Evening Star Newspaper, April 17, 1937, Page 28

C—6 =« .S LOWINTS (RO BORDERS Federal Savings Associa- tions Now Located in Territories. Less than four years old, the net- work of Federal savings and loan associations has spread out into the farthest corners of the Unitea States and into its distant territories. Since June, 1933, when Congress authorized their formation, their num- ber has rapidly grown until today the total has reached 1248. The names and locations of these thrift and home-financing institutions plainly in- dicate the variation in the geography, customs and life of the different sec- tions of the country. In Caribou, in the tip of Maine, is the Federal association farthest north- east. In Homestead, Fla., below Miami, is the one farthest southeast. Cutting across to Texas, in Browns- ville, is the association farthest south in the central part of the Nation. On the West Coast San Diego has & group of Federals which are the farthest southwest in the United States. On up the coast one comes to Bellingham, Wash,, the farthest northwest on the mainland in this network. Unit in Alaska, Way up in Juneau there is a Fed- eral association doing its part in the financing of home building in the far-away territory of Alaska. This institution is under the supervision of the eleventh district Federal Home Loan Bank, located in Portland, Oreg. Out in Uncle Sam’s mid-Pacific paradise of Hawaii one finds more of these Federal thrift associations. They are supervised by the twelfth district Federal Home Loan Bank in Los Angeles, Calif. Federal associations are to home financing what national bank: are to commercial financing. They are “the national banks” of the building and loan business. All are local, mutual Shrift institutions, privately officered and managed but subject to Federal supervisior and examination. They are modeled on the basic features of building and loan associations and of mutual savings banks because experi- ence has shown tha. these types of institutions are best fitted to finance home ownership. Colorful Names in Group. Glancing over the long list of cities and towns where these associations are located, the eye finds colorful and pungent names such as these: Andalusia, E1 Dorado, Hope, Piggott, Escondido, Rock Ford, Tupelo, Deer Lodge, Cozad, Tucumcari, Arcanum, Pawhuska, Wewoka, The Dalles, Windsor, Tavares, Toccoa, Nampa, Momence, Loogootee, Oelwein, Wakee- Dey, Cheraw, Tullahoma, Cuero, Quanah, Yoakum, Chehalis, Hazard, Natchitoches, Glen Burnie, Natick and Owosso. These and many more are illustra- tive of the extent of this network. In these communities, financing of the construction, purchase and recondi- tioning of home is fostered and aided. ‘The borrower, as well as the investor or shareholder, has a right to vote and participate in the meetings of these Federal institutions. Borrowers are given mortgage loan contracts that are easily understood, by which they can compute their total obligations month by month, and which encourage them to make as Tapid progress as their means permit toward the attainment of that goal which every home owner cherishes, a debt-free home. The borrower reduces the original principal of his loan with easy monthly payments. He pays interest only on the continually decreasing amount of principal, not on the orig- inal face value of the mortgage. Charters of Institutions. More than half of the Federal insti- tutions were originally chartered as such. Others have been State-char- tered associations which have con- verted their business into Federal as- sociations. While this conversion is | continuing, many associations, retain- ing their State charters, are gradually changing their thrift and lending programs to conform more and more to the pattern set by the Federals. All Federal and many State char- tered associations are members of the Federal Home Loan Bank System, a ministered by the Federal Home Loan Bank Board in Washington. Accounts in all Federal associations are insured up to $5,000 each by the Federal Sav- ings and Loan Insurance Corp. Many Btate-chartered associations