Indianapolis Times, Indianapolis, Marion County, 8 January 1950 — Page 37
ere eliminated
uard Armory, a St. last Fri. urtain rose on nent.
il in the Nov-
prmined to get condition for ament fights, re looking on iday were de. ard this week heir names are
d Friday ' d of the tour riday night in ng at 8 p. m, ighters will be m 2 p. m. un~
second round by the Golden shortly before rogram. None know who his intil the pair-
the committee, _. he tournament”
Ze and there
ds for winners
of Ch 28 and Mar. 1,
an, 7 (UP) ty, led by for. ner, defeated ght for its see oague basket« niversity Hall
Basketball Week
\Y rankiin Township,
day ordsville,
AY . “rispus Attudks ab Y
le ecatur Central
on ence Central, } Townstilp ke: Townsaip gton ai Speedwap,
AY ville Mater Del, id Heart at Cathe dee.
I Association vision
w L Pet ..28 4 J 2 13 629 15 17 4 12 19 287 . 12 n 593 11 21 vision w L Pef, 22 10 688 . 21 1 687 2 12 838 20 12 635 15 17 AS vision LAIR oR 8 13 8/00 . 13 14 481 —lf. 31... 323 _ 7 2% 213 5 Fi 1564 T NIGHT Itimore
®t. LL) eorgetown 38 , Virginia Tech 38,
5
cer
o 13
the insurance t five minutes, eeling punt reny Walker put sition for (its pening period. field twice in ttle Eddie Leof the Pacifie wdnois of Michjouth's 12-yard ker crashed to scored. Walk-
he second peri off a 46-yard 1a’s Jim Owen but this time
int try was rthled 13 to 0, It Up
d North Care the South on nning out the nd Tidwell un-52-yard pass of Vanderbilt jchdown. Dick
ee kicked the 1s’ back in the
the South off with a 22-yard North 40. TMk aim again 1 Rich's arms red the touch-
ampions
This Week in Business— GC :
To Lower Level * Hard-Driving Competition Due © To Hammer Them Down More -
“By HAROLD H. HARTLEY, Times Business Editor PRICES HAVE pussy-footed down 7 per cent in the last year. The slide has been so quiet, so gradual and so smooth that it is hard to find anyone who noticed it. Yet if housewives will compare what they are paying “in the food markets, they may find important items down ore than 7 per cent. Soaps, pork, eggs, apples, for instance.
And others. |will hammer prices another 7 or But the decline has not 7% per cent this year. . eteorie | gain will be on the buyer's been fa when taken ie Quality will get higher as through ‘the whole range of i.e go down. Money will buy spending. has been cushioned ;,,re “And manufacturers will by federal support levels. And the opiher that talcum powder gray housewife herself by walting for a¢ the temples trying to cut costs lower prices tually helped to 4 competitive levels. make them. N\ Working upstream against the The housewife stopped the cof- float-down of prices was the hike fee spiral when prices were cloud in basic steel of $4 a ton. This cruising crazily, There was a little will stiffen price tags in nearly hoarding, then food huyers be- everything except food, furniture gan to cut coffee from their shop-and textiles. Higher steel is sure ping lists, and that stuck a pin to be reffected in appliances and ih the coffee balloon. + |automobites; both trying hard to This year prices will continue get to lower price ground. $heir graceful descent, There ‘willl
|
The 1950 dollar should soon
be no collapses. But hard-driving equal $1.07 in 1949 and $1.14 in pe
competition, at times merciless, 1948. .
