davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1921-03-13

EXPLAINED TO
"Y' STUDENTS
Edmund D. Rheem Tells
How Mortgages Are
Negotiated.

Edmund D. Rheem, in discussing
Real Estate Loans" before the Y.
NJ. C. A. class in real estate, said:
The brokers' original function
grew out of the fact that there Is
always considerable embarrassment
when principals meet. in the bor-
rowing and lending Of money. IL
Is always easier for a third person
to bring two men to a bargain than
II Is for the two men themselves to
agree. when each is trying to make
the best deal for himself. The
broker serves to smooth over this
difference by meeting each half
way, trying to keep the borrower
down to a conservative loan, at
the same time using his influence
to exact a liberal loan from the
lender.
From this function the broker
gradually grew into the business or
looking after the legal details, see
ing that the titles are good. pre-
pairing papers, and relieving each
customer of the technical difhcultiss
with which he is generally little
familiar. And here / would like to
emphasize the point that both the
borrower and lender are the brok-
er's clients, he is serving each 20
the best of his ability, and each Is
necessary for the earning OF his
commission. All too often the un-
wise broker makes the borrower
feel that the obligation Of finding
the investor is an arduous one, and
so attempts to place his prospective
client under great obligation.
The functions of the modern
broker of mortgage loans. however.
have been greatly enlarged, and for
both the borrower and lender ths
brokerage houses OF today may be
considered asbro kers de luxe. This
has come about by the establish
ment of large mortgage companies
which have been able to better serve
both ends of the business, by break
ing up large mortgages into notes
Of small denominations.
II can best illustrate this devel-
opment by a concrete example. Mr..
Smith wishes to borrow 100000 on
his property, but the mortgage
company realizes that it may have
difficulty in finding one man who
wishes to loan that amount, so the
mortgage is divided into, say. one
hundred different notes for $1,000
each, every one of which is describ-
ed in the document and signed by
the borrower. Then II is a COM
parativeiy easy matter to find as
many different investors with the
smaller amounts to lend, the aggre-
gate amount making up the total Of
the loan Mr.. Smith wishes to Sc
cure"
The Washington herald., 1921-03-13
BUILDING PLANS
SHOW INCREASE
Statistics Show Jump in Resi-
Dental Projects Through
out United States.

Building activity has proceeded
at a greater rate during the first
two months of this year than dur
ing the first two months of 1919,
according to statistics compiled by
the F. w Dodge Company. Condi-
tions in the opening months of 1919
were very similar to those prevail
ing at present.
Total contracts awarded from
January l to March 1. 1921, in the
twenty-five Northeastern States of
the country. amounted to $212,437,-
900, compared with s152,7s4,0o0 for
the first two months of 1919.
The total contracts awarded In
February, 1921. were slightly less
than in the preceding month, but.
in view of the fact that February
was shorter than January by three
business days, the same rate of ac-
tivity has been maintained during
the two months. January contracts
amounted to Sill, 1,64S,000; February
contracts, s10O,7ss.0OO.
Among the contracts awarded in
February. residential building took
the lead, representing 36 per cent of
the total. or s36.294,0O0. Public
works and utilities amounted to
$1S,60s, 900. or Is per cent of the
total; business buildings, $17,070,-
600, or II per cent of the total; and
industrial buildings, ss,037,00O or .
per cent of the total.
Contemplated new work was re-
ported in February to the amount
of 1851, ,342,000. 1t should be ex-
planned that this includes 5000, ,00O,-
900 for the proposed bridge over
the Hudson River, a project which
will doubtless take a long time to
mature. Nevertheless, even IL this
large project be omitted, the re-
mainder of the contemplated work
has been exceeded in only one
month since last June.
Contracts let during February in
Eastern Pennsylvania, Southern
New Jerfey. Delaware, Maryland,
District of Columbia and Virginia
amounted to s16. 1857. 900, an increase
of II per cent over January.
The first two months of this year
have maintained a lead of $4,000, 900
over the first two months of 1919.
= The principal items in the Febru-
ary awards were: sS.9O5, 900, or 81
per cent, for residential buildings:
s2.323,O00. or IA per cent, for busi-
ness buildings; s1,919,0O0. or IL per
cent, for public works and utilities;
and $1,0O4.000. or per cent, for in
dustrial buildings
Contemplated new work reported
in this district from January to
March / amounted to four times
the contracts awarded. giving prom
ise OF increased activity in the
near future.
Among the contemplated prof.
ects, public works and utilities
lead. with residential work in. sec
ond place,
The Washington herald., 1921-03-13
ZONES NOW WILL INTENSELY SHORTAC
Time to Build
Is Now, Says
N. Y. Realtor

