Evening Star Newspaper, July 29, 1922, Page 14

14 REAL ESTATE BUILDING PERMITS $everal Large Apartment estment of more than three-quarters | of P 1o m by el & n con- R e il amounts registered for New York W, €, to build 4324 1S8th city, Chicago, Philadelphia, Los oo (o bulld 2320 | Angeles, Detroit and Cleveland, in the dracy piace: ¢ !order named. Peter Bi Ridge road| When It is considered that the six ; cost, $1.000. | citics which led the National Capital dear Calve northe T Ro! allingsford and J | list month. Tt might be thought that, Connor, to build ten homes. 1411-14 | with o deplorable coal strike running | Paylor street: §70.000 {in fifteenth week and with an Taylor. Motor Company. to repaif|equally disturbing railroad strike 824 14th street; cost, $60,000 . lrunning into its second week, there CH. ynor, to’ build i809-1811} would “show signs of letdown in Kearnay FAbraham Ghamplain s t 4 i b QuildApartment 132 #30.000. > Alb ar _in fw. € and A. N 8 e fotaled $247,192,158. It must be added 4052830, 25th street; cost, $20.0 i that May ns showed a 16 per cent + Thopnes L. he, jr., to build wer ilreturns Walnut street: cost, $4.600. | 1 A. Stein, ue; cost, $10.000 Ler all but four passed the million i\ alker & Co. dollar mark in June. Thirty-one have 1931 Jenifer street an average monthly valuation exceed- s cost, $14.000. ing one million doilars. This is a re- P AL K to build Jfl‘“'“fvm.rm.lv\n tribute to this year’'s first mreet; cost. §1.500. { half construction activity. S | New York oughs) heads the just a gain over May's 6 N n a w th ¥ 4t 4 new addition to Petwol The | losses in citles not appearing in-the | gract. purch million-dollar class i B This fact becomes more apparent ! Buni "% . Tel. Hyattsville 133-W : ashington’s Growth Refle CAPITAL SEVENTH IN JUNE BUILDING DATA OF CITIES B "]TM' $750’m;$5,910,785 Valuation of Permits, Beaten Only ]Jy Centers of Greater Population and Breaks May Record. shows a very healthy tendency as far as ‘promised activity there may be witnessed a marked slump if certain industrial conditions are not soon righted. Some of these con- ditions are inside the industry, as for instance a nation-wide shortage of bricklayers and plasterers and more or less scattered shortages other skilled trades. In order to keep building activity on a sufficiently high plane of action ‘ to build for our national needs, there must speedily be set in motion com- prehensive plans for the training of skilled as this lack is, Houses Listed in Week’s Report. Washington attained seventh place in Construction operations for a total in- 4 P the list of cities having large con- million dollars were recorded in | Struction totals for the month of a o < o rec ; e office of the municipal building in- June, according to flgures prepared | by the American Contractor. This ector this week. Several large apart- ¢ bulldings were projected {city's permit valuation total of $5,- ent buildings were 3 | 910985 was exceedeq only by the 19th street { all have populations several hundred thousands of persons in excess of hington, the building total for city places it ahead of all cities pproximately the same size. June total here exceeded the fizures by $874.505. first six months of the year W ton builders took out perm ruction work costing Gains In Constructl istics _tabulated by the publ how that the country in gencral ied vastly in construction during H. W $1.200. to build, e ad; cost, $15 Two Permits Wardman, road; cost. to Wardman. to build During the ashing- Ty Ty Freund, ad: & Co Webster jore Colnmbia st, to b street; June building permits fail this sign and indicate a 70} in over comstruction in t northeast; eicher, to ; cost, $5.000. ild three tr home K 3 2 15-19 n street; €ost.|dollar gain over May of the present 000 year. K to build 4317-4321 Fes- [ qy al reports from 196 cities nden . $10,000. | to the American ntractor show that during June 63,658 permits were ssued whose imated valua- Plans $35,000 Apartment. | | ot .539. canill partment 13211 50" 951 Returns from the | 4 street 100 : for June, 1921, gave an C.. Hazer B. aluation of $147,230,170. 