Evening Star Newspaper, May 27, 1922, Page 14

4 © 'REAL ESTATE.S APARTMENT HOUSE 151,160,000 WEEK'S | TOCOST $2.000,000| BUILOING SCHEDULE Local Corporation Plans to!Permit for New All Souls’ ‘Erect One, to Be Known Church on 16th Street as Argonne. Largest of List. i CATHEDRAL MANSIONS TO COVER | UNUSUAL BUILDING PROJECT H[]N[]R OF REALTORS Engineering Project Called for Excavation "D. C. Delegates to Conven-| of 125,000 Tons of Earth—More Roomé tion Guests of Californians Than in Wardman Park Hotel. | at “End of Trail.” Washington's delegation of realtors, ‘Which left hére Wednesday for San Francisco, where they will attend the annmal convention the coming week Construction of Harry Wardman's is being leveled fro 11side ! Far Hctans s Plans of a local corporation to erect | Construction work to cost more than latest apartment project, Cathedral vi t uni dy hi Mansions, at the northwest corner of [ yans Of the first unit already @ 32,000,000 apaftment house, to be |$1,160,000 was provided for in the list been comp! d up to the first floor a7 z p X s o o i known as the Argonne, at the inter- | of permits approved during the past Connecticut and Cathedral avenues, |level, while the opposite section. 7 et + 5 ted b: lar, Just - section of Columbia road and Har- | week by the municipal bullding in- and extending for nearly a quarter | jéparate y & large cour us 4 3 vard street northwest, were an- spector. o Vations o b rted. W this second 4 1 p o iihe Natlonal Association of Realior a inile on the west side of Cony|beink started. Bétween this second ’ b4 5 nounced last night. The largest single permit, from a Estate Boards, was scheduled {o ar- ] : - 3 . The structure wili have eight stories i SR d to ar-inecticut avenue, has Involved sev-|and an army of motor trucks are en- ) - and will be of steel and reinforced | financial stantpoint, was that issued ““" "":‘“Yd’" Los Angeles, from which | gral unusual building proce gaged in burrowing their way north- 3 " P 5 5 Sonerete construction, containing 20 | for the erection of the new All Souls’ point the delegates will complete the ward. R 3 ¥ |apartments divided into suites. It e i e piete. necessitated by the nature of the site | T ol o1 grea of eight acres. all of o g “ - will be fireproof throughout and of | CPUrch. now under way at 2839 161n T‘:} s ”" : and the wide proportions of the struc- | which originally was a. high ,h%" of : . b e the most modern design. street northwest, at a cost of $400.000. S fairly-three local men and their | ¢yres which are going up there. earth. The three bulldings will con- A 2 3 alend® ¢ Y - Wid, The most important home-bullding wives will be the guests » 5 z Tarde o i 3 " 5 % e Frontages. Tealtors on & z,:‘,:‘,“.::,,?;,“;},‘:g{f;',: The enterprise includes the removal | taln more rooms than are in Ward 3 / 2 ez man Park Hotel, a few blocks away, but because the height of the bulld 0 delegates|prising, it is estimated, some 125.- |ings will be only four stories, a wide an is to start comprising some 400 automobiles car-{of a hillside of rock and dirt, com- rving from 1,250 to 1 and visitors. The cara: The building will hav tage | Project recorded was that of Harry {on Columbia it oF o Teontuge | Kits, Involving the comptruction of Harvard street of 140 feet. The main | £1X dwellings, 2152 to 2160 Wyoming . entrance floor will contain a large |AVenue, it a cokt of §150,000. These from Los Angeles Monday fng | 000 tons of earth. a mass comparable | territory will be covered. . e dne 6 s A 2 lobby and cxtensive lounge rooms, |Will be four sfories high “reach the convention clin ng|in #ze to the State, War and Navy | 150 Apartments ia One Bullding. ; s s » % # % Teear aparsments in the bullding will| Of Warm weather interest was the ring of May a0 Chmon ity Oy ding. At its highest ridge the ¢ gk p : i have