The Washington times., 1914-11-21
TRADING IN REALTY
SHOWS BIG INCREASE
Weeks Transactions Total 157
Sales, Making Increase OF
so Per Cent.

The rally in reality trading preolcteo
In The Times last Saturday peSah
promptly on Monday and reached lts
height on Wednesday. when in CLOSING
ithirty-nine transactions the brokers ueo
the high mark for days activity since
July. The weeks transactions footed up
total Of 157 sales. maintaining a daily
average of twenty-siX trades. Inc
business of the third week of November
shows an increase of nearly 80 per cent
over the trading for the second week oi
the month.
The quality of the trading showed as
much Improvement this week as did the
quantity of business. With the cIosiIls na
Of the sale of a residence at S'o,Vv
and Of at least five apartments, TWO VI
which exceeded $4,000 in price ana one
brought $4,000, the trading OF the pas.
week takes a high place in the reco[u
for fall trading this year. 1t IS douo.-
full If SO many high-priced transactl0l,s
have figured in a weeks business this
fall.
An increase of IS rei cent Is notlce-
able in the volume Of trading durins
the PAST six days over inc hsulve no,ved t
the second week Of November. ln'olseu
in the trading Of the past week "ele
800 lots and parcels of real estate;
4 boom in northwest realty trading
put that section in first pace Ihis
week with a total of eighty-elsht iots
conveyed. The outlying suouros ranheu
second with sixty-five parcels chans-
ing owners, followed closely oy tne
near-urban district with fiftySeven lols
transferred There were th.rtyeleht
lots sold in the southeast, thirty-slx IN
the northeast, and nineteen In the
southwest.
The property at 1915 Massachusetts
acf u-h fOrmerlv
longed to Eldridge E. Jordan. was
transferred this week to Emily b.
Michler. The residence was sold at
auction recently and bought in Tor
$4,000 by Samuel Maddox, attorney Tor
the purchaser. The house contains
brownstone and buff-colored orlck con-
struct:on.
One OF the Wardman apartments In
r street northwest, between Fourteenth
and Fifteenth streets, was SOLD Inls
week to Clarence F. Norrnent. The
consideration is not stated. but the
transfer was subject to a trust for
$50 Mr. Norment also purchased
the Prince Charles apartments at 1907
and 1909 Thirtieth street northwest, but
later conveyed the property to Harry
Wardman and Thomas Bones.
Mrs. Florence E. Whitford. wife OF
Attorney Georoe l.. Whitford. sold last
L
and 1909 Fourteenth street northwest,
for $4,000. The purchaser is Jacob l..
Shappirio, who gave a purchase money
trust for soc on the Lowell and trans
fcrred to Mrs. Whitford. as trustee, the
business property at 344 pennsylvania
avenue northwest and his equity in
three frame houses on NJ street south
east, between Sixth and Seventh streets.
Another apartment figuring in the
weeks transfers was the Wilton at 1881
Seventeenth street northwest. Carrie T.
Jones sold this property to Jennie G..
Graham. The price is not stated. The
Park View apartments, at 6l0 Irving
street northwest, also changed owners
this week. August Simonpietri conveyed
the building to Richard S. Wolfe at a
nominal consideration.
The Exchange Bank Of Washington.
d. c., acquired title to the property
which is occupies at Twentieth street
and Pennsylvania avenue northwest
E. Olivia Johnson was the seller. The
price is not made public.
The loan market showed an advance of
more than $4,000 this week over the
total of loans reported In the second
week of November. The exact figures
for the past six days were 1856. SO
This sum was borrowed on the security
Of 1873 lots at an average interest rate Of
So per cent.
Straight loans assumed the lead Of the
market WIN an aggregate Ol Sloo.S3USl.
The sum Of all the notes given for de-
ferred purchase money was $10l 1863. 9S.
The building associations advanced to
members $96c50
County property continued in favor as
basis for loan security being pledged
for an aggregate OF s1S0.5169S. Land in
the northwest was encumbered to the
extent Of $I05. .59325. The record of
loans in the other city sections was
southeast. $50, ,453: northeast, $50. 1866. .66,
and southwest $16,081.