HQLC Loans Reach Total Of $17,045,378 In N. C.
Sum Expected
Eventually To
Be $45,000,000
More Than Thirty-Five
Per Cent Have Been
Paid Borrowers
APPROVALS RAIPD
Home owners’ loans crossed thi
$17,045,378 mark in North Caro
lina with a total of 6,706 borrow
ers, reports C. S. Noble, state man
ager of the Home Owners’ Loai
Corporation with headquarters here
The outlook is for the corpora
tion to invest in excess of $45,000,
000, in North Carolina homes, i
is predicted by Washington official
dealing with the North Carolin.
situation.
More than 3 3 per cent of Nortl
Carolina loans have gone througl
the HOLC mill, have received thei
disbursements, and are now in th
repayment stage' through the nev
regional headquarters that has beei
set up in Atlanta for the territory
that includes the Carolinas. Thi
remaining 66 per cent of loans an
at various stages of approval, rang
ing from the first office acceptanci
and analysis by legal experts to fina
approval.
As an indication of the speec
that is now being made, the con
sent of the mortgagees has beei
obtained as to 13,176 application
that have been received, to accep
HOLC bonds, with the principa
and interest fully guaranteed, ii
lieu of mortgages held on the pro
perties.
Thus far the corporation ii
North Carolina has received 18,
971 applications for loans, and ha(
all of these been found in perfec
order, the sum of $49,774,70/
would have been required to lifi
the mortgages.
But as legal experts put the ap
plications under the governmen
microscope, it was found that 1,
665 had to be rejected as they die
not fall within the purview of thi
act of congress, and could not b(
handled. On the other hand, 621
applicants withdrew their request
for loans as they found that they
could finance their properties at
other agencies, or were themselves
able to handle them by meeting
payments.
With 2,28 5 applications thus
eliminated, all remaining applica
tions are under preliminary inves
tigations with the first appraisals
of the properties under way. This
leaves the remainder of the appli
cations for eligible loans to straggle
in the Salisbury and branches of
fices between now and June 13,
XNow 1 m the Picture
of Health,” Says Lady
After Taking CARDUI
Here is how Cardui helped an
Alabama lady. ... "I suffered
from pains in my back and sides,”
.Writes Mrs. A. G. Gray, of Cusseta,
Ala. ‘‘I was so thin and weak, I
read of Cardui and decided to take
it. I noticed at once it was help
ing me. I kept taking Cardui un
til I had finished five bottles. I
gained. My health was much bet
ter. Now I am the picture of health.
My color is good and my weigh!
increased.” . . . Thousands of
women testify Cardui benefited
them. If it does not benefit YOXJ,
consult a physician.
N. C. Police Increase Efficiency
With Great Motorcycle Fleet
i Above—Like an armored car, the
i new bandit chasing police motor
• cycle protects the occupants, and
has high offensive value.
. At Right—New police radio ma
chines have added greatly to the
1 motorcycle officer's efficiency.
By LATTIMER SHAW
' llfHEN the motorcycle policeman
; is on the road traffic flows
1 smoothly, with a minimum of acci
dents. In addition, the motorcycle
I is the supreme weapon in our con
stant warfare against the motorized
t criminal.
This seems to be the unanimous
’ opinion of state, county and munic
: ipal police departments throughout
' the country. One by one these de
1 partments are adopting two-wheeled
■ vehicles, in small numbers at first
but, as their efficiency and economy
, are proved, great fleets are ordered
and put out on the highways at
I their task of saving lives and pro
tecting the rest of us from the crim-'
; inal. And presently the authorities
discover that the motorcycle is a
'■ powerful agent in curbing the ac
tivities of the gasoline and oil boot
. legger who is costing American mo
torists more than $40,000,000 a year
in tax evasion and car damage; in
I providing escorts for distinguished
: riot calls and other police alarms
1 and in a thousand other ways. The
adoption of radio for police motor
cycles has greatly enhanced their
value.
In order to get some facts about
this encouraging situation I queried
the country’s leading maker of mo
torcycles, the Indian Motocycle
Company. Some of the figures they
gave me were amazing. In a few
short years the police use of mo
torcycles has jumped from a mere
sprinkling to a mighty fleet which
includes more than 5,000 motor
cycles of this one make. Indian
machines, they told me, are used
by 23 state, 60 county and more
I than 630 city police departments.
• ——————■
11936 closing date for applications,
[which are expected to increase
rapidly as home owners learn more
about the new plan for financing
their homes at a lower rate of in
terest and for a long period.
The state average for North
Carolina HOLC loans is $2,625,
while the national average loan-per- •
home has aggregated $3,110. Loans .
have kept well within the limit de-j
fined by the act of congress, a
maximum of 80 per cent of the
value of the security. The percent
age of loan value on all loans made
to date over the nation has aver
aged 66 per cent of the total pro
perty value, it was stated today.
