The Washington times., 1915-12-18
Second Period in December
Fails to Measure Up to
Previous Six Days.
SUBURBS CONTINUE IN LEAD
Downtown Business Property
Also Figures Prominently in
-Trading-Some Big Sales.

Realty trading suffered a slight de-
cline during the second week of Decem-
Der from the activity OF the preceding
six days In quality also the trans
actions did not measure up to the pre-
vious weeks business. An advance
OF more than 10 per cent, however, is
SHOWN in the number OF sales and in
the volume of trading as compared
With the corresponding week of lJl4
During the second full week of Do
Cember the brokers completed 10 deals
parcels of real estate. In the preced-
ing week 1S9 sales were made in wnlcn
were included 242 lots. During the week
ended December 19. 1914, the brokers
sold 10 lots IN liz transactions.
The selling on four out of the six
days displayed little variation. Trad
ing was decidedly poor on the other
two days. Friday again proved the
sales to it's credit Thursday ranked
second with Is sales. followed closely
by Wednesday with 70 deals. There
we're q trades reported on MONDAY
13 on Tuesday, and II on the halt-holl-
day of Saturday.
Suburb Still Lead.
The outlying suburbs continued in the
lead of the market despite decided
'bid'' for supremacy from the near
the transfer of s. parcels. while AZ lots
changed owners in the area nearer the
old city limits. The northwest was IN
third place with II lots to its credit.
I here were 10 lots sold in the northeast,
/ IA IN the southwest, and IL in the soutn-
east.
Downtown business property prayed
prominent part in the weeks trading.
While not furnishing the chief sale OF
the week this section was the scene OF
several important deals. The largest
transaction in business property in
Volved premises 419 and AZ Ninth
street northwest, adjoining the Garden
Theater on the south. According to
the revenue stamps and the inculn-
brances on the property, the considera-
B. O'Neill is the purchaser. The title
10 the building stood in the name of the
District Amusement Company.
Attached to the deed are revenue
stamps Of saS and the purchaser placed
two deeds of trust on the land. one to
secure the washington Loan and Trust
Company So, 900, payable In three years,
and the other to secure Edward l..
Brady $4,000 in one. two. and three
years. The property Is now improved
iy two stores with an additional story.
Whether the building Is to be changed Is
not announced.
Burch & Kleps bought the business
property at 4s0 Pennsylvania avenue
..
for $21, 800 The new purchasers will re-
move their business from Louisiana
avenue to the new address.
The property at the northwest corner
e sixth and F streets northwest. which
ia Improved by a dwelling with an en-
trance on Sixth street, changed owners
during the week. Laura r. Johnston
Cold the land to Nicolo Genua. who
later transferred the property to Marcus
Votes. The stamps indicate a value Of
$500
The chief sale Of the week. II the rev.
enue stamps indicate q cash consider
ntion over the incumbrance. involved a
tract of lard at the junction of Thirty
west. in the subdivision Rnown as Pret-
" Prospect. The NiXor estate trans
ferred the property to Charles VI. John
son. The stamps suggest cash pay
,aent of s57.GOO. Mr.. johnson placed n
trust on the land to secure the National
Savings and Trust Company $i3 FOO. IF
these sums are to be added a consid-
n"ation of 100000 would be included in
the deal.
Sheridan Circle Deal.
For price said to he $4,000 Charles
IT, and Nellie T. Harlow bought OF Ma
bel @. Bell the property at the junction
Of Massachusetts, avenue and California
street. The property is in the vicinity
~ Sheridan cfircle and In the sub
division of Belair Heights.
HolfIes & Son, the bakery corpora
'ion. added to its realty holdings this
week by acquiring premises 61S and So
New Jersey avenue northwest The
properties are adjacent to the corpora
tons plant end was purchased from
John ]. Minahan and Mary Dunne. The
consideration is not stated.
The loan market also su~taired a
slight falling off this week. Tho exact
figures in the loans of the past six
dnvs were S610a1544 This sum was bor-
rowed on. the Security nf 246 lots at an
average interest rate of Sc per cent
The feature Of the market was the
total Of straight loans, which reached
Nanced TO members t1Oi .0G0. The sum
"f all the notes given For deferred pur-
chase money was $50. .I3S a
County property WAS most hichIv IA
Nored asa basis for loan security, being
pledged for an agcresate 1T S3qS 1s7. II
Land IN the northwest was encumkered
10 the extent OF &l54.J 20. Tho record nj
loans in the ether C'tV sections was:
Northeast. SOS -ol; southeast. $27, $50, and
southwest, $I.52G