Evening Star Newspaper, May 16, 1925, Page 23

REAL ESTATE THE EVENING STAR, WASHINGTON, D. C, money, while most big manufacturing textile corporations are having serious difficulty. All of this should be very encouraging to small independent manufacturers. The day of the small textile manufacturer in America is not past, but rather the smaller manu- facturer is again coming into his own. He has fewer labor difficulties, smaller overhead costs, is able to pay more personal attention to his plant and has a direct interest which it is impossible to have under absentee ownership. Salaries Too High. One thing more which this study has shown me, and that is one of the i real difficulties of our big textile cor- porations today. During the war these large corporations rose on the tide of high prices and large profits due to | war orde The governments of the world competed with one another for textiles, especially for woolen goods. The cost of manufacturing was not a factor, no ability was needed for s SILK’S POPULARITY SERIOUS BLOW TO WOOLEN MILL PROSPERITY Babson Finds Cotton Industry Better Off—Declares Some Officials Are Drawing Too High Salaries. Profit Margin Very Small. BY ROGER W. BABSON. Special Dispatch to The Star. WELLESLEY HILLS, Mass., May 16.—As fhe textile industry in the minds ofmany includes both cotton £00ds and woolen goods, it is neces- sary to divide “textiles” into two divisions. There is a great difference in the two lines at this time. Although A& year ago both cotton and woolens Were depressed, yvet,today the cotton industry has revived much more than has the woolen industr: Spring demand for cotton goods is fairly strong and the mills a dling a large volume of busin, over, most mills are making some money, although the margin of profit is comparatively small. The spindle- hour activity for April, 1925, should show about” 10 per over the spindle capacity of A Tak ing an average of all ¢ \ mills of Jthe United St s, I shou y that are running about 75 per cent ever the style changes women will cast aside their silk goods and come | back to woolens. On the other hand, the silk people claim that they are on the verge of even greater new develop- | ments in artificial silk which will greatly improve the quality and reduce | the price. These ‘“rayo manu | turers claim that for the woolen people to fight silk is like the 0ld street car|inc and yet these corporations made companles fighting the busses, and that | huge proiits. a result they built woolen dress goods, excepting for old | yp large overhead expenses, paid big lndies. are gone forever salaries to their officials, sales man I am willing to fore agers, district managers, agents, et tive to a good r ¥ sub, These men in turn built up large pe L g | sonal expenses and lived and operated the women of the United State on a basis which they never experi- as to their mode of dressir ey fact, however, that people live in|" The most serlous feature of the sit- warmer houses, travel in closed cars|yation, however, is not that these men and own fur coats makes them less | are getting huge ries and. are interested in woolen dresses. ‘umi(‘x' heavy living expens but every heating system installed, rather that thv_\ are fooling them- SYEry. m ol selves with the idea that they L great financiers, great manufacturer: coffin of the wool great sales managers, and great ugents! Claim Too Much Credit. They think that they are respon- lo for the profits of these com sanies during the war, when it was not at all due to them. They simply rode in on the tide. It is as if some farmer was drilling an ordinary well to give fthe cattle water when he struck oil asts rela- s, but I what will do The n Close to Profit Margin. Smaller Mills Favored. The difficuity is that it costs almost as much to run 75 per cent as to run 100 per cent; therefore the real profit in the business comes from running | full time. In other words, most mills are like hotel One must have the rooms 70 per cent full in order to pay In a recent study of the tex ation one factor has come | tention which is very worthy of note namely, that the smaller mills ar doing relatively better than the large manufacturing corpo ms. When the big consolidations like the Ameri- - | Colo., M are | situation is