Business briefs highlight promotions and hires across firms
Bernard Appel named president of Radio Shack Division at Tandy Corp, with prior roles in marketing and merchandising. Other promotions include David Gayne to VP of support services, Robert Myers to VP and controller, and June Wolff to VP of Merchandising Support. Dr. Lon D. Woods joins Gettysburg practice. Edward J. Murzinski named EVP of Roiorex Co. in Maryland, and James Woolsey elected director of Fairchild Industries. Theodore R. Jackson appointed GM for real estate and industrial development at Chessie Railroad. Lee M. Seabolt named manager of trust investment. Flanigan Jr. promoted at Equitable Bank. Edwin F. Ball joins Greenhorne & O’Mara. Mary Hlavacek attends Mary Kay national seminar in Dallas. Mark W. Officer earns Silver Level Recognition at Watkins-Burdette Motor Co. in Frederick.
MENTIONED IN THIS ARTICLE
eBernard
Appel
Radio Shack
Tandy Corp
Boston University
U.S. Coast Guard
David Gayne
Robert DB. Myers
June Wolff
Merchndising Support
Lee M. Seabolt
Trust Investment Flanigan Jr
Equitable Bank
N.A
Baltimore
Mary Hlavacek
Frederick
Mary Kay Cosmetics
Dallas
Mary Kay
Dodge
Food costs push wholesale prices up in July
Wholesale prices rose 0.3 percent in July after a steady spring, as cheaper gasoline could not offset higher food costs. Speakes credited Reagan’s 198 campaign promises for steady growth without inflation, while private analysts saw inflationary pressures building despite a 2.9 percent annual rate for the first seven months.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Wosibos
Santa Barbara
Calif
White House
Larry Speakes
Speakes
Inflation outlook and wholesale prices steady through midyear
Edward Yardeni of Prudential Bache notes inflation remains outstanding yet likely to stay very low through year end and into the first half of next year. The Producer Price Index shows finished goods prices frozen in May and June after an April report revised to a 0.1 percent rise.
MENTIONED IN THIS ARTICLE
Edward Yardeni
Prudential Bache Securities Inc
Labor Department
Food and energy cost shifts in July 1984 report
The July 1984 Producer Price Index shows food costs rising, with vegetables up 15.1 percent and pork up 6.3 percent amid drought and harvest delays. Beef prices rose, fruit fell, and energy costs fell 3.1 percent while wholesale inflation remained subdued for the year.
MENTIONED IN THIS ARTICLE
Allen Sinai
Shearson Lehman-American Express
Growth drives new six story Quality Inn in Frederick
Frederick expands its hotel base as a six story fourteen million dollar Quality Inn opens, joining a 60 room Holiday Inn expansion and numerous motels. Managers credit central location near Washington and Baltimore, proximity to historic sites, a quiet town setting, and a growing economy for strong occupancy throughout summer and year round.
MENTIONED IN THIS ARTICLE
Frederick
Holiday Inn
Red Horse Motor Inn
Days Inn
Woull O
Washington
Baltimore
M. J. Spalding
D.C
Gettysburg
Harpers Ferry
Antietam
Wayne E. Richardson
Holiday Win
The
Historic Commission
James S. Bambrey
Sheraton Inn
Richardson
Rockville--Gaithersburg
Dontsae
Fantone
Bambrey
Rockville
Spalding
Fort Detrick
Department of Agriculture
Gaithersburg
Hahn plans major expansion of New Market offices
Hahn Transportation Co of New Market plans a major expansion of its Main Street offices. An architect drawing shows an addition and consolidation into a two story building, with possible demolition or relocation of the dispatch building. The board of zoning appeals must approve the plans, and officials say the project would add 2,400 square feet to an existing 14,000 square feet, expanding office space for 15 to 20 staff and improving parking.
MENTIONED IN THIS ARTICLE
Stephen Gunnulfsen
Damascus Mount
New Market
Towns Board of Zoning Appeals
Rebecca Windsor
Board of Appeals
Hahn
Virginia
Baltimore
Ning
Winder
Franklin M. Shaw
Hahns
Shaw
MTV stock opens below hoped price on first day
MTV Networks Inc stock began trading on Friday on the over the counter market at 15 dollars a share, short of its expected 16 to 18 dollar range. The move followed Turner Broadcasting’s report that it may start a rival rock video service.
