The Washington times., 1915-01-23
REALTY TRADING :
y !, SHOWS GOOD GAIN
Loan Market Passes Halt. Nil.
]. lion Mark, With Increase
y Over Preceding Six Days.

Realty trading showed IN improve
mont Of 80 per cent during the past
six days over the record for the pre-
osding week and almost eaualed the
brisk selling which inaugurated the
New Year. The loan market also ex-
perienced increased activity. and the
brokers generally expressed satisfac-
don over the business Of the third week
Of january. considering the season.
Trading was especially active on
Tuesday. when the brokers reported
thirty-four sales. This volume OF ousi-
ness 10 more than creditable at even
the. best selling periods Of the year: year
noties in the mi dale Of winter. Wsd.
neOday's business Of twenty-oight trades
was . good second. Friday ranked
third. with twenty-three sales record.
en ea sy:n'' Ss'
sixteen sales on Monday. and twelve
on the hslf-holiday Of saturday.
Outlying Suburbs Lead.
Despite the mantle OF snow which
covered real estate for a portion Of
the week. the outlying suburbs returned
to the lead Of the market. There were
sixty.six parcels changing owners in
this section. The near-urbAn district
contended for the supremacy, and was
q close second, with hfty-nine lots con,
veysd. The pia:a acquisitions aided
third position, with forty-two lots trans.
ferred. There were thirty.hve lots sold
IN the northwest, ten in tho southeast,
and nine in the southwest.
tho nv week % was = loan Of $4,000 secured
trustees to the store and office building
at the northwest corner Of Ninth street
rSe 1hs money s"S'y,ss was sdv.ncsd % By the Wash:
ington Loan and Trust Company, and
10 repayabie in three years. with inter-
est at Eb per cent.
The second largest deal Of tho week week
Thomas aGs Bones. whsn hey borrowed
el35, 900 to finance the building OF an
apartment at 18th ana Willard streets.
The money was furnished by Swartzell.
paid e IN t three e"Ses Years wi With interest At 81
per cent.
Largest Sale on the Market.
The largest sale Of the week involved
Catholic University Of America. The
property located at the southeast cor
ner Of Fourth street east and Michigan
avenue, was purchased by the Associ-
atsd Professors Of Ct: Mary Seminary
Of Baltimore for S47.5oo: The land was
owned by the Society Of Oblate Fathers
for Missions Among the Poor. New
new owners will erect handsome build
ing. for their house Of studies, which
under. the name Of st.: Augustin's has
occupied q frame building further east
on Michigan avenue. The property sold
adjoins the Dominican College Of the
immsculate Conception. and extends to
For a Consideration Of $4,000 Robert
H. McNeiM has sold the business prop
erty at sos Eleventh street northwest
70 Samuel H. Friend. Clara X: Hsnkl.
At 1900 ana lsoe sixteenth street north,
west, and e. Olivia johnson spent 11l.6
In the purchase of premises IT'S Con
necticut avenue northwest. Harry
Wardman sold to Annabel Crandall and
Ruth L. Crandall the property at 2s2,
Fifteenth street northwest. The con-
sideration as indicated by the revenue
stamps on the deed was @12.600
Passes Half Million Mark.
The loan market passed the half
million mark this week. and showed ar
increase Of $4,000 over the figures fol
the preceding six days. The exact ng
ures for loans In the third week o1
January we're @5s5.ss7.0e. This sum wal
borrowed on the security of 1eo lots a
IN average interest rate Of 6.s per cent
Straight loans comprised the bulk Of
the weeks business. having q total ol
&SSEl3.6y Building associations ad
vanced to members $50. 800. The sum ol
al the notes siven for deferred pur
chase money was $26,e23.SS.