! { Laundry Tug-of-War peaceful in Indianapolis. There are no heated strikes, no tempers lost, no bricks flying. at there i= one b soon to SW BER el0 sd
aC rr A COMMIT ipl Ng VE aT
the Jaund ax Pride Taste ‘April between the Indianapolis and cleaners. And ‘both the
dry cleaning VIL RAE a
_Club,_ consisting of the major spade work cleanefs and launderers of the to Win the city, With the AFL is soon to be the 4000 workers involved. | processed through the ballot box,
beginning.
the city’s laundry and dry clean-| Ing establishments. | cleared the city will be\ free of | The crews will be made up of major labor disputes for the time. | one watcher for management, oie] But do not expect this tq last.| each for the CIO and AFL and This is the year for pensiol detwo for the National Labor Rela- mands, and it.is our considared tions Board. > {opinion that pensions will get top A week from Tuesday the crews priority in all new contracts this will start polling the big laundries year. te EI
— _ in-which GM will show its 1950 line at New York's Waldorf-Astoria | h Jan. 17 through 27. Harley Earl, left, v. p. stylist, and W. F. [village
A miniature of the- General Motors “Mid-Century
Hufastader v. p. for distribution give the models a last-minute once-over. rd
r * Wall Street, it seems to me, {2 almost One Sure Thing something which has happened, or more often, something it fears will happen. : :
This, I am told, is what makes stocks go up or down. Just.now veloners. ‘har
Wall Street, long the whipping boy of politicians baiting the dinner
bucket vote, is. looking for six But stocks, at. months of fair sailing. gouty about ol. t
their best, are men and what they Then, say the Wall Street ob- 4, with money and materials. The servers, look out. Anything -ma¥ men change when management happen. The old-timers, who still changes. Then who knows what wear “high, hard collars, are full y,oneu will be worth at the end of caution, And why not? The¥ oe the vear? 0 i are looking for sure things. And’ g, even at best the stock marthere aren't many overnight for-,.: js a risk venture dependent tunes to be made. upon what men do with the money
Barrington Heights . . . apartment projects help trim housing
shortages here.
Apartment Projects
ARNE TR a — .
Predict Building Boom to Continue
L. & L. Firm Plans Three New Projects
“Ch
Ave.
half > 18378. \ Like their other projects, this L Ginger job has FHA financial| backing. Work on this apartment will start Feb, 1, Mr. Ginger disclosed. Paul I. Cripe is the
planned t
| ridian St.
Apartment construction, on pa-| r and going up, will continue| ] to move briskly in Marion Coun-/| Labor, for the most part is ty this year. ! Besides helping notch the local building mark in 1949, developers sent to thevjurisdictional of multi-family dwellings : oto he amor and a3 yg the biggest ‘apartment activity
TR HR YE a
Aw
Cost Set at $375,000 The latest of their projects ap-| proved is a 51-unit brick veneer| building: at 6102-168 N, Carvel] Recorded as Granville] Apartments, Inc., the two-and-a-story structure
000.
an Bros,
architest. The sacond major construction | start late this spring will be Barrington Heights, 310-
ges in rental me
10 ia ownership last “year--uiso| Dry Cleaners and Launderers and the AFL are getting in their gprs renovation projects antici ow, lining up voles nated for apartment ufiits in Insey -dues- pay-off -of gianapotis-this year: ER . One of the biggest housing de- | Both sides claim: they have the|velopers in Marion County, the as should have been done in the elections in the bag, and they will I. & L. Building Corp., builders] continue to sing this song right! of Windsor Village around 21st Between Jan. 17 and 19 six'up to the minute the last votes St. and Arlington Ave, has three crews of five men each will super- are counted. Then tha smiles will apartment projects set for the vige elections in more than 40 of come off of one side of the other. hammer and ¢ement stage this When the laundry muddle is spring.
will cost
and George V.
stone Ave. and Minnesota St. The |
wifiding will cost more than $1.6 tyre ‘complete two-bedroom Hving units. n. \
_____Plan 8-Stoxy Building Planned for early summer]
The project ith prime reinforcad concrete strutture will { contain 100 units.
