Evening Star Newspaper, May 25, 1929, Page 17

REAL ESTATE.' TYHE EVENING STAR. WASHINGTON. D. ©C. SATURDAY. MAY 23 1929 $EAE ESTATE, big CONTRACTORS HIT UNETHEALBUYIG Association Calls Many Cur- rent Policies as Ruinous to the Industry. Building contractors, representing an annual aggregate buying power of ap- proximately $3,000,000,000, meeting quietly at Cleveland recently, took steps | toward the elimination of unethical buying practices in the building indus- try, according to an announcement by the Associated General Contractors of | America. Characterizing many of the current| policies of both sellers and buyers of building materials and services as ruin- | ous to the industry, as well as detri- mental to the public, the conference called by the Allied Construction Indus- tries’ Committee laid plans for the Nation-wide establishment of standard credit policies, aimed to relieve the in- dustry of the tremendous burden of bad accounts, which, were as injurious to legitimate con-| tractor buyers as to sellers. Compilations of itemized bad ac- counts in Detroit alone reveal $4,000,- 000 in unpaid balances owed by con- tractors, snnounced George B. Wal-| bridge, general contractor of that city,| who is cheirman of the national allied committee, and who heads the credit rehabilitation bureau there. 1 This figure, claimed Mr. Walbridge, | by no means represents the total of overdue accounts in the Detroit indus- try, it being estimated that an overdue total of $20,000,000 can be found there. | Similar estimates were presented from other cities where the plan for stabil- izing credit in the construction industry has made progress. 1t was reported by Danjel W. Cauley, manager of the Oleveland branch of the National Asso-| ciation of Credit Men, that he had data| proving the annual loss in bad accounts amounted to $1,000,000 in his city s1-) nually because of loose credit practices, which can be remedied through the plan being applied elsewhere. The credit stabilization plan. sald to represent the first move ever made by buyers to insist that sellers stiffen up their credit terms, was reported as un- | der development in 20 eities. Plans were laid to immediately extend the! plan to an additional score of com- munities and to accelerate the work already started. The contractors, representing 13 na- tional associations of general and sub- contractors, likewise formulated stand- ard rules of fair practice aimed to| iminate unfair backcharges against | subcontractors, the peddling and cutting of bids by buyers and sellers, forced ac- | ceptance of designated insurance car- riers and other matters involving ethi- cal business relationships. | Plans were laid to hold a trade prac- tice conference with the Federal Trade Commission in order that formulation and enforcement of these and addi- tional rules of fair practice may be| made effectively. | Dr. Smith to Address Grr-adnnte:‘ ‘ Dr. Harvey Baker Smith, pastor of the Columbis Heights Christian Church, will deliver the annual class address to the graduating class of the Round Hill ;;Il High School the evening of May | it was claimed, | th! TRACY PLACE DWELLING SOLD I arles S It Stone N. Sansbury Co., by Col. the firm of Sandoz, Inc. 10 rooms. ers, L roug] contains detached house at 2320 Tracy place recently purchased from the build- is. the use, height and area of buildings Sanderson, United States Marine Corps, s completed about two months ago and SPECIA LIZED WORK THEME | FOR BUILDERS' JUNE PARLE The twenty-second annual convention of the National Association of Build- ing Owners and Managers, to be held in Montreal June 10 to 14, will be featured by the presentation of studies made following & year of rescorch work in various specialized fields of the com- mercial building busin ‘The reports will be submitted at a serles of group conferences to be held Tuesdey and Thursday mornings of the convention week. The first conference to be held will be on “Individual Occupancy Utility Buildings” where men who manage the great telephone buildings, power com- pany buildings and railroad buildings will have an opportunity to discuss the problems that are peculiar to their type of tenancy. The conference will be presided over by George N. Butz who manages the new Bell Telephone Build- ing, one of New York's largest struc- tures. The subject of another group confer- tive recent origin, but which has been growing in importance each year, ac- cording to Capt. M. W. Mcin Cincinnati, who will preside at the con- ference. With rapldly growing conges- tion of city streets and with constantly increasing restrictions on parking, the skyscraper men have been devoting con- siderable study to downtown garages and other terminal facilities for auto- mobile transportation in recent year: Capt. McIntyre has made an exhau: tive study of the problem and will sub- mit his report at the conference. On Thursday morning two other con- ferences will be held, one for the dis- cussion of “Medical Buildings” and the other on sround Floor Stores.” Alfred C. Kennedy of Omaha will pre- side at the “Medical Buildings” con- ference, at which this comparatively new type of building. designed for the peculiar requirements of doctors, de Exhibit Home—4116 13th Place N.E. $8.975 Up Reasonable Terms High Above the Capitol Six and Seven Rooms Built-in Garage The Best Materials, Workmanship and Finish An Inspection Will Convince You of Their Merst CHARLES M. WALLINGSFORD DER & OWNER 1010 Vermont Ave. N.