Evening Star Newspaper, July 24, 1937, Page 23

[ reeoe ] The Fpening Har BUILDINGINDUSTRY INCREASE HALTED IN JUNE OVER L. . But Recession Is Regarded Merely as a “Breathing Spell” in Field, SHORTAGE STILL EXISTS FOR HOMES, OFFICES Labor Bureau Reports From | 1,437 Cities Show 5 Per Cent Drop for Month. BY JAMES Y. NEWTON. The steady climb of the building industry nationally toward complete recovery was halted temporarily in June, as, for the first time since De- | cember, 1934, permits issued for a | current month showed a decrease as“ compared with the corresponding month of the previous vear, Secretary of Labor Perkins announced today in reporting the Bureau of Labor Statis- tics survey. | Regarded merely as a “breathing | spell,” the slight decrease in construc- tion totals is not taken seriously. Ex- perts agree a shortage still exists over the country both for residential and commercial space which would permit tremendous expansion of the industry. The awakening of building in recent months has done little to | fill the depression-created need Ior housing. Reports received by the Labor De- ' partment from 1437 identical cities | show a decrease of 5 per cent in the | aggregate value of buildings for which | permits were issued, comparing June, | 1937, with the corresponding month of 1936. Over the same period the value of new residential buildings de- creased 8 per cent and the value of new non-residential buildings dropped off 15 per cent. In contrast, the value of additions, alterations and repairs to existing structures increased 18 per cent. Washington Third. Total valuations for the half year showed Washington in third position in construction among the major cities of the country. This total for the District is $27,280,760, an increase of about $5.000,000 over 1936. New York City lead the Nation, followed by Los Angeles and Detroit. Chicago and Philadelphia were among the cities trailing the Capital at the half- way mark of the year. Compared with June, 1936, a de- erease of 14 per cent was shown in the number of family dwelling units provided in the cities, Miss Perkins stated. This decrease was almost wholly accounted for by the falling off in building construction in New | York City. In June, 1936, the value of permits issued for private residen- tial construction in New York amount- ed to $26,283,000; last month the | amount was only $4.400,000. Secretary Perkins’ announcement eontinues: “Had it not been that the Public | ‘Works Administration awarded large contracts for low-cost housing proj- ects in Detroit and Minneapolis, the value of residential building would have shown a much greater decrease as compared with a year ago. Con- tracts were awarded by the Public | Works Administration for two pro]-\ (See SURVEY, Page ~C- 4\ ONLY TWO REMAIN IN EDGEMOOR Four families are finding happiness in our new Early American homes in Edge- moor. Fine homes on large lots in this splendid suburb have been the reason for their purchase. Bix large rooms, 2 baths, recreation room, breakfast room or attic, gas heat, ga- rage, all available in the two left. The exhibit house is 5409 Hampden Lane TO REACH: Out Wisconsin_Avenue to trafic light in Bethesda. Turn sharp left to Edgemoor Lane to Ezeter Road. Turn left again to Hampden Lare. Open Every Day Until 9 P.M. H. G. Smithy Co Natl. 5904, 811 15th St. N CORNER of 15th ST. & DELAFIELD PL. 1413 DELAFIELD PLACE fine residence, on the cor- ner of 15th Street, is one of the outstanding homes in this sec- tion. Situated high, on a large corner lot, the home is of finest quality throughout; 5 bedrooms, 3 baths, slate roof, 2 wonderful | ing | and explore the factors which may WASHINGTON, D. C, SATURDAY, JULY 24, 1937. Building News Beautiful New Dwellings of Capital Area Recently Built and Sold Home of Colonial design, located at 3349 Runnymede place, built by G. F. Mikkelson & Son, and