The Courier News from Blytheville, Arkansas on February 22, 1938 · Page 3
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The Courier News from Blytheville, Arkansas · Page 3

Blytheville, Arkansas
Issue Date:
Tuesday, February 22, 1938
Page 3
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TUESDAY, raiRUARY; 22, IMS . BLYTIJEVILLE (ARK.) COURIER NEWS PAGE THRUI5 !ans Must Be Submitted •'To FHA For Its Approval Low-Priced Home This house sold in si. Louis. Mo., for 53,450. A $2,100 mortgage on the properly was In- iui-ed by the Federal Housing M- ministration and the owner will jamoitize the loan over a period of house is located in the kitchen, as shown in the smaller picture. A Acts Under New Good Chimney Construction Mupt Mavc Solid Foundation has approved ninny new neighbor- Hoods of IhlH type. While It enmiol cotrol Hid open for inexpensive homes, in such ; cases mortgages on properly in : new subdivisions where land tost - os of subdivisions. Ihe fVdcrnl I Is vcnsonnWe may )«• n«ei)t«l for Housing Adtnlntslintlon can (.'hock ............... WASHINGTON, t>. c., Feb. 22,- oine builders contemplating u.<«j ninety percent mortgage linanc-1 (? must submit tlitir plaits lo the :deral Housing Administration r approval prior to the begin- ng of construction, Federal Hoiis- K Administration officials' e.x- aincd in u statement, today. An exception will be made in. .ses of dwellings.'the'construction j which was begun alter January ' 1931 and prior lo February 4. i? and which liave not been .sold occupied since completion. Oilier •nuorlanl points to be kejrt in hid where 00 percent, mortgage lancing is planned are: The martgager must be the own- amt occupant of the properly at, e time of the insurance, and thei welling must be designed prlncl-' ally for .single'family use, and a 1 own-payment, of at least. 10 per- nt of the appraised value in cash its equivalent must be made. The mortgager must be the own- mplete amortization provision 1 ;! 3 _ periodic.payments by the' «,ie buyer not in excess of hisjmcnls on taxes, insurance, 'and easonable ability to pay. J other fixed charges The same The Federal Housing Adminis-1 house, without .a basement may atlon must be satisfied that the j be inirchased for about $3000 The roject is economically sound, | heating unit of the bascmentless The new Federal Housing Ad- inistration program provides for duced financing cost, represent- a maximum saving of approx- latcly one percent per annum to ome builders and buyers on newly nstructed houses carrying mort- iges of $5400 or less. On all other ortgoges insured hereafter the vlngs , will" be approximately ree-fourths of one percent per liiuin. On newly constructed houses ipraixed at $GOOO or less the inlnium- permissible down-pay- ent'-or equity rcqiurement has en reduced- from 20 percent to 10 I . Thus,. on a. SCOOO- newly jnslcuclerl .'bouse, ^the minimum less It is part of un outside will, I It .should be built so tluit no pan u • „. .,,;. , i — supported on wooil mombm. , cure .should be exercised In Itsl ir iro ,,|,„.,., should v« properly Icons radio,, u,,<l w the Modenii-! ( , m ,(n,cle<l with ade.pmle smoke ration Credit Plan of the l-Ydml'.shi'l vc.s mid lump «wmnelrlr.l lIoiLsliiK Administration chimneys M 1)0 i ;t , chamlK-r.s. with the Itrsl line mil) >»• repnlrde m rebuilt. mi,, rising perpendicularly dlroctlv lo lunli, » K oiKi chimney ,'<ws ,,bovo Die ,-c,it«-. Heiuls- In (hi. Illllf more Him, (0 build » bad n m ,. s s |, <mlli i,,, lmi(jo wlUl { _ Mil' in the (list place, it must nil luvns und at mil loo IHU 1111 start on a .solid foundation. Un- _ If these rules ure , ,. , eWxl chimney shimld ( of the Mnu-tui-e rests iiixm 11,' j When chimneys are built In with 1 /, the structure, particularly in frame, o{)0rts cons Inn-tion, the variance In' W j CL p slninkaBi- and .settlement between i IXCCdS Storage OpaCC the wood und (be miisonry W ill j —— "iiise pliiMi'itracks, tmeve/i lloofX