The Washington times., 1914-08-22
TRADING IN REALTY
GROWS IN VOLUME
Total of 361 Lots Changed
Owners This Week, Compar-
ed With 228 Last Week.

Realty trading in the third week OF
August displayed a decided increase in
volume over the actively Of the pre-
ced!ng week. A total Of 361 lots ana
parcels Of real estate changed ownsrs
il the past six days, as compared with
rs lots included in the activity of the
second week of the month.
Even in the nurrper OF transactions
effected the last week witnessed
slight advance ever its immediate pre-
decessor The brokers succeeded IN
dosing lis transactions this week, "hlle
their record IN the pfeceolls "eeh Iao
been ia sales.
In the quality of sales-that is. in
The matter of large consideraions-the
third week of August falls to snow as
we'll as the preceding one, when three
sales involving approximately slO,0V0
each were consumlnated. The biggest
sale of the last week in price. accord
ing to the figures shown in the records,
involved n consideration or So5,0ou onlE.
The second largest sale was for SSoVV
Several others were erected around
s25, 900.
Suburban Land Sold.
The largest transaction of the week in
suburban property was the sale OF ~
lots in the subdivision of Marshall, in
the northeastern section of the county.
The Union Savings Bank transferred
these lots to Joseph Sherier, as trus-
lee. The consideration is not stated,
and the names of the persons repre-
scented by Mr.. Sherier are not disciosed.
The intention OF tie purchaser wlta
reference to the property Is not an
This sale insured the lead of the mar
ket to the outlying suburbs. bringing
the total of parcels sold in that section
TO 244 The near-urban district was IN
second place. with Is lots conveyed, fol-
lowed by the northwest with 81 lots
transferred There were Is lots sold in
the southeast. Is in the southwest, ana
9 In the northeast.
The Fritz Reuter- Hotel property, at
Pennsylvania avenue and John Mar
shall place, was the principal sale o.
the week. The property was sold at
auction by Wharton E. Lester, trustee,
for a consideration Of SS5.Ooo, TO Jonn
Shughrue and Charles H. Dismer, RS
trustees.
For a Price said to be SS5.oOo. Frank
lin v. Killian bought the property 5o4
Eleventh street northwest, ADJOINING
the new building of the perpetual
Building Association. at Eleventh ana
z streets. The building was owned ny
Charles P. Stone and Charles w. Fair-
fax. AS part consideration for this sale
Messrs. Stone and Fairfax took over
the property of Mr.. Killian, at 1882
Pennsyivan mia avenue northwest Wh1ch
runs through to D street and includes
premises 1929 D street northwest
Sells An Apartment.
James n. Huston. former United
States Treasurer, sold the apartment at
2ll3 to 2117 Tenth street northwest TO
Isaac II. Radford. The consideration
stated in the deed was only nomnai.
John W. Brawner. who has held tue
TO the Gunton building, at 4I2 to 4fs
louisiana avenue northwest, trans
ferred the title during the week TO hln-
self as trustee, without naming the per-
sons for whose interest he Ito hold the
property henceforth. Charles III. Butter
purchased premises 1928 and l6Sg Nlne,
teenth street northwest, from Rfgnaid
w. Bean and Guy Birckhead. The
price is not stated.
Ernest G. Walker, newspaper corIe-
spondent who has been operating ck-
fensivcly in real estate, increased ms
holdings this week by the purchase OF
two lots in the section near the $1.0oO,eUo
Connecticut avenue bridge, known as
Truesdelrs addition to Washington
Heights One lot was purchased from
Mrs Max Fischer and the other from
James 3. Winner. Mr. Walker will build
on the property
Among the residences sold during the
vest, bought by James L. Karrick from
Vina D. and Reinhold Won Rosen. The
price is not announced. The Won
Rosens purchased from William P. Met
calf lot in Holmead Manor. Samuel
r. and Katherine E. Hickman bought
house 1910 Irving street northwest from
Charles T. Burns. Annie w. Tully is
the purchaser of 1880 Ontario place from
Maria Dreyer. Annette P. Frazier sold
premises 2l12 Eighteenth street to VII
liam NJ. Reading and bought 1112 Mon
roe street northwest. The house ct 1898
Fourteenth street northwest was sold
by H. Sydney King 10 Noah r. Robin
son.
Decline In Loans.
4 decline IS noted this week ir Ihe
loa2 market, where the figures dropped
20 S28, 52. This sum was borrowed
on the security of 12s lots at an average
interest rate OF Sc per cent
Straight loans continued TO dominate
SUMMER RESORTS