The Washington times., 1916-07-01
REALTY TRADING IN.
NEUTRALITY-SUSPICIOUS.
A MORKED INCREASE
Fiscal Year Just Closed Had
1,R6 More Deals Than
Twelve Months Beofre.
JUNE TAKES FIRST RANK

Realty trading here during the fiscal
year 1915 exhibited a decided advance
over the business for the previous
fiscal year. During the twelve months
closing yesterday the Recorder Of
Deeds received 1.12s more papers than
in the fiscal year 1915 and 2.oas more
than In the twelve months ending
June 80, 1914.
According to Acting Recorder Dut-
ton. 24,o52 papers were fled IN the
last fiscal year as compared with 22.926
1919 aSmSsr,ssS %nd ssois IN IL. ls,' number of
papers by months Of the fiscal years
1918 and 1915 follows: July. 2.2zs-
2:o5i: August 1.7s7-iS7s;, september.
Der. 2,o7s-i,ssI: peccmber. 1901 I.Ssi:
1875: March, a,i3s-2.oo7; April. a,OSs-
s.Iit; May. s.i72-2,i72: June. 2.sis-
2.3ss.
June Ranks First.
June took first rank In investments
during 1915. The total invested in the
loans on and purchase OF real estate
for tho last four weeks was $500. 900.
This aggregate exceeds the showing 9
for May by 100000 and is more than
81. 100000 in excess of the fgures for
any of the earlier months.
While excsiliinS IN It's total Of In,
measure up to the activity Of May
or in the volume OF trading. The deals
| completed by the brokers In June
were $40 as compared with SOS in
May. In the volume OF trade May re-
compared with l.O27 parcels conveyed
In June.
The financial market was again the
feature OF the fourth week OF June.
The loans exceeded 100000
Included In the weeks trading were
1bl deals involving the transfer Of 236
parcels OF real estate.
Continues In Lead.
The near-urban district continued to
lead the market with total of ninety
nine lots conveyed. The northwest was
in second place with fifty-four lots, fol-
/ lowed closely by the outlying suburbs.
with fifty-two parcels. Sixteen lots
were sold in the northeast; fourteen in
the southwest and four In the south
east.
! The Commercial National Bank yester-
day acquired title to the adjacent prop
erty at 1+6 G street northwest. occupied
, by the Continental Trust Company. The
property was owned by Harry A. Kite.
who purchased II a few weeks ago. The
consideration indicated by the stamps
and insumbrance on the property was
$l5O.00o.
| Harry wardman and Thomas p.
Bones took title during the week to q
number OF lots in woodley Park. ada
cent to the Connecticut avenue bridge,
which are to be included IN the extern
sve apartment colony tobe developed
by them. The lots secured from the re-
ceivers of the Waggaman estate cost
$40 900.
Established New Record.
The loan market for the fourth week
of June established a new record for
1916. The exact figures in loans were
81, 30i. 2sS5s. This sum was borrowed on
the security os ~ lots at an average
interest rate OF 81 per cent
Straight loans had the lions share OF
the weeks business. showing an aggre-
gate OF sa25. .34.0S. The sum Of all the
notes given for deferred purchase money
was SOS. .06450. The building associations
advanced TO members E0.900.
County property continued in favor as
a basis for loan security being pladged
| for a total OF $722. 221. .S3 Land in the
northwest was encumbered to the extent
| of $3.50. $50. The record Of loans in the
other sections was: northeast. fS, ,S1Z. 81
southwest. $l6. 1880. and southeast. SO.
1865