Evening Star Newspaper, February 4, 1928, Page 18

18 RTAL MORTGAGES HELD BOON 70 BUYERS @. C. Bowie Tells Students of | Financial Aids to In- vestors Today. { ESTATE. AMERICAN ARCHITECTURE DEVELOPMENT PRAISED U. 8. Club in Paris Told Achieve- ment Is Greatest of Gen- eration. 1 Paris Herald. Enropean Edition of the 1 Tribune ‘The development of American archi- tecture has been the greatest event of the generation, which has seen a retro- | gression in most of the other arts,| Ralph Adams Cram, architect, declared | ¥ in an address before the Ameri- c ous sources available to e 8 ress in architecture since the Civil War, | hof finan- Bowie of can Club of Paris. None of the other | countries, with the possible exception of | h n. has made such prog- rature and the drama are rts which have | ¢ with architec- he said. L the only other fine even begun to keep e, he added Mr. Cram described American archi- at the middle of the last cen- THE DELEGATES HONOR CAPITAL REALTORS Miller, Warren and Schick Named to National Com- mittees at Houston. Three Washington realtors were hon- ored at the annual Midwinter business meeting of the National Association of Real Estate Boards, rvrn‘sentlnx more than 700 cities in this country and Canada, which took place last week at Houston, Tex W. C. Miller, president of the local board. was inaugurated a member of the executive committee of the home EVENING STAR, WASHINGTON, BUILDING SHOWS GAIN. Baltimore Experiences Boom, Jan- uary Report Reveals. Special Dispatch to The Star. BALTIMORE, February 3.—Building operations in Baltimore during January totaled $6,428,820, according to the val- uation of permits granted by the Bu- reau of Buildings in the month. The figures are the highest for any one month since March, 1926, when the to- tal was $7218.200. The highest figure reached in 1927 was in June, the total for that month being $4,258.440. The total for January, 1927, was $2.- 036880. In December the total was $1,245,720. Home construction for which permits were issued last month included 268 dwellings, valued at $984,000. DECLARES LUMBER SLUMP IS NEAR END month justify the expectation that out- put will show a further reduction,” it t the present time orders are coming in at a fairly rapid rate and exceed current output by a wide mar- gin, Some improvement s undoubtedly of a seasonal character, but a gradual betterment of conditions is in prospect. “One_of the most remarkable fea- tures of the current situation is the fact that the prescnt high rate of fail- ures of lumber concerns, normally an unfavorable factor, s at present the main reason for prophesying improve- ment. This weeding out of weak con- cerns will keep supply in better adjust- ment with demand and prevent much of the ruinous competition. “For the entire year 1927,” the cconomists report, “there were 850 fa- talities of lumber companies, against 644 in 1926, the previous high year. Failures in December, 1927, equaled 95, the largest number for any month on record. During 1927 liabilities involved in_these failures amounted to $43.- 982,000, more than double the 1926 record figure of $21.218.000. These fig- ures are ample proof of the trying perfod witnessed by the lumber indus- try during the past few years, and SATURDAY, FEBRUARY 4, 1928. REAL ESTATE. Homes of Distinction HERE ARE THE FACTS LAST AVAILABLE NEW HOMES IN MT. PLEASANT Unequaled Values Facing Rock Creek Park— the finest park in America. Exclusive — yet close to theaters, churches and stores. > One block from 16th St. Bus —Mt. Pleasant car—2 in Parkside F YOU want a magnificent home, of special charac- ter, refinement, loca- tion and all modern features— See these delightful English Stone Homes. With 7 and 8 rocms, spacious bath, garage and every modern conven- ience. $13,950, Convenient Terms blocks to 14th St. car. | cted under | tury as “simply awful” in part due to | builders and subdividers' division; R. e | afford_some basis for the belief that | Paved streets and alleys. eal | the philosophy of the period. He dis- |Bates Warren was re-elected chairman X p 3 in 1928 the industry will be left in approved of scrapers, “but would |of the co-operative apartment division, Economic Service Sees Brighter | tne control of the stronger firms.” The most ideal environment ike to try to build one.” In addition to |and James P. Schick, executive secre- P b Ind s rospec or ndustry | possible comparable only aper, however, he said Amer- | {ary of the local board, was named sec- - " ke retary t xecutive c ttee of e " 0 tecture had taken the lead retary of the executive committee This Year. Sales Managers to Meet. i the highest priced ites in the largest e the building of homes—at least five | Secretaries’ division of the national as- each based on local traditions, | sociation. 