The Washington times., 1913-11-29
&ALTY TRADING
CONSIDERED GOOD
Fall Season, Ended Today, Is
Exceedingly Satisfactory to
Capital Dealers.

The fall season of 1913 in realty trad
ing closed today. While not SO active as
IN previous years. the business of the
last three months has beef regarded by
the brokers and others interested in
real estate as exceedingly satisfactory.
since September / the brokesr sue
reeded in closing 1913 sales of real es-
tate. During that time the total in
vestments in the purchase of and loans
IN local realty reached S11.3S5, 900.
In the matter of investment totals the
lsst month takes second place in the
quarters business. During the month
he working days of which ended today,
Investments aggregated s3, $500 These
figures show an advance of s2S5,O over
the amount of money involved in the
;ealty operations of October. They are
sSl5. 600 behind the investments of the
rirst month of the autumn period. The
Investments for September Iotaled
S4, 100000, and those of October amount
I'd to s., 800. .00O
While holding second place in the to-
ais of Investments, November, 1918,
,.ropped behind. the two preceding
months both in the number of transac-
tons effected and in the volume OF
,:ading. II the past four weeks the
.rokers closed $50 deals, in which were
involved 3Ss lots and parcels of real es
tate.
Biggest Cash Sale.
November trading has been particu-
iarly noticeable as including the largest
cash sale of residence property ever
recorded in local real estate. This was
the purchase by the Russian govern
ment Of the property at l125 Avenue
of the Presidents from Mrs. John Hays
Hammond for $350,O00 in cash. Another
Iarge sale recorded during the month
involved the Hotel Powhatan at Eigh-
teenth street and Pennsylvania avenue
northwest pu.,sSassd ,ssI Sc s, By w Virginia
also made on a cash basis.
The Thanksgiving holiday, which re-
duced the weeks working days to five,
was probably. the cause in large meas
brokers i'm the closing week of Noven-
Der. During the five days there were
recorded 10l sales of property in which
were comprised 1853 lots and parcels of
real estate.
wednesday was the only busy day
completed thirty-four trades. only. four
sales below the high mark for days
activity made this fall. Mondays work
was second best, although the brokers
Friday and Saturday were tied with
seventeen deals recorded each day:
Tuesdays business Was the dullest eof
the week, showing only fourteen sales
recorded.
There was a decided improvement in
the sale of property within the near
urban district during the closing days
Of The month. As -esult of this ac-
tiyity that district led the market with
sixty-eight lots conveyed. The outlying
suburbs were in second place having
thirty-two parcels to its credit. The
northwest ranked third, beating out the
northeast section by only one sale. The
former han twenty-three lots trans
ferred and the latter twenty-five. Six
teen lots changed owners in the south
east and two In the southwest
One of the principar transactions of
The last week was the sale of the office
building at 6d2 F street northwest,
known as the Hood building. Joseph
FeIrero sold the property TO Alfred =:
Leyburn. The consideration is not
made public.
Apartment House Sold.
Among the apartment houses fisur-
ing in the weeks business was the
Yorkshire at l75s Columbia road. The
building is one of a row of apartments
commonly called the Shires. Sidney
Bieber bought the property for about
so 900 from Frank L. Evans.
The abbreviated week also left its i'm
print on the loan market where the
figures dropped to S32S, ,685.75. This sum
was borrowed on the security of 12i
lots at an average interest rate of sc
per cent.
Straight loans had the lions share of
the weeks business, showing an aggre-
cate of S2lS, 760.75. The sum of all the
notes given for deferred purchas< money
was s6s.s4 The building associations
advanced to members s+0, 800.
County property won out in the con-
test for supremacy as loan security be-
ing pledged for an aggregate of SIS6,-
2o5.75 in loans. Land in the northwest
was encountered to the extent of Sl16 SOC
The record of loans in. the other city
Secfions Uas- Southwest 80 on. ,,o-+b