Indianapolis Times, Indianapolis, Marion County, 25 November 1951 — Page 41
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Real Estate Real Estate ......... qs. 41-43
Today#Business They're Shooting Up Penney's Builders’ Applications eli To Be Sought Soon
“For Defense Housing 1000 Units
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me) Shoppers Beat > a Yule Whistle
By Harold Hartley
THE STORES ARE rolling. The rustle of gift wrapping is on the rise. ] . Christmas buying this year did not wait for the tradi-
buying the trad 7 In 1st Batch Yous! Thanksgiving whistle The ball has been. in the air of Allotments Le %
Aisles are thick. Clerks ‘are ing 25 from the Cooper Union pa” gE busy. And the best guess-around- School of Home Design. ; The 1000 unit defense houstown iz that 10 per cent more These will be opened Dec. 186. i i i is) dollars will be spent in “pearing A Tew days later they will be : ing cork mn the Indianapolis, gifts” this year than last. judged. . And that's a job.fI saw ieritical area bottleneck is ex7 8 7% it done once. They're all beau- pected to pop within the next {10 days, according to the Federal Housing Administration. :
THERE ARE FEW, if any tiful shortages. Prices are up a little!’ pp 1 HAVE a hunch about but not 10 per cent. It means iy: OY sinvly Reve: dl] be more givt this year's house, although “Just as scon as we receive our Simpl) e e RIVINg neither Frank Cantwell nor I 7 this year, a good sign in any have seen the entries. But I'm BrshOrders Lom Washington we y , ry will announce that applications for allotments will be accepted,” FHA Director Earl Peters said.
town. betting on lots of glass. Profits will be down. That's It's called the “Solar House,” Since mid-September, builders have been waiting to make appli-
the tax increase. But that is true not a good name, It should be! cations for allotments of the
of every other business. And for called the “Outdoor House” for the stores it means more people it leaves only a plate of insulated and more money -will work for glass between you and all outhousing programmed for the city APPLIANCE WITH SALE—Purchase of a new home in Bon. bY the Housing and Home Finance jy Place, such as the above Cape Cod at 3132 W. 30th St., enEe titles the buyer to a choice of any one of the major appliances
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less take-home pay: door’s beauty. Added to their job this week 0: the home without further charge. The home is open today
“ y ” = » ~ l It will be a good season”. | AT NIGHT, of course, you one store manager sald. “We've draw curtains, or else you draw| were 300 rentals to be built under . 3 . . the Wherry Act on leased post| Tor inspection, | to 5 p.m. and daily through the week. Minton
got everything. And if there spectators. happens to be shortage here That's where I'm putting my! and there, people will buy some- bet on the model home for 1952. |
thing else. They're in that |IUIt be a honey, with lots of land at Ft. Harrison. These will, Associates handle all sales in the subdivision.
mood.” class, lots of glass. all be multi-family structures. SL —— : Whetting the area's housing| . “eer ea 0'Clock Want a Job? Doc s-ology hi 4 appetite still further this week| “J 4 Gremlins at Work— THE ONE SOFT SPOT in the 1 SPLIT THAY Woid te make § SHOOTING UP LIGHT FIXTURES—That's what these workmen are doing with the latest in new 12% the = anmouncemeit rom: i stores is enough of the kind of Plain, What T want to tell about| 0 tion tools—the Drive-lt Tool, which is powered by 22 or 38-caliber cartridges. : aspinglo as P 5 - help they want. truck drivers, . ' will be the headquarters of he 3 A Gar an IERMONT ST, Too many still think depart- The “Doc” is what you think it “Tomorrow we shoot up a f Gi 2d Air Reserve’ District. 5 5 ;
This will bring in at least 50 officers and airmen who staffi’ the office into this area as po-| tential home buyers and renters.’
