Evening Star Newspaper, June 23, 1928, Page 20

CALLS AUTO VITAL FACTOR IN REALTY Author Tells National Con- vention Motors Wiil Con- tinue to Change Values. Bpecial Dispatch to The Star. | LOUISVILLE, Ky. June 23.—“The| automobile has done more to rearrange, | disrupt. spread out and relocate realty | values than any other element in the history of real estate in America,” ac- cording to Stanley L. McMichael of Cleveland, author of book on real estate subjects. But this influence, chiefly felt within the past decade, is only begin- ning to operate, Mr. McMichael told the National Association of Real Estate Boards here this week. The super highways which are being buiflt in many large cities, the double deck streets which are coming to Chi- cago and New York are simply evi- dences of what the automobile is doing to_real estate. But American cities need not be ap- palled at the cost of the great new | arteries which they must create to take | care of this increasing motor travel, Mr. Michael said. For a new automo- | bile highway should pay for itself inside of five vears by the new taxable values Demonstration house being erected in Kenwood in connection with the better homes demonstration sponsored by The which it will create. Streets that re- quire widening and extending should pay for themselves in the same way in & year or two, he declared. | “Changes Will Continue.” { “If we all knew ten years 8go as much about what the automobile was going to do to real estate many of us | ‘would now be millionaires. But millions are going to be made in real estate in | the next decade just as they were in | the pas Mr. McMichael said. “The | tremendous redistribution of land values which has followed the change in hab- its which the automobile has casioned “ will go on, and the wise investor will | take that into account. Here are some of the rules which this | suthority suggests as good onas for the | investor who wants to make money in | real estate: { 1. Watch for new street opening projects which will develop into new | main highways. Potential opportunities for new business lurk along their bor- de: . Keep your eye on strategic loca- tions in outlying_areas where main | highways cross. They may be mere country crossroads now. Five or ten years from now they may be business . centers, with land worth hundreds of opportunities for | rage garages in densely | ted areas, especially downtown in . See that land values are as low | as possible when building such struc- | tures and incorporate stores on the ground floor, if at all possible to do so. Pick rdinarily deep lots with rear -~ 000000000000000000000000000000. . In planning the erection of large | dings of ll;nnst any kind, pro- storage for cars. building homes, begin or four car jes now have two cars car must be left out'in 2 soon to | i B § i s SERIL BR *sfigiés&?fi gE gi te a place to park her car does her shopping for grocer- 8. Remember that certain types of rendering business, such as laun- dry cleaning establishments and re repairing concerns are now inter- ted in locations on automobile boule- ards. Patrons leave their goods on the | ay downtown and pick them up on the | 8tar, which is to be completed and ready for a month of public exhibition beginning September 16. The house is being comstructed by the Kennedy-Chamberlin Development Co. It is to be a large colonial of the style of the Jeffersonian period. It may be visited by all interested during its course of construction. Feminine Million-Dollar Realty Co. Now a Link in Local Business Chain the head of a Detroit real estate com- pany started her on the high road to success. Former G. 0. P. Leader Dies. BURLINGAME, Calif., June 23 (#). Moses A. Gunst, 75, millionaire to: bacco merchant and former Republican national committeeman from Califor nia, died at his home here today of heart disease. Washington ‘financial clrcles’ latest success sagas, has achieved wealth | feminine invasion is being led by Edith !hgush her real HM: op‘emlon hal Mac Cummings, real estate Operator of | g 515, JERTS, 880, S0 the story gogs, she | Detroit and Dearborn, Mich.,, who has Stock Exchange and said, “Number, opened oftices through her fiscal agents, | please.” in sweet tones for $16 a week. the Farmers Mortgage Bond Corpora- |In less than four years she was estab- | tion, at 1430 K street northwest |lished behind her own mahogany desk, | The Edith Mae Cummings Co., of |saying, “Sign on the dotted line.” in | which Mrs. Cummings is not only the just as sweet tones, for $1,000,000 a | nominal but actual president, has been | year. | very active recently in developing resi- | When her husband died in 1919, it is| dential districts of Dearborn—"the town | reported, he left her a legacy of two Henry Ford made famo dependent children, an_invalid mother Mrs. Cummings, whose sensational | and $1,000 insurance. But $2 remained ascent from a telephone switchboard to | after the last bill was paid. She secured the president’s office of her own mil- | work as a telephone operator. A news- lion-dollar company is ome of Detroit's ' paper advertisement for an assistant to i The Best in Home Value Six and Seven Rooms Plenty