Evening Star Newspaper, October 16, 1937, Page 29

REAL ESTATE. F. H. A INSURANCE AT 130 MILLIONS Home Financing Business Is Protected Under Mutual * Mortgage System. More than $130,000,000 of home fi- nancing business has been insured un- der the Federal Housing Administra- tion mutual mortgage system by the savings, building and loan associa- tions, it was announced here today by Federal Housing Administrator Stew- art McDonald. Premium-pdying mortgages and firm eommitments held by these associa- tions as of August 31 totaled 33,640, amounting to $131,158,375. This rep- resents a gain of 80 per cent in the volume of insured mortgage business transacted by the savings, building and loan. associations during the last year, The total of mortgages ac- eepted for insurance as of August 31, 1936, was 18,109, amounting to $71,~ 052,396. Broken down to Federal savings and loan associations and State-chartered building and. loan associations as of August, 1937, the former accounted for 18,863 mortgages, amounting to $72,- 912,100, while the latter accounted for 14,777, amounting to $58,246,275. Twenty-One Reach Million Each. Twenty-one building and loan asso- elations have supplied more than a million dollars each to home buyers in the program, as of June 30, 1937. They are: West Side Federal, New York, N. Y., $2,376,722; West End Building and Loan, Newark, N. J., $2,070,670; Citi- gens’ Federal, Dayton, Ohio, $1,928,« 060; Second Federal, Cleveland, Ohio, $1,921,760; First Federal, Rochester, N. Y, $1,809,105; San Antonio Build- ing and Loan, San Antonio, Tex., $1.- 787,836; Eagle Savings and Loan, Cin- cinnati, Ohio, $1,593,240; Serial Fed- eral, New York, N. Y., $1588305; Coast Federal, Los Angeles, Calif., $1,- 466,780; Citizens' Federal, Cleveland, ©Ohio, $1,348,440; Home Federal, Chi- €ago, Ill, $1265050; First Federal, New York, N. Y, $1,256,990; First Federal, Jacksonville, Fla., $1,227,660; Quaker City Federal, Philadelphia, Pa., $1,222,600; Pennsylvania Avenue Federal, Baltimore, Md., $1,218,850; Ninth Federal, New York, N. Y., $1,- 142450; First Federal, Nashviile, Tenn., $1,098,705; First Federal, Glen- dale, Calif., $1,074,980; Railroad Men's Federal, Indianapolis, Ind., $1,052,660; Bell Savings, Building and Loan, C] cago, I, $1,020,400; West Baltimore Building Association, Baltimore, Md., $1,013,000. 440 More Approved. Tt is a significant fact that during the past year the Federal Housing Administration showed a gain of 440 #avings and loan associations in the number of approved mortgages. This brought the total number of savings and loan associations authorized to make insured mortgages to 2,576, as compared with 2,136 at the end of August, 1936, The number of associations report- ing mortgages eligible for insurance at the end of June, 1937, totaled 1,244, &s compared with 860 associations at the end of June, 1936, an increase of 44 per cent during the year in the number of building and loan associa- tions insuring mortgages under the mutual mortgage insurance system. Through August, 1937, the savings, building and loan associations account- ed for 15.8 per cent of the total amount ©f mortgages accepted by the Housing Administration for insurance and 16.6 per cent of the total number of mort- &ages accepted, Federal Housing Ad- ministration officials said. Readily Identified in Plan. “Because of their many years experi- ence with long-term loans,” Admin- istrator Stewart McDonald said, “the savings and loan associations have Teadily identified themselves with the F. H. A. program. As a matter of record the savings, building and loans invented the long-term amortized mortgage, and as one of our good building and loan friends in New Wersey has said, the Federal Housing Administration insured mortgage plan is the new streamlined 1937 model of it. The many protective devices for both borrower and lender in the F. H. A. system, coupled with the nat- ural familiarity and experience of home mortgage lending demonstrated by the savings and loan associations, provides an ideal partnership in the field of home financing. “The success which the savings and loan associations have achieved under the F. H. A. system is apparent. Their figures show that the average insured mortgage loan is approximately $3,900, &s compared with approximataly $4,100 for all classes of lending institutions in the F. H. A. program. Almost exactly one-half of the insured mort- gage business of these building and loan associations covers newly con- structed homes—homes built within one year prior to date of insurance or inspected by the Federal Housing Ad- ministration during course of con- struction.” . Transfer of Plants. Home gardeners are now busy fransferring delicate plants from outdoors to indoor flower pots. Or- dinary flower pots may be colorfully transformed with enamel if they are first given two coats of paint of the same tint. The pots should be washed and dried thoroughly before the first coat is applied. Both pot and saucer may be finished inside and out, except on the bottom of the pot, which should be left porous on both sides. 