Evening Star Newspaper, March 27, 1937, Page 27

REAL - LOAN ASSOGIATION LAWS AMENDED Seven States Make Revi- sions According to Annual Review of Activities. Beven States amended their laws governing savings, building and loan associations and co-operative banks last vear, it is shown in the 1936 Building and Loan Annals, 876-page volume which was off the press this week. Copies are now in the hands of 4,200 members of the United States Building and Loan League, which published the book. Rhode Island and Virginia were added to the list of States now per- mitting the use of the direct-reduc- tion type of mortgage loan in addi- tion to the century-old savings and loan plan of accumulating shares to concel the indebtedness. Most of the changes as listed in League Secretary- ‘Treasurer H. F. Cellarius’ portion of the Annals were on the mortgage- lending phase of the business. Louisi- ana, Massachusetts, New Jersey, New York and South Carolina were the others which altered thrift and home financing statutes. New Feature. The official directory of the savings and loan business, a list of 4,200 separate institutions, including the full membership of the national or- ganization, is part of the new book. Total resources, number of borrowers ana investors and #wo principal of- ficers as well as street and city ad- dresses are listed for each. A num- ber of institutions appear in this year’s official directory for the first time, according to the league secre- tary, since 300 or so additional ones were taken into the organization mem- bership in 1936. The directory section %lso includes the data and official personne! of the Federal Home Loan Banks of the 12 districts. Complete savings and loan statistical data for the year ending December 31, 1935, have their first authorized pub- lication in this book. Alongside are the facts about bank suspensions, 1864-1935, comparative growth of | savings banks and savings and loan essociations, school savings deposits and postal savings banks. Comments from practical savings and loan men in the book’s advertising | section indicate a growing preference | for newspaper lineage. Newspaper Advertising Rated Higher. Neill Davis of Los Angeles, writes: “As to media, we have found that the daily newspapers far excel radio | or direct mail as the principal chan- | nel of advertising to the public. Daily | rewspapers permit a quick change in approach to take advantage of cur- rent conditions.” A novel campaign used in a California city last year is described. Other technical discussions include “Pros and Cons of Branches,” in which Oscar R. Kreutz, chairman of the Review Committee of the Federal Home Loan Bank Board, concludes that the savings and loan business experience with branch office opera- tion has been too limited for any con- | clusions as to its wisdom Among prominent contributors to the volume are Senator Royal S. Cope- land, Henry Bruere of the Bowery Sav- ings Bank, Morton Bodfish of the United States Building and Loan League, John H. Fahey and Fred W. Catlett of the Federal Home Loan Bank Board, Allie S. Freed, chairman of the Committee for Economic Recov- ery; Fred T. Greene and Ralph H. Richards, presidents of the Home Loan Banks of Indianapolis and Pittsburgh. Lightning Is Fire Menace. Despite modern preventive methods, | lightning is still the farmer's greatest | enemy. Other leading fire causes on farms, according to the National Fire | Protection Association, are defective chimneys and heating apparatus, matches and smoking, combustible roofs susceptible to sparks, spontane- ous ignition and careless use of gaso- line and kerosene | ESTATE. New home of Mr. and purchased from Harry Poretsky, builder, THE EVENING STAR, WASHINGTON, D. C, SATURDAY, MARCH 27, 1937. New Silver Spring Dwelling Sold BY LAWRENCE CROLIUS. N THE past when many houses were being built, the architects must have been a little dubious about bath rooms. They must have had somewhat the same feeling about these important rooms that they had about horseless carriages and other “new-fangled” ideas. This aver- sion to adequate sanitation is very forcibly brought out in so many of our finest old homes, and certainly | many owners have wished that they could do something about bringing that unfortunate condition to an end. In these modern times it isn't neces- sary to have a giant space in which to Jocate a small swimming pool of & | bath tub, together with other equip- ment built along the same ungainly