Building costs key factor in few FHA loans here
Cedar Rapids FHA director O A Brandt cites high local building costs as main reason for sparse insured loans. He notes Cedar Rapids houses cost more than in Waterloo Des Moines or Sioux City, leading to lower appraisals and fewer FHA insured loans locally. Brandt sees FHA as vital for moderate incomes if home costs align with building costs.
MENTIONED IN THIS ARTICLE
Cedar Rapids
O. A. Brandt
FHA
Federal Housing Administration
Brandt
Iowa
Waterloo
Sioux City
Des Moines
FHA Insured Loans Promote Low-Down Home Purchases Abroad Sailor Plans Atlantic Crossing
FHA official Brandt outlines insure loans up to 90 percent for new homes and 80 percent for old ones with long terms and no lending by FHA itself. He cites a $6,000 example and monthly payments, plus a separate tale of Lastinger’s solo voyage to Genoa in a small 27 year old boat after prior near disaster at sea.
MENTIONED IN THIS ARTICLE
Brandt
FHA
Atlantic Ocean
Genoa
Italy
Atlantic
Daytona Beach
Fla
Spain
Coast Guard
Lastinger
Unsung Heroes Hollywood Directors Need Credit
A writer praises directors as unsung heroes who shape great acting. He recalls a scene where the director complimented the emotional pain, revealing he intentionally added a tack in the actor's shoe to heighten realism.
MENTIONED IN THIS ARTICLE
Hollywood Picture
Sailor Plans 5000 Mile Atlantic Sail Aboard 18 Foot Yawl
Al Lastinger of Lakeland Florida will sail from Tampa in March to cross the Atlantic in an 18 foot yawl with a four months supply of food a compass and a radio. The projected voyage covers about 5000 miles and aims to test long distance ocean sailing with an outrigger craft.
MENTIONED IN THIS ARTICLE
Tampa
Fla
al Lastinger
Lakeland
Kay Francis Engaged to German Nobleman Count Barnekow
Hollywood glamour girl Kay Francis disclosed plans to marry Count Raven Erik Barnekow, a young German nobleman in the aviation business. They began dating last summer after meeting at the Beverly Hills home of Countess di Frasso and expect to wed within a few months.
MENTIONED IN THIS ARTICLE
Hollywood
INS
Kay Francis
Raven Erik Barnekow
Miss Francis
Beverly Hills
Countess di Frasso
Count Barnekow
Four Wounded in Sterling Clash Between Deputies and Strikers
In Sterling Illinois, four people were wounded during overnight clashes at the North Western Barbed Wire and Redmill plant as deputy sheriffs and over 200 strikers faced off. Howard Scott and Robert Glass were hurt in a gunfire exchange with Special Deputy James Cunningham, who was wounded. Scott suffered a serious abdomen wound. Glass and Scott fired back, mistaking Cunningham for a striker. The scene saw tear gas rounds, rocks and clubs, and protective forces reinforced to prevent further violence.
MENTIONED IN THIS ARTICLE
Sterling
Redmill Company
Howard Scott
Robert Glass
James Cunningham
Glass
Scott
Cunningham
Sterling Public Hospital
Guado
Paris
Japan suspends Alaska salmon fishing as friendly gesture
Tokyo reports Japan will suspend its experimental salmon fishery in Alaskan waters this summer to show goodwill toward the United States. The commercial paper Chugaishogyo said the move follows a pledge of friendship and mirrors a similar announcement.
MENTIONED IN THIS ARTICLE
TOKIO
INS
Japan
Alaskan
United States
Chugaishogyo
Pacific fishing policy dispute cited by Fish
Rep Hamilton Fish of New York notes fishing interests on the Pacific coast and in Alaska accuse Japan of poaching and undermining the industry.
MENTIONED IN THIS ARTICLE
Hamilton Fish
New York
Pacific Coast
Alaska
Roosevelt denies delay of reform to aid recovery
President Roosevelt in Liberty magazine says reform remains essential and will not be postponed for recovery. He argues reform and recovery are permanent partners for lasting national security, rejecting a view that reform should wait until after economic revival.
MENTIONED IN THIS ARTICLE
New York
Roosevelt
Liberty Magazine
Gypsies Face Constitutional Crisis as Queen In Prison
In Chicago an American gypsy community faced a constitutional crisis after Queen Mary Bimbo, 59, was found guilty of fleecing Stanley Kozak of Kenosha Wisconsin of 615 dollars and dethroned for up to ten years. Her husband Tiny Bimbo is jailed in an eastern penitentiary.
MENTIONED IN THIS ARTICLE
Chicago
INS
Mary Bimbo
Criminal Court
Rush
Stanley Kozak
Kenosha
Wis
Tiny Bimbo
Spy Charges In Commons Air Force Espionage Scare
London reports sensational charges of widespread espionage and sabotage of Britain’s new military aircraft. The air ministry confirms a new spy scare involving the Royal Air Force’s latest bombing planes and details will be debated in the House of Commons.
MENTIONED IN THIS ARTICLE
London
Britain
Air Ministry
Royal Air Force
United States
Miss X
House of Commons
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