Evening Star Newspaper, January 28, 1933, Page 15

REAL ESTATE. MODERNIZING WORK JANUARY 28, 1933. REAL ESTATE. ILOANS BENEFITING |Esssssr=s THE EVENING STAR, WASHINGTON, D. C. SATURDAY B3 cal {nstitutions for the long-term financing of homes will be able to maintain a stronger position as the real agencies through which the fam- ily of modest means can own its home. Purely from an investment standpoint, home financing institutions, with this Home in English Manner financing insti have gained an importance which cannot be overesti- URGED IN REALTY Absorption of Vacancies iri| Residential Properties Seen at Convention. (Continued Prom First Page.) obsolete. A change in marketing areas ' Is an important factor in obsolescence of residential property. The housewife of today demands accessibility of stores. | Main street in the big city has become ' too far away, and the neighborhood | produce man, the grocer and also the | druggist are coming into their own. “We now find a demand throughout | our suburbs for small hcuses with grounds of moderate size, wheve a few years ago people wanted large housss. ‘The servant question has been an im- portant factor in the change. But even mere so has been the fact that women who formerly devoted their entire day to the manegement of large houses have now taken other interests in which their thoughts center, such as civic better- ment, welfare, music, clubs and art, | and many have gone into commercial businesses, and the centering of their attention upon the lavish show places, of the past seems over. “A few years ago real estate men were asked by prospective purchases about the location of churches, schools and public libraries. Today there is a new element, such as public garages, drug stores, ice cream stores, moving icture houses, golf courses, which, I lieve most people will admit, e fundamental in the plan of a modern community and which tend one way or another to strongly influence real estate values. Better City Planning. “This leads us to the thought of bet- ter city planning to reduce obsoles- cence. The neighborhood community has become an important factor in all large cities and appears to be here to stay. "*The first indication of renewed pros- | perity has always been a quickening of real estate activity, and the same will grmblbly be true in our present case. actically no building has been going on for several years. As soon as money is available for industry and unemploy- ment can corrected, the small mar- gin of vacant properties now existing should be quickly absorbed. “But until there is a décided demand for houses, builders would do well to devote their activities to renovating and improving properties which are already built, many of which today are occu- pied but at unprofitable rentals, and there are other properties in our cities which are untenantable but occupy good space and pay taxes. “It is our duty to advise the public that this is the best time to make im- provements. Material and labor pur- chased at reduced costs will go much farther than the same purchasei at higher values. “Oversupply of houses seldom exists In small communities, and this can easily be explzinod by the fact that houses in such communities are usually built on the order of the proSpective occupant. In oiher words, the demand produces the supply. ‘A Cetailed study of supply an:i de- mand on the part of buildsrs might b useful, and al men would do' 0 | VOLUNTEERS CALLED Red Cross Needs Werkers on Garments for Poor. Takoma Kk ! An appeal for more sewing volun- teers to work on garments to be used in relief has been m by :h&: Takoma Park Branch, American Red Cross. The-group will meet Thursday, February 2, :rem 10:30 am. to 3 pm, at Takoma Pack Pretbyterian Church, for its monthly work meeting. Ready-cut garments for home sewing may be obtained from Mrs. William Stuart, 212 Cedar street, or will b2 de- livered to the homes of those who wish to help, on request. R. F. C. AID TO BE ASKED New York Mortgage Companies Plan Additional Appeal. Mangge companies in New York are developing a plan to obtain additional | financial assistance from the Recon- | struction Finance Corporation to refund | maturing obligaticns, it is reported in the Wall Street Journal. It is understood the plan would call for obtaining loans up to 60 per cent | of the value of the properties involved | on maturing obligaticns, with present day values being used, the journal re- ports. Realty Firm Incorporates. Bpecial Dispatch to The Star. BALTIMORE, January 28.