Evening Star Newspaper, June 1, 1929, Page 19

REAT ‘ESTATE.' THE EVENING STAR, WASHINGTON. D. €, SATURDAY, JUNE T,- 1929.% REAL ES TATET 19 - e " WHOLESALE PRICES DROP DURING WEEK Dealers at D. C. Market Re- port Quiet Business and Large Receipts. A somewhat unsatisfactory week was a pound, the choicest Mississippi crab- experienced by many wholesalers. Bus ness has not been particularly brisk at any time during the 6-day period. according to reports, and receipts of | of the soft ones coming on the full of many commodities were so far in excess moon, of demands, it is stated, that returns for some commodities, especially fruits, probably failed to fully settle expre: | quantities that prices were forced | down to around $4 a barrel, reminder |of the days when free crab feasts | were offered patrons of local restau- rants in efforts to boost trade. “With the price at $4¢ a barrel and prospects of even lower prices” ob- served a dealer, “it looks very much as if crab feasts will again become popu- lar, possibly not so much in restau- { rants as in private homes.” Soft _crabs also have been plentiful nd cheap, the small stock selling round cents a dozen, the larges |ones bringing $1 or more a dozen Many of the soft crabs received this | week were not so large, but dealers say they usually are better than many of the larger crabs, Crabmeat also has been plentiful | and cheap, selling as low as 35 cents a a meat. from Biloxi shippers selling at 60 | cents. Crabs usually get plentiful and cheap the latter part of May, the glut Trout, croakers and spots have been | received in exceptionally large quanti- | ties this week, and dealers gladly ac- | leader of " the charges. | cepted 5 cents a pound for them, the This was particularly true of Te-|jow price of trout being only for the | ‘eeipts of peaches from the South, the|small fish. Larger trout were quoted fruit having been shipped in ordinary|most of the week at 10 cents. Netters cars not equipped with refrigerators, | say small trout have been exceptionally reaching here in such poor condition | plentiful this season, receipts being so that dealers were unable to dispose of | heavy at times that boatmen were will them at any price. R |ing to accept almost any offer for| Recelpts of berries continued heavy, | . | many of the strawberries being hom grown, the huckleberries and blac Shad Season Closes. berries coming from the South, many| Season for shad and herring closed from North Carolina and Virginia. The ! yesterday. Officials in charge of en- Past two days dealers received increased | forcement of the law, however, permit quantities of cherries, some homegrown, | dealers 10 days in which to get rid of | boosting the fruit market and {orcing |supplies on hand. It is deemed rea- | «down prices. sonably certain that consumers will be Homegrown vegetables of several va-|able to get shad until the expiration rieties are virtually supplying the|of the 10 days of grace. Herring prob- | market, although shipped-in supplies ably will be off the market early ne: continue to come from distant points. | week. | Increased receipts of lima beans, string | Dealers say they have had a good beans and peas resulted in lower prices | shad season, catches having been large of the three popular vegetables and | enough to keep plentiful supplies in increased sales. the local markets throughout the sea- son. Roe shad were to be had this Y . morning for 20 cents a pound, bucks | Tncreased receipts of poultry this|selling at 12!, cents. Shad roe also| week resulted in slightly decreased has been more plentiful this season, a | prices and greater demand, especially for Spring chickens. The demand for the springers for the Decoration day holiday showed a decided increase, many persons wanting them to take on holiday outings. An_ easing of the egg market was reported during the week, receipts show- ing a slight increase with no corre- sponding increase in demands. Prices were slightly changed. The butter market continued firm and practically unchanged throughout the week, prices today being about the same as prices a week ago. Municipal Fish Market this week claimed much attention of buyers, low * prices of most marine products, it is stated, appealing to buyers and en- abling them to reduce the cost of living. Decoration day holiday had its ef- fect upon trading, early closing of the retail markets naturally having some bearing upon the wholesale trade. Full recovery from the interruption was re- ported yesterday. however, and busi- ness was again normal. ‘Retailers were on hand early this morning_getting supplies for the day and week end trade, and wholesalers were more than able to meet all de- marids. Retailers found it more sat- isfactory to do their trading during the cool of the morning, rather than later in the day. Prices today were substan- tially the same as those quoted yes- terday, Today’s Wholesale