also pro- vide insurance for their accounts through the same corporation. CONTROLS SOUND Bound-absorbing plaster with its air pockets that prevent the deflection of sound waves, thus deadening them without excessive reverberation, con- trols the sound within the room. It comes in white and colors, and its finished surface is of. proper hardness to withstand normal wear and tear and redecorating without loss of efficiency. Aocoustical plaster may be used with good effect in bed rooms, nurseries, telephone recesses, recreation rooms, and other sections of the household where sound control is desirable, Cure for Root Aphids. ‘Tobacco stems, if spread around the base of aster and other plants subject to attack of root aphids, will overcome the trouble. —_— Realty Sale in Hillwood. FALLS CHURCH, Va., April 17 (Spe- elsl) —Eakin Properties, Inc., have conveyed a house and lot in Hillwood to Mr. and Mrs. Joseph H. McCarthy. Consideration for the sale was ap- proximately $20,000. Sale or Rent New 4-Family Apts. REAL ESTATE. THE EVENING STAR, WASHINGTON, D. C., New Home of Colonial Design Sold This new dwelling at 4222 Forty-sixth street, built by M. E. Scarborough Co., has been pur- chased by Mr. and Mrs. James D. Bligh. The house contains nine rooms and three baths. BY LAWRENCE CROLIUS. are located right on the window sfll, HE old story about Winter com-|in the space lett by a partly opened ing and Spring not being| window, and the whole mechanism is far behind has been worked again, and now we are almost face to face with another piping hot Summer. This year, however, you won't have to swelter as extensively as you did in the past, because the manufacturers of air conditioning have been busy plying their trade and have produced a lot of new equip- ment which will make it easier for you to enjoy ideal weather at all times. Advances in design and reduction in size are outstanding features of many of the new conditioners and you will be surprised to see how com- pact & space the new ones can be housed in one little, compact cabinet without the bother of elaborate piping or wiring in the installation. ‘The air conditioners are designed to reduce the humidity or moisture content of the air in the room more than reduce the temperature to such & large extent. A small refrigeration machine extracts heat from the air as it is passed over the cooling coil by the circulating fan and also due to the fact that the surface of the col is quite cold a large amount of water vapor is removed also by con- densation. This water vapor, which ordinarily would have made the room hot and sticky, is then blown out into the outside air, thereby eliminating any need for drain pipes or the like. ‘With machines of this sort it will be possible for modernizers of even mod- fitted into. No longer must you put up with giant cabinets located in the room like small upright pianos. Air conditioners are now available which est little homes or apartments to in- e e “\Qa‘e 608 OAK DRIVE Co Silver Spring, Md. With any home, NEW or USED, st $8 750 We believe you'll agree it's an outstanding value. @ All Brick Construction ® In New-House Con- ® Six Large Rooms dition ® ‘LsiWoter oot ® :l;vrl Electric Refriger- (With Electric Blower) ® New Gas Range ® Hardwood Floors ® Fireplace Throughout ® Garage On beautiful lot 50x180 feet; close to the High Sahool and St. Michael’s Parochial School. OPEN SATURDAY AND SUNDAY UNTIL 9 SHANNON & LUCHS 1505 H St., N.W. AGENTS Drive out Georgia Ave. end turn right on Montgomery Ave. (at the armory) eontinue three squares ond bear left on Oak Drive to the Home. 6 CLAGETT ROAD A Charming Colonial Brick Home in a natural woodland setting. ~—Star Staff Photo. stall the last word in air conditioning in a bed room, dining room or living room and have automatic control of the weather at all times. You don't have to put in an elaborate system to cool a few selected rooms, and cer- shrubs and shode trees. blinds, 7.5 G. E. ice burner. SATURDAY, tainly the comfort and relaxation which you will be able to switch on this Summer will be well worth the