The Washington times., 1916-02-05
Realty Trading During Initial
Week Of February Shows
Marked Increase.
ss5o,ooo IN FOUR DEALS
Total of 116 Transactions Ef-
fected, Involving 1877 Lots
and Parcels.

Realty trading during the init'nl week
Of February increa sed both in Quantity
and quality. During the last elk days
properties valued at nearly M.OOOWO
changed owners Four deals alone in
Nolved S65C 900. A total of 11C trnnsac-
tions were effected. in which were in
volved 1917 lots and parcels of real es-
tate. Downtown business rronerty.
apartments and dwellings were in
Guided in the transfers.
with the exception of the halr-holidav
of Saturday. when only FIVE deals were
closed. tho business was pretty evenly
distributed. Monday and Wednesday
were tied with twenty-five sales each.
Tuesday witnessed the closing Of twen-
tv-one trades. while Thursday and FRI
tav each had twenty deals
The northwest section returned to
the lead of the market after many
a,onths It's supremacy was closely con-
;ested by the OUTLYING sections, one lot
alone deciding the issue. There were
slxty-seven lots sold in the. northwest
and sixty-s.x in the outlying suburbs.
The nnar-urban district ranked third
with thirty-two lots. followed by the
northeast. where twenty-five lots
changed owners. Eight lots wee trans
ferred in the southeast and two in the
southwest.
Apartment House Sold.
The chief transaction of the week
was the sale of the Willard Courts at
Seventeenth and Willard streets. John
H. Ruth acquired the property from
Harry Wardman and Thomas Bones at
a consideration approXimating S25O,COO.
The property fronts ITS feet on Seven
teenth street and has a depth OF eighty
feet. The apartment is five stories
high and contains fifty-nine suites,
The building is of light brick con-
struction, and is said to be fireproof
For a consideration indicated Dy tne
incunibrance and revenue stamrs at
Sis ono. DaEiel Lcugliran became he
owner of the Crandall Theater build
ing. Ninth and r. streets The prcrerty
Riley Walker ami Mrs. Ellen Riley
Harrison. of Virginia As part ccnsid-
eration, Mrs Harrison and Mrs. MalkGI
took title To the property ut SH Tweltth
street at ValuufiDn Of 5000
The thoater property has frontage
of fifty feet or Fl street and seventy
five feet on Ninth street. The lower
floor was IrmodGleG about two years
ago and leased to Harry Crandall until
1915 with prlvilece Of renewal to 1923.
The IrcQuois Apa dment. at ln0 n
street. was conveyed during the Xeet
from John Warren t. Arthur "; Hud
son tOF q consideration tSlIllldtt'l 'IOIl
the stamps and trust on the property
at S1S5, ,OO). 1t ia reported that Mr.. War
rem took in exchange 1000 acres q
faTmland ct Mprshall. Va. known a.
CIcnara. The farm Is said 10 have beeI
valued Mt S12h,nGO. n,S.l is improved by 1
large re sidrnc" ana EcVeral smnllel
structures The IrpQuois Is sever
stories high and contains forty suites.
Big Residence Deal.
One of the largest reccD" sales o
residence property was recorded durint
the week. when Mrs. hary Fl. Hill con
veyed the colonial RESI- ;dence at 1EN
street to George II. Myers The cOnsid
Grafton is stated at 500 900. 1t is saiC
the house will le occm,i4d as a horne b!
a prominent Government official. Tht
dwelling vas built several years aGt
for Mrs. st Ge0T"r Tucker and mas
frontaSe of 1m feet. Tho interior ar
rangement ia of tho EnglisN basrr1en
type, with suite for entertaining oil
the second or main floor. The dini~e
room opens out onto terrace i'm tn
rear of tho house. which connects Will
Il formal garden.
An increase Of nearly $40 900 is dis
played this week in the loan msrke
over the record for the closing week O
January The exact fEures for tn
FIRST week Of Fehrun"v are $52t a1S 2F
This sum was borrow'E n the secnrit
Of lGa lots. at an average interest rat
The bulk os the weeks business wa
IN straight loans which totaleh SI91 ,SS(
The sum OF all tn" notes given for dc
ferred purchase money vas SS.'nS.2 p
1uildiO" associations advanced to mem
Lers $54. 100
County property continued in favo
as a Easis fCr loan security. bnn
~led1sd for an aggregate of Sots. R19. s.
Land H. the northwest was en- 1Imbcre
~ the extent Of S?2O.6Tn Tho ~o"ord =
loans in tho otNcr ciiv sections was
Northeast 81" 1e" l9' southeast. So1. 80
and southwest. $li225.