Indianapolis Times, Indianapolis, Marion County, 4 May 1946 — Page 10

SITE, CI ER 1m A SC el BL BE gS

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‘Neo Price Runaway’ “However, it cannot be said there is a run-away of home prices. Real "estate prices, even though rising,

have not caught up with rising con- pect

struction costs in the great majority of American cities.” _In reporting its findings, the association concluded that the typical house in the market today, is a one or two story detached house of five rooms and bath, 18 years old, of sturdy construction, on a good-sized lot in a well-maintained neighborhood. * The typical home was described further’ as having oak floors, & basement, a garage and central heating. On the average it is bought by a family of four with an income of $3000. Its selling price is $7000 and it would cost $7500 to replace it. Expect Further Advance While the difference between replacement costs and selling price is a median of eight per cent for all 276 cities, it was found in 21 per cent of the cities that the sell- * ing price is 20 per cent below reproduction cost, In 80 per cent of cities, the sellprice has not. caught .up-to or cost of replacement. outlook for the year association's announce92 per cent of cities reexpect a further adven per cent expected remain at the present less than one per cent early drop. v

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ater will give you the right concentration. Begin spraying when leaves are six inches high, repeat every 10 days or two weeks,

Soak Bulbs in Samesan Solution Mr. Ulman suggested treatment before planting, too, for fusarium rot, which will control thrips as well, Use: one ounce of Samesan

for seven hours just before planting. Keep the ‘solution where its poisonous properties can do no harm, he added. For general culture Mr, Ulman said that glads need plenty of sun and continuous moisture, Don't plant them under a tree and exgood results. Rotated plantings help to control soil borne disease, too. Leo Matthews, 2730 Lockburn st., editor of the Indiana Gladiolus So~ clety’s Gladland News (whigh, incidentally goes to glad fans from coast to coast), planted part of his

CITES INFLATION IN HOME COSTS

Speaks to Realtors:

Inflationary prices of existing houses today are higher than any industry, Fred T. Greene, local federal’ home -loan bank head, has announced, Addressing Tocal real estate board members recently, Mr. Greene said that the increase was due to threats of inflation. A $6000 home built in 1940, he said, is selling now for $13,000 and costs of Jots, subdivision land, raw land and developed lots all have shown marked increases in the last six months. Mr. Greene said two groups have taken sides in the housing situation. “Optimists” believe serious deflation can be postponed and supply capacity will not meet demands for many years. On the other hand, he added, there are “pessimists” who foresee] “existing danger and slackened housing need in the fact that many of the 3,000,000 family heads who return to their homes.” Another pessimistic outlook cited

former country

prices.

was that production of prefabricated homes might exceed reconversion plans and cause a reverse swing in

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PERMUTIT »

12,000 glad bulbs the first of March! They're six inches tall now, He doesn’t think it's a good idea to use glads in a flower border. “We don’t consider them a landscape subject,” he said. “They come into bloom during the hot part of the summer, when wind and sun soon spoil the flower outdoors.” In the house they last a long ‘time, especially if you'll pick them early in the morning and let them stand in a cool basement for a few hours, “I've seen people go out at midday to cut glads,” Mr. Matthews | said. “But if you've ever noticed a fleld of corn you've seen the leaves droop .when the sun shines hot, Glads are the same way— their moisture content is low then. But they pick it up over night.” When planting his bulbs Mr. Matthews makes a trench at least four inches deep, flat bottomed and |

Leo Matthews, 2730 Lockburn st. . , , these gladioli were planted the first of March,

six inches wide. He puts the bulbs in a single row in the middle of the trench, four to six inches .apart. Six-inch spacing will produce larger flowers. Then he makes a shallow trench on either side of the bulbs about two inches away from them. He fills a sprinkling can with complete chemical fertilizer (the sprinkler top removed) and pours the fertilizer into these side trenches.

(If you're a beginner, weigh One {pound of fertilizer, apply it to 25 {feet of double row, half on either

side. Later you can judge applica-

‘tion rate by your eye,

“I ridge the dirt up slightly over the large bulbs,” he said, “then when weeds begin to grow, I level off ‘the ridge and that disposes of the weeds.”

Small bulblets he doesn’t cover so deep, but leaves a trench over them

to catch all available moisture, » a

Cease Building Orders Total 3000

Enforcemgnt of the government's veterans housing program order No. 1 has resulted in the issuance of 3000 cease orders to industrial and commercial builders, Investigation of construction sites throughout the country revealed that builders in many cases had merely excavated and had not actually begun construction within strict sense of the order. Included in the projects stopped was a Washington, D. C, office

use.