Indications at present point to
very active building operations
during the ensuing spring months"
says S. w. Straus. of New York.
"An unusual number of building
projects are in contemplation, and
actual operations throughout the
country since the first Of the year
have been on more extensive
scale than had been generally ex-
pected. II building conditions con-
tinue to pick up as they have since
We entered the new year, 1921 will
prove a record-breaking period in
the annals Of American construc-
tion.
More and more Il is becoming
generally felt that income from i'm
proved property Is getting on a
more substantial footing than ever
before. The feeling also Ia becom
ing more prevalent that now In
Just as good a time to 60 ahead
with building operations as later.
The Washington herald., 1921-03-13
BUILDING in 1920
SHOWS INCREASE
Statistics Of Permits Give 6
Per Cent Jump Over !.
Previous Year.

A 6 per cent increase for 1890 op-
erations over those of 1919 is shown
by building permits officially issued
and reported by the American Con-
tractor. The total amount of per-
mits for 1890 from 1874 cities was
$1,511.4Ss,45s and the permits num-
bered 417.2S7. The total amount Of
permits in the same cities for 1918
was SI.42s.423. $50,
In thu early months Of 1920 the
high records of 1919 were exceeded.
In March permits from 203 cities
totaled 3159.0S5,909 in valuation.
In April permits from 200 cities to-
tailed S1es.155,S21. But from April
there was STEADY decline from
month to month. In September per-
mits from 203 cities amounted to
only S1o1,S34,729, and in November
permits from 2o3 cities to only s74.-
0sS,5o0. In December there was a
slight rally. with permits from 1874
cities aggregating S7s.245,10s.
The stringent financial situation
was largely responsible for the
slowing up of the building program.
Transportation difficulties. increas I'd
freight rates and labor troubles
were other factors.
The Washington herald., 1921-03-13
Greatest Interest Displayed in New
Kind of Brick Wall Said to Reduce
Building Costs It Is Not Patented

Specimen panels Of the new type
of brick wall which aims to reduce
the cost of homes were examined
with great interest by. prominent
architects, engineers. and building
officials and by crowds Of contrac-
tors and bricklayers at the annual
convention Of the Common Brick
Manufacturer Association of
America, which closed q few days
ago in New York. .., ~
The consensus of opinion Of ex-
perts who saw the Ideal" wall
was that this new construction will
revolutionize the Building of homes.
The system Is not patented and may
be freely used by anyone, and re-
quires no special shapes or sizes or
brick. The bricklayers who built the.
specimen panels stated. that they
can lay just as many brick per day
as with the usual construction. The
saving in brick and in mortar Will,
therefore, be a clear saving to the
owner. to which Is added the saving
made possible by the elimination of
Turing. which up to now has been
considered an indispensable part of
masonry construction. ...
The comparative costs of a six
room house in Ideal" and other
forms of construction were display :
ed on a chart at the convention
from figures prepared by Andrew
Pentland. practical Cleveland
home builder. They ran as follows:
Ideal" brick home, S6.437: frame
home, s6,4s4: hollow tile and stucco
home. s6.e44.
Means Sale OF Fewer Bricks.
The brick industry feels proud to
be the first in offering a practical
suggestion to reduce home building
costs, association officials state, al
though it's adoption will mean the
sale of fewer bricks for each brick
home built. The association. which
has its headquarters in Cleveland.
is now preparing literature upon
this wall for general distribution.
Great Interest was also aroused
among the brickmen by the an
nouncement of an arrangement
whereby all the clay-burning indus
tries will unite in financing a divi-
sion of technical research. 1t Is
stated that this will bring the art
of brick manufacture to a more ex-
act science, and consequently will,
in time, tend to lower production
costs. With the disappearance OF
our forests and the need Of conser-
walton of lumber such a step Is Of
great Significance to the public.
Statistics were presented to the
convention showing as a result Of
nationwide Investigation among re-
liable contractors that the number
of bricks laid by bricklayer in an
eight-hour day now averages 1900;
and the following recent resolution
of the Mason Contractors Associa-
tion of the Omitted States and Canada
was read to the conventions:
Prewar EAciency.
Resolved. That the Mason Com
tractors Association OF the United
States and Canada, in convention
The Washington herald., 1921-03-13
Modern Flat Helps
Married Life Failures

