Evening Star Newspaper, June 24, 1933, Page 17

REAL 'BULDING SHOWING | SIGNS OF STIRRING Huge Public Construction| ~ Program Overlooked in General Situation. A comparative analysis of building statistics indicates that the new public -works program is coming at a time when the construction industry is show- ing the first signs of stirring, according | . to the current issue of the Architectural | - Forum. With residential increases of more “than seasonal character during the past few months as the principal evidence of revival, the magazine finds numerous | minor -factors at work to aid construc- { tion in general. “It is much easier to underestimate than overestimate the result of higher | commodity prices upon building,” "the magazine states. The Architectural of a typical industrial many people who have been willing to | build as soon as they felt the bottom | had been reached. The: not only sense an end tc ous decline, but are fearful of building costs, it is pointed out. Won't Permit Backsliding. “Although it is true that the recent | advance in commodity prices has been | based upon anticipation inflation _rather than actual currency inflation,” ~the article continued, “it seems reason- able to think that the administration, “committed to higher prices, will not ~permit any substantial backsliding. “The immediate passage of the mort- gage relief bill allowing aid for homes up to $20,000 is another direct bo: for construction. All the renovize cam- paigns in the world will not get a man to spend $10 in fixing his front steps if he feels that within the week he may lose his home through foreclosure. | Likewise, by aiding the lending agencies the Government frees money which normally would have gone out in loans but has been needed to safeguard solvency.” ‘The magazine pointed to several minor factors that are aiding the in- of League ESTATE: THE Thirty-second Street Home Residence of Miss Emily E. Clark, administrative assistant in the Depart- ment of Agriculture, acquired recently from the builder, Joseph M. Stanley, { through the real estate office of Donald L. Luxford. | construction, the house contains 6 rooms. Of Colonial design, brick —Star Staff Photo. BUILDING AND LOAN SESSIONS PLANNED to Convene in Chicago for Three Days During September. The forty-first annual convention of dustry, notably the number of industrial | the United States Building and Loan plants which because of inactivity will demand repairs and rebuilding. This demand, plus building remodeling due to beer, plus reforestation camp work, plus dozens of other minor classifica- |t League will be held September 13, 14 and 15 at Chicago, the scene of the group's first meeting in 1893. Then, he World's Columbian Exposition tions, plus the $3,300,000,000 in public | formed the background for the meet- works, can swing the total of contracts | nz. This year a Century of Progress Jet back to a figure which not so many | Exposition will be the setting. years ago would have been considered | The 40-ycar span since the first “not so very bad,” the magazine added. 'meeting is described by Ward B. Whit- ‘Sald Mr. Whitlock. The percentage | of total families in cities and towns oc- | cupying their own homes has also in- |creased from 369 in 1890 to 46 in |1930. This rise in home ownership standards has characterized the most | moementous period in our industrial and financial development in the | United States. It has been the result largely of a 15-fold increase in build- ling and loan assets.” | Flans for this year's convention, | while yet in the formative state, in- clude a commemorative phase in the rereading of the address of the first president of the League, the late Judge Seymour Dexter of Elmira, N. Y., de- |livered at the convention in 1893—in | which the slogan “The American Home the Safeguard of American Liberties” was officially recommended to the building and loan associations through- out the country. English Houses “Stay Sold.” EVENING STAR. REALTY MARKET BETTERMENT SEEN Frank A. Simon Says Federal Reorganization Will Not Prevent Increase. An increasing market for both com- mercial and residential property in Washington, despite impending reor- ganization of Governmental bureaus and the Federal pay cui, was seen as on the way by Frank A. Simon, veteran real estate man here, “Promptly begun and prosecut Mr. Simon said, “the ad- ministration's recovery program will, by mobilizing in Washington far greater forces than the city has harbored since | war days, shortly “galvanize the long torpid realty market into an activity somewhat reéminiscent of those times “From the White House has just come assurance that there will be few dismissals from the Federal service due to reorganization. At