Evening star. [volume], January 05, 1928, Page 3, Image 3

About Evening star. [volume] (Washington, D.C.) 1854-1972

Image provided by: Library of Congress, Washington, DC

                
n* PROGRESS OF CAPITAL HAS SET
♦ NEW LEVEL FOR REAL ESTATE
Tremendous Increase in Values as Shown
by Surveys Serve as Barometer of
City s Rapid Development.
ARTICLE 111.
BY DON \I.D A. CRAIG.
" In almost any field ot local activity
■where a survey is made of conditions
past and present, the facts combine to ]
project upon the screen of the future 1
an Impressive moving picture of j
steady growth and prosperity in the |
Capital City.
This is true with respect to real os- 1
Lite and building operations, mercan i
tile lines. Ranking, employment and j
business conditions generally. If the j
situation in any single Reid is not at |
the present moment so good as it was
l during the years of abnormal activity i
which immediately followed the World I
War, it is immeasurably better than
it was prior thereto, and it holds
Lt.cht promise for the future.
_ Washington’s growth in the imme- j
diaie future is foretold in the impre's- |
five figures of the new Federal build-1
\tg program and the plans of private j
builders for a conservative forward j
movement to keep pace with the nor-1
. .* mal increase in the city's population j
y and business needs.
Huge Gain Since 1837.
With the completion of the present
Federal program, the total value of
publicly and privately owned real es
tate in this city will he approximately
$2,000,000,000. This is a far cry from
$13,728,000, which was found to be the
total value of the property cf the 1
Vailed States and the cltlsens of j
Washington when the city assessors 1
had completed a survey in is:>7.
Since the end of the World War j
building activity in the city and vicin- i
ity has been nothing less than re- |
markable. Within the last four years j
residential construction sufficient to j
house a city of more than 100.000 per- j
sons has taken place here. This means ;
that the entire population of Spokane j
or Duluth. Utica or Savannah might \
have been moved here and accommo- j
dated in new houses and apartments
buiit during this period.
The actual value of taxable real
estate in the District of Columbia to
day is estimated to be about $1,150.-
000.000. Tax-exempt property, exclu
sive cf that owned by the United
States and the city, is worth $75,000,-
900, an increase of $55,000,000 since a
survey of this class of property was
SPECIAL NOTICES.
SiV HUSBAND. JAMES H. ACTON. WAS
r •truck by * bus near street car loading piat-
Jorn.s at 15th and H sts. n.e.. about < :20
on morning ot December 12th. He was se
verely injured, and later died. Will the per
sons who witnessed this accident ideas.- oom
fuuuic«te with me by letter, giving names
•ad fe id resses ?
iSigned) - MRS. J. H. ACTON.
> 2025 Bennmg road.
Notice xs hereby given xhax The
KoCsiyu Mccl <v Cement Co. first mortgas'e
tKituls No». 15. 79. 98. IU2. 120 I*s. 194.
gj 3 283. 320 will tie redeemed at 105 at
the r'eUetar-American National Bank. Wash
melon u. C.. on February l. 1028. trom
wmeh tune interest on sa,d Ponds will cease.
ANNUAL MEETING OF THE STOCKHOLD
eis ot the Laoorere and Mechanics Realty
Ccmpany will be held Wednesday. January
lilu. at 7.30 p.m.. 2000 lith si. n.w.
lor the election ol ofiiccrs ami ail other
Business that may be brought belore the
WM A BOWIE. Secy-Tress.
THE PARTNERSHIP PREVIOUSLY EXJST
in* oetween aaiues C. ttoyie and Raymond
%i Martyn as Hoyle A Manyo Co., by mu
tual coii»Ciit is uissoiVeU as oi lUCcember 3j.
lU2 !. Ativ cifeioi against the said Brill
•tiould be presented witfiia 10 days fetter date
oi tai* notice. JAJlts C. HOYLE.
___ ka l aO.NI) M. MARTYVg*
TllE-vE WHO. BE AN AN M AE MEETING
ot the Atranuc Btoaling Conipaiiy set the
otfive ot the company. No. XiO south Xair-
XtJi si.. Aiexuudna. *».. on Thuntdfey. Janu
ary m lit 2B This meeting i» lor the
lucciiaii cil uiiiuer*
ALLANTag BUILDING COMPANY.
By a. l. Zachary.
secretary - X refesurwr.
