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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Dec 10, 1991

Page

9

Advertising Spending Drops Amid Economic Slump Forecast

Renent Clie of McCann-Erickson Worldwide revised U.S. domestic ad growth from 4.6 percent to 3.1 percent and now sees a 1.5 percent decline, the largest drop since World War II. He blamed the Persian Gulf War holdover and the broader slowdown, noting he was too optimistic about 6.2 percent growth later this year as inflation rises and inflation-adjusted growth sits near 2.4 percent.

Renent Clie Chia Procester MecCann-Erickson Paine Webber

High tech phone service may raise Maryland rates

Chesapeake & Potomac plans modernized service with fiber optic wiring to homes, enabling two way video, high definition TV, and video mailboxes. Critics warn higher rates. supporters say modernization spurs economic growth and jobs. Regulators will decide consumer demand and cost.

Baltimore Chesapeake & Potomac Maryland John M. Glynn Public Service Commission C&p Coorg Urenus Bell Atlantic Corp North Dakota Commission Donald Hutchinson AA Ok My Amada Naizies

T-bill auction yields hit 19-year lows

Washington AP reports Treasury sold 20.29 billion in three month bills at an average discount rate of 4.21 percent, down from 4.39 percent last week. Six month bills brought 10.2 billion at 4.20 percent, also down from 4.39 percent. The three month rate was the lowest since 4.058 percent on August 21, 1972. The six month rate slid to a new low since 4.187 percent on June 12.

Washington Treasury Treasury Department Yeranes Ap.r Citizens Savings Bank Mary Virginia Prince George's

Back to Basics Program trains managers for practical skills

Hood College professors Dr. Ronald Parker and Dr. Kathleen Bands developed the Back To Basics Management Training Program to translate theory into practical techniques for supervisors. The one day course, co sponsored by the Frederick Chamber of Commerce, runs Jan 14 15 and 16 at the FSK Holiday Inn Frederick. Cost 875 includes manual and lunch. For details call Dr. Bands 775 2604 or Dr. Parker 695 271. TOKYO stock indexes slip as trading remains weak with Nikkei closing at 22352.88 points.

Hood College Ronald Parker Kathleen Bands Department of Retailing Dr. Parker Ken Bands Dr. Bands Dr. B Chamber of Commerce Frederick County FSK Holiday Inn Frederick Parker

BioWhittaker Reports Fiscal 1991 Results

BioWhittaker Inc reports year end Oct 31 1991 sales of 41.435 million up from 33.288 million in 1990. Income before corporate charges and taxes rises to 7.742 million from 6.9999 million the prior year.

Walkersville Prnewswire BioWhittaker, Inc

Stock symbol entry and price prompt

Instructions guide users to enter the stock symbol numbers and press the cent key to hear the delayed 15 minute price and daily net change, with a reference chart for context.

FCNB headquarters expansion under way in downtown Frederick

Frederick County Nations Bank begins a four story addition linking the main office to a Market St building. The project, approved by the Historic District Commission in November 1900, aims to connect structures, redecorate the main bay, and improve mobility while balancing downtown vitality. Bank officials acknowledge short term disturbance for long term benefits.

Frederick County Nations Bank Mais Market St Ste Historic District Commission Linton

FCNB joins Federal Home Loan Bank system

Frederick County National Bank becomes a member of the Federal Home Loan Bank of Atlanta, gaining access to low cost funds for home financing and correspondent banking services. FCNB touts the move as expanding mortgage lending outreach. The article notes construction plans for the main entrance, with Proffitt and Proffitt Architects and Wi Construction Insurance Corp. as contractor. Also included are stock market figures from New York and a Buckeye town market event with Santa and Frosty the Snowman.

Frederick County National Bank Federal Home Loan Bank of Atlanta FCNB Uae Cannes Proffitt and Proffitt Architects P.C I6 Wi Construction Insurance Corp Frederick County

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