Evening Star Newspaper, May 8, 1926, Page 22

) ¢ r r oY STOCK PRICES ARE GOING DOWN, IN OPINION OF ROGER BABSON REAL ESTATE. THE | purchasing labor, raw materials merchandise. ~ When the mav money has not been sent, then local ‘farmer ¢ “wiped out” real loss. Naturally. not good prospects for merchandise. Moreoves such men salesmen they Bear Market Seen by Business Expert—Warns nd gin the merchant has been nd has thus suffered a are of are forced to postpone building that new Against Using Margin Accounts—Expects Rallies, house or store which they had been} planning to build with the savings - T0BE DUPLIGATED ’ sition at Philadelphia. Harvey \. Cor-| bett, architect, of New York City re | vealed yesterday in a luncheon talk | to architects from all over the coun- try assembled in Washington for the fifty-ninth annual convention of the Amerfcan Tnstitute of Architects. The restoration of the temple has been the dream of John Wesley Kelch- | ner, wealthy philanthropist, for over 20 years, said Mr. Corbett. After long and painstaking research, both | IHEBREW TEMPLE But Further Declines in Industrial List. | BABSON PARK, alent idea s discc is like sayi country follows Wall inow ‘this is an error rkét is one barometer it is only one of surely is mot more lank clearings, employie crop reports and money rates T are probably more i 5 in determining tions than all t orid combined ¥ s conditions stock market peculator Lusiness s to decline and se 1t does de: tl Fla., that nts tha of sev stock e if in buy rere is # ra That's all th he idea. Main street ne what happens on Wull Street need not determi happerfs on 3 Wall Street country as a country sary community owever, creates nothing eflects conditions. - When 1 business conditions Cent 1k with but alth which Ntreet, bust rers an s well constantly not most produci of chants ¢ ve too W e to thos vhict nd general 1 a absol clothing How that and nd say stocks May the Street. The sto important er factors. More- business con determine busin stocks and | should Wall essary nd at most Wal v feeds Wall Street Hurts. plus their Wall Street profits id man is W each and well | should av business withdrawing his profits rtion in e B stotk general t all the We latter men watching the stock market today, when they formerly did mnot, but they must be more or less senti- mentall; ffected ther When one sees the market, value of his securi- ties declining, he naturally is more economical in his purchases and com \tments than when he sees the value of his securities increasing. Further. more, if this man is holding securi- ties on margin or in bank loans, then he is being called upon for additional margins. This requires cash for Wall Street, which otherwise would be srent on Main ! duces nis effciency W s in this|In thi | way much greater factor since| cialization the war than ever before. Very few | ness must bonds and stocks were sold west of | line without any the Ohio River before the war. Chi-| tractions. cago, St. Louls and other Western centers speculated in grain, cotton and other commodities. A few bond | houses and stock exchange firms had | | branches in these cities. These | branches, nevertheless, were not very profitable. The World War, however, | 27¢ 10t JuSLice © 0 not only made the great Central West | SArHings This statement, | very prosperous, but it taught this| Noiiie every section and B e iias oh crens EIDectlimnataispiis/extont. BUNter IH a igns . at educa-| ,qcent stock market tors. Whatever the financial leaders| nd raflroad officials may think of o, o 8 William G. McAdoo, they all owe mm;f,‘,‘g',',w,':.,f:f:"’;:' e e, pecialiy after these financial interests| Wiy, it ot e told MeAdoo that it could ot be done. | ‘continues weil abovo i . to re tivity, pr f o trend in reaping both the ad nd dis- | o =L P advantages thereof. | is now downward. a number Avoid Margin Accounts. v today alting se T insurance. of one's eg 1s It in reat s W »the business, dift eral and than tistics, The business man withdraw tfunds right to ow money for business or bor lation. ing needed caph causes him to worry mmodity mportant but_spec markets in_other the s think 1l stocks. | ey keep ess does a man to succeed i concentrate on h side The fmmediate Outlvok is to deter Street. ine what ere The outlook for the stock is not good. Prices of most sto abnormally high, are not justified either by as to this | wish to I never | ) to the I can e quiet ing ipared un itely de shel we are reap disadvantages . from the m of stocks and bonds be- | that construc ause the more people interested record levels Wall Street the more pessimism | an important everywhere when Wall Street is blue. | vesult of During the W Wall | prices telegraphed to | the purcha th ) as a_ whol o ins. | money has been 9 per cent has lost money | with a b rwise be used for ! J popu- | building Farm purchasing ictor, is lowel line in his certainly will ing power of the c “This is well indf in the bond normal, of 15 per in bove co 7 27th treet NW A Corner Home overlooking grounds of The Wardman Park Hotel One square sidence wi it entrance is is thoroughl h two white tiled bat 11, cight tireplac -room beautiful center: ¢ room has an ope Connecticut Avenue is this The large ained to a glassed-in sun porcl modern in every appointment, with hardwood floors t west of »ughout, 1 beautiful conditio: ght tapes 13 14th s trv hrick construction, with tile ard roof, balance meta This Home Is a Spl.