Indianapolis Times, Indianapolis, Marion County, 10 September 1949 — Page 11

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300 Homes on Display for Week;

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Thousands to See 1949 Parade

50 Building Projects to Reveal All Stages of Construction

By HAROLD HARTLEY, Times Business Editor More than 300 homes, architectural visions of security, thrift or even expansive luxury, tailored on the drafting board to meet every pocketbook, will be on display, in théir own natural settings, for one week beginning tomorrow, in the 1949 Parade of Homes. The city-wide exposition, the largest and mest complete ever undertaken in Marion County will open the doors to

mote than $23 million worth of dwellings, as modern as to- B

morrow's sunrise, to thousands of visitors. The homes will be included in some 50 building projects and will be shown in all stages of construction so workmanghip and materials may be "The sturdy “construction “and examined and explained by the architectural ingenuity in ’ achieving both beautiful and guides on duty from 3 to highly functional homes will be 8 p.m. . stressed by the builders, A. H. M The home show, presented at

Graves and Fred L.. Palmer. cothe seasonal turn toward winter chairmen of the Parade of Homes, fs expected to attract thousands

said today. Quality plus war-born producof renters along with citizens still tion techniques - have enabled inadequately housed. It is #pon- builders to put more into their sored by the 250 members of the homes with new labor-saving maMarion County Residential Build-'terials than at any time since the ers, Inc, and the. Indianapolis first log-hewn cabin was erected Home Builders Association. in the cleared forests of Indiana, Eager to Show Results the co-chairmen said. The exposition will have an un-- Many of the homes will be In concealed overtone of pride on the the framework stage with suppart of builders who are eager to/porting timbers bare. Others will show what the Industry has been have their interiors rough finable to do, according to M. L. ished, and still others will -be comHall, president of the Marion pleted, and polished. off, for County [Residential Builders. | cupancy. j :

Some Wil] be equipped with gadgeted kitchens, new effortless heating systems with ventilating systems which even measure the moisture in the air you breathe Committee Members Supporting Mr. Hall and the leadership of Fred Palmer and Merriam Graves is a committee comprised of leading builders and materials men serving Marion County. The committee includes Marshall Warren Atkinson, Charles Bacon, John E, auer, Harry -E. Hugh Bremerman. Charles B Brownson, Vern Bundridge, J Frank Cantwell, Harvey E. Car son, Frank Cox, A, C. andall T. C." Davis, C. M, Dennis. M. B. Esterline, Dean Gaskill, Chris J, Greiner, C. O. Grinslade, H. H. Hollibaugh, Joe Lang, H. A, Lindeman Jr, Leo A. Lippman, Robert IL. Mason, Louls McCormick. Elmer Meadley, Delbert Meyer Louis Miller. W, I.. Moore, Daniel [P. Morse, Thomas Mutz, Adrian B. Nail, John Partenheimer. W. D. Patterson, E. G. Peabody, Paul Pike, LeRoy Potter, Verne K.

Abrams,

Reeder, J. Arthur. Rentsch, C. E.| "rn . x» | © THIS SECTION is dedicated to the man who owns a home or wants to buy one. That includes almost everyone. son, Fred Tucker, Joseph Van[t js also dedicated to the men who build and finance them

Rogers, Robert FE, Schreiber, Charles E. Sherman, E, W, Springer, Harold Taylor, Albert Thomp-

Briggle, William D. Vogel, Charles E. Wagner, Frank Weiland and Albert C, Zickler. Gov, Henry F. Schricker and Mayor Al Feeney have proclaimed Sept. 11 to 17 as National Home

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WHAT— A city-wide open-house exposition of 300 well-built homes in all stages of construction, all price ranges.

WHEN— Tomorrow through Sept. 17, open 3 to 8 p. m.

WHERE—In every growing section of the city. Routes and houses 1

are well marked. Escorts on duty in many.

