The Washington times., 1916-08-19
Third Weeks Activity EollpssA
First Two and An Prevlou4
Sales for Similar Period 4
TRANSACTIONS NEAR cIIN
Saturdays HaH.Holiday Made:
Best Showing Of Any DslRi
During Last Six. 4,

A new record for August realty txN1s
ing was established in the third wssk -
the month. The brokers not only ~
covered from the slump Of the precsdinG
week but made more sales than in the
initial week Of the month. The record
o. the past six days was not exceeded
In August 1915. 30 the last weeks 40
tivity registers q high figure for mid
summer selling In the past two years.
During the past six days the brokers
closed 136 transactions In which were
involved 219 lots and parcels Of realty.
An increase Of twenty deals Is shown
over the business Of the previous week
and the volume Of trading 10 sixteen
lots in advance of the selling Of the pre-
ceding six days. Compared to the cor
responding week Of 1915. the present
week makes a better showing.
The zone of activity was drawn nearer
the old city limits this week and the
near-urban district took the lead OF tne
market with seventy-eight lots solo:
The outlying suburbs were In second
place with fifty-one parcels conveyed.
The northeast ranked third. having
forty-two lots to its credit. The nortn-
west dropped to fourth place with thtry-
eight lots transferred. There were nve
lots each sold in the southeast ana IN
the southwest.
Saturday Busy Day.
Saturdays haif-holiday made tns
best showing of the week In the numper
| of sales, there being thirty-two re-
| ported. Wednesday was In second place
| with twenty-five trades. followed oy
Tuesday's record of twenty-one deals.
Monday and Friday were tied Win
| twenty sales each and eighteen usoss
The largest financial transacuon OF
the week was the issuance OF bonds ae.
gresating ~. 900 by the Missionaries 3f
| the Divine Love Of Jesus. the process
Of novitiate for the education Of
soehf for Ike % %priesthood. The congregation
was incorporated here last April oy
auired a tract of ground In Central
avenue northeast, between Seventh ana
EIGHTH streets, Just east OF the properly
Of St. Vincent's Orphan Asylum. Tne
tinentai Trust Company. which will hold
the property as trustee until the ma
turity OF the bonds on August ! vi;
| The bonds are nrst mortgage ana
One Of the largest sales Of the week
involved the property at nA California
street Miss Kate NJ. Estey purchased
the land as a site for the Potomac
ferred @ the title to Joseph .: sullivan
and Joseph A. Carey TO hoio unoss .
| specified trust.
Acquires Fifty Lots.
A tract Of about fifty lots was ac-
auired yesterday by Henry L. Breun-
| niger from George Field. on Georsia
avenue. between Newton and Princeton
streets. The stamps indicate q pur-
chase price of $4,000. Mr.. Breuninger
sold to Flora Field house near the
corner Of Fourteenth and Hamilton
streets. in Argyle Park. for price
said to be $4,000. John L; warren
SQUARE lie on the south side Of + street.
between Seventeenth and Eighteenth
| streets northwest. to Emma o. Clark.
The revenue stamps and encumbrances
Fourteenth street northwest, were sold
TO Howard Ullrich by Louis p. oatd
Another of the Grant row houses On
East Capitol street changed owner:
jr.. bought house 2l3 from Alfred
Higbie. The price was about 81. 700. It
is said. Mr.. Farmer transferred to
Alfred and Katharine Higbie the prop
erty at 5ol ,n, B 81 street esS northeast. The
The loan market did not share the
selling activity Of the week and even
showed slight deciine from the rec
ord Of the previous six days The total
of loans for the third week of August
was 1878. .962.s6. This sum was borrowed
on the security of 2l3 lots at an average
interest rate of 6.S per cent.
Straight loans had only a slight lead
of the market exhibiting a total OF
$lsl. .996.94 The sum of all the notes
given for deferred purchase money wa
$l24,265.92 Building associations ad-
vanced to members S73.700
| COlinfv nrnnarfv continued In faVnY
as basis for loan security with an az
gregate Of 2S7.937s Sc. Land In the north
west was encountered to the extent OF
$50, 700. The record Of loans In the Other
city sections was northeast, Nl. 100,
southwest, SIS, 700 and southeast. S6,58.