FIRSUANT TO SECTION X. ARTiCLE 8.
ot ny-i»ws. uotiee i* hereby given that the
Annual moeUi-g o 1 the stockholders ol the
Caii.tal TifeAliOß Company lor the ejection
ol a oofeju ot directors tor the eneuutg year
ana the irsuMcUoa ol such other bumne*-*
as may be uoughl tjelore the meeting. will
be held at the eifioe ot the company, doth
i mud M streets n.w.. M aahit.gtou. it. C.. on
Thursday. January 12. 4928. at XOXu
** *T tJe pous snll be open from 11 o'clock
a m. untu 42 o dock noon. ..
* U. It. CRAMPTON.
•y-t-lary.
SPECIAL NOTICE.—THE AMERICAN SE-
I cuiity and Trust Lc/tui-an* ol the District ol
Columbia, trusts* under a deed ol trusi.
tinted Xebruary 15. i»0« made by the
Metrotkn.tau Club of the City ol W asiuita
Urn Di*unt ol Cdluffibia. pursuant to the
IPuva oiii itereoJ as slated in *a/<l tuatru
ouejji «i connection with the sinking lund.
Has drawn lor redemption at the office ol
I the trustee on Xebruary 15 1028. bonds
DUDibered i&O. 169, 187. 2uO aiid •!< lor
ki 000 earn secured by said deed o! trust
The bonds enumerated herein are called lor
the purpose ol the sinking lulu! and the
inierest oh said bunds will «.*aee on the
16 th day Os February. AD 4928. AM E RI
CA N tsXXCRITY AND I'HLfei COMBA.M
bs CORCORAN THOM Vice President
■ seal . Attest ALBERT H. BHILLINo
"ON Assistant Sei-retary
THE. ANNUAL MEETING OF THE BHARE
bolder* cf the Continwilai Trust Company
wd oe held at the office* of the company.
Lou; teen lit Rid H iU urn.. Washington
r on Tuewlay. January JOlh 11Tie a’.
1 o <i<#£ t> in lor the transaction of such
btis.nese at may come before the meeting.
|}y older of the Guard M J. WlNXitLi.
pis letary -
NOTICE IS HEKEISY~g7 VEN THAT CHIN
para, lormeriy owner ot the Mandarin < ate
r,ii Pth St fi.w . has sold said bU*nes» t<
Moy Don. former manager of the Nankn
Caie who reo'uests Uie old patrons to ca
sis* tun at the Mandarin Case. Ail person
having claims against sail Chiu Park shall
j,.!..- for set Ins 1i *
THE Jii.ceEAß annual Ol
the sPs kholders of lh> J'a./neUo Colter Com
p*oy will ise held Tuesday. Jan .ary 1 ‘
j'jZZ* *1 <5 *.■ p li>.. ii*
com pa of- 35135 Georgia ave n.w., for tn
p of <-i# t ;.y u :u.ard of directors so
the ensuing y r and for »Hi other bust new
as may oe properly brought lie lore the meet
tbg
M. J HiNK. Secretary.
| WAX N?yf lIE RX.SPONfeJBLK FOB
Oebts ,i .ess ■ on'.i a< veil lor by me. W. 1.
t-; A'si , >-'0 N Cap st *
« W A-ill. .G'JgN. D C jANT.AjkY 1. IW2B
Ae, lor pree. leiit and the ma,only of tin
If ..lens of Ihv Rui X.elatc Title lutuTWi"
fio.pajvy of if.* District ol Columbia, do
y oerUfy that the capital st-jca of aaio
coi..pa.oy is giooobb ami is lu.ly paid op
fe; ■; that ion a.e no <1 ots ol sa.d com
pa../ eX'JCl't . prent */!/;■««
JAM LA J BECKER, President.
EDGAR M MAYNE
V, -J'ENCf.it A J'.M i l HONG.
WILLIAM 1/ HMiVER.
EHAIti.ES J BELL.
Wif.i.iAM J, XEaIHEH,
' George x. FLEMING.
LEO iOBRINER
Gi.o W j.jioc.;.
James j j.ecf.ek 'Xjumm.
I Kdwaid M'E.ew are. slant a •retail
of !h>. Ral Eelate 'J JtP lot Name l.ompai..
Os the L.clfiet ol <,o -11. la. do so.en.nl
lc II tout the Ja ( Is eohi.uii.fd O for. gOins
«> I h- ate an 1 r -at to the Oil of 11./ show.
•<« and lAaef
EDWARD ft M-F.NEW
A*«i keeretary
e ,-*>i.LJ snd sworn to .u joic- u«t thi
Ibu day of January. A Ji. llc.o
if/.ji.tr j bane ji .
