Evening Star Newspaper, August 11, 1923, Page 13

EAL ESTATE. Roger W. Babson Declares U. S. Buys Too Much From Europe :Shutting Down of American Mills and Factories at Intervals He Traces to Imports—Review of Conditions. WELLESLEY HILLS, gust 11.—Mr. Babson w: today on the reason why certain mills and factories in the east are shutting down. He at once replied that our tremendous Imports are probably the cause. An examination of the situa- tion shows that these mills which are now shutting down for ome or two days a week those mills which have the keenest competition from Europe. There has been no shut- downs of mills and factories which are not subject to European competi- tion. Mr. Babson's statement is as follows: “The other from Boston "o some sho Mass., s interviewed are day my wife returned where the had been to Dine. She had made three purchases: Two dozen linen towels, some individual salt containers and an attractive penknife, the latter tosting but 35 cents. he bought these things at good stores and with. out any special reference to prices. That is, she purchased what she Wanted and did no ‘shopping around.’ To our great surprise when opening the packages we found that each towel was labeled with a sticker ‘Made in Germany.' that the glass salt containers were labeled *Made in Czechoslovakia.' and tha the knife came from Ensgland At first thought one would conclude that this was largely accidental, but on atudyving the import figrures the rea- son for this is very evident Big Volume of Imports. impc for the firs months of 14 were $2.095 eompared with only §1,419 40 the first <ix months of 1922, 31 3 “The 922, and on for the first six The first six months of 1914 (before the great world war Qut) our Imports were less than billion dollars. This means that thcugh our manufacturing capac has been increased 30 per cent in the last ten years and consequently our imports should normally decline, vet they are over double what they were before the war and almost treble What they were at times during the war. With the exception of automo- biles and new building, purchases are not any greater today than they have been in most previous years: that i pecple have not increased their p of 1971 one al- chases in any such proportion as im- | Ports have increased means that w eign-made goods ean-made goods, “Great imports from abroad result in less American-made goods being purchased and quently thte shutting down, of American mills and this continues. it will sult in unemployment of industry and in many communities. Of course, if we were increasing our exports as our imports increased, this might solve the problem: but our ports have shown a steady decline during the past four vears. Although we exported in 1920 goods to the amount of $8,225.016,307. our total ex- perts for the first six months of this ¥ear were less than two billion dol- Jars. This means that although our manufacturing capacity is greater than ever, we are selling less abroad and buying more from abroad than ever before “There is a farmers to bla for this situation This, ther e buying today in place of e, Ameri- factor ultimatel in many lines re- tendency among the the administration Although re- Congress may be to bl for things, it certainly is not to for our present import situa- tion The recent Congress enacted one of the highest tariffs ever enacted in history, and did all It could to pre- vent this dificuity, which the country is facing today. The higher we put the tariff the harder and longer the R Y, West Chevy Chase Heights homes have Dry cellars 1 During Washington's many re- cent severe rainfalls, cellars of homes in this section have re- malined bone-dry, building lots firm, streets dry and passable, € Personal investigation and compe son will oonvinee you that Chevy Chase Heights i3 (ho ideal place to buy or bulld YOUR home. € Location, on the main Rockville Pike. two blocks above the Bank of Bothesda, Semi-Bungalows Building Lots At Attractive Prices nfr-..nuuu alwas on property. homas Hampton 710 14th St. Ph. Fr. 5394 2 o 12010, THLI 2 2 |COLUMBIA PARK | paper | must | | | Au- | workmen of Europe work. Moreover, |we cannot blame them while the masses of this countrv are living on [ the fat of the land. The workmen of | Europe must either sell goods to | America or starve. Of course, we could siart 2 campaign over here to buy all American goods, but such a campaign would he very difficult to put across. The only answer to the problem is that our people must work harder and be more eficient in_order to balance up the situation When two jars of water are connected by a tube, the water in the *wo jars ultimately must level. It happens today that the wa- ter is the Amerlean jar is the higher, And the question