Prices—Jobbers” Prices Slightly Higher. ‘Butter—One-pound _prints, tub, 43a44; store ked, 30. Heflnerymfi!!: fresh selected, 33a34; current receipts, 31. Poultry, alive—Turkeys, hens, 30a32; toms, 25a26; Spring chickens, small, , 42a43; horns, 35 44a45; , 35a40; Spring chickens, 48a 50; Leghorns, 40a45; fowls, 38a40; Leghorns, 34a35; ducks, 32a33; keats 0a1.00. fresh killed—Beef, ; lamb, 30a32; poi ders, 18alf i shoull Sm smoked shoulders, 17a18; bacon, 6 lard, in bulk, 1214; in packages, 1315. Live stock—Calves, 13a13lp; Spring lambs, 15. Increased receipts of hard crabs at Municipal Pish Market this week was the interesting feature of the week’s trade. The crabs came in such large 22a24; natural result of the heavy catches of | | shad along the lower Potomac and else: where. | Plentiful supplies of bluefish, one of | the more popular varieties of marin | products, have reached the local marke | this week, ‘They found ready sale | | around 25 cents a pound. Boston deal ers furnished supplies of halibut, salmon, | | haddock, fillet of haddock and cod. while Jersey netters sent supplies of | flounders and Boston mackerel. Dealers depended upon Florida ship-| pers for supplies of shrimp, a shellfish that has not been plentiful the past few months. They were quoted at 30 cents a pound today. Redsnappers also have been received from Florida this week, selling at 25 cents a pound. Practically no fish were received from North Carolina this week, shippers there realizing business would not be very profitable with such plentiful sup- plies coming from the Potomac and Chesapeake Bay. California cantaloupes appeared in the local market the first of the week, following close behind receipts of the same fruit from Florida. The former fruit, always rated high, sold as high| as $8 a crate of 36 cantaloupes of | medium size, while the Florida fruit brought only $350 and $4. Cheaper prices ruled later in the week, Peaches, mostly from Georgia and North Carolina, appeared here early in the week. While some of the fruit was large and attractive enough to claim the attention of, buyers, some of it was so much affected by the heat that dealers were unable to dispose of it at any price. It found few takers at 50 cents a bushel. . The best of the fruit brought around $3 and $3.50 a bushel basket. Strawberries continued plentiful throughout the week, receipts early in the week probably breaking the record for the fruit. The berries were so plenti- ful that prices dropped to as low as $1.50 for crates of 32 quarts, and in a few instances, it is stated, the prices went as low as $1.25. They were only fairly plentiful today. Other Berry Receipts. Blackberries, huckleberries and cher- ries also came in heavier receipts, deal- ers_complaining that receipts, espe- clally of the blackberries, were (oo heavy to handle before some of the berries showed deterioration to the ex- tent of causing reductions in prices. California_cherries, attractively packed in boxes, also came in heavier receipts. | Additional shipments of watermelons from Florida were received the past few days, the fruit, it is reported, being of excellent quality. The market was | dull, however, the demand not being heavy. Prices ranged from 50 cents to | $1.25. Moderate Tecelpts of oranges and grapefruit met moderate demands and a steady market. There were plentiful supplies of pineapples and light re- | ceipts of apples. Dealers continued to offer a few California pears and alli- ator pears to the trade. Potatoes, always regarded as the vegetable market, are being received in liberal supplies, meet- |ing a moderate demand and slightly weaker market, South Carolina stock selling from $5.50 to $6 most of the week. Only a moderate demand for old stock was reported. Moderate supplies of tomatoes this week, Florida stock, met a slow de- mand, but the market has been good for the best of the supplies. Prices, as | to size and condition, ranged from $1.50 to $3.50. Lima beans, string and stringless beans, peas, carrots, beets, lettuce, squash and Spring greens have been received this week in quantities in ex- cess of demands, according to reports, prices of most of the vegetables being reported at what dealers termed cheap. Plenty homegrown _Spring greens were to be had on the country line | this morning, spinach and kale, neither having been affected by the hot weather. claiming the attention of buy ers. Kale was offered at 50 and spin- ach at 75 cents a bushel basket. A slightly firmer condition of the egg | market was reported yesterday. prices taking a slight advance. Candling losses already have become heavy, result of higher temperature, and increased losses undoubtedly will be reflected in advanced prices. DECLINE IN LUMBER | MOVEMENT IS SHOWN Reports to the National Lumber Man- | ufacturers’ Association from as many as 756 mille indicate that the lumber | movement is somewhat leas satisfactory