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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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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