Notary f'Oo.t. Ji C
tin vNUaX Vf'> EiiCEbf.Kts MiEfjG'i
«es Inooeiirai r.aln ri Bank w.i. in; tpud
'i ay Jal.-.ujy 10 .u. « at 3 O 'do' H pin
B. V due i~* room for lbs . ;«< (ion of
do t, a .d oiAal a.'h bos.liesS «.« O.u/
O'l-.v twfo.s u.c nui Gi *
■ KIEEiAM A IF/WIF. Caenlei
t T'e XilE oiv r.N/i.J/BKo ‘/X flu >A
t. a, CupH*. Li.be « I ouipai.y of Ins in*
t> I ,J I. V ; ~1.0-s f'uisuant P, s IseoßiUol.
pe u, 1 by Inc b aid of Kochi., of II.« ha
L a. Cau.in. -/an * Company ol the
E.tii, . ,f ‘o. .i/.0.u at « io.iii,|. held o.
K »lb da* - I in-. „m, ~U , „.,d ~.,0
> M b . .' ►• '
. sub- c. u l *. fn-ii u. s .-etc «ui law for
(hat s'- ll.fc annual mwing ol #«•/• a
Aopitic .1 Sa.-l . ornpany to ls> herd Jan-uiy
i i JB2B ul 12 o', pn-ir boon at the -.lfpe
•it 1 J**; ‘
D ' w - ■ ■ if -b.
I **!*' of M i - Olnpa.,/ S>. as to .ib i.d in
b 1.. b ‘ i Ole Ihe ma/.i.g of in. nan-.
on e. in* .-, . i,c non, amt ail Uin ta nl
hu■. lira amt b'.uu i.-N-J fm nil oiu and olh
b»o oil* e/a, l,a" i-.ee Ol duomcl; I// Wind
Si. -n, OM or bunado wifi t* luaen op
for .•. ■ o.i r iU.... am) <i.« »n.-c i.-.i.p . . .... j
E> v -' e lor a * SO. illoie a .ll.ojl/b,s su-b j
•mv u f I'jU/iFi. t
H IU It Ji |
'! ho • » r IMih'iifOE
, JGHN ' Vgol
» JAMB- A
WAlyri'X '/ff X PIlA* k
GUY 1 Si X-f Alti'
El'.(A !* X /.X Mf'.li j
J.'.l 1 • HAil/iG
a h ia i l< i. j imp
JCi? A fiXl-filltl Jr.
A M- F.X '-/ 1
» H/ > A '/ft ft Y
fi fIH f m v. r.M
M* i<j<ls E MAf'fJrW i
m,.-.* • n - ly of ms 1
Bosid of X. -«wm *
made in 1904. The includes foreign
embassies ami legations, churohes anil
educational and charitable institutions.
United States Holdings $170,000,000.
I The value of tlte untaxed property
j of the Federal Government in Wash
! ington is estimated to ho $470,000,000,
ito which must lie added $50,000,000
! worth of city government property,
i rite Federal building program, already
j authorized, ealis lor an expenditure of
1 $50,000,000 for new buildings here,
i with an almost certain increase of
; $25,000,000 in immediate prosjiect, in
i oiR • to provide for the purchase of
| the triangle between l’ennsylvania
i avenue and the Mali.
Within the next decade it is pre
i dieted that additional Federal build
ings will be authorized by Congress to
house Government departnufhts and
(activities, which may add more than
i $100,000,000 to tli© building program
j in Washington.
How the value of real estate in
| Washington has grown in recent years
j Is shown by the assessment figures,
j which average above 00 per cent of
| the actual selling value. For the fis
j cal years which ended June 30 last
j the assessed value of land was $400,-
j 552.739 and the assessed value of im
provements was $545,484,703, or a to
tal of $84fi.367V.42. For the previous
year land and ‘Gildings were assessed
at $900,749,84! ,
The value of new buildings and ad
ditions added for the fiscal year 1927 8
I amounted to $47,470,300.
Federal Urogram.
Among the Federal buildings already
j authorized and either under way or
| about to be started are the following:
i Administrative building for the De
; partment of Agriculture, $2,000,000;
i extensible building for the same de
; partment, $5,750,000; Department of
i Commerce, $10,000,000; Archives liuild
! ing. $6,900,000; addition to the Govern
i ment Printing Office. $1,250,000; Inter
-1 nal Revenue Building, $7,950,000, and
an addition to the Liberty Loan Build
ing. $375,000.
