Evening Star Newspaper, July 21, 1923, Page 13

s REAL ESTATE. : ; THE EVENING STAR, WASHINGTON, D. ¢, SATURDAY, JULY 21, 1923. REAL ESTATE. Retailers Facing Four Vital National Study of Principles Problems, Babson Asserts BU{I‘P&%‘ELPE&%I{I%H' Of Real Estate Is Plcl;nned Economist Sees Need of More Advertis- Local Boards Plan to Use Facts Brought i Out at Convention of Realtors in Cleveland. Many Private Homes Con- tained in Applications Approved. { ing, Better Service and Closer Rela- F tions With Manufacturers. z 2 the i i-] Marking what observers familiar|serupulous operators through proper BY ROGER W. BABSON. entire fifty can get as good. if not = = Building permits aggregating in esti-) g + l”al e ODerators th 4 better results, for an amount of 4 ) mated cost $361,900 were issued by the | With real estate professional develop- | reql extate loense laws, © AL Tisbetch to ke Bt g money that it would cost one when Commissioners during the week, as fol- | ment nationally have expressed a8 | laua 1n the mortusge. and Anance B:\l.LLL.sLL\, Mass, July 21| working independently The retail: 2 sy not too much to call the close of the | division conferences ascertained very group of people today has its|ers should do more advertising, and > S 3 i = i it i = B Lol C I it iy $roblems. y ,],1.f“r! have their dif-|¢over with their advergyising a larger == H. H. Harris, to repair 1702 17th| era of organization for the profession, L 2 : tual practices the function which the territory than they did before the 7 ~ ] - cot;+ $1,700. and the definite opening of a new era | (4l practices the func ! flcultles; wage workers have their|davy of the automaobile. Now every ol - street;e$1,700. second mortgage may perform with R it lan ittt aioaal e Hive | ays of the automiohile Nomiaehy = 4 == - John O. Duffy, to build home, 4703 [ of study and service, the N;llional';1:;\-uv;laur- in financing the purchase o5, @ ofessional me small city retailer can cc a E jon of Real Estate Boards|of a home. thelr temptations. The greatest pra ible customer every one lving - z . Qonauic; roadupe 030, et o R e - : ; % |~ Launched, through the conferences tical problem, how, faced by radius of forty miles. : C. M. Lingley, to build, 4909 River | has already begun the following up | o0 a"r /0 IHERNER Lhe contercaoes P g 5 While each retailer should advertise g 7 road; $4,500. i ! By aced ; ; of the line of intensive inquiry into real | study of means for bringing about ,,,:n,:““"‘:\r‘; See R T e e e = - = = = J. Tu Neff, to build, 3314-3316 Mo | estato facts and principles opened in |more equitable and scientific appralsal omesit: T fact our soteilers ars | Bthers fn Benstrustive aill sducationnl = o : R IF o B=1| !xinley stroet; cost, $16,000 every fleld or real estate practice in the | °f farm land values, hoth for taxation to confront; in fact, our retailers are | Others in co 1l . 2 | M. Saunders, to build, 1923 11th { ! : |and for financing of farm develop- i 3 ixteenth annual convention of the | ment £ up against four fundamental din street; $35,000. . . e culties. 3 [ Urged. § =~ d“flt-d A. Scanlon, jr., to build, oclation just clo%ed at l,lr‘vl'l:md,“ '!“‘Klmlj' in“l.