Building Increase Predicted by Federal Housing Officials
Federal housing officials predict light money will ease and homebuilding recover this year. Administrator Altert M. Cole forecasts about 1,200,000 new housing starts, roughly last year’s pace, reversing a downward trend. Mortgage money availability and high rates cited as causes of the drop, with testimony given to a House subcommittee. Norman P. Mason and J. Stanley Baughman note rates may fall and funds flow into mortgages as investors seek opportunities.
MENTIONED IN THIS ARTICLE
Waskington
Altert M. Cole
Hess Judgmant
J. Stanley Baughman
Federal
National Moritge Assn
Baughman
Plans Fight on Contempt Conviction
William A. Price, former New York Daily News reporter, was convicted on eight counts of contempt of Congress for refusing to answer questions before the Senate Internal Security subcommittee. He vows to appeal to the Supreme Court to overturn the ruling, insisting no citizen can be forced to reveal political beliefs. He faces up to one year in jail and a $1,000 fine, and remains free on bond pending sentencing.
MENTIONED IN THIS ARTICLE
Washington
William A. Feles
Congress
Prize
New York Daily News
Supreme Court
Senate Internal Security Subcommittee
Price
Communist Party
Richmond B. Keerh
Pride
Prices
Daily News
Concrete lawns proposed to replace park grass in downtown Los Angeles
Councilman Ransom M. Callicott urged Los Angeles officials to replace downtown park grass with concrete painted green arguing the current keep off the lawn edict blocks public enjoyment. The proposal aims to curb maintenance and improve accessibility in public space.
MENTIONED IN THIS ARTICLE
Los Angeles
Ransom M. Callicott
Fms
Also Mentioned on This Page
Col
Cole
Baugnman
Veterans Administration
Norman P. Mason
FHA
Bud. Committee
United States
Frice
Dadge Keach
Ee Pte Ji Ar SN
Gills
Sport Kesft
Tipad
May CO
Lakewood
Colter
Lakewood—Girls' Shop
California
Laguna Beach Festival of Ans
van Camp Sex Foods
Yosemite National Park
Nike
Jas O
Skies
Shy Ca
HiShop
Seran
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