Evening Star Newspaper, November 10, 1928, Page 28

B3 %' TRIITY REALTORS NEET ERE DEL Conference Also Will Em- brace Business in Philadel- phia and New York. ‘REAT Plans for the first day's session of the “tri-city” Fall meeting of the co- operative apartment division of the National Association of Real Boards, to be held here December 3. are being completed by R. Bates War- ren, chairman of the division, who is a member of the local realty board. More than 175 co-operative apart- ment developers from over the United States are expected to gather for the opening session of the con- f-rcnce, procoeding to Philadelphia De- cemb{;ir :ulor the . secon y's ses- B Bates Warfeh. gion, then to New York for a busincss session December 5, and concluding with a tour of New York co-operative apartment and busi- ness buildings D2cember 6. While in Washington the delegates will make an inspection tour of co- operative apartment and business build- ings in Washington, the Medical Sci- ence Building and the Printcraft Build- ing. Beresford Will Speak. ‘Trends in apartment construction will be outlined by Robert F. Beresford, past chairman of the local chapter of the American Institute of Architects, as principal speaker at a dinner meeting here at the Mayflower Hotel the eve- ning of December 3. A round-table discussion of the busi- ness outlook in the co-operative field will be a feature of the dinner meeting in Washington. Tenant-owned structures represent- ing a total valuation of more than $45,000,000 will be inspected by the co- operative specialists during the “tri- city” sessions. Swiming Pool. A swimming pool with a roll-top roof, so that both outdoor and indoor swim- ming may be enjoyed in it, is a feature of one of the tenant-owned apartment buildings to be visited by the co-oper- ative apartment specialists. This build- ing, in Philadelphia, gives its tenant- owners also a co-operatively owned ga- rege accommodating 250 cars, reached by an inside passage from the apart- ment structure. The whole group of three developments of which this is a part represents a total selling price of about $10,000,000. Structures included in the tour range from a $300,000 building so designed as [ Mi to cut away all the cost of unnecessary 1rills to a structure on New York’s fav- ored apartment avenue in which a sin- gle apartment unit sold recently for close to $1,000,000. Speakers at the New York meeting will include Ruford D. Franklin, New York; Lawrence E. Jones, Philadelphia; F. A. McNally, Chicago; Walter C. Lusher, New York; Frank J. O'Brien, Chicago; Albert W. Swayne, Chicago; Irvin A. Blietz, Chicago, chairman-elect ESTATE, | theaters to be next door to moving | picture t | with a g: | an area increases urban realty values, Estate | says the National Association of Real | Estate Boards in an educational article released today. “Maximum land values arise in areas where property is used for similar pur- poses and the competition of busines does not make rival organizations seek widely separated locations,” says the association. “Business does better wedged against its competitor than off by itself and rival organizations like to get their mail at the same address. The growth of retail centers, financial districts and home areas in cities throughout the country has resulted in higher ground values than could possibly have oc- curred had factories, stores and homes been jumbled together. “Real _estate values do not just ‘hap- pen.’ Behind all values are certain causes and the high figures that are quoted for preferred industrial, com- mercial and residential sites are brought about because people have found it more profitable to do business next door to a competitor and more pleasant to live next door to a family in the same cir- cumstances. “Industry and commerce and special- ized business that compete fiercely over the counter and stalk each other’s pros- pects, rush to secure locations on the same street or in the same building. This situation is due to the fact that such concentration permits of advan- tages that could not be secured in scat- tered locations. Grouping Aids Industries. “The grouping of manufacturers to whom transportation is an important factor in securing supplies or in dis- tributing products in a reglon devoted largely or wholly to industry often makes it possible for the district to have railroad switch track service that would not be made available by the railroad companies for one small iso- lated industry. “In all great cities the financial or- ganizations