Evening star. [volume], May 23, 1936, Image 33

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

Image provided by: Library of Congress, Washington, DC

                
flew Yorker Sees Special
Benefit to Durable Goods
, Industry.
Hie building industry Is showing
| A definite upturn everywhere, accord
ing to J. Howard Ardrey, formerly
vice-president and director of the
National Bank of Commerce and the
Guaranty Trust Co. of New York. In
addition to other benefits which this
has brought, is the fact that the
durable goods industries have been
immensely stimulated and hundreds
of millions of dollars of private capital
have been put into circulation.
k Mr. Ardrey, now assistant to the
Federal Housing Administrator, has
just returned from a trip to the
Pacific Coast. It included visits to
every important financial center in
that and other sections. He conferred
u-itVi rvf financial 1nst.it.llt.trmR
and leaders In the real estate and
mortgage fields and says that every
where the new mortgage system,
which provides tor self-amortizing
mortgages over long periods up to
20 years, is being generally adopted
by mortgage institutions whether they
are doing business under the Federal
Housing Administration plan or In
dependently.
The significance of this, says Mr.
Ardrey. lies in the fact that long
term mortgages are rapidly displacing
the old short term paper and at the
same time wiping out the expensive
and burdensome system of secondary
financing, thus maiding it almost im
possible for the country ever again
to have to face such a situation as
developed in 1929 and 1930 when the
mortgage structure almost entirely
WtlU HllUUUHliUU U4 44V/444V
owners lost everything they had.
The insured mortgage system pro
vided for under the national housing
act is being generally adopted by
home owners, building constructors,
mortgage and real estate men and
financial institutions throughout the
country, Mr. Ardrey found, and its
operatian has stimulated the con
struction industry and provided em
ployment for thousands of men and
women.
“Wherever one goes around the
country these days," said Mr. Ardrey,
"he finds an immensely improved
frame of mind and this is based
largely on the steady advances being
made in the construction industry,
i "Real estate, long a drug on the
market, is again assuming its true
value, and I believe that the present
Spring season will see a residential
building upswing that will be country
wide. This renewed faith in real
estate has been built largely on the
new mortgage system which permits
a home owner to pay off his mortgage
out of his current income. The old
•ystem of payinflnteresU and renew
ing over and over again seems to have
Ml f'O* IIM * U* £ UV/V4 -
“The advantage which the banks
have found in the new system lies in
a number of things. The impartial
appraisal of properties made by the
Federal Housing Administration helps
to a more accurate determination of
the real value of a bank's existing
mortgage assets. The refunding of
present mortgages takes them from
under the moratoria laws. Making
them current obligations subject to
ready sale as insured mortgages.
While held in the portfolios of banks.
Insured mortgages, upon default and
foreclosure may be converted into
debentures bearing three per cent
Interest and guaranteed as to princi
pal and interest by the United States
Government.
“In addition, insured mortgages
have liquidity not inherent in other
mortgages and an open market exists
for them through investment bank
ing houses and other approved mort
gages, which includes commercial and
savings banks, life and fire insurance
fampanies, building and loan associa
tions, foundations, trusts, and individ
uals through living trusts adminis
tered by banks and trust companies.
Mortgagees can also sell to the Re
construction Finance Corporation
Mortgage Co. insured mortgages on
new construction begun on or after
April 1, 1935, and in addition, in
jured mortgages are eligible as
•ecurity for public deposits in many
States, are accepted as preferred
collateral in seasonal borrowings from
bank correspondents and are eligible
A' collateral at Federal Reserve banks.
