Indianapolis Times, Indianapolis, Marion County, 29 July 1951 — Page 37
Jan one purpose, ads and sauces woking. Add a
orite
nent ar is apt to be 1 others. : rar, not so much of vinegar, is an That is, it is a distilled and fervegars especially fog salads made eggs or fish,
teps irself many steps if you arrange a shelf just over achine, A cover noleum or washs will aid you in ndy shelf clean f soap or de-
ressing salads, here's a for hard-cooked cup sour cream e-half cup real -fourth cup each er and chopped , little salt and
TTY
‘
E. Reg- $ 89.50
y $119.95 T. Reg-' $169.50
“HAIRS. $19.50
=
3 ®
Section Four
| Real Estate
Business’ . +... sassansss3l38 Small House Plan. ........ 39. Classified .......... 25, 40-52
Times
= . PAGE 37
~The Indianapolis
: SUNDAY, JULY 29, 1951
The Week
It's a
‘Breather’ Not a Slowdown i The Greatest
in Business—
s of New Residents ration Since War Era
City Pulls Thousan Mi
* ¥ ¥ ¢ ¥
: ~ By Harold Hartley hu PEOPLE BEGAN TO BUY a little last week, but not, gs everything. They were selective.
they had just about given up. but on the downside. |
You can pick a spot here, or Please Quote
there, and prove almost any-
. thing. But add up all the figures, | o, nuch? .
and there is no mistake about it.
The slowup’s there. : {luncheon clubs, otf even on the It's strange. This isn't a hair- floor of the U. S. Senate, where Merchants 100K do they get their stuff?
tearing slowup. on it as a breather, a rest period,
before the up-pull comes in the neighbor Maxwell
fall, 3 ~ » »
five big Indianapolis banks. And
{ up to the middle of July they marks, along with stories, from were still $12 million down. Theninow and forever back, which 1 | came a two-week see-saw up $2| might provide the exact punch- [aNnsac 01S g
million, and down $2 million.
Business men old enough to] have voted in half a dozen presiweren't
dential elections,
expect. » ” =
IN SPITE OF the fact that the
country has plenty of goods, they N. Pennsylvania goes through expected defense pump priming to thousands of publications. They keep the ball rolling, the moOD€Yican scan a page with practiced gushing. And Congress was stay-|eye, scissor-snatch the anecdote ington Blvd. ing up all night, at work, t00, 10) or the sharp timely quote. :
from going over the dam.
try to keep the value a the dollar] The farmer is the white-
memories still clear on what happened in 1948 were keeping
the nation. They were careful
sr too not to squeeze the farmer 10( Quote.”
much in controls, a basic error. | = » » {
UNLESS FOOD is controlled ati, =o. 04h for his stuff.
the source, how can the cost of living be controlled? But they were sensitive to the buying end, wages. They weren't] biting the hand that runs the production line. controls were gentle, no twisting] of labor's voting arm. { Those are the two big hlocs, labor and the farmer. They will be taken care of. And where does that leave business, the prime producer of wealth? ” » »
IN THE MIDDLE. To see that| {he mass voters have what they believe they deserve, the government must take another cut at the business pocketbook. And! how does business continue to roll up profits in spite of taxes? That's inflation. They still re-| cord profits in dollars. And per-| centages reckoned in dollars sound good, until you write-off the shrinkage in buying power, then profits may lose their luster.
” » » | AHEAD LIES MORE inflation, higher prices—edging up and]
higher wages. Expect this through next year. And by that time, un-| less the government can keep! “emergency” thinking alive, we may have to pay the piper, a day, now long put off.
Skip a Year HOW GOOD is retailing? Not quite where it was last! year. But merchants are realistic. They are looking more closely at 1949's figures than those of
1950.
The reason is that they Bad.jeiyior or tie NPA
department bulges after the Korean War started. Sheets and| shirts, hose, appliances and tires bounced up as much as 300 per cent in some stores. | And one merchant told me, “Those figures are so far out of line, they don’t impress us any more.
