Evening Star Newspaper, February 11, 1928, Page 17

REAL 'iEXHIBIIS PLANNED FOR HOME DWNERS . Industrial Exposition Will Contain Many Displays Ap- plying to Residences. ESTATE. The ar 1 industrinl exposition, to | be staged by the Chamber of Com- | {*merce at the Washington Auditorium | AMarch 1217, will contain numerous ex- hibits of interest to the home owner | and builder, according to an announce- | ment by the chamber today. Frery effort to appeal to the home | ouner will be made this year, and at- | tention s being dirccted toward the | p many cxhibits as | i s that go into the | a new corporation headed by house or which add | ———— o comfort or orna- paration of Will Shew Goods Made Here. s of this type w from Fiftoenth Pas | (Continued T heating and radiator covers, s and flowers and said, docs not the_cducational side of the business <o much character and integrity test. but he thought that the time would come when an educational test would be ap- plied. just as it is for lawvers, doctors and members of other professions. n< 101’ this fourth annual h|<1- ness show call f variety of artic «oln Definitions of Terms. The speaker then took up the defini- exceed 100 in s s s o | and 1 be at least 25 per cent mnm‘l\m\ of a number of technical terms than the number in previous shows. |and explained that in the bill the term Plans Appeal to Home Owners. |broker means any onc who sells or} will LAW TO REQUIRE LICENSING ARD OF REALTY DEALERS URCED | sons with whom they deal. A direct appeal to the home buyer |fTers to sell of rent or offers to rent ome owner by showing him the cts he can obiain in Washington | 3s one of our chief purposes in holding the annual industrial exposition.” | §tates Mr. Leesc. “We are organizing | our displays with this aim in mind and | endeavoring to ob exhibits | ty of business lines o the needs of the | Assisting Mr. Lecse on the executive > directing plans for the ex- Eu on are: Ivan C. Weld, Charles W 17, Isaac_Gans, Robert N Hm'porl Ernest E. Herrell, Harry King, Albert Schulteis, C. Melvin_ Sharpe. A. Left- wich Sinclair, Charles J. Stockman, George S. DeNcale. Henry C. Cramp- :‘ox-., John Z. Walker and Rudolph | e MORTGAGE LOANS LURE INSURANCE INVESTORS' $20°.917,728 Used by Prudential Company for Realty Projects { said: in 1927. Investments by the Prudential Insur- @nce Company of America during 1927 egain were directed in large part to- | e2rd real estate mogtgage Joans’ accord- | 4nz to re report made public here to- dav by the H. L. st Co.. local cor- | gespondent for the Frudential Co. ‘The total loans made in this field | @uring the year were 20.369. for the sum ©of $206,917.728.90. A significant feature 4¢ that £159.112.896 of this amount was in housing loans in the United States and Canada. These provided 23944 | dweliings and 1,345 apartments for the sccommodation of 45,480 families. | not | The expenses of the commission are te. and that a loan broker is inciuded, as the loan broker governed in most States by blu lans. Most States do not regard offices or mortzage houses as real brokers He further explained that a broker includes one who acts on behaif of another and this mea real estate business clude, however, the man who sells only his own property. Mr. Whiteford said that it a person sells enough of his own property to make him employ a salesman that that salesman must have a Neense. The lecturer stated that the law con- templates a commission for the ex- ecution of the act and that this com- mission is usually composed of five men. real e not in- paid by fees charged brokers for their | license ranging according to the amount suggested by various localities but sufficient to permit all those who desire to practice. A man is entitled to a license on the following general qualifications, he, 1. Good reputation for honesty and truthfulness and integrity. 2.} Proper , qualifications to adequately transacl real estate business. 3. Proper service to clients. Entitled to Appeal to Courts. He explained that if the commission refuses a license the applicant is en- titled to an appeal from the commis- on to the courts, whieh. of course. the right to review the action of e commission. A salesman licensed under the bill to do business with a particular office can not change unless given a license. This law insures the abolition of the “ne‘er-do-well” sales- man. 1 Licenses can be revoked for misrep- resentation of fact as to materjal mat- ters in regard to transactions or act- ing on false promises made to induce persons to become a party to a transac- 27 al\va '§ 4, blowmé\bubHes? 