Roosevelt signs home mortgage refinancing act and appeals for restraint
President Roosevelt signs the home owners act enabling up to 2000000000 refinancing of small mortgages at 5 percent and extends a three year interest moratorium. The plan allows exchanges for government bonds or cash loans with six percent interest, backed by a home owners loan corporation and supervised by the existing bank board. He appeals to creditors to refrain from foreclosure during initial operation.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Home Owners Loan Corporation
Home Loan Bank Board
Fourth of July at Wintersmith Park Plans Big Day
Ada begins July Fourth celebrations with a full day at Wintersmith Park featuring horse and bicycle parades terrapin races swimming diving and bathing beauty contests and a night fireworks display. The Chamber of Commerce backs the event with committees led by Cr W Zorn and chaired by Ben Hatcher L A Braly Ema Warmack Elbert Reed Alvis Jones Dan Proctor and others.
MENTIONED IN THIS ARTICLE
Ada
Wintersmith Park
Chamber of Commerce
Cr. W. Zorn
Ben Hatcher
Kiwanis
L. A. Braly
Park Board
Ema Warmack
B. P. W. Club
Elbert Reed
National Guard
Alvis Jones
Dan Proctor
Rotary
W. F. Dean
Junior Chamber of Commerce
E. C C. Wilson
Lions
H. J. Huddleston
Million Men of Public Works by Early This Fall
Washington aims to put a billion dollars in work quickly with Hugh Johnson directing the program for the new public works act. Officials expect at least one million men employed by fall, with $50 million in federal buildings ready soon and more road and harbors projects set to begin. The plan divides projects into twelve regions with locally aware engineers. The Reconstruction Finance Corporation also lowers loan interest and bank dividend rates if borrowers cut executive salaries and pass savings to customers.
MENTIONED IN THIS ARTICLE
Washington
Congress
Hugh Johnson
Industry Control and Public Works Law
Johnson
Reconstruction Corporation
Kett on Senate Payroll Amid Land Dept Inquiry
OKLAHOMA CITY June 13 LP A L Beckett, the deposed state school land secretary whose firing sparked a senate inquiry, is reported to be on the senate payroll receiving a $60 salary. He said his job is to locate records for the investigating committee as Governor Murray’s appointee defends practices and opposes the four majority commissioners.
MENTIONED IN THIS ARTICLE
Oklahoma City
A. L. Beckett
School Land Department
Senate
Land Department
Beckett
Murray
Ada County Holds First Monthly Farmers Auction Sale
The Ada Chamber of Commerce sponsored the first monthly farmers auction at the county fair grounds. Buyers attended in good numbers, paying fair prices for livestock and goods, including two purebred Durham bulls, cows, goats, alfalfa hay, a trailer, and miscellaneous items. Organizers expect July turnout to be larger.
MENTIONED IN THIS ARTICLE
Ada Chamber of Commerce
Ada
New Tuberculosis Danger Pointed Out
Milwaukee June 13. A possible new danger in tuberculosis is described to the American Medical Association. Thorium dioxide injected to enable X rays may worsen the disease and aid its spread. Dr. George A Bennett of Georgetown University medical school reports tests on guinea pigs showing activated spread in lungs.
MENTIONED IN THIS ARTICLE
Milwaukee
American Medical Association
George A. Bennett
Georgetown University Medical School
Farm Price Rise Ahead of Help
Washington reports farm prices are climbing, blunting the reach of new relief powers for government farm officials. Wool leads gains, up 75 percent to near prewar levels as Congress passes major agricultural reforms. Secretary Wallace seeks acreage cuts for wheat cotton and corn but warns curtailment is unlikely during rising prices. Mortgage refinancing spurs creditor caution while land values show tentative improvement.
MENTIONED IN THIS ARTICLE
Roy F. Henderson
Associated Press
Washington
Congress
Wallace
Oklahoma Officials Plot Federal Relief Road Plan
Oklahoma officials moved ahead with a $9.172 million federally financed road program while Congress deadlocks on a $3.2 billion industrial recovery bill. A state commission met to map a statewide survey and consider large projects including hydroelectric plants on the Grand River and a flood control system along the Canadian rivers.
