Show 42 C THE SALT LAKE TRIBUNE ESTATE ' AND- REAL Same Radiators Can Be By BLAIR RICHARDSON Hot Water MARCH 22 1936 HOME MODERNIZATION - Difference in Interest Rate Two Methods When Buying Home or Auto Discussed in Explained by S L Realtor Home Heating Blair Richardson Tells Reason for Amounts Charged Revealing Security and Investigation of Credit Status SUNDAY MORNING Expert Foresees Will Finance Building Upturn in Brick Construction Bond Method Housing Plans Legal and Financial Problems Solved Says Official Used for Steam or Everybody knows that two and two are four but many people do not seem to know how much 6 per cent interest is In If the home is to be heated with the advertising section of a newspaper almost any day aie will boiler there are two methods a can which for sale tee a house or lot or automobile advertised be purchased with a part In cash and the balance in payment monthly payments with six per cent interest If one attempts to buy an automobile on the instalment plan leaving an unpaid balance of $600 payable in 12 monthly instalments he probably will find the seller will add six per cent interest for one year making the total balance due $636 which can be paid in 12 equal payments of $53 per month Amount Differ If he purchases a lot or house leaving a balance due of $600 pay' able in monthly instalments of $53 each he would pay the total balance and six per cent interest by making eleven payments of $53 and a twelfth payment of $2447 or a saving of $1730 in interest In other words when one buys any commodity on the Instalment plan to be financed at six per cent interest the interest is usually computed on the total balance due at six per- cent for the term of the contract or at least one year If the contract runs that long In purchasing homes or building lots on the instalment plan and paying balances in monthly payments the interest at six per cent is only figured on deferred payments or principal balances due each month In the automobile or other commodity purchase the six per cent Interest would be $36 for the one year while on the lot it would be but $1870 or a difference of $1730 The difference between six per cent Interest and six per cent interest on deferred payments Is almost one hundred per cent on a year’s con- people could not have both a home of their own and an automobile they would be much happier with an automobile Others would prefer a home and would be happier with it because of the security it offers for the present and for the future Illness hard times or troubles are always easier to get along with in one’s own home Old age in a home of your 6wn is as enjoyable as a beautiful sunset Salt Lake City has about 37000 homes duplexes and apartment These units within its borders house nearly 150000 people Within our city limits are probably 40000 automobiles— more automobiles than living quarters units These automobiles cost their owners over a million dollars a year to operate but they create business acquaint their owners with the city state and nation: They create happiness and satisfaction Without them no city in the United States today would be as modern or as close to other cities as they are Automobiles actually The increase real estate values home and the automobile both have their place in the nation both go hand in hand People Will buy both no matter what the interest charges or unpaid balances are but realtors are proud of the fact that they can sell their properties on easy payments with six per cent interest charges— about one half of six per cent automobile interest charges available first the entire system— bciler piping radiators and an ex pansion tank— can be filled with water which will make it a hot water job or second the boiler may be partially filled with water which Is brought to the boiling point and converted Into steam That will make it a steam job In the hot water system the water as it' ir heated in the boiler tends to set up a natural circulation moving through the “flow” pipes to the various radiators losing heat there to the air that flows over them and returning through the “return” pipes to the base of the boilers System Explained In the 'steam system the steam flows to and through the radiators there being converted back into the liquid state because of the loss of heat to the surrounding air the liquid “condensation” returning to the boiler in one of several differ- ent ways WASHINGTON March 21- -In creasing interest in the large scale housing operations of the federal housing administration led to statement here today by Federal Housing Administrator Stewart MC' Donald on the means of financing such projects It must be remembered he pointed out that large scale housing projects are privately owned operated and financed the federal insuring housing administration mortgages on such developments just as it insures '’dwelling mortgages and modernization credit loans Apart from furnishing the housing administration with evidence of the need of such projects