—The Stmpeon-Peak Co., Chevy Chase, Md., has been incorporated to deal in real estate. The capital stock consists of 60 shares, no par value. C. Virginia Diedel, James O'D. Morgan and Jacob Milwit, all of Washington, are the in- corporators. Laboratory Building Proposed. The Department of Terrestrial Magnetism, Carnegie Institute of Amer- ica, as owner and builder, has applied for permit from the District of Colum- bia for construction of a two-story laboratory building at 5241 Broad Branch road. The building is to be of brick, stucco and frame and has an estimated construction ccst of $4,500. New Dwelling to Cost $7,500. ‘Willlam C. Haines has applied to the District government for permit for the erection of a two-story brick dwelling at 6157 Thirtieth street, the construc- tion cost of which is estimated at $7,- 500. Sears, Roebuck & Co. is listed as the builder. l Dwelling to Be of Brick. Plans for the erection of a two-story | brick dwelling at 3308 Sherman avenue | have been filed with the District gov- ernment by Ruth A. Davis, listing Nathan Levin as the builder. The con- struction cost will be lppro)d.mlulyl REAL VALUE & nothing could part them; to be concrete, he had said the same things to Carroll that Carroll's father, drugged and made blicd by love, had $aid to Jersey. Carroll had said, “My mother is won- derful, Arch, but—but she's not exact- ly like—other people.’ “Not like other girls,” he had drawled, and this had grated a trifle despite the fact that Carroll was seeing him dimly through a warm, roseate haze. “I'm very proud of her,” Carroll had gone on. “I'll never amount to enough to merit having her as my mother, and I want you to know how proud I am of her.” “Oh, surely,” he had murmured, “and don’t you worry!” Condescension 2gain, but now she did not recognize it; she was looking up into his eyes. “You know,” he said, “personally, I think there's an awful lot of rot talked about family and all that; personally, I'm an absolute democrat. I say, look at the individual and see what he or RCH had told her that nothing A would make any difference, that |she is, and let the family tree go hang!” “I feel exactly that same way, Arch!” she had agreed fervently; she was ways turned heady by finding they egreed; it was “so wonderful!” “All the same, family does count,’ went on. “Now take, for instan uncle, the Chicago banker and pl lantropist, my father’s brother; they" done some fine things, all the Norrises, and way back, and you know you ca overlook anything ilke that exactly. “Oh, no!"” said Carroll. “Not that it matters to me,” Arch continued, “for, as I sald.(rmonally I'm an absolute democrat and any form of snobbishness makes me sick. I mean, it nauseates me. It makes me as I said, sick, but after all, you can't get away from family, although, in my personal opinion, it doesn’t count, but in a way it does, rather? What sayest thou, fair lady?” Carroll was very young: Arch was a wonderful talke endurance quality, which was, without doubt, superior. Therefore she agreed humbly to pros and cons, thinking that Arch felt as she did. 3 “I love you and it is love,” Arch had said that day; he had added too quickly, eyesum:pon the horizon: “Hey, there's It was a fishing smack and Carroll thought it to be enchanting and she Arch said that, as salls went, too bad a 1. Then he slipped his arm through hers: he had absolutely, personally and, in his opinion, never known a girl like her and he was quite gaga about her, and he felt he could say so up to the last long mile. He was beginning to consider how they would live and where, and to hope that his mother would be decent_about the allowance she must grant him if money were to jingle in his pockets. His father’s will had been “perfectly filthy,” leaving all to the widow until that movement when God should call her to a heaven that would undoubtedly be filled with “the nicest people from Brookline, Mass.” “Or what's a heaven for?” Arch was summoned to his mother’s cabin that day by a message. His mother's maid reported that Mrs. i Norris wished “a little word” with her | son. “The little word” invariably meant many and always upon a tropic Arch would not have chosen, He found his mother incased in the dangerous sweetness that wraps the managing woman who means business. “Sit down,” she