davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1920-11-14
SALE OF new
ROW FINISHED
D. J. DUNCAN Reports Sale
OF Last House on Long
fellow Street.

d. J. Dunigan reports the follow
] ing sales In his Fourteenth Street
Highlands operation during the past
week:
Michael J. Kindsfather purchased
tls22 Lonsfeliow street northwest
. This house contains eight rooms and
bath. hot water heat. electric lights,
hardwood floors. and is richly deco
|, rated throughout. with the com.
pletion of this sale Duniran reports
that all Of the red brick houses
which he has recently completed on
Lensfeiiow street. In his Fourteenth
Street Highlands operations. are
sold.
Mrs. Minnie L. Short was the pur-
chaser Of i2e3 Kennedy street. This
house is built along the colonial
style; has a large brick cellar ex-
tending the full length OF the house.
On the hrst floor there 10 a reception
nail. living room. dining room.
Kitchen pantry and breakfast porch
on the second floor there are four
large bedrooms, each having q
roomy closet. a bath and a large
double sleeping porch. This 10 one
OF the row Of twelve houses which
DUNCAN has recently completed on
Kennedy street. between Georgia
avenue and Thirteenth street. The
sales In this row have been exceed
ingiy active as there are only two
houses remaining unsold.
The Washington herald., 1920-11-14
HOUSING PROBE
BEGUN IN Ohio
Senate Committee Seeks In
formation on Building
And Prospects.

The special committee on recon
struction and production OF the
Senate has started in Cleveland a
series Of hearings on the housing
situation. to be continued in Chi
cago. Des Moines. Omaha, Denver.
Kansas City, New Orleans and
Birmingham. An effort win be made
to obtain the fullest possible infor-
nation on existing conditions in
construction and housing in each
locality and as to the factors con-
tributing to these conditions.
Among these factors are transpor-
tation, fuel, labor. finance and tax
alton.
The American Society of Mechan-
ical Engineers has requested its
local committees in each of these
cities to cooperate fully with the
Senate committee and to '.partici-
pate professionally and as citizens.
to help get this country back again
to conditions where enterprise and
initiative can have their opportun-
ity for expression"
The committee consists of Sena-
tors Calder, of New York, chairman; /;
Kenyon. of Iowa: Edge. OF New Jer-
sey: Wolcott, Of Delaware, and Gay,
of Louisiana. 1t will report on
measures to stimulate construction
work and to encourage popular in
vestment, rather than spending: to
foster private initiative In building.
and to insure cooperation between
labor and persons or corporations
engaged in banking. transportation
or other business necessary to the
development of this construction.
The Washington herald., 1920-11-14
NOT ONE RENT PAYER,
THIS TOWNS BOAST

New Hope. Ohio. a village located
near the Indiana line in Preble
County. Is for all the world a second
''Stringtown on the Pike" II has
only one street, that being along
the paved road that leads from
Dayton to Richmond. Yet, despite
its being little more than a wide
spot in the middle of the road. New
Hope deserves some place In the
limelight. For be 1t known far and
near that the village harbors no
rent payers. Every one of the nifty
families lives in a house that is its
own. according to the Cleveland
News. Until a comparatively short
The Washington herald., 1920-11-14
.HOMESHORTAGE
REMAINS ACUTE
Growing Appreciation OF
Thrift Forecasts Era OF
Home Building.

