Indianapolis Times, Volume 43, Number 257, Indianapolis, Marion County, 5 March 1932 — Page 12

PAGE 12

REAL ESTATE HEAD OUTLINES HOME'S VALUE Property Investment Safer Than Securities, Says Le Gore. "Real estate values now offer opportunities for Investors unheard of during the last quarter century,” Dan W. Le Gore, president of the Indianapolis Real Estate Board, said today in a comparison of the drop In real estate prices and the decline in stock values. “Proof that the public realizes the values now offered is provided by the fact that more than 10,000 persons visited the 1932 model home when it was opened for inspection las Sunday.” Although real estate has suffered, it has taken less of a loss than any other investment, Le Gore pointed out. According to recent figures, real estate values have declined 15 to 25 per cent, while the average loss in New York Exchange listed securities is around 75 per cent. Investment Is Stable ‘‘The average shrinkage on real estate, located on the best streets in our soundest cities,” Le Gore continued, "has been around 30 per cent. This is conclusive evidence that real estate has stood the test better than the Stock Exchange securities. "A glance at the leading stocks of the country shows that all have decreased appreciably. During a period of nine months to a year and one-half, the shrinkage in value of the same amount of money, were it invested in income producing real estate in a favorable location, would be fractional if compared with the decrease shown in stock investments.” Real estate is usually stable, Le Gore said. Values and incomes may suffer temporary shrinkages, but they are quickly restored. In addition to fair returns, well located real estate steadily increases in value—a factor not to be overlooked by the investor. Purchaser Is Sole Owner "A man purchasing real estate is sole owner,” Le Gore said, “while a minor stockholder has very little to say regarding the use of his dollar, since investments in stocks and bonds depend largely on management. "What we need today is confidence. With intelligent management, a little faith and an optimistic outlook for the future we can have a safe-and sound investment. “No investment equals one made in a home. It is an undisputed fact that home owners make the best citizens.” Confidence in the future of real estate in Indianapolis is expressed this year, Le Gore said, in plans for the eleventh annual Realtors’ Home Complete Exposition, to be held April 2 to 10. This year’s exposition will be on the largest scale yet attempted by Indianapolis realtors.

The City in Brief

Suspected of stealing chickens from a farm near Ben Davis, Orville Stirwalt, 24, and Claude Owens, 29, both of Martinsville, were held by police here Friday on vagrancy charges. Boy Scouts of troop 78 demonstrated setting of broken imbs before an audience of about 150 persons Thursday night at the Northwood Christian church. Dr. 11. W. McKane of the state health board spoke on “Social Life” before members of Indianapolis chapter, Women of the Moose, Thursday night at Moose hall, 135 North Delaware street. Dr. Hendricks J. De Lange of The Hague, Holland, will lecture on Christian Science at 8 next Friday night at the Second Church of Christ Scientist, Twelfth and Delaware streets. Milo H. Stuart, assistant superintendent of schools, will speak at a meeting of the Scientech Club Monday noon in the Architects’ and Builders’ building. Fay McCallister will speak on Women and the Labor Movement” Sunday afternoon at the Workers’ Forum. 932 '.a South Meridian street, as a part of the observance of International Women’s day. A Sit. Patrick’s party, sponsored by the Brookside Civic League, will be held in the Brookside community house Monday night, with dancing, cards and entertainment on the program. Following an indoor program of the forestry and music committees of the Nature Study Club of Indiana Sunday at Woollen’s Gardens a walnut from the Mt. Vernon estate of George Washington will be planted in a small thicket of native dogwood and rosebud, commemorating a similar planting by March 1, 1785. M BABY - CHICKS r ) That Live and Grow V"*4f Out flocks are heeded bv JWV ™ al ” * ro p approved Indiana R O F hens with records of 200 eggs or better, most of them have non-broody hens as dams and grand dams, some have four generations of non-brooders back of them. All are from hens that have laid large eggs price lower than Auradeii ,ve , n ever s °l<i before. Tested for 13 years. 17 rears' experience. Buy your baby chicks from a pouivryman. VISIT OUR HATCHERY Phone HU mboldt 70*6 AURADEN POULTRY FARM HATCHERY Proved Springmills Read at 79th St. INDIANAPOLIS INDIANA

