Evening Star Newspaper, March 28, 1925, Page 22

Living Costs Higher,Says Babson, Urging Greater Care in Buying Specially Good Times to Purchase Every Article, Economist Asserts—More Even Trade Needed. BY ROGER W. BABSON. ¢ Special Dispateh to The Star. BABSON PARK, Fla, March, 28— Prices have again turned upward. Various commodity indices and.:the cost of living figures show that the average Is rising. The question arises as to the effect of this tendency on_general tusiness. . The first effect of rising prices is a stimulant to business. When things start to go up, the people, who have been waiting, buy, Manufacturers also steck up with materials. As the movement continues, however, the same tendency becomes a brake on b When prices get abave the level that- most people “consider fair value) they stop buying‘alto- gether. As a matter.of fact, the aver- age buyer goes at the thing In hap- average for all articles, is higher than ever. ‘ Such a sensible policy on the part of the buyers would do much to cut down the dangerous peaks of over expansion and fiil in the valleys of depressjon. Moreover, these erratic conditions must be eliminated if we are to have business really healthy, happy and prosperous. Nearly every week I have referred to the Babson chart as the best index of business conditions when oconsid- ering all sections of the country and all lines of business. We, as read- ers, will remember that the Babson chart was 6 per cent above normal in the Spring of 1923 and was § per cent below mormal in year. - During 1924 it haa yaried from 9 per cent below normal to 8 per cent above normal and today stands at the Fall of that|— THE EVENING STAR, WASHINGTON, D. MEXICALI RESORTS ORDERED T0 CLOSE Woman Inmates, 80 Per Cent American, to Be Deported Under Mandate. By the Associated Press. MEXICALI, Lower California, March 28.—Every resort ‘fii “the ‘morthern district of Lower California was ordered closed and all foreign in- mates deported in a mandate issued yesterday by Gov. Abelardo Rodriguez to the chiefs of police at Mexicall, Tia Juana, Ensensada and all other citles and towns in the district. The order affects about 100 resorts and approximately 500 woman in- mates, 80 per cent of whom are of American or other forelgn national- ity. —_— Fashionable women in Europe are now wearing shoes of the most costly materials. Gold and copper brocade are two of these, while a pair of shoes on view in a London shop re- cently were worked with a design of snowdrops carried out in pearls. E Engage up to OLEAN the ex- FRANCE WILL BE RUN ON CREDITS FOR MONTH Senate Unable to Pass Budget Bill pad on Time, Bo Deputies Pass Emergency Measure. By the Associated Press. PARIS, March 28.—The Chamber of Deputies yesterday voted govern- ment credits for the month of April anjounting to 3,063,456,261 francs. The voting of the credits was made neces- sury owing to the fact that it would be Impossibfe for the Senate to enact its budget bill before the end of the present month. There waus included in the credit bill an appropriation of 150,000 francs as first relief for the familles of miners killed or injured in the Merle bach mine disaster in Lorraine, Pre mier Herrlot, who introduced the clause appropriating the money, re- quested the chamber to postpone any discussion of criticism of it until the ministers of labor and of public works, who are at the scene of the disaster, have returned and made their reports to Parlidment. a . zgrner C., SATURDAY, MARCH 28, 1925. A8 general car distributor for the Grand Trunk Rallroad, Miss Lucy Wright saves many times her salary by keeping on the move the thou- sands of freight cars operated by the company. Wanted A man of proven ability in selling the better grade resi- dential properties. We have an excellent proposition to offer. An established clientele of over a third of a century to draw from. Only those desir- ing a permanent connection need apply. All replies confi- dential, ¢ Address Box 353-E High Return Low operating cost. | ways. sonable cash