davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-06-16

pink, tea
rose, maize, pow
der blue, almond
green and coral
for afte r n o on
and evening
Evening star., 1924-06-16

MOMENT IS FIRST REVEALED
Evening star., 1924-06-16
EVERY COLOR

White for Sum-
mer
Black and navy
for street
You'll easily find
a frock to be-
come you!
Evening star., 1924-06-16

DIR. and Mrs. Charles W. Richard
son have returned to their Connecti-
cut avenue home after a ten-day trip
to Chicago. They attended the con-
Nention of the American Medical AS
Sociation
The Birmingham age-herald., 1924-09-07
EIGHT MONTHS
 REALTY DEALS
 AT $6O,OOQ,OOO
Amount Surpasses Entire
 Trading For 1923 1 Is Belief

The $6O,OOO,OOO mark, a figure be- lieved never before to have been reached in an entire years trading in the real estate market, has been passed by the first eight months of 1924.
 State deed stamps sold by Jefferson county probate court offices for Au- gust totalled $4,243, bringing the years aggregate to $4O,522. This amount represents tax of $1 on every $1,000 in equity alone. Mortgages are rough ly estimated at one-half of the amount in reaching the total sum involved in dealings.
 August, on the whole, ranked fairly well with other months of the year, although the stamp tax sale shows con siderable drop from July. In this month $5,767 was taken in by the offices.
 August failed to develop any transac- tions of exceptional size although a number in the $50,O00 class we're re- ported. These trades were in evidence largely in the vicinity of the proposed viaducts and the new office buildings.
 A feature of the month was that it was lacking in any pronounced trend. Although the section to the northeast is apparently still in the most demand, the business property market also re- corded considerable fluctuations to the immediate west and south of the pres ent downtown district.
The Birmingham age-herald., 1924-09-07
FAVOR SIX P. (.
 FOR MORTGAGES
Strause Asserts Money Rates Gradually Eas-
 ing Off

"WhiIe a 615 per cent coupon rate has prevailed on the preponderance of first .mortage real estate bond issues made, during the past three or four years, 6 per cent is now and should be the prevailing quotation on prime real estate securities, with a tendency to- wards even lower rates, declares s. W. Strans, president of s. W. Straus & Go.
 ''This easing off has been due to the large amount of money on hand for in- vestment purposes during recent months and the unmistakable tendency toward less or more normal building activities than have prevailed since 1920.
 "The 5h or 6 per cent rate was the general accepted quotation for first mOrtagage real estate bond issues for many years, and it would thus seem that this figure more nearliy ap- breaches what should be normal than any other. While, of course, the avt craze investor is anxious to secure aS high rate as possible, it Is true that when that rate goes above this amount it places a burden upon real estate and increases the cost of living. The higher rate today is really detriment rather than a benefit to the investor and the community, because what is bad for the borrower must, of course, in the final analysis be bad for the lender.
 ''The use of money in the erection of building must comply with the same laws that regulate everything else made use of in the operation. Money is a commodity and it's value is subject to the law of supply and demand the same as steel, lumber, concrete, or any other material. While the price of money used in construction work does not fuc- tuate as the other factors necessary to the completion of building, capital is, nevertheless. just as susceptible to the varying influence of the situation. Therefore, the mortage market and the real estate bond market must always be viewed from this standpoint, and when any rates out of line with the general market are discovered, it is well to beHr in mind the co-relationship that exists between the borrower and lender.
The Birmingham age-herald., 1924-09-07
FAIRVIEW PIECE
 TO BE DIVIDED
Announce Development Of 9O-Acre Sandefur
 Tract

