Indianapolis Times, Indianapolis, Marion County, 28 April 1937 — Page 15

HOME BUILDING NEARLY DOUBLE FIGURE FOR "36

Construction Contracts During First Quarter of ’37 Total $2,984,700.

Residential building = activity in Indianapolis is neariy double| last year, the F. W. Dodge Corp. reported foday, with indications that the upfvard swing will continue through the summer. Home conscruction was reported at 1,133,300 for the first quarter of 1937, as compared with $553,500 for the same quarter in 1936. “Total construction contracts awarded in the Indianapolis area made the unusual advance, of 87 per cent during the first quarter of the year,” the report read. “The sum |of the construction contracts was $2,984,700, compared to $1,600,400 in the same period last year.

Top in Area

“The percentage of go-ahead in total building in the Indianapolis area is considerably. greater than

the percentage of advance through- |:

out the entire 37 states east of ‘the Rockies. Total building was only 15 per cent larger in the current quarter for the 37 states than in 136.” The bulletin reported private const i tripled in the {first quarter of the year—$2,557.000 for the present quarter against $849,500 one | year ago. “March held true to the upward | trend in private construction in the Indianapolis area, for contracts were awarded to the amount of $962,300 compared to $449,500 for March of last year,” the bulletin said.

Other Building Up

Nonresidential building was reported to have advanced 11 per cent in this quarter for a total of $851,300 compared to $769.900 for the opening quarter of last year, the report said. Indianapolis was one of the leaders in total ‘building costruction gains for which permits were issued ‘during the first quarter, the U. S. Department of Labor reported today after a survey of 122 cities.

SDAY, APRIL

28, 1037.

THE TNDIANAT

mits issued here totaled $2,055,168, as compared with $1,346,872.

March Retail Sales Jump 51 Per Cent

Retail sales in Indianapolis todays

showed a 51.1 per cent increase in|

March over February. This report was made today by the U. S. Department of Commerce after a survey of 63 city firms. The ingrease from March, 1936 to March, 1937, in the city was reported by the bulletin as 18.8 per cent. No adjustment for working days is estimated in the percentage increase. “The State's dollar volume in sales over one year ago was 12.3 per cent larger, with 519 independent stores reporting. The increase is shown after adjustment was made for the number of working days. Evansville reported the greatest sales gain over March of last year with an increase of about 40 per cent, while Terre Haute had the smallest increase of the large cities, about 9 per cent. State increases in March, compared to one year ago, in leading retail lines follow; jewelry, 55.6 per cent; department stores, 28.7; men’s and boy’s clothing, 26.1; women’s specialty stores, 25.6; shoe firms, 23.1; lumber and building materials, 19.2; grocery, 12.5; furniture, 13.6 restaurants, 12.2; drug stores, 8.5; motor vehicle dealers, 4.0; country general stores, 18.7.

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BOY'S BURGLARY

CAREER NIPPED

He’s Still Wondering How Police Trapped Him in Hardware Store.

A 15-year-old boy who chose last night to launch a burglary career was in Juvenile Detention Home today trying to figure out where the policeman came from. He equipped himself with a knife and a packing case hammer police said. Then he pried open a side

window in a hardware store in the 1000 block S. Meridian St., he told officers. He selected a rear door as an avenue of hasty escape in case of emergency. A passerby noticed the window open and called police. The boy heard a squad car pull up in front and he ‘went straight out the rear door, into the arms of an officer. Burglars who entered the home of Walter C. Boetcher, city controller, 1142 W. 34th St. escaped with $5 in cash and clothing valued at $50, it was reported to police.

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POLICE RADIO TOWER

BIDS TO BE OPENED

Bids were opened today for the

cost

construction of a new 215-fcot poJice radio tower in Willard Park. Expected to

apprcximately

$1000, the towers is to be equipped with a special antenna for two-way radio communication. Police officials hope that funds for the establishment of a two-way radio system will be made available soon. Under this system; police officers will be able to communicate by radio with headquarters.

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