anaheim-bulletin 1959-04-01

YOUR MONEY'S WORTH Several Reasons Make Current Year A Good One in Which to Buy a House By Sylvia Porter Is 1959 a good year for you to buy a house? In most areas around the country, the snows are gone, the model houses are ready for visitors, homeowners with properties to sell are experiencing the first of their "shut-in week ends" until the right buyers sign on the line, real estate agents in the majority of regions already are reporting inquiries at the highest level in years. The annual homebuying season in short, is now into full swing. The percentage of consumer who, according to the latest Federal Reserve System survey, plan to buy houses in 1959 is up to 9.3 per cent, far above 1958's number and close to the record of purchasers in 1955 when over 1,300,000 houses were built. For hundreds of thousands of Americans in every income class, "Should I buy now?", therefore, is truly the key question. Well, is it a good year for you to go ahead with what probably will be the biggest financial move of your life? It is — if you are relatively sure that you're set to stay in your present locality and thus, you won't be forced into a sudden sale. It is — if you are fully aware that homeownership will involve many more expenses than monthly mortgage and interest payments, and you have the basic nestegg and income to cover these other expenses. It is — because the fundamental forces which have been operating in favor of homeownership since the start of World War II are continuing to operate on that side. More specifically: (1) Prices of buying and building a home are at new peaks, but there are no signs that they're going into a decline and, on the contrary, the trend is still toward higher prices. and you have the basic nest egg and income to cover these other expenses. It is — because the fundamental forces which have been operating in favor of homeownership since the start of World War II are continuing to operate on that side. More specifically: (1) Prices of buying and building a home are at new peaks, but there are no signs that they're going into a decline and, on the contrary, the trend is still toward higher prices. It's far from a comfortable situation for the middle-income homebuyer but, with wages in the building industry rising automatically and costs of materials heading up too, the outlook is for still fatter prices. And the general economic pattern for the 1960's hardly suggests waiting to buy is a wise decision. (2) Mortgage money is more expensive than a year ago, but it's not likely to get cheaper and, on the contrary, the probability is a mortgage will become harder and more expensive to obtain. We're not now in anything like the mortgage money squeeze of summer - fall, 1957; mortgage money is available and you might be able to get a fairly favorable deal if you have a good credit rating and banking connections. The direction of mortgage money both is upward, though. There's not much sense in holding off in the hope of a cheaper mortgage. (3) Prices of land are at an all-time top, still climbing. In some areas in California, Florida and Arizona, there is danger of runaway speculation in land. But in even modestly prosperous regions, land prices are on the rise. From coast to coast, suburbs are stretching out, swallowing rural lands. Waiting for a decline in land prices appears pretty futile. (4) The choice of homes to buy is the best ever. Tens of millions of homes have been built since World War II. There is no shortage of houses whispering. On