The Central New Jersey Home News from New Brunswick, New Jersey • 23

Sunday Home News I business finance i 4 'A mi mmm mm mm mm mm mmm mmm mm mmm mmm mm mmm mm real estate NEW BRUNSWICK, N. SUNDAY, FEBRUARY 3, 1963. 23 news 11 1 a ect of De Gaulle Action Not Yet Fully Assessed Secretary of Labor W. Willard Some authorities said the world NEW YORK (AP) France's breaker in the profits column. It cleared $452 million, or $9.60 a corporate earnings reports reflected an improving economy.

And topedoing of Britain's entry into Wirtz said they would help prevent the unemployment total from rising by 1.6 million by 1967. I the Kennedy administration commodity agreements for international control of production, exports and prices may be out the window. the European Common Market The committee was told by Sec Industrialists indicated there may have to be some revision of thinking on how to tape the Common Market. Those already with plants in the market area weren't worried. Indications were that President Kennedy's trade expansion program will have to be re-evaluated.

Britain as a seventh partner in the Common Market. Door Closed Some had envisioned Britain, where U.S. investment in plants exceeds $3.5 billion, as a door to the lush markets of Western Europe. Now the tariff barriers will remain up. retary of the Treasury Douglas share, compared with $418 million, or $8.88 a share, in 1961.

On the other hand, earnings of U.S. Steel Corp. sank to a 10-year low. The company, which failed in an effort to boost steel prices last April, earned $163.9 million, But the most widely held atti plugged hard for its tax-revision program. International-minded U.S.

businessmen got a rude shock when French President Charles de-Gaulle turned thumbs down on was the big development during the week but the effect on American business has yet to be fully assessed. On the domestic scene, good tude appeared to be one of wait and see if pressure from the tool bookings, attained a record peak in December, bringing th 1962 total to $713 million, up $28 million from 1961. Steel production slumped about three per cent during the week' after three straight weekly increases. The output of 1,863,000 tons compared with 1,915,000 tha previous week. However, the industry expected a gradual increase in the months ahead.

Hedge buying against the possibility of a strike was reported spreading. Automobile production zoomed along with an estimated output of 655,000 cars during the week, five other members of the Common Market West Germany, It Dillon that the Kennedy admini-istration can handle the deficit arising from a tax cut without inflation or a -dangerous imbalance of international payments. The government reported that in January unemployment in or $2.56 a share, against $190.2 aly, Belgium, the Netherlands, and Luxembourg plus that of the United States may yet get the British in. creased by 855,000 to 4,672,000 GM Leads Profit Parade million, or $3.05 a share, in the poor year 1961. Earnings of the No.

2 steel producer, Bethlehem, fell to 15-year low. Thres Cabinet members thumped for President Kennedy's tax program in appearances De-fore the Senate-House Economic Committee. Called 'Probusiness' The parade of corporations re SSf to 65,935,000. This was not unexpected because of the time of the year. Investment in new construction 4 porting sharp increases in earn ings for 19G2 was led by General Motors, which piled up the high- est profits ever made by a cor poration in one year.

The No. 1 climbed in January, ending a two month decline. The one per cent advance lifted the January, ending a two-month decline. The. one per cent advance lifted the January level to an annual rate of 562.6 billion against a record of Secretary of Commerce Luther H.

Hodges described the tax reduction and revision proposals as auto producer earned $1,459,000. compared with 151,562 the previ ous week and 138,409 a year ago. Briefly around the business scene: U.S. exports exceeded imports by $20.8 billion to $16.4 billion in 1962 Domestic trunk and all-cargo airlines set a record of 555.9 million ton miles last year, a gain of 20 per cent over 000, equal to $5.10 a share, com pared with $893 million, or $3.11 "a probusiness program de share, in 1)61 Its sales rose $63.1 billion in October. to $14.6 billion against $11.4 billion signed to improve the profit position of American business and provide healthy incentives for the previous year.

irl At Record Peak Another key indicator, machine Du Pont was another record- il961. 1 J-: ih'-i'h A SELL PARK LAND FOR APARTMENT Sale of one of Highland Park's Edison North, 45-Home Tract To Be Opened This Weekend EDISON Edison North, a' split-level home, is priced at community, has built community adjoining the Ash-990. Four large bedrooms (includ- more htan l.ooo homes in New Jer-brook Country Club and situated master bedroom) and two sey. Most recently their commun-off Rahway Avenue on the Scotch full baths with stall shower ities have included Wayne Forest, few remaining sizeable plots of land has paved the way for proposed construction of a garden apartment. The tract, extending from S.

