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STORAGE TO LOIR WINTERCOAL PRICE Engineers See Chance to - ! n Stabilize Industry if Con sumers Will Co-Operate. American home owners need not fear coal shortage if a definite storage policy is carried out, it is asserted in the report of the coal storage com mittee of the American Engineering Council, by which a nation-wide sur vey, participated in by more than 100 engineers, has just been completed. The remedy, it was said, lies with the consumer, who can prevent heat less homes, relieve railroad conges tion, aid industry and eliminate inter mittent mine operation. Storage will eventually cut the consumer’s coal bill, says the report, adding: “The public is undoubtedly paying for irregular operation and overde velopment of mines and peak-loads in transportation in the form of in creased prices of coal. A gradual elimination of the causes of the ills ■will inevitably lead to recovery, and will be reflected in a reduction of the consumers' coal bill. The recovery, however, will he a slow process, not a miraculous cure. Expense In I'poblem. “The discussion of cost of storing coal leads to the question. What may be expected in the way of gains to accrue from the purchase of coal ac cording to the storage plan? Obvi ously. the business man and home owner will not incur the expense of storing coal unless he expects to be compensated for it. Regardless of what may appear economically or socially desirable, neither the con sumer nor the producer will store coal/ in order to bring about continuous employment of coal miners, to relieve the railroads or to tranquiiize the market. The incentive must bo some assurance of financial benefit “The advantages claimed for stnp 5 % t Another Group of Homes in Our New Subdivision £ ? Hamlin St. N.E. between 10th and 12th Sts. $ 5 > £ (Brookland) £ < < S Just being completed by Rreuningcr. Pedersen Co., who J # arc recognized as master builders. Technical workmen have j proven their skill on these homes. High quality materials J used throughout. Two-story brick, semi-detached and at- j i tached styles. Six large, light, airy rooms, large light ba«e- # S incut and attic, tiled hath, hot-water heat, large scrccned-in 5 5 porches. Brick coal bin and brick partitions between rear f porches on houses. Many o'hcr special up-to-the-minute 5 features. Reasonable price and terms arc moving these houses 2 •A fast. Open and lighted each evening until 8 P.M. Inspect 5 without delay. 5 > 5 / Arlington Realty Company ; £ /?ca/ Values in Real Homes * \ 1627 K St. N.W, Main 3174 £ * / I TAKOMA PARK SECTION Detached Homes of Individual Design $10,250 X[L 1 • '' ■ 1 862 Van Buren Street N.W. lllrhirrq ticorgin Avrnur and I’lne.T Branch Road) r>rta<hed homes in which superiority of material and construc tion is easily recognized. Very large living room and dining room, made especially attractive by natural illumination; deep rear porch entire width of home, large pantry with outside window and with built-in refrigerator; spacious kitchen; beautiful brick open fire place in living room; adequate coat closet and open stairway; se lected oak floors; on second floor there are three fine chambers with very large closets; also a full tiled bathroom of good proportions. Side entrance cellar, fully equipped with best hot-water heat ing plant, auxiliary gas heater, laundry trays, ete. These houses have superior electrical fixtures with toggle switches; the entire equipment will bear critical inspection and there is not a dark corner. The price and terms are such that they are likely to be sold before full completion. Call here, that we may take you out and let you see for yourself. TAKOMA PARK, D. C. B"'" vy 111 11 1 ' •' -"-M *-U,v. 'JUI Corner Blair Road and Fern Street Fine corner house surrounded by attractive detached homes: 7 good rooms ami bath: enter hall plan; fine open fireplace; living room across entire front of house; beamed ceiling in dining room and living room: nearly V, acre of ground; this house was built by day labor for the OWNER and is out of the ordinary. WM. H. SAUNDERS CO., Inc. Exclusive Agents 1433 K Street N.W. Main 1016-7 I H Member the W askington Real Estate Beard if REAL ESTATE. age have been saving in price through purchasing when coal is cheap and insurance against shut-down of plant. After a careful compilation of statis tics on the subject. F. G. Tryon and W. F. McKenney of the United States Geological Survey arrived at the fol lowing conclusion: ••‘The evidence warrants the con clusion that in the region west of the Appalachians a consumer who counts the cost of storage may expect to de rive a benefit from the seasonal va riation in price, year in and year out. sufficient to meet a considerable part of the expense of storage. If at the same time he anticipates other increases in price due to strikes, car shortage or similar conditions, all the factors together conclusively favor storage. In the East the case for storage must rest upon other causes than seasonal price.’” Capacity for Storage. Discussing the capacity of existing storage facilities, the report says; “To equalize the seasonal demand for coal and relieve the Winter bur den on railway traffic would require the storage during the Summer of only 20.000.000 tons more than is already stored. American consumers can manage to find room for this ad ditional 20,000,000 tons. Twenty mil lion tons can be put away without involving the construction of new yards by utilizing more effectively the existing storage facilities or by expanding the crude arrangement of the ordinary small plant." For the principal cities the engi neers worked out a plan of uniform monthly shipments, by which, It was said, shortages could be avoided. YARDSTICK FOR CITIES. Institute Tells How to Pick Good Business Location. Here are some of the measuring sticks to apply to a community in order to ascertain how desirable it would be for a business location, as the American