"A somewhat better tone is indf-
Gated in the building industry by
reason Of tendencies toward q more
stabilized labor situation" accord
ing to s. w. Straus, Of s. w. Straus
& Co. Enthusiastically. the people
of the nation are becoming aroused
to consciousness of the wide
spread need of thrift. Not only
have We reached a place where there
tn manifest unwillingness to toier-
ate increases in the cost Of living.
but there is an indicated apprecia-
tion of the fact that thrift OF time.
as well as thrift OF money and all
other forms of material wealth, is
essential. The tendency toward bet
ter labor conditions. which com
prises one of the outstanding fea-
lures of the building situation at
the present time, may be taken az
the manifestation of a growing ap-
probation of thrift as stabilizing
necessity.
These conditions should not be
accepted us indicating an immediate
resumption of. pronounced. activity
in construction work. There Is no
Improvement of consequence to be
nOItu dCludl
and at this season of TIE year 1t
cannot be expected. However, there
are reasonable expectations that the
spring building season OF 1921 will
open with considerable activity.
The building shortage through
out the country is still acute. and,
while the people have found 1t possi-
BILE to adapt themselves to cramped
conditions for the time being, they
will not be content with this situ-
alton permanently. 1t is a part of
human nature to seek continually
higher standards of living. There
is bound to ensue sooner or later
a very pronounced .home-building
movement, which will be hastened
as we approach stabilized conditions
of labor and other essential build
ing costs.
shifting conditions still prevail
in the price of building materials,
and it would seem the part of wis
dom to maintain cautious and
careful policy with regard to cost
tendencies. Basic economic condi-
tions should not be lost sight of.
Stocks of merchandise which are
now being sacrificed must be re-
plenished, high taxation will con-
tinue for some time, the tremen-
dous amount OF financing that has
been done in recent months on a
basis of high interest rates will
continue to have it's effect on COM
modify costs. and there is a short
age of many commodities. particu-
larly buildings of all descriptions.
Current tendencies, therefore, must
be analysed on a basis of these fun
.damental conditions. and too much
emphasis should nto be placed on
conditions that may prove to be
only temporary and from which
there may be a reacaon."
The Washington herald., 1920-11-14
MORTGAGELOAN SHORTAGE
DISCOURAGES NEW Bull DING;
MAXIMUM PRICES SOUGHT

to such a point that the houses now
ent prices?
I'VE are willing to admit that IL
we were to build enough houses to
food the market it might break
prices, but finances are not in such
shape. nor material and labor. to
permit this. Since the war the or
de- of things has changed, so much
so that builders and those who
finance builders build houses on a
moro scientific basis, and, In our
opinion, will always keep the sup
ply a little under the demand in
order that houses will be sold after
erected and not rented. We do not
believe for years to come builders
will undertake or be able economic
ally to build houses that can be
rented as before the war.
"Our information is that the cost
of building an ordinary six-room
air-light house would run from s5,-
500 TO $4,000, and possibly more.
Assuming these figures are correct.
it woull b. necessary to obtain a
renal on a basis of at least l5 per
cent on the cost, which would be
approximately $500 to $500 a year.
or s65 to SIS per month rental.
Can you imagine the ordinary per-
son. heretofore paying SIS to s35 per
month for a similar house, paying
such a rent as s65 to SIS?
Brokers should. urge their pros
poets not to expect lower prices,
but to buy n home now. No doubt
We all have had prospects who
would rather pay a high rent than
buy at what they consider the pres
ent high prices. Let us consider
the value of the dollar should the
price of real estate decrease.
I'VE contend 1t is better to buy
now. even though the price of real
estate was to drop. than to rent.
Brokers must not consider the
present market an inactive one. for
it is not due to the lack OF de-
mand tc buy, but rather the inabji-
ity to finance buyers. Out of every
ten desiring to buy only one can
buy because of this condition. How
ever. in spite of this. we believe
within short time practically all
OF the new and other vacant prop
critics will be sold. due to the tIe-
mendous shortage"
The Washington herald., 1920-11-14
Real Estate Owners Getting Much
Less Than Justified Earnings, Says
Report of Housing Corporation

Owners of residence buildings. are
justified in charging a gross rental
Of 1876 per cent on the investment
and apartment houses should bring
a gross return OF 20.2. These figures
are contained in a report Of the
United States Housing Corporation.
But there arc few owners today
who are getting such a return on
their investments. \ QUESTIONABLE
sent out by the Housing Corporation
to realtors all over the city shows
that they are getting less than these
justified percentages.
The report is without comment
and is made up entirely of a COM
pilation of the figures, leaving the
reader to form his own conclusions.
But it would indicate that even amid
the charges of profiteering and too
high rentals. the man who puts
his money in real estate in order
nEeUn
The Washington herald., 1920-11-14