The tapering HOLC loans in
North Carolina and the shifting of
collections and much of the audit
ing work to Atlanta may reduce
This, they informed me, means th
more than 70% of the city popul
tion and over 60% of the enti
population are being protected 1
officers riding these fast movii
machines.
The largest group, 418. is used 1
that great police organization, tl
Pennsylvania Highway Patrol. Tl
police in New York City alone u
380, while the state officers
Massachusetts patrol the Commo
wealth’s highways with 237. In tl
prevention of road accidents mot(
cycle police are doing magnifice
work. Wherever roads are regular
patrolled by motorcycle office)
lives are saved because a decrea
in the proportion of accidents
observed.
The North Carolina state poli
have added to their already lustro
reputation for efficiency and sk
through the use of 50 of these n:
chines, with probably more to con
while many cities and tow
UllUUfiUUUl LUC 3U1LC ttic Oimiiai
protected. All over the Unit
States, as well as in Canada ai
Mexico, the police are making ne
progress in their battle with crir
and in making our auto traffic safi
through the use of swift, econor
cal, easily maneuvered Americ
motorcycles.
the Tar Heel personnel later o.
but nothing of the kind is expect<
just at this time, with new appl
cations come in every day.
The summer hotel guest wl
won’t tip the help liberally for dc
ng things he would rather do hirr
;elf, is considered a tightsvad.
Catawba Home
Coming Day
October 20th
I Plans for Catawba’s annual
| homecoming day for the alumni
I on Saturday, October 20, are
| rapidly nearing completion, and the
I real work of presentation is well
I underway. Class presidents have
I met with Porter Seiwell, Miss Bat
| te, Miss Omwake, and Miss French
| to formulate rules and regulations,
§ and as a result have called meetings
| during the past week for the pur
pose of appointing various com
mittees. The request for new
ideas on the part of these heads
has brought a ready response from
an interested student body.
As in past years, the morning ex
ercises will be devoted to the parade
in costume and to original songs,
while the event of the evening will
be class stunts. Instead of using a
| unified theme, such as the N. R. A.
| idea of 1933, a new plan is to be
| inaugurated, and each class may
7 choose separate themes. This of
Ifers a chance for wide diversity in
presentation and also variety in en
tertainment. The programs shall
be judged on a new basis ot grad
ing based on originality and finish
in costumes, originality in songs,
and in stunts. The judges will pro
bably all come from Salisbury with
the exception of one alumnus.
The rules and regulations com
pleted are:
P 1. The morning exercises shall
R include five songs with no original
* music necessary.
2. The stunts shall last 15 min
” utes.
a. 3. The class advisor shall super
re vise and advise, but may not take
iy any hand in the actual work,
ig 4. Each class shall have separate
program themes.
>y _
ie wi i ■ n
,e reaerai revenues
le
;; Pass One Billion
le -
r The nation’s rising revenues for
. the current fiscal year have passed
,g the billion dollar mark—271,000,
3e 000 ahead of 193 3—and treasury
is officials look about for omens of
recovery that would further in
-e crease the gain.
is Although conflicting develop
111 ments obscured the view, signs that
^ were interpreted in government cir
ls’ els as encouraging were not lack
ly ing
m! From acting Governor Thomas
id of the federal reserve board came
j word that the quality of applica
lejtions for direct federal loans to in
r | dustry was improving. The Sep
” tember 26 total of $7,676,000 of
outstanding and approved loans
— commitments was increasing steadi
i, ly, he said.
d '
i- TRAPPED!
Graham—A sensible man doubts
o everything. Only a fool is certain
-Iof what he says.
- Wallace—Are you sure?
I Graham—Postive.—Answers.
Catawba Beats
Newbery 24-0
The Catawba football team;
handicapped by a lighter line, gal
lantly blazed its way to victory
over the strong Crimson team of
Newberry College to the tune of
24-0. The teams gave one of the
greatest exhibitions of college foot
ball that has ever been seen by any
one in this section of the country.
Every minute of the game was ex
citing, every minute held in it;
fold a tense anxiety, every minute
was precious. Every man on the
field was in there fighting, and
fighting hard, for his team. The
chill air of the afternoon was al
most perfect for good football.
Catawba scored once in the
second quarter when Meehan took
the ball over alter a long drive
down the field. Vaniewsky made
good the extra point. In the thirc
quarter the educated toe ol
Vaniewsky placed the ball over anc
between the bars for a three
marker from the field, making the
score 10-0. In the final qujartei
Catawba scored two touchdowns
one by Clark and the other by that
flashy quarterback, Red Meehan
Vaniewsky made good the extr;
points on both occasions,
j. This victory for Catawba place:
the Blue and White team in a posi
tion of surety when it bucks uj
against the Elon aggregation nex
Saturday afternoon. It is sincere^
hoped that that greatest of enemie
—overconfidence—doesn’t get thi
boys. If they play ball all seasor
like they played today, they wil
[have little opposition!