before us is whether we will let the water in our jar fall to the European. level or raise the European level to meet ours. The | probable result will be that our level will come down some and their level will come up to meet us. We must im- prove our efficiency while they must Increase their purchasing power. “The fact that the business index of the Babsonchart has dropped to 6% below normal is larg due to this import situation, which ix resulting in the dual shutting down of our mills and factories. Of course the lition of the American farm.r and the inefficiency of laber are alsc fac- tors in bringing down this index fig- ure, Considering the fact that_busi- nesz was 117 above normal in March of th year, the figure of 6% below normal today is a very abrupt and serions decline. -, LUBER DEMAND 3,049 | 68 for | months | i SHOWS EXPANSION Trade Now Reported on Full Seasonable Basis, With Good Future. Demand for the principal woods continues a fully seasonal basis, with expanding trade and incre price stability features, says American Lumberman. CaH for south- ern pine has Increased markedly, and latest reports show bookings to be { approximately §5 per cent of normal, which is the seasonal level. The strength of Douglas fir is illustrated by the fact that bookings during the latter part of July reached 106 per cent of normal, with production about 10 per cent higher. A notable increase in the on in demand has also occurred hardwood market Most of the rent demand softwoods comes from retallers, are keenly interesting { the market in view broken stocks. and of the outlook for a prosperous business this fall. Not much forward buylng (s vet being do; but that stage of market de- velopment is now being rapidly ap- proached. The recent softness of prices has been largely responsible for the postponement in making o1 needed replenishments, but now that prices are steadying and beginning to show an upwatrd ten- dency. deale are realizing that no purpose II' bé served by further! for who themselves in of their low and Washington’s most beautifu] residential section of detach- ed homes. Containing seven million feet of forest-covered land, with six miles of improved streets. “The Triangle of Increasing Values” between Connecticut, Massachusetts and Cathedral avenues Over five million feet of land sold. 130 homes from $15,000 to $200,000 built and under con- Wooded villa sites, lots and central and side hall }| brick homes, with lots from 50 to 115 feet front—Park Office. (Woodley Rd.). siruction, | sty The new home of the formally Use of Lattice in Gardens Relic of Old French Villas Unquest lattice in the Trianon, pose was a_vine deferring lay m periment. nearly low incre up. showi and large prices ar however. ness to grant refusing and able fer to place then supply the Indu tained are to se that the varie been bett largely toward spi ifications. ers rate deman and car material as brisk | manufacturers and other wood market ating & good d ports of all ahead of what they SUMMER HOTEL BURNED. CHRISTMAS COVE. New 11.—The hotel ‘here. terday out injury $150,000. ose with the use slorious gardens at and ht indeed prove a costly ex- all sing reflection in st Speculative pile trial Southern The_400 guests escaped with- THE spened t week. lonably the vogue of the|F made of it of the Villa @ w Versatlles. Its first pur- small replica of embowered villa to give & flower commitments, but that de- mill stock territories are assorted, and to find because in producing and badly ning pr s trade is again cropping ng the turn in sentiment orders at the p ious low being offered. The mill o longer show a willing- the former concessior low offers. If un- ure prices, they pre- their lumber and thus s in bet position to ade when it develops. ness is well main- pine mills report | utting orders has though running ial sizes and spec- glas fir manufactur. | be for timbers. railroad [ it Furniture automobile interests consumers are in the hard- on a larger : | al of activity X~ re considerably were @ year 4g0 of hide | on selv all t bu v of lately, tice Do and tice W0 ting Maine, August Holly Inn, a’ summer was destroved by fire yes- |and The lors was estimated at | Massachusetts 32d and Cathedral Ave. (Woodley Rd.). Middaugh & Shannon, Inc. Woodward Building, 15th and H Sts. inhed 1899 Esta And Let Us Explain to You Cur Plans for the Erection of One Thousand Homes This Will Be One of Washington’s Most Beautiful Design, Construction and Finish May Be ! Determined By Inspecting Our Exhibit House ‘ Ingraham St. N.W. and Restricted Subdivisions Near Two Car Lines We Try to Meet All Reasonable Demands e‘Ope_n and Lighted Daily and Sunday Until 9 P.M. Take 14th Street car, get off at 8th and Kennedy Streets (two