The Washington times., 1915-11-06
First Week in November Sees
1876 Deals, Involving 323
Properties.
APARTMENTS HAVE CALL
Transfer Of Colorado, at Price
Indicated as $4,000,
Weeks Largest Sale.

Realty trading for November opened
most satisfactorily. During the initial
week of the month the brokers closed
1885 transactions. in which were involved
323 lots and parcels Of real estate. An
advance Of nearly 20 per cent Is shown
over the number Of sales effected in
the closing days Of October. In the
volume Of trading the record of the last
six days nearly doubled that Of the
previous week.
Compared with the opening week Of
November. 1914 the last week exceeded
1t by two sales and In the volume OF
trading by lt6 lots The first six days
OF November, 1913. witnessed 13S sales,
involving 40 lots.
The weeks trading was rather evenly
distributed. the greatest activity being
displayed Wednesday. when thirty-three
trades were completed Monday ranked
second with twenty-four sales. Thurs
days and Fridays business was on
par each day reporting twenty deals.
There were nineteen sales each on
Tuesday and on the half-holiday OF Sat-
urday.
Trade In Suburban Realty.
More than half the volume OF trading
was In the outlying suburbs. where 49,
parcels of real estate changed owners.
The northwest was in second place, with
ifty-three lots to its credit. followed
closely by the near-urban district. where
ffty-one lots were sold. There were
seventeen lots conveyed In the north
east. sixteen in the southeast. and four
in the southwest
Apartment houses seemed to have the
call of the market this week, most Of
the transactions involving large con-
character. Several business places.
however, were sold. and at least two
tracts of suburban property brought
high figures.
The highest priced sale of the week
involved the Colonade apartments. at
1892 Vernon street northwest. For a
price indicated by the revenue stamps
and membranes at $4,000. Edward J.
Stellwagcn transferred this property to
William l.. Miller.
William ]. Kehoe invested $4,000 as
indicated by the stamps. In the purchase
of the property at 1860 California street
northwest. The seller was Harry Ward
man.
Purchases III Lots.
Elizabeth b. Kalbfus became the
owner Of the Wcstover apartments at
Twenty-fifth street and Pennsylvania
avenue northwest bv deed from Charles
II. Butler. The price paid Is indicated
at about $4,000.
The apartment at c0o and 2O4 + street
northwest also changed owners during
the week. william J. Brewer and wife
transferred the property to Nellie |.
Bradford. The price paid Is estimated
at $4,000.
Lewis p. Roberts purchased last Tues
day III lots in the subdivision known
as Manor Park from william NJ. Ter
rcll. The investment reached $4,000. 1t
is reported A tract of ten acres at the
junction of Rittenhouse street and
Broad Branch road near Chevy Chase
Circle was sold during the week by w.
Gwynn Gardiner to Fulton r. Gordon.
The consideration as indicated by the
stan yya
Among the business properties sold
during the week were promises iSi
Pennsylvania avenue northwest. bought
by d. Franklin Pyle from J. Irving
$4,000. For a similar consideration Leon
Tohriner sold premises l325 Fourteenth
street northwest to Mrs. Elizabeth Pitt
Premises 7l3. 7l5 and III North Capitol
street were bought by Henrietta Sachs
from Julius A. Maedel and Jerry J.
Dugan. trustees. The price paid was
5000. India f. Sanford invested s.OOi
in the purchase of house 9l3 New YORK
avenue northwest. Jesse L. Potbury
and l.. smith Raspin, trustees, were the
sellers.
The loan market for the initial week
Of November showed an advance oi
more than 100000 over the loans for the
closing week of october. The exact fig
ures for the past six days were AIl.'
"SSo@ This sum was borrowed on tho
security of 1916 lots at an average in
crest rate of 30 per cent.
Straight loans predominated with al
aggregate of s?37 $50. The sum of al
the notes given for deferred purchast
money was $l67.574.02 The building asso
Citations advanced to members $685.
County property was most favored n:
basis for loan security. being pledged
for a total of s25i.32l.O2. Land in thu
northwest was encountered to the cx
'"nt of sl17.s50. Tho record of loans II
the other CITY sections was: northeast
1887: southeast, S,6I5, and southwest
s'10o