Wilmette Life (Wilmette, Illinois), 4 Jan 1934, p. 42

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Fletion Barnes-With1n this Presèint. Beth-No Second Sprlng. Buck-Al1 Men are Brothers. Canfield-Bon tire. Corbett-Nice Long E-vening, Colver-Passlonate, Puritan. Delafied-Gay IA e Galsworthy-One More River. Glenn-Mr. Darllngton's Dangeromus .Aie. Hlemingwy-7Wlnner. Takes Nothlng. Miller-Gowns by Roberta. Morrow-Argonaut. Mulford-Deputy Sheriff. Niven-Itra. Barry. Parker-After Such PleaQure-q. Ripley-7Sand> Dollars. Roberts-Pllgrlm Cottage. Roberts Rabble In Arms. Rolland-Death of a. World. Saint Exupery-Southern Mal. Snow-Cowboy f rom Alamos. Spearman-HJell's -Desert. Srigge-Old, Man Dies. Woolf-Flush. Deteetive $tories Cobb-Murder by the Day. Cole-Death of a Millionaire. Estaunie-Madame Clapa in. Fletchr-Amnaranth Club. Fletcber-Murder of a Banker. Gollon¶b-Curtai ofthe Soryn. Starrett-Private Life of Sherlock Holmes. Travel Burnbai-Around the World on, a Penny. Brooks-An Italan Winter. Champney-Romance of. Renaissance, Chateaux. Merz-Great American Band-'Wagon. Blographoy Dalseme-BeaunlarChals.. -Cllfton-Béok of Talbot. Downey-Ricbar-d IfHarding.Davi,-. Wells-Shape'o! Thing-sto one Wissler-Man and Culture. DIekinsn-Internationai Anarchy, 1904- S.'4UAU cash for them. Some of these sales have been pure 'hedging' againsf in- flation. Most of tbem, however, have been purchases for use by the new owner who has feif that real estate has touched bottoni and that property is, an excepfionally safe place to put ,Money. "During the làst few weeks, we have found this infertest, exfending to invesfment properf y. Thiere have been nume rou s i nquiries for -either apartment buildings or Iomimercial properi.eswhich can be purchased *at attractive figures. Although a few of these buyers desire to pay only a portion of the purchas .e. p rice in. cash. the imajorify state that they wishi to buiv the property free and clear with n 1o mortgage againsf if. This signifies a belief on the part of investors that rentais are becoming stabilized and may soon increase. If alsois expres- sive of real confidence in the future of income producing real esftfe. "We expect thaf 1934 will see an iiicreasing number~ of actual sales of homes, farms, invesfment property and the beginning of an active mnar- ket for. residenfial vacant" NEW YEAR BABY The firsf baby of the New Year born at the Evanston hospital was Suzanne Stokoe, daughter of Mr. and Mrs. John H. Stokoe of 500 Fifth street, Wihnette. Suzanne, who is the Stokoe's first child, wàs born at 10:10 o'clock last Monday morning. Mr. and M~rs. P. F. DeTamble, 1232 Greenwood avenue, gave a -bridge dinner Safnrday, Decemiber 30. -o- Mrs. F. B. MacKinnon, 32' Leices- ter road, k enilworth, will be iancheon hostess f0 her bridgee club Friday. ending December 25. andl the total esfimafed cost- of construction work authorized by these four permits amnounted to only $1,030. In, the cor- responding period for -November five ýpermits were granted for build- ing alterations, the' total estimated cost of which was $7,650. Two bf. the. four December per- mits s ere for two-car private ga- rages, one costing $300 to be built for, M. J. Mick, 1762 Highland 'ave- nue, and the, other costing $200 to he erected: for Edward N. Person, 2232 Elmwood avenue. John K. 'Schulemanii.