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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jul 21, 1959
Page
8
The AP reports tighter credit as borrowing costs rise for housing, autos, and business. Governments and schools face higher rates. investors shift from stocks to bonds whileTreasury notes yield up to 45 percent on longer maturities.
Real estate listing from Bensel's Realty showing multiple properties in Florida and near Thurmont. Prices range from 10 000 to 25 000 dollars. Properties include farms with 2 to 6 rooms, barns, garages, streams, and acreage. Contact Wilhelm Bensel, Realtor.
The passage notes higher bond yields 4 percent or more versus 2 percent earlier, bank loan costs up 1 to 2 percent, six percent common in non-guaranteed markets, and consumer credit costs increasing. Mortgage ceilings backed by government credit rise due to scarce lenders, affecting home purchases and long-term costs amid boom bust concerns. The excerpt also lists real estate ads for property in Maryland and nearby towns offering various homes, farms, and a dairy farm for sale with terms and financing options.
Winchester Hall reports seven new permits issued over the weekend totaling 34375 in five county districts. The Burkittsville area alone accounts for 16250 including a 10000 home and 250 wash house. other permits include a 287000 Fouvers residence two SG homes in Thurmont and Urbana, and a 1125 home addition in New Market.
The notice lists several construction projects including a $5,000 Thurmont residence on an 11 acre Brice Road lot owned by James and Margaret Carbaugh, a $5,000 Urbana cement block home on Baker Valley Road by E. Anderson and Paul Anderson, a $1,125 house remodeling in New Market District on Lynn Berke Road, and a $250 Burkittsville wash house on Market Road near Gathland Park on property owned by Clifton Payne.
An advertisement promotes Johnson's No-Roach as a modern brush on insect control. The sale is listed at Safeway Feaples Drug Williamson's White sell's Modern Pharmacy Allen's and other local drug stores and supermarkets.
Court records show marriage licenses issued for Jerry A. Lowman 19 and Brenda M. Hahn 16 both of Mr. Air. Several complaints seek absolute divorce including Metz vs Blanche Aires and Nelson C. Cockrell Jr. vs Shir Russell E. Delauter. Other entries note property deeds and debt payments as part of proceedings.
A dense housing ad features frame and brick homes with multiple bedrooms, baths, and garages across Frederick Maryland areas. Listings include duplexes, apartments, farms, and country estates with prices ranging from about 11 380 to 24 100, financing options and down payment terms, plus relocation to Young Place and College Estates subdivisions.
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