The Washington times., 1911-10-28
New Theater Company Pur-
chases Site at Thirteenth
and F Streets.
BUILDING OF THE :"
HOME LIFE SOLD
Purchased by the Citizens Saving
Bank at Price Said to Be $780,
O00-Other Transactions.

The last six days saw the closing OF
The largest sale of 1911 and the fourth
week Of October will long be remem.
hered by the brokers as the quality
week" of the year. With the transfer
of the northeast corner of Thirteenth
and F streets to the Washington New
Fheater Company. a Delaware corpora
ton, at consideration of $450.000 was
contaminated. not only the highest
priced sale of the year, but one of the
largest transactions ever effected in the
business section of the city.
In addition to this sale, the week
witnessed the negotiations which will
end with the conveyance Of the Home
Life Building at Fifteenth and G
streets to the Citizens Savings Bank
at a price said to be $330,OOO. A deed
also was filed this week, by which
Bates Warren conveyed to William b.
in Columbia Road for 100000. Thus
nearly 100000 was involved in three
bales Of the week, besides which there
were closed several transactions rang
Hng In price from $4,000 to $1,000 each.
Purchases Fuller Mansion.
Among the residence sites sold this
week, was the Fuller mansion at
Eighteenth and F streets, purchased by
Alice Copley Thaw, former Countess
of Yarmouth, for $52,5OO Howard NJ.
Etchison purchased land on Rhode
Island avenue between Seventeenth and
OF $4,000. and Lucy N. Munford be-
street, northwest, s for $4,000.
From the viewpoint of the number of
maRss tRe of
month. although falling only Ave short
of the number Of sales made in the
first week Of october. The total number
during the last six days was 1853. a daily
average of twenty-six sales.
Involved in the weeks output of 1853
transactions were 2S6 lots and parcels OF
continued to lead the market. despite
the advance of the fall season. Ninety
six parcels were transferred in this sec
tion Of the District, while eighty-four
tion: Within the city proper. the Dorth-
west showed the greatest activity, fifty
one lots being conveyed there. The
southeast ranked next with a total of
east. with twenty-one transfers to its
credit. There were four lots conveyed
in the southwest.
The money market made a strong ef-
volved in the, large sales, and as a
anything attained in the loan business
this month. The total of loans this
week is 1888. 45l.O6, exceeding by more
than 5000 900 the business of the pre-
ceding week, and excelling by nearly
1915 900 the first week of October, which
had held the record for the month in
the matter of loans.
Near Million-D Dollar Mark.
This sum, close to the million ollar
mark, was borrowed in six days on
the security of 176 lots at an average
interest rate of Sc per cent.
The purchase money loan Of $35o, 900
on the site of the new theatrical project
at Thirteenth and F streets, brought
this class of loans to the lead in the
weeks market with a total of $57S,-
60S.0S. Straight loans reached an aggre-
gate of $239. 9S, while the total output
OF the. building associations was an
even $4,000.
The Thirteenth and F street trust
also caused the northwest to be in the
van Of the loan market, with $685., ,6Oi
secured on land in that section. On
county property was borrowed $3.50, ,833. .O6,
The record Of the other sections is:
Northeast, s36, 25: southeast, $2S, ,5S9;
southwest, $500.