on the sites suggested and the financial soundness of them as investments the operators are required to furnish the means for financing large scale housing projects Thus far Administrator McDonald said loans made on large scale housing mortgages have been made in the form of direct loans by in- Design Detailed building documents for the houses' shown in this series may be secured at moderate cost through the Home Building editor of this paper This service is presented to our readers through cooperation with the Architects’ Small House Home Service bureau building questions will be answered without charge Write to the Home Building editor inclosed a stamped envelope I Bid Room uotjr ft Indications Seen That Construction Will Double in Detroit DETROIT Mich— Present indications are that residential building In Detroit will double during 1936 according to Mason P Rumney president of the builders and traders’ exchange here “One influence” he said “cannot be avoided in a discussion of building activity natnely the work of the federal housing administration which has undoubtedly made an impress which will be permanent on the residence finance setup" Undoubtedly the long term amortizing mortgage has now found its rightful place “We have made a study of the entire housing situation which brought out facts that were never known before Detroit is today facing one of the most acute housing situations it has ever known The vacancy in housing’ units today is approximately 2 per cent the lowest it has been in many years “The building industry is the one industry that will bring back prosperity and we should do everything possible to encourage the building of homes as real estate is the basis of all wealth” ' Either of these systems of heatsurance- companies ing employs the fluid— water or “This’’ he said “is a very satisArchitects’ Small the 1936 Copyrht steam— as a vehicle transporting House Service Bureau Inc I factory arrangement and it is to be heat to the radiators where it is ill! f a that continued of supply hoped transferred to the air of the room 1 1 funds will thus be available Only This is in contrast to the warm-ai- r the larger of the insurance com1 Is circuI that where the air V system f There is no fixed formula for a chute in one corner and a china panies however can make the large lated through the room Is transcase in the other The room is large loans involved and not all of the rooms You small six house to can be heated take to the furnace 1 ported H I companies have evidenced a A and tack to the room where it and arrange them in a million dif- enough to accommodate a small larger Mil' -- J to do so Moreover disposition table walls to furniture the loses Its heat a good many of the The kitchen is well arranged with many financial institutions have exferent ways celling and to the air ways are wrong Here is one that many drawers and bins and shelves pressed interest in making a part Each system has its ardent adis right because among other for storage The flues at the rear but not the whole of a loan under vocates and each has certain adit 1 things it is consistent If you will of the kitchen are for kitchen venti- a large mortgage vantages when properly designed "Consequently it has become necu-J- L look at the plan you will see it is lation and also for taking care of and Installed and inherent disadessary as well as desirable to conThe lines are irregu- the house heater to is picturesque made if an attempt vantages lar It is distinguished from the forThe stairway is behind a plaS' clude arrangements whereby the In Town Boasts First save money on the Installation financing on these projmal colonial house that More tered arch which matches a similar mortgage everyone Fifteen or small a home large ‘Turning knows Now look at the exterior one that building tract ects can be accomplished by means Years onto the in dining element opens last is the the heating plant Improvement Neither Plan High This also is picturesque Thus we room The stairway leads to the of bond issues Owing to the careTurret’ Models to where an attempt at skimping or ' ( have the wanted balance that archi- hallway on the second floor where ful analysis of the projects themProbably neither plan is too high iw The first PLACERVILLE Cal— is justified When one purchases an automobile major improvement of Main street "saving” tects call unity— a plan and exterior there is a linen closet and clothes selves and the high standards of Cities Visit to Due Density on the instalment plan the financier here that go together And both are very chute Three bedrooms and two location design and construction in the past six years has Both of these systems employ required coupled with mortgage inmust go to some expense checking been begun fine baths are provided The Meredith completed to fluid the to the must convey and credit of the the 13 ’4x20 has a The living room up buyer The entrance vestibule inclosed surance bonds of such projects WASHINGTON— T h e National