Evening Star Newspaper, February 14, 1925, Page 20

20 SEES GAINS AHEAD INCOAL INDUSTRY Babson Predicts Advance in Prices and Steady De- mand During Year. REAL BY ROGER W. BABSON. Special Dispatch to The Star. 2 BABSON PARK, Fla., February 14. —I am bullish on the coal situation. It is well enough for the bears to talk about witer powers and various other things which are competing with coal, but no one needs to fear an ultimate overproduction of anything which supplies power or heat. Temporarily there may be a surplus of these things, but over any considerable period an increase in the demand for power and heat is inevitable. Coal has always been the great factor in the production of power, and so far as we can now see will be for many years to come. Most all heat s generated from 'coal. Even if gas becomes a great factor In cooking and heating, this is still a bullish point on coal, because the gas Is made from coal. Predicts Higher Prices. Bituminous coal consumption should really be the best barometer of gen- eral manufacturing business. Nearly all our ories are run direct by coal, wh most of those which are| operated clectrically are operated in- directly by coal The other best barometer of business is bank clear- ings or check transactions, as they are properly called; that is, the amount of checks cashed in any community. In view of this situation the following statistics are of great o 68 192 T asznnz [ 1t will be seen from the above table that ordinarily check transaction | and bitumino al go up and down | together, but that 1924 has been an | exception to the rule. Either check | transactions have been too heavy | compared with coal production, or the | coal produced has been too little com- pared with check transactions. Per- | sonally. I believe that coal production | is abnormaly low at the. present| time, and that higher prices will be seen during 1925, cert. Coal at Five Cents Per Ton, It must be remembered that in buy- | ng a ton of coal one does not really | pay much of anything for the coal. | Coal sells underground at, say, & cents or less a ton. It is labor and | transportation that we really pay for when buying coal—that is, we pay the cost of getting the coal up out of the mine, the cost of rting | it by rail. and the cost of delivering | it to our homes. Without doubt, wages are abnormally high in cer- | tain lines today, and wage readjus ments which were started in 1924 wi continue during 1925 in many lines of industry. Wage reductions In the textile industry, the shoe indus and even in the automobile industry are inevitable. It happens, however, that most all out mine workers have come from southern Europe, ch immigration | is now restricted by law. Although | there may be some temporary I ductions in the wages of coal miner: et so long as the present immig: Individual English Design Those who have in mind the purchasing of a residence of high class should inspect this property. Overlooking Sheridan Circle First Floor—Reception hall, library, toilet, kitchen, laundry and pantry, refrigerating and store room and servant’s dining room. Second Floor—Main re- ception room, drawing room, dining room, butler's pantry Third and and maid's dining room. Floor—Four bedrooms three baths. Fourth Floor— Two bedrooms and bath, four servant's rooms and bath, back stairs; finished attic for storage. Price, $85,000 Thomas J. Fisher & Co., Inc. 738 15th Street N.W. ‘Washington, D. C. Main 6530 Shopping District. 