Evening Star Newspaper, November 9, 1929, Page 17

WASHINGTON, D. C, Ihe bening Starf. U. S. INDUSTRY CONFIDENT . OF CONTINUED PROGRESS General Business Will Not Be Retarded by Wall Street Crash, Say Leaders—More Money for Building Declared Available. That general business in the United States will not be retarded and that many industries, particularly building, will be definitely benefited by the drastic scaling down of stock market values is the opinion of more than 150 leaders in a widely diversified list of indus- tries. tectural Forum, Building Age ja Their statements were made in response to telegraphic in- quiries from National Trade Journals, Inc., gublishera of the Archi- nd other business journals. The majority of the replies direct attention to the enormous sums released for general business uses by the forced and virtually universal liquida- tion of stocks. ‘The consensus is that a substal ntial proportion of the vast amount of money drawn from every industry and every section of the United States by the high interest rates i n Wall Street will become available for the development and expansion of productive enterprises through- out the country. Building operations, it was stated, which have been seriously hampered by the difficulty of obtaining the large capital necessary, except at prohibitive cost, will be a chief gainer by the sharp revision downward of stock A concrete idea of the total amount of money which public participation in a steadily rising market had put into ‘Wall Street, according to Howard Myers, president National Trade Journals, In: and which now may be partially diver ed to replenish the streams of com- merce, is furnished by the Federal Re- serve Bank’s announcement on October 31 that brokers' loans had decreased $1,096,000,000 in one week. Opinions of Leaders. Some of the opinions expressed were as follows: Walter S. Gifford, president American Telephone & Telegraph Co—“In re- sponse to your inquiry, the business prospects of the Bell telephone system are as good as they ever have been and we look for continued growth and ex- pansion.” James Simpson, president Marshall Field & Co.—"“Developments during the gat week have demonstrated that the ancial structure of our country was able to withstand the unprecedented shock without failures and revealed strength that was unequaled in the his- tory of the world. I believe the recent recession in the stock market was in- evitable and that in the long run it will prove beneficial to business. Funda- mental business conditions are sound, production and consumption of goods in most lines are fairly well balanced. I am certain we can look forward to a constantly improving and a more sta- bilized condition of business. Roy A. Hunt, president Aluminum Co. of America—"“Our contracts with the building and other industries lead us ic believe that fundamental business con- ditions are sound. Temporary or local setbacks may occur this Fall or in 1930, ‘but business as a whole should move forward.” Reaction Held Logical. Edward J. Cornish, president National Lead Co.—“The reaction to the extreme tion rampant both in the United tates and Europe was logical and nec- essary and conforms to what any stu- dent of economic laws anticipated. The result should be a reduction of credits, ‘with correspon: decrease in current interest rates, which should be bene- 21 & Siate, pressient. Litbey Owens Glass Co.—"We look for healthy activity in sound investments, including building Believe unstable situation in ‘past has been corrected and that ‘more stable conditions will develop.” Z. G. Simmons, president Simmons Co—"“My answer to your wire is, we have just taken over the B. F. Huntley Furniture Co. of Winston-Salem, which ‘we would not do if we felt there was anything wrong with the business situ- in our particular industry. We that everybody will have to sleep h in 1930 as they did in 1929, n '6“8’ HER Y security market. This thing one-sided, and the United of America is too big, too rich prosperous to be seriouNy dis- turbed by the lquidation in the stock markets. It is a hard thing to say, but 1 believe that in the long run great ‘benefit will come out of this vast liqui- dation. I have no fears for 1930.” Growth Must Continue. M. Verrity, president the Mill Co.