Indianapolis Times, Indianapolis, Marion County, 16 May 1941 — Page 18

Page PDF (13.81 MB)

Back to issue view

= Lawn, Factory Fence

- 1438 N. Somerset Ave. . . . has copper screens.

[AGE DUA DUAL JOB

Finance Delonte. Workers’

' . For Munitions.

i Financing homes ' for defense

“| pay for munitions through the sale

gi *

2 8 8

HOMES OPENED FOR SHIPYARD WORKERS

Times Special WASHINGTON, May 16.—The | first defense housing: project for Negro industrial workers has been | opened in Newport News, Va., site |- | of vast construction for the Navy. . The" project—Orcutt Homes—will

_, provide homes for‘ 148 shipyard workers’

Fe families. It was built by . the Housing Authority for Newport

News with a 100 per cent USHA |-

loan. Construction began in Decem-

Rents range from $25 to $35 a month, including utilities, the average being $29.73 for the 148 dwellings.

Portable Pens—Kennel Panels FREE ESTIMATES

State-Wide Service—Delivered or

: : BR-5441. ht BR-0317—6548 Crraeli: | EET

More rapid service on home loans is possi- ~ ble at Railroadmen’s becduse all requirements for approval of your loan are handled ° LOCALLY by LOCAL men who understand / LOCAL conditions.

Terms are always ‘the best your property ' can command so why not investigate our service?

Raila ILL.

EDIE AA [CRIN

LOAN ASST

‘| enamel finishy and

Wo BEDROOMS IN SINGLE STORY

Built by W. C. Kent at 1438 N. Somerset Ave.; ‘Fully Insulated.

The two-bedroom single-story frame home at 1438 N. Somerset

Ave., built by W. C. Kent, will be open all day Sunday. ° The front entrance leads into a reception hall which has a closet. Off the hall is the living room with a peach ceiling and walls of white and pink striping. The’ reception hall and dinette (adjoining the living room)‘ have the same color sch me as the ping room. 1° woodwork is, of white bone all doors are dark oak. Directly back of the dinette is the kitchen which has bone white built-in cabinets with red trim. The kitchen and side entrance walls are finished in rose. Kitchen linoleum is blue (with a red feature stripe)

1and has chromium trim. Full Basement

A center hall from the kitchen leads to the bath and two bedrooms. The hallway has a broom closet and large linen closet. The bath is tile with a blue ceiling and white sidewalls. The linoleum flooring is red and there is a built-in tub -and shower. One bedroom has a peach ceiling} with blue sidewalls as a background] to white figures. The other has a white ceiling -and walls are done in peach paper with a white figure. The full basement has space for laundry equipment and the furnace

is a gravity type. There is a garage

at the rear of the lot. Shutters are blue, the same as the roof. The home is fully insulated and has copper screens and storm doors.

FLAT-ROOFED HOMES BUILT FOR UTILITY

Designed primarily for utility and convenience, the flat-roofed severely plain honies reflect the modern attitude in building... These homes are popular in France, Germany and Holland, as well as in the United States.

Now in Bloom!

- See the Japanese Cherry - Trees - and Dogwood Trees No Bloom at our or

A Complete ® ne of Evergreen Jogos, Shrubs, Flowers and Roses.

INDIANA'S FINES : ; NUR ERY Out Allisonville Road (State

Rd. 13). Follow the Markers. HU-4160 BR-5495

&y 1 S

of defense bonds are the two ur-

savings and loan associations that are members of the Federal Home Loan Bank of Indianapolis. This report comes from the

eral - Savings and Loan Advisory Council which was held last week in Washington. "«The 216 member savings, building and I associations in this district have received a aly flow of funds from their savers and investors in recent years and so are in a good position to increase their volume of loans for the construction of homes,” the report says. “If necessary they can secure millions more in advance from their Home Loan Bank in Indianapolis on the security of their mortgage L assets.”

Citing the increased activity of member saving and loan associations in the district, the report |: showed that loans in the’ first quarter of 1941 totaled $13,700,000, an increase of 28 per cent over the same period a year ago. Of this; $5,300,000 was for the construction and repair of homes. In 1940 these associations made loans totaling $50,000,000 as compared with _$44,000,000 in 1939.

