Indianapolis Times, Indianapolis, Marion County, 27 September 1940 — Page 22
iy ak PAGE 2
Try
HA TO PERMIT
bs Discrimination Against Men of Military Age, Peters Says.
t x of military age may continue 0 buy, build or modernize homes of’ their own under ihe FHA, and
lending institutions may continue
to Advance money for these pur- . Posgs, R. Earl Peters, Indiana FHA director, said today. “The program is the same as be- . fore| the bassage of the Selective Dra t Act,” Mr. Peters said. “There Will | be no discrimination by the FHA against men of military age.
And| there should be none by the institutions lending FHA-insured
e Federal Housing Administrais in complete accord with legon enacted to protect the interests of those called into military service. We will follow the administrative policy of preserving the of lending institutions under their| insurance contracts at the | time enabling them to extend | those drafted the protection to w lich they are entitled. le are amending our tions to fit the draft law.” Mr, Peters said that during the dmerhency the FHA would welcome and accept applications for the insurance of mortgage or modernization loans as in the past.
regula-
DRAFTEE LOANS
me OHIO REALTOR PREDICTS U. S.
4822 Stratford St. ... open today, tomorrow and Sunday from 2 p. m. to 8 p. m.
Group of 13, Near Irvington, Model of Best Construction
Out near
houses .are heing built.
(the needs of a buyer wanting a | inexpensive home.
riigton, 13 ow -priced They rep- 4822 E. Stratford St. resent a different outlook toward | pleasant location of brick, stone and | n frame homes.
Estate Prices. Will Dauble, He Tells Local Board.
“The United States is entering one of the greatest periods of inflation it ever has known,” Hayden Edwards, Columbus, O., realtor and economist, told the Indianapolis Real Estate Board yesterday. This inflation will come, he said, because the debts being contracted by highly mechanized warring nations are so stupendous that the world’s economy will ‘be upset. “The thing that is happening in |Europe,” he said, "is the greatest cataclysm to the economic orders of a thousand years. Its repercussions have only begun to. penetrate our consciousness.” In discussing what could be done to meet inflation, Mr. Edwards said that “only an egotistical fool would fry and tell you just what to do, but there are broad, general facts which are irrefutable and definite.”
Predicts Bond Fall
He said they were: 1. The war and its effect on most of the world will devalue and debase our money, 2. This great economic: cataclysm Across the street to| Will destroy, one way or another,
‘the west is School 82 and Christian most of the prior lien debts (bonds) Park. Three blocks north is Howe Of the belligerents.
Real
One of the new dwellings is at] It is in a
THE INDIANAPOLIS TIMES
INFLATION ERA
SN
4
Study Building Laws
{HOME BUILDERS
Conferring on the directory are (left to right) Edward | James, Indiana Society of Architects president; Carl Geupel, president of the Marion County Building Contractors’ Association; W. S. Parrish, district sales manager for the Iron Fireman Co., and Wilbur | Shook, member: of the Society's ways and means committee.
must be recognized and enforced to | insure safety and protection to! the public,” - said | Edward James, Society president. : Organizations which have contributed to the directory include the Iron Fireman Co., Building Contractors Association of Marion County, ‘the Producers Council Club” of Indiana. ‘the Indianapolis Real. Estate Board, the Con-, struction League of Indianapolis, the Portland. Cement Association, Central Supply Co., Hugh J. - Baker & Co. and the | Wege Marble & Tile Co.
The Indiana Society of Architects is co-operating with State building authorities in studying Hoosier building laws to suggest needed changes to the 1941 Legislature. To secure funds to meet’ legal and legislative expenses, the Society is publishing a building industry products directory. “Regardless of the size of the job—a small cottage, a mansion or an industrial project—every State must have certain building requirements of sound building practice, regulated by law that
High School. The bus is one block| 3: The psychology of this situation
away at English Ave. Emerson and Will affect the value of our money.
English e Kk h- | 4. Investors here will be afraid to Fon Aves, Bre quie thorong | buy our own long-term prior liens
{such as government and municipal ig ear Bo Tol ‘bonds not because of fear that they Grove is only three miles away (will not be met at maturity but be- . cause of the fear of receiving a Firm Illustrates Idea {constantly smaller dollar of lower
3 ; | purchase power at maturity than The group of homes is being built ‘they invested.
by Bridges & Graves Co. to illu-| . icts Hedgi strate the firm's idea that even an Predicts Hedging inexpensive ‘home should contain| 95. Equity holders, borrowers and
lt taxpayers will be able to benefit Serinin features lor ii soon becomes) |by paying the prior liens off with
over the perennial border,
Gardening—
Now Is Time to Plan for Next
Year's Perennial Border
September is the month for doing] to cut the stems to within six| inches | of the ground. Have your! labels ready so that you can fasten them |
A plan should be made ArH, using) o the stems to keep the varieties
the flowers you like and-the ones | separate.
commodity division,
TO ELECT OCT. 8
Grinslade and Dillehay Are} Nominees for Presi- . dency.
