Evening Star Newspaper, December 12, 1931, Page 19

REAL ESTATE. THE EVENING STAR, WASHINGTON, D260 SATURDAY, DE CEMBER 12, 1931. THOUSANDS VISIT SILVER STAR HOME Residence at Spring Valley Opens Second Week of Exhibition. n arranging th onstration spon- of a group of home James S of build- Department of e Stanley, chief of Home Associa- and A rmer Jame and ¢ the me Protection Aga refine- of com- in the ba e room whic arge run and is portion of the the authentic living ned to_afford as other expected the basement, is reached by i ing down from in the front lavish treat- floors of the is and the two main is apparent at a first giance ft of the main hall one finds a e size, rich in treatment ious built-in bookshelves, huge eplace and partly paneled walls Has Three Exposures. brary has three exposures, with windows on the front side and xposures, protiding ample natural g quring daylight hou cious living room e entrance hall ures is to the with front and the dining room it has an outlook A servants’ ball room, connects en, at the right the en- nd rway from one to the visitor finds a r e bath and pri- pboards, a sitting room, and three addi- bed rooms with two large baths rd foor are three well pro- seriants’ rooms and bath, in o spacious storage space HOGE REALTY OFFICES MOVED TO 1627 K ST. First Floor of Chateau Bonaparte, Built by Xinsman of Napoleon, Leased. st floor quarters in the Chatean Interior One portion of the I Wesley Heights BIDDING PRACTICES REVISION URGED High Building Costs Laid to Billion-Dollar Waste in Industry. Annual for reform man- idding prac- building costs cities, he esti- ding codes were He further points A of May 1 and Octo- ving days should be exploded for the public’s sake, since work toward these two dafes in- crea-es seasonal dullness. The importance of inquiries into waste and undesirable practices will be realized, since authorities estimate that the loss in wealth due to these twin ills of cur business approaches the taggering sum of $1,000,000.000 each year Mr. Harris says. “Able ol servers have stated that managem is responsible for 65 per cent waste in the building industry for 21 per cent; plans and inter relations, for the balance The entire competitive system of cur buciness is based upon the false and uneconomic theory of the low bid as the basis of award without regard to fitness, experience, financia ber 1 as fixed m labor roup stand- SAERRPRELRNEERRYINRERURRE ng room of the demonstration house at 4929 Rockwood Parkway in the Spring is open or character,” “The has estimated millions of gh the low-bid Reform in the unfair and wasteful »mpetitive practices in the award of public business can only come through remedial legislation in the various slative bodies nal, State and ocal. An ar-used public opinion will force action in this direction becau if taxpayers knew how very costly the present “system is they soon would bring the matter to the attention of this authority State architect that dollars tem con- of New the State annually the politicians.” STARKEYS-BUY HOME Mr have and Mrs. purch; 5448 Thirtieth Randall P. Starkey the new dwelling at place, Chevy Chase, from PFred W. Horton, builder, it announced by the office of Willlam Co., Inc, which handled the se contains seven main rooms s situated on a lot ing a front- f 40 feet and a depth of f about feet. The house is of brick construction with a portion of the ex- terior timber. SREENUINYINEERERRRRERRRES finished in stucco and half- ] @ ! PRARRYENER RN Southern Exposure Attractive Brick ) INSPECT 1218 Qates St. N.E his is nicely planned six-room perfectly nd Open Until 9 P.M. ROBERT W. SAVAGE o} Union Trust Blds. Na. 6399 @ % E % | ABSOLUTE PROTECTION When you hold a title policy of this Com- to the public under auspices of The Star View of New Silver Star Home | alley of the be TWO HOMES PLANNED Waple & James to Erect on Madison Street two-s brick block of Madi beey filed wi inspector by The cost of 2t $15,000 Residences constr dwelli WEST OF 14th ST. Just Like New! 1419 SPRING ROAD N.W. Open Daily to 9 P.M. YOUR OWN BROKER BUILDING HELD AID TO RECOVERY Chairman of Oil Burner Group Says