Indianapolis Times, Indianapolis, Marion County, 7 November 1948 — Page 54

3) Plan: ‘Avalble

(3

. PAGE. 54

Indianapo ols Fairly Stable

Local Dealers Note

By MARION CRANEY

out the nation have yet to dent seriously the price structure in Indianapolis. But lumber dealers here are watching, waiting for lower figures. Unlike other

geles and Pittsburgh, the local dealers have felt little or no price drop in softwood, the common

makes the framework of houses. The highest drop reported here was 15 per cent over a period of " three months. However, the Pacific Northwest, from where a third of the nation’s lumber comes, prices have slid as far as 24 per cent in the last two months. Local dealers cite the law of “supply and demand.” Others blame the national trend for whatever price drop exists in In-| dianapolis. Southern Mills Close Some southern mills, in and|— around New Orleans, are re-| ported to have closed up, saying they don’t make enough to oper-! ate. One dealer here pointed out that the wages paid mill workers | might play a part in holding up) the present prices.

ers say a “buyers’ strike” Others blame a change from a sellers’ to a buyers’ market. Indianapolis dealers admit a| possible price drop. A severe! winter could mean a strong ease-

age of concrete for building would lessen demand for wood building parts. Locally, dealers. see no serious skid. Construction is still calling for lumber, and companies report an abundant supply. If construction drops, supply increases. Xf supply increases, the price Arops. we napoli dealers are wait. 8.

28-Foot Kitchen Attracts Visitors

The 28-foot kitchen in the ranch-type house built by Mr. and Mrs. Robert L. Mason at 4190 N. Pennsylvania St. is attracting | ss

of visitors. The house will be -open until Nov. 15. Members of 17 garden clubs of the Central West Dis-! trict of the Garden Club of Indiana are hostesses, The kitchen is entirely paneled in knotty pine with a brick fireplace and electric barbecue. One of the visitors was Mrs. | G. W. Johnson of Mexico City,

American Airways, Tuckers to Show Emmert Tucker

showing of -the '49 Tucker automobile Nov. 9 and 10.

mer Prices :

Little Recent Change!

Tumbling lumber prices through-'

metropolitan areas such as Detroit, Los An-,

dimension type of lumber which

Nationally, some lumber deal-| exists. |

up in building. A continued short-|

wide attention among thousands

landscape architect for Pan-|

Sales and Service Garage, 216 Main St. Beech Grove, will have a first|

i x », Sa

COLONIAL PURCHASED — Mr. ond Mrs. Hiram Ww. McKee are ving in this | Colonial type home at 4134 N. 1llinois St., recently purchased from Hall-Hottel Co.,

| Inc., 129 E. Market St. Local Home Builders" Unit Plans to Induct Officers

Paul Pike, New President of Association,

To Take Over Duties at Tuesday Dinner Paul Pike, new president of the Indianapolis Home Builders’ |Assoclation, will be inducted, along with other officers, at a lobster |dinner Tuesday night in the Athenaeum

| Others who will take office are Robert E. Dillehey, vice presi|dent; Dan W. LeGore, treasurer; Dale Bremerman, secretary; J. F. {Cantwell, historian; Ralph Pike, photographer and Clyde E. Pike, Pike,

sergeant-at-arms. { the U Title Co.: Vern-K. i ' 0 1 nion The retiring president, Arthur Reeder of Ralph R. Reeder and A. Smock, will become a member Sons; Larry Fox and Frank Fox, of the board, with Charles O. of the Fox Steak House. Grinslade. They will succeed! Carl W. 0 Robert Schreiber and Harry Dil- Harry Hillehay, Norris P. Shelby, lenay whose terms have expired. Robert L. Mason and Clyde E. Guests at the dinner will be|Pike, are arranging the dinner. R. Earl Peters, state FHA direct- - CoB or; C. Worth Barnett, Joe Baeger, Fletcher Yule Club Larry Aschoff, Al Eggert and Sam Ruble, all of the FHA; Paul TO Get 13,700 Checks C. Burkholder, Eldridge G. Wil-| Fletcher Trust Co. will distribkinson and Zack Scifries, all of ute 13,700 checks totaling $1 milthe Veterans Administration; lion in its Christmas Club Fund Charles E. Bacon, city building during National Prosperity Week, commissioner; Al Geisel of the which begins Nov. 29, County Plan Commission; Carl Fletcher officers report the total C. Weiland, president of the Cen- |represents a substantial increase tral Supply Co.; Verne Bundridge|over last year's figures.

Lindemann, chairman,’

Fred B. Johnson was the tormer owner,

Furniture ‘Company Marks Fourth Year

Marks Furniture, 6243 College {Ave., celebrating its fourth year lof North Side business, is markIng the occasion by featuring a discount on purchases made before Friday.

— THE INDIANAPOLIS TIMES

however,

. SUNDAY, NOV. 7,.1948

Wholesale Food Prices Tumble

8.5 Per Cent Drop Noted

Wholesale food prices were off again this week, dropping from $6.47 to $6.36, making a decline of 8.5 per cent since mid-Septem-ber, Dun & Bradstreet, Ine, re-

ported yesterdaw. Commodities which Zioved lower during the week were flour,

wheat, corn, rye, barley, hams,| | “ilard, butter, cocoa, .

potatoes and hogs. ingheases, were shown in

cheese, cottonseed oil,

raisins, - prunes and lambs

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