Indianapolis Times, Indianapolis, Marion County, 13 May 1951 — Page 45

. SUNDAY, MAY 13, 1951

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THE INDIANAPOLIS TIMES

PAGE 45

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i Decli Million in Rental Units ° S : aramount Income — REMODELING — This Small House Has 8 Closets Stocks Decline $10 Million in Rental Units PU5mo0m S00 or || at too o cate ver \T : 7 T BR R : d H by F Il Paramount Pictures Corp. today | ® Complete Insdlation + Sill § / 4 Ln ny : » . reported first quarter consolidated | ® Guitern Downspouts © Ga h: i #5 Ee a ax \ i "nr In Sellin Wave oO e ea Y ere Y a net income of $1,411,000 or 61 | ® Porches. Enclosures © Plumbisg | por A SAY Continued From Page 43. lapolis Real ‘Estate Board. “Ir cents a share, compared with SPIVEY BROS, "core le of > - pi Ne : : : imilitary peisonacl and tieir .ami='3,500 rental properties in wide $1,441,000 or 45 cents-,a share} “0 '0 Thy 0 a hard- / Sais ¥ By ELMER C. WALZER ies, with space for 137 trailers. price range were made available earned in the initial 1950 months. « WASH, 81. & your q a NE Bree Fea lt tocka: With good - buflding weather here there would be no housing SE — EE sed ! turned down this week after an following BIate SRing. Builders shortage.” he said. : Strength—Insulation—Safety ::: Fa attempt at rallying early in the | . ’ : “Fred Beyer pointed out that (was ating wask. hankering Hoosiers. Private in-'gyailable units, with rent. above Style—Color—and Low Costin = n The selling began in earnest dustry-can-do the job—it always the -gverage-for -this-area-due-to MODERN MASONRY ve when General Motors Corp. re- has. It can do it cheaper if credit high construction costs will be = orted for the first quarter that restrictions are slackened, ‘they taken by people able to afford Y p , od Ach oa despit said th Wo / ed h ou can bu an all masonry nt one its earnings ha eclined despite S310. . em, making lower-priced units home wi a sharp rise in sales. High taxes They cited as bogeymen of available. He said: “That actually er th th BRIKCRETE Sheaps did the trick. Work on a new building government confusion makes available units in all price | : an you can bulld a frame ., d tax bill progressed which would and Hiesterense credit limits, ranges up and down the line.” % Mgnt home painted once. a ! § struction curtailments, rent Here's what builders and real- : : $. hit corporations still harder. cons 1 1 - In the last few minutes of the SontreL 4 v n tors said in a spot checkup by The INDIANAPOLIS ‘BRIKCRETE | Friday session, selling picked up u ers vehemently agreed Times: : y to the heaviest of the week. Peo- they want no gifts from the gov- . gjpert,. E. Thompson, realtor 1900 S. Tibbs Ave.. BUILDING & SUPPLY, INC. ‘BE-347Y ple In some instances were throw- ernment. like public housing. _ - and’ builder “Give the private — I ——— — ing stock on the market for what' They doubted if greater impefus yy jider fair financing and he can Jo. § it.would bring. " would be given to building here 4, our housing job and better by 3760 : Wall Street had difficulty inter- this year if Indianapolis were 1, £1000 and up cheaper per i preting the situation on the war. declared a defense area and con- hit than the government. He i t. Britain's action in cutting off trols were lessened for private jon pothered with red tape.” HT 1 rubber supplies to Communist builders. Defense projects take Fred C. Tucker 8 It od : er Bs China and the United States’ long planning, with government Saha Sa BT i yen or an % is pressure to cut off all shipments supervision, they said. ory ie 2 ane ng a . d of goods led some to believe a The $10. million rental prof- P Ny Ay Dye or eaqs, : Square Design Avoids new peace move might be in the ects and others previously com- Al ee I ES EE offing, but there was no indica- pleted mean homes for hundreds I r : ; : Cracker-Box Look BEDROOM BITCHEN tion of that or any other definite of families. Names on shiny new Jed Ramp them With houses if ae THE LITTLE HO je “e LO change in the war effort. mailboxes, new customer lists of aws were changed to allow loans be . .E HOME for thi 9.6 X I7-0 “an up to 90 per cent of appraised th week is almost square and if it X16-3 While the averages showed sub- milk man and paper boy say value pprals the were not for excellent design and i stantial declines, there were many many have heen marked off long 4 Cn ary a Int of little extras the architent man [rer] individual strong spots in the waiting rental lists. Junior has John Bauer, ABC Construction Prompt me has included. it would look a lot market, reflecting selective buy- joined the neighborhood Boy COTP. ‘The FHA proposes ; tf ’ like one of the houses we see all ing. Scout troop. Little sister is be- Stricter credit than most builders Delivery 87 in a vow that look like cracker — Lec i ginning to be invited to birthday Want. Rifecting eonsisustion of 08 : ies 8 onsequently affectMe boxes. ture parties. rentals and c q ) Order lg. }y However, this little house is Lawyer to yp People have been patient in Ing fle ii effort and factory : ye not like that. their hunt for homes, according employment. Now If we look it over carefully, To Realtors C ass to local moving men. “They've : LOWEST

