Evening Star Newspaper, April 13, 1940, Page 24

B—6 February Loans Equal March of Last Year For Home Building Associations Report More Than $71,50C,000 Put to Work A larger increase in February loans over January than any pre- vious year of the past five has shown is reported for the savings, building and loan associations. A total of $71,522,000 for February is the estimate of the United States Savings and Loan League, which is 7 per cent more than January loan volume. The gain over February, 1939, is 23 per cent and this year’s February loans are almost equal to those of March last year, A. D. Theobald, Chicago, assistant vice president of the league, said. Taking both months of 1940 for which reports are available, the league finds that new mortgage loan volume is $24,590,000 ahead of 1939, and that the increases are noted in each of the classifications of loans according to purpose— construction, home purchase, re- financing and modernization. Unaffected by Slump. “This more than seasonal gain in savings, building and loan ac- tivity leads to the belief that the slump in last fall's business recovery has not had any appreciable effect on the mounting public interest in the purchase and building of homes,” said Mr. JTheobald. “If this im- munity to the slump continues far into the spring, the home building industry may well prove an effective check on any further decline in business activity in general and save the life, of the incipient business He pointed out that construction loans by savings, building and loan associations in January and Feb- ruary of this year were 23 per cent greater in volume than for the same two months last year. This type of financing is directly contributory to employment and can therefore be figured among the signs pointing to increased jobs in the offing. Benefits Continue. Any increase in business activity engendered by savings and loan ac- tivity lags anywhere from one to two months behind the actual grant- ing of the loan, he said, so that the communities where associations have been unusually active the early months of this year may look for- ward to seeing general business im- prove materially this month as a result. Analysis of the February loans and the purpose for which they were made follows: timated loans made association: all Purpose. in the United States. New construction 0 | and cinder block flats (2 units each), $71,522.000 Permits (Continued From First Page.) Thirty-eighth street SE.; to cost| $65.274. Fairfax Village, Inc, Chandler Building, owners;. A. Lloyd Goode Construction Co., 1427 I street N.W., builders; Willlam N. Denton, 1427 I street N.W., architect; to erect one 2 and 3-story masonry and frame apartment (28 units) 2037 ‘Thirty-eighth street 8.E.; to cost $60,120. Fairfax Village, Inc, Chandler Building, owners; A. Lloyd Goode Construction Co., 1427 I street N.W., | REAL ESTATE. THE EVENING ‘STAR, ‘WASHINGTON, D. C, SATURDAY, APRIL 13, 1940. STAR HOME GARDENS—Here are two views of the grounds of the Silver Star Home at 4745 Massa- chusetts avenue N.W. Possibilities of gardening and planting flowers about the home are explained in the accompanying story by W. H. Youngman, The Star’s garden expert. The home is now being shown to the public under sponsorship of The Star. 2-story brick and cinder block dwell- ing, 1751 Crestwood drive N.W.; to cost $11,000. George B. Lacy, 2417 Huidekoper place N.W., owner and build T. Santmyers, 1410 H street N. architect; to erect two 2-story brick 458-460 Oakwood street S. $10,000. W. W. Jordan, 1800 Tenth street N.W. owner and builder; H. W. Turner, 1129 Sixth street N.W., de- signer; to erect one 214-story brick dwelling (flat) (8 units), 5506 Foote street N.E.; to cost $10,000. John R. De Sibour, owner; R. W. Bolling Co, 2128 Florida avenue N.W, builder; Ward Brown, 123 Prince stréet, Alexandria, Va., archi~ tect; to erect one 21;-story masonry and brick dwelling, 4821 Dexter street N.W.; to cost $10,000. Marchegian and Mazzella, 9 Ran- dolph place N.W., owners and build- ers; G. T. Santmyers, 1410 H street 5 architect; to erect one 3-story brick and cinder block apartment (6), 1212 N street N.W.; to cost $8,000. Standard Art Marble & Tile Ci 117 D street N.W., owner and builde to cost architect; to erect one 3-story masonry and frame apartment <36i units), 2011 Thirty-seventh street BE.; to cost $89.247. Mike Asha, 216 Southern Build- ing, owner and builder; H. W.