We're trying to find a reasonable norm, and shoot at that.” » » “ INVENTORIES are thinning
out... But behind the retail line,
back, on the factory and distribu-| py e0e gtudents, the
a $ 18 ile-up in . tor ‘levels there is a P P "breaking of swimming and run-lers: J. Harry Miles Jr. Indian-
some lines. Notably, one of the things men were grabbing last year.” White shirts. : Retailers are doing all right. But some want inventories a little lower. They have to make room for the fall stuff coming in. » » » AND THEY WOULD like to convert some of their goods to bucks to pay for the fall stuff coming in. That's the little fellows. Don’t look for the bottom to drop out. It's still plenty solid. And merchants are betting prices will go higher. So am I.
One-a-Day Brand ' | HAD LUNCH with Walter Teer, the Royal typewriter man, a few days ago, and he sald he was rounding out 30 years of gelling Royals. : And in those 30 years he, personally, has averaged the sale of one typewriter a day. I know
he sold two one day, to me. I
They don't tire. » » * WALTER'S MOVING his Royal agency from the Chamber of Commerce building. On Aug. 7 he will move his building quarters
like them.
to the Indiana Bearings building| ang reply, at 817 N. Capitol where he Will nymmy.” have two and a half times the . x
space. When I reflect on
got on top, I think back ofia day, Walter Teer's 30 years, when he Henry’s on the form sheets, with started out carrying a “writing the hope that the government will
‘runs one of the str t busi- | nesses in the aE angest bust MODERN COVERED WAGONS—They mean new homes, new faces.
YOU COULD see the trend in| "Quotes,” contemporary wisdom
bank clearings. In June they were as it drips weekly from the lips, 1 X $12 million under last year in the of the great and near-great. 0 | p IS S Eight slick pages of slick re-
(line, get a point over.
MAXWELL DROKE sells dis- “Quote” to half the U. S. Senate, or aS s pe counting politics. They had seen radio commentators, comedians the “Deal” governments operate! TV producers and writers, news-
* for 20 years. They knew what 10 paper men, public speakers, al- most a half million dollars were
i (name is Sullivan, is a student of haired boy. Officeholders with humor, He's a “Quote” subscriber i Guilford Ave. {bubbles over (by letter) about it.|
{In it he finds source material He feed ; p hands off the hands which {may polish up a story, but a lot Rural
jon his mailing list, many names Pressures on wage you'd recognize.
| THE BOYS WHO make the , canasta trays are beginning to! a gs IC p
how Royal Bill's office at the rate of 25 to 30
Estimate 500 Families Per Week Since April
The covered wagons are rolling into Indianapolis again —and in numbers never seen before. Much as they did a century ago, families with all their household goods-are rumbling across the Midwest plains And they're £3
Autos did better when! Retailing was coasting along,
HOW DO RADIO people know!
And those speechmakers at into Indi Ii nto Indianapolis.
coming to stay. along everything but the kitchen Instead of the old oaken sink," said Mr, Stuart. “But tohaunched. white bonneted wag- day, they are only bringing items ons. these modern day “settlers” which are worth bringing. They arrive in sleek, powerful, stain- are leaving behind old lawn less steel moving vans. mowers, unused furniture—things All across the nation the great- Which they can get along without, est migration since the war is on, Or can easily replace.” But here it has intensified. The dining room set and the “We're moving about 200 fam- grand piano are almost as extinct ilies per week into Marion Coun- as the Dodo, movers say. ty,” observed Don Kenworthy,| These items are particularly vice president of the Aero May- scarce among young married colle flower Transit Co., the nation’s|ples who are starting out today f second largest movers. with only kitchen, bedroom and L C t 1 NEW YORK, July 28--The ag- This firm reports its business|living room furniture. ow OS omes gregate value of building permits volume up 53 per cent over a year “We're getting many: old cuse issued in 215 of the nation's lead-|ago, as compared to the natiorfal tomers back again,” said Mr. Stu ing cities fell well below last year average increase of 17 per cent.'art. “People we moved out to in both June and the first half of California only a fesww months ago
I can tell you. From our tow 2 Droke, who ai
NEW NEIGHBOR—Marion County gets 600 to 700 weekly.
