Kf> BIGHT THE MORNING HERALD, HAGEKSTOWN, MARYLAND. LOCAL QUOTATIONS Furnlih<tf by Kllnt Ire*. Bentvela Local PrlcM Paid Producer! Wheat 90c Cora hbl. 80c Shoulder Ib. 20c Potatoe bu COc O»!!3*»y lira .. -t "' Eggs Spring Chickens Old Chickens . Butter Lard Apples -Country Bacon ., Onions Ib. 25c doz. 24c Ib 16= to ISc Ib. 16c to ISc Ib. 30c Ib. lOc bu. 60 to 76 ... . Ig. 18o bu. ?5c WASHINGTON DAYBOOK By PRESTON GROVER Save the Middleman's Profit $15-00 CRANE'S CLOTHES 20 8. Potomnc St. "Factory to You" 2725 BUY YOUR COAL —FROM— CUSHWAS' Phone 2200 and get THE BEST WASHINGTON, Dec. 31.—One of the things interfering with the housing program is the nge-old tradition that a man and ills family should not ho hastily expelled from his home for debt. One of tho mcaiis by which Federal housing authorities hope to keep down the costs of financing private home building is keeping foreclosure costs low. Many states have put up high barriers against hasty foreclosure with the result that when a home building contract goes "sour" it sometimes takes many months of litigation to get the purchaser out so that a new buyer may take posesslon. The result is to increase the cost of financing tile job—and thus to make the financing less inviting as an investment. * * + Delayed Eviction Expensive Here is the picture as some housing officials see it: A man comes to his bank asking a contract to build a house costing $5,000. Under the new housing act he will have to pay down ten per cent, $500. The hank will lend him the rest and the Federal Housing Authority will In sure the wholo $4,600 loan, which thus equals 90 per cent of tho value of the houso (o lie built. When the houso Is built the buy or takos It over HJH! begins paying off the loan In monthly Installments. Kxcept for the original $500 down payment, it is just like renting a house. Of course If nil goes -well, the buyer owns the house at the end of 17 to 20 years. But suppose at tho end of six months or a year, the buyer loses his job, or perhaps just becomes ornery and decides not to make any more monthly payments. What then? Under laws In some slates the buyer can be expelled from MONDAY, JANUARY 3, 1938. the house In three weeks to c month under foreclosure proceed 1 Ings. )u the District of Columbia It can bo done In three weeks, nut In mnuy other states, New York and Illinois are examples, the buyer can escape eviction for a year or more, meantime making no payments and ignoring other terms of .the sales contract. The Home Loan Owners corporation, also in the mortgage field, lias occasionally spent two years evict- ng an owner who refused to make myments. * * * Jhange Conies Slow When that happens, the loss on he deal Is greater than any .pos- siblo profit • to the bank making the loan nt 6 to 5>& per cent Interest. The result has been, Fed- oral housing authorities comment, that there 'has been a "tendency" on the part of some banks in these long-delay foreclosure states to look two times before showing interest In these new SO per cent loan nsnrance deals. The reason is that under (lie old SO per cent loan operation the P.II.A. stood'the cost of foreclosure. Under the new 90 per cent loan program (he !mnk has to make the foreclosure and turn the house over to the '.H.A. with tile defaulting buyer ilroady ousted. State legislatures are being ad- vised to change their foreclosure laws as a means of encouraging housing, but tho going is slow. The old-lino foreclosure laws were designed primarily to protect honest fanners and homo owners from being roughly thrown into the street by a grasping mortgage- holder eager to get possession of tho properly. The Idea of making It WINDOW SHADES WALL PAPER R. M. HAYS & BROS. 28-30 W. Washington St. possible for a mortgage holder to evict a man and his family