TIME Magazine content is available exclusively for TIME subscribers.

Current subscribers for full access. Not a TIME subscriber? .

Business & Finance: Home in Cellophane

Three months ago General Electric Co. invited every architect, engineer, draftsman and designer in the U. S. to submit plans for two types of houses in a $21,000 prize contest. Result: The greatest single collection of architects' drawings (2,100) assembled since Depression logjammed the housing industry. Last week the drawings, suspended from wires like baby's diapers on a laundry line, were put on display for a jury in General Electric's Manhattan building.

The jury of eleven (architects, an engineer, a realtor, and a professional woman) inspected each plan for a small house ($6,000 to...

Quotes of the Day »

RAY KELLY, New York City Police Commissioner, on the arrest of a New Jersey man in one of the nation's most baffling missing-children cases, the disappearance more than three decades ago of 6-year-old Etan Patz.
For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.