The Little Co U.S. Building The Public Begs Permits Drop
By United Press
» » ”
Thirty-one sales totaling al-
Capacity Business
| most everyone who has to sparkle . y land make it pay p reported the past week by the By Don Teverbaugh this year, according to Dun & are coming back to Indianapolis.” J. Associated North Side Realtors.! . a dat . “And we are operating at full} His staff at Droke Hous 1014! Times Real Estate Editor Bradstreet, Inc. Dist t bout 1000 €, The sales: { y TIGL T° > r ‘ Com ., capacitv—have been since April,” stance vans travel abou 2 B : 11 THEY USED TO SAY what this country necdc. was a’ The June total, the cred.tiy. wenworthv added * ‘miles in four days, depending cvans-Bromert Co. — 1 agency revealed today, dropped to y .acced, upon terrain and conditions. The
Usually Ss sually, the summer months floods have delayed many ship-
i five cent cigar, but that's all changed. good c g t that's 1anged $385 million from $568 million in taper off for the movers, who ments recently, necessitating long
What it needs now, the public says, is good low cost the corresponding 1950 month and 2 reach their peak period during detour
This demand was proved right here in Marion Was the fifth successive month 10 gion her and October County last Sunday ; i » show a decline from the same Marion Stuart, president of the
‘ ‘month of last year. Moreover, the : . g n 180- v . Stuart 1 ing 3 More than 1500 house-hungry June total was well under the’ tuart Moving and Storage firm, May figure of $436 million one of Indianapolis’ largest inde- oan ’ : reports his volume up
Washington Blvd. and 6955 Wash-
Edgar Broadbeck—5630 N. Del- housing. : * = =» aware St., cooperating broker R. FRED ALLEN, whose real E, Walker.
of times it has its roots in
Jack C. Carr—53 N. Arlington.,! And these folks came early Maxwell Droke knows speech- 920-22 E. 24th St., 2314 Webster as much as an hour ahead of making. He used to do it, had Ave, 1226 W. 35th St, 314 Ww. schedule. Their first question Ang Bernard Ave. 2402 N. Park Ave, could they buy these homes under then he figured a lot of other 3921 N. Pennsylvania St., 4008 E.|the decreaseq down payment people do. And my private guess 30h st F864 Buckle St. shopare)ienms now in the congressional is that a ating broker Bruce Savage Co. : t about 12000 people are and 6233 Pleasant Run Pkwy., co-| operating broker American Es-| tates, linterest shows they would, if they
Pp, © 0, — 2532 ; Thomas F. Carson Co 3 people flocked out to inspect the features of an attractive General : : pendents, Gordenich Realty Co. — 422 S. [pdustries “prefab” model home For the first six months of 1951, ghout 75 per cent. St., cooperating broker puilt at Lawrence by the H & R the value of building permits Is-| “we've moved lots of families . Gregory & Appel Co. Realty Co. i sued in the 215 cities contracted jnto Indianapolis and particularly [0 Iams n eri to $2.39 billion from $2.7 billion Greenfield.” Mr. Stuart said. “And in the same 1950 half-year, these peo , i $ 2ople are buying homes — , 3 New York City building plans they intend to stay.” The Federal Housing’ Adminfiled during June were vaiued at Irwin Walker, general manager istration and the Veterans Ad$51.5 million or about half the of Allied Van Lines here reported ministration home loan programs b hy June. 1950, total of $102.5 million this firm's business up at least i ” i are being threatened with extineMr. Hall Mr. Whistler and 18 per cent under the May, 25 per cent over a year ago. : 2 n x = 1951, figure of $62.7 million. . tion, Milton T. MacDonald, presiCo., are. members of the 60-40 Ratio dent of the Mortgage Bankers Associated North Side Realtors . A And the lion's share of these : i 3 ‘ , : and the Indianapolis Real Estate rent year, the value of building '{,anefers are coming to, rather Association, aid this Week.