A law closet or .small room, •acKcil lu-arllis, ami ulner ills- di-dlcalnl in Ihe sloruxe ol .sports Siciaultr troubles. limn tin. |):icl;. The 'umove.s Into All wood shoniu ue kept al Irasi'household Interested in sporl.s und .v.'O Im-h.'s away ijom the iniisoj)-1"'™ elfi-ds a material favlni;. be-| ry. No lluor or colllnij beams mny' c "" s> - lllc l>m|i<>i' care of .sueh I '" burinl in or rest on Hie mason- «|iil|)inent prcvenls ilctcrloriillon. I , jOi' u chimney. ' lliieks, bocks, und prijs shoillil' Fjuih lire, stove, or fireplace!' lc I'l'ovii'ed In the storauc siw.o.r ihotild linve a completely separate! to liolil wH clubs, tumls rnck(>t.H, I •- 1 - ' '' ' ' liotkey slicks, skates, etc. A series' of stoiil wooden hooks, like old- fusliloncd l:«l racks sloping il-iwn lownrd Die wall mnke 11 go«d place lo hold the golf clubs. Slioc shelves wltlv grooves can be nr- foi .sknles, Wooden |)e|s U) suine extent (lie premature d c - vi'to|)iiic-nt of land tlirough u., refusal to insure loans on houses imltt In new neighborhoods w liich may lie iinsiicciwrnl ilirmixh com- IxHltlon (if an already established siilxllvlsioii. However, Dm cost of Improvements has raised tho pile,* of lots In some neighborhoods |» . t plnce wlici-e thi-y are not aiillaljl,. In other cases new subdivisions nre considered to Jx: jiisllilvd Ije- cniisti of the iiresnnce of u Datum) feature which makes Ihe ncrahbor- hmxl particularly desirable or lic- caus,. existing areas contain latent soiirce.s of blight which caniiMl be ri'diflved, Heuil Oiiiirk'r News Waul Ads. . .., ^ . own •payment "jvould'W $600 an'ei '$4500. represejitliig 9p Jjcent of the appraised value, mortgages may be paid oil on •vilonthjy Installment basis under e new program over a iwriod ns ; as twenty-five years. On newly constructed houses ap- raised at'^o.OOO or less, the in- rable limit will lie ninety per- nt of the appraised viilttc np to 6000 plus eighty percent of tlie >praised value above $6000. For vample, on a newly constructed 0,000 house' the minimum down ayment would be SHOO and Ihe surable mortgage limit would bs 600. On all other homes housing om one to four families, the iu- irable mortgage limit will remain t eighty percent or the appraised alue, but not in excess of $16,000 under any circumstances. Housing Bill Signed Roosevelt WASHINGTON. — Tlie Federal -Housing; -.-Administration slushed t!i(v' ; i cost':"or government-insured •fli>nnclng::>fc)r small homes 'under 'terms of' tlie new housing legis- talirm signed by President Roosevelt. !-imullaneously. Stewart McDonald. Ihe housing administrator, appealed for tho "whole-hearted co-i, - - •- oprration" of lenders and the-' 01 '? 1KX "' «°" 01 "y. Former McCutchen Home Is Being Redecorated mj^ house at 620 West Walnut siri-H. which is owned by O. \V. McCutchen. is being painted white after repairs have been made to the exterior. ' The house iva.s redecorated on the interior soon after Mr. and Mrs. McCulclien moved lo their new home. Chemically, water is composed of two parts of hydrogen to one part of oxygen. It may be broken down into these two gases by passing an electric current through it. ' 4 1-4 per,'cent carrying charge. "On a newly-constructed $6000 home tlie minimum clown paymciil will be S600 and on n $10,000 home, n $1400 minimum." of Ihese end .On Stairway Held risers fit into them and these, loo are glued. About three blocks are placed inn... ...