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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Nov 01, 1978
Page
1
The editorial notes inflation and lending tightness are slowing home construction as buyers retreat at 10 percent interest, hoping rates drop. Banks question the wisdom of locking large sums at fixed rates while current buyers subsidize older loans from six percent era.
The text argues for a mortgage reform with interest rates tied to the money market and payments that start smaller and rise over time to attract younger buyers. It suggests both ideas have merit and notes that tradition may need bending to sustain high home construction.
Maxine Chapman appeals to Ottawa residents to approve a one half cent city sales tax on November 7 to fund street repairs and storm sewers, arguing state and federal money carries strings while local funding preserves control. The Ottawa city commissioners support the plan, promising funds strictly for streets and utilities to sustain growth and keep roads passable.
A dense schedule lists episodes and films for Wednesday night. Highlights include Eight Is Enough, The Jeffersons, Charlie’s Angels, Marie Curie biopic segments, Gator, and a string of late movie options with The Siege at Red River, all featuring cast names and show runtimes.
A reader asks Dr Thesteson about toxemia during pregnancy. She recalls a high blood pressure episode in her first pregnancy that nearly endangered the baby and notes her daughter, who is 18, is about to marry. She seeks chances of her daughter developing toxemia and signs to watch for.
Toxemia of pregnancy raises maternal blood pressure and endangers infants. Tests like the angiotensin II response and the roll-over test are reported as about 90 percent accurate, enabling early warning up to 14 weeks before toxemia. Diet and bed rest are primary treatments, with drug use not always necessary.
NBC Today offers dawn jazz segments featuring Stephan Grappelli and a roster of guests including Buddy Morrow Lionel Hampton Maynard Ferguson Dave Brubeck George Benson Bucky Pizzarelli and Teddy Wilson. Host Tom Brokaw notes the show favors jazz at early hours while occasionally including classical country and Broadway acts.
Robert H. McKinney, chairman of the Federal Home Loan Bank Board, praises his role in boosting funds for savings and loan associations to lend for housing. He notes inflationary effects but argues lending supports housing and the economy, and cites six month savings certificates at 9.4 percent as a key remedy to outflows. He emphasizes the need to cut the budget deficit and fix foreign payments.
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