Coral Gables Riviera-Times

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Building Inspector Predicts Rise in Costs; Supply Houses, Realty Brokers Disagree

(Continued from Page One) too high, he said. Buyer resistance will keep them from climbing. Except for a slight temporary flurry of price increases, Coombe foresees little chance of a sellers' market developing. He predicted the possibility of what would amount to a black market in scarce materials for a short period, but that it would collapse when prices went too high. Supporting Campbell's views, John A. Lyden, of the local real estate firm of Mickler & Lyden, stated that he was wholly in accord with the belief that there would be an increase in property values and construction prices. Due to the scarcity of labor and the fact that there are large building projects under way in this area, the rise will be substantial, he said.

Rites Saturday For Walter Finn

Funeral services will be conducted at 9:15 Saturday morning in the Church of the Little Flower for Walter Guy Finn, 66, of South Miami, who died Tuesday following a long illness. A former foreign representative for the Studebaker Export Corporation for 30 years, Finn retired and moved to this area. He is survived by the widow, Mrs. Helen Mona Finn; two sons, John and Harold and four granddaughters, Mickey, Donald, David and Constance, of Detroit. Philbrick Funeral Home is in charge of arrangements, with burial in Woodlawn Cemetery.

City May Get Biltmore Links

(Continued from Page One) ing the course for use of its members. The mayor said that should the city get possession of the links, that arrangements could probably be made for veteran patients at the hospital to use the course without charge. Special Rate He also said that the city would probably give consideration to a special veterans' rate which would allow non-patient veterans in the area to use the course at a charge comparable to that levied on local residents. Charges for the use of the Granada golf course by non-residents were boosted to $1.50 for 18 holes, at the Tuesday commission meeting. Non-residents have been paying $1 greens fees, the same as that charged to residents.

Form Realty Firm

Formation of the real estate firm of Petitt and Blanchard, Inc., with offices for the present at 4619 S. W. 15th Street, was announced today. Members of the firm include Richard R. and Clarice B. Petitt and William G. Blanchard, Jr. The Petitts were formerly associated with B. C. de Rothchild while Blanchard was associated with his father in the E. B. Lewis Realty Co.

TO THE VICTOR — Walter Wigman, left, presents the trophy he donated to "Buddy" Hawkins, winner of the Coral Gables Elks Club pool tournament as Exalted Ruler Andrew T. Healy (center) looks on. Hawkins also won a leather encased pool cue which he is holding. —Frutkoff photo

New Course Announced by Riddle College

An accelerated language course, featuring conversational Spanish and orientation in South American background, will start Monday at Riddle Inter-American College, Arthur E. Boudreau, director of the college, announced Thursday. The 16-week course is believed to be the only one of its kind in the United States aimed specifically toward solving the problem of inter-American business relations, and has attracted students who are interested in establishing careers both in the Grentair Miami area and in South America. Through intensified training, the student is able to cover the equivalent of three years of college work in Spanish in 16 weeks, Boudreau said. At the same time, he is instructed in the customs, geography, history and industrial development of South America. Wood is growing in our forests at the rate of about 11,000,000,000 cubic feet per year or about 21,- 500 cubic feet per minute.

Youth Center Named Prime Jaycee Project

(Continued from Page One) residents of Coral Gables are interested in the establishment of a local telephone office because it will be of great convenience to everyone for the purpose of paying bills. Furthermore it will bring to Coral Gables shopping area all of the people who are subscribers to the 4- and 48- exchanges," Turner said. He stated that the club also wished to reactivate the annual horse shows and carry on the Gay Nineties Balls, commenting that it is through successful social functions, enjoyable to all, that the club hopes to obtain funds for civic and charitable projects. Over the Fourth Miss Virginia Seymour of Coral Gables, Miss Marjorie Tredenick and Miss Helen P. Jura of Miami plan to spend the holiday and week-end in Kingston, Jamaica. They will be guests at the Myrtlebank Hotel and will visit the mountains while there.

Extra Inning Game Opens Ball League

(Continued from Page One) Firemen are pitted against the sailors from the Naval Air Station. On Tuesday night, as Sports Shop and the Elks open the evening's play with Granada Cafe and National Airlines in the second game. Rogers In Opener Wednesday night's crowds will see Rogers and CYO in the first game and Carl's versus Granada in the second. On Thursday the South Miamians are slated to play Taylors and Delta Airlines, Rogers Electric.

Accept Lowest Bid On Youth Center

(Continued from Page One) L. Semple that it could not commit future commissions to a 10-year program of $5,000 annual appropriations, the city fathers passed a resolution approving such a program and urging future commissions to continue the grant. Morgenthaler told the commissioners that the Youth Center had $15,000 in cash in the building fund and that unpaid pledges amounted to $24,000. At a special meeting on Monday the Youth Center board of directors authorized Morgenthaler to negotiate for a loan providing interest did not exceed 5 per cent nor the loan period 20 years. The first city appropriation to the Center's fund is contained in the current budget as a $5,000 item for recreation. The western states lead in volume of timber.

