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REAT ESTATE. WALL PAPER COLOR AND DESIGN LARGELY DEPEND ON TEXTURE Rough Finish Has Much to Do With Catching and Holding Light, Due to Small Ridges, Causing High Lights. because it permits minute detail. Papers in strongly presse The color and design of a fine and paper are both decidedly changed by the quality of the surface finish. Color. because it depends upon the |leathers, requi; impler pat way in which the paner eatches the | than does the flatter dumasic surf T s modified divectly. for tné|But it should be a moderately large 4L, 28 MoTHed TS v, | one, for a small design so emphasized surface finish alters the light effect. |would be disproportionate. Leather A high-grade finish will therefore | cannot, however, carry the very large d ake a colo ighter | Mattern, because pressing makes the be found to make & color look HEhLeX | jogipn tnore emphatic and apparently than a flat, dull finigh. But, on the gl larger. Flock printing _aiso other hand, a very rough finish, such makes a design conspicuous=by vir- a heavy crepe. also makes the{tue of the {exture contrasts.. ATy 1 texture device like E reliet color seem lighter because it presents | cXture device like pressing in relle or flock printing emphasizing -design to the light 2 number of broad ridges |requires less decided color to com- that stand out, causing light to be re- ,l;;“s*“" f“r] the te |lurv s:rvnxhh: flected. The ridges are either thrown | Bence polychrome leather is usually into relief or emphasized by small of dull tone and the room that re- patches of shad; In cases where a quires rath trong color support may have it lighter or duller in relief coarse finish lacks these wide ridges, such as a rough plaster finish paper, tor flock printing than in ordinary a darker color effect is produced be- | plain paper. Thus color, design and texture not cause the roughs only enough to create a small lace work of shadow | only have to be considered separately in the chofce of a paper, but also in over the paper without causing high lights. line which 1 (nm the design is relief, like the respect to the result effect of thelr combination. 'HOME LIVING ROOMS | REQUIRE ATTENTION Much Can Be Done to Make Aver- age Surroundings More Effect of The effect of texture on color nat- urally will vary with the quality of light reaching it. 1f all the light comes from one end of the room, roughness of texture will di color more than if light enters fr two or more directions. This cause light from one direction em- phasizes shadows. while light from two directions tends to eliminate them. Smoothness of texture is not so ef- fective in a room lighted from one end because much of its surface is not in position to catch the light and therefore cannot reflect it. Texture. Attractive. Conslderable attention should glven to laying out living and dining rooms of the home, since the family The warmness or coolness of alspend a good part of their time in paper is largely due to its texture.|these rooms. Take two papers of a cold gray colo - . GiBlsr: 5 iies sy oreve i bnt rst of all, the living room should rldgefi the other in flat texturs be well lighted and as large apd com- The former, with the fmall, flickering | ;odious as space will permit. Many shadows that it produccs, will seem | /0 % { i Detaue. he itorplas iving rooms have fireplaces. These shadows and lights gives life fireplaces should have mechanical movement to the eolor. But take a > . warm tan in & rough plaster finish| Lo onts and dampers, so that ”"’] that produces muc shadow, and it draft can be adjusted to conditions of tends to 100k colder, for all shadow | the fire, the wind and peculiarities of | is cool in color. Again this change | the flue. By this means a smoky fire- is increased or minimized by the di- | place is largely eliminated. It is de- rection of light in a room, light froml frable to line fireplace flues with tile, only one end making all colors look | thereby minimizing the danger of eolder because the shadow areas are | fires from defective flues. The fire- greater. This effect of 1i direction | place should be provided with a on texture and color is more no-;dump, allowing ashes to drop into a ticeable with neutral colors Qhun[p'l at the base of the chimney stack. with positive shades because the neu- | This advice eliminates the need of trals have a less decided quality of)carrying ashes from the fireplace their own. | through’ the living room to an ash Design Causes Changes. | pile. The changes wrought in the design|_ In many homes the dining room i so arranged that dining space is pro- are not so conspicuous as the changes| viged in 4n alcove, the aleove being In color, but it is nevertheless im-|large enough to take a bullt-in table portant that