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MONDAY, APRIL 2S, I*IT.
REAL ESTATE and BUILDING BUILDING GF SHIPS IIOS REALESTATE I§ Now One of This City’s Important Industries BIG BUILDING PROGRAM, PLAN Ship Constructor Says He Needs 1,000 More Workers The real estate market, savs a Detroit banker, Is controlled by In dustry and general business condi tions With this fart In mind It Is not difficult to understand shy people of Detroit have unbounded faltb in real estate investments in this city because of the unparalleled prosper .ty which Is being enjoyed by local industry and business In all lines. Asa rule people do not connect ships with real estate but the rela t!on*hip ts very clear in Detroit. Shipbuilding is becoming one of the city’s most important Industries, snd is reflecting a beneficial effect upon the real estate In the past year the world's mer chant marine has been completely demoralized Practically ev»g* na tlon has suffered great losaes In ships. This results in a condition of shipbuilding activity which has r.ever before been equaled. All na tiotis are rahabilating their mer chant marine and necessarily ths shipbuilding program for this year is enormous Detroit has taken a Arm hold on the business of building ahlps Whereas a few years ago shlpbulld Ing in thia city was confined to the business .'■reated by lake trade al most etcluslvely, the local builders are4)*>w constructing ships that ulti ma's])- will ply all waters of the globe. Thousands of »nen have been put at this work In recent months and the supply of labor Is still in adequate The president of a big shipbuild Ing plant in this city recently stated that he could double his business if the necessary labor could he pro cured He said that if he could get i 000 rnwn he would put them to work at excellent wages with plenty .if work ahead law al vanfs are now contracted for practically two years Authorities on the subject say that Detroit will become one rs the greatest shipbuilding centers in the world, The Great lakes Engineering company snd the I>etrolt Shipbuild ing company have the two largest plants In this city. Both of these concerns are working st capacity. The former company recently cloa ed contracts for $11,000,000 worth of freighters. All classes of ves sels are being constructed but the freighters predominate The government Is looking to I>e trolt shipbuilders, as it ts to all other lo< at Industries, to play a big part In the work of supplying the needs created by recent internation al developments. It is not unlikely that the local plants will be com pelled to greatly enlarge their pres ent capacity before many months pass In order to meet demands These facts all tend to prove tha general belief that I>etroit today stands supreme in industry, and this has a beneficial effect upon the local Investment market, and espe cially real estate hergifae new de mands for property and for home, *o house thousands of new workers are created URGES PUNTING ON VACANT LOTS Will St. John Says Realty Owner* ( an Put I'nuned Property to Good l *e “Real estate men ran do much to relieve the food situation,' ia the belief of Will St. John, secretary and treasurer of the Will St. John A Company. "If all the real estate subdivide!-* would urge upon the people who have bought lota and do not con template building thle year, the ur gent necessity of converting these lots Into gardens no doubt thou sands of acres would be cultivated," said Mr. St John "Karh lot owner In raising food for his own table would In turn be helping the coun try at large in aiding the general situation by putting more food on the market, and would be liberating that much more for shipment abroad to aid the Allies. Each new gardener who supplies his family lK)uatlfully from his vacant lot also removes starvation from the house holds of two families in England and France " President Wilson has designated todey as a day for rontrlbutlona to the