Evening Star Newspaper, June 27, 1931, Page 20

210,000,000 EXTRA | DIVIDENDS JULY 1 Building and Loan Associa- tions Preparing for Semi- Annual Payments. July 1 will be “an extra pay day” for millions of peo r with the payment of se! nual dividends approximating $215,000000 to mem- bers of the savings, building and loan according to report mhde by the United States Building and Loan League. The income from building and loan ! savings will be pald to sbareholde according to the leag: REAL among associations country. The league organization of the nine-t building and lean business. Some associat a thousand mor ing building and loa this di idend date than the, uary 1, the survey indicates. ] First Half of Year. Dividends additional to those paid around July 1 must be included in ! estimating the entire building and loan | payments to members for the first half | of 1931, explains H. Morton Bodfish, executive manager of the league members of many associations querterly earnings. The gr jority of these co-operati financing institutions, however, Sully 1. 6r ‘the days Just preceding.. s | their half-year reckoning date with the systematic saver, he adds. “Shareholders will receive semi-an- | nual earnings computed at rates rang- | ing from 4'; to 7 per cent per annum, according to_the type of share they | hold, the prevailing investment and mortgage rates in the community | ¢ the association, the varying operation and the length of stment in the assoclatio dfish. “In every case th are receiving regular and substantial ! earnings for the money they have | saved, whether it be $10 a month, $20 | a week or two or three hundred dol- | lars put aside in a lump sum. Noticeable Increases. “Normal earnings of more than a ! fifth of a billion dollars by get | at the time when we see the first signs | of ® pick-up will help bulld that con- | fidence needed to hasten recovery. must be borne in mind that e funds are people’s own earnings, the | pmvnrm they recefve for their thrift, | for self-sacrifice for the future Sk ntic e Lasting Value! *8,150 Sample Open to 9 P.M. 1705 D ST. N.E. See It! Near Eastern High School IN A COMMUNITY OF ALL NEW HOMES! Six cheerful rooms, beautiful bath with shower, colonial front porch, screened breakfast and sleeping porches, hardwcod floors throughout, paneled papering, natural hardwood trim, best elec- tric fixtures, many electric plugs, large CIO%(‘L in each bedroom. “SEE THE DELIGHTFUL KITCHEN" Electric refrigeration, iatest im- proved gas range with heat con- trol, inlaid linoleum, dinette that folds away when not in use. Built-in Garage Landscaped Lawn—Brick Retaining Wall Your Inspection Invited! Waple & James, Inc. 1226 14th St. NN\W. North 0962 NEW DETACHED BRICK HOMES 7ROOMS, 2 BATHS Many new and attractive features. Large Lot—Garage Beautiful and Convenient Location "a 11,950 More House—Less Money! Sample 35 LONGFELLOW ST. N.W. Inspection Invited Waple & James, Inc. 1226 14th St. N.W North 6362 We Invite Your Application for a Real Estate Loan LOW INTEREST RATES COMMISSIONS REASONABLE COURTEOUS SERVICE Monthly Payments If Desired | ASSETS MORE THAN $40,000,000 | Prompt Amn- on Apphf Investment Department ACACIA MUTUAL LIFE ASSOCIATION ESTATE. 4 THE EVENING STAR, WASHINGTON, NEWBOLD & CANBY NEW REAL ESTATE FIRM Benjamin F. Canby Severs Connec- | tion With Schwab, Valk & Canby to Enter Partnership. 71 Benjamin J. Canby, who until re- cently was a member of the firm of Schwab, Valk & Canby, fealtors, an- nounced todey his affiliation in the real estate, brokerage and build- ing business, under the name of New- kbold & Canby. Offices of the new firm will be at 5626 Connecticut avenue, where Mr. Newbold has conducted con- struction business for several years. Mr. Canby has been active in the local real estate field for many years, having started here in 1909. In 1912 Phelps, realtors, with whom he re- he became associated with Boss & | D. C, SATURDAY, mained until 1926, when the Valk & Canby firm was orgal Mr. Newbold for the past nine yetn has been active in the local home con- struction field. He has built dwellings in Massachusetts avenue _extended, Connecticut. avenue, Chevy Chase and | Kenwood. BALTIMORE REALTY MEN : RETURN $2,500 TO CITY h | - Alfred T. Newbold, builder, as partner | Contribution for National Conven- tion Is Revaid With Interest From Remaining Surplus. Special Dispatch to The Star. of officials of the Real Estate Board of Baltimore surprised the Board of Esti- mates this week by returning in full a contribution of $2,500 the city govern- ment had made to the entertainment T hwab, BALTIMORE, June 27.