The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1914-05-31
SALES
BREAK RECORD
Former. ''Top-notch" Week
Of This Year Surpassed
byFifteen Sales.
BIG DEALSARE RECORDED
Transfer Of Arcade Property Among
Largest of Last Six Days
Transactions.
BIG DEALSARE RECORDED

The week Just closed marked broken
record for real estate activity for 1914.
no less than 167 transactions being
placed on the books. surpassing the for
mer record for this year by fifteen sales.
Among the big deals of the week was
the transfer Of the Arcade property,
Fourteenth street and Park road. and all
the personal property of the Arcade
Company. including moving picture ap-
paratus. roller skates. bowling alleys. the
dancing auditorium, shudie boards. cash
register. cold storage equipment and mis-
cellaneous articles. The building fronts
$50 feet on Fourteenth street. by q
depth Of more than 800 feet. The prop
erty was sold Friday at auction by Jo-
seph Sanders and s. Herbert Giesy, az
trustees for a syndicate. It went at
$3.50. 40.
The investments OF May. involved In the
purchase of. and loans on. real estate
amounted to A.S75.0oo This marks an
advance of $4,000 over Aprirs invest
ments. but Is slightly less than the totals
for the other months of this year.
A demand for northwest property was
felt In the market. a sale of sixty-seven
lots taking first place for one Sec
ton of the city. Closely following came
the outlying suburbs. where sixty-four
lots were sold
Apartments Transferred.
Another big transaction was the trans
fer Of the Evanston apartments, 3i27
Thirteenth street. from Charles Some
to J. 8. Clemence. through Gardener &
Dent, at a price of $4,000. A three-story
brick residence at 30 F street was sold
by the same firm. acting for Leroy Cad
dis. jr.. for s.. so.
Although there was a noticeable fall
ing on in the number Of building per-
mits issued. building operations already
under way are being rushed to compile
ton. Ten Of the twenty-six houses that
are to MI the square bounded by Rock
Creek Church road, Fifth. Quincy, and
Randolph streets. have been completed
by the A. c. Moses Company and the
others are to be finished by October.
Four OF the ten were sold during the
past week At prices ranging from A.loo
to 81 80.
The Real Estate Trust Company an
nounces that more than half of the space
In the new building at Fourteenth and
II streets is contracted for and that the
prospective tenants will begin to occupy
the new Offices on Wednesday. The L. C.
Smith Typewriter Company has leased
the whole second floor and the Real Es-
tate Trust Company will occupy the
banking rooms on the first floor. which
are expected to be completed by the mid
die of June. The company also an
nounces the beginning of work on the
new Montgomery Country Club home in
Bradley Hills
Many New Churches.
Many new churches are being built and
some Of them are ready for early dedica-
ton. The Central Presbyterian Church,
which is attended by President Wilson.
will be dedicated today. The new Pet
worth Baptist Church. on Randolph street
near Georgia avenue. Is SO nearly COM
pleted that the date of dedication has
been announced as June !. A so. 200 ad-
dition is being made to the Grace Bap-
list Church. Ninth and d streets south
east, and plans have been drawn for the
new building Of the Centennial Baptist
Church to be erected at Seventh and I
streets northeast
Work IL progressing on the building
being put up at Connecticut and Cathe-
dral avenues for the All Souls Episcopal
Mission, on the Park Road N. p. Church,
which Is not to be entirely completed
at this time. and on the new II Street
Christian Church at Sixth and H streets.
The erection of 500. 900 building, the
Washington Cathedral, will be begun this
year. The total improvements. including
a school for boys. one for girls, and the
building for ST. Adams Church, may
cost s1o,o 900.
representative church building for
the Southern Methodist Churches will be
built soon at a cost of 500. 1000.