Indianapolis Times, Indianapolis, Marion County, 2 April 1950 — Page 41

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ET ———

“The Week in Toro

‘Mr. B. Bounces To Home Stretch &t

Sales Figures Are Down a “Shade, but He's Got 6 Days Left

By HAROLD H. HARTLEY, Times Business Editor © - THE EASTER BUNNY bounced around the week-end turn on twa skidding paws, like a scared rabbit. And he i) ) bh little. His sales figures are down by a whisker. Tomorrow he'll straighten out for a fur fattening | sprint down the home stretch, just six shopping days from

the hop into his green straw nest among the candy eggs. The real $64 question in the

week after he hits the nest. East. even the swank

_ will be a “hollow spot” in Apri [Just for Easter. She wears it long-| buying, that's the big question er While the women who pays locked up in the calendar. |$16.95 for a dress may buy fit Basement stores are doing well. [Pretty much for that. day, an They're more sensitive to Easter, Sunday wear later. more geared to seasons. Cosmetic sales were stuck in Apparel hasp’t been up to snuff, their own mud packs. It was hard lagging a lJiftle, but’ shoes, for to guess why, unless women’ are some reason, are getting a strong Waiting for Congress ‘to drop the play, The same goes for acces- excise tax into the ‘waste basket. | soriés, those movelty pins, belt! Coats were off a little, and| buckles and other touch-ups for candy won't prove until late this a basic dress. week, Caden Middle and lower priced goods and the on eg

A /’ Appice, S$ Boom- Boom ers, /are still drawing customers

like magnets, The stores Jay the’ bobmlet, still far under the dizzy » figures of the first post iar fe to the distribution of veterans’ insurance refunds... .. .. chm i - But booming Hi to be no bottom : Demand 18

facturers. { The Chrysler strike still had Out at RCA the. etiployess t tell| production “by the seat of the neighbors oyér the back fence Pants and both the company and that RE 300 are dropping union were tossing- “Tain’t so's” off the The heavy pull locally is ex-/on long enough that it is getting .pected._to. come. when the. micro. Serious. .. Something ought. to wave towers bring in live pro-| break before long. Workers get grams from Dayton.. They're hungry for bread, dealers get ~/sché@uled for operation next Oc-|{hungry for cars. tober. All in all, last week dollars But Western Electric installers were ‘dancing from pocket to " walked off the job. because they, pocket with the full zest of had , to wade through muddy/spring. fields to get to work in northern| Business in the Hoosier state Indiana. So -far the towers be- was good, and looked as if it _ tween here and Dayton are go-|might get better as page after

Stores 1é What Will happen 1h that moved: Tally: sell st TSE Week. And dress shops got er is a little ahead of last year.|3 Whirk ‘But the woman who buys|: private enterprise can do the And ‘whether or not that week ® $79 dress, often doesn't buy it job, given time.

l.~ oC wa nd! Ww. 38th Sr

n’'s wear was ffir! oes for men's suits.

electric work-save

oduction line each day. back and forth. But is has gone

5 a “SUNDAY, APRIL 2, 1950 ane

“Does ‘Social Blight'="Sick Housing?

ks i the “sick” Bud ; lic Housing Authority says it is. A contends poor

| { 1 | { {

ng it heaviest cases How a | rotten the core is the crux of the verbal battle between ad- | Jogste: and foes of public hous- : 2 the IPHA view, Many contend » = & / >

MORRIS ST:

MIL

ing up on time. ipage falls from kitchen Sala The workers are reported on a dars.

TWO-WAY PICTURE WINDOW . the ever-changing picfure outside the big ‘plate glass, snows, blossoms* and brilliant autumn foliage. But Libby-Owens-Ford péints out that the picture looking into the house can be something, too, as above.

. They usually talk about

There's quite a stir down Washing-| Insurance Pay-off companies not doing enough at the income tax window. They're willing to do better. The government itself had a hand

in the present system, so who's to blame?

money-catcher has rung up- $257. 073 since last July 1.

panies are dropping plenty in the] state's tax kitty.