199 cities for May of timated valuation from ght cities in the Out of this num- There are forty to build 3512 Georgla ave- | hilion-dollar 1 stands second in Chicago but June permits of volume, poir ROUP HOUSES FINISHED s {Show a slight decline from~ May | feet; ew Grant Circle Residences COn- | izyres. Detroit shows a very heal s | from its exceptionally’ heav sist of Six and Eight Rooms. valuation. Philadelphia regis- Completi three groups o a heavy gain nses at on Varnum H June Gain Pronounced. 1 4th stre ed this week | The June gain is more pronounced e building ¢ on of D. J. ! the larger cities. This is proved an when 196 cities for June are com- | 891 operation Inc 3 cities for May, -very nd eight rooms ch. v les a five-million-dol: 2 n being shown, whereas in the above tabulation of forty-eight/cities for June there is shown a twelve mil- lion-dollar gain over May. The dif-| ference is made up by actual June ith e houses hav numerou. shed are part | tings just ; comprising -home proje | when the twenty cities furnishing the | ® | long-tin American down_to its finality the gain from New York. The metropo- ows a nineteen-million-dollar gain. | anding the fact that June ! bounded on the ¢ h road. on , on the west the th by v | Traced pshur | lis 1 © Notwiths 5. Priced Right—Inspect at Once 1103 Clifton St. N.W. Beautifully arranged six-room and bath house opposite Central High School. In excellent condition. Containing every modern convenience, Wornderful view over Washington. Owner leaving city must sell at once. Reasonable terms can be arranged. 1486 Newton St. N.W. Attractive seven-room and bath brown brick house. con- ing every modern convenience; hot-water heat. electric . iront and double rear porches, etc. In excellent con- dition. The best buy in Mt. Pleasant west of 14th street. Reasonable terms. 235 Ascot St. N.E. Corner house in this delightful section. New; six rooms bath; a. m. i.; built-in garage. Ready to move into. Terms: $1,000 cash; balance monthly. 1374 Taylor St. N.W. Attractive seven-room and bath house; comparatively new: a. m. i.; front and double rear porches; garage. In ex- cellent condition. Owner leaving city. Reasonable terms. HARRY WARDMAN 1430 K Street N.W. EXCLUSIVE AGENT 2tdl and Main 4190 Main 4190 For Quick Results, List Your Property for Sale With Us LIGHTBOWN BUNGALOWS At Cottage City - $5,350 to $5,950 DESCRIPTION 5 rooms, bath, cellar, furnace heat, electric lights, gas range, kitchen cabinets, concrete walks and concrete road- | awvays and good size lots. I Price, $5,950.00—Terms &5 monen $54.50 Monthly, Inc. Int. | HOW TO GET THERE - » Take cars out G St. NN\W. marked RIVERDALE, Berwyn, or Laurel or Beltsville, and get off at Hoffman's Store, Hill St., Brent- wood. Any one will direct you to Cottage City. - Chas. M. Lightbown 23* <« Post Office, M. Rajnier, Md. men, been off the job. coal. hauling. break soon, upon the resources of the railroads. MOVEMENT OF LUMBER UNAFFECTED BY STRIKE Adverse industrial and transporta- tion conditions have not caused any unusual let-up in the lumber move- ment for the week ending July 2 it was announced today at local head- quarters Manufacturers’ Association. ‘Although only 368 miflis were re- compared with a normal number about thirty production was 224,534,859 and or- ders, 206,952,446, the increases over the same week of last year being, re- spectively, 59,677,375, 69,447,550 feet. ported larger), !have normal the week, cent and orders 92 per cen For the first 29 weeks o ending July lumber by the zlonal associations, is concern in the construction indus tradesmen. However, For elght the ordinary processes whose duty it to the cars and perha vide call and that means a of the National in operation (as shipments, 214,745,867, Corrected flgures the week ending July 15 show pro- duction to have been 219,131,971; ship- ments, 221,781,681 and orders, 186, The relative falling off in ders Is doubtless attributable to the effects of the strikes. Actual production was shipments 91 per cent and orders 87 per cent of normal weekly production. for the mills of the associations that production standards. Stated relatively to the reported pro- | duction of all eight assoclations for | were 96 per shipments the v the production eight softwood a3, 