Zoning Change Open Hearings Are Announced

(Continued from Page One) through 35, Block 15, Biltmore section, from residential to duplex. Commission Approves Other action of the zoning board gaining commission approval on Tuesday, included: 1. Approved rezoning of lots on Campo Santo facing University campus, from residential to duplex use. 2. Disapproved a request by Howard B. Knight to build a one-story duplex on lots 9 and 10, Country Club section 6. Change Denied 3. Disapproved a request by J. L. Fralch to change the zoning of lots 29 and 30 Welbon subdivision, from residential to commercial use. 4. Approved a request of the Riddle Realty Co. for the construction of a bakery on Avenue Giralda, lots 33 and 34, Block 27, section K. 5. Approved a request by Lee Gebhart to use two engraving machines in connection with his taxi office and stationery supplies of the H. and W. B. Drew Co., at 2312 Ponce de Leon Boulevard. Temporary Permit 6. Gave Joseph A. Zeller a temporary permit to operate a filling station in connection with his taxi business at 3703 S.W. 8th Street, pending the erection of the proposed theater in that location. 7. Approved a request of J. L. Emery, Jr., to replat lots 15 and 16, Tamiami Place No. 3, to face west on Wallace Street instead of south on Avenue Pinero. Clinic Approved 8. Approved a request by Dr. F. P. Poppe to erect a clinic on the south side of Avenue Minorca, near LeJeune Road. 9. Approved a request by L. H. Gross to construct two duplexes on the northeast corner of LeJeune and Bird Roads. 10. Approved a temporary beer and wine permit for the barge "Atlantic," anchored in Biscayne Bay. 11. Decided to hold no meetings of the zoning board during the month of August.

Gas Franchise Nears Approval

(Continued from Page One) mately two years to install the plant and main system once the franchise is approved. City commissioners agreed to a "war and act of God" clause in the event construction was upheld by events beyond the company's control. Group Plans Meeting Group 1 of the Woman's Association of the First Presbyterian Church will meet at 11:30 a.m. Friday, July 11, at the home of Mrs. Fred A. White, 1029 Avenue Seville. A box lunch will follow the meeting. At Highlands Hammock State Park there are forests with trees 100 feet high with trunks as large as 31 feet in circumference.

Gum Machines Will Bolster Kiwanis Fund

(Continued from Page One) club at the Country Club of Coral Gables, the Kiwanis heard Charles Stewart, baritone from the original cast of "Oklahoma," sing several selections. Shelby Gaskin was program chairman. Stewart, who plans to locate here permanently, will be the next soloist on the Philharmonic concert series. He told the club that very little is being done in this area to aid young people with vocal talent and that he hopes to accomplish something towards creating more opportunity for them here. The Chipola River runs through Florida Caverns State Park.

LANDSCAPING by MANGUS LANDSCAPE NURSERY

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ST. PETERSBURG :: FLORIDA Florida's only resident Military Academy with Junior R.O.T.C. Unit. Member: Southern Association of Colleges and Secondary Schools, Association of Military Colleges and Schools of the United States. Highest Government Rating. An Accredited University Preparatory School. Limited Enrollment. Separate Junior Department. For Information Address Col. Walter B. Mendels, President Florida Military Academy, St. Petersburg, Florida Florida's Leading Military Academy Established 1908

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A Coral Gables Institution CORAL GABLES FEDERAL Savings & Loan Association 2501 PONCE DE LEON BOULEVARD PHONE 4-7627 STATEMENT AS OF JUNE 30, 1947

Officers George B. Caster President Rodney Miller Vice-President Inman Padgett Vice-President Marion I. Schultz Treasurer Dorothy S. Bonner Secretary J. A. Garvey, Jr. Asst. Secretary Directors Hollis Bush George B. Caster Richard B. Killen Rodney Miller Inman Padgett Denis V. Renuart Marion I. Schultz John C. Sullivan ASSETS First Mortgage Loans | $5,357,341.17 Loan on Passbooks and Certificates | 10,416.10 Federal Home Loan Bank Stock | 40,000.00 U. S. Government Bonds and Interest | 583,116.45 Cash on Hand and in Banks | 547,150.65 Office Building and Equipment, Less Depreciation | 22,717.88 Deferred Charges and Other Assets | 2,492.80 TOTAL | $6,563,235.05 LIABILITIES Members' Share Accounts | $5,978,027.12 Loans in Process | 193,103.28 Other Liabilities | 22,026.00 Dividend Payable—July 1, 1947 | 64,673.21 Specific Reserves | 1,026.03 General Reserves and Undivided Profits | 304,379.41 TOTAL | $6,563,235.05 GROWTH IN RESOURCES June 30, 1935 | $ 49,120.96 June 30, 1940 | 1,162,760.38 June 30, 1945 | 2,949,546.40 June 30, 1946 | 4,566,642.29 June 30, 1947 | 6,563,235.05 Current Dividend Rate 2 1/2 % Per Annum Savings Accounts. Funds invested on or before the 10th of each month, earn as of the 1st of the month. Each account is insured up to $5000 by the Federal Savings and Loan Insurance Corporation. First Mortgage Loans. To buy a home, to refinance an old mortgage, for new construction, repairs and improvements, or to obtain funds for other needs. Chartered and Supervised by the United States Government MEMBER Federal Home Loan Bank • Federal Savings and Loan Insurance Corporation