Real Estate Institute sees the problem : What is the racial and national character of the population? Is the per capita wealth or buying power high? What is the monthly payroll? Is the industry varied, so as to make for stability in business condi tions? THE EVENING STAR, WASHINGTON, D. C., SATURDAY, SEPTEMBER 27, 1924. t la the rapid transit system good? 1 Are the streets well paved? Is there a market for goods among j persons outside the city? , Is there a large tourist business? Are saving accounts increasing in number and amount? Are the railroad shipping facilities ' good? ’ Is the mail handled quickly and efficiently? Are the/ banks well established? Do they offer good credit facilities? “ Is there a good public auditorium? - Do conventions come to the city ' often? la there a live chamber of com * merce? What are the front-foot property ■ values of the retail district at ' present? Will Campaign by Radio. BOSTON. September 27.-—Maj. James I M. Curly, Democratic candidate for governor, announced yesterday that > he would conduct a radio campaign r from city hall with a broadcasting ; station presented him by a friend. iilllHlillllllii | 14TH ST. HIGHLANDS | | A Superior Location | J Close to 16th St. and Beautiful Rock Creek Park jjj l| | ; J A Semi-Detached Home Rare in Beauty and Charm |j [ H —Situated on One of the Real Wide High-Grade Resi- m | M dential Streets. • J \ U Nice Size Lot —Lovely Lawn and Shrubbery. M \'M A Daylight Home with Eight Outside Rooms, Two g !:| Outside Baths, Two-Gar Garage, Open Fireplace, Con- Jj [ i U crete Porches. g j| Center Entrance |j m You Cant See the Kitchen from the Front Door | I D. J. DUNIGAN | | 1319 N. Y. Ave. M. 1267 | WHY PAY RENT When You Can Buy One of These Homes Easier Than Paying Rent Just Five Minutes* Walk From 14th Street, Overlooking Saul’s Addition Exhibit House , 923 Delafield Place pri “ 7,950 t ™ Description These houses consist of six nice large bright rooms and tile bath, clothes closet on first floor, completely equipped kitchen, cold storage pantry, built-in refrigerator, white kitchen cabinet and many other features. Three bright and cheerful bedrooms, each with clothes closets. Beautiful front lawn, sodded and planted with shrubbery; deep rear lot to alley with space for garage. To Inspect -i Take 14th Street car to Delafield Place, then wale two blocks east— or take Georgia Avenue car to Delafield and walk half a block. OPEN FOR INSPECTION 1416 K Main Nst. N.W. y L i ilt>UJa^iAUl.lL l l l H| 617 jr L REALTORS—Ow tiers and BoHders /j/ D. C. REALTY VALUES HELD VITAL TO TRADE (Continued from Thirteenth Page.) significant figures in comparing Washington with other cities Is that furnished by the income tax division of the Government, which show* that Washington people making income tax returns pay on the highest per capita net Income of any city. This figure for the District of Columbia was >475 per person, as compared with the average of $225 in other parts of the United States. A study of the grow in of the population In Washington since its foundation by Gen. Washington and his associates provides us with the most convincing argument of all as to the present and future stability of real estate values. A chart curve of the population increase shows a continuously upward trend, and de spite the complaint that Washington values have been increased beyond those of comparative cities by reason of the war, this chart, when taken for periods of 10 years, indicates a consistent and steady growth, and, In fact, the period between 1910 and 1920 shows a curve only slightly... steeper than that of the 10 previous years. The estimates of the American Tele phone & Telegraph Co. for the Dis trict of Columbia Indicate for the next 20 years a similar rate of in crease as was that of the last 20 years. Summing up these facts and figures, we believe that we are Justi fied in making the prediction that real estate values in Washington have more basis for stability than any other city in the United States. Acquire Money Area Tract. An entire block in the financial sec tion of New Yorlc City came under the control of the American Trust Company and the affiliated New York Title and Mortgage Company through Ihe purchase of the Washington Life Building, at the southwest corner of Broadway and Liberty street, and the Manufacturers’ Trust Company Building, adjoining. 31 YOUR LAST CHANCE TO SECURE A PRESTON ST H(>ME : Shrewd business and professional men and women have bought these wonderful homes 8 Sold 2 Left : Positively the best new house opportunity on the market. There is hardly a doubt but that the resale demand will be great, and the purchaser can realize a handsome profit. Come out today. Don’t overlook these sensational homes, built and owned bv WINFIELD PRESTON, FAMOUS AS A BUILDER OF ORIGINAL AND ARTISTIC HOMES. L Exhibit House 9 3547 7 6th St. N.W.—Furnished And Open for Inspection Daily and Sunday Until 9:30 P.M. GARDINER & DENT, Inc. Rirlnuir, W. GILBERT DENT 1409 L Street N.W. President Main 4884 3b, JEk„! —=3l3L ■■EEDDnBt-:-:-. ■ ■ iEH ■■■ ini =ir OWN YOUR OWN APARTM LA T HO ML— DON'T PAY RENT Come See Our Sample Apartment Completely Furnished by W. B. Moses & Sons J You will be as interested to note Honv at tractively these Apartments can be furnished, as you will be pleased to know how easily you may own one. These Apartments are being sold under a co-operative ownership plan, which has been operating satisfactorily over 50 years. You can own your own apartment home by making a small initial payment and monthly payments less than usual rental charges. »58 °° TO J 7- 00 A MONTH Including all expenses, such as taxes, jan itor, coal, etc. CLEVELAND PARK APARTMENTS (SIX NEW BUILDINGS) 3018-20-22-24-26-28 Porter Street Northwest One and One-Half Blocks West of Connecticut Avenue OPEN UNTIL 10 P.M. DAILY AND SUNDAY Telephone Cleveland 2232 for Motor to Inspect EDMUND J. FLYNN CO., Inc. Main 7253 . 1412 Eye St. N.W. REAL ESTATE.