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the orner for a wevre issued in two weeks end- . ulug& Co*' E. FvailIa 77U0 junle was, the largest lending nionth in three years at the Federal as -Loan monra - FIRST. tOiToAU LOANS '140.COMMISSION 41/à% avas INTERESTý Reient W pripetfies, restrlcfte vaste and NotL times>the volume of the com~parable; The permit for the new resideneis vn.Who ar s d1 period in 1935, it. wasý stated thisi Federalwa McDonald,, Stewart by week building .a, îwo story frame bouse at Housing Administrator.J osig $14,This announcement follows the re' 92Wodlwnavnu. 3 WI port issued by,Mr. McDonald, show- 5areriselîee voumeof il om-North Michigan avenue. Chicago. ar ing hatthetotl Baruffi.Highood mitm ents to insuire home. mortgages,' the architects; D., including those for refinancing, nihate'cpetrndmsryo- J. Killian. NVitlteika. the first six months of 1936 exceeded tract, and Vric the volume for 'the entire year of the. plumbing. H. M. Keefe toùok out a permit for 1935. an addition to, bis, residence. at 340' avenue. costinlg,$3.000. Reaci $$78,Z .Hawthorne Home Loan Blank of Chicago, $1,727,70 being ne'wly advanced to savings, building and, ban associations,, in Illinois. and Wisconsin. This was, an increase of 71 per cent over May, and of 61,per centover june. 1935.1 according to A.ý R. Gardnier. pre si- S or *~rtrn simumual i.tme.t paynkts. Central 0227 1571 Shernmu Ave., Evanston INC. 1 N. La Salle St., Chicago University 2600 insure-imortgages on niew home construction reached a total of ý$61.878,642, as compared with $15,938,968 for the sanie period in 1935. DPuring the past month. wheni total business 'of thse bank1s and othei» private financial institutions lending insurable private funds under 'terni.; of the National }fousing Act reachied a new monthly record, the gain i n new construction mortgages over june, 1935, reached slightly more than 271 per cent. May's gain over the sanie month last year was 175 per cent. influding. June 30, commitmients f0 dent This activity brought. the- bank's lending, volume to, $5,217,325.03 for the. haif year, and the cumulative total of its advainces since the start, Iof -business to ,$30,697,952.87. ýTwothirds ýof this-- total ,is now outstanding, representing this addition, to the morîgage capital of Alteration Jobs on long-term home Winnetka Per'm'it List. the district. Only three building permits, ail for alteration jobs, were issued in Win-to 2 --The total 10 nefloe from ijul cost of the three impravements was $1,555. R.' B.' Brown is making alterations to his residence at 806 iRosewood avenue, costing $355; M.%rs. Thomas W.t Hearne, 734 Foxdale avenue, $400, and W. H. Rothermel,. 1381 Asbury avenue, $600. iterý of home ited States, inion trend for Indicative of the comtparatively highi demand for mortgage funds 1lhere is the statement that the Eederal Home Loan Banks of Portlan dl Winston-Saklem and Boston, serving the Pacific Northwest, the Southeast and the East respectively, have interbank deposits of their unusued funds with the Chicago. unit of the system. Mr. Gardner recalls that one of the' primary purposes of the system's establishmnent was to facilitate a flow of môrtgage funds f rom regions vvhere they were not needed to those Construction M.drmizofi.g SRepoir à 1, !I1Vy Ltotai'ed~~U4. lDarnsêMter 'of ConatUucUti@i builders to obtain loans needed the bas present time. on -1[IV de$2,597,000 Bank Chicago at or other lending banks construction f rom their institutions, after wbich tbey obtain building permits, let the contracts and start the hammer and saws going on their new homes. posit from such institutions, putting them to. use ini other parts of Illinois and Wisconsin wbere tbey can serve the home most effeétively. It was pointed out by Mr. McDonaid that the home mortgage insurance commitments made by the. Housing Administration have beenI Arcitectural -Servce MODEL HO USE IS REA DY FOR INSPECTION, -j 1 : «VANeON 1.1'l2 VATONCEN. Park limits.' of pIyThse home is of steel frame constution, wvith este rior walis of asbestos and ivterior wIlis oand ceilimg Cà. & wood, and' was erected by- Ceserai Hous, Inc., uth thse cooperatio» of Seors, Roebuck