit for
What was probably the largest sale Of
BUSINESS property this week, in which
vas involved land and improvements
valued at SIS. 900. Leonard A. Snead sold
70 the Washington Warehouse Company
the entire western half Of Square 5sS
fronting on Four-and-a-half street, D
street, and Virginia avenue southwest.
The property formerly belonged to the
Barbour estate, and was acquired last
month by Mr.. Snsad.
The largest sale of residence property,
nd probably the most valuable transac-
ton of the week, was made by Eldridge
E Jordan. Mr.. Jordan sold the prem
ses AT 1915 Massachusetts, avenue north
\ est. st Twentieth street, a short block
rom Dupont Circle, to Harriet H. Rock
wood. The price is not made public. but
he deed recites that the conveyance is
made subject to encumbrances totaling
$1,000
Another valuable residence changing
owners was 1920 Massachusetts, avenue
northwest. which Patrick Cannon pur-
chased of George A. Provost. The con-
siderauon is not stated. The resi-
oence at 14fi Rhode Island avenue
northwest was conveyed by Martha :.
price is not mentioned. Jacob 81. Stein
purchased residence at 1924 Vermont
avenue northwest
Among the home sites purchased dur
the Avenue Of the Presidents adjoin-
ing fhe home of john Joy Edison at
1324 on that Boulevard. Mr. Edison sold
the lot &c Eugene Van Rensselaer,. Only
a nominal consideration is expressed IN
The deed. Daniel Loughron bought
three lots on N street northwest, be-
rrreen Twenty-hrst and Twenty-second
streets. Two were secured from Brain
ard H. Warner and one from Harry G.
-4aycock- Mr.. Loughrsn has not dis
closed his pans in reference to his
new purchase.
Buys Oregon Apartment.
Among the apartments sold during
the week was the Oregon at 1927 Four
zenith street northwest Pattie w
Jewell bought this property from Jacob
". Stein. The prlce is not stated. The
trustees of the Alonzo Bliss properties
acquired the Raymond apartment at
IA IWenty-second street northwest, by
ransfer from the Washington Loan
and Trust Company.
The old Johnston property. compris-
-1g q wide frontage on Pennsylvania
avenue at Twenty street and run
1Ing through 20 NJ street, changed
lands this week Roy H Pickford
transferred the extensive residence site
10 William D. lockwood. No price
vas given.
The losn market also partook of the
increased activity which marked the
weeks trading. An advance of $1,000
over the previous weeks business is
shown in the total of 1888. SIS SO report
ed in the loans OF the week. This sum
YES borrowed on the security Of 492
lots at an average interest rate Of Sc
per cent.
Straight loans moropolized the mar
IT, showing an aggregate of S23l, Il2 The
Eum OF all the notes given for deferred
purchase money Was SIS. 80. The out
rUt Of the building associations WAS
So 100
County property mad q distinct call
as loan security beng pledged for a
total Of 1927. 226 o.. Land in the north
vest was encountered TO the extent OF
sH.3S7. The record of loans in the
ether city sections was: Northeast. SIS
Is; southeast, sI4,7so. and southwest,
1900