WN and arrangement. the low roof Anorney Praneis M es and vice president, Aero May- Corp. climbed to $636:197 in the free Estimate — Easy Terms — Materials Cnly or Erected and snug lines, and the exterior will lecture on “Law for the flower Transit Co. said. Visit America's Finest Display of Fences and Ornamental Iron chimney, all make for a very at- § Af DAQOM Estate Man” and Local! “Iocal and long-distance mov- Ars) quarter of this year from nh ’ pay , r al Ir tractive outside appearance. Ordinances nd RA © -'ing has been tremendously heavy $472,384 a year ago, and its vol-| or Call for Prices or Salesman. $$ 2 a ',. ae State an ational Legislation.” ¢in.a 1ast fall,” Mr. Smith said. ume of loans and discounts ac- East of 38 THE INTERIOR has more con- 10-6 X 11:0 The class will be held from 7 to : | Call TA-2434 Fairgrounds 1701 E. th St. ’ Complain of High Rent quired was up 32 per cent, the veniences than many homes much p. m. tomorrow in the Antlers : [ . STATE-WIDE SERVICE 2421 larger. Take closets, for instance. hotel People haven't complained company's report to stockhalgers = mom There are eight on the first floor. K. V. Ammerman, retired prin- about living far from work, civic 3pq4 employees revealed today. — spec For a home only 32 feet by ap- cipal of Broad Ripple High School leaders say. They accept the fact ee — proximately 28 feet, that is a lot who ig now a realtor, will be the that available city lots are scatof closets. It has a separate vesti- moderator. tered. bule for protection from cold and On May 21, one week from to- But renters complained rents dirt. The living room is large morrow, “Robert L. Mason, con- aren’t easy enough on the average = De and boasts a natural fireplace tractor and realtor. will tell about family pocketbook. re and a picture window. The average weekly family in- -

we can see the difference. The exterior could be of wood or cinder block. The porch. builtin flower box, trellis, window size

The two bedrooms have large wardrobe type closets with sliding doors to save space. The bath is

between and very convenient to,

other parts of the house as well and there is a hall closet and a linen closet in the bath. n = s THE KITCHEN and breakfast nook are very compact; yet that area boasts three windows for

LIVING ROOM

|

Real estate law will be the subject at this week's educational class sponsored by the Indianapolis Real Estate Board.

7°6" X 18-6"

“Construction and Building.” The

LOO Dh

lots of light and three more clos-

ets. The service entrance is on the side, and the stairs leading to the full basement lead off from this entrance. There is room down

moderator will be B. W. Duck, Jr, vice president and secretary of The Spann Co., who is chairman of the Education Committee of the Indianapolis Real = Estate Board. Question.- and - answer periods follow the lectures ‘at these Monday night classes.

PLAN. s

venient living packed into a small space in this home, and the cost of construction per square foot should be low.

’ Do You Like This House?

been patriotic in the preparedness

movement,” John Sloan Smith)

president, Hogin Transfer and

Storage Co. and general manager -

come in Metropolitan Indianapolis is around $77—in many families, less. Figuring on one week's salary for rent, families say they can't swing current rents.

