St. Louis Post-Dispatch from St. Louis, Missouri • Page 25

Hg'IMilE! ST L0UIS POST-DISPATCH REAL ESTATE 'AUTOMOBILES PART THREE ST. LOUIS, SUNDAY MORNING, MARCH 29, 1936. PAGES 11 SC HOLD F. H. A.

Residences Recently Acquired; Design for Building CLINIC DURING WEEK BUILDER BUYS 14 ACRES WITH 500 REET ON LAY ROAD A tract of 14 acres adjoining Fair Oaks on the Lay road has been ao quired by Howard W. Godwin, builder. Cornet Zeibig and V. W. Reitz Jr.

handled the transao tion. The land, which has a front age of 500 feet on Lay road, is attractive for residences of a higher order with which the purchaser intends ultimately to improve it. Th seller, Rosalie Greffet, had owned the property more than half a century. Godwin has built a number of handsome homes in Oakleigh Lane. 1 1 mm IS $235,000 fOR CHASE BLDG.

copi Office Structure aj Maryland and York Avenues Acquired From Chase Ulman. Program Includes Dinner at Jefferson Hotel Wednesday Night 550 Already Made. A visualized demonstration of the Federal Housing Administration's function will open Wednesday, April on the ground floor. Title Guaranty building, 710 Chestnut street. The clinic, as it is termed, will fully present the service that institution is rendering to the public of St.

Louis, St. Louis County and Missouri, that of bringing ex :4 I I Fill I --w I in vim ip-iiphj fi. ti 'r) "('' II" i 'I IBI By Berry Moore. yr and Mrs. Oliver R.

Burkart tjve been disclosed as the pur-ehiiwri of th Chase Shops and Of- AARON T. FARRIS ACQUIRES HOUSE AT 556 STRATFORD Aaron T. Ferris, manager of th accounting machine division of th National Cash Register recently purchased a residence of English design at 556 Stratford avenue, through the Cyrus Crane Will-more Organization, Inc. The house has living room, dining room, hall and kitchen on the first floor. There are four bedrooms and two baths on the second floor.

ceptional opportunity for owning and equipping modern homes. In connection with the clinic, Rmldine, at tne noumweu cor- which is being sponsored on behalf of the local public by a representa nH Ynrk avennpa. of ier 01 tive committee of 27 members, wholly outside of the FHA, there will be a dinner Tuesday, at 6 p. in Hotel Jefferson, the guests in the I i ss. iifaasi "lra-ffii'-Mtl- V1 i lamTinnnniif -j main being interests closely linked with the FHA activities in the form of finances building trades and SAVE TIME House of English design at 556 Stratford avenue purchased by Aaron T.

Farris from the Cyrus Crane Willmore Organization, Inc. Kesidence at 4912 Pershing avenue bought by Mr. and Mrs. Clarence E. Maloy from Richard Baldwin.

Albert T. Terry, Son Co. effected the sale. allied industries. The speaker at 1 ESTABLISHED 7 owned by Chase Ulman.

Negotiating for the property were con-ihidfd several weeks ago by the Henry R- Weisels Co. representing tk purchasers. Burkart is president of the Burkart Manufactur-ir-K Co- Tht actual purchase price was jot disclosed. The warranty deed etrried $235 in revenue stamps, a ioiIr a thousand, or one per cent a valuation of $235,000. As part ef the purchase price, Mr.

and Mrs. Burkart transferred to Ulman 23 teres at the southeast corner of Clayton and Geyer roads, valued by realty men at hetween $2500 and $30K an acre. Both properties were unincumbered. lU-flwls Inflation Psychology. all cash with the PI- REALTORS TO HOLD SALES CONFERENCE AND MONEY, See "AFCO" First Based on experience of hundred of homo builders and owners of modernized homes, you can save valuable time and money by consulting "AFCO" about your Air Conditioning Heating System first.

the dinner will be J. Howard Audrey, Assistant FHA Administrator, stationed at New York, and the toastmaster will be W. R. Mayne, chairman of the sponsoring committee. Approximately 550 tickets for the dinner have been reserved and the interest manifest leads to anticipation of 750 guests.