lines. Plumbing fixtures, like other modern devices, are being made smaller and more compact so that they can be fitted into places that heretofore would have been pretty well jammed up with | a single device. Take for instance the placing of a complete lavatory under the stairs in that recess you have been filling with assorted trash. By usimg an up-to- date lavatory of the compact, stream- lined type, together with an equally compact toilet you can create a valu- able room out of waste space. It only requires a space of about 312 by 414 feet in which to place those fittings; and think of the steps which will be saved the tired housewife and the great convenience it will be to your guests. Then, again, you may have a large closet which isn’t used very much which will make a surprisingly com- pact, but adequate, little bath room. The same thing is true of & number of other spots, such as small offsets in halls, little used corners of rooms and | many more which will occur to you | when you look about a bit. The cost of these fixtures is sur- prisingly low, too, contrary to the gen- | eral impression that plumbing equip- ment is something that you buy only | after pawning the family jewels | and placing the old homstead under a | neavy mortgage. If you call on your local master plumber he can give you an estimate in short order on this nice, new stuff, and while he may for- get his tools a few times while put- ting it.in his prices will surprise you with their lowness. To make it even more simple for you to handle the in- stallation cost of & new bath room the manufacturers will finance the entire installed cost over a three-year period, and at an extremely reasonable carry- ing charge. q}’RING cleaning and its inevitable - attack upon dirt in all parts of the home will lead you to the windows eventually, and there you will be faced with one of the least pleasant battles of the whole campaign. Instead of doing it the hard way, with all the trouble of leaning out the windows, sitting on the sills and other contor- tions, if you have wood casement win- dows in your home you can eliminate all that by installing & wonderful new device. The device is an extension hinge which is attached to the inside corners of the windows thereby allowing them to swing out away from the frame a full 4 inches. This space will allow you to stretch the arm thraugh to either side of the glass with equal ease for efficient cleaning. Not only that, A Sparkling Gem in a Perfect Setting! ce N.W In the Wooded Section of Chevy Chase, D. C. e FEATURES - 6 Bright, Cheerful Rooms Maximum Wall Space 3 Bedrooms, 2 Baths Built-in Garage Fully Insulated Automatic Heat Large Basement Convenient to School, Stores, Churches and Transporation Finest Materials and Construction Features Attractively Furnished by P. J. Nee Co. Rugs by Manoukian & Bros. Charming in its Colonial simplicity, delightfully set off by its spacious wooded lot and architectural environs, this iovely home represents a builder’s ideal in comfort, beauty and convenience: An outstanding buy at the reasonable price asked. Come see it!! Convenient Terms. Drive Out Today—or Any Day! Open, Lighted, Heated Daily Until 9 P.M. TO REACH: Drive out Chase Circle, right on Connecticut Avenue fo Chevy Western Avenue to Tennyson Street, right on Tennyson Street to 31st Place, left on 313t Place 3¢ block. Mrs. E. M. Rowalt at 912 Columbia boulevard, Silver Spring, which they through the Silver Spring office of Waple & James. —Star Staff Photo. but the fact that the metal hinges are in the corners actually strengthens the whole window and helps to keep it in accurate alignment with the different parts tightly bound together. With Summer coming on and the need for maximum ventilation hard upon us this little device will do much to provide a large quantity of cooling breeze. With the window extended in the open position a deflector is created which will direct any stray currents of air right into the room, both sides of the window having been put to work instead of the blocking effect which so often occurs with this type of window. MONEY ADVANCE SEEN Ivan Wright, professor of econom- ics at the University of Illinois, is of the opinion that the price of mort- gage money will advance, and, if history repeats itself, the advance will be “fast and furious” as soon as the tide changes in the money field. Just now, he said, money is cheap, and among the reasons he advanced was that the slack in