Evening Star Newspaper, May 15, 1926, Page 32

SATURDAY., MAY 15, 1926. REAT. ESTATE, POLOINJURY KILLS WEST POINT CADET Hamilton S. Hawkins, 3d, D. of Raltimore, was re-elected vice presi- dent of the American Bankers' Asso- clation for Maryland. Waldo New- STAR. WASHINGTON. comer was elected a member to serve i on the nominating committee, with | Morton M. Prentis named as hl(l'l'mfl@.l Elmore B. Jeffery was chosen vice| | president for Maryland for the trust| company division. rett 8. MeKim r—— o » REXT ESTATE. THE EVENING STOCK MARKET IS DEADLOCKED; LIST DISREGARDING GOOD NEWS 32 SUMMER LET-DOWN LIKELY T0 BE BRIEF Volume of Trade Now Is Far one of the most brilliant pola players | Col. Hawkins took command of Fort of the academy and was engaged in | Myer three years ago and has been o practice game preparators i imter.| #4i€Ned to take a post in the Philip colleglate contests when he was in. | PIN€S this Summer. jured in a fail =& During vacatton ¢ who was a c«q bear lived with his famil title of the King of Sweden of the f stav \° The formal veden fs “King the and the Wend: det Hawkins, West Point Fort M North Cleveland Park s at | |Opinion Divided as to the Immediate Future. Apathy Is Discouraging—As Little Rush to Sell as to Buy—Bonds Are Firm. for the sav . w. B.| Copper for the national bank division and J. Enos Ray for the State bank division. Greater Co-operation Urged. Maryland Association Names BY STUART P. WEST. gers and extra corporation dishurse- Need for greater co-operation among the hanks was stressed hy George J. T. Hopkins—Backs Blue Son of Fort Myer Comman- Just beyond “Friendship.” i Higher Than at This ['#. Time Last Year. 3824 Veazey St. N.W. Just two left Semi-deta hed brick 8 rooms, bath, shower Hardwood, floors throughout White or mahogany finish, Sun parlor, sleeping porch Concrete porch and railing Two-car garage to match Wide and deep lot Lawn entirely sodd And many other nice $15,500 Terms can be arranged Massachusetts Ave. to Wi North to Veazey Open every day and Built, owned and § THE JAMES MARTIN REALTY CO. Main 4413 307 Investment Bldg. ments of ene sort or other would bring about an Increase of values All this has been played out. Tt would | Seera to he diffeult to get the pablic [1ntanspTad. apain, A At VAN IRAC hasto sl nrnsisa i iues ! Autumn. in reports of this sort. = S G R ki | There ar erous excepiions, ovar | (ATl CITY, N. J.. May 1§ market dwall upon the point that |u pocie®ne Temie When capital Apiit ssion of the Maryland good news has been falling flat. e ol L o hrought ahout | BANkers' Ascociation, J. T. Hopkins, e et hient wowiinl | 8w gricer. Bt n Tegs nusaber |TTTRNt OF (s Cecl) Himtionel B, strike in England, which was talked | of jnstances where high-priced indus. ‘”"” Lrn_rv.-i;. was electe .|duhm~]hhm ;»,f: mme as the beginning of a |(rials have been multiplied by four, | g oot I L e o Plen vevolution, aroused no en: | five and ten, it has meant that stocks | (06 By (iore U Cleoted firat vice m whatever, It waa, of | were being brought down 1o IRUVeS &t | o iqany i 7 matter of great relief, but | which the public would buy, and where | 7 e honorare vice presidents were aforded putside. of {the inaiders’ would have an oppOriu- | seiected. T B | nity (o sel LAt o ) On the opposite side are ,‘.,",:‘,','tf‘,"(“ :3}:“""““ o [ tremels’ easy maney canditions Chiads D f Uhee T, Ais S eaDIlin halias; of Dian W. Talhott of Ellicott [ gut the State, night and Miss Nancy Hawkins, sis | ments around the top Cramer of Towson, Sterett & B s o I v loane, the hig mes H. Brady nnd, MRS. LYDIA E. IRELAN, 82, 1ot A e ettt e i rday. Other s - VETERAN’S WIDOW, DEAD [3a'a Rnr. Miee Hareier SHamicine | Decamp. chairman of the board of the Kederal Reserve Bank of Cleve land. ! Although the past 10 vears ha\l“ witnessed the greatest prosperity in the Natlon's history, Mr. Decamp as serted that productive capacity had gone ahead to such an extent that A | keen competitive market for the sale of goods had heen created. This “eramble for trade had influenced un sound practices in banking, he sald. Holmes D. Baker, in delivering the president’s annual address, empha sized the accomplishments of Judge nk I. Duncan’s agricultural com | mittee which has been co-operating | with the Government in developing | and girl clubs through Special Disyatch to The Star W YORK, May 15. n the Stock Excharge ended with | |contrary opinion regarding the im mediate outlook. Those who are not so favorably disposed toward the Sky Committee. The week | dant, Victim of Fall. Hawkins, 3d, son of Hawkins, Jr., com- and the | Hamilton S. Col. Hamlfitcn S. mandant of Fort Myer, Va., grandson of the late Gen. H. S. Haw- kine, who won fame in the Spanish Amerfcan War, died at the West | W Point Military Academy yester ||| of injuries received in a polo game, Thursaay. (adet Hawkins who was 21 years old, was to he graduated with high honors in June Funeral services were conducted at West Polnt this afternoon with full honors of the military school, fellow student officers acting as escoris ! Col. and Mrs. Hawkins, were called to the hedside of the son, Thursdas Bpecial Dispatch to The Star NEW YORK. May 15.