Evening Star Newspaper, November 19, 1921, Page 13

B | Real Estate Investments Che WASHINGTON, D, C, Foening Sfar. SATURDAY, NOVEMBER 19, 1921 Finance Classi_fied Ads. e 10 Pages REALTORS'BOARD - NEARER T0 PUBLIC Relations Closer Through Activities for Arms Parley, P. H. Russell Says. ARMISTICE DAY SERVICE Housing Efforts on Both Occasions Described—War and State De- partments Given Needed Aid. Activities of the Washington Real Fstate Board in undertaking, at the request of the government, to secure housing accommodations for the thousands of persons which were ex- pected to come to Washington in con- nection with the arms conference and the Armistice day ceremonies have served to bring about a closer co- operation between the board and the public, it is announced by Percy H. Russell, chairman of the special hous- ing committee of the board. The work of the board in_conduct- ing this public service has put the realtors in direct contact with hun- dreds of property owners and citizens Wwho had no definite knowledge of the. realty organization or the character of its activities, Mr. Russell stated in making his report for the committee. Needs Short of Expectations. In both housing efforts of the board, however, the expected demand for houses and rooms listed at the re quest of the War and State depart- ments did not develop to the extent in which preparations were made. Beginning November 10, the offices of the board remained open night and day through Sunday, November 13, for the purpose of accommodat- ing the expected visitors. It devel- oped, however, that the hotels were able to provide for the visitors and there were perhaps less than a dozen requests made to the beard for ac- commodations. In each of these cases, however, the board was suc- cessful in quickly locating the people and in some instances took them to the property in automobiles of mem- bers of the board. The records in connection with this work are in the offices of the board and if at any time durigg the confcrence a need for them develops the board will be in a position to render the service _promptly. This “special committee was ap- pointed by President H. L. Rust the latter part of August 1921, to comply with a request for a public service made by the Department of State, which asked that the Real Estate Board assist it in the matter of se- curing housing facilities for the for- eign delegations expected in Wash- ington in attendance at the con- ference. The State Department was under the impression that hotel ac- commodations would be scarce and perhaps expensive, and for this rea- son they thought it advisable to take steps in advance to suitably house the government's guests in an ap- propriate manner and at fair rental charges. Committee Organizes. Immediately upon appointment the committee organized and _elected Percy H. Russell as its chairman and proceeded to outline a method by which the request of the State De- partment could be complied with. Every member of the board was appealed to by a notice to assist the special committee in the matter of listing rental properties. From this publicity the committee secured about $00 listings, ranging from single rooms to completely fur- nished apartments and dwellings. These listings represented an ag- gregate of about 2,000 rooms. A @ 8250, Lots 75 fect front. .y houses sold. 3 1 ave. Open to 9 p.m. m . and other ubiic utilities, dan Ciscle, ‘ mel ridge on the east. out sells for. telephone for plat and I'lllom:" from $12,500 to thi rices. Ave. Open to 9 p.m, fo[———[olc——=[o[c=]o[——]a|——]0] Washington’s Best Home Locations e MICHIGAN PARK Bungalows, $7,650 to $7,950. Central hall houses, $8,450 to Terms that will save your rent. Immediate deliveries. ; ap. st. car marked “Brookland” to 12th and Mich. ave,, or tele- phené Main 6935 to see the “Sunshine Homes.” e WOODLEY -PARK --Exhibit 2727 Conn. ave., bet. Woodley rd. and Cathedral $20,000 to $21,900. One of the largest, best 16¢éated, designed, constructed and the most complete home in the N.W. for the money. Two staries, attic, library, two fireplaces, Ahree baths, two showers, breakfast, sleeping porch. Garage at cost. MASSACHUSETTS AVENUE PARK z THE IN TOWN SUBDIVISION Consisting