Oakland Tribune from Oakland, California • Page 24

OAKLAND TRIBUNE, SUNDAY, JULY 4, 1937, DEVELOPMENT AND. REAL ESTATE NEWS NEW OAK KNOLL HOME A SAN LEANDRO HOME nil IS DUD PAYS DIVIDEND is 1 Oak Knoll has become a scene of activity, and the cumber of visiting the tract 01W tst undiy, the opening day for the furnished display home, wai the tusiest for any single day In the rant five years, according to residents of the subdivision. "It is the intention of this to eRtablish Oak Knoll as a i ading home development project in the bsy area," said David Bo-i rinon of the Bohannon company. thin vear. we have started '3 Coinciding with an announcement of the distribution of four per cent Interest on thrift passbook accounts and thrift certiorates as of June 20, the Morris Plan Company, of Oakland, also reported payment of dividends of $3 a share to holders of capital stock of that date.

Owen C. Carr, president of the institution, made the announcement following a meeting of the board of directors, at which time he reported substantial increases both in loan and in thrift volume. "Both stockholders and thrift customers continue to share in' the benefits of Morris Plan's continued growth," Carr said in commenting upon the report he made to his directors. "Loan volume has increased steadily over last year. At the end of the first five months, it stood 30 per cent ahead of vol In spite of the trend toward modernism, occasionally a house with the charm of the Old World is to be found.

The house of Mrs. Mildred Cook's, pictured above, is a recent design of W. R. architect. Situated in the gardens of San Leandro, it lends itself well to that district.

The gray stucco and wood walls with ample roof of gentle form, give a decided Normandy or Brittany character to the home. 13 homes of advanced architectural 1p. and others are to be stariea immediately. It is the part of wls- fnr invone to inspect this IN OAKMORE VIEW HOLIES ARE DISPLAYED 1 hii wn-itnrv. F.arlv California stvle home has a unique appeal to many of Oak Knoll visitors.

While home group, for the innumerable of the construction and finish will prove to be of positive educational value, even though tr.ere be no Intention to purchase et th moment. "Then, too, there Is the furnished display home for added interest. Miner's have decorated this home simple style, very attractively, tut with the thought of keeping i cost of the furnishings within the budget of the eventual pur-chnser. Tha treatment of the guest room, which is also adaptable as a the Breuner display home is probably the main single attraction, homes such as the one shown, also vie for the interest of the tract' many visitors. An inspection during the holiday week-end period is invited.

ume during the same period in 1936. "Additional earnings permitted us to Increase dividends to stockholders for the first half of the year. Dividends of $2 per share were paid for the first six months of 1938, as compared with the $3 dividend paid for the same period this year. "We were also glad to report substantial increases in the amount of thrift dollars placed in our care. HOME 'SELECTOR' Finn l.brary, a sewing room, or mams TWi hn been a steady growth in i i rrr ITT thrift throuchout the first half of 1 DISCUSSED IS Fuile (there is a bath connection), suitable for almost any purree.

The kitchen, too, has aroused i nich favorable comment, because its spaciousness, the liberal tile nrfuces, the efficient arrangement eliminate steps and to lighten ork, and the color." Tales in Oak Knoll in the past have proved most gratifying, -ording to company officials, who out that all of the new resi- By GEORGE ROEDING JB. Pres. California Nursery Company mil n'- this year and we are anticipating substantial increases during the interest period." In his report to his board of directors, Carr analyzed thrift increases over the last five years. On June 30, 1932, total thrift was $284,000. On June 30 of this year thrift stood at $054,000, an increase of over 281 per cent for the five-year period.

US. Insurance Boon to Loan Institutions When wt speak of "hardy" plants we are likely to mean "frost resistant." Although all of the brooms nces are avaiiaDie on rriA terms. hi payments ranging from a are resistant to such frost as we get in the Bay Region, we prefer to 7.53 to $33.80, monthly, covering "The Greeks had a word for ft! When Aristophanes sought the ultimate in beauty for his poetical choruses In the "Clouds" he found it in the tree-covered hills: "On the peaks of the pine-covered mountains where the pines hang as tresses of Thus, harking back to the classics, does Everett Bennett, sales manager for Mitchell and Austin, describe the scenic beauty of Piedmont Pines, and Le Mon Park. In Le Mon Park are three homes of distinction which are now open for public inspection. One of these is Coronation House, furnished by Breuner's, and now ready for occupancy.