MENTIONED IN THIS ARTICLE
New York
MTV Networks Inc
Rock Music
Nickelodeon
MTV
Turner Broadcasting System of
Atlanta
MTV Network
Securities and Exchange Commission
Market Down After Big Week Caused by Profit Taking
U S stocks closed mixed after a broad early advance faded as selling trimmed gains. Dow fell 5.96 to 1218.09, weekly gain trimmed to 16 points, volume 176.62 million on the NYSE with advances outnumbering declines about 2 to 1. S&P indices slipped while Nasdaq rose. MTV Networks sale details cited. Turner Broadcasting pace for a rock video service noted. MTV launched in 1981 now reaching 22 million homes after signed major label contracts.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor
S&p
American Stock Exchange
MTV Networks
Warner Amex Communications
Warner Communications Inc
American Express Co
Atlanta
Arthur Sando
Turner Broadcasting
Ted Turner
Lando
MTV
Solarex Lays Off 70 at Rockville Plant Amid Tax Credit Debate
Solarex Corp Rockville announced 70 layoffs tied to Congress failing to extend solar tax credits. The firm also operates a Frederick facility with an unused plant and a roof of photovoltaic cells. Spokeswoman Lori Loflin cited economics and credit uncertainty as factors while noting other options for Frederick. The company previously cut six workers in June and closed its Martinsburg W V plant. Solarex, a Standard Oil subsidiary, conducted solar research and photovoltaic cell manufacture.
MENTIONED IN THIS ARTICLE
Solarex Corp
Rockville
Lori Loflin
Guluegl Ab Iied Iricity
Congress
Frederick
Potomac Edison
Suiai
Ms. Loflin
Martinsburg
W.va
Standard Oil Co. of
Indiana
Solarex
Mount Airy plant votes on joining union
Sixty workers at Mount Airy Shirt Factory on Center Street voted Friday on joining the Amalgamated Clothing and Textile Workers Union. The vote occurred at several Rombro Brothers garment plants in Maryland. results were not available Friday and were to be released Monday morning. NLRB agents supervised ballots as Woody Biggs, a union organizer, pressed for representation in bargaining on wages benefits and insurance. Max Rombro could not be reached for comment.
MENTIONED IN THIS ARTICLE
Mount Airy Shirt
Center Street
Amalgamated Clothing and Textile Workers Union
Mount Airy
Maryland
Rombro Brothers
Baltimore
Natio Labor Relations Board
Woody Biggs
Rombro
Max Rombro
Delaware and Maryland
Powellvile
Salisbury
Wicomico County
Also Mentioned on This Page
Lon D. Woods
Joseph E. Tripi
Woods
University of California At Los Angeles
Ucla Medical School
Cleveland Clinic Foundation
Cleveland
Ohio
Eastlake North High Enknes
Mbada
Washington St
Edward J. Murzinski
Roiorex Co
Walkersville
CenterLine
Mark Controls Corp
Tulsa
Okl
George Washington University
U.S. Naval Academy
Annapolis
U.S. Navy
R. James Woolsey
Washington, D.C
Shea & Gardner
Fairchild Industries
Germantown
Woolsey
Geneva
Navy
Theodore R. Jackson
Chessie Railroad Systems
Jackson
Chessie
Virginia Polytechnic Institute
Edwin F. Ball
AIA
Greenhorne & O'Mara Inc
Greenbelt
Catholic University of America
Ball
Potomac Valley
American Institute of Architects
Maryland Society of Architects
Dow Jones
London
Ally Py
Avemco Corp
Balt GE
Ly Ory Fenn Clorox
Exxon Alla
Fairchild Ind
F&m Bancorp
Fst
MD Ene
Gen Motors
Tatsa Genex
GenStar
Ty Tbm
Kmart Ma
Litton
Lowes
Marriott Corp
MD Natl Cp
Mercantile
Murphy
Phil Dé
Tie Penney
Potom
Baker Watts & Co
the News
Derick
Midwest
Jonathan Flora
News-Post
MD. 144
Main Street
Windsor
Harris
Smariga and Associates Inc
Morgan Keller
New York Stock Exchange
Damascus Mount Airy
APPLE
Apple Ile
McIntosh
COLE
Custom Computing, Inc
Frederick Sr
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