from the old homestead on three or four weeks notice has not quite jelled in some spots. FAIR MAKES PROFIT. Tho -Frederick Fair announced i profits of slightly over 57,000 from its fair held in October and OFFICE EQUIPMENT Hagerstown Bookbinding & Printing Co. TELEPHONE 2000—S001 has applied $3,700 to Its Indebtedness,,leaving a total ;.rst mortgage o r $21,000. It is getting more and more popular to anchor your bat under your chin with bow and long ends. H is done with bonnet shapes, pillboxes and many other styles in headgear. Uncalled For Bargains In Jetvrlrr, I.IIKKIIKI-. Munli-iil Inairuntondi, (Hum „„,! clodilng Harry's Loan Office 55 N. Jonathan St. MANDRAKE THE MAGICIAN Growing Timber 20% Off All Clothing MUSEY & EVANS 69 West Washington Street Estate HEATROLAS Phone 2041 CARVER'S 32-34 N. Potomac St. EXCUSE IT/ PLEASE! NO TRICKS WHILE WE'RE COMING DOWN THIS BEANSTALK OR I'LL PLUG YOU FROM HERE/ TWO GAMBLERS, SHORTV AND SUM, START TO CLIMB DCWN-- BEANSTALK? NOW--THAT'S AN IDEA/ By LEE FALK and PHIL DAVIS MANDRAKE'S WPNOTIC GAZE CATCHES THEIR EYES -AND THE TREE SUDDENLY SEEMS TO SPROUT HIGH INTO THE AIR / TAILSPIN TOMMY Miss Prudel Prognosticates By GLENN CHAFIN and HAL FOREST TRAPPED in A TREACHEROUS CAITrON OF THE ROCKIES IN THE FOG-BOUND MiGHT. THE 81© TRANSPORT UNDER THE GUIDANCE OF BETTY-LOU, FIGHTS ITS WAY THROUGH THE SUDDEM DOWN DRAFTS AS SHE SEEKS TO LIFT THE PLANE ABOVE MOUNTAINS |N THE PASSENGER COMPARTMENT, MISS PRUDEL, WHO HAS 3PETST MUCH OF HER TIME IN A SVVOON. NOW DRAMATICALLY RISES AND SOLEMNLY ANNOUNCES: MY FRIENDS, I AM SIFTED WITH P5YHIC ^POWERS. I HAVE BEEN COMMUNING I'M RECONCILED f<! **' ~~»/s THE FATAL HOUR IS AT HAND! LET us MEET IT BRAVELY! DICKIE DARE Trademark Kerlstratlon Applied For U. 8. Patent OBc«. Private Showing By COULTON WAUGH ^ 'i, SON YOU BETCHA I MU ! I GOTTA HUNCH THAT IF yoii PUT TH' OH DAN, YOU'D GET HI5 -SHARE TOO / WONDERFUL, DICKIE/ YOU R£AUY MEAN YOU DONATE YOUR SHARE OF THIt TREASURE TO RA.DIUM- 4AYE YOUR OOCTOt? DU MAVKIER •' I UP WITHOUT A STRUGGLE BUT NOW /& TO OUR OLD FRIEtiD, KALPH MUKDOCK •I MAKE IT PAH! BUT DICKIE; HERE, WAHTED TO DOC ZU MAURIER IF HE HAD A HUNK O'RADIUM IN HIS POCKET THAT COUID LOOK AT 7 HO, DICKIE, BUT 1 HAVE 4OMB' IH MY LABORATORY IN •&W fZAHCIZCQ PILE INTO THE PLANS AND GET 6Olfj(y---/lt.$HOW YOU fOMETHlN& THAT FEW BOY$ HAVE. EVER ETTA KETT By PAUL ROBINSON to THE ADVENTURES OF PATSY Trademark Applied Foi D. 8. latent ORIci AT&y is BELATIHG 70 CAROL TWF STORy OF LAST WEEK'S ENCOUNTER BPTWEefJ WCLE PHIL AND "Teti-TAKe" TUCKEE - .. AND so, A free UNCLE PHIL y SEEVES POPPED HIM, /HB. "TEM-TAKE" \ TUCIfEE , SAID HE'D QUIT IF UNCLE PHIL RIGHT - I EVSe CA*t£ TO THE STUDIO I BUT l'/H \ AGAiM • _^f AFKAID \ i«**™"% lUKJRi •—, , . / / rVjLL . I BSfcra^fc'' /ft h AK£ mMas *"-• '•" /x - 'UNPLEASANT 'OK you. \ PATSY — or ^-^: /— WHEN PATWOETH TAINTED UP AT HEPS HOUSE • • r SOT TO SNOOPN' ABOUND HHZ PooM FOR CLUES 1" THIS LOOKS LIKE THE ROAD wEGor THE OTHEE NIGMT- YOU MEAN WEBP SOMEONE SHOT AT US "AND WE. FOUND 6II2LS FOOTPRINTS IN THE MUD " , 1933. KING FEATURES SYNDICATE. In: AND HOW,!' LOOK. WHAT If' 1 ' I POUND IN HER SHOE CLOSET/' COME ON -THIS ISTHE PLACE. 1 IF THIS SHOE FITS THOSE TRACKS-.'. SHE'S MIXED UP IN THIS PLOT SOME WAV. \WHf--jr5PAT5 SANDAL " AND MUD ON HMT»,*.P. JIIR.V.I. t,,,",,' HIGH PRESSURE PETE TUCKEE'S SUCH A B.SILLIAHT p/eecroe •WAT : NESD YOU LETS HW GST AW4Y I ON /W SIDE. CAEOL — WHEU *TEH-TAK5" J HE DIDN'T ' "^~ IS DOIHf, A PICTURE, UZ'S ABSOLUTE. DICTATOe COUNT /HE CM ItiUS SIPS' POTATO .'CmPf-i'oe ?EELEO O NOKJ»\' WrW lHTo.j,-5L.\ce4, SO^THAt I CAN By GEORGE SWAN BIG SISTER By LES FORGRAVE \T DiOrA'T TAKE THE OOCTOR LOMC TO WOSTLE. HIM OFF Tt> TUE WCfiPlTAX, >T DlDir? ^/^'m> ,;^-~^tk W''^^ •^•'
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