Indianapolis Times, Indianapolis, Marion County, 30 January 1940 — Page 10

PAGE 10

HARDWARE SALE |

GAIN PREDICTED

Association Head Predicts $25,000,000 Retail Volume in State in 1940.

A gain of 25 per cent in the state’s hardware sales this year was pre-

~ dicted by Carl A. Miller, Kendall-

ville, president of the Indiana Retail Hardware Association, today as the association opened its annual fouroday convention at Murat Temple. The approximately 1000 retail hdrdware , stores’ sales last year amounted to nearly $20,000,000, and should reach $25,000,000 this year, he said. Last year's business represented a gain of nearly 25 per cent

, over 1938.

Among the reasons listed by Mr. Miller for the expected ‘gains this

year are sales of equipment and fur-

nishings resulting from new home construction, under the FHA program, and the increasing number of electrified homes under the REA ° program. While this increase in business will not result in more added employment ‘in hardware stores, Mr. Miller said, it will directly affect the numerous hardware manufacturing firms in the state. More than 1500 were expected to attend the convention sessions, which opened with the presidents luncheon at the Murat. Dr. Allen A. Stockdale, New York City, was to speak on “The Future of America” this afternoon. .A dance is to be given at the Hotel Lincoln tonight. Tomorrow’s program will include a luncheon. Among the speakers will be D. Wray DePrez, Shelbyville; Philip K. McDowell, credit manager of Hibben-Hollweg & Co., Indianapolis, and G. D. Munger, Washington, REA utilization division manager. An exposition of hardware articles is being held in connection with the convention.

$11,000 FOX PELT SETS NEW RECORD

NEW YORK, Jan. 30 (U. P.).— The highest price for a single skin in the history of the fur industry was set here when I. J. Fox, retail furrier, paid $11,000 for a Norwegian platina fox pelt. Offered at the Lampson, Fraser & Huth auction, the record fur was the feature of a 400-lot block placed on sale for the account of the Norwegian Platina Fox Breeders Association of Oslo. It was the largest platina fox offering on record.

Lower Prices on Watch and Jewelry REPAIRING

even skiies crattsmen. 0 d aped crystals fitted While vou wait.

y Your Peper sable Jewelers

director.

CENTRAL BUS ROUTE WILL BE REVERSED;

The Central-Keystone bus, serving the area bounded by Central and Keystone Aves. and 46th and 52d

Sts., will reverse its route loop starting Sunday and afford area residents more time’ to get downtown. The arrangement was completed last night at a meeting of the BelRose Civic League which was attended by Evan B. Walker, Indianapolis Railways representative. The bus now follows Central, turns east at 46th, north on Keystone and back to Central on 52d. When the route is reversed most of the residents served by the bus will be able to board it on its way toward town, thus saving time. Reports also were made at the meeting on petitions before the City Council on a community house, a fire station and a public library for the community.

WESTERN UNION NLRB VOTE DUE TOMORROW

A National Labor Relations Board supervised election will be held tomorrow among Western Union -employees here to determine whether they wish to be represented by Commercial Telegraphers Union, Local 7, of the A, F. of L. The election will be held from 7 a.m. to 8 p. m. at-9 E Market St. Those eligible are employees of the traffic, commercial, mes-

senger and plant departments who were ‘on the payroll

Jan. 8.

The Latest—Streamlined Lawn Mower

Times Photo.

A streamlined, chromium- plated lawn mower that purrs like a brand-new 16-cylinder automobile and which even {a baby, can operate,” drew the attention of three officers of the Indiana Retail Hardware Association at the annual convention today at the Murat Temple. Left to right are Paul Ulrich, Indianapolis, vice president; Carl A. Miller, Kendallville, president, and G., F. Sheely, Indianapolis, managing

STATE DEATHS

ANDERSON—Ira Edward Umbenhower, : Bre Charles sisters,

. aries willhide and Mrs. 2 Mrs. Mahala Keller Neeley. BOONVILLE—Mrs. Minerva Jané Hougland, 69. Survivors: Sons, Frank and Oliver; brothers. Porter and Charles Brown; sisters, Mrs. Lizzie Brown and Mrs. Mattie Graham. : CHESTERTON—MTrs. J. F. Lundquist, 91. Survivors: ughter, Mrs Fred ohnson; sons, Samu imon, John and Henry

ELKHART—John T. Helfrick, 71.

