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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Oct 04, 1969
Page
2
The piece discusses tightening mortgage conditions as lenders curb lending due to high interest rates and scarce funds. It notes proposed reforms by the Federal Home Loan Bank system and industry concerns about the impact on housing demand, savings, and home ownership for middle income families.
Economists warned that housing starts may fall below earlier expectations as credit tightened. They noted 1.54 million starts last year and anticipated a stronger 1969, but restrictive monetary policy aims to curb inflation and slow growth.
Hoss the German Shepherd from 518 18th St led Lori Jones to a previously occupied vacant house at 39th Street and Slide Road. The Joneses now face nine puppies and a dispersal dilemma amid broader market woes, with NAHB economists predicting large savings withdrawals and higher interest rates as the Nixon admin seeks policy changes.
Prime Minister Golda Meir tours Milwaukee's youth center and airport a sentimental visit. She expresses hope for peace through direct negotiations and notes U S friendship as a pillar of stability. Meir discusses Arab states and the need for mutual recognition.
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