The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1916-07-08
Only 1902 Transactions, InvoIv-
ing $50 Parcels Of Land,
Recorded in Period.
JULY FOURTH INTERFEREs
Many Brokers Made Monday
and Wednesday Holiday Too,
Limiting Deals.

July realty trading was OF to poor
start The first week Of the month Wit
messed the closing Of only 1o2 transac-
lions In which were involved 1bo parcels
Of real estate.
The Independence Day holiday not
only reduced the number of working
days to Ave. but by its position In the
week caused a number OF brokers and
investors to extend their holiday to in
clude not only Monday. but in some In
stances Wednesday as well. The time
In which to close sales was accordingly
much abbreviated.
Trading recovered somewhat on Thurs
day and made a creditable showing yes
terday. when thirty-two deals were ef-
footed. There were twenty-four sales
completed on Thursday. A tie score Ia
reported for the half-holiday of Satur-
day, and on Monday, when sixteen
made the poorest showing of the week,
with only fourteen sales. The office OF
the Recorder Of Deeds was closed Tues
day.
Suburbs in First Place.
As BELTS the season. first, place In the
weeks trading was secured by the out
lying suburbs. which were the scene Of
the transfer OF fifty-seven parcels. The
near-urban district. which led the pre-
vious week. was second, with thirty
nine lots conveyed. The northwest
ranked third. having twenty-eight lots
to its credit. There were fourteen lots
sold in the southeast, eleven In the
northeast. and one in the southwest.
The chief transaction OF the week
was the sale by auction of the Adams
building. at 1888 and 1885 F street north
west The property was sold by H..
Rozier Dulany, A. A. Hoehling, jr., and
William Hin. trustees, to the Caleb G.
Willard estate. The price paid was
But a few doors west of this purchase
another important deal of the week was
closed. Thomas II. Atkinson bought
from George b.. Stone the premises at 1871
r street northwest. The price indicated
by the revenue stamps was about $45. 900.
Mr.. Atkinson paid another 5000 to Ro-
berta X. 8. Wilmer for a small strip OF
land adjoining his purchase on the east.
Bladensburg Road Sale.
For price indicated at $4,000 the Uni
versity Land and Improvement Com
pany secured a tract of unimproved land
on Bladensburg road.
George c. Havenner sold the property
Which Is expected to be subdivided for
the market.
Mrs. Martina Carr has purchased an
apartment house from John L. Warren
for a price indicated at $4,000 The
building Is located on Irving street be-
tween Sixteenth and Seventeenth streets
northwest.
The Powhatan Hotel Corporation in
creased It's real estate holding this
week. It purchased premises 1857 Penn
syfvania avenue. northwest, which ad-
to4ns the hosiery on the east. The
price paid the owners represented by
William A SCHUYLER. was $12.250. It Is
expected the new purchase will be re-
modelled to conform with the architec-
ture OF the hotel
There was a decided slump in the
loan market in the opening days of
July from the record-breaking figures
Of the last week of June. The exact
figures in the loans of the past week
were $437. 1882. This sum was borrowed
on the security of 152 lots at an average
interest rate Of 81 per cent.
Straight Loans Lead.
Straight loans had the lions share
of the weeks business with an aggre-
gate Of $312. 3s1s4.
The building associations advanced to
members $70100.
The sum Of all the notes given for
deferred purchase money was SIS. SITS.
Country property continued In high
est favor as a basis for loan security
being pledged for a total of 500. 951.62
Land in the northwest was cucumber
ed to the extent of $lso5ss.
The record Of loans In the other city
sections was: northeast. $500: south
east. SO. $50: and southwest. $500.