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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Aug 14, 1992
Page
10
Area markets show fluctuating activity with focus on local interests. Trade volume listed as 1487 shares with figures from New York exchanges and sector notes on industrials and utilities.
The market closed lower after early gains as declines led the Dow Jones to finish down 736 at 3413.27. NYSE volume reached 187.9 million shares, with decliners outpacing advancers about 8 to 7. indexes including the S&P 500 and Nasdaq also slipped amid a flat to negative session.
Washington AP reports major car companies have agreed to stop misleading ads and to clearly state additional charges at rental counters. The Federal Trade Commission says the settlements require transparent disclosure of costs and fees to prevent surprise charges for customers at the rental counter.
Pomondon Enterprises announces a grand re opening of the Ron Rogers tour site at 193 Souder Road. The restaurant has been remodeled to reflect railroad heritage with artwork by James Pearl of the Brunswick Round House and will showcase more pieces Friday. Registration for prizes includes a color TV, Roy Rogers framed photo, and fried chicken packs while daily specials run through the week. The eatery opens for breakfast at 6am Monday to Saturday and 7am Sunday, with hours listed as 1pm close on Sundays and varied weekday hours. For more information call 834 8022.
The report shows consumer spending weak and inflation elevated while the economy remains in a slow growth phase. Economists caution that unemployment may linger near current levels through the election as the Federal Reserve may cut rates again amid weak stats.
Mary Ellen and Bull Bell have again taken over operation of the Antietam Inn at Frederick Shopping Center off West Seventh Street. They run a family friendly restaurant known for home cooked meals from steaks to seafood with daily luncheon specials. The inn offers carryout, cocktails, free parking, and a children’s menu with hours 11 am to 8 pm Monday through Thursday and 11 am to 9 pm Friday and Saturday.
Grain futures on the Chicago Board of Trade show mixed activity with wheat soybeans and corn quoted across the board. Prices move with fractional gains and losses as traders digest market signals and demand outlooks.
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