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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Jul 12, 2004
Page
1
Government debt in South Carolina surged 94.9 percent from 1998 to 2002 reaching 10.1 billion, the second fastest national growth per the Census and AP analysis. Per capita debt rose 82 percent to 2465 dollars, with North Dakota posting the sole higher 96 percent gain.
Dennis Smith and more than 100 racers competed in the ORSCA Outlaw 10.5 at Carolina Dragway. The 1/8 mile event drew attendees from Mississippi to California with testing, qualifying, and finals. World records fell in EZ Street and Limited Street, and Lil Red Corvette set a track record at 3.99 seconds.
Medical College of Georgia researchers enroll about 5,000 children and relatives to study what triggers type 1 diabetes. They compare blood from Morgan Enlow and her cousin Kaitlyn Wheat to spot genetic differences and screen 40,000 newborns in Augusta, Atlanta, Athens, and Aiken for high risk genes.
Clemson Extension agent Tim Davis explains how fire ants respond to rain and heat by altering mound position to regulate moisture and temperature. The article traces their introduction to the United States via ballast soil from Argentina in 1918 and notes the spread of red and black fire ants to Alabama and the Carolinas by the mid 20th century.
Rates on 30 year and 15 year fixed mortgages decline for the third consecutive week signaling potential for refinancings or new home purchases. 2004 weekly mortgage rates releases.
Experts urge action as Freddie Mac reports three straight weekly drops to 6.01 percent for 30 year loans and 5.42 percent for 15 year loans. Analysts warn the decline is temporary with rates likely rising next year as investors boost confidence in the economy. The Mortgage Bankers Association notes a 19.5 percent weekly jump in applications for purchases and refinances.
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