‘hu' cnrl\lu‘"enres of the | - Service—Retailers | i 1145 4th Street northedst; §4,500. Synthesizing on a national scale the [Industrial division, a vigorous asso. Face Big Problems: < - % i Segal Brothers, to repalr 1738 2 redl cathte exporience Lo ion of lsadsrs jn’the developm: less | that ihey the der A g Stretr $6,000 body of facts of real estate experience of the industrial areas of cities for < Lo Of rotailers | VN ¢ the consumer and are o £ ik L. M. Worsyth, build, 1528 25th|and practice upon which trained|the exchange of the most modern e B aten s o souge the Conaumer. ~The = ’ A (o ] strget_southeast; $5,500. judgment in real estate ma technical findings in planning, financ- ten v the number of | his customer has a g60d business to- : . A i L. Donowits, {o repair 728 11th|be built, bringing to : g and marketing industrial prop- 10t increased a Sianal s ewet o iproEph s ~ | |1l 4 i 4 street; c 0. ernl underiving 2 e » e ra iy o the ' i N i Wi L i . ¥. B. Cogswell, to repair 1313 Wis- | estate developm v [ We o the empirical facts of her-w the number of r Lo e cun & i q X% it nsin avenwe; cost, $6,000. emphasized objective which came | busi demand to find, in the con- crenslng Where more | tems_ or othé uchna canty’ eres * it \ \ i Peoples Drug Stores Company, to|into prominence with the convening, | ferences of the property management rapidly than the population Sl new-fangled schemes Y ] = repair 1422 18t street northeast;|for the first time, as subconventions |division, a basis for determining (2) Increased c of 10oing Busi: | DIty SNa L Eive seryive Eebs / P ! 4 $40,000. of the annual meet of the n | rentals, for guiding the construction ness: Retallers ave taced todey with | oAl Loy dor. @anyite x I 2 John Herath, to byild, 2223 R street | great divisions which the association for apartment buildings and for increased rents, increased wages, in rs Mo Eiv southeast; $2,500. { this year created for the better carry- | formuluting general —prineiples of CHeRueH thxes, andl facieases b it enjoy real 1 Breuninger & Pedersen, to build,! ing on of the study of realtor prob- | broperty management. THORE eyery depertment ok bbb 2blish Better Relations S 1022 Girard street north 21000:] lema by reattor Clarified, for realtors, in the confer- ness. Of course, this is largely alg L e [Of the mres e ? J Agnus S. Adam, to build 5833 Poto- Approsimstel Itors and |ences of the brokers' division, the natural result of the increase in the | feir iitinate relRtion = S 7 mac avenue northwest; cost, £6,500. | members of th s came for | ethlcal relationships involved in buy- number of retaile e ae | eI LU ol STanDny i ! C. H, Small, to repair 1707 S street; | the convention activ from 317|ing and selling real estate as agent most citles the retall section 15 lim- | buy there tacturers 5 _they | 2 ¥ cost, $2,000 » Canadian |and as operator. Brought out, through 1a th e et k5 HH6 | To el ea ol be posaib]e - F. W. Quinter, to build 1461 P street; | provinces and from Hawail, the results of a two-year national demand S G spchiars cost, $4.000. g .1 Here are some of the achievements | study, the general principles govern- rents inereas helr oty 1o ane fotks A 5 S, Caughley, to build apartment 1923 | of the convention sessions, ing useful »f the ninety-nine- | panies Trora which they buy. | Wor ine . E street; cost, £6.000. 05 | by officals of the al'a ar 1 Discussed expert, rules Autos Aftecting Tra et Froser Inalean ot basnie L W. C. and A. N. Miller, to build 4305 | “Brought out, through analysis or appraising valuations of real (3) Automobile sales. The auto-|mining, ol and other Stocks, about posed building to be constructed at 5th and H streets northwest, us the home of the International le road: cost, $7.5 national authorities on business and | Property with a high degree of exact- mobile o retailers in|which he knows nothing, would in- | change Bank. Annie M. King, to build 5213 t0 5217} through scientific compllation of re- | e 4 our lary Past|yvest his savings in the National Bis- Sherrier road: cost, $13,200." a4 DOTts from 475 leading cities' of the Consldered, in the conference of the oW s X cuit Company, Quaker Oats Company | Johnson & Clark, to build 310 to 314} Gpjted States and Aa, the present | homebuilders and subdividers' divi- — out of the o 3 | Adams stree . $10,500. 