Federal loan rules ease mortgage terms for mid range homes
The Federal Home Loan Bank board authorized broader mortgage and down payment terms for federal savings and loan associations. They may issue mortgages up to 26500 with a 10 percent down payment on the first 25,000 of value and 20 percent on any amount above that, for up to 23 years. For a 30000 house this implies a 3500 down payment, compared with previous rules. Towns may also finance construction, with the excess mortgage held back until completion.
MENTIONED IN THIS ARTICLE
Washington
Feeralome Loan Bank Board
Federal Savings and Loan Associations
Federal
Reds Harass Labor Force in East Berlin
East Berlin authorities moved to burden residents who live in the East but work in the West by requiring payment of rent, electricity, gas and water bills in West German marks at a rate near five East marks per West mark, reflecting the currency disparity.
MENTIONED IN THIS ARTICLE
Berlin
East Berlin
Red East
West Berlin
Trainiug
T Slich
Mom Seeks News After Jet Hijack Incident
Parents of Chester Romans, a 19 year old awaiting Air Force induction, search for word after their son was aboard a Continental Airlines jet hijack attempt. Reports say Chester was not harmed, though his papers were mishandled and he may have been among the 73 passengers en route to Lackland AFB.
MENTIONED IN THIS ARTICLE
Wwe
Hayward
Continental Airlines
Leber
Erwin Romans
Melvare Ave
Chester
Lackland Air Force Base
San Atlanto
Tex
Mm Yester
Jay
el Paso
Todays Prayer Our Father in heaven hear our prayer
A devotional plea asks for the Holy Spirit to bring light in hardship and see a path where no evil prevails. The prayer seeks guidance, comfort, and inner strength amid struggle, urging trust in divine plan and safety for the world and self.
Shortage Told In California State College Budget
Dr Buell Gallagher chancellor told trustees that the Finance Department proposal of 81 582 521 for 1962 63 would be about 2 million short of system needs due to enrollment and salary rises. Administrative officer Non Lieffer said a full review would be sent to the finance department and revised upward before adoption. Dale Wren met with the board and state college representatives at the meeting.
MENTIONED IN THIS ARTICLE
Buell Gallagher
California
State College System
State Finance Department
California State College Board
San Jose
Gallagher
Non Lieffer
College System
State College
Finance Department
Liefer
Dale Wren
Hayward State College
Need For Air Hijack Laws Told Hearing
Senate hearings on airline hijacking demand swift passage of laws to make hijacking punishable by life imprisonment and to stiffen penalties for sky crimes. FAA chief Halaby cited threats from drunks, tools, and spies, as testimony followed Thursday’s Continental 707 hijack and hostage recapture in El Paso.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
Najeeb E. Halaby
Federal Aviation Administrator
Leonard Gilman
Gilman
el Paso
Cuba
U.S
Cmmore
Fidel Castro
Gilmat
Halaby
Castro
Civil Aeronautics Board
Air Line Pilots Association
Flight Bagineers International Association
FAA
Prs
Rim
Tocel
Pilot Opposes Carrying Firearms On Planes
The pilot of an unnamed airline says arming crews would cause more problems. Byron D Richards of Redondo Beach argues armed crews might provoke violence and hurt someone. Federal aviation chief Na jeeb Halaby had earlier discussed arming crews.
MENTIONED IN THIS ARTICLE
Los Angeles
Byron D. Richards
Redondo Beach
el Paro
Najeeb Halaby
Federal Aviation Ageniry
Moscow Note Reds Offer To Talk On Berlin Question
The Soviet government told the United States and other Western powers in a note that it was ready to negotiate a settlement of the Berlin question but warned against military threats.
MENTIONED IN THIS ARTICLE
Moscow
United States
Berlin
Britain
France
West
Germany
Phomier Khrushchev
East Germany
Ier
Parallet
Rasta
West Germany
Alletterman
Wester
Protti
Russia
West Berlin
Khrushchev
Armintore Fanfani
Tewy
Nat
Ian Firniness
Wohuld
Stern
Religious Cult Raided In Illinois
Federal and local authorities stormed the estate of John R. Harrell in Illinois, arresting Harrell and followers on desertion and related charges. The raid at the Mount Vernon styled estate occurred with no shots fired and involved FBI agents, police, and county officials amid past controversies surrounding Harrell's Christian Conservative church and anti-Communist school.