older houses, you can bargain. In new houses, you can get more for your money than a couple of years ago. (5) Finally, much as homebuilding costs have risen recently, rents have risen more. The weight is still in favor of homeownership, particularly when the tax deduction angles are included too. There are many aspects to homeownership that have nothing to do with money — the emotional fulfillment of ownership, of "be-housing" to a community, etc., and on a strictly financial basis it also makes sense. But what to buy? A new or old Firestone BRAKE SPECIAL Here's What We Do... 19 ANY CAR COMPLETE BRAKE AND FRONT END SERVICE 6 Months To Pay Firestone STORES Official Brake Station No. 4048 400 W. Center KE 5-4545 RATH'S PROZEN BEEF, PORK, VEAL C VICTOR DORGE—16 oz. Star ROCK CORNISH GAM STAR-KIST FROZEN LOBSTER TA NORTHERN SILVER SALMON ST Thriftmaster FIN NEW, WHITE ROSE POTATOES FRESH GARDEN, FULL POD GREEN PEAS ALL GREEN, LARGE ASPARAGUS SUMMER OR ITALIAN SQUAS QUAIL BRAND PINEAPPLE JUICE 46 oz. Tin 4 FOR $1.00 $6,000 Pay Increase Set for Judges in Bill SACRAMENTO (UPI)—A $6,000 yearly across-the-board pay boost for California judges has been proposed in the Legislature. Under amendments Sen. George Miller Jr. (D-Martinez) submitted Monday to an earlier bill of his, the state chief justice would receive $30,000, associate justices $28,000, appellate justices $27,500, superior judges $24,000 and municipal judges $22,000. Miller said judges in the smaller counties actually would get slightly higher increases "since they would no longer be penalized because of county populations." Loss of Sleep Has Little Effect on Hunger, Affects Psychological Pain and Emotional Isolation and Lessness. CHICAGO (UPI)—The man who loses a lot of sleep may slough off books and barbells, but he'll stay hungry and affectionate, according to three Utah physicians. The doctors, in findings released today in the journal of the American Medical Association, said medical students kept awake in a 72 hour "drive test" showed a "most prominent" desire for sleep. Less expected, however, was their "persistent and sustained interest in food and sex" among choices also including exercise, intellectual activity and hostile behavior. Doctors Eugene L. Bliss, Lincoln D. Clark and Charles D. West, of the medical college of the University of Utah, also warned that the gnawing worry that prevents sleep can drive an opening wedge into a split personality. Many persons about to suffer a psychotic breakdown experience "severe insomnia and a few pass through a prolonged period of wakefulness as the schizophrenic process unfolds," their findings stated. The physicians, who practice at the Salt Lake City Veterans Administration Hospital, traced cases of two patients whose "seemingly insoluble problems"-included in all lanes of traffic on the way, between 27th Street and point 1.4 miles north of Dewitt were opened Monday. EVERY DAY'S A SPECIAL DAY AT The Times EVERY DAY THRIFTIMARY WITH A GIANT WELCOME IN ALL MARKETS QUAIL BRAND TOMATO SAUCE 16 8-oz. Tins $1'00 BANQUET PROZEN BEEF, CHICKEN, TURKEY DINNERS 2 12-oz. Phaps. $1'00 QUAIL BRAND CUT GREEN 8 No. 302 Tins QUAIL BRAND GOLDEN FIRST QUALITY E 'AA' BUTTER 1-lb. Cm. 69¢ TOMATO SAUCE 16 8-oz. Tins $100 QUALITY MEATS GRADED "CHOICE" OR "GOOD" SS STEAK IP ROAST SWING BEEF 69¢ lb. ER CUT ROUND STEAK . . . 