than at this time & year ago. The un- | filled softwood order file has shrunk some within the past week, according | to reports from certain identical mill: Figures from a larger group of identical | mills show that softwood production in- ‘ creased 1 per cent Jast week, as com- pared with the same week a year ago, | while new business (current orders) and | shipments decreased. Identical mill re- ports indicate some decline in hardwood | production under a year ago, also in | new business; but shipments increased. | Lumber orders reported for the week | ended May 25, by 538 softwood mills, totaled 323,231,000 feet, or 93 per centi of production of the same mills. Ship- | ments, as reported for the same week, | were 353,333,000 feet, or 2 per cent over | production. Production was 346,019,000 eet. | 1 T W | Lectures are to be broadcast to eight public schools in London. PARK TOWER NEW QUOTATION BOARDS ATED | | BY ELECTRICITY T | | Two tiers of the board, showing the frames A teleregister board has been invented by Robert L. Daine (inset) to flash changes in stock quotations rapi for each stock, are shown. BY WILLIAM R*KUHNS, ‘Written for the Associated Press. NEW YORK, June 1.—Armchair speculators and investors throughout the country will be able to watch the progress of their favorite stocks in comfort when the new automatic stock quotation boards have been installed from coast to coast Ten-million-share days will be run | through this electrical masterpiece | with no more commotion than that of a taximeter clicking the passing miles. | The Western Union Telegraph Co., which will control the distribution and operation of the new boards through | its subsidiary, the Teleregister Corpo- ration, is confining its plans for the present to the New York metropolitan district. Frenchman Perfects Machine. Ultimately, however, a transcon- tinental circuit will be set up. Robert L. Daine, a French war- president of the Teleregister Corpora- tion, having demonstrated administra- tive capacity. He was born 35 years ago. and is a graduate -of the universities of Lille and Paris. His record with the French air corps until he was wounded at Verdun is an_extraordinary series of achievements, ‘for which he received decorations from several allicd armies. One central operating station is all that is needed to record simultaneously APARTMENTS 2440 16th ST. Adjoining French Embassy NOW OPEN FOR INSPECTION Apartments of one room and hath to six rooms and two baths. Ready for occupan Most apartments have porches. ¢ June 1. SPECIAL FEATURES: Electric Refrigeration (on building er) meter). Radio Outlet Ample Electric Ploor Outlets. Modern Baths with Showers. Incinerator. Full-length’ Bedroom Mirrors. Electric Washing Machine Clothes Drier in Basement. and Switchboard, Two Passenger Elevators. One Service Elevator. Screened Porches Windows and_Doors are Screened Metal Weather-Stripped. Awnings. Garage Facilities. Manager on Premises, SHANNON - & LUCHS 1435 K St. N.W. Managing Agents Main 2345 on 10, 100 or 1,000 boards the minute- to-minute changes in stock prices on | the floor of the exchange. | | A compact instrument resembling a typewriter keyboard is the means through which the proper electrical im- | pulses are sent out over the wires. | Frames for each stock are arranged WORKERS PARTNERS |EASTERN STATES LAG IN OHIO FACTORY| IN AIR DEVELOPMENT By the Associated Press. By the Associated Press. CLEVELAND, Ohio, June 1.—Many a| DETROIT, June 1—Cities of the worker at his factory machine has|Middle West, South and Pacific Coast dreamed of the day when the boss|are finding ground for self-congratula- would be no more and the timeclock | tion at the expense of New York and in the ash can—and knew it for a|the Eastern Seaboard in the latest Gov- dream—but here it is reality. ernment aviation statistics. Richman Bros, one of the largest| Out of 65 air lines in the United thing manufacturers, let their work- | States operated on a daily or six-time- ers do as they please as far as is|weekly schedule, only four touch New possible and encourage them to buy | York City. stock at reduced figures. In their to Boston, the National Air Transport factories here and at Lorain, Ohio, they | Service to and from Chicago and tne have 3.000 workers and 800 clerks in|Pitcairn service from Atlanta and 38 retail stores in 37 cities. Washington to New York As an inducement to do their best,| Chicago already is the center of a cmployes hold $7,500,000 of the com- |spider web of air lines reaching west to pany's stock. Recently on its fiftieth | the Pacific, east to the Atlantic, south anniversary the company offered em-|to the Gulf and north to the Twin ployes the chance to buy stock at about | Cities. Detroit has been linked with a third its market value. This was a |Cleveland, Chicago and Buffalo. Other These are the Colonial Line | cities of the Great Lakes region are | similarly well served with air transpor= | tation. | Los Angeles, San Francisco, Seattle and other leading Coast cities are | junction points for a rapidly developing | system of lines. Texas and the | Mississippt Valley are twn other areas hat have taken up flying with little hesitancy. In general the newer communities have appeared to show less backwarde ness about trying the new form of transportation th: the regions in- cluded in the Thirteen Original Colo- nies. | CONSTRUCTION AWARDS. NEW YORK, June 1 ().