Evening Star Newspaper, May 16, 1925, Page 20

REAL ESTATEA HOME MORTGAGES |™Acrvires w roseeer GOMMON IN EAST __!("nnn_nund from Spvvm-‘»nl!\ Page.) Majority in New York State Encumbered in Some Manner. tion of the country exhibited an in- crease over the corresponding period of 1924. The East, 103 cities report- ing, gained 56 per cent: the Central. 116 cities, 19 per cent; the Pacific West. 79 cities, 16 per cent; the South, 67 cities, 9 per cent. The total for the 865 cities was $457,169,969, an increase over April, 1024, of '$112,073,044. Twenty-one of the 25 leading cities in point of buflding operations showed substantial gains, making the gain for the emlre group 49 per cent ahead of last A New Yo k City, which for several months had been slowing down so [rapidly that the gains for the rest of |the country were submerged, dis- | played a remarkable change in tend- over April a per cent, each of boroughs participating in the Soit )]:u:pl').\nl). revival. hortgage | bt Chicago Up 33 Per Cent. And| Chicago had per cent Max. |and Philadelphia cent. St. North | Louls made & gain of more than 223 ot {per cent shington, with an 86 Gwellings | PeT cent increase, held efghth posi- !NES | tion. Baltimore had a gain of 57 per cent; Seattle, 140 per cent; St. Paul, °r_to homes occu-|199 per cent, and Rochester, 115 per and show that, taking | cent. cent | Yonkers, N. Y. are mortgaged. | honors for mon In the States cited, however, the per: much higher and_com New York, 62 per cent cticut, 61 per éent: Massach 57 per cent: Rhode Island, 51 per and North Dakota, 53 per cent. Not Prosperity Reflection. The fact that the high ratios of ownership prevail almost rd ter- | 1d not | In New York and four other Fast- ern States there are more mortgaged homes occupied by owners than those Wwith no incumbrance, while in pra tically the entire balance of the coun- e majority of owner occupanc nd’clear of mortg is revealed in a survey by the nd and M e Co., the ich have just been made checking up " says W the company, ‘‘we States excepting Jersey, Connecticut Rhode Island and there are far more free of debt than there are carrying mortgages. he figures re pied by owne the country of such results of w public. “In loan conditic president of that in ali of carried off all the . exhibiting T 4 marked downward fluc- pril bui ned fairly well s ablished in Ma characteristic largely due to the excessive production in the in- | dustr; since ®the beginning of the year. In fact it reported that dur ing Ap dropped to 77 ¢ as compared \\1”\ 92 per cent in March. Lumber s quoted slightly lower in both the Pittsburgh and Dallas ma | ime and plaster were down in Louis. J\fllv‘. Other chang were mixed and 15 fol New for per | tuations in steel, Con- | terfal prices rem tts, | tained The break in | of all centers ritory is surpri be taken to ir perity or unwarranted based on a section: up with the Jones family these States are, for the richest in the Union le that the prevalen s the ssive spi dents wio evidently mort icate a lack of extrava tempt at * abor, situation was well stabil | ized, with important wage questi generally out of the way for the time | bein In a number of cities long term agreements at the former rates were negotiated. Many of these are not terminating until 1927 and 1 which is expected to have a salut effect on the industry. There were a few isolated cases of labor payin d in other parts of the country. | da and Kentucky have. only 22 uer cent of their homes mortgaged, While for Alabama the figure is 31 per cent; in New Mexico it is only 1 per cent, which State seems to have | the smallest proportionate number of umbered homes.” entire_time to better grade is with " a real a third of a Anincoma BT car ‘is a 1 the m)\n who can qualify. Auto e cent Address Box 103-You Star Office Pro United bly the only la ates named by "Dall; Tex When the men was made there building lot was offere suitable name to be bestowed upon the | future metro is of the outhwe The prize was won b Ms. Martha ¢ bert, wife of one of the pioneer: suggested that the plac Dallas in_honor of George the then Vice President of the United | States. city in the woman first settle- a prize of a for the most | Indeed! Are These Shapiro Superior Homes In a Neighborhood of Distinctive Refinement Eight Rooms Three Baths Cold Storage Built-in-Garage Cedar Closet Large Attic Spacious Lawns Exhibit Home 2725 Woodley Place Furnished by Palais Royal Open Every Day Until 9 P.M. TO INSPECT—One-half block east from Conn. to Woodley Place = REALTORS | OSEPH — I BUILDEPR 919 15th Street Ave. and Calvert St. Bridze Owners Franklin 1140 ets and| & ¥ @%%%%%fi@%%%%@ Produce More Foodstuffs. DENVER, Colo.,, May 16 (#).