gradually improving. There, however, will not be any great improvement until manufacturers and executives, labor leaders and bankers quit fooling themselves. Then and then will they again get down to and prepare to compete t of the world, which is America’'s next job from an indus- ‘rml standpoint (Copyright, 1925.) FORMER PASTOR DIES. Rev. F. W. Tuckerman Had Con- gregational Pulpit at Falls Church Special Dispatch to The St. LLS CHURCH, Mrs. Harry M. Ke; Church s been notified of the death of her father, Rev. Frederick W. Tuckerman, at Colorado Springs, 13. Rev. Mr. Tuckerman, who was at one time pastor of the former Con- gregational Church in Falls Church, had many friends in Washington and had expected to come back here in October for a visit and to celebrate his 70th birthday. About 15,000,000 persons of foreign birth reside in the United States. FLEET CORPORATION HEAD FAVORS RATE-FIXING PLAN Present System Assures Fair Treat- ment of Small Shippers, Palmer Declares. The conference system of establish- ing ocean freight rates, in the opinion of President Palmer of the Fleet Cor- poration, “offers assurance of stabil- ity in rates, regularity of sailings and equally fair treatment to the smaller shippers.” Mr. Palmer’s views were set forth in response to inquiries concerning agitation in Canada, understood here to be directed particularly at the North Atlantic-United Kingdom con- erence, which comprises American, British, German and other lines. In addition, some shippers in the United AMP CELLAR? Will remedy that condition by our special process of damp-proofing. We clean old Brick or Stone Open Sund NEW OFFERING 112 SHEPHERD ST. Chevy Chase, Md. ay 11 to 5 States have been reported dissatisfied with the conference system. Mr. Palmer also made public a state- ment by W. B. Keene, vice president of the Fleet Corporation, in charge of traffic, which sald that “during recent years very marked progress has been. made by the conferences in the estab- lishment of closer relations with ship- pers, and facilities are offered whereby a shipper readily may apply for ad- Jjustments in rates against which the shipper has a complaint, and oppor- tunity s offered for making appro- priate representations Sheffleld plate is a combination of silver and copper. REAL "ESTATE. SATURDAY, MAY 16, 1925 SMALLPOX BAN REFUSED. Maryland Officials Hold Situation Outside Not Serious Enough. Special Dispatch to the Star. BALTIMORE, May 16.—The State department of heaith has refused to place a quarantine against travel into Maryland from s affected with smallpox epidemics. County officials on the Eastern Shore and in several southern Maryland counties recently requested Dr. John S. Fulton, State health director, to prevent persons | from Philadelphia and Washington en- tering Maryland. They also asked that the department move to have thd varijous rallroad companies cancel ex: cursion trains. Dr. Fulton issued cir- culars, in which he said that the situ- ation is not serious enough to warrant quarantine. He said that placing of quarantine would be a ‘relapse to medievalism."” Joy-Rider Gets Year. Roosevelt Rodgers, colored, pleaded guilty when arrigned yesterday beforas Chief Justice McCoy in Criminal Divi- |slon 2 on a charge of joy-riding. The chief justice sent him to Occoquan for one year Open Daily and Sunday CHEVY CHASE, D. C. 3971 Harrison Street N.W. can Woolen Co., the Consolidated Tex- tile Co. Pacific Mills and various other similar consolidations were put through, the argument was that the big unit would be able to operate more efficlently and more economically th: expen . Then as the rooms fill up above 70 per cent the additional in- come is really all profit The woolen situation shows no such Improvement as does the cotton-mill situation. Woolen goods are out of | line_with the general price situation, | and high costs and poor demand ha; put the industry in a rather un: factory economic Anx\Ah" n Short sKkirts, low necks and elim.nation of .sleeves have tended to raise havoc with the woolen industry. Without doubt the introduction of artificial silk has also been a tremendous fac- tor in upsetting the woolen industry. Artificial Silk Big Factor. Artificial silk has accomplished two things: First, in enabling people to g6t what