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FEDERAL HOUSING ADMINISTRATION WASHINGTON iTEWART MCDONALD ADMINISTRATOR MOTCll 2 6 , 194-0 Honorable Marriner Eccles Chairman of the Board Federal Reserve System Washington, D. C* Dear Marriner: I attach you herewith a report of the FHA activities for last week* Referring to the subject of home builders who have been taking advantage of the mass production principle, I wish to say that in many parts of the country forward-looking contractors have been doing this* Some of the most important are shown on the list attached. Perhaps the greatest of these is Gross-Morton on Long Island and Henry Doelger in San Francisco who have been building small houses at the rate of 400 to 500 a year for the past several years* Monroe Warren, a Washington, D. C. builder, is now breaking ground for preliminary operations which ultimately will be 1,000 houses of the #2500 class in this vicinity* I notice myself in making field inspections, even in the smaller operations, there is a growing tendency to use pre-cut lumber and even install portable electric tools on the building site, thus doing away with former hand carpentry work* For instance, I inspected a small operation, involving not over 10 houses, the other day, where the builder had a shed in which were electrically driven saws, drills and other labor-saving devices* cerely yours, Stewart McDon Administrator FHA Form No. 12 (Revised Oct. 15,1937) FEDERAL HOUSING ADMINISTRATION MEMORANDUM DATE Mar* 25, I9J4O TO: Mr. Stewart McDonald FROM: Shirley K» Hart SUBJECT— Tentative Figures for Week Ending March^22 Estimating the figures for the Topeka, Kansas office, mortgages selected for the week ending March 22 will approximate 5,700 for $26,190,000, as compared with 5,865 for $26,568,01? for the corresponding week last year. Of the number of mortgages selected for appraisal during the week, approximately l ^ , or 76 per cent, covered homes to be constructed« This compares with 3,915 last year. During the week construction was started on 3#250 new small homes, as compared with 2, last year, and under Title I construction was started on 150 homes. S. K. Hart ZONE I Gross - Morton Development Co. Hillside Realty C o . Monroe Warren, Tower Bldg. Edgemoor Terrace Co. Warner West Corp. Erny-Nolen Corp. John H. MoClatchy Charles Reis Harry Kolodin Mace Albert Walker Joseph Cummins A. C. Rossell A. Inganamorte A. N. Prior United Associates Corp. Jess Home Builders, Inc. Tru Homes, Inc. Guterman Developers Corp. Utopia Cottages Inc. City Park Homes, Inc. Forest Hills Plateau, Inc. Green Acres Estates, Inc. Benreiz Investing Corp. Nonpareil Homes, Inc. Merrick Park Gardens Corp. Green Park Homes, Inc. New York, Jamaica Jamaica, L. I. Washington, D. C. Delaware, Wilmington Penna. Philadelphia Penna. Philadelphia Penna. Philadelphia New Jersey, Hackensack New Jersey, South Orange Washington, D. C. Washington, D. C. New Jersey, Port Lee t f Hasbrouck Heights n Teaneck ff Teaneck New York, Jamaica f t r t t r n t t t t t l t t I I f t t f i t i f r t f f w t f t t t t t f ZONE I I Greater Miami Development Co Burke & Speith <!• C» Long Florida, Miami Kentucky, Louisville S« C## Columbia ZONE III E. J* Walsh Co. Miller Homes, Inc. Sherman Bldg. Co. J. C. Nichols Charles E. Vawter Ginn Bldg. Co. B & A Construction Co. Joe Holtzman Illinois, Michigan, Missouri, Missouri, w Chicago Detroit (13535 Livernois Ave) Jennings (St. Louis) Kansas City « Michigan, Detroit it tt ZOHE B. L. Crain (Garden Oaks Co.) 17 Texas, Houston ZONE Grove r K i n g , Paramount E s t a t e s Arthur Weber Henry Doelger Stoneson Hayman Bros. Calvin Tisher California, Los Angeles w ft n ft San Francisco tt ft w ft w