Survey Findings Predict Home Construction Hike
A Houston report notes expectations for a 12 percent rise in 1971 residential construction from a survey of 100 local analysts and economists. Owens Corning market researcher Allan W. Cox cites 1.65 million starts for 1971, 925,000 single family homes and 725,000 multifamily units, with December starts up 29 percent year over year. The Regions show broad gains with Chicago, Detroit, New York, and Southern California leading, and Fort Lauderdale and Louisville among hardest hit last year.
MENTIONED IN THIS ARTICLE
Houston
National Association of Home Builders
Allan W. Cox
Owens Corning Fiberglas Corporation
Cox
Figne
Cording
East
New York
Philadelphia
Boston
Midwest
Chicago
Cleveland
Detroit
Kansas City
Minneapolis
Owens-Corning
California
Fort Lauderdale
Louisville
Glass ceramic cooktops safe for pots and pans tests
AP News features report that glass ceramic cooking surfaces can handle dropping a four pound frying pan from 30 inches without breaks. The material tolerates up to 1200 degrees F with modular tops from three manufacturers.
MENTIONED IN THIS ARTICLE
AP News
National ‘Association of Hoge
Houston
Louisville Bank Cuts Interest on Loans
Louis ville Bank for Cooperatives president Thomas N Farr announced rate reductions effective Feb 1. Seasonal loans drop from 7 to 6 percent and term loans from 7 44 to 7 percent as lower borrowed funds costs enable savings passage to borrowers. Farr warned the trend may shift but banks will review rates monthly to keep earnings sound. The bank has over 184 million outstanding to 289 farmer cooperatives in KY IN OH and TN.
MENTIONED IN THIS ARTICLE
Louisville
Thomas N. Farr
Louisville Bank For Cooperatives
Farr
Coop
Relatives
Kentucky
Indiana
Ohio
Tennessee
New Legislature To Be Elected In North Vietnam
Tokyo AP reports Hanoi announced that North Vietnam will elect a 420 member legislature on April 11. This will be the fourth legislature elected since 1946, following the prolongation of the third assembly elected April 26, 1984 due to the Vietnam War.
MENTIONED IN THIS ARTICLE
Tokyo
North Viet Inam
Hanoi
Vietnam
Joint In Return For The Case For Grass
In San Francisco after ACLU program The Case for Grass, the plate passed. It returned with 29 dollars and 38 cents and one marijuana cigarette.
MENTIONED IN THIS ARTICLE
San Francisco
American Civil Liberties Union
Insurance Can Be Deferred
Cincinnati farmers may defer reporting crop insurance proceeds on 1970 income tax returns under the Tax Reform Act of 1969. Farmers must show under their practice they would report income in the year after crop damage or destruction, typically by delivering crops in the following tax year. Publication 225 from IRS provides guidance, available free via county agents or district offices.
MENTIONED IN THIS ARTICLE
Cincinnati
Paul A. Schuster
IRS
Southern
Ohio
Schuster
Bleaching Wood Finishes Through History and Care
Bleaching wood aimed to create a light even tone for uniform staining and better wood imitation. The article notes home made and commercial bleaches, safety measures, ventilation, timing per brand, and post treatment sanding, plus containers avoiding metal. It advertises Andy Lang’s Practical Home Repairs handbook for sale.
MENTIONED IN THIS ARTICLE
Andy Lang
Jeaneck
N.J
Oak Flooring's Versatility Defines Interior Style
Oak flooring offers individuality with unique grain patterns and colors, never identical pieces, adding warmth and character to homes. Four basic patterns include narrow strips and parquetry. finishes use moisture resistant polyurethane or pigmented sealers for fade-proof options, with life spanning fifty plus years. Oak walls mirror the floor’s charm, curving with panels and curved edges.
Tax Reform Affects Farm Sale Profits in 1969 Law
Cincinnati report outlines changes under the Tax Reform Act of 1969 affecting farm property sales and livestock. Gains from soil and water conservation expenditures and land clearing costs shift to ordinary income if sold within five years, with extended holding reducing tax impact. cattle and horse holdings for draft or dairy use must reach two years for capital gains, and depreciation on livestock now yields ordinary income. IRS Publication 225 Farmers Tax Guide available via county agents or IRS offices.
MENTIONED IN THIS ARTICLE
Cincinnati
Paul A. Schuster
IRS
Southern Ohio
Schuster
Home Repair Q and A on Wax Removal and Nail Popping
A reader asks if benzine is safe to remove wax from a wood floor and advisers warn against its flammability. They recommend a commercial wax remover with label directions for safety and results. The second query concerns gypsum board walls with nail pops from stud shrinkage. Solutions include rehammering and patching, or drilling new nails below old ones, dimpling, patching, smoothing, drying, sanding, and repainting, plus a reference to Andy Lang's book with a 25 cent request.
MENTIONED IN THIS ARTICLE
Andy Lang
AP Newsfeatures
Dunlap Held On Bond In Federal Case
Fred L. Dunlap, 42, of Cincinnati, was held on $10,000 bond in Newport jail awaiting federal grand jury action. U S Marshals arrested him at Greater Cincinnati Airport as he tried to board a TWA flight to New York City with a revolver in his possession.
MENTIONED IN THIS ARTICLE
Covington, Ky
Fred L. Dunlap
Cincinnati
Newport, Ky
Dunlap
U.S
Greater Cincinnati Aiport
Trans World Airlines
New York City
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Caleb Hormbostel
West 48Th Street
N.Y
Wifers Ar “ Fower
Buckeye Rural Electric Co.op
Davis S. Greene Equipment Company
Albany
George
Chaim
Jack W. Carsey
Mgr
N. Vietnam
Huntington
Athens Tile and
Mr. Marble
Byrnes
Kittle Lumber & Supply CO
Glouster
Ohio Corning
Old Man Winter
Tek _ aye MO CME
Athens
MAT. Co
Columbus
Richland Ave
C&e