Family incomes are 10 per cent higher than a year ago, it's esti-|

mated, but prices are higher and houses are hard to find with the

city population increasing 1.7 per|

cent in the last year and 11 per

Corporation's Income Up

LOS ANGELES, May 12 (UP)

Net income of Pacific Finance

LOWEST PRICES Visit America’s finest display of fences and iron work, Display Room 2110 N. Meridian

PRICES

Lawn Fence, All Types Omamental Lamp & Mail Boxes

fron Porch Rail and Columns

STOP

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Fill in this form, inclose check or money order (no cash, Financing Is Key a os sion HARDWOOD FLOORS There is a lot of mighty con- ,lea50) payable to Scale Model Home Planning Depart- Wd immediate De nl: ORNAMENTAL IRON WORK “LAID AND- FINISHED ment, and mail to The Indignapolis Times, Indianapolis 9. financing for houses to rent from po Fite, Eabimate—tary Terms LASTS ° - a ies ee —— - i eee ea He i eee, ee e-Wide En ng co | Building plans and specifications; fist set..$5.00 How Many? $28:8100.9 Sponlh furnished aid "BR, SEIT Tr Sves Wimbvep | oe BEAUTIFIES- ms nak OLD FLOORS MADE LIKE : a ATT NEW | Additional sets on same order, each for.... 2.50 cers ensesey Re ii chairman, Provery — « — PROTECTS POROUS MASONRY PERSONAL ATTENTION The Portfolio of Sixty Small Homes........ 1.00 er rrneesseee RE “BULLIN CABINETS —=1 ROTO-ETTE MODEL T COSTS LESS TOTAL INCLOSED (Small H No. 141)..... divirnsenser] ” Sout } GIVEN EVERY JOB | JForp v. woobps & soN 2 ma Ee fed (I Jordan Bros.:333 W. Wash.LI. 4685 Bovesva COMPLETELY SATISFIES : Th Moy Jk | Select Romer Lightin | AHLBRAND in WOOD Sen HOLDS WATER PRESSURE \ QUIPPED SHOP | om ghting [Address L..oeeeeinneninneneenniinen sinenneneenneeneneeeee BMYoungsiown & American in Steel y : { xrures City ...... PE TR cesses { Immediat dC tefe Installati & Sal i * . | CARL JOHNSON - Soe ten ooo wy SPICKELMIER CO. ! Over 40 Years Service EVENIN FREE—| for your free illustrated a 4902 NORWALDO, BR. 8525 | in Indianapolis LUMSER one TRA MGIR4108 a} LA 1100 E. 52ND ST. BR. 2424 1 IEF US Site pgaretumicgy. MAAS INA -————— — ——— ~~, | 3150S, Lookburn faz, || 105 S. DENNY ST. IR. 1192 ”: | we SCUUTH MERIDIAN ST LL for the Kitch R i h ! pe pi i | YOUR CABINETS BUILT — " L [AER ILE] ae nodeln SU EH + it THE HOUSE OF THE YEAR FORD WooDs$ HOUSE Jd (X30 -E LP RI. LY: 3L Te You vd furnished by 236 E. New York St. Steel Kitchen cabinets vw built and installed exen on. & Fri. Eve. Ti actly as you wan Featured on Page 44 PINNELL LUMBER (0. BEA F Ey ig | them. Phone for ph 5201 Winthrop Ave. BUILD YOUR OWN a aE Ln | 2 BEDROOM : 2 7570 North Meridian Street TET an ramet Se sooty, ios, | SRR ; plaster, lath and mill work ; — ——— RAUP TILE AND UNDAY ONLY 9AM 106P.M , : CABINET CO. | Aromatic Red Cedor Complete selection” of OPEN 5 r oh oh} WALLPAPER | 2451 N. MERIDIAN HI-8998 } (o"lole "sl Felt! ki 4 dried, welt mgDesigned by Oscar J. Pool, A.LA. in the | fot aed dreven. me it BUILT BY FORD V. WOODS 2 sq.on... 3976 Pr go House Lin. Ft..... FORD WOODS and SON, INC. TH Plans or Consultation