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DO RET § SEE IA WE POR RI ARE AY b; WINNETKA TALK August 4, 1928 LOANS RESIDENCES APARTMENTS BUSINESS PROPERTIES DESIRABLE VACANT Satisfactory rates can always be arranged. Baird & Warner 528 Davis St., Evanston Greenleaf 1855 Briargate INTL THE SUT ETL TT TT ETE TET ET TE TT Second Mortgage Rates Reduced by Republic Co. Reduction in second mortgage rates is announced by Republic Realty Mortgage Corporation. It is the fifth time in six years that this Corporation has taken similar action. As a result it is claimed that millions of dollars have been saved borrowers in this vicinity. It has been the announced policy from the outset to lend at low- est cost, passing on to the borrower the benefits of large volume, sound finance and efficient operation. In connection with the new schedule of rates the Corporation announces that it will accept loans of longer maturity: While formerly three years was the maximum term for which second mortgage loans were usually made, the new schedule provides for four and five year loans as well. LOANS Jou COMMISSION On Desirable Homes and Apartment Buildings John Hancock Mutual Life Insur- ance Company A. D. LANGWORTHY, Loan Agent 112 W. Adams St., Chicago Two Car Garages Economical Plan in the Suburbs Suburban developments in the last few years have contributed vastly to the recognition of the one and two car garage as an accepted feature in the home building program. Indeed, the two car garage appears to be markedly on the increase, and where once it was the exception, to be found only in connection with a costly home, it is now frequently seen with moderate priced residences. More and more men seem to be using the "car" for business pur- poses, and the wife and children are given a car for their own use. Even if a family does not feel ready to afford two cars at the time the garage is built, a two car garage is an economy, for one part of it may, in most instances, be easily rented. The elimination of the old fashioned bother of inside keys is a never fail- ing comfort. It is pleasant to be able to lock one's door simply without a key, merely by the act of shutting it; and unlocking it automatically by a turn of the inner lock. many homes. inquiries. CHICAGO PHONE BRIARGATE se00 LET US SUPPLY THE FUNDS FOR YOUR HOME Don't put off building your home because you feel you haven't the necessary funds. We have helped build Let us help with yours. Or if funds for refinancing are worrying you, come in and talk with us. We have money to loan for construction or on improved Evanston and North Shore property at 5% % and 6% on first mortgages. Prompt attention is given to all personal and telephone REAL ESTATE LOAN DEPARTMENT A. K. SCHEIDENHELM, Manager STATE BANK and TRUST COMPANY Orrington at Davis Evanston, Illinois EVANSTON PHONE GREENLEAF 5000 WILMETTE PHONE WILMETTE 3100 BUILDING ACTIVITIES OF U. S. HOLDING UP WELL Reports for First Half Year Show $2,065,202,908, Only 2 Percent Less Than Same Period of 1927 The beginning of the last half of the year finds building activities throughout the country about on a par with those of a year ago, according to reports made by S. W. Straus & Co. from the 541 principal cities and towns of the country located in the forty- eight states. These showed building permits and plans filed for the half year of $2,065,202,908 compared with $2,103,324,264, a lost of slightly less than two percent. It is to be remembered that these figures cover approximately 80 percent of building operations within the limits of all incorporated cities and towns in the forty-eight states. They do not in- clude cost of road building, construc- tion of subways, bridges or other major engineering projects. They per- tain to buildings only and are to be taken as an index of activities which will be under way within the next few months rather than records of money that already has been spent. New York Is Pace-Setter The twenty-five cities leading the list in building prospects submitted much more favorable reports than did the other places. For the first half of the year, these places issued building permits amounting to $1,285744471 compared with $1,229,630,024 last year, a gain of five percent. The figures for June were: 1928, $228,021,213; 1927, $209,238,744. This is a gain of nine per- cent. New York City continued to run far ahead of any other city in the country. The titantic activities in New York, in fact, were in large measure re- sponsible for the excellent showing made by the twenty-five city group for the half year. Chicago, Detroit, Los Angeles, Newark, San Francisco, Milwaukee, Portland, Ore., Buffalo and Indianapolis showed substantial losses while sizable gains were recorded in Boston, Cleveland, Pittsburgh, Seattle, Yonkers, St. Louis, Baltimore, Hous- ton, Cincinnati, Atlanta and Albany. Philadelphia, Washington, Oakland and Birmingham revealed conditions not greatly at variance with those last year. Twenty-five Leading Cities The twenty-five leading cities re- porting the largest volume of permits for the first half of 1928 and compari- sons follow: First Half First Half 1928 1927 New York (P. F.) $561,395,247 $493,315,695 Chicago 130,900,050 202,841,050 Detroit 65,175,361 78,742,327 Philadelphia 62,744,085 61,511,450 Los Angeles 52,002,570 58,192,977 Boston (P. F.) 27,671,349 24,252,536 Cleveland 27,574,725 19,827,825 Pittsburgh 24,652,875 17,952,156 Seattle 23,389,825 16,447,910 Washington 22,548,990 21,141,650 Yonkers 22,019,361 15,441,794 St. Louis 21,562,051 15,468,713 Newark 20,318,896 27,410,835 Baltimore 19,463,940 13,697,300 San Francisco 18,926,982 24,270,531 Houston 18,695,541 14,548,052 Milwaukee 18,242,407 24,957,826 Cincinnati 16,849,000 14,834,258 Atlanta 12,413,193 6,419,491 Portland 12,240,640 20,129,115 Buffalo 12,196,081 14,396,345 Oakland 11,526,852 11,122,351 Indianapolis 11,379,130 14,074,455 Birmingham 11,249,141 11,439,859 Albany 10,606,179 7,193,523 $1,285,744,471 $1,229,630,024 P. F. indicates plans filed. 5%% MONEY Have funds to loan on choice im- roved North Shore Suburban res- Honce property at 5% % Interest. See us on renewals. E. G. Pauling & Co. 5 N. LaSalle St. Main 0250