Newspaper Page Text
BUILDING ACTIVITIES THROUGHOUT COUNTRY GAIN IN MOMENTUM
f CONDITIONS HELP
Big: Demand for Funds
Indicates Future Build
Prices of Materials Have
Reached Stability, Says
S. W. Straus.
^at new building: operations
throughout the country may reach
reaQrd-breaking proportions for the
year is indicated by the tre.mendous
anittunt of capital now being ab
.? soijbed by the building industries
ana the unusual demand for addi
tional funds to be used for thc?t
purposes. S. W. Straus ft Co.. who
arl' possibly the nation's large-it
leaders of money for new build
ings. announce that since the first
of 'January they have underwritten
flr^t mortgage building loans of
$43,580,000, and that from inquiries
fon, additional building loans now
being received there is every indi
cadbn that the nation is on the 1
thstshold of an era of unprece- I
dented building activity. With re- [
Sard to the building situation S.
W.'Btraus & Co. say:
'e believe building activities
wi^( proceed on an ascending scale
as <ihe season progresses. There is
a good demand for funds with
wMHi to carry on new building op
erations and the general funda- ,
mental conditions in the situation!
are. now so nearly normal that
sinpe January 1 we have under
written loans amounting to $43.
MlbOO. of which $26,510,000 was
f?S, apartment houses. $12,350,000
fon: office and loft buildings and!
I5.lt0.000 for miscellaneous struc- |
demand continues at 1
same rate, and fundamental j
?Pldittons seem to so indicate, we !
Vnall be in a position to loan ap- j
w proximately $100,000,000 more to
finance new building construction)
during the balance of the present
the present encouraging I
conditions are nation-wide in char
ac^r is indicated by the widely
scattered range of these financial
underwritings, which include loans
In 'fourteen cities and thirteen
Stsles. as follow#: New York. Chi- |
caap. Philadelphia. Boston. Atlanta.
Dety-oit. Fort Worth. Cleveland. I
Birmingham. Dallas. San Francisco. I
Kansas City. Seattle and Portland.
^ "it is to be noted that labor con
ditions in the building industries!
? ara better than have been observed I
j- for some time and that prices of I
y materials have reached a condition I
; stability. The tendency in l
^building material costs, in fact, is
toward higher levels, which may !
be expected to continue as build- i
lng operations expand. There is i
also a growing appreciation of the
fact that permanent improvement
can best be brought about through
the natural and normal channels 1
that have built up our great i
"The immense amount of new '
building operations now getting un
der way throughout the country
.will have a helpful effect on gen
eral business and the unemploy
ment situation, so that the large
instruction gains now being ac
complished will, we are sure, prove
the forerunner of more prosperous
Japs Study Mexican Armv.
'?^MEXICO CITr. April 29.?Four
members of the imperial Japanese
?nmr_C?l. j. Aramaki. Maj. Tami
fugrl, Lieut. Col. Tamadi and Rikizo
Slgmwara (Interpreted are in this
city making a detailed study of the
Mexican army and its military or
ganization. with special reference
to the allied military colonies.
Unique Walker Hon^e
Showing the sample house of the attractive row of homes in Chevy Chase built by Allan F
Walker, one of the city's most progressive erectors. The house, located at Thirty-ninth and locelvli
streets, Chevy Chase, will be open to the public today. I
SHOULD FIND COST
Average Man Does Not Take
Time to Probe
Any tenant who Is dissatisfied
with the amount of rent he is pay
ing should investigate the price of
lots and cost of building (even
though ho has not the price).
There wou|d be more satisfied ten
ants if this were done. This ap
plies to the average business'
house also. If a man cannot afford
to build for his home or business
he is willing to pay someone a fair
rate of interest to do it for him,
but the average tenant will not
take the trouble to really investi
gate. Some tenants are not pay
ing 5 per cent net for fine build
ings, but still are laboring under
the delusion that they are working
for the landlord. This does not
apply to fancy prices, but reason
able market values.
Kent* and Living Kxprnne.
Would a farmer sejl produce in
a good market for less than going
prices' if he got free land rent?
Of course not. He would pocket
that much additional profit. Would
a merchant sell his goods under the
market if he got fre.e rent? No,
he would pocket that much addi
tional profit and let the owner pay
the taxes and repairs. Rent is one
of the large items of expense in
the family budget and tfce business
budget, but how many stop to
figure the amount of money in
vested in the building they occupy?
