Evening Star Newspaper, November 23, 1935, Page 25

REA L ESTATE. “BON” DANGERS WARNING ISSUED Loan Groups Areg Asked to Play Part in Avoiding Instability. Calling upon the managers of savings and loan associations to play their part in avoiding the instability inherent in the coming real estate boom, Marton Bodfish, Chicago, ex- ecutive vice president of the United States Building and Loan League, told the recent league national convention in Cincinnati that it is possible to have a stable mortgage market and a Telatively stable real estate market. “We should not blind ourselves to the fact that the base has been laid for a colossal expansion of mortgage credits,” said Bodfish. “Every fact points to a real estate boom of major proportions, particularly in residential property. We ask ourselves whether we have made any preparations to prevent that burst of activity from leading to a repetition of our recent experience. “The real problem of leveling out the line of business depressions lies right in the minds and planning of the business men themselves rather than in any other arrangements,” he said. “Bigger and better depressions will be partiglly avoided, at least, if we pro- ceed courageously on banking reform. ‘The next factor which will serve the same end is sound monetary policy, determined in light of experience and suggested by the best equipped schol- ars and business men, not only from | this country, but from other parts of the world. The maintenance of = seund and conservative, but complete competition will assist us in dealing with changing business canditions, as it forces the entire business structure to be mobile and to respond to the changing conditions which face the consumers and customers of this sountry. “We are building toward another depression, which will seriously affect our form of Government, if not its permanency, unless we abolish all sorts of subsidies and preferential | treatments, be they called tariffs, progessing taxes on food stuffs, 312 per cent interest on farm mortgages or what have you. The tax system of the country, from start to finish, but particularly as it affects real estate, needs study and alteration in the interest of more stable and pros- berous business conditions.” AIR VALVES IMPORTANT Contribute to Maximum Efficiency of Heating Plants. Free-breathing air valves are neces- sary for the maximum efficiency of a steam vacuum, or hot-water heating plant. The replacement of inefficient valves is one of the most important factors in insuring the best perform- ance of a heating system. When an air valve does not work | freely the radiator will heat too slowly, because the retarded action of the air valve will not allow the free venting of the air. If the air valve is completely clogged the radiator will remain stone-cold, no matter how much fuel is burned. If the valve is a float type and is sticking, it should be cleaned. Every good heating contractor is in a posi- tion to recommend a preparation | which can easily be applied and which forces its way through all internal passages and all obstructing grease and sediment removed. Nets to Keep Out Sharks. Aroused by the large number of | sharks along the coast, the govern- ment of Australia has ordered the placing of mesh wire in the water surrounding all priicipal bathing beaches. Work i being started at once to make bathing safe during the present season. \ Mrs, THE EVENING STAR, WASHINGTON, D. C, _SATURADAY. NOVEMBER 23, 1933, respectively. Town. I'iouses on Reservoir Road Sold These two attractive town houses, located at 3324 and 3326 Reservoir road, have been purchased bv Mary O'Hare Biberstein and Thomas M. Wilson have acquired some of the atmosphere of old George town. These houses, built by Boss & Phelps. ——Star Staff Photo. GROWING OF GRAPES HELD ADVISABLE | Maryland U. Horticulturist Cites Advantages to Home Qwners. Property owners, who have become discouraged in trying ta grow archard cultivation of grapes on the lawn. | According ta Walter R. Ballgrd, horticulturist for the University of | Maryland Extension Service, grape vines lend