Evening Star Newspaper, May 4, 1935, Page 23

R LONG-TERM LOAN BENEFITS CITED Home Owner Sgves in In- terest Payments, Board Says. The surprising sum of money which the home owner saves when he fi- nances his mortgage as a long-term amortized loan rather than a short- term loan is pointed out today in a statement from the Federal Home Loan Bank Board, which asserts that the home owner may actually save enough in interest charges on a 12- year amortized loan to pay off nearly a third of the entire princpial. The statement follows: “The Federal Home Loan Bank Board urges the half-million urban home owners whose short-term mortgages fall due this year to refinance such loans by making new long-term di- rect reduction loans, through a build- ing and loan association, life insur- ance company, savings bank or other long-term thrift institution which of- fers the amortized type of loan. Its advantages include greater conven- fence and safety for the borrower and the opportunity to save a substantial sum of money, as the following in- stance illustrates: “The home owner who borrows $1,000 on a short-term renewable mortgage at 6 per cent interest pays out $60 each year in interest, or $720 during a period of 12 years. In the meantime, he must renew his loan at three to five year intervals, incurring renewal fees and other expenses on each occasian. At the end of 12| years he still owes the $1,000. | “If he made his original $1,000 loan on a 12-year amortized basis at | the same rate of interest, he would | simply make a cash payment of about | $10 each month, and the $1,000 loan would be entirely paid off at the end of 11 years and 7 months, without a single payment of more than $10. During that time he would pay mi interest only $391, as against $695 re- quired in interest on the renewable short-term loan for the same period. | In other words, the amortized msni saves him $304 in interest charges, or nearly a third of the entire $1,000 principal, and he incurs no renewal expense during the time his loan is steadily being reduced to zero by these small monthly payments. “On a short-term renewable loan the borrower usually pays interest, year in and year out, on the full | amount of the loan, without ever getting out of debt. On the amortized loan each $10 monthly payment in- cludes an installment on the principle as well as interest on the unpaid balance. During the first year $58.37 out of his $120 in payments is needed for interest and $61.63 is used to re- duce the principal. Thus, by the tenth year this process has so greatly reduced the principal that interest payments on the unpaid balance re- quire only $14.41 out of the $120 paid in that year, leaving $105.59 for still further reductions of the principal. “Any home owner whose short- term mortgage comes due this year, or who wishes to borrow in order to build or modernize a home, should consult a local institution which makes a practice of amortized loans, with a view to saving money by re- financing his maturing debt on a long-term basis. More than 3,200 such institutions are members of the Home Loan Bank System. Many of them now have ample resources of their own for loans to home owners on reasonable terms. In addition, , they have the almost unlimited credit reserves of the bank system, enabling them to borrow at low interest rates in order to make adequate credit available for home loans in their || communities.” FOUNTS MODERNIZED Out-of-Date Drinking Facilities || Disappear in Housing Drive. ‘The replacement of drinking water facilities with modern hygienic equipment is being encour- | aged in communities where better | housing campaigns are progressing. This type of work affects partic- ularly office buildings, hotels, public buildings, schools, hospitals, churches, || UCH disappointment has been _M given local home gardeners out-of-date EAL ESTATE. in recent years from a pe- culiar trouble known as breaking of tulips. One may, | for example, start with a fine solid red variety and the very next season may have a motley array of colors and color patterns. So frequent has the phenomenon become that certain gardeners have given up tulip growing altogether. St ely enough, » hun- dred years or so ago the new varieties produced by this color degeneration were valued highly, but now the trou- ble has become so prevalent as to warrant considerations as to preven- tion. Considerable scientific investi- gation is in progress and points to the disease as being caused by a minute organism carried from plant to plant in cell sap absorbed by aphids or even by the hands in picking flowers. Rather obviously, control lies in-kill- ing the aphids and in care in discard- ing all diseased plants as soon as observed. Tobacco extracts are effi- cacious in checking the aphids. Of late, one cannot be certain that new stocks of bulbs will be entirely free of breaking the first year, indicating that the disease is present at least to some extent in the fields of Hollland. Since Amerioan gardeners have come to admire the magnificent large single colored Dar- win varieties of tulips, the breaking into fantastic color patterns is not at all