METAL IS NOW PHONE FIRM'S ‘CHIEF NEED

“The only thing which will keep the Indiana Bell Telephone Co. from meeting defense demands is a shortage of metals,” James F. Carroll, president, told the Indianapolis Real Estate Board yesterday. Speaking at the Washington Hotel in one of the board’s “know Indianapolis better” series, Mr. Carroll said that the number of phones in Indiana last year increased 45,000: and in the nation 950,000, an unprecedented growth. This year’s new phones over the country should total more than one and a half million, he said. The Indiana company last year spent six million dollars: in new equipment, bringing the total investment to $55,000,000. The company, he continued, has two major, problems; to furnish service to anyone on demand and

new Equipment needed to meet the increasingly heavy demand.

New Books Tell Of Gardens, Art

New “books for home . and garden lovers which may be borrowed from the Central Library “or through - the neighborhood branches incldue: DO YOU KNOW YOUR GARDEN, by Gladys M. Gashorn (Oxford University Press, New York). An amazing amount of practical information is packed between the covers of this book. AN OUTLINE OF THE HOME FURNISHING PERIODS, by H. P. Osborne (Autline Publishing Co., Long Beach, Cal. This is an "unusual book in the furnishing field.

BEAUTIFY Your LAWN--SHRUBBERY" and FLOWERS with

MUSHROOM COMPOST

An Boonewical Fertilizer and Humus . . . Easy to Apply

100-Lb. Bag

$150 Wallman Mushroom Co.

FREE CITY-WIDE , DELIVERY

PAPERS

" Chosen for the W.. C.. KENT - HOME : FEATURED ON THIS PAGE

Furnished by

2 URINE loll 3S PRINT CORPORATION

127 E. Washington 54

| RANSDELL . DR-4462

, SAVINGS GROUPS|

Homes and Raise Money. |

gent jobs of Indiana and Michigan] .

semi-annual meeting of the Fed-|

to raise the money to build the|-

THE INDIANAPOLIS TIMES

workers and raising money to help| §

Designed as a fire«safe house with|and. an unusually large utility room) _ brick wall, this home is modern in|conform to the best features of conthe best sense of the word,” with |temporary design. house, built every line and detail expressing a|in Portland, Ore., and valued ‘by the functional plan. The corner win-|FHA at $4000, including lot, is adedows in the living room and dining|quate for the family that desires room introduce a ‘modern . note, attractive “living quarters combined while the properly proportioned |with economy and flexibility. - bedrooms and large closets remind| Your own architect or builder can one of an old-fashioned home. probably duplicate this house if you An inside entrance to the garage|so desire.

Savings ‘and Loans Report

CHICAGO, May 16.—More thafi $250,000,000 was lent by « the nation’s savings, building and loan associations during the first quarter this year, according to- the United States Savings and Loan League. The $267,932,000 lent from January through March was $40,000,000 more than during the same périod last. year and wa$ a record for any like period in the last six years. March, a heavy. contributor to the quarter's expanded lending business, was - the 28th successive month in. which ' the volume of loans had been grefter than the same month of the previous year. Of the March lending of $105,162,000, about 39 per cent was to help people buy existing homes. - A spectacular rise of $11,500,000 from February made its home purchase loans greater than any month’s since May of last year. ] These’ loans were in proportionately greater demand than those for home construction, which the Association attributes to the public desire to invest in: something tangible, and possibly somewhat to rising building costs. March loans and their purpose

were: A Construction .. $ 33,250,000 4,765,000

Repair & modernization, MUSHROOM COMPOST IS IDEAL FERTILIZER Mushroom compost is an ideal fertilizer for lawns and gardens. It is the residue of fertilizer used- for growing mushrooms and has been tested and approved by state experimental laboratories. ’ . Since mushroom compost is a by-

product its price is under that of some other fertilizers.

Home purchase ....csse. Refinancing .......cee.. 16,903,000 Other purposes .:....... 8,460,000

$105,162,000 First quarter loans yith their purpose: : Construction, .: 86,395,000 Repair & Hojerniustion. 12,122,000 Homie purchase . Refinancing array Other DUIDOSES ccesoses

“4267, 932,000

WALLPAPER

Wl from our 1941 samples.

