Evening Star Newspaper, February 15, 1930, Page 18

B—4 BUILDING OUTLOOK | DECLARED BRIGHT {Total Expenditure Expected to Approximate More Than $8,000,000,000. Outlook for building construction in 1930, according to the P. W. Corporation, is for a total expenditure of approximately $8,514,000,000, which ‘would be well in excess of the total for 1929 and about the same as the aver- age for the past five years, 1924-1928. An examination of the make-up of the estimate for 1930 shows the following major changes as compared with 1929: Miliions of Dollars. Commercial buildings. Industrial buildings. . Educational buildings. Hospitals and institutions. Public buildings Religious and memoris Social and recreations ‘Total non-residential Apartments .. Dwellings Two-family houses .. Housing developments Hotels ‘Total sasidential Public works and utilities . Miscellaneous new Remodeling, etc. .. @hnd total “It will be observed that the largest increases are in residential building and public works,” the report states. “With an easing of mortgage-money conditions, it will be possible to finance residential building at reasonable costs, and the retarded activity last year has helped to correct the conditions of oversupply that then existed. There is a very considerable demand for pub- lic improvement projects, both build- ings and engineering works, and the President’s conferences have tended to speed up work of this type. Municipal financing is again possible at normal| Pigtyresque French Structure Tates. Other estimates on building con- struction this year are in line with the Dodge but do not go so fully into getail. A survey by the Engineer- ing News-Record indicates that con- struction in 1930 will “easily eq if not exceed, figures of 1928 and 1029. The Department of Commerce fore- casts $7,000,000,000 of public works and utilities construction in 1930. The Cop- and Brass Research Association es- tes a national building program of 1 di- ,050,000,000, vompared with $800,000,000 in 1929. BASIL LINTHICUM JOINS TRUST COMPANY STAFF Js Named Sales Manager of Real Estate Department of Institution. il C. Linthicum, formerly asso- ehnvz“d with the firm of Shannon & Luchs, Inc., has been appointed sales manager of the real estate department of the Was| n Loan & Trust Co., it is announ by Alfred H. [muanf real estate officer and vice president of the bank. Linthicum will take up his new work Monday. He will handle sale of invest- ment properties. Mr. Lawson, who will retain supervision of the department, is president of the Washington Real Estate Board. AFTER 50,000 MEMBERS. Detroit Real Estate Board to En-| large Owners’ Division. A campaign for 50,000 members for ! its newly formerly property owners' di- vision will be instituted early in March by the Detroit Real Estate Board. Membership will be drawn both from the owner of small real estate hold- Tares Ivestment Broperty interests. investment proj : ‘The follo subjects have aiready been_outlined for early attention from the Detroit property owners’' division: ents, special assessments, con- demnation procedure, transpostation, river front development, city planni reduction of insurance rates, municipal expenditures, and local, State and Fed- eral taxes. In_a preliminary membership drive the Detroit board has already enlisted 500 property owner members. Detroit real estate which local property own- ers represent has an assessed value in excess of $3,500,000,000. DORMITORY STARTED. Excavation Begun Early on Georgetown University Structure. Excavation work on the new dormi- tory building at Georgetown University was begun this week, a weck ahead of the scheduled time. The building is being erected on the old athletic field at the right of the entrance to the college grounds, and the contract for the excavation work was awarded to the Loomis Construc- tion Co. This building is the first unit of a new quadrange which the university will erect at total cost of $2,500,000. ‘There will be four buildings in the group. CHANGES POSITIONS. Horace W. Talley Goes to Carl G. Rosinski. Horace W. Talley, who has been em- ployed in the business property leasing department of the firm of Shannon & Luchs, Inc., for nearly five years, has b;come associated with Carl ski. He will specialize in the leasing of downtown business properties, it is an- nounced. Mr. Talley is a native of ‘Washington and was educated at Cen- tral High and In the business administration school of Maryland University. London society has a new gambling game, in which bets are made as to when a watch will stop without further 1lndinl. 