Evening Star Newspaper, November 3, 1923, Page 17

REAL ESTATE. THE EVENING STAR, WASHINGTOXN, D. C, SATURDAY, NOVEM‘BER 3. 1923 REATL ESTATE. e k) — Babson Sees Good Prospects Maryland House Built of Earth ; For Copper Stocks in F uture| P : e e More Permanent and Coits Less HU“]S MURIGAGE Economist Urges Care During Present, | S By k ' oLl e U : ‘ B Agriculture Department Expert’s Mate- BEST INVESTMENT Uncertainty—Reviews Both Com- B s o AR ot 4% -‘ e k 5%, rials Like Those Used in Ancient Real Estate Dealer Speaks modity and Securities. | [ saon TR A 43 k) ] Roman Structures. Before Class at ke S BN Wi ! : st ~ s Y. M. C. A. Bpecial Dispatch o The Star. |in the market than the relative status! | o 3y e 5 . &' % ¢ Sl Construction of buildings out of |nesburg, South Africa, and he was| \\:’-.LL LEY HILLS, Mass., No-|of sl;‘u‘ku. production, consumption, : 5, 4 ¥ i earth, without mixing with any other 'l“;"""“;:' ""3( it Whea oy fine grade | VOB A by e ¥ etc. Postiwar production hau not yei | Z : == . Py of earth and could be uséd in build- | Mortgage loans offered the v icw urities at | been properly adjusted to peacetime Sy, 3 7 E % substance, has been revived by Dr.[ing In his investigation, Dr. Humph- | S l0T(§age loans offered the high or the year, reached dur-|consumption. Until such an adjust < . H. B. Humphrey of the Department of [rey found that the Romans had used |{0Fm of security for the investment ing. the last two weeks, have suim-n}mpm is made, prices will be deter ;i > 7 eh y - Agriculture, who now is completing | the method and that in many in-|of funds, Edmund D. Rheem, local the interest of the investor. { mined not so much by the ratio of ' 3 3 g = B R " WA 2 home at Cabin John Park, Md., out | SLARces the structure in years had | realtor, told the real estate class of he ¢ g | supply and demand, as by the rate of G - - turned to stone, and in attempting to | % 4 e copper industry has for some ¢iR L (G SOAN 08 D o togm of | v 5 4 4 of the earth which was taken from |repair them it necessary to use |the Y. M. C. A. fn the course of « time been rolling in the doldrums of | sales, that Is. the volume of refined | [ ;. z R ” the cellar excavation. The cost of | quarry tools. ilecture this week luw prices and depressed market con- | copper actually changing hands from | i K . g ¥ constructing a building in this man- | No Wait for Drying. Enumerating some of the advar ditions. From August, 1921, xhraugh»“nrg‘\j‘i‘l‘me'r_ to consumer. e ae : 3 vrt 0 G e LR - by ner, Dr. Humphrey said, is one-third | One of the peculiarities of the con- | tages of mortgage | . Mr. Rheem d into the first quarter of | working sidonine aud sightis downs . 3 bt s less than the cost of constructing a |Struction is that it is not necessary | pointed ou p s DErtyon prices moved steadily up-|ward—the Babson chart shows pres- 7 % gt = & 2 ¥ brick home, and the years only serve |to walt for the material to set be- | hich In March a temporary reac-|€nt actvity of 16 per cent below : < G % s E A to make the substance harder. It |fore placing in beams, or in laying tion set in, and during the past seven | oTmalomay delay - this recovery g i can not be affected by rain, wind or |Up the varlous layers'as is done Inof the first mort = months the tre as besl 8 s ’ ase of reinforced concrete con- |° ol jienths the trend has been marked The position of the industry, judged * 3 ! . A 5 : fire. | struction. It wa plained by Dr. |50 per cent. Income from this form T resent quotations areipy jtself, would suggest the purchase | B 4 ¥ H ¥ f & b The structure has attracted con- | Humphrey that the fo e laid | = K fixe v ior Fha Gnely 2 . . § phrey he forms are laid |of investment is usually fixed and e of the early part of copper sto The. fact, however A jre I i i 5 3 siderable attention since Dr. Humph- |snd the earth put in and tamped oo o ] a3 . : that the long swing trend of the & " ey S P rey began construction. and it is be- ydown. As soon as the tamping is|Paid at regular intervals and is not sApparent domestic _consumption | stock market and ge: ¢ . 