South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-04-15
REALTY MEN PUSH
HOME CAMPA|GN
Extensive Advertising to Be
Done in Next Few Weeks
by Board.

The most important Development
in real estate way in South Bend
during the past week was the ar
rangements made at the Realty bu
reau for Buy at Home" cam
paign to start here May l and con-
tinue a week. An extensive adver-
Using campaign will be started soon
advising local people Of the advan-
tages OF having a home Of their
own and local architects, contrac-
tors, manufacturers and wholesalers
will be asked TO cooperate in max
ing the campaign a success. Prize
essays to be given school children
will be used TO arouse interest in
the project
The campaign is expected to
prove a powerful stimulus TO real
estate business i'm South Bend and
IL should result in increasing the
already large amount OF local sub
division property expected to be dis
posed of during the spring and
summer. IL should also help ma
terially to relieve the housing situa-
ton in South Bend.
Board Enthusiastic.
The Realty board will act as a
body in putting on the campaign,
but each dealer will work for him
self in regard TO selling the proper
ties. The entire board is enthusiasts
tically preparing for the campaign
and active committees will work
out every angle of preparations dur
ing the next two weeks.
April realty activities continue
strong. During the last week 90
transfers were recorded in St. Jo-
seph county, something of a falling
off from the record of sales the first
week of the month when I26 trans
fers were recorded but still an ex-
ceptionally good weeks business.
Warmer weather will see a further
impetus to the business here as sew
eral subdivisions are ready to be
placed upon the market as soon as
the weather opens up.
There was only one deal of much
Importance recorded during the
week. William Happ, acting as
agent for the Standard Oil Co, Dur
chased the 66x155 lot at the corner
of Lafayette and Wayne SITS. from
Mary Campeu for the sum of s22.-
600. The Standard oil Co, which
is at present operating the service
station of the property, contempIates
more permanent improvements on
the property within the next few
years.
Push Housing Company.
Final arrangements for putting
before the public the stock or the
100000 housing company which is
expected to be formed here to build
houses to rent were made during the
last week. The sale of the stock of
the company will probably begin
this week. The Studebaker corpora
ton announced several weeks ago
that 1t would subscribe for $4,000
worth Of the stock TO start the sale.
Little difficulty is expected to be
experienced in disposing of large
amounts of stock in South Bend as
similar companies have invariably
been mOney-making propositions.
The promoters of the organiza ton
nave been assured that there are
large amounts Of money in local
banks at the risposal of reliable per-
sons who wish TO invest in the COM
pany. Ii is desirable to dispose of
all the stock in South Bend and
probably only as a last resort will
subscriptions be asked for outside
or the city. There is no investment
before local capitalists at the pres
ent time which is more solid or at
tractive and there is hardly any
thing local investors could do that
would promote the welfare of the
city 10 a greater extent than sub
scribing for the stock in generous
blocks. The housing situation in
South Bend is the most serious prob
lem before the city at the present
time and the growth OF the city will
be seriously retarded If some meas
ure is not taken TO provide relief for
II. As one prominent realty man
expressed il last week: The
growth Of the city during the next
year or so is limited only by the
possibility OF people contemplating
coming here being able to secure
suitable housing facilities"
\ LESSON IN GRAMMAR.
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