10 SOLD—1 LEFT WOODRIDGE (A Community of Home-owners) 3914 21st Street N.E. 1 lots, . colated tile bat Open Till 8 O’Clock J. DALLAS GRADY 1010 Vermont Ave. N.W. District 9179 G. Rosin- | REAL ESTATE. CORNER LOT SUITED 10 COTTAGE TYPE Should Have Garden if Built Inside. A corner lot is the most desirable location for this picturesque French cottage type home. If built on an inside lot, sufficient space should be allowed for a small rose garden outside the living room window, and a suitable setting is essential to the full beauty and charm of the design. All bed rooms have cross ventilation and the living room and master bed room are on three sides. Halls of spacious proportions give easy to all rooms on both the first and second floor. The kitchen and dining alcove combination also are ventilated from three sides. Built-in conveniences are provided in kitchen and alcove, and ample closets included on both floors. The rear entry is another excellent feature. Buff or white stucco with the door and blinds in green is the pleasing color scheme for the exterior. Gray or red shingle tile is recommended for the roof. Box bushes on both sides of the entrance are additional spots of color. A wall of the same color as the house walls around the garden would add to the attractiveness. Estimates of construction cost in com- munities of medium size average about $8,000, and lower in the smaller cities, depending upon choice and grades of materials and prevailing wage scales. AGED HOUSES PRESENT OPPORTUNITY FOR PROFIT| Out-of-Date Homes Offers Fine Remuneration for Amount Expended. BY WYATT BRUMMITT. ‘There's nothing drearier than a house that hasn’t been kept “alive.” Every community has its “haunted house,” which is nothing in the world but a perfectly good house gone gaunt, un- used and therefore mysterious. | A little intelligent planning and the | investment of a few dollars, judiciously spent, would revive that haunted house and make it a home again, full of com- fort. cheer and usefulness. ‘The haunted house is an extreme case. There are many others which haven't lapsed so far. They've depre- ciated in value a little because they're architec ly out of date or because they don’t afford the safety, conven- ience or comfort modern people have a right to demand. Such houses offer ex- cellent opportunities to profit through modernization. Modernization of THE EVENING STAR, WASHINGTO FRENCH COTTAGE PLANNED FOR CORNER LOT We Guarantee —the quality of DUPONT TON- TINE — without hesitancy we say “WASH IT ONCE OR "A HUNDRED TIMES,” it will not lose its beauty or desirability. Fac- i I tory prices save I W ‘ you money. Il 1L i oty e e e L sy Fane - Homes in Petworth Priced From $8,250 Up e : Inspect at Once 415 to 445 Jefferson St. N.W. 6, 7 and 8 large rooms, tiled bath, built-in tub, shower, hardwood floors, cedar - lined closets, servant’s toilet and wash trays. Frigidaire and other modern appointments. Double rear porches and concrete front porch. .Paved street and alley. Lots 140 feet deep. Garage with each house. Conveniently located to schools, street cars, oty 0 28 T * EASY "I‘ERMS stores and churches. Thos. A. Jameson Co. OWNERS and BUILDERS | 906 New York Ave. N.W. Nat'l 5526 Miller Designed and Miller Built in garage. blocks to 46tk St. W. C. and A. N. MILLER 1119 17th N.W. Wesley Hrinhts The Garden Spot of Washington \ 5 4525 GARFIELD ST. N.W. Cor. Garfield and 46th St. JUST COMPLETED—This beautiful and spacious all-brick Colonial Home of nine rooms and three baths with two-car builte Located on a magnificent corner lot on one of the highest elevations in Wesley Heights. Motor out Mass. Ave., cross Wisconsin Ave. and turn immediately left into Cathedral Ave. to 44th St., then left two blocks to Gnfi:lq §t. and right twe OPEN SUNDAY 10 A. M9 P. M. The New Jmeson-Bui N D. C, SATURDAY, FEBRUARY 15, 1930. DEPLORES PRESENT CONTRACTSYSTEN Unrestrained Competition Building Evil. Unrestrained competition is an evil of the bullding industry, according to C. Herrick Hammond of Chicago, president of the American Institute of Architects, who urges closer industrial relations be- tween architects and contractors to eliminate waste and to promote higher standards. “The prevailing system in this coun- try of selecting a contractor by com- petitive bidd'nz often fails to accom- plish the very result for which such competitions are held, namely, to se- cure the best contractor to do the work,” Mr. Hammond declares. “Unrestrained competition in the building industry is an evil. Many evils of the industry are the result of the unfair competition that comes about gh the necessity of accepting bids from contractors of unequal standing and ability. “I believe, and most architects, I am sure, would agree that the ideal way to build a building is to select a contractor who by his experience, his ability as a builer, his organization, his equipment and his financial standing, is best qualified. “In this case, the builder, the archi- tect and the owner may all join in the effort to secure a standard of work, a speed of construction and an economy Doctor or Dentist Illinois Ave. and Farragut Sts. N.W. A new 8-room modern corner home built for resi- dential and professional use, in the heart of a fast growing community, The doctor’s suite has 2 rooms and lavatory and a sepa- rate entrance. The resi- dence has a large concrete front porch, six cheerful rooms, two-tone bath, built-in tub and shower. Beautifully decorated throughout with hardwood floors and trim, oil burner, Frigidaire and all other modern conveniences. m—— 14th & K 000000000000 00000000000000000000000000000000000000000000 24 N e M T D Y RS NN D G B SO C. Herrick Hammond Calls| Two Outstanding Offers! Open Until 9 P.M. CAFRITZ of cost which is rarely possible when the general contractor is secured by competitive bidding and thc award made to the lowest bidder. “At one time in Chicago a survey and | estimate was made as to jusi how much | competitive bidding cost the building industry. ‘This estimate resulted in | showing that an average 3 per cent was | the cost of this system of Se;l;l;mg esti- mates and selecting a gel con- | tractor. Last_year