The Washington times., 1917-04-14
LURE OF SUBURBS
AFFECTS TRADING
Nine Hundred Parcels Outside
Old City Limits Change
Hands in Week.

The lure of the suburbs was the
feature of the realty trading of the
second week of April. Exactly 900
parcels changed owners In the last
six days in the sections beyond the
old city limits. OF this number $50
parcels were in the outlying suburbs,
and so in the near-urban district.
Only 50 lots were conveyed within
the city proper.
While only six more sales were re-
ported this week than In the opening
days OF April the volume Of trading
increased four fold. A total of eS2
lots were transferred while only 2S9
parcels figured in the operations of
the first week of the month. An ag-
gregate of 137 sales were effected
this week.
The owners Of the Evans building
at 1920 New York avenue have agreed
to make partition of the property,
and Justice Hitz, of the District Su-
preme Court yesterday named Frank
6. Bright, trustee to sell the build
ing. The property Is said to be
worth about 5000, 900, and has an en-
cumbrance Of $225,Ooo on It.
Many DELINQUENT Taxes.
Neglect to settle for delinquent
taxes on real estate seemed to be on
the increase this year, according to
the report of the District Commits
sioners and Ben L. Prince, collector
of taxes, OF the number OF lots sold
for unpaid taxes. The report fled
during the week with Recorder of
Deeds Costello shows that $3.50 par
cells were sold this year, as compared
with $3.50 in 1916. The revenues of
the recorders office were augmented
by $650.16 by the filing of this years
report.
The Playhouse, at 1914 N street
northwest, was bought yesterday by
Mrs. Henrietta N. Halliday from Ed
ridge E. Jordan and George p. Eustis.
The consideration is not made public.
The property has attracted attention
recently by the. court proceedings for
an injunction to prevent dancing at
late hours.
Wednesday was the busiest day of
the week, with, thirty-three sales to
its credit The half-holiday of Sat
urday ranked second, with twenty
two sales. Monday, Thursday, and
Friday were tied, each having re-
ported twenty-one deals. There were.
nineteen trades on Tuesday.
Bulk of Trading.
The outlying suburbs furnished the
bulk OF the weeks trading. being the
scene Of the transfer of 800 parcels
The near-urban district was in second
place with hfty lots conveyed, fol-
lowed closely by the northwest, where
forty-six lots changed owners. There
were fifteen lots sold in the south
east, fourteen in the northeast, and
seven in the southwest
The loan market experienced q
slump. The exact figures OF the loans
Of the past six days were S530.693.30.
This sum was borrowed on the Sc
curity Of s46 lots at an average in
terest rate of 81 per cent
Straight loans had the lions share of
the weeks business with a total of
1871, 1888. The sum of all the notes
given for deferred purchase money
was $9s. .4S5.07. The building associa-
tions advanced to members S61 100.
The northwest retained its favor as
basis of loan security by a small
margin only. 1t was pledged for q
total Of $z35.1S5, while land in the coun-
try was encumbered to the extent of
s234.4S3.30. Loans on property in the
northeast reached 344,45o. and in the
southeast S16.575. No loan was re-
ported on land in southwest WASH
lngton.