expense, which, by the way, is rela- tively small, Wl SAW a new insulation for homes the other day which looks as though it should not only be & highly efficient method of keeping heat from entering or leaving a house but should also be & pretty inexpensive way to do the job. Many people forget that insulation is just as effective a way of keeping heat from entering a house in the middle of Summer as it is a way of keeping the house warm in Midwin- ter, but nevertheless this is true, and the home modernizer can now prepare his house against the coming onslaught of heat, and know also that his fuel bills will be materially reduced during the Winters to come. This new insulation is made of thin steel sheets which are placed between the joists by means of a unique stapling device. This little tool works like a combination hammer and gun, enabling an installer to place the sheet as he 50 desires, and with a smart rap of the stapler it is held in place with a sturdy steel staple. The installation time is obviously reduced to a consider- able extent through the use of this method of putting the material in place, and you are also assured of a rugged and lasting job. By placing material of this sort be- tween the rafters in the attic of your home you will find that a great deal of the uncomfortable heat which for- merly made your Summers unbearable will be kept out. The steel sheets op> erate under the principle of reflection and their shiny surface will deflect heat back to the outside air instead of letting it filter in and cause unpleasant stuffingss. If you would like a small booklet de- scribing the equipment which has been mentioned in this column, send a stamped, self-addressed envelope to Lawrence Crolius, Home Moderniza- tion, 53 East Sixty-seventh street, New York, N. Y. THIS BEAUTIFUL HOME FOR 43 Lee Boulevard, Falls Church, Va. Stone house—7 rooms, 3 baths, lot completely planted in flowers, flowering 2-car stone garage—overhead doors. x, largest QUALITY GAS STOVE, and Rotary oil Owner on premises every day and evening. Falls Church to Lee Boulevard and home. Venetian To inspect, through APRIL 17, 1937. Dining Room Decoration. In a sunshiny dining room the walls and woodwork are soft yellow in color. ‘Two corner cupboards, painted a deep- er yellow than the walls, have inside surfaces painted a warm apricot tone. ‘The floor is covered with walnut color carpet, while the draperies are apricot colored linen trimmed with a deep cottcn fringe dyed walnut brown. The oval table is walnut, surrounded by chairs that are painted yellow and then antiqued and trimmed in dull gold. Furniture Finishes Changed. Furniture styles for this Spring are not radically changed. However, fin- ishes for the furniture are. Bleaching for modern furniture, pickling for antique are increasingly popular. Pin. ishes for furniture are much finer than they have ever been before and greater emphasis is being placed on the finish, ir-Conditioned Homes 4500 Middleton Lane Bethesda, Md. Why buy an old-fashioned home that doesn’t give you air conditioning? These homes, located on 50-ft. lots, Southern exposure, of 6-7 rooms, 1-2 baths, breakfast nook, built-in garage, range in price from $9,550 to $10,650. Contain every modern feature of home construction design ond equip- ment. Convenient to schools, stores, transportation and mov- ies. 20 motor minutes from downtown. Convenient terms. Open Daily For Inspection Carefree Comfort With Modern Gas Appliances DIRECTIONS: One block be- yond Bethesda Bank; turn right on Middleton Lane PAUL T. STONE, INC. Cleveland 1912 National 0856 REAL ESTATE. . Drive Furnished by Frank A. Dulin, Inc. If you're a discriminating person—you'll come out to see these houses, There's a living room, dining room, library with tireplace, 3 lovely bedrooms, 2 tiled baths, both with showers; large kitchen with the very latest equipment. Beautifully landscaped lot, 60x130, rapid bus service to town. To Reach: Of course, there’s Drive out Wisconsin Avenue or Conmsoticut Avenvs to Bradley Boulevard, left to Fairfaz Road. Right to houses. FRANK A. SIMON