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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jun 01, 1934
Page
2
Babson argues the depression has shifted to recovery since March 1933 with gains in purchasing power stock prices and industrial activity, yet residential construction lags. He notes April contracts only 1.0 percent above 1933 and 41.1 percent of 1929 dollars, stressing housing as vital and creditable for broader prosperity.
A housing shortage exists with nearly one million homes needed. Banks restrict real estate loans, and costs for materials and labor have surged since 1926. Proposals seek government-backed loans of up to 2.2 billion dollars with an eighty percent completion value and five percent interest over twenty years to spur residential building.
Miss Moste Stephenson daughter of Mr and Mrs George Stephenson became the bride of Fred A Holzhauser son of Mrs and Mrs We" Tian Holzhauser in a ceremony at Christ Church Oberlin led by Rev Gols Daniels. Attending were Miss Alice Holzhauser and Gerald Stephenson. Reginald Gildry gave away the bride. After the service the couple left for a motor trip and will reside on the Holzhauser farm on Gaston road after June day. Memorial Day services drew 300+ at Evergreen Cemetery with remarks by Malcolm Thompson and Legion gallery displaying the monument. A Spencer Ohio band provided music.
A patient treated in Elyria at Ifile Hospital has remained under care for five months with the condition reported as favorable.
Mr and Mrs Carl Gibson moved their household goods from the Davin property to the residence at 155 Clinton Avenue Elyria. Mr and Mrs Reginald Taldey and children from Cleveland spent the past few days at the home of Mr and Mrs George Stephenson, Miss Marjorie Hanson enjoying a vacation from her duties.
Mrs Jacob Muth Mrs Chorgs Garthe and Mrs Lodibson visited Fremunt on Thursday as callers for Cleveland who is a guest of her mother Mira Christ Fairney.
Cheyenne Wyoming hotel men forecast November repeal vote and pledged a legislative push to allow liquor service in dining rooms and sales at bars. Waldemar Anderson of Evanston led the hotel men meeting and said further action would await the state hoteliers association annual convention this summer.
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