welcome. Reliable Annuals. F ONE journeys among suburban gardens in late Midsummer, he is astonished to find that a relatively few of the many species of annuals listed in the Spring catalogues con- Zinnias, marigolds, petunias, calen- dulas, verbenas and salvias very fre- quently predominate, with such beau- tiful species as China asters and snapdragons relatively rare. Un- doubtedly, the limitation in species is the result of experience and mnot | a lack of desire to have a much wider variety of flowers. Many gar- deners do succeed with a much wider range of annuals by giving them particular care. Most of the satis- factory species mentioned may be sown in the open ground where they are to bloom and this, together with their ability to endure Summer heat, is often a decisive point in their selection. Several of them have good strong stems that permit of use for | cut flowers for the home. Too, there to 10. To reach: Driv ELECTRIC THE EVENING are many variations in size and color within single species. Take, for example, the zinnia, with its dwarf, giant and intermediate forms,’ and the new types of marigold, such as Guinea gold. Some, such »s the Frepch marigold, are exceedingly pro- ductive of blooms. Winter Injury. 8 THE Spring advances, the extent of Winter injury to roses and other semi-hardy types of plants becomes well marked. Dead and dying wood should be cut out promptly to give the mew growth a chance to restore the beauty of the plants as quickly ‘l!lm pgsslble. Wide- read injury climbing roses has zen repgudufi several Northern States and is attributed by rose growers to the immaturity of the last year’s growth as it entered the Winter rather than to extreme tem- peratures. In other words, the loss is an aftermath of the disastrous Winter of a year ago. Butterfly bush or buddleia was frozen back to the sofl in most local gardens. This plant will, however, stage a rapid recovery and bloom in its season. The fate of crape myrtles, frozen back for two successive seasons, is not so promising. Many plants show no new buds, although this shrub is al- ways late in developing. With such fully hardy species as deutzia, spirea, dogwood, snowballs, holly, althea and the like there is really no reason for using a high porportion of half-hardy species in the permanent plantings. Gladiolus Thrips. NLY a few years ago the gladiolus was considered one of the easiest garden flowers to grow. It was simply a question of securing bulbs or 90|d\go',d stitute the bulk of the plantings. | — ener IMONDS was good when I was a boy; s better now, with Rotenone.” SLUG SHOT kills both chewing and sucking insects, yet is non-poisonous. Dust it from the sifter-top can. Or get Liquid Write ul telling how and when to dust an Hammond Paint & Chemical Co. 61 Ferry Street Bes N. Y. Jerome S. Murray Company, Inc. BUILDERS Invite inspection of a 6-room, 2-bath brick home just completed at South Dakota Avenue and Allison Street N.E. Furnished and open from 10 e out Michigan Ave. to Sargent Road, then north to Allison, or phone Potomac 4529. KITCHEN STAR, corms, as they are technically known, and setting them in well prepared sofl. Since then a minute insect, the thrips, has appeared in large numbers, and it is now almost impossible to grow a pice stand of gladiolus without treat- ing the bulbs, and, in addition, spray- ing is often needed in the garden. Since the insects are very small, rang- ing from 1-25 to 1-16 of an inch in length, and since they spend much cf their time in the flower sheaths, they are often not detected untu much damage has occurred. Like aphids, they injure the plants by drawing out the sap. As reported by Department of Agriculture workers, this insect has been found cn various other garden flowers, making control all the move difficult. The gladiolus bloom is in- jured both before it opens and by attack on the expanding petals, which fail to open properly and are un- sightly in appearance. Bulbs obtained from recognized gladiolus growers have usually been cleansed of thrips, but home-produced stock should be immersed for three hours in a 1-to-1,000 solution of mer- cury bichloride in water. This mercu- ry compound is a dangerous poison and must be handled cautiously in wooden or earthenware vessels, as it readily corrodes metals. With thrip- free bulbs, the hazard of attack is lessened materially, although not en- tirely removed because it appears that new infestations may drift in from neighboring gardens or possibly. from other kinds of plants in the same gar- den. At least many of the leadiag gladiolus growers of the locality are following up corm f{reatment with spraying with molasses-sweetened WASHINGTON, D. C. SATURDAY, poison sprays during the, growing season. The Vegetable Garden. ETTUCE grown rapidly will con- tain 96 per cent of water at maturity and much same story is true for cabbage, s} and other leafy plants. Quality is very closely tied up with these high water contents apd hence the gardener must provide conditions which favor rapid growth. It is not sufficient to provide just enough plant food to mature a vegetable crop. There should be an actual surplus. Frequent