| Gaines, 1719 Thirty-fifth street | N.W., designer; to erect ten 2-story brick and cinder block dwellings, 244 to 262 Division avenue NE; to cost $50,000. Fairfax Village, Inc., Chandler | Building, owners; A. Lloyd Goode Construction Co., 1427 I street N.W., builders; Willlam N. Denton, jr., 1427 I street N.W., architect; to erect one 2 and 8 story masonry and frame apartment (24 units), 2024 Thirty-seventh street SE.; to eost $57,088. Fairfax Village, Inc, Chandler Building, owners; A. Lloyd Goode Construction Co., 1427 I street N.W., builders; Willlam N. Denton, jr., 1427 I street N.W. architect; to erect one 2 and 3 story masonry and | frame apartment (39 units), 371 Alabama avenue SE.; to cost $78, 209. Fairfax Village, Inc., Chandler Building, owners; A. Lloyd Goode Construction Co., 1427 I street N.W., | architect; to erect one 2 and 3 story masonry and frame apartment (18 units), 2010 Thirty-seventh street N.W.; to cost $39,740. . Fairfax Village Inc, Chandler Building, owners; A. Lloyd Goode Construction Co., 1427 I street N.W., builders; William N. Denton, jr., 1427 I street N.W. architect; to erect one 2 and 3 story masonry and frame apartment (14 units), 3681 Alabama avenue SE.; to cost $32,089. Aldon Construction Co., 3804 Woodley road N.W. owners and builders; G. T. Santmyers, 1410 H street N.W., architect; to erect four 2-story brick and cinder block dwell- ings, 1234 Van Buren street N.W. and 6513, 6517 and 6521 Thirteenth street N.W.; to cost $20,000. Dr. and Mrs. Richard H. Spire, 200 Rhode Island avenue N.E., own- ers; Frank S. Phillips, 927 Ffteenth street N.W,, builder; Frank G. Beat- ty, 901 Woodside parkway, Silver Spring, Md., designer; to erect one of 6 ROOMS—2 BATHS A. Somerville, jr., 117 D street N.W., designer; to erect one 2-story brick | showroom and office, 117 D street | N.W.; to cost $6,000. Aldon Construction Co., 3804 Woodley road N.W. owner and | builder; G. T. Santmyers, 1410 H| street N.W.,, architect; to erect one 2-story brick and cinder block dwell- | ing, 6516 Thirteenth street N.-W.; to | cost $5,000. | Albert N. Distel, 711 D street N.E,, | owner and builder; W. B. Honey, 1234 Morse street N.E., architect; to erect one 2-story brick veneer dwell- ing, 3536 Texas avenue SE.; to cost $5,000. Kaplowitz Bros, 523 Thirteenth street N.W., owners; Dana B. Jo- hannes, 927 Fifteenth street N.W., designer; to erect one 3-story brick | and cinder block .addition, 521 Thir- teenth street N.W.; to cost $4,000. Morris Properties, Inc., 5111 Geor- gia avenue N.W., owners; L. T. Tur- ner, 1366 Perry place N.W., builder; Arnold Southwell, 5111 Georgia ave- nue N.W., designer; to erect one 2- story brick, cinder block and cement | restaurant, 1400 Rhode Island ave- nue N.E; to cost $2,000. Harry E. and Louis Gorin, 607 Tower Building, owners and build- ers; to erect six brick and cinder block garages, 1362-1382 Tewksbury place N.W.; to cost $2,000. J. Earl Bassett, 6205 Twenty- ninth street N.W.,, owner; Dana B. Johannes, sr., architect; Colonial Builders, Inc.,, 927 Fifteenth street N.W,, builders; cost $700. Michael Walsh, street N.W. owner and builder; Richard M. Briscoe, designer; in- close porch, 49 and 51 C street SE.; to cost $350. Salvatore Condatore, street N.E., owner; Improvement Co., 1407 L street N.W., builders; to make repairs, 3039 Bla- densburg road N.E.; to cost $400. Shell Oil Co. owners; to make 727 Fifth repairs, northeast corner Fifteenth ||| and Church streets N.W.; to cosf MR ve Home to make repairs, || 6205 Twenty-ninth street N.W.; to [ 815 Eleventh Silver Star (Continued From First Page.) O | nuals such as zinnias, petunias, mari- » | golds, nasturtiums, etc., for the re- mainder of the summer. The builder plans to fill the beds this year with blue petunias, which will bloom till fall. In another year a combination of bulbs, iris, and annuals might be most effective. A row of iris at the back of each terrace with daffo- dils in the middle and petunias at the front edge where they could sprawl over the wall would make a very effective display, providing a long season of bloom from plants that should thrive under the existing conditions. Daflodils a Possibility. Another possibility would be daffo- dils inter-planted with such hardy annuals as the nasturtiums, dwarf zinnias, dwarf marigolds, and Cali- fornia popples. This combination could be further modified by includ- ing other early flowering spring bulbs, such as snowdrops, crocus, squills, etc. A third possibility would be daffo- | dils for early spring bloom and the | summer flowering ground cover— Leadwort (Ceratostigma), formerly known as Plumbago larpentae, which flowers more or less