Evening Star Newspaper, October 10, 1936, Page 34

NG STAR, D. C, SATURDAY, OCTOBER 10, 1936. REAL ESTATE REAL ESTATE. WASHINGTO Secret Operative 48. —Bv NORMAN MARSH |[NEW CABINET SINK FHLAPAPERHED ADTODEPOSTOR New Source of Revenue to Banks Explained by Ardrey. Banks throughout the country that are purchasing home mortgages in- sured by the Federal Hous.ng Admin- istration are promoting the interests of depositors, the communities from which loanable funds are drawn, and the interests of shareholders, accord- ing to J. Howard Ardrey, assistant to the administrator and long identified with the banking profession. in the current issue of the Insured Mortgage Portfolio. In seeking out new sources of rev- enue, Ardrey said, banks must still give first consideration to the funda- mentals of security and liquidity, or availability in relation to yield. In his opinion, they have discovered these elements in the home mortgages in- sured by the Federal Housing Admin- istration. Revives Building Industry. “A substantial number of banks are now using properly proportioned but sizeable amounts of their loanable funds to make cr purchase mortgages insured by the Housing Administra- tion,” Ardrey continued. “Their ac- tive co-operation with the program serves both their communities and the THE TEAR GAS, ALL OF BANKOK'S MEN ESCAPE-- AND_ SUM. HIS EYES PROTECTED OK., SLIM--THIS 72 7 HURRY UP, MAN-- THE GARAGE WILL BE GONE IN A MINUTE / OFFERED FOR HOMES Drawers and Other Spaces Roomy Enough for Utensils and Kitchen Equipment. The cabinet sink is the plumbing industry’s newest contribution to housshold beauty and efficiency, says the Plumbing and Heating Industries Bureau, ‘The sink with matching cabinet un« derneath together sound the keynote of the scientifically planned kitchen. Drawers provide plenty of space for cutlery and utensils. Roomy cabinets equipped with generous shelf space ac- commodate pots, pans and linen. Cabinet sinks are made with a low back which permits them to be placed under kitchen windows. While cabinet sinks are made in various sizes, the 60-inch unit with double drainboards will be found best adapted for most kitchens. The sink is about 25 inches from front to back. market which takes care of all your electrical equipment with one wire, It is called the automatic electric BY DOROTHY DUCAS AND ELIZA- BETH GORDON. REFRIGERATOR with a hid- den, inner door is the latest boon to the harassed house- The electric janitor is a control for regulating the operation of dampers on domestic coal-fired heating plants. All you have to do is wind an eight- day electric clock, set it for the hours wife Who, a dozen times a| When you want the dampers closed up, with four slim metal legs that slide flat against the under surface when breakfast is over and you want to put the table away. Into this table which permits the use of three ap- pliances right on the table, all con- necting up to the one cord under- neath. You just stand your electrical equipment on top, fastening each plug The sink and cabinet are 36 inches high with a 4-inch recess toe space at the cabinet base. —_— Red and White Windows: A distinctive and different effect was obtained for the exterior of a serving table, being automatic to set | is built a triple convenience outlet, white painted house by using shut- ters on the windows of the upper floor, but not downstairs. These shut- ters were white trimmed with red, while the window sash was coated white. The lower floor windows— with no shutters—echoed the color b:dhnvmz the sash painted the same red. Shelves in Circular Rooms. Rooms with rounded sides are made more decorative by the addition of built-in shelves. Circular shelving may not be used with particularly good ad« vantage for holding books, but glasse ware, ornaments and knick-knacky | may be displayed on them to good ! effect. right to the table; the main cord runs to a baseboard outlet servicing all three. This is more than a convenience— it is a piece of furniture, too, although it might be called “electrified furni- | ture” It is good looking, the top | made of genuine American walnut day, has to reach over small dishes |and opened, and it will function for of left-over food to get at her milk | you. bottles, eggs or butter. The door| No need to start the day wrong by brings these much-used items out of | shiveringly descending to the base- the depths of the refrigerator to the ment to lift the damper yourself. No very front, without the expenditure of | need to make those special arrange- any