6 Rooms, Corner Lot $7,250 Nearing Completion SILVER SPRING Gist and Takoma Ave. 10 POINTS Large modern kitch 3 bedr on 2na_ floor Full tile bath and shower Full basement Directions Out Georgia Ave. to (firat street past B. & fuct,) right on_Sligo Ave. two blocks to Chesapeake Ave. Bear right on "Chesapeake Ave. to Takoma Ave. right to house. ligo Ave. 0. via- Springlawn, Inc. Hugh Warren, Pres. 108 16th NAt. 9452 THE EVENING STAR, WASHINGTON, Mr. and Mrs. Alfred G. Zimermann have purchased this home at 2908 Forty-fifth W. C. and A. N. Miller, through the office of James E. Schwab. Dwelling on Forty-Fifth Street Sold street from —Star Staff Photo. BY J. W. WELLINGTON., ANY of the numerous new home owners will be planning gardens for next Summer. Considerable advantage will result from deep spading or plowing of the garden area this Autumn, any time before the soil freezes. Such treatment permits ready freezing and thawing throughout the Winter and this tends to break up the soil into workable condition earlier in the Spring than would otherwise be practi- cable. In addition, late Fall working of the soil will expose many insects which hibernate in the soil and have now encased themselves for the long Winter rest. If one is planning to use stable manure, it would be a favorable time just before spading or plowing to apply a heavy coating. The only objection to late Fall plow- ing will rest in the contour. If decidedly sloping and evidently subject to washing, it would be better to delay working the soil until Spring. In established gardens, this tendency to erode may be offset by planting with Winter rye or wheat, thus building up & temporary sod. In Autumn spading, leave the overturned sod in rough condition. In other words, do not break the clods or work down with a rake or harrow as when preparing a seed bed. Before spading, the new home owner should carefully plan the entire garden arrangement, walks, borders and all. It would be a mistake to break up & good sod that might become part of the lawn because good sods are not easily re-established. Rose Varieties. In February, 1937, the Potomac Rose Soclety distributed a mimeographed list of rose varieties which the mem- bers by agreement believed well adapted to this region. Perhaps at this season, when local gardeners are buying more rose plants, it may not be amiss to quote from this pamphlet the list of medium-priced hybrid teas: White: Kaiserin Auguste Viktori: Mme. Jules Bouche, Mrs. Herbert Stev- cliff, Mme. Butterfly, Bell, Rapture, William R. Smith; medium pink: Imperial Potentate, Lady Ashtown, Mrs. Henry Bowles, Miss Rowena Thom; deep pink: Catherine Kordes, McGredy Scarlet, Red Radiance; multi-colored pinks: Charles P. Kilham, Betty Uprichard, Edith Nellie Perkins, Louis Brinas, Margaret McGredy; red: Charles K. Douglas, Crusader, Grenoble, Joyous Cavalier, National Flower Guild; deep red: Etoile de Hollande, Souvenir D'Alexandre Bernaix, W. E. Chaplin; cream to straw: Luna, Sir Henry Sea- grave; lemon to chrome: Duchess of Wellington, Golden Dawn, Joanna Hill, Roslyn, Souvenir de Pierre -Notting; yellow to apricot: Mrs. Pierre du Pont, Mrs. E. P. Thom, Soeur Therese; olored yellow: Henrich Wend- land, Mrs. Sam McGredy, President Hoover and Talisman. In addition, there is offered a list of higher priced and newer varieties for the rose grower who wishes to extend his plantings, but the list as presented contains sufficient lovely varieties to satisfy most any one except the rose hobbyist. Woody Cuttings. OME plants, such as the grape, currant, snowball, climbing rose, Van Houtte spirea and mock orange, are propagated generally by the use of hard wood cuttings taken in late Autumn or early Winter after the Mrs. Charles ens, Nutius Pacelli; light pink: Briar- | leaves have fallen. The cuttings should be of the current season's wood and of a length of 6 to 8 inches. The usual plan is to take cuttings with the top cut off just above a bud and the base through a bud. The cuttings may be wrapped in bundles, properly labeled and buried upside down in a well-drained part of the garden. Pre- sumably the tipping of the cuttings is to encourage callusing of the root end and, if anything, to delay the pushing out in early Spring of leaf buds. position the