building financed under the mod- pipes take some chance on having the ernization credit provisions of the radiators and a pipe or pipes for Home Shows which have been held large fireplace with a stone arch in half timber work is picturesque- should constitute an especially high car stolen or wrecked While the national housing act is expected to Its return The flow Is entirely ornament above it A ly set against the chimney stack grade investment not only for instiand a in density In the key cities of the country dur- double plaster casement window opens to This with its brick pattern be- tutional investors but the public as automobile flnancer’s Interest act as a stimulus to other major im- due to thethe difference Beautiful well fluid at its hottest ing the last two months have been the front a four-sas- h charges are almost twice as much provements As a part of the proj- between Is window at the comes of extreme interest Gable "Section 207 of the national housas the home or lot seller's charge ect an old building standing In when it CORNER CHINA CLOSET leaving the boiler and so tremendously successful that the end ends in half timbered work and the use of the same Is returning to the home or lot "seller takes-ver- y The dining room which is two bay window in the front bedroom ing act requires the federal housing administration has the rear of the new structure has its coldest when it mechanism for paying the mortgage Fits snugly in t corner Hei crystal little risk The home may burn been modernized into two modern the bottom of the boiler The force decided to add 15 units of its edu- steps higher than the living room adds beauty A utilInsurance as is used in the case of clear glass Built flow ds very slight and cational exhibit down but insurance will compensate four-roothe is also abundantly lighted Beyond Construction Solid brick walls Several 'causing the equipment apartments to install of charm on homes fitindividual easy It ity other elbow mortgages and every no can one lender but every the for that five already in service thereby pro- is a dining alcove with a clothes roof of shingles other major modernization projects involves certain legal and financial Phone or Write for Pamphlet steal the lot It will be inhere it is are now contemplated along Main ting every foot of pipe every piece viding the central attraction so that be j problems when bond financing is that Improperly of may pipe from now on shows of this type may be held in street considered but these have been sucslanted tends to op- almost every sizable city in the The longer the lot stands the more In Tehama county considerable “pitched’Lpr cessfully solved Bond financing is valuable it becomes The automo- modernization ami new building pose it States contractor United possible and it Is expected clearly The competent heating wili bile and the house may be similar be about new units The ready projects have been noted on poulthat very shortly the first Issues due to the fact "that from the day try farms Taking advantage of the knows that a certain size of pipe April 1 Nineteen Of the 20 will ROOTS IN DRAIN house we would remove the old sid- of bonds will be sold” bf purchase their value will depre- privileges offered by the national properly installed will serve a given travel from town to town while the also he knows or radiators "We radiator trouble the have with the for be will located ciate In the case of the car all housing act many poultry raisers other pipe ing apply tightly fitted sheathing spring the house to the street boards and cover with a good of its value will disappear within have Installed modern brooders and that a pipe a size smaller properly and summer-a- t Amenft’-Vpx)siti6- n connecting will sewer For six or seven years we sheathing paper as a base for whatSan Diego Cdi from four to ten years The de- poultry houses Production Is said puLln or worse carelessly set amount at had none now in spite of frequent ever finish we decided on Schemes preciation of value in the house will to be double that of two years ago nottransport the necessary ConseColor of heat to the radiators visits by the plumber it quickly be so slow that most people will COSTS Red white blue and aluminum quently he knows that any attempt will stops up again Why?” never notice it Its value may not be scheme color the be Increase to continue Why do not architects design installation an by Building to uncommon is not an cheapen It experie in or seventy-fivdiftotally gone fifty or less? EVANSVILLE Ind— A large vol- skimping on pipe sizes or through of the new units but they will ence There is probably an accumu- houses to be built for $5000 !' years from the time it is built ume of new construction is predictcareless or Improperly supervised fer from the original five in certain lation of roots in the drain and al- asks an impatient Personal Preference Instead of "talking do but the kind of sound ed for Indiana during 1936 and Ev- workmanship will result in an un- other