Indianapolis Times, Indianapolis, Marion County, 28 November 1948 — Page 54

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PAGE 54

THE INDIANAPOLIS’ TIMES _

Two Homes Sold In ‘Late Fall Deals By Indianapolis Realtors

Built Since 1940

Greatest Increase

~ Shown in County

« There are 16,535 more homes in Marion County today than In 1940. A survey, conducted by Lou yYoung,. Times advertising mandger, and the Times advertising staff, showed 17,570 new dwellings have been constructed since the 1940 census. During the same period, 1035 dwellings have been déstroyed as obsolete. Seven per cent of the demolished units were in high rental areas, 16 per cent in the mediumhigh rental areds, 18 per cent In the medium rent districts and 45 per cent in low rent areas, Fourtegen per cent of the houses destroyed were outside the city limits, . Heaviest In County >The largest volume of bullding (50 per cent) took place in the county, outside the city limits; the second highest in the city's high rental area. The mediumhigh rent districts were third with 14 per cent, and the gains in the medium rental and low rental areas were each 8 per cent. ‘The dwelling unit gdin is reflected in post office’ addresses, light, gas and water meter installations, and new telephones, although Mr, Young used additional

Norman E. Ringler, draftsman in Peerless Pump. Co., has purchased this bungalow at 2415 S. KeyHone Ave. for $9000 through Edsel Realty Co., 1136 E. Troy Ave. William E. Rinderknecht, city fireman, former owner and occupant, is moving fo a farm near Danville.

11510 New Homes26 Houses and 10 Lots Sold

In Week by Local Realtors

Indianapolis realtors sold 26, Knight Realty Co. sold a house houses and 10 lots during the ln 1602 E. Market St.

week of Nov. 14-20, the North wile Ticker Pare oid a higme:

Side Realtors Association an-| gejler Realty Co. sold a home|

Harold A. Eickhorst, section chief in Western Electric Co. Speedway plant, fecently purchased

this center-hall type, colonial bungalow at 5842 N. Oxford St. through Gil Carter Co., realtors. Mr. and Mrs. Eickhorst are living in the four-bedroom, two-bathroom home, after moving here from

Downers Grove, lll. William Freeman was the former owner.

Business Heads To Hold Parley

The Indianapolis Chapter of the Other speakers are H. B. Shaw, Society for the Advancement of who will talk on “Standard Data Management will conduct a con-|—a Tool of Cost Reduction;” J. J. ference on “New Look at Cit Re-|Edwards on “Lower Costs duction” in the Lincoln Hotel on|Through Methods Improvement,” Wednesday. E. L. Sandberg, CPA on “ManRanking high among the speak- agement Controls,” and a panel ers is Don F. Copel, management|composed of Mr. Edwards, Mr. authority, who will address the|Sandberg, Mr. Shaw and Milo dinner. |Haffner.

GARAGES

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nounced yestedray. at 4142 N, Oxford St. Bruce Savage Co. sold houses

at 6181 Sherman Dr., 3958 Wash-|F RUBLE. I FROFITS oh , Nov. oe ington Blvd, a house on Hun-|,, 00h movie companies today ter Road, Noblesville Road, 3864 were studying the prospects of)

Ruckle St, 6375 Broadway and making pictures in Sweden to use 3119 Graceland Ave. up their frozen profits, a director Ford Woods & Co. sold houses Of United Artists of Sweden re-

at 614 N. Emerson Ave. 622 8./POTted-

ole 8t., 1633-1635 and 1629-1631 4 LA —————— | Hoefgen St, and 332 Northern F ORD

Ave, American Estates sold homes at 8202° N. Illinois St. 6160 Sunjet Lane, 4002 Carrollton Ave. and 6203 Haverford Ave. : Harry Robbins sold lots at 7600 N. Pemmsylvania 8t., 8500 College Ave. and the south-east sorner of 84th St. and Park Aves Houses Sold John H. Max Co. sold houses at 6030 Primrose Ave, 6171 Crittenden Ave. and 339 Forest 8t.

HAND-WROUGHT ORNAMENTAL IRON

A. H. M. Graves, Ihc, sold a home at 5741 N. Oxford St. Fay C. Cash sold lots at 91st St. and College Ave, and in Fairview Terrace.

State-Wide Engineer Servive

Hysom & Campbell sold .a . FREE ESTIMATE—EASY TERMS

home at 3916 College. Ave.

sources to arrive at his figures. " I —————— a A —— A THREE-FOLD WISH PROVIDENCE, R. 1, Nov. (UP) — Mrs. William Reed had

baby would be a girl. her wish when she gave birth to

590 S. EAST ST. v or

920! Spann Co, Inc. sold four lots

in Central Park and a house at | FORD FENCE CO. | two boys, and she hoped her next|1019 Hosbrook Bt. They also a il 21.113 ER

She got|assisted W. Li Bridges

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| . 3 Local Wages Jump Frank Gates, Wife 44.8% Si 43 ~~ |ToBeOn Radio Show S/o SINCE "““ | Frank E. Gates, 4525 N. MerHow much are wages up Inijgan gt, of Frank E. Gates & Indiaiapolie? . 48 es gs n Son, realtors, and his wife will e answer 8 per cent be-| jeipate in ‘thé K . Kysi tween April, 1943, and April, 1948, Kollege radio program t 3 The U. 8. Labor Dept. showed| 4 over WISH at 10 a. m, wages generally over the country. oo da: ’ ’ rose 48.9 per cent. on | Ye ~.dndianapolis, on an average, hy a Soe. Sppeared e radio

showed ‘bettér gains than Detroition (34.1 per cent), Baltimore (35.9 recently, when they attended the

. | per cent), Houston (36.8 ge gent). | annual convention of the Na-

4 San/tional Real Estate Board

Pittsburgh (38 per cent) York Oty. z:- vias 5

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Import The custon no longer 1 there's a w This r businesses during the up in-the w: mindedness . wildfire thr trade. The Conference utives have relations pr Ten per ce: for public ! And by pub customer | tions, com stockholder package. The tru scramble tc but one cus

BUILL County sa speeches. president « Richard C R. Pike, pr Brandt, pr anapolis.

Longe! They told They also dropped th Another th make short They al customary in a selle! made the J tile trade i trying to 1

. . Pinchii 4 per cent ahead of t explained farmer’s ir It is tr And this: | an unhap " wages dre wr wil P cost as mu but he wil dollars wit The far: badly as supports a possible for