Services. ; 7510 N. Meridian St. Construction Loans for Labo. J 0 Labor. FOR SALE BY ERRY BROTHERS Contractors recommended. FORD WooDS & COMP ANY SEER BROS. PAINT CO. | For Building & Remodeling Problems 1 28 E. Marylond—Downtown BUILDERS LUMBER (0. DN | § : Realtors 5633 E. Washington—In Irvington 1560 Mass. Ave. IM-5558 3.TAB SHINGLES ron i i ; _—— Fire - resistant mineral ® ° ° Mixed ‘ % § 605 UNION TITLE BLDG. MA. 7528 cored ght hn Everything for Building sini ¥ ! e———————————————— . —— . beautiful colors. 210- ———— $Mol| jobs. Just add Ib. . SE oie nd mis. Four- | i io Pe . dB NYE Ju tPA A mune. $250 Remodeling 2 Repairing oo $[15 § i proeren 0 -_— : ; % > i BURNET-BINFORD LUMBER CO. Yes, top value and top quality plus speedy, 1401 W. 301th. St. TAlbot 3315 dependable service . .. an unbeatable comA —————— " bination. Headquarters for . .. { Low-Cost, Lifetime Property i Give Mother Potted Roses HO con EN SERVANE KITCHEN CABINETS J . . a arial Oniz or Complete Erection This is a Scarce item. Re-styl with Hillsdale Fine Potted Roses Are RI-4275—126 Russell Ave. | YpYoiald screens NuDa PAINTS AND ENAMELS So oy N R Nights and Sunday. TA Ibet 6503 hoy 0st Vici, : Paneling. Tongue and ow Ready to Plant ee, JOHNS-MANVILLE PRODUCTS grooved. for seta of sq. ft. OR an . Sram N= Ee alfion Bor Ee . : 2-year ' oe . field grown. Bevil Ceiling Tile 100 ft. All-American Selection an Other § x Wall PI IP NO New Varieties 7 3 ank a, lt Capistrano, Mission Bells, Sut ve CHESLER DOOR HARDWARE tore F=Mirandy-—T oa-eti Ell YS Bre st posses as bain iin etn ates ini ee j Thomas, Golden A A eo surf é ‘LONE STAR CEMENT nes : orker. el], / NOTICE THE KITCHEN when you visit the new Hillsdale Selection of Climbing Roses ROOF COATING : Ford Woods House at 7570 No. Meridian St. fea- Boa i Saris Loud. Asbuney Cons: ASK ABOUT OUR BUDGET PLAN Interior; and exterior ' Ne Climbing Peace, and 15 oth r Druch. = ’ tured on page 44. It's a modem ny fe a on lh em stop. od EHA FINANCING on your Home = {oa iesvek Atte w ? orb Roves of Fie Suchen gle. Repairs and Improvements frm, $1940 OUCH LO a fon, Geranium Red, Goldilock, gallon .... 85¢ Each 12 up ; ain Vl ol » i Sg i Sreb prices are effective only while present supply lasts. ———— sdale Distinctive Flowering Trees an ubs : : ) Magnoliaa Pink and Red and White Fiaanse Cherries. Pink sand White First come—first served! Cortifiod You, too, can enjoy an American Kitchen $1 251% Flowering Pagwand. Pink and pYhite ain Crab, Pink, Red and White in your home for as little as . Monthly DRIVE OUT TODAY AND SEE THE FLOWERING CRABS, Phone FR. 1343 QUALITY *Uninstalled. Prices and Specifieations subject to change withont notice. TULIPS AND LILAC IN BLOOM IN OUR GARDENS. ” See Your Nearest American Dealer Hillsdale Landscape Co. | ; ; Nie Nursery ';, Mile South of Castleton on State Road 100— Immediate. Installation ; ributed by Follow the Road Markers—They Lead to Indiana’s Finest _ GRIFFITH DIST, CORP.—321 W. MARYLAND ST.—IM. 8381 'Nursery—Phone BR. 5495. - 3929 W. Washington ; ; ; OPEN SEVEN DAYS A WEEK Phone CY. 0481