invited. “Mother’s hardly had a glimpse of you, dear, but mother doesn’t resent that; she wants you to have a happy crossing.” “Oh, damn!” tnought Arch; sullenly he took a cigarette from his case to HNght it. “All a mother wants, dear, is hap- piness, true happiness, for her children and I—have but you, Arch.” “Tough break for you,” he sald— but she was not to be ruffled—"I should have been twins, triplets or somathing, cince you are one of the one-time girls.” A trifle coarse, but it was, better to ignore it. “Arch, dear, mother’s not going to beat around the bush; she wants you to be just a little careful about your relations with the little Wetherall girl. Now wait! Mother knows she’s very, very sweet and really appealing, Bat— > uf ‘There had been an hour of it, a lec- ture delivered in the Henry Adams manner; mother feared; mother thought; mother felt. With the session done, Arch turned to the smoking room where he had & stiff drink. Then he sought Carroll to tell her she'd best not wear his ring where any one could see it. we don’t want people talking until we can announce it, our engagement,” he explained. now. You see, | BY Katharine Haviland- “Oh, no!” Carroll agreed; he was “perfect.” Arch told his mother that he had lost his ring while his hands hung over the rail and that it was probubly, with other things and bones, in Davy Jones’ locker, He smiled slyly, leaving her after this explanation, quite pleased with himself the way he had “pulled it off.” * X *x ¥ In Brooklyn that night while Carroll lay thinking of Arch, Big Bill Killroy was thinking of Jersey. Thinki of Jersey helped him to keep his “trap cloged” while Agnes “jawed”; she lay, a petulant, long-faced woman on her cripple’s bed. The neighbors said, with shaking of heads and the sighs that make a certain order of humans feel they are doing something real and noble, that Mrs. Killroy was “a great sufferer.” - But that Big Bill was a greater sufferer, no one but Jersey knew. He tiptoed into her room, carrying a pint packet of ice cream suspended from his great paw by its tape handle. “I thought,” he faltered, apologeti- cally, “that you might relish a little ice cream, Aggle.” “Well, it was so hot for one thing,” he answered; he mopped his brow. “Real nice to think of me,” he heard; he knew she was sneering and he knew she wasn’t fair; for years he had thought of her, but there was no use of saving anything. “Well, I can give it to the kid in the flat across the hall,” he said, humbly. He was “just nuts” about the “little kid” across the hall. He'd always “been crazy about kids that way,” but there had been no children, even though Agnes had been strong before she took to her bed, a martyr. “Yes, throw around your money like it grew on bushes,” he heard. “Look here, I'll eat it myself before I'll let you give it to that trash across the hall. Get me a spoon.” He got the spoon. When he returned with it, she said, “Was you talking to that kid across the hall?” “No, Anges,” he answered, sweating again. “Hum. There’s salt in this. I dont want you to talk to that kid; they're trash, that’s what they are.” “All right, Agnes.” “Well, sit down, if you're going to bang around. You know my nerves. It makes me awful nervous to have you standing like that and you know it, but you never consider me.” He sat down. He knew the little kid was in the hall and hovering near the door, hoping he'd appear and he had forecast going out (as he did not dare) to swing her up in to his arms with a warm, “Well, well, and she was wait- in’ for Big Bill, was she?” He always felt choked when she mur- mured, “Yes.” He had told Jersey all about the “lit- tle kid” and Jersey said, “Aw, Bill, I bet she's cute.” And he had said, “Honest, Jersey, to find that descriptive words were adequate, and to end attempt with a shake of his head. Jersey understood his feeling and she sent “the little kid a swell doll” with real yellow hair and eyes that closed, undercloths that came off, and a violently pink satin dress. Bill presented this after a cautious |survey of the hall. Agnes changed | help frequently, because they would “walk out on” her, but she always man- aged to get such human fabrics as’will spy. “Don’t tell nobody, honey, that Big Bill give you the dolly,” he whispered after he had taken it from the box nnsthe had it in her arms. “No. “A lady sent it to you, honey; a nice lady.” Now he sat in Agnes’ bed room, know- ing