MENTIONED IN THIS ARTICLE
Louisville
API
FBI
Aniafe
John R. Turrell
Hurrell
Harrell
George Washington
Mount Vernon
Nomia
U.S. Senate
Christian Conservative Church
Tau Javille
Fusal
Jurisdiction Decided Murder Trial Move to Contra Costa
Alameda County and Contra Costa County officials agreed to transfer the murder case of Joyce Mariel Lovett from Alameda to Contra Costa. Ronald K. Henderson, 38, is charged with the brutal slaying. investigation and arrest remain ongoing with Alameda officers praised for their work. The case will be presented to the Contra Costa Grand Jury for indictment before any preliminary hearing.
MENTIONED IN THIS ARTICLE
Ronald K. Henderson
Joyce Mariel
Lovett
Alameda County
Contra Costa
Francis Dunn
Ally
Ittrank
Coakley
Conkle
Dunn
Taole
Contra Costa County
Grand Juice
Tower Court
Ala- Tacda County
Lavell
Sant Joso
Aray Sundl
Henderson
Soviet Claim US Ship Rammed Tanker Near Straits
A Soviet newspaper accuses an American vessel of deliberately ramming a Soviet tanker bound for Cuba with an oil shipment. It reports the incident occurred near the Straits of Giratiae as the US ship Jeanette Geen sailed at high speed in fog, violating sea rules.
MENTIONED IN THIS ARTICLE
London
Cuba
Tead
Central Soviet ‘Trade Union Council
Straits of
Giratiae
Russi Giyken
Alan Avas Hamard
Gecou
Niles
Tasy Naor
Jeanette Geen
Senate approves huge peacetime military spending bill
The Senate passes a record 316.8 billion defense bill amid debate on civil defense funds and school aid. The measure, largest since wartime, funds Army Navy Marine and Air Force manpower growth, ships, tanks and weapons, with Republicans opposing amendments and calls to cut civil defense outlays.
MENTIONED IN THIS ARTICLE
Senate
Dial
Stephen M. Yount
Ohio
Army
Navy
Marine
Damier Spots
Welfare Spending Drops in County Relief Funds
A county report shows relief expenditures fell from the year’s high to 2,708 as spring and summer employment rise. Aid to families, disabled, and elderly programs declined, while senior and general assistance saw reductions amid seasonal opportunities.
MENTIONED IN THIS ARTICLE
Mamoda
Coma Wolffe Iertor
Harold Kehow
Wehoe
Embargo Talk Focuses on Berlin Pressure and Trade
The United States ruled out an immediate total embargo on the Communist bloc while signaling potential changes if Soviet attitude toward Berlin continues. State Department cited past trade levels with Russia and the bloc and warned relations could be revised, including economic ties, if pressures persist.
MENTIONED IN THIS ARTICLE
Washington
UPI
United States
Berlin
State Department
Iow
Soviet Union
Europe
Nnties
Russia
Ussr
Fotal
U.S
Tie Bloc
Welfare policy criticized by San Leandro official
San Leandro Chamber of Commerce speakers attacked California's welfare board as creating fraud and immorality by liberal interpretations of aid rules. They warned that cash payments and benefits to mothers on the aid to needy children program could cost Alameda County up to 13 million dollars next year. The remarks highlighted perceived misuse and calls to tighten eligibility and enforcement, including parental absence rules and new attempts to curb illegitimacy and outside support in the program.
MENTIONED IN THIS ARTICLE
San Leandro
Maeda County
Istile Board
Evan
Jester
Kai
Tester
Discriet
Hee Childeen
Thorne
Magazines For Guards Sought Along the Truce Line
United Nations Command appealed for donations of magazines for off duty South Korean soldiers along the Korean DMZ. The command said life for guards is lonely and reading material would provide entertainment and relaxation during off duty hours.
MENTIONED IN THIS ARTICLE
Winwt
UPD
United Nations Command
Eneiny
Also Mentioned on This Page
U.S. Immigration Service
Mike Monroney
D-Okla
Senate Aviation Subcommittee
Sen. Monroney
Telephata
Goles Agoyt
Beckley
Foothill Blvd
Hayward Lucerne
Hayward Boy
Chester Romans
Hijnekod
Airmuitr
Reds
Ilinois
Meine Dion Davia
Caray Iejeune
Ayrily
Greenville
Actiousleg
Senate Ol
Uaniman AR
A. Willis Robertson
Bs Toor
Frank J. Laniselte
Mohio
Kay E. Mandl
Reputicans
Wighe Stotse
D-Ore
Waller
Red Bloc
Stite
Obiideen
Abe
Alaveda
GIANT
Sor Sam Bosumi
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