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J2 MAIL TRIBUNE, M.dford, Or. A Friday. Jun 3, 1960
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Excessive Installment Buying
Biggest Payment Failure Cause
New York -ll'PH- If you find
yourself falling behind in
mortgage payments, chances
are you have done some ex
cessive purchasing under in
stallment plans. o
Homeowners who are pay
ing on time for automobiles,
TV sets, carpets, furniture,
power mowers, freezers and
food plans, and clothes dry
ers, are prone to fall behind
in their mortgage payments,
according to a leading mort
gage servicing organization.
Community Funding Corp.,
New York, notes that the
veterans administration is
highly aware of this problem,
mentioning It in a pamphlet,
"Pointers , for the Veteran
Homeowner."
The company has found
thai its unique program of
CiCCOODO EJOVED-Bound records of congressmen expense
(accounts are moved from thm Fund Room, in the cusburse:ig
office at the Capitol, to the committee on House administra
tion. Rep. Omar Burleson (D-Tex.), committee chairman,
proposed that junketing congressmen be required to account
publicly for their government-paid expenses so taxpayers
cgn be sure their money doesn't go for whiskey, night
clubbing and other high living. (UP1 Telepholo)
3
7 Lynn i3. Canine
?Va?ori$ 0t A Hon Trot"
If a sudden clap W thunder
frightened the cows or horses
in the back paure, they
"high tailed" for home, or if
the farm cat was scared she
"flew the cathole," or ' she
"ran like sixty" or went
"lickety-split." Whichever ex
pression was used, most oiks
knew exactly what was
meant.
They all described an ani
mal going somewhere in a
hurry. Others, probably just
as meaningful, said "he ran
like a scared cat." All ade
quately describe swift mSlion.
But there was at least one,
nuieh-used in some sections of
rural America, that seemingly
has little true incaning-"Two-forty
on a hen-trot "
This, like the others, prob
ably implied a chicken in a
big rush, although it's hard
to imagine a lien jogging
along in a trot. Hens run, of
course, even half fly and half
run, but trotting seems like
an intermediate pace that was
never practiced or even at
lempted by a hen. We have
all seen a horse trot. It is like
econd gear in an automobile
.- an Otion of a four-looted
animal where one front foot
nQd the opposite hind foot are
lifted at the same time, This
gait is standard with all quad
ruped animals.
Contrary to the established
Jormula, a boy can trot, al
though like the hen. he is a
biped. He can shift gears from
t walk to a Irot, or by shift
ing again, inlo a full run. Dot
of course It Is physically Im
possQjle for a two - footed
biped to lift one front foot
and the opposite rear foot at
one and the same lime.
Bipeds, aside from hens,
accomplish the trot by a
jogging gait. But the poor
hen, in spile of the old ex
pression, has never been
known io "go into a trot."
No one ever saw a hen
even jogging. She walks or
runs, becomes frantic at
limes, and goes into a leg
beating, wing-flapping flurry.
But she seems incapable of
trotting. Even if we could
get her to trot, it still would
n't explain what the old ex
pression meant about the
"two-forty" business.
Four Forward Speeds
Using the automobile terms
of L-unOpui ison, we could
truthfully say a horse has
four speeds rnrwarri: walk,
trot, run and gallop, but onlv
one reverse. The Irot is the
second gear gait that the hen
has never acquired.
It would be interesting to
have known the uninformed
individual who coined such a
ridiculous expression in the
first place. Neither could the
hen ever "jog along." Maybe
it was the same person who
later modified the expression,
"two-forty on a hen-trot," or
added to it by saying the hen
or the boy or the horse was
"going lickety-split."
Of course, no one would ex
pect a hen to "high tail for
Hie barn or "fly the cat
hole." but she could "run like
a scared rabbit" or "go like
sixty," which probably must
all be equivalent to going
"two-forty am a hen-trot."
(Released by Tht Register and
Tribune Syndicate, 1960)
education ana personal con
tact in keeping homeowners
up-to-date on their financial
commitments pays off with
an extremely low loan delin
quency rate.
Big Problem Found
Last year 1.17 per cent oft
the mortgages serviced by
Community Funding were de
linquent in payment, while
the national delinquency rale
for VA loans was 2.16 per
cent, FHA loans 1.60 percent,
and conventional loans 1.13
per cent.
Community oFunding serv
ices two of the largest subur
ban communities in the Unit
ed States Leviltown, N.Y.,
and Levittown, Pa. Since most
I.eviltowncrs are homeowners
for the first time, the company
has found a big problem to be
their Jack of awareness of
mortgage obligations.
The firm's first step in deal
mg with a new homeowner is
to send him an explanatory
letter dealing with his new
obligation. It breaks down
the monthly pacnent so the
homeowner can see exactly
where his money goes; it ex
plains that these payments are
for the previous month and if
not received by the first of
the month are considered de
linquent. Unusual Contact Plan
Vice President Howard
r isner noies that the com
pany has instituted an unus-
personal contact nlan to
Help cut down payment de
linquency and aid homeown
ers in difficulty.
