davidaulloa/AmericanStories huggingface dataset:
Evening star., 1934-01-06
GOODYEAR TIRE CO.
ACQUIRES NEW SITE
Work May Be Started Soon
on 100000 Home at Con.
nectiCut and N.

A lease was signed this week whereby
the National Savings & Trust Co.
transferred to the Goodyear Tire &
Rubber Co. the property at Connecticut
avenue and N street for the new home
OF the latter concern here, expected to
be erected Immediately at cost under
stood to be in the neighborhood of
100000.
In connection with the lease. an in
teresting history concerning this par
ticular tract of land is related
This property was purchased by the
British government for its embassy in
1873, when Great Britain'S Ambassador
to the United States was Sir Edward
Thornton, and Washington had a
population of approximately 10000.
Gen. Ulysses S. Grant was the White
House occupant and Salmon P. Chase
was Chief Justice of the United States
Supreme Court.
At the time the British embassy was
built, so years ago, it was the first
structure bordering on the pretentiouS
type in the northwestern section of
Washington, and the city limits then
extended only to Florida avenue and
street. During the World War large
temporary buildings were erected on
the Nineteenth street frontage of the
embassy property for use by the addi-
tional staff personnehrequired. In 1928
the British government built its new
embassy on Massachusetts, avenue.
The Goodyear Co. now has its Wash
ington headquarters at 1851 Fourteenth
street, but plans to occupy its new home
in the early Spring. In addition to
housing the offices Of GoodyearS Wash
ington staff, the building will be
e.. - 11p,N
and specifications calling for a service
station.
The property extends through to
Nineteenth street and occupies an area
of approximately 10000 square feet,
having l43 feet facing Connecticut ave-
nue., 254 feet along N street and 130
feet on Nineteenth street.
The lease was negotiated by J. j.
Breen Of Akron, Ohio, and J. M. Parker
of Thomas J. Fisher & Co., Inc, Wash
ington.
Evening star., 1934-01-06

Continued From First Page)
are located in relatively small cities.
Fahey stated, the value of such insti-
tutionS in serving thrift and home
financing needs even in the great metro
politan centerc is shown by the fact
that two associations of considerable size
have already been chartered in Chicago,
and one in Detroit. Charters have like
wise been granted in Birmingham, At
lanta, Richmond, Little Rock, Miami
Tampa, Davenport Iowa: Fort Wayne,
Ind, and in one of the principal sub
urbs of st. Louis. The board has also
received many inquiries as to the steps
to be taken in converting into Federal
associations, established home financing
institutions which have operated in the
past under State charter
Back of every application to organ
ize a Federal savings and loan associa-
ton" Fahey continued, is belief on
the part of to so or more civic leaders
in the city that the time is now at hand
to furnish sound investment facilities
for the savings of local people of large
and small means and, in dong SO, TO
develop adequate home-financing re-
sources for that community'S own needs.
That belief is strengthened by the op-
portunity for constructive public service
which the operation of local thrift in
stitution naturally affords.
There is a striking parallel in this
trend to conditions prevailing in Amer
lea over century ago, when our first
mutual savings bank and building and
loan associations were formed as local
thrift agencies. People today evidently
have money which they wish to invest,
but they intend to invest it only where
they know it is reasonably safe. and
Evening star., 1934-01-06

have tentatively been set for January
8. Consideration Of proposed codes for
the apartment house management bust
ness were postponed for short period,
following the preliminary hearings The
associations codes in these fields will
come before the MdWinter meeting
The Coral Gables meeting will thus
have before it for action basic dOcu-
ment proposed to become Federal law
governing trade practices as well as
employment conditions for every indl-
vidual and firm engaged in the real
estate brokerage business. 1t viii be
considering that proposed law on the
basis that it will apply for at least the
next tWo-year period, and on the basis
Of its influence for an indefinite period.
In addition to the codes which will
be under review, the meeting will have
before it the question of changes and
Qualifications to be asked in regard to
the Federal securities act; the acutely
important question of legislative pro-
posalS for real estate financing, and
the question Of appraisal. particularly
as it relates to Federal agencies con-
cerned with mortgage financing and re-
financing.
The proposed code for real estate
brokerage contains sections Of great
public Importance, outlaWing certain
practices clearly recognized as unethlcal
IN the negotiation of real estate transac-
tions and in the making Of real estate
appraisals. These provisions are OF
great Importance in safeguarding real
estate investment and financing. includ-
ing construction financing and financing
through security issues.
Registration Provided.
An important provision of the code as
1t will come up for public hearings
would empower the code authority to set
up such registration for all persons in
the industry as may be approved by the
administrator. The code provisions for
registration and its other provisions in
no way supersede or modify existing
State real estate brokerage license laws
where the State law is more stringent
than the provisions of the code.
Housing policies Of the Federal Gov
ernment as they have thus far been
developed will be discussed. Edward A.
MacDougaI, chairman of the associa-
tions Housing Committee, will report on
these policies as they affect the business
Of real estate. The great Federal real
estate inventory, which the association
asked be made and which is now being
launched in 60 cities, will also be re-
viewed. .
Evening star., 1934-01-06
DWELLING PERMITS
LEAD BUILDING
Construction of 27 Homes
and One Apartment House
Authorized.
Continued From First Page.)