The 150 companies with head-|

gross income tax. have brought in another $171,194. : And there are about 700 out-of- machine tape and they, total $5.-| Atate companies which . drop ‘a/718995 a full half million dollars| ‘pretty penny into -the state's tin- higher than last year, just for docup. {ing business in the good old Hoo-| : rom last July 1 to-date, they've sier State. paid $5,290,728 in premium taxes., That's a lot of money when you The fire insurance companies think it is all patroled by the pay a special tax on top of the | State Insurance Department with premium tax. And this little'a budget of less than $120,000.

Here's the whisker trade, and how it's changed in the 50-years fight with the straight edge. This year Gem will give away 5 million razors, just to get the blade trade.

Kingan's will have a meat-cutting party on WesdnesStraws day for teachers, farmers and clubwomen with men who know where ‘to cut, and how much, direct fromthe National Livestock and Meat Board of Chicago. It’s part of Industry-Education Day, an activity child of the " Indianapolis Chamber of Commerce with 32 firms holding open house. To date; there are 900 res-—— re ————— ervations, Clarence B. Kelland is coming’ ‘to town Apr. 19. He'll talk politics with ‘a Republican flavor. He's the author of those Mark Tidd stories you read as a boy, yarns in the Saturday Evening and endless and oh-how-delightful Post.

making a Holy pilgrimage to Rome, get living quarters before you go. They're scarce. ; SPENCER CURTISS, INC, landed the ad account of Baker Manufacturing Co., Springfield, 111, effective June 1. Spencer Curtiss also recently signed Thomas & Skinner Steel here on the home ; grounds. THERE ARE ONLY five more,” THE BOYS OUT at Internaweeks to sleep an hour longer.\tjonal Harvester get regular letThe last Sunday in April theiters from their big boss, John L. city’s clocks” will march -ahead! |McCaffrey. It's his way of keepan hour with a twist of the| ling them in the know. wrist for daylight saving time} Not a bad idea. Wrong inforand bring those long evenings to| mation,” washroom gossip, and work in the yard. - {twisted half-truths cause lots of AMERICAN OVERSEAS air- troubles, and wildcat strikes, lines is afraid the Jublie will get| MOVIE PEOPLE already know! the idea ocean hops to Europe who'll get next year's “Oscar.” are sold out. Frank Bodwell, pe tell you fast the biggest

cal manager, says there are still picture of 1950 will be “CinderStratocruises seats, but If you're! ella.”

_ Hear HAROLD HARTLEY with “The Human Side of Businese” on ‘WISH. ws Pp. m. today.

ton way about the big insurance by

realtor and builder and regional vice president of Opening Ceremony Committee of tial and active property salesmen

And there's lots of proof that the non- resident I insurance com- the 25th annual show announced ine inside of how to sell and how — [selection of the principal speaker, yesterday.

In addition the fees for agents, the Home Show board will _auarters here kick in through the company licenses and filing fees begin. sale. of. tickets. for. the ban.

uet next week, Put those figures on the adding announced.

buy?

strip lasi year's mark by 5 to 10 per cent.

lished last week, predicted volume in the first half of this year will be up 35 per cent over 1949’s corresponding period. And by the end of the year, private housing

be at least 10 per cent over the '49 mark,

building year ever.

of Real Estate Boards culled its

too. units worth $19 billion, the 1945 record. "

t Show Dinner

Fritz Burns, developer of mass-, roduced Panorama City in Los, Angeles, will speak at the opening ceremony dinner of the Indian-| apelis Home Show, Apr. 21. National = director and

compulsory to junior members.

be held In _ the Claypool!