cutting is placed in, roots will always issue from the end |that was nearest the mother plant |and leaves from the oposite end. | This phenomenon, known as polarity by botanists, is well recognized by nurserymen. In early April, the bundles of cuttings are dug up, cut open and the cuttings lined out in rows with the top ends upward and one bud above the soil. Varieties within a species, such as the grape, differ in their capacity to form roots from cuttings but most varieties will reproduce readily. Common privet is readily propagated in the above manner, only in this case one should take cuttings a foot or more in length. This means that a hedge which has not been cut regularly is a better source of cuttings than a carefully trimmed one. Roses and | grapes that have lost their leaves prematurely from disease will not furnish as good cuttings as would sugars, Markers. ITH the approach of Winter and the consequent dying of the foli- age in herbaceous plants, the question of adequate markers becomes again a problem. On the whole, wooden markers are too transitory even when painted to be considered for permanent labeling of plants. For tying on woody plants, wooden tags painted with | shellac after marking with pencil are fairly successful. Better yet are the thin aluminum strips with names stamped thereon, but these require accessibility to a stamping machine. 3801 S. 7th Arlington, Va. STONE AT THE PRICE OF BRICK Many have wished for a stone home but felt the price prohibitiv Here is your chance. see it. L 165 ft." deep; built-in garage: schools,” stores.” two bus lines, 10¢ fare. "All modern .mprovements: oil burner. SBummer-Winter hook- up. Corner lot and many things to make it attractive. Open Daily Until Sold Clarence Croft Owner and Bullder Walnut 9249 DETACHED CORNER HOME—ALL BRICK Facing Monastery and Holy Name College Grounds ' $10,650 4012 14th Street N.E. Drive out Michigan Ave. to Randolph St., right on * Randolph St. to 14th and left % block to homes. CHARLES M. WALLINGSFORD Builder and Owner 1010 Vermont Ave. N.W. National 2990 Strangely enough, no matter what | vigorous plants which have had a full | opportunity to manufacture and store | Zinc and galvanized iron markers are used generally where the marker must be thrust into the soil. The T- shaped marker, with name plate hori- zontal, is usually preferred because it can be read without too much diffi- culty. At the best, the markers need annual observation to see if the names are legible. As a safe measure, the variety fancier will usually map his beds so that if the labels are lost or moved the plants may still be idengi- fied. Even the expert grower can scarcely keep in mind all of his | varieties, especially in such groups as| roses and tulips where there are| several hundred of each in the market. Peat for Lawns. EVIDENTLY some caution is needed | in applying large quantities of | peat moss to the new lawn prior to| sowing the seed. At the University of Minnesota, one, two and four inches | of peat were worked in a loamy soil | prior to sowing with a mixture of 60 per cent blue grass, 20 per cent redtop, 10 per cent perennial rye grass and | 10 per cent White Dutch clover at the | | rate of one pound per 250 square feet. There was a depression in germination on all peat plots, a result thought due to the absorption of soil moisture by the peat. Where four inches of peat were used, the surface was very soft and spongy, leading to the recommen- dation that two inches depth of peat was sufficient. If peat is applied to dry soil, the surface should be thoroughly | sprinkled to compensate for loss of moisture. Beneficial effects were noted for two to three years in the! D. C, SATURDAY, OCTOBER 16, 19317. owth of grass on the one and two ich peat plots. Garden Notes. Tl-ll Department of Agriculture year- book for 1937, as indicated last week, contains some very valuable and interesting information on the histroy and improvement of our garden flowers. The account of the develop- ment of the dahlia is peculiarly interesting. The dahlia was first seen by white men in Mexico, where it had apparently been under culture for many years by the Aztecs, who grew it in their gardens and are presumed to have improved the flower by selection. Although there are many native flowers in our gardens, the dahlia is one of the very few that were In cultivationprior to European arrival. Strangely enough, late Autumn roses are as good, if not better, than the early Spring scrop. During the Sum- mer, the plants make substantial growth which permits them to bear large blooms on stout shoots. The cooler nights and less intense sun- light favor the development-of true colors