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Page: of 12

OCC TERME Ya
. Realtors see ‘housing.
. explosion before long
People in the wings wien
shortage, high costs of newconare be
struction and high interestrates la
are ready Ne a ae ae
with the suggestion that the
single family home is doomed.
Their replacement would be
high rise apartments, condominiums, town houses and similar
structures allowing high den* ‘sity living. These would be close National.
sary for such living. The single
family home will remain only
where it survives afforded by
a few wealthy people,
Much of what they say makes
gages can be ‘glares to investors, presently through the
Federal National Mortgage As§
sociation and the Government
‘Mortgage Association,
are being talked about for state
governments as well to use.
New techniques in construction — use of the module, factory-built units, new materials
— presage lower costs, New
planning techniques for subdivisions using curving streets,parks, play and recreation
areas, and strollways add to
their appeal.
It's hard to know what form
that housing explosion will take
when it comes. We needtochan-nel our part of it into making
Reducing asthe economy con,
ing the drama of a housing Sources
Bib wee
The Nevada County Nugget, Wednesday, July 1, be Pee 3
MOKO POKO has won a number of awards recently soning in ‘vals » aislnan stick par
equitation and trail horse competitions. Sheri Steinbauer rode Moko Poko and Al Anderson
is his owner. Moko won as junior trail champion and senior trail champion at a Sebastopol
show; junior and senior trail champions at Oakdale and as stock horse seat equitation champion
at the California State Fair Horse Show.
cluster houses, and others.
There will also have to be room~
~ and destruction of housing, and for the single family house. ~
' The desire of each of us to
“SOCIAL SECURITY—
QUESTION & ANSWER SERIES
“9, I was injured on the job disability benefits?
@ month ago and my doctor A. You may receive both sotells me I will not be able to cial security disability benefits
work for two to three years. and Workmen's Compensation.
My family and I are receiving However, the total monthly payWorkmen's Compensation. Can ments to you and your family
I also receive social security may not exceed 80 per cent of
Lions install Social caeue cenattts ont
be reduced if combined beneJohn Tinloy fits trom social security and
orkmen's would as new chief = Workmen's Compensation would
When John Tinloy wasinstall. I have a few questions
ed. as president of Grass Valley concerning a Medicare claim
Lions: Thursday, the Watt Park which I just recently sent in
Fire Department of which he is to the California Physician's
a member prepared the dinner.
Tinloy replaces Larry Sheeto get down to your. office to
han-as president and was indiscuss this
stalled by Herb Yee, a former you
Gopne: Verayen Whe Bw 6 OS
our
ri
E
g
:
ternational counsellor and past
Sahl, Evi president; es ein Fred first vice
Bob Bennette, second vicepresShe will connect you with «
ident; Gaylor Kraushaar, secreMedicare specialist. We. ur
tary; Gary Taylor, treasurer; everyone to use the telephone &B
and Cliff Nicholis, Frank Knucmuch as possible in contacting
key, and. Arlie Hansen, direcour office, either for questions
pont oe ene ee
Sidhe « losnise oon
‘Monarch pins for years of must I report?
membership went to: Sheahan A, You must notify social seand Carl Early, 10 years; curity if you withdraw from
Heather, Don Evnas and William school, or if you start attending
Moule, 15 years' Jerry Logsdon onlypart-time, If you work and
and Arnold Teza, 20 years; expect to earn over $1,680 a
Jerry Brust, 25 years; Vernon year, you must notify social
Harold Hartung, Robert security about your work, If youIngram and Robert Jefford, 40 marry, you must report this to
a . soca spent. a
of mortgage morises, the row houses, the —
rates, low
5%% on our Investors Passbook
account. That’s a nice, hefty, rate
increase for bank passbook convenience. And a wise way to invest in
these uncertain times.
What's more, at Bank of America
you have three ways to earn high
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funds invested. Let’s take it from
the top.
5%% investors Passbook.
Leave your money with us for two
years and it will earn 5%% annual
interest: Compounded and paid
quarterly. $500 minimum deposit.
And you can add to it any time in
amounts of $100 or more.
512% Investors Passbook.
Ifa one-year maturity is about right .
e’ll pay you 54% interest. for you, w
The same $500 minimum applies,
as well as the privilege of adding to
your investment in amounts of $100
or more.
5% Investors Passbook.
This is our short term offer. 90-day
maturity. And you earn 5% annual
interest. Again, a $500 minimum
opens an account. Add to it’in
amounts of $100 or more. -That's our new rate story. But you
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It’s always been the clincher for
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for thé business of living”