The Washington times., 1917-06-23
MUNICIPAL COURT
SELECTS new Home
Arrangements Made to Lease
Chauncey Building.
OTHER REAL ESTATE NEWS
Valuable Residences Sold During
Week-l4S Deals.
OTHER REAL ESTATE NEWS

The Municipal Court OF the District
The business Of this tribunal has out
grown the present quarters, and ar
engagements have been made to lease
the Chauncey building at 321 and 323
John Marshall place for the accom-
mediation of, the Municipal Court
judges. John F. wilkins purchased
the building this week from Herbert
A. Gill. and. 1t Is said, will expend
$4,000 in remodeling for court pur-
poses. The price paid by Mr.. wilkins
for the property Is not made public.
Louise N. Emmert invested Ss1 800
this week in the purchase OF an
apartment at Columbia road and
Wyoming avenue. She bought the
property from James J. Becker and
John d. Coughlan. trustees.
The District Of Columbia expended
s2.T50 in the purchase of a lot at
ThIrteen-and-a,half and d streets
southwest. The title was In Charles
A. MuddIman and Joseph N. Russell,
trustees.
Valuable residence properties sold
this week included premises, 17os P
street northwest, bought by Laura F.
and E. 3. olney; 1903 s street north
west. acquired by Robert H. Mcneil:
PISA Florida avenue. sold to Mar
garet NJ. Stewart, ana premises 1903
street, bought by George A Pre-
vost.
Realty trading continued to be ac-
tive during the third week of June.
Forty-one more lots were sold during
the past six days than were reported
in the preceding week The number
OF transactions. however. displays a
slight decline from the high figures
OF the second week of the month.
The brokers this week completed 14S
deals. in which were involved 2TS lots
and parcels OF real estate. In the
previous week ISL sales were made,
but only 237 lots changed owners
Tuesday was the banner day OF the
week, with thirty-four sales reported.
This Is the second best showing for
"a single days activity this month.
being only one sale behind the record
established June IL. Wednesday was
In second place with twenty-nine
deals. followed by Thursday with
twenty-five trades. There were
twenty-one sales recorded on Monday
and twenty on the half-holiday of
Saturday. Only nineteen deals were
effected on Friday.
Boom In Northwest.
There was a decided boom in north
west property. causing that section
to attain the supremacy OF the mar
ket with 121 lots conveyed. The out
lying suburbs were in second position.
being the scene of the transfer Of
eighty-six parcels. The near-urban
district ranked third. with thirty
seven lots to its credit. There were
fourteen lots sold in the southeast,
twelve in the northeast, and eight in
the southwest.
Loans fell of over 80 per cent this
week from the record-breaking busi-
ness OF the second week OF June The
exact figures in the loans of the past
six days were $5O5. This sum
was borrowed on the security OF 21s
lots at an average interest rate of SIS
per cent
Straight loans had only a slight
shade over the purchase money total
this week The former aggregated
S219,O92l5. while the sum OF the
notes given for deferred purchases
was S2I5.433.34. The building asso-
Citations advanced to members ST1.20O.
Northwest property continued in
favor as a basis for loan security. be-
ing pledged for a total of $3.50 90S.34.
Land in the county was encountered
to the extent OF $19T.T33.T1. The rec
ord OF loans in the other city sections
was: Northeast. $3T. $50 %; southeast,
$I4,552. so, and southwest. $4.S50.