South Bend News-Times, Volume 37, Number 284, South Bend, St. Joseph County, 10 October 1920 — Page 12

ä Ekvr, ocToiiirn 10, 1020. ittE SOUTH BEND NEWS-TIM EG

SOUTHWEST PART OF SOUTH BEND ' GROWING BIGGER

Real E j-tatc M o r Active Owinp to Influx of People. Tiy Aitniru sc'iii:ujNr;i:ii. Th recent inJ'.ux of p oj'e lo Houth I'.rnd. mused by unemployment rlscwhore, ha cr.itnl an unprecedented activity in r al -st.it' in th city. .Veu'comt rs an- lrL;."j- tnrlr to "1 honjrs and inmy that have lfcn living In more or temporary quarters ar- kin hordes for the winter. ThLs incr-as 1 activity has al.no cr-at-I a buying fpirit for investment. Many jk-ojiI" iro beinnint; to j-re th- future of iSouth JJend and are buying for Investment -s;T'.3lly v:uar.t property. This activity iris shown itself specially in the Pouthwest part of the city. The Stmlehakcr I"panini. Anyone not thoroughly arqu.iint" v.ith the wuthwu-t part of the city rr.d who has not hal opportunity in recent months to L-it that .vction, will bi surprised to not' tin; development taking plar: there. On the way out a p r.son will note the maslv now tudebafcer automobile plant which w.is built under the most modern construction methods and in every detail a well equipped and mod'm factory containing all the latest labor savins' (lvic' known to the trad; and. withal!, a complete, up to date automobil factory Jn this, ll'j flrM unit. Ib in; only a part of the propo.--d new pi int. it Is nevertheless, lar- and pr'i'ared to Io an ciirrrnous amount tf bu?ine..s and employ Kreat numbers of men. It is a credit to the Studebakcr corporation, to the city of South Ilend, and all It penp'e. This factory alone will trlna: thousands of now faces to the city of South IJend and will plve them continued and re-i;iunt-ral ive employ m-nt. OII-r IlulM Nrw Factory. Golnj; on farther to the f-outhwest Into that territory west of Chapin t-t.. between Sample st. ami Kwiiu; hlvd., In the territory which hah. heretofore, beep more or less inactive, one now find unpr-lcented activity. West of Walnut st.. near Indiana a v. you will . the enormous std structure of the Oliver ('hilled I'low works, being constructed as rapidly as present labor conditions will permit. This massiv' titw building is one. of the nine larwe .trueturcs to be erected on .this property, the foundations of several of which additional buildings are already laid. This plant, when completed, will also employ thousands of additional men and will aid materially In the promised expansion of the city. Walnut t.. immediately in front yf this new plant, is about to be paved, the sewer and water mains' having already teen constructed and sidewalk and curb are beim; laid. Sample ht.. from the end of its present pavement west to Oliv' t. and a part of Indiana av.. will ilxo bi paved. Hewer and watet mains have been put In a number of streets in this section within the last year. Ilulhls Homes for Employes. The two diver housing projects, also within the southwest section of the city, are enough to create wonderment to anyone not havintr visited this neighborhood latly. Within the last year there have been built blocks upon blocks of houses by the Oliver corporation. These housesare built exclusively for the employes of the Oliver factory anil artbuilt in the mnlrrn spirit of home uildlnp. All of them are modern in every war and not. as you find ir. so many cities, a scroup of similar houses on one ftreet Ther has J.pfn proposed, beside this, an additional plat of land for the erecting

of tili more hovies by th Oliver corporation. Steam ami I'.Icctrlo IUuwIs Kxteml. TJie .N-v Jersey, Illinois and Indiana Kallroad (Jo. have lately com. pb-ted a new line from their main line a.'t to the Sludebak-r plant. The South Shore rlertrb- line propose to build a spür from the weft through this territory, ami the

('hiriKo, South Id-nil and Northern Indiana Hallway fo. has purchased J

a risht of way from its line w st to the city limits. The Consolidated Mi' a Co. has lately p;jrcha-d the plant at thj corn-r of Oliv st. and Indiana av. which wa. .luring th war, us 1 f4r th- manufacture of picric acid. They !i iv.- r pair l aiid alt mm! the plant and ar- no.v beKirmir. operations an I promise to be a substantial factor In tb" future growth of the city. Two additional bulMincs are in contemplation by t!i is company. The Wilson shirt factory, also within this section, Ins, In the past year made extensive alditions to its old plan and employs P.vpcireds of pfopk- and is continuously advertising for more holp. In tiiis locality ar" also located the N". P. Itows-er Co., Sanders labert Co. ar.d I wan Bro.-;. Addltioiu'l Sri km ) I'ncilitJcs The new Washington Open Air Fchool is also located here. This school H the most modern in the city of South P.end ami probably in the ,stat- of Indiana. Also the Oliver school to which there is to be aIded In the near future, a building costing more than a half milium lollars. Tn anticipation of building a booster pumping station to provide for the future expansion in this direction, the city, on the advic of ex-

