The Washington times., 1915-12-25
More Transactions Than Ever
Known Before in City's His.
tory for Same Period.
OUTLYING SUBURBS LEAD
Trinity College Adds to Hold
ings-DecIine in the Loan
Market.

Christmas week, 1915, not only
smashed all records of the year for a
high-priced sale. but witnessed the re-
cording of more transactions for the
period of the year than has ever been
known in the history of real estate ac-
tivity in washington. The sale of the
Wardman Courts, at $3.50, OO0 was the
largest transaction effected in 1915, and
with the exception of the Southern
Building and the Arlington Hotel site
probably the largest deal closed in re-
cent years.
During the past week the brokers
concluded 122 transactions. exceeding by
80 sales the business done in the cor
responding week of last year. lr
Christmas week of 1913 only So trans
actions were completed, while in 1872
there were reported 104 deals. But 80
trades were effected in the similar
week of 1911.
Christmas Eve, with its II transac-
tions. made the poorest showing of the
week. 1t, however. reflected the week s
superiority over the corresponding peri
DDS of former years. Last year only
Z sales were recoded on the eve of the
holiday, and but 10 wee effected De-
cember "a. 1919. Both in 1912 and 1911
sales.
Outlying Suburbs Lead.
Included in the weeks total of 122
deals were 200 lots and parcels of real
estate. The outlying suburbs retained
the lead of the market, although hard
pressed for supremacy by the near
urban district. There we're 60 parcels
conveyed in the distant suburbs, while
the near-urban district reported the sale
of &c lots. The southeast was in third
place with - lots transferred, fol-
lowed closely by the northwest with 81
lots to its credit. There were - lots
sold in the northeast and s in the
southwest.
Harry Wardman and Thomas Bones
made the chief sale of 1915 last week
when they conveyed to Mrs. Henrietta
Nj. Halliday the three buildings at
Fourteenth and Clifton streets known
as Wardman Courts West. South. and
East. The consideration. according to
the stamps and encumbrances, was $780,,
900. Mrs. Halliday. in part payment;
Bones, the Brighton apartments at 2l.9
California street, at a valuation o.
S3O0.0O
Wardman and Bones took lease from
Mrs. Halliday of the three Wardman
Courts for ten years at an annual rental
OF SIS, ,00O, payable monthly. They re-
served the right to renew the lease fOl
to repurchase the property during that
period at a cost of s1,O0OO00.
Other apartments figured in the
weeks activity. The Kirkman. at l9l;
by o. Arthur Ktrkman to Frank G
johnson for s43,5O0 as indicated by the
stamps. The building has forty-tve
apartments. The st. Paul, three-story
x.,tt artnn 1ntS of
and 1924 Fifteenth streets northwest
was bought by Charles E. Tribby fol
consideration indicated as $36,OOO. l..
part payment M Tribby ;,os conKeyeo nv y,
fourth street, 1896 Fourth street north
west, and 9l4 to slS Fifteenth stree
southeast.
Albert Carry invested $4,000 in tht
northwest, and 928 Louisiana avenue
northwest from Golden & Co. Jit
leased the property to the corpora
tion for term of years Premises 53t
ferred by Samuel II. Friend to Robrri
II. McNeill The stamps indicated ;
valuation Of $4,000. Olga X. Baynt
bought premises 1852 and 1854 n
bert and Ellen NJ. Parker. Abo0
$4,000 was involved in the purchase
College Increases Holdings.
trinity ColleSe addei 10 It's ho'd
lEs near the Catholic University tai!
week by the purchase of about thru,
acres at Fourth street and North AZ
snue. in the subdivision of MetropIi!
View The land brought $4,000 ar
acre. The Rev. f. a. Pace. of u,
Catholic University, also purchase
land near the university He investe'
$4,000 in a portion of the Turke!
Thicket farm.
The loan market did not keep pac
with the weeks trading. but showe'
decline OF nearly $4,000. The eXac
figures for the past week were $542
99425. This sum was borrowed on th
security of 179 lots at an average II
terest rate of ST per cent.
Straight loans had the lions shar
OF the weeks business, displaying ~
aggregate of $396,126. Building a|
sociations advanced to member
$S6,200. The sum of all the noe
given for deferred purchase none
was $60.66S.25.
The northwest returned to favo
as the basis for loan security thu
week. being pledged for a total q
$315,010. County property was en-
numbered to the extent of $149,S47.7
The record of loans in the other cit
sections was: Northeast. $51,70.
southeast. $l7.736,4S, and southwe3
$500.