Evening Star Newspaper, August 12, 1922, Page 14

14 REAL ESTATE. ¢ THE EVENING STAR, WASHINGTON, D. C., SATURDAY, AUGUST 12, 1922. REAL ESTATE. Washington’s Growth Reflected in Real Estate and Building News JULY BUSINESS ACTIVITIES - |HOTEL WALKER. NOW UNDER CONSTRUCTION AT CONNECTICUT|U. S. BUILDING SHOWS INCREASE: - MAINTAIN UNUSUAL RECORD MANY NEW HOMES PLANNED More Than $350.000,000 Contracts Award-~ First Half Year Gives Promise of Big De- ed in 27 Northeastern States, Show- velopment—Operations Are Retarded ing Enormous Increase. ‘ by Labor Troubles. NEW YORK, N. Y. August 12— 274474 in 1920 period and 3,551,23 Building throughout the country|236 for first half of 1321, Orders reached the unprecedented high level | J20Kd are the largest in history- ,540,694,529 1 1 o of $1,700,000,000 during the first|] against 485543417 an half of 1922, against ‘1.963.50040001:;‘240“54'1425 feet, respectively for* and 1921 periods. for! the 1921 period. An unusually | ™, 00 3. 0 PSR eaned miich high proportion involved small oper- | with returning activity from the 1aw ations, with 40 per cent residential. |levels of last year. Some grades are | lower than in 1921 Mill pri o Few skyscrapers or large industrial |} n 1921, Prices Kors yscrap 8 |2 grade of southern pine flooring plants are being erected. Railroads | with a tvpical range av 0 and public utilities are doing only | $43 a thous u:l. 5:.',’51»‘.‘:.:16352: ;:‘v o essential construction. Labor situa-|in December, 1921; $73.56 in 1920, and tion has had a restraining effect. $45.82 in 1919, Douglas fir No Following table Shows Dercentages | fooring sclling at $49. compares witi, of residential, industrial, public! §50.25 in December, 1921: $6285 in’ works and utilities and business| 1920 ana 34« R T Z buildings under way June 30. 1920 Though Portland ccmen f to 1922, Inclusive, as compared With | tion is at a record rer tochn oon. total: « tinue to fall off. Despite June output’ July was the fourth consecutive|ware. Maryland, District of Columbla, month of unprecedented building ac- | Virginia and the Carolinas), amount- tivity, according to the F. W. Dodge [ $% 10 ¥55.015,000. Although this was per cent under the preceding month, Company. Contracts awarded during it was more than double the figure for the month in the twenty-seven north- [ July, 1 d it 2 rom January 1 to August 1 the eastern states amounted to $350,081, amount of work started in this dis- 000. This was a 2% increase over|trict was $310,762,000, an increase of June and 65% Increase over July. 1921. | more than 60 per cent over the corre- It is greater than any previous|SPPnding period of last year. i monthly total except the record fix- S h e I Hermontu s (oial mere ures of April and May of this year.[S15397.000. of 29 per cent, for public The July increa in central | WOrks and utllities; $15,216,000, or 28 western Jterritory, enstern districts|Per cent, for residential buiidings; having shown slight declines. $10.480,000. or 19 per cent, for busi- The July figures brought the total | ¢3S }‘“"‘:mss,d and ss,q.s.ov:,l or 12 for the first seven months of this year PG cent, for educational bulldlngs, up to $2.041,065,000, an unprecedented | , FORCEID LSS mew WOTK FEROLEd figure, 60% greater than that for the|{iring the month amounted to 331, eorxdbponding period of 1921 ntracts awarded during July in July showed a leveling tendency < 5 i L . b o ern Pennsylvania, West Vir- 1922 1921 1920 1of 11,245,000 barrels, ag: not only as between localities, but as tern. = 118 X barrels, against 11,176. between classes of construction. There | ¥inia. Ohio. Kentucky and Tennessee Residential 0% Uk 22 000 for May, s declined from was a decline in the volume of resi-|amounted to $60.013,000. an Increass ST et S 12,893,000 barrels as of May 30 to chic per cent over a o 1 7 B J D3 dential construction from June, which | 3¢ 17 PEr Cent ovel Jung 5od an Drawing shows bullding ns it will look when completed. It ix to contain eleven stories on the Conneetlcut avenue end and nine stories on the | Business bulldin S ire A 70000 b PN citiere was more than equalized by incr: During the first seven months of | 17th street end, with approximately 1,100 rooms above the mecond floor. The total cost of the ground. building, equipment and furcishings is expected Estimates Are Sought. Vot natutirtorers