New Mortgage Renewal System Aids Homeowners
Washington July 25 The new home loan bank system promises to renew mortgages that were previously impossible to extend, lifting foreclosures and easing debt for thousands of homeowners. Banks and savings institutions gain federal backing to prevent asset freezes, with Hoover's confidence that it will run smoothly and reduce government red tape. The plan aims to curb dumping of homes on the market and caps advances at 40 percent of property value, offering protection against inflated interest and hidden charges.
MENTIONED IN THIS ARTICLE
Washington, D.C
Morlanges
Washington
Joan Associatelone
Agenta
Hoover
Commerce Department
Gasoline Shortage Cripples Jugoslavian Roads
Belgrade reports a severe fuel famine crippling highway traffic across Jugoslavia due to foreign exchange restrictions hindering imports from Romania and other oil sources. Several service stations closed. in Zagreb dealers attempted watered gasoline and were arrested.
MENTIONED IN THIS ARTICLE
Jugoslavia
Belgrade
Zagreb
Police Protect Hosiery Works Strike Sparks Violence
In HIGH POINT a mob of hosiery workers threatened violence at the Diamond Pull Fashioned mill as police shielded the reopening. Some employees agreed to return to work, while others persisted in blocking the mill’s operation amid wage-cut protests. Manuel’s Body Returned King Manuel’s body will be sent from London to Portugal aboard a British cruiser after the Portuguese government accepted the offer.
MENTIONED IN THIS ARTICLE
Manuel
London
England
Portugal
Five Nassau police indicted in third degree death case
Nassau County police face indictment on charges including manslaughter and second degree assault after the death of Hyman Stark. Five officers were indicted for manslaughter, seven for second degree assault, and one for accessory to a felony. Stark died July 15 following a beating at Mineola police headquarters after an arrest tied to an alleged robbery and assault on Mrs. Valeria Hisenski, the detective’s mother.
MENTIONED IN THIS ARTICLE
Mineola
Nassau County Police Department
Hyman Stark
Dlvin N. Edwards
Stark
Valeria
Hisenski
Mellon to Resign as War Debts Clash Rises
London dispatch reports Ambassador Andrew W. Mellon expected to resign on arrival in Washington during his current trip to the United States. The Davy Herald says he will tell President Mooney the looming war debts should be handled by a younger man, rumors fueling speculation of a leadership change.
Doomed mother kills son then kills self in St Louis
In St Louis Ida Groening a 47 year old real estate dealer's wife shot and killed her 22 year old son Charles then fatally shot herself concluding a tragedy driven by a belief she was dying of cancer. In Knoxville the heat wave entering its third week nears air time records with 17 days for heat waves, noted in September 1970.
MENTIONED IN THIS ARTICLE
Knoxville
Enn
Auy
Miss Maria Calrada to Sail From New York Ahead of Europe Trip
International news notes a daring plan involving Miss Maria Calrada Tenble and the former Mexican president. The sequence centers on travel preparations in New York before a voyage to Europe for a vacation run.
MENTIONED IN THIS ARTICLE
Maria Calrada “Tenble
Mexico
New York
Europe
Pheli
Grain Board of Trade vows to fight federal order
CHICAGO July 25. Officials of the Chicago board of trade declared no quarter as they prepare legal actions against the federal suspension order for 60 days starting in August. A petition for an injunction will be filed in the United States Circuit Court of Appeals Wednesday, with directors to meet tomorrow to map plans attended by Weymouth Kirkland. Peter B. Carey, president of the board, attacked the move, while C. E. Huff of the Farmers National Grain Corp defended it. The dispute centers on membership and the action is expected to ripple through exchanges nationwide. Carey warned the fight will continue to the supreme court if needed.