the same time the new partnership of Government and business will make necessary the establishment here of permanent head quarters by scores of industrial lines, | adding thousands to private pay roll The new governmental activities pro- | vided for in the recovery program will bring in additional throngs of Federal workers. In fact, the adjournment of Congress should mark the beginning of the busy season in Washington, vigorously ! Effects in General. | “As for the eflects of the grievously needed and most gratefully received tax relief action on rental trends in the District, the savings to realty in- terests thus effected will be speedily absorbed by increases in the cost of maintenance supplies and the advance in wage scales which inevitably follow any increase in general business condi- tions. Certain building materials have already advanced from 4 to 10 per cent while "supplies such as paints, glass, plumbing ~supplies, etc., have been marked for further increases to be- | come effective July 1 | “Moreover, it is acknowledged by WASHIN GION, D O SATURDAY, JUNE 24, 1933. made in the budget are umpon.rm‘emment has repeatedly indicated that The budget fails to allow for much necessary construction — construction which cannot long be delayed in the face of the promised increase in both private and official activities. The necessity for restoring the old pay scale of Government employes as soon as living costs appreciably rise is dis- puted by no one. Moreover, there has been_practically no apartment houses or dwellings built in the last three years “This combination of circumstances would appear to make it plain that | . even any temporary readjustment of | rentals downward is out of the ques- tion “As a forecast of what may be ex- pected in the labor market, a glance at the May report of the Maryland | Commissioner of Labor is enlightening. i loyment throughout the State | ga less than 2 per cent in May ! over April, pay rolls in this time jumped more than 8 per This, the report adds, is the sharpest increase in wages recorded in ten vears, and the fact that the major part of the gain wes made in_the construction trades and allied industries is significant. Inflation Little Felt. “During the first three months of the so-called inflation period, or since ! March 4 of the present year, commod- ity prices as a whole rose about 7 per cent and little of this can be attributed to inflation, “That the general rise in prices has just begun is plain. That wage levels have cnly started on their climb is equally apparent. To what extent the President may choose to exercise his authority in the matter of currency in- flation is anybody’s guess, but the Gov- New Detached Brick— A Real House and a Big Bargain Has Everything baths. May recreation room. consider smali 8 rooms. 2 built-in garage. house in trade. Open to 9 P.M. Daily 338 Ingraham St. N.W. Out Kansas Ave. to Ingraham St., Ralf block west WAPLE & JAMES, INC. 1226 14th St. N.W. DIst. 3347 District officials that many of the cuts e Six Large Rooms o Two Enclosed Porches With Radiation R R e e el Rl e o e R S S N P SR DT el BUY YOUR HOME TODAY AND SAVE A YEAR'’S SALARY a return to 1926 price levels was the eventual goal. | _“Any interpretation of these early signs of changing fails to take into account crease in rental rates argues & strange | distortion of vision.” conditions which a natural in- 6,183 Houses Built Yearly. Sixty per cent of residential Phila- delphia has been constructea e 52 dwellings, at a The yearly aver- 1620 REAL ESTATE. B—3 CHURCH PROPERTY SOLD TO DEPARTMENT STORE | concern to demolish the Three Small Buildings on E Street | Likely to Be Removed for | use the space for parking cars. | ‘The negotiations were Parking Space. liam P. Normogle The Hecht Company this week ac- quired from the Catholic Church three ! pieces of property on E street, between of the church. not disclosed. A Van Buren St. N.W. Right off 16th St. Only $11,500 Terms Can Be Arranged THES most beautiful home embodies location, has investme nt features, and will please and satisfy the most exacting and discriminating taste. OPEN SATURDAY, SUND. AY AND EVERY EVENING FOR THE BALANCE OF WEEK Fidelity Mortgage Investment Co. 1105 E STREET N.W. PHONE NATIONAL 2431 | Sixth and Seventh streets, occupled at present by three small frame stores. It is understood to be the plan of the buildings, Nos. 603, 605 and 607 E street, and handtea | through the real estate office of Wil- Michael J. Curley, Roman Catholic Archbishop of Balti more, a corporation, acted on behalf The consideration was i{lock of Springfield, Ill., fortieth presi- For the first time in 200 years it is Leases Recorded ’ The following leases were registered et the office of the recorder of deeds for the District during the last week: Harris Krick to Samuel Silverman; premises, 1100 New Jersey avenue south- east, for 5 years, beginning July 1, 1933, ending June 30, 1938; rental, $5340 ferm. Rachael Lipkin to Bessie Ginsberg; | Hremises. 