The Washington times., 1915-10-30
INCREASE SHOWN IN.
NUMBER Of REALTY
SALES IN OCTOBER
Volume Of Trading, However, Is
Slightly Below Record Set
Last Month.

The closing month has sustained the
reputation OF previous Octobers as an
exceptionally busy season for realty
trading. The month witnessed an In
crease of nearly 10 per cent over the
number of sales In September. The
volume Of trading. however. was slight
~ below the record for last month. The
months total Of investments, while ex-
ceiling the figures for October. 1914 and
cuualing the amount invested in Oc-
tober. 1913, was half million dollars
less than the investments for last Sep
tcmber.
Included in the total OF $50 transac-
tons completed this month were s73
,arceis OF real estate. During the
month the Investments In and loans on
real estate reached an aggregate OF
$4,000.
The last week made the poorest show
ing of the month. Only lIo sales were
Effected. involving l67 parcels OF real
estate. With the exception Of yester-
i; bout evenly distributed. Friday was
the banner day. having % sales: We'd
csday ranked second with q trades :
:. deals were concluded Tuesday, 10
. .onday, and II Thursday. Saturday s
lalf-holiday contributed II sales.
northwest In LeaO.
The northwest returned to the lead
OF the market this week. a position
which 1t has not held for several weeks.
That portion of the city was the scene
of the sale of ifty-hve lots. The out
lying suburbs and the noar-urban dis
trict ran a race Tor SC nd place. There
were a parcels changing o..ne.s In the
outlying suburbs and 43 lots transferred
nca.' 'er the old city limits. In the south
east l3 lots were conveyed, in the north
east g. and in the southwest 3.
Three OF the largest sales of the week
involved apartment houses. One, at
Nineteenth and Biltmore streets. was
purchased by Clarence +. Norment from
John w. Crabbs. The revenue stamps
and encumbrances on the property indi-
cate the selling price was 81 100.
The Ohio apartment. at 1895 Meridi.
mn street northwest, was the mex,
sale Of large consideration. Christi.
ana Miller conveyed the property to
Linnaeus s Savage for a price indi'
this sale Mr.. Savage transferred t,
William @. Miller a small apartment
ON Second street. near East Capito
ftrcet. two dwellings. one in thu
northwest and the other in thu
northeast. and tract Of land on tn.
.Nnacostia road. near Bannins road
Th" combined price of these proper
tics appeared to be @3.50o.
The third apartment sold durint
IT," weel; was the Nelson: a, 17a
price indicated at SO.0N. Edwin Johan
'nccht. Of Henrico county. Va. becam
the owner by deed from Daniel
rflaherty and others.
Randolph T. Warwick bought tn
business property at 1921 Pennsylvania
!""rue northwest Wednesday. TIL
building. occupied as dairy luncl
room. was owned by Arthur Neumar
,'he price was indicated at $500.
The son and daughter OF william
mother. Catherine Gass, all their in
tercst In their fathers property. MI
tiRss left testamentarv scrap Of pa
per written with IN indelible penci
but It was undated and had only on
witness. In the paper he sourht to cor
tn" paper was invalid as will tn
children have carried out their father
wishes by executing the deed to thei
mother.
from the figures Of the preceding weel
During the past SIX days loans on re'
estate reached a total Of s3s2, sos %. TIL
sum was borrowed on the security {
1'e lots at an average Interest rate {
6.S per cent.
Straight loans constituted more tha
two-thirds Of the weeks market. show
ing an aggregate Of S259, ,225. &c tn
ShuNding associations advanced to men
hers 81 $50. The sum OF all the note
civen for deferred purchase money wa
sl5.J19.57.
County property continued In fave
as basis OF loan security. belr
nlodged for an aggregate of $iSs. .7145
Land In the northwest was encumbere
N the extent Of $l25 SOS S. The recor
- loans in the other city sections wa
Southeast. s41.1oO: northeast. s19,025, an
southwest 5000