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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 23, 1938
Page
11
Federal Housing Administration officials say steady income beyond cash reserves now drives long term mortgage approval. The shift, accelerated by the National Housing Act, has widened access as private lenders collaborate with FHA insured programs to offer guidance through thousands of lending units nationwide.
Local building industry members launch cooperative advertising with a nationwide effort claiming homes offer 25 to 40 percent more value today. Campaign highlights lower financing, 16 value points, and modern materials making 1938 homes cheaper to build than ten years ago. Sponsors include City Refrigeration, Duke Power, Sears Roebuck, and several local lumber and furniture firms.
The National Housing Act administered by the Federal Housing Administration provides guidance on local conditions and factors for home buyers. It outlines obligations to liquidate debts, tests repayment ability, consolidates charges into a single monthly payment, and adds protection through proper fees and property standards.
The Federal Housing Administration says 1937 saw more non farm dwelling units built in the United States than any year since 1930. About 285,000 units were started in urban and rural non farm areas, with 1935 and 1936 totals around 269,000 and 270,000 respectively.
The creosote bush disperses seeds and releases a chemical that slows germination of nearby seedlings, reducing competition as it spreads its own progeny.
The light seen on masts and spars of ships, called St Elmo's Fire, results from a slow discharge of electricity.
A recent magazine survey shows air travel ranking higher in popularity than motion pictures. The poll tracks reader interest in transportation and entertainment, highlighting travel as the favored pastime among respondents.
The Federal Housing Administration provides painting guidance for small houses. Exterior trim should be back painted before erection and the outer surfaces receive three coats of oil paint or two coats per manufacturer instructions. Interior woodwork needs at least three coats, with a high gloss enamel favored for kitchens and baths.
Benzine once named benzine and today often called benzol, while benzene is a distinct chemical. The terms have caused confusion historically as nomenclature evolved in chemistry and industry.
The Mississippi Missouri river system is reported to have an average flow of 675000 feet per second, a figure illustrating the scale of water movement within the watershed.
The article advises placing light switches near the most used internal entrances after dark. Living rooms should have switches by the living room entrance, kitchens near the dining space entrance, and vestibule or street lighting can illuminate the area to prevent injury. It notes wiring may be funded by a Property Improvement Credit Plan loan.
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