Evening Star Newspaper, December 13, 1924, Page 19

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==l et al —— ol —x [l ——— NEW YORK SHOWS IRIPINBULDNG Permits Issued and Plans Adopted Throughout Coun- try, .However, at Par. tive building actiyities in New owed a pronounced falling untry indicated = will be sustained about Jast year, according to Iy bullding survey 1.4 Co. made, public yes- Noveml in N oxses fu Other Clties. s of considerable propc Angeles, Louis, Buffalo, 3 pared with §2: and with $301 year. st November ctober this 100 citie 24 pe reporting, showed, a loss of nt from last of an sect The P tion, 79 cities reporting, ha 10 per ce from last November. The Central West, 117 cities reporting, had . logs of only 1 per cent, and the South, 58 cities reporting, practically broke even with last November. Comparison of Figures, One of the most interesting features of the November figures was the com- parison between activities in the larger ' |1y broken, and prices firm and rising, , | creased materially since the middle of - | dicative that all have large require- ESTATE, LUMBER TRADE ENDING YEAR WITH FINE OUTLOOK Demand Is Heavy, Prices Firm and Rising, Survey of Industry Reveals. The lumber trade entered the final month of 1924 under auspicious con- ditions. Demand wns heavy—above normal in the case of the two most important softwoods—inquiries were voluminous, and the outlook good; stocks were low, at many mills bad- according to the American Lumber- man of Chicago. The eall for. southern pine up to the beginning of this month had exceeded normal by several points,! and had considerably outdistanced production for the eighth consec- utive week and for eleven of the last thirteen weeks. The mills re- ported that order files had increased until they equaled sbout four weeks' output at current Stocks at the same time are becoming further drained; and many manufacturers have practically withdrawn from the market, so far as some pepular items are concerned An active de ing markets fir manufac TS, and from all consum- reported by Douglas Orders have in- November, and lately have exceeded | production after having lagged be- | several wes West Coast e badly broken, and whole- 2 port a dificulty in placing their business. Drop siding and some items of flooring and ceiling are practically unobtainable. All items have advanced in price and the tendency is still strongly upward Hardwood orders are undergoing a slow but steady expansion. Prac- tically every important consuming industry except the automotive is coming more aggressively into thed market and voluminpus inquiries in- ments to satisfy. not been holding this ratio of activities, but during November they regained their old speed. The total for the 25 leading a basis of permits issued was 67, or 60 per cent of the total cities and towns reported in Straus & Co. survey. Among these 25 cities 17 showed substantial ‘THE . EVENING STAR, WASHINGTON, D. ., 15 SALES LISTED BY REALTY FIRM Brisk Market Revealed in Report of Boss & Phelps’ Trans- fers. A .brisk market. in local residences is seen In the regentireport from the office of Boss & . Phelps. Fifteen transfers are listed, at.approximately $160,000. The sales include: Fred D. Allen purchased 5609 Chevy Chase parkway (formerly Thirty- seventh street), Cheyy Chase, D. C., owned by Nina W. Smith. - Sherwood B. Perry: bought a new house recently completed by Boss & Phelps at 1149 Third place northeast. Dr. J. S. Clemenca sold his home at 1536 Monroe street northwest, in Mount Pleasant, to Agnes L. Fisher. Ashton F. ‘Embry purchased a de- tached house at untington street, Cheyy Chase, D. C.. owned by Capt. R. E. Bakenhus. Maurice H. Reichart bought a new porches, house at 1147 Third .place northeast, owned by Boss & Phelps. Roy N. Covert sold his house at 2821 Twenty-seventh street, in Wood- ley Park, to Emma M. Klager. George P. Gelssler bought a house at- 1477 Monroe street northwest from Harry C. Kimball. Robert Monroe sold a home recent- Iy completed by him at 3612 Thirty- fourth street, in Cleveland Park, to Kate L. Bear. A house just bullt and owned by Morris Cafritz at 925 Delafleld street northwest was purchased by W. N. Croxton. Charles Rodbell hought a house at 821 G street northeast having six rooms and bath. The property was owned by Boss & Phelps. Harry C. Kimball bought a detached house at 3932 McKinley street, Chevy Chase, D.C recently completed and owned by corge P. Gelssler. Joseph F. Bunda bought a house In the Boss & Phelps operation at 1161 Third place northeast. A house bullt and owned by the Thrift Building Co. at 1270 Neal street northeast was sold to James ‘W. Downs, Victor Lepton sold a house at 6627 Harlan place to Joseph W. Burch, Boss & Phelps sold a house at 1155 Third place