ACME WALLPAPER, INC. MRL TN AB FN 0) AB Sol 387-39 Mass. Ave | LI-4403

W. C. KENT BUILDER OF TODAY'S FEATURED HOUSE SELECTED THE South Wind Gravity Furnace FURNISHED AND INSTALLED BY

Capitol Automatic Hig. Cp.

826 FT. WAYNE AVE,

EAGLE CREEK NURSERY CO.

EXPERTS IN Planning - Planting Spraying & Pruning Fron Indianapolis Tolpbow

CO unty 236i

? Power and Hand Lawn _Mowers Parts —Sharpening—Repairing .

C. E. GRIENER. COMPANY

WHOLESALE AND RETAIL ‘Park, Ceinoters Golf Course and Lawn Equipment

AUTOMATIC STOKERS GARDEN TRACTORS 43 S. Delaware St. ; INDIANAPOLIS MArket 4538

— — —Budget Houses That Are HomesesNe, 7 oe pene — Economy and Flexibility Are Included. “. In This Fire-Safe Home Costing $4000

, RURAL POWER GROWS

RALEIGH, N. C. (U. P).~—David 8. Weaver, acting director of the North Carolina Rural Kieu! sffisation Administration,

reports that - proximately 20 per cent of North

Carolina's 321,085 farms -are now receiving electric service.

POTTENGER

For the Most Complefe Line of Quality Evergreens and Shrubs

WHY SHOP! Ef srfrlita iar = == ==OPEN EVES. & SUNDAYS — — - | SPECIALS—CLIP THIS AD

.. 10c Delphiniums Potted Ropes esse 0Roestnee 50c Evergreens . 200s coe sige Pansies . ... Sc Water ow verses Geraniums dsesscensanene Water Lilies ......... ie

[70 ‘cusTOM BUILT JLINDS

STANDARD ENAMEL ~ & PAINT CORP. $158 N. Sherman Dr. CH. 14)

| GOOD FOR ONE WEEK ONLY, BEGINNING FRI, MAY 16 |

TLE

34th St. and Lafayette WA-6412

| POTTED ROSE BUSHES

Rd.

6-Year High i in 1st Quarter

41,784,000 ||

Ready for the Garden ; Some Ready to Bloom Superior Quality, 50 Varieties Visit Our Nursery—See for Yourself

Rock Barden Plants, 1 8¢

Factory Lawn, Farm, Estate’ STAT i-WIDE SERVICE ¥stimates—Basy Terms Call HU-3361—Night, HU-6668

Free

Perennials, large clumps : and up

6-Ft. Pyramidal eo _ARBORVITAE $265

A. Wiegand's Sons Co.

OUR 81ST YEAR Landscape Contractors

TA-4116, Nursey, 26th & Kessler Bivd.

§ cmsemmsss BUY’ FROM A LEGITIMATE NURSERY—IT COSTS LESS

Er ptiing for Beautifying Yard and Garden

Pruning Shears & Saws, Garden Tools, Fencing Rollers, Trellis

(0 TE

' Washington. MA-2321. ind Ulinois Sts.

Lawn

o 120 1} © 38th

® 42nd and College. ‘® Broa Ripple, 802 E. 63rd. BR-5464. ® Irvin ston, 5609 E. Wash. IR-282L : @ East 10th at LaSalle. CH-2321. ® Fntn Sq., 1116 Prospect. MA-3976 ® 2125 'W. Wash. 8t. MA-2221,

IS PART OF HOME

PLANNING

and ‘Colonial’ s VARIABLE INTEREST RATES : Are Items of Importance Dependent on “type and location’ of real estate loaned on, “Colonial” Variable Interest Rates of 5'4%—6% and 6% %, permit better homes at lower over-all cost—provide adjustment of principal following payment of each $100 and also for paying loan in full any time with interest to date ONLY.

Loans are repayable in “rentlike” monthly payments of 1% per month, which include both principal and interest.

