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Show BETTIL!! COMPM MUCH EBGOiiGED Manager cf Mortgage and Loan Department Is Exceedingly Ex-ceedingly Optimistic. Mr. E. IT. Clarke, manager of the loan i and mortgage department of Bettilyon J Home Buildeiri company, is sponsor for the statement th:;t 10bj is going to be even a larger building year than IIo sayy: I base my prediction on the largo number of applications for building loans reeeived by my department already this year. If these applications appli-cations are any i ndi cation of the number of homes to be constructed this ye:ir. they will far exceed any previous year in tho building of one-story houses. This perhaps seems a rather broad statement in view of tho fact that last year showed an increase of 88 per cent over tho previous, pre-vious, year in the construction of dwellings. But the indications are so certain that I am sure of my position. The number of apartment houses contemplated being built will fujv orpial last year's record. Our lirm is doing a good business in building loans this year. W'o attribute at-tribute our success in this lino to the fact that we have special facilities facili-ties fur the handling of building loans, and make them our main forte. We also have had a very ready demand all ulung since tho be-inninir of the your for the sale of first mortgages. In fact, the volume of business ne- I gotiated by our loan and mortgage do pa vt me it hns far exceeded the original expectation of the firm j when the department was cstab- ! lished. It is Mr. Clarke's opinion that the general tone nf the money market is much better than for some time past. Monpy for cnod loans is fnirlv plentiful. Tli ere i-, h owever, no red 'union in interest in-terest rate and no indication th'i.t there will ho in the near future. The immense amount of gold coming into th: country from foreign countries, he says, will tend to make money freer , of arrs as the year ad va nc s. One j can hatdlv pick up an issue of the daily I paper- wirhout reading some large or b-r from one of the warring nation I bemg placed somewhere in the Tinted j Tie monev received from thce sources sourc-es bound to tr.ahe the money market more ; h'i'tie and benefit busine-s. |