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 slight de-
cline during the second week of Decem-
ber 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 1914.
During the second full week of Do
ccmber the brokers completed Us deals
III which were involved l99 lots and
parcels of real estate. In the preced-
ing week 139 sales were made in wnlcn
we're included 242 lots. During the week
ended December 49, 1914. the brokers
sold 10 lots IN III transactions.
The selling on four out of the SIX
days displayed little variation Trad
two days. Friday again proved the
busiest day OF the week. having -
sales to it's credit. Thursday ranked
second with Is sales. followed closely
by Wednesday with Is deals. There
we're q trades reported on MONDAY
13 on Tuesday, and II on the halt-holi-
Gay OF Saturday.
Suburb Still Lead.
Tho outlying suburbs continued in the
lead of the market despite decided
BID for supremacy from the near
urban district. The suburbs reported
the transfer of 65 parcels. while ~ lots
changed owners in the area nearer the
old city limits. The northwest was IN
third place with Al lots to its credit
I here were 10 lots sold in the northeast
! il IN the southwest. and II in the soutn-
east.
Downtown business property played
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
Nolved premises 419 and Al Ninth
street northwest, adjoining the Garden
Theater on the south. According to
the revenue stamps and the inculn-
brances on the property, the consldera-
tion was in the vicinity of $4,000. Ida
y. 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 $33 and the purchaser placed
two deeds Of trust on the land. one to
secure the WASHINGTON Loan and Trust
and the other to secure Edward l..
Brady $4,000 in one. two. and three
wears. The property is now improved
l,v two stores with an additional story.
Whether the building is to be changed Is
not announced.
Rurch & Kleps bought the business
property at $50 PENNSYLVANIA avenue
northwest from Salvador s. Richard
for s.. 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
- improved by a dwelling with an en-
trance on Sixth street, changed owners
sold the land to Nicolo Genua. who
later transferred the property to Marcus
Votes. The stamps indicate value Of
$500.
The chief sale Of the week. IL the rev.
"nue stamps indicate cash consider
"tion over the incumbrance. involved a
tract OF lard at the junction Of Thirty
fourth street and WoOdley road north
vest; In the subdivision anown as Pret-
" Prospect. The Nixor estate trans
ferred the property to Charles ". John
son. The stamps suggest cash pay
jnent of S7JNn. Mr.. johnson placed n
Savings and Trust COMPANY 81 Eoo II
these sums are to be addec p consid-
r"ation OF 500 900 would be included in
the deal.
Sheridan Circle Deal.
For a price said to he $1,000 Charles
lT, and Nellie r. Harlow bought Of Ma
h"l g. Bell the property at the Junction
Of MASSACHUSETTS, avenue and California
s., S,rest, slou,d The prrGnrrty Is in The vicinity
division of Belair Heights.
Holr'es & Son. the bakery corpora
tion. added to its realty holdings this
week by acquiring premises 61S and so
EeW Jersey avenue northwest. The
properties are adjacent to the corpora
lions plant end was purchased from
John J. Minahan and Mary Durne. The
consideration is not stated.
The loan market also su"+aired a
slight falling off this week. Tho exact
figures in the loans of the past siv
dANs were S610.a15.4t. This sum was bcr-
''wcd On. the se"urity nf 246 lots at an
rat nf ~
The feature of the market was the
total of straight loans. which reached
sto3,57I. The building associations ad.
Nanced to members !1O4. IN. The sum
# all the notes given cor deferred pur-
chase money was tS2.I2S44
County property WAS most hi"bIy IA
Nored asa basis for loan security heiry
pledged for an rccr"Gate uf s3oS, rS7 a
Land In the northwest was cnCumhered
70 the extent of N5i.J-2. Tho rrcCrd of
loans in the ether CIV sections was;
Northeast. sos -ol: southeast. So, $50 and
southwest. sl.52t.