5 e- | sio he large hu fac £ th American 4 € er omp; -5 ua uation in re d to construc n, t arge human factor of the have been coming in s tioniship which would soon be very | 1731 to 1747 A street southeast; coSt, | market for building, possible over- | fects the laying out, financing and stead. Bt o @ valuable. One sees very ciearly what | STARTED THIS WEEK ga0;000 building, rental tendencies, mortgage ?f new residential tracts. automobile h : . 3D, Garman, to build 2505 and 2510 d e i oAl tracte | this would mean if group | Channing street northeast; cost, $13,- futon pH :)):r.,}—;,’(xi:,; oome r““;'ylx and forbid!should combine their stock holdings b 1000, i \”)'thn 'llq‘ tor secretaries, best plan ont of the b Rl | e T —_— ; . 3 onditions for or secretaries, best pla stores. . The poli = ey - [P IR GO Sauk Xs & 5o ! Mrs. Mary Loughran, to repair 1204 | JEGRTNE, 20g S0 roperties. useful functloning of rea not be blamed f < sse Tul- Must Study Cond { Construction was started this week to 1208 New Hampshiré avenue; $4,500. | oo Catats bourds in GHeTE et ings, but the c reta @ 4) Su siness { on the new building at 5th and H Mrs. ) Loughran. to repair | ch Zoning. 1 2105 to 2109 M street northwest; cost,| Took cogniza of mistakes to be e | BE T e SN in the con od districts is apt to | 1st give more shit anc 1| | | | | i be very ha . Already the ex- k 2 | streets northwest for the Interna- $3.000. sided in y zoning and in the| Asparagus is believed to be the study to the conditions of ntry | | - i clusive inthe ecniee ot the | VLI { Y ¢ = tional Exchange Bank. It is to be an >, i Tompkins, to build garage,| protection of the public from un- |oliest know nt used for foo cities are losing trade, while the w i e ¢ ek by H fice as wi 4 . N 1701 Kalorama road; cost, $125,000. Suburban. shops “are - gainme rade |Loa1z devends | James and Quinter to Attend | ofice buildin, as well asw nome tor| Bajtimore Dealers Would |15 Srim® tescari ‘Senool. to Automobiles are also ehanging the | Zr¢ e ran the bufinens Conal isibanic It oeill hive s froniaks af repair 1840 Kaloramm road; cost, class of goods demandec ) that T o OonniTy oot 0l inti thirty-two feet on H street and 100 6. Glass of koods demanded, s that re- | St world, This i+ necessary in| Loan Association Con- T o street and i e uree | Keep Standards of Pro- |se.coo. tailers who fail to adjust their busi- | orier to know When o buy and when feet on 5th street, and will have three Massachusetts e ¥ are talling by thenot to buy, when to borrow and when | vention | stories. f ion High MODEL CONSTITUTION (" Chain_store_compettion. ..u,\*\‘\';,‘p;‘“n';';“{““,vlr“;.‘,‘{‘(‘” advertise and g The building is to be of the wall ess gn. though the store in its in- ot to advertise. Beast 3 f i A A it It is true that the retailers of our Sy 3D | KUs ascenEH0OE AN FOR REALTORS PLANNED Park many lines of trade are al- |, 4 A mstatians ol 3 5 Sy (fecling the effcct of chain store | SOURLEY are faced with four tremen; | o enirty-first annual convention [PRFLOF the mazzanine floor will Bo 06~ | o\, spatch o Toe tar. ol ar B e oSty felt ¥ | of these problems can be met if the [of the United States League of Local | SUPied as offices. | BALTIMORE, July 21.