The Washington times., 1916-04-08
Years High Mark Nearly Sur
passed on Wednesday With
Thirty-nine Deals.
ACTIVITY IN THE OUTSKIRTS
Penn Gardens Transaction, In
voIving $500, 900, Is High
est of the Week.

Realty trading assumed large propor-
tions in the first week OF April During
the past six days the brokers closed Ill
transa actlons and recorded an advance
of nearly 40 per cent over the activity OF
the declining days of March.
The record for the initial week of the
new month ranks second for the year
1916 having been surpassed only by
the week ending March IS. when l76
sales were effected. Included In the
operations OF the past week were 2i9
lots and parcels OF real estate. In the
opening week OF April, 1915. only 1l5
deals were completed.
The years high mark for a days ac-
tivity was closely approached last We'd
nesday. when 80 deals were reported.
The record for days business In 1916
IL - sales. established March i6. The
trading of Tuesday was also of a high
order. totaling S6 sales. Thursday rank
ed third with 30 deals, followed closely
by Fridays showing of Is trades. There
were q sales made on Monday. and Is
on the half-holiday Of Saturday.
Seventy-three Lots Sold.
The near-urban district crowded. the
outlying suburbs from the lead of the
market by a small margin. total OF
73 lots changed owners I'm the former
section, while 20 parcels were conveyed
in the suburbs. The northwest was in
third place, with 5S lots transferred.
There were % lots sold in the northeast.
1S In the southeast. and 10 in the south
west.
The principal sale Of the week involved
the Penn Gardens at Twenty-first street
and Pennsylvania avenue northwest.
sold to J. Russell Barbee for a considera-
ton reported to be about 10000 Mr..
Barbee placed two trusts on the prop
erty one for 100000 and the other for
$4,000 and then transferred the property
to New York syndicate, which has
retained the name OF the Penn Gardens.
incorporated. ~ 4F
Two apartments changed owners at
prices indicated by the revenue stamps
at $4,000 each. The Rochester at l45S
by Karl K. Kramer from William Morse.
William j. Hart sold to Mr. Kramer one
OF the Wardman apartments on II street
northwest, between Fourtenth and FIJI
teenth streets. -
Buys Dwelling House.
Mrs. Emily X. Rafferty, invested S3t.O 400
In the purchase Of the property Of Ed
mund K. Fox in the 1900 block OF Twen-
ty-ninth street on Georgetown Heights.
Mrs Rafferty, will occupy the house as a
dwelling.
George II. Eustis and Eldridge f. Jor-
dan are the new owners OF the playhouse
at 1914 N street northwest. They spent
$4,000 in the purchase OF the property
from Aura ]. Middlekauff DIR. Henry II.
Hazen transferred promises, 1886 n street
northwest. to Emma l.. Hazen. The con
sideration is not stated.
Harry Wardman and Thomas y. Bones
acquired a frontage of about siNty-nve
feet on the southside OF NJ street north
west, between Fourteenth and Fifteenth
streets through shannon & Luchs. The
brokers bought from the individual own
ers the properties numbered 1924 to 1870
NJ street northwest, and then transfered
the entire holding to Messrs Wardman
and Bones for a price indicated by the
stamps at $4,000. II is expected a fine
apartment will be erected on the prop
erty.
Harry NJ. Crandall and Joseph T.. Nor
gan invested $4,000 in the purchase OF