(-;xldid Buy Price. $22.500 Open All Day Sunday for Your Inspection NW. EXCLUSIVE AGENTS Main 2345 'BLAIR-TAKOMA Silver Spring TAKOMA Georgia Avenue ECTION THREE $69500 HOMES Other Bungalows $8,500—%$400 Cash $65 Monthly $9,900—$800 Cash $90 Monthly BLAIR- Near Schools, Churches and business section. Water, sewer, macadam roads, cement sidewalks, built-in garages. Colonial Homes $10,900—%$12,500 North Washington Realty Co. E. Brooke Lee Incorporated P. Blair Lee Ouwner—Builder—Agent Realtors Columbia 9821 Woodside 200 Not only is he thereby i ulating | and greatly re- lines or collapse, feeding. clothing and sheltering 11 normal, and earnings not b All of this means that business men margin accounts. in actually ear a portion of down ned securities. | is is both good business and ):nmli e to have some basket k3 ence betwe ing one's surplus and spe hes trom A this But u- ro his specu- k- Ways. age of competition @nd spe- n bus Is own dis- mariet cks are nd these high pric sets o howeve general business. industry om the vet of for- ro still r those r hand, usiness the with a rome- orable. roups of commodities his includes notwithstanding s proceeding near powe T as cultural 1p "ountry ited by the Babsonchart which now stands at ed in mpé cent jon the part of Mr. Kelchner and the | architectural firm of which Mr. Cor- bett is a. member, plans for the build- | ing are now complete Pageantry Is Pla Bible Records to Be Follow- ed in Building at Philadel- phia Exposition. | ned. the courts and experfence the sensa- | tion of having been carried back to { Solomon's time. Pageantry will be used to illustrate the customs, dress | and activities of the time, and the | = | temple will be completely fitted with | replicas of the great branched candle- sticks. shewbread, jeweled priestly breastplates, vestments and other ac cessories. Incorporated in the structure will Dbe a system of pipes through which, when the building is empty of v itors, it will be possible to force vol- | wimes of gas, which will envelop the | structure to its full hefwht, present- | ing, in conjunction, with other means, | an impressive spectacle of the de- industrials, and it is only to be ex |struction of the temple. *When the pected that a recognition of real con-| clouds of gas drift away, the structure | ditions has brought about a sober | will be found unharmed.” e { estinate of values with & consequent | Mr. Corbett. break in highly inflated stocks. That | o there will be 1allics tn this declining | Heliow stock market movement s unques: | tioned; but before the year is over I the basls upon which the believe investors will e further | scts made their plans, Ar. opportunities to buy still lower | bett said. All nation prices. ered was checked | The palace, be ful re- A dream 30 years old will filled when Solomon’s Temple is ouilt_for the Sesquicentennial There is, however, no justification for saying that business will soon be plunging into the depths of depres- Business has been good and in o few instances has inflation What is now going on n trade is a more healthy stabili tlon. Many stock prices, however, in the mad upward whirl ‘of the past year, far outran the business improve ment. This {s especially true of the Bible Records. at (Covyright. 19:26.) ijoining the temple i Jameson- Built Homes 920 to 924 Quincy St. N.W. Only 2 iquares from 14th St. car line. Inspect at Once Six large rooms, tiled bath, h.w electric lights, hardwood floors and trim, one-piece sink, builtin ice box, instantaneous water heater. and other eoxtras. Double rear porches. cement frout porch. With or with- out builtin garage. “Aslk the man who owns one” For Sale by Owner Compelled to Sell 3914 Military Road, Chevy Chase | ¥ 1 4nd ready for accupancy, belongs om the owner to sell for the best This beautiful home Jn-resident. We have orders 205 1t. deep. 4 hedrooms. 2 baths on the second with spacious porch on roof. living room with exceptionally large firepla dining room, kitchen, breakfast nook. > pantries, storeroom and buflt-in_refrigerator on first floor. Hot- wwater heat, gas heater, laundry and servant’s complete hath in base ment. Hardwood floors throughout. Double flooring. This home is surrounded by magnificent shade trees, is only 11 blocks west of Conu. Ave. and is splendidly designed for home like ‘comfort and entertaining. f you don’t th n be had at a bargain price, get in touch with us and be convinced, as there are pressing reasons why it must be disposed of immediately. Open 2 to 6 Sunday. 