continuously —Star Staff Photos. from July until frost. It is one of the few really good ground covers for a sunny situation. This combination requires very little care. Plantings such as those suggested above provide a long season of bloom with various amounts of effort. The addition of shrubs, such as box and | cotoneasters, or some of the herbs | would give further interest. These are only a few of the many possi- bilities and others no doubt will occur to those who delight to study garden problems. Checking Door Noises A spring or check on screen doors will close.them automatically with- out noise. The sound of the clos- ing can be deadened by tacking small pleces of felt or rubber to the main door frame at three points of contact. Various kinds of hinges and springs are kept in stock by hardware dealers. ELECTRICAL FIXTURES A,l, Lowest Prices! BEACOR——1E¢) R UpZEp) National 0435 _CgY 4519 (iaiison St. N.W. Seldom do we have to offer such & home—4 large bedrooms and dressing room: $oSedroom and beth on first foor. ' XCEPTIONAL OFFERING.. Beautiful lot magnificently landscaped. m AN To inspect: Drive out Wisc. Ave. to River Road, out River Road to Garrison St. Turn right % block to our sign. REALTY ASSOCIATES, INC. 1506 K St. N.W. NA. 1438 Home Owners’ | |f| 6 Rooms—2 Baths—Recreation Room—Brick Garage Home Foreclosures Drop for February During February there were 10 per cent fewer urban home fore- closures than in January, when they dropped to the lowest average monthly level in the last 14 years, Federal Home Loan Bank Board economists estimated today. With the foreclosure index of the board’s division of research and statistics based on figures for 1934, the de- crease in February fram January previously has averaged only 8 per cent during the last six years. Numbering 5,825, February fore- closures by all types of mortgage lenders were 30 per cent below Feb- ruary of last year in the entire non- farm area of the Nation, the board's division said. There were 2% per cent fewer fore- closures in the first two months of this year than in the same period of 1939. Recessions of 8 per cent from Jan- uary and 28 per cent from the com- parable month last year were re- ported for foreclosure activity in metropolitan communities—counties containing one or more cities of 100,000 and greater population. The greatest declines from Janu- ary were registered in the Winston- Salem Federal Home Loan Banl district of Southeastern States in- cluding the District—24 per cent— and the Portland district of Pacific Northwestern States—21 par cent. The largest decreases—51 per cent and 40 per cent, respectively—from February last year were experienced In the Chicago district of Illinois and foreclosures are on commercial prop- erties and the rest on homes, the division estimates. Its survey is based on monthly reports from sher- iffs, county and court clerks, re- corders and other local government officials in 1600 communities throughout the country. Lighting the Hall A small bow! of diffusing glass is a good type of light for the hall. It may be recessed in che ceiling and, in the smell sized hall, wili create an impression of spaciousness. This kind of light is better than a fixture having either opaque or clear glass panels. Lights for the hall above the stairs should {lluminate all of the steps. % Soldering Metal Roof A drop of solder on the surface will sometimes mend small leaks in a metal roof. The surface should first be cleaned of rust so that the solder will hold. The repair of a slate or tile roof is a job for a skilled roofer. / Germans consumed nearly 400,- 000 pounds of caffein in soft drinks and medicines in the last year. LOOK—ONLY $9,850 NOTE THE LOCATION 120 Worthington Drive (MASS. AVE. EXTENDED AT WESTERN AVE.) OPEN TODAY AND ALL DAY SUN. New detached brick. Uitra modern. Six_rooms and bath. Lavatory on first oor. Recre Wide and deep ‘Wisconsin and the Little Rock dis- trict of five Southwestern States. Approximately 15 per cent of the appreciated. 