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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 10, 1935
Page
3
A $3,100 modernization investment reopens a $3,600 annual income opportunity for High Point property owners. The article highlights demand from FHA surveys for renovated conditioned rental homes, a revival for local trades, and employment from builders, dealers, and reemployment offices.
A discussion led by Frank J. Sizemore emphasizes a building and modernization program as a solution to local unemployment. The Ambassador apartments case shows interior and exterior upgrades restoring occupancy and value, with a 2600 dollar cost yielding 3600 dollar annual return. Similar real estate efforts and Better Housing campaigns are cited as proven pathways toward revival, including potential Federal Housing Act-backed relief.
The piece notes a 1934 to 1935 uptick in High Point construction with new homes and renovations. Projections point to continued activity as spring approaches, with architects drawing plans and more buildings planned. It mentions a growing population and housing demand, including newlyweds cited by a magistrate.
A transfer pattern design 5229 offers a six stitch per inch cross stitch suitable for decorating a room with baskets and sprays. The pattern measures 10 by 14 inches and includes material needs a color key and stitch illustrations. Send 10 cents in stamps to The Enterprise Household Arts Dept. at 259 W. 14th Street New York NY to obtain it.
The Chamber of Commerce issued a statement noting loss of party affiliations and the potential consequences of revolutionary changes. It cited Congress delaying major reforms due to haste and urged deliberate development of permanent legislation impacting the national financial and economic structure.
Henry Clay McFldowney, president of Union Trust of Pittsburgh and named the highest salaried banker in America by the government, died today in Atlantic City after a stroke and semicoma. He would have been 67 on March 10, and was a close associate of Andrew W. Mellon.
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