payment. Walter A. Brown 1400 H St. N.W. Brightwood Park Home For Sale—Apartment House i A Safe Investment Near Potomac Park, a corner with excellent front- age on 2 streets; 16 apts. of 4 rooms and bath each: all rented at the very low rental of $50 per mo. eaIc)h. ie rectly in line of new devel- opments incidental to the Memorial Bridge and high- Now showing a net return of over 10%. Rea- REAL ESTATE. I An Opportunity Worthy of m; = Every Consideration A tract -of 195 acres at a price which is only a fraction per acre as compared to its real value, his tract is surrounded by property actually selling for many times the price and is really ah opportunity which will never be offered again. 5 The location is exceptional, a magnificent view, wonderful possibilities, and subdivided into tracts or building lots will return enormous profits. . . Building connections can be arranged bysus and the propo- sition is really worthy of earnest consideration. his tract is only 15 minutes to the Treasury, convenient to electric and bus line, and the purchaser or purchasers will have th. hearty co-operation of the owner. For particulars communicate with Louis P. Shoemaker 1407 New York Ave. Main 1166 See Mr. Carver mmmuuununmmmnmmlmnmlmmnmnnmmnnmmlmmmmnmn CLEAN UP for SPRING 9 per cent above normal. Letters are continually coming to me asking it it is not_ possible to ellminate these erratic changes. Some of these letters blame the changes on to the bankers and others on to the manufacturers. More Even Buying Urged. It 1s wrong, however, to blame either of these groups. No banker enjoys turning down a borrewer, and no manufacturer purposely closes p-|down his mill, thus throwing people out of employment. This is done be- e we and our familles quit buys The peaks and valleys of the son chart are due to the erratic ng habits of the Amerlcan people. | Hence, 1 appeal to buyers to change their present policy of buy- s everything in sight one year and \en instituting great economy the next. Try to both spend and save a reasonable amount of money every vear, seeking out those things wh e the best purchases for the time being. This would lay the founda- tion for @ real period of prosperity from which every one would ulti- mately benefit ) hazard fashion. Special Study Needed. Statistics have their uses, but also their abuses. The cost of living in- dices are useful to the statistician, but are often dangerous in the hands of the layman. Fishers Index {s probably the best price index in ex- istence today, being weighed scien- tifically. Even , however, must be used with hen the ¥isher, terlor of your stome or brick hullfl'g. dNo Job I'bo ?:‘. s damp: . Phone L. 8049 or address ¥, O. Box 1858 WEATHERPROOF OLEANING G 381"WE OLEAN BUILDINGS" Near 2d & B N.W. Commercial zone. Ground alone worth price asked. Lot 25x150 to 35-foot alley. cel- lent garage or service station site. Now improved by large dwelling and garage for 30 cars. No lease. $175 monthly rental. Price— $18,000 Walter A. Brown 1400 H St. N.W. Main 1653 Rosemary and Maple Chevy Chase, Md. 8 large rooms, glass en- closed breakfast and sleep- ing porches, 2 baths. Oak floors throughout. Open fireplace in riv-ing room; walls panelled and painted; finished room in attic; maid's quarters with bath. 2-car brick garage: n for Inspection All Day Sunday W. H. WEST CO. Real Estate 916 15th St Main 515 Longfellow St. N.W. $7 ’ 950—Terms Tapestry brick home, colonial type, containing six rooms and tiled bath, hot-water heat and electric lights, hardwood floors, front porch and large double back porches. Deep lot to an ‘improved street, with room for garage. House is vacant. Owner, having moved out of the city, is very anxious to sell and has reduced " price. Immediate Possession Open for Inspection All Day Sunday [MDRRIS CAFRITZ CO ¢ Owners and Builders of Communities 14th and K Main 9080 Evening Phone Service Until 9 P.M. APARTMENT HOTEL Fronting on Eleventh, Twelfth and H N.W. should be remembere plies only to the avera modities. When we purchase