Indianapolis Times, Volume 38, Number 235, Indianapolis, Marion County, 6 January 1927 — Page 7

JAN. 6, 1927

NEWS OF INDIANAPOLIS BUILDING ACTIVITY

PETERMAN BUILDS MY DWELLINGS ~ * An unusually good building year was enjoyed In 1926, Floyd Peterman, 509 Massachusetts A.ve., contractor and builder, reported. •‘We found 1926 a very' good year, and the prospects for 1927 are unusually good,” Peterman said. , “We completed three houses last month, making twenty-one houses finished last year. In addition, we have planned on building other houses, but have not begun work on them yet. '“The demand for cottages has been very gratifying. The working man is not oontent any more to live in any kirld of a shack, but he wants a well-built, modem of semi-modern home. There may have been a time not long ago when the laborer was oontent to put up with any kind of a aback, but that'day is gone. A Pride in home owning has caught the rank and file and we are enjoying a good business to supply the' demands for homes. “The five or six-room houses have been most in demand. We have made arrangements for a workingman to buy a home and pay for it like rent. Such an arrangement has enabled many persona to undertake to buy a home, who under cash conditions \yould never he able to acquire a home.” Peterman has built homes In practically all sections of the city, although during the past year he has built a larger number in the northeast section of the city In the territory north of Twenty-First St. and west jt Kmerson Ave. ELIMINATORS FOR BATTERYPOPULAR Radio enthusiasts are assured of better reception during this month and next than any other two months of the year, hut every radio outfit should be overhauled carefully to test receptive facilities, according to H. G. May of Vonnegut Hardware Company, 120 E. Washington St., in charge of the radio annex department. May, stressed the value of battery eliminators which the firms handles, and which enable radio owners to get clearer reception of the many programs being offered, “Greater service demands are being made by radio owners at this time and these requirements demand better scientific design and more ao

SAVE for a Home in 1927 -IBaßr Look to the Future of Your JmTr* *f ■ Family —They Deserve a V ™ Home of Their Own This Association has been a tremendous factor in making Indianapolis a city of homes. Refer to the chart shown below and see how easily it is for you to own a home with 6% dividends compounded semi-annually on your savings deposits. You will surprise yourself how quickly your money increases with systematic saving. —- Don’t procrastinate—The time is now. Resolve that this year you will start a sayings account with this association and in a short while make the down payment on a home of your own. , All Accounts Opened On or Before January 10th Will \Earn Dividends From January Ist i We Charge No Membership Fee . , J ' . 6 Savings 2 Year ® 3'Years 4 Years |5 Years 10 Years • NO/ Dividends $ 1.00 $ 25.54 $ 39.4a $ 54.28 $ 69.98 $ 164.04 /D for *. 5.00 - 127,71 197,45 271,44 349,93 820,22 /yy . V: 10.00 255.41 394.89 .542.87 699 86 1,640.43 00 Years 15.00 383.12 592.34 814.31 1,049.80 2,460.65 \ 25.00 638.52 987.24 1,357.19 1,749.67 4,101.08 100.00 2,654.10 3,048.96 5,428.76 6,998.69 16,404.33 j 1 Chart Copyrighted by Bankers Thrift Corporation, Chicago ~, ' \ Fletcher Ave. Sav. & Loan Ass’n i\• \ . ' 10 E. Market St. /n the Heart of the Business District

Storeroom Has Round Corners

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Another example of modern storeroom construction work is shown in the building erected at Fifty-Fourth St. and College Ave. The building was designed by Pierre & Wright, 1134 Hume-Mansur Bldg., architects. Considerable interest centers in the rounded corner of the building, breaking the usual angular effect of storeroom construction. This type of storeroom comer has been copied by other builders since the building designed by Pierre & Wright, was finished. The building is a one-story struc'fure, built of face brick with terre cotta trimming. Jt has a flat roof line. Nine modern storerooms have been provided in the building, each fifty feet deep. -The building fronts on College Ave. It has a frontage of approximately 150 feet. Special attention has been given ail architecual details of the building to make it attractive, comfortable and convenient. A central heating plant has been Installed in the building to asnure each storeroom adequate heat. The ventilation of each storeroom is good. Faoh room is also well-lighted and plenty *?>f space provided for display. *, The storerooms are built well of high-grade tile, which gives rigidity and economical The storecurate construction, especially In battery eliminators,” said May. . “We handle a number of battery eNciin&tors, including Gould A and B battery eliminators; Burns B, Sterling B, and Kellogg B battery eliminators. They have given splendid service to an increasingly large number of users. “A battery eliminator will serve to deliver under a full load, full-rated and heavy voltage, giving a smoothflowing of plate current so as to produce the purest of tones. It gives not only pleasing results of local station programs, hut satisfaction for more distant stations without the usual hum or vibrations. “These battery eliminators are simple enough In construction so that when they are once installed In connection with a radio set they require jt lo further adjustment or attention. They operate on ordinary house current and the cost of operation is negligible.” The Vonnegut Hardware Company carries an almost complete line of radio equipment.

