The Washington times., 1915-11-20
Expectations Of Capital Brokers
Exceeded by Business Dur.
ing Third Period.
142 TRANSACTIONS NOTED
Friday Rapidly Regaining Its
Prestige as Day for Closing
Of Most Sales.

Realty trading for the third week OF
November exceeded the expectations ON
brokers. The volume Of trading sur
passed the business OF the preceding
week by more than 10 per cent In the
number OF transa ctions the record for
the last six DAYS is only four sales less
than the number closed during the sec
ond week. which displayed the best busi-
ness since the early days Of October.
Involved I'm the weeks total of 1g
transactions were 272 parcels Of real
estate. In the preceding week the
brokers closed 1t6 sales involving 2A
lots. In the corresponding week OF 1914
there were 157 deals in which 1903 lots
changeds hands. The record for the
third week of November 1918. was l45
sales. involving $50 lots.
Friday Is rapidly regaining Its prestige
ae the day on which the largest number
OF sales are closed. Last week saw It
a days activity In 1915 and Yesterdays
record of thirty-nine sales was not far
behind the years high figures Of forty
six sales.
u Deals Thursday.
Thursday ranked second this week
with twenty-seven deals to It's credit.
closely followed by Wednesday with
twcnty-four sales. On Monday twenty
one transactions were completed and
eighteen sales were made Saturday.
Tuesday showed thirteen deals.
There Is no questioning the claim OF
the outlying suburbs for the supremacy
of the market this week. This section
was the scene of the sale Of 1913 parcels.
In the near-urban district sixty-four lots
were conveyed. In the northwest ffty-
seven lots were sold. Fourteen lots
were transferred in the northeast, nine
In the southeast. and five in the south
west
The most valuable property figuring
In the weeks transactions was the
Legal building at Eighth and G streets
the property to Mrs. Nellie I. Bradford.
The consideration Is not stated in the
deed but encumbrances on the property
A consideration OF nearly $4,000 Is in
volved In the purchase this week by
Clarence B. Hight Of twelve lots In the
Richmond Park subdivision adjoining
Cleveland Park. The property is at
Thity-ffth and Rodman street,
A feature Of the weeks trading was
the continued attention being given the
purchase OF land In the subdivision of
Petworth. David J. Dunigan bought
for s22,5oo n triangular square Of ground
facing Illinois avenue. Shepherd and
IaylOT streets. IL Is expected ne Will
Improve the property by the erection of
a row Of buildings.
Apartment Sold.
One OF the apartments transferred
during the week was the Wilton 1891
Seventeenth street northwest. Anne L.
hampton sold the building to 0earge
W. Marsh. The consideration u not
made public
Other sales closed during the week
included 1926 Fourteenth street north
west bought by Leo 3. Rose for 1000
and the property at Twenty-third street
and Wyoming avenue northwest. pur-
chased bv Mary S. Goff for price in
dicated by the revenue stamps at 81. 800
with the record OF the second week OF
November The exact figures for the
last six days are $500 1886. This sun
was borrowed on the security OF 33'
lots at an average interest OF 81 pei
cent.
Straight loans predominated. with ar
aggregate OF s34s. 1891. The sum Of al
the notes given for deferred purchase
money was S143146.06. The building as
sociations advanced to members $lls.1o0
County property WAS favored hiehl,
IS basis for loan security. helms
pledged for a total of s37S aS9 70 LanC
IN the northwest was en"umbered to thu
extent Of slG5. .2s1.l7. The record o
loans In the other citv sections Is
Northeast, s9s oao; southwest, &Is.750, anr
so,itheast $l2 A5