Evening Star Newspaper, August 1, 1931, Page 17

REAL PP PP LI I ILL LIl T ST L1711 A1 7T A T 724717 Nothing to lose but Much to gain by inspecting this house 1819 B St. S.E. Here is a home easily One Thousand Dollars under- priced. It's the kind bar- gain hunters or house specu- Jators buy. Six large rooms and tiled bath, in perfect condition and furnished with all modern conveniences. There is a large rear yard and a two-car garage. Exceptionally easy terms IBLAMES HYSTERIA {H: R. Daniel Says Investors |ing ta H. R. Daniel, who recently re- Robert W. Savage NI 717 Union Trust Bldg. N| Nat. 6799 | 'BETTER HOMES CANNOT BE FOUND! || At the Price Seeing Is Believing 8,150 £, | Terms Sample Open Daily to 9 P.M. 1705 “D” St. N.E. Near Schools and all con- ventences. Close to all Govern- f ment, Departments and Shopping §{ Center. S These Homes are compl every detail and equipped with i the latest modern features. Your Critical Inspection Invited! Waple & James, Inc. 1226 14th St. N.W. North 0962. NEW HOME 227 Concord | Avenue N.W. Comer Kansas Avenue 8 Rooms and Bath i Large Side and Rear || Lot Open for Inspection Floyd E. Davis Company 733 12th N.W. Nat'l 0352 New Detached Brick ! $13,750 Open for Inspection 3220 McKinley St. NW. ' Chevy Chase, D. C. Consider an Exchange | Beautifully constructed and designed, on a large landscaped lot with SHADE EES. Un- excelled location, Convenient to schools and transportation. There are six large, cheerful rooms. TWO TILED BATHS, big rear porch, paneled walls, artistic _fireplace, 1st FLOOR LAVATORY, exquisite interior decorations, Roger’s lighting fix- tures, maid’s and cold storage rooms, copper screened, slate roofs, etc. GARAGE. TERMS. J. E. DOUGLASS CO. | Exclusive Agent ! 1621 K St. N'W. i Met. 5678 ! TIME WELL SPENT! Semi-Detached Brick Homes They Are Different! ALL BRICK!! 8 Rooms, Breakfast Nook, Bath with Shower, Lavatory off Master Bed Rcom. Equipped with latest improvements. Rustic Stone Re- taining Wall. Sample Open to 10 P.M. 305 Longfellow St. N.W. Waple & James, Inc. Owners and Builders 1226-14th St. NNW. North 0962 TWO SPLENDID NEW HOMES n North Cleveland Park 3712 Yuma St. NNW. Detached Brick $14,750 3727 Yuma St. NW. $11,950 Semi-detached brick, 6 rooms, !some splendid opportunities are now | mortgages filed in June. i | the survey showed that nine cities re- ESTATE, FOR REALTY PRIGES Who Keep Faith Wil , Make Fortunes. A survey of the real estate bond situation makes plain that ‘“hysteria and mistrust are much more respon: sible for present market conditions than the actual fundamental® condi- tions in improved real estate.” accord- ed as vice president and direcior of 8. W. Straus & Co. to _become a gnner in the investment firm of E. . Babeock & Co. “Real estate bonds are. at. present g:--empun. most of the activities in e unlisted securities market.” said Mr. Daniel. “This is due to the fact that the holders of real estate bonds are flooding the market with these of- ferings not because there is anything wrong basically with real estate con- ditions, but because the business de- pression has forced mapy of ‘them to liquidate their holdings In order to get ready cash. The market thus hus beenm forced fo lower levels which in turn has added to the alarm of many of the holders of these securities, and through sheer fright they have been throwing over “ their bonds. * A viclous circle in the real estate bond- situation has thus been created which manifestly has El‘-lced improved real estate in a false ht with the public. |National Capital' Press Will Conditions Ymproving. “It should be borne in mind that Occupy N Street Plant basic conditions in improved real es-| t 10. tate really have been growing betfer | by Augus since 1926, At that time the excessive | At Dullding programs of the preceding| pyoteq at a cost of $280.000, the new fi ‘cam B e e o S And, 1t 35 home of the National Capital Press. at uring | 301 N street northeast, was completed 1082 uring the last five years has been | esterday and will be occupied by the Pl timen bt Juirements of | firm by August 10. The printing estab- O femes. [Duting the last five |)ihment was forced to vacate its prem- a good, Bolid - 'foundation have "bees |ises at 1210 D street, owing to expan- going on. sion of the Federal Government’s build- “Since the beginning of the present ing program in the iriangle. "The D business depression more space, of | Street Property is a part of the Site be- course, has been avallable, but this is g | SRR nsueyizGeyiORce D= s % partment Building, T e ae- "Thé new home of the National Capital by reason of the slower building activi- Fress s & modern factory bullding, tes Quring the last five yvears: should | €duipped with air-conditioning appa- come back rather quickly, ratus, which is linked with the heating “These are the points which the | system. 