Opening of new subdivision to the west of Birmingham was anonunced Satuday, when engotiations were closed for 90 acres adjoining the State Fair Grounds, known as the Sandefur tract.
 Development of the property which will be sold in sections, is to commence immediately under the supervision of W. E. Kelley, civil engineer. Side walks, curb and butter, macadamizing of streets, water, excellent sewerage facilities, gas and lights are promised by the developers.
 It is estimated that the tract will be split into over 400 lots, to be sold at moderate prices. Sales will be in the hands of Kelley and W. H. Tharpe and Go.
 The acreage to be developed has been in the Sandefur family's hands ever since the grants from the government and is situated in the path of residen- tial growth between Birmingham proper and Fairview. It is over One-half mile long extending from the South Ensley car line to near the West End car line, and about one-half mile wide. It is cut by Long boulevard and attempts will be made to have the city open new thoroughfare through the prop erty which will eliminate considerable distance by automobilists moving to the western section.
The Birmingham age-herald., 1924-09-07
Realty Transfers

H. A. Elkourie to c. P. Gillespie, lots 6, z, 8, 9, 10 and II, block "A, ac- cording to Elyton Land company's sur vey of Birmingham, for $4.0OO.
 R. H. Mamrick and wife, Ida A. Hamrick, to Abe Salkend, lot l, block 26, according to the survey of the Ensley Development company, for $2,- 575.
 Realty Purchase company to w. H. Burger and wife, lots l, 2 and 3, block 320, according to Markaret Walker addition to Birmingham, for $2,50O.
 Owenton, Ensley Highland Land com pany to George D. Brigsman, lot 29, block 5, according to a survey of Owen ton, for $3,000.
 Neita Self Fortenberry to Clyde R. Beasley and W. T. Mathis, lot II. ac- cording to z. A. Parker's survey, for $200.
 Central Park Highland Land com. pany to A. L. Clark, lot IS, block 2, according to Central Park Highland Land company, for $1, 800.
 R. E. Chadwick and S. c. King to G. o. Howard, lot 13, block 9, accord ing to Carey Land company's survey of Fairfield, for $3,200..
 F. A. Hewitt and wife, Nettie Hewitt. to J. l.. Davis. lot 2, block c, according the survey of Cretsview, for $1.75O
 Aubrey c. Cooper to l.. c. Herman. lot B, block %, according to the SIT. vey of the Central Park Land company. for $400. -'
 Birmingham Realty company to Hat. tie Moughon, lot 23. block 8, according to Birmingham Healty company's fourth addition to Birmingham, for S2, 2,5OO.
 John A. Sellers to Tom and Susie Hart, lots 58 and 59,, block I. accord. ing to West Princeton's survey, for S1,-
 Sudduth Realty company to c. R. Dowdy, lot 17, block 1, Elyton Land company's survey of Birmingham, for
 Eugenia Ermnnd Chichester and John D. Chichester to Twenty-third Street Baptist church, south, lots IA and 15, block IA, according to Elyton Land company's survey of Birming- ham, for $3,OOO.
 Central Park Highland Land com pany, Inc, to F. L. Clark, lot 19, block z, according to Central Park Highland companys survey, for $1,2OO.
 .
The Birmingham age-herald., 1924-09-07
OLD LANDMARK FIR M AGAINST
 CITY'S GROWTH
Birmingham To Have It's Own Trinity Church
 In Later Years

While the expansion of the business district has moved downtown churches outward in several examples, Birming- ham apparently is to have it's Trinity Church"
 This is the First Presbyterian church at Fourth avenue and Twenty-first street which occupies perhaps the most valuable downtown site not used for business purposes. Despite several handsome offers, the church holds firm ill its determination not to relinquish it's property and from expressions this position will defy all encreachments of business structures.
 The appraised value of the First Presbyterian property is now near $350000 and with the new Remont hotel and other developments in the vicinity the figure is expected to rise considerably above that point. It is generally admitted to be one of the strategic corners in the downtown property movement.
 Slightly over two years ago the church made a decision which may ulti- mately mean it's establishment as Bir- mingham's Trinity"
 Offered For Sale.
 At this time the church was offered for sale at a price around $175,000 but no buyer thought well enough of the investment possibilities.
 The congregation then launched an extensive improvement program at the cost of several thousand dollars. Older members of the church breathed more easily with this development begun, since they felt it would serve as a permanent bar to sale of the building Many sentimental attachments have been formed for the present edifice since it is nearly 40 years old.
 The church even now has a still fur ther expansion program in mind, which calls for an additional unit to the building. Just when this will be car ried into execution is not known, but it will be- another argument toward making the building a real landmark of downtown property.
The Birmingham age-herald., 1924-09-07
DEMAND FALLS
 OFF IN FAR M
 LAND MARKET
Values Depreciate Near 50 Per Cent Since
 Peak Period

