The Washington times., 1912-06-15
Papers Recorded Yesterday
Total 146, Which Sets
the New Mark.
INCREASE IN LOANS
OVER LAST WEEK
Largest Sale Is In Petworth Where
Luther A. Swartzell Acquires
Twenv-six Lots.

The busiest June day in nine years
is the distinction attained yesterday
when the total recordation of papers
affecting real estate in the office of the
Recorder of Deeds reached 1i6. The
nearest approach to this figure was
last June, when 139 papers were re-
corded in one day.
This record for a days total of papers
filed has been exceeded but rarely In
the history of the office, and is only
twenty-three numbers below the
highest point ever reached in the office.
There were recorded 169 papers June
3d. 1898, the day before the Spanish
war tax on legal instruments became
operative.
The high marks in June, during the
past nine years are 1903, in 1904; 106. In
1906; 1O2, in 1906; 103, in 1907; l06, in 1905:
13i, In 1909; 122, in 1910; 139, in 1911, and
146, in 1872
While the record office activity was
noticeable yesterday. and the number
of transactions closed on Tuesday
crowded the years high figure. realty
sales for the second week in June did
not assume record breaking proportions.
The total number of sales this week
was 1853, a decline of eighteen from the
record for the first week of the month
a daily falling off of three sales.
Increase In Loans.
Although the number of sales declined,
there was a healthy increase noticeable
this week in the loan market, where
the figures advanced more than S150.0oO
over the total Of loans made in the first
week of June. One loan for 100000 was
made to Harry Wardman and John Fl.
Chaney in connection with their oper-
atoms along Sherman avenue. The loan
is secured on fifty lots which are being
improved.
While the past week witnessed two
sales m market il also saw low-water
mark reached for the year In a days
sale record. On one day this week there
were but nine sales closed, of which
four were In the suburban section, two
in the northwest, and one each in the
near-urban district and in the northeast
and southeast section.
Included in. the 1853 transactions con:
parcels of real estate. The suburban
section had a small lead of Ave sales
over the near-urban district. The former
in the latter eighty-nine lots changed
owners. In the northwest forty-five lots
were transferred while twenty-five lots
were sold in the southeast seventeen in
west.
Weeks Largest Sale.
The largest sale of the week was in
Petworth, where Luther A. Swartzell
acquired twenty-six lots for a total con-
sideration of $106O00. But three sales
were recorded this week in the business
section. Premises 1905 E street north
west was bought by Anton Zichtl from
Leopold Baumgarten for a consideration
not made public. Mr.. Zichtl recently
acquired property on Tenth street
around the corner from his latest pur-
chase. David NJ. Gatu bought house
Nesbit and others. The consideration
for this conveyance is also withheld.
William B. Lord bought out the half
interest in the northeast corner of Fifth
and G streets northwest, owned by
Thomas F. Herbert and others. This
the entire property.
The exact figures reached this week
in the money market was $793, ,99750. As
security for his amount 1872 lots were
pledged. The average interest rate rose
one point this week, showing Sc per
cent, while the recently prevailing rate
has been 5.5 per cent
Straight loans continued to lead the
market with a total of sass, ,117.37. The
sum Of all the notes given for deferred
purchase money was $251.1S0.13 The out
put of the building associations was
$s7, roo
County property was the most sough:
tai borrowed on land in this section
being s411,574lS. The northwest ranked
second. where the loans aggregated
S251 993.S7. The total of loans in the
other sections was: Northeast, $Sl. 745;
southeast. s4s.sS5, and southwest, a.7se.So.