1n addition to large windows holders of Teal estate mortgage bonds | ©O7 four sides of the building, the roof should not overlook. They mean that | PRIVTING COMPANY - BULDING FINSHED is_equipped with saw-tooth skylights, with windows on the north slant, to avoid direct sun rays. The building. which is three stories hefght, contains a total of 51,000 It is of re- cgmuucuon available for those who have the vision 804 aith o go along with the situa- | lon. our opinion that many = fortunes are now in the making by |Square feet of floor space. those who are teking advantage of the | Inforced concrete and steel present situation in the real estate bond | 204 has wood block floors throughout market and are picking and choosing | !0 Withstand heavy _trucking. - The issues that now nre selling far below Structure is equipped throughout with their intrinsic worth.” | automatic sprinklers. Real estate mortgages recorded Lnl Utilizing street and alley grades, de- the principal urban districts of the lVEY entrances are located on the first country in June declined 26 per cent | 80d second floors of the building. A 10 Volume from the total of the sy | freight elevator also has been installed. month a year ago, according to a ‘The tract of ground on which the monthly compilation’ issued by Neleon. | uilding has been erected is sufficiently Hunt & Co. of Chicago. This June aa | 18Tge to allow & 50 pe® cent expansion of the building, which is tentatively May, this soap, PCT cent below that of contenplated for some future time. The plant was built by the Charles Decreases Shown. ‘H Tompkins Co., from plans drawn by ‘Tabulation of official reports from Edward L. Bullock, architect, selected representative metropolitan dis- tricts, comprising more than one-half e of the urban population of the United MARY NOLAN OF SCREEN States covered in the survey. showed | FILES IN BANKRUPTCY a al o » , In real estate Thirty citiea.‘ S c for which comparative data were avail- . able, reported a total of $163,819,267 in | Former Show mortgages for June, this year, as against |. $222,285,325 in the same month in 1930. | Analysis of the figures compiled in girl, Tmogene Wilson, Lists $92,796.03 Liabilities and Assets of $2,998. porbednnI ll Euln 1n‘ .)\:r;‘e ovfr the (s-mel | By the Associated Press. mo! ast year in the volume of real NEW YORK, August 1.—Imogene estate mortgages filed. Buffalo, with 1 Wilson, the showgirl ;‘:hn became oflur_v a total of $7,868,788, more than doubled | Nolan of the movies, yesterday filed a its volume for June, 1930, and the petition of voluntary bankruptey, list- Oklahoma City toial of $3.098.075 rep- | ing liabilities of $92,796.03 and assets of resented a_gain of $2,500,000 over A $2.998. year ago. , Kansas City, Kans.; |~ Among creditors listed are Universal Grand Rapids and Rochester, N. Y. | Pictures Corporation, Dr. E. C. Fisch- showed increases cf more than $500,000 bough, the Good Samaritan Hospital, over June last year. Omaha’s total was Dr. C. T. Surgeon and Dr. Harold Van $300,000 larger than last year, and slight | Meter, ail of Hollywood. gains_were reported by St. Paul and| The St. Moritz Hotel, where Miss New Britain, Conn. | Nolan_resides with her husband, Wal- The greatest loss in volume of realty | lace T. MacCrery, jr., a broker, also is mortgages was reported from Pitts- | listed for a debt of $75 burgh with a total of $6,325,022, repre- | senting a decline of 69 per cent from | June, 1930. _Cleveland, with a.total of | $6,892,243, was 67 per cent below last ol | ONLY ONE AT THIS PRICE! i . = || Fulty Detached Brick Homes ARBUCKLE TO REMARRY 7 Rooms—2 Batht—Garage ; a | Lot 35x150 Addie McPhail, Actress, to Be For- mer Comedian's Bride. High Elevation Open to 9 P.M. LOS ANGELES, August 1 (#).