73¢ lb. MIDWEST DON 1-lb. Php. 49¢ LEFT'S FLAVOR DELUXE DONELESS Serve Hot or Cold LEAN CORNED BEEF ROUNDS 75¢ lb. LAMINATED ZEN BEEF STEAKS 3 4-oz. Php. 87¢ PROZEN ILER STEAKS 2 71-oz. Php. 79¢ LEAN FRESH GROUND MEATS GROUND GROUND GROUND EEF CHUCK ROUND 3¢ lb. 55¢ lb. 69¢ lb. PROZEN PORK, VEAL CHOP-ETTES 8-oz. Php. 45¢ BORGE—16-oz. Tins CORNISH GAME HENS 89¢ ST EN LOBSTER TAILS 101-oz. Php. 95¢ BANQUET PROZEN BEEF, CHICKEN, TURKEY DINNERS 2 12-oz. Php. $100 BANQUET PROZEN BEEF, CHICKEN, TURKEY MEAT PIES 5 8-oz. Php. $100 QUAIL BRAND SWEET PEAS 10 No. 303 Tins $100 QUAIL BRAND APPLE SAUCE 10 No. 303 Tins $100 QUAIL BRAND SLICED BEETS 10 No. 300 Tins $100 QUAIL BRAND TOMATOES CUT GREEN 8 No. 302 Tims QUAIL BRAND C GOLDEN 8 No. 303 Tims QUAIL BRAND ALL C ASPARAGO BIRDS EYE CRINKLE FROZEN P PAPER WRAP ORCHID N SAF IRISH POI PINEAPPLE-GRAPE CAL-FAME POODCRAPT SWEET DI LAWRY'S SPAGHETT PACIFIC HONEY TIE GRAHAM YUBAN INSTANT HANDY IRIS BLEA LIQUID IRIS DETT POWDERED IRIS DETT LIQUID IRIS STA JANE ANDERSON' PIZZA PI JANE ANDERSON' HAM SP PROZEN PORK, VEAL CHOP-ETTES 8 oz. Pkg. $45.00 DORGE—16 oz. Skim 89¢ CORNISH GAME HENS 10½ oz. Pkg. $95.00 EN LOBSTER TAILS 75¢ ER SALMON STEAKS Thriftmart FINEST PRODUCE WHITE ROSE 5 LBS. 14¢ TATOES GARDEN, PULL POD 2 LBS. 19¢ GREEN PEAS 2 LBS. 29¢ GREEN, LARGE PARAGUS OR LIAN SQUASH 10¢ AIL BRAND NEAPPLE JUICE 6 oz. Tin FOR $1.00 QUAIL BRAND Halves or Mixed PEACHES No. 2½ Tin 4 FOR $1.00 THURS., FRI., SAT., SUN., APRIL 2-3-4-5 FOR DAILY RADIO SPECIALS, DIAL 570—KLAO WE RESERVE THE RIGHT TO LIMIT QUANTITIES SALES TAX ADDED TO TAXABLE ITEMS EVERY DAY'S A SPECIAL DAY AT Hunger, Affection psychological pain and led emotional isolation and sleep-ness. Barstow-San Bernardino freeway Open to Travel SAN BERNARDINO (UPI) completion of an 8.6-mile section freeway enabled motorists to travel today from here to Barstow without a stop. All lanes of traffic on the freeway, between 27th Street and a point 1.4 miles north of Devora, were opened Monday. WE'RE OPEN NOW U-ALL-COME! SEAHORSE SWIMMING SCHOOL Family Swim Center 13102 GARDEN GROVE BLVD. Garden Grove JE 7-7974 EVERY DAY'S A SPECIAL DAY AT Thriftmart A GIANT COME" SALE MARKETS QUAIL BRAND CUT GREEN BEANS 8 No. 302 $1.00 Tins ALL GRINDS YUBAN COFFEE 1-lb. Tin 69¢ QUAIL BRAND CREAM STYLE GOLDEN CORN SUNNY VALLEY FRESH GRADE 'A' LARGE EGGS CUT GREEN BEANS 8 No. 302 $1.00 Tins YUBAN COFFEE 1-lb. Tin 69¢ QUAIL BRAND CREAM STYLE GOLDEN CORN 8 No. 303 $1.00 Tins SUNNY VALLEY FRESH GRADE 'A' LARGE EGGS Den. Ctn. 39¢ QUAIL BRAND ALL GREEN CENTER CUT ASPARAGUS 8 No. 300 $1.00 BIRDS EYE GRINKLE CUT FROZEN POTATOES 2 9 oz. Flight 39¢ PAPER WRAP ORCHID NAPKINS 2 9 oz. Flight 25¢ S&P IRISH POTATOES 10 9 oz. Flight 10£ $1.00 PINEAPPLE-GRAPEFRUIT CAL-FAME DRINK 40 oz. Flight 27¢ FOODGRAFT SWEET DILL CHIPS 18 oz. Flight 29¢ LAWRY'S SPAGHETTI SAUCE MIX 12 oz. Flight 25¢ PACIFIC HONEY TREAT GRAHAM CRACKERS 1 lb. Flight 31¢ YUBAN INSTANT COFFEE 6 oz. Flight $1.25 HANDY IRIS BLEACH 1-oz. Flight 33¢ LIQUID IRIS DETERGENT 12 oz. Flight 29¢ POWDERED IRIS DETERGENT 28 oz. Flight 27¢ LIQUID IRIS STARCH 9 oz. Flight 25¢ JANE ANDERSON'S FROZEN PIZZA PIE WITH ITALIAN SAUSAGE 6 oz. Flight 45¢ JANE ANDERSON'S HAM SPREAD 6 oz. Flight 39¢ POWDERED IRIS DETERGENT 27¢ LIQUID IRIS STARCH 25¢ JANE ANDERSON'S PROZEN PIZZA PIE WITH ITALIAN SAUCE 45¢ JANE ANDERSON'S HAM SPREAD 39¢ TENDER AND JUICY GRAND TASTE FRANKS 49¢ Van de Kamp's SPECIALS APRIL 2-8 Shortbread or Melasses COOKIES 2 pkg. 494 PECAN SPICE CAKE 984 oz. 504 half LIGHT MEAT CHUNK STYLE S & F TUNA No. 1/2 Thr 19¢ PLAIN OR IODIZED S & F SALT 8 26-oz. Phps. $1'00 MONTEREY JACK CHEESE CHUNKS Lb. 49¢ QUAIL BRAND TOMATO JUICE 46-oz. Thr 19¢ EVERY DAY'S A SPECIAL DAY