of Space Between Groups Built-in Garage Paved Alley in Refr Prices, $9,250 Up fom. i Exhibit Home—1330 Randolph St. N.E. Choice Location Facing Franciscan Monastery Charles M. Wallingsford Builder and Owner 1010 Vermont Ave. N.W. Waterproof— Fadeless— 'i | | ; | | | 0000000000000000000008 NEVER Main 2990 0000000066060 T R PRICED FOR IMMEDIATE SALE Near Two Car Lines, Stores, Churches, Schools, Etc. 5] 5723 NINTH ST. N.W. ever inspected, and dining gorch, gleaming tiled porches. RAPS DISMISSAL OF AGING WORKERS 'Secretary of Labor Calls Practice “Unsocial and Unsound” in Article. The growing practice of arbitrary discharge of workers when they reach & certain age, no matter what their skill |and their value to the industry, is un- social and, from an economic stand- {;0""' unsound, according to an article y the Secretary of Labor in the June issue of the Monthly Labor Review. The age limit beyond which a worker may not retain his employment is set in some plants at 50 and in other cases the limit is even lower. While there might have been some reason for this practice in former years when many occupations required great physical strength, with the present mechanization of industry and the con- sequent lightening of the physical tasks there seems to be no justification for the arbitrary discharge of workers at an age when through their acquired | skill and experience they should be of most value to their employer, he be- es With the infinite number of our_in- dustrial operations coming to be done by machinery ever more automatic and easier for human hands to run,” Sec- retary Davis says, “the reasons for fir- ing the older workers fade to almost nothing. Where machines do so much and the worker so little, the worker of 60 becomes as able as one of 20, with the added value of a tendency to stick to the jol An investigation by the Bureau of { Labor Statistics of the extent to which | apprenticeship is a factor in the build- | ing industry shows that while appren- | ticeship by formal indenture between | employer and boy is not widely prac- | ticed, practically _the same - SHADE Your Home With Dupont’s Tontine! Washable— Economical— Beautiful! Made § Measure [flith W. STOKES SAMMONS, Proprieter AGAIN ~—will you be able to select as perfect a home in as desirable a close-in location — at such modest prices. See These PARKSIDE Homes You'll find them the finest homes you've the price, $13,950, is far below their actual worth. Spacious living room, beautifully tinted walls, attractive bath, extra guests’ lavatories (upstairs and down), fully equipped kitchen, terrace Exhibit Home joint apprentice committees eomposed of emwen and workers ¢o-operating with 1 school boards under the Smith - Hughes vocational education act. The bureau study covered 19 representative cities in which 12,100 trainees were actually indentured or under some form of contractual obli- gation to learn one of the building crafts. A study of productivity in blast-fur- REAL ESTATE." naces in the United States at different lods from 1850 to 1925 shows that ¢ output per man per year increased from 25 tons in 1850 to 1,257 tons in 1925, the increase being practically con- tinuous except for the years immedi- ately affected by war conditions. Dur- ing this time the output increased more than 7,000 per cent, while the number of employes in the industry increased only 44 per cent. $25,000 Claimed for Injuries. Mabel Darte, 1520 Newton street, flled suit to recover $25,000 d-nuhn from the Independent Taxi Ownears' Association , for alleged personal inju< ries. She says she was struck by a cah of the corporation October 19 last at Fourteenth street and New York avenue and was injured. She is represented by’ Attorney James T. Crouch. end s | | achieved in a number of cities through | TP Q‘¢ > 4 o o SPEPPRT R T sazszaesder E EELTTTPTT FPPT PRI eTs Rerisiz 6315 Ridgewood Avenue Section *“4”—Chevy Chase, Md. Two Blocks West of Conn. Ave. at Thornapple Street, Turn Left A Mikkelson Built Home —Right in the Woods Restricted Section of New Properties Three New Brick Homes—$18,750 to $20,000 Six and seven room homes—3 and 4 bedrooms, each with two beautifully equipped tile baths—one and two car built-in arages. SPACIOUS ROOMS THROUGHOUT. Attractively andscaped lots 60x120. Amid a grove of rare old shade trees. e s o ) Open for Your Inspection All Day Sunday Schwab, Valk & Canby 1704 Connecticut Ave. Potomac 830 Wardman Headquarters for Homes and Apartments Fort Stevens Out Georgia Avenus to Woodley Park Out Connecticut Avenue to Tuckerman Street, then east one square to sample house, 709 Tuckermdn Street. —— A wide selection of five and six room semi-detached brick homes from $6,750 to $9,750. » Convenient to stores, schools, churches and new 20-acre Government Recreaticnal Park. ':‘;5; as low as 8352] cash l:fl a t - month, including Cathedral Avenue, them west one square to 28th Street. Sample House 2928 28th Street N. W, ——— From six rooms and two baths to ten rooms and four baths. All have built-in garages. Prices from $16,500 to $47,500. Attractive terms to desirable purchasers. Representative or the premises, TS NBULDNG CONTAE STABLE ssociated General