The Washington times., 1915-09-25
BIG VALUES MARK
WEEKS EXCHANGE
IN REALTY MARKET
Decline in Activity Seen Over
Preceding Week, But Quality
Goes Up.

The sale of high-priced property con-
stituted the feature Of the realty trad
ing for the third week Of September
A business block was sold for $25UO,
an apartment house changed owners
at q valuation of about $l55 900, New
Hampshire avenue residence brought
$ss,CoO, another home sold for SSl.oW, },
and a smaller apartment building was
transferred for $ss.soo. Many other
sales Of valuable properties were COM
pleted during the week, which was re-
garded by the brokers as noted more
for the auality than for the quantity
The third week of a month usually
shows a decline In activity and the
past week was no exception. The pro.
kers reported only 121 deals effected
within the past six days, IN which were
estate. The daily average OF tradinS
suffered a loss of three points as COM
pared with the preceding weeks rec
ord. ....
Suburbs Most Active.
Friday was the banner day Of the
week. having twenty-nine sales to its
credit. Tuesday ranked second with
twenty-seven deals effected, followed
closely by Thursdays record Of twenty
six trades. There were seventeen sales
reporte on Wednesday. fourteen on Mon
day and eight on the half-holiday Of
Saturday.
Outlying suburban property was the
most active during the week, showing
= total Of seventyssi. ysa parcels ehans. Is.
weeks trading was the boom In the
southeast section. where thirty-three
lots were conveyed, which brought that
section on q par with the near-urban
The northwest was in fourth place
with thirty-one lots transferred. There
were eight lots sold in the northeast.
and five In the southwest.
The third side of the triangular sale
of last week involving the Northumber-
land apartments and the Dewey Hotel,
which was thought then to have been
a cash payment to William J. kehoe.
was disclosed this week. James Sharp
conveyed to Mr.. Kehoe the business
building at 7o5 and 7o7 Market Space.
which forms part Of the 8. kann
Sons & Co.'S department store. The
price paid as indicated by the revenue
a lease on the property until 1920 at
an annual rental Of $4,000.
High Priced Sales.
The Biltmore apartment at 1910 Bilt-
more street. was the next highest priced
sale of the week. Alberto L. Godoy sold
the property to Jesse NJ. shreve for a
price indicated by the stamps at $l54.oo8.
The building contains twenty-three
on the rear Of the property. Land at
Glen Echo and in Prince George county.
Md, are said to have figured as part
OF the consideration.
,l~ ot4 VI &c of
to 211 East Capitol street, forming a
part of what is known as Grant row,
we're bought this week by George 8.
Ziler, trustee for about T5 ooo The
Library Of Congress. belonged to the
Phoenix Mutual Life Insurance Com
pany, which sold to Thornton Carusi,
who transferred his purchase to Mr..
Residence Purchases.
r. Golden Donaldson sold a residence
on the west side of New Hampshire
avenue, just above r street. for $4,000.
The purchaser was Stephen l.. H. slo-
cum. Mrs. 8. G. Cornwell's home at 2140
Wyoming avenue. was bought by Frank
P. Reeside. secretary Of the Equitable
ssl 900. Mr.. Reeside. will occupy the
house. which has fourteen rooms and
five baths, and is on a lot boxl46 feet.
The Melton nd b.. apaytments TarS at Fourth
transferred by trustees under a default
sale. The purchaser is William L.
Browning. who bid $33, 800 for the prop
erty.
Special Assistant Attorney General
Harvey Given sold his new home at
S776 Morrison street. Chevy Chase. for
S10.5 500. The purchasers are Richard T.,
. nd Jane W. McKnew. who will make
1t their home.
Two valuable leases were recordtd
this week. Isadore Saks has rented to
5. H.. Stinemetz & Son Company the
at Twelfth and F streets north
west for Q term ending April /. 1928, at
an annual rental OF SIS. 900. The leased
premises include 1901. l2Olh and 1908 F
street northwest and e4 and COS Twelfth
street.
Loans Show Decline.
George Q. Pattee. of Portsmouth, n.
H.. has leased the Dewey Hotel at 1850
l. street northwest for eight years and
three months. He has agreed to ,pay
SO GOO per year for the first three years