The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1916-11-04
OCTOBER BEATS ALL
RECORDS FOR YEAR
IN REALTY TRADING
Brokers Close 1872 Transao-
tons, Involving 1926 Par.
GELS, During Period.

October was the busiest month OF isis
In realty circles. The brokers closed 10
transactions involving las parcels OF
real estate. Tho total invested In the
purchase Of and loans on local realty
was 81. $4,000
The record displays decided Increase
over the business OF September. 1915, and
over that Of October, 1916.
IN september the brokers completed
total Investment Of =. 5oS co. During ,ls z 90.
tober, 1915. sales reached $50 in number
and only S73 in volume. The invest
ments for October. 1915. totaled s250o,ooo.
apartments at $3.50. 600 Fontanet Courts
at more than $500. 900, the Executive
apartment at nearly $4,000. and q
rreeord-breaking price OF $50 per square
inhortnwest. October took high rank for
the QUALITY Of the real estate conveyed.
New Record for Week.
new record for a weeks activity in
ran trading was established during the
last six days. The brokers completed Ise
deals maintaining daily average Of
thirty sales. Involved in the weeks
trading were $50 parcels.
tuesday was the banner day, having
thirty-nine sales to its credit. Monday
ranked second. with thirty-three deals.
followed closely by Fridays showing OF
thTty-two trades. On Thursday the
Saturday half holiday reported twenty
three deals. and twenty-five trades were
recorded Wednesday.
The outlying suburbs. while retaining
the lead of the market, did not make
such good showing as in previous
weeks. There were ninety parcels con-
veyed In this section. while seventy lots
were transferred In the northwest. The
jnear-urban district was in third place
with thirty-eight lots. Twenty-six lots
; were sold In the northwest, twenty-three
In the southeast, and six In the SOUTH
, | west.
The chief sale OF the week involved
me property at the northwest corner Of
Ninth and r. streets northwest, occupied
by the United Cigar Stores Company,
and having four stores facing on =
street Franklin v. Killian bought the
property for about 100000 about $50 a
square foot. This Is said to be a record
price per foot for Ninth street real es-
tate.
Another large apartment figured in the
weeks transfers when Edgar NJ. Kitch-
In bought the Executive. at Sixteenth
l and Newton streets. The price Is not
/ made public but is reported at about
10000. Mrs Ella q. Belrose. OF At
lantic City, was the seller.
: John F. Newman purchased an apart
/ ment house site on New Hampshire ave-
> nue.. between n and o streets, from
| Lutner n. SWaTtZell. me purchaser
placed n trust OF $4,000 on the property,
a which Is understood TO be a building
, loan.
: Other Sales of Week.
: Other business property changing own
, ers included premises s2s Eleventh street
! northwest. bought by Joseph II. Ford.
{ land 12 Twelfth street northwest, ac-
quired by Minnie ]. Goldsmith.
The Irsuline Sisters purchased the
ii ..rN.
, opposite Judiciary Square. They will
l locate there the Holy Family Day
; Nurseury. which they started a few
!, months ago. but which has outgrown II,
quarters on Third street. The price II
!, not stated.
An Increase OF $500, 900 is shown in tn,
!, loan market OF the last week over the
= record OF the previous week. The exac
borrowed on the security OF PIT lots a
an average interest rate of 81 per cent.
Straight loans had the lions share o.
the weeks business. with an aggregate
v of S6sS. 3l9l4. The building associa tionl
advanced to members $1,000. The sun
OF all the notes given for deferred pur
e chase money was s4S.775.2S.
o Northwest property returned to favo
z, this week as a basis Of loan securit,
/ being pledged for a total of sS46. $50, 1ant
/, In the country was encountered to tn
= extent OF SEQ Sss.7s The record o
and southwest, $500.
h Addition to Burlington.
'e The addition to the Burlington com
$, prises seventy-two rooms, sixty BATH
and sixty balconies The first suites wer
completed and occupied Wedncsday-ius
eighty working days after the founds
| lions were laid.
Y The addition was built BY the A. {
1 Moses Construction Company. the pres
dent of which, Mr.. Arthur c. Moses,
)" owner of the Burlington. Naturally III
y, addition has been. made a masterpiece
n expense han been spared In reaching III
maximum OF comfort and attractivenes
y. The rooms are fitted with full lengt
windows to permit OF stepping directl
in TO the balconies, giving an unusul
al amount OF light and air.
Every apartment in the new buildin
n, has a vestibule entrance so that or
H. does not enter directly into the sleepin
the "Servidor." the automatic bellbo
F. and valet. This contains two spacioI
Of panels. Whatever Is to be delivered
b you is placed In the compartment witt
out disturbing you, and removed by yc
rs from the inside at your convenience
80 thermos bottle containing Ice waite
your mail etc, will be placed In n
rs, lower compartment each morning AT
The rooms are scientifically ventilat,
OF. and beautifully lighted; the fnrnlshinl
gy are new and the best that money ca
!. buy. .,o 1900.
&c &c The dining room will seat $50 perscl
M at Individual tables. and the serVi.
VIII he lust what you demand in Il
=, best hotels, plus home cooking and
eet quiet, refined atmosphere
The complete Burlington now contai,
lei. AL rooms, ISL baths. and the largest al
lie most attractive reception rooms and 10
md bies in the city 1t is absolutely mr.
'ey proof. l., -
The spacious grounas IN the rear ~ "
Fan designed by a landscape gardener OF !
D.. ternational reputation,
rHAMK CIV FATHERS