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Collection: Newspapers > Nevada City Nugget

June 9, 1939 (6 pages)

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NEVADA CITY NUGGET FRIDAY, JUNE 9, 1939. PAGE FOUR ern HOUSING ACT HOME BUILDERS amended National Housing . Act, signed by the President on June, 3, 1939, is designed to continue, with : The modifications, the liberalized home financing program “begun in February last year under the National Housing Act amendments of 1938. Its enactment should give renewed assurance to the residential construction industry, to home financing institutions, and to individual home buyers and builders who have; been holding up plans because of’ ancertainty regarding the future of the FHA. In other words, they may go forward with confidence that virtually all the © financing facilities Available to them in the past year will still be at their disposal. As the Senate Banking and CurPOTTED FLOWERS — 2-year rooted Roses, shrubs, Bouquets, Corsages, Flowers for Weddings, Family Reunions and Special Occasions. FOOTE’ FLORIST PHONE 420 Hills Flat Grass Valley THE SUN PRODUCE AND GROCERY CO Fresh Fruits and Vegetables FREE DELIVERY 315 Rroad Street Phone 88 reney Committee pointed out in its” ~e: ort recommending passage of the amended act: “Such continuance directly concerns the orderly progress of recovery and employment and the osportunity of American families to obtain better living standards.” Principal features of the amended Act are: 1. Authorization for the President to increase to $4,000,000,000 the amount of outstanding mortgage insurance obligations the FHA may have at one. time. The present limitation is $3,000,000,000, and the outstanding principal obligation at. this time is approximately $1,400,000,000, not including approximately $400,000,000 in outstanding commitments to insure. 2. Continuation,of the FHA’s authority to insure mortgages on exist_ ing construction until July 1, 1941. Homes financed with FHA-insured . mortgages will continue to be eligible for FH financing indefinitely. Requirement that in the re. financing of mortgages the applicant i for insurance must file a certificate that the mortgage holder has refused to grant him equally favorable terms. . 4. Extension indefinitely of the authority of the FHA to insure mortgages of not more than $5,400 for terms up to 25 years. Under the old pill the maximum maturity of 25 years reverted to 20 years, as of July first. . 3. 5. Authorization to continue insurance of lending against,-loss on property improvement loans up to $2,500 each with a new provision empowering the administrator to charge an insurance premium not in excess of three‘fourths of one per cent to offset a ‘portion of operating expenses and losses. : 6. Establishment of a prevailing «wage scale to be determined by the Secretary of Labor on large scale projects (Section 207.) ; 7. Revision of the conditions un_ der which insurance may be granted v NOTICE You Can Now Get 24 Hour Radio Service at Art’s Radio Hospital 112 S. CHURCH ST., GRASS VALLEY, NEXT TO ! BRET HARTE INN. 12 Years Radio Experience SPECIALIST IN RADIO REPAIRING PHONE 984 institutions RARE FLOWERS ; + + BERKELEY, June 8.—Rare flowers of many species, which a wild and rock-bound hinterland: of Chile and Peru, some of them amidst the ruins of ancient Inca cities, are now on display among the horticultural éxhibits at the Golden Gate International Exposition after having been sent here by the Goodspeed Botanical Bxpedition of the University of California and the associated grader. cluts of the state. In order to reach the remote places where the blooms could be found, members o* ‘the expedition had to encounter sudden floods, bouts with tropical disease and other hardships, but all “eame through” without mishap. Four of the leaders of the expedition, Dr. Harvey E. Stork, Northfield, Minn., Walter J. Eyerdam, of Seattle, John L. Morrison, Oakland . and O. B. Horton, Buffalo, Wyo., re. turned on Monday, May 29. One particularly fine specimen, which, however, has not yet attain‘ed hardihood enough to grow in the ‘exposition gardens, is the Calceolaria tomentosa, a stately plant with yel. low, bell like flowers. As far as is known the specimens in the, Univer‘sity Botanical Gardens in Berkeley are the only ones in this country. The plant which attains a height of eleven feet or more, was taken from the ruins of Machu Picchu, an Inca city high up in the Andes, which was discovered within the past several years after it had remained hidden from the eyes of man for more than four centuries. Two particularly beautiful types /of Peruvian lilies, one from the Tum‘bes Peninsula of Chile and known as the Alstroemeria species, from the . Valparaiso region, ‘were in bloom re, cently at the exposition. Others are . either on display or will be displayed ‘before the summer is over. Quartz and Placer claim location notice blanks at the Nugget Office. on mortgages covering large seale projects. 8. ‘Repeal of Section 210 under which the administrator was authorized to insure mortgages under special conditions in the price range up to $200,000. PORK and B No.1 Can-Jc VAN CAMPS S bs EANS 4 Rolls 95¢ COMFORT. TOILET TISSUE — WHITE KING _° Granulated SOAP §