The Indianapolis Home Builders : will elect officers at the Oct. 8] meeting. The nominating committee has! presented this slate: For -president: Harry D. Dillehay and Charles 0. Grinslade; vice § president, Hugh Bremmerman : and Forest B. Kellogg; secretary, Arthur Smock and Glenn. G. Bertels; | & treasurer, Norris P. Shelby and Joseph J. Klee; sergeant-at-arms, Charles Smith and Walter Evans; |§ directors, | Arthur J. Rentsch, Fred C. Tucker, Robert E. Schreiber and |} Ross Neeves. fa The Home Builders were entertained at the Spickelmier Fuel & | Supply Co. as guests of Ernest Spickelmief this week. The Truscon double-hung steel window was introduced by two officials of the] Truscon firm from Youngstown, O.: | § Jack Sargent, manager of the dealer | § and R. P. Dodds, advertising manager. | These men said that standardiza-| § {tion and mass production have made {it possible to build the double-hung window for residences. - Until recently they have been used only in| industrial plants, gg Advantages of the windows, they gi said, are that they: (1) are more, durable, (2) are fireproof, (3) won 't warp, stick or crack. 2 Realtor William Murray Huse was, §& elected a member of the Home| § Builders. He was treasurer in 1934.! 8 He resigned to accept an appointment as regional appraiser of the
We have ample funds available for financing your home upon the BEST terms your property can command.
You can arrange for your own loan, for our pla is simple and easy to understand. A member of
our staff, with a thorough knowledge of local conditions, will’ assist you in presenting your application for a loan. :
which will give the color combina- | When properly dried set the roots tions you prefer. You must be ‘side |by side in a large box and |
| cover with an inch or so of sifted. | | careful too, that something will be] dry soil, shaking the box to make
in bloom at all times you wish tol gyre [the soil works itself between enjoy your garden. [the roots. Dry peat moss also may
When replanting the border it is|Pe used. Set the box on i | a good plan to work in sections, lift-| boards so air can circulate be-] JUST 3 MORE DAYS ing a few plants at a time, digging neath it. | : REMAIN TO SEE
the ground deeply and replanting 6 HOMES, 2 LOTS ON The TOWN
a few days later. Fertilizer should] HOUSE”
an expensive home because of quick | dollars of lesser value than origdepreciation, repairs and obsoles- |inally borrowed. ence. 6. We are facing a flight from iA ; liquidity to equity or ownership. William Bridges and A. H. M.| i (A reversal of what happened in the Graves contend that it is the low- | early part of the past depression). price buyer who really needs good| 7. Largely the owners of great construction, fine workmanship BH re quality materials because all these edmantes by Gd lh ownersave him money. . Iship and title as a hedge against :| In these homes they have used deflation of money and reflation |weatherstripped windows to pre-iof prices. vent heat leakage and dirt and dust from seeping in. Hardwood, double
No charge is made for this service amd no deposits are required with your ap-
be dug in before planting. A top! dressing of strawy manure after the ground is frozen will make a good mulch. The soil should be fertilized and conditioned when it is worked |
Save $5 to $ 5 Sees Increased Taxes «
necessary defense
Zipper-Lined OVERCOATS
® NEW GREENS! ® NEW GREYS! ® NEW BROWNS! ® NEW BLUES!
Your FALL SUIT or
$25 VALUES
TOPCOATS
\ $27.50 Values
1{
PANTS SALE
Choice-of 500 Pairs :
$9 29
Open Saturday Till 7:30 P. M.
| floors are laid to give a durable |
43 i |
‘el on painted surfaces because it is|
i [copper
‘storm sashes.
chosen for maximum strength and | ‘|weather protection.
