davidaulloa/AmericanStories huggingface dataset:
Evening star., 1953-11-19

stock, President Irwin L. Siegel
announced today.
The dividend will be payable
November 80 to stockholders Of
record November 20 and is the
same as paid August 81. In its
first public stock offering, the
company sold $1,000 preferred
shares in June.
Progress in Cooperation
The District Association of In
surance Agents has made great
progress in bringing together
local independent casualty and
property underwriters to meet
common problems, President A..
L. Jagoe declared at the associ-
tion's annual banquet at the
Mayf1ower Hotel last night.
The associations membership
has reached 216 and is more
than double the total for just
six years ago, he reported.
Cooperative advertising to ac-
quaint the public with various
services offered by individual
firms has proven itself and is
steadily expanding, he said.
Elected by Institute
Robert w. Kidwell, well-known
Washington appraiser, was elect
ed a member of the American
Institute of Real Estate An
Evening star., 1953-11-19


ual Building Association.
He also is an associate mem
Der of the Washington Real Es-
tate Board and the Society Of
Residential Appraisers.
Attraction for Tourists
A tourist attraction that will
draw thousands of visitors here
will be the combination of the
Cherry Blossom Festival and the
first Annual International
Travel, Sports and Vacation
Show, both events to be staged
during the week March 27
through April 4.
The International flavor of
the show will manifest itself
in the many exhibits of prod
ucts and the services that will
be on display by many of the
nations of the world.
Evening star., 1953-11-19
NovEMBER
RUBBER PRODUCING FACILITIES DISPOSAL COMMISSION
Inritnt for
Invitations for Proposals

Pursuant TO the Rubber Producing Facilities Disposal Act of
2Oo $50 Congress- lst Session, approved August T. 1881
me kuooer PRODUCING Facilities Disposal Commission announces
tam instances indicated below the ease) of properties and
facilities described below hereafter collectively referred to
the facilities Such proposals may submitted
at any time beginning November 25 1853 through May 1854
unless extended by the Commission upon adequate noce at the
Omce OF the Commission, 81 Vermont Avenue Washington 25
Detailed information concerning the form of proposals and
ne manner which they to be submitted may obtained
from the Secretary of the Commission upon request
FACILITIES: The facilities offered for sale consist of "a nants
Tor the manufacture of butadenesyene type rubber RS
plants for the manufacture of buy (GR plant for
tne manufacture of Styrene plants for the manufacture of
oulaone plant for the manufacture of dodec mercaptan
Evening star., 1953-11-19

father, the
late H u g h
Reilly, found
ed in 1888, il
was ANNOUNCE
ed today. Mr..
Thomas sue
ceeds John j.
Kehoe, who
resigned re-
Gently.
His father,
F ra ncis D.
Thomas, we'll
known patent
attorney and
member of
Evening star., 1953-11-19

In addition the foregoing are offered for sale or alter
navey for lease plants for the manufacture of buadene from
alcohol located respectively Louisville Kentucky and Kobuta
pennsylvania The plant at Louisville Kentucky Pancor 1907
has been operated and is being maintained standby by
Union Carbide and Carbon Corp
$1,000 short The Kobuta Pacor
has been operated and is being maintained standby BY
the Koppes Company Inc and has capacity of
short These the only facilities offered for
The Commission will entertain proposals for the leasing these
plants promptly and advance of consideration of disposal of
the other facilities Such leases may for than nor
than Proposals for the purchase of these facilities
will be received in the prescribed for the pur
chase of the other facilities.
The Rubber Producing Facilities Disposal Act of 1853 pre-
ScrioeS DETAIL we'll generally procedura substantive
standards which the sale of these facilities by the
Disposal Commission is TO be efecuated To facilitate compl
with these standards the Disposal Commission has prepared
Instructions the Submission of Proposals which
requirements of the Commission respect such proposals
and copies thereof will be available upon application the
Secretary of the Commission Subject the foregoing the fol-
lowing additional information concerning the program of sale
announced:
CONTINUED OPERATION OF PLANTS As condition
to ae the Commission required be satisfied that the propec-
tive purchaser actually intends the facility facilities
the of synthetic rubber
materials The purchaser also comply with
the of National Security Clause having terms cond-
onS restrictions and reservations which will the prompt
availability of the facilities, facilities of equivalent capacity
as thereof for period of 10 from the date of the
In with these requirements while the Commits
sion will entertain proposals for the acquisition of portions of the
productive capacity of particular facilities further discussed
in the Instructions for the Submission of Proposals. will
HOLMAN D. PETTBoNE Dr1DDru
LESLIE r. ROUNDS, NoDDGN
EVERETT R. Cook,
Commissioners
Evening star., 1953-11-19
Page PTA to Hear
Discussion on Speech