5 WALTER A. BROWN | 1415 Eye Street. NA. 1652, THE ULTIMATE In Low Cost Value! DECATUR H Within 2 Blocks p——— of Grode EIGHTS, MD. and High Schools Architecturally Different 5 and 6 Room tve out 1o Peace Crots 1 Bladensburg, continue on De= fence Highway 2 blocks beyond Others Fro THIS HOUSE *3930 portionately igher Brick Homes 10% Cssh. one Note at 5% for balance with 20 years to pay. No commissiens or remew- als. Good design—complete_equipment, including garage. pozch and sutomatic hest—large’ landscaped ies of excep! schools. ROBERT N. lots— tional quality on liberal purchase plans. TAYLOR & ROBERT G. VAN VRANKEN 1512 K Street in the kitchen is THE important you have your old kitchen for you. to utilize all of your kitchen space. N.W, Agents Distriet 3830 ] item to the housewife and SPACE a modem kitchen such es we can make by remodeling Have our expert designers show you how Survey—Drawing—Estimates. No Obligation Easy Terms Can Be Arranged OXFORD “DE LUXE” KITCHEN CABINETS FELIPPE A. BROADBENT, Exclutive Dealer Display Rooms Open 8 A.M. to 9 P.M., Sat. 8 to § The Toronto, S.W. Cor. of 20th & P Sts. NW. Dupont 2263-6238 Unusual New Home Exhibit Home—311 Lynn Drive Section of Chevy Chase, Md. Three blocks West of Conn. Av Chase Country Club and Colum Value in the Leland between Chevy Country Club REAL ESTATE. HEIGHTS WESLEY 7 4661 Garfield St. N.W. Built by Frank S. Phillips just three years ago, this is truly a gracious and beautifully appointed home. A center-hall plan, it has huge living room overlooking garden, 6. bedrooms, 4 complete baths, 1st-floor library with lavatory, unusual recreation room with fire- place, maid’s quarters, air conditioned, 2-car garage. Beautifully plonned garden. Open Sunday 10:30 to dark Out Cathedral Ave. to Fozhall Road, left to Garfleld Street, right to home. FRANK S. PHILLIPS 927 15th St. N.W. (Exclusive Agent) DI 141 35 WOODED ACRES at Western Avenue fronting WESTERN AVENUE over one-half mile along Rock Creek Park Featuring real architec- tural character and en- during construction in dwellings situated on ‘=== spacious home-sites. Buy or build where the existence of these vital factors assures the future valuation of your home investment in Matching the Sylvan Beauty of the Park " LET US FINANCE AND BUILD A DWELLING | TO MEET YOUR INDIVIDUAL REQUIRE- §- MENTS ON A SITE OF YOUR OWN SELECTION SAVE $1000 OR MORE REPRESENTED IN SPECULATIVE PROFIT AND COMMISSION, PAID ON READY BUILT DWELLINGS SPACIOUS WOODED HOMESITES From $2,250 up Drive northerly on Beach Drive through Rock Creek Park to Waestern Ave. or East on Western Ave. at Chevy Chase Circle Edson W. Briggs, Inc. Developers OFFICE ON PROPERTY PHONES: SHep. 3430—EM. 7801 Rhode Island & Montana Aves. at 14th St. N.E. SUPERB LOCATION . .. FINEST ARCHITECTURE . . . . QUALITY CONSTRUCTION . . LOW PRICE What more could you ask? We dos not fear eom- parison. And we know thet i you're in & buying mood, you're not going to teke the first house you look at. All we ask is that you visit Brentwood Park + + « and then make wp your mind. The ottraetive, detached Colonial homes, on wide, desp fots in this purk-like eommunity represent @ mew high stendard in housing et spectacularly low prices. Three bed- rooms, oil heet, built-in garages, fireplaces. And they’re priced from only 6120 29th St. N.W. Individually designed; constructed of brick, over 100 years old, taken from the old Riggs Mansion; built 3 years. Immaculate condition, has living room with open fireplace of ltalian marble, breakfast alcove, dining room and modern kitchen on first floor; 3 large bedrooms, 2 baths on second; attic, slate roof, recreation room with 2-piece lavatory; detached brick garage with slate roof. A marvelous value compared to the new homes. OPEN SUNDAY, 2 TO 6 P.M. Dtive out Conn. Ave. 80 Chevy Chase Circle, right on Western Ave. to Rittenhouse, right to 29th St. left to house. L. T. GRAVATTE REALTOR This new group of homes, in one of the Capital's finest residential sections, offers the maximum for your investment. Center and side hall plans—6 spacious rooms and 2 tiled baths—third floors ——attached garage—screened porches—some with sun decks— 60-foot wooded lots. One block from bus service—within 4 blocks of stores and schools. Priced from $10,950 to $11.950 OPEN DAILY AND SUNDAY To Inspect—Out Conn. Ave. to Kast-West Highway, left 8 blocks to Maple Ave., left on Maple Ave. 8 blocks to Lynn Drive and Property J. WESLEY BUCHANAN 1732 K St. N.W. Realtor ME. 1143 *10,950 HOME that is out of the ordinary in design and arrangement. Built to sell for $13,500. Unusual circum- stances make this bargain pos- sible. Beautiful center-entrafice, close to grade and high schools. Bpaciously planned with large porch off the living room; oil heat; insulated attic, recrea- ¥7.990 * Matthew K. Stevens 2435 14th Se. N.E. Developer-Builder MASON W. LONG ’fl’ll’ Manager HObart 0958 __DEcatur 2200 OPEN TODAY AND SUNDAY UNTIL ® P.M. Straight out Conm. Ave. to East- West Highway and turn left three squares. Realtors 1505 H $t. N.W. NA. 2343 729 15th St. NAt, 0753