FHA Loan Rate Hikes to 5 Percent Nationwide
The FHA, led by Commissioner Norman P. Mason, raised the insured home loan rate to 5 percent effective December 4. The move, supported by Albert Cole, aims to sustain mortgage financing and prevent a decline in home building, with related hikes for multi family and urban renewal loans. Existing mortgages are unaffected.
MENTIONED IN THIS ARTICLE
Washington
Norman P. Mason
Veterans
Ayres
Ohio
Housing Administration
Barberton
Congress
Albert M.jtrom
Build Cole
Housers
FHA
Cole
America
Mason
Early Birds Jailed for Killing Doe in Cortland
Burton E. Jandreau and Theodore H. Kingsley, both of Syracuse, were jailed in Cortland County after hunting a doe at 5 30 am 90 minutes before the legal opening. Wardens said the incident occurred on the last day of deer season when does were lawful.
MENTIONED IN THIS ARTICLE
Cortland
Burton E. Jandreau
Theodore H. Kingsley
Syracuse
Cortland County
Andy Keller forecasts gloom as winter nears
Meteorologist Andy Keller predicts a cold, snowy pattern for December with occasional snow flurries tonight and continued below normal temperatures. November averaged one degree below normal, while last month saw 7.7 inches of snowfall. Low tonight around 20, high tomorrow near 36.
MENTIONED IN THIS ARTICLE
Andy Keller
U.S
Hancock Field
Keller
Dulles to End Rest Sunday
KEY WEST Florida but Secretary of State John Foster Dulles will end his convalescence on Sunday morning and fly to Augusta Georgia to confer with President Eisenhower then return to Washington to resume duties after two weeks of recovery from intestinal cancer surgery.
MENTIONED IN THIS ARTICLE
Key West, Fla
John Foster Dulles
Augusta
Eisenhower
Dulles
Washington
Star Lake Man Pleads Not Guilty To DWI Charge
Edward J. Murphy 27 of Star Lake pleads not guilty to driving while intoxicated after a near midnight crash on Kincaid Ave. He will reappear December 3. In a separate case Demetris Levardas 40 of Geddes Street Solvay paid a $100 fine for dangerous driving after a drunk driving charge was reduced. Levardas was in an Oct 13 two car crash on Eria Blvd. East. he suffered injuries and was treated at St. Josephs Hospital.
MENTIONED IN THIS ARTICLE
Star Lake
Geddes St
Truman H. Preston
Edward J. Murphy
Kincaid Ave
Harold Link
Murphy
James V. Pascarella
Milton Ave
Solvay
Demetris Levardas
Danny M. Capuceilli
Bennett Ave. Solvay
Levadas
St. Joseph’s Hospital
Harry Lester Guilty Of Defrauding Exporter By Phone
Federal jury convicts Harry Lester known as Mr Five by Five in a case accusing him of using interstate telephone wires to defraud New York exporter Charles Gold. He obtained a 5500 loan via a call on Oct 25, 1954, and did not repay. Lester faces up to 19 years and a 2060 fine pending sentencing by Judge Julius J Hoffman. The Buffalo mail fraud acquittal awaited in a related matter. Santa Claus storyline appears separate and unrelated.
MENTIONED IN THIS ARTICLE
Chicago
Harry
Lester
New York
Large
Small
Charles Gold
Buffalo
Massive B52 Crashes at Castille AFB Killing 10
A giant sweptwing B52 bomber crashed during takeoff from Castiile AFB California killing all 10 crew. The plane disintegrated in a field near Merced leaving wreckage over several miles as witnesses recounted a streak of fire and multiple explosions. This was the third fatal B52 crash in California this year.
MENTIONED IN THIS ARTICLE
Associated Press
Castille Air Force Base
Calif
Air Force
California
Strategic Air Command
Merced
San Francisco
Set
Alfred B. Stockman
Robert G. Joiner
Stockman
Glen Towers
Merced County
Lireman
Snow Overload Closes Roads in Erie Pa
Erie and surrounding communities faced a heavy snow pattern with an ongoing effort by highway crews to clear roads. Officials noted multiple storms in nine days, including a 7 inch fall atop prior layers and a 32 inch Thanksgiving snow cover, as snow persisted from 4 am yesterday into today.
MENTIONED IN THIS ARTICLE
Erie
Milk Prices Rise Amid Oil Shortage and New York State Increases
The Syracuse area raised milk prices by one cent per quart today with boosts also in Utica Auburn Oneida Elmira Corning and Glens Falls. Regular milk now 24 cents per quart homogenized 25 and Guernsey 26 cents. Cream up two cents per half pint to 37 cents. Cottage cheese and price changes noted as well. Curtiss C Brown of Netherland Co Syracuse confirms rises as first since October 1950 after five labor contracts. Milk producers pay up 1 dollar per hundredweight since last April with October up 25 cents and November slated to rise 30 cents from a year earlier.
MENTIONED IN THIS ARTICLE
Syracuse
Utica
Auburn
Oneida
Elmira
Corning
Glens Falls
Guernsey
Curtiss C. Brown
Netherland Co
Brown
Eisenhower pledges 21500 Hungarian refugees to U S
President Eisenhower announced the United States will admit 21,500 Hungarian refugees to aid victims of Soviet oppression. About 6,500 will come under the Refugee Relief Act and 15,000 as parolees. The action follows an emergency influx into Austria and may trigger further increases. Hagerty said parolees may stay indefinitely if the attorney general deems it in the public interest.
