Foreclosures Rise as Easy Credit Fades in Housing Market
LA.C. reports rising foreclosures amid looser financing, noting 1952 at 22,000 nonfarm real estate foreclosures nationally and 1962 at about 4,000 annually. Easy FHA and veterans loans spurred purchases with small down payments, but values stagnate and tighter credit looms. Authorities warn that mortgage lending will tighten as defaults grow and financing becomes harder to obtain.
MENTIONED IN THIS ARTICLE
Housing Administration
U. S
FHA
Veterans Loan
La.c
Optical office offers eye exam and lens repair services
Three pensioners are advised of ophthalmic benefits at the Optical Office. The ad promotes complete eye examinations, broken lens duplication, and repair or replacement of frames. Dr Soss and Dr Milongion advertise services in Long Beach and a location on Valon Blvd with a contact in Sartori.
MENTIONED IN THIS ARTICLE
Long Beach
Care Lee Sono
Fin Milongion
Valon Blvd
In-Tor
Pisce
Sartorl
Missing Girls Found Unharmed Near Home
Two 7 year old girls Rita Obbegr en and Maria Teresa Morley were located alive after a 43 hour missing search in Alexandria Virginia. FBI agents uncovered them in a vacant apartment bathroom where they had sheltered, hungry but unharmed as helicopters, police and Marines hunted the area. The girls slept in the tub at night and called out for help during the ordeal.
MENTIONED IN THIS ARTICLE
Kcorpies
Frere Wee Servic
FBI
Rita Obbegren
Maria Teresa Morley
Alexandria
Ett
Rita
FEE
Presa
Wireshota
Rita Ohlgren
Capitol Bar Rumor Denied by Custodian
Capitol custodian J George Stewart denied a rumor of a cocktail lounge hidden in the Capitol’s east front extension. He warned no such facility exists and no consideration was given to installing a cocktail lounge there or elsewhere in the building. Members of Congress had forwarded constituent inquiries seeking clarification.
MENTIONED IN THIS ARTICLE
Washington
Capitol
J_ George Stewart
Steward
Saulticcillion Dollar East Front
New Front
Congress
Stewart
Birch Dead Issue Tagden by Rep Hiestand
Los Angeles California Congressman Edgar W Hiestand labeled the John Birch Society a dead issue and said he will seek re election on his five term record He praised the group as dedicated to the United States while disagreeing with Birch leader Robert Welch on criticism of Dwight D Eisenhower He called Eisenhower a dedicated patriot.
MENTIONED IN THIS ARTICLE
Los Angeles
Edgar W. Hiestand
Calif
John Birch Society
Jokn Birch Society
United States
Tra
Niwsmen
Dwight D. Eisenhower
Birch
Robert Welch
Eisenhower
Hiestand
Unusual Recipes Send for Drink Booklet
Reader alert as Farmed editor Clementine Paddle promotes an out of the ordinary rum cookery booklet. Request for 10 cents handling and deposits to a New York address, with a sales offer and a proof copy statement.
MENTIONED IN THIS ARTICLE
Clementine Paddle
Paces Deposts, Inc
Dept
Manson Sve
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Weaver
LA Colles
Calirnn
Sumtay
Bixts St
Pine Are
Long Geesh
Long Benca
Actus
Superior Court
Los Angels County
Cxt
Garrity
S.rg
OAS
Eae
Reese
Soss
Reed
Dr. Soss
BURKS
Nwace
Sylvania
Teresa
Houston
Tex
Susan Dianne Crawford
Doug Marshall
Dole
Chicago
Erica Schwaner
William F. Schwaner
Schwazer
Ellen Forseth
Hardy
Arctic Circle
Rune Lindgren
Arctic Village
Ft. Yukon
Arctic Ocean
J. J. Wallendorf
Miami Beach
Fla
Wallendorfs
Toronto
Canada
Martin Phillips
W. E Landis
Chattanooga
Tenn
Ritz Hayworth
New York
Harold Eber
Miss Hayworth
Ste
Gary Merrill
Ste Winston Churchill
London
Middlesex Hospital
Raymond Cullins
Omesby County
Nevada
Santa Barbara, Calif
Mullins
Donald Marshall
Oakland
San Francisco
State Board of Equalization
Russell
Russ
Pittsburg
Kan
Rep
Miestand
Uepault
East Tems
Orange Ave
Inc
Fihe Furniture
Ciscover
Sealy & Simmons
Simmons
Albert
Lakewood Center
America
Denier
Va Ey
Pepperwood Lakey
God Center State
Ryson
Enmtionzs Valet
fasSica Acd
Gales
Pine Ave
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