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Show Giant Turtle 4 4Born Born December 7 1 1941 , this smallturtle smaD small smaDtnrtle smallturtle tnrtle turtle In the . Brpnx Br Bronx DX soo zoo In New Yorkhas York Yorkhas Yorkhas has long lone way to go to mateh'eize mateheize match ' " , < elie Ise ofit of ofIt ofIts It : giant ciani parent from Galapaeoa Galapagos GalapaeoaIslands Galapagosislands Galapagosislands Islands , situated sUuated In the Pacl Pacific c ocean oceanbelow oceanbelow oceanbelow below PanamaFHA Panama Pauama PanamaFHA FHA FHAIncreases Increases 1ncreases 1 ncreases ReservesWith Reserves ReservesWith With the close of the governmentfiscal government governmentfiscal I Ifiscal fiscal year on June 30 the FederalHousing Federal FederalHousing FederalHousing Housing adminlstratior admlnistratlor administratior finished its its10th its10th its10th 10th year of operations The agency agencywas agencywas agencywas was intended to finance Ilnance mortgages mortgageson on small homes As it ends the dec decade decade decade ade it 1t has $81000000 81000000 $81 81 $ 000 000 in reserves reservesafter reservesafter reservesafter after paying all expenses out of ofearnings ofearnings ofearnings ofearningsIncome earnings earningsIncome Income tor for 1943 was $26 26 $ 574 000Expenses 000 000Expenses 000Expenses Expenses of $11102000 11102000 $11 11 $ 102000 were paidrom paid paidtrom paidfrom trom from ( this sum An original orlgmal grant of$10 of10 of $10 10 $ 000000 000 000 made by congress in1834 in 1934 to meet possible losses Is stIll stall stIllIntact stallintact stillIntact Intact officials omctals stated Another Another$10000000 Another10000000 $10 10 $10000000 10000000 $ 000 000 appropriated in 1941 to to.cover tocover . , cover possible losses on washousing war WM was- was " - housing housingprograms housingprograms housingprograms programs is almost untouched As Asa Asa a result of the favora favorable ble operat operating opera oppra t tIng tIng Ing record Insurance funds were Increased In Increased increased creased by $15 15 $15472000 15472000 $ 472 000 in 1943 themoney the themoney themoney money representing the differencebetween dllTerence difference dllTerencebetween differencebetween between Income and operating operatlng expenses expenses ex expenses penses- penses - " - pensesThe The FHA has bas Insured mortgage mortgageloans mortgageloans mortgageloans loans to 1 05 055 000 small smaU homes dur durIng during during Ing Its existence Only 4 047 fore fore- foreclosures foreclosures foreclosures - - closures were necessary of this great greatnumber greatnumber greatnumber number All but 26 of these foreclosed fore fore- foreclosed foreclosed - - closed properties have been soldLosses sold soldLosses soldLosses Losses on these sales "have have 'have " ' beenmore been beenmore beenmore more than compensated for by pre pre- prepayment prepayment - . payment premiums on mortgagespaid mortgages mortgagespaid mortgagespaid paid in full before maturity it was wasreported wasreported wasreported wasreportedAbout reported reportedAbout About 6 000 000 other home-own home own home-owners home owners homeownen homeownera - - en era have received some assistance assistancethrough assistancethrough assistancethrough through combined FHA and private privateloans privateloans privateloansSMALL ' loansSMALL loans SMALL PLANTS : With government officials still tus tus- tussling tussling tussling - - sling with wth , the twin problems problemB ofmanufacturing of ofmanufacturing ofmanufacturing manufacturing civilian goods andutilizing and anduUlIzing andutilizing uUlIzing utilizing the resoUrces resotirces resources of small busl buss buslness bussness business ness the War Production board ap ap- approved ap- ap approved approved - - proved a plan designed to acbleve achieve acbleveboth achieveboth achieveboth both end endsPressed ends endsPressed . Pressed by Chairman Maury Mav Maw Mawcrick Maverick Maverick erick crick of the Smaller War Plants Planu cor corporatlon corporation corporatlon poratlon poration . . , the plan would permit op op- operators opera - . erators orators era tors with less than 100 employeesto employee employees , to turn out civilian goods on thesame the theSlIme thesame SlIme same basis as that of ot bigger industries In inI I dustnes duslrles dustries |