Evening Star Newspaper, November 27, 1926, Page 15

REAL LOCAL REALTORS TO ATTEND MEETING Miami to Handle the Mid- winter Convention of Realty Men. number of Washing expected to attend the ter convention of the Association of Real Estate is to take place at \ January. During the al committee will President Maury to jur for the Washington © men who are to attend the ton rea annual . which elaborately equipped as ided for the regular annual \Adition to visiting r of Washington real xpressed themselves King the West Indies || | n Walter Greene, secretary of vimi board, the following wire that everything will be in | s for the realtors despite the recently faced by the v vestize of doubt as to Mian completely vanished within 12 | fter her disaster. The v building a committee adopted a to the effect tha Board will -imm th its iately Midwinter meeting of | ssociation, and we want that the than we had || We | | rricane. ance, however, able at that time to of the havoe wrought wind which has ever nland of the United | Concrete Pavement Awards. | crete surface pave- || eptember totaled 8,400, | ards., Of this amount 00,000 square The volume of awards for totaled ceeded i { nine month 1,000,000 square yz per cent d for the corresponding period | of 192 ds and Wages Drop Slightly. i rage of wi in the princi- 1ction centers of the United »pped one point to index num- October. paid by contractors for the mstruction mat. 1s declined d brick Pioneer 0il Man Dies. ERADFORD, Pa mber 27 (4) Alhert A, T vears old, plo P a oil . died ves hat the || plans for the enter- || vards was for roads || T00.000 square yards for streets ||} the total volume re- || The average of || ESTATE." BIG LUMBER CONCERN BECOMES BANKRUPT By the Associated Press. VANCOUVER, British Columbia, November 27.—The Southern Alberta Lumber Co., Ltd., one of the largest exporters of lumber on the Pacific Coast, has gone into voluntary bank- ruptey with creditors’ claims esti- mated at $900,000. The concern’s finapeial condition is ascribed_to losses sustained in the recent Florida hurricane and the destruction by fire of the plant of the Superior Spruce Mills, Ltd., a_sub- sidiary. Two of the largest creditors are the Blanchared Lumber Co. of Boston and the Hamilton National Bank of New York. ORDERS FOR WOODS SLUMP AS 1926 DIES THE EVENING amounted to 93 per cent of the pro- | duction, the movement thus showing a decline that for the season is rather small. At this time last year the mills had shipped only 98 per cent of their cut to date, whereas this year the shipments had amounted to 101 per cent of the cut, so that they are enter- ing the Winter with smaller stocks than last_year, according to the American Lumberman. Bad Fall weather prevented the de- velopment of the expected large farm demand, so for ghis reason country re- tailers have refrained from stocking up, and by general report their as- sortments are small. City building has continued In large volume despite weather handicaps, permits issued in October being only 2 per cent less than for October of last vear, and showing a_27 per cent increase over those for September this year. The West Coast mills have been op- erating very actively, but business has slowed down. Already some of the large fir operators have reduced their output, and it is believed that there will soon be decided general curtail- ment. Middle West trade is season- ably tapering off and, while there has Orders booked by 360 of the principal | softwood mills during the week ended | November 13, amounted to 81 per cent | of their production, and shipmen been until recently good retail trade in the E: cold weather is reducing it. Wholesalers in the Last tend to hold off buying because of high inter- coastal freight rats California is a STAR, WASHINGTON, good market for fir, but tends to be come oversupplied. Coast mills have not been able to advance prices to take care of increased log quotations, and continued operation is unprofit able. Lower prices are unlikely. In land empire and California pines busi ness is seasonably declining, but cur- tailment of output is beginning with cold weather in the mountain pro- ducing regions, while mill stocks are rather low, so that prices will prob- ably remain steady. Southern pine trade has been good. Large mills have been operating more actively and their cut for the week was in excess of orders, but small mills are reducing their production, so that total output is less. o The better grades turned out by large mill firm, though occasional conc are reported, but small mill itei weak and have declined. Trade in | North Carolina shortleaf and Georgia | roofers is slow. Eastern spruce trade | is dull and quotations teud to soften. | Thé hardwood mills have been book- | ing a large volume of business, which | is In excess of total production, but it is said that orders are being accepted at lower prices. Furniture demand is still fairly good, but automobfle buy- ing is decreasing as fact are curtailed over the building trades demand effect of colder weathe: sinks, pantries with bui v 718 to 738 a.rietta Place