Should this number attend it will be the largest event of its kind incident to the clinic, that at Chicago recently having been attended by HER FEBRUARY Exchange President Will Preside at Meeting to Be Held Wednesday Evening. Ten Concerns Expanded Facilities; Additional Investment Totals $144,000. Fully Automatic 588 persons. From the dinner the guests will go to Roosevelt High School Auditorium, where a public meeting is scheduled for 8:15 o'clock. a yjeption of the amount represented A sales conference for realtors, their salesmen and affiliated mem ml J.

Operation Plus FOR ADDITIONAL REAL ESTATE NEWS SEE NEXT PAGE in the Clayton-ueyer iraci, me purchase of the building is pointed to as a noteworthy incident of apparent reflection of inflation psychology. Ulman was represented in the negotiations by the Kempland Realty Co. The Chase Shops and Office Build-big, a three-story concrete fireproof structure, occupies a site with a frontage of 160 feet on Maryland j.nd 94 feet 10 inches on York. The Design for administration building to be erected i the 2400 block of North Leffingwell avenue for the Hussmann-Ligonier Co. William H.

Nelson Cunliff Co. has the building contract. Uniform, controlled temperature. Healthful humidity control. Healthful air circulation.

Healthful filtering of the air to remove dust, lint and pollen. A liveable, usable basement. Economical operation. Jut floor comprises seven stores bers will be conducted by the St. Louis Real Estate Exchange on Wednesday evening, at the Hotel Statler.

Gale F. Johnston of St. Louis, divisional sales manager of the Metropolitan Life Insurance with a territory covering nine of the Southwestern states and Hobard C. Brady, Secretary of the Wheeler, Kelley-Hagney Trust Wichita, and president of the Wichita Real Estate Board will be speakers. Brady, whose subject will be Militant Merchandising, is the head of an extensive real estate department and in this capacity has developed some new ideas for the management and sale of properties in charge of the company of which he is secretary.

Cyrus Crane Willmore, president, Cyrus Crane Willmore Organization, and president of the St. Louis Real Estate Exchange, will be the presiding officer. Arrangements for the Sales Conference are in charge of Arthur C. Hoehn, vice-president, Henry R. Weisels and chairman of the Exchange's Program Committee.

MONEY TO LOAN ON IMPROVED CITY AND COUNTY PROPERTY CORNET ZEIBIG 719 Chestnut St. OVER 50 YEARS MAin 4560 andHhe second and third floor offices. The exterior is finished in black carrara glass, terra cotta and brick. The equipment includes a gieam heating plant with twin boilers, an oil burner, and two Otis levators. The building was designed by Preston J.

Bradshaw, with W. J. Knight engineers. Approximately 75 per cent of the Continued on Next Page. L-lvSff ipf ill T1 1" -T fell Fl a H'V5 JJ I jjf If 3 eiMt Engineering Plan and Estimate Service Thirty-six years experience in designing and installing heating systems qualifies "AFCO" as an authority.

You can obtain this expert engineering service in designing the heating system for. YOUR home. It is available to Architects, Builders and Home Owners without obligation. For complete information write, phone or visit our showroom. OPEN EVENINGS American Furnace Go.

HOUSE AT 47 PORTLAND PL BOUGHT BY NELSON B. GATCH The residence at 47 Portland place, owned by the Davis estate, has been purchased by Nelson B. Gatch, a partner of the firm of Gatch Jordan and McKinney, through Mary Potter Love, Inc. The Davis estate is composed of Samuel C. Davis, John T.

Davis and Dwight Davis. The house until recently was occupied by John T. Davis. It is a beautiful Colonial residence with spacious entrance hall and broad winding stairway. The first floor includes panelled library, dining room and reception room.