—"The steel gfi E§§= H g growing country, with its boundless hu- man and material resources, industry must continue to grow steadily. Future business prospects and opportunities were never better than today.” A. W. Hawkes, president Congoleum Nairn, Inc—“So long as business fun- damentals remain sound and general business is guided by scientific budgetry and inventory control, as is generally the case in the modern business in this country, I seriously doubt that progress and prosperity in the United States can be stopped. For the long pull, the op- timist in this country has always had the laugh on the pessimist.” Thornton Lewis, president, York Heating and Ventilating Corporation; president, American Society of Heating and Ventilating Engineers—"Absojute soundness of basic conditions makes me feel release of money held in market by revious high call loan rates will allow Euwnqs requiring mortgage money to proceed and business should be as ood or better than in the past two years.” Lower Cost of Money. Alexander Forward, managing direc- tor, American Gas Association—"In our opinion recent everts on the stock market will result in lower cost of money, thereby making possible greater building activity, heretofore deferred be- cause of high cost of financing. Busi- ness conditions unquestionably funda- mentally sound.” Murray Sargent, secretary, Sargent & Co.—“In our opinion decline in stock market will have a favorable resuit on business over a long-range period. . Credit and funds which have been di- verted into stock speculative chaunels will ks available for business projects, including_building operations.” W. D. Baldwin, chairman, Otis Eleva- tor Co.—"We view e present situ- market prices. APARTMENT HOUSE “CITY" IS PLANNED Fifteen-Story Structure With 2,000 Rooms Is Contem- plated Here. Plans for a huge suburban apart- | ment house that will mark a new de- parture in such a project for the met- ropolitan area of the National Capital, not only by reason of its size in a su urban community, but for its ‘‘com- munity” features, were announced this week by Brainard H. Warner, jr., Tower Building. A 2,000-room, 15-story apartment house is planned, to be erected on a large tract of land fronting on the pro- posed Rock Creek Park in Montgomery County at a point where it is proj to build a dam for the formation of a lake when the park is developed, Mr. Warner announced. Application Approved. ‘The Maryland-National Capital Park and Planning Commission, according to a statement by Irving C. Root, chief engineer, has approved an application for a building permit for the project. Actual construction would not be started until Spring, Mr. Warner said. One of the unusual features of the development would be absence of drive- ways to the entrance of the building. All' approaches would be by under- ground routes. There would be storage space in the basement for 500 automo- biles. Thus there would be no vehicular roads on the surface of the grounds im- mediately surrounding the development. Golf Course Planned. 1t is proposed to have a golf course for the use of tenants and a space available®or employment as an airplane landing field. There are to be two play- grounds, for small and older children, in charge of si s, 'lshmmls to building housing & 8§ pool asiums, and on the first is floor of this structure to be provision for & drug store, gro- store, general merchandising and Sther ‘shops." As the project now is de- ed, it would be & community in it- PHILLIP-LOUISE SHOP NOW IN NEW QUARTERS Leases Store Space at 1727 L Street, in Duryea Building, for Two-Year Period. The Phillip-Louise shop, formerly lo- cated at 1507 Connecticut avenue, has more years. The total Tental amount involved in the five-year period is ap- proximately $10,000. L. W. Groomes represented the owner of the property. ‘The same office 4lso re the leas- ing of the store at 1735 Connecticut avenue to the Spic & Span Cleaners, Inc., for a period of one year, with privilege of renewal for two years. Shannon & Luchs represented the owner of the property in the negotia- lon. o Du Pont Apartments Sold. The Dupont Apartments, 1717 Twen- tieth street, have been sold by James F. is announced by Hedges & Middleton, Inc. which handled the transaction. The building contains 26 apartments of five and six d bath. A NEW detached residence beauti- ful Northgate . . . now for your in open in- spection. -» Salkeld to an unnamed local investor. it | APPRAISAL GROUP OFFICERS CHOSEN Rust Heads Newly Constitut- ed Committee of Redl Estate Board. H. L. Rust, jr., was elected chairman of the newly constituted appraisal com- mittee of the Washington Real Estate Board at a meeting of the committee yesterday. Claud Livingston was elect~ ed vice chairman. Other members of the committee are Harold E. Doyle, Charles A. Jones, Joseph I. Weller, Waverly Taylor and E. Quincy Smith. The importance of the committee is indicated by the fact that during the 13 years of the life of the committee properties in Washington having a total valuation of more than $65,000,- | 000 have been appraised by the com- | mittee, ‘membership changes | from year to year. Eighty-seven parcels having a valuation of $2,910,463.46 were appraised by the committee last year. Appraisal work was established in the early history of the former Real Estate NEW REALTOR Brokers' Association and has been con- tinued by the present board under | definite rules incorporated in the by- laws of the organization. Committee Has Seven Members. ‘The committee consists of seven active members appointed annually by the