texture and design be |and seats. In most cases four people consistent, according to the official | can be accommodated. In homes of magazine of the wall paper industry. | this type, when a larger number of A strong, rough texture requires a |Peoble require seating accommoda- design of large scale, with unbroken { tions. a table can usually be set in curves, 1f the design is small, or|one end of the living room. Where broken up into short lines, the further | fermal dining rooms are provided, the breaking bugh t c px(rwt opening between dining and living an effect of disorgant n. On the | Tooms should be large, thus incres other hand, if there Is placed a strong, | ing the apparent size of the living large design on a fir xtured silk | quarters of the house. paper, it will look 100 heavy for the| It is sometimes desirable to have ntradicts the delicacy | the entrance to the living room hy ace and we have conflic of a vestibule. Often it is well ign and texture. Deli- i New v a fuller, move | Space for a closet for ¢ hats and FET e e T New Houses—$8,650—Upward RESIDENCE OF FRANK NIEFOLD, LIGHT OCCUPIES Babson Urges Holding Bonds In Spite of Fluctuations BY ROGER W. BABSON. WELLESLEY HILLS, Mass, April 28—Bonds have declined since last | September until at the low point of March 27 they were back to the level of December, 1921. have been somewhat dismayed by this turn of affairs will' be particularly interested in a statement issued to- day by Roger W. Babson in which he explains the situation Bond prices.” says Mr. “are governed by a three factors: The demand for good the supply of money and the ps: chology of the times. The combina- | tion of these three set the price for | money (the yield of bonds) which governs the market value of the in- dividual' securit: Buy in Rising Market. “If we begin at the bottom we find ; prices tumble. vested In bonds are used in busines: and little demand for money. of the public and demand picks up, prices strengthen and manufacturers | to accumuiate both wit bestir themselves to take care of new As soon as thesa/ conditions i ple always | | Investors who | demand. ! tions on: the new scal | commerciall loans and the bonds they | Babson. bought with combination *of times aré sold. commercial | 8ales mean sacrifice prices. Add the psychological factor | Weaken, demand disapped: of increased confidence on' the part ' as S TH RFIELD STREET. REAE PART : OF TH A STU. BUILD HOMES LIKE AIRPLANES. New Type of Houses Popular in California. The airplane type of house is given = that name from the fact of the like- ness of its roof to the wings of'an | airplane. The roof has.a very low pitch and is covered w prominent ridges similarity to the 4 < jection of the cornice Is surmounted with a large cupola, having a remote resemblance to the cabin of the air- plane operator. This type of house has become quite popular in Cali- | fornia . 0 WITH LARGE SKY- TTHE |have a slackened demand for com- mercial loans. “Both turn again to the bond mar- ket and seek to invest these sur- | plus funds. Demand for bonds again picks up and prices begin to rise. As they go up the buying increas ertain speculativ element, bus: the stock market during the boom, turns to bonds for a possible specu- lative profit. Advice tc Investors. 'he true investor,” concluded Mr. Babson, “should not be upset by these fluctuations, but should buy for ular income rather than speculative profit. The position of the market when' the funds are available should govern only the type of security se- lected. If bond prices are high, buy short-time issues that funds may be reinvested to advantage later on. When bond prices are low, buy long- [Set overextended and must :l““ ‘Z‘tlme issues that the relatively high |loans. More bonds are sokd and|ncome available at that time may be Concertis which are | enjoyed as long as possible.” lquldate.. ana_forced | General business continues Its side- The n e movement. The index of the s begin to | Babsonchart shows activity at 3 per s as quickly | cent above normal. The same level it appears in a rising market. [as last week. Business dlows up and:.funds begin | (, pudles, tne moted statistician, who s the investor now a reguiar contributor o The Siar. will who saves more in dull times than | fomtinue is special articies on husness con hoom times and the barks who NOW | ditions in next R&turdas's fasic.) ng starts i - Peo- like to in a rising market: The more they buy the higher prices go and e head for a | boom. :All this buyirg takes more money @nd the manufaiturer requires added fands to take cate of increased | nest “Funds that would otherwise be in- | vested in bonds are used in business. in fact, :many bonds afe sold to: get | the necessary cash to carry on opera- | The banks meantima have a heavy demand for