and abundant petals. Any one of the many thousands who attended the Potomac Rbee Society Show in the National Museum will attest to the fine quality of the roses grown in local gardens. ‘When working among the evergreen plantings, it would be well to examine the arborvitaes for small hanging nests of ‘the bagworm. These nests are dark brown, the color of dead foliage, but may be discovered readily if one parts the branches. The insects will do no further harm this season but are potentially a source of serious trouble. On will need a pair of shears to cut away the nests which should be burned. As interest develops in house plants, attention is again called to the desir- able characteristics of the so-called African violet. This relative of the gloxinia is a grand house plant, en- joying the warmth and partial shade of the home. If kept watered, the plants will bloom almost continuously The Best Buy IN Chevy Chase New Detached Brick Air-Conditioned 4 Bed Rooms 2 Baths $12,950 Drive out Connecticut Ave. to Leland St., turn right one square to Glendale Road and right to furnished "home, No. 1, Alden Lane. M. B. SWANSON Owner and Builder 4 large bed rooms and 2 dining room, breakfast nook beautiful street. Club grounds. NA. 4600 4619 DE RUSSEY CHEVY CHASE, MD. AN OPPORTUNITY PARKWAY complete baths—$10,950 Perfect New-house Condition. Large reception hall and living room with open fireplace, and modern kitchen. Maid’s room, two-car detached garage. A well-planned home on a large lot. This represents an unusual value and is on a Drive out Wisconsin Ave. opposite Chevy Chase Turn left on De Russey Parkway. Open Sat. P.M. and All Day Sunday PHILLIPS & CANBY, Inc.’ 1012 15th St. N.W. WITH PLAN INNOYATIONS IN FEATURES MANY AND Homes that offer the added Jacobson Bros. tio) All brick, 6 rooms, 2 bath and downspouts, near all conveniences. ny automatic . screened ' and _weatherstripped, attic, rock wool insulation, detached garage. igh. ¢ Many exclusive Jacobson features. 1342 Is Air-Conditioned L e R!EAC'!.II ight to 14th ! 1ig S LR B rtahmnn B 211t o home: This Is an Electric Kitchen Health Home JACOBSON BROS. 1342-1354-1362 Tuckerman St. N.W. $11,950 to $12,100 features n o and exclusive refinements of e of the city's finest locations. heat. slate Toof. copper furred walls 00l OWNERS — BUILDERS 1616 K St. N'W. the entire year around. One fascinat- ing feature is the ease of propagating new plants. A leaf placed in & glass of water will root and may then be transferred to soi!, In moist sand, rooting would be more rapid than in water. Some experiments at Ohio State University in fertilizing young shade trees, reported in the “Proceedings of the Society for Horticultural Sciences for 1936," may be of interest and value to home owners. In genersl, Autumn applications appeared more beneficial than Spring treatments ard a complete fertilizer high in nitrogen or a mixture of sulphate of ammonia and of superphosphate proved most effective. Ample moisture was even more important than ferti- lizer in stimulating growth of trees in a fairly fertile soil. The basis for determining the amount of fertilizer per tree is interesting, being based on the diameter of the tree and, in the case of the sulphate of ammonia and superphosphate treatment, consisting of one-fourth pound of the ammonia and one-half pound of the phosphate for each inch of diameter. The mix- ture was broadcasted over the entire area beneath the spread of the branches. There is little question but that shade trees would respond favorably to fertilizer, especially when growing in the lawn from whence every leaf is removed or in the parking where the soil surface is limited. In the forest, the trees have a layer of decaying leaf mold as a natural source of nutrition. Greenwood Homes “Among the Trees” Six large rooms and efficient gas- equipped Kkitchen, oak floors, lux- urious tile bath, lavatory on first floor, garage. screened porch. slate Toof. rock wool insulation, screen weather-stripping. furred walls and an extra large wooded lot. These homes are extraordinary values. Carefree Comfort with Mod- ern Gas Appliances. 