The Washington times., 1913-06-28
REALTY RECORDS
SMASHED IN WEEK
Total of 1856 Transactions,
Which Include 326 Lots, Are
Closed by Capital Dealers.
BIGGEST LOAN is Se00,000
Sale of FaIkstone Most Impor-
tant in List Put Through.
Thursday Best Day.
BIGGEST LOAN is 100000

Inc last week OF June proved To De
not only the most successful of the
month, but established a new record
for activity in realty selling for 1918.
Four more sales were closed in the
past six days than in any other pr~v!-
ous week OF the year, the oroKers sue
ceedins in completing 1e5 transactions,
in which were involved 326 LIS ans PAR
GELS Of real estate.
Aonther new record mafs this week
waa In the total OF papers filed with
the Recorder Of Deeds Thursday. June
IS saw $50 papers offered for record.
This is the largest number ever filed
in the history of the Office. The record
up to this time had been IS7 papers re-
ceavsd June 30. 1895. the cay before the
revenue tax of the Spanish wAr became
operative. There was a large monetary
saving influencing the fastening OF
msny deals on that occasion. No such
incentive was present on Thursday, tie
brokers Just got real busy" with the
result that the record was smashed
and a new figure hung up that may
not be surpassed for SOME tirse. Inc ne
biggest record of recent years was los
papers fled February l, 1sJ3.
Thursday also came near equanhs
the years record for days t1tsl o.
transactions effected. There we're ticsed
5ffv.two sales. only five below the
years record, sent May y last
Close 7o3 Transactions.
Investments in the purchase OF ana
loans on real estate in June. 1913 (next
Mondays business being estimateo)'
aggregated ss.1oo.ooo. This amount ex-
ceeds by ss5O,0oo the total invested IN
June. 1912, and is 500. 900 In advance OF
the investments of Nay, lsis, and taxes
precedence in the vars business, Inc
brokers closed 7G transacuons ous l,.as
l.ls1 lots and parcels of real estate;
While THURSDAY was the banner day
of the week, activity was seneIar
throughout the other days Tuesuas
actions effected. Monday witnessed the
closing of thirty-one sales. wniie twen-
fy-seyen deals We're concluded on Wed
nesday. and twenty-four each on FIT
day and Saturday.
The zone of activity approached closer
to the old city limits this week. tne
rear-urban district being in the LEAD
of the market with 104 lots soia. me
outlying suburbs were in second piace,
eels Conveyed. The northwest ranked
fhiid with sixty-fve lots transferred.
There were thirty-four lots sold In the
southeast, twenty-four in the north
east, and seven In the southwest
Loan of 100000.
The principal financial transaction
Of the week was the loan OF ssoo'Ooo Sc
cured by Samuel W. Woodward on the
woodward building. at Fifteenth ana
II sire cts n, .kwcss rhe money Vas
advanced by the Metropolitan Life In
surauce Company Of New York, and Is
payable september /. 1918. with interest,"
at rer cent. Inc uaSt ID one VI .n
indiyidual holding Of real estate:
exceeds by $4,000 the first trust placed
on the southern building, opposite. ano
Is $4,000 below the encum orance on tne
Riggs building at fltteenth anu
The most important deal OF the week
Involved the FaIkstone apartments AT
Fourteenth and Fairmont streets.
sold by Harry Wardman to Aionso =. y.
100000. In part payment for the apart
ment Mr. wardman took title TO prem
ises 1913 Avenue of the Presidents. oc-
cupied by the Brazilian ambassador,
at a valuation Of 100000. he also Sc
cured from the trustees of the Bliss
properties houses and vacant lots 10.
Gated on the same avenue and numbered
100. Ina, LII, 1870. 1sf2 and 1SA Ths
balance of the purchase money was
p416 IN CaSn 10 MT. " "dfuihd-i-
Several business properties figured IN
the record of transfers this week Ross
]. woodward bought two properties on
18th street. No. 713 was purchased from
the National Savings and Trust Com
pany, and III from Robert Callahan,
ir. The prices paid are not made pub
ifc William @. Carter purchased from
j. Van Ness Philip the commission
houses at s26 Louisiana avenue north
west and s21 B street northwest. The
consideration was nominal.
Clarence r. Newman sold an interest
in premises SO and 93l z street north
west TO Alexander Mbncaster and the
title TO store 519 Eleventh street north
west WAS conveyed TO the Fourth Ma
tional Bank of Jacksonville. Fla
Money Market Prices Soar.
The woodward building loan sent
the figures In the money market this
week soaring to q total of 81, 5oi. So. .i5.
This sum-neariy twice the total of
the preceding week-was borrowed on
the security of 272 lots at an average |
interest rate of 5h per cent.
Straight loans had the call Of the
market, aggregating Sl,l62.S4; The
sum of all the notes given for deferred
purchase money was S257, ,9IS. 10. The |
out put of the building associations was
S., 90.
Land in the northwest continued in
highest favor, loans in this locality
totaling 81, ,lA, ,s45. County property was |
encumbered TO the extent of s303, 762. As |
The record Of loans In the other city |
sections was northeast, SCI 800; south |
east. $3o,5s5, and southwest, $500. |