Indianapolis Times, Indianapolis, Marion County, 7 June 1940 — Page 24

Visit Our Model Kitchens Write for our free folder or Call CH. 6363

‘Budget Plan If Desired

Steel Equipment Co. 1550 E. 21st. CH-6363

‘Graduates of Problem \Due to Crowding.

The greatest problem facing real estate men today is|the crowded conditions \of city centers and slum areas, Fermor S. Cannon, president of the pepe ‘Federal Sav-

ings |& Loan Association, told grade Indiana University Extens n Division two-year real estate e this week. aking at the) Coli uation dinner Wed ; Cannon said that “what we live akes life itself, so today’s social bes are concerned primarily with real estate interests.”

The course is conduct od jointly by the Division and the [Indianapolis Real Estate Board. Arthur M) Weimer, dean of the School of Business

umbia Club esday night,

at Indiana University, presided.

- Own Your Uwn Hom .on SMALL MONTHLY PAYMENTS!

“Pay Less Than Rent"

Homes are built to buyers’ specifications and approved by . See some of the new homes already ocou-

pied!

How to Get There: East on Washington to Post Rd.. ‘then north to 21st St., or east 33 Li St. to Post Rd., north io 1st 8

CONGRESS

CONSTRUCTION CO.

Guy Williams, Board president, presented graduation | certificates

Harold E. Dukes, Alice M. Hammon. Gladys D. Hayes, Thomas E. Layne, William E. Lyons, Dwig Elbert 1. McDaniel, Charles S. Padget, |Oscar J. Ver Douw, all of Indianapolis, and Leo V. Winchester, Columbus. Also present were Bo snaflocel businessmen who appeared guests lecturers [during the course, They were: Urban K. Wilde, Board "executive secretary; Dr. Robert E. Cavanaugh, Extension Division director; Willis N. Coval; Harry M. Stitle, James W. Ingles, "Robert Allison, Robert M. Collier, Lorin Driscoll, Col. C. B. Durham, Robert : ason, Noble C. | Hilgenberg, Henley T. Hottel, George A. Kuhn, Paul L. McCord, Earl B. Teckemeyer William N, | Waltermire, George T. Whelden, Ford V. Woods, on T. Greene, William Schiltges, saja. A. Zinn.

rd members

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prospective home owner should consider the discomfort caused by an unsheltered front ei .

rainy days persons entering the| house must bring in their umbrefas and overshoes unless there|r shelter. In additidn, it is frequently found that when an unprotected door is opened water drips

= the sides to the floor.

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“ME HOME IS LOCATED AT

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obert I. Boyer, Norman A. Cox,

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w home, the|-

| : ! ’ , . | For modest income families . . .- 506 S. Lyndhurst Drive . . . offers suburban living with city accessibility.

The living room . . .

Garden News—

14 behind a garage at 260 S. Arlington Ave. is an old fashioned garden that has more than 25 vai of wild flowers, six “tame” flowers, and three trees. | The space also is taken up by an bandoned fish pond that will be reconstructed this summer by the Laan of the garden’s owner, Irs. Flora Foredyce. Around the pond are innumerable cacfi that Came originally from Arizona, Colorado and Columbus, Ind. | The wild flower plants were obtained by Mrs. Foredyce “whenever she could get out into the country.” Some of them were planted years 3go and others are new this year. An Oriental poppy that was the ift of a friend a couple of years go, | now. lords it over one side of

he garden, its great drooping head|

nodding over the lesser flowers. Inexplicably, a domestic poppy popped up a couple of years ago on the other side of the garden fue a stunted cherry tree. Most of the plants were transplanted from nearby fields and forfos but some of them came from 00 miles away in Green County. There’s the spikenard, taken from the cliffs there and doing well on the flat Irvington ground. “That’s the same family as the hinese ginseng,” Mrs. Foradyce will tell you.” It’s good for anything

and everything that ails you.”

Times Photes. might look like this.

Nodding Poppy 'Lords Over’ 31 East Side Lesser Lights

Not far away is a nondescript looking plant. “It’s worth it’s weight in gold,” Mrs. Foredyce says. “It makes the best cough medicine in the werld.” She said it was comfrey. Bedded down under the cherry tree are the sedum, ‘and hepatica, the latter the first to bloom, “almost before the snow is off the ground.” Over them are the large veronica and behind those, the dwarf variety, their small’ blue buds running up and down their stalks. The crane’s bill are in with them, unmistakable with their sharp-nosed blooms. Alongside the inner yard are the “tame” flowers, the chrysanthemums blooming in the fall and making the garden’s color life run from snow to snow, the delphiniums, nasturtiums, phlox, lavendar and butter and. eggs.