1 opresented—and the building of | A paper by H. L. Rust, jr. of the local the sales managers division of the Real | lies and churohes board was Tead to the national asso-| The long period of depression in the | Estate Board will be held Tuesday- in e the countries of the Old World | ¢iation. Mr. Rust wrote on the creation | jJumber industry is nearing an end, ac- |the blue room of the Hamilton Hotel. | own a distinct falling off in |Of the mortgage and finance division in | cording to the Brookmire Economic | The sales managers of the offices of the ctural progress. he said the|local real estate boards. Recently |Service, Inc. “Production, which for- members of the board will discuss vari- | i owes A debt to France for the Sx:ch a division was created in the (merly had maintained a ruinously high |ous problems dealing with interoffice | ment of the Gothic style. which :::::1‘::xnc(:ncnl:&g‘:figo‘;mtlmcgl:m"(;lf rlle,u:!ecllnrd sharply rdurmg the past | relationships. J. A. McKeever, chair- | : ¢ | crea e | mon nd o e a vision, will s t into_existence a“p;m;i?m;x bt byl Sl b T R figures for the present|man of the division, will speak. 1 - 1€ | Capital and for studying intricate prob- - lems in this field B >~ The local party left Washington two J Model Home Opened. weeks ago and proceeded to Houston 5 {via Pinehurst. where they went on a odel home, finished in the Eng- sight-seeing tour. They went from ure and completely | there to Atlanta, inspecting that city ecping with that type of |and visiting the famous Stone Mountain has been opened by the L. E.|memorial, which is now in progress of || nger & Sons firm on Morningside | being sculptured. The city of Houston Shepherd Park. The house is | particularly interested the realtors as late roof, | an example of modern city development. style front | The local board also had a view of the gstone walk | Baton Rouge area of the Mississippi ‘flood and inspected the damage. The regular bi-weekly luncheon of Exhibit Home 1808 Irving Street N.W. Open, Heated and Lighted Until 9 P.M. Tastefully Furnished by the Peerless Furniture Co., 829 7th St. NW. 1416 Eye St. N.W. Main 8949 ameson-Built Model Homes 31 Sold 913 to 937 Quincy Street N.W. Selling Fast Inspect at Once 6. 7 and 8 large rooms, tiled bath, h.-w.h, electric lights, hardwood floors and trim, one- piece sink, built-in ice box, in- stantaneous water heater and other extras. | wwooww-wunw«wt' Cooley Bros. Again Offer— Quality New Homes at Low Cost Fine Location Near Mass. Ave. Heights Section Attractive Business Location on 11th Street Near “G” Priced Under Market Value This property, with its wide front- age, fine downtown location and at- tractive price, will not be long on the market. i | i i ; 3 i g hes, cement th or without Double rear front porch. built-in ga “Ask the man who owns one” For Sale by Thomas A. Jameson Co. Owners and Builders 906 N. Y. Ave. N.W. Thomas J. Fisher & Co., Inc, ||| DO roumBORON rim v 738 15th St. N.W. Attractive tapestry brick con- struction, superior workman- ship and finest qual- ity-features throughout. homes in this group, one sold be- fore com- pletion. Be sure to see ge. always a mortgage,” the enforce- of which has always tended to preserve to the borrower his just and proper rights of redemption. Under hardships were We Solicit Your Inquiry ve the d protec- them Sun- day. — —— attempts at protection, ROWever, WS- | oy 0SSR RO y reacting to the detriment glf‘ the —_— = = Exclusive = - ns m borrower, because the more conditiol glulmuu|unn|1|mumnu|l|l|l|||mmurmuunnmunummwuumummmm H B 3 One of the Biggest Bargains We Know— them, causing a definite urces from which money can be se- A big Center Hall Home—of 9 rooms, 2 baths, garage and spacious lot, with profuse planting. 