—Ros- coe (“Fatty”) Arbuckle, former motion 37 bongfellow St- picture comedian, now & movie director, and Addie McPhail, 24, film actress, will N.w. Marry. this Fall, afier’ Arbuckle is di- vor present_wife, Educa- tional Pictures: announced yesterday. Waple & James, Inc. Miss McPhail was born .in White | 1326 14th St. N.W. North 0962 Plains, Ky, and was educated in Chi- A New 7-Room Brick Home ¥ you rent the average 4-room apartment you can take your present monthly ouflay . . . plus a modest cash payment and become the owner on Monthly Payments Equa’ to the Rental of a 4-Room Apt. ONLY $9,350 . . yet nearly half of your payments tures include copper screens for all“openings, big cedar-lined closets, double oak floors, complete variegated tile baths, paneled walls, cement front porches, Westinghouse refrigeration, inlaid linoleum on kitchen floors, walls in 2-tone Sanias, beautifully landscaped lawns, paved street and alley. Come cut today. We believe you'll decide to own one of these homes . . . be more comfortable and saye money. Also 8-Room Corner Home All-Brick, Center-Hall. Plan " 2 tile baths, features sim- 7lar to those above Priced at $12,500 Model Home—5604 Kansas Ave. Jarniehed and M. B. Moses & Sonn Decorated by... @ Drive out 16th, 13th or Georgia Ave. to Madison, thence east to Kansas Ave., or take 14th St. car marked “Takoma” or “Sheridan St~ Get off at Lomgfellow al building program. rs) Usy Structure built by the National Capital Press at 301 N street northeast to replace its former home at 1210 D street, now being razed to make way for the Fed Capital Group Enjoys Outing Trip ‘to Gibson Island. | A.group of Washington real estate |men were guests of the firm of Stone & .Fairfax and the Gibson Island Co. | of Baltimore at an outing Wednesday at Gibson Island, in Chesapeake Bay. The {day was devoted to golf, tennis and s | Island Club. Among those attending were George L. Borger, G. Calvert Bowie, Arthur Browne, Britten Browne, Arthur Carr, president - of the Washington Real | Estate Board, Albert Fox, Randall H. | Hagner, Reeve Hoover, Willlam L. | King, John F. Maury, John T. Meany, | Robert Montgomery,” Carl G. Rosinski, | H. L. Rust, Emmons S. Smith, jr.; Hor- ace Smith, Marbury Stamp, Charles P. | Stone, James Strayer, John H. Tabb, L. A Townsend and H. Spottswood ‘White. 'BUILDING CONTRACT VALUES ARE HIGHER Increased Total for June Revealed in Middle Atlantic States Despite Seasonal Trend. Moving slightly against & seasonal trend, June produced a higher value of construction contracts awarded in the Middle Atlantic territory than did May, according to reports by F. W. Dodge Corporation. ‘This territory, which is comprised of Eastern Pennsylvania, Southern New Jersey, Maryland, Dela- ware, District of Columbia and Virginia, Tegistered a total of $32.128,800 in June contracts awarded, against $31,850,000 in May. Non-residential building formed the most important proportion of June's total with $15,821.700. It was followed by residential building with $8.839.800 and public works and utilities with $7,467,300. The District of Columbia made an exceptional showing, with a decided advance fn June over both June of last year and the current May. Its $7.440.- 600 for June is compared with $4,550.000 | for May and $5204.500 for June, 1930 | Likewise, the District’s six-month record bettered the same pericd of last vear. | Outstanding city totals in June were those for Philadelphia with $2,741700, Scranton with $206.700, Baltimore with $2047,100 and Wilmington with $770,- , followed by dinner at thel .REALTO_RS.AREHGUESTS CAPTUREW(;(V)NAT:EST FOR BETTER HOMES Santa” Barbara, Calif., and Ames, Iowa, Share Honors at Top of National List. Santa Barbara, Calif., was the win- ner of the first place among cities, and Ames, Jowa, won the first place among smaller communities in the 1931 Na- tion-wide better-homes campaign, it was announced today by Dr. Ray Ly- man Wilbur, Secretary of the Interior. Dr. Wilbur is president of Better Homes in America, which each year £ponsors a program designed to siim- ulate interest and activities leading to | improved housing conditions .and home |and community life. Awards for recognition of the edu- cational programs staged by communi- ties in the various classifications were made this year by a committee consist- ing of Mrs. William Brown Meloney. vice president and founder of