blocks eouth), or take any 9th Street car and get off at Ingraham Street (two blocks east). as to Price and Terms - D. J. DUNIGAN 1321 New York Ave. N.W. Phone Main 1267 Includes what remains of Park fl @ m Over | | | - | m fl | EVENING 'STAR, WASHINGTON, —— AUTOMOBILE SALES AND SERVICE tudebaker aitomobile, at 14th and R streets, owned by Joseph McReynolds, will be om flowers; things With come into usefulness more by reason its hiding unplea alley surrounding buildings; to screen the garbage can; structures from the yard occupled by the ho Do not think that b is structurally missed as a of woo fashion, over paint at tion of it carefully, and plan the lat- structure at the e flowers high milkman's biting glow and hollyocks. trellis, D. C, SATURDAY, AUGUST IN NEW BUILDING. pleted, departments of the the city. The partments {ment, and Joseph 11, under this and located in 14th street 1923. lSTUl]EBAKER HOME: NOW COMPLETED Joseph McReynolds Company Moves Into New Building at 14th and R Streets. The five-story Studebaker building at l4th and R streets has been com- McReynolds has moved the entire sales and service one ro The building is of fireproof construc- tion and has, on the first floor, one most beautiful showrvoms It is located on the south- east corner of 14th and R streets. stockrooms are while the parts the side de- base- REAL ESTATE. o BATHROOM CHARM IN MODERN HOME Comfort, Sanitation and Economy Not All Claimed for It Today-: The bathroom of the modern home represents durability, attractiveness and economy—economy it in immaculate condition Money cannot be invested to better advantage than in a sure source of health and convenience to the entire household. The bathroom equipment <hould given the same careful thought and attention. as any other home furnishing, and- it show rooms so that you will be in formed an guided in a judiclous selec tion of fixtur No other part of the house pos- sesses the charm pesulfar to the of. be in of in price and | economy in the time required to keep | is well m{!“h,\ 5 OAK IMPORTANT IN MODERN FLOOR L) Quantity Production Puts Luxury Within Reach of Average Citizen. One of the most important uses o oak today is in flooring. Oak har always been 60 used, and floors latd a century ago are still giving servige and have grown more beautiful with time. But high cost confined such the of the well-to-do Today, with modern quantity produc tion and accurate milling making oak homes jfloors easy to lay; with scientific kfln drying, permitting oak floors to stay in place when laid, oak is accepted as that it Into general appre, grac a decorative with green, structure fitting well with the htness . and painted combination ding | substantial | overhead |drawing proclivities which these | srowing vines exert from the which bullt supporting structure There are |the first floor {s given {to one large display ro rear of this is a large ition for curb service zanine floor. Ilooking the. lofces. and on this, too, {played new models. |" The the display and xale o The 3rd and ith floors ! shops. effective, patterns possible through a | Indications that exten ur;.;x grouping of the o terial used factivities will be kept u or through the use ol rtrasting e e lors of paint. This proper use of | the country are shown i loring determines, also, whether the | of building permits issu attice gives depth to the yard or 1239 leading cities and garage at the rear of a lot should |vesterday to S. W. Stra not rise to the roof helght of the |veal a gain in the garage; a much better effect is gained, as to appearance and artificial dis- tance, by designing it to come about two-thirds of the helght of the ga-|per cent from rage By arranging the vard in ris- ing levels, cach with a detail of lat- | tice arrangement, an illusion of dis- | INE With the usual tren, tance is crea 1 far out of proportion permits between these Krowing | to the actual depth of a lot In this| Total permits issued in lent support. | case also the lattice ornamentation (in Jul later days it has | MUSt Dot come 100 high, although the | pares with $204,291.504 9 U5 1 Jast lattice wall, at the rear of the lot.