davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-09-01

operations before the Hous-
ing Subcommittee Of the
Senate Banking and Cur
rency Committee. He repre-
scented HHFA Administrator
Robert. C. Weaver at the
hearing.
Mr.. Conway also reported
that the ratio Of defaults.
and foreclosures on FILA
mortgages has remained at
about the same level since
January-and recently has
shown a slight decline.
1T think we can assume
that, given q stable economy,
the default and foreclosure
ratio has stabilized well be-
low a level which would en-
danger FHA's reserve posi-
ton" he said.
Mr.. Conway said nearly
all Of the Federal Govern
ment's housing and urban
programs have progressed
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-09-01

tai of all approvals for the
six preceding fiscal years.
OF the contracts approved
in 1852, he said. 220 were to
provide assistance to TOO
small communities, So were
for metropolitan and regional
planning and 20 were for
Statewide planning.
Reporting with Mr.. Con-
way were Pere Seward, dep
uty Community Facilities Ad-
ministration commissioner;
Howard Wharton, deputy
Urban Renewal Administra-
ton commissioner: Neal j.
Hardy, Federal Housing kd-
ministration commissioner;
Mrs. Marie c. Mcclure, Pub
lie Housing Administration
commissioner: j. Stanley
Baughman, president Of the
Federal National Mortgage
Association. and Genera
Counsel Milton Semer.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-09-01

The Government continues
to be optimistic about the
housing industry's perform
ance this year, despite recent
expressions Of doubt by some
experts.
Jack T. Conway. deputy
administrator of the Housing
and Home Finance Agency.
said earlier Government esti-
mates of IA million non-farm
housing starts during 1862
will prove accurate"
During the first six months
Of this year, he noted. q total
Of 709, 500 non-farm housing
units were started. Some
financial publications, how
ever, have indicated the sec
ond half of the year will not
measure up to that perform
ance.
Mr.. Conway's optimistic
report was made during a
mid-year review Of HHFA's
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-09-01
Easy Money Market
Favors Home Buyers

Joseph p. McMurray.
chairman Of the Federal
Home Loan Bank Board, re-
ports that member inStitu-
lions rounded out the 1862
fiscal year in q stronger po-
sition than ever before to
meet the present and poten-
tial home financing needs of
the Nations fast growing
population.
And George w. DeFran-
ceaux, president of the
Washington Board of Real
tors, says: "Since there's
plenty of money available,
the lenders are not as tough
about extending credit. Peo-
pie today are making loans
who ordinarily wouldn't be
able to, so I think this def
initeiy is the time to buy or
finance a home"
The plentiful supply of
residential mortgage money
has resulted from various
factors including the slow
business recovery. the halt
ing of initiation, q showdown
in housing starts, the Fed
eral Reserve Systems easy
money" policy and the re-
cent unattractiveneSs Of the
bond and stock markets.
But for whatever reason,
more funds currently are
seeking mortgages than there
are mortgages available. And
such a situation inevitably
works in favor Of the indi-
vidual home buyer.
Mr.. Baughrnan's predic-
ton that this trend will con-
tinue through the end Of the
year is based on FNMA's re-
port and financial statement
Of its secondary market OPP
erations for the second quar-
ter of 1862.
FNMA, known in banking
circles as Fannie Mae" as
sists banks, savings and loan
companies and m ortgag e
brokers by providing a de-
gree of liquidity for mort
gage investments. Whe n
money is tight, lenders are
able to sell mortgages to
Fannie Mae" in order to
keep their funds more liquid
But when lenders have sur
plus money to invest. they
usually buy mortgages from
Fannie Mae" That's the
situation today.
Mr.. Baughman reports the
associations purch aSei
dropped from 20.952 mort
cages worth $275,245.000 II
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-09-01

It's a good time to finance
q new home.
Today's money market
swings in favor of the home
buyer = both with lower
mortgage interest rates and
the ease with which a loan
can be made.
Here's why:
There is plenty of mort
gage money around. and it
looks like the abundant sup
ply will last through the end
of the year." says j. Stanley
Baughman. president of the
Federal National Mortgage
Association.
Competition. among the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-09-01
BY DANIEL POOLE
Stor Reel Estote Editor

lenders is SUCH" Mr.. Baugh-
man says, that the home
buyer doesn't have to pay as
high an interest rate as when
there Is not as much mort
gage money available. He
can shop for his money"
John c. Holzberg. presi-
dent of the Mortgage Bank
ers Association of Metropoh-
tan Washington. says: ''The
discount to place a mort
gage, or points paid by the
seller, has gone down. The
fact that this discount has
improved over what it was
six months ago has stimu-
lated home buying"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-09-01

