Peso devaluation rate increased to boost tourism and competitiveness
Mexico raised the daily peso devaluation to 17 centavos from 13, aiming to lure tourists and make Mexican goods pricier abroad, while curbing dollar outflow. Officials say the move, the first since 1963, reflects a flexible gradual policy with a $4 billion reserve cushion and inflation around 5 to 8 percent this year.
MENTIONED IN THIS ARTICLE
Mexico City
U.S
Mexico
Treasury Department
Department
Wests
Miguel de In Madrid
Stock market slips further as trading remains dull
The Dow Jones industrial average fell 1.11 to 1170.49 amid slow trading and pressure from Union Carbide. The NYSE composite rose .27 to 93.74 while total NYSE activity reached 119.32 million shares. S and P indexes edged higher and NASDAQ gained .29 to 239.07. The Fed reported a larger than expected 2.2 billion dollar rise in the money supply for the week.
MENTIONED IN THIS ARTICLE
New York
Union Carbide
Federal Reserve
Standard & Poor
S&p
FTC study says lawyer ads may lower costs for consumers
FTC staff report shows legal service prices were lower in areas permitting lawyer advertising, with example gaps such as 128 dollars less for uncontested divorce and 44 dollars higher bankruptcy fees in restricted markets. The study analyzes 3,200 lawyers across 17 communities and suggests a model advertising code for states.
MENTIONED IN THIS ARTICLE
Washington
Federal Trade Commission
Commission
Tise
Supreme Court
The
Trade Commission
Baltimore
Birmingham
Als Andadad
FTC
Frederick business brief highlights December 7 1984
A compact business note from The News Frederick summarizes December 7, 1984 market chatter and local commerce updates. It cites small gains in regional stocks and mentions minor corporate activity affecting Frederick with nothing alarming or extraordinary reported.
US advances in industrial robot production lagging Japan
Production of industrial robots in the United States rose modestly this year, with American firms shipping 3,060 units valued around 1 million dollars in 1963 and selling 2,297 units worth 148 million in the first half of the year. Japan remains the leader with about 41,000 robots in use, while the US hosts about 9,400, Germany 4,900 and France 3,600.
MENTIONED IN THIS ARTICLE
Washington
United States
Japan
Robotic Industries Association
Walter K. Weisel
11S Junk Akers
West Germany
France
Alaska gas line consortium loses another member
Anchorage AP report notes Columbia Gas System Inc a Delaware based firm pulled out of the 14 company consortium to build a 4800 mile Alaska natural gas pipeline citing weak markets and financing This is the fourth withdrawal from the 25 billion Alaska Natural Gas Transportation System project Williams Cos emphasized that some partners exit is normal and defended the project as the best option while praising rising Canadian exports though these will ease in the early 1990s, leaving a need for replacement gas
MENTIONED IN THIS ARTICLE
Anchorage
Northwest Energy Co
Williams Cos
Alaska
Catalogs in Season of Unexpected Shopping
This piece surveys the Christmas catalog boom and its complications. It notes rising catalog volume, misdeliveries, and gifts sent to wrong recipients, alongside economic worries and consumer caution as the holiday season approaches.
MENTIONED IN THIS ARTICLE
Himes
Libir Ted
Teks
Theli Ught Gass Callab
Antique Auction at Fort Defiance Museum and Fort Town
Auctions Unlimited hosts an antique auction dismantling Fort Defiance Museum and Frontiertown items in Gettysburg PA. Saturday December 15 at 10 AM at the Horse and Buggy Barn on Business Route 15 North. Inspection 9 to 10. Cash VISA MD accepted. AU-000196-L.
MENTIONED IN THIS ARTICLE
Fort Defiance Museum & Frontiertown
Bus
Gettysburg
Visa
Also Mentioned on This Page
the News
Frederick, Md
Stihl
Seta Mtn
W. Patrick ST
Frederick Towne
Dow Jones
Lesdon
Avemco Corp
Uu Wee Bell
CSX Corp
Comsatry
Exxon
Fairchild
Unwigd
F&m Bancorp
Fedders
MD Bac
Gen Motors
Genex m
GenStar
Unwigd Bech
Hewl P Bu
IBM
Kmart MM
Litton
Lowes
Marriot Corp
MD Nati Cp
Mercantile Bokshi
Phil
Penney Piantra
Potom el
Ryan Homes
Safeway
Sears
Whittaka
Kiens
Baker Watts & Co
Frederick
Equitable Federal
Cee
Wat Payton Amun Ae
Scott Key Mall
Maryland
Frederick Community College
Stan
Frederick County National Bank
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