Better Homes in America; Dr. Hugh S. Cum- ming, surgeon general,” United States Public Health Service: Dr. Louise Stan- ley, chief of the United States Bureau of Home Economics: Victor Mindeleft of Washington, a fellow of the Ameri- can Institite of Architects, and Prof. Niles Carpenfer, Department of So- clology, University of Buffalo. The programs each year culminate in the observance of Betier Homes week and are judged on their merits as adapted to the needs of the community in_which the canffipaign is conducted. This, movement, sponsored by Presi- dent Hoover, who served as its pres dent and laier as honorary chairman, is non-commercial and is designed es- pecially to assist families of modest means in attaining the highest possible living standards. PATE LEASES FLOOR Brightwood Agency Planned in Masonic Bullding. ‘The first floor of the Brightwood Ma- | sonic Temple Building, at the inter- section of Georgia and Colorado ave- nues, has been leazxd by Lester C. Pate. formerly of Barry-Pate, who sold his interest in thas firm some time ago and has established a new agency under his own name. The property in Brightwood, leased from Stansbury Lodge, No. 25, of the Masonic order.. through the office of Thomas E. Jarrell Co. mow is being remodeled from plans drawn for the lessce. SATURDAY & SUNDAY 3309 MORRISON STREET CHEVY CHASE, D. C. Drive Out Conn. Ave. to Morrison, East to House Detached all-brick home. On the first floor there is a large living room, with open fireplace and built-in book- cases, ‘a well proportioned dining room, large kitchen, with furnished breakiast nook and electric reirigeration. Second floor has three bed rooms (all large), two full tiled baths, finished attic, with easy stairway. numerous shade trees. gutters and downspouts and is fully screened. \ brick garage. House has Large lot with slate roof, copper Detached e . HLG. Smithy Co, » = - Charming Homes Just North of Cathedral and West of Conn. Aves. 2913-15-37 . 28th St. N.W. excelled ern in every detail in appointments, having been built within the past few The years Truly delightiul homes in an un- location. ~Thoroughly mod- and interiors completely reconditioned. are attractively ar- SATURDAY, AUGU T4, 193%, ECONOMY STUDIED INHOME DESIGNS U. S. Conference on Housingv Plans Program to Aid En- tire Nation. Better designed and more ecdhomi- | cally built homes for families with low incom:s will result from the work of committees now functioning under the| direction of the ‘President’s Conference on Housing, according to Willlam Stan- ley Parker of Boston, fellow of the American Institvte of Archit:cts, and chairman of the Committee on Design | {[| for the conferehce | “Home constrifction in every phase L[] will be studied intensively,” asserts Mr. | Parker. “What we shall seek to find | are the inefficiencies the uneconomic | (1] elements which account for mounting {1 costs in the development of housing| /| units in different sections of the coun- | A4 try today with a view to seeing how | AN those can be reduced or eliminated. Work to Be Thorouigh. “*The. final conference is. to be. held’| when all the committees have completed their studies. It will not be casual, but will be as technical and as helpful as possible, This m-eting will bring to- gether some thousand persons, with sev- eral thousands co-operating. “The present activity in the whole fleld of home bullding and community | building is quite exiraordinary. 3 4709 COLO A Home of Rare Charm Certain conditions make it possible to offer this pretentious new home at many. thousands of doifars less than the original brice. You can now afford_to own. the home You want at less than you expected to pay Brick and stone construction with siate roof, Engiith desizn and center- nanl pins ‘with of more than generous’ size. Beaulifiily colored bath: ot b Fimen e Brepiace framed by el : Sun Bario ct "Sverything you would want i a hose | 0Tt bookeases; Drive out 16th St. to Colorado Ave., west to_hous Open Saturday and Sunday 2ty paper articles are appearing. The stead- ily increasing interest that I have found both inside and without the profession | in the work that the profession is try- | ing to do, however inadequately, through | the Architects’ Small House Service Bu. rzau; the active discussion among bank- ers on how to handle their