stirring of the soil surface, especially of our heavy clay types, favors growth of vegetables by admitting air and warmth to the soll. Often it is not enough to rely cn the fertilizer supply that was broadcast over the garden in the early Spring, but to supplement it with light dre s along the rows. Nitrate of soda is an excellgnt mate- rial for these secondary applications, but should be used sparingiy, about 1 pound to 100 feet of row. Radishes are successful in local gar- dens only when sown very early in the Spring or late in Autumn. A cer- tain species of fly deposits its eggs on the radish root, giving .rise to worms that bore through the root and de- stroy its value. One ingenious grower succeeded in growing late Spring crops by covering the piants with coarse cheese cloth which excluded thé par- ent flies. It is reasonably safe now to trans- plant pappers, eggplant, sweet pota- toes and tomatoes into the open ground, although light frosts have been known to occur in this vicinity as late as the middle of May. The vegetable grower can, if necessity + Situated on more $13,500 TO REACH: Drive out Wisconsin Ave- nue to Bradley Boulr- vard. Turn left, pass the entrance to Kenwood, then straight on until vou see our sign, then turn to rioht two baths. basement heat s Electric through Company. Investment Bldg. FRENCH PROVINCIAL... AND in BRADLEY HILLS-— THAT ATTRACTIVE SECTION ADJOINING EDGEMOOR It contains kitchen and study or extra bedroom. with on_the first floor The second There is & maid’s room and lavatory in the The garage for two cars is detached The construction 1s brick. with insulated walls and ceiling. ] ings and gutterings automatic—as refrigeration. co-operation Open Saturday and Sunday WM. M. THROCKMORTON REALTOR—EXCLUSIVE BROKER than 1g-acre lot. » Jaree living room. dining room, a1 vatory 00! floor has three large bedrooms and The roof is slate with cobper flash- Washington Gas Lizot DI. 6092 MAY 4, 1935. arises, protect a few plants with up- turned flower pots or baskets, After a#bng, cool Spring it is quite a satis- faction to have real planting weather in sight. Garden Notes. losses of young flower seed- lings in the seed boxes may be decreased by setting the con- tainers in & shallow basin of water for a few minutes each *day rather than spraying the foliage in the usual manner of watering. Retunias and other tiny_ seeded kinds give particular trouble in the seed boxes. Water on the leaves provides an ideal opportunity for disease spores to germinate. It is well to transplant seedlings as soon as they show their true leaves, spacing them so that light and air can have réady access to the soil. The hardy primulas are very satis- factory early Spring plants. endure cold, wet Springs and continue to blossom over a 1éng period. The range of color is remarkable and new plants may be readily obtained by division of the old clumps. In fact, in fertile soil, it becomes almost nec- essary to divide the clumps every year, One may simply lift the clump after flowering is completed and cut LIVE IN oo UXMANOR The Suburb of Contentment HOMES ON 1, ACRE SITES OR MORE TWO NEW HOMES NOW UNDER CONSTRUCTION Be Sure and Inspect Today Directions—Out Wisconsin Ave. to Bank of Bethesda and foliow car line road to Lurmanor signs. Just 25 minutes from the heart of the city. REAL ESTATE. ¥ B—7 it into two or more parts with a knife. The hardy primula is a desir~ able showy dwarf plant for planting as a foreground in the perennial borders. Ants may become & serious, pest in older gardens and lawns, after mak- ing their nests right among the choicest plants. Fortunately the ant has a habit of collecting food and carrying it back to the nest. Certain species are very fond of sugar and | others “of antmal fats. By adding poison to these foods, it is possible to destroy many of the species. Of fe cent years, many ant poisons hdve been placed on the market in ready- to-use form and have aided greatly in the war on these pests. Isolated colonies in the lawn or garden may be quickly destroyed by a few teaspoonfuls of carbon bisulphide into a hole made by thrusing a stick into the nest. THE CHEVY CHASE LAND CO. announces the constru&ion of ifi ne@ jouse&’D located on 1ts subdivision in Maryland and the District of Columbia. These houses will vary in size and price and may be purchased on terms suited to individual requirements. Drawings of the houses may be seen at 4 East-West Highway, “The Hamlet” Connecticut Avenue and East-West Highway, Chevy Chase, Maryland, or at THOS. J. FISHER & CO. INCORPORATED 738 FIFTEENTH STREET, N. W, WooODWARD & LOTHROP 0™ ]™F anD G StrREETS Prone District S300 Custom-Made Porch, Terrace and Window Awnings By Our Home Tmprovement Division Only custom-made awnings are com- pletely satisfactory. They stay neat and trim all during their long life because they are designed and built for your individual needs. Especially when your awning problem is different—for an open terrace or an unusually shaped porch—will you appreciate the value of custom-made awnings. Our expert awning designers will study your problems and suggest the 4820 North Lane—Edgemoor, Md. ONLY A