executive committee and the secretary | of the board serves as secretary. he | secretary maintains complete ~records and all information pertaining to ap-| praisals made by the committee, as well as minutes of every meeting held. These records, it was pointed out, are | held strictly confidential to those who | seek this service, for which a definite | fee is charged. Only members of the appraisal committee Who actually par- | ticipate in the appraisal have access to this information which is not avail- | able to the membership of the board. | In describing the procedure in the‘ work of the appraisal committee, John | A. Petty, secretary, said: “The by-| laws of the organization provide that no appraisal shall be le unless at | least four of the seven members par- ticipate, and- seldom ‘any appraisal is made without the attendance of the entire committee. After securing all available information pertaining to the property to be appraised the commit- tee as a whole makes a personal in- spection of the property and then holds a formal meeting the offices of the board to determine on a valuation. A formal certificate is issued by the board, based on the decision of the committee. No member of the committee can par- ticipate in any manner in the appraisal of any property in which he has any direct or indirect connection as agent, owner or otherwise. Committee Acts for Board. “The committee is vested with the power and authority to act for and in the name of the board in all matters pertaining to appraisals, and may in its discretion decline to make appraisals. No appraisal can be made of any prop- erty except for the owner thereof, or his duly authorized attorney or agent. In cases where others than the owner may desire an appraisal the written ap- proval or consent of the owner must be obtained, and in such cases the owner has no access to any information con- cerning the appraisal unless it is ol tained from the person for whom the appraisal was made. “Several years ago the board adopted the policy of permitting an associate member to sit with the committee and act as an assistant. While this associate assistant is not a member of the com- mittee, he joins in with the committec in its deliberations. The office was cre- primarily to train the younger members in appraisal work, Two such associate members are elected each year, one serving for the first half term and the other serving for the latter half. This year the associate members se- lected were Walter B. Jarvis and G. Ed- ward Altemus. G.0.P. COMMITTEEMAN LEASES HOUSE HERE at 1520 Twentieth Street. Claudius Houston, chairman of the national Republican committee, has leased as his Washington residence the large detached dwelling at 1520 Twen- tieth street, on the southwest corner of Q street, it was reported this week. ‘The three-story dwelling, once occu- rled by Secretary of War Davis, was leased from Dr. and Mrs. Cary Lang- horne, through the agency of Sandoz, Inc. It is of brick construction with limestone trimming. It has a large ball- room and is suited to entertainment purposes. ‘The dwelling will be the home of Mr. Houston and three daughters. (between Madizon an, Semi-detached brick, exceptionally OR ANY Claudius Houston Takes Residence | possible Art;hitect i;lans Building to Reach 165 Stories High Backer of Proposed New York Skyscraper Is Not Disclosed. The latest proposal for & mew sky-| . delin, scraper for New York, of a size stag- gering to the imagination, comes from Leonard Cox, New York architect, who is reported to have drawn plans for a structure to reach skyward for “a quar- ter of a mile” It would be a building of 165 stories, taller than any yet con- "go, templated. The announcement of the plan, made by the Building Research Council, does not state when or by whom the pro- posed structure- would be erected. The race between skyscraper builders in New York to build the highest building in the world has been so breath-taking in the past several years that informed observers would hesitate to say that it cannot or will not be done. ‘The sed structure as designed would give something of a rainbow ef- fect, derived from its exterior coloring, which would carry out the hues of the spectrum, the architect states. It would occupy four city blocks, with the central part towering directly over the street intersection. Openings through the building would permit the passage of traffic. Space left for the avenue would be approximately 400 by 200 feet. The walls of this inclosed can}s"on would rise 40 stories, to a great arch. “By being placed directly over the street intersection the main shaft of the building would be removed as far as e from nelghboring property,” Mr. Cox explains. “This would protect the other buildings from obstructions to light and air and would at the same time insure an adequate supply for this one. There would be virtually no ‘in- side space.’ Except for about 16 stories over the arch, average horizontal distance within the building from wall to wall would not be more than 60 feet. ‘White House Souvenirs. Five thousand blocks of wood cut from trusses removed from the roof of the White House two years ago, when the Executive Mansion was remodeled, are to be distributed as souvenirs among schools throughout the country by the Nl:\‘i}onul Lumber Manufacturers’ Asso- ciation. Beautiful Colorado Ave. A Location Beautiful and Convenient 5708 Colorado Ave. N.W. d Montague Streets) well planned; finest construction. 4 bedrooms, 2 baths, open fireplace, cheerful breakfast room, large attic. Frigidaire, pantry, garage. Price, $14,250 CARL H. Insurance Bldg., 15th and Eye Sts. National ‘1046 SMITH BROKER SATURDAY, NOVEMBER 9, 1929. HOME & GARDEN Washington and Suburbs APPRAISAL, BODY Top, left to right: Claud Livingston, Harold E. Doyle and Charles A. Jones. Center: E. Quincy Smith, Waverly Tay- Yor and Joseph . Weller. Lower: H, L. Rust, jr., chairman of the committee. CHAIN STORE FIRM - TAKES LEASE HERE Remodeling Operations Under Way at Site of Place Destroyed by Fire. ‘The G. C. Murphy Co., 5 and 10 cent chain store concern, has leased for a period of 25 years the properties at 1215 F street and 1214-16 G street, where a chain merchandising store will be lo- cated after conclusion of remodeling operations, according to an announce- ment here this week. The location comprises the premises formerly occupied by the Dulin & Mar- tin Store, now located in its new qua ters in the La Salle Building, Connec. ticut avenue and L street, and the prop- erty having 40-foot fron on G street owned by 8. Kanns Sons After re- ling, the combined properties leased will have a frontage of 60 feet on G street, with a depth of 128 feet, and of 24 feet frontage on F street, with a depth of 128 feet. A Murphy Co. 5 and 10 cent store will be located on the first floor and basement of the property, it is announced. There .are approximately 21,300 square feet of r space on the first floor and base- ment r. A restaurant with a seatin, csrlcny of more than 100 will be inst n the basement story, it is announced. The lease was negotiated by the Henry L. Frank Co. Baltimore, and Paul R. Reed, real estate and location manager of the Murphy Co., with the real estate department of the American Security & Trust Co. representing the M. W. Beveridge estate, owners of .the former Dulin & Martin home. ‘The Beveridge property, destroyed by fire, has been rebuilt, and the Kann property will be remodeled by the Mur- phy t & cost of $100,000, in addi~ tion to the cost of new fixtures. rooms. Hot-water heat. Tiled bath. We are in a position to reasonable terms. 1418 Eye St. N.W. There are four large There are two tiled Pantry. >, RULES TIGHTENED ON D. C. BROKERS Real Estate Dealers Affected by Proposed License Measure. BY JOHN A. PETTY, Secretary Washington Real Estate Board. Non-resident real estate brokers, whether individuals, firms or corpora- tions, and non-resident real estate salesmen would come under the pro- | vislons of the real estate brokers’ |license law proposed for the District of Columbia. A non-resident acting as a real estate broker or a real estate salesman, or attempting to do so, within the District of Columbia with- out a license is subject to the penal- ties set out in the law. Any non-resident making applica- | tion for license must comply with all | of the general principles of the law | in respect thereto. If a license is | issued to a non-resident he must con- duct his business in accordance with the same conditions provided for resi- dent licensees. Property owners, acting in relation to their own property, at- torneys-at-law performing their duties as such, and all other types of ex- emptions apply to non-residents just as they apply to residents. Powers Are Discretionary. The Real Estate Commission has discretionary powers in the issuance of licenses to non-residents in respect to walving certain phases of the pre- scribed application. In lieu of the recommendations and statements re- quired to accompany an application for a license, the Real Estate Commission may recognize the license issued to the non-resident by any State in the Union. However, in such cases the non-resident must file with the com- mission a certified copy of the license he holds from another State; pro- vided, however, in case of a broker, he shall maintain_an active place of business in_ the State from which he already holds a license. As an additional safeguard, every non-resident applicant shall file an irrevocable consent that suits or ac- tions of law may be s against him in the proper court of the Dis- trict of Columbia by service on the secretary of the commission of any rocess or pleading authorized by the &ws of the District of Columbia. Consent to Validity. He further consents that any such service on the secretary of the com- mission shall be taken and held in all