com- s wé do not buy the average ist, but we buy specHic articles Therefore, although it well to watoh Fisher's Index,* vet portant thing when pur. study position of t commodity or article which one is|i ca ing. |ITHIN a few squares of the city’s main shopping and busi- —| ness districts, this splendid new, eleven-story fireproof Apartment ment Hotel is undeniably the finest of its kind in downtown Washington. Its 400 and more cheery, outside rooms all have exceptionally large closets. The spacious lobbies, quiet high-speed ele- vators and numerous other attractive qualities of The Annapolis appeal to all who appreciate the best. Unfurnished apartments are now rent- ing at $47.50 to $75 a month for one room, kitchen and bath, to two rooms, kitchen and bath. Occupancy, Aprl 15th NOW OPEN FOR INSPECTION Manager on Premises WARDMAN 1430 K Street Main 3830 “We Houss One-tenth of Washingtows Populstion” All Prices Not Higher. Numero rations might be & that although the gen- dex has risen, al “or in actual value for dollar today when purchasing an a tomobile than 8 previous time y ar& the aut & 9900 may not be They prob- on, but even e getting than in m further red ably will be as ti at the same mare in ac any previo applles to t tertes, and p connected with this growing Electric Carrent Cheaper. Another illustration of lowering prices is the electric current which Wwe use for lighting, power and other IR A Row of Detached Homes Northwest Tw? ‘Sold—Five Left s e Price, $5,750.00 e e o e e Terms Can Be Arranged Advance Rapidly gaing up, the price of the commodity 4 f itselt has been goivg down. In his| Sample House: H o . fenf 1 et gl v I i attsville Hills 3907 Davenport St. N.W. e is just the opposite of the telephone Open for Inspection All Day Sunday | Baltimore Boulevard. Just three blocks from where i Now is the time for Painting, P a p erhang- ing, eto. Call Plitt for estimates. Geo. Plitt Co. Inc. 1325 14th St Main 4224 AV L/l business The cost e latter i — Representative on Premises $125,000 High School is being built. AR A creases per unit as th ephone sub- | _ Boswell’s Better Built Contains six rooms and bath, hot-water heat, electric scribers increas ; but the | Homes in Beautiful lights, hardwood floors. Newly papered and painted and in cost of elect s per g Hyattsville Hills excellent condition throughout. "Long back yard to alley. unit as the increases. | Electricity for light a power s | being bought for less today than in | = g Room for garage. Five rooms and bath Semi. | To inspect: Take Wisconsin Ave. Bungalows. One-piece sink; N.W., walk one block cast to houses. Bardwood floors; all modern P i J. Dallas Grady Second story floored. 904 14th St. N.W. Main 6181 communities during 1 Sugar Lowest In Years. Among the household commodities there is sugar, which every one uses and which is 'selling for less today, with the exception of late 1921 and early 1922, than it has for 9 vears. Other illustrations migl given such as these to show the point in | = car to Davenport St. Best Homes in the Southeast Section —and in the best section of the Southeast. 200-220 16th St. S.E. Just North of Mass. Ave. Open Sunday for prodyct: are cheaper lmpecflon owing to definite fundamental tend- encies, but in addition there are many commodities that are lower today be- cause of seasonable and other tem- porary reasons. When taking a list of 106 commodities which are the basis of one of the price indices, we odfties selling for less @ vear ago. Among and drugs, tex- coal and coke, and build- Apply H. A. Boswell Phone Hyattsville 202 or 147 JAMESON-BUILT HOMES! 