The Washington times., 1914-09-05
EARLY REVIVAL IN
| REALTY INDICATED
Opening Days of September
. Forecast Large Volume of
Z Autumn Trading.

An early revival OF activity in realty
selling is predicted by the successful
launching Of the fall trading, which
marked the operations of the brokers in
the opening DAYS of September. The
closing of l39 transactions. involving
6l5 lots and parcels Of real estate,
in the past six days greatly encouraged
rhe brokers and gave promise that the
fall activity. which ordinarily does not
put in an appearance until late in Sep
tember. may be experienced before the
middle Of the month.
The business of the past week dis
plays an increase OF nineteen sales ever
the record for the closing days of Au-
gust. AS compared with the initial
week Of September, 1913, the past week
shows and advance of tFirty-four sales
and q decided improvement in the
volume of trading. In the first week of
September. 1912. there were closed 1Io
sales, while only l02 trades were effected
IN the opening days of September. 1911.
his showing puts the present week
Wen in the lead OF similar periods in
FORMER Scarr. and furnishes a stable
foundation for the conviction expressed
among the brokers that fall trading is
10 be brisk.
Records Show Activity.
Acting Recorder of Deeds Dutton
rom the records of his office. declares
there has been an advance OF 100 papers
conveying real estate filed during the
months Of July and August of the cur
rent year over the number offered for
Tecord in the similar period OF 1915
"uring the past two months 1.273 deeds
n fee. Lila deeds Of trust and aN re-
Eases have been placed on record as
ompared with LIS deeds LOGS trusts
md 81 releases recorded in July and
hugust. IglS. A total gain Of 90 in the
lumber of papers Of all finds offered
wo months
Monday proved to be the banner day
= the weeks trading, when thirty-six
"els We're recorded. Thursday ranked
fcond with twenty-three sales. Tues
day. Wednesday. and Saturday were
''e with twenty-one trades each Friday
as the poorest business day, having
seen only seventeen sales effected.
The zone OF activity in trading was
lawn nearer the old city limits this
,Eeek and the outlying suburbs we're
displaced from the lead of the market
he near-urban district is found In first
ACE. with a total of 800 lots trans
cred. The suburbs ranked second with
''shty-one parcels conveyed. followed
ny the northwest with siSty-seven lots
~ Itl" Nfie I"SnCE-SaN6n lOIS
: chengtng owners in the northeast. IF
zen in the southeast and FIVE in the
southwest
The most important transaction OF
t7e week involved the business prop
"-ty at 1907 T street northwest. on
posite the Willard Hotel. Gist Blair
purchased the property from H. Roz-
- Dulany. who bought II only a few
lonths ago. The price is not stated
but is supposed to he about $50. 900
The property is under lease for a
term Of years
The Birmingham apartments at 2Sl1
ADAMS Mill road was the chief sale
OF the week in the residence sections.
ia VI. Brady transferred the proper
- TO William L. Browning. The con-
Iteration is nominal. but under the
I'D assessments il was valued at
bout $4,000.
Geographic Society Buys.
The National Geographic Society
-dded this week to its extensive hold
gs on Sixteenth street between J. |
I'D VI streets by securing three alley
ots in the rear of its recently acqufr-
. 4 property in the middle of the
lack. The lots belonged to John H. !
ndle. The price is not stated.
The trustees of Vermont Baptist |
{ 7urch purchased house 1923 Yer |
e ont avenue. adjoining the church on
= south. The purpose OF the new
'urchase is not announced.
decllne Of So COO is seen this week
The loan narN"s over the -~eco-n for
last days OF August The exact
! Eures for the past six davs were ssa,.-
- q. This sum vas borrowed on the
rurity "f 81 lots AT an averace inter
= rate Of 50 ner cent.
straight loans constitute tho bulk of
business of the week. reaching a
: al Of so2i.655. Euildin,y associations
: .vancef 10 members SIS iJ4 The sum
o all tn" notes given for deferred pur-
d sse money WAS sJ5 21S.a
ounty properly was most favored |
= basis for long security. being encum- |
: red TO TIE extent OF SI27 s27SS Land |
the northw Est WAS pledged as Sc |
{ -itv for al aggregate Of SS.-+i The |
-O ord Of loans in thu the cftv sec
: rs va northeast. ss1.ir". s,Tthwcst. |
: mn. and Sou-h .ast 1890