sre ';'w':mhm’h in industrial_and public works con- struction. The figure for industrial year the total amount of con- plants, $31.882,000, which was 9% of |lracts awarded has been $321,086,000, to exceed $7,000,000. The hotel will be owned and operated by the Walker Hotel Corporation, of which Allan 0 be completed about September 1, 1923, mlker In preaident. It s expected | ,q o result of relatively little con- [ R0 dificulty in ¢ demand be- struction for public works, utilities [cause of the e in buildin and Industrial plants, large con-|UD large reserves n the month’s total, was the larges increase of 25 per cent over the > . for this class since November, corresponding period of last year. fractors are not receiving their cus- | Winter month Residential stre v | $17,045.000 Last Month's Total BUILDING LOTS SOLD- ® aicie U. S CONSULAR CHANGES. lTn;n?ry nerce‘m-xe‘ of gross ‘buslnen ?,}‘erzflf‘w §1 still mainta . | Last month's total included the fol- i eir “operations in many instances |40 5 amounted to $108 in July, 31|00 0es t _ are as low as 33 per cent of normal, | auotation 15 an per cent of the mo total. Public | loWins: $17.045.000, or 28 per cent,|geveral Deals of Closing Week Re- mance an rade uondaitions | ;. o. c. Man Resigns and An- One “prominent engineer_states that ahout 10 Geentx sinct Junuary Wi S ilitie ounted to $79.- . v 1 on 0 per cent of the work started | Average pric or entire count Fentn o: 5 ot e ot the il L s AL ported by Realty Firm. Viewed By Roger W. Bahson other Is Promoted. Pince Jamuary 1 was of such magni- | 1921 was $157 and in 1920, § business buildings, $44.020.000, or 13| 4,1 equcational buildings; $7.075,000,| Several building lots were sold | William H. Pickford of the District | tude as to justify his firm in sub- br:flyrc,w”q [marked scarcit f per cent of the total; educational|,r s per cent, for business buildings, [during the past week by the real this well known student of business is writing for readers of Columbia, United States vice consul | MittIng estimates. e i being . bufldings, $40,690.000, or 12 'per cent|.nq°§7,011,000, or 12 per cent, for in- | estate firm of Boss & Phelps. ; Btar an article interpreting industrial and investmant problems, at Bern, Switzerland, has resigned his ogn‘l‘:g’:! for esalhr;at-*s‘ onl darger | Heatlas dobls: Sute of Cureit b of the total. i : y Ruth M. Mechau purchased a lot| i office and will y o 'O er: s are coming in greater T e caste 2 Contemplated new work reported | l‘nnli-m]‘:l?llllg(gnhne work reported | 50 by 150 feet, situated on the north | WELLESLEY HILLS, Mass, Au.riously embarrass our big banks. Tt e, nd will return to the Unlted | (5, *"p ¢ actual construction 1s] turer with normal capacity of during the month amounted to $505.- | qu oo NI RET HOR | R PSS - | side of Emerson street between 13th | gust 12—The German financial ques- | would upset business zenerally. We of. ithe! District, {delaved ‘penaliig Cstabillention | St{f00 bricks & bedr mugs heowill e 1 ';m:"t 'cg‘t':n:‘\”:‘rdr:m $oRtARAIE eeron i 'arrr'a? ‘1“th v::;eeol:vn’:d sh‘yu‘l}-‘*r::geliml'i tion was discussed today by Roger | would not even experience the busi- ,é'mué‘fi,- :n:’xfi:ramuufl’fi!;:a:gg.t:nz His orders are urf- than twice curs O Ralyl Patiame.. contoactad e | O e or oot | Blske: W. Babson, statistician. | ness boom that we had at the begin ) construction being done Is (he fact rent output Principal ‘reasons for England amounted to 00 | 2ina, C emprising Illinols, Indl- | B Catherine Farrell purchased three | «Germany has failed to meet her | Ding of the last European war. Th iveral changes have been made in|that structural iron workers consti- |curtailed production are labor trou- Wiile this was a decre 3 |E5use ondt portions o extiors Mmnsan]lote wbout 45 by 100 feet amchy 10-| oot on the indemnity paye] o S30e8 and chemical weapons)of United States consulates in Mexico. | {ute perhaps the only class of build- i bles, unfavorable weather and fuel cent from the preceding month, 1t | 0T EE Do rHOEs O e e sae.: | cated on the north side of Woddiey | © : at av- | wartare developed since 1913 can br | ilomas ). Bowman of Missouri, consui | In€ Jabor of which there is a surplus. | and transportation difficulties was an increase of 24 per cent OVer |40 the largest monthly figure on re- | oad east of 3‘1"2 sureet, bl: (‘:'1:;:(1)::2: rflt‘"“!