relief of l.oonooo Rytheniana. or I'kritnUns. In "dire need of food. Nothing and shelter." The Real Estate Market •V J. LEE BAKER. Detroit real estate has receiv ed It's greatest shock—an nouncement of w%r -and has withstood It like Gibraltar. This seems not only a criterion of the present firmness and stability of local values, hut prophetic, be cause the proverbial rule that “real estate la the Arat to suffer and the last to recover" still holds, and therefore having had It’s shock. It should get better. Money invested in Detroit real estate could be no safer, and should be subject to recall thru sale, with satisfactory profit Ix>cal manufacturers have been several mon’hs behind In pro- j durtton and orders for manv ships and other necessities of the government will keep Indus tries humming for some time to come in war or peace—and it Is to be hoped in the latter. WAR WILL NOT AFFECT REALTY —M. A. JONCI. Real Erttate Dealer Say* Many Requirement* Will Pre serve Prosperity “Ocasionally a salesman meets a man who heaitatea at acquiring r»a! estate at this time because he is fearful of the effeo* of the war on values," says H A. Jones, of the Jones Real Estate company. “Os courae the man who spends eny time thinking of the problem must come to the conclusion that • hare is no cause for alarm. We have two precedents--the declara t'on of war in Europe in Auguet 1914. and the vote of the state which made Michigan dry in the fall of lftlk. “In each of those Instances the salesman mat frequently the man who didn't vrant to buy because **e vas afraid tha city s proaperity whs at an end “Yet didn’t the man who bough* well located property In the laUe part of 1914 make a good invest ment • “And does sny man now thirh the Kate's going dry in May. 1919 will Tiave any bad effect on busi ness • “War orders to be placed by ihe | I nlted States government will tu*n over to manufacturers and thru j them to employe*, such s volume of money as the country has not accn j tu years “This new fighting Ir>rre will r#> quire million*, of dollars' worth of arms, uniforms, ammunition horses, motor trucks, drugs—vast quantltie, of supplies which otherwise,, would | not have been bought. I “And eventually all that money I will come bark Into the pockets of ■ the buyer of real estate. “It la to be borne tn mind, G»o that this country will not be invad ed. and no matter what may hvp -1 pen. nothing can harm or desirey 1 real estate values." BUILDING WORK AGAIN ON GAIN With, Fair Weather Spring Contracts Expected to Go Forward With Ruah A three story reinforced concrete rffire snd store building; a four story. solid brick, IRfamtly apart ment; a two-story solid brick, ll fnmlly apartment, a two-story brick, steel and atone church structure, snd a wide variety of smaller pro jsrts. including business structures, stores and flats, snd residence* i >ade up a good volume of new work which came from the offices of the architects during the week, accord ing to the report of the Builders K Traders’ exchange The aggregate indicates that the i e port a for April will show up well ss compared with those for Ite same month of oth«r years The number of contracts award ed reached a fair aggregate and. w'.th the favorable weather. It is o Gain that the spring work will go forward with a rush. REALTY SIGNS WILL AOVERTIBE WAR BONDS More than 50 of the H. A. Jones Real Rstate company's 12x5 "For sale" signs, most of them Illuminated, were donated to the campaign committee of the Y. M. C. A. which was re cently organised for the , pur pose of raising $1,000,000 for seven branch Y M C. A. build Inga On account of the war, how ever, the Y M C. A campaign has been called off and the com mittee has offered its services to the l otted States government to sell Detroit's quota of war bonds, These sign* rover every part of the city and permission has been given tn rover the entir# surface of everv sign the com pany owns WESTSIOE ! PROPERTY