Continued From First Page)
the week ending Thursday totaled s14.-
528 in value.
The cost of dwellings for which per-
mits were issued last month was esti-
mated at $208, 300. Ip addition. one
$4,000 apartment project was author
lied. Repair work during the month
totaled $68,030.
OF the new construction money ex-
pended here in December, $218, 900 was
IN the Northwest section, $19,400 in
Northeast and s12 400 in Southeast
Permits issued during the past week
included the following:
r. L. Bradshaw, 1927 Connecticut
avenue, owner; Dillon & Abel, designer
L. E. F. Prince, 1927 Connecticut ave-
nue., builder; erect one 2-story stone,
brick and tile dwelling, iii Holly
street; to cost $4,000.
AnacoStia Lodge, No. 81, F. A. A. M,
owner; j. A. Cook, Bond Building,
builder; make repairs 2OOG Fourteenth
street southeast; to cost $1,000.
National Metropolitan Bank, GLIB Fiji
teenth street, owners; j. A. Cook, Bond
Building, builder: make repairs, 47l9
Conoult road, TO cost $500.
Peter Conkinos, owner; j. A. Cook,
Bond Building, builder; make repairs,
3709 Macomb street; to cost $4O0.
Union Trust Co., owner; J. A Cook,
Bond Building, builder; make repairs,
8l9 Market place; to cost $500.
Abram Johan. 1922 North Capitol
street, owner and builder; w. B.
Honey, architect; excavate for cellar
and underpin walls, 1922 North Capitol
street; to cost $500.
Raymond Lurba. 626 Earle Building,
owner; Maurice Gumenick, l706 Six
teenth street. builder: repair 1911 z
street; to cost 5000.
I L. S. Moffett. 1902 Second street
northeast owner; G. S. Bennett, l7l9
K street, to erect frame garage, 1912
Forty-seventh street; to cost $500.
Peoples Drug Stores, Inc, 507 Sew
| enth street, owner; Earl S. Haislip,
builder; to erect temporary storm doors,
505-507 Seventh street; to cost $3.50.
Thomas j. Fisher 81 Co, owners;
r G, Archer, Jr,, architect j, S. Dave
builder: to erect one History brick
addition, 1903 De Sales street; to cost
500.
Miss Josephine Keller, Chevy Chase
| Nd, owner; E. w Beck. TIC Ninth
street northeast, builder: to erect metal
garage. 202 Sixteenth street southeast
to cost 500
Iowa Apartment House Co., owner;
TO erect temporary scaffold TO be used
, while painting up wall, Thirteenth and
o streets; to cost 500.
Evening star., 1934-01-06

bed rooms and two complete baths,
opening from a spacious hall. The bed
room closets and the two large linen
closets in the hall are all under the
caves, eliminating the inaccessible
waste space which is usually in the
tops of closets.
The simplicity of the plan provides
most economical construction and the
alignment of partitions and openings
guard against unequal settlement, thus
preventing plaster cracks and sagging
doors. The exterior has been designed
for red brick walls and black slate roof,
with all trim painted white. The in
terror is plastered, excepting the den,
which is paneled in oak and waxed An
iron handrail Is suggested for the stairs.
The house contains 27000 cubic feet
and would cost between $4,000 and
$4,000 70 build, it is estimated.
Evening star., 1934-01-06

Within the house, all the important
rooms face the garden. Designed to
meet the requirements Of a family Of
modest means, with large rooms which
do not neceSsitate domestic help. the
plan provides ideal facilities for enter
tanning. A spacious foyer connects di-
rectly with all parts of the first floor,
the upstairs and the playroom in the
basement 1t is hanked by the hos
pitable living room to the right, and the
coZy den, or mans room, to the left.
This, with its accompanying lavatory,
also makes a handy extra guest room.
The dining room is away from the front
door, assuring uninterrupted meals. The
kitchen Is so placed that 1t permits easy
and to the terrace.
The second floor provides three large
Evening star., 1934-01-06
cAlong
Realty
Ron