Congress is expected this Winter to
increase the cost of some of these
structures materially. The authorized
cost of the building for the Depart
ment of Commerce, for instance, will
probably lie boosted from $10,000,u00
to $ 17,000,000.
Some other new structures to be
SPECIAL NOTICES.
NOTICE IS HEREBY GIVEN" THAT I WILI
he responsible tor debts only when create.
by me personally. WILLIAM H. SHIRK. 7*
STOCK HOLDERS’ MEET] NgT
Th* annual meeting ol the stockholders
of the Norfolk & Washing-ton. D. 0. Steam
boat Company will t>e held at the general
otti.es of the company. 1120 7th st. *.w
Washington. D. c\. Thursday. February «,
1028. at 12 o'clock noon, sharp for the
election of directors for the ensuing year,
and for any other business that mav legally
come before the meeting. Transfer iaicks
will be closed -anuaiy 30th. 1928. to Febru
ary tlth. 1928. tiK-lueive.
C. F. NORMENT. Jr .
Secretary.
MOVING TO SOME OTHER CITYt
Get our return load rate* X'uli and part
load shipments to Philadelphia. New York
Boston. Pittsburgh. Richmond and way
points. Special rates. Phone Main 14« o
NATIONAL DELIVERY ASSOCIATION. Inc
WASHINGTON. D. C.. January 1. 1928.
We. the president and the majority of the
trustees of the Columbia Title llisuram-e
Company of the District of Columbia do here
by certify that the capital stock of -aid
company is j 150.000, and is ltilly paid up
and that there are no debts of said company,
except current expenses.
JAMES J. BECKER President.
EDGAR M. MAYNK
W SPENCER ARMSTRONG.
CHARLES J BELL.
EDW ARD STELLWAGEN.
JAMES B. NICHOLSON.
ALLEN C. CLARK.
WILLIAM J FLaTHER. Jr..
. JAMES J. BECKER. Trustees.
I. Edward S. McSnew. axel, m-.-retary of
the Columbia Title Insurance Company of the
District of Columbia, do solemnly swear that
the facts contained In foregoi/ur ccrtlfleate.
are true to the best of my- knowledge and
belief. EDWARD S. MoKNEW.
As«t Secretary.
Su v ««-rjle-vi and sworn to tk-furo me tin*
3rd day of January a D. 1928,
HARRY J KAN'fc. Jr..
-sary !* -■- 1J D C
THE ANNUAL MEETING OK THE sfOClT
holders of the Home Plate <• ! i-s Insurance
Company of the City of Washington for the
eleitson of trustee* will le held al the offi.e
of the company. No. 018 X* St N.W, Na
tienal Union Building on Wednesday. Jan
uary 18. 1928. at 1:50 o’clock p.m. Poll*
open from ” to 2 30 o’, loek p m
W’M. II SOMERVELL Secretary
PIANO—YOUR CHILDREN TAUGHT PIANO
in their home b.v an accomplished young
la.lv who has stndic.l abroad under several
masters. Reasonable rates Phone between fl
and 10 p.m.. Miss ROLLER, Col. 599(1. lor
interview
Executive Secretary
Can you use a companionable yet efficient
secretary. 32 years old. Protestant single
and free to travel* Ten years' experience:
last three years assistant manager large es
tate sound record and character. Refer
ei-e-es from well known business men Im
mediately available. Address Box 20b X.
Star offi'-e 7*
I NEVER DISAPPOINT
BYRON S. ADAMS
PRINTING
IN A HURRY
High grade, hut not high prf'ad.
Wanted—To Briny Back
—• load of furniture from Boston New
York Philadelphia t-> Washington
SMITH S TRANSFER A STORAGE CO
1313 You st N.w. North 3343
READY FOR YOUR
1923 PRINTING NEF.DS
At th# Million Dollar Printing
Pi ant.
The National Capital Press
1210 1212 D Bt NW Phone M «5(l
HOW'S THAT ROOF?
Itetier i.e sure it !« leak proof 1 e-fore r*ln
•now and elect
Ironclad Roofing Co.
oth and Evans Sts N E
Phones North 2<) North 27
We «f<« torn--
On a Mattress
We final's die—
lei os keen yonrs In »o.«l coodition by
reno vat loti Inteirsi is paid on the onesi
‘pent e-erg night
BEDELL'S FACTORY.
M»u. 8381, ni« X; 81 N.W
Federal Power Commission.