WHO— Presented by 250 Marion County Residential Builders and Indianapolis Home Builders for families wanting better living, usually purchasable”out of income. WHY— To give thousands of Marion County home-hunters an

opportunity to see, in one week, the latest designs and ideas in comfortable and thrifty homes and materials. LJ " » ” ” "

Your Home Is Your Security A Dedication

L BUILDERS,

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_ THE INDIANAPOLIS HOME BUILDERS ASSOCIATION

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Smart

Building Boom Bacon Believes

Activity to Increase The boom, momentarily

city’s post-war building last

spring by strikes in the building

glowed

trades, will reach record proportions this yedr. This was the prediction of City Building Bacon today after compiling comparative building figures, Previously, biggest building boom occurred last year

Commissioner Charles

the - city's

THE MAN who buys a home, buys a share, so much | ypen the Building Commiss:oner's

common stock, in his tawn. He usually becomes a better citizen. direct. ment spends his money. earned security. worked for it.

These private kingdoms of men and their families dot

our fast-growing community.

He pays his taxes Pullding program

office files recorded a $40 million

Records for the first eight

He becomes more interested in how his govern-!months of this vear already show He acquires a new sense of self- a $34 million program and indi. It is nothing someone gave to him. "He

cations are that activity will further increase within the next few months. Medical Center Plans Plans for a seven-story medical

They may go up and down pyjiding near the downtown bus-

in value, but so long as they stand, the owner has some iness district have been formu-

shelter from the storms of the skies, and the economic tida

waves of inflation and depression.

and make it possible to buy out of income.

It is dedicated to a $7 billion a year private industry | and the men who work in it—men with hammers and planes small business have shown althree percent last

1 lated but not filed. | Several housing projects, in eluding a $2 million East Side an: nexation program, are expected to materialize within the next few months. Council approved the annexation and plans for a huge $10,000-a-home project’ will be | filed shortly. Mr. Bacon said that building permits for individual homes and

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SATURDAY, SEPT. 10, 1949

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Here's Data on Exposition Predict Record Expect Costs to Hold

Near Present Levels

Wait for Lower Prices Likely to Prove Disappointing, Say Trade Leaders

There won't be much change in building costs in the the immediate future. New home prices seem. destined te remain about where they are. Indianapolis builders and materials men reported las’ week that prices of lumber, the basic home building com modity which dropped slightly in the spring, are back wher

they were. Mr. Wagner said lumber price

R. Earl Peters, local ad- have been strengthened by un ministrator of the FHA of- favorable drying weather in th fio } at he | South where a full month o ice, said yesterday that he could dampness cut the supply and pu see no marked change in prices southern pine up $10 per 100 in the next two years board feet (one board foot i Charles Wagner, manager of 10.19 inches, one inch thick). Burnett-Binford Lumber Co. w a MID . h student of building costs, said est Coast lumber-used in t

structural parts of a house hav followed the yellow pine prices. Pine sheathing and sub-floo) Ing is now selling around $90 pe 1000 feet. Two-inch framing i bringing $95, and siding is sell ing at $170 per 1000 feet. Builders point out: that qual ity Is back in materials and labo production per -man is. up, bu

the slight dip in lumber prices in the spring has been absorbed In a recent rise, Fred 1. Palmer, of F. L Palmer & Son, builders, said he expected bullding costs to remain about where they are There has been no reduction in labor

costs and freight rates are still

gong Ji. Material costs seem to Te ate and taxes are stil No Need to Wait | “No matter what you pay fo These are answers to the a house” Mr. Palmer said, ‘yo! people who are waiting for lower can sell it and buy comparabl” prices, living’ In ‘unsatisfactory housing with the price you ge homes in hope of getting new for it even if less. Housing pric homes for less. levels rise and fall together.” Mr. Peters sald lumber and| ‘The man who waits to buy r plumbing prices fell off about house Jooking for lower price: spring but probably will be disappointed anc

and blueprints—who are fast turning our edge-of-town marked increase since. government FHA cost engineers expect no will deprive his family of enjoy

{meadows into thriving colonies of home owners.

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buliding priority regulations went Jott

labor market.

additional drops because of tlie able living while he “waits,” ht

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