Home Loan Bank Board. Mr..
McMurray reports that Fed
eral Home Loan Banks made
advances to member banks
totaling $3.5 billion during
fiscal 1922 So per cent in
crease over the almost $2.2
billion the preceding year.
Loan repayments by mem
Der banks set another fiscal
year record of $2.6 billion,
compared with 50 billion in
fiscal 1861 - indicating an
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-09-01

billion the preceding year.
Spokesman for the Federal
Home Loan Bank Board say
the keen competition among
lenders, caused by the excess
of mortgage funds, had to
show up in lower interest
rates and fees.
And the public has re-
sponded accordingly.
THE market is good. and
the people are taking advan-
tage Of it." says Mr.. Holz-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-09-01

excess OF savings flow over
mortgage loan demand. And
members deposits with the
banks totaled almost So
billion, compared with $l.1
billion the preceding year.
Mr.. McMurray notes that
members of the Fe deral
Home Loan Bank System
made mortgage loans total
ing $l8.9 billion during fis-
cal 1852, an increase of rs
per cent above that $751;
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-09-01

the first quarter to 8,999
mortgages worth 1922, AS. 900
in the second quarters 81
per cent reduction.
Meanwhile, the sales to
mortgage investors have
more than doubled, from
1926 mortgages worth $s4,-
$4,000 in the first quarter
to 18TH worth $225, 969, 900
in the second quarter.
Another indicator is the
fiscal report of the Federal
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-09-01

berg, who also is vice preSi-
dent in charge of the mort
gage department at Shan
non a. Luchs Co. We've had
the biggest year we've ever
had on a residential basis"
Mr.. DeFranceaux. who is
president Of the Berens Com
panies, notes, however: en-
terest rates are favorable,
but I believe they have sta
bilized. I don't think they'll
get any lower"
Milford chronicle., 1962-12-21
MILLVILLE
Millie C. Banks
Phone: DickersOn 461

A Christmas program will b e
held next Sunday morning at the
Millville M. E, Church with h e
singing of carols and recitations.
Everyone is welcome
Mr.. and Mrs. David Steele, Mr..
and Mrs. Jack Hickman and Mr..
and Mrs. Elisha Quillen attended
t h e Postmaster's Christmas Party
in Hartly, last Thursday evening.
The community extends deepest
sympathy to Ernest Crowell a n d
daughter Mildred, in the loss o
their loved one, Mrs. Casey Crow
ell
The Millville Ladies of the Auxi-
liary held their Christmas Party at
the fire hall on Monday evening
with good attendance.
The ''Gleaners" Christmas Party
and exchange of gifts will be held
at the home of Mr.. and Mrs. Ray
mond Belts on Thursday evening
at o'clock
Mrs. Viola Powell entertained
friends to buffet supper and
Christmas Party last Thursday eve
ming at her home.
Mr.. and Mrs. Edward Short visit
ed Mr.. and Mrs. Clay Wharton n
Milford ON Saturday.
Birthday wishes this week for
Mrs. Jean Banks on Dec. II, and
to others who have a birthday this
month.
Miss Faye Rogers, student nurse
of the Peninsula General Hospital,
Salisbury, Nd, spent last weekend
with her parents, Mr.. and Mrs.
Preston Rogers.
Thought for the Day "On the
anniversary of Jesus birthday, we
recognize Christ as the Promised
Redeemer, Savior, and Hope of the
world"
Milford chronicle., 1962-12-21
.Mireless, was Unknown