themselves well to culture |on a small scale, require iittle care and spray, and, by proper training and pruning, can be kept within bounds. In addition, they are readily adapted to almost any type of land- scape plan, it is peinted out by Mr. Ballard. The foliage is attractive, the screens, boundary plantings or covers for arbors. Also, the fruit produced | thereon both delicious and Rutritious. Annual pruning of the grape vine is important, accerding te Mr. Bal- |lard. Although new fruit is produced on canes from the previous season. Ithe usual practice, he says, is to leave | too many of these canes. If a gen- | erous supply of fruiting wood is per- | mitted to remain, thea the smaller flower clusters should be removed, thus allowing development of the larger clusters. It is alsa important to protect the bunches of grapes from destruction by insects and birds This may be accomplished by pinning paper bags | over the bunches of grapes when they are the size of buckshot. The bags should be permitted to remain until the grapes are fully matured. In addition to the older varieties of grapes, such as Niagara, Cancord and Delaware, Mr. Ballard suggests trying the following new varieties: ©ntario, Sheridan, Fredonia and Golden Museat. is AR T Turkish Program. Turkey is also working under a five- year industrial plan. SILVER SPRING, MD. NO. 14 TOLL HOUSE ROAD 9,500 Four bed rooms, two baths, built-in garage, living and dining rooms with French windows to screened-in porch. Shrubbery. Seven Oaks subdivision. frontage. 126 feet Qut 16th Street to Silver Spring, them on Colesville Pike, turning to right at Mrs. K's Toll House Tavern. BAINS REALTY CO. 8413 Georgia Avenue LOOK FOR THAT 1 Shepherd 1392 THE HOME NSURES mODEHfl 4,0/, GAS [IANS A Washinglon Gas Light Co. @ Georgelown Gas Light Co fruits on the home grounds because | of the difficulty and expense ot spray- ! ing properly, are advised to try the| vines are long lived and useful as| | | New York's zoning laws should be NeaL .York Zone Laws Urged To Fit 12,000,000 Population business population natural to a8 com- revised to fit a city of 12,000,000, Ralph | munity of this size could be housed on Walker, member of the Mayor's Com- mittee on City Planning, declared at a symposium of the New York chapter |of the American Institute of Archi-, tects. “If New York were built up to its zoning limitations,” Mr. Walker as- serted, “it would contain dark-towered buildings of sufficient bulk to house 250,000,000 people.” ing that a population limit twice the size cof the present city would be ade- | | ordinances now existing, these areas will tend to increase and the city will | be forced to take over a great many of | them because of tax delinquency. | quate. Mr. Walker, a member of the archi- tectural firm of Voorhees, Gmelin & ‘Walker, designers of some of the city's notable buildings, discussed ‘‘Public Control of Property Through Zoning and the Police Power” at the first of a series of symposia on “Working for the Better City” inaugurated by the chapter, of which Hobart B. Upjohn “i president. “The area now used for residence | would house 12,000,000 people in build- | ings of about three stories on a 50 per cent coverage, that is, leaving one- half of the land for gardens and open spaces,” Mr. Walker continued. “A EXHIBIT HOME 3001 LEGATION, He pointed out | the need for revising the zoning laws | within reasonable limitations, suggest- | about 10 per cent of the area now zoned for business in bulldings of not more than eight slories, also with a 50 per cent coverage of the land. “Our present zoning ordinances are granting privileges to a few land own- ers at the expense of a great many. The majority of property owners are | paying for this privilege by not being able to obtain an adequate return on their property. This situation is evi- denced by the extent of blighted areas developing in the city. “If building continues under the While some people believe that it is going to be difficult to provide the parks which New York City needs, it may yet be found that this land is usable only