EVANSVILLE—Mrs. Samantha Jane Matthews, 83. Survivors: Daughter, Mrs. Katie Brown; sons: Jacob, Kenneth and Marion Armor; tepdaughters. Mrs. Lula Taylor and Mrs, aura Wentzel; stepson, James Matthews.

Wesley John Galloway, 43. Survivors: Wife, Beulah; brothers, Louis, Orville and Heber; half-brother, Leon Galloway; sisters, Mrs. Clinton Cooper, Mrs. Zautko and Misses Ann, Hazel, ang Olivia Galloway ; Miss Katie Ts 57. Survivor: Sister, Mrs. Edward Warner Christ F. Kuan, 73 Survivors: Wife, Mary, sons, une, Neal, Gordon and Clinton; brother, ny Mrs. Emma ee 5. Sons Clinton; daughters, Mrs wlow, Mrs Edna Medcalf and Mrs. John Rohinson George H Schaefer, 57. Mrs. Arnold Creacy

Miss Ruth Irene Gaither, 15. Survivors: Parents, Mr and Mrs. a Gaither

ELWOOD—Charles D. Powell, 76. Survivors: Wife, Catherine; sons, Chester and O. D.. brothers, Ellsworth, Sullivan, Homer and James; sisters, Mrs. Jennie Thoutner and Mrs. Inez Yates.

FT. BRANCH—Mrs. Sarah Stewart, 90. Survivors: Sons, A. C. and Lonnie; daughter, Mrs George Foti, sisiies. George and Halleck Strong.

HUNTINGBURG—Mrs. Rose Bamberger, 59. Survivor: Sister, Mrs. Lena Laughlin.

LINTON—Floyd Stone, 42 Survivors: Wife; three children MIDDLETOWN — Mrs. Mae Benbow Hoover. 65. Survivors: Husband, Jose ih daughters, Mrs. Winnie Huff and Irene Fadely; Mrs. Charles Sels and Mrs. Laura Crabill; brothers, Clarence, Henry and Frank Benbow

MICHIGAN CITY—Mrs. Mary White, 75. Survivors: Sons, August, Herman and Charles; daughters, Mrs. Olga Woodke and Mrs. A. G. Coleman NEW PARIS—D. H. Fisher, 69. ors: Wife, Winifred: son, Harry: ter, Mrs. Adrian Weybright. Barbara Anne Hellman, 9 thonths. Survivors: Parents, Mr. and Mrs. Carl Helman; brothers, Paul and Carl Jr.

Fontella

Survivors: Clew

Survivor: Sister,

sSurvivdaugh-

n anthony, William and Henry.

MUNCIE—George Waldron, 70. Survivors: Wife, Sarah; augers, Mrs. Vernon Shoshergen Mrs. Estella Handson, Mrs. Myrtle Neuerman. Mrs. Gertrude Johnson and Mrs. Lenora Brown; son, Clarence. OSCEOLA—Mrs. Anna Nunn Becker, 79. Survivors: Son, Paul; half-brother, James Nunn: half-sisters, Mrs. Edgar Dils and Mrs. Lucretia Dils. STENDAL—MTrs. Sarah Zyen McCallister, 74, Survivors: Husband, T. McCallister; Son. Sherman Powers; i Mrs. Eth hei oldt; five stepchildren; sisters, Mrs. a Erwin and Mrs. Laura Jones. gg BEND—W. W. Dunkle, 66. SYRACUSE—Lewis A. Seider, 65. vivors: Wife Lulu; brother, Isaac; Mrs. Sam Burgener. VINCENNES—Frederick W. Busse, 91. WAKARUSA—I]saac Myers, 82. Survivors: Wife, Elizabeth: sons, Aaron and Elmer; daughter, Sarah M. Hygema; sister, Mrs. Anna Stump; brother, Simon,

Sur-

Otto Zahmer, 6

GIVES BIRTH TO BOY DESPITE BROKEN BACK

NEW ORLEANS, Jan. 38 (U. P). —The birth of a son eight days ago to 29-year-old Mrs. Gilbert Landry, who has.been in a hospital since last September with a broken back, was disclosed today by physicians at Charity - Hospital. © The blue-eyed boy was reported as “not so well” and doctors, while hopeful, watched his condition closely.

