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

Christmas week, 1915. not only
smashed all records OF the year for a
hlEh-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 ySy9, 900, 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 In
Christmas week of 1918 only IS trans
actions were completed, while in 1919
there were reported 1O4 deals. But 80
trades were Effected in the similar
week of 1911.
Christmas Eve, with its IL transae-
tions, made the poorest showing of the
week. 1t, however, reflected the week 5
superiority over the corresponding perl
eds of former years. Last year only
sales were recoded on the eve of the
holiday. and but 10 wee erected be-
cember "a. 1919, Both in 1912 and 1911
the eve of Christmas reported only y
sales.
Outlying Suburbs Lead.
Included in the weeks total OF 122
deals were 22O 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 were 90 parcels
conveyed in the distant suburbs, while
the rlear-urban district reported the sale
of 50 lots. The southeast was in third
place with 10 lots transferred, fol-
lowed closely by the northwest with 20
lots to its credit. There were y lots
sold in the northeast and 8 in the
southwest.
Harry Wardman and Thomas Bones
made the chief sale of 1915 last week
when they conveyed to Mrs. Henrietta
M. Halliday the three buildings at
Fourteenth and Clifton streRts known
as Wardman Courts West, South, and
East The consideration, according to
the stamps and encumbrances, was $S9a,
00O Mrs. Halliday, in part payment.
transferred to Messrs. Wardman and
Bones, the Brighton apartments at 212a
California street, at a valuation Of
100000
Wardman and Bones took a lease from
Mrs. Halliday Of the three Wardman
Courts for ten years at an annual rental
OF S55, ,000 payable monthly. They re-
served the right to renew the lease fol
an additional ten years and the right
to repurchase the property during that
period at q cost of s., 100000.
Other apartments figured in the
weeks activity The Kirkman at 1OlS
Eighteenth street northwest, was sold
by o. Arthur Kirkman to Frank c.
johnson for $500, as indicated by the
stamps. The building has forty-five
apartments. The st. Paul, three-story
building with twelve apartments, at 1872
and 1924 Fifteenth streets northwest
was bought by Charles E. Tribby for
q consideration indicated as $4,000. l..
part payment Mr.. Tribby conveyed
premises 1866 Third street, 14O6 Thirty
fourth street, 1896 Fourth street north
west, and 9i4 to 91S Fifteenth street
southeast.
Albert Carry invested $4,000 in the
purchase of premises 921 B streat
northwest, and 92S Louisiana avenue
northwest from Golden & Co. Hc
leased the property to the corpora
tion for term of years. Premises SOC
Eleventh street northwest. was trans.
ferred by Samuel H. Friend to Robert
II. McNeill. The stamps indicated 4
valuation Of $4,000. Olga II. Bayuo
bought premises 1862 and 1884 n
street northwest, from Arthur Her
bert and Ellen M. Parker. About
$4,000 was involved in the purchAse
College Increases Holdings.
Trinity College added to it's hO'd
81 Is near the Catholic University tais
week by the purchase of about thrat
acres at Fourth street and North az
Snue. in the subdivision of Metropji'
View. The land brought $4,000 ar
acre. The Rev. e. A Pace. of The
Catholic University. also purchased
land near the university. He investet
$1,000 In a portion of the Turkey
Thicket farm.
The loan market did, not keep pace
with the weeks trading, but showed
a decline OF nearly $7O.0 600. The exac
figures for the past week were S542.
SSA2b. This sum was borrowed on th'
security of 179 lots at an average 'E'
terest rate of 81 per cent.
Straight loans had the lions shact
OF the weeks business, displaying "a
aggregate of $396,126. Building as
sociations advanced to membe er
$86,20O, The sum of all the NOES
given for deferred purchase none!
was $60,66S.25.
The northwest returned to favO
as the basis for loan security thl
week. being pledged for a total %
$315,010. County property was en-
numbered to the extent of $149, BATE
The record of loans in the other cit,
sections was: Northeast, $51,709
southeast. $17.736.4S, and southwest
$500.