The Washington times., 1914-03-14
TWO REALTY MARKS
MADE DURING WEEK
New Total for Days Activity
and Record for Week on
Year Is Shown.

Two new high marks for realty oper-
atoms in 1914 were made during the
second week of March. new figure
for a days activity was established. and
the weeks total of transactions exceed
ed anything heretofore shown this year.
In completing forty-eight sales last
Tuesday, the brokers not only did
record breaking business for 1914, but
made a showing for days activity that
was rarely eXcelled during the preceding
year. In the past six days the brokers
concludes 14s sales, an increase OF three
sales a day over the really excellent
business of the initial week of March.
The first fortnight of spring realty
trading has been more than sattsfac-
tory. Four important sales were closed
The Arlington Hotel property at $s4l, 900
was the largest sale nab, Henry ,Es S. Rich: Rich
apartment. and Richard G. Park, of
Philadelphia, purcha sed the Glover
building, at 1919 F street northwest.
Both these sales were close TO the
$500 900 mark.
Fourth Big Sale.
The fourth big sale was closed Tues
day, when Eugene Carusi, trustee,
conveyed premises 1ll3 F street north
west, to Conrad Becker. for 100000.
The property fronts about twenty-three
feet and has a depth of about 100 feet
1t Is improved by substantial three
story business building, occupied by
Nine. Rose, the milliner, and by Buck.
the photographer. 1t was a part of
the estate of Laurence 7. Clark.
While Tuesdays business was 4 rec
ord-breaker, with its total of forty eight
sales. the brokers were busy Wednesday
in closing thirty-fcur transactions.
There !Th were twenty sales completed ed
Monday and fifteen Saturday.
Included in the weeks total of las
transactions were o4l lots and parcels
OF real estate. The outlying suburbs
led the market with eighty-two par
GELS conveyed. The near-urhan district
was i'll second place. with siXty-siX
lots transferred. There were forty-one
lots sold in the northwest. twenty-six
in the northeast and sixteen in the
place, having reported only ten lots
sold.
Gets 7o7 G Street.
During the week the United States
Trust Company took title to premises
7G7 G street northwest, which il acquired
from the Bond Building Company. The
property adjoins the banking building
recently acquired by the Security Saw
fngs and Commercial Ranl. from the
Nunsey Trust Company. The consid-
Grafton is not given.
Another important business sale OF
the week involved premises 1886
Pennsylvania avenue northwest. ad-
joining the Gibson printing establish
ment. Henry W. Sohon. trustee, sold
the property to Elias 1Ieidenheimer,
who has occupied it for many years.
Che price was $4,000.
Among the other residence prop
critics figuring in the weeks trans-
fCrs was house 1880 Massachusetts
avenue northwest, acquired by George
4. Provost: 1923 s street northwest
bought b. Henry Evans: 1851 street
northwest. sold to Charles A. and
chusetts avenue northwest. bought
by James Fl. Gore from Mrs. Eliza c.
Hutchinson and Mrs. Linda H Webb
Loan Market Behind.
The loan market this week did not
Keep pace with the activity in trad
ing. The total Of loans for the sec
ond week of March was s4"9,2e5.49
This sum was borrowed on the secur-
ity of 200 lots at an average interest
rate of sc per cent.
Straight loans constituted the bulk
Of the weeks business. showing IN
of all the notes given for deferred
purchase money was $Ss.S22.93. The
building associations advanced to
ne m bers s66, leo.
Northwest property was most faN-
ored as loan security. A total Of
s2S7.s95.!3 was secured on land in
that section. County property was
C@i.e6. The record of loans in th..
ether city sections was: Northeast.
s5G.215. southeast, $500; southwest.
$4,000.