foreclosed properties, the keen discussion among the loaning agencies in regard to the need of sup-rvision, and the great strin- gency in the market today for funds or speculative building. are all creating a very healthy stop-look-and-listen # titude of mind on the part of the loan- ing agencies and th> realtors. “Many scholarly studies are being fos- tered not only by independent techni- T clans, but by various journals. All of yayree this is epitomized in" the President's S Confersnce on Home Building and $7,500'—3611 T Street N.w. : Home Ownership. Seek Practical Values. A “Burleith” home, good as new, in a refined neigh- borhood. The outstanding buy in this community. $7,950—318 Taylor Street N.W. going to come out of that and just what it was; whether it was just another ges- A twentv-joot wide, colonial home, near beautiful Grant Circle in Petworth. ture, a reference to a commission; how garage. $7,950—2042 37th Street N.W. whether it was going to be a casual dis- rooms and bath, front and double cussion or a technical study. rear porches, built-in garage. On high elevation, nice To Whom It May Concern: We decided to put SIX homes in perfect, new-house condition, and price them to SELL. We have only THREE left today. “There's a Reason"—we invite you to see for committees have begun their meetings. These will continue over a period of months or perhaps a y:ar “The Committee on Design at pres- ent has between 20 and 25 members, all architects and all members of the in- stitute but twd, scattred broadly so as to represent the different sections of the country, striving to get a picture of the basic problems underlying the question of design. “We are not dealing with the super- ficlality of design, of architectural treat- ment, but we are trving to get at the economic foundations of design, the controlling elements that should adhere in a sound solution of th> development of housing units for the lower income groups.” Six rooms, porches, bath and Six Colonial ‘The intention of the conference is a and cool. serious one. The preliminary st:ering OPEN 3 TO 9 P.M. SUNDAY Man, 92, IIl First Time in Years. AKRON, Ohio, Angust 1 (#.—Levi Morgan, who celebrated his ninety-sec- ond birthday last Fall. was confined to his bed vesterday for the fust time, he can remember. He fell out of a peach tree. 1435 K St. N.W. Nat. 2345 i i B , Jd/'a[nqr Chevy Ie Z7 ' 133 Hesketh St. $20,000 RESIDENCE of out- standing individuality and charm, situated on a lot having 65 ft. frontage on a paved street. % *Architecturally the hom: -is_an interesting departure from the usual, and incor- porates’ many features’ that reflect unusually thoughtful planning and tasteful deco- ration. The Property Originally _ Sold for $31,500 There are 8 rooms, 3 baths and built-in farage. ceilinged living room has French windows and rafters of hewn timber. Front balcony off master bed -room has heavy timber work ql Georgia pine. A list of special construction features is shown above. Roof of terra cotta tile in 4= color tones—by Ludewici- Celadon. Copper gutters, spouts and roof flashings. Steel sash throughout. All woodwork especially de- signed. All- hardware_ special ham- mered iron. Norman fireplace of strik- ing design. Tile work in baths in color tones. Built-in fixtures. Heating system hot water, O with Thrush closed system pe n and Qil Burner. Sunday 2 to 6 ranged with reception hall, large liv- ing room with open fireplace, fine dining room, bright kitchen with rub- ber tile flooring, three splendid bed rooms, 2 tiled baths and ample closet DAILY space. Other fedtures include 2-car 2'TO % PM. garage, screens and awnings. Natl. Mortg. & Inv. Corp. - 1004 Vermont Ave, Nat. 5833 2 baths, 3 porches, garage. and,malk 1 block east—model home opew every day wntil 9 pm. ooley Bros. "BUILDERS OF BETTER HOMES" Drive 2 blocks west ow Grafton St. from Chevy Chase Circle, one square north-to Heskoth 1., and turn left to house 4 ,$13,500 OPEN ‘These homes are very unusual values at the prices quoted—in- spection will prove their real ‘worth, WL Rust Company 1001 Fifteenth Streer National 8‘I.00 Open Sunday and Daily Drive out Wisconsin Ave. to Yuma to how. from St. and east ses” or Conn. Ave. by Bureau of Standards To S7en" ST, and morth 3 bloeks. IWm. M.Throckmorton| Investment Bldg. Dis. 6093 Tower Bldg. _Nar’l 9240