His appearance was arranged from 7 to 9 p. m. Apr. 10. Albert E. Thompson, local,

NAHB.

to service sales in the

Eleven sponsoring organizations market. : Free Session

the committee

Real Esiate—

Housing Swamis Come Up

With Variety of Forecasts

‘General View, However, Is That 1950

Pace Will Continue to Be Good . By Times Real Estate Editor

REALTORS AND BUILDERS who decide their business future Ada Motiest- Priced Homes. with the flip of a dime need a three-sided coin today. Gra

For in the past week, real estate swamis have come up with:

: ONE: Residential construction will top the 1949 record to beat | [all records.”

TWO: Home building will equal last year’ s peak. THREE: This year will be the

{second “Highest £ONSLIUCLION.. year ceed 1949 if credit loosens con-| on’ record.

siderably.”

Which rand outidok do you! Mr.

Ell WW PRENTICE - HALL, Inc,,.

of a New York gave the most optimis-| (Continued on » Pa age 42—Col. 3) wanagement. b tic report.

“Phey skid construction will ‘outs

The firm’s business report, pub-|

—the biggest boom factor—will

This will make 1950 the best

THE NATIONAL “Association 50th real estate| market survey and predicted] that 1950 home building will at least equal the 1949 peak. Their new record forecast was sighted by 83 per cent of 470 cities checked. | This will mean another one million non-farm,

Mr. Wenzlick

: ” » r ROY WENZLICK, St. Louis - real estate analyst, told realtors and builders here 1950 will be the second highest building year. on the Books. He said it could “possibly ex-

Among current realty sales, ‘these two English style homes were sold to a bank employee and an Eli Lilly & Co. associate. .

Twelve topflight realtors and The mortgage brokers will give poten- active, junior and associate IREB Inn by Wednesday. The organization will ‘hold its Earl B. Teckemeyer and Hugh A. |annual parley June 2-3 in the state !park at Mitchell, but the hotel is

local. Junior members must attend rapidly filling up with vacation-

They'll speak from experience in two-hour sessions running for

Wenzlick pointed to his ao sawtooth charts, said records es{tablished in the first six months

. WASHING

~. I AE} FRETS Ly RARE

E SQUARE

NUMBER OF CASES ; - PER TRACT

Il 40-53 “E= 530-42) BR 420-31 B® 320 - 200

OUTSIDE OF CITY

Fo roo:

Workmen Have Three Weeks To Erect ‘Midwest’ House

By LARRY STILLERMAN, Times Real Estate Editor . FOUNDATIONS FOR the Indianapolis Home Show, als {ways in the making, will be “poured” tomorrow.

“{occupants, carpenters and brickmasons will turn on the heat for the state's biggest housing event of the year. Carriers, loaded with choice lumber and bricks, will funnel their materials into the, ™ They'll have three actione Manufacturers’ building and jammed weeks to whip up the workmen will mold the super- | most exciting shelter drama ‘of

he year. structure of the Silver Anni- y versary exposition.

300 to Attend

100,00 Expected The shbw, expected to attract more than 100,000 home-hungry oosiers from every urban pock= et in the state, will ppen Apr. 21 . and run for a week at the Faire grounds.

sdoRealtors—amda—alited - INAUSFY tar for quickset molding of the - |

-Drawn from a photostat by J. VMugh O'Donnell, Times Staff Artist

Bur to Talk Real Estate Board Plans 6-Week Training Course

Opening Session for 1950's 12 Spring, Fall Series Scheduled Here for Apr. 10

| The Indianapolis Real Estate Board scrubbed its educational)

pas president of the National Associa- Slate clean yesterday. ition of Home Builders, Mr. Burns |will speak on free enterprise in!/COUrse the housing industry. The dinner] [will |Hotel.

It dusted off realty “textbooks” for its six-week spring training open to active, associate and non-members of IREB and away, members of the Indiana Society of Architects were warned The opening session, first of 1950's 12 spring and fall series, yesterday to make reservations by

will be held in the Antlers-Hotel

a month-and-a-half day night. The sessions

every Mon-

will be free

members; Education Co-Chairmen Teeters said.

at least 75 per cent of the meetlings to be eligible for active board memberships, they said. not . IREB members will charged $10 for the series, the public will be assessed $15 for ithe same program.

