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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Apr 10, 1955
Page
21
John M. Dickerman of the National Association of Home Builders rejects claims that $75 billion in U S mortgage debt threatens the economy. He argues the debt is roughly 45 percent of home values, mostly long term and self amortizing, and supports home ownership for families across incomes.
Clendon Miller reports the sale of 12 homes on 37th Street in the 4200 block and one at 4007 37th Street. Homes range from 1,179 to 1,375 square feet with three bedrooms or two bedrooms and den, two baths, brick trim, hardwood floors, and modern kitchens. Prices span from $12,350 to $14,450 with features including air conditioning, water softener, and dishwasher on select properties.
Steel- Bilt Products of 2123 4th St. will add about 25,000 square feet to the Commercial Electric Co. and Parris & Co. building at 2014 4th St. The masonry addition with nailable steel trusses costs 5000 dollars and expands warehouse and shop space for both firms. Steel Bilt also erects roof and steel work for the Gore Bros. project on 34th St.
First Methodist Church plans an educational building at 13th St and Ave N with estimated cost 650000. Wyatt C Hedrick of Fort Worth is architect. Two stories plus basement and attic, 252 by 101 feet, face brick with Texas pink granite accents. Construction features include cast stone terra cotta waterproofing steel joists and decks clay tile and built-up roof.
Blackwell Construction Co. has three sites under way including remodeling of part of the former Dunlap store at Broadway and Ave H for Terry-Farris Department Store. The project adds 6,000 square feet on the first floor plus 3,000 more with balcony enlargement. The exterior will feature aluminum front and harmony stone masonry with plate glass windows. Owner is I A Stephens. A second project at 3206 34th St. will house Barnes Builders Supplies in a 1,200 square foot brick and tile building costing about 16 000. A third project at 2313 34th St. by Blackwell for M H Duncan will create two stores over 2,800 square feet in brick and tile with semi glazed display windows, costing about 18 000.
Peerless Pump Division of Food Machinery Corporation relocates to a new building at 2307 Clovis Rd. The Dallas branch office has moved here. The structure was built to Peerless specifications by contractor John E. Blackwell for J. W. Chapman & Sons, owners.
King's Jewelry moves from its Broadway address to 1207 and 1020 Broadway, remodeling to occupy a 2390 square foot store with new departments for silver china crystal diamonds and watches. W W Carlton will run a full repair department. The store aims to be among the most modern in West Texas and is set to open in June.
An addition is being made to the V and N Construction Co buildings at 202 37th St at an estimated cost of 12500 dollars. The project will unite two two story structures, one occupied by V and N and C J Hibbett and Co. Construction will be masonry and steel with a steel deck and full length glass in front. The 4500 square foot addition will be used by both firms, bringing total space to about 17000 square feet.
W. T. Mc Mullen buys two acres for 40000 from Mr. and Mrs. W. R. Hartgrove to support Western Greenhouses on Brownfield Highway. Fortenberry reports land sales totaling 244171 across northeast Lubbock County with multiple parcels exchanged between Looneys Robertson Bazes Perry and others. C. B. Cook buys three lots at 1512 16th St for 18500 with duplex potential. Hower H. Smith sells 14 acres and a brick home near Zenith Ave to Herman M. Maxey for 75000 and Sandidge acquires a new home at 3508 47th St for 16000 with three bedrooms.
Mr and Mrs A F Owens of 1517 34th Street purchased from Mr and Mrs Dick Park a frame house at 4110 32nd Street. Estimated cost 12850 dollars. The dwelling features asbestos siding two bedrooms a bathroom a den and a modern kitchen.
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