—The value of awards on heavy construction proj- ects in the United States last week was less than half that of the preceding week, Engineering News-Record re- ports. ‘The figures for this week are $53.473,000, compared with $108.751,000 last, weck, and $63.618.000 in the cor- | responding week last year gift of more than $4,000,000. One woman, a cook in the restaurant, | retired after 13 vears with $30,000 in stock and $3.500 savings. A taflor, | after 25 years, retired with the same amount of stock and his home paid or. Through a piece work arrangement girls often make as high as $35 a week. | Company officials insist that they have no paternalism in mind and that | their whole motive is to make money. The factory is.closed for two weeks | in Summer for vacation and one week at the Winter holida: BUSINESS IS DEFYING HIGH MONEY RATES . B in rows of 10's and family book case. Al The operation of the keyboard re- sembles the simpler mechanism of the automatic_telephone dial. watches the moving ticker tape in Keyboard Operation. | tion, An operator She | statis despite tiers like a | Speclal Dispatch to The Star. NEW YORK, June 1.—Th Business Economic Digest sa “There are as yet no well defined in- | dications of general business contrac- the tendency of a few observers to believe they see adequate ical signs of an impending de- ‘week's | PEPPLPLPPL00000000000000000000000000000000000000000 . * - 3515 RITTENHOUSE ST. PACIOUS center-hall plan brick residence in Chevy Chase, D. C. .. .9 rooms, 2 baths, maid's room and bflth Covered concrete ’ide por(‘]’l. two- car garage. Condition like new. Overlooking the grounds of one of Washington's finest estates. < Open Dasly Until 9 P.M. N. L. Sansbury Co., Inc. 1418 Eye St. N.W. Nat'l. 5904 punches ATT, for instance, opening the circuit connecting with the frame desig- nated for quotations of the American | Telephone & Telegraph Co. stock. She then punches the required figures and the little numbers, each on its own revolving cylinder, obediently flash the change. The boards ‘are not expected to di- cline. Many authorities expect that | the substantial momentum attained by industrial activity will prove sufficient {to lessen the usual Summer seasonal | let-down. | “A favorable feature of the current | situation is the failure of business as | a whole to respond adversely to firm money rates. This confidence is P00 000 000000000000 00000 Outstanding Home Values! 400000 00000000000400400000000000000000000. PEPPPIPIICIIIIIIIIIIIIIPIIIIIISIIOIIITS minish the value of the present ticker | pointed to in some quarters as indic: rvice, also operated by the Western | tive of the assurance permeating busi- Open Sunday © 1PM. to 6 PM. <> 1341 Jefferson Street in 14th Street Terrace A DETACHED home—in de- sirable section of the con- venient in-town suburb, Con- tains 7 splendid rooms, a tile bath, a fine porch and has a garage on the rear of the large nicely landscaped lot. There is a fine fireplace in the living room. For Sale at a Speculative Figure DHANNON: & LUCHS 1435 K Street Main 2345 'BEST VALUE IN | ALL NORTHEAST New Restricted All-White Community Exhibit Home Open Daily Until 9 P. M. 210 17th Place, N. E. Overlooking New Anacostia Parkway good sized rooms, tiled bath with shower and built-in tub, toilet in basement, built-in garage, an all-white modern kitchen with Qual- ity range and two cabinets. Houses beauti- fully finished, with oak floors, hardwood trim, pranelled walls and artistic lighting fixtures. Screened breakfast and sleeping porches. Only $7,950 and Easy Terms. There Is Positively No Buy Like It. R. E. Kline, Jr., Owner 717 Union Trust Bldg. Main 6799 Or Any Broker ARE YOU PAYING TAXES QN A VACANT LOT ? Build a house on that lot and enjoy a nice income from the rent. Somebody will build there some day, and whoever does will make some money. Might as well be you—it’s your lot! Let us help you with plans and advice—and when you are ready for the lumber we will treat you right. GALLIHER & HUGUELY, Inc. Sherman Ave. and W St. N.W. - North 486 306 Raymcnd .St., Chevy Chase, Md. (Gory Brookenille Rond) AN IDEAL HOME Built to Live in—Not to Sell—Now Too Large for Owner Some Facts Abodwshe Progerty- Buff brick, deep porch, with concrete floor; 10 large rooms; Iving room 14x28, with brick fire- place; six large bedrooms, two master bedrooms 14x20, nine large closets, two modern baths, extra