COULDN'T
both
THEY but their For the initial half of the cur-
Ed » ” HE ALSO PUBLISHES a book Gregory & Appel, Inc. — 422 could. Board. permits filed in New York City de- than leaving Indianapolis—about He Plamed congressional bok: vote On speech outlines, and a two- Rural St. co-operating broker Agent and builder Harry Ra¥, Mr. Hall is a native of Putnam creased to $266.5 million from 5 g0.40 ratio-the movers agree, erings and administration "polivolume set on how to make con- Gerdenich Realty Co., and 4014 of the H & R Realty firm smiling- County and has several years ex- 403.9 Iniliion fn the initial half|" North American Van Lines, tics’ for the situation. of last year. Inc. of Ft. Wayne, the nation’s ‘Supply and demand have again
ly admits the model home was 41, lots sold before the first hour of the fields,
ventions, banquets, luncheons and Boulevard PI ; p : erience in the retail and service sales meetings click. Then hel yw Bridges & Sons r Sila has a Speaker's Desk Book, filled goth and Meridian Sts
with the little stories which give E. 65th St
Building permits issued in the number three carrier, reports in- been made the principal factors and 1831 open house had elapsed. His partner, Mr. Whistler, is a 214 cities outside of New York creased business to Indianapolis, in the money market for every In all, he said. H & R sold 19 native of Tippecanoe County and dipped to $333.5 million in June “A large percentage of our busi- thing except FHA and VA infrom $465.4 million in June, 1950. pegs i= military personnel, but a terest rates,” Mr. MacDonald said.
luster to a “message.” i 88 3 | : : - hice /ill be built prior to entering the real estate He wrot Driscoll Realty Co. — 545 FE, homes, 17 of which wi : ; ; 273 3 million i : i published rH OR ol yeaze ARO. sath St. and 1710 Ruckle St. PO alcady owned, People| field he was director of Livestock|4nd $373.3 million in May of this great many others are business! And now. . mortgage money, ) ibleday, called Marketing of the Indiana Farm Year. executives and key management ordinarily channeled . into these
“ » r 7. 39 ame from as far as Lebanon, People,” and has another com-| Fred T. Hill Co. 1166 W. 32d oe added. Bureau Inc. For
ing up. It will be called “The i For the ; . lle | i AAR » present time. the com- the total Human Race ‘alt | ORO Tv This is important because it 5 : L Human Race, and Other Atiletie] | Walt Veo Co Euston indicates how deep the stiff Regu- pany is being operated from their to $2.1 { . : gham Dr. lation X down payment terms residences until suitable office in the
| Fieber & Reilly — 4546 Park nave bitten into the home-buying “PAC 15 found. months.
» » ” I FOUND OUT about “Quote,”| which is indexed and classified| a co Cooperating broker Bruce public.
the first six 1951 months, personnel.” Mr. Kenworthy said. agencies, is gaining better rates for these 214 cities fell The Stuart line reported moving in other fields. billion from $2.3 billion at least 65 families to Greenfield Mr. MacDonald reported that corresponding six 1950 from Camp Lee, near Richmond, mortgage bankers all support the Va. national effort to halt inflation, And all these new residents of but feel present policies for the Indianapolis come from all points 4% and 4 pér cent interest rates
Savage Co. They can’ ; a en 0 Pu ic m m H every six months, from a high-up| y hey cant afford to buy a N Wi RL me Oo t bl out-of-town lawyer who knows his! Bruce Savage Co.—46 W. 52d pouse and lot in one transaction. e Oo p I of the. enmpass, ost moversifor RUA and VA Wans 1d be 15: St., co-operating broker Gregory 4 2 'n agreed, especially Tennessee, Ar- consistent with the anti-inflation-
kansas, Minnesota, and Chicago. ary policy More than this, he pointed out, 300 Per Month the future of these two most suc “We are calling on 300 to 400 cessful governmental gencies families per month,” commented hangs in the balance, Mrs. Dorothy Hampson, super- - visor of the Indianapolis Welcome
Wagon. “But there must be close to 500 Ine 0rage ooms ery
families arriving here ev month,” she said. “That doesn’t . include the many towns outside For S of the city and its immediate econ ime suburbs.” And these people are very inter-| Booming for the second time in ested in Indianapolis, Mrs. Hamp- Jess a decade,
way around. |& Appel, 1122 N. Sh 210-12 And to think all thi SS IT 15 11 this has been N. Oakland Ave. 5069 W. 15th
gathered and delivered on a plat-| ter for 11 years, and 1 didn't/S‘ 37d 4137 Ruckle 5t, know it. a But I won't be without it “‘H no |
H & R'S PREFABS sell from $9850 to $10,750 and include the — a lot price. Downpayments on these {homes under Regulation X range ’ petween $2300 and $2500. me ard p | But House-approved amendiments to Regulation X now being] consideread by the Senate, place 'downpayments at only 10 per cent of the total cost for homes costing $12,000 and less. Incidentally, the model home was bought by a sergeant and his a German bride. He has just been Frank transferred to Ft. Harrison from
years more, or 11 days.
