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The Greenville News from Greenville, South Carolina • Page 6
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The Greenville News from Greenville, South Carolina • Page 6

Location:
Greenville, South Carolina
Issue Date:
Page:
6
Extracted Article Text (OCR)

6 ffltt Xcuib Wednesday, August 22, 1973 Lawmakers Will Be Asked To Boost Real Estate Loans Interest Ceiling Trucking Strike Spreads; Mm Local Terminal Tied Up News An official at the Bowman Transportation Inc. truck lines on 1-85 Tuesday afternoon con- iirmea tnat 14 local employes and many drivers and terminal personnel throughout the system "The cost of our money has gone up and put a cramp in the availability of mortgage money," he said. PROPERTY OWNERS ASSOCIATION A meeting of the Greenville County Property Owners Association is scheduled for 8 p.m. Thursday at Carolina Federal Savings Loan, 500 E. Wash- ington St.

Guy Poore, association president, said all directors and members are urged to attend the session. COLUMBIA (UPI) A state Savings and Loan Association official said Tuesday the General Assembly will be asked for an increase to 10 per cent on the interest ceiling for real estate loans. E. A. Hall the association's Fifth Circuit legislative chairman and president of Security Federal Savings and Loan Association here, said the request will be made either next year or during a planned special session of the legislature this fall.

South Carolina law now permits interest on first mortgage real estate loans to eight per cent, but the Federal Home Loan Bank, a government agency, is charging savings and loan institutions nine per cent. "It's impossible for us to borrow at nine and turn around and lend it at eight," said Hall, adding that conventional loans are almost impossible now for South Carolina home buyers. Hall said a recent federal increase in the amount of interest permitted for savings accounts has further reduced the amount of money available for loans. personnel are all working at present. "It looks like that's more for their (the union's) benefit than ours.

We don't want to jeoparadize the line's position with our customers," he said, adding that companies which call in for service are being offered assistance in re-routing goods to be transported until such time as the strike against Bowman can be ended. The official said that almost all trucks have been unloaded that ran prior to the strike deadline, and that no pick-ups are being made at present. He said that both unionized drivers and terminal personnel in the area are being regulated out of Atlanta, the transportation company's executive headquarters. He said Bowman has been unionized for six years. are now on strike.

Pickets were at the local terminal Tuesday, he said. The official said Local Union 1.3600 of the U. S. Steel Workers of Leesville, who worked on the Twin City News of Batesburg; and George Winthrop Morris Jr. of North Augusta, who worked on the North Augusta Star.

Both will enter the USC College of Journalism next fall. The scholarship selections were announced by Frank Mun-dy, president of the Index-Journal of Greenwood, and president of the S.C. Press Assn. Journalism Foundation, donor of the awards. of America.

AFL-CIO. is on strike In the 17 eastern, mid- western and southern states in which Bowman operates. "It's not a complete deadlock. borne persons are wanting to work and are working," he SPARTANBURG Ap-proximatly 1,100 students will register at Spartanburg Junior College during the week of Aug. 26 to begin the 1973-74 year.

Freshmen students will begin moving into their dorms Aug. 26 and will meet at the gymnasium at 7 p.m. for a talk by the dean of students, David A. Clyburn. Classes will begin Sept.

1. EVENING CLASSES COLUMBIA Columbia College will again offer evening classes for the 1973 fall semester, Sept. 7 through Dec. 18. Being taught on Monday Nights from 6:30 to 9 are three courses oriented around politics, religion, and sociology.

Art, History, and Psychology are the areas being taught on Tuesday Nights from 6:30 to 9. Newberry College Presents Degrees said. CONGRESS ON He said that the union has rejected the company's offer of Edward Graduates fBevrly Duncan; NEWBERRY terms tor a new three-year con Peggy R. Perry, tract. The last contract receiving degrees at Newberry Newberry; Frank Tony Saccomen Hubbard, Ohio; Kenneth Dean Sigler, Clearwater, Fla.

