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AIR CONLITiONING JODBING 8& REPMIRS Siate<nid Tii, ROOFING CÇonstructioi LOANS W. .1er defefcg »ma nbaumnf l TELEPHONE DAVIS 2233 COON LEY MORTGA0E SANKING That's what son zvill say ta od hw hoh sees this cosy pool room in the basementofkit home where automatic où heat inakes hosýpitatble,:and a* place of coinfort and pleasure, thre sp ace that woldd otherwvise be "jst for jtorage. for Automtic oil burners, such as is shouw in the inseri above, are making mnany F*ry basements into recreation roonu and influencing thousands of boys and girls to ns Play at home. ~,.... ~ ~ 1smokeless chimney, the invention of With visions of ant ideal city m soot is' not present and wherec is been set up ini the Lake Forest, and ex- late have indicated that >n of smioke is not cdream. About mid- imney, an oxidizing unit This unit, through the had 226 lbans totailing ijobuac- cepted for insurance through Decemi- ber 3 1, 1936, as 'compared with 140 mortgages accepted as of june 30, 193 6 amountinig to $1,24,050," said, Mr. McDlonald. Foster' Home Ownership E-vdence of home- ownership pro- motion was shown in the report ýby thé fact that 23 per cent.of the asso- ciations' volume of mortgages ac-. cetdfor insurance since the incep- tion of the Federal Housîng Adminis- tration was- advanced, for the con- struction of new, homes. This, re pre- sented the, purchase of 37, moderate- priced homeswhieh wil be debt-frëe in a period of twenty years or less through the medium of small monthly mortgage amortization payments. A volumxe of $258,8W0.,in mortgages ac- cepted for insurance' through 'these associations for this type of financingk was revealed by the report. 0f equal importance in the estab- lishment of a sound. realty market, it was noted that 77 per cent of the home- mortgages accepted for iiisur- ance through these associations was advanced for the refinancing of exist- ing mortgages. In lightening the mortgage burden of 189 home own- e WE ARE PLEASED TO ANNOUNCE TO OUR CLIENTS THAT WE HAVE J1JST COMPLETED ARRANGE- the regulabon ot the oxl4nzer. . , 'This splendid cooperation bv the The unit is Iow in cost and easily Chicago associations," said Mr.- Mc- installed; the only disadvantage that Donald, "contributed to a 313 per cent may prevent it. lrom being widely increase by savings, building, and used is that. it is not yet known how loan associations nationally in thieir much gas will be consumed in the volume of mortgages accepted for in- oxidizer. surance by the Federal Housing Ad,- I ~ ministration during 1936." I UK~.,INC. EfEL Deer&.id 241 I I. âge-