"Home owners and those desirous
Of building homes for themselves have
everywhere learned that an insured
mortgage is evidence that their in
vestment is economically sound and
that in new construction they are
assured of the use of the best and
most lasting building materials,
•ound construction and favorable
neighborhood environments. The
campaign of education which the
Federal Housing Administration has
carried on has taught them these
things and is a definite factor In the
•cceptance of this new order,"
Ultra-Modern Kitchen
Combined With
Steel Frame Windows, Screened
and Caulked; Concrete Porch,
Iron Railing; Weather-Stripped
Doors, Furred Walls, Cedar
Closets, Tiled Bath, Full Base
ment, Hardwood Floors, Insu
lated Sheetrock on Ceiling make
this
i 6-room, All Brick Home i
The Best Value in Washington at
$6,25000
Permanent Financing
We Renewal Fees
1428 18th Place S.E.
TO REACH
Out Penn. A ve. to Minnesota
\ A ve., right to 19th St., right ta
P St., left to home.
Open Daily and Sunday j
Representative on Premises
' Adjacent to Anacostia Park, !
Schools, Shopping and Trans
; ' portation.
Arranged for Two Families
! SPIELER & SCHNEIDER
Lincoln 9653 18th PI. and P St. S.E.
ONLY ONE LEFT
Small Apartment Purchased
Apartment at 3126 Sixteenth street, which has been sold
by the Union Trust Co., to a local investor through the office
of F. Eliot Middleton, realtor. There are 16 units in the build
ing, tvhich has an appraised value of $50,000 —Star Staff Photo.
BY J. W. WELLINGTON.
HOME gardeners have had the
opportunity in the last few
years of observing the crea
tion of entirely new types of
nasturtiums. Less than a decade ago
there were only single-flowered
nasturtiums of either the dwarf or
the climbing type. Now one has only
to pick up a flower catalogue to note
the glowing descriptions of the new
double-flowered and more fragrant
varieties. There is a wonderful future
ahead for the nasturtium once the
double-flowered forms are fully estab
lished, but during the past two or
three years, there has been a lot of
questionable seed foisted on home
gardeners. The double-flowering
character has not been fully stabilized
in some growers' stocks and, as a re
sult, some gardeners have been deeply
disappointed in finding many single
plants in their supposedly all double
seed. However, this situation prom
ises to be remedied shortly, and was
due to an anxiety on the part of the
seed growers to cash in on the popular
demand for double nasturtiums.
The nasturtium is of the easiest
culture and is one plant that does
better in soil of medium fertility. The
principal difficulty in growing nas
turtiums Is the black aphid which
loves the soft, tender growth. Pyre
thrum or nicotine eprayi or dust*
should check this insect. The nas
turtium is sometimes known is Indian
cress and the leaves are edible, having
the pungent flaver of the true water
cress. Yet it is only as a flowering
plant that the nasturtium Is likely
to And a place in the garden. Just as
soon as the doubled-flowered forms
become constant, their future is
assured.
The Iris Borer.
EXTENSION Bulletin 324 of CJorn
*“* nell University, entitled ."The
Bearded Iris.’’ contains an Interesting
account of the culture of the common
garden Iris and of ways and meani
of combatting its Insect and plant
disease pests. The worst insect enemy
is said to be the iris borer and many
local home gardeners will agree read
ily. The insect is now making prog
ress in the leaves, but it is in August
that the greatest haiard occur*, when
the borers have become full sUed and
have reached the fleshy rootstocks.
Iris plants should be carefully watched
during the Summer month* and, if
borers are found, the plants should
be dug, the borers removed and the
plants, after cleaning, be reset in
freshly worked soil. The Cornell
investigators found that the moths,
which appear in September, lay their
eggs on dead leaves and debris,
making highly desirable the cleaning
up of the garden In late Autumn,
Methods of spraying are being devel
oped whereby the plants can be sprayed
in April with arsenate of lead so u
to kill the tiny borers when they climb
the Iris leaves and chew holes tc
enter. The difficulty Is to make thi
spray stick to the glassy surface.
Iris beds that have become too thick
seem to be especially susceptible tc
d lease and Insects and In June or
July should be renovated, and the
weak and surplus stock discarded and
the new plants set 18 or 18 lnchei
apart.