sun porches. permit granted the Chapin-Sacks Cor- hill Is about forty feet above street The corner bullding, alone, will 3 5 - D p 35 o The owning corporation will be the | Poration to build an ice plant on M level, and steam sholves have Iiterally | contain 150 apartments, ranging in i A i ¥, s 2 Argonne Park Apartment House Com- | ftreet between North Capitol and 1st eaten their way into this bluff, from | 8ize from two rooms and bath to : s 3 & ¥ ¥ pany, the principal stockholder of | Blreets northeast. This will involve Over the State Highway. {level to level, until the site for the |five rooms and bath. Its frontage on' i - C & 3 - 7 which fs William S. Phillips, local |&n investment of $65,000. ":rr{:n route of the motor caravan is|first of the three component build- | Connecticut avenue will'be 500 féet ; p v ugh so X &0 - ¢ ' realtor. Qther permits folls o ne of Sat B = has been |[and on Cathedral avenue, 400, Yeel 4 < * o . Construction, which will start Vashington Gas Light Company. 10 Will be a contintious round of oorers 2 ok elaborate lobblés, and between the ‘ 3 3 LIS 2 g - & Welltr Construction Company. Stern |and E streets, $4.500. tainment at the hand of the realtors 56,000 Tons Exeavate: wings will be courts syitably land- g 5 b z & Tomlinson are the architects. mier Street Houses. of the Citios through witen ¢ <ok In preparing solely for this first|scaped. 4 A 3 8. W. Straus & Co. of New York have L. Bansbury Company./to build The caravan plan, originating with | UNIt Of the apartment operation ap-| In the course of excavating for this B e « # 4 i My >80 . s underwritten a first orgese il two homes. 1769 and 1771 Lanier the Los s Realty Hm:‘;‘,', 4 | Proximately 50,000 tons of dirt have | building & massive bqulder, probably e e - ’ S ' L S bond issue of $1,250.000 on the building. | gy'reet. $15.000, 5 enthusias co-operatog iy B4 | been removed. leaving about 75000 | ten feet high and welghing many tons « < 4 Fond The bonds are a ciosed first morigage | " N\" ¥ Brensler. to repair. alley b realty rds throughout Culifarnid | ON8 yet ‘to be excavated. The dirt|was unearthed. It s contemplated - 2% K A i g o £ % % 7 on both land and building. tween 12t and 34 streets, Q and Flor- will be offic Hnawn is the rtr:\: is halng“useddl @Pnukmrp;‘n % t:e to lllla!wu;hul hgulde: to r;muln as a ida avenue, 000, i of-the-Tra caravs R “Ne- | site in Woodley Park o r. Ward- | part of © landscaping scheme for - - - 7 Vi ton Gas ) ° Los Angeles (o San Franclseo will | ™An's English village, thstconet : ; : e e 2 i o / REPORTS NATION-WIDE Inetalt’ Tolger. Tatnend B werseis Be the last lap of the lonw ceail np| An interesting feature of this con-| 'The designing and planning of TR %8 % : : : S , 5% / eoutheast. $50.000. s the visiting realtor corE \“f;” of | struction work has been the way in | Cathedral. Mansions w: done by| [ > R For % : % R . BOOM IN BU|LD|NG W. G. Bedford. io build garage, rear May Garland, twice presiqe 1'8M | which masons and carpenters have | Wardman & Waggaman, architects, e Rk oo < i - 5 5 . ‘ < 5 i 1512 Corcoran street. $1.076 G National Association, real serate pone | followed directly on the heels of the |The construction is being done by % iy e : 0. H. Taylor. to build dwelling. 5 chasing agent for the soveramer:|excavating forces, erecting a portion | the Wardman constfuction depart- 4 : 1 “§8.01 i during the great war. and ope o¢|O0f the building while the site for|ment. Excavating is in charge of the ¢ y ; T i R he | 30t street, 5,000, 6 4 % 4 L 53 o : rtual absence of obstacles in the| F. Morgan, to repair, 2601 Brentwood the country's best Rnawn roal hcrall | extending sections of the structure ' Mullin Contracting Company. . 