The Washington times., 1913-09-20
DEALS IN REALTY
SHOW IMPROVEMENT
Third Week of September Best
Brokers Have Had Since
July.

Decided improvement both in the
number of transactions effected and IN
the volume of trading is shown in a re-
view of realty operations during the
third week CT September. Last Wednes-
day the brokers completed thirty-two
sales, and established a new high mark
for a days activity during the month
The business of the past week is the
best the brokers have experienced since
July.
The outlook for a return of heavy
trading, which prevailed last fall, is
considered promising by the brokers.
Inquiries. are numerous, and every eff
fort is being made TO turn the inquirer
into satisfied investor or home-owner.
Ninety more lots We're sold during
the past week than in the preceding six
days, and sixty-two more than in the
initial week of September. In the num-
Der of transactions the past week dis
plays an increase of fifteen sales over
the record for the previous six days.
AS compared to the first week of the
month, the number of sales this week
is thirty-four in advance.
Wednesday the Banner Day.
While Wednesday was the banner
day of the week and month. the bro
kers were nearly as busy on two other
days. Thursday witnessed the closing
of twenty-seven trades, while twenty
six deals were consummated on Mon
day Both on Tuesday and Friday
poll of the days activity showed twen-
ty-one sales effected. There We're twelve
sales made on Saturdays half-hollday.
Frh A.1 l<e- in
which were 2s2 lots and parcels of real
estate.
The outlying suburbs continued to
have the call of the market. far out
stripping the other sections in the vol
ume of the weeks trading. Within this
area Us parcels changed owners in the
past six days. The near-urban district
was in second place. having ffty-two
lots to its credit. The northwest ranked
third, with forty-eight lots conveyed.
There were sixteen lots transferred IN
the northeast, and nine each IN the
southeast and southwest.
Property in the northwest recovered
from the slump, which IL experienced
last week. During the past six days
twice as many lots were sold IN TINS
locality as in the previous week.
Sale of Church.
The most interesting SAFE of the week
involved the transfer of the church
property at Third and / streets north
west from the trustees of Central Pres
byterian Church to Mt Carmel Baptist
Church for s2o, 900. The church has been
the worshiping place of President Will
son. and will now become the property
of q negro congregation The former
owners will improve property owned oy
them at Fifteenth and Irving streets
northwest, and the President may con-
tinue his affiliation with the congrega-
ton there.
The District of Columbia spent $780,
l12.s0 during the week in the acquisition
Of about fifty-eight acres adjoining the
National Training School for BOYS.
The tract which belonged to Arthur g.
Bishop, adjoins the land of the school
on the north. The newly acquired tract
extends almost to the northern bound
afy Of the District of Columbia, and
with its purchase only two small par
cells of land remain to be procured to
extend the school lands on the north
side to the District Ine.
The newly ACQUIRED tract includes most
Of the site of Fort Lincoln, one of the
wartime defenses Of Washington, and IT
10 said that the old earthworks remain
IN practically the same condition, except
for the effects of weather, in which
they were left at the close of the war.
Uncle Sam Takes Title.
The United States took title yesterday,
to three parcels of land along the east
ern bank of the -Anacostia river. john
A. Garden sold three portions of the
subdivision known as Chichester to the
Government for $500 The acquisition
is in connection with the Improvements
along the banks of the river now being
made.
A sale directly opposite the new city
postoffice and near the Union Station
plaza was effected this week The
Coco-Cola Company, which owns the
corner of Massachusetts, avenue and
North Capitol street, added to its hold
ings by the purchase of premises 62i
North Capitol street. Mary E. Harlow
owned the property. The consideration
is not stated.
The loan market did not share in the
weeks improved business. In fact, there
was sharp decline in the amount in
volved in the weeks loans from the
very good business of the previous six
days. The exact figures for the week
were s3f7, ,712 3s. This sum was borrowed
on the security of $50 lots, at an average
interest rate of Sc per cent.
Straight loans continued in the lead of
the market. having an aggregate of
SIS.74n25. The sum of all the notes
given for deferred purchase money was
s9i.612.l3. The building associations ad-
vanced to members $4,000.
County property was most favored
this week as a basis for loans, having
been pledged for an aggregate of S23,-
crmbered 20 the extent of S76424. The
record OF loans IN the other city sections
was: Northeast. s27925; southeast, ST.
60 and southwest 81 n25