I '
Want Nut Samples
From Native Trees
Good nut trees bring a three
fold advantage to the farm home,
says Prof. M. E. Gardner, of Stale
Colltge. They produce food, pro
vide shade, and add to the attrac
tiveness of the landcape.
Gardner is interested in locating
and developing the best nut trees
native to North Carolina. Particu
lar interest is centering around
black walnut, butternut, hickory,
native havel, northern pecan, and
some of the beach nut trees.
He suggests that farmers who
wish to help in the work, and who
wish to be helped, send small
samples of their best nuts to C. A.
Reed, Bureau of Plant Industry,
Department of Agriculture, Wash
ington. A pound of small .nuts or
two pounds of large nuts will be
enough.
The bureau will examine the
nuts and plant them in test plots.
Later a report will be sent to the
farmer as to whether the seeding*
are good enough, in comparison
with other nuts from the same
region, the graft and use as a hor
ticultural variety.
When sending the nuts to Mr.
Reed, Prof. Gardner advises pack
ing them carefully and marking
them so there will be no difficulty
in telling from which tree they
came. Also write Reed a letter giv
ing full particulars about the nuts.
The return address of the sender
should be on the package.
Those who send samples from
their nut trees are requested by
Professor Gardner to notify him of
the action, since it may be that
prizes will be offered for the best
products submitted.
When prison convicts have an
uprising, they should be given a
long down-sitting in suitable con
finement.
MR. R. C. KING TELLS A WONDERFUL
STORY ABOUT RATS. READ IT
For months my place was alive with rats and I was loosing eggs,
i feed and chickens, when friend told me to try BEST-YET. I did and
was somewhat disappointed at first by not seeing many dead rats, but
in a few days didn’t see a live one. What were not killed are not
; around my place. BEST-YET kills rats and mice only and leaves no
. smell from the dead rat. Comes in two sizes, 2 oz .size for the home
, 25 c, 6 oz. size for the farm 50c. Will not hurt your cat, dog or
chickens. Sold and guaranteed by TFIE FOIL BROTHERS GROC
ERY, 111 W. Fisher Street, Salisbury, N. C.
i
IN THE MIDST of all
Government Buildings
Within a radius of one mile of Hotel Continental
are located twenty of the most important gwem
ment buildings The Union Station is just a block
and a half away Every room has an outside
exposure. Excellent food in coffee shop and
dining room with moderate, fixed price meals.
HOTEL
CONTI NErNTAL
RATES with BATH
»2» to *5.00 Single
$4?° to * 7.00 Double
without bath *2 *2f nngle
• O. Of double •
1
C.J.COOK Manwger i
Travel any where..any day^|/A
o« me SOUTHERN /orV%
A fare for every purse... / *mile
[One Way Coach Tickets . . .
On Sale Daily
©Round Trip Tickets . . . . .
L . . for each mile traveled . . . return limit 15 days
Good in Sleeping and Parlor Cars on payment
of proper charges for space occupied -
Round Trip Tickets . . . . .
. . . for each mile traveled... return limit 6 months
Good in Sleeping and Parlor Cars’on payment
of proper charges for space occupied
<* 4 i
#^One Way Tickets ......
Good in Sleeping and Parlor Cars on payment
^jffUm of proper charges for space oecupied
— no surcharge:
HIGH CLASS TRAINS
iateac Pullman Equipment, including Compartment,
Drawing Room and Open Section Seeping Can
MODERN COACHES..CONVENIENT SCHEDULES
Inauie Sedafaetorr Service on the Southern Railway Syatesa "
Be Comfortable in the Safety of Train Travel
FRANK LJENKINS-4
rnsr
R. H. GRAHAM
Division Passenger Agent
Charlotte, N. C.
SOUTHERN RAILWAY SYSTEM
Of Course
You Want Your Boy To Win!
it any one told you that you were making it needlessly hard for your
boy or your little daughter to get on in school you wouldn’t believe it
! could be true. Are you giving your children the good light they need for
if their home studying? Poor light makes concentration difficult, brings on h
U fatigue and drowsiness quickly, is damaging to young eyes, and is often
j§ responsible for faulty posture. All of which are dangers to be guarded §
i against.
Investigate the New 3-Lite
. INDIRECT LAMP
Equipped with the Madza three-lite bulb which permits a $
variation in ibumination from a high level to medium
level or to a low level simply by.turning one switch. ,
One turn provides a high level by operating the two bila
ments in the lamp which utilizes a total of 3 no watts. On j
our new residential schedule this will cost n; tenths of
a cent an horn to operate after a total of 30 ..*VH have
been used. I
The second turn of the switch will cause the 200-watt :
filament to burn. The operating cost in this case will be
six-tenths of a cent per h'our.
The third turn of the switch will operate the 100-watt ;
filament. The operating cost will then be three-tenths
of a cent per hour. j
Price $1 ^95 WiJ
QCa Pach $1 Per Month With Electric
VlIU vadll I BiU Until'Paid.
Southern Public Utilities Co. I
PHONE 1900 I
Ride the street cars and avoid the parking nuisance 1