7500 Hoosiers Affected
3 3 pr @ de 1 The headquarters will be in the = a Goodman building and under the By DON TEVERBAUGH
d of Col. James L. Web= : Times Real Estate Editor ster. Col. Webster will have 7500 A LICENSE TO BUILD—this is the next hurdle being Hoosier reserve airmen under his propped up by Washington gremlins for the nation’s home
ment store wages are low, is, the doctor. The “ology” is his’ ae : IM-5381 ‘ They've changed. Be are up. know-how, | ° : couple ceilings at the Western But the selectivity of the em- The doctors looked at those Electric plant and then we'll loyment offices is down. guys who squeeze you off the! : : = P I and selling is road with those huge cargo dread. Dave to do a little more shoot not a part-time job. The wheels naughts. He found that 48 per|ing over at Butler University turn, as in every other human cent of the drivers accounted for|and the J. C. Penney “store, the pursuit, on know-how. And sell- all of the accidents. And the other man said quite matter-of-factly. ing itself is &ne of the oldest 52 per cent had no accidents at| This was not a Communist, or and best developed arts of man. a] ever, a feudin’ mountain boy speaking.
4 8 = . 8 8 {The speaker was a mild looking : : A STORE MANAGER put | THEW THE DOCTORS looked | contractor who most likely voted it programmed de. Duilders to clear in '52. his finger on the colleges. “Why at the 48 per cent and found that Republican at the last election. otments nN aren't they equipping more 15.7 per cent had half the accl-| p+ he was definitely going to fense housing, the FHA an The red tape boys thought they had the answer
nounced, would be handled on a October of 1949 when they slapped selectivity basis with priority g0- on Regulation X, but it didn’t hit been using some of that famous ing to projects within Indian- as hard as they had hoped. This/Carter salesmanship to sell Mr. apolis, then Marion, Hamilton credit regulation was designed t0 Veon on the wonders of the des-
people for the mercantile field? dents, 35.2 per cent averaged onely, , 15¢ of shooting. And so are It is honorable, pleasant work, aceigent a year, and 12.8 per cent ; or0at many Indianapolis conand the opportunities are bet- had two or more accidents a tractors every working day.
or.” year. . : te Than YE man who took Don't try to remember the per- It fhe hew Drive 160] whish and Hancock Counties. keep the year's output of homes sert. a job as secretary. I thought centages. The thing to remember has ith . un DR The -HHFA orders on the crit- below the 850,000 mark. Walt says he's going to golf that was a girl's job. But I was is why. i, t . pag Dw ear .ical area programming specifies But by September builders every day—he's out to win the & wrong. I am thinking of what They found these drivers are mb. =yen . S e that this housing shall be within topped the figure. “Most Improved Player” trophy 2
penter with a wad of Copenhagen ballooning his under lip approves of “this new-fangled contraption.”
“reasonable commuting distance” And now the National Produc- in the annual Indianapolis Real of the Allison plants, Naval Ord- tion Authority has in effect a self- Estate golf tournament next sum- 3 nance plant and Ft. Harison. The certification system for building mer. : 3 order later states that the three materials. If the builders push 2 =n counties above shall be considered production too hard, they'll find . . within reasonable commuting dis- they must have an NPA license to Durham Joins Veon
tance. build a home. Bob Durl a lad with a nice
happened to one of the best men the game people who cause trouble secretaries in the world. He was in all other lanes of life. Billy Rose, They were the unhappy chil8. 8 dren whose parents often. quar- . ; . STORES NEED junior execu- re1eq and failed to show enough The tool is amazingly simple : tives, badly. They are always on j,ce or affection, or were divorced © Simple you wonder why you the look-out for young men and/ . separated. . never thought of it.