I pert engineers, is driving test wells j in thi locality to discover the loca- ! Hon of th b'st supply of water.

OtluT IIouin Pnijert.i. T?esid'S the many houses built by the Oliver corporation, there were : numli'T of houses built lately by individuals. Th Syndicate Co. which promis-s to become quite a factor to aid the housing situation locally, has just lately thrown open on- of the largest ail'litions insil the city limits and has bcimn the construction of a number of houses. This addition, known as the South llentl Industrial addition and adjoining the Oliver factory sites, Kivs promise of b ln. built up more rapidly than any othr sub-division in the city. Since the str 't car lines have not extended sufficiently to take care of all this rapid growth, there Is now in contemplation the formation f a corporation t" operate busses to take a re of the new population in this dis'rict. Property is cnancinc bands rapidly here and it is said that this tTritory offers vonderful opportunities i"r investment. Ik sides it; desirability a a homesite. If. you have not en the southwist part of th- city latelv, a trip tire will be a rev lotion to vru.

BUSINESS INDEXES Price Deflation. While Showins Elements of Permanency. Will Lose First Momentum Outlook Favors Uncertainty in Business for Some Time.

The public is for a return of making needed kinl. Hut the What are fair

Glasses Properly Fitted

DR. J. BURKE, Op'L 230 S. MICHIGAN ST. Ilrokrit Iamiscm Duplicate!.

obviously wait in ir "fair prices" before purchases of every question now is: prices? Merchants

and manufacturers are frjuentiy non-plusscd ami the insistent clamor for price reductions merely adds to th-ir perplexity. Pre-war prices are not fair prircs fair to the producer and distributor for the present at least. World inflation of credit and currency and the world shortage of goods, as. well as transportation and construction, do not permit an immediate return to a pre-war basis. Many persons believe that not for many years, if ever, will prices reach a pre-war basis. Nor is the relation of prices to "cost of production" a test of fairmss. As prices fall, cost of production falls, omltin for the present the item of labor, which by the way is considerably more than an item. The public may oe en-tith-d to prices In a majority of lines which recover for th seller less than cost of production. Cost of production did not check the rise of prices (luring and after the war and both merchants and inanufar'-.rcrs often sold goods at a prouigious profit. The fact is now that prevailing conceptions of fair prices change almost from day to day. The price which th; consumer yesteiday thought was fair, by comparison with prices current, he may tomorrow Juljre exorbitant In view of sharper price declines in other markets or closer to the idealized prices of 1914. New standards rapidly displace old ones. Pefore business can resume on a larg scale, the public and the merchants must form some working arreeim nt as to what constitutes a fair price.

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'Jhe PRINCIPLES of PROFITABLE INVESTMENT

TKI bound boolc of

64 pages will help any man or vromnn to chooie investments more wiaeljr. It explains the fundamental of investing, yet it is not "heary or tiresome on the contrary it is intensely interesting. It will cito you a "close-up view of tho stock market and explain how to make a substantial profit en luted tocka and bondt without the haxard of margin trading. "The Principlea of Profitabl Invntmtnt" will

I b mailed to yon upon requeaU

KRIEBEL cCO. INVESTMENT BANKERS 137 So. LaSallc St.-Chico.dO

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CELIAC PIPES BUSTED!.1 SEND A GOOD

(PLUMBER.GUICK!

2 A.M.

WE'RE ALWAYS READY FOR EMERGENCIES Call us any time of the day or night, whenever anything goes wrong with the plumbing at your house or store or factory. Get on the phone right away and call Lincoln 1 680. Sometimes a pipe joint cracks with the setting of the building. It may happen in the night and if not attended to immediately, your ceilings are flooded and your walls disfigured by morning. Our expert mechanics are at all times ready to set matters right and the charge will be as low as possible, consistent with good work. Joseph A. Luther EXPERT PLUMBER Lincoln I 680. 118 Wet Colfax Ave.