702 Butternut St. N\W. 6 rooms, am.i., full sized attic, cement base- ment, real fireplace, cedar closets with automatic lights, built-in refrigera- tor in pantry. $11,750 $2,000 Cash Payment 1410 H St. N.W. and early Summer. Excellent Schools and Churches, Theater and The best place to buy is in OUR DEVELOPMENT OF Takoma Park Two Homes Just Completed We Have 5, 6 and 7 Room Houses on One Floor CYRUS IMMON NEW HOMES ESTATE. THE SNAPSHOTS OF A BELLBOY AT WORK. LIRS N LEADS WAY DOWN CORRIDOR. WONDERING HOW MUCH OF A TIP THIS MAN'S GOOD FOR REMEMBERS UNEASILY HOW CAREFULLY MAN COUNTED H5 O TREAT HIMSELF WELL TO CHANGE WHEN HESTOPPED ™ CLOTHES, AND AS SUITCASES RAISES WINDOW KEEPING EARS PEELED YOR SOUND OF TINKUNG CHANGE A LTTLE MORE TIME AND CAREFULLY CLOSES WINDOW ROUND ROOM TO SEE WHAT FINDS MAN WAS JUST REKH- FINALLY TURNS T PLAY HIS NOTICES WITH SATISTACION ING FOR A MATCH TO LIGHT (1= TRUMP CARD. MOPS BROW, THAT MAN-HAS COMETO AT GAR , AND WITH A SIGH STARTS LOBKS MAN SQUARELY IN EVE LAST. FIXES BVE ON CEiL~ ADIUSTING SHADE AD JSKS SGNIFICANTIY 1S NG S6 AS NOT TO HUR- THERE ANYTHING EISE? RY HIM BUYACIEAR, - BAD SI6N, THAT 60 THIS ONE COST SOMETHING PEELS MCD BETTER GNE MM HAVING DONE ALL HE POSSTR- £Y GIN TO WINDOW GLANCES EISE HE CAN FIND TO DELAY REMARKS PLEASANTLY IT'S talk on Japan last night before all PRETTY COLD FOR THIS TIME OF the congregational young people's YEAR, SNAPS ON AL THE societies of Chicago and environs. THEM OFF AGAIN OBSERVLS WITH RELIEF MANS LIGHTS, AND SNAPS MOST 0P HAND 60MNG INTD CHANGE POCKET AND DISCREETLY BUS- 1ES HIMSELP STRA) PINCUSHION ON ~ JINGLES THE GUARTER DOWN @RRIDOR,REFLECTING IT ISNT RIGHT TO HAVE TO WORK SO HARD) TO MAKE TRAVELERS REALIZE “THEIR RESPONSIBILITIES JGHIENING BUREAV tion laws are in force wages as a whole will be higher, rather than is an extension of this period, which seemed to be the case with bitumi- lower, in the coal industry. nous coal prices throughout the en- | The - - tire year of 1924. This has made Epeinh: iaten s St coal buyers careless. It should be|normal, The same general reasoning applies to freight rates. Although the freight rates may be reduced on grains and n other commodities which are largely exported, and which we must remembered, however, that such con- ditions will not continue indefinitely. Because we could get coal at low prices any is no time during prices may action of the reason why this condition will exist in 1925 or 1926. Babsonchart which now stands at 6 per cent above is further evidence for be- lieving increased activity and higher expected in the coal mining industry. No such discrepancy can long contin EVENING STAR, WASHINGTON, D. C, SATURDAY, FEBRUARY 14, 1925. —By GLUYAS WILLIAM — e — ON THE OTHER HAND HE SEEMS . |DECLARES JAPANESE LIRE UP TO STANDARD ASKED Pastor S8ays Nation Will Respond ‘With Honor to Honorable Treat- ment by United States. By the Associated Press. CHICAGO, February 14—Kick any dog around and you can spoil his dis- position, Rev. Albert W. Palmer, pas- tor of the First Congregational Church of Oak Park, 111, said in a “If you expect the Japanese to be honorable, peaceful, fair and just,” sald Dr. Palmer, “they will respond on the same level every time. I know, for I have lived intimately with them in Hawalii for seven years. It is a deeply implanted instinct in the Japanese to live up to what they think is expected of them. They will play whatever game the rest of us propose. “The policies of the ‘old military party in Siberia and China have been reversed and revolutionary changes have been made in the administration in Korea. Let us not play into the hands ©of the old militaristic party in Japan by foloish military preparation and bluster.. sheE g o Gambling Is its own reward—any way you look at it. 20 HOMES ARE SOLD. Little & Marshall Deals Involve $185,450 in Manor Park. Morgan E. Morgan, sales manager of Terrell & Little, incorporated, re- ports the recent sale of 20 bungalows and homes for Little & Marshall, in Manor Park, D. C., amounting to a total of $185.450. Little & Marshall are now breaking ground for fifteen new homes. Preston E. Wire is also building ten bungalows. S PLUMBERS ASK RAISE. Baltimore Union Asks Increase Ef- fective May 1. BALTIMORE, February 14.