Major markets advance modestly amid uncertain outlook
U S stock indexes showed a cautious gain as Dow edged up but pared early strengths. Tech shares led, with Intel and Microsoft moving higher despite lingering antitrust and macro risks. Unemployment claims fell, yet overall markets stayed below prior highs amid mixed European and regional data.
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Intel
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Microsoft Ruse
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Old South Mountain Inn keeps fine dining tradition alive
New owner Chad Dorsey and his wife Lisa run the historic restaurant at 6132 Old National Pike across from Washington Monument State Park. Dorsey, executive chef since 1995, preserves the menu and ambiance while leveraging weddings and events for steady business. The inn features six rooms including Lover's Lane and the Civil War Room, with brunch honored locally for three years. Open Tue–Fri 5–9 pm, Sat 11:30 am–2:30 pm and 4–10 pm, Sun 10:30 am–2 pm brunch and 12–8 pm dinner. Reservations 301-371-5400.
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Old South Mountain Inn
Chad Dorsey
Mr Dorsey
Lisa
Mr. Dorsey
Dorsey
Dorseys
Mr. Dorsey Sail
Old National Pike
Washington Monument State Park
Washington County
Dahlgren
Sisters of Notre Dame
Charles and
Dorothea Reichmuth
Russell
Judy Schwartz
Soybean futures retreat as Midwest storm hits markets
Chicago market report shows soybeans dropping after a Midwest storm, with grains including corn and wheat also easing on weaker export prospects. September soybeans slide to around 4.94 and grain futures reflect mixed crop weather with cattle and hogs futures mixed.
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Chicago
Midwest
Chicago Board of Trade
Faranade
Sleep Inn Emmitsburg first in Maryland with new logo
The Sleep Inn & Suites at 501 Silo Hill Parkway in Emmitsburg debuts the Choice Hotels re imaging logo becoming Maryland's first Sleep Inn to adopt the new branding. Hess Hotel Group owner Pam Lytle Hess says the three story, 79 room property with indoor pool and meeting room will host a grand opening later this year. Rebecca Costello, general manager, notes strong demand from Gettysburg battlefield visitors and area sightseeing. The hotel, owned and operated by Hess Hotel Group of Edgewood, offers handicapped and non smoking rooms along with a 50 seat breakfast area and a 30 person meeting room. For more information call 301 447 0044.
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Emmitsburg
U.S. 15
Silo Hill Parkway
Maryland
Choice Hotels
Rebecca Costello
Manger
Gettysburg Battlefield
Sleep Inn & Suites
Pam Lytle- Hess
Hess Hotel Group of
Edgewood
NARPM Chapter to Host National President Aug 7
The Maryland Suburban Chapter of NARPM invites all residential property managers to a talk by Melissa Prandi at Tauraso's in Frederick on August 7. G. Thomas, MPM, hosts the event with details by Cindy Van Mater. Prandi brings 20 years of multifamily experience and leads Pranell Property Management in San Rafael. Lockheed Martin declares 11 cent quarterly dividend payable Sept 28 to record holders.
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Maryland
National Association of Residential Property Managers
G. Thomas
MPM
Melissa Prandi
Tauraso’s Ristorante & Trattoria
East St
Everedy Square
Frederick
Costic
Cindy van Mater
Ms. Prandi
Pranell Property Management
San Raphael
Lockheed Martin
Treasury forecast to borrow as rebates cut tax receipts
The Treasury may borrow about 51 billion in the current quarter due to tax rebate checks and weaker tax payments. Congress debate and rising outlays tied to Bush tax cuts influence borrowing needs, while the budget office flags a shrinking surplus and slower growth projections. Priceline.com reports a small quarterly profit despite Internet sector turmoil, earning 1 cent per share on a 117 million ex items basis.
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Washington
Treasury Department
Ater
Erowine
Treasury
Congress
Bush
Haemee Crane
Corporal Naseer Fase Llee
Congressional Budget Office
Mitchell Daniels
Federal Reserve
Sai Karen Hendershot
Office of Macroeconomic Analysis
Priceline.com
Pricebine
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