When will the maximum price for
homes be reached? asks the League.
the official journal OF the Real Es-
tate League of New Jersey.
This is a great economic ques-
tion. which we doubt very much can
be properly answered by the lead
ing economists and financiers of the
day. In our opinion there arc GER
tain types of houses which at the
present time are underpriced, mas
much as it would cost more today
to produce them than the present
asking price, and surely this applies
particularly to new houses just
completed or about to be completed.
Supply and demand regulate price
in any market, no matter what the
commodity may be. The demand
for houses is far in excess of the
present supply today and no doubt
will be for years to come.
1T seems that the crux of the sit
uation is one of finance. Assuming
the builders could get material and
labor with which to build. from what
source or sources is the money COM
, ing? 1t is only logical to believe
that those in control of mortgage
funds Qf they were lending at alb
would rather lend on houses already
erected. where the cost of construc-
tion Is determined, than on a new
operation which Is uncertain as to
the time of completion and value
upon completion.
This means that the supply Of
houses will necessarily be kept low.
and prices maintained. if not in
creased. In other words, suppose
builders were to proceed to build at
even one-third the normal rate.
Isn't 1t only logical to believe that
the cost of all building materials, in
cluding labor, would take jump
In price due to the demand, and the
cost Of construction would Increase
The Washington herald., 1920-11-14

to provide a home for people who
cannot buy is getting much less than
he should have.
Despite the increases in rental
which il has been necessary to make
during the past few years, figures
accompanying the report show that
housing Is fifth in percentage of in
crease in list of six items entering
into a family budget
According to these figures, food
showed the highest jump, 81 per
cent. clothing &c per cent: miscel-
laneous 1873 per cent: furniture and
furnishings 81 per cent: housing 4
per cent and fuel and iight "a per
cent
On the matter OF residence prop
erty the figures show that the high
mark in gross rental justified was
IT'S per cent, while that obtained
was but IL per cent.
The table follows:
The Washington herald., 1920-11-14
BOND DINCREASE
.HELPSBUILDING
Lower Interest Payments
Bring More Investors to
Realty Field.

The recent sharp and continuous
advance in the price of Government
bonds and high class municipal and
railroad bonds, resulting in a cor
responding decrease in net interest
return, is having a salutary effect
on the supply Of money available for
mortgages, according to Edwin C.
Benedict, Of the Charles F. Noyes
Company. For some months past
the highest grades of securities
have been selling on such an attrac-
tive basis that II has been extreme
ly difficult to interest investors in
real estate mortgages. as they
could secure from bond investments
a greater rate than can legally be
paid on mortgages. With this sit
uation changed, substantial sums
are coming in the market and pros
poets for further large offerings at
an early date are expected.
We need not expect to see just at
present any loans made at less than
per cent interest. What the new
year will bring forth 1t is dificult
to foretell, but there is every indi-
cation of very marked Improve
ment.
Such funds as have been invested
the past few months have been very
largely by savings banks and life
insurance companies, which have
patriotically overlooked the oppor-
tunity to make bond Investments at
a much higher rate of interest con-
sidering 1t their duty to aid or i'm
prove housing conditions. Lenders
now have gone a step further and
funds are available for mercantile
and business properties and we have
more actual money to loan today
on first-class applications than we
have had for many months.
The Washington herald., 1920-11-14
THINKS AVERAGE MAN
WELL ABLE TO BUILD

a well-known building authority
states that the average man is bet
ser able to build and own a home
'oday than five years ago. Mooney
values" he says. have been batted
loout, and the condition has been
aggravated by ill-advised buying by
workers with suddenly acquiEed
wage increases These wage IN
;reases have gone largely into the
purchase Of luxuries. resulting in
shortage of necessities.
The reaction, however. has start
I'd in Through all this period of
extravaganza and recklessness the
solid. substantial element of our
,eople have kept their heads. They
rave saved money. Prices are on
. downward trend and will reach
normal level in three or four
fears- In spite of the high cost of
asor and materials prices can he
maintained at a fairly reasonable
evel. Homes can be built now and
he banks are willing to help"
The Washington herald., 1920-11-14

@-Ch6 City DCdulltul ltuCS oil ltlC u
There is no possibility. as see
II. of prices of realty here taking a
tumble. In fact, all of the elements
that enter into building costs are in
Just the other direction. Labor
costs are continuing upward. What
little reduction is indicated in the
material markets, and only a few of
them show indications in this direc-
tion, win be taken up by the de-
mands Of labor for increased wages.
Labor is no small element in the
cost of building. About 30 per cent
OF the cost OF building is a labor
cost 1t starts back in the mines
and the woodlands where the raw
stun Is gotten out and on through
The manufacturing processes.
Realty here is on a prosperous
wave / believe that it will con-
tinue So Home-buying now should
be the object of everyone. 1t is a
stabilizer and a developer of good
citizens. And those who buy and
own in Washington will certainly
ind that they have an investment
which will bring them excellent re-
turns"
Mr.. FARRELL Is one of the pioneer
nome builders in the National Cap-
ftal. He has done much toward its
promotion as a home city, and is
continuing in this direction. show
ing his belief in the permanence of
values here.
The Washington herald., 1920-11-14
Capital City, Development Steady
And Increasing in True Civic Beauty,
Declares Prominent Realtor Here