5,901,915,596; in some grave it does not present such immediate obstacles as confront the industry as a result of the rail strike and the coal strike. There is impending. or rather far on its way, a car shortage which will lead to vexatious delays ‘and dimin- ished constructi 1ot enough new cars have been pur- ¢ |chased by the railroads to take the place of those reaching the junk pile through wear and tear. For two weeks, shop- is to make the little repairs which result in needed big repairs if not made in time, have This means’ more cars running with slight defects; means extra haz: the freight. Now when the coal there will be a nation- This will be answered by the | crippled railroads as best they can answer, but it is to be feared at the present time that the occasion will demand every open top car for coal The big crop movement will tax -ars strike ends, Lumber 65,524,393 and 94 per cent. | reporting week- shipments, 7,955, and accumulated orders, SMALL HOME BARGAIN ed, try Apartme: northwest for embasxy purposen. of nine rooms, foye: of their families. be bullt by THOMAS CIRCLE HOUSE Ites & C to for Be Remodeled. Front to Be of Indiana Limestone. Remodeling of the building 14th street northwest, just south Thomas circle, into a modern located in temporary 14th street, is planned, nounced today. it the ground floor, above. limestone. The interior will rooms, tellers’ cages, ladies' and a directors’ room, all with marble and mahogany. will also be a commodious money and safe deposit boxes. Frederick J. Rice i bank, announced that the organi tien expects to move into quarters about October 1 comprise room treate for or- the 692.352, 9 feet pite contrary prices, according to the 1,685,050,176 and 1. o 1.609, eports, show little or no rising the continued heavy demand. the mill ( in 1919, October, 1921, is in May which sold _at prices) for $4 1920, $43.93 | $45.90 in December, jby census at 34374 ar of re- .56 In Chevy Chase Unusual opportunity to secure 6-room and bath brick house, 2 blocks from Conn. Ave. cars; large front porch, h.w.h., open fireplace, oak floors, elec. and gas lights, garage; lot faces on 2-story rear porch, built-in two streets; just papered, painted and floors varnished throughout. No. 5312 41st Street Between Jenifer and Keokuk Streets Open Sunday for Inspection QUINTER, THOMAS & CO. REAL ESTATE FINANCING 819 15th St. N.W. Twih Sliding Screens—the best for casement win- dows. adapt- dows, where the Austral or pivot- ed sliding sash is used. Main 8416 For Windows For Doors For Porches We make and install Screens so they actually keep out Flies, Mos- quitoes and other Insects. Tacks and nails are never used in construction of our screens—wire is secured in frames by our special lock-strip method; frame corners fasiened by the mortise and tenon joint construction, doing . away - with unsightly braces. Phone, deliveries on all orders. the old English style of architecture. Structure at 1121 14th Street to 1121 or home for the Guaranty Savings Bank, now quarters at 1119 was an- The instituticn has engaged B. Stan- ley Simmons, local architect, to turn the structure into banking rooms on with apartments The front will be of Indiana | copper and wrought iron officers There ault for president of the its new | ,589, the respective increases ke period of 1921 being lumber a collected | directly from the mills by the Bureau of the Census, Department of Com- merce, and the Department of Labor. reaction to \ical southern pine grade of flooring | and | quoted of this | quakes a d house which will be erected at The bullding wi and four baths each. facilities for entertaining, and were dexigned to accommodate diplomats and | i 'SCREENS call or write for estimates and samples—prompt | Humphre: | Whttl {homes being construct The apartments will The buflding will be of light brick and terra cotta construction, after The structure was designed and will ROW OF 20 HOUSES TO BE HOME OF BANK | NETS BUILDERS $150,000 Deal for Property at Seventh Longfellow Streets An- nounced. ale before compietion of the e row of twenty new homes e Morris Cafritz Company at 7th ts for $150,000 and Longfellow was announced pany. Wiih ner house, which sold