5 K lieved that the erection of this home | completed the forms can bhg imme- |deépendent upon the success of a since the low points of 1921 has con- | still uncertain is-a deterrins ctor. 3 o) x 5 ¥ ] . will bring about more building of | diately removed and the joists and tinued in an uninterrupted rise. About | A single groun of sto nnot well | . 7 this type when it becomes generally [other cross members supporting th g To0-000.000 bounds were consumed bY | run counter to the fundamental situ- A £ é g known that it is better than either may be 1ald as. the tamping | is not affected by varying conditions domextic manufacturers during 1 tion that poverns the ontire market. ; . : 5 5 L brick or stone. tertook the con- |1 501N on. D | of the money market. Loans are made 1.100.000.000 pounds during 3 etk Sl R et B @ ¢ ; 3 s - : r. Humphrey undertook the con- . Humphrey said that his atten- | for definite ti a this es an an estimate for the present however, and the long swing upward . 4 a . B struction of the building only after |tion was fitst attracted to the method | (07 definite time and this Insures ar year places the amount in excess of |5 in order, copper stocks should be 4 o 3 . 4 considerable investigation, and after in un article in the London Spectator Plé opportunity for reinvestment will 1.400.000,000, a figure closely approx mong the first to bencfit by the rise. e VR 4 2 i samples of the earth had Ween sent)th: rs ago. He immediately |in advance of maturity, Thése and mating (hat of maxim c i i G { S v g in London and in Johan- | made some studies of the €arth on buithout help or sdvice, because it re- fiy during 1918, [ Babuon, the noted st e S o= o ’ { his ground, and then sent samples to [ ¥t e : = xports on Tnerease. Famits I soatiien, Iia) pes et S ticlcl : ol : : ; {an Experi’ hamed Eilis in. London, |auires experience o ba The export situation-is compara- | umiaps Star.) ; URGE TAX REFORMS. |xnhg, tested it ana reported that it|thoroughly conversant with realt tively good and improving. xport | B Md., he has revived n wall construction used by the 4 = values and the various technical figutes have Sisenisioadily inowm Ok ted fro % for the walls, and tamped down. The cost Ix said { zoe punamEC construction aw enat (55 SER e o ze used by the Romans. He also sent|phases of securing mortzage 1 Q568 for” fne Mol eurCucin | WILL DIVIDE EXPENSES., e aseoehind lvs chon the Tax retorme which the National Ap- 1554 b7 {he Jgmans, M aleo, wat | shasen of securioy o an_amount : Real E Hoaids | e e Airdl A, JURARKESLUTE, ¢ probably exceed .000.000 pounds | ROClqtonyEo8 SRliEatite " > EOBUE SEicH RO Rt d st it | examination of titles. These matters 1 re. r This N i vork f : First, |port. for the prisent calentar 3varl R | Realtors Reach Accord on Funas| REALTY BODY PLANS ~ 'REALTORS’ WIVES FORM | SAYS MULTIPLE PLUGS | ine removat or the prescnt pensity |, 2 (55, 205, high Dr. Mopophoes [usually are nandled by o broker wio 912, and closely approximates the |goayq ang Host City Will Provide. | AUXILIARY ASSOCIATION! on constructive investment through|ond floor and the partitfons in the [* “¥PE0 ,“jrf,“,,fi.‘iff.,,\‘“;fl.fi e e years immediately preeéding the war. | i s ‘uri | cellar are constructed qf the earth. | During the past s-ven months there { Clean-cut division of respo. . ENLARGED PROGRAM i toaare. or Areanisttlons ‘of real- |NCREASE FIRE RISK stopping issue of tax-exempt securi- | gr, Lo 078 RERTR T 8 (hia’ that | curacy and correctness of details in ured | usually exceeds in value the amount from 10 to articular business or enterprise and s been no appr o decline in | ties : bR bt ntra ties and the subjection of federal,!there HO! senson. why: bolldines | aonu 4o anch transactians e sy [ba teria nyention fohe Sives dn T inionito; it Lo | state ana municipal bond issues to may mot be constructed to a greater | The development of mortgage com nestic consumpti as had ol @ | the a i tate board y prove the coming o thele shave oF th Yurden: séeond. |De of the same material { panies has made it possible to finan SISkt recead hrtE Reesne 4 g g e s i elr share of the tax burden; second, | “hs home s situated the park ze mortga o LU : tauive heliiate s 4 very effective new agency in civic| EXperts Declare They Cause Wires| tne r.duction of federal surtaxes "‘i“‘““““h"”?