The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1915-08-08
REALTY Trading
REMAINS ACTIVE
August Normally Dull Month,
bu. Starts Of Unusually
Brisk.
NORTHWEST AGANLEADS
Society of Oblate Fathers to Erect
Building in Brookland-A. F. of L.
to Start Work Soon.

August. usually a dull month for
realty trading in the District, was
ushered in with the same brisk vol
ume of business that surprised brok-
ers during July. One hundred and
seven transactions We're closed during
the week ended yesterday, involving
IFS lots and parcels of real estate.
Brokers say the summer has been a
most active one, and expect it Will
set a new record by fall
Tuesday was the busiest day of the
week twenty-five shares being closed.
Wednesday and Saturday each re-
corded twenty sales. On Thursday
seventeen deals were effected, Friday
fifteen and Monday ten.
Northwest Regains Lead.
The northwest section surpassed the
suburban districts for the first time
in months, figuring in fortyfour deals.
The suburbs ran a close second, with
forty-three sales. In the near-urban
districts forty transactions were closed
There were twenty-seven lots sold in
the northwest and twenty-one in the
southeast. There was no trading in
the southwest.
George Truesdell borrowed from the
American Security and Trust Company
S230.o00, for which he pledged prop
erty in Widows Mite. a subdivision
laid off by Mr.. Truesdell. The only
transaction in the business section was
the purchase of 722 Thirteenth street
northwest Walter H. Tuckerman sold
his interest in the property to Sarah
G. Thompson. The price was indicated
by tie stamps to have been $4,000
The house at 1850 Q street northwest
was purchased by Heloise McCue
Sands from Lizzie NJ. Palmer. Prem
Uses s15 and 917 Sixteenth street north
west were purchased by Katie w.
Harlan from Minerva S. Wynne.
The loan secured by Mr. Truesdell
swelIed the figures of the loan market
for the week to S5o1.3S3.SI. This sum
was borrowed on the security OF los
lots at an average rate Of 81 per cent
interest. Straight loans held sway. ag-
gregating s416.932.1S. The sum of all
the notes given for deferred purchase
money was s45.S2S.69. Building asso-
Citations advanced S3S,650 TO members.
Oblnte Fathers to Build.
Permits for residential Improvements
Of both the investment and private
home type featured the building oper-
ations recorded during the week. The
Society of Oblate Fathers. a religious
order of Massachusetts,. secured per
nit to erect a large scholastic building
opposite the Catholic University in
Brookland.
1t will be three stories high. OF brick
and stone. and will cost $4,000.
Henry L. Rourke. of Lowell. Mass, Is
architect and Boyle Robertson Com
ranv arc the builders The building
will correspond to the Gibbons Me-
mortal Hall of Catholic University.
which is situated across the road from
the proposed structure.
Harry Wardman sold five houses of
the two-story and attic type in LIZ
coin road northeast. The sales repre-
sent $4,000.
Work soon will be started on the
proposed five-story home of the Amer
lean Federation of Labor at Ninth
street and Massachusetts avenue
northwest. II will extend back 1913 feet
on Ninth street and will have 'front.'
age of sixty-one feet on Massachusetts
avenue 1t will be completed about
March l. 1916. The building will be
simple but substantial and attractive.
An important step toward the devel-
opment of Harvard boulevard. at Six
teenth street northwest. has been made
in the completion of six residences by
Lewis E. Breuninger.
$4,000 Involved in Deal.
D. ! DUNCAN purchased through
Moore g. Hill lots with total frontage
of 100 feet on California avenue be-
tween Twcnty-third and Twenty
fourth streets northwest. The consid-
Grafton was $4,000. Mr.. DUNCAN will
erect three scmi-detached residences.
Plans are being prepared by B. Stanley
Simmons