The Washington times., 1914-10-31
BUSY REALTY MONTH
SHOWN FOR0CTOBER
otaI investment in Purchases
and Loans on Property Is
100000.

octobers reputation as an exception
6 lv busy month In realty trading was
aintained this year. During the month
ding today the brokers closed GA sales
/: I'd made a daily average of twenty
ur transactions. Involved in the
; onth's activity were 1.4sO lots and par
C",s OF real estate.
The total investment in the purchase
Q and loans on local real estate during
October. 1914. was 100000. This sum
s lows a decline of $4,000 from the ag-
p-egate invested in october Of last
year. but this difference was nearly all
i1cluded in a sale of a 100000 office
b Hiding in October. 1913. No sale Of
lch magnitude was closed in the pres
cat month, the highest priced sale Of
the past four weeks being 100000. Most
Cf the transactions Of the month were
o' medium priced properties.
The months business shows an ad-
'ance of twenty-seven sales over the
iecord for october. 1918. In the volume
@ trading the past month fell behind its
PREDECESSOR OF last year.
Largest of Month.
The last week of October has the
distinction OF furnishing the largest
transaction of the month, although fits
record OF business makes the poorest
showing of the past four weeks. Dur
;lg the last six days the brokers closed
only 134 transactions, in which were in
Nolved 204 lots and parcels Of real es-
tate. 49,.
The outlying suburbs retained the lead
OF the market, showing even O. gain of
Is parcels over the record of the pre-
ding week within this area. A total
@ eighty-seven parcels changed own
o-s. The near-urban district was IN
FHcond place. with forty lots trans
erred. followed closely by the north
vest, withs thirty-one lots conveyed.
There were twenty-five lots, sold in the
southeast, sixteen In the northeast, and
ght in the southwest.
fhs rumored sale Of business prop
e-ty In the Fifteenth and H streets sec
ton at a price said to be in the neigh
torhood of slto,oo became a reality on
ednesday, when deed conveying
IHemises 1910 H street northwest was
placed on record. The purchaser Is Syi-
ester w. Labrot, who bought from
-r. Henry H. Hazen. The property.
,yhIeh is under rental to J; N: Gliding
seven feet and depth OF Ii feet, and
.s improved by a four-story building
s-ranFed for store purposes. The front
e OF rough tapestry brick, with glazed
IRA Gotta trimmings. - .
Consideration of $685. ..-
The next most important sale of the
eek involved a consideration OF sS1. 900.
At this price the .vestry of st. Andrews
parish conveyed the church property at
Fourteenth and Corcoran streets to the
'rustees Of John Wesley A NJ. E.
church. =.
The Peoples Mutual Benefit Insur-
: nee Company invested $4,000 in the
rchase of premises 1872 Pennsylyania
avenue northwest, which runs through
70 d street, and is also improved by
house l22s D street northwest. The
property was sold by W.. Fred Holtz-
man, who recently secured II from
Stone q Fairfax. The latter took over
the property few weeks ago in con-
lection with trade involving 5o2 and
i4 Eleventh. street northwest. The
I'urpose OF the insurance company as
q the use OF Improvement OF its pur-
Chase has not been disclosed.
Charles F. Winbigler and Adelia o.
Nrtnbigler purchased during the week
The property at sos z street northwest.
belonged to the bankrupt estate Of
.'ohn II. Nolan and was conveyed by
Is trustee. Bates Warren. The price is
ryt stated in the record.
Sold By Conway.
The president and directors OF Con-
sra College added to their holdings OF
salty IN that vicinity by purchasing this
"a eek premises, % K street northwest
homaa Conway was the seller
The loan market also reflected the
'veeks decline in trading. The exact fig
u-es in the loan market this week were
h: 5.253.l4. This sum was borrowed on
y, e security OF ls2 lots at an average
.Ttcrest rate OF 81 per cent.
Straight loans predominated with an
gSresate Of S142 4S1.50. The building
rssociations advanced to members $64,-
70. The sum Of all the notes given for
,eferred purchase money was $4S,301.6 "a.
county property continued to find fav-
'- as basis for loan security. being
edged for a total Of S122,154.36. Land
q the northwest was encountered to the
"Etent Of $50 ,347.7s. The record of loans
= the other city sections was South
- est, s3e.sss: southeast, $2l,660, and
J-1heast, Sl5,<03