J. S. Will Grant Loans for Defense Producers
Washington AP A new base of the industrial mobilization effort begins to roll with guarantees of private loans to finance defense production. Congress authorized unlimited guarantees and up to 2 billion dollars in direct government loans. Banks file applications with Federal Reserve banks to back loans. agencies include Army Navy Air Force Commerce Interior Agriculture and GSA. Fees vary 10 to 50 percent based on loan share and guarantee level.
MENTIONED IN THIS ARTICLE
Charles Molony
Washington
Congress
Federal Reserve Board
Federal Reserve Bank
Reserve Banks
Truman
United States
Army
Navy
Air Force, Commerce, Interior and Agriculture Departments
General Services Administration
Defense loan guarantee ties to contractor’s defense work
A $1,000,000 loan arrangement provides 70 percent guaranteed. The contractor pays five percent interest and $50,000 interest. The $700,000 guaranteed portion carries a $35,000 guarantee, with the lender paying 10 percent or $3,500 as a guarantee fee. The reserve board pledges special attention to defense related operations.
MENTIONED IN THIS ARTICLE
Reserve Board
Farmers Expect Heavy Losses From Summer Rains
Hamilton reporter quotes Butler County agricultural agent George Wilson saying abnormal summer rainfall will cause huge losses to farmers, with hay the hardest hit. He cannot estimate total damage until after harvest as many farmers report losing nearly entire crops.
MENTIONED IN THIS ARTICLE
Hamilton
George Wilson
Butler County
Wilson
Nurses Aide Training To Begin October 2
Training for special nurses aides at the Dayton Veterans Hospital starts October 2 under Mrs. E A Correa as local recruiter. Recruitment includes aides from Middletown and Dayton. The 80 hour course runs in day and night sessions with details and enrollment at the Red Cross Office in the Legion Home on South Main St.
MENTIONED IN THIS ARTICLE
Dayton
Red Cross
Legion Home
South Main St
Marines Gift Beer to Korea Veterans in War Aid
Passaic New Jersey AP report notes John R O Brein senior vice commandant of the Marine Corps League says General MacArthur approved the league's plan to send an extra beer can daily to every American fighting in Korea. The aim is to supplement the free daily can already provided to combat troops.
MENTIONED IN THIS ARTICLE
Passaic
N. J
John R. O’brein
Marine Corps League
MacArthur
League
Korea
Newark Company Wins Legion Veterans Award
Ohio Legion honors Newark Stave Company as the state's outstanding employer of disabled veterans. Cooper Tire and Rubber Company of Findlay and Gross Feibel Company of Hillsboro receive special Ohio citations for employment records. National presentation on October 4 in Newark during National Employ The Physically Handicapped Week. Separately, Cincinnati suit: Sam Soltysik sued for refund of 410 excess rent and 270 punitive damages for tenants on Ross Hanover Road Butler County.
MENTIONED IN THIS ARTICLE
Columbus
American Legion
Newark Stave Company
Newark
Legion
Mqohio
Ohio
Cooper Tire and Rubber Company
Findlay
Gross Feibel Company
Hillsboro
Cincinnati
United States
Sam Soltysik
Hamilton, C
Ross-Hanover Road
Butler County
Stephen W. Young
Appointment of Executor for Alfred W. Moore Estate Case 25103
Marston Good of Middletown Ohio appointed Executor of the estate of Alfred W. Moore late of Middletown Butler County Ohio. Creditors must file claims with the fiduciary within four months or be forever barred. Dated August 24 1950. Oscar R Leiser Probate Judge.
MENTIONED IN THIS ARTICLE
Alfred W. Moore
Marston Good
Middletown
Ohio
Butler County
Oscar R. Leiser
Also Mentioned on This Page
J. S
Central Ave
Carjax
Capitol
Streifthau’s
Malva Bishop
Owřei
Kyoto
Japan
Enko Daishi
Robert
Ottawa
Douglas
Schoentling
Schoenling
William Furguson Distributing CO
Cleveland Ave
Hamilton, OH
Newark Company
Legion Veterans’ Award
Hamiltonian
Kirby
Royal
Blue
C. EF. Burke
Coats
Bury
Ci'sa
Zelan
Childrens
Winky
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