-The regu lar Summer let-down in business, which has come to he regarded ax almost as inevitable as the aquinoc- | tial storms, seems likely to ba of briefer duration than usual | The volume of trade. transporta- tion and industrial production is far higher today than at this time !ast vear. Business activity is helnw ih peak of the vear. but last Ma buz ness men were complaining hitt of conditions. Yet, 1925 as a winir was the most prosperous this country had ever enjoved Dispatches from ail seciic country indicate that unemplormer 1s negiigible and likelv 1o re for some time Witk two the wheat harvest w the Southwest ers already are work in the fields and tricts where harvest more farm workers are needed Will Absorb Labor. Highway and railroad co now in full swing, can be counied on to absorb any surplus of comno labor, even if the plants cut down prod work will require expe hundreds of millions or fore the year is ended. The steel mills are m falr pace and repair work ment replacements are el Automobile sales have hee ing, but many competen ticipate some slackening of vutput ur til the markets are cleared some, extent of the used cui ‘trade insurance” which over them. The rapidity exemplified in Cuyahoga which Cleveland is the center. sales of new cars in April 5,527, compared with 4.20 last April according to bills of sale filed with the county recorder. Nales there in the first four months of this year were 12,983, as against 9.11 5 There has been a drop construction in some of cities, but the gzeneral velume building for the country as a whole is undiminished. Chicago in the last month showed a decrease in the total value of new construction of 36 per | cent as compared with the corre sponding period of 1925. Lumber has been in fine demand. and the trend of brick, crushed stone. window glass hollow tile and iron pipe is upward Furniture and household goods are in splendid demand. Sugar Is Stronger. The live-stock markets have main- | on the ex ] "hese invesi Drive ount sconsin Ave. and then St n the action of tors in meet the highest expectations hy de. £ extra dividend on the shares, the accom statement April earn ings wera the largeci in the r panv's history, failed to have a influsnce npon mator securities. Con sent’v. {t did not count as a gen facter. 4 market where the specu'ative arcount was very much extended and pricee had been going up extrava gantly. theee would not he good signs. Thev would mean that good news was heing taken advantage of |t sell stocks. But In the present case there has been a very severe e. which must involve a ron E ble {f mot thorough correction of sneculative excesses. Therefore the fact that has not been keen ahout happenines do not count sale by in s | : with weehs mortgages, the long-estah. | fvans of Haltimore, panvine Miss Harriet Hawkins and lished preferred shares. of industrial | john 3. Cornwell, general counsel of corporations. The same sustaining in- | ha Baltimore and Ohlo, addrassed the | uence is felt In the old-ilne, dtvidend- [ conyvention on the rallway transporta s grandmother. Mrs. Hamilton & Hawkins, hoth of 2135 P street Cadet Hawkins was regarded g rafls, {tlon question and explained the c { sich circumatanc {solldation prohlems pertaining in is bound to he reached w T lis an fnvestment overflow into secur:| ities of 2 more speculative rank, and this stage appears to have been ar rived at in varfous quarters of the stock market now, Mone rates have continued at a |low range without any sign of inter. | ruption. Cotton has kept on moving within narrow limits, walting for more | light upon the prospects of the new crop. The wheat market has been af- | The popularity of Holmes D. Baker fected toward the end of the period |,¢ Frederick. the retiring president by more favorable weather conditions. | mada evident from an address by There was nothing remarkable, how- | v 1. Duncan praising him favorable | ever, about any of these movements. the whole-hearted and efficient as much.| The notable occurrence has been| manner in wh he had administered Those who take a more cheerful view |the fall in the French, Italian and [his office. He has set a pace which it 'iner United Staten Patent of the position emphasize this fact and | Belgian currencies French francs ! will he difficult to follow, Judge Dun e. she leaves four grandchildren say that while there has heen little or | have mada a record low for all time|can asserted Funeral services will he conducted no fresh buving. there has been [for no new reason, but simply {l-| ialdo Newcomber, president of the ot the residence Monday morning at little selling. Prices are down |lustrating the distrust of the interna- | Baltimore Clearing House, introduced 1o g'clock. Rev. J. R. Sizoo of the most part on the week. but | tional banking community in the ef-[5 resolution. suhsequently adopted.