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CONTRACTORS SEE GOOD YEAR IN 1927 Continued Building Activity Predicted in Survey of Association. With a year of record-breaking ac tivity just completed, construction operations hold promise to continue at a lively pace during the opening weeks of 1927, according to a statisti cal study just completed hv the As sociated General Contractors of America. Indication that the un usually strong demand for new struc tures has not vet ceased is found in the large* number of contracts re cently awarded and in the unprece dented volume of “cold Weather” operations being carried on this Win ter The volume of contracts awarded during the first 11 months of 1926 was 8 per cent greater than the corre Spending volume registered in 1925, the year which previously held all 'records. More immediately, the great est volume of contracts ever awarded during the month of November was established two months ago. This condition indicates a large amount of construction work has been planned during recent weeks. New records for volume of con struction under way in November and December were set during the last two months of 1926. indicating that the impetus behind construction work will project itself into 1927. An index which sets the 1913 aver age at 100 as its basis, shows the volume of contracts awarded during November to have held the 210 level. The corresponding figure for Novem ber. 1925, was 203. AIR GOLD SHIPMENTS INCREASE IN ENGLAND Bankers Find Thev Can Save More Interest Due to Faster Schedule. By the Associated Press. LONDON, January 8. —Gold ship ments by air are on the increase. Bankers have found that the interest saved by speed more than pays for the chartering of airplanes, accord ing to Samuel Instone, airplane manufacturer. “In one year we carried bullion worth 10,000,000 pounds across the Channel.” said Sir Samuel in a Rotary luncheon speech, and, “owing to the speed at which it was trans ported, the saving in interest was more than sufficient to pay not only for the cost of transport, but for*the insurance as well,” Commercial aviation in time would be a success, he said, but as yet the directors had not found a practical economic commercial machine for or dinary usage. He regretted that up to the present there did not exist a flying boat that could be relied upon to carry a useful load. # N.W. Corner Conn, Ave. & Leland St. New Substantially Built Home * • Modern in every respect. 6 bedrooms, 3 baths, unusually large living room, open fireplace, large corner lot, 2-car garage. Y'our careful inspection will convince you of the excellent value of this home. Ellerson & Wemple 734 15th St. N.W. Main 603 Change Outlay ! To INCOME Today—See is I I I 100 PER CENT CO-OPERATIVE $ i 5112 Conn. Ave. f «* x ;; Save Over Half Your Rent | <► Own Your Apartment here, comprising TWO . £ o ' Bedrooms, Living Room, Bath and Shower, x ,! Foyer, Dinet, Kitchen with service entrance y . and Private Porch —For & §750 Deposit I • • Monthly Payment $58.97 of which you x x actually SAVE $32.29. • Operating ? Cost is $13.05 Total Cost, $7,600 IPhone Office | On Premises Oxford Bldg* % Clcve. 5100 Main 9394 y REALTY CO. 6 —' | Specialists in Co-Operative Apartments for ± HARRY A. BRAMOW, Builder | "" " 1 a REAL ESTATE. Made Official I i£BPWIW mmm JAMES F. SAI.EEt.It. A former messenger boy on The Star, who has been made head of the busi less properly division of the Wardnian Co. He was on The Star for eight years. LUSK TELLS REALTY BRANCH OF BUILDING Association President Addresses Sales Managers on Activities During 1926. Rufus S. Lusk, president of the Operative Builders' Association of the District of Columbia, addressed the sales managers' division of the Wash* ington Real Estate Board at its regu lar luncheon meeting at the Lee House Tuesday. More than 30 sales managers rep resenting as many offices attended this meeting, the largest gathering of the division since its formation almost a year ago. Mr. Lusk outlined the activities of the Operative Builders’ Association during the past year. He predicted a greater activity in the real estate market during the coming Spring, and a further development that would en-1 hanee the development of Washing ton as an ideal residential city and a sound*- place for investment. He pointed out that the National Capital logically is the center of attraction for every citizen of the country and that all interested in its development should become enthused in broad casting its attractiveness and desira bility. A number of other matters were discussed. Charles H. Hillegeist, chairman of the division, presided at the meeting. THE EVENING STAB. WASHINGTON, D. 0.. SATURDAY, JANUARY 8. 