3224 Northampton St. Chevy Chase, D. C. Very durable construction—being stucco on hollow tile, which means comfort as well. Excellent appointments throughout. Bay windows, ample porches, etc. The owner wants to sell quickly and reduces the price from $16,500—and it's worth it—to $12,500 Can be Easily Financed . If you are looking for a bargain—here is one—a saving of exactly $4,000. Open Sunday From 2 P.M. to Dark. Turn east on McKinley Street from Connecticut Avenue; to 33rd Street, north one block to Northampton Street. INSPECT 3803 BENTON ST. N.W. Price $8,97 and Frigidaire ng, serous Up Terms In Every House rate and the 6 big rooms. 3 covered porches. Tile bath with shower and built-in fixtures. Inspect Sunday Beautiful brick or gumwood o mantels with Radiant 5 oa 37 Heater. Hardwood floors. i~ Frigidaire equipment. Built- Ln cinulu.b Bright m:d;;l s 10 propery. itchens. eep rear yard. | Front yards inclosed by o:."l:“:.u“d Chevy Chase stone retaining - - walls. New American square 9 AM to 9 PM ) sectional boilers, etc. ForsdleBy COOLEY BROS. Room 1003 Vermont Bldg. (Builders of Better Homes) s of all parties care should preparation of con- trensfer of property A commanding location—near Mass. Ave. Helghts and adjoin- } ing Glover Park—affording a ¢ splendid view of the Potomac ¢ River and countryside for miles beyond. This is a restricted new section of increasing values— * near Western High and graded schools, cars, stores, busses, and only 15 minutes from the Treasury. Unlimited safe play space for the children. be exercm;d ration of conveyances.” he :sg* D Tatout 5 per cent of the papers recorded are defective either as %o parties, description of the property transferred, or execution.” Features of Contract. told the student realtors act for ————— or Your Broker Main 7588—Clev. 4308 G 2PV IVIVV000000000090000009000000009000000000 00OV IVVVIVOVOP0P0NL PN VN0V LEOPPTEL LTIV NE P of 21 years—inas 1s have permitted minors o rescind contracts at any time before their ma, even though Joss to other parties 0 & The property of & minor, he ust not be sold s ted for that pur- an order of perty should be ] ~MEKEEVERGOS Deal With a Realtor 1415K Street Main 4752 L mmnum|||nummmummlmummnmli|unumumunlmnmwnmmnuummlnuumumlmma - Inspect These Homes Before Buying You Will Find—MOQRE For Your Money Here 3109 Garfield Street el ARISTOCRATIC MASSACHUSETTS PARK Amid Fine Oak Shade Trees—On a Hfg}l Elevation Ouvrloolu'ng the Grounds of One e T T of Washington's Finest Estates Here is a residence which will meet every requirement of a family who are accustomed to fine environment and who appreciate their home—correct architecs tural design, nicety of appointment and unusual spaciousness make this not only a splendid place to live but a place in which it is a pleasure to entertain, Aside from the hospitable Living s on the first floor there are five bedrooms Majestic Stone Manor Overlooking ROCK CREEK PARK ! 1629 Van Buren St VW and three baths, all of which have a shower. An open fircplace, electrical re- frigeration, special decorations and lLight- ing fixtures, and @ two-car yaraye, are features of this modern residence. Price $28.500 <A charming rustic setting. Umque in design and interior arrangement, constructed of stone reinforced by heollow To Reach—Drive Ave. tile to give its beauty an enduring charm. Planned to Calvert Strest — wast on Calvere Se. to please the most critical and providing the environment and Cleveland Ave., and thence to 3Jlst St.— facilities for the proper entertainment of guests. 1t is the Turn sharp right to home. Wa supreme combination of all that is fine in a real Aome of vour INSPECTION SUNDAY. THOROUGHLY fascinating home, worthy of s out Conn. (Built by Max Sugar) EXCELLENT NORTHWEST SECTION 1 Block From Fort Slocum Park $8,950 EASY TERMS Open Daily and Sunday Sample House, 129 Longfellow Street N.W. WAPLE & JAMES 1116 14th St. N.W. TN distinctive individuality. N Open Today and Sunday Drive ous Sivieenth Stroot to Van B rem and go one-alt Mlock west J. €. Douglass Co. Faluvive (gente JANNON. & LU Realtors 1435 K St Main 2348 Main 10260 Frank.