The Washington herald., 1916-01-16
REALTY TRADING
SHOWS Increase
Nine More Sales Made Last
Week Than in Pre-
vious Six Days.
SEASON NATURALLY SLOW
Loan Market Has sl50.000 Gain.
Lima S. Baker Buys Tioga Apart
ment from Andrew Wilson.

Only. ninety-seysn deals were closed
by realty brokers in the District last
week This was an increase OF nine
sales over the first week of the new
year. A comparison Of these figures with
those of former years, however, shows
that dull market at this period Is NOT
unusual During the second week oil
January, 1915, only l02 deals. involving
40 lots, were closed; IN the second week
Of January, 1914, ISS sales, and in lsl2. lzo
transactions
tuesday led the week with twenty-five
deals closed, but not one OF the six Gays
could be called busy. Thursday ranked
second, with twenty sales; MONDAY ano
wednesday, sixteen each; Friday, thir-
teen, and the half day yesterday ten
transactions
Club Title Changes.
suburban property fell slightly from
the ghigh marks established during the
opening week of the new year, when
more than half the total OF the weeks
trading took place in those sections. Last
week less than half the activity was IN
8 those sections. The suburbs held the
lead Of the market. however. with ninety
one parcels changing hands Inc near
urban districts ran second win hIty-
three lots sold Thirty lots were con-
yeyed in the northwest, twenty-three IN
the northeast nine III lhS SSSh-'~'' -
seven southwest.
NTorv T PAaster acquired from Harriet
g turner a third interest in premises
12l4 F street northwest for SSj-JSi.S3' oaseo
ON a total valuation Of SloNOo0 for the
whole property. The title to the Joliy
Fat Mems Club, 933 d street northwest
was taken over last week by new rus-
tees The property was Gonveyeo
through Lula J. Gsilton to Emil Y.
S.hafer. Peter j. Nee. John J. Grar'
Fflyin II. Neumeygr and Michael G. Nc
CcrmicE.
Andrew Wilson. trustee. conveyed the
'rioea apartments. Eighth and F. streets
northeast. to Lima :. Baker. The stamps
indicate n consideration OF sS,JOo
Premises at lll5 Sixteenth street were
acquired by Henry W. SpriGGs from
CIarissa I Simnns. The consideration Is
aid to have been $1,000. Rebcckie Fleg-
man acquired premises at SIS d street
northwest from Barnett Cohen. The
price was not stated. William z. Ray
ner uurrhayed eight lots between Twelfth
and Thirteenth streets in Florida avenue
nOrtnClS. frO~l George Y. WoTthinston.
The pricr VS. stated at slc.To0. Emma
]. Walter took the title to premises %Hj
ava 20 Fourteenth street northwest
which was in tho hands Of trustees. The
consideration vas nominal.
Bids have b,Cn opened 10y 7. Goldberg
for the erection - - tTO-stOry depart
r,ent stCrc O. tIc northwest corner of
Seventh a-,1 y z.-rcts northwest. The
structure will b. Of tho same general
type as That OF the southwest correr ot
Seventh street md New York avenue
and viii be areproof. The cost Is csti-
mated a: $4,000. Rich and FitZsimmons
are the architects.
The Mourt Pleasant Garage Company
has secured n permit for the erection
OF a thrcc-stOry garage at 2424 Eighteenth
street northwest. Tho structure will have
a frontage OF frty feet and a depth OF
- feet. The venture involved aProXl-
El1tcIy Sic.OO2.
The -oan market unlike the realty
trading. recorded an increase Of $780,
GRO over the first week Of the new year
The exact amount loaned during the last
six days was $iJ4.3Sl.62. This sum was
borrowed on the security Of 22l lots st an
average interest rate of 81 per cent.
Straight loans dominated the market,
with 4 total Of 80, ,S5l g. Building asso-
Citations advanced to members $4,000.
The sum 81 all these notes given for
deferred purchase money was S4l.5Oo.