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\\'IL~IETTE LIF FRID.-\y ACGCST 1 1924 ~IEAlL REAL ESTATE IS ANNOUNCE N. U. SLOW IN AUGUST REALTY COURSE Vacation Month Hiu North Dean Heilman Outlines CurShore Transfers riculum for 1924-25 This is August J and north shore real The School o f Commerc e of Xorthestate men regard it in the same light we s tern univ<:r>ity will a).!a in e xpand that Wall street speculator do a Black it policy thi s fall to incl ude· a con:Friday. To be blunt, August is the prehcn sive curriculm in rc·a l c·ta te, 1t deadest month of the year for the land wa~ announced hy Dtan Halp h E . dealer. A variety of circumstances com- Heilman thi week. bine to make it so. One of the principal Course in real c' tate principle s, counts against the month, from the real- finance. land econom ic,. and \·aluator's viewpoint, is that most of his pros- tions and appraisals will he included pects are vacationing at this time. Some among the new elccti,·e courses offered have gone acros the Atlantic, others are both at the downtown Chicago school seeking rest and repose in the lakes and and at E,·an ton. On the Evanston woods areas of Michigan and Wisconsin. campu the courses will be open to Until they will ha,·e returned real estate the regular undergraduate body. The transfers, say the experts, will be limited. same suhjects will be given in the late Still, there are some sign of activity afternoon and evening in the Chicago in north shore real estate circles. Walter chool ior the benefit oi those work). Smith and company of Glencoe, for ing during the day. example, are nursing several acreage Instructors for the real e. tate courdeals of consequence that have progress- ses were announced by Dean Heilman ed far enough to almost consider them as follows : closed. The lawyers are busy on them Valuations and Appraisals-Fred now looking up the legal aspects of the Babcock, of William Babcock & Son . transactions and Mr. Smith promises beFinance-Profe5sor \\'al ter E. Lagfore another week will have elapsed to erquist, Ph. D. Principles-Elmer A. Claar, B. A., announce these trades as closed. He hays the announcement will be one of LL. B., of Baird & \Varner. Professor Lagerquist and Mr. Claar importance to the north shore. ~orge H. Englehart, Glencoe mana- are regular mem~rs of the faculty of ger of the McGuire and Orr concern the Northwestern Commerce School, who, _by the way, is one of the mo t ag~ and Mr. Babcock, who has been segress1ve and succes ful realty dealers on cured to give the course in valuations Lake .Michigan's shore, report a number and appraisals, is a 1\'orthwestern alof ~mall transfers for the past week. umnus. Announcement has not been Wh1le no great amounts are im·olved in made as to the instructor in land these sales, Mr. Englehart o:;avs they economics. A course in ·'property management" augu: well, the ~cason cons1dered, for i ~ to he offered the studen ts in the Y. a bnsk autumn busines . ln Winnetka and Hubbard Wood . the ).1. C. A. real estate classes, according ~eat estate operator~ claim they are do- to an announcement by Pierce W. mg m~re than a normal bu iness, and Jones. executi,·e ecretary of the Chidow!l .m Lmden avenue, \Vilmette, the cago Real F.state Board. The Chicago board is now arranging its winter pess1m1sts are on the run. Niles Center is ju t now a mecca for schedule. The work will be given in land speculators, where a real e tate the Y. ~f. C. A. school of commerce. Another new course will be real boom created by the con !ruction oi an "L" branch into that district, is in pro- estate finance, which will cover the g:ess. On_ e dealer said, this week, that field of real estate mortgages and b1g tinanc1al returns awaited innstors loans. The regular courses in real in that region: He added that one poiicy c~tate practice, law, conveyancing, and salesmanship will be given. alone could l11nder progress in that vicinI!~·· and that was, that the land owners m1ght try to ~ <lll \b& lil'co\\\a b7. \aelLini too high prices on their holdings. "There will he pro. pcrity for nerybody out that way," he said, "if the land owners operate on conservative lines and g1ve the buyers a chance to get in on the ground floor." It may not be amiss to state here that. Britton I. Budd, president of the C'h1cago, 1\orth Shore and Milwaukee rallroad, recently told an Evanston luncheon club that the "L" extension would bring 250,000 people into that area within the next ten years. sh~ws, make the best ~bowing when taken as a whole. Several. of the~e states have nearly held the1r own m land values. This is largely due to Plans for the propo·cd village garage new irrigation projec.ts that have been l·a,·e been completed and !"lore t~an a going through the l'?provement and tl>zen contractors are makmg estimates investment stage dunng the last five ior their tenders and other are expected to enter the competition. The building ye.