Giant and Safeway raise warehouse prices amid losses
Giant Food and Safeway are boosting prices on warehouse priced items after losses in the April warehouse price war. Giant reports a 3.5 million pre tax loss for the quarter ending Aug 15, with profits down 94.7 percent in the first quarter, while Safeway begins raising prices on bread milk and its ice cream.
MENTIONED IN THIS ARTICLE
Washington
Giant Food, Inc
Baltimore- Washington
Giant
Odonna Mathews
Ms. Mathews
Landover
Moore
Grant
Mathews
Safeway
Department of Labor
Food Employers Labor Relations Association
United Food and Commercial Workers Local 400
Roger Olsen
FELRA
Tom McNutt
Tly
McNutt
Inflation Outlook Holds Despite July Price Spike
Washington AP By July the inflation picture remained mixed as consumer prices rose 1.2 percent in July, pushing the annual rate toward 15 percent if sustained. Housing costs led the surge with a 1.8 percent jump, while mortgage rates and overall housing costs rose sharply. Economists note the spike is temporary, with core inflation holding to a single digit overall in 1981. Buying power for a typical worker with three dependents fell 0.8 percent in July.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Commie
Jerry L. Jordan
Council of Economic Advisers
Jordan
Labor Department
Bureau of Labor Statistics
Seminar on Financial Management by SBA SCORE and Chamber
A one day workshop on Financial Management co hosted by the US Small Business Administration SCORE and the Chamber of Commerce of Frederick County. It runs from 8 30 a m to 4 p m on Thursday September 3 at the Sheraton Jan Francis Scott Key Mall Route 85 Frederick with a 6 registration fee and pre registration required.
MENTIONED IN THIS ARTICLE
Small Business Administration
Service Corps of Retired Executives
SCORE
Chamber of Commerce
Frederick County
Sheraton
Francis Scott Key Mail
Route 85
Frederick
SBA
ZIP Plus 4 Codes Begin Distribution to Frederick Firms
Frederick businesses and post office box holders receive nine digit ZIP Plus 4 numbers from the U.S. Postal Service in a voluntary rollout. Postmaster John Young says the goal is improved mail accuracy and cost stability through OCR sorting at major offices like Baltimore and Washington. Local firms including Eastalco Routahn's and R.W. Boyer Insurance plan to adopt where practical, awaiting supplier responses and realizing gradual benefits.
MENTIONED IN THIS ARTICLE
Frederick
U.S. Postal Service
John Young
Postal Service
Alan Scheib
Eastalco
Eastakco
Scheib
Baltimore
Washington
Young
Issober Ngstreyer
Eventuead
Larry Barnes
Routtahn’s
Havaia
Ralph
Howard Boyer
R.W. Boyer Insurance Agency
H.B. Duvall
Area Stocks Urges Zip Code Update for Mail Delays
A local note requests sending stocks to area insurance firms with a new zip code, citing mail delays and offering to assist in improving delivery times amid current postal issues. The message stresses using the updated code for certain transactions and expresses willingness to help.
Dow dips below 900 in first time over a year
The Dow Jones avg closed under 900 at 899.26 its lowest finish since last July as the market slid 2.57 amid budget deficit worries and rate outlook. Pan American World Airways led active trading, while Merck rose modestly and Datapoint fell despite higher earnings. The Dow, S&P, and NASDAQ posted mixed moves on light volume.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Dow
Treasury
Pan American World Airways
Exxon
Standard Oil
Indiana
Superior Oil
Genrad Inc
Electronic Instruments and Systems
Datapoint
Merck
Exchange
Standard & Poor
SEP
American Stock Exchange
Also Mentioned on This Page
Rex
Caral Smith
Ol Thurmont
Smith
Miss Smith
Baker Park
Dawn O'Leary
Rax Roast Beef
Mise Santh
Ross Hoss
Tony Casadante
Frederick Post
Digital Systems Corporation
Digital Us
Minneapolis
ED Waters JR
Business
the News
Frederick, Md
IBM
Remington Single Element
Hermes
Olivetti
SCM
Ene
Rogers Office Supply
Market St. Frederick
Stansbury
Whitesides
Joy Pittman
News-Post
Dow Jones Inclusies
Balttge
Bac
Gen Motors
Harris
Emart
Mercantile
Mobil
Nod Phil
Penney
Plantin
Potom
Sears
Texaco
Warner L
Woolworth
Notra
Baker Watts & Co
Laurel
CALL
Price Distillery
Clarksburg
Finangal
Edward N. Huebner
Caleniias
Taipayer
Bharean Enamel Ed Loess Tex of
Sornes
ALRS
Buchanan & Company Cortied Pebtac
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