The greatest invention in my
youth was Mr.. Marconi's sending
of a message, or signal. without
wires. This we read of in our daily
newspaper, THE Glouce st er
Breeze. In 1892 the electric COM
pany created by Mr.. Edison Joined
with that of Mr.. Houston, starting
the General Electric Company in
an old bowling alley at Lynn, Mass.
This company was then m a k i n g
dynamos and other equipment for
the new electric light plants start
ing all over the United States.
These plants used only direct
electric current; alternating r
rent had not been invented for
use in transmission. My humpback
friend, Charles Steinmetz, was the
first to make this useful for trans
formers. Only then did the Elec-
trical Age. which has since de-
veloped so tremendously, grow.
What about the electrOnic agel
If any reader will take a ~"
ruler and mark off twelve electro
magnetic bandx, he will get h e
secret of Electronics. The frs t
known band at the top will be q"
wide and contain the COSMIC
RAYS, which are the very short
est; these fill the room in which
you are now sitting. The second
band will be about an inch wide
and comes from the SUNSPOTS.
They are tricky and dangerous.
The third band consists of X-Rays
such as are used in hospitals for
taking pictures of your insides. The
fourth band is made up of Ultra
Violet Rays. The above bands lex
cept the first) would take about
one inch each of the ruler.
Then we would have band of visi-
BILE light (the main band used in
our present great Electrical Age),
only Is inch wide The o h e r
bands are useful in the Electronic
Age which we are just, entering.
Below is a band that represents
the INFRA-RED RAYS, whic h
are used to help those suffering
from arthritis and similar p a i n s.
Then we come to two more j m
portant bands, each about ~ inch
wide. Following these is the radar
band. which is about liz in h e s
wide, although we never heard of
radar before World War II. This
gives us nine bands using total
of s is inches, of which only Is
inch was used before World War
III. Then follow the TELEVISION
and RADIO bands, and a band
reaching out into the unknown
Someday more will be discovered
and harnessed. with marvellous
possibilities in the Electronic Age.
Looking Into The Future
Just as radio has brought talk
ing and television brings pictures
into your home, the Electronic Age
will bring heat, light, taste, smell,
and perhaps memory and m any
other things. Coal, oil, gas. and
other natural resources will be
used for more valuable purposes
Milford chronicle., 1962-12-21
BABsON DISCUSSES ELEcTRoNIcs

Babson Park, Mass, December
20. If I were now in high school
and had a mechanical finger" 1
would learn all l could about
electronics.
Electricity i'm 1894
Mr.. Edison had then only ju S t
invented his incandescent bull b
lamps so common today. The e
was a Gloucester Electric Co."
which had dynamo in the rear
of a machine shop. 1t had strung
wires to prominent street corners
where a carbon lamp hung to light
the square. This lamp consisted of
two round carbon rods" WI c h
were renewed each morning by the
one employee Of the little com
pany"
/ then developed a tiny business
of installing electric door bells,
working only on Saturdays. /
used two wet" batteries, which /
located in the cellar Of the home
There We're no dry batteries, or
any kind of electrical appliances
such as washing machines or cleo
trio irons. Radio and TV had not
been even dreamed of.
Milford chronicle., 1962-12-21

instead of being burned up. Tre-
mendous changes are coming. We
are as backward as when / was
boy with only electric door bells!
Furthermore, l realize that !
have not mentioned the possibili-
ties of atomic power and the won
derful latent wealth in uranium
oxide. Nor gravity, being studied at
New Boston, NH. This would give
free power to every farmer while
the hydrogen of the ocean could
give free power to every city.
hope we will recognize that these
gifts come from God Almighty. to
whom we should be very thankful.
"a brochure outlining career OPP
portunities in electronics has just
been published Entitled "Electron-
les Your Chance to Shape h e
Future, it is available from Elec-
tronic Industries Association, TIA
De Sales Street, NV, Washington
6, d. c., at zoe a copy.
Milford chronicle., 1962-12-21
CHRISTMAS

All OF us wish all of you a Merry
Christmas.
Milford chronicle., 1962-12-21
Safety Council Notes

Christmas trees should be kept
in water for safety, the Delaware
Safety Council advised citizens of
Delaware yesterday.
After a staff conference on prac-
tical steps to be taken in the home
to avoid fires at Christmas time,
Mrs. William N. Cam, the Coun-
cil's president for home safety
issued a series of suggestions to
promote safety.
First, said Mrs. Cam, is avoid
ing the fire hazard of a dried out
natural tree. IF you are using a
natural, cut tree, saw off the butt
at an angle above the original cut
and stand the tree in water until it
is brought into the house. t h n
keep it in water while it is in the
house and check the water lev e l
daily" she said
Mrs. Cam said Christmas tree
may be fireproofed by spraying it
with a solution made of one quart
of sodium silicate, half a pint of
water and one teaspoonful of
liquid detergent.
The tree should be firmly sup
ported and kept away from radia-
tors, fireplaces or stoves.
Tree lighting sets, electric can
dies, other holiday lighting equip
ment and extension cords should
all be checked for frayed wires
and broken sockets. Use only light
ing equipment carrying the Under
writer's Laboratories (UL) label to
be sure the equipment meets safety
standards. Mrs. Cam advised.
Turn off all tree and other in
door holiday lighting before retir-
ing or leaving the house, h e
suggested.
Mrs. Cam also warned of h e
danger of fire from combustible
decorations and wrappings, an d
from the use of candles near such
decorations, wrappings or Christ
mas trees. Don't allow smoking
near the decorations and wrap
pings" she continued
THE considerations for fire
safety in the home apply also to
schools, churches, hospitals, a n d
other public buildings" Mrs Cam
concluded.
Milford chronicle., 1962-12-21
Lakeview Elementary
School News