of several hundred wooded acres of individual lots, group lots and villa sites, miles of improved streets, sidewalks Bounded b; Woodley Road (Cathedral A t reek Park on the south and adjacent to the beautiful Conn. It contains unquestionably the finest home sites in the city and, under the new management, is offered at prices no more than high-class suburban Some desirable 50-ft. lots as S Buy now and build your “Dream 100,000, according to location. A plat of property is also exhibited at our Sample Home, 2727 Conn. B MIDDAUGH & SHANNON, INC. Tenth Floor, Woodward Building, 15th and H Sts. Main 6938, SINCE 1890—NO PLACH LIKE HOME; NO HOME LIKE OURS” PLANS FOR NEW HOME OF MOVIE FIRM TOLD Famous Players-Lasky Corporation ‘Will Have Fireproof Film Exc] ge. Plans for the proposed mew home of the Famous Players-Lasky Cor- poration film exchange at North Cap- Itol and L streets were announced today. The building is to be constructed of brick and concrete, with parking on three sides and an alley in the rear. The frontage on North Capitol street will be fifty-two feet and the depth on L street will be 127 feet. The construction work will, be done by the Boyle-Robertson Company, Inc, who likewise have the contract for other film buildings to be erected in the block. : The office’ will, occupy the front portion of the building. It will be large enough to accommodate a score or more of clerks. The center sec- tion will contaln the projection room, in the form of a miniature theater, seating. approximately, twenty per- sons. This room will be fitted with easychairs for the convenience of those wishing to view films -before contracting for a run. The adver- tising department also will be in this section. ‘The center section will be separated from the rear portion by a fireproof wall. The back room will house the film-inspecting equipment and will contain five fireproof steel vaults for the storage of films, which are in- dexed ready for shipment. 1t is expected that the structure will be ready for occupancy by next March. A. F. OF L. LEASES ROOMS. Rooms in the International build- ing, 1319 F street northwest, have been leased by the governing board of the general committee on limita- tion of armament created by the American Federation of Labor. The rooms are to be used as offices and as a meeting place for the commit-! tee. The lease was made through the offica_of McKeever & Goss. postal card of acknowledgment was sent to all persons who listed their property with the board. About one month after active work had been started the hotels indicated to the State Department their wil- lingness to_ provide accommodations for the delegations at rates that seemed entirely satisfactory. As a result the five principal nations in- vited to the conference immedliately arranged to reserve with various ho- tels sufficient accommodations for | their entire delegations} ‘When this situation came about the committee realized that the request of the State Department had been practically satisfied. However, upon further conference with the officials of the State Department, the boardJ was_requested to continue its work in the interest of any expected over- flow from these particular countries as well as those expected from other foreign countries in an informal capacity. About the same time the newspaper associations requested that the board render the same serv- ice to newspaper men that it was pre- paring to render to the foreign visitors. . ‘War Department Request. Late in October the War Depart- ment requested the board to assist it in _locating suitable rooms é’?r the officially invited guests of fhe government expected in connection with the ceremonies of the burial of the unknown soldier. - It was stated that 1,000 rooms were needed, of which the local hotels had agreed to supply 500. Thaycommmea immediately dupli- cated the work previously ‘done in connection with the listing of proper- ties for the conference, and was su cessful in getting approximately 400 listings _ representing about 1,000 rooms. These rooms were to be avail- able for about three days only. As the conference date drew near the records of the listed properties were revised and brought up-to-date. The