Washington real wonderfully sound foundation and
those who in it will find that they have made wise
the opinion of Thomas FARRELL Southern Building Washing
realtor The realty
all indications direction said
Real estate values in the Capital City secure he said "a
of their history will show this The city has passed through
wonderful development spite of the fact that has had
behind of the industrial boom 1t has developed
The Washington herald., 1920-11-14
$l7,000.
Washingtea Heights (Vaeant)

We are Offering this property
to close an estate. Three stories.
containing ten large rooms. all
modern conveniences. electric
light and hot-water heat. Lot
Is 2oXl2e q. to a l5-ft- alley,
Ample space for a garage. Inn
mediate possession to purchas-
er. Only a reasonable amount
of cash required. balance can be
arranged to suit purchaser. Key
at our office.
The Washington herald., 1920-11-14
Thomas J. Fisher & Co.
73s 15A St. NV. Mai, ESQ
Consult Our Sales Department.
Cor. Property, r St.

This attractive corner lot con-
tains 3,12o feet. The house has
twelve rpoms and two tile
baths: all modern conveniences
and well heated. Property is in
fine condition. Now vacant and
we can give purchaser imme-
diate possession and reasonable
terms can be arranged.
The Washington herald., 1920-11-14
Washinstsn Heights.

This is fine three-story
house. containing twelve rooms
and two tile baths; has all mod
ern conveniences; is in excel
lent condition: electric light and
hot-wster heat; large lot. 36 n.
by l25 II. to an alley; ample
space for a large garage: oc-
cunied by owner; immediate
possession.
The Washington herald., 1920-11-14
--Suppose
You BUY an Apartment
Under the Walker Plan
---and Should Euer Want to Sell

Assume that you've just purchased an apartment
under the WALKER PLAN-in the Avondale, for ex-
ampe-and later you find it necessary for any reason
to sell.
Having Purchased Under the WALKER PLAN,
YOU HAVE BOUGHT AT ONLY 500 of the repro
duction cost and, obviously. when the character of
this apartment building is considered, together with
its location and the INCREASING DEMAND for such
apartments, your investment is not alone secured
against loss by margin of approximately 4O9o, but
every indication points to ready sale AT A SUBSTAN-
TIAL PROFIT.
A FACT-many who have purchased apartments
in the six buildings we have sold by this plan have
already received offers to sell AT PRICES CONSID-
ERABLY IN EXCESS of the amounts we sold and are
still selling them, under the WALKER PLAN
At the Present Prices of Apartments offered for
Sale Under the WALKER PLAN, no safer, surer, in.
vestment can be found in Washington Real Estate.
The Washington herald., 1920-11-14

tims ESQ there vas . less rsntsr IL
the village. Mrs. 1aggfe Brsnnsr|
brought the town into prominence
By purchassng the home In which
New % nepsrs s'e ears r0' tseir ssi living ys- ~
working ON nearby farms Large
The Washington herald., 1920-11-14

The monthly payments given left INCLUDE
your proportionate share heat water light
tantor service and similar expenses interest ana
substantial curtail the principal ~ -
The Washington herald., 1920-11-14
$4,000
Near Dupont Circle.

A splendid tvo-story resi-
dence. containing eleven rooms.
This property Is in fine condi-
tion. and 10 occupied by owner.
Can be seen at any time by sp-
pointment through this office.
The price includes furniture.
and Is very reasonable. Pur-
chaser could AFFORD TO carry out
his idea as to improvements
The lot has ample space fer
garage.
The Washington herald., 1920-11-14
$4,000
Tlden ST. (Vacant)

North of Conn. ave. conveu-
lent to car line. Practically new
and in excellent condition. con-
tains nine rooms and bath. All
modern conreniences. gas. cleo
tricity. and hot-water heat. Lot
is 25xl3s to an ls-ft. alley
Ample room for large garage.
Property clear of any trusts and
terms could be arranged.
The Washington herald., 1920-11-14

