The Washington times., 1913-01-18
SALES OF REALTY
NOT So LARGE AS
DUR|NGLAST WEEK
Show 10 Per Cent Increase
Over Corresponding Period
of Last Year, However.
TOTAL OF 1874 SHARES
RECORDED COMPLETED
Some Good Business Properties
IncIuded-Loan Market Falls
off About $500, 900.

AiIuOuSH chO"hk
from the activity prevailing through
out the first week of January. the re-
suit of the efforts of the brokers dur
ing the past six days displays an in
crease of 10 per cent over the record
OF the corresponding period of 1872
This advance over last years business
at this season extends not only to the
number of sales effected, but alo to the
volume of trading.
A total of 1a4 sales were completed
during the past week, in which were
involved 2sS lots and parcels of real
estate. Trading for the week reached
its highest mark Monday, when thirty
three sales were contaminated. Tues
day showed sharp decline. having
only nineteen transactions to its credit.
The business of the next two days
showed but little Improvement. We'd
nesday witnessed the closing of twenty
trades, and Thursday saw twenty-five
sales effected. Business picked up
somewhat yesterday. and the record
discloses twenty-eight sales made. Sat
urday's half-holiday brought only twelve
sales to the record stage.
While the volume of trading in the
outlying suburbs did not come near
retained the lead of the market during
the past six days. There were conveyed
eighty-four parcels of realty in the
outlying suburbs. and fifty-two lots
changed owners in the near-urban dis
trict. The northwest was in second
place In the weeks business, sixty
lots being transferred there. The north
east and southeast ran a close race
Tor the fourth position, the latter win
ming by one lot. In the southeast twen-
northeast twenty. One lot was con-
yeyed In the southwest
Business Sales Recorded.
The feature of the weeks business
was the sale of premises 1872 to 14lS /
street northwest at a price approx
mating 10000. The Potomac Electric
Power Company transferred this prop
erty to Joseph B. Bowling. who exc
cuted deferred purchase money trust
for 1880
Two other sales In the business sec
ton were recorded this week. Premises
sl4 Twelfth street northwest was sold
by Frances c. Darrell to John E VIII
he, and the United States Trust Com
TO the Bond Building Company. The
consideration is not made public In
either case
Three apartment houses In widely
separated sections OF the city changed
owners this week Richard A. Ford
a
northwest. from the American Security
ana Trust Company, trustee, for S39, 000
The Nebraska, on Randolph place, near
North Capitol street. was conveyed by
Stella ". Kefauver to W. W. and H. w.
Smith for a nominal consideration.
Clifford A. Kettler transferred the Nor
wood. at 1343 East Capitol street, to
Milton A. Kettler. The consideration
was not named in the deed
Castor P. Philip. former local club
~ hi Ii
Herman II. Philip, his interest in valu-
able realty holdings which they owned
IN common. The property transferred
included the business block at S25 B
street northwest and the entire frontage
on Thirty-fourth street northwest be-
tween r and streets.
Falling OF In Loans.
Mrs. Olga Roosevelt Bayne yesterday
purchased from Samuel Maddox, trus-
tee, the property at lIE Connecticut
avenue northwest. The price paid is not
stated In the deed
A falling of of nearly $4,000 is noted
this week in the laon market, as COM
siI DAYS This decline is e sHe Iiy nos
ticeable In the straight loans. where
alone the decrease is more than $4,000
Purchase money trusst forged to teh
front Of the weeks business and dis
pi&ce0 inc btrdltnI iOduss WHICH nave
been leading the market for sew
eral weeks. Loans of this character
reached nearly the same figure as last
week.
The exact figures in the loan market
this week were 1894, 1s2S5. This sum was
borrowed on the security of rs lots at
an average interest rate of 81 per cent.
The sum of all notes given for deferred
purchase money was SIS, $3.50. Straight
loans totaled 1854, I29.l6 while the out
put of the building association was
County property was most favored as
q basis for security this week. Loans
on property there aggregated 1854. $500.
Land in the northwest was pledged for
sl52, E0.25. The record of loans in the
other city sections was: northeast,
so, rs; southeast, sl0,60o; and southwest,