Evening Star Newspaper, November 29, 1924, Page 18

FARM SALES SHOW HEAVY INCREASES Regained Confidence Re- flected in 42 Per Cent Spurt in 1924 Over Last Year. The number of farm sales made in 1924 shows an increase of 42 per cent over the number in 1823, ac- cording to a national survey of the farm land market which has just Leen made by the national assocla- tion of real estate boards. There has been an incr ® of 44 per cent in the number of acres sold and an increase of 65 per cent in the total conslderatfon paid for farms pur- chassfl. Fow far the feeling of confidence Thas spread is indicated by the fact that 85 per cent of the plies to the association’'s questionna indi- cate a market which is more active than last vear or cqually active Only 18 per cent replied that the market is not so good. As to the future the outlook Is almost unani- mously optimistic. Basing their con- cluslons upon the increase which has come in the price of farm products 94 per cent of the dealers reporting anticipate a liveller market during the Winter and the succebding season than has been prevalent during 1924, Prophecy Was Fuilfilied. Conclusions of the present survey bear out the forecast made by the survey of November, 1923, that farr land prices nationally had reach the bottom and were destined for av upward climb. The rapid recove of the price of farm products the Summer hastened this d \ ment. Eighty-eight per cent Present reports indicato (hat are either stationa or up. ver counties in which there had been almost no sales in 1923 have reported 2 market which is assuming normal proportions. The greatest activity in farm ing is reported in Central State cluding the great corn and belts of the Mississippl Valley along with bettered pri stock, wheat and corn, there has be another, factor working for a q recovery of the farm market Th is the feeling prevalent among both farmers and farm land dealers that the deflation which entered into ti price of farm lands in 1919 and 19 18 complete. wheat Here for live Extremity of the deflation is shown | by the fact chat current prices fo farms in this section are reported as much as 50 per cent helow those ceived in 1919 and 1 'me now complete ¥ ascend- ting no iformly Here there re- it is change in prices are the older farming regions has been no change since 191 Reglons Recording Ad Kansas, Nebraska, the Dakotas report the most out- standing improvement, with o eections of the South and Central Eastern section following closely be- hind. Increase in sales has been most pronounced in the Central Lastern, North Central and Pacific States, and in Canada. There has also been a noteworthy advance in some of the States of the Great Lakes region The North Central States show an increase of 51 per cent in the number of farm sales, an Increase of 4% per cent in the number of acres sold, and an Increase of 48 per cent in the con- sideration paid. The Central Eastern Btates, with an increase of only 21 per cent in the number of sales, show an Increase of 331 per cent in the number of acres sold and an increase of 207 per cent in the consideration paid. The Southern States show an increase of 220 per cent in the num- ber of sales, an increase of 7 per cent in the number of acres sold, and an increase of 49 per cent In the pric pald. The Great Lakes section shows an increase of 23 per cent in the number of sales, an increase of 3 per cent in the number of acres sold, and an in- crease of 83 per cent In the consider- ation pald. The Pacific States show an ingrease of ent in the Minnesota and 242 per cent in the number o #0ld, and an increase of 34 per cent the consideration. The Mountain tion alows an increase of 4 per cent in the number of sales, an increase of 25 per cent in the number of acres wold and an increase of 9 per cent in consideration paid. The North At- lantic States show an increase of per cent in number of sales, an in crease of 45 per cent the number of acres sold and an increase of 50 per cent in the price paid The Chinese peanut crop, which Yow exceeds the American production, had {ts beginning in four quarts of American peanuts tuken to China 35 ears ago by a missionary. ole——0lal——xalal—xln|——=ln| ———la|——2 1 1418 Eye St. N.W. o fll o] Ifl o] lfl o] How the old M. B. Warder home Sixteenth and F BETTER HOMES DRIVE NOW IN FOURTH YEAR; IWTEREST IS GROWING | (Continued clid streets. Women's Clubs; Dr. Lee | chairman of the National Lida 1afford, rs of the Women's manager of th, deépartm amber of neis King *arm Professio K Frankel, Health Council; | director of head and Garden John F. Lyons, preside | | National Feaergtion of M s W. C. Martin, Division nt of the ic Clubs n of the| John American | Prichard, | -«d»r\(lml{ Al Women's | f head of the Miss Adella National wmm Payne. )88 ident of the Assistant Secretury of the Schuttler, former chair! | the Women's