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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

Aug 06, 1982

Page

5

Market slips as Dow dips below 800 in broad retreat

The Dow Jones Industrial Average falls 7.61 to 795.85 as retailing and drug shares lead losses, while overall volume rises slightly to 53.44 million on the NYSE. Broader indicators hit new lows amid cautious mood and hopes for a recovery fade, with Nasdaq down to 165.15 and S&P indices lower across the board. Major decliners include J C Penney Federated Merck Eli Lilly Pfizer and Kmart as traders weigh recession prospects and rate moves.

New York Dow Jones New York Stock Exchange Dow Wadnassay J.C. Penney Federated Department Stores Kmart F.W. Woolworth Eli Lilly Merck Pfizer NYSE S&p CSK Corp Clorox Cotany Exxon BK Fairchild Ind Gulf Oilms Sh Kmart Litton K Marriott Corpist MD Nail Cp Mercantile Bakshi Mobil Sears Safewy Standex Tandy Texaco USFG Warner L Wash Gs Whittak Woolworth Baker Watts & Co Frederick

Grimshaw CPA Opens New Office at 43 W Patrick St

Christopher K. Grimshaw CPA unveiled Mis Ollies Lo a Hew Site at 43 W Patrick St with four staff in remodeled offices. The firm offers tax prep payroll service bookkeeping and advisory services with both computer and manual methods and plans financial statements. Mayor Ronald N. Young attended the opening tour on Thursday.

Christopher K. Grimshaw CPA W. Patrick St Frederick Peyroll Mis Ollies Grimshaw

NRC allows Clinch River breeder reactor construction

The Nuclear Regulatory Commission voted 3-1 to waive licensing rules and permit start of construction on the Clinch River Breeder Reactor in Oak Ridge Tennessee. Opponents from NRDC and Sierra Club plan court challenges while supporters led by Senate Leader Howard Baker push forward amid prior delays and $2.2 billion already spent.

Washington Nuclear Regulatory Commission Clinch River Shelby Brewer Wunces Pam Natural Resources Defense Council The Sierra Club Senate Howard Baker Tennessee Oak Ridge Tenn Congress Carter James Davidson National Taxpayers Union

Auto industry faces two year low in July production

Automotive News reports July U.S. car output at 455,558 vehicles, down 12.1 percent from July last year, the lowest since July 1960. Truck production rose to 161,912, the best month since July 1879, while hourly autoworkers on indefinite layoff rose to 213,921 across five major automakers.

Detroit U.S Industry Trade Journal Automotive News Trade Journal Chrysler Corp Ford Motor Co Peoples Drug Stores Inc NYSE Peoples Edison N.J Wayne Mich Louisville Ford Chicago Atlanta Lorain Ohio San Jose Calif Chrysler American Motors Corp Volkswagen of America Inc FAA Westmoreland South Charleston W. Va Dateenalive News

Also Mentioned on This Page

Pennsylvania State Universit Giliiview eGuci Speaacs Maryland Florida Christine Grimshaw Donis Lake Barbara Keeney Ronald N. Young Ed Waters Jr Bank OF Harpers Ferry West Virginia FDIC Federal Reserve North Market Ligon & Ligen Capt. Co Pascoraby Third Street Photomakers Jr General Motors Corp Baltimore Japan Mount Fuji Patrick Freetenck Sao Se Michael Whittaker Angeles Realty Corp Sheraton Inn Francis Scott Key Mall Dukes Legg Mason — Inc, Mackhorse West Patrick Street Frederick, Maryland Hes Tetany
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