Indianapolis Times, Indianapolis, Marion County, 25 April 1947 — Page 29

FRIDAY, APRIL 25, 194

Prices Hiked 20-25 Per Cent In Last Year

Material Cost Slows Construction

By UNITED PRESS The anticipated spring boom in housing construction has failed to dev in many cities, a survey “today. A spot check of representative areas showed that: ONE: In many cities the number of dwelling units begun so far this year was less than in the same period last year TWO: The a rion of finished dwelling units has increased about 20 to 25 per cent in the last year. THREE: The high cost of materials has slowed construction. FOUR: In general, municipal housing agencies and programs have been ineffective. In some cities, the number of units completed so far this year

THE INDIANAPOLIS TIMES

Boom Fails To Develop In_

was less than in the first quarter of last year. However, some of the cities reported an increase in the number of dwelling units com- | pleted. Single Family Homes Most of the units under construc tion, the survey showed, were single family homes, Few apartment buildings were being built. The construction industry was confronted with only a few strikes. Most contractors and industry sources blamed the slow rate of building on high material costs. The survey showed these conditions: CHICAGO-The number of new units begun dropped 31 per cent in the first three months of the year compared with the same period of 1046. NEW YORK-—Units pleted in the first quarter of year totaled 1855, compared with only 288 in the corresponding period of 1046. New York appeared to be enjoying more building activity than other cities. - However, units begun in the first three months this year totaled 5103, compared with 5818 a year ago. DETROIT—The Detroit housing commission reported that 2247 units were started in the first quarter this year, compared with 2829 begun in the same three months last year. The price of homes advanced about 20 per cent. BOSTON — The building boom failed to materialize because of both high costs and material shortages. However, 1085 new units were begun in the first quarter

SEEKS TIMES PRIZE—This portrait of an amateur photographer at work at The Indianapolis Home Show caught Jack McCormick, 31 S. Sherman dr., snapping an entry for the $100 Times Jack has a keen eye on an indoor He is using a Speed Graphic, the type camera used by many newspaper photographers. A student at Central Business college, Jack graduated from Howe last

Mome Show Photo Contest, subject in the Modular home.

February.

Cattle Prices Are Steady: In Week-End Trade Here

Cattle prices were mostly steady in a week-end cleanup trade at

the Indianapolis stockyards today.

Vealers were firm while lambs were weak. Hog prices were mostly steady to strong with a few sales 25 cents higher,

GOOD TO CHOICE HOGS (6800)

Butchers

sesaesennnns 313 30¢ 3.38

3 330 330- 360 Medium--160- 220 pounds ......... Packing Sows Good to Cholce—-

270- 300 pounds 300- 330 pounds ... 330- 360 pounds .... 360- 400 pounds

Good—

. [email protected]

250- 350 pounds Slaughter " 90- 120 pounds .....

[email protected]

. [email protected]

this year, compared with 570 in the same period of 1946. NEW ORLEANS—Dwelling units |

completed this year totaled 225 900-1100 pounds ...

compared with 85 last year. Con- | tractors blamed the slow construc | tion rate on high costs, ST. LOUTS—About 800 units were begun in the first three months |™ this year compared with 1260 in

the comparable period last year. Sr

Almost all of the new construction was single family dwellings.

Truck Wheat

Indians) flour lle and grain - polis gr

0. 3 a and No. 2 nite Dashel: oats Se 33 84c per bushel 0.

CATTLE 300)

Cae 900 pounds [email protected] ‘eu . [email protected] 1300-1500 pounds Good 700- 900 pounds 900-1100 hy A 1100-1300 pounds .... 1300-1800 pounds

700-1100 pounds 1100-1 1300 ) pounds

[email protected] [email protected] v.. [email protected] [email protected] [email protected] [email protected]

700-1100 ¢ pounds [email protected]

[email protected] [email protected] 310g. [email protected]

sesnne eevee. [email protected] |

[email protected] Cows (all weights)

pounds or potter, Ble Jew soybeans,

14 per cent Ry Good

. [email protected] [email protected]

and * OVERCOATS

riz 8

gayi hese gasmente garments are steril ized, cleaned and recon-

OUT-OF -PAWN—s

Men’s SUITS, TOPCOATS

© JOSEP'S Loan Office

Chas. Wedge, Mgr. 146-148 N. ILLINOIS ST.

