Retail sales rise for top four U S majors in January
ED WATERS JR reports strong January gains for Sears Roebuck and Co at 5.5 percent year over year to 1.26 billion and 1982 yearly sales of 20.18 billion. Xovart and Kmart show varied January gains, while J C Penney posts 9.2 percent January rise and Woolworth tops with 32.4 percent rise aided by Woolco closures. Local store managers in Frederick note stronger performance and early 1982 optimism. Bell & Co reports 9 percent drop in 26 weeks ending December 25 1982.
MENTIONED IN THIS ARTICLE
Sears, Roebuck and Co
Chicago
Dave Johnson
Sears
Francis Scott Key Mall
Frederick
Johnson
Xovart
Kmart
Kim Owen
Frederick County Square
Owen
Woolco
Kmarts
J.C. Penney Co
Clint Walker
Penney’s
Frederick Towne Mall
Woolworth
BELL
Walter Bell
W. Bell & Co. Securie
Dow Jones Industrials
Allg Pw
Avemco Corp
Baltge
Corpsa
CoeaCl
Comsat
Genex
Emart
Lowes
Marriott Corp
Mercantile Enkshr
Penney
Safewy
Baker Watts & Co
Transportation stock surge lifts market in January trade
Transportation stocks led a modest market rise as lower oil prices and a recovering economy boosted airline and rail shares. Pan American World Airways jumped despite a quarterly loss, while retail giants like J C Penney Kmart Sears and Federated Stores also posted gains. Overall volume rose and major indices advanced on the New York Stock Exchange and Nasdaq.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Pan American World Airways
Pan Am
UAL
AMA
Delta
World Airways
Eastern
Trans World
J.C. Penney
Kmart
Solarex Pitches Cheaper Energy Through Solar Breeder
Lori Liflin of Solarex told the Frederick Rotary Club the solar breeder facility, near Ballenger Creek Pike, could make solar energy far cheaper within six to eight years. The project uses 3,200 panels totaling 224,640 cells, aims to supply production lines, and highlights solar power for remote sites and public utilities.
MENTIONED IN THIS ARTICLE
Solarex
Lori Liflin
Solarex Corp
Raymond A McFarlane
Frederick
Joseph Lindmayer
Ms. Loflin
Oman
Mali
Swar Energy
Knoxville
Chicago
Potomac Edison launches helicopter patrols to inspect lines
PE crews begin aerial inspections in Frederick Carroll and Montgomery counties from February seven to March in a three state area to identify potential problems on transmission and distribution lines. The 8000 mile patrol aims to improve reliability at an estimated cost of twenty thousand dollars, with ground crews ready to repair promptly.
MENTIONED IN THIS ARTICLE
Potomac Edison
Jim Latimer
Frederick
Carroll
Montgomery
Latimer
John Hanson S&L bets on 35 percent ROE in 1983 outlook
John Hanson Savings & Loan President Jerry D. Whitlock sees a 35 percent net return on equity in the first half of 1983 and a stable market in 1983. The lender, after three mergers in 16 months, plans to add locations in the Washington Baltimore Eastern Shore region and expand services while offering Money Market funds and Super-NOW accounts.
MENTIONED IN THIS ARTICLE
John Hanson Savings & Loan
Jerry D. Whitlock
Association
Whitlock
John Hanson
Harford Gunpowder Savings and Loan
Edgewood
Washington-Baltimore- Eastern Shore
John
Improved long distance calling begins Feb 12 in Frederick area
C&P Telephone will switch Frederick to TSPS a computerized long distance system. It speeds operator assisted calls, enables calling card billing without talking to an operator, and routes charges automatically. Five Maryland TSPS sites exist, with Frederick consolidating its 33 B. Patrick St switchboard.
MENTIONED IN THIS ARTICLE
C&p Telephone Co
Frederick
Maryland
Hagerstown
Salisbury
Glen Burnie
Baltimore
B. Patrick St
TSPS
C&f
Guidelines drafted for USW negotiations in Pittsburgh
The United Steelworkers drafted guidelines Wednesday for union negotiations ahead of a new contract round with concession seeking steel industry employers, aiming to address the harsh economic climate and support workers while negotiating.
MENTIONED IN THIS ARTICLE
Pittsburgh
United Steelworkers
USW
Joseph Odorcich
Basic Steel Industry Conference
Odorcich
Lloyd McBride
McBride
J. Bruce Johnston
U.S. Steel Corp
Wenaray Imntamental
McLouth Steel
Wheeling
Pittsburgh Steel
Colorado Fuel & Iron
Interlake Steel
FCC grants exception for C and P disability equipment
The FCC preserves C and P Telephone Co access to new equipment for disabled and hearing impaired customers despite a market deregulation order. The exemption lasts until hearings on disability issues conclude, protecting services for about 12,000 local customers in Maryland Virginia West Virginia and DC.
MENTIONED IN THIS ARTICLE
Federal Communication Commission
FCC
C&p Telephone Co
C&p
Bell Telephone
Maryland
Virginia
West Virginia
District of Columbia
Joan Nuiros
Washington, D.C
Also Mentioned on This Page
K-Mart
F.W. Woolworth
ED Waters JR
News-Post
Sears Roebuck
Federated Department
Carter Hawley Hale
Exchange
Standard & Poor
S&p
American Stock Exchange
the News
Frederick Hochstetter
S&l
Jim Schwartz
Florida
National Geographic
Valley Tax Service
East Main St
Middletown, Md
Pater Cononko
Jom Hill
Stereo Biggs
And
Society of Public Accounto
Avarasse
Matthew
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