Evening Star Newspaper, December 17, 1932, Page 13

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- REAL ESTATE BUILDING OPERATIONS RISE SHARPLY IN COST VOLUME Unexpected Increase of 12.2 Per Cent in 215 Cities Noted for Month, Instead of the Usual Seasonal Decline. N unexpected increase of 12.2 per cent in the cost vajume of | A building operations in 215 cities in s:ctions throughout the country cccurred during the past month, according to reports of building permits gathered by Bradstreet’s WeekIy. | Instead of a seascnal decline, there was an increase from $26,107,428 in October to $29,301,309 during November in these cities. | In only three ycars since 1914 have the November figures for | these cities shown an increase over the October levels. | misleading: but judging conditions by *] flm] fifl I-EAS[S the averace performance over the pi At 3 real improvement still is evident,” the | GLUSED lN fllS]-Rlc-l- lantic States, with a_gain of $4.646,- Al | 858, and the Pacific States. with a ris g permit total of $12,347.184 as com- pared with the October level of $7,700. “Due to the fact few months, a small but ncvertheles: Bradstreet statement explains. se . of approximately $4,000,000, balanczd | Former Agreements Affecting 326, Cities in the Pacifi~ Coast setion projects may be b: The report points out, however, that declines in other sections. in this | H H | Five Downtown Properties | had a total of $7.316.129 in Novemb-r ] rather than evenly spread out, the fig- ures for cne month alone may pro.e| the improvement was closely restricted in its distribution. The Middle At- The Middle Atlantic States, howed a total November build- Are Replaced. as compared with $3.313196 in Octo- 3 ber. Consummation of new leases for Projects Total $86,200. periods cf years to replace former Building operations in the District of ~28recments affecting five downtown Columbia during the past week had a business properties, three of which have total cost estimated at $86,200. Included in the new list of work permitted were plans for the erection of 12 private dwellings, Permits were i-sued for the | following items: | J. Charles Shapiro, Inc.. owners and builders; George T. Santrverr, archi- tect; to erect six 2-story brick dwelling-, 120 to 130 Lonrgfellow stir to cest $30.000. Paul T. Stone, Inc. owners and builcers; W. N. Diehl, designer: to erect two 2-storv brick dwellings, 1334 and 1340 Locust road: to cost $14.500. Radio Research Co., owners: D. T. Johnson. architect: Bahen & Wright, bullders; to erect cne 1-st-ry brick sicp and office, Ninth and Kearney streets : E. i to erect ‘one 2-story 2100 Peanstl- varia avenue southeast; to cost 57.09). Michael J. Curley. Archbisho» of Bal- timore, owner; Maurice S. Ma™, tect: Rev. F. M. W. Schneew builder: éo erect on> 1-story blce’: eadi . builders; rame cet Claugh- Con- S. B. Miles, ‘ezt one 6 Astcr plaze : E. C. Barring- F. Bassell, buille~; gasoline staf trect northeast; 1200 s to cost Ty Corpel. owner: kins Co.. bail ers; to ma 1705 Webster street R. O. Hard builder: to ere dwelling. 5015 Weaver terrace: $1.000. Episcopal Church, owners: A. H. Sonnemann, designer; E. A. Pessagno, builder; to erect one 1-story brick addi- tion. 3317 Wisconsin avenue; to cost $800. Children’s Country Home. owners: Smith Bowman, jr., designer; Consoli- dated Construction Co.. builders; to erect one 1-story brick addition, Bunker Hill road and Queens Chapel road northeast; to cost $700. to cost County Council vy Irish Free State, are organizing to pro- tect their employment against threat- ened incursions by the unemployed. FHomes o/ Comorrow in FOXALL @ Double fronts, six and eight rooms, with one, two and three baths . . . double screened porches « . . open fireplace . . . electric refrigeration . . . gas heat . insulation . . . garage . . . out- standing value at $11.350 to $14,950, with monthly pay- ments less than rental value. Visit our Budget-Balancing Home at 4422 Volta Place, three short blocks south of Reservoir Road. Open 9:30 A. M. to 9:30 P. M. WAVERLY.