1927. N.Y. TAX LIMIT NOT REACHED, IS VIEW Levy Has Not Seriously Af fected Private Enterprises, Survey Concludes. A review of the report of the New York State committee on taxation and retrenchment, by Henry F. Wal •radt of Chicago University, is pub lished in n recent issue of the Na tional Municipal Review. It Is quoted by the National Association of Real Estate Boards as being of Interest to property owners everywhere. "Tabulating tax increases in New York from the official records.” the Review says, “It thus appears that % “Jameson-Built Model Homes” 1 , s J Five Choice Locations to Choose From 1319 E St. N.E. 1838 Potomac Ave. S.E. $ 904 Quincy St. N.W. 1819 D St. S.E. 2810 sth St. N.E. v; You may just as well - $ $ own the best as they cost no more. These ' longer. They are built ot the best grade of ma- J / Ir fPf|| \\ $ terial, by the best skilled fj 1 * U mechanics and have // & '', \\ x double rear porches and j * *V» \\ $ $ wide front porch. All jPjPji- $ modern conveniences. fill m All that we ask is that ' i&k > \ $ you inspect these sam- \\ II pie houses and be con- \\ jl v $ vinced that they are the \\ fj < yji range $0,950 I “r - easy terms \ % ternfs like rent. riios. a. jameson. Pre«. Built.‘(timed and for Sale by | THOS. A. JAMESON COMPANY j “Ash The Man Who Own• One” ffi "A SHADE BETTER ” jt | Home Owners | I Builders | | Architects | a i 1 V J I 95 Per Cent 1 B —of all the buildings erected in yjj ffi. the District of Columbia during ffi S the past year were equipped with S S window shades made by The jjj jjj Shade Shop — | i TontinE s jjj Waterproof Washable ffi S Shade Cloth jjj gj Hartshorn Rollers » lc —was used exclusively in the manufac- '9 Jfl ture of these thousands of window shades, ffi tfj and to prove that we make them right, we have yet to record a complaint due to un -9 satisfactory workmanship. jfi ffi As a matter of fact for the past six (6) y, S years The Shade Shop has installed the ffi 9 window shades in practically 95 per cent tfi lc of all buildings erected in Washington, us- S Jfi mg Du Pont Tontine, waterproof and Bj Perfect installation and careful manufactur- 9 yj ing covered by our complete specifications is the ffi Lc “reason why.” S W Installation Guaranteed for 5 Years! ft ifi Before you place an order (small 9 !fi or large) consult — yj j 1 j| | 830 13th St. N.W. | | Phones | jjj | W. STOKES SAMMONS, Proprietor S for the entire period (1850 to 1924) taxes have been expanding one and one-sixth times as rapidly as Income. Assuming that the same relative rates of increase could he maintained in the future, taxes would absorb the entire income of the people at the end of 300 years.” Income*ls Greater. Since 1910 the percentage of income absorbed by taxes has been over 12 per cent per- year in New York State, rising to 19.5 per cent In 1921, falling, however, to 12.1 per cent in 1923. The study points out, however, that the growth of private income during the years 1919 to 1923, during which the rate of taxes to income reached the high point, was greater than at any time in the history of New York except for the decade 1880-1890. "This seems to indicate,” the study concludes, “that the high taxes have not yet seriously affected private en terprises in the Stafe, or in other words that the limit of the State's taxable capacity has not yet been reached.” The study holds that conclusions reached as holding true in New York are probably true throughout the country. r * convenient^y equipped equipment—they* on the major luxuriant appointments, and the many little labor-saving devices that add so much to domestic routine. w*r We knew this when we created these homes in Four teenth Street Terrace—and we have equipped them to . meet the requirements of the most exacting. Open fireplaces, a mail’s room, scientifically ap pointed kitchens, a houdoir or nursery, two tiled baths and first floor tiled lavatory (one of the baths has a built-in shower), a large linen closet, a pantry, basement ' . lavatory, and, of course, all modern construction, com plete these splendid Detached English Residences. 1369 Hamilton Street (Sample Home) . j 1333 Ingraham St. is the address of the Sample House for ' __ To Reach K’ T 9 T xl Take anv 14th street ear nr Lj U Ixllxll l!\l * I 1 it II A1 drive out 16th st. to Colorado 1 xrl/\ININvVIN K X L/VJ v/l 1. JJ ave.. then two brocks to Inifra tJ i |T ■ I '| k j| • and Hamilton sts. Both Member» of ttit for Inspection. Assn, of D. C. 1 g - - - • • • 1 2707 ~ *** ' 8 Just North I 100% CO-OPERATIVE | (. - ~ FIREPROOF j § This Building offers the Home-Seeker a Modern , Fireproof M * Elevator Apartment Home at N on-Fire proof t Walkup Prices p Apartment Homes With Total Monthly Payments as low as <j| | $12.47 per Room J | r FOR EXAMPLE 1 || SUITE 103 , • SUITE 110 M j § Reception Hall, Living Room, Bed- Reception Hall, Living Room, Murphy | S] room, Bath, Kitchen and Dining Alcove. d. j n.i 1 Price, $4,400. Small initial payment p • t g. and $37.40 per month (which includes * Total monthly pay -1 B interest, operation charge and curtail of ment, $31.45. ==y j principal). Open Every Day—9:oo A.M. to 9:30 P.M. >'g | E M DAWSON ! | H* Co-operative Apartment Homes * S j j 2707 Adams Mill Road N.W. | | Telephone Columbia 6490 I iiiifoMiiiiiiiiiiiiiiall REAE ESTATE.