Another is Fremont House, named from the early California explorer who was inspired lay the view from the. vicinity to bestow on the harbor the descriptive words "Golden Gate." The third, Villa-dor, or "House of Gold," is one of the outstanding architectural designs of the year. "Le Mon Park in Piedmont Pines is one of the sights of Metropolitan Oakland," declares Bennett. "No residential section anywhere has more to offer in the way of view, careful planning, architectural design and fine construction. "Secluded, yet within a few minutes of the center of busy Oakland, the Piedmont Pines district has attracted many buyers and home- interest, taxes and insur think of them as being mora truly hardy in their ability to grow and 'Mi bloom beautifully in hot, dry loca Knoll Is reached by way of tlons and in poor toil.

The original 1 Avenue from Faothill Boule home of most of the brooms it This home has been opened for inspection at 1815 Leimert Boulevard, in Oakmore, by Mitchell and Austin, tract representatives. It has a social room, a brick patio off the living room, and rounded view windows, from which a wide marine panorama may be enjoyed. and following the Bohannon -3. The homes will be open around the shores of the Mediterranean where planti must strive for a foothold in dry rocky hillsides or )y and through the holiday week, "Just as deposit insurance restored confidence in banks, so has Federal Insurance of accounts resulted in new strength and activity for savings and loan institutions," Thin statement, made recently by in hot deserts. The Brooms in common cultiva tlon Include the Genista, Cystius GREAT MODERNIZING Ihznzcs in Tax Zyztcm Opposed Cd.

from Preceding Page) Nugent Fallon, general manager of th THeral Savlnffs and Loan In and Spartlum. Genista monosperma, the Bridal Veil Broom is a native of Northern Africa where it is planted as a windbreak to prevent 5111 iIIIICll AT A surance Corporation, a $100,000,000 agency of the United States Government, was quoted yesterday by Jesse T. nplanev. nresldent of the Central This device, recently installed at Orinda, will flash a picture of individual homes that may be built for certain specified monthly purchase payments. Simply press the button with the desired monthly payment, and the machine lights up the picture of the completed home.

drifting of the sand. It Is happiest here in warm welt drained soil. Its tiny white flowers are produced in drooping raremes from late March until May. When out of flower the Ttnildlnff and Loan Association of for all purposes except debt vice which may be levied against Oakland and Alameda, In explaining the growth and activity of his asso slender, silvery gray branchlets I estate, to three per cent of the of the property, advocated by Los Angeles Property Owners lovers. It must be seen tobe appreciated.

And it's easily reached by way Of Park and Mountain Boulevards. Then follow the arrows to Le Mon Park." -oriation, have a charm of their own. inis plnnt grows quite rapidly to a height of 10 to 12 feet. From the dry slopes of Sicily and Sardinia "4 Assessment of real estate for ORIIIDA IDEALFIRST FEDEF1AL FDR OUTIHGSnEPDflTS GIS rurposes on a basis of its war i net Income, advocated by comes Genista aetnensis, the Aetna Broom. Its habit of growth ia very I an A.

Thorson, a noted writer liion, and supported by the similar to that of the Bridal Veil Broom except that the golden yellow flowera are larger and, much showier. Tor a pleasant day's outing from FOR GENERAL USE CALIFORNIA COTTON From a production standpoint, the 1938 cotton crop set a new high for California. The best available rec-ords show that 870,000 acres were' planted, of which 368,000 acres came through to harvest. The total State production amounted to 441,754 five hundred pound gross weight bales, which is equivalent to 674 pounds lint yield per harvested acre. From all three positions of acreage harvested, average yield per acre, and total bales produced, this is the top record for the State.

The true Spanish Broom, Genista Home building activity In Mont-clair is assuming great proportions, according to Paul Pause of the Montclair Realty Company. Pause reports: "Cliff Leekins, builder of the Piedmont Hills area, has Just completed homes on Mon-tera, and also on Bruns Drive and Mountain- Boulevard. Another -of his homes has just been started on Camino Lenada. "Lewis A. Larson, builder, who recently moved here from Salt Lake City, has commenced building operations on Thornhill Drive opposite the Montclair Church.

