The Washington times., 1914-06-06
HIGH MARK SET FOR
DAY IN REAL ESTATE
tty-nine Transactions Closed
Wednesday, Although Week
Shows Decrease.

new high mark for a days activity
ir real estate in 1914 was recorded in
& opening week of June. Last We'd
day the brokers succeeded in clos
fifty-nine transactions, a figure
Il in advance of a previous days
s ing this year.
ne weeks operations. despite the
n'V high mark of Wednesday. failed
tc reach the record-breaking propor-
Il ms Of the closing days of May. The
&c al number OF sales reported this
EEK was 147, as compared with I67
last week. Involved in the deals of the
week were 295 lots and parcels of real
es ate.
June trading, SO far. has shown a
|oearth of large transactions, the weeks
sFiiing consisting of building sites and
nall residence properties. The opera
tons were well distributed over the
Il ".
Property east of Lincoln Park figured
|eN tensfvely in the record of transfers
~ Is week. Harry A Kite sold several
r. entity completed houses both north
and south OF the park Herman R,
: owenstein transferred two of the row
q nine houses built by him on East
spitol street just east of the reserva-
u0n. Other builders in that vicinity
v ere successful in disposing of one or
n ore houses this week. Yesterday prac-
s venteenth. Eighteenth, A and B
streets northeast changed owners.
Rightly Lots Conveyed.
This latter transaction involved eighty
Ilo.s. OF this number Is were conveyed
a Edwin L. Wilson. sixteen to H. An
tc Heitmuller, trustee: twenty-five to
r bert NJ. Richards. trustee, and twen-
{ four to Dwight Anderson. The pur-
asers have not made public their
2 ans in relation to the property
This activity in northeast real estate
fa the effect of boosting that section
O. the lead of the market this week.
tn total of 104 lots. The outlying
ourbs were in second place, having
Ity-three parcels TO their credit The
y ar-urban district ranked third with
4 rty-two lots conveyed. followed. close
j. by the northwest with forty lots.
= ere were twenty Eight lots trans
feTred in the southwest and eighteen in
I southeast
The church property at 500 street
J northeast. where the congregation of
{ nntennia, Baptist Church has wor-
- ursday by the trustees of the church
g. 5000. The new owner is the
: "Eras Israel Congregation
Church Acquires Property.
Tne trustees of North Carolina Ave
re Methodist Protestant Church. at |
Elchth street and North Carolina ave
rue southeast, took title to the church !
TruPerty by deed from the Church Ex-
{ caEion Society of the Maryland con- |
renee of the VI. p Church. The trus- /
-es also purchased the property at |
- nth street northeast, in the neighbor- |
} I'd OF the church.
Judge James L. Pugh. of the police l
st 1913 r street northwest to Julia /
NJ Higgins. The property formely be-
longec to the father of Judge Pueh.
Deeds we're recently FLED conveying the
of the other heirs to the
idge. Il
The loan market did not keep pace
th the selling activity of the week |
? II that OF the last week Of May. The
exact figures for the first week of June |
y ere SsJ0, ,5Si.35. This sum was bor- !
wed on the security of % lots at |
. = average interest Kate of SO per
mt
straight loans constituted the lions
lare Of the weeks business. displaying |
/ Aggregate Of s221, ,37057. The building ;
.sociations advanced to members $50
l-0 The sum of all the notes given
deferred purchase money was 49,
Is
The lenders Of money seemed to pre-
county property as a basis for Sc
rIty this week. Land in the county |
as encumbered to the extent of $751;
~ g. Property in the northwest was
dyed for q total of s91. 900. The rec
n Of loans in the other city sections
as: Northeast. sf5,3e5; southeast, VA
and southwest, s., 900.