Southern Bldg. Don’t wait any longer for the im- provements you've thought about so long—<all us, tell us what you want done, and we're ready to start. No delays, no complicated dealings with three or four firms—whatever you want done to your house we'll do it. And we'll do it quickly, neatly, efficiently, and, best of all, cheaply. NA. 3668 CONSTRUCTION CORP. HOME REMODELERS 1331 G ST. N.W. ' Built by the developers of Westmoreland. g 925 15th ST. N. W. PHONE MEt. 2495 A i WAtional 63705 > 4607 Baltimore Ave., Westhaden 200 East Glenbrook Road BETHESDA, MARYLAND $ It is o real privilege for us to present 8 2 5 0 this unusually attractive residence. Center- ’ entrance plan, large living room with fire- place, dining room, modern kitchen, TWO pleasant bed rooms, tiled bath, automatic heat, slate roof, furred walls, insulated; garage to match. A lovely home and a SOUND INVESTMENT! Drive out Wisconsin Ave. to Bank of Bethesda, right on Georoetown Rd. fo Glenbrook Rd., right 1 square to vroperty. BUILT BY S. T. ROBERTSON J. Wesley Buchanan, Inc. 916 15th Stres. REALTOR Metre. 1144 Carefree Comfort With Modern Gas Appliances THE HAMLET A DEVELOPMENT OF The Chevy Chase Land Company On a corner lot at the entrance to Westhaven . .. Three bedrooms, two baths . . . Living room with fireplace, re- cessed bookshelves . . . Colonial dining room with built- in china cupboard . .. Modern gas kitchen . .. Paneled clubroom with wood-burning fireplace . . . Attached garage with overhead door . . . Heated by automatic gas burner. Drive out Massachusetts Avenue half mile past Westmoreland Circle to Westhaven. Just Completed by a Master Builder, a Group of Individual Homes, Contain- ing Many New Construction Features. 514,950 t ==l 793 rchid Street N.. TH IS is the newest home in this distinguished, fast-selling group, just one block west of 16th St. A center hall Colonial over- looking beautiful wooded park. Contains 3 bed rooms, 2V baths, spacious living room with Colonial fireplace and mantel, built-in china closets in dining room, breakfast room, 1st floor lavatory, automatic heat with Summer and Winter hookup, brass hard- ware, furred walls, rock wool insulation, recessed radiation . . . best in traditional Early American architecture to all the features of the finest custom built home. Beautiful Back create a permanence of value in this unique develop- Porch. - Finished Attic. Slate Roof. Copper Spouts and Gutters. ment. If you, too, have wearied of the conventional, Beautiful Wall Paper and Light Fixtures. 2-car Garage with Over- OPEN SUNDAY a visit to this exhibit house will be time well spent. head Doors. TO REACH:: Out 16th St. to Orech eft om Orchid 1 AND DAILY block to ho: JACOBSON BROS. 1616 K SO.,N.VW-. Ownero—Builders One Block to Pa. Ave. 1616 28th PI. S.E. Semi-Detached Bricks One and Two Bedroom Apts. Near bus, stores and schools. 2 units_consist of living room. two bed rooms. dinette. kitchen,' bath and 3 s "$55 each. 2 units of living room. bed room. din- ette, kitchen, bath and porch; rents $50° ‘each. HEAT INCLUDED. Bulldings furred. screened, weather- stripped. insulated. Copper piping, sutters and downspouts. See Agent on’ premises. $2,000 Cash Down Open Sunday 1:30 to 6 L. T. Gravatte 15t Realter UNIVERSITY PARK “HILAND” One of a group of 10; 6 of which have already been sold. NUMBER 6 EAST-WEST HIGHWAY . o Amble closet space. . . well landscaped lot. : * Blaf f. H bedFooms. © Oil burner with summer and Srurred wails, weathorstripod. up. l.nl.lllud. & el Modern interior and group planning combine with the winter hool ® Built-in garage OPEN TODAY and DAILY TO REACH: Drive out Baltimore Blvd. Select Your Lot Will By through Hyattsoiile wild to Requirements. na, we Open for inspection Saturday and Sunday until 9p. m. Daily 2 to 5 p. m. ELECTRIC KITCHEN fo Unive = HEALTH HOME t0"Clagets Road. THIS IS AN ELECTRIC KITCHEN _HEALTH HOME Developed and Built by THOS. J. FISHER & COMPANY, INC. Agents GEORGE L. HARRISON 738 FIFTEENTH STREET N, W. « PHONE DISTRICT 6830 Phones: Hyattsville 1057-W or GReenwood 1679 NA. 0753 r X 3 Dist. 2126