The Washington times., 1915-07-03
REALTY TRADING HIGH
IN LAST FISCAL YEAR
Previous Twelve Months Busl-
ness Greatly Exceeded, Re.
corder's Papers Show.

Real estate trading during the last
hecal year greatly exceeded the opera
tions of the preceding twelvemonth. IL
the business transacted In the offlce Of
the Recorder of Deeds may be accepted
as a criterion. Nine hundred and fifteen
more papers were filed than in the pre-
vious year. .r
According to a computation by Acting
Recorder Dutton, the total for the last
twelve months was 22.s28 records. Dur
ux the previous fiscal year a20l3 instru-
ments were received for record, A
comparison of the number of papers by
months of the two fiscal years follows:
July. bso4-2,o51; August. 1.5so-1.s7s Sep
tember. 1851. .75s; October, 2o6s-a III |;
November. 1881 ,es4; December, 1,S2s-
l,634: January. lsE-l,54: February.
i,5!s-1,S75; March. 1,sT-2o1; April. aSis- aS
ssst' s.ssss' May s'o7S-si7s' and June s'o's-
June was the busiest period Of the
year. Investments In the purchase Of
and loans on local real estate reached
saetions in which 1859 parcels were in
volved.
The record of the months sales is 100
IN excess Of the business Of March, 1910
which had held the years record for
June falls siss.oce short Of the business
of March.
The last week was the busiest Of the
month. The brokers succeeded in effect
ing 1s9 transactions. involving 5oa par
ing days of the year. having forty-four
sales to its credit Thursday ranked
second. with thirty nine trades effected.
followed closely by Wednesdays busi-
seven sales were closed on Tuesday.
twenty-five on Saturday. and seventeen
on Friday.
More than half the volume of the
weeks trading was In the outlying dis
tricts. where 263 parcels changed hands
The near-urban district ranked second.
with eighty lots conveyed. followed by
the northwest with seventy-five. Forty
two lots were sold, in the northeast,
thirty-nine in the southeast. and six in
The largest sale Of the week involved
the Santa Rosa apartments at 1Il2
Seventeenth street northwest. The
building has four stories and comprises
seventeen apartments. For consiSera-
ton indicated by the revenue stamps at
$4S,o00 Frank V. Killian purchased the
apartments from Edward P. Thomas.
As part consideration. Mr.. Killian
building at 5N Eleventh street north
west. This property was valued at
s5,0oo and was acquired by Mr.. Killian
In a trade for property on Pennsylvania
avenue q Kew months ago.
Frank p. Reeside sold last Wednes-
day the dwelling at 2126 Bancroft place
for $4,000. The purchaser is George
r. Putnam.
The Casualty Hospital acquired the
dwelling, 2l2 Eighth street northeast.
yesterday from William A. Hettinser
and. Adolph Feldvoss, trustees. for "a, 800.
The property Is just across the alley
from the hospital grounds. No an
nouncement has been made as to the
use to which 1t Is to be put.
There was a slight decline in the
money market during the last six days.
The exact figures for loans were $575.
T1.91. This sum was borrowed on the
security of 203 lots at an average inter-
est rate Of 81 per cent.
Straight loans had the lions share of
the business OF the week with an aggre-
gate Of $439,4S2 The sum Of all the
notes given for deferred purchase
money was So, S,82S.91. The building as
sociations advanced to members $S7. 400.
County property won highest favor
as basis for loan security. being
pledged for a total Of $2S7, ,56S.33. Land
in the northwest was encumbered to
the extent of S234,2ss.0s. The record of
loans in other sections is: Southeast.
s32, $3.50; northeast. $27,470 and south
west, $500.