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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Jul 04, 1948
Page
13
A national AR EB survey of 208 cities in 48 states shows general price increases for new homes and improved sites, while older houses decline in many markets. Long Beach reports lower prices for homes over 10 years, and rising costs push new home prices upward with expected continued gains in the near term.
Plans filed with the Department of Building and Safety show First Lutheran Church on Linden Ave at 10th St will erect a two story steel frame social hall and office building valued at 50000. Architect Jess J. Jones designed a 50 by 80 foot main hall with potential for games and a small stage, plus a kitchen locker shower area and several offices. Also listed are residential permits for a C W McMullen home at Burlinghall Dr and other planned structures including a 20000 duplex on 368th Pl and a 15000 Redwood two story house on 626th Pl.
Purchase reported transfer to Thomas A Powers by Jessie D Stone and Marshall G Stone executors under L G Stones will. Reported consideration includes furnishings and fixtures. Survey notes housing market shifts with higher prices in many cities and strong demand for immediate possession though vacancies and completed homes vary.
The Wilmington field saw two productive wells add 6735,630,000 cubic feet and barrels to its daily royalty yield last week. Richfield Oil Corp brought in A-6 with 400 barrels of 19.3 gravity oil from the Ranger zone, and Long Beach Oil Development Co completed No 121 on the Z tract with 275 barrels of 20.8 gravity oil from the Sun Oil area.
E B Pullman of Houston at 91 remains active climbing flagpoles in his yard. A former hands-on erector of many Houston smokestacks, he helped fix a halyard on a 50 foot pole after it slipped, proving his enduring climbing skill despite semiretirement.
Baltimore July 3 plans emerge for installing scientific weather instruments in lobbies of prominent new structures. L D Kiley of Bendix Aviation Corp notes the lobby devices will provide up to date data at a glance, following prewar examples in New York Boston Des Moines and other cities.
Leland P. Reeder of Beverly Hills, chairman of the education committee of the National Association of Real Estate Boards, will address the Long Beach Board of Realtors at a breakfast Tuesday morning. About 100 new members will be initiated, including 28 brokers. Barbara Moss will lead a postmeeting indoctrination school for new members at the board offices.
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