|year and can be as high requirements | this year. Justity. The One outgrowth of the use of the lat- | 0f 23.4 per has_been the improvement in is no reason why the 1 not pe rm a decorative as well s a useful function, but it lis only when lattices come into use n the at the ordinary style of 1 pelessly out of place. ial builders understood this requirement of fences: they designed | them carefully, to accentuate the gen- ign of th P structurally durable ful over a long perfod of tim. There is eason why the same should to the lattice when used dividing fence; it improves > of one's property im- gravitated naturally | fatfon for what it support for vines and adjunct of the white, and often ful June thi its ana gr which it of these its quality ant lot and we use it to endings opening | against jutting, cent over J ! In the central states the per cent as compared w to separ while the change as b the ra of ate other y main portion Requires Planning. month. Permits issued cause a lattice simple it can be dis- ere assemblage of light . assembled in formal With the left- Study the loca- | of July a vear ago and less than in June. In states there was a loss hand per cent from June. Among the important o] country reported in the d of a lot, and there are te in a garde A enough to age the |mensely. horse from leaning over| Other uses of the lattice offer deco- the tops off the golden |rative possibilities inherent with its the cosm, d the | use against a house’s stucco wall; as| If it is to be us a screening yet decorative adjunct of | Sguaif with overhead |the home porch. Again it can be|vesr ago a mercly decorative set-|used to advantage in connection with | ¥ “Phijadelphia issued $1 gy parden. make it|window hoxes and for small fower |mits in July. a Eain of enough to withstand the boxes placed here and there to add |than $1.000,000 over Ju Weight of vines, or the |touches of color to the home yard. |and a gain of nearly § same| One is not limited to the choice|June sides, | of woods when constructing a lat- | Baltimore reported pel lightly | tice: any wood will do, but finished |of $4,796.609, a gain of lumber is preferable, since it is more ! July a vear agn and a & but | easily painted over and weathers well. | more than $2,000,0 July a year ago of $17 495.150, which represen moderate loss in time crush a a number of simple with a balcony showroom, second floor is given PERNITSSHOW 1.5 BULDING TOGDON reports reporting {0f 14.4 per cent over the corres ing month last year and a loss of 4.4 loss from June, however, is in keep- were $233.816,602, with $244,687,907 tern states reported gains and a loss of 3.4 per cent since June. and July was negligible, the central |in Kroup reporting slightly in excess of | $76.000,000 worih of permits in each | wide variety of des coast states were 40.6 per cent ahead from July last year and a I York led with $51,623,832 loss from June of $5,759.171. Chicago permits in’ July gible gain over July last entirely over oom. In the service sta- On the mez- over- are the will be dis- ideally equipped bathroom. The prog- ress in the manufacturer of modern. sanitary plumbing fixtures—the im n-ovement in design—and the beaut of the ware with its lustrous surface in combination with the tile floor and | walls, makes the room of home, health and Comfort one of the most attrac- tive rooms in the house The bathroom with buflt-in recess bath represents the highest sanitary efficiency. A few years ago when the enameied all-over - built-in bath | was new. it was looked upon as more or less of a novelty, but it has so well established {tself that’it is now a part of every bathroom of the thor- oughly modern tyy A shower bath is alxo a desirable ature of a modernly equipped bath- iroom. The exhilarating pleasure and convenience derived from a shower bath has made it a necessary part »f the equipment of a complete bath- room. Shower bath units are con- structed in a_great variety of design and sizes. The mixing valve, con- trolling the temperature of the water with a lever, enables the user im- mediately to obtain any temperature desired In many homes where it was once considered sufficient to have only one made | hath tub, showeg baths are now being Co.. re- | {nstalled with ‘the bath tub. The citles | shower head s adjustable, so that | the upray of water is directed as de- sired and can be prevented from wet- Iting the hair. The built-in shower jhas a shampoo. so that women need | no longer consider washing their hair | interior decoration. lan crdeal, when this fixture can be| A special thickne d of building | <o readily and inexpensively installed | % inch, is made to lay two_months. {over the side of a built-in bath tub. | floor. which is used as the 239 cities | The ordinary house range boiler | making it possible for ever which com- | will =upply oniy a dmiteq amount of | have modern oak floors at in_July last hot water, and its ®emperature soon ! troutle and expense. in" June | declines to a minimum. For this rea- | scraped if necessary |gom, and_for the best service, an instantaneous gas heater is recom- | | mended with as direct s connection 1to the shower as possible. In this gain was 1.15 | way a sufficient quantity of hot water ith last July, |is supplied and it has the added ad- setween June | vantage of being constant and even temperature The manufacturers