Phone RI1-6006

Le ———

2%

. [email protected] |

BUSINESS DIRECTORY

DIAMOND LOANS

% WE BUY DIAMONDS # ALL Chbiaiin LON

TRAIALANL THITE eee WE Soin Downtown Salesroom 139 North Meridian, of Trade Bldx.

Board Main Nffice and Salesroom - College Ave, Prank n, Snyder, Mgr.

40 wy enn

Our modernisation program is not interfering with the most Interesting values in town! B8top in and see us!

DIAMONDS 4 WATCHES APPLIANCES. 19 EAST MARKET ST.

HARDWARE 344 E. WASHINGTON ST.

LOANS... DIAMONDS-WATCHES SPORTING GOODS-CAMERAS VLD RCL Lr

North Tri

FUR STORAGE Modern Vaults

Call MA-5717 : BISHOP FUR CO.

2nd Floor Kahn Bldg.

WHILE THE REST OF THE TOWN SLEEPS HAAG'S

ALL-NIGHT DRUG STORE 22d and Meridian Sts. IS OPEN

NOOSIER OPTICAL m N. ILLINOIS

ry NC N77 / 4 DEPENDABLE { ACCURATE SERVICE

a. USE YOUR crepiTH

—<% Hamilton's —,

129 W, WASHINGTON ST,

hr io g Shoes ; 4 Soe

75@20 25 | Good and choice

| chotee—

| E Good and choice

1

[email protected] |

| zerritory, to wit:

| Ordinance No. 10,

| of Spencer Avenue, sald doint being lo-

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CALVES (460)

ymmon and medium Culls (75 pounds up) 506 10.50 Feeder and Stocker © Cattle and Calves

eess 18.50 sane 18.00 UNAS .s.eseseenes 18. 21,00 tesansseanes [email protected] anesassenese [email protected] [email protected]

500- 800 pounds 800-1050 pounds | Good— 500- 800 800-1060 pounds Medium— 500-1000 pounds Common— 500- 900 pounds SHEEP (200) Choice

Good to choice Medium and good

20.50 19.00

180g [email protected] 9.00 8.00

Common

Common and medium

LEGAL NOTICES

ENERAL ORDINANCE NO. 38, 1947 AN ORDINANCE TO AMEND Sectins 1 and 2 of General Ordinance No. 10, 1947, which amended General Ordinance No. yg wid2g | {3 amended), commonly known ing Ordinance of the City a Be Indiana, and a Hm ash t ® Jans shall take effect,

OMMON CoUNCIL. Re THE CITY OF INDIANAPOLIS, That Section 1

8 N 1 a Ordinance No. 10, 1947, be A read as follows: ON 1. That General Ordinance No. 114, 1922 (as amended), commo known as the Zoning Ordinance of indianapolis, ndiana, be and t hereby sinended, fe plemented tended as to U parment House Distriet, A3 or 2400" Bau are Feet Area District and Hl or 50 Feet Height District, so as to include the following described

Beginning at a point in the center ' line of Spencer Avenue, said po two hundred forty-five > (348) "i of the center line of E. 'wenty-First Street; thence south on and alon

of three hundred twenty oint; thence east on a | he center line of East Tw

te pencer Avenue a distance of two hun dred two and four tenths {393. 4) foot to the center line of East Btreet;

point; said of the center line © Btreet and the east line of the west half of the northwest quarter of Section 34 Township 16 North, Range 4 East, said east line being the center line of Hawthorne Lane; thence north on the said center line of Hawthorne Lane a distance of five hundred twenty-two and four tenths (522.4) feet to a poin thence west on a line ocarailel to the center line of East Twenty-First Street a distance of six hundred seventy-three and forty-six hundredths (673.46). feet to the SECTION 2.

