Stock market swings after big Dow drop
New York AP reports a volatile start as the Dow rose 26 points then fell 75 before rebounding to 8508.68. Tuesday's 299.43 point plunge remains the second largest daily loss. 1.007 billion shares traded on NYSE. Analysts debate whether a correction or deeper slump is looming. The year to date Dow gain stood at 73 percent after sharply dropping 850 points over 12 sessions. Historical downturns include 1997 and 1987 crashes.
MENTIONED IN THIS ARTICLE
New York
Dow Industrials
World Financial Centers
Wall Street
Four school projects added to 10 year plan delays noted
Frederick County Public Schools released the Educational Facilities Master Plan outlining seven delayed projects and four new additions to the 10 year capital improvements plan. New and expanded facilities include a 2006 middle school near Urbana and a 2008 high school between Frederick and New Market, with several elementary additions delayed to 2003 and 2004.
MENTIONED IN THIS ARTICLE
Jack Dale
Urbana
Frederick
New Market
Emmitsburg
Valley
Raymond Barnes
Frederick County
Barnes
Central County High
Land purchase for new high school near final agreement
Douglas Tallman reports negotiations for 45 acres along Ballenger Creek Pike to build Central County High School. Officials cite a floating contract and pending signatures with completion expected in days. The school would open in September 2004 for 1,200 students, relieving crowding at Frederick and Gov. Thomas Johnson high schools.
MENTIONED IN THIS ARTICLE
Ballenger Creek Pike
Raymond Barnes
Frederick
Gov. Thomas Johnson
Ballenger Creek
Frederck County
Frederick High
Frederick CSR plant proposal sparks county development fears
Frederick County faces potential long term economic harm if CSR Hydro Conduit plant on Rosenstock Farm is scrapped. County EC Dev Exec Dir Brian Duncan cites protests and zoning fears, noting a setback could deter future business and open 200 acres of land unused. CSR plans a state of the art plant near Dade Florida style.
MENTIONED IN THIS ARTICLE
Frederick County
Frederick
Brian Duncan
County Economic and Community Development Commission
Duncan
Rosenstock Farm
Gas House Pike
CSR
Virginia
Cian
Steve Hoesing
Dade
Fla
Hoesing
Accountant from Waterside charged with embezzlement
Frank Robert Zari 35, an accountant for Waterside Community Association, was charged with a theft scheme totaling 10,469 dollars. Investigators say checks went missing from October 1995 to December 1996, with suspicion rising in January 1997. The case, a white collar crime, involves charges that could bring up to 15 years in prison.
MENTIONED IN THIS ARTICLE
Brunswick
Waterside Community Association
Frederick County
Frank Robert Zari
MD 26
Keith Bowerman
Zari
Bowerman
Community Association
Sherif
Association
Reunion marks Project Whitecoat link of church and Army
Volunteers from 1954 to 1973, about 2300 Seventh-day Adventists, aided Army medical research by taking experimental vaccines and exposure to diseases such as malaria. Next month a reunion will honor this partnership and allow USAMRIID researchers to study potential long term health effects on participants. Lt Col Philip Pittman says the follow up aims to ensure no untoward effects. Dr Pittman and Helen Miller-Scott lead another study on vaccinations and adverse health outcomes at Fort Detrick, with results expected next year.
MENTIONED IN THIS ARTICLE
Army Medical
Project Whitecoat
Army
Army Medical Institute of Infectious Diseases
Usamriid
Philip Pittman
Pittman
Helen Miller- Scott
Detrick
Col Pittman
City condemns home for filth in Frederick
Frederick city inspectors wearing air masks and protective clothing condemned a two bedroom house at 303 Catoctin Avenue after finding nearly five feet of trash, roaches, and fleas. Neighbors complained of a strong odor as code enforcement, health, and animal control officers executed search warrants. Homeowner Richard Murray Boyd faced the scene as crews knocked down the front door and navigated mounds of garbage two to five feet high.
MENTIONED IN THIS ARTICLE
Frederick City
Catoctin Avenue
Frederick
Michael Blank
Boyd
Frederick County considers signs ordinance constitutionality
Frederick County commissioners asked County Attorney John Mathias to review if the zoning ordinance restricting campaign signs is constitutional. The rule allows signs on private property no more than 45 days before the primary, forbids rights of way, and requires removal within 15 days after the general election. Violations are misdemeanors with a $500 fine and potential jail time. State’s Attorney Scott Rolle doubts legality.
MENTIONED IN THIS ARTICLE
Frederick County
John Mathias
Frederck County
Scott Rolle
Rolle
Traffic stop launches investigation into Maryland case
A routine traffic stop in Maryland led to a police inquiry after two Frederick troopers stopped a 28 year old Pennsylvania man speeding 82 in a 65 mph zone. He was wanted in Prince George's County and officers found a 9 mm handgun, a loaded magazine, paraphernalia, and 22.5 grams of marijuana in the white BMW.
MENTIONED IN THIS ARTICLE
Maryland
Frederick
Pennsylvania
Prince George’s County
Michael Brennan
Also Mentioned on This Page
Dow
By Skip Lawrence
Megan Huber
Billy Fidder
Katie Fidder
Himes Avenue
Brunswick Middle
Middletown
Freder
Douglas Tallman
News-Post
Waterside
Matthew Barakat
Index En
Fredenck News
Bill Green
Krista Brick
Away
Richard Murray
Mr Blank
Kate Leckie
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