toilet, hot-water heat, oil burner. Pittshurg hot-water heater, ali openings metal weather stripped. fancy awnings, rustless screens; high cemngs, basement; first and second floors, intetior finish ivory; corner lot 100x145; beautifuily terraced and landscaped, shade trees, evergreens, flowers, flower- ing ' shrubs, magnificent row Lombardy poplars. privet hedge three sides, Rose of Sharon fourth: two-car garage with con- crete curb drive. In Splendid Repair—An Exceptionally Low Price $19,750-00—Attractive Terms Ph. Wisconsin 3149 Open Afternoons and Evenings Union, nor the Translux movie ticker. | Mr. Daine points out that whereas | the tape furnishes a full and chrono- | logical record of the day's transactions, the new boards record the changes, giv- ing at all times the day's range of | | prices in every stock. R R R S S R SO IIIU ORI \\\m\&\\\vfia\\i{}\\\i\\\\\\s\\\“ N The Every home, new or ¢ some time or other. Wh new, the logical thing to We specialize in mak and waterproof Dupont ples. 418 Allison wide, on a high elevation side porch, large cellar Artistic decoration, har 1016 14th St. > = = > t .8 5 o = S 5 l-.] i-< Exchange Your Old Home for A New Home—A Real Home m Most Desirable Intown Northwest Section of Washington This home is entirely detached, constructed of brick and contains seven rooms and two baths, open fireplace, Frigidaire, etc. Washable—Waterproof WINDOW SHADES and for that reason come to The Shade Shop. We would be pleased to submit estimates and sam- Factory prices save you money Near Grant Circle Semi-Detached Brick Home 8 Rooms — 2-Car Garage Splendid Colonial type all-brick home, 26 feet hall, 8 large rooms consisting of living room, dining room, breakfast room, well-equipped kitchen, 4 large bedrooms and black and white tiled bath with built-in tub and shower. toilet, 2-car built-in garage, paved street and alley. throughout, beautiful lighting fixtures, spacious wardrobe closets, linen closet and many modern features and conveniences. only %11,500 7erms CAFRITZ Owners and Builders of Communities ness that the Federal Reserve Board would bring about easier money if gen- eral industry became adversely affected by high money rates. “The ultig- te tariff revision is looked to as an eventual aid toward better diversified and more stable prosperity.” i s s S S S R S S S S A S S SRR SR SRR NN & ld, needs window shades en the time comes to re- do is to order the best, ing to measure washable Tontine window shades. Street N.W. in Petworth. Reception Concrete covered with laundry trays and dwood floors and trim Main 9080 A real opportunity to select a home within your price range at a substantial saving 1960000000000 0000000000000000000000000000 SEE THESE HOMES TODAY 1900000000000 000000000000000000000000000 4509 Sth Street NNW. PETWORTH HOME NEAR GRANT CIRCLE A splendid Colonial brick home with Mansard roof and covered concrete front porch, in a convenient sec- tion of Petworth near Grant Circle. 6 large rooms and tiled bath with built-in tub and shower, nice recep- tion hall with coat closet, bright kitchen completely equipped, pantry, large cel- lar with laundry trays and toilet, rear yard with ce for garag: Two covered rear porches, paved street and alley; artistic decora- e o g P e tion, hardwood floors and tion, all _modern improve~ i THig bl las et ments. Nice lawn with been refinished throughout. e TPaved et tune $8,950 ""39,950 REPRESENTATIVES ON PREMISES 000000000000000000000000000¢ CAFRITZ Owners and Builders of Communities 800 Delafield St. N.W. 7-ROOM CORNER HOME BUILT-IN GARAGE An unusual, Colonial type, corner brick home in a splendid northwest com- munity, near Sherman Circle. Covered front porch, 7 beautiful rooms, including large living room, spacious dining room; breakfast room, bright kitchen and 3 large bedrooms. Tiled bath, built-in tub and shower, large concrete cel- ar with Jlaundry trays. Newly decorated, hard wood floors, electricity, hots water heat, automatic hot- water heater, bui 1016 14th St. Main 9080 — BURLEITH Washington's Finest Community of Reasonably Priced Homes NGLISH cottage architecture has always been considered the essence of good taste in smaller home design—quaint, colorful, sturdy and easy to maintain—it adapts itself admirably to modern home planning. This home contains 6 fine rooms—3 are bedrooms—a tiled bath, a Colo- nial mantel. hardwood floors through- out, and a large basement with laun- dry tubs. Completely equipped kitchen—hot- water heating system, automatic hot= water hester and beautifully désigned interior woodwork and decoration complete this marvelous dwelling. Of course, it is ideally located on an attractively landscaped lot. Garage. Attractively priced. $9.100. You Owe It to Yourself to Inspect This Home Now! SHANNON: & LUCHS Members of the Operative Builders' Ass'n of the D, C. 3827 S Street W. Near Western High School. Take a Burleith Bus to- )