- TAYLOR ¢, 1522 K STREET NAT'L 1040 IDEAL XMAS PRESENT 1401 Hemlock St. Shepherd Park FURNISHED This center hall ALL BRICK colonial home repre- sents the utmost in modern home building. You will be impressed with its _artistic treatments, its convenience of plan, its permanence of con- struction and high quality of finish. Appealing features: tionally large rooms, porch, knotty pine library, first floor lavatory, a wife's dream of a kitchen, 5 bed rooms, 3 baths, maids’ room, palatial recreation room, gas , large corner lot, 150 . frontage, 2-car brick garage, high elevation, near all - conveniences. ~ Attractive price. Open All Day Sunday and Every, Day, 2 to 8 P.M. Realty Associates, .Inc. Realtors 1427 Eye St. Nat. 1438 . | Highway, F street locations, w by H. Clifford Ban r2gotiations. The total consideration fcr the terms was reporied to amount to close to $1.000,000. Property at 1119 F_street. at the northeast corner of Twelfth and F streets, was leased by the Boston Ground PRent Trust, Inc, owner, to Peoples Drug res. Inc. The term of the le2se was not announced. The property wes improved more than a year ago by the erection of a new brick buildng of two stories and basement. Eileen Wilcon Frocks, Inc., leased from Anna C. Purrington the property at 1115 F str improved by a build- ing of two sto d_bacement. for toe use of a woman's wear establish- ment, From Anna C. Purrington also leases were negotiated for the Berger Hosiery Stores, Inc.. covering busin 2t 1117 F strect, and for the cash and carry florist shep, on s 609 Twelfth street. quarters in the Homer Building. at 603 Thirteenth street. were lezsed trom S. Kann Sons Co, Inc, to Graceman’s, Inc.. cperators of a wom- en’s clothing establishment. CONSTRUCTION THRIVES Stanley, Va., in Midst of Its Big-| gest Enterprise. Special Dispatch to The Star. LURAY, Va. December 17.—Stanley at the close of 1932 will have witnessed the greaiest volume of building in its history, nearly $100,000 of construction having been in progress. Optimistic town officials said today that with such a program continuing ir. Stanley, and a similar one in Luray, | the towns might meet each other in a | couple of years. Stanley is located nine miles south of Luray on_the lzasuide‘~ reported today who handled and necar the Skyiine Drive in the proposed Shenandoah Park area. y-seven residences, one apart- use znd cbout half a dozen Jling stations have been ecected. A cem is being constructed at a site where a swimming pool will be built for the community. In addition. ten more buildings, togather with numer- ous minor improvements, are under censtruction. 3 “A Good Investment for Your Christmas Savings Check” 4811 47th St. N.W. (Between Eillict & Dzavenport Sts.) $8,750 One of the most custanding vaiues in Washington today. this lovely home of cix rooms and bath can be sold with monthly pay- ments like rent, and with larger cash payment this already very low price can be reduced still further. Lot 40 by 137 ft.—electric refrig- eration—slate roof—large maple trees in front yard. Drive Out Today J. Welsey Buchanan et MEt. 1143 1427 Eye St. N. ARE GOING TO BUY DISTINC- TIVE, char- acter re flect- ing, detached home at $10,000, $11,000, $12,- 000, and you are par- ticular about having nice surroundings and the sort of neighbors you-will like . . . and you are keen to have therightsortof financing planned and worked out for you THEN GO TO THE PLACE WHERE HOMES ARE SELL- INGNOW—CHEVY CHASE (west of Conn. Ave.) ... Dis- criminating buyers find a visit here en- tails no obligations. ARCHITECTURAL OFFICE OPEN SUNDAY Drive straight out Connecticut ‘Avenue past the Chevy Chase Club to * LELAND STREET (our sign), turn left 2 squares to homes and office. DEVELOPMENT CO. = Residence for Mrs. Sid- ney C. Graves to Be Started in Spring. SHOWS INFLUENCE OF ENGLISH STYLE Main Living and Entertain- ment Quarters in First Story. LARGE new home of distinctive design, revealing the influence of the English style, is to be erected for Mrs. Sidney C. Graves on a spacious site on Foxhall road between Wesley Heights and Fcxhall Village. Plans for the resi- dence have been completed and build- ing is to be started in the early Spring. | The house will be of all native stone construction, with a roof of tile or slate, and will be marked by the character- istic of low and rambling roof lines which will be broken in an interesting | manner. The house will be set back from the road ebout 105 feet, and will have a site of about two acres of wooded area as a setting. Distinctive in Plan. The building, as designed by Clifton | B. White of this city, will be distinctive | in plan, in that the most of the main | living and entertainment quarters will | be provided in the first story. This is made possible by the extent of the area of the ground floor, and contributes to | the character of the low roof lines. | The main entrance, near the center | of the main facade, leads to a lateral | hall connecting with the living room | in the central unit. This room meas- ures 19 by 30 feet, and has two ex- | pesures, one