energy. ments for the furnace man, and put yourself at the mercy of his reliability Nation as & whole by lending impetus to revival of the building industry. Revival of that industry, in the minds of many, holds the same potentialities for accelerated economic recovery that railroad development held in the de- pression of 1873 and the automobile industry held in the early 20s.” The Finest New Homes You Have Ever Seen—and Real Values, Too Ardrey outlined five principal as- pects of the Federal Housing Adminis- tration’s program whereby banks, shareholders, depositors are benefited: 1. The Federal Housing Administra- tion's impartial appraisal for insur- ance of properties which are covered by mortgages already in the bank's| portfolio enables the bank to make a | more accurate determination of the | value of its present mortgage assets, “Standardized Security.” 2. The refunding, under the in- sured mortgage system, of the bank's present mortgages, takes them from under the moratoria laws in force in various States and makes them cur- rent obligations, subject to ready sale as insured mortgages, also to periodic repayment of principal. 3. The insured mortgage is a stand- ardized security. Its underlying values are determined by the same appraisal factors, methods and standards, and | New home at 331 Oglethorpe street, recently purchased by Mr. and Mrs. Ernest Inscoe from Waple & James, Inc., builders. There are seven rooms and two baths in the house. its general provisions for amortization | payments are the same whether the EFFECT OF BLOND property securing it be located in New York or California. 4. In event of default and fore- closure, insured mortgages can be converted into 3 per cent debentures | of the Mutural Mortgage Insurance Fund. On all mortgages insured prior to July 1, 1937, these debentures are guaranteed as to principal and interest | by the Government. need not acquire real estate unless it 80 desires. 5. Real estate eligible for mortgage FURNITURE STRIKING Variety of Shades Offers Wide Range of Choice in Toning Harmony and Contrast. | —Star Staff Photo. The blond woods are particularly adaptable for use with the pastel and modern fabrics so favored among manufacturers of upholstered furni- | ture. They make lovely contrasts in| the room furnished in the darker fin- ished furniture and are well adapted to the interesting wall coverings used | ‘The smart furniture fashion note of | in the present scheme of interior deco- | Thus the bank | this season is the blond finishes in | rations. modern furniture. Mahogany particu- | larly has created considerable stir as a | many period result of its variety of colors in the | pieces have a variety of brown tones meate the whole house, is a task any Lighter finishes are also found on reproductions. Such ‘You open the front door of this me- chanical icebox and are confronted | & with what seems to be a shallow inside. | & ‘This is the magic door, on which stand | $ the things for which you usually reach many times during the day. Behind this door there is a deep compartment. You store your perishables in the rear compartment and they do not come in contact with warm air every time you open your refrigerator. dicted to home-made ice cream; no cook can keep it hard, what with opening and shutting the refrigerator during the preparations for the rest of the meal! | “Unloading” a refrigerator to get at ‘what is wanted is one of the most dis- | agreeable and unnecessary tasks of the day. so this new storage-space should be fervently welcomed. It is not the only nice feature of the re-| frigerator, however. The light that illuminates the rear compartment as soon as the inner or second door is | opened makes it easy to use the back of the refrigerator. The outside latch is noteworthy, too. It is just & tubular | chromium bar which opens the door at a mere touch. If your hands are | full of dishes, you can give it a gentle nudge with your elbow, and there you are. STOMPING downstairs to open the! damper on the furnace of a chill autumn morning, so the heat which you checked during the night can per- | fnsurance now held or hereafter ac- |blond shades. These tones include in mahogany, ranging from a gold tone man would delegate, and does, when- | quired by the bank can be more ad- vantageously disposed of by granting every shade ranging up from the light | to an almost coffee brown. This nov- | red and brown tints of fruitwood,! elty finish has provided period pieces not equipped with an automatic sto- ever possible. In the house which is to the buyer all the benefits of Fed- | through the golden brown of natural with an unusual charm and undoubt- | ker, a furnace man is often hired to erad Housing Administration insur- | sherry to the off-white hues or fully | edly will prove more popular during do this chore. But it is just as cheap ance on & purchase-money mortgage. POl USERS bleached finish. 