In <ofnplifirHe with the l ; <*d
crul Wafer Power Act • II Slat
P/.D noli' ** is ticf'liy (<ivcii that
the South Branch Power Pom
{/any, ol West Virginia, having
if s olh< in Pliilailclphia, Pa ,
has filed an arnt'iidim-nt so its
application for a preliminary
permit for a water power dc
vclopnicnt on tin- f'a<;ipon Bivci
and S</iiflt Brandi of Poioma*
Pivcr so as so cnlarj/c flic pro)
ci f so mi hide the ion -1 ni< fi< j|i
of dams and sforajm reservoirs
as Bfo' I s fj.ip, Va ; I dcs hors.
P*i»-rsl.nri/ and ‘ pimoln ld. W
Va , .and dams and powei Imnscs
at ( ham Bridpcand f/n a! Falls,
near Washington, D Any
j /hjcifion so si!'li a| /pia ation or
j fc'jticsf for a hcaiinp fliciaon
| fop» thef with any hurls, icpoil.s
;or other data for whi'h con
j sidct at ion is <h iii<), should l-c
J snl/Uiif»< d lo fin- f'xciiltlvf* See
iifaiy, I’c'hnal I'/jwci ( olnmts
ion,
I :V
Included In the present program are
buildings for the Supreme Court ol
the United States, Department of Juh
1 tire. Department oi Labor, General
i Accounting Office. Interstate Com
inoree Commission -nd Independent
otfiecs. It was or tlnaily intended
that all of these str etiires should be
l paid for out of the $ >o,<H>o.m>o already
1 authorized by Cong ess, but it Is now
expected that the total authorization
will be substantia-ly increased before
the buildings are completed. The
work on the buildings will probably
be continued for the next 10 years,
according to the present outlook.
Kmploymont and general business
conditions here will be materially irn
-1 proved as these gem it building proj
-1 eels go forward, in the opinion of lo
• cal busim ss men. Work lias already
been started for the administrative
building of the Department of Agrieul
• ture and for the buildings for the
- Commerce Department and Internal
. lit-venue Bureau. The two story ad-
I dition on top of the Liberty Loan
. Building is nearly finished.
Conservatism Is Keynote.
. Conservatism is the keynote of pri
ll vate building operations here today,
i Purely speculative operations have
f \ irtuaily ceased. Builders are slowing
i down their enterprises to permit the
natural growth in population to catch
up with the physical development of
the community, which went ahead
> with such unusual rapidity during
1 1925 and 1926. The volume of build
i ing during the first 11 months of 1927
i was considerable, reaching a total
value of $34,321,450, but this was a
i great deal below the $61,000,000 of the
s corresponding period of 1926.
Real estate men report that this
- slowing down in building, especially
. tite elimination of purely speculative
operations, is having the effect of
. strengthening confidence in the value
. and stability of local real estate invest
ments. At the same time, ample pro
t vision is being made for the present
[ and future needs of the city.
Officers of the Washington Real Es
. tate Board take an optimistic view of
; the situation. James P. Schick, execu
tive secretary of the board, points to
the fact that Washington grows stead
ily at the rate of from 11,000 to 15.000
. : persons a yoai* as shown by populu
. lion figures covering many years.
“Figuring four persons to the fam
ily," says Mr. Schick, “tiie.se figures
! would indicate a growth in our popula
\ tion of from 3,000 to 3,500 families
- every year, which would require that
_ there be added to the supply that
many new dwelling units each year,
’ either in houses or apartments. It is
j more startling to state that this means
that 10 or more new units must be
completed for each working day in the
( year to take care of the normal in
, crease in population. These figures do
. not take into consideration the units
which are lost to use each year
. through depreciation and obsolescence,
i When these facts are taken into con
sideration they make the required
, number still higher.
Kslimate Is Conservative.
“Some days ago I checked up these
figures with a prominent business
- man who is exceedingly well informed
on these matters. He placed the num
' her of new units required annually at
i 4,500 instead of 3,000, so it would ap
pear that my iigures are on the con
; servative side.
"Statistics compiled in the office of
the board since last Spring show that
; for the last seven months more than
9,490 deeds have been recorded, an
average of 1.356 a month. Taking out
of the calculations deeds filed under
t foreclosure proceedings and for the
purpose of correcting defects in title,
it will safely leave 1,250 a month
which indicate sales or exchanges.
These facts, therefore, show that there
are 50 real estate transactions con
summated for each working day.