START PLANTING NOW COMPLETE LINE HIGH-GRADE GARDEN SEEDS GARDEN IMPLEMENTS—GARDEN SUPPLIES SPECIAL!! OH High-Grade LAWN SEED Z/C 13 SCHUH BROS CO. 9 N. ALABAMA—Opposite East Side of Courthouse. LI. 8897

Cosy Rooms Attract Thousands to 1932 Model Home

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BY HELEN READY Cozyness and livability describe every room, from the master bedroom upstairs to the social room in the basement, of the 1932 model home. Outside, the home looks small, but inside you will find six large airy rooms, a breakfast nook and a social room big enough to hold all your friends at one time. Outside, again, the home looks as if it was designed in the eighteenth century to take its place among others along the sea washed coast of New England, inside you are pleasantly surprised, its as smart and modern and typically 1932 as a new hat. You enter an arched Colonial doorway and instantly are aware of the perfect blending of early American atmosphere with twentiethcentury utility. The carpet of the living room is In a hooked rug effect in shades of green and rust. Glass curtains of ruffled and dotted fillet reach to the floor. Overdrapes of George Washington chintz complete the harmonious window decorations. Sofas in a heavy home-spun material and chairs in a colorful Colonial chintz make up the features of this delightfully restful room. In the dining room early American dominates the scene. Again we have glass curtains of ruffled and dotted fillet. The overdraperies are of homespun in gay stripes to harmonize with the rug—an engaging early American pattern. The furniture is in faithful reproduction of Duncan Phyfe’s handiwork when at his best. In the kitchen every trace of the eighteenth century is left behind. Electric gadgets everywhere. Good clean linoleum on the floor, mechanical refrigerator; compact, efficient gas stove; handy sink with all sorts of cupboards around it. Nearby are an electric sweeper and electric ironer, just to make things a little more pleasant for the lucky mistress of this modern 1932 home. In the social room the eighteenth and twentieth centuries again are mixed, harmoniously. A tiled floor, built-in fireplace, steel bridgeset and a radio in an eighteenth century cabinet combine to hold that cozy, comfortable atmosphere. Twin Jenny Lind beds, dressing table and perfect appointments throughout make the master bedroom the most delightful place imaginable in which to sleep. In the junior bedroom one finds the last word in what the future president may desire at the age of 7 or so. A nursery pattern rug; ivory ruffled glass curtains with green dots and the little “Scotty” dogs chasing over the bed spread tell you that this is junior’s room, and he will be proud of it. It’s a house that’s meant to be a home . . . that’s the grandest thing you can say about any house, be it large or small. May the bright, blue shutters protect it! PLAN SUNRISE SERV’’*’ Annual Ceremony Will Be Held on Monument Steps Easter Morning. Arrangements for tenth annual presentation of the sunrise Easter services on the Monument steps, are being made by Mrs. James M. Ogden, leader of the Ogden Junior chorale. The program, which will be staged by school children and Boy Scouts, is to be held at 6:30, March 27. The presentation will include songs and a religious service. In case of bad weather, the program will be presented in Circle theater. LAND FUNERAL HERE Sister of City Woman Dies in Crash at Jeffersonville. Body of Mrs. Emma L. Land, sister of Mrs. George W. Stout, 1703 Pr*'- avenue, killed in an automobile crash Friday at Jeffersonville, Ind., is being removed to the Shirley Bros.’ central chapel, 945 North Illinois street, for funeral services.

(Since 1856) SOW GRASS SEED NOW We Handle All Kinds of Grass Seeds and Fertilizers Bash's Indianapolis Park Board Grass Seed 35c Per Lb.. 3 Lbs. for SI.OO New Catalog Our 1932 Catalog Now Ready Call, Write or Phone the Original BASH’S SEED STORE CO. 141 N. Delaware St. LI. 5226 (Free delivery on purchases of $1 or more.)