4 3 : o i o L . o e s e A Ban- .:‘l ads the cdravan managing 4 3 e 5 it . % ommitte , . try I8 notéd by S. W. Straus of New (g SR S Yor! . X . o o $ ; . e R - e L No adverse circumstances of any & D0 o epeic 55 Finance and Trade Conditions || < .. : bl | i aneine Bulane e | A% aaver. o b, 202 120 stre | g : 4 ; ; PUgnLEY. X 205 Cleveland av, £40,000 4 2 me places there are signs of a slight | 2"0 4205 Cleveland avenue; $4 : < 5 3 4 A 3 . Zirkle, to build five homes. 608 ) 3 S ; TN ; ] slowing up, due to shortage of build- ¢ Viewed By Roger W. Babson. et A ¥ i e 5 The course will be by the s highway the tate route, one ue and 504 9th strect of th paved fornia will first noon, and the 236 F street: cos . noon, ' - ing materials or lack of labor in some | sor, ik e oA tneie Wi and e A / : e s B essential trades. This situation has 3 A known student of busing b - - ¥ Board to a real, old- v O e htorpreting iadustrie] aoy tovariting for readers of i ¥ X not as yet developed seriously, and BEOwA 0 PO SRS ARt A tavestment probioms. ) ; 4 3 o , 3 £ i i bulldlnx,npprla(ions the country. over i "'y SO U PO 53 one store & A { are moving along with unprecedented celli e enue e In view of the peculiar w-'y fl;:! ::'fp i?v:‘-:wm-:ék“ turns on its great Y 5 ) magnitude. P! ;iag ‘:i“ufl!mg. 4819 Georgla avenue; ay o . the ex- ting the | t1F : £ 2 . # K D e tensive farm lands of Kern county, | (e stock market has been acting ‘The stock market, howeve: . W Ing Chroumnone <aols optimiem exist-|” B. 3f. Oden. to build, 4304 Georgla the orange 5 | past few days and the various rumors | 4y, er, is like 2 # g ghout the business world is | $7.506, ihe orang a past fe y the great | heocean. In addition to the great - o AT R 3 : ; reflected in a tendency toward in-| *EMET ST b s 1241 Jackson Sty tawn lare that are about regarding the & lidal movements—there are squalls, X X - s - creased construction of commerciall f. B MEOT 10 QUG 12 Feache: & steel mergers, Roger W. Babson has 8 ’:u;;;l";;arlm;_-h of calmness and S = 5 7 2 > types of bulldings. As the country | S'3ie! JP7INeR to build, 2713 Keo- Board will made the stock market the speclal|Sarches o cortain. peronorse A2OKST : i 5 > &> s > Adjusts 1t Lo the more active busi-| gy street: $9,000 Another eany morning start will [ subject of this week's comment. the mariner at sea. - : 2 mess conditions that seem likely to| ‘s *H i 4 G to Buftd eigh . This b 3 & ¥ 4 o % P i . ._Howenstein, to bulld eight be made from Fresno, the route o far as the long swing goes |strongly suggests today thar rhech ™ R L 4 i y : ‘ :::“:,’,’."t’;‘,."f:;,:’.,”(‘y',:'l",:e”,':;,:l?,‘;"‘ homes, 710 to 724 Kentucky avenue being through the famous grape and |says the = statistician, “everything)may 8oon be & storm in the siei CE i o 5 g i tion 8f office buildings. industrial | SCutheast: $32.00 . fig districts and then into the grain, { looks well, both for the bond market | market for many months ey Scocs h S i . i s hore sullaings. industrial| 3 ‘Tolstol, to repair. 3295 and gattle and dairy sectlons of Madera: | and for thé stock market, We are en- [at points there is pressure whick 1s 5 ; - ’ . B tras e o pner [Tmos O |at wivents §2.00 Merced and Turlock. Luncheon wili | tering into a period of low money |not natural. The optimistic tors o 5 o - “Inquiry for capital to be used in| . 5. Downing. to repair. be served at Modesto. after \which | rates, which ‘may extend over some | which has been characteriatic of The = = 5 e - : - erecting buildings is strong, and as | S¢St southeast: #1300 - the cara will wend its way overyears. If so, the bond market Will market for many months tas tm * 4 ’ s . conditions seem quite well stabilized { ( FLETTY, Sherby, to bulld five etores, the Niles Can, highway to San | continue to ciimb upward for & siml- | porarily gone. The rumor monsies . - at this time and the demand for 5946 o 5954 Georgia avenue; §10.0 Jose. thence northward through the |lar length of time. This does