Hoover’s Plan Will Speed Up Business. | Resumption cof home building by the | tion will be one of the most power- | forces in speeding business Tecov- according to W. C. McTarnahan, | irman of the oil burner group of | President Hoover's Organization on Un- | emplcyment Relief “The home building plan of the| President, which will be presented to | Cong: forms one of the most con- | structive proposals yet made to quicken | business recovery,” said Mr. McTarna- “It is proposed to set up a credit | system with an operating capital of two | billion dollars to rediscount mortgages f homes held by banks. By providing T money and more attractive on terms, early stimulation of home building may be expected un- der this plan Will Lift Business Out of Mire. President Hcover's plan for the tion of a bank to rediscount age paper “lies the lever by which crey nd public confidence be raised out of the mire of de- | in which they dwell” Paul M r, economist and New York ban ill sayv in New Roads to Pros- be published next week “The employment of a fund of two —_— “Light and Sunshine” Corner home with large front, e_and rear lawns; built-in age; new and modern in every ietail. ' Only 10 minutes to cen- ter of city in highly restricted nunity of all new homes. transportation, graded junior high and East- ern High Schools, This Lovely Home Priced for Immediate Sale At §10,500 Nominal Cash Payment Monthly Payments Like Rent Your Inspection Invited! 1717 “D” ST. N.E (Straight Out “D” St. N.E. to 1317) Possession with deposit. Move in before Christmas!! Waple & James, Inc. 1226 14th St. N.W. North 0962 In One of the Capital's In design a replica of ho oldest 7003 Clarendon R(‘Bd. Edgemoor, Maryland Most Beautiful Suburbs one of Williamsburg's and one-half billions by the Federal Re- serve System would mean a building program of five billions, if 50 per cent would be advanced by the individual borrowers,” says Mr. Mazur. “If the normal building program of the coun- try totals annually about 10 billion dol- lars, the stimulus afforded by the Gov- REAL ESTATE., B-3 | funds raised by the Government might be deposited with a Federal agency and lent out through the usual channels of nking and credit. Agencies that credit to individuals should be to charge a rate of interest y the Government, but some- n excess of the rediscount rate amortization of principal, but interest charged both as rediscount rate and burden on the individual should vary as determined by the Federal bank. Home Plans Filed. ernment’'s advance would amount to about 50 per cent of the total pression slaught. “The raised by bonds,” could necessary the continues Mr. No de- withstand this on- |new bui or extension might be | apa: Government | erected for profit Mazur. “The liberal capital sale of rged by the Federal bank Punds should be available only for and not_for the building of producticn dwellings The terms should be as te time of repayment and Plans for the construction of two two-story brick, frame and stucco dw ings in the 1300 block of Perry street have been filed with the District by Sarah C. Howe, owner. Charles R Funk is listed as the builder. The cost is estimated at $8,000 each facilities, or for buildings LR L L L AU A LA 1343 Kalmia Street N.W. Tf you are primarily interested in hav then see this of pleasure and pride to you g a_home that will be a source ne Colonial home tomorrow. See how much difference there is when a home is built in terms of livability and comfort rather than aiming at mere cheapness in price. Yet for such a distinctive home in such a fine neighborhood the price is exceptionally moderate. Drive out I6th Street to Kalmia Street, them two blocks east. HENRY J. CONNOR “A Particular Builder for Particular People” 1443 Holly St. N.W. Georgia 1446 A NEW CORNER BRICK RESIDENCE 3100 Wesley Heights residence at 1627 Col. Jerome Bona- great-grandnephew of Napoleon has been leased to W. S Hoge, jr., who has moved his Washington real estate office there from the Shoreham Build- ses, 45th St. Corner Klingle Street Open Daily and Evenings the architect has captured the Constructed for the ages and for the owner's home, this