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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Dec 30, 1956
Page
3
Sales of residential properties slowed this week due to Christmas holidays with several purchases in the area. Buyers include W. T. Medley Subtex Inc 271 Gist St Ernest L Canady 4501 43rd St Robert H Colter 56 Ave B and more, totals and prices vary with several homes described by construction type and features.
Johannesburg December 29 Mrs Anne Elizabeth Van Vuuren 78 mother of 33 children says large families could cure many world evils. She notes she was one of 25 children and married at 20. She believes big families are better adjusted and view life more reasonably.
A survey of over 100 financial executives forecasts the wholesale price index rising to 122 by midyear and the industrial production index to 151, with analysts noting that “normal” progress is hard to predict amid inflation and tight money. The range spans 110 to 122 for prices and 125 to 151 for production, reflecting mixed sentiment across industries and banks.
Lubbock Home Builders Assn president Cecil Jennings predicts a strong Southwest residential building trend in 1957. He notes national starts around 1 150 000 units and says Lubbock should share in the growth, with local contraction at a normal season. The pace depends on Congress action on veterans loan rates early in the year.
Ninety-two women delegates at a Housing Congress discuss preferred home layout for middle income families with children. They favor three bedrooms a rear entry laundry and a kitchen adjacent dining space, with a flexible living area for meals, work and recreation. The report outlines cost-saving options and optional basement or garage.
Benton Oil Co acquired two sites for future gasoline service stations in Lubbock. One site at 37th St and Ave A in Rose Putty addition cost about 18500, the other at 34th St and Peria Ave cost about 30000. Construction expected to begin within 50 days, with Benton operating 17 stations locally.
Coast Guard announces nationwide exams for the Coast Guard Academy with tests Feb 25 26 in the 8th District. Applicants aged 17 through 21 who are high school graduates or seniors must have 15 units including English algebra geometry and physics.
Dr. and Mrs. T. A. McIlroy won the top prize of $3,000 in furniture. Ralph Strum of Amarillo took $2,000, J. H. Davis of Amarillo won $1,000, Capt A. J. Grover received $200, and Oma Wricht of Fort Sumner earned $500. Additional $100, $50, and $25 prizes went to numerous residents across Lubbock, Plainview, Amarillo, and nearby towns as part of the $10,000 contest. The firm operates stores in Amarillo and other Panhandle Plains cities.
The past week saw fewer building permits as Christmas holidays and contractor choices paused new starts. Clawson Building Co began three houses in Pleasant Ridge Addition at 5008 5016 and 5015 18th St each costing about 25000 with 1750 to 1850 square feet, brick exteriors, three bedrooms two baths a den kitchen or den living room, separate living and dining areas, double garage and central heating with some air conditioning.
Report predicts 1957 heavy construction will crest just above 1956 at about 23 billion dollars with a 105 billion dollar backlog of planned work. Architects’ offices see projects entering design stages much faster, while highways and bridges gain speed due to new federal financing.
A permit was issued to Claude Martin & Son for a new Lubbock Boys Club house at 3717 42nd St valued around 19000. Also granted was a permit to Montie Bunch Construction for a house at the same address. Details note rising costs and shifts in housing figures amid 1950s construction trends. The piece also references labor wage changes and material price increases, with broader economic notes on per capita cost adjustments and Soviet Arabic magazine distribution plans.
The City of Lamesa and Dawson County paid Raymond Orson $12 600 for 68 56 acres for the city county airport two miles east of Lamesa on North Seventh Street. Half the $27 426 80 total price will be funded by a federal grant via the Civil Aeronautics Administration.
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