Situated Immediately North of Eighth and Madison Streets $5Qb Cesh—;$65 Mofith | FEATURES n ice boxes, hot-water heat, kitchen D. C, SATURDAY, Northwest Six large rooms, tiled baths, built-in tubs, concrete front porches, one-piece enameled cabinets, large porches, 30-gallon hot-water storage heater, large light cellar with servants’ lavatory and wash trays. Price, $8,750 Corner, $10,500 Open and Lighted Until 8 P.M. Floyd E. Davis Company Main 352-353 Realtors 733 Twelfth Street N.W. TERRACE q0ME Offer You ACCESSIBILITY—One of greatest advantages offered by these the homes is their easy accessibility to Any 14th street surface car will transport you IN LESS THAN TWENTY MIN- UTES from 14th and F streets to Hamilton street. ewntowa MV shington: Of course, if you have a motor yvou can make it in much less time, and, too, Sixteenth street busses are only two blocks Surely this home develop- has been propesly named THE INTOWN SUBURB. awav. ment INCREASING VALUES—Ground and property values have enjoyed a splendid enhancement in the past We assure vou of a few vears. 1 continued enhancement. EDUCATIONAL AND RECREA- TIONAL FACILITIES—Both the crade schools and the high schools available to residents on Hamilton strect are reputed to be the best in the city. Park. golf course and recreation fields are in a few minutes’ walking distance of these homes. “YOUR OWN KIND" OF NEIGHBORS—Residents in 14th Street Terrace are people, who, like vourself, enjoy a cultured and gen- teel home atmosphere. SPECIAL ATTRACTIONS—Un- usually deep lots extend to & 20- foot paved alley. The grounds are sodded and land- scaped. NOVEMBER 27, 1926. REAL ESTATE. . This offer is limited and does not extend to our spring operations We wish to dispose of the few remaining six-room homes at Fort Stevens Ridge so that we can use our sales force on expanded building developments to be announced soon for Woodley Park. $350 CASH AND $55 MONTHLY —will buy any of four choices of modern brick-built semi-detached homes, some with built-in garage, from $6,750 to $7,250. The monthly payment, $55.00, includes interest on the first and second trusts in addition to the substantial payment on the principal. The rate of interest is lower than most, if not all other building operations—6%. If you want a better home in improved surroundings with play yards for children, see these houses today. Fort Stevens Ridge is between two car lines, within walking distance of chain stores, markets, banks, movies, ete. Two new grade schools and one junior high school, as well as parochial sehools and churches, are equally close at hand. It is twenty minutes from the Treasury by motor. Exhibit house, 619 Rittenhouse St. Drive out 16th St. through Colorado Ave. to Rittenhouse St.; or take Georgia Ave. cars or 14th St. cars marked ‘“Takoma” to Rit- tenhouse St. These few types are now offered for $350 cash and $55 monthly—payments very much less than rent—uwhile you are buying a modern six-room brick-built home. Come out at once. : WARDMAN FORT STEVENS RIDGE HOMES ARE THE BEST VALUE IN WASHINGTON WARDMAN 1430 K Street N.W. Open every day until 9 in the evening. Main 3830 DESIGN—Really a marvel in ANNOUNCING THE COMPLETION OF Ten New Detached Homes on Hamilton Street n the 1300 Block JUST EAST OF 14th STREET This is our finest achievement in the construction of many fine groups of Homes —we are proud of our handiwork. 1369 HAMILTON ST. This sample House is always open for inspection HANNON - & LUCH careful design, these English dwell- ings will always be modern, regard- less of their age. THE HOME CONSISTS OF—A large, well lighted living room, with a beautiful open fireplace, flanked on cither side by attractive built-in glassed bookcases. The dining room is also well light- ed and spacious. In the rear of the I AT TR S mRE S —that special feature of Shannon & Luchs construction that affords a place of rest and quiet when other A complete tiled lavatory opens from this room. parts of the house are in use. Once again we have outdone our- selves in the kitchen and its equip- ment and to ultra modern appoint- ments—cabinets, built-in refrigera- tor, range and double drain sink, we have added linoleum floors and an ample storage cupboard. The side hallway proyides an entrance for tradesmen and the childgen and saves a great deal of wear on choice rugs and polished floors. There is a cloak closet open- ing from this stair hall. On the second floor are 3 master bedrooms, very large cedar-lined closets, two baths, one of which con- nects with the owner’s room, and has a built-in shower. A thorough circulation of air has been assured on the second floor. And, too, on this floor is the HANDY ROOM— an extra room that can be utilized as an extra bedroom, a nursery, a “dispensary.” a boudoir or a second floor den. A bath also opens from this room. SPECIAL FEATURES — Hard- wood floors throughout, fine linen closet, with soiled linen receptacle: automatic hot-water storage tank, hot-water heat, servant’s lavatory in 1 partitioned DAY-LIGHTED BASE- MENT. Members of the Ofperative” Builders’ Association of the D. C.