adjoining a rear porch and the other at a terrace at the right. To the right and front of this roon are a guest bed room and an antiqua room To the lelt of the living room will be | a dining room, 19 by 24 feel, with a rear exposure. The plan calls for a vanity cn_the front side of the hall. In the left wing will b> found quar- ters for a housekeeper at the front, and pantry. kitchen, maids' dining room and rear entry at the rear. Private Quarters. The private quarters of the family will be in the richt wing. extending to the rear of the main section of the building, shut off and distinguished | from the living and reception portions of the house. Here will be a master's suite and quarters for Mrs. Graves, in- cluding bed room, dressing room and bath, with a sun room and porch ac- joining at the rear of the building. One of these bed rcoms will be 15 by 17 feet 6 inches and the other 13 by 12 feet 6 inches. The guest bed room at the front of the right wing will measure 16 by 16 feet. A portion of the building will be of | two stories, and on the upper floor will be a sitting room, sewing room, game room. storage space and servants’ quarters. | The house will have an over-all front- age of 78 feet and a depth of about 100 feet. The house will be located near the residence of Senator Key Pittman of Nevaca. NNED | EXHIBITION PLA Tllustrations of contemporary archi- $150,000 legislative appropriation for | tecture, sculpture, landscape architec- ture and decorative painting will be in- cluded in the 48th annual exhibition of the Architectural League of New York February 18 to March 11, it is announced by a committee headed by Arthur Loomis Harmon. $1,175 10 $4,575 Brick Bungalows Twao-Story Homes [ ] 4606 Chestnut St. BETHESDA, MD. Situated six_blocks north of Bethesda Bank via Rockville Pike. Si~ at Chestnut Street. Six new homes—three SOLD. Every modern convenience. Lot 40x120; small cash payment—$40 per month. Open Daily Until Dark Capital Housing Corp. Call Nat. 8333 Built by Dunigan, Built Right All-Electric HOMES With Modern Electric Kitchens $9,250 AND TERMS Y EXHIBIT HOME Y% 5416 Kansas Ave. N.W. On a Beantiful Boulevard Open Every Night Till 9 P.M. D. J. Dunigan, Inc. Tower Building NAtional 1265 Built With the Co- operation of the Potomac Electric Power Co. and_General Electric Company. WASHINGTON, D. C, @]]z ?mnzni n Star. BATURDAY, DECEMBER 17, Home designed for Mrs. Sidney C. Graves, to be erected on a site on Foxhall road between Wesley Heights and Foxhall Village, from plans by Clifton B. White. $50,000 BUILDING ught for New Homes to‘ Cost $7,000. CONTRACT SIGNED zermi= = — | . | 3. A Absher as owner and builder | Construction to Be Started Next ;. i gppiica for permit for the erection Week on Citizens' Bank, Ta- koma Park. Contract has been signed for the erection of the new $50,000 building for the Citizens’ Bank on the cit> ot its present quarters in Takoma Park, at Carroll and Laurel avenues, it was announced today by Luther S. Cannon, president of Citizens' Building. Inc. Carl W. Markham, the contractor, expects to start construction next week Frederick A. Fletcher of Baltimore is the designer. The new house will contain, besid commodious banking quarters on t first floor, four stores and a large base- ment store, and 14 offices on the sec- ond floor. The building will be fire- proof, of brick and limestone construc- | tion. The design will be modernistic. Required to set back four feet farther | years on the Hotel La Fayette, Sixteenth |old buildings cn the site. re curb than was planned, be-'gang I streets, which will expire in 1939, now is well advanced, from se of requirements of the Maryland caus National Capital Park and Planning |of two dwellings at 3533 and 3537 | | Alabama avenue souiheast, the con- | struction cost of which is estimated at | $7.000. | The houses will be of brick and stucco construction and of two stories each, according to specifications filed with the District government. HOTEL LA FAYETTE " LEASEHOLD SOLD Bid in at Auction by Thomas H. Pickford, the Ownmer, for | ; $10,000. | The remainder of a leasebold of 10 was bid in yesterday at auction by | | through “ PLANS TWO DWELLINGS 1AVENUE pnopimvy ACQUIRED BY FORD Title Transferred by Riggs Bank. Razing of Old Buildings Carried On. Title to the large property at Penn- sylvania avenue, Thiricenih and E streets, was transferred today from the Riggs National Bani of Washing- ton to the Ford Motor Co.. a Delaware corporation, the owner of the property. ‘The deed. placed on file with the recorder of deeds, reciics