His American Holly.
pOR a small tree to adorn the home
place, one would have to seek
far to find anything better than the
native holly, especially the female
form that bears red berries that art
so greatly admired at the Ghristmai
season. Being native to the region
one does not need to worry about
adaptability or Winter hardiness, and,
being a native of the deep woods, thi
holly will endure cheerfully partla
shade. One would not advise goini
out to the woods and digging up i
tree, for such trees are difficult tc
transplant.
Nursery trees that have been moved
once or twice when young are much
more likely to live. In addition, on*
can be assured thst he Is securing a
berry producing tree. The holly Is a
difficult species to propagate. Seeds
planted one Spring do not germinate
until the following year and the seed
Ilnffg arm ilnur tn Waualnn
Like many of the other evergreens,
It pays better to secure a rathei
sizeable plant in the beginning. The
holly U disappearing from the woods,
due to its slow propagation and reck
less exploitation as & holiday green.
To replace this loss, it should be more
generally planted in the home grounds,
preferably in clumps of two or more
trees, one of which should be male to
provide pollen for the berry-bearing
forms. There are few trees which will
return greater pride and satisfaction
to the home owner.
Garden Equipment.
A PTER all, it is the gardener him
self and not fancy equipment that
insures a nice garden. Yet there are
many labor-saving devices that will
help to relieve the gardening opera
tion* of some of the drudgery. In the
fairly large garden, a wheel hoe, equip
ped also with a small plow for open
ing furrows, will prove a great labor
saver. One can utilise the weight ol
the whole body in pushing such an
implement and cover much more
ground in a brief period. There it
also a pull hoe, with three or more
cultivator teeth, that is a real help in
the amaller garden. For edging beds
and cutting grass along the edge ol
concrete walks, there is a stralght
bladed device with a long handle that
enables working without much bend
lng. This implement will help keep
the walk* looking neat and attractive.
Spraying and dusting are. relatively
heavy tasks in the home garden as
compared with gas driven equipment
in the commercial orchard. Dusting
Is a considerably easier task than
spraying and nearly as effective. Dr.
Corey of the University of Mary
land made the happy suggestion that
Mason fruit jars could at convenient
times be filled with sulphur or other
dusts and then in a few moments be
applied to the plants when needed.
Apparently, with a little planning and
moderate expenditure, the home gar
dener may lighten the burden of car
ing for the garden during the hot
days to corns.
Mack Spot Control.
COME rose growers apply as many
^ as 18 or 17 applications of dust
to their roses in a single year in an
effort to secure control of black spot,
the fungous nemesis of the bush rose.
Even with this strenuous campaign,
there la no fuil assurance of complete
success, but the figures are presented
to show the necessity of continuous
effort. Fortunately, the materials are
not expensive, namely, very finely
divided sulphur. Pr. Massey of Cornell
Univenity, who is credited with de
veloping the use of sulphur dust, nine
parts, and arsenate of lead, one part,
states that the arsenate of lead 1s not
entirely necessary In black spot con
trol, but assists In making a better
flowing dust and also as a killer of
any leaf-eating insects that may ap
pear. The best time to apply dusts of
any kind is just before a rain because
It is in the moist, wet water film that
the fungus thrives. Six hours is
adequate for the spores to germinate
and enter the leaf, hence the neces
sity of having the sulphur on the
leaves before the rain. Very finely
divided sulphur particles adhere better
and are better dispersed than coarser
grades. Many garden supply stores
carry dusting sulphur and equipment
suitable for rose treatment.
rPHE rock upon which many a suc
1 cessful home garden la built is
the compost pile of old leaves mixed i
with poultry manure or chemical 1
fertilisers or both. As the leaves de- «
cay, they turn into a black mass of 1
humus that Is very useful for mixing <
with soil. Unfortunately, the small 1
eity garden has no space to spare •
for such a soil Improvement program,
but, in the large' suburban garden,
there la usually some spot whera
leaves may be piled in Autumn. Leaves
are of no value until thoroughly rotted
and, in fact, harmful because they
interfere with water movement in ths
soil and make use of some of the
nutrients in their own decomposition.