MENTIONED IN THIS ARTICLE
Augusta
Eisenhower
United States
White House
Austria
Hungary
U.S
Tave
Congress
James C. Hagerty
Hagerty
Chou Hints Yank Release In Red China
New Delhi reports Premier Chou En-lai said Americans held in Chinese jails can be released before sentences end if they behave well. Tempo Revista quoted Mao Tze-tung that negotiations for release may be favorably concluded. The ten Americans include five priests, a missionary, two businessmen and two Army civilians.
MENTIONED IN THIS ARTICLE
New Delhi
India
Red China
Chou En-lai
Mao Tze-tung
Tempo Revista
United States
Tokyo Ragpickers Send Gift to President Eisenhower
The ragpickers of Tokyo sent a thank you letter and a deed to 49 square inches of land to President Eisenhower. About 15,000 impoverished people living in huts on Tokyo’s outskirts thanked the American people for rice and milk relief shipments, received through the National Catholic Welfare Council and delivered by German priest Rev. Francis X. Myer of Sophia University.
MENTIONED IN THIS ARTICLE
Tokyo
Eisenhower
America
National Catholic Welfare Council
Sophia University
Francis x. Myer
Wife and three children of U.N. worker die in blaze
Ronald S. Hall, a United Nations staffer from England, came home to a fire at his Mount Risco New York residence. His wife Frances Mall and their three children John 542 Spence 4 and Patricia 2 perished in the flames. Hall, injured, said he woke to smoke and tried to rescue them but was driven back by the blaze. Authorities believe the mother delayed dressing the children in the searing cold, leading to their suffocation.
MENTIONED IN THIS ARTICLE
John
Spence
Patricia
Aluames
Ronald S. Hall
U.N
Hall
England
James
King Faisal suspends Iraqi Parliament for martial law
King Faisal II suspended Parliament for a month at Premier Nuri Said's request as Iraq enters martial law to shield the army preparing to join Jordan in a common defense. Parliament opened with pomp, but the decree halted sessions to wait for a calmer Middle East atmosphere amid the crisis.
MENTIONED IN THIS ARTICLE
William L. Ryan
Baghdad
Iraq
Faisal II
Nuri Said
Jordan
Middle East
Said
Faisal
Israq
UN Troops Sweep Mines Along Suez Front in Egypt
U N Army engineers under Captain Henderson swept minefields in the U N occupied zone near Port Said. Three antpersons mines were found just ahead of Egyptian forward positions. Danish troops built sawhorse barriers on eight points along a 1000yard sector with blue and white flags. Damascas radio quoted Henderson saying mine locations remain unclear to Egyptians.
MENTIONED IN THIS ARTICLE
U.N
Egypt
Royal Canadian Engineers
Norman Henderson
Set
G. A. McCracken
Syria
Baghihe
Tal
Damascus Radio
Henderson
Mee
French Foreign Legion
Public Relations Banquet Prizes Air Time Station
A Sacramento PR association banquet included a door prize of 45 dollars in commercial air time. The winner was Keith Collins general manager of Radio Station KFBE.
MENTIONED IN THIS ARTICLE
Sacramento
Calif
NROY
Keith Collins
KFBE
Jokes About Evening Gown Cause Confusion At Party
A husband jokes that his wife’s new evening gown is confusing saying it leaves her inside trying to get out or outside trying to get in. The quip lands as a playful turn at a party setting.
Pompey Brother Dies. Sled Crash Kills 11-Year-Old
An 11-year-old, Arnold Stahl, was killed and his 15-year-old brother Terrance seriously injured when their sleds were struck by a southbound car on Jerome Road near Route 91 in Pompey. Paul A. Watson, 36, and his 14-year-old son were deer hunting. no charges yet. Arnold died at Fabius from the impact. Terrance hospitalized in serious condition. Onondaga County highway death toll reaches 60 in 1956. Both boys were students at Fabius Central School and members of Immaculate Conception Church community.
MENTIONED IN THIS ARTICLE
Jerome Rd
Fabias
Pompey
Arnold Stahl
Herbert Stahl
Terrance
University Hospital
Fred Somers
Paul A. Watson
Highland Ave
Syracuse
Watson
Somers
Paul, Jr
Route 91
Arnold
Joseph Brudney
Fabius
Stah
Stahl
Sgt. Sommers
Harry Gilmore
Onondaga County
Dan Kelly
Herbert Jr
Daniel
Clifford
Donna
Irma
Cynthia
Karen
DeHoys
Binghamton
Fabius Central School
Immacuizes Conception Church
Europe to Pay Cash for U S Oil to Europe
Washington reports cautious U S stance on funding Europe oil imports. Daily 500000 barrels slated for shipment with no special credit fund. Europe to use own dollars for purchases for at least a month, with Export-Import Bank loans possible later. Britain France and Italy likely most affected by dollar diversions.
MENTIONED IN THIS ARTICLE
Washington
United] ‘States
Europe
Egypt
Suez Canal
U. S
Britain
France
Italy
Middle East
Also Mentioned on This Page
Andy
Santa
Temple City
Santa Claus
Welcohnedeeep
Erie, Pa
West
Chou
Yank
PLEKT
MTN. Risco
N.Y
The
United Nished
Frances Mall
Forations
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