It was a Caesarian birth, and the first child for Mrs. Landry. : Mrsr. Landry was pinned beneath an automobile last Sept. 3 when it overturned. Her back was broken between the pelvic bones. She also suffered severe burns on her thighs, a fractured shoulder bone and a fractured skull. Her back healing under the care of physicians, Mrs. Landry has been told that she may Walk again

soon.

G Ready Tomorrow at 9 A. M.

BRAND NEW DRESS

J EXC Jo

see the dresses that are to sale at only $1.

price.

Over

Your $1 bill seldom if ever bought such beautiful dresses here. Values the whole town will be rav-

ing about.

Look at These Fabrics

Crown Tested Rayons DuPont Spun Rayons Velveray Acetates Washable Crepes Rayon Alpacas French Crepes

SMART STYLES HOT OFF THE FASHION GRIDDLE... Frivolous “date” frocks . . . business dresses . . . 2-pc. dresses .. . Slenderizing large size dresses . . . prints and more prints . + » colors from dark to high shade pastels . . . color on color

prints.

LOOK AT THE SIZE RANGE—Dresses for Misses from 12 to 20 .., for Women . . . smaller women and larger women even up to size 520 EXTRA SALESPEOPLE — EXTRA

SALES SPACE.

| NOTE:

J LEADER STOR

WASHINGTON & DELAWARE ¢

just a few of a kind,

i SL

- DRESS NEWS

we’ re Excited! . .. You'll Be Excited too!

Because a well known manufacturer of Better Quality Dresses was overstocked, and needed money, our CASH OFFER enabled us to make our Greatest Dress Scoop in many months. Every dress made to sell regularly at two and three times this low

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ITING

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Zipper Taffeta and Rayon Satin ‘ HOUSE COATS INCLUDED Sizes 12 to 20

_ THE INDIANAPOLIS TIMES

sister, |

. 80, '19

[FOURTH OF HOLE LOANS ARE PAID

State’s Average Is Considerably Above Nation’s, Says. - Indiana Head.

More than a fourth of the $112, 170,592 loaned by the Home Owners’

| | Loan Corp. to 48,824 Indiana bor_|rowers prior to June, 1936, has been

repaid, Robert M. Collier, State manager, announced today.

Indiana’s record of repayments is

| considerably better than ‘the na{tional average, Mr. Collier said.

“More than 36,730 Indiana families, refinanced by the HOLC when

| they faced the loss of their homes

through foreclosure a few years ago,” he said, “today are clearly on their way to. debt-free home owner-

: ship, or already have achieved that

3605 Pay Off in Full

Of these, 3605 have paid in $7,450,254 to cross oft their debts in full. “Some 33,131 others ‘either are entirely current, less than three months in arrears or-are meeting all current bills and, in addition, making regular monthly payments to liquidate their arrearages,” he added. “Still 5648 others are making adjusted payments sufficient to keep their accounts active and we expect the great majority to rehabilitate themselves. “Considering that the average borrower was two years delinquent in both principal and interest and between two and three years. on taxes when he was refinanced, the record proves that what most of our borrowers needed was only a fair chance to overcome the hardships the depression forced upon them.”

HOLC Owns 2031 Homes

The HOLC now owns, he said, through voluntary deeds or abandonment, 2031 homes in Indiana, and has sold 3096. were sold for $8,035,657, or about $2,591,000 below their book value. These losses, together with the selling costs, are met through the spread between the interest the HOLC receives on its loans and the lower interest it must pay on its bonds. 7

These later homes].

GET A DEED

You pay for a home each 15 years that you pay rent, so why not arrange to get the deed for it? To start you, a down payment is all

that is needed, and we can assist

you to accumulate it. Remember, too, that we can lend you the largest part of the purchase price, with rent-size monthly repayments.

Home /

If you are now purchasing your home on a "Lease Contract,” it may be possible to obtain a loan here and get your deed. PROMPT ACTION may permit filing TAX EXEMPTION fis" your for 194] deductions. We will be glad to House these arrangements without any obligation to you. Call this week!

FEDERAL SAVINGS AND LOAN ASST.

2] Virginda Uvenwe

INDIANAPOLIS, INDIANA

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