The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1911-12-16
Surpass Transactions of
First December Period,
Taking Second Place.
MONEY MARKET SHOW
, DETECTION IN LOANS
Borrowing Drops in Total--Trans-
fers Involve O,OOO-Hen-
drick Building Biggest Sale.

The second week Of December eclipsed
its immediate predecessor In the num-
Der OF realty transactions completed,
and displaced the first week Of the
month from the position Of second hes,
week Of the year. Not only were there
eight more sales made this week, but
the quality Of the transactions ex-
celled that Of the previous six days.
In the money market only is reported
any detection from the record of the
first week Of the month. In the matter
of loans, the figures for this week fall
short $4,000 Of the amount borrowed in
DEFENDERS first week.
More than 100000 is involved In the
business properties which have changed
hands this week. The principal sale
was the Hendrick building, at 734 Fiji
gteenth street northwest, adjoining on
the south the Union Trust Company's
building. J. Thilman Hendrick sold this
property to Mrs. Henrietta M. Halliday
for about $225,O00. AS a part of the
transaction. Mr.. Hendrick took title to
the Rich store at 1901 F street north
west at a price slightly in advance Of
100000. and also received vacant lot
ut Fifteenth and Fuller streets north
west In addition to cash consideration
clarence -Norment has acquired a half
interest with Mr.. Hendrick in these
properties.
I The next most important sale of the
week involved the property at 1902 and
1904 H street northwest, next door to
the Union Trust Company on the west.
This property was bought by the trust
company for its own use at a cost Of
$123,
Mra Keep Takes Home.
The Stumph building. near Massachu-
sets avenue and Seventh street, was
sold for a consideration near the CEN
fury mark in the thousands, and Moses
Goldenberg invested about $4,000 in the
acquisition Of the premises at 7O5 and
70 street northwest, 9O4 and 9O6 Sew
enth street northwest. and the corner Of
seventh and streets. A number Of
other properties In the business section
were sold this week.
Inc unusual price of 100000 for a
ord. The executors Of the late Fred
eric A. Keep conveyed to his widow,
Mrs Florence s. Keep, the home built
by her husband at324a r street north
that his w hs receive w ResP Il, a'rs ssss
with the option Of taking the family
residence In lieu of half the sum. Mrs.
Keep accepted that valuation of the
popcEty, anu the conveyance followed,
In the, total uf 1Ss transa ctions closed
this week there were involved SOL lots
and parcels of real estate. The out
lying suburban section led the market
With eiYhty-four parcels of realty con-
veyed, followed by the near-urban dis
trtct with sixty-nine lots sold. There
were hfty-eight lots transferred in tho
northwest, forty-seven In the northeast,
thirty In the southwest, and thirteen in
the southeast.
! Record of Loans.
The money market was reasonably &C
i've this week, although the aggregate
Of loans falls. below the figures for
the previous six days. A total of $74S,-
2B-H was borrowed on the security OF
"a lots at an average interest rate of
81 per cent.
The number Of sales in the busine IS
section aided. the purchase money loans
TO displace the straight loans from the
lead OF the market this week. The
SUM OF all the notes given for deferred
purchase money was $3.50, 09S.63. Straight
loans reached a total of $3.50, $685. The
output of the building associations was
Northwest property was pledged for
more than half the money borrowed
this week. The total Of loans in this
section was .$439,935. County property
came next with an aggregate of SILL
4H2. The record of loans in the other
city sections was northeast, $55 427 SO:
southwest, $20,59S, and southwest $15, 500