rental charges were scrutinized, and in practically every case where an entire house was offered Some member of the committee personally inspected the property so as to better determine the fairness of the rental charge. Over Take 11th or F or N. Mass. ave. west of Sheri- wve.) at 32d St. on the north, roperty miles farther row as $2,000. Call or FOR LEASE—FURNISHED $105.00 per month New Dutch Colonial detached house; 7 rooms and bath; hot heat; electric lights and electric range; bul! cars; attractively furnished throughout; 35 minues suto ride to English Village, Bradley Hills, Md. Corner Bradley Lane and Old Chester Road SHANNON & LUCHS of city. 713 14th St -in garage for 2 center Main 2345 D. G. PESSIMISTS ARE CONDEMNED Walson Paints Glowing Pic- ture of Washington’s. Future. George O. Walson, local banker, painted a vivid picture of tHe future possibilities of Washington in his speech Thursday before the Washing- ton Real Estate Board. Speaking in the most optimistic vein, Mr. Walson -condemned the practice of the pessimist in continual- ly speaking of expected reversals In ‘Washington, when he should have been realizing that at’ the! present time “Washington faces greater pos- sibilities than ever before in its his- tory.” * Mr. Walson stated that it was one of the most important duties of the real estate profession to stabilize values and ally itself with the bank- ing fraternity and other business in- terests in_order to determine the future of Washington. Opposed to Narrow Ideals. “One cannot allow an opportunity to pass to see that in the organiza- tion of the Washington Real Estate Board a great accomplishment has been attained” he said. *In these days of activity, when standards of conduct are established by such or- ganizations, individuals may be as- sured of safety and efficiency in those with whom they may trust their busi ness. For long years both the med ical and legal profession have had es- tablished bodies, membership in which, to a large degree, insured the rofessional standing of the indi- vidual ‘Merbership in the Washington Real Estate Board should carry with it, if it does not already, the assurance of professional square-dealing. It has been conclusively proven that your organization has already accom- plished splendid results in establish- ing efficient co-operation and other features, and must prove helpful to the younger element as well as to those who have spent many years in the business.” i Restrictions Divert Funds. Discussing certain phases of the|* bankers' relation to the realtor, Mr. ‘Walson said: “Restriction limiting national banks in making loans on real estate have resulted locally in the investment of $27,000,000 in bonds and securities which otherwise might have gone into real estate. The lifting of these restrictions, principal among which one, the one-year duration limitation, and a provision that loans may only be made on a basis of 50 per cent of the appraised value of property, would undoubtedly open the way for the in- vestment of this money in Washing- ton real estate. These funds would materially aid in financing new build- ing operations to relieve the existing shortage.” It was stated that national banks favor a three-year duration on loans | based on 65 per cent of valuation. 1 3242 Nineteenth Street N.W. Unoaually attractive 8-room and -bath home in exclusive residential ) amt electric 1001 ; cement , _double e o8, arage, open fireplace. A that must be seen to be ap- ted. P2 Open for Inspection Sunday See Mr. Crandall Premises hot-water hardwood 3 135 Kentucky CHAS. D. Main LANHAM $165,000 Rents $24,720 Cash required, $25,000 .Contains 43 apartments; roof construction;’very cheap, little over 6 times annual rental. $85,000 - Rents over $12,000 $50,000'1at Truat, Terms New, 4-story, fireproof building; contains sixteen . apartments. Brick Dwellings Are Located on just being completed by Charles L. Three Homles to be sold at prices that repre- sent unusually good values. All vacant and __ ready for immediate occupancy. buollt and most coprecioatly pleaned Bomes.fn 8 section. rooms and ba water laat, hes,| ) Bt an be sold on X camh "25d Balance monthly. 