Contrac- | tors Report No Change in Average Charges. Fronting on Improved Street—Paved Alley Large Modern Brick Home Many Features Covered concrete front porch, double rear porches, hardwood floors, hot-water heat, full tile bath, built-in tub, modern kitchen with latest equipment. Large rear yard to paved alley. Base. ment completely equipped with tubs, toilet, etc, Ample room, there being reception hall, six large bright rooms and glass-inclosed sleep- ing porch, l# OPEN ALL DAY SUNDAY Construction costs continue to retain | ‘e stability they have possessed since © opening of this year, according to stistics just complled by the Associated sneral Contractors of America. No ange in the average of these costs was dicated during May. A single level has been held singe arch, with only one change being ted since November. inds centrasted against 1802 Irving St. N.-W. Open every day until 9 P.M. Your Closest Inspection Invited WARDMAN B437K SETeet N. W, 1416 Eye : o St. N.W. Drive East on Madison St. from 16th St. or Georgia BEYOND COMPARISON Ave, to 9th St. then North one block to home, J. E. Doilglass Co. REALTORS 1621 K St. N.W. Charming Detached Homes $2,00 Underpced years. Comparative figures, the mber of fluctuations during the first e months of each year since 1920, fol- v: 1921, four; 1922, four; 1923, four; 24, three; 1925, one; 1926, four; 1927, ree. The average of construction costs for ¢ first five months of the current yesr %7 slightly below the average for the cor- | “‘l,,; sponding period of 1927, when & mark | 7 ctly e as high as that registered | § !T'.hc year 1913 was recorded. First Time Offered pal ntry has remained unchanged since cember. A scale which places the 3 average of wages at 100 as its s, shows the index figure for each th of the present year 1o be 226. prices of basic construction m now are showing much less in- | o rise or fall than in pre- | e change in the | ces has oocurred o French Manor House Ellicott Street—East of Conn. Avenue This distinctive home, with its steep roof, is quite a pleasant change from the usual stereotype styles of architecture. Its location is most delightful, on this exclusive street be- tween Connecticut Avenue and Rock Creek Park, adjacent to the estate of Dr. Charles W, Richardson. Situated on an irregular site having a combined frontage of 418 feet, this home has a commanding view in every direction. Corner of Ellicott Street and Linnean Avenue 1t_embodies all the facilities for comfortable living and entertaining. Center enteance hall plan, have ing a beautiful living room, library, tile lavatory, dining room, two pantries and kitchen with electrie ven. tilator. Four master bedrooms and two luxurious baths comprise the second floor. The attic, which has light from three exposures and a skylight, would make an ideal studio or game room. Servant's room and bath. Truly a beautiful home, complete with Silent Automatic oil burner, Frigidaire, Pryro gas incinerator and large two-car built-in garage. v SLY MOUSE IS GHOST OF YELLOWSTONE HOTEL lodent Coming in Contact With |t} Wire Rings Bell Regularly E at 6 PM TONE PARK, Wyo. (#) 5 y cold, raw, Winter | room 203 of the old | 2 would ring 6 o'clock & frightened caretakier made his way W room 203, only to find {{/} 704 Fern Street, Takoma Park, D. C. ’12,950 A Rare Bargain in a Brand-New Early American Home Chevy Chase Terrace $1 3’500 Overlooking Chevy Chase golf course, 15 minutes & from the heart of the city. Six large rooms, 3 spacious bedrooms, living room 16x24 ft., tiled bath with buil tub, shower and fixtures, tiled Unquestionably the biggest home value of the Artistic [ d season in the Takoma Park section, Log fireplace in living room, sunny dining room, spacious model kitchen, three bedrooms, tlled bath with built-in tub and shower, hot-water heat, hardwood floors throughout, extra lavatory in basement, garage. Very liberal terms to quick purchaser. ght kitchen and pantry. mple wardrobe h, garage, lot 50x132 ft., landsca h Terms to suit your convenience can be arranged. caretaker's earr u d not stand the spectral twi- | ight calls, and he fled the hotel in the | 2 sompany of a park photographer Those familiar with residential values will be amazed at the moderate price at which this home is offered! Drive out Conn. Ave., turn right on Ellicott St. Sunday Until Dark g, and the workers found th had made its nest in the wall of roum 203 over the wire leading Lo the > It had nibbled off the insulation 5 § NS Exhibit Home—4607 Norwood Drive Open hat every time It touched it the bell ghostly | 3775 d 10 the excellent character west to Wisconsin Avenue, south to Norwood Drive; or motor out Wisconsin Avenue to Norwood Drive. v 7 ' S Owners and Builders of Communities T Drive out Connecticut Avenue to Bradley Lane, % The regularity of the roden s explanation has not en- | 1 the evil reputation of iatives, park rangersand | 550, wral park employes have heldgor "44);3 29 yeurs to their belief in the * \ Demolition of the building this Spring, , & bowever, 15 expected 1o lay the ghost § fgroves, REALTORS 3 K STREET < MAIN 10! HEDGES & MIDDLETON, INC. Realtors » 1412 Eye St. N.W. i ——————— et - o>