MENTIONED IN THIS ARTICLE
Chicado
INS
Chicago Board of Trade
Ib Wag
Federal Grain Futures Commission
United States Circuit Court of Appeals
Board of Trade
Weymouth Kirkland
Exchange
Peter B. Carey
C. E. Huff
Farmers’ National Grain Corporaton
Farmers’ National
Grain Futures Commission
Hyde
Commerce
Limont
Mitchell
Farmers’ Nations
Boards’ Clearing House
Carey
Chicago Mart
Supreme Court
Anglo-French German pact joins without reservations
London announces Germany has joined the Anglo-French entente without reservations. The foreign office says Germany adheres to the European consultative agreement, linking with Britain France Italy Belgium Poland Yugoslavia and Hungary to keep signatories informed of international dealings.
MENTIONED IN THIS ARTICLE
London
England
INS
Germany
Britain
France
Italy
Belgium
Poland
Yugoslavia
Hungary
Woman Disfigures Face With Caustic in Los Angeles
In Los Angeles on July 25 a woman named Virginia Rae, 27, smeared a strong caustic on her face after her husband Henry complained about the attention she received. A surgeon predicted the disfigurement will be permanent.
MENTIONED IN THIS ARTICLE
Los Angeles
Virginia Rae
Henry
Song Writer Weds Author of Lyrics
The Examiner reports hero Nada Brown, a song writer, wed Jeanne Borlimt Lockhart, a San Francisco lyric writer, in Virginia City Nevada on June 20. Brown is known for Blagin' In the Rain Wedding of the Printed Doll and You Were Meant for Me.
MENTIONED IN THIS ARTICLE
Los Angeles
Examiner
Hero Nada Brown
Jeanne Borlimt Lockhart
San Francisco
Virginia City
Nevada
Brown
Hoover loses bulk of funds in relief era losses
Washington July 25 President Hoover’s personal fortune falls from four million to about seven hundred thousand due to poor investments and large relief gifts. Since 1814 he has drawn a salary of thirty five thousand dollars annually, with a voluntary ten thousand dollar cut. A major loss cited is three hundred thousand dollars tied to a Washington newspaper purchased in 1920 by Hoover and associates. The White House declined to comment.
MENTIONED IN THIS ARTICLE
Washington, D. C
INS
Hoover
Currant
United States
Washington
White House
Negroes Unable to Find Homes Up to Standard
A report from the president's conference on home building and home ownership finds a majority of America's 12,000,000 Black residents cannot obtain dwellings meeting minimum sanitation standards. It recommends a nationwide minimum housing standard and construction of enough low-priced homes for all wage earners.
MENTIONED IN THIS ARTICLE
D. C
Nvn
America
President's Conference On Home Building and
Spear Body Unclaimed At Morgue
Freddie Spears age 24, suspect in a Harrisburg bank holdup and a Southern El upper event, died from bullet wounds after a double shooting in a Monterey street yard. Fassnidge 31, wounded, died at Robert B Green hospital. Witnesses include Peggy Dichi Josephine Tate and Frank Ste nie. Spears reportedly told police his San Antonio address. Spears had been threatened by Fassnidge, who sought permission to carry a gun for self protection. Fassnidge survived by parents and siblings.
MENTIONED IN THIS ARTICLE
Freddie Spears
Harrisburg
Texas
Spears
Robert B. Green
Harry H. Fassnidge
South
Navidad Street
Monterey Street
Justice of the Peace
R. W. Stappenbeck
Peggy Dichi
Josephine Tate
Frank Ste Nie
Fassuldge
Tate
Monterey Shroel
Speers
Steinie
Fastridge
Fassnidge
Arthur
William
Slater
J. E. Grey Jr
Lareda
Anti-Trust Fight Set for Asheville Coal Case
Washington reports a major anti trust suit to be argued in Asheville North Carolina over Appalachia Coals Incorporated a central selling agency for 127 coal firms. If injunction is denied other agencies may form to control lumber copper and other resources.
MENTIONED IN THIS ARTICLE
Washington, D. C
Dawhab
Asheville
Police Nab Youth Over Slot Machine Theft
Police arrested a youth at Navarro and Villita streets early Monday after a slot machine was removed from a Doerra barbecue stand. A companion fled the scene. They entered by forcing a door and dragged the machine to an adjacent vacant lot to break it open.
MENTIONED IN THIS ARTICLE
Navarro
Villita Streem
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