rooms are well plastered and tlnished in woodwork.' The general construction was done by A. V. Stackhouse Company, local builders. INSTALLATION BIG DEALING FACTOR / ' It Is not sufficient that the Williams Oil-O-Matlc heating system be well inadQ, hut It must be Intelligently Installed and expertly serviced, according to W. D. Long of the W. D. Long Company, 124 E. Ohio St., local distributor of the 01l-O-Matio heating system. “According to W. W. Williams, inventor of the 011-0-Ma,tic and president of the Williams Institute of Heat Research, the good will of 01l-O-Matic cannot be sacrificed on the altar of bad judgment,” said Long, "find E. J. Smith of the Underwriters Laboratories points out that no oil burner is any better than its installation. In fact, he insists thaf a good burner poorly Installed may prove less satisfactory than a poor one well installed. “Much of the success of any burner depends on the efficiency’ of the heating plant into which it is installed. Good Men Needed "This calls for competent heating men whose business it ig to determine the amount of radiation, to check the number and location of tiie radiators or registers, and to inspect the entire heating l system. The size and condition of the chimney, the state of the cleanliness of the boiler flues and the general condition of the heating plant comes under their examination. 011-O-Matic dealers are chosen _ from -.kindred lines and further qualified *y training in the Williams Institute of Heat Research, graduates of which now number in excess of 2,000. “Our salesmen are trained to make no rrtsh promises. They know exactly what the Oil-O-Matie will do.' Service men of ours, who are subject to your call at all times, are quick to locate any minor adjustments that might be needed occasionally.”

_• THE INDIANAPOLIS TIMES

fLETCHERLOAN HEAD OPTIMISTIC Business prospects for 1927 are excellent according to Charles R. Yoke, president of the Fletcher Avenue Saving and Loan Association, 10 E. Market St. “We have closed a very good year and we are proud of the many things we have accomplished in a business way in connection with the development of Indianapolis,” said Yoke. "We are starting off well for 1927 and prospects are splendid for another Increase in business. We opened the year with the largest re ceipts for any first business day of the year in the history of the company. “Our total year’s business during 1926 exceeded by more than 20 per cent that of 1925. We are proud that we are able to loan money to build an increased number of new homes houses. We loaned money last year to build 6T5 new homes and to buy 728 homes. Money to remodel 110 homes was loaned by our company during 1926.” The annual spring meeting of the company, which will be held the last Thursday of this month, Is expected to bring out additional facts of the progress of the company during the past year. Yoke said. Under Yoke's supervision the company has made considerable business history during- 1926. Surveys made of building conditions, as well as the saving habits of the city, indicate a general betterment, he said. J “We are planning to carry forward an aggressive policy for securing new business and new business friends. We have an authorized capital of $25,000,000 and expect to maintain the same highgrade business integrity.” HASKETT LIBER PLEASESBUILDER Absolute satisfaction in lumber and millwork, coupled with honesty in all details, are demanded by the officers of the O. D. Haskett Lumber Company, according to O. D. Haskett, president of the company, which is located at E. Twenty-Fifth St. and Nickel Plate railroad. The company has gblned a wide reputation as a firm of dependability and has supplied lumber for many of the finer homes of the city. Contractors have found that the firm keeps its word in supplying materials for homes and buildings. "Know the firm behind the lum-

