The Washington times., 1916-07-29
Brokers Sustain Working Day
Average Of 20 Sales, With
Total of SAT.
1885 PARCELS INVOLVED
Years Record for Weeks ActIv.
ity EquaIed During Month
With 176 Trades.

Ahe total real estate business curing
July Mondays business being esti-
mated) amounted to N.7bo.ooo in both
loans and sales. The brokers sustained
a working-day average Of twenty-three
sales. reporting a total Of 547. Involved
In the trading were 1885 parcels of real
estate.
The years record for a weeks ac-
tivity was eQualed during the second
week Of the month, when 17s trades
were effected. There were 102 deals
completed in the opening week Of July.
and l2s in the third week. The business
Of the last six days made the second
best showing for the month. There
were Ih deals. involving "a lots.
In volume Of trading July excelled
the corresponding month Of last year
by ffty-eight lots. although the total
investment was $4,000 less. The dealers
failed to complete as many transactions
az in July. 1915. The transfers OF July
last year were 5s1. as compared with
647 deals.
Monday Busiest Day.
Monday was the busiest day OF the
week. having thirty-three sales to its
credit. Wednesday ranked second with
twenty-eight deals. followed closely by
Tuesdays record OF twenty-five trades.
There were twenty sales recorded on
Friday. and eighteen on the half-holiday
Of Saturday. Thursday made the poor
est showing of the week with seven
teen sales.
The outlying suburbs were again In
the van Of the weeks trading. but did
not dominate the market SO conspicu-
ously as in the preceding six days. A
total OF seventy-fve parcels changed
owners in this section during the last
week. The near-urban district was ir
second place with ffty-three lots con.
veyed. Third place was held by the
northwest section with forty-six lots
There were thirty-six lots sold in the
southeast, thirteen in the northeast
and ten In the southwest.
The largest deal Of the closing days
OF July was the tranfer Of three parcels
Of land In the subdivisions known al
Chillum Castle Manor and Turner's I'm.
provement. For a consideration indi
Gated BY the stamps ut $4,000. tho
parceis 12l over I. In over II. and ~
over l3 Tho seller was the Toronto
placed a trust Of 10000 on the property
conveying the title to Charles F. Csrus
and Arthur G. Bishop as trustees.
The six three-story apartments at ~
to 2il East Capitol street. forming q
part Of what Is known a. Grant row
were bought this week by Henry II
Weaver. The properties are valued q,
about $4,000. and were acquired les
September by George 8. Zilcr. WHIT
transferred them to Mr.. Weaver OF
Wednesday. The buildings are directl,
east Of the Library Of Congress, nnt
tolonged formerly to the Phoenix Mu
tSal Life Insurance Company.
Buys in Sixteenth Street.
Harry N. CrandaH invested abou
S1Aooo In SsN Sixteenth street. TIT
property was acquired from Charles w
King. jr.
Harry c. and May H. LAnson bouRh
the premises 1&l, has and 1l%S Tontl
street At q trustees sale. The pric
was III 300.
There was Q shArp decline In tn
money market during the closing day
Of July. the loans totalinK less thai
half the record OF the preceding week
Tho exact figures In the loans OF tn
last six days were $4oe. .s2o.72. This sun
was borrowed on the security Of 2s2 lot
at an average interest rate OF 81 pc
cent
STRAIGHT loans dominated the marke
with an aggregate Of S29l. 600 Tho sur
Of AN the notes given for deferred puI
chaso money was S118. 229.72. The build
ing associations advanced to member
County property remained in favor a
. basis for loan security with tote
was encountered to the extent Of Sl7S. &C
Tho record of loans in the other cit
sections was southeast, Ss3. .S23; south
west. 1900. and northeast. $6.S50.