University of South Carolina Libraries
The Newberry Sun, Newberry, S. C., Thursday, Sept. 19, 1968—Page 5 Moody Report at Library The Moody Report, “a frame work for South Carolina’s fu ture,” is now available at pub lic libraries throughout the State. At the request of the South Carolina State Library Board, the Report has been placed in all public libraries and most branch libraries in the State. The recently completed study “Opportunity and Growth in South Carolina 1968-1985,” was made by Moody Investors Service, Inc. of New York un der commission of Gov. Robert E. McNair. Miss Walker commented on the action, “The Moody Report is of interest to many South Carolinians—businessmen, ed ucators, local officials, anyone interested in the State’s future growth. We feel it is a valau- ble reference source and we are delighted to see it placed in our public libraries where it will be available to everyone for study.” The Moody Report analyzes in depth three broad areas af fecting the State and its citiz ens—education, transportation and health. The Report also studies, more briefly, care of the institutionalized, the hous ing of state government, par ticularly at the Capitol com plex, and the development of parks, tourism and recreation. In addition, the Report includes specific and detailed recom mendations to support progress in the various areas studied. GI loans have advantages In addition to the obvious ad vantages of low or no down payments, a generally lower interest rate and longer mort gage period, G. I. home loans offer eligible veterans the right to pay off their loans at any time without penalty, John I. Findley, Loan Guaranty Of ficer of the Columbia Veterans Administration, today remind ed prospective veteran home purchasers and present G. I. home owners. Since the VA first started guaranteeing veterans’ home loans in 1944 under the World War II G. I. Bill nearly 7,000,- 000 home loans valued at about $70 billion have been made. Of this number, nearly half—or 3,230,000 loans in the amout of $25 billion—have been repaid in full, Findley said. The maturity term of VA guaiMiteed G. I. home loan mortgages varies with the type of construction (brick or frame) and the policy of lend ers. According to VA, how ever, two-thirds of the G. I. loans guaranteed last year were for the 30-year maximum. On the average, VA says, veterans pay off 30-year mort gages in 16.5 years. Average periods for paying off mortga ges of shorter duration are: 25-year mortgages, 14 years; 20-year mortgages, 11 years; 15 year mortgages, 8 years. Veterans with existing G. I. home loans or veterans who plan to use the G. I. Bill enti tlement to buy homes may get information on the advantages of VA-guaranteed or direct home loans from the Veterans Administration regional office where their records are main tained. PLEIKU, Vietnam — Army Specialist Five Anderson C. Gray, 25, son of Mr. and Mrs. David D. Gray, Rt. 4, Newber- -ry, was assigned as a gener ator mechanic in the 43rd Sig nal Battalion near Pleiku, on August 8th. His wife, JoAnn, lives at 744 James street, Newberry. THE BIG DAY Thursday, September 19th Premiere Showing 1969 DODGES MONACO, POLARA, CHARGER, CORONET, DART AND THE DODGE SCAT PACK CHARGER RT. - CORONET RT. - SUPER BEE - DART SWINGER 1969 CHRYSLERS NEW YORKER - 300 - NEWPORT 1969 PLYMOUTH^ FURY - SATELLITE - VALIANT AND THE PLYMOUTH ACTION UNE GTX - ROAD RUNNER - ’CUDA IN OUR SHOWROOM » Smith Motor Co. YOUR DEPENDABLE DODGE - CHRYSLER - PLYMOUTH DEALER 1309 COLLEGE ST. 276-3022