The Washington times., 1911-10-14
RECORDS SMASHED
IN WEEKS SALES
OF REAL ESTATE
Entire History of Dealings
in the District Is
Excelled.
NEW FIGURE MADE
FOR DAYS WORK
Fifty-fve Transactions on Tuesday
Last Exceeds by Four Sales of
Former Banner Day.

All records for activity In real es-
state operations in Washington were
smashed this week. During the last
six days there were closed "a trans
actions. exceeding by eighteen the rec
ord for weeks business in the entire
history of realty dealings In the District
of Columbia. The second week In Oc-
;. tober was, indeed, a record breaker.
Not only was the weeks record shat
tered. but Tuesday, October 10, hung
up a new figure for a days activity.
when d total Of fifty-five transactions
were recorded. This new record for a
day exceeds by four sales the total
reached on June l6, 1911. which has
heretofore held the palm for days
work among the brokers.
The office of the Recorder OF Deeds
was deluged with papers offered for
record. and klthough no papers are
accepted aftay3 p. m, there was scarce
" a day this week when 1t was not an
hour later before the last paper reached
the index clerk. Never In the history
OF the office has so many papers been
recorded in one week. Deputy Record
or Dutton stated today.
Many Papers Filed.
As.S~
week reached the aggregate Of 6S1.
Rarely has II been known In the office
that six days in succession have sus-
tained an average~of 100 papers, while
this weeks daily average Is more than
113.
marked increase in the number Of
lots and parcels Of real estate involved
in the operations. is noticeable In the
<ata - lAfo
transferred this week, an increase Of 14l
over the volume Of business for the
first week in October.
County property continued in greatest
demand, and both the outlying sections
and the near-urban district excelled any
section in the city proper. in the num-
ber Of lots conveyed. The suburban
section had a lead of over 100 lots,
showing a total Of 178 parcels sold as
compared with seventy-two lots sold In
the nearby section.
The northwest was in the van Of the
city divisions. with sixty lots changing
owners. There was q boom in south
west property. which brought that Sec
ton to tie with the northeast for
second place, with twenty-nine sales.
The southeast was not far behind, there
having been twenty-six lots conveyed
there.
The Coco Cola Company. which is to
erect an apartment house at Massa.
chusetts avenue and North Capitol
street, facing the plaza. and directly
opposite the site of the new city post
office, increased its holdings this week
bv the purchase of an additional lot on
North Capitol street, having frontage
of eighteen feet. The lot was bought
from Annie c. Burns. but the considers a
tion Is not made public.
Money Market Declines.
The phenomenal business In the sales
department was not shared by the
money market this week, where de-
cline Of $4,000 is noted from the figures
Of the first week of the month. The to-
tai borrowed on the security of 353 lots
was $iSI oo6.S3. The average interest
rate war g per cent.
Straight loans did not show the usual
preponderance in the market. although
leading with a total Of &2T, ,016.89. De-
ferred purchase money notes reached an
aggregate Of $50. 1884, while the output
of the building associations amounted
to S9390O.
County property was encountered for
the largest amount this week. the total
being $297, ,3131S. Owners Of northwest
property demanded Of tho market $3O,
459.75 The totals of loans in the other
sections were: Northeast, $N.91890;
southeast. s13.7sO; southwest, A.725.