Wd 6 1, oNINIAI AVONOW NidO
a women of promise. They want to x = = : It SHOOTS stud pins into both ; Be " This provision permits the But builders aren't worried | bas ] 7 move them up to buyers’ jobs,! THE DOCTORS who were psy-steel and Soncrele. The driving x . necessary loophole for exceptionaliabout a materials shortage as the Jumed tus Walt Yeon : section and gepartiment heads, (chologists then found that the force is a 22-caliber cartridge. AMMUNITION—The new tool fires this variety of stud pins site development outside of the government is. : ont T 4 then upstairs where 4 {guys who wrecked the trucks and Job Done in 20 Seconds | into both steel and concrete, cutting costs up to 75 per cent for ‘three counties, if needed, it was, Credit is the big problem for| specialize in the wheels turn. lother people's cars also were the i setter, confracions believed. ithebuilder. Credit is the fertile sales of North The place for a young man same ones who in their childhood In 20 seconds it does a er . —— a ———————— - men Waiting Period plain in which the housng seed { or woman to put his feet down, . pi nied and fought with other job than a workman with the old £ oe grows. ; : Side residential { 3 phere he can travel tate Chr fashioned. hammer and starécll Indianapolis Affected — At present, C3 permits build: ain 1 52, the government | Per ihe past | 5 And right now, in m) ; They found other things, that °F POW in 15 or 2 ers to sell programmed defense laying at that 800,000 mark for)! five years Mr.
would be in the department! minutes.
often their marriages weren't of housing at relaxed down payment y,mes hut there is plenty of op-| hi s = = happy, they had ag friends, To an employer handing out U. S. Move {to Spee terms to anyone after a 60 day position. ? y i COLLEGE MEN and women and they were willing to spill their [Paychecks figured at something waiting period. But Spies al" For one thing, the American, can walk in and land a job, if troubles to anyone who would lis- like $2.50 per hour, this means any of the three above plants gel, yathook will be fatter than!
» . savings. Salesmen say the Drive- lo 5 be la of first crack at the homes. 4 : 5 | thaw fy , t -'ten. : : : ever, the economists say. About hey are fitted, With littls, cere- jen it tool saves about 75 per cent U Ing Xp ine The waiting period for rentals ying per cent fatter. Their bank
mony. Then they are on their They managed money poorly,
Durham has been associated with C. B, Durham & Co., which deals in residential prop-
n Sie : : : . essed Over the old fashioned methods is only 30 days. accounts are greater, too. iin Wig gs have anything Frere Hooyy, R50 Dien depressed. | “time alone—and time is the : By United Pres committee have been dragging However, there has been 4.4 1o50 Eo ales: Mr. Durham ety and subdi t YS ld plenty, belisve mie Yr. ¥ mw most expensive commodity put’ WASHINGTON, Nov. 24—The their feet on the rent program rumors from Washington that tion year. You know what that. Previous to this, he spent three in a business which has been. AND WHO WANTED to know into construction work. government relaxed its mortgage and have made a “mess” of it. CR3 is to be ammended. To what means. years with the 35th Infantry Didetoured for the last ten or 15 all this? Lumberman's Mutual, Contractors of all types have rules on defense housing this He said the whole thing was extent is not known. We haven't licked the World vision in the European Theater. years. Casualty Co. been quick to put these new tools week and placed the whole pro- agreed with the other members The Army will chose the yw, 11 housing shortage yet and A graduate of IU, Mr. Durham % . To prevent accidents before/into regular use. And it's quite gram under one boss in an effort the announcement said. builder, in cooperation with the any curtailment of housing is go- is a member of the Indianapolis Case for Credit they happen, to save money on Versatile. to speed up home construction. | “Mr. Wilson indicated he con- FHA, to errect the 300 rental ng {5 make the job just that/Real Estate Board and the Junior THE WORD “Credit” has been claims. It was used to shoot down the An approved lender now, may curred in this judgment and units at Ft. Harrison. much tougher, Chamber of Commerce. kicked Brognd. 