Vision of Housing Upturn Fueled by MBA Convention
Mortgage bankers gathered at the MBA convention in Miami Beach see a housing upturn underway with rates likely to stay high for now. Some anticipate slight easing later, while many expect the federal role in housing to grow and private sector incentives to wane. Leaders like Evertt Mattson and Claude Pope predict rates stabilizing near current levels, with Pease foreseeing a minor decline. Housing starts rise as buyers adjust to high costs, signaling continued demand despite elevated financing.
MENTIONED IN THIS ARTICLE
Mortgage Bankers Association
Everett Mattson
Lomas & Nettleton Co
Claude £. Pope
Cameron Brown Co
Raleigh
N.C
MBA
Robert H. Pease
Federal Home Loan Bank Board
Pope
Welfare Aid in Hempstead Tops One Million in Year
Hempstead County Welfare Department reported 1969 70 fiscal year aid totaling 1 004 459 with grants of 548 397 and medical care 139 377 20 plus nursing home payments 164 970 and food stamp improvements likely boosting local money flow. The department notes groceries bought at local merchants 151 715 and state sales tax 4 551 45, while programs now serve about a quarter of a million people monthly.
MENTIONED IN THIS ARTICLE
Hempstead County
Hempstead
Len E. Blaylock
Blaylock
Two Jewish Synagogues Bombed in Rochester
In Rochester New York two Jewish synagogues suffered bomb blasts early today amid a spate of past attacks on churches and public buildings. Police say the incidents appear coordinated but motive remains undetermined. Repairs at Light of Israel Sephardic Center may cost 40000 to 50000 dollars. The Temple Beth Sholom sustained only minor rear damage.
MENTIONED IN THIS ARTICLE
Euin Walghs
Associated Press
Rochester
N. Y
John Masterella
Light of Israel
Solomon Cohen
Temple Beth Sholom
Cohen
Man Hit and Killed by Car Near Yellville Arkansas
AP reports 74 year old Joe Edgar Beavers of near Yellville was struck and killed while crossing U S 62 seven miles north of town. The driver Neva Sisco 25 of Flippin was behind the wheel when the fatal accident occurred Monday night.
MENTIONED IN THIS ARTICLE
Yellville
Ark
Joe Edgar Beavers
U.S. 62
Here
Beavers
Neva Sisco
Flippin
Democratic Party Allows Media to View Spending Reports
Arkansas Democrats release campaign spending filings for the first primary as Republicans refuse to disclose. Key figures include gubernatorial hopeful Dale Bumpers and party secretary J W Beafield who said reporters may inspect the documents filed with the Democratic State Committee.
MENTIONED IN THIS ARTICLE
Bill
Plans Outline $19.3 Million Living Museum at the Spa
The Ozarks Regional Commission and Garland County Cultural and Recreational Commission released a feasibility report for a $19.389 million Mid-American Center living museum at Hot Springs. The project aims to be unique, with no direct Smithsonian role in construction or operation, and was prepared by Vosbeck Vosbeck Kendrick Redinger of Alexandria, Virginia, using $49,228 in federal funds.
MENTIONED IN THIS ARTICLE
Hot Springs, Ark
The
Ozarks Regional Commission
Vosbeck
Kendrick and
Garland County
West Mountain
Hot Springs
Robert E. Graham III
Arkansas
Ozarks Regional
Test Ready for College Bound Student
Feasibility outlines a cultural center near Hot Springs with 300000 visitors first year and 800000 by year ten. Project costs total about 18. If funded by federal bonds it aims for break-even or profit, with Smithsonian involvement declined. Also notes ACT test dates for Hope High School students and college planning.
Right of UN Challenged by Israel
Israeli Foreign Minister Abba Eban questioned the U N General Assembly s right to discuss the Middle East while the Security Council handles the issue He said he would present new charges and that Egypt and the Soviet Union violate the cease fire standstill Aharon Yariv reported missiles in the Suez Canal zone and Israel accused Egypt of deception and aggression The African delegation draft urged talks with Gunnar V Jarring within two months. Israel rejected it
MENTIONED IN THIS ARTICLE
Abba Eban
U.N. General Assembly
Security Council
Mahmoud Riad
Eban
Assembly
Riad
Israel
United States
Middle East
U.N
Egypt
Ehban
Canal Zone
Gunnar V. Jarring
Jerusalem
United Nations, N.y.ap
Saigon commander plans deeper push into Cambodia
The South Vietnamese offensive chief says forces will press further into Cambodia to compel North Vietnam to fight. In Washington, President Nixon signs a law shifting narcotics enforcement emphasis from users to pushers and producers. In Montreal, Mayor warns of assassination risk amid potential political kidnapping spillover. The Nobel Prize in Physics 1970 is awarded to Hannes Alfven and Louis Neel.
