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3 ok 18 WINNETKA WEEKLY TALK, SATURDAY, MAY 2, 1925 NEWS OF INTEREST IN REAL ESTATE AND BUILDING FIELDS 'OWN-YOUR-OWN' PLAN POPULAR The Co-op Apartments Idea Gains in Favor Organization of apartment houses with the tenants as owners, where families may decorate their own quar- ters to suit themselves, or omit new decoration and lower their budget al- lowance for housing, where the ten- ants are the direct employers, and the janitor and his minions their direct employes, and where each family, in- stead of rent receipts, accumulates each month a greater and greater equity in the building they live in-- this whole comparatively new plan of financing apartment construction through co-operative ownership--is growing in interest so largely that it will have an entire series of sessions to itself at the coming annual con- vention of the National Association- of Real Estate boards. The sessions will be the annual con- vention of the Co-operative Apartment section of the association's Mortgage and Finance division. It will meet simultaneously with the division ses- sions during the full period of the con- vention, June 23-26. Results of the detailed work which has been carried on by the section dur- ing the year in perfecting the stand- ardized plan of organization of apart- ment buildings already adopted by the association will be the principal mat- ter to be brought before the conven- tion sessions. Albert W. Swayne, of Chicago, chairman of the section, will preside, and will discuss "Approved Standard Methods for Co-operative Apartments." Readiness of resale and resale re- strictions for the protection of ten- ants from undesirable neighbors will be brought before the meeting in a report of the experience of the Queens- boro Corporation, New York City, which houses 1,500 families in such apartments and which holds 100 city blocks at Jackson Heights now being built up into the co-operative owner- ship type of apartments buildings. The way co-operative apartment buildings are being used to fill the de- mand for winter homes in Florida will be discussed by J. H. Ryan, of Miami, who will base his talk on a personal inspection of projects of the kind throughout the state. Roy G. Pratt, of Philadelphia, will speak on handling co-operative build- ings of the smaller type. Illini Interscholastic to Exhibit Real Talent The University of Illinois inter- scholastic, May 15 and 16, will have a fascinating climax in the traditional student circus which will be staged on Saturday night, May 16 in the stadium. More than 700 students have been training and rehearsing to put on the big show. The circus is unique. Tt patterns after the professional circus in its three rings in full blast at once, but a large part of the program is de- voted to fun. The college student is a lively hand at burlesquing national and college foibles and the "students" presented by the various organizations are often side-splitting. But the student aerialists need not be ashamed of comparison with pro- fessional wizards of the trapeze. Peo- ple constantly marvel at the dexterity of the students on the trapezes. The circus opens with a big parade at 7:00 o'clock and occupies about two hours. Until this year, seats have been hard to get but the transfer to the stadium will permit everybody to at- tend. Coach Lundgren's baseball team will have two interesting games with Notre Dame and Ohio. A novel feature is the holding of the state interscolastic meet and the dual meet between Michi- gan and Illinois on Saturday forenoon. It is possible to do this because of the improved track facilities at the sta- dium. The first track meet of the outdoor season will take place against Notre Dame here May 2. Coach Lundgren's baseball nine will resume its home stand on May 9 when Purdue comes here. LINGERIE FASHION SHOW! "The Dressmaker from Paris" pro- duction which opens Monday at Mec- Vickers will give the ladies--and per- haps a lot of blushing men--ideas on the latest lingerie as well as outer gar- ments. In the many scenes depicting the interior of a fashion designer's show, the famous beauty models are seen wearing "undies" of the most ap- proved modes. The new styles take into consideration the silhouette--the straight line which simply must be maintained. No bit of lingerie must be so bulky as to create the slightest "bulge" at hips or waist line--or else- where. In the stage style show, a score or more of Chicago girls will pose with the last styles from Ker- mans. PLACE FLAT RATES ON MARMON PARTS Establishment of flat and uniform rates for motor car parts manufacured by the Nordyke and Marmon company, effective April 1, was announced by H. H. Brooks, sales manager of the Nor- dyke and Marmon company in a letter sent to F. C. Heaney, Evanston Marmon dealer. The new