Miss Claire Christman, direc-
tor OF the Arlington Schools
Health Department, will mod
crate a discussion on School
Speech and Hearing Programs
at meeting of Arlington's Page
Elementary School PTA at 8
o'clock tonight.
Other participants will be
Miss Rose Feilbach, Arlington
hearing specialist. and Mrs
Zelda Kosh, speech education
supervisor of Arlington. The
meeting will be held in the
school, 1901 North Lincoln
street.
Evening star., 1953-11-19

praiSers at a
recent meet
ing in Los
Angeles.
For IA years
Mr.. Kidwell
has been as
sociated with
Thos. j. Owen
g. Sons, real
e S t a tie auc-
tioneerS a n d
appra / S e r S
here, and is a
member.of the
appraisal staff
Evening star., 1953-11-19

entertain proposals for the piecemea acquisition individual
items OF equipment except such items listed the inventory
OF miscellaneous equipment referred 10 above.
FINANCING: Proposals for purchase shall provide for the
payment OF not less than 2 of the purchase
the remainder be financed by first lien purchase money
periodic amortization amorzaon equal annual nstalrents
IS not required The interest upon the balance the pur
chase price represented by the mortgage shall be
Proposals for purchase shall be accompanied deposit of
cash or United States Government bonds of to
IN per cenm OF the gross amount proposed be paid but
exceeding $250000 for each facility provided however that the
deposit required in the of for number of
facilities alternative basis shall the same as would be
required such proposal for only the facility which the
highest amount proposed be paid Except case of pur
chaser deposits shall be refunded without interest In the case
OF purchasers deposits made hereunder applied without
interest to the purchase price.
PROCEDURE SUBSEQUENT TO THE SUBMISSION OF
the Commission adequate notice submitting pro
posas following the termination of the period receipt of
proposals. the Commission will negotiate for the of the fac
neS with those who have submitted proposals In accordance with
the terms OF the Act negotiations for the sale Of type of
plant e GRS, GRI Butadiene cetera) will be limited to
those persons having submitted purchase of
such plant Such negotiations conducted with due
regard to the several of the Act the
synthetic rubber producing facilities establish competitive
synthetic rubber industry afford enterprises and
other users the opportunity obtain fair share end
products of the facilities sold and fair with
national security and realize full fair value for the facility or
facilities taking into consideration the policy forth Section
of the Act.
For further information details apply FERRIS THOMAS
Secretary
REDUCING FACILITIES DISPOSAL COMMISSION
81 Vermont Avenue, NV.
Washington 25 d. C.
Evening star., 1953-11-19
Receives National Attention

The Washington firm recently
was commended by the American
Paint and Oil Dealer in an arti-
Gle entitled Honesty and Effici-
ency Built This Million Dollar a
Year Business"
With a prominent business
man and civic leader as its
founder, the company has grown
steadily through the years.
Starting with a small location
on Pennsylvania avenue, it
moved to 1884 New York avenue
NV. around the turn of the
century.
Recently it completed a new
branch store and warehouse fa-
cilitieS adjacent to its glass head
quarters at 926 N Street NV.
The new store has air condition
ing and other modern equipment.
1t also has ample parking for
customers.
Rush for Jersey Rood Issue
Investors stampeded for a
share Of the $135 million offer
ing of New Jersey Highway Au-
thority bonds today and an over
subscription of six times was re-
ported.
Members of the offering syndi-
Evening star., 1953-11-19
By Donald B. HodIey