His first home is three-quarters completed. Of modern Colonial design, it will be unusually complete in its equipment. A social hall with extra fireplace, an air-conditioning furnace and an unusual amount of closet room are among its features. Richardson, a pioneer of the Montclair section, has lafely returned itim England, and is going into the business of building fine homes. He already has three under way on Liggett Drive and Bruns hlspanlca, is a spiny little shrub 2 to 3 feet high which' covers itself with ciation during the last iz montns.

"Federal insurance of the accounts of a building and loan association Is now generally recognized by saver-investors as offering the final safety safeguard," Delancy said yesterday, "and, while we must give much credit to Federal Insurance for the $1,005,000 in new funds which came to Central since July 1, 1938, we be-lieve that the higher yield we offer also proved to be a very strong attraction. "With salary incomes stretched to the limit by higher prices, we find that people are becoming very conscious of the need for making a profitable return on their saved dollars. "As is natural under such circumstances, they investigate the higher Income possibilities offered by Cen-tral. They find that during the 28 years Central has been business we never have paid less than our current dividend rate, which is 47o per annum." Delancy believes that the reinvestment period, which ends July 10, will be one of the most active in golden-orange flowers. It has no Metropolitan Oakland, a trip into the sunlit vale of Orinda is ideal," Kenneth Allen, of Mitchell and Austin, point' out.

"Only a few minutes from the bustle and din of the city lies this attractive community, possessing all the facilities of a modern, progressive yet sufficiently aloof to permit of care-free country life under delightful climatic conditions. cutting value but is very attractive for gcnerol garden use. The plant usually known as Spanish Broom is really Weaver'i Broom and is r.s?!es Property Owner's As- iion. receipts," or gross in- tax for State purposes, a iion of the So-called "syncro-" ivocated in 1838, which would 1 both the personal income tax ti sales taxf and would levy 'er tax on all transactions. rroposal to write into the Constitution provision for an pension of $100 per month, sure which students of the ct hold would create a tax Impossible to meet.

"7 Proposal to exempt homes i taxation, opposed by all stu-s of tax problems as ineqult- and violative of the generally 'ed doctrine that no property ,11 be exempt from taxation." known botanically as spartlum Junceum. It has a longer blooming season than other brooms, blooming Orinda is the hub of a great Drive. The first of these will be ready for inspection early in July. "Some sixty other homes, built for individual home owners in recent months, has changed the countrylike aspect of the Montclair District' to a more populous one." scenic circle. It may be approached by way of the Hotel Claremont and Fish Ranch Road over the shoulders of Grizzly, or through the old tunnel and the scenic tree-clad profusely in April and May and producing a fair amount of color throughout the summer and fall.

Its principal drawback is ita susceptibility black aphis damage. Spraying with a nicotine or pyre-thrum solution wll leaslly control "One of the oldest department stores in Northern California, Kahn's, established in 1879, is rapidly becoming one of the most modern in 1937," according to H. V. merchandise manager. He said: "Twenty-seven thousand square feet of new flooring known as Treadlight Tile is modernizing, the whoe of the first floor, a feat being accomplished at night by a staff of 25 skilled floor laying mechanics.

Sections are being laid overnight, necessitating moving and shuffling of heavy counters twice a day. "Kahn's has been in the same location, Broadway, San Pablo and Sixteenth, for 21 years. The men who are replacing the floors have discovered that the hundreds upon thousands of footsteps in that length of time have worn the maple flooring through to the base. "The pattern followed in this new Treadlight Tile flooring is in keeping with the rest of the store modernization, elevators, new beauty salon on the fourth floor, new cotton shop on the second floor and the new book shop on the first floor. "The book shop, being built with modernistic lines in blond maple finish, will embrace all the new books.

There will be a complete selection of every type of book, including a special magazine section. The stationery department is being renovated and will embody a modern engraving section." NOVELDINETTE A dinette built Ingeniously in the long, narrow space of an ex-pantry, has an azure blue ceiling. The walls are horizontally divided into strips painted a different tone of grey, beginning with deep gray at the bottom and finishing with pearl gray at ceiling. The vivid Chinese red of the built-in curved settee matches the upholstery of the chrome chairs. The table has an ebonized finish, while the black and white rubberized floor Is in tune with the white painted Venetian blinds with black tapes.

years. this pest. The Cytlsus branch of the canyon, or by way of the spectacular Grizzly Peak Boulevard that is reached by way of Spruce Street in Berkeley, or a turn right on San broom family is most often repre MORE HOUSE Increased patronage from Investors during the July re-investment period is reported by the First Federal Savings and Loan Association, which this week declared sr semi-annual dividend at the rate of four per cent per annum, according to William A. Davis, president of the institution. "Our offices at 438 17th Street have received hundreds of inquiries this week from investors wishing to place savings in the institution," Davis said.