her and millwork you use” has been the trade slogan of the firm. In order to back up its service, the firm lias insisted upon ex&etness in all orders and special care in glylng building advice. A fine spirit of cooperation lias been manifested by the firm. Much of the success of the company has come through cooperation with its customers in giving quality goods, according to Haskett. With modern machinery and installation of efficient methods of handling orders, the company has been recognized as one of the most progressive lumber firms of the city. The company lias shown a willingness to assist builders in solving construction problems. Experts are employed to make building suggestions. Tiie mill -work of the company has been expanded and many new lines are turned out to meet present-day demands. LOCAL WATER IS OF HIGH IUALITY Winter, spring, summer and fall, the public of Indianapolis Is assured of a good water supply by the Indianapolis Water Company through the installation of a water system that Is as adequate as modern science can supply. Wise planning for years has enabled the Indianapolis Water Company to pump to various homes of the city an excellent quality of drinking water. Nature's aid in supplying a good grade of drinking water is given in deep wells from which daily thousands of gallons of water are pumped. Pure water and plenty of it is one of the first essentials of the home. In “the good old days” of Indianapolis the pioneer sought out first a spring of clear, cool water before he built his cabin home. He knew there was no use setting stakes for a home without having available a dependable source of water close at hand. If the cabin got on fire, the family water brigade had to be the fire department if it burned down, as generally was the case, the neighbors fell to work and helped build anew home. Today, the average --eitlzen is assured of a constant, dependable water supply in practically every sec-' tlon of the city. The extension of water mains has gone on so rapidly that even in many suburban sections of the city, city water for fire fighting purposes, and even for household use, is available.

’ Straub Cinder Blocks ||| H are the Ideal stucco base. ■ H Wood trim can be nailed ■ I to them. Fire safe, 9 |jj damp-proof, exceptional n

We Will Bnild Too a Home Too Can Pay Like Beat FLOYD PETERMAN ___ ftOO HiuaacbiMttt Are. HA la 102* IV K bn ter *172

Fermor Spencer Cannon ARCHITECT 21 Virginia Ave. Cl rcle 2752

Achievement! People take pride In certain achievements. The O. D. Haskett Lumbber Company takes prldo In the fact, that every stick of lumber, every piece of mlllwork that leaves Its yards Is the best lumber and mlllwork obtainable. We have built our business on this fact, “Know the Firm Behind the Lumber nml Mlllwork You Fee." \ O.D. Haskett Lumber Cos. En*t*s“St6 Nickel Plata

BUY COAL NOW! People’s Coal & Cement Cos. Ss> Main Office 1109 E. 15th St.. Webster 4890, 4891, 4892, 4893, 4894 Connects yoA with Main Office and Yards Our* yards cover the city,

WARM AIR BEAT SYSTEMPOPULAR The warm air system of the Peninsular Furnace, sold in Jndlanapoils by the Peninsular Furnace Company, 364 S. Meridian St., has become very popular with an increasingly large number of homo owners, according to A. A. Ellig, local manager. Many home owners are becoming rapidly aware cf the significant difference between a warm air system and thq.hot air furnace system, he added. “The Peninsular warm air system takes into consideration upkeep costs and provides a heating system a recirculating principle,” said Ellig. “The oiterating cost of any heating system, to be sure, depends largely upon the intelligent care given it, hut in the Peninsular recirculating system, real economy is possible. It has a responsiveness in providing heat in a home or any type of building, that has surprised

F. E. TROSKY Merchant Plumber. Aladdin Oil Burners, Stover Water Softeners, Pittsburg Heaters, Universal Refrigerators. 2949 Central Ave. Randolph 1817

Oil Burner

The Cabinet Fnrnaee Burner Is auto-math-—that Is. It feeds just enough oil to keep an even, steady heat, regardless of weather changes. Fully guaranteed Hnd sanely priced. Visit our -durational showroom at 435 Mass. Ave. No obligation

•A SHADY BUSINESS ON THE SQUARE” Window Shades Indianapolis Shade Cos. 8922 E. NEW YORK ST. IRVINGTON 1740

Let Us Show You some of our beautiful modern and semi-modern 5-room bunga lows that we can build for you on small monhtly payments. $25 to S4O per Month PURITAN FINANCE CO. Transportation Bldg. Indianapolis.

