The Washington times., 1914-04-25
III REALTY DEALS
ARE CLOSED IN WEEK
Falling Off in Sales Attributed to
Absorption of Public in
Mexican Situation.

The Mexican situation seems to have
affected the Washington real estate
Earket During the last week broA-
g. complained that the situation of
Deculators and prospective ho1e-Ouy-
ers alike, was concentrated on the war
news and the closing of a sale was
accomplished with difficulty. The mar
ket. however. bore up well under the
strain as is shown by the fact that a
Iotal of III deals were completed in the
lsst six days. Involved in these trades
were lS2 lots and parcels of real es-
tate
The northwest section came into its
own this week, and took the lead of
the market. showing a total of sixty
sG lots transferred. The outlying
suburbs were in second place with
forty-four parcels conveyed. followed
Closely by the near-urban district with
thirty-two lots sold. The southwest
also showed Improvement and recorded
sixteen lots conveyed. There were
thirteen lots sold in the northeast, and
eleven in the southeast.
Tuesday Busy Day.
Tuesday was the only busy day the
brokers experienced snis week. On this
day the record shows thirty-three sales
completed. Monday ranked second with
twenty-three deals. Friday and Sat
urday had twenty and nineteen trades,
respectively, while the trading of We'd
nesday and Thursday was on a Ear
each day witnessing the closing of six
Teen sales.
A sale in the neighborhood of $4,000
vas reached yesterday Daniel Lough-
fnharcnnISt lr,.ha
~ Wardman. the Lee building, at 523
70 SO Tenth street northwest. MIR.
Wardman took over this property when
selling the Avondale last month to
hold his purchase as an investment.
The Washington Sanitary Housing
Company will continue its work of i'm
proving sanitary conditions by the erec-
houses in South Washington. The COM
pany acquired practically an entire
square of ground as a site of the con-
iempleted improvement With the ex-
"eption of one lot, the purchase in
dudes all Of square 655, lying between
south Capitol, Half, o and P streets
southwest. The land cost the company
SlO5nn
Property was also bought this week in
me southwest sect on by Sidney Bieber,
on which he will build an immense
office building for use of the Depart
inent of Agriculture. The site is on
street. near Thirteenth street, directly
opposite the departments main building
The Federal Government completed
his week the purchase Of the site of
the Red Cross building on Seventeenth
street, between d and E streets. The
last property to be obtained belonged
10 Joseph ]. Darlington, John B. Lord,
and an estate represented by Attorney
Darlington.
Three Apartments Sold.
Among the apartments sold this week
were the Madeira in Twenty-secopd
street. between G and H streets north
west. bought by L. Tyson Elliott: the
Dartmouth at 265 y street northwest.
sold by James A Finch to Clarence B. |
Hite. and the Bryn Mawr, at 1916 U |
street northwest, acquired by Harry 3. i
Wilson.
The largest financial transaction of |
he week was a loan for $4,000. This !
amount was borrowed on the Navy An
mex building, near Eighteenth street and |
New york avenue by William H. Wal |
her ana o.. II: T. johnson. The loan is !
Iepdyable IN installments from two 10 |
Jerest
Even this large loan did not bring
ne weeks total up TO the aggregate |
last six days were s4s7. 1855 This sum
vas borrowed on the security of 154 lots
at an average interest rate of Sc per
cent O pei
Straight loans showed 2 total ~
: sSeS'2so The sum of all the notes given
.or deferred purchase money was
'"'Z'LS. The building associations adj
snced TO members $50. 900.
ne northwest led also in the loan
market. having been offered as securitv
ror total of s236.S25 in loans. COUNTY
property was encountered 10 the eT-
ent OF S2S, ,0sl.06. The record of loans
the other city sections was north
,o,,,L sSsi9 southeast, s10,175, and