New radio show to debut with tax tips, antiques appraisals
LYNNWOOD — KSER’s "Getting Your Dough to Rise," with host Chuck Noel, airs today from 4:30 to 5 p.m.
Court Carter, president of the local chapter of the Washington Society of CPAs, will discuss recent tax changes and year-end tax tips. Mike Pattison of the Snohomish-Island Counties Association of Realtors will talk about residential real estate and mortgages. They will take calls at 425-742-4541.
Don Jenson, an Edmonds appraiser featured on the Antiques Road Show, will give estimates on collectibles for listeners who call or visit the studio at 14920 Highway 99, Ste. 150, during the show.
T-bills drop: Interest rates on short-term Treasury bills fell Monday. Three-month bills sold at a discount rate of 6.160 percent, down from 6.175 percent last week. The six-month rate of 6.045 percent was down from 6.050 percent last week. The new rates understate the actual return to investors — 6.344 percent for three-month and 6.322 percent for six-month bills. In a separate report, the Federal Reserve said the average yield for one-year Treasury bills, the most popular index for making changes in adjustable rate mortgages, was unchanged at 6.09 percent.
Monday’s prices: Gold sold for $268.15 a troy ounce, silver for $4.69 and platinum for $595.50.
New GE leader named: General Electric Co. anointed 44-year-old company man Jeffrey Immelt on Monday as successor to one of the business world’s most fabled CEO’s, Jack Welch, who will step down at the end of 2001.
Escape sales halted: Ford Motor Co. told its dealers for the fifth time in about a year to stop selling its new Escape sport utility vehicles while they’re checked for safety-related problems, this time for windshield wiper link ball sockets.