A. 140-unit apartment \project Sarah Shank Golf Course
{near {will be ruled upon by the\ City, Board Jan. 23. The $840.posal “would “tictude 38 {buildings featuring one and twoTpedroom apartments—similar to. Northeast
{Zoning 000 pro
{the
The project would be built on fur the average home. 14 acres of farmland bordered and 20-gallon tanks are as outby Walker Ave. and Kelly, Ran- gated as the Model-T car. dolph and Asbury Sts. sion to bull
Side’s
t Engineering Plans
Herbert Bloemker Co. have pre-
‘ment in NN. Carvel Ave. This project will cost $7
pared engineering plans for the | ‘development, Mr. McDaniel said. | E. F. Hohlt builders, completing | an 1l-unit building at 19th and Delaware Sts, has started map-|
ping an 83-unit apartment in 3650- building products literature com- area only one block to the north | jumped 25 to 75 cents a nnared R@QIAY to Start Anew peti
{as is Broad Ripple High School. PO
| 40 More Dwelling Units for N_:t
tryin ie
“
“gs pu
EY
Marcy
Permiswould enable start matic dishwashers and always having a case of jitters over of construction by Mar. 1, said J. equipment- may éven weed a 45A. McDaniel, president of J. A. McDaniel & Co.; Inc., project de- tities of hot water. = {-dte apartments -witt-rent for -$90|
60,0000 The contest is open to all man-| ‘and is FHA sapproved. Tenants ufacturers of building materials and built by Carvel Court Realty should move in by early summer, and equipment. Deadline for en- Co.
Featuring | expanding Broad Ripple. \
Completion in Broad Ripple | Private Entrances, Children’s Play Court, Featured in Carvel Ave. Development
y o Fast expanding Broad Ripple will see the completion of aj unit Negro rental project at Key-| 40.unit apartment building next month. The Carvel Court Apartments, 6160 N, Carvel Ave. will fea-
| Fashioned after the Broad Ripple Colony Apartments, the buildings have a Southern Colonial design. The project consists - ER — jot two units of 20—apartments
| The tenant may have heat to his own liking.
Water for Family "1s your hot ‘water heater big enough for your family? !
Increased demand for hot wa- The
equipment. ond floor. — o HEATING authorities report a 30-gallon water heater is needed Fifteen
window which opens on a spacious
Homes with extra baths, auto- c0Urt providing play space for
laundry
gallon heater for adequate quan-| ton.
{a month, corner units at $95 and front units at $100.
The south half of the project is
Architects Announce Literature Competition
The Americgn Institute of Ar-| chitects and the Producers’ Coun- [Jack 900 aparthents was begun
\ { rik cil, Inc, is sponsoring the 1950] The Broad Ripple shopping
M. L. Hall, president of the
A
h Side Community
Help fo Whip Housing Shortage
i —— = Ni ——— op
- we |
Home Prices Padded
“In Certain Counties Through Old Laws -
i { { |
.| Pockets of Resistance In Hoosierland
og Bar Newer, Safer and Cheaper Products G
By LARRY STILLERMAN Indiana has a good building code. But it isn't used
a | throughout the state. :
“is
ing a Southern Colonial design, the Carvel Court Apartments are near completion in
New Apartments Approach Pork Prices Dip
After Holidays
{
Lowest Figures
Since the War By MARION CRANEY After two holiday week-ends
a on
As a result, certain counties pad prices of Hoosier homes by enforcing obsolete building codes. These codes: | specify materials for construction. They often bar newer, |sater, cheaper products, hon County. In fact. he h | The state code merely re- whip the ola Indiana ped quires a rigid safety perforn- into today's practical set-up. ance test. If the materials Sparked Reincarnation
ond oy, Vo =
pass the examination, they are Along with Harry Claffey, chief certified for construction, The ©f the county zoning and plan code saves dollars, stresses Commission, Mr. Bacon sparked greater safety reincarnation of the state ABC
Regulations enforeed by major And liberal code seven years ago, communities in Madison, St. Jo- The General Assembly reindorsed seph, Allen and Vandenburg ABC and the code in 1945 counties prevefit standardization “Building commissioners are of building materials, They rule not specification writers, “Mr. Ba~ out mass production economies, ON said. | These counties and other iso-| Nor are government officials te {lated pockets lined with specifica- be agents of building material ine tion rules hold up construction terests holding the line against costs. {construction progress, he implied, “We're interested in building safety and construction thrift,” he reiterated. ' “If a burlap bag wall could withstand an hour fire resistance They are not any safer. test, we'd accept it here as suite In Morgan County, no-fuse mul Bole Jor nome Sonstruction,” 9 i aki Se a ER BAN unin ees ae aon Cairne SEUSS CTR 2 Rl Hath. Saleiy-fuse G0-amp._ switch! -OUF foe Keeps. | boxes, ‘accepted elsewhere in In-,0f all new building | diana, are just as good. | cee. Knothole In Code
More Expensive Items Rural areas specify T-rated reteepticles and toggle switches. They're more expensive than or'dinapy receptacles and. switches.