Investigate Colonials Various Home Loan Plans Come in Foriey for Free Consultation About

FINANCING

Carpets Armusts Linok Linowall. co Our Liscieum and

Jur 's Cabinet sn Go.

. Washington §

$k en tas 1

FENCE

for

EVERY PURPOSE

.W. C. KENT

BUILDER

OF THE HOUSE FEATURED ON THIS PAGE SELECTED

LUMBER and MILLWORK SPEEDWAY I LUMBER CO.

BE-2000 .

Call LI-8531 for Free Estimating Service on Material Only -or « Erection Complete * Easy Payments If Desired Roebuck ond Co

- le

Your H ome .

COLONIAL

SAVINGS &.LOAN ASSOCIATION

SOUTR ILL. 8T.

Electric

OUTLET ISN'T ENOUGH

sss

ELECTRICAL WORK

W. -C.. KENT *ExToRED HOUSE

"CHARLES COONCE

153% N.

SOMERSET

Open For Inspection All Day Sumdap

5-ROOM COLONIAL BUNGALOW. - 2 Bedrooms, Living Room, Dinette, Kitchen, Bath with Shower, Full Basement, Garage

'W. C. KENT, BUILDER

Plans and Estimates—No Obligation = TA-7055

“Ph

x] iL: ER BURNET 4D BINFORD LUMBER CO.

Electrical Service

120 N. TRAUB .BE-0300

A single drop cord from the ceiling won’t provide modern lighting—and a single wall outlet, will not give the full convenience and efficiency of modern electric service. : There should properly be an outlet within ‘6 feet of © any point along the wall, which means 12 feet apart.

LINOLEUM— VENETIAN BLINDS

AY’S FEATURED HOUSE NYSHED AND INSTALLED 0%

DT omsote pois Broun, COVE gies

he pee suggestions help you plan for Adequate

Avoid blowing of fuses, flicker- : b. 2 LL yh a Xi and DE Avior wire. \

Don’t grope in the dark f for a ull chain or. stumble over exensiun cords. Have enou ta ¥itches and: outlets 80 Sha, yo connect yo lam:

Specify Heavy Enough Wire

Pb Specify Enough Outlets Cy

ror the Small the Large

Muesing-Merriok "Coal Co.

PHONE: 3 R-1191, DR-325¢, WA-2481 oe

ame Pla

: sprances wherever you wi . 4 use: them,

ur contractor to follow ir c=

The “Adequate Wiring” symbol. at the left

| MACHINIST

GEO. J. EGENOLF|

is proof ‘that the house you buy, bulld of

% tion, safety and economy in electric serv- . Ice. Look for it.

rent is wired to give you utmost satisfac~ = .

+ © Q

BUILDING A NEW HOME?

WE MAKE FHA 41% Insured Loans To build or buy a home through F. H. A. terms. The monthly payments are adjusted to suit youn income. A $5,000.00 home can be financed with a $4,500.00 insured leafi—this can be paid off over 25 years with average monthly payments of $26.15 (principal, interest, FHA insurance}]—LESS THAN A DOLLAR A DAY! Let us fell you about’ this sound,

simple way to A inance home ownership.

The UNION TRUST COMPANY

Member Federal Deposit Insurance Corporation 120: E. MARKET STREET

CONCRETE Don’t Forget to Order the Best

Gentral Plant Mixed

Guarantees Uniform Workability and Strength

READY MIXED GONGRETE CORP.

TA-3321. HU-1397.

wa.

TELEPHONE -CONDU IT bon Concealed Wiring

® The time to plan for concealed telephone wiring is before you start to build. Just as you do for electricity. gas and water—see io it that an adequate built-in system of telephone outlets is provided by your coniracior during construction of your home. hy It's easyl Heclions of inexpensive pipe or flexible tub- ¢ ing wleesd inside the walls will do the job at very small cost. This telephone conduit, insialled by your ‘builder, does ‘away with exposed wiring on - ‘baseboards and moldings—mak®s it unnecessary fo drill through walls and floors.

We will be glad fo assist you and your contractor 2

: y in planning a concealed telephone wiring system

for your home. There.is no charge or obligation. A Just call the Telephone Company and ask for / sale! and Buide forvion?

Bly