he wouldn't see the little kid that night; there was no getting out. even for a second. Agnes was going it. (To Be Continued Tomorrow. Near U. S. Capitol Beautiful Corner Home New_and Modern to ¢ ltest v Roome i Bed Rooms ! Each Roop with Licht and Ventilation Larse Front and T et Garage T The price is as low as you would pay for'an inside house and on Just rms. as’ eas: OPEN TO 9 P.M. 1717 D St. N.E. Your Inspection Invited (You Will Find Better Value Here) Waple & James, Inc. 1226 14th St. N.W. DIst. 3346 ® New! Delightful © ENGLISH NORMANDIE HOMES In Washington’s Best Location GLOVER PARK Sample Home 3818 Calvert St. N. W. JUST COMPLETED! Overlooking City 6 Big Rooms 2 Tiled Baths 7 Big Closets Breakfast Nook Weather-stripped Deep Lot @ Tile Club Room ® Wonder Kitchen ® Big Porches ® Beautiful Finish ® Brick Garage ©® Low Price ©® Easy Terms Out Mass. Ave. to Wis. Ave., South 4 Blocks to Calvert St., right one block Open Daily 9 A. M. to 9 P. M. Built By BROW Ideal Plan for N BROS. a Family With Children or Elderly People 4205 Leland St. “I don't know why you thought that,” - | came the sullen reply. s Newly completed residence at 4422 Volta place, Foxall, purchased by Henry 8. Marshall, manager of the Washington office of the James Baird Co., Inc., from Waverly Taylor, Inc., architects and builders. The house contains eight rooms, two baths, maid's room and garage. Two-Story Dwelling Planned. Martha C. Childs, owner, and Nathan Levin, builder, has applied for permit for erection of a two-story brick dwell- ing at 3310 Sherman avenue, the con- :;r:g;nm cost to be approximately $7,000 Dwelling Planned. William A. Stewart, as owner and builder, has applied for it for the erection of a two-story brick and tile dwelling at 3130 Rittenhouse street, the construction cost of which is estimated at £ . RO 1t upP oF Uy Siticas) .« . wonderful new homes just completed by C. H. Small ERE are just the homes you have been waiting for . . . semi-detached all brick homes with 6 big rooms handsomely decorated, 2 tiled baths, lovely fire- place, big new type recreation room . . . garage . .. big lot ... and in a delightful community. BUYERS OF HOMES $35,000,000 New Funds Now Cicculating Through the Mortgage Field. (Continued Prom Pirst Page.) member borrowers who will make mort- gage loans for the vurpfi of repairs, remodeling and other activities leading directly to loyment of labor. 2. “To r institutions and non- member borrowers who will make mort- gage loans to assist borrowers in pay- ing taxes, or to facilitate the payment tate taxes on behalf of bor- of real esf rowers, 3. “To member institutions or non- make applied for direct to the Home Banks. 4. “To member institutions and non- member borrowers to make mortgage loans in cases where the mortgagors are being pressed for payment by pres- ent holders, with the following excep- :l:n: uc:r‘emlhfimlxd ‘:.eh used to avold van lor the purpose of re- financing mortgages now held by any institution eligible for membership in the Federal Home Loan Bank System, or by any institution which has other NEW HOMES Just East of 16th St. 8 Rooms 2 Modern Baths (Easlly Arranged for 2 Families) Priced 39’1 50 at Only This Home Is Its Own Salesman It has everything you ever wished r in & home e. Large recreation a _beautiful many other features seldom. if . found in homes at a much higher price. See the Automatic Coal Heat Works with ease—gives comfort— saves 40% of your fuel bill. House, al weather-stripped. Sample Open to 9 P.M. 1319 Rittenhouse St. N.W. Out Ga. Ave. to Rittenhouse— wet 2 Blocks (A REAL HOME AT SMALL PRICE) Deal With Cenfidence WAPLE & JAMES, INC. 1226 14th St. NNW. Dist. 3346 New Brick Bungalow 1010 Vermont Ave. them, | added reservoir, assure the well being and financial stability of the modest lo- | investor.” Featuring Permanence and Economy THIS “OIL-HEATED” HOME —_— is Complete in Every Detail Brick Construction Built-in Garage 26-Foot Porch * Weather-Stripped 55-Foot Frontage Elec. Refrigerator Model Kitchen Slate Roof Copper Metal Work Beauty, Quality and Real ‘Comfort, Plus a Price of Only $8,750, Represent a Real Value and an Unusual Buy “See the Season’s Greatest Value” 6531 7th Street N.W. Open, Lighted and Heated Daily Until 9:00 P.M. for Your Inspection Turn East at Ga. Ave. and Van Buren to 7th J. DALLAS GRADY Owner and Builder Dist. 9179 Exhibit Home 3424 14th St NE. Out North Capitol, right om