Evening Star Newspaper, June 27, 1929, Page 3

Cold Storage in this fireproof de- pository, surround- ed with extraordi- nary protections, handled and clean- ed by men of many years’ experience, guaranteed against loss or damage from any cause by a company whose guarantee would be good under any conceivable cir- cumstance — furs, rugs, clothing, etc., are safe. | A'S4FE DEPOSITORY FOR 38 YEARS GAASPINWALL . PRESIDENT ®, X B b o e o s HiBnes wnd Wiliam Hugher sader s Ara riame of G 5 AM H UILD) PING COMPANY of the District of us distolved on the 11th Gay of by mutual consent. O T S ey, o and all demands Sald part: and companies are to be s RGE JAMES HUGHES, HUGHES. 27* GOING? WHERE? when and we'll mo BRLELESY 7Y, R ks BNl BebiVins Asti 8" R —will soon be leaky roofs j | ! big repair . Avold hazing us spoly our - Tin it mow. Don't paini- NS Bt 119 3rd Bt. 8.W. Main 933, | BURTON T0 PRAISE I' Washington Realtor Will Tell| - | Southern Skylines, Inc., will address the 30° | realtors tomorrow evening on aviation e ing concomitants, was taken formally THE EVENING STAR, WASHINGTON, D! C. THURSDAY. JUNE 27, 1929 discussion of an address by Oliver 8. Turner of Chicago, which brought out the large cities are experiencing where the system of making all apart- ment house leases date from approxi- mately the same time of year, thus a year, prevails. In championihg promotion of ethical ractices and direct services to the pub-~ ic as the J)r&nclpal object of a real estate board, Secretary Petty of the Washington Board said this morning: Petty Makes Appeal. “While there may be quite a variety of aims and purposes set up by the 600 | boards affiliated with the national asso- | ciation, the great majority of them cen- ter around one primary and fundamen- tal'aim. This predominant aim is the elevation of the real estate business to a high plane bringing real estate practice nearer the professional status which its seriousness and importance justify. “Broadly speaking, a real estate board should to the extent of its ability ear- nestly engage in any activity which will tend to make it posible for individual realtors to render more intelligent, effi- cient and honorable service to their clients and the public. “To the average layman, methods and procedure as well as customs and prac- | tices in connection with the purchase, sale, leasing and mortgaging of real estate are complicated and fraught with uncertainty and. doubt. A real estate | board can render a personal service to the public by holding out to every one | the opporiunity of obtaining from it | advice and information pertaining to any real estate problem. When a service | of this character is made available the | public becomes familiar with the fact | that a tremendous amount of v assistance can be rendered, particularly in guarding investors against unwarthyI g{;fl:fl operating in the real estate Mr. Petty then outlined numerous activities which a realty board could well undertake, both as a service to its members and the public. Broaches Farm Land Evil. ‘Widening the range of prospective | purchasers for a given farm through ad- | vertising and through co-operation | among farm lands brokers is the com- | mon-sense remedy for present raarket ills for farm lands, according to Rich- ard Potts of Frederick, Md, who out- lined today befere the farm lands di- vision a plan for intrastate co-operation between farm lands brokers in the plac- ing of farms before the prospective owners, “The great demand for farms, with | National Group of - City’s Virtues. BY DON S. WARREN. Staff Correspondent of The Star. BOSTON, Mast., June 27.—The cul- | ture, beauty, refinement and residential | advantages of the District of Columbia | will be described eloguently to the 1,500 | realtor delegates attending the conven- | tion of the National Association of Real | Estate Boards hére this evening, when W. Cameron Burton, Washington's | spokesman, makes a bid with other we! | primed home-town boosters in the an- | nual five-minute speaking contest. | The home town oratory event will | come at the close of the third day of | | the convention, which is filled with a | long series of discussions and studies of | projects and problems before the Na- | | tion’s realtors. Washington realtors, to- | | gether with delegates from other boards, | | today heard scores of educational let | tures by outstanding realtors, business leaders and Government offi- cials on questions of real estate finance, | building, property management, com- | munity planning, brokerage and subdi- | vision work in sectional meetings, which will be continued tomorrow. e con- vention ends with a business session, banquet and farewell dance tomorrow evening. ' Urges Professional View. John A. Potty, secretary of Wash- ington Real Estate Board, in an address before the secretaries’ division this | morning, ' declared that while a realty | board may conduct a wide range of ac- tivitles to advantage and bencfit, the | predominant aim and pursose is eleva- | tion of real estate busincss to a higher { plane of ideal practice and the profes- [sionnl status which its seriousness and importance justify. Members of the Washington delega- tion last night were the guests of Mor- ris Cafritz, convention chairman for the District, at & dinner at the West- minster Hotel, the principal social event for the Washingtonians as a party. ‘Willlam Gibbs McAdoo, former Secre- tary of the Treasury and now head of and its effect on real estate, at a ban- quet for officers and directors of the na- tional association and presidents of local Change Is Sought, Action to break up 'the annual or semi-annual wholesale moving season of apartment tenants, with their attendant confusion, economic waste and disturb- by the property management division, in which Washington realtors partici- pated, yesterday afternoon, when & resolution was adopted placing the divi. ston on record as favoring 12-rental’ seasons a year for apartment buil Wi is quite familiay with problems that result from the most other large cities of annual apart- ment leases e ly wholesale fashion in the ing and l:nu. %t;me.c!ua have 1olved this prg:; throughout the year. This is thgflzl.ln now recommended by the property management division of the national body. The resolution was adopted following lumbia 9:‘;353’ Cvemetery‘ 'a., overlook- | g A = v&;m?-‘iflm LSS ~ Smit! g las 1 l}'::nmfer & Stof-;&e ”(;.o., SPECIAL NOTICES. NASH. g.ooéu %'55. C ifxflkfl a?'m‘ Planned and Executed T o nd The National Capital Press 1210-1212 D St. N.W. Phone Main 650 ANTIgUE FURNI JIRED AND 'ODUCED BY. TInterior Woodwor E D'ART ugé’i%’)"l juable | ~ 14 | its attendant wave of speculation which swept the country from 1915 to 1921 is a vivid page of real history,” Mr. Potts sald. “Farm brokers' offices were be- sieged by hordes of eager buyers at prices far beyond intrinsic values. At the present time, added to the inevita- ble post-war deflation, there is increas- ing pressure from banks and insurance companies for reduction of loans. This | at the present moment is helping fur«| ther to demoralize the farm lands mar- | ket in a scramble to salvage a part of the wreckage on the auction block.” State-wide multiple listing of farm lands was proposed by Mr. Potts. The plan would mean that through a close co-operation of farm land brokers in a given State a farm listed for sale in any one locality would be placed before prospective purchasers in other parts of the State, or, for that matter, in other States. $25,000 GIVEN PROBE. BOSTON, June 27 (#).—Trustees of the Twentieth Century Fund announced yesterday that they had voted to give $25,000 to the international labor office of the League of Nations to help finance an_international investigation of the cost of living and wages. Their action was prompted by the recent request by the Ford Motor Co. for data on which to equalize the pur- chasing power of its employes in all countries. Edward A. 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