Hugh Reilly Thomas has been
elected president of the Hugh
Reilly Co., family-owned paint
and glass firm, which his grand
Evening star., 1953-11-19

the firm of Bacon and Thomas
will continue as chairman of the
board, a position he has held
since 1880.
The new president is a gradu-
ate of Georgetown Preparatory
School and attended Brown Uni
versity. He has been associated
with the firm since 1947.
Other officers of the company
have been reelected. including
William Green, who has been
with the company since 1923,
and John R. Eakin. president of
Eakin Properties, Inc, both as
vice presidents.
Evening star., 1953-11-19

dnd Co
srue podcdon
gnbek
n Company California; in d y le
Evening star., 1953-11-19

and streets branch.
Quarterly Dividend Voted
Directors of the Square Deal
Market Co., Inc, which oper-
ateS the Food Fair Super Mar
kets in this area, have declared
a second quarterly dividend of
1917 cents a share on preferred
Evening star., 1953-11-19

ADVERTISEMENT. ADVERTISEMENT.
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-07-24
Kenbrldge.
Youth Hay Ride

Twenty young people, members
OF the Cumberland Youth Fellow
ship including their chaperore s,
enjoyed hay ride Friday of last
week TO Holiday Lake SWimm lng
and boating. cllmaXed by a gene
rous picnic supper closed the
afternoon outing. Chaperones were
Mr.. and Mrs, Conduit Mathews,
Mrs. A. E. Brown, Mrs II. D Nor
ing and Mrs J S. King
Mr.. and Mrs. H. " Williams
of Nokcsville. were guests Sunday
of Mrs. Dewey w. Putney and
Mrs. r. 0. Garrett Also Mrs. j. J
Brogan. J. p Brogan and Miss
Virginia Brogan, of Springfield
Mass. who were en- route OF Nc
Allen. Tex. for months vacation
visit with Mrs Brogan's sister.
Mrs. D. F. Baltis.
Among the recent sucsts of Mr..
and Mrs. Merivether V. Smith, at
"Pocal1ontas Farm, were Mr.. and
Mrs. Stanley Vance Munsey. the
Misses Betty Vaughan and Ann
Stafford Munsey, of Lynchburg.
Mr. and Mrs. George j. Whitlock
and daughters. the Misses Frances
Langhorne and Margaret Whit
lock, Of Cartcrsyille; and Mr.. and
Mrs. c. c. Hundley with their son.
Charles Campbell Hundley Jr.. of
Glover Hill" Farmville.
Mr.. and Mrs. Keith Godsey. Of
Lynchburg. and Mr.. and Mrs. Dick
Godscy, of Mass. were visitors
Saturday of Miss Fannie T Foster
and J. t. Foster, Jr.
Mrs All H. Anderson and Miss
Margaret Lovins were Joined by
DR.. William Watkins Flanagan
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-07-24

Center Pre- bytcrian Church
Cumberland, whore lmion revival
services VIII beam Sunday evening
July rs. at g O'Clock The Rev.
Charles O KIDD pastor of the
First Methodist Chmch in Farm
vile wi couduct The services
througA Friday. July 81. assisted
by the local ministers. A special
chon composed OF the young
people Of the village and vicinity
WEI bg directed By Mrs John NJ.
Putney Jr, and Mrs. T. P. Rev
nolG> with MISS Virginia Crockett
as pianist. Other p.anlsts during
the week viii be Mrs. Edward H
Hopkins III. and Mrs. j NJ. Put
ney ~
Nj and Mrs, Nelson Rice re-
turned to their home. IN Falls
church. Saturday following visit
with her sister. Mis-. Z. 3 Nuckols.
and Or Nuc6ols.
Ms NJ. NJ GEORGE viii be hos
less TO h { FITZGERALD Baptist
Woran's Missionary Union Fri
day OF this week. July "a at her
home on the Stony Point Road
The meeting Y ii BEGIN at 8
O'Clock Mrs. George Will be the
leader
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-07-24

J /. Carpenter Mrs II. c. Gil
liam and w. c. Newman The
meeting was held Thursday Of this
week a, Goshen BaD,st Church
N BurEfrebam COUNTY
w., ,,s MI. = To.,.,. o,d
a1 1ayo,,,, po,,,o,,,,, ro,r,, !,
.0.,,.l ~ ---,,,.,. fl,r',;o,. r.,Vd
I'LL ~. y r ra,,r.. . I, 80 r,e,'u
Ii H. ,,r,,, na,.. L+',..
1ar, III s,,,,d-v
FISl'oi9 = 'H.' ~ > t.
Ai4ah ana t'thl!Z sunday |eI'
Mt, 5l,o MIS-, . :. AI'l ana Ni'.
ana MIS- JACK A.Iel ana son
mares OF CUtozNII.e-
MT ana Mrs :. n Hopkins ar
ma dau3htef' 8eth NiI Visit ms
mother tins week end at MeSsick
Guests Oh M ana MIS- w r.
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-07-24
Nevs At Cumberland
Union Revival Starting Julv q
Will Feat IRE Young Peoples Choir