idle funds during dull | All thi3 reduces ‘the | | demand for investment bonds and:in- | creases the available sipply of such | issues. Loans: Called; Prices Tumble. | “As’ the boom goes tdo far, bankse | caught must ment the public sees prl 'GENUINE Each of thése ofiermgs represerit a home built before the recent advances in bothimaterial and labor. this saving. b th DUPLICATE ORDERS CONFUSE INDUSTRY Dealers, Fearing Shortage, Buy More Building Ma- terials Than Needed. “The building industry is suffering trom duplication of orders,” say Engineering News-Record sure the receipt of materials, ractors and dealers, fearing a short- age, are ordering double and treble the quantities they will actually re- quire. The result may be. before long, serious ‘apparent’ shortage of materials, with consequent additional price increas Thus there will be further discouragement to building, to the detriment of the public and of the construction industr: “But it is not only the consumer of building materials that suffers. The manufacturer also is a victim. If he takes the full face of orders as bona fide, he is now believing that he Is well s0ld up for the season. Never- theless, when the expected time of heavy shipments arrives he will pr ably ~ receive heavy ¢ vith the result that his stocks, carried usually with sistance of bank loans on his_ hand Both consumer and producer, therefore, suffer from present prac e. What I the remedy? he seat of trouble lies in of order for- the purcha aterials and in the be the | form of though in its use that respected form of ment. A contract implies mutual ad- vantage or concession. In the alle ‘contract’ for buying building rials the manufacturer gu not to raise the from e which he s But on top the iz that Is the advanta renders to the purchaser. of that he g ntees to giv ser the price ar: lower ncesslons—in actus 3 $iia szchaser € concer wiihont penalty whatever. In return for these what does the purchaser agree to do Absolutely nothing. He is protected in price against bLoth rise and decline. Under trade practice he may c if he wishes. The advantages are his risks are the producer's. There is no mutuality. The ‘contract in fact, is not a contract; it is an option, i giving all advantage to the buyer and imposing, as the trade construes it, no obligat futuality would certainly demand that the intending purchaser, in re- turn for price protection, should guar- antee to take the material in accord- ance with the terms of the order or incur a financial penalty for cancel-| lation. In other words, form of contract, or one carrving financial penalty for cancellation would be a contract in the true sense in that it would impose reciprocal obligations. It would hold forth defi- nite advantage to the buyer; it would insure the producer against cancel- lations “At this very time every one in the construction industry is fearful that rising costs will start a serious r tarding movement in construction. It is an opportune time for the industry as a whole to eliminate features that encourage inflation. A good start wowld be made by adopting a fair materials’ purchase contract—a con- tract that would be in reality a con- tract _in which both parties would have ®bligations and advan a non-cancelable | [$1, Building projects to cost nrmrnxl- mately §$1,635,000 were authorized dur- | ing the week. Several rows of houses, two large apartment houses and an office building are included in the list. The permits follow: H. G. Smithy, to build, 3610 Gar- . $15.000. to build, cost, $20,000. H. Wurdeman, to repair. Connecticut avenue; cost, $3.000. E. Brooke Lee, to repair, 1653 Penn- sylvania avenue; cost, $2,000. C. E. Lanahan, to repair, street northeast; cost, $2,000. Schloss, to repair, 516 12th street; 300, *. Brlnizer, to build, street; cost, §18,000. Liberty Building Company. H strect; cost, £3.000 to build thirt 409 H 4600 16th o re -two to build, 1 t; cost, $6 Morris to build, 210 [ Bryant street northeas . $36,000. ’enn Oil Company, to build gas sta- tion, Bladensburg road and Morse street northeast; cost, $7.500. aylor & Hedges, to build, 342 fieid street; cost, $14,000. Campbell & Garrioft, to build, 12 Neal pla northe; 009, H. ! Chloe, : cost, §: Wardm to repair, $2,000 to 000, nstruction Tra repair, Construction Company to build, Cleveland avenue; cost $30.000. Wardman Construction Company, to 2921-19-17 Cleveland avenue; cost, build, 34,00 consin avenue; cost, 5 i to build, 2 W. H. Lawson, Washington’s most beaut between Connecticut, ] (Woodley Rd.). struction. Finished and under located, attached and Connecticut Ave., adjacerit to brick garages. $2,000 Cash, $150 Monthly. Middaugh & ¥ 2718 35th | 1711 | TARE . 