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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Nov 21, 1994
Page
3
Higher mortgage rates near 9 percent have cooled new home demand and prompted builders to cut back. Some economists see remodels as an alternative to buying, while builders warn rate rises can still curb renovations.
Mrs Brissey at 3444 Craft Lane places an Easter bunny and a Fourth of July Uncle Sam in her yard alongside Thanksgiving and Christmas figures. A leprechaun was made for St Patrick's Day last year in front of Nations Bank.
Senate hopeful Bob Dole tied his support for the GATT trade pact to a possible capital gains tax cut. In a TV interview he said he wants Treasury Secretary Lloyd Bentsen to indicate positions on capital gains in the next Congress before backing GATT. He cautioned a quid pro quo and noted ongoing negotiations on related telecom licensing language.
Local officials and corporate officers debate the Federal Reserve Open Market Committee’s unanimous rate increase. Joe Anderson of Southern Bell cites price brakes from competition and thriftier consumers, while Paul Campbell of Altimax argues the move hurts the economy and ignores the modern global economy.
The Greater Aiken Ministerial Association hosts the annual Community Thanksgiving service at St John’s United Methodist Church in downtown Aiken on Wednesday at 7 p m Speakers include The Rev Ken Nelson with a combined community choir directed by Lee Philbeck Nursery available All are invited to celebrate our nation’s abundant blessings. For info call 648 6891.
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