-3219 Lake.ave- nue, took out a permit on December 6 to' build a concrete and glass con- servafory.,costing $100 af the Lake avenue address. On December 9 a permit wvas is- sued to Charles 'W, Lerch, 1715 High- aànd avenue, for a' frame and, stucco .Sun porch cosfing ý$430. Glencoe Bu'ilding A ctivity Im proves Building activities, although lirnited in comparison with those of a few years ago, eontinued f hrough the closing month of the year in Glencoe, in a highly satisfactory manner. In addition to the $22,700 two-story stucco residence which H. W. Alger is erecting at 184 Sheridan road, and to which referènce was made in àa recent. issue of GIENcciF NEws, Deputy. Building Comniissioner Lawrence Helke issued three other perniits during the month*. One was f0 Henry H. Strauss for an addition and remodeling work, on1 his residence at 993 Forest avenue. Irhis is to cost $4,500. G. R. Windes is makingan ,addi- tion1 of two bedrooms and one bath to the ,second >story of his residence af 456 Drexel avenue, at a cost of $950., L. A. Ederer, 205. Çree'i Bar road,ý took out a permit for a playhô7use to cost $100, Three Building Permits ,In. reporting several recent sales, Baird & Warner, Inc., calis attention to the fact that the real estate niar- ket is gaining strength and becoming more active every day. "Until, just' re cently," states, Stew- art B. Matthews,, vice-president. in charge of sales, "activity.centered in the.sale of homes on the north shore, but now forthe' first time in months we are e xperiencing numerous in- quiries by prospective purchasers. for inconie property. This: new demand. alông with ý reai estate niews from New York.shôwing, that. investorsý with cash are putting their money into something tangible,, in other words, real estate, or to u se a well known- Chicagâan's expression. 'The Gooôd Earth,' as long as ,the dollar is indefinitely fluctuating day by. day, rather than their former practice of speculating in stocks andl bonds., is, very encour aging and creates an air of ýoptimismn. "An interesting detail is the cn trast betweeni the old and :new ýmeth- od in checking income property, which confronts today's investor. The former method was to think ini ternis of four, five or six times the gros-, income, according to theage of the building, and the new, that, a prop- erty. showing. a net income, of three or four pêrcent on the investnfient is considered a. good buy, cassum ing that values and rents are at their lowest ebb, and a steady rise. -cin be expected in the near future. Statistics recently released point out that a shortage of apartments is fast approaching a reàlity in1 Evanston, with more than a 90 percent occu- pancy, and better than 50 percent (le-~ crease in1 vacancies. Survevs taken i:în other sections turn out.similar re- sits, thiereby-.intimaýting t hai ren ts will, be forced',upward fo somçWhere, near their former levels during the era of prosperitv. The first in'pettîs of occupanv is, alw'ays felt in the S111)7 urban areas. "There are yet to le ha& unuisul:al opportunities for today's cash, buyer 'ni the present market, Consensus of opinion throughout the realt v world is that 1934 is 'oing f0 take on1 a nlew. 'e as Internatioal ý r &.JAYA88 ined hfv Wallace S. Remington of the George C. Hlager (Ueft) of Chicago, a director of RotaryIneatol The only building permit, issued in kokie Ridge office, were the only tWII betise principai speaker at a North Shore bter-City Rotary dinner Kenilworth during the past month brokers. Legal details were atfended b b he intis PaishHoue o Chistchucis Wineta, k~dt.pa~A was for a greenhouse addition f0 an fo b'v Thomas S. jolls of Packard, evenspg, Januiory 10. Mi-. Hager i., a former president of thse Chica.go Rotary existing f ool shed. The addition will Barnes. McCaue'hey and, Schumach-, club Th toastinaster of tihe eveing will be Will C. Robb (right) of be built for Mrs. Mary L. Orfseifen, er for the purchaser,. and Mr. jeronie Mayuiood, Ili., goverisor ofAtie 40th district, Rotary International 7vhich 337 Essex road. The, im-proirement j Sladkey of Urjoin, Drucker, Bîshp comprîtes Northemrnffli,. is f0 coasf $150.ý and IBoufell for the sellerg Speakers. ùt Big Rotary Rally

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