50 and 52 N street southwest, | for 5 years, beginning October 15, 1931, | at annual rental of $840. George W. Linkins Co., to George C. Llarke and Louise E. Clarke; premises, wioming house, the seven floors above #Ye first floor, with entrance thereto 1d the building. 1733 and 1735 DeSales iireet, and the cellar, excepting the | irint part and the vault space, and to- gither with the furnishings and equip- | ment now in said premises, for three years, beginning April 16, 1932, ending April 16, 1935, at the rate of $700/ month; privilege of extending said term | from April 16, 1935, for an additional | two years. | Mollie Katz to Louis Brooks; prem- 4scs, 1400 First street northeast; terms, five vears, beginning June 5, 1933, end- ing June 4, 1938; rental, $4,500. Mollie Sitnick, also known as Mollie XKatz, of 1038 Quebec place, to Hyman Rubinstein; premises, 200 P street, con- | sisting of store and dwelling; term, five | Yyears, beginning June 14, 1933, ending June 13, 1938; rental, $780 per annum. J. A. Cleck and A. B. Cleck to the| American Oil Co.; premises, 1927-1929 | Bladensburg road ncrtheast; term, one | year, beginning March 31, 1933, and | thereafter, from year to year, for a| total not exceeding one year; rental 1 cent per gallon on each gallon of Jessees' gasoline and/ or motor fuel sold | during the preceding calendar month | from sald premises; Elizabeth Mc- ‘Queeney, owner of said property, con- ' sents to this sub-lease. | Benjamin and Harry Berkowich to | the American Oil Co.;’ premises, 1226 | South Capitol street; term, for one year, beginning April 7, 1933, and thereafter, from year to year, upon same terms and | conditions, for total not exceeding three | years; rental, 1 cent per gallon of | essees’ gasoline and/ or motor fuel sold | during the preceding calendar month from said premises. PRICE INCREASE NOTED Gain of One Per Cent Reported in Building Materials. ‘The index number of the wholesale prices of building materials for the week ended June 3 stood at 71.8 on the basis of the 1926 average of 100, according to the United States Bureau of Labor | Statistics. | This represents a gain of 1 per cent | over the cost a month ago. All com- | moditias advanced from 619 as of May | 6 t0 63.8 June 3, the bureau reported. | | U. S. CONTRACTS MOUNT | The various agencies of the United Btates Government awarded contracts during April for buildings to cost $4.- 720,642 This is ne $1.500,000 greater than in Ma: re $7.000,000 less than in April, 1932 Centracts were awarded the pervising architect of the Treasury De- partment for a post office and Federal customs house ir Paul, Minn. cost over $1,800,00 and for a post office and customs building in St. Louis, Mo., to cost over $2.600.000. NEW 5-BEDROOM Fully Detached CORNER Tdeal for Two Families First floor cor rooms, kitchen, bath 2 Top floor has complete bat. shower facilities . rette homs and built-in as end roomy spac Basement 2-car gar: hed ball roc Do Not Delay Your Inspection 720 Whittier St. N.W. Just East of Piney Branch Road Open and Lighted Daily till 9 P.M. DISTRICT 3625 INC v 1003 K St. N.W. dent of the league, as being charac- terized by the most significant events in_the history of home ownership. “The number of urban families own- their homes has increased from | ing ~ |2,923,S71 in 1890 to 10,503,386 in 1930,” | now possible to buy the Grange at Staplecroos, England. The last trans- action for this property was closed about 1731, when ancestors of the family occupying the house acquired the estate. Washington’s Greatest Home Buy! Just 3 Blocks ® IF YOU WANT VALUE @ IF YOU WANT LOW COST © SEE THESE HOMES These new 5-room bungalows are the small-home values you have been waiting for—real homes, splendidly located. Tiled bath with built-in tub and shower, wood-burning fireplace, real 'yard. 'inclosed by ornamental picket~ fence. 