policy is of distinct ad- vantage to purchasers of Marmon mo- tor car parts as the price for each part is the same in all parts of the United States with the exception of the terri- wry west of the Rocky Mountains, where the prices will be 10 per cent greater. The uniform rate policy was adopted after an exhaustive survey of the parts problem by the statistical department of the Nordyke and Marmon company. Un- der the new system with a few excep- tions the Nordyke and Marmon compa- ny will pay the transportation charges and excise tax on all freight shipments of parts listed in the Marmon regular parts catalogue. The list prices of parts will prevail in all distributor and dealer establishments, removing the confusion attendant to the old system, where the prices varied in different distributor and dealer establishments. "The interests of the purchaser of Marmon parts were paramount at all times in the study of the parts prob- lem which preceded the adoption of the flat rate system," said Mr. Brooks. "Tourists traveling from one part of the country to the other now will find the prices for parts the same wherever they go, an obvious advantage. List prices of parts also are being changed to conform to the new system and the new prices may be learned upon application to any Marmon dealer or distributor. Figures Show Increase in Electric Railroads To start an electric car requires 15,- 000 times as much electrical energy as that which brightens the filament of an ordinary incandescent lamp, or drives the electric fan. From 25 to 50 per cent as much power as is used to propel the car is required to heat it. As compared with the 25 per cent of energy used by the most efficient gasoline or steam engines, the electric motor utilizes 75 per cent of its power and wastes only 25.per cent. The electric railways of the United States have 44,440 miles of track, over which are operated approximately 107,- 000 cars and require a force of more than 300,000 men and women. The electric railways carry more than 16,000,000,000 passengers annually. The average number of rides per per- son in 1890 was 32. Today it has in- creased more than four and one-half times, to 145 a person. The modern glectric car costs from $8,000 to $18,000. The inspection of each car costs $300 annually and paint- ing costs range from $50 to $100 an- nually. * About 550,000 persons of the United States own electric railway securities, which represent an investment of $5,600,000,000. Illinois Postmasters to Hold Session in Evanston The sixteenth annual convention of the Illinois Association of Postmasters will be held at the Orrington hotel, Evanston, May 21-22. Speakers on the program will include Col. Paul H. Henderson, second assist- ant postmaster general, who will speak at the dinner; Congressman Carl R. Chindblom and William R. Spilman, su- perintendent of post office service from the first assistant postmaster general's office. More than 100 acceptances have been received for the convention, including those from north shore postal officials. Evanston Minister Takes Pastorate in Northbrook Edward M. Umbach, who has been the assistant minister of the First Presby- terian church of Evanston for the past four years, has accepted a call to the Presbyterian church of Northbrook, three miles west of Winnetka. Mr. Umbach began his work in North- brook on May 1, but he and his family will remain in Evanston during the sum- mer months as the new manse will not be completed until fall. Miss Cornelia Keith, who went East several weeks ago to attend her school reunion at Emma Willard in New York, returned home Sunday. REALTY MARKET SHOWS DECLINE Five Points Down from Peak of February The quantitative index of activity in the real estate market, recently es- tablished by the National Association of Real Estate boards, shows a decline for March of five points from the peak reached in February, when the official records of 41 typical cities from which the index is computed indicated an activity greater than had been shown for any month in the past nine years except the months of January and February of last year. The activity of the real estate mar- ket nationally, however, as shown by the index, is eight points over that shown in March of last year. The index figure for March is 168. This means that the actual number of real estate transfers and conveyances in the cities reporting was 68 per cent higher during March 1925 than the average number of such transfers and conveyances recorded in the same cities during February in the period 1916- 1923, the period taken as the base of the association's reckonings. While the index shows a downward slant in the survey of market activity for the first time since November of last year, the total number of transfers and convevances reported for all ex- cept two cities showed an increase