Wilmette Life (Wilmette, Illinois), 28 Sep 1939, p. 55

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INTEREST RATE. REDUCED TO N4O COMMISSION Lo6eg-term consrucion tor reg- desigu mad location. nof *xco.d-. 6n0%UVof.valus. OhrLoins ai C*rr.sponfdingiy Low Rates QUINLAN & TYSON Morigage Corp. One N. La Sale Sfre.t, Chicago Central 0227. 1571 Shermmn Avenue., Evanston * Univeruity 2600 WiImtte,2602 Wmnnei&a 177 Save 1/3 on Extra Chargel for PIlniug. One yeur Guarantee. In order to stimulate Fail Sale we wll give the greatest Values we have ever offered, for a limit- ed time only. While every type of work cannot Work on the Southwest achool in Winnetka at. Willow road and Glendale avenue', was atarted Mondcn, of this w.eek.. The. structure, including- equipment an d furniture w:ill cs 30,Oand wîll replace. the 'Horace Mann achool, at Elm. and Cheatnut streets.. The latter site is to be turned over to the, federal gov;- ernment. for a net» post office building and to the village and park boards to be developed for parking areas. It : s expected that work will be completed wi thin a, year. Cites Probable'Effect fWar. On ResýidentlialReaiEstateCost B.y Clarence E. Drayer, would wholeheartedly rtry for we ail (North Shore Reaity) know that these deficits cant be -wwed Owners in numbers ask the ques- out only by repudiation of inflation. tion in one way or another, "Will Yes, prices of everything will rise, the war cause a rise in real estate i 'luing rents ' and real, estate- pricees?' "Do you houses olId and bouses new. Residen- think I s h IDU 1 d tial real estate differs from other htId for a year ' côncdtes olby the idî,Ida two? " is a varia- chiefly ini its bulk and permanence. tion, or "î'm in tin, no burry o sel."Thfings like lead, copper and tn no hury tosellvery consumnable in war, rise abrutt- Buyers are less Ivan so et crc. lths n The names, of the contractors as announeed this week follo w>:, maso nry and carpentry, Coath and Goss: structural steel, Missi ssippi Valley company; :roufý,.U. S. Gypsumn com- pany. and the, Esko company; sky- lights, Armerican Three-Way Luxfer JPrism company;, windows, 'Hope s windows; plastering, David Evans;. heating and plumbine, Mauer Engi- neering conipany; liehting, Build- ers Lighting Construction company. Wrecklng of th1e Horace Mnn sehool will depend on the wishes of the federal governnent. it was ex- plained. The cost of wrecking and 1- i ',..,-u i - t...-.iL )Ir 11 ICrIt N 4*'lJ * L U 8 *L Te 14- vo-cal. Some are shoes will rise for armies use vast ture uses+ is included in the $30.000. g o ing tQ «"wait amnounts. But real estate is not con-_________ and see.- A few sumed in this country' due to this we know have ex- war and, except for new buildings, iBUILDS ADDITION for .thir the rise will be due to cheiner Chesser M. Campbell is building leases fo nlyi rmoney. as the resuit of a general rise an addition to his residence at 1212 six ronts, i-, i pries.Westmoor road, according to a per- stead of the usual CrosPot fl Bu prwAdialemt suces.intk heps y e a r , -evidently CweePot o k. NwAdiabem T h ed iri Winne t ofh pav wîth the idea of C. E. Drye The cost of new buildines wil.I rise e Tent irna$18.0t00o.t têklig ~tknbefre ay pîce ipefaster t1han thâ:t of oid, bouses be- improvm t s$80. tetsn mactiondbefreay One hrwscause the materlal and labor goingi geits uy sndr ay teOnied St as frto new houses respotid'more to the' bouses has dropped more than the laws of supply and demand. It may price for the new, because of the will be drawn in and so' wiil he be- therefore be expected t b a t the strong preference for the new. OId cause of bis military training. , He thoughtful folks who -plan to build fashioned houses are going to be wil-Ai nil te w r isoe. will try to beat the rise and the vol- accepted. in oux fudgitent, only on All rice Wi Ris i:urnie of building will increase. It is a price, basis. The kindlv wrinkles That war is inflationary on prices ýr hardly expected that nrices wilrse! in a house worn by living rarely is axiomatie. The extent and the time; fa!zter than ability to buy. add. charmn for the ýmodemn young eleen ofinlatonarewht flk j therefore behooves those who buyer.. woul lik toknow Butthee deendare going to build to get under wayJ o htteewilb oices on~~~~~~ an ubr0 ag aibe as so as possible. If the new job in price of old bouses. It will be only and complexities. To state but tw- can be under cover before winter. îess than owners expect. Those on- how long wiil the war last and howi flnishing can be done leisurely and ers who remember the prices they man naion wll e ivole ; well. If building should . grow in vol- 'ad in 1926 and 1927 and now be-, liscorporated DEERFELD. IWinnefka 1332 Glenco. 133 I Highland Park 181 the opening of the last war), no one k nows. As far ahead as one can see now, real estate, especially, new building, will showr only a graduai increase in price., r.'eflecting a gen- eral increase of al Prices.

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