Illinois News Index

Highland Park Press, 3 Jun 1937, p. 5

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Real Estate Sales Sales of realâ€"estate, as reported by the Escrow department of the Chicago ‘Title and Trist company, continue to show substantial gains. ‘This is particularly true to sales inâ€" volving an all cash consideration. At no time in sany of the years gince 1933, the low point of the depresâ€" sion, has the number of these cash sales failed to show a substantial increase . over the â€" corresponding month in any previous year. > > _ Increase for the 1934 period over that of 1933, 17 per cent; 1985 over 1984, 55 per cent; 1986 over 1985, 61 per cent; 1987 over 1937, 74 per cent. Show Substantial y Gains Over Past Year actual sales closed % the Escrow department during dirst twenty weeks of each year since 1983 has been as folows: THURSDAY, JUNE 3, 1987 Mr. Joseph Shelly, manager of the Escrow department of Chicago Title and Trust company, calls attention to the fact that the percentage of incréase has grown progressively each year for the period covered and wherean« the incremse for the first per cent greater> than the «corre» sponding period for 1933, the inâ€" crease for the 1937 period over the year previous was 74 per cent. "The number of these real estate sales passing through the Escrow department," stated Mr. Shelly, "is a pretty fair indication of mf esâ€" tate activity. In fact it shows to a greater degree the type of transacâ€" tions which are taking place than do the figures of the number of transfers _ reported by official sources. Even during the low point of the depression the number of real estate transfers recorded was subâ€" stantial but most of these were transfers to avoid foreclogure and deficiency judgments and this disâ€" tinction could not be made to show the real purpose." _ * Mr. Shelly also calls attention to the relatively high percentage of sales taking place for an all cash consideration and to the tremendous increase registered each year since 19838. For the first twenty weeks of 1934 ‘all cash sales showed an increase of 137 per cent over .the year previous. 1985 showed an inâ€" crease of 82 per cent over 1934, 1936 103 per cent <over 1985, and 1937 85 per cent over 1986. "It is quite understandable," said Mr. Shelly, "that during the deâ€" pression people were afraid of mortgaging their property. What is surprisingâ€" to us, however, is that the percentage of cash sales at the present fint;h::l so large.. It is quite apparent a ew numâ€" ber of people have considerable amounts of cash laid by and that they are investing them in real esâ€" ‘‘The dollar volume of cash sales passing through the Escrow departâ€" ment showed tremendous yearly inâ€" creases up to and including 1936. The first twenty weeks of 1984 showed 110 per cent increase over 1933. ‘The 1935 increase was 145 per_ cent over 1984 and the 1986 inâ€" credke over the year previous wis 171 per cent. ‘The first twenty week period of the current year showed a 20 per cent rise over 1936. "The nominal increase in the dolâ€" lar volume of cash sales when comâ€" pared to the large increase in the number of cash sales," said Mr. Shelly, "indicates that the sales are now takingâ€" place in the smaller properties." During the first period of 1935 the average amount of cash sales was $11,759. In 1936 this inâ€" creased to $15,764. During the corâ€" responding period of 1937 the averâ€" age unit of cash sales dropped to $10,205. This would seem to indiâ€" cate that the realization that real estate is a good investment under present conditions has spread to persons in the lower income brackâ€" Clean and Block Your Panama Hat the latest way t 1 ed is the cently lâ€"-n-"_- The Ladies and Gents G HATS Cleaned and Blocked Imitation PANAMAS _.