sold to an undis- closed purchawr [00-YEAR HISTURY Booms and Slumps of Past Help Mold Future Policy. Analysis and study of real estate cycles and statistics on city growth | for the 100-year period 1837-1937 enable the Federal Housing Adminis- | tration progressively to substitute | seasoned judgment for guesswork in mortgage lending operations, accord- to James S. Taylor Writing in the current issue of the Insured Mortgage Portfolio, omcm‘ publication of the Federal Housing Administration, Taylor points out that while time and changing condi- | tions may alter the cource of local real | estate cycles and modnfy the program ! of city growth, the lessons of the past | are the only existing guides to the fu- ture. Both mortgage lending institu- | tions and the F. H. A. must, thererore.{ study past fluctuations and trends | modify the market in the future. Studies of the several statstical indices available for each of a num- ber of cities have revealed interesi- ing facts, among which are (1) the fact that the real estate cycle usually ranged from 15 to 20 years, from crest to crest; (2) that business ac- tivity and real estate cycles do nut always move in the same direction; (3) that local real estate cyrles are apt to move more or less rallel. (See HISTORY, Page C-2.) SHEPHERD PARK The best detached home value | in the best section of Shepherd Park. ‘The price of this Breuninger- built home is amazingly low. Seeing Is Believing 1616 13th ST. N.W. Open Sat. & Sun. 1 to 9 p.m. L& Brenningers Soms 1730 K St. NA. 2040 0/ [t.l/t? WOOJ @ New American Homes, adjoin. ing Rock Creek Park ‘at Beach Drive and Leland Street, on beau- tifully wooded lots, with 3 and 4 bedrooms, 2 baths, paneled library and basement lounge, maid's room and bath, 2-car garage, G.E. qir conditioning and electric health kitchen. @ Model home open daily o 9:30. WAVERLY TAYLOR %= 1522 K Street NAtional 1040 Newly Reconditioned 3614 34th St. N.W. An unequaled home velue in the most desirable section of Washington. A 6-room brick, semi-detached house with o glassed-in breakfast room, and Beautiful dwelling at 15 Abington road, Westmoreland Hills, Md., recently built and sold by Korzendorfer & Brooks, Inc. SIXTH STAR HOME CLOSES TOMORROW Attractive New Structure Open Today and Tomorrow as 30- Day Period Ends. The public will be afforded final opportunity today and tomorrow to visit the sixth Silver Star Home of 1937, an attractive new Colonial dwell- —Star Staff Photos. ing at 1813 Parkside drive, the Colo- nial Village, as the 30-day exhibition period will expire. Located on a beautiful lot overlook- ing Rock Creek Park, the 8tar home has attracted the attention of several thousand visitors. It was built by Paul T. Stone, Inc, and was furnished by the P. J. Nee Co. The firm of Boss & Phelps, realtors, is presenting it for exhibition. There are nine rooms and three | baths in the home, which is built of soft-toned red brick with ivory exte- | —— n Unusual Corner Brick ina Beautiful Setting 3000 Legation St. N.W. Seven bright rooms, two full boths, lavatory, porches, automatic heat, attached garage, extra large lot. Convenient to the park, stores, schools and bus. A new house, ready to be occupied. Open Daily Until Dark RALPH MORGALI 923 15th St. N.W. Natl. 4353 i e e ) Extraordinary Values New Detached Brick Homes Government Park All Completed Houses Have Been Sold vooms. 