Michigan, left on Fourteenth. Drive Out Today! Towen LD 00C - - 013100 Dignified Colonial CHEVY CHASE, CORNER McKINLEY ST. AND NEVADA AVE. Lot. 70x135: 2-car Gara hall to & living room full dept in_bookcases large size Friidaire: 5 bed Toom and bath weather stiips. shrubbed. e. Ol Burner. ‘of the home with fireplace of stone snd built- A large family size dining room with sunny breakfast porch. rooms and 3 baths on the sec: slare’ roof. f Within 2 blocks of Conn. Ave. shops and schools. You_enter this spacious center ood floor A maids lot beautifully landscaped and Price, $17,500 Open Sunday All Day v Turn to right at Conmecticut Ave. and McKinley St. The North West Realty Co. 3508 Connecticut Ave. Cleve. 0936 625 NICHOLSON STREET N.W. 16211 Colorado Ave. N.W. Five sunny rooms, tiled bath with built-in tub and shower, wood-burning fireplace, splen- did yard enclosed mental picket Drive out 16th St. out Georgia Ave. west to Colorado Ave. 1519 K St. N.W. Price, $7,500, OPEN SUNDAY to Sheridan St. east on Sheridan to Colorado Ave., or to Sheridan and $12,950 All Electric Modern Kitchen sy Now Open for Inspection—to fence. Terms Wm. H. Saunders Co., Inc. |/ DIs. 1015 Spring Valley G fie Garden @caufilfid Homes FOUR miles from the White House, in a perfect setting of rolling wooded land, is SPRING VALLEY, a happy combi- nation of natural and architectural beauty, diversified against monotony, but expressive of artistic taste and structural excel- lence; available for the discriminating and guarded jealously with restrictions and natural barriers. Presenting A New All-Stone Home At 4959 HILLBROOK LANE \IISIT the Hillbrook Lane section where there are available homes in the various stages of construction. Perhaps you will be interested in the selection of a site on which we can arrange to build a home for you, one which will meet all your re- quirements and still harmonize completely with the other houses being designed in. our architectural department for this new section. GENERAL ELECTRIC KITCHENS Fully equipped with the most modern electrical appliances through the cooperation of the «StzodeFicoa Bate ALL STONE, slate roof, copper gutters, two baths, first fioor Be Finished February 4th Drive out Connecticut Ave. to Aspen St. (ome block north of Leland St.), turn west, left 13 blocks to property. in a new home Chevy Chase, Md. 204 Oxford Street Chevy :Chase, Md. 3% -acre lot with many large trees, ultra-select neighborhood. MARIETTA PARK What you probably have always wanted—Now at a price you can well afford. A BRAND-NEW corncr, center hall home on a large level lot and fully detached. Never before has such a home been offered at a price so modest. Six unusually large rooms, two beautiful baths, a per- fect kitchen with table-top insulated range, Frigidaire and latest Oxford Cabinets, that cheerful fireplace, beautiful hardwood trim and finish throughout, fully screened and weather stripped, bright airy cellar, large floored attic, slate roof and quality of workmanship is reflected from every angle. Was built to sell at & much higher price and some shrewd buyer will probably take advantage of this saving before the week is ended. Beautiful large grounds, & detached brick garage, convenience of location to every home requirement, all help to make this the one out- standing new home value of today’s advantageous prices. Come out today by all means or surely no later tomorrow. Offered at $10,500 for Immediate Sale OPEN—HEATED—LIGHTED Drive ont 7th St. 1o Nicholson (3 squares abovc Kemnedy). RM HOOKER "7 ~ Realtor NATIONAL ELECTRICAL SUPPLY CO. and THE POTOMAC ELECTRIC POWER CO. All brick Artistically landscaped BNk oven_irept ek of ace Concrete front porch Extra large two-car garase Blue stone_driveway Overhead doors =‘Il passes front door room. We believe that like value cannot be duplicated any- where. BUILT BY SIMPSON & PEAK. Price $11,950 To inspect, drive out Conn. Ave. to Ozford Street, turn right three « blocks to the house roof Two fully tiled baths Shower Vestibule Very latest equipped kitchen Hot-water heat Distel 4464, 3 hree blocks away block et & Car s High school one HEATED AND OPEN FOR INSPECTION DAILY UNTIL 9 P.M. Drive out Connecticut Ave. to Leland St., West to property, or out Wisconsin Ave. to Leland St., East to property. Morgan E. Morgan—1108 16th St. N-W.—Phone NA. 9453 Tower WILLIAM H. SAUNDERS (0. Bldg. INC. 1819 K St NW. District 1016