Evening Star Newspaper, April 12, 1924, Page 17

OF COMMODITY PRICES Expert Believes Recent Declines Have Been in Strict Accordance With Conditions Shown. Depends on Industrial Activities. BY ROGER W. BABSON. PABSON PARK, Fla, April The recent declines have been in strict accordance with the long swing trend of commodity prices, and it is probable that over a pe of years this general decline will continue. Whether further rev ion: an be ex- vected immediately or not depends very largely upon industri tivity. Commodity prices at present bound up with the building situation, the automobile and the textile indus- tri What is to happen to the building indust before the end of annot be told at th time, but to be holding S own very There has been a n li S building, Lo be sure, but home construction is continuing at a fair rate. This is largely due to the fact that the auto- mobile is enabling people to move from congested centers to the sub- urbs and the country. Such “migra- tion" can be dependcd upon to con- tinue for some ycas: to come. The good wages that mechanics and others are getting also help to in- crease home building Lumber Sales Decline. Statistic on hand, at this time last year unfilled orders amounted to over 7,000,000 tons. The steel business is good at the present time and distinctly better than a few months ago, but it is at a rather criti point and a few more or a few less orders will material affect the price during the next three months, Coal Markets Inactive. 0al markets show little activity. on-union mines are doing a fair iness, but many of the union mines are running on part time or at a loss. Unless production is curtailed or con- sumption increased prices cannot very well go higher. The settlement of the wage question in the bitu- minous, flelds ‘should eliminate ail bility of a strike this spring. It Should alvo tend to stabilize the mar- ket. Crude oil production is making a small gain and the entire oil situa- on looks better than it has for some time. The shrewd investors in oil securities are now banking on a great increase in the use of fuel oil. When it comes to the discussion of the commodities connected with wearing apparel statistics do not pre- sent such an optimistic condition, Production of textiles, shoes and other forms of clothiug is declining owing to the falling off of the de- mand for these goods. This develop- ment is resulting in considerable un- employment in the textile, leather and other centers. The cotton industry about 50 per cent capacity. this_slackening is due to conditions or to the new lifs brought in by the sbated question 12.— are falling off in certa lumber nles now available show 5 per cent decrease in shipments as compared w same period of last vear. declin 4 produ shows an increase of S per cent This slight line in shipping, to- | KP[!\cr with increased production, ex plains the recent softness in the pric certain gr of lumber. Cement still in a sound position, owing to continued activity in reoad building. Most other building materials ar still steady in price, but there eat di opinion as to how Iong quotat will rematn at their present level The production still at high tide at about of 1923 E very high figure for t stributing co and up. The situation ed in different ways cturers. Some the price operating at Whether weather hat tion so and to wear ..m irs of shoes. When aying for an automobile _must rido the 1 shoes are produ; 1ls considerably below the figure 30,740,000 mad. The hide and suffér correspondingly the men's and bo: that Dusiness is falling oft. Produc- tion of woolen suits this year is run- ning about 20 per cent below the figure of last year. All of these sta- tistics are now able_in the De- partment of Commerce in Washington and will become more and more val- uable as they are studied in conne tion with these indust Believes Hoover Wil Although the Department of Jus- tice has apparently tried to di courage publication of such figures I convinced that Secretary Hoover, 10 favors their publication, will win It may be to the advantage of cial interests and to culators wave the court sustain ex Daugherty's opinion, but t tion a are avers of automobiles is 1 is now running es are s has been intery by differe on certain ity of reducing by bring- out an entirely model Tire Production Shown. Most of the nufacturers are fecling distinctly for the time | being.” One company, at least, in| has a runced at they will | on any more dealers for iext three onths because their | have all the orde: that they an handle The total tire pro- duction is run over 4,000, per month and the { output \houltl exceed that of Of course, great question in this field toc that c he future of the Investors in tire securi watch this development fully If the public stam I;H.!.um tires it means that this type Wwill rise in pri 3 pressure next holds mode: obyv e new Win. to usiness or un soma other physi we know about it t same principle z ) sooner e better and the applies to general in y is balloon tire, neral activity as reflected b sgnchart is running at 6 per cent below normal as compared with 2 t above normal on January 1, 924, and 18 per cent above norm a year ago. The recent drop is due to exceptionally large failure figures, the