—A special|committee Named at Convention in DUt other Tines |better retailors will only orgunize and | Building and Loan Associations will committee has been appolnted by the e - | . " . X ’ raitich e & ally belng forced to meet | fiEht collectively: ol v bt ibe held at Tacoma, Wash, July 24, AUGUSTA, GETS MEETING. |real estate board to draft a new real Cleveland to Draw Up | Washington’s most beautiful residential section of detach- i it s e ice; third, to establish_stronger |25 and 2 Augusta, Ga., has been chosen as |estate brokers’ license law to take the Provisions, . ed homes. Containing seven million feet of forest-covered land, e At al *| relations with the companies from| C. @linton Jumes, president of the | pe olding the midwinter |place of the present law. The latter| ! gt L B K o ey . ultimete reky ich they buy, I to study | District league, and William S. Quin- | st s ot the st Arao e iter | Bas been on the statute books for eparation of & model constitut with six miles of improved streets. Includes what geaius of ess cond . am . eting of the Natlonal Assocls i G e ol state real estate boards - 5 Yet, notwithstanding these four | Today busime mal, as|ter. vice president of the District | of Rea; Hatate Boarde TS e tiing o, the realtors. | dertaicen by the bourd of state presic “The Triangle of Increasing Values” roblems facing the ret T | indicated by the ) league, are delegat Thei oo o se o - | dents o o By s ses A ~ B ~, o Peve “that the’ independ future is to s 4 i Wb Vel oy ‘;.“;:; d e o B T oy 1a cuir | mutiora in connection || petween Connecticut, Massachusetts and Cathedral avenues has a splendid opportunity if t 3 € v attitude of ‘the na-Ixorion are members of the Party | onitin: & fornia, Michigan, New Jersey, ww!;\[‘rflh '(Mnf» Eoh i (Woodley Rd.). Over four million feet of land sold. Over only organize and grasp it re < retaile Bl s & | yasiting: Golden:. Loolont untain | consin’ and Tennessee. These states | tion of the National A s i f $15,000 to $200,000 built and under con- are many things which these T v at the stock [from Washington A ul’t-ri:!'»(_- e e nat . a real estato commissions, with | Real Wstate Boates nela at Ceve and || ninety homes irom $13,000 to g . penlients eetalien allRdo bt e o St aoey | porie party left Washington, Wed- |, 00 ({8, Ot ntseeing “tour "the |POWer to require applicants for, li-| DIRwnE o POVECRS dies, whicn |] struction. Wooded villa sites, lots and central and side hall W mendan only 1 S markel changds The retailer i pric |00y, July 1, and met about 160 | pnee il Siop ut the Feliowstone | CoRSes g show they are brobeny LS 2 dn mcreasingly tmpor- || brick homes, with lots from 50 to 115 feet front—Park Office, omors. aad. © e Coneatieots Iy responsible both for the high |delegates In Chicago. A speclal train where they will spend four A ce the power to|tant part of organized real estate ; R o N an ] : sei o Gvercpnsion and the B |carried this delegation. The firat stop Tiood river will be the next|The commisslons have the power 1o} Hok DL 220 put in the ha 32d and Cathedral Ave. (Woodley Rd.). must orgarmize into grouy * strikes, with the depressions that { was Omaha, where they were guests | 5w, At this point the party takes| C0CL [0k as misrepresentation, un- | a_committee to co-operate with the % Toeos NG s oF ol [ eanow: n automobile trip from Hood river Sl ¥ improper conduct, | officers of the national association e e ke e ey who 1¢ |°f the Omaha Bullding and Loan|to Portland, over the Columbla rm-r;fa‘L{ VA "‘;;““’p‘;.“ ont Maryland law | The committee will also function as | ) { aug annon’ nc. ter retailers can for >ups of about |a ar contributor 5 The Star. Wil cn, | ASSociation. Denver was the next |Pighway. = On arrival at Portland.