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LQW COST Real Estate, LOANS fliRST NATIONAL 800. Davis Street» Ask'you or tace s DAV. 8100 M>a 98 ~21 IN THIE SPRING Iondscape gordonar rocon for P.rmialown Permits for Two, New Homes Are Issued in Glencoe During Week Four building permnits; tw.o of whi.ch were for new résidences and I wo for alteration jobs were issued in Glencoe during the past week. Announcemnent was made tIIs week that, Arthur C. F. ýGedge,. (tlef t) util .irecently 7man- ager of the Winnetka.office,., of the Cusack Realty' cornpanv, *ïs eioui coninecŽ-ted u'itli E. Sawyer Smiith realtors at 725 Elmi street. Wininetka, as aii associate real estate'broker. In the- sanie announcenient it is also explained- that George W. Mc- Kinney (abox'e photo) has becomne a member of the sales staff of Mr. Smith. Mr. McKinney for the. past two years has been associated ini a similar capacity with the Cusack cornpany. Mr. Smith lias been actively eni- izasei the re~a estteusnes o i Income from reai estate proper- fies will be considered as a factor in determining values for assessment purpQses in the .1939 quadrennial. County Assessor John S. Clark toflà members'of the Chicago.Real Estate board. at. a luncheon' meeting.' The meeting, wasý held in the board's, quarters at 32 West Randolph street. ".Consideratin of abilîty to, pay will açhieve a greater uniformity in taxation," he said, "and this can be more accurately measured by takiniw income'as. a factor-as Weil as re- production costs -and depreciation. In'ordinary appraisal rules. concern'- ed- with replacement' and denrecch- tion. there. is this mnissing elemnent which -is a very importtint mneasutre Calis For HeIp Assessor Clark r e v i e w ed the achièvements of previous quadrehni al assessments since the 1928 ras~ ment. showing how rules for measuru- ment of buildings and computation of physical factors achieved grcater uniformity. He expressed gratitude to members of the board wyho helpeci perfect these standards. in the, 193.5 quadrennial and said that he xvoild, cail on themn again to assist him II the 1939 quadrennial. -Having achieved a great mneastire )f uiniformity. through these rules., the next forw.ard stel) will be con- sideration of this clement, flot ex- pressed in' the physical character of VL V1111ULnt, -lu alulicuutcuiiiececi w iLU 1.11V IIVV UganizaL- and7Edward B. Hawkins, of MVay- tion as. a member of the arbitration wood, general contractor. and ethics committee. Fred Woods took out the other Mr. Gedge lias a background of 20 residence permit. Located at 540 consecutive years in the real estate. Oakdale avenue; it will be two business on the North Shore. He is. stories and .of brick veneer construc- at present a member of the board of tion. Sumggard and Swanson, of Chi- directors and chairman of the arbi- cago, are the architects and Axel tration committee of the consolidated Magnuson, also of Chicago, is the Evanston and North Shore Real Es- general contra ctor. tae boards. .--- C@strucf.n 'Corporation Factory Drauch U 3 RuuhhSt. ITeL Del4380 ol incoine wuilattain '«or iL. greater equality with another mnore: forhiun- ai-]y locatèd. Situation Improved "The a ppropriation for the assessuir allows about 30 cents for appraisal 'of each of the more that 1,200,000 narcels of real estate in Cook county. But since we have àlre-idy estab- lished accurate rules for determii- ing replacement costs and deprec- lation, we are in a position to, con- sider this new factor under better Morgan Nelson is building a two- car private garage at 979 Cherry street, at an estimnated cost of $300. This was the only' building permit issued in Winnetka, during the past week. On Resdental Property of Ap- proved Construction, Design and Location Other Lbans et Correspondingly Low Retes Q LJI'UJTy I eirs' Experieoce in ilasand Aïr Condtiordag