Once broken down into loose black
mold, leaves become a very useful
source of fertility.
One way to maka a good compost is j
to pile up alternate layers of sod and
manure and later spade or fork the i
mass over into a uniform mixture.
The rotted grass roots take the place |
of the leaves and one has a splendid
potting soil. Borne writers urge ths
placing of old flower stalks in the
compost heap but this is a little dan- 1
gerous because this debris may har
bor insects or plant disease. It is bet
ter to burn the garden debris in Au
tumn. Shade tree leaves are nearly
free of these hasards.
Club Notts.
rT'HB TAKOMA HORTICULTURAL
CLUB announces thst the an
nual Rose and Peony Shows will be
held Jointly at the Takoma Public
Library, Fifth and Cedar streets, on
Wednesday and Thursday, May 27
and 28.
In co-operation with the American
Rose Society, silver and bronze medals
will be awarded to class winners in the
oee show. Admission to the show
i free and all non-members of the
lub are eligible to place entries. Any
nquiries concerning the show may be
iddressed to Col. William H. Eng
end, 1344 Iris street.
load TJiei Bail Tunnel.
One of the longest highway tunnel*
in the world, the Busk-Ivanhoe, near
Leadvllle, Colo , originally wu con
I itructed for railroad uae.
Today . . . See This Wonderful
NEW COLONIAL BRICK HOME
in Dahlia Terrace
HOME1 6916 Eighth St. N.W. £BEV
Beautifully FurnieheJ by HILDA MILLER
A BEAUTIFUL new brick detached home with ... 7 larae room* . . .
3 complete baths . . . modern electric heal’h kitchen . . . recreation
room with panelled walls ... 3 fine bedrooms . . . home has iurred
walls, is weather-stripped, screened and has slat* roof, larae land
scaped lot aaratt. TWO OTHER HOMES ALSO OP*N TOR YOUR
INSPECTION.
DRIVE OUT NOW!
Georgia Are. to Butternut St., turn right ong
1 block to Ith and left to hornet.
Tower Dls.
Built by Bidg. nnamanj 3100
HARRY
PORETSKY
Unsurpassed Value
-- ■ ■ - — a
2934 McKinley St. N.W.
Chevy Chase. D. C.
A perfectly lovely all-brick home on a beautiful lot—• very
large rooms and two full baths—living porch and sleeping porch,
full attic, insulated, garage; slate roof—electric kitchen and re*
frigeration—breakfast nook—Quiet May Oil Burner—play room.
Thit it a mott exceptional homo on • tplendid lot in « Uno
neighborhood—$ 11,250.
Phillips & Canby, Inc.
Nat. 4600 1012 15th St.
mmmmmm^umm1—mmmmvmmmmmmmmammi^mmmmmmm
STEP OUT
FROM
THE CROWD
BUILD HOMES
^SATISFY
New 6-Room
Home
Living room, 11x23; open fire
place; h.w. heat; tile bath; at
tractive kitchen; porches, lot,
00x280, i
$5,750
Termi
W. A. HITT
Beeend kouco back of Gee Station,
corner Marlboro Pika and Buillaaa
Boad.
3313 llth PLACE S.E.
,150 00
Most appealing is this brand-new home at
ths unbelievable low price—showing for a few
days only. It's a treat to see such a VALLE. Special features: sub
stantial BRICK construction, furred walla, weather stripping. 10#rr
insulation and a delightful arrangement of large rooms. Living room
with fireplace, roomy dining room most convenient to labor-saving
kitchen, electric refrigeration, two lovely bed rooms separated by
beautiful colored tiled bath, front porch, attic and gas heat.
Here’* veur O-p-p-o-r-t-u-n-i-t-v to investigate how inexpensive it Is to own
a small home of Of ALITY and SOLID COMFORT with a small down pavment.
We have lets available to duplicate this bungalow for you. Also, see our new
CAPE COD heme at .*(.1*15 llth Place. All large rooms, side porch and grand
vista. KO-ft. lot. Only ftff.950.00—a real bargain!