appears to be k article | for very much less than formerly; and | secondly, it has popularized silk in general and made a staple industry out of what once was a luxury. Al most eve one is wearing silk of some | form today in place of wool. As a re- sult the joom and spindle activity in wool for April, 1925, is only about 1| per cent greater than April, 1924. Furthermore, although wool has de- clined nearly 20 per cent in price since January 1, it is still nearly 125 per | cent over the pre-war level and 25 per cent over the level of a year ago. | Nineeteen twenty-four was one of the poorest vears in the history of woolen Zoods, and 1925 has thus far not been “much’ better. The textile industry as a whole is suffering from a decline in exports. | This, however, is only natural and is | not surprising. We cannot expect | Europe to buy both our raw materials and our finished products. The nat- ural thing is for Europe to buy our raw materials, and we cannot expect her to buy our manufactured goods, either cottons or woolens. Kurope made great purchases during the war because its workers were in the army and the mills on the battle fields; but the situation is now fast resuming.a normal condition. Apparently the cotton industry is| rapidly getting on its feet and efficient | cottop mills have little to fear. The future of the woolen industry is, how- ever, more or less questionable. Only the future can tell whether woolen | dress goods have definitely gone out of fashion | The woolen people take the position | that silk is merely a fad, and when- | Business today is again normal compared with 1 per cent above no mal the first of the year and 7 per cent below normal a year ago. Fun | damental conditions are better today the small unit. Of course, the truth is [ than they were a year ago and the that in most s certain people want- = = — ed to sell out and this “consolidation” argument was used a cl Kk to enable them to pass on their holdings to the public. Subsequent history has shown | very clearly that there was nothing in | this “mass production economy” for textlle industries. $11,950 Beautiful bungalow, in exclusive rooms on first floor; spacious closets; place, dining room, kitchen, floored 65x188. One block to cars. A. C. Robertson Co. 1319 F St. N.W. Main 7909 OPEN UNTIL 10 P.M. section. Three large bed- living room, with open fire- attic, full basement. Lot Open for Inspection 323 to 333 Bryant St. N.E. built: two sold before c and_bath hardwood < larse lot to alley ze. Open and mpletion hot-w heat floors: three plenty room More Efficiency Shown. hguted until * 8 beautiful rooms, 2 complete-baths with an extra shower in basement. 2-room suite with running water on 3rd floor. Large cedar closets. Beautiful large lot, built-in garage. EDWARD STROHECKER, Inc, 1023 15th St N.w. Main 354-355 Statistics show cotton and woolen manufactured tods and more economi. than in large plants. tile manufacturers bhoth oods are being | more _efficiently | lly in small plants | l that cle: . Price and Terms Upon Application LACY & BELT Phone Fr. INSPECT TODAY SHAPIRO SUPERICR HOMES Best Value in City ONLY $8,950 $1,000 Cash——$75 Monthly Includes All Interest and Principal DESCRIPTION Six large rooms, with attractive colonial front porch. Deep yard, built-in tiled bath, hot-water heat, electricty, large break- fast porch, splendid sleeping porch. ful lawns and s bery and many other unusual fea! Exhibit House 5015 Eighth Street N.-W. Open Every Day Until 9 P.M. . Take 14th Street car or 9th St. car to Farra- To Inspect: gut St., and walk east to houses. REALTORS THEJOSEPH BUILDERS Many small tex makin, Detached Homes Beautiful Bungalows and Houses containing 5 and 6 rooms, all modern conveniences; lots 50x150 feet. Located one mile inside city limits. Built by day labor. Prices, $6,750 to $8,250 Easy Terms 3104 Channing St. N.E. Open all Day. To inspect—Drive north or transfer to bus at 15th and H N.E. and ride to Channing St. 2 blocks east. GARMAN BROS. 2423 Bladensburg Road We've just completed the most unique group of Homes you've seen—of ar- tistic designing and co plete and effective finish— with a wonderful location. Porter street and Idaho, avenue. Sample House, 3601 Porter Street | Cleveland Park Six and eight rooms, one