that the bank took title to the proverty in Au- gust of 1920 for the Ford Motor Co. It was reported at the time the con- sideration peid for the four parcels of property was in excess of $1.300,000. The Ford Co. ownership of the prop- erty, veiled for considerable time the trustee purchaser, the bank, was cor in a practical manner recently when the company filed apolication for the razing of the ‘This work After the demolition of the buildings s been completed, the property for . ha Commission, Mr. Cannoa and associ- Thomas H. Pickford, the owner of th€ the time heing will be used as a park- ates purchased from the General Con- ference Corporation of the United property. The bid was for $10,000. | The sale was advertised by Chester ing lot, it is said. Definite plans for the improvement of the site have not States a strip four feet wide on the side H Bennett, attorney. as trustee. and jpeen announced as yet. line of their lot. Officers of Citizens’ Building. Inc., holding companv for the Citizens' Bank, are L. S. Cannon, president; Lawrence V. Lampson, vice president: S. E. Mc- Neill, secretary, anad Dr. H. H. Votaw, treasurer. L P Bids on School Opened. Special Dispatch to The Star. BALTIMORE, December 17.—Bids for the construction of the new Mary- land Training School for Colored Girls. near Glenburnie, in Anne Arundel County, were opened this week by Dr George G Finney. president of the board. Acceptance was postponed pending readjustments to bring cost within the allotment under the the project. 4611 Asbury PL. N.W. (North of Brandywine, Between 48th and 49th Sts.) [ ] $9,750 Open for Inspection Daily Until 9 P.M. [ J Floyd E. Davis Co. Realtors 733 12th ST. N.W. NEW de- tached home in Amer- ican University Park that is an amazing value at this low price. Contains 7 rooms and 2 baths, fireplace, ultra modern kitchen, electric refrigeration, finished attic, garage. Lot 40x150. NATL. 0352 802.804 Somerset Place N.W. New Scmi-Detached All Brick, 23%; Ft. Wide s cortain six rooms, ultra modern bath and shower, modern de luxe kitchen, three porches, These beeutiful h: Built-in garage. the | | was conducted by Thomas J. Owen & Son. auctioneers, in their offices, at- tracting a number of interested specta- | tors. The sale of the lease involved the hotel furnishings and equipment. The trustee announced the hotel| | would be continued in operation by Mr. Pickford as in the past. He has' conducted the property during the past | two months. "The property was ac- 'quired some time past by Mr. Pickford, | originally a noteholder. The formerly was held by Capt Fletcher Smith of Havara, ported. lease ‘Walter it is re-| Beautiful New | Detached Homes | Restricted Community ] Mass. Ave. Extended Situated in splendid new residential colony— varied in size and design— these homes will appeal to families who want “some- thing better,” at prices within modest means. 7 and 8 rooms, step- down living room with an open fireplace, recreation room with open fireplace, gorgeous de luxe kitchen, 2 colored tile baths, con- cealed radiators. Large landscaped lots. separate garage, paved street and alley. - $11,950 v j46TH AND DAVENPORT Drive Out Massachusetts Avenue to 46th Street, North to Property CAFRITZ Recreation room. Price, $7,950—Easy Terms Same House Detached, $8,950 Open Every Day and Evening Until 9 PM. To Inspect—Drive Out Ga. Ave. to Sheridan St., Right to Sample House. Salesmen on Premises. D. C. Developing: Martin T. Dryden, Sales 1025 15th St. N.W Company Manager e Frank F. Nesbit represented the Ford Motor Co. as ettorney in the acquisi- tion of the tract and in the current title transfer, and Clarence Dodge of Weaver Bros. acted as agent. 3820 Morrison St. Chevy Chase, D. C. 15 Block West of C Ave. Deteched Residence—Lot 45x125 o rooms. tile bath and shower. 'H.-wh. elec. Ol burner Frigidaire Reconditioned like n Open fireplace, oak floors through. out, slate roof.” 2 large rear porches. Open for Inspection Until 9 P.M. Saturday and Sunday Price, $10,250 Terms H. H. CARTER 306 Investment Bldg. NAt. 4178 HOUSE 4935 HILLBROOK LANE demands of the most discriminating. interested in the selection of a site on which we can arrange to build a home for you, one which will meet all your requirements and still har- monize completely with the other houses designed in our architectural department for this new section. GENERAL ELECTRIC KITCHENS Fully equipped with the most modern electrical appliances through the co-operation of the— l BUILDING NEWS 'H ot AP Oe S Eaaial By 1932 5 * BUILDING LEAGUE OPENS SESSIONS