The Washington times., 1915-11-27
largest Transactions Of the
Month Effected This Week.
Holidays Affect Brokers.
LOANS PLACED At s562,075
F Street Office Building Sold for
S30O,OO0-$50,000 Paid
for Apartment House Site.

The largest realty transactions OF tho
month were effected In the fourth week
OF November An F street office build
ing was sold for 100000. and about $780,
90 was invested In the purchase Of a
site In the exclusive apartment house
district. which. when improved. will In
voive an expenditure In excess Of $780,
0oo A downtown store was purchased
for 10000 and several deals closed at
figures ranging between $4,000 and
$4,000.
Quality reigned throughout the
weeks sales rather than quantity.
The absence OF the latter is due In
some measure to the abbreviated week.
the brokers having practically only
four days. owing to the Thanksgiving
day holiday and the half days on We'd
nesday and Saturday. Despite this
handicap. they closed 112 transaction.
in which were involved 1877 lots and
parcels Of real estate.
Trading Evenly Distributed.
The trading was rather evenly dis
tributed. Wednesday. although only a
half day in the departments. showed
the greatest activity with its record Of
VWcnty-SeNen
second with twenty-five trades. There
were twenty-three deals completed on
the half-holiday OF Saturday and twen-
ty-one reported on Tuesday. Mondays
showing OF sixteen sales was the poor
est Of the week.
Suburban realty selling continued to
dominate the market. In the outlying
suburbs eight-nine parcels changed
owners. while in the near-urban dis
trict thirty-eight lots were conveyed.
The northwest was in third place with
thirty-seven lots to its credit There
were nineteen lots sold In the north
east. twelve In the southeast and two
in the southwest.
The Adams Building. at 1893 and 1875
street northwest. was the highest
priced sale OF the week and also for
November. Ross 8. Matthews trans
ferred the property to w. r. Hawkins.
OF Pennsylvania. for a consideration
indicated by the revenue stamps ana
eneumbranees at 10000 ,,a The e, pur, ps
chaser assumed trust OF $3.50 600 and
paid the balance in cash. Mr.. Mat
thews bought the property last May
from the trustees OF the estate of Caleb
C. Willard.
Apartment House Site Sold.
An apartment house site at the trmc-
ton OF Columbia road and Belmont
road was purchased yesterday by Bates
Warren. The property involved two
ownerships. One is the irregularly
shaped corner lot which fronts about
1876 feet on Columbia road and has a
The other lot faces Belmont road for
which skirts the corner lot. For the
corner properly Mr.; Warren paid
:s5:@2S: to William PIT Kellogg: The
Evans at a price indicated by Mo
stamps at $4,000. Mr.. Warren gave a
first trust Of $16S 900. supposed to be to
Kellogg a second trust for $50 So ss.
the deferred purchase price OF the
corner lot.
The National Savings and Trust Com
pany; as trustees Of the estate Of John
business building at 900 Ninth street
northwest for $4,000. The purchasers
are Victor K. Kissal. stephen J. Demas.
and Nicholas J. Demas. They paid
$60O cash and gave a purchase money
trust for $3s. 900 payable In from two
to f1ve years.
Other Important Sales.
Other important sales Of the week
included premises 2b+s Fourteenth street
northwest. bought by Josephine F..
Jesse NJ. Shrcve The price is indicated
at sS.0o Property on Spring ROAD. near
Sixteenth street. was sold to James II.
Baden for $25 600. Jesse NJ. Shreve Sc
cured four lots on NJ street between
Fourth and Fifth streets northwest.
from Josephine f. Prather and sold
three of them to J. Walter Moulden for
Sh,mo. Mr.. Moulden transferred his pur-
chase to S. Duncan Bradley.
The loan market was not affected scri-
ously by the abbreviated week The
exact figures In the loans for the fourth
week Of November were SG2. .075S7. This
sum was borrowed on the security of l57
lots at an average interest rate OF SO
per cent.
Straight loans had the lions share of
the weeks business. displa ying an ag-
gregate of 1889, $3.50. The sum Of all the
notes given for deferred purchase money
was $l6.S7.23. The building associa-
tions advanced to members s66 500.
County property was most favored IA
. basis for loan security. being pledged
for total of S377?i9.60. Land in the
northwest was encountered to the tx.
tent OF $l37,9l7. The record of loans In
the other city sections was: Southeast
SD. 900: northeast. Sl7.576. and south west
SS.o34N.