tend to center in one part of the business district. Retail stores and specialty shops crowd together. ‘Automobile row’ is found in many places. “The same tendency to grouping that is true in the central business district is found just as truly in the outlying business sections. This concentration is not the result of accident. All of these — of the division, and Miss Geneve A. Shaffer, San Francisco. Ernest .M. Fisher, associate professor of real estate at the University of ichigan, wil discuss the essence of co- op;‘ntlvae:ellln%m s, rge , consultant upon some of the largest co-operative ‘up&. ment projects of New York, will adrdess them there. She will bring out the pos- sibility that exists in roof gardens and backyard gardens for skyscraper apart- ment owners, and will show colored slides illustrating the magic created in the new New York through garden ?eots created on apartment roofs or hid- n in apartment courts. that of Rock Creek Park, Hills, —rolling hills covered See what Forest Hil Reached via Conn. Ave,, thence to Forest Hills, 1412 Ege St. NW. Have You Forest BHills Wooded Home Sites Not a city in the United States possesses a natural Government-controlled park area equal to ment enjoys the multiple advantages of Forest Forest Hills is just what is implied by its name trees—streets differently laid out, following the natural contour of the land, thus departing from the ordinary development. beautiful sites available—of various sizes. Our representative will be glad to you any time this Sunday. » turn right on Albemarle St. 2o Forest Hills, or you can go through Rock Creek P via Beech Drive, then turn into Broad Branch Hedges & Middletofi. Inc Realtors Seen .., and not another develop- with century-old forest lls has to offer—several point them out te k R Franklin 9503 i oo onss? Hidden away in the quiet and seclusion of a delightful little byway minutes walk from (but only two or three Chevy Chase cars and coaches), this new residence combines the ut- most in modern utility refinement. fortable for two. -« From Connecticut Ave. north of Chevy Chase Club), with rare distinction and Roomy enough for six or seven, com- and Rosemary St. (two blocks drive northwest on Meadow Lane about one block and turn right on Woodside Place. (No. 6320.) Lee D. Latimer Company (or your own broker) 736 Investment Bldg. Main 4146 15th & K Sts. N.W. ters and for one bungalow | garden to look out on an- | PROPERTY USED FOR SIMILAR PURPOSES ENHANCES ITS VALUE Business Does Better When Wedged To- gether—Urban Realty Rises When Homes of Same Class Assemble. It is beneficial for moving picture | interests have taken the same address | otier bungalow with a gay garden. be- | values to surrounding influences can | cause the stmilar use of the land In | pardly be over emphasize THE 'EVENING CHINA'S NATIONAL SPIRIT WORLD AID Thomas W. Lamont Sees In- ternational Peace Promoted in Reconciling Factions. because it pays them to do so. “The sensitiveness of all | By the Associated Press. realty | of a national spirit in China is not a | menace, but an aid to world peace, | Thomas W. Lamont, international bank- er, sald last night at’ the fourteenth annual dinner of the China Society of America in the Hotel Plaza. The Chinese, he said, are a peace- ful people, who ask from foreign po ers only justice, in- cluding an_intelli- geit, sympathetic understanding of China’s sltuation. Other speakers § included Sao-Ke Alfred Sve, Chi- nese Minister to and the highest values for home sites generally are found where there are no detract- ing factors and where every feature contributes something to make the sec- tion more desirable from a residential standpoint. This is another example of the value of similar use of land in a given area, for it is the use of resi- dential property as residential prop- erty and for no other purpose that con- serves to the full its value as such property. “The presence of factories, stores, or warehouses in a residential section breaks the continuity of similar use and makes it impossible for the land to reach its highest possible residential value. An inherent love of beauty has made most families dislike to see their workshops on the edge of their front yards, and in places where such en- croachment occurs residential land values are lowered. “Of course, it is necessary for all residential areas to be serviced by shops, schools, garages, laundries, etc., but values are highest in sections where these structures are removed from the home sites without