Hammond Times, Volume 3, Number 171, Hammond, Lake County, 8 January 1909 — Page 19
Friday, January 8, 1909.
19
HIII1IS II! FLOURISHING
SHAPE FOR THE HEW YEAR
Smith & Bader, Enterprising Eeal Estate Agents, SayThat Times Are Bound To Be Better in 1909 Than Ever Before.
The city of Whitingr, with its large Standard Oil refinery, with a bi-weekly payroll of over $60,000,000, Is at present in a very flourishing condition, especially from the real estate men's point of view. Davidson Eros., the oldest real estate dealers, who have watched "Whiting's growth from its infancy, were very optimistic when interviewed as to conditions for the coming year. While the concern has no plans for laying out any new sub-divisions under their consideration their work for the present will be the sale of property for residence purposes. The work accomplished by Davidson Bros, in the past has been remarkable. In 1902 Foreythe's field, lying north of One Hundred and Seventh street, and purchased, laid out in lots and named Davidson's tenth addition. The houses, which were of modern build, eprang up like mushrooms until now it is almost solidly built up. In 1903 Davidson's New York avenue addition was put on sale and in 1904 the district west of Indiana boulevard was laid out. Both these additions are now thickly settled. About one year ago the Standard Oil company put their eighty-four houses tip for sale. The houses have all been disposed of with the exception of one, which was in reality sold, but when the Jewish people, who purchased it for a synagogue, found it was not what they wanted, their money was refunded. This firm will continue to cater to the wants of the people as they have been doing in the past, and by their 50 cents a week system, which they have recently started, will enable several families of moderate means to come into possession of homes which under any other conditions it would be impossible for them to purchase. The firm of Smith & Bader are also
prosperous real estate agents in this city. "When interviewed as to their prospects Fred J. Smith said: "The real estate and Milldlng outlook for the coming year is very good. We understand from one of our plumbers that he is now contracting for twenty-one new buildings. Whiting has never enjoyed a great boom, but it has always had a steady growth and the class of houses erected have been the best. When neighboring places were forging ahead more rapidly, Whit, ing would continue on in its steady way. The recent financial flurry was not noticed here, as it was in other places. "The coming year the Standard Oil company intends doing considerable building, which will employ more men, and we look for an active year all around. "The new park site will be improved in the spring, which will give us the same advantages as they have in large cities. "Judging from inquiries from various sources regarding the building of houses, we certainly predict a lively season this year." The Whiting Building and Loan assoiation was organized May 5, 1907, and, although it is not yet two years old, it has had a steady growth, and is now in a flourishing condition with a large and steadily increasing membership. The officers are: William Greatrake, president H. E. Beaubien, vice president. C D. Davidson, secretary. Morton Trout, treasurer. The assets of the association for Jan. 1. 1908, were J2,887f30, and on Jan. 1, 1909, were $4,486.01, being an increase of nearly 100 per cent. While this increase is not considered phenomenal the officers consider it as eminently satisfactory. The advantages enjoyed by the citi
zens, of this city are some which are rarely enjoye in cities af this siie. We can boast of good street Tights, good walks and fairly good streets, the main thoroughfares being paved last year.' We have churches of almost every denomination, and all, with the exception, of the Christian church, have excellent houses of worship. The Christiana have purchased lots for their church and next, year will also see them In a beautiful new home. The schools ara of the best to be had. No expense or pains Is spared in teaching the young Idea how to shoot. There is a special music and art teacher, commercial, German and latin, sewing, domestic science and manual training teachers. The advanced work in manual training for the boys, and domestic science for the' girls are two things which the Whiting students enjoy boasting of. Another advantage enjoyed by the oil city resident, is the public library with its nearly $5,000 volumes of "embalmed minds." No pains have been spared either to make this educational institution an attractive and desirable place for the people to while away their time. Whiting is a railroad center, which makes it accessible to any city In the Calumet region. The street car service has been much complained of, but recently much more regularity has been practiced by the officials. We will soon have a direct route to Indiana Harbor, If the direct plans of the company, who were recently awarded the contract, materialize, and it, with its single fare and no changing of cars, will be of untold benefit to workingmen. With the improvement of traffic Whiting look3 forward to a boom In real setate, for, although it never will be a great manufacturing center, its advantages as a residence district are numerous, to people working in Gairy and Indiana Harbor and other other cities is taken into consideration.
Man His Own Architect. Every mu is the builder of a temple, called hi3 body, to the god he worships, after a style purely his own, nor can he get off by hammering marble instead. We are all sculptors and painters, and our material is our own flesh and blood and bones. Any nobleness begins at once to fine a man's features, any meanness to imbrute them. Thorau.
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The world always has been divided into two classes those who have saved, those who have spent the thrifty and the extravagant. - - It is the savers who have built the houses, the mills, the bridges, the railroads, the ships and all the other great works which stand for man's advancement and happiness. The spenders are slaves to the savers. It is the law of nature. We want you to be a saver to open an account in our Savings Department and be INDEPENDENT. .
One Dollar Will Start An Account
Indiana Harbor, Indiana
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The question is often asked, "Will it pay me to buy real estate in Hammond'?" My answer is, " Ye, if you buy in the right place and at the right price." My ansvrer will be, "No, if you buy in the wrong place at the wrong price." To the prospective home builder, it occurs to me you will but have to look at the attached plat to be convinced, that Turner's 1st and 2nd Additions, are in the right place; our city is so laid out that there can never be but three north and south streets of any considerable length namely; Hohman St., Calumet and Columbia Avenues. Hohman is already well built up the range of prices per front foot of all south of the river is from about $40 to $60 in the resident district and from $100 to $1,000 per front foot for business property. I have never yet heard of any one regreting having secured a lot within this district and I do not know of any one who does not regret that he did not take advantage of the past prices. I maintain that Calumet Avenue, being the center one of these three important thoroughfares is destined to outrank Hohman St., in the near future. Hence, we say without hesitancy, we offer you the right place to lay the foundation for a home. As to the price, we ask you to judge by comparison with the prices held anywhere else in the City. Think of it. A lot on the west side of Calumet Avenue, east front, paving and sewer paid and the cement sidewalk to be built by the seller, for $375.00; $37.50 cash and balance on reasonable time, payable monthly if desired, at 6 per cent, per annum and no taxes to pay until the spring of 1910. Lots on Erie St., one block west of Calumet and parallel with same, improvements to be borne by the purchaser, at $175.00; 10 per cent, cash and balance in payments. We claim without fear of contradiction that no such an opportunity has ever been offered to buy the right kind of property at so moderate a price. We make no reduction for cash; thus giving the wage earner as much advantage as to the person with plenty. The only preference given in location of lots, is the first to come will be first served. It, therefore, behooves you to come early and buy one lot, and still better one and one-half or two lots and thereby make yourself a free holder in the City of Hammond, a City destined to future greatness. Respectfully, A. M. TURNER. GOSTLIH, MEYN & COMPANY, SOLE AGENTS.
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