—Ger- many, faced with the problem of rais- ing more food products for her 60, Will Study Motor Fuel as Al-|Biiohne.one of the five members of I d Health M commission sent to this country by ( Germany to study agricultural con- ge ea enace at ditions, said here yesterda; Meeting Here. n farmers must develop more in- tensive methods of agriculture and utilize the agricultural chinery of A THE EVENING STAR, WASHINGTO EXPERIS ].[] PASS Sty ‘ Germany Finds It Necessary to 000,000 people, 1% looking to the United States for improved methods to accom- plish this objective, Dr. George Dr. Kuehne, who is professor of agri- cultural machinery at the Munich Technieal Academy, declared that the many is importin, cent of its foodstuff: A conference will be held here May 20 of prominent Government and ecol lege authorities, represent tives of leading scientific organ! zations and public health officials to determine Wwhether there is a danger to heaith through the use of ethyl gas as motor fuel. Gen. Cumming, Public alth . will preside Ixperts on industrial hygiene, physi- v and public health from' Johns s, Harvar > and the uni ties of Wise rvm(m and Ohlo, | health commissio Chicago, Philadelphia troit, and State and provinei: officers have been invited to the conference, at which the of Mines, the Chemical War ice, the Navy Bureau of A and the Bureau of Chemistr: Department of Agriculture als be represented. Wide Interest Shown. Dr. W. Gilman Thomp: York, chairman of the medical experi- mental committee of the Ethyl Gas Corporatior t and the following h sentatives: The American Federation of Labor, N trange desire to seek power libe: It is a and_to lo Lamont St N. W. Located on mnorth side, southern exposure, 18th and 19th; unusually desirable three- ck, built by Kennedy s. Excellent condition, con- taining 11 rooms, 3 baths; has gas, electricity; heated by hot water; wide frontage, 23 feet; lot 110 feet paved alley 3 pecial- ly priced for quick sale. $18,500 Thomas J. Fisher & Co., Inc. attend Bureau S br to n of New tional Reses Automobile Chemical Society, American leum Institute, Academy of Medicine N octety of Automotive ational Safety Council Workers Heaith Bureau of New York, E. 1. du Pont De Nemours & ( Wilmingtor Slectrical Chemical Soc American In- sociation, Have YOU Seen Them? Newly Completed Detached Homes West Chevy Chase Heights Values to Be Appreciated by Thrifty People *6,975 to *7,975 $1,000 Down; Balance Monthly Exceptionally well —open brick fireplaces, hot-water electricit water, séwerage, concrete cellir under_en- tire house, front a rear rooms and bath with large THOMAS E. HAMPTON Owmner and Builder Tel. Bethesda 244 2 pore DIRECTIONS Drive out C o n n ecticut Ave., through Bradley Lane and north on Rockville Pike two squares beyond the Bank of Bethes- da to houses. %W&Wumw: W% 780 2N :".Vgfl FU3XERANRRIERANLENL — T EDGEMOOR BY CcOL. . COLEMAN, Finance l)rpt oS Army have been asked why I selected Edgemoor, Md., for a suburban residence. The answer is simple— (a)—Because it is the best located and choic- est suburban section near Washington; (bj—Because, in my estimation, land values in EDGEMOOR, Md., will continue to increase with the rapid development of that section on account of its location and accessibility, and will be last to react from any possible future real estate depression ; (c)—Because the community life, which cen- ters in the EDGEMOOR Club, has a most whole- some and delightful atmosphere, and one refresh- ing to live in with such congenial neighbors as we are fortunate enough to have; (d)—Because, with all the above assets and desirable features of country life, I can leave my breakfast table and be in my oftice in Washington, D. C., in 25 minutes, and upon completion of my day’s work can be swimming in the EDGEMOOR Club pool within 30 minutes after leaving my office. _— MADDUX, MARSHALL, MOSS & MALLORY (Incorporated) Main 8970 1108 16th St. N.W, 6622 1st STREET FAKOMA PARK, D. C. This home is a duplicate of 300 Eastern Ave. which we just sold. We consider it the most beautiful and best constructed seven-room bungalow we have ever had the pleasure of offering to the buying public. OPEN SUNDAY FOR YOUR INSPEC- TION and every evening except Friday from 6 until 9 o’clock until sold. BUILT AND S AND A W DE! I~ > OF. T ULLY CO The living room is larze and bright. — On either side of the open fireplace are built-in hookcases and Writing deske, lighted from above by two decorative windows. A beautiful invites all to enter the din- & room. which, like the living 0om is {rimmed ‘in_chestnut. The hen is just the right size, with built-in_ironing’ hoard datnt one-plece sink, and builtin fefrigerator. room s practical value. I tiled bath “'1“‘ Built-in tuh r Drive ‘into Takoma Park to the view & Herald Bldg.. across carline 10 2d street, out 2d to Whittier street and left on' Whittier to 1st street— i Tin? to Bungaiow. 