YNDER the direction of Fred A.
Smith, chairman Of the Pro-
gram Committee of the WASH
~ ington Real Estate Board, plans
are going forward rapidly for
the dinner dance of the board to be
held February l3 at the Columbia
Country Club.
Marking the revival Of social gather
Evening star., 1934-01-06

~ ESTGNED to make the best
possible use of the average
narrow frontage lot in subur-
- ban areas, the accompanying
illustration depicts house OF
simple plan suited to typical 50-foot-
wide strip Of land.
The plans were drawn for The Star
by Thomas Hall Locraft, A. l. A.
The house has the maximum width
permissible, and only the secondary
windows open toward the neighboring
dwellings. The front yard, entered
in treatment featuring a bed of flowers
in the middle of a circular approach.
The rear garden and terrace, opening
from the three principal rooms, become
an outdoor living room, made private
by tall hedges.
Evening star., 1934-01-06
CONTRACTORS TO MEET
500 Delegates Expected to Attend
Session January 20.

The annual convention of the Asso-
ciated General Contractors of America
will be held in the Willard Hotel, be-
ginning January 20, it has been an
nounced.
E. j. Harding, Munsey Building. is
managing director of the organization.
Approximately 300 delegates are ex-
pected to attend the meeting.
Evening star., 1934-01-06

LIlc F1Oel1Ly invest
ment Association of
Wheeling, w. Va,
with local Offices In
t h e S ore h a m
Building. Mr.. Trey
has been in the
Washington re a !
estate field for more
than IA years, hay-
ing received his
start with the old
N. L. Sansbury Co.
He became asso-
ciated with Tilden
Gardens in 1927,
when the first unit
was un der con-
structiou.
Evening star., 1934-01-06
White Is Last Word" "

NEW YORK. N. Y,-White furniture
is the last word in home interiors, &C
cording to leading decorators. The new
fashion Of white chairs and white
tables, finished in enamel or lacquer,
encourages the conversion of old.
SCARED and worn pieces, it is pointed
out.
Evening star., 1934-01-06

through individuals and institutions
whom they know and in whom they
have confidence. Federal savings and
loan associations provide thoroughly
suitable method for handling and safe
guarding such funds within the COM
munity served"
Evening star., 1934-01-06

1ll6o Va UOdA0 Ai1CAAA-
bers. associates and
employees. the event
will be an elaborate
one, according to
plans now under
way. Dinner will
be served at 7:30
o'clock, after which
there will be en-
teri ainment and
dancing.
Karl z. FARRELL
has been a appointed
chairman Of the
Committee on Ar
rangements for the
dinner. He will
be assisted by Jo-
seph A. Herbert, jr.;
YUY.1N.
Evening star., 1934-01-06

L. T. Gravatte and r. Marbury Stamp.
Entertainment is being arranged un-
der the Craftsmanship of NJ. p Candy,
assisted by Ralph H. Bangs, Norman c.
Brown, Waverly Taylor and Robert
Montgomery. Edward r. Carr will be
in charge of music. The Ticket Com
Evening star., 1934-01-06
Washington real

washington real
tors planning to attend the convention
Of the National Association Of Real
Estate Boards at Coral Gables, Fla,
January 16 to 20, include President Mil
Ter, II. Clifford Bangs, Waverly Taylor,
Evening star., 1934-01-06

mittee is under the Craftsmanship Of j.
G. Weldon, tr.
The Property Management Committee
Of the Washington Real Estate Board is
making study OF problems connected
with the inspection and license regula-
tions. Under the Craftsmanship of
Francis A. Murray a number of meet
ings have been held.
Hugh C. Trey, former manager Of
Tilden Gardens, Is now associated with
Evening star., 1934-01-06

Announcement has been made that
the weekly business conference of the
Washington Real Estate Board has been
changed back to Tuesdays in the Am
bassador Hotel. 1t was held on We'd
nesdays for a brief period.
Evening star., 1934-01-06
CAPITAL REALTORS
TO PLAY PROMINENT
PART AT CORAL GABL ES

Continued From First Page.)
Evening star., 1934-01-06

Lee Counselman is now Conducting a
real estate and brokerage Office at 1900
Twenty-hrst street, at the corner of P
street.
Evening star., 1934-01-06

H. E. Doyle. Clarence F. Donohoe and
others.
William c. Miller. president of the
National Association of Real Estate
Boards, accompanied by Mrs. Miller, is
spending the week end in Atlantic City.
Evening star., 1934-01-06
OCCUPY NEW QUARTERS
Griffith Consumers Co. Lease New
York Avenue Property.