-l says Mr. F‘:"“‘_‘“‘vj Z""l ¥ k" inade Just as well in Europe as over | ., aonterey, been transferred to cp:gg{emfigmggggfl,,g:,io';.;‘;;,; July, 192 | | Fark. These lots w ved | any other concern, is judged bank- | here. i the City of Mexico for duty; Paul H : s uly 5 e . |cord for this district. The July figure | Fark These o5 W o \® ready fo ! Juomec If, however, Germany has a | I O% o Joriduty” au difficulty in keeping up with new| TWO SLAIN AT CHURCH. onstruction started In 2 S~ |wus 19 per cent ahead of June and|by detac rupt. We face the same situation|g.jarqy i ; ; ter e »asul at Vera Cruz, land during the first seven months| ... "% h, double th o for | the fall market. This sale was made A friendly reorganization of her finance been transferred to Monterey ; John | Pusiness, steel fabricating plantsare > of this year has amounted to $201.- | Jiie [ghs double the amount for Bradley, Beall & Howard. that we find when & business cannot it would mean much and boom A s, Q. Wood of Hawaii, consul at Tampico, [able to ‘fill orders without “trouble. ot = Vet 110,000, ‘an increase of 97 per cenl|” puii ' ""‘he first seven months of A lot in Massachusetts ::}"e)mle pay its debts. We either have a re- “Q:Emuc!l:;*rfl!:-he-’:lr a-:‘drfg_isr?:‘\,:' e thas been transferred to Vera Cruz. }z’»‘ April \0|umte of ne;\x hu51n0<‘s \u; 'astor an armer ictims as; ©yZr the corresponding period of 1ast| (nis year construction started in s | Helghts, owned b JSRtah, Ih, BRINC | organtzation and try to get 1t back | R0r o r Fiiuaiation, which Keebs al [ yoit eracey s of [orilEn stations have | 50 B S5 retural shobs. 1t has | Rowdies Halt Religious Services. : Included in last month’s total were |district has amounted to $595.668,000, | 7piy %i5¢ 1s 50 by 110. on to its feet or we call in the referee | our foreign transactions in a muddle at the State Department. They | 8ince declined. In May it was §1 PeT | SOMERSET, Ky. August 1%.—Tu v 3000, o |An Increase of 53 per cent over the | TIgB 0L 1800 (E T yn. gold two|and judge It bankrupt and sell its It would do away with the uncer- Thomas B T Lo et cent and In June 66 per cent, accord- . Ky., August B omt " or ratidential buildinga: | CQrresponding period of last vear. |1, {0 ed at the southeast corner | asscts and put it out of business. tainty of the situation and if ar- Janea - Edward J Neston of | Ing to bureau of census. For the|men are dead and another was b $3.657.000, or 14 per. cent, for busi- Included In last mondis total were|or * conpectiout avenye ama_Upton| ~The world is now hsving = eredi- | ranged to the mutual satisfaction of D first three weeks of July lettings ap- |lieved to be dying in a hospital hers O tings: 3553500 o0 per |19 ollowing: § 000, F 24 Der | fireot to M. P, Huddleson. ‘These lots | tors' iceting to decide what is o |all ‘parties concerned it would Eive Peared o show 30 Der cent TAllINg | as the resalt of & gun fgnt at the lic works and utilitl S S are now belng improved by the erec-|be done 3 V. G the whole worl o con e off from tonnage awarded for June | S s =2 3537000, or 5 per cent. for edut | 25152800, or 23 per cent, for resic | 1S " our brick houses. present time, France, the largest|nseds at this particular time. It period. " Actual operations are. be- | close of religious services last night; A ereentiton | dential bulldinge: oi1:506.000, OT, 24| A lot on Emerson street near Geor- creditor, has been taking ,fhfhf";’fll‘x would “sizngthen) business evary- tween 50 per cent and 60 per cent of |at Mount Victory, near here. : te ew work e plants. an v sold for Adelaide N. | o sh, s only withi ¢ past | where. e greatest part o he capacity. S r e e §61,000. or 10 per cent, for educa- | Ei%, 8venue WAL G, 0T Tils lot s | few days that she has offered any | benmefit would be felt in America. 1|siderable readjustment in Germany's | 2re oA bestacbr Sy pentn gusing the monih amomited ¥ 8% fional bulldines: DA€Y 'on the corner of an alley | other proposition. Now, however, | certainly hope that this will be thelpanking circles. 