1 think, unfairly. Smart, I'd say, plenty. rugs at the modern J. C. Penney 2PPly to the Federal National bureaucracy” at its worst. Under the Wherry Act, these Our birth rate has been zoom- A ®t» Ever since Bill Shakespeare ‘Heart’ Kitche ..|store on the Cirele, to shoot up/Mortgage Association for advance; Mr. Wilson's office said Mr. units are limited to a cost ofi,g gince the war era, Today our “Nai borrower nor a a | n acoustic block ceilings at the commitments to buy up to 100 per Woods “explained his recent pub- $8100 each and when approved .; 1c are jammed with the Super Homes sald. Nelther po] on ¢ credit has . YOU'VE HEARD of the ‘heart Western Electric plant and the cent of the mortgages he holds lic criticism” to Mr. Wilson at by the FHA, will be granted in-/.... 4 wove of this bumper crop. J a all - chair’? State Board of Health Building. on dwellings programmed {na meeting of the Defense Mo- surance of up to 90 per cent of 4.4 this means there's a lulu of ©UI-DERS Vincent A, Branktone Os And that's It's easy on your ticker, tips workmen shot down 813; miles areas declared “critical” for de- bilization Board yesterday. Board the replacement cost. a home shortage backstage with ef and Al Marcus of Valley p tho 1 . 4 back, lifts your legs. It's hard 4¢ four by four flooring rein- feDse housing needs. (Indianapolis members found the committee 75-Year. Lease a 1965 cue, Stream, L. I, are building homes plenty. : : to read in them, I suspect. You ¢orcement blocks at the Diamond I$ Such an area.) did not merit such criticism,” : ; * = = f I say this, having in mind that o +0 geen Sovamment s Previously he could apply for in their confidence that the cam- The builder will. own and of a new material which is im-
the Indiana Association of Install-
commitments covering not more mittee was operating effectively Operate the rentals, which will ve, Hockey to Real Estate pervious to fire, water and vermin,
Now comes the “heart kitchen,” : i than half of such mortgages, ex- and would continye to handle built on post land leased for Raq Morrison, captain of the and it also insulates against either
same idea. Minimum effort. No For the remodeling contractor,
ment Credit Companies will hud-
1 dle in the Claypool next Thursday ctoops, no bends, no reaches over the 00 i 8! Iagtening UP cept for programmed housing at Area recommendations on a rea- NOt less than 75 years. Indianapolis Caps pro hockey heat or cold. 3 and Friday, head. Lo hig oo to nst basement ,i5mic energy installations. ~. sonable time schedule; it added. | Proposed site of this program __ gu team last year, 2 9» =» walls, or partition studding on™ my. changes are intended to Under the new set-up, Mr, Is located in the southwest corner is goifig to be- ey call it Insul-Crete and it
come a real Was developed by the two builders estate broker. after 16 months of research. It's He's breaking in a cement mixture, but sandless
5 # x» = 4 * - CREDIT CAN wreck a pros- fh DOCTORS figured it out. They cement floors, speed up construction of housing Woods will be answerable directly ©f Ft. Harrison, Col. E. P. Beyers ; perity if too many people get too have gadgets which measure hu- Air conditioning contractors {5 meet the needs of defense 10 Mr. Foley on all rent cantrol Said. : far out on a limb. You've heard man energy, how much it takes swear by the tool in mounting workers and military personnel. /matters involving defense areas Fifth Army Engineer Corps
that often. But I want to call your to open a cupboard door, or to'metal air ducts to steel and con- __ -, i However, Mr. Woods’ agency wil] Will hire an architect and have w Ww i nger, attention to thé case for credit. Stoop to the soap and cleanser crete beams. It's also popular cemain under the Sh ol buildings designed to meet their] i a fe gd hglbig 1940 fho¥ aia It means spending. future pay, closet under the sink. among electricians who use it to Good News ? oilization Administration insofar Néeds and then builders will be} EA native Can- square inch of pressure. pe money you haven't earned. And So they have designed one in fasten down conduits, cables, fix- “This is the best news we've a¢ rent control policy for non-de- Permitted to bid. All bids will in- uck, Mr. Morri-) Eight-inch outside walls and when business gets this advanced Which you reach straight out, not tures, fuse boxes—even TV an- had since being declared a fense areas fis concerned. clude