northeast to Frank S. Pignone. PETWORTH Sold Colonial homes containing six large rooms, tiled bath, ant’s toilet in cellar; cement front porches, sleeping Drive Out Georgia Avenue to Farragut Street Thence East to Iliinois Avenue Sample House, No. 4914 Illinois Ave. N.W. FLOYD E. DAVIS a] Two spacious pantry, hot-water heat; hardwood floors; serv- 2} A campaign against and sales statements so exaggerated a8 to be misleading has just been | recommendation calling for the p: undertaken by the Birmingham, Ala., Real Estate Board. the board reported to the National ssoclation of Real Estate Boards ————————————— citles and the country as a whole. Dur- | gains over last November. ing 1922, 1923 and early in 1924 about . in the larger centers of population. For | Japanese make wooden shoes from several months past the big. cities have wood raised in the Philippines. S000000000000000000000000009000005 5 " Bargain for Quick Corner House Stucco Over Tile 17,000 8 Rooms—2 Baths—Built-in Garage Detached “ Open Sunday, Dec. 14th L& BreuninGer & Soxs BUILDERS and REALTORS Colorado Butlding ~—— Hain 6140 00000000000000000000000000(000500000000000000000000000 % * * : § : b4 3 * * < * 3 * * * <* * 3 : * 3 : * $ : i * * :0“0“000“00000““00‘000““ [ol——=[a][——al———=o[———[ua}| $ m{- Mass. Ave.Park Home I!I 8. 2818 36th Place N.W. One-Half Block from Mass. Ave. and Cathedral Grounds, Commanding a Magnificent View ? DESCRIPTION : Desigried on center-hall plan; 10 rooms and 3 baths; with 2-car garage. Constructed of stoné-dash magnesium [ stucco; red Waterseal tile roof; 74-inch hardwood floors 7 throughout; 7%-inch cedar-lined closets; latest type solid brass hardware; Rogers silver electrical fixtures, with tum-. ~ bler switches. : e Decorated with unusual tints of three-coat oil paints 3 laster cornice. 3 red I?{:ated by the well known Spencer: magazine-feed boiler, which actually cuts the fuel bill in half. House Furnished By W. B. Moses & Son Open Daily and Sunday KULDELL BROS. Builders and Owsers o] ——=[b[——n|——= || ———3|s]c——=[a|——=«] REALTORS 7th and E Sts. S.W. Mt 'iBIeasa'nt A Drawing Card For The Wise Home Buyer <o ZE® 1800 Newton St. Three Stories—Ten Rooms—Two Baths— Fine Condition—Modern Throughout Absolutely a Low Price at the Figure Asked And on Reasonable Terms YOU MUST SEE IT McReeber & Goss - Realtors 1415 K St. N.W. Main 4752 Wesley Beights “THE GARDEN SPOT OF WASHINGTON" >/ n KM Bniversity tional :1‘)?33 ral A “Miller-built” community of detached Homes, with environments that cannot be found elsewhere around, Washington—a variety of types to meet all requirements. The.location assures the; stability of your investment. SAMPLE HOUSE OPEN DAILY ‘f‘- (Or Awy Broker) 1" ' Cleveland 2326 3615 Davis St. N.W. lofc———3|o|———]alc——=lad 1119 17th St. N.W. SATURDAY, DECEMBER 13, 1924, WAR ON FALSE ADS. misleading nat: advertising he will be Fought by Realtors. Hlpmnda i advertising | Tesolutions state. The resolution such action, APARTMENT HOUSE FOR SALE Ouwner Leaving Town —has commissioned us to dispose of his splendid newly constructed cight-family brick apartment house. Building is in fine N.W. sec- tion, located on a corner, entirely detached—every room an outside room. Entirely rented. Priced right for quick sale. In- come over $6000 per year. Cash required between $5000 and $15,000, on which investment purchaser will receive net return of between 30% and 60% per year. This is a splendid investment. Call Manager, Business Properties Dept. 7J/IDL SLAPIRO CO 10_19% ; VOl 1158 WHERE VALUES ARE INCREASING 14+ QT HEICHATS 7725 ALASKA AVENUE Price, $22,500 This is a HOME of most ATTRACTIVE AP- PEARANCE. It is equipped with EVERY DEVICE FOR COMFORT, its plan is full of PLEASANT SURPRISES, it is really a fine example of a high- class home and A VALUE THAT WE ARE PROUD TO ENDORSE. Large lot, beautiful terraced lawns, delightful living room with open fireplace, large side sun porch, dining room, breakfast alcove, most spacious bedrooms, the latest sanitary plumbing. fixtures, double enclosed sleeping porches, hardwood floors throughout, pan- eled walls, exquisite decorations and fixtures. *ANOTHER DELIGHTFUL HOME : 7506 ALASKA AVE. PRICE, $18,500 Detnohed and individually built. This house will command your instant attention and approval. Feetures include: Oak floors throughout, gnolosed breakfast room and tleeping porch, three laree ms, two tiled Dbaths, large attic, completely weather-stripped. Garage. These two delightful homes are a minute's walk from each other. It will pay you well to wee them both. (Out 16th St. to Alaxka Avenue.) = " 1416 EYE ST Inspect These Homes of INDIVIDUALITY—CHARACTER—CONSTRUCTION ' WE ARE OFFERING 1 WOODLEY ROAD . Ready for Occupancy A semi-detgched brick home of 8 rooms, 2 tile baths; brick garage. The cgnvenient arrangement and artistic finish will please the most discriminating buyer. Open and Lighted Every Evening Unli( 9 PM. TI‘E ABOVE HOMES OPEN ALL DAY SUNDAY. FOR YOUR INSPECTION . W.C.and A. N. MILLER - REALTORS i state the purpose of the board to proceed against advertisements of a —_— e. 1f any member of the board is found guilty of such Exaggerated Statements to Be summarily ejected from the board, if the con- s coupléd with a ing In Alabama of a-real estate Resolutions of | license law to protect the public against malpractice by irresponsible or incompetent real estate agents. 