"Making another analysis of these
same figures, it is shown that on the
present market, . itich Is regarded as
depressed, wo have 15,000 deals a year,
which, divided into a population of
550,000, or 137,500 families, gives us a
deal for each nine families, or for each
36 persons. It strikes me that this
shows a pretty live community, so far
as real estate is concerned."
During the last seven months a
total of aliout $79,000,000 has been
loaned on Washington real estate se
cured by first mortgages. Os this
amount large life insurance companies
have loaned about 22 tier cent. This
is looked upon as evidence of faith on
the part of these large out-of-town In
vestors in the stability of values in
Washington property. Life insurance
first mortgage loans for the last seven
months aggregate $17,500,000.
Foreclosures Held Few.
Advertised foreclosures during the
last seven months under first mort
gages total 136, which is about 2 per
cent of the first mortgages recorded.
Many foreclosures are advertised
which never go to sale, settlement of
the claims being made before the time
of tho sates. Many foreclosures are
doubtless advertised also for the pur
pose of correcting defects in titles and
for otherjgeosons, and It Is believed by
real estate men that IV/ j»er cent is a
conservative figure as to the number
of foreclosures under first mortgages,
CORCORAN COURTS
23d and D Sts. N.W.
“Close to Downtown”
Wl.r ofM-iKi itis hours rtJlng to office when
you faii live in HlM**
De Luxe Apartments
-it nmik-r/ite r<*n|!il>. la* low •» s.iftt with
oiiUHtial service, attrie-tivn lobby. 2 fust eie
»»:;! plenty «I beet ami tint water
< -i!i the ll- .oleul Manaj/er. Mmo 100.20 tor
l'hun'ied > A|!ai'Vinenu >< ln M |he U ‘° '
CAFRITZ
14th and K M. 9080
DAILY
DAIRY KTTES
No. 28
llelivfa
CTRINDBKRO, tlir
! playwright, always
h«’!icvt*'| hr* was a tnor
| tally ill man. Ihe doc
tor* at the deathbed of
f liarlen II believed a
potion mixed from ifie
dust of jjeins would
«tire him, To believe we
ate ill may not make us
actually so to believe
we are healthy will not
1 1 uly arm us with well
briii}'’ unless we up!
Nature, Ihe belief that
to <1 ritil t lies nut harm »
Milk at every meal will
fortify us ' mifelrliiliiiii
ally f«/i longer periods of
health is founded on Nat
ural I .aw. < he s t nut
I* a i m s Milk has the
hiphest rat mp by the
Inst i i' t us < olumhi.i
I h alth I) eparl mr n )
"The Knowing Mothei
Will 11 a v»* No t n bet /'
S&Mtnui^tarma
tykwH[>
I'OIOMAI 4IMNI
I'j jtnu Ave. si 201 Ii /SI N \V,
\p. Washington, n. r, thhi’Shaw ,r * ;;r.*i;V io*?a
a which would Indicate a fine ‘‘moral
r risk" with respect to local borrower*,
i These Oku res do not Include the bond
t Issues on large properties, which have
i been used by some local bond houses,
t Statistics compiled by local busim as
J and trade otganizatlons show that f>3
e per cent of Washingtons population
,• is painfully employed, or about 250,000,
v which Is a larger proportion than Is
a found In any State in the Union,
e 1 About 70.000 of these gainfully em
e ployed men and women depend di
v rectly on the Government for their
i, livelihood, and tho remaining ISO,OOO
are employed in various local aetivl -
s tics, including manufacturing, trails
- portation, trades, public service, pro
* sessions. domestic and personal serv-
I- lee and clerical work.
Hanks and building nnd loan asso
e» ciations In the District had aggregate
assets at the end of the fiscal year
* June 30. 1027. of $300,013,000, com
l pared with $351,438,000 on the same
- day in 1020. according to the report
i of J. W. Mclntosh, controller of the
currency, made public a few days ago.
The combined capital of these 05 bank
ing associations was $24,451,000, an
increase of $307,000 over the preceding
■ year. The individual deposits of $285,-
* 211,000 were greater by $16,540,000.
: Aggregate of net earnings and recov
* ories in the year of $2,761,000, less '
i losses and depreciation charged off, ,
f resulted in a net addition to profits
1 of $2,209,000.
Postal Receipts Gain.