635,000 Building Permits Issued Durmé Week in D. C. Jrn» street northeast; cost, $7,500. J. Ludwig, to build, 1439 Lawrencs | street northeast; cost. $5,000. Peoples’ Drug Stores, Inc, to build, 14 1st street northeast; cost $35.000. W. Toney, re- to build warehouse, rear | 1114-16 street; cost, $3,500. | A. L Foster, to huild, 1543 Frankiin | street northea 5.000. . E. Langley, to build, 3115 Wood- Ljana arive s S $30.000 i street stxect cost, 000, to build Georgia four houses avenue; cost Watson. to build, cost. $4.000 to 218 Walnut build, 2807 24th $12, 3ild, 3101 Wood 15th and ines, Jon to )st, §20.000. o repair, street nor t; cost, R. M. Mechan, 1o bu son street; cost, $12,000 C) D, to build, reet; ) RO 1 H. M. Bralove, to . 2464 Columbia road i cost Copela build, 1623- £5.000 d, 1303 Emer 4601 16th Randall, to build 3152 19th str ost to build office ecticut avenu, Duile to build o build ast: cost and A.C.'Minnix., 4300 to 4310 Chesapeake stre ay, to i cost, $12.000. irwin, to : cost, $5,000, 1230 S4th 00 to'build et north build, 7401 14th build, 3905 Jocelyn Massachusetts Park ul residential section of detach- ed homes. Containing seven million feet of forest-covered land, with six miles of improved streets. Includes what remains of “The Triangle of Increasing Values” Massachusetts and Cathedral avenues Over four million feet of land sold. ninety homes from $15,000 to $200,000 built and under con- Wooded villa sites, brick homes, with lots from 30 to 115 32d and Cathedral Ave. (Woodley Rd.). Woodley Park construction. semi-detached homes. Over lots and central and side hall feet front—Park Office, Washington's best xhibit, 2820 the bridge. Three baths, 2-car Lots 24 and 29 feet by 120. Terms if desired: Shannon, Inc. Woodward Building, 15th and H Sts. Established 1599 A BARGAINS | Take advantage of We say without : hesitation that the first serious huyer seeing any one of these évident bargains will purchase it. Sample House, 717 Jefferson St. N.W. OPEN ALL DAY SUNDAY These new houses are selling rapidly because the builder, Walter A. Dunigan, is giving the biggest dol- lar’s worth that we know of. You will agree with us if you see them. Row houses, including garage $8,650; semi-detached houses on 25-ft. lots, $9,250, or $9,500, with garage. could desire. See them today. They have everything that you To inspect, take 14th St. car marked “Takoma” to 8th St., walk south to Jefferson St.; or 9th St. car to Jefferson and walk east to Sample House. 1 Block West Conn. Ave., $7,950 3035 Rodman St., Cleveland Park OPEN SUNDAY—11 AM. TO 6 P.M. A house in this neighborhood at this price seems almost unbelievable. Think of buying a five-room and reception hall bungalow, with large attic over entire house, with garage, on a good big lot in this beautiful section—at a price less than that asked for the same thing in locations that do not compare. This property is truly a speculation. See it early —before it is snapped up. Take Chevy Chase car to Rodman Street, walk one block west to house. New Detached N.W. Homes Sample House, 6814 8th St. N.W. OPEI\é ALL DAY SUNDAY |ghborlmod of detachéd homes, with attractive sur- roundings. : joy the: atmosphere of a suburban home, yet be within 25 tinutes of downtown. Only two squares to excellent school and: easily accegsible to markets and churches of all de- nominations. In a n 6814 8th St. N.W. Extra large living roos open fireplage. Spacioug dining room, and kitchen with large pantry. Four well-propértioned bedrooms, tile bath and: glass- inclosed_slesping porch. over entire:house. Kl and hot-water heat. Concrete front porch and wid® rear porch. f 6812 8th St. N.W. Five rooms (two bedrooms); tile bath; including an attrac tive 1lving room with an old- fashioned wood-burning fire- ‘place; and large dining room ‘and kitchen on first floor. Three large rooms and bath n second floor, with an extra loset to be converted into a itchenette. Make the rent of he upstairs carry the property. TO INSPECT— Take Ninth St. car or dgive out Mtll St. to Colorado Avee thence Georgia Ave. to Butter- nut St. heart with open fir ing Room ; Kitchen and Hall on Ist floor. rooms, 2 full baths on 2nd floor. Overlookmg Rock Creek, SlS 000 1901 Kenyon Street N W OPEN SUNDAY—I11 AM. TO 6 P.M. A beautiful center-hall plan corner home in the of beautiful old Mt. Pleasant. place; Library ; Atti Living Room. large-beam ceiling Din- 4 big Bed- c. - To inspect. take “Mt. Pleasant” car to Kenyon St., walk west to 19th. Centrally Located Comer,‘ $9,750 ness sections. 1723 3rd Street Northeast OPEN SUNDAY—11 AM. TO 6 P.M. Located in a thoroughly white, refined northeast section, close to government departments and busi- 4 room on 1st floor; 4 rooms and tile bath on 2nd floor; 2 finished rooms on 3rd floor. Thoroughly modern; Priced far below reproduction cost. conve: just rted into 2 a‘partmem\, renovated Could easily be throughout.