MENTIONED IN THIS ARTICLE
Oklahoma City
Oklahoma
Federal Bureau of Public Roads
Washington
E. McDonald
State Highway Commission
H. N. Arnold
Murray
H.A. Hatcher
George RR. Phillips
Robert P. Chandler
Iand
Itawa
Craig
Delaware
Jayes
Arkansas River
Mississippi River
Muskogee
Tulsa
Chandler
Checotah
Cotton Cooperatives Face Losses and Board Responsibility
A study on southeastern cotton cooperatives led by Dr. Gee and E. A. Terry argues losses from 1930-31 should be borne by the revolving fund of the federal Farm Board. The piece notes the plan stabilized operations and that solvency depends on federal support for the cooperatives under the Farm Credit Administration.
MENTIONED IN THIS ARTICLE
Federal Board
Federal Farm Board
New Farm Credit Administration
Fitts Field May See More Oil Action
Increased drilling in southeastern Pontotoc and western Coal counties expands holdings by Continental Oil and others. Continental adds 1000 plus acres, brings total to about 3500, near King Delaney and Choctaw wells. Midcontinent reports tract purchases in Graben while Thompson No 1 drill near Jesse stalls at 1070 feet for a fishing job. Congress awaits Roosevelt plan to rename Smith as Federal Power Commission chair. McNinch rumored to replace.
MENTIONED IN THIS ARTICLE
Pontotoc County
Continental Oil Company
Coal County
King-Delaney
Fitts
Choctaw Oil and Gas
In-Ze
Choctaw Oil and Gas Company
King Delaney
Byron Sledge
Radial Oil Company
R. W. Simpson
Midcontinent Oil Company
Thompson
Jesse
Belgium faces worsened debt payment outlook
Brussels reports that Belgium's financial standing has deteriorated since December 15 and will render the debt installment to the United States unpaid. Officials also refuse to allow a brer tavern ban on the campus, signaling tighter control.
MENTIONED IN THIS ARTICLE
Brussels
Belgium
United States
Pontotoc County Approves 1933 School Transfers
Pontotoc county advances 1933 transfer plan as 627 applications approved and about 20 pending. Transfers from rural districts include Francis 35 Latta 47 Vanoss 250 Byng 83 Fitzhuch 32 Stonewall 135 Roft 11 Allen 14 Adam. No grade transfers. Bus routes link rural areas to centralized high schools. Vanoss cited as largest centralized project in state and perhaps many states.
MENTIONED IN THIS ARTICLE
J. W. Huff
Francis
Latta
Vanoss
Byng
Fitzhuch
Stonewall
Roft
Allen
Adam
Pontotoc County
Huff
Greatest returns for amount s invested News Classified Ads
A compact notice markets lucrative returns on specific investments. It promotes financial opportunities and urges readers to compare offers and rates, highlighting potential yields and risk considerations in a straightforward ad style.
Cotton factories near High Peak on strong run
June reports from the New York exchange service show domestic cotton mill activity at a multi year high with very large orders and low mill stocks. Output is expected to stay high through summer despite potential contraction from industrial recovery measures and world consumption for the season is forecast around 13.8 to 14 million bales.
MENTIONED IN THIS ARTICLE
New York
New York Exchange Service
Son of Judge Busby Suffers Broken Arm
Philip Busby twelve year old son of Justice Orel Busby of the supreme court broke his right arm last night after falling from a second story window at the Busby home. The youth was half asleep and mistook the window for a door.
MENTIONED IN THIS ARTICLE
Oklahoma City
Philip Busby
Orel Busby
Supreme Court
Busby
Justice Busby
Pontotoc County Leads Oklahoma Rural School Accreditation
Report shows Pontotoc county among state leaders for upgrading rural schools. Of 77 counties only 12 have more accredited rural schools, with Pontotoc totaling 523 rural schools and 36 accredited. County official J. W. Huff expects favorable comparison with top counties as plans are made to secure accrediting next year.
