The Washington times., 1913-02-01
Brokers Close 456 Deals, In
volving 1896 Lots, in Past
Month.
TRANSACTIONS LARGER
THAN IN PREVIOUS YEARS
asst Week Poorest of Four
From Viewpoint of Number
of Sales Effected.

1.-THE total OF -ESestmeEts in the pur-
8hase OF and loans on S,sStcI ~. -
ate in January was sS,So0,er. "s-
Srokers succeeded in closing 456 deals
Evolving 1855 lots and parcels of real
ftate. - -sr
sThe volume of trading last month ez-
@eded that of January. 1872, the banner
Solder for an initial month of the year
6-the history of loca! realty selling. by
$B lots. There was a distinct falling
df in the number of sales made as COM
Iared with January. 1872. The latter
has nearly 200 more transactions to its
4 edit. The total investment also is be-
Aw that Of January, 1872
1.-THE same conditions are presented
then a review OF the, bushes of the
onth just closed is compared with the
&pening month Of the calendar year 1871
The total Investments are about on
Bar. while the volume of trading eX-
Seeded that Of January, 1911, by $40 lots,
1he number of sales in. January. 1911.
surpassed the past months business BIZ
t5.
Deals Are Larger.
tine logical inference to be drawn from
the comparisons is that the brokers.
Shile closing fewer transactions during
fhe last month than in the correspond
fg period of the preceding two years,
kave handled deals of greater magni-
tsde. The purchase of single lots only
tas decreased. The business OF. the past
month has been regarded by the bro!x-
Srs Is satisfactory and the inquiries that
pave been received would indicate an
farly and lively spring business.
4 The last week Of January was the
Poorest of the month when judged from
Die viewpoint of the number of sales
Effected. In the volume of trading il
pok first rank among the four weeks
n January. The investments of the last
eek also reached the lowest figure for
,e month, During the declining days
y January the brokers closed III trans
tetioRs in which were involved 81 lots
tnd l'arcels of real estate
4 The transfer by Senator Clark Of
Montana of his extensive holdings in
Fly View Heights on the Bladensburg
rqaa 10 sthe Ray4nswood Company ma
teisily aided the near-jl urban. district in,
A.fots1 OF T6ze los were Transferred III
tnfs section. The outlying suburban
district was in second place with fifty
one parcels conveyed The northwest
LED the city stations having thirty-eight
lots changing owners. There were III
lots transferred in the northeast; six
IN the southwest, and five in the south
east
Important Deals Made.
Several important business proper
ties figured in the weeks record of
transfers. Samuel H Styles, Rich
mond investor, bought the store at 1900
E street northwest, from the Widmayer
estate The deed does not disclose the
consideration for the transfer. but the
price is reported as a record one for
real estate in that immediate neighbor-
hood.
Abraham h Bolick, of Pennsylvania.
was also among the out-of-town inves-
tors to buy local realty. He secured
premises 4S4 and 4SS Louisiana avenue
northwest from Samuel E. CornweT.
Nj. Cornwell bought the property from
Thomas II. Pickford.
The Commercial Hotel. at Seventh
street and Pennsylvania avenue north
west was purchased by the National
Capital Brewing Company from Bessie
L. Brown. 1t will be held as an invest
men
Frank Walter added to his holdings
Of valuable business property during
the week by acquiring premises lilo
and 1112 Fourteenth street northwest,
Just south of the Portland apartments
and running through to Vermont ave
rue. The price paid is not stated, but
the property is encumbered to the ex-
ten OF S65.00e. - -
Figures As Seller.
Mr. Walter also figured as a seller by
to James H. Cooley the prop
erty at 1896 and 1893 V street northwest.
John Poole, president of the new Fed
eraI National Bank, has purchased valu-
a able property on Woodley lane, in Wood
ley Park. He also sold his former home
at lI01 y street northwest to John II.
who resold the property to
W. Power.
In the loan market the past week also
figures for the week We're $3Ji, 49, a.
cf 1L3 lots at an average interest rate of
~ per cent.
Straight loans again led the market,
with an aggregate of sss4,59i.S6. The
sum OF all the notes given for deferred
purchase money was S66,Ocl.2S. The
building associations advanced 10 MEM
bers s20,7J0.
County property appeared the most
favored as a basis for loans this week.
Land in this section was encumb"red
10 the extent of Sl91 0S1.15. Loans on
property in the northwest totaled
sl1s,$I9. The record OF loans in the
other city sections was: Northeast,
so, ,lsS.s9; southeast. ;1l75G, and south
west, si,Ge