The bottom has apparently dropped out of the market for farm lands.
 A survey of Birmingham dealers featuring farm property develops that there is only a slight demand, with prices far under normal. Further than that, few see little encouragement for the future.
 Many brokers, who formerly made farm lands an important branch of their business, have turned to other and more active fields of real estate. The sale of any acreage over a quar- ter of a section is considered noteable enough for holiday.
 Values are generally off around 50 per cent since the peak of five years ago. This is particularly true or the southern counties as prices remain fair ly firm along the Tennessee valley.
 Cotton Prices Off.
 Low levels in cotton quotations has made farming a serious economic prob lem and caused difficulty in obtaining tenants for the property, 1t is said.
 J. E. Penney, Birmingham capitalist and one of the authorities of the state on farm property, who has just re- turned from a trip through the western and northern districts, has some par ticularly pertinent remarks on the sub ject.
 Existing conditions here of slack de- mand for farm property are general throughout the country, as he finds it.
 Money which was formerly attract ed to farms, is now being used for in vestments in city property, apparently because of the speculative aspects" he declares.
 Labor Prime Factor.
 Penney points out two contributing factors to the depreciation in farms values besides the price of cotton-labor and the boil weevil.
 'There is no getting behind it." he states, 'the exodus of the negro north ward has harmed our farming con- munities. Even those negroes who have remained but in a few instances can be hired to work in the country. The success of cotton as a crop always has been, and always will be, depend ent on negro labor.
 While the boil weevil has not been so active this year it was it's maraud- ing that drove many people from the farms. Its absolute defeat by scien- lists is undoubtedly only a matter of time, but it will be a long while be- fore the people it drove away, return.
 'Diversification of cropsi No doubt a good idea, but I do not believe 1t ie in general practice. It is a difficult matter to get the southern farmer to desert his cotton"
The Birmingham age-herald., 1924-09-07
ACTION ON BANK
 EXPECTED SOON
W. H. Kettig Seeks Official
 O.. K. By Parent Board

W. H. Kettig, member of the district federal reserve board now in Canada, is expected to be in Washington some time this wek when plans for the Bir- mingham banks new home are to be brought up for official approval.
 While this matter is considered mere Iy as one of form. an official o. K. on the plans by the parent federal reserve board is necessary.
 The Atlanta headquarters of the district will have charge of the con struction here and 1t is likely that an architect who fully understands the type of buildings used by the federal banks will be employed for the work in cooperation with local architect.
 Plans for the building will be com pleted when the Fifth Avenue Pres byterian church gives possession of the property February 1. It is said prob able that the entrance to the bank will be on Fifth avenue, with over a 100 foot frontage on Eighteenth street
The Birmingham age-herald., 1924-09-07
REALTORS ENTER SPIRIT OF FALL MOVING SEASON