Opens Next Week IREB President Bruce Savage {will open the sessions next week. |Mr. Teckemeyer will speak on “Real Estate as a Business.” Mr. “| Teeters will preside at the initial

] | meeting, ;

{© Other lectures: Apr. li—Arnold G

Davis, presiding, Subject: “How to aot Jisungs High-Price Prope by Willis

by Robert H and Commercial Property.” n J

“he me any wilh, A. Brenna 24—Ge

Apr 0 W) Dirks, presiding .. Subject: “How Se Lots," by C. 8 “ohm | Homes," by Joseph H Arg i ie by Guy H Willian is | | Ma T—=Wi am P. Jennings, presiding { ubiect Financing “Mortgages, Ly W. Van Brigg “Conditional Sates Contracts” ar ge LEASE” With Option to Purchase. ' by Robert “Al $~Wayne W. wnitfing, 3 ‘How ta Close the D

"by Firman C. Sims 15—Harris L ood, Presiding ect: “Fundamentals of Property by B, Duck Jt

1210 Shannon Ave. The Firman C. Sims Co. two

dwelling & at 1210 Shannon Ave. when Mr. and Mrs. Wallace W.

"Moulden picked up the keys

ISA Schedules Parley. June 2-3

4 Set Wednesday

With their meeting two months’

Wednesday. ISA Program Chairman W.

ists, he said.

In a form letter to members, Institut Mr. Ford requested notification of ‘NSiitute “Employees “or réafors who aréTprang to attend the outing should be also be sent him at 644 E. Maple while Rd. It is needed to help pis the

two-day program, he said.

Besides the annual banquet ang

{executive board and busi

meetings, ISA members will Nr visit stone quarry operations around Bedford, the program com-

mittee reported. - The

| faith,” inging the ISA meeting." recommended.

Reo Motors Reports $1.9 Million Net Loss:

mes Special!

Reservation Deadline

.—+Ford urged associates to make to room reservations at Spring Mill

rommittee urged reserva-, tions to the state park hotel in-| clude a $5 check to show “good “Mention you are attendthey

y Semi

| vey Rogers and his aids lay

{ing's concrete floor, carpenters | Taobay Meeting | will size up joists, cut stud heights’ - Opens Here Friday [ong leads.

| _ Brickmasons. will -whip-up-mors-

businessmen will receive yet an- foundation “other dose of spring redlty toni ‘man’s m this week: FAR RETIN oF - estate outlook will be administered! joists, ; by the American Institute of Real|" ‘Mr. Rogers, Estate Appraisers here Friday and of the Meridian Saturday: v | Hall-Hottel The two-day seminar on current; . valuation problems will draw more| E {than 300 realtors and appraisers! i from--five-states—and- ontario; Canada. i | ‘The Indianapolis conference, | {part of a nationwide program, will {be the third regional parley sched-! {uled among eight this year by the Institute. It will be held in the [Hotel Lincoln. a | 5 Hoosier Speakers | Five speakers will add a Hoosier flavor to the Institute's tonic. Aniong realty experts who will, edges and along discuss current trends, Dean Ar-/the mall leading to the model thur M. Weimer, professor of real house in the opening days of conestate in Indiana University’s struction. school of business, will rub graphs| Mr. Loonsten will also masterand charts for “The Economic mind floral and shrubbery . disOutlook for Real Estate.” Other Hoosiers will be Ross M. Hutchimson of race rimming the house. Cambridge City who will speak at|

for Hugh Brenterhous

affiliate, will also -see that sand ‘and moist Indiana brown

fis rolled around the outer rim of

Landscape architect Frits Loonsten and aids are expected to work Around the

Mr. Stillerman

By T-a. m:; While most Hoosier homes are warming up

general manager, Construction Co,

| plays shielding exposition booths participating on the main floor and on the ter--

Mr. Rogers, who is working his ; the opening afternoon session on, first Home Show, said his tenta“Appraisal of Farms,” and Paul tive schedule called for framing

White Building Supervisor Hare

IT the Toundation on the bulld-

atid BIATK i

Starrett of Klein & Kulin, whose|the blue ribbon home through

{topic Saturday morning will be|Apr. 7. | aa to Estimate Depreciation.”| “We George Wheldon of Indian-| essary, sald. “By apolis and Hamilton W. Hunter electrical and interior wor {of Ft, Wayne will participate on start.”

