Independent Press-Telegram from Long Beach, California on January 4, 1959 · Page 92
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Independent Press-Telegram from Long Beach, California · Page 92

Long Beach, California
Issue Date:
Sunday, January 4, 1959
Page 92
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2-INDEPENDENT-PRESS-TELEGRAM ION* IUCH it, cuif. tamn, UN. *. IM* $72 Billion Construction Possible for U. S. in '59 Many Optional Items tor Cars Fail to Win Approval Bj JACK VANDENBEBO of numerous items which were to heat the passenger com- success before they lost popu- In some cases, these devices DETROIT (UPD-- The auto once °' fere1 motorists but have partment of an automobile larity while others never gained m *V come back later with fur- companies are reporting unus- 5ied out m recenl years. within a minute on cold morn- enough fame to rate a second WASHINGTON (UPI)-Con- |truction volume in 1959 stands a po'd chance of hitting 72 billion dollars--a 6 per cent increase over this year, an industry group predicts. The Associated General Contractors of America reported that construction spending set new records in 1958 despite the business decline. It totaled nearly 68 billion dollars, marking the 13ih straight year the spending level increased. ··The 1959 forecast predicte $52,200,000,000 will be spent o new construction and near! $20,000,000,000 on maintenanc and repair. .If predictios are borne ou 1959 "should signal the start o a .. new era of constructio growth along with a general! prosperous economy," the re port said. * * · * /A 16 PER CENT rise in pub lie construction with the accen ojiihighways will dominate th 1959 picture, the group said afljl .added: "In the private sector, a mod eraje advance in residential ac tjylty and continued high level of'commercial and public util ity' construction should mor than offset a further slide in in dustrial building and a sligh drop in farm construction." -"Here is a breakdown of thi 1359 outlook: -^Residential--a 7 per cent in crease to 519,100,000,000 in pi vate*, residential construction nnd '-another billion dollars in public housing with 1.190.00C new units started. . .-Commercial--should continui atithe peak level of $3,600,000, 000 with brisk activity in chain Itores and shopping centers. . -Religious--construction ma. hit the one-billion-dollar marie fTOr.the first time with a possi- ble,l5 per cent increase. Farm--construction expected to dip slightly to $1,500,000,000 * * * * PUBLIC UTILITIES--should hold close to their high levels a"ri'd 'possibly increase slightly to $5,500,000,000. ;'Trtdustrial -- building should decline at a reduced rate to ?2;200,000,000 because fewei projects have been planned However, a pickup in capital expenditures next year will lay ual success this year with a number of items which ai offered as optional equipment- ings, chance. In some cases, these Chrysler Some of these enjoyed brief options were outdated by further improvements in automo- first offered the :i in 1956. It sold hundred" units SECURITY HOMES Per Cent of Unit Has TMBeen Taken l^Ceading the New Year trend for increased home sales, Security Homes are now 60 per cent sold out, although models of all floor plans are still available in this Westminster community. All. homes feature wall-to- wall carpeting in hall, living room, entry and master bed- ropjTi;. plus a space-planned kitchen with built-in range anc oven, garbage disposal, nnd dining nook. Unique 3- and 4-bedroom, 2- bath - Security Homes are on 7200-square-foot lots, or larger Six- original floor plans are offered. Interior features include: a c o u s t i c a l ceilings throughout, American Standard rJliimbing, aluminum screens, flpor-to-ceiling sliding glass doors. -T- :: * * * * NOX-VETS CAIf move in for as'low as 5195 down plus low costs. Full price is 512,500. Model homes may be reached from Los Angeles by driving out Santa Ana Freeway to Ar- tcs'ia Ave. turnoff. Follow Hwy. 39 to Garden Grove Blvd., and turn right to Edwards. Left on Edwards to the homes. ·'Fr'om Long Beach drive east on 7th Street to Edwards. Turn right to model homes. Here's Correct Pronunciation By Associated Pieil _;Here is a key to the pronunciation of names in the news: U.S. senator Beall of Maryland--Bell. Oriente Province, Cuba -- OJir-yehn-tay. Manzanillo, Cuba -- Mahn- rahn-eel'-yoh. Alex Olmcdo, U.S. Davis Cup player--OhI-may'-doh. ' Soviet deputy premier Mikoy a\ t ' due in Washington soon-- Mec-koy-ahn'. Can Industry Outlook Good NEW YORK Wl-The prcsi dent of the American Can Co. predicts continued gains for the metal can industry in 1959. "Our forecast of continuing improvement is based on anticipation that demand in 1959 will remain strong for most food and non-food cans," said Wijliam C. Stolk in a year-end statement. 'He added that the industry txpecls important gains for pressure cans in the non-food container field. the foundation for a rising volume of business in 1960. Highways -- construction expected to increase more than 15 per cent, reaching $6,200,000,000. A continued advance is seen for the next three or four years. Schools -- construction may total 53,100,000,000. This would be 8 per cent over 1958 with 74,000 to 75,000 new public classrooms provided. Sewer and water facilities -will continue to advance, reaching 51,500,000.000. Military -- construction, with missile bases pacing the way, will increase from $1,200,000,000 level this year to $1,500,000,000 in the next 12 months. Conservation and development--should climb to $1,100,000,000 because of increased activity of the reclamation bureau and corps of engineers. but little is heard of some of the options offered in the past. Whatever happened, for example, to the highway hi-fi offered by Chrysler Corp. on its 1956 model cars? Or whatever happened to "pressure-lube," the device which Mercury offered to allow a motorist to lubricate his car merely by pushing a button on the dash board? These are only two examples be losing popularity. This group includes such things as fuel injection engines, dropped by Pontiac this year; seat belts, still offered by Ford but not winning widespread approval from motorists; air suspension, which has been modified on some ears and dropped altogether by others. Glass-topped automobiles also belong to the vanishing race, along with captive air tires and a little device offered last year 'Mr. Crook' Shows His Nam* Correct NEWCASTLE - ON - TYNE, England (UPD-- Henry -Holland, 38, was sentenced to four months in jail after he told a court he had lived at 31 hotels without paying a bill and had stolen from five of them. Holland said he usually registered as "Mr. Crook." biles. * · · · A GOOD EXAMPLE of this is the "curb feelers," little wire antennas which made a harsh noise when they came in contact with the curb, warning the driver that he was close enough. These devices, offered by supplier firms but not by the industry itself, disappeared about the time power steering became popular. that year and, although it was still available in 1957, Chrysler failed to push them after that One example of an optional item which may be on its way back is the gas heater, which was used by Ford in the 1930s but died out after World War II. Several companies are now considering a gas heater because it heats the passenger compartment more rapidly than not water heaters currently in use. NOW! NEW 282-HOME "AMHERST" UNIT OPENS! Every home in this beautiful new unit is an all-electric Medallion Home. Purchase price includes an all-electric kitchen with major appliances built-in; lighting for beauty as well as illumination, full House-Power for the electrical appliances you need today and tomorrow. Because only a Medallion Home will stay electrically modern in the all-electric future, your resale value is protected. Select your fashionable new address in Southern California's Smartest Community--today. Famous FRIGiBAIRE "DOUBLE OVEN" KITCHENS yon won't find in many $45,000-$50,000 homes! A M E R I C A ' S F I R S T

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