| New York Avenue Preshyterian oniv_ slightly. A state of deadlock [ficacy of the new financlal pro-| proposing that the Maryland Bankers'| church, and Rev. William A. Fisen prevails, and #t {s hard to see just | gram. The criticism 18 that the| Agaociation lend its assistance and co-|herger, assistant pastor of the Church what ean occur to break it | French tax increases are spread over | gperation to the blue sky committee of the Covenant. will officiate. Inter. Can a change take place In the too long an interval to cause any | of Maryland. headed by John P. Baer.! ment will he in Western Cemetery business situation which will afford |early halancing of the budget or to s to suppress the activities | Baltimore. | the hasis for a new advance” The an-| take ear f the short term l0ans|,f <ecurity swindler. Mr. New Pallbearers will be as follows: Her swer seems to lie in the truth that no [ which are soon to mature. | comer asserted that the hine kY com twn oldest grandsons, George Morris perind of expanding husinass prosper Ttallan lire have sunk to a new |mittee had done much valuable work and ¢'harles Morris. jr.. her grandson ity has ever heen built up on descend. low for the year. The Italian situa-|in iracking down and investigating inlaw. Felix A. Rusell: Daniel ( ing commodity prices. and the decline tion is acknowledged to be ohscure. | frandnlent security sales in the State. Vaughan. George \'. Chandler and Da in the commodity level which has All that is known is that in Talyv./hut that unless financial support is|vid Murphy heen going on since the fi nf the as in Relgium, the props wers recent- | forthcoming it will have to go out of vear has not vet heen chacked For Iv removed apparently had | existence. | six weeks steel quotations were main- furnished artifical suppert to the . tained; within the last 10 days they market for a long !Imr\'p‘;x! Relgium A. R. A. Officers Chosen. | have sagzed again is in much the same position as| Royce, president of the | fancy The textile industries have heen up. France. with me political un TLondon. i by the abnormal weather condi- certainties and the critical question | i ut the chief point is that in. of whether any cabinet can he formed { prices are low, that except in | which will have the courage to go| i | | |isolated instances they are showing no through with a drastic tax increase | inclination to rally. and that this sufficient to settle the budget problem. | ; . KITE OFFERS : Special counterbalances all that can be said |The opinfon expressed in some direc- | A Very Attractive New Home at the sida of big production Nndllinnl that now American ecredits | 1723 B Street S.E. tained their gains and sales of feeder |activity in the retall trades. would ba available for the aid of these | cattle have been made at hizher| The rising market in the latter half | currencies after the war debts had prices. The demand for horses and|of 1925 and again in January. 1926, [ been provided for, has %o far not been Splendid neighborhood—6-room Home, with bath; hot-water heat, electric lights and garage. k from astern mules also is broad. considering the | was founded upon the idea that mer- | realized. Park Cars Funeral Will Be Conducted at Resi- | tlar to his company Sl Bankers Pledge Support. dence Monday Morning—Burial Following Mr. (‘ornwell’s address it in Baltimore. was voted by the convention that a committee be appointed at some later | time to represent the Maryland asso clation and co-operate with the State committea In connection with the cele. bration next year of the Baltimore and Ohio’s anniversary. £2 vears | Irelan i Davis | Charles | veteran, died at C'harles M. Ire. Mrs. Lydia Ellen old, widew of Capt Irelan, Union Army the home of her son lan. 1330 Twenty-first street. yester dax. She was for many vears a mem her and an active worker in the Wom en's Rellef Corps. Mrs. Irelan was born in Defaware She came to this city from Baltimore more than 30 vears ago Resides her son. who is an the market exam or Originality of Design This home will appeal to the buver who seeks that captivating old-world style of architecture, enhanced by modern appointments. of sales is County, of Retail totaled the Ivory hracelets. extremely thick and two or three inches wide, are a new among fashionable women in | Heyward Drovers and Mechanics' National Rank supply. The position of xugar ha strengthened and the British str did not last long enough to affect tea. Frult is passing to the ca ceedingly advantageous prices for the growers, Business in copper has shown provement, but the price still leav narrow matgin for many of the higher cost producers. Demand for lead from the electric trade has eased. while zinc has been steadied by curtailment output in the Tri.State field The wool trade is extremely stricted despite the fact tha of the Jericho and Manti Utah have given 2 lead to Growers and buvers still are far apart a8 to their price ideas. Textile Demand Light. The demand for cotton textiles is light, but_shows some signs of im- proving. The change in weather con- ditlons has given a decided impetus to sales of clothing and tailors and dealers in men’'s ready-to-wear suits have been rushed to top speed this week. Rayon production still is ex- here are many unique features on the first floor, such as a carved hand- rail to the main stairway, two sculp- tured fireplaces, beautiful blue tinted ceiling, conservatory, etc. Jos. A. Herbert & Sons e Agents Three.car geration JAMESON-BUILT HOMES! 