IN GIG DEMAND Growth of Industries in This Section At tracts Many MUCH BUILDING IS PREDICTED A loarge Number of Sales Indicate Activity Recent sales in the semi-down 'own district on the west side, be (ween Grand River ave. and Fort »t., predict for thia territory a won dvrful growth and a demand so. property for housing purposes. This demand Is inspired by the fact that located there are the new Cadillac factories and the Pennsylvania rail road. Saxon motors. Springfield liody company. Michigan Central station gpd numerous industries em rloving hundreds of men who wish to live on direct communication with their places of work. There have been several large apartment buildings built Inside the mile circle on the west side, snd these are well rented In fact. It Ir almost impossible to secure loca tions for prospecilve tenants in this territory This ia rno of the first rettled districts of FVtrolt Many of the buildings are old and have no values placed on them so that the land may be bought at practically its own value a great many of the properties have been in the hand* of the present owners for a naH century and are free from the He ment of speculation brought abou by frequent change*. Among some of the recent sales was a site to Walker A Company, caterers, on Perry-st., between Six’h and Grand Ktverave. for the e-ec tion of a large dtstiibutlon building for Its restaurants The Keller luk company Is erecting a building on Brooklyn, between Labrosse and' Bakerata. I. L. Schetnman haa pur chased a site 250 by' 1.10 feet on l.abroase and Sixth-st* . at a coat of about $50,000. A Wilkinson our * based 100 feet on Seventeenth at with the idwa of erecting a large apartment building These are only a few of the re cent sales that would indicate the demand for proper*y and the fbre sightedness of som-» of the larger dealers in the city There have been a old proper!lea de stroyed and apartment buildings bn lit WILL TALK ON NEW BID PLAN At a meeting of the board of di rectors of the Builders A Traders' exchange, plans were made for a meeting to be held May 1. at which I m out-of town speaker will address the members on anew plan of sub mitting bids by contractor*. This matter came up before the iccent convention of the National AsaoHation of Builders' exchange iq Atlanta, Oa . and the local contrac'- ors desire to get more information on the proposition. lx>cal architects will be invited to the meeting. The board also passed favorably upon the membership application of the Stewart Iron Works cotnpimy. whose home office is In Cincinnati. O. They have taken offices In ih<* exchange. C. O Sellable is the I>e troll representative. After the meeting; the director** attended a dinner In the Hotel Cad illac as ihe guests of C. J. Brede. tire-president of the exchange Those were Fresident Otto Mitch. Treasurer Frank M.» Pauli John H Busby, Fdfi»>r Leavenworth Jesse D Stoddard and Wm. \V. Nor ton, assistant secretary. CREDIT MEN WOULD AMEND i BANKRUPTCY LAW The Detroit Association of Credit Men. In Its regular monthly meet ing. April 24. in the Detroit Board of Commerce, at k 80 p. m., will have an important membership dla cussion on the advisability of rec ; ommendlng to the national asaocia tlon the repealing or amending of the present national bankruptcy Jaw The preference is for a general renovation and amending of the law If such amendments can be obtain ed There have been no ItrsTWove ments in the law since and it Is claimed that commercial crooks seeking the law’s protection are get ttng away with millions of dollars annually thru fraudulent bankrupt Hea and wtthout being either hin dered nr punished, as the Jaw is de feettve in its machinery to reach out and prevent such eroogednesa DETROIT TIMES REALTY MAN WOULD AID RECROITS W. C. Piper Urffea Sus pension of Interest on Contracts PUTS PLAN INTO PRACTICE HERE Proposal to Be Sub mitted to National Realty Boards At an emergency meeting of the board of