8. Our very In- | {program will immensely increase our laid linoleum is used because it national debt and taxes which asts longer. | further will strain the present high They've used three coats of enam- | domestic value of our money. 9. Should we enter the war, it cheaper in the long run. Their [will again be a further strain on the | screens outwear black wire high domestic value of our money. and are interchangeable with glass | 10. Some deflation of our money | would be healthy because between Roof Well Insulated the last war and the beginning of [the depression we increased our | Even the most modest home has total and private debt about three t {00 Iiches of rock wool or its equiv- ‘times. alen 4 as roof insulation. The outer | Hopes for Greater Wealth
walls have boards and heavy paper Mr. Edwards predicted that totali-
|tarian philosophy and - economic A good quality wallpaper is a fea- planning will be discredited and ure of all houses. Good wallpaper there will follow in this country a costs more, but it lasts longer and [resurgence of individualism, personal | cleans more easily. A full base- | rights and free enterprise. ment in many cases costs little more | “Before the end of this period and in a smaller home is needed 50 | we are entering,” he said, “real esmuch more for storage. These base- | tate will sell for twice its present ments, therefore, have plenty of |price; inflation will provide a much |
support for heavy furniture.
r
next spring.
need division, pieces with a knife from the outside. Plants which need dividing each four years are campanulas, lupines,| marguerites, and perennial phlox.
are best left undisturbed. Delphih- ford iums should not be divided unless, Bridges and 4601 Graceland | (Ave.
Peonies,
when the plant gets too big for the| 82d St. space or blooms poorly.
chusa and foxglove which have ap-| peared the past summer may now be moved to another part of the! garden where they are to grow and bloom.
about digging dahlias, frost blackens the tops,
NORTH SIDE BOUGHT
When dividing perennials that North Side Realtors this week
carefully take off two lots. Homes sold were at 3207 N. Arsenal |Ave. by Ford V. Woods, 5884 daisies! Forest Lane by R. E. Peckham, 11801-03 Dexter St. and 2020 Wilcox Some of the deeper rooting plants St. by Forest M. Knight, 5850 OxSt. in Brockton by William L.
michaelmas,
he flowers begin to deteriorate. by Forest B. Kellogg. gas plant and Christmas| Thomas F. Carson and Harry L. oses should not be moved except Robbins reported they sold a lot at and Washington Blvd. while | John W. and Harry L. Robbins sold |
Young plants of hollyhock, an-| a lot pt 82d and Illinois Sts.
1 Built-i «in KIFONEN CABINETS
There need he no special hurry but when it is time
space for laundry facilities, storage broader tax base for raising public | and recreation. |tunds; a general | decentralization All the lots in the addition have of government as well as business frontages of from 48 to 50 feet |will rid us of much of our overEach home has a driveway leading burdening bureaucracy: . creative |to a garage that has weatherboard- expansion will eclipse anything we \ing and shingles to match the house have experienced: greater wealth land is equipped with overhead will have been created than we ever |doors dreamed of, and ‘help wanted’ signs
Landscaping Harmonized again will ill grace oy our industries. "
The landscaping has been de- |
signed to fif each home and - SMALL HOMES FILL
6544 Cornell
"Carpets Ra ein and Linowall, arge Display
Jordan's Cabinet i Linoleum $n
1 W. Washington St.
FORD | FENCE -
Lawn-Estate-Factory NO DOWN PAYMENT TERM 12 MO. TO PAY Portable Pens—Keénnel Panels BR. 5441—Night, BR. 0317 Free Estimates:
STORM SASH & DOORS | BUILT-IN CABINETS
ESTIMATES FREE
BALL & DURBIN
525 Mass. Ave. LI-2184
NEW LIBRARY BOOK
| borhood. Bridges & Graves have added to New books for persons interested better homes and gardens which
low-cost homes the features they jmay be borrowed from Central
believe are..the most valuable in | ‘preventing expensive upkeep. »| Library or through the neighbor{hood branches include:
The homes range in price from | lin [$5000 to $5450 and can be pur- | | “SMALL HOMES OF DISTINCTION,” edited. by Horace Coon,
ANOTHER
RYBOLT ~ FURNAGE |
MEANS ANOTHER SATISFIED USER.
STOP TERMITES] Cail Rl ley 8546
TERMINIX CO.
518 Architects & Builders Bldg.
chased at from $31 to $33 a month, | (Robert M. McBride and Co., New
\including taxes. 116 will pay PE WORK York). eoniaing i Ed Syn run to have landscape work [|r Photograpas, npuse plans an done by expert workmen (descriptive material. Mr. Coons has . u selected many examples,m among We them week-end houses, Stablesplant into-houses, a salt box house in! scape. Connecticut, a Cape Cod Cottage, —, Tudor and French houses, peasant A good plan, good plants and homes for summer guests, etc. J good workmanship produce a j! “A HOUSE OF THE FUTURE” | beautiful landscape. | (Good Housekeeping, New York).! Built, furnished and equipped in| the modern manner, this house has | inew and decorative color schemes, | electrical devices adding to its | ‘beauty and comfort, and time and
are quipped to plan, and service your, land-
Twenty vears of installing thou-| sands of furnaces in new and old homes in Indianapolis has given, the home owner confidence in the Rybolt Heating and Air-Condition-ing Units.