M OWING season will have it's IVM sinister aspects to real estate
 men this fall as many of their offices are to be affected by de- velopments in downtown property. Headquarters of at least seven firms are to be moved before Octo- her 1 which will result in general change in the character of the fabulous realty row
 The Beathea Real Estate and In surance company for p years To- cated at, 2O27 Third avenue, will remove to 2127-29 Third avenue in offices now occupied by the Vaughn Realty company.
 The Vaughn firm will move to POPS Fourth avenue, one of the spaces in the building erected re- gently by the Caldwell Investment company.
 Two other organizations will also occupy the new Caldwell building. These are the ElliOtt-Hamm Realty company, one of the rising younger combinations, and the Nelson Real Estate and Insurance company.
 The Butler-G Garrett agency, an- other of the offices affected by the raging of the building at Third and Twenty-first streets for the Bankers Mortgage Bond structure, is to oc- cupy new offices at SIS North Twenty-first. R. B. McCoy's com pany, now situated at 218 North Twenty-first, will. move a block to offices at 108, formerly used by the E. R. McDavid, Jr., company. The McDavid agency has recently moved to 21O0 First avenue.
The Birmingham age-herald., 1924-09-07
HOT WEATHER
 FAILS TO STOP E. R. c. SALES

A UGUST, with all it's torridness A and the proverbial business
 slump in hot months, failed to place n damper on sales of the Bir- mingham Realty Co.
 According to report of officials of the company, August proved one of the best months of the calendar, again refuting the theory that real estate moves only in seasons"
 Sales figures for the firm ran around $150, ,000, bringing the first eight months total above the entire previous year which stood as a rec ord.
 A prediction that business will continue exceptionally strong throughout September and the fall n0nths is made. .fs
The Birmingham age-herald., 1924-09-07
BUILDING PERMITS
 AT NEW RECORD
August Figures Double High Of
 Similar Months

Building permits in August more than doubled the amount of the best previous similar month on record, it is shown by the Chamber of Commerce monthly survey.
 Valuation of $1,744 ,959 was recorded in the month against $660,116, $792,- 991, and $44,171 set in 1923, '22, and '21, respectively. Number of permits also scored a new high mark running $50, 429, 465 and 40S in order.
 The report points out that PA resi- dences were constructed here in Au- gust at a cost of $5S7 300 while the total building figures exceeded last years entire sum by $100,O0O. The estimate in this case is placed at $12,- 166.946.
The Birmingham age-herald., 1924-09-07
MDAVID TAKES
 OVER ADDITION
Company To Sell New Property
 In South Highlands

The first addition to South High lands, formerly promoted by Jemison and Co.,, has been taken over by the E. R. McDavid, Jr., Real Estate and Insurance Go. Sales are to begin im- mediately.
 The subdivision lying south of Mill ner Heights on the side of the noun tain, offers some exceptional advan- tages to residential development. It contains S19 lots about one-third of which have already been sold.
 Building in this district has reached a high mark and several homes of size and beauty are now in the course of construction.
The Birmingham age-herald., 1924-09-07

wisely invested in this district now, may be worth fifteen or twenty thou sand dollars 20 years from now. Again, it is all right to persuade young man to get into debt for a good piece of property, provided he is not induced to Over-buy. An easy-payment mortgage on small rented property is a fine incentive to young fellow to save money that he otherwise might con tinue to throw away simply because it so often seems hardly worth while to try to save such amounts as he thinks he can take out of his salary. The habit of saving in small amounts can grow upon a man just as easily proba- bly as the habit of spending all to the limit. Let the young man realize that investments made in early manhood are likely to grow as he grows; while if he waits hoping to be able to buy a fine, full-grown piece of developed property when he has accumulated suf- ficient means, likely. as not that time will never come.
 Opportunities Many
 Surely the opportunities here are numerous and varied. Moderately priced properties on the edge of the business areas, large selection of in- come bearing negro property, many beautiful subdivisions, numerous fac tory districts, Shades Valley, and Shades Mountain-what larger assort- ment in a growing district can one look for than is to be found here?
 Tn conclusion, to the real estate salesman we would repeat: Get a new vision of the important service you can render the public in conscientiOusly and intelligently selling your wares ; and to the public we would say: Try to understand more completely the salesman when he wants to enroll you among the property-owning class of citizens "a .,
The Birmingham age-herald., 1924-09-07
Marriage Licenses

