The Washington times., 1914-06-13
REAL ESTATE SHOWS
HIGH MARK FOR 1914
lone of Market Also Indicates
Decided Improvement-0ne
Sale Exceeded 100000.

The volume of realty trading during
me second week of June set high
mark for 1914 operations A total of
'i9 lots and parcels of real estate
changed owners during the past six
days. This is nearly twice the number
II lots sold in the opening week of the
month. and is more than half the ag-
Eregate of. conveyances for the entire
month of May
The tone of the market also showed a
decided improvement. One conveyance
was made for a consideration in excess
Of 100000 and two others were near the
$4,000 mark. Nearly an entire square
Of ground was included in another
transaction and extensive operations in
suburban holdings were recorded.
In the matter of the number of sales
effected. the week also shows an ad-
vance over the activity Of the opening
days of the month. Ten more trans
actions were completed during the past
six days than in the initial week of
June. The total of transactions this
week was 157, being a daily average of
twenty-six deals. Thursday was the
busiest day of the week. when thirty
seven sales were closed. Wednesday
Tanked second with thirty-three trades
while twenty-seven deals were effected
N Friday and twenty-siX on Tuesday.
Mondays record was eighteen sales,
while Saturdays half-holiday wit
messed the closing of sixteen sales.
Suburban In Lead.
The northeast section strove man
fully to retain the lead of the market
which it held last week, but the ex-
1ensive purchases of suburban property |
Dut ii in second place. There were 2S7 |
parcels transferred in the outlying |
suburbs. and III lots conveyed in the |
northeast Third place is held this week |
by the near-urban district with seventy
Jwenty-nine lots sold in the southeast, !
tewnty-eight in the northwest and |
seventeen in the southwest
The largest sale of the week involved |
premises SIS and S17 Fifteenth street
northwest, directly north of the South
ern building. Frank II. Edmonds SOLD
ms property to Thomas Bones ana
u ohm II. CLANCY. The price while not
stated in the deed, is reported to have
been in advance of 10000 There is
an encumbrance of $500 on the prop
erty.
The old Army and Navy Club build
ng. at Connecticut avenue and I street,
vas purchased by Frank H. Edmonds
rom Clarence A. Marshall, to whom il
nad been conveyed by Harry Wardman.
-lr Wardman secured this property
.ast March from Frank Walter in the
: Tade by which Mrs. Walter became
The owner of the Avondale apartments,
at l75S P street northwest II
A downtown business block also fig-
lred In the weeks trading. II. Rozier
Dulany acquired yesterday the store l4oi |
he Willard Hotel. The consideration I
2 aid TO Annie E. Mcqueen for the prop ,
erty Is not made public.
Nearly the entire area of two squares '
.-rnTnd in ha D..
veyed this week. James R. Ellerson
and Thomas II. Pickford bought nine Z
teen original lots in the square bound 2
I'd by L. NJ. Third and Fourth streets n
samuel Maddox conveyed to different | Il
7Irchasers a large portion of the &
-quare between Tenth and Eleventh and
and K streets northeast. {
Pew Is Transferred. IL
An interesting transfer. which, while I
rot conveying real estate. was made T
ith all the formalities of a deed, in /
olved the change in title of a pew in :
I. Johns P. E. Church, at Sixteenth / \
nd II streets northwest The pur- b
haser is Gist Blair. who paid 5000 to f
he former owners of pew No. l04, who >
ere Amanda J. Ray and others. The
-ansfer was duly acknowledged and I,
ed along with the land records of the 7
district r
The general improvement noted in 81
atty circles this week extended to ei
1e lean market. where. an increase c.
T nearly $l50,000 in the volume of b
usiness is noted over the opening
eek of June. The exact figures in W
cans this week were $497, 1856. This ~
: m was borrowed on the security of ~ ~
= lots at an average interest rate IL
Z 81 per cent
Straight loans continued to domi- r
ate the market, showing an aggre-
ate Cf 1915. .S66.3S. The building as
citations advanced to members So
%. The sum of all the notes given
Or deferred purchase money was
9.2lO.5S.
County property was most favored
loan security. being pledged for a
7tal Of 5000, ,SSo.01. Land in the
orthwest was encumbered to the ex-
mt CT slsO,41S.61. The record OF
ans in the other city sections was:
ortheast. SI6.400: southeast, Sl9,- IA
s.34, and southwest. s1S.5 500.