22 Feb 1983
Page 11
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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Feb 22, 1983
Page
11
The Aiken Owens Corning Fiberglas plant earned two 1982 corporate awards for quality and safety. Plant manager Robert A Hrubala credited employee cooperation for the achievements. The plant makes glass fiber yarns for industrial and decorative fabrics.
Assets of 300 money market mutual funds declined for the 11th straight week, dropping $2.6 billion in the week ended Wednesday. The total fell to $192.3 billion, the lowest since May 1982, according to the Investment Company Institute.
Bojangles of America Inc. sues Washington real estate businessman Ozzie Clay in U S District Court Charlotte alleging breach of a February 1980 letter of intent and failure to build eight stores in the Washington area. The suit seeks at least 305000 in royalties lost and bars interference with finding another franchisee. It also accuses Clay of underpaying fees and misrepresenting his net worth.
Mrs. Manfredi operates 1210 South a reservations only venue in a historic Aiken estate at 1210 Whiskey Rd S She plans to move upstairs to live there and convert parts into a bed and breakfast The property has a rich lineage dating to the 1870s with owners including J Henry and Amelia Busch Miss Celestine Eustis and the Taintors The Manfredis have added a magnolia camellia mural and will manage dining while hosting events for guests including their daughter Julie and other children.
Retired New York banker John Ellis outlines cautious investing in 1983 and 1984. He favors American Telephone IBM Integrated Resources Presidential Realty and long term high yield bonds. He warns oil price shocks could trigger inflation and wide economic disturbances. He also recommends South African or Canadian gold coins and strategic undeveloped land near fast growing southeastern cities.
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