during the duetion | hould | two | un- | Manufae polis Pine Minn in ord The orporation the reports pments ‘corcespond- utomobile | Probably both | ers' | street north , D. C, SATURDAY, APRIL 12, 1924 THE EVENING STAR, WASHINGTON, A Concrete Bungalow of Origihal Lines and Convenient Floor Plan ams The Wee Littlg Hoqse of Your Dr [ This little house Is a gay affair, | ing groups of windows. Another bat- | just large enough to hold the brand- | tery of windows looks out onto the new family of two, with an extra | garden—which must, without question bedroom for dn occasional guest. be an fmportant part of a home of Picture it in deep cream stucco (on | this type—and across the living room metal lath), with a bright green shin- | another group of wind. &le roof—or the beautiful tones of the | the view of the front of the hou multicolored shingles if one prefers a| Across the fover hall we find less vivid effect—with a warm brown |bedrooms and the bath, with the chocolate window trim. In the flower |\ 10Scts Which are so i “"”rr‘l gt boxes on the terrace bloom scarlet ‘privacy for the bed | geraniums, white candytuft and long | 8. {1oops of dark polished fv and bank- ed against the house grow vari-color- ed tulips in spring, hollyhocks, pop- | ples and nasturtiums in summer, as- |ters in the fall-and the green of | shrubbery all the year round | ‘There is a: wonderful porch which, | Par | glassed-in, turns into a lovely sun-||/\ | parior; then a_spacious living room |i with the fireplace between the charm- | ! | | d s is in limite little hall from arating the ping quarters, ture to many | ing room family life; ¢ be gott old or young folk aining still in 1; dinner served the dining room the ame go on unnoticed by those m: who 5807 Crooks W. C all 3d street t. to Robert H. Badd F. Bdwards, lot , in_squire 4208, to S Lutheran Church For Marie McCoy, }\umh. to Kennie ¥ For A. M. Cooper, 1153 1st stroet northwest, to Nils Chalmars. This 6thls made through the office of | Jack Leonard Capitol stre $54,000 REALTY SALES. i ——— { Austin M. Cooper Announces Num- | tephens’ ber of Transactions. 15 D Brown Realty sales totaling $54,000 were street announced by Austin M. Cooper, as | follows: For street Chinn ¥or Snarr, northw to Minni Robinson. For Vincent L. Toomey, 1613 7. Norton. 435 3d street| 1 Charles Behrens, northwest, to Mrs. 1324 Mattile R 13th street| mya Assocl, tern Pine Manufacturers’ mills, according to g, show and_ shir about th and three fewer tion re- 10th For W. northeast, For Ada M. with last ting. nts s repe gives us| ard | and | REAL ESTATE. Ir ner guests during the whole meal, for the group of four great windows al- | lows us to look dircctly out at it. So the living room ix not the only | view to our garden, and this g! \e-«’ i(l‘ double purpose for having it very ne. The pantry between the kitchen anel dining room, is ‘most convenient. If one desired, doors might be made to open into the dining room from the | dresser in the pantry, which will hold | all the dishes used in the dining room, 80 that the table could be set with nq extra steps. Salads as well as d may be made in the pantry and serv- ed from here. There is a sink for washigg vegetables and dishe: There are closets and dressers for any purpose necessary in the kitchen, and one will never be at a loss where to put kitchen utensils as there is room galore in this kitchen. The i bex may be iced from. the porch, thus | avolding the dirt which this daily | necessity brings If the ice has to be brought into the kitchen. Work must | Note what a careful study has been made of the housewife’s time and comfort in this little house for a happy family a sleeping in the other part of the simplified in relation to the whole. | iounas ps you will find it your ideal of T a home. And, if not, it will certainiy The dining room leads from “"‘nmmn many able suggestions for living room in such a way that you are going to build rés 'in the glow from the lvin m fire. Thus, while living and dining d information as to building | thrown together, there | costs can be supplied by any local and advantage For information as to pro- and the music ring the building plans of this sc Design No. 78, send a stamped self-addressed envelope to the | 2ditor of The Star. to start when Iroom of quite important siz The garden will be enjoyed b < CHURCH TO GIVE PALMS NEW HOMES ARE SOLD. Sales of new homes in 14th Street| ¥ will be celebrated mJ Highlands, Columbia Park and P in the Church of | Worth were announced by D. J. Duni- Dr. C. E. Rice, the pa(.t‘:flh s follows 1 preach a sermon on l’alm William “The Palms" Tth street Matson. The dis tribution of palms has been for years church Sunday sche nd kinderga rvices for j nounced for Good Friday The You Union will tomorrow | the t | i | | morrow morn Our Father. tor, w Sund ‘ln un, o S | { | Kehoe purchased 5304 | rthwest, Albert Younsg,| reet northwest; John O, Tth street northwest; | Dieterick Ingrabam | northwest; William Neal, ’ Thomas l" orth- | 13 i Varnum street northwes! Mavhew, 301 Webster street west and Ben ( 406 street northwest. 