The Washington times., 1913-10-04
REALTY FIGURES FOR
MONTH S4,lOO,OOO
investments and Loans During
September Exceed Totals
for Same Month in 1912.

Investments in the purchase of and
loans on local real estate during Sep
tember aggregated s41oO, 600. This total
exceeds the investments of September,
1917, by 500, 1000, and is $500. 900 in advance
of the money expended in realty tran
sactions during September. 1911. In 1910
the investments for September reached
a total of s4.5oo,0o0.
While the money invested in property
last month is only slightly In advance
Of the corresponding period of last year
both in the number of realty transac-
tions and in the volume of trading, the
past month far surpasses the record for
September during the previous three
years. In. September, 1s13 the brokers
closed 667 sales, in which were involved
1850 lots and parcels of real estate.
The sales in September, 1912. reached
total of 556. and comprised 722 parcels Of
realty. A total of 572 deals were effect
which included ], 400 lots. There We're
1,237 lots sold during September, 1910.
As predicted in this column last Satur-
day, the realty business took giant
strides in the last week. as compared
with the earlier weeks of fall trading.
During the week the brokers closed 154
sales
A new days record for activity this
fail was hung up last Tuesday. when
the brokers succeeded in effecting thirty
six sales. Thursday was the next best
day Of the week, when twenty-eight
trades were completed. On Monday and
Friday twenty-four sales each were
contaminated and twenty-three on Satur
day Thursday proved the dullest day
OF the week, having only nineteen sales
to its credit.
Outlying Suburbs Lead.
The lions share of the weeks trading
was In the outlying suburbs, where 907
parcels changed owners. The northwest
was in second place, with seventy-two
lots conveyed. Next came the near
urban district, with total of sixty-one
lotA There were twenty-four lots
trangferred in the southeast. ten in the
northeast and seven in the southwest.
The government of the Argentine Re
public yesterday closed the deal
for the purchase of the home of
New Hampshire avenue northwest The
consideration for the new home of the
legation II 500, 600 This Is the second
largest sale Of residence property ever
recorded n the District. The highest
priced home was that purchased last
June by Mrs John Hays Hammond
from Mre George NJ Pullman, on the
Avenue OF the Presidents. Mrs. Ham,
mond paid $250,000
The deed conveying the HUFF property
to the Argentine Republic recites that
ten payments are to be. made. A cash
payment Of $50. 900. and an annual pay
nent Of a like sum during nine years
is provided.
Cornelius Ford. of Hoboken, N. J.,
the new Public Printer, has purchased
a home on Lincoln Park. Mr.. Ford
took title during the week to premises
1110 East Capitol street, which fronts
on the north side of the reservation.
The price is said to be about sS.ooo.
m1riesi dinicaffies with his vile. Ethel
W 1Anston, yesterday. conveyed to her
their home at a Bryant street north
west The contents Of the home are
included in the transfer to the wife.
Two Issues of Bonds.
The Washington American League
Baseball Club has arranged a new loan
on the property at Florida avenue park.
including the newly purchased land
added to rightf1eld and the new exit
The corporation during the week con-
veyed the property to George w. White
and Cuno II. Rudolph to secure an is
sue OF bonds aggregating $780, 900 The
bonds are payable October ], 1888, and
bear interest at the rate of per ceu.
win issue bonds to the extent of 500 05a
TO secure them the company trans
ferred all its property this week TO
the United States Trust Company.
These bonds have ten years to run and
Will bear interest at per cent.
The two bond issues aided materially
in swelling the figures for the loan
market to S5lG. 80. This sum was
borrowed on the security Of l57 lots at
The average interest rate of Sc per
cent
Straight loans are in the van of the
market, showing an aggregate of $685.
r16N The sum of all the notes given
FOR deferred purchase money was
Gf,3s6.ga The output Of the building
associations was S5i, ,45
County property proved most de-
.irable for loan security, with a total Of
sys6 3SoG Land in the northwest was
encumbered TO the extent of Sl53.%10
The record of loans in the other city
sections was: northeast s41, 300: south
east, $2l, l,2f2.T5, ard southwest, $500.