HERE MONDAY Directors Expected to Take Action on Crowded Docket Concerning 1933 Policies on Home Owner Credit and Other Matters, | D crowded . docket concerning 1933 policies on home-owner credit, the Chicago headquarters of the body announced today. The directors are regional representatives of the $8,500,000,000 building and loan business. These institutions, it is pointed out, have p{ovéd:;i é\h{nost all of the subscriptions to Federal Home Loan Bank | stocl ate. The policy of the league with respect to formation of new build- | ing and loan associations in localities now having no retail outlet for Home Loan Bank funds will be one of the principal matters to be decided. BUILDING AND LOAN ASSETS INGREASE |Gain of $605,722 in Month Is IRECTORS of the United States Building and Loan League will meet in quarterly session here Monday to take action on a | Many Inquiries Received, Officials of the league report that | many inquiries have been received from | business leaders wishing to organize as- sociations. Amcnament of State laws which do not now permit building and loan asso- ciations to become full members of the Federal banks also will be discussed. The board will hear a report also from the League Advisory Committee on | State Legislation which has prepared a proposed model amendment to State | codes to authorize home loan bank par- ticipation. Proposed standardization of the su- Recorded by D. C. Asso- pervision of building and loan opera- tions in the various States also will be considered. The proposal is the result | of a study of more than two years. T | Formal Statement Seen. ciations. A gain of $605,722 in the assets of the Ward B. Whitelock, Springfield, II1, building and loan associations of the | District was recorded last month, Wil- liam S. Quinter, secretary of the Build- ing Association Council, reported today. The November increase brought the total gain for the year to date to $4, 542,320 and raised the total assets o the local associations to $86,371,320. New loans numbering 334 were made during the past month and amounted in total value to $1.186.188. For the 11 re were 4,637 loans aggregat- New acccunts opened with the asso- ciations during the past month num- bered 611. Mr. Quinter points out that funds of the building and loan associations go exclusively into the financing or Te- financing of Washington homes. He reperts also the District associations have been able to meet applications for loans without borrowing from the Fed- eral Home Loan Bank. president of the league, said he expect- ed the directors would issue a formal statement urging associations which | have not become members of the home |loan banks to join the system imme- diately. _| “Our leaders are satisfied that the ¢ home loan bank law as it now stands will take care of the needs of the home owner in future vears as well as pro- vide a sound basis in 1933 for the re- habilitation of home-owner credit to a point safe against recurrence of present hardships,” he declared. Queen's Wedding Gown in Quilt. MELBOURNE (#) —Pieces from Queen Victoria’s wedding cress were snown in an old patchwork quilt exhibited at a fair here. The wedding took place in_1840. THE FAMILY A HOME FOR CHRISTMAS $7,650 5615 3rd St. N.W. — OPEN — Daily and Sunday Until 9 P.M. AMAZING CHEVY CHASE VALUE $10,950 A detached home of rare architectural charm, of stone, brick and stucco construction —in & quiet, select section of delightful individual-type homes. Large living room with stone fireplace, painted walls and_built-in bookcases: 3 nicely proportioned bed rooms, each with cedar closet; 2 im- maculate tiled baths, large attic, slate roof. Attractive grounds with 56-ft. frontage. call THOS. L. PEYTON Wisconsin 2376 See the Beautiful “De Luxe” TILED KITCHEN and the many latest-type features Take 14th Get of J. E. DOUGLASS CO. W. Met. 5678 car marked “TAKOMA™ at 3rd and Madison Spring Valley The Garden of Beautiful Homes visit the BEAUTIFUL OF MODIFIED COLONIAL INSPIRATION Completely Furnished A DEMONSTRATION OF THE FINER ART IN HOME BUILDING AND INTERIOR DECORATING. ERE is a house truly distinctive! Beauty, dignity, comfort and utility combined with durability and ease of maintenance of all-brick construction, it will gratify the ISIT the Hillbrook Lane section, where there are available homes in the various stages of construction. Perhaps you will be being National Electrical Supply Co. and The Potomac Electric Power Co. W.C. & A. N. MILLER Developers 1119 17th St. N. W. . Dist. 4464

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