the total cost of | buildings erected in the Chicago dis- | trict was over $300,000,000, which makes the enormous sum of approxi- | mately $10,000,000 as the cost of esti- mating in Chicago for that year. | “As each contractor secures only a small proportion of the contracts on which he makes estimates, a great pro- tion of this expense is wasted, but at | the same time is added to the overhead | expense of each concern involved. This | lays a heavy tax on the owner. | JANUARY EQUITABLE ! LOANS PASS 7 MILLION, $2,000,000 Loans on 242 Farms Made During Month’s Period. Residence property loans totaling $7 965 were closed during January by the Equitable Life Assurance Soclety of the United States, it was announced yesterday by Charles J. Martin, man- ager of the society’s mortgage loan and real estate department. Loans on 242 farms were closed for nearly $2,000,000 during the same period. Hsuslng facilities were provided for 1,624 families under all classes of loans, which totaled $9,016,215 and were | spread over 187 communities in 40 | States. — =, ‘To celebrate the operation _last the Netherland Railways have paid a bonus of 10 days’ wages to employes. SIXTEENTH STREET HEIGHTS 7 Rooms, 2 Bath Rooms, 2-Car Garage Only $14,750 gDy home with an usually — snappy ot "D roof 4 t etal o ipped. OPEN FOR SPECTION RN &% Tst off Alaska at 1214 Ty s 7. C. Kremkau Builder and Owner Phone Georgia 1913-M Phone Georgia 3812 411 Emerson St. 6 Rooms—3 Porches Lot 142V Ft.—Garage Mere words will not do justice to this beautiful 20-ft. home. You must see this one to really ap- preciate it. A BT RRTER R W o Massive con- crete front porch, recep- tion hall with coat closet and mirror door, master bedroom, large ~kitchen, built-in cabinets, one-piece sink, Frigidaire, trays, latiidsy instantaneous hot- water heater, paved street and alley. Dist. 9080 . 7 Paying for Guests You Never Have! An extra room for the convenience of occasional guests is needless—it means you are paying the ex- penses of guests you never have, at times when the room is unoccupied...At Woodley Park Towers one may have the convenience of additional rooms when required—without cost at other times. Apartments of Exclusive Advantages at ODLEY A RS favorable financial | 0000000000000 00000000000000000(00000000000000000000000000. Realtors—Builders i Decatur 0610 2737 Devonshire Place N.W. Connecticut Ave. at Klingle Road Bridge Provide every convenience of the modern hotel in combination with home privacy ... The unique design of this recently completed building makes every room an outside room with unimpeded freedom of outlook, and lends to each apartment the exclusiveness of a detached home. Home-making facilities are unequaled in conven- ience, and one may have the service of a modern hotel staff when desired...Overlooking Rock Creek Park, the atmosphere of a country home is combined with the advantages of down-fown loca- tion, and garage facilities are provided, on the premises, for each tenant. Representative in Attendance. Open For Inspection Daily Until 10 P.M. REAL ESTATE. CHEVY CHASE, D. C. — First Showing — IMPOSING NEW CORNER BRICK 3229 Morrison St. N.W, Prominent corner in excellent section of this exclusive community with long frontage on two streets. ‘EVQ!! facility—large living room, open xl’!- 10-11 in parlor, large open porch, four rooms, four cedar closets. 8. also mald's room ane t] tric refrigeration: ¢ y complete. Drive right on M from Conn. Ave. to CHEVY CHASE, MD. $14,750 3 TAYLOR STREET JUST OFF CONN. AVE. A O “wanderTally landscabed ot of wige } ,_including _open A"!Ehte. two tlYe bal loored attic. Driv hardwood floors, Bt. and our sign. Open and Heated ALL Day Sunday 3. €. Bouglass Co. Realtors 1621 K St. N.W. Metropolitan 5678 wo-eat 33rd. ni c) ut_ Conn. Ave, to Tayior ‘CARL G. ROSINSKI Realtor Wishes to Announce That HORACE W. TALLEY the property leasing department of Shannon & Luchs, Inc., is now Formerly with business associated with his office. BUSINESS PROPERTY LEASING Woodward Bldg. National 9254 BEAUTIFUL HOME Just Off 14th %9,750 1347 SHEPHERD We have just put this house in excellent condition— and offer it at a price far below that you would expect to pay for so exceptional a property. Six very.large rooms and bath, double rear porches, excellent hot- water heating plant, new electric fixtures, new all. white porcelain stove, good lot, garage. We will make terms to please you. We suggest an early inspection, for such a value is not apt to be long a INSPECT SUNDAY National Mortg. & Inv. Corp. 1004 Vt. Ave. Nat. 5833 Strikingly Individual Home with frontage of over 200 feet One of the most livable homes in the fashionable upper 16th St. section, offered for a very definite reason, at a surprising. ly moderate price. 4220 17th Street (Upshur & Varnum) Breuninger-built, of brick and tile construction. Center-hall plan, having 5 bed rooms and two tile baths on the second floor, and a most spacious first-floor layout, including an immense living room the depth of house and also a solarium. Other features include a bright basement with finished billiard room, latest type oil burner, big attic with stairway and 2«car garage, ¢ Open Sunday Reached via 16th St. to Varnum then west to 17th Indeed, a remarkable home in every re. spect and a value we highly recommend, AL & ansbury ING, Realtors 1418 Eye St. N National 5903