for park purposes.” Treasury Scales. A new set of scales for the United States Treasury Department weighs $350,000 worth of gold at one time with 2 possible inaccuracy of only & MQ worth, Consider These NEW HOME FEATURES Home Furnished by Nelson Furniture Co. Draperies by John F. Ligon €Co. Ruos by Manoukian i 30th hame buyer ciates. Open Saturday and Sunday—2 te 9 P.M. Open Week Days—4 to 6 and 7 te 9 P.M. DIRECTIONS: Drive out Conn. Ave, to Mili- tary Road, right on Mililary Road, lejt o 30th Street ta homes, BRADLEY, BEALL & HOWARD, inc. Ezclusive Agents Insurance—Real Estate—Loans Southern Building NAtional 0271 SEMI-DETACHED, ALL-BRICK 6316 8th St. N.W. 8 Rooms and Recreation Room $7,650 Buitable for two families, near car and bus lines, within walking distance of schools, store and churches, Entire house in new condition, Open Daily and Sunday, 9 A.M, te 9 P.M. HARRY WARDMAN, Inc. 1512 K St. N.W. DI 3830 HUNDREDS INSPECT | [Fomes in Maryland ROLLINGWOOD HOME| [ Need $21,000,000 Repair Expenditure New Air-Conditioning Method Is Demonstrated in Taylor Structure. Continuing to attract hundreds of visitors daily the New American Home is proving interest of the public in modern design, plan and equipment. The home, built by Waverly Taylor, Inc., in Rollingwood is sponsored by the General Electric Co. in & Nation- wide campaign of hundreds of homes being built to stimulate home owner- ship and to demonstrate the newest practical ideas in home design, plan and equipment. Two ideas have been uppermost in the minds of the sponsors and build- ers, first, that home design should begin with an efficlent and livable plan, and second, that a modern home should be air conditioned. Architects, builders and housing authorities have been lavish in their praise of the plan of the New American Home, in the efficient use of space, room pro- portions, light, ventilation and con- venience for Hving. At the same time, the exterior has been designed as a modern adaptation of Norman to present a beautiful picture of good proportions and color harmony. The air-conditioning system is so new that it is not generally under- stood and in this home its benefits are fylly demonstrated. There are, of course, no unsightly radiators, warm air being supplied through small grilles in the walls near the ceiling and exhausted through other grilles near the floor. The system is designed to provide six changes of air per hour, all the air circulated being first filtered to remove every particle of dust, then warmed by passing over steam coils and finally humidified to any desired percentage of humidification. C. C. €. Cooks Get Garbage Test.! DES MOINES (#).—Student cooks | trained for duty at Iowa’s 38 C. C. C. camps have to be good, or else—— | Capt. George Martin, commander | of the Fort Des Moines untt, who has | charge of them, checked up by look- ing into the garbage cans. “If the food is good,” he said, “the men will eat it. I don't want to see anything but bottle caps in the gar- | bage cans.” A recent survey of farm homes ment of Ioundltlon;, 22 per cent need new roofs and 10 per cent nead to bave the floors renovated. Paint is gonerally needed on all the khouses, according to the sur- vey. The total cost for all of these repairs would amount to $21,000,000 for the State, or an average ?t $400 per home. 927 15th 5t. N.W. New Home Silver Spring, Md. Priendship for builder. Admira- tion for the besutiful snd imposing 6-room brick home he has just hed. Its beautiful setting on e lot, amid gient o siasm for the work he has so well done, and its very modest price of $9,550 prompts this ad. Information Cheerfully Given, 6 to 8 P.M. Phone Col. John E. Hunt Betired Army Officer Wisconsin 2938 VALUE Open Today and 2801 28th St. N.W. Today and C om pletely reconditioned ? P.M. home on fine residential street im Woodley Park, just a few blocks from the Wardman Park Hotel, near transportation, stores and churches. Colonial front porch, 6 large rooms, tiled bath, glassed in and heated sleeping porch, double rear porches, modern kitchen with electric refrigera- tion, brick