James Montgomery Smith III, Newber terminated Aug. 7 but was ex College Friday include the BIBLE PROPHECY SPEAKER DR. ART WILSON tended to Aug. 20 while union ry; Belinda Bickley Snow, Newberry; Linda Jane Utsey, Orangeburg; Randy following: Thomai W. Bennett, Newberry; Nicholas R.

Berg. Washington. DC- walker wens, loiumoia. and company officials attempted to reach agreement, he said. "We hope to have it resolved Robert W.

Brown, Decatur, Mary W. Bryant, Darlington: Patricia D. Cochran, Greenville; Walter B. Cranford, Sharon; carol p. Firmer, Newberry; William Randolph Garrett, Pickens; shortly but we can't tell.

It might be tomorrow or next week," he said. He said office Hospital Admits Victim Of Fall The victim of a fall was the Wofford Awarded $386,167 Grant SPARTANBURG (UPI) The National Endowment for the Humanities hasawarded a grant to Wofford College to enable the school to implement a revised and expanded humanities program this fall. Officials said the grant will upgrade the fine arts program at Wofford as well as provide additional basic humanities courses and provide expanded Asian, African and Latin American studies. Wofford ia the only college in South Carolina to receive such a grant. AUGUST 1 9-24 7:30 P.M.

NIGHTLY Come Hear What The Bible Says About The Future Kathy Ann Greene, Spartanburg; John Bernard Halloran Columbia; Victoria Kay Hoff, Godfrey, Joyt Evans Hutto, Batesburg. Emily Jackson, Columbia; Robert Henry Kemp, Bamberg; Carol Ann King, Whitmlre; Charles Bruce Lancaster, Slmpsonvllle; Brenda Faye LeaveU, DR. ART WILSON "Nursery Provided" only accident injury admitted to Greenville General Hospital, Newoerry; Kooerr a. Lemasrer, bum-merville; Fredda Sue Lowe, Honea Path; Tuesday, a hospital representative said. Fellowship Baptist Church RAYMOND CROCKER, PASTOR IKES ROAD (Next to Northwood Elem.

School) TAYLORS, S.C. Connie Mae Jordan, 70, of SCHOLARSHIPS COLUMBIA-Two high school seniors who have worked part time on weekly newspapers have been given $500 scholarships to attend the University of South Carolina next fall. They are Elizabeth Ann Addy Rt. 4, Mullinax Drive, Greer, was liked in fair condition after injuring her shoulder and jaw S.C. Jail Escapee Arrested in a fall.

132-703- An SCOTTSDALE (AP)-An al EQUIPMENT OUFPU6 leged two-time escapee from the Richland County Jail in Columbia, S.C., has been arrested here on a burglary charge, police said Tuesday. Officers said Joseph Pius 1 I I I. sr Lm INSTRUCTION FOG. Rallo, 31, was arrested after he was found hiding in the attic of a local residence. Police were II i I i i i i i i i ii i i ii i i OINE called to the scene after a bur glar alarm sounded.

Rallo allegedly escaped from rMAKiNB Richland County authorities in April, police said, and had been serving a sentence for burglary at the time. Dorn Will Tour Warehouses MULLJNS (UP!) Ren. Wil. I famous Wines liam Brvan Dorn. D-S.

C. is slated to tour tobacco warehouses in the Mullins area Wednesday morning. for any occasion Dorn, who represents the state's third congressional district, is also to be the guest of honor at a luncheon following Bol LAURENS RJ nis tour. IT'S HERE! OUR ANNUAL SIDEWALK WITH VALUES SO BIG WE HAD TO MOVE OUTDOORS! SAVE ON FAMOUS BRAND NAMES! -Ii I imThiiii ii- iln 7 rri if Trn to I'J ki 1 ii j- I ylvania rft i NOW ONLY llir iq' QUADRASONIC AMFM MULTIPLEX 4CHANNEL RECEIVER 179 BIG, BEAUTIFUL STEREOPHONIC CONSOLE WITH 8-TRACK TAPE PLAYER PHONO. Concert hall quality! Walnut finished woods.

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