Grade ? Miss Sara POllOck's Sec
tiOn 2
Here are few of the stories we
wrote about Christmas:
THE FIRST CHRISTMAS
When Mary was getting water at
a we'll, an angel came and said,
Fear not. | bring you great joy
You will have a baby named Jesus
and he will be born in the city of
David" Men said that the people
had to. pay tax. So Joseph n d
Mary went to Bethlehem, an d
Jesus was born in a manger. Then
angels came to shepherds and told
them that Jesus was born. Three
wise men saw a real big star in
the. east and said it was Jesus
star. So they came with their pres
ents for Him and prayed to Him.
Aaron Chen
CHRISTMAS
/ like Christmas trees. Christmas
trees are pretty when they are de-
corated. Christmas is a beautiful
thing. Santa Claus comes t
Christmas when am in bed and
am asleep. He rings his bells
When l wake up, am surprised
{ Kathy Graham
CHRISTMAS
/ like Christmas because / like
Saint Nick. | asked for a car and
some other things. He filled m y
stocking, then he went off. 1 heard
him go with his reindeer. Then
looked outside and saw him go. He
went to other houses.
Donnie Maull
Milford chronicle., 1962-12-21
LETTERS TO SANTA

WEST MEMPHIS, Ark. (AP) -
Are kids growing up too fast now
days?
Letters to Santa printed by the
West Memphis Times might indi-
cate they are. Eight year old Rhon-
da Thweatt asked for a pair
high heels. Seven year old Jim
my Hicks wanted an MI rifle.
Milford chronicle., 1962-12-21
SPECIAL DELIVERY

VALDOSTA, Ga. (AP) Mrs
Annah A. Peterson answered a
knock at her door and was handed
a package by a small boy.
The youth, estimated to be IL or
II years old, then rushed to a
parked car, which sped away.
In the package was jewelry valu-
ed at over 5000 stolen Oct. from
the Peterson home.
Milford chronicle., 1962-12-21
EPIsCOpALIANs HELP BOYS

PHOENIX (AP) = The Episco-
pal Diocese of Arizona has 'es-
tablished home for in-between
juvenile delinquents in Phoenix.
Residents of the home are boys
who the courts feel should have
some kind of confinement but do
not deserve commitment to the
state industrial school.
Milford chronicle., 1962-12-21
DON MARQUIS REVUE

NEW YORK (AP)' = A revue is
being prepared for Broadway bas-
ed upon the writings of Don Mar
quis.
John Effrat who is preparing the
script in collaboration with Edward
Anthony, is to produce and direct
the show. Music is being provided
by Peter Howard
Milford chronicle., 1962-12-21

Mainz, Germany, was so pros
porous and influential in the Mid
die Ages that it is still known as
Golden Mainz."
Milford chronicle., 1962-12-21
CHRISTMAS

O1AAeAo = 1h1AC
A long time ago a baby named
Jesus was born on Christmas. He
lived in manger with His mother,
Mary, and father, Joseph. He was
the Christ, the Holy Child. Three
wise men came to see Him. They
gave Him gifts Some men were
watching the sheep when angels
told them that Jesus was born.
Mary was proud of the baby. So
that is why we have Christmas and
sing carols.
Linda Graybeal
CHRISTMAS
Christmas is a beautiful time. On
Christmas Eve, Santa Claus won't
come if you're bad. If you are good
you will get toys. When you wake
up in the morning, you will see lots
of toys.
Tommy Rust
All of us wish all of you a Merry
Christmas.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-06-20
AIS Motors

VALIANT 81 2-dr. hardtop, r. and
h, auto. trans, big engine. ST.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-05-10

