Realtors See Slowdown In Construction
New York AP report notes real estate professionals nationwide warn FHA mortgage rate increases threaten housing starts. Builders fear buyers with limited funds could be priced out, while some dealers expect a measured impact. Experts cite past rate hikes that slowed housing, with outcomes depending on the size of the increase.
MENTIONED IN THIS ARTICLE
New York
Federal Housing Administration
Philip N. Brownstein
Congressional
FHA
Federal Reserve Board
Wall Street Journal
Thavis R. Arnote
Kansas City Real Estate Board
John S. Correll
Georgia Institute of Real Estate
Dwight D. Eisenhower
Ten Million Dollar Life Insurance Policy Report
An unidentified East Coast business executive has a $10 million life insurance policy with annual premium over $147,000. Ray Gibbs, agent for American General Life Insurance, says the holder is a 33 year old Eastern businessman. policy details include $2 million reinsured by Guardian Life and Mutual Benefit. Benjamin N. Woodson of American General notes no larger permanent policy exists and that 98 companies reinsured parts of the risk.
MENTIONED IN THIS ARTICLE
Houston
Tex
East
Ray Gibbs
Glendale
Calif
American General Life Insurance Co
Gibbs
Los Angeles
Maryland American General Group
Benjamin N. Woodson
American General
Associated Press
Guardian Life of
New York
Mutual Benefit of
Newark
N.J. Woodson
Italian envoy funds used for police families in Venezuela
Venezuelan officials said about 300000 dollars confiscated from an Italian Communist envoy and his Spanish girlfriend after their arrest for entering the country last April were allocated to pensions, scholarships, and financial aid for fifty relatives of policemen killed by Red terrorists. The pair were later expelled.
MENTIONED IN THIS ARTICLE
Caracas
Venezuela
Revolution Theme Plays and Films For Lunar New Year
The New China News Agency said in a Peking broadcast that theaters in Red China will show a galaxy of new plays and films for the lunar new year holidays, all on revolutionary themes. The list emphasizes state approved works.
MENTIONED IN THIS ARTICLE
Tokyo
Red China
New China News Agency
Peking
Also Mentioned on This Page
OUI Chimanali
Monthru
Hanover
Mrs. Filbert
Crisco
Washington
Leadway Salt Plain Or
Tod
Hershey
Scotties
Pillsbury
Sirloin
del Monte
PEAS
Monarch
Nabisco Premium
Isaltines
Sauerkraut
Embassy
Morton's Macaroni
Orange Juice
Musselman’s
Florida Oranges Doz
Maxwell
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