for $8, ought §7.450 1 on Longf reported as fo Flete st today by the street, . Ml were MacFarland, Stein, 613} and 619; D. Goode, Loui: 5 Harris ank H. Little, 3 H, Polyton, 37, and B R. Landes, 639, These homes are of brick, with nial front porches, six rooms, tile bath, electric lights and rear porches The work 635 on the additional e low strect betw 5th s is well under way expects to have these ready for pancy, by the middle of These' houses will be si Just at and T to h. Work on Kressing, Mr. Cafritz reperts. on ihe average There globe. AND FOR RENT Down Town Excellent Location Reasonable Rent INC. 1334 H St. N.W. Phone Main 1028 Spring Sliding Screens, arranged to slide full length of window, mitting_ v en tila tion either top or me of our styles Sereen Doors; there are many others; various types of grilling. Woodmard & Lothrop MANUFACTURING PLANT—MAIN 5300 S. CAP., CANAL AND D STS(S.W. 0 Masxachuxetts avenue | contain eight apartments ve mpecinl exception of the cor- lows er, William | *olyton, i 21; W. & | ! i i d on Lon completed on Longfeliow strest | & ed the market building Cerage | Georeia avenue and Park road is pro in v in different parts of th Office Rooms HEDGES & MIDDLETON ‘THE EVENING STAR, WASHINGTON, D. €, \SATURDAY, JULY 2§. 1922. and | i ntire | ted | com- each ellow A 603 H 604 A1 617 625 . 6. : Abra DeMont- and | colo- h contains 0od floors floor sockets and leven | 1 | depression |industries which have been ‘tified in | tr: "ér::l trend of commo WELLESLEY HILLS, Mass., July 29.—When Interviewing Roger W. ] ! Babson regarding the railroad and coal strikes, Mr. Babson did not seem surprised with recent developments. He belleves that things are working out in = natural way, and all inter- ests are doing the best they can with 2 bad situation. What seems to in- terest Mr. Babson most is the possi- ble effect on prices in general fol- lywing the strike settlements. Dis- cussing this possibility, he says: *“The strikes, while in progress, nat- urally put a general damper on busi- ness.” They have a disneartening ef- fect on producers, jobbers and re- tallers. Wage-workers have less to spend and manufacturers are less in- terested in pushing their business All of this tends to hold up trade in general Yet during this period of strikes people are living, eating and dressing just as if no strike existed. Houses are deteriorating, young folks are getting married, children are be- ing born, clothes are wearing out and merchandise in general is being con- sumed. If Adeterioration and con- sumption were suspended during the of labor strikes, then strikes must be good for the country v, however, the consumption goes though retail purchases de- deterioration and on e cline. Rash Follows Strikes. “This means that after strik | settled there is a general rush to buy. The wage-workers when returning to work again feel prosperous. They 1d their families rush to the stores d purchase goods. The group of involved in the strike immediately receive an avalanche of orders. They in turn feel prosperous and order new ma- chinery and quantities of | This sudden increa bothy wage-workers and employers is quickly felt by the jobbers, who in turn pour in orders upon the manu- facturers, “The immediate eff. use a tempora reity of goods, which in many instances results in the raising of pri Therefore, I should not be surprised to see an in- rease in the wholesale price many products this fall. In Some tiong of the country there will be distinet shortage in some lin #oods. Merchants, therefore, are jus- tocking up now for fall and Those who have con- cts to fill should see that thesc contracts are well covered. When business is so dull, as it is at present. it is hard to beheve that a few months can see a radical change in the situation. Such is possible, al though price increase may be mor or less of a temporary nature. T say ‘temporary’ because after the next spurt in commodity prices there will 2 be another break, which ke the general level even swer than it is at present. After this next upward movement the gen- v prices may be downward for some years to come. Upward Tendenck ct of this is te winter tr: .m! Mr. Cafritz oceu- Octover. | those