The Washington times., 1912-12-14
REALTY BROKERS
MAKE l28 DEALS
IN CLOSING WEEK
Thirteen Transactions CON-
pleted on Friday, the
Thirteenth"
THREE BUSINESS
PROPERTIES SOLD
Sharp Decline Is Reported in the
Money Market
Here.

Inc 0nauOw VI tuc uAuVANt h"NS"SS
Of Friday. the thirteenth" reSsed OH
the realty market this week. and when
the record showed that just thirteen
transa :tions we're completed on that
day the brokers abandoned oil hopO
q making any showing for the week.
An otherwise uneXp!1inable iull per.
vaded the market throughout the week.
The brokers were successful In closing
only 12S trades during the lust six
days.
The weeks total of sales marks the
lowest level reached since the full trad.
inE began. and was cxceede! even ny
the two weeks of November. wh.cn
had only five working DAYS eaSn. ..
messing the closing OF twenty-sevSn
transactions. There were twenty,six
sales each consummated on Tuesday
and THURSDAY; Monday ,nu had st,,s,,S, twenty,
naif.hoiiday saw fourteen transactions
Despite the dullness Of the market
two su!es in the business section were
siderstion OF approximately $1,000. The
old Frank X. Ward dairy building ~
g2l D strest northwest was purchased
by Hoover a.d i)cnhaE from Char.es
street northwest was sold by Miller
Brothers to Llcweliyn +. Davis.
Property Brings $4,000.
A THIRD sale ir he business area
involved premises $40 New York ave-
nue northwest. adelaide o. Talbot
paid s17.cO) for this property. which
had belonged to the swnrt estate.
Leo F. Harlow. receiver Of the Subur-
nan Homes Company. conveyed to OF
way Il. Zantxinger all interest OF the
.s,a ~ n q
Hillbrook MIR. Zantzlnger paid G,32j
20 the receiver and relinquished all
his claims against the company. the
conveyance includes not only the unsold
portions of the subdivision but the r!sht
to collect unpaid instalments on prop
poration In all subsisting contracts 70
The interest of former Senator WILL
lam a. CLARK, OF Butte. Mont; ;.,,,a N .
on the Bladensburg road IL set iorth ~
4 declaration of trust filed this week py
Henry II. Gilfry. who holds title to
sHndiv;s1 as hcds trI1,ee Tor r srna;or CLARK
and himself an tenants In common. Dut
that his interest Is subject to deduc-
ton Of sl6l.2sl.N In favor OF SENATOR
Clark. The sum mentioned is supposed
to represent advances made by senator
Clark In the development OF the prop
erty.
Hamond Makes Deal.
John Hays Hammond yesterday
l. transferred the property ut the soutn-
west corner OF Twenty-fourth and u
streets northwest on kalorama Heights
to the City Real Estate Company. a
New York Corporation. The considera-
ton IL not named In the transfer.
. Cardinal Gibbons purchased this week
from Harry A. Kite three lots on c
street southeast adjoining st. Cyprian'
Church at Thirneenth street. The car
dinul transferred to Mr.. Kite lot on
Thirteenth street southeast between L
and c streets.
Involved In the wceks trading We're
173 lots and parcels of real estate. The
outlying suburbs led the market with
forty.stx parcels conveyed The near
urban district won second place with a
scant margin OF one lot over the north
west Tho former had thirty-e!gh: lots
10 It's credit to thirty-seven for the lat
ter. The northeast shows TWENTY-FIVE
lots sold. the southeast twenty-three
and the southwest four.
A sharp decline Ia also noticeable N
the money market this week where the
figures dropped more than 500 00o from
the record Of the arst week sa OF d Deem. n
days were $o0S This sum was
borrowed on the security Of 168 lots a.
an average interes: rate of per cent
Straight Loans Mostly.
Straight loans constituted the bulk oi
tho business for the week, having ar
aggregate Of $l74.62SSo. The sum OF al
the notes given for deferred purchas'
money was $6O.5l5.S9. The output of tn
building associations was $4,000.
County property proved the mos
sought this week as security for loans
Land outside the city was encumberct
to the extent Of $l26.755.N. The north
west was close second. the total q,
loans reaching sll6,osS.72. The record o.
southeast. S2+.550: northeast. S2O.95O. ant