There are five bedrooms with three baths on the second floor, a family bedroom with bath and maid's rooms with bath comprise the third floor. The garage corresponds in design with the house. The lot is 137x200. Establishment of seven new companies and expansions by 10 companies were reported for the St. Louis industrial district during February, it was stated in the monthly report of the Industrial Bureau of the Chamber of Commerce issued yesterday.

An additional industrial investment of $144,000 was represented by the new companies and expansions, which require the cervices of 99 additional employes. Existing floor space absorbed totaled 222,700 square feet, and 47,500 square feet of industrial space was constructed. JThe principal barometers of St. Louis business for February, 1936, compared with February of the previous year, were summarized in the report as follows: Building permits decreased 25.82 per cent; debits to individual accounts increased 19.93 per cent; bank clearings increased 15.88 per cent; post office receipts increased 5.45 per cent; local telephone calls increased 20.42 per cent; industrial electricity supplied by the Union Electric Light Power Co. to 197 identical customers increased 7.31 per cent, and industrial electricity supplied by the Laclede Power Light Co.

increased 2.47 per cent; water consumption increased 48.25 per cent; industrial gas consumption increased 13.5 per cent; revenue street car and bus passengers increased 14.97 per cent on the lines of the St. Louis Public Service Co. and the People's Motorbus Co. combined; value of milk production increased 11.16 per cent; revenue cars handled by the Terminal Railroad Association increased 23.67. per cent.

Bepay like rent over 20 yean tinder our PHONE K. FEDERAL HOUSING PLAN 2719-31 DELMAB BLVD. 0034 Air i For details, come to 2301 S. Kingshiglmay. Residence at 47 Portland Place purchased by Nelson B.

Gatch from the Davis estate. The transaction was handled by Mary Potter Love, Inc. WW. Attend the free F. H.

A. ptiblie meeting, Roosevelt High School, March 31st, P. M. 'fitemni aV! Louis County. Sewer, gas, telephone, electric and water mains have been installed, together with the construction of sidewalks, curbs and streets.

Attractive entrance gates have been erected. VENETIAN BLINDS The latest 1936 type have Improved Builders and Apartment Owners Price! Automatic atoa features. May we twint them out to Square Positive tilt device you. 'o charge for Foot estimates or Seasoned basswood Minimum 12 sq. ft THE FEDERAL LOAN PLAN HAS MANY ADVANTAGES 1, Th must satisfactory way of paying oil the home loan.

The cost i erv Installation. A nationally advertised Venetian Blind offered so low in price we've been asked to omit the name of the manufacturer. MID-CITY HARDWARE FR. 7724 4015 Window Shade Made to Order Any Quality, Size or Color VICTOR SHADE CO. CAbany 2368 6129 Page Ave.

I low mil ii spread over a lonj period of PLAT OF 'DEER CREEK A NEW DEVELOPMENT, FILED The plat of "Deer Creek Woods," a new residential development on the west side of Lay road in Deer Creek Village, has been filed with the Recorder of Deeds at Clayton, St. Louis County. The new subdivision adjoins on the north a tract of 68 acres at the northwest corner of Lay and Litzinger roads, given to the City of St. Louis by C. A.

Tilles for a park. "Deer Creek Woods." which is owned by the George Tilles Investment Co. will be handled by the Francis-Perry-Ruth Real Estate Co. It is being laid out with the highest type improvements, under the supervision of Roy Jablonsky, former surveyor and engineer of St. Ed Bakewell to Have Management of Chase Building.

Management of the Chase Shops and office building has been placed with Edward L. Bakewell. Construction of the building was started last, the project being the first of its type on a large scale to materialize since 1929. ROCK GARDEN Flagstone, rabbin for walls, driveway materials, agricultural limestone. Track or rail delivery.

Tbe Federal Plan doea away with fre-urnt renewals, frequent commissions ad other expenses. 0n tinle monthly payment takes rare ef all interest, principal, taxea and fire ad tornado insurance premiuma. I. Fach month the interest cost reducea; each month the principal payment correspondingly increases. I.

