The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19

Prof. w. e. Hanna, VINO Is writing a
series of articles on the Stone Age his
tory of Catalina Island, finds that south
ern California had apartment profiteers
back in the fourteenth and fifteenth CEN
turtles. His investigation of the Stone
Age dwellings. hewn out of solid rock.
has convinced him that keeping up an
apartment never was a snap. AT the
entrance to one six apartment cavern
40 found heroglyphics, which he has
deciphered to mean the rates for apart
nents, as follows:
One abalone. one sun.
Two abalones. two suns.
Three abalones. three suns.
Twelve abalones. one moon.
The professor figures that the homo
hunters among the Pimugna Indians had
to pay at the rate of one abalone sleep.
or day: or IL abalones per lunar month.
The cave in question was the largest on
the island and comprised the apartment
house de luxe of that period. A short
distance below the entrance to the stone
apartment house the professor found a
huge pile of empty abalone shells. prov
ing that the landlord did a moro or less
rushing business.
why the Builder Ia Cautions.
The experience of a certain builder In
tho Flatbush section of Brooklyn may
throw some light on the continued indif-
ference Of the speculative. builder to the
cry for more homes. About a year ago
this man started the construction of five
buildings. Prices for everything that
went into home construction had reached
their peak. Brick cost him $32 a thou
La az ,Cta n
and modern in every detail.
When the builder figured up the cost
he found II necessary to ask $4,000
each for the houses In order to make n
reasonable profit. His "ad' brought
hundreds OF inquiries. but not a single
applicant was willing TO pay a price
that would cover the actual cost. When
he offers TO sell at cost the prospective
buyer reminds him of the recent drop In
material prices and wages and points to
the probability of n further decrease.
This builder makes no secret OF the fact
that IL ne ever gets his money out OF
his housing venture he'll lay low until
building costs have become stabilized.
ReaItor and Real Estater.
Everybody knows the definition OF
''realtor" but comparatively few under
stand what Is meant by a real estater."
According to Edward p. Doyle, a real
estater" is man dealing In real prop
ETY. who wears n diamond ring In the
summer and a fur coat IN the winter.
II business is good he wears both In the
winter. II business is poor. he pawns
the coat IN the spring. but holds on to
he ring 80 that he may soak IT in the
all TO take out the coat.
Church Gets "a Realty Boraain.
One year ago G. e. Graham, a wealthy
cotton manufacturer OF Florida. made a
proposition TO the ministerial relief
board of the Southern Presbyterian
Church Of Louisville TO the effect that ne
would sell his sixteen story Graham
office and bank building at jacksonville.
Fla. to II for 100000 provided 1t could
raise that amount In subscriptions by
December 1.
Last week the Rev. DR.. d. II. Sweets.
secretary of the ministerial relief. an
nounced that the amount had been over
subscribed by 800, 600 and was prepared
10 consummate tho purchase. The struo-
ture, one OF the largest in Florida. ls
valued az S1.100.00O. but cost Mr.. era
nam only 100000. he having purchased
&. when the bank which owned II failed
10 cost nearly 5000. 600 70 bald more
than nine years ago The rentals viii
mean $4,000 a month for ministerial re-
ief in the church.
Cheap Homes Go BeEging.
Trying TO better the conditions Of the
individual is moro often than not an I'M
grateful task. Take. for instance, To-
ronto'B experience In respect TO the
housing problem. says the Toronto
sofwrdoy WIGHT. A year OF two ego