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Page: of 6

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
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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 _.