‘ of thoTiil overisoking|Lxee) martedxe Jomns G wotesh : K is p g 3 = . r p o men are | 3 he higher brackets, and, third, the|c, “ree! 3 gea e omenason asel o o e cle ; Soci matters ic e men are he higher , and, : . o it ol e it 5 Eh a1 ent arket 1s found in the clean_ | future | eonve : nancing Method Before Be- natters in/m hickireal to Be Overloaded With Sbiion by Tae Reoefal mhetes et bicthin John Cresic e csiin usta ributed “among Various investors o ! . N tou e —E } : e e ¢ iplan under which taxpayers of In-|his section, it was said. However, [ 111% offers the man of small means an uch stocks In- |, nder the plan f nal as ginning New Tasks. e Natlooal Antas urrent. ! diana have been saved $12.000,000 in| Dy Humphtey said thai soils that)opportunity to r Paximum priog of in-,ciadon wouldipay all expenses diect: il e s bans : the past two years through check-|pack readily or form clods In plowed | Feturn on his < Shnflacs e s - he developmer ing of possible extravagance in state | ficids are adapted to this mechod of e e i e 3 d in Hensive: nragram: of mas - e < “American| The most important part o or local tax or bond levies. The In-|construction. In fact, he added, any | ihe g the construction of apart- tont fees. It would cstanlis 4 a I < Drotection e shed | trification of a house ; ? diana plan provides for review of all soil, except sand, or soil t con- | fiuancing the construction of apart. on hand to i onvention bur, ivities for the P dnclud- LROIEs, HIe Dr e O A & =L @ house is the wiring. | ;1< and bond measures by the state!tains a high percentage of clay may | Ments, hotels, ofice ings and Fipted operation. \With: th nd complete ar rement € £ the tional S a0ss . “and effective | It 18 the basis of the use of stric- | board of tax commissioners. ibe used. , homes_throughout = ry. : e o $ta 7. te.jVrosram.in atl ° ion an lized di- I B e ity and on it depend i | Pohe Assaciation advocates a federal| It is unnecessary to mix anything| At the next meeting of the clas -the-machinery” stocks now ard would pro iy gt n G falized di- | city plan ar c § hitas sandn pend the lighting oy i i Al e “hor wven water, as the | Robert L. McKeever will discuss the duced to about normal, fabr s | meeting for the ~ : o res . s and con- | expected to b rtance | installation and the use of labor, |S3l€¥ tax. thral mofsture is sufficient toloperation ‘of a sales department of must enter the market to COVEr NeW: for the di i 1 lation | 10 the new real aving appliances. The location of e P a real estate orders for copper and brass products.’ committee meetings, and through its | i interests « ate owners | Helping to put_ac the ety [ o tth: vef | e in itself a str ument y, acquai eal estate pract was | bee: first job nicipal home [convenience is important. The light- purchases and cquent ! 5 inment f os. T )y the directors « Ni- | building to be carried out by theling fixtures should be well i : ey - . placed . N Basing, Meversene Seen; 06, o o e et B o nis outline ot | Realiors' WiV fwith regard to their fluminating ,UUU | assachusetts the hospitality features only and to| marks the first time i |aualities as well as to their general All indications point to | at the ze is being o1 s arzcly at the discretion. of y of real estate orgar { effect on the room and surroundings. | e e .'m.l“{lf' Near al board 3t “the nation sociation has | RUBY LEE MINAR MADE }‘Tlm outlets for use with appliances |Charles A, Carry Buys Structure ! Park every fably upward turn in] 4 : ‘ o : | must be carefully placed = I priccy kas bees, aceslly