Illinois News Index

Wilmette Life (Wilmette, Illinois), 21 Jan 1937, p. 29

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The only shadow on' industry nowF is the strike of automobile work- ers at the Gen- eral Mo0t ors plants. One of the '. *brightest indica- tors of national iniprovement 1$ th e tremnendous * actî.vity i i ain- __ *lacture of ma- Chine tools, wlnchl h as reached lc -_______ .-lig0hcet, peak s ilice 11.lCI~A H. Witzlebon 40Oper cent lighe- Vr than 1929, Sýurely. this wýave of better iliconif and bigg1yr profits will reflect itself in btter vries; reater lemand antd increasing activitv for real estate. While interest bas been steadilv ' i- creasiniz. the prospects for an even .ýreater activitv are practicallv cer- tain.' Must Restr Credit Ouir most Pressing problen restoration of credit. The ba dav are flooded with moniev, - refuse to loan withouit collate: is the ics to- Discussion is somewhat con- fused because too many com- mentators have recently been us- ing the. word ' boom" when .they> mean merely a' rapid, up s.weep,, businesss at.a high p>itcb 'For Most of .us, hoïever, that .word, stili .neans activity that hgs become, over-blown. over-speculative. Fromthe most careful examni.i-, ation made by experts it appears that the stage is set for steady and consistent improvement in real estate activity for some vears to corne. this, activity based on sales and development of real estate for use. National incomne would have to increase 'and present debt-load. decrease much fastér--than, now seerns possible to .providé condi- tions for a biz speculative real estate "b)oom," thiese experts aver. lack. vision. The hou-s. shown severly criticized because of present decorating. or a distasi color of the kitchen. AIl these wý details, are easilv and at small, remedied, but they materially ai the mind of the buver and, in sý cases. binder the sale. If a h( is well located and fundament The crv for the near future will to 1937 with enthusiasmn and a p' be for homes, and particularly sul,- to give the highest possible d( urban homies. This deniand. unless of service to the buyers, and sý fleW building advances more rapidly,. of north shore reàl estate. wVill not meet the requirements. Homes for retît will see substantial Evanston.North Shore iticreases.' Vacant sites will likewise BadM esM u advance, even more so than they B adM esM t hiave in the past twelve. montbs. The Evanston-North Shore I 121v Ave. 3060 Po .t 3060' 121'9 .1

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