'Scaped injury The Allen car was
demolished.
M, and Mrs. j J. Pcmbelton
and Raymond Pembe,ton, accom-
panied by MI and Mrs. Joe Tai
ley and Mr. and Mrs. r NJ Lewis
Jr-, and other friends OF Rich
mond, did a successful job at
deep sea" fishing during the week
end at Yorktown
Nh. and Mrs. (. D. Brown, Carol
Jean Brown. Mrs r. B Peters
and Mrs Alvin Vogel were visitors
Of Mrs. Gladys DeJarnette Friday
OF last week. in Richmond.
Or. and Mrs L. K Leake. Of
Goochland were among the visi-
tors during the past week of Mrs.
Lcake's sister. Mrs Calvert A. An
derSon, and her aunt, Miss Susan
NJ Taylor.
Guest Minister
The Rev T Page Williamson. Of
Ford, Va who IS conducting the
revival services this week at the
Antioch Methodist Church, is a
guest here al the Methodist par
SOnage.
Three candidates for member
ship in FITZGERALD Baptist Church.
Leltha Weather ford. Jackie New
nan and Stuart George, received
the ordinance of baptism Sunday
evening in the baptistry of the
First Baptist Church, in Farm
vile.
Mi and Mrs. G. L. Garrett and
son, Gordon Lee Garrett Jr.. spent
several days last week at The
Halifax Virginia Beach.
M and Mrs J, c Hayes have
as their guests Mrs. j. F. Sheriff..
and the Misses Sallie Penick and
Stella Sheriff. of Boone. N. c.
Other guests Sunday were Mr.. and
Mrs. Glen Hayes. of Buckingham
c. H.
Another car. this time headed
South. said to have been exceed
ing the village speed limit of IS
miles per hour, turned upside
down last S saturday afternoon
after rounding a curve about two
city clocks from the center of the
VILLAGE
Guests Of Mr. and Mrs. NJ. NJ.
GEORGE last Sunday were Mr.. and
MIS- Raymond Quinn and two
children Of Richmond Mr..
Georce who has been spending his
vacation here returned to Rich
mond Tuesday.
A J Brown and family spent
the past week end at Buckroe
Beach They were accompanied by
their G&ushter, Miss Dottie Jean
Brown Of Richmond. and her
tlancc Edward Tomlinson, of
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-07-24

II, and All H Anderson Of Dover
Del, at the Cavalier Club. Virginia
Beach, for the week end
NJ and Mrs w T. Norman had
as thelr guests last Sunday Mn
and MIS- Gordon HightoWer. Of
Richmond, MI and Mrs j. w
White. also MI and Mrs. sam
White and two sons, Of Chula.
Mrs. E Allen Carter and Mrs.
j. G Clements spent Thursday of
last week IN Alberta as guests of
Mr. and Mrs. Howard Settle and
daughter, Ann Marie.
Mr.. and MIS-. A L. Brandt
motorcd to Charles City C II . last
Saturday for a risit With Mr. and
Mrs. J. H. Hcnastler
New Mexico Guest
Recent guests of Mrs G. P.
Lovlns were Mrs j E Cassell. Of
Copperhlll. Va. and Nh and Mrs.
Dewey Cochran of A.5erqusrque,
N NJ
Mr. and Mrs J Nj Foster and
twin daughters. Janet and joyce,
Of Famville were guests Sunday
Of Mr.. and Mrs j. L. Godsey at
Their home on the Ston2y Point
Road
MI and Mrs H. w Martin have
the sympathy OF the people of this
community in the death OF their
son Bobby. 10 years OF age at
Medical College of Vr@inia Hos
pital. Richmond, Monday. July 25
Among the II relatives and close
friends present for the annual
Tate Family reunion last Sunday
at the home Of Mrs Vincent c
Tate. Of SAKE, were MI and Mrs
Drop in defense spending Is
held no threat TO economy.
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-07-24

James s Godsey ana daughters.
Page and Janet Godsey
ms Mary Stuart Clulow and
daughter Comm Jean and son
GEORGE have returned To then
home ii Little Rock, NIX after
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-07-24

