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WINNETKA WEEKLY TALK, SATURDAY, AUGUST 9, 1924 15 NEWS OF INTEREST IN REAL ESTATE AND BUILDING FIELDS BIG CITIES AID BUILDING TOTAL Slowing Down in Smaller Centers, Report In spite of the slowing down of nuilding activities in many cities in the United States, the amount of building continues to advance in sev- eral large cities to such an extent that it brings the coutry's total up to a higher figure than last year, both for the first six months of 1924 and for the month of June. These figures are announced by S. W. Straus & com- pany, who make monthly and yearly building serveys for real estate men and the building industry generally. Evanston was one of the cities which reported a decrease in the first six months' building activities of 1924 as compared with 1923. This falling off amounted to $1,398,653, and in June the total building activities in Evans- ton were only about half those of last year. Last month the city is- sued permits to the value of $682,645: in June, 1923, the total was $1,210,585. The only months in 1924 to show an increase here over the corresponding periods of 1923 were February and May. The remaining four showed de- creases. Typical of Smaller Cities The experience of Evanston was typical of a majority of smaller cities throughout the country, and it was only the activity of the larger centers that carried the 1924 half-year total on past the 1923 mark. The decrease this year as compared with last is not re- garded by real estate men generally as an unhealthy business sign, but is taken to indicate that the saturation point in many kinds of boom building has been reached and that most com. munities are getting back to normal. The large cities which showed not- able gains and turned the balance in favor of an increase--which amounted to 8 per cent--this year were: New York, with $133451,325 increase over last year; Detroit, with $22,193,000 ; Rochester, $8,981,192; Boston, $4,984, - 687; Newark, $3,083,491; Cleveland, $3,569,440; Milwaukee, $3,060,383: Bui- falo, $3,187,000; Seattle, $3,153,505 and San Francisco, $2,127.477. June Gain 10 Per Cent Records for the whole country showed a general gain of 10 per cent in the June building activities over those of last year. The total amount of increase for the month was $299,- 682,315. Says the Straus report: "The sweep of the building move- ment in the large cities has more than overbalanced the recessions in the smaller communities. "The twenty-five cities which led in plans filed and permits issued during the half-year ended July 1, showed a gain of 11 per cent over 1923. "In June these same cities gained 19 per cent over the same month last year and 18 per cent over June 1922. Represent 67 Per Cent of Total "It is of interest to note that these 25 cities reported prospective building operations amounting to 67 per cent of the total amount reported by 328 cities and towns for the first six months of the year. "The cities showing the greatest gains in June as compared with June 1923 were: Chicago, $16,604,700; New York, $13,008,001. Detroit, $4,459,793; Philadelphia, $2,738,005; Cleveland, $1,932,075; Milwaukee, $977,778: Bui- falo, $839,000; Newark, N. J., $792,193; (BY Hill & Wheeler-- For Sale--Modern 7-room home, good lot in convenient location, garage; unusually low price at $9,000. 736 ElmStree Ph.Winnetha', Hill ©Wheelerie uA TENN On Wiirets , Jag ilte, $373,197 and Denver, $318,- 150. In 3 Eastern cities the gain was 30 per cent of the half year and 17 per cent over June last year. In 1907 central cities, the loss from the first half of last year was 3 per cent and the gain over June, 1923, was 23 per cent. In 76 Pacific western cities, the loss from the first half of last year was 4 per cent and the loss from June last year was 28 per cent. In 52 south- ern cities, the gain over the first six months last year was 4 per cent and the gain over June, 1923, was 14 per cent. Greater New York showed a gain for the half year of about 31 per cent The gain in Ntw York over June, 1923, was 21 per cent while Chicago gained 93 pes cent. New York's gain over June, 1922, was 42 per cent. All of the boroughs of New York showed sub- stantial gains, for the six months and Queens was the only one of the five boroughs which showed a loss from last June. The general tendenly in building la- bor was upward, although the month brought forth some scattered instances of reduced wages to skilled craftsmen in the smaller cities. June saw fur- ther recessions in material prices. As in May, the declines were confined almost wholly to lumber and structu- ral steel. Douglas fir prices were stabilized at levels established in May but southern pine continued to drop until the last few days of June. Start- ing materials witnessed a slight soft- ening in New York City. In other cities they remained practically un- changed. 'Realtor' Buttons Are The Style Nowadays In these days when small gold real- tor buttons similar to those worn at the Washington convention of the National Association of Real Estate Boards are appearing or about to ap- pear on the coat lapels of members of a number of the association's con- stituent boards, the Camden, New Jersey, Real Estate Board speaks up and reminds folks that it was the first board "in the United States, Sweden and anywhere else to order a realtor pin embodying the seal of the National Association." The Camdenites began to flaunt their pin 'way back in Janu- ary. They are using permanent "real- tor" window seals too, with the avowed purpose to "hammer away at the job of making the public think 'realtor' whenever they think of realty." The Chicago Real Estate Board has ordered realtor emblem pins, as have the Miafi, Florida, and Atlantic City, New Jersey, real estate boards. Association's President Plans Western Journey H. R. Ennis, of Kansas City, presi- dent of the National Association of Real Estate Boards, who within the last seven months has traveled more than 20,000 miles in visits to member real estate boards, will make a tour of real estate boards in the northwest. Mr. Ennis will leave the association's headquarters, Chicago, August 22. His itinerary will include visits to the real estate boards of Salt Lake City, Utah; Boise, Idaho; Pendleton, Oregon; Walla Walla, Yakima, Tacoma, and Spokane, Washington'; Portland and Longview, Oregon, and Seattle, Wash- ington. At Yakima Mr. Ennis will address the annual convention of the Northwest Real Estate association, to be held August 28-30. From Seattle Mr. Ennis will go into Canada to visit real estate boards there belonging to the National association, in Victoria, Vancouver and Winnepeg. On the return trip he will visit the Minneapolis and St. Paul boards, reaching there September 15. It looks like America's little sweet- heart is going to become a Parisienne. That was the impression that Mary Pickford and husband, Doug, left with Chicago people who saw the pair when they changed trains on their way to the Pacific coast. We are now offering for and ready to build on now. We will build an Fnglis you select, finance and sell o [112 W. Adams St. Chicago, TIL VACANT PROPERTIES English Village Subdivision at Valley and Milton Avenues, Glencoe. Large lots, beautifully wooded, paved streets, FREDERICK A. COOPER & CO. oe sale, vacant property in our h home for you on any lot n easy terms. 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