3 Ihe panel probing social, economic Nasa government trends affecting| Dry wall i Jo

”

be a panel member. | Friday Banquet Set { The IU dean will share .the of cabinets, speaker's rostrum at the Friday, work. banquet with Walter R. Kuehnle,| /Chicago ‘appraisal expert. Mr, must be done by Apr. 18. That's

“| Interests.” |scheduled to Ohias Illinois’ and Michigan will house. discuss residential, farm, indus- Also by that date, Mr. Loontrial and commercial property sten and the eight garden clubs valuations in addresses and on the must be up to the “Mid-West” Saturday panel. (house with their native trees, The sessions will be conducted lawn, rock ledges, fruit and vege by Robert L. Free of Cleveland, table plots and flowers, vice president. | The result by Apr. 21: The Sil. 0sts to the. . delegates. from.ver Anniversary .. Home. Show... Illinois, Indiana, Michigan, Ken- Hoosler housing’s masterpiece.

{tucky, Ohio and Canada will be i — Bar ‘Association Sets

the Indianapolis Real Estate Real Estate Seminar

Board and the local branch of the Society of Residential Appraisers. Lawyers and realtors will get the inside on real estate titles

Teckemeyer Heads the 1ndide For Talk Trek | The Indianapolis Bar Associa.

Earl B. Teckemeyer, Indiana's réal estate “evangelist,” is heading out on the knife-and-fork circuit again. The affable secretary-treasur-er of Schmid &. Smith, Ihe, will make another of his more than The open meeting will start at 1300 talks before realty and serv- 4 p, th. Harold W. Jones, chair!man..of the seminar, announced -- yesterday.

the World War Memorial Apr. 5 Two real estate law specialists here, Herman Kothe and Robert B. Coleman, will conduct the twohour. session.

‘Teckemeyer will address

Clean up and final painting

Kuehnle - will discuss “Appraisal When Interior Decorator Louis of and Outlook for Leasehold Rainier and Harry Lindsteadt are swirl their monoOther Institute members from chromatic theme throughout the

tion will sponsor a seminar on - “Pitfalls in Real Estate Titles” in

rT Ty Sunday. 2 pace on,

a estate. Dean Weimer will also/uled for completion by yhoo 12 and for the next three days, interior trim work and installation will be the main

LANSING. Mieh,—Apr: 1 Reo, oy Westfield Lions Club on Motors, Inc., manufacturers of “Formula for Success” Thursday. Willy-Overland Con triicks school buses, "transit: --In--recent -rostrom excursions,

coaches and lawn mowers,

tor the vear ended Dec. 31.

Net sales for the yest totaled son, Wis.) in the Lincoln ‘Hotel

$23,242,960.

from Arthur F. Austin.

Mooney - Mueller = Ward Co.,

while Mr. Moulden is employed

by the South Side pharmaceuti~

has he spoke before the Midwest conBeal by reported a net loss of 1968316 ference of ‘the Farmers Mutual

Two Home Buyers Choose: English Style le Residences ir in’ “Sales Here

TOLEDO, or pa 1—S8ubstantial price reductions for leading models in the new 1950 WillysOverlam line were announced to-

Automobile Insurance Co. (Madi-

_ jnere Friday.

804 N. Audubon Rd.

cal and medical research firm. Her residence was purchased Included in his Februa transactions, Carl Seytter handled the sale of 804 N. Audubon Rd. for Mrs, Irene Burgess.

> t

Schwier. Mr. Schivier * ind ages the transit de; the American National Bank,

‘