Monday, Apr. 04, 1955
New Ideas
GOODS & SERVICES
Self-Lighting Grill. An outdoor cooking grill with an electric coil that will light the fire has been put on sale by Manhattan's Kamkap, Inc. The coil, buried at the bottom of the grill, will light charcoal, have it at broiling heat in less than two minutes. Price: $19.98-$100 Revolving Credit. Boston's First National Bank has started a new-type personal loan based on the revolving credit fund used by business. The bank extends credit to a borrower based on how much he can pay back each month for a year, lets him write checks against it, charges him 1% a month on the outstanding balance and a service charge of 25-c- a check.
As long as he keeps up his monthly payments, the borrower can go on indefinitely drawing checks against his limit. To date, about 2,000 people have been approved for the revolving credit plan (average credit: $450), 100 applications are being made daily.
Colored Tires. White-sidewall tires edged with a band of blue, green or brown were put on sale by U.S. Rubber Co. The color band starts at the outer edge of the white sidewall and runs to the tread of the tire. Price: $16 to $17.50 above present white-wall prices.
Liquid Tile. A liquid plastic that dries into a smooth, hard, waterproof, tile-like surface was put on sale by Ev-R Shield Products, Inc. of Joppa, Md. "Glascote," painted by brush, swab or roller onto porous materials like plaster, plaster wallboard, seasoned wood, concrete or pressed wood, develops a poreless finish that, says the manufacturer, is invulnerable to all known solvents. Price: $14.95 a gal.
(enough to cover 300-400 sq. ft.).
Bermuda House. A portable 9-by-12-ft.
"Bermuda House," weighing 185 Ibs. and made of aluminum screening tightly stretched over a light aluminum frame, was put on sale by Durall Products Co. of York, Pa. Price: $349.50, including canvas roof.
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