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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Apr 16, 1950
Page
4
Builders' Control Service reports that redwood wood contracts in a single direction when treated, unlike most woods. The firm notes redwood shrinks with the grain, a property highlighted by its research department.
The National Association of Real Estate Boards reports that the nation’s homebuilders are constructing new homes at a rate of 500 per hour on each working day, highlighting rapid residential construction activity and industry throughput.
TY-EIGHT Long Beach eating places and taverns have changed hands during the past four weeks, according to published notices of sale. Food stores and markets ranked second in business opportunity transactions with 14 changing ownership, followed by six gasoline service stations. Four liquor stores were sold, and two beauty shops, two self-service laundries, and two dry cleaning shops also transferred in the period.
J H Baxter Co of Long Beach reports tests show posts set in concrete may decay faster than those in soil as cement pulls away, allowing water seepage. Their chemists claim pressure treated lumber resists fungi and insects, suitable for fences, poles, curbing, sheds, and garden structures. Baxter notes strong industrial use and growing residential adoption. Also, Bess Colbert relocates to 424 E Seventh St with Lucille B Collum as sales partner in real estate and insurance.
The Bixby Crest neighborhood north of Carson Street and east of Orange Avenue shows steady improvement as new owners redecorate and landscape seven year old homes ranging from 8250 to 50000 dollars. Alliance Realty reports 113 homes offered with varied exteriors and floor plans. Veterans may buy with no down payment aside from escrow and impound costs. monthly payments start at 51 dollars with four percent loans. A model home at 4324 Maury Ave is open daily and features oak floors and dual gas furnaces.
Ninth in West ONG BEACH ranked ninth among 11 western states Hawaii and British Columbia in March building permits per Western Building magazine. Los Angeles led with 38.56 million, Seattle second, San Francisco third. western total 49,136 permits worth 241.21 million.
Denbo Co. named exclusive sales agent for Marloma subdivision in Rolling Hills. Early formal opening planned as five view lots and some residential construction are underway. National Association of Real Estate Boards with about 43 000 members seeks Constitution Day September 17 observed nationwide.
Downey Bellflower Norwalk and Rivera areas draft 144 new subdivisions totaling 1134 residential sites with pavement curbs and sewers. Tracts 14810 14442 16264 14805 14836 14825 14761 14374 16274 16275 in Downey Norwalk and Rivera involve 31 to 225 lots. Subcontract bids invited by George M Holstein Sons and others for 59 three bedroom homes and 82 unit Rivera project. M F Roche expands into business opportunity brokerage with background in engineering and law.
Three weeks are required to kiln dry hardwood for flooring for homes, according to Builders' Control Service. The Los Angeles area firm reports that firing the kilns operates on a day and night schedule across North Hollywood Campbellton and San Diego construction fund disbursement sites.
Prof Glenn Bracken of USC will conduct twice weekly real estate classes May 16 through July 6 in Rexie Horges Realty Co meeting room. The limited enrollment course targets investors salesmen and license applicants and covers property analysis financing and California real estate law. Bracken, long Beach resident, has taught at USC in real estate and related fields including finance investments and banking. Classes meet Tuesday and Thursday evenings from 7 to 9 19 p.m.
A delegation of Long Beach Board of Realtors women joined the California Real Estate Association women’s division gathering in Culver City with several state officials in attendance. Long Beach participants included Ross Colbert, Bonnie Paget, Gale Scott Reed, Ruth Lindquist, Harriette DeMarcus, Gertrude Landsworth, Luna A Jones, Hilda Oliver, Maryinson, Barbara Moss, Jann Waren Schroyer, and DeLoras Davenport.
The Women in Rest Estate club met at Gale Stait Reed's home with active members present. New bylaws were adopted during the business session. Refreshments were served by Ruhs Eveland and Mildred Robinson, and cards were played. The next meeting will be at Bess Colerrt's home at 421 E Seventh St.
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