The Washington times., 1913-07-05
l5,345 LOTS SOLD
INLAST FISCAL YEAR
Brokers Keep Up Average Of
twenty-five Deals a Day
for Twelve Months.
JULY GETS VERY POOR START
Total of 134 Transactions Are
Put Through, However, De-
spite Holidays.
JULY GETS VERY POOR START

During the fiscal year 1918, total of
1855 lots and parcels of real estate
changed owners in the District In the
twelvemonth ending July /. 1918, local
realty brokers effected 1890 transac-
tions, sustaining an average Of twenty
FIVE sales every working day OF the
year.
In connection with this volume OF
trading there were filed with the
Recorder of Deeds during the last fiscal
year 2s.432 papers, including deeds.
trusts and releases of former encumb-
RANGES on real estate. The total re-
ceipts of the recorders office for the
year ending July i, was 45.sss.5o. an in
crease of 80 over the receipts for the
fiscal year 1912. From the receipts of
the last twelvemonth the expenses OF
the office were paid and \ surplus OF
slaooo covered into the United states
Treasury to the credit of the Dlstrlct.
This surplus is said to be the larses'
ever turned over to the Treasury.
The total of recordation by mon.ns
for the fiscal wear shows July, 2.2is;
August, 2,0e4; September. l,si4 octopeo. oea.
o7Is. November, 40; December: i,'S''
January, i.SSS; February, Lug; Marcn'
i.@7: April, 2,170; May, 2S7s, and june
2,24s
Trading for July.
Realty trading for July reeeeu
moor start, owing to the double hoiioa''
which materially abbreviated the uhe
devoted to the closing OF sales now
.,.- the brokers succeeded in enecping
IA transactions, in which were inVoiNeo
pa lots and parcels Of real estate.
"wednesday was the best day OF the
ueek having thirty-nine sales 10 i's
credit. Thursday witnessed the CLOSING
-, th,rty.three trades. and there were
,h,r4v-one deals effected on Monoay-
T,asdav saw twenty-three sales mace,
and there were eight TRANSACTIONS on
saturdays half holiday: Inc iatG 60
the low record even ior no
business in 1913. ,;,v
The excessive heat of the openins
davs of July caused a boom IN SUBURBAN
realty selling and in consequence neo
lr half the trading OF the week vas ia IA
Thar locality. A total of los parcels IN
the outIying suburbs changed owners.
The northwest ranked second, with SIX
~ lots sold. The near-urban district
was in third place. having Iorty.
lots to its credit There were elshees
The northeast Not single lot was
norfed from the southwest section In
the weeks record OF sales.
Most Important Sale. |
Tn. most important sale of the week
80. the purchase by Capt Paul s. |
psa,sar from Senator William Alden
smith of the property on the Avenue
~ the Presidents adjoining the Sena- |
,o,,s home. on the corner of L street I
The consideration was In the neighbor-
hood Of $4,000.
Another purchase of residential prop
ertv featured in the weeks transactions
Involved premises 1014 and 1O6 Vermont
avenue northwest, just north OF the
Department of Justice. George Parmly
Day, of New Haven, Conn, oough1 tne
property from the Union Trust Com
many, which held il for an estate The
price paid was S55,Oo
Downtown business property did not
figure in the weeks record of sale
There was no transfer OF land IN tnls
section, but upper Seventh street had
one sale of store property. Premises
1913 Seventh street northwest was
bought by Helena Pullman from E.
Baker Evans. The consideration Is not
made public.
the same degree of inactivity as marked
the sales department Loans made dur
ing the abbreviated week reached IN
aggregate of s516. 46o.79. This sum was
borrowed on the security of l5 lots
and parcels of real estate at an average
interest rate of Sc per cent
Straight Loans Heaviest.
Straight loans had the lions share OF
the business of the week, .totaling 1884,
5s6 The sum Of all the notes given for
purchase money was ss3.47479.
The building associations advanced to
s5S, 100.
The northwest section was most fav-
ored as a basis for security, land in
this section being offered as security for
loans aggregating sS16.O00. County prop
erty was encumbered to the extent of
s167. 79. The record Of loans In the
other city sections was: Northeast. 49,
$50; southeast, sl2,3S7. and southwest,
q, ,0oo