The Washington times., 1915-02-13
ACTIVITY N REALTY
MARKET GRATIFYING II:
Trading Of Last Six Days Sur.
passes Record Of Any Week
in 1914.

Springlike conditions prevailed III Tue
real estate market throughout the Sec
ond week Of February. .......
In fact, the activity OF the past SIX
days surpassed the record OF any week
In the spring of 1914 The NUMBER OF
transactions of the past week was ex-
cclled only twice In the year 1S14-once
in the record-breaking first week OF
December, in which was included the
ITO transfers fled on November ~ 10
evsde tho war revenue tax. The other
occasion was the second week OF Octo-
ber, with its record Of 1S6 transactions.
era succeeded in completing la deals.
in which were included 2sS lots and
parcels Of real estate. new record
Tor days activity In 1915 was estsp. stan.
reported. such single days business
hae not been witnessed since last July.
'rhe nearest approach to 1t was IN DC
tobcr. when 40 sales were conoluoed IN
The weeks activity started on Mon
day, with 40 transactions, and 1t was
surprising to learn that the brokers
would beat this high figure IN the same same
week. Thursdays rscoId &c sans OF Wednsss u aess
day was In third place: with "a trades
erected followed by Friday: with 20
sales. and Tuesdays record OF trans
actions, Inc SatuTudy
nctted only 10 deals.
Northwest Takes Squirt.
An even hundred parcels Of real estate
changed owners last week In the out
living suburbs. and placed that section
in the lead Of the market bv com
Portable margin. The northwest trad
tion of the city in second place win
ssventv.one- lots conveyed. There were
sixty-sev lots transferred In the near
urban district. and thirty-four IN the
aoutheast and seven in the southwest.
The largest transaction OF the week
involved a consideration Of 100000 as
indicated by the revenue stamps; AZ
this price Charles ,sont, F. c,app Sixteenth ss
street above Columbia road. to Ricnara
M. Nelson. The transfer was recitea
to be subject to a trust for s,aNO. ana
the new owner gave deterrea erred pay cven,,e
stamps Of s25 attached to the deed.
The United states Trust Company and
the Munsey Trust Company solo tne
bank building at Pennsylvania avenue
and Tenth and d streets northwest 70
The the franklin National Bank. AS the
transfer was executed before last De
cember there were no revenue stamps
on the deed. which contained merely a
nominal consideration: .
honoe ~ thirty acres on the Giesboro
road. below Congress oao Me'snts' nus tooS ~
in exchange the !vanhoe ,st apaf'snSi ar q similsr ar
valuation. The title to the apartments
was in the name Of MT Morris;
consideratton. of Of s.C eitv Is Of HoWard
n T1nivepsity ppFHSaSef Of 's lot on Exth street
nU,enIto't 1seent to the university buildings. The
title to the property was vested ~
Bishop Harding and others as trus'ees a,s
act Of Congress was necessary to per-
nit the sale to the university. .,.
Premises IA Thirteenth street nortn.
west figured in the weeks recora % O'
James H. Baden, trustee, sold the prop
erty to Charles Some. A lot AZ tne
corner of Wisconsin avenue ana Wooo.
ley road was acquired this week py tne
Protestant Episcopal Cathedral foun
dation for $500, ar MARION af the hueeI property W
which Is situated directly across Wooo
lev road from the north boundary OF tht
st. Alban's tract
The National Society Of the Daugh'
ters OF the American Revolution pur'
chased SIX lots in the rear OF Continem,
tai Hall The property fronts about ~
feet on . street. and has depth OF lo
feet and abuts the rear OF the sew
cntccnth street lots on which the nal
Is located The price paid for the prop
erty to Charles G. Glover. the forme1
owner. was $lI.O39.57.
An increase of nearly 50 per cent Il
noticeable in the loan market this weei
over the business Of the opening day
of February. The exact figures Of tn
loans Of the past six days were s6ol.
$1,000 This sum was borrowed on tn
security Of 233 lots at an average In
terest rate of 81 per cent. -,
Straight loans had a big lead on th'
market. displaying an aggregate o
$37O,S156S. The sum Of all the note
given for deferred purchase money wa
$15e. .564 81. Building associations ad
vanccd to members s7s.45O
The Darlington purchase money loa
aided the county property in reachin
highest favor as basis for loan sc
curity. with a total OF S296. 6.01S. 92. Ian
in the northwest was encumbered I
the extent Of s245. .99l.6S. The record o
loans In the other city sections was
Northeast. s33, $50; southeast, SOS, 100. an
southwest. 8. 800.