~~s.number of southern states," the will cost in the neighborhood of $7,000 report reads, "also have made a good and will be erected on the villa~e lot showing. Texas and Oklahoma are in Main street. The contract w1Jl be credited with average land values awarded at the next meeting of the slightly higher than the 1920 estitrustees, which is scheduled for August mates. New Jersey edges her way into 12. . .this class also. The strictly cotton- Award Contract Soon for Village Garage Building producing sout hern states, like Georj. and South Carolina, have shown,-._ ever, declines in land values ~ the high price of cotton." The eighteen-billi~n-d<?llar briut. age is figured on the basts of tbt ~ census valuation. The total value Cl( farm lands and buildings for tliat J~ is given as $66,Jl6,000,000. The ~ value, as estimated fro~ the report o1 the Department of Agnculture , figures at . about 7~.5 p~r cent of the 192(haq. atton. _:I'hts gtves a total of $1~,. 000,000 tn round _figures. RURAL LAND VALUES DROP Farm land values have dropped more than eighteen billion dollars since 1920. This mammoth depreciation of agricultural property involves every stare in the union except three. The greatest loss has been felt in the middle west, where grain and live stock are the principal crops and where the greater bulk of the food supply of the United States is produced. This was the suprising result of a recent agricultural survey. Good plough land s in Iowa, which averaged $257 an acre for the entire state five years ago, today are valued at an average of $169 an acre. Plough lands in Ohio decreased from $132 per acre to $96 during the same period. The equivalent figures for Illinois are $213 in 1920 and $148 in 1924. South Dakota shows a shrinkage of 59 per cent. Western irrigated lands, the survey year and in teres is tt ampionsl ing the 4, Tt When All Others Have Failed Come To Us When a property owner wishes to sell his real estate_, he wa~ts quick action as a rule. The best way to get ~esults ts fo! h1m ro list his property with a reputable and energetic realtor w1th an exclusive contract. · We, knowing that we are ~rotected in out eflo.rts to sell property, will devote every ~sstble energy for m31-kmg a sale. We will spend money advert1smg the property whtch we would Jlot do if other brokers had the property for sale. The chances for a satisfactory and prompt sale are obviously much greater 11nder an exclusive contract. This system gives quick results without costing: t~e property owner one cent more than the regular sales comm1sston. fr< well as whom hav tion in th· Althougl list of coni players of north shor Jy Mrs. F the weste: years and an's golf Miss C~ record at 'Paul, in she. playe~ score was Why Not Try It? ·boles previous~ is Quinlan & Tyson, Inc. Fo-taia Sq-re, E·aaatoa Prout)' Buildial', WiDDetka E·aaatoa . . . Wian.tlra zt· the same Com me week, On trial to t Mrs: L~ wentsta ~ the arra1 with Mrs~ Donald ~ ~----------------------------------------------·-···~ TnD·u;v-n·r~ We Are Making for \.!Y Hill heeler--) UDI1 I Urlt~ Skokie l The Prudential Insurance Company of America FIRST MORTGAGE LOANS At 5~% interest with privilege paym -oT in full at any time without notice and without For Reat--1-r-m Stucco Home, 4 larte bedrooma,attic, bot water beat, immediate poueaaion. Price $110.00 per month. char~e for such prepayment privilege. And at privilege. 6:i in monthly payments with like Folder shO\ving method of monthly payment loan ~n detail sent on request. CLERK-CARRIER EXAM. There will be an examination for th.~ po~ition of clerk-carrier at the \\ 1lmettc po~tof!lcr, Tucs<lay, Angust 5. Information may be secured by application at the postoffice. You will never have to worry about leaks, ftres or repairs U your home Is roofed with Hawthorne Concrete Tile , the economical, permanent and ftreproot roof-"the root without a regret." Ask for quotation. George H. Taylor Real Estate ~ortgage Co. 312 South Clark Street, Chicqo Telephone Wabub 1%46 lj i n~e is vi itirtg her daughter, ~Irs . Ed- Mrs. Henry A. Pope uf Lake ave- Roofinc Haw l\1orne Tile co. wm Badger, at Plum Lake, \Vi consin. 2136 S. 48th Ave., Cicero, Ill. Tel. Lawndale 4610; Cicero 72 ~--------------------------------~-----------------· PINE CREST Subdivision Buy these choice lots direct ly from the owner. Choice 50 foot lots to be sold at $35 per foot. ~~ust be seen to be appreCiated. FOR SALE Trees, Shrubs and Cut Flowers BARGAINS John Ostrowsky 1487 AaHry Anmae, Ricla-e at Hiablaad A·e. WILME'ITE Fox&Fox Phone Wilmette ZOZ . . ··········----------------------·-··········-----· North Shore Homes NEW ENGLISH COTTAGE 66xl40, $2l,<XXJ. Seven rooms-four bedrooms, two baths, garage attached, Terms. Attractive Stucco Colonial Home consisting ~f 6 rooms sun parlor and sleeping porch; grounds beautifully land~ scaped; 120x200; snap; $30,00Cl. Hubbard Wooda PhODe Wmnetk.a 541-J i ! I I I Is properly s~d for use in every heating plant. Make your furnace responsible for the fuel it consumes. Our Service Man will inspect your plant and give you good fuel advice without cost to you. For S.~ S, Edinger & Sona ............. Phone Wilmette 641 Kutten Broa Ph Wil Meyer Coal &M~t~~i~i Phone0Wi1met-:!el~3} VACANT 50x257, 1 block from lake, $5,500. 118xl35, east location, $100 per foot. SERVICE TO nfE BUYER-TO 1HE SELLER , ec;: .... Walter P. Smith & Co. JU PARK AVE. PlleaeGJ.c.e4JI GLENCOE, ILL ~ ! C.U ~ 7025 for,. Pru ~ ················-·--·····-~---········-·····--------J