____... The above Hat Blocking Machine we rsâ€" and Gents Genuine Panama T§¢|. The Legion committee, which will of $1 Figures reported by the Escrow department indicate that the purâ€" chase of homes has been responsiâ€" ble for the largest volume of transâ€" actions. Am sales have shown some while the perâ€" centage of vacant lot sales has inâ€" creased from 14 per cent to 19 per mamwmm mercial properties have about stationery, lmdfi.ml::a\-hw wheo contemplate the building of homes. There is practically no specâ€" ‘-@nmhmm. :mmmmhw Mr. Shelly g:‘u of the homes being sold, as indicated by the figures of the Escrow departâ€" ment, mproximately 59 per cent are located within the city of Chicago. Of these a very large percentage inâ€" volves a consideration of less than $5,000 and relaively few involve an individual consideration in excess of $10,000. ‘The average sales price of homes in the suburban area is conâ€" siderably greater than in the city proper. Activity in the suburban Shore. 1000 Youngsters Take Part in Track and Field Meet May 26 On last Wednesday afternoon the fourth annual track and field meet for grade schools of this district was held on the High school athletic field. _ This event, sponsoredâ€" by Community Service Inc., is held anâ€" nually for the grade school boys and girls in order that their interâ€" est in outâ€"door activities and compeâ€" titive sports may be developed. A total of well over 1000 boys and girls .took. part in the program, about 700 of them as actual competiâ€" tors in the events. Teams . from eight schools were entered, Lake Forest, Ravinia, Elm Place, West ‘Ridge, Lincoln, St. James, Braeside, and Oak Terrace. As in the past years, no school championship was determined, ‘but individual chamâ€" pionships were recognized. Compeâ€" tition between ‘individuals of the various â€" schools is ‘stressed rather than interâ€"school competition. Representatives from the Highâ€" land Park Rotary club, the various grade school athletic directors, and members of the High» school staff assisted in running off the events of the meete. ‘The Rotary club donâ€" ated ribbons to the first three place winners in all events. A list of the first three place winâ€" ners in all events is as follows: 50 74 dashâ€"1. :gg-,u %â€" LiMianfic la;& m * H: 75 yd dashâ€"L. , K.P.; Barncon!, O.T.; 3. Sorenson, LF. + }llg“hrbm._jmâ€"l. o'_;ll. B. ; Seaverns, Ll‘.; %. Broad s-.;';.'a-a' ini, O.T.; & Schuls, |k’imâ€"|.:" Mo'g'.'r-lcm o.T.: 220 ya uué’l'.&.’t ‘l'-“u 2. lnvhh. % im uLy". t«bâ€"l. hfl‘l!rh. O.T.; 2. Morrill, “oy;..:“â€"., fan "om-u." i1, R; 2. Vignocehi, mgmâ€"huâ€"-. O.T.; 2. Baldrini, T.; 8. Hayes, R. Broad jumpâ€"1. Cascarano, O.T.; 2. Will B.; 8. Krohn, E.P. 8 Ib. shotâ€"1. Griffis, ILF.; 2. Stevenson, L.F.; 8. Morriss, O.T. 220 yd. relayâ€"1.â€"Osk Terrace; 2. Ravinia. _ IAF.; t_m_‘ . "i""o;" kss TF,:J. lll"-!-. i 7 ',; ,’. 4 CAE i) O £ MB Wm O.T.; 2. . Bverâ€" m-zf‘-in'â€"l Oak Terrace; 2. Lake _ Beysâ€"Pole Vauitâ€"Open All Beys Open pole vaultâ€"1. Grimnell, R.; 2. Gyllenâ€" ‘Theâ€" Stupeyâ€"Smith post of Highâ€" noal of “.’:l castom ndn:- medal to the boy and girl cach grade school who, pccording to school officials, ranks highest in scholurship, honor,. courage, and service, would be adhered to. is larger along the North ceremonies ... with Betty Wagner . It‘s just about that time of the :u'h-m-\ho&um the eyes of the new students and the steady,; rather amused glances: of the old timersâ€"why*? because spring is here and there is summer. and fall to look forward to, and for the sportsmen pilets, it means many months of wonderful cross country weather, blue skies and fleecy white clouds, There are many days when the clouds are low and you can fiy above them, giving you the feeling of being cut off from the worldâ€"a big white blanket below you, and every once in a while you spy a holeâ€"looking through at patches of green mnd realism. ‘That is one of the really beautiful sights of fiying. The races (over Memorial Day). down at St, Louis attracted q:l:z a gathering from this area, they are still talking of how excitâ€" ing they were. Dean Owsley. flew a Stinson full down Saturday, and Eddie Younkers cabe back with one more passenger then he expected, as he met "Watty" Newhall, who coming. . . . "Hank" Klien, one of Skywriting BLU E. . . . NEW Creaming California _ PEAS Sweet Ripe Canteloupes . . 