Division of the Fe | tion of Farm and llome Bureau Louise Stanle f of the Bureau of Home s the Depart- ment of Agr Taylor, rent commi: of Colum TUnited education; T ¢ and dire ation, and Mri a former president of the | General Fedsration of Women's Clubs. The list of co-operating organiza tions includes the Departments of | Agriculture, Labo nd Commerce mi] the United l!un. the thner John mumissioner | | trict of other Umn official ones with better homes in | ide the American Child | the co-operating America inc Health A s Association, the Amer: Community Service, i arm_and HHom Congress of the National 1 Profes- | the National | Clubs, the Na- tional Health the' National Parent-Teachers As ion, and cham- ber of commerce and building and loan associations throughout the United States. 3 The details of a lo do not vary greatly » first step taken in organizing a better homes | demonstration s the appointment of | 1 chairman by national head- | h ian_selects Red Cros the Fede Bureaus, Federation wonstration streets will look when erected In the garden of Maj, George Onkley Totten at a general ¢ommittee to determine the co-ope cured. One of these Hampton 5- room Bungalows m West Chevy Chase Heights On Main Rockville Pike 2 Squares Above Bank of Bethesda “Hidrdwood floors fire- place, gas, electricity and all other modern conveniences. Lots 60x100 JAT v real bargain b’ $6, 975 Salesman Always on Property THOS. E. HAMPTON Phone Bethesdn 244 'r SRMS, and Just Attractive Features New Outside View, 3712 Jenifer 700-18 JENIFER ST. N.W. (Just East of Connecticut Avenue) We can’t picture the attractiveness of the price and terms, but they’re as uniisual as the houses are beautiful Sample House, 3712 Jenifer St. Open -for Inspection Daily Until 9 P.M. N. L. SANSBURY CO., Inc. “Everything in Real Estate” Phones Main 5904-5 Realtors HOME FINANCING THEORY EXPLAINED One of Most Vital Factors in Building Today, Realtor Tells Y Class. The development of real estate fnance has become, perhaps, the most important factor in making for home ownership, James D. Hobbs, local realtor, stated in discussing the subject of real estate financing be- fore the real estate class in the Y. M. C. A, There is little difficulty, Mr. Hobbs pointed out, in accomplishing the construction of & home If the money is at hand with which to pay the cost. “Perhaps’” he sald, “95 per cent of those who build or buy a home do not have sufficient money with which to pay the cost price. Yet experience shows that practically 100 per cent of those who borrow to bulld or buy a home on the Instaliment plan eventu- ally pay off their obligation or re- duco it to such an extent that it forms the safest xecurity for the lender. The operative builder must arrange with definite accuracy the finaneing of his operations. Realiz ing the need and demand for house accommodations in a growing city the builder will secure the most suit- able land available and after divid- ing it Into city lots proceed to con- struct home. “requentl. “IlilllHII|II(I|!IIIIII|IHII!IIH| IR that was located at Fifteenth and K {ype of home to be exhibited. An ad- visory committeq, is selected and the ation bt local officlals is se- Local committees Include one for ction and beautification of the to be ronstrated - and the surrounding it. This com- duties are evident. A housc- hold cquipment commitiee arranges for the lighting and heating equip- ment of the demonstration house, and selects the equipment and furniture Kitchen, bathroom," laundry ment. committee electric curtains, all the ¢ the owner of the land Open all day Sunday 3525 10th St. N.W. Eight rooms and bath, elec- tricity. Entirely redecorated. Terms, $1,000 Cash. Monthly payment of $75 includes all interest. WM. P. NORMOYLE 810 F St. N.W. Main 2255 Another paint, rugs, for selects wall- fixtures, furni- draperies and pictur rooms of the house. nt of the demonstra- | reception of the pub- 1% Better Homes week is placed hands of 3 fon commit- This committee onsible for the demonstration house during the week, and is virtually a committee of hostesses. Sometimes ake charge of home model kitchen contests. A budget committee usually is appointed to prepare a budget for the demonstra- tion and arrange for raising the small sum of money needed. 