2 tile baths, floored attic, Gl carare, Sutomatic” heat, PRICED AT $10,975 hibit House 4413 Warren St. N.W. Built dbv J. B. Tiffey Open Today end Daily FRANK S. PHILLIPS 927 15th St. DI. 1411 M’FC'OFN-Nfi Wfl?fl.mgg By Cooley Bros. in CHEVY CHASE GARDENS 4622 DeRussey Parkway A beautiful center-hall, corner home on a lovely, landscaped lot. FIVE beautifully large, conveniently arranged bedrooms with mirrored doors, many closets and 2 complete tile baths. is a first floor and basement lavatory, roomy breakfast nook, 2 large, open fireplaces, Venetian blinds in living and dining rooms, very large recreation room and private side porch and brick front entrance with wrought iron railing. There This home is rior trimmings. Spacious lawns sur- round the house, which is unusually liveable. The best route to the home by au- tomobile is out Sixteenth street to Kalmia road, left on Kalmia road to West Beach drive. past Plymouth street to Parkside drive, thence right to No. 1813. Dr. and Mrs. Euuene W Htggma have purchased this dwell- i | ing at 4812 Ellicott street from Algernon S. Gardiner, builder. TALENT MOBILIZED FOR SMALL HOMES Plan to Eliminate Shoddy | Construction in Low- Price Field Advances. Lending agencies and architects to- day were responding to an invitation from the Government to give the small home seeker a “break"—to see that the millions in his pocket will be spent to yield him the largest pos- sible return. Wtih the formal announcement of | the new Federal home building service | plan by the Federal Home Loan Bank | Board last week, organizatoins swung | into action throughout the country. Many of the largest lending institu- tions in Western Michigan met at Grand Rapids to indorse the plan and | work out a coherent campaign; the | Federal Savings and Loan Associa- | tions of the Twin Cities met at St. ! Paul and unanimously pledged them- selves to the home building service; | meetings were scheduled by lending institutions from Memphis to Los An- geles, while in many other parts of the country architects and technicians ‘were being organised. The plan is designed to give archi- tectural advice and supervision on tofore rarely utilized, to prevent shod- of property value. It was develyoped by the bank board after the opera- New Srone [omes WITH 4 BEDROOMS MODEL HOME 5311 FIRST ST. AT CONCORD AVE. B 4 bedrooms, 2 baths, studio room or study, MODEL HOME TODAY OR ROW NIGHT. IG, beautiful 21-ft. stone homes with 2 stone fireplaces, big recreation room, big lot and garage. See Open Daily and Sunday to ROBERTS- BUILT ished by Hutehisen, Ine. BEITZELL] REAL’ 1515 K St N.wW. attic bed TOMOR- Ton Dis. 8100 FOUR BEAUTIFUL HOMES Furnished—Open for Inspection METZLER ALW AYS CONSIDERS TRADES ON ALL HOMES ADVERTISED 5415 NEVADA AVE.—CHEVY CHASE NEW—JUST COMPLETED yard—2-car brick garage with ov not just another speculative house. Road on Nevada Ave. hung doors. See this he: ditioned Chery Cha today. Just off Military 1614 MANCHESTER LANE Just completed—3 buili—2 sold. Ceater-hall plan—8 ree; ‘den on 15t foor with Tavatory. De Luxe Eitenen. = Alr L yard—garage. d_ 2 baths. ditioned— To Reach drive out 16th 8t. ust past Madison 8. . !hnnmt Lane. pen all day today and evenings till ® 5630 16th ST. NW Exquisitely decorated and_furnished. A leal sacrifice of 16th ulrm s y home we st beaut! dy construction and its inherent loss | | homes costing $7.500 and less, here- | tions of the Home Owners’ Loan Corp. revealed the full extent of the use of improper materials and flimsy work- manship in the small home fleld. Results Being Recorded. At Grand Rapids Fred T. Greene, | president of the Federal Home Loan Bank of Indianapolis, and seven of its directors met with representatives | of leading building and loan organi- | | zations. Those present heard Fermor 8. Cannon, president of the Railroad Men’s Federal Savings and Loan Asso- | Massachusetts avenue extended, PAGE C—1 THOUSANDS LAUD MEDIUM-PRIGED SILVER STARHOME Westhaven, Md., Residence Has Practical Early American Motif. ENTERS THIRD WEEK OF DISPLAY TOMORROW Furnishings Show Possibilities to Prospective Average Family Buyers. Praised by thousands who have ine spected it, the seventh Silver Star model home of 1837 tomorrow moWes into its third week of public display under auspices of The Star. Located in the picturesque come munity of Westhaven, Md., just off thia new home