over the totals reported for the pro- ceeding month. The average total for March, however, over the period of eight years used as the base of reckon- ing, noticeably exceeds the average total for February, and the difference in this factor has overcome the in- crease in actual number of transfers We Will Build For You! "THE HOME YOU WANT" 10% Down Balance on monthly payments A complete service--plans etc. all included in our price. See the homes we have built on the North Shore from Wilmette to Waukegan. Lake County Construction Company 212 Washington St., Waukegan, Ill Phone Waukegan 3031 10 N. Clark St. Chicago, Ill Phone State 8825 Oh-You Weeds' Give Your Lawn Grass a Chance! Make weed-pulling a pas- time, not a chore: No f more dirty digging on hands and knees: Stroll leisurely over lawn and garden, never stooping, and grab the rascal weeds-- all kinds, big and little -- wherever they show their heads. Sharp steel prongs-- a push, a twist, snap goes trigger; weed's in the basket! will be a Good Season for Weeds, ifit's a Good Season for Flowers--make it a weedless year without one single backache. MARVEL = WEED PULLER o Will Last a Lifetime! 7% ~ ORDER NOW ! 7) Send no money-- 24 iN a pay postman only Tie Address 30 MARVEL WEED PULLER 92 Scottswood Common Riverside o Illinois Not 882 Pine Street EVERGREENS, PERENNIALS, SHRUBS AND TREES WINNETKA LANDSCAPE CO. M. J. SULLIVAN, Prop. GRADING--SEEDING LAWNS--TRIMMING--FERTILIZER BLACK DIRT--MANURE Men for private grounds by the day. WINNETKA, ILL. Inc. Phone Winn. 1549 recorded, and brought the index for the month under the February index. The index for individual cities shows a non-uniform market. The cases showing lowered activity were spor- adic rather than sectional or in popu- lation groups. The drop, therefore, may mean two things. It may indi- cate a somewhat lowered market ac- tivity, the key to which is a return toward stabilization, and it may indi- cate that the real estate market, like the building industry, is tending to smooth out and spread its peak of sea- sonal activity. The records of building activity, it is pointed out, indicate that the sea- sonal peaks are declining but the total volume over the year is holding out. The new index of real estate activity is bearing out the probability that the real estate market is closely correlat- ed with the degree of building activity. MANY MILES OF MARCHERS An army, marching four abreast and stretching out in a column that would circle the earth 240 times--or 6,060,606 miles--that is the kind of an FOR RENT LARGE ESTATE ON LAKE MICHIGAN Beautifully furnished 8 room residence, 5 bed rooms, 3 baths, 50 foot screened porch, garage, situated in the heart of 2200 acres of beautifully wooded land on the south east shore of Lake Michigan. Owner unable to oc- cupy this summer will rent to responsible party at $350.00 per month. HILL & WHEELER, Inc. REALTORS "Homes for Particular People" WILMETTE OFFICE 334 Linden Avenue Tel. Wilmette 93 WINNETKA OFFICE 736 Elm Street Tel. Winnetka 142 army that would be represented by the passengers carried last year by the electric street railways of America. Approximately 16,000,000,000 passen- gers were carried. Chicago Publisher Buys 75-Foot Lot in Wilmette Among the recent transaction re- ported by George C. Kroll, of Heinsen and Kroll, real estate dealers, is the sale of the 75-foot lot, at the south- east corner of Greenwood avenue and Thirteenth street to H. B. Conway, of 818 Sixteenth street, Wilmette. Mr. Conway, who is associated with Ginn and company, book publishers of Chicago, plans to build a splendid new home on the site, in the near future. HAVE YOU DECIDED E can rent you a House W Charming or sell you a Home Beautiful. Handle your estate--collect rents--buy, sell or build -- mortgages -- real estate advice and information. GLENCOE REALTY COMPANY 665 Vernon Avenue Glencoe, Ill. Phone Glencoe 1158 E. T. LEONARD, Builder Mortgage Insurance Guarantees payment of Mortgage. Costs less than 29% of the Mortgage. Ask us about this unique service. Clore, Budinger & Smith "Place your insurance with a local agency." 1177 Wilmette Ave. Wilmette 1750 Safety and Service EHIND the service of Smart and Golee, Inc. are reputation, large finan- cial resources, sound busi- ness principles, and an exec- utive personnel that has earned the confidence of its customers. Bonds and mortgages sold by this firm are secured by the best Evanston apartment buildings. The return of 6 to 674 per cent is certain. Ask for Our Securities List. GQMART® MEE 1580 Sherman Avenue, EVANSTON University 285Rogers Park 0272 Black Dirt FERTILIZER LIME CRUSHED STONE FOR DRIVEWAYS Edinger & Sons Evanston-Wilmette-Kenilworth-Winnetka-Glencoe Phone, Univ. 5035, B |} | | | | | | [] | | | | | B® "n | | a d [| Ww a N | Wil. 642, Winn. 643 s ® |] ahs -- | a ---- - Tp