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News in Frederick, Maryland

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Apr 26, 1988

Page

7

Maryland to keep property tax rate steady at 21 cents

The Board of Public Works will set next year’s tax rate at 21 cents per $100 of assessed value for the eighth straight year, on a recommendation citing declining state debt from a high of 2.4 billion in 1983 to 2.09 billion today. The report notes the debt decline supports a hold on the levy. Maryland HMOs posted losses again, totaling 12.55 million in 1987, with major carriers Kaiser Permanente Lincoln National Aetna and Cigna among owners. The stock market saw gains as Dow rose 22.21 to 2037.30 amid positive economic outlooks, with broad advances and solid indices across NYSE NASDAQ and AMEX.

Annapolis Board of Public Works Commission Baltimore Maryland Department of Licensing and Regulation Kaiser Permanente, Lincoln National Aetna Cigna NEW York NYSE Wilshire Associates Standard & Poor S&p

Futures and grain quotes from Chicago Board of Trade

Chicago AP reports open high low and last prices for Wheat Oats and Soybeans May July Sep and Dec futures. Friday sales and open interest listed. Baker Watts provides over the counter quotes.

Chicago Chicago Board of Trade Fri Penton Seleuy Baker Watts & Co Frederick

Frederick Arts Center Foundation gains tax-exempt status

The Frederick Arts Center Foundation, a Frederick County nonprofit, received federal tax exempt status after a long, slow process. Executive director Charles Crum notes the designation enables grants and bulk postal rates, aiding fundraising for restoring the Mountain City Mill donated by the Delaplaine family and supporting the Delaplaine Arts Center.

Frederick Arts Center Foundation Frederick County Charles Crum Delaplaine Arts Center General Assembly Frederick Mountain City Delaplaine

Maryland AG may join insurers antitrust suit over crisis

Maryland Attorney General J. Joseph Curran may join eight states in an antitrust action accusing 31 insurers including Lloyds of London and Mercantile Bankshares affiliates of conspiring to create an insurance crisis. The suit targets municipalities and businesses denied coverage and charged high rates during 1984 to 1986. States already filing include New York Massachusetts Texas and California.

Baltimore Curran New York Massachusetts Texas California

Also Mentioned on This Page

Allg Pwr Koyoia Lap Wya-Luja Marriott MNC Fit Mercantile Bukshi Moore Corp Penney Plantin Sears Sovran Arts Foundation Crum Mr. Crum Mercantile Bankshares Corp Fredericktown Bank and Trust Co Mercantile Bankshares Poods Rialiat Ed Waters Jr Chevy Chaseiss Frederick Branch Patrick Street Hales FCC Joe Fair Frederick Community College Opossumtown Pike Frederick, Marylane SRA National Bank Region No Frederick County National Bank OF Ibfs ABE Equity Capital A. Patrick Linton Miles M. Circo Kenneth W. Rice Bernard LE Grove Directors
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