1800 to 1850 Potomac Ave. S.E. Over 100 Sold Priced at Less Than $7,000 and up Easy Terms ithin the reach Iy priced- Lo sub. Drive and or two L rot west on Bl: and Lincoln Just a High School are handy. Price and Terms are temptingly low Open a o Exclus Washington s et complete cated in divieion— EASTERN TERRACE Tapestrs brick bath: hot-water heat and fixtures n extra lark, and porches: laundry tubs ear Jard, 1o wide alley "Anexcellent ome that is complete 2 fewest 1013 15th St. N.W. Main 4590 A Cozy New Home | T 202 16th Street S.E. electrie lights panding with active buying for near by delivery and official quotations un changed. Raw natural silk has been strong due 1o covering by Japanese | shorts and despite the rapid fluctua. tions of Itallan exchange which af fected the Italian product The curtailed rate of production of | the Akron Tire Manufacturers is held responsible for the duliness of the rub- ber market. Fur sales here brought spirited trad Selling Fast Four hlocks from the new Fast ern High School. See these ideal homes now Ak the Man Who Owns One Built, Owned and For Sale by THOMAS A. JAMESON CO. Owners_and Bullde . Ave? Phone Main 5526 6 rooms—big rooms and bath, with best of equipment and fixtures. Take Lincoln Park Car. Very Low Price Very Small Terms ing, stimulated by the present style trend. Prices were firm, especially | for muskrat and raccoon Salesman at both Homes all day Sunday. Harry A. Kite (Incorporated) Member Washington Real Estate Board 1514 K Street Main 4846 P e e e L. ANNOUNCING The Completed Sale of the Eighteen Homes On T Street Between 38th and 39th In DURIEITH Never in the history of The Burleith Community has any group of homes met with such unanimous approval as the group on T Street. g This Quincy Terrace Quincy and 22d Of attractive design, and practical in those features upon which comfort depends. It’s a very pleasing neighborhood—composed entirely and exclusively of Kite-built Homes which is your guarantee of investment value as well as the maximum of liveableness. The lots are large and prettily planted. The rooms are big and effectively arranged. Every detail of finish from tiled bath to hardwood floors is of the highest quality and in the best taste. You’ll like the neighborhood and you’ll like the Homes —and You'll like the price— And Appreciate the Easy Terms Is One of the Types of Pretty Homes in Exclusive Northwest Prize Homes Four Sold This Week treets Northeast We are anticipating your desires and are build- ing a similar group on § Street between 38th and 39th. These will be ready for occupancy on October 1st, 1926 —Same Superior Construction and Appointments Same Unparalleled Value Price $9,100 Each of these homes will have six rooms, a dining voom or a eompletely and beautifully furnished dining alcove, a kitchen that i8 ten years ahead of today's “modern appoiniment,” three bed- rooms, ample closet space and tiled bath. Located between 38th and 39th streets at the inter- section of Mass. Avenue and Cathedral Avenue. Over- looking the beautiful National Cathedral Grounds. EIGHT ROOMS—TWO BATHS Built-in Garage Every Possible Modern Convenience. So that we may show you these homes and other styles that we have avail- able we suggest that on Sunday you inspect our sample home Take a Burleith Bus HANNON - & LUCHY Membera-of Operative Bullders’ Association of D. €. The Most Reasonably-Priced Homes in the Northwest Terms to Suit Your Convenience TO INSPECT, call our office for representative or Drive out Mass. Avenue to Cathedral Avenue Take Wesley Heights bo\:s to 38th St. and Cathedral Avenue. Open Daily and Sunday Until 9 P.M. CHAS.”D. SAGER Realtor—Owner—Builder 924 14th Street N.W. Phone Main 36 Until 9 P.M. Daily or Until 2 P.M. Sunday N\ )77/ ‘{\‘1.'7. e ANV 172N NN ; Take G street cars from Treasury Dept. to 22d and R. I. Ave. and walk north to our Quincy Terrace sign, or the bus will take you within two short squares. Open for inspection every afternoon and evening, including Sunday. Our Mr. Hamilton will be there, or you can phone Cleve. 1490 for special ap- pointment. Built, Owned and For Sale By 14 Harry A. Kite Main 4846 Incorporated Member Washington Real. Estate Board "