Griffith Consumers Co., formerly
housed at 1919 G street, is now located
at 1413 New York avenue having oc-
cupied the new quarters since the first
of the year.
Lease OF the New York avenue
premises, a four-story structure, was
negotiated through the Office of Carl
G. RoSinski, realtor. The lease was
from the Riggs National Bank as
trustee
Evening star., 1934-01-06
NEW LOAN UNITS
ARE SET UP UNDER
FEDERAL CHARTER

Continued From First Page.)
Evening star., 1934-06-24
Dividend Changes

BY the Associated Press
NEW YORK, June 23.-Favorable
dividend changes in the last week
GUS than in any week since Decem-
Der, 1880, according to the Standard
Statistics Co. of New York. Un-
favorable changes totaled II, an in
crease of 2 over the previous week.
Details Of changes in last week:
Favorable.
Increased - Smyth Manufacturing.
Fall River Trust Co.. Gibson Art,
Merchants & Mechanics Bank Co
lumbus. Ga). Philadelphia National
Bank. Title & Mortgage Guarantee
New Orleans, Waterloo Trust &
Savings BSnk (Ontario). Amoskeag
Co, Austin Nichols class A. Brem-
mer-Norris Realty Investments, Coll
yer Insulated Wire. FoStoria Pressed
Steel, Minnesota Mining & Manufac-
turing, American Discount.
Resumed-American Optical. Aetna
Life Insurance. Swiss Oil, American
Surety, Barcelona Traction. Light &
Power; Joseph Dixon Crucible, Amer
ican Thermos Bottle. Detroit Paper
Products, Photo Engravers & Elec-
trotypers, Ltd; Pyle National Co.,
Sloan d Eook Producing.
Extra -~ Industrial Credit Of New
England, Chicago Daily News. Build@
ers' Exchange Building CBaltimore)t !
Garlock Packing, Universal Leaf To-
bacco, Columbia Wise g. Manufacture
ing, Larnont CorlisS, Canadian In.
duStries common A. Canadian Indus
tries common B, Great Lakes Engi-
neering Works, Munsey Trust Co.
(WaShington).
Initial - Martel Mills preferred,
Union Bank & Trust Co. Oos An
geles). National Cash Register. Sc
curity First National Bank clos An
geles), Boatmen's National Bank (St.
Louis), Oil & Industries, Inc: PetIcl
Oil & Gas. Ltd; Victor Brewing.
Unfavorable.
ACKNOWLEDGEMENTS Bridge & Iron,
Chatham Savings & Loan (Savan-
nah), Coleman Lamp & Stove, West
inghouSe Air Brake, Brockville Trust
g. Savings Bank (Ontario). Cleveland
Union Stock Yards, Consolidated
Mining & Smelling, Household FL
nance participating preferred. Third
National Bank & Trust (Springfield.
MaSs).
PaSsed-Occidental Petrol, Wailuku
Sugar.
Evening star., 1934-06-24
New York Cotton
v the Associated Press

By the Associated Press.
NEW YORK, June 23.-After
moderate advance in the early trading
on unfavorable weather reports from
the Southwest, cotton reacted par
TALLY today under continued July
liquidation and week end realizing.
October contracts after advancing to
1926 or points above yesterdays
closing finished at 1922 with the
general market ended steady at net
advances of 3 to points.
During the first hour in addition to
covering and local or scattering COM
mission house demand, there was
buying here through brokers with for
elgn trade connections, and prices
showed considerable firmness on the
outlook for continued dry weather in
Texas tonight and tomorrow.
Active months sold to 10 points
above the previous finals. with july
advancing to 1199, and December to
1898. but July liquidation continued
in considerable volume and there was
some scattered selling in the late
trading. Closing quotations showed
reactions of about 4 to 5 points from
the best on the more active positions.
There was heavy switching from
July to later months, but the trade
bought July freely at the wider diff
ferenceS and the selling of the later
deliveries was absorbed by buying on
the weather news and the favorable
action of the wheat and stock
markets.
The amount of cotton on shipboard
awaiting clearance at the end of the
week was estimated at los, 900 bales.
against $4,000 last year, and 74,00O
two years ago.
The range follows:
Evening star., 1934-06-24
Commodity Price
Changes for Week.
BY ii. n. McGILL.
Editor. McGill Commodity Service, Inc.