—A delegation | =0 JUNE 27, 1931. fund of the convention here last month of the National Association of Real | Estate Boards. Peyton B. Strobel, president of the Real Estate Board, handed the board a check for. $2,505.96, covering tne prin- cipal and interest on the sum advanced by the city. Mr. Strobel told the board that a refund of 20 per cent also was being made 1o all the pr private contribu- tors to the entertainment’ fund. In advance of the convention the local realty men had drawn up an en- tertainment program which it was esti- mated would cost $15,000. Mr. Strobel said only $14.000 had been raised, but so many Baltimore people had donated their automobiles and other services that much of this amount remained unused. 3 Detached Brick Home ‘Mr. and Mrs. Ernest A. Swingle have purchased this eight-rcom brick dwell- | ing at 1440 Holly siveet, Shepherd Park. It was acquired from the builder, | G. 8. Seek, through the agency of Boss & Phelps. James E. Schwab and L'al"lsing Valk (formerly members of the dissolved partnership of Schwab, Valk & Canby) Announce the formation of a partnership for the conduct of a general real estate business under the firm name of Schwab =« Valk N With Offices Remaining at 1704 Connecticut Avenue THREE OUTSTANDING BUYS i Three Splendid Locations WEST OF 16th—NEAR VARNUM Detached Brick—$15,000 Built by L. E. Breunineer & Sans. apd containing four real bed rooms, two beautiful baths with she %c_cpen fireplace. concrete front porches. Attic over ent e. Every modern convenience. Lar garage.’ We have ne as good a buy in Washington. smaller home. NEAR 14th AND MONTAGUE Semi-detached, All Brick—$11,950 Four large bed rooms. two baths, every modern improvement, including elec- tric refrigeration. automatic hot-water heater, etc. Beautiful yard and shrubbery, brick garaze. Home in perfect condition. PETWORTH—ON WIDE AVENUE Semi-detached—$9,450 Four bed rooms. two baths. Evers modern improvement, electric lights and hardwood floors. Large lot, Afty beautitul rosebushes Every one of these homes is a splendid Investment, and we want you to inspect them. They originally sold from $2.000 to $6,500 more. Call us for auto service to inspect, or for further information. METZLER—REALTOR DEcatur 5800 1106 Vt. Ave. Sunday and Night Service—ADams 0620 3 221 2333233228288222838: Wil “trade for hot-water heat beautiful shrubbery, ineluding about Buy a Home With All Conveniences $7,650 Sample House, 1837 Bay St. SE. Between 18th, 19th. B & C Sts. S.E. Car Eastern High School G. E. electric cloek Hot-water heat (oversize boiler) Hot-water storage tank One-iece laundrs tub rooms ard bath ity Hleios poreh Hardwood trim idaire *electric dish washer heai—noiseless oil burner GARAGE Built-in telephone closet Built-in dining ret with benches Cedar-lined closet $60.00 a Month TERMS—$500 Cash 3500020, Steuart Brothers, Inc. Real Estate Construction 138 12th St. N.E. NEW ALL-BRICK COLONIAL CHEVY CHASE, D. C. : 28 ] nloy Street N. £13,950 Electric Refrigeration—Screens Fully detached, unusually at. Large Wooded Lot tractive all-brick colonial —JUST Paved Alley COMPLETED—with latest deco. Detached Garage rations and fixtures. Three large Open Fireplace cedar closets, two showers, serv. Two Full Tiled Baths ice toilet and new type space- Large Covered Porch eaving American Radiators. Y Finished Attic OPEN DAILY Drive East from Connecticut Avenve on McKinley St. DALLAS B. HAYS Eye St. N.W. Natl. 1427 A 1324 MAGNIFICENTLY Appointed New Brick Home in the Exclusive Upper 16th St. Residential Section—for the Exacting Purchaser. 