The Daily Alaska empire Newspaper, July 16, 1936, Page 7

THE DAILY ALASKA EMPIRE, THURED\\ JULY 16, 1936. W ! |4 QllllIllIllHllIlllllIlllllllllllmflulllllll!Illll!lllllmfllllIllfl!Il!!HHHMIIIIIHM'IHIHIIHIIIIIIIIIII!!!llllIlHKI!IiIllIlllllllIIIIIIIIIIIIIIIIIIIIII!!IIH?l!llIIIIHIIIII"IIIII“I"!|I||i||!ll|!!!lIIIIHIIH!MHHllmIl!lmiIlIlél!!|iliHHHi{HI!IIHIIHIIIHIHIIHIIIII|IllII’IIIIIIIIHIIlHIHHIHIHIHIHHIIIIIIIIIlIHINHIHI(IIIMIHHNHHIIIHIHNH!N * FEDERAL HOUSING MORTGAGE PLAN AGAINST OLD STYLE FINANCING PLAN A FOR A HOME COSTING §2500, WFTH $2,000 IN MORTGAGES A Home For 32,100 FHA Morignge [HHITHES ian to Finange $2.000 6% Interest; $670 Second ge, 8% Interest s (for entire period) age for 20 years !ifllflfiifillfilflllll | 1,0, Mortgage Insurance Premium Actual Mortgage Charges { 5% interest and ar wtian » $13.20 %2 % -service charg rage) 49 %% mortgage insurance premium 83 EHA "SINGLE To.al $14.52 cond mvorigage for 4 years MORTGAGE Estimated Additional Charges (menthly): a1 iepeidrin N T $ 417 670,00 ¥ insurance premium 117 o obtain secend mort- *E Total 6.34 Total payment for 20 years 2,711.95 Total Monthly Payment 20.86 Annual average 135.90 T T Montt age $11.32 Estimated Additional Charges (monthly): Taxes, premium and wate reng <3 n HOUSING Pl TR Piosi Gebiaat? : BAROMETER SAVINGS UNDER FHA PLAN OVER 20 'EARS June 10, 1936 Ol Style Financing FHA Financing 2% Plan Plan The toral s si v t $ 17.66 $ 20.86 > € e tlx{n Jln‘mmln of bu.une;’ss i 56 ik sl BRI - == ted 0 date by priv P = ¢ - Figs x4 C lan for 24 nths e ———at neial institutions under pro- @ial exiea moptiiy SR BUA PRI fox (a4 iisnih 768.00 visions of the National Housing Act is as follows: Number of insured moderniza tion loans A wrry with use of FHA plan ($1,330—3768 the second of a series contrasting the cosis of $6,250 respectfully—under the Federal Housing mort homes—costing $1,250, $2,500, m and under the old styl 1,065,109 nt $386,284,272 urtal I 562 is shown for the owner of a $2500 house with a single 20-year mortgage, insured by the Housing Administration, over what he would have had to Number of home he same period with a series of | LIVING ROOM econd mortgages maturing every three and four years, re | (G 8 153" oF mortgages accept- ’ £ = e ];, tor ,:3.“ # ides, under the Federal Housing mortgage the trouble and anxiety of re- Tt e e apd e his mortgages every three or four years. F only obl is to mect the small payment of $14.52 each month jer to have his home in fee, free of all debt e end of 20 years. The estimated charges for tax, hazard insurance, and water .rent: vary, of, course, in different localities —— Amount $311,3 . 2 ' 5 iR COND FLOOR CUT FLOWERS AND POTTED K R A F F T : s This is HnuseF )(‘ITZ;::: C:: :e Federal Housing Administration’s 'l'ec:ntiulo :nllefin No" 4, “Princte i : plcs of Planning Small Houges.” It is simplicity itself, with a certain charm derived from its very lack PLANTS ? of pretension. The rooms are of good size and well proportioned and lend themselves admirably to fur- niture placement. Without the cellar, the utility room provides ample space for both the heater and Y and " the lsundry trays; and the unused wall space could beheqnlp;‘mdhwllth ahfelve_s!to ha‘l‘d the nresetr;ell ::: anned goods. The dining alcove in the Kitchen could have the uilt-in furniture shown or a table FOR BEAUTIFYING YOUR ROOMS :h:l;rs that ave movable, and therefore easier to clean, could be used in its place. The bedrooms are well i mLLwoRK ventilated and haye good closets and easy access to (he bmh;«l:?lx:n.o tT‘S‘; ll;aullng Adminlstration eeth Trees. Shrubs and Plants for \ y mates that this house could be erected af ost ranging from $1,75 5 Beautifying Your Yard Kitchen Cabinets ; Screen Doors and Windows ' JUNEAU FLOR!STS Frames and Sash . Shattuck Building PHONE 31 All Kinds of GLASS b PLYBOARD —— i T . and LOTS OF LOTS Ceolumbia Lumber Co NICE ONES——TOO! o SATISFACTION ('aseY‘Shg;‘l‘g!;gfi‘gg;ion Ry LUMBER AND BUILDING MATERIAL Seatter Addition CASH or TERMS Co-operate with the FEDERAL HOUSING ADMINISTRATION and beat the rent game . . . . ALLEN SHATTUCK ——=Since 1898—— = e FRANKLIN ST. CONSULT US FOR FINANCING OF HOMES UNDER af SECOND TITLE NO. 2, FEDERAL HOUSING ACT Telphone 62 SRR - L= L), T R R S O R b Reduces your fuel bills, and beautifies your home. We carry a complete stock for immediate delivery. —ALSO—— C e l 0t ex Celotex Plank Celotex Tile : TEMPERED HARDBOARD--HARDBOARD TILE PLASTERBOARD-—FIR FLYWOOD DOORS—WINDOWS-—GLASS—PAINT @ Ask for the CELOTEX BOOK Juneau-Young Hardware Co. FOR EVERYTHING IN THE ' BUILDING LINE, SEE G. E. KRAUSE ealer in He&iry}Bui.ldinq Materials TR T diinEHi i i i = oo «GENERAL CONTRACTOR g = BB oy QUALITY LUMBER | = Portland Cement \ Iireplace Ashdumps = Finishin Firebrick $ = E || Burly Sokting Cement Fireclay N ALASKA SPRUCE—HEMLOCK—CEDAR = = ¢ “Stueeo ‘Cement Pressed Brick (for mantels) i . 