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Winchester Evening Star in Winchester, Virginia

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Newspaper

Winchester Evening Star

Location

Winchester, Virginia, United States of America

Date

Sep 19, 1979

Page

1

Energy tax credits cut taxes for homeowners and small business

Government energy tax credits offer reductions for storm windows solar water heating wind power and insulation. For a family of four earning 19400 these credits range from 300 on storm windows to 2200 on renewable heating with a 10 percent business credit and potential 20 year depreciation boosting savings before the April tax deadline.

Star Uncle Sam Steve Bauserman Winchester General Business Services Internal Revenue Service Bauserman

Nervous European gold market sees wide price swings

Dealers quoted a broad range around 375 an ounce as gold in London fixed at 376 for the morning, Zurich bids centered near 373, and Tokyo, Frankfurt, Amsterdam and London showing varied currency quotes. Demand grows with investors entering, prices up sharply from recent levels while futures rise to 382.

London Zurich Iday Tokyo Frankfurt Elas Baris Amsterdam United States Europe Japan Vincent Tese James Sinclair & Co New York Switzerland

Du Pont Plans New Plant in Warren County

FRONT ROYAL a Du Pont company will build a plant near the town for automotive finishes. The site is described as just north of Front Royal and the announcement was made this morning.

du Pont Warren Co Front Royal du Pont Company Frat Royal

Democrats press to reimpose heating oil price controls

House Democrats voted to reaffirm policy backing mandatory allocation controls for heating oil and diesel pricing as prices rise 60 percent since last winter to about 80 cents a gallon. The move signals pressure on President Carter to use authority to reimpose price controls amid a broader energy pact with Senate leaders.

Washington House Senate Senate Energy Committee Carter Democratic Caucus White House Gerald R. Ford Peter H. Kostmayer Dpa Kostmayer House-Senate

Federal Reserve Votes 11 Percent Discount Rate Amid Inflation Fight

The Fed's 4-3 decision to raise the discount rate from 10.5 percent signals split views on curbing inflation and risks to the dollar. Analysts warn higher rates raise borrowing costs, possibly stalling growth and worsening recession fears while the prime rate climbs toward 13 percent.

Washington Federal Reserve Board Lawrence Tee Ee Bear, Sheares and Co Jointy Treasury Paul Volker G. William Miller Carter Kudlow

Senate approves 3 percent real increase in 1980 defense budget

The Senate backed a 3 percent real growth in the 1980 defense budget on a 78 19 vote, with $3.2 billion extra for fiscal 1980 and a 5 percent above inflation hike planned for 1981 and 1982. Critics warn of higher deficits and less for social programs while President Carter supports the move for NATO and allied signals.

Washington Senate U.S Pentagon Sam Nunn D-Ga Capitol Hill Soviet Union Nunn Carter North Atlantic Treaty Organization

Home of Bill Baker Reveals Stephens City Past Relics

Read about a Stephens City home dating to the Civil War era and artifacts tied to Newtown. The feature appears in this week’s Star with related notes on area news and a Warren County extension service move to a new location.

Bill Baker Stephens City Newtown Warren Supervisors VPI Warren County

Also Mentioned on This Page

George M. Stoddart Congress IRS Conserty Exchange Santa Barbara County Santa Barbara Calif Demos Bennett Johnston D-La Henry Reuss D-Wis House B Inside Today Sneewatan Oseeek Harry Turner Area News
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