That the pagan atmosphere of
apartment houses contributes much
to the failure of married life. is the
opinion of the Rev. r. s. Loring,
pastor of the First Unitarian Church
of Milwaukee. Unless something is
done to furnish young couples with
homes at reasonable rates healthful
and wholesome social life will dis
appear, he says. "One great danger
to society,"" continues DR.. Loring,
lis the crowded city life and the
unwillingness of young people to
brave married life. They are not
willing to start simply. but wish to
begin where their fathers left of.
The old home IL passing and the
modern fiat with its bed and cook
stove, but minus the hearth, is tax
ing it's place"
The Washington herald., 1921-03-13
Government Help Will Not
Provide Enough Buildings
Builders Will Not Put Up Structures as Long
As Public Harbors Erroneous Belief
That Prices of Realty Will Fall.

Belief that building prices are
soon to fall and that builders will
then resume the construction of
housings has brought home buying
to a standstill. F. Ray Howe. vice
president OF the Greensboro Corpo-
ration, speaks of this as a delusion
which cannot have any other effect
but to continue the inconveniences
and annoyances which folks are
bearing in the hope that relief is
rear.
This attitude" Mr.. Howe said,
has injured the few builders who
have put up houses and who are un-
able to sell them because of the lack
of public confidence in the stability
of present prices. These few houses,
therefore, not finding a market, have
caused builders to withdraw from
the field with a determination to
stay out Of building until the public
demand for living accommodations
revives.
1T may be well to analyze for a
moment this question of cheaper
building in the Immediate future.
Continued high prices of coal in the
face of a great decline in many 9TH
er fundamental commodities makes
1t extremely unlikely there will be
very much Of a decline in the price
of a large number of building ma
terials in which coal is a large ele-
ment of cost such as lime and ce-
ment.
Lumber Decline Temporary.
The. lumber market has suffered
a temporary collapse because of a
complete cessation of demand due to
the over-speculation of the postwar
boom in this material. A permanent
factor in the increase of the cost of
this material, however. has been in
troduced in the new freight rates.
The Washington herald., 1921-03-13

The scarcity Of housing facilities
10 SO great that intense activities
over q period Of two or three years
at least are possible. and such ac-
tivities might result in a less favor.
able market both for labor and ma
terials than now exists. Building
at this time. therefore, is to be en-
courased rather than discouraged,
and IL seems a safe assumption that
this sentiment IL growing.
while adverse circumstances
might develop which would deter
progress, Il would not be surpris-
ing IL the next sixty days wits
messed the Inauguration Of very in
tensiye building operations through
out the country"
The Washington herald., 1921-03-13
Real Estate Transfers