„. tread. Thus the whole .structure is, wedged and glued together into Inexpensive house one solid whole. Frequently, I / 'False' Saving , T " ^". i!rt a ">' tllln S but a first, ^ stainv!iy ls u "» lse nntl lllel «- 1 construclion, the trends and risers are merely nailed together mid to the -\v'fin string, or the'.string' i; cut so lliat the treads rest 01 top of it and are nailed to it. n such a stair the nails work loose and the sagging and squeaking result. industry. "000 i.ntlrrs M The Administration IKf letters to lending sent about institutions, naifying them new PHA regulations would l>c issued soon. Officials were reluctant to pre- ciirt how much money the program might sluice into building channels, but n spokesman said the agency had received applications for mortgage insurance en more than $50.000.000 or large- scale projects alone. Fxplaining reductions in the coH of financial homes wilh government-insured mortgages, Mr MrDonald said: 'The annual service charge of one -half of one per cent which Icrrting institutions have been .permitted lo charge under FHA reg- be discontinued on ulations future mortgages. Savings Analyj.e ( | Elimination of the service charge and a reduction in the cost of mortgage insurance will save a maximum of about one per cent a year to home builders carrying insured mortgages of $5400 , or less. "The total nmx-imum annual carrying charge for an FHA-lnsured mortgage approval for insurance hereafter will be 5 '.4 per cent (Formerly it was 6.24 per cent). "New homes with mortgages of Money Is Now Easy to Borrow For Repairs, Remodeling or Building Title One loans under provisions of the National Housing Act are again available. Terms were never so liberal. Ask us for details! LUMBER AND SUPPLIES 51 up Now Miich Cheaper Than Last Year! Composition Shingles, Genuine Ku-lier-oici. | himdle 11 1/3 Hex shingles, sufficient """ ~~ (o cover 50 square feet Roll Roofing, per 108 square feet 1x6 Center Match, good for floors and decking. Per 100 feel East Arkansas Builders Supply Co. Phone 29 204 N. 2nd St. . sliilrs in a house are important from ihe .it.inripnii-.t of both use and dc'co-. valior.. The !,>su!ls of pour stnir build-, ing are many, aggravating, and conspicuous, squeaky or sagging treads, loose hand rails or newels; rattling hamsters, open joints, all are the slmction. n-M\t of improper con- jn a pvop.i-rly built sUiU- the '.vail string ii.'ii.t sloping member at the K-all against which ihe treads and risers butt) is cut so lhat the treads and risers slip in may be repaired or rebuilt, which they fit arc lapered r,o M-at wedges can bn put in. driven, up tight, and glued to liok! them securely in place. The treads and risers are interlocked where they meet by means of a tongue and groove. After all Ihe members are in place, Irlangiilar-sha'ped pieces are set under the treads where Ihe Special Materials For Bathroom Use In selecling materials for the •bathroom, those with wiitcr-re- slsting qualities should be used For the floor; ceramic tile, asphalt .tile.- cork tile or lliiolctui can be used to advanlage^ For ihe walls, tile, tile wall boards, linoleum, structural glass,' waterproofed wallpnper. melal bonds to stimulate tile, and numerous otliei synthetic materials are available Mirror Slid vex Recessed mirrored shelves m „ small ;diiiing room are botli decorative and useful and add a modern touch. Black, blue, or rose- tinted glnss is particularly effective. Rend Courier News Want Ads. NEVER Never in the History of (he Nation has money lieen available for construction of new homes under such favorable terms as arc now offered. Never before has it been possible for a citizen to acquire a home with such n small down payment. Never before has the builder been assured of finality construction by rigid inspcclion of the lob while work is in progress. Many will fake advantaRe of this opportunity. May we talk it over with you while prices are si ill low? E.C.ROBINSON ^ LUMBER CO. .4 Hue right through | o liie top (if Ihu chimney. ,\n [lues should be lined with Hue tile, and not moie than two line tiles should be plac- •d side by side without n mason•v division. When I hey do run .side by .side, (lie Joints (if the tile should be staggered so us lo prevent any possibility of leakage from one due to another. Tliore must be at least four inches of masonry around Ihe outside of tlie flues. , Flues must be large enough for Hie (Ires they serve. Tables are nvninblr from which this