1 2nd Avenue to Felton Avenue north of Harper Street, has been in the master bath are all on; a 71-home community in Wayne. purchased by Jack and Isaac Levy Plains Edison Township line, builders, from the estate of the makes its debut this weekend ac- Construction features include: NEW GARDEN APARTMENT Living room with section of dining area, left, and entrance to kitchen in furnished model at Menlo Park Apartments offering immediate occupancy one block from Route 1 en Edison-Woodbridge line. Colony of 222 three-, four-, and five-room suites from $115 per month combi nes garden-apartment and multi-story luxury features in ten 2Vi-story Colonial buildings, according to Goldman Builders, cf Union. one level for convenient family living. late George W.

Conover. cording to an announcement made A 25-foot raised living room. A wooded area, it extends for by the Cedarcroft Development copper plumbing, wooden double hung wiivlows. tile in baths, walls and floors, Formica counter top work areas, birch kitchen cabin- 17 foot dine-in combination kitch 243 feet along S. lnd Avenue and of South Orange, builder en and breakfast room, formal 164 feet along Felton Avenue, of the 4a-home tract Activity in January Pushes Sales to 63 at Fox Hill Run Edison North will feature two dining room with sliding glass ets, exhaust fan.

Rhccm glass with an approximate depth of 360 feet. wall-doors leading to rear garden, lined hot water system, Briggs finished family room, downstairs color-coordinated plumbing, oak The Levys, builders of garden way and New Jersey Turnpike. model homes which will be available on full half acre lots, completely landscaped and with city water facilities. lavatory, two-car attached garage, and parquet flooring, full insula- EDISON Sales activity duringjby Leonard Scndelsky of Colonia January has upped total homes; who is showing Colonial-designed sold to the 63 mark at the 74- split-level, bi-level and 2-story The community also adjoins the separate laundry room and stor- tion, overhead garage doors, ma- Roosevelt Park. apartment projects Edison and North Brunswick, plan the construction of a garden apartment development.

Tentative oadam driveways, closet and stor The Edison, a bi-level, is priced age area adjoining the kitchen. homes priced from $21,490 to Fox Hill Run offers four models in Colonial design. Included is the at $21,990. It includes three bed The homes, which offer 7 to 10 rooms, l'l, 2 and 2'i baths, and 3, 4 and bedrooms, are being built on fully-landscaped plots 75 by 100 feet and larger in a suburban area close to all facilities. 30 Homes Delivered Sendelsky has already delivered homes to 30 buyers and expects house Fox Hill Run community being developed in the Roosevelt Park section of Edison Township just north of Route 1.

490. The homes can be purchased with 10 per cent down, 30-year Bromley and Ardslcy split-levels, age space, and 100-amp electrical service. Brounell Kramer are the exclusive sales agents. and a center spiral staircase which leads to the bedroom level are all incorporated into the Ash-brook. Spiral Center Stairway the expansible Cornwall bi-level, plans call for a five unit project, according to plans due to be submitted to the Planning Board next month.

rooms (a fourth is available as an optional feature), a 23-foot family room with sliding glass doors leading to the rear garden. financing through Jacobson, Gold-farb and Tanzman Co. of Perth The 74-house community in West and the Drew 2-story. Grand Avenue is being created Umboy. Featured is the 4-bedroom Drew Sale of the property was by the The sniral rpntnr is a large dine-in kitchen and break Rantan Valley Agency, with Mrs.

to move about 20 more into the 2-story model with an exterior tract this month. Fox Hill Run of brick and cedar shakes and ah offers homes in an area close' overhanging roof supported by Freda Sehultise and James F. fast room with complete built-in kitchen features. Straight-Line Design The modern straight-line design Johnson as brokers. ALL TYPES OF LVSUKAXCE HY d.

carl Mccormick, inc. a unique feature in a split level, and adds potential for highly dra- Gft matic decorating ideas. 1 The interiors on the model homes were conceived and decor-j ated by Theodore Weiss. The to the Menlo Park Shopping Cen-four white Colonia! columns. It ter, golf courses, schools, houses is priced at $26,490 and has 8 of worship, public transportation, rooms.

2'i baths and a 2-car DP You Need Mortgage Money te Buy, Build or Refinance Your Horn See ROSE OF THE YEAR The much-honored new rose theme is the highlight of the formal dining room and the living and both the Garden State Park-! garage. 94 BAYARD ST. INSUROR Tel. CH 7-7411 Tropicana, has another title, 1963, room. Three baths, a large two- homes were designed by the arch itectural firm of Miller and Mas- Garden Apartment Project to to low.

Conventional 30-year mortgages Rose of the Year. This was an- car garage incorporating two scp-nounced on the basis of a poll'arate storage areas and side of 10,000 home gardeners through- service entrance leading upstairs out the country. The orange-red, to the kitchen and down to the are available at bdison north A SAYREVILLE SAVINGS S9 MAIN 4-M00 REAL ESTATE INSURANCE Of All Descriptions Of All Kinds JOS. LOTZ, JR. Realtor Insuror In Bridgewater Is 60 Rented hybrid tea rose already had won 'family room rounds out the Edi- with 10 per cent down.