busi- ness activity had removed a very im- portant market for capital, conse- quently funds were pushed towad real estate. This is an artificial situation and, unlike normal condi- tions, is subject to rapid change. HOME FOR APRIL COLONIAL INLINES Baltimore Architect Designs Featured House for Realty Groups. The home of the month for April, announced by the land developers and home builders’ division of the Na- tional Association of Real Estate Boards and described in detail in Mec- Call's magazine for April, came from Piper & Hill, Inc., Baltimore, Md. The original plans were drawn by Alexap- der G. Porter, Baltimore architect. The house, which is being built by realtors over the country, to be ready for public inspection next month, is handled exteriorly in the traditional Southern Colonial manner, Its long, narrow, rectangular shape allows the rooms to face both the front and the garden. The living room has ex- posures on three sides, making it an unusually cheerful room. The covered porch across the garden side of the house is connected to both living room and dining room by French doors. It seems highly appropriate to fur- nish such a house in the traditional Southern manner. Moreover, such furnishings carry special importance now, with interest of people generally turned in this direction by the re- construction of Williamsburg, Va. ‘Williamsburg colors—Colonial yellow, blue, green and gray—are right for this house. Williamsburg fabrics— chintz, leather and satin damask— would offer the right note. Colonial wall papers, Venetian blinds, dados, Sheffield silver and Colonial brasses and pewter would add charming detail. Living Room Suggestions. Carefully worked out for every room, the “Williamsburg” treatment sug- gested for April's home of the month includes for the living room: Walls, gray-green; woodwork, waxed pine; draperies, gold satin; rug, gray-gree upholstery, green, gold and crimson; furniture, mahogany with several blond pieces; accessories, porcelain and | brass. Two stairways, a back and a front one, lead to the upper floor, and the bed rooms are grouped about the two resulting stair-hallways. This ar- rangement has advantages over the usual method of grouping bed rooms around one small, central hall. There is more privacy and an opportunity of avolding the usual family noises that permeate a whole house of the usual type. The home of the month for March, selected jointly by the land developers and home builders’ division of the Na- tional Association of Real Estate Boards and McCall's magazine as one of the most livable of the 1937 small homes, comes from Detroit, with J. BEAUTIFUL 20 minutes’ drive downtown on 2 more throush sireets, Fifth and 13th Sts. Carroll_Ave. in KOMA PARK. two blocks past Washing- ton Sanitarium te sign KILMAROCK. trom or 101 ANNE ST THE HOME ILLUSTRATED AND 2 OTHERS NOW OPEN FOR INSPECTION $8,750%° KILMAROCK REET GREGORY B. MASON co. Owners and Builders Chevy Chase Colonial Homes Just South of 29th and Military Road 5323 29th St. N. W. @ Attractive new homes @ Lots 40x143 to alley @ Bryant Gas Heat @ Large Electrolux refrigerator @ Fine gas range @ Drive out to 29th and Military Rd. and thence south % square, or take Conn. Ave. bus to 30th and Military Rd. and walk east 1 square. HOWENSTEIN 1418 H St. N.W. @ Four large bedrooms @ Two baths @ Large modern kitchen @ Wonderful location @ Convenient to schools, churches, stores and Rock Creek Park OPEN DAILY AND SUNDAY UNTIL 9 PM. REALTY CORP. District 7877 Ivan Dise of that city as its architect. Large rooms in a small house have been attained by proper proportioning of floor space. The basement is so roomy that the capacity of the house REAL EST on the south side of Jefferson avenue, next to the bridge, into a four-apart- ment building. A similar request was made several months ago by O. B. Zantzinger, jr., ATE. * C—3 but was refused by the council due to complaints from property owners. His second request has been referred to Councilman Anton Kracke, jr., of the third ward for study. is increased one-third by its usable ares. Room Color Schemes. Mary Davis Gillies designed color schedules for the six rooms. Some of them are: Living room—Walls, peschy-beige paint or paper; rug, green texture type; draperies, brown floral chintz; upholstering, green, brown hintz and beige leather; Venetian blinds to match walls, brown tapes; accessories, copper and green; furniture, eigh- teenth century mahogany. Dining