| RS0 0 BUCI (GCY 10" quote | the executive committee of the board | e D Oy Lo |l feopd it 1a e st Seinsaeirs faenay | BLOD. Slghtseeing tour. - oo m24e 1O %16 philip Pitt, sccentary of (HBORTY 106 oo v S itase s oe Michiean Woodward Building, 15th and H Sts. ntative of a given line in each | Gnau Chs 8 mext Seaniayis daiel) {7 A Giip was thken fo Benver' =k Famen s c - ! can become a real estate broker. 3 Kinsey of Michiga : It ‘will be found that such | tain Ditrice, including a- (11 ShEGUEh | eral 10 ilative CCommitier. nnd swill| only Tequirement {5 that he pay the | and J.W. McDowell of Iilinois make B il AR oups can unite on sales promotion | England has a_lighthouse to every | Iears ¢ k and Clear Cree nyon, make the report for that committee. ' nomin for a license. . for new customers, and thelfourteen miles of coast up the committee. ATTRACTIVE APARTMENTS | Business Property THE ARGONNE Located on Columbia | | First Offering of the Road near 18th St. w Szt || %= || NEW BRINKLEY HOMES PICTURESQUE ROCK CREEK VALLEY and baih De]l]ightiu! apartment, well ventilated, un- Garage for 2 Cars usually large rooms, spacious closets, tile baths with all built-in fixtures, large reception halls. Proposed Annual Rental Reasonably Priced Magnificent Building $3,300 Service Unexcelled Light, Airy Corridors 24-Hour Telephone and Elevator Service Price, 340,000 Apply to Manager on Premises, or THOMAS J' FlsHER WILLIAM S. PHILLIPS AND COMPANY, INC. Realtor 738 15th St. N.W. 15th and K Streets N.W. Main 6830 ~saoman & revenan - Il Quiney- St. at Kansas Ave.- 1504 H Street ‘Main 3500 Rt ot Sainsion Sl maic i Il - Nearing Completion—Five Sold This Week i ’s | ing “Two Squares South of the Cathedral of SS. Peter and Paul (Episcopal) LIGHTBOWN BUNGALOWS Washington’s Best Oflermg.ln a Sma{l # Two Square . At Cottage City ket | 38th and Garfield Streets Northwest $5,550 to $6,950 A PARTIAL DESCRIPTION : (CATHEDRAL HIGHLANDS) T Cathedral Highlands is zoned as area “A,” exclusively for de- With a few salient features | | tached and semi-detached homes ‘T'wo-story-and-attic brick homes, having six well planned S . D h d B e k H rooms and modern bath with all built-in fixtures; hot-water ‘ eml" etac e YIC Omes heat and electric lights; oak floors, open fireplace; wide con- - crete front porch with attractive brick pillars; breakfast and Six Rooms and Bath kitchen porches; double sleeping I?OI!Ch that is unusually spa- | . Complete in Every Modern Appointmcnt, cious; fine closets; one-piece sink; deep lot. Spacious Porches Wide and Deep Lots REASONABLE PRICE AND TERMS || TERMir,S1000.00 CASH o . Come Out Today—One Block From 14th St. Which Includes All Interest 5 rooms, bath, cellar, furnace heat, electric lights, gas Car Line ' range, kitchen cabinets, concrete walks and concrete road- Motor out Massachusetts Avenue to Garfield Street, then west on Gar- ways and good size lots. Te $500 o $750 Cash 4 SAMPLE HOUSE OPEN FOR- INSPECTION : ‘ field two squares to 38th Street; or take Wisconsin Avenue street car, get T $50 to $62 Monthly, Including Interest. * off at Garfield Street and walk one square west. HOW TO GET THERE i Take cars out G St. NW. marked RIVERDALE, Berwyn, 3 N I { S ! or Laurel or Beltsville and get off at Hoffman’s Store, Hill'St., o [ (] 9 . o $ e 2 Brentwood. Any one will direct you to Cottage.: City. Brick garage with each house. A | Members of Washington Real Estate Board ; i “Everything in Real Estate” . i REALTOR taate Chas. M. Lightbown, g L 1418 Eye St. N.W. " Phones Main 5903.4 810 F St. N.\W. Main 2255