details may be rodded out in They towers” the new equipment will though theycontinue that one can get for this A few years ago a home of one's ansville is a scene of building matplant to heating catch prelimisatisfactory great part they This ter does not have enough meturrets” feature own was almost a necessity money "turning There nary activity It is expected that fill the thus and to Useless pipe again Skimp or scenery to comes about from the fact that ' were few apartments and not many 300 new homes will be consructed cracked or chanical equipment If you fully appreciate the truth many exhibition halls throughout Perhapshavea pipe hasunder who must build at to many appeal atIn in Evansville during 1936 and a places that could be rented the opened will reduce the You car this figure those days an automobile was purely large proportion of these will be fi- of this situation you country do not have ceiling joints tacks of the roots Probably it will and below before at height sufficient to display the tow- be necessary to have the drain build within this figure but you a luxury Today an automobile is nanced undeV the federal hotising the size of the house meet ends to make by ers The towers are adjustable it tempting have to take what the money almost a necessity and a home Is administration’s taken up and a new one laid Prob- will single mortgage trying to save on a heating plant is true but the full effect is not will bring a convenience and comfort If some system will other give is ably remedy any The steam radiator because it to be enjoyed unless they stand at relief DIMENSIONS using a higher temperature fluid their full height 38 feet The “turn- only temporary can be smaller than the hot water ing turret” towers will be 12 feet Again we are asked for fireplace WALL FINISH Our inquirer wants dimensions radiators of the same heat output high and will fit into buildings in Side walls covered with drop sid an opening 34x30 inches but is As the radiators are exactly alike almost any city In every other respect this means The turrets are novel in the ex- ing without sheathing have not puzzled as to what depth to make to a lower cost Likewise the piping treme They are at the top of proved satisfactory says this home it There is a rule for this— two for the steam system Is smaller fre- aluminum pillars and turn slowly owner Now he is goingto put on thirds the height for the depth the quently utilizing but a single pipe red white and bluo lights flashing a new wall covering but is un- latter to be not not less than 21 to each radiator instead of two and alternately through huge red white decided as to material and method inches The width of the fireplace Not likely unless yon hence cheaper On the other hand and blue letters “F H®A” Each The new surface finish could be has nothing to do with it collect antiques Yet where water used as the transport- unit includes a highly decorative siding shingles or stucco but if Copyright 1936 the Architect!' Smell House Service Bureau Inc ing medium there is more heat information booth where the public we were doing the job on our it is as modern as old stored in the system and it takes may obtain full details on solving style windows with much longer for the radiators and home financing problems under the Diamond cold to noisy weights and get national housing act as well as piping Kimberly cords — windows that other features Small Architect! CopyrlKht 1936 the Ilouae Service Bureau Inc Rush Recalled in rattle and stick and Exhibit Material After the first of the National waste fuel Modern New Film Showing Home Shows held in Baltimore builders are using Doctor Designs early in January the federal housFlying Cnrtis SILENTITE was administration swamped PENN YAN N Y (UP)— George ing Pre-FPortable Hospital Kit with Windows requests from cities through- Washington it develops had diffiNEW YORK (UP)—Movie makout the country for the use of its cost no more They to reconstruct in obtaining proper fitting ers have attempted Four traveling culty exhibit material See Silentite here to a letter owned the "drama of diamonds” that was ' ST PETERSBURG Fla UP) — units obviously were not sufficient trousers according by Harry Bennett of Dundee Yates enacted 60 years ago in Kimberly Robert R Seaton chief pharmacist’s This led to the decision to obtain county mate at the coast guard air station the additional units' Their appearToday Kimberley is The letter written by Washing- South Africa here has devised an emergency ance for the time being will be ton on November 5 1782 was ad- a ghost town but in the 1870’s it was medical kit than contains 100 pieces restricted to cities of 50000 or more dressed simply and was sent from the teeming set for a colorful epifor anything from Booking arrangements already are Newburgh It speaks for itself of equipment sode in history way "Dear Sir: By Doctor Gregg I treating burns to making amputa- under The success of the National Home send most vivid character was Cecil