and two baths; some with extra lavatory on the first floor. Beautiful woodwork, handsome fixtures; imposing open Areplaces. $15,250 to $17,500 Atgractive Terms. Open every afternoon—and all day Sunday. TWO EXCEPTIONAL VALUES IN BUSINESS BUILDINGS Owner Will Sacrifice for Quick Sale, Warehouse Manufacturing Building on 7Lh Street N.W.,, Nenr K Location and. interior building admirably_suite foreed concrete. canet 13000 ‘sau: flant ‘ror ‘@ lght for day The ‘building occupi the curb under the entire are sash muking the use of ar Bargain Home 37 Franklin Ave. Hyattsville, Md. Two Stories and Attic. Seven Rooms, le, “The building i liehted by elect Bath, Slecning Porch and Act at once. This kind of property is not o e Downtown Busmess B dmg Suitable to Any Business Comfortable 'in® Winter . delsht: S e ful in Summer. Located at highest e point” in - Hyattsville wonderful view of This pro] ul investment. $9.250 Apply Owner JOHN D. HOWARD On Premises Phone Hyatts. 146-M. Open for Inspection A o X N Mo M x 3 R x o X x X XK . “The Kind of a Home I Like!” * —tlul’ll be your verdict on these new Kite Homes— 3056-3110 Monroe St. N.E. The drudgery of housework has been taken out of them by the intelli- gent planning and arrangement. The cost of living, too, has been mate- rially reduced by the compact completeness of these Homes—added to the modest prices. 1x116, with a basement extending 1 n the sdewalk Amid the splendor of Nature nestle these ;mfiosing Homes—at Wesley Hriahts —The Miller-Built Cammum'ty— Such a combination is not offered elsewhere—with its advantages of close proximity to town—with direct bus line, and the surroundings of woodland. No lots are sold; every Home is Miller-built—thus preserv- ing the integrity of values and avoiding a discord of development. An ideal place for the children—4 section of definitely established values— which make a Home investment a safe investment. Homes of Many Styles—$12 500 to $27,500 Motor out Mass. Ave. across Wis. Ave,, to Wesley Heights. By trolley directly to Wesley Heights. ct, ne hrée stories, lot v will make a fine about 5,000 square v attractive lawn, FXCLUSIVE AGENTS 14th and K turning to left into Cathedral Avenue, to Dupont Circle with transfer to bus that goes Home of Army Officer Who is ordered away— —Jebgl:tfufly Jocated in Cleveland Park— Six rooms; bath; hot-water heat; separcte heater for hot water ; sleeping porch; front and back porches; exceedingly good floors. Big closets; handsome electric fixtures; complete kitchen with dresser. Grassy lawns and ar- tistic shrubbery. Unusuadlly deep lots. They are delightfully located—where town and country meet in an environment of pleasing combination. Priced Most Attractively —and terms to suit your convenience NEW STORES 225-227 Upshur St. N.W. The Business ‘“Hub”’ of Petworth ACT QUICK gl on room and toilet in base- ment. screened, this Spring. Colenial Type " Ten rooms and three baths — surrounded by virgin forest trees and specimen Breakfast porch; glassed sleeping porch; nursery shrubbery. third floor; servant’s Entire .house and painted Open for Inspection—Day and Evening. = 3307 Newark Street—Cleveland Park A home that is a real Home—immediate possession. Price and Tempting Terms Open for inspection. from 2 to 6. W. C. & A. N. Miller Realtors Come By Trolley the G Street cars—leaving them at Rhode Island Avenue and Newton Street l—walk a few steps down Newton—taking the first turn to right over foot-bridge. Come in Your Car Good Store Locations Are Scarce This Is the Only Square Zoned for Business Within Radius of Several Blocks —out Rhode Island Ave. N.E. and turn into Brentwood Road—which will carry you right into Monroe Street at these Homes. It's a pleasant drive—and just note how ‘quickly xou reach them from downtown. —on Our representative will be there Sunday afternoon Apply at Office for D. J. DUNIGAN, Inc. 1319N. Y. Ave. Details Built, Owned and For Sale By Harry A. Kite (Incorporated) Member Washington Real Bstate Board Phone Main 4846 1514 K Street i i B 1119 Seventeenth Street Members Operative B: Phone Main 1790 ers’ Association of the District of Columbia ‘k x x «x ¥ ¥ x o X D x « x * * x x X « « X x x * x X X S X ¥« x + X + x S * x x S X ¥« X ¥« X « X x X x * N €9 0 C0 C0 .60 60 €0 .60 S0 C0 €