Shepherd st ne, between 10th and
18th SITS, square 1889, lots s to IL
and parts lots and II, Turkey
Thicket-John A. Petty ct ux. Flor
ence P. to Middaugh & Shannon,
Inc, $40.
sI4 goth st NV. square rs. part
original lot 27-Lawrence E. Walk
er It ux. Bertha. to Henry P. Amos,
$40.
1915 c st NV. square 25s. part
original lot ALBERT T. Coumbe ct
al to Rachel E Trimble. s5.
South of " st, east of LIST st Sc.
square 744, lot 149-Martin T. Webb
ct ux. Lille, to James H. Brooks,
$40.
se4 sth st ne. square $50. lot ss-
Charles c. Gator ct ux, Lurania, to
Lena Apperson, $40.
Lena Appsrson conveys same
property to- Charles c. Gator. $40.
III G st sc. square 904. part orig
inal lot 1s-Charles c. Gator ct ux,
Lurania. to Lena Apperson. SO.
Lena Apperson conveys same
property to Lurania Gator, SO.
New Jersey ave sc, between c
and ID SITS, square 691, part original
lot 14-Efie B. Martin ct al. to
New. Jersey ave sc, between c
lot H-Sara D. Carter ct al. to
Christina C. Coleman, $40.
New Jersey ave Sc. between G
and d SITS, square 691, part original
lots II and christina c. Cole
man ct vir, John NJ, to Annie A.
Sweeney. SO.
400 ave pru ooraro 0n9n
lot 20, Petworth-James McCallis-
ter ct ux. Florence M. to Clark
Riddle, so.
344 d st ne, square 1880. lot So
Ella e Hurst to Charles w. Bo-
hannon. $40.
1st st sw, between D and E SITS,
square s3S. lot and part lot s.
George w. Murray, executor, to
Domenico Trimarchi. s1,145.
North of F st. east of 18th st
nW, square 253. lot 53-Harry
Wardman and Thomas p. Bones to
Anna Carry, SO.
Mount Pleasant. lot S-william c.
Slater ct ux. Emma, to Hattie
Slater. SO.
North of Shepherd st, east of 5th
ct nw.ssquare 323s. lot So, Petworth
Edith L. Heatwole ct vir, Oliver
w. to Louis H. Seigel ct ux, Rose,
SO.
Square 5156, lots IS and 10.
Hampton Park-MunIcipal Realty
Company to William S. Leapley,
SO.
137 Randolph pl NV. square 3104,
lot s. West BIoomingdale-Geor
r Wiilicombe ct ux, Eva, to Paul
y. Lngebach ct lux, Margaret A,
<i0 FF- F
1927 nth ct NV, square 2s4l,
lot %, Columbian Heightslibbie
Kraft ct al. to Albert P. Kisliuk,
$40.
North Of NJ st, west Of 2sth st
NV, square 1910, parts lots 17s ana
17s--Anna Carry ct al, trustees, to
Harry Wsrdman and Thomas P.
IS. p. Brown. lot 6sS, sub. of
Pleasant Plains-Robert Wolfe ct
px. Mary 10 Jacob s. Gurevich ct
.ux. Rose SO.
: 1903 T st NV. square 100, lot %
-Eugenio NJ. .Fugazzi ct ux, Car
rilia NJ, to Ganson +. Dawkins,
$40.
The Washington herald., 1921-03-13
Fine Arts Exhibit.

The Washington Society Of Fine
Arts is exhibiting at the Public
Library this month a collection of
photographs of war memorials, as
sembled by the Metropolitan Mu-
scum of Art and loaned by the
American Federation Of Arts. Rep
resentative work Is shown of st.
Gaudens. Daniel c. French, Lorado
Taft. Herbert Adams and other
Americans sculptors. The exhibition
Is open daily from 9 a. m. to D.
M; Wednesdays. 9 a. m. to- 8 D. m,
and Sundays 3 to . p. m.
The Washington herald., 1921-03-13
Asks Receiver Named
For "PaLace of Slceets'

George N. Mantzouris applied to
the District Supreme Court yester-
day for the appointment of a re-
ceiver for the Palace of Sweets"
at $500 Fourteenth street northwest,
owned by Peter ]. Harris.
Through Attorneys Pretzfelder
and Harlow, Mantzouris claims that
Harris owes him s4.351.24 on notes
secured by the business, and is
about to dissipate and dispose of the
business, to his detriment.
The Washington herald., 1921-03-13
No Plans for Strangers
Made IN This Island Town

The town of sseibo. on the island
Of santo Domingo. notorious for its
oandit- tribes, has no hotel accom-
modstions, the visiting stranger
nndne nothing but miserable
taarned nuts with beds of straw
and ragged negro erones for serv.
ants. ,Seibo is the most out Of the
way. sstonished At strangers, un-
acquainted with the world town of
any size that can be found in the
West indies. says a writer in the
Detroit News. A curious old church.
Part Of &c built-fo0 years ago, ON top
OF wnich u the marine wireless. sta
ton, Is the only building of IMPORT
ance- From the top Of this church
sefbo Is seen to be surrounded by
low hills. eFerywhere wooded, with
cut . hut Outside its compact mass.
The Washington herald., 1921-03-13
Big Cities Form, Reefs
For Matrimonial BdrkS