LET US BUILD YOUR HOME lour lot as first payment. Convenient monthly payments like rent Civic Realty Cos. 188 N. Delaware tit. Lin. SOSO

KITCHEN AND KITCHENETTE EQUIPMENT of Housework Caldwell Supply Cos ig2.' SFwnwyiwtniaStl

Convenient Payment Plan We Will Install a PENINSULAR FURNACE St\rt paving 60 day* after installation is made Repairs for ALL MAKES of Furnaces Manufactured and Guaranteed by Peninsular Furnace Cos. Direct Factory Branch 6*4 . MERIDIAN. MA In 30*4.

many persons In testa which we have made. “Demands call for quickly heating a house in the morning and then maintaining sn even i temperature during tho day. In the chill of the morning. It often is difficult with many types of furnaces to quickly ralse the temperature of a house and is offen as difficult to maintain that temperature which will conform to the existing outside air conditions. “The Peninsular furnace has been constructed to provide a quick heat and it also provides for east in keeping a temperature conformable to outside air conditions. The recirculating system, in which air Is taken from a front hall or living

ARE YOU SURE? Naturally you feci certain that you own your own home. Before buying, yon obtained an abstract and bad it carefully examined. And yet—any day, some claim may bo asserted against this property. Only Title Insurance absolutely protects your ownership. By paying a single premium, you are protected. The only positively safe title is an insured title. When you buy real estate, insist on Title Insurance UNION TITLE COMPANY Indiana’s Largest Title Company, Union Title Telephone Building. LI ncoln 8361 The only positively safe title I* on Insnrrd title.

Eseol Furnaces Made In Indianapolis Steel or Cast Iron Fnrnaefd tor Fine Homn Installed by Ideal Heating Cos. 1437-39 Ontrnl Ave. Kan. 0101

BRIGHT WOOD LUMBER <s M D e arb o —- 1 Mill Work-Building Materials

1887 THE RAILROADMEN'S im BUILDING and SAVINGS ASSN. NO AGENTS—NO COMMI63IONB j 21-23 Virginia Av*.

Fletcher Ave. Savings & Loan Assn Has Paid 6% Dividends on Savings for 36 Yeai 10 East Market Street

INDIANA GUNITE& CONST. CO Specialists in Cement Gun Work - 816,jContinental Bank Bldg.

dElmcnt — THE BEN DAVIS LUMBER CO.— Lumber, Millworh and Building Materii

O WILLIAMS' IL-O-MATIC BURNERS in here six years. Hundreds in nse—no failures. W. D. Long & Cos. 124 E. OHIO ST. . Lin. 7110

Prepared Sand and Grave Washed, Screened and Graded Makes Best and Cheapest Concrete for All Purposes Indiana Sand and Gravel Asm 603 Occidental Bldg., Indianapolis Main 2076

Prospective Grawthj \ , Much has been said recently about Indianapolis* pros pective growth. The Indianapolis Water Company is pre pared RIGHT NOW for a City of Half a Million. In othei words, if houses were built and normally occupied wherevei we have facilities for furnishing pure filtered water, Indi anapolis would have a population of 500,000, . - / ' -* _ \ } I ■ Indiarmpolis Company

PAGE 7

room, eliminates the rewarmlng air from a room as In the case w direct radiators, and hence provi a fairly large proportion of breathed air constantly.”

Fireplace Fixtures The Ideal Gift for the Home Largest and Most Complete Bto in the State. VONNEGUT HARDWARE CO. 120-124 E. WashingtonS

BRANNUM-KEENE LUMBER CO. Wholesale and Retail Lamb •nd Mill Work —WE HURRY—IRv. 0404. 8506 E. Was

\ GARAGES tWagBSOS M ia Months to Pa,. .SaEiiEEgBSBIMI < Car..(279 Car. .SIBO HAMILTON LUMBER CO. 719 E. Maryland St. Drezel 0408.

Speedway Terrac The Ideal home site. Am from the smoke and soc Only 15 minutes’ drive fro Monument. Own your hon in this beautiful addition. Ask About Our Building Pla 805 Lemcke Bldg. Lincoln 5065.

Washington 1488 John H. Gottemoller Install a C-N-R Antomatlo wa softener. General Installing of plan Ing and heating plants. Repair work with truck sarvlt 3830 Cornelius Avenue.