1 for POINT PROVES REFRIGERATION 47/ OF AUTOMATIC REFRIGERATION HAVE CHOSEN the coming year. | ERFORMANCE to use the new electric janitor. I type—and the Winter's moiaing is dispersed! ‘IF' YOUR breakfast table is wont | the coffee bubbles, the toast browns, | This s | the dough is transformed into crisp especially noteworthy in a family ad- | WafMes or pancakes, you will be glad to know there is five-ply veneer in a two-tone effect. It measures 30 inches square, large | enough for four to sit at, and the legs | are so light they won't get in the way. | Built of a seamless tubing, finished | in golden brown enamel which is| baked on, the legs are shod in rubber | s0 they cannot scratch the floor. You | can move this table out on a terrace | or porch, if there is an outlet han | and serve tea or light supper of & | pleasant afternoon or evening. nd his fee. 1Install the heat- nticipating thermostat at a cost of 24—or $36 if you want a de luxe chief gloom of a to be a maze of electric wires, as new table on the THIS IS THE LAST ONE LEFT of These 14 Well-Built ALL BRICK HOMES Furnished Sample House Open Daily 2300 N. NOTTINGHAM ST. Arlington County, Va. %6,950 Small Cash Payment, Balance Like Rent Over 30,000 feet of lawn. All MODERN city conveniences. Built-in garage, open fireplace, beautiful tile bath, copper downspouts and guttering, furred walls. Drive out Lee Highway to 5900 block, past Robert E. Lee School, to our sign. A. S. GARDINER 1510 K St. N.W. North 0334 FENY BECAUSE YOU CAN RENT HALF THE HOME AND HAVE A BIG PRIVATE APARTMENT YOURSEL MODEL HOME ERE'S your chance to SAVE MONEY and own a han a fine location on wide boulevard roo; om and bath on lower floor. room. bedroom. kitchen and bath on “nd rent half the house and let the rent pay nderful_location across from City Park. ction, modern in every way, Gas furnace « big lot. DRIVE OUT TODAY Arranged Tower Bids. Open to 9 P.M. Every Day REALTOR 5123 New Hampshire Ave, LW, Beautifully Furnished by Hilda Miller me home in 01 . large living room. dining ONLY loc Tz WOODWARD & LOTHROP 0™ 1I™F Anp G STREETS Puoxe Dismicr 5300 On hottest summer days, when you need refrigerationmost, o:l!EIecm’c Refrigerators can be relied upon for sufficient reserve power to give you perfect refrigeration. MOVING PARTS Only because of the 'moving parts” in an FElectric Refrigerator can you, have perfect refrigeration and fast freezing under all temperature co ditions in your kitchen. Precision in construction of Modern Electric Re- frigerators assures quiet opoxagion and years of trouble-free service. Only Electric Refn'é;mtou ive you largeice capacity. Comparethenum- ber of ice ¢ and the size of cubes in any other type of automatic refrig- eration. gh;; greater oflicio:cy!:; Elei;:t'ric i tion provides faster freez- inqumcubutlru any other type of automatic refrigeration. Low electric rates in Washington and vicinity make possible dependable Electric Refrigeration at lower op- erating costthan any otherautomatic refrigeration. ngger preservation of the family's foods every day is essential to the family’s health. Spoiled foods are an expensive waste or a definite danger to gealth. Human beings must have pure fresh air. Electric Refrigerators have no flame and therefore do not consume oxygen from the air you breathe in your kitchen. Electric Refrigerators do not use heat to create cold. The temperature in your kitchen is lower with Electric Refrigeration. Electric Refrigerators do not give off fumes and soot. Kitchen walls never become smudged and curtains remain clean. THE ELECT}}}IVC INSTITUTE Custom-Tailored To Your Windows —Venetian Blinds —Window Shades For windows with ingenuity, dignity and simple charm—insist on Woodward & Lothrop cus- tom-made Venetian blinds or window shades. We measure and fit your windows individually —the only way to make them fit exactly and neatly. Experts make them of the finest ma- terials to give long, trouble-free service. Small wonder so many of Washington’s finer homes for years have come to Woodward & Lothrop for their Venetian blinds and window shades. Telephone Dlstrict 5300 for an estimate. MANUPACTURING DivisioN Orrics, Ssvente FLOOR.