NEW YORK. March 12.-In Chi
cago there were 500 divorce DEGREES
granted in January and 1000 in
February. In Los Angeles 3s6 were
granted in January and $40 in Feb
ruary. New York County had 17S
In January and 207 in February.
In Dallas 176 were divorced in
january and 155 in February. In ST.
Louis there were 372 DEGREES in
January and 32S in February.
The Washington herald., 1921-03-13
College Girls Form
G.. w. u. Debating Tednf

George Washington University
has organized q girls debating
team. The first intercollegiate girls
debate is tentatively scheduled for
April 20. when the team will meet
a girls team from the University of
West Virginia at Morgantown. w.
Va The team, as now constituted.
will be composed OF Misses Edith NJ.
Archey. Helen Csrioss and Filimors
wilgus-
The Washington herald., 1921-03-13

assembled; so on record that 1t is
the sense of this body that the jour-
neymen bricklayefs of the United
States and Canada, as whole ex-
cept in isolated cases, are now pro-
ducing an amount of work that
compares favorably- with that or
prewar years, and that they are
co operating with the mason con-
tractors to the end that the public
may be given, more production.
which makes for lower building
costs and more homes"
The convention was held Jointly
with the National Brick Manufac-
turers'. Association. T..
The Washington herald., 1921-03-13
As an Investment

New Construction commands first trust
loan of more per room than our selling price,
which proves our statement that we are selling
., at 603o of reproduction cost
A number of our purchasers have received
offers OF proht. OF $sO0, $1,000. 5000 and 5000
No apartment can be bought at the ORIGINAL
price in the six buildings m which we have sold
ALL the apartments. The same condition will
prevail when the apartments in the four re-
naming buildings are sold
The Washington herald., 1921-03-13
The
Walker Cooperative
Plan of
Apartment Ownership

-offers you excellent living accommodations m
desirably located, modern apartment buildings.
Splendidly planned suites of from 8 rooms,
2baths and porch to small apartments of 1 room
and bath are offered for sale on basis of only
500 of the reproduction cost.
After an initial cash payment of approximately
onehrd the value of the suite selected the balance
including your proporionate share of the main
tenance and management expenses of the apartment
building-will be beLESS-THAN-RENTm monthly.
Almost any desire as to location and interior de-
sign as we'll as size can be satisfied
We shall be pleased to explain the WALKER
PLAN of Apartment Ownership and its advan-
In and To sh1sxz Il
The Washington herald., 1921-03-13
Prewar EAciency.

Resolved, That the Mason Com
tractors Association OF the United
States and Canada, in convention
The Jasper news., 1921-02-17

with Mrs. Kerney. Mrs. John
Gresham called there in the after
noon.
Mrs. Winans spent Thursday
with her daughter, Mrs. Basil
Nc lintock.
Mrs. Manda Smith spent Fri
day and Saturday with her sister,
Mrs. Oscar Faskin.
Charley McClintock and wife
spent Sunday with Harrison Waltz
and family.
Mrs. John Gresham called on
Grandma and Mrs. Oscar Faskin
Friday evening.
Villa Hyder spent Saturday
night with her sister, Mrs. Lloyd
Winder.
Aunt Lydia VanBuskirk and
Glen and Mary Margaret kerney
and Mrs. Charley McClintock
spent Friday afternoon with Mrs.
Basil McClintock.
Robert Gresham and family
spent Sunday with Joe Simmons
and wife.
Jim Campbell and wife OF Car
terville and Bert Wood and family
spent Sunday with Tom Alexan-
der and family.
A kid and tacky party was Civ
en- at the home of Robert Gresham
Friday night, February IL. This
was given in honor Of the losing
side of the contest of the
D. o. X. and Philathea classes of
Salem Sunday School. The even
The Jasper news., 1921-02-17

