The Washington times., 1915-10-02
Large Transactions During
Month Recorded by Realty
Brokers.
SUBURBS WELL IN THE LEAD
Chief Sale Of Week Was That
of Nairn Estate on F Street
Northwest.

Investments in the purchase Of ana
loans on real estate during .septem- :
her reached $4,000. 900. During the
month Just closed the brokers com
nI.,.d bo4 transactions, in which were
;nvo,ved sss lots and parcels Of real
..tst. The month was noted for the
..,ali,y Of the sales effected. many
large transactions being recoroeo'
with the Labor Day ana q. A.. ".
review holidays and the four suhaays
OF the month excluded. the proke:s
had twenty-four WORKING Gays ."
September, In closing eo4 trahsac-
tions they maintained daily aver
nSe of twenty -one sales. THIS aa'y
business did not equal the activity ot
September, 1919. when the daily .ntv- Az
erage of trading reached twenty-
eight deals. The total Investments
However. exceeded both september.
1914 and August. 1918.
The business OF the last week OF the
month was above the average; DurIns
norted Il9 transactions In which were
involved 2O4 parcels Of realty. AS
there were only five working days
the daily average for the past week
was twenty-four trades. The weeKs week.
business was pretty equally distribut-
ed. Monday was the banner day. nav
ing twenty-eight sales to Its credit
tuesday ranked second with twenty,
four deals. Saturday was In tnlra
place with twenty-three sales. Thurs
dav and Friday were tied for fourth
position, each reporting twenty-five
sales effected. The office OF the Rs-
corder of Deeds was closed on Wei-
nesday.
Suburbs Lead Market.
,r. n,,tlv,ny auburbs we're we'll In ad-
vance of the weeks market. showing
an aggregate Of ninety-fodr parcels
changing owners. The near-urban dis
trict ranked second. with forty-four lots
transferred. followed closely by the
northwest, with forty-two lots con.
veyed There were fourteen lots sold
IN the southeast. six In the northeast.
and four in the southwest.
The chief sale Of the past week IN,
volved the business property at lloi r
street northwest. The National Savings
and Trust Company. as executor OF the
estate of John w. Nairn. sold the three
stcry building to Joseph ID. Sullivan for
SO, 900 Mr.. Sullivan placed deed OF
trust on the property for $4,000 Of the
purchase money. and. subject to that
trust. transferred the property to Al.
bert Garry. president of the National
Capital Brewing Company.
MIR. Carry immcdia tcly executed a lease
of the property to John c. Mellon for
ten years from September IS. 1915. The
lease provides for an annual rental of
$3.50: The building is occupied by q
jcwelry store on the first floor and a
Photographic studio In the other two
stories.
Near Theater Property.
Another business property changed
owners this week. Fayette T. Moore.
hetter known as Tom Moore. lessee of
the Strand and Garden Thcaters. in
vested $780, 900 In the acquisition Of the
livery stable property at AIS and 40
Eighth street northwest. The property
Is In the rear of the Garden Theatcr.
and was purchased from S. Dana Lin
coin.
record of transfers. For considera-
ton of $46. 500 Charlotte A. r. Chadwick
sod the st. Lawrence apartments on
California street. between Eighteenth
and Nineteenth streets. to Bella Basxin.
The Lanier apartments at l7ie Lanier
place were acquired by Samuel c. Red
man for q price indicated by the reye-
nue. stamps at $685. 800.
The property at Twenty first street
and Pennsylvania avenue northwest
known as the Penn Gardens, also was
conveyed during the week Edmund
Is. FoN placed a trust for 800, 900 on
inc property. payable in ten years,
ana then transferred the title to the
l,cnn Gardens. incorporated. Revenue
stamps indicating a consideration Of
s2hooo were attached to the deed.
Loans Show Increase.
An increase of so per cent was no.
ticeable In the loan market for the
declining days OF September over the
record Tor the preceding week. The
exact figures in the loans Of the past
six days were $69O.623.i3. This sum
was borrowed on the security Of I6S
lots. at an average interest rate OF
SO per cent.
Straight loans constituted the bull,
or the weeks market showing an
aggregate OF J93.2O9.99. The sum of
a!l the notes given for deferred pur-
chase money was S14l.613.44. The