18 Aug 1982
Page 1
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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Aug 18, 1982
Page
1
Declining rates spark a historic 38.81 point Dow jump to 831.24 and a record 105.67 million shares traded as bond yields fall toward 8 percent. Economists warn the drop may ease borrowing costs but growth prospects remain uncertain amid a weak economy and high deficits.
Belvedere officials faced a crowded Aiken County Council chamber over two items the possible sale of the Belvedere Water System and the Belvedere Fire District extension. They debated a borrowing ordinance for up to 100 000 tied to this year taxes while water district plans to pursue ownership of the system now held by North Augusta.
A government health probe into alleged polycythemia vera cases near the Savannah River Plant finds some reported cases may be due to other conditions such as heavy smoking. Dr. Richard Parker says diagnostic reviews vary in quality and the study will continue to determine any true link to the plant while avoiding public alarm. The review, conducted by South Carolina health officials and the CDC, aims for a thorough epidemiological assessment over time.
Mayor D Kim Ledford announced no deal to bring a minor league team to North Augusta. The council approved a $7500 Wells Fargo grant for Riverview Park jogging and walking courses and extended Baird and Company’s audit contract for one year.
Community listings and notices highlight local events, comics, Dear Abby, obituaries, and sports wrap. Readers find calendar items, home and box office notes, and weather across sections 1C 5B 2A 4B.
Councilwoman Fay Hatcher refused comment at the County Council meeting saying she would stay on her side of the county. In unrelated remarks Ed Wisowaty noted the Goodyear blimp's Aiken to Bush Field stopover. Mike Wood of Kalmia Mall promoted more notice for the visit.
In Aiken County lawmakers denounce a planned SCE&G rate hike. Rep. Tom Huff calls a 7 p.m. citizens meeting at Belvedere Elementary to protest and discuss bills to curb future increases, inviting State Consumer Advocate Stephen Hamm. Rep. Irene Rudick supports halting bond funding for increases, while Rep. M Judson Busbee says the hike is unacceptable, noting effects on seniors and unemployed workers.
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