2l ——xala|———|a[c———=[o|———|1] Through an error in our advertisement ‘in. The Star of Thursday, secemher 11, the price of our P EL Gallaudet Park Homes —-was given as “Under $7,000.” The correct.stat t shouls read: “Priced Under $8,000.” fairs ] Take Seventh street car marked “Navy Yard” and ride to Eighth and Florida avenue n.e. Walk a block east on Florida avenue to West Virgi avenue, thence northeast on West Virginia avenue to the property. Or motor over the same route. C. H. SMALL & CO. Owne: d Builde: i 1515 MSE NW. o D ). Main 6861 Once there was a Landlord who was truly generous of heart. He owned an apartment building that had been occupied by the same tenants for years. One day he asked them all to meet him in the lobby. When all were gath- ered he addressed them thusly: “Beloved tenants, greetings. I have called you to this meeting to make known to you that you need no longer pay rent for your apartments. “Your rent has paid for the building, plus the cost of running it, plas a goodly income for me. Therefore, I believe it is only just you now should own the build- ing, and I have deeded it to you. I have formed a corporation composed exclu- sively of you tenants, and have given stock to each of you equivalent to the value of the space you occupy and an Occupancy Agreement which gives to you, your heirs and assigns, forever, the right to the use and Occrpancy of your apartment. “The by-laws of the corporation pro- uid‘e that ‘you shall own and manage this bl:ul‘dl'ng co-operatively, and that you shall divide the cost of taxes, coal, janitor, etc. You shall elect a board of directors from among yourselves who shall have super- viston, and who shall each year estimate the cost of operation for the ensuing year and assess it against shares of stock on a monthly payment basis. The monthly cost to each of you will be so small as to be almost negligible. . “I wish you happiness and prosperity in your new ownership.” The tenants were almost overcome with joy upon learmng' of this extraordinarily generous action by their Landlord. They could scarcely believe their own ears. When they were finally con?mced_ they were not dreaming, they began to investigate the plan of ownership. Again tlny exclaimed in praise of their Landlord, this time because of the simplicity and soundness of his plan to form a corporation and create a Co- operative form of ownership. The plan succeeded perfectly, and th 1l lived happily ever afterward. g “Truly a generous Landlord, indeed,” you'll say, “but who ever heard of one doing that?” ) You are not likely to ever hear of one doing that. But you do hear of tenants owning their own buildings under the identical CO-OPERATIVE OWNERSHIP PLAN described in the fable. The tenants in the fable paid rent for years. which “paid for the building, plus the cost of running it PLUS a googdly income to the Landlord.” Our purchasers buy a new building from the builder and own it at once, and their monthly payments pay for the building, plus the cost of running it, MINUS a goodly income to any one That is one reason why we are able to sell apartments on monthly payments which are considerably less than * rental rates. Come out and see our Cleveland Park Apartments Six beautiful, new buildings situated 3018 t6'3028 Por- ter St. N.W. You will be entranced with thé @tractive- ness of this development. There are spacious.grounds, artistically landscaped; garages designed to:harmonize with the pleasing architecture of the buildings; and a private park nearly 500 feet long: by &n average of 50 feet deep. . % 509% of This Development Has Already: Apartments are selling there on a.1-5 ¢ monthly payments as follows: X 3 Rooms and Bath, $58.00 and §59.00'a Month 4 Rooms and Bath, $71.00 and $72.80.a Month build‘?:gd these monthly payments include“v ?nsi{) m_yping the, ; Sample Apartment Furnished by 7 '" W. B. Moses & Sons OPEN DAILY AND SUNDAY To get there go out Connecticut Ave. to Porter, the fourth street north of the entrance to the Zoo, and 1%; blocks west. M. & R. B. Warren Owners and Builders Edmund J. Flynn Co., Inc. Exclusive Agents 925 15th Street Main 9770

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