Reaor is leader among ciys strong be-
eve in the security of Washington real Born
Eastern Shore of Maryland he raised and educated there
boyhood does for many boys He mastered became
telegraph for the Pennsylvania Railroad Company But
the monotony of the life pad and his ambitions carried
him into the business field He Washington and
ciated himself with the oeer Provision Company becoming
While there he deved into real estate and realizing its
possibilities Washington field and established
business which he He life
Der City Club member of the Shrine and of the Wash
ington Board of Trade
The Washington herald., 1920-11-14

garden plots help thsn hes< ifvinu
costs. and although they iock ~
modern appointments and ths hu>'
tie and hustle Of the cities they ~
quite happy. For every ope u 4
lsndholder. unworried $40 unheW
persd by the monthiy rent preesu
The Washington herald., 1920-11-14
Ready for
IMMEDIATE POSSESSION
The Avondale
liza p Street N w

Rooms and bath
$500 20 $500.
Cash payment, 81 500 to S1.7OO
Total monthly payments,
sass to S54.5O.s
Rooms and Bath
$1,000 to $500
Cash payment. $500 to s. 900.
Total monthly payments,
SIZES to STs.l2.'
Rooms and Bath
$4,000 to S,5OO.
Cash payment, 81 900 to s., 500.
Total monthly payments,
S62.50 to $685.
8 Rooms, L or 2 Baths
$4,000 and sI3. 500.
Cash payment. $4,000 and $500.
Total monthly payments,
SI25 and S140.63.s
The Washington herald., 1920-11-14
On 9th ST.

West of Conn ave: practical
ly new splendid three-story
brick residence; consists Of nine
rooms and two tiled baths:
servants room in addition: has
gas and electricity. and is heat
ed by hot-water: large lot. with
smple space for garage: oc-
cupied by owner. and can be
seen by appointment; property
clear of any trust.
The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1920-08-25
YIELDED TO TATTooER'S ART
Many Royal Personaees Have Been
Overwhelmingly Experience
Of Swedish Monarch.

II was no secret to his intimates
that King Edward VII Of England sub.
Jected his arms to the art Of a tat.
toOer when he was prince Of Wales.
nor is 1t a secret that his son, the
present king, was tattpoed by skill.
full japanese, when as a midshipman
on board the "Bacchant" he visited
Japan many years ago.
The late car Of Russia wore an
indelible India-ink dragon on his left
forearm and quite number of other
European royalties past and present,
have received these indestructible dec
Orations"
But the experience Of Charles XIV
of Sweden and Norway, makes an in
teresting little story by itself. 1t was
always puzzle to those most init
mately associated with him, that he
would never show himself anywhere
with barred arms. 1t was not until his
death in 1914 that the mystery was ex-
planned. On his right arm were tattooed
neither a dragon, an eagle nor an in
sigma Of high authority. but instead
the red cap of Liberty, and the motto,
death to Kings" AS Jean Baptiste
Jules Bernadotte, in his young repub-
lican days in France, he had been thus
tattooed, lever dreaming that later he
would be called to the throne. d.
The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1920-08-25
Barbless Hooks for Anglers.

A very commendable movement is
under way among members of the
Megantic club, and probably other
sporting clubs, for the use of the barb
less hook. The idea is that true
craftsmanship consists in giving the
members of the "fnny tribe" fair
chance for life and escape, and that
to catch fish with barbless hook
Is more creditable than to use the
old-fashioned barb. When trout or
salmon are caught with barbed
hook, they are apt to be seriously in
jured, and even if thrown back into
the water do not recover, in many
cases; whereas, if the barbless hook
is used, as now advocated, they are,
If returned to the water, in almost all
instances revived and may be caught
over and over again. This is true
craftsmanship, and it is to be hoped
that the barbless hook movement will
succeed.-Boston Post.
The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1920-08-25
ACCOMMODATED

DENVER, Aug. 25.-J. B. Hender-
sons eyesight was nearly gone, and
he was unable to read the sign over
the Capitol Hill police sub-station.
The flower bedecked windows gave
no indication that the majesty of the
law held forth within, SO Henderson
entered and, inquired of the desk SER
geant If he could spare little
change to buy some supper with. :"
The officer had no small change,
he said, but assured Henderson of
free board and a room, and forthwith
locked him up on a charge of beg
ging.