The Very Little Man
see the dark of the day. They had hoped to get by grabbing a little scarce metal here, and a little there, and eking out a slim living.
The 4th annual “Parade of Homes” will be held Sept. through 17, Director J.
than Anchorage,
But eating money got so scarce Cantwell announced this week. Germany. {son indicated. Their first ques- ,, ... iq th . that they finally hunted up Bill, Joint sponsors of the show are tions are about transportation, = %, IS the target of a steady schools, baby - sitters, churches stream of contractors, carpenters,
themselves up for ae 2 Nighed the Manon County Residential New Factories Me rar Dar any Jeg Eullderys, Indianapolls Home, NEW FACTORIES are planned hooks on some pint-sized defense Builders, the Electric League of 53t Madison and Connersville. jobs to kee on pa |Indianapolis, Indiana Lumber & yyestinghouse will build a 175,-| s P going. [Eulldets, Supply Association and 400 square foot head light plant! : {the ndianapolis Real 18 re 1 3 | All in the Loaf |Board. il Estatelry employe Shou 500 People. The} a little time: to look around beSOMETIMES enthusiasm runs| chai ¢ al factory will ve a one MY The public is invited today to home has a large, ultramodern fore buying a home,” Mrs. Hampaway with us. rag Rirman of this year's Pa- gijgn of red brick. Completion | jhqnect the spacious new home kitchen with numerous built in son sald. Take bread. Dr, Louis Bauer rade of Homes” is Dean Gaskill, 1952, at 2853 Questend South Dr., built cabinets and an adjoining breaknext president of the American sales manager of the Spickelmier ‘Roots - Connersville ~BIOWET recently by Contractor A. E. Bur- fust nook BD can Company. Mr. Gaskill has ap- corp. plans a $1.5 million expan-'yis and offered for sale by the The :
and various civic groups. brick masons and other workers “Ab 'o-thir f incom- ; }: A bout two thirds of all incom- jn the building field. ing families are buying homes here. Others store their furniture land rent rooms, This pives them
Instead of vacationists, the commercial airline flights are packed with construction works ers. Even the military planes have yielded to the builders and building materials. Decentralized Industry The boom started hours after The van lines list several rea- the outbreak of hostilities in Koe
basement features an at
Medical Association, came right i i its ' inte a exec y oi . ‘ § y + ed : . . 3 : ‘ ; ra out and gave bread credit for pointed a te omnes sion to its present plant hi fest Bruce Savage Realtors firm. tractive 28 by 14 foot social SOnS for the mass migration, rea, and it is still going strong, 4 s8is z o Vorad \ ifuga lowers . : i i : i whic is up ¢ 7 ary tablis 8 practically everything good in life. organizing. They include: the largest centri YEE oF | The attractive red brick Cape room with a log-burning fire- which is up abdut 17 per cent All military establishments are . J : and compressors ever designed. Cod home is located in a new place, Delco oil heating plant across the nation. being enlarged and reinforced,
He gave bread credit for taller) subdivision where homes average and a Westinghouse automatic “Decentralization of ‘industry ig
more than $20,000, water heater are included. the major reason,” commented . . A two-car garage with finished one expert. “New plants are going Medical Building
all across the country, stimu-
David Augustus and Bill Mohr, constant Marion County Residential Build- Quch!
MIGRATING WORKERS by
ning records, and astonishing way anolis lars: ; Lot size is 100 by 140 feet, and polis Home Builders; Mary Bin- "4 0 cands have been caught the home includes a 28 hy 14 foot Interior is attached to the house !P
in which middle aged women take ford, Indi i 2 ,- Indianapolis Real Estate i re ; ing : ’ ” {up careers, the increased life Board; nap A ate iin the net of the capital gains tax jiying room, complete with fire- by a modern attractive breeze- lating population movements Sold to Investor span, and the handsomeness of tric League of Indianavolis; C. J. [18% : place. Also featured is the full way. Another cited the increased de-| " ,,., o3.ra0m room Parkway our young folk. Woerner, Producers’ Forced to sell their home and sized dining room, a 12 by 14 foot To reach the home. take 30th fensecactivity as an important yo 4. 01 Genter at Delaware and : turn, south factor. »*th Stz, has been sold to a pris
wo 1d d | Ten ht to move to a new location, these master bedroom, and two other/St. to Kessler Blvd., pos people have had to pay a 25 per large bedrooms. on the boulevard to
Verne K. Reeder, Ra ata ha Questend, An Eastern mover felt that It oi. nvestor by the builders, the
o t J » BAKERS TURN out 95 per cent
Home r, i i of our enriched bread. And they, | Show “ : cent tax on the increased infla- Of interest to the ladies, thejthen turn east. was an indication of an easing of yt; Realty and Construction do a swell job, but most of it is Also, A. C. Crandall, Indianap-\, nary value of their home. the housing shortage, (now per- ~, . . . mitting) movements which have ,.
