The Washington times., 1915-11-13
PetWorth Subdivision Also De-
mands Attention From In
vestors.
LOAN MARKET IMPROVES
Beacon Apartment Changes
Owner at Public Auction as
i, Heaviest Transaction.

! Realty trading experienced a sharp
Sai1y yesterday from the lethargic con-
9itions which prevailed earlier In the
week. As the result Of the activity Of
Friday the record OF the second week
of November Is the best OF the past Ave
weeks. The brokers closed forty three
deals yesterday. which Is the second
best days business In 1915. being only
three sales short OF the years record OF
iforty-six trades. established October Z.
The past weeks selling included 146
transactions. In which were involved "a
lots and parcels of real estate. The
number OF sales completed shows an
Increase Of eleven over the activity Of
the opening week Of November. In the
corresponding week OF last year only
1@ sales were reported.
Suburbs In Rivalry.
, A spirited rivalry was INDUCED In by
the two suburban sections for suprem-
acy In the weeks trading. The outly-
ing suburbs won by a small margin over
the near-urban district. The former re-
ported eighty-four parcels sold and the
latter eighty-one lots transferred. The
! southeast displayed the greatest activity
OF the sections Of the city proper. hav-
ing thirty-three lots to its credit. The
northwest was in fourth place. with
twenty-five lots conveyed. There were
ten lots sold In the northeast But one
lot changed owners In Southwest WASH
ington this week.
While Fridays record OF 43 sales
placed II easily in the van of the
weeks business. the trading of Mon
good. each day having 20 sales COM
pleted. The trading of the other days
OF the week was considered rather
poor. Only IS sales were closed IN
Saturday. II on Tuesday and 10 on
Wednesday.
One Big Sale.
There was a dearth of sales OF large
consideration this week with the ex-
, ception of the purchase of the Beacon
apartments at 1901 Calvert street. Will
liam L. Browning purchased the prop
erty at public auction for $4,000. It
Is said the price paid was about 10000
less than the encumbrances once on
the property.
The second best sale OF the week
was made by Mrs. Emma J. Walter
avenue to Joseph S. Cullinan. The
price paid Is indicated by the stamps
at $4,000
/: William L. Miller conveyed the Col
oudue apartments AZ lbcc vernon
street northwest. to Edward ]. Stell-
wagen for $4,000. Two residences in
the neighborhood of the Connecticut
avenue bridge brought good prices.
Harry X. Boss sold to Horace a.
! Dodge a house recently completed on
kalorama Heights for 1000. Ernest
! @. Walker sold lot PSI In the addition
to Washington Heights to Lillian L..
Dempsey. The price paid was about
sli.5oe.
In the purchase of the house at 1922
p street northwest. The sale was made
by Ivan Heideman. trustee. Harry
Wardman and Thomas p. Bones
bought property In Woodley Park
from Mary f. s. Gray The invest
ment indicated by the revenue stamps
was &1S.b0O.
Petworth Property.
", subdivision Of Petworth continues
to c.AsEand the attention of investors.
Many S'~.- I've been effected In this
vicinity recently and during the past
week seventeen sales were reportd in
THIS subdivision. The largest of these
trades involved q consideration indi-
Gated at SaS.oo0. Harry Wardman and
John II. CLANCY were the sellers Mary
T.. S. X Gray was the purchaser Of
seven lots for this price. Mr.. Wardman
also purchased some lots in Petworth
paving about $4,000 for them
iThe loan market continued to show
Improvement. the total for the second
week of November exceeding by nearly
$4,000 the record for the preceding
week. The exact figures for the loans
OF the past six days were S5l90O9.7 ~
This sum was borrowed on the security
OF .o7 lots at an average interest rate
of SIS Der cent
Straight loans constituted the bulk of
the market displaying a total of S47y.-
616S. The sum Of all tho notes given
for deferred purchase money was SIS.
3S3@. Building associations advanced
to members SCI. 900
County property continued in favor os
q basis for loan security being pledged
ior an aggregate of 1903, ,O9i94 Land in
the northwest was cncumbered TO the
. extent OF $273,650. Loans In the north
east amounted to s23.lS5, and in the
southeast. s19.O77,7S. No loans were re.