923 Fifteenth Btrest N.W. Real Estate APARTMENT HOUSES Splendid Investments Real Estate LANHAM & HILL BUILDING PROJECTS PLANNED AND COMPLET_ED. R e G S\ > . B ), { o=t Above—Two new dwellings, 5323 and 5325 16th street, erected by D. J. Dunigan. They are of brick, central hall type, and comtain many convenlences. They are located just opposite the renervolr, overlooking Rock Creek Park. corner of North Below—Architect's conception of hew the Famous Players-lasky film exchange bulldin Capitol and L streets, will 1ook when completed. _— is after the Italian style. Arthur B. Heaton was the architect. The interior woodwork is ma- hogany and white, and there are numerous features designed to con- tribute to the comfort of the occu- pants. MORE WORK IN TENNESSEE. NASHVILLE, Tenn., November 19.— General. employment conditions in Ten- nessee show a marked improvement, ac- cording to a report just completed by W. C. Birthright of the state federation of labor. There are still. many men out of wbdrk in the state, the report says. OPEN ALL DAY SUNDAY Bungalow Cleveland Park PLAN NEW THEATER. Chevy (;'hase Amusement Company Will Have Movie House. Chevy Chase is to have a new motion picture theater. Construction of a building, to be known as the evy Chase Theater, will begin about December 1, on a site on Con- necticut avenue between North- ampton and McKinley streets a block below the circle. The enterprise is being fostered by the Chevy Chase Amusement Corpo- ration. The new theater will have a SIX HOUSES FINISHED. Lanier Street Norfhwest. Six dwellings of brick construction, 58 to Lanier street northwest, Tankersley, have been taken over by the sales department of the N. L. Sansbury Company, Inc. The homes contain seven rooms and two baths, each. including four bed- rooms, and a large sleeping porch. Brick garages have been provided on the rear of the lots. The architecture 2 749 Park Road Northwest Splendld B-room home on two floors, in conveplent northwest sec- tion; hot-water heat, electric lights, two stalrways. Unusually weli planned. Price and terms reason- able. Open for Inspection Sunday See Mr. Phillips on Premises Avenue S.E. No. 3603 Norton St. N.W. (Just North of Newark St.) A real_California bungalow, close.to Episcopal Cathedral, Cleveland Park School and only half a square from car line. Very artistically decorated and must be seen to be appreciated. BOSS & PHELPS 1406 H St. N.W. SAGER TWO LEFT THE BEST BUY IN WASHINGTON TODAY NEW HOMES - 8th & Buchanan Streets N.W. The elevation is the highest in Petworth and the location is convenient to Churches, Schools, Stores and Street Cars. The environment is ideal for your family. These homes are - full thirty-six feet deep and con- - tain for you every possible convenience. You may select your own electrical fixtures and wall paper.. d ' $1,000 Cash, $75 Monthly Including OPEN FOR YOUR INSPECTION " 810F St.N.W. & HILL $275,000 Rents $36,000 Cash Required,.$100,000 1-story, roof, co! tains 63 l.pl.flr{;nplflt'. 3 to rooms all outside roomd. -~ Exoellent buy. $85,000, Rents $11,000 Easy Terms 16 apartments, conven- fently located mear oar line in central northwest. | BUSIESS REVVAL SHOWN N REALTY General Trend Reflected in Washington—*‘Conditions Fine,” W. K. Hartung Says. International activities in Washing- ton, combined with the general trend toward business revival throughout the country, is reflected in real estate circles in this city, according to Wil- liam K. Hartung. “Business conditions are fine” Mr. Hartung states. “The demand for homes and business properties proves conclusively that there is a firm sense of security In the minds of investors.” Twelve Sales Involve $113,700. Twelve realty sales aggregating $113,700 were reported by Mr. Har- tung’s office this week. A home at 3904 Legation street, Chevy Chase, D. C., was =sold for James N. Rule to Gilbert T. Rude. The dwelling is of the bungalow type, containing nine rooms, two baths and built-in-garage. 