2529c ;&AS“ ‘Fender â€"......... 3 Ths. Z9c Assorted Flavors PURE JELLY PCE PBE ..c.ssâ€"â€".t»ecâ€"reachterss Unome Solid Pack TOMATOES No. 2%, size can BEVERAGES sErr Libby‘s Extra Fancy Black Label PEACHES No. 24 size can ,...E.i-m._..... 20c MARASCHINO CHERRIES Sunkist Juicy Oranges . . . . «29¢ Universi PALE DRY GINGERALE No. 2 size can Sunkist Juicy Lemons w« «~ . «+ 29¢ APPLE SAUCE F REE DELIVER Y Shop with Confidence at the Blue Goose + the Largest Independent Food Shop on the North Shore Specials for THURSDAY, FRIDAY and SATURDAY No. 2 size can; 3 for 20e THE PRE#8 nay Py i.4 A ... 25¢ Potatoes . »«+35¢ 25¢ DOG BALL INCLUDED © the Sky Harbor Kliens, also took the Airlines down. . .\.. There is a about that "Dick" Card of mndhrkhlmdudcu of the 150 h.p. enclosed Ryans, and I!Hi_ktqq!whhlyuvyhh. ..... "Ham" Kunath tells us that "Dick" Granere, (the flying farmer) is .due in town today or tomorrow, to renew acquaintances for a few days between shows. He better get back ‘here again by July 8rd, beâ€" TiE 6 iot of what is going to hapgen # lot of w ppen :t'fi-t date. . . . i:'a"u-m deâ€" uu:t::enhmumu-p. so s started flying a w % The students at Sky fl#hfl really been keeping the Ryan busy, soon they will be waiting in mmn. Dick Easton of Deerâ€" Reld even flies it in the fain, but of eourse John Lee gets quite a kick out of fiying the Fledgling during a down pour. . . . A beautiful new low winged Areonca, complete with landing lights and fiares is being hangared at Sky Harbor for a few weeks. . . . The famous glider pilot, Joe Stienhauser, is back in town for a few days. Joe recently, while soating, landed in Lake Michigan, but fortunately was rescued before CANS anything serious ‘hannoned. â€" Wi« "Joe" Fracarro, a mechanic at Cusâ€" 10¢ 10c FOOD MART 516 â€" 518 Central Avenue Stuffed OLIVES Strawberry or Raspberry PRESERVES No. 2 size can Unome Early June PEAS Lovely Brand GRAPE JUICE PEARS No. 2%, size can ... JELLâ€"O pkg. (plus bottle deposit) 5¢ tiss Airport, soloed "Art Schelter‘s Fleet in one morning‘s instruction, consisting of three hours and some odd minutes. Very good "Joâ€"Jo."> Yesâ€"Warm weather is really here, and fur ‘lined fAying suits, boots and helmets are put away in Three Good Pictures "Men Are Not Gods," which comes to the. Deerpath theater Friday, June 4, offers Miriam Hopkins in one of those bright, frothy charâ€" acterizations which made her famâ€" ousâ€"a far cry from the intensely dramatic portrayals she essayed in her last three successes, "Barbary Coast," . "Splendor" and "These Booked at Deerpath Ships mysteriously sink at sea! England‘s coronation marked for disaster! The amazing story of a girl‘s® daring courage matched against a madman‘s lust for venâ€" geance in the lifeâ€"and death game of international intrigue. All these incidents _ and . happenings take place in "The Girl from Scotland Yard," which will be shown at the moonlightâ€"and romantic history is 2 .. 25¢ 10c 10¢ 25¢ 17¢ 20¢ Blue Goose: Meat Specials 1937 SWIFTS SPRING Leg oLamb 28§4¢ SWIFTS PREMIUM Beef Pot Roast 2244 ARMOUR‘S STAR SLICED Bacon 44 pound package .. FRESH Smoked Tongues Ground Beef 3§¢ Summer Sausage 4« 25¢ Puffed Wheat 2 pkos 15¢ at you cin Tok foeward to seatug you can :{mmmum Jean Arthur, filmdom‘s newest and most exciting love team, romancing Te pgee n ie hok w a engageâ€" ment at the Deerpath theater, Sun» d.i'nd l;ndny and Tuesday, June 6, T. Highwood Scouts to Collect Newspapers On Friday and Saturday, June 4 and 5, the Boy Scouts of troop 86 and 37 of Highwood will pick up hangers, newspapers and magazines. They willâ€"also call for discared furâ€" niture which will be repaired and painted by the boys. . K money obtained from ‘the sales of these items will be used to help worthy Boy Scouts to attend Camp Maâ€"Kaâ€"Jaâ€"Wan. is asked to call H. P. 3710.â€" The H. P. 4 400 m"'-m'â€"" Anyone having any of these items What butter is preâ€"tesed for keeping qualities? All Phones 20¢ 22¢ 16° PAGE

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