courts to be as valid and binding as if due’service had been made upon him in the District of Columbia. This instru- ment of irrevocable consent shall be authenticated by the seal of the appli- cant if a corporation or by the acknowl- edged ture of & member or officer thereof if otherwise. Any process or secretary of the comm! duplicate, one copy to P the the files of an other forwarded by registered mail to the main office of the applicant against whom such process or pleading is di- rected. _All applications of non-resi- dents, except for individuals, shall be accompanied by a certified copy of the resolution of the proper officers or man- aging board authorizing the proper offi- cer to execute the same. As In the case of resident brokers and salesmen, each non-resident licensee must _file & bond of $1,000, running to the District of Columbia, which bond must be executed to two sufficient sure- ties, to be approved by the commission, or executed by a surety company duly authorized to do business in the Dis- trict of Columbia. 3236 13th ST Open Sunday, 10 to 9 One square from 14th and Park Rd. Modern brick residence, having five bed- Three-room-deep type house. Large, light rooms. Porches. offer this desirable prop- erty at an especially attractive figure and on very Aoogyamsbery National 5904 WH YYOU SHOULD BUY 706 MONTGOMERY AVE. IF INTERESTED IN BUYING AT ALL The construction is all brick The house is entirely detached bedrooms baths Naturally there is a garage D. C. PRIVATE for October of last year. The total for the year 1929 will fall farther behind last year unless the con- struction figures for November and De- cember are exceptionally high. The figures for the last two months of 1928 were unusually high, boosting that year’s total. Plans for private building operations in the District having a,total estimated cost of $430,720 were approved during the past week by the building inspector, Col. John W. Oehmann There were permits for 13 dwellings, including 3 of costly type; for a number of flats and numerous business and remodeling jobs. Permits were issued as follows: W. C. & A. N. Miller, owners and builders; G. E. MacNeil, architect; to erect one 3-story brick dwelling, 5101 Tilden street (parcel 8/5, square 1459); to_cost $75,000. E. P. Hinkel & Co., owners and build- ers; Pringle & Arnold, designers; to erect one 2-story brick rug-cleaning building, 600 Rhode Island avenue northeast (parcel 131/149, square 3628) ; to_cost $70,000. F. M. McConihe & Co., owners and builders; J. J. Whelan, architect; to erect one 3-story brick and concrete block dwelling, 6 Kalorama Circle (lot 8, square 5196); to cost $15,000. Five Brick Flats. Young Enterprises, owners; George T. Santmyers, architect; Young & Opp- heimer, builders; to erect five 2-story brick flats, 1140 to 1156 Owens place square 4059); to cost $37,500. W. C. & A. N. Miller, owners and builders; G. E. MacNeil, architect; to erect one 3-story brick dwelling, 4914 Glenbrooke road (lot 33, square 1517); 49 cost $29,300. Peoples Drug Stores, Inc., owners; E. S. Haislip, designer and builder; to erect one 1-story building for stores, 1144 Connecticut avenue and 1141-1143 Eighteenth street (lots E and D, square 161); to cost $35,000. Presbytery of Washington City, owners; A. S. J. Atkinson, architect; James A. Dowrick, builder; one 1-story brick church building, 5111 Grant street northeast (lots 32 to 35, square 5196); to_ cost $15,000. Joseph M. Stanley, owner and builder; 2-story brick and tile dwelling, 3229 Morrison street (lot 11, square 2023); to cost $10,000. Brick Dwelling. Robert Acorn, owner: L. R. Ray, architect; Morrison Bros., builders; to erect one 3-story brick dwelling and garage, 4555 Linnean avenue (lot 20, square 2251); to cost $14,000. L. E. Breuninger & Sons, owners and builders; H. L. Breuninger, designer; to erect one 2-story brick, frame and stucco dwelling, 1412 Floral street (lot 24, square 2736); to cost $12,500. W. B. Honey, architect; to_erect one | Part BUILDING PERMITS SHOW INCREASE Expenditures During First Ten Months Exceeded $32,000,000, While Total for October Shows Advance. Expenditure of $32,738,115 in private building operations in the District, exclusive of Federal projects and suburban developments in Maryland and Virginia, has been provided in building permits issued during the first 10 months of this year, illustrating the rate at which the limited area of the National Capital is being improved. Col. John W. Oehmann, building inspector, reports that new private building projects here during October had a total estimated cost of $3,066,705, representing a considerable advance over the total The total for the 10 months of this year, however, was about $3,500,000 less than for the same period last year. street northeast (lots 818 to 820, square 752); to cost $8,000. o W. L. Crain, owner and builder; J. H. Embrey, designer; to erect one 2-story brick dwelling, 1231 