room—Walls, beige scenic paper above beige dado; draperies, green; rug, commercial hooked type in brown, green and coral; chair seats, coral; Venetian blinds, beige, green tapes; furniture, mahogany. Kitchen — Woodwork and walls, ivory; floor, tile pattern in brick red; curtains, sheer blue, white and red plaid with red ball fringe; accessories, blue and red. Master’s bed room—Walls, white paper, brown dot and leaf design; woodwork, white; rug, brown tweed mixture; draperies, brown and tur- quoise chintz; bedspread, white; up- holstering, turquoise; furniture, ma- hogany. Bed room 2—Walls, beige; single TS 3 asquares t turn right 3353 Runnymede N.W. ELECTRIC KITCHEN H From Chevy Chase Circle turn right on Western Ave. HIGHWOOD Chevy Chase, D. C. A Home of Distinction This distinguished detached home with its bay windows is of the center-hall plan. Living room 13x246 is paneled with unusual wood paneling, and has open fireplace with large screened porch adjoining. 3 bed rooms, 2 baths and second floor library 17x17 finished in knotty pine with open fireplace. Finished attic. 2-car garage. 1S AN '0 Runnymede, to property. OPEN DAILY AND SUNDAY szurons G, F. MIKKELSON & SON surorss MILTON F. SCHWAB, Sales Curtis Millwork, Lumber by W. T. Galliher & Bro. bed, tailored brown bedspread; cur- tains, ivory crash, banded with brown and green wool fringe; upholstering, green and brown plaid; furniture, ma- ple or chestnub; rug, brown and green. PERMIT IS SOUGHT Bpecial Dispatch to The Star. RIVERDALE, Md., March 27.—Ap- plication has been made to the River- dale Town Council for permission to convert a one-family frame dwellin; Ai CAREFULLY SELECTED VALUES $3,950 3724 Jocelyn St. N.W. (Just a few steps east of Conn. Ave. in Chevy Chase. D. C.) Six rooms and bath with reception hall. large front porch, double back porches. glass en- closed and screened—parquet floors throughout. two fireplaces, automatic Small Cash and Less than Rent $9,250 4831 Davenport St. N.W. (At Western Ave.) New. detached brick center entrance. ix well-arranged rooms, built-in garage, automatic heat. $11,950 5520 30th St. N.W. (Just Above Military Road) Chevy Chase. D. C. New detached brick first floor lavatory. 4 bedrooms. 2 baths. oil heat. finger baths OPEN SATURDAY and SUNDAY A good home is the best legacy ever left one's family J. Wesley Buchanan, Inc. Realtors 916 15th St. ME. 1143 2236 Conditioned Home” . . COOLEY BROS. PRESENT... Their Newest r-Conditioned Home ? Zi g fies 39th Place N.W. Beautifully Furnished by P. J. Nee ARE proud to present our latest new “Bryant Air- . where the weather is at your tips . . . (7) seven delightful rooms, two beautiful . . . big recreation room, modern de luxe kitchen . .. 3 big e bed rooms . . . built-in garage . . . completely insulated, caulked, screened, furred and weather-stripped . Construction throughout . . . in neighborhood. REASONABLE CAS! MEN' ONLY $9,150 ™30 tenss tine newr " . Cooley High-Grade and in Washington’s finest close- Open Daily and Sunday Gooley Bros TOWER BLDG. NA. 9240 DRIVE OUT NOW Out Wis. Ave. to Cal: vert St., west on Cal vert 'St. to 39th St. then south one block to Benion and west on "Benton to 39th PL, " left one-half block to home. Furnished in Antiques By Mrs. Moody and Mrs. Townsend Tpwering oaks, dogwoods and evergreens, unfenced velvety lawns, a winding brook bordered on either side by picturesque garden walls, rock gardens and lily ponds help create the delightful environment that has made this desirable section a fast-growing community. Within the home reigns an atmosphere of quietude and comfort. The living room invites you into the midst of refine- ment and cheer. An attractive dining room overlooks a miniature valley of Open, Heated and Lighted 738 6632 Thirty-Second Place N.W. Take first right-hand turn on Barnaby St. THoms The Richest endowments of Nature Contribute to everyday life in BARNABY WOODS Louis R. Moss, Architect R e i rustic bridges and flower gardens. A cozy den on the first floor offers seclusion with the convenience of a bath adjoining. Three upstairs bed rooms are correctly and amply spaced for furniture. Two more baths are conveniently accessible. BRYANT AIR CONDITIONING guaran- tees clean, healthful temperature in every room. A recreation room with open fireplace and bar opening directly onto the garden terrace can be the setting for many a delightful gathering. Daily and Sunday Until 9 P.M. JFisHER & (OMPANY INCORPORATED 15th St. N.W.—DIs. 6830