BROKERS 263 FARMERS TRUST BUILDING Lincoln 1171 MEMBERS: New York Stock Exchange New York Produce Exchange New York Cotton Exchange Chicago Stock Exchange Chicago Board of Trade Minneapolis Chamber of Commerce Milwaukee Chamber of Commerce St. Louis Merchants Exchange Winnipeg Grain Exchange Indianapolis Board of Trade Peoria Board of Trade Our Direct Wires to New York and Chicago Insure Prompt Execution of Orders in Stocks, Bonds, Grain? Cotton and Provisions

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The last day for the deferring dating on October Saving Accounts. As the 10th falls on Sunday, we allow another days grace and figure interest on all Saving De

posits made tomorrow from Oct. 1st.

Resources $7,500,000 START A SAVINGS ACCOUNT

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Jefferson Boulevard

Near Postoffice

This is Ewing Avenue Addition. You Will Notice There Are No Small Lots 43 to 48 Feet in Width uf 8eS pIan is the most unusual ever offered the public. Our prices have been pronounced by those who know values to be The real estate investment of the hour." We have lots priced as low as $250, $300,. $350, $400, $450. No small lots. As a special inducement to early purchasers of lots in Ewing Avenue Addition:

To the Purchaser Paying $ 10 Cash an Additional Credit of $10 Will be Given

$ 25 $ 25 $ 50 $ 75 $100

" $15 " $15 "$25 " $35 " $50

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Now 13 the opportune time to buy vacant lots for future building sites. With the lessening coat of building, which is predicted within two years time, the greater will be the demand for choice building sites. Moderate building restrictions protect your investment here. As an incentive to encourage others to build homes here, to the first three purchasers of lots desiring a home for immediate possession in thia new addition, we will build three bungalovs and sell them at actual cost of construction. Call at the grounds this afternoon and consult our salesmen. To reach the grounds, take South Side car to Leer street and walk South, or take Miami car to Donald street and walk three blocks East.

ONE-THIRD OF THIS PLAT IS NOW SOLD

Kelsey

riTirno. OFFICE: Uwner and m Farmerg Tmt Sales Agent p. Bui,,din 0 Phone L. 5455

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A HOME When you buy, as you will have to do some day, there are two items of first importance. One is price the other is desirability. This particular home on Marquette Ave.. Navarre Place, offers you every comfort of home life. The coft water, piped to laundry, kitchen and bath, the conveniently situated laundry chute, the outdoor filling system for the refrigerator are some of the detals the whole of which place this dwelling in the class of truly modern homes. This home is situated on a large lot with a paved alley in the rear giving access to a double garage. Large trees and tastefully arranged shrubbery furnish a suitable setting for this artistic little residence. The price is exceptionally low and possession can be had on closing the sale. CALL ME UP.

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204 Citizens Bank BIdg.

HAPP

Lincoln 1571

Guard Against W This Year

These few rules, if observed, will do more toward warding off the "Flu" this year than all the remedies you can take. 1 Eat wholesome, carefully chosen food. 2 Have plenty of exercise. 3 Bathe frequently. 4 Abundance of fresh air. 5 BE SURE YOUR HOME IS SANITARY. In order to be positive that the home is in sanitary condition, better call a sanitary expert to go over your plumbing. Sewer gas is food for "Flu." Don't take a chance. CALL MAIN 626 TODAY

Tom Williams

122 E. Jefferson Blvd.

for Fall are here now in varieties of smart new shapes, colorings and finishes as nevir before. Beautiful silk or brush felts. Smart stiff hats. Dunlap, Stetson and Mallory makes at $5, $6, $7, $8, $10, $11, $12.

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WE DO NOT STOP with selling you the pattern and colors you prefer in your wall papers; we send paper hanging experts to you home and place the paper on your walls in a faultless manner. We consider it just as important to serve you as to sell you. C. E. LEE Wall Paper, Point, Gla Oppofcltc Y. 31. C. A. 223 S. .Main St.

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The Most Reasonably Priced Addition in the Citv

SOUVENIRS WILL BE GIVEN FREE TO MANY WHO ATTEND

Come to This Big Event Enjoy Yourself And See the Possibilities of Homewood As a Homesite Or as An Investment

Take Lincoln Wav Car to Brookfield St. Walk One Block North

Murray and Segety 128 N. Lafavette Blvd. ' Lincoln 6127

Follow the Flags on Brookfield St.

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