R and B Hair Studio Opens in Frederick Corner
The R and B Hair Studio opens at Military Road and Rosemont Avenue in Frederick with hours 7 a.m. to 7 p.m. Tuesday to Saturday and by appointment Wednesday and Friday evenings Walk ins welcome. Kassie Fritz Roxie Stitely Virginia Waldron are shown with Suzanne Jenkins not pictured A grand opening with specials is set for Thursday December 10.
MENTIONED IN THIS ARTICLE
Military Road
Rosemont Avenue
Frederick
Kassie Fritz
Roxie Stitely
Virginia Waldron
Suzanne Jenkins
Stocks Continue Year End Rally In New York Markets
Stocks extended their year end rally with the Dow rising 18.65 to 3,307.33 while broader gauges hit new highs. Advancing issues outpaced declines about 9 to 5 and Big Board volume reached 220.14 million shares as signs of economic recovery and job growth in November buoyed sentiment. Bond traders weighed Clinton stimulus plans but long term Treasuries offered strong yields, around 7.45 percent.
MENTIONED IN THIS ARTICLE
NEW York
Dow
New York Stock Exchange
Wall Street
Labor Department
Clinton
Treasury
Icahn to surrender control as TWA gains financing plan
Carl Icahn will provide 200 million dollars of financing to Trans World Airlines and up to 200 million to its pension plans with additional guarantees to the Pension Benefit Guarantee Corp if plans end. He will relinquish control upon court approval, creditors own 55 percent and unions 45 percent after emergence from bankruptcy, with a spring 1993 target.
MENTIONED IN THIS ARTICLE
Washington
Trans World Airlines
Carl Icahn
TWA
Icahn
Pension Benefit Guarantee Corp
Robin H.H. Wilson
Lan
Mr. Wilson
Treasury bills ease to lowest since last month
U S Treasury short term yields slipped in Monday's auction with 3 month bills at 3.29 percent and 6 month bills at 3.37 percent. The Fed reported one year bill yields climbed to 3.82 percent. Chicago Board of Trade quotes for Wheat Soybeans and Oats appeared with mixed futures movement.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
Federal Reserve
Chicago
Chicago Board of Trade
15 Year Mortgage Tops Housing Market in 1992
Freddie Mac reports 15 year loans surged to 33 percent of 1992 purchases from 18 percent in 1991 as refinancings soared. The government chartered firm and Fannie Mae bought a record 190 billion in loans this year amid low rates, then expect a softer 1993.
MENTIONED IN THIS ARTICLE
Washington
Leland Brendsel
Federal Home Loan Mortgage Corp
Brendsel
Freddie Mac
Wall Street
Federal National Mortgage Association
Fannie Mae
Robert van Order
Credit card debt rises for second straight month
Washington AP reports October saw a 0.4 percent rise in consumer debt, the second consecutive increase in installment credit. Economists note rising consumer confidence ahead of holiday shopping, though risks of a stall persist. Revolving loans, including credit cards, climbed for a third straight month.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
David Wyss
DRI McGraw Hill
Lexington, Mass
Wyss
Also Mentioned on This Page
Dbus
Sam Yu
Moncks
Jones Industrial
Kurt
NYSE
Life Tech
WePwr
Litton
Lowes
VATAX
Loyola Corp
Marriot
WEMCO
Balige
Hell Air
Mercantile BioWhittaker
Cinvens Bank Te Oy
Moore Corp Nations Bank
Comsal Csx Corp
Penney
Potom
Lwon
CNB Corp
USFG
FAM Bancorp
Giant Foods
Rome
Gery Fayng
First General Mortgage Company
Rockville
Warcy Priggter
Rockville Pires
Sxral Security
Nen Pertelme
Vera
Dceanlet
Esumbunone
Cay
Patrick Center
Scripps Howard News Service
Ryd
Frederick Branch
W. Patrick Sr
Citizens Savings Bank
Bethesda
Chevy Chase
Damascus
Flower Hill
Meno
Gaithersburg
Kensington
Olney
Potomac
Quince Orchard
Rockwille
Silver Spring
Wheaton
Glenmont
White Oak
Lacetran
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