MENTIONED IN THIS ARTICLE
Oklahoma
Pontotoc County
J. W. Huff
Federal relief work proceeds in Pontotoc county
In Pontotoc county the federal relief program advances with several hundred men on nearly 30 crews carrying out road building and other work under C. L. Gibson. Projects east of Ada near the lake and other sites occupy crews as plans for a Byrd's Mill spring lake remain pending.
MENTIONED IN THIS ARTICLE
Pontotoc County
C. L. Gibson
Ada
Gibson
Byrd
Britain to pay 10 percent of war debt installment
London reports that Britain will make a 10 percent token payment on the 75 950 000 war debt installment. Neville Chamberlain will announce this in the house of commons after Roosevelt's assurance that he will accept in his own name, not binding Congress.
MENTIONED IN THIS ARTICLE
Melvin K. Whiteleather
Associated Press
London
Great Britain
Roosevelt
Congress
House of Commons
Neville Chamberlain
Germany
Lausanne
Grass Growing On Front Lawns Tests Hoover Claim
The article notes a counterpoint to Mr Hoover's warning that grass would grow in the streets this summer. It suggests the reality is visible at private residences where lawns have substantial growth, challenging the dire forecast with on scene observations.
Haifa Movie Couple to Renew Wedding in Hollywood
A film couple married in Havana last January plans another ceremony soon in Hollywood. Photographers missed the first event, making the second union the focus of local showbiz chatter.
MENTIONED IN THIS ARTICLE
Havana
Hollywood
Wiley Post Plans World Flight From Oklahoma City
Globe circling aviator Wiley Post leaves Oklahoma City in the rebuilt Winnie Mae for New York to prepare for a second around the world flight. He will stop at Dayton for radio gear and then install robot control in New York before a hoped takeoff in about a week. Post’s companion Harry Frederickson and wife Mrs. Post bid him farewell as he aims to surpass the 1931 solo record of 8 days 15 hours 51 minutes.
MENTIONED IN THIS ARTICLE
Oklahoma City
UPX
Wiley Post
Globe-Cirling
Winnie Mae
New York
Post
Dayton
Ohio
Harry Frederickson
Harold Gatty
Bishop Cannon to Speak in Ada Next Tuesday
Bishop James Cannon, noted prohibition speaker, will address Ada's Baptist tabernacle Tuesday evening June 20 at 8 o'clock. The county anti beer committee announced the event, noting Cannon's long public career and the controversy that surrounds him.
MENTIONED IN THIS ARTICLE
James Cannon
Prohibition
Ada
Baptist Tabernacle
County
Anti-Beer Committee
Bishop Cannon
al Smith
Virginia
Hoover
Mystery hen disappearance puzzles Vinita treasurer
Vinita Oklahoma county treasurer FE M Lanrum reports a brood mystery as a setting hen’s eggs vanish and four chicks appear in the nest. The hen seems content with her brood despite the puzzling switch.
MENTIONED IN THIS ARTICLE
Vinita
Okla
FE. M. Landrum
Landrum
Also Mentioned on This Page
Mortgagor
Mortzacees
J. A. Griswell New School Board
J. A. Chewell
Ada Board of Education
J. G. Witherspoon
T. J. Murphy
B. R. Stubbs
Kett
Total
Highway Commission
Farm Board
Southeast
Wilson Gee
Edward Allison Terry
University of Virginia
University, Va
South
Montgomery
American Cotton Association
American Cotton Cooperative Association
Fitts Field
Conoco and
Midcontinent
George Otis Smith
Federal Power Commission
Smith
Geological Survey
Power Commission
Frank R. McNinch
High Peak
Nelice
Britain
Lewis Speaks UP
Lewis
CP America
Ilinois
Italy
America
T. J. Chambless
Rennie L. Moore
Ada Hospital
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