2| The loans made on dwellings and | spartments during 1926 totaled $155- ! $00.000, thus 1 shows a gain in this field of $3.612.896.08. ! Ai'cyou i ‘/’/E':? S DON'T DO IT! See These Fine Com- plete Homes at $6,950 Small Cash Payment and $59.50 Monthly Exhibit Home 3609 18th St. N. E TO INSPECT: 4 Ave (o 181N take Note These Features 6 rooms, tije bath with showers oak floors, bullt-in refrigerators. Hot-water heat, automa'ic hot- water storage tanks, Sleeping porchies and fine garage 1416 Eye St Main K19 “BEYOND COMPARISON" S o e g T e T S e 100% CO-OPERATIVE OWNERSHIP oyal Ari 3121 leth St. N.W. P 15 Whiy aparvment i this new modern, Sveprond b y ot own your Joaur, convenience and econom Aparsmente v 1 room, Litchenatte and bath to 4 yoome, bitchenene and bath, and porch, so decigned that every spartment is sn outside nne. Let us expluin how easy it in 1o huy a home here with the money you now pey i rent, Ofien for I/m[uulmn Daily, 9 AM. 10 9 PM, C.IAS. S. SHREVE 1222 Conn, Ave. Main 895 0 A 1 5 R0 10 A o THE EVENING STAR, WASHINGTON, Farge hotel focated on Sixteenth strect between V and W streets, which has been purchased from Harry Wardman, by Frank B. Banks, manager of the hotel. ' REALTY BOARD BANQUET for March 31. Fetate Board brnguet The will hold AMarch 31 at the Nev President W. €. Miller of the appointment of the chairm the rencral banquet - commitice week. The dinner will be |same lines as last year There il be a prominent speaker, and an e o [entertalnment program following the lHows | dinner. Announcement, also will be % | made shordy of the date of the sale of kets. for more than one ction: aceeptin one but his ¢ » to account for funds commission for violation these regulations. Any one who has his Heense revoked 15 entitled to appeal to the courts 1o review this revoration and brok required to give bond to pre tions: pmn— acting announce an and next uch along the r pointed out that the law 2 v person desiring to enter res tate business opportunities to so engage !¢ in that business and to conduct his business, provided he shows proper character and ability. and still protect client o . of the wild pineap- according to gov- 1 Paper from fibers Best Northwest Buys Cafritz Lifetime Homes Greater Values—Greater Savings Big 6-Room Homes 5th & Delaficld Sts. Highest Point in Petworth 7, 950 Spacious living room, attractive dining room, big & 3 large bedrooms, tiled bath with built < shower, amale closet space, concrate cellar. E ood ficors, artistic decoration, modern con- 4 veniences. 3 bhig covered porches, builtiin brick % garage, paved allcy. Coavenient terms; monthly & payments less than rent. New Semi-Detached Homes 4412 Chesapeake St. Worth $1,000 More $8,950 In A new community. 6 rooms, large living room, cozy dining room, kitchen and pantry, 3 large bed- vooms, tiled bath, with built-in tub and fixtures. 3 wide covered porches, beautiful natural trim, 2 hardwood floors, newest equipment. Concrete m.i % i lar, deep lot, 25 ft. wide, big garage. Attractive terms. 4-Bedroom Homes 23 Built— only 3 left 4th & Du( atur Slu. Near Sherman Circle bulf -""10,950 Mansard vaof, 1 2 covered tive biiek hames with v, accond floor aveanged n!ml bath with huiltiin tub and wer, bright kitehen, pantry with huilt-in velvigerator. Actistic @ hatuves and decoration, havdwood floors, all nees. Deep lot with garage; paved street $ and alley. Convenient terms arvanged. Open, Heated and Lighted Until 9 P.M. v CAFRITZ Gicners and Builders of Commuanitiea M. 9080 D. C. BUILDING EMPLOYES TO RESIST WAGE CUT Unions to Stand Firm Despite Sur- of Help and Work Shortage. plus “Although the decline In building a tivity has been felt in a number of califies, and a surplus of skilled me- chanies as well as laborers, is develop- ing, union leaders are calmly accepting the situation and preparing to resist wage reductions,” according to a_state- ment by the Economic Research Bureau of the American Bond & Mortgage Co. “At this time, labor conditions in the building indu: throughout the coun- try are fairly quiet, and there is little bility of any important strikes or controversies hefore Spring. Tak- ing the situation as a whole, the pros- peets are bright for unusually stable Jabor conditions until April 1. “In endeavoring to foresee labor changes