19 Dec 1969
Page 1
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 19, 1969
Page
1
The column collects reader queries on military eligibility, Congress salaries, rainfall comparisons for High Point, and a Christmas Parade car mystery. It notes no-cricket trade secrets and hints at revealing none of the tricks, while praising audience curiosity.
Congress pressed ahead on a health and welfare supplemental bill amid presidential veto warnings. The134-21.4 billion package faced two controversial items as lawmakers struggled to finish by year end.
Senate House tax reform talks near completion as conferees agree on a $750 personal exemption starting 1972 plus a $1,000 low income allowance and 15 percent standard deduction. The accord also backs a 15 percent Social Security increase but rejects a $10 minimum monthly payment.
A report notes a 2.8 percent rise in liability auto insurance premiums, approved rather than the requested 5.3 percent. The increase, effective January 28, will raise annual costs by about two dollars per insured automobile, impacting policyholders and insurers.
Neighbors call the abandoned Milwaukee North barracks squatters as 16 families with 89 children move in. They secure a lease from the city commission at about 45 dollars per unit while the Army allows stay through April. Most men work, few rely on welfare, and residents source water and power themselves. The group seeks more affordable housing and to renegotiate after April.
Washington report shows costs for food clothing housing and other essentials rose five tenths of one percent in November. About 45 million workers faced pay declines from shorter hours amid anti inflation policies. Real earnings remained below year ago levels for the tenth straight month.
The Justice Department opened an antitrust probe to determine if U S real estate boards conspired to fix commission rates on property sales and whether recent increases violate the Sherman Act. Prince George's County Md stands as the first real estate antitrust suit, with officials noting inflationary effects on home buyers.
The government said the Prince George's Multiple Listing Service enabled a fixed commission rate, eliminating price competition. The suit sought an injunction against the rate setting by the war estate board. Real estate sales through the service topped $39 million last year, and a recent recommendation raised commissions from 5 to 6 percent, costing a $25,000 home purchase an extra $250 in commissions.
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