rendering them inaccessible. But it is not enough for all the homes to be grouped to- gether. Highest values arise where homes of the same general cost level are confined to similar districts. “Zoning is an effort on the part of cities or counties to protect tle in- terests of the business man and the home owner so each may realize the highest possible values from his land. For, although the tendencies described above toward grouping according 'to similar use are very definite, tendencies there are people who from motives of self interest would oppose this natural tendency, if zoning laws and restrictions did not operate to protect the general interest of the property owners of the area as a whole.” Thomas W. Lamont. cial envoy, and Yu Chuen James Yen, general director of the Chinese N tional Association of the Mass Educa- tion movement. While Sze spoke for the abolition of extraterritorfal rights and ending of vested rights of foreign nations in China, which he said handicapped the new National - government, Lamont voiced the hope that the Chinese govern- ment would not press for abolition of extraterritorial rights. “We are all agreed,” he said, “that at the earliest date possible China should have all rights pertaining to sovereignty, including this one. But there is' doubt whether as yet there have ‘been establithed local courts capable of taking up the work of the tribunals which it is proposed to super- sede and abolish.” China’s ‘great immediate problems, Lamont said, are reconciliation of op- posing factions, demobilization of armies and general reconstruction. JAMESON-BUILT HOMES Inspect At Once SAMPLE HOUSE, 919 QUINCY ST. N.W. Reasonable Price—Easy Terms 6 and 7 large rooms, h.w.h,, electric lights, hardwood floors and trim. One-piece sink, tiled bath, built-in tub, built-in ice box and other extras. Double rear porches, wide front porch, deep lot to wide alley. “Ask the Man Who Owns One” Built, Owned and for Sale by Thomas A. Jameson Co. Owners and Builders 906 N. Y. Ave. N.W. Phone Main 5526 HIS attractive all-brick residence of 6 rooms, T? baths and garage cannot be duplicated at the price we are offering it. It is easily the most outstanding buy in'homes today. Come out Sunday and see this fine home. Your courtesy will not. be imposed upon in any way and you will not be made to feel that you are under any obligations. Breuninger-built homes of original design are daily under construction in Shepherd Park—your inspecdon always invited. Over 80 Homes Sold in Shepherd Park To Reach Property Drive out 16th St. to Alaska Ave., to Hem- lock St.: turn left on Hemlock St. to house. & PBreuninger S Sons 706 Colorado Bldg. Main 6140 Buiiders of the "Original” Breuninger Homes Builders—Realtors STAR, . WASHINGTON. D. C. NEW YORK, November 10.—The rise | “BIG TEN” ALUMNI IN CITY HEAR YOST | Wolverine Coach Principal Speaker at Dinner—Sees Tech- Central Game. “Hurry Up” Yost, famous Wolverine coach, who arrived in Washington yes- dinner, held at the Mayflower Hotel last night, attended by th> alumni of several “Big Ten” universities who have joined the local alumni of the University of Michigan in attending the annual Michigan-Navy foot ball game at Baltimore this afternoon. Other speakers at the “get-together” dinner were Clarence Cook Little, pres dent of the University of *Michigai E. J. Ottaway, president of the Michi- gan Alumni Association, and Regents Junius E. Beale, William Clements and James O. Murfin, the latter acting as toastmaster. While in Washington yesterday, Yost attended the Tech-Central game at Central Stadium. Central is_coached by “Hap” Hardell, a former Michigan athlete, and the game was refereed by Paul Magoffin, Yost. The local representatives of the “Big Ten” are Gertrude Van Hoesen of Chi- cago, Karl Hoffman of Iowa, R. W. Dunlop of Chio State, James A. Rober son of Wisconsin, R. L. Jarnegin of Tllinois, Judge Isaac Hitt of Illinois and J. M. Albertson of Purdue. The Michigan Club .committee in- cludes Col. D. P. Quinlan, chairma Dr. Mark Finley, Alfred T. Newbold, Herman Schmidt, Henry Ravenel and Norman C. Damon. An Exclusive Wisconsin Ave. A location where future built. Open and Lighted 'til 9 To Inspect—Drive out Conn. A Builder Main 36 shade trees. Large livi place, beautiful arch home at an unheard-of Ave., then east on Qu 1621 K St. N.W. SATURDAY. NOVEMBER 10, terday, was the principal speaker at a | who was coached by |§ 36th and Venzey Sb. NW. $12.250 CHEVY CHASE, b. C. 3413 Quesad Charming—Individual OF attractive English Cottage Design, situated on a large well landscaped lot with fine old 1928.