complete 6 room and bath Electric_Kitchen 37,950 stores and other structures in which water is made available to the public. The Garden Clubs HE Potomac Rose Society, estab- lished some four or five years ago by a group of enthusiastic | local growers, has maintained a| strong position from the beginning. ‘The society has staged several large | and interesting displays, including || two late Autumn shows in the new National Museum and has been very helpful to its members in disseminat- ing useful information regarding new varieties and the control of various pests, The membership is distributed || over the entire local region and is | open to any one interested in rose cul- ture. The society maintains an in- | formal connection with the large | American Rose Society. The officers | for the current year are: President, | Paul F. Brandstedt, 1424 Hamilton street; secretary, A, H. Hanson, 619 Orleans place northeast. best type of awning to suit your individual needs. Place your order now, we will hang the awnings when you desire. You will not be chargedauntil the awnings are hung. Telephone Dlstrict 5300 to secure an estimate— Convenient Terms May Be Arranged MANUFACTURING DIVISION OFFICE, SEVENTH FLOOR. 506 Quflackenbos St.N.W. See This Exquisitely Furnished Home AN APARTMENT can be no more convenient. Electricity has buried the ash man and the ice man, taken the heat out of the kitchen and put it in the stove. The seven generously proportioned rooms, with elegant recreation room and plastered and papered attic, together with the spacious porches, set a new standard for clever arrangement and artistic finish. The two bathrooms are sumptuously appointed, one with Neo-Angle tub. Of course, the heht is automatic oil, and the garage is built-in Health House with every conceivable modern fea- ture. Open Daily and Sunday 9 AM. to 9 P.M. Out Wisconsin Ave. Lane (opposite Count; to Montcomer block, turn right t g est hall If properly financed, we will consider your pres- ent home in trade. You are denying yourself if you fail to see this value before you buy. Open Daily and Sunday 10 A.M. to 9 P.M. WM. H. SAUNDERS CO., Inc. 1519 K St. N.W. Dist. 1015 To Reach Drive out S5th Street N.W. to Quackenbos Street, (left fitfty feet to house. Waterproof Your Basement and Add a Recreation Room Beautiful Prize ‘ Winning Hardy Exhi Home-Owning Opportunities 0 Tlive in this exceptionally desirable community is an opportunity in itself. To be able to purchase a new or resale home at present prices is a rare oppor- tunity. Act now—before the increasing housing shortage closes these opportunities to you. The price range is represented by the two following examples— & Inspect These Homes Today! 4413 Klingle St. N.W. . Very attractive 6-room home. Extra large rooms. House surrounded by lovely grounds. Priced for quick sale at $10,750. 4400 Cathedral Avenue All-stone_home—owner desires immedi- ate disposal—has priced property accord- ingly. 9-room, 3-bath house at the en- trance to Wesley Heights; complemented on opposite corners by fine residences of An Interesting New Williamsbure Colonial in Barnaby Woods Bloom this year—biooms 5 to 7 inches wide. Wonderful wide. Wond Trnmnaurzmeno—yeUDw 12 i 12 NOVELTIES FOR 32 YOUR ROCKERY Globularia — blue; Jasione — blue; pine _Fopples — mixed: =Arabls ink; English Primrose— : Potentl 2 leractum 3 ac: Violet—pink: Cru- ite. “A big value. Pink Scented VIOLETS, Bloom all Summer_. Briliact wine sed n - VIOLA. “Abricot Gisen, Avricot Orange SPECIALS IN ANNUALS SNAP 50 $1.10 If your basement is damp and unusable— waterproof it and transform it into a cheery, comfortable extra room—a work- shop, play room, gym- nasium, or a recmtio, room. In waterproofing your basement, the Home Improvement Division uses the highly satisfactory “anti-Hydro” method. It permanently seals concrete, brick, stone and hollow tile walls so that water and moisture cannot seep through. Whether your problem is a basement condition below grade or a wall condition above grade, “Anti-Hydro” method is the recognized satisfactory treatment. Novelty $1.10 $1.10 $1.10 iving porch. hree bed rooms a dressing alcove, two baths, exceptionally good 100 W. C. Miller and A. N. Miller. Lovely finished. insulatec attic and a two-car Standard Oil burner landscaped grounds, Price . . , $27,500. neral Electric kitchen equipment. itusted in the new development I 6435 Barnaby St., Chevy Chase, D. C. : ot e CLAUDE G. JOHNSON, Builder Col. 7013 416 Shepherd St. NW. Dist, Bloom this season. 40 NOVELTY STOC! Fine mixture of colors 35 PHLOX DRUMMONDL ice mixed colors . . WALL 40 ENELISH WALL scented. Bright col 25 AFRICAN ° 'DAISIES. Mixed colors. Fine f¢ 10 S]-i8 Te;gfhone District 5300, Home Improvement Division, and we will gladly send a representative to your home to submit prices and suggest the manner in which your waterproofing problem should be treated. HoMz IMPROVEMENT DIVISION, SEvENTH FLooR. 'rom Conn. Ave. % ol dse. dper oot eu rs aight o Each of ‘turn ‘right to Varietles, 60 a above ~ Six vlants in $1.50 W.C. & 1119 17th St Illustrated Catalog Fres NEW MARKET PERE! GARDENS 55 Randolph Road. New Market, N. J.