olis Power & Light Co.; E.
y. |done by machinery—no human Peabody, Citizens Gas & Coke] The
not disclosed.
price and purchaser were
Until Congress ultimately okays
Rese been long contemplated.
Midwest Construction Up
{hands § | ; i i the planned amendment, temp And a big flour man once ro Siity; Lewis Finch, Tngianafiolis| thousands of transplanted work- . . . ; The picture isn't entirely bright, t Risclosed: ll ‘however ue me—we take the vitamins out to| 0.3 ' n-| victims We ar : apolis La v $ ’ .!ers and home owners are weve make it white, then put them back | 3oon pan lor decidedly unfair legislation. uring irs IX on S Credit men take a very dim Jenne bik ig To Although their homes her 3 outlook on the situation. To them o © space and suites of two,
The five-state Midwest area, in- ing Indiana, Illinois, Iowa, Wis- it means an upswing in “skips people who duck out of their obli- three*and four rooms each, move on to It 18 constructed of Bedford limestone, has asphalt tile floor- . ing, baseboard radiant heat, and Smaller Homes a 45-car parking lot at the rear
The movers have also noted a of the building. =
to make: it better food. Buch | A geociation: Arthur. Wupper, Inhigh jinks. diana Society of Architects, and higher price today, perhaps, than| ; i d Mi Lisle Tinsman, Savings & Loan when they were originally pur- cluding Indiana, registered a gain consin and Michigan. Three Faces League of Indiana. chased, the dollar is considerably/of 7 per cent in constfuction con-| TTe iy ronth total for '51 was gations when they THERE'S A NEW DOLL which} Ag in past years, hundreds of cheaper. There has been no real tract volume during the first half 1950 OB the greener pastures. can laugh, cry, or just plain l100kipnew homes in various stages of |gain on which to pay a tax. of 1951, as compared’ to a year] On a comparative basis, ‘resi-|
pretty. construction will be shown to the . ago, F. W. Dodge Co. reported dential buildin | | 8 J . 20. g in this area It's a Vinylite baby with a head public. New Realty Firm this week. reached $332.4 million—down 11/few trends recently. The average A. Edward Mantel Co. is acts the
which “turns. And while the| pe 1pdianapolis celebration| Veterans in real estate, This was accomplished despite per cent, and non-residential con-load today Is 3500 pounds, as ing as agent for this property. laughing face is turned out, thei] be held simultaneously with field, Charles K. Hall and C. K. a drop of 33 per cent during June, struction was $360 million—up 19 compared to 4500 a decade ago. It is located strategically near crying and the plain pretty face National Home Week observed | Whistler have formed their own as compared to the previous year. per cent. Public and private] This reflects a trend towardithe hospitals and should I a are hidden under the curls and throughout scores of major cities firm. |June, 1951, recorded $130 million works and utilities were §145 smaller homes with fewer rooms. time saver for both physician and the back of the bonnet. in the United States. : | Formerly with the Walt Veon!'in contracts for the area includ-/million—up 40 per cent, “They used to attempt to bring patient, Mr. Mantel indicated.
» ” » TT JUST TWIST the head, and you| can get any mood you want. I see how it will work. The mother would say to her little girl, “How's your doll this morning?” And the little girl would twist |g the laughing face to the front, “She's very happy,
» THEY'VE BEEN rolling into
scrawling their John
| Put find a girl who ould operate
machine” on his hip from officeithrow a few defense crumbs their
it. ig _ Thirty years at one a day.
The novelty makers are in a
Ww = Po; . to office. And sometimes he not way. - © only had to supply the machiné,
5 i} \