the architectual costs, the son is now tak- partitions may be poured for an business, it hires workers to re- Up or down for everything. It tennal. critical area,” commented mimi —— law specifies. ing out his U, 8. average five room home in six place the goods. And these same has two Lazy Susans which you Manufactured by the Powder builder Albert Thompson, who Under the FHA terms the citizenship pa- hours, they say. workers as they make more to be SPin With a finger tip to get Power Tool Corp. of Portland, serves as a director for the Sales Leaders mortgage will run 40 years at pers and intends) In an experimental house of this sold on credit, pay for what they, Spices, and ingredients, Ore., the tools are distributed here National Association of Home . ! four per cent interest. Hundreds » Morris to become a full- material, summer temperatures themselves, have bought. ‘Like a Violin’ by the L. E. Laidlaw Co. Builders. Visit IH Plant Oe Als Were allt here Suri Mr. Morrison geqged Hoosier. [inside were 10-12 degrees cooler ‘an =» PHILIPPINE MAHOGANY Is Greater Holding Power “Mortgage money is the only Sixty-six winners of Interna- Program. " At present he's attending real than outside and the fuel bill
INSTALLMENT buying is the . . ' thing we were really worried .. _.". " . . coming back. It's going into When the stud pin is fired ito about, but this should make the tional Harvester Co. nation-wide Business college. His prof is— ———
fuel which makes more business homes, doors. wi ‘ tons ester Co t ide rn ’ . more wages, than the pocket baseboards, Yd indow frames, concrete or steel it fuses with the defense housing an attractive final-quarter truck sales campaign How to Think vou guessed it—Wayne Whiffing.
estate night classes at the Lane for the entire winter was $72.
even : will be guests at t} an: 8 . money of the nation permits, walls. Paneling Jaterial, resulting in a greater Tncaskeet for the mortgage 1. "pion Soh Indishamol George T. Whelden, nationally whnd t teacher expects = great Source of Loans? I once heard a man ‘worth mil- . Herbert Gibbs. presidefit of Ply- go 58 Hower Hight Other fasten gol a : ville Road, tomorrow, according prominent real estate appraiser, ings from Rod. When Congress reconvenes in lions sit at a directors’ table and wood of Indiana, Inc. told me Eg $s produce. : aint er i soker nor the ,. , Bowers, manager. will act as moderator and Robert ¥ x =» January, it will find waiting a bill say he always liked to keep him- that market has moved up swiftly Pull, tests on pins fired with a ma % ome : ul der could af- The all-day stop in Indianap- E- Walker as speaker in this Phoenix Bound {Sponsored by Sen. Burnett R. self in debt. It made him dig in the last year. And that Philip-|-2-caliber charge withstand 1500 the ra bow far out on |, will include a tour of the Week's Educational Class tomor: |Maybank (D. 8. C.) "to allow up And I also heard a factory pine mahogany is selling slightly| Pounds of pull in concrete and ~ age X. heoW they lant, the company's ultra modern TOW at 7 p. m. in the Antlers| North Side Realtors Gil Carter to 20 per cent of the reserves in worker say the same. over white pine, but worth twice 2500 In steel. When powered by on ave to,” Mr. Thompson .. East Side truck sales and Hotel. Sponsored by the Indian-'and Walt Veon, who have neigh- the Veterans’ Life Insurance THere Just be something 1016, |as nraen In the value of « home, st ee the pin in}, : service branch, and a tour of the apolis Real Estate Board, the boring offices, soon will leave for Program to be used for buying ! “x 9 steel 1s good for 5000 pounds of mr obilizer Charles E./City. including a visit to the Indj- Meeting subjects are: “Psychology the sunny climes of Phoenix, home loans from the Veterans Model Home for '52 THE MAHOGANY used here pull. This charge is too powerful Se Aobllizer Charles E., .. Motor S av of the Real Estate Business and Ariz. with their families ’ (comes from the Elliott Bay Mill for concrete. Wilson, apparently tired of feud- “"APCls Motor Speedway. 34a aint les. Administration's revolving loan
I BROKE BREAD with J, Frank Cantwell, actually, into a bowl of oyster stew. . Frank is the father of Home Show. It's what he lives
ing among housing and"rént offi- Accompanying the winners on How to Think In Dollars.” _Gil's been there before and has fund.