C street nun'gloent (lot 133, square 1010); to cost C. C. Collmus, jr., owner; E. B. Grif- fin, designer; Griffin Bros., builders; to 2rect one 2-story brick and frame dwelling, 5918 Nevada avenue (lot 27, square 1863); to cost $8,500. One Story Addition. F. L. Kohler, owner and builder; Nel- son B. Durfee, architect; to erect one 1-story brick addition, 3403 Connecticut :r%xa\ae (lot 805, square 2219); to cost Mrs, Eudina B. Johnson, owner and builder; George T. Santmyers, archi- tect; to erect one 2-story brick dwell- ing, 2826 Thirty-ninth street (lot part 11, square 1806); to cost $9, ‘Taylor-Korman Oil Co., owners and builders; A. H. Abel, designer; to erect one 1-story brick and concrete gasoline station, 103 Upshur street (lots 1 and 2, square 3322); to cost $4,000. Robert Wanzer, owner, designer and builder; to erect one 1-story frame dwelling, 600 Forty-ninth street north- east (lot 36, square 5146); to cost $3,000. Dr. O. E. Howe, owner and builder; Marcus Hallett, architect; to erect one 2-story brick store and dwelling, 78 P az‘reet (ot 51, square 616); to cost northeast (lots 207 to 216 and lot 821, | $4,00! Benjamin P. Hamilton, owner, de= signer and builder; to erect one 2-story frame dwelling, 5357 Sherrier place &ots 6 and 7, square 1441); to cost Permit for Garage. F. M. McConihe & Co., owners and builders; to erect one brick private garage, 6 Kalorama circle (lot 8, square 2523); to cost $3,000. Ralph W. Bohrer, owner; Allan B. Fay, designer; Morrison Bros., builders: to erect one 1-story concrete block swrll:e building lflzr "‘.)r;lckx, 53091WB- consin avenue (lof , square 1661); to_cost $2,800. Drew Pearson, owner; to make re- pairs, 2822 Dumbarton avenue (lot 138, square 1235); to cost $4,000. G. W. Forsberg, owner; A. 8. J. At~ kinson, architect; S. J. Prescott, build- er; to erect two 1-story brick gas filling N street. southwest (lots owners, designers and builders; to one 1-story brick and concrete addition to station, 2200 Bladensburg road north- east (lot 19, square 4258); to cost $3,000. Gulf Refining Co., owners, designers and builders; to erect one 1-story brick filling station, 201 H Massachusetts decorations emphasizes ‘Wonderfully wooded lot, {t. of ground. 1704 Conn. Ave. William F. Jackson, owner, designer and builder; to erect one 1-story frame (Continued on Eighteenth Page. First Offering New Center-hall Colonial Residence in Avenue Park 3215 CATHEDRAL AVENUE An outstanding example of a true Colonial home —highest standard of modern construction—painstak- ing care to every detail—careful selection of interior character and throughout. Ten rooms, three baths, lavatory, recrea- tion room with fireplace, sun parlor, two-car garage. refinement approximately 10,000 sq. Open Sunday A1 to 6 Schwab, Valk & Canby Potomac 0830 214 RAYMOND ST. CHEVY CHASE, MD. $13,500 This home, just completed, has a personality of its own. Absolutely modern to the minutest detasl. Distinctly individual in design. Really, words are ;nadequate—come out and see 1t! Open and Lighted until 9:30 P.M. Drive out Connecticut Avenue to Raymond Street (just beyond Bre Lane), turn East (Right) two blocks to property M. & R. B. WARREN ation with absol confidence and are expecting increased volume of busi- ness in 1930.” Copper and Brass Research Associ- ation—"“We feel that a large volume of building construction will be mamtained for the remainder of this year and through 1930. While some falling off may oceur, especially in residenial build- ing, which has been extremely active during the past few years, nb general or marked depression is anticipated.” HOME IS PURCHASED. Mrs. Oszar Underwood, widow of the Cenator frem Alabama, has purchased | 2s her Washington residence the new hovse at 19 Observatory Circle, near the new British embassy, now nearing | ecmpl-tion. The property was acquired from Mr. rnd Mrs Harry Wardman, now occupy- jng the house. Mrs. Underwood is the ewr-r of Woodlawn, once the home of Fellis Custis, near Mount Vernon, but ~ 15 d-cided to locate in Washington &sortiv. it is reported. Northgate individual type homes range in price from $18,750 up. You will be delighted with the charming de- signs and ° appealing floor plans. £ Drive out 16th St. to Kalmia Rd. and turn right to house. Owners—Builders Decoration is in exceptional taste Street and driveway are paved The location assures enhancing value The price is absolutely right—$11,950 We will make exceptional terms Massacauserts Park | West of Kalorama -Across Rock Creek. Mass. Ave. entrance at 30™ St. One Square east of New British Embassy The National Cathedral on west Sites for Individual Homes Priced from 150 per sq.ft.up Within 2 miles of White Fouse Locationand tou o never be e e By rarory oy For Additional Reasons We Suggest an Inspection Drive out Georgia Ave. to Montgomery and east to sample house. National Mortg. & Inv. Corp. 1004 Vt. Ave. Nat. 5833 WISCONSIN 2489 Day or Evening