‘Large package Ie WY 4 SPREAD CHEESE 1%, pound pkg. §¢ Swifts American Pimento or Swiss Regular bar 5c _ WHITE KING TOILET SOAP Flnuffiest I Crystal White Regular bar 3c , STARCH Soap Airway : COFFEE pound can 23c . 2 Ib. én’ A5¢ MdwardsIVORY SOAP § ‘SYRUP Sleepy Hollow Robin Hood _Fivory * Canterbury SHORTENING ff S& W_ 8.& W ire DEL MAIZ CORN S & W. 8S & W BULK CHEESE. —_ Pound 19¢ Meadow Grove or Brookfield MAYONNAISE Quart jar 3c. Nu Made MAYONNAISE Quart jar 33¢ Piedmont SALAD OIL 16 oz. bottle 14c 23 ounce bottle 25c Highway MARSHMALLOWS bb. cello bag ]2c COFFEE pound package 2 for 25c MARGARINE pound carton 2 for 73c TEA Black ; Q TOMATO JUICE TELEPHONE PEAS No. 2 can SLICED BEETS N BEANS asparagus style No. 2 can 2]c BABY KERNEL CORN No. 2 can ]3¢ BAKED BEANS medium size can ] Jc Argo Gloss _Ib. pkg. Jc 26 ounce tin 28¢ néw 25 bag size 18 No. 2 can l5e No. 2 can ‘Prices Effective June 9 to 15 inclusive. A EDPEDEUD Margarine pound carton ]§c hy id © ALL TAXABLE ITEMS few . . months: ago were blooming in the} . this ma . Mee, left, invented the device. : Demonstrations and paraces have been held throughout al! of Britain in the drive to doub’e the strength of the Territorial army. Here an officer of the army demonsirates the handling of a Bren gun to a group of interes‘ed men and boys. ‘Worthless’ Outchews Goldfish Eaters “Worthless,” a South Américan cuscus, who looks something like an American opossum, enjoys his favorite food at a Los Angeles animal hospital. He is swallowing an American Beauty rose, after the manner of goldfish eaters. ‘‘Worthless’’ is ‘dappled brown with a white tail. British Rulers See Repulse of ‘Enemy’ King George VI, second from left, and Queen Elizabeth are sh watching an anti-tank rifle in action repulsing an ‘‘enemy”’ attack in a sham battle at Stony Castle, Aldershot, England. The king pored over maps with the field commander, while the queen listened intently to the explanation of Britain’s latest defense technique. French Babies Protected From Gas Attack . 6 . _, In the event of war and threat of gas attacks, French babies under two years of age will be protected by means of a respiratory device . which is connected with the gas mask of the mother. Not strong’enough -. toopen the air vents in a regulation gas mask, they are protected. by. méans. The baby’s covering is made of fireproof silk. Professor Le CHAIN STORETAX INDEPENDENTS DENVER, June 8.—The Colorado Supreme Court today handed down a decision of far-reaching importance threatening possibly to upset both national and_ state legislation proposing discriminatory taxation of chain stores. This decision holds that a group of some thirty-five independently owned auto supply stores operating under the Gamble-Skogmo franchise come under the provisions of the Colorado Store License or Chain Store Tax Act. The decision holds that the use of the GambleSkogmo name, uniform store front, and contractual relations for supply_ ing of merchandise all give GambleSkogmo Inc. control within the meancision of the lower courts. State Treasurer Charles M. Armstrong expressed the opinion that all voluntary and cooperative chains and oil stations which use a common store design and name may come under the chain store tax by reason of this decision; Thus such organization as Red & White Stores, the IGA Stores, and other so-caled voluntary chains may have to pay the graduated chain store tax in Colorado. If the principle is sustained such organ izations will have! to pay in twentyone other states that have chain store taxes. Armstrong announced he will immediately examine all contracts and bring action where the same conditions apply. NUGGET ADS PAY ing of the Act. This reverses the deDrawings, Paintings, Photographs, Colored Reproductions SEPIAGRAPHS Clifford Warner COMMERCIAL STREET NEVADA CITY LEONG GROCERY FRESH FRUITS AND VEGETABLES BEER— —WINE 314 Broad Street Nevada City NO, 1 SAID BOY AM HUNGRY . "hy S$. THE SPOT AI OR SHINE QUALITY MEAT @ OUR REPUTATION IS OUR GUARANTEE ' MARKET Calanan and Richards ~ Commercial Street, Nevada City PHONE ‘67 DECISIONHITS _.