The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1914-12-26
SHOPPING ECL|PSED
TRADING IN REALT
Few Sales Reported in Abbre.
waited Week lust Past.
Loan Market Was Fair.

Realty trading was almost entirely
Cclipsed by the Christmas shopping.
This distraction added TO the abbrevi-
sted week OF only three full days and
TWO half-holidays brought the fourth
week of December TO the bottom of the
ladder and marked its business as the
poorest in 1914
Practically all the business was
transacted during the first three days
Of the week. Christmas eve saw but
seven sales recorded and only nine
-radee were reported for todsy's half
holiday Monday was the butiest day
Of the week, having twenty-five sales
TO its credit. Tuesday and Wednesday
were close at hand with eighteen and
seventeen deals completed respectively.
During the week the brokers succeeded
IN closing seventy-three transactions in
which were involved 100 lots and par
cells Of real estate.
Suburbs Again Lead.
Despite the advent of winter the out
lying suburbs again led the market
this week with a total of thirty-nine
parcels conveyed The northwest sec
lion was in second place with twenty
four lots transferred. The near-urban
district ranked third with eighteen lots
changing owners There were seven
lots sold in the southeast and six
each in the northeast and southwest
The most valuable property figuring
IN the weeks transfers, was the former
home Of former Senator Don" Cam
eron, at 2 Jackson Place. adjacent
10 the Belasco Theater. The former
senator transferred tbs property with
his many millions Of dollars worth OF
realty. in several states, to trustees, TO
hold during the lifetime OF his present
living descendants, children. grand
children and great grandchildren.
Six vacant lots In Fernwood Heights,
valued at $1,000, were purchased this
week by John NJ Henderson from the
Nevlands Company. Mr.. Henderson
will expend about $4,000 additional in
improving his new purchase.
The Munsey Trust Company added 10
it's realty holdings this week by the
purchase of premises 40 Seventeenth
street northwest. The consideration
was about s2S.0oo. The property had be-
Ionged to the Bond Building Company.
The use to which the property is to be
placed has not been announced.
Clarence F. Nornent figured in the
weeks operations both as buyer and
seller. He acquired premises I765 Euclid
street northwest from HarTy @. Lay
sold 70 Elizabeth o. NJ Thomas Prem
ises 2n6 i street northwest for 500.
The prlce paid for his purchase is not
made public.
W. S. Hoge & Bro. spent SIS SO in the
acquisition Of a tract fronting over 800
#
street southwest, between Sixth and
Seventh streets. The land was owned
by the Philadelphia, Baltimore and
Washington Railway Company.
Security of las Lots.
Tho loan market did not suffer so dis
astruusly as did the sales department
during the short week. The exact fig-
ures- for the week in loans were 1885,
gl.2. This sum was borrowed on the
security of ls5 lots at an average inter-
est rate Of 81 per cent
Straight loans dominated the market
and az gregated s227. The building
associations advanced to members
So, 800 The sum of all the notes given
for deferred purchase money was
;Gn 2s226.
County property won highest favor as
basis for loan security, being pledged
for a total of Slss. s27.93. Land in the
northwest was encountered 10 the ex-
tent Of 81. 30. The record of loans III
the other city sections was: Northeast,
s29.500; southwest, $3.50. and south
east, 81, $50.