You might call rent a commodity,
as w? must all have places in
which to live or to carry on our
business. Wo must build it or get
someone else to build it for us. If
we build it the money invested
must earn something, so we charge
up the interest and taxes tf our
selves. If we rent it, we pay to
the other fe,llow. We have to have
clothes, we pay someone a profit
to make them for us, we pay a
profit to someone for our food. All }
articles are sold at a profit during J
good or bad times, high or low I
When there, are vacant buildings
in a city it is often said It Is bet
Open Sunday?1 to 5 P. M.
Pretty, New Stucco House
5310 14th Street Northwest
Owner built this home under most careful Inspec
tion. using only carefully selected materials and best
construction, hence, there is presenjed a real oppor
tunity to buy a custom-built house at a very low figure.
First Floor?Attractive living porch (concrete), with
separate entrance; reception hall, large living room,
with open fireplace; dining room, kitchen, pantry, rear
Second Floor?Three large bed chambe rs. large
closets, including linen closet, and large and complete
Third Floor?Floored attic.
Hot-water heat, electric lights and every appointment
of the fine modern establishment. Ready to move In.
Take 14th Street cafs to ingraham Street, or drivr out
16th to Colorado Avenue, and turn east to 14th at
*813 15th St. N. W.
IN THE NEW
14th and Monroe Streets
Second aid Third Floors
Containing 27,000 Square Feet of Floor Space.
For Plans and Further Particulars Apply
RANDALL H. HAGNER & CO.
1207 Connecticut Avenue N.W.
Is Important in
'Great care should be exercised iff
the lay-out of the plot of ground for
a small home," says an export
builder, "especially in reference to
the location of the house with respect
to exposures, highways and the type
of house in keeping with the plot.
For instance, a bungalow is not de
sirable on a low plot of land, while
a two-and-a-half story house is de
sirable on a high plot.
"Use judgment in the first place J
in purchasing a sufficient amount of j
land to give the house the proper
setting with respect to the plot it-j
self and the houses around it. a*
these other houses canot be pushed
out of the way if a crowded appear
ance results." he urges.
ter to have them occupied at any
price than to have them vacant.
We get the condition every few
years when there are not enough
people in the community to fill the
vacant space. At such a time all
the vacancies could not be filled at
free rent. Some people say they
like to see vacancies as they get
cheap rent. During those times
wages are cheap and business in
general is poor. The city well
rented Is the prosperous city, more
building, more work In every line.
The average building represents
the same amount of money In
vested as the average business.
The merchant turns his investment
into profit, but sometimes thinks
the owner is not entitled to the
SERVICE IS MOHO
FOR REALTOR MEN
Irvinjt B. Hiett. President of
Association, Sounds Key
note to Brokers.
'^Constructive work, co-operation)
and service" is the working formu
la Irving B. Hiett, of Toledo, pres
ident of the National Association of
Real Estate Hoards, has given the
realtors of the association this year. !
Mr. Hiett's record as a business!
man in Toledo has been a practical j
application of his pronouncement. ;
Fpr more than thirty-flve years ho !
has been actively engaged in the
building, selling, and financing of
homes. His ambition has always
been to assist home buyers to ob
tain homes commensurate with their
means. Sirne engaging In business
on October 1. 1R83. the day he be
came 21, Mr. Hiett. through hi*
business organization, has built ap
proximately 7.500- houses. He has
laid out more than 100 subdivisions.
In his subdivision work he fully de
velops his tracts, doing the build
ing work. providing improved
streets, sewers and pldewalks, with
the result that of the subdivisions
which his company developed, other
than those recently opened. 95 pee
cent of all lots plotted have been
The Irvine R. Hiett Company, of
which he is the head and which
started with only one assistant, now
in highly departmentalized and em
ploys several hundred persons.
In Cleveland Park
Take advantage of a pleasant day to inspect one of
the best little homes ever offered in exclusive Cleveland
Park, located at
Just a Step From Connecticut Avenue
Contains 7 rooms arid bath, hardwood floors, hot
water, electricity?in fact everything you demand in a
home. Fine lot 56 feet wide and 125 feet deep.
Someone is going to be the lucky purchaser. Why
(Shannon ? &? luchS]
Exclusive Agents .
713 14?h St. N. W. _ Main 2345
U. S. ARCHITECTURE
CALLED AN INFANT,
First School Founded in
It is doubtless unknown that scarce
ly thtrty-flve years have passed since
the first school was founded in Amer
ican for the study of architecture.
But one generation has grown up of
architects trained in America to their
profession. We may need to go a
little further into details to realise
the possibilities that lie in the future
in the architecture of our country.