Initially, the controversy cen
tered around refusal of service
to Negroes in restaurants along
US. Route 40. Particularly in
volved at first were dark-skin-
ned United Nations and for
eign government representa-
dves travelling between New
York and Washington.
Maryland Negroes then
took up the cry for open pub
lie accommodations and be-
gan a series Of Freedom
Rides along Route 40 and In
other sections OF Maryland.
Montgomery County earlier
this year became the first coun-
ty in the state to pass an ordi-
nance calling for equal service
in its public places, with the
exception of taverns.
When the question came be-
fore the short term of the Gen
eral Assembly in March, a pub
lie accommodations law was
voted down. Two of Montgom-
ery's delegates - Alger Y. Bar.
bee and Charles w. Woodward,
Jr. - voted against the meas
ure.
Barbee, local leader of the
United Democrats for Tawes
and a candidate for the state
senate. said he voted as he did
because such a law would
abridge the right Of a proprie-
tor to choose his customers. He
feels that il the majority of
Maryland residents want a law
they should vote on it in re-
ferendum as a constitutional
change.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-05-10
Some Have Taken Sides
On Accommodations Issues

A visitor from outside Mary.
land might be surprised to find
civil rights as an issue in an
election year in the 1905. But
find it he would.
None of the Montgomery
County candidates has express
ed himself as opposed to civil
rights, but a great deal of Skin
mishing has been going on
around the outskirts of the is
sue, concerning public accom-
modations.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-05-10
Montgomery comty sentineI Primary EIee.ion Section

and alert to the problems of our
times. They are keenly interest
ed. You can tell that by the
questions they ask, by the let
tiers they write, by their obvious
yearning for leadership.
The present administration in
Maryland provides only lead
ership vacuum. The Mahoney
ticket is qualified, ready and
eager to fill that vacuum with
federal, state and county candi-
dates who are superior in every
respect.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-05-10
Ennis Clarifies Farm,
FOREIGN Aid Platforms

The legal, medical, dentist,
optometry, etc. professions by
making their services available
to the many in need of them
at charges within their means
to pay would be reasonably
compensated without being i'm
posed on, and the clients and
patients would remain in those
categories and not be deemed
wards of charity.
The predatory practice of
some merchants in most agree
ably accepting term payments
beyond their due dates when
the balances are high but re-
possessing the articles when re-
sale thereof would be most
profitable - at which time the
payments may be as little as
one or two days overdue a
thieving way of life that should
be eliminated. Invariably the
victims of this evil practice are
not financially able to combat
this legalized thievery.
Our government permits
sales of vitamin preparations in
large dollar amounts with the
representation that they are
most beneficial to good health;
our schools report that many
students are undernourished
because many of their homes
cannot or do not provide bal
anced-meals.
One school where for some
years the students have been
given with their parents writ
ten consent) vitamin prepare
tons reports most beneficial
help to the students health.
Either one group of officials
is derelict in permitting the
public to be fleeced by buying
the vitamins, or another group
of officials is derelict in its du-
ties by not providing the health
benefits to students from homes
them.
If the above premises be
true, future generations win
pay a dear price in health for
that can not or do not provide
the indifference or neglect of
someone.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-05-10
SickIes Predicts
Victory for Slate

Carlton SckIes, Langley Park attorney member Of
the SickLes Here 1VGy
his campaign for Comgressmdn-Gt-L Large:
If we have done nothing else in this campaign we
have aeed the people of Maryland to the issues Because
have chosen to spell out to debate, to call spade
spade Marylander discussing federal aid to educa
on medical for the aged the United Nations bond
issue and the other great problems of our times
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-05-10

RepubtacGn Robert 70. Ennis
of Prince Georges County,
10ho is opposing Nel0tom /.
Steers, jr., for the nomination
of CongressnlGn-d-LGrge, has
outlined the foHotOsng cEarifi
cation of his stand on major
national issues:
Many millions of acres of our
farmlands are owned by cor
porations, syndicates, absentee
landlords, etc. who are invest
ment farmers; a large number
of whom are citizens of and re.
side in other countries.
I believe that payment of
parity prices and other farm
benefits to dirt farmers (who
work the soiD and excluding
the investment farmers, will
greatly reduce the costs and
SURPRISES in the Farm Program.
The Estes farm manipulations
were under corporate guise.
In the face of widespread un.
employment and want among
our own people, the enormous
give-away to other countries is
a sadistic joke on the American
people. 1t is like the worker
who stops at the tavern on pay
days and feeds his fawning
friends while his family at
home goes hungry.
The recent purchase of a
gold-plated bed by a citizen of
a small country that received
give-aways of over three mil
lion six hundred thousand dol
lars from this country up to
last year, is not an act that can
be cheered by the many hungry
and unemployed here in this
country.
Many persons, truly penitent
for their moral transgressions,
are enmeshed in unconventional
marital relationships (often
originating in economic compul-
sion, to support children, trick
cry, etc. without hope of re-
gaining their self-respect or
conventionalizing the lives of
their children because they, the
parents, are unable to pay the
customary legal fees.