Here 'is even a willow tree that Mrs. Foredyce planted. “They say my failing is that, if I get anything into the ground, it'll grow,” she says. In another corner of the yard behind the garage is a shrub she planted. She calls it a “wahoo” shrub and says it’s spelled the same way it’s pronounced, which is, like a yell. Some of the other old fashioned blooms include the Michigan fern, maybelle, bloodroot, ageratum, camphor, bergenot, indigo plant, coral bells, verbena, yarrow, sempervivium, balloon plant, siberian iris, sol_

omon’s seal and hydrangea.

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. -

me ROSES

ARE IN BLOOM

at HILLSDALE

000 ROSE BUSHES cx 120 VARIETIES

re Formal ot Opening of HILLSDALE'S Beautiful Rose Garden, 1:30 Sunday afternoon, June 9th.

A DAZZLING SIGHT. AWAITS You

jury or wilting.

parden plants.

Open Daily [And ‘Sunday | Visitors +f Der ‘Welcome

jese roses all grown in a special patented rose ntainer can be easily taken home in your car 1d transplanted into your rose garden: wi

without

any new varieties #1 old reliable—All in loom. .Several hundred varieties of innuals for porch boxes, and beds. ‘A

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Visitors Welcome Aly Time Out-of-Town Rose Lovers and Garden Clubs Are Especiall; to Spend| the Day in Ouz 42-Page Catalog Mailed on Request |

Invited Garden.

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DALE |

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HOUSE PAINTS

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Paint. car. $2:25

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Paint. Hard Drying Floor a 89C

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THE INDIANAPOLIS TES"

Offers Suburban Note Near City Area

{built by the Lyndale Cogstruction

.|A school bus stops before each

||Sunday afternoons. Gregory & Ap-

‘| jump during May in wages of .both

Low-Cost Modern Homes Are Springing Up in Lyndale.

Fully-modern homes costing but $3000, visualized by real estate experts as the needed shot in the arm for the residential building industry, are shooting up like spring crocuses in Lyndale. Twenty such homes have been

Co. All have been sold except the cemonstration home at 506 S. Lyndhurst Drive. One hundred and two more are planned. Each of the.one-story, hasementless, frame homes, while following a general pattern, have been built against order so that they.are styled to suit the individual tenant. No two are alike.

Some Low as $2990

All have two bedrooms. Each has an attached garage with a connecting breezeway. The houses with a utility room, special finish in: the bath and kitchen and knotty pine finish in the smaller bedroom cost $3190. Those without those extras sell for $2990. Each can be bought for 10 per cent down and about $22 a month, which includes taxes, insurance, complete landscaping, grading and a driveway. Everything except the furniture. Since the homes have no basements they are heated either by oil circulating heaters or a gas floor furnace. These are conveniently ac cessible yet tucked away so as not to harm the livability of the homes. The houses are exceptionally sturdy for small homes. They have redwood beveled siding, with insulation sheathing board and planking on inside finish. Standard temperature is maintained partly by the square-edge cork insulated shingles.

Batlis Are Optional

‘Floors throughout the houses are cak aver sub floors. Walls and ceiling in the living and bedrooms are Celotex planks with plaster in the kitchen and bath which is optional cll the way through. The Celotex planks can be painted any color and they clean like wallpaper. In the kath and kitchen, floors are linoleum. The Kitchen cabinets are metal. Each house has four closests: A hall guest closet, one in each bedroom and a utility closet in the kitchen which contains the gas hot water heater but has room for equipment for care of the home. Each home has a deep well pump and sits on a lot 60 or 62 feet by 147%, ‘The homes, because of the location, have the advantages of suburban living yet nearby transportation rakes the city accessible. There are several shopping communities close.

house. . The demonstration home at 506 3 Lyndhurst Drive has been completely furnished by Banner-White-hill so prospective owners can see how their new home might look. The demonstration home is open Thursday evening and Saturday and

pel, Inc, is the sales agent.

TRANSFER &

Je YN] XE HOGAN

STORAGE CORPORATION

MOVING

REALTY BUSINESS NEARS $2,000,000

. Transactions of the North Side Real Estate Board for 1940 neared the $2,000,000 mark with sales totalnig $108,100. . While this year’s grand total of $1,088,510 is below the total for the corresponding 1939 figure, the local real estate market has shown revivified activity during the last few weeks. John W. Robbins, chairman-of the Board, reported the realtors last week sold 11 houses, eight lots and two acres north of the city.