biiseic 031 HOW, TO USE CONCRETE. AR ASSOCIATION MEMBER ™. " [1Iiiel It s, | 7 at 16th and K streets as the tefineries to domestic mills, In{ i e S5 O Ve ai1 | The Virginia Real Estate Assocla-(a rule. has not kept pace with the Investment. ! September domestic deliveries were | ot E . r e x its first woman {number of devices and appliances t . ‘ashington's most beautif esidential section of detach- 000,000 ands, the lowest | Use of Bowlders in Construetion ji i f s . = o b inar, Washing. | Be nedl! withy tHern vy o B, # Washington's most beautiful reside m o arly in 1 nd more than | eted fo e fi o 5 o i = result is | N d homes. Containing seven million feet of forest-covered land. since edrly In 1922 and more than | Called Inadvisable. pletea for e ; Btate mitted outlet Is made to do dou.| The Phillips building, located f-n' eld e ailes of img;roved Steects: Torladis wibat remoingiob for the first eight months of! Qccasionally a query is he as | enable t o af. the : g 5 =2 i @ n triple duty by use of |the southeast corner of 15th and K || With & ) g > < z 8 vear. to whether it is advisabie to use a |or o :d on P v Y | multiple pluzging attachments, with | Streets northwest, a twelve-story | “The Triangle of lncreasing Values”’ opper buying has always come in| o construction of | busin: S Taare ‘ n ree- | the result th s o s s : e has alw D s in ! ‘of [bustns L e equal ba 1 iat the wire leading to |freproof structure, containing 154 3 N > o ehnlaRy o are \‘h",."'r?r:‘w.“ e s | ers wer ity doanls oL th L {1t is likely to becoms overloadea, | F00ms. ha ase {| between Connecticut, Massachusetts and Cathedral avenues ¢ m.; crowd, and is often the thick. for the la | assoc nones ter- e Ak 2 ine | CAUSINg it to break down and make 8 Sab et ; (Woodley Rd.). Over five million feet of land sold. Over d g factor i e ction and e to 3 e b & e 2 v ¢ v an added o s - ~ el e e s b ! tley. adopte mauy | en adind Fe gk P 1] 130 homes from $15,000 to $200,000 built and under con- Tt has bee 2 vs v » S ication of approaching strength e | Monas ] rety e | outrecs D areued that sufficent 1 truction. Wooded villa ‘sites, lots and central and side hall y *ts will run up the cost of a - the length and extent of the de- 11, and the th a e donor |oenem Wil cost of a new b M VI 3 aon g e intnes mesMet Since the latter part| wall'does not correspond in strength | tinue the fund car : 3 1 building to @ point which is heyond — /| brick homes, with lots from 50 to 115 feet front—Park Office, P o | careful discussion f 1 OWner wants to spend, t ) i 7 - B of March there has been no halt in|with the concrete wall of the s t . ;s l.the answer i pend, but IN MAD: 32d and Cathedral Ave. (Woodley Rd.). the fall of copper ces. A study of | thickne: A ten-inch concrete i n Ade £ amendments to b, ws ! Rnawer /18 4 if they are put CRAGIN MADE DIRECTOR. || 32d ¢ \ 2 ) o s 3 f 8 tie ™ the time a smalier nu 7 i . market fluctuxtions for the past fif-{ will serve the purpose of an eighteen- | 4 3 rovid: her functioning. |10, 4 [ne & Smaller number is| Raymond T. Cragin of Cleveland has teen vears shows that stx months Is!inch stone wall For light build " c ) crvice of association | talled the cost will been chosen director of the National | 1 au annon nc. mum limit of a continued the practice of lhrn\\'l;n.: bowld t @ L G E public with work of compieted thele, e ociation of Real Estate Boards, to | 3 price trend into concrete is not mportant @ ns L x- | rea ) e e several times eir cost w ke office January 15. Mr. Cragin 13 Tor the time being these factors it is in larger bulldings, but on the | - T emblem b2 Several times « Ve | selll muceaed B XX nnis, who oo e | Woodward Building, 15th and H Sts. will presumably have more welght whole it is inadvisable. a i b 1 How riginal specii |date will assume the presidency of Established 1599 “Chase, Md. 7| 2939 MACOMB ST. NW Chevy Chase, Md. | o oo || THE PERFECT HOME A Genuine Home Most Desirably Located (OLD CHEVY CHASE) SATURDAY AND