The Washington times., 1917-01-20
HUGHES RESIDENCE
PURCHASE FEATURE
Sale of Candidates Home to
Senator Weeks interesting
Realty Transaction.

Tho sale of the former home of
date for President, was probably the
most interesting transaction of the
real estate operations of the third
week OF January. The property, To-
Gated at Sixteenth and V streets. and
known as POO Sixteenth street north
west, was acquired from former JUS
tlce Hughes by Senator John w.
Weeks, OF Massachusetts,. Justice
Hughes occupied the residence while
q member of the United States Su-
preme Court. but never returned to 1t
after tho election. The considera-
tion In the deed is nominal, but from
the assessment figures the property Is
supposed to be worth about $4,000.
The United States continued during
the week the acquisition of the prop
erty adjacent to the western boundary
OF the Navy Yard. 1t Is reported that
two or three squares may be acquired.
District Buys Garage Site.
The District OF Columbia has in
vested $19.S93 in the acquisition OF
a site for a garage to accommodate
all the automobiles owned by the
municipal government. The property
purchased contains 6,60O square feet
and is now occupied by premises 1910
to 1913 D street northwest The To-
cation Is close to the District build
ing.
Lee d. Latimer, ]. Eris Powell and
William II. West yesterday invested
more than 100000 in the purchase
of premises SIS and ST. Fifteenth
street northwest. The title to the
property was held by the National
Savings and Trust Company.
These were a few of the features
of the past weeks trading which
totaled 13S transactions involving 211
lots and parcels of real estate. An
increase of fourteen sales is shown
over the activity of the second week
OF the month and an advance OF
eighteen deals over the record for the
corresponding period of 1016.
Thursday Banner Day.
Thursday was the banner day of
the week, having thirty-six trades to
its credit. Monday and Friday were
tied for second place, each reporting
twenty-seven deals. There were TWEEN
ty-one sales recorded on Wednesday,
half-holiday of Saturday.
The outlying suburbs continued to
lead the market. A total of seventy
two parcels changed owners in this
section. The northwest was second
with forty-eight lots SOLD while the
near-urban district ranked third, with
thirty-two lots conveyed. The north
east and southeast sections were tied
with Twenty-Five lots each Seven
were sold in the southwest.
Christian Heurich sold to Lans-
burgh & Bro. the property at Is
Eighth street northwest, which Ad-
joins on the north the new building
recently erected by the dry goods
firm. The price is not made public.
Riggs Bank Buys Building.
Mrs. Henrietta NJ. Halliday has pu-
chased premises 1912 N street north
west, from Harry Wardman. The
building adjoins the Playhouse. Mrs.
Halliday has sold to Harry Ward
man and Thomas Bones the property
at 1929 X street northwest. The con-
sideratioRs are not announced.
The Riggs National Bank has taken
title to the adjoining building at 1905
Pennsylvania avenue northwest. The
property WIS puTCudScu lOi NAS Yam
some months ago from the Airing
ton Fire Insurance Company. The
value of the property is placed at
$125,21214.
The loan market displayed an ad-
vance of 40 per cent over the record
of loans for the preceding week. The
exact figures for the>last six days In
loans were SS71 ,65691. This sum
was borrowed on the security OF 1So
lots at an average interest rate OF
SIS per cent.
Straight Loans In Lead.
Straight loans had the lions share
of the weeks business, with an AZ
gregate of S694.O17.36. The sum of
all the notes given for deferred pur-
chase money was $101, 4s9.55. The
building associations. advanced 10
members $76,15O.
Northwest property was most
sought for loan security, being
pledged for a total OF $5T0,322. The
record of loans in the other city sec
tions was: Southeast, S50,55O; north
east, S6,117.3T, and southwest, 5000.