MENTIONED IN THIS ARTICLE
Hempstead
Associated Press
Washington (Ap
Nixon
Washington
Bureau of Narcotics and Dangerous Drugs
Saigon
Cambodia
Montreal
Quebec
United States
Stockholm
Hannes Alfven
California
Louis Neel
Grenoble University
Runoff Law Declared Illegal by Arkansas Court
The Arkansas Supreme Court on Monday ruled a state law for runoff elections in state offices unconstitutional, reversing a Pulaski Circuit Court decision. The ruling, sought by Republican Election Commission members, says the legislature cannot alter constitutional provisions for elections. The decision ends with the Nov. 3 candidate with the most votes advancing.
MENTIONED IN THIS ARTICLE
Little Rock
Arkansas Supreme Court
High Court
Pulaski
Tom F. Digby
State Election Commission
All Around Town Highlights Local Political and Community News
A mix of political endorsements and opinions, charity drives, and local notices. Rockefeller endorsed by Arkansas Democrat, Mrs. Earlis McCloughan seeks clothing donations, Marine Sgt Ingram earns Navy Meritorious Unit Commendation for San Francisco Fleet Post Office duties, Mark and Barbara Ward named to Louisiana All-State Band, Rep Pryor announces Rosston Post Office construction, court filings clarify a name amid errors, Steve Sutton injured in Freeport, Hope Booster Club scheduled for Tuesday at 7:30 in Hope High School Science Building.
MENTIONED IN THIS ARTICLE
Billy J. Ingram
J.B. Ingram Jr
Hope, Ark
Marine Barracks of
Naval Station
Treasure Island
San Francisco
Pacific
Mark
Barbara Ward
Natchitoches
LSU
Louisiana Teachers Association
F. B. Ward
Hope
Guy Card
Vietnamese Push Deeper in Cambodia
Lt. Gen. Do Cao Tri said North Vietnamese forces face a new crisis in Cambodia and South Vietnam as his 6,000 troopes capture Snuol and push westward toward Kompong Cham. He claimed no limits on operations and predicted Hanoi would withdraw to seek a political solution.
MENTIONED IN THIS ARTICLE
Robert Tuckman
Associated Press
Saigon
Cambodia
Do Cao Tri
South Vietnam
Bien Hoa
Snuol
Fish Hook
Tri
Kompong Cham
3Rd Corps
Vietnam
Bloodmobile Returns to Hope for Two Day Stop
Red Cross Bloodmobile returns to Hope at Red River Vocational Tech School on Monday November 9 and Tuesday November 10 from 12 noon to 6 pm. Blood Chairman Haskell Jones arranged two two day visits in the fiscal year. August’s visit ran a deficit of 35 pints. goal is 240 pints for the two days. Residents of Hempstead County are urged to donate now to ensure blood supply for accidents and surgery.
MENTIONED IN THIS ARTICLE
Red Cross
Hope
Red River Vocational Technical School
Haskell Jones
Hempstead
Emmet High Talent Show Thursday Night at 7
A talent show will be held Thursday at 7 at Emmet High School with cafeteria service from 6 p.m. Pie and coffee will be served. Contest entrants should contact the school office by Wednesday noon. Event sponsored by the Prone OPA.
MENTIONED IN THIS ARTICLE
Emmet High School
OPA
Also Mentioned on This Page
David Burke
Miami Beach, Fla
General Assembly
Gops Balk
Spa
Studen
Hope High School
Earl D. Downs
U.S
Arkansas Tech
University of Arkansas
Museum Act
Tom Hoge
United Nations, N.Y
AP News Digest
Moscow
Tass
Star
Earlis McCloughan
East Second
Southeast Asia
David Pryor
Camden
Post Office Department
Rosston
Nevada County
L. C. Wyatt
L.C. Wyatt
West 5Th and
Johnson Streets
Steve Sutton
Freeport
Texas
I. J. Sutton
Hope Booster Club
Hope High Sell
Emmet