100 years ago
Aug. 21, 1919
• The Hot Springs Railway Company has secured blank forms from the Arkansas Corporation Commission with which to make an application for an increase in street car fares from 5 cents to 6 cents, it was said yesterday by T. E. Wood, commissioner. Representatives of the company have a petition signed by more than 1,200 residents of Hot Springs asking that the Corporation Commission grant the request. The corporation operates under a franchise granted by the city of Hot Springs, but the franchise does not stipulate the maximum fares to be charged.
50 years ago
Aug. 21, 1969
• A proposed increase in the rates for fire and extended coverage insurance in Arkansas has been disapproved, state Insurance Commissioner Allan W. Horne said Wednesday. The filing for the increase was made by the Arkansas Inspection and Rating Bureau on behalf of its members and subscriber companies and would have affected more than 75 per cent of the Arkansas companies writing fire and extended coverage ...insurance. Horne said the filing was disapproved because the statistical data submitted in support of it did not justify the proposed new rates.
25 years ago
Aug. 21, 1994
WASHINGTON -- The uncertain shape and scope of health-care reform legislation has left Arkansas' four House members undecided on which of several competing plans to support. The Senate continued negotiations on health-care reform into the weekend. On Friday, a bipartisan group of senators unveiled a plan aimed at breaking the deadlock. The bipartisan plan fell far short of President Clinton's goal of universal coverage. House members from Arkansas were unsure if Congress still has time to agree on a sweeping health-care bill this year. One concern is the bill's employer mandate, which would require businesses to pay up to 80 percent of their employees' health insurance costs. Clinton vowed to veto any bill that does not guarantee universal coverage by a certain date. But he later embraced [Sen. George] Mitchell's plan to cover 95 percent of the population by 2000.
10 years ago
Aug. 21, 2009
• Americans fell behind on their mortgage payments at a record pace in the second quarter, the Mortgage Bankers Association said Thursday. The share of loans with one or more payments overdue rose to a seasonally adjusted 9.24 percent of all mortgages, an all-time high, from 9.12 percent in the first quarter. The inventory of homes in foreclosure increased to 4.3 percent, the most in three decades of data, and loans overdue by at least 90 days, the point at which foreclosure proceedings typically begin, rose to 7.97 percent, the highest on record. Arkansas ranked 26th in delinquencies in the country, 44th in the percentage of total foreclosures and 41st in foreclosures started in the second quarter, the Mortgage Bankers Association said. The cause for increased delinquencies and for the foreclosures is Arkansas' growing unemployment rate, said Kathy Deck, director of the Center for Business and Economic Research at the University of Arkansas in Fayetteville.
Metro on 08/21/2019