ECONOMIES OF HOLLOW BRICK WALLOUTLINED New Type Foundation Has Advantages Over Solid Block. Building contractors are evincing i a keen interest in anew type of hollow foundation wall of brick, developed in Pittsburgh, which has proved to be more economical to other type, not exof the several kinds oi synthetic block. In tests by the engineering department of Ohio State university it also showed a much superior strength. The wall consists of two courses of brick laid side by side, four inches apart, and bonded together by brick piers spaced at every fourth or sixth stretcher, leaving a four-inch hollow space between them. These piers may be either of single or two-brick, according to the strength requirements of the wall. One can be built as easily as the other, but the double-brick pier has been shown by tests to be the stronger. Paramount points in favor of the wail are that it gives a 12-inch wall of adequate strength with the use of a trifle more than two-thirds of the number of brick required in a solid wall, insures a saving of 40 per cent in mortar, provides a hollow wall of greater strength and efficiency than any dther type now being built and, being simply straight bricklaying, provokes no objection from the mason. In dryness it is unsurpassed. Pittsburgh contractors have found that it affords a saving averaging 3 cents a cubic foot more than the ordinary type of block wall. SCOUTS WILL BE FETED Troop No. 78 to Be Honor Guests at Northwood Church Dinner. Annual party of men and boys of the Northwood Christian church will be held Monday night, with members of Boy Scout troop No. 78, the honor guests. S. D. Ranstead is chairman of the arrangements committee. Other committee members are C. H. Becker, H. H. Davis, H. C. Dre’ssendorfer, Glenn Findley and M L Sutton. Cabinets, Drawer Space Needed The modern housewife appreciates efficiency and convenience in her home just as her husband appreciates it at his office, and proper kitchen cabinets, drawer space and shelving will ease her work and increase her enjoyment of her home the year round.

BUY NOW—While Prices Are Low WALL PAPER GUARANTEED PAINT 500 Patterns Household Size u to select from 4-Hour Enamel.. | f| Varnish Stain.... I I Low as \/ fx per Roll Screen Enamel... ■ v/ v J /2'-' Stove Enamel.... EACH TV all Paper and Paint Cleaner, 6c Domino House Paint. $1.50 per gal. LEE’S WALL PAPER & PAINTS ~ . Formerly Peerless Wall Paper and Paint. 3JO Uest Washington Street . . . Our New and Larger Store or Increased Business.

]fc£§Pj For Your New Home Save Money Now! F“1 ‘PRINCESS” §S C While Limited Stock Lasts f PA ° n easy weekly te”lls- - H $Px J♦ JU Price includes carrying V/ charges. No extra interest. Formerly Priced at $98.50 lifetime Guarantee—l 2 Months’ Free Service. *£ ’ * LAUNDRY QUEEN We s tinghouse Mo- ELECTRIC SHOP tor. Balloon Rolls 207 E. Ohio. Rllev 6188 Wringer. •

n Here’s a Real BARGAIN yX M New fIH Home New 8-Tube Superheterodyne With tone control and distance switch. The most selective set on the market. Formerly sold for $97.50. Dozens of other equally good buys to be found at the RADIO BARGAIN SHOP. CHEAPEST PRICES. HIGHEST QUALITY to be found in the city. You MUST shop our store to really realize just how much your dollar will buy in a Radio today. Don’t forget— RADIO BARGAIN SHOP 225 East Washington St.

THE INDIANAPOLIS TIMES

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Five representative rooms of the 1932 model home erected at 5240 Cornelius avenue under supervision of the Indianapolis Home Builders Association. The home is forerunner of the eleventh annual home complete exposition to

