Housing Costs Rise Sharply As Prices Hit New Highs
The article reports surging home prices due to higher mortgage rates, taxes, and lumber costs. Industry figures from M.J. Brock & Sons, Janis Corp., Advance Mortgage, and the NAHB warn of continued increases with mid priced homes now ranging from 30 000 to 50 000 dollars. Mortgage rates climb from 6 to around 7 and higher. 25 year 80 percent loans on 25000 homes see payments rise from 148.80 to 165.40 monthly. Builders move to larger, pricier homes amid labor shortages and high land costs. Public starts for 1968 show 1.55m, 1.84m in January, 1.7m in February.
MENTIONED IN THIS ARTICLE
Milton Brock
M.J. Brock & Sons
Los Angeles
Bernard Janis
Janis Corp
Miami
Fla
Michael Sumichrast
National Association of Home Builders
Sumichrast
Janis
Kennedy urges major overhaul of U.S. China policy
Senator Edward Kennedy calls for pulling U.S. troops from Taiwan and giving Communist China a seat on the United Nations Security Council. He urges removing travel bans, opening consular missions, and starting negotiations with Beijing at the earliest opportunity. Nationalists would keep General Assembly membership. Formosa demilitarization is proposed.
MENTIONED IN THIS ARTICLE
New York
Edward M. Kennedy
U.S
China
Formosa
U.N. Security Council
Kennedy
Massachusetts Democrat
National Committee On
General Assembly
Polar bear licks fish oil on propeller in Spitsbergen
A polar bear stands on a taxi plane propeller at Spitsbergen and licks fish oil smeared on the blades in a startling wildlife encounter. The scene captures Arctic harshness and animal curiosity amid rugged surroundings.
MENTIONED IN THIS ARTICLE
Spitsbergen
Viet Cong Rapid Attacks Hit 65 Allied Bases Near Saigon
U S and South Vietnamese forces repelled multiple assaults as 65 bases and towns faced rockets mortars and infantry attacks. At least 12 Americans were killed and 47 wounded while enemy losses were reported at 38 dead with battles around Fire Support Base White and near the Cambodian border.
MENTIONED IN THIS ARTICLE
Saigon
U.S. 1St Air Cavalry Division
Nixon Bunker talks may press troop pullouts issue
President Nixon is to seek Ellsworth Bunker's views on the timing of troop withdrawals in South Vietnam during weekend consultations with Bunker and General Goodpaster at San Clemente. Secretary Rogers and Henry Kissinger join the talks as the administration weighs policy changes and war de escalation prospects.
MENTIONED IN THIS ARTICLE
Nixon
Bunker
Washington
Ellsworth Bunker
South Vietnam
U.S
Andrew J. Goodpaster
San Clemente
Calif
Goodpaster
NATO
Europe
William P. Rogers
Henry A. Kissinger
Saigon
Vietnam
The
Sition
Paris
Memphis Grieves 15 Citizens Lost in Plane Crash
Memphis mourns 15 leading citizens killed in a chartered plane crash near New Orleans. Gov. Ellington orders a National Guard airlift to return the bodies. Mayor Loeb calls the loss irreplaceable as families in Millington and the metro area confront sudden bereavement.
MENTIONED IN THIS ARTICLE
Memphis
New Orleans
Buford Ellington
Tennessee National Guard
Tremors Hit Sea Floor in Gulf of California
AP report from Pasadena notes a swarm of earthquakes beneath the northern Gulf of California rattled Baja California with two 5.5 shocks at 7 10 p m. No injuries or damage reported. Quakes likely centered off the coast between San Felipe and Santa Maria about 260 miles southeast of Los Angeles.
MENTIONED IN THIS ARTICLE
Gulf of California
Pasadena
Calif
Mexico
Baja Peninsula
California Institute of Technology
Max Wyss
Caltech
Seismological Laboratory
Wyss
San Felipe
Santa Maria
Los Angeles
Middletown Weather Outlook Turns Sunny and Cool
Forecast calls for clearing skies this afternoon and tonight. Winds diminish this evening with lows 25 to 30. Saturday remains sunny and cool while Sunday turns sunny and hot, offering good golfing weather. Yesterday reached a high of 72 and a low of 38.
MENTIONED IN THIS ARTICLE
Middletown
NASA Plans 10 Voyages To The Moon
Houston AP reports NASA envisions ten voyages to the moon starting with a July manned landing. Dr. Thomas Paine outlines four early landings with scientific gear and later lunar sites, plus a planned Mars probes program and a grand planetary tour between 1977 and 1979 using gravity assists.
MENTIONED IN THIS ARTICLE
NASA
Houston, Tex
Thomac
Paine
Tion
Earth
Mars
Also Mentioned on This Page
Japan
Advance Mortgage Corp. of
Detroit
Ted
Senate
Peking
Chomp
Norway
Reds
British Honduras
West Tennessee Sportsman’s Association
Millington
Kenneth C. Caldwell
Frederic W. Thirkield III
Thirkield
Billy Jo Spence
Spence
National Aeronautics and Space Administration
Air Force Associa
Iom J. Cade
Cade
Cornell University
Ornithology Lab
Alaska
North America
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