The Washington times., 1913-11-01
OCTOBER REALTY
DEALS s3,5OO,OOO
Volume of Trading Exceeds
That Of Same Month OF 1912
by 600 Lots.

ing month in recent years as a par
ticularly busy period in realty opera
tions. AS regards the number of sales
made during the month just closed
when compared with October. 1872, a
decline of IS per cent is disclosed. In
the matter Of investments october,
1912 was more than s3,000,0o0 in ad
vance Of the total amount of money
expended last month in the purchase
Of and loans on local real estate. The
months investments are identical In
toel with those of October, 1910.
The transfer of the Southern build
ing at Fifteenth and H streets north
west at q valuation of $4,000, 900 In
October 1912, had much to do with
the large increase of investments In
that month. With this amount de.
Quoted the investments Of the past
four weeks make a more credita bic
showing. The past month has been
devoid of sales of enormous consid-
GRAFTON, the largest sale involving
only 100000 and but few exceeding
a consideration of 100000.
In the volume OF trading, however:
last month excelled its competitor OF
1912 by nearly 500 lots. Compared
with October 1911 the month shows
a gain of nearly 45o lots. Turing the
four weeks Of October 1878 lots and
parcels of real estate changed owners,
Investments S3,5oo,ooo.
The total investments in the pur-
chase of and loans on local real es-
tate in October 1918 reached s3.5oo,ooo.
During the month the brokers ef-
fected 6is transactions.
The business Of the last SIX days
has been about on par with the
activity Of the third week OF the
month. In the number of trades con-
sumated the last week OF October Is
one short Of the record OF the pre-.
ced.ng six days. The brokers closed
Iss deals this week in which were
involved 259 lots and parcels of real
wednesday was the best day of the
week. On this day the brokers recorded
thirty three sales completed, being only
three sales short Of the high mark FOR
q days business reached during octo-
Der. Trading for yesterday was only
one sale behind Wednesdays record
Thursday saw twenty-five deals record
ed and twenty-four were completed on
Tuesday. Mondays business totaled
twenty trades and on Saturdays half-
holiday nineteen sales were effected.
The outlying suburbs did not over
shadow the other sections this week In
the number Of lots transferred as has
been the case recently. This section
however, predominated in the week
business, showing an aggregate Of nine
ty-sfx parcels conveyed. The northwest
experienced a decided Improvement In
sales, total of sixty-eight lots beins
there transferred. The near urban dis
trict was in third place with fifty-fivt
lots sold. There were twentysix lots
changing owners in the southeast The
northeast and southwest were tied for
the "cellar-championship this week
each section reporting only seven lots
sold.
Largest Transaction.
The largest transaction of the week
was reported yesterday when the sale
Of the Parker apartments at Park Road
and Avenue OF the Presidents was re-
corded. The purchase price was 81. .ooo
subject to a trust Of s65.oO. Joseph A
Burkart as administrator of Mrs. Olive
3. Parker conveyed the property tc
there transferred. The near-urban. dis
highest bid at an auction sale Of the
property. An attempt was made to pre-
vent the ratification of the sale by the
court but 1t met with failure. Mr.
Hope then transferred a half interest &c
his wife and the title now stands in the
names Of William Hope and Katherine
@. Hope.
Senator Furnifold NJ Simmons, Of
North Carolina, chairman of the
Finance Committee of the Senate. yes.
terday purchased for a home the prop.
erty at 36l2 Macomb street northwest
The house IS in the subdivision known
as Oak View adjoining Cleveland Park
The consideration is not made public.
Other interesting sales of residence
property made this week include
premises se7 Farragut square, sold by
Louis de Sibourg to Renee T. Davis
The price paid IL not stated. William
A. Hill yesterday purchased a residence
on the east side OF New Hampshire
avenue between P and Q streets from
the Washington Loan & Trust Co, tol
S2s, ,0oo
Among the apartments changing own.
ers during the closing days of October
we're the Nottingham. at z124 P street
northwest and the IvanhOe. at 1T!
Ninth street northwest. The former
was bought by Robert o. Holt and the
latter by Charles M. James.
Loan Market Advance.
The loan market displayed an advance
OF SO. coo over the business of the pre-
cedinR six days. The exact figures fol
the last week of October were 1856. 473 81
This sum was borrowed on the security
Of 1S2 lots at an average interest rat,
of Sc per cent.
While predolninating. straight loan
margin. The aggregate Of such loani
vas slss, As The sum of ali the note
given for deferred purchase money wa
Sl45.66s.4. The output of the building
associations reached sfI.s50.
County property was far in the leat
as loan security this week. showing
total encumbrance of sos, ,oo3.34. Prop
erty in the northwest was pledged 70
a total Of Sli3.5l5 The record OF loan
in the other city sections was northea st
$3.50; southeast. s1l.s75. and southwest