MEE FURNAC

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Power Lawn Mowers Hand Lawn Mowers

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MODERNIZE YOUR

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U.S: BUILDING

Stimulated by Easing of

GAINS IN APRIL|

Material Prices and

Rent Increase.

Stimulated by an easing of building material prices and an increase in rents for the first time in fo months, the nation’s construction industry made an exceptionally good showing in April, according to reports of the F. W. Dodge Corp. and the Alexander Hamilton Institute. Residential contracts rose to the highest level of any month since July 1929. However, an unfavorable factor in the industry’s outlook was the

skilled and unskilled workers to an all-time high. The Dodge Corp. reports that contracts awards in the field of private enterprise, as measured in square feet of floor space, wera 10 per cent larger in April than in March, considerably larger than the average seasonal increase of 4.7 per cent. Non- residential contracts increased silghtly but residential contracts rose 17.9 per cent. The rent index, on the basis of 1926 as 100, rose from 85.5 in March.to 85.6 in April. In April last year, the index stood at 85.1. The rent index had remained unchanged in four months. Further stimulation came from a slight §asing in construction costs which dropped to the lowest level of 1940 as the result of a downward tendency in the prices of building materials. . Construction costs still remain at too high a level relative to rents, so that the building industry has to gonfine its operations to construction of small buildings, according to the Alexander Hamilton Institute. .

CITY MEN TO VISIT

companies will attend the 34th annual convention of the' American

Title Association in New ¥ork City June 26-29.

L. M. Brown Abstract Co, will be

one of the principal speakers, discussing Union Title Co. will be represented by Albert M. Bristor, its vice pres: dent and treasurer.

FHA APPLICATIONS

effect on the volume of applications for Federal Housing Administration insurance on homes in this drea.

executive assistant for Indiana, sayss the number of applications since the first of the year indicates another summer of active home building.

uation, the intensity of interest in home building is nothing short of amazing,” Mr. Pielsticker said. “Dur-

ing the week ending May 31, a total of 242 applications involving $1,053,700 for FHA mortgage insurance were received by the Indiana office as compared with 146 applications] § involving $581,200 in the same week of 1939.

optimism with which potential home owners are viewing the future.”

Se . FRIDAY, JUNE 7, 1040)

TITLE CONVENTION

Officials of two. Indianapolis title

Russell A. Furr, president of the

6544 Cornell |

NO DOWN PAYMENT TERMS "©. 200. 10 Pax Portable Pens—Kenne} Panels BR. 5441--Night, BR. 0317

“Title Insurance.” The

Delegates of more than 2000 trust,

title and abstract companies will lk discuss problems of ‘real estate law |} and methods of simplifying the transfer of real property.

en esti

~ GAIN DESPITE WAR

The European war has had little

In fact, Frank C. Pielsticker, FHA

“In view of the international sit-

“It is very encouraging to see the|

The Institute says there appears no prospect for a reduction in building costs in the near future. Since April there has been a tendency for building costs to rise .as the result of increased demands by labor, it points out.

BUILT-IN CABINETS

Window and Door Screens ESTIMATES FREE

BALL & DURBIN 525 Mass.~Ave., LI-2184

MAP ‘FACE-LIFTING’ AT SESSION TODAY

A six-man steering committee to direct a campaign to “lift the face of downtown Indianapolis” was to meet today in the office of the Construction League of Indianapolis in

MIRA ACLE GE OVERHEAD DOOR SALES OF INDIANAPOLIS

17 E. 16th St. RI. 2087

the Architects and Builders Bldg.

‘The committee plans to analyze the “face-lifting” program to uncever, if possible, every negative result that could occur, according to Clarence T. Meyers, League secretary. The committee includes Kenneth Lancet, secretary of the Engineering Metal Products Corp., chairman; Bafford F. Lewellen, draftsman of the Stewart-Cary Glass Co.; Conrad O. Grathwohl of the Pittsburgh Plate Glass Co.; Richard C. Lennox, architect; Ray T. Fatout, contractor, and E. L. Heckathorn, city representative of the Lone Star Cement

EVERY PURPOSE

“Call LI. 8531 for : Free Estimating Service on Material Only or Erection Complete Easy Payments if Desired

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SEE THESE LOVELY FLOWERS IN FULL BLOOM. WE HAVE MANY VARIETIES IN ALL COLORS.

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