The Washington times., 1915-07-31
Five Hundred and Eighty.one
Transactions Closed, InvoIv.
ing 1886 Parcels.
$,s00,00O IS INVOLVED
No Similar Amount of Business
Done in Summer Month Since
1912, Review Shows.

Realty trading for July assumed large
proportions and verified the forecast Of
The Times that the month would take
high place in the city's annals for mid
summer activity. During the month
closing today the brokers completed 5Sl
transactions. in which were involved
1885 parcels Of real estate. The total in
vestments in the purchase Of and loans
on real estate were A.s00,ooo.
The reviewer has to harken back to
1912 to find a midsummer month with a
record exceeding that established dur
ing the last thirty-one days. IN July
1914 the brokers closed only $40 sales.
comprising s7s lots and the investments
aggregated but $3.51o.ooo. The record for
July. 1918. was $4.176.ooo. The high mark
in investments was made in July. 1912.
when a total Of $685., 900 was reached
and the brokers made 7s5 sales involv-
ing 1916 lots.
July. 1915. established a new mark for
a total days recordation for July in the
office Of the Recorder Of Deeds. Last
Wednesday Acting Recorder Dutton re-
ceived for record 173 papers. The next
highest record for a July day In the
history of the office was 100 papers, in
July. 1911. Last Wednesdays activity in
the recorders office has been excelled
only once. This was November 30 last.
when 226 papers were filed to avoid the
war revenue stamp tax, which became
effective December I. The high mark
before that date had been 169 papers.
recorded June 80. 1898. the day before the
Spanish war stamp tax had to be paid
With the exception Of these two extra
total recordation has been the best ever
known in the office.
Unusual Activity.
The brokers continued the unusual ac-
tivitv for summer throughout the
fourth week Of July. Tho record for the
last six days shows lE transactions
effected In which were comprised $50
lots and parcels Of real estate. Although
there were more papers filed on Tues
sales belongs to Friday when thirty
three trades were effected. Monday ran
a close second. with thirty-one deals
closed On Tuesday twenty-seven trans
actions were recorded. while Saturday
and Wednesday were tied with twenty
one sales each. Thursday was the most
inactive day Of the week. only fourteen
sales taking place on that day.
Nearly 500 parcels changed owners this
week in the outlying suburbs, and
placed that section we'll in the lead OF
the market. the exact number being 493.
The near-urban district was in second
place with fifty-one lots conveyed. The
northwest led the city sections with
thirty-nine lots to its credit. followed
closely by the southeast with thirty-five
lots transferred. The southwest had
twelve lots sold, while nine lots were
conveyed in the southeast
The old Havemeyer tract on the east
side of the Anacostia river. containing
lSS acres, was the highest-priced sale Of
the wee week; aoo The property was acquired
for $4,000 by the Columbus Co-opera-
tive Corporation While those interested
decline to discuss their plans at this
time. 1t Is supposed the property will
be subdivided for the fall market.
Charles w. Barbee sold to Minnie e.
Messick the property at 1925 to 1929 Ken
yon street. The price is indicated by the
stamps affixed as $4,000.
The business property at l901-1903 Four
teenth street northwest was sold to
Robert II. Featherstone by John c.
Cook and others. The price paid for the
property was about s34.50O.
F Street Property Sold.
Samuel Goldenberg and Charles R.
Moran as trustees, sold the property at
2o2-2O4 F street northwest. to William J.
Brewer for a consideration Of $50, 900.
The N. Auth Provision Company sold
Its interest yesterday In the Washing
ton Abattoir on Benning road to the A.
Loeffier Sausage and Provision Com
pany for $27, 500 3S. This structure was
occupied by the N. Auth Provision Com
pany. The A. Loeffler Sausage and Pro-
vision Company and T. Il. Keane Com
pany. The two latter corporations will
continue the occupancy Of the property
Property near Eighteenth and Cali
fornia streets northwest, was sold by
J. Thilman Hendrick for SlS.50O. Charles
Selden. jr.. was the purchaser.
The Senate apartment house on Sec
ond street. near Maryland avenue north
east. was sold to A. NJ. Adair for about
The million-dollar mark was passed
this week in the loan market. The ex.
act figures were 81 .2l, S26.S4. This sum
was secured on 435 lots at an average in
terest rate of 81 per cent.
Straight loans remained in the lead OF
the market displaying an aggregate OF
S6l 5000. The sum of all the notes giver
for deferred purchase money was $lS7.
1854. The building associations ad.
Nanced to members $72 900.
County property won highest favor as
a basis for loan security being pledged
for a total of S9lS,536.S4 Land in the
northwest was enCumbered to the ex.
tent of $1l,43o, while slS,775 was borrow
ed on property in the northeast Loans
In the southeast tOtaled $9,lS5, and iI
the southwest $500
GeOrOe Henry Dawson