-W. Lot 50x200 in Cleveland Park EXHIBIT HOUSE, 3060 t. N.W. Porter (Open and lighted daily until 9:00 P.M.) FIRST FLOOR—Reception H all, Living and Dining Rooms, Sun Parlor and Large Pantry. SECOND FLOOR—Master B edroom and bath, two bed- rooms communicating with bath and a child’s room. Large Closets. Brick Construction, Slate Heating 923 15th St. NW. CYRUS JIMMON Roof and Latest Type System. National 1022 tists and X-ray and research labora tories, will be discussed. | The report on “Ground Floor Stores.” | covering the most valuable space in | downtown buildings, will be made by | Andrew Steers of Seattle. who has made an exhaustive study of the renting and operating of ground floor space, going into percentage rental leases, tax par- ticipation, the effect of the chain store movement on rentals and numberless other aspects of the problem In addition to these group confer- ences a luncheon has been scheduled | for Tuesday noon, at which the own- ers of skyscrapers from all parts of the | North American Continent have been invited. C. F. Palmer, head of Palmer, | Inc, owners and managers of many | Atlanta buildings, and vice president of | the National Association of Building | Owners and Managers, will preside at | the meeting. Col. Royal S. Ewing of | Ewing & Ewing, Montreal, will be in charge of local arrangements for the | owners’ conference. DETACHED—STONE HOME $14,50 Open 1347 Montague Street N.W. Lot 50x13215, 35-Ft. Concrete Front Porch Wonderfully_constructed with heavy, thick blue-granite walls, which means th he mer. Reme, its € bed- 9 ROOMS 2 BATHS MODERN in the Winter and coolness in 3 Sauare feet of ground It makes te conerete front porch, lined 317 Woodward Bldg. m a real sul n h with flower boxes, is EASY TERMS PAUL MAGOFFIN Exclusive Agent MANY CITIES ADOPT ZONING REGULATIONS Number Increased Slowly Up to| 1920, but Progress Has Been i Rapid Since. Citles. towns and villages in all sec- tions of the United States, with a total population of 37,000,000, have enacted zoning regulations, s survey just completed by the division of bufld- ing and housing of the Department of | Commerce reveals. ‘The survey shows the extent to which the municipal zoning idea has spread in recent years. In 1916 such regula- tions were in force in only elght citles The number increased slowly up to 1920, after which the progress was rapid During 1928, 87 municipalities passed zoning ordinances, while 101 either | adopted more comprehensive zoning laws or amended existing regulations || to make them more effective. An | analysis of the 87 new zoning ordi- nances which were passed shows that 44 of them were comprehensive—that were regulated. Twenty-seven merely controlled the use of buildings. Seven controlled the use and area of bulld- ings, and two were temporary enact- ments pending the preparation of zon- ing laws to suit the local requirement. New York led in the number of mu- nicipalities zoned during 1928, with 23 citles, towns and villages. Ohio and Pennsylvania tied for second piace | with six each. Youngstown, Ohio; Waterbury, Cann., and Altoona, Pa., were three of the largest cities which adopted zoning regulations during the | year. Price Exaggeration Hit. Exaggerating and misrepresenting to newspapers the sale price of & piece of property is emphatically condemned by the Van Nuys, Calif., Realty Board in a resolution adopted at its latest meet- ing. 'The board further resolved to lend its influence against any report- ing whatsoever of exaggerated or erroneous prices. According to the National Association of Real Estate Boards, the Van Nuys section is the fourth recent example of an effort on the part of realtors to end misrepresentation of sales prices by brokers to newspapers. ‘The New Orleans Real Estate Board. the Ohio Board of Real Estate Examiners, and the Toronto, Canada, Real Estate Board | announced similar policies not long ago. NEAR 16TH ST. THE RESERVOIR ROCK CREEK PARK Phone M. Mipsley $13,950 4425 Lowell St. N.W. of every descrifit{on. 1412 Eye St. N.W. This comparatively new two-story de- tached residence should strongly appeal to the family of moderate income who appre- ciates an environment of quality. construction, modern in every respect— wonderful grounds, 50x150, with flowers Reached via Cathedral Ave. to 44th St, turn right two squares to Lowell St. OPEN SUNDAY ALL DAY HEDPGES & MIDDLETON, INC. SURVEY SHOWS DECREASE% IN USE OF HOTEL ROOMS Investors Warned Not to Aid in Building Until Success Is Assured. ificant figures on the present tatus of the hotel industry are re- vealed in the completed survey of the industry just made