3:30 am are an- ursday and" Christian | service with Maundy = . = ! instrument used to hear bugs | called a microphone, but at | the The talk | time: {a10-9014 G |build 1901-1903 Lawrence stre | 44th street southeast; and A. Loveless, to build 3318 !nland terrace; $5.000. Osgood, repair slrn(-k northwest; $1,000. C. A. Carry, to repair 241 New Jer- sey avenue; $10,000. John Moon, to $14,000. Helder, $5,000. pmeck, to repair 1754 S street | northwest; $4,000 GOING UP’ , Washington Gas $495,800 IN PERMITS i FOR BUILDING ISSUED| | 1720 H to build 3431 16tk District Report for Week Covers' Construction Operations Throughout City. to build 5224 Light Company, and Water strect MANY HOMES h 00. to Repair Work Also Will Be Under-k taken, build 4517 Potomac eld, Martin, to build k Church road; $11,000 v, De Butt, to build, Alab: avenuc to repair 4610 15 Rack 13 street ued during the |n southeast; hed a total, | ¥ e airston cost, ""Im.‘..v 1210 | $70,000. Building permits week by the District r in estimated construction $495,800. The list follow Washington Market Company, tol muel W, repair 12th and E streets southwest; | 51766t Deab $6,000. | B.H C. F. Norment, to build seven houses, |avenue 2501-2513° 37th street northwest; | I R orth $28.000. b John Herath, to build 2245 R street | southeast; $6,000. V. W. Kramer, to build three houses, street, southeast; $22,000.|st V. W. Kramer, to build garage rear | 910-914 G street southeast; $9,000. J. L. Loose, to repair $10-316 street, and 1435 9th street; $8,000. A. Valenti, to build 2062 Rhode Is: land avenue northeast, storc and flat; $15,000. | National Construction Company, to | t north- | & Cl 15 to build apart h street northwest; Darne Alabama to build, venue south- y 32d Miles, $2,000 Howenstein, to Carolina avenus to repair 2901 Sherman build’ 1430 northeast R. Howenstein North Carolina build venue 147 north- to build 210 15tH P| | | FOR LEASE APARTMENTS 900 19th St. N.W. One Square From Pennsylvania Avenue east; $12,000. . A. Hofferberth Construction Com- | to build 1830-36 A street suulh-] $20,000. H eph’ D. to build 1324 $1,800. | E. H. Bon Durant, to build 3 a street northwest; $6.000. A. E. Gude, to build 3111 Cathedral | 000, alon, to build 11 Morse street northeast; $18,000. | A. G. Chroniger, to build 730 Crois- sant piace southeast; $2,000 ! H. Klevans, to bufid 1401 Ingraham | street; $10,000. H. A. Kite, to build 4301 9th street; $16,000. Richard Horn, to build, near Alabama avenue $5.000. ©. Phillips, Branch ro: Womack, New Fire-proof Building 25 32 Ready for occupancy about May 1st. Two-passenger clevators and switchboard with twenty- four hour One kitchenette and bath; kitchenette and bath. Very Reasonable Rentals LUCHY AGE: Main 2345 5-1119 service. room, two rooms, and 4315 324 street | southeast; | G. Piney to 1 SHANNON_ 713 14th St. 918 4Sth| northeast; & Belt, 1 Bryant ht houses, Massachusetts Park The Triangle of Increasing Values —between Connecticut Ave., Massachusetts Ave. and Woodley Road (Cathedral Ave.). Over five million feet of land sold. Over 150 homes from $15,000 to $200,000 built and under con- struction. Actual improvements and home values exceed $5,450,000. Wooded villa sites, lots, central and ie hall homes, with lots from 50 to 115 feet front. Park Office, 32d and Cathedral Ave. (Woodley Road). Illustrated book, with names of purchasers, mailed on request. Middaugh & Shannon, Inc. Establixhed 1599 nggs-Semmes Bldg., Dupont C u-cle, Potomac 2200 Washington Real E FOUR BEAUTIFUL HOME OFFERINGS Perfect Comfort Choice Surroundings Highest Type Construction Abundance of Shrubbery Center-entrance type, with large living room, spacious dining room, breakfast room completely équipped, and large butler’s pantry and kitchen. Second floor has four extra large bedcham- bers and bath. " Breakfast room furniture built to match room. Garage to match. Originality—Style—Charm No Other Home Can Offer You These at the Price 6 West Blackthorne, Chevy Chase, Md. OVERLOOKING THE COLUMBIA COUNTRY CLUB, A FEW STEPS WEST OF CONNECTI- CUT AVE. A PERFECT DUTCH COLONIAL First floor contains center entrance hall, large ’ living room, with open fireplace, a glass enclosed sun p’ir]or with windows on-three sides. Spacious dining room, pantry and kitchen. Second floor has three large bedchambers and a small dressing room. -The large front bedroom has an open fireplace and is unusually light. Complete with garage. Open For Inspection Sunday From 10 A.M. to 9 P.M. Beauty—Charm Environment The Highest Type of All Three Combined in This Most Desirable Home Next to the Corner of Bradley Lane and Conn. Ave. Directly Opposite Chevy Chase Club The most advantageous location in all of Chevy Chase. Situated on nearly an acre of ground filled with shade trees, flowers and shrubbery, this house has an irresistible appeal. ~ INSPECT TOMORROW ARNOLD AND COMPANY 1416 EYE STREET MAIN The Ultimate in Home Comforts Architectural Beauty Combined With Construction of the 1640 Argonne Terrace Unlimited in refinement, this home offers supe- rior quality to the discriminating buyer. Large living room with real colonial fireplace, inviting dining room with most pleasant lighting '1rranrremcm pantry and kitchen. Second floor contains three spacious bedrooms and bath and large heated enclosed sleeping’ porch. Many un- usual features. Built-in garage. OPEN FOR INSPECTION SUNDAY FROM 10 A.M. TO 9 P.M. 2434