° | BINGHAM AND KIESS TO VISIT PORTO RICO | Insular Committee Chairmen to Investigate Hurricane After- math Conditions. By the Associated Press. Chairman Bingham of the Senate committee on territories and insular af- fairs, and Chairman Kiess of the House insular committee, will make a trip to Porto Rico for an investigation of con- ditions there following the hurricane They were invited to make the sur- vey at _the request of Gov. Towner of | Porto Rico. Senator Bingham sailed yesterday from New York, and Representative Kiess will leave for the next week. Their investigation is u dezstood to be preliminary to consi sration of proposed legisla hurricane damage. | Saul Bzilding 925 15th St. N.W. Several desirable rooms at very reasonable rents, In- spection invited. 2 rooms, $52.50 B. F. SAUL CO. Main 2100 925 15th St. N.W. In North Cleveland parl( Neighborhood Between Two Main T}lorquglzfares and Conn. Ave. values are assured. Adjacent to Bureau of Standards and the Thome Estate. Real Values English Cottage Type Homes—eight rooms, bath with shower and extra lavatory, semi-detached brick, artistically Homes of superior construction. Sample House 3614 Veazey St. P. M. Daily and Sunday You will marvel at the features ve. to Bureau of Standards, West 2 Blocks on Pierce Mill Road CHAS. D. SAGER Realtor Owner 924 14th St. N.W. a St. ing room with open - to dining room, mle kitchen, full tiled bath, detached garage—a real price. OPEN SUNPAY UNTW. 9 P.M. Drive out Conn. Ave. and turn off Circle at Western esada one block to home. 3. €. Douglass Co. Realtors-Builders Franklin 3678 ! THREAT CASE DISMISSED lief of Porto Rico on account of thcl XEAT ESTX | been finished when the case first came to court Judge McMahon ordered a AFTER COURT HEARING_‘gmlm's continuance to give both es an opportunity to show they | could live peacefully. of | Yesterday Hester reported Grasso had | been making faces at his daughter in the intervening time, but the court held no breach of the peace seemed likely, and acquitted Grasso. The first time the case was heard court proceedings were interrupted 10 minutes while attendants tried to quiet Grasso's 14-month-old son, who was brought into court by his mother, and Suit Arising Over Building Home Annex Is Dropped by Police Judge. A charge of threats brought against Anthony Grasso of 1820 Rhode Island, avenue northeast by his next-door | ! ismissed in Police Court neglite N refused to stop crying when ' Mrs. esterday by Judge John P. McMahon. | Fefused Y reliminary. hearing of the case last | OTasso attempted to festity. o month developed that the troubls be- | m"“""‘“ d""h“ J. Sirica appeared for tween Grasso and Addison R. Hester, | the accused. the complainant, arose over the build- —e— ing of an annex to the Hester home.| Texas University As the construction work had already ' 42,000. Stadium seats < AN ATTRACTIVE NEW DTACHED BRICK HOME which is priced far lower than other homes in this most convenient section of Chevy Chase, D. C. 3602 MORRISON STREET N.W. Only 1% squares East of Connecticut Avenue. Near schools, stores, churches and transportation. 7 Rooms—Unusually Fine Equipment Certainly, if you are anxious to own your own home in a neighborhood of increasing value and convenience, you can't help but recognize the unusual merit in this fine Colonial Residence—beautifully planned, large sunny rooms, open fireplace, tile kitchen with complete equipment—pantry with built-in refrigerator, rear porch, sunroom, 3 pleasant bedrooms, tile bath, extra-fine plumb- ing, built-in bath tub with shower, many closets, lavatory in basement—absolutely modern. BUILT-IN GARAGE $12.950 ATTRACTIVE TERMS Open Sunday For Inspection Ezclusive Agents and Realtors 1435 K Street Main 2345 NEW detached brick residence in Chevy Chase, D. C.—one square west of Connecticut Ave- nue—offered for the first time. Nine rooms, three baths, first floor lavatory, oil burner, Frigid- aire, pantry, breakfast room, ornamental stone fireplace in ]iving room, stippled wa”s. lead- ed windows, immense covered rear porch, finished attic over entire house with large cedar storage closet. Two-car garage. Lot 150 ft. deep with twelve large shade trees—a beautiful setting. This is an exceptional buy at the VERY REASONABLE PRICE we are authorized to quote. Owner will consider ex- change for smaller house. DO NOT FAIL TO INSPECT 5431 39TH ST. SUNDAY INY, INC. ansfiulny' 1418 Bye St. N.W. Exclusive Agents Main 3004