Fred G. Lytle, 24, and Evelyn Stone, IS.
 Meldon Wood, p, and Lois Wins, 19. Carl Owen, 36, and Mary Hamber, 32. Will Johnson, g, and Annie Bur ton, g.
 Luther Hargett, 19, and Lula Den ham, 20.
 James Eason, 21, and Gladys Eas- tep, IS.
 Conner Lowery, 21, and Claudio Wood, IS.
 Christian Smith, 21, and Elcie Woody, 9. Herbert o. Wilborn, 21, and Stiner Watkins, IS.
 George Smith, 21, and Hester Lee Lindsey, IS.
The Birmingham age-herald., 1924-09-07
WOMAN IS KILLED
 IN JUMP FROM CAR
Was Frightened By Smoke From
 Exhaust Pipe

GAINESVILLE, Ga, Sept. 6.-Mrs. Willie Harrell of Chipley, Fla, be- came frightened when she saw smoke rolling up from an exhaust pipe of her automobile this morning and ap- parently fearing the car was on fire, leaped from the machine. She died al mots instantly of broken neck. The body is being held here for relatives. Mrs. Harrell had been visiting her and had just started in her car for the re- turn trip, being accompanied by four small children.
The Birmingham age-herald., 1924-09-07
SOUTHSIDE WAITS
 FOR DEVELOPMENT
Crossing Tangle Causes Uncer-
 tainty In Values

The viaduct-underpass controversy has so far had little visible effect on the real estate market. While there have been a few trades on the south side these are few and far between in comparision with the importance of the development.
 Dealers account for this by the gen. eral uncertainty surrounding the situa- ton. When General Sibert's project was first "agreed" upon, values were very unstable; owners could not de termine what to ask nor buyers, what to bid.
 As matters moved on and it became evident that the viaduct proposition was to meet with considerable opposi' tion, the condition still existed.
 At the present time it appears that the section across the tracks will see little speculative trading until the prob lem is finally settled.
The Birmingham age-herald., 1924-09-07
BOWRON TO SPEAK
 AT ENSLEY CHURCH
Steel Man Is Student Of Bibli-
 cal History

Col. James Bowron, chairman of the board of directors of the Gulf States Steel company, was scheduled to oc- cupy the pulpit of the Ensley Highland Presbyterian church at the morning service Sunday. Colonel Bowron is a speaker of unusual brilliance. He has travelled in many parts of the world and is one of the best informed men in the state on Biblical history.
 The invitation to Colonel Bowron was given on account of the absence from Birmingham of Rev. Laurens D. Brubaker, pastor, who is directing q hoys' outing at Camp Wannataska.
The Birmingham age-herald., 1924-09-07
NIX INsPECTs ALTAMONT.

George Nix. Atlanta official of the Altamont Building Co.,, was in Bir- mlngham Saturday inspecting the com pany's apartment on Highland avenue. Nix highly commended Mark Hodo and the Smith-ThrOckmorton-Schultz firm as rental agents for the building. He further emphasized future expansion possibilities in Birmingham.
The Birmingham age-herald., 1924-09-07
Inaugural Week Of Fall
 Finishes Sensationally
Feature Of Day Is Diversified Deals; Sandefur
 Tract Goes At Around $125,OOO

Predictions that Birmingham real moving toward the greatest fall in it's history given added emphasis Satu
 day. when around $40000 worth of transactions dvuged in the local market.
 feature of the days trading the cosinf of negotiations for the Sandefur tract 90acre located of the land
The Birmingham age-herald., 1924-09-07
MCGUIRE ENTERS REALTY.
Salesman Added to Franklin.Pattou
 Real Estate and Insurance Co.

Real Estate and Insurance Co.
 Bob Mcclure, formerly with the brance offices of Morris and O., has been added to the sales force of the Franklin-Patton Real Estate and In- surance Co. Mcclure has q wide ac- quaintance here through his connection with the meat packing industry in and out of Birmingham for IS years.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-02-02
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