SUNDAY (Built By C. H. Small) An attractive bungalow, containing six large rooms and bath; Southeast Corner of Kirk and Magnolia Parkway hot-water heat; eclectric light; open fireplace. Garage. House i recently redecorated throughout, and is in A-1 condition | COMPLE E I Y FURNISHED Stone construction; slate roof; large front porch; center- LIGHTED EVENINGS I . (By W. B. Moses & Sons) hall plan: first floor has living room (open fireplace). dining room, bedroom and bath, kitchen and pantry; second floor has i e N L §é§,§§9§1 s.,gg»" Inc. [l Open for You to Inspect Sunday and Every Evening 3’bedrooms and large bath, elaborate fixtures; gas, electricity ‘ 1418 Eye St. NW. Phones Main 5903-4 ||, Hedges & Middleton, Inc., and W. B. Moses & Sons cordially and hot-water heat; 2-car garage; spacious lot contains 12,000 Members of Washingfon Real Estate Board i invite your inspection of this model high-class residence ) No. 2809 35th Stre_et N.W. DETACHED HOME B|.lchz=1n;4u'1l Street Just West of 16th Street On a Most Attractive Street of Detached Houses § ¢ g / SSSRR AR A A S Open Saturday Afternoon From 10 to 6 on Sunday $32,500 Thomas J. Fisher & Co., Inc. 738 15th Street N.W. Main 6830 s’fi&\&i‘fifi\\‘(\‘S&\‘&“M‘S&\\W&\fls%&\\‘i\6 > ! |——] FfOR SALE * And Open fo;' Inspection Tomorrow Afternoon No. 10 Quincy St. Chevy Chase, Md. A Few Facts Worth Knowing These homes are located in eliminating the erection oi cheaper Massachusetts Avenue Heights, a class homes ; the beautiful layout of section that every one concedes to its streets, abundance of shade trees, be the most desirable suburb for its magnificent approach from the homes of the better class. ity and the distinction of being ad- The houses themselves, regardles jacent to several large government of location, surpass any others of- reservations, private estates and the fered on the market today. This Episcopal Cathedral of Saints Peter applies to the quality of construc- and Paul, which represents already tion, the convenience of arrange- .ment, their attractiveness, etc. o before completion an investment of Which is a magnificent Colonial Brick Home, priced % several million dollars. There are at a figure that makes it a wonderful buy. All property in Massachusetts Avenue Heights has increased and is constantly increasing in value by i d reason of its high elevation, its of the city from most any point and proximity and accessibility to the accessibility, to the finest schools of downtown section, its restrictions, Washington. o many other features of this sub- The grounds front 100 feet on Quincy St., just a block off Connecticut Ave., and the handsome brick home is set in a grove of great oaks. The house con- tains 9 rooms (5 bedrooms), 2 baths and sleeping porch, as well as servant’s quarters with bath. = Also there is a 2-car garage. division, such as commanding views It is a home to be proud of—most impressive in appearance, yet as comfortable as was ever built—and simply running over with good, permanent value. Drive Out Mass. Ave. N.W . to 35th Street Turn North One Block to Above Number 1616 Buchanan Street N.W. The entrance at the side of the house permits a center-hall plan, with a spacious living room with open fireplace on one side and a beautiful dining room and breakfast room on the other side. Second floor contains one large bedroom with private bath and dressing room and built-in wardrobe, also three other bed- rooms and bath, including large sleeping porch, servant's room and bath in basement, two-car garage, oak floors throughout, auto- matic water heater, linoleum on_kitchen floor. Lot 50x138 ft. to 20-foot alley. flHE PRICE AND TERMS ARE ATTRACTIVE ON £ LUCHS We Invite You to See This Home Without Delay Exclusive Agents Open fnreyom' inspection every day and evening until 9 P.I\r!. s v o | B'LE. BREUNNGER & SONS HEDGES & MIDDLETON, Inc. Dners ana e 1334 H St. NW. | Exclusive Agents Fr.. 9503 706 Colorado Building 2 Main 6140 lo]c—=|o]——=]a[c——=]c] BETTER SEE IT!