Foreclosure rates grow as postwar issues ease housing boom
The end of postwar inflation and housing shortages is lifting foreclosure fears, though rates rise in some areas. NAHB reports the national rate is not yet at dangerous levels, but FHA and VA loans show higher foreclosures. Regional swings reflect defense declines, unemployment, and mobility.
MENTIONED IN THIS ARTICLE
National Association of Home Builders
Business Letter Impact
NAHB
Federal Housing Administration
Veterans Administration
Detroit
Fort Worth
Philadelphia
del Rio
Killeen and Laredo
Texas
Wichita
Kan
Orlando
St. Petersburg
Miami
Florida
Montgomery County
Soa
Distressed Areas Program Faces House Challenge
The article notes federal programs for economically distressed areas risk becoming a lasting, unmanageable system. Lawmakers must enforce the original Area Redevelopment Act terms and delay extensions until proven, while pursuing a broad review of all low income area programs to assess their overall impact.
MENTIONED IN THIS ARTICLE
Congress
Gressmen
Workforce action shows power of employees in politics
A corporation pressed lawmakers over new federal business controls and more than 500 employees contacted Congress. In total 248 members heard from grassroots workers, illustrating strong employer employee cooperation that benefited all involved.
MENTIONED IN THIS ARTICLE
Congress
X15 Flight Tests Amid Sino Soviet Talks and Global Tensions
The report covers a crippled X15 test during a high altitude flight led by Maj. Rushworth with the craft reaching 103000 feet and 3813 mph. Separately, Chinese Soviet talks in Moscow face friction as Beijing seeks clearer guidance amid ideological disputes.
MENTIONED IN THIS ARTICLE
Moscow
UPI
Kremlin
Edwards Air Force Base
Talki Ly
Calif
Bobj
Communist Party
Newna
Rushworth
Peking
Kremper
Pravda
Lin
Soviet Union
Kish
Thei
Space Agency
Air Force
Rand
Paris
St. Thomas Aquinas
Joe Walker
Peter Abelard
Stal
Bob Latin
Washington and Khrushchev shift in Cold War talks
The article discusses Western reactions to Khrushchev's apparent openness to talks. It notes no firm break in Soviet-China tensions and the risk of overreaching before seeing real moves. It offers marching orders for a job letter and cautions against premature aid to Khrushchev.
MENTIONED IN THIS ARTICLE
P.O
Norman
Khrushchev
Washington
Moscow
New York
Herald Tribune
China
Union
Khru
Ishchev
Mr. K
Warship of 1812 echoed in verses and world news
A veteran narrates the era of early naval power contrasting it with modern ships. The piece wanders through wartime imagery, Soviet politics, pepper trade, and an Indiana apple and peach crop forecast, weaving history with current events and political speech.
MENTIONED IN THIS ARTICLE
Sumatra
Moscow
West
Berlin
West Berlin
Lafayette
Ind
Indiana
NATO
Russia
Growth Stock Guidance For Fixed Pension In Retirement
A reader asks whether growth stocks fit a fixed pension plan and seeks advice from Roger E. Spear. The assistant recommends holding solid income producers and considers Treasury 4s as a hedge, noting available sale prices and redemption need for Series 6 bonds.
MENTIONED IN THIS ARTICLE
Roger E. Spear
Toledo Edison
W. T. Grant
Grant
H.b.land
Treasury
U.s.treasury
Spear
The Shepherd The Child Who Died And Mother's Grief
A religious verse reflection urges comfort in God during sorrow. It recalls a child’s death and the mother’s tears, trusting God’s word that light may endure beyond grief. The piece closes with the name Julien C Hyer.
Also Mentioned on This Page
New England
West Virginia
Pennsylvania
Distressed Areas Program
Roscoe Drummond
Norman P
Tate
Hopkins Syndicate
James
B. Martin
Business
Col- Salem
St. Peters
Burg
Leningrad
William Wade
Zanzibar
Calcutta
Bombay
Batavia
Arabia
Australia
Salem
Albania
Khruschev
Roumania
Poland
Wladyslaw Gomulka
Nial Congress
Kennedy
Eisenhower
Europe
Dom
Khri
Boston
Nixon
THE
Anderson Herald
Anderson Newspapers, Inc
Edwin A Bailey
George D. Crotenberger
Harriet W. Toner
Robert E. Jackson
Anderson
Indl
Madison
SRE
Associated Press
Associated Presare
AP News
Val
Dera Trem
WiaThse Suriau
Mississippi
Upper Great Lakes
Rockies
Plains
Plateau
Pacific Northwest Coast
the Shepherd
Jer
Julien C. Hyer
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