managers of the National Association of Real Estate boards in the Hlackstone hotel, Chicago. Monday, called by President Henry P. Haas, of Pittsburgh, to consider real estate war measures. Walter C Piper, of Detroit, will recommend extension of monthly realty pav ments and suspension of interest on all deferred payments for all' en listed men In the army or navy so long as they are away from home ir ihe service of their country. The measure, if approved by the national board for the encourage ment of enlistment, will mean an "Kgregaie saving of millions of dol iars for the buyers of realty in every city of prominence in the United States and several In Canada which are members of the association It will also mean that the buyer of a lot on contract, who enlists, will have his property kept intact during his service, and after peace is de Hared he will resume payments ex actly st the point from which he left off. getting the benefit of the 'ncreaeed value tn hts absence he side* An average contract of sl,bbo at six per cent would necessitate suspension of $l2O tnterest in two years. The Detroiter has alread;- placed the rule In effect on his "even sub divisions. Royal Oak Little Farms. Xorthwood No 1, Park Manor. Ora Got IJktle Farms. Gratiot Highlands. Tlgchtjti s Gratiot-ave. and River bank Manor. Mr. F*lper is captain in the quar .’ iormaster's department, attached to the finance reserve corps at the nase depot. He ia expecting orders from the Chicago base to report for duty. BUSINESS WOMEN FORM PATRIOTIC ASSOCIATION HERE A coterie of Detroit business wo men have organised the Woman's j Association of Commerce, a pa'riot ! Ic organization which hss for iis ! chief object the conservation of i food during the period of the war 1 and the encouragement of a wider production of foods. Th» officers of the organisation are; President. Mary T. Dohany; vice presidents, j Mr*- A 0 Dunk, Ka*e F (YCoMtff, ! Julia I. Eagan; secretary, Isabel I Gregory, treasurer, Klla 1-arkin. j corresponding secretary, HrnrietTa j Powers. The women will encourage the hack to the soil movement and to that end have already arranged to put small parcels of land at the dis posal of women who will use them | for gardening purposes. They also ask all members or sympathizers to I pledge themselves to use onl\ such ' foods as are absolutely neccshar: for the proper and adequa'e nouns!) I ment of their families The Fad | .quarters of the organisation i* in j the office of Mary T. Dol.an the president, No. 1724 Dim-- Hank building. •ody Taken From River The body of an unidentified nun about 40 years of age. was found floating In the Detroit river. Satur day, at the foot of Minnie st. \n insurance policy bearing the na.u- Charles F. Sherman was found in .* pockws a strnet ring on the ri r T hand bore the Initials *K. G S The tody was taken to ihe county J morgue Children Ory rOR FLETCHER’? CASTO R 5 A i When the Neal Way Enters TheCravingfor Booze Leaves in 3 to 5 days you leave the Neal ► Institute a man—Free from the LIQUOR DRINKING HABIT The Detroit Neal Institute Woodward I I S llalralt—naralia<l—< lurlnnatl— I’lffa hnrfk—« oiantfcna DELRAY LADIES FORM TBC CLUB H A jB ■ m M MRS GEORGE GULYAS Mrs. Gulya* la an active member <>t the Hungarian Ladie*’ Tubercu l«»*i* Aid auxiliary, of Delray, rc '•ntly organited for the purpoae of helping In every way poaaible the fight ujM>n the white plague. The auxiliary will raler money in vari ous way* for a fund to be devoted to the rare of Hungarian patient \ in the l»etroit Tuberculoal* aant torium. The memberahlp Include*, heaide* Mr*. Gulya*. .Me«d*rn** Alex ander Laaalo. Albert Holla. Stephen Horao*. Andrea- \V>i**, Ignatli.e (iunaberlt, Juliu* FiaJor. Paul Gun* herg. Anton Keder and (oloman Bathor. NEW ATTACK IS MADE ON WILL OF LIZZIE PALMER Another objection to the probate of the will of Mr*. Lirzle M Palmer, who left an e*tate of tf»,000.000 for the entabliahment of a motherho>d