Tile firm's "homeowner rep
resentatives" visil some 700
homeowners month, coun
seling them on all financial
problems relating to house
ownership. They work very
closely with those who have'
fallen befcind in their pay
ments, and in many eases help
10 arawfip a realistic family
budget so that the payments
can be brought up lo date.
Fisher points out that late
ness on mortgage payments of
16 days or more is expensive
to the homeowner since a late
penalty is charged on the en
tirc Installment.
In cases where Ulncss or
death causes mortgage delin
quency. Fisher says special al
lowances usually are mafic
and the homeowner is carried
by the company for a reason
able length of time.
ine nomeouner reprcsen
latives" also strive lo prevent
payment delinquency before
it actually occurs. Fisher said
I that before last year's long
sieei siriKe me representa
tives visited homeowiBprs at
Lcvitlown, I'a., who were em
ployed in nearby steel plan(3,
and helped work out a mort
gage payment schedule with
thorn. Few payments were
misscdalthouL'h hundreds of
these residents were out of I
vork.
Community Funding ' serv
ices mortgages !ucd at SI 13
million I'Q many savings
banks, and charges a fee
jOsvhich is a percentage of morl-
gage"pay incuts collected.
m JIM
'ANNUAL SUMMER SAVINGS SPREE
a o
77
NO WOMEN PRIESTS
Vatican City - lli' - The
Vatican City magazine Os
servatore Delia Domenica
said Wednesday women never
will be able lo become priests
or bishops in the Roman Caffi
olie church. The unofficial
magazine said the recent con-
Isccration of three women
priests in the Swcdii nation
church was disapproved by
other Protestant churches and
the Roman Catholic church.
"I REDUCED with
Ayds"
says MAMIE
VAN DOREN
"I've tint 10 II,.
on t h o A y il
Pian. Tliero'a no
easier. s:if,r wiiv
to lose wriirlit." Taken lis ihrt't-ttui
ln-foro iiu-nlM. Ay.li riolm your appe
tite. You nnfiiiMiiMn; i-iit leu
loe iioiiml. Ayils now in t-horo-liite
fmltxo-lypi' ami vnnilln caramel.
Money hark guarantee. A Month's
Supply
Wt GIVE &?M.
GREEN STAMPS
Wainscott's
PHARMACY
322 Ejit Miin Mcdlord
c
O O
sam V3
saloSman '9 samples'
m. 1.0& to 10.9&
Vi OPP
Famous Brand of Knit, Lastex and Cottons. Size
ranges 3-6x mostly 6, 7 to 14, mostly 10 and 12,
Teen sizes 8 to 16, mostly 1 4's. Exciting assort
ment of unusual styles,
o
f ' - i--' 7-
V ...
save 40ft pair
slightly irregular
FAMOUS BRAND HOSE
o
reg. 1.15 pair 2 1.50J
Slight imperfections in no way impair the wearing
quality of these fine delicate sheer hose. Rein
forced heel and toe for longer wear. Assorted
summer colors.
i m-. i
saw 80$
box&r style
o
BOYS' SWfMSOim
regol.79
99
Ginghams and prints. Sizes 4-18. Choose early
from a good selection.
save 50 pair
repeat of terrific sellout
MEN'S COTTON SOCKS
reg. 1.00 pr.
5921.00
!
i
Argyles and panel patterns. Slight imperfections
in no way impair the wearing quality of these
sox. You can hardly see the liny irregularities.
save up to 1.96
nationally advertised
199
r2$. 3.95
Fancy embroidered cotton contour cup. Three-way
trapless. q
o
Fine cotton circle stitch. Three-way strapless. Con
3.99
tour wired cup.
e
save now:
o
, If
playclothes for sammsr
'Si
sizes 8-16
3.99)
Sleeveless crop tops and tuck in blouses in checks.
prints, stripes and solid colors. Matching jamaicas
in check and solid colors. All washable. A real
value. Select several for summer.
save now!
ideal for gifts
OCEANS OF 8BT1GHS
Spool and Bobbin box. DeLint brushes. Guest
towtfj dispenser. Dampening bags. Ironing board
pod and cover, lastex shoe mitts. Oven mills and '
0 poi noiaer set. Belt rings & pin cushions-2 for 83c
save now!
t
sweatshirt fleece
BEACHCOMBER PANTS
reg. 2.98each o
1.99
and matching shirt formen q
Thirsty fabric drinks up woter. Whin with red and
bluOrim. Matching boat neck shirt.
save up to 8.00 each
amazing one price
LUGGAGE SALE '
price plus tax
11.99
t.
Cases feature ihu-pak lids. Five popular sizes
from which to choose, d-ight blue or grey tweed.
Each size at the oge low price.
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