material ime provements,” Mr. Bacon said. “As |long as ine ycan pass our requires . (ments, bui | use em.” > | However, uniform use of the | es nie Tonianapons cone practical performance , code has |gtruction was limited to specified 4 Plocked by county “home products, Marion County's code rule” enforcement ! qi . . differed then in som is | The inothole Jn the state code Conflicting codes a sions Jay i by “necessity.” struction chaos. This ended, for to ® opt have the personnel the most part, by 1948 when the lo Hinks ine Dare oe Siti county master plan was adopted, § st- . J . ! Today 2 8 |over, state Administrative Build- Co SAY 31 incorporated Sarion
| Ing Council director.” | “Besides, local inspection is a fall in line with the county code, greater safeguard.” he said. Rough Battle Raged
He explained that while the In the state, Grant and Allen —. |code is enforced in unincorpo- Counties are among those work{rated areas of the state, it doesn’t/ing toward adoption of the state {Freya In counties where local code. State-wide acceptance of codes have more restrictive pro-/the performance-type set-up tops visions, {the Indiana Building Congress “I mean stronger safety provi- program. : {sions, not special zoning laws,”| One of the toughest switchover | Mr. Westover said. battles is being waged in the | Farm Building |Calumet-8t. Joseph areas where The state code permits regula. | the restrictive Chicago code pre. rtion of farm bufldings and struc-| dominates. i [tures, he explained, “The safety] In South Hend. specification -! needs are better known,” he said. | code requires double studs on all ‘Here again, most counties fol.| home construction. This hampers.
(crammed with turkey, cranberries joy Federal Housing Administra. PTCfaD Projects there, Director
building is the third Lippman] \ {each. | Project It's a big job, too. Make Sure You | Each apartment has a private { A $500,000 eight-stary structure] {front and rear entrance and an wil be erected in 3T40 N. Me- Have Enough Hot individual oil-burning furnace.
|
|
}
fully rented. Construction of the
|
|
The apartments were designed]
and
"of pork, fish and hot do,
week. Neighborhood butchers pulled the yuletide bird out of the show-|tionat state code case and tossed it back in the jon County. ’ i | Lreezer. In te Place they stacked . “bargains” in pork, bacon and « The first floor has a modern hams at attractive prices. Seller tattle-tale kitchen, living room and dining and consumer settled room space and plenty of closets.| 1950, large bedroom, bath and ‘teria. boosting. sales . of. larger. AMple closet space are on the sec- petites enough to spur buying of] : pork, beef steak and other meats. | A full basement houses an au- In the retail pork market, strong "tomatic hot water heater, laun-/demand boosted prices-a penny or puj dry trays and the furnace. Units two on an abundant supply. But ,, obsolescense are_ considered almost fireproof. cuts still sold at lowest figures] CL Living rooms have a picture since before the war.
mince
Cold . weather
pie,
Pork Chops Down
Beef
and bacon children. The windows have alum- slight rise. fnum casings for ease of opera-/ featured
in
joined
Pork chops
up by
for the other four days.
Prices on best lightweights |
hundredweight.