point

lace of beginning. That Section 3 of General 1947, to be amended to

SECTION 2. That General Ordinance No. 114, 1922 (as amended), commonly known as the Zoning Ordinance of the City of Indianapolis, Indiana, ne and the same is hereby amended, supplemented and extended as U3 or Business District, A3 or 2400 Square Feet Area District and Hl or 50 Feet Height District, | so as to include the following described territory, to-wit: Beginni ng at a point in the center line

read as follows;

cated five hundred sixty-five (565) feet south of the center line of Fast TwentyFirst Street; thence south on and along the center line of Spencer Avenue a distance of one hundred thirty-six and sixty-four hundredths (136.64) feet to the intersection of the center line of Spencer Avenue and the center line of Fast Twentieth Street; thence in an eastwardly direction on the center line of East Twentieth Street to a point, said point being three hundred ree and fourteen hundredths (303.14) feet west of the center line of Hawthorne Lane; thence north on a line parallel to the center line of Spencer Avenue a distance of two hundred two and four tenths (202.4) feet to a point; arallel wenty-First Street a distance of three hundred seventy-three and thirty-eight hundredths (373.38) feet to the place of beginning. SECTION 3. This Ordinance shall be in full force and effect from snd after its passage, approval by the Mayor and publi cation according to law STATE OF INDIANA, MARION COUNTY, CITY OF, INDIANAPOLIS, ss Prank J. Noll, Jr. Clerk of the Cit y of Tonk Indiana, do hereby certify the above and foregoing Is a full, true and complete copy of General Ordinance No. 88,. 1947; that ' said ordinance was passed by the Common Oouncil on the th day of April, 1947, and was signed and Approved by the Mayor on the 12th day April, 1947, and now remains on file and on record in my, office. NESS my hand and the official seal of jhe City of Indianapolis, Indiana, this

14th day of April, 1047, FRANK J. NOLL, JR in _ City Clerk.

Wow CEN) Eorly Spring Styles

«os Your Hatter !

BNA Pun, onal. SAVE

HARRY LEVINSON -| ||

Business

Block Co. Plans To Expand

Next to Store

The Wm. H. Block Co. paved the way yesterday for a future expansion program with the purchase of

| two_ properties west of the come

pany’s downtown store. Oompany officials announced the purchase of the parking lot located north of the store's Capitol ave. annex and also a three-story building facing Market st, west of the main store." Purchase price of the newly acquired properties was not disclosed. The parking lot, which offers the Block: firm an additional 53 feet of frontage on Capitol ave, was purchased from Capitol Motor Inn, Inc. The area will continue to be used as a parking lot until October because of lease commitments but thereafter will not be used for that purpose, Block spokesmen said. The Market st. building and ground were purchased from Tyree P. and Josephine K. Burke and the Minor Realty Co., Inc. The building, now occupied by the Mill End Shops and the Terminal Liquor Store are scheduled to be taken over by Block's for office-and service department space within 80 days. Block officers are Meier 8. Block, vice president; R. C. Block, treasurer, and E. A. Block, secretary.