13 awards in nine countries, in-j son. Cedarcroft Development Corpor- to The Ashbrook, a conventional ation, which is creating the Edi-iS SSSSSSSS cluding All-America honors. MITCHELL AVE. lit. IKS KAMEB S-ttH ttTTl CTTT 1 1 1 f.

BRIDGEWATER Constructition antenna and telephone outlets; of Grandview Gardens, new gar-and tenant choice of pastel color den apartment colony at 82-106 interiors, in Finderne has now been The Grandview Gardens single completed and is 60 per cent duplex apartments rent at rented. $124 and $149 a month, respect- Most of the new tenants, largely ivcly. Model apartments are open professional people employed by for viewing. Rentals are being the local divisions of national in- handled by the Garden State REAL ESTATE Appraiser Consultant Negotiator NICHOLAS FRIDAY, RI.A.I. t3 BAYARD STREET CHarter 7444 CDC dustries, have moved in, with the Realty Co.

of Somcrville remainder expected to occupy within the next two weeks. The designers of Grandview Gardens have arranged the 13 Senior Mimbir Society Rtstdtntia! Approlisrs WILLIAM F. COX, SRA 93 BAYARD ST NEW BRUNSWICK II 54644 REAL ESTATE NEGOTIATORHOUSING CONSULTANT buildings, consisting of 72 single Only 9 Homes Left In Edison Oaks EDISON With the purchase of fine homes to date this year, only nine homes remain to be sold at Edison Oak; at Oak Tree, reports Cali Associates, builders and duplex unit suites, around a center landscaped oval mall. The parking area surrounds (he buildings and leads directly into Fin- A 1. "-iew building, all have.

f- 'd" r1. Offered here are five models ment and areas laundry rooms. Individual apartment features include walk-in closets; tile bathrooms with built-in vanitorics; kitchens with built-in dishwashers, refrigerators, oven gas ranges and natural wood cabinets. In addition, all suites have individually-controlled air-conditioning and heating; master T. V.

to one half acre in size with all city utilities. The homes are priced from $20,990 with terms including 10 per cent down payments, and 30-year mortgages. Displayed are a ground entry split level with a 210 square foot recreation room priced from Other models include: the 4-bedroom New Englandcr split priced from the Jefferson bi-level priced from the Attention INSURANCE AGENCIES BROKERS WITH ACCOUNTS FOR SALE Pleas outline the approximate total as written premium by mode and carrier. Reply in strict confidence to Box E-53, Daily Home News. APPLYING MULCH Mulch is best applied when Nv" ff vy Limited Tims Only SEASON SALE, Jr-JJl FULL 16'x32'-3 FT.

TO 7 FT. DEEP ndodes s. Everything You Need! 'flJ. i V. ri Tj A mtFi l.

wl plants are about four inches tall i brick-front colonial model at 900; and the Mayfair split at and when the soil is moist. About two inches of mulch is sufficient. Effective materials include saw The homes were designed by dust, hay, straw and peat. Avoid, S. Putter, II; Ballon of Jacob-Goldfarb, and Tanzman is materials that contain weed and son, grass seed.

in charge of sales. TIDE CiDE at s1 5,490 As little os 5S0 DOWN for Qualifitd f.H.A. Buyrn There is no longer any commu Can be installed in 3 days! InMilli In krrrt II Venroir tit Itrrtm Pli -ollltif tf tlrp ilk f.llow lttni mi Imirartlxia ahkh mil ftftr pmt. Ikl it Ilmlu4 flrr! Rrt rmt rl tirt4 lull! 5 POOL SKIN EASY TO DOWN YCARS TO PAYI GUARANTEED for TEN YEARS FILTER SYSTEM nity in the metropolitan zone offering Middlewood's advantages. f.UBBLGUJOOE) IN OLD BRIDGE, NEW JERSEY i Attractive, Established MADISON TOWNSHIP txhibit homes open every day Clifford 7-6680 THE 3-BEDROOM RANCH at $16,490 ALSO ATTRACTIVE BMEVELS and SPLIT-LEVELS AVAILABLE You'll have to pay more and travel greater distances unless you Act Now! Eighty per rent of our homes have been sold; 132 families live here; only a small group of homes remains.

DIRECTIONS: From New Brunswick Circle, lu. 13 eastbound and continue to property in Old liridce. watch for signs. lowrsrMKU I count nut KM COO km nut ic ALL HARDWARE I I I Pleat lupply 01 ith inforiraiion. Thit coupon will not obligate in ony woy.

)RKAM KX)I 84 Paterson New Brunswick, N.J. I I I I 6-2900 Out of Town Calf Coltcf Addmi I I ft BRUNSWICK, N.J. x-Hsieail 14 PATERSON NEW.