at { { outlook | predict further ‘advances 1, three | e “Some of the basic commodities are ready showing an upward tendenc igar, for example, which has been such a drug on the market during the t two years, has already beg strengthen, and people are well justi in agaln buying sugar by th arrel. Linseed oil is firmer. The d. nd has greatly improved and is very much brigh m; linseed and should not 5 raw linseed ofl sell for $1 or over. This is the ger result of the large amount of building now in progress be surpris Thirty-foot porch. Concrete basement. Laundry trays. White enamel stove. Price, $5,250, exclusi This house will be built,on a lot of your own se- lection. Other houses for less money, other houses for more : money. Our sample house combines the con- veniences and re- finements of a high-class apar ment with the ad- vantages of a de- 4 tached house Clarendon. 2. Take bus at 36th Finance and Trade Conditions Viewed By Roger W. Babson Saturdsy this well known student of business is writing for readers of B Btar 2u arcicls interproting industrial and investment probloms. to see | Tiled bath with shower. Hardwood floors. Open fireplace. * Folding glass doors. Built-in bookcases. In-a-door bed with dressing room. Pullman breakfast room. White enamel cabinet. White enamel refrigerator. REAL ESTATE. and the consequent demand for paint. Cotton is still strengthening. The re- cent estimate published shows that! the 1922 crop will scarcely be suffi- clent for the world’s needs. Still higher prices for cotton may be ex- pected. Steel prices are firm, with rising cost of production and a fair increase in demand. Both coal and coke prices are strong. Pig iron is in | fair demand and strong. Zinc is more | active, and while prices are low they are firm. The same applies to tin and especially copper. Copper is the last metal to feel the effects of price movements, and copper is sure to sell higher during this koming year, fol- lowing the strike settlements. The basic commodities which now look weak in the market are lead, rubber and probably petroleum. Peétroleum is in a very interesting position. The market is controlled, and there never was a time, even during the palmiest | Standard Oil days, when the oil price situation was so under the absolute control of a few men. On the other | hand, there is a tremendous amount of oil in storage, and statistically the ol situation s weak. Although 1! -annot get any one to agree with me, I believe that oil 1s at any time liable to break in price. “What will this mean to the stock market? It looks to me as if this| would be a benefit, especially to the industrials. The clean up of the!| strike situation should help the whole ket. However, any stocks pur- chased now should be selected with great discrimination, only after care- ful study and consultation. Statis- ( tics, however, clearly indicate that we are still in a bull market, and | the break of the past few weeks was only a natural action in a gener: | upward movement which will not cul- minate for some months yet.” General business, as reflected in the Babson chart, stands at 11 per cent below normal, an improvement of per cent since last week. This week figure marks the highest point since STORE BUILDING SOLD. Purchasers Said to Have Paid $100,000 for F Street Property. Purchase of the B. H. \Vurnsrhuxldv{ jing, 916 F street northwest, by Joseph | n, Joseph Levy, Harry Walsky rles Rosenthal from Helen T. E 1d James W. Beller was an- | nounced today, The structure, uscd for store pur poses, has a frontage of nearly 27| street and a depth of 159 | e understood the property was bought for investment purposes. The consideration was announced as being approximately $100.000. CORNER BUILDINGS SOLD. Structures at 18th and E Streets ' Will Be Remodeled. Sale of the buildings at 1747 and 1749 E street northwest to the Ruth | Cleves Corporation for the estate of James Hayes was announced today by William R. Elis, in conjunction with John H. Clifford, who arranged the deal The structt situated on the ortheast corner of 15th and E streets will be remodeled by the corporation for business purposes. —— The poten en of falling water of the streams in Brazil is