1t need have Mttl oo o e Sen Il LUNeR b ERCwe i B18,000- | Contemplated new work reported | 234540 Dy 85. France sees that if she will let Ger- | gutcome. =i . ®| Lumber production is rapidly ap-|Killed. and Eilis Richardson, another, Other States Show Gatn. |during the month amounted to 3153, S lots at the northwest corner|many off that England will let| “In the meantime.” concluded Mr. | ®/fect on the real credit of private|proaching high figures of 1920. the |farmer. seriously wounded. Tolice Contracts awarded during July in 000 of Georgia avenue and on street | France off. It is understood that z | Babson, “we must remember one |firms.” banner year. For the first half of |said they were told that Dykes, Rich- New York state and northern N uly building contracts in Minne- | were sold to C. A. Bynum for Thomas | French ambassador is dealing with thing more, there is a distinct dif- * ok ox % 1922 production of the seven largest |ardson and several others sought iy Jersey amounted to $76.456.000, a de- SOfa, the Dakotas and northern Michi- | X *E,{{{van, These lots have a front- | the United States government at this | ference between Germany's govern- | General bu ¢ :intaining its| lumber manufaciuring amsociations | break up the service, and after it wa crease of 4 per cent from Jurie, but]an’ amounted to $9.008.000, a de-[A SUPTAY (T IGogla avenue by | time, in the hope that the republic|mental finances and the finances of | recent improvement in spite of un: | Was 5.026,559.542 feet against 5657~ over had fired on Nolen. an increase of 45 per cent over July. | Crease of 24 per cent {rom Jine, and |33 0fh'or 120 feet on Allison street. |may’ be released from some of the |German firms and corporations. The | favorabie sentiment created by coal ; The July decrease was in New | f 28 per cent from July, 1921. Pt 1enn F. Jenks bought a lot in | debts she owes to us. These later|credit of Germany's government is|and ra:l strikes. The Index of the : York city, the remainder of the n1x<-“hT"r‘]-*1(-;nnflrucnon started during | yrociachusetts Avenue Helghtsowned | developments are favorable, Inde‘;d. almost nil because of the tons of | Babson chart shows that business|ff—————-—u—— 8 wict eliowing an fhciease, he |mounted 1o 355,453,000, an aeroass | by Sarah F. Maher. This Iot ia about) and sliongly SubEess B o ree 1 | To reasam. "The banks sre alss in| howr,%,Per cent below normal.No [ Vv : From January 1 to August 1 the famc N ,433,000, ncrease ¢ 120. reorganization of G | to redeem. e banks are also Inichange since last week. . amount of work started in th is-fof 11 per cent over the correspond- 5“::%:::; alley lots situated between, possible. a rather uncertain position because ¥ | l N E S I l G A I E ’ trict was $556,996,000, an Reriad of llasciyear. 17¢5 end 18th streets and morth of | “If France, on the other hand, were | their cash assets are of very uncer- | = I : 56 per cent over the corresponding | luded in last month's total were: | yggsachusetts avenue were sold to[to march an army to Berlin, and to | tain value. The private firms of | period of last year. 038,000, or 25 per cent. for resi-|p, p. F. Prince. This sale was made | collect the pound of flesh by force.| Germany, however, hold real prop- I l‘ar e Colored 'I‘}‘eater 2 Included in last month’s total were: dential buildings. $1,829.000, or 23|, Abraham Spear. it {8 quite possible that this might|erty, factories, 'machinery, land A N B: I . g $33,389,000, or 44 per cent for resi- ?"r;ozenral" l"rfiledumtlonul buildings; align Russia, Italy and even possibly | equipment and merchandise. ~ Most of ew Dungalow 1n | C ly 1 4 i he s 4 tles: $12,017.000, or 16 per cent, for | cent. for public works and utilities. |ciation has set aside Saturday, Octo- | would be an undesirable situation|permanent value. The reorganiza- west colored section. Seating capacit) ness bulldings. and $9.891.000, or | Contemplated new work reported | ber 14, as the date for the annuallfrom every point of view. Such ac-|tion of Germany's finance would up- of 500. Building is fully equipped and 13 per cent, for educational buildings. |during the month amounted to $13,- | observance of “Candy day” through- [ tion would undoubtedly cause a panic'get the Germany government's finan- Toes hanione Ve N Ts et * Contemplated new work reported in ; 630.000. out the United Stat. in our stock market, and would se- clal bureau and might call for con- I, S T e year old. on s July amounted to $150,709.000. i theater there are four large stores. all “ vania, southern New Jersey. Dela- ! it suitable for poolroom, dance hall or for : ’ ° ||‘| division into offices. A real money- ; ameson- omes Don’t Put Off Buym a Home f =S tihoniy : The Tiffany Three Sold This Week . g g I Appl P? IL; e IL;M' l\l;}-“T Dept : The fall rush is about to begin. Homes at reason- { pply to business r'roperiies vept. =) 1925 16th St. N.W. Corner of Alabama Ave. and l i . able prices will be scarcer as the winter season ap- 11th St. SE. —an apartment building of 1026 to 1058 , proaches. We have the largest list of houses for sale. flr];?lra:ci:“\(l\r\l’fi r{::é'x‘-'oo;‘al.h aeh: il N. L- SanSbul'y CO., lnc- the highest type in Wash- WE DON'T BUILD HOUSES; WE SELL THEM.