5 = Fiber (Hair) Hardwall ’}I}uar}h Tile i PROMPT SERVICE g = Plaster ile for Floors and Walls = E Finishing ‘Plaster Asbestos ‘Wall Tile LUMBER FOR EVERY PURPOSE = = Meétal Corner Bead Stuéco Wire Build with WOOD for PERMANENCE = = \Icqu'e I<Labnc Lath Reinforcing Steel, 1-4 to E = etal Lath 1 1-4 inch = Wood Fiber Lath Wire Mesh Reinforcing - = Wood Fiber Wall Board Expansion Joints uneau um r , s = = Lump Lime Waterproofing, integral and = = Hydrate Lime brush coat = = Galvanized Thimbles, 6, 7, 8, Johns-Manville Asbestos e = £ 10, 12-rch Shingles : PHONE 358 = Fireplace Dampers Finishing and Mortar Sand i == == Fireplace Cleanout Doors Soft Sheet Copper ANY B o DY”’ s Orleans, according to the Times-. to $667,000000 during the year,| ed usefulness of only 40 years, LION'S SHARE = = Picayune of that city, the sale of while the total for the year ending| and office buildings of ordinary = = WE MANUFACTURE AND SELL— BUSINESS $25,000,000 worth of property re- April 1, 1935, was $562,000,000, a| construction are gemerally out- The New York Herald Tri- = = i 3 Uy et moved so much real estate from the |gain of nearly 19 per cent. moded at 30 years. bune finds home building at a o= = Conerete Sewerpipe, sizes 4 Concerete Chimney Bases HERE AND THERE market that New Orleans is cur- b i b high level in the metropolitan - = inches and up Concrete Culverts Real estate activity apparently |rently unable to supply the demand BEST BET | DOWN IN DIXIE New York area. Figures com- =] E Conerete Sewerpipe Ys, Tees Footing Blocks confines itself to no specific sectionirm- property. The single - family dwelling | Twenty-six new residences, 10‘, piled by P. A. Andrews, Vice- = = and Ells; all sizes Building Blocks and Brick of of this country. The Philadelphia | Ve has the slowest ohsolescene rate | apartment houses, eight hotels, and | President in caarge of building = = i the standard masonry unit Inquirer, for example, motes thntj % of any type of structure in use a ' number of miscellaneous struc- materials for Johns - Manville = = Conerete Chimney Blocks, Thes 1936 building operations - in the | FARMERS PRIMPING today, according to Herbert U. |tures built during May boosted the | Corpor:tion, show that 17 per = = firesafe and well made Cm{crete Sifls and Lintels Quaker City have gained close to| The New York World-Telegram,| Nelson, Secretary of the N total value of construction at| cent of all residential construe- = = C te Chimn Toj Burial V: ‘l ‘ $8,000,000 over the corresponding|in an Associated Press report, notes ticnal Association of Real Es- Miami Beach, P!a.. this year to| tion in this country is being = = oncrete mney 1ops urial Vaults period of 1935. The St. Louis Post- that Iowa's farmers are back in the | tate Boards, in the New York |$4,018344, according to a report| carried on in the New York = = X : Dispatch notes that in St. Louis a | money. All over the State where Herald Tribune. This fact, he of Building Inspetcor J. J. Farrey.| district—that is, New York and E = brisk demand is seen for suburban “the tall corn grows” farmers are said, was revealed by a recent This compares with construction its environs. Between January —3 = G E K R A u s E small residences. The Detroit Nev:s painting, remodeling, and replacing| real estate survey. The single- of the similar period of 1935 valued | 1 and March 31 the volume of _E_ .:_‘.—_' ° . P - -, publishes a report by Walter W. obsolete buildings in the broadesl: family dwelling has an expected |at $3,173750. Incidentally Mw's; residential cemstruction in the 3 = 3 ol ép = £ % g Bose, President of the National As- and most virile modernization cam- | useful life of approximately 50 |volume of construction was the| New York metropolitan area = = e M i i sociation of Real Estate Board, in | paign carried O there in 15 years.| years. The modern skyscraper |highest for any May during the; reached $21,015,000, or a gain of s = which he predicts a long-term up- | Sales tax reports reveal that Iowa| of steel frame and fire-resist- | city's history. The average cost per| 84 per cent over the same pe- § = swing for real estate. Down in New | merchants recorded sales amounung} ant constuction has an expect- residence during May was $13262. riod in 1935. = ummnmmmm“mummmmmmummuumml||||muummummmmmuuuu|||u||mnnnmnmmmmmuuuuummmmnnmmnmmnmu|||mnnuuuumummunuummmulmmmmmmmmunmmm||||p||mumnII||||H||muulmmuum