The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1915-07-25
REALTY TRADING
DROPS SLIGHTLY
But Volume of Business May
Surpass that Of Same
Month Last Year.
TOTAL l49
Walker Memorial Church Bought by
Joseph Auerbach-Bids Opened for
Home of Ford Motor Company.

Although realty trading dropped slight
ly last week from the unusual figures Of
the previous six days, brokers say tina
unless business slumps this week thu
volume Of trading for the month vii
equal, II not surpass that of July, 1914
A total of 14s transactions. being a dali,
average of twenty-five sales. were re-
corded last week. Involved in the trans
actions were 275 lots and parcels.
Friday was the busiest day, having
thirty-five sales to its credit. Thursday
witnessed thirty-four sales, Wednesday
thirty; Tuesday, twenty-one; yesterday
nineteen. and Monday. ten.
The outlying suburbs continued to lead
ninety-seven deals being closed in those
sections. The near-urban districts
ranked second with fifty-eight lots con-
veyed. within the city limits, the north
west section figured in forty-six trans
actions. There were forty-five lots sold
in the northeast, twenty-five in the
southeast and seven in the southwest.
The majority of-thS weeks sales con-
sisted of medium-prfced homes. There
were no large sales and the business sec
ton played a small part. The highest
sale of the week took place in the south
west, where Nikolaus Auth conveyed the
business poperty at 633-S19 ID street to
the N. Auth Provision Company for
$50 co.,
In the southeast Allan Mel Albert
sold premises sol to Sis First street to
Louise A. Davidson for a sum said to
have been 10000 The Redwood Apart
ments. 1s19-1S21 Corcoran street north
west. were sold to Washington Berry by
Miss Ethel NJ. Rutty for a price indicat-
ed by the revenue stamps to have been
$50 500.
Harry Wardman and Thomas Bones
bought a site for an apartment on the
north side Of Columbia road, between
Quarry and Ontario roads. Isaac Haz-
stamps indicate the consideration. to have
been $1,000 DR.. Edward r. Pickford
sold his home at 1910 East Capitol street
to Wilhelm f. Krechting for about 5000
The physician purchased from David J.
DUNCAN premises 1888 Sixteenth street
northwest.
The Walker Memorial Church. In Thir-
tenth street between apd streets
northwest, was sold FridaS to Joseph
Auerbach. The sale was made by John
Ridout. trustee. for $500 more than the
encumbrance On the property.
The money market suffered a sharp
ucClHc, the tOtdI amount loaned Delng
$i55. IS. This sum was borrowed on
the security of 275 lots at an average in
terest rate of SIS per cent Straight loans
continued to lead the market, compris-
ing an aggregate of ST.. The sum
of all the notes given for deferred pur-
chase money was S., 0S2.4I. Building as
sociations advanced ssl, 100 to members.
A dozen small homes have been COM
pleted by Kennedy Brothers. Inc. in Irv-
ing street, between Eighteenth and Nine
teenth streets northwest. They also an
nounce on eight operations soon will COM
mence on eight additional homes adjoin-
ing the present ones.
Bids were opened in Chicago on Friday
for the contact to erect the new home
of the Ford Motor Car Company at John
Marshall place and Pennsylvania avenue
northwest. 1t is understood the plans
call for an expenditure of 100000 The
building will be of Reinforced concrete
with white marble and terra Gotta
front. 1t will conform with the general
style of the government buildings
l. o. Stewart & Bro. coal. wood and
ice merchants, are planning to erect
garage to accommodate fifty motor
trucks at 143 Twelfth street northeast.
Plans are being prepared by Charles 4.
Ford.