1731101749 D St. S.E. 511 to 521 18th St. S.E. ONLY 5 LEPT Priced at Less Than $7,000 Easy Terma Here 18 @ home within the reach of any purse. ‘Moder- ately priced—yet complete in every detall. Located in Washington's newest subdi- viston— EASTERN TERRACE than they these may be n Fruits, tlles, cotton naval stores, turpentifc ing materials More Education Needed. Without doubt the American people need to be educated in. counection with Dbuying. The advertisement which attracts them into the store has been developed until it can be depended upon for almost certain re- sults. The sales person is carefully and thoroughly tralned. The selling of goods has becomé a fine science; but very little has been done to help the public to buy intelligently. As a result of this people buy everything when they are flush, and then stop almost entirely and buy as little as vossible. This is one cause of our successive periods of prosperity and ‘depression. he is always some commadity or cle that is too high and careful | ers restrict their purchases of | such a product until it comes down | in price. On the other hand, there is| always some article that is selling around normal or even below the cost ¢ production. Certain lin. of shoes & Co.., Inc. re an illustration of such an art ay. When such a condition exis: 738 ls& st- N.w‘ M “x reful buyers will purchas: y 3 need for some time to come, though the price index, which is the GALLAUDET PARK DISTINCTIVE “A Community o{ Home OI;"I.I‘I” NORTHE AST : HOMES 201 to 237 Douglass St. N. E. $500 Cash $59-50 Monthly including sl interest and principal Price Only $7,550 Colonial front porch 6 large rooms Built-in garage Tile bath Hot water heat El.:ctricity 2 2 e e ge breakfast porch 5-.:35::1«“ rooms and bath; hot-water heat, hardwood floors, Splendid .l.wh' h electricity. Front and double rear porches. Beawtiful > Thoroughly modern and substantially built. 3 -Exhibit house, 237 Douglass St. N. E. To Inspect These Homes FURNISHED BY. PALAIS ROYAL Open till 9 p. m. every day . tion. b P Tract cars ‘1o 8th and Florida Ave. N. E. walk one North 3 and R 1L, 3 blocks to Of all the Homes we have built here these are most attractive. Artistic - brick —well set on | grassy terraces and good size f rear lots. § You can keep house in one of these Homes with a minimum of effort—they are so compact and conveniently arranged. Price and terms will both appeal to you strongly Open for inspection everyday —from 10 A.M. to 10 P.M. ~—including Sundays $500 Cash and $50 Per Month —will by this new 5-room and bath bungalow with large sleeping porch, electric lights, hardweod floors, pipe furnace, garage; on graveled street, large lot. Plenty of Room for Garden and Chicken Yard Come Out Sunday b pleasing environments; 10 0' B' ZANTZINGER E ‘Tapestry brick; 6 rooms and bath: ¥ rooms, 2 sleeping porches, Bot-water’ b 74 Md. Ave., Hyattsville, Md. 2 baths, electricity and hot- | S Targe ron X} p e YOU WANT THE BEST a excellent See Our Brick Homes in Beautiful Chevy Chase Today (Just Off Connecticut Ave.) 'All Sold But Two THEY HAVE— Eight bright rooms, 2 baths, hot-water heat, electricity, open fireplace, breakfast porch, sleeping porch, attic. Hot-water Heat | Near Conn. Ave., a chvice location surrounded by Kitchen Porch Selling Fast Four blocks from the new Eastern High School. Bee these idesl homes now. Somple House 513 18th St. S.E. Ask the-Man Who Owns One Built, Owned and For Sale by Thomas A. Jameson Co. Owners and Builders 906 N. Y. Ave. N.W. Phone Main 5536 e A Price, $16,000 Attractive Bullt, Owned azd For Sale by Fixtures 1514 K Ha".y A- Kite Phone Street Main 4846 (Incorporated) Member Washington Real Estate Board Thomas J. Fisher 4805 Eighth Street N.W. Best Construction—Pleasant Environment —Convenient Location Only One Left at $6,950 _ Straight out Connecticut Ave. to Fessen- den St.—about 8 blocks south of Circle. Samgle House ‘No.3419Fessenden St. TERMS Take the 14th Street or the Georgia Avenue car to Decatur street, walk east to property, or phone Main 617 for free auto service, Owners and Builders of Communities 1432 K St. N.W. 14th and K Main 9080 . i Evening Phone Sérvice Until 9 P.M. 7 e | ?/N:HIHIIIIl!l|l!lil{)l\?.l|JI}I|III|IIllll:?ll\llllllllllflliEZE%XFM‘ wn. Take Capital block cast te West Virginia Avenue and then north on West To inspect: Avenue to the property. Or moter ever same route. Douglass St. C. H, SMALL & CO. = BUILDER 925 15th Street N. W. Tel. Main 6861