"We expect this to continue during the period from July 1 to 10 when out-of-town and local funds may be transferred to this Institution without less of interest. "Investors are keenly Interested In the additional safeguards provided by the government only through Federal Savings and Loan Associations. Not only is safetyof principal Insured, but earnings themselves are assured through Federally-controlled management. "The First Federal Is operated by local men directly under charter from Washington. The protection offered to the investor through our Federal charter and control qf management is already apparent.

'The institution has never had a defaulted loan and owns no foreclosed real estate. The First Federal Savings and Loan Association, with offices at 436 17th Street on April 15, 1935, has declared five- dividends since commencing operations and in addition has established reserves in excess of Federal requirements, according to Davis. sented by the Scotch Broom. This hardy shrub with its golden blooms and black aeed pods often escapes from gardens and "goes native." The miles of it along the highways the New ivay to in coastal Oregon are an unforgettable- sight in late April and May. FOR YOUR MONEY From the red and yellow lorm known as Paradise Brown numerous beautiful hy'rids have been produced by crosses with other varieties including the Portugal Broom.

Prof. Sydney Mitchell of Insurance Official Attends Convention James B. Clark, general agent in Oakland for the Minnesota Mutual Life Insurance Company of St. Paul, returned this week from a trip to Chicago and the Great Lakes, where he attended the annual convention of his company. He was accompanied on this Mrs.

Clark. They sailed from Chicago on the steamer Alabama. Comprising 259 guests and company officials, the party visited Parry Sound, a Canadian port, and cruised up Lake Michigan to Mackinac Island, thence through Lake Huron Into Georgian Bay. They later returned to the home office In St. Paul, where open house was held for delegates throughout the United States.

Berkeley has introduced many of Pablo just beyond Richmond into the highway that passes San Pablo dam. EASY TRIP "From Walnut Creek and Concord and Martiner it Is an easy trip with pleasant scenery all along the route. Orinda Junction, a 'four'-corner, is Just half a mile from the center of Orinda itself. "A visit to Orinda by one route and a return by another offers a day's outing enjoyed by the whole family. "Visitors to Orinda should fail to see the amazing panoramas from the maze of roads that run through the hills.

HOME LOVERS "Home lovers should also visit the Orinda 'Home of Large scale maps of the surrounding country at the tract office are also available for motorists. "There are many good values still to be had at prices which have not yet felt the boom which will be in these new hybrids which are now commonly known as "Mitchell Brooms." In this group are the brilliant rose and copper variety a creamy-white, St. Mary's; and the red Stanford. Not common in our caiuornia dDsiCs.Cini(iDflIl gardens is Cytissus praecox, sometimes known as "Moonlight Broom." Its creamy-yellow blooms on long slender sprays make it one of the best garden subjects. Old plants reach a height of 10 feet.

Cytisus Kewensis has blooms of the same color but the Individual flowers are larger and borne on a dwarf, or Homes! Ides2 i llm Claremont Hotel or Berkeley Club drive out Claremont Road 0 railed Yhh Rsnnh ihe old Tunnrl Road if you r. At the foot of the hill you're tin) lirosd, level, straight State -l ay. Turn left at Orinda Junction 1 first cron roadt), 200 Country Cottage Estate 'ler what their finsncial pesl-, Orinda dwellers have one thing i full appreciation of mmshine, pure nir and country All City Advantage! nWl, shopping center, telephones, city prostrate bush a foot high. It should be much more commonly used as here with the completion of the low-level tunnel. Scores of homes are now under construction, with new houses starting daily.

Mitchell Austin are exclusive realtors for the Orinda properties and offer an aHMnclusive service to the it is quite hardy anywhere and Is really the finest plant in its group. SUN-SPRAY PAINT A new development in exposure tests on paint materials known as the Sun-Spray Rapid Test Rack has been announced by Dr. Henry A. Gardner, Director of the Scientific Section' of the National Paint, Varnish Lacquer Association, and B. F.