It is clearly at its beginning.
This brings us to the discussion
of style in architecture and gives us
a briefly surveyed background upon
which to understand the reason for
the popular misinterpretation of style
in architecture as a means of decora
tion or embellishment of mass, and
even one which presumes that same
mass may be applied to t?e decora
tive motifs characteristic of one or
another style, and that the result
would then be a work in that style,
which work is absurd.
The qualities of architectural style
are caracterisjtrd by three marked
and easily grouped periods: First, a
quality of vigor characterise or ror
mative and creative periods, second,
a quality of refinement and exquisite
beauty characteristic of developed
periods; third, a license, either that
of riot or stupid scholasticism, char-,
acteristic o? decadent periods.
Style in architecture in its origin
is the unconscious building into stone
of these deeper qualities of people. It
represents the interpretation of the
full meaning and appreciation of
beauty as applied to the full devel
opment and functions attendant to
the character of building required by
their civilisation. Consequently, na
tional style was for all nations prior
to the Renaissance, unique national
possessions expressing the character
of the people of a nation. Therefore,
the historic architecture of Greece,
Rome Bysantium. the Romanej-que
Italy and Fr^pce. Norman England,
etc.. were exquisite writings in stone
of certain fundamental and inspiring
attributes of those nations. For then
they represented growth from mea
gerness to largeness and to Klory,
striving for an ultimate beauty, which
is finally embraced for a period, but
only for a period, and again disap
pears. For them style is never a i
fancy or a fashion: It is their philos- '
ophy for building for eternity their 1
ultimate belief of the embodiment of \
beaut)' In form am] ahap? and color.
It la natural that whan a atria la oon
aldered without tha consideration of
Ita attending meaning to the neople
among whom It originated. It II fre
quently III conaldered. and Ita apirlt
la entirely loat
With the undaratandlng of archl
" Green Colonnade*
of Dim, Sweet
shade and salty
the hottest day
day delightfully tomfortable
This restricted colony of
rustic summer homes under
club management combines
seashore and mountain va
cation pleasures. Located
on the Severn River, not far
from Annapolis, it is quickly
accessible to Washingtonians
by Sherwood Forest Express
Trains over the W. B. & A.
Electric Line to Iglehart
dining rooms and amuse
ment activities. Water sports,
Furnished cottages may
be rented for June, July,
August, September?$350 to
John W. Thompson & Co.
Real Estate Brokers.
821 Fifteen St N. W.
INSPECT THESE NEW HOMES
tec|ural *t>le ax a *ro?th through a
lone ieriei of buildings of flmlltr
type into * perfection of type, we can
picture the *radual inbuildinr of
character Into architecture. There
were elimination*, there were addi
tions but above all there were
Built By Geo. W. B&rkman
Located at 17th and A Sts. S. E.
Laundry, solid oak fnon, colonial front porches. rear
porches, electric light, ga* five large cloaet*. guaranteed heat
ing system, deep lot on alley, suitable for garage.
First floor contains Hall, Living Room. Dining Room, 16
feet deep, pantry and complete kitchen.
Second floor has three bedrooms, one 16 feet wide, tiled
floor, complete bath.
Priced at $6,675
Small Cask Payment?Easy Monthly Payment!
East Capitol Street is to be pared.
Street car lines extended to 19th street
Inspect these houses today?block of New Eastern High
School, a very desirable neighborhood.
Washington Real Estate Company
728 15th Street N. W.
Evening* Adams 1514 Maia S33 aid 834
Many New Features
Fifty-Two Under Construclioii?More Than Half Already Sold!
817 Longfellow St. N.W.
Tapestry brick home*, 6 well proportioned rooms; deep lot to 15-ft. alley; hot-water heat, electricity, tile
bath, hoik-in fixtures, oak floors, exceptional closet space; kitchen equipped with china cupboard and large paltry,
containing built-in refrigerator.
? Open Daily and Sunday Until 9 P. M.
IN ROW SEMI-DETACHLD
j m , With nullt-in. Heated tiaraur ?
Terms: $1,000 cash; balance $75 per Terms: $1J00 cash; balance $75 per
month, induding all interest month, induding all interest
A'Playground for the Children in the Middle of the Square
Take 14th Street Car
marked "Takoma" or
9th Street car to Ken
nedy Street and Georgia
Ave. Walk one square
north to Longfellow
Street and one aquare
east to 9th street.
View of living room
and entrance hall
Phone Main 4600