1226 Crittenden street northwest, was sold to John Yoos for George F. Har- ris, jr. The house contains eight rooms and two_baths. John Earle Janner purchased from B. H. Gruver a new residence at 1430 Shepherd street northwest. A six-room and bath home at 73 Bryant street northwest, was sold to Danfel P. and Margaret E. Gleason Adelaide S. Holmes 80ld to Rosa M. Cawood a_ dwelling at 2604 Mozart place northwest, containing 8 rooms and bath. Louis Boundford bought premises 3541 8 street northwest from Marga- ret E and Danlel P. Gleason. Sale Near House Office Building. Property located near the House office building, 120 C street southeast, was sold to Julian M. Browne for the estate of Fannie W. Randall. A tapestry brick home of six splen- did rooms ‘and bath, 4600 Sth street northwest, having hot-water heat and electric lights, was sold to Rich- ard F. Jones. Premises 30 Deanwood avenue, Ta- koma Park, was sold to Dorothy Fra- ser for John O. and Grace E. Ellis. The house contains seven room and bath. The building operation of Charles E. ‘Wire, Inc., in Manor Park, on Sheridan street, between 2d and 3d street: northwest, has been sold. The lasi four sales include 211 Sheridan street, to Anthony J. C i 221 Sheridan street, to William S. Hance; 223 Sheri- dan street, to Grace R. Stewart, and 225 Sheridan street, to R. T. Lallande. s t seating capacity of 1150 person with 800 seats on the orches!llza flaoE. A hall above the auditorium will con- tain a dance floor and assembly hall with a capacity of 500 persons. The structure was designed by Up- an & Adams, architects. Im: —_— e lstreet; cos BUILDING PERMITS INVOLVE $500.000 Many New Projects Included in Construction During Past Week. NATIONAL HOTEL IN LIST $70,000 Repairs to Be Made to Ave- nue Hostelry, Recently Dam- aged by Fire. Building permits, involving an ag- gregate investment of more than $600,000, were issued this week by the District building inspector. Included among the projects listed were items covering reconstruction of the Na. tional Hotel, recently damaged by fire, and for an addition to Wise Brothers' dairy, rear of 3206 N street northwest, Georgetown. The rebuilding of the hotel, at 507 Pennsylvania avenue northwest, wiil A detached home in Saul's Addition, | cost approximately $70,000, according to the records. will cost $66,000. Lint of Permits. Other permits follow: W. A. Hill, to repair 1636 Connecti- cut avenue; cost, $10,000. W. A. Simpson, to repair 532 street northeast; cost, $3.000. Arthur Foraker. to repair 723 11th street; cost, $1,500. William Bull and others, to build home, 3905 12th street northeast; cost, $5.100. W. P. Irwin, to build home. 441§ Clay street northeast; cost, $3,000. Thrift Building_Company, to build five homes, 1343-1351 ~ Randolph street; cost, $35,000. S. Suks, to repair 152-154 Pennsyl- vania avenue southeast: cost, £1,900. L. Flemer, to build 2706 South Dakota avenue; cost, $4,500. Wise Bros. 'to build addition to plant, rear 3206 N street; cost, $66,000. Corby Bakery to Repair. Corby Baking Company, to repair 2401 Georgia avenue; cost, $10.000, George H. Bright, to build store, 1430 Irving street: cost, $20,000. John O. Gheen, to build 2: ming avenue; cost, $23,000. H. D. Copenhav to build 3417 Rittenhouse s cost, $14,000. Middaugh Shannon, to build two hom&% 3200-3202 Woodley roa cost, The dairy addition th 70 Wyo- J. M. Henderson, to build, 2945-2951 Upton street; cost, $10,000. G. F. Mikkelson, to build, 3724 Jeni- fer street; cost, $9,000. A Douglas, to build, 939-943 I t, $11,000. The Fleischmann Yeast Company. to repair premises at Channing street near 26th northeast; 25.500. cost, $10,000. Woodward & Lothrop. to repair warehouse. south Capitol and D streets southwest; cost, $12,000. Main 2100 .Price, $3,450 SMALL CASH PAYMENT Balance $35.00 Monthly Modern Four-Room and Bath Homes | 19 Sold—3 Left ‘ | e —2 You Owe It to Yourself to Inspect These Homes Sample House * No. 1376 C St. N.E. VACANT Open and Lighted Saturday Night from 7:00 to 9:00 P.M. Open Sunday from 2:00 to 5:00 P.M. B. F. SAUL CO. 1343 Madison Street 16th Street Highlands Exceptionally attractive DETACHED home; hollow tile construction; lot 50xi50; four bedrooms; two baths; large living room with open fireplace; garage; hot-water heat; electricity, with unusually beautiful fixtures. Own- ers leaving city and will vacate at once. Open for inspection Sunday, NOVEMBER 20, from 2:00 to 5:30 P.M. THOS. E. JARRELL 837 Woodward Bldg. 1412 Eye St. N.W. Main 766