Editor, McGlll Commodity Service, Inc
AUBURNDALE, Mass, June % up.
Commodity prices during the third
week in June registered definite
strength. The increase is due pri-
marily to live stock quotations which
have recently moved upward at a
rapid pace. In the past week alone
the composite index advanced ap-
proximately six points. Cattle and
hog prices are quoted more than 81
per hundredweight above the low
point earlier in the month. Other
price changes were Of relatively mar
row proportions. During the week
five groups advanced, four declined,
while five remain unchanged.
Industrial prices recorded the
fourth consecutive advance, although
in each case the increase was of a
limited character.
Farm Prices Ease.
Agricultural prices represented one
OF the five groups to decline. The
decrease was due primarily to grains.
A check-up shows lower price aver
age for wheat. oats, rye and fiaxseed,
which more than counteracted mod
crate price strength in corn, barley,
cotton, eggs, hay and butter.
Live stock prices advanced sensa-
tionauy compared with changes in
other groups. Cattle quotations are
now the highest since late 1882 and
hogs approximate the high recorded
last February, which in turn was the
highest since September, 1898.
Hide and leather prices accounted
Tor the second group that ruled
lower. Hides held steady at 10 cents
while the composite figure of hides
and leather index was affected by the
cent decline in betting leather.
Ferrous metals. following several
weeks of price stability, moved up
ward. as the price of cast iron pipe
was advanced So per ton.
Paint materials were moderately
lower, the change being due primarily
to slightly lowerSQuotation for rosin.
Coarse Textiles Down.
Coarse textiles continued the down.
ward price trend and during the
past week burlap recorded further
weakness and the price of sisal was
also revised downward.
Vegetable oils were one of the five
groups that advanced, the upturn of
the past week being attributable to
cottonseed oil which more than Offset
moderate weakness in china wood as
well as palm oil.
The five groups that remaint un.
changed during the weekawere builds
ing materials, chemicals non-ferrous
metals. paper and pulp and fine
textiles.
Most important price changes in
the McGill Weekly Price Index, 1926
equall1ng 100, are as follows:
Evening star., 1934-06-24


quotas. The colonies were forced to
take similar moves. but the dominions,
naturally. were left to act for them
selves. And they very definitely are
in no mood to strike at Japan, which
has come to be one of their major
markets.
Among the influences affecting the
industrial section of the stock market,
there is beginning to show a growing
apprehension of a Labor government
coming to power in 1886. Recent by
elections have encouraged this be-
lief. The feeling of many big invest
ment trusts and merchant bankers is
that the present National Government
is losing ground and will continue to
lose ground unless and until it pro-
duces daring long-ter1n policy which
will rally the mass of the voters. The
feeling, natural enough. is that while
a swing to labor is possible, it is dan
gerous to put money into industries
which may be nationalized, suppressed
'or crippled within three years. Busi-
ness Weeks correspondent under
stands on good authority that several
prominent men in financial London
have been in conference with high
parliamentary authorities and that
new planning policy for the national
government will probably be framed
and announced shortly"
Evening star., 1934-06-24
BONDS ARE STEADY
AS VOLUME LAGS
Prime Issues Keep Advance
and Some Secondary
Loans Rally.
BY VICTOR EUBANK,
Associated Press Financial Writer.


NEW YORK, June 23.-while prices
were fairly steady in today's brief
bond market, trading was virtually at
a standstill throughout the greater
part of the session.
Transfers totaled only $4,033 900,
par value, the lowest Saturdays ag-
gregate since September 9 last year.
This compared with a turnover of
S6,273000 on Saturday week ago.
The Standard Statistics Co. average
for go domestic corporate loans was
unchanged at 86.3 On the week this
average showed a loss of one-four-
teenth of a point.
News and views were scarce and
most potential buyers and sellers were
inclined to remain on the sidelines
until the political and economic out
looks become somewhat clearer At
the same time prime investment bonds
maintained their top positions and a
number of secondary issues rallied
moderately
Among gamers of fractions to a
point or so were loans of Armour &
Co, Baltimore & Ohio, st. Paul. Chi
Cago & Northwestern, Cuba Northern.
Denver Gas, Erie, Goodrich, Great
Northern, Inland Steel, International
Hydro-Electric. International Tele-
phone, Lehigh Valley, Louisville &
Nashville, Morris & Co., New York
Central, New Haven, Northern Ohio
Traction, Northern Pacific, Postal
Telegraph, Union Pacific, Western
Maryland and Western Union.
Small losses included liens of Wheel
ing e. Lake Erie, Warner Bros. Utili-
ties Power & Light. Standard Oils Of
New jersey and California, Southern
Railway, Southern Pacific. Pennsyl-
vania Power. Missouri Pacific, Ameri-
can & Foreign Power and Allegheny
Corporation.
U. S. Government securities were
unusually quiet and slightly mixed.
In the foreign department obligations
of Australia recovered up to 2 points.
The Germans, however, were again
reactionary.