REAL ESTATE GROUP TO MEET IN CHICAGO

Homes for veterans will be the! primary subject next Saturday when officers, directors and committees | of the National Association of Real] Estate Boards assemble for their | spring meeting in Chicago. | Special emphasis is being planned | toward production of homes and | apartments for rent to returned servicemen and women,

WILL ATTEND MEETING A. H. M. Graves, president of the Marion County Residential builders association, and H. A. Lindeman Jr., president of Indianapolis Home Builders, will attend a meeting of | directors of the National associa- | tion of Home Builders in Washing- | ton, May 12.

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DAMAGES ARE PAID IN OPA RENT CASE

Payment of treble damages for violation of excessive rental charges have been made by Arthur and Louise Carte of Indianapolis, according to the enforcement division of the OPA rent area office here,

Settlement was made for $472.50,

of which $155 was refunded to tenants and $317.50 was paid to the U. 8. treasurer. Action was founded upon violations in rental charges of prop-

building intended for government | eu at 2651-2653-2650 N. Harding

Meanwhile it was also announced { that a check in settlement of a | similar - damage action made by Robert L. Forrest, charged with collecting over-ceiling rentals]

at a Lafayette hotel, [ment was for $1749.

The seftle- |

ESTIMATE FU RNISHING COST

A survey of cost of furnishing al house reveals house buyers should (figure the amount to equal about 15 or 20 per cent of the total cost jot the house.

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THE INDIANAPOLIS TIMES

SLUM CLEARING

.{ 000 will go into the redevelopment

has been

“10 BE STUDIED

Development Group Will | Consider West Area.

Clearance of slum areas in a quarter-mile square area west of downtowit Indianapolis probably will receive early consideration according to the Indianapolis development commission, The area includes 10th ‘st north to -16th st. and from West st. to Milburn st. The commission, which has plans for improvement of blighted areas, will begin using part of its first $550,000 fund July 1. Another $550,-

fund July 1, 1047. The tofal $1,100,000 fund will be the proceeds from the 10 cents levy on taxable property within the city for .two years as prescribed by the redevelopment act, passed early this year by the state legislature, Tells of Indianapolis Plan Otto E. Jensen, executive secretary of the local commission, has

isting, useable structures, streets and utilities that will fit into our land use plan, and while we know that our redevelopment program will improve the appearance of the area, it is not our intention to create ‘show places’ but to provide for good housing in an area that will be livable and will offer to the occupants safe streets, mod-

said “it is owr plan to use all ex- 3

BRAZIL—The Rev. Isaac N. Helton, 76. Survivors: Wife, Myrtle; sons, Orville, Charles; daughter, Mrs. “Gladys Hy; slster Mrs. Charles Currie. BROOK-—The Rev. E, B. Chambers." OENTER-—Mrs, Louisa worth, 00 Burvivers: B00, Phasieni rolhe Linville Comer; sister, Mrs, Mar

bert B. ro i Survivers:

OHILE-—Dell ts, .| Wife, Fana.e; daughter, Mrs, Russell Im-

hoff, brother, Sylvester. CHRISNEY—Hamer Holland, 73. Survivors: Wife, beth; som;Walter; daugh- [J ters, Mrs." Bethel Roush, Mrs, Mamie Goodman, Mrs, Bessie Cox, Mrs, Elsie Master. OLAY OITY--Mrs, Laura Etta Payhut, 79, Burvivors: Daughters, Mrs. Steinaugle, Mrs, Verna Mh EAST CHICAGO-—-Miss Stella Such, MM. Survivors: Sister, Mrs, MALY b Preamte; brothers,. Joseph and Albert 8 Mrs, Mildred Peuracas, 06, ai Husband, Sam; daughter, Mrs, Mary Macesich, Sarge Lasgares, gh Jack; brother, Pete FLORA EI a ‘mm. Survivors: Wife, Bella; sons, Dr, Reuben, Leo, Russell; sigter, Mrs, Lena Powell, , WAYNE—Mrs, Marcellle Worman, 24, Burvivors: Husband, Donald; parents, Mr. and Mrs. Albert Harber; * brothers, Bernard and Kenneth Harber; sister, Mrs. Mae Klu FRANKFORT—Cora A. Wright, 67. Sur, Wears Brothers, Ward, Guy and Russell T

Survivors: Bon,

Vester M. Btinespring, 62, Survivors: Wife, Bertha. daughters, Mrs. Raymond Lietzan, Mrs, Bam Reno; sister, Mrs.

Minnie Hengst.

GARY--John Calvin Powell, 36. Survivors: Wife, Lucille; son, Jack; daughter, Alma Jowell, sisters Mrs, W. ding field, Mrs. Beddington; brothers, Charles, Ravens. Krol, 50.