The monthly payment ia made fit wur income. No more taxea to pay ch December. No more inaurance premiums ecmin due at inconvenient timea. Taa monthly payment remains un-'ned during the loan. 7.

I'ader supervision ei the Federal Cover latent. L) jpaJ tA, HOME Big Bend Quarry Company Highland 1846 EVergreen 0288 The GENUINE STRUCTURAL GLASS INSULATION PERMANENT BATHROOM BEAUTX FOR COSTS LESS TO APPLY rat rv rc-- -a LOW IVTFRFST RATFS LONG TFRM LOANS lvtRite the Federal Loan PL Htm Proof Vermin Proof Sound Proof Dielectric Will Not Rot or Decay ZONOLITE new and better product for home insulation. A mineral product that insulates better, but COSTS YOU LESS. Easily applied by anyone. NEED MONEY FOR A MORTGAGE? If you need money for a Real Estate Mortgage of any kind, consult as.

Learn abont onr prompt service, moderate rates and convenient terms of repayment. We Have specialized for years In all forma of real estate financing and are fully qualified to belp yon aa we have helped others. Will Consider Application for Loans in St. Louis City and County. A'' at at if M.LOMS I F.DERAL AVLNCS Far at Term Inttrft.

3 to tS Yearn mt Alto Building Loan. IfMSfettt 14 rV 7 209 N. EIGHTH ST. ST. LOL1S Own Your Own Home For No More Than the Cost of Rent Burtd, But or Refinance Your Home with a Federal Housing Mortgage Loan.

Interest Rate 5 Repay Monthly, bice Rent. Monthly payments approximately $10 per thousand including principal, interest, taxes, fire and tornado insurance premiums, monthly service charge and FHA insurance. Service Charge (Commission) not to exceed 1 on existing construction. need not occupy that property' to obtain an FHA Mortgage Loan. Hemmelmann-Spackler R.

E. Co. CONTRACTORS. BUILDERS, HOME OWNERS WRITS FOR FREE SAMPLE BAG F. H.

A. Terms nd Cost ef Your Job MELCHER-SCHENE HARDWARE LUMBER CO. 4800 NATURAL BRIDCE AVENUE Montr MORTGAGE 1UAN CORRESPONDENT New York Life Insurance Co. (Established 1S90) 7th and Chestnut Sts. COUPON Sod Me Detail Lorl-Term Loans "111 EVergrcen 678 i--- IK A Federal Housing Mortgage Clinic will conducted April 1 to April 4 at 710 Chest, nut Street.

The public is invited to attend REAL ESTATE LOANS AT LOWEST CURRENT RATES This company represents exclushely as loan correspondent five large Life Insurance Companies, in addition to its other facilities. Inquiries invited. E. MAHAN COMPANY Color, lasting beauty, low cost and easy installation are reasons why Vitrolite is the popular choice of architects and home build crs who appreciate the value of permanence, sanitation and low cost. Vitrolite's highly polished surface does not crack or discolor.

For modernizing bathrooms it has no peer. This one, featuring BLACK VITROLITE in combination with smart decoration, is one of many ideas we can offer. EXCLUSIVE ST. LOUIS DISTRIBUTORS HADLEY-DEAN GLASS CO. ALL PAINTS MUSTGO! FACTORY CLOSE-OUTS WELL KNOWN MAKE BIG SAVINGS BUY NOW! PAITS -WALL ENAMELS pHCH id FLOOR ENAMEL FLATS and VARNISHES nilRMTlTir "VP Invite hnjurrta om Sc.

Louit and St. Loans Coemtj Property MISSISSIPPI VALLEY TRUST COMPANY Broadway and Olive St. Lotus PHONE S3 Glass for Every Purpose GARFIELD 0250 509 OLIVE ST. Guaranteed Fresh Stock ORDERS 11th and Lucas CEntral S700 gin An Attractive Home Design With Floor Plans and Home Building Suggestions Appear on the Last Page of this Section.