Highland Park Public Library Local Newspapers Site

Highland Park Press, 24 Jul 1930, p. 27

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"With . this gradual trend toward wellâ€"balanced â€" conditions of supply and demand, the rental situation is, of ‘course, improving in correspondâ€" ing degree by reason of the removal of surplus space from ‘the market. A better tone is thus being imparted to the entire real estate situation, particularly in the larger cities of the nation. f ‘"This does not mean. necessarily that the present period of readjustâ€" Prospective building â€" throughout the United States during the first half of 1930, as revealed in official reports of building permits issued in 5T8 principal cities and towns, fell perceptibly behind the volume for the first six months of 1929, according to S. W. Straus & Co. . For the first half of 1930, the volume of permits was $1,039,037,014, a decrease of 49 per cent from the same period last year, when the figure was $2,036,334,â€" 562. June this year showed a loss of 33 per cent from June, 1929. Perâ€" mits for the month totaled $180,â€" 666,075 against $202,231,771 in May â€"â€"a loss of 11 per cent. The Straus index of building perâ€" mits for the month of June was 60.7, compared: with an index of 59.6 for May. Although this would seem to indicate ‘a slight increase over the preceding. month, the increase is not as great as that called for by the seaâ€" somal factors adjusted for trend. Takâ€" ing account of these factors, the inâ€" dex reveals that building permits for June were 21.8 per cent below norâ€" mal. Although this record: is not as good as> that for the preceding month, S. W. Straus & Co. point out that building permits in June were nearer to normal than in any other month except May during the current year. Regarding .the general buildâ€" ing situation, the company stated: Sounder Conditions Developing ‘"These data again make clear the fact that throughout the country generally sounder conditions for imâ€" proved real estate are steadily develâ€" oping. Surpluses of building space which may exist in one type of housâ€" ing or another in localities here and there are being steadily absorbed through the present letâ€"up in buildâ€" ing activities. â€" Thursday, July 24, 1930 Report for First Half of l930| Shows Reduction Over That ' of Last Year BUILDING IN U. 8. | SHOWS DECREASE FOLDING CARD TABLES AND COVERS BANQUET TABLES CHILDREN‘8 TABLES AND CHAIRS 27 North Sheridan Road For Rent for Parties and Gatherings FOLDING CHAIRS # CHAIR COVERS Delivered and called for Successor to H. M. PRIOR CO. Funeral Director H. F. KELLEY Election officials of the state met in Decatur June 25, with the state election commission _ to _ consider changes in the state election laws. The state commission is preparing a report to the 1931 legislature and will present drafts of proposed legisâ€" lation to make the election Jlaws more effective. Members of the state comâ€" mission are Judge Edmund K. Jarâ€" ecki and General Milton Foreman of Chicago, and Judge James S. Baldâ€" win, Decatur. Mcetings of the comâ€" mission were held in Mt. Vernon and East St. Louis later in the week. | ment need be greatly prolonged. Following four years of very active building, the present cycle, in fact, began toward the end of 1925, since which time the trend of general building activities has been steadily downward. State Officials Meet on Election Law Change "Unemployment in the building trades, 8. W. Straus & Co. stated; for the month of June showed no imâ€" provement over May as reported by the American Federation of Labor. Thirtyâ€"seven per cent of the 850,000 building trades members of the A. F. of L. were unemployed in the months of May and June. Growth in oPpulation "For illustration, take the census report covering New York City, This shows that during the tenâ€"year peâ€" riod there was a growth of more than 1,342,000 in population. To asâ€" sist one in trying to visualize this enormous gain, it might be stated that New York City, in order to fulâ€" fill its normal housing requirements during the last tenâ€"year period, thus has had to construct another metroâ€" polis within its boundaries as large as the city of Detroit. Chicago withâ€" in her boundaries has had to build another city larger than Washington or Milwaukee. And in all the other cities of the country population growths have necessitated great conâ€" struction projects as office buildings, hotels, apartment hotels, and apartâ€" ment houses." "As a further indication of the inâ€" creasing stability of improved real estate conditions, it is to be noted that the Federal census reports now being announced reveal substantial population growths in the principal cities of the country. Increased popâ€" ulation means increased .demand for housing space of all kinds. Rates very reasonable Telephone H. P. 4260 Unemploy ment T H E pppom t m m w e w e m w w o m o o e on on o e on ie o o i ie n e s e e i s i e i s i t ns s s s ns s ns s t Office 574 Central Insurance Service Phone 2048 The only exception to this, is that the towing service will not cover towing from your own premises. With certain motor clubs, you must call their appointed garages or service stations. But under our towing servâ€" ice, you may call the nearest garage, thereby saving yourself delay on the road and regardless of the number of times youâ€"need to be towed $1.00 a year is all you pay. Good Insurance Is Not Cheap. Cheap Insurance Is Not (inod. If you want the Best of Insurance with service, wo have it. No need to join motor clubs for towing service as we are now prepared to endorce your automobile policy to cover any towing charge provided it does not exceed $10.00 for a premium of $1.00 per year. This service extends throughout the entire country and in case of a mechanical breakdown on the road, you may call any garage for towing service, pay them their charges, mail the receipt to us and we will mail you our check to reimburse you. ‘rigp TV TOWING SERVICE $1.00 PER YEAR m °2 QFZSS§JONAL P IA NO TUVNING Room 3 â€"State Bank Building PHONES e Residence: A. E. Smith â€" 1046 Work Guaranteed, Estimates Free 530 South Linden Avenue, Highland Park. M 17 years experience H. F. PAHNKE )0

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