are producing a gns and sizes of or washstands. to suit ndividual taste and require ment. The pedestal lavatories of lenameled fron or vitreous chin | very much in demand for the be {class of rexidence work, and this t | with plan stralght lines and simple cities of the n, is most popular. survey, New | A medicine cabinet or wall a gain over |adds to the attractiveness and con- 601,501 and a | venience of the bathroom. Glass shelves, towel “bars, tumbler holders, 0ap holders. etc., are now made of vitreous china and white finished cast | brass and iron. and the arrangement {of these trimmings over the various ! fixtures should be made with a view 1.346.135 per- {to harmonizing with the general ap- a little less | pearance of each fixture. If you have sly last year|tile walls in your bathroom. it is 2000000 over | possible to get towel bars and soap lmsn.a which fit directly into the wall the universal floor, of every purse. in the home s heirloom and valued Nothing gives the richness and dignity modern oak. over to f used cars. | ill be used as s0 home well laid Shafts grain bring of the figure as of sunlight out the The {ished surface, and when i sparingly and tastefully leave a wide floor expa Another field in which its natural beauty and interfor trim, paneling. wainscoating. Oak are really the foundation decoration and can harmonize with the adopted oak flooring or trim the individual taste natural finish library dining sive buflding | b throughout n the reports | ed in July in towns of the or or us & room. forest green expressio ent fron treated in this way pond- 5 year. The and of the work old floor. need b No uly last year disturbed may be oak floored time, with little houszhold. Car, ing slack times laving over old floors. The a the finished %-inch floor is ful and the wearing q great as if the oak when the house was b There in the Pacific {lavatories Jevery 13.3 per cent! the southern of 7 per cent of 1 mirror | needed. laying out the the new floor and finishin is low. Oak floors laid in I today. Archite. into the sources of what it has been. As men with the responsibilitie tion, both for permanen serve valued tradition they know ! what it will be, Oak is a wonderful wood were $16.- | ted a negli- ear and an from Jume a ts and others archives of nspiration the rmits in July £570.000 over ain of a little er Ponce dians. Leon was killed by Two New Rows of Our “Workless Homes Monthly Payments $45.00 and Nos. 2401-2419 3d St. N.E. Features Hot-Water Heat. Electric Lights Built-in Refrigerator Handsome Electric Fixtures Tiled Bath Stationary Wash Tubs Large Cellar Floor Plugsin Every Room Description: fi!m'l!::; large bedrooms, with plenty of closet room. Rooms bright and airy. Tiled bath with latest type fixtures. Large cellar; back yard to alley. Price, $6,500.00 Cash, $750.00—855.00 Monthly Including all interest and substantial payment on second trust. $55.00 Nos. 311-323 17th St. S.E. . Features Hot-Water Heat Concrete Front Porch, with flower boxes Large Sleeping Porch Unusual Electric Fixtures Electric Lights Artistic Finish Throughout Convenient to New Eastern High School Description: Tapestry brick houses, attractively arranged and finished. Large living room opening into dining room. Well planned kitchen with large kitchen porch. ‘Two bedrooms, large sleeping porch, large bath. Back yard, paved alley in rear. Terraced front. Prettiest small houses in southeast. Price, $5,750.00 Cash, $500.00—$45.00 Monthly Including all interest and substantial payment on second trust. WAGGAMAN & BRAWNER, INC. Franklin 7: 732 Seventeenth 485 Street N.W. EEEEEEEEEE\EEEEEE%EEEEE—:EE_ v ( natural graceful the furniture are reflected In the pol to “weathered and living rooms. gray in tha the sun parlors. so that each room becomes an of the owner's Idea, differ- the others about him oak adapts itseif readily to the requirements of modern in of oak, to Profitable to Carpenters. ters find profitable work are four simple steps in ing %-inch oak flooring—secrapi strips The know versatile What more need or can be within the reaci Well laid oak floors ould be regarded as a appearance ot desired floor ina ot the beauty lines of s are placed so me ise the effast is all a home lover can desire Other Oak Service. ak res charac doors flooring and trim i and room finished color in When called over an old subflo, tn scheme It is quite the thing to have finished anit example, the ring la a century-ago are in good conditio home to litthe The old floor,ts the omk flooring laid at an angle to the boards interior wood- except the quarter round, and the entire one room disturbance honge the oak who delve past oak for intrusted of construc and to pre- of good taste. oak for what it is and for for dura