—Union plumbers here are negotiating for a wage increase, effective May 1. The plumberssnow get $9.50 for an eight-hour day. Unionized sheet metal workers will go from $1.10 to $1.20 an hour May 1, and members of the Painters' Union from 90 cents to §1 an hour on March 1. A transparent umbrella, which pe mits the user to see where she is g ing, and scissors with Interchange- able blades are two novel inventions ntly patented by women (1 Now | 207-9-11-13 New Apply W.J.PI ment locality. FOR RENT 4 New Single Stores | 20x50 Feet to Alley An exceptional opportunity in quickly developing apart- 1416 F St. N.W. Rented) York Ave. N.W. LLING sell in competition with foreign products, yet there is little prospect of reduced rates on coal. The rail- roads cannot afford to haul coal for any lower than they are hauling it. As our cities are becoming n,ore and congested, it is costing more | to deliver the coal from the | railroads to our homes. Our entire | civilization is facing greater, rather than lower, lubor, freight and deliv- [ home is fully worth while. HAPPINESS —the goal of all mankind, without which no life and no ery costs. i | brings HAPPINESS to In view of these facts, together o with the additional fact that the || e an children and grown- eneral business Is improving while | ) it onsumplton 1n remaining relac B ups alike! tively low, one is led to belleve that L B e B toal prices will Inevitably rise after | or the “kiddies” it means the freedom of the scasonal low point of the year outdoor play in safe and healthful surround- is rea ed. This means that wise . inanufacturers, merchauts and house- ings. holders will buy coal heavily this ¥ Y, EVEITES as it foprortunl i prsstuts For the parents it represents the joy of owner- itse 4 : ' From a seasonal polnt of view ship, the security of sound saving, the pleas- the lowest ices are in the Spring Sometimes there Only One Left Inspect Sample House 314 K St. N.E. Open All Day Sunday Representative on Premises Seven large rooms and bath, hot-water heat, electric light, large pantry, laundry tubs, newly papered, newly painted. Lot 1544 feet deep. Price, $8,250-00 Easy Terms J. Dallas Grady 322 Maryland Bldg. 1410 H St. N.W. Main 727 vards. Homes, $8,750 and Up Easy Terms SAMPLE HOUSE On Leland Street Drive out Connec- ticut Avenue and through Bradley Lane —then turn right one square to LELAND. “&RD WARREN OWNERS & BUILDERS 925 15th St. Main 9770 Evenings—Cleve. 2252 Why not make this HAPPINESS yours? 6712 4th St. N.W. Large lot and shade trees, side drive, built-in bath tub and shower, 6 spacious rooms, kitchen equipped with one-piece enameled sink with N. P. combination faucet, built- in refrigerator in pantry. $11,250 $1,500 Cash Payment These At s Main 1023 T 1319 Néw York Ave. Commanding a Wonderful View of Grant Circle SedlBi T i e RS IIR Nz ures and privileges of life in a restricted com- munity delightfully situated in Chevy Chase, Md., and having individual homes, concrete streets, cement sidewalks, luxuriant trees, gas, electricity, water sewerage and prox- imity to schools, car lines and main boule- DUNIGAN-BUILT HOMES $8,950 Have More Compensating Features From Every Angle Than Any Other Similar Size Homes. See Them at Once D. J. Dunigan, Inc. M. 1267 ST 1508 Ideal location, house 2. garage, H.