Backlog of VA FHA loans keeps liberal terms
Washington reports buyers can still secure pre July 30 liberal VA and FHA loan terms. Many VA approved homes remain unsold under old rules, with backlogs extending into winter. FHA also backs about 100,000 homes, with eight month approvals, while both programs limit changes to contracts signed before July 30.
MENTIONED IN THIS ARTICLE
Robert FL Morison
Washington
Veterans Administration
Federal Housing Administration
FHA
VAFHA
Indust
Harris County Construction Now Totals $155.7 Million
The Houston Chamber of Commerce reports Harris County construction in the first half of 1955 reached 155.7 million dollars, up from 1954. Residential work accounted for 72.22 million, nonresidential 89.51 million including utilities public works schools churches and commercial and industrial projects. Labor force at 400,820. employment at 86,220. Utilities connections rose with electric gas and phone users expanding. Port freight and railroad activity increased while Port of Houston volume rose to 22,240,115 tons. Retail activity grew with department store sales up five percent and total retail sales up 19 percent.
MENTIONED IN THIS ARTICLE
Harris County
Research and Statistics Committee
Houston Chamber of Commeree
Houston
Social Security quarters of coverage explained
The required work for Social Security benefits uses quarters of coverage. A self employed person earns four quarters per year with $409 or more net earnings. farm workers earn one quarter per $100 paid. other workers earn one quarter per $50 wages each calendar quarter. Fully insured at 66 requires at least one quarter for every two calendar quarters since December 31, 1940, with total quarters ranging six to forty. For details contact the Social Security Administration in Houston.
MENTIONED IN THIS ARTICLE
The
Social Security Administration
Crawford Street
Houston
Texas
Accident Facts and Nile Hippopotamus Note
United States data from 1945 National Safety Council yearbook show 43 000 of 72 000 000 licensed drivers in fatal crashes, 36 000 killed, and 1 350 000 involved in nonfatal injuries. A Nile hippo is capable of sudden, seemingly provoked inelegant acts.
MENTIONED IN THIS ARTICLE
Chicago
United States
National Safety Council
July permits show Baytown building momentum
J T Peacock, city building inselector and permit director, on vacation, left records noting July issued 48 permits with construction estimates totaling 305 430. Nine dwelling permits, four new commercial structures, nine garage permits, and many repairs added to a busy month. Moving, plumbing, gas line and electrical inspections netted 868 70 in fees, underscoring steady growth and ongoing development.
MENTIONED IN THIS ARTICLE
J.T. Peacock
Peacock
Baytown
Second Baptist Church
C. C. Redd
Quirks from Around the Globe Highlight Oddities and Delays
A collage of quirks and brief incidents from across the world and the United States. Hoff wins a silver dollar prize per ounce for livestock judging in Chicago, while a bear encounter unsettles a mother and cub. President Eisenhower’s Denver vacation plan delays spark a valet delivery of golf clubs. A London bartender pitches a peace cocktail, and a New Jersey resident reports a tractor shovel theft worth 7500 dollars. In Wisconsin, a nesting phenomenon draws a community festival in Spring Creek.
MENTIONED IN THIS ARTICLE
River Stoux
Towa
Myron Hoff
Hoff
Chicago
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Harris County Construction
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E. E. Hunter
F.H.A. Loans
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Supply CO
March of Dimes
U.S
Ney Soo
Guy Hall
Damen Dink
Texas Water
S. Prueti
Diai
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Onb
Hisenhower
Denver
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Mr. Hower
London
George Mont
Monti
Jersey
Lod, Wis
Lael
Spring Creek
E. Morrow
General
Lennox
Ean With
REDDY
Houston Lighting & Power. Company