STATE HEALTH CHIEF IS OUT FOR BLOOD Dr. King Seeks Cultures From Infantile Paralysis Victims. Dr. William F. King, director of the state health department, is “out for blood.” In and circular letter sent to secretard of Indiana county medical associations he asked co-operation of physicians in obtaining it. The blood he wants is to be taken from persons who have recovered from infantile paralysis and used to make serum to fight the disease. The blood will be collected by the state health department and the serum developed in the state laboratories, where it can be had by physicians when needed. R. O. Berg was named chairman of the Industrial Democracy Club at a meeting held Thursday night at the Y. W. C. A. Others elected are: Daniel Stauber, first vicechairman; Jack Evans, Lecond vicechairman; Mrs. Anna Lindsay, secretary; Mrs. Mabel Knapp, assistant secretary, and Roy Wilson, treasurer. N. M. Cos. Chick Feeds All these mashes are made of the highest quality products and in our own mill. with dried buttermilk and <t 1 OK cod liver oil 'F 1,30 N. M. Cos. Chick Starter, 18% protein $1.85 in 500-lb lots. Per 100 lbs. N. M. Cos Growing Mash, 16% QC protein with dried buttermilk. $1.75 In 500-lb. lots. Per 100 lbs. N. M. Cos. Laying Mash. 18% <CI with dried buttermilk $1.65 in 500-lb. lots Per 100 lbs. Export Scratch Feed— d*l Oft Per 100 lbs QL.OO $1.25 In 500-lb. lots. Phone LI. 7974 Free Delivery in Indianapolis and Suburbs. Noblesville Milling Cos. Cor. East North and Fulton Sts.

—Photos by Bass.

be held at the state fair grounds April 2 to 10. Upper Left—Social room in the basement; center, kitchen; upper right, living room; lower left, master bedroom; lower right, junior bedroom.

DUNN FORMS TAX FIRM Former County Auditor Is Head of Advisory Organization. On his return from a trip to Florida, Cuba and California, Harry Dunn, former county auditor, Friday announced he had assumed presidency of Tax Accountants and Advisors, Inc., a firm specializing in local tax matters. Since he left office, Jan. 1, after eight years as auditor, Dunn and his family have been on vacation.

Northside Realtors Have Joined Together to Offer These SPECIAL HOME VALUES OPEN FOR INSPECTION SUNDAY TAKE THE ENTIRE FAMILY AND SEE THESE!

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1526 N. LINWOOD 3-Bedroom brick home—tiled bath, oak floors—garage—beautiful landscaping—2 blocks from church, school and bus line. $6,868, Clear Open Every Afternoon, 2 to 5. ROBERT L. MASON 5440 N. Meridian. HU. 5067.

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5810 Washington Blvd. Open Sunday Brand New Brick Home—4 bedrooms. master bath and connecting shower. Extra large living room 15'/ 2 x32. Center Hall type. Beautiful mantel Fireplace. Extra Large Dining room. Tile Kitchen. G. E. Refrigerator. Ventilating fan. Breakfast room, social room. Toilet and laundry complete in basement. Oil burner. Concealed copper radiators, copper screens. Slate roof. Two-car garage. WALTER T. WHITE CO Wa. 2498. Ri. 7870.

5720 CARROLLTON English type. 3 bedrooms, 2 bathrooms upstairs, one glass enclosed shower, full social room. Wayne oil burner. Built by owner. Most beautifully designed and arranged. Beautiful yard, etately trees; 2-car garage. Coat *21,500 little over year ago. Reduced to *17,000. ALBERT J. QUIGLEY, Realtor. WAshington 0957 Riley 4561

Prices Are Right! Terms Are Right! Buy Now!

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Furniture, Rugs and Draperies Let Us Help You Decorate and Furnish ' That New Home Builders and Home Owners , We Invite You to Inspect Our New Line of Norge Refrigerators SANDER & RECKER Interior Decorators MERIDIAN AND MARYLAND

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1108 CENTRAL Siller.v says: Buy this splendid property as a home for your business. Twelve rooms, two baths, lavatory in each bedroom; four-car garage with servants’ quarters. Solid brick house, slate roof, steam heat. Perfect condition: 80-foot corner lot. Zoned for business. Offered for less than ground is worth. Reasonable terms. Owner a non-resident. Open for inspection Sunday 2 to 5 p. m. FRED H. SILLERY REALTOR Call TAlbot 3701 for further information and appointment.

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5753 COLLEGE New English type brick veneer. 3tudio living room, large coat closet, library with book shelves, dining and breakfast rooms, kitchen with large cabinets, tile drain, Frigldaire, 2 bedrooms with cross ventilation, colored tile bath downstairs, master bedroom with private bath and 1 bedroom with lavatory and toilet upstairs, social room, laundry and furnace rooms, oil burner, automatic water heater, 2car heated garage, lot 80x182. Call Mr. Graham, Ri. 3536; Res., Hu. 7344. W. R. HUNTER CO., REALTORS.