-— dining room and kitchen. Lot [{ ] - 1418 I Street N.W. Telephone Main 5907 ington’s exclusive residen- tial district— NOW OPEN FOR INSPECTION 4 rooms, bath and break- A. McNeil & Co. 605 McLachlen Bldg. Main 5844 consequently we are always on the job listing. QuebecPL.N.W. North of Spring Road WE handle houses of every type, in every location, and can meet the terms and price of every one who wishes to buy a home. Watch our classified advertise- ments for genuine home bargains. If you have a house for sale, list with this office. 1f you want to buy a home, call for our list. N T = HOMES WITHOUT COMPETITION Six large rooms, H.-V H., elec. lights; double floors, tile bath, servahts’ fast porch, $125 per toilet, wazhe:rays:\:i_ou-bil: =3, 5 y 7 T e S & " || GARDINER & DENT, Inc. Positively the Best Location in the City CLOSE TO 14th STREET CARS 8 Rooms—2 Baths Exceptional conveniences. Built-in tubs, with show- ers; electric vacuum clean- ers, floor plugs, private tele- phones, etc. . Main 4884 717 14th St. NW. Price Less - . Than $8,000 FOR SALE BY Tos. A. Jameson 906 New York Ave. NW. Main 5526 . Owner and Builder Ask the Man Who Owns One Early Inspection and Reservation Suggested Swartzell, Rheem & Hensey Co. 727 15th Street N.W. Telephone Main 378 4 Left (Just Completed) 4 Sold Sample House, 702 Kennedy St. N.W. (Take 14th St. Car Marked Takoma Park or Ga. Aze. Car) | I | e e 2 77 The New Holloway Subdivision WHITELEY Building Lots and Garden Plots Sold under our usual liberal terms of small cash and easy weekly or monthly -payments 700, 2 We had hoped to have this property ready for big opening on Sunday, but as this will be im- possible now and as ?ulge a number of people have been_ waiting, we shall have to show_the property before completing our projected preparations. Come out Saturday afternoon or Sun- day, you will be able to see just how the lots will be, their location and elevation and the hun- dred or more good points about them. Just think—lots right on subdivision fronting trolley line, n sight of Capitol Dome and ‘Washington Monument. In direct line of the greatest tide of travel to and from Washington, Baltimore and New York, where the developments surround- ing give absolute assurance of future advancement, in close touch with all modern improve- ments. Get in on the low prices that prevail NOW. Lots low as $125. Terms low as $10 down and $5 per month. BE ONE OF THE LUCKY ONES. We have only a limited number of lots at this location; we know there is not near enough for all who will want to buy soon as they see them. Don’t let some one get the lots that should be yours. The best buys are always picked up by the people who have foresight enough to go early. How To Get There Take Trolley at 15th and H Streets Northeast Get off right on the property— WHITELEY. Salesmen on property every day. - EXHIBIT HOUSE 5303 13th Street N.W. These Homes are 22 Feet Wide To Inspect Take 14th St. Car to Ingraham St. Don’t Fail to See Them Before You Decide Open Tpday and Sunday Several Already Sold D. J. DUNIGAN 1321 New Yrk Ave Pne Main 1 AR These beautiful homes contain six large rooms, tiled bath, hardwood floors, hot-water heat, electricity, roomy closets, large front and rear porches, deep lot to -15-foot Il alley and many other modern improvements. Your inspection is invited. Open every day until 9 _R.M. Salesmen on premises. Phone Main 3174 for ap- pointment during week. A Arlington Realty Co. Real Values in Real -Homes 1627 K St. NW. _ Main 3174 e 2 2 T I, COUPON The J. W. Holloway Co. 1110 F St. N.W. = Send me full particulars about lots at Whiteley, ‘without obligation to me. NRMO cocovnvecreironncrucceriecassonnacesssnencs . 2 e e 267