Bridges & Graves, Bldrs., selected a Rybolt Hot-Air Furnace for the house featured today.
FENCE
EVERY PURPOSE
Call L1. 8531 for Free Estimating Service on Materia! Only or Erection Complete Easy Payments it Desired
LEE ULL
FURNACE REPAIRS
We repair all makes of furnaces. We will make free examination of | vour plant and report promptly. e employ only experts,
Rybolt Heating Co.
625 Ni East RI. 4528 |
reported the sale of six houses and |
labor-saving conveniences designed |
|
plication.
Call at our office.
Let us see what we can .do for YOU.
A REPRODUCTION OF THE 1940 HOME SHOW MODEL HOME
2909 E. KESSLER BLVD.
(Kessler and Oxford)
| ) / / FEDERAL SAVINGS AND LOAN ASSN.
21 Virginia Uvesxwe INDIANAPOLIS, INDIANA
in BROCKTON ADDITION OPEN
DAILY 2 to 4 P. M.
Until September 30
SELECTED 2 2 SPELL; I
TRACE Manx
Bridges & Graves wl :
Built and for Sale by
INDIANAPOLIS HOME BUILDERS ASSOCIATION
For All Their Houses on Stratford St.
Overhead Door Sales of Indianapolis
17 E. 16th St. RI. 2087
~~
Bridges & Graves Bldrs. selected :
ACME WALLPAPER
For the House Featured In Today’s Times
337-39 MASS. AVE. PHONE LI-4403
EVERGREENS
Roses, Shrubs, Trees at SALE Prices
| 28¢ Poppies Up
EVERGREENS POTTED ROSES CHINESE ELM
POTTENGER Nursery
34th St. & Lafayette Rd. Wa. 6412
Insulate
YOUR HOME WITH GIMCO
ROCK WOOL
Guaranteed for the Life of the Building
Fruit Pre) Poplars Currants Gooseberry PLAN
Shrubs Peonies
‘to shorten the home manager's | | ‘hours. | |
M- Bridges & Graves, builders of the Featured House in Today's Times,
Selected *
A. C. ZICKLER
for PLUMBING WORK 1101 N. Rural. CH-1158.
This season shade tras. have most of good varieties. out to the nursery or call CO unty 2361.
is the DINer got
TREES, SHRUBS AND EVERGREENS CAN
BE PLANTED NOW Let us build your home..
finance and furnish free plan
GOOD LUMBER FINE MILLWORK
Furnished for the Bridges & Graves House
BURNET-BINFORD LUMBER co.
1401 West 30th St. TA. 3315
Buy your plants from a responsible grower who values your continued patronage.
FY 3 rita | GEO. J. EGENOLF
x» FREE PHONE MACHINIST
| FREE PHONE Indianapolis service. CO unty 181, Ww. South LI-62 ( 2 AR IR RR,
MOORE & MOORE
5343 wing 7 HOP
BR-5424. ghts, MA .3321.
| | service.
pETT = 2h
AUTOMATIC STOKER
It Sivas you the best in clean, even, ‘autoic heat. Electrical control. Ends fur-? ope labor, burns less coal, burns cheaper coal. It pays fer itself.
C. E. GRIENER COMPANY
43 S. Delaware St. MA, 4538.
0 Sind Street and i Rd. , OPEN 2 to 8 Fri., Sat., & Sun.
am OPN Seven Days a Week} and Through the Following Week, 2 to 6
~ 4822 E. STRATFORD
New Stone Frame Bungalow Just East of Christian Park North of English Ave.
BRIDGES & GRAVES CO., BLDRS. 243 N. Delaware St. RI 3477. Eves. BR. 1426.
PLUMBING & HEATNG SUPPLIES COST O LITTLE.
i 3 Years to Pay | Liberal >slowarice for Old Fixtures Take Advantage of Our Free Engineering Service.
LLL) 18 TE & TIT SUPPLY
Le
320-26 N. CAPITOL AVE. aS
—= han
: ’ Benton 2 Rs 2 Be fy a § 5
i eed
FLINTKOTE WINTHROP TAPERED SHINGLES
RALPH R. REEDER & SONS
Roofing and Sheet Metal Work—Rock Wool Insulation 24th and Winthrop Ave. WA-2421 !
CONCRETE Don’t Forget to Order the BEST
* Central Plant Mixed
Guarantees Uniform Workability and Strength
READY MIXED CONGRETE COR
WA- = 1533
STORAGE-MOVING HOGAN
TRANSFER & STORAGE CORPORATION