’ Postal receipts have always been
1 considered as an accurate barometer (
* of business conditions. The records (
of tiie Post Oflice Department show a ,
’ steady upward climb in the gross re- (
' ceijits of the Washington post office i
! for postage. In 1912 the aggregate j
1 was $1,662,064. In the year that the ,
5 United States entered the World War, (
' 1917, it was $2,197,346. The next year |
' it jumped to $3,085,093. Local postal
t receipts passed the $4,000,000 mark in ■
1923, with a total of $4,154,716. They i
were $5,414,155 in 1926, and June 30, ]
f 1927, they ha<* reached a total for the (
' fiscal year of $5,730,674. I
’ The receipts 5- tho local post office ]
' in November last were $510,011. This f
* was nearly $5,000 hotter than in the i
‘ month of November, 1926, and an in
crease of more than 13 per cent over :
the receipts for November, 1925. i
s Since 1912 the balance to the credit
' of local depositors In tho postal sav-1.
s ings bank has increased from $114,008 i
t a
[ 11 'Wist 'Brothers
\ | I Chevy Chase j|
| : ijs Daisy 1
j |
I’ 1 * i
/ Tailor-Made Shades t }
$ —at — \ \
✓ Factory Prices } J
5 H, \
t Specify Tontine Shade Cloth— /
£ It’a Waterproof!
* t 830 IJth St. N.W. Main 4874-8552 **Vl <
{ 1 "U i
m W RTOKKM MAMMONS. froiirMor £
I
I the argonne !
On Columbia Road at 16th Street
Delightful Apartments
1
A few desirable apartments are available in this new
mammoth fireproof building, located in an environment
appealing to those of refuted taste those who value the
inlluenee of surroundings. Convenient to markets and
stores, served by the best transportation facilities.
These apartments are open far your inspectian day
and evemntj,
THE ARGONNE
||
Announcing .
r I’I IB association of Mr. Albert
Schneider with the Evening School n
Faculty of Hie Washington St bool for
Secretarie*. Mr. Schneider will teach a
#pec iid speed class f«»r those dcsiting to r i ~*
(|tialily us professional repoiters. Ilia
Impressive record spruls lor itself:
1918 Won Metropolitan % hool ChanipUmthlp,
Mew Yoik
1920 Won I'lofraslttnal Shotthand I hatnpUm
•hip of (Its Southwest
1921 Wort Wo. Id Prof •••tonal Shoo hand
1 hainplonthlp
1928 Soil hold* world’* •tturacy retold •( 179
slid 211 w. p. ni, *0111! matter.
Tim Wabiiincjton School for SurwrrAitiiia
Transportation llhl||. Main 2480 | ?tU «nd II Jita.
I 1— 1
to $368,609. which was the total Jun*
30 last. Last year's deposits were
'>3,500 greater than those of 1926
Increased employment In the Dm
trlct during the Winter Is foreshad
owed in reports to the United States
Employment Service In connection
with the enhanced activity In the re
tail stores of tho city. The demand
for hotel workers Is also increasing,
Ibiiid cir operations are not yet exten
sive enough to absorb ail resident
building tradesmen, but with the prog
cess of the Federal building program
it is believed by local business men
that this temporary condition will
soon be overcome. A surplus of cleri
cal heli) still exists, hut nearby railroad
construction work is offering employ
ment to unskilled laborers.
JEWISH CENTER TEAMS
NEAR CLOSE OF CAMPAIGN
Enrollment Council Meets Tonight.
Three Societies Hold
Luncheon.
With the drive for members sched
uled to end Sunday, a meeting of the
enrollment council of the Jewish Com
munity Center will be held tonight to
formulate plans to stimulate workers
for tiie closing days of the campaign.
A luncheon for members of the
Council of Jewish Women, tiie Hadas
sah and the Sixth Street Synagogue
Sisterhood, was held yesterday at the
center. The presidents of these socie
ties acted as hostesses and encourag
ing reports on the progress of tho
drive were read. Louis 10. Spiegler,
chairman of tho enrollment council,
presided.
Preparations are being made for a
"Stunts Night” Sunday as a feature
<•; the closing of the drive. Julius
Eanet, chairman of the committee in
charge, announces that the affair will
be open to the public. Two one-act
plays, one by the Junior Hadnssnh
and the other by the Comic Thespians
of the center, will be presented.
Tomorrow night will*he celebrated
as "Center night" in the local syna
gogues.
The annual election of officers of the
center \vlll take place Tuesday eve
ning.
? iji
|! MORE BIG VALUES Atifo
1 1: VALUES. VALUES. VALUES \g| j |
An endless array always to be found at the familiar
Ijij A&P Store. Get the A&P habit ... greater value and fFwHE3E UQMCMY RUES'* it
j j goodness are assured you. SSmmmme^iismmSmsmsJi
j!|! ;
I SPECIAL FOR THE WEEK END j;
Sugar Cured Small Lean Fancy Strip
HAMS CALAS BACON
Lb - 21c Lb - 14c Lb - 21c
, j j Regular Price, 25c lb. Regular Price, 20c lb. Regular Price, 25c lb.
