Lake Shore News (Wilmette, Illinois), 15 Oct 1920, p. 6

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THE LAKE SHORE NEWS, FRIDAY, OCTOBER 15, 1920 DONT STOP BUILDING I STRAUS'& CO. ADVISE N«w York Firm S«U Pace to Country || By Proceeding with Construction I â-  of New Office Building ** The announcement made in New York recently, that work has started on the monumental new building to be erected by S. W. Straus & Co., at Fifth avenue and Forty-sixth street, is of much importance to the building industry. S. W. Straus & Co., by reason of their large underwriting of first mortgage serials bond issues on new industrial plants, apartment houses, office buildings and other large structures in the principal American cities, are very closely in touch with building conditions and the general outlook in the industry. It may be taken as encouragingly significant, therefore, that they are going ahead with the new $4,000,000 home for their New York organiza- tion at the present time rather than tielay until a later date. There has been much hesitation on the part of many interests regard- ing new building projects, but it is quite evident that in the opinion of S. W. Strauss & Co., nothing is to be gained by putting off building plans. With regard to this point, S. W Straus & Co. have made plain their attitude in the following statement: Demand Growing "The demand for new buildings both for residential and business pur- poses continues to grow. Rents are continually advancing and it is not likely that they will become stabiliz- ed soon. This is particularly true in New York City, where the housing shortage is becoming more acute. Conditions in the labor market, trans- portation delays and shortage of building materials have combined to keep down new construction work. The demand, however, for space con- tines to be augmented with the ex- pansion of business, the increase in population and the generally mani- fested desire of the public for better standards of living. "The widespread shortage of build- ings in this country is a hindrance to general business development and a disturbing factor in our social and economic life. Every possible effort should be made, therefore, to relieve the very acute situation that exists. The only way this can be accomplish- ed and conditions restored to normat is through additional buildings. Need It Urgent "Nothing in our national life today is more urgent than the need for more buildings throughout the coun- try. "While the demand for homes is more acute than for structures of other types, there is requirement for buildings of every description, and each new project that becomes an active operation helps the general situation. It must be borne in mind that the longer new work is delayed the more serious the housing situa- tion becomes. We have fallen so far behind normal requirements that a prolonged period of intensive build- ing must necessarily ensue before the various aspects of the housing situa- tion become entirely stabilized." The plans for the new Straus build- ing call for a 12-story structure of which S. W. Straus & Co. will occupy three banking floors; in addition to which* they will utilize the entire top floor as a library, rest and recreation rooms and for various other features connected with their welfare work. A ten-foot setback entirely surround- ing the building will be used as a promenade for the employes of the investment banking house. The building will be of white stone and the prevailing note of the ex- terior design will be suggestive of massive stability rather than ornate decorativeness. In New York City the new building project is regarded with special interest, as it marks the most notable addition that has yet been made to the new and fast grow- ing uptown financial district. PROGRESS WITH REMODELING WORK AT THE VILLAGE HALL Work of remodeling ind rearrang- ing the departments at the village hall has been progressing satisfac- torily during the pant fortnight. The Village Board chambers are no more as the large room has been converted into two smaller rooms by the simple expedient of constructing a partition. The former board chambers are to be utilized as village business offices and a large record storage and file room. The police department is soon to be moved into the former village office space at the north east corner of the Have you ever seen that sign before? Of course, you have, many times. If you have not al- ready listed your prop- erty with 'HILL & WHEELER" you may be loosing a sale. We do not get all the business, or does every one looking for a home come to us. "WE GET OUR SHARE" Fill out the following, and we will do the rest. Name................ Address................. Phone No................ building. The present police head- quarters are to be converted into "a magistrate's court and small assem- bly room. The building is being equipped with an entirely new heating system. Work en the upper floor of the village hall is to proceed in the spring, according to tentative plans of the Village Board. CORRECTION An announcement in last week's issue of The Lake Shore News stated that the Beak bungalow oil Washing- ton avenue near Fifth street had been sold at a stipulated price of $12,000. The correct price was $17,000. The transaction was negotiated by the Wilmette Realty company. Fred Nitto Upholstering, Drapery Cabinet Work Furniture Repairing Mattress Renovating and Window Shades Telephone Wil. 474 and 2430 r///ss/ss/ss///ss/'//'/'/i'/////s/s///ssy/ss/s///,v/ii//s. A. It EDHNGTON SELLS REAL ESTATE 8% Investment Securities and Insurance The Dealer in the Main Business Section Opposite Village Theater 1157 Wilmette Avenue WILMETTE Phone Wilmette 640 M. E. BARKER & CO. Some Excellent Values Attractive 8-room Stucco in splendid location, richly decorated, fine wooded lot, garage. For quick sale........$16,500 New Colonial. 8-room, beautifully located, splendid enamel and maho- gany finish, garage, most artistic and attractive. . . . . $27,000 Beautiful stucco Colonial home, 9 large rooms, sun, breakfast and two sleeping porches, four baths, fine garage, extra large wooded lot. A wonderful value for......,......$35,000 405 Linden Avenue Tel. Wilmette 484 Phone 2491 1215 WILMETTE AVENUE (Earl 3E. &Uvmt (&a. mmmmmwmNmmmmmMummmnmnm\mmmmm\wiMtmtm\ommumM SUGGESTIONS. DRAWINGS. ESTIMATES :: CHEERFULLY SUBMITTED :: UIIIIIIIIIIIIIIIMIIIIIIMIIIIIMMIIIIinmimillNHIimHmiHIIIIIIIIIIIIIIIIIMIIIIIIIIWIHHIinilMIIIIIIIIHillH In our Store we carry a full line of WALL PAPER and PAINTS for Home use. .j_iiiiiiiiiiiiiiiiiiniiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiniiiiiiuiiiiiiiiiiii!iiui!iuiuiuiiijiti(iiiiiuiiiiiiiiiiiMiiMiiuiiiiu'.niu»i: | PRICES | I Touring Car. ... $2,600 I | 4-Pass. Roadster . . $2,500 I | Brougham .... $3,500 J J Sedan...... $3,600 [ | F. O. B. SYRACUSE, N. Y. | fjllll!lllllllllllllllllllllllllllllllllllllllllllllllllllllllllflllllllll'llltlllllllllllllllll!lllllllmillllltllllllllllllllllllllllllUt?. The FRANKLIN , *20 miles to the gallon of gasoline 12,500 miles to the set of tires * 50% slower yearly depreciation (National Averages) YOU KNOW what result to expect when you buy a Franklin. The averages above, showing what it has given owners in the past, measure what it will give you in the future. Yet it takes more than figures to tell the advantages of Franklin light weight, flexibility and direct air cooling; it takes rough roads, long grades, zero weather, 300-mile tours in a day. The comfort, road-ability and freedom from tire and temperature troubles revealed by such tests explain the extent of Franklin popularity. At the current rate of production, 1920 will increase the total number of Franklin owners to over 65,000. DO YOU REALIZE THAT THE FRANKLIN SEDAN WEIGHS ONLY 2,755 POUNDS? GAGE MOTOR SALES COMPANY H Telephone Evanston 5700 EVANSTON 1629 Orrington Avenue Arlington Heights Sales and Service: Phone Arlington Heights 9 III

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