The Washington times., 1915-02-06
REALTY SALES MAKE
:. new YEAR RECORD
Weeks Record Only Nine Trans.
-, actions Short Of High Mark
= : Set in 1911.

Realty trading for the initial week
Of February displayed remarkable ac-
tivity. 1t, not only established a new
high mark for q weeks transactions
IN the new year. but one must bark
back four years to find when SO many
.cf February. The record for activity
IN the opening week Of the second
realty selling in the District Is held
ga. During the past six days the
brokers' closed 145 transactions. being
only nine sales short Of the highest
RECORD in the period.
first week oi February last year. the
record Of the past week shows a
daily increase of three sales. 1t has
2 much larger percentage Of Increase
made with the figures of the first
week Of February. 1913. and with the
corresponding week Of 1912.
Selling Well Distributed.
The selling was we'll distributed
throughout the week. Monday taking
the lead with twenty-nIne sales. fol
lowed closely. by Wednesdays report
Of twenty -eignt deals completed.
friday was a good third: having
day of Saturday. when twenty-four
twenty trades 'cSSai eeeted on Thursday
anS eshsssn yGams q On rsaIss rSSssayh yyhs week is
70 per cent in advanos Of the fsures
for the closing days Of January. In.
voaved In the operations of the past
week were ~ lots and parcels Of real
business was Embraced within the out.
really changed owners. The near urban
district was In second place. with nifty
@orthwest with forty-one lots conveyed.
There were 81 lots sold in the norti,-
east. nine In the southeast and six IN
the southwest.
The largest transaction Of the week
Wa the sale of two apartment by Aar-
~ Wardman to James H. Gore for a
consideration indicated by the revenus
stamps to have been &ssotO. One Of the
strest Setwsen m sixteenth NTH and s seven
teenth streets and the other Is on the
north side Of r street.
Mr.. Wardnan took In part payment
'sIee Sts tn: and tss tnTd on Kao
rama Heights. The value Of the three
parcels was placed at $4,000.
Bates Warren. trustee Of the bank.
,SDs ,iy IT. estate Of John H. No:yn: sold 1S, fo,
School street northwest. The purchas-
ers are Edgar w. and Susie E. Davis.
Pays $4,000 For Two Lots.
week $4,000 in the purchase of two lots
near the Wendell mansions. Ono OF
the lots fronts on Decatur street near
Twenty-fourth street. and was bought
from Myron NJ Cady for 5000. The
other lot adjoins on 8 street: For this
lot ass ~is sSres esa to Ef sa Ninth G Msnst sna
streets northwest. and the parsonage
adjoining. on Ninth street, were sold
during the week to the trustees Of New
Bethel Rsptist Church. The price paid
Carl j. F. Graft has purchased sever
lots near Sherman avenue and IAamon,
street for $2lO0O. He will improve the
property by erecting seven dwellings. :,
,inss Of local real estate for church pur
pcses thu week when he bought six lot.
on Brothers place. in Congress Heights
Tho sale was made by Ralph p. Bar
The consideration is not stated.
Tho loan market shared the activity
in the sales department and showed al
increase Of $125.000 over the business o
a:s Lat sis Day. I've %ers s1ast fe: n'
was borrowed on the security Of l46 lots
at an average interest rate OF 5.s pc
cent.
Straight loans continued to lead th'
market, displaying an aggregate o
33ID. .a63. .60 The building associations ad
vanced to members $lo1. 100. The sum o
all the notes given for deferred pur
chase money was $73.54Sf.
Northwest property was most favore
a. q basis for loan security. bein
pledged for q total Of $204, $3.50. Land II
the county was encumbered to the ex
tent Of 3lss.55.N. The record of loan
in the other city sections was: South
east, 3lS.525; northeast. $4,000. an
southwest. $780,