525 Ashford Road Silver Spring, Md TO REACH: Drive out Colesville Pike to Mrs. K's Toll House Tavern turn right on Dale Drive to Ashford Road and Greenwood Homes. Schuyler, Inc ome— uvle Owners Builders Waple & James, Inc. ilver Spring Office: 8433 Georgia Ave SHep. 5200 REAL ESTATE. INFLATION IN RENT IS FORECAST SOON Business Analyst Also Sees Build- ing Mounting in Face of ~ Rising Costs. Rents and the cost of housing are likely to increase more spectacularly than any other major item during the phase of inflation which is ahead, according to W. M. Kiplinger, Wash- ‘ngtor. business analyst. “In the past there have been not too many houses, but too many vacant housing units which people could not afford to own or rent,” writes Kip- linger in the November Cosmopolitan. “Now the margin of vacancies is closing up. So rents are going up. “There comes a time when it is cheaper to build or buy than to rent. In many localities this time has come. C—7 In others it is closs at hand. In most it is & certainty for the future, “So there's a good deal of building, and much more of it 1§ shead in the next few years. Costs of building are going up. Materisls and labor are higher. In a few cities there's already a boom; scarcity of certain materials, scarcity of certain classes of workmen, and inflation of prices is as plain as arithmetic. “That's the eondition which will be faced by many cities in the years immediately ahead. And that's & sample of inflation, even though it's not - caused wholly by inflation of money.” Varying Bands of Colors. One of the most interesting trends in painted walls in the home is the use of varying bands of colors on walls from floors to ceilings. These bands. of color graduate from dark tones near the floor to light tints of the same color in the ceiling. First Showing A distinctive new house on a high elevation overlooking Alexandria 2209 King St., Alexandria, Va. Not only does this fine home overlook the ctiy of Alexandria, but on clear days a superb view of the Potomac River and Washington may be had from its spacious sundeck on the second floor. Constructed with the finest materials and finished like a house of faor greater cost, it has 3 bedrooms and 3 complete baths. Among its outstanding fea- tures are a paneled den which could be used as a downstairs bedroom as there is an adjoining bath and a large outfitted breakfast nook in the kitchen. The house is insulated and weather-stripped, has furred || walls, slate roof, 2-car built-in garage and is heated with oil. Open Daily TO REACH: Drive over Memorial Blvd and Sunday into Alezandria to King St, turn right and continue on King St. past George Washington Masonic Temple to 2209. Raymond M. Talbert Owner-Builde 6638 32nd Place BARNABY WOODS Open Daily and Sumday 10 AM. to 9 P.M. AN ELECTRIC GARDEN HOME Rock gardens, pools and rambling stone walls, etched in the magic of modern lighting—a perfect setting for this New England farm house. There Is little one could desire in the home or garden that is lacking. There are four bed rooms, 2 baths, first floor library and lavatory, recreation room, maid’s room and bath and two- car garage. 738 15th St. N.W. Agent. TO REACH—Drive out fo 15th and H Streets N.E. Read just ever Anscostis Bridse. Or take District Line or Kenllworth Street Car direet te River Terrace. Decorations by Sarah W. Moody, furnished by Potthast Brothers of Baltimore, “Makers of the True Antiques of Tomorrow.” THOS. J. FISHER & COMPANY, INC. out Conn. Utah Ave., Dis. 6830 TO INSPECT PROPERTY Because directional please follow, thete directions carefully. Drive ve. left right turn on Barnaby St. % block to 32nd Pl arrows are prohibited to Nebraska Ave.. to Barnaby St.: 'take first Yputét we daw RIVER Tetrce WM% Howe ™ Spend but a families who Homes within scover problem. “A City few minutes with the enthusiastic will occupy their River Terrace the mext few days and you will the answer to your home hunting Within the City of Washington.” A planned, restricted, residential community of 600 homes with = xet the m t, modern shops, playgrounds, centers . . . every epportunity te it out of life . . . security, comfert, Drotected against encroachment by and public utility owned property on all ether sides . . . only 8 short minutes from the Treasury. The bisgest ton's home develo alue in the history of Washing- nts. Unusual all-brick and masonry eonstruction with sll-slate roof and steel casement windows. English type homes framed in a picturesque setting _of landscaped. lawns. Five and Hardwood floors throughout. ly planned distinctive electric fix- tures. Bathrooms fully tiled brilliant Chromium fixtures usually available only in $10,000 homes. Mir- rored medicine cabinet. Centinue Built-in shower. tub and Modern Domestic Science Electric Kitchen with heavy steel cabi- nets and electric ranges. Poured concrete base- ment with centralized heating system. Automatic oil burne ing air-conditioner sup- plied in many homes. Only 10% down pay- ment required. Balance is paid like rent in sums far less than you would pay for & similar apartment. beautifully terraced six rooms. Attractive- rooms with colors. 34TH STREET and BENNING ROAD N.E. NATIONAL INSURED HOMES CORPORATION, Owners & Builders