! I ——■ -■—!}
: ! [F |r— / =, l
Special Until Special for the Week End . Special Until
SaturdayQ M.m Saturday,
clo,ing tfjunnytfeul cu,
ASTOR ADecidHuyZZ DUZ
RICE BUTTER ZZZ.
Nutritious—Healthful Cleans
Clean, White Exceptional flavor and the best Whitens
R ; ce quality money can buy. Sterilize.
In C\ *eg.
3 pkgs 2oc Prim* Lb- OoC su Vb. 3 Pkg, -2Gc
U =- ;; ;
Special for the Week End Special Until Saturday’s Closing
PURE LARD rnuATnuc »
Carton or Bulk 1(J MA I\J LiO
1
! r~ j i
j| OPEN TOMORROW w ’ Arcade Market ** |
Another New Combination To a •'» n* w section Just
- _ _ _ Recently Added
Grocery and Meat Market All alteration, have been completed, and
j out Hand can be immediately recogniied by jiji
!i! at the RED FRONT characteristic of all A&P
t>| w _ •tor,,. The interior ha, been finished in
¥ A/lA white enamel and harmonise, with that of
JLaUUldj IVA Cf • th, market. When out shopping thi, week
end be eare to drop by and inspect oar new
On Main St. N.rt to Laurel Pharmacy %gZg J« “S
--■j 1 l
|i| A&P Oven Baked Bean, can. SV 3 c | Navy Pea Beans .3 lbs., 25c
:j Campbell’s Beans. . .can, 10c Dried Lima Beans. . .lb., 10c 1
V. C. Bean Hole Beans, .can, 12\ f 2 c Blue Rose Rice lb., 7Vzc ’•}
su*uyge&C j
! PANCAKE BUCKWHEA'i I
Serve »7» J T T Tk A Delicious
Steaming ft t fJ IJ If Healthful
Hot J x-» KJ MX Breakfast Dish ,
The very finest ingredients—perfectly balanced and mixed insuring the
J best of griddle cakes.
Special n n f* Regular
This Week Js iRgS• Zfyf* Price
Only U d 10c Pkg.
I ||| Karo B . L . Syrup . . s " ,H r:ln 12c Sultana Maple 81. Syrup i % " 14c
1 Golden Crown Syrup Sm I~n 9c Log Cabin Maple Syrup "" 27c
i| Golden Cr. Syrup No <an 17c Brer Rabbit Molasses Sm t !in 14c
111
MELLO ! | Old Mill Water Ground A&P Sr.:nj
| CORN MEAL : Mac l roni :
: p .j } „;f'’ JJf l'"' 2?c; Spaghetti
J.; o?p%. 15c I 35c ’ M Pkg., Sc
A|| ' V 'm-
I F didt iWarhtr Specials! 'VP
;ii f j . ■ . *
Fresh Killed Prime Rib j Fre'h Killed
Roasting Chicken Roast Beet Stewing Chicken
I { Lb.. 39c »; Lb.. 33c i Lb.. 33c
t i! ' tL. ** . .... ... ...
—■ % ■ - - - ■
IVA* have niUi/c’ un exceptionally good purchase of a large quantity
of the finest quality choice l amb that can be had and as i$ our policy
always , we are pass'.n& the savings along to our customers through
the following specials.
Fancy Choice Leg of Lamb lb., 2Sc
■tj Lamb Chops ,»!“»“<. lb., 49c Shoulder Lamb Chops ...lb., 29c
j j Lean Stewing Lamb lb., 15c Shoulder Lamb Roast lb.. 25c
Fresh Fish Fresh Ground 8eef ...... .1b., 25c
Fillet of Haddock lb., 28c Lean Stewing Beef ,Ib., 17c
Salmon Trout lb., 30c Lean t\nk Chops lb., 25c
ij Croakers lb., 15c Veal or Lamb Baddies. .., .lb., 35c
Sliced Halibut ,lb.. 35c Phila. Stvle Scrapple lb., 18c
j Sliced Salmon .lb., 35c blew Pack Sauerkraut. , ,qt., 12 x *e
Spanish Mackerel lb., 28c Cwked Hominy qt., 12c
j Salt Water Oysters . . . Pint, 35c; Quart, 65c |
3