Joye Cottage Sale Draws Crowd and Comments on Value
The Joye Cottage estate sale in Aiken drew buyers as plans for the five acre property and its furnishings unfolded. Cindy Baker bought a table, Terry Rouillard snagged two metal washstands, Raejean Winans chose an oak dresser, and many expressed satisfaction with pricing amid high inflation. Robert Lennon of Washington, D C praised the event and the Whitneys legacy while noting pieces like 1770 Chippendale chairs priced around 1000 dollars.
MENTIONED IN THIS ARTICLE
Cindy Baker
Aiken
Terry Rouillard
USC Aiken
Hilton Head Island
Raejean Winans
Pat Koelker
Lennon
Whitneys
New York
Houston
Joye
Todd Cole
Allison Wade
Atlanta
Doris Chesser
Eulalie Salley & Co
Pickens House Sold To Developer For Condominiums
Aiken developers buy Pickens House near Gregg and Richland Avenues from the Salley and Carr heirs. The 5,000 square foot home will be renovated into a clubhouse with a resident manager cottage and caretaker cottage. Five open condo areas will be built on former horse exercise lots while preserving trees and surrounding scenery.
MENTIONED IN THIS ARTICLE
Pickens House
Satcher Ford
Gregg and
Richland Avenues
Bolton
Hunt
Aiken
Julian B. Salley
Salley Rutledge Carr
Salley
Ms. Carr
Eulalie Rutledge
Salle
Supreme Court Rebukes The Nation In Ford Memoirs Case
The Supreme Court ruled 6 to 3 that The Nation illegally printed excerpts from former president Ford's memoirs before 1979 publication. Justice O Connor said the magazine exceeded reporting and exploited expressive elements, violating copyright law and awarding Harper and Row and The Reader's Digest $12500. The Nation argued news reporting protection, but the court rejected that claim.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Ford
The
Nation Magazine
Harper and Row
Reader’s Digest Association
Sandra Day O’connor
the Nation
Nation
Justice O’connor
IRS prioritizes refunds 1500 or more to curb interest
The IRS moves to expedite refunds of 1500 dollars or more as June 1 approaches, using manual processing for larger sums. Spokesman Wilson Fadely says smaller refunds won’t be delayed and notes the system’s prior computer glitches and regional delays, especially in Philadelphia. He warns penalties could reach millions.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
IRS
Wilson Fadely
Fadely
Penn
Federal
Treasury
Personal Income and Spending Rise in April Amid Shifts
Personal income rose 2.9 percent in April while spending shifted toward durable and nondurable goods. Durable goods buying jumped by 4 billion after a 4.3 billion drop in March. nondurable goods rose 7 billion after a 3 billion March decline. Wages and salaries climbed with private gains of 6.7 billion in April and government wages up 4.8 billion. Postal wage retroactive pay boosted government income, farm proprietors’ income increased 2.9 billion due to subsidies, and the saving rate jumped to 5.9 percent as consumer spending reached 2.466 trillion annually in April.
MENTIONED IN THIS ARTICLE
Postal Service
Three Big Banks Cut Prime To 10 Percent
New York banks including Morgan Guaranty and Chemical Bank cut their prime rate to 10 percent, following Bankers Trust. Citibank and Chase Manhattan joined after the Federal Reserve cut its discount rate to 7.5 percent, the lowest in over six years, citing steady industrial output and strong dollar trends.
MENTIONED IN THIS ARTICLE
New York
Morgan Guaranty Trust Co
Chemical Bank
First National Bank of Chicago
Bankers Trust Co
Citibank
Chase Manhattan Bank
Federal Reserve Board
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