FHA Mortgages Aim To Rebuild U S Home Loans
A government housing official predicts FHA rule changes will reverse a trend away from FHA insured mortgages. FHA plans to cut down payment requirements while raising interest rates and compulsory insurance, aiming to attract lenders and revive its role in financing homes. The agency does not lend money. it insures loans.
MENTIONED IN THIS ARTICLE
Washington
FHA
Federal Housing Administration
Federal Agency
Veterans Administration
British Claim Flu Vaccine Development Stirs Hope
A British research team led by Dr. F Himmelweit of the Wright-Fleming Institute announced a vaccine to combat the Asian flu epidemic. He said laboratory tests are promising and protection levels will be known only after real-world use, with hopes Britain can secure enough vaccine to thwart an outbreak.
MENTIONED IN THIS ARTICLE
London
INL
F. Himmelweit
Wright-Fleming Institute of Microbiology
Britain
Libel Trial Testimony Comes Close for Movie Stars
Dean Martin faced a subpoena to appear at a high profile libel trial tied to Confidential magazine. Rory Calhoun and about 190 other celebrities were summoned to defend against alleged spicy stories as not true. Tab Hunter sought to quash his subpoena ahead of today’s session, urging a judge to shield him from embarrassing moments on the stand.
MENTIONED IN THIS ARTICLE
An Martin
Rory Calhoun
Martin
Tab Hunter
Gilbert D. Seton
Seton
Herbert V. Walker
Hunter
Gum Machine Draws Detroit Customers to Pay in Installments
A Detroit jewelry store offers a gum machine that dispenses free gum to customers who pay on installment plans. The quirky incentive aims to boost payments and attract shoppers to settle accounts.
MENTIONED IN THIS ARTICLE
Detroit
Kefauver and U S Steel Chief Clash in Hearing Room
In Washington the Senate inquiry into steel pricing sparks a sharp clash between Senator Estes Kefauver and U S Steel Corp chairman Roger M. Blough. Kefauver denounces a bid to trap him while Blough objects to questions and timing as the hearing proceeds. They debate costs from the July price rise and its effect on living costs, with Kefauver accusing the company of attempting to control the process and Blough defending their stance.
MENTIONED IN THIS ARTICLE
Washington
INS
Senate
Estes Kefauver
D., Tenn
U.S. Steel Corp
Kefauver
Cairman
Roger M. Blough
Steel
Blough
Brough
Lake George
Chamber of Commerce
U S Releases Giant Balloon From Grenier Air Force Base
The 300 foot helium balloon, released at Grenier AFB by the Air Force research center, will rise to 90 000 feet and drift across the U S for about five days. It will transmit atmospheric data to ground stations while reporting unusual aerial sightings.
MENTIONED IN THIS ARTICLE
Manchester
N.H
Grenier Air Force Base
T Air Force Research Center
Bedford
Mass
United States
Rocky‘ Mountains
West Coast
Air Force
Grenier
State Pays 5000 Debt to Ex Convict Hamlin
California reimbursed Franklin John Hamlin for wrongful imprisonment in a San Francisco jewelry robbery case. Hamlin, 44, spent a month at San Quentin before another man confessed. Governor Knight pardoned him in January 1954 and the Legislature appropriated 5000 to compensate him. Attorney Neal R. Gray forwarded the net amount.
MENTIONED IN THIS ARTICLE
San Francisco
Hamlin
Neal R. Gray
Police urge photos of expensive jewelry for theft recovery
Detective Sgt. A R Bolen of the States Police asked jewelers in Chenton New Jersey to photograph valuable gems and keep images on file with local police to aid identification and recovery in case of loss or theft.
Rayburn urges GOP aid on voting rights bill
House Speaker Sam Rayburn urged Republicans to back the Senate approved civil rights bill noting its fate rests with GOP support. Deputy Attorney General William P. Rogers warned that a jury trial amendment would clash with traditional procedures. The process would move through the House Rules Committee before a conference.
MENTIONED IN THIS ARTICLE
GOP
Joseph W. Martin
Massachusetts
William P. Rogers
Martin
Washington
INS
Sam Rayburn
Texas
Rogers
House
Senate
House Rules Committee
Senate House
Antee
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