1411 WHITTIER THE BEST VALUE WE HAVE EVER OFFERED 514,750 Superbly constructed of brick, stone and slate. Admirably located just off 16th St. in that section where values are so rapidly enhancing. Semi-detached, 9 very large rooms, 3 well appointed baths, maid's quarters, instantaneous water heater, cedar storage room, garage. English casement win- dows of plate glass lend a charm possessed by few homes. OPEN SUNDAY (One-half block off 16th) National Mortg. & Inv. Corp. 1004 V. Ave. Nat. 5833 BEAUTIFUL NEW CORNER IN MARIETTA PARK 700 Concord Avenue Delightful, New, Corner Home—English Type—All- Brick—Center-hall Plan. Large, bright, living room with handsome brick fire- place. Attractive side porch. Very large, beautifully tiled kitchen, Master bed room with cedar-lined closet and .cedar- chest window-seat. Two, beautifully tiled baths—one a regular stand-up shower. Attic insulated with Celotex. Hot-water heat with gas-burning fiirnace. Built-in garage. Three beautiful trees add to the at- tractiveness of the place. We also wish to call particular attention to the extra heavy grade of slate used on the roof of house—this is an rausual feature. PRICE, $11,950 Open Daily and Sunday Until 10 P.M. WM. SAUNDERS CO.. Inc. 1519 K St. N.W. District 1015 14709 Colorado Ave. N.W. f i Qverlcoking Rock Creek Park Drive Out 16th St. to Colorado Ave., West to House OBEN SATURDAY AND SUNDAY This home of surpa o beautty is an outstanding value, it is constructed of brick dnd stone, has a large center en- trance hall, an immense living room with stone open fire- place, a sun room, large dining room, breakfast room, kitchen and first floor lavatory. On the second floor there are 4 large bed rooms, 2 full tiled baths and numerous closets. There is a bed room, bath and storage room on the third floor. Oil heat, electric refrigeration and a 2-car built-in heated garage. Priced Below Construction Cost Tower 'Bldg., 14th & K 609 Nicholson Street N.W. “Marietta Park” Ideal high location of all new detached or semi - detached homes. This Home contains 7 Master Rooms 2 BATHS LARGE LOT Price Is Low—Terms An Your Inspection Invited (C. H. Gaskins, Builder) For Sale By Any Broker or Waple & James, Inc. 1226 14th St. N.W. North 0962 g $10,950 New Community Homes—Just Completed Six rooms, 2 baths, double porches, built-in garage hardwood floors, cedar closets, linoleum in kitchen, gZ-mgn: gas range. Model Home, 1370 Sheridan St. Out 16th Street to Sheridan Street, east one block, or Georgia Avenue, west ome block. HARRY WARDMAN 3610 Veazey Street (Two blocks off Conn. Ave.) CLEVELAND PARK Quality Homes in Quiet Residential Section A Lifetime Investment “Health Ray” shower bath de- signed exclusively for these homes— a real scientific improvement. Open daily until 10 P.M. for inspection. CHAS. D. SAGER Realtor—Owner—Builder 924 14th Street N.W, “Personally Supervised Construction” $10,950 Exhibit Home 1873 INGLESIDE TERRACE Drive out 16th St. to Park Road = and west to 19th, then worth on 19th one block to Ingleside Ter- race and kouses. Exhibit home opem daily until 9 P.M. Right by the Side of Beautiful ROCK CREEK PARK @ Distinctive new English-village homes . . . solidly built of all- hrkk. employing decorative face of nupeflor q\llllty . delight- fully situated in this excellent residential section . very con- venient to Mt. Pleasant shopping center and downtown district . with the vast timbered slopes of Rock Creek Park literally nrvln( as an immense rear yard. @ Full 20 ft. wide, 6 big, deep rooms, complete colored tile baths, cement front and screened double rear porches, built-in garages, huge cedar lined closets, double oak floors throughout, handsome colonial mantels with radiant heaters, paneled walls, bracket lights, big, bright TILED kitchens have inlaid linoleum. Sanitas ceilings, electric refrigeration and a dozen other features. All openings are screened; lots plentifully planted: street and alley ‘lre paved. @ Inspect this afternoon or Sunday and compare this remarkable yalue with dny mew svallable or ever before existing in this pre- ferred, refined section. Terms of ownership are as easy as rent. For Sale by Any Broker or B. H. GRUVER, Builder 927 15th St. N.W. Nat’l 1737