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Newspaper
Sikeston Herald
Location
Sikeston, Missouri, United States of America
Date
Aug 17, 1939
Page
2
This scale drawn cottage targets two to four persons with modern comforts. Newlyweds will find it ideal for first home ownership. It features excellent lighting and ventilation with multiple windows, a modern bathroom, efficient kitchen, and extra space in basement and attic.
Federal Housing Administrator Stewart McDonald says the new FHA insured loan maximum of 4 percent will meet demand for new homes. Banks nationwide report favorable lending response and anticipate continued activity despite the lower rate, with overall financing costs near five percent including insurance. The move aims to stimulate residential construction and attract private equity, as lenders note many already offered below old maximum rates.
The garage has shifted from obscurity to an integral home feature with better design and comfort. Auto and rolling doors, including overhead upward, sliding folding, and swing up styles, offer manual, mechanical, or electric operation with features like driveway plates and remote switches.
The Missouri State Highway Commission released a list of low bidders for 38 road projects, 34 from state funds and four federal aid, across 50 counties. The sole Sikeston project, installing sodium vapor lighting at Highway 60 and Frisco railroad tracks, went to White Drain Electric Company of Eldon, Mo., for 567 dollars. Other districts include gravel and maintenance on 13.525 miles in Scott County, 6.270 miles in Pemiscot, and 8.852 miles in New Madrid. Construction is expected to begin soon under the commission’s let contracts.
The Williamsburg style molded back doorways add Colonial authenticity to early American homes. Manufactured as completely assembled units, they reduce prior high costs for custom reproductions and can be financed through qualified lenders under the Federal Housing Administration. Various clay blends allow color matching across a range from white to black to suit existing brick masonry.
The glass bottle making machine, once blamed for job losses, created thousands of new positions. Today many men deliver bottled milk, surpassing the number of glass blowers prior to the machine's use.
FHA officials outline the insured mortgage workflow from lender submission to appraisal, underwriting, and commitment. The process begins with lending institutions, not borrowers, submitting an application with an appraisal fee, followed by preliminary and full examinations, leading to an insurance commitment and premium collection. The article also notes flush-type doors with smooth surfaces as a modern, easily cleaned architectural feature suitable for various interiors.
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