1623 Kennedy Place N.W. (First Street North of Reservoir) ) 11. front by floor, large solariu This house was built for occupancy by the owner who died a short time before its completion. It faces Rock Creek Park, has a wide frontage and is very deep; spacious porches, front, rear and side; the first floor has reception hall, drawing room, library, kitchen, new Frigidaire equipment, large pantry, broom closet, and a large bed- room with private bath. The second fleor has four large bedrooms, sleeping porch, laundry chutes, trunk room and two beautiful tiled baths. Exquisite silver-finished electric fixturss; panel doors with bevel plate mirrors; hardwood floors and trim: Exceptionally bright basement contains laundry, servant's room and complete bath. Heated by a new Bryant Gas Boiler, and has Pittsburg storage gas water heater. Entrance through porte cochere to two-car garage house. This home was designed by one of Washington’s leading archi- tects, without regard to expense, and is a masterpiece of building con- struction and decoration. It must be sold to close the estate, and is temporarily occupied for the purpose. of showing it properly. No mortgage on. the prop- erty, and it may be purchased on any reasonable terms by a responsible purchaser. Immediate ‘possession.: Inspection by permit on'y 3 Le Roy Mark, Inc. Sxclusive Agent matching Main 601 Colorado Bldg' i L e e L e LT e L L D 2 D e T L L R L e . L eI e e 2 a2 2 2 2 e 22, VENING STAR. WASHINGTON, D. (., SATURDAY. MAY 8. 1926 grounds, his constructed at Philadelphia, said Mr. Corbett. be Toorest of Lebanon and the Porcn of | the were grouped Solomon's time. | The entire citadel will be inclosed | within military walls. will be 400 by within its terraced court on a highet' level . | Holy Place a G Visitors will be able 1o walk about | jo¢e." Chy .‘K(\I I(l:.p 300 feet ‘\nunl gold. | A C s Supreme € | Stamford, 1218 D street, for an abso- lute Jackson hav which the King built for| Egyptian wife, will also be re ‘ | Open for Inspection ! unday From 11 to 6 O’Clock Other structures which will rebuilt include the House of the | Pillars and other buildings which | within the citadel of l 5245 42nd Street, Chevy Cha [ New 6-room House, of Dutch Colonial The large court | 200 teet, heyond which, | Design will be the Holy Place, the Most | Porch. The ! in white | Price and Terms Most Reasonable A. T. Robinson Exclusive Wife Accused in Suit. lieging o spondent treet, has 4gent 514-15-16 Bond Bldg. Phone Main 442 conduct and naming - James A. Stamford, 317 | iled suft in the District | urt against Ruth Kell I Th we: Fla., Ap: children divorce. ille, e threc married at | 11,1912, and | 15 Minutes on the Car to 9th and F Sts. N.W. Brookland 2640 10th Street One-half Block West of Rhode Island Ave. N.E. $8.950 Our Terms Are Made to Suit the Purchaser CYRUS IMMON ealtor 1414 K St N.W. Biggest Home Values in Washington They are Homes that have been designed and built to meet a very pronounced demand.. In size, character and location “just what you'll want”’—and at a price you'll find it easy enough to pay. City View Heights Bladensburg Boulevard at L St. N.E. ; The highest point in the northeast—overlooking the entire city— with- splendid transportation facilities—stores, schools and churches handy. A community that is controlled by Kite development. 3 Handsome Brick Homes, with large rooms; floors are hardwood; bath is tiled; the lighting fixtures are very artistic. Porches are wide and so are the lawns; with their pretty planting. The heating system is not only very efficient, but also most economical. 9,375 *9,675 3,975 For Inside House For Semi-detached For Corner Hou You can arrange terms that will make it easier to buy than to rent. Streets are being improved rapidly Open Every Day and Evening, Including Sunday 15th and N. Y. Ave Bus. Or it's but a short two blocks to walk cars to 15th and H Sts. N.E.—changing to Bladens from 15th and H Sts. 1rg N.E One Monroe Bungalow —this is the last of that popular group in the 3100 Block Monroe St. N.E. It's a gem of a Home—in a pretty neighborhood—where you'll enjoy living. Very unique arrangement of Living room and Dining room—separated by paneled partitions, with built-in bookcases; large Bedrooms; elegantly tiled Bath; fine hardwood floors, etc. Lawns all around—grassed and planted with shrubs. 6)650‘“’“1 Easy Terms Open all day and evening— Sunday included 'ake G Street cars to,Monroe Street N.&. and walk wes: or motor out R. I. Ave. and down Brentwood Road Built, Owned and For Sale by Harry A. Kite Incorporated 1514 K Street Member Washington Real Estate Board MWMEMHHWEE | R R R R R R R R R R R R R R R R R R R R R AR AR AR AR Rt th AR