Drive South on llth St. S t., follow Nichols Are. through
Congress Heights, pass Public School, turn left on Alabama
Aie. for about f Olocks, turn right to properties.
Open Today, Sunday, Week Days 6 to 9
REALTY ASSOCIATES, Inc.
1506 K Street N.W. Realtors NAtional 1439
ENGINEERING SERVICE
Our staff of sales engineers is at your service
in adapting GAR WOOD Automatic Oil Heat*
ing and Air Conditioning Systems to your spec*
ideations. Let us co-operate with you in the
economical solution of your residential oil heat
ing and air conditioning problems.
E. C. Graham, Pres.
. 1S2S-S0 NAtional
New York Ave.
WARDMAIM BUILDS MORE
LOW-PRICED HOMES
33 Sold in This New Group
These Larger Houses Have
SIX ROOMS—2 BATHS AND
RECREATION ROOM
—Note the Construction—
All Brick, Furred Walls, Bronze Screens, Weather
stripped. Stone Retaining Wall, Paved Alley, Built-in
Garage and Heated Recreation Room.
*7,250**7,450
j
Brick Bungalow
Bethesda, Maryland
RoaaJala Park
3 BEDROOMS
4607-09
Chestnut Are,
Oh» Till 9 P.\t.
*7,260-^7,660
htuctnamh I
L HPU3HH0ME J
Brlit nut Wucontln Alt. T Vnckt
pint BtthtHa Bank. Turn right
11a btocki on Chtitnut Avgnut.
Owntr and luildar
JOHN A. WAHL
104 Dal Ray Avanua
Baltary Park, Md.
Phone Wi»c. J718-W
« AFTER DOWN PAYMENT, $50.00 PER
MONTH PAYS INTEREST, PRINCIPAL, lf5f
TAXES and INSURANCE-NO COM- gggl
MISSION or RENEWALS.
_I
Sample House Open Daily, 9 to 9
620 Powhatan Place N.W.
Out 7th St. N.W. to 6000 Hock, Turn Right to Homo—School* (public
and parochial1 are within 3 black*. Bus and car line service and a 20*
acre public playground with swimming pool make this location preferable.
HARRY WARDMAN, INC.
1512 K Sf. N.W. Dl. 3830
"Life's Worth Living in a Wordman Home."
IT DOES NOT
TAKE AN
EXPERT
|
TO ANALYZE THE
GREAT SUCCESS OF
OUR NEW HOMES
•
in
Roilingwood i
TIE NEW ROCK CREEKPARK SECTION
of
j Chew Chase
You simply get more for your money
in this wooded section of Chevy Chase
which for 35 years has been first
choice of the most detached home
buyers. Besides selling homes that
are built and homes sold during con
struction we build homes for people
like this:
Two Bureau of Standard experts, a banker,
several civil engineers, a real estate expert,
twenty Government employes, Army and
Navy officers.
!l
i
OUR NEW AND BETTER WAY TO
GET A BETTER HOME FOR
LESS COST
! i
SHOULD INTEREST YOU
30 YEARS EXPERIENCE
! I
INSPECT
418 AND 612 LELAND ST.
GET THE FACTS
_
To Inspect
There are three ways to come to Rollingwood: Drive straight
out Connecticut Ave. to the Chevy Chase Circle, right into
Western Ave., one-half square to Brookville Road, across from
Catholic Church, left straight to Leland St. Or. straight out
* Connecticut Ave. past Chevy Chase Club to Woodbine St. tour . I
sign), right two squares to Brookville Road, follow signs. Or
drive through Beach Drive in Rock Creek Park to Leland
Street, tip the hill two squares to another sample home.
ELECTRIC KITCHENS ARE STANDARD EQUIPMENT WITH US
[Shannon fcLUCHSl
1 I" DEVELOPMENT rn I I
j| Phon. Wl. 5252 I