Inforuu- tlon cnn be easily figured. All chimneys should extend two feet above the highest ridge of ihe roof, or occur. Hearths , set In ihe wall hold Icmils rack- els wllhMit straining or clninnglit;; the! gut. IJODI- drafts ure liable lo should be cantllevcral A City Rejoices Over Good Water Tlie fnllnw-liif is an excerpt fnini a news item In lortay'.s issue of the Ihe Imnies FHA Checking Need For New Subdivisions Although the Fetlernl Housing Administration Is proceeding cautiously will) the acceptance of loans for property In new neighborhoods, It recognizes Ihe need for subdivision ' " ' Tliis Spring You Cnn REMODEL REPAIR OR BUILD and pay by ihe month! KlnuiKT yimr work wllli a "Tide On,-" i,, L1 it ly by the Nittimial tliiiistiiB Ai'(.. r MlH-i-il inm.s I'linlile yo 1: |n repay wllli a small slim encli nidnlli you'll >;e:irci-)y ml(s. Tlirjie . limns alsn avnll»bli> f«i- nru rnuslructliiK n\i In 5Z.MII) wilh low Jn((ii- esl. : Consult us- THE ARKMO LUMBER CO. Arkansas PHONE 100 LUMBER 100 "Enthusiasm over the city's new supply" of soft water from Lake Wlnoiia. name given the reservoir on the Alum Fork of Ihe Sullne river, reached n peak in Greater Little. Rock yesterday as (he water: rcnohed practically all sections ofl LIUle : Rock nml North Lillle Itock. Some persons telephoned Mayor Overman lo tell.him how much thcv appreciated Ihe now supply, which was turned Into the mains lo meet ah emergency caused by the Arkansas river - flood. One deliriously happy male who must.have suffered agonies in JMSI years shaying a tough beard with hard river water bhirbcd Into Ihe mayor's telephone "I got more In- ther on my face In two strokes ot the brush this morning than 1 did In a year of shaving with (hat river wnter." The mayor said others called to tell him 'that they enjoyed Ihelr baths.'One husband said he buried himself in a lub of suds and enjoyed it. Housewives were heard lo remark that dishwashing was easier und less expensive judging from Ihe amount of suds Ihev were able lo stir up with little effort yester- 'r.y and Sunday. Nor were domestic consumers Ihe only persons pleased with Ihe Lake Winona water. Cafe operators, Jiotelmen. barbers and laundry owners said they were "tickled pink" aboul it nil." I Blytheville, With Good, Pure Water, Has No Such Experiences. r .ocal residents who enjoy a constant supply of the pur- jst, best water may contrast heir o\vn experiences wilh those of people living in many other sections. Citizens of this community fim| Ihe water from our "mains suitable for cverv purpose, Jieing healthful, palatable amlj soft" enough to produce Kenerous suds for washing and laundering. Our purification system is Ihe best and our efforts are devoted to maintaining a faultless water service at all limes. BLYTHEVILLE WATER CO, Courleons, Personal AtlenUon to E'try Customer I ^3 ;'. mjj^S- ^^ BURGH MINTS/ Pep Up Tired Homes With Bright, New Color! KITCHENS AND MTHRODMS take en glistening ntw beauty when you point thcmwithPiTTSBlTRGH WATERSPARENAMEL. You can apply this diir- •blermliliin «jiffy, and it drlc» In four hour*. Un- iurpa««l for rtfmijlimg shabby furniture. Available In 18 different colon. A TONIC FOB TIRED WAUS PITTSBURGH WALL- HIDE brings smart, new, soft tones to walls and ceilings. Perks lip dismal nooks and shabby corners. Willi Ihis quick-drying casy-to-UK finish oflong. 1asling|bcauly, nny room con be completely rcdcc- orated iu onedfly.. , ...... Phone go 113 So. Broadway SCUFFED FLOORS need WATERSPAR VARNISH. One coat ii uiually sufficient to give them lus- troui new beauty .Tli! i dui able finith bniihesimooth- ly.driMln four houn, and WM«foryc»rs.So»pl»nd boll ing w«t« will not h»rm thla jluttmnir lurfuce, . CALL US AT ONCE FOR A FREE ESTIMATE HUBBA Phone 32 "19 Years of Service ami Square Dealing" COLORS BY NATURE-P AINTS BY PITTSBURGH PITTSBURGH PAINK WALLH.IDE . FLORHIDE • WATERSPAR . SUN-PROOF

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