training achool, wan hied Saturday niorning In the circuit court by Ka*c Jenk*. of Port Huion. an heir at law who contend* that the will making the beque*t i* not .valid be rau*e Mr* Palmer wa* not a re*l dent of Michigan at the time It wan made. She al*o oaeerta that 'h»- will »an the reeult of undue Influ ence. that Mr* Palmer *a* mental ly incompetent and that *h* did not know the amount of the estate. frlatlag—lkr plain Mil kln« — (k»t la rltkf—Tltr.e* Jo* tlrpf. — Mata 4S9* Your Most Treasured Possession in year* to come, will b« the baby picture of your son or daughter. ttrrnr the trtt)r it ft* rh 4iiti lei u. make a tikeer** that yc/a a ill be proud to k'-ep 1 Dozen Easter Special Photographs $5 «■*> —Photographer Studio 970 Woodward Near Warren “The Child's Photographer” US 36-inch 95c Yd. United Silk Cos. 90 Broadway Trust in God and Keep Your Country M In response to a telegraphic request for an opinion on the definability of BrifcMM prohibition during the war to prevent venereal disease* in the army and navy, tiftj food wasted in manufacture of liquor and to promote productive efficiency, the paUw*l er of The Times has sent the following telegram to the Council of National Defenaa: 1 , United States, saloonless and sober, would be mightier and readier to 1 meet any foe even with its present military resources than it would he J with the very maximum of armament and the retention of the saloon 1 with all of its attendant vice and waste. By all means make the elimino- j tion of liquor and its illicit allies the foremost feature of national pre- j paredness. Modify the splendid old battle-cry so that it shall run, "Trust j in God and Keep Your Country Dry.** M TBSP WESTEMLUNION fZfE]] rij&ik. —TO—I I —. j Sn 4 tfca wl.fc.M >■ tW tmrmm 14 04 Cl ft TIL VIEVEIMAK .111 il i»» gWMf HI j\i ||H 1 TANARUS« C 1 QOl Mil inn t aiwbll iLbfl psemciT mice. i TAII OUT SITU MIT liJm YlflTKabAT fl» tail —M w •'Ufr ,tn | A . V,IAQB !y_ P, ? C,,T SILTSS WOIAHT TTOTI 01101S 1» -"-—gniir V rITI riaciiT. «I IS offsibp ills mit| wttm | MOIT,MWII A,P CAI safAlAf if earn, BT,M ,o " y,,t 0> “ OPT uuumM,' 1 WESTEjm union teiJHram L^- "SSwttJLr ‘I »"e«" •Amitmm. mmmmm* ££ r“ 4 Tit os 4611 WI? IIIM4I tin u MAI IS AM it ft To. -fi.JL 4CHUI BQI fAKfIU SIPO. diticit.mioi. * BTiiKB taeoiTAif, SSTII root y»n MOLTtDiyrki corns sn ns ou. em _ HAV, ._j < - UL T,>T I CCPPIS WI LI QC Til FIBCBBT. will Bill AID llln §OOI iisqth is PiTiaimcso, looks firs, sirpiro ramfus soitisiiom, bibs siadi BlirtM ARP OOFPfR osi IT IXPRRBB. J,f, lARPRAPBg, '“jSSq WESTEJM, UNION ZZ?IZ JU. tbuHram —. Hivtoni t«*iWN —rr rr - the Mleeia| eufetont •# da mrmn -.Mk« M ( t Hi2 M k M o T^M 691 CR FT 90RI ■immu mi ff .»* tSE« f . T «—C.JL. annul ana fairim hm. nitmn mqi, TiM ms ttmcil .ix.gt m r.» ..... ... A£:> Bltii 68aPI «« 18 mmifl tn teiaT T —*«■- g»L»»_CMTAirir is iccnto fixe. , — 915? A L WESTERN UNION SKS —r, NfWCOMt CAUL TOM. riTT SMi ifc* UU«h( >*t*«r*a. MkfcL m ilm W.I Al o6* Cff 47K1 »m»mA« »>ti jpi is ii 7 Ta £ a flfilMAl ASA lABIII.I MDII. AItACIT MIOR. jARR’i Diirr looks /iii* haya. ms, ...nur s jioiiipiipm» staatim MArr all H..yiy»ST coppfi cm, wiymciE sixty nit m» moitmiium om, wi got —H4T n wait THim, pi. 11 ckioridi. hatiiq ron dbippikq tpwrros. J.W. FaEPKaUIR. WESTEWJ. UNION r°^~ ik* Ml.-*!.<„. ntwM „ lk . A6 6CI 46 ML WIREEi mu ms y -| A ,, R ((J( T«—9...‘ «»m> —ap; nwtiuit; ; (L;j ***■ ” net ,0 “ , ,T " ,,Tr M,T mi a «iw. . niiiiiiii ifttin —- —* — m ,cltll> ,lUI »» «it«i iitrc.tm ao(? a rc« LOTS Ctl. _ _ J.W,. lAHHADII. 1 " -i J Dripping Springs Copper Cos. of Arizona Read the SIGNS OF THE TIMES IN THE ABOVE TELEGRAMS GET INFORMATION AT ONCE. So t(iat you are prepared to buy before May sth. At the last advance, numbers of purchasers were disappointed and had to pay the advanced price. Don’t hesitate; act at once. See Mr. (bowman. Room 303 FarweU Building. < adillae 53.17—5959. Shares Now 75c After May sth, SI.OO PAGE 5