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News in Frederick, Maryland

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Dec 19, 1991

Page

14

Market Mixed As GM Plans Plant Closures And Greenspan Sours

Stocks mixed as GM announced 21 North American plant closings and tens of thousands of jobs cut in a restructuring. Greenspan testified gloomily about the economy while Commerce data hinted at rising business spending. Dow rose to 2906.09 as volume neared 192 million shares. NYSE and AMEX indices moved modestly.

New York General Motors Corp Federal Reserve Alan Greenspan General Motors Unum Greenspan House Ways and Means Wall Street Commerce Department U.S NYSE American Stock Exchange

Grain futures mixed as Chicago Board of Trade shows activity

Grain futures for wheat corn and soybeans move with mixed signals on the Chicago Board of Trade. Wheat offers Dec and May contracts with small gains while corn and soybeans show varied one day percentages and open interest shifts. Prices reflect busy trading with several thousand bushels per contract and thousands in open interest across Dec May and Sep positions. Philadelphia egg market reports fair to good demand with consumer grade white eggs priced for retailer shipments and volume buyers.

Philadelphia USDA

State report shows no end to recession in sight in Maryland

Maryland’s state report notes the recession lingers with mixed results. October gains in health care add 500 jobs, but construction shed 2,600, services 2,100, and finance real estate cut 1,100. Unemployment rose to 5.5 percent with 35,281 fewer employed. initial unemployment claims near 54,737.

Baltimore State Department of Economic and Employment Development DEED Office of Research

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Jenet Loyola Corp Marriott Ally Pwrou MCI Comm MNC Fla Avemco Balige —K Bell Ag Nochgd Moore Corp Black Dr C&S/Sorran Sears MA Citizens Bank CSX Corp Ferris Baker Watts Inc Fcnb Corp F&m Bancorp First Bank of Frederick Giant Foods Corpsore Emart Chicago Chicago Board of Trade Jol ST Stam SG Aw Sam Smaker Tue Intial Ecomoaale Pesai Thistic Baltimmore Iube Queen Anne's Worcester Federal Reserve Bank of Pata Uat Virginia Bell Atlantic Mid-Atlantic Region Bell Atlantic Mobile Systems Business Radio Products, Inc O, Frederick Viva
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