Drop in defense spending !.
held no threat TO economy.
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1953-10-21
Young Peoples
Workers Entertained

MIS-. s. A. Garrell entertained
workers of the Mount Tabor Bap-
fist Church Young Peoples de-
partment with a buffet supper at
her home Tuesday evening.
A highlight of the supper was
the planning of the years work.
Workers for the Young Peoples
department include Mrs. b. A.
Carroll, director; Mrs. Ralph w.
Spivcy, assistant: Mrs. Richard
Gordan, Y. w. A.; Mrs. Howard
Buffkin. intermediate C. AS; w.
A. Williams, Intermediate, r. AS
and Rev. p. c. CAN'T, assistant:
Mrs. w. A. Williams, Junior c..
AS. Mrs. j. F. Bow, assistant;
James Brice, Junior r. AS, Earl
Spivey, assistant; Mrs. Leo F.
Thompkins, Sunbeams, Mrs. Don
Jernigan and Mrs. Clarence Will
loughby, assistants.
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1953-10-21
BARBECUED CHICKEN

If you have Chicken every Sun
day" at your house. you'll want
several chicken recipes. There is
nothing like a savory barbecue
dinner! You'll like this new recipe
for tantalizing chicken with 4
mountaineering barbecue sauce
that takes its zest from peanut
butter, margarine, and lemon Juice,
rather than tomato catsup.
Lazy %" Chicken
2 frying chickens (21k-3 pounds
each cut in quarters)
Salt and pepper
y cup fortified margarine
Barbecue Sauce
Z cup fortified margarine
l teaspoon salt
a teaspoon black pepper
Dash Tohasco sauce
\ cup lemon juice
/ tablespoon peanut butter
q cup finely chopped celery
tablespoon chill powder
/ cup vinegar
To make the barbecue sauce:
Melt the margarine in a saucepan
over low heat. Add salt. pepper.
Tabasco sauce, peanut butter,
chopped celery, and chill powder.
Add vinegar slowly. Brin: sauce to
the simmcring point. stirring con-
stantly. Remove from the hCa. nd
cool. Then add lemon juicc
To barbecue chicken: SCHrcr
chicken with salt and pepper. Rub
well with margarine. Plac" IN
shallow baking pan. skin side down.
Cover and place in So LcE.,,
oven and cook uItl .rr,i;.' y :. G.
about !: hourD Remove cover
and turn chicken. Pour barbecue
sauce over the meat CONTINUE b..
ing without a cover for at least one
hour. Eastc frequently. This recipe
Will make four servings.
For o.hcr excellent kitchcr-tCstc'
recipes. write the National Cote.
Council. y. o. Box 1S. Memphis /.
Tennessee, for your free copy Of
"N"nu N""ic with Margarine" an
attractive 2i-page booklet in ta.t
ColOrS.
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1953-10-21
Angler Tangles
With Whopper In
Fish Pier Battle

MYRTLE BEACH, S. C.-When
he average fisherman comes home
'elling about the lone that got
away" there's usually a tear in
mis- eye at having lost the whopper
hat would have justified all mis-
past fish tales. But down at Myrtle
Beach, there's one fisherman who
admits he was darn glad to lose
one he tusSled with for more than
/ hours.
II started when Clayton Hudson.
of Old Fort, ". c.. hooked some
thing monstrous on the Ocean
Plaza Fishing Pier. Unable TO reel
the whoppcr in. Hudson played
him from the pier for three hours
without ever kEoWing what he had
hooked.
Finally, Capt. Sam Gardner, the
piers owner. suggested they
launch a small boat rom the piers
landing dock. whieh they did, fig
uring they could get TIC deep sea
bchemouth close enough to conk
III the head. then haul him into
the boat.
But the finny crittur had other
IDEAS. With a now burst of fury.
10 tool; q. urcr1st toward Ocean
D'ivc BCac':. win CAPT. Gardner
clinginG TO his seat in tn estern
and Hudson fighting in the bow
to hold on to his rod and real.
About 5 miles from the pier, the
y,Imint swung around and headed
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1953-10-21
Myrtle Beach
Girl Has Two
Jobs On Paper