The big wealth holders are and materials over which they y;, "y i sala. |tries and nominations ‘is Mar. 15. Marion County Residential Build-|
|
Sows sold at prices steady to
Indianapolis tion safety ruli (crawled back onto its regular diet financed res... Al public-
€5 188 ceive ABC approval,
down 10 community mostly adheres to a
sharpened ap-
some stores at } cents a pound. Pork specials were Rent is in three brackets. Mid-| tagged 20 cents’ higher: Steaks , still sold around 90 cents a pound.| A weéek broken | failed to halt the supply of hogs, | Hoosier farmers hauled into the - Stockyards. Closed Monday, the yards counted an,abundant- 36,750
| Westover said. must re-|. Nationally, the Building Offi Mr. West.[HEIS Conterence of Amerfex; Inc, — lover pointed out. will issue a performance building Indianapolis follows the func-| ode this year. So does Mar- Laboratory Inspection In fact, BOCA officials will meet here this June to discuss gray” in the county| further improvements in their construction set-up. The West Side plan. Mr. Bacon is a BOCA chieftain. : . The BOCA plan calls for labe
Speedway City puts a slight
specification code which formerly! (handcuffed Indianapolis building. | oratory inspection of all new mae cso as Big Wheel... vo terials and monthly reports: to Building Commissioner Charles local commissioners of certified, Bacon sees that local homé approved items. ders don’t lose extra dollars, Raymond M. Foley's Federal Housing and "Home Finance Agency is compiling a small home performance code. BOCA nodded approval of the FHHFA plumbing code. The Nae
He has been a big wheel in! rolling a performance-type build-!| the | M8 code into Indianapolis con-| were struction. This development came ag!iR 1945. : | tional Association of Home Builde Our practical code has nailed ers embraced the BOCA rules. gether more construction here| All these agencies, local and han in any other city of compar-| national, have a “specific-per-able size," -Mr.-Bacon said: {formance™ plan in mind: Get He has also pushed adoption of those buildings ‘up safely; keep . he functional state code for Mar- those costs down effectively,
rain
Public Housing Battle
| Ps
unds higher. Most sales for the {week ‘were 25-to- 50 cents higher, The late top price was $17 per
Real Estate Board Leaders Prepare Attack on Government Measures
usually anything but gamblers. It have power. { {s their consistent buying of Du ' I wouldn't bet on any company Pont, Genera) Motors, Dow Chem- living a hundred years, although fcal, Standard Oil of New Jersey some of them do: But there's one which have earned for those thing on which everyone ought to stocks, and others, the “blue chip” risk his last chip, blue, red or rating. white, - That is the ability of the And that could be a myth, too. country, and the men in it, to These are good stocks today, no make money over a long time.
Risky, Day to Day tion, and watch management, market,
cash assets, and the changing
The stock market from day to day is pretty risky business.|units is expected to be completed ! Too many quick ups and downs on good or bad foreign news, strikes, by late spring. This $5 million sinks in all dwelling units. The last year over 1948 volume, the grades. Sheep prices rose as lambs vtephuderovimsara tm rem eaprbpombe re- brought quotations of 75 cents|Increase, he implied.
or government policies. But over| 20 years, or even 10 years, it is a different story. You are pretty! sure to make money with good
election, or a government policy. management in a live market. lon the whole, and over the years,
Just to demonstrate how Wrong, they cash in, just as every Amer-| the old-timers on Wall Street can ican earner can cash in, on the be, 1 quote Elmer C. Walzer, growing prosperity of the country.| United Press financial editor, who| And if you are worried about last week recalled how sure the what you will eat and wear, and "Street” wag about Tom Dewey's where you will sleep, after you election, are 65, remlember there is one 80 you see they do not know sure investment in America. everything on Wall Street. And It is America itself,
i : P Credit always interests me. The size of It, On - the Cu for one thing is amazing. Everybody, even Hard-Cash Harry, uses credit, whether he knows it or not. When he signs a check, it is nothing more than ink on paper. He is asking the receiver to trust him until the .check gets to the bank and the funds are transferred from his account.
of Install
takes, but these mistakes are al-
Hall-Hottel Co., Inc., will join] . the Broad Ripple developers with awarded in these classes of litera4T. Hottel is secretary-treasurer construction of a 40-unit apart-/ture prepared by manufacturers ment in N. Central Aye. ~~
Another eight-story apartmentiClassifications include ) project. in 1300-N, Delaware St. catalogs and promotional’ ma-| Market St,
was approved by the City Zoning terial Board - struction early in 1950. This Ordinance Submitted That is how our -wealth has been $500.000 project is being handled built, Take the long range posi- by Klein & Kuhn. .