garage. Open and Lighted Today and Sunday Until 9 P.M. '~ H.G.Smithy Co. 811 15th St. Na. 5903 SIX BRIGHT ROOMS 1 DESIRABLE XVIRONM NE SQUARE TO BES | LiNE Sifll‘l‘ l}l I0OL METAL WEATHER STRIPFEDR OIL BURNER NE FIREPLACE 'l'! ROOF 1505 H St. N.W, REAL ESTATE. STORES TURN “PERIOD” Chain of Grocery Firm Uses Late . Georgian Style. A nationally known chain of grocery stores in Prouingetown, Mass., hag gone “period” in the hope that this architectural remodeling may influ- ence retall business to beaut!fy estab- lishments in all localities having a historical background. Late Georgian is the style adopted as being most in keeping with Prov- incetown. Instead of the customary brilliant red, the stores hgve been painted white and gray. The displey windows are wide and low, small paned and divided by reeded pilasters. The awnings have a decoration of sailboats. Eighteenth-century lettering is used on the signboards, which are WESLEY HEIGHTS CORNER—OPEN SUNDAY 4501 Cathedral Ave. N.W. 7 large rooms, automatic heat, center hall plan; home in perfect condition; 2-car garage. FRANK S. PHILLIPS REALTORS Exclusive Agent. District 1411 EXTRAORDINARY! CHEYY CHASE + °8,950 Two Quality Built New Brick Homes . . . Values That Absolutely Cannot Be Duplicated in @ Comparable Location TILE BATH WITH SHOWER EMENT WINDOWS ELECTRIC REFRIGERATION PANELLED LIVING ROOM HALF-PANELLED BINING ROOM TILE AND BRICK GARAGE Exhibit Home, 5601 30th St. N.W. Large Finished and Heated Attic “WHITE OAK TERRACES” at the entrance of “BARNABY WOODS"! nting three imposing homes reflecting the lubduod elegance of sl'urdy Georglen cnhlhctun bit Home—6319 Utah Ave., Chevy Chase, D. C. Furnished by Hutchison’s, Inc.—Draperies by Ligon FRAMED WITH Giant Oaks Irregular Terraces A RockeBound Spring A Rippling Brook Paths Lovely Scenic Vistas CLAUDE G. JOHNSON, Builder To Inspect: Out Conn. Ave. to UN;::";‘“ Au&. e L dhs S e o “propers OPEN AND HEATED DAILY AND SUNDAY TO 9 P.M, Presented by surrounded by tiny carved wooden urns. The side entrance is pure Geor- glan, flanked by carved wooden adver- tising plaques. e e e — e aa————————— A GOOD HOME TORETIRE TO WHEN “The Day I's Done” ~6115 Western Avenue Here on the District side of Western Avenue a three lovely homes which will make a pleasant retreat for you when the busi day is done. They the cheapest home in Washington, but are out- standing values for superior location and construction. They are located conven- iently to schools, churches and transportation, and each contains three lovely bed- rooms and two baths, rec ation room, open fireplace and many other comforts, including oil burner heat, concealed radiators, rock wool insulation in rafters over third floor and garage with overhead doors. 3 To Select From 313,50'! $13,95¢ I $14,250 TO REACH Drive out Commecticut Avenus to Chevy Chase Circle, rioht on West= ern Avenue to Runnymeade. Built By H. G. Smithy Co. J. Wesley Buchanan, Inc. The Economical Conuenient Way to Borrow Money 2\ ACACIA Real "\ Estate LOANS Definite, Easy MONTHLY PAYMENTS $6.15 per $1,000 or $6.90 per $1,000 OR $8.00 per $1,000 NO COMMISSIONS OR OTHER CHARGES except title expense and small appraisal fee GRADUAL REPAYMENT On one plan the loan is paid up in 25 years; on the second plan, in 19 years and 11 months; on the third plan in 15} years. YOU PAY LESS INTEREST EACH MONTH Under these economical, convenient plans for bor- rowing money, you pay back a little of the loan each month, with interest only on the outstanding principal. You pay a less amount of interest each month. As a special priv- ilege, you can make larger payments, or pay your loan off completely any time. Be sure to ask Acacia about this valuable fea- ture. Acacia loans are available to owners of satisfac- torily located properties in Washington and near- by Maryland and Vir- ginia. The $6.15 per $1,« 000 plan is available only on new properues or properties recently come pleted. Call at Mortgage Loan Department MUTUAL LIFE INSURANCE CO. Assets More Than $56,000,000 1437K St. N.W. H. JONES & CO., Inc. §520 CONN. AVE Cle. 2300 Washington, D. C.