Mrs. Sophie Burvivors:

Daughtersf Mrs. Anna Sophie Krzewina; sons, Jose Martin Kelley, '60. HAMMOND--Charles B. Hasse, 58, Survivors: Sisters, Mrs. Helen Gettler, Mrs, Clara Long, Mrs. Ohristine Thompson, Miss Pauline Hasse Mrs, Elizabeth Boss, 67. Survivors: Sons, Michael, Jack; daughter, Mrs, Caleb Lipscom! >

Blelewicz, Mrs,

Leona Slade, 60. cdaughers, Mrs Carroll;

HEBRO Mrs, arte survivors: 1 G.;

oseph Slater, Sin Garvey; sisters Ro Martha Lam. ER 8 Mrs, Sylvia" Pempler, Mrs. Ida

HARBOR ~ Har, Kaufman, “ NA ife, Gertrude; daught Jessie Kaufman; son, Irving; parents Mrs. and Mrs, Nathan Kaufman; brother, Philip: sister, Mrs, Leo Zendell. : KOKOMO-—Eimer QGarbert, 42. vors. Wile, Margaret; duughiers, Ann and Linda Jane sisters, Mrs. Lela Anderson, firs: Alfred Bostic, Mrs, William Derbyshire; brother, Lewis. LAFAYETTE — Mrs, Caroline Vivian Mumaw, 62. Survivors: Husband, the Rev, Oliver W.; daughters, Miss Betty Mumaw, Mrs. Vivian Stierwalt, LAKE VILLAGE—Mrs, Naomi Martha Merchant, 34, Survivors: Husband, Dr. Raymond; daughter, Mary Katherine Merchant; son, James Rogers; parents, Mr. and Mrs, Roy Shankland. - MACY-—The Rev. Charles’E. lob, 65. Survivors: Wife, ‘Edna; daughters, Mrs, Mary Ramage, Mrs, Lucille Collier, MISHAWAKA John A. Mougey, 174. Survivors: Wife, Rose Ann; aughter, Mrs, Louls E. Chamberkin; brother, Frank. sisters, Mrs. Anna E, Russ, Mrs, Kathryn Herbert. NEW CARLISLE—Mrs. Statyia Beightel Johnson, 90. Survivors: Daughter, Anna Johnson; sons, Victor, Henry, David. UNIVERSAL—Dom Dellacca, 60. Survivors: Wife, Mary; son, John A.; sister, Mrs. Mary Bellassa.

Sutvi-

Albert, Peter, |-

SATURDAY; MAY 4, 1946

STATE DEATHS

FHA OKAYS 180 UNITS FOR LOCAL BUILDERS

Priorities for 180. units wefh awarded last week to 51 local build= ers by the state agency of the Federal Housing Administration,

Local builders and their number of units authorized were Frank App,

‘| James W. Boswell, Robert C. Brem=

er, Jackson L. Brown, William J. Brydges, Dayton E, Combs, Charles F. Craig, Lee L, Crump, Joseph D,

'| Davis, Dependable Building Corp, ..

William IL. Fisher, John T. Glass, Wilfred B. Glass, Edward Goodman, Russell I. Goodman, Philip A. Greer, Russell E. Harrell, William H. Herman, James F. Hershberger, Home Show Inc., Horvath Realty Co, Inc, George R. Jones, Horfce B. Kemper, Joseph L. Kirsch, Rice W. Lambert, John N. Lawler, Ralph W. Linder, Carl D. Michaelis, Fran= ces A. Miedreich, Wayne Wm. Rick, Warren W. Rosselot, James G, Stover, Donald A. Suits, Walter H. Wile son, and Henry W, Meier, all 1 each, Others were William W. Butler, Houston Realty Carp, and Orville H. Smith, 2 each; E. W. Arnold, 3; Greyble L. McFarland Jr, 4; William J. Grossman, 6: Realty Service Co., 11; Hugh Bremerman and Noelie D, Duane, 16, and W. BE Weidlich, 71.

ern schools, park and playground, | health center and shopping fa- | cilities,” | Mrs, Jensen infroduced the In-| dianapolis plan last week to the na- | tional chamber of commerce convention in Atlantic City, N. J. He outlined the provisions and | features for redeveloping blighted | areas which, he said, for the most part are within a mile and one- | half of the downtown district. He | pointed out that the program seeks | to restore livability as well as od make such areas financially sound. "It is the commission's plan to clean deteriorated areas without ! necessitating any evictions. The | land will be sold eventually to pro- | spective home builders. {

REAL ESTATE BOARD | PLANS BROADCAST

The Indianapolis Real Estate | Board will sponsor two radio pro- | grams tonight and Tuesday to pre- | sent housing facts. T. Lorin Driscoll, local realtor; | Boyd T. Barnard, president of the National Association of Real Estate Boards, and Matthew Warren, Washington commentator, will dis- | cuss the “W-E-T” program this! evening at 6:45 o'clock over radio! station WISH, E. W, Springer, president of the local real estate board, and Mr. Barnard 'gnd Mr, Warren will be! heard Tuesday at 7:15 p. m. over the same station,

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