Co., in Seattle, which has put the/ The tool is not a firearm and the special train to Indi i w § 3 8 anapolis mahogany story on a $100,000/i8 approved by the Underwriters Sials, ap8 inted Raymond E. Fo- will be top International tor] the film Which will be shown to the Laboratories. It is discharged by .o, ** "8 special housing assist-
: truck division officials, including! Constructi y , ant. ’. C. 8 3 onstruction League, 1456 N. a twisting motion of the shaft Mr. Foley will handle his new W. C. Schumacher, general man-
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ves, oup on ) a . Delaware next Thursday. and fires about 24 differ&nt sizes : » W. K. Perki by and for. And while I ate the ) ager; W. K. Perkins, manage dresses hy ani or Any ul on his fa-|_ The new Women's Building at and types of stud pins. Depth org 00 AL Madition to due Suties as an truck sales, and H. EB Gott: 70. And vorite subject, how people want Butler is paneled with mahogany. Penetration is easily adjusted by e HHFA. berg, manager of manufacturing. o ) io live. jE 8 even in for tongue-and- Shangiig the Sire of the tool's Rebukes Woods Prem —————— ear a *? 8» =» roove planking. exp Os/0n © Wamber, The Fole : ow vou I LEARNED that next year's ~And why not,?” said Herbert) The average cost per fastening yy 5 move to pI Home Builders s mean] model home will be the finest Gibbs, “it finishes down like a !s about 18 to 20 cents. Loading, | yousing construction But Mr . . the country can produce. are old violin. | Bring 3HY reloatine requires only! Wilson's office took the oppor- Pick Directors WL will pave By iatel Harold Hartley with a. GRE | tunity to rebuke Rent Stabilizer] Ten active home builders and . JSom the s SUEtest « i eo of Business . | Tighe E. Woods for his bitter four non-active members of the an cho a, | § at 3 p.m, ‘Candidates Named |Siiticier of the way the program Marion County Residential ; . | |has been moving so far. Builders have been named as| Nii Y For Real Estate Board Wor ova charged last Sunday candidates for 1952 Board of | | : at the critical areas committee, Directors posts, The election will! or hres vacanein In te Tod uhh ME, Foley ay payed. be hed Dec. 17 apolis Real Estate Board of Di. dominant role, has been hamper- Builder candidates include: rectors. The election will be held ing the imposition of rent controls Warren Atkinson, Harry Miles jat noon Dec, 13 in the Columbia in defense areas, It Bes ison SR Joh Sus, Club . ; The committee, composed of Emory R. Baxter, 'Riley McGraw, ' { “Candidates are: Guv. F. Bovd representatives of several agen- Walter Justus, Ed Hohit, Robert , 40.95 n WE ICharies . Brews uy F. Boyd, cies, decides which localities Dillehay and John Bauer. ; ~harles F. Brewster, Charles B. should be designated “critical’| Associate member candidates
; ;”, Forrest, Joe Goode, John B. Look-| for the purpose of easing housing are: Raleigh - Burke, street and ALBATROSS, A RIVER BIRD—This is the new Grumman Air. abill, and Paul Starrett, credit curbs, pushing home build-|sewer ' contractor; Marvin Kirts
| Sea Rescue plane, weighing 6000 pounds, which began fo roll off [ine sxpieing term or: ered, bY Ing io other ways, and weimposing of DenAdand Suaing Jus "EAST SIDE—This attractive five-room k
the assembly lines in Evansville last » he ot directors or extending n of Roesinger, | eB ber Cong he 1 0 9 A Ce ot a, mo RR er Mo ed Moan Khe is ’ i \