The last of Meadowbrook's 847 the local city council which would engineering construction in-|
the big money boys do make mis-| (Cont
ways on the turn of a deal, or an Three
late
last
vear for
Biggest in State
inued From Page 39—Col. 8)
-Bedroom Subutba
con-
Certificates of merit will
and Harry L. Peterson is engineer and bdllaér. The Hall-Hottel
for architects and engineers, |
handbooks, |
! ment.
‘Construction Up Times Special NEW YORK, Jan. T-
Times Special | Durham, N. C., Jan. 7—Ah! ordinance has been submitted to,
require bathrooms and kitchen| creased 15 per &nt nationally
News Record
mission on sub-standard housing. ported yesterday.
{proposal was made by the com-| Engineering
«Fy iied Wh
n Home Is Sold
beers, is head of the firm. Henley
25 cents higher.
|
Cattle Supply Up
this week.
THE “battle of the bulge”
will be on again in Washington
| $30,
An Increased supply of cattle {brought fairly active trade. ComCo. 120 E./mon and medium steers sold at is property manager Prices 50 cents to $1 higher for in charge of renting the develop-|the week. = |. A part-load of high-good and choice lightweight steers reached fine. they say. the week's
top price,
{prices rose 50 to 75 cents.
|sold at prices for the week strong: Heavy to 50 cents higher. Vealer prices rose $1 to $150.2 Boston speech in December. The top was $33.50 for choice The federal government d&uld
higher.
chemicals
connected airframes
»
Fed yearlings sold 25 cents higher.
U. S. Rubber Buys Martin Firm
Times Special
by purchasing
chemicals division of the Glenn L.| Martin Co. here. | The rubber company acquired assets of the divi the Marvinol vinyl resin plant at Plainsville, O., laboratory equipment here and all patents and attending realtor conclaves and attended the trade names. | : The addition will become part trination meeting in the Hotel lof the Naugatuck Chemicals divi. Statler tomorrow. sion of U. 8. Rubber, chase price was announced. © With the sale, Martin termi- banquet. His wife will entertain! thers all interests not directly with the manufacture of
special weapons and port, state
y
Bulls amply fed.
Rubber Co.|
, Including
No pur-| Mr. Savage will also help en-
Public housing advocates, championed by Leon Keyserling, President Truman's close adviser, say housing is anemic and needs low - cost federal transfusions. ’ or . eT — More than already prescribed. Realtors and’ allied groups, The 1949 construction recérd is meeting “socially” in Washington
But it's no indi- reek Cow Cation that future “need” will be this week, are set to apply more red paint to the tag.
More than 450 real estate board leaders will be inoculated with the National Asseclation’of Real Estate Board serum combatting rent controls, direct : |lending by the government, more. public housing, special tax privie leges' for public housing, uneme ployment tax on commission
salesmen and executive wap powers.
Mr. Keyserling stressed the need for greater- housing goals in
help private builders meet this
Ralph H. Clements, editor and business manager of a real estate land building trade . publication, tagged Mr Keyserling'$® "talk “socialistic stardust.” “
|
Beef and Policy
The state and local leaders win tramp Washington hustings for 'w.
BALTIMORE, Md., Jan. 7 — week lobbying for national policies. The United States | poe’a stretched its activities further Into stones of the NAREB planks,
Priyate ownership of property and free enterprise are the keye RED J , Songreannen will be fed these planks ans a e NAREB banquet W nesday. Indianapolis realtors will have 3 . :
a top man carrying their pore) Paul L. McCofd of the Urban lo —Bruce Savage, new IREB| Land Institute board of governors ‘ chie . will join Mr. Savage und Mr. Mar He'll be in Washington all week tin Jo the NAREB sessions. He Vali
Ear
the along with beet
{especially the President's indoc-
board of directors ! tertain state legislators at the Society of Industrial
Congressmen's wives’ at the state] T." Lorin table. C. of 8 A the hoard of at the state table; "i: g(Continued