Hammond Times, Volume 14, Number 206, Hammond, Lake County, 18 February 1921 — Page 14

THE TIMES . tw. .1'.. ) 'JUt-t .' -a 'i.-H l.r;r.-r. . :'. V he t !nr;o cl'.y .a Vnttcl Siatc-s ! ; ..n. r:!;:- J Tr::ii'U,'.t.,Tiii? An. J .:.Mi. M v-;s ?- ("il'.i-il In 1;!"0, i t;.o t !.!'.! wM. h f.Ti:v--d a . -rr.-'l f'-a'ui" "1 '. ju.lsf.ijfC. j V5i-. s--i'..!. '!.'. ;'t HIV VP V.ie i 1 a; '-."it fvJt 'i r.i . ; ii-ron-h 1,i:t v, .: r V7 ! V 7 V r- -it Suit llirv.i -1 ; ; r-t;. J j mi. a Law- j SWISS SKI CHAMP NOW IN U. S. sainniond ii 1 Tf i" 1 y I"!" W 'J ii 11 tmeiit i - l -4 W Woocs, Martin & Company ur recommendation is based on a careful study of the larger aspects of the 5 ?

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present remarkable situation; the outstanding facts of which are as follows:

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The census shows that Hammond's population is now 36,000, an increase in ten years of 70 per cent. That does not credit us with 8,000 people who live in West Hammond, a part of Hammond's commercial district. There are 120,000 people within a six-mile radius of Hammond, and yet Hammond is still doing business in three blocks on State Street and three blocks on Hohman Street. Gary with only 1 0,000 more people than Hammond and West Hammond has four times as much business frontage.

iSiiiiUfitg lonctmons- lire tiespossil

Gary had a big boom before the war. Its business district was over-expanded. But this was indeed fortunate, for it now has a business district adequate for its subsequent development at pre-war costs. In Hammond ultra-conservatism has always prevailed. The building up of our business district has been discouraged. The result is that necessity now compels us to provide an adequate business district for a large city at increased cost. But it must be done. Scores of business men have been turned awav from our gates because no store rooms are available. '

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The value of property adjacent to the business district will remain stationary until the expansion of the business district begins. Hammond might have a population of i 00,000, and if the business district did not expand, values of close-in property would not increase. In Gary they take you all of the way from Fifth Avenue to Twenty-fifth Avenue on Broadway and convince you that a 100-foot corner is worth $25,000. In Hammond, Hohman and State .Street property three blocks from the business district has little more than residential value. But build up those three blocks and the next three will boom.

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Mining weranons. i

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Architects, bankers and real estate men will all tell you that millions of dollars of building activity awaits favorable building conditions. These conditions cannot long be defered. Readjustment is inevitable. Then the big boom will be upon us. It will be too late then to buy to advantage. Whether you are considering business or residential vacant now is the time to buy. The coming boom will sweep the platter clean of bargains. 5. GetOnrAdflceOnYoiirlEvestineiitProMeffls

You go to your lawyer for legal advice ; to your doctor for medical advice. Ours is a highly specialized business that is the object of constant study. We must know the trend. We do anticipate the future. We have a fine list of real down -town bargains. We have inside information about many of them. We have three propositions in particular to which we would call your attention. Call us for appointment.

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Real Estate Operators Office, Hammond Trust & Savings Bank; Main Floor of Hammond Building, Phone 5 1