house will become more gracious and lovely with the passing of the iences and scientific advances are the contribu- tions of our time. pany, with Capital funds in excess of Sixty- /A RCHITECTURALLY blending with the preserved natural beauty and delightful woodland vistas that provide the setting for the Capital's most distinguished residential community, this impressive center hall brick residence is one of the most desirable homes now available in Washington. Its charact, four Million Dollars, you are sure you own it. g Furthermore, you know that if the title is attacked it will be defended without cost to yvears. The manifold comforts, conven- pacious floor plan and unusual refinement of structural detail expression of the rize perfection in design and craftsmanship. hic style you by this Company. ‘There are nine rooms (five bed rooms, with unusually large master bed room), three hs, and first floor lavatory. Garage for two cars. Two large shade trees flank the entrance to the home. Schwab and Valk 1704 Connecticut Ave. It now r reet, son Army general, who he u floors of the large his residence e — 425 INGRAHAM ST. $9,450 7 Large Rooms—2 Baths Why take a chance when for one small No Seven rooms, 2 baths. premium you have perpetual protection? The grounds, one hundred feet square, mike:the further premiums or charges. ideal setting for the perfect home. You are cordially invited to call at any time today between 2 and 6. Price, $17.500.00 Louis P. Shoemaker 1407 New York Ave. N.W. 7-ROOM HOMES At the Price of a 6:Room House SMALL TERMS CASH LESS THAN PAYMENT RENT Decatur 2333 NEwW YORK TITLE AND MORTGAGE COMPANY Capital Funds over $64,000,000 810 15th Street, N. W. Metropolitan 3900 fer your dollar: homes onstruc- p, and have and two tiled the There Fin- (Shoreham Bldg.) %mmfifimmmmmmmmmm Phone: A. W. Hoover, Assistant Secretary in Charge Charming Colonial Home 48,362 Square Feet of Ground Fronting 180 Feet on Fenwick Avenue Adjacent to East Falls Church, Va. Open Saturday and Sunday H.G. Smithy Co. 1418 Eye NAt. 5904 e HIS distinguished colonial home reflects the delightful traditicn of hospitality of the South. It is but one block off Lee Highway, and convenient to both the Washington Goli and Country Club and the Army, Navy and Marine Corps Country Club. Its spacious grounds with stately trees, well-kept lawns and beautiful shrubbery setting of unustal charm for tl impressive home. The house is center hall plan with large living room, dining room, library, each with open fireplace; pantry and kitchen on the first floor. Kitchen is equipped with built-in tile sink, in- laid linoleum floor and electric range. . Second floor contains five bedrooms DE LUXE KITCHEN Completely Equlpped and two tiled baths. 2-car garage BUILT-IN KITCHEN CABINETS Space for everything in buff and green built-in cabinets Double smal! block ceramic tile drainboard and back splash. Large Frigidaire, lino- leum flooring, electric clock. provide a STURDY FOLD-AWAY DINETTE This view of the kitchen shows the sturdy fold-away dirette set which will comfortably seat 4 or 5 persons, and model gas range, both in har- monizing. colors of buff and green. 4th and FARRAGUT STS. N.W. RECREATION ROOM 17x20 FT. DE LUXE COLORED TILE BATH, BUILT-IN FIXTURES NEW “OVER-THE TOP” ONE-PIECE GARAGE DOOR 3 BIG COVERED PORCHES 14th & K cA FRITZ Dist. 9080 0 OVEI‘ 000 LIFETIME HOMES BUILT AND SOLD - @ Open for Inspection Priced to Sell at Once To Reach—Drive over Key Bridge, out Lee Highway toward Falls Church approximately 4 miles to Robert E. Lee School. Turn left on Fenwick Ave. (fourth street west of school) and drive ome blgck to property. This Charming New Colonial Home FEATURING Automatic heat, mechanical refrigeration, walls painted on canvas, attractive lot, maid's quarters, 2-car garage, screens, weather-stripping, Ist floor lavatory, masonry construc- tion, at a price that will surely appeal. OPEN AFTERNOONS AND ALL DAY SUNDAY Newbold, Canby & DeNeale, INC REALTOBS EAVER BRO REALTORS EXCLUSIVE AGENTS Mortgage Loan Correspondent, Metropolitan Life Insurance Co. Washington District Bldg. 9486 CLEV. 8000 5626 CONN. AVE,