The Washington herald., 1915-12-19
REALTY MARKET
SALES SHORTEN
Holiday Spirit Doesn't Affect
Them as Much as Last
Year.
FRIDAY IS BANNER DAY
Several Important Business Propertie.
Are Involved in Weeks Transac-
tions-Loans Drop Of. ,

The approaching holiday spirit af-
fected the realty market in the Dis
trict, during the second week Of De-
cember. Brokers closed only 125 sales
involving 1873 lots and parcels Of real
estate, as compared with 139 sales in
six days. In the second week Of De-
cember, 1914, only 112 transactions.
involving 10 lots. were closed.
Ii Friday was the banner day, having
twenty eight sales to its credit Thurs
day raAked second with twenty-six
deals. Wednesday followed with
twenty-five. Monday twenty-one, Tues
day thirteen. and twelve during the
halliday yesterday.
Biz Business Sales.
The near-urban sections made a
strong effort to dislodge outlying su-
burban property for first place. ThA
suburbs reported the transfer of
sixty-nve parcels. while the near
urban districts figured in forty-nine.
In the northwest. forty-one deals were
closed: northeast. nineteen: southwest,
fourteen. and southeast. eleven.
The business section was the scene
of several important sales during the
week. Premises 419 and 42l Ninth
street northwest were transferred to
Ida B. O'Neill by the District Amuse-
ment Company. for a consideration in
dicated by the revenue stamps to have
been $4,000. The property is now in
the form of two improved stores with
| an additional story. 1t is not known
whether any changes are contemplated
by the purchaser.
The busines property at $50 Penn
| sylvania avenue northwest was ac-
Quired by Barch & Kleps from Saliva
dor s. Richard for $21.50o. The pur-
| chasers will move their present bust
ness in Louisiana avenue to the new
property
Laura B. johnson sold the property
on the northwest corner of Sixth and
F streets northwest to Nicola Genua,
who later transferred it to Marcus
Notes. The stamps indicate a value
OF $500.
The Nixon estate transferred to Charles
II. johnson a tract Of land at the juno
ton of Thirty-fourth stteet and woodley
| road, In the subdivision known as Pretty
Prospect. The revenue stamps suggest a
cash payment of $500. MIR. johnson
placed a trust on the land to secure the
National Savings and Trust Company
s4s,5oc.
Buys Property Next to Plant.
The property at the junction Of Massa-
chusetts avenue and California street
was bought by Charles II. and Nellie T.
Harlow. The seller was Mabel G. Bell.
| and the price Is said to have been sl3. 600.
Holmes & Son Baking Company pur-
chased premises 61s and go New Jersey
avenue northwest. The properties are
adjacent to the corporations plant. and
were acquired from John J. Minahan and
Mary Dunno. The consideration is not
stated.
The Christmas spirit also affected the
loan market The exact figures for the
week were $6lo9l5.A. This sum was bor-
rowed on the security of 24s lots at an
average interest rate of So per cent. The
faeture of the market was the total of
straight loans. which aggregated s423, ,5T.
Building associations advanced $1,000 to
members.
The st. Paul apartment, Fifteenth and
Pierce streets northwest. was transfer
red last week for the third time within
three months. The latest purchaser is
Charles E. Trilby. who takes 1t over in a
trade made through the Offices of the
Paul v. Mitchell Company. As part pay
ment Mr.. Trilby gave premises 1855 Third
street, 1+o6 Thirty-fourth street north
west. 1895 Fourth street northwest and
el4, 91S and 91S Fifteenth street southeast
The stamps indicate the total to have
been In the neighborhood of $4,000.