noh and tipsters are again doing business. B e s % A buildings far exceeds the supply,| Ordway Street Building. ming prune orchards past Le- | mean that bonds will advance as much | Insiders who have been accumulating . - o i o - there is every expectation that these E. H. Shaw, to build, 3602 Ordway anford I'niversity, at Palo | next year as they have advanced this, for some months are known to have| B x 3 o 5 g %R Y ' inguiries will continue active. | street; $5.000." g 4 nd the old peninsuia country | vear. nor as much in 1924 as they will { distributed their holdinge, Thay ors ; 5 - ; . : ; | ; districts. Ten imiles outside of San |in 1923. Moreover, reactions will oc- | now waiting for 1408 U S sherta - . === i . Wilkinson, to build, 1331 Ge- il & i x 10,000, Francisco the caravan will be met | cur now ar then. ’Il:jh:eg::ren:l'::::‘- :{::l::;(chnnee to get aboard befora into certain other stocks, such as the L Vg, 4700 e aco Tanliy Manrl Bodaun Ly T RO et yeats :'le"d movement. Upper—View, from forty-foot hillside, of Harry Wardman's apartment eperation at Connecticut and Cathedral | Pooter siecls I¢ the public ‘:nx'll‘%“‘é“;; T DI den w5 eel Merger Talk. avenues, showing wing of the building on Cathedral avenue under comstruction. i 2 4 s, to _bu ight dwell- the Tl Peake rovi main Market Not at Zenith. “Regarding reported .[,:l Lower—Photograph taken from Cathedral avenue, looking morth. Part of the foundation of the bullding fs | SXactly the opposite from what cer-|ings. 1101 to 1115 Maryland avenue iew of the Golden Gate, into the “The stock market h :othyfl T will say that there has be. mer": | whown in the right foreground, while in the background are ovels at their task of removing the hill along o ;fl ‘B‘;P:;"" the Io';knu"! {f" Ly norlh;axlla ,1"":” St S | City of the Hills. ; its zenith. Those who have en much | Connecticut avenue. R it do. . Beall, 'to ‘build, 4217 ’ ‘Directly. the inr:'llhlt\nn of the Cali- ;flcghkfld securitiea and have lhe‘n‘;m(lr: ;::fi( abm‘:ft this. so much so that it -~ ;:'!h:ezgm fi;,rel:;’g?:ggnn;;un::; '“;: ;;‘“i;‘f:';’r'.." Dool.m M s orni ors to el s i 1d not worry s as If certa v > . : L 3. lord, te an apart- e Tt e e eirl suents | ke b B AU el or T son | Mo v ot eag] el Were USING | vestment of about one billion and & half) wanna, Midvale and the rest For|tain New England raflroad stock, and @ feal estate man having a hOUSE|ment house, 1433 Chapin strect; $25.- tour had been received by the mem- | flicting rumors. We have only atart- lll‘;flif‘lon-o! the combined Betnichom | dellars. ]Q’g’,’.[:.‘"&‘.',",",’:",i,.,",‘.f,:,':‘dfl""‘2{.‘:.1 my reply, mmfl?‘g:';r‘n.e”t‘n:m-;og Painted thet he y 18 p 000. her be ) 3 iona ssoc! at, broad movement in the [an ckawanna co: : g el t 2 3 tion, & anc o B Fkets. which will take | $200,000,000, ioonies is about| When the earnings are consldered use, 3704 the Los Angeles Realty Board. Chi-|both bonds and stocks to much higher with Repubilc, | instance, for an average period of When Stock Is Due a Rise. G cago led off wire. with a_request | pri The United States of America companics pro-) years the Bethlehem —and. Laskas| ‘onsidering poor condition of steel [ jriigoll povsbedn shaken out, then Compared ‘with & low of 23 per | home, S8 0th street: $.000 & participants; | h: ways been a great country, but Is about $350,000,000. | wanna show gross earnings of about | business at the present time, it rather | tnogioel 1 aué for a good rise” The 5 The Babson | C. Faliinserird, o baitd ‘ninh e tate Board |today it is the center of the world's ¢ Consolidation goes | $350,000,000, while the Independents |looks as if a concerted effort Was be- same principle. applies to American e 5 i ] followed with a request for a similar | production, distribution and financ- | d mean a capitaliza- | mentioned above show gross