The Washington times., 1915-07-24
new REALLY RECORD
/. FOR JULY IS LIKELY
One Hundred and. Forty-nlne
Transactions Closed During
Last Six Days.

Real estate trading for the third
week of July was regarded as highly
satisfactory by brokers. Willie 1t
showed a sill zht decline from the record
breaking figures Of the preceding SIX
days, yet 1t kept pace with the activity
Of the corresponding week of last year.
Should the expectations Of the brokers'
for the coming week he realized the
record for July probably will surpass
the figures of July. 1874.
During the rast six days the brokers
closed 149 transactions sustaining a
daily average of twenty-five sales. In
volved in the weeks operations were
275 lots and parcels Of real estate. Yes
ter6ay was the busiest day Of the week,
having thirty-f1ve sales to its credit.
followed closely by Thursday with
1iiirty-four transactions Wednesday
>anked third with thirty Gales COM
Neted. There were twenty-one deals on
Tuesday and nineteen on Saturday.
Monday was the poorest day Of the
week, there being only ten sales re-
corded.
The outlying suburbs continued to lead
the weeks trading with ninety-seven
urban district ranked second with fifty-
eight lots conveyed, followed by the
northwest with forty-six lots trans
ferred. There were forty-five lots sold
southeast and seven in the southwest.
No High-Priced Sales.
The weeks transactions were devoid
Of high priced sales. and the business
section played but a small part in the
weeks activity. The sales comprised
mostly medium-priced residences and
apartment houses. With a few building
sites.
South Washington furnished tho
highest priced sale Of the week. For
$4,000 Nikolaus Auth conveyed the
business property. Sls to 80 D street
Company.
A sale involving $4,000 was reported
IN southeast Washington on Wednes-
premises sol to 5l5 First street south
east. The purchaser was Louise A.
Davidson.
The Redwood apartments. at 1s1s-1s21
oesioran eeain th,s street no.thwsst: were sold
Berry. Miss Ethel NJ. Rutsy. who
ACQUIRED the property in q trade from
Walter yvs .so Il Il kiopfer; sold to Mr.. Berry
10 ror ~ s2o5oo &C according to the revenue
A site for . new apartment house
was bought Yesterday by Harry
WardInan and Thomas Bones on the
north side Of Columbia road, between
chase price was indicated by the
revenue stamp as SIT 900. Isaac Haz-
lett was the seller.
DR.. Edward F. Pickford sold his
Wilhelm E. Krechting for about
$4,000. The physician purchased from
David J. DUNCAN the residence at
1898 Sixteenth street northwest. The
price paid was not stated.
Joseph Auerbach Yesterday acquired
the property OF the Walker Memorial
Church on Thirteenth street north
west. between y and v streets. The
property was sold by John Ridout,
trustee, for $500 over the amount se-
cured as encumbrance on the prop.
orty.
Money Market Declines.
The decline in the money market
was even more noticeable than in the
sales department. The exact figures
in loans for the third week OF July
were $456.6h53S. This sum was bor-
rowed on the security Of 276 lots at
an average interest rate Of 58 per
cent.
Straight loans remained in the lead
Of the market. displaying an aggre-
rate Of s312.472.97. The sum OF all
the notes given for deferred purchase
money was ss2.osz.41:, The building
County property won highest favor
as a basis for loan security being
pledged for a total Of $237.s61.s3.
Land IN the northwest was encum-
hored to the extent Of $116s45.S4.
while $66,450 was borrowed on prop
erty in the northeast. Loans in the
southwest totaled s2l.sc0. and in the