The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1916-11-25
Quality, However, Continues to
Mark Land Operations In
and About City.
BUILDING BRINGS 100000
Darlington Apartments Sold by
Richard m. Nelson to
Charles &. clapp.

! Quality continued TO mark realty
operations during the third week of
November. There was, however,
slight decline In the number OF tran.
sactions and n decided faiiing-off IN
the volume. OF trading from the record
OF the preceding six days.
During the last week the brokers
closed 145 deals. in which were in.
volved 2eo parcels OF real estate.
There were nine less sales than IN
the second week OF the month.
The 100000 mark was reached this
week in the sale OF tho Darlington
apartments at 3033 sixteenth stree.
northwest. Two downtown business
properties changed owners at consid-
crattons approximatinR 100000 each.
A building loan OF $4,000 was ef.
fected, and n number OF sales OF valu-
able real estate reported.
Thursdsy Bssner Day.
Thursday was the banner day Of
the week. with record. OF thirty.
seven sales. Monday and wcdnes.
days business was tied with twenty.
four sales each. Tuesday saw TWEEN
ty.one trades completed, and a like
number was recorded on the half.
holiday OF Saturday. Friday, usually
one OF the most active days OF the
week, IL found In last place with only
eighteen sales:
The zone OF activity was drawn
when the near-urbsn district attained
nrst place In the race for the Fu-
premncy OF the market There were
ninety-four lots transferred In this
section and seventy In the outlying
suburbs. The northwest ranked third
with thirty-siN lots conveyed The
southwestcrn section. which IN the
preceding week had not reported a
ern sections OF the city. and IL found
In the fourth position, with thirty
one lots TO lts credit. There were sew
enteen lots sold In the southeast and
twelve In the northeast
Highest Priced Property.
The highest priced property which
figured In the weeks transfers was
the Darlington apartment, 1t 303%
sixteenth street northwest Richard
NJ. Nelson conveyed the property a.
Charles u. Clam. The consideration
IL reported at 100000.
4, "a price OF about 100000. Harry
A. Kite sold 10 John -. O'Connor thu
Occidental Hotel Annex. q lilb Penn
Kite acquired the property last Jun"
from John n, wilkins.
Another business property Transferred
street northwest. the home OF tic Tea
Cup Inn. The price II also said To- have
been about Si0O.0D The to.umbin
Properties Company Sold the property
60 Harry wardman and Thomas Boncf.
Metropolis View sak.
The Government acquired Tuesday
portion OF the subdivision Of Metropolis
View. at Fifth and W streets northeast
The price paid was sef.1t5. The land
was secured for the use OF the Post
Office Department ms n site for the mail
bag repair shops. The seller was IN"
Hallway Terminal Warehouse Company.
To finance an apartment. which they
will build at Sixteenth and Newton
streets northwest. Harry Wardman ana
Thomas Bones secured "A loan OF A'S.H9
yesterday through the Swarizell, Nheen'
A Hensey Company. The notes are
made payable TO John u. Holmead,
While the trading OF the week declined,
the loan market displayed an advance
OF IS 900 over the record OF thu previous
week The exact figures In the loans
OF the paN six days were so. tSSo2 Thi.
sum was borrowed ON the security OF ~
lots Mt an average Interest rate OF b.s
per cent
straight Loans First.
Straight loans prsdominated with an
aggregate OF sist15i.i0 The sum OF AL
the notes given for deferred purchase
money was S?Oe 1912. The building as
sociatlons advanced 10 members @5.bn
County property retained highest favor
as a basis of loan security, being pledged
for q totn, Of s5sl.5Ia,iN Land In the
northwest was encumbered to the cS-
tent Of SlS9Si.A The record OF loans
In the other city sections was, northeast,
"a 400 southwest. si6.4o, and southeast.