The to tions which $692 you appears His mates who urge him to sub- Shows has astonished officials of be the balance due you for your John Rhodes founder of the Rhodes mit his design to Washington call the federal housing ofadministration lands I pray you get me made by Scholarship trust His name was and different — the most modern the country- measure inclosed a SILENTITE is newdoes thte kit a "portable hospital for and gives testimony of the pair It GB to the away with weights and cords and production givdn interest in better housing nicest and best leather breeches planes” He carries it when he an- wide are Huston Walter “Rhodes” thouof wide tens mullions and trim It eliminates rattling and starring They 300 miles 200 or attracting to balky swers calls rush SPHERE is something very taking in the idea of build-in- g "I know not at this time who is weather-strippemany of esteemed the most celebrated maker Kimberley in the days when med- sands of visitors daily d is to administer It metal to metal which resea to by sticking plane as much house for as little money as possible Rhodes first went to Africa to seek whom have sought information on or I would not trouble ical treatment to injured sailors duces air infiltration and cuts heating costs There are a you with so health and fortune was a border declar-tn- g the single mortgage system But don’t yield to it Or if you do—know BEFORE- there town on small 'a matter dozen other superior features whiclL mak& Silentite the the fringe of civilizatkm tt istheh— Intention of taking was a person calledFormerly the think) (I New Housing Types It teemed with activities of desHAND how much repairs and depreciation you are letlong-terof its best window buy on the market advantage neat which Carabous very by features to finance new breeches were peradoes and derelicts Its gambling See Silentite here and get full information If you wishj made Created in Honolulu home construction There is such a thing as the ting yourself in for dens and dance halls were like those to be had in America are "Whether show you some recently built homes with these modyet well they the rush gold during National Home Shows are held I know not neither do I know the extravagance of CHEAPNESS— avoid it HONOLULU T H— Modern atNo obligation windows ern admindays not federal the v by housing of leather breeches at this tractive homes are replacing the The film was made in the veldt local sponsoring price if the money sent not suf- and traditional grass huts in many parts istration but asbyreal but day estate boards ficient the producers pledged themselves groups such of these islands deficiency shall be paid to make it faithful to history with on and chambers of commerce for the As conditions denand housing pop' For 4 formation Call or Write: interests of better housing in "I shfeuld tf&eAbt ulation improve indications of the the Father J E Rockliff travels 50000 beg to have them sent their cities at heart as soon architect a I of distinct as shall thank work mission in his miles a year possible development SALT LAKE PRESSED BRICK CO UTAH FIRE CLAY CO ture are noticeable The houses you for reiterating my request that among Catholic sailors Plan Mortgage of Salt Lake City Utah Salt Lake City Utah have adapted the general form they be made roomy in the seat The They generally make them so tight the letter through finding an old the roof of the old grass hut with OKLAHOMA CITY Okla its low pitch and overhanging eaves general manager of the General In the thigh that it is with difficulty Bible history book in a home he was LEEK BRICK COMPANY OGDEN PRESSED BRICK & TILE Architects use liberally the popular Home Financing corporation of St they can be drawn on COMPANY Ogden Utah cleaning of rubbish Knowing that Ogden Utah "The measure inclosed is the size his wife would prize the Bible book lanais (outdoor porches designed to Paul Minn is arranging with variadmit cool winds) Subtle oriental ous lumber yards throughout Okla- I would have not what they could he took it home SMITHKIELD BRICK & TILE CO - BURLEY BRICK A AAND CO influences blend with modern homa to handle single mortgage sys- be brought to "by stretching That was in 1918T For years the Smlthfleld Utah Barley Idaho book remained in the Bennett home trends to produce a general effect tem loans in addition to the modern- - "Yours “THE LUMBERMEN ” which is altogether charming and ization and improvement loans for Only recently he picked it up and (Signed) "G Washington" Salt Lake City Wasatch 410 Bennett came into possession of the letter dropped out meriy made by their institutions impressive r FHA Exhibit 4r Tour Attracts Wide Notice :CIJir in 4 dust-pro- m Home Builders’ Clinic " home-wants- ‘Wouflc) In spite of the temptation CcOt “Save” by using inferior materials build of FACE BRICK cj iJiiL 30 YEARS AGO? Ifou Letter Reveals r History Sidelight it Jn&dOti SILENTITE ft'ljcioi MEW HOME! ' -- m easy-payme- nt adi- - otSticA Morrison-Merril- l COW & Co 'J f I 1 |