Local Produce

PRICES FOR. PLANT DELIVERY

Poultry: Heavy spri i 2% Ibs. and ovér, 33c; Leghorn 28¢; cocks ae ‘stags, ile; No. 2 ooul ry "4c less than 1.

i Leghorn hens, 20c, soft meated ov ho; Ley cocks and stags. 16c; No. 2 poultry, je less than No "Bustertas No. 1, 60c; No. 2. 87c. Current receipts, 54 Ibs. to case,

BT Bee de A large, 43¢; medium, 38c; mo

ELECTED PRESIDENT—Hugh K. Duffield, manager of Sears, Roebuck & Co., was elected president of the Merchants association at the annual meeting yesterday. " »

Duffield Heads Merchants Group

Hugh K. Duffield, manager of Sears, Roebuck & Co., was elected president of the Merchants association at the annual meeting yesterday. Other officers are A. K. Scheidenhelm, Banner-Whitehall Furniture Co., Inc, vice president; Walter L. Wolf, H. P. Wasson & Co., secretary; Lester Greengard, manager of Morrison’s Washington Street Corp., treasurer, and Murray H. Morris, director. Directors elected to three-year terms were James A. Gloin, treasurer and assistant general manager of L. 8. Ayres & Co., Leo Traugott, president of the Fair Store, and

Albert L. Zoller; vice president and |Clearin

Calls Prosperity Prospect Bright

Chain Store Council Hears Speaker

The outlook for national prosperity of a permanent character is brighter today than it has ever been, Godfrey M. Lebhar, editor-in-chief of Chain Store Age, told 150 members and guests of the Indiana Chain Store Council at noon today. “I look for an increased supply of things the people need at prices they can afford and will be willing to pay,” Mr. Lebhar declared. “And if, as now seems possible, we can avoid labor troubles in the major industries, I think we are all set for a period of unparalleled prosperity.” Eleven directors of the council were re-elected and C. H. Domhof?, Guarantee Tire & Rubber Co., was re-elected president. Walter 8. Greenough was re-elected secretarytreasurer. J. A. Lindgren Jr., Great Atlantic & Pacific Tea Co, was elected vice president. Directors re-elected are, Mr. Domhoff, G. W. Van Ausdall, Melville Shoe Corp.; Mr. Lindgren; Rodgers N. Brown, The Kroger Co; Hugh K. Duffield, Sears, Roebuck & Co.. James M. Gloin, PF. W. Woolworth Co.; Willlam H. Meckling, G. C. Murphy Co.; Earl F'. Horn, McCrory

Stores Corp.; Colby E. Moody, 8. 8.7

Kresge Co.; J. N. McCreary, Bedford, J. C. Penney Co., and Fred Arend, Bluffton, The Morris Stores

'. i

secretary of Charles Mayer & .Co. Holdover directors are Meier 8S.

Block, Mr. Duffield, Mr. Greengard, |f*

Allan Kahn, Mr. Scheidenhelm and Mr. Wolf. Donald A, Morrison, retiring president, will continue on the board as immediate past president.

Telephones

the Hill bill to form a farmers’ rural electrification administration.

would leave approximately half of the farms of the United States without such service. These two points were stressed today in a letter from REA Admini strator Claude R. Wickard to Senator Lister Hill (D. the telephone bill

Mr. Wickard sald that “based on the past history of Bell companies, they are not interested in acquiring stations that will not pay an acceptable rate of profit.” Senator Hill first introduced his rural telephone bill in January, It provides for long-term

Senator John Sparkman (D. Ala), who also backs the Hill bill, today cited what he called a “phenomenal rise” in farm phone installations since its introduction. He said that the current rate (prior to the strike) was eight times greater than

INDIANAPOLIS CLEARING Jove

"000 | he pre-war rate.

Ala), author of |!

Aid Needed e

Asserts Expanded Bell Company am Still Would Leave Out Half of Rural Area Soripps-Howard WASHINGTON, april 25.~Bell members of the National Federation of Telephone

strike, have speeded rural telephone installations since Velephone system patterned after

Bu, the Bell lan for ane milan new farm telephone by 1080 i

PRUN Ip,

PAINT

ADDED ROOMS

~ 3-Room Group of | ol Room |

IB i

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in the

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Y AeMooey yg

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54 Years of Canrefied Financial Sorvice

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MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION

The UNION TRUST COMPANY of Indianapolis

3 A e : Workers are now introduction

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