All departed at a late hour wish
ing Mr.. Kaderly many more hap
Ply birthdays.
Mrs. M. E. Stockdale and Ray
Steelman and wife visited at H. E
Stockdale's Saturday.
Mrs. BERTHE Garner and sonMel.
vim A. spent Saturday night and
Sunday with relatives in Carthage
Earl Garner, H. E. Conner and
Art Brown visited Rene Lucas
Sunday.
Heber and GeraldMoyer visited
Sunday with home folks.
Mrs. Clinton Weber and baby
arrived last week. She has been
Yisi ting relatives in northMissouri
Mrs. Joiner visited Friday with
her father and sister.
A number of friends and neigh.
bors met at the home ofTomG Glenn
Thursday night in honor of his
birthday. The evening was spent
in games and music. Cake and
fruit were served and all report q
most enjoyable time. Those pres
ent were the families of G. A. Ar,
mold, Earl Garner, Will Law, C.
Hasbargen, H. E. Stockdale, Ell
mer Joiner, C.M. Wells, Art Brown
and S. P. King, Mrs. H. E. Coiner
Mrs. Zoah Ellington, Misses Be,
atrice Mitchell, Verna and Kath.
crime Meyer and May King Park
er and Guy Andrews, Frank anc
Raymond Hickman, CharlieKing
Albert Owen, Lloyd Coiner, Thorn
as Taffner, Hollis Stockdale, FREQ
Lee, Mr.. Hobson and Mr.. Hale
Mr.. Scarborough and son Grover
and Johnnie Law.
E. D. Owen has been quite sicl
for several weeks at the home O
his daughter, Mrs. Coiner.
The Jasper news., 1921-02-17

ing was spent in playing various
games and singing. Refreshments
Of ginger snaps and ll-day- suck
ers were served. Those present
were: Misses Pearl and Cecile
Alexander, Helen Stith, Ola Sims,
Chloe, Edna and Ina May Turner,
Marie 0wings, Cecile Pugh, Ruth
Gather, Cecile, Hazel and Frances
Courtney. Messers. Andy Von-
Ter, Tom Tiller, Oval and Elston
Sims, Hoyt Turner, Wilfred, Clyde
and John Crow, Jack Lawrence,
George Wood, Alfred Baker, Jim
Tullis, Elmer Owen, Vern Boyer,
Clarence Pugh, Walter Carter,
Guy Fenner and 0rie Alexander,
Roy Fenner and wife, Roy Tiller
and wife and Ralph Berry and
wife. J ~-,s 4
The Jasper news., 1921-02-17
BLUE STAR
Mrs. Myrtle Coiner

JohnStill spent part of last week
with Orville Taggart and wife.
Mines. Brown and Conner were
callers at Mr.. Glenn's Friday.
Beatrice Mitchell spent Thurs
day with her aunt, Mrs. Brown.
Mrs. Hollis Stockdale and little
son Carl Oldham visited last week
with her mother, Mrs. CalOldham
o. E. Roberts and family and
Clarence Brown and family visited
Sunday at H. D. Grim's.
Albert Owen, Guy Andrews and
Grover Scarborough spent Sunday
afternoon with Jerry Arnold.
While doing some carpenter work
in Jasper Thursday Mr.. Glenn got
two fingers mashed quite badly.
1t was very painful for several
days.
HE. Stockdale and family visit
ed at Perl Whicker's Sunday.
Rene Lucas was a Carthage
visitor Friday.
Mrs. C. M. Wells visited We'd
nesday afternoon with Mrs. Cecil
Kaderly.
Mrs. Harry Peat and children
spent Saturday night and Sunday
at W. G. Laws.
TheoMitchell and family visited
Art Brown and wife Thursday.
Hugh Stockdale spent Sunday
with Alva Williams.
Chas. Grim spent Thursday at
H. D. Grim's.
A crowd of relatives and friends
gave Jake Kaderly a very pleasanl
surprise Thursday night in honor
of his birthday. Refreshments
were served during the evening
The Jasper news., 1921-02-17
Ms. JOY Kerney

John Sunderland and family
spent Tuesday with Oscar Faskin,
Mrs. John Gresham spent We'd
nesday afternoon with Mrs. Carl
Deninger.
Mrs. Charley McClmtock spent
Tuesday afternoon with Mrs.
George Probert.
Ess Rogers and wife and little
son Of Lockwood spent Thursday