Social Security to rise 7.4 percent in July
Washington AP says automatic cost of living increase will boost benefits for new 65 year olds by about $27 a month, with the rate tied to the CPI. White House and Congress may delay or deny the rise to cut the 1987 deficit, as costs add up to billions from trust funds. Maximum 65 year old retirement benefit rises to $729, couple average to $695.
MENTIONED IN THIS ARTICLE
Washington
White House
Congress
Social Security Administration
Castro Considers U.S. Offer Amid Cuba Westward Drift
Secretary Haig says Fidel Castro is anguished by a possible shift away from Moscow toward the West. He noted the option is open and Castro may gain wisdom if not ideologically fixated. Officials say there is no clear sign Castro is rethinking Cuba policy.
MENTIONED IN THIS ARTICLE
Washington
Alexander M. Haig Jr
Fidel Castro
Cuba
Moscow
United States
Reagan
U.S
Castro
Soviet Union
Pearl found in oyster at Augusta restaurant
Delores Snipes of Aiken reportedly found a small pearl about 3mm while eating oysters at an Augusta restaurant. Emil Roy notes that some people are superficial, a lighthearted observation tied to the odd find.
MENTIONED IN THIS ARTICLE
Delores Snipes of
Aiken
Augusta
Emil Roy
Posner Increases Share Of Graniteville Stock
Miami businessman Victor Posner raises Graniteville Company stake to 20.76 percent via Southeastern Public Service Co purchasing 134 600 shares. He plans no direct involvement, will mail proxy, and may influence two board seats though not to attend. Graniteville’s management still holds under 5 percent. Gulf and Western added 5.6 percent shortly after Posner’s initial purchase.
MENTIONED IN THIS ARTICLE
Victor Posner
Southeastern Public Service Co
Posner
Aiken County
Graniteville
John Cunningham
Cunningham
Southeastern
Graniteville Management
Gulf and Western Industries Inc
Armada on full war alert as Falklands talks wind down
British Foreign Secretary Francis Pym ends talks with U S officials in Washington amid pessimism over a peaceful settlement with Argentina. The 61 ship Royal Navy armada readies for action as Gen Leopoldo Galtieri reinforces troops on the Falklands Malvinas.
MENTIONED IN THIS ARTICLE
Washington
South Atlantic
Francis Pym
Alexander M. Haig Jr
Falklands
Pym
London
Haig
William Clark
Reagan
Argentina
Royal Navy
Leopoldo Galtieri
Council Split Over County Reorganization Plan
Four Aiken County Council members opposed to County Administrator W Scott Barnes reorganization released a minority report charging a council within a council and unequal access to information. They asserted plans cost money, restored eliminated positions, and reduced public cooperation, signaling strained relations ahead of further talks.
MENTIONED IN THIS ARTICLE
Aiken County
Carrol H. Warner
Ralph Cullinan
Mim Woodring
Homer McGee
W. Scott Barnes
Barnes
Warner
Veterans Affairs Office
Planning Commission
Woodring
Gas Glut Triggers Record Gasoline Price Drop in Recession
The March consumer price index shows a 3.3 percent annual decline, the steepest since 1953, led by a 4 percent fall in gasoline. Fuel oil also slid, while housing costs eased 0.3 percent and food and beverage prices dipped 0.3 percent as the recession cools inflation. Social Security checks may rise about 27 dollars in July based on the index.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Also Mentioned on This Page
Meadowbrook
Meadowbrooks
Whitney Field
Miami, Fla
Graniteville Company
Falkland
Coca
Tay i Poon
Ray Tee
Cullinan
Council
Carrol Warner
Scott Barnes
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