The Washington times., 1913-04-05
Realty BUSINESS
< Brisk ALL WEEK
rotalof 180 Transactions Made,
48 Being Consummated in a
Single Day, April 3.
LOAN MARKET FALLS OFF
Total Of $561 ,551.43 Is Bor-
rowed on Security of 24l
I Lots at 5 1-2 Per Cent.
LOAN MARKET FALLS OFF

A new record for a days activity in
realty trading for 1913 was established
his week. On April 3, the brokers
succeeded in closing forty-eight trans
actions, exceeding the business Of Good
Friday by five deals. This number of
sales for a single day was excelled but
rarely in 1912.
Business was brisk throughout the
week, the brokers maintaining a daily
average of thirty trades. The total of
tso transactions is thirteen sales in
advance of the trading during the last
lays of March. and gives promise of
high figure being reached when the
months aggregate of sales is computed.
The records of the office of the Re-
>order of Deeds show that last Thurs
la 1872 papers We're filed. This number
marks the biggest days business in the
office in 1918 and exceeds any previous
record for an April day with the ex
eeption of one day in April, 1903. when
l41 papers were recorded.
A review of realty trading for the
corresponding period of 1912. discloses
hat the first week of April was, the
rolume of trading was about on a par
with the activity of the past week. but
IN the number of sales closed the last
six days shows an advance of seven
trades over the record of the first week
of April 1912.
IhurSday Banner Udy.
While Thursday with its forty-eight
sales was the banner day of the week,
Monday, Tuesday, and Wednesday also
showed activity. Thirty-one sales we're
concluded on Tuesday, thirty on Mon
lay, and twenty-eight on Wednesday.
There was a slight decline in the busi-
ness Of the last two DAYS, Friday asHs wlai snd
,wenty-sales being effected in the half
say of Saturday. -
The zone of greatest activity drew
nearer to the old city limits this week
when the near-urban district attained
hrst place for the week in the record
Of sales Out of the total of 253 lots
and parcels of real estate included in
The weeks business, ninefy-seven lots
we're sold in the near-urban district:
The outlying suburbs were in second
place having seyenty-two parcels con-
Keyed, The northwest was third haS-
ing forty-six lots. to its credit There
we're twenty lots sold in the, northeast
fifteen in the southeast, and three in
The southwest. aEs s-.2zs.,.
IncreaSed activity was noticed. this
week in the purchase of property with
h the business area four safes ~ tbe
downtown section and two In the newer
business portion of the city.
Lynch Buys Property.
John Lynch bought premises AZ Ninth
street northwest, almost opposite his
present business place. Mr.. Lynch paSd
s27.ooo for the property, and is expected
20 occupy the new purchase in the near
future. The building was owned by
simon Oppenheimer, and is rented to
wallpaper concern. f:-s
Premises SCI Seventh street northwest
Eas sold by Francis AZ Dorsey 10
Gertrude D. Staley. The consideration
= not stated. The Fries, Sharp & Beall
Hon1pany paid -SIs, 800 for the two prop
critics 734 and 7S6 Tenth street north
west. which was bought of James T.
Barbour. The fourth business sale IN
golyed 723 Eleventh street northwest,
81 which T Caspar Gilchrist is the new
,wner The price is not mentioned IN
The activity in the sales department
lid not extend to the loan market this
week. There was decided falling on
a the amount of money borrowed this
week from the total of loans in the last
week of March. During the last six
says loans aggregated 6.55l. 4S. This
srm was borrowed on the security of
n1 lots at an average rate of 81 per
cent. -..- -v-
Straight Loans Chiefly.
straight loans had the lions share Of
he business. with an aggregate of ssA,-
us.3a. The sum of all the notes given
gor deferred purchase money was slla.-
1eIl The output of the bulidlnS asso-
.iations was Sl11,4S.
County property led as loan security
his week. with a total OF slSo, ,IDS.43.
land in the northwest was encountered
q the extent of saSl, ,5S2. The record OF
cans i'm the other city sections was;
Southwest $4,000: northeast, s5',Soo afo
cog