public by the En- gineering-Economics Foundation of Boston, Mass. The unbiased report of this research | foundation shows that the percentage of hotel rooms occupied has declined | from 85.5 per cent in 1920 to 67.7 per cent in 1928, Rental of 70 to 75 per cent of the rooms is necessary for profit, the survey states. ‘The foundation studies of hotel lia- bilitles show that the annual labilities | for faflure jumped from $2,234.104 nine | years ago to $13,153, 899 in 1928, ‘The statistics indicate that hotel rates have not increased materially | since 1921, while the percentage of | room Tentals has steadily decreased. At_the same_time, hotel bullding and | BARGAIN in BEAUTIFUL TRINIDAD 1249 Owen N.E. Open Every Day and Evening Six rooms and bath, built-in garage, sleeping porch, breakfast porech. New, with all modern conveniences. Gruver Built Thrift Building Co. Union Trust Bldg. Main 6799 Or Any Broker fivinhts Shingle Franklin 9503 Geoy’getoum Close to Western High Schoo! 370 R Street ‘W. Corner Brick Residence—Southern Exposure Center-Hall Plan A lovely home that is offered at a moderate price and MUST BE SOLD. Attractive living room with freplace and built-in book shelves: roomy, cheerful dining room, screened breakfast porch, master bedroom, two additional sleeping rooms, tile bath with shower, huge sleeping fporch. Complete in every modern convenience, including brick garage. Beautifully landscaped lot, 100-foot frone- age. This home offers numerous features and many spe- cial attractions—at the price not afford to overlook such might particularly interest an Open Sunday, 11 to 6 and liberal terms—you can- an unusual opportunity. It Army or Navy offcer. Schwab, Valk & Canby 1704 Conn. Ave. Pot. 830 o&efi‘lflnl costs have increarsed mate- |of Commerce and the investins rially. | vestment bankers, realtors, to establish whether or not there 18 an opportunity for the financial suc- cess of such hotels. public hotels, in- |are warned not to aid in bullding new Chambers | hotels until definite surveys are made Promoters of new Announcing Aurora HlllS Development CO.. Inc. Comprising E. A. Morse and G. G. Rigely. for the purpose of developing Sec- tion Two of Aurora Hills . . . the Virginia suburb that is nearer downtown Wuh;ngmn than many parts of the District of Columbia. URORA HILLS is one of Greater Washington's most beauti- ful communities, with fine streets, sidewalks, electricity, water, ornamental street lights, nearby schools and churches. Section Two of Aurora Hills is highly restricted for all time. The Aurora Hills Development Company is now beginning the construc- tion of a number of pleasing English and Colonial type homes in Section Two. built of brick, stone and stucco, to range in price from $9.000 to $15.000. Aurora Hills is particularly convenient as a residence location for those in Gov- ernment Service whose offices will be in the new group of Federal Buildings under An through the most beautiful park section construction. eight - minute ride of Washington, and across the new memo- rial bridge, will enable the resident of 2 Aurora Hills to reach home without the i ==. Hin usual traffic annoyances. Aurora Hills Development Co.. Inc. 200 Arlington Ridge AURORA HILLS, VA. This Modern Exhibit Home Furnished by W. B. Moses & Son Reflects Your Fondest Will You Find Modern Homes Planned for Real Living —Featured at Ideals of Tree-Framed Beauty, Modern Conven- ience and Solid Comfort The heart of this early Mary- land home is its full-length living room with large log- burning fireplace. $9250 t0 37 4500 Twenty.Five Minutes from the Financial District by Way of Sixteenth Street The large, light chambers afford plenty of fresh air and golden sunshine. Many windows provide charming views of Sligo Park and Maryland’s wood- ed hills. On a large veranda one may the thermometer while enjoying cool breezes in a soft-cushioned chair. forget Every woman who sees the large, modern kitchen says “Wonderful!” The quaint garage is a rep- lica of a Colonial lodge house. 25 minutes from Washington's torrid business district . . then home, sweet home, and the cool fern-banked otreams of Sligo Park Hills. 16th Street busses direct to entrance. Every homesite terraced by nature, high and wide. . there is no sense of restriction in Sligo Park Hills. Winding paved streets follow natural contour of hills and valleys, providing a refreshing relief from monot- onous city streets. Bronzed. rugged children and safety for them . . . what a thought for anxious parents! Trees of many kinds . . . oak, maple, poplar, dogwood, hickory . . . shelter your home lmi(“ par‘l‘(lipke I\elu{w. e Choice homesites (70 feet or wider) as low as $1,250. Make a small cash deposit, pay balance out of income. Many other features will merit your approval and prompt ship. DIRECTIONS: desire for owner- E. BROOKE LEE, President Drive out Sixteenth Strest to Alaska Avenue and District Line: waich for large Sligo Park Hills sign; turn right &t this point—{ollowing arrows. Sales Ofice, 7900 Georgia Aventie; Shepherd 2400,