earnings | ing made by certain parties to get out | SiT PUACRIGL ARDUES t0 AMericen e R R | number of places in line, and Wash- | ing. If it is two years before we are - It s pro-|of about $450.000,000. Thus the total|of the stock market, or at least to &t | Apnarently an.expedition has been|would have us believe really exists. s'-'.rfo'n’ 3 pair, 2102 ingon the eastern delegations, | back again in another period of pros- 2 ancqual | gross carnings of the combined com- | out Of steel and Into copper Or Some. | ALPATently an_expedition has beer | would have us belleve really existe ogn” T with three reservations. perity, it will be two years before, revival of the United States Steel Cor- | panies would be not excecding $800.- | things alse. Some one asked the other | Sr&3RIzed fo get the publle out ofiStedy the trhe Honqam o e st o PNt Tase) poration, which has today a clear in- 000,000, including Bethlehem, Lacka- | day for my opinion regarding a cer- PR SR et ee—————————————————————————————— O 0 22 FOR SALE . Three New Beautiful New Detached Stone Homes ' Mt. Pleasant Homes At 19th and Newton Sts N.W. In Washington's Most Exclusive Suburb Replete With the Best Features CLEVELAND PARK of Construction and Finish urks 000, their holdings the low point has not | story as to business conditions. This|Brandywine street; £5.0 2 B. W . to build h m business of $1,750,000,000. 1f the widows and children still have| *The Babson chart teils the real| - B METEN R0 S The combined capital- | a similar condition will be found. For Srwie streets $5000° yet.been reached; but’ if the small | now stands at 16 per cent below nor- | Du Knox, Grey Com . A 2946 to 2954 Macomb Street Sample House, 2952 Macomb St. 3208 Highland Ave. On the finest street In this “Queen of Suburbs,” we offer for sale at a remarkably low price a ten-room, two-bath house on a lot with frontage of eighty-four feet on Highland avenue and a depth of 204 feet. The small price and the choice location indi- cate that this house will not be long on the market. Open Sunday, 10 A.M. to 6 P.M. Salesman in Attendance W. C. & A. N. Miller 1790 Realtors Union Trust Bldg. Location Second to None | Iarge Lot 6 Rooms 130 ft. deep to and wide, paved alley. ‘ Terraced,sodded ; Bath and graced with natural forestry, af- fording you a pri- vate ground while TaPeS t,j, overlooking beauti-- ful Rock Creek Brick Park. Noteworthy Features Old-fashioned wood- burning fireplace. Hardwood floors , downstairs. Large kitchen with ibuilt-in refrigerator. Ample closet space. Tile bath with built-in tub, shower and fixtures. New Corner House Near 16th Street 1762 Kenyon Street A beautiful Home of 8 rooms, , 2 baths, 5 porches, garage and many other attractive features. Built-in garage. Hot water heat with instantaneous hot-water heater. Cold stor- age under front porch, room for servants’ quarters; laundry. FIRST FLOOR 3 Large reception hall, colonial stairway, large living room, with stone fireplace and mantel. Dining room, beam ceiling and panel wainscoting. Kitchen, white enamel gas range and one-piece enamel sink. Pdntry with built-in refrigerator. Finished in white and mahogany, oak floors. Bre:g!(fast porch. -~ SECOND FLOOR Four farge master bedrooms, two bathrooms, one shower. Oak flodrs. Large sleeping porch. ; THIRD FLOOR . Two bedrooms, one bathroom, storage room. Beautiful electric fixtures through- out, Lots 53x197. % Price Empbhatically Right and Terms Can Be Arranged Come out and inspect any, day while they last. This ss one of the most com- plete homes ever built, and an inspection will convince you. For Sale by Any Broker i WM. S. PHILLIPS ,A ° Room ‘304, Kresge Building ; Phone Main 6861 S ? * . -Or Your Broker Open for Inspection 411 DaySndny - OR - Thrift Bldg. Co., Owners - - | 8 Realtor—Builder ey T B, M 68 ' ;jzmg N.Y.Ave. Phone Mam4600 19