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Aiken Standard in Aiken, South Carolina

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Aug 02, 1972

Page

8

Energy Crisis Undermines Foreign Trade Imbalance

New York AP reports a growing energy crisis undermining the U.S. effort to fix its foreign trade gap. Analysts warn imports of foreign oil and rising energy costs could push the deficit to 25 billion dollars by 1985, threatening the dollar and global markets.

New York United States Tion McLean Continental Oil Co National Petroleum Council U.S Japan

Unemployed In State Are Now Back At Work

Statewide unemployment rolls eased as 790 South Carolinians returned to work. In Aiken County insured unemployed rose by 23 to 371, 1.6 percent of insured workers, better than last year. State totals show 12,443 on unemployment insurance, two percent of insured workers, with rehiring in textiles and apparel driving the drop.

Aiken County State Employment Security Commission

Associations Mortgage Loans Reach Record High in June

Washington AP report shows insured savings and loan associations closed $5.3 billion in mortgage loans in June, up 26 percent from June 1971 and 18 percent from May. Forward mortgage investment commitments totaled $4.3 billion, up 22 percent from June 1971 but 5 percent below May. Seasonal factors cited for the May to June rise in loans and fall in commitments.

Washington Savings and Loan Associations Preston Martin Federal Home Loan Bank Board

City Council weighs tax deductibility for fees

North Augusta council, in a 30 minute session, gave first and second readings to a study on making garbage sewerage and possibly water fees tax deductible. The panel also okayed highway department plans to remove parking along a stretch to improve four lane through traffic and scheduled a final reading on a delinquent vehicle ordinance for Sept 5. A mid summer chess tournament was announced for August 12 at the recreation center.

North Augusta State Highway Department Carolina Avenue Summerhill Road Raymond Walters Highway Department Walter Newman Newman William J. Mottel Kelly Zier North Mottel Walters North Augusta Recreation Center

Revival Planned at Graniteville Church of God

The Graniteville Church of God will hold revival services today through Sunday with Rev. C L Edwards as visiting minister. Services begin at 7 30 p m each evening.

Graniteville Church of God C.L. Edwards

Mathis Attends Soil Meeting in Miami

D T Mathis chairman of the Aiken Soil and Water Conservation District attended the Southeastern Area Meeting of the National Association of Conservation Districts in Miami Florida.

D.T. Mathis Aiken

Court Rules Belks Must Pay Eight Million Tax

South Carolina Supreme Court rules Belk Department Stores owe 8 million in taxes after a 1970 dispute. The court said depreciation deductions require reduced posted prices, which it found did not occur. Merchandise was offered for sale at about 35 percent above cost.

Columbia South Carolina Supreme Court Belk Department Stores Belk High Court

Also Mentioned on This Page

John McLean American Chamber of Commerce London Edwin Edwards Louisiana Elaine Alan J. Ellender Houma George Hamilton S.C N.A Mathis Soil Meeting Belk’s Kirby Richland al Tele Sergio Leone White Hope” Academy All True James Earl Jones Homer Weems Slim Four Eyes Weedy Jim Fats Hardy Steve Charlie Schwartz Mark Rydell Edwards Zenith
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