6211-6227 Piney Branch Rd. Open Saturday Aftermoom and All Day Sunday Drive out 16th St. to Sheridan St., east on Sheridan to Colo- Georgia A idan and west to Col- orado Ave. from 16th St. DE LUXE BUNGALOWS Only $7,250 Terms REAL ESTATE TOWER BUILDING DIST.3100 105 WEST GRAFTON STREET Priced at $13,950 to Sell Quickly In the Better Section of Chevy Chase Here’s the kind of home you harmony with the kind of people you will like. will be proud of. It is in complete It has all the comforts and conveniences...all the refinements and appointments you'd natu- rally expect to enjoy. Is beautifully situated on a very large lot just west of Chevy Chase Circle, has a center hall, a FIRST FLOOR BED ROOM AND BATH, three other well planned bed rooms, two more baths, cozy den...in all, eight bright rooms and three baths. The home is practically new, perfectly reconditioned and reflects quality construction from the large slate-covered attic down to the substantial footings. Garage, Frigidaire, pretty shrubbery, in fact—complete in every detail. See it today or surely no later than tomorrow. From Chevy Chase Circle, turn west on Grafton St. to house. OPEN AND LIGHTED UNTIL 9 RM HOOKER Tower Re su- | Metrop. 2663 altor 12 Kennedy Drive oy $25,000 Open All Day Sunday and Daily 2to6PM. BOSS & Memvers of the Wash 1417 K St. AN AMAZINGLY LOW PRICE FOR THIS BEAU- TIFUL SOUTHERN COLONIAL — LOT 142x117 ... 6 BED ROOMS 3 BATHS . . CLUB ROOM ... VANTS' QUARTERS To reach Kenwood go west of Wis- consin Ave. on Dorsel Ave. or Bradley Lane to the en- trance to Kenwood. PHELPS tngton Real Estate Board NA. 9300 ® Recreation Room ® Built-In Garage o 231, Feet Wide ® Semi-Detached $7,950-% THAT YOU WILL SAVE CONSIDERABLE MONEY IN BUYING YOUR HOME TODAY CANNOT BE DISPUTED. The following ad- vances in building material prices have been recorded with every builder: LUMBER ..........15% PAINT 147 PLUMBING .. e..15% ELECTRIC REFRIG. 10% HEATING ...... -25% PLASTER . ...33% BRICK (common)...20% SLATE .. ..10% These increases will be reflected in the prices of all f=ture built homes. WE URGE THAT YOU DRIiVE OUT TONIGHT OR TOMOREOW AND SELECT ONE OF THE FOUR HOMES WE ARE SHOWING FOR THE FIRST TIME WHICH SHOULD BE CALLED AN EIGHT-ROOM HOUSE. THE ENCLOSED ES HAVE RADIATION AND ARE AN INTEGRAL PART OF THE BRICK OUR SALES ARRA! ENT IS FLEXIBLE AND QUITE LIKELY WE CAN ACCEPT YOUR PROPOSITION. 813 SOMERSET PLACE N.W. Drive Out 8th St., Turn Left 6300 Block HARRY WARDMAN, Inc. 1512 K St. NW. Dist. 3830 RPN OEREER AR PR RRRRTET Today’s Best Buys In Nearby Virginia An English Studio house with beautiful grounds and traditional well. Large living room with beamed ceiling, a den, two bedrooms and bath, large light kitchen and dining room; thoroughly modern; city water, and priced to sell. Go out Lee Highway beyond stop light at Falls il 2.5 8 $12.5 Modernized Colonial home for the most discriminat- ing. Beautifully situated in a grove of old shade trees, with sufficient grounds for a country estate. 10 rooms and bath and a_half, including servants’ quarters. Modern through- out. Electricity and city water. You must see this house to appreciate it. We consider this an outstanding value at the price. Go out Lee Highway to stop light at Falls Church, turn left %, mile. Houses Open for Inspection Saturday Afternoon and All Day Sunday Glen E. Eakin, Inc. 806 17th St. SPECIALISTS IN VIRGINIA PROPERTY 111 WEST ASPEN ST. Chevy Chase, Md. (SOLD) A DISTINCTIVE new home—with many worth- while features. Visit our beautiful develop= ment. We will build your home to order. See our plans and get our low prices before you buy. Open Saturday Afternoon and All Day Sunday. Drive out Connecticut Avenue to Aspen Street (ome block north of Leland St.), turn west, left 11-2 blocks to property. @féfl/owsmz A Restricted Community WISCONSIN 4299 Featuring a MODERN ELECTRIC KITCHEN Electric Range Electric Refrigerator Electric Clock Ventilating Fan General Electric Oil Burner REDUCED from $10,250 For Immediate Sale This brand new mod- ern detached Chevy Chase home of brick, stone and timber with slate roof, erected on a lot having 581-foot frontage artistically landscaped in a con- trolled subdivision of new homes. Will be sold at '9,450 COMPAR}: these specifications and come prepared to buy a well constructed home at a bona fide reduction . . . 6 well designed rooms, 2 ultra-modern baths done in COLOR TILE, large li g room with New England fireplace, open living porch, 2 double and one single bed chambers with roomy closets. Beautiful oak floors; VAPOR HEAT WITH CONCEALED RADIATORS. Screened weather-stripred, hot water storage tank, AND A FASCINATING KITCHEN MODELED AFT!R‘ THE DREAMS OF THE MODERN HOUSEWIFE, decorated in a pleasing harmony of three col- ors, with unit cabinets, console range, electric refrigerator, ven! ing fan and heavy duty inlaid linoleum. A bright, cheerful basement offers ample space for a recreation room. Exterior garage. Convenience of location is many factors, Only one block to transportation. stores. and within easy walking distance to churches, schools, ete. Also at the reduced price. a reasonable cash payment with monthly installments to suit your income may be arranged. 4809 Leland St. One Block North of Bradley Lane, One Block West of - Wisc. Ave. CPEN TODAY AND SUNDAY UNTIL SOLD ARTHUR CARROLL