esti- d to be about three and a quar- | times that of gara Falls i 3 | ter Ashton Heights Virginia 3 Miles From White House, 22 Minutes by Trolley From 12th and Pa. Ave. HOUSES High elevation. Sewers. Gas. Electricty. Car service. Bus service. i provements. {pied as {ton, Prince George county, Md., LOTS Any size you wish. Magnificent shade trees. Concrete sidewalks. cted in Real Estate and Building News DIPLOMATIC APARTMENTS PLANNED. THEATER BUILDING SELLS FOR 56,01 Fourteenth Street Property Transfer Recorded on Week’s Market. Local investors, whose names wer« withheld, this week acquired posses- =ion of the motion picture theater at 1402 14th street northwest, compris ing a four-story building with apart ments above. The seller was C. W Taylor, and ths consideration wi- announced as being about $565,000. The lot has a frontage on Iith street of twenty-five feet and a depth of 150 feet. The structure s of brick. The theater is located on th: ground floor. Gardiner & Dent, In: handled the sale. Other Transactions. The same firm reports a number «! other property transactions for the week Edna Muller sold premises 1 East Lenox street, Chevy Chase, Md. This is a two-story, Dutch colonial house recently constructed. It contair about ten rooms, several baths, and garage and other featurcs, and occu pies a lot with a frontage of 100 fec on Lenox street and 150 feet on Con necticut avenue. It was putchas: by John C. Walker at a considerati z :stated to be about $35,000. The sale of the dwelling at 2112 Bancroft place northwest for R. I Liggett of Jacksonville, Fla, was announced. It is a three-story brick and stone house, containing twelve rooms, three baths and modern im- The purchaser, who is a non-resident, paid about $26,000 for the property. He will occupy it. Premises 3116 14th street norti- west was sold for the third time i two months. It is a three-story and cellar brick building. occupying a lot about eighteen feet front by a de of 120 feet. The first floor I8 occ a store, with apartmer above. The first sale was made al price of $32,500, W. G. Dent havi: s0ld it to Edward M. Dulin: Dul subsequently 0ld it to H. Bricker $36,500; Bricker owned it only short time before ne sold it at price given as $40,000. Gardiner Dent, Inc., arranged all three of tie sales Three-Story Brick Dwelling. Property at 1627 14th street noiti- west, a three-story brick dwell occupying a lot twenty feet by feet. was purchased by Henry Amos at a consideration said to ha been §17,500. Gus Armstrong purchased four acres, with improvements, near Ox.: Hill, Prince Georges county. Md., & a consideration of about $5,000. M. D. Smith of Montgomery count: Md.. purchased a new six-room bun- galow and six acres of land at Cli- for 10 " $10,000. ’ Farley purchased a part « E.W. if lot 29, square 3137, located on Sth street, Saul's Addition, at a sideration of $1,500. It is understood that this_property was purchascd for the Northwest Christiadelphum Ecclesia. The same firm reports having sold for Boss & Phelps premises 352 Q 3530 Quebec street, Chevy % D. C. for $11,750 each. They were purchased by local parties, who wiil occupy them. s —_— Strap rubber, spread on in liguul form, is used for road-surface dres:- “orm in Ceylon. |1t - = E i 1 Near schools, churches, stores. No interest on deferred payments. Free insurance. e of lot. Community Tennis Court Sample House Now Building To Reach Ashton Heights 1. Take Falls Church car at Mount Vermon Station, 12th and Pa. Ave. Get off at and M streets, get off at Clarendon. 3, By auto, cross Aqueduct bridge, nt 36th aud M, take second turn to right, out ‘Wilson blvd. to Clarendon Station. : “4, By ‘Auto Across Highway bridge, take Military road to Ft. Myer, them by way of Fort avenue and Carthart Road to Ashton Helights. Free autos leave 617 Bond Building every hour during the week for an inspection trip to the property. Salesmen on property all day Sunday. > ~ Kay-Alger Co., Inc. Price, 12 cents per sq. ft., for cash. 14 cents per sq. ft., monthly payments. The finish and equipment ar e such as are usu- ally found wonly in high-priced homes. Our houses appeal to persons of cul- ture, who do not wish to pay ex- travagant prices.