-W Main 6140 730 17th Str Chevy Chase Price, $12,950 A practically new, beautifully designed Dutch Colonial Detached Home in Chevy Chase, close to the Chevy Chase Club, and on one of the most important streets of this beautiful suburb. The owner of i ty. desiring to leave town im- property {0 consis cost, and_we do 2,050.00 will not buy As 12, good 8 prop- erty anywhere else in th's section. Tt in center-hall planned, with 8 large rooms and beautiful tile bath, hot-water heat. electric lights, hardwood floors, garage and other modern conveniences. "The lot s 55 feet front by 110 f deep, witl ‘abundance of shade trees, evergreen trees and shrubs, all in ex- cellent _condition. Tmmediate possession and most reason- able terms. Bloomingdale Price, $10,500 ot desirable Three-story Modern Brck "Duclling, focated on the highest Paint of Tirst kt. and close fo the Sol. D S omar This is one of the most e ractise "homes in ' Rloomingdale, and e rvice s actually $2,000.00 less than e Drtmer “refosed for it a year 1tnan nine Targe roms and btk oodfloors o the oor, ¢ ant . "The properts in Iights and a garage. in excellent condi chased on extremely reasor The owner will give possession at once. This is & real bargain. Near Meridian Hill Park West of Fourteenth Price, $18,500 ) O vant’s’ bath: hot-water heat. eloctric her modern conveniences. e " Tooma in. this bouse are unusi- ' bright. 1t has @ lot 50 Ney. with & tw s abundance of shade trees, ® rape arbor, bedge, holly d flowers. D pprecinte the reasonableness of this property, it might be well to state that lots of t size in this sec- tion have soid for high as $15,000 for apartment hou ites. houses Sunday afternoon. north of the Bureau of Standards, east of Connecticut avenue. what an ideal place this is for a just to the east, and the homes on car garage. We ocan sell these properties a very fair price. ALLISON St. N.W. {ft. wide; 8 rooms, 2 baths, 2-car \H. Modern throughout. Open Sunday From 10 AM. to 5 P.M. L. E. BREUNINGER & SONS Reators MOORE & HILL, Inc. Hu IHZEm-X=0n 1m0 HnCw 706 Colorado Bldg. eet Northwest Member of the Washington Real Estate Board Cleveland Park Area Price, $13,500 car line, and is reaily price. It has 8 rooms water heat. electric 1ights, floors, breakfast and sleeping fine lot with & Baite and beaveitnlly asking. It is well Jocated. The owner will. make reason- able terms. Columbia Heights Price, $13,500 Near the corner of Fourteenth and ing Streets. This fs an admirably ed_home in_respect {0 home com.- electric lights. square of Fourteenth St., and in a block that is bullt up with Gesirable homes. The house is in perfect repair, and can be purchased on reasomable terms. Near Twelfth and G Streets Price, $50.000 An_excellent husiness property in this the heart of the shopping center of Washington. Improvements consist of & storeroom and an apartment above. It has a good size lot and sultable for any usines Iy a comparatively small smount of cash is requried to purchase it, An Apartment House Bargain Price, $65,000 A comparatively new apartment house located on one of the most important and widest avenues of the Northwest wection. This b ing is not only a good revenue prodncer, but has a great wpeculative value, reason of the fact that the block in which it is located will ultimately be used for business ses. rtments. all rented on g, at $9,100 per annum, rms. Reasonable 3009-3011 and 3015 Albemarle St. Open Sunday From 2 to 5:30 P.M. We invite you to inspect these beautiful new detached brick Albemarle street is the first cross street and the houses are one-half square It would pay you to come out and see home. It is close to the city, yet has all the advantages of the open country, as Rock Creek Park lies the opposite side of the street have Jery large lots with an abundance of natural shade trees. The houses are thoroughly modern, most conveniently arranged and contain 8 Tooms, 2 baths, with a maid's room and bath in addition, and a two- The lots are 50x150 with side driveways to garage. on very reasonable terms, and at mont and the New Hampshire, 1626~ 1628 been purchased by Lester H. REAL ESTATE. APARTMENTS ARE SOLD. t