The Washington times., 1912-01-20
REALTY ACTIVITY
INDICATED IN THE
SALES THIS WEEK
Review of the Efforts of
Brokers in Last
Six Days.
HALL OF ANCIENTS
HAS CHANGED HANDS
80
American Institute For Architects
Purchases Two Lots In Eight
he eenth Street.

indications Of increased activity in
real estate are noticeable in the review
of the efforts Of the brokers for fhe
third week Of January. While the
record Of closed sales for the last six
weeks shows an advance of only three
transactions over the number closed
I'm the previous week, the fact that one
OF these sales was for sl64,OOO, gives
proof that things are Cooking up"' in
realty circles. Another evidence of
activity was the closing of negotiati tons
afor the purchase of premises 1919 and
l3H street northwest, for $375, Co., on
which is to be built large office
building for use of the Interstate
Commerce Commission.
~ A total Of 123 transactions were con-
cluded In the last six days. In these
were 2l0 lots and parcels of real estate.
The near-urban district took the lead in
uhe number Of lots conveyed with an
aggregate Of 70. The outlying suburban
sections ranked second, with a total of
!! " parcels changing owners. In the
northwest 35 lots were sold. % in the
northeast. Is in the southeast and z
In the southwest.
- Two Days Record.
OA o"iS tWo udyS OI tno week WAS
the average of 20 sales excelled. The
largest business Of the week was on
Tuesday. when 81 sales were made.
Thursday was the next busiest day of
the week. when 2S transactions were
! closed. Fourteen sales, the lowest of
tthe week. was reached on Monday and
Saturday.
The Hall of the Ancients sale was
vVrnQ ~ I'm,
the record stage. While the Baltimore,
:, washington and Annapolis Railway
/; Company Is rumored to be the new
purchaser. the company's name does
not appear In the Deeds The property
was transferred Thursday from stone
q Fairfax and Wardman to Flora e,
Stewart.
The American Institute of Architects.
Eighteenth street and New York ave-
nue.; yesterday purchased the two ad-
joining lots on Eighteenth street. The
Price paid was $a.750 for one lot. and
" A marked decrease is shown in the
money market over the figures for the
snrst TWO weeks OF 1872 The total loans
Tor the six days was ssss, ,ss7.7s borrowed
interest rate Of 5.6 per cent.
Issue of Bonds.
In addition to these figures there was
recorded deed of trust to secure an
issue Of bonds aggregating S22.5Oo. The
Baltimore and Washington white Cross
MIX Company conveyed all its prop
erty. including its wagons. horses, and
store fixtures at various places in the
city. to Charles Bendheim and Albert
3. Galley, to secure the payment of
the bonds. The securities in denom-
nations of 800 are payable January
10. 1917, and bear per cent interest.
They are first lien on the company's
holdings ~ .
The bulk Of loans this week were OF
already holding title to the property
pledged. The total Of straight loans
was $256,64.26. The sum Of all the
notes given for deferred purchase
= money was so, 1880. The output of
the building associations was $53,OOO
The largest amount borrowed was
on the security of property in the
northwest, where the total reached
.-s176.6 .66S. .66. Owners of county property
demanded of the market $l39. OSLO The
total loans in the northeast was $50, 2iO,
while S., no was borrowed in the south
east, and 81, 700 in the southwest.