COLUMBIA - A Myrtle - =.
Slrl notes two positions on a.,
staff of the Postscript. Cgiyuu1.
College newspaper, alcorc..ns 20
Dean Thomas G. Shuicr. Rocc
Martin is both on TIC feature star
and is advertising manager.
Betsy Shealy, Batesburg. has
been named l953-54 editor: Mary
Sue Pick. Waltcrboro. associate
editor and Betty Jean Turner.
Spartanburg, business manager.
News editor is Mary Brabham.
Denmark. She is assisted by Ann
Buckwalter, Walterboro. associate
editor. Reporters are Gloria Pear
son, Florence: lrma Spigencr. AL
lendalc; Henrietta Rosson. Shelton,
Martha McMeekin, Monticello.
Hamlin McBec. GreenviIle: Sr~a
Jane Jet, Abbcvil,c: alt Jon.
Halfacrc, NcwbCrry.
judith Wilder. Waterloo. =.
feature editor. Associate lya,-.
editor IS Jane, Alexander. II.
sun Inc feature staff includes
Woodley Shinglcr. Greenwood.
Sallic 10 Bookkart Orangcbur.
Joannc Wells. Florence. ia.
Fletcher, Grccnville: Pruden Rc.-
c"S, Woodruff: and Jane An Ed
wards, Nj. Pleasant.
Ann UtScy. Denmark. i spcv.s
editor; Harriet CUNNINGHAM,
sumter, music editor: and Ann
Solomons, Luray. is art editor.
Mary Beth Punches. Rowcs-
vile, serves as associate business
manager. Jerry Dennis. Latta, is
associate advertising manager
lrnle Splgener, Allcndalc. is cx-
cnange editors. while Helen Banks
Georgetown; Helen Hall. Spartan
burg; and Janice Rhame. Den
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1953-10-21

back toward Myrtle Beach.
b. the time he had lowed the
small boat over miles. tn eStill
unidentified denizen of the deep
began TO weaken and the two
anglers figured they had him lick
cd. When they reelcd him up to
the boat finally, they discovered
they had tangled with 7 foot
shark. Just as they we're about to
bat him with an oar. the shark
came to life. did a tail-dance bal
lot. framing the daylights out
of the boat, nearly turning il over,
snapped the line and disappeared
into the deep.
Sad Hudson. rubbing his blist-
cred hands, I'm glad this got
away"
CAPT. Gardner. who is also skip
per OF the deep-sea cruiser, Car
olina Queen" said. 1T was the
widest ride l ever had at sea-"
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1953-10-21

nounced.
Hostesses for the meeting in
ciude Mrs. A. c. Edwards, Mrs.
Eugene Collier, Mrs. T. ]. Rozier,
and Mrs. w. c. Truitt.
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1953-10-21

Lester Long and r. J. Long were
IN Tabor City recently.
M. and Mrs. r. J. Long and
Betty Joe were Tabor Cit yvisitors
last week
James Faux and O. c. Gore
were in Tabor City Saturday.
Mr.. and Mrs. Harvey Buck Wis
tied Mr.. and Mrs. J. d. Long Sum-
day afternoon.
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1953-10-21

n. r.. l.
how iiueii eaii fanny norman
~ pay ior nolng wiuaout causing
E ton ei M narasi,ip:
iI ~ W. .aeHsoI, assistant
,es,oei. vi uhe Difhe saw
ss oM Vi nIoohiyii, answers
'na. quts''U.i III an "r'sie APP
p pm III sle .uLLeht eul'.oh oi
o o..', .ioeS Huiae' mere Is his
The purchase price of home
whether a used house, a brand
new one In a development. or one
built to order-in general should
not be more than 2h times your
annual income. In other words. if
you earn $4,000 a year. the price
OF your home should not be more
than Sl2,5O0;, If income is $4,000.
you should not buy or build a
nome costing more than So. 900.
Furthermore, monthly carry
ing charges payments on mort
gage principal, interest. taxes and
insurance. should not exceed the
home buyers weekly income.
Some mortgage lenders go be-
yond this and suggest that weekly
income should at least equal the
carrying charges, plus the cost
OF transportation to place OF en-
ployment, cost OF gas and electric
service and cost OF heating fuel.
This Is SO that a home buyer
Will not take on financial obiga-
TONS which Will work a hardship
on MN and his family
Figure Down PAYMENT
1,oL.on ,,,,,..,.s a..
,r Jas;r;r ~ S,,;,S - as ta
s,,t Satnr; ~ o .pn VI guy siouio