The Washington times., 1913-12-06
WEEK SHOWS MANY
. REAL ESTATE TRADES
Activities in December Greater
Than in Any Period Since
Last Spring.

Marked Improvement is shown in real
estate activity in the initial week OF
December. One of the opening days
of the month set a new high mark for
a days selling during several months,
the number of sales being seven more
than was recorded in any one day
during the summer or fall trading. The
reviewer is forced back to the spring
season to find greater activity displayed
by the brokers during a single day.
Last Wednesdays high figure has been
surpassed only two or three times
during 1913
The closing of forty-five deals
"Wednesday aided materially in swelling
the weeks total of transactions to $50.
This is a larger number of sales than
was reported in any of the last six
weeks and shows an advance of 90 per
cent over the activity of the closing
week of November.
On only two other DAYS were the
brokers fairly busy this week Tuesday
witnessed the completion of thirty-two
sales and Wednesday saw twenty-four
trades effected. Nineteen deals were
reported on Friday, seventeen on Sat
urday and thirteen on Monday.
The volume of trading during the first
week of December also showed an ad-
vance over the business of November-
Included in the $50 transactions of the
past week were 2s9 lots and parcels OF
real estate.
Suburbs In Lead.
The outlying suburbs remained In the
lead of the market this week IN the
number of parcels conveyed. They had
not, however, the margin of advantage
displayed last week. \ total of ninety
parceIs were conveyed during the past
six days in this section. The near
urban district was in second place with
seventy-three lots transferred, followed
by the northwest with sixty-four lots
sold. There were thirty-one lots changed
owners in the southeast section ana -
in the northeast Eleven lots were sold
in the southwest.
The largest transa action of the week
involved a consideration of S1l4.OO0. Al
this price Alexander Schaper purchased
the Beacon Apartments, at the corner
of Calvert street and Adams Mill road
The property had been sold at auction
and was conveyed by trustees,
The property at 12GI New York avenue
northwest was bought this week by
Achille Burlllin. proprietor OF the Lerch
cleaning establishment for sl2.10o. Al
though only a frame structure mucn IN
terest attaches to the property as the
site of a candy and toy shop for more
than sixty years in the family OF Mrs |
ADpolonia StuntZ. to settle whose estate I!
the sale was made
Lincoln Bought Candy.
During civil war times this little
candy shop often was visited by the
sons of President Lincoln. 1t was there
that they bought, candy. marbles, tops
and other TOYS President Lincoln often :
visited the store with his sons. 1t was
the closest toy shop to the White House
and accordingly was more frequently |
visited by the President sons than any /
other store of the kind. Few changes
have been made in the store cince the |
days of Lincoln The frame structure
presents about the same appearance IL
did then -.
Wednesday the property at 40 seven
Ieenth street northwest for sl9.s1.
The land was sold at auction oy WE
liam J. Flather and others as trustees
ed of premises III Fourteenth street
northwest. Edna L. Clapp bought TINS
property from Anne +. Mcqueen. Ine
price paid is not made public:
Among the sales OF hiSh-prlced resi-
dences recorded during the past Week
were 1878 Massachusetts avenue north
west. bought by Joseph ]. Darling oon
from Mrs. Elizabeth Humphreys: 1I,S
i street northwest. sold 70 Frederick
il. Brooke for S26.6SO by the American
G'tNuI-ls anu lIhSl NDhlIdHSs Ap''
Rhode Island avenue. acquired by
Harry A. Blessing Nominal considera-
tions only are given in the Darlington
and Blessing deeds.
Pierce Buys Home.
The Rev. Ulysses G. i. Pierce chap
lain Of the United States Senate and
pastor of All Souls Church, Tuesday
bought = new home at 174S Lamont
street. The propert.y had belonged to
Mrs. Laura NJ Dixon. The considera-
Iion Is not stated
An advance Of nearly 30 per cent is
shown in the loan market this week
over the figures for the closing week OF
November. The exact figures for the
l'ast six days are 1881, SSH This sum
was borrowed on the security of 1TS lots
at an average interest rate of 56 per
cent.
Straight loans constituted the bulk of
The weeks business. Loans of this
character totaled s3G9.6O5.l6 The sum
of all the notes given for deferred pur-
chase money was SS2,177.9S Building
. associations advanced TO members,
$40 100
Northwest property was most favored
1: a loan basis. being offered as secIr-
Ity for an aggregate of S23S. .525.6. Cour-
~ property was encUmbered to the ex-
lent Of Sl97 The record of loans
IN the other city sections was: Soutl.-
East. $50: northeast sl4,2DO, and
southwest $3.50.