buildings, the Ver- local representative of the Corpora- tion Guarantee and Trust Co., Phila- delphia, as an investment. The sale was made through the office of Shan- non & Luchs, Inc, at a figure reported to be $75,000. Twin apartm: Swann street northwes Direct From Mill You can have a beautiful, comfortable home—all modern fm- provements—built-in_convenlences—guaranteed first quality mate- rials and save from $500 to ,000 by buying from Gordon-Van Tine. By shipping direct to you from our mills, we eliminate in- between profits. Our system of cutting and sawing the lumber at the mill saves you 17 per cent lumber waste and one-third labor cost on the job. We secure reliable contractor for you. Over 200,000 satisfied customers. Many Gordon-Van Tine Homes belng built now in this vieinity. Let us show them to you. FREE! Book of 200 Home Plans! e e o e e e e e Phone, call or mall coupon for hig Book, containing photos, floor plans, descriptions wholesale prices of | | Gordon-VanTine Co. | 1315 Half St. S.E. I I I I | Colonial Homes and g 1 e T should like to have FREE Book of e S L 200 plans for permanent year-round | v “Gordan-Van Tine Homes." | (jgrdon-!'gn |ll'l! | e NSNS (o sannossns Satisfaction Guaranteed or Money i : Washington, D. C. e } TV L : Between South Capitol and Ist Sts. | s 5 Lincoln 3431 | J| these beautitul new brick Columbia Heights Homes with brick garage to match each house SO WILL YOU! 3 T * Tapestry Brick Dry Basement & = wide Porch H..W. Heat s = Attractive Entrance Wash Tubs * pxmrsrr ¥ Large Living and Rear Porch 4 HOUSE £ Dining Rooms Roomy Yard F Pty Lt Payment = Bright Kitchen Hardwood Floors * winen st. * Built-in Cabinet Fine Lighting ] $75 a Mo. & Porcetain sink Fixtures 2 open and = 3 Large Bedrooms White Enameled .\ righted $8,750 I sieceping Porch Woodwork 2 rus Py Price i Tiled Bath Closets in all s - Bedrooms Windows . Linen Closet P2 = = = PETTERR Drive out Sherman Ave. to Georgia Ave. and Quincy St.. then turn west one-half square to houses. Or take Ga. Ave. car to Quincy St. M.S. PHILLIPS EXCLUSIVE AGENTS TP TITETE EOPRPEPET Main == 4600 8 d X3 o“ 10 Y \‘. il du ) 00 oC0-0% ¢%0-0% o% o %< 0-0% 000% %<0 % o % Loote o ofs oo o{osfeateafeefe ofoafsefeatratocfe ofoatofeateatocts oo ato efoofeatetec The “*Safety Zone™ for the Home Buyer The investment in a Home in North Cleveland Park has a guarantee of value-enhancement— because this neighborhood is safely assured of a development that will not only maintain its present excellent vantage—but increase as the months go by. So much for security of location. Then comes the CHARACTER of the Home you buy. 4315 39th St. Is the Sample House Of a Wonderful Group They are KITE HOMES — planned, built and equipped the Kite way —and that makes sure 0{ your wntln“ed Satisfaflion. Dcfalls are small things—but it's the Kite care for them that makes a Kite Home a permanently profitable investment. The variety of design provides ‘many pleasing effects. There are six rooms, bath, sleeping porch, front and back porches, splendid heating plant, electrical installation and attractive finish throughout. Separate garage. You'll agree the price is tempting—and we'll make the terms entirely convenient. Open for Inspection Every Day— Including Sunday Our Mr. Hamilton is in charge of the Park Office at 4301 39th St. 1i you wish a special appointment, phone him at Cleveland 1490. ) Motor out Conn. Ave., west on Albemarle St., turning into. 38th, or take Wis. Ave. car to just beyond the National Cathedral at Windom St—it’s but a square to these Homes. There is through car service via Wisconsin Avenue. Built, Owned and Yor Sale By Harry A. Kite (Tacorporated) 1514 K St. < Phone M. 4846 MemBer Washington Real Hstate Board ofpolraedrifeadedrafeidrdoodsairadradeadradroadoidraradoadradadoaded