1415 K Street N.W. Main 4752 'SATURDAY, MAY 16, 1925 ESTATE NOTABLES PRAISE DIRIGIBLE'S WORTH Thirty Leaders Impressed With Los Angeles Perform- ance on Test Trip. of the gasoline tax law intended to exempt only tourists or visitors. The activities of the gas tax collec: tion division of the State treasury yesterday were confined to the col- lection of license numbers of Towans who drove across the free bridge at Davenport, filled their tanks and re- turned to this State. Attorney Gen- eral Ben G. Gibson indicated in a statement that in his opinion the law offered the treasurer means of recovering tax on the “smuggled” gasoline. Apparently the situation at Daven- D! MOINES, lowa, May 16— |port is the chief concern of the gas | Wholesale evasion of the gasoline|tax division, inasmuch as bridge tolls ‘(xx law on the lowa-Illino! hu|d"r“dl other cities adjacent to Illinois vesterday led State Treasurer Ray |will make the smuggling of gasoline E. Johnson to take steps to break {unprofitable, {up the practice of numerous residents | The other three horder lines will rticularly Daven- |require no attention, for Minnesota Pt of nuu!rm their m"‘"'lr”;l‘\(hxafl\u South Dakota and Mis- |in Iilinois, where it is not taxed. It|g o A f hrnlehr into low unrlnr a clause | outt all impossigan taxe prominent in fipance, industry, educa tion and Army and Navy circles, said that the flight had been made without any délay or engine trouble. Many of the guests expressed themselves as convinced by the flight that the lighter-than-air craft was destined to become a val le asset to the coun- try, both from a commercial and mili- tary standpoint. Moffatt Praises Result. Rear Admiral Moffatt, chief of the Bureau of Aeronautics, said: “I believe that the Navy has con- vinced all of those who made the y ahat lighter-than-air {eraft is highly practicable as an im | mediate means of transportation, both of passengers and freight.” Assistant Secretary of War Davi: id: _“The airship has been prove IOWA PLANS FIGHT ON GAS TAX EVASION Residents of Border Cities Are Buying in Illinois, Where Fuel Is Free of Levy. By the Associated Press. By the Associated Press. LAKEHURST, N. J., May 16.—The b Navy dirigible Los Angeles returned nt weapon for war to the flying field last night after a |Particularly for the flight over New Jersey, Penn: |its unlimited cruising and Delaware with 30 'guesis of Sec.| Irenee du Pont of the du_ Pont de of the Navy Wilbur, having |Nemours Co., who made his first 290 miles since it |flight in a_ lighter-than-air ship, said o'clock yesterday |he was highly impressed with its possibilities. Lunch wis served while the airship N. J.| When taking medicine from a bottle pour from the side opposite the label command | The label will then be kept in good condition in case you wish the bottle refilled. between Trenton, at 11:30 set out in morning. . d the engines | throughout. of the | worked perfect of ly BEAUTIFUL WATER-FRONT BUNGALOW at BAY RIDGE On Chesapeake Bay G i z)l“iul | J o B J”“.&n" We offer you the ideal Summer home in tRe ideal location in this beautiful new bungalow. Hollow tile construction, large living room with fireplace, dining room, kitchen, four large bedrooms and two baths. Has hardwood floors throughout, electricity and all modern improvements. Lot is 100 by 250, fronting directly on ('h«\uj&“k‘\\' Bay. Priced at a bargain figure, with easy terms. Open all day Sun- day for inspection. Drive down and inspect this wonderful property. Beautiful water-fromt lots 50 by 100 feet at reasomable prices. Write or phome ws for illustrated booklet. A new modern hotel will open at Bay Ridge June 1st. Make reservations now. Ma’'l Coupon for Booklet Lanham & Hill, 1400 H St. i. W, Washington, D. C. se send Ridge. By Auto Via Marlboro and Annapolis Bay Ridge Realty Corporation (Owners) LANHAM & HILL Exclusive Agents Ple Bay me 14C0.H St. N.W. Main 366 BUILD THIS SUPERB HOME ON YOUR OWN LOT LEWIS BUILT HOME You can buy all of the Lewis Material for_this attractive home on the terms of one-fourth cash and the balance in 36 payments, covering a period of 3 years. Only 6% interest and 47, a year brokerage. We believe that this is the most liberal proposition that has ever been offered by any national concern of the character of the Lewis Manufacturing Company. This is the ideal time to build. Why put it off. See us immediately and let us explain more fully how we can help you to finance your home on the most economical financing plan that has ever yet been provided. Call or phone Lewis Homes Service,. No. 1 Thomas Circle; Manager. Phones, Main 5253 or Main 6790. Guy S. Zepp, LEWIS HOME SERVICE GUY S. ZEPP, Manager No. 1 Thomas Circle Main 5253