The Washington times., 1913-10-25
REALTY MARKET
. SLACKENS PACE
Selling This Week Drops Be-
hind Record - Havemeyer
Tract Conveyed.

Realty selling during the past six days
did not keep pace with the activity of
the preceding week in the matter of the
number of transactions effected. The
record for the week just closed shows
thirteen sales less than the lumber re-
ported in the second week of October.
As compared with the initial week of
the month. however. the past week dts
plays an advance of twelve sales. The
first week of October the brokers closed
l42 deals, last weeks record was 1GI
and in the past six days Isl trades wer.
CoIsummated.
While exhibiting a decline in the MUM
her OF deals put through. the volume
of trading during the week closing to-
Gay is nearly 90 per cent In advance of
the business Of the preceding six DAYS
Included In the total of 154 sales this
week were AGA lots and parcels of real
estate.
The pas: week also witnessed the
equaling of the months high mark for
a days selling. On Monday the brokers
closed thirty-siX sales, which business
corresponds in amount to the record for
october ]. Thursday was the next best,
day OF the week, having twenty-eighI
sales TO its credit. There were twenty
six trades reported on Wednesday and
twenty-four for Friday. The record for
Saturdays half-holiday was twenty
three deals, while trading reached its
ioNesi cop on TUESDAY, with seventeen
sales effected.
SIoo.ooo Highest Price.
The largest consideration mentioned
in any deed curing the week was 500, ,Oco.
This price was secured at an auction
sale Of 1SS acres of land across the East
Elm Branch. or Anacostia river, adjoin-
ing Overlook Inn. The property was
conveyed yesterday by the National
Ga N-inps
70 William Duncan Butler. jr. of New
York. The land is usually referred to as
fhe Havemeyer tract. from the fact that
The New York sugar king spent much
money In an effort to exploit the prop
While the outlying suburbs furnished
the transaction of the largest consid-
Grafton, they also furnished the bulk of
the weeks trading. Within this area
during the past six days 271 parcels of
real estate changed owners. The near
urban district ranked second. with fifty
seven lots conveyed. There was but lit
tie Improvement this week in the de-
mand Tor property in the northwest:
thrty-seven lots only were transferred
there as compared with thirty-six lots
In the previous week. The northeast
ana southeast were close competitors
the former winning with a record of six-
teen in the southeast There were nine
lots sold in the southwest
Seventh Street Building Sold.
Among the important sales of the
week va sthe property at 7O5 Seventh
street northwest This business building
was bought b. Frank H. Hinckley from
Mathilda C. Kloeppinger. The consider
alton is not made public
Thomas w. Stubblefield took title this
week to several properties on upper
Fourteenth street. Included in convey
2Ol5i9, and 2017 Fourteenth street north
west. The object Of the purchase has
not been announced.
The Terminal Real Estate Company
expended 81. 600 in the purchase of prem
ises 3l4 H street northeast The prop
erty was owned by Mary E. Allen and
others.
Among the apartments figuring in the
weeks record Of sales was the Binney
at l40s Girard street northwest. Jacob
s. and Rose Gurevich acquired this prop
erty yesterday from the Binney apart
ment House Company. The considera-
ton named in the deed is nominal only |
A sharp decline is noted this week in |
the loan market, as compared with the |
record for the preceding six days. The |
exact figures on loans recorded were |
$3i7, ,23l.3S. This sum was borrowed on |
interest rate of 81 per cent.
Straight loans were far in the lead of
the market this week. showing an ag-
gregate of SO, ,E4.50. The sum of all the
notes given for deferred purchase
money was So, 1883. Building assocIa-
tons advanced members $53, coo.
County property played the stellar role
In this branch of the realty busines.
also. being offered as security for a
total of sl97, ,S4z 50 IN loans. The north
west ranked second with s79, S. TO its
credit. The record of loans in the other
city sections was: Northwest, $l9, 400;
southeast. SO, 80: southwest. $50