was designed by Schreier | & Patterson, American Institute of | Architects, and built by the Weste haven Development Corp., of which Albert W. Walker is president. Its early American architectural motif has been faithfully carried out in interior decorations, executed by the studio of interior decoration of Woode= ward & Lothrop. The essence of livability in its plan, the Westhaven Silver Star home re- ceived the approval of The Star's Model Homes Committee for its au= thentic interpretation of early Amer= ican architecture, sturdy construce tion, careful placement of rooms in | relation to one another, as well as vironment and community plan. In Medium-Price Bracket. The exhibit dwelling is styled for (See SMALL HOMES, Page C-6.) (See STAR HOME, Page C-2) Chevy Chase Hills A New Connecticut Avenue Development Neighborhood and environment are of prime importance when buying @ home. Chevy Chase Hills, bounded by Connecticut Ave. and the Columbia Country Club, enjoys this unique advantage over other developments in this price field. You also will be pleased with the chorm of the simple Early American architecture. Here is a truly refined home, in o restricted community omid wooded surroundings; terms ectu- ally less than rent. You should see Chevy Chase Hills today' Drive out Comn. Ave. past East-West Highway to proverty ome biock morth of Chevy Chate Lake. Thous 738 15th St. N.W. JFisHER ¢ INCORPORATED (OMPANY DIst. 6830 OVERBROOK 31915 net* * The net outlay per month (average) on our minimum Carefree Cottage including interest, taxes, hazard insurance, F. H. A. insurance and bank service charge is $19.15. The bal- ance of the $35.00 monthly payment amortizes a single mortgage in 234 months. How Much Rent Are You Paying Now? Visit This Great Subdivision Today Minimum S B'GE Home (And Wrapped in Insulation) “Carefree Comfort With Modern Gas Appliances” Terms Per Month As Low As porches, oil heat, an up-to-the- minute kitchen, a three-car brick garage and many other features. ‘The price of this home is amaz- ingly low—enabling you to save several thousand dollars. Don't miss seeing it. Come out today. OPEN SATURDAY AND SUNDAY, 1 to 9 PM. rive out 1ith Street to Delafleld lace, turn ‘west one bjock to home. @tfigefa' Sons | 1730 K St. N.W. NA. 2040 constructed entirely of brick (no substitutes) and naturally has all the latest features—slate roof, furred walls, copper flashings, downspouts and gutters and is fully weather-stripped, insulated and caulked. Bryant gas air conditioning with filtered and cir- culated air the year round—humidified air for Winter heat. A Z-Ecsr, brick garage with overhead doors. MODERATELY PRICED: Carefree Comfort With Modern Gas Appliances Open Daily and Sunday TO REACH: Drive out Wisconsin Avenue eight-tenths wmile past FRendenin el ghts trolley atation. Turn left on DeRutiey Parkway af our sion. DeRussey Parkioay it ovvosite Cheoy Chase Golf course. ooley Bros. ma""l’“ HOMES® - interi oniy by inspection. Open all day teday and evenings $ill 9:30 p.m. 1612 CONCORD AVE. A GROUP OF ¢ NIW HOMES Overlooki Roek Creek Park. Beautifully furnished for Detached —8 rooms s—De Luze throuchow. Ve attle—Reereation reom—I = Built-in garage. To Reach: space for recreation room in basement. 5 large closets up- B e. Electric $35.00 A sample home, furnished by Horace Dulin, Inc., is open from 9 am. to § p.m. for your inspection. Drive out to 7777 Wisconsin Avenue. This is about one-half mile beyond the Bank of Bethesda on the Rockville Pike. THE NEWBOLD DEVELOPMENT CO. 7611 Wisconsin Ave., Bethesda, Md. Phone Wlisconsin 5286 payment of $1,000 and monthly pay- ments of $80 will make this lovely home your own. y Drive out 16th 8t. just past Nicheleon o Ovmsord Ave. METZLER, Realtor 1106 VERMONT AVE. Dist. 8600 Open Saturday & Sunday)| Wm. H. Saunders Co. INC. 1519 K St. N.W. NAhonuI Tower Building District 1015 HONESTLY