Davis of Miami, Florida. Painted panels are placed on this rack and are perpendicular to the sun's rays at all periods of the day. Through a water-wheel device the rack moves with the sun and the panels are automatically sprayed with water for a brief period every half hour. Shower Stall Replaces Tub In Small Bath Golden West buyer." THERE ARE 20 HOMES FOR YOU TO VISIT, EACH OF INDIVIDUAL ARCHITECTURE. MARVELOUS KITCHENS THAT EXCITE THE PRIDE OF THE PARTICULAR HOUSEKEEPER.

COMBINATIONS OF COLOR THAT ARE PLEASINCLY FRESH, AND DOZENS OF COSTLY FEATURES NEVER BEFORE GROUPED IN HOMES FOR AS LITTLE AS $47.50 TO $63.50 MONTHLY, F. H. A. LOANS. Furniture For Fall Be one of the first to see BREUNER'S FURNISHED DISPLAY HOME at OAK KNOLL and be sure to inspect the convertible guest room, at all times a usable room cleverly furnished to meet various needs.

Shows Gains In Patronage Follows Tradition Two Ways to Make Your Good Taste and Your Budget Meet 1 See Oak Knoll Display Home It's a home as charming and livable as though you had designed it 'especially for' your own furnished by Breuner's the cozy, informal style best "suited to its hospitable simplicity. A home that gives you a wealth of good taste on a small budget I 2 Buy Home Planning Book Three new booklets of photographs and floor plans of typical California homes. Dozens of suggestions to save money and worry in building or remodeling I Advance showings of furniture lines for the Fall of 1937 indicate a marked trend toward the classic lines of traditional Sheraton, Chip Increased patronage from is reported by the Golden West pendale and Hepplewhite, with an accompanying swing toward work Building and Loan company, wnicn has Just declared a dividend of $2 1 rlprtrii ity (with gat on the an amazingly low tax "Home Selector" a Roma of Idra. Prei the i 1 ten the kind of borne yon ir jour present rent money, A. Iisn.

Over this long week- erne trip to ing out these famed designs in per share on guarantee stock and interest on deposits, at the rate of Drive out Foothill Blvd. to 82nd Avenm turn left and follow the Bohannon tlgnt. "blond" shades of bleached hardwoods. Upholstery in red, blue, gold and fuchsia, offsets the warm honey tones of bleached Philippine mahogany noted in many of the advance designs, according to a Mod All the plumbing fixtures essential to a bathroom may be located in a space as small as five feet square. However, a shower stall may be substituted for a tub in the home that has only a small closet or alcove available for an extra tl California I A (2 Stucco Homes ern Home Institute survey.

tlonicl XTN rn i for )) rv i Deoigned for Cal- of thee available Colonial Sbcutidjtibi Modern stream-lined designs have 62 Better Homes bathroom. apparently made a permanent place if omit any Many improvements have been for themselves in American "decor," i 4 per cent per annum. Commenting on the general situation, O. D. Jacoby, president and manager of the institution, said: "At the recent building and loan convention, attended by over 130 associations throughout California, encouraging reports were presented frwai nearly every section.

The assets are showing a marked increase and the demand for loans boih for new construction and for refinancing In. strong." A further increase in savings Investments placed with the institution during the transfer poriod from July 1 to 10 is predicted by Jacohy. Offices are located at EU-ecl, Oak'ani in Horn Planning Buret on Breuner's Fifth Floor. made in these stalls in recent years, each and are prominent in the 1937-38 I i 111(1 and they are now entirely leak-proof. They may be equipped with glass doors if the owner desires.

showings. The modern furniture also makes increasing use of light-toned Philippine mahoe.iny, bleached walnut and other "blond" woods. OAKLAND OFFICE: The purchaser of a home under -court 4374 'crnwj'l 102 the Insured Mortgage System of the BREUNER'S Hlgara 4343 Oakland Broadway at21st 331 17th Street HI gate 1613 Federal Housing Administration VARNISH MAKERS The ancient Egyptians knew how may wish to install an extra bath i in the home and will find the stall to make varnish by using soft resins San Frarc4! US2 Market St. MA-6300. melted ia oil.

convenience. 1.