The Washington times., 1913-04-26
APARTMENT SALE
/ MAKES NEW RECORD
Northwest Transaction Which
Involves 100000 Sets
Mark for This Year.
HALF MILLION, BOND ISSUE
Demand for Business Property
Continues Good. and Several
Sales Are Completed.
HALF MILLION, BOND ISSUE

The fourth week Of Aprsi eeslpSaSs SIS
predecessors OF 1stss and wrese 3 eew
high figure for single sssssr tsSssse-
tion, $4,000 in advance OF the Ee<seSat
Bank purchase Of last week. WAseA had
held the record for Tee seagS ree waeS
lisle apartments az FearteeasA ssTees
and Columbia rcsa fsesa Harry wsrs-
man to Frank Walter f0< Se@sea.
With the figures Ia sAe seas =aaS Ses
exceeding the N.esssse -sasS ard toe
number of sales scsesss sNeesssx -Ay
Is per cent the e2Sicess ef sAs resNiesss
six days, the past wreck has seen eae ~
notable activity in realty eessasseess
The demand for Gesnspwn ~ SsGSSS
property continued erz<k. azS several
tredes were ee2Sczaraste6 stthSa sass
area. *
Half Million Bond Issae.
The largest financial operation ef the
week was the bond issue fcr Sseeae re-
corded yesterday By the United States
Realty Company, which transferred
100000 square feet or ground zczoss
the Aracostia river TO the United states
Trust Company TO secure the payment
are payable in twenty years. and bear
interest at per cent. payable semi
annually.
Another bond issue authorized during
the week aggregated $9A.NQe. and COM
prised a series of first mortgage s's
totaling $l5e. 200. and q second mortgage
bond of 5000. Both are secured on
the extensive holdings OF the National
Clay Products Company, at Greenvaie,
a suburban tract in the northeastern
section of the District This issue is
underwritten by the Baltimore Trust
Company.
Friday Busiest Day.
The brokers succeeded during the last
week In closing 15s transactions. in
which were involved 255 lots and par
GELS OF real estate. Friday was the
busiest day of the week, having forty
trades 10 its credit Tuesday ranked
second, with thirty-three sales effected.
There were twenty-four deals closed on
"Wednesday. twenty-three on Thursday.
the half day OF Saturday.
The near-urban district continued to
lead the markets activity. having
eighty-two lots sold The northwest
was in second place. with seventy-one
sales to its credit The outlying
suburbs ranked third with forty-four
parcels conveying. There were twenty
lots transferred in the northeast, eleven
in the southeast and seven in the
southwest. ~
Apartment House Deal
In connection with the sale of the
Carlisle apartments Mr.. Wardman be-
came the owner of the property at the
northeast corner of Ninth and H
streets, valued at $1,000, which he later
sold to the heirs of George F. Hun.
He also took over the Lowell apart
ments at 1867 and 1863 Fourteenth street
he conveyed to Florence E. Whitford.
As the net result Of his sale of the
large apartment, he retains ownership
Of premises Sl6 and SIS Connecticut
avenue northwest. recently rempdeled
into business property. which formerly
belonged 10 Frank Walter, and prem
ises Sl3 and S15 Eleventh street north
west, which he acquired from the Huff
heirs =. ~
Other business property featured in
the weeks records Of transfers, were
Premises 1878 I street northwest. sold
by Henry p. Amos to Mary r. Clapp;
1925 and 1927 Fourteenth street,
bought bv Mr.. Amos by Jacob NJ.
Stein, and go Eighth street north
west transferred by William Hitz to
Moses Goldenberg.
Government Takes Title.
The United States of America, took
title yesterday to three parcels of
land near the United States Bureau
Of Standards. The new ACQUISITION is
at the corner of Pierce Mill road and
Idaho avenue. The price paid for the
property was s6s,024. of which S66.O0g
represented the value of the land
bought of the Chevy Chase Land
Company and s2.034 paid to the Rev.
J. Mcbride Sterrett for a small parcel
owned by Mrs. Sterrett.
The exact figures in the loan mar
ket this week were s1.095,397.45 This
sum was borrowed or the security OF
44o lots at an average interest rate
of Sc per cent
Straight loans constituted the bulk
of the business, having an aggregate
of 1886 722.13- The building associa-
tons advanced sS1.625 to members.
The sum of all the notes given for
deferred purchase money was s5s,-
o5o.32.
The two large bond issues secured
on county property placed that sec
ton in the lead with a total ;of
s915,SS9.5e. Land in the northwest
was encountered to the extent OF
s10S, ,3nI63. The record of loans in
the other city SECTIONS was northeast
s347S9: southeast, s25, $50. and south
west $10.267.32