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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Feb 15, 1983
Page
8
Aiken County banks join national efforts to repeal the 1982 Tax Equity law that withholds 10 percent of interest and dividend income starting July 1. They warn losses in reinvestment, higher costs, and limited savers exemptions, while the government gains funds for up to a year.
FMC reports an 82 percent fourth quarter rise in defense equipment sales with profits up similarly. The Aiken plant supplies Bradley Fighting Vehicle parts and naval ordnance systems, contributing to a backlog of 2.2 billion dollars. Full year 1982 defense sales reached 1.018 billion, up from 582 million in 1981.
A two day course in effective customer relations will be held March 8 and May 10. The workshop targets personnel with direct public contact and fees are due in the Continuing Education office one week before each session. News tips may be sent to Cathy Hughes at Aiken Standard Box 456 Aiken 29801-0456.
IMF gains authority to expand its emergency lending facility by 47.5 percent to assist debtor nations and prevent defaults. Finance ministers worldwide approved the increase in a compromise between the United States and other major economies.
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