for the next year, it is apparent that, labor costs have been consistently mounting during the past 20 years, ex- rnm during the years of business de- rssfon in 1921 and 1922, when there i some downward and retarding moyement. “Data from the United States Bureau of Labor Statisties show that increases in the skilled irades ranged from 103 to 170 per cent, the largest gain being | made by the stone masons, with the penters a close second and the struc- ironworkers third. The wages of Amu:lmg laborers rose nearly 140 per cent “According to Government figures, the average hourly wages of the build ing unfon trades workers in 1927 was $1.323, as compared with $1.278 in 1926, which represents an average increase in the year of 4.5 cents. “Building trades unions are numeri- To Settle An Estate Two 9-Room and Bath Brick Houses will be sold at a price con- siderably below the market value. Houses to be com- pletely renovated to suit pur- chasers, Open From 2 to 6 P.M. SUNDAYS 1652 and 1654 Newton St. NW. 3 Norlhenl Best Home Value Positively the Best Buy in Town $6,950 Small Cash Payment 850 a Month ne 2 Al In l.m. 130 Feet Deen fuiit of the fineat m ntan 6 big rooms, “ile b It fixtures, lactric lights with attractive’ fixtures, hard Honrs, wide porches back and 1 S rar porches sereened in, model kite hox and sxpensive Fiendid ceilar with “wash any other faatures th built-in A, ete Sample Home 756 20th St. N.E. (Just North of Benning Road) Come out saturdas or Sunday. men all dav. You owe 1t to yourself to sea these homes before you buy! Howenstein Bros. i 7th & H Sts. N.E. Lincoln 897 SATURDAY, FEBRUARY 11, 1928. REAL ES cally and financlally stronger today than at any previous time in thelr his- tory, and a greater degree of harmony and co-operation exists among the va- rious organizations than ever before. ‘The membership of the building trades department of the American Federation of Labor has increased 26,000 in the lm Jyear, and today totals more than 000. Executives of unions have mr\rd notice on the building industry realtors and builders, ques tain scales at any cost.” Model Home Opened. tectural style, the firm of L. E. Breuninger & Sons, on Mornings .Every FIFTH ST. N.W. at GALLATIN Exhibit Home comfort that wage reductions are out of the on_and are determined to main- A model home in the Englisn archi- recently completed by TATE. ® 17 | drtve 1n Shepnerd Park, which was to have been piaced on display last week, was thrown open to the public today. Last week's heavy snowstorm caused postponement of the opening of the house, which has been furnished for the exhibition by W. & J. Sloane. Be- sides the large living room, dining }rrmm kitchen, breakfast nook and pan- try. the house contains five bedrooms, side two *1ths and servants’ quarters. “We Challenge Comparison’ proven feature that makes for convenience and is included in these Open and lighted until 9 P.M. Dunigan-built brick homes. Six large daylight rocms de- 5117 5th St. $8,950 Terms ' contemplate rent- like mcnthly payments and every effort is made to meet signed with a maximum of un- broken wall space permits pleasing arrangement of your furniture. Roomy closets and tiled baths with built-in tub and shower. Three large porches. Concrete street and Insulated with Celo- tex, assuring warmer hcmes alleys. the financial requirements of all responsible purchasers. with a decided saving in fuel. D. J. DUNIGAN, Inc. Main 1267 1319 N. Y. Ave. | CONNECTICUT AVENUE AT TILDEN STREET ‘NNOUNCING the first | public ehowmg of the second unit in Tilden ! Gardens, Washington’s magnificent country club devel- opment of seven imposing co- operative apartment home struc- tures. As was the case with its predecessor, it is anticipated this building will be entirely pur- chased before its completion— more especially as it is now bet- ter possible to visualize the ex- tensive garden treatment that will distinguish this colony of co-operative homes. A visit to Tilden Gardens is an education in the progress tm rard comfort, privacy, beauty, environment and economy this type of home has made in recent years and an explanation \ of its steadily in- creasing popularity umon;.r peo- ple of discriminating tastes. Inspection Cordially Welcomed Sundays or Week Davs from 10 1M, too PO & R. B. WARREN Pionver Washington Buidders of Cocoperative dpts. Connecticut Avenue at Tilden Street Phone Cleveland 6084 M. TSR R R RBBR RS 315 - 5 I IETH WL