The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1914-07-25
INCREASE IS SHOWN
IN REALTY TRADING
Past Weeks Selling Results in
Gain of 10 Per Cent Over
Preceding Week.

Ge-ilty trading continued to improve
this week. The revival in selling which
commenced during the second week of
July gained impetus in the last six days
and resulted In an increase OF nearly
10 per cent over the number Of tran
sactions effected in the preceding week.
The brokers succeeded in closing $50
deals, thereby sustaining a daily average
OF twenty-five trades. Included in the
weeks trading were Us lots and parcels
OF real estate. The selling was well
distributed, three days being close COM
petitors for supremacy. Tuesday was
thirty-two sales to its credit. Friday
. ranked second, with thirty-one deals,
and Thursday was close at hand with
twenty.nine trades. There were twenty
three sales concluded on Wednesday,
twenty on Monday, and fifteen Curing
the half day Saturday
The Increased demand for property
IN the northwest section of the city.
which was noted in last weeks review,
continued this week and caused that
section to give the outlying suburbs
run fer the honor of reporting the high
est number Of lots sold. BY a small
margin of four lots, the outlying SUBJ
urbs retained the lead of the market,
having total of eS parcels transferred,
while "a lots changed owners in the
northwest. The near-urban district was
in third place, with 50 lots conveyed.
There were "A lots sold in the north
east, in the southeast, and 3 in the
southwest.
The most valuable property trans
ferred during the week was premises
S16 and SIS Connecticut avenue north
west, conveyed by Harry Wardman to
Thonnas Bones and John H. CLANCY.
The conveyance is subject to trusts
aggregating 1900
Siuola Gala nou-r Toxrr,
Under a trust for the benefit Of con-
tributors to the purchase money. whose
names are not disclosed, H. Rozier Du-
lany and Gist Blair too ktitle to three
pieces of property which formerly be-
longed to Eldridge z. Jordan. Annie
Z. Mcqueen conveyed to the trustees
house. Is Jackson place northwest E.
Olivia johnson transferred 20 the trus-
tees the property at Fourth street and
New York avenue. improved by a
church edifice. Jordan & Co. decided
10 the same trustees lots 547 and SIS
IN the subdivision OF Pleasant Plains.
The dwelling at 1928 K street north
vest. the home OF former District
the heirs yesterday to Mary E. Dulin.
The consideration Is not stated, but
the purchaser gave q trust for $4,000
for the deferred payments.
ne Oh1s safe TopOTI6Q IN the QOWn-
town business section this week was
the property at 1918 New York ave-
nue., Immediately adjoining the New
Masonic Temple, on the east Alice
J. Reardon transferred the property
sideration of $40.
Upper Seventh street was represent
ed in the weeks trading by the sale
OF business building. The property
at 1884 Seventh street northwest was
sold nv InEanh 70 o. - II
hansen, who in turn transferred 1t to
W. Oliver Murray. The price was not
made public
Justice Could Buys House.
Mrs. E. Kingman Kern. of the Board |
of Education, purchased this week |
premises zoos and 2o11 G street She |
also sold to James Sharp a lot On |
Meridian Hill.
Justice Ashley NJ Gould was also a |
buyer OF real estate this week He |
procured house liza Q street northwest
rom Hannah r. Woodman. The price /
paid was $1,000. The justice win hold
the property as an investment,
The loan market also evidenced a
slight advance over the record of the |
preceding week. The exact figures for
the past six days were 1856, 1914. This
sum was borrowed on the security of
1s3 lots at an average interest rate Of
b6 Der cent.
Straight loans had the lions share
of the weeks business, with an aggre-
gate Of $40. 4l3.36. The building ASSOC
cations advanced $76.05O to members
The sum Of all the notes given for de-
ferred purchase money was SIS, 666.7S
County property maintained its su-
prenacy as basis for loan security, be-
ing pledged for a total of Sl5S, 931. 81.
Land in the northwest was encountered
to the extent of Sill, SIS The record OF
loans in the other city sections was:
Southeast. s35,349.27: northeast, S3l, 914. 50,
and southwest IS 500