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532 HIGHLAND DRIVE OPEN SUNDAY P. M. This modernised brick home is offered st a 1931 value; 3 bedrooms, sleeping porch, master bath; large shaded corner lot. oil burner, oil painted walls, Frigidaire. water softener: extra toilet; attached garage; near schools, churches and beautiful wooded section. Will Accept Bungalow In Trade Riley 2844; ETes., WAshington 5228 THOS. F. CARSON & CO.

5621 CENTRAL I AM situated on top of the hill commanding most unusual views; of Dutch colonial design with a colorful tile roof, side center hall, and three light airy bedrooms. My walls are newly decorated. My lot. 60x268, rear part fenced in, which is beautifully shrubbed. Is a paradise for the kiddies and their pets. Shade trees, a swing and plenty of open space to romp and play. Close to school and bus service, too. I must tell you my owner had to move away and has authorized E. E. Brodbeck of Gregory & Appel. Li. 7491. Res. Ta. 8740, to sell me at a very low figure, on terms, so low that I know I am worth more. Please come out between 3:00 and 5:00 Sunday and look me over. Then you bo the judge. Yours, 5621 Central Avenue.

5234 WASH. BLVD. Four-bedroom colonial, center-hall type. Living room 16x26; beautiful fireplace; side porch; breakfast room; lavatory on first floor; four large cross ventilated bedrooms; master bath; laundry in basement; beautiful high lot: 64x127; insulated and weather stripped throughout; 2-car garate. This is a comfortable livable home; in an A-l location; priced at 811,750. WAYNE M. HARRYMAN REALTOR Li. 2157. Xr. 6189.

438 W. 44TH St. c-PEN SUNDAY Stone fireplace, hardwood floors, sand finish walls, metal windows, tiled bath, ample closets. 6x7 breakfast room. Tile sink in kitchen. Frigidaire. Thermostat electrically controlled furnace. Antique furnishings throughout Spacious room on second floor. Lot 65x130. Only 89,000 ; 8800 cash gets deed. KENNETH R. FRY, Inc. 817 Circle Tower. Li. 2182. Hu. 1283.

-MARCH 5, 1932

HOME COURSE IS OFFERED IN REAJJSTATE General Principles of Law Taught by Columbia University. Owners of city and suburban real estate now have a home study course offered to them by Columbia university, covering in simple fashion, but on high authority, the general principles of real estate practice and some outstanding points of real estate law. Bankers are expected by the university to find the new course of use to them—bankers and others interested in real estate financing, trustees, title guarantee people and business men generally whose affairs touch real estate questions, or whose business interests are affected by real estate development. Thomas A. Bartley, former instructor in charge of real estate in the Wharton school, University of Pennsylvania, will be instructor for the Columbia course. There will be first a lesson on some legal phase of real estate, then one on a related commercial phase.

Do Not Put Off PAINTING It is false economy. Repairs are costly, more so than paint, and if your home is allowed to go without paint expensive repairs will surely be necessary. HATFIELD PAINT CO., Inc. 104 South Meridian

5425 N. Pennsylvania St. Open Sun. 2 to 5:30 P. M. Beautiful brick veneer; 4 bedrooms, 2 complete tile baths, center hall, lavatory on first floor, oil burner, water softener, instantaneous heater, social room and laundry. This home lived in Just one year and in wonderful condition. Owner now living in New York and wants an offer. See or caU ARGUS, Ri. 9369; Res., Hu. 3418. AMERICAN ESTATES CO., REALTORS

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4440 Central Ave. Beautiful east front; lot, 90x 300 ; 3 bedrooms and sleeping porch. Near School 70. Joan of Arc and in the heart of the best section north. House In excellent condition. Will trade eqnify above *3,600 loan for income property or bungalow. C. B. DURHAM SECURITY TRUST CO. Riley 9+84

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5262 CENTRAL OPEN SUNDAY Large corner lot, 64x132—4 big airy bedrooms, master bath—social room—aunporch and other added feature* including very economical heating equipment. Beautiful trees and shrubbery—-2-car garage—house contains all the latest equipment—in choice location. ROBERT COLLIER Riley 2285 605 S. Penn.