2 : a committee is forried economics and YOUR ATTENTION Is Directed To the Homes We Are Building in Wesley Heights “THE GARDEN SPOT OF WASHINGTON Here you will find a variety in types— from the five-room and bath bungalow to the eight-room and two-bath Dutch Co- lonial—all detached. In these homes you will find the very highest grade of material :md workmanship. They are built according to “Miller Standards,” which insures the best in every detail of construction and design—from cellar to attic. Come QOut Sunday and inspect them for yourself To reach Wesley Heights: By motor—Drive out Mass. Ave., cross over Wisconsin Ave. and turn to left into Cathedral Ave., which leads to property. By trolley Get off at Wisconsin Ave. and Macomb St. and take Wesley Heights Bus. W. C. and A. N. MILLER 1119 17th St. Realtors Mzin 1790 [ a Couple of the Many Found in Our Chevy Chase Homes g Inside View, 3712 Jenifer | fl | | m ATURDAY. is unable to a of his holding in small parce varfous buyers lacking capital necessary to properly develop it with modern buildings, and he is therefore ready to negotiate with a builder who will develop the land. Under such an ar- rangement the bullder often secures the land for a partial cash payment, giving a mortgage for the unpaid balance, and releases tho mortgage in sections as his building operailons develop. This makes it possible for an operative bullder to create homes without the complete outlay of his own capital and provides a means for the average person to purchase a home with a limited amount of cash and an arrangement to ultimately pay for his home through a monthly payment system. This glves the purchaser an opportunity to enioy the comforts of home ownership and sometimes at a carrying charge les than he might ordinarily pay for rent and serves as a distinct incentive to- ward compulsory accumulation of savin in the payment of his mort- gage,” ho sald. A great majority of real estate eals,” Mr. Hobbs said, “required (R some degree of financing In order t bring he purchaser and seller In agreement as to terms. When the securlty is good, the question of financing, while extremely fmportant, is almost always practical, for the reason that financial and other insti- tutions usually have available funds which they are anxlous to invest in real estato mortgage securities, and the experienced broker is famillar with the sources from which such funds may be, obtained, and as a re- sult is abloe to consummate many deals where the purchaser has not the full amount of cash required by the seller.” At the next meeting of the class|| the subject of landlord and tenant relations will be discussed by Joseph T. Sherier, member of: the local board e Flre Sweeps Pier. JERSEY CITY, N. J, November. 2. —Jersey City today experfenced ifs third disastrous fire In as many weeks, when Pier K of the Pennsylvania Rail- road Wwas practically destroyed by fire. The structure was used for the loading and storing of express and frefght. A Detached Residence Center Hall Type JUST COMPLETED L == 5208 Colorado Ave. N.W, Immediately Adjacent to 16th St. 10 Large Rooms. 3 Complete Baths Breakfast Porch and Sleeping Porch Large 2-Car Garage EEEEEEEBEE:‘ — OPEN SUNDAY, 10 a.m. 1 L. E. Breuninger 706 Colorado Bldg. | S lifllVfill’lHWl‘”HiH OVEMBER 3 5 p.n. 3 o Sons Main 6140 Himim il REAL Lumber Trade Increases. An increase in production, ship- ments and orders for the week end- ing November 22 is {ndicated in re- ports received by the Natlonal Lum- ber Manufacturers’ Association from 379 of the larger commercial saw- mills of the country, as compared with reports from 385 mills for the preceding week. Produotion increas- ed 9,596,277 feet, shipments 36,877,362 ESTATE. TR T (LT E Downtown Apartment New Modern Building 1210 12th St. N.W. One room. areasing room. a real Xitelien ‘haths ox font 25 Open rnr nupu-uun F. SAUL CO. Main 2100 1412 Eve St. N.W. Apartment Home— Don’t Pay Rent The United States Is the Greatest Proof That Common Best Served by Interests Are Co-operation The co-operative apartment is in a small way what the United States is in a great way. It 1s simply a union of common interests with an agree ment to co-operate in the welfare. promotion of the general Cleveland Park Apartments 3018-3028 Porter St. NW. Spacious grounds, garages. 3 Rooms and Bath, $58.00 & $59.00 4 Rooms and Bath, $71.00 & $72.00 A modest cash payme yments shown above w tead of rent receipts Come out Sunday : ment furnished by- nt and the 11 bu; W. B. Moses & Sons To get there, o Porter, the fourth street go Zoo, and walk 174 blocks north of 11 Representative on pre Phone Cleveland M. & R. B. Warren Owners and Builders EDMUND 1J. FLYNN CO., Inc. Exclusive 925 15th Street N.W. Agents Main 9770 2 22 7T 27 MUNRO BU LT BRICK HOME IN TWO HIGHLY DESIRABLE LOCATIONS & Will Buy One of These Desirable New Homes. Just North of Avenue N.E. of the ordinary. Priced from 1433 K Street NW. 13th & Florida Ave. N.E. 1401 to 1425 TRINIDAD Thoroughly " well-built Eng- lish-type architecture. Distinc- tive in appearance and really out $8,150 to $9,850 WM. H. SAUNDERS CO., Inc. Why Continue to Pay Rent When Your Rent Money Near Sherman Circle 308 to 528 Crittenden We Street N.W. suggest that you i these homes and compare them with any others in this section The lots are 20 by 142.5 icc he buildings are on solid g« Priced from 89,550 to 810,55(} Or Your Own Broker MEMBER OF THE WASHINGTON REAL ESTATE BOARD ; Main 1016-1017